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Sekisui House is launching four new intelligent SHAWOOD home designs in its $930 million masterplanned community - The Hermitage in Sydney’s Gledswood Hills.
Eighteen double storey completed designer homes, including the new collection, will be released in late March with prices starting from $759,000.
Craig Barnes,  Sekisui House estate sales and customer relations Manager, said that the company had invested a significant amount of time and research in developing the sophisticated new designs.
“SHAWOOD is resetting the standard for home building in Australia by combining the very best in Japanese organic design principles and pre-engineered technology to deliver innovative building solutions to the market,” he said.
“Since launching in late 2014, home buyers have embraced the opportunity to purchase a SHAWOOD home at The Hermitage, Gledswood Hills. "
"Purchasers from the local area are expected to show strong interest.
"We are also now starting to witness a shift towards buyers relocating from north west regions.”
<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/2017/03/23/20161103_SH-282_2mb.jpg" alt="">
The four new designs are named Type K, Type Cr, Type Ca and Type Nc.
Features include four bedrooms, two expansive levels, light filled void areas, exposed timber feature beams, generous rear yards, landscaped grounds, ducted air conditioning and innovative SHAWOOD architectural components.
Completed homes range in size from 221 sqm to 271 sqm. Seven home designs are available as part of the new release with completion expected in late 2017.
The Hermitage is a 320 hectare masterplanned community that will eventually comprise over 2,000 new dwellings in the heart of Sydney’s fastest growing regions, the South West.
It boasts 150 hectares of green open space, including dedicated parklands and a 27 hole golfing precinct, boasting a premiere nine hole course designed and constructed by Greg Norman.
<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/2017/03/23/20161103_SH-300_2mb.jpg" alt="">
For further information visit <a href="https://www.shawoodaustralia.com.au" target="_blank">www.shawoodaustralia.com.au</a>, <a href="https://www.thehermitagesydney.com.au" target="_blank">www.thehermitagesydney.com.au</a> or call 1800 113943.
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j.ballantyne1990-6AQqhLzZaK

Sekisui House to build 18 SHAWOOD homes at Gledswood Hills

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A Noosaville home that has been rated HIA Queensland home of the year has been listed for $11.9 million.
Located at <a href="https://www.realestate.com.au/property-house-qld-noosaville-124707310" target="_blank">29-31 Wyuna Drive</a>, the property sits on 1228 sqm of land and has 45 metres of water frontage facing to the north.
There are six bedrooms on the property, all with ensuites, as well as a spacious office/study and media room.
Kitchen has state of the art appliances along with an outdoor kitchen/BBQ and butler’s pantry.
A 25 metre infinity pool is featured on the property along with solar heating to the pool itself.
There is also two boat jetties as well as a boat ramp and drive thru boatshed.
Other features includes vacu-maid, security system, dual hot water system and a self-contained caretaker wing.
The property is offered through Tom Offermann Real Estate agent John Dover.
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Noosaville riverfront house listed for $11.9 million

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The Murrumbidgee council area is the top-performing market in the country, according to CoreLogic.
CoreLogic said when it comes to market growth the Riverina town is number one.
The area’s median house prices have ballooned in the past 20 years, recording a growth of 13 percent per annum.
Tim Lawless, CoreLogic’s director of research, attributed the growth to an influx of new housing and strong local economic conditions.
“Prices have moved from an extremely low base which can magnify the percentage change," he said.
<a href="https://www.propertyobserver.com.au/images/2017/03/29/Chart-1.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/2017/03/29/Chart-1.jpg" alt="">
"Despite such a high growth rate over 20 years, the median prices is still less than $170,000.
“The vast majority of this growth occurred between 1998 and 2003 when the median price moved from slightly under $12,000 to $123,000 over this five year period.”
The most active suburb Coleambally recorded 18 sales in the past 12 months while 14 properties in Darlington Point changed hands in that period, CoreLogic RP Data showed.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-darlington+point-122624202" target="_blank">7 Demamiel Street</a>, Darlington Point (above) has been listed for $209,000.
A four bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-coleambally-122568658" target="_blank">39 Sandpiper Street</a>, Coleambally (below) had its price reduced to $215,000.
<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/2017/03/29/39%20Sandpiper%20Street.jpg" alt="">
Similarly a five bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-darlington+point-120988250" target="_blank">38 Kook Street</a>, Darlington Point (below) has been listed for $199,000.
<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/2017/03/29/38%20Kook%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-darlington+point-124395470" target="_blank">13 Carrington Street</a>, Darlington Point (below) was recently sold for $164,000.
<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/2017/03/29/13%20Carrington%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-darlington+point-124031414" target="_blank">17 Hay Street</a>, Darlington Point (below) was sold for $164,000.
<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/2017/03/29/17%20Hay%20Street.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-coleambally-123401794" target="_blank">37 Sandpiper Street</a>, Coleambally (below) was sold for $115,000.
<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/2017/03/29/37%20Sandpiper%20Street.jpg" alt="">
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Murrumbidgee LGA has highest growth market in the past 20 years

