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A Swansea Mediterranean inspired coastal home has been sold by mortgagees for $831,000.
It was sold by Kerry Day and Margaret Ekisowei-Day from Macquarie Realtors Toronto.
Set on a 556sqm block, the house at<a href="https://www.realestate.com.au/sold/property-house-nsw-swansea-128337894" target="_blank"> 6 Elizabeth Place</a> comes with four bedrooms, three car garage and outdoor entertaining areas. 
Additional features include lake views, fully secured yard, floating timber floors and ceiling fans.
Situated within a stone's throw of Black Ned's Bay, it is close to beaches, lake, cafes, shopping centres and medical facilities. 
It had last sold for $505,000 in 2004. 
The suburb's median house price sits at<a href="/news"> $597,500</a> according to CoreLogic. 
 
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j.ballantyne1990-6AQqhLzZaK

A Swansea coastal home in NSW was sold by mortgagees

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<div>
The Oast house and residence at Faulconbridge has been listed for sale.
With bushland views over Sassafras Gully, the unusual home has $1.35 million to $1.45 million hopes.
The 18th Century style, hand built sandstone character-filled English country manor was built in 1977.
There are two separate buildings at 18 Clarinda Avenue with one sandstone structure built in the style of an Oast house – a cylindrical kiln to dry hops for beer brewing. 
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It was built as a primary residence.
<img src="https://www.urban.com.au/images/2018/9/10/Oast.JPG" alt="">
The second, more traditional home was built later.
The Oast house is the only one on mainland Australia, according to agent Helen Harris from Chapman Real Estate.
The vendors are off to Queensland.
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18th century Oast house, Faulconbridge trophy home listed

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A cryptocurrency consortium plans to resurrect luxury resort plans for Great Keppel Island.
Great Keppel will become the world’s largest island cryptocurrency micro-economy, a project that could bring the new digital economy to the bricks-and-mortar mainstream.
Investors will be invited to buy so-called Great Keppel Island Tokens in order to fund the $300 million development through what is known as a Security Token Offering, similar to an initial public offering for shares.
The tokens will be tradeable on existing cryptocurrency exchanges.
Under the deal, the owner of the existing defunct resort at Great Keppel Island, Tower Holdings, will retain 12% of the GKI Tokens.
Tower Holdings, which owns more than 70% of Great Keppel Island, is owned by Sydney businessman Terry Agnew.
The GKI Tokens will be backed by the value of the development.
Building is expected to start next year and be completed within five years.
<p data-gtm-vis-polling-id-6236702_632="810" data-gtm-vis-recent-on-screen-6236702_632="1536019780230" data-gtm-vis-first-on-screen-6236702_632="1536019780230" data-gtm-vis-total-visible-time-6236702_632="2900">The STO is being marketed with a flashy sales video starring Greg Norman, who is designing the development’s golf course.
"The development is fully supported from all levels of Australian government, federal, state and local, and has approval for the immediate development of an 18-hole international golf course," says the video.
"Also approved are 750 luxury villas … 300 luxury apartments and a five-star beachfront resort with 250 rooms and a 250-berth marina."
Tower Holdings’ chief executive officer, Anthony Aiossa, told Fairfax Media even with all the approvals in place, Tower had difficulty raising the funds to develop the site until it was approached by someone proposing the cryptocurrency consortium earlier this year.
He said the company had to do homework into cryptocurrencies before it seriously considered the deal.
It is expected that a white paper, similar to a prospectus, will be released on Friday or Monday, with the minimum likely to be more than $100,000, while those buying in during the retail round might have to meet a minimum of around $1000. 
"I think to get a lot of people involved is a wonderful idea," the unofficial mayor Jeff Mercer told Ross Greenwood's 2GB Money News.
The island is a small active township with 18 private homes, he said, adding that the island wasn't closed.
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Cryptocurrency play behind Great Keppel Island's $300 million development proposal

