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A contemporary four bedroom Sorrento, Queensland house has been listed for $1.55 million plus.
Located at <a href="https://www.realestate.com.au/property-house-qld-sorrento-125239426" target="_blank">135 Campbell Street</a>, the 800 sqm property is practical and offers a wide variety of options for living and entertaining guests.
Featuring an oversized media room or additional living area that is separated from the living and dining areas.
Four bedrooms are available as well as an office and resort-style bathrooms.
Meanwhile the master bedroom features a walk-in robe, water views and double vanity ensuite.
<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/2017/05/23/135%20Campbell%20Street-2.jpg" alt="">
There is also an east-facing outdoor patio and large covered alfresco that overlooks the waterway.
The property also has a new pool, solar hot water and panels.
The property is offered through Lucy Cole Prestige Properties agents John Cole and Lucy Cole.
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j.ballantyne1990-6AQqhLzZaK

Contemporary Sorrento house listed for $1.55 million plus

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Melbourne unit sales have slightly increased in the past quarter, according to CoreLogic's latest Cityscope.
The property data firm says that however Melbourne's 12 month unit sales have decreased.
Sales recorded for Melbourne Units Cityscope for the three months to May 2017 totalled $179.3 million, a slight increase from the $169.6 million recorded for the quarter to February 2017, but a sharp decreased from the $405.2 million recorded for the quarter to November 2016.
The latest data brings the twelve-month sales total to $899.1 million, a decrease from the previous twelve months, which recorded sales of $919.8 million.
The table below shows sales recorded for the past eight updates of Melbourne Units Cityscope.
<a href="https://www.propertyobserver.com.au/images/2017/05/24/Screen%20Shot%202017-05-24%20at%2010.05.39%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/05/24/Screen%20Shot%202017-05-24%20at%2010.05.39%20am.jpg" alt="">
Some notable sales featured in the May 2017 update of Melbourne Units Cityscope include:
<ul>
<li>Unit 64, Sargood House, at 73 Flinders Lane, Melbourne, a 4 bedrooms plus study residential apartment with 358 sqm over levels seven and eight plus 3 balconies and a car space, which sold for $3.195 million;</li>
<li>Unit 2402, The Philadelphia Apartments, at 31 Spring Street, Melbourne, a three bedroom penthouse over three levels including 2 car spaces, which was sold for $3 million and</li>
<li>Unit 153 and unit 154, Republic Tower at 299 Queen Street, Melbourne, two 3 bedroom residential units on the fifteenth floor plus total of 3 car spaces, which sold together for $2.6 million.</li>
</ul>
<a href="https://www.propertyobserver.com.au/images/2017/05/24/Screen%20Shot%202017-05-24%20at%2010.06.13%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/05/24/Screen%20Shot%202017-05-24%20at%2010.06.13%20am.jpg" alt="">
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Melbourne unit sales increase in past three months: Cityscope

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Following the 24 hour sell out of 66 lots in release two of Epiq Lennox Head, developer Clarence Property is bringing release three to market with similarly high buyer demand expected.
Release three of the beachside community will boast 78 lots starting from about $300,000, which will be sold via ballot on June 14 2017, with registrations  of interest essential prior to  May 31 2017.
Prospective buyers who have registered will have their name drawn from a barrel at an exclusive buyer event on June 14, with those selected given the opportunity to purchase a homesite of their choice.
Release three homesites range from 600sqm - 1700sqm and are within walking distance of Epiq's new sporting fields, which are nearing completion and will include an AFL ground, two Rugby fields, two soccer fields and two synthetic cricket pitches.
Clarence Property has introduced the 'ballot sale' system in response to unprecedented buyer demand for homesites at Epiq Lennox Heads.
Release two of the development attracted 116 registered buyers competing for just 66 lots, resulting in a $23.5 million sell out of land in just one night.
The ballot for release three lots will be drawn by Elder Real Estate agent Michael King, who says he expects a 'repeat performance' of the overwhelming success of release two.
"We have already  had registrations for release three  from people who missed out on the ballot draw for release two," Mr King said.
"I'm actually expecting even more competition for land in release three because development at Epiq is more advanced and people can see the community starting to take shape, with the first homes coming out of the ground and the new sporting fields nearing completion.
"Work on a neighbourhood shopping centre is expected to start in the coming months, with completion expected in late 2018, so buyers in release three will be in a great position to enjoy a range of new amenities when they move in to their new homes.
"Despite strong demand, pricing for land at Epiq Lennox Head remains competitive.
Road and infrastructure improvements mean Lennox Head is even more accessible and the commute to employment hubs in Ballina, Tweed Heads and the Gold Coast is getting easier.
"Recent buyers have been a mix of young families, first home buyers and retirees from local areas and I expect a similar mix of purchasers in release three."
Mr King says Epiq has been successful because it pairs   the 'laid back Lennox  lifestyle' with the convenience and amenity of a larger town.
"Epiq is unique in that it offers beachside  living surrounded by hectares of protected bushland and greenery, with the added bonus of being within easy reach of  shops, schools and restaurants," he said.
For more information, please visit <a href="https://www.epiqlennox.com.au" target="_blank">www.epiqlennox.com.au</a>
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Stage three of Epiq Lennox Head released after 24 hour 'ballot' sellout of stage two

