Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

&nbsp;

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

Joel Robinson

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368856]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Reiv

j.ballantyne1990-6AQqhLzZaK

Toorak the most expensive Melbourne suburb to purchase property: REIV

<html><body>
Malvern East has the highest growth for unit prices in Victoria according to the REIV.
Over the March quarter, Malvern East’s unit median price has risen by 24.1 percent from $621,500 to $771,000.
This is followed by Brighton with 23.50 percent and Reservoir with 21.40 percent.
<table dir="ltr" border="1" cellspacing="0" cellpadding="0">
<colgroup>
<col width="100">
<col width="100">
<col width="100">
<col width="100">
</colgroup>
<tbody>
<tr>
<td data-sheets-value='{"1":2,"2":"Suburb"}'>Suburb</td>
<td data-sheets-value='{"1":2,"2":"Mar-17 Median"}'>Mar-17 Median</td>
<td data-sheets-value='{"1":2,"2":"Dec-16 Median"}'>Dec-16 Median</td>
<td data-sheets-value='{"1":2,"2":"Quarterly Change"}'>Quarterly Change</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MALVERN EAST"}'>MALVERN EAST</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":771000}'>$771,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":621500}'>$621,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.241}'>24.10%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BRIGHTON"}'>BRIGHTON</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1300000}'>$1,300,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1052500}'>$1,052,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.235}'>23.50%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"RESERVOIR"}'>RESERVOIR</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":555000}'>$555,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":457000}'>$457,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.214}'>21.40%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BUNDOORA"}'>BUNDOORA</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":400000}'>$400,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":334250}'>$334,250</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.197}'>19.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BORONIA"}'>BORONIA</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":571000}'>$571,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":485000}'>$485,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.177}'>17.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BOX HILL"}'>BOX HILL</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":571000}'>$571,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":485000}'>$485,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.177}'>17.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MELBOURNE"}'>MELBOURNE</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":532500}'>$532,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":455000}'>$455,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.17}'>17.00%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"PRESTON"}'>PRESTON</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":512000}'>$512,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":442500}'>$442,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.157}'>15.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"CARNEGIE"}'>CARNEGIE</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":620000}'>$620,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":539950}'>$539,950</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.148}'>14.80%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"HAWTHORN EAST"}'>HAWTHORN EAST</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":706000}'>$706,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":614750}'>$614,750</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.148}'>14.80%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"DONCASTER EAST"}'>DONCASTER EAST</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":929000}'>$929,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":824000}'>$824,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.127}'>12.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MARIBYRNONG"}'>MARIBYRNONG</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":510000}'>$510,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":453500}'>$453,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.125}'>12.50%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"RINGWOOD"}'>RINGWOOD</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":596000}'>$596,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":530125}'>$530,125</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.124}'>12.40%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"PRAHRAN"}'>PRAHRAN</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":587500}'>$587,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":523500}'>$523,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.122}'>12.20%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MITCHAM"}'>MITCHAM</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":731500}'>$731,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":660000}'>$660,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.108}'>10.80%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"PASCOE VALE"}'>PASCOE VALE</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":565000}'>$565,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":510000}'>$510,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.108}'>10.80%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"CROYDON"}'>CROYDON</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":542000}'>$542,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":494500}'>$494,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.096}'>9.60%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BENTLEIGH"}'>BENTLEIGH</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":842500}'>$842,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":770000}'>$770,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.094}'>9.40%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BRIGHTON EAST"}'>BRIGHTON EAST</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1205000}'>$1,205,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1101000}'>$1,101,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.094}'>9.40%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BRUNSWICK"}'>BRUNSWICK</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":530000}'>$530,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":498500}'>$498,500</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.063}'>6.30%</td>
</tr>
</tbody>
</table>
A three bedroom unit at <a href="https://www.realestate.com.au/property-townhouse-vic-malvern+east-125192046" target="_blank">9/602-606 Waverley Road</a>, Malvern East (above) has been listed for between $750,000 to $825,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-unit-vic-malvern+east-125278550" target="_blank">1/29 Grant Street</a>, Malvern East (below) has been listed for within the median price range.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/03/1_29%20Grant%20Street.jpg" alt="">
A two bedroom unit at <a href="https://www.realestate.com.au/sold/property-townhouse-vic-malvern+east-124845238" target="_blank">1/48 Serell Street</a> (below) was recently sold in March this year for $785,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/03/1_48%20Serell%20Street.jpg" alt="">
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/sold/property-apartment-vic-malvern+east-124608158" target="_blank">4/5 Ellison Street</a>, Malvern East (below) was recently sold in February this year for $771,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/03/4_5%20Ellison%20Street.jpg" alt="">
*Only suburbs with at least 25 sales in the relevant quarter are included
</body></html>

