Three young couples celebrate their new beginnings at Melbourne’s very own “Melrose Place.” Melbourne’s very own Melrose Place has emerged in Melbourne’s southeast as three young first-home buyer couples scored the keys to homes in the unit block Reminiscent of the iconic 1990s drama series which involved a group of young adults in a stylish apartment complex – fingers crossed the show’s romances and dramatic antics stay within the confines of the drama series Oakleigh South all went under the hammer on the same day RELATED: Why the RBA must cut rates RCA: Twelve Apostles eco-resort site listed for sale Mildura’s oldest home gets modern makeover “you can never have too much guacamole at a party,” there was a lively atmosphere at the auctions with the homes quickly snapped up one after the other amid competition from 10 couples 10 first-home buyer bidders eyed their chance to score one of the three units Ray White Oakleigh’s Leigh Kelepouris said the auction was a “celebration of the vibrant community spirit the area offers” which made for a lively and enthusiastic atmosphere,” Mr Kelepouris said There were smiles all around at the auction as the three first homebuyer couples snagged one of three Oakleigh South units The trio of units offered open-plan living and according to Ray White Oakleigh’s Leigh Kelepouris “a vibrant community spirit.” “One bidder even had their sights set on all three properties.” the trio of units offered buyers open-plan living spaces with decent-sized kitchens The layouts were designed to ensure ample sunlight and minimal fuss within a peaceful neighbourhood and no owners corporation have combined modern living with the charm making them irresistible to first-time buyers eventually scoring the final unit on offer Mr Kelepouris said the vendors were very excited for the new buyers and went with the recommended strategy to sell each unit individually “The result and the advice the vendors took from us resulted in the most favourable outcome,” he said and the sellers were so happy to see all these new young owners the average price for a two-bedroom unit in Oakleigh South is $608,500 Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox RELATED: Vic landlord puts home under the hammer amid rental reforms Inside a Hawthorn house straight out of a time capsule Real reason behind Harry, Meghan Portugal property ambitions third parties have written and supplied the content and we are not responsible for it completeness or reliability of the information nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content We do not recommend sponsored lenders or loan products and we cannot introduce you to sponsored lenders We strongly recommend that you obtain independent advice before you act on the content realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd. By accessing or using our platform, you agree to our Terms of Use. Add articles to your saved list and come back to them any time a place where nothing interesting ever happens Its biggest claim to fame is being adjacent to a livelier suburb with a very similar name the most common response is: “Where’s that?” The next most common response is: “All those wonderful Greek cafes!” That’s when I explain that Oakleigh is an entirely different suburb and that the cakes and coffees of Eaton Mall are an hour’s walk from my home there’s barely a barista to be found in these parts The paradox of Oakleigh South is that a lot of what’s great about it is its proximity to other places there’s a wonderful collection of Sri Lankan shops just a short walk away – on the Clarinda side of Centre Road (Nor is it in Huntingdale – it’s in Oakleigh.) with an ever-growing number of bubble tea shops and Chinese restaurants Even Bunnings has moved from Centre Road up to the Warrigal Road boundary with Bentleigh East as if trying to escape the confines of Oakleigh South Commonwealth and Huntingdale golf clubs take up a large proportion of Oakleigh South The residents, not so much. All those beautiful open green spaces are privately owned and for members only. Thanks to the sandy loam soil so valued by golf clubs, another chunk of the suburb is taken up by a disused sand quarry and tip which many residents dare to hope might one day become a park Then there are the industrial pockets – showrooms with many original ’60s and ’70s single-storey homes and a scattering of units But we do have one claim to fame: Melbourne’s oldest ice skating rink which opened in 1971 and appears not to have changed much since then you can sit on the benches and feel your feet slowly turning numb while your back overheats from the sun beating down onto the corrugated iron roof but one thing has changed over the past 20 years: demographics The area’s once-significant Greek and Italian migrant population is giving way to those born in India (8.1 per cent) and China (6.4 per cent) with those born in Greece now making up just 5 per cent of the population the migrants who were among the first to buy homes in Oakleigh South have left a beautiful legacy in the form of the ubiquitous front-yard olive trees (although My own street has residents born in several different countries and it’s diverse in other ways too: we have violinists plumbers and graphic designers – even a surfing skateboarding real estate agent and her surfing Kids ride bikes up and down the street and play hide-and-seek in people’s gardens We have street parties and barbecues; at Halloween the biggest surprise about Oakleigh South is that it’s the friendliest place I’ve ever lived Oakleigh South is devoid of pretension. There’s no “keeping up with the Joneses” around here – people quietly go about living their lives in a landscape of benign suburban sameness. We don’t do grand mansions or showy homes (although a resident made the news in 2016 for his immaculately kept lawn This place so epitomises Victorian suburbia that the late artist Howard Arkley moved here in 1991 to experience the suburbs that inspired his work His artworks of 1960s brick veneer homes feature the use of pattern iridescent colour and a distinctive airbrush technique Howard Arkley in front of his work in the Australian pavilion at the Venice Biennale in June 1999.Credit: Fernando Proietti an obituary mentioned Arkley’s move to “defiantly untrendy Oakleigh South” and I can confirm that Oakleigh South continues to live up to that reputation When the blandness of suburbia threatens to overwhelm me I try to see my own brick veneer home through an Arkley lens: a shining Nothing exciting happens in my suburb – and that’s not entirely a bad thing because what Oakleigh South lacks in excitement safe and friendly – all things I have appreciated in my 12 years here we don’t have the cafes and period homes of Oakleigh the restaurants of Clayton or Bentleigh East’s shopping strip and sports facilities as I remind myself while driving to the next suburb to get a coffee and a piece of spanakopita Perhaps there’s nothing special about my suburb but you could do a lot worse than living out your days in such anodyne serenity Marisa Mowszowski is a primary school art teacher The Opinion newsletter is a weekly wrap of views that will challenge, champion and inform your own. Sign up here the most common response is: \\u201CWhere\\u2019s that?\\u201D The next most common response is: \\u201CAll those wonderful Greek cafes!\\u201D That\\u2019s when I explain that Oakleigh is an entirely different suburb and that the cakes and coffees of Eaton Mall are an hour\\u2019s walk from my home there\\u2019s barely a barista to be found in these parts The paradox of Oakleigh South is that a lot of what\\u2019s great about it is its proximity to other places there\\u2019s a wonderful collection of Sri Lankan shops just a short walk away \\u2013 on the Clarinda side of Centre Road (Nor is it in Huntingdale \\u2013 it\\u2019s in Oakleigh.) All those beautiful open green spaces are privately owned and for members only Thanks to the sandy loam soil so valued by golf clubs another chunk of the suburb is taken up by a Then there are the industrial pockets \\u2013 showrooms with many original \\u201960s and \\u201970s single-storey homes and a scattering of units But we do have one claim to fame: Melbourne\\u2019s oldest ice skating rink It\\u2019s true that nothing much happens here The area\\u2019s once-significant Greek and Italian migrant population is giving way to those born in India (8.1 per cent) and China (6.4 per cent) and it\\u2019s diverse in other ways too: we have violinists plumbers and graphic designers \\u2013 even a surfing Kids ride bikes up and down the street and play hide-and-seek in people\\u2019s gardens the biggest surprise about Oakleigh South is that it\\u2019s the friendliest place I\\u2019ve ever lived There\\u2019s no \\u201Ckeeping up with the Joneses\\u201D around here \\u2013 people quietly go about living their lives in a landscape of benign suburban sameness We don\\u2019t do grand mansions or showy homes (although a resident made the news in 2016 for an obituary mentioned Arkley\\u2019s move to \\u201Cdefiantly untrendy Oakleigh South\\u201D Nothing exciting happens in my suburb \\u2013 and that\\u2019s not entirely a bad thing because what Oakleigh South lacks in excitement safe and friendly \\u2013 all things I have appreciated in my 12 years here we don\\u2019t have the cafes and period homes of Oakleigh the restaurants of Clayton or Bentleigh East\\u2019s shopping strip and sports facilities Perhaps there\\u2019s nothing special about my suburb The Opinion newsletter is a weekly wrap of views that will challenge This is probably not the page you’re looking for 26 Jun 2024 • 3m read • View Author Urban-regeneration-for-Australia-s-housing-crisis-1732061069.png Master-planned communities on urban infill sites offer an opportunity to deliver on the 20-minute neighbourhood principles, with residents able to access their daily needs within a 20-minute walk from home while embracing key pillars of the Sustainable Development Goals (SDGs). “Urban infill sites offer us a rare opportunity to masterplan healthy communities that are truly attainable and located in proximity to existing infrastructure and employment. Rather than relying on piecemeal development, these sites allow for the sustainable increase of urban growth and the creation of a vibrant urban centre, instead of just a network of streets with no discernible centre,” says urban planning expert Mike Day. Leveraging urban regeneration to offer more diverse housing typologies as well as bring housing closer to jobs and amenities without dependence on cars can drive a more inclusive vision for Australia’s housing future, he notes. “Australian cities are among the most sprawling in the world, and a lack of density means outer suburban greenfield development falls short on walkability, access to transport, schools and healthcare – meaning families incur more day-to-day living costs. Development in outer suburban settings might deliver affordable housing, but not affordable living,” says Day. Inner city neighbourhoods such as Melbourne’s Fitzroy, Carlton and East Melbourne are a good place to start for city planners looking for examples of transit-based, compact, medium-density communities