The Gold Coast economy has grown by 25 per cent since 2020/21 to surpass $55 billion, but perhaps the more significant story is what sits behind the headline number.

For decades, the Gold Coast has been viewed through the lens of tourism, lifestyle and population growth. The latest State of the City Report suggests that perception is increasingly out of step with reality.

Released by Invest Gold Coast, the report ranks the Gold Coast as Australia's largest non-capital city economy and, perhaps more notably, second nationally behind Sydney for Economic Complexity, a measure that assesses the diversity and sophistication of an economy.

It's a result that places the Gold Coast ahead of Melbourne, Brisbane, Perth and Adelaide, highlighting the extent to which the city's economic base has broadened beyond its traditional industries.

Today, the Gold Coast supports more than 350,000 jobs, is home to over 83,000 businesses and generates $19 billion in annual exports. Manufacturing now accounts for 62 per cent of international export growth, while sectors including health, education, advanced manufacturing, technology and professional services are becoming increasingly important contributors to the local economy.

[smartcode_project:default project_id=150017 project_image_fid=372547]

Gold Coast Mayor Tom Tate said the report confirmed the city's evolution into one of Australia's most significant economies.

"The Gold Coast economy continues to grow at an incredible pace. This is no surprise to those of us who have watched the evolution up close," Mayor Tate said.

"As one of the most entrepreneurial, investment driven and opportunity focused economies in the country our ambition has been realised and possibilities are endless.

"The Gold Coast has built a reputation as the city that says yes. We say yes to investment, yes to opportunity and yes to people who want to build something.

"It's this mindset helping us drive major growth across health, advanced manufacturing, screen production, marine, technology and the knowledge economy."

[smartcode_project:default project_id=149670 project_image_fid=360975]

While population growth has been one of the defining stories of the past decade, the report points to a broader economic transformation taking place.

The city's knowledge economy now contributes $7.9 billion annually and supports around 31,000 jobs, while the health and wellbeing sector contributes $5.2 billion and employs more than 42,000 people. Together, the six priority sectors identified in the report account for almost $24 billion in economic output and more than 145,000 jobs.

One of the strongest examples is the Gold Coast Health and Knowledge Precinct at Southport. The 200-hectare precinct now contains more than $5 billion worth of health, education, research and innovation infrastructure and supports over 16,000 jobs.

The report also highlights the growing role of advanced manufacturing, particularly in aerospace, defence and modular construction.

Gold Coast-based Gilmour Space Technologies recently became the first Australian commercial company to attempt an orbital launch, while companies including Modscape and ModnPods are helping establish the Yatala-Stapylton corridor as one of Australia's fastest-growing advanced manufacturing hubs.

The city's entrepreneurial culture is also translating into business growth.

Since 2019/20, the number of businesses operating on the Gold Coast has increased by 22 per cent, while firms employing more than 200 people have grown by 80 per cent. The report suggests the next challenge is converting more local start-ups and medium-sized businesses into nationally significant companies.

Development activity remains another key indicator of confidence.

There are currently more than $23 billion worth of major projects underway across the Gold Coast, supported by a record 75 active cranes, a figure that now exceeds Brisbane and represents a 150 per cent increase since 2016.

[smartcode_project:default project_id=112024 project_image_fid=343235]

Importantly, the report notes the next phase of investment will need to extend beyond residential development.

While 93 per cent of crane activity is currently tied to housing, Invest Gold Coast argues future investment will increasingly need to focus on cultural, civic, infrastructure and industry-enabling projects that strengthen the city's long-term economic resilience.

Invest Gold Coast Chair Will Hodgman said the city was now benefiting from years of economic diversification.

"What is happening on the Gold Coast is the result of the city's economic base broadening, fuelled by industries with long-term, high-growth potential," Mr Hodgman said.

"This is no longer a secondary Australian economy, the Gold Coast is becoming a globally connected city with deeper capability across health, knowledge and creative industries, advanced manufacturing, technology and exports."

[smartcode_project:default project_id=108274 project_image_fid=365786]

Looking ahead, the Gold Coast's population is projected to exceed one million residents by 2046.

