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A prime farming block of 80 hectares on the Kiewa Valley Highway, 15 minutes east of Wodonga, sold at weekend auction, for $1,425,000.
Located at <a href="https://www.realestate.com.au/sold/property-livestock-vic-kiewa-7880846" target="_blank">1726 Kiewa Valley Highway</a>, Ruralco Property’s Wodonga office sold the property known as Berkeley Moor.
Ending 41 years of family ownership, the purchaser is a local district businessman.
The vendors Peter and Leonie Adams home farm at Staghorn Flat was listed as part of their plan to downsize.
The Berkeley Moor property is a mix of rich river flats with a direct exposure of some 600 metres to the Kiewa River.
The portion of river flats retain a mix of good pasture, vegetation and majestic red gums while the balance of the property is the higher ground where there are numerous potential home building sites.
Located in the Indigo Shire there is an as of right entitlement to obtain a building permit for a home on the property.
The holding is essentially rectangular with about 400 metres frontage to the Kiewa Valley Highway.
Peter Adams says he normally runs fifty cows and calves on the property where the pastures receive a regular annual superphosphate application.
“There is good fencing, a set of cattle yards and a large steel framed hay shed on Berkeley Moor together with an old original dairy building.
“The Hume Weir is only ten minutes away with 88kms to Falls Creek” he noted.
Ruralco Property selling agent Peter Ruaro said it was a tightly held local area so he was anticipating offers would exceed $1.2 million.
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j.ballantyne1990-6AQqhLzZaK

Prime Kiewa Valley farming block sold for $1.425 million

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The Brisbane residential property record has been broken with the sale of a three level clifftop home at Kangaroo Point.
It has been sold for $18.48 million through Ray White New Farm agent Matt Lancashire.
The sale by City Motor Auctions Group boss Angelo Russo and wife Sandra eclipses the previous Brisbane record of $14 million when Australia's richest woman Gina Rinehart bought in late 2014.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%2011.56.52%20AM.png" alt="">
The vast 1445 sqm split level home with five bedrooms and six bathrooms was the work of renowned designer Greg Harris.
The eastern wing of the residence comprises a home office with adjoining board room, serviced by a kitchenette and another home office.
A fully equipped gym and steam room sit on the same floor, and there's also a sound proof cinema.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%2011.58.07%20AM.png" alt="">
One of the homes most spectacular features is the heated infinity lap pool and spa, which run the length of the cliff edge with views of the river and the city.
A lower level temperature controlled wine cellar also offers commanding views.
The marketing suggests no expense had been spared by the owners, even down to the last detail, with heated Saint Lorraine marble flooring from Greece used across the living and entertaining area.
The living and entertaining areas with wood fire pizza oven and teppanyaki barbecue feature heated St Lorraine marble flooring.
Russo paid $4.74 million for the riverfront in 2009 when he bought from law partner Tony Barakat, who had paid $6.3 million just two years earlier.
This article first appeared in The Weekend Australian's Mansion Australia section.
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Brisbane residential property record broken at Kangaroo Point

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The months of December and January are generally quiet months in South West Western Australia's rural property market with many taking holidays and taking stock post harvest, according to Herron Todd White’s latest report.
The property valuation firm says that their research of Landgate records indicates 15 rural properties over 40 hectares settled in December 2016 and 13 properties over 40 hectares settled in January 2017.
Compared to last year’s 97 properties over 40 hectares in December 2015 and 82 properties over 40 hectares in January 2016 this is significantly down.
“We note that these settlements are likely to be from sales in the previous six to 12 months however are considered to give an indication of market activity.
We also note that the overall sale prices are also down with only five sales over the $1 million mark compared to 53 sales for the same two month period last year,” the report stated.
This is likely to be a result of a number of factors including severe frost events resulting in down grading of yield and quality estimates which were likely to have postponed purchasing decisions and also supply issues with a number of the larger landholdings being purchased last year and a number of above average years reversing some producers’ decisions to exit the industry.
“As we now know it has been reported that Western Australia has just had a record harvest on the back of an above average harvest and as a result market activity is likely to increase in line with an increase in liquidity throughout many regions,” the report stated.
Recent rainfall events across many wheatbelt areas have resulted in flooding but also provided some soil moisture with a number of farmers already working their land ready for seeding.
Overall confidence remains high in many districts and we are likely to see more sales activity as a result which given the supply issues in some areas could result in an increase in land values.
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WA rural property market significantly subdued: HTW

