Today
Turramurra home sold for $4.6m despite weaker winter market
The national auction market is losing steam ahead of the spring selling season, with buyer demand waning as expectations of a rate cut this year fizzle.
- 24 mins ago
- Nick Lenaghan
This Month
- Exclusive
- Luxury property
Society couple settle on $20m Bellevue Hill home
Anabel and Andrew de Saxe have settled on their six-bedroom, four-bathroom mansion, following a string of hefty sales linked to their extended family.
- Bonnie Campbell
Fight over Baby Boomer housing takes toll on developer
The Melbourne-based developer and landlord faces the twin battles of a slowing market and criticism of a fee structure that other companies do not use.
- Michael Bleby
- Exclusive
- Luxury property
Son of late British billionaire sells $12m Melbourne penthouse
Businessman Mark Healey has offloaded his Toorak penthouse, while packaging executive Alex Commins has downsized to South Yarra.
- Bonnie Campbell
- Exclusive
- Luxury property
Luxury homes now ‘critical asset’ for Australia’s wealthy
The number of house sales over $5 million has rocketed since 2019, with a new report saying prestige property is key to long-term wealth creation.
- Bonnie Campbell
Tenerife waiters forced to live in tents amid tourist-driven property boom
Low-paid service workers who are vital to the tourism industry are being squeezed out of the market because of the boom in holiday rentals.
- James Badcock
Apartment starts fall to 11-year low
Industry groups say the extra costs of construction union agreements compound rising materials and financing costs to make housing projects unprofitable.
- Michael Bleby
The suburbs turning into buyers’ markets as listings pile up
The sharp increase in inventory levels is creating favourable conditions for buyers, experts say.
- Nila Sweeney
Barrenjoey partner swaps Bondi federation mansion for Double Bay villa
After selling their Bondi home to designer Camilla Franks, Barrenjoey Capital founding partner Ben Scott and wife Pensiri have bought in Double Bay.
- Bonnie Campbell
The city that is still relatively affordable to buy a house
Rapid house price increases in the past year has sparked a sharp decline in the proportion of affordable house markets across Perth, Brisbane and Adelaide.
- Nila Sweeney
Build-to-rent starts tumble as high costs take a toll
But by the end of the decade, build-to-rent housing could hit its next growth spurt, accounting for nearly 20 per cent of apartment starts.
- Nick Lenaghan
Rich Americans flex-working on French Riviera fuel property boom
International buyers want long-term investments in sunny wealth hubs such as the French Riviera, Dubai and Miami, where they can live for long periods each year.
- Damian Shepherd
First home buy costs $1.28 million – and 858km
Affordability is pushing rookie property purchasers to look more widely than before. But they’re often also older, and have more money to spend.
- Michael Bleby
- Exclusive
- Property survey
High costs choke supply of new homes: property experts
The cost of construction in capital cities has risen at a faster clip than house price growth, making it less economical to build new dwellings.
- Nick Lenaghan
Downsizers pay $130,000 above reserve for villa as auctions slow
SQM research director Louis Christopher said the low auction volumes indicated housing prices could to dip up to 4 per cent during the second half of this year.
- Campbell Kwan
- Exclusive
- Luxury property
High-profile pair’s luxury farmhouse hits Southern Highlands market
Eastern suburbs couple Sanchia Brahimi and Paul Smith have listed their Berrima weekender, while the Golman family are selling a trophy estate in Bowral.
- Bonnie Campbell
Why this segment of the housing market is struggling
Despite the overall increase in Sydney’s home values, pockets of weakness are emerging in higher-end markets and starting to spread.
- Nila Sweeney
Did King Charles really buy a $9m New York condo?
It wouldn’t be the first time that a suggestive name on a deed led to unfounded reports that a royal had bought a piece of Manhattan real estate.
- Rukmini Callimachi and Vivian Marino
- Exclusive
- Luxury property
Stock picker tipped to be buyer of $24m Darling Point unit
As the trophy market enters the winter doldrums, Potentia Capital’s Andy Gray and his wife Emma have quietly sold their Darling Point mega apartment.
- Bonnie Campbell
- Exclusive
- Luxury property
Jesinta Franklin on selling ‘life-changing’ Gold Coast hinterland home
Jesinta and Buddy Franklin are selling their luxury Gold Coast hinterland mansion Villa Casa as they plan to build a luxury farm.
- Bonnie Campbell