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A historic house in Adelaide has been listed for auction on 1 April.
Located at <a href="https://www.realestate.com.au/property-house-sa-adelaide-124880446" target="_blank">55 Symonds Place</a>, the 1860 Victorian home has been listed on the SA Heritage Register.
Featuring original high ornate ceilings with Victorian Coves and ceiling roses as well as a central hallway with Gothic arches.
A formal lounge consists of a fireplace and original painted ornate ceilings while a separate formal dining room has gas fire and a built-in whiskey cabinet.
The kitchen has quality cabinetry including a breakfast bar, William Morris designed glass splashbacks and heritage style 5 burner Falcon freestanding cooker.
A double ceramic sink and Bosch dishwasher are also included in the kitchen.
The master bedroom has its own built-in wardrobes, a heritage inspired ensuite with claw’n ball tub, shower and toilet.
<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/2017/03/27/55%20Symonds%20Place-2.jpg" alt="">
One bedroom includes a built-in day bed, original features and another has direct access to the garden.
Garden includes Magnolia, Crepe Myrtle, Candensis, lemon, fruit trees, veggie patch and rare plants
The property is offered through Ray White agents Nick Psarros and Nathaniel Kennerdale.
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Heritage listed 1860s Adelaide house listed for auction

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A beachfront boat shed at Indented Head has been sold for $116,000.
Located at <a href="https://www.realestate.com.au/sold/property-house-vic-indented+head-124592498" target="_blank">Boat Shed No. 11 Indented Head Foreshore</a>, the property is a few steps from Half Moon Bay’s sandy white beach.
It offers direct access to Port Phillip Bay’s waters with a views of the Melbourne CBD skyline.
<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/2017/03/29/Boat%20shed-2.jpg" alt="">
Recently the boat shed had been renovated in heritage colours.
It has a myriad of water-based activities on its doorsteps including boating, fishing and snorkelling.
The property was offered through Neville Richards Real Estate agents Luke Campbell and Trevor McManus
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Beachfront Indented Head boat shed sold for $116,000

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Most Melbourne apartments are failing to meet minimum design requirements, according to Secret Agent’s latest bulletin.
The website recently released its findings on the state of recently built apartments in comparison to the Better Apartments Design Standards.
"What we found only confirmed our intuitive assumptions of inner Melbourne’s apartments: they’re generally hard to live in.
"While our full report dove into detail about each standard, this bulletin sums up the results of the overall study to shed light on the bigger picture, see the table below.
"We sampled 3000 apartments built in the last 6 years across 21 suburbs in Melbourne,” the report stated.
<a href="https://www.propertyobserver.com.au/images/2017/03/16/Screen%20Shot%202017-03-16%20at%203.39.53%20pm.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/2017/03/16/Screen%20Shot%202017-03-16%20at%203.39.53%20pm.jpg" alt="">
Overall, 99.7 percent (2,991 apartments) failed to meet all the minimum requirements.
Only 9 apartments passed the seven standards we assessed (main bedroom dimensions, smallest bedroom dimensions, living room dimensions, private open space, windows, room depth, storage).
Out of these, 4 were 1 bedroom units, and 5 had 2 bedrooms.
<ul>
<li>94.2 percent (2,826 apartments) had balconies that were too small, or had none at all.</li>
<li>92.3 percent (2,770 apartments) were too small in terms of both bedrooms and living rooms, failing to meet all minimum dimensions.</li>
<li>84 percent (2,520 apartments) had either bathrooms or corridors that were too small. These failed accessibility standards.</li>
<li>70 percent (2,100 apartments) were not well-ventilated. Most of these only had windows on one side of the apartment, with the opposite wall facing the internal corridors.</li>
<li>52 percent (1,560 apartments) did not provide adequate sunlight to bedrooms. More than half of our sample either had no windows to their bedrooms, or had ‘snorkel’ windows that were deeper than allowed.</li>
<li>15.6 percent (468 apartments) were too deep, reducing natural light in parts of the living and dining areas.</li>
</ul>
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Melbourne apartments failing minimum design requirements

