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GUEST OBSERVATION
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<li>I would like to know to what extent regenerative agriculture practices could play a role in reducing carbon emissions and producing food, including meat, in the future. From what I have read it seems to offer much, but I am curious about how much difference it would make if all of our farmers moved to this kind of land management practice. Or even most of them. – a question from Virginia</li>
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To identify and quantify the potential of regenerative agriculture to reduce greenhouse gas emissions, we first have to define what it means. If regenerative practices maintain or improve production, and reduce wasteful losses on the farm, then the answer tends to be yes. But to what degree is it better, and can we verify this yet?
Let’s first define how regenerative farming differs from other ways of farming. For example, North Americans listening to <a href="https://www.npr.org/sections/thesalt/2019/08/13/746576239/is-grass-fed-beef-really-better-for-the-planet-heres-the-science" target="_blank">environmentally conscious media</a> would be likely to define most of New Zealand pastoral agriculture systems as regenerative, when compared to the tilled fields of crops they see across most of their continent.
If milk and meat-producing animals are not farmed on pasture, farmers have to grow grains to feed them and transport the fodder to the animals, often over long distances. It’s hard to miss that the transport is inefficient, but easier to miss that nutrients excreted by the animals as manure or urine can’t go back to the land that fed them.
Healthy soils
Returning nutrients to the land really matters because these build up soil, and grow more plants. We can’t sequester carbon in soil without returning nutrients to the soil.
New Zealand’s style of pastoral agricultural <a href="https://www.propertyobserver.com.au/https://doi.org/10.1177/003231870806000107" target="_blank">does this well</a>, and we’re still improving as we focus on reducing nutrient losses to water.
Our pastoral soils tend to have <a href="https://doi.org/10.4141/S04-082" target="_blank">as much carbon</a> as they once did under forest, but concerns have been raised about <a href="http://doi.org/10.1016/j.agee.2013.11.012" target="_blank">carbon losses in some regions</a>. Yet, we do still have two big problems.
First, the animals that efficiently digest tough plants – including cows, sheep, and goats – all belch the greenhouse gas methane. This is a direct result of their special stomachs, and chewing their cud. Therefore, farms will continue to have high greenhouse gas emissions per unit of meat and milk they produce. The recent Intergovernmental Panel on Climate Change (<a href="https://www.ipcc.ch/" target="_blank">IPCC</a>) report <a href="https://www.bbc.com/news/science-environment-49238749" target="_blank">emphasised this</a>, noting <a href="https://www.ipcc.ch/site/assets/uploads/2019/08/2f.-Chapter-5_FINAL.pdf" target="_blank">that changing diets can reduce emissions</a>.
The second problem is worst in <a href="https://www.dairynz.co.nz/environment/climate-change/greenhouse-gases-in-the-dairy-industry/">dairying</a>. When a cow lifts its tail to urinate, litres of urine saturate a small area. The nitrogen content in this patch exceeds what plants and soil can retain, and the excess is lost to water as nitrate and to the air, partly as the powerful, long-lived greenhouse gas nitrous oxide.
Defining regenerative
Regenerative agriculture lacks a clear definition, but there is an opportunity for innovation around its core concept, which is a more <a href="https://doi.org/10.1016/j.egypro.2017.07.269" target="_blank">circular economy</a>. This means taking steps to reduce or recover losses, including those of nutrients and greenhouse gases.
Organic agriculture, which prohibits the use of antibiotics and synthetic pesticides and fertilisers, could potentially include regenerative agriculture. Organics once had the same innovative status, but now has <a href="https://www.newsroom.co.nz/2019/07/11/673094/when-less-is-better" target="_blank">a clear business model and supply chain linked to a price premium</a> achieved through certification.
The price premium and regulation linked to certification can limit the <a href="https://hal.archives-ouvertes.fr/hal-00886434/document" target="_blank">redesign of the organic agricultural systems</a> to incremental improvements, limiting the inclusion of regenerative concepts. It also means that emission studies of organic agriculture may not reveal the potential benefits of regenerative agriculture.
Instead, the potential for a redesign of New Zealand’s style of pastoral dairy farming around regenerative principles provides a useful example of how progress might work. Pastures could shift from ryegrass and clover to a more diverse, more deeply rooted mix of alternate species such as chicory, plantains, lupins and other grasses. This system change would have three main benefits.
Win-win-win
The first big win in farming is always enhanced production, and this is possible by better matching the ideal diet for cows. High performance ryegrass-clover pastures contain too little energy and too much protein. Diverse pastures fix this, allowing <a href="https://doi.org/10.1016/j.livsci.2018.01.009" target="_blank">potential increases in production</a>.
A second benefit will result when protein content of pasture doesn’t exceed what cows need to produce milk, <a href="https://doi.org/10.1007/s11368-016-1442-1" target="_blank">reducing</a> or <a href="https://doi.org/10.1016/j.anifeedsci.2017.04.023" target="_blank">diluting</a> the nitrogen concentrated in the urine patches that are a main source of nitrous oxide emissions and impacts on water.
A third set of gains can result if the new, more diverse pastures are better at capturing and storing nutrients in soil, usually through deeper and <a href="https://doi.org/10.1007/s11104-015-2463-z" target="_blank">more vigorous root growth</a>. These three gains interrelate and create options for redesign of the farm system. This is best done by farmers, although <a href="https://doi.org/10.1016/j.agsy.2017.03.015">models</a> may help put the three pieces together into a win-win-win.
Whether you’re interested in local beef in Virginia, or the future of New Zealand’s dairy industry, the principles that define regenerative agriculture look promising for redesigning farming to reduce emissions. They may prove simpler than <a href="https://www.noted.co.nz/currently/currently-science/climate-change-new-zealand-farms-low-emission-future" target="_blank">agriculture’s wider search</a> for new ways of reducing greenhouse gas emissions, including <a href="https://www.agresearch.co.nz/news/key-step-forward-for-game-changing-grass/" target="_blank">genetically engineering ryegrass</a>.<img src="https://counter.theconversation.com/content/123090/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;">
Troy Baisden, Professor and Chair in Lake and Freshwater Sciences, University of Waikato.
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/climate-explained-regenerative-farming-can-help-grow-food-with-less-impact-123090" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

