The&nbsp;National Australia Bank&nbsp;executive Drew Bradford and his wife Allison are selling their Victorian-style mansion in Woollahra.

The five-bedroom 1884 home on Wellington Street is listed at&nbsp;$5.5 million.

Its been&nbsp;extended and restored to&nbsp;features a home cinema, gymnasium and cellar.

Set&nbsp;on 474 square metres of mostly manicured gardens, the Bradfords bought the two storey home from the former Challenger chief executive Dominic Stevens in 2005 for $4.46 million.

Stevens paid $1.605 million in 1996. Drew Bradford is the NAB&#39;s head of trading, institutional sales and research.

James Dack and Camilla Edwards of McGrath have the listing, in conjunction with Georgia Cleary of <a href="https://bradfieldcleary.com.au/3796649/19-Wellington-Street-Woollahra" target="_blank">Bradfieldcleary</a>.

The medium house price in <a href="/news">Woollahra</a> is $1,778,000, a 1.2% decline over&nbsp;the past five years, according to RP Data.

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NAB's Drew Bradford lists $5.5 million Woollahra trophy mansion

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Sugarloaf is the latest development to land in Sydney’s northern suburb Belrose, with 17 four-bedroom homes, architecturally inspired by Frank Lloyd Wright.
Located on Ralston Avenue and developed by Bazem Pty Ltd, homes range in price from $1.195 million to $1.45 million.
<a target="_blank" href="https://www.sugarloafbelrose.com.au/home.php">Designed by Marchese Partners</a>, the homes feature decorative stonework, exposed timbers, sculptured roofs, blade walls and geometric lines.
“Sugarloaf raises architectural standards in this suburb,” says Michael Van den Blink, sales manager of Sugarloaf.
“Belrose is a family-orientated area which is experiencing migration from other Sydney suburbs due to its proximity to beaches, its affordability and the established attractions,” says Van den Blink.
Homes feature interiors by Dallas Design and range in size from 260 square metres to 340 square metres.
The properties include balconies and rear courtyards with landscaping by Melbourne landscaper Paul Hamilton.
“Our Sugarloaf homes will suit a diverse range of residents, from young growing families through to downsizers.
“They have cutting edge design and functional floor plans that maximise the amount of useable space, storage options and views,” says Van den Blink.
Van den Blink says Belrose and surrounding suburbs are set to boom.
“Belrose has the leafy attributes of Roseville, Lindfield and Pymble, yet it is much closer to Sydney’s finest beaches which is a major attraction for families, and housing is around half the price of the North Shore.
“But there are signs that Belrose and the surrounding suburbs are about to boom, fueled by the Government’s recent commitment to the new Northern Beaches hospital at nearby Frenchs Forest,” says Van den Blink.
The first two homes will be open for inspection on September 17.
The median house price in <a target="_blank" href="/news">Belrose</a> is $878,000 a 10.4% change in the past five years, according to RP Data.
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Frank Lloyd Wright-inspired Sugarloaf homes set for Belrose

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The first homes in Darwin’s newest residential development The Heights, Durack, have commenced construction, with residents possibly moving in by Christmas. 
The $450 million development by CIC Australia has sold 150 blocks since launching the first four stages over the past 12 months.
“We are absolutely delighted to welcome the first builders onto the site and to see the first new homes at The Heights, Durack, begin to take shape,” says Geoff Smith, project director of The Heights, Durack.
Lots range in size from 303 square metres to 900 square metres.
Remaining lots range from $301,000 to $332,250.
Located 22 kilometres south east of the CBD, the development will include parks, bikes paths, walking tracks and a lakeside community centre.
“We have been working tirelessly on civil construction activities for almost 12 months, so to now proceed to housing construction is a great thrill for us, and most importantly for buyers whose plans are in the process of being brought to fruition,” says Smith.
Some 30 more homes are scheduled to commence construction by the end of the year.
Stages five and six are to be released in the coming months.
The median house price in <a href="/news">Durack</a> is $550,000, a 35.5% change in the past five years, according to RP Data.</body></html>

Construction commences in Darwin's newest residential development The Heights, Durack

