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Pricing Guidelines

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Written by REIV Press Release   
Wednesday, 06 June 2007

Last week the REIV released guidelines to ensure some consistency with the advertising of prices for residential property auctions. This followed a review of auction results which showed many variations of pricing currently in use. I personally reviewed the results which included comparing information contained in the Auction authority, such as the Estimated Selling Price, the Reserve, comparable sales analysis and advertisements during the Auction marketing campaign. To see examples of advertising in use... click here.

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West Australian Syndicate Buys Six Units at Lend Lease's Mosaic Development, Docklands

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Written by Marc Pallisco   
Sunday, 03 June 2007

A MYSTERY Western Australian- based syndicate of property investors swooped in to Lend Lease's Mosaic apartment tower in Docklands last weekend, buying six units and spending $3.5 million.

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Good Guys Andrew Muir Pays $17.75 Million for Steve Vizard's Orrong Road Mansion

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Written by Marc Pallisco   
Sunday, 03 June 2007

INSIDERS are all but certain the mystery buyer of Steve Vizard's Orrong Road mansion is Good Guys electrical retailer Andrew Muir. Early speculation was that the house had been bought by Peter Edwards of the Smorgon family but he has vehemently denied this. Mr Muir is overseas and unavailable for comment.

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Westpac Doesn't Practice What it Preaches, Avoids Going Green

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Written by Marc Pallisco   
Saturday, 02 June 2007

WESTPAC Bank may have some explaining to do after claims it will choose the "least green" of its three shortlisted options, as its Melbourne CBD office digs.

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St Kilda Road Airlie Mansion to Get High Rise Apartment Backdrop

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Written by Marc Pallisco   
Saturday, 02 June 2007

THE Deague family's Asian Pacific Building Corporation has swooped on a St Kilda Road site marked for residential development, in a deal worth more than $12 million.

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