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The Modernist Thurlow House, Blakehurst has been sold, and now looks like being permanently listed on the NSW heritage list.
Described as a Mad Men style home, the buyer is apparently an architectural devotee who wants to restore the home back to its grandness.
Being virtually untouched, the 1952 house by architect Harry Seidler was recently marketed as one of early intact houses by one of Australia’s great architects.
"Research indicates Thurlow House as being number sixteen of eighteen houses completed by Harry Seidler within the first five years of his coming to Australia," the marketing advised.
Thurlow family members described it as a "forgotten modernist original."
The <a href="https://www.modernhouse.co/listings/thurlow-house/" target="_blank">Stuart Street offering</a> on a 1336 square metre block sold through the Modern House agency, with around $2.5 million having been tipped.
Built on a waterfront site sloping down to the Georges River, in Sydney’s south, its split-level interior offers soaring voids, textural stone and timber-lined walls.
Upstairs are two bedrooms, a study and bathroom, all looking out to the river.
On the lower level is a spacious living area, dining room and kitchen.
The retention of the single sculptural eucalypt in the front yard is characteristic of an aesthetic employed by Seidler and other Modern Movement architects.
The house is in need of repair.
It was a Punchbowl couple, David and Marjorie Thurlow who commissioned the design. He was a lawyer and his wife, a RAAF member, was the daughter of the Commonwealth Bank of Australia board secretary.
They separated in the early 1970s with Dolly, as she was known, remaining in the house until in 2011. She died in 2014.
Soon after completion the home was featured in a French magazine, l’architecture d’aujourd’hui, celebrating work by young architects from around the world.
Harry's widow, Penelope Seidler recalls Thurlow House as “a real gem”, and has encouraged its latest custodians to connect with the office of Harry Seidler &amp; Associates to help undertake works that maintain its original design integrity.
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jchancellor-FAypfDUnLy

Seidler's Thurlow House sells

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The Federal Court of Australia has permanently restrained the marketing and promotion of a proposed Pilbara property investment by Macro Realty Developments Pty Ltd (Macro) and made declarations that Macro, Property Tuition Pty Ltd (21st Century Property) and Education Holdings Pty Ltd (21st Century Education) breached various provisions of the Corporations Act by promoting and marketing the investment proposal.
The investment proposal was promoted in 21st Century publications using the tagline 'Do you know how to buy Australian property, no money down?'.
The proposed investment involved investors:
<ul>
<li>becoming a director and shareholder of a company;</li>
<li>acquiring properties from Macro through this company; and</li>
<li>receiving a director's fee but having agreed that Macro would be the sole decision maker for the company. </li>
</ul>
ASIC commenced proceedings in September 2015 against Macro, 21stCentury Property and 21st Century Education in relation to the proposed investment and had obtained interim injunctions stopping the proposal from continuing to be marketed.
His Honour Justice Beach made declarations that the marketing and promotion of the investment proposal by the companies was misleading and deceptive, and that investors had been procured into breaching director's duties.  The features of the proposal found to have been misleading or deceptive included:
<ul>
<li>that the investment proposal was essentially risk free</li>
<li>that it required no money down or capital, and;</li>
<li>that there were no fees involved.</li>
</ul>
In relation to 21st Century Property and 21st Century Education, His Honour also declared that financial product advice had been provided in circumstances where neither entity was licensed to provide advice.
ASIC Commissioner Greg Tanzer said it was another significant outcome in ASIC's ongoing campaign to promote trust and confidence amongst investors.
"We will continue to deter this type of misleading and deceptive conduct."
Macro Realty is owned and run by Veronica Macpherson, "Pilbara's largest private developer" according to its website.
Macro Realty has six projects in Port Hedland, South Hedland and Newman in the Pilbara.
In an emailed response to Fairfax Media, Mr McIntyre called the latest ASIC allegations "baseless" and blamed Macro Realty for not ensuring its advertising was compliant.
"21st Century Media does paid for advertising campaigns for advertisers. In this case Macro [Realty] was offering no money down property which is perfectly legal to do so. As a media company we are not responsible for advertisers ensuring their marketing or offer is compliant," he said.
ASIC has also issued proceedings in the Federal Court of Australia against 21st Century Property and 21st Century Education in relation to their promotion and sale of interests to investors in five land banking schemes in Victoria.
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No money down Pilbara property scheme retrained by ASIC

