<html><body>
Teska Carson is marketing a retail investment opportunity at Burwood East in Melbourne’s eastern suburban heartland.
The property will be auctioned on Friday, March 27 at 1pm on site.
The shop 13, 10-14 Burwood Highway, property comprises a 60 square metre retail premises utilised as a newsagency and returning $46,160 per annum on an eight year term (with an eight year option) from August 2019.
Located in the tightly held and highly sought after Burwood Heights Shopping Centre the property, trading as East Burwood Newsagency, is part of a Woolworths anchored centre with 37 shops including a Commonwealth Bank, BWS, medical, health &amp; beauty, café and food outlets.
According to Teska Carson marketing agents, Luke Bisset and Michael Taylor, the property also benefits from the Centre’s excellent exposure to both Burwood Highway and Middleborough Road, and ample on-site customer parking.
This is a superbly located property which infinitely enhances its investment credentials along with the secure eight year lease and the attraction of 37 specialty stores and the Woolworths supermarket.
These credentials have made these shops highly desirable from an investment point of view and it goes without saying that this property is likely to attract a high level of investor interest,’’ Mr Bisset said.
He said the property, zoned Commercial 1 under the City of Whitehorse Planning Scheme, also benefitted from its position within the City of Whitehorse which is home to some of Melbourne’s leading educational, medical and leisure facilities and features the largest information and communication technology precinct in Melbourne’s east. 
Located 20 kilometres east of Melbourne’s CBD the municipality covers an area of 64 square kilometres, has access to an extensive public transport system and is strategically positioned to take advantage of the Eastern Freeway and EastLink.
Mr Taylor said the local community was very well resourced and continued to attract new residents and new businesses.
This strongly growing community provides investors with confidence that demand for commercial property will also continue to grow,’’ Mr Taylor said.
He said the property’s key attributes included its prime location within a strongly trading centre, a secure eight year lease and transport links and parking. 
With good trade exposure, the property has optimistic growth prospects.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Leased retail property in Burwood East for sale: Teska Carson

<html><body>
EXPERT OBSERVATION
With insolvencies at an all-time high, and the continued risk of constructing high-rise unit blocks, it is essential developers focus on the ‘missing’ middle ring, employ a sustainable business model and address imbalances in the property market, according to RiskWise Property Research CEO Doron Peleg.
This has never been more important, Mr Peleg says, as figures show building approvals, especially in Sydney, are on the increase.
According to the latest figures from the HIA, building approvals in November reached their highest level since March 2019, up by 11.8 per cent due, predominantly, to a surge in NSW. 
Figures show, in seasonally adjusted terms, building approvals for the month of November 2019 increased in NSW (+52.8 per cent), South Australia (+3.8 per cent) and Queensland (+1.0 per cent).
However,<a href="http://www.riskwiseproperty.com.au/" target="_blank"> RiskWise’s</a> Mr Peleg said an increase in approvals did not necessary bode well for the property market as indicated by the record number of developer insolvencies.
ASIC reports the number of construction businesses that went into external administration rose from 371 in the September quarter of 2018 to 514 in 2019. Meanwhile, over the 2018-19 financial year, 556 construction companies went under, 101 more than the previous financial year.
In addition, 169 NSW-based construction companies went into administration, receivership or a court-ordered shutdown in the June quarter which was the highest number since the September quarter in 2015.
According to CreditorWatch, the construction sector also topped the list for recovery court actions Australia-wide and in NSW, court actions for recovery in the third quarter of 2019 were 35 per cent higher than the comparable quarter of 2018.
Mr Peleg said there had already been numerous cases of lots approved for development and subsequently sold at a loss, especially in light of the construction defect reports. 
“And if you are losing 20 per cent, you are lucky. We are really talking about millions of dollars,” he said.
“The point is developers are at risk of insolvencies and this means they need to mitigate this risk by ensuring they have a sustainable business model, focus on the ‘missing’ middle ring and address imbalances in the property market.
“Focusing on the missing middle is by far more of a solution than taking the risk of off-the-plan high-rise development.”
Mr Peleg said population growth, job creation, improving economies and good infrastructure that Sydney and Melbourne were experiencing would draw people to these cities and, therefore, increase demand for property, with population forecasters expecting both to hit the eight million mark by 2050.
In addition, he said in the current environment of already high prices it would be more difficult for owner-occupiers to compete with property investors, especially given the current environment of low interest rates and low out-of-pocket expenses.  
“We expect to see investors increase their activity in the market as it is currently well below peak and this will put further pressure on dwelling prices and housing affordability,” he said. 
“But it must be remembered that family suitable units in the middle rings are more attractive to owner-occupiers looking for larger floor space, lower price per square metre and smaller unit blocks. These are, effectively an alternative dwelling to houses, which are, in many areas, unaffordable.
“These imbalances in the market cannot be resolved without a strategic solution and co-ordinated plan by all levels of government.
“In the meantime, what it means for developers is they should be focused on developing the middle rings with family-suitable accommodation close to transport hubs and schools. There are actually many areas that have a great potential and carry a low risk, it is only a matter of business strategy and proper risk management practices.”
DORON PELEG is the CEO of Riskwise
</body></html>