Climate explained: regenerative farming can help grow food with less impact

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Caltex Australia has put 25 properties to market in the first tranche of a 50 property divestment strategy. 
The 25 service station/convenience store properties include 16 in New South Wales, seven in Victoria, one in WA, and one on the Gold Coast.
Caltex chief development officer, David Bridger, confirmed the strategic release of the first tranche of the sale of 50 freehold metropolitan sites was aimed at the apartment and mixed use market. 
The properties will be sold through CBRE and Stonebridge with purchasers having options to buy individual sites, sites in any combination or the offering as a whole. 
Locations include Surfers Paradise, Bondi, Mascot, Box Hill, and Perth.
CBRE Director Investments, Mark Wizel said the portfolio offered an opportunity for apartment, mixed use, retail, hotel and build-to-rent developers. 
"These sites are being offered at a time of strong ongoing demand for low to medium rise apartments which are now in short supply, due to the lack of development site opportunities within metro areas, particularly in Melbourne and Sydney," Wizel said. 
"The fact that the bulk of the sites are extremely well located to transport, schools and town centres make them ideal for apartments but for the same reasons they are also well suited to a range of other uses."
<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/2019/9/9/Caltex%20Brunswick%20East.jpg" alt="">
He said the offering had also come at a time when developers were looking to the suburbs for well-located low/medium rise opportunities. 
"Coincidentally those type of projects are ones which the banks are now much more amenable to providing funding for," Wizel said. 
He said market drivers such as the improving domestic residential clearance rate, low interest rates, and ongoing population growth would also be top of mind for prospective purchasers. 
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Recent CBRE research revealed an almost 30% rise in Asian buyer’s total spending from $880 million in 2017/2018 to $1.135 billion over the 2018/2019 financial year in Melbourne alone with nearly 80% of investment sales since June 1/2019 involving Asia-based investors. 
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Caltex puts 25 development sites on the market

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Wollogorang and Wentworth Station, the renowned 705,000 hectare cattle station in North Territory, has hit the market. 
Bordering the Gulf of Carpentaria, it comprises 576,000 hectare Wollogorang Station and 129,000 hectare Wentworth Station. 
The property can be reached by air from Cloncurry or Mt Isa, as well as accessed via the road network.
The properties’ natural attributes include reliable and plentiful rainfall, with additional water sources including large creeks and seasonal lagoons.
 <img src="https://www.urban.com.au/images/2019/9/11/4%20Information%20Memorandum.JPG" alt="">
Over the last four years, there has been upgrades to the property's infrastructure, including the installation of Lorentz solar bore pumps
Additionally, the current owners have made inroads in the field of genetics with reference to the station’s stock of Brahman cattle.
Wollogorang and Wentworth cattle stations are being sold with an inventory of 30,000 head of cattle, though the land can take a higher load.
Already in place are new cattle yards and livestock management equipment found near the main homestead, capable of taking on 3000 head of cattle.
<img src="https://www.urban.com.au/images/2019/9/11/5%20IM%202.JPG" alt=""> 
Accommodation for staff and management is well catered for, with the main homestead offering a two storey, five-bedroom home, with contemporary features such as a cinema room.
The property is being sold through Ray White Rural Queensland by expressions of interest, which closes September 25. 
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Wollogorang and Wentworth, NT cattle stations for sale 

