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The Black Rock home of Mel Sutton and his wife, Deanne has been listed for 14 June auction.
The couple are planning to make the move to an acreage in Flinders.
The 219 Beach Road, Black Rock property <a href="https://www.realestate.com.au/property-house-vic-black+rock-116439103" target="_blank">has been listed through Kay &amp; Burton agents</a>, Bert Geraerts and Alex Schiavo with $3.2 million plus expectations.
Built in the 1960s, its comprehensive renovation saw the residence awarded Bayside's best extension renovation in 2010. It has featured in House &amp; Garden magazine.
Mel Sutton's corporate career included being the Nike Australia chief, as well as positions with Colorado, Globe, Fosters and Spotless.
He is currently director of strategy with Lion, Dairy &amp; Drinks.
It has been the family home for three years, just across the road from Half Moon Bay.
Title Tattle recalls the 2006 sale at 219 Beach Road, Black Rock at $1,285,000. Valuers assessed $285,000 as representing the value of improvements leaving $1,000,000 as the price for the land, reflecting a sale at $1,200 per square metre of unimproved land.
It resold again in 2009 at $2.82 million, and then at $3,025,000 in 2011.
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jchancellor-FAypfDUnLy

Modernised 1960s Black Rock beauty listed for June auction

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The Block Vaucluse 2010 contestants Erin and Jake Michael have sold their Coogee apartment pre-auction for $668,500.
They are moving on following the birth of their son, Jagger last September. The couple married in September 2010.
Their two-bedroom Nathan Street apartment cost $406,000 in 2008.
They then spent around $100,000 on renovations for the 59 square metre apartment.
LJ Hooker Double Bay agent Sean Poche had been telling inspectors of <a href="https://doublebay.ljhooker.com.au/MB1F93" target="_blank">8/3 Nathan Street</a> more than $600,000. 
Erin is a <a href="https://webcache.googleusercontent.com/search?q=cache:x8FKPN_ZZwIJ:https://www.facebook.com/erinmichaelstyling+&amp;cd=1&amp;hl=en&amp;ct=clnk&amp;gl=au" target="_blank">freelance interior and food stylist</a>, working briefly for Real Living Magazine, and remains an accredited sports dietitian.
Contestants are now being sought for <a href="https://theblock2015.castasugar.com" target="_blank">another series of The Block </a>to be aired in 2015 after the Prahran office block conversion series, which will go to air later this year.
The location is yet to be confirmed.
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Post-Prahran 2015 Block contestants sought as Erin and Jake from the Block 2010 sell Coogee apartment

