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With views of the Yarra Valley at Chirnside Park, 7 Allambi Road has been listed for sale.
The <a href="https://www.realestate.com.au/property-house-vic-chirnside+park-124833070" target="_blank">Blott House</a> is a Robin Boyd-designed house with mid-century authenticity sitting in Ellis Stones’ inspired garden.
A window-wall façade captures the northern light with an outlook over a rear garden that is suitable for either an extension and swimming pool.
The layout is framed by polished timber ceiling and floor that features a split-level lounge (open fireplace) and dining areas.
The upstairs living place is ext to a study, or third bedroom, along with two large fitted downstairs bedrooms.
<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/2017/03/3/7%20Allambi%20Road-2.jpg" alt="">
The kitchen is up to date with stainless-steel appliances, two bathrooms, laundry and ducted heating.
A wisteria-fringed alfresco entertainment terrace, return driveway and remote-control garage/workshop is also available.
The property is offered through Jellis Craig agents Belinda Anderson and Rebecca Scanlon.
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j.ballantyne1990-6AQqhLzZaK

Chirnside Park's Robin Boyd-designed Blott House listed for sale

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Melbourne is the top ranked ‘tech city’ in Australia and 14th in the world offering the infrastructure, business environment, talent pool and lifestyle to make it a strong base for tech companies, according to new research from London based international real estate advisor Savills.
And according to Victoria’s Minister for Small Business, Innovation and Trade, Philip Dalidakis, that is no surprise given the Government’s policy of taking "brand Victoria to the world’’.
While US cities dominated the top of the Tech Cities rankings – Austin (Texas) came in at number one followed by San Francisco, New York, and London, according to the Tech Cities 2017 report - the liveability of cities including Melbourne, Amsterdam, Copenhagen and Toronto, placed them above more established global tech rivals.
Savills National Head of Research in Australia, Tony Crabb, said the elevation of `liveable’ cities in the rankings centred on their strong performance in terms of ‘buzz and wellness’, factors that were likely to prove increasingly important to the tech industry in decisions on where to locate and on attracting future talent. Melbourne was ranked 8th on this index.
"Everybody here knows Melbourne’s reputation as the world’s most liveable city, a title it has taken for six consecutive years, and so it is not surprising to see how well Melbourne ranked on this metric.
That single factor may well prove, more than any other, the most critical factor in further establishing and maintaining Melbourne‘s pre-eminence in what is increasingly one of the most important employment and growth industries in the country,’’ Mr Crabb said.
Savills Tech Cities 2017 Buzz and Wellness Index 
<a href="https://www.propertyobserver.com.au/images/2017/03/07/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/2017/03/07/Chart-1.jpg" alt="">
The UK report quantified ‘buzz’ (nightlife, entertainment, culture) and ‘wellness’ (pollution levels, quality of parks, healthcare, commuting times) and the cost of living in each location to create a specific ‘city buzz and wellness index’.
It noted that given the increased focus on physical and mental wellbeing among the latest generation of workers, it could come to dominate their decision-making.
According to Nicky Wightman, Director Savills Worldwide Occupier Services, providing an environment which enables tech companies and start-ups to plug straight into the infrastructure and funding they need to be a success is an important part of any tech city.
"However this alone won’t necessarily make them attractive destinations. Young tech talent increasingly want to live in dynamic, healthy neighbourhoods within walking or cycling distance of the office.
Cities that deliver those environments are therefore likely to consolidate their positions as destinations for tech talent and occupiers who want to attract the best staff,’’ Ms Wightman said.
The report’s release follows the Victorian Government’s recent announcement that Texas-based software firm, AgileCraft, would open its Asia-Pacific headquarters in Melbourne.
Savills Tech Cities 2017 overall rankings:
<a href="https://www.propertyobserver.com.au/images/2017/03/07/Chart%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/2017/03/07/Chart%202.jpg" alt="">
Mr Dalidakis, said AgileCraft was yet another example of a leading global tech company choosing Victoria as an entry point for the Asia-Pacific market.
"Over the past two years we have taken brand Victoria to the world, attracting more and more leading global companies to invest in the state’s booming tech sector,’’ Mr Dalidakis said.
AgileCraft Chief Executive Officer Steve Elliott said Melbourne’s emerging tech sector and close proximity to Asia made it a perfect location to set up its regional headquarters and expand throughout the Asia Pacific region.
“We consider ourselves to be an innovative company at AgileCraft and the Victorian Government made it clear to us that it is trying to attract innovative businesses to the state, so we look forward to being a part of the Victorian technology ecosystem,” Mr Elliot said.
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Melbourne ranks as top ‘tech city’ in Australia

