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Following yesterday's announcement of cuts to its budget, the Australian Broadcasting Corporation (ABC) will undertake a comprehensive review of all its property holdings.
The portfolio is estimated to be worth about $700 million.
Already is has been decided Lanceley Place, Artarmon in Sydney, will be sold.
It is not yet known if the building or just the carpark will be sold.
It was maintained because it houses the ABC helicopter, sets and wardrobe storage and the ABC outside broadcast vans, which are also to be phased out.
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jchancellor-FAypfDUnLy

ABC to sell Lanceley Place, Artarmon property

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There were $1.3 million plus hopes when a warehouse apartment went to weekend auction in Fitzroy.
It was within one of the former MacRobertson's Chocolate Factory premises.
The three bedroom, two level apartment sold with its price undisclosed through the Nelson Alexander agency. 
The <a href="https://www.domain.com.au/property/for-sale/house/vic/fitzroy/?adid=2011550108" target="_blank" style="line-height: 1.3em;">top-floor warehouse apartment</a> came with exposed brick walls, original windows and soaring ceilings.
The 50/183 Kerr Street property sold in 1998 at $320,000.
{qtube vid:=GEszGAugmyA}
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Fitzroy warehouse apartment offering takes the undisclosed chocolates

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A new home at Castle Hill in Sydney's Hills district has fetched a record $3.4 million prior to its forthcoming auction.
The six-bedroom mansion at <a href="https://www.mcgrath.com.au/buy/house-castle-hill-nsw-2154/244086/?searchID=44847366" target="_blank">142B Castle Hill Road</a>, with views to the Blue Mountains, sold through David Choy from McGrath Estate Agents Castle Hill.
It was being marketed with $3.2 million plus hopes.
Located in the in the exclusive First Farm Estate, it breaks a four-year price high in the suburb.
Previously, $3.1 million was paid for 19 Kathleen Avenue in 2010.
Recent sales have also included 62 Balintore Drive, which sold for $2.5 million in May this year, and 5 Lomond Place, which fetched $2.45 million last year. 
The 2,000 square metre property comes with mosaic tiled wet edged gas heated swimming pool with spa and lap area. Thee is a tennis court and gym and a six car-garage.
Set over three-levels, the home has 80 squares of internal space including a marble double-sided fireplace in the living room.
The bedroom accommodation on the top floor has a master suite that has its own fireplace, a balcony, walk-in wardrobe and dressing room.
The property was purchased by a large family.
The block cost $1.8 million late last year.
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Castle Hill trophy home sets suburb record price at $3.4 million

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A top floor Lakemba one bedroom apartment was the cheapest sale across metropolitan Sydney at weekend auction.
<a href="https://www.domain.com.au/property/for-sale/apartment-unit-flat/nsw/lakemba/?adid=2011538894" target="_blank">It fetched $395,500</a>.
It was marketed as Lakembs's largest one bedroom unit, given its 98 square metre size.
It came with two balconies, a renovated kitchen and a bathroom.
There was also a lockup garage.
The Knapton Property selling agents were saying it had a potential rental of $350 per week, reflecting a 4.5% yield.
It last sold at $277,000 in July 2011, reflecting 11% annual growth.
It is not the highest sale in the block of 10 as $410,000 was achieved mid-year, but that was a two bedder for tamden garage space for two garages. It sold to an investor who put it up at $410 a week.
The weekend auction top bidder was a first time buyer who will rent it out for a short time while they remain in Singapore was the apparent buyer, up against a neighbour.
Bidding went to the mid-$350,000s, with around 15 bidder parties, then it was the two bidders left to battle it out.
 
