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Renewal SA has a number of industrial projects predominantly situated to the north and south of the Adelaide CBD, according to the latest report from Herron Todd White.
SA Renewal works to promote investment in the state through private sector access to government land holdings.
Projects include the Grand Trunkway Estate and Port Direct developments to the north-west of the CBD and close to Port Adelaide, Edinburgh North to the outer north, Tonsley to the south and Seaford to the outer south. 
The Grand Trunkway Estate is a General Industry zoned development of 15 hectares and has strong transport links to the Outer Harbour, Interstate Main Rail Line and the Port River Expressway.
The valuers noted that Renewal SA has also retained land for further stages and to accommodate occupiers with larger land requirements such as. 
Further north-west is the Port Direct development of 27 hectares which has access to the Outer Harbor import/export facilities and to the facilities within the Naval Shipbuilding Precinct which is within 1.2 kilometres. 
The Northern Adelaide Food Park at Edinburgh North is proposed to be the state’s premier food manufacturing precinct.
The site was previously earmarked for the Parafield Airport, however concerns from tenants and purchasers relating to the ownership of the land have caused the government to reconsider.
The Seaford Industry Park project commenced in 2004 with the aim to support food and wine businesses with links to McLaren Vale.
The development is zoned General Industry and aims to support the fast-growing suburbs south of the Adelaide CBD. 
Tonsley, the former Mitsubishi Motors assembly plant, is in the process of being completely re-developed into a mixed-use district with residential, high-value manufacturing and commercial allotments.
The Main Assembly Hub, an 80,000 square metre warehouse, has been adapted for re-use as the centre of Tonsley’s social activity and features shops, cafes, services and facilities.
The General Motors Holden site of approximately 122 hectares at Elizabeth (north of the Adelaide CBD) is reportedly under contract to an interstate developer with a large portion of the site to be transformed into an innovative business park.
The report indicates that Holden will retain a significant portion of the site as a spare parts operation and the history of the site will also be recognised with a proposed heritage and hospitality centre.
However the above developments are not considered to be situated within prime industrial locations the valuers noted.
The premier industrial precinct within Adelaide is Regency Park, which is partly due to its proximity and ease of access to major transport routes.
"The North-South Corridor is integral to the delivery of the 30-Year Plan for Greater Adelaide," it said.
"At present, there are a number of stages and ongoing works underway for the project, spanning some 78 kilometres between Old Noarlunga and Gawler which include a series of strategic non-stop links to connect the expanding industrial and residential growth areas."
Herron Todd White Research and M3 Property Research have seen yields within well located, prime industrial locations tighten.
Their research indicates prime industrial yields across all precincts are typically between 7.75% and 8.75%, whilst secondary yields are between 9% and 9.75%.
Market reports indicate that owner-occupiers have become a prominent purchaser group since the progressive phase-out of stamp duty in South Australia from 1 July 2016.
This, as well as the relatively low and competitive interest rates, has benefited purchasers and the valuers forecast it will continue to do so in the near future after the full abolishment at the end of the 2017/18 financial year.
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j.ballantyne1990-6AQqhLzZaK

