Fitzroy – realestatesource

A SUPERSIZED block in bohemian Fitzroy is expected to make way for an $80 million-plus mixed use development after selling off-market to a developer.

On the north-east corner of Johnston and Gore streets, the 2122 square metre site sold for more than $8 million reflecting a land rate per square of some $4000.

Close to the corner of the Smith Street retail strip the former warehouse at 239-247 Johnston Street have been occupied in recent years by retail users including homewares and replica furniture store, The Dogs Breakfast Trading Company.

Articles

Top Melbourne Suburbs to Invest, For Budgets of Less Than $500,000

November 25, 2009 Marc Pallisco armadale, Aspendale, best suburbs to invest, Braeside, Brunswick, Burwood, Camberwell, Cheltenham, Edithvale, Fitzroy, flemington, hawthorn, malvern, Melbourne @ 5 Million, melbourne 2030, property investing, south yarra, st kilda, Surrey Hills

MELBOURNE’s once booming real-estate market has finally decelerated – and for the first time in a long time, buyers are calling the shots.

If you have a secure job, low debt and a will to own real estate – banks, developers and the Government want to talk.

But a word of advice: if you do take the plunge, spend what you can afford, rather than the maximum amount you can borrow.

Saturday Domain talks to some experts on which suburbs you should look at, no matter what your budget:

Victoria

One in Seven Dwellings Within City of Yarra Now Public Housing

April 6, 2011 Marc Pallisco affordable housing, Atherton Gardens, commission flats, Department of Human Services, Fitzroy, public housing, richmond, social housing

FOURTEEN per cent, or one in seven dwellings within the City of Yarra council zone is now allocated as public housing.

According to council, there are 5039 public homes out of 35,960 dwellings within the council area – which encapsulates inner-city suburbs of Abbotsford, Carlton North, Collingwood and Clifton Hill.

This compares to mid-2006, when 4923 dwellings (or 13 per cent of homes) were allocated as public housing.

The number of social dwellings is set to surge within the council area – and throughout metropolitan Melbourne and Victoria – according to agents, architects, builders and planners who agree a commission flat building-boom is starting.

Victoria

Former Dance Mecca Bullring, Now a Supermarket, Sells For $15 Million

February 7, 2010 Marc Pallisco Bullring, Coles, Fitzroy, Johnston Street, Melbourne retail sale

THE office, retail and car park complex built on the site of Johnston Street’s former Bullring, in Fitzroy, is understood