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Orb House in Kew, the noteworthy Bojan Simic Architecture-designed contemporary home, has been sold for $4,928,000.
It had been listed for sale mid-2014 through Kay &amp; Burton agents Sam Wilkinson and Scott Patterson with settlement occurring in the week before Christmas.
Its last published asking price was $4.95 million.
It was bought by Chinese buyers, James Tan and Liping Liu from Applecross, Perth who set up Treasure Prosperity Pty Ltd as their purchasing company.
It first sold for $5 million in early 2011 through Wilkinson.
Set high on the hill in Kew, it was built during 2009 by WAF Constructions on its 582 square metres block at <a href="https://www.realestateview.com.au/Real-Estate/52a-molesworth-street-kew/Property-Details-buy-residential-7199097" target="_blank">52a Molesworth Street</a>.
It is four bedrooms and five bathrooms, with 495 square metres of space. Its facade is a huge wall of glass. There is a giant circle cut-out on the wall behind and a staircase forming an exaggerated zigzag below. 
A curved central spine wall separates the house into two zones: the communal living areas within the curved rim and then its bedroom sleeping zone is positioned beyond.
A circular cut-out in the pergola roof continues the orb theme, as does a dome on its top.
There is a central courtyard model, inspired by dwellings of ancient Pompeii.
The office space on the mezzanine level overlooks a two-storey internal void with views to Studley Park through dramatic two-storey glass curtain walls. 
It was shortlisted for the Australian Institute of Architects 2010 Victorian Awards.
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jchancellor-FAypfDUnLy

Orb House, Kew sells to Chinese buyers, as price goes backwards a bit

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The rubbish-strewn property owned by Sydney’s worst hoarders, the Bobolas family, has been withdraw from tonight's auction.
The Bobolas family had come forward to settle the existing judgments of around $180,000 with the Sheriff's Office on the day leading up to tonight's scheduled auction.
The property at 19 Boonara Avenue, Bondi is prime real estate in the tightly-held beachside suburb, so much so that 64 contracts had been issued during its marketing without a single inspection.
It was expected to sell for $1.8 million plus given the 550 square land size at its proposed Raine &amp; Horne auction. The house was bought in 1973 for $15,000.
The funds had to be received and cleared to stop the auction going ahead. The property had no registered mortgage on its title. Property Observer noted four writs on the title.
It was the first sheriff's auction undertaken by the Raine &amp; Horne veteran Ric Serrao in his 24 years selling Bondi property.
<pre> AT BONDI
 LOCAL GOVERNMENT AREA WAVERLEY
 PARISH OF ALEXANDRIA COUNTY OF CUMBERLAND
 TITLE DIAGRAM <a href="">DP9503</a>

