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The mystery $22.4 million buyer of Mosman’s second most expensive house has been revealed as Bryan Rose, the son of property developer Bob and Margaret Rose.
His purchase, tipped by Fairfax Media, marks a triumphant return to Mosman for Rose, who grew up in the Balmoral Beach trophy home Seacliff.
The waterfront property was sold by Ying Li, from China, who had bought it in 2012 for $20 million.
The Bay Street estate was previously owned by retired car dealer Laurie Sutton and the late TV presenter Bob Dyer. 
It was sold through Mark Manners, of Simeon Manners.
Settlement is expected to confirm the sale price, but it is understood to have topped an underbid of $22.3 million.
Rose owns at Vaucluse where he bought almost a decade ago for $4.62 million.
Rose’s new Beauty Point estate was the home of retired car dealer Laurie Sutton for 35 years after it was sold in 1977 for $376,960 by the late television presenter and quiz show host Bob Dyer and his wife Dolly.
Rose Group was founded by veteran property developer Bob Rose in 1976, and his son Bryan is joint managing director with his brother Stuart.
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j.ballantyne1990-6AQqhLzZaK

Pick a Box Mosman home sold to property developer Bryan Rose

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The Beach Hotel in Albert Park has been sold to mainland Chinese investors for about $18 million.
The two-level, 1880s-built pub on the corner of Beaconsfield Parade and Victoria Avenue, overlooking Albert Park Beach, was sold by business interests associated with well known hotel broker Terry Board of TJ Board &amp; Sons.
The deal to buy the Beach Hotel, along with the neighbouring Foodworks supermarket, was struck on a yield of about 4.2 percent.
The pub and supermarket bring in annual rent of about $758,000 with both on long leases, according to The Australian Financial Review.
 
The Beach Hotel sold with a seven-year lease to McKinnon Hotels, while the Foodworks sold with a 10-year lease to the supermarket operator.
But the AFR noted the property sold with a redevelopment clause, allowing the new owners to terminate the leases at short notice.
Current height limits would allow an apartment development of between three and five storeys.
The Beach Hotel offers function rooms, a courtyard bistro, 12 guest rooms on the upper floor and 32 poker machines.
The sale of the pub was negotiated by CBRE Hotels.
Another landmark Melbourne pub, St Kilda's Prince of Wales Hotel, sold for just under $45 million to a mainland Chinese investor in 2015.
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Beach Hotel, Albert Park sold to Chinese buyer