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The National Housing Finance and Investment Corporation (NHFIC) is starting detailed consultations with lenders regarding their potential participation the Federal Government’s new First Home Loan Deposit Scheme.
The Scheme is scheduled to commence on 1 January 2020.
It will be administered by NHFIC, subject to the passage of legislative amendments, which have been introduced into the Parliament today. 
It is known as the National Housing Finance and Investment Corporation Amendment Bill. Michael Sukkar, the Minister for Housing, presented the bill.
It seeks to establish a First Home Loan Deposit Scheme to assist eligible first home buyers with a minimum 5 per cent deposit (rather than the industry standard of 20 per cent) to purchase a home.
NHFIC is seeking feedback from lenders on implementation of the Scheme via a market sounding consultation process.
This market sounding is the pre-cursor to a procurement process which will be used to establish a panel of lenders to participate in the Scheme.
It builds on initial stakeholder consultations undertaken to date. 
All residential mortgage lenders are welcome to participate in the market sounding process.
NHFIC is making a Scheme Features paper available to participants for the purposes of the market sounding process. 
Further information on the market sounding process, including how lenders can participate and obtain a copy of the Scheme Features paper, is available via the NHFIC website https://www.nhfic.gov.au/fhlds/ or by emailing Lenders@FHLDS.nhfic.gov.au 
Responses to the market sounding are required to be submitted before 5pm AEST on Thursday 3 October 2019. 
The introduction of legislation giving effect to the Commonwealth Government’s deposit gap scheme is the first step in easing the pathway to home ownership, according to the Urban Development Institute of Australia (UDIA).
The UDIA’s National Executive Director Connie Kirk has welcomed introduction of the legislation and said the next critical step was getting design features right.
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Lenders sought for the First Home Loan Deposit Scheme

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EXPERT OBSERVER
Sydney’s Inner West Council has a new policy that it is reported means “residents will no longer need to seek council approval to prune or remove trees within three metres of an existing home or structure”.
Hold on, don’t reach for that chainsaw yet, because <a href="http://www.aecom.com/content/wp-content/uploads/2017/04/Green-Infrastructure-vital-step-brilliant-Australian-cities.pdf" target="_blank">research shows</a> good green infrastructure – trees, green roofs and walls – can add value to your home.
 
