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Property

Residential

Today

The three-bedroom house at 44 Hannah Street in Sydney’s Maroubra sold just $5000 over reserve for $2.205 million. 

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

The view from Jessica Ingham’s Finger Wharf apartment living room.

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

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

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
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Australia’s housing affordability crisis is deepening as house prices appraoch record level.

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
Steve Buxton has sold his historic South Yarra home Darling House.

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

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
Fairholme was built in the grand Georgian style in the early 1870s.

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
The three-bedroom house on 741 square metres at 45 Derby Street in south-western Sydney’s Canley Heights sold at auction for $4.6 million. 

‘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
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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
Jeffrey Gural, a longtime stakeholder in Manhattan’s Flatiron Building, and his group of investors won an auction for the iconic landmark after years of battling over its future.

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
Keith and Diedre Beville are selling their family home of over half a century.

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

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