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Broken Hill has the highest house rental yield in New South Wales, according to Real Estate Investar’s latest report.
The property investment firm says that Broken Hill’s house rental yield is 10 percent.
This is followed by Kincumber with 8% and Coonamble, Wellington, Condobolin and North Albury with 7 percent.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="85">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="70">
Bedrooms
</td>
<td valign="top" width="117">
Current median rent
</td>
<td valign="top" width="79">
Rental yield
</td>
</tr>
<tr>
<td valign="top" width="85">
Broken Hill
</td>
<td valign="top" width="64">
2880
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="117">
$200
</td>
<td valign="top" width="79">
10%
</td>
</tr>
<tr>
<td valign="top" width="85">
Kincumber
</td>
<td valign="top" width="64">
2251
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="117">
$365
</td>
<td valign="top" width="79">
8%
</td>
</tr>
<tr>
<td valign="top" width="85">
Coonamble
</td>
<td valign="top" width="64">
2829
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="117">
$200
</td>
<td valign="top" width="79">
7%
</td>
</tr>
<tr>
<td valign="top" width="85">
Wellington
</td>
<td valign="top" width="64">
2820
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="117">
$185
</td>
<td valign="top" width="79">
7%
</td>
</tr>
<tr>
<td valign="top" width="85">
Condobolin
</td>
<td valign="top" width="64">
2877
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="117">
$240
</td>
<td valign="top" width="79">
7%
</td>
</tr>
<tr>
<td valign="top" width="85">
North Albury
</td>
<td valign="top" width="64">
2640
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="117">
$240
</td>
<td valign="top" width="79">
7%
</td>
</tr>
</tbody></table>
A two bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-broken+hill-414321527" target="_blank">307 Piper Street</a>, Broken Hill (above) is available for $190 per week.
Similarly a two bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-broken+hill-414377291" target="_blank">80 Gaffney Lane</a>, Broken Hill (below) is available for $200 per week.
It last sold in 2016 for $46,500, reflecting a 22% rental yield.
<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/2017/07/21/80%20Gaffney%20Lane.jpg" alt="">
A two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-broken+hill-125288174" target="_blank">295 O'Farrel Street</a>, Broken Hill (below) was sold in July this year for $80,000, reflecting a 13% rental yield.
<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/2017/08/03/295%20OFarrell%20Street.jpg" alt="">
Another two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-broken+hill-125059282" target="_blank">41 Thomas Lane</a>, Broken Hill (below) was sold in July this year for $65,000, reflecting a 16% rental yield.
<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/2017/08/03/41%20Thomas%20Lane.jpg" alt="">
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j.ballantyne1990-6AQqhLzZaK

Broken Hill the highest NSW house rental yield: Investar

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A four bedroom Hughes, ACT house has been sold for $1.701 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-act-hughes-125722674" target="_blank">38 Lynch Street</a>, the home was built by Ring &amp; Associates, who won an award in 2001 for the building.
Built in 2002 it was last sold in 2012 for $1.38 million while the 322 sqm block of land was sold in 1999 for $300,000.
It wraps around a central in-ground pool along with a sauna, shower and toilet.
The pool leads to the kitchen, family room and meals area.
Kitchen has its own island bench along with modern appliances, walk-in pantry and two wall ovens.
Formal dining and lounge has its own gas fire mantelpiece with a powder room nearby.
There are four bedrooms with the master having its own ensuite, with spa, and walk-in robe while the second and third shares the bathroom and the fourth could be converted into either a study or office.
<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/2017/07/09/38%20Lynch%20Street-2.jpg" alt="">
The theatre room features a gas fire along with projector and screen.
Close proximity to Woden shopping centre, clubs and amenities.
The property was offered through Total Property Sales agent Jeremy Francis.
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Award-winning Hughes house sold for $1.701 million

