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Ballina 234, a new house-and-land package at Point Cook, Victoria is set to go under the auctioneer's gavel July 6.
Proceeds raised from the no-reserve auction will be donated to the Maddie Riewoldt’s Vision charity for the fight against bone marrow failure syndrome.
Designed by Fairhaven Homes, the single storey house at <a href="https://www.realestate.com.au/property-house-vic-point+cook-131150374" target="_blank">12 Joyce Street, Point Cook </a>comprises four bedrooms, rumpus, large open-plan living/meals/kitchen area, covered alfresco area and fully landscaped garden. 
Other features of Ballina 234 include kids’ wing with study nook, designer lighting, driveway and fencing.
The home will come complete with $50,000 worth of furniture and a 12 month Foxtel Platinum Package.
The lucky bidder will also receive a new Mercedes Benz to park in their new double garage.
<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/2019/6/27/point%20cook%202.jpg" alt="">
Situated on a 425 sqm block within Satterley’s Upper Point Cook Estate, Ballina 234 is just a few steps from Upper Point Cook estate’s recently opened $2.4 million 1 hectare park.
The 1800-lot residential estate won the Best Residential Community Over 250 Lots in the 2018 Urban Development Institute of Australia awards. 
<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/2019/6/27/point%20cook%203.jpg" alt="">
Surrounded by walking and cycling paths, the development features 14ha of open space, parks and playgrounds and brand-new childcare centre. 
A free family fun day is planned for the July 6 auction with attractions include a footy clinic, the chance to meet AFL stars, food trucks and a performance by singer Harrison Craig, the 2013 winner of The Voice Australia.
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j.ballantyne1990-6AQqhLzZaK

