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The small coastal town Binalong Bay – with a median house price of $318,500 – is Tasmania’s slowest selling suburb with an average of 209 days on the market before a sale.
Coles Bay - the main entrance point to the Freycinet National Park - comes in second place with a median house price of $300,00 and 190 days on the market.
Located on the western side of the Huon River, Glen Huon is third on the list with an average of 187 days on the market and a median house price of $265,000.
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Media Price
</td>
<td width="106" valign="top">
Time on market (days)
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Binalong Bay</a>
</td>
<td width="106" valign="top">
7216
</td>
<td width="106" valign="top">
$318,500
</td>
<td width="106" valign="top">
209
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Coles Bay</a>
</td>
<td width="106" valign="top">
7215
</td>
<td width="106" valign="top">
$300,000
</td>
<td width="106" valign="top">
190
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Glen Huon</a>
</td>
<td width="106" valign="top">
7109
</td>
<td width="106" valign="top">
$265,000
</td>
<td width="106" valign="top">
187
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Huonville</a>
</td>
<td width="106" valign="top">
7109
</td>
<td width="106" valign="top">
$299,000
</td>
<td width="106" valign="top">
183
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">St Helens</a>
</td>
<td width="106" valign="top">
7216
</td>
<td width="106" valign="top">
$240,000
</td>
<td width="106" valign="top">
182
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Cygnet</a>
</td>
<td width="106" valign="top">
7112
</td>
<td width="106" valign="top">
$255,000
</td>
<td width="106" valign="top">
177
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Scamander</a>
</td>
<td width="106" valign="top">
7215
</td>
<td width="106" valign="top">
$280,000
</td>
<td width="106" valign="top">
175
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Geeveston</a>
</td>
<td width="106" valign="top">
7116
</td>
<td width="106" valign="top">
$265,000
</td>
<td width="106" valign="top">
174
</td>
</tr>
<tr>
<td width="106" valign="top">
Rosebery
</td>
<td width="106" valign="top">
7470
</td>
<td width="106" valign="top">
$60,000
</td>
<td width="106" valign="top">
169
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Bicheno</a>
</td>
<td width="106" valign="top">
7215
</td>
<td width="106" valign="top">
$267,000
</td>
<td width="106" valign="top">
164
</td>
</tr>
</tbody></table>
Lenah Valley is Tasmania’s fastest selling suburb with an average of 43 days on the market.
Source: <a target="_blank" href="https://www.rpdata.com/">RP Data </a>
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ntrotman-Et3xWpamVh

Binalong Bay tops Tasmania's 10 slowest selling suburbs

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Situated in the foothills of Mount Wellington, Lenah Valley – with a median house price of $367,500 – is Tasmania’s quickest selling suburb with an average of 43 days on the market.
 Lying on the ride of Knocklofty, Mount Stuart is second on the list with an average of 46 days on the market and a median house price of $403,750.
Home to the Cascades Female Factory historic site, South Hobart is in third place with an average of 53 days on the market and a median house price of $390,300.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Median Price
</td>
<td valign="top" width="106">
Time on market (days)
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Lenah Valley</a>
</td>
<td valign="top" width="106">
7008
</td>
<td valign="top" width="106">
$367,500
</td>
<td valign="top" width="106">
43
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Mount Stuart</a>
</td>
<td valign="top" width="106">
7000
</td>
<td valign="top" width="106">
$403,750
</td>
<td valign="top" width="106">
46
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">South Hobart</a>
</td>
<td valign="top" width="106">
7004
</td>
<td valign="top" width="106">
$390,300
</td>
<td valign="top" width="106">
53
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Moonah</a>
</td>
<td valign="top" width="106">
7009
</td>
<td valign="top" width="106">
$275,000
</td>
<td valign="top" width="106">
54
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Havenview</a>
</td>
<td valign="top" width="106">
7320
</td>
<td valign="top" width="106">
$229,000
</td>
<td valign="top" width="106">
58
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Seven Mile Beach</a>
</td>
<td valign="top" width="106">
7170
</td>
<td valign="top" width="106">
$413,000
</td>
<td valign="top" width="106">
62
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Dynnyrne</a>
</td>
<td valign="top" width="106">
7005
</td>
<td valign="top" width="106">
$415,000
</td>
<td valign="top" width="106">
66
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">North Hobart</a>
</td>
<td valign="top" width="106">
7007
</td>
<td valign="top" width="106">
$407,500
</td>
<td valign="top" width="106">
67
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Park Grove</a>
</td>
<td valign="top" width="106">
7320
</td>
<td valign="top" width="106">
$291,500
</td>
<td valign="top" width="106">
67
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Brooklyn</a>
</td>
<td valign="top" width="106">
7320
</td>
<td valign="top" width="106">
$157,000
</td>
<td valign="top" width="106">
68
</td>
</tr>
</tbody></table>
Bingalong Bay is Tasmania’s slowest selling suburb with an average of 209 days on the market.
Source: <a style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;" href="https://www.rpdata.com/" target="_blank">RP Data</a>
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Lenah Valley tops Tasmania's 10 fastest-selling suburbs