SA Renewal industrial projects underway in Adelaide: HTW 

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The 2019 ACT Architecture Awards’ top prize has been won by a contemporary extension to an inner-south bungalow.
The prestigious Canberra Medallion was presented to Austin Maynard Architects for the Empire house (pictured above).
Minister for Planning and Land Management Mick Gentleman handed over the award.
The project also won the Gene Willsford Award for  Residential Architecture – Houses (Alterations and Additions).
Australian Institute of Architects ACT Jury Chair, Sarah Truscott, said the project displayed an understanding of the building’s heritage.
"Empire is located on a road that forms a key part of Burley Griffin’s masterplan,” said Truscott.
“The architects have shown respect for Canberra’s built heritage by preserving the best of this home and creating smart additional living spaces inside and out for all seasons."
Other major winners include Edgeworth Apartments, which won the Sydney Ancher Award for Residential Architecture – Multiple Housing for Cox Architecture, and the Concrete House by Rob Henry Architects won the Malcolm Moir and Heather Sutherland Award for Residential Architecture – Houses (New).
Clarke Keller and dwp|design worldwide partnership received the Enrico Taglietti Award for Educational Architecture for their work on ANU’s Hanna Neumann Building. The building also won the W Hayward Morris Award for Interior Architecture and the Pamille Berg Award for Art in Architecture.
"This new building brings together ANU’s Mathematical Sciences Institute and Computer Science in a new teaching and research hub. Embedded coding in the façade and interior details create a series of mathematical puzzles for students to decipher as they work their way up the building with the most complex on the top level," Truscott said.
A total of 30 Named Awards, Awards and Commendations were presented on the night.
ACT Chapter President, Philip Leeson, said: “This year’s awards saw 37 entries ranging from small alterations and additions to large public commercial buildings and institutions.
“Each year our awards showcase the extraordinary talent of the architecture profession and the outstanding buildings it produces and this year is no exception.
“The architects and their projects recognised by this year’s jury will enter the canon of great architecture that has contributed to the city of Canberra that we love.”
Named Award and Award winners will now progress to the National Architecture Awards to be announced on Thursday 7 November 2019. 
Full list of winners: 
<ul>
<li>Residential Architecture – Houses (Alterations and Additions) </li>
</ul>
The Gene Willsford Award – Empire by Austin Maynard Architects
Award – Yarralumla Shed by Gerard O’Connell (pictured below)
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/13/Yarralumla%20Shed.jpg" alt=""> 
<ul>
<li>Residential Architecture – Houses (New) </li>
</ul>
The Malcolm Moir and Heather Sutherland Award – Concrete House by Rob Henry Architects (pictured below) 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/13/concrete%20house.jpg" alt="">
Award – Red Hill House by Mathieson Architects
Award – Courtyard House by Rob Henry Architects
Commendation – Carwoola House by de Rome Architects
<ul>
<li>Residential Architecture – Multiple Housing </li>
</ul>
The Sydney Ancher Award – Edgeworth Apartments by Cox Architecture
Commendation – Shophouse by JUDD.studio
Commendation – Warehouse by JUDD.studio
<ul>
<li>Commercial Architecture</li>
</ul>
Commendation – Manuka Oval Media and Function Centre
<ul>
<li>Interior Architecture </li>
</ul>
The W Hayward Morris Award – ANU Hanna Neumann Building by Clarke Keller and dwp|design worldwide partnership
Commendation – Denman Village Shops by AMC Architecture (pictured below)
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/13/denman%20village.jpg" alt=""> 
<ul>
<li>Educational Architecture</li>
</ul>
The Enrico Taglietti Award – ANU Hanna Neumann Building by Clarke Keller and dwp|design worldwide partnership
Award – CGGS Early Learning Centre by Daryl Jackson Alastair Swayn
<ul>
<li>Public Architecture</li>
</ul>
Commendation – Cricket ACT by Clarke Keller
<ul>
<li>Small Project Architecture </li>
</ul>
The Cynthia Breheny Award – Charly_Demonstrator by Stack Space
<ul>
<li>Sustainable Architecture </li>
</ul>
The Derek Wrigley Award – CGGS Early Learning Centre by Daryl Jackson Alastair Swayn
Award – Courtyard House by Rob Henry Architects
<ul>
<li>Enduring Architecture </li>
</ul>
The Sir Roy Grounds Award – Wybalena Grove (1974) by Michael Dysart 
<ul>
<li>COLORBOND® Award for Steel Architecture </li>
</ul>
Award – Shophouse by JUDD.studio
<ul>
<li>Chapter Awards and Prizes </li>
</ul>
Canberra Medallion – Empire by Austin Maynard Architects
The Pamille Berg Award for Art in Architecture –ANU Hanna Neumann Building by Clarke Keller and dwp|design worldwide partnership
The Robert Foster Award for Light in Architecture – Red Hill House by Mathieson Architects
Architectural Professional Practice Award – Eric Martin, Eric Martin &amp; Associates
President’s Medal – Paul Barnett, Paul Barnett Design Group
Clem Cummings Medal – Jenny Edwards, Lighthouse Architecture &amp; Science
Emerging Architect Prize – Will Gardner, Guida Moseley Brown Architects
ACT Chapter Student Medallion – Byron Kelly, University of Canberra
Daryl Jackson Alastair Swayn Graduate Prize – Mark Bersolto, University of Canberra
John Redmond Prize – Justin Williams, University of Canberra
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Empire take out top prize at ACT Architecture Awards