 FIRST SCHEDULE
 --------------
 

 SECOND SCHEDULE (5 NOTIFICATIONS)
 ---------------
 1 RESERVATIONS AND CONDITIONS IN THE CROWN GRANT(S)
 * 2 <a href="">AI745374</a> WRIT BY WAVERLEY COUNCIL. WRIT. NO 2012/00226206.
 ISSUED 2/9/2014. LOCAL COURT
 * 3 <a href="">AI745377</a> WRIT BY WAVERLEY COUNCIL. WRIT NO.2009/00347285.
 ISSUED 2/9/2014. LOCAL COURT.
 * 4 <a href="">AI745378</a> WRIT BY WAVERLEY COUNCIL. WRIT NO. 2006/00301254.
 ISSUED 2/9/2014. LOCAL COURT
 * 5 <a href="">AI745379</a> WRIT BY WAVERLEY COUNCIL. WRIT NO. 2009/00349854.
 ISSUED 2/9/2014. LOCAL COURT.
</pre>
Positioned in one of the suburbs most desirable streets, the freestanding dilapidated house offered plenty of scope to build your dream home subject to council approval.
The land which could become a duplex strata project is a short walk to public transport, local cafes, restaurants &amp; shops.
The property has been the sad centre of controversy for decades with more than $350,000 of Waverley ratepayers money spent trying to control the tonnes of rubbish.
Waverley Council has attempted to address the major public health and safety problems associated with the continual hoarding at the Bondi property over the last 25 years, a council spokesman said on its listing.
“The Land and Environment Court has ordered the owners of the property to pay the costs on each occasion, however, the council has never received payment,” the listing read.
Council have said the situation is a public health and safety issue for the family, and for the nearby residents.
As a result of the civil court judgment, the Sheriff's Office engaged Raine &amp; Horne to conduct the marketing and auction of the property. The auction of the property had been expected to occur on 17 February at 7.30pm at private rooms. The Sheriff sets a reserve price for any such property. The proceeds from the sale are then used to pay outstanding debts that are owed as well as Sheriff and real estate agent costs.
If there are any remaining funds after debts have been paid, then the debtor will receive the rest. Potential buyers were advised that unless the rubbish is removed prior to the sale, then the property will be sold as is. The Sheriff's Office does approximately 20 land sales a year in Sydney. Sheriffs do not initiate land sales, they are simply agents who execute the auction on the order of the courts. Land sales only occur if the debt is higher than $10,000 and there are no other assets. Once a notice of land sale is issued, the debtor can clear the debt of their own accord right up to the day of sale. As often properties are sold with occupants and/or tenants still living in them, buyers purchase the properties knowing they have to apply for a writ of possession at the Supreme Court.
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Sheriff cancels Bobolas hoarders home auction offering at Bondi

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The Reserve Bank (RBA) February minutes noted activity and prices in the housing market continued to be bolstered by the low level of lending rates and strong population growth.
"A range of indicators, including residential building approvals, suggested further growth of dwelling investment in the near term," the minutes read.
"Housing price inflation had moderated from the rapid rates seen in late 2013, but remained high and in Sydney and Melbourne had been well above the growth rate of household income.
"Growth of owner-occupier housing credit had remained around 6% in year-ended terms, while investor credit had continued to grow at a noticeably faster rate."
The minutes noted given the large increases in housing prices in some cities and ongoing strength in lending to investors in housing assets, that developments in the housing market would "bear careful monitoring."
 They noted that it would be important to assess the effects of the measures designed to reinforce sound residential mortgage lending practices announced by APRA in December.
Members noted that the data released since the December meeting suggested that the domestic economy had continued to grow at a below-trend pace over the second half of 2014.
"Members noted that there was considerable uncertainty around the timing and extent of the expected increase in household consumption growth and non-mining business investment. 
"Although fundamental factors such as low interest rates and strong population growth remained in place, they had not been sufficient to see a significant pick-up in the growth of these variables or a decline in the degree of spare capacity in the labour market. 
"In addition, recent data suggested that the expected improvement in economic conditions would occur later than had been previously expected. 
"Members commented that a strengthening in non-mining investment was a necessary element for growth to pick up to an above-trend pace, and noted the importance of confidence in underpinning such an outcome. 
"Indeed, an improvement in the appetite for businesses to take on risk had the potential, should it occur, to lead to much stronger growth in non-mining business investment than currently forecast," the minutes advised.
Those attending were Glenn Stevens (Governor and Chair), Philip Lowe (Deputy Governor), John Akehurst, Roger Corbett AO, John Edwards, Kathryn Fagg, John Fraser (Secretary to the Treasury), Heather Ridout AO and Catherine Tanna. The others present were Guy Debelle (Assistant Governor, Financial Markets), Malcolm Edey (Assistant Governor, Financial System), Christopher Kent (Assistant Governor, Economic), Alexandra Heath (Head, Economic Analysis Department), Anthony Dickman (Secretary), and Peter Stebbing (Deputy Secretary).
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RBA says Sydney and Melbourne house price inflation remains high

