Simon Johanson

Simon Johanson

Property Editor at The Age and BusinessDay journalist for Fairfax's,, and

Woolies sells in Toorak

Simon Johanson A freestanding Woolworths supermarket in Toorak has sold for more than $12 million on a near-record low yield below 3 per cent.

Sale of Bradmill site stalls

Simon Johanson One of Melbourne's largest inner-city land sales has become bogged down in negotiations, but the owner of the former Bradmill denim factory who stands to make a potential $120 million windfall...

Development looms at Queen Victoria market

The Munro family’s holdings are expected to fetch at least $60 million.

Simon Johanson The relentless rise of tall towers appears set to encroach on the doorstep of Melbourne's famed Queen Victoria Market.

Parking levy bites suburban tenants


Simon Johanson The flow of corporates leaving Melbourne’s suburbs to take up space in CBD offices may accelerate next year as the suburban car parking levy bites.

Docklands office on the market

The 11-storey property for sale in Docklands.

Simon Johanson Sydney-based private investment company Fitzpatrick Investments will divest a four-year-old office building in Docklands Drive.

Melbourne-based tech start-up to light up Silicon Valley

Lighting entrepreneurs Chris Duffield and Danny Bishop.

Simon Johanson A Melbourne-based tech start-up that is reshaping the lighting systems of commercial buildings will seek venture capital for expansion from California's famed Silicon Valley.

Mirvac forges entrance at Yarra's Edge

Simon Johanson Marina, Park, River and now Wharf's Entrance. The final precinct in Mirvac's Yarra Edge development will launch in October with the 228-unit Forge apartment building, 11 riverfront homes and seven...

Rents in popular retail strips too high

Simon Johanson Retail rents in some suburban shopping strips may need to drop by up to 50 per cent before struggling streets will return to their former glory, agents say.

Police to investigate plumbing auditor

Simon Johanson A plumbing industry auditor's $10 million contract with Victoria's building regulator has been terminated and the matter referred to police following audit irregularities.

Thousands affected by 'slab heave' report blunder

Simon Johanson A government authority ‘‘misstated’’ the findings of an investigation into slab heave which has left thousands of poorly-built homes in Melbourne’s outer suburbs with...

Big retailers squeeze suburban shopping strips

Bridge Road in Richmond this month recorded its highest vacancy level in 10 years.

Simon Johanson The arrival of a host of international retailers and opening of Melbourne’s swank new Emporium shopping centre has taken a heavy toll on traditional suburban retail strips, with vacancy rates...

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Tall towers loom over key Melbourne gateway

Shadow boxing: Architects say overshadowing will be

Simon Johanson Four large apartment towers up to 34 storeys tall will be built on a key Melbourne gateway on the Yarra River next to Spencer Street under ambitious plans lodged with the state government.

Land prices in outer suburbs at four-year lows


Simon Johanson Land prices in Melbourne’s city-fringe housing estates are at four-year lows and likely to stay that way as the state government ramps up new land releases, figures show.

Tender prices under control

Simon Johanson Tendering for projects remains competitive despite strong growth in private sector construction, quantity surveyors say.

Time limits on suing builders lifted

Simon Johanson Owners can now sue their builder up to 10 years after getting a certificate of occupancy rather than the six years they may have previously been limited to, an appeal court has ruled.

Victoria Uni to sell another city campus

Victoria University plans to sell and lease back its Flinders Lane building.

Simon Johanson Victoria University’s continuing divestment of property will see it offer another city campus building to the market.

Home builders battle 'misleading' customer reviews

Metricon's Monarch

Simon Johanson Australia’s largest home builder Metricon is suing a product review website for publishing ‘‘misleading’’ reviews about its main competitor without disclosing they were...

Door open on student housing over Melbourne Central

The new Emporium shopping complex has driven more foot traffic through Melbourne Central.

Simon Johanson Property giant GPT Group may develop rooftop student accomodation and a hotel above the Melbourne Central shopping centre as it explores ways to enhance its property portfolio.


Property peak sets tone for local council rates

One of the heavily discounted properties around Melbourne.

Simon Johanson Local councils will use a peak point in Melbourne’s property cycle to determine how much land owners must pay in rates over the next two years.


The many houses of Parliament: property-rich pollies 'have vested interest' in high prices

Barry O’Sullivan

Simon Johanson Australia’s political elite are among the country’s most enthusiastic property investors with records showing one freeholding National Party member owns 50 titles and another holds 17.