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<div style="text-align: left;" align="center">As Australian businesses enter the new financial year, industry analyst IBISWorld has revealed which industries they believe are set to have s strong performance in 2018-19, and which are likely to struggle.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">“The standout performer is expected to be Intellectual Property Leasing, with expected revenue growth of 68.2%. Other strong performers include Internet Publishing and Broadcasting, Retail Property Operators, Pig Farming, and Child Care Services,” said Jason Aravanis, IBISWorld Senior Industry Analyst.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">“Industries expected to decline over the next 12 months, reflecting the changing landscape of the Australian economy, includeMulti-Unit Apartment and Townhouse Construction, Building Societies, Video Game, DVD and Recorded Music Retailing, House Construction, and Iron Ore Mining. These contractions are in response to changing commodity prices, consumer behaviour, and investor sentiment,” said Mr Aravanis.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;" align="center">Industries set to fly in 2018-19</div>
<div style="text-align: left;" align="center"> </div>
<div style="text-align: left;" align="center">
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td width="292">
<div align="center">Industry</div>
</td>
<td width="195">
<div align="center">Revenue 2017-18 ($m)</div>
</td>
<td width="199">
<div align="center">Revenue 2018-19 ($m)</div>
</td>
<td width="234">
<div align="center">Revenue growth 2018-19</div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Intellectual Property Leasing</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">2,826</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">4,752</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">68.2%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Internet Publishing and Broadcasting</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">2,486</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">2,896</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">16.5%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Retail Property Operators</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">22,830</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">26,590</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">16.5%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Pig Farming</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">1,110</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">1,262</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">13.7%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Child Care Services</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">12,205</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">13,075</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">7.2%</span></div>
</td>
</tr>
</tbody></table>
</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"><span lang="en-GB">Retail Property Operators in Australia</span></div>
<div style="text-align: left;"><span lang="en-GB">Revenue for the Retail Property Operators industry is expected to increase by 16.5% in 2018-19, to $26.6 billion. Demand from retail trade is anticipated to grow in 2018-19, fuelling demand for industry services. Growing demand from overseas investors has also contributed to the industry’s revenue expansion over the past five years. Demand from overseas investors has largely been due to improved vacancy rates over the period, and growth in Australian property prices, both commercial and residential.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">Despite the industry’s strong growth, operators have continued to face pressures caused by fluctuating consumer sentiment, which can affect retail sales and business confidence. While improvements to underlying retail drivers may prompt more spending, an increasing proportion of consumers choosing to shop online may somewhat mitigate the positive effects of these drivers on the industry.</span></div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"><span lang="en-GB">Pig Farming</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The Pig Farming industry is expected to grow by 13.7% in 2018-19. Rising health consciousness and continued marketing efforts by Australian Pork Limited (APL) are likely to continue driving consumer demand towards fresh pork. As a result, pig meat consumption is expected to continue growing in 2018-19, as consumers increasingly view fresh pork as a healthy source of protein.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">With weight and wellness concerning more Australians each year, consumers are being turned away from traditional red meats like lamb and beef towards leaner sources of protein like fresh pork. The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) expects beef, veal and lamb consumption to fall in 2018-19.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">Operators in the Pig Farming industry are anticipated to increase production in 2018-19 to take advantage of this rising demand, while growing demand for premium fresh pork products is likely to boost the domestic price of pig meat. IBISWorld also expects that pig meat exports will grow while import volumes will decline in 2018-19, providing a further boost to Australian domestic pig farmers.</span></div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"><span lang="en-GB">Child Care Services</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The Child Care Services industry has benefited over the past five years from rising maternal workforce participation rates and increasing enrolment rates. Both of these factors have been encouraged by increased government assistance packages designed to encourage woman to return to the workforce following the birth of their children.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The industry’s operating conditions are set to change again in 2018-19, with the introduction of the new single Child Care Subsidy (CCS) on 2 July 2018. In contrast to the previous child care assistance package, this new subsidy is to be paid directly to child care operators. The Federal Government is expected to pay out $8 billion in CCS payments in the first year of the policy. This is expected to contribute to the industry’s anticipated growth of 7.2% in 2018-19, to $13.1 billion.</span></div>
<div style="text-align: left;"> </div>
<div style="text-align: left;" align="center">Industries set to fall in 2018-19</div>
<div style="text-align: left;" align="center"> </div>
<div style="text-align: left;" align="center">
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td width="292">
<div align="center">Industry</div>
</td>
<td width="195">
<div align="center">Revenue 2017-18 ($m)</div>
</td>
<td width="199">
<div align="center">Revenue 2018-19 ($m)</div>
</td>
<td width="234">
