October 18, 2010 § Leave a comment
The latest Real Estate Institute of Victoria figures show median house prices fell in many of the city’s wealthiest suburbs in the September quarter.
Hawthorn fared the worst, with the median dropping 26.9 per cent to $1,197,500 in the three months to October 1.
Overall, million-dollar suburbs decreased in value by 1.6 per cent during the period.
September 29, 2010 § Leave a comment
Tough times in Britain have prompted the sale of three Australian properties, including two top-end homes in Toorak and a mansion in Vaucluse, Sydney. British diplomats will be expected to live in more modest city apartments, according to the British Foreign Office.
A spokeswoman for the British Foreign and Commonwealth Office said the residences would be put on the market next year and replaced with properties ”more fit for purpose”.
September 21, 2010 § Leave a comment
The mansion, named Miegunyah, was sold by ex-Pacific Dunlop chief Phillip Brass to an undisclosed buyer.
September 16, 2010 § Leave a comment
Mark Wizel from CB Richard Ellis said the Ever Bright Group finalised the purchase this week.
The site has an associated master plan that allows development of 31 apartments, 14 luxury houses, 22 townhouses and 12 ”townhomes”, which Ever Bright intends to start building within months, Mr Wizel said.