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An childcare investment property at Tamworth has been listed for sale.
Located at <a href="https://www.realcommercial.com.au/property-medical+consulting-nsw-tamworth-502320806" target="_blank">8 Patrick Street</a>, the property has a five year lease to G8 Education until May 2029.
There is two further 5 year options to extend until May 2039.
It has a fixed annual rental increase of 4 percent plus ‘ratchet’ provisions.
The property is well maintained and licensed for 38 places with all outgoing fees paid for by the tenant.
It has a net income of $97,525 per annum plus GST.
Positioned in a highly regarded place TAFE New England is 200 metres away while Tamworth’s CBD is only a kilometre.
The auction is on April 4 through Burgess Rawson agents Dean Venturato, Natalie Couper and Adam Thomas.
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Tamworth childcare investment property listed for sale

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Bendigo has an oversupply of houses relative to rental demand, according to Herron Todd White’s latest report.
The property valuation firm says that Bendigo has a fair demand for new houses.
<a href="https://www.propertyobserver.com.au/images/2017/02/10/Screen%20Shot%202017-02-10%20at%202.46.01%20pm.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/2017/02/10/Screen%20Shot%202017-02-10%20at%202.46.01%20pm.jpg" alt="">
This is supported by a steady trend in new house construction as well as a steady volume of houses being sold.
However Bendigo’s housing market sees new properties frequently being sold at prices that exceed their potential resale value.
A four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-bendigo-124876826" target="_blank">8 Flood Street</a>, Bendigo (above) has been listed for between $480,000 to $520,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-bendigo-124957438" target="_blank">163 Mitchell Street</a>, Bendigo (below) has been listed for between $540,000 to $560,000.
<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/2017/03/21/163%20Mitchell%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-bendigo-420779062" target="_blank">325 Barnard Street</a>, Bendigo (below) is available from $450 per week.
<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/2017/03/28/325%20Barnard%20Street.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-bendigo-415464519" target="_blank">27 Bayne Street</a>, Bendigo (below) is available from $250 per week.
<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/2017/03/28/27%20Bayne%20Street.jpg" alt="">
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Oversupply of rental houses at Bendigo: HTW

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Northcote Hill townhouses and apartments recently reached completion.
The boutique four storey development for Landream comprises 35 townhouses and nine apartments that capitalise on the sloping site. 
Positioned near the peak of Northcote Hill, many residences afford panoramic views towards the city from inner suburban Melbourne.
Project Principal David Forbes said Northcote Hill’s point of difference was the elevated outlook. The homes are designed to the finest detail for a modern inner urban lifestyle with contemporary open plan living spaces.
Each home has a generous courtyard, balcony or terrace. 
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Northcote Hill townhouses completed

