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A clifftop house with a unique design of three wedges has been listed for sale in the coastal town of <a target="_blank" href="/news">San Remo</a>, Victoria.
Linda Richardson – a retired company director – has listed her five-bedroom, four-bathroom home with an asking price of $5.5 million. 
Perched above the cliffs on the Anderson Peninsula on an 8.57-hectare block, the 1990 house was designed by <a target="_blank" href="https://www.smrekararchitects.com.au/index.php?option=com_content&amp;view=article&amp;id=4&amp;Itemid=6">architect Ermin Smrekar</a>.
The property boasts 360-degree views of Bass Strait, Cape Woolamai and Kilcunda.
One of the five bedrooms is a loft and is reached via a ship’s ladder.
<img height="216" width="470" src="/images/stories/2013/01/sanremo1.jpg" alt="sanremo1">
Other features of the property include high ceilings, four fireplaces and a potbelly stove in the main lounge room.
The property also boasts a north facing swimming pool and spa.
Located on Punchbowl Road, the home has been listed by Matt Davis from <a target="_blank" href="https://www.kayburton.com.au/property/135-punchbowl-road-san-remo">Kay &amp; Burton</a> in conjunction with South Coast First National Real Estate agent Russell Wilson.
Among architect Ermin Smrekar's other works since migrating from Trieste, Italy, was an elegant early 1980s house on North Road, <a target="_blank" href="/news">Brighton</a>.
Linda Richardson was a director of Carrol and Richardson, the textile and flag manufacturers.
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Ermin Smrekar-designed San Remo clifftop listing

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The $400 million Hamilton Reach development by Australand has successfully sold four terrace homes in the second stage of the Green Quarter precinct.
Construction of the first 12 Green Quarter terrace homes is now complete with $11.5 million secured in sales after its late 2011 launch.
<img height="378" width="470" src="/images/stories/2013/01/greenquarter.jpg" alt="greenquarter">
The two-storey Green Quarter homes had been "hugely popular", says Richard Fulcher, general manager of Queensland residential Australand.
<img height="374" width="470" src="/images/stories/2013/01/greenquarter2.jpg" alt="greenquarter2">
The second and final stage of the Green Quarter precinct was released last October with 10 townhouses, ranging in size from 241 square metres to 283 square metres and priced from $980,000 to $1.475 million. With four already sold the remaining six offerings are priced from $980,000 to $1.15 million.
The Hamilton Reach development is located six kilometres from the Brisbane CBD in north shore <a target="_blank" href="/news">Hamilton </a>and is bordered by 530 metres of river frontage and 2.5 hectares of Northshore Riverside Park.
<img height="204" width="470" src="/images/stories/2013/01/greenquarter1.jpg" alt="greenquarter1">
The Green Quarter precinct is located one street from the river.
Homes within the precinct endeavour to promote environmentally friendly living – with solar panels and solar hot water to reduce energy and water consumption.
The terrace homes, designed by Rothe Lowman White architects, also boast internal courtyards, high-level windows and private terraces.
“We are happy to see people embracing the concept of environmentally sustainable living, which is becoming increasingly important to buyers as they become more conscious about energy consumption and reducing their carbon footprint,” says Fulcher.
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Australand secures four further sales in Green Quarter precinct at Hamilton Reach 

