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A two bedroom Constitution Hill home has been listed for $790,000.
It last sold for $760,000 in 2016.
It has been listed by Peter Younan and Ray Fayad at Laing Simmons.
Situated at <a href="https://www.propertyobserver.com.au/%20https:/www.realestate.com.au/property-house-nsw-constitution+hill-128895146" target="_blank">24 Mahony Road</a>, the house on a 515 sqm block comes with two bedrooms, large living room, formal dining room, and fully landscaped front yard.
Extra features include sun room, timber flooring throughout, covered entertainment area and lockup tool shed.
The suburb's median house price sits at $925,000 according to CoreLogic.
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j.ballantyne1990-6AQqhLzZaK

Two bedroom Constitution Hill home listed by mortgagees

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During the course of discussions with some corporate purchasing parties, valuation firm Herron Todd White are starting to see a change in the way the market is perceiving what can be achieved in terms of yield.
According to the latest rural report from Herron Todd White, yields are often at five per cent with some even getting to six per cent.
"With the strong increase in underlying land value seen over the past twelve months in particular, there is strong resistance from lessees to adjusting rates to reflect the original yield achieved when the lease was created," the report noted.
"This resistance is coming from the fact that general income from rural commodities, whilst still good, has not improved in line with the underlying land value."
Scott Fuller, a valuer at HTW, suggested the situation is a repeat of the 2006 to 2008 period where we also saw strong growth in underlying value.
"At this time many leases were in the 3.5 per cent to 4.5 per cent range and we would expect that general leasing rates will soften to four per cent to 4.5 per cent."
"The volume of capital looking to deploy in agriculture in Australia continues to be a surprise and this deployment is seeing unsolicited offers for large scale rural properties made on a regular basis. Whilst previously we have indicated that we felt that the market was at or near its current peak for this cycle, I am beginning to wonder whether this cycle may have some further development to go."
"Whilst there are some short term negative seasonal conditions, our experience is that the underlying market sentiment is still very positive and this coupled with record low interest rates and generally positive returns for livestock may just see some continued upward pressure on the market, particularly if we see any sort of rain event in the next month or so," he concluded.
In the Riverina area there was a big sale in the form of Delta which is 55 kilometres north-west of Jerilderie and 50 kilometres north-east of Conargo.
It was a 8,381 hectare mixed irrigated and grazing property. The sale included approximately 550 hectares of laser levelled flood irrigation with a balance consisting of mostly open to lightly timbered good grazing country. The property was well improved with homestead, manager’s residence, workers’ cottages, machinery sheds and wool shed.
The property sold for $10.025 million. It appears that the open-hay plains grazing country has sold for $975 per hectare ex buildings. This indicates $780 per DSE when viewing the grazing country in isolation.
"This is uncharted territory for the Riverina and indicative of the strength of the current market," HTW said.
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Southern NSW experiencing unusually high rural yields: HTW 

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Australia's largest landholder Gina Rinehart has reported a farming profit in the year following her acquisition of the S Kidman &amp; Co empire.
The company, called Australian Outback Beef, owns more than 8 million hectares of cattle grazing properties it purchased for $386.5 million by Australia's wealthiest woman Gina Rinehart and her Chinese business partner Cred Pastoral.
According to reports filed with the corporate regulator the company made a $6.2 million net profit in its first year of operation.
It paid $7.5 million in taxes, according to Fairfax Media.
The financial report also records assets at $418 million in assets with only $29 million in liabilities
Hancock Prospecting owns 67 per cent of the former S Kidman and Co with partner Shanghai CRED having the remaining holding.
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Gina Rinehart reports S Kidman & Co profit

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A New Port third level water view apartment has been sold for $331,000 by mortgagees. 
The South Australian home was listed by Samantha Hirniak and Tom Walsh from Walsh Real Estate Semaphore.
Located in the Spinnaker South apartment, <a href="https://www.realestate.com.au/sold/property-apartment-sa-new+port-127974074" target="_blank">the 317/1-2 Tarni Court </a>apartment offers two good sized bedrooms, open plan lounge/dining, and kitchen with dishwasher alcove.
The complex comes with the indoor heated swimming pool, gym and sauna.
Centrally located and close to all amenities, it is just five minutes stroll to Semaphore Village and a short drive to West Lakes shopping.  
The apartment was last traded at $599,900 in 2009.
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New Port water view apartment sold by mortgagee

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A Wickham six bedroom brick home has been sold for $240,000 by mortgagees. 
The Western Australian home last sold for $100,000 in 2002.
It has been listed by Anna Guillesser at First National Real Estate.
Situated at <a href="https://www.realestate.com.au/property-house-wa-wickham-128866474" target="_blank">25 Nelley Way</a>, the home comes with a large living, big kitchen, and two generous bedroom, and a study or third bedroom. 
Nestled on a 982 sqm block of land, it features multiple car parking, under cover, and side access with a shed for storage.
 