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Home builder developers Sekisui House have extended their January offer to buyers with its special summer campaign offering fully ducted air conditioning and $3,000 cash back for New South Wales and Australian Capital Territory homes from their Aurora, Blueprint and Arise collections.
To be eligible, buyers must have paid an initial proposal fee by 28 February 2015, with the specifications of the air conditioning dependent on the type of house selected.
On offer is an Actron fully Ducted reverse cycle air‐conditioning system, including installation, three phase power (up to 6 metre underground electrical connection), external concrete pad and truss strengthening if required.
The offer includes two or three zones only depending on standard house type.
Once Sekisui House has commenced construction on the new package, they'll give eligible buyers $3,000 cash back. The offer doesn't apply to house and land packages or homes with granny flats.
Sekisui House originated in Japan and has thus far invested $1.5 billion in their Australian ventures.
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Developer extends air con offer for home buyers

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There were some 105,000 property transactions across Victoria in 2014, with around 87,000 sales in Melbourne, according to the Real Estate Institute of Victoria (REIV).
Some 43% of sales in 2014 in Melbourne were by auction, compared to 37% in 2013.
During the December quarter 2014, three suburbs - Richmond, Northcote and Strathmore - joined the million dollar median list for the first time.
In 2014, auctions accounted for 60% of all sales within these suburbs.
"As a result of the increased volume of auction sales last year, the median price for houses sold by auction in the 12 months ending December 2014 increased by 7%," REIV chief Enzo Raimondo said.
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43% of 2014 Victorian sales by auction: REIV

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The prospect of including the family home in the pension assets test was not being seriously considered by the Minister for Social Services, Scott Morrison.
He reportedly discussed it with two seniors groups, National Seniors Australia and Council on the Ageing (COTA) Australia last month, but ruled it out this morning.
It was suggested the government had agreed that Baby Boomers, whether retired or approaching, would be exempt from any asset test changes that would be transitional to allow ample time to prepare.
The discussion comes ahead of the upcoming intergenerational report, the five-yearly public service exercise containing the 40-year budget forecasts.
Morrison, who was put in charge of the welfare system in the late 2014 Abbott Government ministerial reshuffle, sounded out seniors groups during talks late last month, according to the report by Phil Coorey at The Australian Financial Review.
But today Scott Morrison said the idea of restricting wealthier retirees' access to the pension by means-testing their homes was not something he was considering. 
"The idea that this Government would put the family home in the assets test for the pension is just not under consideration," he told ABC Radio National this morning.
Instead Scott Morrison said he wanted to encourage older people to move into smaller homes using the money to fund their own retirement.
"There is a big penalty at the moment for people who want to choose to sell the family home and to use income to support them as they age," he said.
"We do have an ageing population and at the moment the system penalises people for doing that."
The 2010 intergenerational report estimated that by 2049-50, age-related pension payments would increase from 2.7% of GDP to 3.9%.
The Grattan Institute estimated in 2013 that including some of the value of the home in the assets test could raise $5 billion a year given pensioner-age households with a $1 million in net assets. 
Labor opposes including the family home in the assets test on the basis that the value of the home depends on where people live.
"A lot of people would live in Sydney, for example, in a house they bought a long, long time ago, which has increased in value. Doesn't mean they are cash rich. It just means they are living in a house in which they have raised their family and which now has a considerable value to it because they live in Sydney," shadow treasurer Chris Bowen said.
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Scott Morrison re-considering family home inclusion in pension assets test

