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An Edna Walling inspired property in Frankston remains listed for sale. It was initially listed in May with $3.5 million to $4 million price guidance.
Located at <a href="https://www.realestate.com.au/property-house-vic-frankston-124190222" target="_blank">10-12 Somme Avenue</a>, the house combines 1920s architecture and modern designs. 
Sitting on 3,070 square metres of land, the four-bedroom, two-bathroom house comes with hydronic heating. 
The property is offered by Terry Sparks at T.J Sparks in Mount Eliza. It last sold in 1989 for $850,000 for 10 Somme Avenue and $330,000 for 12 Somme Avenue.
The median house price in Frankston is $440,000 according to CoreLogic RP Data.
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j.ballantyne1990-6AQqhLzZaK

Edna Walling inspired Frankston property still on the market

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A brand new Brisbane home, complete with striking internal glass-walled garage, has been sold, though Roxanne Liu of LJ Hooker Sunnybank Hills.
The contemporary Robertson home was built by commercial developer Satomi Telecican who built it as part of a subdivision project.
The modern garage offers <a href="https://www.realestate.com.au/sold/property-house-qld-robertson-123320558" target="_blank">space for three cars</a>, with one side sectioned off to provide a glassed gallery for showcasing your most prestigious car internally in the main entry foyer of the home.
Set on 718 sqm with a landscaped frontward, the five bedroom, five bathroom residence was listed at $2.88 million in September by LJ Hooker Sunnybank Hills selling agent Roxanne Liu.
The price was reduced to $2.68 million. It was built with concrete and steel and featuring a suspended concrete slab between its two levels.
This article was first published in the Weekend Australian Mansion Australia property section.
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Park the car in the Brisbane home foyer

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Darwin has a large oversupply of units relative to demand, according to Herron Todd White’s latest report.
The property advisory firm says that there has been an increasing trend in rental vacancy while the demand for new units has been very soft.
<a href="/images/2016/12/07/HTW%20-%20NT%20Units.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/12/07/HTW%20-%20NT%20Units.jpg" alt="">
However both the trend in new unit construction and volume of unit sales is declining.
This may be because Darwin’s unit market is declining while new properties are frequently sold at prices exceeding their potential resale value.
A recent sale at Darwin is at <a href="https://www.realestate.com.au/sold/property-apartment-nt-darwin+city-123558910" target="_blank">4/6 Foelsche Street </a>(above) which sold for $425,000.
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Large oversupply of units in Darwin: HTW

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The balanced Townsville property market was beginning to show signs of an oversupply of houses relative to demand, according to Herron Todd White’s latest report.
The property advisory firm says that Townsville’s rental vacancy trend is steady while there is a fair demand for new houses.
<a href="/images/2016/12/06/HTW%20-%20QLD%20Houses.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/12/06/HTW%20-%20QLD%20Houses.jpg" alt="">
Both the trend in new houses being built and the volume of houses being sold remain steady.
Currently Townsville’s housing market is at the bottom while new properties are almost never sold at prices that exceed their potential resale value.
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Townsville's house rental vacancy trend remains steady: HTW

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Coonamble is the cheapest locality in New South Wales to purchase a house, according to Investar’s latest report.
The property investment firm says that Coonamble’s median price has fallen by 18 percent from $110,000 to $90,000 over the past year.
This is followed by Broken Hill with $99,000 and Wellington with $140,000.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="76">
Suburb
</td>
<td valign="top" width="54">
Postcode
</td>
<td valign="top" width="60">
Bedrooms
</td>
<td valign="top" width="120">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="76">
Coonamble
</td>
<td valign="top" width="54">
2829
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$90,000
</td>
</tr>
<tr>
<td valign="top" width="76">
Broken Hill
</td>
<td valign="top" width="54">
2880
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$99,000
</td>
</tr>
<tr>
<td valign="top" width="76">
Wellington
</td>
<td valign="top" width="54">
2820
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$140,000
</td>
</tr>
<tr>
<td valign="top" width="76">
Deniliquin
</td>
<td valign="top" width="54">
2710
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="76">
Junee
</td>
<td valign="top" width="54">
2663
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$155,000
</td>
</tr>
<tr>
<td valign="top" width="76">
Cowra
</td>
<td valign="top" width="54">
2794
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$159,000
</td>
</tr>
<tr>
<td valign="top" width="76">
Narrandera
</td>
<td valign="top" width="54">
2700
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="120">
$170,000
</td>
</tr>
</tbody></table>
A two bedroom home at Coonamble can be purchased for the median price of $90,000 such as the one at <a href="https://www.realestate.com.au/property-house-nsw-coonamble-123474118" target="_blank">38 Edward St</a> (above) that is for sale for $99,000.
Similarly a two bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-coonamble-119890693" target="_blank">37 Dubbo Street </a>(below) was sold for $83,000.
<img src="/images/2016/12/08/37%20Dubbo%20Street.jpg" alt="">
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Coonamble houses priced at $90,000: Investar

