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The Killarney Vale couple Kara and Kyal Demmrich - contestants on Channel Nine's The Block Albert Park series - have listed their NSW Central Coast home.
It is home to the keen surfers and their kelpie Jonah, since they bought in 2008, <a href="https://instagram.com/p/ykn5G9yo63/" target="_blank">having married in February 2007</a>.
It has been listed for <a href="https://www.propertyobserver.com.au/https://www.au.open2view.com/properties/341968" target="_blank">24 February auction</a>. 
Meanwhile the latest Block series The Block Triple Threat fell short in its first real test, beaten by My Kitchen Rules with a 1.59 million debut audience and The Block watched by 802,000, in Monday night's OzTam ratings. I am a Celebrity - Get Me Out Of Here - was watched by 755,000.
Agent Chantel Laing-Chadwick at George Brand Real Estate Avoca Beach/Copacabana says its is an "architectural masterpiece".
She emphasised the soaring high ceilings and generous use of open plan living.
"This cleverly designed home is drenched in sunlight from the floor to ceiling windows," said Laing-Chadwick.
It features four bedrooms, plus a study and separate loft area. 
There is a level 715 square metre block with room for a pool. 
Last year the couple appeared in The Block: Fans v Faves as the so-called Super Ks.
Around the time of the April Albert park auction, the couple indicated they were planning to launch a boutique renovations company called Diverse Design and Construct. The couple also suggested they were considering a move from their home in the Tuggerah Lakes precinct.
“We haven’t thought about it too seriously, but our long term goal is to get ourselves as close to the coast as possible. So we’re thinking about selling, maybe in the next 12 months," Kyal told Property Observer.
The Super Ks were given the highest reserve of any apartment – $1.9 million – after a stellar number of winning challenges and room reveals.
But they finished third behind Steve and Chantelle and Alisa and Lysandra on auction day.
None the less they indicated they could pay off the mortgage with their $567,250 in prize money.
And the couple started their own business to help others with home renovations, a goal they had before entering the show.
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jchancellor-FAypfDUnLy

The Block fans Kyal and Kara list Killarney Vale architectural masterpiece

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The Lim family have sold their clinker brick Wolseley Road Point Piper property, kicking off the 2015 prestige sales with a reputed, unconfirmed deal at close to $28 million.
It comes with U-shaped feng shui-inspired building plans, so the bullish price effectively represented lucky land value. A very bullish $41,000 a square metre. 
The hillside near harbour side offering which was<a href="/news/u-turn-as-lim-family-list-hillside-wolseley-road-point-piper-offering"> listed last July</a> came with approved plans for <a href="https://www.raywhite.com/nsw/point-piper/1170391/" target="_blank">a massive Alex Tzannes designed harbour-side home</a> offering 648 square metre of internal living space across three levels with sweeping Sydney Harbour views.
The recent sale, which has yet to be identified on listing websites, came after LJ Hooker Double Bay agent Alain Waitsman seemingly introduced the buyer. 
Elliott Placks at Ray White had the listing which last sold at a hefty $20.55 million in 2008. Apparently they wanted as close to $30 million as the market would offer.
<a href="https://oceaniaproperty.com.au/point-piper.php" target="_blank">The plans had</a> five bedroom suites, each with bathroom and walk-in robe, plus self-contained studio, office, and a state of the art kitchen, butler's pantry, theatre, gym and garaging for four cars.
The property is a 678 square metre holding.
The development application was secured despite the opposition of entrepreneur Phil Green, the Vogliotti family and Bill Webb from across the road.
Julina Lim is from the<a href="https://oceaniaproperty.com.au/about-us.php" target="_blank"> Oceania Property Corporation</a>.
It was 2010 when the Lim family secured Land and Environment Court approval to proceed with the new $3.8 million four-storey home, though they have yet to proceed.
It was easy to lose count but there were six prestige sale in Point Piper last year after the backlog's first sale in June 2014 when the daughter of the late Peter and Ruth Simon, Marion Richmond, sold to Global Renewables chief David Singh and his wife Belinda
Just a week later Ron Medich sold his home, which the Lim's look down on, to the aged-care industry boss Peter Wohl and his wife Jennifer.
Another four sales took place in the second half of 2014.
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Point Piper resumes trophy home sales momentum into 2015 

