After the Australian Action Group submitted its revised plan to the Council, the long-term development plan for the vacant waterfront area of Port Melbourne has taken a step forward. Recently, the third set of plans has been drawn up at 1-7 Water Waterfront Place, including two mixed-use buildings with a total of 126 residences. The…
Last week, Melbourne’s vacancy rate was 53.2%. A total of 140 properties were auctioned, 63 were successfully auctioned, 58 were sold, and the median auction price was $738,900. The auction situation in other parts of Victoria: A total of 123 properties participated in the auction, 41 were successfully auctioned, 30 were sold, and one set…
A new plan to revive the Victorian economy after the epidemic is underway. It is reported that the plan includes 66 projects aimed at creating 300,000 jobs in the next 20 years, and it has received unprecedented bipartisan support. Former Victorian Governors Steve Bracks, John Brumby and Federal Senate Chairman Scott Ryan jointly released this…
In debates about urban density, we often find comments about buildings that are too high or not high enough, too many or too few residents nearby, and crowded or vacant streets and buildings. Someone told us that the building density in Melbourne is four times that of Hong Kong, or the density is high, which…