Commercial Property Development News

Australia’s rental market has become so brutal that sharing kitchens and bathrooms with strangers is now big business.

A $3bn office development designed to house tech companies next to Sydney’s Central Station has been scrapped and replaced with student accommodation. That leaves Atlassian’s 40-storey tower the lone office in the crumbling precinct.

Decades ago, Australia approved and mapped a futuristic new city, designed to house hundreds of thousands of people. Then it was scrapped.

Western Sydney will be getting its first outlet retail destination with 100 brands offering substantial discounts in 2026.

The spectacular failure of a royal-linked $280 million deal has forced a shock debt sale.

A former aged care site has transformed into a $6m goldmine, proving coastal development land remains the ultimate prize for savvy investors.

Demolition has begun on a luxury Gold Coast site where wellness-obsessed buyers will pay millions for apartments with dog wash facilities.

A Sydney office tower is set to be repurposed into apartments in a move that could become the norm amid high office vacancies.

A $100bn city designed for a million residents has become a surreal ghost town where security guards outnumber actual inhabitants.