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The television tradie James Bawden and his wife, interior designer Kimberley-Jade sold their single-fronted 1890s St Kilda East cottage ahead of its weekend auction.
No price reveal but Sotheby’s agent Sarah Case was seeking <a href="https://www.realestate.com.au/sold/property-house-vic-st+kilda+east-124955250" target="_blank">around $1.45 million</a> (below).
<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/2017/04/10/700_terrace1.jpg" alt="">
Bawden, who started his television career with Channel Nine’s Domestic Bliss then onto Network Ten’s The Home Team DIY show, bought it with Kimberley-Jade, who runs runs the Kim INC design studio, for $610,000 in 2014 which was followed by their renovation and extension.
It was one of the 166 Melbourne auction offerings snapped up ahead of schedule, according to the REIV. 
Melbourne's 81 percent success rate just sits behind Sydney's 81.5 percent with neither city unduly concerned by rising regulatory concerns about a housing bubble.
In Melbourne's outer west, Ardeer, it was a Sydney investor who snapped up a $731,000 <a href="https://www.realestate.com.au/property-house-vic-ardeer-124984098" target="_blank">three-bedroom brick veneer house</a> (below).
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.12.02%20AM.png" alt="">
In South Yarra an expat living in Dubai spent $1,214,000 on a Moore Street single-fronted <a href="https://www.realestate.com.au/property-house-vic-south+yarra-124954986" target="_blank">two bedroom cottage semi</a> (below), The Herald Sun reported.
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.13.56%20AM.png" alt="">
In South Melbourne, a charming ugly duckling left vacant for 40 years, sold through Greg Hocking Holdsworth to a couple for $2,635,000 who will be convert the former corner milk bar and adjoining classic terrace <a href="https://www.realestate.com.au/property/440-park-st-south-melbourne-vic-3205" target="_blank">into one family home</a> (lead image).
The effervescent national clearance rate tally came after the busiest week for auctions so far this year, as vendors sought to get in before the Easter break.
Auctions returned a 77.6 percent national tally, according to CoreLogic’s latest report with 3,424 homes put to auction.
In Melbourne, the number of homes taken to auction rose to 1,458, up from last week’s 1,143, with the clearance rate hitting 81 per cent, up from 79.6 per cent over the previous weekend.
Across Sydney the preliminary clearance rate was up at 81.5 per cent after Sydney's biggest ever auction day saw 1140 homes go under the hammer.
CoreLogic’s auction analyst Kevin Brogan said described it as "a robust performance."
<div class="wp-caption">The dearest reported sale was at Drummoyne where a four-bedroom art deco home on Sydney Harbour sold for $7.2 million. </div>
<div class="wp-caption"> </div>
<div class="wp-caption">The auctioneer Damien Cooley had called the property onto the market at $6.8 million.</div>
<div> </div>
<div id="sticky_holder_news">“There’s a shortage of waterfronts in Drummoyne,” Cobden and Hayson agent Frank Colacicco told The Sunday Telegraph.</div>
<div> </div>
<div>Melbourne's highest result was when a <a href="https://www.realestate.com.au/property-house-vic-middle+park-124983402" target="_blank">Middle Park duplex fetched $6,985,000</a> (below), according to the REIV.</div>
<div> </div>
<div><img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.17.39%20AM.png" alt=""></div>
<div> </div>
<div>There were 17 rooms in Veronique, the Page Street offering, which sold through Cayzer Real Estate.  </div>
<div> </div>
<div>An 1880s Brighton house, Marama was passed in on a <a href="https://www.realestate.com.au/property-house-vic-brighton-125013006" target="_blank">vendor bid of $5.8 million</a> in front of a big crowd (below). The Age advised the iconic Victorian mansion did not receive a single bid, although the vendors had lowered their reserve to $6.4 million from initial $7 million hopes. </div>
<div> </div>
<div><img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.18.45%20AM.png" alt=""></div>
<div> </div>
Canberra’s preliminary auction clearance rate of 69.8 percent was higher than last week when the final auction clearance rate was 60.8 percent and higher than the 52 percent recorded last year.
A suburb record was secured in Florey where <a href="https://www.realestate.com.au/sold/property-house-act-florey-124977586" target="_blank">3 Edman Close</a> (below) sold under the hammer for $960,000 through Peter Blackshaw Gungahlin, topping the previous $840,000 record set in February.
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%209.23.17%20AM.png" alt="">
It had five bedrooms, study and theatre room amid its 220 sqm internal living space.
CoreLogic advised there were 182 Brisbane properties taken to auction with a clearance rate of 54.6 percent.
Adelaide saw a preliminary clearance rate of 67.4 percent across a total of 170 scheduled auctions.
Perth’s clearance rate of 22.7 percent across 53 auctions was down from the previous week.
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South Melbourne ugly ducking sold

