Tuesday, 17 January, 2023
Lilydale
Confirmation millions cut from sealing roads program
Stroke survivor welcomes miracle baby
Plans underway for Mt Evelyn Street Party’s return
Kilsyth’s new coffee cart initiative
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A Star News Group Publication
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Mural brings brightness A new mural at Maroondah Hospital has brightened up a staff courtyard in a total revamp of the space. Lilydale artist Brad Colling was the man behind the mural, saying he wanted to be a part of the project to offer his thanks to staff after all their hard work during the pandemic. With the only criteria being ‘colour’ Brad used Australian native birds and flowers to bring some cheer and happiness to the newly renovated area. While not accessible to the public, the mural looks just as good in photos. To read the full story, turn to page 8.
Maroondah Hospital staff Heidi Gregory, Nancy Li, Caitlin Osborne, Michael Chapman and Sukumar Navanathan are able to enjoy a new and bright mural Picture: ROB CAREW in the hospital courtyard. 315179
Prices plummet By Mikayla van Loon With house prices seeing a record decline around the country, Mooroolbark real estate agents are seeing similar trends occur on their doorstep as interest rates push prices down. The value of house prices has seen its largest decline on record in just nine months since peaking in May last year according to data re-
leased by CoreLogic on Monday 9 January. The Australia-wide figure indicated an -8.4 per cent drop between 7 May 2022 and 7 January 2023, with Victoria showing the third highest downturn of -8.6 per cent. This broke the previous record when home values fell -8.38 per cent between October 2017 and June 2019 countrywide.
Methven Professionals managing director Geoff Earney said within their group, figures show a five to seven per cent drop in house prices and a 10 to 12 per cent drop in unit prices with the most active prices leaning into the $600,000 to $800,000 range. While price drops are bringing buyers in, the interest rates are curbing sales, with Mr
Earney saying Professionals Real Estate sales have decreased by at least a third compared to the same time last year. That’s despite seeing between 250 and 390 prospective buyers on average at inspections each week from August to early December in 2022. Continued page 3
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