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The Light Brigade Hotel stands on the highest point in Paddington

Woollahra’s Light Brigade Hotel for sale at $20m

The imposing pub at the top of Oxford Street is on the market for the first time in almost a decade, and following an extensive renovation.

  • 1 hr ago
  • Larry Schlesinger
A $24m sale, with $300 million development plans: The Sunny Meadows farm and Coldstream Aerodrome in Victoria’s Yarra Valley.

Acuity Development has $300m plan for Yarra Valley aerodrome and farm

The developer, which sources both projects and investors, has grand plans for the Yarra Valley’s only sealed airstrip and neighbouring farm.

  • Michael Bleby

Cautious buyers drag down Sydney auction clearance rate

Strong auction results are becoming rare in Sydney as more buyers are reluctant to stretch their limits, agents say.

  • Nila Sweeney

Property price rebound is ‘remarkably resilient’

Across the nation, the housing rebound is proving resilient despite higher borrowing costs, and a panel of 10 experts tips median gains of 5 per cent nationally.

  • Nick Lenaghan

‘Tapped out’ property investors use super when banks say no

A growing number of property investors who have “tapped out” their personal borrowing capacity are using their self-managed super funds to borrow more, advisers say.

  • Updated
  • Nila Sweeney

Fred Hollows Foundation co-founder lists NT wilderness gem

John Cooper, who set up the charity with the eye surgeon in 1989, bought the former Mt Bundy Station south of Darwin for just $505,000.

  • Larry Schlesinger

How it Sold

The 22nd-level, three-bedroom unit at 22F, 5 Bayview St, Runaway Bay in Gold Coast’s Runaway Bay sold at auction for $2.47 million.

Buyer plays up strata cost fears before $2.47m apartment purchase

A local purchaser of a Gold Coast unit used the threat of an extra $25,000 special levy hanging over the property to try to put his rivals off.

  • Michael Bleby
An oversized one-car garage with power on a separate title in Roslyndale Avenue in inner-suburban Sydney’s Woollahra sold off market for $500,000.

Welcome to Sydney, where a garage can set you back $500,000

The buyer of this neighbourhood space doesn’t have an electric vehicle. But enough people already do to make it an asset worth having.

  • Michael Bleby

Luxury Property

Sketch of the new home planned for David and Marisa Droga’s home on their Gaerloch Avenue, clifftop site in eastern Sydney’s Tamarama. 

David Droga plans new home for Tamarama headland site

The owners and designer Luigi Rosselli aim to create a house on the landmark Sydney site that better reflects its location and the environment.

  • Michael Bleby

Singapore’s $192,000-a-month retreats are latest luxury for new mums

High-end post-birth care centres are booming, especially in Singapore where the super-rich from mainland China have been flocking.

  • Yoojung Lee and David Ramli
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More From Today

The 22nd-level, three-bedroom unit at 22F, 5 Bayview St, Runaway Bay in Gold Coast’s Runaway Bay sold at auction for $2.47 million.

Buyer plays up strata cost fears before $2.47m apartment purchase

A local purchaser of a Gold Coast unit used the threat of an extra $25,000 special levy hanging over the property to try to put his rivals off.

  • Michael Bleby

This Month

My strange journey into the doomsday bunkers of the super-rich

The first season of Amazon’s ‘Fallout’ has captured the reality of some of the places that I had actually visited in “meatspace”.

  • Bradley Garrett
Sketch of the new home planned for David and Marisa Droga’s home on their Gaerloch Avenue, clifftop site in eastern Sydney’s Tamarama. 

David Droga plans new home for Tamarama headland site

The owners and designer Luigi Rosselli aim to create a house on the landmark Sydney site that better reflects its location and the environment.

  • Michael Bleby
The Sydney tower Quintessential bought last year.

Tenants race for top towers as B-grade buildings empty

The divide between prime buildings and secondary ones is most stark in Sydney. B-grade buildings will get left behind by tenants and lenders, experts say.

  • Nick Lenaghan

Hidden billions in Tokyo real estate lure activist hedge funds

There’s a $222 billion gap between how companies value their real estate on their books, versus what those same properties would fetch in the current market.

  • Lisa Du and Yasutaka Tamura
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Singapore’s $192,000-a-month retreats are latest luxury for new mums

High-end post-birth care centres are booming, especially in Singapore where the super-rich from mainland China have been flocking.

