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Susan Lloyd-Hurwitz, chief executive officer and managing director of the Mirvac Group, has been elected as the new national president of the Property Council of Australia.
Ms Lloyd-Hurwitz was previously national vice president to Mark Steinert who has concluded his two-year term.
She said her focus as president of the Property Council would be on policies that create productive and liveable cities and encourage housing that is attainable for everyone.
“Australia's cities and suburbs are under immense pressures – housing affordability, congestion, and infrastructure gaps are all taking their toll," she said.
"This industry is a natural partner to work with government and other key stakeholders to solve these problems.
“We can build better, more liveable and affordable cities, with world-leading infrastructure, and services that encourage strong and caring communities.
“The biggest challenges before our country and economy relate to our cities – How do we make housing affordable? How do we bridge the infrastructure gap? How do we create sustainable buildings and cities? And how do we build stronger communities?
"With a ‘housing affordability Budget’ only months away and governments across Australia working on solutions to improve housing supply, the property industry has never been more relevant.
"Mark has been a strong advocate for the industry during a time of significant debate.
"He has brought focus to the issue of diversity across the industry, and has made a significant contribution to promoting the important role the property industry plays in the Australian landscape."
The Board also elected David Harrison of Charter Hall and Kylie Rampa of Lendlease as national vice presidents.
Outgoing national vice president Carmel Hourigan will remain on the Board and take on new responsibilities as special adviser to the Property Male Champions of Change group.
The full Board is as follows:
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="124">
Susan Lloyd-Hurwitz
</td>
<td valign="top" width="302">
Chief Executive Officer and Managing Director, Mirvac Group (National President)
</td>
</tr>
<tr>
<td valign="top" width="124">
Mark Steinert
</td>
<td valign="top" width="302">
Managing Director and Chief Executive Officer, Stockland (Immediate Past President)
</td>
</tr>
<tr>
<td valign="top" width="124">
David Harrison
</td>
<td valign="top" width="302">
Managing Director an Group Chief Executive Officer, Charter Hall (National Vice President)
</td>
</tr>
<tr>
<td valign="top" width="124">
Kylie Rampa
</td>
<td valign="top" width="302">
Chief Executive Officer, Property, Lendlease (National Vice President)
</td>
</tr>
<tr>
<td valign="top" width="124">
Peter Allen
</td>
<td valign="top" width="302">
Chief Executive Officer, Scentre Group
</td>
</tr>
<tr>
<td valign="top" width="124">
Virginia Briggs
</td>
<td valign="top" width="302">
Partner, MinterEllison
</td>
</tr>
<tr>
<td valign="top" width="124">
Anastasia Clarke
</td>
<td valign="top" width="302">
Chief Financial Officer, The GPT Group
</td>
</tr>
<tr>
<td valign="top" width="124">
Stephen Conry
</td>
<td valign="top" width="302">
Chief Executive Officer – Australia, JLL
</td>
</tr>
<tr>
<td valign="top" width="124">
Carmel Hourigan
</td>
<td valign="top" width="302">
Global Head of Property, AMP Capital
</td>
</tr>
<tr>
<td valign="top" width="124">
Bob Johnston
</td>
<td valign="top" width="302">
Chief Executive Officer, The GPT Group
</td>
</tr>
<tr>
<td valign="top" width="124">
Laurence Lancini
</td>
<td valign="top" width="302">
Managing Director, Lancini Property and Development
</td>
</tr>
<tr>
<td valign="top" width="124">
Steve Maras
</td>
<td valign="top" width="302">
Group Managing Director and Chief Executive Officer, Maras Group
</td>
</tr>
<tr>
<td valign="top" width="124">
Louise Mason
</td>
<td valign="top" width="302">
Chief Operating Officer, AMP Capital
</td>
</tr>
<tr>
<td valign="top" width="124">
Angus McNaughton
</td>
<td valign="top" width="302">
Chief Executive Officer and Managing Director, Vicinity Centres
</td>
</tr>
<tr>
<td valign="top" width="124">
Tony Perrin
</td>
<td valign="top" width="302">
General Manager – Residential WA, Frasers Property
</td>
</tr>
<tr>
<td valign="top" width="124">
Alison Quinn
</td>
<td valign="top" width="302">
Chief Executive Officer, RetireAustralia
</td>
</tr>
<tr>
<td valign="top" width="124">
Darren Steinberg
</td>
<td valign="top" width="302">
Chief Executive Officer and Executive Director, Dexus
</td>
</tr>
<tr>
<td valign="top" width="124">
Roger Teale
</td>
<td valign="top" width="302">
Head of Markets – Victoria, Lendlease
</td>
</tr>
<tr>
<td valign="top" width="124">
Andrew Whitson
</td>
<td valign="top" width="302">
Group Executive and CEO Residential Development, Stockland
</td>
</tr>
</tbody></table>
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j.ballantyne1990-6AQqhLzZaK