that embrace the core pillars of 20-minute neighbourhoods. To address the problem of the ‘missing middle’, Day suggests human-scale buildings with multiple units that are compatible in character and form with detached single-family homes. “With population densities of 25-35 dwellings per hectare, we can increase walkability and affordability and create thriving local economies.” According to Day, there are several suitable infill urban sites across Australia, which will help achieve the Federal Government’s ambitious target of building 1.2 million well-located homes in the next five years. Day says Melbourne developer Sterling Global’s plans to regenerate the former Talbot Quarry site, located in Oakleigh South in Melbourne’s south-east, into Talbot Village, a residential-led, master-planned community, has the potential to be Australia’s first true representation of the 20-minute neighbourhood principles and help realise the vision of Victoria’s Housing Statement. With plans for more than 1,000 new dwellings, the Talbot Village masterplan lays the groundwork for an accessible and connected neighbourhood that introduces much-needed housing diversity for key workers in the City of Monash. However, the project is currently awaiting the green light after more than a decade of planning and community consultation. “Planning authorities need to give more consideration to infill development as a way to deliver healthy and liveable communities, which have a true mix of uses at their heart. Minimal refinements of land use planning could pave the way forward in supporting the sustainable growth of new, vibrant, walkable urban communities that our suburbs urgently need.” Image: https://outdoorsqueensland.com.au/20-minute-neighbourhoods/ Rooted, resilient, resonant: Off-grid family living amongst the rugged Australian landscape Using DecoBatten®’s latest profile on The Seaside Sanctuary Solid Nordic softwood in interior design: Sustainable solutions for joinery, flooring and wall panelling Construction of resort-style clubhouse begins at AVID’s over 50s lifestyle precinct in Fraser Coast Sign up to our newsletter for the latest industry news, products and inspiration. South Melbourne kicked off the 2025 season in perfect fashion securing a 1-0 win over Oakleigh Cannons in the Community Shield on Friday night at The Home of the Matildas both teams played out a competitive first half with South controlling much of the possession but unable to find the breakthrough it took less than five minutes into the second half for Nahuel Bonada to make the difference Bonada slotted a low strike past the keeper to give South the lead – a goal that would ultimately seal the club’s second Community Shield title after first lifting the trophy in 2015 South held firm to claim the first silverware of the season and set the tone for an exciting campaign ahead South now turns its focus to Round 1 of the 2025 NPL Victoria season opening the league campaign this Friday night against Port Melbourne in what promises to be another thrilling encounter 4 x National Champs10 x Victorian Champs (Men)4 x Victorian Champs (Women) A Badger Creek man and a Mooroolbark woman were arrested alongside seven other counterparts after being located at a factory allegedly containing a bounty of stolen goods Police officers from Knox and Rowville were patrolling the area when reports of suspicious activity at a factory on Lewis Road in Wantirna South on 10 January were made An allegedly stolen Renault van was driven through a boundary fence before being located abandoned in Ringwood East Seven people inside the factory were swiftly arrested Police including detectives from Knox Crime Investigation Unit located over 150 allegedly stolen items and other items including a VF Commodore sedan An eighth suspect was arrested after turning up to the factory while officers were on-site a 28-year-old Badger Creek man and a 23-year-old Mooroolbark woman and a 20-year-old Rowville woman were interviewed and released from custody pending further enquiries The driver of the allegedly stolen Renault van was arrested on 14 January by Moorabbin Crime Investigation Unit detectives A 23-year-old Clayton man was charged with reckless exposure of police officer to risk by driving criminal damage and driving whilst disqualified He was remanded in custody to appear at Ringwood Magistrates’ Court on 21 January Add videos to your saved list and come back to them any time Wayne Carey into property spruiking gameAlesha Capone St Kilda‘s Jack Higgins is helping to promote 9 Myrtle Court St Kilda forward Jack Higgins has joined the list of AFL identities kicking in to help promote Melbourne real estate listings The former Richmond player and 2018 AFL Goal of the Year recipient appears in an online marketing video for a three-bedroom house at 9 Myrtle Court, Oakleigh South. AFL champ Wayne Carey tackles real estate gig for old rival Dustin Martin: How AFL champ will spend life after footy, thanks to his property portfolio Buxton Oakleigh’s Dimitri Damianos said he met Higgins a few months ago and recruited him for the video because the house has a park behind it Higgins catches a football that Mr Damianos kicks to him from the back yard Mr Damianos said the idea behind having Higgins in the video was to provide a point of difference in the Melbourne real estate market where thousands of new properties are listed every week Jack Higgins in action at Marvel Stadium in July 2024 And depending on matches and his training schedule Higgins might even make an appearance at the home’s auction had been owned by a family from an European background for several years Featuring a formal living area and dining space there’s also a kitchen and meals area with a servery that opens to the family room a garage with a workshop and double carport are among the other amenities “It’s a fantastic family home in particular,” Mr Damianos said “There’s an option to renovate or knock down and rebuild Mr Damianos said he was a fan of the house’s retro-style kitchen and bathroom and that the residence’s “good bones” had mostly attracted family buyers hoping to renovate it The abode will be auctioned at 11.30am on Saturday Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox MORE: Dion Prestia: Tigers’ star sells renovated home that was nearly collapsing for $2.3m Victorian Homebuyer Fund: Gov scheme helping first-home buyers set to end in 2025 Australia’s youngest gun real estate agents revealed Oakleigh South Primary School has transformed from a school at risk of closure to one performing better than most others in the state – and it has the NAPLAN results to prove it the school was earmarked for closure and listed among the worst performing in Victoria Oakleigh South Primary School acting principal Nikki Virtuoso (back left) and assistant principal Erik Albers with students (from left) Masaki But principal Ron Cantlon was determined to turn things around and over 32 years at the helm has watched the school thrive “He has spent his life building this school to what it is today,” acting principal Nikki Virtuoso said The Age analysed the average NAPLAN scores across all five disciplines for schools in the state which showed Oakleigh South outperformed all government primary schools in Melbourne’s south-east and performed in the top 15 primary schools across government and non-government schools in Victoria “We are very proud of our literacy and numeracy results linking children to school is our proudest achievement.” The top-performing schools for each region highlighted the achievement of selective-entry government schools including Melbourne High and Mac.Robertson Girls’ High in inner Melbourne Suzanne Cory High in Melbourne’s west and Nossal High in Melbourne’s south-east Schools are not ranked in order of achievement The scores reflect raw test results and are not weighted for schools’ socioeconomic status Camberwell Grammar School in Melbourne’s inner east Korowa Anglican Girls’ School in the inner south Melbourne Rudolf Steiner School in the outer east and Lighthouse Christian College Cranbourne in the south-east were among the top-ranked independent schools for their regions other government primary schools to make the grade included Preston West Primary School in the north-east Vermont Primary School in the outer east and Glen Huntly Primary School in the inner south Ballarat Clarendon College, which has topped the state’s VCE results for consecutive years was one of the top-ranked regional schools for NAPLAN once again school leadership has prioritised investment in extracurricular activities or care for chooks in the “sustainable village” at the property “We connect kids to school by giving them something that they’re passionate about at school and that is what we are most proud of,” Virtuoso said She said Oakleigh South had “exceptionally high behaviour expectations” of students and was blessed with good kids Oakleigh South students are taught what behaviour is expected of them early on and rules are linked back to the school values “You would not be able to achieve those results unless you have exemplary behaviour,” Virtuoso said his transformational work is in safe hands “He’s very welcome to stay in the chair for as long as he would like to but he’s not going to be here forever,” Virtuoso said “But he has a really amazing staff … that are very committed to continuing his legacy and keeping this place in the top-performing schools in Victoria.” Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter Oakleigh South Primary School has transformed from a school at risk of closure to one performing better than most others in the state \\u2013 and it has the NAPLAN results to prove it \\u201CHe has spent his life building this school to what it is today,\\u201D acting principal Nikki Virtuoso said which showed Oakleigh South outperformed all government primary schools in Melbourne\\u2019s south-east and performed in the top 15 primary schools across government and non-government schools in Victoria \\u201CWe are very proud of our literacy and numeracy results They\\u2019re very strong,\\u201D Virtuoso said linking children to school is our proudest achievement.\\u201D including Melbourne High and Mac.Robertson Girls\\u2019 High in inner Melbourne Suzanne Cory High in Melbourne\\u2019s west and Nossal High in Melbourne\\u2019s south-east The scores reflect raw test results and are not weighted for schools\\u2019 socioeconomic status Camberwell Grammar School in Melbourne\\u2019s inner east Korowa Anglican Girls\\u2019 School in the inner south or care for chooks in the \\u201Csustainable village\\u201D at the property which \\u201Cis basically a mini farm\\u201D \\u201CWe connect kids to school by giving them something that they\\u2019re passionate about at school and that is what we are most proud of,\\u201D Virtuoso said She said Oakleigh South had \\u201Cexceptionally high behaviour expectations\\u201D of students and was blessed with good kids \\u201CYou would not be able to achieve those results unless you have exemplary behaviour,\\u201D Virtuoso said \\u201CHe\\u2019s very welcome to stay in the chair for as long as he would like to but he\\u2019s not going to be here forever,\\u201D Virtuoso said \\u201CBut he has a really amazing staff \\u2026 that are very committed to continuing his legacy and keeping this place in the top-performing schools in Victoria.