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Gold Coast businessman Grant Balemi has used Bartercard to transform a rundown acreage property at Carrara into a $1 million-plus show home.
The car dealer said the $230,000 renovation of the property would not have been possible without his Bartercard trade dollars, which delivered him almost half – or approximately $105,000 worth – of services from key tradies.
After paying $515,000 for the two-acre property three years ago, Grant and wife Debbie have received a number of appraisals of more than $1 million post-renovation.
They have listed the five-bedroom, 3-bathroom residence for sale and are currently seeking expressions of interest over $1million, putting the property on track for an impressive capital gain after reducing significant cash expenses via the global trading network.  
“It’s quite amazing how much of the renovation I’ve been able to do through Bartercard, and it’s turned out beautifully,” Mr Balemi said.
A Bartercard South Gold Coast member since 2013, Mr Balemi initially used the barter trade exchange for his car dealership, Auto Pursuit, to save cash on services he required like towing, dent repair and car detailing.
Having experienced the cash-saving power of Bartercard, Mr Balemi decided to apply it to his journey up the property ladder and factored it into his purchase of the Carrara property in 2014.
<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/2017/05/25/Grant%20Balemi%203%20RESIZED.jpg" alt="">
“We probably paid a bit too much for the property initially, but we recognised its potential, because it was acreage living just 10 minutes from Broadbeach,” he said.
“With the Commonwealth Games coming up, and being right around the corner from Metricon Stadium and private school Emmanuel College, the area is also poised for major growth.
“The plan from the outset was always to use Bartercard to help fund the improvements that this property desperately needed.
“It would have been impossible to carry out a renovation of this size without the Bartercard element.”
Mr Balemi tapped into the Bartercard network on the Gold Coast, Brisbane and interstate to source “big ticket” trades such as tiling, concreting and plumbing, as well as electrical fittings, plants and bathroom products.
Trade dollars also paid for the building of a sandstone retaining wall on the expansive property, which has a rural outlook – looking down on show horses – and fronts nature reserve bordering Emerald Lakes Golf Club.
“I was able to find a large selection of trades I needed through the Bartercard network and in most cases, it was a 100 per cent trade with those members,” Mr Balemi said.
“If you want to save cash, it’s definitely the way to go.
“It’s a no brainer for someone who wishes to do a renovation but may not have the cash or the borrowing capacity to do it.”
Mr Balemi said the sale of the property would put the couple in a stronger financial position.
“It’s a beautiful property now and we wouldn’t really be selling it under other circumstances,” he said.
“But it will allow us to get on top of debt and buy more real estate.”
Bartercard co-founder and South Gold Coast franchise owner Andrew Federowsky said Mr Balemi’s renovation demonstrated how Bartercard could be used to save cash while boosting purchase power.
“Grant is a great example of just how much value can be extracted from Bartercard, both professionally and privately,” Mr Federowsky said. 
“Whether it’s building a house, running a business or even paying for a wedding, the range of goods and services available to our members is unlimited.”
For more information, please visit <a href="https://www.bartercard.com.au" target="_blank">www.bartercard.com.au</a> or call Bartercard South Gold Coast on (07) 5593 5916.
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Bartercard fuels auto dealer's $230,000 property transformation