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Ninth Island, an island in Bass Strait off Tasmania, has been listed for sale, with the marketing aimed at Chinese buyers. Its price estimate is about $500,000.
<a href="https://www.realestateview.com.au/Real-Estate/ninth-island-bridport/Property-Details-buy-residential-8291940" target="_blank">Harrison Humphreys agent Rob Harrison</a> has the <a href="https://www.google.com.au/maps/place/Ninth+Island,+Tasmania/@-40.830145,147.270699,3a,75y,90t/data=!3m5!1e2!3m3!1s95479431!2e1!3e10!4m2!3m1!1s0xaa79b849b976557f:0xf03c94eb451b470" target="_blank">Ninth Island</a> offering. It is not the vineyard that looks towards the island, but has been listed by the same owners, Kreglinger Australia.
The vineyard and label are not for sale.
About 1.3 kilometres long, 550 metres wide, the 16 hectare island is part of the Waterhouse Island Group, lying 11.7 kilometres from the north-eastern coast of Tasmania. 
It is partly privately owned and has been badly affected in the past by grazing and frequent fires, but home to a large mutton bird rookery.
In July 1995 the MV Iron Baron oil spill killed between 2,000 and 6,000 little penguins. 
An earlier maritime incident was <a href="https://oceans1.customer.netspace.net.au/tas-main" target="_blank">Sheerwater</a>, captained by the grandfather of the Crown Princess of Denmark, and native Tasmanian, Mary Donaldson. 
It was 1962 when Captain Peter Donaldson was on voyage from Bass Strait Islands, Tasmania with a cargo of livestock and a crew of five, when she was lost off Ninth Island, Bass Strait. From Whitemark for Launceston via Badger Island with sheep, it was wrecked on a reef just off Ninth Island on 23 August 1962. The crew were saved, but sheep were not so fortunate.  
"This picturesque island is eponymous to Tasmania's leading quality pinot noir brand as the Ninth Island brand take their name from this island as it is viewed from the vineyards," the ad says.
The marketing says it is just a short helicopter flight from mainland Tasmania.
<img src="/images/2015/02/02/island-feb-2-two.png" alt="">
Source: Australian Financial Review
Feature photo courtesy of <a href="https://www.propertyobserver.com.au/https://ssl.panoramio.com/user/2656548?with_photo_id=95479431" target="_blank">Jeff Jennings</a>.
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Tasmania's Ninth Island being marketed to Chinese buyers

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Craig James has raised the possibility another rate cut added to risks of a bubble developing in the housing market.
He doesn't make any conclusion while noting home prices are at record highs across Australia and annual price growth of 8% remains well above the long-term average growth rate of 4.8%.
"The strength of the housing market will clearly feature at the Reserve Bank Board meeting," he said today ahead of tomorrow's meeting.
He was also reacting to the CoreLogic RP Data Hedonic Australian Home Value index jump by 1.3% in January after lifting by 0.9% in December.
"Home prices are up by 8.0% on a year ago, after recording 7.9% annual growth to December," he said.
The index noted the most affordable 25% of capital city suburbs have recorded a gain of 7.3% in January compared to 8.8% across the middle 50% of suburbs and 7.9% across the most expensive 25%.
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Craig James says housing bubble concerns must be under RBA consideration