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The busiest week for auctions so far this year returns a preliminary clearance rate of 77.6 percent, according to CoreLogic’s latest report.
The property data firm says that auction activity ramped up across the combined capital cities this week in the lead up to Easter, with 3,424 homes taken to auction this week, recording the highest volume of auctions year-to-date.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.55.55%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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.55.55%20am.jpg" alt="">
The preliminary clearance rate remains strong despite the increase in volumes over the week, with 77.6 percent of auctions reporting as successful.
This week’s results are higher than both last week’s 75.9 percent across 2,657 auctions and the same time last year when 67.1 percent of the 1,831 auctions were cleared.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.56.01%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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.56.01%20am.jpg" alt="">
However, if we compare to the pre-Easter weekend in March last year, volume’s reached their highest level for 2016, with 3,540 auctions held.
In Melbourne this week, the number of homes taken to auction rose to 1,458, from last week’s 1,143, with the clearance rate for the city also increasing over the week (81.0 percent), up from 79.6 percent over the previous week.
This is significantly higher than the corresponding week last year when 803 auctions were reported with a clearance rate of 73.2 percent.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.20%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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.20%20am.jpg" alt="">
Across Melbourne’s sub-regions, the Mornington Peninsula region recorded the highest clearance rate of all the regions, with 87.0 percent of the 66 auctions successful, followed by the North West region, where an 86.1 percent clearance rate was recorded across 107 auctions.
Across Sydney, there were a higher volume of auctions this week, with 1,392 held, up from 1,104 over the previous week.
The preliminary clearance rate for the city saw an increase over week, up to 81.5 percent from 78.0 percent last week.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.27%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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.27%20am.jpg" alt="">
When compared to the same time last year, both the clearance rate and number of auctions held were significantly lower, when 67.1 percent of the 678 auctions were successful.
The Outer West and Blue Mountains region recorded the strongest clearance rate of all the Sydney sub-regions, with an 90.0 percent rate of clearance across 13 auctions, while the North Sydney and Hornsby region recorded the highest volume of auctions (221).
There were 182 Brisbane properties taken to auction this week, with a preliminary clearance rate of 54.6 percent.
This is up from 52.4 percent last week and also higher than the same period last year, when 47.7 percent of the 160 properties taken to auction were successful.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.35%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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.35%20am.jpg" alt="">
Across the Gold Coast 29 results have been reported so far, with a clearance rate of 37.9 percent.
This week, Adelaide saw a preliminary clearance rate of 67.4 percent across a total of 170 scheduled auctions.
<a href="https://www.propertyobserver.com.au/images/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.42%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/2017/04/09/Screen%20Shot%202017-04-09%20at%2010.57.42%20am.jpg" alt="">
This is lower than the previous week, when Adelaide’s clearance rate was 76.3 percent and higher than the 63.6 percent recorded one year ago.
Perth’s clearance rate of 22.7 percent across 53 auctions is down from the previous week, when 43 auctions were held and a clearance rate of 38.7 percent was recorded.
Over the same week last year, the clearance rate was also higher, when 33.3 percent of the 36 auctions were successful.
Canberra’s preliminary auction clearance rate of 69.8 percent this week is higher than last week, when the final auction clearance rate was 60.8 percent and higher than the 52.2 percent recorded last year.
In Tasmania this week, there were a total of 21 auctions held, with 15 results so far.
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Preliminary auction clearance rate at 77 percent in lead up to Easter: CoreLogic

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Sydney's biggest ever auction day saw 1140 homes go under the hammer and with 677 of the results in by Saturday evening, CoreLogic put the clearance rate as nudging 80 percent.
At 79.47 percent - and "all of that extra supply", CoreLogic’s auction analyst Kevin Brogan described it as "a robust performance,”.
The dearest at Drummoyne, saw a four-bedroom art deco home on the waterfront sold for $7.2 million. 
The auctioneer Damien Cooley called the property onto the market at $6.8 million.
“There’s a shortage of waterfronts in Drummoyne,” Cobden and Hayson agent Frank Colacicco told The Sunday Telegraph.
A freestanding ocean-view Federation house in Sydney's Bronte has been sold for $5.33 million, making it Sydney’s second most expensive auction weekend sale.
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-bronte-124949282">12 Cross Street</a>, it overlooks Tamarama and is centrally located to both Bronte and Tamarama beaches.
It has a double frontage of 450 sqm with an elegant entry hall and ornate ceilings
It features a huge living room with original floorboards along with spacious dining and casual living.
Double doors leads to the raw timber deck along with retractable awning and landscaped gardens.
Kitchen features Caesarstone along withg Bosch dishwasher and Ilve gas cooker.
Upstairs is the retreat featuring an ensuite.
There is also an Italian glass mosaic-tiled family bathroom.
Huge scope to extend upper level and there are also off-street parking for two cars.
The property was offered through Phillips Pantzer Donnelley agents Alexander Phillips and Gavin Lewis.
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Harbourfront Drummoyne and ocean-view Bronte top Sydney's super Saturday sales