<div align="center">Revenue growth 2018-19</div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Multi-Unit Apartment &amp; Townhouse Construction</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">25,617</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">21,173</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">-17.3%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Building Societies</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">509</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">436</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">-14.4%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Video Game, DVD &amp; Recorded Music Retailing</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">1,006</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">927</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">-7.9%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">House Construction</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">44,683</span></div>
</td>
<td width="199">
<div align="center">41,823</div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">-6.4%</span></div>
</td>
</tr>
<tr>
<td width="292">
<div align="center"><span lang="en-GB">Iron Ore Mining</span></div>
</td>
<td width="195">
<div align="center"><span lang="en-GB">62,994</span></div>
</td>
<td width="199">
<div align="center"><span lang="en-GB">59,494</span></div>
</td>
<td width="234">
<div align="center"><span lang="en-GB">-5.6%</span></div>
</td>
</tr>
</tbody></table>
</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"><span lang="en-GB">Multi-Unit Apartment and Townhouse Construction</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The Multi-Unit Apartment and Townhouse Construction industry is expected to face deteriorating demand in 2018-19, as investors respond to the build-up of unsold stock by deferring projects. The recent completion of major apartment developments has contributed to excess supply in several capital cities, notably Melbourne and Brisbane, which is likely to dampen investment until vacancy rates gradually ease.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The scaling back of investment is also expected to coincide with weaker investment from Asia in the local real estate market, which is due to the tightening of mortgage lending practices to foreign residents by the local banks, and the imposition of additional land taxes on foreign investors. Although work done on multi-unit apartments and townhouses is expected to decline, the industry is declining from historically high levels and many of the construction contractors will look to ride out the cyclical contraction. Industry revenue is expected to contract by 17.3% in 2018-19, to $21.2 billion.</span></div>
<div style="text-align: left;"> </div>
<div style="text-align: left;"><span lang="en-GB">Building Societies</span></div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">The Building Societies industry has declined significantly over the past five years on the back of prominent exits and a falling cash rate. Intense competition from national banks, and low-interest rates, have placed significant pressure on the industry. Interest revenue generated by building societies on their loan books has fallen on the back of the lower cash rate, despite greater demand for mortgages.</div>
<div style="text-align: left;"> </div>
<div style="text-align: left;">The lack of access to further capital has been a key factor that has led to the conversion of several former operators to banks. In 2012-13, nine building societies were registered in Australia. Only three building societies remain in the current year, with the most recent exit being B&amp;E Ltd’s conversion to a bank in October 2017. As a result, revenue from building societies is expected to decrease by 14.4% in 2018-19, to $436.3 million.                      </div>
<div style="text-align: left;">                       </div>
<div style="text-align: left;"><span lang="en-GB">Video Game, DVD and Recorded Music Retailing</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The Video Game, DVD and Recorded Music Retailing industry is expected to decline by 7.9% in 2018-19. Changing media formats and the increasing popularity of online shopping are making trading difficult for retailers of products that can be accessed online. Intensifying competition from digital media formats and online-only retailers has significantly contributed to industry revenue declining over the past five years.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The industry’s largest product segment is video games. Although the uptake of video games has been strong over the past decade, the increasing sophistication of online-only stores and the advent of faster and cheaper internet connections have caused a significant portion of video game sales to occur online through platforms such as Steam. A similar trend is occurring for films, television shows and recorded music, with online streaming through providers like Netflix and Spotify becoming the dominant mode of content delivery. These trends are cementing the industry’s decline.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">House Construction</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The House Construction industry’s revenue is expected to trend downward in 2018-19, corresponding with the anticipated rise in mortgage interest rates and some deterioration in mortgage affordability. The magnitude of the cyclical correction in demand from the House Construction industry is expected to be much smaller than the slump in the aligned Multi-Unit Apartment and Townhouse Construction industry, which is exposed to substantial unsold stock levels and the exit of foreign investment.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The decline in new housing investment is likely to be most evident in the first-home buyers category, as the recent increases in housing prices and the rise in mortgage repayments are likely to prevent more households from becoming home owners. The House Construction industry is anticipated to decline, although continued solid population growth is expected to ensure solid underlying demand for new housing. Overall, industry revenue is forecast to decline by 6.4% in 2018-19, to $41.8 billion.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">Iron Ore Mining</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">Although revenue generated by the Iron Ore Mining industry is expected to decline 5.6% in 2018-19, this decline is from a relatively high level, and is across an industry that has expanded output dramatically over the past decade.  A lower average world iron ore price in 2018-19 is expected to be the main contributor to the industry’s revenue fall. As domestic and global iron ore production volumes continue to increase, iron ore prices are expected to weaken due to oversupply.</span></div>
<div style="text-align: left;"><span lang="en-GB"> </span></div>
<div style="text-align: left;"><span lang="en-GB">The industry relies heavily on Chinese demand, with China anticipated to account for more than 80% of Australia’s iron ore exports in 2018-19. Slower GDP growth in China will likely hinder demand for steel, and hence iron ore. Furthermore, a stronger Australian dollar against the US dollar will reduce the competitiveness of Australia’s iron ore exports. However, as local iron ore quality is very high, and as per-unit iron ore mining costs in Australia are very low globally, the industry will remain competitive in 2018-19 and over the next five years.</span></div>
<div style="text-align: left;"> </div>
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j.ballantyne1990-6AQqhLzZaK