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The Western Australian property market is expected to steadily improve in the coming six months, due to consumer confidence and better buying conditions, according to the Western Australian property market outlook by First National.
“Our members are looking forward to 2013 where the market is expected to build on the momentum already seen over the last six months of 2012,” says Cambell Giles, state chair and principal of First National Real Estate Giles Jones in Midland.
Perth, Peel and the south west are already experiencing a rising market in the back end of 2012 and this is expected to strengthen further in 2013.
Activity sales are expected to increase in the first half of 2013, resulting in the average number of days a property is on the market to fall.
Giles says the Port Hedland and the Newman property markets remain strong and are attractive to investors and owner-occupiers.
“Despite negative media reports, towns like <a href="https://maps.google.com/maps?ll=-20.31,118.601&amp;spn=0.1,0.1&amp;q=-20.31,118.601%20(Port%20Hedland%2C%20Western%20Australia)&amp;t=h">Port Hedland</a> and Newman will see the property market remain strong, with the region more sensitive to factors affecting the Chinese rather than the Australian economy,” says Giles.
“Early indicators show demand for resources is ramping up and iron ore prices will stabilise by mid next year, seeing confidence in this sector returned to early 2012 levels.”
However, local agents believe the Pilbara region will still dominate the property market in 2013.
Property prices are expected to gradually improve in the coming 12 to 18 months, especially where the mining and resources sector remain strong.
“The steadily improving market conditions are expected to translate into a gradual improvement in property prices with house prices, specifically <a href="https://maps.google.com/maps?ll=-31.9522222222,115.858888889&amp;spn=0.1,0.1&amp;q=-31.9522222222,115.858888889%20(Perth%2C%20Western%20Australia)&amp;t=h">Perth</a>, expected to rise,” says Giles.
On the investment side, apartment and strata property prices are expected to remain at current levels due to a steady ongoing supply, with any increase being the result of strong demand.
Investor activity is expected to increase as a result of improving rental yields and returns, but first homebuyers are expected to represent the strongest growth sector in the state.
Areas that are cheaper to buy in rather than rent include Burswood, Perth, Ascot, Girrawheen, West Perth, Ledge Point, South Hedland and Nickol.
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Pilbara still to dominate as First National's WA agents see confidence return

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Former St Kilda football player turned property developer Max Hudghton and his wife, Anya, have listed their fully renovated <a target="_blank" href="https://www.kayburton.com.au/property/33-gordon-street-hampton">Hampton home</a> with $4 million-plus hopes.
Located on Gordan Street, the four-bedroom, two-bathroom home sits on 1,902 square metres of land.
The house boasts travertine flooring, and the kitchen has marble bench tops and miele appliances.
A floodlit mod grass tennis court is on the block.
The property has been listed by Ian Jackson from Kay and Burton Brighton.
Hudghton's construction company built the Brighton townhouse that soccer champion Harry Kewell leased as his Melbourne base.
The Nicholas Day-designed property was built by Maxton Constructions for a development syndicate headed by the former St Kilda champion Fraser Gehrig.
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Former St Kilda player Max Hudghton lists home for $4 million plus

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The most expensive auction in Queensland last week was a newly completed four-bedroom home in Broadbeach Waters, which fetched $1.55 million.
Located at 14 Eady Avenue, the 45-square-metre home boasts four bathrooms and a waterside pool and spa.
It sold last week through Nick Jamieson at Dytor and Yates Broadbeach Waters.
The owners bought the property in early 2012 for $870,000 when it contained a home with serious structural issues.
Due to one part of the house sinking, the original home was knocked over and the current one was built.
The property had previously sold in 2008 for $1.42 million, before the GFC hit.
The median house price in Broadbeach Waters is $669,500, according to RP Data.
The top 10 auctions for the week, preceed the <a target="_blank" href="https://www.propertyobserver.com.au/news/graham-spottiswood-s-alston-at-southport-sells-for-%2498-million/2013012858997">big auctions of the weekend</a> where prices of up to $9.8 million were achieved on the Gold Coast.
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/14_eady_avenue_broadbeach_waters_qld_4218/3332825">14 Eady Avenue, Broadbeach Waters, QLD, 4218</a>, four-bedroom house, sold on January 24 by Dytor &amp; Yates Broadbeach Waters for $1.55 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/7_mermaid_quay_noosaville_qld_4566/6499554">7 Mermaid Quay, Noosa Waters, QLD, 4566</a>, five-bedroom house, sold at auction on January 26 by Laguna Coolum Real Estate for $1.5 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/1a_werona_street_pennant_hills_nsw_2120/5415438">1A Werona Street, Pennant Hills, NSW, 2120</a>, five-bedroom house, sold on January 23 by Laing + Simmons Pennant Hills for $1.1 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/111_bradford_street_coolbinia_wa_6050/11927684">111 Bradford Street, Coolbinia, WA, 6050</a>, four-bedroom house, sold on January 24 by Rich Estate Mount Lawley for $1.075 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/215_jerrara_road_jerrara_nsw_2533/3138923">215 Jerrara Road, Jerrara, NSW, 2533</a>, six-bedroom house, sold on January 23 by McGrath Kiama for $950,000
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/34c_princes_road_torrens_park_sa_5062/10585039">34C Princes Road, Torrens Park, SA, 5062</a>, three-bedroom house, sold on January 24 by Murray Hill Real Estate Torrens Park for $885,000
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/2/4_edgecumbe_avenue_coogee_nsw_2034/1929679">2/4 Edgecumbe Avenue, Coogee, NSW, 2034</a>, two-bedroom unit, sold on January 22 by McGrath Coogee for $860,001
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/18_hill_street_spring_hill_qld_4000/7502362">18 Hill Street, Spring Hill, QLD, 4000</a>, three-bedroom house, sold on January 22 by Century 21 Vision iSOLD Brisbane for $800,000
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/14_longview_crescent_stanwell_tops_nsw_2508/6463402">14 Longview Crescent, Stanwell Tops, NSW, 2508</a>, five-bedroom house, sold on January 24 by Ray White Helensburgh for $780,000
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property-overview/2/35_the_boulevarde_cammeray_nsw_2062/1695156">2/35 The Boulevarde, Cammeray, NSW, 2062</a>, two-bedroom unit, sold on January 23 by Justin Ferguson Property Specialists Cammeray for $770,000
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New home at Broadbeach Waters tops RP Data top 10 sales

