TROUBLED Melbourne property group Becton has been thrown a lifeline.

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Becton offered a way out
September 3, 2010
Australian real estate news
TROUBLED Melbourne property group Becton has been thrown a lifeline.

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Becton offered a way out
A SLOWDOWN is emerging in Melbourne’s property market, with home prices falling more than 1 per cent during the three months to July

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Housing’s top performer falters
Offered for sale for the first time in 55 years, the property fetched what could be a record price for the suburb, with two bidders at auction and sold for $4.3 million, above a reserve of $3.5 million.
The highs and lows of the Melbourne weekend property market
| This week: 687
Last weekend: 343 This time last year: 665 S Sold at Auction: 415 SB Sold before Auction: 72 SA Sold after Auction: 1 Passed in: 199 Passed in on vendor’s bid: 130 Clearance rate: 71% Postponed: 2 Withdrawn: 0 Auctions with no result: 75 PS Private Sales: 622 Total Volume (Auctions): $366.23mil Total Volume (Private Sales): $300.69mil Total Auctions Houses: 474 Clearance Rate: 70% Median Price: $697,500 Total Value: $274,686,082 Total Auctions Flats/Apartments: 205 Clearance Rate: 73% Median Price: $516,000 Total Value: $89,327,605 Total Auctions Vacant Land: 8 Clearance Rate: 62% Median Price: $365,000 Total Value: $2,213,000 House Sales in Detail TOP 5 HOUSES 1. 59 Studley Road, Ivanhoe $4,300,000 2. 61 Brougham Street, Eltham $3,000,000 3. 31 Arkaringa Crescent, Black Rock $1,965,000 4. 31 Hawksburn Road, South Yarra $1,951,000 5. 42 Foote Street, Brighton $1,830,000 TOP 5 BARGAIN HOUSES 1. 49 Stewart Crescent, Rockbank $237,000 2. 26 Oakwood Road, Albanvale $243,500 3. 21 Christina Crescent, Kurunjang $272,000 4. 7 Mathisen Terrace, Hillside $310,000 5. 2 Darling Way, Narre Warren $310,500 Flat/Apartment Sales in Detail TOP 5 APARTMENTS 1. 2/589A Toorak Road, Toorak $1,414,000 2. 51 Glass Street, Richmond $1,310,000 3. 305/2 Pier Street, Port Melbourne $1,225,000 4. 5 Morley Street, Port Melbourne $1,105,000 5. 1/37 Rowell Avenue, Camberwell $1,090,000 TOP 5 BARGAIN APARTMENTS 1. 2/4 Fourth Avenue, Rosebud $187,500 2. 4/23A Becket Street South, Glenroy $245,000 3. 7/36 Hampton Parade, West Footscray $260,000 4. 18/40 Waterloo Crescent, St Kilda $262,500 5. 7 Hopetown Street, Moonee Ponds $295,000 Get the latest auction and private sale results from the REIV. |
SOUTH Melbourne’s next skyscraper will rise from the former headquarters of radio stations 3AW693 and Magic1278. Kingsford Property has just started marketing apartments within a new 15-level development, Aero, this …
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Former 3AW Headquarters Set to Become Skyscraper
Trafalgar Corporate Group (TGP), a property investment and funds management group, has exchanged unconditional contracts for the sale of Melbourne broadcast centre to Seven Network Limited, a …
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Trafalgar Corporate to sell Melbourne broadcast centre to Seven Network
COMMERCIAL property investor Goodman Group says it plans to buy Moorabbin airport and business park in Melbourne for $201.5 million.

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Goodman buys Moorabbin airport, park
COMMERCIAL property investor Goodman Group says it plans to buy Moorabbin airport and business park in Melbourne for $201.5 million.

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Goodman to buy Moorabbin airport, park
Staff Reporter Australia is in a “two-speed property market” with continuing strong demand in Melbourne and Sydney but uncertainty elsewhere, according to real estate group Ray White.
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July property sales reveal "two-speed" market
Saturday August 14th 2010
This week: 519
Last Weekend: 507
This time last year: 493
S Sold at Auction: 305
SB Sold before Auction: 47
SA Sold after Auction: 2
Passed in: 165
Passed in on vendor’s bid: 93
Clearance rate: 68%
| Postponed: 2
Withdrawn: 2 Auctions with no result: 74 PS Private Sales: 543 Total Volume (Auctions): $250.25mil Total Volume (Private Sales): $254.74mil Total Auctions Houses: 344 Clearance Rate: 69% Median Price: $715,000 Total Value: $183,921,600 Total Auctions Flats/Apartments: 164 Clearance Rate: 66% Median Price: $510,000 Total Value: $61,518,000 Total Auctions Vacant Land: 10 Clearance Rate: 60% Median Price: $437,500 Total Value: $2,794,000 House Sales in Detail TOP 5 HOUSES 1. 5 Callantina Road, Hawthorn $3,330,000 2. 12 Springfield Avenue, Toorak $2,485,000 3. 8 Pine Grove, Malvern $2,155,000 4. 19 Chatfield Avenue, Balwyn $2,100,000 5. 1447 Burke Road, Kew East $1,902,000 TOP 5 BARGAIN HOUSES 1. 104 Melbourne Road, Norlane $247,000 2. 4 Armoy Close, Cranbourne $271,000 3. 26 Norval Crest, Coolaroo $291,000 4. 18 Irvine Street, Deer Park $300,000 5. 20 Irvine Street, Deer Park $300,000 Flat/Apartment Sales in Detail TOP 5 APARTMENTS 1. 72/1 Albert Road, Melbourne $1,500,000 2. 97 Mitford Street, Elwood $1,425,000 3. 4A Clarendon Street, Armadale $1,325,000 4. 3/72 Glyndon Road, Camberwell $1,200,000 5. 14 Edina Close, Port Melbourne $1,200,000 TOP 5 BARGAIN APARTMENTS 1. 33/115-119 Kororoit Creek Road, Williamstown $250,000 2. 1/245 Hotham Street, Ripponlea $322,500 3. 9/14 Eldridge Street, Footscray $326,000 4. 23 Loxton Terrace, Epping $337,000 5. 5/79 Pultney Street, Dandenong $340,000 Get the latest auction and private sale results from the REIV. |
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