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South Gladstone in Queensland has the cheapest rentals in Australia, according to the latest Investar suburb performance report.
The report suggests its median unit rent sits at $110 per week, with 7.2% yield.
There has been no rental growth over the past year.
It is followed by Andamooka and Queenstown. 
<a href="https://www.propertyobserver.com.au/images/2018/8/20/cheapest%20rent%20.jpg" target="_blank">Click here to enlarge:</a>
<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/2018/8/20/cheapest%20rent%20.jpg" alt="">
A South Gladstone two bedroom unit currently on the market is priced at $100 per week (pictured below).
The unit at<a href="https://www.realestate.com.au/property-unit-qld-south+gladstone-412664439" target="_blank"> 2/131 Toolooa Street</a> features two bedrooms, open plan living/dining, separate toilet and laundry downstairs, and single carport.
It is within walking distance to schools and shops. 
<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/2018/8/20/south%20gladstone%201.jpg" alt="">
Another offering is a Tooloosa Street two bedroom unit priced at $100 per week (pictured below).
<a href="https://www.realestate.com.au/property-unit-qld-south+gladstone-423619102" target="_blank">Situated 1-2/167 Tooloosa Street</a>, the unit comes with two spacious bedrooms, air-conditioned open lounge and dining room, single undercover carport and own lockable laundry.
The cat-friendly unit is only a short walk to shops and schools. 
<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/2018/8/20/south%20gladstone%202.jpg" alt="">
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South Gladstone ranks as cheapest rental in Australia: Investar

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GUEST OBSERVATION
The poorer you are, the harder it is to participate in and contribute to society. My experience as a practising urban designer and my research in the area have led me to conclude that the way people’s surroundings are designed reflects and amplifies this profound injustice.
Busy and fast roads, for instance, encourage driving while at the same time deterring walking and other forms of street life, isolating people from their neighbours.
Physical activity, interacting with others, setting and meeting challenges, and experiencing nature are all essential to our well-being. But humans aren’t good at prioritising our needs. We often make decisions that deny us these and other essential experiences.
This is particularly the case in poorer communities where shared and public spaces – the settings for many of these essential activities – tend to be poorly maintained, mundane and utilitarian.
Indifference without invitation
In such generic or inappropriately designed places, indifference or avoidance becomes more likely. Faced with the lukewarm appeal of these places, and sometimes active deterrence, people are more likely to be seduced by “easier”, but not needs-fulfilling, ways to spend their time. They may choose to drive rather than walk, or play on screens rather than in the open with others.
<img src="https://images.theconversation.com/files/234381/original/file-20180831-195307-zh6xqv.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Places like this offer little invitation to walk, play or exercise. Jenny Donovan, Author provided
If these people are to escape the call of the TV and computer, the “heavy lifting” will need to come from personal motivation to fill the gap left by the paucity of invitation from their surroundings.
In such places, if someone does choose to walk, cycle or play or participate in any of the activities that support health and well-being, they are doing so because they are determined to, rather than because their surroundings offer the pulling power to motivate them.
<img src="https://images.theconversation.com/files/234382/original/file-20180831-195325-hw994i.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
Making the same street friendlier makes meeting needs easier and, for some people, possible. Jenny Donovan, Author provided