For a city that was once largely defined by tourism and lifestyle, the latest figures suggest the Gold Coast is becoming something more significant, one of Australia's most diverse and economically sophisticated urban economies, and increasingly one that national and international investors can no longer afford to overlook.

Joel Robinson

75 cranes, $23 billion pipeline and a $55 billion economy: Inside the Gold Coast economic boom

Ron Bakir's Homecorp has sold more than 75 per cent of the apartments in its wellness-driven Florence Residences in Surfers Paradise following its first weekend release.

The <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">26-storey project on Monte Carlo Avenue</a>, which commenced construction earlier this year, has seen a flurry of buyers secure their slice of the Gold Coast's latest wellbeing-focused offering in one of the nation's most competitive property markets.

Since the pandemic, the Gold Coast's population has grown by more than 11 per cent, a rate approximately four times faster than Sydney's, driven largely by lifestyle changes and interstate migration. While buyer activity has moderated in some markets nationally, demand for newly built dwellings on the Gold Coast continues to gain momentum as purchasers increasingly prioritise lifestyle, amenity, wellbeing, liveability and long-term investment potential.

&nbsp;

[smartcode_project:default project_id=150414 project_image_fid=372743]

Homecorp CEO Ron Bakir says buyers today are looking for more than just a home.

"What we are seeing is a shift in how people define value in property," Bakir says.

"What attracts residents to new developments is a desire for more than just a residence. They are looking for a place that complements their lifestyle, supports their wellbeing and reflects the way they want to live into the future.

"Lifestyle, longevity, proactive health, wellbeing, connection and a sense of community are increasingly shaping purchasing decisions, particularly on the Gold Coast, where these factors continue to be a major drawcard."

[smartcode_project:default project_id=150414 project_image_fid=372744]

Bakir says Homecorp is responding to this shift through an approach that places greater emphasis on design, amenity and experience working together to create places that feel considered, connected and enduring in value.

Inspired by Eastern European design, Florence Residences will comprise 120 apartments alongside a private residents-only wellness club featuring a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium, and a spacious yoga and Pilates studio.

The development will also feature a residents-only lounge with private dining facilities and a rooftop bar, premium outdoor entertaining areas, a hotel-style lobby lounge, generous bike parking, and pet-friendly amenities including a heated dog wash.

[smartcode_project:default project_id=150414 project_image_fid=372742]

A limited number of apartments remain available, with an exclusive collection of four-bedroom sub-penthouses set to be released in the coming months.

Florence is one of the latest additions to Homecorp's expanding multi-billion-dollar property portfolio, which also includes plans for a <a href="https://www.apartments.com.au/news/qld/homecorp-lodges-plans-for-260-million-moroccan-bathhouse-inspired-tower-in-budds-beach">$260 million development in Budds Beach</a> tailored to the growing wellness market.

A development application has been lodged for a 27-storey, 156-residence tower at 8–10 Acacia Avenue and 25–27 Oak Avenue, featuring a residents-only Moroccan spa-inspired sanctuary.

Apartments at Florence Residences are priced from $1,249,000, with construction expected to be completed by late 2027.

[smartcode_project_cta:default project_id=150414]

Buyers rush to Homecorp's Florence Residences as Gold Coast wellness trend gains momentum

The NSW Government has expanded its $1 billion Pre-sale Finance Guarantee program, broadening access for affordable housing providers and smaller residential developments as it seeks to accelerate housing delivery across the state.

The Minns Government says the program has already helped bring forward more than 600 homes across Sydney and regional NSW since launching in September 2025, with similar models now adopted in South Australia and Western Australia.

The latest changes, announced by Treasurer Daniel Mookhey and Minister for Planning and Public Spaces Paul Scully, are designed to improve access to finance for projects that have planning approval but are struggling to secure funding.

Among the key changes is an expansion of support for community housing providers. The program will now support up to 100 per cent affordable housing projects valued at up to $30 million when delivered by not-for-profit providers, while support for larger affordable housing developments will increase for projects worth up to $80 million.

The government says the changes will help accelerate the delivery of housing for low-income workers, older people, people living with disability, and those at risk of homelessness, while reducing reliance on direct grants or subsidised loans to bridge funding gaps.