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The tallest residential tower in western Sydney – at 30 storeys high – is to be known as One Australia Avenue and is located in Sydney Olympic Park.
<img height="313" width="470" src="/images/stories/2013/01/oneaust.jpg" alt="oneaust">
The elliptical glass-walled building will have bronze-coloured bands wrapped around its façade and will be surrounded by 430-hecatres of parklands.

One Australia Avenue is the third and final building in the Australia Tower trilogy, jointly developed by Ecove and SOPA.

It will boast a sky-high roof garden and a podium on street level will contain a gymnasium and 16 retail and commercial spaces.

The low-rise podium will link between Ecove and SOPA’s <a target="_blank" href="https://www.propertyobserver.com.au/developments/about-40-of-olympic-park-s-atii-tower-sold-soon-after-marketing-starting-gun-sounds/2012050254525">Australia Tower II</a> and One Australia Avenue.
<img height="282" width="470" src="/images/stories/2013/01/oneaust2.jpg" alt="oneaust2">
One Australia Avenue will also have deep slots cut into the tower to maximise natural light.

It will comprise of 300 apartments – ranging from one to four bedrooms – with four colour schemes for buyers to choose from.

The apartments will boast a designer stone kitchen and full height glass doors that open onto the balcony.

One-bedroom apartments range from $480,000 to $690,000 and range in size from 52 square metres to 65 square metres.

Two-bedroom apartments range from $575,000 to $845,000 and range in size from 70 square metres to 95 square metres.
<img height="312" width="470" src="/images/stories/2013/01/oneaust3.jpg" alt="oneaust3">
Three-bedroom apartments range from $795,000 to $1,435,000 and range in size from 104 square metres to 135 square metres.

Four-bedroom apartments range from $960,000 to $2.6 million and range in size from 133 square metres to 166 square metres.

The first tower in the Australia Tower Trilogy was completed in early 2012 and consisted of 216 apartments.

The second tower, ATII is scheduled for completion in late 2014 and will boast 267 apartments.
Australia Towers and ATII are each 25 storeys. 
One Australia Avenue will be 120 metres above sea level – about 106 metres of actual building height.
Construction has commenced on Australia One Avenue with a scheduled completion in mid-2015.

“It is a great place to work and live, so demand for accommodation continues to be strong as Sydney Olympic Park evolves into a major suburb,” says David Chittenden, General Manager of Residential Colliers International.
“In most parts of the world you have to travel far to enjoy such recreational entertainment and sporting facilities, but at One Australia Avenue they are on your doorstep,” says Chittenden.

Ecove estimates that strata levies will be low – due to the sport and recreational facilities offered in Sydney Olympic Park - estimating them to be $600 to $750 for a one-bedroom, $800 to $1,000 for a two-bedroom, and $1,200 to $1,500 for a three of four-bedroom apartment, per quarter..

Sydney Olympic Park hosts the majority of Sydney’s major sporting, entertainment and corporate events.
 
