<html><body>
If you fancy lounging in a 29-degree heated beachfront pool these summer holidays, Nautica at Palm Beach on the Gold Coast ought to be yours for $20,230 a week.
However, its availability is confined to the week before Christmas or over the Australia Day long weekend in January at $1,490 a night.
Located at 129 Jefferson Lane, <a target="_blank" href="/news">Palm Beach</a>, Queensland, the $6 million property has been featured on Channel 9’s A Current Affair and Channel 7’s Sunrise and has been voted as one of the country's best in the Australian Traveller Magazine.
<img src="/images/stories/2012/12/nautica2.jpg">
Apparently Jefferson Lane is a magnet for families, movie/sports stars, business leaders and heads of state.
With five bedrooms spread out on the four-storeys, <a href="https://www.dreamholidayhomes.com.au/rates-and-bookings" target="_blank">you and nine friends can stay here for a minimum of four nights</a>.
The contemporary design boasts 180-degree uninterrupted sea views and has a four-floor elevator.
A night between Sunday and Thursday will cost $2,890 but almost quadruples to $11,560 a night if you opt for a Friday or Saturday.
<a href="https://www.youtube.com/watch?v=e6Fz9j-ZUpY" target="_blank">Nautica</a> last sold in 2007 for $2.9 million after being listed for 337 days.
It's been built as part of the luxury homes rental division of entrepreneur Kym Illman, the managing director of The Message Group.
He is a leader in <a href="https://www.youtube.com/watch?v=Hwk2NXI8gd0" target="_blank">marketeering</a>.
 
</body></html>

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Countdown to summer: Kym Illman's Nautica at Palm Beach on the Gold Coast

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Set on Sydney's Pittwater, Scotland Island – with a median house price of $573,750 – is New South Wales’s slowest selling suburb with an average of 229 days on the market, according to RP Data.
Following close behind is Peak Hill, the former mining town near Parkes, with a median price of $64,000 and an average of 228 days on the market.
In third place is Jindabyne, at the foot of the Snowy Mountains, with an average of 223 days on the market and a median house price of $339,000.
<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">
Median Price
</td>
<td width="106" valign="top">
Time on market
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Scotland Island</a>
</td>
<td width="106" valign="top">
2105
</td>
<td width="106" valign="top">
$573,750
</td>
<td width="106" valign="top">
229
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Peak Hill</a>
</td>
<td width="106" valign="top">
2869
</td>
<td width="106" valign="top">
$64,000
</td>
<td width="106" valign="top">
228
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Jindabyne</a>
</td>
<td width="106" valign="top">
2627
</td>
<td width="106" valign="top">
$339,000
</td>
<td width="106" valign="top">
223
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Barham</a>
</td>
<td width="106" valign="top">
2732
</td>
<td width="106" valign="top">
$208,000
</td>
<td width="106" valign="top">
210
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Kandos</a>
</td>
<td width="106" valign="top">
2848
</td>
<td width="106" valign="top">
$156,000
</td>
<td width="106" valign="top">
205
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Clareville</a>
</td>
<td width="106" valign="top">
2107
</td>
<td width="106" valign="top">
$1,385,000
</td>
<td width="106" valign="top">
197
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Suffolk Park</a>
</td>
<td width="106" valign="top">
2481
</td>
<td width="106" valign="top">
$592,500
</td>
<td width="106" valign="top">
197
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Culcairn</a>
</td>
<td width="106" valign="top">
2660
</td>
<td width="106" valign="top">
$115,000
</td>
<td width="106" valign="top">
196
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Wolumla</a>
</td>
<td width="106" valign="top">
2550
</td>
<td width="106" valign="top">
$261,500
</td>
<td width="106" valign="top">
191
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Iluka</a>
</td>
<td width="106" valign="top">
2466
</td>
<td width="106" valign="top">
$295,000
</td>
<td width="106" valign="top">
191
</td>
</tr>
</tbody></table>
Source: <a target="_blank" href="https://www.rpdata.com/">RP Data</a>
Little-known <a target="_blank" href="/news">Yarrawarra suburb tops NSW's fastest-selling suburbs</a> 
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Scotland Island tops the NSW's 10 slowest-selling suburbs: RP Data

