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Saturday was Melbourne’s biggest auction day of the year so far, with some 1500 properties put under the hammer in a test of the housing market’s recent recovery.
The 77 percent success rate was a strong result.
"The Melbourne auction market passed its biggest test with flying colours despite the flood of listings," the housing economist Dr Andrew Wilson from My Housing Market said. 
"Vendors are now moving back into the Melbourne market keen to take advantage of strong selling conditions with rising prices," he said.
Melbourne's top notified result was $5.425 million in Kew. It was a resort style house at 3-5 Remington Avenue (pictured top) which was sought by just the two bidders.
Set over two titles, the six bedroom, four bathroom home featured salt-water pool, floodlit north-south tennis court and self-contained club-house.
It had views to the north and east.
There was higher bidder at a Toorak offering which was passed in at $6.4 million vendor bid.
And also whispers of an $8.18 million sale in Hawthorn.
The <a href="https://kayburton.com.au/real-estate/other-25-kooyongkoot-road-hawthorn-vic-3122-647827" target="_blank">four bedroom 1887 Kooyongkoot Road home</a> (below) on its 1254 sqm Scotch Hill holding had last sold at $377,000 in 1985. 
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A $170,000 sale was the nation's and Melbourne's cheapest at 13/11-13 Cooma Street, Preston.
The studio apartment had been listed with a $165,000 to $180,000 price guide.
The top sale across the nation was in Sydney when a $10.1 million bid secured a <a href="http://sydneysothebysrealty.com/7643227/111-Victoria-Road-Bellevue-Hill" target="_blank">historic Bellevue Hill home, Cliff Hall</a> (below).
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The home attracted seven registered bidders for the 1916 home that sold through Peter Starr at Raine &amp; Horne in conjunction with Sotheby’s agent Harriet France.
There were five bidders following the $7m opening offer.
Cliff Hall on Victoria Road with views of both the harbour and ocean was last sold in $770,000 in 1983.  
The next priciest Sydney weekend sale was in Hunters Hill where $5.5 million was paid for a five bedroom 1885 sandstone house (below).
The <a href="https://www.bresicwhitney.com.au/buy/58-mary-street-hunters-hill-22521" target="_blank">58 Mary Street</a> offering through BresicWhitney went to a young couple from Sydney's east.
<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/2019/10/28/58%20Mary%20Street%20Hunters%20Hill.jpg" alt="">
BresicWhitney agent Nicholas McEvoy said there were four registered bidders, with the final two couples both coming from Sydney's east after bidding opened at $5 million.
The downsizing vendors had paid $920,000 in 1995.
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There were 2,610 homes taken to auction across the combined capital cities with volumes up 33 per cent on prior week, according to CoreLogic.
It was the busiest week for auctions since early December 2018, CoreLogic auction analyst Kevin Brogan said.
The higher activity returned a preliminary auction clearance rate of 75.3 per cent, which was only slightly lower than the prior week’s preliminary figure of 75.6 per cent which later revised down to 72.1 per cent at final figures. 
"Compared to one year ago, volumes are lower than the 2,928 auctions held over the same week last year when a much lower 47 per cent cleared," Brogan noted.
The higher volumes can be mostly attributed to the surge in activity across Melbourne, in the the pre-Derby Day-Melbourne Cup horse racing carnival. 
There were 1,528 Melbourne homes taken to auction with volumes reaching their highest levels since this time last year when there was a higher 1,701.
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The preliminary Melbourne auction clearance rate maintained strength against the higher volumes, returning a 77 per cent success rate, up on last week’s 73 per cent across a lower 915auctions.
Sydney recorded a preliminary clearance rate of 79 per cent across 761 auctions this week, after last week’s final clearance rate of 79 percent which was the strongest final result the city has seen since early 2017. 
"One year ago, 798 auctions were held across Sydney returning a final clearance rate of 45 per cent," Brogan noted.
Results were varied across the smaller auction markets last week, Adelaide returned the strongest preliminary clearance rate of 68 per cent, across a higher volume of auctions week- on-week. 