Child care pinpointed by IBISWorld among industries set to fly in FY2018-19

Victorian architecture multi-award winner, Koondrook Wharf

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<p>Households in Sydney are generally dedicating the largest proportion of their annual incomes to service a mortgage, with the typical household dedicating 49% of their annual income to mortgage repayments, according to a report released last month by AHL Investments (Aussie Home Loans).</p>
<p>Darwin households generally show the lowest proportions of annual income that is dedicated to mortgage repayments, with 22% of annual household income being used to pay down mortgage debt.</p>
<p>Mortgage serviceability rates have improved since 2008, when the average household was dedicating 51% of their annual gross income to servicing a mortgage.</p>
<p>Mortgage serviceability data extends back to 2001 when the typical household was dedicating a much smaller proportion of their household income to service a mortgage, the Aussie report noted.</p>
<p>In 2001, households were dedicating an average of 26% of their gross annual income to mortgage repayments.</p>
<p><img src="https://www.urban.com.au/images/2018/7/6/Aussie%20Graph%204-2.JPG" alt=""></p>
<p>As housing values and interest rates moved higher, serviceability became more challenging, with the average proportion of household income required to service a mortgage reaching a peak of 51% in June 2008.</p>
<p>Despite dwelling values generally moving higher over the most recent five year period, mortgage serviceability has held reasonably firm thanks to mortgage rates trending lower.</p>
<p>Of course, as households reduce their principal loan amount, serviceability will improve.</p>
<p>With so much variance in the value of dwellings across the regions of Australia, mortgage serviceability measures show a broad range across the cities.</p>
<p><img src="https://www.urban.com.au/images/2018/7/6/Aussie%20Graph%204-1.JPG" alt=""></p>
<p> </p>
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Sydney trumps all in mortgage servicability hurdles over the past 25 years: Aussie/Corelogic

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<p>An East Queensland three bedroom on a 780sqm parcel has been sold for $230,000 by mortgagees.</p>
<p>It was sold by Trevor Chapman from Professionals on July 2.</p>
<p>It last sold at $740,000 in 2002 when it was a $2200 a week rental.</p>
<p><a href="https://www.realestate.com.au/sold/property-house-qld-moranbah-128196978" target="_blank">Situated at 24 Forrest Drive, Moranbah</a>, the house in low set Hardiplank comes with three bedrooms, living area with polished timber floors, modern kitchen, and four undercover car parking. </p>
<p>Other features include separate laundry, covered timber deck at the front and entertaining area with built-in BBQ.</p>
<p>The suburb's median house price sits at <a href="/developments/moranbah-qld-4744">$187,500</a>, according to CoreLogic. </p>
<p> </p>
<p> </p>
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$500,000 loss taken in Moranbah mortgagee sale