Malvern East tops REIV unit median price growth with 24 percent

<html><body>
Templestowe has the highest house quarterly median price growth in Victoria, according to the REIV.
In the March quarter Templestowe's housing price has grown by 17 percent.
This is followed by Mount Eliza with 15.5 percent and Cranbourne North with 14.90 percent.
<table dir="ltr" border="1" cellspacing="0" cellpadding="0">
<colgroup>
<col width="100">
<col width="100">
<col width="100">
<col width="100">
</colgroup>
<tbody>
<tr>
<td data-sheets-value='{"1":2,"2":"Suburb"}'>Suburb</td>
<td data-sheets-value='{"1":2,"2":"Mar-17 Median"}'>Mar-17 Median</td>
<td data-sheets-value='{"1":2,"2":"Dec-16 Median"}'>Dec-16 Median</td>
<td data-sheets-value='{"1":2,"2":"Quarterly Change"}'>Quarterly Change</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"TEMPLESTOWE"}'>TEMPLESTOWE</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1552000}'>$1,552,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1320000}'>$1,320,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.176}'>17.60%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MOUNT ELIZA"}'>MOUNT ELIZA</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1270444}'>$1,270,444</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1100000}'>$1,100,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.155}'>15.50%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"CRANBOURNE NORTH"}'>CRANBOURNE NORTH</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":518000}'>$518,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":451000}'>$451,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.149}'>14.90%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"KILSYTH"}'>KILSYTH</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":699950}'>$699,950</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":610000}'>$610,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.147}'>14.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MORNINGTON"}'>MORNINGTON</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":870000}'>$870,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":760000}'>$760,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.145}'>14.50%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BRUNSWICK"}'>BRUNSWICK</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1271000}'>$1,271,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1125000}'>$1,125,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.13}'>13.00%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BUNDOORA"}'>BUNDOORA</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":746625}'>$746,625</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":663000}'>$663,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.126}'>12.60%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"NORTHCOTE"}'>NORTHCOTE</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1462000}'>$1,462,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1300000}'>$1,300,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.125}'>12.50%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"CRANBOURNE"}'>CRANBOURNE</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":487000}'>$487,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":434990}'>$434,990</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.12}'>12.00%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"CAMBERWELL"}'>CAMBERWELL</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":2295000}'>$2,295,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":2055000}'>$2,055,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.117}'>11.70%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BALWYN NORTH"}'>BALWYN NORTH</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1925000}'>$1,925,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1731000}'>$1,731,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.112}'>11.20%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"PRESTON"}'>PRESTON</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1000000}'>$1,000,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":900000}'>$900,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.111}'>11.10%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"KEW"}'>KEW</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":2165000}'>$2,165,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1950000}'>$1,950,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.11}'>11.00%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"HAMPTON PARK"}'>HAMPTON PARK</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":476500}'>$476,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":430000}'>$430,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.108}'>10.80%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"RICHMOND"}'>RICHMOND</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1482500}'>$1,482,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1340000}'>$1,340,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.106}'>10.60%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"SUNBURY"}'>SUNBURY</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":455500}'>$455,500</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":412625}'>$412,625</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.104}'>10.40%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"PAKENHAM"}'>PAKENHAM</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":450000}'>$450,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":410000}'>$410,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.098}'>9.80%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"BENTLEIGH EAST"}'>BENTLEIGH EAST</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1270000}'>$1,270,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":1165000}'>$1,165,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.09}'>9.00%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"MOOROOLBARK"}'>MOOROOLBARK</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":697000}'>$697,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":640000}'>$640,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.089}'>8.90%</td>
</tr>
<tr>
<td data-sheets-value='{"1":2,"2":"ROSEBUD"}'>ROSEBUD</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":550000}'>$550,000</td>
<td data-sheets-numberformat='{"1":4,"2":"\"$\"#,##0","3":1}' data-sheets-value='{"1":3,"3":506000}'>$506,000</td>
<td data-sheets-numberformat='{"1":3,"2":"0.00%","3":1}' data-sheets-value='{"1":3,"3":0.087}'>8.70%</td>
</tr>
</tbody>
</table>
A four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-templestowe-125341554" target="_blank">12 Clays Court</a>, Templestowe (above) has been listed for between $1.6 million to $1.75 million.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-templestowe-125087666" target="_blank">44 Unwin Street</a>, Templestowe (below) has been listed for between $1.68 million to $1.75 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/03/44%20Unwin%20Street.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-templestowe-124950934" target="_blank">254 Serpelis Road</a>, Templestowe (below) was sold recently in April for $1.505 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/03/254%20Serpelis%20Road.jpg" alt="">
Similarly a five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-templestowe-124913290" target="_blank">26 Bali Hi Boulevard</a>, Templestowe (below) was sold recently in April for $1.51 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/03/26%20Bali%20Hi%20Boulevard.jpg" alt="">
In January this year Property Observer reported <a href="/news/ringwood-caulfield-and-toorak-price-growth-lead-melbournes-median-house-to-750-000-plus-reiv">Melbourne</a>'s housing median rose to $750,000.
*Only suburbs with at least 30 sales in the relevant quarter are included
</body></html>