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The former director-general of domestic intelligence agency ASIO, David Irvine has been ­appointed as the new chairman of the Foreign Investment Review Board.
It has been interpreted as a signal from the Turnbull government that national sec­urity is a key priority in the ­assessment of foreign bids for Australia’s critical infrastructure following controversial decisions including the sale of the Port of Darwin.
Irvine will replace the outgoing chairman, Brian Wilson who hailed from the investment banking sector.
“Australia welcomes foreign investment, foreign investment in the national interest … and I don’t see that changing,” Irvine told The Weekend Australian.
Irvine joined the FIRB board last year.
He has served as the director-general of both ASIO and ASIS and as a former ambassador to China.
Irvine on the board by Michael D’Ascenzo, David Peever, the former Australian head of Rio Tinto, Patrick Secker and Ms Alice Williams.
It has been long viewed the inadequately funded FIRB was weak on enforcement until recent initiatives.
Treasurer the Hon. Scott Morrison recently ordered the forced sale of a further 15 Australian residential properties held by foreign nationals in breach of the foreign investment framework, taking the total number of forced sales to 61, with a combined value of $107 million.
The 15 latest properties are located in Victoria and Queensland, with a combined purchase price of more than $14 million. The foreign owners come from a range of countries including China, India, Indonesia, Iran, Malaysia, the United Kingdom and Germany.
Under the previous Labor government, no foreign nationals were forced to divest illegally held Australian property.
A further 36 foreign nationals have sold properties during the course of Australian Taxation Office (ATO) investigations, showing improved compliance with the rules and a strengthening of the enforcement program.
The ATO has detected more than 570 foreign nationals who have breached the rules. 
Under the Government’s enhanced penalty regime the ATO has issued 388 penalty notices to foreign nationals in breach of the rules, attracting penalties of more than $2 million.
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FIRB to be headed by former Chinese ambassador David Irvine

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Regional South Australia had 6,550 residential house and agricultural sales over the year to November 2016, around the same as in 2015, according to Landmark Harcourts’ latest Benchmark Report (<a href="https://content.landmarkharcourts.com.au/Content/Benchmark-Property-Data-Report" target="_blank">bit.ly/LHBenchmark</a>).
The value of these sales fell slightly, down -0.9 percent to $2.3 billion over the same period.
Looking at how many of these sales were for residential properties, they accounted for 74.5 percent of all sales and 58.8 percent of the total value of sales.
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.09%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.09%20pm.jpg" alt="">
Agricultural property sales accounted for 25.5 percent of all transactions across regional South Australia, with 1,669 transactions over the 12 months to November 2016, increasing by 0.7 percent, or 11 sales, when compared to the 12 months to November 2015.
“If we look at land sizes, just over half of these sales were on lots of less than 40 hectares (53.7 percent), followed by 100 to 1,000 hectares (28.0 percent) and 40 to 100 hectares (15.2 percent),” the report stated.
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.19%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.19%20pm.jpg" alt="">
Land sizes greater than 1,000 hectares accounted for just 3 percent of sales.
The value of agricultural transactions increased to $934.2 million, up 1.7 percent over the year to November 2016.
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.28%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.28%20pm.jpg" alt="">
Properties on land ranging from 100 to 1,000 hectares accounted for 43.9 percent of the total value of sales, while lots on less than 40 hectares made up 33.9 percent of the total value.
Lots between 40 to 100 hectares accounted for 13.4% of total value, while lots greater than 1,000 accounted for 8.8 percent.
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.37%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.26.37%20pm.jpg" alt="">
A 19 acre rural farm property at <a href="https://www.realestate.com.au/property-farmlet-sa-whites+flat-7884062" target="_blank">15 McLeod Lane</a>, Whites Flat (above) has been listed for $360,000.
Similarly a 100 acre rural property at <a href="https://www.realestate.com.au/property-other-sa-macclesfield-7857678" target="_blank">414 Pound Road</a>, Macclesfield (below) has been listed for between $700,000 to $770,000.
<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/2017/04/4/414%20Pound%20Road.jpg" alt="">
A 9 acre rural property at <a href="https://www.realestate.com.au/sold/property-other-sa-korunye-7867778">1474 Mallala Road</a>, Korunye (below) has been recently sold for $250,000.
<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/2017/04/4/1474%20Mallala%20Road.jpg" alt="">
Similarly a 1284 acre mixed farming property at <a href="https://www.realestate.com.au/sold/property-mixed+farming-sa-keith-7707715" target="_blank">Martins Camp Road</a>, Keith (below) was recently sold for $1.31 million
<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/2017/04/4/Martins%20Camp%20Road.jpg" alt="">
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South Australian rural sales greater than 1,000 hectares accounts for just 3 percent of activity

