Yesterday
$75m sale shows the opportunity of Sydney Metro for downsizers
The harbour city’s new rail infrastructure is reshaping housing in the city and creating new spaces for wealthier owner-occupiers to live in.
This Month
Two years in, Housing Australia has completed 2pc of its total target
The federal government agency tasked with developing 40,000 social and affordable rentals in five years had just 895 completions in its first two years.
Melbourne’s premier boulevard set for a further $1.5b boost
The real estate cycle along Melbourne’s famed boulevard has turned full circle. Once home to stately mansions, then glittering offices, now luxe is back again.
Labor reworks $10b affordable homes plan, but providers fear debt trap
The government wants developers of 21,350 new homes to keep them as rentals in the long term. Some worry that this will be more difficult amid broad changes.
Cerberus-backed Lincoln Place to kick off $1b sale next month
The developer and operator of mid-market land lease communities says it can acquire up to 10,000 more sites over the next three to five years.
Defence to sell 67 prestige suburb sites in $1.8b property overhaul
Bases across Melbourne, Brisbane and Sydney’s north shore and eastern suburbs will be sold in a move that will free up land for housing.
Queensland to developers: Tell us what government land you want to buy
The state has scrapped affordable housing mandates in a bid to attract the private sector to build more homes.
Labor accused of ‘secrecy’ over angst at flagship $10b housing fund
Housing Australia is overseeing the government’s push to fix a major undersupply in affordable homes, but it has faced serious governance and cultural issues.
Bunnings starts selling DIY ‘tiny homes’ as housing costs pinch
As Australians struggle to keep up with the rising house prices, many are turning to cheap and easy backyard pre-fab pods – and now Bunnings is on board.
Macquarie-backed player plans $370m build-to-rent project in Melbourne
One of Australia’s largest build-to-rent developers is growing rapidly in the Victorian capital, adding a plum opportunity just near leafy St Kilda Road.
Secret review raised red alert over Labor’s housing super agency
A previously unreleased Deloitte report commissioned by Housing Australia found it was taking a “high-risk” approach to doling out billions of dollars in funds.
Sydney, Melbourne house price growth almost flat as cooldown begins
Nationally home values accelerated in January, but buyers in Australia’s two largest cities are already worried about the Reserve Bank’s next moves.
January
Residents fear ‘grey nomad wealth zone’ if 1000-person jump approved
Sydney’s developers moved swiftly to take advantage of new planning rules allowing more density. Inner-city suburbs such as Rose Bay are on the front line.
Singaporean billionaire swoops on mega Qld site for big housing play
Ho Bee Land, controlled by billionaire Chua Thian Poh, plans to move quickly on developing a large housing estate in the fast-growing Moreton Bay region.
First NSW ‘pattern home’ builds begin as Sydney’s median nears $1.6m
Identical townhouses will soon be popping up with 21,000 of the preapproved designs sold to builders since the scheme was announced six months ago.
Home owner held out for a bigger offer from a developer. It backfired
The owners of a house in Sydney turned down a developer’s $10 million offer. The apartments went up anyway, and the house recently sold for $8 million.
Housing industry to call for $12b cut in red tape costs
The building industry is set to call for a drastic reduction in red tape, amid warnings from the OECD over lagging productivity.
It’s a fight for scale in the booming seniors housing game: GemLife
The business of selling affordably priced homes to downsizers is Australia’s main growth market in housing. But players will need to be big to play it well.
Queensland looks to lift ban on political donations from developers
Experts have warned allowing political donations from developers could increase the risk of corruption ahead of the 2032 Olympic Games.
It’s getting easier to build a new home – for now
The price gap between building a home and buying an existing one – which has stopped a lot of new projects – has narrowed. But it may not last.