Susan Lloyd-Hurwitz elected new president of Property Council

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The 29-storey tower at the Fishermans Bend, Victoria residential development Gravity has topped out 15 months after construction began.
The 465ha precinct, Gravity, was designed by Plus Architecture.
Ian Briggs, director of Plus Architecture, said Fishermans Bend is new territory and they are only now starting to see the precinct materialise.
“As lovers of this city and advocates of positive, design-led development, we feel very fortunate to have been entrusted with Fishermans Bend’s first building,” he said.
“Our team worked tirelessly to create a design of significance, with a façade that would be both distinctive and complementary to Melbourne’s city skyline."
Setting an example for the precinct, Gravity makes the most of its prominent corner location on Montague and Gladstone streets, with a design that uses the changing light of day to project a dynamic visual presence and establish a new landmark.
Gravity will feature a grand lobby and exclusive rooftop complete with a teppanyaki grill and bar, spa, outdoor cinema and designer lounge.
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Gravity wins race to the top at Fishermans Bend

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A historic house at Penshurst in rural Victoria has been listed for $485,000.
Located at <a href="https://www.realestate.com.au/property-house-vic-penshurst-124144902" target="_blank">100-102 Bell Street</a>, the renovated 1862 bluestone house has a business next to it.
It sits on 4000 sqm plus between two landmark Victorian properties in the Western Districts town.
It last sold in 2012 at $210,000.
Consisting of two kitchens, two bedrooms, two bathrooms and one laundry the property could be used as a rental income.
Surrounded by gardens containing the original Cobb and Co changing stables that is currently used as a summer kitchen.
<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/2017/03/23/100-102%20Bell%20Street-2.jpg" alt="">
There is also an orchard that contains apple, mulberry, pear, apricot, fig and an assortment of other fruits with Grampian views as the backdrop.
A hedge surrounds the property along with the mature English trees.
The property is offered through Southern Grampians Livestock &amp; Real Estate agent Trish Thurgood.
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Historic Cobb and Co rural Victoria house listed

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The Wellington Point, Brisbane home of Sherrin Group managing director, Michael Sherrin has been listed for April 9 auction.
The home in tightly held <a href="https://www.realestate.com.au/property-house-qld-wellington+point-124969398" target="_blank">12-16 Champion Lane</a> is set over three blocks totalling 1280 square metres.
The two bedroom, two bathroom property comes with a modern kitchen.
Facing north over Moreton Bay, the home comes with a wraparound verandah.
The property is being offered by McGrath's Glenn Bool and Paul Shelton.
Sherrin owns Sherrin Racing, which participates in the Australian Manufactures Championship and the Australian Endurance Championship.
Michael races with David Ayres in the #19 Sherrin Rentals Racing BMW135i, while brothers Grant Sherrin and Iain Sherrin pound the tarmac in the #18 Sherrin Rentals Racing BMW135i. 
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Brisbane racing car driver Michael Sherrin selling on Champion Lane

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A building in the suburban Brisbane masterplanned Lakes Vista Office Park, located in North Lakes,  has sold for $6.75 million.
Building 12 incorporates 1,382 square metres of office and retail space, as well as 46 car park bays.
The property was purchased by Stronghold Investment Management, headed by Steve De Nys and Tony Boyd.
The sale realised an initial yield of 8.29%.
Once fully developed the office park, located just over 25 kilometres north of the Brisbane CBD, is planned to have approximately 13,228 square metres of commercial accommodation.
JLL’s Christian Sandstrom said the sale was indicative of the strength of the suburban office market in the city, with over $100 million worth of office buildings being transacted in 2016.
“Designated office parks in Brisbane have matured, with more experienced investment groups having accepted them as a designated office/employment precincts and we believe they will become increasingly popular by investors,” said Sandstrom.
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Surburban Brisbane office building sells for $6.75 million