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Three central Queensland cattle stations are up for sale by US coal mining giant Peabody Energy.
They are tipped to fetch around $60 million.
The properties known as Iffley, Deverill and Twenty Mile near Moranbah have a combined 41,500 hectares, currently leased to Australian Cattle and Beef Holdings.
The three cattle stations are being marketed by CBRE's Geoff Warriner and Chris Holgar.
Geoff Warriner said the property sizes, value and strength of current management match investment mandates of both major industry participants and institutional investors.
“The opportunity to secure an aggregation of this scale within such a renowned and highly productive livestock region that offers direct access to transport routes and close to end markets, is both unique and strongly sought after," he said.
Mr Holgar said the opportunity was also positioned to capitalise on the strength of Australia’s beef sector.
“Given the strong interest in large scale grazing land, the sale of these properties comes at an opportune time for the industry,” he said.
The properties are located approximately 38 kilometres south east of Moranbah, 130 kilometres south west of Mackay and 240 kilometres north west of Rockhampton.
The properties are offered in one line or as separate assets via a forthcoming expressions of interest campaign.
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Peabody Energy lists three central Queensland cattle stations

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A 14 acre SA farmland hills at Basket Range has been listed for $1.35 million.
Located at <a href="https://www.realestate.com.au/property-acreage+semi+rural-sa-basket+range-124522222" target="_blank">16 Taylors Road</a>, the Orchard House features fruit-producing farmland, views and a 1920 grand manor.
The grazing pasture is complete with fencing ready for stock, orchards of apple, cherry, walnuts, citrus and pears with a pure spring-water bore for the whole property.
The manor has stunning fireplaces, formal and informal living areas along with five bedroom plus a study and two and a half bathrooms.
It comes with a 100 year old packing shed, veggie patch and horse/stock grazing paddock.
The property is 30 minutes from Adelaide CBD.
The property is offered through Harcourts Adelaide Hills agent Sharon Reeves.
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Basket Range's Orchard House, listed at $1.35 million