Brand new Point Cook home set to auction for charity

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EXPERT OBSERVATION
Aussie wealth remains elevated, but has eased back from record highs due to falling home prices.
But in a positive development, total household wealth (net worth) stabilised in the March quarter after the biggest fall in a decade in the December quarter. The Aussie sharemarket is acting as a wealth ‘buffer’ against the property downturn. In the March quarter, the S&amp;P/ASX200 index rose by 9.5 per cent – the strongest gain in 9½ years.
Foreigners have increased their allocation to Aussie listed shares this year. Foreign ownership of Aussie shares was hovering near 4-year highs at 31.3 per cent in the March quarter, up from 30.9 per cent in the December quarter.
The weaker value of the Aussie dollar against the greenback, a desire for iron ore exposure, attractive dividend yields, solid payout ratios and likely further interest rate cuts have boosted demand for Aussie shares. And the local sharemarket’s relatively defensive composition when compared to its China supply-chain exposed peers in Asia have made the ASX200 an attractive proposition as the global ‘chase for yield’ re-intensifies.
Looking ahead, Aussie per capita wealth is expected to consolidate around $400,000 after significant gains over the past five years, should home valuations continue to moderate. But property prices appear to have flattened in Sydney and Melbourne in June amid tentative signs of stabilisation.
And it remains to be seen whether the ASX200 index, up almost 18 per cent so far this year, can continue its blockbuster run towards record highs, especially with the company ‘confession season’ and earnings reporting season ahead in August.
Aussie share valuations look a little stretched with the Best Price/Earnings ratio straddling 3-year highs at over 17 times earnings.
And earnings per share growth is modest outside of the resources sector, but continued monetary and fiscal stimulus will continue to act as a support. Business confidence and investment is also expected to lift given greater policy certainty following the election. But trading conditions remain challenging given slowing domestic demand and US-China trade tensions.
Click <a href="https://www.propertyobserver.com.au/images/2019/6/27/Commsec%20shares.JPG" target="_blank">here</a> to enlarge.
<img src="https://www.urban.com.au/images/2019/6/27/Commsec%20shares.JPG" alt="">
What do the figures show?
Financial Accounts:
Total household wealth (net worth) rose by 0.2 per cent to $10,242.6 billion in the March quarter after falling by 2.1 per cent to $10,225.9 billion in the December quarter. The record-high figure for household wealth was $10,422.3 billion in the September quarter of 2018. Over the year to March, net worth fell by 0.7 per cent.
In per capita terms, wealth fell by $1,512 in the March quarter to $404,556 following a record $9,993 decline in the December quarter – the third consecutive quarterly decline.
The Bureau of Statistics noted: “The increase in household wealth in the March quarter was driven by real (inflation adjusted) holding gains on financial assets, offset by holding losses on residential real estate.”
The percentage point contributions to the change in household wealth in the December quarter, include:
Land and dwellings detracted 1.5 percentage points;
Financial assets contributed 1.8 percentage points;
Financial liabilities detracted 0.2 percentage points.
Households held a record $1,160.7 billion in cash and deposits at the end of March. Cash and deposit holdings represented 21.5 per cent of financial assets, down from 22.1 per cent in the December quarter and below the 21.8 per cent average since the global financial crisis and long-run average of 21.7 per cent.
Households held $1,015.7 billion in shares or 18.8 per cent of all financial assets in the March quarter, down from 18.9 per cent in the December quarter, but below the 19.3 per cent average since the global financial crisis and the long-run average of 22.6 per cent.
Pension fund (superannuation fund) assets rose by $119.9 billion to a record-high $2,320 billion in the March quarter. Cash and deposits stood at 10.6 per cent of financial assets, below the 12.9 per cent average since the global financial crisis, but above the long-term average of 9.4 per cent.
Foreigners held $604.8 billion of Aussie listed sharesin the March quarter, up from $548.1 billion in December, but below the record-high of $612.9 billion in the September quarter. Foreigners held 31.3 per cent of total listed shares – near 4-year highs - but slightly below the 31.6 per cent average since the global financial crisis and long-term average of 32.8 per cent.
What are the implications for interest rates and investors?
As evidenced by today’s wealth report, the Reserve Bank will be hoping that Aussie shares and bonds will continue to do the ‘heavy lifting’, shielding households from the downside risks associated with the property downturn, slow wages growth and the potential loss of momentum in the jobs market.  
Aussie bonds have been a strong performer over the year to May 31, up by 9 per cent (Bloomberg Australian Composite Bond Index 0+ Years), as government bond yields have fallen to record lows. Australia’s AAA sovereign credit rating and solid fiscal position has made sovereign bonds an attractive destination for risk averse investors.
But Aussie shares have been a star global outperformer, with the S&amp;P/ASX300 Accumulation Index up 10.9 per cent, ahead of global shares at 8.9 per cent (MSCI World Net Index) over the year to May 31 - an attractive proposition for foreigners seeking yield in a low growth, interest rate and inflation environment.
CommSec expects another rate cut in the next few months due to spare capacity in the labour market and economy.
RYAN FELSMAN is a Senior Economist at CommSec
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Foreign holdings of Aussie shares hits 4-year high: CommSec's Ryan Felsman

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The Melbourne suburb of Bentleigh East is once again host to the highest volume of auctions this weekend, with 11 homes set to go under the hammer, according to CoreLogic.
Next busiest are Northcote and Reservoir, also in Victoria, with 10 auctions scheduled each.
This week, the number of auctions scheduled to take place across the combined capital cities is expected to fall, with 1,201 currently being tracked by CoreLogic, down from the 1,484 auctions held last week at final results.
Both Melbourne and Sydney are expected to see a decrease in activity this week, with 497  homes scheduled for auction across Melbourne, while Sydney is set to host 469 auctions, decreasing on the 635 and 558 auctions held last week respectively.
The smaller auction markets will also see a lower volume of homes auctioned week on week with the exception of Brisbane and Perth where auction volumes are relatively steady.
<img src="https://www.urban.com.au/images/2019/6/27/Bentleigh%20East%20June%204.JPG" alt="">
The busy auction weekend in Bentleigh East, sees <a href="https://www.realestate.com.au/property-house-vic-bentleigh+east-131323446" target="_blank">71 Bignell Road</a> (pictured in title) offered.
The property going under the hammer is a four bedroom, two bathroom house.
It comes with an indicative price guide of $1,150,000-$1,190,000.
<img src="https://www.urban.com.au/images/2019/6/27/Bentleigh%20East%20June%202.JPG" alt="">
Another example of the breadth of auctions taking place in Bentleigh East is 4A Tambet Street (pictured above).
The property going under the hammer is a four bedroom, three bathroom townhouse.
It comes with an indicative price guide of $1,120,000-$1,170,000.
 <img src="https://www.urban.com.au/images/2019/6/27/Bentleigh%20East%20June%203.JPG" alt="">
A third property going to auction in Bentleigh East this week is <a href="https://www.realestate.com.au/property-unit-vic-bentleigh+east-131357494" target="_blank">2/3 Montclair Court</a> (pictured above).
The property going under the hammer is a three bedroom, one bathroom villa. 
It comes with an indicative price guide of $620,000 - $670,000.
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Bentleigh East again the busiest weekend property auction hotspot