Adelaide sales included <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGsigxs0BQCYx2y6kOlxyHgZXRv6E+djZb&amp;rh=ff00540aefef02aaf70bf76cd0479e833a67d3b0" target="_blank" rel="noopener noreferrer">57 Victoria Street</a>, Queenstown which came with a granny flat (below).
<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/2019/10/28/57%20Victoria%20Street%20Queenstown.jpg" alt="">
"There's no way this property would have drawn so many people, or achieved this price without the separate accomodation," said Ray White Woodville agent Peter Kiritsis.
The auction attracted "a good sized Adelaide crowd of 35' with three bidders taking the sale price to $555,000 for the 1970s three bedroom brick house.
Brisbane and Perth saw less than 50 per cent of homes successful at auction.
Brisbane saw a $1.9 million top sale at Balmoral.
The five bedroom 45 Olive Grove contemporary house was sold by Ray White agent Brandon Wortley who announced it on the market at $1.85 million.
There had been four registered bidders.
The land had cost $675,000 in 2016.
Its  investor landlords put it up for rent at $1800 a week in 2017 when they sought to find buyers at $2.1 million plus.
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j.ballantyne1990-6AQqhLzZaK

$10.1 million Bellevue Hill sale tops weekend auctions

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The largest single level apartment in Sydney, on the 40th level of the Horizon building in Darlinghurst, has been sold to media heiress Francesca Packer-Barham.
The apartment was recently recreated by Melbourne's MIM Design who were commissioned by the Graham family to design the luxury apartment. 
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<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/02/13000100/capi_7d65a0d9dfc2f565f2d7924da3ef89c9_7e0c0ff284893174439debdbf4825c03.jpeg" alt="" data-capiid="7e0c0ff284893174439debdbf4825c03">The whole floor sub-penthouse, spanning 565 sqm of internal floor space, has four bedroom, each with a marble ensuite, as well as self-contained quarters with its own living room, kitchen, bedroom and bathroom.
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There are three separate living areas, one with a fireplace, as well as a media room.
Herringbone Oak floors and Cote D’Azure marble feature throughout.
The apartment also has the latest in mod cons, with keyless entry, facial recognition and automated doors.
Entry to the apartment is through a lavish marble and brass private lift lobby. 
It was listed with $20 million initial hopes.
The renovation was almost a year-in-the making for the 565 sqm of internal space.
It has 710 sqm including balconies and garaging. 
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<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/02/13000105/capi_7d65a0d9dfc2f565f2d7924da3ef89c9_d2e31bced7feebbc2cc980f499924964.jpeg" alt="" data-capiid="d2e31bced7feebbc2cc980f499924964">The recent auction of the five-bedroom, five-bathroom apartment with eight-car garage failed to attract any bids with just the two registered bidders, one of whom was asked for proof of funds.
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The Melbourne-based Graham family bought the empty shell for $9.83 million in 2017.
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<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/02/13000113/capi_7d65a0d9dfc2f565f2d7924da3ef89c9_82e8b3bd19e0555b01fe1b113056cfae.jpeg" alt="" data-capiid="82e8b3bd19e0555b01fe1b113056cfae">Mim Design told The Wentworth Courier their vision was to pay homage to Harry Seidler who designed the tower.
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The developer Bob Ell once owned it selling it for $6.7 million in 2009.
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Media heiress Francesca Packer-Balham buys level-40 penthouse in Darlinghurst’s Horizon for $16 million

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GUEST OBSERVATION
As regional Australian towns face the prospect of <a href="https://www.smh.com.au/national/nsw/plan-c-is-a-problem-a-town-without-ground-water-nears-day-zero-20191022-p53334" target="_blank">running out of water</a>, it’s time to ask why Australia does not make better use of recycled wastewater.
The technology to reliably and safely make clean, drinkable water from all sources, including sewage, has existed for <a href="https://www.applied.org.au/wp-content/uploads/2019/04/drinking-water-through-recycling-full-report.pdf" target="_blank">at least a decade</a>. Further, <a href="https://www.pc.gov.au/inquiries/completed/water-reform/national-water-initiative-agreement-2004.pdf" target="_blank">government policy</a> has for a long time allowed for recycled water to ensure supply.