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Families with seven children don't typically have Johanna Grigg from House Rules to call on to enlarge their tiny shoebox abodes.
The Tasmanian renovation reveal and judging attracted a 1.68 million five city metropolitan ratings audience according to OZtam last night, beating The Voice on Channel 9.
The location of the Brady Bunch-styled family was in the Huon Valley.
"Tassie is so hard to cast," House Rules <a href="https://www.mediaweekpodcasts.com/maxine-gray-%E2%80%93-house-rules/" target="_blank" style="line-height: 1.3em;">co-executive producer, Maxine Gray</a> told James Manning's Mediaweek shortly after the after filming the series was wrapped up earlier this year.
"But what Tassie brings is a different landscape," she said, saying the series needed it for diversity and state rivalry outcomes.
"Its refreshing for the viewer," she said.
So Property Observer went looking for other Tasmanian homes that suit big families on low cost budgets.
All in separate bedrooms under the same roof proved very rare.
Plenty of five bedroom homes. Lots of six bedders.
And seven bedrooms were available too.
At Brighton there's a brick home offering seven bedrooms (pictured below). There are two bathrooms, two spa baths and three toilets within the 270 square metre home. <a href="https://www.realestate.com.au/property-house-tas-brighton-114867611" target="_blank">There's $439,000 plus being sought through Belle Parker at Roberts Glenorchy</a>. There are views of Mount Wellington and Mt Dromedary from the grounds of the 2.75 acres there are fruit trees, veggie patch and the chook pen.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0010_3%20melinda%20court%20brighton%20tas%20may%2027.jpg.jpg">
At Davenport a property for the extended family, or for its current use as tourists accommodation, has been listed. Two levels featuring seven bedrooms, four living areas, three bathrooms , three toilets, four showers and a huge kitchen. Changing views of the river, city and sea. The property (pictured below) on 1,353 square metres is listed through John Ackroyd at <a href="https://www.realestate.com.au/property-house-tas-devonport-113491615" style="line-height: 1.3em;">$875,000</a>.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0009_27%20hiller%20street%20devonport%20tas%20may%2027.jpg.jpg">
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There is a grand old home at Bushy Park (pictured below)- an 1859's home with 55 squares of comfort and space, sits on 22 acres. "With seven bedrooms there will no longer be any arguments with siblings sharing rooms," <a href="https://www.realestate.com.au/property-house-tas-bushy+park-115849471" target="_blank" style="line-height: 1.3em;">listing agent Karen Storey at Sorell says</a>. It has three bathrooms.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0008_233%20a%20uxbridge%20rd%20bushy%20park%20tas%20may%2027.jpg.jpg">
There's seven self contained apartments in a <a href="https://www.realestate.com.au/property-house-tas-longford-115918931" target="_blank">$699,000 Longford offering</a> (pictured below), which doesn't quite fit the bill.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0007_longford%20tas%20may%2027.jpg.jpg">
Perhaps the most imposing with seven bedrooms is a heritage listed residence in the hills of Risdon (pictured below). <a href="https://www.realestate.com.au/property-house-tas-risdon-115666843" target="_blank">It's for sale at $695,000 plus </a>through Sandra McKenzie at Harcourts Bellerive. The sizeable residence is set across three storeys and offers multiple reception rooms, two fully-equipped kitchens, seven bedrooms and four bathrooms.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0006_727%20east%20derwent%20highway%20risdon%20tas%20may%2027.jpg.jpg">
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But Property Observer found an eight bedder.
It's <a href="https://www.realestate.com.au/property-house-tas-west+launceston-113842699" target="_blank" style="line-height: 1.3em;">Edenholme Grange</a> (pictured below), a grand Victorian mansion steeped in history. Originally built in 1881 by a sea captain, its current owners have restored and brought the property back to life to offer eight bedrooms in the main house as well as three separate fully self contained cottages. It is currently utilised as a bed and breakfast.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0005_14%20st%20andrews%20street%20west%20launceston%20tas%20may%2027.jpg.jpg">
And at<a href="https://www.realestate.com.au/property-house-tas-trevallyn-115158267" target="_blank" style="line-height: 1.3em;"> Trevallyn there's a quite a quaint $819,000 nine bedroom house with terrific views</a> (pictured below). Trevallyn House is at 10 North Bank.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0004_10%20north%20bank%20trevallyn%20tas%20may%2027.jpg.jpg">
A modern home at Boat Harbour Beach is advertised as seven bedrooms, but he speil says nine is possible for the $829,000 asking price. All within meters to the main beach. <a href="https://www.realestate.com.au/property-house-tas-boat+harbour+beach-115819011" target="_blank" style="line-height: 1.3em;">The 233 square metre home is set on 2600 square metre block</a>. The home (pictured below) was built in 2002. 
Designed on three levels the bottom consists of garage with internal access, two bedrooms, gym room, storage room, study, 3rd bathroom and a huge rumpus room. Second storey features large open plan living, three bedrooms and main bathroom. Upstairs to two more bedrooms, master has full en-suite with corner spa, plus a sun or sewing room.
"This huge home of seven bedrooms (nine if needed) would be your ideal property besides the sea and would be ideal for holiday rentals (STCA)," the marketing says.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0003_8%20cummings%20street%20boat%20harbour%20beach%20tas%20may%2027.jpg.jpg">
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When it comes to 10 bedders try Launceston! Though both are current commercially utilised at the moment.
Kilmarnock House was built in 1905 as a townhouse for John Ingles, a well-known Launceston merchant. The completed cost, as charged by J &amp; T Gunn, was a moderate 1588 pounds, 15 shillings and threepence.<a href="https://www.realestate.com.au/property-house-tas-launceston-115639983" target="_blank" style="line-height: 1.3em;"> Last offered for sale over 33 years ago</a>, Kilmarnock House (pictured below) is currently operating as studio style apartments offering 10 bedrooms each with their own ensuite and kitchenette, the property also has a separate one bedroom unit. 
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0002_66%20elphin%20road%20launceston%20tas%20may%2027.jpg.jpg">
The other <a href="https://www.realestate.com.au/property-house-tas-launceston-109008516" target="_blank">10 bedroom</a> offering is a Launceston bed and breakfast, Hillview House (pictured below) through Edward Bugg. Built around the 1840's, it was extensively enlarged by Rev. W Law in the 1860's. It has now been restored to provide a charming stay for guests on their Tasmanian holiday. Hillview House comprises 10 en-suited bedrooms. The owners accommodation consists of a separate two bedroom unit.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0001_193%20george%20street%20launceston%20tas%20may%2027.jpg.jpg">
Property Observer did come across <a href="https://www.realestate.com.au/property-house-tas-huonville-110263825" target="_blank">a 12 bedroom home in Huonville</a> (pictured below). Paul Noble at Roberts Huonville describes the home as like the “tardis” stepping through the door of the 892 square metre home currently configured as nine bedrooms, but with three studies. There's four bathrooms, three living areas, a games room and a self contained flat all on 1.05 hectare with winter creek set 30 minutes drive to Hobart.
<img src="/images/phocagallery/2014/05/tasmania-may-27/tasmania_0000_huonville%20tas%20may%2027.jpg.jpg">
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Tasmania's biggest bedroomed home listings for House Rules Brady Bunch-style families

