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Macedon House, the Gisborne three bedroom house which is noted on the Victorian Heritage Register, was recently sold for $1.36 million by mortgagees.
It was listed by Jason Kennedy from Kennedy &amp; Hunt Gisborne.
Built circa 1847, <a href="https://www.realestate.com.au/sold/property-house-vic-gisborne-128703894" target="_blank">Macedon House at 1 Kilmore Road </a>operated for some time as the Mount Macedon Hotel, then functioned as a boarding and guest house for many years from 1887.
Since then, the building on 5.17 acres has been used as a private house, restaurant, reception centre, bowling clubhouse and kindergarten.
Specified works have been outlined by Heritage Victoria that needs to be actioned to prevent further deterioration of the structure.
It was last sold at $250,100 in 1998.
The suburb's median house price sits at<a href="https://www.realestate.com.au/sold/property-house-vic-gisborne-128703894" target="_blank"> $685,000</a>, according to CoreLogic. 
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j.ballantyne1990-6AQqhLzZaK

Gisborne's Macedon House sold for $1.36m by mortgagees

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Property developer Riverlee has received development approval for its $450 million redevelopment of the Northbank Goods Shed and surrounding land.
The disused industrial waterfront site is to be rebuilt as a mixed use precinct, Seafarers Place.
The development plans are set to deliver a 3,500 sqm public park as well as work on the historic wharf and heritage-listed crane. 
<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/2018/8/14/Riverlee%202.jpg" alt="">
Seafarers Place will comprise 150 residences, a 5-star hotel with 280 rooms and a 1000-seat function centre, along with a host of retail amenities.
Fender Katsalidis have designed with project with landscape design by OCULUS.
The Northbank Goods Shed transformation will signify the last opportunity to live along the waterfront in Melbourne’s CBD, Riverlee’s development director David Lee said.
Wharf restoration works began in February and are expected to be completed in the coming months, while crane restoration works have commenced with construction slated for mid 2019.
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$450 million Seafarers Place redevelopment has been approved for Melbourne's Northbank wharf precinct

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The Western Australia property groups, Pindan, is set to make its first foray into the Gold Coast.
It has secured development approval for an apartment tower overlooking Hedges Avenue in Mermaid Beach.
It has been designed for owner occupiers, with leisure and lifestyle top of mind.
Mahala will boast 94 spacious two, three and four bedroom apartments with two car bays, across 25 levels.
A rooftop solar farm system will allow residents to benefit from cheaper energy costs and lower strata fees at the project's Peerless Avenue building.
Pindan has over 40 years' experience.
It has expanded its operations on the East Coast over the past five years with its funds management arm, Pindan Capital, overseeing $1.7 billion of development projects throughout Australia. 
<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/2018/8/13/Mahala%20Mermaid%20Beach%203.jpg" alt="">
 
Pindan commissioned Cottee Parker Architects on Mahala.
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Perth-based Pindan enters Gold Coast market with luxury Mahala, Mermaid Beach apartment tower

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A Mount Gambier four bedroom house has recently been sold by mortgagees for $155,000 after a final $5,000 price reduction.
It was sold by Kathryn Weddel-Lucas from Blue Lake Real Estate whose most recent asking price was $160,000.
It was first listed last December with $180,000 hopes.
It had last traded at $145,000 in 2005.
<a href="https://www.realestate.com.au/sold/property-house-sa-mount+gambier-127210270" target="_blank">Situated at 1 Finch Street</a>, the southeastern South Australian home comes with four bedrooms, lounge room, storage room/play room, rear deck and single carport.
Set on a 725sqm, the solid stone home has been upgraded with a new kitchen with stainless steel gas stove, renovated bathroom with shower over the bath, and detached laundry with new tiles.
The suburb's median house price sits at <a href="/developments/mount-gambier-sa-5290">$255,000</a>, according to CoreLogic. 
 
