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$30m Melbourne penthouses + How property legend's estate will be carved up

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Categorieën: Media | Nieuws | Krant | TV | Radio | Social Media | BNer's Nieuws Leeftijd: 19 t/m 30 jaar 31 t/m 64 jaar 65 jaar en ouder

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EmailThis is what's moving in property this week.

To view this email as a web page, go here.

NEWS

1

Policy disaster: Build fast or hit crisis on home front

A new home would have to be built every two minutes to accommodate current population growth and the immigration intake, according to industry analysis.

2

Shortfall likely as big home build starts

Housing industry experts expect have welcomed day one of the Albanese government’s plan to build 1.2m homes in the next five years but are anticipating a significant shortfall

3

Cost of living leads to spike in mortgage extensions

Mortgage holders are asking banks to push out the life of their home loan – saving money in the short term but building very big debts for the future.

4

Young adults facing a buy-or-try dilemma

Young adults face a particularly challenging decision, akin to a modern-day ‘Sophie’s Choice’ about whether to prioritise starting a family or securing their first home.

MARKET MOVERS

How will Lang Walker’s $6bn empire be carved up?

The late tycoon left behind one of Australia’s biggest private companies and new documents reveal how his wife, children, and two trusted directors will share the property behemoth’s assets.

ACCC concerned by Lendlease, Stockland estate sale

The competition regulator says the deal in its current form could create issues in three states.

Cashed-up owners close major Perth hotel for ‘rebranding’

The Hyatt Regency in Perth will close after 35 years at the behest of its Singapore owners, marking an end of an era in the city’s hotel industry.

✣ PRESTIGE PROPERTY

$30m penthouses: Gurner, Qualitas team for Jam Factory revamp

The developer is banking on turning the iconic Melbourne complex into New York-style apartments, luxury hotels, cinemas and high-end shopping.

Snowfalls and $9m lodge sale lift alpine spirits

The recent $9m sale of Thredbo’s priciest accommodation, Sastrugi Lodge, has added impetus to the alpine area’s real estate holdings given recent snowfalls and freezing temperatures.

COMMERCIAL PROPERTY

Property sector urges independent review

IP Generation inks $315m deal for Stockland Glendale

Student accommodation expansion ‘hampered by taxes’

$250m deal makes this Brisbane’s top tower

NEWSLETTERS TODAY'S PAPER MIND GAMES THE AUSTRALIAN PLUS

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