The penthouse in what is believed to be Southbank’s first high rise apartment complex near Crown Casino, has been put to the market.

North of the Yarra River, blue ribbon real estate doesn’t come much more exclusive than Leslie Road and Riverview Road in Essendon. So when a house at the corner of these tree lined boulevards becomes available - it’s the talk of the town in bomber land.

OWNERS of Melbourne CBD office buildings held onto their properties in the 2006-07 financial year, on the back of rising rents and capital values, and a lack of alternative investment options. The gridlocked environment has resulted in record low yields being achieved for what limited major office buildings have become available.

THE green message is getting through, if a new survey by the Real Estate Institute of Victoria is anything to go by.