Developers bank on investors to stave off Melbourne apartment glut

This story from the Fin Review, shows concern for the balance in the Apartment market presently…

Developers bank on investors to stave off Melbourne apartment glut

30 MAY 2013 | THE AUSTRALIAN FINANCIAL REVIEW | REBECCA THISTLETON

The 22,850 apartment units under construction in Melbourne has sparked fears of an oversupply, however developers are confident an increase in investor buying will see the units absorbed.

In Manningham council, there are also many apartment developments approved, but not so many going ahead,  over the next few posts we will look into the progress, costs and growth seen around Manningham apartments.

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