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Former Adelaide Crows star, now a Melbourne Demons midfielder, Bernie Vince has listed his redundant Adelaide home.
The 1970s house at <a href="https://www.realestate.com.au/property-house-sa-lockleys-119019831" target="_blank">59 Rutland Avenue, Lockleys</a> is listed through Gary J. Smith.
It has three bedrooms, a rumpus room, pergola and deck overlooking an inground swimming pool.
Agent Steve Stretch has not given any public price indication ahead of its 1 March auction.
The creamy coloured is close to Harbour Town, the airport, Linear Park and some of the best beaches in Adelaide.
The house on 850 square metres, with subdivision potential subject to City of West Torrens approval, was bought for $660,000 in 2010.
Vince played 129 games for the Crows and won the club's best and fairest award for the 2009 season.
After reluctantly being traded to the following the 2013 season, he finished third in the Demons' best and fairest last year.
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Demons star Bernie Vince lists in Adelaide

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Australia's most easterly home - by only a few metres - set beneath the towering Byron Bay lighthouse, has been listed for 1 April auction.
Rod Smart of Ray White Burleigh Waters is quoting $4 million plus.
<img src="/images/2015/02/16/byron-bay-feb-17-one.jpg" alt="">
Source: Google Maps
The home at <a href="https://raywhiteburleighwaters.com.au/nsw/byron-bay/1263433/" target="_blank">9 Brownell Drive</a>, Byron Bay, is a split-level four-bedroom home, 100 metres' walk from Wategos Beach, and above the walking track, but under the Cape Byron Lighthouse on Australia's most easterly headland.
Its peak season nightly rental rate has been $1,429.
{qtube vid:=d1Kz7JAaFeo}
Byron Bay is 800 kilometres north of Sydney and 170 kilometres south of Brisbane.
It's a prestige trophy home street. Social commentator Craig McGregor and his wife, Jane, sold their Wategos Beach property on the street for $4,475,000 in 2009. Their four-bedroom Brownell Drive house was Ian McKay's first Byron Bay architectural commission. It had been their retreat for 30 years and their permanent home since they sold in Bondi Junction in 2000. It came with a Terry Dorrough-designed addition. It was on the market for six months before Gold Coast orthopaedic surgeon Dr Stephen Rackemann bought it through First National agent Chris Hanley.
At 17 Brownell Drive architect Christine Vadasz designed a distinctive house high above Wategos Beach in 1995.
The street's most recent sale was $5.9 million in May last year when the <a href="/news/wing-house-the-peter-stutchbury-designed-byron-bay-trophy-house-sold">Peter Stutchbury-designed Wing house</a> was sold.
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Australia's eastern most home at Byron Bay listed for Easter eve auction

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The cheapest weekend sale at Sydney auction was $380,000 for a Merrylands apartment.
The 7/23 St. Ann Street, Merrylands flat was leased for $360 per week for the past year or so.
The vendor was moving overseas, the Century 21 listing agent Nick Papas said. It sold prior to auction to a mum and dad investor.
The first floor, two bedroom, one bathroom apartment was marketed as a property "ideal for the first home buyer or smart investor". Century 21 South West Fairfield secured the sale with Papas telling Property Observer he thought the 4.9% yield was pretty good for the market.
There was an 83% weekend clearance rate according to Australian Property Monitors.
Sydney's north west reported a perfect score at the weekend with a 100 percent clearance rate, APM senior economist Dr Andrew Wilson said.
 Next best was the neighbouring upper north shore with 92 percent, followed by the inner west with 91.4 percent and the highest sales at 53. 
The city and east recorded a clearance rate of 89.4 percent with the lower north 86 percent, the northern beaches 85 percent, Canterbury Bankstown 80 percent, the south 78.4 percent, the west 69.4 percent, the south west 67.9 percent and the central coast 50 percent. 
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Merrylands Sydney's cheapest sells on 4.9% yield

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If you are a seller, how much time will it typically take to to sell your house and unit?
CoreLogic RP Data says anywhere between 47 and 106 days depending which capital you are a seller.
Average days on market:
<img src="/images/2015/02/13/time-on-market-feb1-3.png" alt="">
Source: CoreLogic RP Data.
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Darwin vendors waiting 106 days to find apartment buyers: CoreLogic RP Data

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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