Today
Rising rates won’t hit home building in WA or Victoria, ABN Group says
Perth’s undersupply of housing relative to demand is so great that prices will keep rising “substantially”, the country’s second-largest home builder says.
- Michael Bleby
- Opinion
- Flat Chat
How to check if your apartment developer is telling fibs
NSW Building Commissioner David Chandler’s ratings are so valuable that some companies are falsely saying they’ve got them when they haven’t even been tested.
- Jimmy Thomson
Rising listings, poor affordability slash house price growth
The rate fell by a third to 1.9 per cent across the combined capital cities during the September quarter, a new report from Domain shows.
- Nila Sweeney
NRMA to offer home loans funded by Bendigo Bank
Like Qantas, the IAG-owned insurer will distribute mortgages to its customers via an origination platform created by fintech Tic:Toc, funded by Bendigo Bank.
- James Eyers
Yesterday
Apartment rents set to rise by 30pc, says CBRE
An undersupply of apartments relative to demand will drive rental spikes of more than 30 per cent in many suburbs over the next five years, according to CBRE.
- Larry Schlesinger
This Month
Music promoter’s $25m riverside Toorak mansion hits the market
Richie McNeill spent millions building a multilevel home overlooking the Yarra and then got into a legal fight with the architect.
- Larry Schlesinger
Sydney, Brisbane, Perth house prices to rise 12pc this year
The rosier prediction comes as expectations for a wider housing market recovery over the next few years strengthen.
- Updated
- Nila Sweeney
Where to find the cheapest properties to rent near the CBDs
These are the suburbs where tenants can still rent a house for under $500 a week and units for less than $400.
- Nila Sweeney
This $3.8m sale shows the pressures on downsizers
In a low-stock market, vendors want longer settlements. But the rising cost of living means they’re also putting more money into super when they sell.
- Michael Bleby
Where property demand is set to soar
Australia’s population tipped to boom by more than 7.4 million over the next two decades, sending demand for dwellings soaring.
- Nila Sweeney
Defaulting Country Garden sells huge Melbourne estate to Frasers
China’s biggest private developer offloads Windermere estate in Melbourne to Frasers for around $250 million as the company moves closer to leaving Australia.
- Larry Schlesinger
The suburbs handing landlords 17pc capital gain and $20k cash flow
Rentals that are earning enough to cover the interest repayments can still be found in more than 80 suburbs nationwide, data from CoreLogic shows.
- Nila Sweeney
These twins paid $1.1m to live next door to each other
Natarcha and Samantha Simmonds decided to buy off-the-plan apartments next door to each other to escape the rental trap.
- Campbell Kwan
The tree change suburbs turning into buyers’ markets
Gippsland-South West in Victoria, South Coast and Inverell in NSW, and West Coast in Tasmania are now offering buyers plenty of options, according to Suburbtrends.
- Nila Sweeney
Why Gold Coast apartments are now doubling in price
Developer Allen Sammut says average prices for large apartments in his Surfers Paradise beachfront project have doubled since June 2021.
- Larry Schlesinger
Digital Classifieds Group set to buy Dubizzle’s Asian assets
Street Talk understands the Melbourne online classifieds marketplace is beefing up its Asian footprint ahead of a potential ASX initial public offering.
- Sarah Thompson, Kanika Sood and Emma Rapaport
‘We send each other houses’: Real estate is the new couples’ therapy
Do you and your partner scroll through property listings for a dream home that you’ll never buy? You’ve got house fever.
- Shane Watson
Stockland to charge up to 10pc more for homes this year
In an ‘uncertain’ market, the developer is charging buyers more. The biggest price rises are coming from sales to the growing cohort of downsizers.
- Michael Bleby
A $2.7m offer made this vendor jump early
After a “mini boom”, buyers are becoming cautious again – and that’s making some sellers decide it’s better to take an early bid.
- Michael Bleby
Investor exodus gathers pace in Melbourne, Sydney
More investors are bailing out of inner Melbourne and Sydney markets amid weak capital growth and large increase in holding costs.
- Nila Sweeney
