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    Property

    Residential

    Today

    Home buyers pay up to 53pc more for a ‘green’ home

    Properties with eco-friendly attributes such as solar and double glazing are selling faster for more, according to Domain.

    • Nila Sweeney

    Yesterday

    Perth is the only market keeping up with  housing demand, according to the UDIA  index.

    Housing supply falls below demand in all states but WA

    The Urban Development Institute’s new Housing Index shows supply is falling further behind demand, especially in NSW and Victoria. Only WA is performing well.

    • Larry Schlesinger
    All penthouses in Orchard Piper’s Toorak Village have been sold to locals.

    Locals ‘you would know’ spend $23m on off-the-plan Toorak penthouses

    The sale of the two sub-penthouses in Orchard Piper’s Toorak Village project achieved record rates of $38,000 per square metre.

    • Larry Schlesinger

    CBA to accept $10k deposits to speed up off-the-plan construction

    Commonwealth Bank will allow $10,000 deposits to be viewed as 10 per cent deposits on certain projects to make it easier for developers to get construction financing.

    • Campbell Kwan

    This Month

    Meet the Montreal mayor who declared war on SUVs

    The ongoing expansion of vehicle size is causing consternation in North America. More than four out of every five new cars sold there is either an SUV or a pickup truck.

    • David Zipper
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    House prices in some suburbs on Sydney’s upper north shore rebounded sharply in the past three months.

    The top suburbs where home values have bounced out of decline

    House prices in some top-end suburbs have bounced back from falls in the previous quarter as demand rises amid lack of stock.

    • Nila Sweeney

    Old guard of US beachfront revolts over first new luxury condos in decades

    What’s at stake is a contest to unlock prime waterfront land for extravagant buildings for wealthy newcomers from the US Northeast, Midwest and California.

    • Anna J Kaiser

    Regional housing values gather steam

    Persistent demand for homes in regional areas with lifestyle advantages and affordable price points sparked a re-acceleration in price growth in the past three months.

    • Nila Sweeney
    Premium properties are being hotly contested in Sydney’s inner west.

    Glebe bungalow leapfrogs guide by $1.2m as clearance rates soften

    While competition for premium properties remains strong, on-the-fence buyers are stepping back as hopes of a looming rate cut fade.

    • Bonnie Campbell

    Surgeon hopes to double suburb record with $18m waterfront castle

    On Sydney’s Lower North Shore, a regal waterside property has joined the market guiding $18 million.

    • Bonnie Campbell

    Adam Flaskas to sell luxury Brisbane ‘sky home’ before Manly move

    The developer and his fiancee have put their five-bedroom penthouse on the market ahead of a southern relocation.

    • Bonnie Campbell
    The five-bedroom property features a pool with mosaic details and harbour views.

    Laser Clinics co-founder Babak Moini to sell Mosman super pad

    The cosmetic industry entrepreneur has listed his striking mansion on Mosman’s exclusive Balmoral Slopes with a guide of $17.5 million.

    • Bonnie Campbell

    Ex Pendal CEO to sell $18m harbour mansion with trophy boatshed

    Emilio Gonzalez and his wife, Nicola, have called time on their Cremorne harbourside address, offering it to prestige shoppers.

    • Bonnie Campbell
     A pool of outer-ring suburbs such as Somers in Victoria are among the newly minted top-end housing market after posting strong price growth since the onset of the pandemic, according to CoreLogic.

    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
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    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
    Import, yes, but also build local skills: Matt Haines on site in Lake Macquarie, NSW.

    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

    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
    The golf course could support a $1 billion housing estate.

    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
    The home at 21 Coventry Lane in NSW Central Coast’s Hamlyn Terrace sold at auction for $780,000, $50,000 more than the identical neighbouring property sold for in November.

    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