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When Anzac Day falls on a Saturday – as it does this centennial year – the law restricts auctions as only permitted in the afternoon.
For many the respect dictates auctions are avoided all together.
But Property Observer has spotted quite a few listings, and indeed APM research analyst Neil Tan confirmed to Property Observer there were 51 scheduled for Sydney and 81 in Melbourne on the Anzac Day weekend.
At Killara, <a href="https://www.realestateview.com.au/Real-Estate/20-garnet-crescent-killara/Property-Details-buy-residential-8526754" target="_blank">20 Garnet Crescent </a>(pictured above) has been listed for 3pm auction through Chadwick's agent Sophie Su.
The typical industry wide practice is to avoid having Anzac Day auctions.
There are therefore some 700 plus auctions scheduled for 18 April in Sydney and 1,000 plus in Melbourne, according to Australian Property Monitors.
With not many auctions booked for the Anzac Day weekend, "the weekend before and after are heavily booked", said Rocky Bartolotto from Auction Services.
Cooley Auctions also noted the trend.
The Cooley Index for March 2015 saw the clearance rate remain in the 80s for the first three months of the year.
Cooley Auctions conducted 615 auctions across the company and the traditional pre-Easter rush delivered an influx with 300 auctions conducted in the last week of the month.
There was a $1.13 million average sale price, auctioneer Damien Cooley said.
{mijopolls 104}
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jchancellor-FAypfDUnLy

Agents ensure Anzac Day auction slim pickings 

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More first time buyers in the United States are turning to parents for financial assistance when buying a home, and the ways parents contribute are likely to shift to some degree, according to a <a href="https://www.prnewswire.com/news-releases/trend-of-parents-helping-millennial-children-buy-first-home-is-on-the-rise-300054767" target="_blank">survey commissioned by nonbank lender loanDepot LLC</a>.
17% of parents with adult children between the ages of 18 and 35 expect to help their children buy a home in the next five years, compared to 13% in the past five years — an increase of 31%.
First time home buyer activity is already close to an all-time low, but the share of home sales attributable to that group would be even smaller if not for the financial assistance parents have provided to many young adults, said Dave Norris, president and chief operations officer at loanDepot LLC.
75% of millennial-age respondents who said they have received financial support from their parents when buying a home said that assistance made it possible for them to buy a home, he said.
But the ways that parents provide this assistance may be shifting, the results suggested.
<div id="attachment_152315" class="wp-caption aligncenter">
<a href="https://inmannews.wpengine.netdna-cdn.com/wp-content/uploads/2015/03/how-parents-are-helping-loandepot.png" target="_blank"><img class="wp-image-152315 size-full" src="https://inmannews.wpengine.netdna-cdn.com/wp-content/uploads/2015/03/how-parents-are-helping-loandepot.png" alt="how parents are helping loandepot" width="881" height="322"></a>
Source: loanDepot
65% of parents who helped their kids buy a home in the last five years chipped in by putting money toward a down payment, with almost two in 10 of that group covering nearly 90% of a down payment, according to the survey.
But only half of parents who expect to help their children buy homes in the future anticipate subsidizing a down payment, with less than one in 10 indicating that they expect to contribute 90% or more of a down payment.
The survey suggests that parents who lend a helping hand to their children who buy homes in the years ahead will be more likely to provide assistance by paying off student loan debt or letting their kids live at home so they can save money than they were in the past, according to the survey.
<a href="https://inmannews.wpengine.netdna-cdn.com/wp-content/uploads/2015/03/obilgation-to-repay.png" target="_blank" style="line-height: 1.3em;"><img class="wp-image-152305 size-full" src="https://inmannews.wpengine.netdna-cdn.com/wp-content/uploads/2015/03/obilgation-to-repay.png" alt="obilgation to repay" width="729" height="238"></a>
Source: loanDepot 
</div>
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United States first time home buyers turning to parents: loanDepot