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Leading developer Stockland has confirmed its acquisition of a waterfront site at Hope Island for $13.5 million.
The purchase of the 3.3 hectare site at Marina Quays Boulevard is Stockland’s first stand-alone medium density acquisition in the state.
Stockland general manager of medium density Ben Cantrell said the site was an enviable waterfront location, surrounded by excellent established housing, golf courses, and opposite the proposed town centre that will be include a supermarket.
"This acquisition aligns with our strategy to diversify and broaden the reach of our residential business through mutual density development, by offering our customers high-quality architecturally designed homes, in key locations at affordable prices.”
The site is around the corner from Stockland’s Foreshore Coomera development, where the Coomera Town Centre will become home to the northern Gold Coast’s biggest shopping complex and new central business district.
Stockland is proposing a diverse range of townhomes to appeal to “upgraders, downsizers and first home buyers”, with approximately half of the townhomes in the new community to have water frontage.
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Stockland locks in $13.5 million Hope Island waterfront deal

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A four bedroom Albert Park house has been sold for $3.56 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-vic-albert+park-125702086" target="_blank">16 Greig Street</a>, the north facing property was renovated in the 1970s.
It was marketed as having the potential to be replaced with a modern property STCA with a generous 321 sqm block of land.
There are currently four bedrooms that leads to the central bathroom.
<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/2017/07/09/16%20Greig%20Street-2.jpg" alt="">
It is in close proximity to Gasworks Arts Park and Bridport Street village.
The median price of a house in Albert Park is $1,847,500, which is up compared to last year’s median price of $1.805 million.
The property was offered through Greg Hocking agents Sam Paynter and Greg Hocking.
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Four bedroom Albert Park house sold for $3.56 million

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Melbourne’s Mornington Peninsula scored the highest weekend auction clearance rate, according to CoreLogic’s latest report.
The property data firm calculated that out of the 39 auctions in the area 87.2 percent were successfully cleared.
<a href="https://www.propertyobserver.com.au/images/2017/07/31/Screen%20Shot%202017-07-31%20at%2012.02.29%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/31/Screen%20Shot%202017-07-31%20at%2012.02.29%20pm.jpg" alt="">
This is followed by the North West region with 81.3% and the Outer East and South East with 80.9% for both.
The Inner East region had the lowest clearance rate with only 68.8% of its 77 auctions cleared.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-frankston+south-125853198" target="_blank">90 Yuille Street</a>, Frankston South (above) was sold over the weekend for $945,000.
Another four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-seaford-125881510" target="_blank">15 Milroy Crescent</a>, Seaford (below) was sold for $850,000.
<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/2017/07/31/15%20Milroy%20Crescent.jpg" alt="">
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Melbourne's Mornington Peninsula scores 87 percent clearance rate

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Brisbane and Adelaide are both taking the same amount of time to sell a house, according to CoreLogic’s latest report.
The property data firm says that houses in both capitals are taking 61 days to sell while for units it is 77 days in both capitals.
<a href="https://www.propertyobserver.com.au/images/2017/07/31/Screen%20Shot%202017-07-31%20at%202.12.49%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/31/Screen%20Shot%202017-07-31%20at%202.12.49%20pm.jpg" alt="">
Sydney and Melbourne both take around a month for properties to sell making it the fastest place to sell a property.
However units in Darwin can take up to 101 days to sell while houses in Perth can expect to stay for up to 85 days.
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Brisbane and Adelaide share same median time on market: CoreLogic

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<img src="https://counter.theconversation.edu.au/content/80324/count.gif?distributor=republish-lightbox-advanced" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
When a new alcohol supermarket opens up in your neighbourhood you might think it’s a great place to get a cheap bottle of wine. But what if one is set to open in a disadvantaged area with a high number of existing outlets, high rates of alcohol-related crime and domestic violence?
Bottleshops aren’t like other shops. There’s growing evidence their location and density influences the health and well-being of the people in surrounding areas, particularly in disadvantaged areas.
Yet, our research reveals when liquor licences and development applications for new bottleshops are considered in court, their public health impact is seldom taken into account.
What if there are lots of other bottleshops nearby?
The 20% of Australians who live in the poorest areas are 1.6 times as likelyas the richest 20% to have two or more chronic health conditions like heart disease and diabetes. Yet bottleshops are disproportionately located in areas of socioeconomic disadvantage, potentially adding to the disease burden of an already disadvantaged area.
Local communities with higher densities of alcohol outlets tend to have poorer health, with much higher rates of hospitalisations and premature deaths, particularly due to cirrhosis (long-term liver damage). The link is stronger in poorer communities.
Conversely, research by a colleague shows people who do not have bottleshops within 800 metres of their home say their health is betterthan the health of people who live closer to a bottleshop.
Competition between nearby outlets – and the extended opening hours, increased visibility of outlets and exposure to alcohol advertising – that often goes with it can increase alcohol consumption.
 
