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Closing the gap on suburban commercial property

As the world’s most liveable city, Melbourne has so much to offer. Opportunities await on every corner. In commercial property investment, this has seen the spotlight planted firmly on the CBD. But the tide is steadily shifting. CBD office space in Melbourne is being squeezed by a growing preference for residential development, prompting tenants and investors to look further afield and pushing cap rate compression well beyond expert predictions...

Adapt or Die: Government’s imposed changes will further redefine Melbourne's apartment market

There’s been comprehensive media coverage and informed comment regarding the Government’s imposed changes to the off the plan market, looming as of July 1st this year, but what does this really mean for the industry? From this date and beyond there will be a significant impost on investors no longer being able to claim the off the plan stamp duty benefits, as well as first home buyers receiving a substantial stamp duty benefit for off the plan...

What can the urban development industry do about the challenges facing growth area communities?

We have a challenge ahead of us. How, as our population continues to grow, can the urban development industry ensure that we are creating healthy, sustainable and liveable communities in which people can enjoy socially connected and fulfilling lifestyles? Much of the urban development discourse (as well as a variety of tools and guidelines) typically articulates a range of positive outcomes we should be aiming for through the urban development...

Now is the time of the Landlord Generation

Gen X? Gen Y? Millennials? Well in the property market we’ve hit the ‘Landlord Generation’. This Landlord generation are investors expanding their property and in turn rental portfolios. Despite media reports of an oversupply, the Melbourne residential market continues to grow and given population forecasts there is no slow down. The end of the financial year will herald the end of major stamp duty benefits to local hardworking investors as the...

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Development & Planning

Wednesday, December 13, 2017 - 12:00
The swirl of development activity in Footscray has found another gear as new projects are submitted for approval, or are on the verge of beginning construction. Two separate planning applications have been advertised by Maribyrnong City Council; their subsequent addition to the Urban Melbourne Project Database has seen the overall number of apartment developments within Footscray in development swell to 40.

Policy, Culture & Opinion

Monday, November 20, 2017 - 12:00
The marriage of old and new can be a difficult process, particularly when the existing structure has intrinsic heritage value. In previous times Fitzroy's 237 Napier Street served as the home of furniture manufacturer C.F. Rojo and Sons. Taking root during 1887, Christobel Rojo oversaw operations though over time the site would become home to furniture manufacturer Thonet.

Visual Melbourne

Friday, August 25, 2017 - 07:00
The former site of John Batman's home, Batman's Hill is entering the final stages of its redevelopment. Collins Square's final tower has begun its skyward ascent, as has Lendlease's Melbourne Quarter Commercial and Residential precinct already. Melbourne Quarter's first stage is at construction and involves a new 12-storey home for consultancy firm Arup along with a skypark.

Transport & Design

Friday, December 15, 2017 - 11:00
Infrastructure Victoria unveiled a new round of research into its larger programme of work dealing with managing transport demand. The authority contracted Arup and KPMG to produce the Melbourne Activity Based Model (MABM) and while it is new, it is considered fit for purpose in the strategic context.

Sustainability & Environment

Tuesday, October 24, 2017 - 12:00
Cbus Property's office development for Medibank at 720 Bourke Street in Docklands recently became the first Australian existing property to receive a WELL Certification, Gold Shell and Core rating. The WELL rating goes beyond sustainable building features with a greater focus on the health and well-being of a building's occupants.