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Holidaymakers in Western Australia can watch Eagle Bay whales cavort while sprawled out on a sundeck at Inspiration on Wedgetail.
Located on 3,264 square metres of property on Wedgetail View Eagle Bay, the residence is surrounded by vineyards, hinterlands and coastland.
With seven bedrooms, a 20-metre indoor/outdoor pool, a 12-person spa and a gym, you can practice relaxation at its finest.
Also included is a two-lane bowling alley, a squash court and a private cinema.
The property is available to rent from December 12 to December 27, with a minimum seven-night stay of $18,000.
Any extra days from Sunday to Thursday will cost you $3,000 a night and $6,000 for a Friday or Saturday night.
It is also available to rent from January 24 onwards.
Inspiration on Wedgetail is currently listed for sale by Andrew Hopkins from Jhy Realty Dunsborough for $10.5 million
It was first listed in June this year.
It last sold in 2007 for $2.3 million.
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Countdown to summer: Inspiration on Wedgetail 

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One of Gold Coast's most exclusive residential offerings – the riverfront Southport mansion Alston – has been listed for sale.
But rather than its past $20 million-plus asking price, the home of bankrupt developer Graham Spottiswood and his wife, Suzanne, has been ordered by Commonwealth Bank-appointed receivers, who have more subdued expectations.
The Gold Coast Bulletin suggests the likely price benchmark was set two doors away, when $9.5 million was paid for the former Quinlivan home at June auction when sold to the semi-retired cotton farmer Ted Hadley.
Alston, an European-style house, will go to auction on January 27 through John Natoli and James Ledgerwood of <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-southport-qld-4215/168449" target="_blank">McGrath Broadbeach</a> under instructions by Grant Sparks and Craig Ticehurst of PPB Advisory
The 3,442 square metres of land Alston sits on was bought from split-cycle engine inventor Rick Mayne for $2.35 million in 1998, where a house on the site was demolished to make way for Alston.
Completed in 2010, Alston boats six bedrooms, seven bathrooms and seven fireplaces spaced over 2,225-square metres of floor area.
Also included is a 15-metre indoor heated pool, gymnasium, basement cinema, a bar of five-star hotel quality with a six-metre-long marble bar top and a two-level library with a spiral staircase.
“The second you step into this property it is more than obvious that the quality of design, inclusions and meticulous attention to detail positions this very special home as one of world-class standing,” says Natoli.
Alston is fenced with exclusive mansions of Riverina Marine founder Bill Barry-Cotter to the south and former V8 supercar executive chairman Tony Cochrane to the north.
“This dress circle riverfront address is one of the Gold Coast’s premier enclaves and has been tightly held and rarely available,” says Ledgerwood.
In July 2011 Spottiswood listed Alston without success with $20 million price expectations through Christies International.
In February this year Spottiswood was sill holding out for a buyer happy to splash out more than $20 million for his Southport mansion.
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Southport mansion Alston listed for receivers' sale

