THE TROUBLED Southern Star Observation Wheel in Docklands will be dismantled, and rebuilt as part of a $20 million major repair, starting next month.

AN AVONDALE Heights man has been charged $52,000 for demolishing a home in one of Melbourne's most unique inner-city housing estates.

THE SALVATION Army has reaped $1.95 million from the sale of a riverside Kew property it acquired as part of a bequest last year.

VICTORIAN Premier John Brumby used inflated employment projections in last week’s budget, to sell his $7 billion infrastructure plan to the public.

ONE OF the tallest office buildings in St Kilda Road may be on the market soon, with a price tag of some $50 million.

A DECISION to build a $4.5 billion province with the potential to house 35,000 people, may be made by Planning Minister Justin Madden within weeks.

THE PUBLISHER of cartographic icon the Melways has denied the advent of in-car digital GPS technology, is threatening the life of the 43-year old street directory.

TWO DILAPIDATED mansions, until recently used as student housing, have sold and will be fully restored by their new owners.

A PARTNERSHIP between Melbourne-based builder the Bendix Group, and Malaysian developer the Crossfields Group, has spent some $10 million on three Victorian development sites.

FORMER pop singer Jason Donavon has sold his Toorak house for about $2.7 million.

A BUYER for one of the inner-city’s biggest residential development sites is expected to be announced by the end of next month.

THE CHURCH of Scientology is one step closer to selling its outgoing Melbourne CBD headquarters.

THE property developer that thwarted the sale of the Naval and Military Club's headquarters last year has quietly bought the 1960s city building for what is believed to be a big discount to its original offer.

HIA has welcomed the Victorian Government’s budget measure to boost the state contribution to the First Home Owners Grant. 

PLANNING Minister Justin Madden has approved $862 million in property projects, in an attempt to create jobs and ease a shortage of housing.