Ritu Sharma and Vikram Tejpal purchased a home in Vermont so their kids Avi (left) 13 could go to the local primary and secondary schools Ritu Sharma and her husband Vikram Tejpal moved 50km to get into the coveted Vermont Primary School catchment area And they’re about to sell and make another home move with school zones in mind was attending a private school in Melbourne’s west before the relocation they decided they wanted a way to connect Adi and with the best education possible at a public school RELATED: Suburbs of Melbourne’s best schools revealed Treechange pad where ‘Neighbours’ filmed up for grabs Incredible Yarra Valley mansion set to smash records which is among the most highly ranked schools in Victoria they purchased their abode at 98 Boronia Rd off market in the suburb for just over $1m — 50km from where they had been living “You want to send your kids to the best schools but most of the time you can’t afford to send them to private schools,” Ms Sharma said “So we wanted to look at buying a home in an area where we would get the best schooling opportunities.” The two kids Avi (right) and Adi go to Vermont Primary School and Vermont Secondary School The teachers at Vermont Primary School quickly picked up on a number of things that those at her son’s prior school had not brought to their attention making the family instantly glad they made the move Now with their second child close to finishing up at the school and their oldest having moved on to the also highly regarded Vermont Secondary College they’re getting ready to move again with plans to relocate to Mitcham — still in the college’s catchment zone — to upsize One of Mr Docking’s Vermont listings at 7 Hayward Court The three-bedroom house is listed for sale with a $1.75m asking price who is managing the upcoming listing of the family’s home said it was a very community-orientated area where most kids went to the esteemed primary school and then on to the high school “Vermont and Vermont South have one of the longest tenures of owners staying in properties as well because it’s such a community atmosphere here,” Mr Docking said “The vast majority of people that inquire on any property we have in the 3133 postcode more so than about the quality of the property Ms Sharma added that many families sought to buy into the area but others were also looking to rent homes there to access the schools — with additional reporting by Sarah Petty Sign up to the Herald Sun Weekly Real Estate Update. 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Keyton has acquired a new premium retirement site at 500 Burwood Highway Vermont South Vermont South retirees are set to get a lavish new housing option after plans for a $150m overhaul to a prominent site in the suburb were revealed Odd reason big-time investor is selling five homes at once Dire home building situation could cost Victorian $1bn+ The almost 26,000sq m of land is now earmarked for what the developer is calling high-quality retirement residences Keyton’s Chief Executive Officer Nathan Cockerill said the site is set to retain the Research Board’s former home in a heritage building that will become the new community’s centrepiece “We believe in maintaining the historical essence of the sites we acquire – the Vermont South site will blend nostalgia with modern living,” said Mr Cockerill “Despite the retirement living sector facing some challenges compared to standard residential developments – we want to create competitive and desirable housing options which include faster planning approvals under the national housing accord.” The high-rises will have views looking onto the Dandenong Ranges The developer will build 211 apartments across six buildings “This development epitomises the premium end of the retirement living market,” Mr Cockerill said “The Vermont South project promises to offer retirees more than just a place to live; the strategic location and the adaptive reuse of the site’s heritage building will pave the way for a connected vibrant community centred around wellness and independence for the residents.” MORE: Late Collingwood legend Lou Richards’ longtime home for sale Joe Hockey’s home sells for wild discount Most of the homes are expected to go to locals already living within 5-10km of the site “Most residents move from within a 5-10 km radius reflecting strong local demand and demographics – the structure benefits retiring individuals by offering them significant financial flexibility and security.” The developer offers various contract choices to suit different financial situations but most residents will buy a 99-year lease upfront — usually paying with equity from the sale of a their prior home The site is 25,830sq m including the 13 existing buildings “You buy the apartment and then rent the land,” he said “Purchasing the unit grants a 99-year lease over it and eliminates the need for ongoing land rental payments; our residents typically pay this lease upfront often using the equity freed up from selling their previous homes.” Residents can also opt for a deferred management fee paid upon exit or they can choose to pay upfront and retain all capital gains when selling the unit A refundable contribution option also exists where residents pay a bond upfront and receive it back upon exiting the unit The development is aligned with the federal and Victorian governments’ housing targets contributing to the national goal of building 1.2 million homes over the next five years 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: Odd reason big-time investor is selling five homes at once Huge risk looms for build-to-rent sector Vic suburbs where the most landlords are selling homes 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. Odd reason big-time investor is selling five homes at once Dire home building situation could cost Victorian $1bn+ MORE: Late Collingwood legend Lou Richards’ longtime home for sale Joe Hockey’s home sells for wild discount 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: Odd reason big-time investor is selling five homes at once Huge risk looms for build-to-rent sector Vic suburbs where the most landlords are selling homes formerly known as Lendlease Retirement Living part heritage protected 1970s office and laboratory with plans for a high-end village The ex-Australian Road Research Board headquarters on 2.58 hectares at 490-500 Burwood Highway is speculated to be setting the group back about $30 million excluding GST 2017 – near a local real estate cycle peak The holding was listed for sale two years later unsuccessfully Vermont South is 26 kilometres east of Melbourne’s CBD the Vermont South site’s Administration building Leighton Contractors won an award to build it They were located to allow for future buildings An extension to the east took place in 1974 Research wings opened the year later and in 1986; along with other improvements the ARRB divested four hectares to the east and south; this now accommodates the Australian Unity Victoria Grange retirement village After offloading the balance office and laboratory with vacant possession six years ago the group relocated to a Port Melbourne headquarters established last June as an independent business from LRL The Vermont South site is its first acquisition since the rebrand “This is an exciting milestone…as we pursue our growth strategy both here in Victoria and across Australia,” chief executive officer added the block has the attributes for a connected retirement living community purpose-built seniors’ residences for sustainable low-cost living within a…supportive community environment” according to the executive Retirement living a solution to housing affordability: Keyton Keyton will renovate the Administration building – set to be the “centrepiece” of the village The project will also have a positive impact on housing supply is a national issue dominating current public debate,” he said “The federal government recognised that retirement living communities can help ease this problem in its recent decision to include retirement living units in its national target for 1.2 million hew homes over the next five years,” the executive added “Incentivising the states under this program opens the opportunity for retirement living development like this project in Vermont South to be part of the much-needed solution to the national housing crisis “A new retirement living community provides affordable housing options for seniors and frees up existing supply in the wider housing market as those seniors ‘right size’ “The development of more independent living retirement communities is a key part of the housing solution “We also know these communities deliver broader health and wellbeing benefits to residents that reduce demand on aged care and services “The benefits of retirement living are many and varied but to put it plainly high quality homes for senior Australians and we help them stay healthier longer and reduce demand on our health and aged care sectors “And