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Tasmania continues to see strong results in its prestige property market.
Villa Howden, just off the shore of North-West Bay, is the latest sale achieving $4.45 million.
Set on nearly two hectares, the former wedding venue has eight ensuited bedrooms, most with Juliet balconies.
The <a href="https://www.realestate.com.au/sold/property-house-tas-howden-124028906" target="_blank">chateau-like home </a>even comes with a grand dining room capable of seating up to 80 guests.
Unique Estate’s Australia agents Nicolette Van Wijngaarden and Dominic Romeo sold the home.
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Tasmania's Villa Howden sold

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Australia's largest dedicated Facilities Management conference kicks off this month at Sydney's International Convention Centre (ICC), Darling Harbour.
The 2017 Total Facilities event, March 29 – 30 will host a range a range of workplace experts discussing thermal comfort, making smart buildings, wellness in the workplace and co-working as a sustainable workplace solution.
A key theme will be how much further the built environment commercial sector needs to go in reducing its environmental impact.
Andrew Lawson, event manager, Total Facilities, said the exhibition and education program reflects the evolutionary nature of the industry.
“Today it’s about integrating the built assets of real estate and facilities with technology and other solutions to meet the needs of building owners and occupiers," he said.
"It is the role of a facility manager to ensure the proper operation of all aspects of a building to create a healthy, safe and cost-effective environment in which tenants can function.”
The keynote speaker at Total Facilities will be the world’s leading expert on thermal comfort, Professor Richard de Dear, Director of Sydney University’s Indoor Environmental Quality (IEQ) Lab.
He said searching for thermal pleasure may not make the priority list for employers or staff, but optimal, stimulating thermal environment in an office has transformative potential in terms of staff wellbeing and productivity.
“Research findings on enhanced air movement informs recommendations for both air conditioned and naturally ventilated buildings alike.” 
He will also bring along a life-sized thermal mannequin named Laura Palmer, whose task it is to define heat fluxes between the human body and the built environment surrounding it.
Kirsty Angerer, global ergonomics expert at Humanscale, willdebate the growing requirement for the FM industry to address health and wellbeing in commercial buildings and tenancies.
"Fruit bowls and gym memberships are a good starting point, but we need to do more in terms of wellness programs,” she said.
“Companies measure lost time due to injury and illness, but how many measure lost time due to 'discomfort' and people seeking medical assistance (physios, chiros etc) due to being in pain or feeling uncomfortable?
E"veryday simple strategies can be implemented across the office to help reduce fatigue and improve posture.”
Other headliners at this year’s Total Facilities speaker series include:
<ul>
<li>Libby Sander, respected thought leader on corporate agility, performance and workplace design, who will be sharing her ideas on co-working as generational fad or a sustainable workplace solution;</li>
<li>Kate Harris, CEO - Good Environmental Choice Australia will join with Tony Arnel, Global Director Sustainability for Norman Disney &amp; Young to consider how much further the built environment commercial sector needs to go in reducing its environmental impact; and</li>
<li>Paul Edwards, GM Workplace Experiences – Mirvac, and James Armstrong, National Director, Workplace Management Services at Colliers International, who will look at meeting the demands of the evolving workplace.</li>
</ul>
To register for a rundown on the full education program, please visit <a href="https://www.totalfacilities.com.au" target="_blank">www.totalfacilities.com.au</a>
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Facilities Management conference to tackle thermal comfort, smart buildings

