Today
House sellers pocket $300,000 gross profits as prices rise
The sharp increase in prices in the September quarter delivered a windfall for many vendors, but profits are expected to weaken next year as prices are predicted to fall.
- 1 hr ago
- Nila Sweeney
This Month
Sydney’s auction clearance rate falls to lowest this year
Sydney’s weaker clearance rate coincided with a sharp slowdown in home values which gathered pace in the past four weeks.
- Nila Sweeney
Undersupply of new homes to trigger next boom, but not yet
The supply shortage is unlikely to spur strong price growth over the near to medium term, but it could underpin a future rebound, experts say.
- Nila Sweeney
- Exclusive
- Luxury property
Former Allianz boss spends $15m on Woollahra pad
Former Asia-Pacific CEO of Allianz, George Sartorel, and his wife, Kathy, have purchased a designer Woollahra home in Sydney’s east.
- Bonnie Campbell
- Exclusive
- Luxury property
Brisbane record up for grabs as historic Queenslander hits market
The sprawling Queensland estate of financial services industry player Craig Offenhauser and wife Lorelle could eclipse Brisbane’s April record of $20.5 million.
- Bonnie Campbell
- Exclusive
- Luxury property
Royal Sydney: Rose Bay mansion hits market for $33m
Insurance industry boss Mark Senkevics and his wife, urban development big wig Kimberley Jackson, have listed their home fronting Royal Sydney Golf Club.
- Bonnie Campbell
The suburbs where houses gained $1m in 12 months
Premium suburbs led the biggest gains in house prices growth by value, while the affordable suburbs posted a faster rate of increases.
- Nila Sweeney
- Exclusive
- Luxury property
Virgin CEO Jayne Hrdlicka sells Melbourne mansion listed for $18m
The deal will bank a tidy windfall for the airline’s CEO, given she paid $13 million for the mansion in 2016.
- Bonnie Campbell
The suburbs where house prices are up more than 5pc
Which suburbs are defying the slowdown in house prices across Sydney and Melbourne?
- Nila Sweeney
House price growth to soften as listings rise faster than demand
Market conditions are now in favour of buyers as higher stock levels provide more choice, less urgency and greater opportunities to negotiate.
- Nila Sweeney
- Exclusive
- Luxury property
‘Most exclusive’ highland estate to join prestige market
The former summer holiday retreat of 16 consecutive NSW governors, Hillview, has joined the prestige market for the first time in 24 years.
- Bonnie Campbell
- Exclusive
- Luxury property
Mystery buyers of $16m ‘Starship Enterprise’ mansion revealed
Construction industry bosses are behind a series of pricey property trades across Sydney, including the purchase of a futuristic northern beaches estate.
- Bonnie Campbell
Living like a five-star hotel guest inside Melbourne’s $18m penthouse
A yet-to-be-completed $18 million apartment will introduce hotel-branded penthouses to Melbourne, crowning Australia’s first 1 Hotels & Homes.
- Bonnie Campbell
- Exclusive
- Luxury property
Mechanic flips Bellevue Hill trophy home for ‘close to’ $38m
Prestige property flippers and auto-garage owners Steve and Carmen Davidson have sold their Bellevue Hill mansion listed just three weeks ago for $38 million.
- Bonnie Campbell
Man buys home for $2m more than guide, proposes on the spot
In a country obsessed with real estate, one Sydney buyer combined love and property with an $8.5 million auction offer and a ring.
- Bonnie Campbell
- Exclusive
- Luxury property
Change of strategy gets the sale done for furniture boss’ mansion
The Toorak born-and-bred Bill Guest doesn’t come with a log cabin story, once telling a Melbourne radio station he had his “first ensuite when he was two”.
- Bonnie Campbell
FOMO returns amid high migration and supply shortage
The potential to make strong capital gains due to lack of supply and swelling demand is fuelling fear of missing out among investors.
- Nila Sweeney
Sydney’s north shore gains $18m listing, farewells ex-Healthscope boss
The former Wahroonga home of late healthcare boss Doug Moran and wife Greta has rejoined Sydney’s upper north shore market with $18 million price hopes.
- Bonnie Campbell
Private equity boss’ $15.2m Mosman mansion sells for a loss
Potentia Capital’s Andy Gray and wife Emma have sold their Federation mansion for almost $2 million less than the $17 million they paid for the Federation mansion last year.
- Bonnie Campbell
Sydney house prices headed towards a double-dip downturn
Sydney’s housing market slowed faster than expected in November.
- Nila Sweeney
