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Whilst the Melbourne city centre has experienced an increase in the number of high-rise apartments over the past few years, developers are always looking for new ways to improve city living for residents, according to the latest Herron Todd White (HTW) residential report. 
The report notes there are many apartments available on the market today, including off the plan developments.
"The median Melbourne apartment price ranges between $340,000 for a one-bedroom apartment and $840,000 for a three-bedroom apartment with the potential to generate rent of $450 per week to $910 per week respectively," the report said. 
Highlighted below are the city centre’s highest priced sale to date and highest current rental listing.
 <img src="https://www.urban.com.au/images/2019/11/18/190135%20Spring%20Street%20Melbourne.jpeg" alt="">
The highest priced sale was 1901/35 Spring Street, Melbourne (pictured above).
It was sold for $14.75 million in May.
The apartment consists five bedroom, four bathroom, and six car space. 
Located at the Paris end of the city, 35 Spring Street is known as one of Melbourne’s high-calibre buildings.
"With a modern luxury design, residents can enjoy the many features and amenities this property has to offer yet still be in the hustle and bustle of the core of the city with its renowned retail, restaurant and entertainment culture," the valuation firm 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/2019/11/18/10151%20spring%20st.jpg" alt="">
The highest rental listing in the Melbourne CBD is<a href="https://www.realestate.com.au/property-apartment-vic-melbourne-427154306" target="_blank"> </a><a href="https://www.realestate.com.au/property-apartment-vic-melbourne-427154306" target="_blank">101/51 Spring Street, Melbourne</a> (pictured above).
The apartment with three bedroom, two bathroom, and two car space has been listed for $3,300 per week.
 Overlooking the treelines of the Treasury Gardens, this mansion-like apartment is one of the Melbourne CBD’s most prized apartments.
"Taking up an entire level, this luxury dwelling features a family library, wine cellar and voluminous living spaces which can be used for formal and informal entertainment areas. This is the ultimate family home as there is something for everyone," the valuation firm said. 
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j.ballantyne1990-6AQqhLzZaK

Melbourne CBD sees increasing number of sky-high apartments listings: HTW residential 

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The international property developer of skyscraper Australia 108 has been questioned by the Singaporean stock exchange about the tower’s structural soundness.
It follows the decision to let some residents live in the unfinished building.
Some of the questions were prompted by an article in The Age on July 27 in which residents complained about cracking noises and defects.
Developer World Class Global and builder Multiplex maintain there is no risk to the safety of occupants nor the structural integrity of the building.
Residents started moving into lower levels of the Southbank block last year and the reported complaints were brought to light as construction of the upper floors continued.
The group said they had looked into concerns raised in The Age article and sought clarification from builder Multiplex.
“The company had received assurance from the main contractor [Multiplex] that there is categorically no risk to the safety of any occupant nor the structural integrity of Australia 108,” World Class Global said.
“The main contractor and the structural engineers have provided their reports and confirmations that the structure of Australia 108 is structurally sound and comply with Australian regulations. [sic]”
World Class Global released Multiplex’s statement assuring residents of their safety.
“Some residents have reported noise during extreme winds, which is not an uncommon occurrence in high-rise buildings,” Multiplex said in its July statement.
“This will be mitigated once the tower reaches its full height later this year and damper tanks are installed to the top of the building.
“Less than one defect has been reported per apartment in Australia 108, which is well below the industry average. There have been no defects reported that are structural in nature.”
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SGX question Australia 108's developer about structural integrity