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Lakemba one bedder sells at $395,500, but was Sydney's cheapest weekend result

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The Channel 9 Mornings co-presenter David Campbell, his wife Lisa and their toddler Leo are on the move as the family expects twins.
They have sold their Redfern apartment for $950,000 and bought at Elizabeth Bay.
The two bedroom, two bathroom Marian Street, Redfern apartment (pictured above) with one car space cost $750,000 in 2010 when sold by <a href="https://www.belleproperty.com/13P1845" target="_blank">Belle Property</a>.
This time it never hit the market.
It was in the same complex as his singer sister, Mahalia.
Property Observer gleans the couple have paid $2,325,000 for an Elizabeth Bay apartment.
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Channel 9 Mornings presenter David Campbell trades up from Redfern to Elizabeth Bay

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The effervescent Sydney property developer Ian Hayson died suddenly at the age of 69 last Monday of a heart attack.
He leaves an impressive property lineage back to the 1960s.
In the early 1970s, he and his father, Tom undertook Australia's first highrise serviced apartment complex, the 33-storey Golden Gate development on Queensland's Gold Coast, far exceeding the then highest 12 storeys.
Again with his father, Tom, he was responsible for developing the $2 billion Harbourside Shopping Centre at Darling Habour, which was opened by Queen Elizabeth in 1988 having cost $110 million to build on what was then no man's land, old wool stores bought from John Elliott's Elders IXL, saving Pyrmont Bridge along the way.
Title Tattle recalls first coming across Ian Hayson in late 1986 wearing his 'Good On Ya Darling' Harbour tee-shirt with pride - worn as a reaction to the then prevailing carping towards the pioneering project.
There was later the $300 million Skygarden retail and office project on the Pitt Street Mall that topped off the late 1980s heyday.
The father and son team even sought out international prospects via Merlin International Properties Ltd, listed on the London Stock Exchange. Brighton Pier's restoration was one on the agenda though the early <a href="https://www.piers.org.uk/pierpages/NPSbrightonwest" target="_blank">1990s recession stopped that initiative</a>.
In the end Ian Hayson had returned to where he started - buying up buildings to strata them into apartments or retail space. 
Hayson, who like his father changed his surname from Jacobs, began his career as a door-to-door salesman then onto marketing strata conversion apartments from the late 1960s.
The office was at 523 Military Road, Mosman, but his erudite property speculative reputation grew especially around Sydney's lower north shore and Kings Cross.
The family quickly became the biggest developer of existing real estate renovating 2,000 plus apartments annually. Father Ross Jones told the funeral gathering that Ian had been responsible for some 16,000 abodes over the years.
At the Top of the Town, Darlinghurst, around 2000 he was in the syndicate that converted the former landmark 101-room hotel with developers Allen Linz and Robert Whyte. He sold off the apartments through Cramer agent Erle Cramer, with whom he stayed in near-daily contact over the next decade and more. 
More recently Ian Hayson undertook The Crescent in Kings Cross and ERA in Potts Point. 
Title Tattle last spotted him lunching with Robert Whyte in Potts Point only last month, <a href="https://haysongroup.com.au/default.aspx" target="_blank">not far from his headquarters</a>, where perhaps they were discussing their most recent Chatswood venture. 
In the very early 1980s, there was even the opportunity to step up buying the historic mansion Boomerang in Elizabeth Bay, together with a adjacent hectare of waterfront land, including Berthong and three blocks of flats, which he subdivided and then onsold the house for a then-record $1.05 million. 
<div class="cT-imagePortrait">
<img src="https://images.theage.com.au/2014/11/19/6005154/Article%20Lead%20-%20narrow6334998611ptv1image.related.articleLeadNarrow.353x0.11pt5u.png1416373244299.jpg-300x0.jpg" alt="Ian Hayson [left] with the Queen at the 
opening of Harbourside Darling Harbour" style="display: block; margin-left: auto; margin-right: auto;">Ian Hayson [left] with his father Tom, and the Queen at the opening of Harbourside Darling Harbour. Photo: Dare To Dream by Kevin Perkins
</div>
Then said  to be worth $80 million, according to Business Review Weekly, he caused a stir in 1984 by marrying the so-called red bikini girl, Russian defector Lilliana Gasinskaya, who splashed into Sydney Harbour from a porthole of a Soviet liner in 1979 during the Cold War and went on to star in Penthouse magazine. The couple live in Cremorne, where Liliana was a familiar sight, driving a Mercedes with the numberplate, Omen. They split four years later.
The Riverview-educted Hayson leaves three children, Melissa, Justin and Ben, by his first marriage, and his third wife Natalie and their four children, Jack, Max, Ruby and Sam. Family and friends were invited to attend Ian's funeral service, Tuesday 25 November 2014 in the Dalton Memorial Chapel of St Ignatius College Riverview, Tambourine Bay Road Lane Cove.
He will be remembered always beaming, his welcoming smile creasing that well-worn, well known visage.
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Veteran Sydney speculator Ian Hayson leaves innovative property lineage

