Latest
NRMA snaps up Yamba holiday park for more than $40m
The association will add the Blue Dolphin Holiday Resort in Yamba to a tourism portfolio that includes Cradle Mountain Hotel and Freycinet Lodge in Tasmania
- 1 hr ago
- Larry Schlesinger
Not a home office: cafe finds coffee and laptops don’t blend well
The same reasons that drove19th-century writers from their garrets have led office workers to colonise café tables.
- Jane Shilling
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
- Exclusive
- Property development
Developer Avid flags $1.4b land lease housing play
The privately owned developer that acquired Villa World in 2019 has expanded into the fast-growing land lease business. At scale.
- Michael Bleby
- Exclusive
- Property market
Lenders’ preference for luxury units a blow to housing supply hopes
Mortgage broker Stamford Capital is arranging construction finance for developments worth $5 billion. All of them are luxury apartment projects.
- Larry Schlesinger
How it Sold
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
The complicated $1.8m sale of a ‘gamble’ that didn’t pay off
A suburban family bought their neighbours’ house to give them a larger block, but when interest rates went up further something had to give.
- Michael Bleby
Luxury Property
- 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
- 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
Yesterday
Developers cash in as investors spend big on fast food and childcare
Nearly $50m was splashed by investors at a commercial property auction in Sydney, of which almost half was spent on fast food outlets on long leases.
- Larry Schlesinger
- 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
- Opinion
- Housing slump
Can $32 billion fix the housing crisis?
The Albanese government’s ambitious plan to boost housing supply might not make a difference before the next election. Is there a better solution?
- Robert Harley
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
For $490 million, last private land in Arctic archipelago can be yours
The massive tract of land could be an investment project for a high-net-worth individual looking to make an impact as an environmentalist.
- Sarah Rappaport
Demand for housing and sheds to drive Frasers forward
Frasers’ booming Australian residential and industrial businesses will help drive profits at the Singaporean giant, after they fell at the half-year stage.
- Larry Schlesinger
- Updated
- Tax disputes
Lendlease tax woes could trigger second profit downgrade
John Wylie’s Tanarra Capital is pushing for a seat on the Lendlease board, as the country’s largest property group faces the prospect of a damaging profit downgrade after tax officials handed it a $112 million bill.
- Updated
- Michael Bleby, John Kehoe and Aaron Weinman
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
House builders can’t compete with states’ cash splash
In the race for talent and materials in Australia’s construction game, housing has consistently run in second place to the infrastructure sector.
- Michael Bleby
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
Former QIC boss Damien Frawley puts Qld cattle station on the market
Damien Frawley, who is a director at Mirvac and chair of Hostplus, is the biggest shareholder of Blue Sky Beef which is selling Gowan Station.
- Larry Schlesinger
WA farmland boom to end as drier conditions prevail
Farmers in Australia’s wheat and sheep powerhouse state enjoyed a 32 per cent uplift in land values in 2023, but there will be no repeat performance of that in 2024.
- Larry Schlesinger
- Exclusive
- Construction
Gurner-Roberts merger plan sinks
A lack of “chemistry” between the two Rich List business leaders also hindered a merger of their development and construction businesses.
- Michael Bleby and Larry Schlesinger
- 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