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A 1960s architecturally designed home in Campbell, ACT has been sold at $1.41 million.
It was offered to the market for the first time by Louise Harget and Dan McAlpine from Belle Property Kingston. 
Positioned on a 956 square metre block, the split-level house at 64 Gellibrand Street comprises four bedrooms, two bathrooms, a sunken lounge, a retro kitchen and a sun room with a gas fireplace.
<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/2019/6/4/campbell%202.jpg" alt="">
There is a self-contained garden apartment on the lower level.
The original features of the house include Cedar doors with mottled glass, timber panelling, hand crafted cabinetry and high ceilings.
<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/2019/6/4/campbell%203.jpg" alt="">
Other highlights include old established gardens, hardwood flooring and private elevated terrace at the back of the home. 
It is close to the City Centre, Russell Offices, Canberra Airport, local shops and both Campbell Primary and High Schools. 
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1960s Campbell, ACT house sold for $1.41 million

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A substantial architecturally designed home on 5 acres at Bordertown, South Australia has been listed for sale with $1.75 million hopes. 
Set in a rural area, the environmentally designed home at<a href="https://www.realestate.com.au/property-house-sa-bordertown-131177766" target="_blank"> 721 Cannawigara Road</a> was built to achieve best environmental performance and efficiency five years ago. 
<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/2019/6/25/bordertown%202.jpg" alt="">
The 726 square metre homestead features double-gazed windows, underfloor heating/cooling system, solar assembly on the rooftop, and functional rendered foam brick walling.
It comprises five bedrooms, commodious living, dining and entertaining areas, media room, separate family room and kitchen with built-in ovens.
The home with district views also comes with heated swimming pool with adjoining games room, enclosed alfresco area, indoor barbecue and full sized tennis court.
<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/2019/6/25/bordertown%203.jpg" alt="">
There is a double car garage, with bonus attic storage and a four bay shed for farm and garden machines or secure storage.
Malcolm Hautop and Tanya Venables of SAL Real Estate Bordertown have the listing. 
Bordertown, with a population of around 3,000 people, is located about 280 kilometres east of Adelaide.
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Environmentally friendly, architecturally designed home at Bordertown, SA listed 

