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Corlette takes the equal top spot as Newcastle's 2016/2017 hotspot for investing in units with an expected increase of four percent over the next 12 months.
The median price at Corlette currently sits at $489,500, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.
<img src="/images/2016/09/22/812%20Yawl%20Close.jpg" alt="">
An example would be a three bedroom unit at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-corlette-105903617" target="_blank">8/12 Yawl Close</a> (above) that was recently sold for $535,000, which is $45,500 more than the median price.
The Smart Investor magazine, published by Fairfax Media, ranked The Hill, Toronto and Cooks Hills as other likely best hotspots.
Suburb                  Postcode       Median price         12 month forecast
Corlette                 2315             $489,500                       4%
The Hill                 2300             $440,000                        4%
Toronto                 2283             $525,000                        4%
Newcastle East      2300              $1,080,000                     4%
Salamander Bay     2317             $402,500                        4%
Cooks Hill              2300             $550,000                        4%
Waratah               2298              $303,000                        4%
Wallsend               2287             $367,000                         3%
Newcastle West     2302              $467,000                        3%
Adamstown           2289              $376,250                        3%
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j.ballantyne1990-6AQqhLzZaK

Corlette tops list of 2017 Newcastle property hotspots

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<div dir="ltr">
Elanora takes the equal top spot as Gold Coast's 2016/2017 hotspot for investing in units with an expected increase of five percent over the next 12 months.
The median price at Elanora is currently $375,000, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.
<img src="/images/2016/09/22/210%20Daisy%20Street.jpg" alt="">
An example would be a two bedroom apartment at <a href="https://www.realestate.com.au/sold/property-unit-qld-elanora-123015522" target="_blank">2/10 Daisy Street</a> (above) that was recently sold for $412,000, which is $37,000 above the median price.
The Smart Investor magazine, published by Fairfax Media, ranked Miami, Tugan and Runaway Bay as equal best hotspots.
</div>
<div dir="ltr">Suburb                     Postcode         Median price         12 month forecast</div>
<div dir="ltr"> </div>
<div dir="ltr">Elanora                    4221               $375,000                5%</div>
<div dir="ltr"> </div>
<div dir="ltr">Miami                       4220              $437,000                 5%</div>
<div dir="ltr"> </div>
<div dir="ltr">Tugan                      4224               $400,000                 5%</div>
<div dir="ltr"> </div>
<div dir="ltr">Runaway Bay           4216                $511,000                 5%</div>
<div dir="ltr"> </div>
<div dir="ltr">Burleigh Waters       4220                $407,250                  4%</div>
<div dir="ltr"> </div>
<div dir="ltr">Mermaid Waters       4218                $367,000                  4%</div>
<div dir="ltr"> </div>
<div dir="ltr">Currumbin Waters    4223                $421,500                  4%</div>
<div dir="ltr"> </div>
<div dir="ltr">Biggera Waters        4216                $445,000                   4%</div>
<div dir="ltr"> </div>
<div dir="ltr">Broadbeach Waters   4218               $497,500                   4%</div>
<div dir="ltr"> </div>
<div dir="ltr">Benowa                   4217                $430,000                  3%</div>
<div dir="ltr"> </div>
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Elanora tops list of 2017 Gold Coast property hotspots for unit investing

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Como takes the equal top spot as Perth's 2016/2017 hotspot for investing in houses with an expected increase of three percent over the next 12 months.
The current median price for Como currently sits at $732,500, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.
An example would be a 3 bedroom house at <a href="https://www.realestate.com.au/property-house-wa-como-123624142" target="_blank">51 Alston Avenue</a> (below) that is currently on sale for $819,000, which is $86,500 above the median price.
<img src="/images/2016/09/22/51%20Alston%20Avenue.jpg" alt="">
Similarly a 3 bedroom house has recently been sold at <a href="https://www.realestate.com.au/sold/property-house-wa-como-122245562" target="_blank">24 Wooltana Street</a> (below) for $792,500, which is $60,000 above the median price.
<img src="/images/2016/09/22/24%20Wooltana%20Street.jpg" alt="">
The Smart Investor magazine, published by Fairfax Media, ranked East Cannington as equal best hotspot.
Suburb                   Postcode           Median price          12 month forecast
Como                     6152                $732,500                   3%
East Cannington      6107                $508,000                   3%
Lathlain                 6100                 $895,000                   2%
Rossmoyne            6148                 $1,170,000                 2%
Willetton                6155                 $734,500                   2%
Koondoola             6064                  $405,000                   2%
Yokine                   6060                  $615,000                   2%
Waterford             6152                   $1,095,000                 2%
Chidlow                6556                  $645,000                     1%
Coolbellup            6163                   $520,000                     1%
<a href="/images/2016/09/21/Screen%20Shot%202016-09-21%20at%2010.18.37%20am.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/21/Screen%20Shot%202016-09-21%20at%2010.18.37%20am.png" alt="">
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Como ranks as 2017 top Perth hotspot for investors