The missing middle should be developer focus: RiskWise's Doron Peleg

<html><body>
Dior has lodged its final plans for refurbishment at prominent historic site in Sydney's CBD.
A Sydney Dior store's <a href="https://cdn.online.cityofsydney.nsw.gov.au/dasearch/onexhibition/1464238-12050077.PDF" target="_blank">final plans for renovation</a> was lodged by senior heritage architect of Curio Projects, Susanne Magers, and director of Curio Projects, Natalie Vinton, to the City of Sydney Council on January 24, 2020. 
The Castlereagh Street and King Street property projected a total of $9,977,277 for its refurbishment with Curio Projects.
"The site is located in the vicinity of a number of local and state heritage listed buildings," reports Curio Projects. Consequently, Christian Dior Australia had commissioned Curio Projects to prepare its Heritage Impact Statement in support of its Development Application to the council for permission to make internal aesthetics and structural changes. 
The 153 King Street block has a diverse history and has undergone many extensive changes.
Consequently, Curio Projects has expressed Dior's intentions of preserving its historic value.
In 1858, the then single-storey block was called the Carrier's Arms, which was then replaced by another hotel, named the Colonnade Hotel.
Around 1861 and by the 1870s, it was one of 13 hotels located within a 50-yard radius, making it the densest concentration of hotels in the CBD area. 
In 1880, a three-storey hotel off the same name was constructed by rapidly underwent several changes. 
By 1896, Surrey Hotel took over, licensed under Frank Underwood, and remained for the next 80 years. 
<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/2020/3/9/7_DIOR.jpg" alt="">
Source: <a href="https://cdn.online.cityofsydney.nsw.gov.au/dasearch/onexhibition/1464238-12041150.PDF" target="_blank">Curio Projects 2019, Heritage Impact Statement Dior Building prepared for Christian Dior Australia</a>
The Surrey Hotel was architecturally impacted with the construction of the Culwulla Chambers.
The owners of the Surrey Hotel's refusal to sell their property for the development of the Culwulla Chambers, resulted in the unusual shape of the building. 
According to a 1912 Daily Telegraph report, the owners "regretted the ugly corner". 
By 1928, Tooth &amp; Co owned the Surrey Hotel, who commissioned the architectural firm, Prevost, Synnot &amp; Ruwald to remodel the hotel to its present façade. 
<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/2020/3/9/7_Dior%20Stunted%20Growth.jpg" alt="" width="338" height="374">
Source: <a href="https://cdn.online.cityofsydney.nsw.gov.au/dasearch/onexhibition/1464238-12041150.PDF" target="_blank">Curio Projects 2019, Heritage Impact Statement Dior Building prepared for Christian Dior Australia</a>
<div class="page" title="Page 29">
<div class="layoutArea">
<div class="column">
The State Heritage Register listing for the ‘Former Surrey Hotel including interiors’ has provided a Statement of Significance since 2012. It states: 
"Christian Dior, formerly the Surrey Hotel, is a four-storey building of Interwar Free Classical Style, located on a prominent corner block. The building has historic significance as an important building in the professional work of the noted architect Provost, for the lengthy tradition of hotel trade on this site since 1860's, and for its ability to reflect the development of King Street as a major city cross street. It has high aesthetic significance as a rare and outstanding example of a highly intact terracotta clad exterior with outstanding potential to continue in its restored state. It has social significance for its role as part of a network of purpose- built hotels which provided both a social and recreational venue, and budget accommodation in the city. It has high scientific significance for its early use of a terracotta clad exterior."
 