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The former home of Australian Tennis legend Tony Roche is up for auction in Turramurra March 11.
It has received huge interest since being listed last month.
The property, which was purpose built by Roche in 1982 following his retirement from tennis in 1979, features a full size tennis court, which was the prototype for the “Rebound Ace” court used for tournament courts in the early 1980’s.
As one of only a handful of tennis courts of its kind, many championship players have been said to have visited the home to practice on the court prior to tournaments, including Ivan Lendl who Roche coached while owner of the property.
“Some 50 people have viewed 91B Eastern Road, Turramurra through the course of our marketing campaign,” Di Jones Real Estate Sales Agent Adam McKay said.
<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/2017/03/06/91B%20Eastern%20Road-2.jpg" alt="">
The large single-level home on 3290sqm features five bedrooms, three bathrooms and two car parks.
The property was purchased by the current vendors in 1989 for $1,130,000.
It has a price guide of $3,300,000 to $3,600,000.
The property at <a href="https://www.realestate.com.au/property-house-nsw-turramurra-124760230" target="_blank">91B Eastern Road, Turramurra</a>, is up for auction on Saturday 11 March at 11.00am.
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Slice of tennis history on offer at Turramurra

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A development in Sydney's Blacktown has been listed for JV or complete sale with existing DA approval for an 18 storey, 160 apartment site.
The Austcorp Property Group development, First on First, 2 - 6 First Avenue Blacktown is on the market through CBRE and Matrix Property Group.
Trevor Chappell, Austcorp Director said there is a price differential in Blacktown compared to Parramatta, where values have ballooned.
“Lucy Turnbull's Greater Sydney Commission (GSC) has designated Parramatta as Sydney's second CBD and noted it as the fastest growing CBD in the GSC's three cities concept for the Sydney metropolis," he said.
“First on First will be one of the first large scale developments in Blacktown under the new SEPP 65 rules, with high ceilings (2.7m or 9 feet), large balconies, storage for all apartments and excellent light and solar access."
 Andrew Antonas, managing director, Matrix Property Managing Director, said First on First is designed to sell at prices affordable for typical Sydney first home buyers in a vibrant CBD location next door to a major rail station.
“Blacktown is booming with its expanding employment opportunities and is an education hub with its abundant public and private schools, University and TAFE."
The project has been designed by HBO+EMTB, with apartments ranging from $450,000 - $700,000.
Expressions of Interest close March 15, 2017.
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Blacktown's 160 apartment project is put on the market

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March 2017 marks a significant milestone for real estate group Harcourts Group Australia as the company celebrates its 20th anniversary.
The iconic real estate brand, originally established in New Zealand and named Harcourt &amp; Co, was established in 1888 by John Bateman Harcourt and has since become an international brand.
Over the past 20 years, Harcourts has experienced astonishing growth, with over 400 offices throughout Australia, and now ranking amongst the country’s top three real estate companies.
Harcourts has also expanded across the globe and now boasts operations in 10 countries including Australia, New Zealand, the United Arab Emirates, China, Fiji, Hong Kong, Indonesia, South Africa, Canada and the USA.
In the past 12 years, Harcourts has also launched its own registered training organisation in Australia, The Harcourts Academy, which was recognised in 2016 as the Training and Education Program of the Year by REB.
In 2008, Harcourts launched its own charitable arm, The Harcourts Foundation which provides financial support that helps, grows and enriches local communities.
Since its establishment, the Foundation has raised over $4.5 million in charitable grants.
Harcourts is also the exclusive member of Luxury Property Selection - a unique international marketing programme for luxury real estate.
“As a company, we are incredibly proud of what we have achieved in Australia over the past 20 years and attribute Harcourts’ success to our values – people first, doing the right thing, being courageous, and fun and laughter,” said Mike Green, Managing Director of Harcourts International.
“We are a family owned business, and our culture is a critical element of our growth and while we have continued to expand internationally, we have maintained our focus on our values, purpose and strengthening that culture,” said Mr Green.
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Harcourts Group Australia celebrates 20 years

