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Latest

Walhallow covers more than 1 million hectares and includes 53,000 head of cattle. 

Blundy puts $230m NT cattle station portfolio on the market

The offering includes Walhallow station south-east of Darwin, which the billionaire acquired from Macquarie Group’s Paraway Pastoral for a then record $100 million.

  • Larry Schlesinger
WA Museum Boola Bardip in central Perth.

WA Museum Boola Bardip enlivens Perth city centre

The public museum cleaned up the WA architecture awards but private hospitality projects also showed the power of breathing new life into old buildings.

  • Michael Bleby

Large Lancelin landholding hits market, north of Perth

Around 100 kilometres from the Perth CBD, the property stretches from the fishing and holiday community of Lancelin South to Breton Bay.

  • Nick Lenaghan

Apartment vendors gain the upper hand

Growing demand from cashed-up investors and first home buyers frustrated in the detached housing market has prompted apartment vendors to lift their asking prices.

  • Nila Sweeney

High-net-worth investor-backed fund buys Wollongong pub for $21m

The renovated Five Islands Hotel in Cringila was bought by publican Paddy Coughlan’s new venture Ludlow Hospitality, which he established in October last year.

  • Larry Schlesinger

Barwon launches disability housing fund

The shortfall between the limited supply of suitable disability housing and the demand from NDIS participants has created the opportunity for private sector involvement.

  • Nick Lenaghan

How it Sold

Past its use-by date: But the three-bedroom house on 2.65ha sold for $6 million.

It’s still a seller’s market on Mornington Peninsula

The $6 million sale of a subdivided block – despite all the buyer’s arguments it was overpriced – shows where the power lies in one part of the market.

  • Michael Bleby
The ‘tired’ two-bedroom, one-bathroom terrace house at 3 Union Street in Sydney’s Paddington sold after auction for $2.11 million.

‘Fear of paying too much’ stops Sydney auctions cold

In the Emerald City, vendors’ price hopes keep growing. But, increasingly, buyers aren’t willing to play that game any more.

  • Michael Bleby

Luxury Property

Past its use-by date: But the three-bedroom house on 2.65ha sold for $6 million.

It’s still a seller’s market on Mornington Peninsula

The $6 million sale of a subdivided block – despite all the buyer’s arguments it was overpriced – shows where the power lies in one part of the market.

  • Michael Bleby
34 Albany Road, Toorak sold at auction for $14,250,000.

Melbourne mansion sells for $2.75m above reserve

The five-bedroom, three-bathroom deceased estate in one of the most prestigious streets in the elite suburb of Toorak fetched $14.25 million at auction.

  • Rachel Wells
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Yesterday

How investing in warehouses paid off for Amazon’s landlord

If the warehouse was once derided in the property world as ‘four walls and a roof’, it has become a sensation over the past year.

  • Joshua Chaffin

Wind farm dispute: are tenant’s fixtures ‘land’?

Farmers who are considering leasing their land to wind or solar farm operators will have to consider the potential implications of a NSW Supreme Court decision involving Taralaga wind farm.

  • Matthew Cridland

Amazon says remote work is OK two days a week

Amazon shifted its stance after a backlash from corporate employees against the expectation of a return to full-time office work once coronavirus restrictions are lifted.

  • Katherine Anne Long, Heidi Groover, Paul Roberts and The Seattle Times

It’s still a seller’s market on Mornington Peninsula

The $6 million sale of a subdivided block – despite all the buyer’s arguments it was overpriced – shows where the power lies in one part of the market.

  • Michael Bleby

Melbourne mansion sells for $2.75m above reserve

The five-bedroom, three-bathroom deceased estate in one of the most prestigious streets in the elite suburb of Toorak fetched $14.25 million at auction.

  • Rachel Wells
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This Month

Macquarie seals Vitalharvest takeover after Roc outmuscled

Macquarie has won the battle for Vitalharvest, but its victory came at a significant premium - units in the fruit orchard trust rose 33 per cent during the bidding war with Roc.

  • Updated
  • Larry Schlesinger

Adelaide’s oldest theatre, newest casino top SA architecture awards

Designs that breathed new life into the city’s longest-running arts venue and the peaceful interior of a new casino bar stood out this year.

  • Michael Bleby

Grollo family sells Footscray office building to Centuria for $224m

Melbourne’s Grollo family has exited an investment it has held since 2014, selling to Centuria Capital Group for $224 million.

  • Martin Kelly

Victoria posts a 45.3pc jump in new house sales

Sales of new homes rebounded by 15.2 per cent in May, as buyer confidence fuelled strong demand even without the HomeBuilder stimulus.

  • Nila Sweeney

Macquarie lifts Vitalharvest stake to block Roc bid

Macquarie may have landed a decisive blow in the battle for Vitalharvest after acquiring a 20.9 per cent blocking stake and matching Roc’s latest offer for the trust.

  • Larry Schlesinger

Lendlease sharpens global focus in Lombardo’s reshuffle

The new chief executive has promoted his closest rivals for the job to play bigger roles in the changing company.

  • Michael Bleby

The Sydney house expected to smash its suburb record

One of Maroubra’s largest properties, which has been listed for expressions of interest, is expected to obliterate the area’s $14 million high.

  • Kate Burke

Sales and search volumes plummet as winter sets in

Home sales slumped in the last week of May, with Victoria and Canberra posting a more than 32 per cent decline from the pre-Easter peak.

  • Nila Sweeney

Melbourne the office laggard even before the last lockdown

While Melbourne’s lockdown will be lifted in the main from midnight on Friday, the southern capital was already trailing its interstate peers in a CBD recovery.

  • Nick Lenaghan

Owners head for the exit at $1.8b Pacific Fair mall

The potential full sell-down of one of the Gold Coast’s best-known shopping centres will carry significant implications for the broader sector, as well as for fund manager AMP Capital.

  • Nick Lenaghan
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NHFIC’s latest $462m social bond raise takes three-year tally to $2b

Demand is outstripping supply for social bonds issued by the National Housing Finance and Investment Corporation, used to fund social and affordable housing.

  • Martin Kelly

‘Mr Port Douglas’ embarks on his latest project, aged 93

John Morris’s latest project of 20 luxury villas will cater to the next wave of interstate arrivals seeking an escape from city life in idyllic Port Douglas.

  • Larry Schlesinger

Housing markets boom – and so does underquoting

The perennial problem of underquoting is worse than ever in the current market, despite efforts by authorities to stamp it out, buyers’ agents say.

  • Michael Bleby

Developer Hickory moves into data centres

It seems like a stretch but not so, says Hickory Director Michael Argyrou about his company’s expansion into the high-tech world.

  • Martin Kelly