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The tallest residential tower in western Sydney - One Australia Avenue

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 Engelo Rumora – a 24-year-old property flipper – has left the lucky country to try his luck in the United States property market.
Rumora has a knack for finding undervalued assets that, after major or minor renovation, can be rented for a positive cash flow outcome.
Property Observer <a href="https://www.propertyobserver.com.au/renovating/australia-s-cheapest-reno-house-resells-at-%2474500-%E2%80%93-five-months-after-its-%2415000-purchase/2012112658104">reported</a> on a repeatedly graffitied, vandalised, run-down Moree, NSW fibro that Rumora purchased for $15,000 in June last year.
Five months later he sold it for $74,500 – a $40,000 profit.
Rumora and his team of investors have so far purchased 11 properties in Kansas City, Missouri, in the last three months and have re-sold eight, although none of the re-sale prices have yet to be revealed by Rumora or price websites like zillow.com.
They are closing on another three house in the coming weeks, he told Property Observer this week.
Rumora bought a two-bedroom, one-bathroom house at 5720 Brooklyn Avenue Kansas City, Missouri (pictured below).<img alt="kansas1" width="450" height="338" src="/images/stories/2013/01/kansas1.jpg" style="font-size: 0.8em;">
According to Zillow, it sold in 2008 for $65,000 (all prices in US dollars).
In 2012, it sold at a foreclosure auction for around $8,000 and is currently estimated to be worth over $32,000.
Rumora and his team also purchased a two-bedroom, one-bathroom home located at 6115 South Benton Avenue, Kansas City, Missouri in October last year.
It was listed for $25,000 in 2011, but currently has an estimated value of $34,248.
The team and Rumora gave the house a two-tone exterior paint job, installed hardwood floors, steam cleaned the carpets and painted the walls and ceilings – in a 10-day period.
They have secured a tenant for $500 per month.
The team also bought a three-bedroom, two-bathroom home on 6630 Park Avenue for $11,402 and started renovations in October.
They repainted the interiors, replaced the carpet with polished floorboards, fixed plumping issues and installed kitchen cabinets.
This property will also be rented out for $500 per month.
A two-bedroom, one-bathroom single-family home on 6922 College Avenue was purchased in October last year for $8,125.
It had previously sold in 2004 for $55,962.
The team started the makeover in late October with an internal paint job, plumbing work and electrical work.
The team are hoping for a monthly rental income of $575 to $600.
According to Zillow, it is currently estimated to be worth over $38,000.
The team also bought and revamped a two-bedroom home at 6630 College Avenue that was purchased for $14,500.
They gave the house an internal and external paint job and installed a new furnace.
It is currently tenanted for $500 per month and according to Zillow, is estimated to be valued at $17,867.
Rumora also closed on a property at 5643 Euclid Avenue, Kansas City (pictured below).
<img alt="kansas2" width="450" height="338" src="/images/stories/2013/01/kansas2.jpg">
The two-bedroom, one-bathroom home was listed for sale last year with offers of $5,500.
Zillow currently estimates it to be worth over $31,000.
“Most investors I speak to always ask me about what area is good, and I would always tell them that the area is only 5% of what it takes to succeed when buying US property,” says Rumora.
“Until you find the right team, don’t invest.”
“It might take years to establish these connections but it will be worth it in the end. Good things take time. Too many people are losing money because they jump into an investment too quickly and over commit too much funds,” he says.
Rumora says capital growth is only a prediction, and to only buy if the numbers in that particular deal make sense.
Rumora also owns a five-bedroom home in Rochester, New York, which he purchased for $41,000 in 2011.
It is currently rented at $900 a month and has a rental yield of 26%.
Rumora’s top tips include investing to suit your end goal and to immerse yourself with property.
“Have smarter people around you, doing the things you can’t,” Rumora says.
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Property flipping wizard Engelo Rumora not in Australia  anymore as he tries Kansas City

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 As Australia Day is all about celebrating, many will do so in a picturesque alfresco pavilion or deep into the back garden of one's own home.

From separate kitchens to mega barbecues, Property Observer looks at the many different places where you can celebrate next year if you are in the market for a new property.