<html><body>
<div>Yarrawarra - with a median house price of $655,000 - is NSW's fastest selling suburb with an average of 31 days on the market.</div>
<div>It's a little known suburb in the Sutherland Shire.</div>
<div>The nine sales this year have ranged between $590,000 and $880,000.</div>
<div></div>
<div>In second place is Hillsborough, near Newcastle, with a median house price of $355,000 and an average of 33 days on the market.</div>
<div></div>
<div>Sitting in third place is East Ryde with a median house price $934,000 and an average of 35 days on the market.</div>
<div></div>
<div></div>
<div></div>
<div>
<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">
Median Price
</td>
<td width="106" valign="top">
Time on market
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Yarrawarrah</a>
</td>
<td width="106" valign="top">
2233
</td>
<td width="106" valign="top">
$665,000
</td>
<td width="106" valign="top">
31
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Hillsborough</a>
</td>
<td width="106" valign="top">
2290
</td>
<td width="106" valign="top">
$355,000
</td>
<td width="106" valign="top">
33
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">East Ryde</a>
</td>
<td width="106" valign="top">
2113
</td>
<td width="106" valign="top">
$934,000
</td>
<td width="106" valign="top">
35
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Loftus</a>
</td>
<td width="106" valign="top">
2232
</td>
<td width="106" valign="top">
$610,000
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Kotara South</a>
</td>
<td width="106" valign="top">
2289
</td>
<td width="106" valign="top">
$405,000
</td>
<td width="106" valign="top">
36
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Teralba</a>
</td>
<td width="106" valign="top">
2284
</td>
<td width="106" valign="top">
$316,000
</td>
<td width="106" valign="top">
38
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Yellow Rock</a>
</td>
<td width="106" valign="top">
2777
</td>
<td width="106" valign="top">
$452,000
</td>
<td width="106" valign="top">
39
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Heathcote</a>
</td>
<td width="106" valign="top">
2233
</td>
<td width="106" valign="top">
$610,000
</td>
<td width="106" valign="top">
39
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Crows Nest</a>
</td>
<td width="106" valign="top">
2065
</td>
<td width="106" valign="top">
$1,100,000
</td>
<td width="106" valign="top">
40
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Jannali</a>
</td>
<td width="106" valign="top">
2226
</td>
<td width="106" valign="top">
$630,000
</td>
<td width="106" valign="top">
41
</td>
</tr>
</tbody></table>
</div>
<div></div>
<div>Source: <a target="_blank" rel="nofollow" href="https://www.rpdata.com/" style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;">RPData</a></div>
<div> </div>
<div>
<a target="_blank" href="/news">Scotland Island tops NSW's 10 slowest-selling suburbs.</a> 
</div>
<div></div>
</body></html>

Sutherland Shire's little-known Yarrawarra suburb tops the NSW's 10 fastest-selling suburbs: RP Data

<html><body>
A converted church in Melbourne’s Moonee Ponds has sold for $2.4 million.
Located at <a target="_blank" href="https://www.jelliscraig.com.au/propertyimages/brochure/16103/Preview.pdf">1 Hudson Street Moonee Ponds</a>, the sale was secured by John Morello from Jellis Craig Kensington. The architecturally transformed <a target="_blank" href="/news">Moonee Ponds</a> church had an incredible 12,500 internet hits and 325 inspections.
So in anticipation of a huge auction day crowd, the agency organised a coffee cart with complimentary drinks.
There were more than 300 spectators and three bidders, with the offering sold just after auction.
Its listing was reported by Property Observer <a href="https://www.propertyobserver.com.au/victoria/moonee-ponds-church-conversion-listed-for-sale/2012110457525/Page-1">last month</a>.
Designed by owner and architect duo Dominic and Marie Bagnato, the property has five bedrooms, five bathrooms, a gym and a basement wine cellar.
The Gothic-style timber church was originally built by Tadgell Brothers following the general consensus at an 1890 resident’s meeting that the area needed a church for religious purposes and Sunday school.
The church was officially opened by then Lord Bishop of Melbourne Dr Goe.
The church acted as a venue for sports meetings, working bees and other social activities.
The church was part of the St Thomas parish, before leaving temporarily in 1915 and permanently in 1960.
In 1904, an extension to the church was built at the rear and in 1918 a vicarage was built nearby. A church hall was built in 1927.
The current vendors bought the church itself in 2007.
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Moonee Ponds converted church sells for $2.4 million