all of this means savings to the taxpayer” Keyton owns more than 75 Australian villages housing over 17,000 residents Elsewhere in Melbourne it is developing a high rise, high density village Subscribe to our newsletter at the bottom of this page 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 The Weekly SOURCE is published by DCM Media 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) which covers suburbs including Ringwood in Melbourne’s outer-east with properties listed for private sale spending a median 39 days on market in the six months to August Properties for sale in Knox and Kingston also moved quickly spending an average of 40 and 48 days on market in the same time period Domain head of research and economics Dr Nicola Powell said houses were moving faster in more affordable areas while premium locations experienced longer days on market as buyers with tighter budgets look to lock in property before the year’s end it’s showcasing that buyer and seller pricing expectations not meeting one another … there will be buyers that really are keen to make that purchase and that urgency will rise among certain buyers,” she said Powell noted premium homes could take longer to sell because the pool of buyers was smaller with days on market blowing out in some sought after suburbs where sellers are reluctant to lower price expectations Homes in Stonnington (east) took a median of 82 days to sell in the past six months while Essendon properties stayed on market for a median 73 days Melbourne’s overall median days on market have blown out over the past year as the property market weakens The figures come as potential home buyers have been under pressure from higher interest rates that reduce how much money they can borrow. Reserve Bank governor Michele Bullock warned this week 5 per cent of home borrowers were in a “particularly challenging situation” and some may need to sell their homes. Commonwealth Bank head of economics Gareth Aird said homes lingered on the market when sellers and buyers were unwilling to shift their price expectations. He added that houses taking longer to sell signalled a cooling market. “A seller wants a particular price, a buyer is willing to pay a particular price, and if expectations aren’t aligned, then a property will just sit there,” Aird said. “That usually happens in a market that’s softening because in markets that are pretty hot, properties don’t tend to sit on the market for all that long.” Aird added that reduced borrowing capacity, caused by high interest rates, has caused some buyers to reduce their budgets and look to cheaper-priced suburbs. “With interest rates much higher than they were a few years ago, borrower capacity has gone down, so for a lot of people trying to get into the market, if they can enter at a lower price point, that’s what they’ll do.” Retiree Trevor Molloy is selling his Vermont South home of 20 years to move to the coast, and is confident his spacious property will be purchased within a month of listing. He said families attracted to the area by the schools, transport and green spaces were interested in larger homes like his, with demand often outweighing supply. “Houses like mine seem to move fairly fast,” Molloy said. “There are not a lot of four-bedroom houses in Vermont South or Vermont on the market at the moment.” Docking Real Estate director Adam Docking agreed family homes were rarely put up for sale in the area. “People are keen to move into the area and because the houses are so tightly held, when they come up, they’re snapped up fairly quickly,” Docking said. Vermont South is located in the Whitehorse (east) area, where homes spent a median of 59 days on market in the six months to August. Docking said while buyers were keen to break into the Vermont South market, days on market have lengthened over the past year as sellers reevaluate their price point to meet tighter budgets. Ray White Ringwood director Chris Watson said some lower priced homes were being sold in as little as three weeks in the Maroondah area. “There’s a healthy level of buyer demand, so it’s pretty rare that we would have an open home where no one comes through,” he said. “Some properties aren’t selling very well, but they’re the ones that are perhaps a little bit overpriced, or perhaps they’re a little bit poorly presented. But the ones that are presented well, we’re selling them in 21 days, sometimes even quicker.” 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 Share on FacebookShare on X (formerly Twitter)Share on PinterestShare on LinkedInCOVENTRY Border Patrol agent was fatally shot Monday on a highway in northern Vermont south of the Canadian border The death was confirmed by the FBI and Benjamine Huffman acting secretary of the Department of Homeland Security in Washington the FBI said that in addition to the agent a suspect in the shooting was killed and a second suspect was injured and taken into custody during the encounter on Interstate 91 in Coventry about 20 miles (32 km) from the Canadian border The FBI said there was no ongoing threat to the public Huffman said the death occurred “in the line of duty.” The identity of the agent The sector encompasses Vermont and parts of New York and New Hampshire Federal authorities did not provide additional details but said they would be released as they became available A portion of Interstate 91 was closed in both directions for about two hours afterward The northbound lane reopened just after 5 p.m the Vermont State Police was also investigating Huffman said the death would be “swiftly investigated.” our Border Patrol agents put themselves in harm’s way so that Americans and our homeland are safe and secure,” Huffman said in a statement Customs and Border Protection’s Newport Station The area includes 295 miles (475 kilometers) of international boundary with Canada Becca Balint sent condolences to the agent’s family and said Border Patrol agents “deserve our full support in terms of staffing charged with weapons crimes over highway shootout in which German man also died A Washington state woman has been charged in the fatal shooting of a US border patrol agent during a Vermont traffic stop that happened days after authorities began watching her and a German companion, who also died in the highway shootout, the FBI said on Friday Teresa Youngblut, 21, faces two weapons charges in connection with the death of the border patrol agent David Maland, 44, who died on Monday during the shootout in Coventry, a small town about 20 miles from the Canadian border. Read moreAccording to an FBI affidavit a border agent pulled over Youngblut and Felix Bauckholt on Interstate 91 to conduct an immigration inspection Bauckholt appeared to have an expired visa according to a US Department of Homeland Security database – but investigators later confirmed that his visa was current got out and opened fire on Maland and other officers without warning Bauckholt tried to draw a gun but was shot dead At least one border agent fired on Youngblut and Bauckholt but authorities have not specified whose bullets hit whom “The events leading to this prosecution tragically demonstrate how the men and women of law enforcement regularly put their lives on the line as they try to keep our communities and our country safe,” the acting US attorney Michael Drescher said in a statement and the memory of border patrol agent Maland by performing our prosecutorial duties so that justice may be done.” Investigators had been performing “periodic surveillance” of Youngblut and Bauckholt since 14 January after an employee at a hotel where they were staying reported concerns after seeing Youngblut carrying a gun and she and Bauckholt wearing black tactical gear who said they were in the area looking to buy property but declined to have an extended conversation investigators watched Bauckholt exit a Walmart in Newport he was seen wrapping unidentifiable objects while sitting in the passenger seat During a search of the car after the shootout authorities found cellphones wrapped in foil The also found a package of shooting range targets travel and lodging information for multiple states The public defender’s office that will be representing Youngblut did not immediately respond to a voicemail seeking further information A man reached at a phone listing for Youngblut’s family in Washington state identified himself as Youngblut’s grandfather and declined to comment No one answered the door at a home in Seattle associated with Youngblut’s name declined on behalf of his family to comment on the arrest The family issued a statement expressing gratitude for the support they had received “To think people who never knew David Christopher Maland personally would reach out with condolences and beautiful words of support has been beyond our imagination,” they said 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 Thomas are renting in Vermont South which has had rapid rises in rental costs — but they’ve found a way to