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Cowboys community relations executive Maddison (Maddi) Carter and her aviation firefighting fiancé, Lloyd Wright, are having their House Rules renovation aired this week on Channel 7. There will be a 10 out of 10 perfect room reveal.
The Queenslanders Maddi and Lloyd are relatively laid-back, so their House Rules application almost never made it in.
It follows the Tasmanian renovation reveal and judging attracted a 1.68 million five city metropolitan ratings audience according to OZtam last night, beating The Voice on Channel 9.
Property Observer notes the far north Queensland couple had paid $372,000 for their somewhat leaning, <a href="https://au.tv.yahoo.com/house-rules/houses/lloyd_and_maddison/#page1" target="_blank">four bedroom 1950s house</a> (pictured above) which was marketed through Ross Real Estate Aitkenvale as "beachside paradise" given it is three streets back from the beach.
It had been passed in at March 2013 auction when $400,000 was being sought for the property which had been last sold at $348,000 in 2004.
It is the first regional, non-capital city location, filmed in the series.
"I walked in and didn’t even need to see the whole house... we just went ‘Yep’ and made an offer on the spot," says Maddi, a marketing manager and former reporter. Their large, high-set timber home with a wrap-around deck and pool is minutes to the beach and backs onto a reserve frequented by wildlife. The house has been ravaged by the region’s tropical weather over its 25 years with rot and mould a problem, along with leaky taps, uneven floors, an almost unusable kitchen and a "grotty" bathroom with pink floor tiles.
One of the rooms has been <a href="https://au.tv.yahoo.com/house-rules/clips/23668656/worst-rooms-maddi-and-lloyd-qld-/#page1" target="_blank">used just for Maddi's shoes</a>.
<img src="/images/2014/05/27/house-rules-may-27-one.jpg" alt="">
Source: Channel 7. Before joining the aviation firefighters, Lloyd worked in the building industry as a plasterer and labourer for close to a decade, while Maddi has grown up on building sites. "I’ve lived in, like, 30 houses. Dad would renovate them and then we would move on to the next. I enjoy the smell of sawdust. It feels like home." Both in their mid-20s, home for Lloyd was originally Papua New Guinea before his family moved to Cairns when he was six. Maddi hails from Victoria, but grew up in Brisbane.
The <a href="https://www.swimsuitcalendar.com.au/main/index.php?option=com_content&amp;task=view&amp;id=12&amp;Itemid=26" target="_blank">2007 Australian Swimsuit Calendar June model </a>Maddison Carter was also in the May '09 issue of Ralph.
The six new teams from around Australia put their homes on the line as they battle it out to become mortgage free against their competition rivals to transform every room in their house. They must have a strong emotional attachment to their newly purchased homes to be selected for the series, now in its second season. It was a Channel 7 reality television concept.
Host Johanna Griggs sends in designer Carolyn Burns-McCrave and build supervisor Chester Drife to oversee the teams, who have only one week to completely transform each home.
Two expert judges – architect Joe Snell and Home Beautiful editor Wendy Moore – score each teams’ renovation.
James Manning's Mediaweek speculated Maddi's colourful past "could be attracting a lot of media coverage this year".
Manning and media commentator Brenden Wood were<a href="https://www.mediaweekpodcasts.com/maxine-gray-%E2%80%93-house-rules/" target="_blank"> interviewing co-executive producer, Maxine Gray</a> after filming the series over the prior six months. 
"I've been friends for 10 years or more….She tried to get into radio in Brisbane….as a news reader. She may have been a swimwear model for various magazines….she's pleasing on the eye," Brenden Wood chipped in, adding she was briefly at GWS in its foundation days.
Gray said the couple had an engaging personality with a big rambling Queenslander house that they thought had great potential.
"It was a tricky one for us…..is it going to be as good as a home in Brisbane in terms of rating?"
"All in all we thought it was worth going outside the capital city," she said. The series was filmed between October and Easter this year.
Photo courtesy of Channel 7. 
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Swimwear model Maddi's shoe room overhaul as House Rules hits tropical Pallarenda, Townsville

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Avondale Hall, marketed as one of Armadale's most beautiful homes, fetched $4.9 million at weekend Jellis Craig auction.
T<a href="https://www.jelliscraigbm.com.au/property/ARMADALE-15-Avondale-Road/7038611/#.U4HiIFxK7u0" target="_blank">he 1911 classic Queen Anne Revival home</a> comes with a combination of elegant and contemporary finishes.
There are five upstairs bedrooms.
The 800 square metre Avondale Road holding last traded at around $1.5 million in 1998.
<a href="/developments/armadale-vic-3143">Armadale</a>'s median house price sits at $1,627,500, according to RP Data, down on the $1,755,000 peaks in 2011.
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Armadale's 1911 Avondale Hall sells at $4.9 million