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<div>New data from SEQ confirms Brisbane’s residential house and land market performed strongly over 2017.</div>
<div> </div>
<div>Land prices are up more than 11 per cent, the Ray White Special Projects' latest SEQ Vacant Land Market Report indicated.</div>
<div> </div>
<div>It reports 10 major Local Government Areas responding to firming conditions with supply of vacant lots showing a sharp 31.82 per cent rise in Brisbane in the year to December 2017.</div>
<div> </div>
<div>Ray White Commercial head of research Vanessa Rader found a nine per cent spike in lot approvals which shows developers’ expectations of firming future demand.</div>
<div>
<br>Ray White Special Projects Qld executive director Mark Creevey expects to see price growth continue to firm largely in south-east Queensland due to the lack of available land for development and developers focused on owner occupied product.</div>
<div> </div>
<div>“Given there’s been a marginal lift of three per cent in the number of projects from last year it would appear that the significant increase has been derived from established estates delivering further supply to cater for demand,” Mr Creevey said.</div>
<div> </div>
<div>In south east Queensland there were 18,867 lots approved in 2017, down 16 per cent on 2016 but there were 15,691 lots registered which is a 5.97 per cent increase.</div>
<div> </div>
<div>The weighted average vacant land price in south east Queensland lifted 2.37 per cent in 2017 to $262,534.</div>
<div> </div>
<div>Brisbane City Council has the highest jumps from last year with a 9.13 per cent increase in registered lots to 2,894 in 2017 and an 11.35 per cent jump in the median land price to $412,000, with a 435sqm lot being the median size.</div>
<div> </div>
<div>House and land package sales fell 18.44 per cent to 566 sales but prices jumped 6.91 per cent to $735,000, demonstrating the continued requirement for increased supply in the Brisbane region.</div>
<div> </div>
<div>“Sales slipped backwards in 2017 but DA approvals and prices keep rising which bodes well for the future - with a 31.82 per cent spike in lot registrations,” Mr Creevey said.</div>
<div> </div>
<div>Ray White Special Projects Qld executive director Tony Williams said the inability of the LGA to deliver approvals in prime development corridors including Caboolture West, Warner and Morayfield resulted in a dramatic drop in lot approvals by more than 50 per cent.</div>
<div> </div>
<div>“If this is not addressed it could potentially have future supply and price implications,” Mr Williams said.</div>
<div> </div>
<div>“The number of lots registered has shown a solid increase of 32.38 per cent however this increase is from 11 per cent less projects than the previous year, pointing toward diminishing future supply unless key areas are unlocked.</div>
<div> </div>
<div>“The Moreton Bay LGA has demonstrated a flat performance over the past 12 months with the majority of indicators showing a downward trend somewhat defying the market sentiment and demand in this region."</div>
<div> </div>
<div>“The Moreton Bay LGA has traditionally been a popular development corridor offering significant supply across SEQld however has experienced a decline in vacant land settlements (down 4.45 per cent) as well as the median land price which reflects $251,000 (down 1.57 per cent).”</div>
<div> </div>
<div>On the Gold Coast, house and land package sales fell 35.71 per cent to 261 sales in 2017, with the median price rising 3.48 per cent to $505,000. The median lot size is 455sq m with a median vacant land price up 7.54 per cent to $271,000.</div>
<div> </div>
<div>Ray White Special Projects Qld director Matthew Fritzsche said the Gold Coast LGA land market had shown robust results over the last few years.</div>
<div> </div>
<div>“The volume of vacant land sales has however shown significant reductions although it has not dampened the median price across the region. Lot values have seen sizeable gains over the past 12 months after the prior few years had recorded minimal growth which was keeping affordability in check, the decrease in average lot size being a contributing factor,” Mr Fritzsche said.</div>
<div> </div>
<div>“The true growth on a $ per sqm basis has been consistently positive (albeit at a slower rate) and shows encouraging signs for the market. The fall in lot approvals on the back of limited availability of greenfield land is helping push prices upward.</div>
<div> </div>
<div>“Other indicators such as the house and land packages value increase emphasises the ongoing demand for housing in this location, which is expected to remain similar for the rest of 2018.”</div>
<div> </div>
<div>The Ipswich City Council region saw a 3.31 per cent slide in lot registrations, and it’s median vacant land price slipped 3.28 per cent to $191,500. House and land package prices remained steady at $385,000, and the median lot size in Ipswich was 443sq m.</div>
<div> </div>
<div>Mr Creevey anticipates that both values and volumes would remain similar over 2018 as an equilibrium was found between new supply and demand.</div>
<div> </div>
<div>“Demand for land and house and land product in the Ipswich LGA over the 2017 calendar year remained strong with only a slight variance down from 2016 in respect to median values and sales volumes,” Mr Creevey said.</div>
<div> </div>
<div>“The median value for land has reduced slightly we which expect to be a result of increased competition with a number of new estates having commenced in 2017. Volumes remain significantly higher than the longer term 5 and 10 year average.</div>
<div> </div>
<div>“Median values are only 5.69 per cent higher than the 10 year average while the rate per sqm is 20 per cent higher due to diminishing lots sizes which highlights the importance of maintaining affordability as a key selling point in this region.”</div>
<div> </div>
<div>The median lot size in Logan is 421sq m, with a steady median price for vacant of $220,500 with a healthy 5.3 per cent bump in lots registered to 1,690.</div>
<div>Mr Fritzsche anticipated rates of sale to remain strong throughout 2018 with some vacant land price growth.</div>
<div> </div>
<div>“Rates of sale improved by approximately five per cent over this same period and are well up on the long term averages, however value levels remain fairly static. The results for the Logan City LGA show a strong increase in lot approvals over the 12 month period to calendar end 2017,” Mr Fritzsche said.</div>
<div> </div>
<div>“This is a reflection of a number of large master-planned communities coming online in the region, together with a number of smaller more fragmented projects being undertaken by small to medium private developers / builders.”</div>
<div> </div>
<div>Ray White Special Projects Qld Associate Director Andrew Burke said there was a 39 per cent fall in lot approvals to 1662 lots on the Sunshine Coast, while the number of projects rose by 17 per cent to 88.</div>
<div> </div>
<div>The median vacant land price rose 5.69 per cent to $269,500 and the median price of a house and land package rose 4.4 per cent to $522,000.</div>
<div> </div>
<div>“We anticipate further increase in demand in this location due to ongoing business confidence and continued population growth,” Mr Burke said.</div>
<div> </div>
<div>“Infrastructure projects such as the University Hospital, the Sunshine Coast airport expansion, Maroochydore City Centre upgrade and the mooted light rail from Maroochydore to Caloundra (Stage 1 and 2) continue to transition to a highly valuable and sustainable economy. “</div>
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SEQ house and land market remains strong

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<p>The non-bank lender Pepper Group has implemented mortgage rate rises on construction loans, due to higher funding costs.</p>
<p>Its advisory to mortgage brokers advised the higher construction loan rates came into effect July 6.</p>
<p>The increases ranged from 20 basis points to 55 basis points depending on the type of mortgage and the loan to value ratio (LVR).</p>
<p>Its essential construction loan - with an LVR of of between 80 per cent to 85 per cent - the interest rate rises from 4.59 per cent to 4.79 per cent.</p>
<div>Pepper Group sits among the increased number of small financial services company to flag an out-of-cycle mortgage rate rise.The advisory memo to mortgage brokers, obtained by The Australian Financial Review, said the increases applied to new business. </div>
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Pepper Group raises rates for construction loans