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The vast majority of property owners who sold their home in the December 2015 quarter sold at in excess of their previous purchase price according the latest CoreLogic RP Data quarterly Pain and Gain Report.
The Pain &amp; Gain Report found that 91.6 per cent of properties resold for profit over the quarter with 31.2 per cent of homes selling for more than double their purchase price. The total value of all profit was $17.1 billion with the average gross ‘gain’ $270,842 per sale.
Only 8.4 per cent of homes resold recorded a gross loss compared with their original purchase price, up slightly from 8.3 per cent for the September quarter. The total value of loss over the quarter was $399 million. The average ‘pain’ felt for these properties was $69,493.
Report author Cameron Kusher said, “Whether for investment or owner occupation, the results highlight the fact that property ownership should be seen as a long-term investment.”
“Across the country, our results show that homes which resold for a loss had an average length of ownership of 6.7 years. For gross profit sales, the average length of ownership was recorded at 10.1 years, while homes which sold for more than double their previous purchase price were owned for an average of 17.7 years.
“Our results have shown that investors over owner occupiers were more likely to resell their properties at a loss. Over the quarter, 7.2 per cent of owner occupier sales nationally were at a gross loss compared to 10.6 per cent for investor owned stock.
“The losses experienced by investors comes down to the fact that this group may be more willing to accept a loss on sale due to the tax implications of being able to offset the loss against future capital gains,” he said.
The Pain &amp; Gain report findings also confirmed a proportion of loss-making resales across the national capitals are now trending lower expect for Perth and Darwin where the instances of losses are increasing.
Mr Kusher said, “The trends reflect the fact that over the past year, home values have increased in all capital cities other than Perth and Darwin. Not so surprising is the result for Sydney and Melbourne; both cities have seen significant increases in home values over recent years and therefore, fewer loss-making resales occurred compared with other capital cities.”
Within the regional areas of the country the proportion of loss-making resales is higher than those within the capital cities. The proportion of loss-making resale’s is currently trending  lower in Regional NSW, Regional Queensland,  Regional Tasmania and is fairly flat in Regional Victoria and higher elsewhere.
<h3>Proportion of total resale’s at a loss/gain, houses vs. units, December 2015</h3>
<img src="https://www.corelogic.com.au/contentAsset/raw-data/79129a89-3943-431a-83c8-5264415a2fce/fileAsset" alt="2016-03-24--Pain_Gain" width="600" height="438">
Mr Kusher said, “Capital city housing markets continue to record a lower proportion of loss-making resales than regional areas of the country. We’re seeing the trend shifting in regional areas with the proportion of loss-making resales trending lower particularly in areas linked to tourism and lifestyle factors.
“Housing markets linked to the resources sector are generally seeing an increase in loss-making resale’s after housing market conditions in many of these locations have posted a sharp correction,” he said.
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The worst regions for loss making property sales: CoreLogic RP Data pain gain report

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The former head of NAB Cameron Clyne, now busy being the Australian Rugby Union chairman, is selling his Southern Highlands weekender, Yarrawa Park.
His Robertson rural retreat has been listed with the intention of upgrading.
Its Harcourts Southern Highlands listing agent Paul Macefield says the weekender is <a href="https://harcourts.com.au/Property/642339/NSL2222/127-Wallaby-Hill-Rd" target="_blank">a 13 hectare property with a equestrian feel</a>.
There's a 20 metre x 90 metre stable complex along with a tack room.
The property has three paddocks with post and rail fencing.
The weatherboard home has four bedrooms, two bathrooms with a wide wrap around verandah. The home enjoys views to the Upper Kangaroo Valley escarpment.
There's an entertainment courtyard with built in BBQ and a large fire pit.
A full sized tennis court occupies the western edge of the property which is surrounded by established gardens, fruit trees, natives and shrubs.
Clyne bought the rural property for $1.3 million in 2010.
It has been listed with $1.395 million hopes.
"This property is the perfect weekender especially for the horse enthusiast, located directly opposite the reknowned Wallaby Hill Horse Trials Equine facility, and close to Yarrawa National Park with bush walking and riding trails," said Paul Macefield.
Clyne resigned from NAB in 2014 after spending five years as the company's CEO.
The ARU chairman has had a lifelong involvement in rugby having represented Victoria in marches against the All Blacks and Springboks.
This article was first published in the Saturday Daily Telegraph. 
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Cameron Clyne lists Robertson, Southern Highlands equestrian weekender