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A blue-ribbon property located 20 kilometres north-east of Parkes in Central West NSW has sold at auction for $4,237,000.
It was sold by Geoff Rice, of Raine &amp; Horne Parkes, for a district record.  
The 1406-acre property known as Mossburn &amp; Pinegrove went under the hammer earlier this month.
It was as secured by Peak Hill couple Garry and Donna Kopp.
Mossburn &amp; Pine Grove has been in the Simpson family for three generations. 
The Kopps breed Merino sheep on their property at Peak Hill, which is in the Parkes Shire, and have secured Mossburn &amp; Pinegrove for their son. 
“The auction attracted four registered bidders including the Kopps, who competed eagerly for the property located in Parkes’s tightly held rural dress circle region near the Parkes radio telescope observatory,” Rice said. 
It was sold by the long-time owners Ian and Diane Simpson.
"It demonstrates that despite one of the worst droughts on record, quality in this region still sells.”
<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/2019/11/18/parkes%203.jpg" alt="">
Consisting of 1406 acres of alluvial creek country, the property, which is well fenced and well-watered has regularly produced fat lambs and crops. 
Rice noted water is a distinctive feature of the property boasting two springs and a stock and domestic bore serving all 21 paddocks through a trough system. 
“With highly improved pastures consisting of Lucerne and Clover, the property currently carries 900 1st X ewes alongside its cropping program.”
Other features of the property include two homesteads with up to five 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/2019/11/18/parkes%204.jpg" alt="">
The main homestead has a fully renovated kitchen and bathroom and comes with an immaculate garden setting.
The property has a backup 8.3 kW solar system. 
Raine &amp; Horne’s digital technology platform Amplify attracted more enquiries for Mossburn &amp; Pinegrove. 
Amplify uses artificial intelligence (A.I.) and social media to engage with active and passive buyers. 
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Parkes rural property sells for $4.2 million district record