dodge the hikes Gary and Giri Thomas jumped through hoops to get their feet on the Melbourne property ladder so the couple and their sons Mitchell and Jayden are “rentvesting” living as tenants in Vermont South while they save to buy a home there – hopefully with the help of climbing property values in Clyde RELATED: Electorates with worst rental pain and how tenants could shape next election Buying a home in your 20s: How to do it without financial help from your parents Victorian suburbs owners never want to leave turning them into millionaires Mr Thomas said he was in a unique position of being both a landlord and a tenant Despite a typical renter in the area forking out up to 28.8 per cent of their income on rent he felt overall the rental system in Victoria was fair “I don’t have a problem with the rental system being a good tenant and having a good relationship with your landlord I think has an influence on your rental experience,” he said “The landlord my family is dealing with is fantastic – I do a lot of work on the house to update it to a higher standard and we’ve been lucky they haven’t increased the rent for three or four years.” Lifestyle is a key factor to the Thomas family renting transport options and shopping centres nearby Mr Thomas said the family did believe one key change was needed to help Aussie tenants — making more of the nation’s large numbers of currently vacant residences available to renters “When we are in a rental crisis that shouldn’t be the case,” he said “The ideal goal is to keep the property in Clyde and purchase a house here in Vermont South,” Mr Thomas said “I am hoping our property in Clyde increases in value enough to allow in equity to buy around here.” as PropTrack figures show the median price for a home in Clyde was $680,000 at the end of May It is currently less than half that of Vermont South’s $1.5m typical house value MORE: Ex-Treasurer Josh Frydenberg, comedy’s Rhys and Kyran Nicholson sell Frank Walker from National Tiles puts three-home South Yarra compound up for sale Mel Gibson’s former property Carinya Homestead in Gundowring, Victoria, sells  Simon Jefferson and wife Pam are selling their Vermont South property Jefferson Ford founder Simon Jefferson and wife Pam have listed their Tuscan-inspired estate for a $5.75m-$6.25m sale that could top the Vermont South record by more than $1m Mr Jefferson’s name has become synonymous with car sales in Melbourne as his family-owned auto group became one of the city’s biggest — with 430 employees selling everything from Fords to Mitsubishis But while hard work and car sales paid for the family home at 3 Ngumby Court the local landmark is the product of his wife Pam’s creative flair and taste for art RELATED: Jefferson Ford founder and director and wife list huge waterfront home, beach box Ali’s knockout mansion heading under the hammer Saving Melbourne’s mid-century homes: Local woman’s plan to restore ‘raunchy palace’ silk walls — a kind of padded fabric partition more commonly seen in castles and is surrounded by topiary gardens that have long been a source of delight at Open Garden days The home has gives off Italian wine region vibes Inside the grand living space with fireplace and chandelier The chic kitchen design with an American oak island bench remember it wasn’t always that way and took 40 years to perfect Natalie Jefferson said her family’s first home had been a simple Ferntree Gully address built by the company owned by the father of Skyhooks frontman Graham “Shirley” Strachan Jefferson Ford had gone from a start-up that had borrowed from the bank and his wife’s family to a huge success “But when they first built it they didn’t have the money to put a lot of furniture in they had to build it up slowly over time — so it’s quite grand now,” Ms Jefferson said In the years that followed her father’s penchant for sausages at dinner were indulged from a kitchen that has since been renovated to feature an American oak island bench and Gaggenau appliances Jefferson’s children say the home took their parents 40 years to perfect More often than not dinner was a never before tasted meal clipped from the newspaper or a recipe book by her “amazing cook” mother along with those made from selling cakes baked by the family Ms Jefferson said while the home was being sold the family would be hanging onto memories including the backyard wedding of her brother Brett where a dance floor and marquee were installed over the pool She’ll particularly miss her dad’s jigsaw puzzle room part of an extension added by architect Graham Fisher that looks out to the trees and lawns of the garden “Whoever gets it is going to be very lucky,” she added A space which Mr Jefferson used as his jigsaw puzzle room Sales records show the Jeffersons bought the property for $75,000 in 1980 before building the house that stands there today Ms Jefferson added that the artwork around the home collected by her mother over the years was the subject of an upcoming book the house itself spans 575sq m with frontage to what is known locally as Vermont South’s golden mile The primary bedroom with large walk-in robe Another bedroom adorned with artistic wallpaper as well as top schools including Vermont Secondary College and Wesley College Docking Real Estate director Adam Docking is handling the sale of the “spectacular” home and said walking through its formal areas provided a sense of being “immersed in European heritage” Features like silk walls that might sound like an extravagance also provide phenomenal noise reduction leaving the home with an “absolute feeling of solace” “It’s a landmark property for the eastern suburbs well thought out and presented home that I have seen in my three decade career.” It should easily smash the current $4.15m price record set at 240 Morach Rd in 2016 He said an eastern-suburbs family from closer to Melbourne’s CBD looking for an upsize would most likely claim the keys The Jefferson’s had listed a sprawling waterfront allotment in Dromana with a $20m asking price earlier in the year but have changed plans and opted to sell their family home instead 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: Melbourne ghost sites: Family plan to turn long-time vacant block into hi-tech homes Kyneton: Home akin to Pride and Prejudice’s estates has dam perfect for Mr Darcy to swim in The Lucky Coq, Naked for Satan restaurateur Max Fink selling $8m South Yarra home Vermont South – for herald sun real estate A well-read Vermont South couple turned their passion for page-turners into a premium price under the hammer yesterday Vendors Leigh Haig and Penny Khaw built the home at 25 Coltain St to a custom design Mr Haig said had its library at the centre of its design plans It went under the hammer yesterday with a $2m reserve that was smashed as five bidders pushed the price to $2.25m RELATED: Doncaster house sold $680,000 above expectations, keys go to mother-in-law Real Estate auction blog: Livestreams and rolling updates from Melbourne’s auction market What income you need to earn to own in every Melbourne suburb Ms Khaw said after recent rate rises she had been surprised by the 166 groups that had inspected the home ahead of its auction but was thinking about a bottle of champagne to celebrate the impressive result — though she said she would miss its wide kitchen benches Mr Haig said he was relieved to have locked in a sale though had mostly kept rising interest rates off his mind A fully-specked back yard also helped turn heads it will be the library I miss most,” he said “I’m going to miss having my books all in a single location But I’m already considering options to do something of the same ilk.” Ms Khaw advised putting the time into preparing for open for inspections and making sure you learned how to recreate the styling exactly as the stylists did it RT Edgar Manningham’s Peter Sahinidis said the home had sold to a family from Ferntree Gully but had been inspected by purchasers from as far as Point Cook The home’s open-plan rear opens out to an enviable pool deck and the library was so unique a lot of people hadn’t seen one before,” Mr Sahinidis said He is now interested to see if this marks a return to such results before the end of 2022 MORE: Geelong TV presenter Angie Hilton puts high-end Newtown home on the market Mt Macedon: Period ‘Fairyland garden’ sanctuary with temple has $10m-$11m price tag Keysborough house price record: 177-year-old Keys family home set to blitz suburb record Vermont South sold for $2.05m in a twilight auction on Thursday A stylish five-bedroom pad in Melbourne’s east sold under the hammer at a competitive auction Vermont South notched a $2.05m sale on Thursday evening Burwood East home sells for first time in 20 years Toadie’s old house on Neighbours street in Vermont South for sale The pool was the first thing the vendors changed when they bought the house 20 years ago Other renovations have included adding a stylish kitchen Biggin & Scott Glen Waverley’s