<html><body>
Pricey Forrest – with a median house price of $1,722,500 – is ACT's slowest selling suburb, with an average of 138 days on the market before private treaty sale.
In second place is Casey, with a median house price of $535,000 and an average of 121 days on the market.
Third place is a draw between Campbell and Forde, which both have an average sitting time of 155 days.
Campbell's median house price is $893,000 and Forde's median house price is $543,000.
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><tbody>
<tr>
<td width="106" valign="top">
Suburb
</td>
<td width="106" valign="top">
Postcode
</td>
<td width="106" valign="top">
Median Price
</td>
<td width="106" valign="top">
Days on market
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Forrest</a>
</td>
<td width="106" valign="top">
2603
</td>
<td width="106" valign="top">
$1,772,500
</td>
<td width="106" valign="top">
138
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Casey</a>
</td>
<td width="106" valign="top">
2913
</td>
<td width="106" valign="top">
$535,000
</td>
<td width="106" valign="top">
121
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Campbell</a>
</td>
<td width="106" valign="top">
2612
</td>
<td width="106" valign="top">
$893,000
</td>
<td width="106" valign="top">
115
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Forde</a>
</td>
<td width="106" valign="top">
2914
</td>
<td width="106" valign="top">
$543,000
</td>
<td width="106" valign="top">
115
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Monash</a>
</td>
<td width="106" valign="top">
2904
</td>
<td width="106" valign="top">
$512,000
</td>
<td width="106" valign="top">
112
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Bruce</a>
</td>
<td width="106" valign="top">
2617
</td>
<td width="106" valign="top">
$645,000
</td>
<td width="106" valign="top">
108
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Isaacs</a>
</td>
<td width="106" valign="top">
2607
</td>
<td width="106" valign="top">
$815,000
</td>
<td width="106" valign="top">
98
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Griffith</a>
</td>
<td width="106" valign="top">
2603
</td>
<td width="106" valign="top">
$1,060,000
</td>
<td width="106" valign="top">
93
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Hughes</a>
</td>
<td width="106" valign="top">
2605
</td>
<td width="106" valign="top">
$777,500
</td>
<td width="106" valign="top">
93
</td>
</tr>
<tr>
<td width="106" valign="top">
<a target="_blank" href="/news">Flynn</a>
</td>
<td width="106" valign="top">
2615
</td>
<td width="106" valign="top">
$480,000
</td>
<td width="106" valign="top">
92
</td>
</tr>
</tbody></table>
Source: <a target="_blank" href="https://www.rpdata.com/" style="outline-style: none; outline-width: initial; outline-color: initial; text-decoration: underline; color: #6888b1;">RPData</a>
<a target="_blank" href="https://www.rpdata.com/"></a>
</body></html>