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<p><span>Harvey Norman has appointed Elders to sell its Coomboona dairies operation in Victoria.</span></p>
<p><span><a href="https://www.realestate.com.au/property-dairy-vic-coomboona-7975514" target="_blank">Coomboona Dairies</a> is being marketed as one of Australia's most advanced dairy aggregations, "recognised for its modern purpose-built infrastructure and premium quality milking herd."</span></p>
<p><span><span>It has utilised some of the world's highest profile registered Holstein genetics.</span><br><br><span>Situated in the renowned Goulburn Valley region, Coomboona Dairies comprises 1,816 hectares, north west of Shepparton in Victoria.</span></span></p>
<p><span><span>It is currently milking in the vicinity of 2,500 Holstein cows.</span></span></p>
<p><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/2018/7/9/cattle2.jpg" alt=""></p>
<p><span><span>The dairy boasts annual milk production in excess of 30 million litres.</span></span></p>
<p><span><span><span>The aggregation is offered as a whole or in two contiguous parcels being Coomboona Dairies, 1,356 hectares and Glen Goulburn, with 460 hectares.</span></span></span></p>
<p><span><span><span>Offers are due August 16.</span></span></span></p>
<p><span><span><span><span id="yui_3_10_0_1_1531095872331_2689"></span><span>Harvey</span><span> Norman bought a 49.9 per cent of Coomboona Holdings in 2015 for $34 million, with partnership difficulties soon emerging.</span></span></span></span></p>
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Harvey Norman list Coomboona Dairies

<html><body>
<p class="x_MsoBodyText"><span>Farmers affected by the worsening drought crisis in NSW and Queensland are being urged to contact their bank to access assistance on offer.</span></p>
<p class="x_MsoBodyText"><span>The drought assistance has been available during the drought. </span></p>
<p class="x_MsoBodyText"><span>There is a Federal Government roundtable on drought affected communities with banks invited by Minister for Agriculture and Water Resources, the Hon David Littleproud to participate. </span></p>
<p class="x_MsoBodyText"><span>Anna Bligh, the CEO of the Australian Banking Association, said that banks were willing to help drought affected communities and have been rolling out assistance for to their customers in need. </span></p>
<p class="x_MsoBodyText"><span>“I have seen firsthand the difficulties that drought brings to our farmers and regional communities, including significant financial stress,” Ms Bligh said. </span></p>
<p class="x_MsoBodyText"><span>“Australian banks are ready to lend a hand to drought affected communities, particularly throughout New South Wales and Queensland, who are doing it tough. </span></p>
<p class="x_MsoBodyText"><span>“My message for regional communities is there’s no reason for anyone to struggle in silence, call your bank today and ask what assistance can be offered to help you through this difficult time.</span></p>
<p class="x_MsoBodyText"><span>"The Industry will continue to work with government to play its part in helping those affected.</span></p>
<p class="x_MsoBodyText"><span>"Customers are encouraged to contact their bank to discuss what hardship arrangements are available to them," she said. </span></p>
<p class="x_MsoBodyText"><span>ABA Member banks offer a range of services to help customers experiencing drought or other circumstances outside their control. </span></p>
<p class="x_MsoBodyText"><span>These can include: </span></p>
<ul type="disc">
<li class="x_MsoBodyText"><span>A deferral of scheduled loan repayments</span></li>
<li class="x_MsoBodyText"><span>Waiving fees and charges, including break costs on early redemption of Farm Management </span></li>
<li class="x_MsoBodyText"><span>Deposits</span></li>
<li class="x_MsoBodyText"><span>Debt consolidation to help make repayments more manageable</span></li>
<li class="x_MsoBodyText"><span>Restructuring existing loans free of the usual establishment fees</span></li>
<li class="x_MsoBodyText"><span>Deferring interest payments on a case-by-case basis</span></li>
<li class="x_MsoBodyText"><span>Offering additional finance to help cover cash flow shortages</span></li>
<li class="x_MsoBodyText"><span>Deferring upcoming credit card payments</span></li>
<li class="x_MsoBodyText"><span>Increasing emergency credit card limits</span></li>
<li class="x_MsoBodyText"><span>Waiving early termination fees for customers who wish to access their term deposits.</span></li>
</ul>
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Farmers offered banking assistance during drought

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<p>One of the biggest lots in Macarthur Heights estate in Campbelltown has been listed for $550,000.</p>
<p>The 615 sqm block of land located at <a href="https://www.realestate.com.au/property-residential+land-nsw-campbelltown-202138190" target="_blank">Lot 4296, 9 Westview Street, Campbelltown</a> comes with a 15 metre street frontage. </p>
<p>Land size closer to 500 sqm have been fetching between $470,000 and $495,000.</p>
<p>Macarthur Heights sits adjacent to the grounds of the Western Sydney University and is surrounded by 42 hectares of green parklands.</p>
<p>The development is set for 850 homes and will have an astronomy centre as its central attraction.</p>
<p>UrbanGrowth NSW are behind the project.</p>
<p>It's near the Australian Botanic Garden and has easy access to the M5 motorway and Hume Highway.</p>
<p><span>It is within walking distance of Macarthur Train Station, Macarthur Square Shopping Centre.</span></p>
<p>Linkers Real Estate agent Rubayet Mahmud is marketing the block. </p>
<p> </p>
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Dream home building block in new Macarthur Heights estate at Campbelltown