Lily Liaw had the listing and said a reserve was not set as bidding “started very high.” Vendors Vicki and Rob McNally said the sale was “unbelievable” and were pleased with the “fantastic” result The couple bought the home nearly 20 years ago from the original owners for $393,000 They raised their three children at the property who also attended Thursday’s twilight auction — held in the backyard by the pool Ms McNally said the pool was the first upgrade they made to the home and was “the best investment.” “The kids all had pool parties there,” she said The McNallys completed a number of renovations over the years including the addition of a glamorous kitchen and three modern bathrooms Ms Liaw said that three bidders fought for the keys on Thursday “We’re seeing more quality buyers over quantity,” she said A young couple from Hong Kong won the keys who had a buyers advocate bid on their behalf “It’s going to be really sad to leave,” Ms McNally said but hope to buy another old house to renovate in the future “We got to enjoy it and are happy that the next owners will too,” Ms McNally said MORE: Victorians brace for interest rate rises: Search every suburb Point Cook home has slice of Bali paradise in the backyard Artist David Bromley’s Hepburn Springs family house painted as a potential luxury getaway You can now click/tap WATCH to start the live stream You can now click/tap LISTEN to start the live stream You can now click/tap LATEST NEWS to start the live stream A Senior Constable is in hospital after he was struck by a stolen vehicle outside the Burvale Hotel in Vermont South “There are two suspects …  there’s one offender still at large,” he told Tom Elliott Anyone with information is urged to contact Crime Stoppers on 1800 333 000 sold under the hammer on Saturday to a family who only viewed it for the first time that day A four-bedroom home in Vermont South sold under the hammer on Saturday to a family who only viewed the property for the first time that day The 8 Coonawarra Drive pad was first listed with a $1.25m-$1.35m price guide before it sold to a family who saw the home for the first time at its open inspection that morning RELATED: Real Estate auction blog: Livestreams and rolling updates from Victoria’s auction market Bentleigh pad gifts owners $250k premium, sells under hammer for first time in 30 years Edithvale the ‘German dream’: Father buys waterfront rental, scores $1m+ profit 7 years later scored a whopping $129,000 premium at its auction The light-filled living area at the Balwyn North home Sold By Auctions director and auctioneer Andy Reid had the listing who said that “good family homes that don’t need a trip to Bunnings are still being competed for” “Anything requiring work will vary in success depending on how they’re presented by agents and priced by vendors and development stock is a tough ask but not impossible if the location is A1,” Mr Reid added The sale comes as PropTrack recorded a preliminary clearance rate of 61 per cent from 290 reported results on Saturday a five-bedroom pad scored a whopping $129,000 premium at its midday auction The 153 Maud St auction was popular with onlookers With limited parking on the street due to its popularity the auction was paused halfway through to help a senior woman driving by make a three-point turn — with the crowd erupting in applause as she drove away The stylish home features five bedrooms and a swimming pool before it was called on the market at $2.64m A young family looking to upsize placed the winning $2.769m bid another five-bedroom home notched a mega $3.3m sale under the hammer Three active bidders attended the on-site auction for 38 Frederick St with a young couple looking to start a family winning the keys Ray White Balwyn agent Tony Chen had the listing MORE: Emmaline Carroll Southwell: TikToker parts with viral Richmond pad Metricon’s Ross Palazzesi selling Docklands ’sky home’ as company sheds jobs Ormond house mural by Heide Circle artist Moya Dyring is unearthed ahead of auction Border Patrol agent who was killed in Vermont during a traffic stop near the Canadian border was a military veteran who worked security duty at the Pentagon during the Sept “He was a devoted agent who served with honor and bravery,” a family statement provided to The Associated Press late Tuesday said “He had a tremendous respect and pride for the work he did; he truly embodied service over self.” was killed Monday afternoon following a traffic stop Customs and Border Protection spokesperson said in a statement A German national in the country on what the FBI called a current visa was killed and an injured suspect was taken into custody and is being treated at a local hospital READ MORE: U.S. border patrol agent has been shot and killed in Vermont south of border, authorities say The violence temporarily closed part of Interstate 91 about 20 miles (32 kilometers) from Canada in Coventry 27,000-resident community of Orleans County in the Northeast Kingdom section of Vermont that straddles the international border Maland had many chances for promotion but turned them down to stay in the field on the House floor Wednesday before lawmakers observed a moment of silence “He will be remembered for his courage and commitment to protecting fellow Americans,” said Knudsen “He is also a person who served faithfully with honor and bravery part of the Swanton Sector that he was assigned to and includes 295 miles (475 kilometers) of international boundary with Canada The Derby Line–Rock Island Border Crossing is located about 12 miles (19 kilometers) by highway north of Coventry It’s a major link to the Canadian province of Quebec giving northern Vermont more French speakers than most of New England Maland’s family said his career spanned nine years in the military and 15 in the federal government and when news of the terrorist attacks broke he was sent to guard an undersecretary to one of the branches of the military for several days at a bunker at the Joint Base-Anacostia Bolling READ MORE: Pentagon to send 1,500 active duty troops to U.S.-Mexico border, officials say Maland also was a K-9 handler who he served in Texas said he was about to propose marriage to his partner “We are all devastated,” she told AP in a text Knudsen said she and Maland both grew up in Fairmont where he graduated from high school in 1999 “Chris was an incredible man and will be missed dearly I am grateful for his service and I know he was very proud of it,” she said We will cherish his memories and mourn his sacrifice Maland was the first Border Patrol agent to be killed in the line of duty since Javier Vega Jr Vega was initially considered to be off duty at the time of his death but in 2016 it was re-determined to have been in the line of duty Brian Terry’s killing exposed the botched federal gun operation known as “Fast and Furious.” Border Patrol Agent Nicholas J was mortally wounded in the line of duty in a remote area near Bisbee Border Patrol Agent Isaac Morales was fatally stabbed while off duty in 2017 in Texas © 1996 - 2025 NewsHour Productions LLC PBS is a 501(c)(3) not-for-profit organization Subscribe to Here's the Deal with Lisa Desjardins diners – many from the city’s Malaysian community – come for the thali Read moreThe pair went on to work in telecommunications but the kitchen was calling “We wanted to own a place where we could showcase the south Indian [and] Malaysian food of our childhood,” Khorana says and changing the business name to Ammachi’s Table this year Ammachi’s Table, on the site of the former Rich Mahal in Vermont South, Melbourne. Photograph: Eugene Hyland/The GuardianAmmachi’s Table is popular for its roti Photograph: Eugene Hyland/The Guardian“‘Ammachi’ means ‘grandmother’ in Malayalam,” says Khorana “We chose it to reflect the style of our food but also where it came from: many of our recipes have been passed down from our mums diners – many from Melbourne’s Malaysian community – crowd the small eatery in Vermont South They politely nab spare chairs and push together tables; which are quickly covered with thali (mixed curry plates) is the starting point to a build-your-own thali deep-fried spiced chicken drumsticks topped with crunchy fried onion slivers; or perhaps the vazhuthana masala The Kerala lamb curry is a 150-year-old recipe from Pereira’s family: it is a rich dry-style curry thickened with grated coconut with fall-apart lamb on the bone (a word of warning: it is quite fiery) The varutha kozhi muringa – deep-fried spiced chicken drumsticks topped with fried onion. Photograph: Eugene Hyland/The GuardianThe thali come with rice or roti that’s made to order Photograph: Eugene Hyland/The GuardianA highlight is the arivulla Malabaar mattan kari “People kept asking for goat,” Khorana says “So we decided to introduce Michelle’s grandmother’s It’s a real labour of love and takes hours to cook.” it’s made fresh and flaky to order – so be prepared to wait more labour-intensive a la carte specials are available