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A Review of Melbourne Apartment Projects: Those Marketed; Those Canned

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Written by Marc Pallisco   
Sunday, 13 March 2011 00:00

INCENTIVES offered to stimulate apartment construction during the economic downturn, such as record low interest rates, and first home owner grants, have resulted in some of the city’s biggest, boldest apartment-based projects being offered to the market.

But not all developers could get their projects out of the ground.

Domain took a look at some of the more ambitious redevelopment proposals launched, and canned, since its last Apartment Guide, in Spring 2010:

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A Step by Step Guide to Selling Your Property

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Written by Marc Pallisco   
Thursday, 26 November 2009 00:07

ANYONE who has sold their homes can tell you the process is complex and stressful.

With so many variables to consider - including choosing the right agent, taking aim at your market and negotiating with interested parties - selling real estate is an art and one that often frustrates prospective buyers, who feel forced to pay more than they wanted.

With the real estate market getting into full swing after the holiday season, Sunday Domain talks to the experts about the sale process, what it costs and what to expect.

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Donvale Suburb Profile

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Written by Marc Pallisco   
Monday, 31 March 2008 06:39

Donvale is located immediately east of Doncaster East, about 24 kilometres from the CBD.

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Are Melbourne Apartments Still a Safe Investment?

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Written by Marc Pallisco   
Saturday, 12 March 2011 00:00

So now what?

After nine years adopting the previous state government’s hugely contentious Melbourne 2030 planning policy – the city’s development landscape is set to change, and apartments may be on the nose.

In one of its first official acts - and as it promised to do before the November 21 election - the Baillieu government has destroyed Labor government planning laws facilitating higher density redevelopment (ie, over three storeys) along all public transport nodes.

In Opposition, Planning Minister Matthew Guy said Melbourne risked becoming dysfunctional, and losing its character permanently, unless suburban apartment construction was curbed.

In power, Mr Guy has committed to a two year audit and consultation program to determine a new model of metropolitan planning.

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Tips to Get Into the Housing Market

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Written by Marc Pallisco   
Thursday, 26 November 2009 00:03

Melbourne SuburbsWITH interest rates rising, and government grants falling, it’s a pretty fair guess property prices won’t run away on you.


So if you’re working full-time, possibly renting and wanting to invest in your future, take note of the tips below, to enjoy the next cycle as a home owner.

RAISE CASH:

Saving a first-home deposit - about 10% of the property's purchase price - is your first goal as a home owner.

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Costs Involved in Selling Your Home

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Written by Marc Pallisco   
Wednesday, 25 November 2009 23:28

THE costs involved in selling a house can range from about a thousand dollars to tens of thousands of dollars, depending on whether you appoint an agent, the value of your property and the kind of marketing campaign you undertake.

For suburbs within 10 kilometres of the Melbourne CBD for example, an agency will typically charge a commission of between 1.5 per cent and 2.5 per cent of the home's eventual sale price.

Some agents may also negotiate a variable commission in effect a bonus paid to the agency for any amount the property sells above an agreed amount.

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Doncaster and Doncaster East Suburb Profile

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Written by Marc Pallisco   
Monday, 31 March 2008 06:38

Surprisingly close to the city via the Eastern Freeway, Doncaster is a hilly suburb located about 17 kilometres east of the CBD.

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