Allhomes sells out to Domain for $50 million

allhomes

CANBERRA real estate listing heavyweight Allhomes has been bought by Fairfax for a reported $50 million.

The deal, which will see Allhomes boss Tim White taking over the local management of Fairfax’s Domain website, is still subject to regulatory approval.

Real estate agencies will at least enjoy not having to pay to list on the two resources, but only time will tell how long that remains a saving.

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One Response to “Allhomes sells out to Domain for $50 million”

  1. John Moulis
    July 10, 2014 at 4:48 pm #

    Is AllClassifieds included in this deal? I bought my current car on AllClassifieds and I wouldn’t like to see it gobbled up by an organisation which used to publish eight broadsheet books of classifieds 20 years ago on Saturday but now struggles to fill a few tabloid pages.

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