Retail mogul knocks down mansion,hopes to sell land for up to $4m more

Retail mogul knocks down mansion,hopes to sell land for up to $4m more

Houses on Brighton’s Golden Mile sell for millions of dollars,but well-heeled buyers might be willing to pay more for no house at all.

  • byElizabeth Redman

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Developers to cop new charge as experts warn apartment prices ‘must rise’ for towers to soar

Developers to cop new charge as experts warn apartment prices ‘must rise’ for towers to soar

Developers have welcomed the Allan government’s stamp duty concession but say Melbourne apartment values must rise or projects will remain financially unviable.

  • byKieran Rooney,Adam Carey andAnnika Smethurst
Young man outbids seven others for $2.2m Thornbury retreat – $381,000 over reserve

Young man outbids seven others for $2.2m Thornbury retreat – $381,000 over reserve

The clinker-brick,three-bedder features a vine-clad pergola and an open fireplace,and benefited from some well-timed updates.

  • bySarah Webb
Six of the best properties for sale in Victoria

Six of the best properties for sale in Victoria

If you’re looking for your next home in Victoria,we’ve got six great options from around the state to check out.

  • byJacqui Hammerton andLou Sweeney
The Melbourne couple who finally hit at auction – and the Sydney vendor who wanted out
Auctions
Auctions

The Melbourne couple who finally hit at auction – and the Sydney vendor who wanted out

An investor’s pain became a first-home buyer couple’s gain in Mill Park on Saturday,as a Sydney-based vendor felt compelled to offload a long-held property.

  • bySarah Webb
Carlton North family sells their home of 50 years at auction for $1.8m

Carlton North family sells their home of 50 years at auction for $1.8m

Four bidders contested the auction and pushed the price well beyond the range and the vendors’ reserve. It was one of 1066 auctions scheduled for Saturday.

  • byJim Malo
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Aged care moguls list $55m Toorak mansion with bold interiors

Aged care moguls list $55m Toorak mansion with bold interiors

The Irving Road property was featured in Vogue Living as “the Melbourne mansion with Gucci in almost every room” not long before COVID-19 hit in aged care.

  • byElizabeth Redman
RBA’s $200 billion stimulus powered house prices,not small business

RBA’s $200 billion stimulus powered house prices,not small business

It was one of the Reserve Bank’s biggest COVID stimulus measures. While it brought down interest rates,it helped drive up house prices at a startling rate.

  • byShane Wright
Inside Melbourne’s first $100 million house that’s set to smash records

Inside Melbourne’s first $100 million house that’s set to smash records

Potential property buyers with the deepest pockets - or dreamers just browsing - can now take their first look inside the Myer family’s historic home.

  • byElizabeth Redman
Melbourne dad pays $680,000 to buy house for school-aged daughter

Melbourne dad pays $680,000 to buy house for school-aged daughter

In a bold bid to secure his daughter’s future,worried she wouldn’t be able to afford a property later on,the dad outbid two other buyers.

  • bySarah Webb
Home that meant ‘everything’ to migrant family sells for $860,000

Home that meant ‘everything’ to migrant family sells for $860,000

The vendor,selling on behalf of his elderly father,said the family “came here with nothing” and had happy memories of the Collingwood terrace bought for $29,500 in 1978.

  • byJim Malo