Commercial Property Development News

Commercial property development news and market insights.

Weak Australian dollar and high labour costs offset stabilising materials: Altus Group
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Weak Australian dollar and high labour costs offset stabilising materials: Altus Group
Despite some price relief, Australia’s construction industry faces mounting insolvencies as productivity declines and wage pressures rise.
New long-term rentals to support women in need
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New long-term rentals to support women in need
A groundbreaking $15.7m housing development will put women at risk at the top of its tenancy list in what has been described as a first for the state.
Hills District gets 50 new dining, leisure and retail spaces
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Hills District gets 50 new dining, leisure and retail spaces
A popular hub is about to undergo a huge extension where locals will now have 50 new options for dining, shopping and leisure.
$16m-plus price hopes for mixed use land opposite shopping centre
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$16m-plus price hopes for mixed use land opposite shopping centre
Planning is well advanced on a swathe of land opposite a major regional shopping centre to deliver new housing, retail and other uses. New owners are sought to chart the next course.
‘Nothing like it’: New resort a car lover’s Nirvana
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‘Nothing like it’: New resort a car lover’s Nirvana
A first of its kind Australian motorsport resort complete with luxury villas, a hotel and a 5.4km track promises to be a dream come true for local car lovers.
Melton: Land banking opportunity spruiked by AFL legend Kevin Sheedy ‘where the future is’
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Melton: Land banking opportunity spruiked by AFL legend Kevin Sheedy ‘where the future is’
A sprawling vacant block in Victoria has hit the market with a monster asking price after more than four decades in the owner’s family, and AFL icon Kevin Sheedy has weighed in.
Lendlease makes play for Sydney site
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Lendlease makes play for Sydney site
The property giant is focusing its comeback on the top end of the residential market, with its next move targeting a Sydney site a Chinese-Australian billionaire is looking to exit.
Maximise makes $44m move on Melton
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Maximise makes $44m move on Melton
Developer Maximise is planning a major retail and industrial development after snapping up a land parcel in Melton in Melbourne’s west.
South west Sydney suburb set to double with 3000 new homes approved
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South west Sydney suburb set to double with 3000 new homes approved
A huge wave of new homes have been approved in a Sydney suburb, which will see it double in size in just a few years.
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