\\u201D Start the day with a summary of the day\\u2019s most important and interesting stories Doncaster East is zoned to the East Doncaster Secondary College catchment area Families hoping to send their kids to Melbourne’s best primary and secondary schools could be in luck with home prices down as much as 54 per cent in some areas one-bedroom apartments where they sleep on the couch and give their child the bedroom in order to get them into the right school New research from PRD Real Estate revealed the suburbs school goers need to live in to get the best public education the city has to offer based on 2024’s NAPLAN results — and where is most affordable RELATED: Insane tax amount Vic pays on new homes exposed ‘Family money’ shutting Aussies out of housing market Surprise city helps Aussie housing market hit $11 trillion+ record The real estate agency also unveiled Melbourne’s most inexpensive suburb’s to live in the vicinity of the top selective schools But to get a house in the zone for any of Melbourne’s best primary schools The research shows that Mitcham’s $1.15m median house price is the lowest in any of Melbourne’s top performing school catchments and could get your kids into highly regarded Vermont Primary CHEAPEST WAYS INTO MELBOURNE”S BEST SCHOOLS REVEALED a typical unit costs $635,000 in Doncaster and Glen Waverley where prospective unit or townhouse hunters can send their children to sought after Beverley Hills Primary Doncaster Gardens Primary or Wheelers Hill Primary is for sale with a $1.15m-$1.23m price tag The four-bedroom house is located in the Suzanne Cory High School catchment zone which is nearby to selective secondary school Suzanne Cory High School And a $400,000 Carlton median unit is moments away from prestigious Melbourne High School home values have fallen dramatically with Seabrook recording a 54.7 per cent median house price decline in the past 12 months PRD Real Estate chief economist Dr Diaswati Mardiasmo said there were pockets in Melbourne that had become more affordable for families who were wanting to provide their kids with the best education the city had to offer “Particularly for Melbourne because the house prices have softened … it really has opened up the opportunity for people who really want to get into these areas to pounce now,” she said is for sale with a $1.05m-$1.15m asking price The three-bedroom townhouse is located in the East Doncaster Secondary College and Beverley Hills Primary School catchment areas as across Melbourne the number of houses being listed for sale was relatively low — a blow for families who typically seek out this sort of home “That’s also going to cause some of those house prices to start tracking up quite a bit,” she added Barry Plant Doncaster East agent Robert Groeneveld who manages listings in the sought-after East Doncaster Secondary College and Glen Waverley Secondary College catchment zones said he had plenty of clients who made significant sacrifices to get into these areas “I sold a one-bedroom apartment on Doncaster Rd to a lady who said I’ll sleep on a couch and my son can have the bedroom and put a desk in there so he can study,” Mr Groeneveld said “We had a family sell their four-bedroom home in St Helena and moved to a two-bedroom apartment just to be in the East Doncaster school zone.” is for sale with a $2.4m-$2.5m price guide The four-bedroom townhouse is located in the McKinnon secondary and primary school zones And Buxton Bentleigh sales executive Chris Hassall said throughout his more than 20 years of real estate there had been solid demand in the McKinnon Secondary College catchment area “The school keeps getting better and literally bigger with the new campus … it’s as popular as ever,” Mr Hassall said “(Homebuyers) are more flexible and are more forgiving on their criteria … to make sure that box is ticked “They’ll go for location over accommodation.” While budgets had stretched for many since interest rates increased Elite Buyer Agents managing director Kim Easterbrook said education was typically at the top of the list for families looking to buy an abode I think the education generally will come first and the house will come second,” Ms Easterbrook said “Some clients are willing to sacrifice maybe that second living area or the garage or the backyard space and the land size to get into the school catchment zones.” Suburb (Median House Price $) – Primary School(s) Oakleigh South ($1.2m) – Oakleigh South Primary Moorabbin ($1.3m) – Oakleigh South Primary Wheelers Hill ($1.4m) – Wheelers Hill Primary Suburb (Median Unit Price $) – Primary School(s) Doncaster ($635,000) – Beverley Hills Primary Glen Waverley ($635,000) – Wheelers Hill Primary Moorabbin ($740,000) – Oakleigh South Primary Oakleigh South ($800,000) – Oakleigh South Primary School Suburb (Median House Price $) – Secondary School(s) Millgrove ($590,000) – Victorian College of the Arts Secondary School Werribee ($617,000) – Suzanne Cory High School Hoppers Crossing ($622,000) – Suzanne Cory High School Tarneit ($650,000) – Suzanne Cory High School Truganina ($650,000) Suzanne Cory High School Suburb (Median Unit Price $) – Secondary School(s) Carlton ($400,000) – Melbourne High School Williams Landing ($422,000) – Suzanne Cory High School Werribee ($435,000) – Suzanne Cory High School Hoppers Crossing ($450,000) – Suzanne Cory High School Werribee South ($450,000) – Suzanne Cory High School MORE: Where it’s still cheaper to buy than rent in your state ‘Bulletproof’: where Melb home price has risen 1300% Foreign buyer ban just ‘political theatre’ in Melb PropTrackSarah Petty 11 Coombs Ave has hit the market in Oakleigh South with a $1.22m-$1.29m price guide Victoria’s whopping state debt has been blamed for keeping its housing market “stuck in neutral” New research from Hotspotting revealed four suburbs across Melbourne where investors are being warned off after house sales slumped across last year — including Abbotsford had also experienced four quarters of falling sales RELATED: Wayne Carey spruiks new doomsdayer life McCrae auction action shows buyers not scared off by landslide Major shake-up for The Block 2025 But the firm’s founder Terry Ryder said most of Melbourne was now “stuck in neutral” as there had been no impetus to drive prices higher for the past couple of years “Investors are more likely to be selling than buying in Victoria,” Mr Ryder said He added that Victoria was the most indebted state of all the country “A lot of those (taxes) are directed towards investors Homebuyers are affected by the fact that Victoria has the highest stamp duty,” he said Abbotsford is currently on the market for $1.2m-$1.3m “It’s just a heavily taxed state … and the property industry is always the one that state governments slug when they’re trying to raise a bit of revenue.” The Victorian government’s net debt was $133.2bn in 2023-24 and is projected to grow to $187.3bn in 2027-2028 according to the Parliamentary Budget Office Mr Ryder said high property taxes were a real disincentive to investors which would lead to more rentals being sold “We’re going to see a prolonged period of very low vacancies in Victoria with upward pressure on rents for that reason alone,” he said Murrumbeena has a $800,000-$850,000 price guide Mr Ryder said Victorians should “thank God” that former treasurer Tim Pallas had retired as during his time the level of debt the state accumulated exceeded any other part of the nation Real Estate Institute Victoria president Jacob Caine said the state’s market had generally remained flat in the past 12 months “Front of mind for everyone … is what is the Reserve Bank of Australia going to do in February,” Mr Caine said there’s an undercurrent of anticipation and excitement among those different people involved in the property ecosystem it will inject a level of positivity and energy back into the property market.” PropTrack economist Angus Moore said he expected rent prices to rise at a slower pace that 2025 This comes as Melbourne’s rental market has also remained flat with the city’s median rental price sitting at $570 a week since June and increasing just 3.6 per cent in the 12 months to December The total number of rental listings was 19.7 per cent down from its 10-year average PropTrack senior economist Angus Moore said he expected to see rental prices rise over 2025 “Rental affordability is a lot worse than what it used to be a few years ago and that’s going to limit how quickly rents can grow,” Mr Moore said MORE: The Block apartment sells for huge $600k+ loss Meghan, Harry savaged as ‘local villains’ What’s driving Vic couples back to inner city living By contrast, many of the suburbs where prices fell were more affluent, inner neighbourhoods where a typical home costs about $2 million, the latest Domain House Price Report for the June quarter, released on Thursday, shows. Higher interest rates have put home buyers under pressure, prompting some to rethink their property search and look further afield. The financial year’s biggest rise was in Keilor, up 20 per cent to a median of $1.2 million. This was followed by two suburbs at similar price points – Wantirna South (up 14.8 per cent to $1,281,000) and Oakleigh South (up 13.7 per cent to $1.16 million). Domain chief of research and economics Dr Nicola Powell said the stable market meant home buyers were more likely to perceive value and take their chance to get in. “It’s home owners, it’s locals to Melbourne that recognise those opportunities: ‘Now is our time to make that purchase before prices rise further,’” she said. “The affordable locations, the family locations … They’re trying to find value, they’re trying to buy now while conditions are pretty stable for all of Melbourne.” This isn’t a shed but rather a million-dollar designer treehouse ‘Nuts to normal’: Popular Victorian towns where house prices fell most Historic Sunbury Lodge in Victoria’s Kyneton hits the market Meanwhile, several suburbs with median house prices close to $2 million made the list of biggest drops, including South Yarra (down 14.7 per cent), Armadale (down 14.6 per cent), Elwood (down 14.3 per cent), Hawthorn East (down 12.4 per cent) and Elsternwick (down 12.3 per cent). “Those high end homes can also stop transacting during a period of decline, which can affect price growth,” Powell said. “They only sell for the right price … and that can also impact the overall median.” Buyer’s advocate Antoinette Sagaria noted the gains in middle-ring areas, saying family homes were often a recession-proof investment. “When a family needs to move, or has certain requirements, sometimes the state of the market can only dictate so much,” the Entourage Property and Finance director said. “Conversely when you’re looking at some of the more premium areas where there is higher priced property … there’s less of a need to move, or there’s potentially different motivations for moving,” she said. She said well-maintained or renovated properties were performing well, especially if they had a generous size and a classic floor plan, and