<html><body>
UNSW researchers have released a free app designed to give people with disabilities and older Australians the product information they need to modify their homes and stay in them for longer.
Known as DIYmodify, it will help consumers make decisions around purchasing five common home modifications including grab rails and handheld showers.
“Overwhelmingly, people want to stay in their own homes rather than go into care,” remarked UNSW associate professor Catherine Bridge, director of the HMinfo Clearinghouse.
“Our aim is to keep people better informed, safer and able to stay in their homes for longer,” she said.
UNSW research shows more than 15,000 DIY home modifications are undertaken by people with disability and older Australians each year in NSW alone.
The HMinfo Clearinghouse analysed consumer sales data from the largest national hardware chain by monitoring the sale of five products: grab rails; handrails, hand-held showers, shower infills and small ramps.
“When people complete their own home modifications, they can choose the products they want and have control over the process – the DIYmodify app is designed to assist them with this and shows that grab rails and ramps can be installed in a way that won’t make their home look like a hospital.”
The app was co-designed with input from people with disability and seniors to ensure the highest level of accessibility for people with cognitive, vision and physical impairment, as well as non-English speakers.
“We’re giving people information at the time they need it, presented in a way that is understandable to them. For example, many people don’t know that they can add a ramp to their shower, to raise its level and it will only cost them $100 rather than $2000,” Bridge said.
DIYmodify will be launched on 19 May by the NSW Minister for Disability Services, Ray Williams. It is available for both iPhone/iPad and Android devices. 
</body></html>

j.ballantyne1990-6AQqhLzZaK

New app to help people with disabilities choose home modifications

<html><body>
<div>
Shadow banks are charging interest-only investors nearly 60 basis points less for standard variable loans than the big bank competitors.
The big savings for property buyers explains their growing popularity, analysts have suggested.
Shadow bankers are however bracing for growth speed limits and pressures to constrain interest-only lending as faced by their major peers. 
John Khall, chief executive and founder of Pacific Mortgage Group, said it has not happened yet "but we expect some changes."
Their acceptance been facilitated by their prominence on online best-price comparator websites.
Moves by prudential regulators to increase regulation of the big banks has assisted in the shift to shadow banking finance. 
The shadow banks are non-authorised deposit taking institutions known as non-bank lenders.
Data suggests almost half their loan portfolios are interest-only borrowers, well above new regulatory standards intended to slow speculative lending. 
The big banks now need to keep interest-only loans to a 30 percent limit with their overall loan book. 
Shadow banks typically use securitisations to raise funding.
The are able to use low-cost distribution and lower regulatory capital requirements to out-price rivals.
Shadow banks on average out-price the majors on standard variable residential principal and interest by 60 basis points, standard variable investment principal and interest by 64 basis points, standard variable residential interest-only by 43 basis points and standard variable investment interest-only by 57 basis points.
The analysis published in Fairfax Media by Canstar, which monitors financial service products, is based on a $1 million loan with a loan-to-value ratio of 80 percent.
Using the ‘other financial intermediaries’ (OFIs) measure, the RBA said some time back that Australia's shadow banking sector is small relative to the global average, although they have surged after the APRA restrictions on investor lending. The RBA said earlier this year that it is watching the sector.
</div>
<div> </div>
<div>
 
</div>
</body></html>

Interest only buyers seeking shadow banks to outprice the majors

<html><body>
The Lismore region has seen an increase in sale prices over the past six month, according to a recent Herron Todd White (HTW) report.
The property valuation firm says that there is a lack of good quality stock with high demand.
Agents are reporting well-presented houses being sold within days, sometimes hours, of hitting the market.
The top end of the market ($450,000 plus) is considered hot.
“We are seeing evidence of increases of up to 15% on houses that have resold within 12 months,” the report stated.
“Four-bedroom, two-bathroom brick and tile houses built after 2010 are proving to be very popular.”
The majority of purchasers are families looking to upsize or get into a home of their own.
The other popular dwelling is the classic, older 1900 to 1940s renovated property, however the renovation needs to be modern and opulent while staying true to the original design.
This is a hard combination to pull off, but when done right the market will pay handsomely, HTW advises.
The report said there were two sales last year in Girards Hill that managed to get the right mix of modern and classic and were sold for $740,000 and $750,000, while traditionally this area achieves $300,000 to $375,000.
The level of demand and lack of available stock is pushing prices up with premiums being paid to secure a property.
This is not considered sustainable over the long term.
“We caution that if there were to be an increase in stock or changes in the economic climate, the higher end of the market would be impacted more dramatically than the lower end,” the report warned.
With the pressure on the higher end of the market we are seeing good demand for lower end (sub $300,000), fixer upper, older style properties with good bones that can be readily updated to be flipped or kept as a first home.
This is proving popular with the younger demographic as an affordable way to enter the market.
Since the beginning of 2017, both Casino and Kyogle enjoyed an improving trend of potential buyer enquiries.
The type of buyer comprises a mixture of first home buyers, investors and existing home owners.
However what is interesting to note is that there has been an increase in non local interest, i.e. people moving into the area where it has been mentioned that the local area (Kyogle and Richmond Valley Council area) is considerably more affordable than other areas within the Northern Rivers.
Predominantly, the properties of interest within Casino and Kyogle are houses in the $200,000 to $300,000 price bracket and modern, well presented, rural residential estate properties on a typical one to five acres around the $400,000 to $600,000 price mark.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-casino-125155786" target="_blank">2 Cascade Drive</a>, Casino (above) has been listed for $269,000.
Similarly a two bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-kyogle-125068454" target="_blank">21 Caddie Avenue</a>, Kyogle (below) has been listed for $329,000.
<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/2017/04/20/21%20Caddie%20Avenue.jpg" alt="">
</body></html>

