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A 1938 art-deco Hawthorn house that sold pre-auction for $3.22 million was Melbourne’s most expensive weekend auction offering.
The<a href="https://www.realestate.com.au/sold/property-house-vic-hawthorn-126362366" target="_blank"> Auburn Road</a> home was marketed as one of “the most exquisite restorations to have hit the Hawthorn market”.
The property set in 755 square metres of manicured gardens last sold for $501,000 in 2001.
It features original features such as black manganese bricks, terrazzo floors and curved textured walls.
The master wing is towards the rear of the house and is separated from three double brick bedrooms.
The kitchen and bathrooms have been renovated.
The property was offered through WHITEFOX agents Ryan Fisher and Marty Fox.
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j.ballantyne1990-6AQqhLzZaK

1938 art deco Hawthorn house sold for $3.22 million

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A three bedroom Kaleen apartment has sold pre-auction for $385,000 making it Canberra’s cheapest weekend auction sale.
It had $359,000 plus hopes.
Located at <a href="https://www.realestate.com.au/sold/property-house-act-kaleen-126408446" target="_blank">3/112 Baldwin Drive</a>, the property is marketed as “designed to maximize space and comfort”.
Built in 1995, it last sold in 2008. It had been offered as a $410 a week rental this time last year.
It features two separate open plan living areas along with a kitchen that leads to another area, plenty of cupboard space and a dishwasher.
A balcony overlooks the country and has plenty of room, while the main bedroom is situated at the front of the house and features a walk-through robe as well as an ensuite with a spa bath.
There are also two bedrooms available, while the complex has its own swimming pool and gym.
Other features includes two car spaces including a lockup garage.
All amenities are in close proximity of the property.
The property was offered through Sharon Schnyder of LJ Hooker.
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Three bedroom Kaleen house sold for $385,000

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A three bedroom Aldinga Beach house has sold for $261,000.
Located at <a href="https://www.realestate.com.au/property-house-sa-aldinga+beach-126282106" target="_blank">26 Stirling Street</a>, the 670 square metre property has potential to either be renovated or redeveloped.
Built in 1978, it last sold in 2002 for $129,950.
It features three bedrooms as well as a large front lounge and open plan kitchen/dining area with electric cooktop and large pantry.
An undercover entertainment area is available outdoors and overlooks the backyard which also has two sheds and a single carport.
The property is within walking distance to the beach.
The property was offered through Southgate Real Estate agent Derek Sobkowiak.
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Three bedroom Aldinga Beach house sold for $261,000

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A 1963 Felixstow house has sold for $510,000.
Located at <a href="https://www.realestate.com.au/property-house-sa-felixstow-126404518" target="_blank">9 Langman Grove</a>, the 610 square metre Adelaide property has potential for renovation or further development.
It has a frontage of 18 metres with a large room and spacious kitchen.
There are also three bedrooms available on the property.
<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/2017/10/01/9%20Langman%20Grove-2.jpg" alt="">
Other features include a large rear yard, carport with auto roller door and timber floors.
The property is around the corner from Linear Park and close to the Marden Shopping Centre as well as public transport.
The property was offered through Professionals agents Charlie Riebolge and Harry Riebolge.
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1960s Felixstow house sold for $510,000

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Landlord insurance will go up after the Andrews' Government pet policy for tenants is introduced in Victoria next year.
Canstar says most exisiting landlord insurances don't include covering damage from pets.
"Landlords should check with their insurer to see if they’re covered, before allowing pets at their property," one industry adviser recently stressed.
“Before allowing pets at your property, it’s a good idea to establish a pet agreement between you and your tenant,” they said.
“You should also outline the consequences if a tenant fails to meet their obligations.”
It is recommended property managers closely monitor whether animals are present at the property by conducting regular property inspections.
Landlord insurance is an absolute must for property investors, providing financial security against damage, rent defaults or theft.
"Landlords need to be wary of getting a cheap landlord insurance policy with lots of exclusions," Canstar noted. 
The Canstar tables below show the median rental income, average insurance costs, and percentage of rental income across capital cities in Australia. The costs are based on a landlord insurance policy with $300,000 of building insurance cover (for houses) and $25,000 of contents insurance (for both houses and units). 
<table class="table table-responsive table-hover"><tbody>
<tr>
<th width="153">Location</th>
<th width="153">Median Annual Rental Income</th>
<th width="153">Average Annual Insurance Premium</th>
<th width="153">Percentage of Income spent on Insurance</th>
</tr>
<tr>
<td width="153">Sydney</td>
<td width="153">$27,560
 