The greatest barrier to the widespread use of recycled wastewater is community acceptance. Research from around the world found the best way to overcome reluctance is to embrace education and rigorously ensure the highest quality water treatment.
<a href="https://images.theconversation.com/files/298470/original/file-20191024-31434-187ua6o.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/298470/original/file-20191024-31434-187ua6o.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
In 2006 Toowoomba voted against introducing recycled water, despite extensive drought gripping the area. <a class="source" href="https://www.flickr.com/photos/allanhenderson/2351100815/in/photolist-nQkp38-4zL1mX-aDPpEZ-aDPpLV-fEdSCh-hvcdT7-nQiamA-o7ESdb-fEdQK7-NyMorG-o7Mtex-hvcFhN-nMBXnf-29iZvnt-uobZDu-uEkpLu" target="_blank">Allan Henderson/Flickr</a>, <a class="license" href="http://creativecommons.org/licenses/by/4.0/" target="_blank">CC BY</a>
Why not use stormwater?
Many people are happy to use recycled stormwater, while being reluctant to cook, drink or wash with recycled household wastewater. But there are technical, cost and supply issues with relying on stormwater to meet our country’s water needs. Stormwater has to be cleaned before it is used, the supply can be irregular as it is reliant upon rain, and it has to be stored somewhere for use.
On the other hand, household wastewater (which is what goes into the sewerage system from sinks, toilets, washing machines and so on) is a more consistent supply, with <a href="https://blogs.ei.columbia.edu/2011/04/04/from-wastewater-to-drinking-water/" target="_blank">80% or more</a> of household water leaving as wastewater.
Furthermore, wastewater goes to treatment plants already, so there is a system of pipes to transport it and places which already treat it, including advanced treatment plants that can treat the water to be clean enough for a range of purposes. There are strong economic, environmental and practical arguments for investing more effort in reusing wastewater to meet our water supply needs.
This water can be used for households, industry, business and agriculture, greening public spaces, fighting fires, and topping up rivers or groundwater.
The water cycle
Technically, all water is recyled; indeed we are drinking the <a href="https://www.xplorationstation.com/" target="_blank">same water as the dinosaurs</a>. Put very simply, water evaporates, forms clouds and falls as rain, and is either absorbed into the earth and captured underground or filtered through rock and goes back again into oceans and rivers.
When we capture and reuse water, we are not making more water, but speeding up the water cycle so we can reuse it more quickly.
<a href="https://images.theconversation.com/files/298473/original/file-20191024-31471-1tnktt1.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/298473/original/file-20191024-31471-1tnktt1.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Not pictured: the many, many animals and people every drop of water has passed through over millennia. Wikimedia Commons, <a class="license" href="http://creativecommons.org/licenses/by-sa/4.0/" target="_blank">CC BY-SA</a>
We do already <a href="http://www.awa.asn.au/AWA_MBRR/Publications/Fact_Sheets/Water_Recycling_Fact_Sheet/AWA_MBRR/Publications/Fact_Sheets/Water_Recycling_Fact_Sheet.aspx?hkey=54c6e74b-0985-4d34-8422-fc3f7523aa1d" target="_blank">reuse wastewater</a> in Australia, with many parts of regional Australia cleaning wastewater and releasing it into rivers. That water is then extracted for use by places downstream.
Despite this, there have been significant community objections to building new infrastructure to reuse wastewater for household use. In 2006, at the height of the Millennium drought, Toowoomba <a href="https://www.bbc.com/future/article/20160105-why-we-will-all-one-day-drink-recycled-wastewater" target="_blank">rejected the idea</a> entirely.
However, since then a scheme has been <a href="https://www.watercorporation.com.au/water-supply/our-water-sources/recycled-water" target="_blank">successfully established</a> in Perth. We must examine these issues again in light of the current drought, which sees a number of Australian regional centres facing the prospect of <a href="https://meltwaternews.com/ext/mediac/213698325.pdf" target="_blank">running out of water</a>.
