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The five bedroom Kooyong trophy home Engholm House, built in 1911, goes under the hammer September 2 at private Abercrombey's auction.
The landscaped home, <a href="https://www.realestate.com.au/property-house-vic-kooyong-120416029" target="_blank">404 Glenferrie Road, Kooyong</a>, sits on a 1858 m² block and comes complete with north-south tennis court, swimming pool and pool house with kitchenette.
It was designed by architect Harold Desbrowe-Annear and update in the 1930s by Marcus Martin. 
The kitchen and dining rooms are equipped with Statuo marble benchtops, with Miele appliances and butlers pantry.
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Kooyong trophy Engholm House listed

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A private investor has paid $9.55 million for an 11 unit apartment block with a mix of four, two and three bedroom units close to the Sydney CBD.
The <a href="https://www.domain.com.au/sold/38-morton-street-wollstonecraft-nsw-2065-2012106146" target="_blank">30 Morton Street Wollstonecraft</a> property has 15 undercover parking spaces and is only eight years old. Apartments within the block will be offered for sale immediately, said selling agent John Simpson-Morgan from Raine &amp; Horne.
“We’ve managed the property for the owner since the building’s completion in 2007, and it is currently fully-leased and generating an annual income of $380,000,” Mr Simpson-Morgan said.
"ML Noble Properties Pty Limited bought the whole building in one line and plans to immediately offer each unit for sale individually.
“The owner plans to take advantage of the strength of the local unit market, caused by lack of stock of similar apartments in the area, historically low interest rates, and strong interest in this type of product from overseas buyers."
Mr Simpson-Morgan said over the course of the 4 week auction campaign he fielded 141 enquiries and showed it to more than 75 interested parties. On auction day there were 7 registered bidders. 
 
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A modern apartment block at 38 Morton Street Wollstonecraft, on Sydney’s Lower North Shore, sold at auction on Tuesday 11 August to ML Noble Properties Pty Limited, a privately held Mosman-based company, for $9.55 million.
The winning vendor is planning to offer each unit for sale immediately to individual owner-occupiers and mum and dad investors, according to selling agent John Simpson-Morgan, Principal of Raine &amp; Horne St Leonards. 
ML Noble Properties Pty Limited bought the whole building in one line and plans to immediately offer each unit for sale individually.
” says Mr Simpson-Morgan.
The average price for an apartment in Wollstonecraft is $890,454, according to the latest data from Raine &amp; Horne.
The block of 11 apartments includes a unique four-bedroom apartment, plus a mix of 2-bedder and three 3-bedder units, and is built on a large site area of 841 sqm, including a gross building area of 1,386 sqm. 
“Though the property is on a strata title, there has been only one owner since 2005,” says Mr Simpson-Morgan, who originally sold the undeveloped site to the vendor.
“We’ve managed the property for the owner since the building’s completion in 2007, and it is currently fully-leased and generating an annual income of $380,000.”
The final sale price of $9.55 million exceeded the vendor’s expectations significantly, according to Mr Simpson-Morgan, who contends that the result underlines the demand for quality properties in desirable locations such as Wollstonecraft.
 
Apart from its market value, the apartment block’s proximity to North Sydney Boys, one of Sydney’s leading selective high schools, and Waverton Railway Station, attracted attention.
“The property is also located 550 metres from popular Brennan Park, which will appeal to future buyers and tenants,” says Mr Simpson-Morgan, who will be managing the resale process on behalf of ML Noble.
“This is an ultra-modern block that comes with 15 undercover car spaces and will deliver excellent returns and generous depreciation benefits to future investors, given the property is still only 8 years old.”
To make enquires about buying an apartment in the complex at 38 Morton Street, Wollstonecraft, contact Raine &amp; Horne St Leonards on 02 9439 2233.
 
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Wollstonecraft apartment block sold for $9.55 million

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The WA city of Albany is the top performer in regional property for the sate over the previous financial year.
Median house prices in the Albany Urban Area grew 5.3% to $389,750. 
Other performing suburbs  included Bayonet Head, up 8.8 % to a median of $397,000, Mount Melville, up 5% to $380,000, and Spencer Park, up 4.9% to $350,000. 
Yakima had the greatest number of house sales at 52, with a median price of $388,750.
Barry Panizza, REIWA’s branch chairman for Albany, said the lift in median price over the last year really only brings us back to where we were five years ago because the market has been weak for that long.
"It’s encouraging to think that we might now be returning to a better position of forward growth and it gives buyers and sellers a bit more confidence," Mr Panizza said.
The second best performing regional centre was the Busselton Urban Area, with suburb Abbey recording a median price of $625,000, up 15.7% over the year.
Goldfields/Esperance had 3.1% growth and Kalgoorlie growth was up 7.6% growth to $317,500. Piccadilly had a 20.2% lift to $375,000. 
Karratha’s median price fell 32.3% to a median of $440,000, Port Hedland down 12 % to a median of $880,000  and South Hedland median fell 4.6% to $711,000.
 
