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A new report released by the Victorian National Parks Association (VPN) has detailed the impact of urban development on Victoria’s coastline.
According to the "Coast is Unclear" report, authored by marine and coastal environment consultant Chris Smyth, the urbanised coast has expanded by 15% over the last 20 years and now makes up about 17% of Victoria’s total coastline. Population growth, climate change and a "development-focussed government" are all identified in the report as sources of further degradation of Victoria’s 2000 kilometre coastline.
In the report’s key findings, Smyth writes that Victoria’s narrow strips of coastal crown land are "squeezed" between the sea and developed land, and encroaching development coupled with rising sea levels are threatening protected areas. The report also found that in addition to climate change and the urbanisation and industrialisation of the coast, other threats include pressure from visitors, introduced weeds and pests such as cats and foxes, and grazing.
The report recommends that to reverse the decline in coastal nature, coastal conservation estates should be expanded, coastal nature conservation programs should receive greater resources, and ongoing comprehensive scientific monitoring programs should be implemented to assess the health of coastal environments. Other recommendations include the provision of resourcing to community education and engagement programs, funding for weed control programs, an independent review of infrastructure in and around crown reserves and a new Coastal Private Land Conservation Program to support conservation on private land bordering conservation areas.
The report cites the development of a new breakwater, boat ramp and beach road at Bastion Point, Mallacoota as a significant example of the "dash for development" approved by successive Victorian governments. In approving the development, Smyth writes in the report, the Victorian government also approved "the burial of a significant landscape, the town’s only safe swimming beach, archaeological sites and a rare surfing break beneath tonnes of concrete, asphalt and rubble."
"The Coast is Unclear" goes on to comment that the current Victorian government is "also driving fundamental changes to the way planning works" in the state, "weakening planning zones and native vegetation management, and approving contentious development proposals in the face of community opposition."
The previous Labor government, the report notes, also approved development projects such as canal development at Lonsdale Lakes, wind turbines at Cape Bridgewater, the Wonthaggi desalination plant and a coast road at Point Gellibrand, which it claims have all impacted the coast.
The full report can be found <a href="https://vnpa.org.au/admin/library/attachments/PDFs/Reports/coast_is_unclear_29-February%202014-italics%20fix-smallest.pdf" target="_blank">here</a>.
<a target="_blank" href="mailto:jrichardson@propertyobserver.com.au">jrichardson@propertyobserver.com.au</a>
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jrichardson-uRX5hFdKfN

Urban development threatening Victoria's coast: VNPA

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There was a lot to look at in the first room reveal of  The Block: Fans v Faves. The teams’ guest bedrooms threw weird lamps, a transformer bed, stairs that went to (almost) nowhere and a barn door at the judges and viewers. But what stood out to the team at Property Observer was each team’s differing use of art to add (or, unfortunately, subtract) from their room’s décor.
As we said in our recap of The Block’s Manhattan loft challenge, <a target="_blank" href="/news">art is everything</a>. So here are four lessons to take away from The Block’s guest rooms.
Shape up
It’s best to get this out of the way up top: <a target="_blank" href="https://prod.static9.net.au/~/media/a53c02bc256f4214baf238b870142fbc.ashx">Brad and Dale</a> had the best use of art of any team in the first room reveal, by a clear margin. Their circular abstract aerial piece by Barwon Heads artist <a target="_blank" href="https://meganweston.com.au/">Megan Weston</a> (pictured below) was a terrific choice, for many reasons. The first of which was its shape.
<img src="/images/stories/2014/02/13/block_feb_14_one.jpg" width="470" height="264" alt="block_feb_14_one">
Photo courtesy of Channel 9
It is a painful truth learned quickly in property styling that when choosing art for a home, a painting or photograph is simply more economical, both fiscally and with regards to space, than a sculpture or installation.
If you have the room or the money for an interesting, impactful sculpture in your home, like adman Nick Condon's <a target="_blank" href="https://www.propertyobserver.com.au/news/1899-malvern-home-listed-by-former-adman-nick-condon/2014021067691">oversized hand sculpture</a> (pictured below), go for it. But if a wall-hanging piece is what you have to work with, don’t neglect the shape.
<img src="/images/stories/2014/02/13/malvern_0007_10.jpg.jpg" width="470" height="313" alt="malvern_0007_10.jpg">
Rooms all over Australia are filled with squares and rectangles – room corners, bricks, windows, and beds. Why add to the monotony with your art? Brad and Dale’s room was no exception to the square trend, which was particularly evident with their minimalist styling.
But the “blokes” were smart enough to choose a circular art work that softened the room without sacrificing its clean aesthetic. The circles were mimicked throughout the room with woollen throw pillows and Billy Buttons (which, while we’re at it, both added some textural intrigue), the circular bedside tables and the team’s loopy lamps.
Article continues on next page. Please click below.
 
