Today
Tax rise ‘last nail in the coffin’ for Victorian property investors
Melbourne property manager Carmen Littley says she has lost 52 investor clients since landowners were slugged in the most recent state budget.
- Gus McCubbing
The suburbs where prices jumped more than $240k in three months
Improving housing sentiment has fuelled strong rebound in house and unit values in the major capital cities.
- Nila Sweeney
- Opinion
- Chanticleer
Why rising house prices make RBA rate cuts less likely
The latest data from the housing market says supply remains weak, and prices are rising again. That will probably give the RBA a headache.
- James Thomson
How Country Garden plays into China’s property mess
When China moved in 2020 to reduce the risk of a housing bubble, it set off a cash crunch for developers that was worsened by pandemic lockdowns.
- Pearl Liu and Enda Curran
Chinese buyer outbids locals by $1m for luxury Gold Coast home
A FIRB buyer paid $7.7 million for a newly built Miami-style mansion in Mermaid Waters – over $1 million more than any local offered for it.
- Michael Bleby
- Exclusive
- Property development
Satterley buys AustralianSuper’s Kingswood Golf Course site for $220m
Rich List developer Nigel Satterley has beaten listed property giant Mirvac and others to acquire Melbourne’s Kingswood Golf Course site in the biggest land deal of the year.
- Larry Schlesinger
Yesterday
‘Buyers are flighty at the moment’: Caution softens clearance rate
Bidders are competing for high-quality homes, but a lack of bids for lower-priced properties is pulling the national clearance rate lower.
- Michael Bleby
This Month
Hong Kong agents say property deals jump after big policy moves
The financial hub chalked up 28 new home sales – double the previous day’s volume – on Wednesday after authorities removed all additional stamp duties.
- Clare Jim and Edward Cho
China home sales slide despite support from regulators
The property downturn remains a headwind for China’s economy, ratcheting up pressure on developers that are struggling to repay debts and complete projects.
- Bloomberg News
The apartment trap: why a unit may no longer get you a house
The accepted wisdom that an apartment is a stepping stone to buying a house is being called into question as the gap between unit and house prices hits a record high.
- Nila Sweeney
- Exclusive
- Luxury property
Royale treatment for interior designer’s $16m home
Tanya Johnston, the interior designer daughter of Royale Construction boss Peter, has listed her Hawthorn home in Melbourne’s east for about $16 million.
- Bonnie Campbell
- Exclusive
- Luxury property
Veteran fundie pays $18m for film producer’s Manly home
On Manly’s best street, Barry and Heather Henderson paid $18 million for an original-condition home owned by “Lion” producer Shahen Mekertician.
- Bonnie Campbell
- Exclusive
- Luxury property
Stock picker, horse breeder spend big on trophy homes
Perpetual’s Anthony Aboud and wife Aleesha have paid $18 million for a contemporary Woollahra home, not far from the new digs of Newgate Stud’s Henry and Louise Field.
- Bonnie Campbell
House price growth gathers speed as sentiment improves
Home values re-accelerated in February bolstered by increasing optimism about potential interest rate cuts later this year amid falling inflation.
- Nila Sweeney
February
- Exclusive
- Luxury property
Mayor, Google exec pay $10.18m for Vaucluse mansion
Eastern suburbs power couple Richard and Shoshana Shields have emerged as the buyers of a three-level Vaucluse home.
- Bonnie Campbell
Melbourne estate hits the market for $49m
More than a hectare of inner Melbourne is on offer, with the historic estate re-entering the market alongside a neighbouring property for $48.8 million.
- Bonnie Campbell
Ex-rental listings jump as more investors bail out
Higher mortgage costs and increasing regulation could spur more landlords to sell their investment properties, reducing the number of homes for rent.
- Nila Sweeney
Regional housing markets outpace the capitals as rates rise
Home values in regional markets are rising faster than in the cities as higher interest rates hurt and migration away from built up areas escalates, CoreLogic says.
- Nila Sweeney
![The deceased estate home with shed on a site comprising three separate titles at 7 Churchill Street in the Ipswich,] Queensland suburb of Churchill sold at auction for $1,050,000.](http://web.archive.org./web/20240304122927/https://static.ffx.io/images/$zoom_0.2303%2C$multiply_3%2C$ratio_1.777778%2C$width_1059%2C$x_211%2C$y_70/t_crop_custom/c_scale%2Cw_140%2Cq_88%2Cf_auto/39b81c2d0643e507235e8a3548ef8011ec64854f)
First home buyers don’t get a look-in as investors swoop
Rate-sensitive aspiring home owners hoped to buy one of three lots put up for sale by one vendor, but they didn’t even get to bid.
- Michael Bleby
Unrenovated Sydney terrace beats reserve by $1.5m
A Paddington terrace sold for $9m on a weekend when auction clearance rates were weaker amid a surge in listings, indicating more properties on offer than buyers.
- Nila Sweeney