Green infrastructure offers significant, economic, social and environmental benefits. Urban greening is particularly important in dense urban areas like Sydney’s Inner West. Among its benefits, green infrastructure:
<ul>
<li><a href="https://theconversation.com/how-urban-bushland-improves-our-health-and-why-planners-need-to-listen-72876" target="_blank">improves air quality</a></li>
<li>provides <a href="https://theconversation.com/many-people-feel-lonely-in-the-city-but-perhaps-third-places-can-help-with-that-92847" target="_blank">space for social interaction</a>
</li>
<li><a href="https://theconversation.com/more-than-just-drains-recreating-living-streams-through-the-suburbs-83345" target="_blank">manages stormwater</a></li>
<li><a href="https://theconversation.com/why-are-cities-warmer-than-the-countryside-53160" target="_blank">reduces the urban heat island effect</a></li>
<li>provides space for <a href="https://theconversation.com/three-ways-cities-can-help-feed-the-world-without-costing-the-earth-112186" target="_blank">urban food production</a>
</li>
<li>
<a href="https://theconversation.com/the-small-patch-of-bush-over-your-back-fence-might-be-key-to-a-species-survival-108672" target="_blank">improves biodiversity</a>.</li>
</ul>
Some of these benefits accrue to owners/occupiers, whereas others provide wider societal benefits.
A <a href="http://www.aecom.com/content/wp-content/uploads/2017/04/Green-Infrastructure-vital-step-brilliant-Australian-cities.pdf" target="_blank">2017 study</a> focusing on three Sydney suburbs found a 10% increase in street tree canopy could increase property values by A$50,000 on average. And the shading effect of trees can <a href="http://www.gallagherstudio.com.au/blacktown-cool-streets-pilot-project" target="_blank">reduce energy bills by up to A$800 a year in Sydney</a>. So retaining your green infrastructure – your trees, that is – can deliver direct financial gains.
On a larger scale, a <a href="https://opus.lib.uts.edu.au/bitstream/10453/121458/1/Ghosh_Yung-Full-paper-Ecocity-Summit-2017-Final.pdf" target="_blank">collaborative project</a> with Horticulture Innovation Australia Limited compared carbon and economic benefits from urban trees considering different landuses along sections of two roads in Sydney. Higher benefits were recorded for the Pacific Highway, with 106 trees per hectare and 58.6% residential land use, compared to Parramatta Road, with 70 trees per hectare and 15.8% residential.
For the Pacific Highway section, total carbon storage and the structural value of trees (the cost of replacing a tree with a similar tree) were estimated at A$1.64 million and A$640 million respectively. Trees were also valuable for carbon sequestration and removing air pollution.
Tree species, age, health and density, as well as land use, are key indicators for financial and wider ecosystem benefits. Specifically, urban trees in private yards in residential areas are vital in providing individual landowner and collective government/non-government benefits.
<a href="https://images.theconversation.com/files/290832/original/file-20190904-175710-thqcje.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/290832/original/file-20190904-175710-thqcje.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Take away the trees close to these houses in Marrickville, in Sydney’s Inner West, and how much would be left? <a class="source" href="https://en.m.wikipedia.org/wiki/Henson_Park" target="_blank">Graeme Bartlett/Wikipedia</a>, <a class="license" href="http://creativecommons.org/licenses/by-sa/4.0/" target="_blank">CC BY-SA</a>
<h2>Challenges of growth</h2>
As populations grow, cities increase density, with less green infrastructure. The loss of greenery affects the natural environment and both human and non-human well-being.
<a href="https://images.theconversation.com/files/290809/original/file-20190904-175682-j6pcza.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/290809/original/file-20190904-175682-j6pcza.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=237&amp;fit=clip" alt=""></a>
Tree canopy cover across Greater Sydney plummets closer to the city centre. <a class="source" href="https://www.greater.sydney/metropolis-of-three-cities/sustainability/city-its-landscape/urban-tree-canopy-cover-increased" target="_blank">© State of New South Wales through the Greater Sydney Commission. Data: SPOT5 Woody Extent and Foliage Projective Cover (FPH) 5-10m, 2011, NSW Office of Environment and Heritage</a>
Trees and other green infrastructure reduce some impacts of urban density. However, policies, government incentives and national priorities can produce progress in urban greening or lead to setbacks. In the case of the Inner West Council, for instance, the inability to fund monitoring of changes in tree cover could lead to reductions at the very time when we <a href="https://www.greater.sydney/metropolis-of-three-cities/sustainability/city-its-landscape/urban-tree-canopy-cover-increased" target="_blank">need more canopy cover</a>.
<a href="https://theconversation.com/if-planners-understand-its-cool-to-green-cities-whats-stopping-them-55753" target="_blank">Key concerns</a> include installation and maintenance costs of green infrastructure (trees, green roofs and walls) in property development, and tree root damage. Knowledge and skills are needed to maintain green infrastructure. As a result, developers often consider other options more feasible.
In the short and long term, multiple performance benefits and economic and environmental values are needed to establish the viability of green infrastructure.
<h2>Learning from Stockholm</h2>
Stockholm shares many issues found in Australian cities. Stockholm houses over 20% of Sweden’s inhabitants, is increasing in density and redeveloping land to house a growing population. Aiming to be fossil-free by 2050, Stockholm acknowledges the built environment’s role in limiting climate change and its impacts.
In a research project we intend to use <a href="https://theconversation.com/au/topics/virtual-reality-5439" target="_blank">virtual reality</a> (VR) and <a href="https://www.healthdirect.gov.au/electroencephalogram-eeg" target="_blank">electroencephalogram</a> (EEG) technology to assess perceptions of green infrastructure and reactions to it in various spaces.
Our project combines VR with EEG hardware, which measures human reactions to stimuli, to learn how people perceive and value green infrastructure in residential development.
<h2>Identifying all the value of green infrastructure</h2>
The many benefits of green infrastructure are both tangible and non-tangible. Economic benefits include:
<ul>
<li>those that directly benefit owners, occupants or investors – stormwater, increased property values and energy savings</li>
<li>other financial impacts – greenhouse gas savings, market-based savings and community benefits.</li>
</ul>
The various approaches to evaluating net value present a challenge in quantifying the value of green infrastructure. The most common – cost-benefit analysis, triple bottom line, life cycle assessment and life cycle costing – are all inadequate for evaluating trade-offs between economic and environmental performance. Conventional cost-benefit analysis is insufficient for investment analysis, as it doesn’t include environmental costs and benefits.
This is salient for green infrastructure, as owners/investors incur substantial direct costs, whereas various shareholders share the value. Perhaps, in recognition of the shared value, a range of subsidies could be adopted to compensate investors. Discounted rates anyone?
Recent efforts to evaluate the business case for green infrastructure include attempts to identify and quantify the creation of economic, environment and community/social value. However, an approach that includes a more comprehensive set of value drivers is needed to do this. This is the gap we aim to fill.
The results of experiments using VR and EEG technology and semi-structured interviews will provide a comprehensive understanding of green infrastructure. This will be correlated with capital and rental values to determine various degrees of willingness to pay.
With this knowledge, property developers in Sweden and Australia will be able to make a more informed and holistic business case for increasing green infrastructure for more liveable, healthy cities.
Maybe we can then persuade more people, including those in the Inner West, to hang onto their trees and leave the chainsaws in the garage.<img src="https://counter.theconversation.com/content/122710/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/sara-wilkinson-14186">Sara Wilkinson</a>, Associate Professor, School of the Built Environment, <a href="http://theconversation.com/institutions/university-of-technology-sydney-936" target="_blank">University of Technology Sydney</a>; <a href="https://theconversation.com/profiles/agnieszka-zalejska-jonsson-823679" target="_blank">Agnieszka Zalejska-Jonsson</a>, Researcher, Division of Building and Real Estate Economics, <a href="http://theconversation.com/institutions/kth-royal-institute-of-technology-3258" target="_blank">KTH Royal Institute of Technology</a>, and <a href="https://theconversation.com/profiles/sumita-ghosh-485400" target="_blank">Sumita Ghosh</a>, Senior Lecturer, School of the Built Environment, <a href="http://theconversation.com/institutions/university-of-technology-sydney-936" target="_blank">University of Technology Sydney</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/trees-can-add-50-000-value-to-a-sydney-house-so-you-might-want-to-put-down-that-chainsaw-122710" target="_blank">original article</a>.
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Trees can add $50,000 value to a Sydney house, so you might want to put down that chainsaw

