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The comedian Dave Hughes, and past Block buyer, inspected Block 2020 Brighton houses on auction eve.
His Friday inspection came before tomorrow's auctions of the five New Street houses.
The houses have indicative price guides ranging between $3.2 million and $3.4 million.
"Hughesie is possibly looking at his second one," Scott Cam advised.
"It is just a look," Hughes advised.
"I do the numbers .... they are good buying.
"There's more money spent on them than they get at auction," Hughes told 3MMM's Hot Breakfast.
"They are like the Elsternwick ones....people love living in them," Hughes added advising he currently had a surgeon has his tenants in his Elsternwick investment. 
Hughes <a href="/news/comedian-dave-hughes-buys-the-block-elsternwick-winner-from-josh-and-elyse">bought Elyse Knowles and Josh Barker's house in 2017 for $3.067 million</a>, and earlier this year, the comedian listed the five-bedroom home for rent at $2,000 per week.
Hughesy joked with Marty Fox, who has listed Melbourne local's Harry and Tash's home for this season, about buying another one of the homes from the Elsternwick series.
It was the home that finished runner up on the show for Jason Price and Sarah Windebank. Hughesy initially wanted the home before buying the show's winner, but he ruled out any swoop.
That's now for sale for $3.4 million to $3.74 million, having sold on auction night for $3,007,000.
New South Wales couple Sarah and George (their home pictured above), are favourites to take out the 2020 series of The Block, followed by Jimmy and Tam who scored the most points from the judges throughout the prolonged season.
The comedian was in attendance when the<a href="/news/comedian-dave-hughes-attends-the-block-final-auctions"> Port Melbourne as The Block apartments</a> went under the hammer.
Despite registering to bid for one of the five apartments, Hughes did not raise his paddle during the televised finale.
PREVIOUS BLOCK WINNERS 2003 - BONDI – Adam &amp; Fiona, $256,000 2004 - MANLY – Jamie &amp; Andrew, $178,000 2010 - VAUCLUSE – John &amp; Neisha, $305,000 2011 - RICHMOND – Polly &amp; Waz, $115,000 2012 - SOUTH MELBOURNE – Brad &amp; Lara, $606,000 2013 - ALL STARS (BONDI) – Phil &amp; Amity, $395,000 2013 - SKY HIGH (SOUTH MELBOURNE) – Alisa &amp; Lysandra, $395,000 2014 - FANS v FAVES (ALBERT PARK) – Steve &amp; Chantelle, $736,000 2014 - GLASSHOUSE (PRAHRAN) – Shannon &amp; Simon, $435,000 2015 - TRIPLE THREAT (SOUTH YARRA) – Darren &amp; Deanne, $935,000 2015 - THE BLOCKTAGON (SOUTH YARRA) – Dean &amp; Shay, $755,000 2016 - THE BLOCK 2016 (PORT MELBOURNE) – Will &amp; Karlie, $815,000 2017 - THE BLOCK 2017 (ELSTERNWICK) – Josh &amp; Elyse, $547,000 2018 - THE BLOCK GATWICK (ST KILDA) – Hayden &amp; Sara, $645,000 2019 - THE BLOCK OSLO (ST KILDA) – Tess &amp; Luke, $730,000
 
