Geelong business identity Frank Costa has swooped on a Point Cook residential development site, in one of a swag of recent sales in the western bayside suburb.

Part of South Yarra's Jam Factory may be demolished to make way for a modern village of high-rise offices, apartment towers, shops and cinemas under plans to reposition the shopping centre.

The  artist behind the recent Golden City exhibition is selling his home in the city and going bush. Salvatore Trigila, known for his detailed drawings of significant Melbourne buildings, and wife Valerie Wilson are moving permanently to their Bankart Gallery in Lancefield, about 100 kilometres north of Melbourne.

The house at the centre of widespread community outrage three years ago has been quietly put on the market.