Consumer Affairs Victoria (CAV) has developed new guidelines for real estate salespeople and a fact sheet home buyers in response to industry and public concerns about property price underquoting.
Industry experts unanimously agree the recent surge in real estate values in Melbourne is unsustainable.Read more
It was once the heart of the citys financial centre, and is said to occupy the best position on Collins Street. But for almost fifteen years, the former Australian Stock Exchange Melbourne headquarters at 357 Collins Street has sat derelict and vacant.Read more
A 1970s double fronted, double-storey brick veneer is expected to smash the record as the most expensive pile of real estate in Williamstown.Read more
Investa is believed to be formalising a deal to buy the last two development sites at the Botanicca Corporate Park in Richmond.Read more
Macquarie Direct Property Fund has revealed itself as the buyer of the former Zurich office building at 71 Queens Road.Read more
Yarra Valley Farms has leased a 2800 square metre office building and warehouse in the inner-western suburb of Yarraville.Read more
Telstra’s decision to relocate around 4000 employees to the outer south-eastern suburb of Clayton, will blow out vacancy levels in several suburban office markets from 2009.Read more
Foster’s move raises speculation it will eventually offload its iconic CUB Brewery site, which sits on 9 hectares of riverfront land overlooking Kew’s Studley Park. Industry insiders are divided about whether this will happen.Read more
It was an accident waiting to happen.
In one corner, cashed up and trusting investors wanting to get the best returns out of their savings.
In the other corner, sales people for a property scheme, posing as financial advisers – earning a commission from every dollar they can get you to invest.Read more
While much of the industry’s attention of late has focused on Melbourne’s blue ribbon suburbs – record prices are being achieved in other parts of Melbourne as well.Read more
Grocon’s controversial Eureka Tower picked up the highest gong at the Victorian division of the Australian Property Institute’s Excellence in Property Awards Gala Dinner held last week at Crown Casino.Read more
Stylish, well dressed, well fed and well loved, South Yarra has been a magnet for Melbourne’s bourgeoisies ever since it established as a suburban retreat from town in the mid 1830s.Read more
Possibly the least inspiring suburb name in Australia, Airport West is located about 12 kilometres north-west of the Melbourne CBD.Read more
Albert Park (which includes the precinct known Middle Park, which shares the same 3206 postcode) is an exclusive inner-city suburb located about 3.5 kilometres south-west of the Melbourne CBD.Read more
Fairfield (and Alphington, which shares the same 3078 postcode) is a riverside suburb about 6 kilometres north-west of the CBD.Read more
Altona is a bayside suburb about the same distance to the Melbourne CBD as Brighton – as the crow flies.Read more
Ardeer is one of Melbourne’s smallest suburbs by geographical area, occupying only a few square kilometres about 20 kilometres west of the CBD.Read more
An as yet undisclosed purchaser is believed to have broken the record for a house price in South Yarra.Read more
Armadale is one of Melbourne’s most understated and elegant suburbs.Read more