areas such as Mont Albert North – with the fourth-fastest price growth – have family homes like this in abundance. The broad-based gains – prices are higher than a year ago in most suburbs – have left home buyers feeling the pinch. First home buyer Sean Singh, 32, bought a one-bedroom apartment in Kew after failing to find any suitable properties he could afford in his preferred location. “I was looking very much at the Collingwood, Richmond area, to stay relatively central to where I was … there were cladding issues, really high body corporate fees, much smaller apartments, so it wasn’t really what I was looking for,” Singh said. The tech partnerships manager said he was able to get more value for money by looking at neighbouring suburbs slightly further from the city. “I was able to find something that was significantly larger, with a terrace that’s almost the size of the whole apartment, and it has a full-size kitchen and all the things that I really wanted.” Singh, who has been renting in Collingwood, said he wanted to take the opportunity to break into the property market while units remained somewhat affordable. “The driving factor for me was very much about, how do I get in while things are still somewhat affordable and while I can afford it right now, knowing I could afford it right now, and not knowing what the future of the property market might look like,” he said. Impact Economics and Policy lead economist Dr Angela Jackson said the property market had defied expectations, rising in price despite higher interest rates. She said the broad gains across a range of suburbs meant younger Australians hoping to buy a home would need significant help from their parents. She attributed the gains to supply and demand, as not enough new homes have been built for a growing population and empty nesters have been tending to stay in current homes rather than downsize and turn over the housing stock. She also noted the demand for property as a tax advantageous form of investment and called for reform to stamp duty and capital gains tax. “That issue is just getting worse over time. So really now for middle income earners or even higher income earners to enter the property market without help from the bank of mum and dad is becoming increasingly out of reach,” she said. The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs. where we are privileged to live and operate Firefighters from seven brigades have been working to extinguish a house fire in Oakleigh said all the occupants of the home had been accounted for The fire had been challenging because the house was up a steep driveway and there was a stand of bush at the rear of the property close to a petrol station on State Highway 1 The New Zealand Transport Agency advised drivers just south of Oakleigh to expect delays It was likely to take several hours before the fire was extinguished Sign up for Ngā Pitopito Kōrero a daily newsletter curated by our editors and delivered straight to your inbox every weekday New Zealand RSS Follow RNZ News Consumer Affairs Victoria (CAV) has blown the whistle on a south-eastern agency accused of underquoting at least 11 sales The watchdog has initiated Federal Court proceedings against Ray White Oakleigh and senior sales executive Nick Strilakos for allegedly engaging in “misleading and deceptive conduct” and making “false and misleading statements” in breach of the Australian Consumer Law If you check the box above before you log in you won’t have to log back into the website next time you return even if you close your browser and come back later CAV claims that the agency advertised properties at significantly lower prices than their market value in at least 11 sales across south-east Melbourne Oakleigh South and Blackburn South between February 2022 and November 2023 Following multiple complaints from prospective buyers CAV’s underquoting taskforce launched an investigation into the alleged misconduct The investigation revealed that in most of the 11 sales the agency entered into agreements with sellers before subsequently reducing the properties’ estimated selling prices when listing them online The properties then sold for prices well above the advertised price ranges Unspecified agents at Ray White Oakleigh are also alleged to have exchanged messages with each other where they stated their belief that properties would sell for significantly higher prices placed bets or made guesses on the sale prices vendors reportedly agreed to pay the agency a low flat commission which typically ranged from between 2.2 per cent and 2.5 per cent of a house’s sale price If the final sale price was in excess of the reserve the agents were then paid a considerably higher rate of 22–25 per cent of the sale proceeds above the reserve with the vendors usually setting their reserve prices in line with the lower estimates Penalties for making a false or misleading statement relating to land under the Australian Consumer Law are up to $2.5 million for an individual and $50 million for a company and orders that the agents establish compliance and training programs” Consumer Affairs director Nicole Rich commented that the proceedings serve as a “warning to real estate agents that deceptive conduct has no place in Victoria’s real estate market” “Underquoting is an unfair practice that can mislead prospective buyers into spending time and money on properties that were always outside their budget and can distort the market,” she said The director acknowledged that suspected underquoting is more likely to be reported by prospective purchasers and emphasised it is “very concerning to see that underquoting practices may also deceive vendors and leave them significantly out of pocket” “It is critical that estate agents act in the best interests of the clients who trust them to sell their properties This case raises serious concerns about the impacts of underquoting,” Rich said The former Sidetracked Entertainment Centre in Oakleigh South has been sold for $17m The former Sidetracked Entertainment Centre in Oakleigh South has been sold off market for $17m in a deal which could see the iconic go kart venue transformed into an electric vehicle distribution centre Sidetracked, which opened at 364-372 Huntingdale Rd (also known as 370 Huntingdale Rd) in 1991 The Grant Group founder Stephen Grant said his commercial buyer’s agency purchased the entertainment centre’s 12,700sq m block in December on behalf of a client RELATED: Ron Rosenberg: Oakleigh South house designed for jazz muso hosted Shirley Bassey Kids already spending the money after $170k Oakleigh South auction boon Oakleigh apartments $10k each in the ‘60s, today it’s $10k a metre “We purchased it for $17m which was a big number at the time,” Mr Grant said “We could see that we were in a tightly-held and bullish industrial market in that area so we knew we needed to lock the site up ASAP The Grant Group has also purchased 110-112 Alexander St Crows Nest near Sydney for $9.8m on a client’s behalf Mr Grant said his business worked with CBRE agents Sasan Misaghian and Bryce Pane on the sale developers have been chasing that (Oakleigh South) land for five years,” Mr Grant said He said there was “a massive shortage of industrial land in the inner precincts of Melbourne which is driving massive competition between funds A planning permit to convert the former Sidetracked venue into an electric vehicle distribution centre has been lodged with the city of Monash The Grant Group has settled $31m of commercial assets since its launch in December last year Mr Grant said The Grant Group identified the go kart venue for acquisition after finding 11 locations across 17 km southeast of central Melbourne for their client to potentially purchase the Sidetracked site was purchased by its previous owner for $1.3m in 1994 Mr Grant provided no comment about the site’s future use Monash council’s headquarters in Glen Waverley Mr Grant said there was a massive shortage of industrial land in Melbourne’s inner precincts a planning permit seeking to convert the former Sidetracked venue into an electric vehicle distribution centre has been lodged with the city of Monash the two-storey centre would have 306 car parks including 269 roof spaces The operator is not planning to sell vehicles onsite but have cars shipped in for servicing and tuning prior to being test-driven and collected by customers A report prepared by GIW Environmental Solutions stated the centre would have 15 employees and an estimated 26 customers visit per day MORE: Herald Sun Real Estate auction blog: Biggest auction weekend ever on the cards with 2000 homes going under the hammer Dandenong Ranges train carriage house visited by von Trapp family steams into market realcommercial.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd By accessing or using our platform, you agree to our Terms of Use. Sidetracked, which opened at 364-372 Huntingdale Rd (also known as 370 Huntingdale Rd) in 1991 RELATED: Ron Rosenberg: Oakleigh South house designed for jazz muso hosted Shirley Bassey Kids already spending the money after $170k Oakleigh South auction boon Oakleigh apartments $10k each in the ‘60s, today it’s $10k a metre Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox MORE: Herald Sun Real Estate auction blog: Biggest auction weekend ever on the cards with 2000 homes going under the hammer Dandenong Ranges train carriage house visited by von Trapp family steams into market New Zealand based retirement village operator Summerset Group has snapped up its fifth Victorian site – in Melbourne’s south east covering 1-17 Beryl Avenue and 52-60 Golf Road – all up 1.83 hectares – is understood to be trading for just over $33 million The state government offloaded the ex-school to an Asia based developer for $13.55m in 2014 Earlier this week, we reported Summerset outlaid a speculated $30m for an 8.1ha Craigieburn parcel Since entering the local market two years ago, the group has also purchased sites at Chirnside Park, Cranbourne North and – outside of Melbourne – in Torquay VIMG offered the Oakleigh South block in July – shortly after the Victorian Civil and Administrative Tribunal approved a now redundant proposal for 83 townhouses (story continues below) has been drastically higher in 2021 with in excess of $210m worth of sales recorded so far compared to $115m in 2020,” Mr Burgess said The Oakleigh South site is 16 kilometres from town In the neighbouring suburb of Highett, the CSIRO last year sold a 9.34ha ex-laboratory to Wolf Group which is proposing townhouses A former property analyst and print journalist Marc is the publisher of realestatesource.com.au Forgot your password? You will receive mail with link to set new password Back to login This article is from the Australian Property Journal archive part of the largest IT provider in the Asia Pacific has unveiled plans for its new $130 million purpose-built headquarters and distribution centre in Melbourne’s Oakleigh South to be built on an infill site once owned by German hypermarket Kaufland which will incorporate Synnex’s new Australia and New Zealand headquarters will span 34,922 sqm and be constructed on the 4.4-hectare property just around the corner from its existing facility The