Many people do somehow overcome even the most difficult circumstances and thrive. But many others find this prohibitively difficult or are unaware of the need to make different choices. Their surroundings lead them to inadequate physical activity, isolate them from others, limit potential to find like-minded people around which community can coalesce, offer little enjoyment of nature and few opportunities to set and meet self-determined challenges.
We can see the effects of these issues through increased rates of obesity, loneliness and many diseases that diminish people’s quality of life.
<img src="https://images.theconversation.com/files/234376/original/file-20180831-195328-11vjsbb.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
A conducive environment helps people meet their needs, thrive and fulfil their potential. Jenny Donovan, Author provided
Repeated over a neighbourhood or a city and concentrated in poorer areas, this can create arbitrary barriers that make winners and losers of their inhabitants. Extended over many years, these effects create huge social and health costs and can lock people into disadvantage.
These places deny people the inspiration of the crowd. If you rarely see someone else play on the street, run or cycle, you are less likely to consider it among the choices open to you.
Beyond the suburb
Disadvantaged communities lack the ability to influence the design process, make positive change happen themselves or protect what they value. Research has found people in communities with low socioeconomic status get left out of the decision-making process. When they do receive attention it is not as wholehearted or appropriately applied as it would be for wealthier communities.
We wear our surroundings like a cloak. Poor physical and social conditions often reflect poorly on their inhabitants, contributing to lower expectations of those people. This soft prejudice even means they are less likely to be considered for jobs that don’t match perceptions of what people from that postcode are like.
People with less buying power end up in less supportive environments, priced out of more nurturing places. Poorer people are getting pushed out of former working-class inner-city neighbourhoods that attract people and investment. This leaves less attractive places as the realm of concentrated poverty.
So, what can we do about it?
The obvious answer is to invest in design and the design process. But this is only part of the solution.
We need to reassess what good urban design is. Good design will need to be inexpensive to avoid lumbering communities with debt and ensure it can be spread widely. It needs to be tailored to provide the right invitations to those who most need it. It gives greater weight to designing for the social landscape of the community, and less to the aesthetic values of the designer and client.
Good design enables those who are being designed-for to participate in the design and creation of their surroundings wherever possible. This allows them the experience of developing and realising change, taking responsibility and exercising self-determination.
This takes time. The emotional capital this process demands of the designer and the community are immensely powerful but volatile resources. The designs that arise may not immediately be recognised by many designers as good design.
But if our present approach leaves people isolated and uninspired to do the things they need to do to thrive, we must reassess what good design really is and see it not as a luxury but as a right.<img src="https://counter.theconversation.com/content/98561/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Jenny Donovan, Urban Designer and Sessional Lecturer, La Trobe University
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/our-urban-environment-doesnt-only-reflect-poverty-it-amplifies-it-98561" target="_blank">original article</a>.
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Our urban environment doesn’t only reflect poverty, it amplifies it: Jenny Donovan

