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It sits on Seven Shillings Beach.
But the businessman John B Fairfax who has listed the Double Bay harbourfront estate, Elaine (pictured below) has loftier record price expectations.
<img src="/images/stories/2013/09/18/double_bay_sept_18__one.jpg" alt="double_bay_sept_18__one" width="470" height="374">
An international marketing campaign will be undertaken for the blueblood establishment businessman next year by Christies International Real Estate.
The six-title offering of 6,900 square metres, at 550 New South Head Road, (highlighted below), has been in the publishing family for 100 plus years, but tenanted over the past two decades by the prudent Edgecliff based publisher and pastoralist.
Sydney's official record price stands with Altona in Point Piper, with RP Data records indicating a $52 million sale earlier this year. Villa Veneto, also at Point Piper, is reputed to have sold for around $52 million in 2010, but without confirmatory documentation. The $57.5 million Australian price record was a multi-dwelling Mosman Park compound on the Swan River in Perth in 2009.
<img src="/images/stories/2013/09/17/doublke-bay-sept-18-one.jpg" alt="doublke-bay-sept-18-one" width="470" height="357">
Elaine has been traded or handed down within the Fairfax family since bought by Geoffrey Evan Fairfax for 2,100 pounds. <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/ndp/del/article/17361172" target="_blank">Often its been featured in the high society social pages.</a>
It was 1989 when John B. Fairfax bought the bulk of the Elaine estate for $3 million from his father, Sir Vincent Fairfax.
The circa-1870 residence had been Sir Vincent and Lady (Nancy) Fairfax's home since it was traded internally for 19,000 pound in 1936. It was said the family instilled their children with "a sense of public duty and obligation, as people to whom much had been given, to give much back in return."
Woollahra Council records suggest it was built for William Francis Norie. The house is surrounded by five 100 year old trees.
The 1995 Woollahra Council local environment plan schedule three heritage items listed Elaine – "house, gateposts and gate, gardens to the foreshore, stoneworks, Cook Pine, Norfolk Island Pine, Bunya Pine, Camphor Laurel, Port Jackson Fig, Seven Shillings Beach."
"This is the most significant charming listing ever to hit the market in Australia," Ken Jacobs of Christies International Real Estate told Property Observer.
It has an estimated 53-metre beach frontage.
Socialite Elizabeth de Fox and medico husband David were the first tenants to lease Elaine, after John B Fairfax decided not to take up residency when his mother, Lady (Nancy) Fairfax, moved to Point Piper.
The Foxes were paying $1666 a week rent for Elaine in 1995.
By late 1996, Bob and Margaret Rose had secured the premises, paying $2800 a week.
In 2000 they were paying $4000 a week.
Then in 2005 venture capitalist Cameron O'Reilly, the former media industry player, moved in, paying $6300 a week.
Its most recent tenants have been the joint chief investment officer of Caledonia Investments, Mark Nelson, and his wife, Louise.
Elaine sits next to Fairwater, the much more high-profile home of Lady (Mary) Fairfax, and the expanded Woollahra Council headquarters holding with its heritage library, St Brigid's.
While not dismissing its record setting likelihood, speculation the property could fetch $100 million has been dismissed by respected property analysts sought out by Property Observer.
The property last hit the headlines in early 2009 when News Ltd papers reported John B Fairfax, the then largest shareholder of the ailing Fairfax Media group, had taken out a mortgage on his family's landmark estate on Sydney Harbour as the global financial crisis aftermath took its toll amid margin loan calls.
He severed his ties with the media empire that bears his name by selling his 9.7% stake in late 2011 for $193 million.
Never moving back into his childhood home, John B Fairfax resides at an Edgecliff house which cost $2.94 million in 1991.
No one yet claims the Elaine naming rights, but the name Seven Shillings Beach stems from the price secured by the Aboriginal leader,  Gurrah<a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/ndp/del/article/27570125" target="_blank"> who sold his fishing rights on the beach to William Busby</a>, who had also bought nearby Redleaf.
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jchancellor-FAypfDUnLy

Elaine, John B Fairfax's long redundant Double Bay harbourfront listed with record price hopes