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There is currently good inquiry for larger scale irrigation properties for investment entities looking at assets in excess of $10 million in Echuca, according to Herron Todd White’s latest report.
The property valuation firm says that this demand has been underpinned by the strong 2016 seasonal conditions and the good water resource position and reduced allocation water markets.
It will be interesting to see how the market responds coming out of the 2016/17 season with significantly improved balance sheets relative to 2015/16 despite disappointing grain prices.
Agents report that because of the reduced listings in south west Victoria through the latter part of 2016, the rural property market for 2017 commenced with less than usual stock of property put to the market and this has contributed to a slower than usual kick off for 2017.
There is no denying confidence continues at an all time high, particularly for beef and sheep producers.
Even the dairy industry is continuing to show signs of improving which should translate to the property market. Watch this space.
The limited market activity has been primarily either farmers over the fence expanding and investors seeking scale and quality.
A 23 acre land at <a href="https://www.realestate.com.au/property-cropping-vic-echuca-7858450" target="_blank">208 Anderson Road</a>, Echuca (above) has been listed for sale. It last sold for $92,000 in 1993.
Similarly a mixed farming land at <a href="https://www.realestate.com.au/property-mixed+farming-vic-rushworth-7883038" target="_blank">163 Poulson Road</a>, Rushworth has been listed for $205,000, having last traded for $70,000 in 1985.
<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/2017/03/06/163%20Poulson%20Road.jpg" alt="">
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Keen buyer inquiry for irrigation properties in Echuca: HTW

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A 1900s bungalow at Mosman has been sold for $5.58 million, making it Sydney's most expensive sale this weekend.
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-mosman-124763630" target="_blank">12 Edwards Bay Road</a>, the property has been held by the same family for 50 years.
The property is a single level layout with multiple living zones that leads to the outdoor along with a north facing aspect.
The formal lounge/dining is positioned with views over Balmoral Beach.
<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/2017/03/19/12%20Edwards%20Bay%20Road-2.jpg" alt="">
The property was offered through McGrath agents Michael Coombs and Adrian Bridges.
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1900s Mosman bungalow sold for $5.58 million

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Camberwell’s prestigious estate, Netherfield, has been sold for $4.76 million, making it Melbourne's most expensive weekend sale.
Located at <a href="https://www.realestate.com.au/sold/property-house-vic-camberwell-124785982" target="_blank">37 Victoria Road</a>, the Edwardian property is on a north-facing rear and graces the corner of Loch Street.
Heritage detail has been maintained with high decorative ceilings to open fireplaces as well as recent renovations to modernise the property.
The grand formal rooms and living areas have a quality family lifestyle and can be further extended or renovated.
<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/2017/03/19/37%20Victoria%20Road-2.jpg" alt="">
The family room opens up to an alfresco terrace.
Other features includes arched hallway, dining room, Miele/Neff-equipped kitchen, ducted heating, cooling, alarm and remote-control double garage.
Burke Road shopping, Read Gardens and train station are a short stroll away.
The property was offered through Jellis Craig agents Geordie Dixon and Tom Ryan.
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Camberwell's estate, Netherfield, sold for $4.76 million

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A classic sandstone Tudor style house at Kingswood has been sold for $1.29 million, making it Adelaide’s most expensive sale this weekend.
Located at <a href="https://www.realestate.com.au/property-house-sa-kingswood-124806610" target="_blank">13 Halsbury Avenue</a>, the four bedroom property is situated on the northern side of the road and has an 18 metre frontage to Halsbury Avenue.
Its traditional features have been preserved from high ornate ceilings to open fire places and traditional leadlight.
<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/2017/03/19/13%20Halsbury%20Avenue-2.jpg" alt="" style="font-size: 12.16px; line-height: 1.3em;">
Like most Tudor style homes the formal sitting room is adjacent to the dining room and both have open fire places.
Other features includes an all weather tennis court, alfresco patio and courtside gazebo.
The property was offered through Cocks Auld Real Estate agent David Cocks.
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Classic sandstone Tudor style Kingswood house sold for $1.29 million

