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1.Market Observations, 8.Was Sticky

24 Mar 2016 (AFR) – Winter playground Mt Buller glides back

(24 March 2016, AFR, p75, by Jordan McMullen)

‘Ski-field real estate in the Victorian resort of Mt Buller is experiencing signs of improvement, five years after developer Morry Schwartz flooded the market with 77 apartments listed with no reserve. But natural demand was bouncing back since Mr Schwartz sold all his developments in the Falls Creek and surrounding areas in a day, Opteon Property Group director David McKenzie said. ‘

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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