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GUEST OBSERVATION
Official results show that 2018 was one of the strongest years on record for population growth, with the number of people living here rising by 404,780 during the year. 
This reinforces the need for state and territory governments to work with the Federal Government to implement microeconomic reform measures that will support the fast tracking of congestion busting infrastructure projects and more efficient planning, tax and red tape cutting regimes to support an increase in new housing construction.
ABS data indicates that Australia’s population rose by 1.6% over the course of 2018. Net migration from overseas accounted for about 250,000 additional residents while the excess of births over deaths added 156,000 to the population. 
There is a very strong linkage between inward migration to Australia and the pace of job creation. The 270,000 increase in total employment during 2018 is very similar to the figure for overseas migration. 
Population and jobs growth drives construction activity right across the spectrum including for residential, offices, shops, schools and hospitals – not to mention all of the support infrastructure needed.
Australia’s building sector is currently facing challenges in the form of weakening economic growth and difficulties around access to finance in some parts of the market.
Fast tracking the rollout of previously announced government infrastructure projects would help strengthen confidence on the ground in addition to meeting the needs of a growing population.
Master Builders estimates that between 193,850 and 201,705 new homes will need to be built each year over the coming two decades to accommodate future growth. Failing to do this will surely result in home ownership becoming an even more formidable quest for our younger generations.
Given that we managed to build just 173,350 dwellings per year over the past 20 years, the onus is on all tiers of government to lift their game and ensure that land supply, planning policy and taxation settings are more conducive to the delivery of the homes and buildings we will require.
During 2018, the fastest rate of population growth was in Victoria (+2.2%), followed by the ACT (+1.8%) and Queensland (+1.8%). More modest growth was recorded in NSW (+1.6%) and Tasmania (+1.2%). 
Particularly challenging economic conditions in the NT contributed to a 0.4% decline in its population during 2018. Population growth was quite modest in South Australia (+0.8%) and Western Australia (+0.9%).
SHANE GARRETT is Master Builders Australia’s Chief Economist.
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Strong population growth reinforces need for economic reform: Shane Garrett

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Queensland had the nation's cheapest auction result on the weekend.
It was <a id="LPlnk277824" class="OWAAutoLink" href="http://professionalscaboolture.com.au/real-estate/property/1061827/22-rosemary-street-caboolture-south-qld-4510/" target="_blank">22 Rosemary Street, Caboolture South</a> (below) which fetched $171,000 at a mortgagee auction. There were two bidders.
The three bedroom high set home came with two car garage underneath on its 405 square metre block, inland from Bribie Island.
It last sold at $143,000 in 2004.
"The upstairs living area needs repairs and will make a good project," the selling agent, John Dunne at the Professionals Caboolture advised.
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Caboolture South mortgagee sale ranks as nation's cheapest weekend auction