Templestowe homes top REIV quarterly median price growth list

<html><body>
The REIV is expecting about 770 auctions in 291 suburbs this week.
The top auction location this week is Craigieburn (15 auctions), followed by Bundoora, Glen Waverley, Smythesdale, and Werribee with 11 auctions in each.
Offerings include is a four bedroom house at <a href="https://www.realestateview.com.au/real-estate/3-ealing-close-craigieburn-vic/property-details-buy-residential-10943216/" target="_blank">3 Ealing Close</a>, Craigieburn (above).
Last weekend there were just the 44 auctions given Easter.
This weekend there are around 770 auctions.
This weekend last year agents secured a 75% success rate from 539 auctions.
</body></html>

Craigieburn leads Melbourne's 770 auction weekend: REIV

<html><body>
The REIV is expecting about 320 auctions in 189 suburbs this week.
The top auction locations this week are Craigieburn (8 auctions) and Hoppers Crossing (7 auctions), followed by Rye and St Albans with 6 auctions in each.
Last weekend there were 1,237 auctions (exc. 14 postponed and 21 withdrawn).
This weekend there will be 320 auctions.
This weekend last year 69 percent from 388 auctions.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-craigieburn-124766458">27 Hanson Road</a>, Craigieburn (above) has been listed for auction this Saturday.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-craigieburn-124757250">76 Thoresby Circuit</a>, Craigieburn (below) has been listed for auction this Saturday as well.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/09/76%20Thoresby%20Circuit.jpg" alt="">
</body></html>

Craigieburn tops Melbourne's 320 auctions on Moomba weekend

<html><body>
Melbourne’s median house price has surged over $750,000 for the first time, new data from the REIV shows.
In the three months to December 31, Melbourne’s median house price increased 5.0 per cent to a record high $770,000.
Growth was widespread across Melbourne and the market – from Toorak and Brighton to Moonee Ponds and Macleod. Double-digit growth was experienced in 43 of suburbs with more than 30 sales.
Growth was also recorded in the outer, more affordable suburbs, including Cranbourne in the south-east, and Hoppers Crossing and Wyndham Vale in the west.
Melton offers Melbourne's most affordable homes with a median price of $285,000.
<table style="width: 348px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td width="29">
 
