Property News


Read the latest news covering the property market and property investment, house prices, interest rates and much more.

rural

Motorcycle champion Wayne Gardner lists NSW south coast farm

Meroo Springs, just 10 minutes to Berry and Nowra, has been listed by Wayne Gardner.
Pacific Bondi Beach to test the tide

developments

Pacific Bondi Beach to test the tide

Buyers have a choice of units starting from beach pad studios of 35 to 44 square metres starting at $550,000.
The 7 must-know numbers of the week, starting with the price...

news

The 7 must-know numbers of the week, starting with the price achieved for Harry Kewell's Brighton townhouse rental

Property Observer reviews the top seven numbers of the week, including the approximate sale price for the infamous Snowtown bank.

mortgages

Commonwealth Bank cuts fixed rate mortgage offerings

The benchmark three-year fixed rate mortgage will reduce by 10 basis points from 5.84% to 5.74% from September 7.

leisure

John Singleton-backed Riversdale Group adds Marlborough Hotel in Newtown to $85 million pub portfolio

Investors in the pubs acquired by the Riversdale Group includes advertising mogul John Singleto, former Qantas boss Geoff Dixon and banker Mark Carnegie.

economy

August jobs data no 'smoking gun' for RBA cash rate cut: CommSec's Craig James

The number of people employed fell by 8,800 in August well below expectations of a 5,000 gain.

mortgages

Former director of mortgage broking firm hit with $7,500 civil penalty for operating without a credit licence

The $7,500 penalty was imposed on Nathan Elali, of South Hurstville by the Federal Court in Sydney on 31 August.

news

Fake prince's Brisbane riverfront apartment sells at realistic price

Joel Morehu-Barlow is accused of embezzling more than $16 million from Queensland Health spending some of it on the luxury New Farm apartment.

retail

Shopping centre landlords forced to discount leases to attract new tenants

The leasing spread on new leases signed by GPT Group has gone backwards by 10%, while Westfield has given up 6% on new leases.

design

Macquarie Group to let the light shine into Martin Place headquarters with $83 million makeover

The proposed new rooftop has been likened the atrium to the glass dome atop the Reichstag in Berlin.

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      Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale Jonathan Chancellor
      Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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      Developer Spotlight

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      Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

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