The 234 Apartment

2/22 Stephenson St in Spotswood is up for auction with a price guide of $500,000-$550,000. APARTMENTS by the beach and near the city have been star performers on Melbourne’s property market this year, new figures show. Albert Park apartments have outperformed all other suburbs and property types for value growth in the first half of the year, CoreLogic data reveals . Units in inner western Spotswood were also on the list of top performers , while houses in Kooyong and St Kilda West also notched impressive growth in median value. RELATED: Land sales hit record pace as population booms Top 10 growth suburbs. The CoreLogic data shows Albert Park and Spotswood median unit values grew 54 .5 per cent and 27.6 per cent, respectively, in the six months to June. Albert Park has a median unit value of $1,029,274 and Spotswood is $649,133. CoreLogic Victorian director Geoff White said while the growth in Albert Park was staggering, it reflected a change in buyer behaviour. He said owner-o...

We are looking back at what is now part of the “Entertainment District,” the 500 block of Third Street, so I will try to compare the then and now if I can as we take our walk on the east side which are the odd numbers. Starting at the corner which is now Wine on Third at 501 Third, which has taken over the next three individual store fronts at that address, we first find the McClure’s Drug Store owned by James McClure who lived in Lewiston with wife Janet. David Gleason, DDS occupied 503 Third and he and Lois lived at 808 Ashland Ave. In the same building was Joseph Puerner, MD who resided at 1235 Norwood Ave. with wife Annabelle. Next door at 505 Third we find Billings Mutual Insurance Agency and Remington Rand , Inc. William E. Billings, the manager, was well known for many years in the insurance business . Their advertising read: “Call Us Before You Need Us” which is very appropriate for this type of business. He and Thelma lived in LaSalle at 215 60th St. Remington Rand sold off...