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Chef Mary Ellis’ The Barn and Cliffys in Daylesford are scheduled to go under the hammer next month.
Cliffys Emporium at 30 Raglan Street has been part of the Daylesford streetscape since the 1860s but has operated as a café, wine bar and produce store since 2001.
The 183-square-metre property (pictured below)  is currently leased until June next year and returns approximately $24,000 per annum – a 4.8% rental yield.
{yoogallery src=[images/stories/2013/08/aug14day2]}
Located directly behind Cliffys is The Barn, a two-bedroom, two-bathroom bed and breakfast created by Mary Ellis 10 years ago.
Located at 1 Wombay Street, The Barn (pictured below) is situated on 362 square metres and offers a business opportunity or a private residence.
{yoogallery src=[images/stories/2013/08/aug14day1]}
A bedroom in The Barn can be booked from $460 for two nights.
Both properties were part of a larger nursery, which was subdivided in July 2008.
The properties will be sold one after the other, with <a target="_blank" href="https://www.abercrombys.com.au/buying_search_results.aspx?GID=520&amp;tp=520SearchResults&amp;Sub=Daylesford,&amp;Order=suburb&amp;Con=S">both properties listed </a>with a price guide each of around $500,000.
Listing agent Jock Langley says a couple of people have been interested in buying both as a package.
Langley says Cliffys has become a bit of an icon in Daylesford and is likely to be retained as a business.
The two properties will go under the hammer on September 8 through Jock Langley and Sam Goddard of Abercromby’s Real Estate.
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Daylesford's iconic Cliffys and The Barn to go under the hammer

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&nbsp;also boasts art nouveau features restored by master craftsman Derek Marvelley.

The 1907 residence includes&nbsp;original&nbsp;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&nbsp;residence for 15 years.

The couple bought the property from former Richmond footballer Barry Richardson in 1998 for $1.15 million.

The property is due to go under the hammer on August 24 through James Tostevin of Marshall White.

The most expensive recorded 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.

Queen Anne-style Hawthorn residence listing

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There are still seven apartments up for grabs in the $40 million boutique beachfront apartment complex Bathers in Cronulla.
Developed by Mondell Property Developers, Bathers features 12 three-bedroom apartments, including penthouses, ranging from $2.55 million to $4.25 million.
The most expensive sale in the complex was $4.25 million for one of the penthouses.
Listing agent Steve Day of McGrath says majority of the buyers have been downsizers looking for a lifestyle change
With designs by Candalepas Associates, the development has been awarded the Aaron Bolot award for the best residential project by the Architect Institute of Australia.
Bathers has also been awarded the best interior design apartment award at the Asia Pacific International Awards.
{yoogallery src=[images/stories/2013/08/aug14cron]}
Located on Prince Street, apartments range in size from 190 square metres to 205 square metres internally, with ground floor apartments boasting courtyard areas of 104 square metres to 285 square metres.
The penthouses feature rooftop terraces of 144 square metres to 151 square metres.
Apartments feature interior designs by Archer + Wright and boast timber floorboards throughout, bedrooms with wool carpet and kitchens with CaesarStone benchtops and Miele appliances.
Construction on <a href="https://batherscronulla.com.au/" target="_blank">Bathers Cronulla</a> is now complete.
The median apartment price in <a target="_blank" href="/news">Cronulla</a> is $498,500, a 20.1% change in the past five years, according to RP Data.
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Cronulla's Bathers development popular with lifestyle seekers

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This week’s top 10 most discounted properties by SQM Research sees a former contender making its way back on the list into tenth place.
The four-bedroom home in Berowra Waters has been on the market for 1,078 days and has reduced its asking price by 34% since first being listed in August 2010.
The property was initially listed with an asking price of $1,199,000 but has cut that price to $795,000.
The property has no allocated parking advertised and SQM says this may be an attribute that had contributed to its lack of sale.
“Without a designated safe spot to park a vehicle, this particular property may be shunned by prospective buyers who see having a garage or carport as a must,” says SQM Research.
The property is located above a marina and could potentially attract house hunters with an interest in sailing or boats.
The three-bedroom home in Bundamba still holds the crown as most discounted around the nation.
Number 9 on the former list at 33 Fergusson Avenue Craigburn Farm in South Australia is no longer in the top 10 as it is currently under contract.
The top 10 most discounted properties:
 