The clustering of outlets can also encourage outlets to compete on price and promotions for cheaper and greater quantities of alcohol. Such promotions can lead to anti-social behaviour such as alcohol-related injury and violence. Researchers see this in both rich and poor areas.
Increasing the density of alcohol outlets exacerbates domestic violence in the postcode area, which we see across all areas, but with higher rates in areas of socioeconomic disadvantage.
And there’s a stronger association between outlet density and violence in general in socioeconomically disadvantaged areas compared to other areas.
There are also different effects depending on how the alcohol is sold. For example, a high density of alcohol outlets (which includes large and small bottleshops, clubs and pubs) is strongly related to alcohol-related chronic disease. Meanwhile increases in the number of licenses for bottleshops are associated with increases in rates of domestic violence. We see this across the board, not just in poorer areas.
How about Indigenous communities?
The health consequences of alcohol availability is an issue that cuts across Indigenous and non-Indigenous populations.
Indigenous people are more likely to abstain from drinking than non-Indigenous people (28% versus 22%). Yet Indigenous people disproportionately experience alcohol abuse and alcohol-related harms. Alcohol use is associated with 7% of all deaths and 6% of the total burden of disease experienced by Indigenous Australians compared with 5% of the burden of disease in the general population.
Our research has shown restricting alcohol in Indigenous communities, where community-led, is generally effective in improving health and social outcomes including disease, injury and crime.
How do new bottleshops get approval?
Despite the growing evidence of the detrimental effects of increasing alcohol outlet density, particularly in disadvantaged areas, bottleshops continue to be built in communities already struggling with the harms of drinking.
Our research shows when development applications for new alcohol outlets are rejected, groups with vested interests, such as the alcohol industry, take local governments to court and win – even in cases where there have been hundreds of community submissions opposing the developments.
In 77% of cases we looked at from 2010 to June 2015, the alcohol industry was successful in having local planning decisions overturned in court, and the proposals went ahead.
 
This was the situation for the community of East Nowra in New South Wales. The local government, Shoalhaven City Council, community members, family support services and local police joined together to oppose the development of a 1,400 square metre Dan Murphy’s (owned by Woolworths) liquor store over fears the community’s health and social problems would be made worse by making cheap alcohol more accessible. Yet, the local government’s decision to reject the proposal was overturned in court and the outlet went ahead.
This type of situation is possible because existing policies and legislation that control approvals for liquor licences and bottleshop development applications seldom consider the public health impacts. Rather, they focus on economic imperatives, zoning, planning requirements and amenity (how attractive or pleasant a development is likely to be).
What we’d like to see
To reduce the public health impacts of alcohol outlets in local communities, planning law and policy in all jurisdictions need to consider health and social impacts, as is already the case in the Australian Capital Territory, South Australia and Queensland.
Our results suggest this approach has resulted in fewer cases where the alcohol industry has local government decisions overturned in court.
These provisions would empower the courts to make decisions good for the public health of their communities. They could also help protect the authority and autonomy of local governments to reject industry proposals that do not promote the health and well-being of their constituents.
<a href="https://theconversation.com/profiles/janani-muhunthan-387416" target="_blank">Janani Muhunthan</a> is PhD candidate, George Institute for Global Health.
<a href="https://theconversation.com/profiles/andrew-wilson-7869" target="_blank">Andrew Wilson</a> is Co-Director, Menzies Centre for Health Policy, University of Sydney.
<a href="https://theconversation.com/profiles/stephen-jan-387415" target="_blank">Stephen Jan</a> is Head of Health Economics and Process Evaluation Program, George Institute for Global Health.
All are authors for <a href="https://theconversation.com/au" target="_blank">The Conversation</a>.
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Bottleshops affect people’s health, so our laws need to reflect that

