Melbourne Property Market Update – April 11th, 2015
By Peter Sarmas on 11 Apr 2015
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The Problem with Relying on the Bank of Mum and Dad
Ask a parent how far they would go to support the financial aspirations of their children, and chances are they will say: “Yes, if I had the money I would be happy to act as a guarantor for my children to purchase a property.” Digital Finance Analytics reports on some of the potential risks, especially with formal bank guarantees.
Melbourne Now Home to Most Expensive Apartment in Australia
It’s a costly way to get your head in the clouds but Australia’s most expensive apartment has been sold in Melbourne for a whopping $25 million. Sourceable Industry News reveals more about the luxury penthouse.
Boost for Melbourne’s Busiest Train Line
The Victorian government has dumped planned upgrades to Melbourne’s busiest train line in favour of a new plan. Find out which train line will get a multi-billion dollar overhaul in this full report from Sourceable Industry News.
Has Melbourne’s High Line gone off the rails?
Three years ago the City of Melbourne revealed its ambitions for a ‘High Line’ based loosely on New York’s highly successful and popular adaptive re-use of its High Line: an elevated community-run public park. Urban Melbourne takes a look at the concepts for the project in this interesting article.
More Than 5% Of Property Is Owned By Overseas Buyers
The vexed question of how many foreign buyers are in the Australian residential property market continues. See what Martin North from Digital Finance Analytics uncovers in this comprehensive report.
Creating an Urban Rainforest in Inner City Melbourne
The Melbourne CBD could soon become host to its very own rainforest canal if one of Australia’s leading experts on sustainable urban development has his way. Marc Howe from Sourceable Industry News gives us an insight into Gilbert Rochecouste’s ambitious proposal for downtown Melbourne.
