Australia's economic growth slows to 0.2 per cent in first quarter
Australia's economy grew by 0.2 per cent in the March quarter, and 1.3 per cent through the year, coming in below expectations.
Treasurer Jim Chalmers speaks to 7.30's Sarah Ferguson.
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Herald Sun
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- Herald Sun
New owner for rundown Toorak mansion with a wild history
A dilapidated Toorak mansion with a colourful history has fetched more than $5m. Named Cloyne, the circa-1926 Georgian Revival house at 611 Toorak Rd was scheduled to go under the hammer on Saturday. But due to a high level of interest from buyers, a boardroom auction for the property was held on Thursday. RELATED: Toorak land now asking $40m with no permit Toorak mid-century home listed with plans to transform into $8m luxury residence Myer family reveal new look for Toorak estate aiming to be Melbourne's second $100m home Jellis Craig Stonnington director Nathan Waterson declined to comment on the sold price but industry insiders indicated the five-bedroom home changed hands for a figure above the $4.75m-$5.225m asking range. The abode featuring a ballroom and a pool flanked by lion statues was previously owned by Louis Nelken, who was reportedly a butler to King George VI. In 1935, newspapers covered a reception that Mr Nelken and his wife Lesley held for guests to meet the then-political candidate for the seat of Fawkner, Harold Holt. Mr Holt later became the Australian Prime Minister and disappeared while swimming near Portsea in 1967. The Nelken's parties often made the gossip columns including a 1948 Melbourne Cup eve soiree they hosted for 300 people. Two years later, thieves broke into Cloyne and stole £5500 worth of jewellery, drank a bottle of Mr Nelken's beer and smoked his cigarettes. In the 1960s, Melbourne playboy and pilot Don Busch owned Cloyne before it was sold to hotelier William Drever. The mansion, which is protected under a heritage overlay, was designed by influential Australian architect Harold Desbrowe-Annear. Its interior has been subject to partial renovations across past years and requires significant work to restore its former glory. Three bidders contested the auction for Cloyne including one Canberra-based buyer, although the house was bought by a Melbourne family. 'I would say that all parties were there due to the architectural heritage of the home, the Harold Desbrowe-Annear design was a drawcard for a lot of people,' Mr Waterson said. According to PropTrack, Victoria recorded a preliminary 68.4 per cent clearance rate from 250 early auction results this week. About 1058 homes are expected to go under the hammer across the state next week. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Former Carlton star Fraser Brown seals nine-figure deal Price shock: Luxe Aussie mansions now start at $2.52m Balwyn North arcade hits market after 50 years
Daily Telegraph
3 hours ago
- Daily Telegraph
Dubbo real estate: The latest auction and sales results for week ending June 7
Don't miss out on the headlines from Hyperlocal. Followed categories will be added to My News. A four-bedroom house in Dubbo was the most expensive sale reported in Dubbo last week. The property at 60 Cunningham Street sold for $665,000 by private sale. Only one property was sold via auction last week. data division Proptrack has reported 10 local auction and private sale results in the past seven days. Guide to reading auction and private sale results PI - Passed in PT - Sold by private treaty S - Sold at auction SA - Sold after auction SB - Sold before auction VB - Passed in on vendor bid W - Withdrawn from auction Auction and private sale results in Dubbo Click on the address to know more. Dubbo 60 Cunningham Street, 4-bedroom house, PT, $665,000 Agency - Bob Berry Real Estate - Dubbo 12 Shoreview Lane, 3-bedroom house, PT, $659,000 Agency - Southlakes Estate - DUBBO 1 Campese Court, 4-bedroom house, PT, $651,000 Agency - Bob Berry Real Estate - Dubbo 5 Banksia Crescent, 3-bedroom house, PT, $520,000 Agency - Bob Berry Real Estate - Dubbo 7 Giles Court, 3-bedroom house, PT, $517,500 Agency - Ray White - Dubbo 35 Carnegie Avenue, 5-bedroom house, PT, Undisclosed Agency - Property Now - BRISBANE CITY 13 Tamworth Street, 2-bedroom house, S, Undisclosed Agency - Elders Dubbo Rural Wellington 127 Arthur Street, 3-bedroom house, PT, Undisclosed Agency - Sterling Turner Real Estate - Wellington 3 Marsh Street, 3-bedroom house, PT, Undisclosed Agency - Colin Hewett Real Estate - DUBBO Track the value of your home today.