</td>
<td width="177">
Most Affordable Suburbs
</td>
<td width="71">
Dec-16 Median
</td>
<td width="71">
Quarterly Change
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
1
</td>
<td valign="bottom" nowrap width="177">
MELTON SOUTH
</td>
<td nowrap width="71">
$285,000
</td>
<td nowrap width="71">
5.6%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
2
</td>
<td valign="bottom" nowrap width="177">
KURUNJANG
</td>
<td nowrap width="71">
$309,000
</td>
<td nowrap width="71">
0.5%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
3
</td>
<td valign="bottom" nowrap width="177">
MELTON WEST
</td>
<td nowrap width="71">
$352,000
</td>
<td nowrap width="71">
1.9%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
4
</td>
<td valign="bottom" nowrap width="177">
PAKENHAM
</td>
<td nowrap width="71">
$410,000
</td>
<td nowrap width="71">
-0.1%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
5
</td>
<td valign="bottom" nowrap width="177">
SUNBURY
</td>
<td nowrap width="71">
$412,000
</td>
<td nowrap width="71">
-3.5%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
6
</td>
<td valign="bottom" nowrap width="177">
WERRIBEE
</td>
<td nowrap width="71">
$415,000
</td>
<td nowrap width="71">
6.4%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
7
</td>
<td valign="bottom" nowrap width="177">
WYNDHAM VALE
</td>
<td nowrap width="71">
$415,000
</td>
<td nowrap width="71">
6.4%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
8
</td>
<td valign="bottom" nowrap width="177">
HAMPTON PARK
</td>
<td nowrap width="71">
$430,000
</td>
<td nowrap width="71">
0.2%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
9
</td>
<td valign="bottom" nowrap width="177">
CRANBOURNE
</td>
<td nowrap width="71">
$442,000
</td>
<td nowrap width="71">
13.3%
</td>
</tr>
<tr>
<td valign="bottom" nowrap width="29">
10
</td>
<td valign="bottom" nowrap width="177">
HOPPERS CROSSING
</td>
<td nowrap width="71">
$445,000
</td>
<td nowrap width="71">
6.7%
</td>
</tr>
</tbody></table>
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-melton+south-124447998" target="_blank">5 Moss Street</a>, Melton South (above) has been listed for sale for between $289,000 to $309,000, having last traded for $17,900 in 1986.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-melton+south-124527786?listingType=buy" target="_blank">453 Jester Drive</a>, Melton South (below) has been listed for sale for $278,500.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/31/453%20Jester%20Drive.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-melton+south-124529894" target="_blank">1 Lachlan Road</a>, Melton South (below) has been recently sold for $300,000. It sold for previously for $207,500 in 2008.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/31/1%20Lachlan%20Road.jpg" alt="">
Another three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-melton+south-124237090" target="_blank">2 Henty Street</a>, Melton South (below) was also recently sold for $272,000, having last traded in 1979 when selling for $26,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/31/2%20Henty%20Street.jpg" alt="">
</body></html>

Melton South ranks top of Melbourne's most affordable 10 suburbs

<html><body>
Former Housing Industry Association executive director Gil King has been named as chief executive officer of the REIV.
He replaces Enzo Raimondo who is now at the website,realestateview.
REIV director Geoff White has been acting CEO.
Joseph Walton, REIV President, said Mr King brings a wealth of experience to the role, both within membership organisations and within policy and regulatory environments.
Mr King said there are also challenges to be met in light of elevated market demand and expectations.
“With so much focus on the Victorian real estate sector, it’s an important time for us to maintain a strong voice and I hope to continue to build on the strong foundations that are already in place," he said.
“I’m looking forward to working closely with the REIV’s members to continue to grow the organisation and help support their needs.”
</body></html>

