Yesterday
The feature that can add $1m to your property’s value
It has to be one of the ultimate accessories – your very own jetty and instant access to magnificent waterways. And it pays back more than you may have thought.
- Sue Williams
This Month
House price growth eases in outer suburbs
The outer fringe suburbs, where new housing developments are fast coming up, are losing the most growth momentum.
- Nila Sweeney
Housing sentiment drops as prices and sales weaken
An NAB survey has found sentiment has dropped to 60 points in the third quarter from a record 71 points the quarter before.
- Nila Sweeney
This yachtie just sold his Sydney apartment for a record $25m+
Hugo van Kretschmar’s sale not only smashes Darling Point’s $16.8 million unit high, it is also the suburb’s highest property price for more than 18 months.
- Lucy Macken
Yarraville denim factory site slated for $1b project
Irongate and Fraser Property Australia have joined forces to take control of a shut-down denim factory site in Melbourne’s inner west.
- Nick Lenaghan
Investors find ‘robust’ returns in new boarding houses
A 35 double-room studio apartment building has been sold for $10.5 million to a private family investor amid growing demand for the sector.
- Nila Sweeney
This apartment’s auction just set a Queensland record of $16.1m
The impressive $13.5 million sale of a luxury flat in Noosa Heads was topped by a nearby three-level unit overlooking the main beach.
- Sarah Webb
Worst is over for Melbourne and Sydney apartment landlords
Apartments in CBDs suffered large declines in rents during the pandemic, but are poised to see strong rental growth as the lockdowns end and the border reopens.
- Nila Sweeney
Social housing in NSW gets a $183m funding boost
The NSW social housing sector has received extra funding to accelerate development of more than 1400 new homes and help kick-start the state’s construction industry.
- Martin Kelly
The sale that gave a developer FOMO
Just two phone calls – and no marketing campaign – were all it took to add $130,000 to the sale price of a site that had big beachside potential.
- Michael Bleby
The CEO of Optus has bought a $15m historic landmark house in Sydney
Kelly Bayer Rosmarin and her husband have made a handsome trade-up in their Vaucluse real estate by purchasing a Spanish mission-style residence.
- Lucy Macken
House prices ‘moving before buyers’ eyes’
Melbourne buyers agent David Morrell says his clients are undertaking just one inspection and then making an offer to avoid missing out as prices surge.
- Larry Schlesinger
Sydney house prices to rise 27pc: Westpac
Westpac is expecting Sydney dwelling prices to rise by 27 per cent this year, 5 percentage points higher than its previous forecast as the lockdown failed to slow strong market momentum.
- Nila Sweeney
Prices soar as ultra-rich splurge $650m on luxury Sydney apartments
The price of super-prime luxury apartments in Sydney has surged 48 per cent as buyers spent big during the first half of the year.
- Nila Sweeney
Chemist Warehouse CEO buys $43m Toorak property
It’s an Australian record for a home sold by auction and makes it Melbourne’s second-highest residential price achieved.
- Michael Bleby
Housing starts soar on HomeBuilder
Detached homes were strong, but the big surprise was a jump in apartment construction, thanks to investors ‘looking through the haze of the pandemic’.
- Michael Bleby
Evergrande boss Xu Jiayin left money on the table in Point Piper
One prestige property aficionado suggested the Wolseley Road trophy home would fetch $65 million in this market or a $26 million gain.
- Myriam Robin
Waterfront apartment sales gross millions in gains
Apartments in waterfront suburbs and those in trendy areas near the central business districts delivered up to $917,500 median profit for vendors during the June quarter, analysis by CoreLogic shows.
- Nila Sweeney
Freight boss buys $32m Vaucluse mansion
Following in the footsteps of his parents – who bought $38 million digs on the Point Piper waterfront six months ago – Arthur Tzaneros is upgrading his home.
- Lucy Macken
Evergrande pain spreads to investors as more payments missed
Trusts are reducing their exposure to other property firms, a sign that the real estate giant’s woes are threatening the entire industry
- Bloomberg News
