House prices are up overall over the past year in some regional hubs as the capitals endure the worst of the downturn. Young buyers are holding up the market.

#nsw #louw #wagga

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Rinehart seeks $55m for huge grazing station to chase Wagyu strategy

Property & Real Estate

1d ago

Rinehart seeks $55m for huge grazing station to chase Wagyu strategy

The mining and agriculture magnate and majority owner of the famed Kidman portfolio is reshaping her vast holdings to focus on higher-value beef.

#rinehart #wagyu #station

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Caledonia’s Mike Messara eyes Palm Beach record for trophy weekender

Property & Real Estate

1d ago

Caledonia’s Mike Messara eyes Palm Beach record for trophy weekender

The high-profile but under-pressure hedge fund manager has listed his resort-style estate in Sydney’s holiday playground with price hopes of $42 million.

#palm-beach #messara #sydney

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Casino billionaire Sam Arnaout to sell $25m castle-like winery estate

Property & Real Estate

2d ago

Casino billionaire Sam Arnaout to sell $25m castle-like winery estate

Inspired by a European country villa, the hospitality magnate’s striking estate in the NSW Hunter Valley has hit the prestige market.

#arnaout #europe #hunter

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Clare O’Neil is ‘change agent’ of falling house prices

Property & Real Estate

2d ago

Clare O’Neil is ‘change agent’ of falling house prices

The housing minister is on a journey to answer whether the government should be claiming credit for the property market downturn

#neil

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Pay proof will be in the pudding at Charter Hall

Property & Real Estate

2d ago

Pay proof will be in the pudding at Charter Hall

The commercial property giant has long delivered for investors, but a protest vote against its pay report sends an important message.

#charter-hall #protest #conry

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ANZ’s Matos exposes Chalmers’ housing dilemma

Property & Real Estate

2d ago

ANZ’s Matos exposes Chalmers’ housing dilemma

Giving evidence to a parliamentary inquiry, Nuno Matos drew on his experience of unrest caused by housing unaffordability in his native Portugal.

#anz #matos #nuno

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MA Financial slashes real estate private credit valuations by $40m

Property & Real Estate

3d ago

MA Financial slashes real estate private credit valuations by $40m

MA Financial is the latest Australian private credit fund to lower valuations of its property related loans as real estate conditions worsened in October.

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This ain’t your parent’s housing correction. It will be much worse

Property & Real Estate

3d ago

This ain’t your parent’s housing correction. It will be much worse

Commonwealth Bank quarterly trading update shows the housing market is still some way off touching the bottom. But it’s what comes after that we need to worry about.

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Melbourne heavyweights sell Toorak home for $25m after hefty discount

Property & Real Estate

3d ago

Melbourne heavyweights sell Toorak home for $25m after hefty discount

To meet the market, developer David Deague and wife Kristene cut $8 million from initial hopes for their long-held family home in Melbourne’s priciest suburb

#melbourne #toorak #deague

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New home loans slump in biggest fall on record

Property & Real Estate

3d ago

New home loans slump in biggest fall on record

Investors have fled the market in the face of successive interest rates this year and as Labor’s changes to property tax concessions choke off buyer demand.

#interest-rates #labor

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Want a bigger home? Upsizing gap shrinks to $60k for an extra bedroom

Property & Real Estate

3d ago

Want a bigger home? Upsizing gap shrinks to $60k for an extra bedroom

The jump to a bigger home is becoming narrower in some suburbs as the value of higher priced homes falls faster than dwellings of lower value.

#upsizing

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