($530/week)
</td>
<td width="153">$1,160.53</td>
<td width="153">4.2%</td>
</tr>
<tr>
<td width="153">Melbourne</td>
<td width="153">$20,800
 
($400/week)
</td>
<td width="153">$928.07</td>
<td width="153">4.5%</td>
</tr>
<tr>
<td width="153">Brisbane</td>
<td width="153">$20,800
 
($400/week)
</td>
<td width="153">$1,112.37</td>
<td width="153">5.3%</td>
</tr>
<tr>
<td width="153">Adelaide</td>
<td width="153">$18,460
 
($355/week)
</td>
<td width="153">$891.82</td>
<td width="153">4.8%</td>
</tr>
<tr>
<td width="153">Perth</td>
<td width="153">$20,280
 
($390/week)
</td>
<td width="153">$939.41</td>
<td width="153">4.6%</td>
</tr>
<tr>
<td width="153">Hobart</td>
<td width="153">$18,200
 
($350/week)
</td>
<td width="153">$836.91</td>
<td width="153">4.6%</td>
</tr>
<tr>
<td colspan="4" width="612">
Source: Average premiums from CANSTAR – Landlord Insurance star ratings report.
</td>
</tr>
</tbody></table>
 In Sydney insurance costs 4.3% of rental income.
The price of insurance in Melbourne equates to 4.2% of income.
Hobart is the cheapest place for insuring an investment property, for houses (above) and apartments (below).
<table class="table table-responsive table-hover"><tbody>
<tr>
<th>Location</th>
<th>Median Annual Rental Income</th>
<th>Average Annual Insurance Premium</th>
<th>Percentage of Income spent on Insurance</th>
</tr>
<tr>
<td>Sydney</td>
<td>$27,300
 
($525/week)
</td>
<td>$419.25</td>
<td>1.5%</td>
</tr>
<tr>
<td>Melbourne</td>
<td>$19,760
 
($380/week)
</td>
<td>$335.49</td>
<td>1.7%</td>
</tr>
<tr>
<td>Brisbane</td>
<td>$19,760
 
($380/week)
</td>
<td>$396.99</td>
<td>2.0%</td>
</tr>
<tr>
<td>Adelaide</td>
<td>$14,820
 
($285/week)
</td>
<td>$316.61</td>
<td>2.1%</td>
</tr>
<tr>
<td>Perth</td>
<td>$17,420
 
($335/week)
</td>
<td>$347.55</td>
<td>2.0%</td>
</tr>
<tr>
<td>Hobart</td>
<td>$14,820
 
($285/week)
</td>
<td>$307.57</td>
<td>2.1%</td>
</tr>
<tr>
<td colspan="4">
Source: Average premiums from CANSTAR – Landlord Insurance star ratings report.
 
</td>
</tr>
</tbody></table>
The NSW Left faction of the Labor Opposition has also been considering a policy that would stop all landlords in the state from banning pets from their properties.
A proposed policy doing the rounds within the Labor Left seeks to propose an amendment to the ALP’s policy platform that “disallows ‘no pets’ clauses”, the Daily Telegraph reported earlier this year.
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Victorian government pet policy for tenants will trigger higher landlord insurance

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A Bacchus Marsh home in regional Victoria has been sold by mortgagees for $412,000.
The <a href="https://www.realestate.com.au/sold/property-house-vic-bacchus+marsh-126304710" target="_blank">three bedroom, two bathroom home</a> on 818 sqm last traded for $330,000 in 2012.
It comes with a separate study off its entry.
CoreLogic calculate the four bedroom median in the Victorian town at $438,000.
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Bacchus Marsh home sold by mortgagees