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EXPERT OBSERVATION 
Australia’s record economic expansion has almost completed its 28th year. Interest rates have fallen to fresh record lows; wages are growing near 2.5%; underlying inflation is around 1.5%; the jobless rate is 5.2%.
Total returns on Australian shares (All Ordinaries Accumulation index) have lifted by 11.4% over 2018/19 (20-year average +9.5%) to a smidgen below record highs.
What does it all mean?
The 2018/19 financial year is almost complete and it is an opportune time to see how investments, financial markets and economies have performed over the past year.
Overall, the global economy has slowed over the past year, largely restrained by the US-China trade conflict. Central banks are now favouring rate cuts over rate hikes largely because inflation remains low.
The US economy generally remains in good shape. But Chinese authorities have been stimulating their economy in response to the slowdown caused by the trade dispute with the US.
The Australian economy is currently growing at a 1.8% annual pace – the slowest pace in 9.5 years. Just like other major economies, growth slowed over the year. Uncertainty over the Federal Election result also slowed activity ahead of the May 18 poll. Activity is expected to lift with election uncertainty resolved.
The Reserve Bank has re-assessed policy settings in response to stubbornly low inflation. The Reserve Bank now believes that unemployment can fall to 4.5% before igniting inflationary pressures.
As a result the Reserve Bank cut the cash rate by 25 basis points in June to 1.25% and has flagged another rate cut in coming months.
Inflation is expected to edge higher to around 2% in 2018/19 with unemployment 4.50-5.00%. But much will depend on the global trade environment.
<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/2019/6/25/commsec%201.jpg" alt="">
Returns on shares have lifted by just over 11% in 2018/19 and growth of 7-11% is expected in 2018/19.
The Australian dollar should support the record economic expansion, largely holding in the late 60s/early 70-cent range against the greenback.
<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/2019/6/25/commsec%202.jpg" alt=""> 
What does the data show?
<ul>
<li>Interest rates</li>
</ul>
The cash rate was reduced from 1.50% to 1.25% in June. It was the first rate change since August 2016.
The market-determined 90-day bank bill rate has held between 1.21% and 2.10% over 2018/19 and is ending the year near record lows.
Yields on the long bond – 10-year government bonds – have held in a range of between 1.29% and 2.79% and yields are ending the year near record lows.
<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/2019/6/25/commsec%203%20.jpg" alt="">
<ul>
<li>Currencies</li>
</ul>
The Aussie dollar has fallen around 6% over 2018/19. The Aussie started the year around US74 cents and is ending the year near US69 cents.
We have calculated that the Aussie is ranked 103rd strongest against the US dollar of 120 currencies tracked.
The currencies of Thailand, Egypt, Uganda, Mexico, Philippines and Japan all have lifted around 3-7%.
The weakest currencies have been in the emerging economies of Venezuela, Argentina and Haiti. Only 24 currencies have lifted against the greenback over the year.
<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/2019/6/25/commsec%204.jpg" alt="">
In the first six months of 2019, the Aussie dollar has fallen by around 2% against the US dollar, making it the 97th strongest of 120 currencies tracked.
The currencies of Russia, Egypt, Thailand, Central Africa and Canada have lifted around 3-10%.
The weakest currencies have been the emerging economies of Haiti, Argentina, Turkey, Pakistan and Ghana. Only 42 currencies lifted against the greenback over the year.
The Aussie has gradually trended lower for around two years. Over most of the period US policy interest rates were rising while the Aussie cash rate was left unchanged.
The Aussie fell from around US80 cents to US68 cents (if the January 2019 ‘flash crash’ to US67.43 cents is ignored).
<ul>
<li>Commodities</li>
</ul>
Commodity prices eased over the second half of 2018 in line with slower global growth but recovered some lost ground in 2019.
The Commodity Research Bureau futures index has fallen by 11% over the year, but the CommSec daily index is up 3%.
The difference between the two indexes is basically iron ore, with its price up 81% over 2018/19 while gold and coking coal gained 12%.
Base metal prices fell 10-20%; oil is down 23% while spot natural gas has slid 58% and thermal coal fell 37%.
<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/2019/6/25/commsec%205.jpg" alt="">
Sharemarket
The Australian sharemarket started 2018/19 with the All Ordinaries at 6,289.7 and the ASX200 at 6,194.6.
The All Ords currently stands at 6,734.3 points (up 7.1%) with the ASX200 is at 6,650.8 (up 7.4%). We estimate that Australia is 19th of 72 global bourses.
So far 35 bourses have recorded gains in 2018/19. The best performer has been hyperinflation-affected Zimbabwe but Argentina and Brazil have lifted more than 40%. The US Dow Jones has lifted by around 10%.
