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Indian Developer Plans $600 Million Development in Southbank

Real Estate News
Monday, 12 May 2008

Indian billionaire Rakesh Wadhawan builds commercial towers while helping to rehabilitate Mumbai's slums. Now his company has plans for a $600 million mixed-use development in Southbank.

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Melbourne Auction Clearance Rate Rebounds to 65 Per Cent

Real Estate News
Monday, 12 May 2008

The market didn't skip a beat returning a clearance rate of 65 per cent from 633 auctions. The fact interest rates remained stable provided a minor confidence boost on the eve of winter.

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Cranleigh Mansion Smashes Canberra Record

Real Estate News
Monday, 12 May 2008

Canberra mansion Cranleigh has regained the title as the territory's most expensive property, after selling for almost $4.6 million to an as-yet-undisclosed party.

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State Government Provides Taxation Relief to Home Buyers and Business

Real Estate News
Tuesday, 06 May 2008

Enzo Raimondo, REIV CEO has congratulated the Victorian State Government on the taxation relief provided to home buyers and business in today’s 2008-2009 Budget.

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Melbourne Tradie Shortage Leads to 8% Pay Rise

Real Estate News
Thursday, 01 May 2008

The skills shortage is having a big impact on the price of using a ‘Tradie’ in Melbourne, with an annual price increase of 8.3 per cent in the 12 months to March.

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Goods Shed North Plans Announced by VicUrban

Real Estate News
Wednesday, 30 April 2008

Docklands will get a taste of Marvellous Melbourne as the rejuvenation of the heritage-listed 1889 NO.2 Railway Goods Shed creates a new village-style precinct of shops and cafes.

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Latest News

(14/05) Alley Building, Flinders Lane, Sold For $10.25 Million

THE art deco Alley Building, on the corner of Exhibition Street and opposite the Collins Place twin towers, has been snapped up by a private investor for $10.25 million. ...

(13/05) Interest Associated with Besen Family Buys Olive Tree Shopping Centre, Lilydale

A deveopment company part-owned by shopping centre owner Daniel Besen is believed to have snapped up the Olive Tree Shopping Centre in Lilydale, in a deal worth close to $11 million. ...

(13/05) Loreto Sisters Accommodation House to Become Albert Park Mansions

THE mystery buyer to fork out $10.1 million for three adjoining St Vincent Place terrace houses - used by the Loreto Sisters religious order as an office and accommodation - plans to convert them back...

(12/05) Government Will Pay You to Move to Regional Victoria

Buying a home in regional Victoria will become more attractive than ever thanks to an additional $3000 bonus for first home buyers in this year’s State Budget. ...

(12/05) Fridcorp to Build Pearl on Beaconsfield Parade Middle Park

Super-stylish developer Fridcorp is doing its bit to save Beaconsfield Parade from looking like the Gold Coast. ...

Latest Blog Entries

(07/02) Complaints with real estate agents

I’ve had a couple of dealings with residential real estate agents this week that have left me very disappointed (as well as angry). ...

(06/02) CBA First to Pass on RBA Interest Rate Rise, and Then Some

The latest interest rate rise, the fourth in the last six months and eleventh straight since 2002, will add about $100 a month to my mortgage repayments. ...

(03/02) When to Bump Rent up and by How Much

Despite being a landlord for four years, I’ve never actually had to impose a rent rise on a tenant. ...

(01/01) What to do with St Kilda Road...

St Kilda Road will always be remembered as the precinct to pioneer high rise apartment living in this city. Dotted in amongst the retained mansions, and tired old office buildings, are some of the mos...

(20/12) Will buyers be forced into apartment living?

Anyone who played (or plays) the computer game Simcity would understand the predicament Melbourne planners are in right now. On the one hand, Melbourne’s population is growing – with som...