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Property

Could falling house prices tip Australia into recession?

Opinion: House prices have only just begun to soften, but a deeper and more prolonged downturn could weigh on household spending, construction and economic growth, argues Stephen Koukoulas. Australian house prices have started to fall. The drop is not large at this stage – it is less than one per cent from the peak in […]

  • By Stephen Koukoulas - Contributor

The luxury property buyer is changing. So are the postcodes

Opinion: The new luxury property buyer isn’t an inheritor or corporate executive. Economist Atom Go Tian explains how founders are reshaping Australia’s prestige property market. Behind every luxury property transaction is a person. For decades, the very top of the market was largely the domain of corporate executives reaching the peak of long careers or […]

  • By Atom Go Tian - Contributor

Mark Zuckerberg closes on record-setting $170 million Miami mansion

Billionaire Meta CEO Mark Zuckerberg and his wife, Priscilla Chan, closed on a $170 million mansion in Miami-Dade County’s “Billionaire Bunker” on Monday, setting a county-wide purchase price record, according to a report from the Wall Street Journal.

  • By Martina Di Licosa

Gold Coast’s $1.5bn Trump Tower promises to be ‘Australia’s tallest building’

The six-star hotel and residential tower will be built in Surfers Paradise and is expected to be completed before the 2032 Brisbane Olympics.

  • By Josh Lai
  • Forbes Staff

Asides

‘Britain has gone to hell’: Billionaire listing $337 million home in London as wealth exodus swells

Shipping billionaire John Fredriksen is reportedly preparing to sell his famous $337 million home, known as The Old Rectory, in Chelsea.

  • By Mary Whitfill Roeloffs

Buy to live or buy to rent out? What to consider when investing in property in 2025

Property prices in Australia are easing, according to CoreLogic data, yet rent rates remain at an all-time high. Could this be the right time to finally move out of the rental trap and into home ownership? Here’s what you need to know.

  • By Shivaune Field
  • Business Journalist

Why value engineering could hold the key to Australia’s construction constraints

Knight Frank’s chief economist says there is opportunity for those who can ‘value engineer’ construction constraints. He also sees prospects in build-to-sell, build-to-rent, and Brisbane.

  • By Shivaune Field
  • Business Journalist

How Ed Craven is changing Australia’s ‘trophy home’ real estate

Tracey Atkins from Forbes Global Properties reveals how young tech entrepreneurs Ed Craven and Scott Farquhar are changing the high-end property game, and what’s afoot in residential real estate across the country.

  • By Shivaune Field
  • Business Journalist

Barstool Sports founder Dave Portnoy sets new record with $42 million mansion purchase

The 1.2-acre Nantucket home sold for a whopping $42 million—plus another $2 million for furniture—making it the most expensive residential sale in Massachusetts history.

  • By Brian Bushard
  • Forbes Staff

Airbnb stock craters as co-founders lose US$3 billion in one day

Airbnb cofounders Nathan Blecharczyk, Brian Chesky and Joe Gebbia are now $12 billion poorer than they were two years ago.

  • By Derek Saul
  • Forbes Staff
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