Month: March 2016

Litmus — Level Red 

Land is real estate’s most objective litmus test; and never more than among the AAAs over the last couple of weeks. It’s beyond red. Think Dayglo. Adjoining properties at Anderson Street and Domain Road. An EOI that put them together. 28,000 sq ft. Some heritage issues. Some price: $33m. And a Dayglo red flag for …

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Anyone for Dominos?

No. Not the pizza. The top end real estate market. Too few properties, too many cashed up buyers, too much frustration. One high which leads to the next. The Domino Effect. Vista Grove sold before auction for $8m when last year they couldn’t get $7m. The buyer? An also-ran at a land auction that went through the …

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