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Two Australian projects are among finalists for 2015 ArchDaily website Building of the Year Awards.
Lune de Sang Sheds by CHROFI and One Central Park in Sydney's Chippendale (pictured above) by Ateliers Jean Nouvel and PTW Architects were each judged worthy of the top five most popular projects in their respective categories by readers of ArchDaily.
Both projects have been regularly featured on architectural websites.
The rural NSW project <a href="https://architectureau.com/articles/lune-de-sang-sheds/" target="_blank">Lune de Sang Sheds</a> is up against projects from Chile, Spain, and Germany as well as Heatherwick Studio’s Bombay Sapphire Distillery in the industrial architecture category.
In the housing category, <a href="https://architectureau.com/articles/one-central-park/" target="_blank">One Central Park</a>‘s much-talked-about Heliostat is up against The Iceberg by CEBRA + JDS + SeARCH + Louis Paillard Architects in Denmark and Parkrand by MVRDV in The Netherlands as well as projects from Portugal and Brazil.
In all, five finalists in fourteen categories have advanced to the second round of voting, which <a href="https://boty.archdaily.com/us/2015/category/Housing" target="_blank">closes 4 February 2015</a>.
The building with the most votes will be named ArchDaily’s Building of the Year for 2015.
<a href="https://www.propertyobserver.com.au/https://boty.archdaily.com/us/2014" target="_blank">The 2014 ArchDaily Building of the Year Awards</a> was described as a peer-based, crowdsourced, architecture award where the collective intelligence of 60,000 architects filter and recognize the best architecture featured on ArchDaily during the past year.
It has been giving the award since 2009.
It was early 2013 when, in an Australian-first engineering feat, Frasers Property Australia and Sekisui House Australia had elevated a 110-tonne steel frame 100 metres in the air, successfully attaching it to the One Central Park apartment block on Sydney’s Broadway.
<img src="/images/stories/2013/02/heliostat1.jpg" alt="heliostat1" width="470" height="194">
It is considered the most complex part of the construction process in building Australia’s first residential heliostat, 30 months in the making.
<img src="/images/stories/2013/02/heliostat2.jpg" alt="heliostat2" width="470" height="601">
Underneath, 3,000 coloured LED lights have become an eye-catching piece of public art at night, illuminating the residential towers with a light display designed by French lighting artist Yann Kersale.
<img src="/images/stories/2013/02/heliostat4.jpg" alt="heliostat4" width="470" height="313">
 
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One Central Park vies for ArchDaily building of the year

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John McGrath has always been passionate about the property prospects of Sydney's inner ring suburbs.
But last week he went a little further saying suburbs close to the city are becoming so desirable that they will be "hot forever".
The high profile agent stopped short of declaring inner city property prices were immune from price falls.
But the chief executive of McGrath Estate Agents told Fairfax Media these areas would always be attractive to buyers. 
"There is just no end of demand from overseas and local buyers who want to live in those precincts," McGrath said.
McGrath pointed to their proximity to the city, beaches and lifestyle amenities such as art galleries and restaurants.
Interest in the topic was illustrated on the trendolizer<a href="https://australia.trendolizer.com/2015/01/sydney-inner-ring-property-may-be-hot-forever-says-john-mcgrath" target="_blank"> trend </a><a href="https://australia.trendolizer.com/2015/01/sydney-inner-ring-property-may-be-hot-forever-says-john-mcgrath" target="_blank">graph</a>.
"There is sometimes a very minor [price] correction for a small amount of time but generally speaking Sydney is becoming a New York," McGrath suggested.
"It's a big international city and people want to live in it ... and there's very limited stock available. It's always going to be blue-chip and a market leader."
The commentary came with a caveat as McGrath tips price growth in the inner ring will actually lag other suburbs in 2015 because much of it had already "outperformed" other areas in 2013 and 2014.
Bill Randolph, director of the City Futures Research Centre at the University of NSW, warned over-densifying the inner circle will make the suburbs less desirable.
AMP Capital chief economist Shane Oliver the inner ring was affected by "interest rate cycles, recessions, building booms and busts", but felt the impact tended to be far less than the outer suburbs.
Analysis of the past decade by Domain Group's senior economist Andrew Wilson found properties within Sydney's inner 10 kilometre radius had risen 71.5%, compared with 48.4% further out.
From its Paddington origins, McGrath Estate Agents reported December sales figures of $1.02 billion from 1,018 sales for its 62 office network, directly on the back of its 25-year record in November 2014 with $1.27 billion from 1,237 sales. 
McGrath advised that eight offices clocked record sales figures for December.
Sales activity was diverse with 274 sales over $1 million; 65 sales over $2 million and 9 sales over $5 million.
“When we look at the property landscape compared with twelve months ago, property has well and truly rebounded along the Eastern Seaboard, with very strong activity across metropolitan Sydney from Epping in the northwest to Sylvania and Brighton-Le-Sands in the south. The Central Coast is also benefiting from an upsurge in upgraders and investors across all price brackets.
“The strong growth recorded from our Mosman office is in line with our view that the prestige market will perform very well this year off the back of a relatively quiet year in 2014 compared to the rest of the market.”
The top five McGrath offices for growth in the past 12 months were:
<ul>
<li>Brighton-Le-Sands reports $34.6 million (+ 174% on December 2013)</li>
<li>Mosman reports $60.3 million (+167% on December 2013)</li>
<li>Palm Beach (QLD) reports $11 million (+145% on December 2013)</li>
<li>Epping reports $48.4 million (+88% on December 2013)</li>
<li>Warners Bay reports $15.2 million (+87% on December 2013)</li>
<li>Other offices in the group that posted record sales performances for December were:</li>
<li>Sylvania ($25.5 million), Belconnen/Gungahlin in ACT ($23.9 million) and Gosford ($13.6 million).</li>
</ul>
{mijopolls 85}
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John McGrath ignites Sydney's "hot forever" inner ring debate

