Mat Steinwede has gone from being homeless and on Australia’s Most Wanted List to amassing a multimillion-dollar real estate empire. So how did he do it? It’s a rags to riches story that feels like a plot ripped from the pages of 10’s Underbelly series. Steinwede, 50, landed his first job as a bouncer on Sydney’s Oxford Street in his late teens, where he quickly got caught up in the rampant drug...
by Tony Lawson 
A savvy way to pick a potential property hotspot is to seek out the "ugly duckling” suburbs — according to one of Australia’s leading real estate experts. Terry Ryder, director of Hotspotting, has named five city spots around Australia he considers to be underachievers with a promising future in his latest report, Top 5 Cheapies With Prospects. RELATED: Why your next home buy should be...
by Tony Lawson 
A West Lakes home that featured in Natalie Imbruglia’s leading lady debut film has sold in a million-dollar deal. The three-bedroom house at 35 Birkdale Grove was snapped up at auction for $1.277 million. “It was a ll family who had been looking for a little while,” said Ms Auricchio, who sold the property with Nick Carpinelli. “The majority of prospective buyers were looking to live...
When you're starting out, buying and selling property can seem scary and confusing. There's a lot of stuff to know, and it can be overwhelming. Never fear, because the people who can help you through this maze are actually pretty cool. There's no dorks here, just normal guys and girls who'll show you how the whole process works. Make sure you've got a great broker. Someone who ideally works for...
The Adelaide CBD office market remains resilient amongst the higher interest rate environment, with a new report showing that higher rents are helping offset lower prices. Knight Frank’s Adelaide CBD Office Market Report found 10 transactions above $10 million settled for office asset sales over 2022, reflecting a total sales volume of $531.14 million, which was a 95% increase from $271.96 million...
by Tony Lawson 
The AUKUS submarine plan, which may cost Australia upwards of $300 billion over the next 30 years, will have an enormous impact on the property and rental markets of the suburbs that will house the new workforces. When the costliest defence project in Australia’s history is focused on just a few coastal locations, a major impact on those local property and rental markets appears inevitable. Australia...
by Tony Lawson 
There’s still some signs the property market remains healthy despite some grim outlooks from market analysts. PropTrack’s report on the national housing market in February shows a rise in housing prices in most capital cities but notes new listings are way down on the same time in 2022. “New listings in capital cities picked up in February ahead of the autumn selling season, rising 26.6 per cent...
by Tony Lawson 
Adelaide is the only capital city market with new record high house and unit prices, bucking a national downward trend, according to the latest report from real estate company Domain. According to the report, Adelaide property prices have continued to rise since December 2021, with a minor increase in the past four months. Houses in Elizabeth South, Elizabeth North and Croydon Park experienced the highest...
A boating enthusiast has splashed a significant sum to secure a prime marina berth. Marina berth 325/4 at Holdfast Promenade in Glenelg, Adelaide, sold on February 28 for $355,000. Listed by Heath Lapthorne of Taplin Real Estate, the marina berth is nearly the same price as an apartment in the South Australian capital. Domain’s December 2022 Quarter House Price Report reveals the median price for...
by Tony Lawson