Construction of yet another high rise apartment building in Southbank. I guess the only good thing about it is that at least it providing work for construction workers.
Domain Group senior economist Andrew Wilson said the CBD market was starting to see the first significant signs of an oversupplied rental market after recent high levels of new apartment construction. Supply is now galloping ahead of demand...
This post is part of the Outdoor Wednesday meme,
and also part of the Wordless Wednesday meme,
and also part of the ABC Wednesday meme.