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Middleton Grange has had the biggest housing stock decline in New South Wales, according to Investar’s latest report.
The property data firm says that housing stock in Middleton Grange has fallen by 71 percent from a year ago.
This is followed by Burradoo with a 63 percent decline in stock and Stanhope Gardens 62 percent down.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Median price
</td>
<td valign="top" width="106">Current sales stock</td>
<td valign="top" width="106">
Sales stock 1 year ago
</td>
<td valign="top" width="106">
Sales stock decline
</td>
</tr>
<tr>
<td valign="top" width="106">
Middleton Grange
</td>
<td valign="top" width="106">
2171
</td>
<td valign="top" width="106">
$797,000
</td>
<td valign="top" width="106">30</td>
<td valign="top" width="106">
106
</td>
<td valign="top" width="106">
71%
</td>
</tr>
<tr>
<td valign="top" width="106">
Burradoo
</td>
<td valign="top" width="106">
2576
</td>
<td valign="top" width="106">
$1,490,000
</td>
<td valign="top" width="106">22</td>
<td valign="top" width="106">
61
</td>
<td valign="top" width="106">
63%
</td>
</tr>
<tr>
<td valign="top" width="106">
Stanhope Gardens
</td>
<td valign="top" width="106">
2768
</td>
<td valign="top" width="106">
$840,000
</td>
<td valign="top" width="106">20</td>
<td valign="top" width="106">
54
</td>
<td valign="top" width="106">
62%
</td>
</tr>
<tr>
<td valign="top" width="106">
Smithfield
</td>
<td valign="top" width="106">
2164
</td>
<td valign="top" width="106">
$749,000
</td>
<td valign="top" width="106">21</td>
<td valign="top" width="106">
52
</td>
<td valign="top" width="106">
59%
</td>
</tr>
<tr>
<td valign="top" width="106">
Cambridge Park
</td>
<td valign="top" width="106">
2747
</td>
<td valign="top" width="106">
$560,000
</td>
<td valign="top" width="106">22</td>
<td valign="top" width="106">
52
</td>
<td valign="top" width="106">
57%
</td>
</tr>
<tr>
<td valign="top" width="106">
Fairfield West
</td>
<td valign="top" width="106">
2165
</td>
<td valign="top" width="106">
$697,000
</td>
<td valign="top" width="106">20</td>
<td valign="top" width="106">
47
</td>
<td valign="top" width="106">
57%
</td>
</tr>
<tr>
<td valign="top" width="106">
Kellyville Ridge
</td>
<td valign="top" width="106">
2155
</td>
<td valign="top" width="106">
$940,000
</td>
<td valign="top" width="106">20</td>
<td valign="top" width="106">
46
</td>
<td valign="top" width="106">
56%
</td>
</tr>
<tr>
<td valign="top" width="106">
Castle Hill
</td>
<td valign="top" width="106">
2154
</td>
<td valign="top" width="106">
$1,350,000
</td>
<td valign="top" width="106">56</td>
<td valign="top" width="106">
128
</td>
<td valign="top" width="106">
56%
</td>
</tr>
<tr>
<td valign="top" width="106">
Condell Park
</td>
<td valign="top" width="106">
2200
</td>
<td valign="top" width="106">
$844,500
</td>
<td valign="top" width="106">18</td>
<td valign="top" width="106">
41
</td>
<td valign="top" width="106">
56%
</td>
</tr>
<tr>
<td valign="top" width="106">
Tura Beach
</td>
<td valign="top" width="106">
2548
</td>
<td valign="top" width="106">
$489,000
</td>
<td valign="top" width="106">41</td>
<td valign="top" width="106">
92
</td>
<td valign="top" width="106">
55%
</td>
</tr>
</tbody></table>
A four bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-middleton+grange-124615266" target="_blank">107 Robey Avenue</a>, Middleton Grange (above) has been listed for sale.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-middleton+grange-124347794" target="_blank">173 Middleton Drive</a>, Middleton Grange (below) has been recently sold for $780,000.
<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/2017/03/1/173%20Middleton%20Drive.jpg" alt="">
Similarly a four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-middleton+grange-123503734" target="_blank">4 Elevon Street</a>, Middleton Grange (below) has been sold for $790,000.
<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/2017/03/1/4%20Elevon%20Street.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-middleton+grange-124502198" target="_blank">24 Stanley Avenue</a>, Middleton Grange (below) was recently sold for $725,000.
<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/2017/03/15/24%20Stanley%20Avenue.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-burradoo-124982886" target="_blank">3 Moyne Close</a>, Burradoo (below) has been listed for between $1.3 million to $1.43 million.
<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/2017/03/15/3%20Moyne%20Close.jpg" alt="">
A five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-burradoo-123905358" target="_blank">22 Charlotte Street</a>, Burradoo (below) was recently sold for $1.37 million.
<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/2017/03/15/22%20Charlotte%20Street.jpg" alt="">
 
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Middleton Grange scores highest housing stock decrease in New South Wales: Investar

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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