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Back to the original Q - will this much development effect the apartment market badly or is this just normal growth? Will an apartment in a smaller block be somewhat immune to any negative effects? Weird thing is - some sites/people say the current vacancy rate in Collingwood is .7% and others...

I'm glad someone said that - thanks Brucory! I quite like Collingwood too - yes there is a more grungy feel than Brunswick St, but it is definitely moving forward. Hey - I only just noticed your first response to my post - i missed that this morning. Will PM you now!

Maybe these developments will change that! I believe the big dev't on Smith St will include a cinema and new shops along with apartments. There are some great shops and restaurants along there - I really think the seedy reputation is changing. Check out any of the cafes at breakfast time -...

Hi, I am looking for opinions on the current Collingwood\Fitzroy apartment market. We keep hearing that Collingwood has a .7% vacancy rate and that you can't go wrong buying in the area, but with all these new high-rise devt's coming soon how much impact will this have on the market? I have...