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The Smorgon family heirs Norman and Tania Smorgon have failed to achieve Melbourne’s record house price when they sold earlier this month in Toorak for close to $20 million.
They initially wanted $25 million for their trophy home as they undertook repeated sales campaigns. The latest tender closed 10 December.
The six bedroom 750 Orrong Road, Toorak estate comes with a tennis court and pool on its 5,450 square metres.
The Smorgons paid $3.05 million in April 1995 for the 1920s home which was sold by the family of the then Polish businessman Abe Goldberg. 
Goldberg's daughter, Mrs Deborah Lea Furst, paid $3.95 million in 1987, and thought the property had been sold in 1991 for $4.1 million, but Title Tattle recalls the deal unravelled.
Furst's husband, Zev Furst, was briefly a co-director with Abe Goldberg of the textile giant Linter Group, which produced such labels as King Gee, Speedo and Stubbies.. It collapsed in early 1990 with debts of around $1.3 billion.
There was talk of a $20 million sale in October this year, but it didn't eventuate. The sale price would need to surpass the $19.8 million paid for the nine-bedroom Avon Court mansion on Shakespeare Grove, Hawthorn in May which holds the year's top sale mantle.
Norman Smorgon heads Escor, their private company that manages the family's interests. 
The Escor Group was created by the family of Eric Smorgon, the late co-founder of Smorgon Consolidated Industries.
Eric Smorgon's grandson is Norman Smorgon. Eric Smorgon's family quit Russia in 1926 to escape Stalin and anti-Semitic sentiment.
They arrived in 1927 at Port Melbourne on the Kommisar Romel, settling in Carlton where young Eric began work as an electrical apprentice.
The $24 million achieved in 2010 by the Baillieu family remains Melbourne's top sale when a St Georges Road trophy estate sold to property developer Harry Stamoulis.
Marshall White selling agent Marcus Chiminello would only confirm its sale to Fairfax Media, not its reputed sale price.
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jchancellor-FAypfDUnLy

Smorgons fall short of Melbourne residential record with near $20 million Toorak sale

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James Packer’s Crown Resorts has paid $50 million for an interest in a development site opposite its Melbourne casino complex.
The joint ­venture will be with the Melbourne property developer Schiavello Group.
The site is four adjoining parcels of land in <a href="https://www.schiavello.com/news/schiavello-crown-resorts-join-forces/" target="_blank">Queensbridge Street, Southbank</a>.
Crown and the Schiavello Group are in the process of negotiating joint venture arrangements and finalising designs to develop and construct a new luxury five-star hotel and apartment complex.
It has been agreed in principle that Crown has the right to acquire and manage the hotel on completion and that the Schiavello Group has the right to acquire an office and showroom area within the complex.
The parties will share the 600 apartment development 50:50, Schiavello Group chairman Tony Schiavello said.
"This is an extremely exciting partnership and iconic Melbourne project which follows the soon to be completed Prima Tower and Abode Apartment projects," he said.
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Schiavello Group teams with Crown Resorts on Southbank site

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The 360 Capital Office Fund has exchanged a conditional contract to buy 576 Swan Street, Richmond, Melbourne for $46.5 million, reflecting an initial yield of 7.7%.
The property is located within the Botanicca Corporate Park, set five kilometres from the Melbourne CBD.
Completed in August 2013, the A-grade building provides 8,331 square metre of net lettable area with 217 car spaces.
It is fully leased to GE Capital Finance and Forever New Clothing.
Its leases subject to fixed reviews, averaging 3.5% per annum.
The contract is conditional upon approval of the form of landlord deed of covenant by major tenant GE Capital Finance.
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576 Swan Street, Richmond offices sold for $46.5 million

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The eco-friendly Waverley home conceived by architect Caroline Pidcock now comes with $2.55 million expectations after failing to sell at recent auction.
The home marketed as "bright and breezy", has two bedrooms either side of the downstairs bathroom with two further bedrooms and a bathroom upstairs.
The back garden of 135 Henrietta Street has pedestrian access to Prospect Street.
The pre-auction estimate was $2.4 million plus through Phillips Pantzer Donnelley.
<a href="https://www.ppdre.com.au/buying/NSW/Eastern-Suburbs/Waverley/House/1P0768" target="_blank">The property</a> last traded for $620,000 in late 1998.
135 Henrietta Street was built in the 1920s and renovated on its 266 square metre block in 2010.
The CoreLogic RP Data puts the<a href="/news"> suburb median</a> at $1,655,000.
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Waverley Caroline Pidcock inspired eco-friendly home fails to sell

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Around $700,000 was being tipped for the latest offering in the 1920s Potts Point building, Gowrie Gate.
The 504/115 Macleay Street apartment boasted quality finishes along with Bridge and Opera House views.
The 54 square metres apartment was sold by Vicki Laing and Simon Polito at Laing Real Estate who secured the $797,000 under the hammer.
The apartment was <a href="https://laing.com.au/597664/" target="_blank">designed by residential </a><a href="https://laing.com.au/597664/" target="_blank">architect Daniel Boddam-Whetham</a> and was shortlisted for the 2011 RAIA Interior Architecture prize.
Its levies were administration $233 per quarter and the sinking fund at $539 per quarter.
 