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GUEST OBSERVATION
Furniture stores are often filled with designs that look similar to others. But is copying furniture legal, and should we feel bad about buying replicas?
Recently, interior designers accused the supermarket Aldi of copying an Australian designer’s stool in the launch of a new range of “luxe” furniture. Some, including the Design Institute of Australia, noted the stool’s similarities to designer Mark Tuckey’s eggcup stool, which retails for more than $550. Aldi withdrew its stool (priced at $69) on the day of the sale, citing quarantine issues and said it was scheduled to return to stores in late August. (There is no suggestion that Aldi has broken the law here).
In general, copying furniture designs that have not been registered in Australia is likely to be legal. This means that, in most circumstances when designers have not registered their work, businesses are able to sell, and Australian consumers are able to purchase, replica furniture without breaking the law.
How designs are protected
A designer of furniture, fashion or any other product will normally start out by creating a 2D drawing of their product. The drawing might be made by hand or using a computer or machine. This initial design is automatically protected under copyright law as an “artistic work”. For most types of artistic works, copyright lasts for the lifetime of the creator plus an additional 70 years.
Copyright law prevents a person from copying someone else’s work if they do not have permission or a legal excuse. Making a 3D reproduction of a 2D artistic work counts as “copying” under law. So a person who makes, for example, a physical 3D chair using a designer’s 2D design of that chair may be infringing copyright of that 2D artistic work.
However, there is an interesting feature of copyright law that applies only to designers. A designer will lose copyright protection in their 2D artistic work if it is “industrially applied”.
“Industrial application” is generally understood to mean that 50 or more copies of the 3D product deriving from the design are made and offered for sale. Any mass commercial production will therefore take the product outside of the scope of copyright law.
However, mass-designed products can be protected by Australia’s designs system. This system protects the visual appearance of a product. Unlike with copyright, designers must register their designs to be protected under law.
For a design to be registered, it must meet certain minimum requirements. Importantly, it must be new and visually distinctive. The novelty of a design is critical to protection. These requirements ensure that ordinary and unremarkable designs are not constrained by intellectual property law, but are free for people to make and sell.
How is this determined? An application for design registration is filed with and assessed by IP Australia, located in Canberra. It usually takes between three and 12 months to process an application, and costs around $300 to apply. Once registered, design protection lasts for five years, with the opportunity to renew registration for a further five years - so 10 years in total.
The designs register is searchable online. Our search did not reveal any designs registered to Mark Tuckey.
Incomplete protection is deliberate
There are important policy reasons why designers are not given complete protection under intellectual property law. For one, it is often difficult to determine what is an original design when aesthetics meets functionality - there are a limited number of ways to design a seat that people will actually want to sit on! Designs protection is limited so that consumers can affordably access practical products.
Designs law tries to balance a designer’s right to protect their product with the public’s right to access. Getting the balance right is tricky, and is likely to be under increasing pressure with the advent of 3D printing for the home.
It is now possible to print replica furniture, and this practice may become more popular as 3D printing technology becomes simultaneously more sophisticated and more widely available. This is likely to raise ongoing questions about the scope of designs protection under copyright and designs law, and whether the law is appropriately tailored to protect designers.
For Australian designers, the answer may not be stronger legal protection. First, we should ensure that the designs registration system is working effectively. Anecdotal reports suggest that the designs system is underused. We need to make sure that registration is affordable and accessible. Only then will we be in a position to know whether the protection offered by designs registration is enough.
For consumers, the good news is that replica furniture is likely to continue to be available in retail stores. There is certainly nothing illegal about buying replica furniture. Those with the budget to do so, however, may want to consider supporting local Australian designers of furniture and home crafts.<img src="https://counter.theconversation.com/content/100336/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Kylie Pappalardo, Lecturer, School of Law, Queensland University of Technology
Karnika Bansal, Research Assistant, Faculty of Law, Queensland University of Technology
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/explainer-can-you-copyright-furniture-100336" target="_blank">original article</a>.
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Is it possible to copyright furniture?

