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Developers who take the time to research their local market and deliver suburban apartment projects that reflect local culture and values in terms of architecture and landscaping are being rewarded, according to Savills director Julian Heatherich.
"We have seen a shift in the apartment product offering to owner-occupiers and particularly to potential owner-occupiers currently residing within immediate proximity of such developments," he said.
"Downsizers, perhaps baby boomers and the like, have embraced, indeed demanded this shift of focus from developers and it is paying dividends.
"As the market matures in this way we are seeing larger apartments, better design, more sympathetic local landscaping and streetscaping and ultimately a more successful product.’’
Heatherich said developments in suburbs like Camberwell may also benefit from the federal government’s $300,000 superannuation incentive.
He, with Jesse Radisich and Benson Zhou, is currently marketing a circa $8 million, prime corner landholding in Camberwell’s Anderson Hill precinct with a permit for 29 luxury apartments.
The incentive, announced in the May Budget, is designed to encourage retirees to downsize by allowing a non-concessional contribution of up to $300,000 into their superannuation from the proceeds of the sale of their home.
Radisich said the 553-555 Burke Road (corner Mowbray St) property was arguably the best permit approved site to be offered to the market this year.
"We expect extremely strong interest, as the project has been designed with large, high quality apartments targeted at owner-occupiers/downsizers, and this is really where the market is strongest at the moment," he said.
"The fact that the proposed project also includes prime retail fronting Burke Road within the Anderson Hill residential precinct will further enhance its prospects.
"Retail components – cafes, eateries and the like - are another relatively recent addition to apartment developments that have been embraced and welcomed by prospective purchasers."
Zhou said purchasers would have access to a level of amenity that is only available in the some suburbs - exclusive schools, a fashionable retail precinct, a prized village atmosphere, excellent public transport, and close proximity to the CBD.
"This sort of amenity is another important driver of suburban apartment projects and why sites such as this are so popular with developers,’’ Zhou said.
The 1427 square metre Burke Road property will be sold by expressions of interest closing Wednesday, July 12.
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j.ballantyne1990-6AQqhLzZaK

Locals shape apartment projects as boomers downsize: Savills

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Fashion stylist Jane Jasper has upgraded homes in Woollahra.
Having sold her renovated, freestanding home for $2.25 million (pictured above), the former Lands End Boutique owner has settled on a $3,532,000 home at the tip of the suburb.
Jasper paid $1.3 million for her old two bedroom, two bathroom home in 2012 which sold after having a buyers' guide of $2.1 million with BresicWhitney agents Catherine Dixon and Shannan Whitney.
Her new purchase is a Burley Katon Halliday designed contemporary home with three bedrooms, a separate study and a swimming pool.
She bought it from restaurateur Basil Daniell and Cherie Bolitho who owned the one-time hatted Darlinghurst restaurant Oh! Calcutta!
Bradfieldcleary Double Bay agent Georgia Cleary sold the home.
Jasper studied at the prestigious London College of Fashion before returning to work at Australian Vogue.
She owned and operated culy boutique Lands End for six years, representing international top-end brands such as Céline, Proenza Schouler and Balmain.
Jasper has been regularly featured in Harper's Bazaar and Vogue and was named one of the best dressed women in Australia by the Sydney Morning Herald.
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Fashion stylist Jane Jasper upgrades in Woollahra

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A selection of New York-inspired “sky loft” apartments have been released to the market within the $100 million Kodo development in the Adelaide CBD.
Australian building company Watpac commenced construction of Kodo earlier this year and anticipates completing works by the end of next year.
Believed to be the highest loft-style apartments in the city, the nine new sky lofts will be situated in the tower of the 30-storey development.
The highest sky loft will be on level 27.
All of the double-storey sky lofts feature two bedrooms, two bathrooms and two balconies providing uninterrupted views to the Adelaide Hills.
They also each include a separate laundry, powder room, extensive storage and modern kitchen with Miele appliances.
Steve Wise, CEO of developer Flagship Property Holdings, said Kodo has developed the sky loft apartments with world-class architect Woods Bagot in direct response to market demand.
“We had a terrific response to our loft apartments on the podium (situated on level four of Kodo at the base of the main tower), which are now all sold but continue to be an attractive floorplan for potential purchasers looking for something larger and unique,” he said.
“Woods Bagot’s design of the building has allowed us to replicate this experience higher up the tower as sky lofts.
“Lofts are especially popular in cities like New York but they’re a rare find in Adelaide, so we’re anticipating these apartments will generate plenty of interest, particularly among people looking to downsize and move into the city.
“Characterised by their open plan and access to natural light, these new sky lofts also offer exceptional views of the beautiful Adelaide Hills, which will no doubt be a key selling point for buyers too.”
<img src="https://www.urban.com.au/images/2017/06/09/Kodo%20-%20Peter%20Miglis%20from%20Woods%20Bagot.png" alt="">
Wise said prices for the new sky lofts start from $760,000.
Located on Angas Street near Victoria Square, Kodo includes a four-level podium from ground level which will incorporate car parking, bicycle parks and residential apartments.
On the top floor of the podium, an exclusive resident sky garden will be established, with landscaped entertaining and recreation areas, as well as surrounding apartments with mezzanine floors and generous private terraces.
Additional one, two and three bedroom apartments will then rise up another 26 levels, featuring sweeping views towards the Adelaide Hills and coastline.
The Kodo sales suite at 33 Angas Street in the city, directly adjacent the construction site, is open from Tuesday to Saturday between 11am and 3pm.
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Kodo releases Adelaide’s highest loft apartments