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Adelaide’s inner-northern industrial markets continue to be the most popular those business seeking warehouse space, accounting for almost 80% of the more than 200,000 square metres of industrial floor space leased in the first nine months of 2012 in the South Australian capital, according to Colliers International.
Prime net rents in this market currently range between $100 and $145 per square metre and secondary net rents between $65 and $90 per square metre.
Prime inner-northern industrial yields currently range between 7.75% and 8.5%, and secondary market yields between 8.5% and 9.5%
Major leasing deals include Interlloy signing a long-term lease for 1 William Circuit at Pooraka in Februrary. The 4,385-square-metre property had formerly been occupied by Bohler Uddeholm (Bohler Steel), which sold it late last year and July. ACI Glass leased a 32,000-square-metre warehouse at 15-23 Whicker Road, Gillman. 
Australand has secured a pre-commitment to lease a new purpose-built 25,500-square-metre facility after acquiring the Electrolux 84,000-square-metre site at 19 Pope Street, Beverley, in an off-market transaction at the end of 2011. The lease is for 12 years at an estimated net rent of $87 per square metre. The building is expected to be completed next year. 
According to Colliers International, there is around 45,000 square metres of industrial floor space currently under construction within Adelaide's industrial precincts, with expected completion dates ranging from the last quarter of 2012 to through 2013.
The report also reveals that rents are stable and prime market yields have stabilised between 8% to 8.5%.
The pre-lease market has remained active with close to 50,000 square metres pre-leased this year.
Recent pre-lease commitments include Cameron Interstate, Electrolux, Global Pumps Inc., Spotless Group and Australian Independent Glass.
The report reveals that year to date, the total value of Adelaide transactions was estimated to be $180 million, with almost 45% of the transactions occurring in the inner-northern precinct.
Predominant sales activity included the sale of a property at 404-450 Findon Road, Kidman Park, for $35.1 million. The sale price reflects an initial yield of 15.46% and is fully leased to Metcash Trading Limited.
In June, 16-20 Johansson Road, Wingfield, sold for $9.5 million on an initial yield of 11.6%.
A property at 9-13 Caribou Drive, Direk, sold for $9.2 million. The property is leased to Kimberly-Clark and has a market yield of 8.63%.
The report forecasts that Adelaide’s overall industrial performance will continue to climb over the next six months and tenant demand will also increase.
Incentives are forecast to remain stable, as are land values, but yields are forecast to either remain stable or decline.
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Adelaide inner-north industrial market is leasing hotspot: Colliers International

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The number of residential properties listed for sale across Australia increased by 4.9% during the month of November but remain unchanged year-on-year according to SQM Research.
The overall listings totalled 363,436 nationally but there is only the difference of 10 listing when compared to November 2011.
SQM Research says Darwin is showing signs of severe under supply with a decrease of 21.7% in listings compared to this time last year. However, during November the Northern Territory capital city experienced a 3.3% increase in stock, bringing total listings to 1,188.
Perth experienced the highest increase of listings this month with a 10.4% change - bringing the total listings to 18,737 – but dropped 3.5% when compared to November last year.
Sydney experienced a 7.7% increase on last month but is 9.0% lower than last year, with a total of 31,863 listings.
Melbourne has increased by a modest 2,345 listings compared to last month – a total of 5.3% - but isstill down on last year by 0.4%.
Brisbane listings also increased compared to last month by 3.1% - a total of 27,331 – but is down 1.2% on November 2011.
Canberra listings increased by 9.2% compared to last month and 4.4% year-on-year, with listings totaling 4,103.
Hobart also increased significantly by 6.4% to 4,615 listings during the month of November. Hobart experienced the biggest year-on-year change with a 6.6% increase.
“It seems the spring selling season did come late for the property market, with the November results being the first spring month to record a meaningful increase in listings,” says managing director of SQM Research Louis Christopher.
SQM Research predicts closer to Christmas, the level of stock will stagnate or decrease slightly as the property market slows down for the end of the year.
“In line with seasonality, I expect the December and January results to records falls,” says Louis Christopher.
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Residential listings rise 4.9% in November to bloom late in the last month of spring: SQM Research

