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Estate agent Craig Pontey from Ray White Double Bay said the marketing behind The Gordon development in Sydney's Paddington allowed him to sell 19 units in 19 minutes for a total of about $26 million.
He recalls it then led him to win the 2016 AREA New Home Marketing Campaign of the Year Award, the REA Group AREAs which are back in 2017.
The AREAs are an industry awards program that honour the most innovative, community-minded and highest-achieving individuals and businesses across property.
The AREAs awards program - currently taking this year's nominations - include Innovation, Community, Service and Marketing Excellence categories and encompass the entire property industry (residential, commercial, project developers) as well as those working in media.
<img src="https://www.urban.com.au/images/2017/06/22/Screen%20Shot%202017-06-22%20at%2010.53.29%20AM.png" alt="">
The Gordon Paddington (above)
In accepting his award, Pontey said they entered the awards to 'have a crack at it putting up with the big guys - CBRE and Colliers'.
"The awards gave us the opportunity to put in one of our projects that has gone very well amongst many and we thought we had a crack at it putting up with the big guys ,you know CBRE and Colliers, as the've been the guys that have done most of the project marketing over the years and we had a pretty good run over the east and we just thought we put it up and see how it went," he said.
"The project went really, really well we had great backing from our marketing team and obviously from REA and we received an enormous amount of enquiry and we were very fortunate on the day of the launch as we had a 150 people lined up in the street in Paddington and that was pretty incredible.
"It was just amazing and we lucky we sold 19 units in 19 minutes - about $26 million worth - so it was a real achievement.
"It was a fantastic night down at Melbourne and afterward it was quite incredible.
"I rang all the team and made them aware of it and as you know Gavin Rubenstein won on that night so we were pretty chuffed to win two awards.
"We were the only business that nominated and won two awards so it was a really fantastic evening.
"We’ve obviously got the trophy sitting in a private place at the front of our office when you walk in so you know its fantastic to be able to won that award.
"We put in all our submissions you know REA are a very big company its fantastic to be awarded something amongst our peers that everyone thinks is worthwhile its been great." 
For more information on the 2016 winners <a href="https://theareas.com.au/winners-tab/2016-winner-new/" target="_blank">click here</a>.
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j.ballantyne1990-6AQqhLzZaK

The Gordon Paddington marketing wins 2016 AREA award for Ray White Double Bay

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The value of investor loans rose in March, according to CoreLogic’s latest June report.
The property data firm says that however investments are at its lowest point since August 2016.
<a href="https://www.propertyobserver.com.au/images/2017/06/06/Screen%20Shot%202017-06-06%20at%201.28.57%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/2017/06/06/Screen%20Shot%202017-06-06%20at%201.28.57%20pm.jpg" alt="">
NSW has the highest percentage of investors committed with 46.5% as of March this year while Tasmania is the lowest with only 25.8 percent of investors committed.
Conversely the percentage of owner occupier new loans in Tasmania is higher than that of NSW with Tasmania having 56.8 percent while NSW only has 36 percent.
Owner occupier loans are currently valued at $14.1 billion compared to investor loans of $13 billion.
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Value of investor loans rises in March: CoreLogic