Located on <a href="https://www.realestate.com.au/property-house-vic-point+leo-107582313" target="_blank">Frankston Flinders Road, Point Leo</a> Victoria, this three-bedroom limestone and timber residence offers a Tuscan-inspired alfresco courtyard and outdoor kitchen (pictured below).
<img src="/images/stories/2013/01/ptleo.jpg" height="314" width="470" alt="ptleo">
While you sit back and eat lunch, you can bask in the views across Western Port Bay to Phillip Island and The Nobbies.

After lunch, you can wander through the 10 hectares of property or hit the ball on the tennis court.

Further down the bay is the four-bedroom, five-bath <a href="https://www.realestate.com.au/property-house-vic-portsea-112328231" target="_blank">Dreamweaver property</a> (pictured below), located on Cheviot Road, <a href="/news">Portsea</a>.
<img src="/images/stories/2013/01/chevriot1.jpg" height="353" width="470" alt="chevriot1">
You can start Australia Day in the undercover breakfast teppanyaki area on the east side, which captures the morning sun.

With a 20-metre heated lap pool and spa, you can work up an appetite for lunch before settling into the designer cabana with a full Corian outdoor kitchen, including a barbecue, dishwasher, rangehood and bathroom.

You are spoilt for choice with activities including a tennis court, an Olympic sized in-ground trampoline and a home theatre.

Or sit above the tennis court on the deck chairs and enjoy the views across Portsea and the bay.

<a href="https://www.rs.realestate.com.au/property-house-vic-rythdale-112448459" target="_blank">The Dale</a> is located on McGregor Road <a href="/news">Rythdale, </a>Victoria, and comprises of two residences on a 52-hectare block.
<img src="/images/stories/2013/01/rythdale.jpg" height="295" width="470" alt="rythdale">
This property boasts an outdoor entertaining area with a covered, paved patio (pictured above) and a built-in gas barbecue.

As the day fades, you can unwind in the home cinema or pop into the red gum wet bar in the family room for a drink.
 
<hr class="system-pagebreak">
 
A <a href="https://www.realestate.com.au/property-apartment-vic-st+kilda-112604455" target="_blank">St Kilda penthouse</a> located on The Esplanade has <a href="https://www.propertyobserver.com.au/victoria/st-kilda-penthouse-with-luna-park-views-fishing-for-new-%24225-million-owner/2012121358466" target="_blank">previously caught Property Observer’s eye</a>, but what better way to spend Australia Day than on your own private rooftop?
<img src="/images/stories/2013/01/luna3.jpg" height="353" width="470" alt="luna3">
The rooftop alfresco entertaining area (pictured above) has a built-in barbecue and full guest bathrooms.

Offering views over St Kilda and the iconic Luna Park, this rooftop would be suited to the city-lover who loves bright lights and the faint noise of a distant rollercoaster.

The two-bedroom, three-bathroom penthouse is currently listed with an asking price of $2.25 million.

This <a href="https://www.realestate.com.au/property-house-vic-brighton-112679927" target="_blank">five-bedroom home</a> (pictured below) is located on Victoria Street in the popular Melbourne bayside suburb of <a href="/news">Brighton</a>.
<img src="/images/stories/2013/01/vicst.jpg" height="353" width="470" alt="vicst">
It boasts an outdoor barbecue area with a separate temperature-controlled wine storeroom.

After lunch, you can dip into the 20-metre heated pool and spa or relax in the living room – which has sliding glass walls that open out to Japanese-inspired gardens.

Last but not least, this home (pictured below) is located on a 4,051-square-metre block on <a href="https://www.realestate.com.au/property-house-nsw-terranora-112685815" target="_blank">Winchelsea Way Terranora NSW.</a>
<img src="/images/stories/2013/01/terranora.jpg" height="353" width="470" alt="terranora">
The four-bedroom home has a detached alfresco dining area, complete with a kitchen and built-in barbecue and teppanyaki grill.

While sitting in the dining area you can overlook the in-ground saltwater pool, and if you overdo the food and drinks there’s a lift to take you up and down between floors.