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Estate agent John McGrath has warned against "the wait until prices go down" sentiment that he says is an emerging trend.
"It always happens in the later stages of a boom and it’s understandable – but waiting “til prices go down” is also a big mistake for buyers to make," said McGrath <a href="https://www.switzer.com.au/the-experts/john-mcgrath-property-expert/the-great-ill-wait-until-prices-go-down-mistake/" target="_blank">on his Switzer blog</a>.
"While there’s plenty of eager buyers around in Sydney right now, we’re also starting to hear about buyers giving up, with the intention of waiting out the rest of the boom."
After two consecutive years of almost 15% growth in Sydney, the real estate veteran said it was understandable that buyers might assume that rapid growth has to end with a fall - or "the mythical ‘bubble’ they keep reading about has to burst".
"But I am not expecting median prices to drop by any significant amount once this boom is over," wrote McGrath.
"The most you’ll see is a slight softening, reflective of less demand, with small price growth in some months and small losses in others, citywide. 
"I think Sydney house prices have got 5-8% growth in them this year alone, so doesn’t it make more sense to buy now and ride the last wave of capital growth, instead of waiting for the boom to end?" 
McGrath suggests the opportunity cost of delaying a purchase "in the hope (and that’s all it is) that prices go down in the area you’re targeting' would already set you back $30,000,if say you were looking at buying a $1 million house in January but you decided to wait.  "According to RP Data stats, that property was worth $1,014,000 by January 31 after 1.4% growth over the month.
"By the end of February it was worth $1,030,224 after another 1.6% growth on top of that. 
"So waiting two months for prices “to go down” has cost you $30,000 already."
{mijopolls 103}
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Slight softening possible, but Sydney's housing 'bubble' not set to burst: John McGrath

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Michael Cameron, the GPT chief executive, has warned the office markets in Perth and Brisbane are moving into a "dangerous area".
"I think there is a sufficient oversupply of money looking for investment into Australia, and investment into Australian real estate, that some of the underlying problems associated with the demand from the resources sector are being overlooked," Michael Cameron told BOSS Magazine, the AFR publication.
"There's the potential for a continual level of overheating,"  he warned, followed by a "dramatic slowdown" in Perth and Brisbane. 
With the end of the resources investment boom, office vacancies in Perth and Brisbane have soared and rents weakened. At 1 January, nearly 15% of Perth CBD offices were empty and in Brisbane over 15%, according to the Property Council. 
Last month the Reserve Bank of Australia warned the risk in the commercial property sector had increased.
Cameron noted commercial property rents had dropped 30% in Perth in the past year compared with a 3% rise in Sydney and Melbourne.
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Perth and Brisbane office markets in dangerous space: GPT boss

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Claims have been made that the new Victorian Planning Minister Richard Wynne had been bullied by the trade union movement into knocking back the Spring Street apartment tower planned by Grocon in the Melbourne CBD.
Wynne acted against the advice of his department, according to claims by the opposition leader and former Planning Minister Matthew Guy.
Matthew Guy claimed the Construction, Mining, Forestry and Energy Union (CFMEU) bullied Richard Wynne to <a href="/news/victorian-planning-minister-richard-wynne-refuses-grocon-application-while-list-awaiting-approval-lengthens">refuse permission for construction of the 43 level tower at 85 Spring Street</a>.
Grocon has been locked in a state of fierce workplace relations war over several years with the CFMEU.
Guy said Wynne's decision had been made after his chief of staff met with union officials about the project.
“Dick Wynne needs to explain why he failed to take his own independent departmental advice and reject a project weeks after his staff met Grocon’s arch enemy the CFMEU,” Guy said.
The 335 apartment project in a sensitive area close to the Bourke Hill heritage zone was ruled as too high and too close to other buildings within the precinct.
Melbourne City Council had not been keen for permission to be granted.
Despite acknowledging on ABC radio that the union had raised its opposition to a CBD tower during a meeting with his chief of staff whilst he himself had been sick, Wynne denied any suggestion that the union had influenced the decision in any way, the website Sourceable noted.
“Any representations that the CFMEU may have made, they were in relation to a pipeline of works for their employees, and any suggestions that the CFMEU played any role in my decision-making is completely wrong and false,” he said.
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Matthew Guy accuses Richard Wynne of being bullied by unions over Grocon refusal

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It's the Central Coast's surprise $70,000 block of land auction.
The vacant residential land holding is at Spencer, about 30 minutes off the M1 near Gosford.
There is a $70,000 plus estimate for its 12 April auction.
Set 20 minutes by boat from Brooklyn, Spencer is a small community on the banks of the Hawkesbury River.
The elevated half acre block is 300 metre from boat facilities.
The sloping 2,169 square metre block with bushland district views.
"All this for the price of an inner city car space," <a href="https://www.mcgrath.com.au/buy/land-spencer-nsw-2775/257062/?searchID=49296383" target="_blank">its McGrath listing agent Tim Eaton said</a>.
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Central Coast's surprise $70,000 block of land auction at Spencer