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The weather patterns over the past four weeks have been breaking records for all the wrong reasons, according to Herron Todd White’s latest report.
The property valuation firm says that the dry and hot conditions have been felt right across southern Queensland.
In far western Queensland, Thargomindah broke the hottest day record for February at 47 degrees whilst it was also the hottest day and number of consecutive days reaching over 40 degrees on the Border River and Darling Downs areas.
“What the present weather conditions are doing we believe is stalling some of the renewed market confidence,” the report commented.
Growers and cattle producers are very cautious on the current weather outlook especially within the less traditionally secure rainfall areas but also because of the recent extended dry seasonal conditions.
The exceptional heat has dried off pastures, reduced surface water for stock needs and impacted summer crops, especially down grading or loss of mung bean crops.
Every shire west of the Great Divide in southern Queensland is drought declared with many being so since 2013 (fourth year).
Obviously seasons have always been a major deciding factor on profitability for the majority of agriculture enterprises.
Despite dry seasonal conditions being not necessarily uncommon, the extended dry periods and less than ideal long range forecasts may be of concern for producers wanting to expand but budgeting on improvement in the season which hasn’t eventuated.
What is the likelihood of stacking together exceptional cattle prices and wet seasonal conditions anyhow?
If anything, the present dry conditions are giving over anxious purchasers a reality check and possibly softening the aggressive purchasing by some parties as observed.
One of the drivers in the property market for both cropping and grazing country is landholders looking to acquire adjoining or near neighbouring properties.
“We are seeing premiums between 10% and 25% paid where strong competition exists. We have seen this trend occur within the Inner Downs, Goondiwindi, Condamine and Taroom market areas,” the report stated.
Subject to the potential demand for a neighbouring property some landholders are trying to negotiate a deal prior to being listed on the market.
However in markets primarily driven purely by local investors it can be difficult to determine the actual premium for those seeking economies of scale although there is evidence of a disconnect in comparison to other neighbouring areas.
The overall market has been slow for the beginning of 2017, however many properties previously listed for extended periods are now either generating increased buyer interest or are under contract.
For the southern part of Queensland there has been an increase in sale rates that has continued since 2014.
For 2016 the liquidity of the market has levelled despite data-set lagging indicating the decline.
In addition the median sales price has also firmed as evident in the sales graph below.
A 481 hectare cropping land at <a href="https://www.realestate.com.au/property-cropping-qld-goondiwindi-7881290" target="_blank">Lot 46 Tenomby</a>, Goondiwindi (above) has been listed for $980,000.
Similarly the <a href="https://www.realestate.com.au/property-lifestyle-qld-condamine-7791554" target="_blank">Tolmah Homestead</a> at Condamine has been listed for $750,000.
<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/2017/03/06/Condamine.jpg" alt="">
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Weather patterns stalling South Queensland's rural market confidence: HTW

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The property market for large scale horticultural enterprises in the Sunraysia region has shifted dramatically over recent years, according to Herron Todd White’s latest report.
The property valuation firm says that in the period from 2007 to 2014, properties would be advertised extensively and selling periods would often extend over 12 months.
In the past year or so, there have been numerous examples of owners of large properties receiving unsolicited approaches from corporate buyers (or their brokers) wishing to buy their property.
“We are regularly being asked by owners of these properties for advice on what they should do.
Additionally we are consistently receiving requests from agents for help in identifying the ownership of or suitable properties which may fit their investment strategies,” the report stated.
Corporate buyers appear most motivated to buy properties which have scope to complete further development, reinforcing their belief that the current good returns from industries such as table grapes, citrus and almonds will be maintained for some time to come.
“As we reported in the February edition there were three sales of substantial table grape enterprises in the latter half of 2016, with the buyers being two separate international investment funds and a recently listed Australian agribusiness company.
The strong demand appears to have continued into the early part of 2017, noting that we are aware of negotiations for the purchase of a number of properties,” the report stated.
There are also currently a number of companies either overtly or covertly scoping out suitable properties to develop large scale, flat plate solar farms.
It is not clear at this stage whether any of these proponents will end up buying and developing the properties for this use, however there appears to be some current momentum for this to happen.
The first of such proponents, Overland Sun Farming, recently launched its $500 million plans to build three large scale solar farms at Yatpool, Iraak and Wemen (all south of Mildura) commencing in June 2017.
It is expected that the total combined output will be 320 megawatts which is enough to power all households in Geelong, Ballarat and Bendigo.
Whilst previous proposed projects have failed to materialise in the region the current operators reportedly have the funding and contractual arrangements in place to ensure these projects will be built and operational by early 2018.
Whilst traditionally sale activity in the cropping and pastoral sectors in the December to February time frame is generally low Herron Todd White notes that there has been some good sales activity.
Thurla Farms at Redcliff (above) has been <a href="https://www.realestate.com.au/property-horticulture-vic-mildura-7693771" target="_blank">listed for sale</a>.
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Horticultural sales markets in Mildura hasten dramatically: HTW