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North Ryde is the fastest locality for unit median price growth in New South Wales, according to Investar’s latest report.
The property investment firm says that the median price for North Ryde units has increased by 56%.
This is followed by Penrith and Woolooware with 50% and Nambucca Heads with 41%.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="97">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="85">
Bedrooms
</td>
<td valign="top" width="84">
Median price
</td>
<td valign="top" width="119">
Median price growth
</td>
</tr>
<tr>
<td valign="top" width="97">
North Ryde
</td>
<td valign="top" width="64">
2113
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$869,500
</td>
<td valign="top" width="119">
56%
</td>
</tr>
<tr>
<td valign="top" width="97">
Penrith
</td>
<td valign="top" width="64">
2750
</td>
<td valign="top" width="85">
Studio and 1
</td>
<td valign="top" width="84">
$387,500
</td>
<td valign="top" width="119">
50%
</td>
</tr>
<tr>
<td valign="top" width="97">
Woolooware
</td>
<td valign="top" width="64">
2230
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$810,000
</td>
<td valign="top" width="119">
50%
</td>
</tr>
<tr>
<td valign="top" width="97">
Nambucca Heads
</td>
<td valign="top" width="64">
2448
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$445,000
</td>
<td valign="top" width="119">
41%
</td>
</tr>
<tr>
<td valign="top" width="97">
Caringbah
</td>
<td valign="top" width="64">
2229
</td>
<td valign="top" width="85">
Studio and 1
</td>
<td valign="top" width="84">
$525,000
</td>
<td valign="top" width="119">
39%
</td>
</tr>
<tr>
<td valign="top" width="97">
Shoal Bay
</td>
<td valign="top" width="64">
2315
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$550,000
</td>
<td valign="top" width="119">
37%
</td>
</tr>
<tr>
<td valign="top" width="97">
Woonona
</td>
<td valign="top" width="64">
2517
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$392,500
</td>
<td valign="top" width="119">
35%
</td>
</tr>
<tr>
<td valign="top" width="97">
Eden
</td>
<td valign="top" width="64">
2551
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$206,500
</td>
<td valign="top" width="119">
31%
</td>
</tr>
<tr>
<td valign="top" width="97">
Rosehill
</td>
<td valign="top" width="64">
2142
</td>
<td valign="top" width="85">
Studio and 1
</td>
<td valign="top" width="84">
$492,500
</td>
<td valign="top" width="119">
29%
</td>
</tr>
<tr>
<td valign="top" width="97">
Tweed Heads
</td>
<td valign="top" width="64">
2485
</td>
<td valign="top" width="85">
2
</td>
<td valign="top" width="84">
$450,000
</td>
<td valign="top" width="119">
28%
</td>
</tr>
</tbody></table>
A two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-north+ryde-124190646" target="_blank">A401/1 Allengrove Crescent</a>, North Ryde (above) has been listed for $900,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-north+ryde-123206714" target="_blank">B201/1-9 Allengrove</a>, North Ryde (below) was sold.
<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/2017/02/13/B201_1-9%20Allengrove.jpg" alt="">
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North Ryde seeing strong unit price growth: Investar

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The Surfers Paradise, Gold Coast penthouse of Andrew MacDonald, senior vice-president and chief casino officer at Singapore’s Marina Bay Sands, has been listed.
Around $3.3 million is being sought for <a href="https://www.realestate.com.au/property-apartment-qld-surfers+paradise-125033554" target="_blank">his penthouse</a> in the Mantra Chevron Renaissance Towers.
Offering views of the city skyline, ocean and hinterland, the three-bedroom apartment comes with an 80 square metre living room, three bathrooms and three balconies.
There is a heated rooftop plunge pool.
Each of the three bedrooms has an ensuite, the master with a bath enjoying the ocean views.
Kerry-Jayne Broad of Queensland Sotheby’s International has the trophy home offering.
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Surfers Paradise penthouse listed for $3.3 million plus

