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An early Federation Killara house has been sold for $5.26 million making it Sydney’s most expensive weekend auction sale.
The five-bedroom house sold at its reserve price, the North Shore Times revealed with the buyer, Seal Fan, an Australian-Chinese furniture designer from Chipping Norton, who will be moving in with his wife and three children.
Located at <a href="https://www.realestate.com.au/property-house-nsw-killara-125805670" target="_blank">4 Stanhope Road</a>, the 1657 sqm property provides a fusion of contemporary style and character elegance.
Built in 1890 the property was last sold in 2013 for $3.722 million, when bought by David Whiteing, Commonwealth Bank of Australia’s chief information officer, and his wife Penelope Graham, deputy chair of Sydney Motorway Corporation.
It sold in 2005 for $2.7 million, $2.4 million in 2004 and $1.56 million in 2000.
In 2007 the property was refurbished.
The property has a formal lounge and dining with original marble fireplaces with a casual dining with easy access to the outdoor.
<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/2017/07/30/4%20Stanhope%20Road-2.jpg" alt="">
There is also a Travertine verandah with BBQ along with in-ground swimming pool and park-like landscaped backyard.
The stone gas kitchen has top-of-the-range appliances.
There are five bedrooms, three of them having their own ensuite, along with a study.
Other features includes storeroom/workshop, 1000 bottle wine cellar and double garage.
Killara station is only 600 metres away and the property is close to Ravenswood.
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j.ballantyne1990-6AQqhLzZaK

Early Federation Killara house sold for $5.26 million

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Undergraduate students from leading universities in Australia and New Zealand will have the opportunity to participate in a real estate case competition hosted by the University of Sydney Business School and sponsored by global property company, Savills Australia.
The University of Sydney Business School Real Estate Case Competition is based upon a real-world Australian real estate case, giving students the opportunity to put their knowledge into first-hand practice.
The university chooses the assignment by selecting a property asset in Sydney and tasks the teams with analysing an actual commercial real estate transaction, rendering a recommendation, and providing a presentation of their analysis and proposal.
The teams will consist of four to six students and will be judged through their presentations, analysis, approach to problems and knowledge of the given case by senior representatives from the property industry.
The winning team will receive guaranteed entry and an all-expenses paid trip (up to $25,000), to compete in the global invite only ‘Cornell International Real Estate Case Competition’ where teams are judged by leading experts in Real Estate.
According to Paul Craig, CEO of Savills Australia and New Zealand, who will be part of the judging panel, “This is an incredible opportunity for a high calibre of students to compete for an exciting grand prize and trip to New York.”
“But more importantly, it is a real life working example of what these students are going to be doing in their property careers.
"This practical application and hands on experience will help shape the next generation of property experts in Australia and New Zealand” he said.
“The mentoring the students will receive through the judging process will be invaluable to their future careers.”
The University of Sydney Business School Real Estate case competition will take place on Monday 25 September 2017 at The Abercrombie Building at the University of Sydney Business School in Sydney.
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Students battle it out in real-world property competition

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Australian private sector credit recorded a solid increase in June, led by a rebound in the business sector after several months of weakness.
The divergence between investor and owner-occupier housing credit continued, with the former still slowing in response to APRA’s macroprudential regulation.
This trend is likely to still have further to run.
<a href="https://www.propertyobserver.com.au/images/2017/07/31/Screen%20Shot%202017-07-31%20at%201.51.10%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%201.51.10%20pm.jpg" alt="">
Housing credit posted another 0.5% m/m rise in June, although at the margin (2 decimal places) this was the slowest monthly increase in a year.
The slowdown in investor borrowing continued, and quarterly annualised growth now sits at 6.0%.
This reflects a significant cooling from the recent peak of 9% growth reached in December 2016, suggesting that APRA’s macroprudential regulation continues to bite housing investors.
<a href="https://www.propertyobserver.com.au/images/2017/07/31/Screen%20Shot%202017-07-31%20at%201.50.41%20pm.jpg" target="_blank">Click to enlarge</a>
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On the other hand, credit to owner-occupiers again posted faster monthly growth than the investor segment.
The divergence between the segments kept total annual housing credit growth at 6.6% y/y, reflecting a stabilisation at a marginally higher rate than at the start of the year.
<a href="https://www.propertyobserver.com.au/images/2017/07/31/Screen%20Shot%202017-07-31%20at%201.50.50%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%201.50.50%20pm.jpg" alt="">
Business credit recorded the strongest monthly rise since December 2016, up 0.9% m/m.
This is a welcome result after a period of weakness, but we do not expect it to be sustained indefinitely.
Business finance approvals have remained weak in recent months, and suggest that growth in the stock of business credit is likely to ease from here.
<a href="https://www.propertyobserver.com.au/images/2017/07/31/Screen%20Shot%202017-07-31%20at%201.51.00%20pm.jpg" target="_blank">Click to enlarge</a>
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Housing investor credit continues to ease: ANZ Research