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Michael Simmons, a former Gold Coast resident letting agent has been banned from the real estate industry for 10 years following an Office of Fair Trading (OFT) investigation.
Simmons was a licensed residential letting agent, collecting rent and holiday income for apartments in Burleigh Heads. 
Michael Joseph Simmons was taken to the Queensland Civil and Administrative Tribunal (QCAT) by the OFT for misappropriating trust money.
He was fined $3,000 after the tribunal heard the investigation began when the OFT was notified Simmons’ trust account was overdrawn.
Shortly after, Mr Simmons abandoned his business and the OFT appointed a receiver over the business’s trust property.
The OFT established Mr Simmons withdrew trust account money he was not entitled to on 29 occasions.
The trust account became overdrawn on four occasions between May and October 2012.
In sentencing, the tribunal considered Mr Simmons lack of remorse, disregard for his obligations as a licensee, and his four previous opportunities to make an early guilty plea.
Fair Trading Executive Director Brian Bauer said behaviour such as Mr Simmons’s would not be tolerated in the real estate industry.
“Stealing from a trust account is an inexcusable act and represents a gross breach of the confidence placed in an agent” Mr Bauer said.
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Burleigh Heads, Gold Coast letting agent banned for 10 years

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Gina Rinehart's Hancock Prospecting has added another Northern Territory cattle station.
The 171,000 hectare Willeroo Station comes with around 20,000 head of Brahman cattle.
It adjoins Aroona Station, which was bought by Hancock Prospecting in March.
Great Giant Livestock (GGL), one of Indonesia's largest feedlot operators, sold the property.
Rinehart said she was interested in Willeroo Station because "we believe we can add improvements and value to the station, where we will copy what we have introduced successfully on our other Hancock stations, and are currently rolling out across Kidman properties also".
"Willeroo will well complement our existing investments in the north," she said.
"It is adjacent to Aroona Station which we acquired earlier this year allowing us to operate the two stations as a combined unit.
"Also being near to the Phoenix Park export depot it will assist part of the wet season growing program for Riveren and Inverway as well as help to provide better market timing opportunities for some of Hancock Beef's Kimberley cattle stations."
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Hancock Mining buys another NT cattle station

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The McGrath Estate Agents network has decided to terminate its franchise agreements for its three Illawarra offices in Wollongong, Shellharbour and Thirroul.
They close on October 23 after McGrath’s head of the franchise network, Christopher Mourd, said the closures are due to a dispute.
“This is an unfortunate situation between two partners of a McGrath franchise, resulting in a dispute between the two franchisees,” said Mourd.
"While we have tried to help resolve the issue and have encouraged mediation, we now have no choice but to terminate the franchise agreements.”
Mourd said McGrath was still securing other franchise partners.
“We continue to believe that the region offers a highly desirable lifestyle choice for Sydney commuters, downsizers and holiday-home buyers.”
McGrath has operated in the Illawarra area south of Sydney since 2009.
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McGrath seeks new Illawarra franchise offices

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ABC presenter Leigh Sales has bought in Stanmore for just over $2 million, according to The Australian.
The 7.30 anchor secured the five-bedroom house in ­Stanmore after it failed to sell at auction last month.
It last sold in 2005 at around $850,000.
Sales is relocating from Glebe where she resided in a renovated Federation residence bought for $2.65 million in 2015.
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Leigh Sales buys in Stanmore

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Joel Robinson

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

A proposal to redevelop one of North Sydney's ageing commercial buildings has taken another step forward, with plans for a 38-storey mixed-use tower adding momentum to the long-awaited transformation of the Alfred Street precinct.

Now on public exhibition through the NSW Government's Housing Delivery Authority-led State Significant Development pathway, the proposal for 271-273 Alfred Street would replace an underutilised commercial building with 95 apartments, ground-floor retail, commercial space and affordable housing. The proposal was submitted by&nbsp;Tara Shore Pty Ltd, acting for the John Taylor Family Trust.

While the project will deliver much-needed housing on the southern edge of the North Sydney CBD, it also represents another piece of a broader precinct that has spent years in planning limbo.

<img alt="First look: New public domain vision underpins 95-apartment North Sydney tower on Alfred Street" data-entity-type="file" data-entity-uuid="7e1ce1b4-38df-48ab-992f-386814d86308" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Alfred%20St%20da%20podium.png?VersionId=sC_h6w.A9VEoB98qsqowPlIoz__sBZBt" />

Despite its proximity to both North Sydney Station and the Victoria Cross Metro, redevelopment of Alfred Street has progressed slowly over the past decade as broader planning controls, zoning and building heights remained unresolved. The introduction of the Housing Delivery Authority pathway has provided a new avenue for projects to progress, allowing rezoning and development assessment to occur concurrently and unlocking sites that have long been earmarked for renewal.

Designed by Office of Cortese &amp; Gilder, the proposal seeks to do more than replace an ageing office building. The architects have positioned the project as the first stage of a wider public domain vision that would improve pedestrian connectivity and create a more cohesive mixed-use precinct as neighbouring sites are redeveloped over time.

