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Interest rates for investors are finally heading south with the average investor principal and interest rate dropping 35 basis points, according to financial comparison site mozo.com.au.
Falling from 4.76% to 4.41% following consecutive official rate cuts and changes to the APRA cap.
On average an investor with a $300,000 loan taken over 30 years will be $63 a month better off following the cuts.
Mozo Property Expert Steve Jovcevski said, “the RBA’s decision to cut 50 basis points off the official cash rate this year and the removal of the APRA cap on interest only loans has warmed up the paddles of life for property investors."
“It’s encouraging that as well as rate cuts for investors paying principal and interest, we’re seeing a downward movement on interest only loans."
“This time two years ago property investors were staring down average interest only rates of 5.12% and lenders were handcuffed around the volume of loans they could issue by the APRA cap," he added.
<img src="https://www.urban.com.au/images/2019/7/29/Mozo%20Interest%20Rates.JPG" alt="">
Following the RBA’s action on rates this year, Mozo found Westpac made the most significant cuts of the Big 4 banks slicing 35 basis points off its investor interest only rate in June, and 30 basis points in July.
CBA wasn’t far behind with two full 25 basis point cuts.
Jovcevski says, “while this rate relief is welcome news for investors, compared to owner occupiers, they are still in the hurt locker. At a time when rental returns are under pressure, it’s still difficult to lay a solid foundation for investing in property."
“Considering the current average investor interest only rate of 4.52% is still higher than it was before APRA introduced its cap in 2017, the investor loan market still has a lot of room to move in the coming months," Jovcevski concluded.
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j.ballantyne1990-6AQqhLzZaK

Interest rates for investors are finally heading south: Mozo.com.au

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Two investment properties in Riverland, South Australia are being offered to market by Savills for sale either together or individually.
Located at <a href="https://www.commercialrealestate.com.au/property/29-kernich-street-renmark-west-sa-5341-2015428286" target="_blank">29 Kernich Street, Renmark West</a> (pictured in title) and <a href="https://www.commercialrealestate.com.au/property/38-kuhlmann-road-old-calperum-sa-5341-2015428287" target="_blank">38 Kuhlmann Road, Old Calperum</a>, the two sites are leased long term to Better Drinks Co Pty Ltd, a subsidiary of Asahi Beverages.
For sale through Peter Isaksson, Steve Bobridge and Andrew Nagy of Savills Australia, each property is integral to the operations of Better Drinks and Asahi in Renmark.
The 29 Kernich Street property offers an office and factory facility comprising 3,474 sqm with a canopy of 630 sqm, totaling 4,104 sqm, together with concrete and gravel hardstand areas.
It sits on a site area of approximately 40,420 sqm with a street frontage of approximately 258 metres.
The guide price is $6.25 million. for the Primary Production – Horticulture Policy Area 4 zoned property.
The current annual rental is $468,856 pa plus GST plus outgoings.
38 Kuhlmann Road (pictured below) offers an office warehouse of approximately 2,400 sqm on a 5,958 sqm site with a street frontage of approximately 66 metres.
<img src="https://www.urban.com.au/images/2019/7/29/Renmark%202.JPG" alt="">
 
There is also a modern cool storage facility, which was constructed in 2002 and was extended in 2011 and 2018.
The property is zoned Industry- Calperum Policy Area 2.
The current annual rental is $238,76 7pa plus GST plus outgoings. The guide price is $3.25 million.
According to Peter Isaksson, Director at Savills Australia, “Both properties are located some 5 km from the Renmark township, the largest of the Riverland towns and a major SA Regional Centre."
“The area is highly regarded with the cultivation of fruit, vegetables, wheat and wool. In addition, tourism is also an important component of the township.”
Mr Isaksson went on to say both properties offer a five year plus five year right of renewal to The Better Drinks Co Pty Ltd, with leases expiring in February 2033 and October 2027 for 38 Kuhlmann Road and 29 Kernich Street respectively.
“This supports the long term secure nature of the offerings and there is a likelihood of expanding the Kernich Road site which the 4ha land holding can well accommodate.”
Both properties are being offered for sale by private treaty combined or separately through Savills Australia, with expressions of Interest closing August 7 2019.
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Savills marketing Adelaide home's of Better Drinks Co

