Residential

MaxCap acquires portfolio of 125 recently completed apartments with strong growth potential

MaxCap Group, one of Australiaโ€™s leading real estate investment managers, has unveiled its latest response to the growing housing challenge in Melbourne by acquiring a ~ $95million portfolio of 125 recently completed apartments across four high quality buildings.

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One Circular Quay reaches $1b sales as construction powers ahead

Lendlease and Mitsubishi Estate Asiaโ€™s luxury residential tower, One Circular Quay, has reached a new milestone, surpassing $1 billion worth of sales as construction powers ahead to deliver the highly sought-after residences on the doorstep of Sydneyโ€™s world-renowned harbour. Since its exclusive off-market launch in late-2022, more than 50 per cent of residences have pre-sold.

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Buyers Gallop to Racecourse Views

Trackside House at Moonee Valley Park, the anticipated first track-fronting residential offering at the $2 billion redevelopment of Moonee Valley Racecourse, has defied challenging market conditions to generate approximately $100 million worth of pre-sales.

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Housing supply must rise to meet nationโ€™s migration needs

The Property Council of Australia today welcomed the strong, cyclical economic results in the Federal Budget but warned the government must match its targeted approach to migration with the same focus on housing investment and better planning across the country.

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Melbourne apartment sets new record, selling for $39m

The penthouse in one of Australiaโ€™s newest iconic landmarks developments, Sapphire by the Gardens, developed by SP Setia, has sold to a local businessman Adrian Portelli, for a record-breaking $39 million in a deal secured by Tim Storey from Colliers.

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Pellicano Moves into Short Stay Apartments

Diversified developer Pellicano has announced another string to its bow โ€“ adding to its residential, industrial and retail arms โ€“ a short-stay apartments product that will sit within its Pellicano Living build- to-rent projects, to be known as Rambla.

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Aqualand to host 2023 Property Outlook

Leading Australian integrated property development group, Aqualand, is collaborating with Chief Economist, Nerida Conisbee and real estate investment specialist and Wealthi Co-Founder, Peter Esho, to host a free 2023 Property Outlook event on Thursday 9 February 2023, for anyone interested in purchasing in the Sydney market this year.

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