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One of the largest farms in the Western district of Victoria has been listed for sale at Dundonnell on a walk in walk out basis.
<a href="https://mtfyans.com.au/historic-overview/" target="_blank">The Mt Fyans Aggregation</a> covers 5,900 hectares amassed over 25 years by the Earl and Countess of Stradbroke.
There is an 1880s eight bedroom historic homestead featuring a 70 foot hallway. In 1883 William Cumming commissioned Warrnambool architect Andrew Kerr to design the elaborate homestead, which was completed the following year. An earlier homestead, and woodshed, had featured in a <a href="https://shop.nga.gov.au/cards/greeting-cards/mt-fyans-homestead" target="_blank">Louis Buvelot</a> painting held by the National Gallery of Australia.
Water is a dominant feature of the property, which boasts springs, dams, bores and a storage capacity of over 800,000 litres.
A pumping system drives water through some 90 kilometres of 50mm poly pipe and feeds approximately 190 troughs.
<a href="https://www.realcommercial.com.au/property-commercial+farming-vic-dundonnell-501469923" target="_blank">CBRE’s</a> Danny Thomas and Duncan McCulloch have the listing, taking offers until 24 April.
"This is a once in a generation opportunity to acquire an institutional-scale asset in this region, along with a renowned Black Angus herd of some 2,800 breeders and 2,000 sheep for prime lamb production,” Thomas said. 
“The recent shift in currency settings has activated a large pool of new buyers and we are anticipating strong interest from a multitude of investors looking to secure one of Victoria’s most distinguished properties.” 
The homestead at 1037 Darlington-Nerrin Road, Dundonnell, in the Moyne Shire, was built on the back of the ­success of Geelong Brewery. 
Title Tattle recalls the Earl prefers to go by the name Keith Rous. He left England and his family’s Suffolk estate more than five decades ago to settle in Sydney.
“We bought it because we were in NSW during the drought, so we wanted somewhere with a good water supply," his wife, Rosie Rous told News Ltd.
“And because we could put the large family portraits in it.” 
Title Tattle hadn't realised where the couple had been for the past two decades or so since selling up in Paddington in 1989 when they sold to Sir Eric and Lady Neal.
Not quite as far back, Title Tattle recalls the Earl of Stradbroke's bought a three-hectare Khancoban snowfields retreat. It was the Snowy Mountains Hydro-Electric Authority's Visitors Cottage - the Queen stayed there for three days in 1963 - which cost $211,000 in 1994.
There was a story of course behind why the young Earl came to Australia - he'd been asked to leave Harrow, the exclusive English public school, for running a book.
His father was a former Lord Lieutenant of Suffolk and had been private secretary to the Governor of Victoria in 1946-47.
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Mt Fyans farm listed by dinky-di Earl and Countess of Stradbroke

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Fashionista Peter Weiss hopes to secure $15 million for his Wollumbi estate in the NSW Southern Highlands.
It comes complete with cattle paddocks, vineyards and olive groves on the 1500 acres (600 hectares) on Uringalla Creek.
Weiss, who turns 80 later this year, and his wife Doris, have built up their cattle stock of initially the Black Angus breed, but then Red Angus.
The herd stands at 450, and Weiss operates an IVF program to further develop the stock. 
<a href="https://wollumbiestate.com.au" target="_blank">Wollumbi</a> produces up to 6000 bottles of pinot gris and 3000 bottles of pinot noir in a good season, and he recently told the Australian Financial Review sparkling wine is coming.
The $15 million hopes would match the Southern Highlands pastoral record set in 2007 when Reg Grundy bought Comfort Hill along the highway at Sutton Forest from Michael Ball. 
The couple are set to split their time between their Woollahra terrace and a Palm Beach weekender.
 
Image source: Wollumbi Estate. 
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Peter and Doris Weiss list Wollumbi in the NSW Southern Highlands

