VISION Australia has put its heritage-listed Royal Victorian Institute for the Blind property on the market, in an expression of interest campaign that could reap the organisation about $20 million. The 1.5-hectare property at 557-563 St Kilda Road, on the corner of Moubray Street, is identified by an imposing four-level, bluestone building, part-leased to the Belgian Beer Cafe.

AVERAGE industrial land values in Melbourne's eastern suburbs increased a staggering 41 per cent in the 2006-07 financial year in anticipation of the opening of the EastLink toll road next year. Industrial land values in the east now average $325 a square metre, up from $230 a square metre this time last year.

Mr John Matthews of Barry Plant Essendon tonight won the REIV Senior Auctioneers Competition andwill now represent Victoria against the best in Australasia.

REIV President Adrian Jones congratulated John Matthews remarking that not only did he display ahigh degree of technical proficiency but ran an interesting auction as well.

The Real Estate Institute of SA (REISA) was pleased to host the national Institute today to talk about national real estate issues and the strength of the South Australian market.