Forrest tops ACT 10 slowest selling suburbs: RP Data 

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The series finale of Grand Designs Australia features a "semi-brutalist" contemporary home in Queensland’s Ocean View.
The concrete home is designed to last and was driven by couple Brunella and Carlo’s passion for concrete.
Almost 50 metres of a six-metre-high concrete wall will form the spine of the house.
A concrete gallery style wall will extend the full length inside and polystyrene blocks filled with more concrete will shape the ground floor.
A series of consecutive bedrooms, a kitchen and a main living space will run off one long corridor.
Upon entry to the home, a staircase leads to either the upstairs or bottom level, with the master bedroom and study upstairs.
Upstairs also plays host to an outdoor terrace with an outdoor fireplace.
The outside façade is rendered in concrete gray and is solid and bold.
“In no way does this building look warm and inviting,” says Grand Designs host Peter Maddison.
“A site with no water, no sewerage, termites, bushfires, high winds and soil instability… brutalist seems to be the right way to go,” says Maddison.
<a target="_self" href="/news">Ocean View</a> is a rural suburb of Queensland, located north of Dayboro.
It has a population of 3,720 residents, and separate houses account for 98.5% of dwelling types.
Current market listings range from $459,000 for a <a target="_blank" href="https://www.domain.com.au/Property/For-Sale/House/QLD/Ocean-View/?adid=2009555728">three-bedroom, one-bathroom home</a> to $1,185,000 for a <a target="_blank" href="https://www.domain.com.au/Property/For-Sale/House/QLD/Ocean-View/?adid=2009554845">three-bedroom, two-bathroom home</a>.
Last week’s episode featured a house in the <a href="https://www.propertyobserver.com.au/renovating/people-in-barossa-valley-glass-houses-on-grand-designs/2012112858157http:/www.propertyobserver.com.au/renovating/people-in-barossa-valley-glass-houses-on-grand-designs/2012112858157">Barossa Valley</a> that was virtually all glass in the hope of capturing the Barossa Valley views.
The Ocean View House episode will air on the Lifestyle channel on December 6 at 8.30pm.
</body></html>

Semi-brutalist right at home in Ocean View on this week's Grand Designs

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Colliers International has sold the Australia Taxation Office (ATO) building in Albury for $48 million reflecting an 8% yield.
The seven storey commercial building is being used by the ATO for the administration and collection of business activity statements.
The ATO occupies 95% of the total lettable space and has a 15-year lease.
Colliers International received expressions of interest from onshore investors and overseas parties in the United States, Singapore and New Zealand.
“The sale of the Albury ATO building confirms what we’ve been saying in the market place – there is a flight to quality and above all else the ability of an asset to attract secure long term cash flow is king,” says director of investment Services and office leasing, Tim Mutton.
“Our experience in major office building sales is that buyers are interested in the security of the Commonwealth lease covenant and want cash flow for more than 10 years,”
Located at 520 Smollett Street, The 10,786 square-metre building has 56 basement car parks and was built by the Doma Group.
</body></html>

ATO Albury building sells for $48 million

<html><body>
Three Canadian fashion retailers are swimming ashore to lease space in the $385 million redevelopment of Rundle Place on Rundle mall in the Adelaide CBD.
Rundle Place features 85 shops over 22,000 square metres of retail space running along Rundle Mall and is due to be completed in October next year, featuring a Harris Scarfe store and anchor-tenanted by Coles, along with a mix of other retailers and a 500-seat food court.
Point Zero – a Canadian brand name and manufacturer of chic and fashion forward apparel for men, women and children – is among the retailers.
Point Zero operates from more than 35 boutiques across Canada, has 920 shop-in-shops in department stores, and has opened franchises in Central and South America and the Middle East.
Joshua Perets was created in 2001 and is directed at the teen and tween market with undergarments to hoodies, jeans to perfume.
As of April 2012, Joshua Perets had 35 stores across Canada.
La Vie en Rose is a leading specialty lingerie retailer for women aged 25 to 54.
It has over 165 boutiques across Canada and expanded into the Middle East, Europe and Asia in 2004.
“We are very excited to open our first stores in a growing city like Adelaide,” says director of retail expansions for La Vie en Rose Joseph Waknine.
“Rundle Place has proven to be the right spot for us with the best mixture of national and international big brands,” says Waknine.
Rundle Place will also include an 10-storey commercial tower that is set to open in October 2013.
The tower has been preleased to the Adelaide Bank and Bendigo Bank.
Vacancy rates for Rundle mall rose in the third quarter of 2012 from 6.85% in June to 10.27% in September, according to a research report by Savills.
Rent in Rundle Mall range from $2,000 per square metre to $3,700 per square metre.
“The centre is now 95% leased and interest continues to be strong,” says Ilona Rose, project leasing manager from Rundle Place.
</body></html>