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Colour coding (don’t do it)
While the amorphous shapes in <a target="_blank" href="https://prod.static9.net.au/~/media/25afd000675048fab00f4d0f51f7e925.ashx">Kyal and Kara</a>’s Christopher Cayetano <a target="_blank" href="https://www.theblockshop.com.au/store/single/christopher-cayetano-untitled1-ltd.-ed.-3-1000mm-x-1000mm">framed prints</a> (pictured below) were attractive, we at Property Observer cringed at the team’s clumsy colour matching.
<img src="/images/stories/2014/02/13/block_feb_14_two.jpg" width="470" height="264" alt="block_feb_14_two">
Photo courtesy of Channel 9
The dove grey of the room’s walls was a dead ringer for the art, while matching off-white and muted sea foam throw pillows picked up the prints’ accent colours to seal the deal. Unsubtle colour matching deadens the impact of artwork, reducing it to a decoration. Kyal and Kara should have just sprayed some cookie-flavoured air freshener if they wanted to push the lifeless display home angle.
<a target="_blank" href="https://prod.static9.net.au/~/media/bc1b093814fa413ba6a3407ca5f533e6.ashx">Alisa and Lysandra</a> did the same thing, matching their <a target="_blank" href="https://www.theblockshop.com.au/store/single/indigo-deer">dreary deer artwork</a> to the drapes. To their credit, at least the curtains were sheer, allowing some variation in light and texture to the matte canvas.
<img src="/images/stories/2014/02/13/block_feb_14_three.jpg" width="470" height="264" alt="block_feb_14_three">
Photo courtesy of Channel 9
<a target="_blank" href="https://images.9msn.com.au/resizer.aspx?width=545&amp;height=306&amp;url=http%3A%2F%2Fprod.static9.net.au%2F~%2Fmedia%2Fe2c069f030234d5c99d515fba1f9e853.ashx">Chantelle and Steve</a> were guilty of over-zealous colour matching as well, with the brown cow-hide rug, red decorative canisters and army-green books (of which there were far too many) all mimicking tones in their vintage “Melbourne” print.
<img src="/images/stories/2014/02/13/block_feb_14_four.jpg" width="470" height="264" alt="block_feb_14_four">
Photo courtesy of Channel 9
In the room reveal episode, Brad and Dale lamented that the judges hadn’t noticed that their throw pillow picked up colours in the art work. But to our mind, that’s a good thing – rather than choosing obvious violet or turquoise furnishings, they picked a single, small item to echo a secondary colour in the artwork. Erring on the side of subtlety allowed the soft furnishings to lend the room a sense of cohesion, without seeming ham-fisted. Remember, a whisper, not a shout.
Article continues on next page. Please click below.
 
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Places, please
As in all things, when positioning your artwork, try to avoid the obvious. A medium sized square print, inoffensive in both content and colour, centred over the bed? That’s exactly what Alisa and Lysandra chose to do, and the results were as boring as you might expect. The twins may have won the challenge thanks to their innovative use of space, but their use of art was wholly unremarkable. With such great variety in the textures room’s textures – the oak feature wall and door, the drapes and the exposed brick – it was a shame that the art was such a letdown.
Alisa and Lysandra’s placement of their artwork against the exposed brick wall was one of their major problems. The team described the art as a central feature of their room, with <a target="_blank" href="https://www.theblockshop.com.au/blog/alisa-lysandra-were-definitely-feeling-the-pressure">Alisa saying that</a> "Without it, we couldn’t have been able to pull that room off... It was affordable and perfect for the loft feel we were going for. The rest just fell into place around it."
But to Property Observer, the artwork’s dark colour and size meant that it became an uninteresting interruption to the wall’s texture, rather than a focal point of the room. The twins would have been better off with a hanging plant in the place of the art to juxtapose with the wall’s industrial feel and tie into the room’s other organic elements.
Consider too how inhabitants and guests are going to interact with the space in your home. Take a look at the way art is displayed in the home of art collectors Sandra Powell and Andrew King (pictured below), otherwise known as the <a target="_blank" href="/news">Saatchis of street art</a>.
{yoogallery src=[images/stories/2014/01/22/alb]}
The position of the large black and white photograph of two women bathing over the home's staircase allows viewers to see the entire piece when standing back in the upper-level's walkway, or to view it up close while travelling along its length as they walk up or down the stairs. Though you might get an immediate impact when you walk in the door, if an art work is placed in the obvious spot over the bed-head, there are often few other perspectives from which to enjoy the work.
Article continues on next page. Please click below.
 