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Albany tops regional WA results in 2014-15 financial year

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An international expression of interest has opened for the development of Western Australia's Rottnest Island resort and marina -  a 2.8Ha resort site with 350 metre water frontage.
The project will eventually include a 250 berth marina opposite the resort and, once built, will be the first &amp; only formal marina complex on the Island
Expressions of interest are being held through CBRE and close Friday, 18th September at 2pm.
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EOI opened for Rottnest Island resort, marina development

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Actor Cate Blanchett and director husband Andrew Upton have listed their 1877 heritage listed Sydney home Bulwarra with $20 million hopes. 
They purchased the sandstone waterfront Hunters Hill trophy home in 2004 for $10.2 million.
The celebrity couple are preparing to move to the United States.
Bulwarra, on 3,642 square metres, has five bedrooms that open to a verandah overlooking the water. A master retreat is housed in a private wing
The property is <a href="https://www.kenjacobs.com.au/2330308/" target="_blank">for sale through expressions of interest campaign</a> expected to begin in September.
It is being sold through Ken Jacobs of Christie's International.
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Cate Blanchett lists Hunters Hill trophy home

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One of the properties that generated the most interest this week on realestateview.com.au is a five bedroom home on 527 sqm in the western Sydney suburb of Kellyville Ridge.
The property,<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9317714" target="_blank"> 3 Vinegar Hill, Road Kellyville Ridge</a> has a resort style backyard offers a large undercover pergola area with built-in bbq and bench space, plus a timber decking area with a 2.4m x 4.5m swim spa.
The property goes to auction at 2pm, Saturday September 5.
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A one bedroom Richmond Victoria apartment is generating huge interest with potential investors, according to realestateview.com.au.
<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9286164" target="_blank">1/87 Westbank Terrace, Richmond, Victoria</a>, has a private courtyard, an outdoor decking with french doors and open plan kitchen.<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9286164" target="_blank"></a>
It goes to auction at 1pm, Saturday August 29 with a price guide of between $450,000 to $470,000.<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9286164" title="Add to your calendar"> </a>
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A five bedroom at <a href="https://www.realestateview.com.au/Real-Estate/lot-15-moontongue-drive-gol-gol/Property-Details-buy-residential-9201008" target="_blank">196 Fagans Road, Lisarow, NSW</a>, is also one of the most clicked homes on realestateviews.com.au this week.
The five acre property has an open plan lounge and dining room, separate rumpus room, office/study and library room, as well as an in-ground heated swimming pool.
It is currently listed for sale with a price guide of around $960,000. <a href="https://www.realestateview.com.au/Real-Estate/lot-15-moontongue-drive-gol-gol/Property-Details-buy-residential-9201008" title="Add to your calendar"></a>
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Kellyville Ridge listing catching most clicks: Realestateview.com.au

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The total number of new listings nationwide is beginning to level, however they are still at a higher number than this time last year, according to CoreLogic RP Data.
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The Housing Market and Economics update for August found a 10.1% increase in new national property listings over the last 12 months.
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New listings nationwide starting to level: CoreLogic RP Data

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Some 2,167 capital city auctions are slated for the week ending August 16 according to CoreLogic RP Data - a slight fall from last week's 2,512 auctions.
The final combined city auction clearance rate for last week was 76.9%.
916 homes are slated for auction in Melbourne, a fall from last week's 1,085.
For the third week in a row the number of Sydney auctions are higher than Melbourne, with 952 set for this week. 578 auctions were held in Sydney this time last year.
129 auctions are set for Brisbane, Canberra 48, Tasmania 6, Adelaide 85 and Perth 31.
 
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More than 2,000 auctions get green light: CoreLogic RP Data

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An 11% rise in capital city home values nationally has pushed some 437 new suburbs onto CoreLogic RP Data's Million Dollar Club.
The club comprises suburbs where the median value of a median value of at least $1 million.
The membership requirement is that a minimum of ten sales above $1 million have to be made over the year.
According to CoreLogic RP Data head of research, Tim Lawless the rise in values has been strongest in Sydney and Melbourne, with the jump in the number of suburbs on the list is evidence of these strong value rises. 
"The top 20 most expensive suburbs list show that Sydney suburbs clearly dominate the record board and account for 17 of the 20 most expensive suburbs nationally… On the other hand, only 1 Melbourne suburb and 2 Perth suburbs made it to the millionaire suburbs list," Mr Lawless said.
"There were also significantly more suburbs making the list for houses (424) than units (13). In fact, all of the suburbs listed for units were situated in Sydney and were located adjacent to or on the water. 
"With growth levels potentially moderating over the coming year we aren’t likely to see as substantial a jump in the number of suburbs as what has been seen over previous years."
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437 new suburbs make CoreLogic RP Data's Million Dollar Club

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Future new home development on the Gold Coast is ramping up in areas such as Hope Island, Beenleigh and the Scenic Rim (west), with building costs increasing at the lower end of the scale, but not greatly for the prestige and higher-end market when compared to 2009. 
Herron Todd White's August review noted builders and developers said the cost is higher due to raw materials costs and green compliance, adding to the cost per square metre. 
HTW said most of the remaining vacant sites in <a href="/news">Helensvale</a>, River Links and The Peninsula, will be developed in the next few years and warned that valuation of off the plan housing can be a minefield as rates for very similar products can range from $1,100 per square metre to over $1,600 per square metre. 
"These estates have building covenants which attract architecturally designed and quality project packages that range on a rate per square metre basis from $1,100 to $1,700 for living area," HTW noted. 
"These dwellings will mostly feature attractive mixed cladding, stone benchtops throughout, ducted air-conditioning and often leave landscaping and pool packages outside the building contract. These estates have smaller lot sizes ranging from roughly 300 square metres to 600 square metres and therefore attract investors, project builders and turnkey packages. 
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"These building contracts are typically $200,000 to $275,000. Floor plans are usually compact 3-bedroom plus study or 4-bedroom and the rates per square metre of living are generally $1,000 to $1,200 which has crept up from our previous review in 2009."
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On the North Western M1 corridor, Maudsland's, Riverstone Crossing, Highland Reserve and Coomera Springs are showing consistent land value increases, according to the report.
 
 
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Gold Coast's new home development hotspots: HTW

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

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MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

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Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

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Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

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Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

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The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

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Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

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“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

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Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

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Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

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The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

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Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Michael Crawford

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