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Treasurer Joe Hockey, launching the government's discussion paper on tax reform in Melbourne today, has refused to rule out changes to negative gearing.
He says he disagreed with the long held perspective of the economist Saul Eslake.
However <a href="https://bettertax.gov.au/files/2015/03/TWP_combined-online.pdf" target="_blank">the paper said</a> negative gearing played a contentious role in driving up property prices when combined with the 50% discount on capital gains.
"We haven't done what our predecessors did and start ruling things out," Mr Hockey said.
"We are putting the whole system down and asking what could be done better," he said.
Negative gearing was a hot topic on last Monday night’s Q&amp;A on the ABC.
Hockey, then and this morning, cited that when the Hawke government did away with it, rent prices shot up in some parts of Australia.
Laura Tingle in the Australian Financial Review noted the Abbott government had "thrown open the doors to a broad-ranging debate on tax reform – from changing the rate and base of the goods and services tax to increasing capital gains tax, reducing superannuation concessions, removing dividend imputation, and dealing with bracket creep by indexing income tax thresholds."
Joe Hockey said the discussion paper marked "the start of a conversation about how we bring a tax system built before the 1950s into the new century" as globalisation and the rise of the digital economy had the potential to render Australia's heavy reliance on income taxes unsustainable.
<a href="https://www.abc.net.au/am/content/2015/s4207069.htm" target="_blank">Earlier on the ABC's AM</a> he was asked by Michael Brissenden: "So are these things in the mix in the conversation - the super tax, and negative gearing?" JOE HOCKEY: "Well we haven't done what our predecessors did and start ruling things in and out, because if you're having a fair dinkum conversation with the Australian people, everyone should be fully informed about what the pressures are on the tax system, everyone should be fully informed about the success or otherwise of individual taxes, and everyone should be able to express an opinion.  And if you go to the website bettertax.gov.au, people will be able to see all the information there and be able to express a view."  MICHAEL BRISSENDEN: "So negative gearing is in the mix, then?" JOE HOCKEY: "Well again, it's so tempting to get into this rule-in, rule-out situation."
MICHAEL BRISSENDEN: "Okay."  JOE HOCKEY: "We're putting the whole tax system down, all the concessions down, and asking Australians for their opinion about what could be done better."
Peter Martin in The Age noted that rather than critiquing the practice known as negative gearing, which allows Australians to write off against their income tax losses made from rental properties, the Treasury calls into question the tax arrangements that makes it profitable. 
"Since late 1999, capital gains tax has applied to only half of the profit made when each rental property is sold. 
"The paper says it is this arrangement rather than negative gearing itself that is driving investment in rental properties," the economics commentator at The Age noted.
The white paper advised the tax treatment of investment properties is the same as it is for investment in any asset that produces a mix of current income and capital gain.
"That is, the rental income is taxed at the individual’s marginal tax rate as it is earned, while generally only half of the capital gain is taxed, and only when the property is sold (or realised in some other way).
"Investment properties are the third most popular saving vehicle after the family home and superannuation.
"Many of the reasons people invest in housing over other assets have little to do with the tax treatment.
"However, the role of the tax treatment in driving investment in real estate and the impact that this has on housing supply and affordability is a contentious issue.
"One issue that is contested is the role that ‘negative gearing’ plays in driving investment in rental properties." (See the charts below). 
<a href="https://propertyobserver.com.au/images/2015/03/30/Picture%2034.png" target="_blank"><img src="/images/2015/03/30/Picture%2034.png" alt=""></a>
 
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On the family homes, the paper noted the family dwelling is both a consumer durable — a house provides benefits over time like a washing machine or a television — and also a savings vehicle.
Australian households hold 43% of total household assets in the value of the family home.
Of the 7.8 million households living in private dwellings in Australia in 2011, 5.2 million or 67% owned their own home (with or without a mortgage) and a further 2.3 million were renting either privately (25%) or in social housing (5%).
"Like most other OECD countries, Australia taxes owner-occupied housing more favourably than other types of investment (including dwellings purchased purely for investment).
"Both the ‘imputed rent’ — in other words, the value of housing services a home owner receives from their own home — and capital gains on the property are exempt from income tax; Chart 4.1 accordingly shows the effective tax rate of zero."
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"This makes it an attractive vehicle for saving. The primary home is also exempted from the means-test for transfer payments.
"While the family home is exempt from paying land tax, it is subject to stamp duties and municipal rates levied by local and state governments.
"Given the central importance of the home for Australian families, there is a strong consensus that it would not be appropriate to tax either the imputed rent on owner-occupied housing or capital gains derived from it." 
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Joe Hockey says negative gearing tax reform can't be ruled out, but the family home is off limits 