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Light and dark
The vintage <a target="_blank" href="https://www.theblockshop.com.au/store/single/melbourne-vintage-poster">“Melbourne” poster</a> from Printism used by Chantelle and Steve was a nice choice, even if it did veer dangerously close to kitsch in the art-deco building, and displayed as a blind felt a touch self-conscious when paired with their other transformer feature, the convertible shelf/bed. We especially appreciate the print’s scale – Chantelle and Steve were the only team to make a statement with the size of their art.
But such a large piece deserves to be featured in a space where it won’t blend in. By positioning an artwork with such warm tones, hard lines and dense detailing, it offers no relief for the eye set against the room’s exposed brick. The poster would have done better in a bright and airy space, contrasted against a light coloured wall.
Another alternative would have been to use Printism’s much brighter <a target="_blank" href="https://www.theblockshop.com.au/store/single/sydney-retro-poster">“Sydney” poster</a>, which would offer considerably more contrast against the exposed brick and open up the room. But we at Property Observer understand that when it comes to city loyalty, sometimes one’s hands are tied.
Incorporating art into your living spaces offers the opportunity to elevate a room from functional to emotional. Eschew the obvious, aim for intrigue over ornamentation, and go boldly.
jrichardson@propertyobserver.com.au
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Art styles for apartment décor: Lessons from The Block

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The Western Australian Department of Commerce has announced the finalists for its 10th annual Consumer Protection Awards.
The awards ceremony, which will be held on March 21, will recognise the contributions of individuals and the media to consumer protection in Western Australia.
Anne Driscoll, the commissioner for Consumer Protection, congratulated the finalists, which were chosen from a list of 22 nominees.
"It really is an accolade to get to this stage considering the calibre of the nominations," she said. "It is a milestone as we mark ten years of the Awards. I am very much looking forward to us once again acknowledging the outstanding efforts of consumer advocates."
This year, the Consumer Protection’s Media Award has been renamed the Ruby Hutchison Media Award, recognising the first woman elected to the state’s Legislative Council.
The shortlisted finalists:
Rona Okely Award (for individuals)
<ul>
<li>Gavan Forster of the Master Builders Association, WA has been raising awareness of consumer building issues via a Q&amp;A newspaper column for more than 15 years.</li>
<li>Sandra Brown assisted consumers during her 18 years at the Citizens Advice Bureau and since retiring in 2011 has continued to give community talks about consumer and tenancy rights.</li>
</ul>
Richard (Dick) Fletcher Award (for organisations)
<ul>
<li>Advocare helps receivers of health and aged care services to know their rights and make necessary complaints.</li>
<li>Consumers' Association of WA is a non-profit, voluntary organisation which successfully campaigned for a product safety ban and the introduction of a service to tell car-buyers if there is any money owing on vehicles.</li>
<li>Consumer Credit Legal Service (WA) provides legal advice on consumer credit, banking and finance; particularly to those who are on a low income, vulnerable, disadvantaged or speak English as a second language.</li>
</ul>
Kidsafe WA Award (any contributor to advancement of injury prevention for children)
<ul>
<li>RAC bstreetsmart – a road safety initiative to reduce fatality and injury rates among young people.</li>
<li>Samantha Menezes petitioned for laws to prevent the supply of alcohol to minors without parental permission.</li>
</ul>
Media Award (for journalists and media outlets)
<ul>
<li>David Weber of ABC Radio has produced property scam and romance fraud stories.</li>
<li>Natalie Bonjolo from Today Tonight has exposed dodgy tradespeople and businesses.</li>
<li>Rashelle Predovnik at The Echo Newspaper reports on consumer affairs, including investigations into service providers and safety warnings for shoppers.</li>
</ul>
<a target="_blank" href="mailto:jrichardson@propertyobserver.com.au">jrichardson@propertyobserver.com.au</a>
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Property professionals among consumer protection award finalists