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Mosman, the Point Nepean region and Albert Park have notched up the highest level of residential renovation approvals over the past year.
The number of Australian home owners undertaking renovations on an annual basis has hit a recent four year, post-GFC high, according to research released by Westpac.
Some $600 million worth of residential renovations and conversions were approved in August 2014. 
Westpac noted of home owners who renovate to make extra room, more than a third choose to renovate instead of move as they do not want to pay stamp duty fees (36%) or do not want the inconvenience or cost of moving home (36%). 
But the key is that 71% simply want to stay in the same area.
The Westpac Renovation Report, compiled by RP Data and Sweeney Research, has Sydney's Mosman with $76 million as the most renovated location (by value approvals) in Australia. No details are given as to the number of houses under renovation.
The Victorian Point Nepean region - around Portsea and Sorrento - came in second with more than $41 million in residential approvals over the past year for the pricey location at the most westerly point of the Mornington Peninsula, in Victoria.
“Favourable market conditions across Australia means that many home owners have seen the value of their properties rise.
"As a result, one quarter of Australians have been able to service additional borrowings to tap into this added value and extend or improve their home further and stay in their preferred location rather than moving to a bigger home elsewhere,” said Gai McGrath, Westpac general manager of retail banking.
While 64% of renovators still finance their home improvements through savings, some 26% of those aged 18-54 are choosing to finance their renovations by increasing or topping up their home loan.
“Existing home owners who may once have looked to upgrade into a new home are choosing instead to renovate, adding desired rooms, features and cosmetic changes," Gai McGrath said.
“This can be a smart investment strategy as it means avoiding the costs associated with upgrading to a new home, like moving services and stamp duty.
“If you are renovating, not only are you improving your current surroundings and tailoring your home to suit your needs, but it can also add value to your property if you come to sell in the future.”
Top areas for renovation (by value) in Australia over the past 12 months (RP Data):
<table style="width: 460px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" nowrap width="229">
SA2 Region
</td>
<td valign="top" nowrap width="96">
State
</td>
<td valign="top" width="192">
Value of residential approvals 12 months to August 2014
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Mosman
</td>
<td valign="top" nowrap width="96">
NSW
</td>
<td valign="top" nowrap width="192">
$76,357,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Point Nepean
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$41,765,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Albert Park
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$41,371,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Brighton
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$35,255,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Coogee - Clovelly
</td>
<td valign="top" nowrap width="96">
NSW
</td>
<td valign="top" nowrap width="192">
$33,468,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Richmond
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$32,341,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Toorak
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$32,083,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Hawthorn
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$31,714,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Malvern - Glen Iris
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$31,692,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Willoughby - Castle Cove - Northbridge
</td>
<td valign="top" nowrap width="96">
NSW
</td>
<td valign="top" nowrap width="192">
$29,259,000
</td>
</tr>
</tbody></table>
RP Data compiled Australian Bureau of Statistics dwelling approvals data from 2004 to present, using projects where the value of work done was at least $10,000. 
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Mosman, Portsea and Albert Park are reno central