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Buildings in Australia account for over 50% of electricity use and almost a quarter of our carbon emissions but the failures, frailties and fragmentation of the construction sector have created a major obstacle to long-term reductions. 
Reducing our carbon footprint plays second fiddle to the multibillion-dollar work of replacing flammable cladding, asbestos and other non-compliant materials and ensuring buildings are structurally sound and can be safely occupied.
Buildings – whether residential, commercial or institutional – do not score well under the nation’s main emissions reduction program, the A$3.5 billion <a href="https://www.environment.gov.au/climate-change/climate-solutions-package" target="_blank">Climate Solutions Package</a>. This is intended to help meet Australia’s 2030 Paris Agreement commitment to cut emissions by 26–28% from 2005 levels.
This climate fund has very successfully generated offsets under the vegetation and waste methods – these projects account for <a href="https://www.afr.com/companies/energy/climate-solutions-fund-aims-to-way-exceed-paris-targets-20191107-p5389w" target="_blank">97% of Australian carbon credit units</a> issued. But <a href="https://www.hvacrnews.com.au/news/buildings-to-the-rescue-for-erf/" target="_blank">built environment abatements have been very disappointing</a>.
Australians have <a href="http://climatecollege.unimelb.edu.au/facts4paris-australias-capita-emissions-remain-highest-among-its-key-trading-partners" target="_blank">very high emissions per person</a>. That’s partly due to how we use our buildings.
Our states and territories control building regulations. This year the Council of Australian Governments (COAG) <a href="http://coagenergycouncil.gov.au/publications/trajectory-low-energy-buildings" target="_blank">set ambitious energy-reduction trajectories</a> for buildings out to 2022 and beyond. This was to be achieved through amendments to national codes and implementing energy-efficiency programs.
<h2>Making the best use of our buildings</h2>
Last month, the Green Building Council and Property Council launched a policy toolkit, called <a href="https://new.gbca.org.au/news/gbca-news/making-every-building-count-industrys-practical-plan-lower-emissions-and-deliver-practical-savi/" target="_blank">Making Every Building Count</a>. The councils urged governments to adopt practical plans to reduce emissions in the building sector.
The toolkit contains no fewer than 75 recommendations for all tiers of government. These are the result of work done through industry and university research partnerships in places like the <a href="http://www.lowcarbonlivingcrc.com.au/" target="_blank">Low Carbon Living Collaborative Research Centre</a> – now disbanded after its seven-year funding ended.
Most energy-efficiency studies and programs focus solely on the operational aspect of buildings, such as the energy used to heat and cool them. However, various studies have proved that the energy and emissions required to manufacture building products, even <a href="https://theconversation.com/pink-batts-not-a-scandal-but-not-as-good-as-claimed-10213" target="_blank">energy-saving products such as insulation</a>, can be just as significant.
A more holistic approach is to look at the embodied energy already in our building stock, which then poses a <a href="https://www.adelaidereview.com.au/form/2019/06/25/book-extract-the-impact-of-overbuilding-on-people-and-the-planet/" target="_blank">serious question about our consumption</a>. So, besides aspirational codes for net zero-energy buildings, we should be asking: can we meet our needs with fewer new buildings?
In Melbourne, for example, an estimated <a href="https://www.sbs.com.au/news/the-feed/melbourne-s-60-000-vacant-houses-uncovered" target="_blank">60,000 homes are sitting unused</a>. Commercial property has very high vacancy rates – <a href="https://www.afr.com/property/commercial/retail-woes-blow-through-iconic-melbourne-strips-20190813-p52gi9" target="_blank">up to one in six premises are unoccupied</a> in parts of the city. This points to a less-than-effective market in valuing our embodied carbon emissions in property.
If we are to get serious about reducing emissions, we need to tackle inefficient space use.
<h2>Empowering people to cut emissions</h2>
In occupied commercial buildings, some evidence suggests most building managers are grappling with complexity and challenging tenant behaviours. They also don’t get the clear information they need to continually <a href="https://tfespecialreports.com.au/energy-efficiencys-big-secret-a-major-retrofit-of-performance-can-be-surprisingly-affordable/" target="_blank">improve their building’s performance beyond a selected benchmark</a>.
In residential property, home energy performance is very much in our own hands. So we need to consider the means, motivations and opportunities of households, which I did in my <a href="https://www.propertyobserver.com.au/https://minerva-access.unimelb.edu.au/handle/11343/220478" target="_blank">doctoral study</a>. A major barrier is that most of us don’t even know what we are getting when we buy or rent an ageing stock of more than 9 million homes.
Europe and the United States moved to <a href="https://www.gov.uk/buy-sell-your-home/energy-performance-certificates" target="_blank">mandatory residential energy disclosure</a> at point of sale and lease well over a decade ago. If you rent or buy a home in these countries you get an energy performance certificate. It identifies emissions intensity and gives advice on how to operate the home more efficiently and hence with lower emissions.
In Australia, we have just sat on a commitment made by <a href="https://www.coag.gov.au/sites/default/files/communique/2009-04-30.pdf" target="_blank">COAG back in 2009</a> to introduce a nationwide scheme.
Size matters, too. Residential space per person is <a href="https://www.commsec.com.au/content/dam/EN/ResearchNews/2018Reports/November/ECO_Insights_191118_CommSec-Home-Size.pdf" target="_blank">high by international standards</a>. Although McMansions are on the wane, our <a href="https://www.afr.com/property/residential/mcmansions-no-more-as-house-sizes-shrink-20191108-p538oi" target="_blank">apartments are getting a bit bigger</a>. The average size of freestanding houses built in 2018-19 shrank by 1.3% from 2017-18 to a <a href="https://www.commbank.com.au/guidance/newsroom/commsec-home-size-trends-report-201911" target="_blank">17-year low of 228.8 square metres</a>.
And we are putting more solar on our roofs as a carbon offset. As of September 30 2019, Australia had more than <a href="https://pv-map.apvi.org.au/analyses" target="_blank">2.2 million</a> <a href="https://theconversation.com/explainer-what-is-photovoltaic-solar-energy-12924" target="_blank">solar photovoltaic</a> (PV) installations. Their combined capacity was over 13.9 gigawatts.
However, the trend towards high-rise living is not helpful for emissions. <a href="https://www.solarchoice.net.au/blog/solar-for-strata-apartment-blocks/" target="_blank">Solar for strata apartments is tricky</a>.
I recently worked with colleagues in Australia and overseas in a <a href="https://link.springer.com/chapter/10.1007%2F978-3-030-04293-6_40" target="_blank">study</a> of the user experience of PV. We found residents face a range of issues that limit emission reductions. These issues include:
<ul>
<li>initial sizing and commissioning with component failures such as faulty inverters</li>
<li>lack of knowledge about solar and expected generation performance</li>
<li>regulatory barriers that limit the opportunity to upgrade system size.</li>
</ul>
Looking to improve regulations and codes and billion-dollar funds may be sensible ways to meet emission targets, but human empowerment is the secret weapon in improving energy performance and lowering emissions. Good low-carbon citizens will help create good low-carbon cities.
A set of clear guides on how to use a building is a good starting point. The <a href="http://builtbetter.org/lowcarbonguides/" target="_blank">low-carbon living knowledge hub</a> provides these.
What will make every building count in lowering emissions is the behaviour of occupants, the commitment of owners to make their buildings low-carbon and building managers’ ability to become more adept at reducing building-related emissions.<img src="https://counter.theconversation.com/content/126930/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
<a href="https://theconversation.com/profiles/timothy-oleary-685735" target="_blank">Timothy O'Leary</a>, Lecturer in Construction and Property, <a href="http://theconversation.com/institutions/university-of-melbourne-722" target="_blank">University of Melbourne</a>
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/making-every-building-count-in-meeting-australias-emission-targets-126930" target="_blank">original article</a>.
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Making every building count in meeting Australia’s emission targets