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The bushfires that travelled through New South Wales’s Blue Mountains in October last year went nowhere near the region’s tourism hubs. Nevertheless, in December the Blue Mountains Economic Enterprise estimated that as a result of the negative media attention around the bushfires, which contributed to a downturn in the region’s tourist visitations, the region’s economy is down by $71 million.
Donald Luscombe, the Blue Mountains Economic Enterprise chairman, said that although none of the region’s attractions were affected, tourists stayed away.
“As a result of lost tourism visitation over the first 42 days after the bushfire emergency, the total impact to economic output (revenue) for the Blue Mountains was $71.3 million,” he said.
“The data indicates a decrease in wages and salaries of up to $17 million over that 42 day period. Obviously, the flow-on impact of that in terms of consumption and expenditure is significant.  The total impact to the economy of the fires is yet to be calculated but as you can see, the impact from the tourism sector alone has had a truly significant effect.”
Tourist properties have also weathered the impact of poor media coverage. <a target="_blank" href="https://www.fntourism.com.au/buy-commercial-real-estate/business-accommodation-tourism-blackheath-nsw-41120130153">Federation Gardens Lodge</a> (pictured below) was prepared to list in October last year through First National Tourism. But according to broker Nick Brook, although the property was unaffected by the bushfires themselves, the vendors and First National Tourism decided to hold off on listing the property.
{yoogallery src=[images/stories/2014/02/11/blue]}
“We did all the preliminary work, including the research, and were ready to put it on the market. But because of the fires, we held off. We’ve only just listed the property this month,” he said.
The Clarendon Guesthouse in Katoomba (pictured below) sold late last year, with market sources suggesting that the hotel went for close to $2 million.
{yoogallery src=[images/stories/2014/02/11/kat]}
The sale was handled by Paul Kapiris and Andrew Jackson of CBRE Hotels. Although he says it is too early to draw conclusions from market values, Kapiris has noticed interest in the area recently, including from foreign investors.
“Interestingly, there’ve been a few sales in the area,” says Kapiris. “Whether it’s reflected in the values is probably unclear. But there has been a little bit of movement, particularly in <a target="_blank" href="/news">Katoomba</a>.”
Kapiris points to foreign investors and tourists as a possible source of revival for the region.
“We’ve seen a mix of local buyers seeking assets and foreign buyers, particularly those that have connections to tourism.
“The Australian dollar should have an impact – a lowering Australian dollar should help regional tourism. But how long that will take would be anyone’s guess.
“And the lowering Australian dollar and the growing Asian middle class are part of the reason that we’ve had such an increase in interest from Asian groups.”
Meanwhile, the Blue Mountains Economic Enterprise has launched a number of initiatives to strengthen the region’s economy, including a “Creative Industries cluster”. With research suggesting that creative industries provide 8% of the region’s available jobs – close to double the state average – the range of events and advocacy initiatives will seek to consolidate the area’s reputation as a creative hub.
While the holidays brought some relief to the Blue Mountains, Luscombe says that sustained interest is what the region needs.
“We saw a lift in visitation over the Christmas period, which is traditionally a peak time but the best way for Australia to assist this region continue its recovery is to visit and savour the cooler weather, glorious local food and world-class tourism attractions,” he said.
“We are absolutely open for business.”
jrichardson@propertyobserver.com.au
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After bad bushfire press, the Blue Mountains works to regain its footing

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The Real Estate Institute of New South Wales (REINSW) has released a statement criticising Fair Trading NSW for its dispute resolution process.
According to the statement released, NSW Fair Trading has requested additional funding for its non-binding dispute resolution process, which the REINSW claims is a waste of taxpayers’ money.
An extract from the REINSW statement reads:
"The Minister for Fair Trading’s application for additional funding for a dispute resolution service at NSW Fair Trading is a misguided use of public money, according to the Real Estate Institute of New South Wales.
REINSW President Malcolm Gunning said additional resources should be directed toward the NSW Civil and Administrative Tribunal (NCAT), which replaced the Consumer, Trader and Tenancy Tribunal (CTTT) from 1 January 2014.
'The NSW Fair Trading service is a waste of time for all parties involved,' Mr Gunning said.
'This service will not work because there won’t be a binding resolution to disputes.
'All it is going to do is increase time. There is no compulsion, participants don’t have to take the advice and in the end most will end up at NCAT anyway.'"
In a phone interview, Gunning stated that the service would add another level of bureaucracy and time to the resolution process.
"It’s an unnecessary expense – we have a system that is well developed and works. [The service is] a gross waste of money for the tenant, the landlord, and the agent, who all spend time and their own resources trying to resolve their issues," he said.
"The agent looks to resolve the issue on the behalf of the landlord and tenant, so if the issue goes further, it means the relationship between the managing agent and the tenant or landlord has already broken down. And the managing agent is usually very experienced, and understands the landlord and tenancy act very well."
In response to REINSW’s statement, a spokesperson from Fair Trading NSW has said that its dispute resolution service helps the parties involved sidestep the cost of taking their issue to NCAT.
"Far from adding another layer of red tape, this process obviates the need for the more expensive step of lodging a claim with the Tribunal," a Fair Trading NSW spokesperson wrote via email.
"Simply, this is an additional option available to landlords, property agents and tenants to resolve a dispute and does not impede a party going directly to the Tribunal.
"Almost 60% of matters handled by Fair Trading since 1 January 2014 have resulted in the offer and acceptance of a resolution in less than 14 days."
According to Fair Trading NSW, negotiation through its dispute resolution service is generally undertaken via phone or email, unlike a tribunal hearing, which requires all parties to be physically present at a venue, saving business time and travel costs. Fair Trading NSW did not respond to questions regarding any additional funding that may be required for the service.
<a target="_blank" href="mailto:jrichardson@propertyobserver.com.au">jrichardson@propertyobserver.com.au</a>
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REINSW claims Fair Trading's dispute resolution service a "misguided use of public money"