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A waterfront Gold Coast home in Carrara has sold prior to auction to a Chinese investor. 
The property at 44 Fitzwilliam Street property fetched $1.47 million.
Sam Guo of Ray White said the property was targeted at both the Australian and Chinese market.
It was advertised through Chinese social media and newspapers.
“The home was listed with another agent previously but didn’t sell as it was overpriced,” Guo said.
"Both parties were very happy with the outcome.”
He suggested the Gold Coast market is very stable, and any good, well priced property in a great area will sell.
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Chinese investor snaps up Carrara trophy home pre-auction 

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EXPERT OBSERVATION
The Reserve Bank of Australia (RBA) has again made the decision to keep the nation’s official cash rate on hold at 1.50%.
Despite this, major lenders are beginning to lift the interest rates on a range of their home loan products.
The rate decision was unsurprising as a combination of factors provide little incentive for the RBA board to change the current accommodative stance on monetary policy, which has resulted in the absence of a rate change since August 2016.
On a global scale, major economies continue to experience above trend growth. Domestically, we continue to see price corrections in the Australian housing market.
According to CoreLogic’s Home Value Index the trend of dwelling value falls in the nation’s two largest capitals continues with Sydney and Melbourne experiencing falls of 0.3% and 0.6% respectively in August and national dwelling values fell for the 11th consecutive month, dropping 0.3% nationally.
Furthermore, headline inflation, which is typically a reliable driver of inflationary expectations is currently sitting at 2.1% and the latest data from the ABS found that the unemployment rate is close to full employment.
Despite a stagnant cash rate, the interest rates charged on home loans are rising.
The impact of prudential measures on the cost and availability of housing credit has been undeniable, with a major lender announcing last week it would raise rates on its variable home loan products by up to 14 basis points in a bid to offset rising wholesale funding costs. History tells us that other lenders are likely to follow suit.
Moreover, our data reveals that home loans are taking longer to progress from application through to settlement, as lenders’ qualification criteria becomes more onerous in order to comply with responsible lending standards.
We have found that lenders are conducting a more thorough analysis of home loan applicants’ monthly living expenses, requesting forensic detail on as many as 15 expense categories including clothing, entertainment, medical, transport, education, childcare and more.
Lenders will ask to see a minimum of three months’ worth of spending which allows them to determine an applicant’s ability to service a loan. Some home loan applicants are having to justify their expenses in certain categories and are being told that they need to change their spending behaviour to increase their chances of getting a home loan.
For this reason, I would encourage anyone who plans to apply for a home loan in the near future to review their spending habits and make a personal commitment to get financially fit by educating themselves now on what lenders are looking for.
Looking ahead, I do not expect that lending standards will ease, however out of cycle rate rises may become more commonplace. Anyone looking to buy should seek professional advice from a qualified financial adviser and mortgage broker who can work together to help them put their best foot forward before submitting a loan application.
Susan Mitchell is chief executive officer of Mortgage Choice.
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If you want a home loan you need to get financially fit: Susan Mitchell

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The Pullman on the Park, a five star hotel near the Melbourne Cricket Ground, has been purchased by iProsperity.
The price is not disclosed, but the 419-room hotel located at 192 Wellington Parade has been on the market with <a href="/expert-insights/investing/melbournes-pullman-on-the-park-hotel-for-sale">$200 million plus hopes since February</a>.
The deal will add to the $1.8 billion real estate portfolio controlled by iProsperity, which is led by Michael Gu.
The diversified wealth management outfit had been pinpointed as targeting Melbourne's Pullman on the Park in a deal topping $200 million in July by The Australian.
They focus on investing for "Asian elites."
The Australian Financial Review suggests iProsperity is rapidly coming one of the biggest hotel owners in Australia, particularly through its backing of the $1 billion SB&amp;G Hotel Group.
They also own the Novotel Glen Waverley in Melbourne, the Century City Walk shopping mall in Glen Waverley and Sydney's 122-room Park Regis Hotel which is on the market with $55 million hopes.
Mr Gu said that he remains on the lookout for strategic assets as we continue on a growth trajectory towards $10 billion of assets under management by 2020.
The former Hilton on the Park has been managed by AccorHotels under its Pullman brand since 2015 - prior to that it was the Hilton on the Park - with a $12.5 million upgrade to its lobby and bar recently completed.
The hotel, which was offered with the possibility of vacant possession, includes conference facilities, a 1000-person ballroom and parking for 215 cars.
It was marketed by JLL's Peter Harper and Craig Collins alongside McVay Real Estate's Dan and Sam McVay.
Mr Harper said, "it's the fourth major deal we've negotiated in short succession all to international groups."
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iProsperity purchases Pullman on the Park near MCG

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The latest addition to Swarovski's 2,500 stores worldwide is its newly refurbished Westfield Knox store.
Located at Shop 2031, 425 Burwood Highway, Wantirna South, the store employs the latest from Swarovski's ‘Crystal Forest’ store concept.
Robert Buchbauer, of the Executive Board said "Swarovski looks forward to welcoming shoppers into the sparkling new Crystal Forest store from Thursday the 6th of September 2018, where from 9am where shoppers will receive 20% off when 3 or more items of full priced jewellery, watches and accessories (excluding Swarovski Remix Collection) are purchased between the 6th and the 9th of September.
The first 30 customers will also receive a special bag on opening day. 
The Swarovski Crystal Business is run by the fifth generation of family members, has a global reach with stores in around 170 countries and more than 27,000 employees.
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Swarovksi relaunches their Knox City store in Knox Westfield 

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.

[smartcode_project_cta:default project_id=150017]

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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