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Bus off! Charlie Buxton goes NIMBY for tennis court
No historic property is complete without renovations. Or, if necessary, attempts to redirect a bus route so it doesn’t go past one’s tennis court.
- Updated
- Myriam Robin
Rich Lister’s war on Dexus vanishes its competition policy
Amid Seymour Group’s volleys, Dexus has quietly deleted its competition policy from its website.
- Myriam Robin
Strathfield mansion beats guide by $500k as auctions rebound
Auction clearance rates have returned to form after the long weekend lull, but long-term price growth is cooling.
- Bonnie Campbell
- Opinion
- Governance
Five lessons from the Lendlease debacle
Lendlease was globally recognised for engineering excellence, its ability to build thriving community spaces, and its nurturing of many leading CEOs. Its diminution is instructive as well.
- Tony Boyd
- Exclusive
- Industrial
More cold sheds needed to supply veg and meds
Australia will have to ramp up its construction of cold storage sheds to service the food supply needs of our booming population, says CBRE.
- Larry Schlesinger
German billionaire bags $17m cattle farm, Chinese tycoon into cotton
Cathrina Claas-Muehlhaeuser has bought Tuwinga in the NSW Liverpool plains, while investor Jacky Cheung has emerged as the buyer of a big NSW cotton farm.
- Larry Schlesinger
How it Sold
Downsizers from $1.9m house get help from agent to buy next home
In a low-stock market, some vendors are getting extra assistance – from their sales agent – to purchase their next home.
- Michael Bleby
Downsizers who ‘weren’t looking’ buy $3.6m home
Competition for smaller homes in established suburbs like Claremont is so intense that many downsizers plan to build anew. But if they see something suitable, they jump at it.
- Michael Bleby
Luxury Property
- Exclusive
- Luxury property
Brighton mansion built by billionaire Larry Kestelman sells for $16m
The bayside suburb clocked its highest sale price so far this year after Rob and Melita Chaloner’s mansion sold.
- Bonnie Campbell
$12m sale reveals how Steel City turned to property gold
While it will never compete with Sydney prices, regional hub Newcastle has shed its industrial origins to become a coveted prestige market.
- Updated
- Bonnie Campbell
More From Today
- Exclusive
- Luxury property
Brighton mansion built by billionaire Larry Kestelman sells for $16m
The bayside suburb clocked its highest sale price so far this year after Rob and Melita Chaloner’s mansion sold.
- Bonnie Campbell
Yesterday
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Home ownership is this Labor treasurer’s great middle-class goal
NSW Treasurer Daniel Mookhey, who hands down his second budget on Tuesday, says building wealth and financial security through home ownership must be a core objective of the modern Labor Party.
- John Kehoe
This Month
$12m sale reveals how Steel City turned to property gold
While it will never compete with Sydney prices, regional hub Newcastle has shed its industrial origins to become a coveted prestige market.
- Updated
- Bonnie Campbell
Why this top 100 CEO goes undercover shopping
Melbourne’s Chadstone shopping centre showcases the very latest in fashion. It’s also a test case for how the big mall owners manage their vast real estate.
- Nick Lenaghan
- Exclusive
- Luxury property
Snack queen buys Rich List garbo’s $25m beach weekender
Snack food wholesaler Lenka Dransfield has paid $25 million for one of three Palm Beach waterfront properties owned by Rich Lister garbo Ian Malouf.
- Bonnie Campbell
‘Impossibly unaffordable’ housing a social risk: report
The level of housing price relative to incomes poses an “existential” risk and demands a rethink of urban growth boundaries, a new global report says.
- Michael Bleby
Chris Minns wants Sydney to feel like Brooklyn
To encourage an urban renaissance, the NSW premier has a message for the city’s property developers: build, build, build.
- Aaron Patrick
Insurance for new Victorian home builds to jump by 65pc
The Greens-controlled council is one step closer to imposing different rates for landlords and owner-occupiers after passing a motion on Wednesday night.
- Updated
- Gus McCubbing
- Exclusive
- Property market
Ray White founders seek investors for $1b lending bonanza
The White family is seeking to raise $400 million for its second credit fund, which will provide loans to developers. It has already lined up $841 million of deals.
- Larry Schlesinger
- Opinion
- Property Observed
‘Eyes wide open’: How to ride the private credit boom
Private credit for commercial real estate has never been stronger. It’s also running into trouble. “All of us need to be eyes wide open and alert. It is real estate and it is credit. Let’s not misprice the risks.”
- Robert Harley
Sellers jack up house prices as values surge to record highs
Supply is driving rises in some areas, but in some suburbs, asking prices rose at the same time as listings went above the decade average.
- Nila Sweeney
- Exclusive
- Luxury property
Restaurant titans behind Cumulus, Gimlet buy modernist Toorak retreat
Legendary Melbourne chef-restaurateur Andrew McConnell and his photographer wife Jo McGann have purchased a striking modernist home in Melbourne’s Toorak.
- Bonnie Campbell
- Exclusive
- Luxury property
Former KPMG exec to sell Gold Coast mansion ‘crafted for indulgence’
One of the area’s most lavish waterfront properties has hit the market, complete with a man cave, jetty and cinema, and expectations above $15 million.
- Bonnie Campbell
Elizabeth Bay residents fight developer for more – not less – density
Fortis’ $214 million project in a Sydney inner harbourside suburb has put it at odds with city authorities and locals opposing more gentrification.
- Michael Bleby
Restaurateur Chris Lucas to bring midas touch to $1b Cbus office tower
The property group is collaborating with the Melbourne restaurant king on the design of the hospitality precinct below its $1billion office tower at 435 Bourke St.
- Larry Schlesinger
Westpac reins in house price growth forecasts for Sydney, Melbourne
Westpac lowered its house price expectations for Sydney and Melbourne due to worsening affordability and increased listings.
- Nila Sweeney
Ultra-wealthy are betting on San Francisco’s comeback
Forget the gloomy forecasts of a doom loop. Powered by an AI boom and rebounding real estate demand, the city has halted population decline and is adding jobs.
- Karen Breslau and John Gittelsohn
This council is mulling doubling rates for landlords
A Greens-led Melbourne council is mulling charging landlords rates four times higher than owner-occupiers to help more first home buyers into the market.
- Gus McCubbing
Yours for just $30k. Expats hunt homes in rural Japan
Millions of abandoned homes dot Japan’s countryside, the result of an ageing population and declining rural economy. They are being sold at rock-bottom prices.
- Noah Eastwood
