<html><body>
<img src="/images/stories/architect.gif">
- The Real Estate Agents Authority of New Zealand, which  has slammed local agents for <a href="https://www.nzherald.co.nz/residential-property/news/article.cfm?c_id=76&amp;objectid=10756666" target="_blank">claiming houses are "architect-designed" when they are not</a>. 
 
 
</body></html>

jchancellor-FAypfDUnLy

Quote of the week

<html><body>
The so-so September auction results – and associated overly negative headlines – have thwarted the anticipated surge in October listings.
The discretionary vendors of Melbourne and Sydney have possibly postponed listings until 2012.
October stock levels seem set to be down by about 20% on last year in both capitals.
Despite the subdued spring volume, it’s still a buyer’s market, albeit there are the occasional strong prices.
Sydney vendors notched up a 55% clearance rate from its 314 weekend listings.
Melbourne recorded a 53% clearance rate from its 557 listings.
Both capital city clearance rates are down on the same time last year, when Sydney achieved 60% and Melbourne 62% from the corresponding weekend of 2010.
Any late surge in listings in November or December could test the market, which has effectively been in a cooling state of equilibrium now for much of this year.
The most expensive home sold at auction at the weekend was a four-bedroom house in the Sydney suburb of Mosman. Its $3.05 million sale fell well short of its initial $3.7 million plus hopes when it was marketed in August – and well below the then revised expectations of $3.5 million in September. It last sold at $2.6 million in September 2009 and before that at $3 million in 2007.
Things were far more bullish for the most expensive Melbourne property – a double-fronted three bedroom Victorian era house in Hawthorn – which had been quoted by Jellis Craig at between $1.6 million and $1.8 million.
The property was on the market at $1.7 million and sold for $2,225,000.
The Johnson Street vendors knocked back a pre-auction offer of $1.7 million.
Melbourne buyers’ agent Greville Pabst says the reduced volume was due to the vendors holding back in anticipation of improved selling conditions.
“This decision follows months of poor sentiment propagated by media reports of falling house price and delicate economic conditions,” Pabst says.
“While diminished in quantity, there remains a revolving stock of quality properties of various asset classes in high-performance areas across Melbourne.
“Selecting these limited number of properties requires due diligence on behalf of buyers, but is a process that will yield significant long-term benefits if undertaken correctly,” Pabst suggests.
</body></html>

Weekend auction wrap: Where the hammer fell

<html><body>
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/rpsaleslarge.gif"><img src="/images/stories/rpsales.gif"></a>
Click to enlarge
</body></html>

Top 10 sales of the week: RP Data

<html><body>
<img src="/images/stories/goldquote.jpg">
- Journalist Rory Gillen, in <a target="_blank" title="Irish Times" href="https://www.propertyobserver.com.au/https://www.irishtimes.com/newspaper/finance/2011/0902/1224303346122">The Irish Times</a>
</body></html>

<html><body>
It was another humdrum weekend of auctions.
No sparkle this spring. But estate agents will be pleased that the slight increase in volumes has been met with a relatively steady clearance rates.
<img src="/images/stories/57per.jpg">
The weekend auction clearance rate for both Melbourne and Sydney this past weekend. For Sydney, this was just a tick down on the previous weekend's 58%, according to Australian Property Monitors.
Melbourne agents reported a minor improvement with 57% of listings selling, compared with 54% on the previous weekend, according to the Real Estate Institute of Victoria.
 Both results were well down on the 69% on the same weekend last year in Melbourne and the 62% in Sydney last September.
 
<hr>
 
<img src="/images/stories/11500.jpg">
The Real Estate Institute of Victoria says so far this year just over 11,500 homes have sold at auction in Victoria. "This is less than 2010, 2008 and 2007 but more than in either 2009 or 2006," REIV chief executive Enzo Raimondo says. The total Melbourne auctions volume from the weekend was $253 million.
 
<hr>
<img src="/images/stories/747k.jpg"> 
The median Melbourne auction sale was $747,000 for houses. It was $537,000 for Melbourne units. There were 11 vacant Melbourne blocks of land selling at a $293,000 median. 
 
<hr>
 
<img src="/images/stories/593num.jpg">
There were Melbourne 593 auctions on the weekend, compared with the 616 the previous weekend. There is an increase in the number of auctions next weekend to 740 before a reduction for the AFL grand final weekend. 
The REIV says Melbourne's dearest house weekend sales was on Gardiner Road, Hawthorn at $3,580,500. Melbourne cheapest house sales was Hillman Street Laverton at $272,000.
 
