Sea-changers priced out of hippie-turned-glamour hotspot Byron Bay are resorting to more affordable beach towns in northern NSW.
Got a rental property gathering dust? Now might be the time to put it online,with new figures showing it costs more to rent in Perth than it does in Melbourne.
Melbourne house rents rose to a record $445 per week over the December quarter,but despite the leap they’re still the cheapest of Australia’s capital cities.
The second-best performing city was Canberra,where house rents rose by 12.5 per cent over the year to $675 per week.
Rental vacancy rates around Australia continue to be low and will probably tighten even further over 2022.
Terminating a fixed-term lease before it expires is usually expensive for tenants,but there are certain circumstances where hefty costs can be avoided.
Private equity giant Blackstone has bought on a half share in the Sydney Grosvenor Place tower,giving heart to office property investors that the sector is coming back to life.
Global property giant Lendlease and Singapore-based Keppel REIT are taking a large bet on the growth of the North Sydney office market with the purchase of a $327.7 million tower development.
The Agosta family is expecting to reap more than $30 million from the sale of three new Nino childcare centres in Melbourne,two of which are still under construction.
The major landlord has signed one of the significant deals of the year to retain insurance giant Aon in Sydney after markets were hard hit by the pandemic and lockdowns.
The owners of Italian language newspaper Il Globo have spent $5 million on property in the little neighbourhood shopping strip on Melville Road,West Brunswick.