1.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-qld-bundamba-111116347" rel="nofollow" target="_blank">22 White Street Bundamba, 4304</a>
 
Days on the market: 370
Initial asking price: $425,000
Current asking price: $205,000
Reduction: 52%
 
2.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-qld-closeburn-107603313" rel="nofollow" target="_blank">34 Seraya Court Closeburn, 4520</a>
 
Days on the market: 721
Initial asking price: $1,450,000
Current asking price: $795,000
Reduction: 45%
 
3.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-other-nsw-londonderry-7296375" rel="nofollow" target="_blank">9 Hughes Street Londonderry, 2753</a>
 
Days on the market: 1036
Initial asking price: $2,300,000
Current asking price: $1,290,000
Reduction: 44%
 
4.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-qld-tangalooma-104624146" rel="nofollow" target="_blank">7 Cassidae Crescent Tangalooma, 4025</a>
 
Days on the market: 1588
Initial asking price: $1,495,000
Current asking price: $875,000
Reduction: 41%
 
5.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-qld-lamb+island-112206275" rel="nofollow" target="_blank">4 Edgewater Place Lamb Island, 4184</a>
 
Days on the market: 1099
Initial asking price: $425,000
Current asking price: $249,000
Reduction: 41%
 
6.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-qld-lamb+island-105155213" rel="nofollow" target="_blank">79 Perulpa Drive Lamb Island 4184</a>
 
Days on the market: 1085
Initial asking price: $499,000
Current asking price: $298,000
Reduction: 40%
 
7.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-qld-doolandella-112978863" rel="nofollow" target="_blank">38 Cloverdale Road Doolandella, 4077</a>
 
Days on the market: 175
Initial asking price: $1,650,000
Current asking price: $1,000,000
Reduction: 39%
 
8.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-wa-two+rocks-106211228" rel="nofollow" target="_blank">15 Gretel Two Rocks, 6037</a>
 
Days on the market: 1316
Initial asking price: $1,100,000
Current asking price: $699,000
Reduction: 36%
 
9.
 
<a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.realestate.com.au/property-house-tas-spring+beach-106968687" rel="nofollow" target="_blank">368 Rheban Road Spring Beach, 7190</a>
 
Days on the market: 1001
Initial asking price: $760,000
Current asking price: $500,000
Reduction: 34%
 
10.
 
<a href="https://www.realestate.com.au/property-house-nsw-berowra+waters-106757204" target="_blank">134 Bay Road Berowra Waters, 2082</a>
 
Days on the market: 1078
Initial asking price: $1,199,000
Current asking price: $795,000
Reduction: 34%
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At 1078 days on market a former contender in Berowra Waters back onto SQM's most discounted list

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Chef Mary Ellis’ The Barn and Cliffys in Daylesford are scheduled to go under the hammer next month.
Cliffys Emporium at 30 Raglan Street has been part of the Daylesford streetscape since the 1860s but has operated as a café, wine bar and produce store since 2001.
{qtube vid:=GnIFY_KfNik}
Located directly behind Cliffys is The Barn, a two-bedroom, two-bathroom bed and breakfast created by Mary Ellis 10 years ago.
A bedroom in The Barn can be booked from $460 for two nights.
{qtube vid:=hFrpDdu6YIk}
Both properties were part of a larger nursery, which was subdivided in July 2008.
The properties will be sold one after the other, with both properties listed with a price guide each of around $500,000.
Listing agent Jock Langley says a couple of people have been interested in buying both as a package.
Langley says Cliffys has become a bit of an icon in Daylesford and is likely to be retained as a business.
The two properties will go under the hammer on September 8 through Jock Langley and Sam Goddard of Abercromby’s Real Estate.
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Dayleford's Cliffys and The Barn up for grabs

