Latest news with #Vaucluse
Daily Mail
3 days ago
- Business
- Daily Mail
Australia's top ten best and worst performing suburbs when it comes to house prices - and why ritzy Toorak and Vaucluse are falling behind
Australia's property market has taken a dramatic turn, with house prices in some of the country's most luxurious areas plunging by more than 30 per cent. Ritzy suburbs such as Melbourne's Toorak, and Sydney 's Vaucluse and highly sought-after Fairlight, have stumbled their way into the top ten list of the worst performing postcodes. In Toorak, the median house price was down 31.2 per cent to $3.9million, according to the latest Domain House Price Report for the June quarter. This was followed by a 23.9 per cent fall in median prices in prestigious Sorrento to $1.7million; Carlton, down 15.2 per cent to $1.1million; and Rye, where prices dropped 13.4 per cent to $952,500. Chambers Flat, the only Brisbane suburb to appear in the list of worst performers, recorded the second biggest price fall, dropping 29.4 per cent to a new median house price of $615,000. In Vaucluse, average house prices fell nearly 17 per cent to $7million while the northern beaches suburb of Fairlight recorded similar falls to reach a new median house price of $3.1million. Despite house prices plummeting in some of NSW and Victoria's most affluent suburbs, overall, the value of homes has now hit record highs in Sydney, Brisbane, Adelaide and Perth. Melbourne and Hobart have reached their strongest levels in years. South Wentworthville, in Sydney's west, recorded the biggest price gain over the quarter, lifting 37.2 per cent to a high of $1.2million. It was one of two Sydney suburbs to feature on the top ten list of best performing suburbs, with median prices in Cammeray also jumping 26 per cent to $3.3million. Brisbane suburbs dominated the list of the best performers. The median price for a home in Richlands was up 29.4 per cent to $737,500, followed by Birkdale, up 26.4 per cent to $1.1million, and Moggill, up 26 per cent to $1.2million. The million-dollar suburbs of Lota and Murarrie saw house prices boom by 25 per cent. At the same time, soaring house prices are pushing more buyers towards the unit market, where affordability and demand are fuelling robust gains, often outpacing houses. Domain's Chief of Research and Economics, Dr Nicola Powell, said another interest rate cut expected for August would likely spur more buyers, and push prices higher, just ahead of the spring selling season. But she warned the road ahead may be rocky. 'Another rate cut could expand borrowing capacity, though regulators may tread carefully if investor activity accelerates,' she said. 'Supply remains the key wildcard. We're still not building fast enough to meet population growth. 'Without a substantial boost in new housing, price pressures will remain, regardless of further rate cuts.' Property Predictions director Brendan Kelly said suburbs with higher median house prices were bearing the brunt of the downturn. 'If you are in the suburbs of the top 25 per cent and are forced to sell, then you may be a little disappointed in the result at the moment, particularly if you purchased your property three years ago,' he said. In the case of Toorak, Mr Kelly pinned the suburb's price drop on several factors, including a shortage in new listings. 'Not only are there fewer properties being purchased in Toorak, but there are fewer of the high-priced properties sold in the last six months than in the previous six months,' he said. 'I believe it speaks to the economic issues and circumstances being faced by those that can afford the more luxury homes. 'Throughout Melbourne, we are seeing a growing number of properties remaining on the market for longer than six months, including in Toorak.'
BBC News
22-07-2025
- Sport
- BBC News
Paret-Peintre denies Healy in thrilling stage 16 win
Valentin Paret-Peintre produced a late sprint to get past Ben Healy and claim a stunning win on stage 16 of the Tour de a thrilling battle up the iconic Mont Ventoux climb, Healy looked set to claim his second win of this year's Tour as he emerged from the final bend in the Paret-Peintre, 24, fought back to deny the Irishman and become the first French winner this Vingegaard repeatedly attacked reigning champion Tadej Pogacar on the climb but the pair crossed together, meaning Pogacar maintains his overall to follow.
Daily Mail
16-07-2025
- Sport
- Daily Mail
French police 'launch probe into Kylian Mbappe over £156,000 payments to officers'... with Real Madrid star 'ready to answer questions'
French police have reportedly launched a probe into payments made by Real Madrid star Kylian Mbappe to officers, amid questions over whether the funds were for World Cup duties or personal protection. According to Le Canard Enchaine via Sport, a total of £156,330 (€180,300) was paid in June 2023 to five officers assigned to protect the French national team during that period. Four of them received £26,011 (€30,000) each, while a fifth was paid £52,278 (€60,300). The payments are believed to be linked to Mbappe's promise to donate his 2022 World Cup prize money to the security personnel who guarded the team throughout the tournament. The forward signed a document confirming this commitment and consulted his lawyer to ensure the donations would not be taxable for the recipients. However, authorities are investigating whether the payments were genuinely related to World Cup duties or were intended as personal protection for Mbappe. Attention is focused on one officer who accompanied the player on trips to Cameroon and Vaucluse in southern France in June 2023. Notably, while Mbappe was in Paris for a European qualifier against Greece, this officer was in Vaucluse, raising questions about the nature of his assignment. It is said that Police believe the officer 'breached his duty of integrity' by taking part in the two trips. Meanwhile, Mbappe has said he is 'ready to answer any questions' regarding the situation. These officers are members of the Republican Security Corps (CRS), a unit tasked with protecting the French national team during that time. This investigation comes amid Mbappe's ongoing dispute with former club PSG, with the forward currently seeking around £46million (€55m) in unpaid salary and bonuses he claims the club still owes him.
