Brisbane's Olympic stadium already facing cost blow outs + The 1950s interiors trend making a comeback

Laden...

2 maanden geleden

Html
Tekst

EmailThis is what's moving in property this week.

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

The palatial estate at 52 Mugga Way in the Canberra suburb of Red Hill was the most viewed residential listing in the ACT on Realestate.com.au last week.

NEWS

Olympic stadium cost could blow out to $5bn

An unbudgeted upgrade to public transport and access infrastructure for the inner-city site is set to blow out the declared cost of the 2032 Games centrepiece.

Builders line up for Olympic spending race

Local, national and international construction companies will be in the race to deliver multibillion-dollar venues and infrastructure for the 2032 Olympic Games.

Albo’s $54m push for huge housing target

Prefabricated homes touted as being twice as fast to build as traditional brick and mortar are the way of the future for the Albanese government, as it races to build 1.2 million new properties by 2029.

Landbank row sparks housing fear

Moves to restrict the practice of land banking could catch out some of the biggest contributors to the nation’s housing supply.

Why sharing home ownership with the government is never risk free

Partnerships in property are never straightforward, especially when the collaboration is with the government, and the impending Help to Buy scheme could catch prospective homebuyers out.

MARKET MOVERS

Last minute Roberts Co deal to get workers back on sites

Administrators of the collapsed Victorian arm of the building company have been given three weeks to try and strike a deal with developers to get workers back on major sites.

MEC to take slice of $2bn Salesforce tower

The recapitalisation of the city’s highest office block shows demand is rising for offices, but big-ticket sales are still to come.

Hotels boom as footy fans gather

Sports fans have switched focus from Melbourne’s grand prix to the AFL’s Gather Round coming up in Adelaide, and hoteliers are the winners.

✣ PRESTIGE PROPERTY