new HQ will comprise a fully automated 4,283 sqm and a three-level main office of 3,273 sqm along with external areas totalling a further 18,992 sqm Synnex bought the site in 2020 for $20.9 million from Kaufland, which was selling down infill sites across the country following its sensational exit from the Australian market – without opening one store “This is a wonderful project that will make an enormous contribution to the efficiency of our operations the creation of local employment opportunities and of course to significantly enhance our ability to distribute the highest quality products to our customers,” said CEO of Synnex Australia and New Zealand He said the investment was consistent with the company’s initiative to streamline distribution efficiency as part of a strategic five-year growth plan Synnex operates as a division of Synnex Technology International Corporation which has a business network covering Taiwan Vaughan Constructions will build the project and Van der Meer Consulting will be the project manager Jessica Topelson expects the project to create around 250 jobs during construction while the operating business will create ongoing employment for up to 360 workers across the warehouse and office operations She said Synnex was seeking to significantly upgrade its logistics operations with what will be a state-of-the-art automated storage and retrieval system (ASRS) designed by i2C Architects “We’re absolutely thrilled to be given the opportunity to work on such an exceptional project with Synnex and Van der Meer Consulting which will deliver the absolute latest in warehousing storage solutions,” Topelson said Green Street’s global news publications are not provided as an investment advisor nor in the capacity of a fiduciary  Our global organization maintains information barriers to ensure the independence of and distinction between our non-regulated and regulated businesses is authorized and regulated by the Financial Conduct Authority (FRN 482269) and a private limited company incorporated in England and Wales with company number 06471304 Haftu Strintzos who was adopted by a Melbourne-based Greek familyHaftu Strintzos was born and raised in Ethiopia and has a gift for distance running.Always on the move in June he will participate with the Australian National Team in the 2024 Oceania Athletics Championships in Suva competing in the 10,000 meters and 5,000 meters running events.A few months ago Haftu and his team competed in the 2024 World Athletics Cross Country Championships in Belgrade where Australia finished fifthHe was born in Tigray an area that has been at war since November 2020 with a significant but underreported death toll of over 600,000 people and the destruction of 75 percent of Tigray’s schools and health facilities Haftu Strintzos with his Australian Team at the World Cross Country Champion in Belgrade SerbiaHe has lived in Australia for about 10 years now and his athletic career began in primary school at Oakleigh South Primary School and then continued at Haileybury College in Keysborough.His teachers encouraged him to run and he joined the Oakleigh Little Athletics Club and then the Glenhuntly Athletics Club.He later represented his schools in the State Championships and progressed to senior levels.Haftu recently competed in the World Cross-Country Championships in Serbia finishing 23rd in the World individually and first among the Australian team and was identified by the Tigray Social Affairs Office as urgently needing her support Haftu didn't speak English and did not know what electricity was graduated with a Master's Degree in Electrical Engineering from Villanova University School of Engineering in PA. he began studying Electrical Engineering at the University of Villanova in Pennsylvania USA.He received a full student-athlete scholarship which included representing his university’s athletics department across U.S college tournaments.Haftu told SBS Greek that he was adopted into a Greek Australian family and came to Australia in 2011.His mother is Maria Strintzos who was an aid worker in Ethiopia for more than two decades Haftu Strintzos with his Greek grand-father VassiliIt was challenging when he arrived in Australia due to the language barrier.He struggled with English in the beginning but now he is in a much better place as he told SBS Greek.Haftu lives in Melbourne's southeastern suburb of Bentleigh East which is a stone-throw from Oakleigh home to thousands of Melburnian-Greeks.His grandfather Bill is helping him learn the language.Haftu StrintzosHaftu's family maintains connections with Melbourne’s Tigrayan African community and they often visit or host family friends.He misses Ethiopian food that's why they visit restaurants offering authentic African cuisine in Melbourne's western suburbs.Track events like the 5,000 and 10,000 meters can qualify you for the Olympics but they’re not held in Australia during winter for the summer track season before the qualification period ends in June including some who are no longer with us.Get the latest with our exclusive in-language podcasts on your favourite podcast apps.SBSGreek News RF Corval has quietly purchased an industrial investment on over two acres in the middle ring Melbourne suburb of Vermont Tenanted for over a decade to merchandise manufacturer Smash Enterprises which has 1.1 years left to run on it lease – but has options – 33 Redland Drive is costing $17.05 million The improvement spreads 6435 square metres; the three level climate-controlled office is A-grade There is also 65 car parks and an outdoor dining area The deal comes 10 months since the manager added an Oakleigh South investment once owned by CSR to its three year old Industrial Infill trust – spending $25.5m Outside of Melbourne, RF Corval’s Infill Industrial Trust holds several Brisbane assets including neighbouring Richlands warehouses, acquired recently for $11.5m and a significant hardstand investment at Hemmant The fund also owns a cold storage facility once occupied by Baida Poultry in Adelaide’s Wingfield Last month, for another trust, we reported the manager bought adjoining Newcastle offices from Dexus for about $50m Vermont is 21 kilometres east of Melbourne’s CBD Subscribe to our newsletter at the bottom of this page Three people have been questioned by police and another is on the run after a man died from gunshot wounds in a "targeted attack" in Melbourne's south-east early on Sunday Police and paramedics were called to reports of an injured man at an address on Centre Road in Oakleigh South about 3am Detectives complex on Sunday.Credit: Nine News Melbourne Paramedics worked on the 40-year-old Footscray man but were unable to save him and he died at the scene and a 34-year-old Footscray woman who was at home at the time of the incident The exact circumstances of the incident are yet to be determined but Detective Sergeant Simon Quinnell said the group was known to the dead man and it was a "targeted attack" There were up to four people at the Oakleigh apartment when the 40-year-old man was shot "The information we have from the persons that witnessed this offence is that there is one person who is yet to be identified who fled the scene," Detective Sergeant Quinnell told reporters on Sunday afternoon and we're certainly looking at this as a targeted attack There's no information to suggest that this was random or that any member of the public is at risk "Anyone who has information in relation to that Anyone who has potential CCTV footage in the local area or dashcam footage Detectives outside the Oakleigh South apartment complex on Sunday.Credit: Nine News Melbourne Police are also investigating a secondary crime scene in the car park of the Oakleigh complex where the man's white ute was parked with all tyres deflated on the vehicle with investigators believing a handgun was used Detectives are now extracting CCTV footage from inside the building to piece together what led to the man's death State Emergency Service volunteers assisted police with an "evidentiary line search nearby while police also cordoned off a vehicle in the vicinity as part of a secondary crime scene" Homicide detectives are appealing to anyone with information to come forward to assist with their investigation Anyone with information that could assist investigators with their enquiries is urged to contact Crime Stoppers on 1800 333 000 or visit www.crimestoppersvic.com.au Three people have been questioned by police and another is on the run after a man died from gunshot wounds in a \\\"targeted attack\\\" in Melbourne's south-east early on Sunday but Detective Sergeant Simon Quinnell said the group was known to the dead man and it was a \\\"targeted attack\\\" \\\"The information we have from the persons that witnessed this offence is that there is one person who is yet to be identified who fled the scene,\\\" Detective Sergeant Quinnell told reporters on Sunday afternoon and we're certainly looking at this as a targeted attack There's no information to suggest that this was random or that any member of the public is at risk \\\"Anyone who has information in relation to that where the man's white ute was parked with all tyres deflated on the vehicle Detectives are now extracting CCTV footage from inside the building to piece together what led to the man's death State Emergency Service volunteers assisted police with an \\\"evidentiary line search nearby while police also cordoned off a vehicle in the vicinity as part of a secondary crime scene\\\" Anyone with information that could assist investigators with their enquiries is urged to contact Crime Stoppers on 1800 333 000 or visit Singer Shirley Bassey swam in the pool at 20-22 Beryl Ave An Oakleigh South house once owned by a Melbourne jazz legend who hosted famous songstress Shirley Bassey is predicted to break the suburb’s record residential price The 20-22 Beryl Ave residence – named Moorleigh – was designed in the 1970s for the late Ron Rosenberg who performed with artists including Frank Sinatra The current owner of the four-bedroom home, Peter Foley, said Rosenberg also led the orchestra for Graham Kennedy’s In Melbourne Tonight. Mr Foley said many well-known personalities had visited the Oakleigh South pad including Goldfinger singer Shirley Bassey that’s legend passed down originating with Ron,” he said OBrien Oakleigh director Gareth Apswoude said the abode The area’s current $1.82m record was set by 26-28 Terrigal Ave in 2020 The property’s mod-grass tennis-court will be a hit with sports fans Mr Apswoude described the Beryl Ave home as “an absolute one-off” a lot of the neighbours are coming out and going: ‘I always wondered what’s behind the fence’,” he said Mr Foley and his wife Robyn purchased the home as a place to bring up their children 22 years ago The property was the brainchild of iconic architect Kevin Borland who was involved in designing the Harold Holt Memorial Swimming Centre and the Melbourne Sports and Entertainment Centre Mr Foley said university students studying architecture often knocked on the house’s door Mr Apswoude said several interested buyers were architects Guitarist Bruce Clark and the property’s original owner Ron Rosenberg who were both in an orchestra that performed with Frank Sinatra The house is located about 300m from Oakleigh South Primary School South Oakleigh College’s playing fields are located behind the property high-profile retail investment abutting a Dan Murphy’s car park in Melbourne’s Oakleigh South Fifteen parties vied for 1146-1148 North Road which traded for $1.851 million to a local is on a long-term agreement for the 260 sqm of contemporary fit out area and 10 car parks; with options it could stay until 2038 Oakleigh South is 17 kilometres south east of the city The agents said the price point of 1146-1148 North Rd – being considered affordable – plus the essential service nature of the tenant drew significant enquiry during the campaign – which was conducted during COVID-19 conditions (story continues below) “With numerous reports of marketing struggles this result for a small strata retail in a suburban location sits comfortably with some of the best results for strata retail in the past 15 months,” Mr Heatherich said “We are now dealing with 14 under bidders who are keen to secure their next investment” but we don't want to lose you.