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An enchanting 1876 Turramurra house has been sold for $2.475 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-turramurra-124576674" target="_blank">90 Bobbin Head Road</a>, Araluen is situated on a 1400 square metre site with Turramurra station within easy reach.
Interiors include elegant original period detail with timber floors and cathedral ceilings in the living areas.
French doors opens to the standstone terrace, gardens and pool.
<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/2017/03/30/90%20Bobbin%20Head%20Road-2.jpg" alt="">
Kitchen features all European inclusions including a stone and gas kitchen.
There are five bedrooms over a dual level layout.
The property was offered through The Agency agent Janet Morrison
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1876 Turramurra house, Araluen, sold for $2.475 million

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Rental growth remains positive but is below 2% across the JLL neighbourhood and sub-regional centre portfolios, according to JLL’s latest report.
This annual report highlights the retail market industry and the views of retail centres managers on how the retail industry is doing.
Annual rental growth in neighbourhood centres rose from 0.7% in June 2016 to 1.2% in December 2016.
Annual rental growth across the sub-regional centre portfolio declined slightly from 1.8% in June 2016 to 1.5% in December 2016.
However, a number of centre managers highlighted that many tenants had expectations of reduced rents and generous incentives at the end of their current lease term, citing alternative options in neighbouring centres should their expectations not be met.
Rental growth was mixed amongst JLL managed centres, with a third of centres experiencing a decline in average rents and the remaining two thirds reporting an increase.
<a href="https://www.propertyobserver.com.au/images/2017/03/28/Figure%203.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/2017/03/28/Figure%203.jpg" alt="">
Respondents were asked to compare the level of tenant enquiry over the last six months (to December 2016) with the previous six- month period (to June 2016).
Figure 4 highlights the “net balance” in enquiry levels between December 2011 and December 2016.
<a href="https://www.propertyobserver.com.au/images/2017/03/28/Figure%204.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/2017/03/28/Figure%204.jpg" alt="">
Tenant enquiry remained below the neutral 0.0% mark, with a net balance of -6.4% compared with -7.8% in June 2016.
This is the second survey in a row of negative results after four surveys where the net balance was in positive territory.
The results highlight a continued challenging market with relatively subdued tenant enquiry levels.
Overall, response was very similar to the previous Survey covering the six months to June 2016.
Most respondents indicated no change in enquiry levels in the second half of 2016.
<a href="https://www.propertyobserver.com.au/images/2017/03/28/Figure%205.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/2017/03/28/Figure%205.jpg" alt="">
Enquiry continues to be dominated by 'mum and dad' retailers, which reflects both the high number of neighbourhood centres within the centre managers’ survey and the cautious approach being taken by national chains to expansion.
<a href="https://www.propertyobserver.com.au/images/2017/03/28/Figure%206.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/2017/03/28/Figure%206.jpg" alt="">
As with recent surveys, the stand-out sectors continue to be food based retailers and casual leasing.
However, enquiry in these sectors has been stable with at least half the respondents stating that enquiry was moderate, strong, or very strong.
There is a slight improvement in enquiry levels in the discount variety sector.
Japanese groups such as Daiso have been active in this space.
<a href="https://www.propertyobserver.com.au/images/2017/03/28/Table%202.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/2017/03/28/Table%202.jpg" alt="">
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Retail rental market remains positive despite meagre growth: JLL

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The Property Industry Foundation (PIF) held their annual Charity Sailing Day Friday 24 March raising more than $90,000 to go towards building hoes for homeless youth.
The event had over 400 sailors and 38 yachts.
Daryl Browning, Victorian Chairman of the Property Industry Foundation said these vital funds raised by the property industry will help thousands of young Victorians rebuild their lives and plan their futures.
"These funds will be distributed to our beneficiaries charities Lighthouse Foundation and Whitelion/Open Family Australia with industry members of PIF constructing these homes,” he said.
John Bertrand, event patron, met with the young guests who are involved in the charity programs and spoke with them about the experience aiming to inspire a positive change in their lives.
"The Property Industry Foundation has done a great job in supporting the endeavours to help homeless young people,” says Mr Bertrand.
Property Industry Foundation’s Charity Sailing Day was sponsored by Brookfield.
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Property Industry Foundation raises in excess of $90,000 for youth homelessness

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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