The eligibility criteria for smaller residential developments have also been broadened. The previous $5 million minimum project value threshold has been removed and replaced with a requirement that projects deliver at least four homes.

Support has also increased for projects delivering fewer than 20 homes, with the guarantee now able to cover up to 75 per cent of dwellings in a development, capped at $30 million per project.

The changes are expected to particularly benefit smaller-scale and regional developments, which often face greater challenges meeting pre-sale requirements imposed by lenders.

Treasurer Daniel Mookhey said the scheme demonstrates how government can use its balance sheet to stimulate housing supply without relying solely on taxpayer-funded grants.

"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster," Mookhey said.

"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."

Planning Minister Paul Scully said the program had already proven effective in bringing stalled projects to market.

"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments," Scully said.

"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most."

Housing Minister Rose Jackson said the expansion would help community housing providers overcome financing barriers that often delay projects.

"We know community housing providers are ready to build more homes, too often they're held back by barriers to finance," Jackson said.

"Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner."

The announcement was welcomed by the Property Council of Australia, which has long advocated for measures aimed at improving project feasibility and access to finance.

Property Council NSW Executive Director Katie Stevenson described the expansion as a practical intervention that addresses one of the most immediate constraints on housing delivery.

"This is exactly the kind of practical intervention we need right now, focused on getting projects out of the ground, not just approved," Stevenson said.

"It builds on a model the Property Council has worked closely with government to develop following calls for such a scheme ahead of last year's NSW Budget, so it's great to see it being expanded."

Stevenson said the reforms would help unlock projects that are ready to proceed but have been delayed by financing challenges. However, she noted that broader feasibility issues remain a significant barrier to increasing housing supply.

"The biggest challenge in NSW housing today is delivery. Too many projects have planning approval but are simply not financially viable to proceed under current settings," she said.

Speaking at the Property Council's NSW Housing Summit, Housing Minister Rose Jackson acknowledged that feasibility and financing pressures continue to constrain housing delivery, while reaffirming the government's commitment to work with industry on solutions.

Stevenson said the government's recognition of those challenges was encouraging ahead of next week's state budget.

"It's positive to see the government clearly recognising that feasibility pressures are now a binding constraint on supply," she said.

"With the Budget just days away, the focus must be on backing delivery, making sure projects stack up, finance can flow, and more homes can move from approval to construction."

The expanded Pre-sale Finance Guarantee forms part of the NSW Government's broader housing agenda, which also includes planning reforms, the NSW Housing Pattern Book, and a series of rezonings intended to increase housing capacity across the state.

NSW expands Pre-sale Finance Guarantee to unlock more affordable and regional housing

Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

&nbsp;

[smartcode_project:default project_id=146717 project_image_fid=372212]

Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

[smartcode_project:default project_id=146717 project_image_fid=372227]

Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

[smartcode_project:default project_id=146717 project_image_fid=372225]

While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

[smartcode_project:default project_id=146717 project_image_fid=372222]

The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

[smartcode_project_cta:default project_id=146717]

Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

[smartcode_project:default project_id=134323 project_image_fid=6395]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

[smartcode_project:default project_id=134323 project_image_fid=6399]

Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

[smartcode_project:default project_id=134323 project_image_fid=353235]

A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

[smartcode_project:default project_id=134323 project_image_fid=6390]

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

[smartcode_project_cta:default project_id=134323]