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$10,000 gain for Mount Gambier mortgagee sale after $5,000 price reduction 

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Six development sites amassing 16 hectares hit the market today as part of the Victorian government’s Inclusionary Housing Pilot.
It is an initiative to deliver at least 100 new community housing residences across the state.
Offers close September 6.
The Department of Environment, Land, Water and Planning (DELWP) portfolio encompasses landholdings in Boronia, Broadmeadows, Parkville, Noble Park, Reservoir and Wodonga.
Savills Australia’s Julian Heatherich, Mark Stafford and Jesse Radisich have been appointed to manage the expressions-of-interest campaign.
They expect enquiries to come from a broad range of local and national developers.
“Large, strategically located development sites are becoming increasingly difficult to find across the state,” Mr Heatherich said.
“This portfolio provides an opportunity for one or more experienced developers to deliver a mix of new private, affordable and community housing options in key Victorian locations.”
The Inclusionary Housing Pilot forms part of the state government’s housing strategy, which includes Homes For Victorians (March 2017) and Plan Melbourne 2017-2050 (March 2017).
“The pilot aims to provide greater housing choice for all Victorians by meeting the diverse housing needs of the growing population,” Mr Stafford said.
“As Melbourne’s population continues to escalate at a rapid rate, with eight million residents predicted by 2050, this strategy addresses the critical need to increase the supply of affordable housing.”
The selected sites are positioned in well-established Victorian suburbs, close to retail amenities, parks, schools and public transport.
-       The Boronia site (40 Mount View Road) measures 8.218 hectares and falls within Neighbourhood Residential Zone 3 under the Knox Planning Scheme (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/2018/8/13/DELWP_40%20Mount%20View%20Road%20Boronia.jpg" alt="">
-       The Broadmeadows site (2-16 Nicholas Street) measures 2.162 hectares and falls within the Residential Growth Zone under the Hume Planning Scheme (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/2018/8/13/DELWP_2-16%20Nicholas%20Street%20Broadmeadows.jpg" alt=""> 
-       The Parkville site (87-103 Manningham Street) measures 11,542sqm and falls within Residential Growth Zone 1 under the Melbourne Planning Scheme (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/2018/8/13/DELWP_87-103%20Manningham%20Street%20Parkville.jpg" alt="">
-       The Noble Park site (30-40 Athol Road) measures 2.31 hectares and falls within Public Use Zone 2 under the Greater Dandenong Planning Scheme; the site is vacant and spread across two titles (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/2018/8/13/DELWP_30-40%20Athol%20Road%20Noble%20Park.jpg" alt="">
-       The Reservoir site (16-20 Dumbarton Street) measures 5,976sqm and falls within General Residential Zone 1 under the Darebin Planning Scheme; the site is vacant and spread across four titles (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/2018/8/13/DELWP_16-20%20Dumbarton%20Street%20Reservoir-2.jpg" alt="">
-       The Wodonga site (30 Jarrah Street and 41 Pearce Street) measures 19,220sqm and falls within General Residential Zone 1 under the Wodonga Planning Scheme.  
 <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/2018/8/13/DELWP_30%20Jarrah%20Street%20and%2041%20Pearce%20Street%20Wodonga.jpg" alt="">
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Victorian government to sell six residential development sites

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One of Australia's wealthiest fund managers, the Magellan boss Hamish Douglass seems to think NSW rural property is a sound investment.
He has just spent $1,925,000 on a 40 hectare holding at Moss Vale. Its coincidently called Majellan Park.
It was listed through Hindmarsh + Walsh.
His initial 40 hectare Highlands cattle farm purchase is on the other side of Yarrawa Road, which cost $1.7 million two years ago.
His funds have increased their cash weighting over recent times as he maintains only conservative investors sleep well.
The Neutral Bay based funds manager, who turned 50 last month, is unusually cautious about the global market outlook.
This article was first published in the Saturday Daily Telegraph.
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Magellan boss Hamish Douglass buys NSW Southern Highlands rural property

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A 60ha mixed farm situated between South Australia’s wine regions has been listed for sale. 
CBRE have been appointed to sell Glendora, a 60ha rural property.
It comprises 53ha cropping and grazing land, plus a 7.5ha vineyard planted to wine grapes in 1999 including varieties, shiraz and cabernet sauvignon. 
The 386 Weichert Road, Bethel property includes an original stone 1905 homestead overlooking the Tarlee Valley.
It will attract buyers seeking mixed farming, viticulture enthusiasts and potential investors. 
It is located just 15km from the Barossa Valley wine region.
<img src="https://www.urban.com.au/images/2018/7/25/ADL_AGR_Glendora%20again.JPG" alt="">
The viticulture component of the property is a low-cost operation with support in place if the incoming purchaser wishes to capitalise further on its position within Australia’s leading wine region.
Offers for the property close September 13.
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Glendora listing unlocks small vineyard opportunity in SA’s Lower North region

