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Lexington, a Wahroonga family estate surrounded by 2,061 sqm of established gardens in the Upper North Shore of Sydney has been sold. 
It has been sold for $3.05 million by Suzie Stathakis of DiJones North Shore Wahroonga. 
The four bedroom, three bathroom home is situated at <a href="https://www.realestate.com.au/sold/property-house-nsw-wahroonga-133436502" target="_blank">42 Bundarra Avenue, Wahroonga</a>.
Built in the 1930s, the full brick home comes with open family space, French provincial inspired kitchen, and paved alfresco. 
The home comes with include wood burning fireplace, lawns, pool, and double lock garage plus carport. 
The home is located in the Waitara Public school catchment.
 
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j.ballantyne1990-6AQqhLzZaK

1930s Wahroonga trophy home sold for $3 million 

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Up to 10 people at a time will be allowed to attend open homes in Western Australia after the state government eased coronavirus restrictions.
Real estate agents across the state have only been able to show one person through a property at a time in the four weeks since the state government imposed a two-person only restriction on March 30.
These stage 3 restrictions will be eased on Monday in WA, Premier Mark McGowan and Health Minister Roger Cook announced on Sunday.
Real Estate Institute of Australia president Adrian Kelly said, “We would obviously like to see that extended throughout the other states, but at the same time that needs to be done very slow and steady because the last thing we need in Australia is a second wave of the virus to occur … we’ve all worked hard to get this far."
Under the changes, a maximum of 10 people will be allowed at weddings, funerals, outdoor personal training, open homes and display village inspections.
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Restriction eased on open home inspections in Western Australia

Rental listings rising as COVID-19 continues: REA Group

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COVID-19 led to some very quick changes to how property is viewed, bought and sold.
Following the implementation of government restrictions to public inspections and on-site auctions, the property industry reacted almost overnight, switching to digital inspections and online auctions.
With social distancing measures expected to start easing from next month, will any part of the transaction process be permanently changed as a result of COVID-19?
Prior to COVID-19, auctions only made up 15% of the overall sales market. Now, online auctions make up an even smaller proportion at 5%.
Online auctions are a great way to facilitate buyers that may not be able to attend in person so we will continue to see a small number of auctions held this way once restrictions ease. It’s more likely that when restrictions ease, on-site auctions will bounce back as before.
<img src="https://www.urban.com.au/images/2020/4/27/REA%20table.JPG" alt="">
The benefits of digital inspections are here to stay. While good quality photography provides an indication of how a property looks, a walk-through video or 3D tour gives potential buyers significantly improved perspective on the quality, size and layout of the property.
Digital inspections are delivering more qualified buyers to agents, and that’s a good very thing.
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Digital inspections are here to stay as NSW cracks 1 million views: REA

