RICH PICKINGS: Not-so-easy street

Properties in the world's most exclusive precincts are yielding uneven sales results, but Australian real estate agents are betting on an uptick in the local high-end market.

There are plenty of property vendors around Australia who can sympathise with the corporate undertakers from insolvency firm PPB, who are trying to sort out the $1 billion collapse of coal and cattle baron Ric Stowe.

As residential markets around Australia cool, sellers are suddenly discovering that buyers are just that bit harder to find, and their cheque books are that bit harder to open.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles