Michael Bleby

Melbourne

Deputy Property Editor at Australian Financial Review

Deputy property ed @financialreview. [email protected] Property, housing, finance, construction, architecture. Some business of sport @michaelbleby.bsky.social

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Articles

Metrics Credit partners property developer Odus to deliver luxury $290 million apartment tower on Gold Coast’s Main Beach

4 days ago | afr.com | Michael Bleby

Jun 3, 2025 – 5.01pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? A two-level penthouse priced to sell for more than $20 million will be the showcase of a Metrics Credit Partners 31-apartment luxury building in Gold Coast’s Main Beach, after partnering with developer Odus to take over the site with approved plans from Rich List developer Harry Stamoulis.
Metrics, Odus pair to develop $290m Gold Coast tower

4 days ago | commercialrealestate.com.au | Michael Bleby

A two-level penthouse priced to sell for more than $20 million will be the showcase of a 31-apartment luxury building in Gold Coast’s Main Beach, after Metrics Credit Partners joined with developer Odus to take over the site with approved plans from Rich List developer Harry Stamoulis.
Queensland builder BESIX Watpac says industry must brace for more uncertainty

6 days ago | afr.com | Michael Bleby

Jun 2, 2025 – 11.38am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Builder BESIX Watpac, which has just returned to profit after two years of loss, says supply chain uncertainty created by Donald Trump’s latest steel tariffs announcement shows the construction industry has to once again respond to rapidly changing conditions.
Woollahra council’s Edgecliff junction sums up the national housing debate about density

1 week ago | afr.com | Michael Bleby |Paul Karp

May 29, 2025 – 7.04pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? The debate about boosting housing in urban Australia has blown open around an intersection in Sydney’s inner-eastern suburbs, where three planned developments adding 585 new homes are pitting the local council against the state government over transport and affordable housing.
Home buyers will pay $118,000 more for an energy-efficient house

1 week ago | afr.com | Michael Bleby

May 29, 2025 – 5.00am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? In 2021, Jenny Ku and her husband were looking for a new apartment in Liverpool. The couple was initially keen to find another two-bedroom unit in their south-eastern Sydney suburb, and started looking at apartments in the $500,000-$600,000 range.
12 houses, $165m: Rose Bay home owners join forces to sell mega block

1 week ago | afr.com | Michael Bleby

May 28, 2025 – 4.46pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? The owners of 12 properties in eastern Sydney’s Rose Bay are putting their collective 5978-square-metre site up for sale, prompted by recent NSW government reforms to encourage medium-rise infill housing development – and want $165 million for it.
The $410,000 sale that shows investors are back in this rural town

1 week ago | afr.com | Michael Bleby

May 26, 2025 – 8.43am or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? We speak to the team behind the most intriguing recent property sale. Loading... Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne.
The property tax surcharge creating an opportunity for local investors

1 week ago | afr.com | Michael Bleby

May 25, 2025 – 4.16pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Offshore investors are retreating from the ownership of commercial real estate assets in Victoria and Queensland, where additional surcharges on foreign buyers are cutting yields by up to 1 per cent. This has prompted syndicators to create funds for local investors to buy cheaper assets.
The property tax surcharge creating an opportunity for local investors

1 week ago | commercialrealestate.com.au | Michael Bleby

Offshore investors are retreating from the ownership of commercial real estate assets in Victoria and Queensland, where additional surcharges on foreign buyers are cutting yields by up to 1 per cent. This has prompted syndicators to create funds for local investors to buy cheaper assets.
Sydney preliminary rate jumps to 72.2 per cent while Melbourne hovers at 73.7 per cent

1 week ago | afr.com | Michael Bleby

May 25, 2025 – 2.21pm or Subscribe to save articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe. Subscribe nowAlready a subscriber? Last week’s interest rate cut had a patchy effect on auction results as buyers weighed up the prospect of lower borrowing costs against the tide of global and economic uncertainty and came up with different answers in each city.