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A Melbourne investor investor has paid $1.425 million on 2 percent yield for a Footscray warehouse with development potential
The property, 112 Buckley Street, is a 435 square metre office and warehouse on a 646 square metre site sold subject to a monthly lease to an auto repair business returning $28,560 per annum net.
Selling agent Julian Heatherich from Savills said it was a prime development site with the potential for a six level building and an existing tenancy providing holding income, sold as a long term investment.
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Investor buys Footscray site on 2 percent yield

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The Northern Beaches took the top spot in Sydney for the highest auction clearance rate at the weekend, according to CoreLogic’s latest weekly report.
The property data firm says that out of the 90 known auctions in Northern Beaches 88 percent were sold.
This is followed by Ryde and the Eastern Suburbs both with 85% and Inner West, North Sydney and Hornsby with 84 percent.
<a href="/images/2016/12/05/Sydney%20sub%20regions.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/12/05/Sydney%20sub%20regions.jpg" alt="">
The region with the lowest auction clearance rate was the South West where only 58% of its 48 auctions reported were sold.
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Sydney's South West has weakest auction clearance rate: CoreLogic

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After posting some healthy looking results over recent quarters, figures released today show Australia’s economy contracted during the September 2016 quarter marking the first quarterly decline in Gross Domestic Product (GDP) since 2011 and only the third quarterly decline in the last decade.
A decline in GDP was not unexpected, however the magnitude of the decline makes the result worthy of closer scrutiny, said Geordan Murray, economist at the Housing Industry Association.
“The value of investment in residential building declined by 1.4 percent in the quarter, however it remains 7.2 percent higher than in the September quarter a year earlier.
In the context of the residential building cycle reaching a record high, the decline in investment in the sector and the role that it played in the overall contraction in GDP is likely to be a point of discussion,” he said.
The 1.4 percent decline in aggregate investment in residential building was the result of a 1.6 percent decline in work done building dwellings, and a 1.0 percent reduction in renovations activity.
“Quarter by quarter fluctuations are expected and poor weather has been blamed for the weak result for the construction sector in the September 2016 quarter.
The latest quarterly decline is not likely to herald the turning point for residential investment just yet, he noted.
There is still a significant volume of work that remains to be done on projects at various stages of construction which will see the level of investment remain at a historically high level over the next few quarters.”
“With GDP contracting by 0.5 percent in the September quarter it will be tempting to focus on the negative headline result.
It is worth noting that the most significant factor detracting from growth was a reduction in capital investment by the various levels of government.
A reduction in defence expenditure was a significant item, while there was also a significant reduction in capital investment by state and local governments,”
“Looking at private sector investment, results continue to be mixed. On the positive side, investment in machinery and equipment increased and the agricultural sector made a strong contribution to growth.
However, this was outweighed by quite a significant drop in new non-residential building along with the modest reduction in residential building investment.
In addition, the widely anticipated contraction in mining related engineering investment continues to weigh on growth,” concluded Geordan Murray.
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Housing unexpectedly bites as GDP declines

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Popular property television series Selling Houses Australia has selected a Cobbitty property for its next series given that it has been languishing on the market.
The inspectees at a recent open for inspection were told to come back once the renovation of the three bedroom home was undertaken by property expert Andrew Winter, the landscaper Charlie Albone and interior designer Shaynna Blaze.
Though it has been advertised by United Acreage agent Tanya Novek as an opportunity to 'build your dream home and remove the existing older style dwelling'.
The three bedroom home on 2,000 sqm has been on the market for <a href="https://www.domain.com.au/220a-cobbitty-road-cobbitty-nsw-2570-2012867333" target="_blank">over five months</a>, coming with a price guide of between $778,000 to $865,000.
It last traded for $349,500 in 2002. 
The Foxtel Lifestyle show, which dispenses advice on the property's sellability, is in its ninth series.
It has won ASTRA Awards for Most Outstanding Lifestyle Program and Viewer's Favourite Program, as well as often being the highest rated Lifestyle Channel series.
This article first appeared in the Daily Telegraph.
 
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Selling Houses Australia to makeover cinderella Cobbitty property

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A gold mine in Georgetown in central far north Queensland has been listed for sale for $5.5 million.
Located around 380 kilometres west of Cairns, the gold mine covers part of the <a href="https://mooloolaba.ljhooker.com.au/land_development-in-georgetown-qld-4871-au-hrygwq#.WEiiX1fbrFJ" target="_blank">historic Etheridge Goldfield</a>, Georgetown and the Palmer River.
The sale will secure the leases and some of the mining equipment.
Potential investors can make an immediate start to produce gold with a lease to Project Management Company in place.
The company have the experience, skill and knowledge to run a successful gold mine.
They have projected a return of 3445 troy ounces in the first year, which at the current sale price is equal to $6,039,085.
Year two and year three are projected to return 6891 troy ounces per annum, which would yield $12,237,693.
The world-wide gold price at $1,753 per troy ounce.
The current owner is nearing retirement having purchased the lease in 2009.
It's been listed through LJ Hooker Mooloolaba agents Jim Hughes and Yasna Hawthorne. 
The gold mine yielded 0.7 million troy ounces of gold between 1877 and 1920.
 
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Queensland gold mine for sale

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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