Blog

  1. $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…
  2. Iconic Mentone Hotel has sold for a whopping $9 Million

    Momentum Melbourne Developments has acquired the iconic Mentone Hotel in south-east Melbourne for circa $9 million after a strongly contested sales campaign. Leawarra Falls operated the business up until six years ago, before reacquiring the business to be in a position to offer the freehold with vacant possession. Mr Callow said the 5,103 square metre site and…
  3. Interest rate cuts confirmed

    Pictured: 26 Cecil Street, Kew   ANZ has become the latest bank to predict that interest rate cuts are just around the corner. The Reserve Bank has left the official cash rate at a record-low 2.5 per cent since August 2013. However, ANZ chief economist Warren Hogan said that the bank now expected the next…
  4. Melbourne’s second giant slide

    In a strange turn of events, Melbourne is getting a second giant street slide. Well, that was unexpected. As the hype surrounding the news that Slide Melbourne plans to bring us the world’s biggest street slide continues to build, it has emerged that a second slide team, Slidestreet, is taking over Lansdowne Street on Saturday January 24…
  5. Australia’s most-viewed properties in 2014

        1. 'Kaylana', NSW 2. Norwood, SA   3. Hunters Hill, NSW 4. North Adelaide, SA 5. Richmond, VIC 6. Templestowe, VIC 7. The Orb House, Kew 8. Wheelers Hill, VIC 9. Cromer, NSW 10. Toorak, VIC 11. Unley Park, SA 12. Hawthorn, VIC 13. Toorak, VIC 14. Canterbury, VIC   Source: REA
  6. Happy New Year from the team at Scott Banks!

    Just a quick little note to say a huge thank you to all those we worked with in 2014, and send our best wishes out to everyone that 2015 is a prosperous year for all. At Scott Banks we really relish the relationships that we develop with everyone we come to work with, and look…
  7. JUST LISTED: Perfectly Positioned Modern Apartment

    304/200 Toorak Road, South Yarra (Click for more information and images)   This spacious 1 bedroom apartment in the heart of South Yarra is the perfect base for the daily work commute into the city or weekends where you will have the best of Melbourne at your fingertips. The property comes with a modern kitchen, open…
  8. JUST LISTED: Sun-drenched luxury living in ideal Windsor location

    301/27 The Avenue, Windsor (Click for more pictures) This stunning apartment in the building known as "Honey" on The Avenue is sleek and stylish. The apartment boasts 2 bedrooms, 2 bathrooms and 1 parking space. The windows are ideally positioned to allow in plenty of natural light in the living area. Relax out on the…
  9. Adventurous New Tower proposed for Spencer Street

    One of 2014's largest planning applications has had its turn before the Future Melbourne (Planning) Committee, with the associated report on the intended mixed-use tower raising a number of concerns. Championed by Singaporean tycoon Koh Wee Meng via his property development arm Fragrance Group, the tower seeks to stand at 284 metres above Spencer Street…
  10. 10 of the Most Amazing Buildings in the World!

      Dynamic Tower, Dubai   Tower Infinity, South Korea   Turning Torso, Sweden   Capital Gate, UAE   Kezmarska Hut   Greenland Tower, Chengdu     Longaberger Headquarters, USA   Habitat 67, Canada   The Ryugyong Hotel, North Korea   The Piano House, China     Source: The Urban Developer