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Ricky Ponting, the retired Australian cricket captain, has listed his Sutherland Shire home for October 5 auction as he prepares to move to Melbourne's Brighton.
Ponting and wife, Rianna have asked Sean Egan of McGrath Estate Agents to auction their five-bedroom Burraneer Bay house.
It had $4.75 million plus expectations on its initial April private treaty offering.
Overlooking Port Hacking, the tri-level house (pictured below) comes with infinity pool and private jetty, boatshed and pontoon.
{yoogallery src=[images/stories/2013/04/april23burraneer]}
The house has been renovated since bought it for $3.8 million in 2006.
The couple are off to the Shandford Estate, a 1920s Edwardian seven-bedroom house on 1890 square metres of land in Brighton, which has a billiard room, library, tennis court and a private laneway to the nearby beach.
Last sold at $2.7 million in 1999, the Brighton house was sold by private treaty through JP Dixon in March at around $10 million.
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Retired cricketer Ricky Ponting punts on October 5 auction of Burraneer Bay abode

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Fashionista Lisa Ho 's four bedroom Randwick residence, Silverton was passed in at weekend auction at $2,675,000.
It had $3 million plus hopes prior to its auction through McGrath agent Adrian Bo - and has since been given a $3 million asking price.
The <a target="_blank" rel="nofollow" href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-randwick-nsw-2031/190360">Randwick home on 626 square metres </a>was initially listed for sale in 2011 with hopes of more than $4.5 million.
Lisa Ho bought the freestanding, circa-1884 Italianate residence in 2010 for $4 million directly from interior designer Ros Palmer.
The Dutruc Street property previously traded in 1985 for $266,000.
RP Data puts the median <a target="_blank" href="/news">Randwick</a> house price at $1.43 million, which is down 3.4% over the past year, but up 9.9% over the past five years.
Lisa Ho's big mistake was dealing direct with the persuasive Ros Palmer.
 
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Lisa Ho prepares to take $1 million plus loss on her 1880s Randwick property