The Walden pairs house-scale living with North Sydney connectivity

Title Tattle

<html><body>
The Sydney Rooster hardman Jared Waerea-Hargreaves and wife, Chelsea have spent $3.1 million upgrading their <a href="https://www.realestate.com.au/sold/property-house-nsw-mosman-125477854" target="_blank">Mosman</a> home.
The New Zealand born prop and his wife recently secured the modernised 1920s home.
The purchase would appear to rule out Waerea-Hargreaves's contemplation of a move to the Eastern Suburbs.
He even suggested he liked the idea of "taking over Anthony Minichiello’s title of the ‘Lord of Bondi’."
But his links to the northern side of the harbour proved too strong since he first moved to Sydney, which was ten years ago.
The acquisition is set to be their family home with two year old daughter Zahli-Rae.
The couple, who wed at Byron Bay then Hamilton Island late last year, offloaded a $1.46 million Mosman townhouse ahead of the upgrade to the recently renovated four bedroom home.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/25/55%20Countess%20Street-2.jpg" alt="">
The two level house features a formal living room with fireplace and a rear garden with courtyard terrace.
The upper level of the home is dedicated to the parent's retreat, comprising a walk-in wardrobe, ensuite with spa and balcony with district views.
Simeon Manners estate agents Simeon Manners and Richard Simeon, who are more often selling homes to the rugby union fraternity than league players, sold the home that had last traded for $1,645,000 in 2003. 
The couple retain a Cammeray investment property.
Waerea-Hargreaves first began his career at the Manly Sea Eagles when scouted despite never playing rugby league.
He'd actually started as a rugby union hopeful at the Waratah's Academy.
After making his debut in 2009, Waerea-Hargreaves became a signing for the Roosters a year later.
He played in the 2010 Grand Final loss to the St George-Illawarra Dragons.
Three years later he avenged the loss by starring in the 2013 Grand Final win against former club Manly.
In 2014 he turned down a lucrative multi-million dollar contract to join the Canberra Raiders after he learnt he was going to be a dad.
The Roosters sit second in the ladder and are well on course for a top four finish.
</body></html>

firstname1-iYD4UYzvBa

Sydney Rooster Jared Warea-Hargreaves upgrades Mosman house

<html><body>
The former City of Sydney alderman Kathryn Greiner has settled on a luxury penthouse in Paddington - secured on the quiet through The Agency in a unheralded, much needed break-through sale for the new estate agency.
She has spent $4 million on the whole floor penthouse in the award-winning Paddington Green, former Royal Hospital for Women precinct.
It was sold by LHC Capital co-founder Marcus Hughes, who had bought it three years ago for $2.9 million and secured approved plans to reconfigure the indoor and outdoor living space.
A 213 sqm deep landscaped terrace wraps around the 125 sqm three bedroom apartment.
The off-market sale was secured in May through The Agency's Ben Collier in his first penthouse deal.
The unheralded early August $4 million settlement sits amid the Collier team's $175 million in 2017 sales, of which he's calculated $101 million were off-market.
Collier did not enter the most recent REB Top 100 agents rankings, but his prior personal annual sales tally came in at $278 million.
Greiner served as the City of Sydney Alderman from 1995 to 2004.
She first contested the Sydney City Council election in 1995 as an independent aligned with the Liberal Party.
She outpolled sitting Lord Mayor of Sydney Frank Sartor on the primary vote but lost to him on preferences.
Greiner has served as the chair of the ministerial advisory committee on ageing since 2012.
She is heading an inquiry that will see retirement village operators face new regulations and an inquiry from the NSW Government into the sector after local residents and others campaigned for change.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/18/214%20Young%20Street-2.jpg" alt="">
Greiner is the second daughter of the late merchant banker Sir Bede Callaghan, who was chairman of the Commonwealth Bank and Chancellor of the University of Newcastle.
She may be spending her proceeds of the Illawarra coastal retreat that she shared with her ex-husband, former NSW Premier and Federal Liberal Party president Nick Grenier.
They sold the Otford home last year for $2.9 million to interior designer Thomas Hamel.
In 2014 they sold their Federation-era Centennial Park mansion for $6.25 million to homewares importer Margaret Butler.
The former husband and wife power couple married in 1970 and worked in the USA before returning to Australia. living in the upper North Shore's Wahroonga.
They split in 1995, the same year Kathryn was made Alderman of the City of Sydney. They reconciled shortly after but split again a few years ago.
The Agency is also accepting credit for the $18.75 million sale of the Brett Blundy Cattai estate, Sweven which was marketed by a veteran local agency.
Details on the deal have been supposedly subject to strict confidentiality orders, but The Agency's association didn't go unheralded for long. 
</body></html>