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There are certainly opportunities in the current 2019 market to pay less than the last price.
But is there really such a thing as buying a bargain when it comes to property? And where are they?
This series of articles looks are specific examples of sale price or asking price falling. 
We take a look at where and if possible why this is happening.  
We came across this property for consideration.
A Caravonica, Queensland home located in a tropical rainforest is currently listed for $875,000.
Now entering it's 7th year on the market, the house originally sought $1.125 million.
Rick Szelpuk of NewManor Realty is currently marketing the property.
Situated at <a href="https://www.realestate.com.au/property-house-qld-caravonica-121892102" target="_blank">62-64 Fig Tree Drive</a>, the home sits on a 8,200 sqm block.
The three bedroom, three bathroom house is being offered for sale for the very first time.
Built over two levels, both the upper and lower floors are surrounded by wrap around entertaining decks.
Located 15 minutes to the Cairns CBD, the listing describes the home as a "magnificent timber master piece offering unparalleled privacy."
The holding was last sold in 1989 for $31,250.
<img src="https://www.urban.com.au/images/2019/7/29/Caravonica%20Bargain%202.JPG" alt="">
Property Observer advise that it is up to you to determine if the offering is a truly beneficial bargain.
<div class="image-wrapper">
Remember buying at the bottom of the cycle is fraught – as you can't really precisely pick the bottom nor know just how long until you see some price growth.
Be aware you could be buying a poor quality property in an area with ongoing issues of oversupply of stock.
The oversupply could be also putting downward pressure on rents.
Other price declines could be because the vendor needs a quick sale or paid way over the top on its last purchase chase.
Property Observer suggests property purchasing really does need to be a very well considered proposition with a long term mindset.
As a part of this series, we've already had a look at properties in <a href="/expert-insights/buying/bargain-property-at-mount-eliza-home-at-2-million-discount">Mount Eliza</a>, <a href="/expert-insights/buying/bargain-property-in-central-geelong-sale-price-dips-after-one-year">Central Geelong</a>, <a href="/expert-insights/buying/bargain-property-in-east-perth-near-new-apartment-makes-150-000-loss">East Perth</a> and <a href="/expert-insights/buying/bargain-property-in-sydney-olympic-park-apartment-listed-at-180-000-value-discount">Sydney Olympic Park</a>.
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Bargain property in Caravonica? Tropical Queensland rainforest house listing slashed $250,000

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The Agency has opened its first regional office in Victoria’s High Country at Mansfield.
The office will be headed by Allana Storer and Kate McDougall.
Peter Kakos, The Agency’s general manager in Victoria said The Agency had always wanted to expand to regional Victoria.
Mansfield is two and a half hours from Melbourne, with a burgeoning food and wine scene and adventure sports around Lake Eildon and the Delatite River.
“Mansfield is undergoing huge growth given its location at the foot of Victoria’s premier ski resort Mount Buller,” he said.
He added it was a busy town year-round: in winter during the snow season and in summer with mountain biking. 
Allana Storer was born and raised in the High Country, and worked at District Property Group.
They started working as a team two years ago and quickly became top selling agents in the area.
Kate has over two decades of experience in sales, marketing and guest services at Mount Buller.
Kate organised a black tie ‘buy a bale’ ball in 2018 where she and Allana first met Peter.
The event raised $190,000 for drought affected farmers all over Australia.
The Mansfield office already has two listings, <a href="https://www.realestate.com.au/property-acreage+semi-rural-vic-mansfield-131614346" target="_blank">99 Stoneleigh Road, Mansfield</a> and <a href="https://www.realestate.com.au/property-acreage+semi-rural-vic-mansfield-131627398" target="_blank">940 Mount Buller Road</a>.
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The Agency opens office in Mansfield to service Victoria's high country

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“New home sales in the June quarter were up by just 0.8 per cent on the preceding quarter. This is the first quarterly improvement since the December quarter in 2017,” stated HIA’s chief economist, Tim Reardon.
The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future trends in the residential building industry.
“Over the year to June 2019 new home sales fell 12.4 per cent compared with the previous financial year with every state recording a sharp contraction in sales,” added Mr Reardon.
“The small improvement in sales in the June quarter, suggests that the decline in new home sales that has been underway for more than a year, has started to ease.
“The upside of the current building industry downturn is that activity levels have synchronised across the east and west coasts – and within each state – making it easier for policy makers to coordinate policy settings.
“Two interest rates cuts, a tax cut and repeal of regulatory restrictions will encourage increased activity in the home building market.
“These measures, combined with ongoing stable population and employment growth should see new home sales improve toward the end of the year,” concluded Mr Reardon.
Around the states, new home sales rose for the June quarter compared to the previous quarter in Victoria (+5.1 per cent), Western Australia (+2.9 per cent) and South Australia (+2.6 per cent). 
The quarterly declines in sales in New South Wales (-1.7 per cent) and Queensland (-8.9 per cent) still represented a moderation of earlier declines.
 