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The National Australia Bank has been announced as the first lender on the lending panel for the government’s first-home loan deposit scheme.
They have committed to not charging eligible customers higher interest rates after the housing stimulus package begins on January 1.
NAB chief customer officer Mike Baird said the bank would update eligible customers in the lead-up to January 1.
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Mr Baird said NAB was “proud” it had been selected to partner the government and described it as a “great endorsement” of the bank’s home loan offering.
“This scheme is a fantastic way of helping even more customers, allowing them to potentially save thousands of dollars on their mortgage,” Mr Baird told The Australian.
NAB has been offering special rates for first-home buyers, with a 2.88 per cent annual rate fixed for two years, since 2017.
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The NHFIC will supervise the scheme, overseeing rules that permits only two major lenders to be appointed to the lending panel. The big bank will only be entitled to receive up to 50 per cent of the 10,000 guarantees allocated per financial year.
There will also be a range of non-major lenders appointed to the lending panel.
Loan applications for the scheme are not yet open.
Information about the Scheme is available on NHFIC’s website including an online tool to assist prospective first home buyers determine the relevant property price threshold that will apply to any potential purchases. 
Additional eligibility tools are being developed and will be launched publicly.
First-home buyers wanting to buy next year using the new home loan deposit scheme will be limited to properties sold for less than $700,000 in Sydney, $600,000 in Melbourne, $500,000 in Canberra and $475,000 in Brisbane.
There are regional limits too.
The scheme will apply to owner-occupied loans for FHBs with an annual income of up to $125,000 or couples with a combined $200,000 per year.
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NAB to offer competitive home loans for FHBs in government’s first-home loan deposit scheme

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The Business Council of Australia chief executive Jennifer Westacott says the federal government needs a plan to kick-start 10 regional economies.
Westacott outlined criteria to identify places around Australia that can make the greatest economic contribution.
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"We need to pick ten places, sit down with those communities, and get the ball rolling," she says.
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The locations would have access to gateway infrastructure like an airport or major transport routes and be home to one of two existing successful industries.
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Other criteria include:
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* Strategic importance like Darwin and Cairns
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* Close to major power grids
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* A university and TAFE
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* Quality health services to support expanding population
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* Capacity to increase the supply of housing and industrial land
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* Appetite to take pressure and congestions off major cities.
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"We cannot spend twelve months arguing about which places should be chosen. Using my criteria, the places select themselves," Ms Westacott will say in a speech to the National press Club today.
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"Not every place can be selected, and we cannot make decisions based on electoral politics. Let's just get on with it."
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Westacott also called for agriculture, water policy and drought strategy to no longer be viewed in isolation.
<div class="teads-adCall">She wants the CSIRO and federal government to jointly prepare a white paper to examine water infrastructure, cropping cycles and resilience, water storage and regulation, and carbon farming.</div>
 