Push through the rice mountain to reveal – spoiler alert – a hidden boiled egg The chicken biryani, with a bonus boiled egg. Photograph: Eugene Hyland/The GuardianCo-owners: Dominic George Photograph: Eugene Hyland/The Guardian“There’s 25 different roasted and ground spices in this dish,” Khorana says “The rice and meat are layered like a lasagne and cooked slowly in a dum [an Indian pot] they traditionally seal the lid with flour to keep the moisture in We improvise and put a heavy brick on top.” It’s a substantial and splendidly textured dish: fresh yam bean and carrot (carrot is not traditional but Khorana says yam bean is harder to come by in Australia) With good food and passionate co-owners Ammachi’s Table has become a fixture of the community for all the right reasons Photograph: Eugene Hyland/The GuardianAmmachi’s Table is the sort of eatery that becomes a fixture of the community for all the right reasons The food is affordable and flavour-rich; and the operators are fuelled by passion and a love of family-style cooking Khorana and Pereira’s career change may be telecommunications’ loss Ammachi’s Table, 3/499 Burwood Highway, Vermont South, Victoria, ammachistable.com.au A championship rematch and a classic rivalry are on tap for tonight's Division I boys and girls high school hockey finals at Gutterson Fieldhouse top-seeded and defending champion Rice (22-0) and No 3 South Burlington (16-6) square off for the second straight year 4 Essex (13-8) will meet in the championship for the seventh time in their storied history More: 2025 Vermont high school boys hockey playoff primer and round-by-round predictions More: 2025 Vermont high school girls hockey playoff primer and round-by-round predictions The Rice-South Burlington matchup kicks off the doubleheader at 6 p.m BFA and Essex will follow at approximately 8 p.m For live updates from both championship tilts and links for how to watch The most recent in-game updates will be displayed at the top Albans 1Essex wins its first D-I hockey championship since 2021 Stay tuned for more coverage later tonight Albans 1The Comets pulled their goalie at the start of their power play Calleigh Bruyns scores the empty netter to become the third Division I girls hockey player ever to record a hat trick in a championship game The Comets have a skater advantage for the next two minutes after an Essex skater goes to the penalty box Albans can not capitalize on its second power play opportunity of the night in the closing minutes of the second period The Comets looked to cut Essex's lead down to one with Lilly Ferraro having a one-on-one breakaway opportunity Taylor Senecal races down the other end and scores her second goal of the night for Essex Albans on the board firing the puck into the top right corner of the net This game is delivering on lots of action!! The Hornets are outshooting the Comets 8-7 Essex catches a break with the referees failing to call a too-many-skaters on the ice penalty in the closing seconds Taylor Senecal collects the puck near her own goal and goes coast-to-coast weaving her way around defenders Albans 0The Hornets score the power play goal with Calleigh Bruyns punching in the rebound following the Comets' goalie save Albans is a woman up after an Essex player gets sent to the box for a tripping Morgan Hughart makes a great save to deny the Comets The puck ricochets right to Calleigh Bruyns and she punches the puck into the net giving the Hornets the early lead Lucille Mehaffey gets credited with the assist Albans-Essex starters for D-I girls hockey championship gameBFA-St Green Knights add another in final seconds and go back-to-back completing the first perfect season in Division I in 21 years South Burlington (16-7) with a valiant upset bid More: Late winner decides Rice boys hockey's title defense, first perfect season in 21 years Rice has 23-22 shots advantage for the game Lucas Van Mullen levels the game with a laser from the left faceoff area The South Burlington star rifles shot off the cross bar and in South Burlington 1South Burlington's Jack Kelly slips behind defense and Rice goalie Henry Monaghan knocks away chance Oliver Quong flicks in wrister for go-ahead goal Quong took a two-line pass from defenseman Brendan Patterson to create the goal opportunity 6:07 left in second period: South Burlington 1 Rice 1South Burlington's Lucas Van Mullen can't quite get shot off in front of goal Then Vincent Lanzetta's rip is nearly spilled for a rebound chance for Rice Rice's Oliver Quong zooms in transition but South Burlington goalie Alex Chagnon gathers hard shot without allowing a rebound 12:55 left in second period: South Burlington 1 Rice 1Rice with a couple shots early in the second South Burlington had a 12-10 edge in shots on net Rice goalie Henry Monaghan had to make a couple point-blank saves in the final couple minutes of the period Lucas Van Mullen and Tyler Russo scored 31 seconds apart early in the first looked like it bounced in off a South Burlington defenseman South Burlington strikes first: Lucas Van Mullen takes away finish from Christian Butler's back pass Both title games will be streamed on the NFHS Network (subscription required) Rice vs South Burlington in the D-I boys hockey final BFA vs Essex in the D-I girls hockey final Regular-season matchups: Rice swept both meetings this winter Head-to-head tournament meetings:  Rice leads 4-2 following last year's championship victory (2-1) Rice's playoff history: Rice enters its fourth straight championship-game appearance The Green Knights are 3-5 all-time in the finals and have a 39-48 win-loss tournament record overall South Burlington's playoff history: The Wolves are 30-41 in tournament play in their history The program's most-recent championship came in 2013 Regular-season matchups: BFA went 2-1 vs Essex this winter Head-to-head tournament meetings: Essex leads 7-5 (including 4-3 in the title games) The Hornets also won the teams' most-recent playoff matchup BFA's playoff history: The Comets are 51-12 all-time in tournament play Essex's playoff history: The Hornets own a 38-14 all-time mark in tournament play They won three straight titles from 2019-2021 with the third crown an awarded championship due to an opponent's COVID case Contact Alex Abrami at aabrami@freepressmedia.com. Follow him on X, formerly known as Twitter: @aabrami5 Contact Judith Altneu at jaltneu@gannett.com. Follow her on X, formerly known as Twitter: @Judith_Altneu 490-500 Burwood Highway in on a huge Vermont South block A huge block of land in Vermont South has returned to the market just two years after selling for almost $30 million No. 490-500 Burwood Highway with 130m street frontage to the highway on a 25,830sq m site But with the developers behind that purchase chasing another opportunity interstate the parcel of land is once again up for grabs 490-500 Burwood Highway has 13 buildings on the site 490-500 Burwood Highway last sold for $28,477,076 in May 2017 “We sold it for about $28 million a couple of years ago,” said CBRE director Mark Wizel “But the people who bought it have recently gone into other ventures in Australia — namely a major tourism project in the Hunter Valley in NSW would attract offers in excess of $20 million An application for a rezone into a residential growth zone was lodged by Tract Consultants in May 2018 with the final decision expected by the end of 2020 “They are extremely confident there shouldn’t be any issues,” CBRE agent Chao Zhang said The facade of the Australian Road Research Board is heritage listed The block is close to Vermont South Shopping Centre and schools The property still contains 13 1970s-era office buildings including the former Victorian headquarters of the Australian Road Research Board “Future development of the site is not prohibited but must be managed through a planning permit process with emphasis on protecting and respecting the former ARRB office building,” a City of Whitehorse statement said Future development would also need to consider elements of the garden designed by landscape architect Beryl Mann A MUM looking for somewhere for her family to upsize to scored a newly renovated home in Vermont South at the weekend The four-bedroom house at 42 Pioneer Close was hotly contested at its Saturday auction But the keys were ultimately handed to the woman RELATED: Former racing champ lists classic 1920s home 155-year old mansion has $8.8m price hopes Every suburb’s massive pandemic house price gains The home has been completely renovated on the inside The bright and functional kitchen and dining space Ray White Glen Waverley partner Darryl Wickham said a crowd of “over 100 people” turned out to watch the sale “(And) there was some really aggressive bidding,” he said Mr Wickham said the “beautifully presented” property had been completely transformed by his vendors who were a young couple moving to Brisbane The 668sq m home had originally been listed for $1.6m —$1.7m An outdoor entertainment area and separate