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If you’re dreaming of cocktails in a swimming pool overlooking the Whitsunday Islands, the Round House on Hamilton Island is the vacation rental for you. 
Perched high on the eastern side of One Tree Hill and overlooking Catseye Bay, the Round House boasts a distinct circular design.
<img src="/images/stories/2012/12/roundhouse2.jpg">
Designed by Peter Conley and Associates, the Round House offers 12 hours of tropical sunshine “around the house”.
With four bedrooms and five bathrooms, the property can sleep a maximum of eight adults and six children.
Located on Melaleuca Drive, the property has a 12-metre salt-water solar heated infinity pool that wraps itself around the exterior.
Its 3.6-metre-high glass bi-fold doors encase the whole lower floor, and double-storey ceilings offer spacious living. 
The Round House is seemingly only available to rent from January 17 to January 21 within the 2012-2013 summer vacation season.
A minimum of four nights applies at a total of $6,000, or $7,000 for the five-night stay.
During the Audi Hamilton race week in August, a nine night block applies for $14,850.
A separate cottage is available to rent on the property for $300 a night and can accommodate four adults.
The beachfront home also offer two four-seater buggies a means for transport around the tropical island.
Yesterday we featured Kym Illman's beach house <a href="https://www.propertyobserver.com.au/queensland/countdown-to-summer-kym-illman-s-nautica-at-palm-beach-on-the-gold-coast/2012120958347" target="_blank">Nautica</a>, located at Palm Beach in Queensland.
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Countdown to summer: Round House on Hamilton Island

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Allans Music and Billy Hyde’s Sydney flagship stores will continue trading in their current locations after being leased by Australian Musical Imports.
The three sites are located in the Sydney CBD, Parramatta and Alexandria.
Managing director Peter Karam from Ray White Commercial Parramatta negotiated the deal.
Australian Musical Imports (AMI) successfully purchased the bulk of Allans Music and Billy Hyde’s failed assets earlier this month.
These include the trading names Allans Music and Billy Hyde, Allans Billy Hyde, Australian Music Group, Musiclink and Intermusic.
“AMI confirmed when it successfully purchased Allans Music and Billy Hyde that their flagship stores would continue trading,” says Karam.
The 1,200-square metre outlet at 108 Botany Road Alexandria has been leased for three years with an annual rent of $190,000.
The 1,300-square metre Sydney CBD site at 228 Pitt Street - located in a character building close to The Hilton - secured a five-year lease.
And the 1,500-square metre outlet at 1/197 Church Street Parramatta has been leased for three years.
The <a target="_blank" href="https://www.propertyobserver.com.au/retail/receivers-of-music-chain-allans-billy-hyde-to-close-all-27-stores/2012101757234">company collapsed earlier this year</a>, after an injection of capital failed to save the business and investors called in receivers.
Allans Music and Billy Hyde closed a total of 27 stores nationally.
“It’s another positive for these businesses that the new owners have secured new leases from their Sydney premises,” Karam says.
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Allans Music and Billy Hyde's Sydney outlets leased

