Blog

  1. Inspirational interiors

      We're blown away by these amazing interiors collaborated by The Real Estate Conversation, they remind us of a certain Malvern property we've currently got on the market! Abstract House by Matt Gibson Architecture + Design Beach Ave by Schulberg Demkiw Architects Lake Wendouree Residence by John Wardle Architects Jersey Road by Smart Design Studio Local…
  2. Royal Adelaide Hospital to be the third most costly building in THE WORLD!

    The Royal Adelaide Hospital is one of the most expensive buildings in world history. The hospital, which will cost $2.1 billion upon its completion in 2016, has been announced the third most costly building in the world after One World Trade Centre in New York ($3.9 billion in 2014) and Palace of the Parliament in Bucharest ($3…
  3. Why China’s wealthiest individuals now purchase Australian real estate.

    The Real Estate Conversation - Grainne Gilmore Pictured: 18 Cawkwell Street, Malvern (Click for more info) Global real estate firm Knight Frank has been tracking the spending habits of the world’s wealthiest people through its annual Wealth Report for the past nine years, focusing on the property markets. We spoke to Grainne Gilmore, Head of…
  4. Tom Cruise’s $59m (USD) property up for sale!

    It sounds like a mission impossible: finding a buyer for a property listed at almost $80 million. A job like this surely needs a top gun of an agent, or perhaps a few good men. The Colorado estate was built in 1994 and comes with seven bedrooms, nine bathrooms and is priced at US$59 million…
  5. Reserve Bank keeps interest rates on hold at 2.25 per cent

    Pictured: 18 Cawkwell St, Malvern (click for more) The Reserve Bank has resisted pressure to cut the official interest rate again, though the decision has done nothing to dampen expectations that another cut is around the corner. Having surprised most economists last month by reducing the cash rate to 2.25 per cent, the RBA this…
  6. St Kilda’s Prince of Wales Hotel Goes To Overseas Investors For $45m

    The Prince of Wales Hotel in St Kilda has officially been sold to Chinese buyers for a believed price of $45 million. The buyers, Pub Li City Pty Ltd, have bought the well-known live-music venue in the heart of St Kilda, which was marketed by CBRE as having a planning permit for 66 luxury apartments. Despite the planning permit,…
  7. Potential 15% Property Price Spike

    Pictured: 4004/100 Harbour Esplanade, Docklands (click for more information) Residential property prices could spike by 15% if the Reserve Bank of Australia is forced to cut rates to below 1.25 per cent in response to falling oil prices impacting the US economy, a prominent economist has warned. Matthew Peter, Queensland Investment Corporation’s chief economist says…
  8. Announcing Scott Banks Melbourne Office!

    We are very excited to announce the opening of our CBD office at Level 3/145 Flinders Lane Melbourne. If you have any real estate you’d like some help with in the city and surrounds we’d be delighted to help out! Athol Hodgetts - 0412 342 965 Tom Ward - 0414 518 788
  9. Victoria’s top 10 prestigious homes in 2014

        1. 18-20 Shakespeare Grove, Hawthorn   2. 3 Towers Road, Toorak 3. 12 Lansell Road, Toorak 4. 5 Illawarra Crescent, Toorak   5. 69 St Vincent Place, Albert Park   6. 51-55 New Street, Brighton 7. 19 Monomeath Avenue, Canterbury 8. 23 Montalto Avenue, Toorak 9. 38 Dawson Avenue, Brighton 10. 17 Chastleton Avenue, Toorak   Source: First Valuation Group
  10. $100m record set for New York’s most expensive penthouse sale!

    An undisclosed buyer has paid $100.5 million ($A122.15 million) for a New York duplex penthouse, shattering the $88 million ($A107.36 million) record set in 2012. The buyer bought unit 90 in the One57 building, a 306-metre tall tower, overlooking Central Park. The luxury apartment, purchase two days before Christmas, spans over the top two levels. Developers Extell…