Today
Suburbs 100km from CBDs join upper echelon as prices surge
Strong demand for stand-alone homes during COVID-19 has catapulted a string of outer and previously affordable middle-ring suburbs to the top of the housing ladder.
- Nila Sweeney
Perth property ‘went nuts’, but these sisters managed to get in first
Jennifer and Maxine Gamble are sisters who have bought a house together to future-proof aged care issues that might arise in the future for them.
- Campbell Kwan
Yesterday
- Exclusive
- Luxury property
Restaurant duo splashes on Albert Park mansion with dark history
Nomad Group’s Al and Rebecca Yazbek have paid about $11 million for Hambleton House on Albert Park’s best street in Melbourne’s bayside.
- Bonnie Campbell
Imported tradies need to live somewhere too
To fix the housing shortage the government needs to train many more building industry workers at home as well as fast-tracking visas for foreign tradies, builders say.
- Michael Bleby
This Month
Why would anyone want to invest in Melbourne’s housing market?
Some experts are predicting Melbourne’s housing market to bounce back strongly in the next two years, but others warn about getting in too early.
- Nila Sweeney
- Exclusive
- Property development
Former AFL star pays $190m for Cranbourne Golf Course
The 70-hectare site in Melbourne’s south-east will support up to 1500 new homes with an end value of about $1 billion.
- Larry Schlesinger
First home buyers purchase from investors in $780,000 sale
This Central Coast home’s proximity to the M1 highway made it popular with tradies commuting to Sydney – and with rates outlooks stabilising, they were confident about buying.
- Michael Bleby
- Exclusive
- Luxury property
Retiring Reece chair lists $12m family mansion in South Yarra
Melbourne-based Reece chair Tim Poole and his wife Jane have listed their South Yarra home, Atherley, after 24 years owning the Italianate mansion.
- Bonnie Campbell
Killara Golf Club’s greenkeeper house sells for $700,000 above reserve
Auction clearance rates fell at the weekend as buyers grow cautious from interest rates staying higher for longer, but well-located properties remain popular.
- Campbell Kwan
- Exclusive
- Luxury property
Liberman family to sell $17m Toorak ‘treehouse’
A glass and steel modernist retreat designed by Robin Boyd has joined Toorak’s prestige market with a guide of $15.9 million to $17 million.
- Bonnie Campbell
Simon and Catriona Mordant shoot for record with $16m trophy weekender
The Sydney power couple have listed their Clareville waterfront, which is expected to reset the suburb record.
- Bonnie Campbell
- Exclusive
- Luxury property
AI pioneers pay $12.45m for harbourside penthouse
Appen founders Chris and Julie Vonwiller have joined a trend of “discerning down-sizers” seeking large apartments.
- Bonnie Campbell
Daniel Besen’s mansion gets craned
You might buy a $20 million trophy home with all the bells and whistles you can hope for. But who says someone won’t, one day, drop a crane on it.
- Updated
- Myriam Robin
Why $800,000 homes are in hot demand
Competitive pressure is building up in this segment of the market as investors and first-home buyers return in droves.
- Nila Sweeney
- Exclusive
- Luxury property
Cotton On CFO lists Melbourne mansion with a contemporary twist
Cotton On CFO Michael Hardwick and his wife Diana have put their Melbourne mansion on the market guiding up to $13.75m after a major renovation.
- Bonnie Campbell
- Exclusive
- Luxury property
Investors Mutual CEO sells designer Sydney mansion for $23m
Damon Hambly and designer Philippa Haydon bought the Bellevue Hill property for just $3.7 million in 2010 and turned it into a trophy home.
- Bonnie Campbell
Pace of house price growth to cool as risks emerge
House prices have recouped the interest rate-induced losses in the past two years and are poised to hit record highs this year, but downside risks are gathering pace, according to experts.
- Nila Sweeney
Landlords offered $5000 lure for housing fix
Amid a surge in Perth property prices, the WA government will give owners of vacant homes $5000 if they make them available for long-term renters.
- Tom Rabe
Victoria adds $700m to home buyer scheme – and calls time on it
There were minimal housing policies in the Victorian budget, but the state government is hopeful of a pick-up in sales next year to boost its finances.
- Updated
- Michael Bleby
Victoria has become a poor state: economist Saul Eslake
The southern state’s high dependence on property and population growth has a fallout felt beyond its borders.
- Michael Bleby