 
</div>
</div>
</div>
 
</body></html>

Dior lodges $9.9 million proposal for refurbishment in Sydney

<html><body>
Online home loans are offered by banks and lenders that do not have branch access or employ staff to meet with customers in person. 
More often than not, the trade-off is getting cheaper interest rates and paying lower ongoing fees. 
While most banks and lenders are governed by the Australian Prudential Regulation Authority (APRA), some online lenders are not governed by the APRA. 
Nonetheless, all online lenders must adhere to a set of guidelines by the Australian Securities and Investments Commission (ASIC) which means, though you won't have any in-person banking service, you will still have consumer protection rights which includes the right to make a complaint through the Australian Financial Complaints Authority (AFCA)
There are a growing number of online lenders in the Australian market, the main ones being <a href="https://www.clickloans.com.au/" target="_blank">Click Loans</a> (3.76 per cent comparison rate per annum), <a href="https://www.mebank.com.au/" target="_blank">ME Bank</a> (3.44 per cent), <a href="https://www.statecustodians.com.au/" target="_blank">State Custodians </a>(2.85 per cent)<a href="https://www.statecustodians.com.au/" target="_blank">,</a> <a href="https://www.ubank.com.au/home-loans" target="_blank">UBank</a> (2.84 per cent),<a href="https://tictoc.com.au/" target="_blank"> Tic:Toc</a> (2.8 per cent) <a href="https://australianmortgage.com/" target="_blank">Australian Mortage Marketplace (AMM)</a>, and <a href="https://www.loans.com.au/" target="_blank">loans.com.au</a> (2.8 per cent) to name a few. 
Like most home loans, online home loans require applicants to submit paperwork proving their eligibility for a loan. 
At <a href="https://www.mebank.com.au/home-loans/" target="_blank">ME Bank</a> for instance, the below are required:
1. Proof of Identity
<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/2020/3/9/5_IDENTITY.jpg" alt="">
 
Not being able to meet and greet you in person means that online lenders will need proof that who they're lending to is you. 
Applicants will need at least 100 points of ID upon application. 
ME Bank recommends, "A passport is a good start, plus a combination of your driver's licence, bank cards, Medicare card or birth certificate." 
2. Paperwork 
<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/2020/3/9/business-office-entrepreneur-professional.jpg" alt="" style="caret-color: #000000; color: #000000;">
Not everything online is more convenient, and the paperwork required for an online home loan is a prime example. 
ME Bank required its applicants to have: 
<ul>
<li>At least three consecutive payslips;</li>
<li>A copy of your latest PAYG Summary or Notice of Assessment from the ATO; </li>
<li>Any bank statements showing other income, like Centrelink payments;</li>
<li>Your accountant's details, if you're self-employed; and </li>
<li>Evidence you've saved for a deposit. </li>
</ul>
In addition, paperwork regarding your financial position is needed because being eligible for a home loan is not solely based on how much one earns. 
This set of paperwork is necessary in assuring lenders that you can afford to repay your loan. Therefore, ME Bank also requires:
<ul>
<li>Any other loans or debts you have, like car finance or personal loans; </li>
<li>Assets in your name; and</li>
<li>An estimate of your living expenses.</li>
</ul>
Most lenders will also require you to have a clean credit report prior to approving your finance, so a copy of your cred report will also be important. 
Last but not least, the final piece of paperwork is a statement from you about the security for your loan, which in laymen terms means the home you are applying a loan for. 
You will be required to supply details in writing of the property, and include the signed contract of sale.
If you're building, you'll need a council permit and your fixed-price builders contract. 
Like most of the prior procedures, this is to assure lenders of where the money is going, and whether it is a secure investment. 
3. A Solicitor or Conveyancer
<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/2020/3/9/5_LAWYERS.jpg" alt="">
Last but not least, towards the end of the application, you will be asked to provide details of your solicitor or conveyancer. 
ME Bank explains, "Having your legal professional lined up before you're ready to apply for a loan will speed up the paperwork."
ME Bank is an online bank founded in 1994, and is owned by a group of approximately 30 Industry Super Funds. 
Around 5,000 of Australia's 11,000 mortgage brokers are accredited with ME Bank, so it is crucial that you ask your mortgage broker if they offer ME's home loans. 
Online home loans also have a selection to choose from, so it is recommended that aspiring borrowers shop around to see which is most suitable. 
State Custodians for instance offer the below:
<ul>
<li>Low Rate Home Loan; </li>
<li>Investment Home Loan;</li>
<li>Fixed Rate Home Loan; </li>
<li>Interest Only Home Loan; and</li>
<li>Low Rate Line of Credit </li>
</ul>
</body></html>