 
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jchancellor-FAypfDUnLy

Comedian Dave Hughes inspects Block 2020 Brighton houses on auction eve

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<div>The Real Estate Institute of Australia (REIA) has fronted a Senate Economics Committee to give evidence on the Foreign Acquisitions and Takeovers Fees Imposition Amendment Bill 2020. </div>
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<div>REIA President Adrian Kelly has said that fees should be structured to reflect the cost of undertaking the assessment and administration by the Australian Government, instead of imposing unnecessary impediments on foreign investors in the residential property market.</div>
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<div>“Foreign investment in the residential property market is the lowest it has been since 2015 – 2016,” he told the committee.</div>
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<div>“We understand from our agents working in this area the cumulative impact of Commonwealth and State government fees has contributed to decreased demand from foreign investors.</div>
<div> </div>
<div>“It has been our proposal to Treasury, and now this Committee, that fees should be equitable and simply reflect the cost of assessment and processing by FIRB.”</div>
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<div>The Property Council of Australia has also condemned the new proposed fee amounts, that are not set out in the legislation but by way of FIRB fee regulations.</div>
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It noted the cost of applying for FIRB approval for the average developed commercial property transaction under this draft fee regime is set to increase from $26,700 to $66,000 – an increase of almost 2.5 times. For investments valued at just below $1b, the proposed fee increase would be more than nine times the current level.
"These very large cost increases for investment in commercial real estate – a very vanilla investment class from a security perspective – is not justifiable by any policy basis," the PCA advised.
"These proposed increases go far beyond administrative cost recovery and would put Australia at a material investment disadvantage to other countries," it noted.
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<div>The Treasury claimed updates to the fee framework will ensure that the cost of administering the foreign investment review framework is borne by foreign investors, as well as making the fee framework simpler and fairer.</div>
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<div>"While some investors will pay more, they will be the investors proposing to undertake the highest value investments," Treasury advised.</div>
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<div>"The reforms ensure that more of the costs of administering the framework are borne by larger investors and investors that currently pay a disproportionately smaller fee for their investment.</div>
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<div>"In general, fees represent a small proportion of the costs associated with an investment, and this will continue to be the case.</div>
<div> </div>
<div>"The maximum fee for a commercial transaction over $50 million will not be higher than 0.03 per cent of the consideration. For agricultural land over $2 million, it will not be higher than 0.66 per cent."</div>
<div> </div>
<div>Mr Kelly said while CV-19 had attracted a welcome and wide-spread commitment from all levels of Australian governments to deregulate and be more business and investment-friendly, the REIA was concerned the fee-setting framework within the Bill did not meet these best practice policy aspirations.</div>
<div> </div>
<div>“This is not just across the board but for each category of fees,” he said.</div>
<div> </div>
<div>“That is, residential property applications should not be offsetting or subsidising the cost of administration other categories.</div>
<div> </div>
<div>“The proposed fee structure within the ‘Fees’ Bill this Committee is tasked to inquire on ignores all of the above.</div>
<div> </div>
<div>“In short, unnecessary impediments should be removed for foreign investors looking to invest in Australia’s residential property market.”</div>
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<div>“We respect all national security considerations but fees should ultimately reflect the cost of undertaking the assessment and administration.”</div>
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REIA seeks FIRB fee overall given decease in demand

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NSW stamp duty is set to be reformed for the first time since 1985 when the rates were amended.
The government <a href="https://www.treasury.nsw.gov.au/sites/default/files/2020-11/0920-01_NSW%20TSY%20Consultation%20Paper_v6.pdf" target="_blank">is seeking public feedback</a> on the proposal to replace stamp duties with a broad-based land tax.
The change was mooted in the New South Wales state budget.
Treasurer Dominic Perrottet revealed plans to reform the “inefficient property tax system” currently in place, but will await the feedback before any implmentation.
The discussion will centre around transitioning from the current model of a mandatory upfront stamp duty, to one where buyers have the choice to instead pay an annual land tax on new property purchasers based on the value of their land.
The rates are set to vary for owner-occupiers, investors and commercial tenants.
"If implemented, the proposed changes could give you the freedom to choose between paying stamp duty upfront or paying a much smaller annual property tax, when you buy your next home," reads the NSW Treasury website. 
"Removing the upfront cost of stamp duty could remove tens of thousands of dollars from the home purchase process and make it easier for first home buyers, families looking to upgrade and others looking to change their property to save what is needed to purchase their next home.
"Unless you are buying a property, there would be no change. If you have already paid stamp duty on your existing property, you would not be subject to an annual property tax. There would be no double taxation."
The HIA executive director David Bare noted stamp duty was impeding the ability of the population to shift to pursue education and employment opportunities elsewhere. 
“Stamp duty is an inequitable tax which falls on a small cohort of taxpayers who need to move for varying reasons including for employment, education and training, health or financial reasons," Bare said.
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NSW Government seeks to reform property stamp duty