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Dalhousie, a 46.5 hectare (or 115 acre) rural lifestyle property at Nagambie, is for sale through agents Pat Rice &amp; Hawkins.
Offers on 1878 Northwood Road are due June 26 with expectations over $2.8 million.
Dalhousie has been listed by the daughters of the late Marie Tehan, who passed away in 2004. 
Tehan served terms in both houses of the Victorian Parliament holding appointments as both Minister for Health and later Conservation in the Kennett Liberal Government. 
The property was originally purchased by Tehan in 1995 and the homestead was built from 1997. 
It is architecturally designed and positioned to take advantage of the prime 500 metre frontage to the Goulburn River.
Its adjoining holding is the expansive improvements of Swettenham Stud, owned by Adam Sangster and developed under his ownership as one of Victoria’s top line thoroughbred stallion farms. 
Just north along the Northwood Road is the recently revived Mitchelton Winery and Hotel owned by the prominent Ryan family, while only a little further on is the historic Tabilk winery and vineyards of the Purbrick family. 
The Dalhousie homestead with its five bedrooms, extensive living and services area, quality kitchen, a study, plus a three car garage is surrounded by an extensive garden and lawned area than runs down to the river. 
These assets have been the site of many Tehan family events, including milestone birthday celebrations and weddings while the adjoining district landmarks can also be reached by boat. 
<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/2019/5/28/nagambie%202.jpg" alt="">
The property holds a two megalitre Stock and Domestic water right from the Goulburn, plus an extra irrigation licence. 
This has been used to provide stock watering troughs spread around the acreage where cattle have been grazed. 
There is excellent paddock fencing plus a good set of steel cattle yards. 
The home is set in a secluded position on the river frontage with a long driveway through the farm. 
The homestead, originally designed by architect Chris Petty, was sited to capture the northern exposure over the Goulburn River. 
Childs says that Dalhousie is the type of rural lifestyle property with commercial potential that comes to the market rarely and usually after long periods in family ownership. 
<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/2019/5/28/nagambie%203.jpg" alt="">
“The Tehan family has a long multi-generational involvement in agriculture in north central Victoria and were renowned for their ability to acquire and hold prime country," Childs said. 
“The late Marie Tehan secured the Dalhousie land as a prime district holding with one of the best direct Goulburn River exposures along its length. 
“The homestead was built to capture this special location. 
“Northwood Road which extends only twenty minutes beyond the Hume Freeway interchange at Seymour forms the golden mile of the Mitchell Shire thoroughbred industry. 
“Not only is Swettenham next door but just down the road is the acclaimed Godolphin stud property and several other breeding landmarks are in the immediate area. 
“For a family domain or a businessman’s retreat the offer of Dalhousie for sale by Expressions of Interest is a compelling opportunity for action.”
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Dalhousie, Nagambie acreage owned by late state minister Marie Tehan for sale

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A Noosa Heads trophy home with river views has been sold for $7.1 million.
Adrian Reed and Darren Neal of Reed &amp; Co. Noosaville had the five bedroom listing.
The north facing 1997 built mansion at 54 Noosa Parade comes with 20 metres waterfrontage.
Thee's a spa and pool with infinity edge. There's plenty of alfresco entertaining spaces.
<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/2019/4/19/noosa%202.jpg" alt="">
Its riverfront facilities include boat ramp and drive-through boat garage.
<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/2019/4/19/noosa%203.jpg" alt="">
Reed envisaged it to be one of the most significant sales of the year.
The property last sold in 2005 for $6.46 million, reflecting 0.6% annual price growth. Since then there have been 12 higher sales across Noosa.
 
 
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Noosa Heads trophy home fetches $7.1 million

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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 resort-style Mount Eliza residence on 2,701 sqm, with views of Port Phillip Bay and the city, is on the market with an amended price guide of $3.4 million to $3.7 million.
It was initially listed at $4 million to $4.4 million earlier this year having had $5 million to $5.5 million hopes last September.
Nicholas Lynch of Nicholas Lynch Real Estate has the listing. 
The three-level home at <a href="https://www.realestate.com.au/property-house-vic-mount+eliza-131138146" target="_blank">1 Brookwood Drive</a> comes with six bedrooms generous living spaces flowing onto two large entertaining terraces, family room, rumpus room, sitting room and gymnasium as well as home office with views. 
<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/2019/5/9/mount%20eliza%202.jpg" alt="">
Other highlights include wine cellar, CCTV security, ducted vacuum, ducted heating/air conditioning, triple garage, double carport and drive through portico.
It has private access to Daveys Bay Beach and is moments from schools, cafes and shops.
Recent Mount Eliza sales include: 
<div class="page" title="Page 1">
18 Watts Parade Mount Eliza VIC 3930 - $4,350,000 - Apr-19 5 Cypress Point Drive Mount Eliza VIC 3930 - $3,575,000 - Mar-19 31 Daveys Bay Road Mount Eliza VIC 3930 - $4,300,000 - Mar-19
It is up to you to determine if the offering is a truly beneficial bargain.
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.
</div>
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Bargain property at Mount Eliza? Home at $2 million discount