Property Observer previously reported on the Brisbane listing of rugby league sportsman <a href="https://www.propertyobserver.com.au/queensland/darren-lockyer-s-brisbane-house-for-sale-in-tough-selling-season/2011072850958">Darren Lockyer’s property</a>.
<img src="/images/stories/2013/01/lockyerbbq.jpg" height="225" width="400" alt="lockyerbbq">
It came with a large in-built barbecue (pictured below), big enough to befit any Queenslander sportsman.
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Snag a hot barbecue for Australia Day: Properties with casual outdoor dining spaces

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 The rare opportunity to purchase land on a golf course has arisen in Byron Bay, with an asking price over $1 million.
<img src="/images/stories/2013/01/broken.jpg" width="470" height="313" alt="broken">
Located on Broken Head Road, the north-western corner of the 18-hole course comes with approval for a three-lot subdivision.

<img src="/images/stories/2013/01/broken2.jpg" width="470" alt="broken">
To entice potential buyers, the successful purchaser will receive a one year free club membership valued at $850.

<img src="/images/stories/2013/01/broken3.jpg" width="470" alt="broken">
The 2.35-hectare property – to be sold as one lot – will also come with a buggy track to the land.

<img src="/images/stories/2013/01/broken4.jpg" width="470" alt="broken">
Located five kilometres south of the CBD, the<a href="/news"> Byron Bay</a> golf course is situated opposite The Byron at Byron Resort and Spa.

“How many other blocks of this size with privacy do you know of on a golf course, 500 metres to the beach and only minutes from town?” says the secretary manager of the club, Peter Swaby.

The land went to market late November and is being sold by <a target="_blank" href="https://www.byronbaypropertysales.com.au/index.cfm?pagecall=property&amp;propertyID=2244896&amp;realestate=62_Broken_Head_Road_BYRON_BAY_NSW_2481">Jeremy Bennett from Byron Bay Property Sales.</a>

Offers close February 18.
 
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Rare opportunity to purchase Byron Bay golf course land

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 The scaffolding at Darlinghurt’s newest residential development – Dominion – is starting to come down to reveal the structure.
<img src="/images/stories/2013/01/dominion3.jpg" width="470" height="313" alt="dominion3">
While construction has been underway since early 2011, some 80% of the apartments have sold totalling around $100 million.
Dominion – developed by Cbus Property - will consist of 108 apartments split across three buildings, each seven levels high.

The triangular 4,537-square-metre <a href="/news">Darlinghurst </a>site was previously home to the Caritas health care facility for 140 years.
<img alt="dominionnew" height="388" width="470" src="/images/stories/2013/01/dominionnew.jpg">
It is surrounded by Forbes, Burton and Bourke Streets and sits opposite the Darlinghurst Goal, now home to the National Arts School.

The heritage elements of the former site have been restored and reused, including an internal courtyard.

Designed by Group GSA architects, the development will boast sandstone walls, grand gates and palisade iron fencing.

“Dominion is in a culturally significant heritage precinct so we are using traditional, precious materials – but in a progressive way,” says Mark Percy, executive manager of Cbus Property.

Work started on the development in early 2011 and is scheduled for a May 2013 completion date.

Colliers International says the location has been a major selling feature.

“We’re not surprised by the breadth of enquiry for Dominion,” says David Chittenden, director of residential projects at NSW Colliers International.

“Darlinghurst is a popular and cosmopolitan suburb attracting residents through its exciting and convenient lifestyle, cutting-edge fashion boutiques, restaurants, concept stores and sporting and recreational facilities.”

Some 25 apartments out of the 108 are still available and range from two-bedroom to three-bedroom.

The two-bedroom apartments start from $1.2 million and range from 85 square metres to 135 square metres and contain an eight-square-metre balcony.

The three-bedroom apartments start from $1.79 million and range in size from 120 squares metres to 203 square metres and offer balconies from 20 square metres to 60 squares metres.

Colliers International says many of the purchasers have come from the eastern suburbs and the north shore and around 15% of buyers have been from overseas, including several expats.
The $150 million 4,500-square-metre mixed-use development was being developed jointly by St Hilliers and Cbus Property.
When St Hilliers was under financial pressure in mid-2012 it sold out its 50% interests in the Dominion project to its joint venture partner Cbus Property. Cbus Property is now the sole developer/financier/owner.
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Darlinghurst's newest residential development Dominion revealed

<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

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;

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;

Nicola Trotman

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