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All 86 properties that were under the hammer sold at a single mega-auction at Victoria's Gippsland Lakes this weekend through John H Castran.
The properties were sold to recover funds for the collapsed Gippsland Secure Investments, which was a principal lender to Riviera Properties, the former land owners.
Around 1,400 people registered for the auction, hosted by the Metung Hotel. The most expensive sale was for a 18 hectare, 10 marina berth lot, which sold to a buying syndicate for $2.45 million. A mix of commercial lots, marina berths, cove allotments and single dwelling residential plots were sold at the auction. Included amongst them was 76 Beach Road (pictured below).
{yoogallery src=[images/stories/2014/02/11/met]}
According to Metung LJ Hooker branch manager Peter Cook, the sale attracted a great deal of attention, with his team fielding enquires five weeks before the event.
"I think there were a lot of people looking for bargains. The diversity of the blocks and the prices that were advertised meant that the auction was open to everyone, from developers to small buyers," he said. There was no reserve set for any of the Metung properties auctioned on Saturday, with a reported five per cent discount on most of the properties sold with a 30 to 60 day settlement. 
Of reports that some Gippsland Lakes residents were worried that the super sale would devalue property in the area, Cook said that the majority of residents saw the benefit of the interest in the former Riviera properties.
"There are always people like that in smaller towns - there are about 1,000 people in Metung. Generally when something like this happens, you’re going to have people who are going to boo-hoo it, and there are going to be people who are going to be for it," he said of the divided sentiment.
Ian Lockwood, the branch manager of Elders Metung, agreed that the auction was good for Metung.
"It's a mixed bag, but I would say it's a great result for Metung. Some properties have sold for a higher prices than what were previously advertised by the previous agent. Other house lots, which were around 700 square metres, sold for about fair average price," he said. "I thought the commercial property, of which there was one in Metung, sold quite cheaply."
Lockwood, who was a referring agent for the auction, said roughly half of the buyers he referred were from Melbourne and half were locals. 
"The biggest value from the auction is that we've had a stream of people through our door that have seen the advertising, never heard of Metung, arrived two or three days before the auction and bought property," he said.
"The one question I keep getting is, 'Why haven't I heard of Metung before?'"
Cook notes that before the auction, marketing for the properties had been sluggish.
"Those lots were sitting empty for a long time," he said. "Initially there were only two agents handling the properties, Riviera and King and Heath, and they should have opened it to other agents to handle some of the properties."
It seems that some shareholders in the collapsed Gippsland Secure Investments agreed, with rumours that some shareholders were discussing the possibility of a class action suit in the auction tent on Saturday. Riviera Properties was the company's largest debtor before it was liquidated. Following the auction, shareholders are reportedly set to receive 80c in the dollar.
While most of the properties sold were located in <a href="/news">Metung</a>, about a quarter of the properties auctioned on Saturday were located in <a href="/news">Paynesville</a> and <a href="/news">Bairnsdale</a>. 
<a href="mailto:jrichardson@propertyobserver.com.au" target="_blank">jrichardson@propertyobserver.com.au</a>
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Victoria's Gippsland Lakes mega-auction sees 100% clearance

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The Australasian section of Century 21’s global property website, century21global.com, was launched today.
Property listings in Australia, New Zealand and Papua New Guinea will now be automatically promoted in 74 countries, in 16 languages. Currency conversions will also be available on the new website, which allows international buyers to view Century 21’s full Australasian listings.
According to Century 21 Australasia chairman and owner, Charles Tarbey, the website will allow vendors to access a larger pool of buyers, though the company expects that most transactions will still occur within the property’s country.
“For example, a buyer in Europe can view properties for sale in Australia, in their local language and currency, and communicate with the relevant Century 21 agent via the site,” said Tarbey, who claims the website may give local vendors a competitive advantage over other sellers who are not promoting their properties in foreign markets.
The website will also include pages with localised content to assist foreign buyers. It has localised maps, with property listings and agent contact information.
Century21global.com also features automatic translation services, allowing buyers and agents to communicate in the buyer’s language of choice.
Upon entering the website, buyers are able to click on a continent on the interactive map, which will then list the available countries where Century 21 operates. Buyers are then taken to a page listing general demographics for the country as well as market information including foreign buyers’ legal and tax obligations. From there, a buyer can look at the properties listed in that country, using all the search engine tools available on Century 21’s local website.
The company’s Australian and New Zealand offices will receive 'global kits' this week, containing advice and advertising materials to assist them in marketing properties on the website.
jrichardson@propertyobserver.com.au
 
<hr>
 
YOU MIGHT ALSO BE INTERESTED IN:
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<hr>
 
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Century 21 launches global real estate portal