Washington Post
29-06-2025
- Health
- Washington Post
Can France, land of smoking and joie de vivre, end its cigarette habit?
VAUCLUSE, France — In a country where the cigarette holds an iconic status on par with the croissant or glass of red wine, a ban from Sunday on smoking in all parks, beaches and bus stops has ignited a fiery debate, pitting laissez-faire libertines against those worried by the serious health implications of France's stubbornly high smoking rates.
Daily Mail
24-06-2025
- Entertainment
- Daily Mail
Precious cargo! Madeline Holtznagel cradles newborn baby Jaegar in a woolen jumper as she exits seaplane with billionaire Justin Hemmes
Madeline Holtznagel looked every inch the doting new mum this week when she was spotted with her precious new bub in Sydney. The model, 28, and her billionaire beau Justin Hemmes, 52, welcomed their first child, Jaegar Justin on June 1. Madeline was positively glowing while carrying her precious cargo, as the new family arrived via seaplane at Justin's $100million Vaucluse mansion. The bubbly blonde could barely keep the smile from her face as she walked with Jaeger, who was swaddled in a brown sweater. Going casual for the flight, Madeline wore a plain light grey hooded sweatshirt and a pair of matching pants. From A-list scandals and red carpet mishaps to exclusive pictures and viral moments, subscribe to the DailyMail's new showbiz newsletter to stay in the loop. Madeline rolled the legs of her track pants to the knees to keep them dry as she waded to shore. Her trim and toned pins were on full display, and she finished off her look with a pair of plain white slides. Wearing her blonde locks back in a ponytail, Madeline accessorised with a pair of black Chanel sunglasses. She also carried a large black leather bag over her arm, no doubt containing all of Jaeger's necessary accessories. Justin was also spotted in tow, with an armful of jackets and shoes as he disembarked the seaplane. Also cutting a very casual figure, Justin wore a plain white T-shirt and a pair of dark grey track pants. While baby Jaeger was kept under wraps during the outing, Madeline snuggled her son close to her chest as she strolled along the beach with a pal. It comes after Madeline announced Jaeger's arrival in a sweet Instagram post last week. Madeline was positively glowing as she was seen carrying her precious cargo as the new family arrived, via seaplane at Justin's $100million Vaucluse mansion The new mum could barely keep the smile from her face as she walked with Jaeger, who was swaddled in what appeared to be a brown sweater 'Jaeger Justin Hemmes ❤️ 1.06.25,' she captioned the post. This is the model's first child with the billionaire Merivale owner. He shares two daughters - Alexa, nine, and Saachi, seven - with his ex-partner Kate Fowler. The sweet photo dump included an array of snaps showing the couple's newborn baby wrapped up in a blanket. One picture showed the new mum proudly holding her first child as she donned a matching pink pyjamas set. She was positively glowing as she beamed at the camera while her precious newborn wore a smile on his face. Another picture showed Justin and Madeline looking windswept and content as they enjoyed a beach walk with their little one. One adorable snap showed Justin leaning down to kiss baby Jaeger, who was tucked into his jumper to keep warm during the windy outing. Friends and family flooded the comments section with well wishes for the couple and their new bundle of joy. 'I love him,' Madeline's sister Simone Holtznagel simply wrote. Madeline recently announced the sex of their baby in an interview with Stellar magazine, and said she was thrilled because she wanted a 'new journey' with Justin. 'I always thought I was going to have a boy. I knew I was going to be a boy mum,' she said. 'Justin has two beautiful little girls, so having a boy, it's like a whole new journey together. '[The baby] is going to be his little best mate.' She said she previously kept details of her pregnancy private, but was ready to share her journey. 'I keep a lot of my life private and I don't share a lot online anyway, so [being pregnant] wasn't really something that I was going to share online,' she said. In November, an insider confirmed the exciting news of Madeline's pregnancy to Daily Mail Australia. They revealed a friend of Justin's recently moved out of his Vaucluse mansion to make room for their growing family. The business mogul, who has a net worth of $1.39billion, began dating Madeline in 2019 when she was 22 and he was 47, after his split from Fowler in 2018. Madeline is the younger sister of fellow Aussie model Simone Holtznagel, who welcomed her first child, a daughter called Gia, in March 2024 with her now-ex-boyfriend Jono Castano.