\"}],[\"$\",\"div\",null,{\"className\":\"notfound-page__text-block\",\"children\":\"We recently updated the way we organise our articles 'div-gpt-ad-1511396693346-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Leaderboard_Position_1' 'div-gpt-ad-1511394032333-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/970x90_bottom_leaderboard' 'div-gpt-ad-1511396722471-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_Hompage_Leaderboard_Position_1' 'div-gpt-ad-1661741627089-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/undefinedTUD_Homepage_Internal_728x90' 'div-gpt-ad-1534480172990-0').addService(googletag.pubads());\n // home leaderboard (mobile)\n 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googletag.defineSlot('/34178149/300x250_LHS_MREC' 'div-gpt-ad-1511395165249-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_Middle_MREC' 'div-gpt-ad-1511395202314-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_RHS_MREC' 'div-gpt-ad-1511395237641-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_Mobile_Middle_MREC' 'div-gpt-ad-1511489982092-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x600_2nd_homepage_skyscraper' 'div-gpt-ad-1511938773649-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/728x90_leaderboard_position_2' 'div-gpt-ad-1510792120057-0').addService(googletag.pubads());\n googletag.defineSlot('/34178149/300x250_Article-page_Position01' named Fieldworks House.\u003c/p\u003e\u003cp\u003eThe Links final stage will also add 3000sq m of ground-floor retail and hospitality as well as provision for a second supermarket to join the existing network of retailers created during the first two stage of the project.\u0026nbsp;\u003c/p\u003e\u003cp\u003eTo be built above the retail component Fieldworks House will come under the Pellicano Living banner and comprise 166 apartments in one two and three bedrooms plus a “signature mix of hotel-style amenities with community-focused living”.\u003c/p\u003e\u003cp\u003eThe i2c Architects-designed Fieldworks House while the rooftop will incorporate shared spaces and alfresco dining areas.\u003c/p\u003e\u003cp\u003e“We set out to create a new retail hub for Oakleigh South with The Links – our tenant mix including a number of blue chip operators and our location have made it a popular choice among leading retailer brands,” managing director Nando Pellicano said.\u003c/p\u003e\u003cp\u003e“With plans now approved works have recently completed on Solarino House at Brunswick Pellicano now has more than 350 operational build-to-rent apartments in its portfolio.\u0026nbsp;\u003c/p\u003e\u003cp\u003eA further 400 are currently under construction in Queensland including the 110-apartment Berwick House in Fortitude Valley the 150-apartment \u003ca data-mce-href=\"https://www.theurbandeveloper.com/articles/pellicano-gabba-build-to-rent-under-way-tax-scrapped\" href=\"https://www.theurbandeveloper.com/articles/pellicano-gabba-build-to-rent-under-way-tax-scrapped\" target=\"_blank\" rel=\"noopener\"\u003eHillyard House\u003c/a\u003e at Woolloongabba and the \u003ca data-mce-href=\"https://www.theurbandeveloper.com/articles/pellicano-21-duke-street-kangaroo-point-development-application-approval\" href=\"https://www.theurbandeveloper.com/articles/pellicano-21-duke-street-kangaroo-point-development-application-approval\" target=\"_blank\" rel=\"noopener\"\u003e86-apartment Story House\u003c/a\u003e Lendlease’s third residential building in the Collins Wharf precinct of Victoria Harbour.\u003c/p\u003e\u003cp\u003eThe 28-storey building at 971 Collins Street in Melbourne’s Docklands will deliver 312 homes in a mix of one two and three-bedroom apartments as well as townhouses and penthouses.\u003c/p\u003e\u003cp\u003eAccording to Lendlease the project has already secured more than 50 per cent in presales.\u003c/p\u003e\u003cp\u003eHickory is the construction contractor—it completed the precinct’s first development in 2019 and is also working on LendLease’s second tower Regatta.\u003c/p\u003e\u003cp\u003eFor Ancora Hickory is implementing several technical construction methods including various piling techniques and precast concrete solutions that enable a parallel-track construction program.\u003c/p\u003e\u003cp\u003eThe building’s facade designed by architect Warren and Mahoney uses a three-stage design incorporating double-glazed glass and textured precast concrete with Reckli and brick finishes.\u003c/p\u003e\u003cp\u003eThe structural design transitions from a solid podium base to lighter upper levels “reflecting a maritime theme” aligned with the Collins Wharf design objectives.\u003c/p\u003e\u003cp\u003eAncora will connect to the neighbouring Regatta development via a podium allowing resident access to shared amenities.\u003c/p\u003e\u003cp\u003eDesigned as an all-electric building that includes electric vehicle infrastructure the development is targeting a 5 Star Green Star certification Completion is expected in 2027.\u003c/p\u003e\u003cp\u003eRegatta including build-to-rent and build-to-sell units.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eExtensive wharf works including remediation of pre-existing wharf piles installation of raker piles and construction of the extension to Australia Walk are also part of the project.\u003c/p\u003e\u003cp\u003eTechnical challenges include constructing on the finger wharf and co-ordinating extensive above-wharf road reserve and public parkland works.\u003c/p\u003e\u003cp\u003eThe Collins Wharf precinct will ultimately comprise six residential buildings of more than 1800 homes surrounded by over 5000sq m of parks and community space.\u003c/p\u003e\u003cp\u003eLendlease is developing the parkland concurrently with the residential components including the extension of Australian Walk that forms part of the City of Melbourne’s Greenline project.\u003c/p\u003e\u003cp\u003eLendlease executive director of development Adam Williams said Collins Wharf “is fast becoming a sought-after address .. which took just a handful of hours to emerge on Saturday night the Coalition’s failure to sway voters has come under intense scrutiny.\u003c/p\u003e\u003cp\u003eIts lack of policies around property that resonated with voters has been a large part of that criticism.\u003c/p\u003e\u003cp\u003eAmong those policies was a $5-billion infrastructure program to unlock up to 500,000 new homes was greeted with no small amount of scepticism.\u003c/p\u003e\u003cp\u003eThe Coalition also campaigned on its previously revealed plan to allow first home buyers to draw down on their superannuation giving access to up to $50,000 to help fund mortgage deposits.\u003c/p\u003e\u003cp\u003eWhile that proposal had won some support it got the thumbs down from many of Australia’s top economists who said the measure could prove highly inflationary among other issues.\u003c/p\u003e\u003cp\u003eSimilarly its plan to allow mortgage interest for first home buyers to be tax-deductible was roundly criticised for its likely inflationary and regressive effects.\u003c/p\u003e\u003cp\u003eIt has also been pointed out that the Coalition’s rejection of the Green’s policies around housing supply affordable housing and help for renters did it no favours.\u003c/p\u003e\u003cp\u003eThe ALP went to the polls spruiking an extension of schemes introduced during its previous term including a $10-billion promise for its first-home buyers’ scheme to encourage 100,000 more homes.\u0026nbsp;\u003c/p\u003e\u003cp\u003eIt also had its Help to Buy shared equity scheme under which the Government pays up to 40 per cent of the house price to point to.\u003c/p\u003e\u003cp\u003eIf it was these policies per se or the lack of detail and depth to the Coalition’s the nation's ready for the Albanese government to act.\u003cbr\u003e\u003cbr\u003e\u003c/span\u003e\u003c/div\u003e\u003c/div\u003e\u003cp\u003eWhat is clear been endorsed to follow through on its policies and fix the crisis that is crippling the Australian property sector.\u003c/p\u003e\u003cp\u003eAs Urban Taskforce Australia chief executive\u0026nbsp;Tom\u0026nbsp;Forrest has pointed out it is time for the Federal Government to get back to work.\u003c/p\u003e\u003cp\u003e“Housing affordability and housing supply featured large during the campaign,” Forrest said.\u003c/p\u003e\u003cp\u003e“The key now is for the Government to strike while the iron’s hot.\u0026nbsp;\u003c/p\u003e\u003cp\u003e“If legislation is needed to support the delivery of Labor’s $10-billion 100,000 new homes commitment—then pass it through the parliament now and get on with it.”\u003c/p\u003e\u003cp\u003eThe states have made many changes to how they enable home development The Federal Government’s support of that is crucial to its success material supply assistance or any other factor that affects getting homes out of the ground.