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Teachers Mutual Bank is increasing home loan variable and fixed interest rates by 0.10% per annum, effective immediately for new business.
The changes are in response to higher cost of funds, and regulatory requirements on the mix of home loans, Teachers Mutual Bank CEO Steve James said.
He said this small change was a necessary measure in the current low interest rate/higher cost of funds environment.
“As a mutual bank, our commitment to the long term stability and growth of the bank for our members drives every decision we make,” he said.
“While we have had to make a small interest rate increase, this is balanced by a range of benefits we offer. 
"Our home loan fees remain lower than those of the major banks; and we offer fee-free redraw, no monthly fees, no fees for additional repayments, and no fees for paying a loan out early on variable rate products.”
“Our offset facility is available across the majority of our home loan products, something that is quite rare in the market.”
The home loan variable and fixed interest rate change will be implemented across Teachers Mutual Bank’s three brands: Teachers Mutual Bank, UniBank, and Firefighters Mutual Bank.
The rate change will be effective from 1 July 2017 for exisiting customers.
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Teachers Mutual Bank to increase home loan rates

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Just under half of Aussies polled for a recent survey (48 percent) believe the property dream is still alive and well according to the CommBank Connected Future Report.
The report, based on the response of more than one million people, asked Australians about how they perceive their future, the property market, adapting to a changing workforce, and life for younger generations.
Just over half of the respondents (52 percent) said the Australian dream is being redefined.
Demographer and futurist Claire Madden authored the CommBank Connected Future Report.
She said a remarkable insight from the CommBank ATM data overall is the resilience and tenacity Aussies have in the face of economic uncertainty.
“As a lead example, while the Australian property dream looks markedly different in 2017, the majority of Australians either fully own or are paying off their home," she said.
“This has remained constant over the past five decades, so despite uncertainty, the Australian dream has clearly lived through time.
"The research shows while Millennials (Gen Y) are delaying traditional life markers like getting married or having a child, the average age of a first homebuyer has remained relatively constant over the last two decades, sitting at around 32 years of age.
<a href="https://www.propertyobserver.com.au/images/2017/06/14/Screen%20Shot%202017-06-14%20at%2011.09.10%20AM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/14/Screen%20Shot%202017-06-14%20at%2011.09.10%20AM.png" alt="">
 
"The Australian ‘dream home’ is no longer a weatherboard standalone house. It is an architecturally designed product, as the quality of dwellings has risen over time.
"Whilst 74 per cent of those living in cities and 81 per cent of those outside capital cities currently live in a stand alone house, 48 per cent of new residential approvals over the past year have been for medium or high density housing.
"CommBank data reveals 68 percent of first home buyers purchased a house in the last year, 16 percent desire to build their architectural dream home after purchasing vacant land, and 15 percent purchased an apartment or townhouse.
<a href="https://www.propertyobserver.com.au/images/2017/06/14/Screen%20Shot%202017-06-14%20at%201.22.26%20PM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/14/Screen%20Shot%202017-06-14%20at%201.22.26%20PM.png" alt="">
"The data relating to the Australian property dream reveals that the state you live in impacts your state of optimism.
"The least optimistic were people residing in New South Wales (53 percent) and Victoria (54 percent), and this was significantly high with younger generations (57 percent in both states).
"Those in Queensland (51 percent), South Australia (53 percent), Western Australia (54 percent) and the Northern Territory (57 percent) believe the dream is more attainable.
"Gen Y have prioritised global travel, lifestyle experiences, stayed longer in formal education and attained the name KIPPERS (Kids in Parents’ Pockets Eroding Retirement Savings) for staying in the family home longer.
<a href="https://www.propertyobserver.com.au/images/2017/06/14/Screen%20Shot%202017-06-14%20at%201.24.11%20PM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/14/Screen%20Shot%202017-06-14%20at%201.24.11%20PM.png" alt="">
"Yet now they are in their prime career building and family forming years, they, like their predecessors, are finding a way to overcome the obstacles, respond to new realities, and see the (re)defined dream come alive.
"Even though the dream has taken a different form, the data reveals property ownership remains high on the aspirational list (average home buying age remains consistent at 32).
"With almost 3 in 10 Australians (29 percent) born overseas, and a quarter (27 percent) of the population’s labour force born overseas, immigration has significantly contributed to Australia’s workforce and economy.
"In the midst of this diversity, CommBank data reveals that almost half of Aussies (49 percent) believe that our society truly embraces everyone."
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Survey reveals under half of people believe that the property dream is still alive

