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GUEST OBSERVER
Buyers priced out of Sydney’s property market are set to drive up real estate values in towns such as Bathurst, Wagga Wagga and Tamworth this spring. 
The much-hyped growth in Sydney’s median dwelling price – which has risen almost 16% in the last 12 months to $856,000 – is driving demand for property in some of NSW’s major regional cities.
Towns such as Bathurst, Wagga and Tamworth offer real estate prices that are significantly below the Sydney median, while rental returns above 5% compare favourably to those generated by properties in the capital city. 
These robust population and services hubs appeal to owner-occupiers and investors who are prepared to look further afield, because of quality schools and hospitals, employment, diverse economies, and a comfortable way of life.
Bathurst
Bathurst, 200 kilometres west of Sydney, combines rural, manufacturing and education industries. It has a median price of $343,750 for houses, and $295,000 for units.
"We are expecting a very strong spring market as a consequence of low stock levels, falling days on market and more demand for entry-level property,” said Matt Clifton, Director, Raine &amp; Horne Bathurst.
“First-time buyers purchasing homes up to $650,000 won’t pay any stamp duty and there are discounts for properties worth between $650,000 and $800,000.  
“If we get the stock, it will be a fantastic selling period for those who decide to move house in Bathurst.”
Tamworth
Bryan Bolitho, Principal Raine &amp; Horne Tamworth, says his agency has just listed a 5-acre property at Catherine Way at Moore Creek, Tamworth, in the high $900,000s that will appeal to retired farmers who don’t want to live in town. 
“At the entry-level end, it’s still possible to pay under $250,000 for a three-bedroom house such as 8 Fisher Road, Tamworth,” said Mr Bolitho. 
“Tamworth is the largest inland New South Wales city west of the Great Diving Range, located 40 minutes from Sydney and an hour from Brisbane by plane,” said Mr Bolitho. 
“We have two hospitals, some of the best schools and have almost doubled our water supply. The town is going gangbusters.” 
Wagga Wagga
Wagga Wagga is a central hub providing services to over 185,000 people in the Riverina, in NSW’s southwest.
With strong economic and population growth, its unemployment rate is consistently below state and national averages.
“Economic diversity is the key to the success of regional towns, and Wagga Wagga has this commodity in spades,” said Grant Harris, Director, Raine &amp; Horne Wagga Wagga.
“Government departments such as Centrelink are major employers, and the Australian Army base at Kapooka, the RAAF base at Forest Hill and Charles Sturt University.”
An unusually busy winter real estate market has led to a shortage of housing stock, with listings down 20% compared to spring 2016. 
“We are desperately looking for quality stock and it’s a great time to sell a property in Wagga right now,” said Mr Harris. 
The median house price in the 2650 postcode, which includes 16 suburbs of Wagga Wagga, is $300,000, with a median weekly rent of $340. Annual growth of 5-10% is possible, according to Mr Harris.
“Yields above 6% are common and Wagga’s transient population generally produces low vacancy rates. However, vacancy rates fluctuate depending on the season. They generally fall as the weather warms.” 
There is a lot of sight unseen buying with plenty of owner-occupiers selling up in Sydney and buying acreage that comes with a nice house, noted Mr Harris.
Angus Raine is executive chairman, <a href="https://www.raineandhorne.com.au/" target="_blank">Raine &amp; Horne</a>.
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Raine & Horne predicts a strong spring for NSW regional markets

