@AFRproperty

Breaking news from the Australian Financial Review's property team.

afr.com/property
Joined July 2014
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26Media
Breaking: Home builder Porter Davis goes under #construction afr.com/property/commercial/…

1700 aspiring owners stranded as Porter Davis goes under

The collapse of the Melbourne-based builder adds to a wave of home builder collapses that have left 4500 projects across the country in the lurch since late 2021.

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Cancer claims Jonathan Hallinan: Rich Lister #ausproperty developer dead at 47. #vale afr.com/property/residential…

Rich Lister property developer dead at 47

Jonathan Hallinan, the developer behind Melbourne’s distinctive Shadow Play skyscraper, has died at 47 after a battle with cancer.

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A seasonal boost - for now at least: Auctions start 2023 with a bang but it could be very short-lived. #ausproperty afr.com/property/residential…

Auctions start 2023 with a bang but it could be very short-lived

The auction market has started strongly but the seasonal lift may not last, especially not when rates rise further.

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Where homes with a tennis court are luring buyers bit.ly/3D0uYRZ

Where homes with a tennis court are luring buyers

Australians searched for ‘pool’, ‘view’, ‘study’ and ‘waterfront’ when hunting for a home, but more potential buyers are now looking for a tennis court compared to a year ago, Domain analysis shows.

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Print journo steps in front of mike. And lives to tell the tale. #podcastrookie
Financial Review
@FinancialReview22 Dec 2022
This week in The Fin podcast, deputy property editor @MichaelBleby explains the housing market’s wild ride in 2022, why prices are still falling, and what might happen next year. bit.ly/3jokDrT
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An official announcement is still some months off, but the mixed-use project on the edge of the CBD has more than doubled in value since it went to tender in June last year, reports @MichaelBleby. bit.ly/3PDDvzd
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Auction clearance rates fell to their lowest levels since early July, ending the year on a weaker footing, data from CoreLogic shows, reports @nilasweeney. bit.ly/3V9UieD
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The Cohen family has bought one of Melbourne’s best-known pubs and live entertainment venues, which sold with a 20-year lease to pub giant Australian Venue Co, reports @larryschles. bit.ly/3FH9euS
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While national standards are in place to boost energy efficiency of new homes, rules for the country’s existing 11 million homes vary by state and territory, reports @MichaelBleby. bit.ly/3PDUrpf

Energy laws must improve older homes, industry says

While national standards are in place to boost energy efficiency of new homes, rules for the country’s existing 11 million homes vary by state and territory.

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The Kennard family is the first external investor in Australian Natural Therapeutics Group, which will quadruple production through a new facility in Brisbane, @larryschles. bit.ly/3v16MKT

Move over coffee, medicinal cannabis’ global revenue attracts backers

The Kennard family is the first external investor in Australian Natural Therapeutics Group, which will quadruple production through a new facility in Brisbane.

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House prices in Adelaide, much like Perth, are expected to remain stable despite eight-months of rate increases, predicts South Australia’s treasurer Stephen Mullighan, reports @SimonMEvans. bit.ly/3WanlzQ
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The commercial landlord’s write-down of values is the start of a trend that analysts say is likely to play out more widely over 2023, reports @MichaelBleby. bit.ly/3WrkBxN
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The owner of one of Palm Beach’s most envied holiday homes, property developer Margaret Rose, shares her story of creating Sydney’s ultimate getaway, reports Bonnie Campbell. bit.ly/3hEexTZ

He first opposed her idea, now it’s a $40m beach weekender

The owner of one of Palm Beach’s most envied holiday homes, property developer Margaret Rose, shares her story of creating Sydney’s ultimate getaway.

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It's commissions drawn in prestige property land: Prestige agents duke it out over $23m sale. #RearWindow #ausproperty afr.com/rear-window/prestige…

Prestige agents duke it out over commission on $23.5m property sale

The sale of Radek Sali’s hobby vineyard on Victoria’s Mornington Peninsula to a Czech coal miner was not a straightforward matter.

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In this week’s Carbon Challenge newsmaker interview, PNG Petroleum Minister Kerenga Kua explains why he's keen to develop vast clean energy opportunities. Sign up today to read the full Q&A. lnkd.in/gT4Bw-Fh
The asset class that’s inflation and recession-proof: your local pub. @larryschles goes behind the counter for @afrmag. #ausproperty afr.com/wealth/investing/the…

The asset class that’s inflation and recession-proof: your local pub

In three years, sales have almost doubled to $2.2 billion. And it’s not just the flow of capital: values are rising.

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‘Why am I putting up with behaviour like this? Why would I do that, why should anyone do that? Landlord #Vicinity CEO’s early exit followed sexual harassment warning. @NickLenaghan reports. afr.com/property/commercial/…

Vicinity CEO’s early exit followed sexual harassment warning

A second, equally damning investigation found a high degree of workplace dysfunction in senior executive ranks stemming from Grant Kelley’s behaviour.

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A return to the capital cities after the pandemic exodus could be behind a rise in vacancies and a fall in costs. bit.ly/3TEuFls

Regional rental boom peters out as rents slump

A return to the capital cities after the pandemic exodus could be behind a rise in vacancies and a fall in costs.

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The lobby group’s latest forecasts show the importance of apartments in offsetting the coming slump in detached housing construction. bit.ly/3EAwoDO
The sale of seven properties on a street corner is an example of private players convinced there is a bright future for one of the country’s most battered CBDs. bit.ly/3UHwzCS

Who’s buying the Melbourne revival story on a 1pc yield

The sale of seven properties on a street corner is an example of private players convinced there is a bright future for one of the country’s most battered CBDs.

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