Rundle Place secures Canadian fashion tenants

<html><body>
RP Data has released the latest suburb rental yields.
Property Observer has compiled a table of Victoria's top 30 rental yield suburbs.
Nhill tops the list with a rental yield of 9%, followed by Dimboola with 8.5%.
Melbourne makes it onto the list with a rental yield of 6.1%
<table cellpadding="0" cellspacing="0" border="1" style="width: 470px;"><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">
GROSS RENTAL YIELD
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Nhill</a>
</td>
<td valign="top" width="106">
3418
</td>
<td valign="top" width="106">
$100,000
</td>
<td valign="top" width="106">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Dimboola</a>
</td>
<td valign="top" width="106">
3414
</td>
<td valign="top" width="106">
$97,500
</td>
<td valign="top" width="106">
8.5%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Warracknabeal</a>
</td>
<td valign="top" width="106">
3393
</td>
<td valign="top" width="106">
$103,000
</td>
<td valign="top" width="106">
7.8%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">East Bairnsdale</a>
</td>
<td valign="top" width="106">
3875
</td>
<td valign="top" width="106">
$182,500
</td>
<td valign="top" width="106">
7.1%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Mortlake</a>
</td>
<td valign="top" width="106">
3272
</td>
<td valign="top" width="106">
$137,500
</td>
<td valign="top" width="106">
7.1%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Mount Beauty</a>
</td>
<td valign="top" width="106">
3699
</td>
<td valign="top" width="106">
$158,000
</td>
<td valign="top" width="106">
7%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Murtoa</a>
</td>
<td valign="top" width="106">
3390
</td>
<td valign="top" width="106">
$117,500
</td>
<td valign="top" width="106">
7%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Orbost</a>
</td>
<td valign="top" width="106">
3888
</td>
<td valign="top" width="106">
$140,000
</td>
<td valign="top" width="106">
7%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Red Cliffs</a>
</td>
<td valign="top" width="106">
3496
</td>
<td valign="top" width="106">
$170,000
</td>
<td valign="top" width="106">
7%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Terang</a>
</td>
<td valign="top" width="106">
3264
</td>
<td valign="top" width="106">
$155,000
</td>
<td valign="top" width="106">
7%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Merbein</a>
</td>
<td valign="top" width="106">
3505
</td>
<td valign="top" width="106">
$150,000
</td>
<td valign="top" width="106">
6.9%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Ararat</a>
</td>
<td valign="top" width="106">
3377
</td>
<td valign="top" width="106">
$165,000
</td>
<td valign="top" width="106">
6.9%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Chiltern</a>
</td>
<td valign="top" width="106">
3683
</td>
<td valign="top" width="106">
$176,750
</td>
<td valign="top" width="106">
6.7%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Moe</a>
</td>
<td valign="top" width="106">
3825
</td>
<td valign="top" width="106">
$157,500
</td>
<td valign="top" width="106">
6.6%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Kerang</a>
</td>
<td valign="top" width="106">
3579
</td>
<td valign="top" width="106">
$145,000
</td>
<td valign="top" width="106">
6.5%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Stawell</a>
</td>
<td valign="top" width="106">
3380
</td>
<td valign="top" width="106">
$160,000
</td>
<td valign="top" width="106">
6.5%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Hamilton</a>
</td>
<td valign="top" width="106">
3300
</td>
<td valign="top" width="106">
$195,000
</td>
<td valign="top" width="106">
6.4%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a target="_blank" href="/news">Clunes</a>
</td>
<td valign="top" width="106">
3370
</td>
<td valign="top" width="106">
$196,500
</td>
<td valign="top" width="106">
6.4%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a target="_blank" href="/news">Irymple</a>
</td>
<td valign="top" width="106">
3498
</td>
<td valign="top" width="106">
$220,000
</td>
<td valign="top" width="106">
6.4%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a target="_blank" href="/news">Morwell</a>
</td>
<td valign="top" width="106">
3840
</td>
<td valign="top" width="106">
$151,000
</td>
<td valign="top" width="106">
6.4%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Rochester</a>
</td>
<td valign="top" width="106">
3561
</td>
<td valign="top" width="106">
$195,500
</td>
<td valign="top" width="106">
6.4%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Maryborough</a>
</td>
<td valign="top" width="106">
3465
</td>
<td valign="top" width="106">
$182,000
</td>
<td valign="top" width="106">
6.3%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Tallangatta</a>
</td>
<td valign="top" width="106">
3700
</td>
<td valign="top" width="106">
$180,000
</td>
<td valign="top" width="106">
6.3%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Churchill</a>
</td>
<td valign="top" width="106">
3842
</td>
<td valign="top" width="106">
$168,500
</td>
<td valign="top" width="106">
6.2%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Heywood</a>
</td>
<td valign="top" width="106">
3304
</td>
<td valign="top" width="106">
$150,000
</td>
<td valign="top" width="106">
6.2%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Norlane</a>
</td>
<td valign="top" width="106">
3214
</td>
<td valign="top" width="106">
$200,500
</td>
<td valign="top" width="106">
6.2%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Eildon</a>
</td>
<td valign="top" width="106">
3713
</td>
<td valign="top" width="106">
$183,750
</td>
<td valign="top" width="106">
6.1%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Melbourne</a>
</td>
<td valign="top" width="106">
3004
</td>
<td valign="top" width="106">
$475,000
</td>
<td valign="top" width="106">
6.1%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Benalla</a>
</td>
<td valign="top" width="106">
3672
</td>
<td valign="top" width="106">
$208,750
</td>
<td valign="top" width="106">
6%
</td>
</tr>
<tr>
<td valign="top" width="106">
<a href="/news">Dennington</a>
</td>
<td valign="top" width="106">
3280
</td>
<td valign="top" width="106">
$325,001
</td>
<td valign="top" width="106">
6%
</td>
</tr>
</tbody></table>
Source <a target="_blank" href="https://www.myrp.com.au/">RP Data</a>
</body></html>