What you need to know when getting an online home loan: ME Bank

<html><body>
Land values across the Hunter region have generally increased since 1 July 2018. 
The NSW Acting Deputy Valuer General, Paul Chudleigh, has recently published land values for the Hunter region.
The land values reflect the property market at 1 July 2019.
<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/2020/2/3/8_Hunter%20Region.jpg" alt="">
Hunter region local government areas include Cessnock, Dungog, Maitland, Muswellbrook, Singleton, and Upper Hunter.
<h2>General overview</h2>
The total land value for the Hunter region increased by 2.3 per cent between 1 July 2018 and 1 July 2019 from $23 billion to $23.6 billion.
The movement of residential land values across the region generally remained steady at one per cent. However, a slight increase (3.5 per cent) was experienced in the Upper Hunter local government area.
Overall, commercial land values in the region increased slightly by two per cent. Most land values remained steady, however Maitland local government area experienced an increase of 3.1 per cent attributed to increased demand for commercial services within Maitland’s local centers.
Industrial land values in the region increased moderately overall by 6.3 per cent. The strongest increases were experienced in Cessnock (9.9 per cent) and Maitland (9.7 per cent) where land values were impacted positively by the Hunter Expressway and improved access to Newcastle.
Rural land values experienced an overall increase of five per cent. The rural increases occurred despite ongoing drought conditions. Dungog local government area had the strongest overall increase at 7.6 per cent.
Mr Chudleigh said property sales are the most important factor considered by valuers when determining land values.
“It is important to note that land value is the value of the land only and does not include the value of a home or other structures.”
The 1 July land values have been prepared by private contract valuers with expertise in their local areas working on behalf of the Valuer General, to determine new land values across the region. Property NSW, part of the Department of Planning, Industry and Environment, has quality assured the land values for accuracy and consistency.
Mr Chudleigh said councils receive new land values for rating at least every three years. All councils have been issued with 1 July 2019 land values.
“Land values are one factor used by councils to calculate rates,” said Mr Chudleigh. “Changes in land value don’t always mean a change in council rates.
Each council develops a revenue policy to use when calculating rates to fund services for the community. Councils make their draft policy available for public comment.”
Landholders will receive a Notice of Valuation showing their land value before it is used by council for rating. This gives landholders time to consider their land value.
Revenue NSW will use the 1 July 19 land values to calculate land tax for the 2020 land tax year. Registered land tax clients will receive a land tax assessment from Revenue NSW from late January 2020.
</body></html>

Hunter land values increased since July 2018

<html><body>
The Block's Dan and Dani, who have appeared on the show for two years running, are teaming up with Tradiematepro.
They are also the founders of the Red Door Project with this latest project aiming to help builders and tradies improve processes and transparency. 
Dani said, “too many tradies who run their own business are still providing written quotes and invoices, don’t know their financials and cash-flow, or even how much time they are spending on the job."
“Those days are gone. If tradies want to thrive in this industry, they want to help educate homeowners that the cheapest quote isn't always the best – as many are still vulnerable to cowboy tradies whose costs blow out simply because they underquoted the job to get the job."
“Having systems in place will also help tradies to navigate unexpected hurdles – like the coronavirus, recent fires and floods, which have led to a 3-6 month delay in supply of joinery products, for example, and driving up the costs of some hardwood prices.”
Dan says they’re also encouraging business owners to look at workplace culture, creating incentive programs and really focusing on client needs and communication. 
Dan and Dani will be available for coaching at <a href="https://www.tradiematepro.com.au/" target="_blank" data-auth="NotApplicable">Tradiematepro</a>.
 
