Underworld home mortgaged, burnt

The Ascot Vale home of underworld matriarch Judy Moran was fire-damaged last night.

Police were called to the Ormond Road dwelling about 11pm, hours after she was charged an accessory for the murder of brother-in-law Des Moran, at the nearby Union Rd shopping strip.

Neighbours reported hearing gunshots and explosions at about 10:45pm before it was engulfed.

The brick property was constructed in the 1930s and has been held by the Moran family 32 years.

A mortgage was on May 26 taken out against it (story continues below).

Last year it was listed for sale seeking $1 million; Ms Moran saying she anticipated a move to Queensland.

Des lived on a Langs Rd, Ascot Vale, home on a substantial double block overlooking Melbourne Showgrounds, estimated to be worth more than $1.5m and reportedly now 40 per cent controlled by the commonwealth government.

Ms Moran was arrested walking home after dropping off gloves and the blue Ford Fairlane which was the getaway car for his murder, in nearby Mincha Street, Brunswick West.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.