Latest
Airbnb boom hits a wall as landlords slash prices to lure tourists
A broad backlash from residents and resurgent interest in hotels has made life more difficult for property owners, forcing rates down in many popular areas.
- Larry Schlesinger
Lendlease, Warburg Pincus in $1.8b life sciences buy
As it goes through a messy turnaround, Lendlease needs to convince investors it is on the right track. This deal aims to do that.
- Michael Bleby
- Exclusive
- Hotels
Accor hotel brand to debut in Melbourne match factory
The former Redheads match factory in Melbourne’s Cremorne will be repurposed into the country’s first Hoxton designer hotel by developer Alfasi.
- Larry Schlesinger
Construction insolvencies come racing out of the blocks in FY25
It’s not clear when the pressures pushing builders over in numbers disproportionate to the size of the sector will ease.
- Michael Bleby
Number of homes for sale soar ahead of spring
Fresh listings are surging in some of the more expensive housing markets in Sydney and Melbourne as sellers rush to beat the competition.
- Nila Sweeney
‘Play the living sector’: MS, Barrenjoey target buyers for $3.5b Aveo
Street Talk understands the sale process is expected to kick off in the fourth quarter of 2024 with a value exceeding $3.5 billion sought.
- Sarah Thompson, Kanika Sood and Emma Rapaport
How it Sold
Couple buys $1.8m home – and still ends up sharing with parents
Many multi-generational families want to live close to each other. But worsening affordability has reduced spending power – and that’s changing housing design.
- Michael Bleby
The $1m apartment downsizers wouldn’t touch
It had stairs – lots of stairs – faced south and needed a ton of work. But first home buyers fought hard for it.
- Michael Bleby
Luxury Property
London’s luxury-home market looks to rich Americans to save it
Agents looking to sell the city’s priciest homes are increasingly seeing US buyers as their best hope for reviving a market hurt by tougher taxes on the rich.
- Damian Shepherd
Dubai booms with an influx of anxious wealth
The desert sheikdom’s economy is buzzing with tourism and construction as it positions itself as a safe haven in a region that’s resting on a knife’s edge.
- Michel Wakin
Yesterday
London’s luxury-home market looks to rich Americans to save it
Agents looking to sell the city’s priciest homes are increasingly seeing US buyers as their best hope for reviving a market hurt by tougher taxes on the rich.
- Damian Shepherd
This Month
Australia has a ‘thousand levers’ to pull to increase new home supply
Governments must create an environment that makes it easier to add more housing, including bringing in more skilled tradies, says Mirvac’s development head.
- Michael Bleby
What home buyers want, according to search results
Home buyers’ priorities are shifting as cost-of-living considerations rise, making some lifestyle features less desirable.
- Nila Sweeney
Dubai booms with an influx of anxious wealth
The desert sheikdom’s economy is buzzing with tourism and construction as it positions itself as a safe haven in a region that’s resting on a knife’s edge.
- Michel Wakin
Couple buys $1.8m home – and still ends up sharing with parents
Many multi-generational families want to live close to each other. But worsening affordability has reduced spending power – and that’s changing housing design.
- Michael Bleby
The great divide: top tenants retreat to CBD cores
Weaker demand for office space and the rise of remote work are creating a race for high-amenity workplaces in CBD cores. Older, fringe buildings are losing out.
- Nick Lenaghan
Auction clearances hold steady ahead of spring flood
As the volume of auctions rises through spring, clearance rates are expected to fall in Sydney and Melbourne, putting pressure on prices.
- Nick Lenaghan and Michael Bleby
Developers turn to micro apartments to fix housing crisis
Well-designed apartments smaller than 32 square metres can be rented out to singles and couples at rates below the market.
- Larry Schlesinger
- Exclusive
- Luxury property
Paul Holmes à Court sells two Perth homes for $24m
Winemaker and cattle baron Paul Holmes à Court and wife Zara have sold their second home in Perth’s salubrious Peppermint Grove for $14.5m.
- Bonnie Campbell
Swedish pension fund looking to offload $50m of WA farms
Forsta AP-fonden, which manages $68 billion of assets, is downsizing its Australian farmland holdings by selling its WA cropping farms.
- Larry Schlesinger
Kinselas and The Courthouse on the edge amid $61m sale stoush
A fight between a high-flying pub investor and an investment bank has put the future of Sydney’s most iconic pubs under a cloud.
- Max Mason
How this lifestyle queen sealed an $80m house deal
The outgoing owner of iconic eastern suburbs mansion Alcooringa, Stephanie Conley Buhre, reveals how the landmark property’s sale came about.
- Bonnie Campbell
- Exclusive
- Off-the-plan market
NRL superstar tackles developer over off-the-plan homes letdown
Tom Trbojevic, known as Tommy Turbo, said he was devastated that his parents were now priced out of their dream home because of a loophole in conveyancing laws.
- Campbell Kwan
- Exclusive
- Luxury property
Woollahra’s $19.5m fairytale mansion quietly joins spring prestige market
One of the suburb’s prettiest homes, Roslyndale, is up for sale as a handful of hefty listings are set to test the spring market.
- Bonnie Campbell
How Sydney Metro’s architects made train stations people actually like
The “cathedrals of the 21st century” have united Sydney’s tastemakers and commuters, who marvelled at their new Metro line this week.
- Michael Bleby and Campbell Kwan
- Exclusive
- Luxury property
MaxCap boss relists landmark Prahran mansion with $1m discount
The non-bank lender’s co-founder Wayne Lasky and his wife Tam have listed their landmark Melbourne estate for the second time.
- Bonnie Campbell
‘The phone is ringing off the hook’: investors head to property
Deposit rate cuts and signs the rate cycle has peaked are prompting investors to look beyond cash to high-yielding opportunities, says Centuria CEO.
- Nick Lenaghan
- Exclusive
- Retail property
Dexus to offload Townsville mall for more than $200m
The looming sale of the Willows Shopping Centre comes amid a noticeable pick-up in deal activity, including from ASX-listed Scentre and Vicinity.
- Larry Schlesinger
Iconic Bondi pub with lucrative licence sells for $75m
The Tea Gardens Hotel was purchased by John and Sally Ryan, who operate other Sydney venues Ryan’s Bar on George Street and the Paragon Hotel at Circular Quay.
- Larry Schlesinger
Stockland overshoots own housing predictions as settlements jump
Just four months after taming its own settlement guidance in April, the diversified developer has reported a stronger housing picture.
- Michael Bleby
