A landscape designer has sold a Toorak property for more than double the $10 million he paid for it four years ago.
A risk management residential property researcher has identified a number of "danger zones" for overpriced, off-the-plan apartments.
The Myer family confirmed that they have held discussions about making their Toorak mansion available for visiting prime ministers and governors general.
Melbourne house prices are forecast to fall by 15 per cent, while Sydney prices could drop by 13 per cent, ANZ says.
There were 1,082 capital city homes taken to auction this week, a slight increase on the 1,046 homes auctioned the week prior.
A a welter of Melbourne property deals shows developers are betting on a rapid return to normality.
Hundreds of auctions around Melbourne are set to be cancelled in the next six weeks, as vendors pull their properties off the market because of the city's stage…
Since February, some of the biggest stock declines are landlords of brick-and-mortar retailers as lockdowns halted physical commerce.
House prices across Australia plummeted 2 per cent over the June quarter, but there’s one tell-tale sign that prices will drop even further, experts say.
Australian Property Investor Magazine
Access to finance is set to get easier, with a suite of reforms to be introduced by the federal government to help first homebuyers get into the property market and investors to bolster their portfolios.
Metricon Homes has continued its reign as Australia’s most prolific homebuilder, the fifth consecutive year it has built more houses than any other company.
Speculation is mounting around the prospects of further reductions in the official cash rate by the Reserve Bank of Australia, with some of Australia’s biggest banks slashing variable home loan rates.
The implications of COVID-19, and its exacerbation of the gap between rich and poor, are moving beyond the realm of immediate health and financial needs and shaping the future of our homes and communities.
Clearance rates have fallen and new project launches are getting scarce, but research from Urbis shows apartment markets across the country are holding relatively firm despite the challenges of the pandemic.
COVID-19 has created a sellers’ market in the City of Churches, and it is easy for buyers to pay too much or purchase something that is not ideal.