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Two agricultural properties spanning 7,000ha and home to the heritage-listed One Ton Post survey marker in Queensland’s Border Rivers region have been listed for sale.
Carnarvon totals 4,356ha, comprising approximately 988ha developed to flood irrigation, 406ha of dryland cultivation and 2,962ha of grazing and support land.
The property benefits from fertile soil types underpinning high cotton and grain yields, as well as on-farm storage totaling 11,370mL and water entitlements of 2,600mL Barwon Zone Nominal Volume and 3,666mL of Barwon-Darling water.
The heritage-listed One Ton Survey Post - Australia’s largest wooden survey peg - is also located on the property.
Established in 1882, the peg marks the 29th parallel of latitude – the straight section of the Queensland/New South Wales border, from Cameron Corner to the Barwon River.
The second property, Garrawilla &amp; Belmore, is a 2,316ha property, comprising 1,398ha developed to flood irrigation, 362ha of dryland cultivation and an additional 556ha of grazing and support land.
It features on-farm storage capacity, totaling 6,700mL in addition to water allocations of 7,293mL of Barwon Zone Nominal Volume.
The two properties are being offered for sale separately.
CBRE’s Josh Ledingham and Simon Cudmore have been appointed to sell Garrawilla &amp; Belmore via Expressions of Interest.
The pair are also selling Carnarvon, conjunctionally with Moree Real Estate’s Cliff Brown and Paul Kelly, via Expression of Interest.
The properties are each expected to generate buyer interest of around $22 million.
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Queensland's One Ton Post land listed for sale

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A three bedroom, one bathroom Dallas, Victoria house was unsuccessful under the mortgagee auction hammer on June 8.
The previously updated rendered brick home came with an indicative price guide of $440,000 - $480,000.
It is now listed with an asking price of $400,000.
Andrew Butler and Anthony Monteleone of Brad Teal hold the listing.
Situated at <a href="https://www.realestate.com.au/property-house-vic-dallas-131170918" target="_blank">13 King Street</a>, the property is described as "ideal for homebuyers looking to enter the market, renovate/extend, rebuild or redevelop (STCA)".
Set on 642 sqm, it features an undercover outdoor area and backyard as well as a one car lockup garage.
Located within a short drive from Dallas and Broadmeadows Shopping Centres, Ilim College, primary schools, buses and Hume Highway, the home features an open plan layout.
Last sold in 2005 the home transacted for $180,000.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median price for a home in <a href="/developments/dallas-vic-3047">Dallas</a> is $487,500 according to CoreLogic, which calculate its annual change in median price over the past 10 years as 7.5%. 
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Dallas, Victoria home unsuccessful at mortgagee auction

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The owners of a Northern Territory cattle station are suing Origin Energy in a bid to stop them expanding its fracking operation.
Origin began fracking the Amungee well in the Beetaloo Basin in 2016.
The owners of the Amungee Mungee cattle station are seeking an injunction to stop Origin from further gas exploration.
The owners are billionaire businessman Brett Blundy and Katherine poly pipe manufacturers Emma and Adrian Brown.
They accuse Origin of failing to provide information about the environmental risks associated with fracking.
The Pepper inquiry found current land access guidelines in the NT were not binding and called for signed agreements between pastoralists and gas explorers to be mandatory, The NT News recently reported.
“It is the panel’s strong view that, prior to any access to a pastoral lease, a signed land access agreement (statutory land access agreement) must exist between the pastoral lessee and the gas company and, moreover, that the obligation to finalise such an agreement must be statutorily mandated,” the report reads.
An Origin spokesman said the company had “been talking to this pastoralist for almost 12 months for this year’s activity.”
“Origin previously reached agreement to access the same property, for similar activities, and had no issues either in reaching an agreement or in the execution of our work,” he said.
“Our desire is always to work constructively to finalise an agreement about access to the property.”
 
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Brett Blundy seeks to stop Origin Energy frack in Top End

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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