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A Queen Anne-style residence in Hawthorn is on the market with $4 million plus hopes.
The five-bedroom home at 27 Kinkora Road Hawthorn boasts art nouveau features restored by master craftsman Derek Marvelley.
The c1907 residence includes original formal rooms and recently renovated living areas.
Boasting bay windows, polished timber floors and an arched hallway, the 1,393-square-metre property also includes an outdoor entertaining area and pool.
IT industry figured Carmelo Zampaglione and his wife, Gina, have owned the Queen Anne residence for 15 years.
The couple bought the property from former footballer Barry Richardson in 1998 for $1.15 million.
The property is due to go under the hammer on August 24 through <a href="https://www.27kinkoraroadhawthorn.com/" target="_blank">James Tostevin of Marshall White.</a>
The most expensive sale in the street was for an Italianate mansion at 39 Kinkora Road, which sold at auction in 2007 for $5.205 million.
The median house price in <a href="/news">Hawthorn</a> is $1,222,500, a 2.7% change in five years, according to RP Data.
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Queen Anne-style Hawthorn house with $4 million plus hopes

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A five-bedroom home on the former Prix D’Amour site in Mosman Park is on the market for $7.5 million plus.
Located at 31 Owston Street, the property features floor to ceiling glass walling, a theatre, outdoor kitchen and an infinity pool. 
It also includes a 45-metre Swan river view corridor.
Private property developer Arash Shakibaee bought the 1,110-square-metre lot in 2007 for $3.8 million.
The Prix D’Amour site previously boasted a 16-block mansion owned by Gina Rhinehart’s former step mum Rose Porteous and Lang Hancock.
Porteous commissioned the demolishment of Prix D’amour in 2006 and the 8,100-square-metre site was subdivided into lots.
<img src="/images/stories/2013/07/yieldsbanner.jpg" alt="yieldsbanner" width="470" height="127">
Peter Burns of <a href="https://www.mackhall.com.au/for-sale/mosman-park/owston-31-street/263910.aspx" target="_blank">Mack Hall Real Estate</a> has the listing.
The median house price in <a href="/news">Mosman Park</a> is $1.185 million, a 12.2% decline in the past five years, according to RP Data.
<img src="/images/stories/2013/05/trophyhomesstrapone.jpg" alt="trophyhomesstrapone" width="470" height="57">
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Prix D'Amour Perth estate trophy home listed for $7.5 million

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Australand has announced the launch of Metro, the newest residential building in the masterplanned community Discovery Point, following continued strong buyer demand.
Located 10 kilometres from the Sydney CBD in Wolli Creek, some 400 apartments have sold in the last two years at Discovery Point and upon completion, Discovery Point will include 1,800 apartments.
Metro (pictured below) is located in the heart of the community and will include 70 one- and two-bedroom apartments.
<img alt="metro-aug-19" height="655" width="470" src="/images/stories/2013/08/metro-aug-19.jpg">
One-bedroom apartments range in price from $410,000 to $515,000 and range in total size from 60 square metres to 72 square metres. 
Two-bedroom apartments range in price from $555,000 to $725,000 and range in total size from 78 square metres to 125 square metres.
Australand NSW residential division general manager Nigel Edgar says Metro offers an opportunity to enter the inner Sydney market.
“We anticipate the launch of Metro will prove extremely popular with first home buyers, investors and owner occupiers looking for a property that complements a metropolitan lifestyle,” says Edgar. 
“Metro will offer a lively atmosphere with close proximity to the neighbourhood park and village square where the cafes, restaurants, supermarket and speciality shops will be perfect for socializing and dining.
“Buyers are embracing the urban lifestyle and placing great priority on the facilities that are available to them in addition to their new apartment,” says Edgar.
Metro will also include a landscaped podium with a pool, gym and community centre.
It is expected to be completed by the end of 2014.
The first <a target="_blank" href="https://www.propertyobserver.com.au/developments/sydney-discovery-point-development-launches-fifth-stage-after-previous-successes/2011102351974">five stages</a> at Discovery Point are sold out with apartments still available in Watervue and <a target="_blank" href="https://www.propertyobserver.com.au/developments/strong-sales-at-summit-at-discovery-point/2013070762891">Summit</a> (pictured below).
{yoogallery src=[images/stories/2013/07/july8summit]}
The median apartment price in <a target="_blank" href="/news">Wolli Creek</a> is $505,000, a 22.7% change in the past five years, according to RP Data.
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Australand launches Metro at Discovery Point following strong buyer demand

A penthouse in the iconic 1940s Sheridan Close building on St Kilda Road is on the market for $1.2 million plus.

Located at 487 St Kilda Road, the property features four bedrooms, three bathrooms and two rooftop decks.

The 200-square-metre property boasts a 1970s refurbishment but has the potential to be renovated.