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A Peter Byfield-designed Red Hill house has been sold for $2.9 million making it Canberra’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-house-act-red+hill-125867986" target="_blank">58 Endeavour Street</a>, the property has views of the surrounding landscape.
The two-storey residence has an open plan living room with g as fire and floor-to-ceiling windows.
The state-of the-art kitchen has marble benchtops, gas cooking and butler’s pantry providing a second hotplate, oven, sink and dishwasher.
Upstairs features the sitting area and gas fire along with built-in and balcony.
<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/2017/07/30/58%20Endeavour%20Street-2.jpg" alt="">
There is also a fifth bedroom and the large master bedroom with ensuite.
There are three further bedrooms, all with their own built-in robes while one has its own ensuite.
There are also landscaped gardens, covered terrace and in-ground swimming pool.
Other feature includes spaces for five cars.
The property is close to Red Hill walking trails and Manuka.
The property was offered through Luton Properties agents Richard Luton and Sophie Luton.
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Peter Byfield-designed Red Hill house sold for $2.9 million

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The Bimbadgen Estate in the Hunter Valley has just got bigger.
Lee Seng Huang, the executive chairman of the Mulpha Australia Group, has spent $1.9 million on an adjoining 10 hectare holding, Worthington's Vineyard on Palmers Lane.
The sale was through Jurds agent Cain Beckett.
The vineyard was originally planted in 1968 by Allan Martin and his family with the help of his mate, Max Lake. The Worthington family has lived and worked in the Hunter Valley since the 1980s.
The neighbouring Bimbadgen’s Palmers Lane vineyard also dates back to the late 1960s. 
Its name stems from the local indigenous language meaning ‘Place of Good View’.
Bimbadgen was acquired by the Lee family in 1997 for $2.6 million when it was known as Parker's vineyard and winery.
This article first appeared in the Sunday Telegraph.
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Hunter Valley Bimbadgen Estate just got bigger

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Wavi Island in Fiji, a privately-owned freehold island with 20 building blocks, is the latest development to join the exotic property raffle trend.
This tropical villa raffle is the most alluring of all giveaways with its undisclosed Australian owner intending raffling five villas.
Each are valued at US$5 million (AU$6.7 million).
The cost for a raffle ticket will US$19 AU$25 with the first winner to be drawn three days after 300,000 ticket sales, totalling US$5.7 million.
It took the Victorian based entrepreneur almost two years to secure the international licenses and gaming permits.
The winners can live in the villa full time or lease it out for holiday accommodation.
Wivi is one of 300 plus islands in Fiji, where international celebrity owners include Mel Gibson and the Austrian billionaire Dietrich Mateschitz, co-owner of the Red Bull energy drink company.
Tony Robbins, author and motivational coach owns the resort next door to Wavi Island, Namale Resort Spa; and the Jean Michael Cousteau Fiji Resort is on the other side.  Then there is Hunters Hill developer Lang Walker’s resort Kokomo Island where the three bedroom villas from $4,995 per night.   
Wavi Island currently has a three bedroom pavilion villa which have been for sale unsuccessfully since completed three years ago.
"Seeing the success of other property raffles, the Wavi Island owner has acquired the world-wide licenses to proceed with a raffle," spokeswomen Lynn Malone said.
The owners will be donating some raffle funds to the local community in consultation with the Tui Nasavusavu, Chief of the Savusavu region. 
Last year La Casa Verde in Ecuador was put up for raffling off by expatriate Doug Greenshields, the former farmer from central Victoria and his economist wife, Rebecca.
"It’s better odds than Tattslotto,” Doug told news.com.au.
But there were not enough ticket sales so their eco-friendly guesthouse didn't find a new owner.
There was a 35,000 ticket target, but permission to sell 250,000 at US$29. 
They have since advised what they'd taken from ticket proceeds would be discounted off any sale price. The standard RSL Art Union property prizes have got more luxurious over the years.
Last October there was a $4 million newly built offering at Freshwater.
The RSL Art Union's next offering with $5 tickets offers a choice of a Campbell Parade, Bondi Beach apartment or a Mahogany Drive, Byron Bay apartment.
To read more, <a href="https://www.winafijivilla.com/prizes/" target="_blank">click here</a>.
This article first appeared in the Sunday Telegraph.
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Property raffle for Fiji's Wavi Island villas

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No price clues came from weekend Elsternwick auction results on the likely worth of the five relocated restored homes that featured in last night's premiere of The Block's latest series.
The weatherboard cottages will be auctioned in around 12 weeks time.
The low-key Melbourne suburb had four weekend auctions - but they were all apartments.
They sold between <a href="https://www.realestate.com.au/property-unit-vic-elsternwick-125870294" target="_blank">$606,000</a> (above) for a one bedroom on Orrong Road and <a href="https://www.realestate.com.au/property-apartment-vic-elsternwick-125841406" target="_blank">$910,000</a> for a two bedroom McCrombie Street apartment that had been tipped to fetch $880,000.
Elsternwick's July house sales have ranged between $1.4 million to $1.975 million.
Moving an entire home is not something that is common, but as its been done on The Block, it will no doubt become more fashionable. For more information about moving entire homes download our handy eBook.
The Block debuted last night for its 13th season with 1.117m metro viewers tuning in.
The premiere was up on last year’s launch audience of 1.074m, according to OzTAM’s overnight preliminary metro ratings.
 