<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/2019/6/25/commsec%206.jpg" alt="">
The worst performers have been West Africa, Nigeria, Kenya, Ghana, Lebanon and Pakistan and Egypt. The Irish sharemarket has fallen 12%.
In the first six months of 2019, the All Ordinaries has risen by 18%, ranking Australia 8th of 73 nations. Greece, Argentina, Russia and China have been amongst the top performers (up around 20-37%) while Lebanon, Sri Lanka and Oman are amongst countries recording the biggest declines.
<ul>
<li>Investment returns</li>
</ul>
Total returns on Australian shares (All Ordinaries Accumulation index) have so far lifted by 11.4% over 2018/19, hitting record highs in recent days.
Returns on dwellings have declined by 3.6% to date in 2018/19 while returns on government bonds have lifted by 10.4%.
<ul>
<li>Sectors &amp; size groupings</li>
</ul>
Of the 22 identified industry sub-sectors, only eight have recorded declines in 2018/19.
Leading the gains have been Consumer durables &amp; apparel and Telecom (both up by near 41%) followed by Commercial services (up 21%) with Software &amp; services and Transportation (up 20%).
At the other end of the scale, Household &amp; personal products has fallen by over 36%, followed by Autos &amp; components (down 21%) and Energy and Capital goods (both down 8%).
Of the size categories, the ASX50 has outperformed (up over 9%) from the ASX100 (up 8%) and the Small Ordinaries and MidCap50 (up 1%).
What are the implications for investors?
Returns on shares are near record highs. In fact sharemarket returns have only fallen once in the past 10 years. So an investor that has employed a diversified strategy across asset classes would be well pleased with the performance over recent years.
The outlook for the sharemarket remains positive. The Federal Election is in the background for another three years. And the Reserve Bank has adopted a stimulatory monetary policy.
The Reserve Bank now believes that the economy can operate at a faster pace, thus generating greater job growth with the hope of driving the jobless rate to 4.5%.
The cash rate was cut by a quarter percent in June and a similar decline is expected in the next few months.
But the Reserve Bank doesn’t believe it can do it all alone – it is calling on greater fiscal stimulus.
Certainly Federal and State governments are being active in advancing new infrastructure projects. And with budgets broadly balanced or in modest surplus, there is scope for even more fiscal stimulus to be applied.
Over the coming year, infrastructure building and net exports will add to economic growth.
The Reserve Bank hopes that the stimulatory policy settings will lead to stronger household spending as well. Weaker home building will be the main factor weighing on growth.
Last year we noted: “Over the coming year CommSec expects the All Ordinaries index to be near 6,400-6,600 points in December 2018 and 6,600-6,800 points in June 2019”. The December forecast proved too ambitious but the June forecast looks to be safely achieved.
Over the coming year CommSec expects the All Ordinaries index to be near 6,800-7,000 points in December 2019 and 7,100-7,300 points in June 2020.
Housing markets across the nation are continuing to rebalance to reflect the increase in supply (new home construction).
Lower home prices and rate cuts will ensure that first home buyers remain active.
Investors are also expected to return although sharemarkets are expected to remain more attractive in the short run.
Over 2019/20, national home prices may post small gains between 0-4%. Since the Federal Election there have been signs of stabilisation of Sydney and Melbourne home prices.
The low inflation/low interest rate environment is entrenched, meaning that lower nominal investment returns are also here to stay. So investors will need to remain flexible and alert to the returns achieved across sharemarket sectors and across asset classes to ensure that their savings are keeping pace with the cost of living.
The ‘triple L’ theme (low unemployment, low inflation, low interest rates) will also dominate global markets over the coming year.
In fact the US Federal Reserve is already contemplating rate cuts despite delivering the last rate hike just over six months ago.
The Aussie dollar is expected to largely trade in the late 60s/early 70s against the US dollar over most of the coming year. But interest rate differentials between the US and Australia and the US-China trade discussions are the two factors that could move the Aussie out of the tight range.
At the time of writing, financial markets were waiting on the next instalment of US-China trade talks.
Successful completion of the talks should lead to a major upgrade in prospects for the global economy.
If agreement remains elusive, expect stimulatory monetary policies to remain in place in China as well as advanced global economies.
Craig James is Chief Economist at CommSec. 
Ryan Felsman is Senior Economist at CommSec.
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Economic growth slows with more stimulus on the way: CommSec's year in review 

