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March 2015

TUNSTALL SQUARE FOUR STOREY PLAN OVERDONE

“FOR THE MINDLESS PURPOSE OF PROVIDING EVEN MORE APARTMENTS”  Only seven of the fifty three submissions council received from residents, regarding shop-top residential development, were totally in favor of the concept. The majority of submitters did not support  increasing building heights to four storeys because the large increase in the number of apartments, up to three […]

BALCONY BARBECUES FOR HIGHRISE APARTMENTS

The high rise housing trend comes accompanied by socialising around the balcony barbecue; whether it’s kids from the far flung suburbs, or their empty nester parents who’ve downsized to an apartment. It’s nice to enjoy this great Autumn weather to get outside and fire up the barbecues even those who live in apartment towers, who […]

FIRB HANDS OFF POLICY ON OVERSEAS INVESTORS

“ALL THAT FIRB HAVE TO DO IS TO REVERT TO THE RULES IN FORCE IN 2007/8”  Below is a letter we received from Arnold who preferred to remain anonymous. We bought our property in Richmond in early 2008. I am a British citizen married to a born-and-bred Australian. We bought the house jointly and without […]

DONCASTER HILL PLAGUED BY SMALL APARTMENTS

COUNCIL APPROVING ONE BEDROOM APARTMENTS AS SMALL AS 43 SQM.  The high cost of construction and the hefty sums paid for blocks of land on Doncaster Hill are among the factors being blamed for Council allowing developers to skimp on the size of apartments, not to mention the risk factors of falling prices during the long period […]

HOUSE PRICE BOOM AS APARTMENTS GET CHEAPER

INVESTORS WHO KNOW THE LOCAL MARKET WILL NOT BE INTERESTED MAINLY BECAUSE OF THE FALLING APARTMENT RESALE PRICES              The latest SQM Research data shows all unit/apartment asking prices in Doncaster 3108 have fallen from a median high of $675,000 in August 2009 to $521,100 in March 2015. These figures […]

DONCASTER HILL BYPASS ROUTE TO BE CHANGED

Manningham Council had planned to create a bypass road through the residential streets south of Doncaster Hill to help ease congestion on Doncaster Road. Hepburn Road was to be extended across Clay Drive through to Tram Road via Frederick and Merlin Streets to carry south bound traffic but it now appears that the extension can […]