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2.2million sale of a high-profile mixed-use site at Eliza Ponds marks another milestone in the development of the boutique residential estate in Spearwood. Set to become the cornerstone of the new Eliza Ponds town centre, MMJ Real Estate (WA) has sold the 3,815sqm site to the Builton Group, which has unveiled plans for a mix of retail and […]
Properties in capital cities are being sold at record-breaking speed with days on market at an all-time low, according to research by RP Data. On average, houses took 38 days to sell last year, the lowest turnaround time since data tracking began in 2005. By comparison, houses spent an average of 56 days on market […]
Just in case you missed it on Thursday 20th February, the iconic Port Kembla copper stack has been demolished in front of thousands of people who gathered to watch the explosion. The 200-metre-high chimney, built from about 7,000 tonnes of concrete, bricks and steel, was brought down in a controlled explosion. A huge cloud of […]
The nation’s office market vacancy rate rose in the past six months, according to the Property Council’s latest Australian Office Market Report. The report shows the vacancy rate increased from 10.1 per cent in July 2013 to 10.4 per cent in January 2014. Property Council CEO, Peter Verwer, said “Australia’s offices markets are in transition”. […]