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The Australian Prudential Regulation Authority has issued tough draft guidelines on how it expects banks to monitor and manage home mortgage risks.
Upon <a href="https://www.apra.gov.au/adi/PrudentialFramework/Pages/adi-consultation-packages.aspx" target="_blank">the release</a>, APRA chairman John Laker noted "increasing evidence of lending with higher risk characteristics and it does not want this trend to continue".
the current concern sits  against the backdrop where residential mortgage exposures have exhibited low default and loss rates in the $1.3 trillion Australian mortgage market. But the continued low interest rate environment has authorities concerned for when rates take off again.
Aimed at complacency among residential mortgage lenders, the draft guidelines still fall short of the stricker macro­-prudential rules adopted in recent times by other regulators especially in New Zealand and Canada.
But the draft guidelines suggest banks consider "geographic concentrations" of risky loans.
There might also be new limits on loans relative to incomes along with stronger stress-testing borrowers.
There is also the possibility of reducing financial incentives and commissions to mortgage brokers.
APRA chairman John Laker said credit standards were needed given “very active competition” between lenders and rising property markets.
The Australian Financial Review columnist Tony Boyd recently calculated that the net present value of annual commissions paid to mortgage brokers is about $600 million, based on brokers handling about half of the $28 billion in mortgages settled each month.
APRA suggests commissions paid upfront tend to encourage less rigorous attention to loan application quality. 
APRA has told the banks to review appropriate monitoring and controls “to guard against incentives to pursue loans with inadequate or false verification, marginal serviceability, excessive leverage or unsuitable terms for a borrower”.
In Australia, it is standard market practice to pay brokers either an upfront commission or a trailing commission, or both. 
"Experience has shown that commissions paid upfront tend to encourage less rigorous attention to loan application quality," the report said.
"Trailing commissions are more likely to provide incentives for brokers to retain and monitor customers. 
"A prudent approach to the use of third parties for residential mortgage lending would include appropriate compensation measures for brokers.
"Such measures include the ADI being able to end or claw back commissions where there are high levels of delinquency or process failures on loans originated by third parties."
The acting chief executive of the Australian Bankers’ Association, Diane Tate, said the industry had expected the new guidance.
APRA said it expected banks to closely monitor the share of new loans with high loan-to-valuation ratios (LVRs). While Australia has no caps on LVRs, it said those above 90% clearly exposed banks to a higher risk of losses.
‘‘Historically, residential mortgage exposures have exhibited low default and loss rates,” it said in the draft.
“However, lengthy periods of economic growth combined with low interest rates and a sustained period of rising house prices can create a sense of complacency among residential mortgage lenders.’’
APRA is taking industry feedback on the draft policy until late July.
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Upfront mortgage broker commissions under review as APRA helps RBA on risky home lending standards

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Celebrity angler Andrew Ettingshausen and his wife Monique have yet to sell their Port Hacking home listed with $4 million plus weekend auction hopes.
It is now for sale by private treaty through McGrath agent Bernadette Berlyn with negotiations continuing with an interested party.
The five-bedroom, three bathroom waterfront property with views to Maianbar and of the Royal National Park comes with a wet-edged pool.
The former Cronulla Sharks player, known as ET, retired after the 2000 NRL season.
<a href="https://www.mcgrath.com.au/buy/house-port-hacking-nsw-2229/196944/?searchID=38645262" target="_blank">The 1,130-square-metre property</a> with a boathouse, jetty and pontoon was bought more than two decades ago for $575,000 in 1990 when it was a modest two bedroom cottage.
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Andrew Ettingshausen yet to hook his $4 million plus Port Hacking buyer