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Wilston, located 3 kilometres out of Brisbane’s CBD, is a small prestige suburb with a recovering market. Sandwiched between Newmarket and Windsor and bounded at the south by Enoggera Creek, the suburb has a population of 3,872 people, according to the 2011 ABS census.
Kedron Brook Road, Wilston’s main retail strip, has seen significant redevelopment in recent years, pre-empting Brisbane’s urban renewal project.  The suburb is serviced by buses, and trains at Wilston Train Station. It is also close to the Royal Brisbane and Women’s hospital.
Wilston contains a mix of new units and older “Queenslanders”. According to Andrew Wilson, senior economist at Property Monitors, the suburb's strongest growth over the last 12 months can be seen in its mid-range properties.
"The median price in Wilston is around $800,000, making it a prestige inner-city suburb. But in the top end of the market, while there's been some signs of revival, it's certainly been patchy," he said.
"The homes in the $500,000 to $600,000 band have been doing well in the last year, after some weakness from the year before."
Ray White Wilston principal Alistair Macmillan agrees that the suburb's prestige homes have seen a downturn in recent years.
“Post-GFC we have experienced a lot of prestige buyers exiting the market. This meant that home owners wanting to sell were experiencing very little interest and offers, often resulting in homes being sold well under owners expectations,” he said.
“Over this time frame we saw a lot of homes on the market with very few selling. From 2008 to 2013 we have seen very little change in the median sale price, ranging from $400,000 to $500,000. The main reason for this was the lack of prestige homes that were sold, unlike the height of the market in the early 2000's where we say the median price increase to well over $1,000,000.”
But according to Macmillan, the prestige market has been strengthening over the last year. The buyers he encounters are mostly young families with professional occupations, drawn to the suburb's schools.
“The most encouraging signs recently have been a large number of homes selling over the past 12 months in the higher price ranges showing an increase in buyer confidence in this prestigious market.
“Over the past year there have been 9 homes sold in Wilston over $1,200,000, with the most number of sales being homes from $700,000 to $800,000. This is a great sign of consumer confidence not only in real estate but Wilston in particular. Last year Ray White Wilston sold the highest priced property on a 405 square metre block, which was $2,020,000.”
However, Wilson says that he is yet to see evidence of a sustained revival of the top end of Wilston's property market. 
"There's no sign of a sustained revival of prices in the prestige market," he said.
According to Wilson, Wilston's overall market will be seeing growth in later years. 
"Wilston's revival will happen at the later stages of Brisbane's momentum, once the market is up and running. We'd have to see a strong revival in the state's economy, which is on the cards. The trend will be up - but not quite yet."
<a target="_blank" href="mailto:jrichardson@propertyobserver.com.au">jrichardson@propertyobserver.com.au</a>
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Suburb Spotlight: Wilston, a recovering market

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The Tenants Union of NSW has called for parents and carers to take action following a toddler's death in northwest Sydney. 
The 15 month old girl was found unconscious in her cot last Tuesday. She was brought to hospital by paramedics and later died. After initial investigations, police suggested that she became entangled in a blind cord. Hers was the second blind cord related death in a single week in Sydney. A 16 month old girl in Hornsby died on January 30 in similar circumstances.
The Tenants Union has published a post on their blog reiterating warnings they had released after an 18 month old boy died last year in a blind cord accident.
"Keep cots, beds and other furniture away from blind cords," the post reads.
"Keep cords out of reach, by winding them on a hook or clipping them to the blind. Look out especially for older cords that are looped, or knotted or otherwise joined at the tassels. In most cases these can be made less dangerous by cutting the loop or the join, and fixing new tassels on the cut ends. In some cases a blind might require a continuous loop of cord to work. These cords can be made less dangerous by keeping the loop taut through a cleat fixed to the floor or wall.
 "Cutting through cords and fixing cleats like this are alterations to the property, for which you should properly seek your landlord's consent. As minor alterations, your landlord cannot refuse consent unreasonably. And it is hard to think of any good reason for refusing consent for you to do these very simple things to make your home safer for children."
According to the Australian Competition and Consumer Commission, at least 11 children died between 2001 and 2008 in blind cord related accidents. All new blinds are required by law to include safety warnings, and instructions on how to safely install cords to prevent accidents.
The ACCC's safety fact sheet on blind cord safety can be found <a href="https://www.productsafety.gov.au/content/item.phtml?itemId=995161&amp;nodeId=9d34104d6131a76659f644fc367e732d&amp;fn=Blind+and+curtain+cords+-+Safety+alert.PDF" target="_self">here</a>.
Landlords and property managers might also consider sending out an alert to their tenants, as well as <a target="_blank" href="/news">considering if there are any safety risks within the properties</a>.
jrichardson@propertyobserver.com.au
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Two children die in one week in blind cord accidents: TUNSW calls for caution