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GUEST OBSERVATION
The COVID-19 pandemic has shown us our health is intimately connected to the health of the person next to us, and that everyone needs shelter. It has created unprecedented urgency about moving people who are homeless into emergency accommodation – for their health and ours. So what happens next?
Getting people into hotel and motel rooms and off the streets is a good thing, but these are stopgap measures. They don’t provide a home.
The rush to shelter people before the peak of the virus has been driven by a pressing need to protect us all. As the only seven-day-a-week mobile outreach service still operating in Victoria, <a href="https://www.launchhousing.org.au/">Launch Housing</a> has temporarily housed 800 people, half of whom were sleeping rough. So what will happen to them and the thousands of other Australians in emergency accommodation when social-distancing restrictions ease and our world returns to something resembling normal?
Will they exit back into street homelessness to become the face of fear and stigma, while the rest of the community returns to more social activities?
A way to find homes right now
Australia has a significant but solvable homelessness problem, so let’s start solving it right now.
<a href="https://images.theconversation.com/files/330009/original/file-20200423-47804-1m369kz.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/330009/original/file-20200423-47804-1m369kz.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
 Image: AAP, Author provided
To avoid people being deposited back onto the streets, we’re asking state and territory governments to fund a rapid spot-purchasing program. The Victorian government has done it before on a smaller scale in 2016, and it worked. It’s time to do it again, but on a bigger scale and around the country.
The spot-purchasing program would fund community housing agencies to enter the property market to buy up “distressed” or cheap housing assets. These properties would be let at below market rent to people who pay 30% of their income as a social rent.
Vendors and developers would get <a href="https://www.domain.com.au/news/price-cuts-on-the-rise-as-vendors-rush-to-sell-in-coronavirus-pandemic-950402/?utm_campaign=strap-masthead&amp;utm_source=the-age&amp;utm_medium=link&amp;utm_content=pos5&amp;ref=pos1">much-needed sales</a> and thousands of people would get a home. Taxpayers would get an enduring social benefit for years to come, as expensive nightly motel bills – without any long-term benefit – get converted to community-owned property assets.
We estimate the program would cost about A$210 million in Victoria and a similar amount in other states. It <a href="https://theconversation.com/supportive-housing-is-cheaper-than-chronic-homelessness-67539">costs more to treat street homelessness than it does to fix it</a>. So, it makes economic and social sense to put the fix in now.
This is our mirror moment. We simply can’t afford to drop people when no one is looking and attention turns elsewhere.
People in emergency accommodation can’t wait years for new housing to be built. They (and we) need those homes now while longer-term solutions are developed.
Meeting rising needs in the longer term
Many people who are not homeless have lost jobs or had their work hours cut, and are facing their first-ever brush with housing insecurity. They are struggling, paying more than 30% of their income for housing.
There was a housing crisis before this latest upheaval, and these conditions haven’t changed. Rents were too high and there <a href="https://theconversation.com/australias-housing-system-needs-a-big-shake-up-heres-how-we-can-crack-this-130291">weren’t enough affordable homes</a>.
The health and economic fallout from COVID-19 has exposed the urgent need for more homes that are cheaper to rent for people on moderate, low or no incomes.
Crucially, we are also calling for the Australian government to fast-track the building of more social and affordable housing as part of an economic stimulus package.
A national social housing stimulus package will help get people back to work, speed the recovery, give the building industry the confidence to retain more workers and put roofs over people’s heads.
Initiatives to fund the construction of new social housing could be rolled out quickly. The industry capacity is there to do it, in partnership with the community housing sector.
The early stages of the stimulus would bring forward maintenance and new construction projects that are already on the drawing board.
By targeting locations with transport and facilities but <a href="https://theconversation.com/coronavirus-puts-casual-workers-at-risk-of-homelessness-unless-they-get-more-support-133782">high levels of rental stress</a>, new social housing buildings can be built quickly and integrated well into local communities.
The stimulus should be designed to encourage new mixed housing models, including properties that are “<a href="https://theconversation.com/build-to-rent-could-shake-up-real-estate-but-wont-take-off-without-major-tax-changes-119603">built to rent</a>”.
It would increase the supply of social housing for households that are homeless, or at risk of becoming so, and would stimulate the building, maintenance and construction industry.
A building-led recovery
The program would build on the <a href="http://www.nwhn.net.au/admin/file/content101/c6/social_housing_initiative_review.pdf">Social Housing Initiative</a> that was launched in response to the 2008 Global Financial Crisis. Some 20,000 new social housing units were built throughout Australia.
This time, we think it is possible to deliver 30,000 new units. Community housing organisations could raise extra private finance to build another 5,000 homes.
We’ll need this <a href="https://theconversation.com/is-social-housing-essential-infrastructure-how-we-think-about-it-does-matter-110777">social infrastructure</a> more than ever after the pandemic. <a href="https://theconversation.com/growing-numbers-of-renters-are-trapped-for-years-in-homes-they-cant-afford-125216">Rental stress</a> and <a href="https://theconversation.com/6-steps-towards-remaking-the-homelessness-system-so-it-works-for-young-people-136385">homelessness</a> are increasing and the <a href="https://www.anglicare.asn.au/research-advocacy/the-rental-affordability-snapshot">lack of low-price rental housing</a> are issues we can no longer ignore.
The pandemic has created some very real challenges, but it also creates some unique opportunities to accelerate progress on ending homelessness, to recognise our interconnectedness and to give people the best possible protection of all – a home.
<hr>
This article was co-authored by Bevan Warner, CEO of Launch Housing.<img src="https://counter.theconversation.com/content/137069/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
<a href="https://theconversation.com/profiles/ron-wakefield-1044738">Ron Wakefield</a>, Professor of Construction, Deputy Pro-Vice Chancellor, International, and Dean, School of Property, Construction and Project Management, <a href="https://theconversation.com/institutions/rmit-university-1063">RMIT University</a>
This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/the-need-to-house-everyone-has-never-been-clearer-heres-a-2-step-strategy-to-get-it-done-137069">original article</a>.
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The need to house everyone has never been clearer, a 2-step plan to do it