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The Hawkesbury River log cabin once owned by the late Sydney stockbroker, Rene Rivkin is back on the market.
The four-hectare property comes with a price guide of $12 million having been listed by horse-trainer Glenn North and his wife Louise Cordina, the chief executive of Cordina Farms, one of Australia’s oldest chicken businesses.
They paid $4.5 million in 2017 for the estate, at 5501 Wisemans Ferry Road, Spencer, an hour-and-a-half out of Sydney.
It last sold when offloaded by Bob and Wendy Lapointe who bought the Spencer log cabin in 2011 for $1.45 million.
Built by Appalachian Log Homes, the cabin was a favourite getaway for Rivkin, who used to fly or boat in.
The Hawkesbury River property has been listed by agent Deb Cullen and co-agent Trent Iverson, of Harris Iverson Prestige Estates, through an expressions of interest campaign that closes December 11.
It has been for lease on the luxury accommodation platform, Contemporary Hotels, where it seeks $25,000 a week.
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Sentry Rock Estate, the Spencer Hawkesbury River log cabin listed

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A waterfront trophy apartment on NSW’s Central Coast has sold for a record-breaking $2.45 million.
Located at 2/372 Booker Bay Road, the Booker Bay property beat the peninsula region apartment record by $350,000.
The three-bedroom, two-bathroom residence was designed by architect Darren Tve.
Its modern design includes sleek interiors, an oversized outdoor living room and expansive lawns.
The home was ideal as a no-maintenance weekender but was purchased by a Sydney holiday homebuyer who plans to rent the property.
Belle Property’s Cathy Baker, who marketed the listing, said that she has seen an upswing of sales in the region amid the COVID-19 pandemic.
Baker noted a trend of Sydney buyers snapping up holiday houses on the Central Coast.
“We’ve had our busiest winter ever, closing a year’s worth of property sales in two months,” she said.
The homes other offerings included water views framed by Norfolk pines, off-form concrete walls, and heated bathroom floors.
Cathy Baker also holds the listing for the penthouse apartment in the same block, which is now being sold off market.
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Booker Bay apartment breaks records on the Central Coast peninsula

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Dunk Island has been relisted for sale off Mission Beach.
The Brisbane businessman Peter Bond is seeking buyers having repossessed it five months ago after a $31.5 million vendor financed deal with the developer, Mayfair 101 fell over.
Bond said the decision to repossess the island was "not taken lightly".
"Unfortunately under the circumstances we have been left with no alternative but to foreclose," the Bond family spokesperson said in a statement. 
"We have spent several months working with Mayfair in an attempt to engineer a solution. 
"However, despite several extensions to payment terms Mayfair have remained unable to meet their obligations."
JLL Hotels &amp; Hospitality Group’s Nick Roche and Andrew Langsford are the listing agents.
Mayfair 101 had intended <a href="/expert-insights/investing/mayfair-101-to-spend-1-6-billion-on-cassowary-coast-expansion-after-dunk-island-purchase">a $1.6 billion hospitality project</a> on the freehold Great Barrier Reef island which also included 200 mainland dwellings it had agreed to buy up last year.
The island's prior owners include P&amp;O Australian Resorts.
Bond purchased Dunk Island after the Yasi cyclone.
 
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Dunk Island gets relisted by Peter Bond 

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Hospitality veteran, Denis Hagger, has taken a lease within Toorak Village, the popular retail strip in Melbourne, with his landlord now listing the property for sale.

Hagger, who was behind ventures, 25 Toorak Road and Maison Maldon Gourmet Retreat, agreed terms on a three year lease with options at $45,000 per annum or $750sqm net through Teska Carson’s Luke Bisset.

The property is situated opposite Vicland Property Group’s $600 million commercial re-development of Village Way. 

"The property offered an exceptional location within a highly regarded retail and commercial precinct in arguably Melbourne’s wealthiest suburb, with first rate access and exposure via the Toorak Road frontage,’’ Mr Bisset said.

Morley Commercial’s Tom Larwill, who acted for the tenant, said Mr Hagger was looking to embark on a new dine-in and takeaway venture. 

"Denis is planning on opening a French style rotisserie to cater for the increased demand for high quality take away and pre-made meals,’’ Mr Larwill said 

Located at 472 Toorak Road, the property comprises a 60 square metre, ground floor shop with a commercial kitchen, nearly five metres street frontage, a rear courtyard, and on-site parking.  

Toorak Village has more than 270 shops and businesses including fashion boutiques, cafes, fine dining, hair and beauty salons and medical and professional services.

The 472 premises are a two-level freehold of 110sqm which is spread across the ground floor retail and first floor office/studio apartment.

It has been listed for sale, through Teska Carson, returning $45,000 per annum + GST and outgoings, and a potential total income of $80,000 per annum + GST and outgoings.

