News

We Are Open For Business

27 March, 2020

Our land sales offices, townhouse display suites and real estate office are operating by appointment only. Our team will continue to support sales enquires, purchaser and resident enquiries.

Read more

Red23’s COVID-19 Corporate Announcement

27 March, 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.

Read more

Update on Terry Portelli’s 'Doing Good Reward’s' Ride

27 March, 2020

In April, Red23’s Managing Director Terry Portelli, was set to participate in Hands Across the Water's corporate fundraising initiative ‘Doing Good Rewards Ride.’ This was to be a 500km bike ride...

Read more

Market Volatility Causes Unscheduled Rate Cut

20 March, 2020

During an unscheduled meeting on Thursday 19 March, The Reserve Bank Of Australia created an unprecedented comprehensive package to support the Australian economy through the challenging period of the Coronavirus.

Read more

Red23: January 2020 Land Report

17 March, 2020

Red23 recorded over 7,500 land sales in 2019 across Melbourne and Greater Geelong’s 8 growth area municipalities. Sales have tumbled since its peak in 2017 of over 21,000, a dip of approximately 66% in...

Read more

Cash Rate at record low

04 March, 2020

On Tuesday 3 March, The Reserve Bank Of Australia decided to lower the official cash rate by 25 basis points to 0.50 per cent.  This has been a direct action...

Read more

Melbourne and Geelong’s 2020 new homes market

03 March, 2020

Terry Portelli, Managing Director of Red23, is expecting a steady recovery for Melbourne’s new homes market during 2020, but is wary of influencing factors yet to play out.

Read more

Giving Kids A Life Of Choice One Pedal At A Time

19 February, 2020

Red23’s Terry Portelli gears up to ride 500km over 5 days to raise funds for Hands Across the Water

Read more

Developer Deposit Assist at The Millstone

19 February, 2020

For a limited time, purchase land and build a new home at The Millstone in Thornhill Park and  developer CFMG will pay your builder 50% of their required deposit. 

Read more

Marc Raiti joins Red23

29 January, 2020

Managing Director Terry Portelli and the Executive team are pleased to announce that Marc Raiti has joined Red23 as Acquisitions Manager.

Read more

1 2 3 4 5

Subscribe to our newsletter