Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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Joel Robinson

First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

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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