Yesterday
Deceased estate sells for $7.8m as buyers set to gain spring advantage
Cautious buyers disappointed by delayed rate cuts, cooling migration numbers and incoming spring stock will keep a lid on clearance rates, experts predict.
- Bonnie Campbell
- Exclusive
- Luxury property
Health-focused Toorak mansion hits market with $40m plus hopes
Complete with air and water purification systems, the contemporary mansion has taken Melbourne’s most expensive suburb to another level.
- Bonnie Campbell
This Month
- Exclusive
- Luxury property
Historic Keba set to smash Sydney’s inner west record with $27m guide
The harbourside abode is one of the grandest historic homes on a coveted street in Birchgrove.
- Bonnie Campbell
- Exclusive
- Luxury property
$40m-plus Northbridge waterfront eyes north shore record
The sprawling home on 3434 square metres, the suburb’s largest waterfront estate, last traded for $21 million in 2017.
- Bonnie Campbell
Creditors bankrupt former PE Capital director
Disgruntled creditors of PE Capital Funds Management have directed their anger at former Melbourne developer Martyn Barnes for his role at the collapsed asset manager. And on Wednesday, they got their man.
- Max Mason
New agents want $90m Crown penthouse sold ‘this side of Christmas’
Two new agents are set to take the reins of Crown’s discounted $90 million penthouse after four years on the market.
- Bonnie Campbell
- Exclusive
- Luxury property
Vacant Vaucluse mansion asking $30m
In Sydney’s Vaucluse, an 1890s manor, sitting on more than 2000 square metres, has hit the market guiding $30 million.
- Updated
- Bonnie Campbell
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
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
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
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
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
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
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
The millions being made in flipping luxury homes
Four out of the top 10 most expensive houses sold last year were held for less than five years.
- Nila Sweeney
Sydney house prices at a record high but growth slows
Brisbane, Perth and Melbourne are poised to hit new milestones in the next six to 12 months but prices in Sydney and Adelaide are likely to moderate.
- Nila Sweeney
Why Melbourne could beat other cities in the next housing upturn
Melbourne’s prolonged downturn is priming the city for a strong rebound when interest rates fall, experts say.
- Nila Sweeney
‘Death clause’ triggers an extra $1.2m for vendor
“You’re not legally allowed to ask for a price reduction just because someone dies,” said the agent. But one buyer did – and then pulled out of the sale.
- Michael Bleby