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There's a well versed property adage that the greater the supply, the weaker the sales success. But with 640 plus Sydney listings, the past weekend was the second busiest of the year and its preliminary clearance rate was a very commendable 84% success rate.
That’s about 100 short of the biggest super Saturday which was in 2010, according to my recollections of the weekly Australian Property Monitors tally.
Sydney’s inner west was again the most popular region with 100 offerings and then the highest clearance at 89%.
It was a busy weekend in Mosman with 16 listings followed by Randwick with nine offerings. There was mixed success especially at the top end.
The known Mosman sales ranged between $625,000 for a two bedroom unit and a four bedroom house at $1.55 million.
But one of the pricier Mosman homes not to sell was offered by former Network Ten chief executive, Grant Blackley and his wife, Nicole, who are downsizing.
They bought the Medusa Street property in 2005 for $3.35 million when he was running Channel 10 and now after its renovation into a five bedroom house they were seeking $5.5 million plus. The home was actually his predecessor's house, the abode of the then retiring boss of the network, John McAlpine and his wife, Judy.
Over at Randwick the fashionista Lisa Ho 's four bedroom Randwick residence, Silverton was passed in at $2,675,000.
It had $3 million plus hopes prior to its auction through McGrath agent Adrian Bo - and has since been given a $3 million asking price.
It was initially listed for sale in 2011 with hopes of more than $4.5 million.
Lisa Ho bought the freestanding, circa-1884 Italianate residence in 2010 for $4 million directly from interior designer Ros Palmer.
Woollahra had the weekend's highest result when a Luigi Rosselli-designed Woollahra home sold under the auction hammer for $7.13 million - at $130,000 above reserve.
Then the second dearest was a $3.788 million Tennyson Point riverfront 1950s fibro property that sold to a family that spends most of the year in China. It went for almost $500,000 above the reserve with 13 registered bidders.
The weekend's cheapest sale was $150,000 at Auburn. It sold at $65,500 in 2001, and a decade earlier at $64,500.
Elsewhere in Auburn LJ Hooker sold 42 Park Road for $725,000 which was $125,000 over reserve, according to Rocky Bartolotto, the chief  auctioneer at auctionservices.net.au
He also reported 10 Grand Ave, West Ryde was sold at $1,410,000 which was $210,000 over reserve by Green Real Estate and 10 Flagstaff St, Edensor Park was sold at $523,000 which was $125,00 over reserve with 36 registered bidders taken by Raine &amp; Horne Liverpool.
The Saturday Daily Telegraph captured the occurance under the headline -  Sydney properties kill reserves in first fortnight of spring.
The Telegraph’s analysis of  50 sales in the past fortnight revealed more than $61.5 million worth of property changed hands at $6.46 million above the price guide - or an average of $129,200 a property. Maybe these buyers are cashed up. But if not, it would be interesting to sit in on their discussion with their broker or banker, as they surely wouldn't have been as extravagent with their calculations. 
There are plenty of current casualities from buyers in past recent price peaks - especially the early 2010 buyers - who having seriously overpaid are faced with either taking a lower resale price or many more years in the market before they can resell at their entry price.
There are about 560 auctions over each of the next two weekends, leading to a dip on the October long weekend.
My 11 tips for wise auction bidding include:
<img style="float: left;" alt="number-1" height="30" width="20" src="/images/stories/2013/09/17/number-1.jpg">Never sit in the front row or with your back to the crowd. Take a corner position so you can survey all your competition.
<img style="float: left;" alt="number-2" height="30" width="26" src="/images/stories/2013/09/17/number-2.jpg"> Prepare with extensive research and due diligence starting by checking all the recent sales results in the suburb so you gain an accurate market value estimation of your desired property.
<img style="float: left;" alt="number-3" height="30" width="22" src="/images/stories/2013/09/17/number-3.jpg"> It’s wise to research the prior sales history of the house or unit, along with its recent on-the-market history. Its helps to know if it’s been previously marketed or passed in at unsuccessful 2012 or 2013 auction.
<img style="float: left;" alt="number-4" height="30" width="22" src="/images/stories/2013/09/17/number-4.jpg">It’s a good idea to find out what you can about the vendor's circumstances as this could be useful in your approach before or after the auction.
<img style="float: left;" alt="number-5" height="30" width="22" src="/images/stories/2013/09/17/number-5.jpg">Given its most likely been some years since your last, its best you get an idea of how auctions work by attending a few.
<img style="float: left;" alt="number-6" height="30" width="22" src="/images/stories/2013/09/17/number-6.jpg"> Getting your finance ready with lender pre-approval before attending the auction is wise as if you are the successful bidder it will be an unconditional sale with no cooling off.
<img style="float: left;" alt="number-7" height="30" width="22" src="/images/stories/2013/09/17/number-7.jpg">Setting a price limit is wise based not just on calculating what you can afford, but also common sense. Having a slight buffer is also worth considering, but not going in over your head and paying too much in the intensity of the auction.
<img style="float: left;" alt="number-8" height="30" width="22" src="/images/stories/2013/09/17/number-8.jpg"> By the time the auction comes around, you should have the contract checked by your conveyancer or solicitor, along with pest and building inspections.
<img style="float: left;" alt="number-9" height="30" width="22" src="/images/stories/2013/09/17/number-9.jpg">One tactic is not bidding until the reserve is revealed by the auctioneer when the auction is well underway, although its not necessarily going to yield the prize. Bidding after what you sense as being the final vendor bid makes sense as it allows you to be in the box seat to negotiate with the agent. But don't rush into the negotiating room, hover to actually see who else was interested in the offering as they exit.
<img style="float: left;" alt="number-10" height="30" width="53" src="/images/stories/2013/09/17/number-10.jpg"> Never let the listing agent know what is your upper spending limit, so keep your cards close to your chest.
<img style="float: left;" alt="number11" height="30" width="41" src="/images/stories/2013/09/17/number11.jpg">Confident bidding can work, but not bidding bullying. Quick reply bids can keep put pressure on other bidders, but slow bidding can equally yield the result too. It really depends on the specific circumstances of each auction and the bidding tone.
And to try to avoid the pressure a smart pre-auction offers can work by avoiding the looming competition and the owners might just been motivated to sell quickly as they have bought elsewhere and may just well agree to an offer beforehand to minimise their own stress.
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11 tips to avoid becoming spring auction pushover buyers