<html><body><div class="page" title="Page 2">GUEST OBSERVER
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Investors, self-managed super funds (SMSFs) and owner occupiers are dominating commercial property in the $1 million to $3 million price bracket, largely thanks to the RBA slashing interest rates to a record low of 2%. This is creating significant interest in the sale of commercial properties with long leases and solid tenants.
What’s more, the falling Australian dollar means Australian property markets are also increasingly attractive to international investors. However on the domestic front we have seen small to medium enterprises (SMEs) sitting on their hands, as they delay a decision to upgrade to larger or newer commercial premises. Still, with the significant spike in residential house prices, some SMEs are now starting to branch out and use this asset growth as collateral to fund new business and commercial ventures.
The other big factor driving some of our commercial property markets is infrastructure investment, with billions of dollars committed to developments such as Barangaroo in the Sydney CBD, while the prospect of a light rail service for busy Cleveland Street is another major plus. In greater Sydney, the Badgerys Creek airport project is translating into increased commercial interest from St Marys down to Camden, while the North West Rail Link and the North Connex and West Connex road projects are also spurring commercial activity.
In regional Queensland, the massive recent infrastructure injection, courtesy of the Brisbane West Wellcamp Airport, has already seen a number of large commercial developments spring up on the western side of Toowoomba, attracting enquiries from businesses considering a relocation from Brisbane. Further north, and the ongoing Inpex LNG project at Blaydin Point in Darwin is expected to propel commercial interest for some years to come.
At Raine &amp; Horne Commercial, we’ve also taken the opportunity to expand our network coverage to Queensland’s Sunshine and Gold Coasts, with the recruitment of businesses from a rival network. The opening of Raine &amp; Horne Commercial Sunshine Coast is timely as the property market in Queensland is starting to show the form that we’ve come to expect from the southern states. Meanwhile, Raine &amp; Horne Commercial Gold Coast has entered a market that is picking up for the first time since the Global Financial Crisis, with the completion of the Gold Coast Light Rail and Commonwealth Games infrastructure buoying business confidenc
Raine &amp; Horne’s growth hasn’t stopped there either, with our international expansion now taking in Dubai in the United Arab Emirates, which has emerged as a leading regional commercial hub with state-of-the art infrastructure and a world-class business environment. Our Raine &amp; Horne Dubai operation is located in Business Bay, which will have upwards of 240 new commercial and residential buildings completed in the next few years.
On a personal note, I’ve also recently exclusively taken on the role of Executive Chairman, in which capacity I’ll be concentrating on further expanding the business in Australia and overseas. 
Angus Raine is Executive Chairman, <a href="https://www.raineandhorne.com.au" target="_blank">Raine &amp; Horne</a>.
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Billions driving infrastructure development: Angus Raine

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After a challenging 2012, real estate markets around the country have bottomed. As a consequence, it’s fair to expect that a smattering of suburbs across Australia could enjoy some capital growth of between 5.5% and 7% – and in some cases a little more – in 2013.  
This prediction is grounded in some part on the assumption that the Reserve Bank of Australia will dish up further interest rate cuts this year, which should aid more home sales and push up property values. Throw in for good measure the chronic shortage of new residential property, coupled with net population growth (increased immigration and a lower proportion of deaths to births), and the fundamentals are in place for property market growth. That said, we are not without some threats, and I accept negotiating the fiscal cliff in the US remains a challenge. However, the days of Australia catching a cold after the latest American economic sneeze are now mostly behind us. In 2013, the health of our economy is more significantly aligned to the latest thrills (and chills) stemming from China. That said, we’ve already seen the impact of a slowdown in China and the transition away from the mining and energy sectors, with unemployment now sitting at 5.2% – it was around 4% a few years ago.    These challenges aside, this year I’d be looking to the ‘battlefield suburbs’, where first-home buyers are set to shape up to investors. In other words, <a target="_blank" href="/news">St Marys</a> in Sydney, Adelaide’s <a target="_blank" href="/news">Semaphore</a>, as well as<a target="_blank" href="/news"> North Melbourne</a>, <a target="_blank" href="/news">Ascot Vale</a>, <a target="_blank" href="/news">Brunswick</a> and <a target="_blank" href="/news">Footscray </a>in Melbourne are set to benefit as investors compete with first timers for quality homes. Across the continent, it’s the ‘forgotten suburbs’ of inner Perth such as <a target="_blank" href="/news">Embleton </a>and <a target="_blank" href="/news">Ashfield</a> that will enjoy some growth as investors and first time buyers muscle up.   It’s fair to say that investors have been a bit late dipping their toe into the property market this cycle. Usually when the share market tanks we see a flood of investors into real estate. However this didn’t eventuate this time, it was more of a slow drip. Now investors are playing more aggressively in the $450,000 to $700,000 price brackets in many capital city markets – which makes some sense given the ongoing concerns about share market volatility.  In truth, while the battle between investors and first-home buyers will be intriguing in 2013, upgraders and downsizers will also play a part in generating more real estate transactions and as such doing their bit to force up real estate values across most price points in our major capital cities and regional towns.  It’s also fair to expect to see this year the continued growth in the values of apartments, units and townhouses in our major east coast capital cities, as well as Perth and Darwin. This is a result of growing demand for higher density housing close to excellent amenities in capital cities.  In 2012, rental returns plateaued, yet they are still extremely attractive. In Sydney, for instance, the average gross yield is almost 5% for apartments and given low rental vacancies, I really can’t see returns dropping off next year. It’s much the same in Perth (5%), Darwin (6.2%) and Brisbane (5.5%).  If you’re looking for a bit more and are prepared to do your homework this year, there are plenty of excellent inland regional centres such as <a target="_blank" href="/news">Bathurst</a>, <a target="_blank" href="/news">Orange</a> and <a target="_blank" href="/news">Wagga, </a>where astute investors stand to earn yields between 6% and 8%.  Angus Raine is the CEO <a target="_blank" href="https://www.raineandhorne.com.au/">Raine &amp; Horne</a>
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Rate cuts will deliver property price growth of up to 7% to some capital city suburbs in 2013