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GUEST OBSERVATION
COVID-19 has forced us into social distancing, isolation and quarantine. These conditions are likely fostering widespread <a href="https://www.thelancet.com/journals/lancet/article/PIIS0140-6736(20)30460-8/fulltext">anxiety and loneliness</a> in our cities. However, they’ve also made the need for socially connected, vibrant public spaces obvious to all.
We offer four strategies for rebuilding social connectivity and emotional well-being in our cities, once restrictions are lifted.
Changing the emotional climate
Enforced distancing measures are probably changing not just our work, travel and family routines, but how we interact with others and how we feel about ourselves and our communities.
Loneliness is <a href="https://theconversation.com/loneliness-is-a-social-cancer-every-bit-as-alarming-as-cancer-itself-126741">bad for your health</a> and is likely on the rise. There is no guarantee the pandemic-driven shift towards <a href="https://theconversation.com/does-social-media-make-us-more-or-less-lonely-depends-on-how-you-use-it-128468">more digital communication</a> will compensate for the lost emotional closeness of in-person contact.
As loneliness becomes more common, it creates a change in what sociologists refer to as “<a href="https://www.researchgate.net/publication/258997923_Towards_a_Theory_of_Collective_Emotions">emotional climates</a>” – the collective feelings experienced and shared by most people within a given city or society. A “mass emotional event” like COVID-19 can dramatically alter the emotional climate. It’s so disruptive that it leads to a permanent change in everyday emotional states, expressions and social interactions.
COVID-19 has strong potential to make us not only lonelier, but more distrustful, fearful, anxious and angry. The emerging evidence of this includes: <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-03-16/coronavirus-is-not-a-threat-to-food-supply-experts-say/12058412">panic buying of goods</a>; abuse and stigma of “risky” carers such as <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-04-05/nsw-nurses-midwives-abused-during-coronavirus-pandemic/12123216">health workers</a>; and potential increases in <a href="https://www.theguardian.com/society/2020/apr/15/domestic-abuse-killings-more-than-double-amid-covid-19-lockdown">domestic violence</a> and <a href="https://www.sbs.com.au/news/insight/why-pets-are-at-risk-during-the-coronavirus-pandemic?cid=news:socialshare:twitter">animal cruelty</a>.
It has even been <a href="https://www.smh.com.au/lifestyle/life-and-relationships/we-re-grieving-collectively-finding-calm-in-a-pandemic-20200409-p54ipe">suggested</a> we are collectively processing and moving through the stages of mass grief.
It’s important to remedy negative emotional climates with strategies to reconnect communities, allay fears and better prepare us for any <a href="https://books.google.com.au/books?id=xKf_I2SYfQUC&amp;pg=PA284&amp;lpg=PA284&amp;dq=era+of+returned+pandemics+beaglehole&amp;source=bl&amp;ots=nsErrqzub6&amp;sig=ACfU3U3dlpHNJvxKsqaWrNKsL2EViHkMKw&amp;hl=en&amp;sa=X&amp;ved=2ahUKEwi90_PezeToAhUtyzgGHVx-Cs8Q6AEwCXoECAwQKQ#v=onepage&amp;q=era%20of%20returned%20pandemics%20beaglehole&amp;f=false">future shutdowns</a>. We can even aim to promote positive emotional climates and “<a href="https://www.theage.com.au/national/victoria/kindness-outbreak-keeping-people-occupied-and-entertained-20200316-p54and?fbclid=IwAR3RiXvSw29EUBNzE79CwMbBtZKvU-">kindness pandemics</a>”.
4 ways to build better communities
COVID-19 is an opportunity to build on what we know and to learn from this situation. It’s possible to promote social and emotional well-being. We suggest four key approaches for building better communities that do this.
1) Design walkable, social, flexible public spaces
Recent work-from-home practices have reduced car traffic by up to <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-04-11/how-coronavirus-could-forever-change-our-cities-and-suburbs/12137122">50% on arterial roads</a>. However, they have also prompted <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-04-11/how-coronavirus-could-forever-change-our-cities-and-suburbs/12137122">cabin fever</a> and a craving for exercise and social contact.
Cities and suburbs should be redesigned to support physical and social activity and mental health. We need a greater emphasis on <a href="https://www.smh.com.au/national/nsw/sydney-s-inner-west-gets-20m-for-cycleways-to-revitalise-open-spaces-20200421-p54lsl">cycle- and pedestrian-friendly spaces</a>. There should also be renewed focus on building walkable town centres and <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-04-11/how-coronavirus-could-forever-change-our-cities-and-suburbs/12137122">neighbourhood high streets</a>, rather than continuing with car-dependent suburban sprawl.
Recent examples of innovative and flexible use of space by business are inspiring. Whether cafes become corner stores, <a href="https://concreteplayground.com/sydney/food-drink/sydneys-bars-restrictions">pubs sell takeaway cocktails</a>, parks become gyms, or <a href="https://grattan.edu.au/report/social-cities/">car parks become pop-up businesses</a>, flexible use of space should become commonplace.
2) Integrate public and online spaces
Our new <a href="https://ro.uow.edu.au/lhapapers/3836/">online communication skills</a> can help us develop a better <a href="https://theconversation.com/does-social-media-make-us-more-or-less-lonely-depends-on-how-you-use-it-128468">physical-digital interface</a> for bringing people together.
Video conferencing is flexible and can enable long-distance connection and “work from home” hubs. However, social media platforms, such as Facebook, Meetup, WhatsApp or art-based apps like <a href="https://www.mirandajuly.com/somebody-2/?fbclid=IwAR2PfAyCNFei9_F14z7veslK4Lnzay_Kb4w9iPCWfQYHvRrWWlvU_KhvGwY">Somebody</a>, are useful for organising physical meetings too. These can can help with community volunteering, socialising, or simply sharing <a href="https://www.theage.com.au/national/victoria/kindness-outbreak-keeping-people-occupied-and-entertained-20200316-p54and?fbclid=IwAR3RiXvSw29EUBNzE79CwMbBtZKvU-V_p9SaGBWFkt2QTrHX_wg7OjZMs34">guerrilla-garden herbs for local cooking</a>.
A better physical-digital interface could help new jobs flourish in “interactive” creative industries that virtually connect isolated individuals. New art spaces could be established, putting connective digital infrastructure, such as audio-visual platforms, within physical spaces to help face-to-face and virtual audiences interact.
3) Provide quality housing
COVID-19 has exposed the vast variability in the quality of Australian housing. Many homes lack the space to accommodate work, study, relaxation, exercise and socialising, or spaces where people can seek <a href="https://www.wearethemighty.com/MIGHTY-SURVIVAL/covid-19-memes?rebelltitem=60#rebelltitem60">privacy and quiet</a>. Housing also varies in its access to fresh air, light, temperature control and <a href="http://www.mentalhealthpromotion.net/resources/the-built-environment-and-mental-health.pdf%20https://eprints.qut.edu.au/84990/">healthy green spaces</a>.
Designing future homes with these needs and features in mind should be a priority.
4) Build with different needs and stigma in mind
The impacts of COVID-19 will not be felt equally. Post-COVID-19 cities should take this into account.
COVID-19 has exposed the vulnerability of people <a href="https://www.economist.com/international/2020/04/12/might-the-pandemic-be-a-lifeline-for-the-rich-worlds-homeless?fbclid=IwAR2IAYqOHV7NeeH299AQySy8tUZM3JEFEPUofL18VZ9FB3IIikvAxUWM9kE">experiencing homelessness</a>. It has also greatly increased the risk of loneliness for the <a href="https://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/2071.0%7E2016%7EMain%20Features%7ESnapshot%20of%20Australia,%202016%7E2">one in four Australians who live alone</a>. This applies particularly to older Australians with a mobility impairment.
The pandemic has also highlighted the safety risks of centralised living arrangements <a href="https://www.forbes.com/sites/andrewpulrang/2020/03/08/5-things-to-know-about-coronavirus-and-people-with-disabilities/#eef2b4d1d21f">like nursing homes</a>.
We must prioritise the creation of housing that reduces isolation and promotes social connection.
Recent positive public conversations on <a href="https://www.insider.com/coronavirus-memes-people-joking-about-covid-19-to-reduce-stress-2020-3#of-course-theres-a-subset-of-coronavirus-content-imagining-how-the-pandemic-would-play-out-on-an-episode-of-the-office-5">social media</a> and within the <a href="https://www.dazeddigital.com/art-photography/article/48442/1/how-artist-edward-hopper-became-the-poster-boy-of-quarantine-culture">arts community</a> on previously stigmatised emotions like loneliness and anxiety will help keep these concerns on the public agenda.<img src="https://counter.theconversation.com/content/136606/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
<a href="https://theconversation.com/profiles/roger-patulny-94836">Roger Patulny</a>, Associate Professor of Sociology, <a href="https://theconversation.com/institutions/university-of-wollongong-711">University of Wollongong</a>; <a href="https://theconversation.com/profiles/jordan-mckenzie-255341">Jordan McKenzie</a>, Senior Lecturer in Sociology, <a href="https://theconversation.com/institutions/university-of-wollongong-711">University of Wollongong</a>; <a href="https://theconversation.com/profiles/marlee-bower-1000885">Marlee Bower</a>, Postdoctoral Research Fellow, Matilda Centre for Research in Mental Health and Substance Use, <a href="https://theconversation.com/institutions/university-of-sydney-841">University of Sydney</a>, and <a href="https://theconversation.com/profiles/rebecca-e-olson-273960">Rebecca E. Olson</a>, Senior Lecturer, School of Social Science, <a href="https://theconversation.com/institutions/the-university-of-queensland-805">The University of Queensland</a>
This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/reconnecting-after-coronavirus-4-key-ways-cities-can-counter-anxiety-and-loneliness-136606">original article</a>.
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Reconnecting after coronavirus – 4 key ways cities can counter anxiety and loneliness