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Bulimba has the highest unit stock growth in Queensland, according to Investar’s latest June report.
The property investment firm says that Bulimba’s unit stock has grown by 162 percent.
This is followed by Yorkey’s Knob with 68 percent and Nelly Bay with 61 percent.
<table style="width: 453px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="95">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="83">
Current median price
</td>
<td valign="top" width="71">
Current sales stock
</td>
<td valign="top" width="71">
Sales stock 1 year ago
</td>
<td valign="top" width="71">
Sales stock growth
</td>
</tr>
<tr>
<td valign="top" width="95">
Bulimba
</td>
<td valign="top" width="64">
4171
</td>
<td valign="top" width="83">
$600,000
</td>
<td valign="top" width="71">
105
</td>
<td valign="top" width="71">
40
</td>
<td valign="top" width="71">
162%
</td>
</tr>
<tr>
<td valign="top" width="95">
Yorkey’s Knob
</td>
<td valign="top" width="64">
4878
</td>
<td valign="top" width="83">
$227,000
</td>
<td valign="top" width="71">
59
</td>
<td valign="top" width="71">
35
</td>
<td valign="top" width="71">
68%
</td>
</tr>
<tr>
<td valign="top" width="95">
Nelly Bay
</td>
<td valign="top" width="64">
4819
</td>
<td valign="top" width="83">
$298,000
</td>
<td valign="top" width="71">
50
</td>
<td valign="top" width="71">
31
</td>
<td valign="top" width="71">
61%
</td>
</tr>
<tr>
<td valign="top" width="95">
Morningside
</td>
<td valign="top" width="64">
4170
</td>
<td valign="top" width="83">
$449,000
</td>
<td valign="top" width="71">
71
</td>
<td valign="top" width="71">
47
</td>
<td valign="top" width="71">
51%
</td>
</tr>
<tr>
<td valign="top" width="95">
Yeronga
</td>
<td valign="top" width="64">
4104
</td>
<td valign="top" width="83">
$399,000
</td>
<td valign="top" width="71">
42
</td>
<td valign="top" width="71">
28
</td>
<td valign="top" width="71">
50%
</td>
</tr>
</tbody></table>
A two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-qld-bulimba-123512114" target="_blank">32/1 Oxford Street</a>, Bulimba (above) has been listed with a price guide of between $550,000 to $600,000.
It last sold in 2010 for $536,000 and again in 2004 for $450,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-qld-bulimba-125228014" target="_blank">17/12 Barrambul</a>, Bulimba (below) has been listed for $579,000.
<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/2017/06/13/17_12%20Barramul.jpg" alt="">
A two bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-bulimba-108227411" target="_blank">22/17 Ferry Lane</a>, Bulimba (below) was sold in February for $589,000.
<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/2017/06/13/22_17%20Ferry%20Lane.jpg" alt="">
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-bulimba-123940574" target="_blank">88/16 Hetherington Avenue</a>, Bulimba (below) was sold in January for $570,000.
<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/2017/06/13/88_16%20Hetherington%20Avenue.jpg" alt="">
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Bulimba unit stock rockets: Investar

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Home prices in Sydney and Melbourne will likely adjust after having been pushed to their peaks but they won’t resemble a ‘bursting of the bubble’, according to KPMG Economics. 
The report, titled Housing affordability: What is driving house prices in Sydney and Melbourne?, says the adjustment in prices is unlikely to be abrupt.
“Our analysis suggests that while short term factors have pushed median dwelling prices for Sydney and Melbourne above their long term equilibrium prices by about 14 percent and 8 percent respectively (as at the end of FY2016), this degree of disequilibrium has been experienced previously in these housing markets and they have managed to return to equilibrium without price movements resembling a ‘bursting of the bubble’,” it said.
Sydney's median home price are expected to decline, minus the effect of inflation, of up to 11 per cent as the cycle turned after 2019, but inflation effects would limit the nominal fall in price from $980,000 to $955,000 in 2021, says the report.
In Melbourne, the likely real decline of 4 per cent would mean a small decline in prices after inflation. The nominal median dwelling price is likely to plateau at $740,000 by June 2019, before peaking around $825,000 in 2021.
The report noted that the movement in Sydney house prices has been more volatile since the GFC, albeit without the same degree of volatility in the supply, demand or cost variables. 
“This data suggests that when the labour market and monetary policy are stable, investing in housing is more attractive as the underlying market risk is lower in these circumstances,” it said.
The report noted that the prospect of home ownership for “many seems to have become even more distant”. 
It said various commentators have blamed a range of factors that have ‘caused’ house prices to rise, including high net international migration, not enough social housing, limitations on the timing and release of new ‘greenfields’ development sites, and even the price of smashed avocado on toast for breakfast at a café. 
KPMG Economics says it found evidence of a long-run relationship between median dwelling prices and variables relating to the stock of dwellings, population and borrowing by residential property investors. It said each of these variables affect prices in different ways and different degrees.
It forecast that the Sydney housing market will experience a greater adjustment than will Melbourne, “but nonetheless this adjustment is unlikely to be abrupt or to significantly overshoot the long run equilibrium price on the downside”. 
In conclusion, it reiterated its solutions suggested in a previous report, Housing Affordability : What can be done about the Great Australian Dream, saying the steps include,
<ul>
<li>CGT reduction: reducing the capital gains tax discount from 50 percent to 25 percent, thereby making property investment marginally less attractive. </li>
<li>Aggregate property tax: abolish stamp duty on the transfer of residential property and conflate rates, land tax, insurance taxes and emergency service levies into a new Property Services Tax.</li>
<li>Systemic reforms aimed at maintaining the supply and diversity of land and housing in established and growth areas, through setting targets, streamlining planning and empowering public supply. </li>
<li>Targeted Reforms aimed at improving access to those groups who are the most excluded from affordable home ownership. This package would focus on more low cost housing, improved assistance to those who need it, and promoting shared equity.</li>
</ul>
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Sydney, Melbourne home prices will correct, but no bursting of bubble: KPMG Research

