Tag: Real Estate
-
Where retirees are moving out – and family buyers are moving in
In the past five years, the number of Australians aged 65 and over has surged by 16.6 per cent, and many of these cashed-up retirees – sitting on decades of property gains – have been a dominant force at auctions and open homes nationwide. But research by OurTop10 suggests the tide may be turning in…
-
Vale: two of SA’s best-known real estate identities
Toop + Toop founder Anthony Toop was described by his family as a devoted husband, father and Poppa, known for his optimism, resilience and belief that “if it is to be, it’s up to me.” While another giant in the business, Michael Brock died on Friday morning aged 72, having started Brock Partners in 1982.…
-
SA’s development land sales continue to boom
South Australia’s development land sector continues to build with Adelaide-based Colliers’ Investment Services team transacting over 185,000 square metres of land so far in 2025, with an additional 15,000 square metres expected to come to market soon. The high demand for housing across the state has influenced the market, with residential and accommodation development sites…
-
SA property records tumble in multimillion-dollar deals
The Port Adelaide Distribution Centre (PADC) has been sold by property firm Quintessential to listed real estate giant Centuria for more than $216 million, believed to be the largest industrial transaction ever recorded in the state. Quintessential first acquired the 319,500 sqm site in 2019 for $80 million, before embarking on a $19 million capital…
-
SA property investors turn to ‘future-proof’ healthcare stock
Growing demand for secure, long-term investments underpinned by healthcare sector tenants has seen more than $94.6 million in medical-grade leased investments change hands over the past year, Colliers researchers have found. Shifting investor priorities and global economic uncertainty is seeing South Australians move into the space, particularly the growing population of “active retirees”. The average…
-
Millennials and Gen Z take out most investor loans amid rent-vesting boom
Millennials and Gen Zers are taking out the bulk of investment property loans, as so-called rent-vesting gains momentum as a way into the real estate market. More than 50 per cent of property investment purchases in the past year were made by millennials and Gen Z, according to Commonwealth Bank data. This strategy allows buyers…
-
Interest rates are gaslighting an entire generation
The past few years have brought noise and headlines dissecting the nail-biting roller-coaster ride that is interest rate changes. There is nothing quite like it to spark fiery debates and divide between generations battling it out in the contest of who had it harder. But what if we looked beyond the spats of buying that…
-
Historic splendour in Springfield
It was the property’s rich history and exclusive postcode that drew the interest of current owners Lily and Tom when they purchased the home in 2016. “The foothills were non-negotiable for us. Brookside Road and The Glade junction is arguably Springfield’s quietest pocket – it feels beautifully secluded, yet everything’s just minutes away,” says Lily.…
-
Deborra-Lee Furness buys Hugh Jackman out of $36m NYC pad
Hugh Jackman and Deborra-Lee Furness are dividing up their multimillion-dollar property portfolio following their divorce. Among the former couple’s real estate assets is a luxury penthouse in New York City purchased for US$21 million (A$32 million) in 2022. According to reports, Furness paid US$11.7 million (A$18 million) to buy The Greatest Showman star out of…
-
Historic Medindie villa has the best of both worlds
When Jane Copley, a radiologist, moved into her Medindie home in 1998, it was the location and the blend of historic grandeur with modern family living that set 62 Hawkers Road apart. “It was sold previously quite derelict and a builder had bought it and renovated it, so it had that nice mix of big…