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Apartments by the beach and city star on the Melbourne market

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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...

How South-Miami Dade has transformed after Hurricane Andrew

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Along Florida's Turnpike in South Miami -Dade, where potato farms and fields of row crops stretched all the way to the visible horizon at the time when Hurricane Andrew struck , it’s virtually all rows of close-packed houses and townhomes today. Now the unavoidable noise walls are going up to forever block vistas once among the most beguiling in South Florida. Along South Dixie Highway , where scraggly lots, small farm fields and vegetable- and fruit-packing houses once mixed it up with used-car lots and budget motels, the landscape is a cornucopia of strip malls, Publix and Wal-Mart stores and fast- food chain restaurants . And everywhere there is traffic, backed up one way in the morning, when three-quarters of all employed adults in South Miami - Dade head north to downtown Miami , Coral Gables or even Doral to work, and the other way when they drive back home in the evening. Lightning struck as thunderstorms swept through the ruins of Homestead in the days after Hurricane...