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New regulations published in NSW will give immediate effect to the NSW Government’s COVID-19 rental relief measures, reflecting the National Cabinet’s Code of Conduct agreed to by all states.
Minister for Finance and Small Business Damien Tudehope and Treasurer Dominic Perrottet said the changes will support and guide tenants and landlords in negotiating agreements.
They are part of the NSW Government’s package of support for tenants and landlords which includes up to $440 million in land tax relief announced on April 13, to be split approximately 50-50 between the commercial and residential sectors.
“This is about adopting a national framework in NSW so agreements can be reached between parties and more businesses stay in business and people stay in jobs,” Mr Tudehope said.
“These new regulations require landlords to negotiate rent relief agreements with tenants in financial distress due to COVID-19 by applying the leasing principles in the National Code of Conduct.”
Mr Tudehope said the regulations - which also apply to commercial leases - would provide a clear way forward for tenants and landlords to reach agreements.
To facilitate these changes, and deliver increased mediation and advisory services to commercial parties, the NSW Small Business Commission will be bolstered with extra staff and an injection of $10 million from the $1 billion Working for NSW Fund.
Regulations relating to commercial leases were expedited under amendments passed by the NSW Parliament in March, which allow the Government to make laws that are reasonable to protect the health, safety and welfare of lessees or tenants during COVID-19.
New regulations to assist landlords and tenants in the residential sector were also published last week by the Minister for Better Regulation and Innovation.
Mr Perrottet said land tax relief would be available within weeks, with landlords also able to access a further land tax deferral for any outstanding amounts for a three-month period if they’ve claimed the land tax concession.
“Eligible landlords will be able to apply for a land tax concession of up to 25 per cent of their 2020 land tax liability on relevant properties so long as they pass on the full savings in the form of a rent reduction to their tenants,” Mr Perrottet said.
The commercial lease policy will apply to business tenants with a turnover of less than $50 million that experience a 30 per cent (or more) reduction in revenue as a result of the COVID-19 pandemic. 
For residential tenancies, households must show they have suffered a loss of income equal to or greater than 25 per cent due to COVID-19 and are struggling to make rental payments.
It is expected eligible landlords will be able to apply for land tax rebates from Service NSW from Monday, 4 May 2020.
More information is available via <a href="http://www.service.nsw.gov.au" target="_blank">Service NSW</a>.
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NSW Government acts to support commercial tenants and landlords