Lessons from overseas
<a href="https://images.theconversation.com/files/298467/original/file-20191024-31453-10p3sbb.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/298467/original/file-20191024-31453-10p3sbb.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Singapore has had enormous success in reusing wastewater for all kinds of purposes. EPA/HOW HWEE YOUNG
Despite initial reluctance, many places around the world have successfully introduced extensive wastewater recycling. Places such as Singapore, Essex, California, New Mexico, and Virginia widely use it.
Recent research from the <a href="https://www.wsaa.asn.au/publications" target="_blank">Water Services Association of Australia</a>, working with other research bodies, found several key lessons.
Firstly, the language we use is important. Phrases like “<a href="https://www.afr.com/companies/toilettotap-back-on-the-agenda-as-nsw-looks-again-at-recycled-water-20180919-h15kqh" target="_blank">toilet to tap</a>” are unhelpful as they don’t emphasise the extensive treatment processes involved.
The social media and news outlets can play a significant role here. In Orange County, California, wastewater was introduced through a slow process of building acceptance. Influential individuals were enlisted to explain and advocate for its uses.
Secondly, communities need time and knowledge, particularly about safety and risks. Regulators play an important role in reassuring communities. In San Diego, a demonstration plant gave many people the opportunity to see the treatment process, drink the water and participate in education.
We need to go beyond information to deep consultation and education, understanding where people are starting from and acknowledging that people from different cultures and backgrounds may have different attitudes.
El Paso successfully introduced wastewater through strong engagement with the media and significant investment in community education, including explaining the water cycle.
Finally, quality of the water needs to be great and it needs to come from a trustworthy source. The more it happens, and people know that, the more likely they are to feel reassured.
It’s clear the public expect governments to plan and act to secure our future water supply. But we can’t just impose possibly distasteful solutions – instead, the whole community needs to be part of the conversation.<img src="https://counter.theconversation.com/content/125798/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;">
Roberta Ryan, Professor, UTS Institute for Public Policy and Governance and UTS Centre for Local Government, University of Technology Sydney.
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/80-of-household-water-goes-to-waste-we-need-to-get-it-back-125798" target="_blank">original article</a>.
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80% of household water goes to waste, we need change: Roberta Ryan

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Inner-Sydney terrace houses that come with a backyard dunny are few and far these days.
But a turn-of-the-century outhouse at the rear of an unrenovated three-bedroom Paddington terrace has been scheduled for October 29 auction. 
<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/2019/10/29/paddo%201%201.jpg" alt="">
It also has an original bathroom/laundry with facilities somewhat less than might be expected today.
Georgie Cleary and Alexandra Churchill at Bradfield Cleary hope to get $1 million for the two-storey Albert Square terrace on 107 square metres last sold at £400 in 1951.
<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/2019/10/29/paddo%203%201.jpg" alt="">
Before flushable toilets, outhouses with cans were set well back from the house for reasons of smell and hygiene.
The cans were collected at night by the council men who carried them on their heads to their horse-led cart.
The term “as flat as a shit carter’s hat” still lives on in surf reports along the east coast.
Realestate.com.au put the Paddington three-bedroom median at $2.3 million, based on 55 sales in the last year.
A terrace with a dunny sold at $1 million in 2014.
This article first appeared in The Daily Telegraph. 
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Albert Square, Paddington terrace with backyard dunny for auction

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The 30 individual owners of two blocks of Cronulla flats have united to sell their apartments in one line for $38.2 million.
The two, three-storey red-brick residential buildings, at 37 Gerrale Street, were bought by Pitt Street Real Estate Partners, a subsidiary of Washington H. Soul Pattinson.
JLL’s Dylan McEvoy and Ben Hunter made the sale.  
The amalgamated property has a combined site area of 1,746 square metres.
Under the Sutherland Shire Councils LEP town planning scheme the subject property has a B3 Commercial Core zoning, 3:1 FSR and 30 metre height limit or nine to 10 storeys.
In February 2017, McEvoy amalgamated four blocks of flats including 32 local owners located at 49-55 Gerrale street, Cronulla for $54 million dollars, just a block down from the latest property sale.