\u003c/p\u003e\u003cp\u003eThis has been a pivotal election Then Cities for Total Fan Immersion\",\"slug\":\"billionaire-arsenal-rams-denver-nuggets-sports-anchored-precincts\",\"datePublished\":\"2025-04-30T00:00+10:00\",\"tags\":[],\"summary\":\"Why your next home might be stadium-adjacent; sports are the hook The development at the site 17km south-east of the Melbourne CBD will include a shoptop build-to-rent project The Links final stage will also add 3000sq m of ground-floor retail and hospitality as well as provision for a second supermarket to join the existing network of retailers created during the first two stage of the project two and three bedrooms plus a “signature mix of hotel-style amenities with community-focused living” The i2c Architects-designed Fieldworks House would “embody Pellicano Living’s goal of offering premium lifestyle amenities in sought-after locations” according to the developer The first floor will include a communal landscaped park and lawn while the rooftop will incorporate shared spaces and alfresco dining areas “We set out to create a new retail hub for Oakleigh South with The Links – our tenant mix including a number of blue chip operators and our location have made it a popular choice among leading retailer brands,” managing director Nando Pellicano said we expect to break ground on the Fieldworks House site later this year.” Elsewhere across Pellicano’s portfolio Pellicano now has more than 350 operational build-to-rent apartments in its portfolio The body found inside a wheelie bin at a Melbourne self-storage facility has been identified and the death deemed suspicious Police said the remains belonged to a male The storage facility where the body was found.Credit: Eddie Jim Missing person squad detectives have informed his next of kin who are assisting with the next stage of the investigation The body was discovered when staff were clearing out a storage container at Total Self Storage & Removals on Milgate Street in Oakleigh South shortly after 11am on Friday The body could have been there for more than 15 years homicide squad Detective Senior Sergeant Pixie Fuhrmeister told reporters on Friday Homicide squad Detective Senior Sergeant Pixie Fuhrmeister (left) at the scene on Friday.Credit: AAP She said the storage container has not been accessed in a number of years but the owners of the business had been very cooperative When asked whether the grisly discovery could provide a breakthrough to a cold case Detective Senior Sergeant Fuhrmeister responded “absolutely” She said it was not clear whether the current owners' records detailed who owned it at the time the body was most likely dumped An worker at the storage facility said the company had been clearing out the premises for several months and had nearly finished the job when the remains were found "We've been clearing for quite some time but it's a thing that occasionally happens in storage Philip Hutcherson who discovered the remains told Channel Nine he and other workers tipped over a container filled with soil and straw to discover the bin inside "When we tipped [the container] over the soil fell out and then we noticed a wizbin [wheelie bin] .. and it had occo [sic] straps holding the lid down "So we undone the [occy] straps and then it had grass so we scraped it out and then that’s when we’ve seen the legs .. Anton Hillemacher said: "It wasn't until I saw what looked like a foot in a sock anyway I thought 'oh shit'." said he realised the worst when he removed the boot 'I hope there's nothing attached to that boot' but\\u00A0have not publicy revealed his name The body was discovered when staff were clearing out a storage container\\u00A0at Total Self Storage & Removals on Milgate Street in Oakleigh South shortly after 11am on Friday Detective Senior Sergeant Fuhrmeister responded \\u201Cabsolutely\\u201D She said it was not clear whether the current owners' records detailed who owned it at the time the body was most likely dumped \\\"We've been clearing for quite some time but it's a thing that occasionally happens in storage \\\"When we tipped [the container] over the soil fell out and then we noticed a wizbin [wheelie bin] .. \\\"So we undone the [occy] straps and then it had grass so we scraped it out and then that\\u2019s when we\\u2019ve seen the legs .. Anton Hillemacher said: \\\"It wasn't until I saw what looked like a foot in a sock 'I hope there's nothing attached to that boot' Altona and Oakleigh South top listNathan Mawby Greensborough houses have been ranked as the best mix of affordability and liveability in Melbourne. 52 Scotland Ave is for sale at $740,000-$795,000. Altona and Oakleigh South have been ranked as Melbourne’s best suburbs for housing affordability and liveability PRDnationwide’s new Affordable and Liveable Melbourne Property Guide lists a typical $803,000 house in Greensborough to Melbourne’s northeast as the most affordable option within 20km of the CBD in an area with low crime The report indicates it also has significant infrastructure spending on the cards and better than average rental returns Altona was next on the list for the property market researchers Report author Dr Diaswati Mardiasm said the report also factored in suburbs’ investment credentials and while they “might not be the cheapest” they were the “most affordable suburbs that are good for investment and living in” “They are the creme de la creme of affordable suburbs,” Dr Mardiasmo said 10 Merrit Court, Altona is priced from $790,000-$850,000 via Greg Hocking Williamstown 31 Joyce Ave, Oakleigh South is for sale from $960,000-$1.05 million with Ray White Oakleigh Barry Plant Greensborough director David Moxon said the suburb had some homes selling for as little as $700,000 and strong community spirit off the back of numerous popular local sporting teams Plans for the North East Link would also improve its connectivity with Melbourne’s southeast in the coming years while its shopping and cafe strips were just beginning to see what Mr Moxon believed would be “continual improvement” “I still believe it’s undervalued and it does represent brilliant value,” he said Buyers with an $800,000 budget should expect a three-bedroom house with two updated bathrooms 3/20 Edgar St, Kingsville is listed with a $380,000-$415,000 price guide via Jas Stephens 3/14 Athol St, Moonee Ponds has just sold for $495,000 via Nelson Alexander Ascot Vale identified 11 suburbs within 20km of Melbourne’s CBD that had a median house price less than $500,000 but all of them fell short of liveability benchmarks set at or better than citywide averages Those willing to consider a unit could get in for less than $500,000 Kingsville was the most affordable to meet the required lifestyle standards It was followed by Moonee Ponds at $470,000 and Brunswick East at $525,000 Apartments are available from $555,000 at 240-250 Lygon St, Brunswick Eastvia Jellis Craig Brunswick. Dr Mardiasmo noted the firm’s median house price calculations had factored in 15 months of data up to March 31 capturing all of the more difficult sales conditions in 2019 and could potentially better reflect prices in the near future than those collated based solely on sales reported in the first three months of this year It always felt like it was going to come to this facing off with the 2022 NPL Men’s Victoria Championship on the line two heavyweights staring each other down on the final day of the season.  The pair had engaged in a slugfest for the premiership throughout most of the 2022 campaign with South ultimately landing the telling blow in a round 22 meeting that saw Marcus Schroen’s lone goal lift coach Esteban Quintas’ side to a 1-0 win and secure a five-point gap over the Cannons on the table.  South would go on to secure the premier’s plate with a win over Dandenong City in the penultimate round of the season while that defeat kickstarted a late-season swoon for the Cannons who lost four of their last five regular season games to fall to third on the table behind Port Melbourne and into an Elimination Final meeting with Heidelberg United Juggling their commitments with an Australia Cup campaign that remains ongoing and had them taken to extra time by Brisbane City in the Round of 16 one could have been forgiven for thinking the Cannons were running out of gas The travails of a long season taking its toll on semiprofessional bodies at the final hurdle.  but the Cannons have made a mockery of petty concerns such as rest or fatigue in setting up a rematch of the 2016 NPLM Grand Final – a dramatic 3-2 South win at a raucous Lakeside Stadium.  last-second goals from George Katsakis’ side forced the game to continue first into extra time and then into penalties this was followed by a famous 2-1 Cupset over Sydney FC in a mid-week Australia Cup fixture; arguably the biggest ‘Cupset’ in the competition’s history setting up a semifinal date with Macarthur FC on Wednesday Going up against arguable the fittest team in the league in Port Melbourne just days later in the semifinal common sense dictated that something had to give especially when that game again went into extra time But newly crowned co-Gold Medalist Joe Knowles’ 109th-minute strike Complementing Knowles is a high-powered squad full of tried and tested performers including Joe Guest under the guidance of former South gaffer Chris Taylor the Cannons have a chance to secure their first-ever Victorian trophy South’s trophy cabinet might need a bit of reorganisation if they’re going to find a way to fit a possible 2022 title in it Their already secured 2022 premier’s plate has already joined the 2014 and 2015 premierships at Lakeside Possessing both the league’s best attack and defence South led from post to post in 2022; riding an effective and pragmatic gameplan centered around the exploits of difference makers such as Max Mikkola and Harrison Sawyer – who won the league’s Golden Boot with 17 goals despite departing before the end of the campaign to join Jamshedpur FC in the Indian Super League.  the departure of Sawyer left a 6′ 4 hole that was impossible to adequately fill but South is undefeated since his departure to the sub-continent winning 1-0 in their final two regular-season games and in last week’s semifinal against Green Gully; Webb’s 57th-minute strike enough to book a place in the decider.  with newly crowned NPLM Victoria Goalkeeper of the Year Javier Diaz Lopez and central defenders Jake Marshall and Marco Jankovic at its heart will undoubtedly be key if South is to add more history to their already bursting annals on Sunday.  It has a hospitality scene to rival Richmond and the kind of family appeal you’ll pay much more for elsewhere So why isn’t the Melbourne suburb of Oakleigh Local agent Charlie Darlow from Buxton Real Estate said his patch offers plenty of appeal and the word has been slowly getting out “I think what makes Oakleigh such a special place to live is the community,” Mr Darlow said “This is a very friendly place to live and there’s a lot to do.” A nature reserve to the north offers peaceful walking trails The suburb is well-served by public transport with two stations – Oakleigh at one end and Huntingdale at the other But it’s the excellent array of amenities on offer that stands out Oakleigh might just be Melbourne's best-kept secret Oakleigh has its own central business district in essence running several blocks and housing a range of shops Everything locals could need or want is on offer in Oakleigh Central shopping centre or along thriving Eton Mall Renowned for its Greek restaurants and delis and there’s a good selection of bars and cafes would-be homebuyers stand a decent chance of finding a bargain compared to similar suburbs The median house price in Oakleigh currently sits at $1.39 million while the median unit price is $595,000 director of economic research at PropTrack said Oakleigh’s market has been steady in recent times “Enquiry per listing has lifted over recent months and is steady over the past year,” Mr Kusher said “We're also starting to see properties sit on the market for a slightly shorter period of time “The suburb is seeing more new listings coming to the market than a year ago while total listings are 7.1% lower than a year ago This highlights that the total supply of stock for sale remains quite tight.” Eaton Mall is a popular destination for locals and visitors alike That shortage of supply is something that tends to persist in Oakleigh making it necessary for buyers to be prepared to act fast “There are never too many homes