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Many first home buyers feel a sense of optimism about commencing their journey into the property market, according to the latest Herron Todd White (HTW) residential report. 
The report notes that obtaining real value for money, affordability (repayments) and wariness of making a mistake are their key concerns.
Many first home buyers can be categorised into two groups:
1. Those who are over the rental roller coaster and the high costs of renting even a modest property in their preferred location
2. Those who want the perceived stability of owning their own home and are intent on building a nest for their existing or imminent family.
"Within the Lismore locality, the affordable end of the market that provides an entry into the property market for let’s say less than $350,000 offers a wider range of choice not available in the beach side or coastal areas," the valuation firm said. 
A three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-east+lismore-130399394" target="_blank">103 Nielson Street, East Lismore</a> (pictured above) sold for $335,000 earlier this year.
The property is flood free according to Lismore City Council records, is within 50 metres of sporting fields, three kilometres by road from the Lismore CBD and within one kilometre of the Southern Cross University.
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Built in the 1950s and recently internally renovated, this three-bedroom, one-bathroom dwelling is set on a 506 square metre, near-level lot with a single garage and room for a shed at the rear or a carport in front of the single garage.
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<a href="https://www.realestate.com.au/sold/property-unit-nsw-goonellabah-130861762" target="_blank">3/25 Cambridge Drive, Goonellabah </a>(pictured above) sold for $320,000 in April this year.
The property is flood free according to Lismore City Council records, backs on to a bushland reserve and is within one kilometre of schools, parks and Goonellabah shopping centre and aquatic centre.
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Built in 1994 and recently internally renovated, this three-bedroom, one-bathroom unit has a single garage and has been well maintained. 
A paved outdoor area at the rear overlooks bushland. There is scope to further improve this unit and add value by adding a rear pergola and updating the kitchen to suit.
Upgrader home buyers
"Upgraders feel the need to expand their living to cater for growing families, create more comfort and move on up the property ladder.
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"Within the Lismore locality, upgraders from the entry level end of the property market with a budget between $350,000 and $600,000 have a wide range of choice that again is not available in the beach side or coastal areas," the valuation firm noted. 
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A renovated three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-east+lismore-131185078" target="_blank">45 Barham Street, East Lismore</a> (pictured above) sold for $450,000 in May this year.
The property is well elevated with district views and is within 2.5 kilometres of schools, Lismore golf course, sporting parks and Lismore Square shopping centre.
Built in 1985, it’s a two storey, three-bedroom, one-bathroom, renovated, detached modern dwelling with a two-car detached garage and two-car attached carport. 
The dwelling has room to remodel the lower level rumpus room into more bedrooms or a home theatre room.
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Rendering the external brick skin, expanding the rear pergola to a large deck and adding an infinity edge pool could take this property to the next level and add significant value, but watch the budget!
Prestige-end buyers
"Prestige property in the Lismore area is to be taken in context. This is property that offers features, dwelling size or views that are not available to the upgrade market or first home buyer price levels.
"Whether it be from a win, windfall or just plain hard work, people in this market expect that their property is a cut above the rest and they deserve to be there," the valuation firm said. 
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At a price point above $600,000, local prestige property is available but sells less frequently and sometimes the best properties sell by word of mouth or by an unsolicited approach.
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A 2004-built home at <a href="https://www.realestate.com.au/sold/property-house-nsw-goonellabah-130722654" target="_blank">11 Sophie Street, Goonellabah</a> (pictured above) sold for $618,000 in May this year.
The property is well elevated in a modern estate with local views and is within three kilometres of schools, sporting parks and Goonellabah shopping centre.
Built in 2004, this two storey, four-bedroom, two- bathroom, detached two-level modern dwelling has 213 square metres of living area, large rear deck, a double lock up garage, extensive landscaping and a below ground pool all on a 788 square metre allotment. 
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<li>Air conditioning</li>
<li>Polished hardwood timber flooring in the living areas</li>
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Additional storage area under the dwelling could be used to further expand the living area, but all that really needs doing to this property is just to keep it well maintained and tidy.
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A four bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-richmond+hill-130232890" target="_blank">4 Quail Place, Richmond Hill </a>(pictured above) sold for $840,000 in April this year.
The property is well elevated with good rural and distant hinterland views, and is within a ten minute drive of schools and Goonellabah shopping centre.
Built in the 1980s and renovated in 2012, this part two level, four-bedroom, three-bathroom, detached semi-modern dwelling has 278 square metres of living, outdoor areas of 94 square metres and is on a 1.54 hectare allotment.
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The property has room to be improved with a shed, pool, stable or tennis court.
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Lismore first home buyers feel optimistic: HTW Residential 

