Today
Cup rate rise would push up risk of another property downturn
Some buyers want to lock in purchases before needing to renegotiate financing, but others are increasingly willing to wait it out, agents say.
- Michael Bleby
This Month
Ingham heiress’ $15m flat comes with celebrity neighbours
Jessica Ingham, granddaughter of chicken billionaire Jack Ingham, on why she’s selling her $15m apartment in Sydney’s Woolloomooloo wharf.
- Bonnie Campbell
- Exclusive
- Luxury property
Jayne Hrdlicka lists Melbourne grand mansion, again
The Virgin CEO has put her $18 million base in the Victorian capital on the market. In Brisbane, her predecessor, Paul Scurrah, and wife Nicole have sold in Ascot.
- Bonnie Campbell
What’s ahead for the housing market, in eight charts
Can house prices keep on rising or will higher mortgage costs finally kill off the recovery?
- Nila Sweeney and Les Hewitt
- Exclusive
- Luxury property
Former AFL club chairman to sell mansion for $20m+
Tony Cochrane, who used to help lead the Gold Coast Suns, and his wife, Thea, have listed their four-storey Southport riverfront.
- Bonnie Campbell
- Opinion
- Chanticleer
This vicious housing cycle looks hard to escape
Rising house prices and plunging housing starts are putting more pressure on the RBA to raise rates, just as household mortgage buffers are running out.
- James Thomson
Ultra-wealthy Buxton family scion sells South Yarra home
Steve Buxton, son of Rich Lister Michael Buxton, has sold his historic Darling House in Melbourne’s blue-chip South Yarra.
- Bonnie Campbell
World’s mega-rich bet on renters to increase their billions
Before the pandemic, the world’s wealthy were largely focused on office properties. Now rental housing has become more of a draw.
- Ben Stupples and Natalie Wong
- Exclusive
- Luxury property
Home of late online betting entrepreneur joins Toorak market for $17m
Ciara Griffiths, the wife of the late online gambling entrepreneur Grant Griffiths, has listed her Toorak home for $17 million.
- Bonnie Campbell
Singapore’s mansion market stutters amid money laundering blitz
Singapore’s luxury home market is grinding to a halt amid money laundering investigations into a group of people of Chinese origin, significant tax hikes on foreign buyers and rising interest rates.
- Low De Wei and Faris Mokhtar
Ralan founder pleads guilty to fraud
High-profile developer William O’Dwyer is accused of dishonestly obtaining, by deception, the ability to draw down on $251 million in finance.
- Nick Lenaghan
Quarterly house price growth loses momentum
As advertised stock levels rise and buyer demand looks increasingly shaky amid low sentiment, stretched affordability, and the potential for another rate increase, the outlook for housing markets isn’t looking as positive as it was a few months ago.
- Nila Sweeney
October
Got a spare $5m? How to renovate your Paris apartment
You think your reno is tricky? Try doing up a heritage pad in the 4th Arrondissement in lockdown. From Melbourne.
- Michael Bleby
Former Lendlease chairman David Crawford lists $16m mansion
Completed in 1874, the grand period home Fairholme in the Melbourne suburb of Camberwell has been owned by Mr Crawford and his wife for 30 years.
- Larry Schlesinger
‘Out of Seinfeld’: Home sold $2.6m over reserve, for $4.6m
Overseas-based parents bought a house for their student children with a key concern in mind – that they wouldn’t need to cook for themselves.
- Michael Bleby
Economists tip property prices to rise 7pc in 2024
They say the relatively low supply of listings and the resurgence of buyers could list prices by as much as 8 per cent nationally.
- Campbell Kwan and Nick Lenaghan
Home buyers spooked by prospect of another rate rise
The prospect of another interest rate rise has shaken buyers’ confidence, sparking a drop in clearance rates across the combined capital cities.
- Nila Sweeney
Luxury makeover for Manhattan’s famed Flatiron Building
The iconic office building in the heart of New York had fallen on hard times. A makeover into ritzy apartments will give it a new lease on life.
- Matthew Haag
- Exclusive
- Luxury property
Jewellers Keith and Deirdre Beville to sell $25m Toorak gem
The home of Melbourne’s Bevilles Jewellers family on Whernside Avenue joins Toorak’s prestige market with a price of up to $25 million
- Bonnie Campbell
- Exclusive
- Luxury property
Former Rich Lister Charles Curran to sell $29m Woollahra home
Media baron Charles Curran listed his Woollahra home for $29 million, while philanthropists Fiona Martin-Weber and Tom Hayward sell nearby for $19.7 million.
- Bonnie Campbell
