<html><body>
A two level, mixed use commercial property in Oakleigh South has sold under the hammer for $641,000.
The property at 676 Warrigal Road includes approximately 187 square metres of building space and about 60 square metres of retail or office area.
Paul Rizzo of Ray White Commercial Oakleigh said the property had redevelopment potential and was sold to a local owner-occupier on behalf of a local investor.
“This rare standalone property with commercial 1 Zoning on a land area of approximately 259 square metres offers the opportunity to renovate, occupy, develop or invest,” he said.
“There were three main bidders and the successful purchaser happens to be local developer.”
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j.ballantyne1990-6AQqhLzZaK

Oakleigh South retail property sold for $641,000

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Paradise Point is the most expensive locality in Queensland to purchase a house, according to Investar’s latest report.
The property investment firm says that houses in Paradise Point has a median price of $2.55 million.
This is followed by Surfers Paradise with $2 million and Broadbeach Waters with $1,595,000.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
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="106">
Paradise Point
</td>
<td valign="top" width="64">
4216
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$2,550,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Surfers Paradise
</td>
<td valign="top" width="64">
4217
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$2,000,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Broadbeach Waters
</td>
<td valign="top" width="64">
4218
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$1,595,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Mermaid Beach
</td>
<td valign="top" width="64">
4218
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$1,560,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Clear Island Waters
</td>
<td valign="top" width="64">
4226
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$1,490,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Sunshine Beach
</td>
<td valign="top" width="64">
4567
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$1,462,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Benowa
</td>
<td valign="top" width="64">
4217
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$1,400,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Hope Island
</td>
<td valign="top" width="64">
4212
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$1,399,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Bulimba
</td>
<td valign="top" width="64">
4171
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$1,362,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Runaway Bay
</td>
<td valign="top" width="64">
4216
</td>
<td valign="top" width="70">
5
</td>
<td valign="top" width="122">
$1,300,000
</td>
</tr>
</tbody></table>
 
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Paradise Point the most expensive Queensland locality to purchase a house: Investar

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Monark Property Partners have partnered with Kincaid Projects to launch a 35 apartment residential development in Melbourne's Ivanhoe titled Iva.
Ivanhoe in a joint venture with Kincaid Projects announcing the launch of Iva, a 35 apartment development with a gross valuation realisation of $32 million.
Michael Kark, executive director, Monark Property Partners said the Ivanhoe downsizers market is an untapped demographic for many developers.
“With strong infrastructure in the area including ample transport links, major hospitals, schools and shopping centres, the suburb is a downsizing dream for the over 60s market,” he said.
Iva will feature one, two, three and four bedroom apartments with an average floor size of 96 square metres and have high-end marble finishes, carpentry flooring and wine fridges.
Kincaid Projects have created the interiors in conjunction with notable Melbourne designer Wendy Bergam of Melbourne’s Bergam &amp; Co.
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Apartment development slated for Melbourne's Ivanhoe

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A freehold residential redevelopment site in Surfers Paradise is up for auction through Ray White Commercial GC South.
The site, approximately 405 sqm site at 17 Monte Carlo Avenue, is the last residential redevelopment site in Monte Carlo Ave.
Greg Watson from Ray White Commercial GC South said there is currently a shortage of sale stock and an increase in buyer interest on the Gold Coast ahead of the city hosting the 2018 Commonwealth Games.
“Residential vacant parcels such as the Monte Carlo Ave property are now very scarce in the area and buyers compete for these listings,” he said.
“The strongest market segment performers have been detached dwellings, prestige and vacant land."
The site is currently providing holding income from a fully tenanted three-bedroom duplex pair.
The property will be auctioned from 6pm (AEST) on Wednesday, June 7, 2017, in-rooms at the Currumbin RSL Club, 165 Duringan Street, Currumbin.
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Surfers Paradise residential redevelopment site listed

