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This is what's moving in property this week.
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NEWS
1
Lendi facing franchisee revolt over territorial dispute
Commonwealth Bank-backed mortgage broking firm Lendi faces a rebellion by a large number of Aussie Home Loans franchisees over how customer referrals and leads are distributed.
2
‘Shocking waste’: Grim figure in rental crisis
New analysis has revealed the shocking number of vacant homes in one of Australia’s biggest cities, as renters struggle to find somewhere to live and prices skyrocket.
3
Drop in working-age Aussie numbers needs rethink
As Australia’s overall population ages into retirement, will there be enough workers to replace them in important roles such as building? The figures might surprise you.
4
Are people with more than one property greedy rich gluttons?
Owning a holiday home or rental property was once a badge of honour. Today it seems to be something much different.
MARKET MOVERS
City Tatts sells famed property to pay off debts
The big-ticket redevelopment of one of Sydney’s famed clubs will go ahead, but the organisation has sold out of the property and will look to buy a new home.
Towering ambition: sky’s the limit in effort to woo back workers
The country will get two of its tallest buildings as big companies pull out all the stops to try to entice workers back to their desks by moving in to new-style hi-tech office towers.
Robur Tea House development gets heritage green light
A revamped design will keep key elements of the historic complex and open the door for another top global hotelier to make its way to Melbourne.
Huge news for Wilpena Pound Resort
A regional accommodation provider is planning a multimillion-dollar revamp of the iconic Wilpena Pound Resort after years of financial losses and underinvestment. See what’s planned.
✣ PRESTIGE PROPERTY
It’s heaven for cashed-up boaties
This five-bedroom beauty on the Sunshine Coast has a 95m river frontage with a private pontoon and deep-water access. Asking price, $25 million-plus.
Iconic Boyd Baker house finally sells
After a decade on and off the market, the 1964-designed Boyd Baker House outside Melbourne has finally been sold to well-known devotees of the architectural icon.
Raising the roof: sales boom in airspace above Sydney towers
Unit owners in hot spot Sydney suburbs are secretly cashing in airspace above their towers as developers scout for strata buildings where extra rooftops can be added.
COMMERCIAL PROPERTY
Lifestyle loses 18pc over fees concerns
Darling Square on the market as owners seek an exit
New nightclub to shake up the Valley
Blackstone swoops on airport business park
Alceon crunches numbers to make $64m tax office play
NEWSLETTERS
TODAY'S PAPER
MIND GAMES
THE AUSTRALIAN PLUS
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