</body></html>

The Block's Dan and Dani teaming up with Tradiematepro

<html><body>
GUEST OBSERVATION
Recent disastrous <a href="https://theconversation.com/au/topics/bushfires-1377">bushfires</a> have rebooted debate about how to (re)build in the Australian bush. Questions are being asked about <a href="https://theconversation.com/australian-building-codes-dont-expect-houses-to-be-fire-proof-and-thats-by-design-129540">building standards</a>, <a href="https://theconversation.com/building-standards-give-us-false-hope-theres-no-such-thing-as-a-fireproof-house-130165">whether a fire-proof home is possible</a>, the <a href="https://www.smh.com.au/national/government-approved-bushfire-bunkers-could-help-protect-homes-lives-20200101-p53o0m">value of fire bunkers</a> when it’s too late to leave, and <a href="https://theconversation.com/before-we-rush-to-rebuild-after-fires-we-need-to-think-about-where-and-how-130049">if we should even live in the bush</a> any more.
I suggest homes and community buildings in bushfire-prone areas can be made much more fire-resistant, perhaps even fire-proof, by adopting earth-covered, off-grid structures – known as <a href="https://www.earthshipecohomes.com.au/about">Earthships</a> – as the new standard.
Built for survival
Houses sheltered by earth have a higher chance of survival in a bushfire. This is because <a href="https://inhabitat.com/this-earth-sheltered-australian-hobbit-home-stay-cozy-all-year/">earth-based constructions are non-flammable</a> (while topsoil can burn and smoulder, clayey, sandy and gravelly soil does not).
A typical Earthship design has double-glazed windows to the north to let in winter sun, while mounds of earth, pushed up to roof level, protect the south, east and west walls. Taking this a step further, an earth-covered house includes a layer of earth over the roof.
The north-facing double-glazed windows (an essential element of <a href="https://sustainability.williams.edu/green-building-basics/passive-solar-design">passive solar design</a>) is the only part of the building that needs some other protection.
<a href="https://hia.com.au/business-information/standards-regulations/building-in-bushfire-prone-areas">Bushfire building codes and standards</a> already demand that windows have extra-thick, toughened glass to resist burning debris and intense heat. Double glazing (two layers of glass separated by a small air gap) offers extra protection. In very high-risk areas, bushfire shutters are a requirement.
Although not demanded by building codes, automated sprinklers could be used to spray water on the windows. But automated systems are problematic during a bushfire when <a href="https://www.bnhcrc.com.au/news/2019/ten-years-black-saturday-what-have-we-discovered">power and water supplies are likely to fail</a>.
Independent water supplies (big water tanks) and pumps (usually petrol or diesel) are often a condition of approval for new homes in fire-prone areas. However, these are difficult to automate because of choke, throttle, ignition and refuelling issues.
Examples around Australia
Enter the Earthship. Invented by American architect <a href="https://en.wikipedia.org/wiki/Mike_Reynolds_(architect)">Michael Reynolds</a>, thousands have been built all over the world, often by owner-builders.
I built Australia’s first council-approved Earthship – Earthship Ironbank - in the bushfire-prone Adelaide hills. Australian examples can be found in all states, including at <a href="http://www.earthshipironbank.com.au/">Ironbank</a> in South Australia, <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2017-10-30/kinglake-black-saturday-survivor-builds-earthship/9091972">Kinglake</a> in Victoria, <a href="https://www.earthshipecohomes.com.au/east-augusta-wa">East Augusta</a> and <a href="https://www.earthshipecohomes.com.au/jurien-bay-wa">Jurien Bay</a> in Western Australia, and <a href="https://www.earthshipecohomes.com.au/suburban-earthship">Narara</a> and <a href="https://www.realestate.com.au/news/it-geek-building-dream-home-out-of-old-tyres-bottles-and-cans/">Marulan</a> in New South Wales.
Earthships have an electric pump powered by solar panels and a battery for day-to-day water supply – and to fight fires. Sprinklers can then spray water on any vulnerable areas regardless of grid failures and without needing to deal with the flammable fuel that petrol and diesel pumps require.
The standard Earthship design has another feature that could save lives. Underground pipes called earth-tubes or cooling tubes bring fresh air into the building at a nice temperature (better than outside) due to the heat-exchanging effect of the earth around the pipes. When wet fabric is placed over the end of the pipes, these can filter out bushfire smoke.
Earth-covered homes are very air-tight, which combined with the earth-tubes helps keep out smoke and reduce <a href="https://www.bushfirecrc.com/sites/default/files/managed/resource/katherine-haynes.pdf">asphyxiation risks</a>.
Another defence mechanism is the “greenhouse”, a sunroom and corridor space on the sunny north side used for passive heating and cooling, treating wastewater and growing food. Yet another layer of double glazing isolates the greenhouse from the living spaces behind it. Adding indoor sprinklers (commonplace in commercial buildings) to the greenhouse could create a “wet buffer zone” and stop embers blowing into living areas where flammable furnishings are a hazard.
An iconic Earthship feature is the tyres used to form the exterior earth walls. While empty tyres are highly flammable, in this design they are not. The tyres are filled with compacted earth and protected by a layer of earth many metres thick (inside walls are rendered). There is already <a href="https://pangeabuilders.com/earthship-buildings-are-fire-resistant-not-a-total-loss/">evidence of their fire-resistant nature</a>.
Safer for the planet too
My PhD research focused on the energy efficiency and environmental footprint of the Earthship, comparing it to other construction systems and designs.
Earth is a low-cost, readily available material. It takes very little energy to dig it up, needs no processing and minimal (if any) transport. It is difficult to think of a more sustainable, inexpensive and non-flammable material.
I found off-grid homes minimise their eco-footprint by kicking three very dirty habits: the power, water and sewage grids. “Earthy” construction methods, such as Earthship, rammed earth, mudbrick and strawbale, also have much lower environmental impacts.
Earth-covered buildings are <a href="https://www.intechopen.com/books/energy-conservation/earth-shelters-a-review-of-energy-conservation-properties-in-earth-sheltered-housing">renowned for their energy efficiency</a>. Earth insulates and has “thermal mass”, an architectural term for dense materials (e.g. concrete, brick, rammed earth, water). Thermal mass evens out temperature changes by absorbing heat when it is too hot inside and releasing heat when it is too cold inside. This means minimal heating and cooling bills.
There are a few “tricks” to getting council approval. Hire an experienced structural engineer and use a private certifier or surveyor for building rules consent as they are better equipped to certify compliance with the <a href="https://ncc.abcb.gov.au/ncc-online/About">National Construction Code</a>. The one aspect of the Earthship I couldn’t get approved was an <a href="http://www.earthshipironbank.com.au/">indoor greywater garden and toilet-flushing system</a>.
Parts of the roof are earth-covered with fire-fighting sprinklers on the roof and windows. If I was building again I’d prioritise bushfire resilience by making it fully earth-covered with fire shutters, sprinklers and a safe room.
Further study is needed to scientifically validate my proposal here. However, we already have some evidence that Earthships, with a few minor design changes, might be the most sustainable, liveable, economical, fire-resistant buildings ever conceived of.<img src="https://counter.theconversation.com/content/131291/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/martin-freney-953199">Martin Freney</a>, Lecturer in Industrial and Sustainable Design, <a href="https://theconversation.com/institutions/university-of-south-australia-1180">University of South Australia</a>
This article is republished from <a href="http://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/how-earthships-could-make-rebuilding-safer-in-bushfire-zones-131291">original article</a>.
</body></html>