office space were also included in the package a pair of hopeful buyers who were the only party to place a bid at an auction midweek walked away victorious About 50 people attended the 19 Linton St abode’s auction on Wednesday night — but only one group ended up bidding Jellis Craig Stonnington director Carla Fetter would not disclose the sale price but it’s understood the three-bedroom two-bathroom house sold at the top end of its $1.4m-$1.45m price range Ms Fetter said the buyers were a professional couple who plan to live in the home She said the vendors were “very happy with the result” and were selling to make a sea change notched a sale at the top end of its price guide The 242sq m property on a quiet street featured period details including original timber floorboards and vaulted ceilings A stylish stone-bench kitchen with stainless steel appliances and a courtyard at the rear were also selling points MORE: JJ sells home to Doggies fan called JJ, too Most Googled homebuying questions answered Epic house built into a train for sale Share via...Gift this articleSubscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe A syndicate of Asian property developers is set to take a financial hit after deciding to sell a 2.6-hectare site in Melbourne's eastern suburbs it had only recently settled on The site at 490-500 Burwood Highway in Vermont South – the former Melbourne headquarters of the Australian Road Research Board (ARRB) – was acquired  for $28.5 million (inclusive of taxes) in May 2017 but only settled in mid-December 2018 with a mortgage to fund manager Eildon Capital SaveLog in or Subscribe to save articleShareCopy link Gift 5 articles to anyone you choose each month when you subscribe. 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Read MoreProperty developmentProperty investmentLatest In ResidentialFetching latest articles about 32 kilometres from the Canadian border The Canada Border Services Agency e-mailed a statement in response to the death of the U.S but it did not answer questions asked by The Canadian Press about whether the agency was involved in an investigation of the incident “Our deepest thoughts and sympathies are with the family and colleagues of a respected member of the border security community,” the statement read “The Canada Border Services Agency stands with its United States law enforcement counterparts and we are ready to assist as needed.” A spokesman for Public Safety Canada noted it isn’t an investigative agency and directed questions about the incident to the U.S noting they would be the ones to answer who they have asked for assistance Quebec provincial police also directed questions to U.S The area includes 475 kilometres of international boundary with Canada Report an editorial error Report a technical issue Authors and topics you follow will be added to your personal news feed in Following Welcome to The Globe and Mail’s comment community. 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For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions quick sale for Vermont South milk barDavid Aidone 6 Weeden Drive, Vermont South VERMONT South vendors might just be in blue heaven after selling their milk bar and attached residence in just 10 days The quick-fire sale of 6 Weeden Drive was done for a sweet $950,000 via private treaty Philip Webb senior sales consultant Joseph Corsi said it was a great outcome “It certainly was quick for a private treaty sale,” Mr Corsi said “It was a unique opportunity; I certainly hadn’t come across anything like that with residential zoning in my time RELATED: Vendor hopes milk bar will bring buyers to the back yard The double deal attracted a lot of buyer interest Mr Corsi said the owners had used the property as an investment and now planned to retire “The rental yield wasn’t particularly high because they had to set up for the people running the milk bar to also live in the residence above,” he said SUBURB PROFILE: Vermont South RELATED: Former grocery store heading under the hammer “But there is certainly scope to split the two so you could generate two separate income streams.” He said the new owners planned to continue its stint as an investment property you could probably fit a small townhouse project on the (576sq m) block The kitchen and meals area in the upstairs residence Mr Corsi said the owners purchased the property in 2002 where sales records reveal the paid $270,000 The four-bedroom upstairs residence also had a living room It was quoted at $850,000-$930,000 prior to the sale There were reports two cars rammed each other in a car park before the shooting. (ABC News) Link copiedShareShare articleA fight between occupants of three cars in a suburban car park in Melbourne's east has left an 18-year-old Cheltenham man fighting for his life in hospital. Police were called to the Vermont South Shopping Centre at 9:30pm on Wednesday after reports of an altercation. The victim was dropped off at the Knox Private Hospital a short time later with a gunshot wound to his upper body. He underwent emergency surgery and is in a critical condition. Police said they were looking for up to six people over the incident and did not know the identity of the shooter. "We're working very hard on that to identify who that person is and to identify the weapon," Detective Senior Sergeant Ian Shepherd said. He said the victim was known to police but he did not believe the meeting was connected to drugs. "It would appear at this stage it may have been an arranged meeting," he said. "It's unclear exactly what the altercation was ... the history to that and the nature of that is unclear. "But it's certainly a verbal altercation that led to the production of a firearm." Police believed the shooter and the victim travelled to the car park in the same gold twin-cab ute, along with another person and the victim's brother. The victim's brother remained with the 18-year-old after he was dropped off at Knox hospital, while the other two occupants fled in the gold ute. The victim's brother has not provided police with information about the identity of the shooter. Police have spoken to the occupants of one of the other cars involved, a black Mitsubishi Lancer. But they are still searching for the occupants of a dark Holden Commodore, and the other occupants of the gold ute. "A shotgun in suburban Melbourne, a busy shopping centre, a residential area. [It's] very concerning to be in possession of firearms such as that," Detective Senior Sergeant Ian Shepherd said. 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 googletag.defineSlot('/34178149/970x90_top_leaderboard' 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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 opinions and insights into the best of urban development from Australia and around the world \\\"\",\"enabled\":true,\"userStatus\":\"CONFIRMED\"}]},\"listings\":[],\"topStories\":[{\"id\":\"4ytaLAgWE4HdhpktD14uw1\",\"articleName\":\"Nightingale Founder’s Bid for Affordable Architectural Kit Homes\",\"slug\":\"breathe-architecture-featherweight-homes-boyd-merchant-builders\",\"datePublished\":\"2025-05-05T00:00+10:00\",\"tags\":[],\"summary\":\"Jeremy McLeod is leaning into the past for a smarter housing future 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 5,207sqm site is on three titles at 431-439 Burwood Highway Vermont South and was sold in an off-market deal by Ray White Glen Waverley on behalf of a long term owner Commercial Manager Ryan Trickey said the purchasers were a syndicate of local and Chinese interests who have plans to redevelop the site with a mix of residential apartments with more than 100 residential units “This high profile development site is ready to be transformed with zoning in place for up to four levels of apartments (STCA),” Mr Trickey said “The site is centrally located in a well-known growth corridor approximately 20km east of the Melbourne CBD “The property is on a main road and flanked by a wide range of shopping centres Seldom do opportunities exist for redevelopment opportunities of this size in this area “It offered a wonderful opportunity for a developer in a strengthening market “The sellers are a syndicate who have owned the property for more than 30 years and they are looking forward to seeing something special constructed on that site to bring more people to the local community.” Vermont South is located in the outer eastern suburbs of Melbourne It is surrounded by Glen Waverley, Wantirna South and Burwood East and has a population of 11,972 people according to the Australian Bureau of Statistics In 2005, Tram route 75 was extended to the Vermont South Shopping Centre, connecting Vermont South to Melbourne’s inner suburbs and the city There is also a bus transit link which travels to Knox City Shopping Centre It is also within five kilometres of major shopping centres; Knox City and The Glen A famous Vermont South landmark is Pin Oak Court (pictured above) the filming location for ‘Ramsay