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Mornington takes the equal top spot as Hobart's 2016/2017 hotspot for investing in houses with an expected increase of four percent over the next 12 months.
Mornington's current median price is $300,000, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.
<img src="/images/2016/09/22/31%20Binalong%20Road.jpg" alt="">
An example would be a four bedroom house at <a href="https://www.realestate.com.au/property-house-tas-mornington-122582650" target="_blank">31 Binalong Road</a> (above) that is currently on sale for over $349,000, which is $49,000 above the median price.
<img src="/images/2016/09/22/496%20Cambridge%20Road.jpg" alt="">
Similarly a four bedroom house was recently sold at <a href="https://www.realestate.com.au/sold/property-house-tas-mornington-121388966" target="_blank">496 Cambridge Road</a> (above) for $380,000, which is $80,000 more than the median price.
The Smart Investor magazine, published by Fairfax Media, ranked Blackmans Bay and North Hobart as equal best hotspot.
Suburb                   Postcode          Median price        12 month forecast
Mornington             7018                  $300,000                 4%
Blackmans Bay        7052                  $435,000                 4%
North Hobart           7000                 $475,000                  4%
Carlton                   7173                  $277,500                  3%
Primrose Sands       7173                   $210,000                 3%
West Hobart           7000                   $520,000                  3%
Kingston Beach       7050                   $480,000                 3%
Hobart                   7000                   $557,000                  3%
Bagdad                   7030                  $282,500                 3%
Taroona                  7053                   $522,500                 2%
 
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Mornington ranked the 2017 hotspot for Hobart houses

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More auctions are scheduled across the combined capital cities this week with 2,305 currently being tracked compared to 2,149 over the previous week, according to CoreLogic's latest market report.
Given the AFL and NRL grand finals will be held over the following weekend, plus a number of public holidays across the nation, auction activity is expected to drop, so some of this week’s increase can be directly attributed to that.
Historically, Melbourne shows the greatest fall in auction activity over this weekend, however although the influence across the other cities is less apparent, it will still contribute to an overall fall away in auction activity after this week.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.08%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.08%20AM.png" alt="">
Capital city auctions this week:
• Sydney: 864
 • Melbourne: 1,046
• Brisbane: 127
• Adelaide: 118
• Perth: 52
• Canberra: 82
Reservoir, in Melbourne, is by far the busiest individual suburb for auctions this week, with 28 scheduled. The next busiest suburb is also in Melbourne, with Richmond set to host 19 auctions this week.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.15%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.45.15%20AM.png" alt="">
Summary of last week’s results:
Last week, 76.2 percent of capital city auctions that were reported to CoreLogic were successful. This result represents a rise from the previous week (76.2 percent), but is lower than the recent high of 77.1 percent over the week ending 4 September.
Last week, the two major auction markets remained the strongest performing, with clearance rates of 81.6 percent and 77.8 percent in Sydney and Melbourne respectively. In Sydney, there were multiple sub-regions where the weekly clearance rate surpassed the 90 per cent mark last week, while in Melbourne four out of the nine sub-regions recorded a clearance rate of at least 80 per cent.
Adelaide, at 74.7 percent and Canberra, at 72.0 percent, also recorded a strong result last week, a good indicator of the respective auction markets, given auction activity also increased in both cities.
Outside of the capital cities, regional auction market performance was mixed. The busiest region was Queensland’s Gold Coast, with 57 results, however only 32.5 percent of auction results were reported as successful. On the other hand, Wollongong’s auction clearance rate was approaching the 90 percent mark, however only 38 homes were taken to auction.
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More auctions scheduled this weekend, but will decrease for grand finals: CoreLogic