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Ouyen is the cheapest locality in Victoria to purchase a house, according to Investar’s latest report.
The property investment firm says that the median price of a house in Ouyen is $120,000.
This is followed by Warracknabeal with $134,000 and Morwell with $135,000.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="93">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="70">
Bedrooms
</td>
<td valign="top" width="122">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="93">
Ouyen
</td>
<td valign="top" width="64">
3490
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$120,000
</td>
</tr>
<tr>
<td valign="top" width="93">
Warracknabeal
</td>
<td valign="top" width="64">
3393
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$134,000
</td>
</tr>
<tr>
<td valign="top" width="93">
Morwell
</td>
<td valign="top" width="64">
3840
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$135,000
</td>
</tr>
<tr>
<td valign="top" width="93">
Moe
</td>
<td valign="top" width="64">
3825
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$145,000
</td>
</tr>
<tr>
<td valign="top" width="93">
Nhill
</td>
<td valign="top" width="64">
3418
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$149,000
</td>
</tr>
</tbody></table>
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-ouyen-125400034" target="_blank">31 Farrell Street</a>, Ouyen (above) has been listed for $115,000.
It last sold in 2013 for $70,000 and again in 2003 for $65,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-ouyen-124818234" target="_blank">13 Gregory Street</a>, Ouyen (below) has been listed for between $90,000 to $95,000.
It last sold in 2003 for $80,000.
<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/2017/06/07/13%20Gregory%20Street.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-ouyen-124395122" target="_blank">25 Gregory Street</a>, Ouyen (below) was sold in May for $120,000.
It last sold in 2001 for $25,000.
<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/2017/06/07/25%20Gregory%20Street.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-ouyen-123516570" target="_blank">23 Farrell Street</a>, Ouyen (below) was sold in February for $85,000.
It last sold in 1986 for $27,200.
<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/2017/06/07/23%20Farrell%20Street.jpg" alt="">
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Ouyen house median price sit at $120,000: Investar

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A new Canberra park has snagged a national design award for greening up one of the territory’s newest urban spaces.
Hassett Park in the burgeoning Campbell 5 precinct was recognised with the 202020 Vision Green Design Award at the Good Design Awards in Sydney on Thursday night.
The award celebrates green and living infrastructure in urban environments.
Hassett Park, designed by Jane Irwin Landscape Architecture and Hill Thalis Architecture and Urban Projects, incorporates water sensitive urban design, bike paths, play spaces and native trees.
The park sits within Campbell 5 precinct off Constitution Avenue.
Kate Hulm, head of marketing, public relations and research for JWLand – the developer behind Campbell 5 – said Hassett Park was a key selling point, with many apartments overlooking the space.
“There is a strong sense of community pride among Campbell residents and Hassett Park has really added to that,” she said.
“The intelligent design of the park provides great natural amenity for Campbell residents and is a popular spot for group fitness classes, dog walking and outdoor play.”
The award-winning park is among a number of green features throughout Campbell 5’s design including vertical gardens, rooftop gardens and trees.
The growing precinct encompasses a number of residential projects including Koben, Greenwich Grand, Saint Germain and Greenwich Park.
Judging criteria for the green design award included a project’s contribution to green space, the prioritisation of vegetation at the development stage, human connection with nature, air purification, water sensitive design and improvements to green infrastructure.
Hassett Park was named after the first chief of defence force staff, General Sir Francis Hassett.
It hosted the Campbell 5 Community Festival in May to raise funds for Soldier on Australia
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Park at Campbell 5 wins green gong at national Good Design Awards