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Blackwater, a country town in the Central Highlands region of Queensland, took out the top spot in the latest CoreLogic Top 100 rental performance analysis.
CoreLogic's data to July found that the typical house in the town has a rental yield of 11.7%, and a median value of $122,165.
The CoreLogic Top Rental Performers Report lists 100 suburbs where houses or units have an estimated gross rental yield of 5% or more per annum.
Median house values in the report ranged from $89,483 to $521,597, with units ranged between $133,205 and $395,577.
A three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-qld-blackwater-130413426" target="_blank">14 Bean Street, Blackwater</a> (below) recently sold for $125,000 and is seeking tenants at $300 a week which would reflect a yield of 12.5%.
<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/2019/9/11/14%20Bean%20Street%20Blackwater%20Qld%204717%20%20.jpg" alt="">
Another three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-qld-blackwater-129836234" target="_blank">29 Boronia Street, Blackwater</a> recently secured a yield of more than 12%. The home, sold for $83,000, found tenants after asking $200 a week.
According to CoreLogic research analyst Cameron Kusher, the areas to make the grade as the 'best for rents' demonstrated solid rental yields, consistent rental growth and vacancy rates of less than 3%.
CoreLogic's report includes 63 suburbs where houses represent good rental opportunities and 37 suburbs where units offer the highest yields, while also demonstrating positive rental growth.
Key Findings:
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<li>42 Queensland suburbs made up the top 100 rental performers list</li>
<li>17 in New South Wales</li>
<li>15 in South Australia</li>
<li>15 in Victoria</li>
<li>8 in Tasmania</li>
<li>1 in Western Australia</li>
<li>1 in both Northern Territory and the Australia Capital Territory</li>
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Australia’s highest rental yields found in Blackwater, Queensland

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A former Wollongong real estate agent has been charged with multiple forgery, fraud and misappropriating offences.
Detectives from Lake Illawarra Police District, with the assistance of the Office of Fair Trading, commenced an investigation into the 53-year-old man following a complaint received in relation to the theft of funds.
Police allege between December 2017 and June 2018 the man made and submitted false documents to a business that provides real estate agents their entitled commissions up front.
The false documents included photoshopped emails and letterheads from solicitors and conveyancers located in the Illawarra, fabricated contracts of sales and agency agreements, false bank deposits and false signatures.
The documents were allegedly submitted on more than 12 occasions over the seven-month period, resulting in a financial advantage of $263,755.
The investigation revealed the man had also allegedly misappropriated more than $200,000 in funds from a sales trust account.
The 53-year-old man was arrested at Lake Illawarra Police Station last week.
He was charged with 12 counts of forgery, 12 counts of fraud and three counts of fraudulent conversion of money.
He was granted strict conditional bail and is due to face Wollongong Local Court on 5 November 2019.
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Wollongong real estate agent charged over alleged fabricated contract sales

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A Hamptons-style home set on almost half an acre of land in the heart of Hunter Valley Wine Country has hit the market.
It has been listed via expressions of interest by Cain Beckett from Jurd's Real Estate Cessnock. 
<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/2019/9/9/pokolbin%202.jpg" alt="">
Set in the precinct of the Vintage, the home at<a href="https://www.realestate.com.au/property-house-nsw-pokolbin-131921722" target="_blank"> 25 Paperbark Drive, Pokolbin</a> features Hamptons architecture including soaring rooflines, Dorma windows, Monier shingles and heavy cast-iron front doors. 
The northern wing comprises open living and dining space, kitchen with butler's pantry, and master suite opening out to in-ground pool.
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Connected by outdoor kitchen and whisky room to the other wing, the southern wing comes with three bedrooms, another living space, laundry and four car garage.
There is a self-contained bed-sit at the front of the home with its own kitchen and bathroom. 
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Other features of the home include reverse-cycle air conditioning, polished marble floors, tall ceilings and power room. 
The property is close to concert venues, vineyard and restaurant, less than an hour from the beaches of Newcastle and two hours from Sydney CBD. 
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Hamptons-style mansion in the Hunter Valley listed 