It is also exclusively serviced by a lift.

Listing agent Fiona Evans of Williams Batters says the listing has been well received.

&ldquo;People have just been swarming in,&rdquo; says Evans.

&ldquo;People have just seen it for so many years and just want to know what is it, but quite a lot of people are interested in it for the renovation,&rdquo; says Evans.

Designed by architect and former mayor of Melbourne, Sir Bernard Evans, Sheridan Close commenced building in 1949 and was first occupied in 1953.

The late vendors of the penthouse &ndash; Hilly and Queenie Cantwell - were only the second owners and purchased the property in 1973.

Queenie and Hilly ran the Stork Hotel, opposite the Queen Victoria market from 1940 to 1969.

&ldquo;It&rsquo;s a genuine time warp from 1973,&rdquo; says Philippe Batters of Williams Batters.

The penthouse will go under the hammer on August 24 through <a href="https://www.williamsbatters.com.au/?pageCall=property&amp;propertyID=2407567&amp;realestate=487_St_Kilda_Road_MELBOURNE_VIC_3004" target="_blank">Fiona Evans and Philippe Batters of Williams Batters.</a>

The median unit price in <a href="/news">Melbourne</a> is $411,500, a 16.6% change over the past five years, according to RP Data.

Iconic Sheridan Close penthouse on St Kilda Road listed at $1.2 million plus

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Lawyer Elisa Robinson and husband Scott have listed their Richmond home for August 31 auction.
Located at 11 Gough Place, the three-bedroom home is listed with a $870,000 plus price guide.
The property features a corian stone kitchen, polished floorboards and a private deck.
It is listed with Elliot Gill and Jodie McCarthy of J<a href="https://www.jelliscraig.com.au/index.cfm?objectid=6F101E48-D453-ADC5-E012FA57B54C1023&amp;pid=20082#.Ug112uBAt6o" target="_blank">ellis Craig Bennison Mackinnon.</a>
The median house price in <a href="/news">Richmond</a> is $769,000, a 10.6% change in five years, according to RP Data.
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Lawyer Elisa Robinson and husband Scott have Richmond home for August auction.

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The auction spotlight is on the inner city suburb of Richmond this weekend, with 14 properties scheduled to go under the hammer, according to Real Estate Institute of Victoria.
There will be a total of 650 auctions across Melbourne this weekend, with the clearance rate expected to remain above 70%.
Every weekend in August has so far recorded a clearance rate above 70% and is tracking substantially better than last year, when the average winter clearance rate was 57%.
RP Data suggests Richmond house prices are 5.6% weaker than this time last year at $769,000, which is also well down on the 2012 peak of $815,000 and the 2010 peak of $825,000.
A two-bedroom home at 37 Wall Street in Richmond is scheduled to go under the hammer with a $700,000 plus price tag.
The 112-square-metre property features a north facing courtyard and garden, and was last advertised in 2007 for $450,000 plus.
It is listed through Edward Hobbs and Tabitha Robb of <a target="_blank" href="https://www.propertyobserver.com.au/https://www.bigginscott.com.au/property/details/12024">Biggin &amp; Scott Richmond</a>.
Meanwhile the dearest home sold in the 2011 Block Richmond renovation series has been listed for August 31 auction.
It’s the three-bedroom <a target="_blank" href="/news">37 Cameron Street Richmond</a> cottage renovated by Josh and Jenna.
The Edwardian cottage sold for $1 million and its latest price guidance is $1 million plus through Russell Cambridge and Allan Cove of Biggin &amp; Scott.


<a target="_blank" href="https://www.jelliscraig.com.au/index.cfm?objectid=6F101E48-D453-ADC5-E012FA57B54C1023&amp;pid=20082#.Ug112uBAt6o"></a>
Camberwell will be the second busiest suburb this weekend, with 12 scheduled auctions.</body></html>

Richmond the mid-August weekend auction spotlight

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Buying property overseas has always seemed appealing, with France being one of the first choice for Australians when buying abroad.
Host of Channel Nine's The Voice, Darren McMullen, has <a href="/news">purchased a 19th century restored water mill in south-west France</a> known as Le Petit Moulin.
Property Observer has compiled a list of tips and tricks when buying in the country of love.
<ol>
<li>The timing of your entry and exit to an overseas property market is critical. Following the GFC, property prices around the globe tumbled but France was more resistant than other countries. Keep an eye on fluctuating <a href="https://www.rba.gov.au/statistics/frequency/exchange-rates" target="_blank">exchange rates</a> and buy when the Australian dollar is strong.</li>
<li>Mortgages are relatively cheap in France, according to <a target="_blank" href="https://www.french-property.com/guides/france/purchase-real-estate/legal/top-tips/">French-property.com</a>. A 10% deposit is not obligatory, so you may be able to pay a lower deposit than you would in Australia.</li>
<li>Don’t buy in places that close down in winter if you play on renting your property out. According to David Stratford of <a href="https://www.frenchdesire.com.au/news/we-now-own-three-properties-in-france/" target="_blank">French Desire</a>, 10 weeks a year of rental occupancy is realistic, with some areas reaching 15 weeks.</li>
<li>Foreigners face two annual <a href="https://internationalliving.com/real-estate/countries/france/taxes/" target="_blank">property taxes</a> and also incur a tax if selling a property within 30 years of purchase.</li>
<li>
<a href="https://www.bbc.co.uk/languages/french/" target="_blank">Brush up on your French</a>! Always get contracts professionally translated and speak with locals to broaden your knowledge of the area.</li>
</ol>
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Five tips for Aussies buying abroad in France 