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Management consultant Chris Livitsanis has sold his Portsea home, without water views, for almost $6 million.

<a href="https://www.realestate.com.au/property/28-wildcoast-rd-portsea-vic-3944" target="_blank">The architect-designed home</a> was built after he bought the vacant building block in 2015 for $900,000.

It is understood to have sold to pharmaceutical and medical cannabis consultant Con Tangalakis.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/28/portsea%202.jpg">

The home was designed by architect Dominic Piccolo as a five-bedroom, six-bathroom house.

It came with an initial $6.2 million to $6.4 million price guide through Liz Jensen at Kay &amp; Burton.

The Australian Financial Review dubbed Livitsanis a "house flipper".

[smartcode_project:default project_id=89720]

Livitsanis's prior's weekender Dreamweaver, the Portsea back beach offering that fetched $3.5 million having been passed in at 2014 auction on a $3.5 million vendor bid.

It had been on and off the market over the past two years with an asking price of $3.5 million.

The two-storey Cheviot Road home with gas and solar-heated lap pool and spa plus championship Modgrass tennis court was sold to Arthur and Effie Charlaftis.

He is the former REA Group chief operating officer.
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Medical cannabis consultant Con Tangalakis buys at Portsea

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Under all Victorian tenancy agreements (fixed-term and periodic) entered into on or after 19 June 2019, rent can only be increased once every 12 months, rather than at six-monthly intervals.
The rent must not be increased before the end of a fixed-term tenancy agreement, unless the terms of the agreement allow for this. 
Six-monthly increases will still be allowed for agreements entered into before 19 June 2019 that are:  
<ul>
<li>existing fixed-term tenancy agreements of less than five years, and</li>
<li>existing periodic (month-by-month) tenancy agreements. </li>
</ul>
For all rent increases, landlords and property managers must use the updated notice of rent increase from the government's <a href="https://submit.consumer.vic.gov.au/ch/25390/2d6fc35/2426631/kkudkBKulnOy8z1kwAfvAXi2_pv4syhyUwzlNsIS" target="_blank" data-auth="NotApplicable">rent increases page</a>.
Landlords and property managers will now have the option to provide the prescribed renting guide Renting a home: a guide for tenants electronically to tenants who have consented to receive information this way. Previously, they were required to provide the guide as a printed booklet. 
To provide the guide electronically they must:
<ol>
<li>ensure they have the tenant’s written consent to receive notices and other documents electronically. This can be included in the terms of their lease, or obtained with the Consent to electronic service of notices and other documents form, available from the <a href="https://submit.consumer.vic.gov.au/ch/25390/2d6fc35/2428465/kkudkBKulnOy8z1kwAfvxyCeVfkKGydYNqjp4quc" target="_blank" data-auth="NotApplicable">renting guide page</a>
</li>
<li>send the tenant the following link: <a href="https://submit.consumer.vic.gov.au/ch/25390/2d6fc35/2428465/kkudkBKulnOy8z1kwAfvxyCeVfkKGydYNqjp4quc-1" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">consumer.vic.gov.au/rentingguide</a>
</li>
</ol>
More than 130 reforms to the Residential Tenancies Act 1997 were passed in the Victorian Parliament in 2018.
Some were selected for early implementation this year, with the remaining reforms to be fully implemented by 1 July 2020. 
To help prepare for these changes, a new dedicated <a href="https://submit.consumer.vic.gov.au/ch/25390/2d6fc35/2426770/kkudkBKulnOy8z1kwAfvUUHF0I5Iat4GUJWDXMdk" target="_blank" data-auth="NotApplicable">Changes to renting laws section</a> is now available as a one-stop information source on:
<ul>
<li>the early reforms that are already in effect</li>
<li>stakeholder consultation </li>
<li>key reforms and their impact on tenants and landlords.    </li>
</ul>
The Victorian Government said it is working with industry and community groups to develop information and training materials to help them prepare for these changes.
 