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<p>Haranel, a fully operating cattle farm on Mount Mee on Queensland's Sunshine Coast hinterland, has been sold for $1.95 million.</p>
<p>Ray White Rural, which suggested Haranel was ideal for either cattle grazing or fattening secured the price at auction last Friday.</p>
<p><span>The purchaser was described as a professional gentleman based in Brisbane.</span></p>
<p><span>The retiring owners are relocating for family reasons.</span></p>
<p>Jez McNamara and Barry Quinn from Ray White Rural Brisbane and Vicki Pain from Ray White Rural Dayboro marketed and sold the property which attracted over 100 enquiries during the four week campaign.</p>
<p>It spans 67 hectares of lush pastures able to accomodate more than 80 breeders plus calves year-round.</p>
<p>Mount Mee is 1600 metres above sea level, with its climate of cool clean air and high rainfall suitable for cattle farming.</p>
<p>The locality was almost all dairy country decades ago, but now only a few remain as the cattle industry has taken over.</p>
<p>Ray White Rural agents Barry Quinn and Jez McNamara who suggested Haranel is ideal for either cattle grazing or fattening secured the price at auction last Friday.</p>
<p>Currently the property runs the Droughtmaster breed, a breed conceived in response to the need in the Australian Tropics for tick resistance.</p>
<p>The breed use the environment and the pastures in the most efficient manner to give higher weight gains and fertility.</p>
<p>Its not a well know breed as Droughtmasters make up just five percent of registered cattle across the country.</p>
<p>Late last year Haranel sold its six month old Droughtmaster calves for $725 at Woodford sales.</p>
<p>There's steel cattle yards and a spring fed permanent creek that runs through the property which takes its name from Hebrew for Mountain of God.</p>
<p>A six bay shed incorporates a two storey, two bedroom, fully self-contained mangers quarters.</p>
<p>Quinn and McNamara have set a July 6 auction date.</p>
<p>The country property comes with a 2013 built homestead on a level plateau at the top of the estate, capturing views across the surrounding mountains, farmland, creeks and valleys.</p>
<p>Quinn says it's arguably the best home in Mount Mee. </p>
<p>The single level Queenslander with a wrap around verandah has two separate bedroom wings. There are six bedrooms, each with their own ensuite.</p>
<p>The large open plan living area with striking wood burning fireplace opens to terrace which features a swimming pool and spa.</p>
<p>Haranel last traded for $630,000 in 2012 before the house was built.</p>
</body></html>

Droughtmaster cattle farm, Haranel at Mount Mee, sold

<p>Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.</p>

<p>Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.</p>

<p>The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=146717 project_image_fid=372212]</p>

<p>Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.</p>

<p>"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.</p>

<p>"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."</p>

<p>[smartcode_project:default project_id=146717 project_image_fid=372227]</p>

<p>Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.</p>

<p>A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.</p>

<p>The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.</p>

<p>Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.</p>

<p>[smartcode_project:default project_id=146717 project_image_fid=372225]</p>

<p>While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.</p>

<p>The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.</p>

<p>The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.</p>

<p>[smartcode_project:default project_id=146717 project_image_fid=372222]</p>

<p>The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.</p>

<p>Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.</p>

<p>"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.</p>

<p>The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.</p>

<p>The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.</p>

<p>Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.</p>

<p>"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.</p>

<p>"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."</p>

<p>Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.</p>

<p>[smartcode_project_cta:default project_id=146717]</p>


Joel Robinson

Lowe Living launches Jardin House in Camberwell

<p>As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.</p>

<p>Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.</p>

<p>At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=6395]</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.</p>

<p>Rothelowman says the site itself shaped much of the architectural response.</p>

<p>“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=6399]</p>

<p>Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.</p>

<p>The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.</p>

<p>Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.</p>

<p>“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=353235]</p>

<p>A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.</p>

<p>The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.</p>

<p>The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.</p>

<p>[smartcode_project:default project_id=134323 project_image_fid=6390]</p>

<p>“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”</p>

<p>At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.</p>

<p>ALAND has commenced construction, and is expecting a completion date in 2028.</p>

<p>[smartcode_project_cta:default project_id=134323]</p>


The Walden pairs house-scale living with North Sydney connectivity

<p>The ACT will become the first jurisdiction in Australia to abolish stamp duty for all first home buyers, with no income caps and no property price thresholds from 1 July.</p>

<p>The move, announced as part of the ACT Budget, completes a key election commitment from the Barr Government and removes what Chief Minister Andrew Barr described as one of the biggest barriers to entering the housing market. The reform forms part of the ACT's long-running transition away from transaction taxes and towards a broader-based property tax system.</p>

<p>"This budget marks a major milestone in our long-term tax reform program," Barr said, adding that the government had maintained a sustained focus on removing barriers to home ownership. He said stamp duty had long been one of the largest upfront hurdles facing buyers and that from July, "that barrier is gone" for first home buyers in the Territory.</p>

<p>[smartcode_project:default project_id=139989 project_image_fid=350986]</p>

<p>The changes come alongside a range of measures designed to encourage new housing supply, including support for the delivery of so-called "missing middle" housing such as terraces, townhouses and low-rise multi-unit developments.</p>

<p>The announcement has renewed debate around whether the ACT's approach could provide a blueprint for improving housing affordability nationally.</p>

<p>New research from OurTop10.com.au, conducted by Primara Research, suggests the Territory's decade-long reform agenda has produced outcomes unmatched elsewhere in Australia.</p>

