Stephen Tesoriero

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Triguboff swoops on $250m site

Mr Triguboff’s Meriton Apartments Group has edged out cashed-up Chinese developer Country Garden to get his hands on the highly sought after site, …

For sale signs on Sydney towers

Investors are awaiting the imminent closing of a deal in which Canadian giant Brookfield is poised to sell a stake in its Wynyard Place redevelopment …

Residential construction heading for 31pc three-year collapse

Australia's economy holds the world record for the longest recession-free run thanks, in large part, to a record home-building boom that offset the …

Greaton swoops on land sites

The three sites adjoin and will be amalgamated to create one site comprising about 9120sq m at 16-18 Beaconsfield Parade. Development applications …

Don't give developers 'free rein' for housing across Sydney: Transport department

In its submission on the draft district plans, which are to be updated later this year, Transport for NSW said it should be made clear the growth …

How to read the property market

Perth property dropped as well, while the rest of the capital cities were flat. Sydney and Melbourne property values are still well up on the last …

Record bidders for asbestos dump

The northern beaches property market is pumping — with a 91 per cent auction clearance rate, and the hottest auction of the weekend was undeniably …

‘It is rare for an upswing to be sustained for this long’

Figures from research firm CoreLogic reveal the slowest month-on-month growth since December 2015, largely due to a “broadly flat” April result in …

Atlassian co-founder Scott Farquhar makes record $70 million property deal

EXCLUSIVE<p>Scott Farquhar, 37, has come a long way in the property market since 2006 when he bought his first home, a two-bedder in Pyrmont for $1.41 …

House prices fall in Sydney for first time in 18 months

"I have been concerned over the last couple of months that the measures that were put in place a few years [ago] have worn off and it is now for the …

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The Acres is Wollondilly’s hottest new development

The Acres at Wollondilly will comprise of 125 home sites.<p>Appealing to residents looking to escape the city life, Wollondilly’s new development The …

Housing affordability: Negative gearing forcing up house prices, not land shortage as Property Council suggests, expert says

Proposals by the property sector to tackle housing affordability by boosting land supply and retaining negative gearing have been slammed by an …

State government starts buying property for Beaches tunnel

A house acquired for northern beaches tunnel.<p>THE  NSW Government has made its first concrete step in building the Beaches Link tunnel by buying a …

Real Estate

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NSW land titles registry leased for $2.6 billion to Hastings Funds Management, First State Super

Opposition Leader Luke Foley said NSW got a dud deal because the LPI monopoly could generate $2.6 billion in profit in 20 years, which could help pay …

Reserve Bank sounds warning about new mortgages

According to the RBA, aggregate mortgage buffers are high, at about 17 per cent of outstanding loan balances.<p>"But these aggregate figures mask …

Negative gearing reform 'essential' to improve housing affordability: Saul Eslake

Scaling back negative gearing or capital gains tax concessions for property investment is "essential" to improve housing affordability for first home …

Distribution of debt poses new trigger to the property, housing market

Ask almost any economist from a major financial institution and they'll tell you Australian housing is safe; for now.<p>The reason, they'll explain, is …

Stock Markets

The Central Coast suburbs outperforming the big cities

Prices in some Central Coast suburbs are shooting up faster than the major cities.<p>Every local knows Central Coast prices are shooting up fast, but …

Humble two-bedroom house in Box Hill on the market at $7m+

It looks like any ordinary house in Melbourne’s suburbia, but this two-bedroom Box Hill house is on the market with a stunning price guide of more …

Real Estate

Roseville College student went missing at night during Kosciuszko camping trip

"A signal flare was set off to try and attract the attention of the student," Land's Edge managing director Antony Butcher said.<p>"Any program where …

Scarborough high-rise: Harvey backs beachfront development plan

A proposal for a 40-storey twin tower project at Scarborough has received the support of shadow planning minister and local member Liza …

Land titles registry sell-off: The 'last-minute' decision that could cost NSW up to '$200 million'

"The Government says that it will raise about $2 billion from the sale of the LPI, but it should reduce that by 10 per cent," he said in a motion for …

Why are so many Adelaide homes selling before auction day? Lack of listings drives demand

29 Prospect Terrace, Prospect has four bedrooms and will go under the hammer on Saturday March 25 at 1pm. The home is being sold through Ouwens …

China’s New Limits on Money Outflows Hit a Would-Be Paradise

HONG KONG — China’s intensifying efforts to keep money from leaving the country have cast doubt over big Hollywood deals and other marquee investments.<p>Now, they are blocking Kitty Zhu from buying her dream home.<p>The 39-year-old Ms. Zhu, who runs a cosmetic center in the southern Chinese city of …

Why Chinese investors keep buying Australian property: it's cheap

It is said real estate is all about "position, position, position".<p>Perspective could equally be thrown into the equation as well, and from the …

House prices: Take a tour inside a Sydney micro apartment

With housing affordability a huge concern for many Sydney residents, one organisation is offering low- to middle-income earners the opportunity to …

More density around rail stations and new schemes for renters: NSW housing plan

"We've got to house people," said Mr Roberts. "This is a crisis. We're almost at the point of no return."<p>The state government has 11 areas already …