Chinese buyer for $60m Melbourne estate
Chinese developer New Sky has snapped up a 64-hectare housing project in Melbourne's west for about $60 million.
Chinese developer New Sky has snapped up a 64-hectare housing project in Melbourne's west for about $60 million.
The owners of the Rialto Tower have bought adult venue Showgirls Bar 20 from liquidators.
A crucial meeting was held here in 1985 that led to the formation of the ASX.
Off-the-plan apartment sales in Melbourne have been falling for at least a year, says BIS Shrapnel's Angie Zigomanis.
BRW richlister Ashley Williams says Melbourne's off-the plan apartment market has peaked with fewer investors participating.
Glenroy is shrugging off the rough reputation of its northern neighbour Broadmeadows and is stepping out as a premium real estate consideration.
Melbourne's house and land market powered to a record 22,000 lot sales in the past financial year, according to the Victorian Planning Authority.
Melbourne buyers snapped up 40 per cent of the apartments sold in Geelong's biggest residential development.
This huge Mirvac-built apartment in East Melbourne offers butler service, pet au pair and art curation.
A widely watched index appears to have exaggerated the vigour of strong markets like Sydney and Melbourne
The battle to develop Melbourne's largest privately held urban renewal project is headed for the Supreme Court.
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