<p>While stamp duty costs have increased by an average 67 per cent nationally over the past decade, the ACT has recorded growth of just 15 per cent, the lowest increase of any jurisdiction.</p>

<p>The Territory has also emerged as one of the strongest performers on housing delivery. Based on population-weighted housing targets, the ACT is sitting less than one per cent behind its target. Victoria is the next closest at seven per cent behind, while the national average sits 25 per cent below target. New South Wales is tracking 39 per cent behind.</p>

<p>The latest reform removes one of the final barriers facing first home buyers in Canberra.</p>

<p>[smartcode_project:default project_id=139989 project_image_fid=359152]</p>

<p>The average Australian home buyer currently pays $61,714 in stamp duty. In the ACT, that figure is $38,399 despite the Territory having the third-highest median house price in the country.</p>

<p>Until now, the ACT's first home buyer concession scheme only applied to purchases up to $1.02 million, around $51,000 below Canberra's median house price of $1.071 million. In practical terms, many first home buyers were unable to access the median-priced home without losing the concession.</p>

<p>From July, those restrictions disappear.</p>

<p>Every first home buyer in the ACT will pay no stamp duty, regardless of income or purchase price.</p>

<p>Canberra remains one of Australia's most expensive housing markets, with dwelling values increasing 82 per cent over the past decade. However, that growth ranks only 11th among Australia's 15 major housing markets, suggesting affordability pressures have been less severe than in many other parts of the country.</p>

<p>Simon Ma, CEO of OurTop10.com.au, said the latest reforms recognise that many first home buyers have simply outgrown thresholds set years ago.</p>

<p>"Many first home buyers aren't just looking for a way onto the ladder, they want a home their family can actually live in," Ma said.</p>

<p>"In a market where the median house price is over a million dollars, a concession scheme that cuts out at $1.02 million was never going to get them there.</p>

<p>"Removing the ceiling entirely means ACT first home buyers can now pursue the home they actually want, rather than limiting themselves to a price point designed for a very different market."</p>

<p>Whether other states follow remains to be seen. But at a time when most jurisdictions are struggling to improve affordability while also increasing housing supply, the ACT has quietly become the national test case for both.</p>


15% stamp duty growth. Just 1% off the national housing target. Zero stamp duty for FHBs. Is the ACT the blueprint for the great Australian dream?

ACT abolishes stamp duty for first home buyers

<p>A rooftop pool and spa overlooking the Brisbane CBD, private dining spaces, expansive landscaped gardens and a residents' lounge are set to crown <a href="https://www.apartments.com.au/new-apartments/callista-on-park-west-end-49-mollison-street-west-end-qld-4101">Callista on Park</a>, the final residential building within Brisbane's West Village precinct.</p>

<p>The rooftop amenity collection has been designed as an extension of the lifestyle already established throughout West Village, providing residents with a series of indoor and outdoor spaces that capitalise on the building's elevated position above West End.</p>

<p>A swimming pool and heated spa form the centrepiece of the rooftop offering, surrounded by landscaped gardens developed through a collaboration between developer Sekisui House and ASPECT Studios. The design incorporates expansive lawn areas surrounded by English garden-inspired planting.</p>

<p>[smartcode_project:default project_id=134800 project_image_fid=370648]</p>

<p>Residents will also have access to two barbecue and outdoor dining areas positioned to take advantage of views across Brisbane's skyline, neighbouring Mollison Park, and the surrounding inner-city landscape.</p>

<p>For larger gatherings, the rooftop includes a private dining room centred around a substantial stone island bench, complete with a full kitchen and a 10-seat dining table set beneath four-metre-high ceilings. The space has been designed to overlook both the rooftop gardens and the Brisbane CBD skyline.</p>

<p>A separate residents' lounge provides an additional indoor retreat connected to the broader rooftop amenity offering, creating another space for residents to work, relax or entertain guests.</p>

<p>[smartcode_project:default project_id=134800 project_image_fid=370647]</p>

<p>The attention to detail extends beyond the rooftop.</p>

<p>Upon arrival, residents will enter through a lobby featuring a bespoke ceiling light installation developed in collaboration between Sekisui House and Alcorn Middleton Architecture. The arrival experience is complemented by private resident mailboxes and carefully considered interior finishes designed to reflect the premium positioning of the building.</p>

<p>[smartcode_project:default project_id=134800 project_image_fid=372541]</p>

<p>The amenity offering forms part of Callista on Park, the final residential release within the decade-long transformation of the former Peters Ice Cream Factory site into West Village, one of Brisbane's most established mixed-use communities.</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and being delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, Callista represents the most premium residential offering within the masterplanned precinct.</p>

<p>Construction is now entering its final stages, with scaffolding beginning to come down and completion expected in the first quarter of 2027.</p>

<p>Prices for the three-bedroom plus MPR apartments start from just over $2.6 million.</p>

<p>[smartcode_project:default project_id=134800 project_image_fid=351535]</p>

<p>Callista will mark the final opportunity to purchase within West Village, where residents have direct access to more than 35 retail, dining, wellness and medical operators including Harris Farm Markets, Woolworths, Function Well and Goodlife Health Clubs, Metro Arts, and a growing collection of restaurants and cafés.</p>

