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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.
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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.
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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...
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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.
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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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