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<img src="/images/stories/2013/09/06/HE-SAID-WORDS.jpg" width="132" height="30" alt="HE-SAID-WORDS"><img src="/images/stories/2013/09/06/NOT-NECESSARILY.jpg" width="280" height="30" alt="NOT-NECESSARILY"><img src="/images/stories/2013/09/06/jc-silhouette-5.jpg" width="200" height="300" alt="jc-silhouette-5" style="float: right;">
It is prudent to look beyond a suburb’s best patch, whether you’re buying for investment or your own home.
Wise pricing is extremely important when buying in any area, and properties situated on a suburb fringe may offer better value than those in premium precincts.
Evidencing this is last weekend’s highly competitive auction of a crumbling deceased estate at Erskineville, an inner city suburb of Sydney.
In the suburb’s prized patch, known locally as the ‘Golden Triangle’, the 82 square metre Park Street property is situated directly opposite Erskineville Park.
Despite the dilapidated condition of the two-storey terrace, Laing+Simmons Potts Point issued contracts to 40 prospective purchasers during the marketing campaign.
On auction day, 25 bidders registered which resulted in 10 people competing to push the price up to $890,000 – much higher than the initial $750,000 price guide from agent Nuri Shik.
As Property Observer noted earlier this week, $890,000 for 43 Park Street reflects a land rate of $10,800 per square metre – more than double the land rate of a nearby John Street property sold in April through local agent Braden Walters.
In a similarly run-down condition to the Park Street house, the one-storey three-bedroom terrace (on a 186 square metre block) at 26 John Street sold for $770,000 which reflected $4,100 a square metre.
About five minutes walk from the Park Street property, yet equidistant to Erskineville village and railway station, John Street lies outside the suburb’s coveted ‘Golden Triangle’.
Home buyers and investors should do detailed research on suburb prices before buying a property, but be selective about which area to buy because some parts of a suburb could perform better than others.
If you’re going to buy in a less fashionable part of a suburb look for a property with fair market value, as well as telltale signs of future price growth – these could include gentrification of a particular street with period houses and proximity to shops, transport and schools.
Cheaper precincts can hold good prospects for capital gain because when prices of a suburb’s top-end properties rise, there is usually a ripple effect on surrounding areas.
<img src="/images/stories/2013/09/06/SHE-SAID-WORDS.jpg" width="149" height="30" alt="SHE-SAID-WORDS"><img src="/images/stories/2013/09/06/NOT-NECESSARILY.jpg" width="280" height="30" alt="NOT-NECESSARILY">
<img src="/images/stories/2013/09/06/mb-silhouette-4.jpg" width="200" height="300" alt="mb-silhouette-4" style="float: left;">You can buy outside the best part of a suburb, but you need to be very careful not to pay over the odds or let emotion and perception drive an impulsive purchase of a property which could result in a financial fiasco.
Take Sydney’s Paddington for instance, where the most expensive homes traditionally are on the suburb’s northern side which is considered superior to the precinct on the south side of Oxford Street.
In October 2011, actor Toni Collette and her musician husband, David Galafassi paid a huge price of $6.35 million for a Paddington terrace in Stewart Street on the suburb’s southern side.
Collette and Galafassi failed to settle on their $6.35 million purchase after they changed their minds about buying the house. This change of heart resulted in a legal suit by the vendor, Susan Kelly, to recover her losses which included a lower sale price of $5.5 million for the property when it traded in April.
In May the court ordered Collette and Galafassi to pay $814,000, plus the deposit, plus legal costs to Kelly.
To my mind, this substantial loss was incurred because the Collette/Galafassi purchase showed a lack of understanding about paying a premium price in a lesser part of Paddington (the southern side of Oxford Street).
However, many people have reaped rewards by not paying too much for a large property in a less fashionable part of a suburb – and then being careful not to overcapitalize on renovations.
Among these are businessman Neville Miles and his artist wife, Beryl, who bought a warehouse residence, situated in an unfashionable part of Surry Hills, for $3.1 million in June 2009.
Located one block from busy Fitzroy Street which carries a lot of traffic, the circa 1870 building stands at the corner of Marshall Street and Bennett Place.
After extensively renovating the property, the couple sold it for a record-setting $5.71 million in February 2012.
However, there are circumstances when you should rule out buying a residential property in a suburb’s cheaper precinct where detrimental factors won’t change – these include close proximity to factories and freeways.
If you’re careful to choose a property with desirable attributes such as a north aspect, renovation potential and a location with gentrification upside, then it could be a better choice than the best street’s worst house of hideous design and wrong aspect. The key factor is not spending too much.
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Should you only consider buying in the best part of a suburb? He Said/She Said

Jamberoo House, the award-winning Glenn Murcutt- designed residence on 1.5 hectare at&nbsp;Saddleback Mountain, has been listed for sale.