“Cronulla is a well-established residential market which has experienced restricted supply of new projects being built, this combined a large and affluent population like the Shire has ensured premium real estate offers are in high demand,” McEvoy said.
“Rising land prices, coupled with strong demand for a mix of use sites, have made this scenario more desirable given the premium for combined sales prices compared to individual unit sale prices and in this instance some owners almost doubled their money by amalgamating together.” 
The 30 two-bedroom apartments currently generate a substantial holding income of more than $700,000 gross per annum.
“Throughout the past 12 months we have noticed a change in buyer appetite from offshore to local buyers of premium development sites,” Hunter said.
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Cronulla property owners unite to sell block of flats for $38.2 million

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GUEST OBSERVATION 
This week, the Seven Network was <a href="https://www.theguardian.com/media/2019/oct/22/house-rules-channel-seven-ordered-to-pay-compensation-to-reality-show-contestant" target="_blank">found liable</a> to pay a workers’ compensation claim brought by Nicole Prince, one of the contestants on its renovation reality television show, <a href="https://www.imdb.com/title/tt2931524/?ref_=ttep_ep_tt" target="_blank">House Rules</a>.
Prince suffered a major depressive episode, and symptoms consistent with post traumatic stress disorder after she and her partner were cast as the “mean girls” in the 2017 season of the series.
She provided convincing evidence program directors manipulated series content to ensure the pair appeared to be hypercritical of other contestants, drawing not only their hostility, but also an avalanche of hateful social media comment. (Channel Seven <a href="/news">refused</a> to remove the offensive and often violent posts.)
The case before the <a href="/news">New South Wales Compensation Commission</a> concerned a statutory claim under the <a href="https://www.legislation.nsw.gov.au/#/view/act/1987/70/whole" target="_blank">Workers Compensation Act 1987 (NSW)</a> for medical expenses.
However it raises the prospect of potential common law claims by other reality TV “stars” who have been treated badly. In the wake of the ruling, fellow reality TV contestants including <a href="https://www.news.com.au/entertainment/tv/reality-tv/mafs-stars-are-considering-legal-action-following-landmark-seven-ruling/news-story/4c547bacaf2195a45ebafb6118da15b9" target="_blank">Tracey Jewel</a> from Married at First Sight have floated the possibility of legal action.
On the books
Prince’s success depended upon a finding she was an employee according to the <a href="https://www.fairwork.gov.au/how-we-will-help/templates-and-guides/fact-sheets/rights-and-obligations/independent-contractors-and-employees" target="_blank">common law test</a> that defines employment. The difference between an employee and independent contractor is based on multiple factors and has developed with court decisions over time. To make a determination, courts look at each case and the overall “vibe” of the relationship between the parties.
<a href="https://images.theconversation.com/files/298456/original/file-20191024-119423-u7eksu.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/298456/original/file-20191024-119423-u7eksu.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
Contestants Fiona Taylor and Nicole Prince (above) were portrayed as villains on the renovation reality show. Channel 7
Employees are also owed duties of care under <a href="https://en.wikipedia.org/wiki/Tort">tort law</a> (which determines civil liability) and <a href="https://en.wikipedia.org/wiki/Contract">contract</a> law (which governs agreements).
An employer who exposes an employee to unnecessary risk of foreseeable harm can also be held liable at common law for damages that can extend to lost earnings. In this case, Prince gave evidence she had been unable to find employment following her disastrous experience on the show.
The prospect for these kinds of claims has long been <a href="https://scholarship.shu.edu/sports_entertainment/vol23/iss1/5/">recognised</a> in the United States, where claims by contestants (or their surviving family members) have been brought against television production companies, although rarely successfully.
In 2017, the US reality dating show Bachelor in Paradise was <a href="https://www.vulture.com/2017/07/bachelor-in-paradise-timeline-of-allegations">suspended</a> for nine days pending allegations of sexual misconduct (later dismissed). Two contestants on the show had engaged in sexual activity under the influence of alcohol.
The scandal <a href="http://www.cardozoaelj.com/2019/02/10/corporate-responsibility-reality-show-participants/">raised the question</a> of when reality TV producers should intervene to protect contestants.