<img class="aligncenter size-large wp-image-461404" src="https://d1pet9gxylz2tx.cloudfront.net/uploads/2017/07/The-Block-1-800x480.png" alt="" width="470" height="282">
The Block was the most-watched program across key advertising demographics 16-39, 18-49 and 25-54.
Debuting at 7:30pm last night, Ten’s Australian Survivor managed 639,000 metro viewers, shedding 144,000 viewers from last year’s debut.
Seven’s Sunday Night was the most-watched program for the evening with 1.334 million tuning in to hear Princes William and Harry speak of their mother’s death for the first time.
Elsternwick is named after an early property in the area, which was named from German and Anglo-Saxon words meaning "magpie" and "village" respectively.
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Elsternwick weekend auctions offer no clue to The Block relocated home pricing 

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An app designed by WA real estate agents, called Open Negotiation allows sellers to pre-approve terms and conditions from people interested in buying their house.
The approved buyers are then able to bid for the property in an online auction, enabling bidders to see what the other parties are offering.
It has attracted listings from agencies including Mint, Abel McGrath, Jones Ballard and The Agency.
“In a normal private treaty we often get calls from the buyers that miss out saying, ‘I would’ve paid that. I found out what you sold it for and I would’ve paid more if I had known what you sold it for’,” said Peter Clements, a real estate agent and one of the brains behind the concept.
“With Open Negotiation I have never enjoyed selling as much, because you can share other people’s prices. All the buyers feel comfortable because if they miss out, they only chose to miss out because they couldn’t pay any more,” he told the local Perth paper.
The app has been operational for five weeks with 17 homes sales since using the technology.
“There’s never ever been another system that pre-contracts and then allows agents to still be involved at the same sort of level,” Mr Clements said.
Clements said while the initial roll-out was in WA, there was interest across Australia.
There were five bidder and eight bids on a Bayswater recent listing, a three bedroom duplex at 117B Milne Street. 
<div class="price-auctdate">
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Open Negotiation Date:  Jul, 25, 2017, 07:00pm (Perth Time)
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<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
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Successful Bidder: 3255 $465,000.00
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</div>
<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
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Bidders Final Offers  
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</div>
<div class="bidders-final-offer">
<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
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3255 $465,000.00 Highest
</div>
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</div>
<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
<div class="property-price">
<div class="paddle-price-wrap">
7876 $415,000.00
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</div>
<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
<div class="property-price">
<div class="paddle-price-wrap">
3255 $410,000.00
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<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
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<div class="paddle-price-wrap">
7876 $407,000.00
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<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
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5399 $307,000.00
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<div class="auct-detailbox col-lg-12 col-md-12 col-sm-12 col-xs-12">
<div class="property-price">8 Bids 5 Bidders</div>
<div class="property-price">The website advised should a successful sale not be concluded, other bidders will be contacted in order of the last bids.</div>
</div>
</div>
For more information, go to <a href="https://www.openn.com.au/" target="_blank">openn.com.au</a>
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Openn.com.au app advances online residential property auction capabilities

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<div class="cq-article-content-paras section">
The newly established Murray Darling Food Company has purchased the landmark Lachlan River holding, Burrawang West Station in central NSW.
It has relisted the property's luxury resort building which is redundant to its needs.
Inglis Rural Property Sydney assisted in the recent sale with Sam Triggs advising Fairfax Media the new owners would now sell of a 65 hectare parcel which included the Burrawong Homestead and Resort.
"The $1.95 million price tag for the resort is hugely under replacement value," Mr Triggs said.
 "The Kajima Group spent over $8 million planning, building and landscaping the whole facility in 1991."
</div>
<div class="cq-article-content-media section">On offer is the substantial Burrawang Homestead and retreat, which comprise four self-contained bungalows, two staff bungalows along with an entertaining quarter that has been built as a representation and tribute of Australian pastoral history.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The retreat offers lodgings for 24 guests across 12 luxury guest rooms along with facilities including tennis courts, 20-metre in ground swimming pool, media room and bar and sauna and golf driving range.</div>
<div class="cq-article-content-paras section">
The decision to sell the homestead and retreat fits in with the Murray Darling Food Company's focus on agricultural production.
The Burrawang West Dorper Stud is widely regarded through NSW for its high quality stud stock producing commercial and Stud Dorper and White Dorper sheep.
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Burrawang West resort back up for sale