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Daniel Boddam-Whetham-designed Gowrie Gate, Potts Point apartment sold

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Architect Adam Tugendhaft's Caulfield North home has been sold following its weekend auction.
It comes with distinctively Turkish styling.
The property at <a href="https://www.realestateview.com.au/Real-Estate/21-lumeah-road-caulfield-north/Property-Details-buy-residential-7957924" target="_blank">21 Lumeah Road</a> comes with six-bedroom home, including a self-contained apartment.
There are vaulted ceilings and open-plan living spilling to hotel-style outdoor entertaining.
Gary Peer's Darren Krongold had issued a pre-auction price guide of $3 million plus. No sale price has been issued.
It was last traded for $2.15 million in late 2012 when bought by Nicole Tugendhaft.
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Architect Adam Tugendhaft's Caulfield North home sold

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Housing price growth had slowed a little, the December minutes of the Reserve Bank of Australia noted.
But there continued to be considerable regional variation, with housing price growth strongest in Sydney.
"Members noted that credit to owner-occupiers was growing at a pace only a little above that of income, but that growth in credit to investors was considerably higher," the minutes said.
"The available data suggested that dwelling investment was likely to subtract a little from growth in the September quarter.
"However, building approvals and other forward-looking indicators of residential building activity continued to suggest that dwelling investment would contribute to growth in coming quarters. 
"Aggregate housing price growth had slowed a little."
The RBA board members noted that the strength in the housing market and data on retail sales, for example, indicated that household consumption growth was likely to have picked up a little from the pace recorded in recent quarters.
However, they recognised that the labour market had remained subdued and that this was restraining growth in labour income.
The unemployment rate had risen over the past six months, employment growth had been somewhat below the pace of population growth and wage growth had remained low in the September quarter.
The members also noted that conditions in the Australian residential mortgage-backed securities market were strong at present, with high levels of issuance and relatively tight pricing. 
"Competition in the deposit market had continued to ease and interest rates on certain savings accounts had declined noticeably over the past year or so. 
"Lending rates on the stock of outstanding housing and business loans remained at historically low levels," the minutes advised.
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RBA notes considerable regional price growth variation

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Sydney has between 10%-20% growth left in the upward residential cycle over the next few years, according to estate agent John McGrath.
"Periods of ups and downs are to be expected, particularly after a big surge in prices, so next year we might see some months where median prices rise and fall," he said.
"Prices could be fuelled by share market fluctuations, economic factors and interest rate movements."
McGrath tipped after "incredible" price growth in Sydney in 2013 and 2014, he was "expecting the market to slow down in 2015 but not go backwards".
He affirmed his high hopes for the Brisbane market <a href="https://www.switzer.com.au/the-experts/john-mcgrath-property-expert/whats-in-store-for-property-in-2015/" target="_blank">in the Switzer blog</a>.
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Sydney residential price growth will slow, but not go backwards: John McGrath

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A cash retention trust scheme is scheduled to protect New South Wales sub-contractors in the event of a large construction company collapses in response to the Collins Inquiry.
The NSW Fair Trading Minister, Matthew Mason-Cox announced the retention trust proposal as the first of its kind in Australia.
"NSW will become the first state to protect payments for subcontractors by requiring construction companies to hold retention money in a trust fund," Mason-Cox said.
“Head contractors will be responsible for holding retention money in their own accounts, and NSW Fair Trading will be checking audit reports that require head contractors to show they are keeping trust accounts as required.
“This will end the widespread industry practice of using subcontractors’ trust money for the head contractor’s working capital purposes."
NSW Fair Trading has released a draft regulation and regulatory impact statement, which is now open for public consultation.
The scheme will initially apply to head contractors and their direct subcontractors for projects valued of $20 million plus.
The NSW government would commence a full review of the Security of Payment Act in 2015, which would be an opportunity for a comprehensive revision of security of payment laws.
The $40 billion construction industry in NSW was a major contributor to employment and growth in this state, Mason-Cox said. 
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NSW subcontractors cash retention trust scheme proposed for construction company collapses

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The mixed-use development, ICON in the Northshore Hamilton precinct in Brisbane’s inner north, has been granted approval by Economic Development Queensland.
The project features 567 residential apartments; a five-star 227-room hotel, retail and restaurant precinct as well as a civic plaza, Hamilton Place.
Approvals were obtained by the private property trust ­Wentworth Equities.
It is a $650 million luxury mixed-use development will be built on the 7637 square metre site at 19 Hercules Street, which was purchased from Mirvac for $19.8 million.
It sits within Economic Development Queensland’s 304 hectare master planned community, Northshore Hamilton. 
Wentworth Equities executive ­chairman Sameh Ibrahim says ICON will be the jewel in the crown of Australia’s largest waterfront urban renewal project.
Wentworth Equities directors Simon Slavin and Ruven Laps were involved in the transformation of a large industrial waterfront site at Sydney’s ­Homebush Bay at Fairmead Pty Ltd's bayside community now known as Wentworth Point.
Architectural firm Custance designed the four tower ICON development located seven kilometres from Brisbane Airport and 100 metres from the Brisbane Cruise Ship Terminal.
Custance design director Craig Shelsher said ICON’s design was based on four key principles - water, people, place and connectivity. 
 <img src="/images/2014/12/16/ICON%201%20-%20conceptual%20artist%20impression.jpg" alt="">
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ICON gets approval for Brisbane's Northshore Hamilton

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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