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A four bedroom family home overlooking the Royal Hobart Golf Course in Seven Mile Beach, Tasmania has been sold.
It was sold by Debbie Heron from Charlotte Peterswald for Property Sales Battery Point.
Located at<a href="https://www.realestate.com.au/sold/property-house-tas-seven+mile+beach-131695346" target="_blank"> 42 Woodhurst Road</a>, the home features a flow of common areas with double glazed windows and doors opening to entertaining deck and barbeque area.
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It comprises master room with designed walk through robe, three additional bedrooms, kitchen adjoining to dining and living areas, and double garage.
Located a short stroll to Seven Mile Beach and local store, the home is just a few minutes drive to Hobart Airport and Hobart CBD. 
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It was last sold for $720,000 in 2014. 
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Beachside home in Seven Mile Beach, Tasmania sold 

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

Joel Robinson

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

&nbsp;

Developer GURNER™ Group has revealed $1.65 billion in residential sales nationally across the 12 months to December 2025, driven largely by the continued momentum of its Docklands wellness-focused precinct, Elysium Fields.

The sales result was generated across seven projects in Victoria and New South Wales, headlined by Elysium Fields, GURNER™’s $2.75 billion mixed-use precinct planned for Harbour Esplanade in Docklands.

The project has recorded more than $500 million in sales across the first three towers, equating to around 580 apartments sold.

The first tower, Helios, has now sold out of its 240 private residences, with GURNER™ preparing to release a premium penthouse collection comprising 15 three-bedroom penthouses in coming weeks.

[smartcode_project:default project_id=144441 project_image_fid=370975]

Elysium Fields is being developed on the long-held 20,000 sqm Docklands site at 208-226 Harbour Esplanade, which had remained undeveloped for more than two decades prior to GURNER™ taking over the project around four years ago.

Construction has now commenced across four towers ranging between 18 and 30 storeys, with Hamilton Marino and Maxcon appointed as builders.

Once complete, the precinct is expected to comprise around 1,100 residences, alongside retail, hospitality and public realm uses integrated throughout the site.

[smartcode_project:default project_id=144441 project_image_fid=370981]

Designed by Fraser &amp; Partners in collaboration with GURNER™ Design House, the project has been positioned around the developer’s broader focus on wellness-led residential living.

“We don’t sell apartments. We create a true luxury lifestyle that simply doesn’t exist elsewhere in the market today,” Founder and Executive Chairman Tim Gurner said.

“To deliver that requires an extraordinary level of detail, coordination and discipline across multiple verticals, from design and hospitality through to wellness and service.”

“We’ve always believed that living extends far beyond the physical residence. It’s about how you feel the moment you arrive, how you live day-to-day, and the ecosystem that supports that.” 
[smartcode_project:default project_id=144441 project_image_fid=370977]

The project’s design places a heavy focus on landscaping, wellness amenities and biophilic design principles.

Plans include around 3,700 sqm of landscaped gardens and open space throughout the precinct, alongside a retail and dining offering spanning approximately 5,000 sqm.

The broader public realm strategy centres around what GURNER™ describes as the “Path of Life”, an urban forest and landscaped pedestrian environment intended to connect the various buildings and wellness spaces across the precinct.

The apartments themselves will incorporate a range of wellness-focused inclusions, including purified air and water systems, circadian lighting, antimicrobial surfaces, and optional in-home wellness upgrades.

[smartcode_project:default project_id=144441 project_image_fid=370980]

Gurner said the company’s experience through its Saint Haven wellness clubs had directly informed the residential offering now being incorporated into Elysium Fields.

“We’re seeing a clear global shift toward longevity, performance and proactive health,” Gurner said.

“Our role is to deliver that in a way that feels seamless, highly private and beautifully resolved within the environments we create.”

A large component of the wellness offering is planned through the resident amenity and health facilities proposed within the precinct.

That includes plans for bathing and recovery facilities spread throughout the towers, incorporating mineral pools, saunas, steam rooms, flotation therapy, red light therapy and wellness lounges.

The developer is also seeking approvals for what it describes as a “reverse ageing medical clinic” within the precinct.