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Media scion Lachlan Murdoch, the co-chair of News Corp and 21st Century Fox, and his wife Sarah have listed their Bronte home for a third time.
The contemporary residence was first listed in 2009 and then 2011.
Agents Ken Jacobs and Darren Curtis of Christie's International have <a href="https://www.realestate.com.au/property-house-nsw-bronte-117070459" target="_blank">the prestige listing</a> again, this time for June 28 auction.
On its first marketing attempt they were seeking a then overly ambitious $13.5 million sale.
There is no price indication of the website listing of the contemporary home close to Bronte's bustling cafe scene, but a late 2012 sale might give pointers.
<div>
<div>The house was once rented by the Murdoch's to actor Toni Collette.</div>
</div>
Title Tattle recalls it was an unsolicited offer in 2005 that secured the $7.75 million house above Bronte Beach as the Murdochs’ base for their then return to Australia from New York. 
It was bought from Graham Ford, the Bronte Surf Club president, who had built it on Bronte Road in 2001.
The Murdochs had been keen for the cosmopolitan beach strip, which represented a change from the Opera House vista from Point Piper where the couple had sold their four-level harbourfront for $20.8 million in March 2005, having paid $12 million in 1999 to the mining magnate Robert Friedland.
Lachlan Murdoch was absent from his father Rupert's company from 2005 until his recent return.
“Coming back to News felt right emotionally for many reasons,” Murdoch said this week.
Le Manoir, Lachlan and Sarah Murdoch's $23 million Georgian estate in Bellevue Hill, <a href="/expert-insights/investing/lachlan-murdoch-calls-in-the-renovators-with-11-6-million-plans-for-bellevue-hill">currently undergoing an $11.6 million revamp</a>, will become the couple's permanent base, an acquisition made almost five years ago. 
In the meantime the Murdoch couple continue their lease on Coolong, the Vaucluse beachfront residence of expats Ivan and Marina Ritossa, which began in early 2010.
It's the house the Murdochs actually wanted before buying Le Manoir.
In 2008 Coolong set the then Sydney residential record, with the late Allco founder David Coe securing $45 million from Ritossa, the global head of foreign exchange at Barclays Capital, through estate agent Bill Bridges and McGrath agent Hamish Robertson. 
The Murdoch rental house with private beach dates back to Sir Alexis Albert, from the Boomerang music songbook family, who built on the 4,100-square-metre block in 1936.
The last big Bronte property play was in 2012 when Seumas Dawes, the London-based Australian merchant banker, who sits on the latest Sunday Times Richest 1000 list, and is the chairman of the investment committee at Pepper Investment Management, bought the neighbouring Bronte property.
<a href="/news/a-cut-above-the-rest-the-era-of-sydney-mega-mansions-far-from-over-title-tattle">Title Tattle reported</a> at the time that Dawes had poured some of his £90 net worth into a serious Bronte acquisition. He now sits in equal 739th place with a £124 million net worth on the latest Sunday Times Richest 1000 list, <a href="/news/australian-merchant-banker-seumas-dawes-features-in-2014-sunday-times-1000-rich-list">published </a><a href="/news/australian-merchant-banker-seumas-dawes-features-in-2014-sunday-times-1000-rich-list">earlier this month</a>. 
The funds manager and his wife Rosemary had initially spent $12.3 million for a large, modern three-storey residence in 2006. It was a modern five-bedroom residence on the ocean side of Bronte Road overlooking the beach and ocean.
<img src="/images/stories/2013/02/bronte1.jpg" alt="bronte1">
Then in 2012, the Dawes couple splashed out with the $16.5 million purchase of the neighbouring house, which they've bulldozed to expand their garden and garaging in grounds prepared by Formed Gardens.
The new works, which include gym and cabana, improve the neighbouring contemporary houses's north eastern aspect in unquestionably one of the most expensive coastal suburbs on the exclusive <a href="/news"></a>strip known as The Cutting.
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Lachlan and Sarah Murdoch relist redundant Bronte house in third sale attempt

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The 2013-2014 dwelling price upswing has triggered a significant drop in rental yields, according to RP Data.
Their research shows rents have failed to keep pace with prices in all capital cities, RP Data research analyst Cameron Kusher noted.
“As a result of values rising faster than rental rates, gross rental yields have fallen over the past year across each capital city,” he said.
<img src="/images/2014/05/22/kusher-may-22-two.gif" alt="">
Sydney and Melbourne were the only mainland capitals were rental growth was greater from 2013 to 2014 than the year prior, but were also the cities where rental yields saw the biggest downturn.
“These two cities also have the lowest yields of all capital cities, at 3.9% and 3.4% respectively,” he said.
Sydney rents rose by 3.7% in the past year, making it the only city where growth outstripped inflation.
By comparison, house prices in the city increased by 16.7% since April 2013.
Rental growth slowed in the other five cities, with Perth seeing the biggest drop.
<img src="/images/2014/05/22/kusher-may-22-four.gif" alt="">
Asking rents in Perth fell by 0.5% over the past 12 months, compared to an increase of 10.4% in the year prior.
Kusher said investors had remained active in the market despite shrinking rental returns.
“Rental growth has slowed markedly and rental yields are falling as value growth significantly outpaces rental growth,” he said.
<img src="/images/2014/05/22/kusher-may-22-three.gif" alt="">
The May RP Data-Rismark Home Value Index reported that combined capital city home values increased by 11.5%. At an individual capital city level, value growth ranged from 1.2% in Canberra to a 16.7% rise in Sydney.
Australia’s combined capital cities recorded an increase in rental rates of 2.4% over the past year.
Sydney, Melbourne and Hobart were the only capital cities where rental growth was greater over the past 12 months than for the previous 12 months. At the other end of the spectrum, growth slowed across five of the eight capital cities with Perth experiencing the most extreme slowdown.
Over the 12 months to April 2013, Perth rental rates had increased by 10.4% compared to a -0.5% fall over the most recent 12 months. 
Kusher suggests that most investors must be chasing capital growth rather than rental return. 
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Property rental yields fall across all capital cities