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Melbourne was again the busiest and the best auction locality on the last weekend in July.
There were 943 auctions held across Melbourne on the weekend with a preliminary clearance rate of 77.2 per cent, increasing from a final clearance rate of 73.8 per cent last week across 833 auctions.
Over the same week last year, Melbourne’s clearance rate was 75.3 per cent across 754 auctions.
Of the nine Melbourne sub-regions, five recorded clearance rates above 80.0 per cent, with the highest clearance recorded across the Mornington Peninsula, with preliminary results showing 87.2 per cent of the 39 results were successful followed by the North West where 81.3 per cent of auctions cleared.
A French-style Balwyn house sold for $3.812 million making it Melbourne’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-vic-balwyn-125831142" target="_blank">27 Burroughs Road</a>, the 2012 built home was last sold in 2013 for $3.27 million.
The property was offered through VicProp agents Jack Zhang and Janssen Xiang.
In Sydney, 704 properties were taken to auction this week with a preliminary clearance rate of 68 per cent.
"Last week, the final clearance rate for the city was 70.3 per cent across 625 auctions, after sitting below the 70 per cent mark for the previous six weeks, so it will be interesting to see what the final clearance rate is like," Kevin Brogan, CoreLogic's auction analyst said.
Looking at a wider trend of numbers, the second quarter growth has been weaker than the first quarter, CoreLogic's head of research Tim Lawless said.
Melbourne is now the absolute standout performer for 12-month growth, he noted.
“While it overtook Sydney a little earlier in 2017 it is now well and truly entrenched in that spot.
“The median in Sydney is now $1.05 million, while in Melbourne it is $755,000, so we are talking about a difference of $300,000,” he told The Herald Sun.
This time last year ago, 509 Sydney homes were taken to auction for a 78 per cent success rate.
This week, the performance across Sydney’s individual sub regions was mixed.
Across the South West region, where 47 of the 50 results have been reported so far, the preliminary clearance rate was 40.4 per cent, while across the Eastern suburbs it was 90 per cent and 81.8 per cent in the Inner West.
Sydney's top sale was a refurbished pre-Federation Killara house.
It sold for $5.26 million making it Sydney’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-nsw-killara-125805670" target="_blank">4 Stanhope Road</a>, the 1890 the property was last sold in 2013 for $3.722 million.
There were five bedrooms, three of them having their own ensuite, a study and 1000 bottle wine cellar.
The property was offered through McGrath agents Brent Courtney and Sarah Davis.
Domain calculated the Sydney house price weekend median was $1,405,000 and $859,000 for apartments.
It was $860,000 for Melbourne's median auction house price and $588,000 for apartments.
The last weekend of July saw another slight increase in preliminary auction clearance rate, according to CoreLogic.
The combined capital city preliminary clearance rate was recorded at 70.7 per cent this week, up slightly from last week, when the final clearance rate sat at 69.9 per cent.
Auction volumes were higher with 1,957 homes across the combined capital cities, up from 1,748 last week, and significantly higher than this time last year when 1,610 auctions were held.
There were 158 Brisbane homes taken to auction this week, with 116 results reported so far.
The Brisbane clearance rate was 53.4 per cent, up from 46.4 per cent last week and higher than one year ago, when 48.5 per cent of the 156 properties taken to auction were successful.
A four bedroom period Bowen Hills house sold for $1.475 million making it Brisbane’s most expensive weekend auction sale.
The <a href="https://www.realestate.com.au/property-house-qld-bowen+hills-125858954" target="_blank">31 Cintra Road</a> offering had been held by the same family for around nine decades - sold for the first time since it’s 1925 construction.
The property, with views to Mt Coot-tha, was offered through LJ Hooker agents Brett Greensill and Jermaine Jones.
Adelaide saw a preliminary clearance rate of 64.3 per cent, with 56 reported results across a total of 80 scheduled auctions.
In comparison, over the previous week Adelaide’s clearance rate was 66.7 per cent and 68.8 per cent one year ago.
There were 25 Perth auctions this week and so far 15 results have been reported, with 26.7 per cent selling.
Canberra’s preliminary auction clearance rate of 74.4 per cent across 47 auctions is higher than both last week, when the final auction clearance rate was 71.8 per cent, and last year (74.3 per cent).
A five bedroom Peter Byfield-designed Red Hill house sold for $2.9 million making it Canberra’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-house-act-red+hill-125867986" target="_blank">58 Endeavour Street</a>, (above) the two-storey residence was offered through Luton Properties agents Richard Luton and Sophie Luton.
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Melbourne's auction superiority emerges ahead of spring sales

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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