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Web based lender loans.com.au has again been named as the nation’s bargain basement home loan financier.
For the second consecutive year the market leader for online lending has claimed the title as Australia’s Cheapest Home Loan according to Mozo’s People’s Choice Awards 2014.
This year 25,000 clients ranked more than 200 home loan providers for the Mozo's People’s Choice Awards, and loans.com.au scored 9.2 out of 10.
The lender’s Dream Home Loan has a variable interest rate of 4.54% per annum and a 4.56% per annum comparison rate. There is no application, monthly, establishment or ongoing fees plus a full mortgage offset facility.
The Dream Home Loan product has a five star rating for outstanding value by Canstar.
Mortgage originator Firstmac funds loans.com.au. Managing director Kim Cannon says the award was validation of loans.com.au’s streamlined online lending model.
“This People’s Choice Award confirms for us that we were right to rely on the online model we built to keep costs down,” he says.
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andreadixon-oif3j7eKne

The country's cheapest loans

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Work has started on a master planned residential community at Elderslie in Sydney’s south-western rural outskirts.
The 24-hectare Argyle project, which is near Camden, is a collaboration between land developer AVJennings and Investa Land.
Argyle will have 500 lots and is expected to house 1,500 people. The development is close to shopping areas, established schools and public transport. It is aimed at first and second home buyers.
According to RP Data, the median house price for Elderslie is $335,000. It has remained the same for several years.
The project will significantly boost the population of the area, which was at 2,647 people in 2006. 
As part of the Argyle development the Oxley Rivulet will be restored and more than 3.5 hectares will be open space. 
 
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Argyle, Elderslie master planned community underway

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The well-known Sunshine Coast Humzy family hopes to sell its major resort and land property near Maroochydore for about $10 million.
The Maroochy Waterfront Resort at Diddillibah has a popular 64-room motel set beside a natural forest reserve and lagoon. 
There are 20 holiday cottages, 23 relocatable homes, a freehold lagoon and 33 hectares of land with has development approval for residential development and integrated tourism.
Allen Humzy built the resort in the early 1980s for budget holidays and his son Phil currently runs the resort.
The resort attracts families, sporting groups and school camps and offers an income producing business to operate while developing the residential land.
Agent Andrew Jackson from CBRE is calling for offers in collaboration with Rob from Elite Lifestyle Properties and Peter Ward of Ward Commercial.
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Diddillibah, Sunshine Coast motel offering

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Adelaide's most affordable property to sell at auction on the weekend was in Seacliff Park, southwest of Adelaide.
According to figures from Australian Property Monitors, a 1960s-built flat-roof three-bedroom house at <a href="https://www.realestate.com.au/property-house-sa-seacliff+park-117893367" target="_blank">34 Thomas Street</a> sold for $335,000.
It was marketed as a knock down with potential sea views through Phil McMahon Real Estate Glenelg. 
The top price paid for a house in Thomas Street is $535,000 for a 1970s-built thee bedroom brick home was paid in 2010.
According to RP Data the median sale price for a house in Seacliff Park was $550,000 in August this year while median increase over five years is nearly 9%.
Houses in the area lease for a median rent of $370 a week.
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Adelaide's cheapest at Seacliff Park

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Brisbane’s least expensive residence to sell at weekend auction was a house in Redbank Plains, near Ipswich on Brisbane’s outer ring suburbs.
Australian Property Monitors reported that the three-bedroom 1970s-built home at <a href="https://www.realestate.com.au/property-house-qld-redbank+plains-117852659" target="_blank">42 Flinders Street</a> exchanged for $230,000 through the Professionals Thornton.
The solar powered house on 967 square metres of land last sold in 2005 for $190,000.
The median sale price for a house in Redbank Plains was at $309,000 in early 2014, up from $275,000 in early in 2012. 
Between 2012/13 the median growth in the suburb was 3.4%
RP Data shows the median weekly rental is $320.
Other recent house sales in Flinders Street included a three-bedroom house, which sold in July for $282,000. In May another house sold for $275,000 while in February a house sold for $235,000, which was last rented for $270 a week - the continual figure since 2008 despite new leases - reflecting a yield of nearly 6% for an investor.
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Brisbane's cheapest at Redbank Plains with $230,000 weekend sale

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Melbourne’s least expensive property to sell at auction on the weekend was a small unit in Gladstone Park, northwest of the CBD.
The one-bedroom 60 square metre unit in the single level row of dwellings was at <a href="https://www.realestate.com.au/property-house-vic-gladstone+park-117829227" target="_blank">20/16 South Circular Road</a>. It was offered to buyers all ages but with a covenant that only 55+ year olds can occupy/rent the unit.
It sold for $190,000 through Jason Real Estate Tullamarine, according to APM, at a $10,000 increase over the past six years, reflecting 0.88% annual growth.
There were $225,000 hopes when the brick unit was listed in early 2014.
The unit last traded in 2008 for $180,000 and before that in 1994 for $77,000. 
Last year another two units sold in the row, each for $205,000. 
The highest price paid for a one-bedroom unit in residential retirement complex is $227,500 in 2012.
The recent asking rental for the block are around $230 a week.
According to RP Data, the median unit price in Gladstone Park is $210,000.
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Gladstone Park's ordinary 0.88% price growth in Melbourne's cheapest weekend auction