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The Gold Coast mayor Tom Tate and wife Ruth have sold their luxury Paradise Waters home through Ray White Sanctuary Cove selling agent Matt Gates.
Set amid landscaped gardens on <a href="https://www.realestate.com.au/property-house-qld-paradise+waters-123312610" target="_blank">1206 sqm prime waterfront land</a>, the five bedroom, five bathroom house comes with 40 metre waterfrontage offering large vessel mooring options with jetty, boat-ramp, and its own private beach.
There a sparkling resort style swimming pool, alfresco entertaining, bbq and an eight-person spa added by the couple.
They picked it up for $2.65 million in 2011, well under the $4.2 million paid in 2006.
Tom and Ruth are off to their $3.3 million, 1970s-style Sorrento manor, a move that sees him closer to the council's Evendale headquarters.
Sitting on a vast 4424 sqm, the four bedroom, three bathroom home was once owned by the family of former Gold Coast mayor Sir Bruce Small.
The mayor, who has lived all over the Gold Coast with his family, says he plans to stay put at Sorrento.
 This article was first published in the Weekend Australian Mansion Australia property section.
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Gold Coast mayor Tom Tate sells at Paradise Waters

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The Reserve Bank (RBA) released the minutes of its September board meeting earlier this week. At the meeting, the last for Governor Glenn Stevens, the RBA board decided to keep official interest rates on hold at 1.5 percent.
The minutes included quite a lot of commentary around the housing market which follows.
‘Conditions in established housing markets had generally eased over 2016. Growth in housing prices had declined at the national level and across most capital cities over the past year, although there remained considerable variation by location. Housing prices had been declining in year-ended terms in Perth for some time. In the rental market, inflation had remained around historical lows and had also eased across most capital cities, most notably in Perth, where rents had continued to decline. The aggregate rental vacancy rate had drifted higher and was close to its long-run average.’
‘Other indicators for the housing market had also generally pointed to weaker conditions than a year earlier. In the established housing market, the number of auctions had declined and remained lower than a year earlier, even though auction clearance rates had increased of late (particularly in Sydney). In the private treaty market – where, nationally, over 80 per cent of transactions occur – turnover had also declined since the previous year and the average number of days that a property was on the market had been on an upward trend. Members noted that sales of new properties were included in the turnover data, but that there might be measurement problems related to the long lag between purchasing and settling new properties bought off the plan, which could lead to revisions. Finally, in recent months the value of housing loan approvals had been broadly steady and housing credit growth had been lower than a year earlier, consistent with the earlier tightening in lending standards and low turnover.’
While the commentary is accurate, the recent strength in auction clearance rates, ongoing growth in home values, a rebound in dwelling approvals and lack of new stock entering the market for sale will likely pique the RBA’s attention.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.54.50%20AM.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.54.50%20AM.jpg" alt="">
There were 2,062 capital city auctions over the week ending September 11 with CoreLogic collecting results for 1,882 of these auctions or just over 91% of all auctions. The final clearance rate was recorded at 75.4 percent, down from 77.1 percent across 1,899 auctions the previous week. Last week in Melbourne, there were 974 auctions compared to 830 auctions the previous week.
Last week’s auction clearance rate was recorded at 78.3% which was marginally lower than the 79.3% the previous week. In Sydney, the auction clearance rate was recorded at 80.6% last week which was virtually on par with the 80.7 percent recorded over the previous week.
Sydney recorded a similar number of auctions last week (758) compared to the previous week (747). Auction clearance rates were also lower over the week in most of the other capital cities. In Melbourne, auction clearance rates have now been above 75 percent for 5 consecutive weeks and they have been above that level in Sydney for 7 weeks.
Number of homes for sale
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.05%20AM.jpg" alt="">
Over the past 28 days, there were 43,999 newly advertised properties for sale nationally which was -1.7% lower than a year ago and 230,683 total listings which was -1.5% lower than a year ago.
Newly advertised listings were also lower over the year across the combined capital cities (-3.6%) however, total listings were noticeably higher (+4.1%). The only capital cities in which new listings were higher over the year were: Brisbane (+2.0%), Perth (+16.3%) and Canberra (+14.4%).
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.13%20AM.jpg" alt="">
In terms of total stock available for sale, the only capital cities in which there were fewer listings than a year ago were: Sydney (-2.4 percent), Hobart (-26.6 percent) and Canberra (-5.1 percent). Nationally, the number of newly advertised properties for sale is at its highest level in 15 weeks and total listings are at their highest level in 9 weeks.
A lack of new stock available for sale in Sydney in particular appears to be creating market urgency and has driven a rebound in home value growth along with surging auction clearance rates.
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NSW September stock down 15 percent on last year: CoreLogic