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Domain Group trading in the FY20 March quarter saw a small revenue increase of 1% for the quarter, and 10% in the month of March.
Digital revenue also increased, 3% for the quarter and 15% for the month of March despite the shutdown being introduced.
Domain has strengthened its liquidity position by reaching agreement with its banking group for a new debt facility of $80 million, with a term of 18 months.
The facility is in addition to the $225 million facilities announced to the market on 8 November 2019, with terms of three and four years.
Domain’s banking group has also agreed to a waiver of the group’s financial covenants as at June and December 2020. Domain’s net debt at 31 March 2020 was $149.5 million compared with $147.9 million at December 2019.
Domain has launched a voluntary staff program to deliver a 20% reduction in staff costs, while retaining employee talent and business momentum for the long term.
Employees were offered the opportunity to participate in a Share Rights program whereby they could receive a percentage of their salary package over the next six months in share rights (Rights), or alternatively elect to reduce working hours.
Both options have the effect of reducing staff costs over the next six months.
The plan has been overwhelmingly supported by Domain employees, with the majority electing to take a percentage of their salary in Rights.
Domain’s Leadership Team has elected to participate at higher rates: 30% for executive leaders and 50% for the CEO and Board members. The plan will take effect for six months from May 2020.
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Domain has announce surprise March revenue growth

