This Month
The next capital city at risk of house prices falling
Weaker demand and substantial increase in available stock for sale could push prices lower in this city before rates fall, experts say.
- Nila Sweeney
- Exclusive
- Victoria residential property
Luxury apartment in Gurner complex offered at $1.3m discount
The Saint Moritz development, popular with Melbourne’s elite, boasts a 25-metre pool and a bar. But it has also been the subject of complaints about defects.
- Primrose Riordan and Campbell Kwan
Home lot sales are increasing – in the cheaper cities
Soaring land prices are prompting a structural shift in housing away from the country’s largest cities.
- Michael Bleby
Mother-daughter duo spend $17m on two off-the-plan Toorak apartments
Wealthier buyers are snapping up luxury apartments in good locations, with this project in Melbourne’s most prestigious suburb now close to selling out.
- Larry Schlesinger
Home listings pile up in Sydney and Melbourne amid falling prices
The build up of stock levels was partly fuelled by properties that failed to sell late last year as well as a potential rise in motivated sellers.
- Nila Sweeney
Victoria loses 20,000 rental properties in 18 months
Investors selling in the short term is not likely to impact rents, but a longer-term reduction in the state’s available stock could.
- Michael Bleby and Campbell Kwan
Los Angeles pushes to rebuild homes fast, despite wildfire danger
Even climate-conscious California is willing to forgo some green rules to enable its large-scale recovery. But experts warn of the need for wildfire defences.
- Todd Woody, Eliyahu Kamisher and Michelle Ma
- Sponsored
- Fleetwood
Modular homes can shelter us from housing’s perfect storm
There are few alternatives that can deliver housing as fast, or as cheaply, as going modular.
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by Fleetwood
The suburbs where renters saved $800 in three months
A sharp decline in asking rents has turned a string of inner Sydney and Melbourne suburbs into tenants’ markets.
- Nila Sweeney
The suburbs where home buyers want a tennis court above all else
Property searches for homes with tennis courts climbed sharply last year, but they are harder to find.
- Nila Sweeney
- Exclusive
- Luxury property
ResMed exec splashes $24m on Westfield heirs’ mansion
Justin Leong has taken the keys to the Bellevue Hill mansion sold by the daughters of late Westfield co-founder John Saunders.
- Bonnie Campbell
- Exclusive
- Luxury property
Childcare entrepreneur adds $22.5m Noosa waterfront to luxury cache
Brendan McAssey and his wife Elizabeth Ong have expanded their portfolio of luxury homes with a $23m Noosa riverfront mansion.
- Bonnie Campbell
- Exclusive
- Luxury property
Music pioneer smashes Bangalow record with $15m luxury farm purchase
Industry entrepreneur Tom Misner has returned to the Byron Bay hinterland picking up the sprawling 12-hectare retreat, Rockpool Farm.
- Bonnie Campbell
Real estate vultures eye middle-class enclave of ravaged LA
Los Angeles has already gone through waves of gentrification. The fires could push residents grappling with an affordability crisis to the brink.
- Michelle Ma, Jennifer Epstein and Kelsey Butler
Sydney’s six-year high in listings points to weak autumn market
The tide has changed for choice and buyers in the country’s largest city have the upper hand – at least, until rates fall.
- Michael Bleby
Proptech Coposit’s capital raising upsized to $14 million
The round follows three years of bootstrapped growth by property developer brothers Chris and Dan Ferris and marks the first time Coposit has taken institutional-level external funds.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Luxury property
Lawyer John Landerer lists $23m Vaucluse mansion with hard-won DA
Purchased from the Fairfax publishing family in 2022, the home of prominent commercial lawyer John Landerer has returned to market guiding $23 million.
- Bonnie Campbell
Bidding war looms for home builder AVJennings
Singaporean group Ho Bee Land has trumped a bid by Propium Capital Partners.
- Larry Schlesinger
Why some Londoners pay more to park than their neighbours
A string of UK local authorities have begun imposing emissions-based parking schemes in the name of net zero, but critics say they’re just to raise revenue.
- Matt Oliver
Luxury home taken off market after catastrophic landslide
A local agent has been forced to pull a luxury home on Victoria’s Mornington Peninsula from the market after it was damaged by a house that collapsed in a landslide.
- Larry Schlesinger and Patrick Durkin
Why housing economists got it wrong on Perth, Melbourne prices
Some of the country’s top economists missed the boom in Perth house prices in 2024, and almost no one expected Melbourne values to fall.
- Larry Schlesinger
- Exclusive
- Victoria residential property
Alex Waislitz and Tim Gurner feud over luxury St Kilda tower
The wealthy businessmen are at loggerheads over problems at the Saint Moritz development. Mr Waislitz says Mr Gurner is trying to silence residents.
- Primrose Riordan and Sarah Thompson
- Exclusive
- Luxury property
Noosa record set as Metricon family buys designer hinterland home
Metricon’s Ross Palazzesi and his wife Jennifer have reset Noosa’s hinterland record, paying $11.2 million for a designer mansion in Doonan.
- Bonnie Campbell
- Exclusive
- Luxury property
Famed gardener Jack Merlo buys Myer family’s $20m Toorak home
It is the latest in a string of significant properties linked to the renowned landscape architect and his husband, Ricardo.
- Bonnie Campbell
- Exclusive
- Luxury property
Virgin CEO Jayne Hrdlicka lands on $17m Noosa holiday home
The business heavyweight, who also chairs Tennis Australia, has paid $16.9 million for a slice of Queensland’s famed Little Cove.
- Bonnie Campbell