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Units in Brisbane are in a declining market according to the March property clock from Herron Todd White, with apartments in Canberra, Townsville and the Whitsundays at the bottom of the market.
Melbourne, the New South Wales Central Coast, Gold Coast and Newcastle are at market peak.
Apartments in Brisbane began to decline last month.
According to Herron Todd White's latest report you don’t need much coin to enjoy Brisbane, but the city does struggle to snag the sort of numbers (both in transactions and values) that Sydney and Melbourne property achieve.
"Among the major cities, Brisbane really is one that has plenty to offer the entry-level investor, but initial steps must include a realistic assessment of your finances and the ability to compromise now, in order to benefit later," HTW said.
<a href="https://www.propertyobserver.com.au/images/2017/03/5/Screen%20Shot%202017-03-05%20at%201.27.20%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/2017/03/5/Screen%20Shot%202017-03-05%20at%201.27.20%20pm.jpg" alt="">
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"If you’re willing to position yourself a reasonable distance from the CBD, there are a plethora of options for first time buyers and investors.
"It’s all about realising this first purchase won’t necessarily be a home on the hill in St Lucia or penthouse in New Farm.
Target something that’s had some wear and tear but still includes that key property component of location. Nearby services and facilities are major factors in price growth.
"You can renovate the improvements, but you can’t relocate the real estate.
"Locations that are worth considering for first homeowners should include those with a comparably lower median house price.
"Think about addresses such as Runcorn, Calamvale, Drewvale, Doolandella, Salisbury, Coopers Plains, Heathwood and Forest Lake. Look for housing priced at sub-$600,000 (which is the typical Brisbane median house price). Although you are competing with investors in these locations, with enough preparation, you stand a great chance of nding your first home.
"Another area to search is our western corridor through to Ipswich. This patch offers some of our region’s lowest entry-level price points, and with great access to all the facilities you’d expect of a big city. There’s also great transport options if you do need to commute into the capital’s CBD.
Check out the suburb of Camira for some of those cheaper, larger blocks. If new housing is more your bag, then Springfield and Springfield Lakes are popular suburbs for first home buyers where there is affordability and proximity to both great public infrastructure and transport. It’s also kind of nice to be living in a brand new or near new home for your first foray into residential. However if you do choose second hand, it’s possible to get a three-bed, two-bath, one-car car dwelling on a small allotment at Spring eld Lakes from $330,000 to $380,000. There’s also the option to buy a townhouses or unit, although these historically don’t achieve the same capital growth as houses.
"If you’re an entry-level investor looking to be part of Brissie, then you’re probably considering units and townhouses at the moment – but as we’ve been warning for some time now, be careful!
"Off-the-plan investor stock that has limited appeal to owner- occupiers is at oversupply and the potential for capital gain is limited.
"Many investors are also looking at detached homes. We’ve seen a trend towards housing in areas like Sunnybank Hills, Macgregor and Coopers Plains where investors buy highset housing and rent out the lower level separately to increase the return.
"In the western corridor once more, investors like Redbank Plains, Gailes and Collingwood Park. These suburbs have very low price points for established housing and while touts can be modest, rent returns are strong.
"Overall, our advice for first time buyers is to be prepared and look for smart strategies that help you get into the market. Maybe there’s the option of gaining support from the bank of “mum and dad”. Even if they don’t have the ready cash, going guarantor on a loan can be great step up from your folks."
Property Observer found a two bedroom apartment with city views, <a href="https://www.realestate.com.au/property-unit-qld-brisbane+city-124760210" target="_blank">193/18 Tank Street</a> on the market for around $500,000 (below).
It last traded for $520,000 at the start of 2016.
<img src="https://www.urban.com.au/images/2017/03/06/Screen%20Shot%202017-03-06%20at%2010.25.21%20AM.png" alt="">
 
A two bedroom, two bathroom inner city apartment with one car space, <a href="https://www.realestate.com.au/property-apartment-qld-brisbane+city-124871846" target="_blank">7026/7 Parkland Boulevard</a> Brisbane City, (below) is on the market for $649,000.
It last sold for $620,000 in 2015.
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March Brisbane apartment market in decline: HTW property clock

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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