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New home sales stabilise: HIA 

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There was a pre-auction sale on the Gold Coast when $5.5 million was paid for a newly built opulent six-bedroom, seven bathroom mega-mansion on the Sovereign Islands.
Its luxury inclusions at <a id="LPlnk692437" class="OWAAutoLink" href="https://www.realestate.com.au/property-house-qld-sovereign+islands-131469114" target="_blank">85 The Sovereign Mile</a> included a "presidential master suite," an underground entertainment den, vertical garden and pool.
Ivy Wu, at Amir Mian Prestige Property Agents’ Ivy Wu, sold the house to a local family. 
Set on a north facing 818sqm allotment, the 1,085sqm residence comprises six bedrooms, gourmet chef's kitchen, undercover entertainment pavilion, and tired cinema or media room.
<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/2019/7/29/sovereign%20islands%202.jpg" alt="">
There is a self-contained in-law suite with lounge, kitchenette and en-suite.
The natural material used in the construction of the home include polished travertine, Calcutta Marble and imported timbers.
<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/2019/7/29/sovereign%20islands%203.jpg" alt="">
Other highlights include 20m waterfront, gymnasium, Sawo Scandia sauna, internal lift, C-bus intelligent lighting system, and basement parking for over 6 vehicles. 
Located in the security patrolled community of Sovereign Islands, the property is only minutes to Broadwater. 
 
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Sovereign Islands $5.5 million pre-auction trophy home sale

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There are certainly opportunities in the current 2019 market to pay less than the last price.
But is there really such a thing as buying a bargain when it comes to property? And where are they?
This series of articles looks are specific examples of sale price or asking price falling. 
We take a look at where and if possible why this is happening.  
We came across this property for consideration.
A West Beach, West Australia house has seen its listing slashed by $300,000 and is still without a buyer.
The six bedroom, two bathroom home was first listed in April 2013, just over 6 years ago.
Paul Blackham of Professionals is currently marketing the listing.
The oceanfront reserve abode captures southern ocean and island views from its elevated position. It has an outlook from Dempster Head to Blue Haven.
Set on 1080 sqm, the property was originally listed for $1.5 million.
The asking price was first reduced to its current point, $1.2 million, in October 2016.
Two DA's were submitted for extensions to the home valued at a combined $100,000, following the last sale of the home in 2001.
It transacted for $450,000 when it traded hands in 2001.
The 1977 built home has garaging for 5 vehicles.
There are certainly opportunities in the current 2019 market to pay less than the last price.
<img src="https://www.urban.com.au/images/2019/7/26/West%20Beach%202.JPG" alt="">
Property Observer advise that it is up to you to determine if the offering is a truly beneficial bargain.
<div class="image-wrapper">
Remember buying at the bottom of the cycle is fraught – as you can't really precisely pick the bottom nor know just how long until you see some price growth.
Be aware you could be buying a poor quality property in an area with ongoing issues of oversupply of stock.
The oversupply could be also putting downward pressure on rents.
Other price declines could be because the vendor needs a quick sale or paid way over the top on its last purchase chase.
Property Observer suggests property purchasing really does need to be a very well considered proposition with a long term mindset.
As a part of this series, we've already had a look at properties in <a href="/expert-insights/buying/bargain-property-at-mount-eliza-home-at-2-million-discount">Mount Eliza</a>, <a href="/expert-insights/buying/bargain-property-in-central-geelong-sale-price-dips-after-one-year">Central Geelong</a>, <a href="/expert-insights/buying/bargain-property-in-east-perth-near-new-apartment-makes-150-000-loss">East Perth</a> and <a href="/expert-insights/buying/bargain-property-in-sydney-olympic-park-apartment-listed-at-180-000-value-discount">Sydney Olympic Park</a>.
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Bargain property in West Beach, WA? Waterfront reserve house listing slashed $300,000