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A waterfront property in Sanctuary Cove in the Gold Coast belonging to failed Indian group Pearls, which was involved in a $10 billion Ponzi scheme, has been on the market for more than a year a deal for more than $4 million fell through. 
The 1019-20 Edgecliff Drive house was bought for $4.95 million in 2011, a year after Pearls picked up the Sheraton Mirage Hotel on the Southport Spit for $62.5 million.
The Sheraton was sold in January for $140 million and last year Pearls’ major Australian vehicle, which had been renamed the Mii group, exited its interest in a beachfront Surfers Paradise site, the Gold Coast Bulletin reported.
Last year, a caveat by the Queensland government temporarily blocked the sale of the Gold Coast Sheraton Mirage resort to help class action lawyers seeking to take control of it in the interests of Indian investors.
In 2009, before its collapse, India’s $10 billion failed Pearls Ponzi scheme brought more than $100 million of the scheme’s money to Australia, buying the Sheraton Mirage.
Pearls was spruiked in India by Australian cricketer Brett Lee, who was paid $300,000 for his services. It promised investors huge ­returns if they invested in land parcels across India.
It appears the net proceeds of the Pearls sales, including those from the Sanctuary Cove house, ultimately will end up with the Indian government for disbursement to investors caught up in the Ponzi scheme.
India’s financial markets watchdog, the Securities and Exchange Board of India, has been handling the selloff of Pearls assets, which in India have included a swag of properties and 79 luxury cars.
Last May, the fully-furnished Sanctuary Cove house didn’t sell at auction. It drew an unsuccessful top bid of $4.6 million.
Later, a $5.5 million tag was put on the house.
The agents marketing the home are tight-lipped but word is that multiple offers have followed from buyers wanting to tap into a rising Sanctuary Cove market but those offers haven’t found favour with SEBI.
The house is owned by Pearls Infrastructure Projects.
The five-bedroom house, bought for $3.7 million, has a lift, parking for six cars, and a jetty.
Pearls Infrastructure later increased the size of the land-holding to 1,700 sqm by spending $1.25 million on an adjoining lot and created a waterfront entertaining area, complete with marquee.
The Gold Coast Bulletin reported among the Pearls-related parties known to have used the Cove house included Barinda Kaur, daughter of Pearls founder Nirmal Singh Bhangoo.
Four years ago Barinda was involved in a legal wrangle after a company she owned failed to settle the $7 million purchase of the 64 Ferny Avenue office tower in Surfers Paradise.
The building subsequently sold to Chinese investors for $6.187 million.
Barinda’s father is facing charges over the Pearls collapse and was languishing in an Indian jail until he was transferred last year to a hospital.
He allegedly duped more than five million investors when the Pearls group promised them agricultural plots and healthy returns on their funds.
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Indian ponzi group Pearls' Gold Coast waterfront house waits for buyer