What are Earthships and how can they help with bushfire rebuilding?

<html><body>
GUEST OBSERVATION
Australia has just experienced a summer of environmental extremes. Water has played a key role. This includes prolonged drought, <a href="https://theconversation.com/weather-bureau-says-hottest-driest-year-on-record-led-to-extreme-bushfire-season-129447" target="_blank">dry soil and bushland contributing to bushfires</a>, and widespread shortages of water for agriculture and drinking supplies. Thankfully, <a href="https://www.theguardian.com/australia-news/2020/jan/21/australia-fires-has-the-rain-put-out-the-bushfires-and-could-they-flare-again" target="_blank">rain extinguished many bushfires</a> that had burned for weeks and months.
The late summer heavy rain fell in some, but not all, regions. Australia’s capital city water supplies have had different fortunes this summer. The Bureau of Meteorology “<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/state" target="_blank">water dashboard</a>” provides daily data.
Cities where storages are low
Five capital city water supplies dropped over summer by between 2.2% and 11.4% of their storage capacity.
<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Hobart" target="_blank">Hobart</a> has proportionally dropped the most, by 11.4 percentage points, to 59.8%. This reflects relatively small storages and the city’s dry summer with only 65mm of rain. That’s less than half the historic average.
The <a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Adelaide" target="_blank">Adelaide</a> storages fell by 8.4 points to 43.5%. Adelaide had a typical dry summer with 66mm. That’s close to the historic average, as the city has a Mediterranean climate with hot and dry summers.
Adelaide’s water storages provided only 10% of the city’s water supply in 2018-19, with <a href="https://www.sawater.com.au/community-and-environment/our-water-and-sewerage-systems/water-sources">83% drawn from the Murray River</a>. The Commonwealth is providing nearly <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2019-11-07/drought-stimulus-sa-desalination-plant-murray-river-water-farms/11679136">A$100 million</a> for Adelaide’s desalination plant. This aims to allow upstream irrigators to grow fodder with the river water that was destined for Adelaide.
 