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Only one of Nathan Tinkler's Patinack properties has been sold, so retailer Gerry Harvey has complained how Tinkler had used him ‘"like a little bank".
Harvey said former billionaire Tinkler had repaid him about $37 million, but the Harvey Norman boss added several deadlines for the full debt to be repaid had "never been adhered to".
"I’m like a little bank for him," Harvey said.
Last August last year, Harvey called in an estimated $40 million debt from Tinkler, with the horses and properties of the <a href="/news/nathan-tinklers-patinack-farms-scheduled-for-october-auction">Patinack Farm thoroughbred breeding and racing empire listed for sale</a>.
Only one Patinack property has yet sold, Banoon in Monegeetta, <a href="/expert-insights/buying/nathan-tinkler-sells-banoon-his-victorian-rural-property">auctioned for $2.5 million last year</a> (pictured above).
The properties at Sandy Hollow and Broke remain on the market.
Harvey holds first mortgages over them with the <a href="/expert-insights/finance/nathan-tinkler-horse-stud-farm-sales-come-with-ato-mortgages">Australian Tax Office also a creditor</a>.
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Gerry Harvey hopes for full repayment from Nathan Tinkler farm sales in 2015

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The McWilliam family has sold three vineyards - across NSW and SA - to Hong Kong-listed group CK Life Sciences for $15.7 million in a sale and lease back arrangement.
McWilliam’s Hanwood Estate winery will remain the home with its family history under leasehold. The <a href="https://www.mcwilliams.com.au" target="_blank">McWilliam's</a> family wine tradition started in 1877 when founder Samuel planted the first vines.
The other vineyards sold were The Station and Kirkgate in South Australia, The Land reports.
Over 135 years, McWilliam’s has championed New South Wales wines and today sources fruit from a variety of regions beyond the Riverina, including Hilltops, Tumbarumba, and Orange. Last year McWilliam's Wines Group returned to 100% family ownership after buying the remaining shares owned by E&amp;J Gallo.
CK Life Sciences has agriculture-related businesses in Mainland China and Australia.
In Australia, CK Life Sciences is the largest supplier of turf management products and services as well as the second largest supplier in the home garden products industry.
The group is the second largest vineyard owner in Australasia and also the largest producer of salt for the domestic market in Australia.
CK Life Sciences has a 72% interest in Belvino Investments Trust, formerly a listed Australian unit trust until delisting in 2011.
There are 13 vineyards in Belvino’s portfolio, along with irrigation water entitlements. Together, these cover around 4,800 hectares of land in Australasia.
Its other vineyards include Australia’s Qualco West Vineyard and three vineyards in Margaret River, as well as New Zealand’s Northbank Millennium Vineyard and Mud House Vineyards.
Spanning some 510 hectares of land, the Qualco West Vineyard is located in the Riverland wine region in South Australia. The Riverland wine region is Australia’s largest wine grape producing region.
The three vineyards in Margaret River comprise the Old Land Vineyard, the Rowe Road Vineyard and the Lionels Vineyard. Located in a premium wine-growing region three hours south of Perth in Western Australia, these three vineyards cover a total area of approximately 300 hectares.
The Northbank Millennium Vineyard has a total land area of about 175 hectares and a planted area of about 130 hectares. It is located at the top of New Zealand’s South Island in the Marlborough area, which represents the country’s largest wine-growing region.
The Mud House Vineyards comprise the Woolshed Vineyard in Marlborough; the Mound Vineyard, the Home Vineyard, and the Deans Vineyard in Waipara; as well as the Claim Vineyard in Otago. These vineyards have a total land area of about 600 hectares, and a planted area of about 380 hectares. They are situated in the key wine-growing regions in the South Island of New Zealand and are famous for producing premium wine.
A majority of the vineyards in CK Life Sciences’ portfolios are committed to long-term leases with major Australasian wine companies.
McWilliam has been selling holdings with its 2013 sale of the Hunter Valley investment, the $1.5 million, 29 hectare Middle Creek vineyard negotiated by Jurd’s Real Estate, Cessnock.
Colliers International suggest the lower Australian dollar and low interest rates would encourage more agribusiness to follow the McWilliams family into selling their property assets and leasing them back.
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McWilliam's vineyards sold to Chinese buyer in lease back arrangement