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Fridcorp, the luxury Melbourne apartment developer, sold 141 apartments off the plan on Saturday in Sydney as apartment buyers search for something affordable in SONO (south of Newtown).
Some $100 million worth of the available 198 apartment stock sold in the first release in $145 million development, <a href="https://www.evebyfridcorp.com.au" target="_blank">Eve Apartments</a> in Erskineville through CBRE. 
Designed by DKO and Hecker Guthrie, Eve is Fridcorp’s first project outside of Melbourne. The apartments will have blond timber floors, streamlined galley kitchens and floor-to-ceiling doors leading out to balconies. There is also a communal rooftop garden.
The marketing campaign by Fridman’s founder Paul Fridman secured 5,000 names in pre-launch registration of interest for the apartments on the corner of Eve and Macdonald Streets.
<img src="/images/2014/05/27/eve-may-27-one.jpg" alt="">
<img src="/images/2014/05/27/eve-may-27-two.jpg" alt="">
Queues at the launch of Eve on Saturday 24 May. Source: Supplied.
Fridcorp acquired an adjacent Erskineville site in Sydney’s inner west beginning in March last year for $17.5 million which will see the project expand.
CBRE Residential Project Marketing managing director David Milton thinks proximity to public transport as a key influence in much of Erskineville's sales success of recent times. He noted that intending Eve owner occupiers exceeded the recent 65% that was evident at Leighton Properties' nearby Erko project.
Eve is a staged project overseen by Sydney operative, Craig Minahan and Colliers co-founder Bill McHarg with its partner, the mezzanine financier, Wingate Group which has $15 million of equity in Fridcorp’s project. 
The weekend success prompted Fridman to say: “You wouldn’t see this in Melbourne and in fact never in 17 years have I seen anything like this."
“My gut instinct is there is more demand than supply and it will continue to be that way for some time," he told the Australian Financial Review.
Fridman recently suggested the heat had come out of the Melbourne apartment market and while there was still demand, buyers had become more educated and discerning in their expectation of quality locations and fair pricing.
Fridman noted Sydney's average apartment costs more than the average Melbourne house.
Fridcorp’s Eve apartments were on average 15-20% dearer than the developer’s Melbourne apartments.
The two bedroom two bathroom apartments at Eve sold for an average of about $800,000, compared with Melbourne selling at around $670,000.
“Melbourne has more land to develop on whereas in Sydney it is hard to get land, so I think that is part of the appeal. We will probably sell out the rest over the next couple of weeks,” Fridman said.
<a href="/expert-insights/buying/fridcorp-s-eve-to-launch-tomorrow-in-erskineville">Eve's</a> one bedroom, one bathroom apartments are available from $525,000; two bedroom, one bathroom apartments from $750,000; two bedroom, two bathroom from $780,000; three bedroom, two bathroom from $1.1 million.
Of the apartments, 65% are one-bedroom from 50 square metres, 30% are two-bedroom from 72 square metres and 5% are three-bedroom, from 95 to 125 square metres.
Back in 2002 the property developer Austcorp International unveiled a new urban development, Motto, designed by Allen Jack + Cottier at Erskineville with prices starting at $329,000 for a 50 square metre one-bedder without parking and at $558,000 for an 82 square metre two-bedder.
David Milton was there in 2003 when 40 deposits were taken on the first weekend, with most interest from owner-occupiers, principally young professional couples.
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Eve in Erskineville secures $100 million in sales

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

[smartcode_project:default project_id=13962 project_image_fid=362240] 
&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

[smartcode_project:default project_id=13962 project_image_fid=362566] 
&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

[smartcode_project:default project_id=13962 project_image_fid=362564] 
&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

[smartcode_project:default project_id=13962 project_image_fid=291195] 
&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

[smartcode_project_cta:default project_id=13962]

Joel Robinson

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

[smartcode_project:default project_id=140755 project_image_fid=354809]

The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

[smartcode_project:default project_id=140755 project_image_fid=366267]

The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

[smartcode_project_cta:default project_id=140755]

The enduring appeal of Kew's tree-lined streets and village lifestyle

"For me, it's the location." That was the first thing Chris pointed to when reflecting on why he and his wife Marita decided to purchase at Candela Ivanhoe, the under-construction new apartment development by Salter Brothers in the heart of the north-eastern M​elb​ourne​ suburb. ​

"We've lived here before… everything is here," Chris said.

"Our doctor is around the corner, there's dentists, pilates, everything we need, restaurants, fast food places, two train stations, Ivanhoe and Darebin, both in walking distance. You don't need anything else."

