October 2023 Newsletter


Spring is well and truly here! Although, this week it doesn't really feel like it. Hopefully, the weather improves again but we were certainly very lucky during Grand Final week. It pains me to say it, but congratulations to Collingwood and their fans. Whilst it wasn't the result we wanted against Brisbane, we're very proud of the Blues. It was an amazing turnaround and hopefully they can win it next year!
It's always strange at the end of the footy season though, will need to find new activities for the weekend. Luckily, there's plenty happening in Melbourne, some of which you can read about below. 
There is also plenty happening around the world too. We feel for all of those impacted by the conflict in Israel/Palestine, where it has intensified dramatically this week. We send our thoughts and love to anyone who has family or connections that might be struggling. The economic issues globally continue to intrigue everyone. Closer to home, we also have The Voice referendum this weekend, which has become an incredibly divisive topic. 
Interest rates remained unchanged this month, in Michelle Bullock's first month in charge of the RBA. I'm sure that's a relief to many as we have petrol prices getting to over $2 per litre! It will be very interesting to watch what unfolds as we head into the Christmas trading period which is normally the busiest time of year for retailers. 
There's lots happening and if you have any ideas or thoughts about what you would like us to cover, please let us know.
Carmela and The Neighbourhood team!

We strive to stay up to date on the latest market trends. Here are a few articles we think are worth reading.

  • Expect more pain in stocks and commercial real estate (
    Over to commercial markets and the story is generally quite different at the moment. There is no shortage of stories about office buildings having their valuations dropped. Chris Joye (one of our favs) outlines why he anticipates more pain in the sector in this article.

What's new in your neighbourhood? These are a few recent updates that are happening in some of our local communities.

  • The Melbourne Fringe Festival is currently running until 22nd October. Always great to find some creative inspiration: What's On | Melbourne Fringe

Here are a few things that members of our team have stumbled across over the month. Whether thought-provoking, interesting or entertaining, we want to share them with you.

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The Neighbourhood

We believe that everyone deserves to love where they live.