Property

Explore the latest property news by BusinessDesk. 
Arvida’s profit downgrade seen as 'transitory'
Property

Arvida’s profit downgrade seen as 'transitory'

The retirement village company says its resale prices are up an average 12%, while sales prices of new units are up 13% in the first five months of the 2023 financial year.

Jenny Ruth 05 Oct 2022
Precinct commits to new $115m Wynyard building
Property Free

Precinct commits to new $115m Wynyard building

The listed property group has confirmed plans for a new seven-storey building at Wynyard Quarter, after engineering firm Beca signed a 12-year lease.

Brent Melville 03 Oct 2022
Homeowners lose $10k a month
Property

Homeowners lose $10k a month

The stuttering housing market is steadily reversing the gains made during the pandemic-induced boom, while the Reserve Bank continues to turn the screws on interest rates.

Brent Melville 03 Oct 2022
Huge range of consenting fees reflect system inequity
Property Free

Huge range of consenting fees reflect system inequity

New data shows that residential consent costs can vary hugely across what should be a standardised system, creating an expensive headache for builders.

Brent Melville 03 Oct 2022