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Business Council calls for 10 regional cities to get special status to stimulate the economy

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A Victorian period residence with views over the Inman Valley has hit the market via expressions of interest. 
The Fairview homestead built in 1880 is nestled within 8.342Ha of land at <a href="https://www.realestate.com.au/property-acreage+semi-rural-sa-inman+valley-132431302" target="_blank">221 Nosworthy Road</a>. 
Ray White Normanville Rural Sales Consultant Greg Weber-Smith said the period features blended seamlessly with modern convenience in the residence within its own country estate.
The three-bedroom Victorian period home is supplemented by formal and informal areas, including a light-filled conservatory.
<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/2019/11/25/Inman%202.jpg" alt="">
Other highlights include a gracious return veranda, lofty ceilings, original fireplaces, a wide central hallway and thick crafted stone walls.
Multi-level gardens feature an array of established trees, bushes and blooms, with chicken runs, vegetable plots and a goat and pig area.  
Many of the original buildings that accompanied the homestead during its build period have survived, including the workman's and shearers quarters, early livestock stables and accommodation.
<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/2019/11/25/Inman%203.jpg" alt="">
“We’ve been very happy and lucky to have enjoyed more than 20 years here at Fairview and we have some wonderful memories,” said vendor Jennifer Melville.   “We’ve converted some of the many sheds to silversmithing and painting studios.” 
The property has potential as a venue for weddings, accommodation or an artist's retreat. 
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1880's Inman Valley homestead hits the market 

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A mid century modern designed home at Northwood failed to sell at weekend auction, despite a raft of architectural devotees inspecting the home.
The four bedroom 1961 Pendray Close home was designed by architect William Workman with the pioneering open plan living and dining area.
"Large windows and polished timber floors feature throughout this warm and inviting property," listing agent Bernadette Hayes at Harbourline Real Estate said.
It now has a $1.95 million asking price with the vendor planning on moving to Melbourne.
It last sold at $1,587,000 in 2015 through Hayes.
It is a double brick family home on 556sqm of land, in a calm oasis amongst the tree tops in Northwood, opposite Lane Cove Golf Club
The Modernist Australia website described it as "effortlessly stunning and sophisticated."
The house has over 3200 view on realestate.com.au, well above the typical viewing in the suburb of 2500 views per property.
There are just the two homes for sale in the suburb where there is a $2.75 million median based on the 12 sales in the past year.
 
 
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Mid Century Modern Northwood home yet to sell

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A currently-vacant Northbridge shopfront and office block has come onto the market for the first time in almost a decade.
Located at 146 Sailors Bay Road, the land parcel comprises of 234 square metres.
The building, which operated as Di Jones Northbridge, features 160 square metres across two levels (85 square metres on the ground floor and 75 square metres on the first floor).
There are three bathrooms.
Layout can be changed to divided the listing and provide separate first floor access.
There is also parking for five cars at the rear.
It previously sold in 2011 for $1,325,000.
Paul Hunter, from JLL Sydney, listed the property.
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Vacated Di Jones Northbridge office listed for sale

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The former Croydon post office has sold for the first time in a quarter of a century. 
Situated at 1 &amp; 1A The Strand, the property comprises of two buildings - A medical practice that is leased for another five years, and a chemist.
It also includes off street parking for up to eight cars. 
Croydon Train Station is less than 50 metres from the property. 
The recent sale price has not been disclosed, however when it previously traded in 1993 it sold for $512,000.
Mark Clarke, from Ray White, listed the sale. 
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Former Croydon post office sold

The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

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