📈 Today's Commercial Property & SMSF News
Gold Coast Home Goes Viral, Nears One Million Views
A luxury Gold Coast property named 'El Fin' has rapidly gained popularity online, attracting nearly a million views within a day of being listed. The three-level home, located in Bonogin, features high-end amenities like an infinity pool with a fire pit, a cocktail bar, cinema, gaming arcade, and rooftop golf green. The property, owned and built by Mitchell and Felicity Micallef, will be auctioned on December 9.
Source: www.news.com.au
Spring Property Market Heats Up Amidst Rate Cuts and Buyer Schemes
Australia's spring property market is experiencing increased activity, driven by three interest rate cuts and new government schemes for first-time buyers. While buyer demand is rising, sellers currently hold the advantage in most major markets due to limited supply. New listings in Sydney and Melbourne have increased year-on-year, according to REA Group data from October.
Source: www.news.com.au
Luxury Brisbane Penthouses Listed for $13 Million
A new development in New Farm, Brisbane, called 'Arcilla' is offering nine luxury homes, with penthouse suites priced at $13 million. The five-story building, designed by Joe Adsett Architects, draws inspiration from Spanish mission architecture. The three-bedroom units in the building start at $5.35 million, with expected completion in early 2027.
Source: www.news.com.au
BHP Liable for Brazil Dam Collapse Compensation
BHP has been found liable to compensate victims of the 2015 Fundao tailings dam collapse in Brazil, a disaster that resulted in 19 deaths and significant environmental damage. The company, which co-owned the site through the Samarco joint venture, has already invested billions in remediation and compensation but has also faced numerous lawsuits from affected individuals and communities.
Source: www.smh.com.au
Tax Agent Banned for $900,000 Client Refund Fraud
A regional NSW accountant, Randolf Rindfleish, has been barred from providing tax services for three years after an investigation revealed he stole over $900,000 from clients. The Tax Practitioners Board (TPB) found that Rindfleish diverted ATO refunds intended for 58 clients into his own bank accounts between July 2020 and September 2023. He accomplished this by submitting fraudulent business activity statements, income tax returns, and JobKeeper applications using the tax agent numbers of firms where he was employed.
Source: www.abc.net.au
📊 Yesterday's Key Developments
Seller Surge: Home Listings Hit Decade High Amid Price Boom
Australia's property market is experiencing a surge in new listings as homeowners seek to capitalize on rising prices and strong buyer demand. New listings across the country increased by almost 22% last month compared to September, with capital cities seeing a larger increase (24%) than regional areas (17.5%). Sydney's new listings reached a 10-year high, up 20% from the previous month and 6% higher than October of the previous year. Melbourne recorded an even larger monthly increase in listings.
Source: www.realestate.com.au
Melbourne Suburbs Experience Massive Property Value Growth
New analysis reveals that over 40 Melbourne suburbs have seen property values increase tenfold since the mid-1990s. Suburbs on the Mornington Peninsula, including Blairgowrie, Portsea, and Sorrento, have shown the most significant long-term growth, with typical home values now 13 times higher than they were 30 years ago. Buyers who purchased properties for under $100,000 in 1995 have seen their value increase by over $1 million. Ashburton, located in the eastern suburbs, has experienced a more than twelvefold increase in value during the same period, pushing its median price above $2 million.
Source: www.realestate.com.au
Big Bank Expert Offers Advice for Confused Home Buyers
With interest rates currently stable, a National Australia Bank executive, Denton Pugh, has outlined key questions prospective home buyers should consider to navigate the complexities of the current property market. As the year's final property listings are released, many Australians are contemplating whether to buy now or wait until next year. Despite stable interest rates, rising property prices create uncertainty for buyers.
Source: www.realestate.com.au
Over-50s Buyers Drawn to Lakeside Living and Lifestyle Amenities
Downsizing trends have shifted, with over-50s buyers now prioritizing design, access to nature, and lifestyle-rich communities. The 2025 Downsizing Australia Report highlights this change, noting that buyers are seeking beautiful homes, social connections, wellness amenities, and a sense of place. Premium over-50s resorts, like GemLife Moreton Bay, are attracting buyers with their lifestyle-focused offerings.
Source: www.realestate.com.au
Lifestyle Drives Over-50s Downsizing Trends
A recent report indicates that Australians over 50 are now prioritising lifestyle and design when downsizing, with a focus on nature and community. Maintenance reduction is no longer the primary driver; instead, buyers seek beautiful homes, social connections, wellness amenities, and a strong sense of place within premium resorts.
Source: www.realestate.com.au
DCWC Provides Comprehensive Project and Cost Management Services
Donald Cant Watts Corke (DCWC) has established a 60-year reputation for providing complete project services, integrating project and cost management across various sectors and numerous significant projects. DCWC's expertise extends to industries such as aged care, aviation, community infrastructure, education, health, sports and leisure, and student accommodation, assisting organizations of all sizes. The Western Australian team has contributed to some of the state's most intricate and prominent developments.
Source: www.businessnews.com.au
Finding Purpose in Career Choices Outweighs Passion Alone
The article challenges the conventional wisdom of solely pursuing one's passion in career choices, arguing that it can lead to confusion, inequality, and burnout. It suggests that purpose, defined by contribution, growth, and alignment with values, provides a more stable framework for career decisions. The article highlights the importance of considering the impact one wants to make and the problems one wants to solve when choosing a career path, as demonstrated by the career aspirations of Year 12 students.
Source: www.businessnews.com.au
Published: Saturday 15 November 2025 | Fresh Articles: 25 | Sections: 12 | RunID: 2025-11-15T08:10:43+11:00
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