Street’ from the television show This four bedroom home at 2 Yalita Road (pictured below) is currently on the market with a price guide of $800,000 to $880,000 According to RP Data 10.2% of residents in Vermont South are currently renting. The median rent price per week is $465 This three bedroom property at 8 Shearers Court is offering a renting price of $460 per week Andrew Wilson, senior economist for the Domain Group, believes outer east Melbourne offers strong potential growth “The whole outer eastern belt of Melbourne is a strong growth region. It’s been Melbourne’s strongest growth region for last two years with 12.7% growth rate which is equal highest with inner east prices,” Wilson said “Vermont South goes under the radar compared to other suburbs such as Blackburn.” But he says Vermont South is still not cheap “The outer east has had Asian buyers in Mount Waverly and Glen Waverley which has helped push prices up”  We're on a mission to radically improve the quality of Urban communities being developed across Australia We aim to showcase every development in Australia to help you find the perfect new home A sprawling Vermont South estate with a mysterious heritage has hit the market Rumours and legends about the clinker brick house had resurfaced during open for inspections and chats with former owners The Vermont South property is at 103-105 Terrara Rd Sprawling gardens surround the clinker brick “A previous owner told me that Tanglewood was an original homestead in the area and when it was torn down somebody took the bricks and slate and repurposed it into the home we have today,” Mr Allsop said “It’s believed to have been put back together in the 1950s and there is definitely some historic value to the home.” Research by the Whitehorse Historical Society using the book This is Vermont by Tim Shambrook showed original homesteads were built in Vermont South between 1836 and 1860 Tanglewood has been immaculately maintained inside The society was unable to track down when the original Tanglewood residence was built Previous owners of the grand home added personal touches to the property “The second building was first designed as a billiard room but previous owners were world champion dancers who used it as a ballroom,” Mr Allsop said The bricks were repurposed from the original homestead Owners also believe the charming pendant light fittings across many rooms were repurposed from a theatre in Melbourne swimming pool and sprawling gardens with trees over 100 years old also surround the clinker brick Pendant light fittings were taken from a theatre in Melbourne Mr Allsop said the home’s grand appearance and mysterious heritage had attracted attention from local residents during its campaign “We’ve had a lot of people come through that have always wondered what’s on the other side of the fence,” he said The property has a price guide of $3.3-$3.5 million “One lady who lives in Mitcham has shown interest and said she’s always known about the property’s historical significance.” CoreLogic data shows the five-bedroom home last sold for $2.4 million in 2014 and expressions of interest close on December 17 A newly-renovated Coles supermarket is expected to appeal to investors including those interested in the store and wider site’s future potential Coles completed a major store refurbishment at Melbourne’s Coles Vermont South in August, which included expanding its click and collect facilities for customers picking up online orders. The full-line Coles supermarket has been part of the Vermont South Shopping Centre, in Melbourne’s eastern suburbs, for more than 40 years. Stonebridge Property Group’s Justin Dowers and Kevin Tong said the supermarket is a top performer that has further upside potential after the renovations. “Coles Vermont South performs exceptionally well due to its commanding location and convenience,” said Mr Dowers, a Stonebridge national partner. “This has recently been further enhanced by a major store refurbishment undertaken by Coles.” The newly-refurbished Coles supermarket has been part of the Vermont South Shopping Centre for more than 40 years. Picture: realcommercial.com.au/for-sale There is a long lease to Coles that runs until 2029 plus a 10-year option, with the lease terms including a ‘percentage rent’ threshold where the tenant pays a percentage of its turnover to the landlord. The agents said the 4216sqm Coles has consistently traded in excess of the percentage rent threshold, providing excellent income growth prospects. “Based on the store’s outstanding performance, the supermarket is substantially under rented which can create a value event in the future,” Mr Dowers said. “With the supermarket already trading in percentage rent, we anticipate there will be substantial trading performance growth and subsequent rental growth following the recent store refurbishment.” According to the listing, the supermarket has an estimated net operating income of $871,000 per year. Investors have been targeting assets tenanted by essential and non-discretionary retailers which have proven to be ‘pandemic proof’. Assets with ASX-listed tenants and long lease terms are also highly sought-after as buyers look for defensive assets in the current economic climate. Coles Vermont South shares 756 ground level car spaces at the shopping centre, which sits on a 3.8ha commercial 1 zoned landholding with frontage to the busy Burwood Highway. Mr Dowers and Mr Tong said the strong location fundamentals create an opportunity for an astute buyer to acquire the remaining lots in the future and potentially redevelop the site into a significant mixed-use development, subject to council approval. “Buyers will be attracted to the strong performance of the Coles supermarket, as on most occasions on site the car park is quite full,” Mr Tong said. “However, over the long term there may be an opportunity to consolidate the site and ultimately control 3.8ha with significant development potential.” Investors have been targeting assets tenanted by essential retailers, which have proven to be ‘pandemic proof’. Picture: realcommercial.com.au/for-sale Mr Tong, Stonebridge’s Asia practice partner, expects the Coles will attract strong interest from Asian investors. “Coles Vermont South is in the heart of Melbourne’s inner south-east, which is heavily influenced by residents of Asian heritage,” Mr Tong said. “Based on our experience in transacting similar assets including Woolworths Burwood East and Burwood One Shopping Centre, we anticipate strong bidding from the Asian investor profile.” including those interested in the store and wider site’s future potential Coles completed a major store refurbishment at Melbourne’s Coles Vermont South in August which included expanding its click and collect facilities for customers picking up online orders The full-line Coles supermarket has been part of the Vermont South Shopping Centre Stonebridge Property Group’s Justin Dowers and Kevin Tong said the supermarket is a top performer that has further upside potential after the renovations “Coles Vermont South performs exceptionally well due to its commanding location and convenience,” said Mr Dowers “This has recently been further enhanced by a major store refurbishment undertaken by Coles.” The newly-refurbished Coles supermarket has been part of the Vermont South Shopping Centre for more than 40 years There is a long lease to Coles that runs until 2029 plus a 10-year option with the lease terms including a ‘percentage rent’ threshold where the tenant pays a percentage of its turnover to the landlord The agents said the 4216sqm Coles has consistently traded in excess of the percentage rent threshold providing excellent income growth prospects “Based on the store’s outstanding performance the supermarket is substantially under rented which can create a value event in the future,” Mr Dowers said “With the supermarket already trading in percentage rent we anticipate there will be substantial trading performance growth and subsequent rental growth following the recent store refurbishment.” the supermarket has an estimated net operating income of $871,000 per year Investors have been targeting assets tenanted by essential and non-discretionary retailers which have proven to be ‘pandemic proof’ Assets with ASX-listed tenants and long lease terms are also highly sought-after as buyers look for defensive assets in the current economic climate Coles Vermont South shares 756 ground level car spaces at the shopping centre which sits on a 3.8ha commercial 1 zoned landholding with frontage to the busy Burwood Highway Mr Dowers and Mr Tong said the strong location fundamentals create an opportunity for an astute buyer to acquire the remaining lots in the future and potentially redevelop the site into a significant mixed-use development “Buyers will be attracted to the strong performance of the Coles supermarket as on most occasions on site the car park is quite full,” Mr Tong said over the long term there