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Old western suburbs have them. Eg Kensington, Flemington?

Well there could be many reasons. The new apartments could be overpriced right from the outset and more of a cut is going to subdividers and developers. This could reflect change in industry practice. Also low-rise means that the occupants per sqm is lower. This could be a redeeming...

They keep building new flats and apartments in that area. Just driving down the 7-Eleven corner the other day I was reminded of another 2 reasonable larger developments that some acquitances (not friends) are involved in. A close real estate agent friend of mine who works in that area was...