<p>Located just 800 metres from the Brisbane CBD, the precinct also places residents within walking distance of South Bank, West End's dining scene, riverfront parklands and major public transport connections.</p>

<p>For Sekisui House, which has delivered more than two million homes globally, Callista serves as the concluding piece of the West Village masterplan, bringing together the precinct's heritage character, parkland setting and emphasis on walkability in a final collection of larger-format residences.</p>

<p>[smartcode_project_cta:default project_id=134800]</p>


Rooftop pool, private dining and skyline gardens to crown West Village's final apartment release, Callista on Park

<p><a href="https://www.apartments.com.au/developments/wahroonga-nsw-2076">Wahroonga</a>’s enduring appeal has long been tied to its balance of bushland, established amenity, and access to some of Sydney’s most respected education and healthcare institutions.</p>

<p>Along Fox Valley Road, that combination is becoming increasingly sought after by buyers looking to remain connected to the Upper North Shore lifestyle while prioritising walkability, wellbeing, and convenience.</p>

<p>Developer Capital Corporation's initial vision of a 62-hectare site on Fox Valley Road was that they could create their own walkable community, bordered by&nbsp;more than 25 hectares of bushland and adjoining Coups Creek.</p>

<p><img alt="Wahroonga" data-entity-type="file" data-entity-uuid="b84917a1-0d75-49b9-888c-ddf7ebfd6692" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/NEW2026_Wahroonga_Walkway.gif?VersionId=Gk3_xi5ssYfalmwuQQ5umQakddceC31j" /></p>

<p><a href="https://www.apartments.com.au/new-apartments/the-residences-at-wahroonga-estate-169-fox-valley-road-wahroonga-nsw-2076">The Residences at Wahroonga Estate</a> draws directly on the area’s natural landscape, with walking trails and green corridors linking into sections of Lane Cove National Park. The surrounding network of bushwalks, cycling tracks, and reserves reinforces the suburb’s long-standing reputation as one of Sydney’s most nature-oriented residential pockets, while still maintaining close ties to village retail and transport infrastructure.</p>

<p>The address places residents within minutes of Wahroonga and Turramurra villages, where cafés, local grocers, boutiques, and everyday services support a highly localised lifestyle. Popular nearby venues including The Fox Café and Breeze Valley Café provide easy options for morning coffee or casual dining, while longstanding retailers such as IGA Wahroonga Fresh and Novella Fine Books continue to anchor the area’s village character.</p>

<p>&nbsp;</p>

<p><img alt="Wahroonga" data-entity-type="file" data-entity-uuid="c4a950f7-4f05-4370-b360-b106359788e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2026_Wahroonga_Entry_Gates.gif?VersionId=7n5kh9ymu.azYEYDemJkPgiIAfSw44oj" /></p>

<p>Healthcare access remains one of the defining locational advantages of the estate. Sydney Adventist Hospital, known locally as The San, sits directly adjacent and is one of the largest and most respected private hospitals in New South Wales. The hospital precinct incorporates specialist medical services, radiology, physiotherapy, and outpatient care, contributing to growing buyer demand from downsizers and owner-occupiers seeking long-term convenience and peace of mind.</p>

<p>Research commissioned by Capital Corporation found that health and wellbeing considerations are increasingly influencing downsizing decisions, particularly among buyers wanting to remain within familiar neighbourhoods while accessing medical infrastructure more easily.</p>

<p>Education has also historically underpinned demand across Wahroonga and the broader Upper North Shore. The estate sits close to several of Sydney’s leading private and independent schools, including Knox Grammar, Abbotsleigh, Barker College, Pymble Ladies’ College, Ravenswood School for Girls, and Loreto Normanhurst. Co-educational options including Wahroonga Adventist School and Sydney Adventist School further strengthen the area’s appeal to established families looking for long-term schooling pathways within a tightly held catchment.</p>

<p>[smartcode_project:default project_id=135247 project_image_fid=262183]</p>

<p>Transport connectivity supports the suburb’s liveability without compromising its quieter residential character. Wahroonga and Turramurra train stations provide direct rail access into the Sydney CBD, while the nearby Pacific Highway and M1 motorway strengthen links across the North Shore and broader metropolitan area. At the same time, the heavily treed streetscape and low-density character continue to distinguish the precinct from more urbanised parts of Sydney.</p>

<p>The Residences at Wahroonga Estate forms the first stage of <a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a>’s broader masterplanned vision for the precinct, delivered alongside the Seventh-day Adventist Church.</p>

<p>[smartcode_project:default project_id=135247 project_image_fid=364995]</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/group-gsa">GroupGSA</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/coco-republic-interior-design">Coco Republic</a>, the development integrates landscaped communal spaces including a pet-friendly Green Spine, resident lounge, BBQ pavilion, and direct bushland access, reinforcing the project’s focus on outdoor connection and community-based living.</p>

<p>Now under construction by Gold Star iCIRT-rated builder <a href="https://www.apartments.com.au/builders/dasco-australia">DASCO</a>, The Residences at Wahroonga Estate will deliver a collection of one, two, and three-bedroom apartments priced from $990,000, with completion anticipated in 2027.</p>

<p>[smartcode_project_cta:default project_id=135247]</p>


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