Lismore property prices on the rise: HTW

<html><body>
Hobart has seen a drop in listings over the past 12 months, according to CoreLogic’s latest report.
The property data firm says that the number of new listings in Hobart has increased by 8.1% to 360.
However, Hobart recorded the highest decline among the capitals in total number of properties with a decrease of 26.5% over the past 12 months to 1519.
<a href="https://www.propertyobserver.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2010.56.37%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/2017/05/15/Screen%20Shot%202017-05-15%20at%2010.56.37%20am.jpg" alt="">
Canberra has the biggest 12 month change to the number of total listings with an increase of 8.4% to 2037.
It also has the biggest growth in the number of new listings which has increased by 35.9% to 799.
A four bedroom house at <a href="https://www.realestate.com.au/property-house-tas-howrah-125466794" target="_blank">22 Norfolk Drive</a>, Howrah (above) has been listed for between $535,000 to $565,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-unit-tas-lindisfarne-122994246" target="_blank">1/5 Nietta Road</a>, Lindisfarne (below) has been listed for over $249,000.
<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/2017/05/15/1_5%20Nietta%20Road.jpg" alt="">
</body></html>

Hobart listings drop by 26.5%: CoreLogic

<html><body>
Perth is the slowest locality to sell a property across the country, according to CoreLogic’s latest report.
The property data firm says that the median time for a property to be sold in Perth is around 80 days or higher.
Houses in the West Australian capital require an average vendor discount of 7.4% to sell, while the average discount for units is 9%.
<a href="https://www.propertyobserver.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2010.57.11%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/2017/05/15/Screen%20Shot%202017-05-15%20at%2010.57.11%20am.jpg" alt="">
This is significantly slower than Sydney or Melbourne where it only takes a month for properties to be sold.
The second slowest locality to sell a property is Darwin where it can take up to 65 days for houses and 72 days for units.
</body></html>

Perth the slowest capital for property sellers: CoreLogic

<html><body>
New land prices in the south-east corner of Queensland have increased nearly 80 percent over the last 10 years, with the average square metre of new land now costing about $523, according to research from property services group Oliver Hume.
The analysis of new land prices from 2006 to 2016 shows the average block of land has shrunk from 632 sqm to 466 sqm, while average prices have increased from $184,000 to $244,000.
The combination of growing prices and shrinking lots means the average price of a square metre of land in the south east has increased from $291 to $523, or 79.7 percent.
Brinton Keath, Oliver Hume Queensland Joint Managing Director said the increase represented some of the strongest returns from any investment class over the last 10 years.
“If you had acquired an average block of land at a new development in 2006 the same block of land now would probably fetch more than $330,000,” he said.
“The large blocks that were being sold back then are extremely rare these days and would probably attract a healthy premium on top of that.”
<a href="https://www.propertyobserver.com.au/images/2017/05/16/Screen%20Shot%202017-05-16%20at%2010.17.31%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/2017/05/16/Screen%20Shot%202017-05-16%20at%2010.17.31%20am.jpg" alt="">
Source: Oliver Hume
“As the cost of development has increased over the last 10 years because of things like infrastructure charges, englobo land price increases, construction costs and red and green tape the size of lots have had to come down to maintain affordability.
"There is also increasing demand for smaller blocks which are lower maintenance.
"The research also showed prices for residential land in the south east increased about 6 percent throughout 2016.
"The pace of growth over the last 12 months reflected continued low levels of supply, with limited new land coming on to the market.
“Prices will continue to rise while there is such a shortage of new land coming on to the market.
“Unless governments at all levels can find ways to release more land for sale, prices will continue to rise at above inflation.”
“We expect similar levels of growth in 2017 with the Gold Coast, which is experiencing a major shortfall in new land, set to experience the strongest growth."
</body></html>

South East Queensland new land prices up 80 percent in 10 years

<html><body>
A one bedroom apartment at Glen Huntly has been sold for $260,000 making it Melbourne’s most cheapest auction sale last weekend.
Located at <a href="https://www.realestate.com.au/sold/property-apartment-vic-glen+huntly-125226550" target="_blank">8/131 Grange Road</a>, the property has recently had a fresh makeover.
The apartment last sold for $175,000 in 2005.
It was also last sold in 1977 for $18,500.
Featuring living room with panel heating along with kitchen and bathroom.
The bedroom is generously proportioned and features built-in wardrobes.
<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/2017/05/14/8_131%20Grange%20Road-2.jpg" alt="">
Other feature includes a carport.
Located close to shops, transports, parks, amenities and restaurants.
The property was offered through Woodards agents Clare Adams and Ruth Roberts.
The last sale in the block of a one bedroom apartment at 7/131 Grange Road for $270,000.
</body></html>

