Marshall White’s early adoption of the social media application, WeChat, has allowed us to reach the eventual buyer this week with 2b Kinane Street, Brighton, selling a week before auction after being advertised in the range of $9-9,900,000.
Apartment markets are leading Melbourne’s recovery from the post-boom downturn. Hotspotting’s Spring survey of sales activity and prices provides strong evidence of revival in Melbourne, with units outdoing houses on price performance.
Buyer confidence in the luxury off-the-plan market has regained strength with Armadale development, 835 High Street selling $20 million worth of property in the first weekend of sales and organic grocer, The Leaf Store signing on to occupy the ground floor retail space.
Home elevators are being seen in more and more homes in Melbourne. In Australia, residential land is getting smaller while square meterage is getting larger. There’s only one way to go and that’s up. Three-storey homes are no longer unusual, they’re typical in the premium market.