News

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...

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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...

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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.

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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

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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. 

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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.

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Happy Holidays

16 December, 2019

Terry and the team at Red23 would like to wish you a Happy Holiday and a Safe New Year.

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Buyers Camp For Halcyon Armstrong Creek’s First Release

04 December, 2019

Halcyon had its much anticipated land release on Saturday 26th October with 75% of lots sold within the first hour of opening.

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Everlea Townhomes Construction Commenced

04 December, 2019

Construction is underway at Everlea, Keysborough with townhouses to be completed in 2020.

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The Outlook Gleneagle

04 December, 2019

The Outlook Gleneagle is located 50 minutes from the hustle and bustle of Brisbane CBD and a 60 minute drive to the beautiful beaches of the Gold Coast and exciting...

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