It last traded at $1,648,000 in 2018, having sold at $1.76 million six years earlier.

Hagger closed his nearby South Yarra restaurant, 25 Toorak Rd, last year, but still operates the Maison Maldon Gourmet Retreat, about 135 kilometres north west of Melbourne.

25 Toorak Road found its replacement tenant in August, having been an Omnia pop-up in the interim.

<h2>Melbourne properties selling now:</h2>

[smartcode_project:default project_id=27241]

[smartcode_project:default project_id=5559]

[smartcode_project:default project_id=89720]
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Denis Hagger to open new Toorak Village eatery 

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An East Melbourne trophy townhome, designed by Rob Mills, remains listed for sale with a price guide over $5 million after hitting the market in early October.
Located at <a href="https://kayburton.com.au/real-estate/townhouse-129-wellington-parade-south-east-melbourne-vic-3002-1463970" target="_blank">129 Wellington Parade South</a>, the four-bedroom, four-bathroom residence sits on the edge of the Melbourne CBD.
Its features include an internal lift, high ceilings and a landscaped garden and pond.
Other offerings include 100sqm of entertaining space with a terrace on each end, with views across Jolimont Reserve and towards the Fitzroy Gardens.
“Outdoor lighting makes this a perfect haven for entertaining night or day”, the home’s marketing reads.
Each bedroom has access to a balcony and the rear two boast views to Federation Square.
The residence was last purchased by Phillip Meade, the owner of engineering company PJM Engineering, and his late wife in 2012 for $3.2 million.
Kay and Burton agent Monique Depierre holds the listing, with hopes of between $5 million and $5.25 million.
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Rob Mills-designed East Melbourne trophy townhome remains listed with a $5 million price tag

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A free-standing tri-level trophy home in Sydney’s Bondi has sold at recent auction for $4,225,000.
There was a $3.8 million opening bid.
Designed by architect Drew Heath, the eco-friendly family home offers five bedrooms and four bathrooms.
Heath specialises in handcrafted buildings with low environmental impact.
It was designed with Japanese influences.
Situated at <a href="https://www.realestate.com.au/property-house-nsw-bondi-134328050">10 Glen Street</a>, the residence follows this trend by utilising wide reclaimed jarrah timber floors from Fremantle woolshed, solar hot water and 5,000 litre water tanks.
The home includes a spa, terrace and a self-contained apartment in the garage that lends itself to independent accommodation or a teenage retreat.
The home, which last traded in 2001 at $655,000, is located a five minute walk to both Bondi and Tamarama beaches.
McGrath agents Simon Exleton and Mackenzie Dale marketed the listing.
The property was briefly listed in 2015 with $2.75 million hopes.
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Eco-friendly Bondi home sold at auction 

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Airbnb's initial public offering details highlights the pandemic hit on bookings.
But its been a long-awaited filing for an initial public offering in the United States showed that revenue growth had been slowing before the coronavirus pandemic.
The company is reportedly planning to raise as much as $US3 billion in December. Reuters reported the company could get a valuation of more than $US30 billion.
Airbnb plans for its shares to trade on the Nasdaq under the symbol ABNB.
Airbnb's bookings bottomed in April, plummeting 72 per cent from the previous year.
By June, bookings were down 21 per cent year-over-year.
Trading in 100,000 cities, the filing states that 70 per cent of the company’s top 200 largest cities have some form of regulation on short-term rentals.
Airbnb had a net loss of $US697 million on revenue of $US2.5 billion for the nine-month period to September 30, compared with a net loss of $US323 million on revenue of $US3.7 billion for the same period last year, according to the filing.
The company's filing also confirmed its gross bookings for the nine months ended September 30 tumbled to $US18 billion, down close to 40 per cent on the same period last year.
Airbnb's offering will be led by Morgan Stanley and Goldman Sachs. 
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Airbnb's initial public offering highlights the pandemic hit on bookings

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Joel Robinson

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

National property developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has appointed BINAH as its construction partner for Quartet, its new Brisbane apartment development in the undersupplied suburb of <a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>.

