News location:

Canberra Today 23°/25° | Tuesday, March 19, 2024 | Digital Edition | Crossword & Sudoku

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.

Who can be trusted?

In a world of spin and confusion, there’s never been a more important time to support independent journalism in Canberra.

If you trust our work online and want to enforce the power of independent voices, I invite you to make a small contribution.

Every dollar of support is invested back into our journalism to help keep citynews.com.au strong and free.

Become a supporter

Thank you,

Ian Meikle, editor

Share this

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

John Moulis says: 10 July 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.

Reply

Leave a Reply

Follow us on Instagram @canberracitynews