Kathryn Greiner secures Paddington penthouse through The Agency

<html><body>
The prominent economic bear Gerard Minack was one investment analyst who warns of a recession as Australia ended its once in a century mining boom. 
Now he turns up on Monday's Four Corners with the ABC program investigating the forces driving our debt fuelled housing boom.
The program drew together key bearish experts to map the danger zones in the housing market.
It also revealed the Australian suburbs currently experiencing the highest levels of mortgage stress in the boom market.
"I don't know when we get a downturn that pops this, but sure as hell one's coming," he told 4 Corners.
Gerard Minack, the former head of developed market strategy at Morgan Stanley, said Australia had been led down this path by current tax arrangements and lenders who had been increasingly willing to leverage up borrowers.
This, he said, had created “a massive affordability problem” that will exacerbate the pain associated with any downturn.
Australia now has a household-debt-to-income ratio of 190 per cent.
“For every $1 of household income, there’s [nearly] $2 of debt,” Mr Minack said.
Ofcourse Minack quietly upgraded Mosman homes a little while back, with hushed commentary coming from his former colleagues at Stanley Morgan.
He purchased a Mosman property for $4.2 million through agent Ben Svenson at Century 21 Mosman.
The completely rebuilt three storey house is nestled away in a private location with views of Middle Harbour. Locals say he bought well as the block cost $2,725,000 some 10 years ago.
Minack's former Spencer Road Federation has sold for $3.1 million having paid $1.2 million in 1999. His 15 year ownership saw the property value appreciate at an annual rate of 6.45%.
Both homes featured five bedrooms but his new acquisition comes with those prized views.
In 2015 before his purchase Minack forecast when "we get across-the-board unemployment then we’ll get an across-the-board downturn in house prices; it’s just a matter of time."
</body></html>

Bearish economist Gerard Minack upgrades in Mosman

<html><body>
The pioneering fashion retailer Robby Ingham and his wife Sarah have finally sold their Tamarama home.
It comes a year after they moved around the corner where they finished construction of their new home.
The redundant five bedroom home had point blank ocean vista with views back towards beach.
Given its position above the popular coastal walk, the garden on the 440 sqm double block featured a sheltered entertaining area.
There was also  a 25 metre lap pool that spanned the Gaerloch Avenue property.
It had been on the books of Pauline Goodyer of Goodyer Real Estate, with the advertising only coming down earlier this month.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/21/ingham_0000_i1.jpg.jpg" alt="">
There's been no price sale price indication, by Goodyer who thought it was sold last August when the then $14 million buyer walked away.
It was back in 1994 when Ingham paid $810,000 keener for the offering than film producer Rebel Penfold Russell who stayed instead on the Ben Buckler peninsula at Bondi. 
Ingham bought the adjoining block in 2004 allowing the 2008 home extension renovation.
Ingham, in an early show of entreprenuerial independence from his chicken producing family, opened his first store on Oxford Street in 1983.
His imported designer clothes were soon worn by the fashion set of Sydney. 
After 32 years Ingham decided to shut up shop in 2015, retiring given the trend towards online shopping had dented trade and his joy of face to face customer interaction.
Ingham also owns in Gerringong, a 40-hectare parcel where he's building a retreat with tennis court, pavilion, barn, stables and pool.
This article was first published in the Saturday Telegraph.
</body></html>

Pioneering fashion retailer Robby Ingham and his wife Sarah finally sell in Tamarama

<html><body>
Telstra chief executive officer Andy Penn is selling his South Yarra home.
It was bought new seven years ago for $2.35 million.
The UK-born executive migrated to Melbourne in 1992 and joined Telstra in 2012 as their chief financial officer.
He expects between $3 million to $3.3 million for the Peter Street home at its September 2 auction.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/16/6%20Peter%20Street-2.jpg" alt="" style="font-size: 12.16px;">
 
</body></html>

Andy Penn, the Telstra CEO, lists South Yarra house

<html><body>
Real estate developer and horse enthusiast Jon Haseler has listed his luxury Teneriffe riverfront in the award-winning Catalina development.
Haseler, who owns leading stud Glenlogan and is the managing director of QM Properties, paid $3,785,000 for the home on the exclusive Macquarie Street riverfront in 2014.
The 490 sqm freehold residence with cutting edge design is one of 23 in the Catalina development.
The three level home with four bedrooms, study, games room and multiple living areas has panoramic views of the river framed by floor to ceiling glass.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/15/TitleWA2.jpg" alt="">
Ray White New Farm agents Matt Lancashire and Brandon Wortley have set a September 2 auction. 
This article was first published in the Weekend Australian Mansion Australia property section.
 
