Latest
Auction rates crash as higher rates, Iran war takes toll on buyers
The proportion of real estate sold last weekend fell to its lowest level in 15 months amid fears the Middle East conflict will send interest rates soaring.
A $600 bathroom tap that saved over $30,000 in Double Bay
This 1990s apartment was good quality but dated. The new owners wanted to give the bathroom a makeover but not an expensive one.
Woolies upsizes shopping mall offer into mega $500m deal
In one of the Woolworths’ biggest real estate deals yet, a buyer for one of its malls became the owner of 10 centres built already or being developed.
Pub boom rolls into Tamworth with $160m sale of five venues
In one of the highest prices achieved for a portfolio sale outside the capital cities, the venues in the NSW town have sold to family-run IMG Hotels Group.
Victoria, WA, ACT lead national home-building race
Housing construction times have sped up, but Australia will still miss its five-year target, a new federal government report shows.
Billionaire leans into longevity at Saint haven clubs
Property developer and wellness entrepreneur Tim Gurner is homing in on his super wealthy members and their desire for treatments claimed to lengthen life.
How it Sold
Rush to buy before rate rise pushes house $300k over guide
Buyers scurried to make offers on this family home, fearing they’d lose financing power after the Reserve Bank’s impending meeting.
Disclosing reserve boosted the price of this $750,500 unit
There’s a change coming that will force some vendors to show their hand before an auction. But one deal shows that’s not necessarily bad for them.
Luxury Property
Crypto guru digs deep to create Mosman’s ultimate wine cellar
Tobias Abbey’s lower north shore renovation has taken subterranean luxury to new heights with a bat cave-style wine cellar.
Ronan Keating and wife snap up $6m Sydney home with no car access
The Voice judge and his wife have paid about $6.3 million for an ocean-view Tamarama “treehouse” that can be reached only by foot.
Yesterday
Crypto guru digs deep to create Mosman’s ultimate wine cellar
Tobias Abbey’s lower north shore renovation has taken subterranean luxury to new heights with a bat cave-style wine cellar.
Ronan Keating and wife snap up $6m Sydney home with no car access
The Voice judge and his wife have paid about $6.3 million for an ocean-view Tamarama “treehouse” that can be reached only by foot.
This Month
United Petroleum co-founder lists his Mornington Peninsula pad
Billionaire Avi Silver, who co-founded United in 1981, is testing the Merricks North property market with a $6.95 million price guide for his mansion.
Film industry greats to sell iconic Palm Beach abode for $13.5m
Australian film producer David Elfick and his friend, British film great Jeremy Thomas are selling their beloved creative studio on Sydney’s northern beaches.
Luxury apartment prices jump by $125,000 as war sends build costs soaring
Rising energy costs are quickly making their way through the construction sector, posing a further threat to the feasibility of projects.
Swans legend sells once-derelict Paddington terrace for $8.35m
Swans Hall of Famer Lewis Roberts-Thomson and his wife Zoe Stenmark have sold their Paddington terrace within five days of listing.
Inside the bureaucratic chaos over the future of Merivale’s Club Rose Bay
Woollahra Council wants to shut down the billionaire’s beer garden, but says Paul Scully must make the decision on the site. “It’s your call.”
Australians eye near north for property diversification
Australian property investors are increasingly looking offshore as affordability pressures and tighter borrowing conditions reshape how portfolios are built.
Sponsored
by Kinnara Capital
Offshore investors favour Australian market
Australia’s commercial property market is entering a more selective phase as investors reassess risk following the sharp rise in global interest rates.
Sponsored
by Centuria Capital Group
Relegation day: Lendlease dropped from ASX 100
The company that once dominated Australian construction and development has yet to recover from a decline that started more than two decades ago.
What this Sydney silk learnt behind the bar (of his own pub)
It was serendipity that a budding Sydney barrister purchased a venue called the Courthouse Hotel nearly 40 years ago. Now, Brian Dooley is calling time.
‘Big Boss’ John Symond sighting in Monaco
The founder of Aussie Home Loans was nearly missed in an Instagram compilation of Monaco’s rich and beautiful.
RBA governor bought $2m holiday home on day of rate rise
Michele Bullock has added a third investment property to her portfolio after settling on a luxurious holiday home in NSW’s Northern Rivers region.
Rush to buy before rate rise pushes house $300k over guide
Buyers scurried to make offers on this family home, fearing they’d lose financing power after the Reserve Bank’s impending meeting.
Home price growth flattens as buyers diminish, sellers rush market
Uncertainty stemming from the Middle East war is reducing home buyer numbers as vendors rush to sell and real estate agents warn of higher construction costs.
Fashion queen pays $9.2m to join Liam Hemsworth on Byron hillside
The creative force behind women’s label Dissh has added to her prestige property portfolio with a lush acreage in the Byron hinterland.
Melbourne homes rate long-term for investors, just not right now
Victoria’s property taxes are the nation’s highest, but industry players believe the capital city’s low prices could be a boon for investors not focused on the short term.
Why older Australians are becoming a housing pain point
New data shows there is another generation starting to feel the pinch from higher mortgage rates. And it’s not who you think.
More than 20pc of Sydney homes sell without appearing online
Thousands of dwellings have changed hands privately without appearing on real estate portals Domain or realestate.com.au, avoiding costly listing fees.
Lender circles Clayton Larcombe’s $40m Bellevue Hill estate
The venture capitalist and his wife’s high-profile mansion listing has turned into a mortgagee-in-possession sale, as their Bowral mansion is pulled from the market.