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The colonial five bedroom trophy home, Macquarie Field House in Sydney's south-west has been listed for sale, marketed as a hobby farm.
It sits on 23 hectares, surrounded by lemon scented gums, an elegant single-storey regency brick home with a wide verandah supported by graceful white columns.
It was once written that Macquarie Field House represented the final flowering of the Australian colonial country house style.
Symmetrical in plan, bold in mass and outline, Macquarie Field House was built in 1838 by Samuel Terry, an ex-convict dubbed the Botany Bay Rothschild.
James Meehan, a freed convict who became deputy surveyor-general, had an association as he'd built the first house built on the site, Meehan's Castle, built circa 1810. Meehan chose the site because it was anaturally fortified rampart with panoramic views, a siting showing Meehan's skill in planning the settlement of New South Wales. A statue of Meehan was placed on the former Lands Department Building in 2011. Meehan, who (1774-1826) had been transported to NSW due to involvement in the <a href="https://www.bbc.co.uk/history/british/empire_seapower/irish_reb_01.shtml" target="_blank">Irish Rebellion of 1798</a>, was responsible for the early towns of Sydney, Parramatta, Bathurst, Port Macquarie and Hobart.  As one of the finest Regency dwellings in Australia,it was later home to Terry's son-in-law, John Hosking, the first mayor of Sydney, who was a member of the Liverpool Committee making recommendations on the route for the new southern railway line in the 1850s. The line to Campbelltown was opened in 1858 and in 1869 a railway platform (later Ingleburn Station) was opened on the Macquarie Fields estate. 
It was government-owned from the 1940s, but fell into disrepair until a conservator, David Jamieson, started restoring it in 1958 when it sat on 273 hectares.
He sold it for $5 million to the Presbyterian Church in 1992, with unfulfilled hopes of turning the house into a feeder school for The Scots College.
Mindful of its blighted heritage record, the council set about to ensure Macquarie Field House sat on decent cartilage, voting 15-0 against an 1999 application for the site from Winten Property Group, then defeating Winten's appeal in the Land and Environment Court.
Justice Dennis Cowdroy said "the integrity of the house and of its setting is in such a precarious position that any development in close proximity to, or which is inconsistent with its preservation would be likely to destroy its heritage significance".
The church entered an arrangement with developer, Peter Ickow's Monarch Investments, to subdivide land north of the house into 130 residential lots.
The property, known as Lot 1 Campbelltown Road, Glenfield, has views to Sydney CBD, the home was built circa 1840. It has solid sandstone foundations and four course brick construction. It features eight fireplaces, sandstone and solid timber flooring, Australian cedar skirting and door frames and 13 foot ceilings.
"An ideal rural opportunity for hobby farmers/horse lovers," the marketing said.
Offers are due by 28 February <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-glenfield-nsw-2167/250784" target="_blank">through McGrath agents Anna Younan and Luke Mannion</a>. More than $4.5 million is expected.
It last sold in 2007 at $1.8 million to the Hutchinson family.
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1840s Macquarie Field House, Glenfield trophy home offering