[smartcode_project:default project_id=144441 project_image_fid=370978]

According to project information released by the group, the proposed facility would include cryotherapy, IV infusion therapy, infrared and dry saunas, PEMF beds, MRIs, DEXA scans, brain scans and blood analysis services.

Within the first tower, Helios, residents will also have access to a dedicated amenity offering known as the Sky Private Club.

The upper 15 levels of the building will include private lounges, dining spaces, rooftop amenities and optional private wellness studios integrated within residences.

The Helios tower itself comprises 260 apartments ranging between 60 sqm and 300 sqm, including a collection of penthouses.

That includes a planned two-storey penthouse spanning around 600 sqm with uninterrupted bay views.

The Elysium Fields precinct is being delivered in partnership with Digital Harbour Holdings, a consortium that includes the Liberman family, which controls the development rights across the Docklands site.

[smartcode_project:default project_id=144441 project_image_fid=370979]

The sales result comes as GURNER™ continues expanding its national development pipeline beyond Victoria.

“We have a strong pipeline across Australia and are now focused on scaling into key markets including New South Wales and Queensland, while continuing to build on our Melbourne base,” Gurner said.

“We currently have more than $3 billion in the market, growing to over $5 billion by October, and expect to materially outperform last year in the 2026 calendar year.”

The result also reflects the continued strength of the upper-end apartment market in Melbourne, particularly for owner-occupier-focused product with large-scale amenity and lifestyle offerings.

[smartcode_project_cta:default project_id=144441]

Record result anchored by the Group’s “utopian” Elysium Fields precinct – defying market headwinds in Docklands.

Elysium Fields drive Gurner to $1.65 billion in apartment sales over 2025

National Australia Bank (NAB) will fund <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a>, a $1 billion, 52-level luxury residential tower being developed by Central Equity in one of the Gold Coast’s most tightly held coastal locations at Northcliffe.

The project, launched recently by <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a>, one of Victoria’s largest private residential developers, comes at a time when construction funding for large residential developments has become increasingly competitive as lenders tighten exposure to the sector.

Multiplex has been appointed the builder, and construction is now underway.

[smartcode_project:default project_id=108274 project_image_fid=365784]

Since its first project, Central Equity has delivered more than 85 residential developments with a combined end value exceeding $8 billion.

Palmera reflects Central Equity’s growing focus on the Gold Coast luxury apartment market and continues a relationship between Central Equity and NAB that dates back to the late 1980s, when the bank funded one of Melbourne’s earliest inner-city residential towers at a time when high-rise apartment living in the CBD was largely unproven.

“NAB’s funding of Central Equity’s $36 million CBD development in the late 1980’s to the financing of the billion-dollar tower today highlights the long-term relationship between the two organisations in delivering major residential projects” said Central Equity Founder and Chairman Eddie Kutner.

He said NAB’s early support was instrumental in helping establish the company’s development model.

“When we commenced our first residential tower in the late 1980s the concept of funding off-the-plan apartments was still largely untested in Australia,” Kutner said.

“NAB recognised the opportunity early and supported the project when others were uncertain. That relationship has now continued for more than 37 years across many developments.”

[smartcode_project:default project_id=108274 project_image_fid=365771]

Central Equity was established in 1987 when Melbourne’s CBD and Southbank precinct were still dominated by warehouses and commercial buildings. Fewer than 100 residents lived in Southbank at the time, and large-scale residential development in the inner city was not widely considered.

Recognising changing demographics and lifestyle preferences, the company began developing high-rise residential projects designed to bring permanent residents into the city centre.

Central Equity has provided accommodation for approximately 40,000 residents across Melbourne’s CBD and Southbank, while also incorporating supporting infrastructure including essential lifestyle facilities like retail spaces, childcare facilities and neighbourhood activity centres.

Central Equity has spent many years assembling the Palmera development site on the corner of Garfield Terrace and Frederick Street in Northcliffe, creating a supersite of around 3,300 sqm.

The developer said the Palmera apartment tower reflects its long-term view of the Gold Coast as a growing and increasingly diversified economy.

[smartcode_project:default project_id=108274 project_image_fid=365768]

Supported by infrastructure including the light rail network, major road upgrades expanded education, hospital and medical facilities and continued expansion at the Gold Coast Airport with more international and domestic flights.

Positioned in the tightly held Northcliffe precinct, the 52-level tower will deliver 347 apartments, targeting buyers seeking a high-end coastal lifestyle, from downsizers to interstate investors.

Designed by Marchese Partners with interiors by DBI, Palmera has been conceived as a next-generation residential offering, featuring a collection of oversized apartments, with premium three-bedroom residences offering sweeping northern views stretching from Surfers Paradise through to Burleigh Heads.

[smartcode_project_cta:default project_id=108274]

NAB funds $1 billion Surfers Paradise apartment development, Palmera

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

Staff reporter

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