  • Yoojung Lee and David Ramli
Young home buyer, Edward Jiang, standing in front of his new home in Guildford.

He bought his first home at 19 – now he’s up to a $1m Guildford house

Edward, a 27-year-old bank analyst is passionate about property investment. He has just bought a home in Guilford for $1 million.

  • Campbell Kwan
Kapitol Group director Andrew Deveson at the at NEXTDC M2 Data Centre his company is building in Melbourne’s Tullamarine.

Data centre builders fight infrastructure for heavy cranes

Demand for the heaviest type of crane has pushed up costs at twice the rate of ordinary commercial cranes. And there aren’t enough of them.

  • Michael Bleby
The Mornington Peninsula is home both wealthy and working class suburbs

Developers slam Mornington Peninsula Shire social housing tax

A 3.3 per cent levy on new developments would reduce investment in housing on the Mornington Peninsula, says Rich Lister Sam Tarascio and other developers.

  • Larry Schlesinger
Sticking to a five-day week: 21-year-old construction trainee Charbel Helou.

Construction’s long hours put next generation of workers off

A new industry survey shows working conditions in an industry already struggling to attract women are also putting off the next generation of men.

  • Michael Bleby
Melbourne’s abundant affordable unit offering could provide the city with a competitive edge in attracting a diverse workforce, including first-time buyers and those seeking more affordable housing options according to Suburbtrends.

The suburbs where you can buy a unit for under $400,000

Home buyers looking to score units under $400,000 will not easily find them in Sydney or Brisbane, but Melbourne and Perth still offer plenty, at least for now.

  • Nila Sweeney
The Crescent Hotel generates almost $200,000 a week in revenue, mostly from pokies.

Redcape sells Sydney pub for $48m, unfreezes fund

The Crescent Hotel in Fairfield was sold to veteran publican Patrick Gallagher. It takes total divestments since asset sales began last year to more than $200m.

  • Larry Schlesinger
The heritage-listed hotel was originally a wool store built in 1888.

Melbourne fund manager buys Darling Harbour hotel for $55m

Shakespeare Property Group, part of fund manager Prime Value, has snapped up the 90-room heritage-listed Woolstore 1888 hotel in Sydney.

  • Larry Schlesinger
RetirementAustralia is owned by NZ Super and Infratil.

Infratil, NZ Super put RetireAustralia back on the auction block

Street Talk can reveal the retirement community owner has mandated Jefferies Australia to run a sale process, swapping advisers from Jarden and E&P who led the charge last time.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
The Empire Hotel in Annandale.

Jon Adgemis’ Public Hospitality Group puts first pub on the market

The proposed sale of the Empire Hotel in Sydney’s inner west suburb of Annandale comes after the collapse of a refinancing deal with Bain Capital this month.

  • Primrose Riordan
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Six people were fatally stabbed while another 12 were injured from knife attacks by Joel Cauchi at Westfield Bondi Junction.

Westfield, retailers at odds over pre-attack drills

Days after six people were fatally stabbed at a Westfield Bondi Junction, it has been revealed it did not perform drills on how to respond to such a threat.

  • Campbell Kwan, Michael Bleby and Gus McCubbing
Sydney home buyers would now need to allocate more than 74 per cent of their income to service a new loan for a house according to ANZ.

Housing affordability the worst in 20 years: ANZ

Soaring rents and record-high home values along with high interest rates have combined to create the worst buying and renting conditions in more than 20 years according to ANZ.

  • Nila Sweeney
Jean Nassif, pictured here with his wife Nissy is now a fugitive living in Lebanon.

Toplace creditors vote to defer liquidation in hope of better return

Creditors of the collapsed developer founded by wanted fugitive Jean Nassif have voted for a scheme that may get them a better payout.

  • Larry Schlesinger

Singapore orders all employers to consider flexi-time requests

Singapore’s move is in line with other countries including Ireland and the UK, where governments require businesses to consider flexi-work requests.

  • Yihui Xie
The sale of the Intellicentre in Macquarie Park was stuck on a 3.6 per cent yield.

AI boom drives $174m data centre deal on 3.6pc yield

Macquarie Technology Group will acquire the Intellicentre Campus at Macquarie Park from Singapore’s Keppel DC REIT as it looks to lift data storage capacity.

  • Larry Schlesinger