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John McGrath has raised the spectre that the NSW State Budget stamp duty cuts and grants for young buyers will "ultimately raise property prices due to higher competition."
But with Sydney and Melbourne at their peak pricing, McGrath suggests softening market conditions might balance out any price effect from greater first home buying activity.
'Especially if there are fewer investors in the market due to tighter lending restrictions," McGrath told his Switzer readers.
CoreLogic quoted recent ABS statistics showing that first home buyer activity in NSW hit a record low of 7.5 percent of new owner occupier mortgages last September and had increased only marginally since then to 8 percent in March this year.
"The long term average is 17 percent, so we’re a long way off that," McGrath said.
McGrath added he was concerned by the good initiative be funded largely by disincentivising investor activity and foreign ownership.
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John McGrath thinks NSW FHB incentives will assist in balancing property market

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Westpac has increased interest only rates for variable home loans for owner occupiers and investors.
Owner occupied interest only rate will increase by 34 basis points to 5.83 percent p.a.
Investor interest only rate will increase by 34 basis points to 6.30 percent p.a.
Westpac have also announced an eight basis points reduction in variable interest rates for customers paying principal and interest on their owner occupier home loans.
It takes the standard variable rate for these owner occupiers to 5.24 percent p.a.
These rate changes are all effective from 30 June 2017.
George Frazis, chief executive of Westpac Consumer Bank, said owner occupier customers who make principal and interest repayments as they will benefit from lower interest rates allowing them to pay off their loans faster.
“We hope the rate reduction will encourage owner occupier customers with interest only home loans to switch to principal and interest repayments, helping them to pay down their home loan in this low interest rate environment. There will be no switching fee. 
“We understand the significance of interest rate changes to our home loan customers, so we try to balance the needs of both owner occupiers and investors in making these decisions.
“APRA’s limit on new interest only lending is 30% of new residential mortgage lending, so we have to continue to make changes to our interest only rates and lending policies to meet this benchmark,” said Mr Frazis.
“Today’s decision is not in response to the Federal Government’s recently announced bank levy,” Mr Frazis told Broker News.
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Westpac encourages the switch as its lifts interest only home loan rates

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Geelong had the highest weekend regional auction clearance rate, according to CoreLogic’s latest report.
The property data firm says that out of the 26 auctions in Geelong 73.1 percent resulted in a successful outcome.
This was followed by Wollongong with 68.2 percent and the Sunshine Coast with 53.3 percent.
<a href="https://www.propertyobserver.com.au/images/2017/06/19/Screen%20Shot%202017-06-19%20at%2012.26.56%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/2017/06/19/Screen%20Shot%202017-06-19%20at%2012.26.56%20pm.jpg" alt="">
A five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-rippleside-125532398" target="_blank">4 Coots Court</a>, Rippleside (above) was sold over the weekend for $573,000.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-geelong-125554882" target="_blank">14A Western Beach Road</a>, Geelong (below) was sold for $1.76 million over the weekend.
<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/2017/06/19/14A%20Western%20Beach%20Road.jpg" alt="">
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Geelong takes highest regional weekend auction clearance rate: CoreLogic

