📈 Today's Commercial Property & SMSF News
Queensland Regions Experience New Home Building Boom
Jimboomba, a rural suburb within Logan City, Queensland, leads the state in new building approvals, according to the Australian Bureau of Statistics. In the 2024/2025 financial year, the area recorded 2072 approvals. Queensland saw a total of 38,102 new home approvals, an increase from the previous year's 32,976. However, this figure remains below the 49,200 homes needed annually to meet Queensland's commitment to the National Housing Accord, which aims to deliver 1.2 million new homes nationwide.
Source: www.news.com.au
Award-Winning Feng Shui Home on the Market
A four-bedroom executive home in Zuccoli, Northern Territory, is for sale. Built by Beare Homes, the property won the Best Project Home award at the 2023 Master Builders NT awards. The owners designed the house with spaciousness and low maintenance in mind, incorporating feng shui principles. A welcoming area at the front provides space for guests, and shoe storage is built into the cupboards.
Source: www.news.com.au
Parents Purchase Multiple Apartments for Family Living
An increasing number of Australian parents are directly investing in multiple apartments within the same development to house their families. One family purchased two off-the-plan apartments in Castle Hill's Carrington Place, with the parents residing in one unit and their children living independently in the other. The building is expected to be completed in mid-2026.
Source: www.news.com.au
Netflix Eyes Acquisition of Warner Bros. Discovery's Entertainment Assets
Netflix has reportedly offered $US72 billion to acquire Warner Bros. Discovery's TV, film studios, and streaming division, outbidding Paramount Skydance. This acquisition would give Netflix control of major franchises like Game of Thrones, DC Comics, and Harry Potter, significantly strengthening its position in Hollywood and the streaming market. Netflix believes the deal will shape the future of storytelling.
Source: www.smh.com.au
📊 Yesterday's Key Developments
Sydney's New Home Approvals Plummet in Former Boom Suburbs
New data reveals a significant decline in new home approvals in several Sydney suburbs that were previously construction hotspots. Suburbs like Sydney Olympic Park, Arncliffe–Bardwell Valley, Kellyville–West, and Greenwich–Riverview have experienced a sharp decrease in approvals, with some areas seeing an annual drop of up to 800 homes. This slowdown indicates a shift in NSW's housing development landscape, impacting areas with available expansion capacity.
Source: www.realestate.com.au
Bendigo Estate Shatters Residential Price Record with $4.35M Sale
A luxury hilltop property in Sedgwick, near Bendigo, has been sold for $4.35 million, setting a new benchmark for residential property prices in the region. The sale of the acreage home at 97 Noonan Drive occurred before the property was even listed online, with the buyer securing the deal after the first inspection. This sale surpasses the previous record by over a million dollars, marking a significant shift in central Victoria’s prestige property market.
Source: www.realestate.com.au
Adelaide's Construction Approvals: Boom in Some Areas, Bust in Others
New data highlights contrasting trends in Adelaide's construction sector, with some suburbs experiencing a surge in building approvals while others face a decline. Munno Para West – Angle Vale leads in approval growth, with 414 more approvals compared to last year. Hindmarsh – Brompton and Prospect have also seen significant increases. Master Builders SA reports an overall rise in new home approvals for October, indicating positive momentum in certain areas of the city.
Source: www.realestate.com.au
Share Housing on the Rise Among Older Australians in South Australia
A recent survey indicates a growing trend of share housing among older Australians. The Flatmates.com.au National Share Accommodation Survey reveals a notable increase in respondents aged 55-64 seeking shared accommodation, rising from 9% last year to 15% this year. This suggests that more older individuals are turning to share housing as a means to afford housing.
Source: www.realestate.com.au
Coastal Land in Port Elliot Sells for More Than the Median House Price
High demand for property in Port Elliot has led to vacant land fetching premium prices, exceeding the median house price in the area. Two vacant blocks were recently sold for substantial amounts, with one at 22 Strangways Tce selling for $1.575 million at auction. The scarcity of available land, particularly in prime locations, is driving up prices in this coastal holiday hotspot.
Source: www.realestate.com.au
Fashion Maven Secures Full Tenancy at Former 'The Age' Building in Melbourne
Media House, previously home to The Age newspaper, has achieved full occupancy after being acquired by Najee Imam's company for $110 million. The building, comprising 16,600 square metres across seven levels, was vacated by The Age and the Australian Financial Review in 2019 when they relocated to Nine's offices. Fairfax Media had originally signed a 20-year lease in 2009 for the building.
Source: www.smh.com.au
Fashion Figure Secures Full Tenancy at Former 'The Age' Headquarters
After several years of partial vacancy, Media House, previously the home of 'The Age' newspaper in Melbourne's Collins Street, has achieved full occupancy. The building was acquired by Najee Imam's company for $110 million last year from GPT. 'The Age' and the Australian Financial Review relocated to Nine's Bourke Street office in 2019, ending their 20-year lease signed in 2009. The initial lease reflected a yield of 7.5 per cent.
Source: www.theage.com.au
APRA Proposes Three-Tiered Banking Prudential Framework
APRA is seeking feedback on a proposal to introduce a three-tiered system within its banking prudential regulations to foster greater competition, especially among smaller and mid-sized banks. This initiative stems from the Council of Financial Regulators’ assessment of small to medium-sized banks. Currently, banks are categorized as either significant or non-significant financial institutions, with the former facing stricter requirements. APRA's discussion paper suggests creating a new category, 'Most Significant Financial Institutions' (MSFIs), for banks exceeding $300 billion in assets, subjecting them to even more stringent regulations.
Source: www.apra.gov.au
Published: Saturday 06 December 2025 | Fresh Articles: 25 | Sections: 12 | RunID: 2025-12-06T08:11:13+11:00
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