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Just 10 kilometres from Melbo​urn​e's CBD, Ivanhoe combines direct city connectivity with the amenity of an established village community. Residents have access to highly regarded schools, expansive parklands, public transport, and a thriving retail and hospitality precinct centred around Upper Heidelberg Road, all within a neighbourhood that has retained its leafy character despite its proximity to the city.

<a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a> sits within the heart of this established landscape, positioned just moments from Ivanhoe Village and within walking distance of many of the suburb's most sought-after amenities.

[smartcode_project:default project_id=342 project_image_fid=364553]

From Candela, residents can access cafés, grocers, wine bars, restaurants and essential services on foot, while Ivanhoe Station and Darebin Station provide direct connectivity across Mel​bour​ne. The development is also surrounded by some of the suburb's best-known lifestyle destinations, including Pinkie, Laurent, Enni, Docasa and Woodfire Pizza e Cucina, alongside Ivanhoe Plaza, Woolworths, pharmacies and specialty retailers.

Green space is another defining feature of the suburb. Darebin Parklands, Ivanhoe Park, Nellie Ibbot Park and the Yarra River trail network provide extensive opportunities for recreation, while Ivanhoe Golf Course and Ivanhoe Tennis Club continue to underpin the area's long-established lifestyle appeal.

The suburb's education offering further strengthens demand. Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Mary Immaculate Primary School and Ivanhoe Primary School have helped establish the area as one of Melbou​​rne's most sought-after schooling precincts, attracting families and downsizers alike who want to remain connected to the area.

[smartcode_project:default project_id=342 project_image_fid=357510]

While location was the priority for Marita and Chris, the project itself also needed to meet their expectations.

"Whilst location was paramount, I was also looking at design of the environment and Candela ticked every box," Marita said.

"We're just thrilled with our choice."

[smartcode_project:default project_id=342 project_image_fid=336455]

Developed by <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>, Candela Ivanhoe has been designed to complement its village setting, with an emphasis on generous floorplans, natural light and practical everyday living.

Residents will have access to a range of shared amenities, including a communal rooftop garden and dedicated residential lounge, complemented by a ground-floor café and lifestyle wellbeing centre, helping foster the sense of community already emerging among future owners.

That approach has resonated strongly with the market. More than 90 per cent of purchasers at Candela Ivanhoe are owner-occupiers, with buyers ranging from downsizers and second-home buyers to young families and first home buyers, creating a genuinely multi-generational community of grandparents, parents and children. It reflects a broader shift across Melbo​​urne's apartment market, where buyers are increasingly prioritising neighbourhood quality, lifestyle amenity and long-term liveability.

Currently under construction by Ironside, Candela Ivanhoe comprises 58 apartments. Candela Ivanhoe is scheduled for completion in the coming months, and residents can move in from September. One to four bedroom residences, prices from $649,000 and limited opportunities remaining.

[smartcode_project_cta:default project_id=342]

Location and lifestyle drive demand at Candela Ivanhoe

As apartment buyers increasingly look beyond the four walls of their residence, the quality and depth of shared amenity has become a defining factor in how developments are designed and experienced, particularly in the high-rise, new apartment development space.

In Southbank, where high-density living continues to evolve, developers are placing greater emphasis on creating environments that support wellbeing, connection, and convenience as part of everyday life.

That approach sits at the heart of <a href="https://www.apartments.com.au/new-apartments/aura-at-melbourne-square-7-hoff-boulevard-southbank-vic-3006">AURA</a>, the latest residential tower in <a href="https://www.apartments.com.au/developers/osk-property">OSK Property</a>’s $3.5 billion Melbourne Square precinct. Rising 67 storeys above Hoff Boulevard, the 673-apartment development has been conceived around what OSK describes as a “vertical wellness ecosystem”, a layered collection of amenities that extends throughout the building rather than being confined to a single podium level.

[smartcode_project:default project_id=151921 project_image_fid=370263]

The amenity offering begins on the seventh level within the AURA Club, a dedicated resident hub focused on health, relaxation, and daily convenience. Here, residents will have access to an indoor swimming pool, cold plunge, spa, sauna, and steam room, alongside a fully equipped gym, reformer Pilates studio, and yoga room.

The wellness facilities are complemented by a range of spaces that acknowledge the changing ways people live and work. Work-from-home lounges and co-working areas sit alongside a library, music room, games room, cinema facilities, and open-air terrace spaces, providing residents with flexible environments that can adapt throughout the day.

[smartcode_project:default project_id=151921 project_image_fid=367468]

Beyond the internal amenity, AURA introduces a series of Japanese-inspired gardens that form a quieter counterpoint to the tower’s social spaces.

