Melbourne developer snaps up regional sites with plans for 2000 homes
Larry SchlesingerReporter
Melbourne-based developer Jinding is hoping to leverage off rising demand and an undersupply of housing in regional areas after snapping up three sites in Victoria and one at Mount Barker on the outskirts of Adelaide for about $70 million.
These four projects are expected to yield almost 2000 housing lots with an end value of nearly $700 million.
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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com
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