Melbourne Property Market Update – September 20th, 2015
By Peter Sarmas on 20 Sep 2015
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Outcry Over Abrupt Planning Restrictions In Melbourne
Could Melbourne CBD become a warren of ill-lit wind tunnels as a result of breakneck development? Sourceable Industry News talks about the Victorian Minister for Planning triggering controversy with the abrupt introduction of interim planning controls.
$291m ClarkeHopkinsClarke Melbourne Schools Project
Fifteen new schools worth $291 million will be built in Melbourne’s rapidly growing fringe areas by 2018. The schools will be designed, built, financed and maintained for 25 years under a public-private partnership program. Find out if your suburb will benefit in this report.
Lending To End July 2015 – Investment Housing Still Strong
Investment housing flows made up 38.2% of all new fixed commercial lending in the month and 29% of all new commercial lending. Martin North of Digital Finance Analytics provides a report on the ABS finance statistics to end July.
Melbourne Planning Changes Certain To Benefit Public
The Victorian state government introduced interim planning laws for the city’s CBD that restrict plot ratios to 24:1, impose new height limits, require more space between buildings and assign the City of Melbourne a greater role in planning processes. ArchitectureAU report on how these new laws will affect Melbourne and developers.
Mortgage Choice Closes “Help Me Choose”
Mortgage Choice Limited said that as a consequence of a comprehensive strategic and operational review, the company has made the decision to shut down its Help Me Choose business unit. Read the report from Digital Finance Analytics.
Melbourne To Brisbane Rail To Cost $10 Billion
Plans to build the mooted Melbourne to Brisbane railway will cost around $10 billion but add $22.5 billion to the Australian economy and generate up to 16,000 jobs over a ten-year construction period. Soureable Industry News looks at the project’s business case which has now been referred to Infrastructure Australia.