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<div>
SumoSalad’s boss has put two of the 20 companies in his group into voluntary administration, escalating the tension between the fast food chain and Westfield about leasing charges.
After attempts over six months to negotiate cuts in leasing charges, SumoSalad CEO and co-founder Luke Baylis put two companies, Sumo Westfield Leasing Pty Ltd and Sumo Leasing Pty Ltd, into voluntary administration to force several Westfield centres to the negotiating table, according to Chanticleer in The Australian Financial Review.
These companies hold the leases over about 12 SumoSalad outlets in Westfield shopping centres managed by the Scentre Group. SumoSalad has a total of 104 stores and Baylis says the dispute will not affect their trading, Chanticleer reported.
The dispute started after the shopping centres decided to dramatically expand the number of food outlets within shopping centres, according to Baylis.
Over the past three years foot traffic in shopping centres has only risen about six per cent but the number of food outlets has tripled or quadrupled, hitting SumoSalad’s profitability, Baylis added.
"Sumo has been working with landlords over the past few months to negotiate more realistic food court leases for our stores, with no success," Baylis said in a statement. 
"Regrettably, landlords have opened the door to more and more food businesses in recent times, as well as opening whole new eating areas within the same precinct, which has essentially cannibalised existing tenants.
"One shopping centre went from 34 food outlets to 93 in a three-year period with flat foot traffic growth.”
Putting stores into voluntary administration will allow SumoSalad's franchisees to exit without paying out the remainder of the lease, if Scentre does not cut the rent.
</div>
<div>He said talks with landlords have failed, with landlords demanding that Sumo and its franchisees collectively pay millions of dollars to surrender the existing shopping centre leases.</div>
<div>
"This is an untenable and unfair demand on small business owners, which would send our franchisees in those shopping centres broke,” he said.
"Placing the leasing entities into voluntary administration is the only way to protect our franchisees, and we are confident this will help us restructure our leasing entities in a manner that will create more favourable conditions for our franchisees."
One of the leases affected by the decision is in the Westfield at Chatswood. 
A spokeswoman for Scentre Group said the “Scentre Group works closely with its retail partners in an effort to resolve trading issues.”
Baylis said the addition of eating outlets over the past couple of years had hit SumoSalad outlet in the centre. He says the lease payments should be cut by 30 per cent.
Earlier this year, Scentre Group chief executive Peter Allen said his company was closely monitoring the rash of new voluntary administrations among retailers. 
Scentre has avoided exposure to specialty fashion chains because of poor consumer demand.
Another shopping centre owner to face problems because of companies going into voluntary administration is GPT.
The collapse of the Top Shop specialty fashion chain has impacted all the leading shopping centre owners.
Baylis said the SumoSalad is opening franchise outlets in hospitals, airports, service stations and universities.
The company has recently entered a partnership with Caltex called Foodiary in Condord in Sydney's west.
Baylis said SumoSalad had been considering its strategic shift away from shopping centre food courts for some time but it had only become a reality following the trialling of pilot sites.
</div>
<div>
 
</div>
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SumoSalad in rent dispute with landlord Westfield 

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A rural steel frame house at McMinns Lagoon has been listed for sale.
Located at <a href="https://www.realestate.com.au/property-house-nt-mcminns+lagoon-125301138" target="_blank">150 Shewring Road</a>, the 12-month old, two hectare property is set in a quiet and private cul-de-sac.
The property was built in 2010 and the block of land was last sold in 2002 for $116,000.
The floor plan separates the master wing from the other bedrooms via the main living area.
The master chef’s kitchen features two ovens, two dishwashers, double door fridge, stone tops and butlers’ pantry.
It also leads to the outside alfresco dining area.
Master bedroom overlooks the vast grounds and has its own ensuite, walk-in robe and verandah.
<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/2017/06/05/150%20Shewring%20Road-2.jpg" alt="">
There are four additional bedrooms and a study, with its own server room, with the end bedroom having its own verandah.
The outside has a large undercover dining area that overlooks the in-ground fenced pool with an alternate BBQ area complete with gazebo on the other side.
A 450 sqm shed with full length steel awning and seven roller doors is also included and also has two bedroom self-contained unit/office.
There is also another fully self-contained and separate granny flat with large verandah and side carport.
Another feature are eight garages for eight cars.
The property is offered through LJ Hooker agent Morgan Shearer.
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Rural eight bedroom McMinns Lagoon house listed

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A five bedroom Yeronga house has been sold for $1.81 million making it the most expensive Brisbane sale on a recent weekend.
Located at <a href="https://www.realestate.com.au/property-house-qld-yeronga-125417522" target="_blank">40 Oriel Road</a>, the home sits on a 639 sqm property.
Built in 2016, the block of land was last sold in 2005 for $395,000.
It has views of Mount Coo-tha and the city along with dual street frontages.
Featuring terrace for entertaining guests that leads to the landscaped gardens and alfresco entertaining area.
All bedrooms have their own bathrooms or ensuites while the master bedroom has its own showers.
<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/2017/06/04/40%20Oriel%20Road-2.jpg" alt="">
Stone kitchen features prime integrated appliances and there is a family rumpus room that has its own kitchenette and balcony.
Other features includes four vehicles garage and workshop.
Close proximity to shops, transport and amenities.
The property was offered through McGrath Annerley Yeronga agents Kristy Noble and Kate Wilson.
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Five bedroom Yeronga house sold for $1.81 million

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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