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<div class="cq-article-content-paras section">
A four-bedroom home at 8 Ferrars Place, South Melbourne has been sold at auction for $4.1 million through Sam Painter and Greg Hocking at Greg Hocking Holdsworth. 
</div>
<div class="cq-article-content-media section"><img class="lazy620x0" src="https://www.afr.com/content/dam/images/g/w/t/s/2/n/image.imgtype.afrArticleInline.620x0.png/1497833141819.jpg" alt="An off-market sale in December of the four-bedroom house would have gone ahead at $3.8 million, but the buyer pulled out." width="620" data-src="https://www.afr.com/content/dam/images/g/w/t/s/2/n/image.imgtype.afrArticleInline.620x0.png/1497833141819.jpg"></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">It was listed as an off-market offering last December when a touted $3.8 million buyer pulled out.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The agents noted five months later, with exposure from a full-on marketing campaign, it got a markedly different result.</div>
<div class="cq-article-content-media section"><img class="lazy620x0" src="https://www.afr.com/content/dam/images/g/w/t/s/2/s/image.imgtype.afrArticleInline.620x0.png/1497833223451.jpg" alt="'The Melbourne market is in the sweet spot right about now': agent Greg Hocking says." width="620" data-src="https://www.afr.com/content/dam/images/g/w/t/s/2/s/image.imgtype.afrArticleInline.620x0.png/1497833223451.jpg"></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">"The Melbourne market is in the sweet spot right about now," agent Greg Hocking told The Australian Financial Review.</div>
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South Melbourne sells at $300,000 premium to late 2016 buyer interest

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The Killara home of one of Australia’s most famous children’s authors, Ethel Turner, has been sold.
The 1 Werona Avenue property sold “in the mid-$5 millions”.
Woodlands was formerly known as Inglewood.
It was where Turner wrote Seven Little Australians, earning the property its State Heritage listing.
The vendors Peter and Carol Himmelhoch had invested time in consulting with the State Heritage Register and Ku-ring-gai Council about upgrading the heritage property.
“There’s no ghost in it, everyone asks me that question,” she told the local paper.
<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/2017/06/20/1%20Werona%20Avenue-2.jpg" alt="">
The renovation project of the 2113-sqm property, built circa 1884, was undertaken over three years.
More than 500 sqm was added to the house, a swimming pool was installed and the tennis court was reinstated with a modern hard surface.
Woodlands will be the new home of an out-of-area family
Seven Little Australians has been in print continuously for more than a century, selling more than two million copies in English and has been translated into 11 languages.
In the book’s first year of publication, it earned Turner £5000.
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Killara home of Ethel Turner sold

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The wife of one of accountant Professor Richard Petty, Tatyana Klauzner has bought a Castle Cove trophy estate on the lower north shore for more than $13 million.
The one-hectare waterfront estate has topped the prior suburb record of $11.28 million a year earlier for the adjoining estate.
Neerim Park sold in April<a href="https://www.domain.com.au/news/northbridge-trophy-shelf-scores-an-alex-popov-masterpiece-on-offer-for-15-million-20170422-gvqdg0/"> </a>through Christie’s International’s Martin Ross and Darren Curtis was designed by architect Michael Robilliard. 
It is one of the largest privately held holdings on the lower north shore.
It was the late investment banker David Coe who commissioned the landmark residence in 1998-99.
It was sold to the Woodward family in 1999 for $5,378,000, setting a then suburb record.
Both Klauzner and Petty are Hong Kong based.
She is Asia’s head of corporate communications at Legg Mason Global Asset Management.
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Castle Cove trophy home Neerim Park sold

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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