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The historic Millers Point Workers Dwellings have been listed for sale by Property NSW on behalf of Family and Community Services.
The 33 three storey apartments, located between 30 Lower Fort Street and 4 Trinity Avenue, were built by the Sydney Harbour Trust around 1910 to house wharf labourers, storemen, stevedores and gasworks hands.
The listing marks the largest number of apartments for sale at one time as part of the Millers Point Sales program and is marketed through McGrath Estate Agents.
They are offered in one line, 33 apartments, (Lot 1), or as four separate lots as outlined below:
Lot 2 - 9 Apartments
Lot 3 - 6 apartments
Lot 4 - 6 apartments
Lot 5 - 12 apartments
Proceeds from the Millers Point sales program so far total over $390 million.
Early April four properties sold under the hammer including two terrace homes, two side-by-side terraces sold in one line, and a landmark seven-bedroom residence which was originally built as the “Hit &amp; Miss” hotel.  
Five Millers Point properties were sold in March for a total of $25.5 million
Expressions of interest close June 22, 2017.
For more details please visit <a href="https://www.rediscovermillerspoint.com.au" target="_blank">www.rediscovermillerspoint.com.au</a>.
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33 historic workers apartment dwellings in Millers Point listed for June sale

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The Kyneton property market has returned steady price growth for both house and vacant land leading up to the final quarter of 2016, whilst still presenting itself as a more affordable market, PRDnationwide has found.
The median house price is currently held at $495,000 and $235,000 for vacant land, representing an annual price change of 5.4 percent and 15.2 percent respectively.
Over the same period of time, the median house price in the surrounding Shire of Macedon Ranges grew by 12.2 percent to $575,000 and vacant land median price grew by 14.3 percent to $240,000.
<a href="https://www.propertyobserver.com.au/images/2017/04/19/Kyneton.png" target="_blank">CLICK TO EXPAND</a>
<img src="https://www.urban.com.au/images/2017/04/19/Kyneton.png" width="700" height="425">
The average amount of days to sell in Kyneton has improved since the beginning of 2016 and at the end of the final quarter sits at 70 days for houses. The average time spent on the market for rental properties are currently 40 days for houses and 39 day for units. Positively, investors in the Kyneton market are benefiting from higher house and rental returns than properties in Melbourne, with returns of 3.8 percent and 5.9 percent, respectively. Median rents in Kyneton have remained stable for house and units over the past twelve months, currently at $368 and $290 per week respectively. The vacancy rate is recorded at a low 1.6 percent which continues to demonstrate the high demand for rental property in the area, especially when compared to Melbourne (2.0 percent). The Kyneton Structure Plan introduced in June 2013 estimated that the Kyneton township will grow by an additional 2,900 residents by 2036.
A two bedroom unit (below) at <a href="https://www.realestate.com.au/sold/property-townhouse-vic-kyneton-124062590" target="_blank">110 Piper Street </a>sold for $439,000 in May 2017.
<img src="https://www.urban.com.au/images/2017/05/12/rsz_piper.png" alt="">
Kyneton can expect approximately $16.7M worth of new development projects commencing in late 2015, through to the end of 2017.
Of these new developments, residential projects accounted for the majority, with an estimated value of $15.5M. 
This is followed by industrial projects valued at $1,000,000 and infrastructure which accounted for $200,000 worth of development. A main residential project in 2017 is the Simpson Street Residential Development. The project is estimated at $14.5M and plans to construct 69 dwellings. The project is due to commence in November, with anticipated completion in 2019.
A four bedroom home (below) at <a href="https://www.realestate.com.au/sold/property-house-vic-kyneton-125152382" target="_blank">121 Lauriston Reservoir Road</a> sold for $1.065 million in May 2017. 
<img src="https://www.urban.com.au/images/2017/05/12/rsz_kynetonhouse.png" width="700" height="425">
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Kyneton property market returns steady growth: PRDnationwide

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A three bedroom plus penthouse apartment with harbour views at Breakfast Point has been listed for sale for $3,985,000.
Located at 601/58 Peninsula Drive, it boasts 200 sqm of interior space and is located in a corner location with a northernly aspect.
Featuring three ensuites, a powder room, two balconies, two car spces and a retreat/study it shows Rose’s commitment to designing homes of style and character.
The bespoke kitchen is fitted with Miele appliances including a 90 centimetre self-cleaning oven, combi-microwave oven, steam oven, five burner gas cooktop, an integrated range hood and semi-integrated dishwasher and Vintec wine fridge.
Bench tops features imported Italian Calacutta marble tiles with 40 millimetre of downturn edges and smoked mirror glass splash back.
<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/2017/04/26/601_58%20Peninsula%20Drive-2.jpg" alt="">
There is also a polished brone kitchen tap, NanoGranite double bowl under-mounted kitchen sinks and an operable folding wall to conceal the kitchen included.
Sun-drenched living areas features dark Oak timber floors accompanied by 100% wool carpet in the bedrooms.
The property is in close proximity to the parklands, Village Centre, shops, cafes and restaurants.
The Breakfast Point Country Club is also nearby and has a range of activities including gymnasium, spa, sauna, steam room, swimming pool and five tennis courts.
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Breakfast Point harbourview apartment listed for $3.985 million