The sticking point in the US cases has been the ability of networks to disclaim employer status in their written contracts with contestants. In Australia, however, employment status cannot be avoided by contractual disclaimers if the court decides the relationship bears the hallmarks of employment, established in a number of <a href="https://www.propertyobserver.com.au/http://eresources.hcourt.gov.au/showCase/2001/HCA/44">High Court cases</a>.
House Rules
The Workers Compensation Commission found Prince was engaged for remuneration ($500 a week plus $500 in allowances) to serve Seven’s business. Seven exerted control over when she worked, what she wore, and which tools she used.
As a featured personality, Prince was an integral part of their business. She was required to provide exclusive service, and give up her normal occupation, during filming.
Finally, Prince bore none of the entrepreneurial risks that would be involved were she engaged in her own business.
These factors were said to “overwhelmingly” indicate she was employed by Seven.
<a href="https://images.theconversation.com/files/298457/original/file-20191024-119405-1h3nnal.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/298457/original/file-20191024-119405-1h3nnal.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
The original House Rules cast. IMDB
Once it was established she was an employee it was a straightforward matter to find her psychiatric illness was a consequence of her employment. While the Commission made no findings as to fault (statutory Workers Compensation claims are not fault-based), certain observations made in the reasons suggest Prince may well be able to demonstrate the harm she suffered was foreseeable.
The commission <a href="/news">concluded</a> Seven deliberately manipulated her on-screen portrayal as a nasty person, and was made aware of the torrent of abuse she was receiving as a consequence. It refused to take any steps to ameliorate the harm, no doubt because this kind of conflict and outrage is a calculated part of such shows’ audience appeal.
A legal landmark
This appears to be the first successful claim of this nature in Australia.
It’s possible claims brought by contestants who are physically harmed could be settled by the insurers.
This one, involving the infliction of psychological harm, opens a wide door to more potential claims from contestants who naively expect to be able to present themselves as their usual loveable selves on the television, and end up as social pariahs.
The amount Prince is to be compensated has not yet been determined. But in 2011, a NSW woman who suffered psychiatric illness and was unable work after she had been subjected to workplace bullying and harassment was <a href="https://www.smh.com.au/national/nsw/theres-more-to-reveal-says-orkopoulos-whistleblower-20110602-1fizc">awarded $438,000</a>.
This case also raises some very interesting questions about whether reality TV contestants might bring other claims related to employment. Minimum wages, perhaps? Or superannuation entitlements?
Prior to the Prince decision, the Law Society of NSW published a <a href="https://lsj.com.au/articles/the-legal-implications-of-reality-television/">tongue-in-cheek piece</a> that flagged a shopping list of potential legal claims reality stars might pursue.
Those claims may be far-fetched, but the <a href="/news">refusal</a> of Seven’s insurer to pay Prince’s compensation claim – which set this legal precedent in motion – has opened up a proverbial can of worms for reality television producers.<img src="https://counter.theconversation.com/content/125801/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;">
Joellen Riley Munton, Professor of Law, University of Technology Sydney.
This article is republished from <a href="http://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/new-house-rules-landmark-ruling-could-trigger-other-workers-compensation-claims-from-reality-tv-stars-125801">original article</a>.
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New house rules: landmark ruling could trigger other workers’ compensation claims from reality TV stars

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Crowds stretching for 1.4 kilometres lined up for the opening of Broadway Sydney’s new LEGO Store earlier this month.
Broadway Sydney Centre Manager Justine Saltmarsh said it was a very successful launch unveiling a Broadway mosaic, hand-built from 51,769 individual bricks and a bespoke Broadway 3D model, hand-made from 28,179 bricks.
It was so popular, traffic for the centre was up 20%.
<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/2019/10/16/Mirvac-Broadway-LEGO-opening-191012-PaulMcMillan-34.jpg" alt="">
“We can’t wait to see the creativity unlocked on level 2, this is truly a wonderful new experience to add to Broadway’s status as a much loved destination,” Saltmarsh said.
She said the Level 2 environment with its eclectic mix of dining, fashion and highlighted art installations made a perfect environment to the Lego Store.