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The penthouse at 65 Cowper Wharf Road, Woolloomooloo has been listed with the price guide of $5 million to $5.5 million. 
It is a three bedroom, three bathroom apartment with three car garaging.
A long list of luxury fixtures and fittings comes with this brand new penthouse, the jewel in the crown of the boutique Fivex development The Anchorage.
Designed by Eeles Trelease Architects, the apartment gets views of the Harbour Bridge, city skyline, the famed Finger Wharf and Woolloomooloo Bay.
Each of the three double bedrooms has its own en suite.
Its super-sized kitchen comes with Gaggenau and Liebherr appliances and a butler’s pantry.
The partly covered terrace faces north-east and there is a second balcony facing west towards the bright lights of the city. 
Brad Caldwell-Eyles at First City has it listed with Rohan Aalders at TGC Residential.
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Woolloomooloo penthouse for sale

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Clive Palmer’s central Queensland cattle station did not sell in its recent rescheduled auction.
Clive Palmer's cattle station near Rockhampton in central Queensland was passed in at its pre-Easter auction.
The highest bid at auction was $1.5 million.
The <a href="https://www.commercialrealestate.com.au/property/0-bruce-highway-marlborough-qld-4705-2012621750" target="_blank">“Mamelon” in Marlborough</a> sits on about 6258 hectares of land 135 kilometres north-west from Rockhampton.
The beef cattle breeding and grazing business was bought by Queensland Nickel industries for $8.2 million in 2010.
Clive Palmer’s cattle station was rescheduled for auction in Rockhampton after the initial auction was called off earlier this month.
Colliers International Brisbane agent Rawdon Briggs said the decision was made an hour before after new documents became apparent.
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Clive Palmer's Rockhampton farm still for sale after postponed auction

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After its disastrous ratings, Channel Nine has moved Reno Rumble out of its 7.30pm timeslot.
A new season of reality show Married at First Sight will replace the renovation program on Mondays and Tuesdays. 
The program – made by The Block's producers - has damaged the stellar reputations of The Block's hosts Scott Cam and Shelley Craft.
Its first episode last Monday drew a 395,000 viewers, compared to MKR's 1.46 million to finish in fourth place. 
Picture courtesy of 9jumpin.com.au
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Reno Rumble cut from prime time

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Cost of funding issues are likely to again force Australia’s major banks and lenders to lift their interest rates out of cycle from cash rate movements by the Reserve Bank of Australia (RBA), says mortgage broker network 1300HomeLoan.
1300HomeLoan Managing Director John Kolenda said despite the possibility of the RBA lowering its record low 2 percent cash rate in response to the rising Australian dollar, the central bank’s actions could be negated by the major banks raising their rates.
“Mortgage holders can expect to be hit again by lenders because of their additional current funding, compliance and provisioning costs,” Mr Kolenda said.
“With continued global economic uncertainty banks have recently seen their cost of funding increase and unless that eases they will have no choice but to pass those increases onto consumers.
“These have been confusing times for borrowers with banks lifting rates outside of the RBA’s deliberations and this looks like being the new normal going forward.
“We saw variable rates last year increased by up to 29 basis points and investor loans by up to 49 basis points. There is likely to be similar increases across the board for owner occupier and investor loans in the months ahead.
“While the RBA has plenty of room to cut its cash rate again, its actions are expected to be made redundant by the banks lifting their rates out of cycle.”
Mr Kolenda said banks are also under pressure to comply with a regulatory increase on reserves by the end of June this year and this has been a contributor to the recent out of cycle increases.
“This is the first time in history we have seen multiple triggers at play outside the RBA’s control that is forcing rate movements and competing with their directions.” 
1300HomeLoan is Australia’s first mortgage broker-owned home loan brand. The brand is an independent network of more than 200 of the most established, experienced, professional and successful local brokers in Australia. The network was founded by industry leader John Kolenda, founding partner and Sales Director of X Inc Finance, and Executive Director of Loan Market Group.
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John Kolenda tips out of cycle rate rises by banks

