This Month
How this Brisbane couple added a sea change to their downsizing
Susie and Glenn Molloy wanted to live close to the water after one of their parents passed away, so they moved to a duplex near Port Stephens in NSW.
- Campbell Kwan
- Opinion
- Smart Investor
The maths justifying rentvesting has changed. Here are the numbers
It’s a popular strategy for building wealth but how does rentvesting stack up after 13 rate rises?
- Kelly Kennedy
Share of $1m suburbs blows out in Perth, Adelaide, Brisbane
The share of suburbs across Australia with a median house price of more than $1million is poised to surge in the next six months.
- Nila Sweeney
The most expensive house sales outside Sydney
Recent sales of premium homes in top regional areas could challenge Sydney’s status as the country’s most expensive housing market.
- Nila Sweeney
Surf Dive ‘n’ Ski founder lists neighbouring period buildings for $30m
Fadil Sadikay is selling the South Yarra apartments with a permit to turn them into a luxury development.
- Larry Schlesinger
Stable cash rate not enough to boost home buyer demand: analysts
The uncertainty over potential rate cuts will weigh on buyer demand and slow price growth in Sydney and Melbourne, experts say.
- Nila Sweeney
Developer Guy Nelson puts Melbourne period mansion on the market
The grand Victorian home on Sorrett Avenue in Malvern is being sold by the former Macquarie Group real estate boss and founder of developer Alpha Partners.
- Larry Schlesinger
Melbourne developers offer big rebates as unsold lots surge
Discounts of up to $35,000 are available and low deposits are being accepted as unsold stock rises to almost 3000 lots.
- Larry Schlesinger
Australia’s 10 most expensive homes are all in one location
Wealthy home buyers splurged nearly a quarter of a billion dollars snapping up the country’s priciest mansions – in Sydney’s eastern suburbs.
- Nila Sweeney
Rate reprieve fails to ignite auction markets
Preliminary auction clearance rates slumped across Sydney as home buyers remained cautious and terrified to commit, amid still high mortgage and holding costs, experts say.
- Nila Sweeney
Investor borrowing picks up to a two-year high
Vacancy rates have risen and rent growth is slowing, but Australia’s tight housing market is attracting investors, especially as confidence about interest rates grows.
- Michael Bleby
Unit prices rising faster than houses in 60pc of all suburbs
Units are predicted to continue to outperform houses in the foreseeable future, even as the gap in values widens.
- Nila Sweeney
San Francisco to ban rent-setting software amid gouging worry
The ban opens a new front in a long-running controversy over the role of software in setting rents as an affordability crisis worsens in many American cities.
- Rya Jetha
Two surprising cities to pass Melbourne home values within a month
The shift in the ranks comes as prices continue to increase sharply across Adelaide, Perth and Brisbane, while Victoria’s capital and Sydney weaken.
- Nila Sweeney
July
Rich Lister’s $6b plan for 10,000 homes at master-planned city
The Costa Family Office is the majority investor in a 909ha site near Murray Bridge that will be developed into a $6 billion project with almost 10,000 homes.
- Larry Schlesinger
Brisbane’s property price hot streak may be about to end
Brisbane’s rapid pace of growth has likely peaked but Perth prices are still “shooting the lights out”, experts say.
- Nila Sweeney
Melbourne penthouse prices tipped to double as demand surges
Project marketers and valuers have tipped the average price of a Melbourne penthouse to double to $60,000 per square metre in the next few years.
- Updated
- Larry Schlesinger
‘Risks elevated’: APRA holds banks’ mortgage rate buffer at 3pc
APRA said an uncertain economy, geopolitical instability, high household debt and inflation remain key risks for banks, compelling it to keep the loan buffer intact.
- Updated
- James Eyers and Jonathan Shapiro
NSW’s eviction rules will trigger landlord ‘exodus’
The NSW government’s proposed ban on evicting tenants without reasonable grounds will spark landlords’ exodus and deprive the state of billions of dollars in investments in the rental sector, property investors warn.
- Nila Sweeney
Trend-setting Toorak mansion for sale for the first time in 70 years
Ballara was one of the first Toorak homes to be built in the simpler California bungalow style that soon spread across suburban Melbourne.
- Larry Schlesinger