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Victoria restricts rent increase frequency to 12 months

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The building of inner city apartments in Melbourne and Sydney has slowed to a dangerous level, according to The Australian columnist, Robert Gottliebsen.
He suggests governments are making the looming unit shortfall worse.
"Not only is substantial employment and business activity at stake in both states, but in Sydney the NSW government has dreamt up an unbelievable plan that will halt apartment construction in many areas, potentially for years," he wrote.
He says apartment building has slowed dramatically because communities and councils across the city are making it as hard as possible for high density living projects to find a way through the approval processes.
"Normally such decimation of an industry is caused by demand, but in June 2019 demand is not the problem."
The supply in both cannot be generated to meet looming demand.
He noted at the moment in both cities there is excess supply but demand momentum helped by the return of Chinese to the market has already lifted Sydney apartment prices by 10% after they had fallen by 20 to 30%.
"During 2020 the demand-supply ratio will change markedly."
In both Sydney and Melbourne it takes about three years for a development to get through the approvals, while in other states the apartment approval process takes less than a year, he said.
In Sydney the current approval mess means that production of apartments is now down 40%.
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Governments making the looming 2020 Sydney and Melbourne apartment shortfall worse: Robert Gottliebsen

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Agri-logistics is emerging as a growth sector of the Australian real estate market, with more than $1.5 billion worth of assets changing hands over the past two years. 
CBRE Director of Agri-Logistics, Stephen Caffery, said the sector was attracting greater institutional investment, underpinned by the strength of Australia’s industrial, logistics and agricultural markets.  
“On the back of a buoyant industrial &amp; logistics sector, recent free trade agreements, Asia’s investment appetite and capacity for Australia’s agriculture industry to produce high value food and fibre products, there has been a sharp upturn in investment in the sector,” Caffery said.
“Agri-logistics has all the ingredients to become the standout investment class in Australia over the next decade. The sector is the backbone that supports Australia’s $60 billion farm gate production industry each year.
“All of Australia’s agricultural products, at some point, will need to be processed, value-added, stored and transported for either domestic consumption or export markets.
“Investing in these supply chains represents an enormous opportunity for investors looking for long term secure cashflows in assets that are defensive in economic downturns.” 
Highlighting the increased investment in the sector, CBRE is marketing two high quality food manufacturing facilities located in one of Melbourne’s premium South Eastern locations, Braeside.  
The properties located at 91-97 Woodlands Drive (pictured above) and 223-225 Governor Road (pictured below) provide a lettable area of 15,450 square metres.
<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/2019/6/18/Flavour%20Makers%20_%20223-225%20Governor%20Road.jpg" alt="">
They are leased to leading food developer and manufacturer Flavour Makers for 12 years, generating a triple net income of $1,830,000 per annum (with fixed annual increases of 3.0%).  
CBRE’s Ben Hegerty said the Flavour Makers facilities offered a complete end-to-end food development and manufacturing solution with state-of-the-art dry blending facility, liquid processing plant and a meals plant capable of processing both liquid and solid ingredients.
“These facilities are regulatory approved and extensively audited by both domestic and international customers,” Hegerty said. 
“Flavour Makers is experiencing a period of sustained growth and is investing both in increasing existing capability and capacity, as well as investing in new food technologies.
“As a result, they provide a high degree of underlying security for long term, passive investments outside core industrial locations.”
This follows several major transactions in the sector over the past two years including Charter Hall’s $207 million acquisition of the Ingham’s portfolio, comprising 27 poultry supply chain assets in December 2019, and Qualitas’ $388 million sale and leaseback of Allied Pinnacle’s portfolio of 10 grain handling and food processing facilities in March 2018. 
Caffery said agri-logistics assets located outside of traditional industrial heartlands would continue to present attractive opportunities for investors. 
“Agri-logistics assets that are strategically located to maximise supply chain efficiencies represent an outstanding opportunity for investors.
“Taking beef feedlots for example, to operate an efficient supply chain, it makes economical sense to construct feedlots close to reliable grain growing regions, rather than processing facilities to reduce transport costs.”
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Agri-logistics emerging as Australia’s next property growth sector

One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

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FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

Joel Robinson

First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<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/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

Staff reporter

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