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GUEST OBSERVER
I recently undertook a month long tour of some major US cities in advance of Investorist opening their first US office in Miami in a few weeks’ time.  Here are some really interesting insights into the significant differences between the Australian and US property markets.
1. TWO AGENTS FOR EVERY SALE
In the US, every property sold has both a 'listing agent' and a 'selling agent’ (known as a buyer’s agent in Australia), and the vendor pays commission to both of them
2. CONJUNCTIVE LISTINGS
US real estate agents mostly work conjunctively and share commission 50/50. They also do not try to compete on commission or undercut each other.  
3. SHARING IDEOLOGY
Unlike Australia, the US property market operates on very much on a ‘sharing' ideology; everyone shares referrals, commission, information, support, advice, etc 
4. SENIOR WOMEN DOMINATE
Many women hold very senior roles in the property industry in the US. This is evident across the board and includes real estate agencies, associations, development companies etc.  It is not unusual to be in high level meetings where ALL the key decision makers are women, whereas in Australian property, it is still a very heavily male-dominated industry 
5. BUILD AND OWN
Developers often build apartment projects to ‘build and hold’, leasing out the apartments after completion rather than selling all as most Australian developers do.  The Australian strata title model is called  condominiums in the US
6. SHOPPING CENTRE LIVING
Whilst still very much a novelty in Australia, many US cities have embraced apartments built on top of shopping malls.  Miami in particular is a city which does this very well.  
7. SPEAKING THE LANGUAGE OF FOREIGN BUYERS 
It is well known that the dominant non-domestic buyers for Australian property are from China and SE Asia. In the US, buyers mostly come from Central and South America.  And many don’t speak English, so marketing to them must be in Spanish and Portuguese.
Jon Ellis is the founder of Investorist and can be <a href="https://www.investorist.com" target="_blank">contacted here</a>.
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Seven significant differences between the US and Australian property markets: Investorist's Jon Ellis

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There were no bids when Lynton, the vacated Rose Bay trophy home of the horse owner and breeder Frank Tagg went to auction, possibly the priciest of offerings on 2016's first super Saturday.
It was the home Tagg's wife Sally bought in 2007 for $8 million from Sydney property developer Piers Dawson-Damer.
Selling agent Ben Collier of McGrath had pre-auction hopes of around $7.5 million pre-auction for the grand 1912 Edwardian home which headlined the 870 weekend auction offerings. The auctioneer Scott Kennedy-Green placed a $7.6 million vendor bid.
It was listed for mortgagee sale under instructions from Westlawn Finance Limited after Tagg hit some currency fluctuation issues.
Sitting on a private 1296 sqm parcel, the unrenovated, but recently repainted, five bedroom, three bathroom house overlooks the Royal Sydney Golf Course.
Tagg, who was an early McDonald's franchisee, made his reputation as he became a highly regarded horse breeding industry player securing great success, winning his first group 1 race, the AJC Oaks, with the filly Circles of Gold in 1995.
Circles of Gold's real value came at stud, as the mare produced seven foals including champions Elvstroem and Haradsun.
In 2011, Tagg his wife Sally and other co-owners sent their beautifully bred mare Hveger to Ireland to foal share at the Coolmore Stud operation.
The former Western Suburbs first-grade footballer had started at McDonald's when he was 27 going onto own several hamburger stores. By 2011 he only had the one franchise given the time and devotion to his racing and charity interests.
Spotted as the first to inspect the Kent Road home on its initial open for inspection last month was the neighbour, Lance Rosenberg, the former Tricom Equities managing director, who bought his mansion from the former Liberal Party leader John Hewson.
His wife was spotted just looking on at yesterday's auction.
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Lynton, Rose Bay passed in on $7.6 million vendor bid

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.”

Jonathan Chancellor

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