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On average, Melbourne apartments increased in price by $260 per square metre, or three percent over the past year, according to Secret Agent’s latest bulletin.
The buyer's agency said that one bedroom apartments have remained about the same in nominal terms (which means they have fallen in value in real terms) and are now the cheapest apartments at $8,650 per square metre.
All other apartments increased in price, with four bedroom apartments now averaging $11,450 per square metre.
"Not many of these properties get sold each quarter, so prices tend to fluctuate a bit," the report said. 
Three bedroom apartments increased by about $1,000 to $9,400 per square metre in the first three months of 2017.
Two bedroom apartments are also up slightly ($8,900 per square metre), while studios were more expensive than one and two bedroom apartments over the past three months ($9,200 per square metre).
East Melbourne was the most expensive area for apartments so far in 2017 ($11,850 per square metre), selling for more on average than Fitzroy ($11,600 per square metre) and Middle Park ($11,450 per square metre), which was at the top of the table over the first three months of 2016,” the bulletin advised.
Inner West suburbs, including Travancore, Kensington and Flemington continue to be the most affordable regions, with average apartments in these suburbs costing buyers between $6,000 and $7,800 per square metre.
Average prices per square metre of indoor space increased the most in the inner North, with the suburbs Brunswick, Fitzroy, Carlton North and North Melbourne all increasing by over 10 percent since Q1 2016.
The only suburbs analysed which saw average prices decrease were Fitzroy North (11 percent), Carlton (5.5 percent) and Brunswick East (3 percent).
“As the year continues and many more apartment projects are completed in inner Melbourne, we expect apartment prices to continue flatlining or even decreasing," the report said.
"However, larger apartments are still a rarity, as shown by our recent reports on supply and apartment standards.
"This makes it likely that three and four bedroom apartments will remain the most expensive both in terms of average prices and on a square metre basis."
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Melbourne apartment prices increase 3 percent year on year: Secret Agent

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Salisbury is the cheapest South Australia locality to purchase a unit, according to a recent Investar report.
The property investment says that a two bedroom unit in the northern Adelaide suburb has a median price of $150,000.
This is followed by Murray Bridge with $152,000 and Mount Gambier with $169,000.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="97">
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="97">
Salisbury
</td>
<td valign="top" width="64">
5108
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$150,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Murray Bridge
</td>
<td valign="top" width="64">
5253
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$152,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Mount Gambier
</td>
<td valign="top" width="64">
5290
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$169,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Millicent
</td>
<td valign="top" width="64">
5280
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$199,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Port Lincoln
</td>
<td valign="top" width="64">
5606
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="122">
$213,000
</td>
</tr>
</tbody></table>
A two bedroom unit at <a href="https://www.realestate.com.au/property-unit-sa-salisbury-123500026" target="_blank">8/24 Ponton Street</a>, Salisbury (above) has been listed for $150,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-sa-salisbury-121717790" target="_blank">7/32 Salisbury Highway</a>, Salisbury (below) was sold March last year for $151,000.
<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/2017/04/12/7_32%20Salisbury%20Highway.jpg" alt="">
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Salisbury the cheapest South Australia locality to purchase a unit: Investar

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An award-winning, five bedroom house in Amaroo, Canberra has been sold at auction for $1.4 million, breaking the suburb price record.
The contemporary home at <a href="https://www.realestate.com.au/property-house-act-amaroo-125268322" target="_blank">76 Diamond Street</a> is positioned on a waterfront position in the exclusive pocket of Amaroo. 
The previous record for the area was set in 2014, when the same house sold for $1,155,000. Median house price for the area is $627,000.
Spread over 321 sqm, it offers water views stretching across an infinity pool to Yerrabi Pond, Brindabella Ranges and Black Mountain Tower. 
A foyer opens to reveal two levels of separately zoned living spaces, all featuring an extensive use of glass and high ceilings and with open-plan spaces.
The main level features a fully appointed kitchen and a home theatre equipped with a projector, screen and an in-built speaker system. There is a fifth bedroom or home office, bathroom, laundry, powder room and a large double garage.
The upper level accommodates four bedrooms, a rumpus area, and a master suite with a balcony, walk-in-robe, custom bar, deluxe ensuite, and a full bathroom.
Outdoors is surrounded by established gardens, and includes a covered alfresco dining, infinity pool and a pond. The pool area also contains an outside shower with hot and cold water.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-act-amaroo-124453354" target="_blank">12 Annan Close</a> (below) sold for $623,000 in May 2017.
<img src="https://www.urban.com.au/images/2017/05/24/Screen%20Shot%202017-05-24%20at%209.11.00%20AM.png" alt="">
A three bedroom townhouse at <a href="https://www.realestate.com.au/sold/property-townhouse-act-amaroo-124892070" target="_blank">5/128 Katherine Avenue</a> (below) sold for $525,000 in March 2017.
<img src="https://www.urban.com.au/images/2017/05/24/Screen%20Shot%202017-05-24%20at%209.12.14%20AM.png" alt="">
The property was offered through Maria Selleck Properties agent Maria Selleck.
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Award-winning house breaks suburb price record in Amaroo