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A potential oversupply, and settlement risks around on off-the-plan apartment purchases has not deterred the number of dwellings approved for construction across Australia’s capital cities according to CoreLogic research.
A review by CoreLogic research analyst Cameron Kusher based on data to July 2016, shows there were 17,380 capital city dwelling approvals; the highest number of approvals since October 2015 and the third highest monthly number of capital city dwelling approvals on record. Mr Kusher said, “Despite a recent slowdown in capital city dwelling approvals there was a substantial rebound in July 2016.”
Looking at the split between houses and units over the month, there were 6,482 houses and 10,898 units approved for construction across the combined capital cities. There have now been more units approved for construction than houses across the combined capital cities for 22 consecutive months. Over the 12 months to July 2016, 57.9% of all capital city dwelling approvals were for units.
Over the past year, there have been 76,356 capital city houses and 104,835 capital city units approved for construction. In each of: Sydney, Melbourne, Brisbane and Canberra there have been more units than houses approved for construction over the past year.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.34%20AM.jpg" target="_blank">Click to enlarge</a>
 
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.34%20AM.jpg" alt="">
Sydney - there were 54,667 dwelling approvals over the past year which is 7.3 percent higher than the previous year. This figure comprised of 16,360 house approvals (+3.2 percent yoy) and 38,307 unit approvals (+9.1 percent yoy).
Melbourne – over the year to July 2016 there were 57,428 dwellings 4,000 approvals which was -0.2 percent lower over the year. 25,880 of these approvals were for houses and 31,548 were units, with the year-on-year 3,000 changes recorded at +11.2 percent and -7.9 percent respectively.
Brisbane – The 30,901 dwelling approvals over the past year consisted of 11,210 houses and 19,691 units. Overall approvals are 4.0 percent higher over the year with house approvals -1.4 percent lower and unit approvals 7.4 percent higher.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.26%20AM.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.26%20AM.jpg" alt="">
Adelaide – there were 6,119 houses and 3,899 units approved over the past year resulting in 10,018 total approvals. Over the past year, dwelling approvals are 10.9 percent higher with house approvals up 9.3 percent and unit approvals 13.5 percent higher.
Perth – the number of annual dwellings approvals fell by -24.3 percent over the year to 20,963. Over the year, the 14,202 house approvals were -26.7 percent fewer than the previous year and the 6,761 unit approvals were -18.6 percent less than a year ago.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.47%20AM.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.55.47%20AM.jpg" alt="">
Hobart – there were only 989 new dwellings approved for construction over the year, 799 of which were houses and 190 units. House approvals were -22.7 percent lower year-on-year and unit approvals were down -10.8 percent.
Darwin – there were 1,304 dwelling approvals over the past year which was -12.7% lower year-on-year. Over the year, the 657 house approvals was -22.8 percent lower than the previous year and the 647 unit approvals were 0.6 percent higher than the previous year.
Canberra – there were 1,129 houses and 3,792 units approved for construction over the past 12 months. There were -8.1 percent fewer house approvals than over the previous year while unit approvals were 24.7 percent higher over the year.
While policy makers and analysts voice concerns about the level of housing construction currently underway, particularly for units, Mr Kusher said we’re seeing approvals in capital cities remain unquestionably strong. “It will be interesting to see just how many of these approvals immediately progress to commencement and ultimately through to a completion given tighter lending conditions imposed on both developers and purchasers for off-the-plan units.”
“The data also reiterates why purchasers of off-the-plan units in major capital city housing markets should be very selective with regard to the types of units they purchase.”
“Importantly, oversupply concerns are most visible across specific and well defined geographic areas and product types,” Mr Kusher said.
<a href="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.56.01%20AM.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/22/Screen%20Shot%202016-09-22%20at%2010.56.01%20AM.jpg" alt="">
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Capital city dwelling approvals rebounding: CoreLogic

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An elegant four-bedroom Sans Souci home will go to auction next month.
The luxury home on 503 sqm features an in-ground swimming pool, a designer kitchen and an outdoor entertaining area with built in barbecue. 
Available through Ray Fidel at Raine &amp; Horne Sans Souci, <a href="https://www.realestate.com.au/property-house-nsw-sans+souci-123597942" target="_blank">52 Brantwood Street</a> goes to auction October 9.
It previously sold in February last year for $2.44 million.
The median house price in San Souci is $1.5 million according to CoreLogic.
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Sans Souci trophy looking for quick flip

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A Shaw Architecture designed family home in Hawthorn has been listed for sale.
The <a href="https://www.realestate.com.au/property-house-vic-hawthorn-123596814" target="_blank">six-bedroom, four-bathroom home</a> sits on 2,019 sqm surrounding by Bott Landscaping gardens. There's a full-sized mod-grass tennis court and a gas heated in-ground swimming pool. 
A 1,000 bottle wine cellar is adjacent to the dining room and retains its temperature with the French Fondis Winemaster system.
RT Edgar's Glen Coutinho and Brett Vanderwert have the listing.
The median house price in Hawthorn is $1.8 million according to CoreLogic.
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Hawthorn family home set for sale

Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/6RNt3AvtBpI?si=JUhuCV2ZRXsYaoJZ" title="YouTube video player" width="560"></iframe>

Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

[smartcode_project:default project_id=149637 project_image_fid=351031]

For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

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As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Joel Robinson

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

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&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

[smartcode_project:default project_id=13962 project_image_fid=362566] 
&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

[smartcode_project:default project_id=13962 project_image_fid=362564] 
&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

[smartcode_project:default project_id=13962 project_image_fid=291195] 
&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

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Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

[smartcode_project:default project_id=140755 project_image_fid=354809]

The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

[smartcode_project:default project_id=140755 project_image_fid=366267]

The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

[smartcode_project_cta:default project_id=140755]

The enduring appeal of Kew's tree-lined streets and village lifestyle

"For me, it's the location." That was the first thing Chris pointed to when reflecting on why he and his wife Marita decided to purchase at Candela Ivanhoe, the under-construction new apartment development by Salter Brothers in the heart of the north-eastern M​elb​ourne​ suburb. ​

"We've lived here before… everything is here," Chris said.

"Our doctor is around the corner, there's dentists, pilates, everything we need, restaurants, fast food places, two train stations, Ivanhoe and Darebin, both in walking distance. You don't need anything else."

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/X8K0Bozug7A?si=Puwc6vx_ZO0qQZF8" title="YouTube video player" width="560"></iframe>

Just 10 kilometres from Melbo​urn​e's CBD, Ivanhoe combines direct city connectivity with the amenity of an established village community. Residents have access to highly regarded schools, expansive parklands, public transport, and a thriving retail and hospitality precinct centred around Upper Heidelberg Road, all within a neighbourhood that has retained its leafy character despite its proximity to the city.

<a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a> sits within the heart of this established landscape, positioned just moments from Ivanhoe Village and within walking distance of many of the suburb's most sought-after amenities.

[smartcode_project:default project_id=342 project_image_fid=364553]

From Candela, residents can access cafés, grocers, wine bars, restaurants and essential services on foot, while Ivanhoe Station and Darebin Station provide direct connectivity across Mel​bour​ne. The development is also surrounded by some of the suburb's best-known lifestyle destinations, including Pinkie, Laurent, Enni, Docasa and Woodfire Pizza e Cucina, alongside Ivanhoe Plaza, Woolworths, pharmacies and specialty retailers.

Green space is another defining feature of the suburb. Darebin Parklands, Ivanhoe Park, Nellie Ibbot Park and the Yarra River trail network provide extensive opportunities for recreation, while Ivanhoe Golf Course and Ivanhoe Tennis Club continue to underpin the area's long-established lifestyle appeal.

The suburb's education offering further strengthens demand. Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Mary Immaculate Primary School and Ivanhoe Primary School have helped establish the area as one of Melbou​​rne's most sought-after schooling precincts, attracting families and downsizers alike who want to remain connected to the area.

[smartcode_project:default project_id=342 project_image_fid=357510]

While location was the priority for Marita and Chris, the project itself also needed to meet their expectations.

"Whilst location was paramount, I was also looking at design of the environment and Candela ticked every box," Marita said.

"We're just thrilled with our choice."

[smartcode_project:default project_id=342 project_image_fid=336455]

Developed by <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>, Candela Ivanhoe has been designed to complement its village setting, with an emphasis on generous floorplans, natural light and practical everyday living.

Residents will have access to a range of shared amenities, including a communal rooftop garden and dedicated residential lounge, complemented by a ground-floor café and lifestyle wellbeing centre, helping foster the sense of community already emerging among future owners.

That approach has resonated strongly with the market. More than 90 per cent of purchasers at Candela Ivanhoe are owner-occupiers, with buyers ranging from downsizers and second-home buyers to young families and first home buyers, creating a genuinely multi-generational community of grandparents, parents and children. It reflects a broader shift across Melbo​​urne's apartment market, where buyers are increasingly prioritising neighbourhood quality, lifestyle amenity and long-term liveability.

Currently under construction by Ironside, Candela Ivanhoe comprises 58 apartments. Candela Ivanhoe is scheduled for completion in the coming months, and residents can move in from September. One to four bedroom residences, prices from $649,000 and limited opportunities remaining.

[smartcode_project_cta:default project_id=342]

Staff reporter

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