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Lend Lease's Armadale development, Toorak Park attracted strong downsizer buying interest at its weekend launch.
It comprises 448 apartments and 18 townhouses.
Around 60% had sold by Sunday afternoon at an average price of more than $1 million, following the Marshall White marketing campaign.
The Australian Financial Review noted Lend Lease's managing director of urban regeneration Jonathan Emery suggested the result indicated Melburnians are looking for high quality options to downsize or simply purchasing a standout investment property.
The <a href="https://www.toorakpark.com" target="_blank">luxury residential apartment development </a>named Toorak Park is on a 2.5 hectare site beside Toorak Park.
Designed by Denton Corker Marshall and Carr Design Group, the 16 building project will feature landscape architecture by Tract.
The Toorak Park project will include a publicly accessible boulevard with direct access to Toorak railway station, <a href="/expert-insights/buying/lend-leases-toorak-park-project-coming-to-armadale">Property Observer previously reported</a>.
Lend Lease's national head of Apartments Ben Christie said the site was one of the best qualities of the project.
One, two and three bedroom apartments are available. One bedroom apartments will range from 55 square metres to 88 square metres, two bedroom apartments are sized from 75 square metres to 107 square metres, and three bedroom apartments range from 115 square metres to 148 square metres.
The project is expected to be completed in 2018, with a display suite now open.
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Lend Lease secures strong downsizer buying interest in Toorak Park project

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Alba Longa, the restored Queen Anne style home on Burwood's Appian Way, sold at weekend auction for $4,725,000.
<a href="https://www.propertyobserver.com.au/https://www.randw.com.au/property/0000248690" target="_blank">There were $4 million plus</a> hopes for the six bedroom, four bathroom 1907 home, so the eight registered parties had no chance of plundering the trophy home offering.
Indeed only three bidders actually got the chance to compete after the $3.8 million opening bid.
It was renovated in 2003.
The 1,796 square metre holding sold through Richardson &amp; Wrench Strathfield selllng agent Chris Virgona who rightly advised Appian Way is regarded as one of the most exclusive addresses in Sydney. Some 300 turned up to the weekend auction, including the locals who interrupted their mid-afternoon tennis game on the court that sits within the leafy precinct.
One of Sydney's most outstanding bungalow precincts, the Appian Way was classified by the National Trust of Australia in 1977. In the centre of the street is a picket-fenced recreation area that originally consisted of a pavilion, tennis court, croquet green and bowling lawn. In 1909, the croquet lawn was removed and a tennis club established. The weatherboard pavilion is a gracious reminder of the precinct's early days.
Property Observer columnist Margie Blok once noted Appian Way houses were designed so the occupants could view the recreation area from their front veranda.
The garden suburb Alba Longa listing cames with all the internal period features – marble and cast iron fireplaces, stained glass and leadlight windows, picture rails and ceiling rose.
It last traded for $1,008,500 in 1997. Built in the Queen Anne style with an octagonal tower above the nook of the drawing room, Mrs Mowbray Forrest lived there from 1907 until 1911, Henry Moses occupied the house between 1911 and 1914, and then Hedley Dawborn moved in and lived at Alba Longa until 1925.
The wealthy industrialist George Hoskins - who had lived at Burwood since 1893 in a magnificent mansion that he built, called St Cloud - developed the Appian Way as a model residential area.
In keeping with the Appian Way theme, Alba Longa takes the name of an ancient city of Latium in central Italy.
 
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Tennis interrupted as Alba Longa, the Appian Way, Burwood trophy home sold

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The bathing box 6 on Brighton's Dendy Street Beach sold at weekend auction at a record $276,000.
The beach box is located near the Brighton Lifesaving Club, which reasonated with buyers.
The selling agent John Clarkson of hockingstuart marketed <a href="https://www.realestateview.com.au/Real-Estate/bathing-box-6-dendy-street-beach-brighton/Property-Details-buy-residential-8489600" target="_blank">the very blue and yellow bathing box</a>, with $150,000 plus expectations.
"It was a stunning result," he told Property Observer. 
Last year, he had sold a new Brighton bathing box, 57a, <a href="/news/vic/200-000-plus-hopes-for-bright-new-bathing-box-on-brighton-beach">for $215,000</a> having had a lengthy history being the first to auction one in 1999, for $58,000.
It was his 16th sale of one of the bathing boxes that existed in Brighton as far back as 1862. There were five bidders at yesterday's auction.
The previous highest known price for a Brighton bathing box was set in 2011 at $260,000, brand new, infill box which was bigger than normal. The rising prices come despite new infill bathing boxes being built on an ongoing timetable by the local council, mostly at the other end of the beach.
Although the bathing boxes of Brighton are iconic postcard imagery for Melbourne tourism, there are dearer bathing boxes elsewhere in Victoria.
In Portsea, the record for what they call boat shed dates back to 2011 when $585,000 was paid.
At an <a href="/expert-insights/buying/no-record-as-portsea-boatshed-fetches-553-000-at-australia-day-2015-weekend-auction">Australia Day auction this year</a>, one sold for $553,000.
Some bathing box sales are done privately with the price kept under wraps.
<a href="/news">The weekend result </a>was amid the Brighton sales list which the REIV had as ranging from a $715,000 apartment to a $1,905,000 house.
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Record $276,000 paid for Brighton Beach bathing box

