The green infrastructure of our city includes public, designed and demarcated areas, as well as informal and unplanned vegetation areas-informal green spaces. These spaces account for a large part of the urban green space. However, a recent study found that they are usually one of the most overlooked urban spaces, which may lead to negative…
The green infrastructure of our city includes public, designed and demarcated areas, as well as informal and unplanned vegetation areas-informal green spaces. These spaces account for a large part of the urban green space. However, a recent study found that they are usually one of the most overlooked urban spaces, which may lead to negative…
A developer and a well-known hotel developed 40 hectares of land in Moonee Valley Racecourse. The construction project supervised by Camillo Builders has now started, and the $2 billion urban renewal project has been approved by an undisclosed major bank’s $73 million debt financing. Private developer Hamton is well-known for specializing in high-end residential and…
ANZ has required borrowers who want to purchase luxury properties in Melbourne to pay at least a 30% down payment. At the same time, the bank is implementing a loan-to-value ratio (LVR) 80% cap requirement similar to Western Australia in some areas of Melbourne, which means that borrowers need to have at least 20% of…
In the year to June, Australia’s house prices rose by 6.1%, ranking 19th out of 56 countries. The index tracks housing price trends in more than 50 countries around the world and finds that Australia’s ranking has risen 37 places from a year ago (ranking 56th). Data show that in the 12 months ending June…