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The property at 52 Wendell St, Norman Park, was the most viewed Queensland listing on Realestate.com.au last week.

NEWS

1

Tax grab sparks Melbourne home price slide

Investors in Melbourne are selling up at the highest rate of any of our capital cities to avoid hefty property taxes, with prices rising just 15.5pc since the start of the pandemic, compared to 75pc in other cities.

2

Spring sales of property ‘to be messy’

Stubbornly high interest rates will make this year’s residential property spring selling season ‘messy and softer’, experts say.

3

New roadblock for Albo’s big housing plan

Labor’s key housing initiative to boost rental homes will be blocked by the Coalition and the Greens, who say it benefits corporations over renters.

4

Sign Sydney’s rent crisis only getting worse

New data has revealed the surprising area one state’s renters are being hit hardest by price increases.

5

‘Terribly exposed’: State’s big move on Airbnbs

Local councils could soon have the power to ban Airbnbs in one Australian state – and not everyone is happy.

6

CFMEU ‘power vacuum’ could send construction costs soaring

Those calling for the CFMEU to be wound up have been told to be careful what they wished for, with one expert saying it could create a power vacuum and drive construction costs up further.

7

Why uni student cap will have little effect

The federal government’s proposed international university student cap sounds like a big restriction, but it needs to be put into perspective, REA economist Anne Flaherty writes.

MARKET MOVERS

Data revolution behind real estate scramble for host sites

As the mammoth deal for AirTrunk takes shape, it’s emerged that the surge in demand for data capacity had already triggered a scramble among developers for sites to accommodate the facilities.

Lowy-backed group joins the land lease rush with $500m estate plan

The venture will be backed by some of the country’s wealthiest families, who are keen to get into the living sector.

Gilligan’s on the block for $120m as investors head north

Far North Queensland is back in the sights of big national players.

Adelaide’s biggest hotel up for sale for first time in decades

The CBD landmark has hit the market for the first time in 30 years as the global chain weighs up its future at a prime CBD site.

Gap analysis: Where Australia needs more big business

Australia’s top 20 list of publicly listed businesses shows us what we are good at – but also reveals obvious gaps which the nation should seek to fill if it wants to remain competitive and prosperous.

✣ PRESTIGE PROPERTY

Renowned luxury designer lists Noosa River family home

‘Good design, an iconic site and a little bit of luck’: designer behind some of the Noosa’s most opulent properties reveals how he flipped the layout of his latest offering to make the most of stellar views

COMMERCIAL PROPERTY

Centennial swoops on Cleveland park for new trust

NextDC opens $100m Adelaide data centre

HMC Capital makes $121m play for retail centre

$60m hotel deal leads sales take off

Cromwell fund in $41.5m block sell