jonathanchancellor-7SQnKwU6yx

REIV announces Gil King as CEO appointment

<html><body>
Melbourne’s median house price has surged over $750,000 for the first time, new data from the REIV shows.
Ringwood - East and North - along with Caulfield South - and prestigious Toorak - led Melbourne's median house to $750,000 plus. 
In the three months to December 31, Melbourne’s median house price increased 5.0 per cent to a record high $770,000.
Growth was widespread across Melbourne and the market – from Toorak and Brighton to Moonee Ponds and Macleod. Double-digit growth was experienced in 43 of suburbs with more than 30 sales. 
Growth was also recorded in the outer, more affordable suburbs, including Cranbourne in the south-east, and Hoppers Crossing and Wyndham Vale in the west.
The median house price in all three suburbs remains below $450,000.
Units and apartments also increased in price over the December quarter in Melbourne, rising 3.0 per cent to $563,500. 
In regional Victoria, house prices experienced growth of 2.0 per cent to $358,000, while the unit and apartment median was slightly lower than the September quarter at $269,000.
The REIV President, Joseph Walton, said the latest quarterly figures indicate strength in the Victorian market.
“Transaction numbers in the inner and middle suburbs of Melbourne were up more than 20 per cent from the September quarter,” he said. 
“The ongoing interest from investors and homebuyers in the Victorian market looks likely to continue well into this year,” he said.
He said buyer demand continues to drive price growth and high clearance rates.
TOP 20 SUBURBS - DECEMBER 2016 QUARTER
 