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Victorian cricketer Brad Hodge sold his Toorak apartment.
The Bruce Street apartment fetched $1.3 million through Marshall White agent James McCormack with five bidders competing for the art deco offering.
Bidding began at $1 million on the three bedder and was declared on the market at $1.275 million.
It is in the block of 14. It last sold in March 2010 for $1.025 million.
It is a much traded apartment have previously also sold at $890,000 in 2007; $701,000 in 2003; $545,000 in 2001; $337,500 in 1995; $212,000 in 1987; 165,000 in 1984 and $110,000 in 1982.
A Melbourne auction clearance rate of 79 per cent was recorded this weekend compared to 76 per cent last weekend and 69 per cent this weekend last year.
There were 1291 auctions reported to the REIV today.
 
 
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Batsman Brad Hodge sells Toorak apartment for $1.3 million

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The weekend's cheapest sale in Sydney was a 23 square metre Surry Hills studio apartment. The dearest at Sans Souci at $6.5 million.
The median Sydney house price was at $1.26 million and the median apartment price sold at $755,000.
These were two results among the record 87.5% election day auction success rate as Sydney’s supercharged housing market was on the brink of breaking the all-time record listings.
It has been eight weeks now above 80%, probably the hottest auction market since Sydney held its first auctions in the colonial 1800s.
Around 1128 homes were scheduled to go under the hammer with the results in accounting for 872 offerings.
Final numbers are likely to break the previous record of 1111 recorded on the same pre-Easter Saturday last year.
Maroubra was the most popular Sydney suburb for auctions with 17, which included 45/77 Broome Street at $822,500. The price guide had been $725,000 plus.
Randwick had 15, Pymble and Mosman each with 14 and Redfern, Hornsby and Strathfield each with 13 auctions scheduled.
Cooley Auctions secured two Randwick sales - at $780,000 and $1.2 million - and two Redfern sales - at $915,000 and $1.2 million.
Cooley Auctions had 129 properties selling 107, in what auctioneer Damien Cooley described as the strongest market he have seen in his 15 years in real estate.
The auction of 9 Shadforth St, Mosman saw a $1.82 million with auctioneer Robert Klaric, from Auction Services, knocking it down for Chris Dale First National North Sydney who had the five registered bidders.
The upper north shore hosted the most auctions this weekend with 166 closely followed by the city and east with 163 and the inner west with 161. The south has 153 auctions listed with the lower north the next highest with 113, Canterbury Bankstown 85, the west 77, northern beaches 74, the south west 55, the north west 35 and the central coast with 27.
"Auction numbers have been rising this year as the market enters its third year of boom-time conditions," APM senior economist Dr Andrew Wilson said.
After the auctions he tweeted: "Incredible result from amazing market."
He has previously noted the February cut in official interest rates – the first move in rates since August 2013 – had improved confidence with rising buyer activity being reported in most capital city markets."
Last weekend Sydney hosted 715 home auctions which was higher than the 682 listed over the same weekend last year. Last weekend’s initial record result of 86.1%was adjusted down to 84.3%, according to the latest APM results.
The Surry Hills apartment pictured above sold pre-auction to an investor through Oz Combined Realty agent Peter Ozerskis, who suggested its rental return could be around $420 per week as a permanent rental or $650 plus as a casual executive rental. He said it was 23 square metres, plus a four square metre storage space.
The ground floor unit had strata levies of $773 per quarter; council rates of $242 per quarter and water rates of $180 per quarter.
The weekend's highest sale notification was $6.5 million through McGrath of 73 Vista Street, a 2,121 square metre waterfront estate at Sans Souci with views across Kogarah Bay and the Georges River.
The property (below) with 34 metre waterfrontage level lawns had been tightly-held by the same family since 1942. 
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Surry Hills $330,000 studio the cheapest as Sydney soars to 87.5% record auction success rate