Perth has had another dry summer. Its catchment rivers have supplied only 44.1 gigalitres (GL) of water since April 2019. This is much lower than the <a href="https://www.watercorporation.com.au/water-supply/rainfall-and-dams/streamflow">long-term pre-1975 average of 413GL</a> over the same time period.
Perth water storages <a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Perth">fell by 5.7 percentage points this summer to 39.5%</a>, the lowest of all capital city supplies.
<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Canberra">Canberra</a> lost 4.6% of its water supply. The end-of-summer level of 46.5% continues a rapid decline from 100% in October 2016.
Despite the falling reserves, Canberra’s Icon Water has not imposed water restrictions. It <a href="https://www.iconwater.com.au/My-Home/Saving-Water/why-isnt-canberra-in-water-restrictions.aspx">advises</a> that the Cotter Dam was enlarged in 2013. Icon Water can also draw “top-up” water from the Murrumbidgee River.
<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Melbourne">Melbourne’s</a> supplies fell 2.2 percentage points to 61.6%.
Cities where storages rose
Three capital cities recorded water storage increases this summer.
<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Darwin">Darwin’s</a> supply was close to full as recently as April 2018. Since then it has been on a downward trend. A modest 6.4% gain over this summer’s wet season took it to 60.3%.
Darwin appears to be having its second poor wet season in a row. The city had 675mm of rain (Darwin Airport) this summer. That’s about 67% of its historic summer average of just over 1,000mm.
<a href="https://www.powerwater.com.au/about/what-we-do/water-supply/darwin-water-supply">Options canvassed for increasing Darwin water supply</a> include using Manton Dam, which was built in the 1940s but is now used for recreation.
<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Brisbane">Brisbane’s</a> southeast Queensland storages increased by 8.6 percentage points to 69.6%.
<a href="http://www.bom.gov.au/water/dashboards/#/water-storages/summary/urban?location=Sydney">Sydney’s</a> storages increased the most, by 35.7 points to 81.4%.
Sydney was distressed by its dwindling water supplies as summer approached. Storages were at 45.7% at the start of December. <a href="https://www.nsw.gov.au/news-and-events/news/level-2-water-restrictions-to-start-across-sydney/">Level 2 water restrictions were imposed</a> from December 10.
These were the toughest summer water restrictions for an Australian capital city. All use of hoses for gardens and washing cars was banned. Many Sydneysiders struggled to keep their gardens alive, lugging around buckets and watering cans. A catchcry across Sydney was “<a href="https://www.theguardian.com/lifeandstyle/2019/nov/24/let-your-lawn-die-five-ways-to-care-for-a-garden-in-a-drought">let your lawn die</a>”.
On February 6 2020, heavy rains started falling in coastal southeastern Australia, including Sydney and its water catchments.
The automatic weather station at Mount Boyce, near Blackheath on the edge of the Warragamba Dam catchment, recorded <a href="http://www.bom.gov.au/climate/dwo/202002/html/IDCJDW2087.202002.shtml">415mm in four days</a>. From February 6-27 Sydney’s water storages nearly doubled, from 41.7% to nearly 82%. This added more than 1 million megalitres (ML), equivalent to more than 1.5 years’ demand.
On February 6, parched catchments were adding 10ML a day to Warragamba Dam. A week later the catchment rivers had risen and many were in minor flood, adding <a href="/news">65,000ML a day</a> on February 13.
At the end of summer Sydney Water <a href="https://www.sydneywater.com.au/SW/water-the-environment/what-we-re-doing/water-restrictions/index.htm">announced</a> it was dropping level 2 restrictions.
Some parts missed out
The February rains were patchy, however. Many water-stressed parts of New South Wales were not so lucky.
Orange in the state’s Central West remained on <a href="https://www.orange.nsw.gov.au/water/">level 5 water restrictions</a> all summer. Orange Council pleaded with residents to curb water use to less than 160 litres per person per day. Residents responded by using even less, averaging <a href="https://www.orange.nsw.gov.au/water/oranges-water-supply/">126 litres a day</a> in February.
Nearby Bathurst declared <a href="https://www.bathurst.nsw.gov.au/396-environment/energy-sustainability/waterrestrictions">“extreme” water restrictions</a> from February 24. Its main storage, Chifley Dam, is just under 30% and also had a blue-green algae alert.
Chaffey Dam provides drinking water to the Tamworth area and sits at <a href="https://www.keywater.com.au/dam-storage-levels/">just 14.3%</a>. Over summer it received over 800ML but has to balance this inflow with environmental releases. Tamworth remains on <a href="https://yourvoice.tamworth.nsw.gov.au/town-water-supplies/water-restrictions">level 5 restrictions</a>. If Chaffey Dam drops below 10% a daily <a href="https://www.northerndailyleader.com.au/story/6583543/100-litre-target-to-be-set-if-chaffey-falls-to-10-per-cent/">target of 100 litres per person looms</a>.
A cause for concern is that many large NSW irrigation dams across the Murray-Darling River system remain very low for the start of autumn. For example, Burrendong Dam near Dubbo was at <a href="https://realtimedata.waternsw.com.au/">4.5% at the end of summer</a>. This dam supplies water to the city via the Macquarie River.
The Macquarie River also supplies other settlements, irrigators and industry, such as the mines at Cobar.
Flooding rains in inland Queensland are returning healthy flows to dry inland rivers such as the Barwon and the Darling. On February 25, Bourke Shire Council <a href="https://bourke.nsw.gov.au/wp-content/uploads/2020/02/mr200225.pdf">announced</a> happy news that “strong flows in the Darling River” allowed the lifting of water restrictions. Bourke residents had endured water restrictions for more than 550 days.<img src="https://counter.theconversation.com/content/132669/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/ian-wright-5162">Ian Wright</a>, Senior Lecturer in Environmental Science, <a href="https://theconversation.com/institutions/western-sydney-university-1092">Western Sydney University</a> and <a href="https://theconversation.com/profiles/jason-reynolds-398576">Jason Reynolds</a>, Senior Lecturer in Geochemistry, <a href="https://theconversation.com/institutions/western-sydney-university-1092">Western Sydney University</a>
This article is republished from <a href="http://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/a-city-by-city-guide-to-how-water-supplies-fared-in-australias-summer-of-extremes-132669">original article</a>.
</body></html>