<table cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="middle">
 
</td>
<td valign="middle">
Top Growth Suburbs
</td>
<td valign="middle">
Dec-16 Median
</td>
<td valign="middle">
Sep-16 Median
</td>
<td valign="middle">
Quarterly Change
</td>
</tr>
<tr>
<td valign="middle">
1
</td>
<td valign="middle">
RINGWOOD EAST
</td>
<td valign="middle">
$900,000
</td>
<td valign="middle">
$717,000
</td>
<td valign="middle">
25.5%
</td>
</tr>
<tr>
<td valign="middle">
2
</td>
<td valign="middle">
CAULFIELD SOUTH
</td>
<td valign="middle">
$1,807,500
</td>
<td valign="middle">
$1,450,000
</td>
<td valign="middle">
24.7%
</td>
</tr>
<tr>
<td valign="middle">
3
</td>
<td valign="middle">
TOORAK
</td>
<td valign="middle">
$4,762,500
</td>
<td valign="middle">
$3,900,000
</td>
<td valign="middle">
22.1%
</td>
</tr>
<tr>
<td valign="middle">
4
</td>
<td valign="middle">
BRIGHTON
</td>
<td valign="middle">
$2,740,000
</td>
<td valign="middle">
$2,245,000
</td>
<td valign="middle">
22.0%
</td>
</tr>
<tr>
<td valign="middle">
5
</td>
<td valign="middle">
ARMADALE
</td>
<td valign="middle">
$2,460,000
</td>
<td valign="middle">
$2,020,000
</td>
<td valign="middle">
21.8%
</td>
</tr>
<tr>
<td valign="middle">
6
</td>
<td valign="middle">
BROADMEADOWS
</td>
<td valign="middle">
$481,000
</td>
<td valign="middle">
$397,000
</td>
<td valign="middle">
21.2%
</td>
</tr>
<tr>
<td valign="middle">
7
</td>
<td valign="middle">
PRAHRAN
</td>
<td valign="middle">
$1,685,000
</td>
<td valign="middle">
$1,394,000
</td>
<td valign="middle">
20.9%
</td>
</tr>
<tr>
<td valign="middle">
8
</td>
<td valign="middle">
MOONEE PONDS
</td>
<td valign="middle">
$1,235,000
</td>
<td valign="middle">
$1,030,000
</td>
<td valign="middle">
19.9%
</td>
</tr>
<tr>
<td valign="middle">
9
</td>
<td valign="middle">
BOX HILL SOUTH
</td>
<td valign="middle">
$1,316,000
</td>
<td valign="middle">
$1,101,000
</td>
<td valign="middle">
19.5%
</td>
</tr>
<tr>
<td valign="middle">
10
</td>
<td valign="middle">
MACLEOD
</td>
<td valign="middle">
$925,000
</td>
<td valign="middle">
$775,000
</td>
<td valign="middle">
19.4%
</td>
</tr>
<tr>
<td valign="middle">
11
</td>
<td valign="middle">
HAWTHORN
</td>
<td valign="middle">
$2,470,000
</td>
<td valign="middle">
$2,080,000
</td>
<td valign="middle">
18.8%
</td>
</tr>
<tr>
<td valign="middle">
12
</td>
<td valign="middle">
THOMASTOWN
</td>
<td valign="middle">
$567,000
</td>
<td valign="middle">
$477,500
</td>
<td valign="middle">
18.7%
</td>
</tr>
<tr>
<td valign="middle">
13
</td>
<td valign="middle">
RINGWOOD NORTH
</td>
<td valign="middle">
$950,500
</td>
<td valign="middle">
$815,000
</td>
<td valign="middle">
16.6%
</td>
</tr>
<tr>
<td valign="middle">
14
</td>
<td valign="middle">
DONCASTER
</td>
<td valign="middle">
$1,398,000
</td>
<td valign="middle">
$1,202,500
</td>
<td valign="middle">
16.3%
</td>
</tr>
<tr>
<td valign="middle">
15
</td>
<td valign="middle">
DROMANA
</td>
<td valign="middle">
$659,000
</td>
<td valign="middle">
$566,750
</td>
<td valign="middle">
16.3%
</td>
</tr>
<tr>
<td valign="middle">
16
</td>
<td valign="middle">
UPWEY
</td>
<td valign="middle">
$645,000
</td>
<td valign="middle">
$555,000
</td>
<td valign="middle">
16.2%
</td>
</tr>
<tr>
<td valign="middle">
17
</td>
<td valign="middle">
NARRE WARREN SOUTH
</td>
<td valign="middle">
$577,500
</td>
<td valign="middle">
$500,000
</td>
<td valign="middle">
15.5%
</td>
</tr>
<tr>
<td valign="middle">
18
</td>
<td valign="middle">
LALOR
</td>
<td valign="middle">
$560,000
</td>
<td valign="middle">
$487,000
</td>
<td valign="middle">
15.0%
</td>
</tr>
<tr>
<td valign="middle">
19
</td>
<td valign="middle">
SPRINGVALE
</td>
<td valign="middle">
$727,500
</td>
<td valign="middle">
$635,000
</td>
<td valign="middle">
14.6%
</td>
</tr>
<tr>
<td valign="middle">
20
</td>
<td valign="middle">
MOUNT MARTHA
</td>
<td valign="middle">
$945,000
</td>
<td valign="middle">
$825,000
</td>
<td valign="middle">
14.5%
</td>
</tr>
</tbody></table>
Source REIV
This time last year Melbourne’s median price had moderated following four successive quarters of growth, with the median price down marginally in the 2015 December quarter – down 0.1 per cent to a median house price of $718,000.
At Ringwood East a three bedroom house at <a href="https://www.realestateview.com.au/real-estate/38a-holland-road-ringwood-east-vic/property-details-buy-residential-10589674/" target="_blank">38a Holland Road</a>, Ringwood East (above) has been listed for sale.
Similarly an eight bedroom house at <a href="https://www.realestateview.com.au/real-estate/19-fernwood-avenue-ringwood-east-vic/property-details-buy-residential-10603034/" target="_blank">19 Fernwood Avenue</a>, Ringwood East (below) has been listed for sale.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/19-fernwood-avenue-ringwood-east-vic-3135-real-estate-photo-1-large-10603034.jpg" alt="">
A four bedroom home at <a href="https://www.realestateview.com.au/real-estate/3-debbie-place-ringwood-north-vic/property-details-buy-residential-10797060/" target="_blank">3 Debbie Place, </a>Ringwood North (below) has been listed for sale for between $750,000 to $850,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/3%20Debbie%20Place.jpg" alt="">
A four bedroom home at <a href="https://www.realestateview.com.au/real-estate/54-evelyn-road-ringwood-north-vic/property-details-buy-residential-10799125/" target="_blank">54 Evelyn Road,</a> Ringwood North (below) has been listed for sale.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/54%20Evelyn%20Road.jpg" alt="">
At Ringwood East a two bedroom home at <a href="https://www.realestateview.com.au/real-estate/12a-wenwood-street-ringwood-east-vic/property-details-sold-residential-10667314/" target="_blank">12A Wenwood Street</a>, Ringwood East (below) was sold for $730,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/12a-wenwood-street-ringwood-east-vic-3135-real-estate-photo-1-large-10667314.jpg" alt="">
Similarly a three bedroom home at <a href="https://www.realestateview.com.au/real-estate/13-isabel-avenue-ringwood-east-vic/property-details-sold-residential-10663319/" target="_blank">13 Isabel Avenue</a>, Ringwood East (below) was sold.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/13-isabel-avenue-ringwood-east-vic-3135-real-estate-photo-1-large-10663319.jpg" alt="">
A four bedroom home at <a href="https://www.realestateview.com.au/real-estate/6-unsworth-road-ringwood-north-vic/property-details-sold-residential-10634164/" target="_blank">6 Unsworth Road,</a> Ringwood North (below) was recently sold for $1,310,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/6%20Unsworth%20Road.jpg" alt="">
A five bedroom home at <a href="https://www.realestateview.com.au/real-estate/625-627-ringwood-warrandyte-road-ringwood-north-vic/property-details-sold-residential-10681851/" target="_blank">625-627 Ringwood-Warrandyte Road,</a> Ringwood North (below) was sold for $1,600,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/01/27/625-627%20Ringwood-Warrandyte%20Road.jpg" alt="">
</body></html>

