Paul Grabowski to Sell St Kilda East Home
Wednesday, 27 April 2011

COMPOSER, pianist and one-time television personality Paul Grabowsky, is moving out of St Kilda East, in Melbourne.

Grabowsky, who is renowned for his passion of jazz music, can expect some $1.5 million from the sale of his renovated four bedroom Californian Bungalow which

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Biggest US REIT May Pay $150 Million For Melbourne Hotel
Monday, 25 April 2011

THE largest lodging real estate investment trust in the United States may be moving into the Melbourne hotel market.

According to the AFR, Host Hotels & Resorts is eyeing the $150 million Hilton Melbourne South Wharf complex, at the riverside junction that divides the CBD from Southbank and Docklands. 

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Balmain Sells Surfers Paradise Development Site at Huge Loss
Monday, 25 April 2011

BALMAIN Trilogy has reported a huge loss on the sale of a beachfront development site at Northcliffe Terrace, Surfers Paradise.

Balmain sold the site to a Sydney investor this month for about $6 million, far less than the $14.5 million it paid

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One in Four Australians Will Not Make Payments if Rates Rise 0.5 Per Cent: Report
Wednesday, 20 April 2011

A REPORT by finance giant QBE says one in 10 mortgage holders would not be able to make their repayments if interest rates rise by one quarter of a per cent.

This figure rises to one in four Australians, if interest rates were

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Australian Residential Rents Tipped to Continue to Rise in 2011
Wednesday, 20 April 2011

RENTS for houses and apartments are expected to rise this year, as a result of accelerated economic activity, housing shortages and a depressed first home buyers market.

Australian Property Monitors, a property analyst, predicts a steep rise in rents this

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Sydney, Melbourne on the Radar of Major North American Retailers
Tuesday, 19 April 2011

AUSTRALIA’s almost uninterrupted strong economic run – which has resulted in an almost uninterrupted consumption binge – is piquing the interest of North America’s major retail businesses.

According to a new report by commercial agency CB Richard Ellis, Sydney and Melbourne

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Perisher Marrtiz Alpine Chalet to be Auctioned
Tuesday, 19 April 2011

PERISHER’s Marritz Alpine Chalet will be auctioned on May 16, as part of a settlement for the divorce of property tycoon Warren Anderson, and soon-to-be-ex wife, Cheryl.

The 25-suite Snowy Mountains lodge with a pool, bar and restaurant is expected to fetch

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Lend Lease to Build First Stage of $129 Million Ipswich Hospital Expansion
Monday, 18 April 2011

SYDNEY based property giant Lend Lease has been appointed as the managing contractor for the first stage of the Ipswich Hospital expansion. The Queensland government made the announcement regarding the $128.7 million project last week.

The project includes a two level

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Big Pineapple Site Relisted For Sale
Monday, 18 April 2011

PLANS have fallen through to sell the Big Pineapple site on Queensland’s Sunshine Coast.

The 170 hectare site has been relisted for sale on behalf of receivers PPB. It's being marketed by Ray White Special Projects.

It had been reported the

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Victoria Has Australia's Richest and Poorest Average Workers: ATO
Monday, 18 April 2011

SUBURBS in Victoria accommodate Australia’s wealthiest and poorest average workers.

According new Australian Taxation Office research, Portsea (pictured, right), about 90 minutes south of Melbourne, is home to the country’s highest earners in 2008-2009, up from third position a year earlier (those

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