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The combined real estate bellwethers of appraisals and listings are indicating the Australian real estate market is set for a relatively busy selling season in 2011.
That said, listings are a touch behind spring 2010, as a consequence of a relatively cold and wet winter in many parts of Australia, interest rate uncertainty, concerns about the state of the two-speed economy in Australia and sovereign debt woes in America and parts of Europe. Throw in political instability in Canberra, and it is little wonder some vendors are taking a wait-and-see approach to a home sale.
At a micro level, it will only take one or two good results to entice home owners to put their homes on the market. So, with these factors in mind, my expectation is that the traditional selling season will start later than in 2010 and run much closer to Christmas.
However all bets are off should the Reserve Bank of Australia decide to hike up interest rates before summer. Although, many in the financial markets are starting to predict that a cut in the official cash rate, which currently sits at 4.75%, is more likely.
The good news is that no matter what is happening in the macroeconomic environment, there are still steps homeowners can take to make sure a home sells as fast as possible this spring.
If you haven’t done it yet, I’d contact your agent and to start to prepare your house for a spring sale. First impressions of your home are critical to a swift and successful sale. In fact, one of our offices recently conducted some research which showed that 40% of buyers to visit a property during a four-week campaign come during the first week. It’s absolutely critical that a house looks attractive if the best price is to be achieved.
The good news is that sprucing up your house or apartment won’t cost an arm and a leg, and there are some simple steps you can take, which include:
<ul>
<li>clearing overgrown gardens – you can do it yourself or hire a professional</li>
<li>trimming the lawns and edges</li>
<li>removing leaves from paths and verandahs</li>
<li>sprucing up the house’s exterior by washing down or repainting walls.</li>
<li>cleaning the eaves and guttering, and brushing away leaves and cobwebs</li>
<li>decluttering rooms of excess furniture</li>
<li>cleaning and tidying bathroom(s) and kitchens</li>
</ul>
There is also no point having killer views obstructed by trees and bushes. Be sure to prune trees and shrubs, while cleaning the windows and screens will help improve a home’s unique outlook, and allow in more sunshine.
Angus Raine is CEO of <a href="https://www.raineandhorne.com.au/" target="_blank" title="Raine &amp; Horne">Raine &amp; Horn</a><a href="https://www.raineandhorne.com.au/" target="_blank">e</a>
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Top seven tips for selling in spring

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With global financial markets dipping and diving on an almost daily basis, the safe haven of a quality, well-located residential property is once again proving an appealing option for investors.
However, don’t for one minute think a real estate investment is a licence to print money, and in these uncertain times, it is more important than ever to get the fundamentals right.
An investment property should tick a number of boxes for you and prospective tenants. For starters, its location is paramount. Look for investment homes that are close to shopping, schools, hospitals and recreational facilities, and if they’re in walking distance, even better. Tenants must be able to get to work as quickly as possible, so access to motorways and railway stations are other valuable features to look for when buying an investment home.
Also, if the budget allows, a newer property purchase will provide decent depreciation benefits, which is helpful when times are tough. A new home or apartment will usually (but not always) have fewer maintenance issues, which can be a great cost saving.
Likewise, investment homes in locations with traditionally low vacancy rates (which means tenants love the suburb or town) can provide a level of investment security and cash flow.
Choosing the right managing agent is also an important consideration, especially when the chips are down. In other words, you want an agent who represents your interests, but not to the detriment of the tenant. The right property manager will have a policy of conducting regular rental reviews (every six or 12 months preferably) rather than just when tenants vacate a property. This can help maximise your returns so you are assured you are receiving market rent.
As a guide, looking at the current average rent for similar properties in the area is a good way to calculate the weekly rent for your property – your managing agent can give you an up-to-date appraisal, or you can refer to websites such as <a target="_blank" title="RP Data" href="https://www.rpdata.net.au">RP Data</a>, Australian Property Monitors or <a target="_blank" title="Price Finder" href="https://www.pricefinder.com.au">PriceFinder</a>. But any rental increases you do make should be gradual, rather than a one-off spike which your tenant/s might find hard to swallow.
Angus Raine is CEO of <a target="_blank" title="Raine &amp; Horne" href="https://www.raineandhorne.com.au/">Raine &amp; Horn</a><a target="_blank" href="https://www.raineandhorne.com.au/">e</a>
 
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It is more important than ever to get property fundamentals right

An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Angus Raine

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