News

Covid-19: HomeBuilder Scheme & Titled Lots

20 July, 2020

The announcement of the HomeBuilders Scheme brought forward the purchasing timeframe for home buyers looking to build before the end of the 2020.  Red23 saw high demand for Titled and near Titled land within our projects...

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Red23’s COVID-19 Corporate Announcement

13 July, 2020

Firstly, our thoughts are with those who are directly impacted by the Coronavirus (COVID-19) and the brave and committed professionals and carers who are at the frontline of this epidemic.

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Covid-19: June Market Review

01 July, 2020

Since Covid-19 restrictions were implemented in mid-March, there has been continued speculation and commentary regarding the performance of the new house and land market within metropolitan Melbourne and Greater Geelong.In this article, we review market...

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The Riverwalk Sales Office Has Moved

29 June, 2020

Due to the closure of the Melbourne Water Discovery Centre, the Riverwalk Sales and Information Centre has been temporarily relocated to the Corner of Assembly Street and Exploration Avenue until...

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David Morgan joins Red23

31 May, 2020

Managing Director Terry Portelli and the Executive team are pleased to announce that David Morgan has joined Red23 as Development and Project Management Director.

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Cash Rate Remains On Hold At 0.25%.

05 May, 2020

The RBA has decided to leave official interest rates on hold at 0.25% . Albeit the current economic downturns, infection rates are reduced and if this remains, the recovery in...

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Caution Of New Build Pricing During Uncertain Times

08 April, 2020

Our February Land Market Report detailed the market recovery after bottoming out in June / July 2019.  Here, we compare the median house and land package prices to the median...

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Cash Rate Unchanged

08 April, 2020

At the Reserve Bank of Australia’s monthly meeting on 7 April 2020, the Coronavirus health issue was discussed and its significant impact on economies and financial systems around the world.

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Watermark, Armstrong Creek Shape Homes

08 April, 2020

Watermark has launched a brand-new townhome precinct, in collaboration with Shape Homes. It will consist of 26 full turn-key townhomes with quality inclusions including stone benchtops, downlights and front and...

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Sold | Riverwalk, Werribee

08 April, 2020

Red23 was appointed the selling agent for Lot Y at Riverwalk, Werribee. The site is 1.075-hectare in size and located within 200m of the existing Riverwalk Village Park.

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