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Auction volumes across the capital cities slightly decreased this week as we face the final weeks of winter, with 1,312 auctions scheduled across the capital cities, according to RP Data.
Auction volumes across the capital cities increased last week to 1,405, up from 1,310 the previous week.
The auction clearance rate also increased last week from 69.3% the previous week to 72% last week.
At the same time last year, there were 1,172 auctions but a substantially lower clearance rate of 49%.
Melbourne auctions increased last week from 600 auctions the previous week to 667 last week.
Melbourne’s preliminary clearance rate also increased from 70.9% the previous week to 71.3% last week.
At the same time last year Melbourne held 541 auctions and had a clearance rate of 53.9%.
Sydney’s clearance rate is continuing its strong upward trend with 75.5% recorded the previous week and 79.5% recorded last week.
Sydney’s auction volumes also increased last week to 502, up from 466 the previous week.
However, Sydney’s and Melbourne’s scheduled auctions this week are slightly lower at 496 auctions for Sydney and 615 scheduled for Melbourne.
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National scheduled auctions slightly drop but clearance rate remains strong: RP Data

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A 1918 English manor style home in Woolwich was this week’s most expensive sale, selling under the hammer for $5.09 million, according to RP Data.
Located at 14 The Point Road, the four-bedroom home has been held by the same family for nearly 50 years.
The property has been maintained and restored and features domed ceilings, wave stairs and a verandah with views over the bay and river.
Situated on 1,296 square metres, the property includes a boatshed plus 346 square metres of leased waterways.
The waterfront residence was listed for $5 million plus and sold through <a target="_blank" href="https://www.harrispartners.com.au/properties-for-sale/29248/woolwich/14-the-point-rd/">Harris Partners Real Estate Balmain</a> on August 9.
The highest price recorded in Woolwich was for 1 Angelo Street, which sold in March 2007 for $11.005 million.
The median house price for houses over $750,000 in <a target="_blank" href="/news">Woolwich</a> is $3.85 million, according to RP Data.
Top 10 most expensive sales:
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/14_the_point_road_woolwich_nsw_2110/7761124">14 The Point Road, Woolwich, NSW, 2110,</a> four-bedroom house, sold on August 9 by Harris Partners Real Estate for $5.09 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/3_fermanagh_road_camberwell_vic_3124/10218113">3 Fermanagh Road, Camberwell, VIC, 3124,</a> four-bedroom house, sold at auction on August 10 by Jellis Craig Hawthorn for $4.7 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/11_bellevue_garden_bellevue_hill_nsw_2023/1366731">11 Bellevue Garden, Bellevue Hill, NSW, 2023,</a> four-bedroom house, sold at auction on August 7 by Richardson &amp; Wrench Double Bay for $3.55 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/10/122-130_clareville_avenue_sandringham_nsw_2219/6089186">10/122 Clareville Avenue, Sandringham, NSW, 2219,</a> five-bedroom unit, sold at auction on August 10 by Raine &amp; Horne Sans Souci for $3.2 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/3_monash_avenue_balwyn_vic_3103/9564056">3 Monash Avenue, Balwyn, VIC, 3103,</a> six-bedroom house, sold at auction on August 10 by Christopher Russell and Associates Boroondara for $3.16 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/9_lindsay_street_brighton_vic_3186/10014485">9 Lindsay Street, Brighton, VIC, 3186,</a> four-bedroom house, sold at auction on August 10 by Marshall White Real Estate Brighton for $2.725 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/187_homebush_road_strathfield_nsw_2135/6486440">187 Homebush Road, Strathfield, NSW, 2135,</a> five-bedroom house, sold at auction on August 10 by Strathfield Partners for $2.66 million 
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/11_springfield_avenue_toorak_vic_3142/13588815">11 Springfield Avenue, Toorak, VIC, 3142,</a> three-bedroom house, sold prior to auction on August 10 by RT Edgar Toorak for $2.4 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/16_brightmore_street_cremorne_nsw_2090/1997931">16 Brightmore Street, Cremorne, NSW, 2090,</a> four-bedroom house, sold prior to auction on August 10 by Richardson &amp; Wrench Mosman/Neutral Bay for $2.38 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/5_earl_street_hunters_hill_nsw_2110/3004324">5 Earl Street, Hunters Hill, NSW, 2110,</a> four-bedroom house, sold on August 7 by McGrath Estate Agents for $2.3 million
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Woolwich English manor riverfront most expensive sale: RP Data

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."

[smartcode_project:default project_id=134646 project_image_fid=6109]

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.

[smartcode_project:default project_id=134646 project_image_fid=6110]

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.

[smartcode_project:default project_id=134646 project_image_fid=6116]

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.

[smartcode_project_cta:default project_id=134646]

Nicola Trotman

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