Daily Telegraph
3 hours ago
- Daily Telegraph
Coffs Harbour real estate: The latest auction and sales results for week ending June 7
Don't miss out on the headlines from Hyperlocal. Followed categories will be added to My News. A six-bedroom house in Boambee was the most expensive sale reported in Coffs Harbour last week. The property at 62 Symons Avenue sold for $1.5 million by private sale. The cheapest property was a two-bedroom unit at 219/63 Ocean Parade, which sold for $515,000 by private sale. data division Proptrack has reported 31 local auction and private sale results in the past seven days. Guide to reading auction and private sale results PI - Passed in PT - Sold by private treaty S - Sold at auction SA - Sold after auction SB - Sold before auction VB - Passed in on vendor bid W - Withdrawn from auction Auction and private sale results in Coffs Harbour Click on the address to know more. Boambee 62 Symons Avenue, 6-bedroom house, PT, $1,475,000 Agency - Nolan Partners - Coffs Harbour Boambee East 16 Cuthbert Street, 5-bedroom house, PT, $979,000 Agency - McGrath - Coffs Coast 32 De Castella Drive, 4-bedroom house, PT, $930,000 Agency - Unreal Estate Coffs Coast - Coffs Harbour Bonville 258A North Bonville Road, 7-bedroom house, W, Undisclosed Agency - Laing+Simmons - Coffs Harbour 20A Mimiwali Drive, 4-bedroom house, PT, $830,000 Agency - Stone Real Estate - Coffs Harbour Coffs Harbour 18 Peterson Road, 4-bedroom house, PT, Undisclosed Agency - First National Real Estate Coffs Coast 4/47 Prince Street, 3-bedroom unit, W, Undisclosed Agency - McGrath - Coffs Coast 22 Pearce Drive, 4-bedroom house, PT, Undisclosed Agency - Aleta & Co Realty - COFFS HARBOUR 219/63 Ocean Parade, 2-bedroom unit, PT, $515,000 Agency - @realty - National Head Office Australia 18 Mathie Street, 3-bedroom house, PT, $741,000 Agency - @realty - National Head Office Australia 76 Thompsons Road, 4-bedroom house, PT, Undisclosed Agency - First National Real Estate Coffs Coast 56 Buchanans Road, 5-bedroom house, PT, $815,000 Agency - PRD - Coffs Harbour Corindi Beach 41 Simon Street, 4-bedroom house, PT, $875,000 Agency - Michael Smith - Woolgoolga 37 Saltwater Crescent, 4-bedroom house, PT, $915,000 Agency - Michael Smith - Woolgoolga Gleniffer 290 Roses Road, 3-bedroom house, PT, $1,265,000 Agency - OpenHome Online - Bellingen Moonee Beach 8 Beechwood Place, 5-bedroom house, PT, Undisclosed Agency - The Agency Coffs Harbour - COFFS HARBOUR North Boambee Valley 12 Highlander Drive, 4-bedroom house, PT, $950,000 Agency - Dobbs & Co. - COFFS HARBOUR Safety Beach 5 Admiralty Drive, 5-bedroom house, PT, $1,175,000 Agency - Vision Property Sales Sapphire Beach 50 Ivory Cct, 4-bedroom house, PT, $1,125,000 Agency - PRD - Coffs Harbour Sawtell 18 Sabal Drive, 4-bedroom house, PT, Undisclosed Agency - McGrath - Coffs Coast Toormina 8 Walsh Close, 3-bedroom house, PT, $697,500 Agency - Century 21 - Coffs Coast Ulong 99 Pine Avenue, 2-bedroom house, PT, $580,000 Agency - The Edge - Coffs Harbour Urunga 43 High Street, 3-bedroom house, PT, $649,000 Agency - Warren Weick Real Estate - Bellingen Woolgoolga 9 Greys Road, 4-bedroom house, PT, $845,000 Agency - Vision Property Sales Track the value of your home today.