The 1982 residence has been listed by Woollahra&#39;s White family who bought it for $700,000 through estate agent Drew Lindsay, in conjunction with agent Martin Schiller in 1996.&nbsp;

The house consists of two consecutive parallel pavillions - a winter living space focused around an original farmhouse fireplace and a summer living area.

The&nbsp;timber-framed&nbsp;house designed by world-renowned architect Glenn Murcutt won a Merit Award for outstanding architecture from the Royal Australian Institute of Architects and is recognised as one of the finest of Murcutt&#39;s long houses.

The architectural plans for its 2003 renovations are <a href="https://acms.sl.nsw.gov.au/item/itemDetailPaged.aspx?itemID=845824" target="_blank">filed at the State Library of NSW</a>. The plans were published by Habitus.

It was initially set on 82 hectares with four separate titles.

It was sold on its 1.5 hectare holding to&nbsp;the late hotelier and occasional developer, Ron White and his horticulturalist wife, Robyn.

Vivienne Marris of Elders Jamberoo Sally Hampshire at Laing+Simmons Double Bay who hold $2.8 million plus expectations.

The long Glenn Murcutt-designed Fredericks/White House in Jamberoo listed

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Actor Joel Edgerton has bought in North Bondi after selling his Darlinghurst apartment. The O'Donnell Street semi purchase (pictured below) cost $1.58 million through GoodyerDonnelly.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/09/13/edgartoon-sept-13-one.jpg" alt="edgartoon-sept-13-one" width="470" height="430">
The Crown Street, Darlinghurst apartment sold through BresicWhitney for $735,000 having been bought for $485,000 in 2001.
It was a 120 square metre two bedroom apartment. The buyers had bought another apartment in the same block in late 2011.
Born in Blacktown, Edgerton spent his childhood around Parramatta and Parklea then studying drama at the University of Western Sydney.
His first home cost $200,000 in Parramatta North.
(An earlier version wrongly suggested he was born in Bankstown.)
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Blacktown boy Joel Edgerton buys in North Bondi

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The super rich don't just have mansions - they have expanding property compounds.

Property accumulation - and their ensuing lengthy ownership - feature especially amid the power games of Sydney's richest media families.

So it came as no surprise to Title Tattle that the Packer dynasty have spent $4 million more in Bellevue Hill.

But it was Gretel Packer who's proven like father, like daughter. Or actually like grand-father, like grand-daughter since it was Sir Frank Packer who made the original acquistions in the pricey Sydney suburb.

Cairnton, the family compound, was secured by the late Sir Frank Packer in 1935 for 7,500 pounds. Then Sir Frank, in five separate purchases, spent more than 28,000 pounds expanding Cairnton.

Following Sir Frank's death, the family's Bellevue Hill fiefdom gained another five separate acquisitions via his son, Kerry and his wife, Ros costing about $9.1 million. They included convenient over-the-back fence boltholes for his then youthful only son, James and only daughter, Gretel. Both subsquently left the expanded family nest.  

After years at Bondi Beach, James Packer bought the landmark 1972 Guilford Bell-designed house for $18 million in 2009, adding two more houses to the Vaucluse estate at a $12 million cost before the amazing rebuild.

Gretel has been quiet since 2000 when she bought the 1919 Bellevue Hill residence, Winston  for $11.25 million. It (highlighted below right) was bought from investor David Archer and his wife Vicki who had paid $5 million in 1989. Designed by Edwardian architect John Manson for Bank of NSW general manager Sir John French, it sits on a 1,740 square metre block with previous owners including the publisher Ezra Norton and lawyer Sir Alastair Stephen. 