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An application to annul the bankruptcy of Jacqueline Mulhearn, the wife of former Queensland property magnate Richard Mulhearn and co-director of the Mulhearn Group, has been dismissed.
After one unsuccessful attempt to have her bankruptcy put aside in 2012, Mulhearn again attempted to have her bankruptcy annulled. The Bank of Queensland applied to have her annulment dismissed on the grounds that it was an abuse of process, in a case that was heard simultaneously in the Federal Court.
Jacqueline Mulhearn’s husband, Richard Mulhearn, once headed the Mulhearn Group, employing around 250 staff. Their properties included a Gladstone shopping centre and the Dicey Reilly pub chain.  As a client of the Bank of Queensland, the Mulhearn Group’s debts at one stage neared $57 million.
In May 2010, five days before the Bank of Queensland appointed receivers to the Mulhearn Group, Jacqueline Mulhearn withdrew $480,000 from the group’s accounts, placing the money in her personal account. The Bank of Queensland froze Mulhearn’s assets, an order which Mulhearn unsuccessfully fought in the courts.
That year, the Bank of Queensland also appointed receivers to the assets of Richard Mulhearn, and he was bankrupted.
A warrant was issued for Richard Mulhearn’s arrest in 2011, following his alleged failure to co-operate with bankruptcy trustees, leaving the country twice without permission. Mulhearn has commented in court and to the press that the trustees were “invalidly” appointed. At the time, allegations were also raised that Mulhearn used an alias, “Derek O’Malley”, which Mulhearn denied.
Jacqueline Mulhearn also left the country in May of that year, living in New York for around 12 months before moving to Northern Ireland to obtain medical treatment.
In January 2012, Richard Mulhearn was arrested at Sydney Airport. His passports were confiscated, causing Mulhearn to miss his father’s funeral in Ireland. That year, Jacqueline Mulhearn was ordered to pay the legal costs of the receivers of the Mulhearn Group after they successfully applied to recover the money she withdrew from the group. As a result of the $24,181 payment, she was rendered bankrupt.
According to the Bank of Queensland, she was served the bankruptcy notice at her New York address and by email. But Mulhearn argued that she had left New York by that date, and no longer used that email address. As a result, she did not comply with the notice, committing an act of bankruptcy.
In October 2012, Mulhearn applied to have the bankruptcy annulled, arguing that the notice was not properly served to her. She also argued that she did not reside in Queensland, so the state’s courts had no jurisdiction to make an order against her, as a non-resident of Australia. The judge dismissed her application at that time, noting that the Mulhearns provided no verifiable details of their financial assets to the courts. He also commented that in June 2012 (around three weeks after the date of bankruptcy), Mulhearn had provided a Queensland address as her place of business, placing her under the state’s jurisdiction.
In the most recent hearing before the Federal Court, which took place late last year, Mulhearn again attempted to have her bankruptcy annulled. However, the court found that she presented no new evidence, and, by attempting to have a “second bite of the same cherry”, had committed an abuse of process.
In his concluding statements, the judge noted that Mulhearn’s application for annulment “could not have succeeded on its merits and in any event was doomed to failure as an abuse of process.”
<a href="https://mce_host/jrichardson@propertyobserver.com.au" target="_blank">jrichardson@propertyobserver.com.au </a>
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Wife of former Queensland property magnate's application for annulment of bankruptcy dismissed

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

Joel Robinson

First look: Aqualand joins St Leonards apartment party

<section data-scroll-anchor="false" data-testid="conversation-turn-5" data-turn="user" data-turn-id="e65dbe94-e3b6-47f7-b62a-9cbb30c9bf79" data-turn-id-container="e65dbe94-e3b6-47f7-b62a-9cbb30c9bf79" dir="auto">Time &amp; Place’s plans to transform the former David Jones factory building in Surry Hills into a mixed-use residential precinct have gone on exhibition through the NSW Government’s In-fill Affordable Housing pathway.</section>

<section data-scroll-anchor="false" data-testid="conversation-turn-6" data-turn="assistant" data-turn-id="request-WEB:f4d533b7-64a5-413d-86fd-5c99649c2b73-2" data-turn-id-container="request-WEB:f4d533b7-64a5-413d-86fd-5c99649c2b73-2" dir="auto">
The Marlborough House proposal, lodged for the <a href="https://www.apartments.com.au/new-apartments/marlborough-house-47-97-marlborough-street-surry-hills-nsw-2010">47-97 Marlborough Street</a> site, would see the adaptive reuse of the heritage-listed warehouse building alongside the construction of new residential additions and a separate apartment building on the northern portion of the site.

The proposal seeks approval for 172 apartments across three buildings, including 15 per cent affordable housing managed by a community housing provider for at least 15 years from occupation.

<img alt="Marlborough" data-entity-type="file" data-entity-uuid="5d1d3c2a-bf13-47d6-a335-7c01102cdee1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.29.36%E2%80%AFAM.png?VersionId=cjMYrbR.BLUlWH4dar0RVDDo0bG.u2YT" />

Interior view from the Northern Building Penthouse overlooking the park

&nbsp;

The redevelopment is planned for the prominent 3,413 sqm site bounded by Marlborough Street, Goodlet Street and Lansdowne Street, directly opposite Eddie Ward Park and around 200 metres from the Surry Hills light rail stop.

Time &amp; Place acquired the former David Jones building in 2024, marking the first time the property had changed hands in around 50 years.

Designed by Wardle, the proposal centres around the adaptive reuse of the former David Jones factory, originally constructed between 1913 and 1935 in the Inter-War Chicagoesque architectural style.