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The latest research from Wellington Cityscope shows that commercial property sales have decreased in total sales value in the last quarter, according to CoreLogic's latest cityscope.
The property data firm says that for the three months to July 2017, there were 13 sales at a total value of $95.5 million, compared to the same number of sales at a total value of $170.1 million for the previous quarter.
For the twelve months to July 2017, there were 67 sales at a total value of $462.7 million, compared to 83 sales at a total value of $451.9 million for the previous 12 months.
The table below shows sales recorded for the past eight updates of Wellington Cityscope.
<a href="https://www.propertyobserver.com.au/images/2017/07/14/Screen%20Shot%202017-07-14%20at%2010.49.44%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/14/Screen%20Shot%202017-07-14%20at%2010.49.44%20am.jpg" alt="">
Notable sales in the July 2017 update of Wellington Cityscope include:
<ul>
<li>49-61 Tory Street, Te Aro, four interconnected office buildings, three of six-storeys, one of five-storeys, built in a more or less U-shape around a bitumen road and which were refurbished in 2015 with parking area for 100 vehicles and building area of 14,414 sqm, which sold for $56 million;</li>
<li>Unit 1, 148-176 Wakefield Street, Te Aro, the James Smith Car Park building of eight levels, which sold for $18.5 million and</li>
<li>138 The Terrace, Wellington Central, 10 levels office building including basement parking with 19 spaces accessed via Rosina Fell Lane under the motorway off-ramp to the rear, which sold for $7.51 million.</li>
</ul>
<a href="https://www.propertyobserver.com.au/images/2017/07/14/Screen%20Shot%202017-07-14%20at%2010.50.35%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/14/Screen%20Shot%202017-07-14%20at%2010.50.35%20am.jpg" alt="">
Properties listed as for sale in the July 2017 update of Wellington Cityscope include:
<ul>
<li>Unit 2, 76-86 Manners Street, Te Aro, a whole of level two comprising 405 sqm of commercial space, for sale by deadline private treaty through Colliers International;</li>
<li>Mountain Safety House, at 19 Tory Street, Te Aro, once British Cars House, built 1905 and renovated in 1987, a four-storey brick office building with a penthouse on top, for sale by deadline private treaty through Colliers International; and</li>
<li>6 College Street, Te Aro, a three-storey building with a warehouse and shop on the ground floor and two office floors above, built in the 1970s, for sale by deadline private treaty through Colliers International.</li>
</ul>
Leasing opportunities listed in the July 2017 update of Wellington Cityscope include:
<ul>
<li>Reserve Bank of New Zealand Building, at 2 The Terrace, Wellington Central, 17 levels, built 1972 consisting of a podium of four levels topped by an office tower of 13 levels, which has office space of ranging from 915 sqm to 4,575 sqm available through Colliers International;</li>
<li>1-9 Victoria Street, Mt Cook, the former ANZ National Bank House, a 12-storey, glazed, concrete office tower, completed early 1985, which has office space ranging from 300 sqm to 6,500 sqm available through Colliers International.</li>
<li>Thinktankz House, 25-27 Vivian Street, Te Aro, a four-storey office building, with a workshop and parking space for 20 cars on the ground floor, has office space on ground, levels 1, 2 and 3 available through NAI Harcourts and Bayleys.</li>
</ul>
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Commercial sale turnover in Wellington, New Zealand: CoreLogic

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A Bendigo Bank site in Melbourne's eastern suburb of Camberwell has sold for $7.03 million under the hammer.
It sold on a sharp 4.2% yield.
The <a href="https://www.realcommercial.com.au/property-retail-vic-camberwell-502443590" target="_blank">4 Prospect Hill Road</a> property is a two-storey freehold building, with five-year leases to Bendigo and Adelaide Bank Ltd on the ground floor, and to CIPL Ltd over the first-floor office space.
The selling agents were Chris James, Chris Kombi and David Bourke of Fitzroys.
The 788 sqm building is on a 431 sqm site with dual frontages to Prospect Hill Road and the Market Place Carpark.
Bourke said the tenancy profile and dual frontages were key drivers and the sale reinforced the confidence in Camberwell Junction.
“The property is positioned near the Burke Road and Prospect Hill Road intersection, at the heart of the popular retail precinct, and the wider area has been the beneficiary of increased residential development on its doorstep,” he said.
“The introduction of developments such as Aerial, Solstice, Elmington, Middle Burke and others have recently brought hundreds of new apartments into the area.”
About 1,500 new apartments are in the pipeline around Burke Road and Camberwell Junction.
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Bendigo Bank site in Camberwell fetches $7 million at auction

A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Joel Robinson

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada Australia</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada Australia's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada Australia as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada Australia files for trio of apartment towers in Campsie town centre</a>

Arada Australia entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

Staff reporter

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