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Sydney's 70% weekend auction success rate was outdone by Melbourne's 72% clearance rate.
The weekend was the first with reasonable auction offerings, and results from Domain Group's Australian Property Monitors.
There were 97 offerings in Sydney and 59 in Melbourne, where the REIV results have yet to return. Adelaide had more listings, with 69 auction offerings with a 65% success rate.
In Brisbane, on election day, there was a 40% clearance rate from the 60 listings.
The APM dearest sales results
<table style="width: 484px; height: 100px;" border="0" cellspacing="0" cellpadding="0"><tbody><tr>
<td colspan="2">
<table style="width: 475px; height: 96px;" border="0" cellspacing="0" cellpadding="5"><tbody align="left">
<tr id="rpMostExpensive_trMostExpensiveRow_0">
<td id="rpMostExpensive_tdMostExpensiveCity_0" align="left">Sydney</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_0">36 Kara St, Lane Cove North, 4 br H, McGrath $2 million</td>
<td id="rpMostExpensive_tdMostExpensiveSold_0"> </td>
</tr>
<tr id="rpMostExpensive_trMostExpensiveRow_1">
<td id="rpMostExpensive_tdMostExpensiveCity_1" align="left">Melbourne</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_1">7 Crows La, Glen Waverley, 3 br H, Barry Plant Monash $920,000</td>
<td id="rpMostExpensive_tdMostExpensiveSold_1"> </td>
</tr>
<tr id="rpMostExpensive_trMostExpensiveRow_2">
<td id="rpMostExpensive_tdMostExpensiveCity_2" align="left">Adelaide</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_2">9 Hawthorn Cr, Campbelltown, 3 br H, LJH Glynde $540,000</td>
<td id="rpMostExpensive_tdMostExpensiveSold_2"> </td>
</tr>
<tr id="rpMostExpensive_trMostExpensiveRow_3">
<td id="rpMostExpensive_tdMostExpensiveCity_3" align="left">Brisbane</td>
<td id="rpMostExpensive_tdMostExpensiveLocation_3">31 Central Av, Paddington, 2 br H, HAR Ascot $1.11m</td>
<td id="rpMostExpensive_tdMostExpensiveSold_3"> </td>
</tr>
</tbody></table>
</td>
</tr></tbody></table>
The APM most affordable sales
<table style="width: 605px;" border="0" cellspacing="0" cellpadding="5"><tbody align="left">
<tr id="rpMostAffordable_trMostAffordableRow_0">
<td id="rpMostAffordable_tdMostAffordableCity_0" align="left">Sydney</td>
<td id="rpMostAffordable_tdMostAffordableLocation_0">6/31 Marine Pde, The Entrance NSW 2261, 2 br Unit, FN The Entrance</td>
<td id="rpMostAffordable_tdMostAffordableSold_0">$264,000</td>
</tr>
<tr id="rpMostAffordable_trMostAffordableRow_1">
<td id="rpMostAffordable_tdMostAffordableCity_1" align="left">Melbourne</td>
<td id="rpMostAffordable_tdMostAffordableLocation_1">27 Henty St, Pakenham VIC 3810, 4 br House, Stockdale &amp; Leggo Pakenham</td>
<td id="rpMostAffordable_tdMostAffordableSold_1">$323,000</td>
</tr>
<tr id="rpMostAffordable_trMostAffordableRow_2">
<td id="rpMostAffordable_tdMostAffordableCity_2" align="left">Adelaide</td>
<td id="rpMostAffordable_tdMostAffordableLocation_2">50 Mellor Rd, Glanville SA 5015, 3 br House, C21 - Beachside &amp; Lakes</td>
<td id="rpMostAffordable_tdMostAffordableSold_2">$280,000</td>
</tr>
<tr id="rpMostAffordable_trMostAffordableRow_3">
<td id="rpMostAffordable_tdMostAffordableCity_3" align="left">Brisbane</td>
<td id="rpMostAffordable_tdMostAffordableLocation_3">2/19 Haig St, Clayfield QLD 4011, 3 br Unit, LJH Clayfield</td>
<td id="rpMostAffordable_tdMostAffordableSold_3">$419,000 
</td>
</tr>
</tbody></table>
On the same weekend last year Sydney had a stronger 76% clearance rate from 94 listings. Melbourne had 72 offerings and a 72% success rate. This time last year Brisbane had a 49% clearance rate from 57 offering. In Adelaide last year there were 52 offerings with a 57% success rate.
<div>
Bookings for the weekends of February 28 and March 7 will likely see Super Saturday weekends across Sydney, auctioneer Rocky Bartolotto tipped.
</div>
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Sydney's 70% auction success rate outdone by Melbourne's 72% as 2015 selling season gets underway

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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