Central Equity Snaps Up Tarneit Land For $98 Million [Urban Developer]

Useful for owners/investors who own in Tarneit: Developers are beginning to pay good money for land in Tarneit. Central Equity just spent $98 million on a 105-hectare property. PEET paid $90 million last year for a 123-hectare property. This works out to be about just under $1 million per hectare. Not too bad for the western…

The charts that suggest the housing bubble is out of control [The Age]

Some numbers we should be savvy of, especially in a time when the bears are chanting the word ‘bubble’. Residential mortgages as % of total loans: > 60%. In 2015 – More than 50% of the loans were interest-only. The impact of property ownership on GDP – $182.5 billion. Ownership of dwellings is second at about $147…

Choosing a building team [Consumer VIC]

Essential Read for those looking to build. Building a home is not just about dealing with the snazzy sales pitch or grappling with the overwhelming fixes/colour selection – it is also about getting the right crew to get well, build your home. Maybe not all our builds will require this level of attention, but it’s generally a great…

Planning Regulations Made Easy [Houzz, 2016]

Planning Regulations Made Easy by Rebecca Naughtin Source – Houzz, published 30 January 2016 Planning to build but not sure how far you can push the boundaries? Let’s cut through the jargon and make the most of your site