Wardle noted in its Architectural Design Report that the building “occupies a significant place in the industrial and cultural history of Surry Hills” and at its peak was “the largest department store manufacturing facility in Australia, employing over 800 people and fuelling the growth of Sydney’s fashion and retail industries.”

The practice said the project positions itself “not as an isolated intervention, but as a contributor to the civic, social, and architectural grain of the precinct.”

The proposal would deliver 75 apartments within the retained southern heritage building, 59 apartments within the central addition, and a further 38 apartments within the new northern building fronting Lansdowne Street.

Planning documents show the scheme would comprise a mix of heritage apartments, new-build apartments, townhouses and penthouses.

<img alt="Marlborough" data-entity-type="file" data-entity-uuid="57758518-40a3-4b83-958c-d06e96a2cffa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.29.42%E2%80%AFAM.png?VersionId=VerlX9ST5xgBi8.1_YRsqdWTJeT6ygjs" />Interior View of the Heritage Building Apartment

The development would also include a ground-floor retail tenancy on the corner of Marlborough and Lansdowne streets, rooftop communal open space, a landscaped pedestrian link along the western edge of the site, and basement parking accessed from Lansdowne Street via a car stacker system.

&nbsp;

The scheme emerged from a competitive design process run by Urbis, with Wardle ultimately selected as the winning architect ahead of FJC Studio, TZG, Architectus and Wilkinson Eyre.

The Design Integrity Panel later described several aspects of the Wardle scheme as fundamental to the project, including “the stepped character of the new addition to the north of the site”, the landscaped western pedestrian link, and the “garden arrival” experience separating the original Marlborough House from the heritage addition.

Wardle’s design heavily references the site’s industrial and heritage history, while also responding to the surrounding Surry Hills streetscape.

The Architectural Design Report describes Surry Hills as “a finely grained neighbourhood with beautiful and expressive brickworks throughout the suburb,” with the proposal introducing a material palette intended to sit comfortably alongside the existing warehouse fabric and neighbouring terraces.

The report also outlines the project’s relationship with Eddie Ward Park and the broader landscape context of the area.

“Marlborough House occupies a site of deep cultural memory and the neighbouring Eddie Ward Park is of local ecological significance, where natural systems, topography, and stories have long shaped human experience,” Wardle noted in the report.

The architects said the proposal sought to “rebind built form to Country” through landscape, materiality and the adaptive reuse of the heritage structure.

<img alt="Marlborough House" data-entity-type="file" data-entity-uuid="9ae3f2f9-c85f-477a-a6f8-b43f6cb97c41" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.29.53%E2%80%AFAM.png?VersionId=B.qUCLqRvJOR.n9CvYcTpaknIX9LuqKZ" />

The project is also being progressed under the NSW Government’s in-fill affordable housing provisions, allowing developments that include affordable housing to access additional height and floor space incentives.

Under the plans, 2,593 sqm of the project’s floor space would be dedicated to affordable housing, slightly exceeding the required 15 per cent threshold.

In its Design Excellence Strategy, Urbis said the project aimed to “sensitively adapt and enhance the heritage-listed building on site through alterations and additions that preserve its historical significance” while delivering “high-quality market and infill affordable housing development in Surry Hills.”

Time &amp; Place has been one of the most active developers nationally in the last 12 to 24 months. Late last year they completed&nbsp;The Queensbridge in&nbsp;<a href="https://www.apartments.com.au/developments/southbank-vic-3006">Southbank</a>, a mixed-use tower with 353 apartments and a hotel. They are currently selling Park Modern, 246 apartments near the famous Botanic Gardens in&nbsp;<a href="https://www.apartments.com.au/developments/south-melbourne-vic-3205">South Melbourne</a>, and have future projects, <a href="https://www.apartments.com.au/new-apartments/the-wilmot-173-burke-road-28-hope-street-glen-iris-vic-3146">The Wilmot</a>&nbsp;in&nbsp;<a href="https://www.apartments.com.au/new-apartments/glen-iris-vic-3146">Glen Iris</a>, the redevelopment of the Northcote Plaza, and another tower in South Melbourne.

The developer broke into Sydney just a few years ago with Two Tides in Manly. They have another project nearby, which is at the ultra-luxury end of the market on&nbsp;<a href="https://www.apartments.com.au/buildings/shoreline-manly-beach-89-90-north-steyne-manly">North Steyne</a>, fronting the beach.

It is also continuing to work through the <a href="https://www.apartments.com.au/news/nsw/first-look-time-place-settles-on-design-for-the-chimes-potts-point-redevelopment">redevelopment of The Chimes building</a> on Macleay Street in&nbsp;<a href="https://www.apartments.com.au/developments/potts-point-nsw-2011">Potts Point</a>, as well as a project on <a href="https://www.apartments.com.au/news/nsw/time-place-to-take-on-mosman-apartment-market">Mosman's Redan Street</a>.
</section>

First look: Time & Place unveils Marlborough House redevelopment designs for former David Jones warehouse in Surry Hills

The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

Jessie Richardson

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