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Kingsbury, a suburb 12-kilometres north east of the CBD – and with a median house price of $435,000 – is Victoria’s fastest selling suburb with an average of 30 days on the market.
Then the home to the world famous Melbourne Cup, Flemington comes in a close second with an average of 31 days on the market and a median house price of $640,000.
Third place is a draw between Croydon South and Tullamarine with an average of 33 days on the market.
Croydon South - 30 kilometres east of the CBD - has a median house price of $435,500
With hundreds of planes coming and going everyday at Victoria's main airport, Tullamarine has a median house price of $387,500, in fourth fatest selling location.
<table cellpadding="0" cellspacing="0" border="1"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Media Price
</td>
<td width="106" valign="top">
Time on Market (days)
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Kingsbury</a>
</td>
<td width="106" valign="top">
3083
</td>
<td width="106" valign="top">
$435,000
</td>
<td width="106" valign="top">
30
</td>
</tr>
<tr>
<td width="106" valign="top">
<a href="/news">Flemington</a>
</td>
<td width="106" valign="top">
3031
</td>
<td width="106" valign="top">
$640,000
</td>
<td width="106" valign="top">
31
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Croydon South</a>
</td>
<td width="106" valign="top">
3136
</td>
<td width="106" valign="top">
$435,500
</td>
<td width="106" valign="top">
33
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Tullamarine</a>
</td>
<td width="106" valign="top">
3043
</td>
<td width="106" valign="top">
$387,500
</td>
<td width="106" valign="top">
33
</td>
</tr>
<tr>
<td width="106" valign="top">
<a href="/news">Caulfield North</a>
</td>
<td width="106" valign="top">
3161
</td>
<td width="106" valign="top">
$1,264,000
</td>
<td width="106" valign="top">
35
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Croydon Hills</a>
</td>
<td width="106" valign="top">
3136
</td>
<td width="106" valign="top">
$530,000
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Meredith</a>
</td>
<td width="106" valign="top">
3333
</td>
<td width="106" valign="top">
$230,000
</td>
<td width="106" valign="top">
39
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Wantirna South</a>
</td>
<td width="106" valign="top">
3152
</td>
<td width="106" valign="top">
$530,000
</td>
<td width="106" valign="top">
41
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Bayswater</a>
</td>
<td width="106" valign="top">
3153
</td>
<td width="106" valign="top">
$419,975
</td>
<td width="106" valign="top">
44
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Malvern East</a>
</td>
<td width="106" valign="top">
3145
</td>
<td width="106" valign="top">
$994,000
</td>
<td width="106" valign="top">
45
</td>
</tr>
</tbody></table>
A three-bedroom house at <a target="_blank" href="https://www.realestate.com.au/property-house-vic-kingsbury-110806983">50 Flag Street Kingsbury</a> was first listed for sale on June 19 2012.
It snappily sold 16 days later for $411,000 on July 4.
A property located at <a href="https://www.realestate.com.au/property-house-vic-kingsbury-111543879">10 Club Avenue Kingsbury</a> was first listed for sale on September 10 2012.
The listing ended on October 31 – a total of 52 days on the market - after securing a $400,000 sale.
And a property at <a target="_blank" href="https://www.realestate.com.au/property-house-vic-kingsbury-110745021">105 Fairway Kingsbury</a> sold after 35 days on the market.
It was first listed on June 10 2012 and secured a $402,000 sale on July 14.
However, located in Victoria's high country, Mount Beauty – with a median house price of $155,000 – is Victoria’s slowest selling suburb with a whopping average of 232 days on the market
Source: <a target="_blank" href="https://www.rpdata.com/">RPData</a>
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Kingsbury top Victoria's 10 fastest selling suburbs: RP Data

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An Avalon property has been listed for sale with price expectations over $2.8 million.
Designed by architect Laurence Eastwood following his $90,000 land purchase in 1983, the still strikingly modern home, which almost appears suspended over the Pittwater bushland, it features a suspended fireplace in the open-plan living and dining room.
Located at <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-avalon-112119855">38 Chisholm Avenue,</a> the four-bedroom, four-bathroom home offers twin views over Pittwater and the ocean.
Eastwood, who worked on the design in a number of films, including Crocodile Dundee 2, has his own architecturally designed home located on the western foreshores of Pittwater.
The <a target="_blank" href="/news">Avalon </a>house has a wine cellar, a home cinema, and an infinity-edge pool.
Located on 1,909 square metres, the property last sold in 2009 for $1,542,500 and before that in 2007 for $1,525,000.
Bill James from LJ Hooker Avalon has listed the listing.
It was around 2007 when Eastwood returned to architecture after a career designing for theatre, film and television.
Eastwood had studied architecture in London before taking up theatre design and production, migrating to Australia in 1970 where he joined John Bell, Ken Horler and Richard Wherrett in the formation of the Nimrod Theatre Company.
He later worked at Belvoir Theatre and the Sydney Theatre Company before then moving into the world of film and television.

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Laurence Eastwood-designed Avalon house listed for $2.8 million sale

<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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