Landscaped retreats feature curated outdoor dining, tranquil courtyard seating, fire pit, and a tea house pavilion. Rather than functioning as simple recreational areas, the gardens have been designed as places for reflection and informal gathering, drawing on principles of balance, nature, and calm that underpin the project's broader design philosophy.

[smartcode_project:default project_id=151921 project_image_fid=367810]

The social amenity continues to evolve as residents move higher through the building. Levels 49 and 50 house the Meridian Club, where a lounge bar, conservatory spaces, and private dining rooms take advantage of elevated city views. At the summit of the tower, the exclusive Cumulus Club spans Levels 66 and 67, offering additional lounges, private dining, and meditation and treatment rooms positioned above Melbourne’s skyline.

For OSK Property, the extensive amenity offering reflects a broader focus on wellbeing as a core component of apartment living rather than an added feature.

“Aura stands tall as an exemplar of holistic wellness – its focus on social, physical and mental health culminate in a building that is calming, restorative and relaxing, where residents will have their own sanctuary within the well-connected and sought-after Southbank,” says OSK Property CEO Chong Boon Woon.

[smartcode_project:default project_id=151921 project_image_fid=367796]

AURA’s amenity strategy extends beyond the tower itself through its integration with the wider Melbourne Square precinct.

Residents will have direct access to Kennedy Park, Southbank’s 3,745 sqm landscaped public park, alongside a full-line Woolworths supermarket, childcare centre, hospitality venues, and approximately 1,600 sqm of additional retail planned within AURA’s lower levels. Together, these elements create a highly connected residential environment where daily needs, recreation, and wellness are woven into the fabric of the community.

[smartcode_project:default project_id=151921 project_image_fid=370253]

As Melbourne’s apartment market continues to mature, developments are increasingly judged by the lifestyle they provide beyond individual residences.

Through its combination of wellness facilities, landscaped retreats, social clubs, and precinct-wide amenity, AURA represents a shift toward a more comprehensive model of vertical living, one where shared spaces play as significant a role as the homes themselves.

[smartcode_project_cta:default project_id=151921]

AURA elevates amenity living at Melbourne Square

Builder-developer Scion is the latest to target Sydney's booming Hills Showground Metro precinct, filing plans for more than 100 apartments within walking distance of the station.

Scion has lodged a concurrent rezoning and State Significant Development Application for <a href="https://www.apartments.com.au/new-apartments/27-33-middleton-avenue-castle-hill-nsw-2154">27–33 Middleton Avenue</a>, where it plans to replace four existing homes with an 11 and 14-storey mixed-use development comprising 109 apartments, six affordable housing dwellings, and a ground-floor café.

Designed by BHK Architects, the proposal includes three levels of basement parking with 174 spaces, more than 1,200 sqm of communal open space, and extensive landscaping across the 3,791 sqm site.

The development has been designed as two buildings connected by a recessed wintergarden spine, with the 14-storey building positioned to the south and the 11-storey building to the north.

<img alt="Scion" data-entity-type="file" data-entity-uuid="64dc359d-736b-43b8-87a8-70a8285cab47" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-25%20at%208.47.01%E2%80%AFPM.png?VersionId=PXh.m8id_aevBPHEckPf88wQ2RQThPos" />

The apartment mix has been weighted towards owner-occupiers, with 13 one-bedroom apartments, 55 two-bedroom residences, 31 three-bedroom apartments, six three-bedroom lofts, and four four-bedroom homes. Six apartments will be dedicated as affordable housing in line with the NSW Housing SEPP.

According to the Architectural Design Report by BKH, the proposal seeks to create "a place-responsive architecture" inspired by the natural landscape surrounding Cattai Creek, while strengthening the public domain through landscaping, active frontages and a neighbourhood café.

Atlas Urban, in its Urban Design Report, says the proposal takes a different approach to increasing density around Hills Showground Station by favouring a more slender, vertically articulated built form over a conventional mid-rise outcome. The report argues this allows for greater deep soil planting, improved solar access and a better public domain outcome, while still delivering additional housing close to rapid public transport.

The site sits around 500 metres from Hills Showground Metro Station, within a precinct earmarked for significant residential intensification following the opening of the Sydney Metro Northwest line. Planning documents accompanying the application note that Greater Sydney's population has grown by more than one million people since planning for the precinct first began, reinforcing the need to accelerate housing delivery around existing transport infrastructure.

Scion is expanding its development pipeline which also includes <a href="https://www.apartments.com.au/new-apartments/chatham-west-ryde-2-6-chatham-road-west-ryde-nsw-2114">Chatham in West Ryde</a>, 62 apartments which are approaching completion. They also have a State Significant Development Application with the NSW Government's Housing Delivery Authority for <a href="https://www.apartments.com.au/new-apartments/96-anzac-avenue-west-ryde-nsw-2114">145 apartments on Anzac Avenue</a>, also in West Ryde.

Jonathan Chancellor

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