Michael Bleby

Labor’s property tax changes are designed to encourage investment into new housing. But what is a new build? The devil is in the detail of Treasury papers.

Land lease developer GemLife specialises in relocatable homes for downsizers. It’s now about to start building vertically – and the apartments can still be moved.

Investment tax changes, combined with affordability advantages and NSW medium-density planning reforms, have sent duplex inquiries soaring for this builder.

The global real estate agency’s new Australian CEO inherits a raft of disputes – including one with her predecessor in the role.

The Australian CEO of the blue-chip commercial agency says she will not tolerate poor behaviour under her leadership.

There were two owner-occupiers and one potential landlord buyer chasing this home. The winning bidder was not the expected party.

Record rents have stretched affordability to the limit. As a result, would-be renters are staying at home longer or moving in together.

Sellers are pulling out to avoid a weakening market, although a $3.23 million auction sale in Glebe showed buyers were still there for the right property.

The 425-unit development shows private developments can offer below-market homes to tenants without tapping the public purse – within limits.

At a time of already weak prices and low confidence, the bid to boost transparency around prices could further cut buyer activity, industry figures warn.