Van Tuil News Today

Meadville Redevelopment Authority (RDA) members on Wednesday voted 4-0 to table consideration of sale of a portion of the former Park Avenue Cinema property and declined to offer any details

On Tuesday — or an undetermined number of vote-counting days later — Crawford County will welcome two new commissioners and local school districts could see up to a half dozen

The harbourside city has seen the third highest growth in luxury residential rents over a 12-month period in a global index of 10 cities.

Among Australian ultra-high-net-worth individuals (UHNWIs) the top three investments of passion last year were art, cars, and watches, according to Knight Franks latest luxury investment index (KFLII).

Speaking to AFR, Place Studio co-founder James Alexander-Hatziplis explains that home buyers who have been priced out of the housing market are considering apartment living, provided it delivered similar advantages such as a third bedroom that could be used as a study or an extra living room, more living space, rooftop cinemas and shared event spaces, spas and managed gyms, flexible workspaces, storage, and winter gardens among others.

Hotels, Airbnb, and coastal holiday homes are filling in the gap as luxury rentals remain scarce in the city of Sydney

Prices in some of the city’s more expensive suburbs were boosted by scarce supply and increasing demand from buyers keen to take advantage of a decline in values sparked by rising interest rates.

  While a global real estate agency revised growth estimates for Australia’s luxury market capital growth in 2023 on account of looming headwinds, it predicted that one capital city is poised for a golden year. 

While the era of strong price growth has ended for Australia as a whole, Brisbane and Adelaide have emerged as the last strongholds amid the market downturn sweeping across the country. 

The mega-rich are snapping up apartments in Sydneys newly completed One Barangaroo tower. The Crown branded project offers five-star luxury amenities and 24-hour concierge staff.