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The council areas of NSW's Murrumbidgee, Queensland's Issac and Victoria's  Monash, Whitehorse and Boroondara are among the best nationwide for median house price growth over the past two decades, according to CoreLogic.
A new report from CoreLogic states over the 20 years to December 2016, median selling prices of houses nationally have increased at a compound annual rate of 7.2 percent, indicating that property prices have, on average, doubled over ten years. 
"While the national growth rate is strong, the rate of growth has varied dramatically between the states and territories and within different regions of each state and territory," CoreLogic said.
"The first table within this release highlights the 25 council areas across the country that have seen the greatest compound annual increase in median house prices over the past 20 years. 
"Note that data for the Northern Territory is not available for 20 years and as a result has been excluded from the analysis."
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Council Area
</td>
<td valign="top" width="47">
State
</td>
<td valign="top" width="84">
Median Price
</td>
<td valign="top" width="97">
20 yr growth pa
</td>
</tr>
<tr>
<td valign="top" width="106">
Murrumbidgee
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$167,000
</td>
<td valign="top" width="97">
13%
</td>
</tr>
<tr>
<td valign="top" width="106">
Issac
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$140,000
</td>
<td valign="top" width="97">
11%
</td>
</tr>
<tr>
<td valign="top" width="106">
Monash
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,100,000
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Whitehorse
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,081,000
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Boroondara
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,910,000
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Glen Eira
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,328,500
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Maribyrnong
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$781,500
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Yarra
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,210,000
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Darebin
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$840,000
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Banana
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$190,000
</td>
<td valign="top" width="97">
10%
</td>
</tr>
<tr>
<td valign="top" width="106">
Bayside
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,658,750
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Boorowa
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$235,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Manningham
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,170,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Stonnington
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,810,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Kingston
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$851,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Nannup
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$372,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Port Phillip
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$1,550,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Liverpool
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$750,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Byron
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$800,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Greater Dandenong
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$600,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Maroondah
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$745,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Waverley
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$2,625,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Hobsons Bay
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$771,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Moreland
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$740,000
</td>
<td valign="top" width="97">
9%
</td>
</tr>
<tr>
<td valign="top" width="106">
Moonee Valley
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$955,500
</td>
<td valign="top" width="97">
9%
</td>
</tr>
</tbody></table>
The Murrumbidgee council area in the Riverina areas of New South Wales has seen the greatest increase in median house prices over the past 20 years at 13.0 percent pa. 
Isaac, located in the coal mining heartland of Queensland’s Bowen Basin, in second place is an interesting one because 3-4 years ago house prices were substantially higher due to the mining boom but they have fallen by -22.4 percent pa over the past five years as the mining boom has unwound. 
Elsewhere on the top 25 list; New South Wales and Victorian council areas feature heavily, especially those located within Sydney and Melbourne. 
These tables highlight how the increases in prices in Sydney and Melbourne have outstripped those of the rest of the country. 
In Sydney in particular, this has occurred despite the fact that prices generally fell between 2003 and 2009.
The second table highlights the 25 council areas nationally that have seen the lowest annual increases in median house prices over the past 25 years. 
Not one of these council areas is situated in a capital city highlighting that there is often a divide between the performance of capital city and regional housing markets. 
Most of these council areas are in regional areas linked to single industries such as mining or agriculture.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Council Area
</td>
<td valign="top" width="47">
State
</td>
<td valign="top" width="84">
Median price
</td>
<td valign="top" width="97">
20 yr growth pa
</td>
</tr>
<tr>
<td valign="top" width="106">
Coolgardie
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$87,500
</td>
<td valign="top" width="97">
0.4%
</td>
</tr>
<tr>
<td valign="top" width="106">
Yilgarn
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$58,500
</td>
<td valign="top" width="97">
0.5%
</td>
</tr>
<tr>
<td valign="top" width="106">
Dundas
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$33,000
</td>
<td valign="top" width="97">
1%
</td>
</tr>
<tr>
<td valign="top" width="106">
Paroo
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$50,000
</td>
<td valign="top" width="97">
1%
</td>
</tr>
<tr>
<td valign="top" width="106">
Unincorporated SA
</td>
<td valign="top" width="47">
SA
</td>
<td valign="top" width="84">
$46,000
</td>
<td valign="top" width="97">
2%
</td>
</tr>
<tr>
<td valign="top" width="106">
East Pilbara
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$150,500
</td>
<td valign="top" width="97">
2%
</td>
</tr>
<tr>
<td valign="top" width="106">
Hay
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$120,000
</td>
<td valign="top" width="97">
2%
</td>
</tr>
<tr>
<td valign="top" width="106">
Kimba
</td>
<td valign="top" width="47">
SA
</td>
<td valign="top" width="84">
$70,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Morawa
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$60,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Burdekin
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$175,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Quilpie
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$87,500
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Walgett
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="84">
$80,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Buloke
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$82,750
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Blackall Tambo
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$75,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Central Highlands
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$190,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Bruce Rock
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$70,250
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Roebourne
</td>
<td valign="top" width="47">
WA
</td>
<td valign="top" width="84">
$291,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Cassowary Coast
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$250,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Yarriambiack
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$90,000
</td>
<td valign="top" width="97">
3%
</td>
</tr>
<tr>
<td valign="top" width="106">
Southern Mallee
</td>
<td valign="top" width="47">
SA
</td>
<td valign="top" width="84">
$99,000
</td>
<td valign="top" width="97">
4%
</td>
</tr>
<tr>
<td valign="top" width="106">
Tatiara
</td>
<td valign="top" width="47">
SA
</td>
<td valign="top" width="84">
$142,000
</td>
<td valign="top" width="97">
4%
</td>
</tr>
<tr>
<td valign="top" width="106">
Gannawarra
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="84">
$160,000
</td>
<td valign="top" width="97">
4%
</td>
</tr>
<tr>
<td valign="top" width="106">
Douglas
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$405,000
</td>
<td valign="top" width="97">
4%
</td>
</tr>
<tr>
<td valign="top" width="106">
Berri and Barmera
</td>
<td valign="top" width="47">
SA
</td>
<td valign="top" width="84">
$181,000
</td>
<td valign="top" width="97">
4%
</td>
</tr>
<tr>
<td valign="top" width="106">
North Burnett
</td>
<td valign="top" width="47">
QLD
</td>
<td valign="top" width="84">
$146,000
</td>
<td valign="top" width="97">
4%
</td>
</tr>
</tbody></table>
The past, of course, is no indicator of future performance, but the data provides a good insight into the areas which are likely to see stronger price growth in the future.
Regions that have diverse economies and are not reliant on single or a handful of industries are likely to see higher levels of housing demand. 
Subsequently, these areas also tend to see greater increases in selling prices due to the heightened level of housing demand.
</body></html>

Murrumbidgee, NSW, leads top 25 best performing areas for median house price increases over past 20 years

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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