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A Melbourne clearance rate of 79% was recorded this weekend compared to 76% last weekend and 69% this weekend last year. 
There were 1291 auctions reported to the REIV today.
The Real Estate Institute of Victoria (REIV) was expecting about 1,400 auctions in 309 suburbs today.
The top sale was $3.9 million in <a href="https://www.realestateview.com.au/Real-Estate/25-montclair-avenue-glen-waverley/Property-Details-buy-residential-8416740" target="_blank">Glen Waverley when a four bedroom house </a>on 1154 square metre in the exclusive GWSC catchment was sold through Woodards.
The second top sale was at Fitzroy when <a href="https://www.realestateview.com.au/Real-Estate/191-gore-street-fitzroy/Property-Details-buy-residential-8452042" target="_blank">191 Gore Street</a> (below) – which had been a set for the hit TV series Offspring – sold at well above reserve through Arch Staver of Nelson Alexander who secured $3.58 million on a home that had fetched $2.41 million five years ago.
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<a href="https://www.realestateview.com.au/Real-Estate/41-tower-road-balwyn-north/Property-Details-buy-residential-8578216" target="_blank">A Balwyn sale</a> in the REIV top five was secured pre-auction at $3.45 million.
Brighton was the top auction locations with 23 auctions, followed by Reservoir and St Kilda with 21 auctions in each. 
The 1,600 auctions scheduled sat between the two record auction weekends, when 1,682 auctions were held in October 2014 and 1,529 auctions were held in December 2014.
Last weekend the REIV clearance rate was 76 per cent when there were 1205 auctions reported to the REIV.
One of the weekend listings was the elevated home at <a href="https://www.realestate.com.au/property-house-vic-beaumaris-119122255" target="_blank" style="line-height: 1.3em;"></a>21 Bolton St, Beaumaris (below) with glass lift that connects its three levels. But it was passed in on a $3.4 million vendor bid.
<img src="https://i3.au.reastatic.net/800x600/abe03cb508447649a8ca8527f491667303e74469f2370f05b6217920eb4180cf/main.jpg" alt="21 Bolton Street, Beaumaris" title="21 Bolton Street, Beaumaris" data-index="0">
The house, with four bedrooms, three bathrooms, three living areas and a kitchen with butler’s pantry was offered by agent Nick Jones at Chisholm &amp; Gamon Black Rock who had expected it to sell for more than $3.4 million. 
TOP 5 HOUSES 
1. 25 Montclair Avenue, Glen Waverley $3,900,000 2. 191 Gore Street, Fitzroy $3,580,000 3. 12 Swinton Avenue, Kew $3,450,000 4. 41 Tower Road, Balwyn North $3,450,000 5. 84 Kinkora Road, Hawthorn $3,160,000 
TOP 5 BARGAIN HOUSES 
1. 2 Casey Avenue, Sunbury $271,500 2. 164 Gap Road, Sunbury $278,500 3. 7 Seventh Avenue, Rosebud $295,000 4. 2 Heyington Boulevard, Carrum Downs $325,000 5. 26 Epstein Street, Reservoir $330,000
TOP 5 APARTMENTS 
1. 4 Corhampton Road, Balwyn North $1,900,000 2. 6 Balmoral Avenue, Kew $1,711,000 3. 4/156 Beaconsfield Parade, Albert Park $1,670,000 4. 4/2 Male Street, Brighton $1,650,000 5. 103 Carpenter Street, Brighton $1,600,000 
TOP 5 BARGAIN APARTMENTS 
1. 3/45 Oakleigh Road, Carnegie $230,000 2. 14/11-17 Park Street, St Kilda West $230,000 3. 3/95 Dawson Street, Brunswick $260,000 4. 6/231 Dandenong Road, Prahran $275,000 5. 2/68 French Street, Lalor $280,000
Source: REIV
 
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Fitzroy Offspring series setting ranks as weekend's second highest Melbourne sale

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A three-level townhouse in the former R. M. Crockett &amp; Son cricket bat factory at Seddon failed to sell at weekend Jas Stephens auction.
A $700,000 vendor bid came from auctioneer Branko Lemaic today.
A second vendor bid of $720,000 prompted the the two-bedroom conversion being passed in. 
<a href="https://www.realestateview.com.au/Real-Estate/3-138-charles-street-seddon/Property-Details-buy-residential-8437510" target="_blank">The reserve price</a> has been signalled as $769,000 for 3/138 Charles Street.
In the 1960s the firm of R.M. Crockett &amp; Son came under the control of the Slazenger. 
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<div>A Melbourne auction clearance rate of 79 per cent was recorded this weekend compared to 76 per cent last weekend and 69 per cent this weekend last year.</div>
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There were 1291 auctions reported to the REIV today.
 
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Bumper day, but with no bat or ball players, RM Crockett cricket bat factory residential offering passed in

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" />

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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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