on the market When we do have good homes come up for sale Oakleigh has a diverse range of dwelling types from entry level brick walk-up units to recently built apartments through to grand heritage homes Late last year, Mr Darlow sold a picture-perfect Edwardian four-bedroom, three-bathroom home at 161 Atherton Road for $1.95 million The beautifully renovated property fetched $1.95 million at sale It had been recently renovated to a high standard and boasted a long list of modern conveniences as well as resort-style entertaining features “People really love the properties with period features,” Mr Darlow said “They’re lovingly retained too – they’re renovated and extended “That preserves the historic and heritage feel of streets that people like so much.” More recently and slightly lower down the scale, this three-bedroom, one-bathroom character home at 72 Eastgate Street fetched $1.01 million This renovator's delight recently went for a song It’s in need of a renovation but has good bones and sits on a 560sqm block And for those on a budget, bright and modern units like this two-bedder at 103 Atherton Road A lot of market activity recently has involved upsizers with growing families targeting Oakleigh in search of bang for their buck That demand is putting a solid floor beneath prices “The past year or so has been pretty interesting The market here in Oakleigh itself has held up strong comparatively and that comes down to supply by Media Team on January 20 Marketing plans are a great resource for a club to develop and to action and is often the missing link between a strategic plan and delivering results has a unique way to develop its marketing plan and it comes with the assistance of students from the nearby South Oakleigh College With the insight of the club provided by the club members the students develop marketing plans for the club as an assignment for their Business Management course and visit the club for a Roll Up and coaching from club members Each plan provides an overview of the club a focus on customer service and rewarding loyal customers and development of promotional material This year’s winning entry developed promotional material for three demographics older and women participants along with suggestions for a membership loyalty program which promotes a membership pathway based on attendance and social games played per annum The marketing plans are assessed by the Classroom teacher and marketing and consultancy company HeyRCG The winning entry receives a cash prize from the club The South Oakleigh Bowls club is hard at work in delivering its strategic plan has recently installed a new synthetic green and is seeing growth in overall membership including a growing female membership base Its hosts a successful Jack Attack program and is actively engaged in working with the community The innovative relationships with the South Oakleigh College is a great example of out of the box thinking assisting in delivering results for a club determined to be and remain an integral part of its community To learn more about similar initiatives, contact your local RBM. 30th April 2025 Rising Stars Named for 2025 National Development SeriesThe future of Australian bowls will be on full display this 26th April 2025 2025 World Bowls Indoor Championships: Final day recapAustralia’s Jack McShane has been crowned the 2025 World Bowls Indoor 25th April 2025 2025 World Bowls Indoor Championships: Day 5 wrapAustralia still remains in the hunt for a gold medal at Subscribe to Bowls Australia's official e-newsletter CNN and the BBC World Service which is copyright and cannot be reproduced AEST = Australian Eastern Standard Time which is 10 hours ahead of GMT (Greenwich Mean Time) 1) 0ms;transition:fill 200ms cubic-bezier(0.4 1) 0ms;font-size:1.5rem;}.mui-13xs5pt{width:100vw;max-width:100vw;margin-top:1px;}.mui-68tkgc{width:100vw;max-width:100vw;margin-top:1px;}.mui-1i0sejk{min-width:200px;border-radius:4px;}.mui-o2bopd{text-align:center;-webkit-flex:0 0 auto;-ms-flex:0 0 auto;flex:0 0 auto;font-size:1.5rem;padding:8px;border-radius:50%;overflow:visible;color:rgba(0 0.54);-webkit-transition:background-color 150ms cubic-bezier(0.4 1) 0ms;transition:background-color 150ms cubic-bezier(0.4 1) 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cubic-bezier(0.4 28,0.38);box-shadow:none;background-color:rgba(29 0.12);}.mui-i4adjf:hover{box-shadow:none;}.mui-i4adjf.Mui-focusVisible{box-shadow:none;}.mui-i4adjf:active{box-shadow:none;}.mui-i4adjf.Mui-disabled{box-shadow:none;}self.__next_f.push([1,"2a:Td74,"])self.__next_f.push([1,"\n googletag.cmd.push(function() {\n // home leaderboard (desktop)\n googletag.defineSlot('/34178149/970x90_top_leaderboard' \u003c/p\u003e\u003cp\u003eKaufland\u0026#x27;s first three stores Chirnside Park and Epping will be served by the country\u0026#x27;s latest and largest distribution centre comprising 115,000 square metres at Merrifield Business Park in Melbourne’s north.\u003c/p\u003e\u003cp\u003eA further three stores which has more than 1,230 stores and 150,000 employees in Europe will establish its Australian headquarters in Melbourne creating 1,600 jobs across.\u003c/p\u003e\u003cp\u003e“Securing the investment of one of the world’s largest grocery retailers in Victoria is a clear vote of confidence in our economy retail talent and retail trade growth,” Victorian minister for economic development Tim Pallas said.\u003c/p\u003e\u003cp\u003eThe German supermarket discounter is owned by parent company Schwarz Group which is the fourth biggest retailer in the world.\u003c/p\u003e\u003cp\u003eThe construction of the new distribution centre will be a vital link in its supply chain as Kaufland spreads its influence throughout the country in an attempt to capture a portion of Australia’s $90 billion grocery sector.\u003c/p\u003e\u003cp\u003eThe company\u0026#x27;s distribution centre will be located in Mickleham at the largest masterplanned business and employment precinct in Victoria which spans 330 hectares.\u003c/p\u003e\u003cp\u003e“Our new state of the art distribution centre at Merrifield Business Park will be the company’s single biggest investment in Australia and enable Kaufland’s expansion,” a Kaufland spokesperson said.\u003c/p\u003e\u003cp\u003eThe European supermarket giant which builds large warehouse-format stores averaging 20,000sq m (five times the size of a standard Woolworths or Coles) will offer a wide range of products Kaufland is set to ruffle the feathers of heavyweights in Australia’s $90 billion grocery sector.\u003c/p\u003e\u003cp\u003eLast year Kaufland paid $25 million for the Le Cornu site on Anzac Highway in Forestville in Adelaide.\u003c/p\u003e\u003cp\u003eDuring Kaufland\u0026#x27;s planning process a number of groups and companies protested the company\u0026#x27;s accelerated approval the ISPT fund and Queensland Investment Corporation.\u003c/p\u003e\u003cp\u003eKaufland said it would engage Victorian suppliers to source products locally where possible and provide opportunities for complementary independent retailers such as cafes within the specialty tenant spaces in stores.\u003c/p\u003e\u003cp\u003eAcross all groceries departments Woolworths retains its overall market lead Aldi and IGA supermarkets.\u003c/p\u003e\u003cp\u003eAccording to the most recent supermarket \u0026amp; fresh food currency report Woolworths holds 27.4 per cent of the fresh food market overall ahead of Coles with 24.6 per cent and Aldi with 9.8 per cent.\u003c/p\u003e\u003cp\u003eIn an attempt to secure a step-change in costs and catch up with rival Woolworths \u003ca href=\"https://theurbandeveloper.com/articles/coles-spends-950m-on-automated-distribution-centres\"\u003eColes announced an investment of $950 million in two state-of-the-art warehouses\u003c/a\u003e.\u003c/p\u003e\u003cp\u003eThree years ago Aldi unveiled a $500 million refurbishment plan that would see every Aldi store in the country upgraded across its 500-store portfolio.\u003c/p\u003e\u003cp\u003eUS warehouse supermarket Costco has 10 outlets in Australia that combined are capturing almost $2 billion a year in sales The $457 million outlay by Kaufland will create more than 1,500 jobs and inject almost half a billion dollars into Victoria’s economy Chirnside Park and Epping will be served by the country's latest and largest distribution centre comprising 115,000 square metres at Merrifield Business Park in Melbourne’s north are subject to an independent advisory committee planning approval process Related: Coles Spends $950m on Warehouse Revamp will establish its Australian headquarters in Melbourne creating 1,600 jobs across “Securing the investment of one of the world’s largest grocery retailers in Victoria is a clear vote of confidence in our economy retail talent and retail trade growth,” Victorian minister for economic development Tim Pallas said The German supermarket discounter is owned by parent company Schwarz Group which is the fourth biggest retailer in the world The construction of the new distribution centre will be a vital link in its supply chain as Kaufland spreads its influence throughout the country in an attempt to capture a portion of Australia’s $90 billion grocery sector The company's distribution centre will be located in Mickleham “Our new state of the art distribution centre at Merrifield Business Park will be the company’s single biggest investment in Australia and enable Kaufland’s expansion,” a Kaufland spokesperson said Related: Grocery-Anchored Supermarket Sweep Continues in Victoria Kaufland is set to ruffle the feathers of heavyweights in Australia’s $90 billion grocery sector Last year Kaufland paid $25 million for the Le Cornu site on Anzac Highway in Forestville During Kaufland's planning process a number of groups and companies protested the company's accelerated approval the ISPT fund and Queensland Investment Corporation Kaufland said it would engage Victorian suppliers to source products locally where possible and provide opportunities for complementary independent retailers such as cafes within the specialty tenant spaces in stores According to the most recent supermarket & fresh food currency report ahead of Coles with 24.6 per cent and Aldi with 9.8 per cent In an attempt to secure a step-change in costs and catch up with rival Woolworths, Coles announced an investment of $950 million in two state-of-the-art warehouses Aldi unveiled a $500 million refurbishment plan that would see every Aldi store in the country upgraded across its 500-store portfolio US warehouse supermarket Costco has 10 outlets in Australia that combined are capturing almost $2 billion a year in sales and has plans to open more warehouses across the country Stockland has solved a vacancy headache in Melbourne’s south-east after deciding to move its distribution facilities to Sydney Earlier this year it employed agents to try and assign its rental agreement Stockland surrendered its Matt Blatt lease and struck a new deal with Sello Products Sello Products is paying a gross face rent of $104 per square metre “This significant leasing deal further reinforces the rapid growth of the e-commerce industry in absorbing prime industrial facilities within the South-eastern market,” Mr Mercuri said