<img alt="title-tatlle-aerial-sept-12-two" height="353" src="/images/stories/2013/09/13/title-tatlle-aerial-sept-12-two.jpg" width="470">

However very quietly last month Gretel Packer spent $4 million on an adjoining property (highlighted above left) that adds 702 square metres to her holding - a little more space for her three children and staff.

It was the first opportunity to buy the property since 1999 when sold by the solicitor turned Magic Millions chief executive John Needham whose father John Snr paid $190,000 in 1978. It was sold by the Needhams at $2.21 million to the battleaxe neighbours.

Gretel Packer bought the property from Edward Fairfax Simpson, the son of the late Caroline Fairfax Simpson whose late father was the media proprietor, Sir Warwick Fairfax.

One can't quite call it a true compound acquisition because there is a right of way between Gretel's two holdings that leads down to Edward Simpson's own house.

But that's another sale for Title Tattle to watch out for, although possibly not for many decades.

And ofcourse Le Manoir, Lachlan and Sarah Murdoch's $23 million Georgian estate in Bellevue Hill, got bigger in 2011 when they spend $2.63 million spent on a property next door to their initial $23 million initial 4097 square metre purchase.

<h2>Recently listed properties:</h2>

[smartcode_project:default project_id=29048]

[smartcode_project:default project_id=2881]

[smartcode_project:default project_id=22057]
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Fairfax sell to Gretel Packer who joins the Bellevue Hill property compound power games club

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With seven buyers in the room, the Westpac Bank branch at 26 Hall Street Bondi Beach sold at auction this week for $6,426,000.
Colliers International agents Matthew Meynell and Brian McInally had given a $5.5 million reserve price to the Cooley Auctions who took around 75 bids for the investment property.
Its sale priced represented an approximate 4.93% yield.
Bidding had opened at $4 million on the highly desirable investment with its 512 square metre net lettable area.
Its leased to Westpac on a 5 + 5 year lease at a net $317,000 annual income. There was an apartment on top of the bank.
The site has a FSR 2:1 and 13 metre height limit.
It's a 200 metre walk to Bondi Beach.
"Due to its prime location and exceptional development potential, it will feature as one of the key eastern suburbs investment sales of 2013," the marketing said.
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Bondi's Westpac Bank branch sells

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Tracey Bartholomew, the wife of big punter, Sean Bartholomew, has spent $8.8 million on a Vaucluse house.
It was sold by Baydon Fischer, the Asia Pacific head of trading for Dutch derivatives company Optiver, and his wife, Megan, through McGrath agent Ben Collier in conjunction with Bart Doff of Laing+Simmons Double Bay.
It was designed by architect Michael Suttor with interiors by Cameron Kimber after its early 2011 completion.
The three-level residence is on a 1056-square-metre block with a heated pool and gardens by Paul Bangay.
It had been expected to sell for more than $9 million, when marketed earlier this year as "one of Sydney's most elegant and exceptionally finished family homes."
It came with huge travertine island kitchen, with Gaggenau combiset cooktop, three ovens, two Miele dishwashers, Liebherr twin fridge/freezers, butlers pantry and walk in pantry with dumb waiter to garage.
The Fischer family built the five-bedroom house after buying the property for $4.7 million in 2008 from developer Bryan Rose from Rose Group.
It had been a large four bedroom Californian bungalow with huge rear garden that had previously been a tennis court when it was sold in 2008.
Its second storey allows a 360 panorama of the Pacific Ocean, Sydney Harbour and city skyline.
Bartholomew's business, Racing Odds which was well known in the industry for its ability to take on larger bets, was acquired by Sportsbet in 2009.
Sean Bartholomew kicked off his career in the Sydney betting rings working for bookmaker Warren Woodcock, later becoming a commission agent. He calls himself a statistics punter.
He sold his Dover Heights house last month for $4.81 million, having paid $4.8 million in 2006. It was initially listed for March 2012 auction.
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Bartholomew bookie family punts on Vaucluse offering

Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/6RNt3AvtBpI?si=JUhuCV2ZRXsYaoJZ" title="YouTube video player" width="560"></iframe>

Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

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For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

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As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Joel Robinson

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<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.

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&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]

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."

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/X8K0Bozug7A?si=Puwc6vx_ZO0qQZF8" title="YouTube video player" width="560"></iframe>

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.

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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]

Jonathan Chancellor

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