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Six bedroom Wickham home sold by mortgagees

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A four bedroom Lalor house has been sold by mortgagees for $770,000.
The home was listed by Alen Hewson and Michael Assaad from Iconek Estate Agents.
<a href="https://www.realestate.com.au/property-house-vic-lalor-128356478" target="_blank">Situated at 5 Flanagan Street</a>, Lalor, a Melbourne suburb, the house comes with four bedrooms, open plan lounge &amp; meals area and central kitchen with stone bench tops.
Other features include double garage with drive-thru access to rear, ducted heating, established front and low maintenance rear yard.
Nestled on a 453 square metre block, it is located within close proximity to schools, transport, shopping centres and easy access to ring road.
The house last sold for $285,000 in 2010 four years prior to its construction in 2014.
The suburb's median house price sits on $639,000, according to CoreLogic.
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Four bedroom Lalor house sold by mortgagees

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A getaway shack on a rock escarpment in the Tallarook ranges, just over an hour's north from Melbourne up the Hume Freeway, sold at its weekend onsite auction.
The rustic single room timber cabin, set on a 27 hectare holding, fetched $375,000, <a href="https://www.realestate.com.au/property-lifestyle-vic-tallarook-7983678" target="_blank">when offered through agents Pat Rice &amp; Hawkins</a>.
It was bought by a buyer from Toorak.
The cabin sits on a granite tors with a large timber deck.
It has its own portable toilet.
<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/2018/10/8/timber2.jpg" alt="">
The vendors have harvested rainwater and installed a portable solar system to provide the basic home comforts at the getaway.
The cabin structure was originally built by people with interests in the caravan industry so it is quite sturdy and easy to maintain, the agents advised.
It last sold at $105,000 in 2014.
The vacant block sold at $18,000 in 1992.
The vendors say 470 Ennis Road, Tallarook had been their ‘glamping’ destination offering seclusion, interesting local vegetation, with no shortage of firewood, plus some amazing wildlife.
Buyers were assured the location also provided good internet and television reception.
Set about 400 metres above the surroundings, there are views to the south and west firstly over the township of Broadford in the mid foreground and to the Macedon Ranges in the distance.
The vendors are off to a farm near Hamilton in the western district.
The marketing did not show the interior, with Bart O’Sullivan Pat Rice &amp; Hawkins expecting the auction offers would begin from $200,000.
 
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Single room timber shack north of Melbourne sells at auction

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A refurbished two bedroom house at Scarness, a beachside suburb in eastern Queensland, has been sold by mortgagees for $325,000.
It was offered by Scott &amp; Katrina Mitchell from Mitchell's Realty Hervey Bay.
Situated at an elevated 696sqm allotment, the house at <a href="https://www.realestate.com.au/sold/property-house-qld-scarness-128674022" target="_blank">13 Hillcrest Ave </a>comes with two spacious bedrooms, three multi-purpose rooms, kitchen with large oven, and open plan dining and living area.
Other features include the large front veranda with views towards Hervey Bay, covered outdoor entertaining area and high entry carport.
It was last sold for $321,000 in 2013.
The suburb's median house price sits at $315,000, according to CoreLogic. 
 
 
 
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Scarness house sold by mortgagee for $4,000 gain in five years