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More than 130 years after Queensland’s notorious Boggo Road gaol opened, it is set to morph in a $300 million inner-city village.
The best-preserved heritage-listed Annerley cellblock that opened in 1901 is likely to be converted into a museum while the original prison courtyard will be a park. In two areas beside the former goal 500 one, two and three bedroom apartments will be built.
A food market and bars will be between the Queensland Government’s EcoScience building and the prison. Callie Malouf Investments, which is behind New Farm’s James Street markets, has already secured operating rights to the market.
The first apartments to be released will be on Peter Doherty Street, off Annerley Road with prices starting from $379,000.
According to RP Data the median price for units on Annerley Road is $421,000.
Leighton Holdings will develop the sustainable village project with owner the Department of Housing and Public Works
Gavin Tonnet, Leighton Properties national head of residential, recognises the extraordinary nature of the property.
“The Boggo Road Gaol is a unique public asset, but experienced by very few. Through interpretive planning and sensitive design, the proposal seeks to retain the aesthetic and social significance of the area and transform it into a public place that incorporates educational opportunities, tours and a museum,” he says.  
The National Trust, Boggo Road Gaol Tours and the Boggo Road Gaol Historical Society have all worked in consultation with Leighton and the government.
 
 
 
 
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Boggo Road gaol set for village conversion

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Aria Property Group has paid $10 million to consolidate a Woolloongabba site to develop a residential project.
Brisbane City Council sold a 4,403 square metre block at 17 Gibbon Street while the Nazareth Lutheran Church of South Brisbane sold the second 2,667 square metre block, which also fronts Hubert Street, off the market through Colliers International. 
Developer Tim Forrester’s Aria Property Group is behind the Urban Development Institute of Australia 2013 award-winning Vine building in South Brisbane and has a raft of stylish refurbishments and buildings to its name including Coco Bliss in Mooloolaba and The Cliffs at Kangaroo Point.
Aria plans to develop an integrated residential project with four individually designed buildings on the large Woolloongabba site.
Brent Liddell, Aria’s manager of residential development projects, says Woollongaba is an exciting area for land redevelopment.
“With the nearby Logan Road restaurant and antique precinct, the up and coming B.a.T. [Bus and Train] tunnel and its proposed station across the road, we think the area is ripe for a quality mixed use development.
“Our plans for the 7,100 square metre site are to develop four distinctly different medium rise residential buildings. We want to give them their own identity architecturally and separate them into their own body corporates,’’ says Liddell. 
 
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Aria consolidates Woolloongabba site

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A retail unit in Doncaster East has sold for $860,000, reflecting an increase in value of more than 100% in four years.
Shop 10 in the Devon Plaza strip shops at 958 Doncaster Road last traded four years ago for $400,000, according to RP Data.
The sale, which was conducted by Chris Alcock of Gorman Kelly, was also 31% more than it was expected to achieve at auction.
The single storey 49.5 square metre retail freehold is zoned Commercial 1 and currently leased to Canine Elegance.
The tenant has a new three-year lease with a three-year option that began in August this year for a yearly rent of $31,200, plus GST and outgoings. 
The lease includes 5% annual rent increases with a market review if the option is exercised. The lease agreement reflects a yield of 3.6% for the new owners, while the previous landlord was banking 7.8%.
Agent Chris Alcock says the sale reflects how hotly contended affordable commercial investments area among small investors and self managed super funds.
 
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Doncaster retail sells at $860,000

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Seemingly focussed on the old proverb "the more the merrier", Harry Triguboff’s Meriton group has a record eight cranes on its mega inner Sydney development site Mascot Central.
Given that the number of cranes to dot a skyline has long been an economic barometer, it seems that Sydney is abundantly healthy.
The crane craze is a result of Meriton’s decision to develop the master planned project as a single venture rather than over stages. 
It will have 1000 apartments, 255 serviced apartments, a 3,200 square metre Woolworths and 16 other retailers. There will also be a lap pool, kids pool, a gymnasium and childcare centre.
 
<img src="/images/2014/10/1/Mascot-Central-1.jpg" alt="">
Above: An artist's impression of Meriton's Mascot Central. 
Harry Triguboff said: "We can build all at once here because 60% of the site we will sell; 20% will be serviced apartments; and 20% will be leased residential." 
"So we don’t have to find so many buyers at once. We will not depress the market. To do all this, we put up four tower cranes and when necessary, we also have mobile cranes,” said Triguboff.
The site was purchased last year for $100 million from the Goodman Group.
The company was responsible for 0.03% of the nation’s GDP in 2013.
Picture supplied. 
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Eight cranes for Meriton's Mascot Central

Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Andrea Dixon

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