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He's not officially as Aussie buying abroad, but host of Channel Nine's The Voice, Darren McMullen, has purchased a 19th century restored water mill in south-west France known as Le Petit Moulin.
McMullen took to his Instagram to announce the news, calling the new home “paradise”.
Located in Salies-de-Bearn, the three-bedroom character mill was listed for €346,500, approximately $506,099.
The mill stream is approximately 100 metres long and is relatively simple to maintain.
Listing agent Joanne Davey says the property has barely been occupied since the renovations, so the work is fresh and untouched.
The property has been furnished by an interior designer, with the option to purchase the furniture through a separate transaction.
The Scottish born McMullen is currently based in Europe working on a travel show for National Geographic.
Le Petit Moulin was listed through <a href="https://www.frenchcharacterhomes.com/properties/water-mill-for-sale-south-west-france/" target="_blank">Joanne Davey of French Character Homes</a>.
You can also read <a target="_blank" href="https://www.propertyobserver.com.au/news/five-tips-for-aussie-s-buying-abroad-in-france/2013081564264?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=newsplus">five tips for Aussie's buying abroad in France</a>. </body></html>

Channels Nine's The Voice host Darren McMullen buys French water mill abode

Former Wallabies coach Bob Dwyer and his wife Ruth have listed Two Gates Farm, East Kangaloon in the New South Wales Southern Highlands with&nbsp;$5 million plus hopes.

Set&nbsp;on 40 hectares, the property features a Richard Rowe-designed home in&nbsp;Annie Wilkes-designed gardens.

The&nbsp; four bedroom solar passive home comes with a self-contained guest quarters. There&#39;s a&nbsp;swimming pool and tennis court. Its bordered by lush pastures bordered by dry-stone walls and&nbsp;remnant rainforest.

The couple&nbsp;purchased the land in 2002 for $865,000, shortly before the&nbsp;World Cup winning coach&nbsp;resigned as a rugby coach in 2003.

The down sizing couple have&nbsp;purchased a $550,000 three-bedroom Bowral house, with a view over Bowral gold course,&nbsp;which had been for sale since late 2011 at $670,000.

The property is listed through Drew Lindsay of Drew Lindsay Real Estate.

Former Wallabies coach Bob Dwyer lists Southern Highlands home

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Stockland will release the first stage of its new Willowdale development in the south-west Sydney suburb of Denham Court this weekend.
Willowdale is part of the larger $1 billion residential development in the East Leppington precinct.
Willowdale will ultimately comprise of approximately 3,000 homes across a 350-hectare site, with the first stage of 49 lots to be launched on August 17.
<img alt="willowdale-aug-16-two" height="461" width="470" src="/images/stories/2013/08/willowdale-aug-16-two.jpg">
Lots range in size from 350 square metres to 600 square metres and start at $229,000.
Willowdale is located 1.5 kilometres from the future Leppington train station, which will be part of the upcoming south west rail link.
Residents will have access to a local shopping centre, 25 hectares of open space and a primary school.
Willowdale will go to market as one of Stockland’s higher margin projects, as the company looks to broaden its market reach by expanding its medium density offering.
<img alt="willowdale-aug-16-three" height="245" width="470" src="/images/stories/2013/08/willowdale-aug-16-three.jpg">
The Stockland managing director Mark Steinert has described the past year as a "trough" year for Stockland as it <a href="https://www.propertyobserver.com.au/land/trough-year-for-stockland-who-are-now-focused-on-higher-margin-residential-projects/2013081264138" target="_blank">reported its results for the year ending 30 June 2013</a> with its underlying $494.8 million profit, down 27% on the previous corresponding period.
"This has been a challenging year and we have responded with a number of important strategic decisions that position our business for stronger future returns," says Steinert.
Stage two release dates are yet to be announced.
The median house price in <a href="/news">Denham Court</a> is $1.2 million, according to RP Data.
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Stockland launches Willowdale as part of $1 billion East Leppington residential development

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

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The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

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Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

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While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

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Nicola Trotman

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