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Roselands has the highest decline of unit stock in New South Wales, according to Investar’s latest report.
The property investment firm says that the number of Roseland units has plunged by 59 percent from 49 to just the 20 for sale.
This is followed by Nambucca Heads with 51 percent and West Ryde with 47 percent.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="104">
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 yr ago
</td>
<td valign="top" width="57">
Decline
</td>
</tr>
<tr>
<td valign="top" width="104">
Roselands
</td>
<td valign="top" width="64">
2196
</td>
<td valign="top" width="83">
$489,000
</td>
<td valign="top" width="71">
20
</td>
<td valign="top" width="71">
49
</td>
<td valign="top" width="57">
59%
</td>
</tr>
<tr>
<td valign="top" width="104">
Nambucca Heads
</td>
<td valign="top" width="64">
2448
</td>
<td valign="top" width="83">
$415,000
</td>
<td valign="top" width="71">
21
</td>
<td valign="top" width="71">
43
</td>
<td valign="top" width="57">
51%
</td>
</tr>
<tr>
<td valign="top" width="104">
West Ryde
</td>
<td valign="top" width="64">
2114
</td>
<td valign="top" width="83">
$625,000
</td>
<td valign="top" width="71">
18
</td>
<td valign="top" width="71">
34
</td>
<td valign="top" width="57">
47%
</td>
</tr>
<tr>
<td valign="top" width="104">
Batehaven
</td>
<td valign="top" width="64">
2536
</td>
<td valign="top" width="83">
$315,000
</td>
<td valign="top" width="71">
22
</td>
<td valign="top" width="71">
39
</td>
<td valign="top" width="57">
43%
</td>
</tr>
<tr>
<td valign="top" width="104">
Forster
</td>
<td valign="top" width="64">
2428
</td>
<td valign="top" width="83">
$380,000
</td>
<td valign="top" width="71">
59
</td>
<td valign="top" width="71">
102
</td>
<td valign="top" width="57">
42%
</td>
</tr>
</tbody></table>
A two bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-roselands-125037114" target="_blank">19/17-19 Phillip Street</a>, Roselands (above) has been listed for $515,000.
Similarly a  two bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-roselands-124843090" target="_blank">Unit 6/818-826 Canterbury Road</a>, Roselands (below) has been listed for $450,000.
<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/2017/04/19/Unit%206_818-826%20Canterbury%20Road.jpg" alt="">
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Roselands unit stock drop in volume by 59 percent: Investar

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In Adelaide, 7.1 percent of houses and 10.5 percent of units resold over the December 2016 quarter transacted below their previous purchase price, according to CoreLogic's recent Pain and Gain report.
The property data firm says that the proportion of loss-making resales trended lower over the quarter for units.
<a href="https://www.propertyobserver.com.au/images/2017/04/21/Screen%20Shot%202017-04-21%20at%2010.24.28%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/21/Screen%20Shot%202017-04-21%20at%2010.24.28%20am.jpg" alt="">
The council areas with the highest proportion of loss-making resales over the quarter were: Mallala (100 percent only 1 sale), Playford (18.3 percent) and Gawler (12.7 percent).
The Prospect and Walkerville council regions each had no resales at a loss over the quarter.
<a href="https://www.propertyobserver.com.au/images/2017/04/21/Screen%20Shot%202017-04-21%20at%2010.24.50%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/21/Screen%20Shot%202017-04-21%20at%2010.24.50%20am.jpg" alt="">
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Playford and Gawler lead Adelaide's loss-making suburbs: CoreLogic

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A double-fronted High Street, Prahran retail property has sold for $2.83 million under the hammer.
The 278 square metre Commercial 1-zoned property with a building area of 200 square metres, was sold subject to a four plus five year lease to restauraunt The Seasonal Kitchen from February 2015.
The property comprises two shops and the final sale price reflected a 3 percent yield.
Fitzroys agents Chris Kombi and Michael Ryan said the auction featured competition between five bidders.
Ryan said the property’s development and subdivision potential was key to buyer interest.
“Prahran’s vibrancy and popularity as a lifestyle location has spurred an increase in the level of high and medium density housing, which has had a hugely beneficial impact on its retail and hospitality precinct,” he said.
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Double-fronted High Street, Prahran site sells under the hammer

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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