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A Devon Meadows, Victoria acreage home has been sold for $800,000.
The home spent almost five years on market seeking $950,000 before being taken off market and relisted as a mortgagee.
It then sold after a one month marketing campagn.
Matt Dewan and Brent Day of Obrien Real estate marketed the property.
Situated at <a href="https://www.realestate.com.au/sold/property-acreage+semi-rural-vic-devon+meadows-132310454" target="_blank">1874 South Gippsland Highway</a>, the home sits on 2.5 acres (9,152 sqm).
A three bedroom, one bathroom abode is positioned on the holding
The property last traded for $300,000 in 2005.
It is located a short drive to the heart of Cranbourne and according to the listing, "with some TLC this property is a land-owner's dream and once completed will make the ideal country retreat."
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median sale price for a home in <a href="/developments/devon-meadows-vic-3977">Devon Meadows</a> is $644,000 according to the latest CoreLogic data.
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Devon Meadows, Victoria mortgagee acreage sold after five years on market

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7-Eleven and its franchisees have been granted conditional interim authorisation to discuss potential temporary store closures or reduced trading hours in light of reduced customer demand because of COVID-19 restrictions.
7-Eleven owns and operates stores in competition with its franchisees in some areas and therefore discussions and agreements between them risk breaching the competition laws.
“We recognise that 7-Eleven and its franchisees are facing difficult trading conditions due to the COVID-19 pandemic, and believe this co-operation could help the network and individual stores to remain viable,” ACCC Chair Rod Sims said.
“Importantly, franchisees are not required to temporarily close or reduce their store hours if they do not wish to. Our decision to grant interim authorisation does not force franchisees to agree to the terms offered by 7-Eleven.”
Franchisees that agree to close temporarily will receive an ex-gratia payment from 7-Eleven to cover certain unavoidable operational costs. For franchisees that agree to reduce their hours, the minimum guaranteed income that the franchisee receives from 7-Eleven would be pro-rata adjusted to reflect the temporary reduction in trading hours.
“Franchisees are strongly encouraged to seek independent legal and financial advice when considering whether to adopt these temporary measures,” Mr Sims said.
Interim authorisation is subject to a condition that requires 7-Eleven to notify the ACCC of arrangements reached with franchisees to provide some ACCC oversight.
“We are going to closely monitor the effect of these arrangements and when it is appropriate for this authorisation to be revoked,” Mr Sims said.
Having granted interim authorisation for the arrangements, the ACCC will seek feedback on 7-Eleven’s application for authorisation. 
Details on how to make a submission and more information, including the ACCC’s interim authorisation decision, is available at <a href="https://www.accc.gov.au/public-registers/authorisations-and-notifications-registers/authorisations-register/7-eleven-stores-pty-limited" target="_blank">7-Eleven Stores Pty Limited</a>.
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7-Eleven and franchisees authorised to co-operate on store opening times: ACCC

Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Staff reporter

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