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Lego store opens in Broadway Sydney

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A Southport, Queensland mortgagee home has been sold for $276,000 under the auctioneers gavel.
The unit last sold for $340,000 in 2009.
Victor Tauch and Robert Peel or Ray White marketed the home.
Situated at <a href="https://www.realestate.com.au/sold/property-unit-qld-southport-132072574" target="_blank">12/16-26 Sykes Court</a>, the property features 89 sqm of internal space.
The two bedroom two bathroom apartment is noted as having "a strong rental return" in the listing.
In 2004, the year of its construction the unit previously sold for $300,000.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><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/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a home in <a href="/developments/southport-qld-4215">Southport</a> is $467,750 according to CoreLogic.
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Southport, Queensland mortgagee home sold for $65,000 loss

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A high-profile site on a corner position in Melbourne's north suburb Brunswick West has been sold for $1.89 million.  
The sale price reflected a tight 4.6% yield, with the property leased to Bottlemart Express.
The 531 square metre block at 82-86 Melville Road and 250 Hope Street was sold Fitzroys agents Chris James and Ervin Niyaz to a local investor. 
James said the campaign generated more than 70 enquiries from mostly developers and land bankers.
Zoned Commercial 1, the site has a shop and rear dwelling building totalling 450 square metres, and frontages to Melville Road, Hope Street and a right of way totalling 65 metres.
“Developers see value in Brunswick West due to the increased and ongoing development and the growing local population,” Niyaz said.
“The purchaser was particularly attracted to the corner block and value-add perspective, and liked the potential to carve up the shops into smaller tenancies and renovate the dwelling on Hope Street for the short-term." 
According to population and demographics research house, .id, Brunswick West is in the middle of a population surge of 3.68% per annum that is well above greater Melbourne’s nation-leading rate.
James said the ongoing popularity of medium and high-density living across Melbourne’s inner-north has spilled across from Sydney Road and the Upfield train line through Brunswick.
“Residential developments recently completed and in various stages of planning and construction throughout Brunswick West are creating more demand for retail and services in the area, particularly along Melville Road, and the new owner of the property will look to capitalise on this,” he said.
“The property is situated amongst a vibrant neighbourhood precinct, notable lifestyle and retail tenants include Postmistress Eatery, Mister Troung’s, Foodworks and 7-Eleven, and is at the doorstep of the Route 58 tram stop, which offers services running through the hospital precinct and near Melbourne University and RMIT University and Queen Victoria Market through to the CBD.”
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Brunswick West corner site sold for $1.89 million

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The retail lots in the former Legion Cab headquarters in Surry Hills has hit the market for the first time. 
With over 50 metres of frontage to Foveaux Street, the mix of tenancies at 80 Foveaux Street is set to fetch more than $15 million.  
It is offered for sale via expressions of interest by Miron Solomons, Matthew Meynell, Matt Pontey and Nick Lumley of Colliers International.
The property spans over 1,000 square metres and sits less than 300 metres from Central Station.  
All Shops in the development have been leased to tenants including Sushi Train, Zeus Street Greek, The Bunker gym and high-end culinary school SBTA.
Net rental income across the four tenancies is about $659,300.
“This is the first time that we’ve seen brand new prime retail of this calibre offered in Surry Hills,” said Miron Solomons, National Director, Investment Services at Colliers International.
“Assets with four quality tenants, strong covenant and full amenities including parking and loading are extremely hard to find in Sydney’s CBD Fringe markets.”
“The ground floor retail captures 50 metres of frontage along Foveaux Street, perfectly positioned to take advantage to the huge amount of government investment and infrastructure being poured into the area.”
Nick Lumley, Executive, Investment Services at Colliers International said: “Sydney’s fringe retail markets are benefiting from close to $2 billion in infrastructure investment and increased demand from the rises in tourists, office workers, urban residents and international students.”
Expressions of Interest for the ground floor 81 Foveaux Street close November 13.
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Surry Hills retail lots listed for sale with $15 million plus hopes  

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<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/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Staff reporter

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