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National house rents are 2.6% higher at $400 per week, while unit rents are 1.3% higher over the year, currently sitting at $390 per week.
CoreLogic RP Data has noted across the combined capital cities, rental growth has been more moderate, with house and unit rents up 1.2% to $435 per week and $415 per week respectively. 
Rental growth has picked up following the weakness at the end of last year, but Perth and Darwin had rents fall over the March 2015 quarter.
Darwin, which also happens to be the most expensive capital city unit market, saw rents down 5.5%, a $10 decrease to a weekly rate of $630.
Melbourne (2.8%) and Canberra (2.6%) were the strongest performers for the March 2015 quarter. 
CoreLogic RP Data research analyst Cameron Kusher said rental growth over the first quarter of 2015 that Melbourne's rental market for houses led the recovery, up 1.3% to $390, followed by Canberra, up 1.1% to $480, and Sydney, up 1.0% to $53
The apartment market also record slight gains ip 1.3% in the first quarter to $390 nationally.
The rents for units in major capital cities are now pushing closer to the rent for houses, with Sydney apartment rents at $500, Melbourne at $370 and Brisbane at $390.
Kusher anticipates the long term trend, of slowing rental growth, would re-emerge.
"With new housing supply increasing and investor purchasing at record highs, we have seen a significant slowdown in the rate of rental growth over the past couple of years and we expect this trend to continue over the coming year," Kusher said.
As rental growth slows, and house and apartment prices continue to rise, investment yields are being squeezed.
In the March quarter alone, Sydney's dwelling value climbed by 5.8%, Melbourne by 3.5% and Canberra by 4.1%, well ahead of the rental growth rate of around 1% for houses. On the other hand, in the Perth market, the rent for houses stayed flat in the March quarter, ahead of 2.7% negative growth in dwelling values.
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House rents pushing closer to apartment rents: CoreLogic RP Data

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Adman John Singleton is selling his little-used Killcare beach house on the NSW Central Coast.
It was designed next to the Killcare Surf Life Saving Club and almost on the beach by the local architect Karen Burke with skillion roof-lines and extensive glazing.
The interiors were designed by Chrissie Jeffrey with the master suite comprising a study, dressing room, bathroom and private deck, overlooking a small waterfall and bushland.
There is a private observation deck.
Given Singleton's desire to stay at his Central Coast Mt White stud farm, the property has been managed as a luxury holiday house by The Bells Boutique Hotel Group. 
Singleton bought the 80 Beach Drive property for a suburb record of $4.25 million in late 2007. The highest sale since then has been $2.7 million over the past eight years.
It has been listed with Gittoes agents Cathy Baker and Stephen Gittoes.
There have been reports the agents expect bidding to start at $3.5 million at its 9 May auction.
There are about 500 properties and Killcare and 500 at Killcare Heights, according to CoreLogic RP Data.
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Adman John Singleton lists Killcare beach house 

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The veteran Gold Coast developer Jim Raptis plans a comeback.
He has plans to recapitalise the delisted Raptis Group and start a large project opposite the Harbour Town Shopping Centre at Biggera Waters on the Gold Coast.
The 67 year old who has been through several property cycles, has advised the company directors' plan to recapitalise the company to have a minimum of $1 million in cash.
"Research has provided attractive opportunities to resume the previous property development activities of the company and return value to the shareholders," said Raptis.
Raptis has kept a mostly low profile over the past six years after his group collapsed in 2009.
Raptis Group announced on Wednesday it had received the benefit of a "legal clearing of the decks" and "the opportunity to resume trading without any liabilities from the past resurfacing".
The local News Ltd paper suggested it was "its third phoenix-like rise from the ashes of financial disaster".
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Jim Raptis rising from the ashes with Gold Coast recapitalisation plans

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Barrister and former Liberal politician Maurice Neil QC and his lawyer wife Natasha Goulden have sold their Spanish mission-style Double Bay residence, the Taj. 
The heritage listed property, built in 1934 by poulterer Albert Glazebrook, had $7 million plus hopes when initially listed last last year. It sold through <a href="https://sydneysothebysrealty.com/4909154/2-Wiston-Gardens-Double-Bay" target="_blank">Sotheby's International Realty</a>.
It last traded in 2003 for $4 million from the art dealer Marlene Antico.
Its subsequent renovation won the Woollahra Council Conservation Award in 2006. It comes with rare Max Le Verrier light fittings.
The Wiston Garden house was built on the cul-de-sac at a cost of £2,700.
In 2002 it was bought by art dealer Marlene Antico for $2.9 million late last year from corporate adviser Robert Crossman, who put it up for sale with still unimplemented, council-approved Howard Tanner renovation plans.
Crossman had paid $1,705,000 in 1997. 
Neil, born in Manchester, England, was elected to the House of Representatives in December 1975 as the Liberal member for St George, narrowly defeating Labor's Bill Morrison by 56 votes.
In the 1977 federal election he withstood a challenge from the previous member for Grayndler, Tony Whitlam, to retain St George.
Neil was defeated by Morrison in the 1980 election.
The Neils have bought in nearby Darling Point.
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Double Bay's 1930s Taj trophy home sells

A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

Jonathan Chancellor

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