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A Stirling North, South Australia mortgagee home has been listed for just over half its previous sale price.
Currently listed for $119,000, this marks a $116,000 reduction since it was last sold.
Nicole Fox of First National is currently marketing the listing.
Situated at <a href="https://www.realestate.com.au/property-house-sa-stirling+north-131613354" target="_blank">66 Quorn Road</a>, the property last transacted for $235,000 in 2012.
The three bedroom, one bathroom house features a dual semi-circle driveway, workshop area and a currently bone dry in-ground pool.  
Set on 1,104 sqm, the fully fenced abode is less than a kilometre from the nearest primary school.
A DA for the dwelling valued at $82,190 was submitted in October 2007. 
<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 sale price for a home in <a href="/news">Stirling North</a> is $250,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as -0.2%.
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Stirling North, SA mortgagee home listed for half previous sale price

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A Brisbane City apartment has sold for $340,000 under the mortgagee auction hammer.
The property transacted for $448,000 when last sold in 2011.
William Hawkins and Ben White of The Place marketed the unit.
Situated at <a href="https://www.realestate.com.au/property-apartment-qld-brisbane+city-131393754" target="_blank">2407/501A Adelaide Street</a>, the 24th floor apartment is described in the listed as an "oversized" and a "perfect investment opportunity or ideal pied a terre."
It captures views over the fringe to the north east, sights from the Story Bridge to the Northern Suburbs.
Located in Meriton's Soleil complex, it features amenities such as a heated indoor 25m lap pool, sauna, spa and a fully equipped gymnasium.
Set on 58 sqm, the listing estimates that the one bedroom, one bathroom unit could be rented for around $350/pw. 
<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 sale price for a unit in <a href="/news">Brisbane City</a> is $490,000, according to CoreLogic, which calculate its annual change in median price over the past 10 years as 1.1%.
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Brisbane City apartment sold for $110,000 loss at mortgagee auction

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There are certainly opportunities in the current 2019 market to pay less than the last price.
But is there really such a thing as buying a bargain when it comes to property? And where are they?
This series of articles looks are specific examples of sale price or asking price falling. 
We take a look at where and if possible why this is happening.  
We came across this property for consideration.
A three bedroom, two bathroom Glen Innes, New South Wales house has seen it's asking price fall yet again in the seven or so years it has been on market.
The home's asking price is just $265,000.
A $20,000 reduction on the June asking price of $285,000 and a $30,000 reduction on the May asking price of $295,000.
Diana Corcoran of Diana Corcoran Real Estate is currently marketing the listing.
Situated at <a href="https://www.realestate.com.au/property-house-nsw-glen+innes-113691499" target="_blank">31 Lindsay Avenue</a>, the abode was originally listed for $450,000.
Set on 873 sqm, the two story home has been "well maintained" according to the listing.
Featuring an in ground swimming pool and a double garage with internal access, the property itself sits on an elevated position.
The house has spent more than 2,400 days on the market.
<img src="https://www.urban.com.au/images/2019/7/26/Glen%20Innes%20Bargain%202.JPG" alt="">
Property Observer advise that it is up to you to determine if the offering is a truly beneficial bargain.
<div class="image-wrapper">
Remember buying at the bottom of the cycle is fraught – as you can't really precisely pick the bottom nor know just how long until you see some price growth.
Be aware you could be buying a poor quality property in an area with ongoing issues of oversupply of stock.
The oversupply could be also putting downward pressure on rents.
Other price declines could be because the vendor needs a quick sale or paid way over the top on its last purchase chase.
Property Observer suggests property purchasing really does need to be a very well considered proposition with a long term mindset.
As a part of this series, we've already had a look at properties in <a href="/expert-insights/buying/bargain-property-at-mount-eliza-home-at-2-million-discount">Mount Eliza</a>, <a href="/expert-insights/buying/bargain-property-in-central-geelong-sale-price-dips-after-one-year">Central Geelong</a>, <a href="/expert-insights/buying/bargain-property-in-east-perth-near-new-apartment-makes-150-000-loss">East Perth</a> and <a href="/expert-insights/buying/bargain-property-in-sydney-olympic-park-apartment-listed-at-180-000-value-discount">Sydney Olympic Park</a>.
</div>
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Bargain property in Glen Innes? House listing reduced 40% over 7 years

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

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.

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]

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