How water supplies fared in Australia’s summer of extremes

<html><body>
For the first time in 50 years, a historic beachside residence in Bronte sold.
Phillips Pantzer Donnelley estate agents Alexander Phillips and David Tyrrell managed the sale.
The four-bedroom, two-bathroom <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-132901366" target="_blank">Bronte Road residence</a> is one of only ten properties that backs onto Bronte Park.
The strata-titled duplex sold for around $5 million according to Mr Phillips.
The 308 sqm block was previously divided into two private strata-titled homes, with 114 sqm internally in each duplex. 
The 1940s Art Deco duplex features high ceilings, original fireplace, private entries, open plan dining, a traditional verandah, north-facing gardens, and a basement laundry. 
According to Domain, 22 other four-bedroom houses in the area were recently sold. 
A similar house in the area on St Thomas Street recently sold for $4.1 million in January. 
</body></html>

Historic beachside Bronte strata-titled duplex sold 

<html><body>
A luxury Paradise Point oceanfront home sold for $6,750,000 on January 26, 2020. 
The three-storey <a href="https://www.realestate.com.au/sold/property-house-qld-paradise+point-132675586" target="_blank">Ephraim Island Access home</a> was listed through Amir Prestige estate agent Alister Billingsley. 
The four-bedroom, five-bathroom house features lift access to all three floors, four ensuite rooms with either water or park views, established gardens, a manicured lawn and water features.
The kitchen on the ground level is complete with Miele appliances including a steamer, coffee machine and gas cooktop.
The open plan living and dining area transitions out through bi-fold stacker doors to the alfresco dinning area that overlooks the in-ground pool.
The 965 sqm home also has a large or third living area, a timber staircase, and a gas fireplace. 
According to Domain, 39 other four-bedroom houses in Paradise Point have recently been sold. 
</body></html>

Oceanfront Paradise Point trophy home sold

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

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

Joel Robinson

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

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

Sherpa sells out Flourish Oasis in booming Palm Beach

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

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

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

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

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

Staff reporter

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News