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The property developer Crown Group secured a sellout when the initial offering at its Sydney by Crown project were put to the market on the weekend. 
The new $250 million tower will be built at 161 Clarence Street in the Sydney CBD. Prices started at $826,000.
<div class="ProfileTweet-header u-cf">
<div class="ProfileTweet-authorDetails"><a href="https://www.propertyobserver.com.au/https://twitter.com/IwanSunito/status/536035479339012097" target="_blank"><img src="/images/2014/11/24/tweet-12-nov-24-one.jpg" alt=""></a></div>
</div>
Crown Group sold 95 per cent of its first and final release of apartments as more than 500 eager property buyers flocked to the official launch with a total of $173.1 million in apartments sold.
Construction of Sydney by Crown will begin in early 2015 and is scheduled for completion in late 2017.   A selection of less than half a dozen apartments remain available for sale, with prices undisclosed.
It was a residential site long abandoned by Multiplex which had proposed in 2004 a Tonkin Zulaikha Greer-designed building called Atria.
There were <a href="https://instagram.com/p/vsYgllEviO/" target="_blank">same-day launch events</a> in Sydney, Jakarta and Singapore for apartments in the 220-apartment tower, overseen by Crown Group director of sales and marketing Adam Sparkes.
Designed by Koichi Takada Architects, the 25-storey building will feature heritage-inspired lower levels transitioning to a modern glass-and-steel tower, capped with dozens of steel arches.
These are a reference to the iconic Sydney Harbour Bridge and Sydney Opera House, forming a striking addition to Sydney’s skyline, Crown Group CEO Iwan Sunito told Property Observer.
Sydney by Crown will also be home to a collection of Crown Suites serviced apartments.
The apartment sizes (approx) are:
<ul>
<li>
Studio 44-55 square metres from $826,000
</li>
<li>
One bedroom Plus study 50-59 square metres 
</li>
<li>
Two bedroom 64-76 square metres 
</li>
<li>
Two bedroom, plus study 82-89 square metres 
</li>
<li>
Three bedroom 94-104 square metres 
</li>
<li>
Penthouse 142 square metres
</li>
</ul>
The penthouse, 142 square metre on the top floor of the building, will be marketed as likely to sell at just below $50,000 per square metre.
Back into 2004 the abandoned Multiplex proposal came with pricing that failed to excite buyers after the investor frenzy of 2003.
The 106 apartments on offer at Atria came with Multiplex's 2004 pricing:
Studios $358,550 to $433,450
One bedroom (some with studies) $474,700 to $712,050
Two bedroom $691,850 to $798,100
Two bedroom plus study $711,950 to $855,700
Three bedroom plus study $1.75m
 
 
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Sydney by Crown on Clarence Street secures sellout in four hours

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Foreign property ­buyers in Australia will not be slugged extra stamp duty, as modelling by the Parliamentary Budget Office has concluded the charge would be self-defeating.
But the federal government is being asked to consider a $1,500 application fee to process their purchasing paperwork.
Kelly O'Dwyer's parliamentary committee has concluded the prospect of additional stamp duties would likely kill off the market for foreign buyers.
The stamp duty issue will not be formally recommended by the parliamentary committee into housing affordability and foreign ownership when it publishes its long-awaited report on Thursday, the Australian Financial Review has reported.
The review is expected to recommend the establishment of a single database of property purchases across states and territories and linking that information to customs data.
The Treasurer Joe Hockey recently said the federal government was prepared to go it alone after resistance from state bureaucracies.
The $1,500 application fee would raise $600 million over the first decade, News Ltd papers reported.
The funds would help track compliance for unauthorised acquisitions.
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A $1,500 application fee, but no higher property stamp duty for foreign buyers

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Melbourne’s weekend auction market continues to report moderating results from high late spring auction volumes.
The Melbourne weekend auction market reported the lowest clearance rate this year.
The weekend result of 67.1% was well below last weekend’s 72.1%, according to Australian Property Monitors.
A surge in late spring auctions numbers is impacting market activity with buyers increasingly spoiled for choice.
Some 1,154 properties were listed for auction, almost identical to the previous weekend’s 1,153 and well ahead of the 931 auctions conducted over the same weekend last year.
There are over 1,300 auction expected this Saturday. 
Melbourne’s west hosted the most number of auctions with 187 closely followed by the inner south with 186, the inner city and the inner east each with 157, the outer east 152, the north east 142, the north 91 and the south east  49.
The most popular suburb for auction listings on the weekend in metro Melbourne was Glen Waverley in the outer east with 22 followed by Reservoir in the north-east.
Melbourne’s four weekend average clearance rate has fallen to 72.7% well down on the previous four weekend average result of 75.%.  
Melbourne’s outer east suburban auction market remains resilient recording clearly the highest clearance rate of all the regions at the weekend with 82.%.
The next highest was the inner east with a rate of 71% followed by the inner south 70.%, the north 66.2% and the north east with a clearance rate of 66.0%.
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Melbourne weekend clearance rate dips to 2014 low

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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