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Brisbane had the nation's cheapest result when mortgagees sold at Deception Bay.
Located 32 kms north of the CBD, the $305,000 sale was a two storey three bedroom home.
It was listed through Leigh Chippendale at Professionals.
It last sold a<label> </label>$48,350 in 1994.
The <a href="https://www.realestate.com.au/property-house-qld-deception+bay-128759214" target="_blank">22 Monarch Drive, Deception Bay</a> is a three bedroom home situated on a 720 square metre parcel of land. It features a kitchen with a new stove alongside ample cupboard and bench space for meal preparation.
There is a two way bathroom, large lounge room with internal stairway downstairs to double car accommodation, and an internal laundry and workshop/entertaining area.
The suburb's median house price sits on <a href="/developments/deception-bay-qld-4508">$355,000</a> according to CoreLogic.
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Deception Bay mortgagee ranked as weekend cheapest price

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GUEST OBSERVATION
<ol>
<li>At the end of 2017, the value of the world’s real estate reached US$280.6 trillion, the highest figure we’ve ever recorded and an annual increase of 6.2%. Residential real estate accounted for the largest share ($US220.6 trillion) of that huge figure, with commercial real estate (US$33.3 trillion) and agricultural and forestry real estate ($US27.1 trillion) making up the rest. 
</li>
<li>By any measure, real estate is by far the most significant store of wealth, representing more than 3.5 times the total global GDP. Global real estate universe in comparison <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/2018/7/17/global%201.jpg" alt="" style="font-size: 12.16px;">
</li>
<li>Most residential real-estate value is contained in the mature markets of North America and Europe, with more than 44% of value belonging to just 17% of the global population. Global distribution of real estate value versus population <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/2018/7/17/global%202.jpg" alt="" style="font-size: 12.16px;">
</li>
<li>China now accounts for the largest share of global residential value, thanks to national house price growth (up 16%) and a rapid programme of housebuilding. Emerging markets, especially in Asia, are also experiencing fast growth. 
</li>
<li>The share of commercial real estate by world region is more closely related to GDP share than it is to population size. 
</li>
<li>The top five most valuable national commercial real-estate markets (excluding residential) are: US: US$8.1 trillion China: US$3.6 trillion Japan: US$2.8 trillion Germany: US$1.7 trillion UK: US$1.7 trillion 
</li>
<li>Pressure on commodity prices has slowed value growth – down 0.4% on an annual basis to US$27.1 trillion. However, an increasing world population, food production (coupled with reduction in food waste) and competitive land uses will sustain values. 
</li>
<li>Equities and gold grew much faster in value than real estate, but rising wealth in emerging economies means there is more capital at large, and real estate is viewed as a safe store for it. Investor motives remain a mixture of wealth storage, capital appreciation and income return. But, increasingly, the income produced by real-estate assets and the potential for rental growth is of increasing interest to investors as the yields on fixed-income assets have compressed.</li>
</ol>
Value growth in 2017
 <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/2018/7/17/global%203.jpg" alt="">
Yolande Barnes is Head of Savills World Research.
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The eight things you need to know about the value of global real estate: Savills

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Hobart has seen the highest annual growth in median weekly house rental prices with a 13.9% increase to $410 per week, despite a decline over the quarter of 2.4%, according to the latest report from Domain.com.au.
Unit rents increased in Hobart to $360 per week, a 2.9% quarterly jump and a 12.5% annual increase, recording the highest increase both quarterly and annually across all capital cities. Domain data analyst, Nicola Powell says that annual house rents continue to rise with 2018 providing the strongest surge in rental prices in the city’s history.
"Although Hobart did see a decline over the quarter, it is likely to be a pullback from the seasonally strong first three months of the year," Powell said.  "In under two years, Hobart has moved from being one of the most affordable capital cities in Australia for tenants to now trailing behind Perth, Adelaide and Brisbane.
"Unit rental prices have followed a similar pattern remaining more expensive than Adelaide and Perth, as well as closing the price gap on Brisbane. "These conditions are indicative of the current affordability issues facing Hobart. While supply continues to deplete, the substantial declines in rental listings appear to have eased. As investor activity picks up, we’ve started to see a slight improvement to the deterioration previously seen in listing volumes."
<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/2018/7/17/hobart.jpg" alt="">
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This quarter saw Hobart's "strongest surge in rental prices in the city’s history": Domain

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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