One bedroom Glen Huntly apartment sold for $260,000

<html><body>
Median properties in Canberra can cost between $400,000 to $605,000, according to CoreLogic’s latest report.
The property data firm says that units in Canberra have a median price of $400,000 while houses come around a $605,000 median.
<a href="https://www.propertyobserver.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2010.56.58%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/2017/05/15/Screen%20Shot%202017-05-15%20at%2010.56.58%20am.jpg" alt="">
This puts Canberra as the third expensive locality to purchase a house, with Sydney and Melbourne above it.
However it is also the third cheapest locality to purchase a unit with Adelaide and Hobart units being much cheaper.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-act-charnwood-125323746" target="_blank">9 Holtermann Place</a>, Charnwood (above) has been listed for $510,000 plus.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-act-macgregor-125384290" target="_blank">62 Hollows Circuit</a>, MacGregor (below) has been listed for $439,000 plus.
<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/2017/05/15/62%20Hollows%20Circuit.jpg" alt="">
</body></html>

Median Canberra property prices sit between $400,000 to $600,000: CoreLogic

<html><body>
Brisbane’s inner-city vacancy rate dropped to 4.4 percent in the March quarter, with regional Queensland also showing strong improvement, according to new data from the REIQ.
Antonia Mercorella, REIQ CEO said it is the normal cyclical nature of property – demand builds to a point where pressure triggers the increase of supply.
“The 2016 Census revealed that Queensland has moved from about 30 per cent of our population renting to about 50 per cent now renting and we can conclude that rental accommodation will always be in demand,” she said.
“Then supply starts to build and keeps going until we see that that demand has been met. Typically, supply will briefly outstrip demand before easing back and then demand will start to build again and so the cycle goes.”
<a href="https://www.propertyobserver.com.au/images/2017/05/10/rsz_rates1final.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/05/10/rsz_rates1final.png" alt="">
In the Brisbane LGA ,the 5-20km ring, vacancies tightened from 3.3 percent to 3.1 percent.
In Greater Brisbane, across Ipswich, Logan and Moreton Bay vacancies all tightened.
Antonia Mercorella said the housing market in regional Queensland is closely tied to these two industries and we can see that workers are being attracted back to these cities with the tightening of vacancy rate figures.
<a href="https://www.propertyobserver.com.au/images/2017/05/10/rsz_rates2.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/05/10/rsz_rates2.png" alt="">
Gladstone was the star performer in the March quarter data, falling 3.5 percentage points to 6.4 percent, its lowest vacancy rate since June quarter 2015.
Mackay fell 1.5 percentage points from 7.9 percent to 6.4 percent, its lowest level since September 2013.
Townsville fell 0.2 percentage points to 6.2 percent, the lowest vacancy rate since March 2016.
Toowoomba moved from 2.8 percent to 2.9 percent.
Pine Rivers at Moreton Bay is the tightest rental market in the state at 1.3 percent.
</body></html>

Brisbane’s March quarter inner-city vacancy rate at 4.4 percent

<html><body>
The Prince of Malaysia Tunku Naquiyuddin and his wife Her Royal Highness Tunku Hyati mingled with a VIP guest list at the launch of Crown Group’s $400-million residential project, Waterfall last night.
His Royal Highness joined City of Sydney Lord Mayor Clover Moore and Indonesian supermodel Paula Verhoeven at the red-carpet affair, which was expected to draw more than 1800 attendees.
Other highlights of the red carpet included local celebrities such as The Block Glasshouse winners, Simon and Shannon Voss (below) who were pictured conducting media interviews. 
<img src="https://www.urban.com.au/images/2017/05/18/rsz_1crownparty.png" alt="">
Guests were treated to the first glimpse of the model of the 331-apartment development.
The four-tower residential development is designed by Sydney-based architects SJB and will feature Australia’s tallest man-made waterfall.
Waterfall by Crown Group features studios, one, two and three-bedroom apartments, courtyard apartments and double-storey penthouses.
Iwan Sunito, chairman and group CEO, Crown Group, said after much-anticipation the company is pleased to share their vision creating a building which will revolutionise the use of green space in residential developments. 
“In 2015, Crown Group attracted more than 1500 guests to the red-carpet unveiling of its Green Square project, Infinity by Crown Group," he said.
“The evening was a unique celebration of innovation and design; a reflection of our continued push to go beyond the traditional boundaries of design to meet the needs of the future."
For more information, <a href="https://waterfallbycrowngroup.com.au" target="_blank">click here</a>.
</body></html>

Prince of Malyasia attends Waterfall launch 

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

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News