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Auction activity across the combined capital cities increased after last weekend's grand final and public holiday slowdown.
Some 1,809 homes taken to auction, almost doubling from the 895 prior tally last weekend.
The preliminary auction clearance rate was 53.7 per cent, well up on the final auction clearance rate of 45.8 per cent of the long weekend.
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Click here <a href="https://www.propertyobserver.com.au/images/2018/10/8/Logic-Oct8.jpg" target="_blank">to enlarge.</a>
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It had been the lowest clearance rate seen since June 2012 when there was a 42 per cent result.
Compared to one year ago, clearance rates and auction volumes continue to track lower with the same week last year recording a 64.4 per cent clearance rate across 2,318 auctions.
Melbourne saw 904 homes taken to auction with a preliminary 54.4 per cent success rate.
The most expensive house sold in Victoria was <a href="https://www.realestateview.com.au/real-estate/14-christowel-street-camberwell-vic/property-details-sold-residential-12103593/" target="_blank">14 Christowel Street, Camberwell</a> (above) which fetched $3.125 million.
It was at the lower end of the Noel Jones agency price guidance which had been $3.1 million to $3.4 million.
The five bedroom 1920s home sat on 1172 sq m with towering Copper Beech tree in its front yard.
There was a blue slate fireplace in the 30 feet long grand sitting room.
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Sydney returned a preliminary auction clearance of 53.5 per cent with 606 Sydney homes taken to auction.
It's highest sale was $3.7 million pre-auction through Ray White of a grand 1930's Stockbroker Tudor style home at Warrawee.
Framed by parterre gardens, <a href="https://www.realestate.com.au/sold/property-house-nsw-warrawee-129265262" target="_blank">the five bedroom John Brogan designed home</a> at 32 Heydon Avenue (below) had last sold at $1.78 million in 2003.
<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/2018/10/8/WARRA.jpg" alt="">
The dearest Sydney offering to sell under the auction hammer was at Bronte when a home last traded six decades ago fetched $3,565,000.
The four-bedroom property on a 452 sqm block at <a href="https://www.realestate.com.au/property-house-nsw-bronte-129260266" target="_blank">8 Gardyne Street </a>(below) fetched $65,000 above reserve.
<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/2018/10/8/gardyne.jpg" alt="">
Phillips Pantzer Donnelley’s Alexander Phillips had three buyers register and all participated, but it was a struggle, The Sunday Telegraph reported.
Adelaide was the best performing capital city with a 66.1 per cent success rate across 62 auction results, followed by Canberra, where 63.9 per cent of the 61 reported auctions were successful.
Adelaide's offering fetched from the $305,000 pre-auction sale of the three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-sa-wingfield-129300854" target="_blank">15 Fourth Street, Wingfield</a> to $1,255,000 for the five bedroom house at <a href="https://www.realestate.com.au/property-house-sa-westbourne+park-129304790" target="_blank">53 Marlborough Road, Westbourne Park</a>, which had $990,000 price guidance
The 1968 single level brick Wingfield house had sold at $205,000 in 2007.
At $210,000, Brisbane's fringe had the cheapest reported result when <a href="https://www.realestateview.com.au/real-estate/22-ash-avenue-laidley-qld/property-details-buy-residential-12096015/" target="_blank">22 Ash Avenue, Laidley</a> found its buyer.
The four bedroom home was a mortgagee in possession offering.
It previously traded in 2009 at $129,000.
 
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Auction levels bounce back

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Chatswood is the second highest buyer destination of Chinese property investors in Sydney, although Juwai.com’s director Carrie Law says Chinese investors have been turning away from Sydney real estate.
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The Golden Week of celebrations, a popular Chinese holiday when China-based buyers have traditionally visited Australia to purchase new housing en masse, proved quieter than normal.
“We still (saw) some transactions, but it’s not the free-for-all of past years,” Ms Law said.
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The Sydney CBD has been the most popular area for Chinese buyers.
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Chinese buyers made six per cent fewer inquiries than in the previous quarter and nine per cent fewer inquiries than over the same period last year, according to Juwai data.
The five most popular suburbs for China-based buyers over the past year were the Sydney CBD, Chatswood, Parramatta, Olympic Park and Edmondson Park.
The year before that, north shore suburb Castlecrag was the most popular, followed by the Sydney CBD, Marsden Park, Pyrmont and Ryde.
The Juwai data coincides with a new report that overall Chinese investment into Australia slumped 40 per cent last year, twice the drop worldwide, according the Australian National University, supported by Treasury and with input from the Reserve Bank of Australia.
The report shows Chinese commercial investment peaked in 2016 at $14.9 billion, before falling to $8.9 billion last year.
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"This is an unusual drop in Chinese investment into Australia," the project's leader Peter Drysdale, who heads the Asian Bureau of Economic Research at ANU told The Australian Financial Review.
He noted the decrease was significantly larger than the 19.3 per cent fall in China's worldwide foreign direct investment.
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The database shows $40.4 billion of Chinese money made its way into Australia over the past four years, via 262 transactions.
Last year, the mining sector still accounted for the biggest proportion, making up just over half of the total value of transactions. However, its share has fallen since 2014 as other sectors such as health care and financial technology are starting to attract interest from Chinese buyers.
"There has been a significant diversification of Chinese investment in Australia," said Professor Drysdale.
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Sydney apartment suburbs rank as most popular Chinese property investor destinations

An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

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Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Staff reporter

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