The proposal includes a widened Alfred Street setback, new street trees, landscaping and outdoor seating, along with a landscaped through-site pedestrian link connecting Alfred Street with Little Alfred Street. The connection is intended to become the first section of a future east-west pedestrian network extending across the precinct.

<img alt="First look: New public domain vision underpins 95-apartment North Sydney tower on Alfred Street" data-entity-type="file" data-entity-uuid="8ea39ac3-46ad-4562-b4a0-b862e91c2dda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Alfred%20St%20da%20site.png?VersionId=K7umCd21KpetEFuVfsPlnJKhUOsmTTdV" />

The mixed-use tower would comprise retail space at ground level, commercial uses on level two and apartments from level three upwards.

In total, the development would deliver 95 apartments, including nine one-bedroom, 28 two-bedroom, 56 three-bedroom and two four-bedroom residences. Twenty-one apartments, representing 15 per cent of the residential gross floor area, would be secured as affordable housing and managed by a registered community housing provider for at least 15 years.

Nine basement levels would provide 133 resident car spaces, seven motorcycle spaces and 111 bicycle spaces.

According to the Architecture and Urban Design Report, the public domain strategy is designed to transform what is currently an inward-facing commercial edge into a more active and connected pedestrian environment, creating a stronger relationship between the commercial core and surrounding residential neighbourhoods.

Office of Cortese &amp; Gilder has also prepared a broader public domain framework spanning neighbouring properties between 263 and 283 Alfred Street, arguing that a coordinated approach to redevelopment will deliver better public spaces, improved tower separation and a more connected streetscape as the precinct evolves.

The proposal comes at a time where North Sydney is slated for future residential growth. Commercial developer FiveX has residential plans for the neighbouring site at 275 Alfred Street. They've proposed a 39-storey mixed-use tower with 184 apartments, while Freecity was recently approved for nearly 300 apartments across a 51-storey building on Walker Street.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-freecity-gets-green-light-for-mixed-use-apartment-and-hotel-tower-in-north-sydney">First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-plans-39-storey-residential-tower-in-booming-north-sydney">First look: Fivex plans 39-storey residential tower in booming North Sydney</a>

&nbsp;

Alfred Street the latest North Sydney pocket to be transformed by residential development

Buyers considering a residence at boutique Gordon townhouse development <a href="https://www.apartments.com.au/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon-nsw-2072">Lume</a>&nbsp;now have another reason to bring forward their decision.

For a limited time, purchasers of a residence at Lume will receive a BMW iX3 50 electric SUV, valued at more than $120,000, as part of their purchase. The offer is designed to add value for buyers while complementing the lifestyle envisioned for the architecturally designed Upper North Shore development.

Scott Timmins, Development Manager at <a href="https://www.apartments.com.au/developers/winim">WINIM</a>, said the partnership was created to provide buyers with a compelling reason to act.

"In today's market, buyers need a compelling reason to act now, and the BMW partnership was designed to create that catalyst. We wanted to add genuine value for our future purchasers. Choosing the all-electric BMW iX3 50 also reflects the values behind LUME, forward-thinking design, innovation and a more sustainable way of living. It's a premium incentive that complements the lifestyle our buyers aspire to and rewards those who commit early."

[smartcode_project:default project_id=7354 project_image_fid=374893]

Delivered by WINIM in partnership with Burtonwood Investment Partners, Lume comprises 14 architecturally designed two, three and four-bedroom townhomes created for families seeking the space of a freestanding house with the ease of modern, low-maintenance living.

The three-storey residences, designed by award-winning architecture practice <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, have been tailored for families and multi-generational living, featuring private internal lifts, flexible lower-level spaces, generous open-plan living and entertaining areas, media rooms, and landscaped outdoor spaces with custom outdoor kitchens.&nbsp;

Inside, engineered oak flooring, bespoke dining joinery with integrated wine fridges and backlit bars, sculptural porcelain bathrooms, Parisi freestanding baths and Astra Walker tapware create interiors that balance functionality with refined finishes.

Each townhome has been designed to combine generous internal spaces with sustainability initiatives such as EV charging infrastructure, while <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>'s landscaped communal areas, centred around a restored creek line and native planting, encourage residents to connect with nature and spend more time outdoors.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Rothelowman's Gary Tsui said the architecture was conceived to respond carefully to its Upper North Shore setting.