Victoria's top 30 highest rental yield suburbs: From Nhill to Dennington via Melbourne 

<html><body>
Conway, a sandstone villa in the Adelaide suburb of Malvern has been snappily sold for more than its price guide of $2.9 million.
The four-bedroom, three-bathroom home with a tower was listed for a short 20 days before beating price expectations.
David Cocks from Cocks Auld Real Estate Unley<a href="https://www.cocksauld.com.au/properties/residential/House-SA-Malvern-112039967" target="_blank"> </a> closed the sale.
The  circa 1890 house sits on 1,923 square metres of land at <a href="https://www.cocksauld.com.au/properties/residential/House-SA-Malvern-112039967" target="_blank">50 Austral Terrace</a>, <a href="/news">Malvern</a>.
The property last sold in 1997 for $680,500.
The property has a tennis court, an in-ground pool, a home theatre, gym and two large cellar rooms.
The 1890s was a period of rapid expansion in South Australia, according to the <a href="/news">Unley heritage research study (2006)</a>. 
In 1890 buildings were being erected at a rate of 146 per year.
The initial Malvern estate was in 1881, a large subdivision of 633 allotments extended from the south side of Wattle Street to include allotments on the south side of Winchester Street.
The Malvern extension, the 1884 subdivision, was undertaken by William Shierlaw and Thomas Matters and approved by the mortgagee Freak Trimmer with 231 allotments.
"During this period, solid masonry houses of a range of forms and scale were constructed in large numbers with substantial villas built of bluestone or sandstone dominating many streetscapes," notes the research study.
"The detail on these houses is specifically derived from 'classical' Italianate sources, but the forms were varied, and included single fronted, symmetrically fronted, and asymmetrically fronted houses, some with bay fronted projections," it noted.
The district was characterised by substantial mansions set in well landscaped, expansive grounds, demonstrating the transformation of former farm land into a notable residential area, it noted.
</body></html>

Snappy sale for Adelaide villa Conway

<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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