jchancellor-FAypfDUnLy

Ringwood, Caulfield and Toorak price growth lead Melbourne's median house to $750,000 plus: REIV

<html><body>
<div>A total of 188 auctions are now scheduled for Melbourne in January, according to Real Estate Institute of Victoria (REIV) statistics.</div>
<div> </div>
<div>The agent overseeing Melbourne’s first 2017 auction, Harcourts Frankston director Darren Dowel will take <a href="https://www.realestate.com.au/property-house-vic-frankston+south-124331522" target="_blank">37 Fleetwood Cres, Frankston South</a> (above) to auction on Saturday, January 14 at 11am.</div>
<div> </div>
<div>
<div>
<div id="rui-main-content">
<div>
<div>
<img src="https://www.realestate.com.au/blog/wp-content/uploads/2017/01/05113753/capi_77f6f7cf1233a4fe6fe945808caf59c5_055049ffa4941390c8d0a948aebf9690.jpeg" alt="37 Fleetwood Crescent Frankston South - Leader sum">37 Fleetwood Cres, Frankston South (above) is a three-bedroom weatherboard home featuring chandeliers, a reading nook, a covered deck and spacious leafy gardens.
The 764sq m block is within both the Frankston High School and Derinya Primary School zone and is 1km from the beach.
</div>
<div><img src="https://www.realestate.com.au/blog/wp-content/uploads/2017/01/05113755/capi_77f6f7cf1233a4fe6fe945808caf59c5_a522f1631438216123e96c4c178cc5a8.jpeg" alt="37 Fleetwood Crescent Frankston South - Leader sum"></div>
Dowel told the Herald Sun that 68 people had come through the home after just 25 days on the market.
“It’s been owned by an elderly couple for 25 years and they’re now moving to Gippsland Lakes,” he said.
REIV CEO Geoff White said close to 4000 auctions were held in Victoria in December, the highest number in the state’s history, with more than 1200 of these auctions held on December 17-18.
Other homes going to auction on Saturday, January 14 include:
A three bedroom house at <a href="https://www.realestate.com.au/property-townhouse-vic-springvale+south-124315558" target="_blank">1/1 Hosken St, Springvale South.</a>
A two bedroom house at <a href="https://www.realestate.com.au/property-apartment-vic-st+kilda-124421850" target="_blank">5/12 Leonards Ave, St Kilda.</a>
A four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-mornington-124365686" target="_blank">11 Harmony Rise, Mornington.</a>
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-dromana-124394742" target="_blank">4 Graeme St, Dromana</a>.
</div>
</div>
</div>
</div>
</body></html>

Mornington Peninsula lead the early bird auctions scheduled for January 2017

<html><body>
The proportion of vacant residential properties decreased over September in metro Melbourne at 2.5 percent, while in regional Victoria, the vacancy rate was also lower at 2.7 percent over the month.
The weekly median rent for houses in metropolitan Melbourne rose to $410 a week, while in regional Victoria, the weekly median rent for houses remained at $300 a week, according to the REIV.
<a href="/images/2016/10/25/Rental%20vacancy.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/10/25/Rental%20vacancy.jpg" alt="">
</body></html>

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