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Build-to-rent investment manager apt. Residential strikes Ultimo purchase in $55m play
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Metricon bounces back after tough times for home builders
The country’s largest home builder expects lower interest rates will drive demand next year and warns customers not to wait for costs to come back down.
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Singapore’s shoebox king goes big in Glitter Strip penthouse project
Singapore property tycoon Ching Chiat Kwong, who made a fortune developing tiny units in Asia, is behind a $150m Sovereign Islands development offering 10 sprawling homes.
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‘Green shoots’: Mirvac upbeat on new home building despite profit squeeze
ASX-listed property group Mirvac has seen its new home building profit margins squeezed over the past financial year, but is also seeing an uptick in market activity. The company made $212 million in earnings before …
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Southeast Queensland land prices jump as buyers vie for stock
New data shows the average price of a block of land in the region was up 11 per cent in the three months, as buyers adapt to higher interest rates and competition heats up for limited stock.
News
Five houses for $1 million: Instant property portfolio for sale earning $60K per year
If you’ve ever dreamed of owning a high-yielding nest egg, here’s your chance to snap up an entire property portfolio with development potential in one fell swoop. A property made up of five houses on …
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Government efficiency needed in construction as building costs start to ease
Increased hurdles in getting approvals are driving up construction costs, which threatens the viability of affordable housing, despite a further easing in building materials costs.
News
The great backyard build: The $200K investment that can put hundreds in your pocket weekly
Homeowners looking to boost their household income or help out loved ones are increasingly building granny flats and dual occupancies in their backyards. While many homeowners would prefer to keep their backyards as they are, …
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Inner West residential development ‘98 per cent complete’ hits market
An inner west residential project “98 per cent complete” has hit the market after builders were placed into liquidation.
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Aqualand checks into build-to-rent project in North Sydney
Property group Aqualand is planning a unique 40-storey complex on the site of an existing building that would make the company a serious player in the sector.
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