Located just two kilometres from the Brisbane CBD and moments from key 2032 Olympic precincts, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet</a> will deliver 131 one, two, three, and four-bedroom apartments priced from $1 million to $4.2 million, combining elevated design with a wellness-focused lifestyle offering.&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=368000]

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the appointment of <a href="https://www.apartments.com.au/builders/binah-constructions">BINAH</a> marked an important milestone for the project.&nbsp;

“Bringing BINAH on board as our construction partner will allow us to bring our vision for Quartet forward with a team that has a proven track record of delivering high-quality residential projects,” Thompson said.&nbsp;

“We’ve taken a considered approach to progressing the site because we wanted to deliver the whole package. Buyers ultimately back great developers, great projects and great builders, and with Quartet, we’ve made sure all three line up.

“People want certainty, they want to know the project will be built, that the homes will be delivered as promised, and that the developer stands behind the quality of what they create. That’s something Goldfields has built its reputation on over many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367993]

BINAH’s Managing Director, Khalil Hafza, said the company was proud to be partnering with Goldfields to deliver Quartet.&nbsp;

“Quartet is an exciting project to bring to life, particularly given the level of detail in the residences and the extensive rooftop amenity planned for the building,” Mr Hafza said.&nbsp;

“Our focus is on delivering a high-quality build that brings that design vision to life and creates homes residents will enjoy for many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367999]

The facilities at Quartet have been feared towards the roof, with a&nbsp;25 metre lap pool, spa, sauna and cold plunge, and a communal barbecue area and alfresco.

Town planning was designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by Melbourne-based architecture firm Cera Stribley.

<a href="https://www.apartments.com.au/interior-designers/cera-stribley">Cera Stribley</a> Co-Founder and Managing Principal, Dom Cerantonio, said the project responds to both its riverside setting and Brisbane’s evolving urban character.&nbsp;

“Quartet has been designed to sit comfortably within its riverside context, offering a refined take on urban living through well-planned, generously proportioned residences that will stand the test of time,” Mr Cerantonio said.&nbsp;

“An emphasis on natural light, natural textures and carefully selected finishes from timber and marble to premium appliances, creates calm, considered interiors designed for comfort and long-term liveability.”&nbsp;

Construction of Quartet will commence in July 2026, with completion anticipated in Q4 2028.

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Construction to commence on 131-residence tower designed around wellness-focused living

Goldfields appoints BINAH for Quartet apartments in Milton

The first partnership between national developer <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> and Adelaide-based developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> has made a strong start, with the pair securing $21 million in unconditional sales at <a href="https://www.apartments.com.au/new-apartments/one-four-four-hutt-adelaide-144-hutt-street-adelaide-sa-5000">One Four Four Hutt</a>&nbsp;on the edge of the Adelaide CBD.

Over a third of apartments have been snapped up in the boutique 44-apartment project on the corner of Hutt Stret and Wakefield Road. Local downsizers and owner-occupiers wanting to remain in Adelaide's tightly-held southeast quarter have been the most prominent purchasers.

The DKO-designed, mixed-use development is one of the few new apartment projects in the precinct, an area where new housing supply has remained limited despite continued demand from buyers wanting to stay close to the CBD, Victoria Park and Adelaide's established east-end amenities.

[smartcode_project:default project_id=151233 project_image_fid=375378]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

"The level of early commitment reflects the confidence local buyers have in the Hutt Street precinct," Dendrinos said.

"Many purchasers are long-term east-end residents who love the area and want to stay connected to the neighbourhood. They recognise the value of a well-designed, well-located development.

"Our partnership with Otello has been central to this success, and the number of unconditional sales at this stage only strengthens our confidence in the South Australian market."

[smartcode_project:default project_id=151233 project_image_fid=375379]

Otello Director Daniel Harris said the sales result also highlighted the lack of new apartment opportunities within the Hutt Street precinct.

"One Four Four Hutt has clearly resonated with buyers, with strong early sales reflecting both the appeal of the Hutt Street corridor and the lifestyle on offer," Harris said.

"The activated ground-floor retail has also been a key drawcard, with purchasers responding to the vision of a more vibrant and connected streetscape, not just the residences themselves."

One Four Four Hutt will deliver 44 one, two and three-bedroom apartments, alongside a collection of penthouses, above a ground-floor retail offering designed to further activate the Hutt Street precinct.

Construction is scheduled to commence in the third quarter of this year, with completion anticipated in 2028.

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Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

Jonathan Chancellor

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