blog.buysellrealestate.com.au

Sutherland Farrelly has sold a development site in Brunswick East, Victoria, at auction to a private investor. The property is located at 304-310 Lygon Street and was one of two Lygon Street properties auctioned on the same day.

The Raptis Group released the second tower of its Hilton Surfers Paradise Hotel and Residences development last Saturday, after fast tracking the launch to meet demand for the $700 million project.

The latest REIQ figures show that the Brookwater golf community had the best house price growth in 2007, with median house prices in the Ipswich suburb increasing 62% to $590,000 in the 12 months ending December 2007.