<hr>
 
<img src="/images/stories/170m.jpg">
The total Sydney sales volume from the weekend was $170 million. There was an $880,000 median house price from the Sydney sales. 
There was a $570,000 median unit price from the Sydney sales. Sydney's dearest sale was a $2.55 million unit on Wharf Road, Birchgrove through Cobden &amp; Hayson. Sydney's cheapest sale was a three-bedroom house at Eagle Vale, which fetched $274,000 through Ray White Campbelltown.
</body></html>

<html><body>
<img src="/images/stories/ringoffire.jpg">
– <a target="_blank" href="/news">Moody's senior analyst Arthur Karabatsos</a> describing the suburbs where a high proportion of householders had fallen behind on their mortgages. He notes Sydney was the nation's worst-performing mortgage market.
 
</body></html>

<html><body>
<img src="/images/stories/occupy.gif">
- Former president Bill Clinton, to David Letterman
Clinton says the Occupy Wall Street movement reminded him of the early days of the tea party fighting "unaccountable power."
"The Occupy Wall Street crowd basically is saying, ‘I'm unemployed and the people that caused this have their jobs again and their bonuses again and their incomes are high again. There's something wrong with this country. This is not working for me’," Clinton says. "So I think it can be a good positive debate."
But conservatives have dubbed the movement "the flea party".
Earlier in the week at the Chicago's Chase Auditorium <a href="https://www.time.com/time/specials/packages/article/0,28804,2096504_2096506_2096669,00%20#ixzz1ahOVIPWh" target="_blank">Clinton spoke at length on the housing crisis</a>: "This is killing us." He told a Chicago Ideas Week event in a one-on-one talk with the former president and Time managing editor Rick Stengel that he couldn’t understand why devalued property was being dumped into a depressed market throwing Americans out of their homes.
He stressed that mortgage interest rates or leasing options should be made available to home owners who face foreclosure. The priority should be eliminating the bad debt that collectively sinking American home owners, Clinton said.
"If you live on a block where someone else's home has been foreclosed, your home went down in value too. It's affecting everyone."
<a href="https://www.politico.com/news/stories/1011/65846#ixzz1ahMvxzHO" target="_blank">Clinton said an economic boost would only require getting foreclosed homes off the market </a>by offering cash-strapped home owners leases on their own properties with the option to deal back into mortgages later. "We've got to clean this debt up."
</body></html>

<html><body>
Good-quality and affordable family homes in the inner suburbs are often in short supply regardless of market conditions. Consistent demand from growing family and a lack of supply helped 71 Perry Street Fairfield grow by 3% more than the wider market since its last sale in 2003. The opening bid was $1.1 million and was quickly followed by 20 bids of $10,000 in less than a minute before it was sold under the hammer for $1.3 million.
“This result shows that even in a very weak property market some property is still holds up well,” Mark Armstrong from the property auction analysis website propertytycoon,com.au notes.
“The current property market is the perfect time for home buyers to upgrade their family home, because although they may sell their existing property for 5% to 10% less than they could have achieved a year ago they will also buy for 5% to 10% less.
“In dollars terms there is greater benefit in the savings achieved when buying a more expensive property compared to the loss on the sale of a cheaper property,” he adds.
71 Perry Street, Fairfield, VIC, 3018
<img src="/images/stories/perryst.jpg"> 
Sale price: Sold $1.3 million
Agent quote: $1.1 million to $1.2 million
% above agent quote: 7.69%
Bidders: Two
Last sold:  November 2003 for $697,000
Growth since last sale:  8.11%
Median growth:   5.07%
Average tip:  $1,200,998
% Correct tips: 9.72%
<a target="_blank" href="https://www.propertytycoon.com.au/">Property Tycoon</a> allows punters to guess auction results with no outlay.
 
 
 
 
 
 
</body></html>

Weekend auction tipping result

<html><body>
A unique inner-city penthouse is on offer in Sydney this weekend.
There's now a tipping website, <a href="https://www.propertytycoon.com.au/" target="_blank" style="font-size: 14px; text-align: left;">www.propertytycoon.com.au</a>, where punters can guess auction five results in Melbourne and Sydney, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener.
One of the five Sydney properties going to auction in the final round of the competition is <a target="_blank" href="https://www.realestate.com.au/property-apartment-nsw-surry+hills-110270977">29/500 Crown Street, Surry Hills</a>. 
In Sydney Ercan Ersan from Bresic Whitney is auctioning a unique inner-city penthouse apartment. The Crown Street property is just a short walk to the CBD and the large entertaining balcony off the living room has sweeping views of the city.
The property has two bedrooms that both open onto a second balcony. The renovated kitchen and bathroom in addition to a car park cap off what is likely to be a well-contested property. The agent has indicated good interest in excess of $1.2 million.
<img src="/images/stories/crownst1.jpg">
If you think you know what it will sell for place a tip at <a href="https://www.propertytycoon.com.au/" target="_blank">Property Tycoon</a>.
</body></html>

Sydney auction tipping

Shane Warne's Brighton trophy home passed in at weekend auction

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

Jonathan Chancellor

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News