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.

ntrotman-Et3xWpamVh

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

<html><body>
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.
</body></html>

Frank Lloyd Wright-inspired Sugarloaf homes set for Belrose

<html><body>
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

<html><body>
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.
</body></html>

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

<html><body>
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.
</body></html>

Cronulla's Bathers development popular with lifestyle seekers

<html><body>
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%
</body></html>

At 1078 days on market a former contender in Berowra Waters back onto SQM's most discounted list

<html><body>
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.
</body></html>

Dayleford's Cliffys and The Barn up for grabs

<html><body>
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.
</body></html>

National scheduled auctions slightly drop but clearance rate remains strong: RP Data

<html><body>
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
</body></html>

Woolwich English manor riverfront most expensive sale: RP Data

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

Nicola Trotman

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News