Latest Residential Rental News

Stockland (ASX: SGP) posted a 20.2% jump in statutory profit to $994 million for FY26, driven by record residential settlements and expanded capital partnerships, while maintaining a stable distribution and gearing within target ranges.

Aspen Group has secured a $19 million portfolio of 19 retirement village properties in Adelaide, aiming to convert leases and boost residential rental income over time.

Eureka Group Holdings has acquired a mixed-use residential park in Gladstone, marking its strategic entry into the all-age rental market with promising yield and expansion potential.

Axiom Properties Limited reported a $518,000 increase in cash reserves for the December quarter, reaching $1.86 million, while extending key debt facilities to support its Mt Barker development and the rapidly expanding ListSure business.