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Competition heats up for residential rentals | Jam Factory revamp aims to smash Melbourne records
Pages.e.newsdigitalmedia.com.au
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LOW LISTINGS
Competition heats up for residential rentals
Residential housing tenants in Australia’s regions are facing competitive market conditions as the number of rental properties available shrunk to a near low in August.
MACKENZIE SCOTT
DEVELOPMENT
Jam Factory revamp aims to smash Melbourne records
Latest plans unveiled for the city’s landmark site include 400 luxury homes and super-luxe penthouses worth up to $50m.
By BEN WILMOT
PROPERTY
Spirit Super ready to spend big in Hobart
Tasmanian-based super fund Spirit Super is readying to fork out about $300m to acquire the wealthy Schwartz family’s mixed-use hotel and office development in the heart of Hobart.
By LISA ALLEN, BEN WILMOT
DEVELOPMENT
Iris plans $800m splash on Gold Coast
Iris Capital has unveiled plans for a new $800m residential and commercial project that will overhaul the centre of Broadbeach.
By BEN WILMOT
DEMOGRAPHICS
What our future housing market would look like
Spiralling prices have squeezed many young Australians out of the housing market and there does not seem to be any short-term relief.
By SIMON KUESTENMACHER
SALES
Altis puts Space 207 on block for $280m
Altis Property Partners will put the Space 207 complex in the northern Sydney suburb of St Leonards on the block with the hopes of reaping more than $280m.
By BEN WILMOT
ECONOMY
RBA sounds warning on housing market
The Reserve Bank says risks to financial stability from the housing market may be growing, as it hinted at what measures may be needed.
By DAVID ROGERS
SALES
Qantas land draws bid of more than $800m
A knock-out bid for the industrial parcel next to the airport has reset the property market and will help Qantas get back on track
By BEN WILMOT, LISA ALLEN
TENANTS
WeWork in talks over rent relief as lockdowns bite
Co-working company WeWork has stopped paying rent at some fringe sites and is asking landlords for rent reductions as elongated lockdowns bite.
By BEN WILMOT
CONSTRUCTION
140pc profit jump but major Qld builder wants downturn
Australia’s largest private builder saw profits more than double but Scott Hutchinson ‘isn’t rapt’ and would be happy for a bit of downturn in Australia’s building frenzy.
By CHRIS HERDE
NEWSLETTERS
TODAY'S PAPER
MIND GAMES
THE AUSTRALIAN PLUS
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