 
 
</body></html>

Horse enthusiast Jon Haseler lists in Teneriffe

<html><body>
Cronulla Sharks director Craig Airey and wife Janelle have expanded their already impressive property portfolio.
This time it is a $2.7 million three-bedroom penthouse in Cronulla's beachfront Casa de Mare complex. 
It's quickly been leased at $1,400 a week, reflecting a 2.7 percent yield for the apartment that previously traded for $1.3 million in 2000.
The open plan living and dining spaces and the master bedroom open to the wrap around alfresco entertaining terrace with ocean views.
The further two bedrooms open to a rear balcony with views over Woolooware Bay to the city.
Late last year the Buraneer-based couple secured a three bedroom apartment off the plan in the Opera Residences at Circular Quay.
They paid $7.7 million for the west-facing apartment designed by Tzannes Architects in collaboration with Crone Partners.
Completion is not scheduled until 2020.
</body></html>

Cronulla Sharks director expands portfolio with $2.7 million penthouse

<html><body>
Olympian and Commonwealth Games gold medal-winner Lauren Hewitt and her husband Richard are selling their Glen Iris home.
Hewitt, a gold-medalist in the 4x100 metre relay and bronze medalist in the 200 metres, paid $2 million for the home with Richard in 2009.
Set in the Muswell Hill precinct, the <a href="https://www.realestate.com.au/property-house-vic-glen+iris-126046346" target="_blank">1920s art deco residence</a> has four bedrooms and two bathrooms.
Between $2.8 million and $3.08 million through Marshall White agents Zali Reynolds and James Redfern, who have set an August 26 auction.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/11/14%20Britten%20Street-2.jpg" alt="" style="font-size: 12.16px;">
Hewitt won gold medals in the 4x100 metre relay at the 1998 Commonwealth Games in Kuala Lumpur and then another gold four years later in Manchester.
Since retiring Hewitt established the Lauren Hewitt Nutrition business.
The family are set to move overseas.
 
 
 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Olympian Lauren Hewitt lists Glen Iris house

<html><body>
Phillip Di Bella and wife Gianna, better known as the names behind the famous Di Bella Coffee, are selling their New Farm apartment.
The <a href="https://www.realestate.com.au/property-townhouse-qld-new+farm-126012146" target="_blank">Lower Bowen Terrace</a> unit was where it all began for the Di Bella's when they started their coffee roasting empire.
Gianna said they bagged a lot of coffee in the garage.
Spanning 150 sqm including a private courtyard, the split level home has two bedrooms and two bathrooms.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/11/2_578%20Lower%20Bowen%20Terrace-2.jpg" alt="">
Ray White New Farm agents Tom Lyons and Matt Lancashire are marketing the home for an August 19 auction.
Di Bella Coffee began as a small coffee roasting operation in Bowen Hills in 2002.
Phillip won the Ernst &amp; Young's Young Entrepreneur of the Year Award in 2008.
This article was first published in the Weekend Australian Mansion Australia property section.
</body></html>

jrobinson-rf4aSBido9

Di Bella Coffee owners lists New Farm apartment

<html><body>
Former Jim Beam Australia boss Phil Baldock and wife Tracy are downsizing in Manly.
They have listed their luxury <a href="https://www.realestate.com.au/property-house-nsw-manly-125995566" target="_blank">Manly Cove</a> home that they have architecturally recrafted and remodelled since paying $2.03 million in 2011.
The 1912 Federation terrace on the shores of Manly Cove sits at the end in The Strand row of four landmark terraces.
Spanning three levels, the keyless entry home has four bedrooms, a large study and a concealed bespoke wine cellar with domed roof and furnished with timbers.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/11/20%20East%20Esplanade-2.jpg" alt="">
Clarke &amp; Humel agents Michael Clarke and Cherie Humel are marketing the home.
The couple have spent $2,611,000 on a renovated three bedroom family home nearby.
Baldock was the president of Jim Beam's Asia Pacific/South America unit before he retired in 2013.
He previously held managing director position at the Coca Cola company and Energy Drinks.
</body></html>

Title Tattle

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Title Tattle

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News