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings."

The communal landscape has been designed as more than an open space between homes. Arcadia's Ben Newell and Kate Phillips said the adjoining reserve provided an opportunity to create a distinctive natural retreat for residents.

"Just as waterways carve their way through Ku-ring-gai's landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis."

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Located just 300 metres from <a href="https://www.apartments.com.au/developments/gordon-nsw-2072">Gordon</a> Village and Gordon railway station, Lume offers convenient access to Sydney's CBD while placing residents close to some of the North Shore's leading schools, including Ravenswood, Pymble Ladies' College and Knox Grammar. Lane Cove National Park, Gordon Golf Club and a range of cafés and restaurants further reinforce the family-focused lifestyle on offer, with the BMW iX3 50 complementing everything from local trips around Gordon to weekend drives and city commutes.

Construction is underway with completion expected in mid-2027.

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Boutique Gordon townhomes now come with a BMW iX3 50

Two apartments have sold for more than $10 million at EADE Byron Bay, setting some of the highest apartment prices ever achieved in the coastal town and underlining the growing appetite for luxury beachfront apartments in Australia's most popular coastal locations.

The $210 million project by Vitale Property Group has now secured more than $70 million in sales, led by residences that changed hands for $12.75 million and $11.75 million.

The record-breaking transactions reinforce the shift occurring in Byron Bay's premium property market, where affluent downsizers and lifestyle buyers are increasingly opting for high-end apartments over large beachfront homes.

<a href="https://www.apartments.com.au/new-apartments/eade-byron-bay-29-shirley-street-byron-bay-nsw-2481">EADE Byron Bay</a> occupies a rare 6,000 sqm absolute beachfront site on the corner of Shirley and Milton Streets overlooking Main Beach and The Wreck surf break, just 350 metres from Byron Bay's town centre.

The 25-residence development is the first beachfront apartment project approved in Byron Bay in more than a decade and is currently under construction, with completion expected in May 2027.

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The project has attracted a mix of local Byron Shire residents downsizing from larger homes, alongside interstate buyers from Sydney, Melbourne and Brisbane seeking a permanent coastal lifestyle without compromising on space.

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a> and with interiors by <a href="https://www.apartments.com.au/interior-designers/alexander-co">Alexander &amp; Co</a>, EADE comprises&nbsp;10 garden apartments ranging from 284 sqm to 622 sqm, nine with private pools, five full-floor apartments and 10 rooftop residences with private plunge pools, expansive outdoor entertaining areas and uninterrupted ocean views.

[smartcode_project:default project_id=145590 project_image_fid=359527]

<a href="https://www.apartments.com.au/developers/vitale-property-group">Vitale Property Group</a> Managing Partner Chris Vitale said the project's combination of scale, location and limited future supply was driving buyer demand.

"There isn't another beachfront holding in Byron Bay of this size and position that could be developed again," Vitale said.

"Buyers are responding to the scarcity and the irreplaceability of a site of this calibre and to floorplans they can't find elsewhere in the market.

"We are seeing buyers place significant value on quality, space, design, resort-style amenities and the rarity of the location. The sales achieved to date demonstrate that discerning purchasers recognise the long-term significance of what is being created at EADE Byron Bay.

"Many are coming from larger homes in the Byron region, or from Sydney, Melbourne and Brisbane, and are after the space, security and convenience, without the upkeep of a house."

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[smartcode_project:default project_id=145590 project_image_fid=359523]

The Byron Bay project follows Vitale Property Group's delivery of the Mondrian Hotel and Private Residences at Burleigh Heads, with EADE continuing the developer's focus on luxury coastal developments.

Residents will have access to a resort-style swimming pool, gymnasium, sauna, cold plunge pool, concierge services and dedicated workspaces, while the project is targeting an 8-Star Green Star rating.

EADE Byron Bay is being exclusively marketed by Projx Australia in conjunction with WHITEFOX Projects.

WHITEFOX National Projects Director Phillip Rand said demand had been driven predominantly by owner-occupiers.

"We are seeing buyers at EADE place significant value on quality, space, design, resort-style amenities and the rarity of this location," Rand says.

"The sales achieved to date demonstrate that purchasers at this level recognise the long-term significance of what is being created at EADE Byron Bay."

Residences at EADE Byron Bay are currently priced between $4.75 million and $15.95 million.

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