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A luxury five bedroom sandstone villa in Hyde Park, South Australia has been sold at auction for an undisclosed sum.
The agents were seeking $2.2 million.
The residence at <a href="https://www.realestate.com.au/sold/property-house-sa-hyde+park-125027014" target="_blank">12 Park Street</a> was designed by building company Mr. Fox &amp; Miss Polly in conjunction with architects of Studio Nine.
Hyde Park is an inner-southern suburb of Adelaide. It features King William Road, a popular shopping and dining destination and the Belair railway line. Median house price for the area sits at $1.06 million. A three bedroom home at 2 Mitchell Street recently sold for $1.37 million.
Originally constructed circa 1900, the property sits on a 1083 sqm block and features an ultra-modern façade mixed with glass and handcrafted walls of stone. Polished concrete floors anchor 3.6-metre-high ceilings.
The open-plan living area is set around a kitchen headlined by Miele stainless steel appliances and built-in music speakers.
A massive master suite contains a private courtyard, heated floors, lofty ceilings and an ensuite.
The dedicated children’s wing offers a main hall, four bedrooms, fireplaces, polished pine floors, decorative ceilings and leadlight windows.
Landscaped outdoors features a garden, alfresco terrace and solar heated pool as well as a stainless steel outdoor kitchen, pizza oven, chicken pen, veggie patches, shed and hammock.
Harris Real Estate selling agents Kris Casey and Laura Prest marketed the renovated property as a "courageous yet inspired transformation."
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Luxury sandstone Hyde Park, South Australia villa sold

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A oceanfront house at West Beach has been sold for $1.41 million making it Adelaide’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-sa-west+beach-125308750" target="_blank">76A Seaview Road</a>, the property was built in 2007.
The rental property has recently undergone some renovations including a fresh paint and landscaping.
Its entertainment guest area features cabinetry and a kitchenette, complete with plumbed sink and bar fridge space.
<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/2017/05/21/76A%20Seaview%20Road-2.jpg" alt="">
A central kitchen featuring granite bench top and splashback as well as island bench and pantry is available on this floor.
The main bedroom retreat includes a walk-through dressing room and ensuite complete with deep spa bath and double vanity.
In close proximity to adjacent park, Henley Beach Sailing Club and nearby Linear Park Bike Trail.
The property was offered through LJ Hooker agent Frank Azzollini.
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Oceanfront West Beach house sold for $1.41 million

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A pristine three bedroom waterfront property located within Binalong Bay, Tasmania has been listed for sale with a price guide of $675,000.
The 2351 sqm block at <a href="https://www.realestate.com.au/property-house-tas-binalong+bay-125208942" target="_blank">346 Gardens Road</a> has been scenically landscaped and is perfectly suited as a holiday home, positioned only 150m to Swimcart Beach.
Binalong Bay is a small coastal town in north-east Tasmania, situated at the southern end of the Bay of Fires. Originally a fishing hamlet, the town is now a village commanding a median price of $277,500. 
Upstairs consists of open plan living, dining and kitchen, one bedroom and a wrap-around deck. Downstairs consists of a further two bedrooms, modern bathroom and a small enclosed courtyard.
Buyers can also enjoy a sheltered deck, BBQ area, two storage sheds, vegetable garden and wooden paths leading through the native vegetation.
A five bedroom property at <a href="https://www.realestate.com.au/sold/property-house-tas-binalong+bay-122407434" target="_blank">88 Main Road</a> traded in May 2017 for $1.19 million.
A four bedroom home at <a href="https://www.realestate.com.au/sold/property-house-tas-binalong+bay-123556342" target="_blank">2 King Street</a> sold for $655,000 in February 2017. 
The residence is sold through Surf Coast Realty agent Dane Cumming.
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Pristine waterfront Binalong Bay property listed 

Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

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]

Staff reporter

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