portsea Archives - realestatesource

Victoria Has Australia’s Richest and Poorest Average Workers: ATO

April 17, 2011 Marc Pallisco Hexham, Hunters Hill, Mosman, Mosman Park, Northbridge, Point Piper, portsea, toorak, Vaucluse

SUBURBS in Victoria accommodate Australia’s wealthiest and poorest average workers.

According new Australian Taxation Office research, Portsea (pictured, right), about 90 minutes south of Melbourne, is home to the country’s highest earners in 2008-2009, up from third position a year earlier (those 2007-08 figures were released last year).

The average income for Portsea residents was $198,987 per annum.

Victoria

Portsea Golf Club Resort a Step Closer After Club Sells Enough Sites to Fund Redevelopment

August 11, 2010 Marc Pallisco portsea, prestige residential, provincial Victoria

PLANS for a new $12 million clubhouse and hotel resort at the prestigious Portsea Golf Club have teed off, officially, after the Club successfully sold enough of its land to fund the new development.

Four of the five double blocks put to the market in February have now sold, with another two blocks now released for sale.

The Club is expected to bunker another $4 million from the remaining three blocks.

Victoria

Sorrento’s Sisters. Pay Less Pay Cash

April 15, 2008 Marc Pallisco portsea, prestige residential, Real Estate News, Sorrento's Sisters. Pay Less Pay Cash, victoria

Rumour in downtown Sorrento is that the $18.4 million price Melbourne’s wealthy Shelmerdine family is reported to have paid for “The Sisters” estate in Sorrento, fell far short of higher offers made during the five week campaign.