may be an opportunity to consolidate the site and ultimately control 3.8ha with significant development potential.” Investors have been targeting assets tenanted by essential retailers which have proven to be ‘pandemic proof’ expects the Coles will attract strong interest from Asian investors “Coles Vermont South is in the heart of Melbourne’s inner south-east which is heavily influenced by residents of Asian heritage,” Mr Tong said “Based on our experience in transacting similar assets including Woolworths Burwood East and Burwood One Shopping Centre we anticipate strong bidding from the Asian investor profile.” Miles Shackley and Hayley Jones bought a home on the real-life Ramsay St A Neighbours mega-fan has bought her dream home on Ramsay St UK-born Hayley Jones and partner Miles Shackley splashed out for the on-screen house of Dr Karl and Susan Kennedy played by Alan Fletcher and Jackie Woodburne The humble brick home at 5 Pin Oak Court RELATED: Karl and Susan Kennedy’s home on Neighbours for sale Jason Donovan’s old Toorak mansion a far cry from Ramsay St Vermont South auction result shows surging market conditions otherwise known as Dr Karl Kennedy and wife Susan It was a result more than $250,000 above the top end of the price guide and the first house to sell for seven figures on the court Ms Jones said she was living her dream by moving into a house that was aired across the world on her favourite show “I do regularly check for listings and when my friend told me this was for sale I said ‘I think this is the one’,” Ms Jones said “I still remember watching the show’s first ever episode in the UK and I can’t believe it.” Auctioneer Dexter Prack said the house was a rare opportunity Mr Shackley said they jumped at the chance to buy a piece of television history because houses on the street “don’t come up for sale very often” National Property Buyer’s advocate Antony Bucello represented the couple at the auction which went back-and-forth with one other party “It was certainly nerve-racking for my clients “I’m not surprised this drew such a big crowd … they’re pretty tightly held here and it’s a good house.” There was no sign of UK-expat Andrew Whitney a millionaire fan who had already bought two properties on the cul-de-sac It was the first Neighbours house to sell for seven-figures He previously told the Herald Sun that he was interested in the four-bedroom house but has most famously been home to the Kennedy’s since 1995 who remained extremely private during the sale bought the property for $68,000 in 1978 according to CoreLogic Harcourts Judd White director Dexter Prack said they were rapt by the windfall and planned to downsize New owners Miles Shackley and Hayley Jones He said there were some extra perks to living on the “landmark” street including a full-time security guard and an undisclosed amount of money paid by Fremantle Media to homeowners each year with a contemporary stone kitchen and elevated deck at the rear part of the package It’s the first property to sell on the real-life Ramsay St since 2013 READ MORE: Brighton bathing box: ‘tyre kicker’ splashes six figures 25 years on Lindsay Gilbee: retired Bulldog signs deal for Box Hill South home Melbourne 2019 celebrity home sales include Dannii Minogue, Bruce McAvaney has been home to some of the soap’s most beloved characters the property is for sale through Docking Real Estate where the facades of six homes featured on the long-running show until it was axed two months ago Neighbours had screened for 37 years and had viewers in more than 60 countries Docking Real Estate Director Adam Docking said about 100 people had inspected the property since it launched “The Neighbours thing has been a talking point “It’s always nice to purchase a home that’s famous in some way but it’s just the facade The interiors of the property don’t match the Neighbours set.” Features include two light-filled living areas elevated pergola overlooking nearby Billabong Park as are two vintage bathrooms and leafy landscaped gardens “Tradies and tinkerers, like poster girl mechanic Charlene, will appreciate a large, semi-enclosed double carport with roller door, workshop and versatile laundry office,” the realestate.com.au listing reads “Arguably Australia’s suburban version of ‘Hollywood’ Pin Oak Court stands as a testament to the long running television show which launched the careers of Kylie Minogue Mr Docking said the home was taking a little while to sell given it had been a rental property for a number of years and some parts for the interior had not been as well kept as an owner-occupier home might be But he said the home was priced well and he was negotiating with interested buyers This comes as Whitehorse City Council this week voted against heritage listing the exteriors of the six houses in Pin Oak Court According to ABC News the councillors decision came despite a report finding the site’s “historic aesthetic and social significance” warranted a heritage overlay Whitehorse Mayor Tina Liu said the council recognised the significance of the streetscape but noted it was easily accessible in digital form She said a heritage listing would also be unfair on homeowners “We considered the potential long-lasting implications of such a heritage protection that will potentially go beyond just the front facade hence limiting homeowners’ ability to potentially refurbish or redevelop their homes for decades to come,” she said Mr Docking said not heritage listing the six properties was “the right thing to do” and now the restrictions that owners previously had regarding changing their facades due to filming of Neighbours “Now that contract has been lifted as well so if they wanted to knockdown and rebuild they can,” Mr Docking said “It has opened the property up to more buyers.” News Sitemap Toadie house from the hit television show Neighbours at 1 Pin Oak Court hit the market in April with a price guide of $1.3m-$1.43m The on-screen home of Toadie from Neighbours has set a new price record after it sold under the hammer on Saturday The four-bedroom renovated brick home at 1 Pin Oak Court, Vermont South — more commonly known as Ramsay Street to fans of the hit Australian television show — sold to family buyers for $1.6m — $170,000 beyond the top of the advertised range The previous street record was held by 5 Pin Oak Court, the home of Dr Karl and Susan Kennedy RELATED: Neighbours: Toadie’s old house to be auctioned online and on-site Ramsay St: Diehard Neighbours fan buys slice of TV history Australia’s breakfast television presenters living the dream on Sydney’s property market Vendor Lorraine Rushton celebrates the sale of her house at 1 Pin Oak Court A crowd gathers to watch Toadie’s home go under the hammer The home was on the market for the first time in 30 years Modern updates had been made to the kitchen Barry Plant agent Carolyn Barton told the Sunday Herald Sun prior to the auction the famous home had attracted a lot of local interest It also racked up views from buyers and fans of the show living overseas Slow early bidding on the day prompted a vendor bid of $1.3m before competition from three bidders pushed the price up to $1.46m and the home was declared on the market at $1.505m Ms Barton said not everyone who inspected the home was aware of its star-studded roots But she said their ears pricked up when they discovered the revenue potential paid by producers whenever filming took place in the street Ms Rushton is an avid fan of the hit Australian television soap The home eclipsed the previous price record for the street which was set by the sale of Dr Karl and Susan Kennedy’s home when it sold in 2019 “There’s been a real cross section of people looking at it and it is because it’s a really lovely home,” Ms Barton said “You’ve got the return from the tenants living there (if you lease it) listed the home after owning it for 30 years Before the auction she said her decision to give up the property to move to the Mornington Peninsula was a “really emotional” one Former AFL footballer Dayne Beams also offloaded his Kew family home on the weekend A family snapped up the modern Victorian-style residence for $1.75m said she started watching the show to get an idea of “what Australia was like” before making the move the Kew home of Collingwood premiership player Dayne Beams sold for $1.75m The renovated pad was listed with a price guide of $1.51m-$1.66m Beams retired from the game after taking time out in 2019 to look after his mental health Beams played 110 games for the Pies before moving to Brisbane where he played 58 games He returned to Collingwood in 2018 and announced he would take an indefinite break from football to care for his mental health in 2019 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: Cape Schanck: suburb’s luxury homes set to rival Portsea Alan Griffiths: ex-Labor minister lists retreat in Noosa hinterland Chevron Apartments: pad inside former hotel and nightclub for sale rebecca.dinuzzo@news.com.au