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A 1905 Melbourne mansion in Malvern East, once-owned by Little River Band guitarist Beeb Birtles, was likely the nation's highest weekend auction sale.
It sold post auction at an undisclosed price, understood to be for more than $6 million.
The five-bedroom, four-bathroom house on 1400 sqm at <a href="https://www.domain.com.au/10-manning-road-malvern-east-vic-3145-2013403328" target="_blank">10 Manning Road</a> (above) originally came with $8 million plus hopes through an unsuccessful expressions of interest campaign last November.
Domain reported there was just the one bidder at $5.95 million
Harleston Firs was sold by the band member for $1,265,000 in 1991 to the current vendors.
A one bedroom, one bathroom apartment at Kingsville, some nine kms from the Melbourne CBD, sold at weekend for $210,000, making it the most cheapest sale across the capital cities.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%208.37.54%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/property-apartment-vic-kingsville-124745538" target="_blank">2/57 Kingsville Street</a>, (above) the property has been a $210 a week rental.
Sydney's clearance rate remains the strongest in the country. Domain economist Dr Andrew Wilson described the Sydney auction market as "relentless." 
The national capital city clearance rate increased this weekend sat at 76 per cent, compared to 75 per cent last weekend and 68.8 per cent one year ago. 
Auction activity increased over the week with 2,844 homes taken to auction, up from 1,473 last week; however this time last year, volumes were higher with 3,540 properties taken to auction.
Each individual capital city market has seen a rise in auction volumes over the week, while clearance rates have been somewhat varied, noted Kevin Brogan at CoreLogic.
The highest preliminary clearance rate was in Sydney where 83.9 per cent of auctions cleared over the week, followed by Canberra at 76.6 per cent.
Melbourne was the busiest city for auctions this week, with 1,415 homes going under the hammer.
Of the 1,059 reported auctions, 804 were successful, representing a preliminary clearance rate of 75 per cent.
One offering that didn't sell was when the comedian and writer Glynn Nicholas’ converted warehouse two-bedroom apartment passed in on a $750,000 vendor bid.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%208.38.47%20AM.png" alt="">
It now comes with an $865,000 asking price (above).
Nicholas has owned the <a href="https://www.realestate.com.au/property-apartment-vic-st+kilda-124808438" target="_blank">13/1-5 Martin Street</a> apartment since paying $190,000 in 2000, using it as an office space before converting it and recently adding a mezzanine floor.
Melbourne’s clearance rate dipped from the 79 per cent across 385 auctions on the Moomba long weekend, while last year 72 per cent of the 1,788 auctions held were successful. 
The busiest Melbourne sub-regions this week were Melbourne’s Inner region and the Inner South region, where 204 and 145 auctions were held respectively. 
The strongest clearance rate was recorded across the North West region, where 89 per cent of auctions were successful based on 74 results.
Melbourne sales included Anthony Hudson — an SEN radio host and Fox Footy commentator - who sold in Brighton for $3.305 million.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%208.40.20%20AM.png" alt="">
It has been <a href="https://www.realestate.com.au/property-house-vic-brighton-124873658" target="_blank">four bedroom home</a> (above) with his wife Eloise and their three daughters since traded in 2010 for $2.175 million.  
The Herald Sun reported the renovated 1960s home attracted competitive bidding between two of the four bidders — topping a reserve price around $2.9 million after an opening vendor bid of $2.6 million.
This week, 962 Sydney homes were auctioned and preliminary results show 83.9 per cent were successful, representing a rise from 77 per cent last weekend across 803 auctions.
One year ago, 1,114 auctions were held across Sydney and a clearance rate of 71 per cent was recorded.
Looking at the sub-regions of Sydney, the Baulkham Hills and Hawkesbury and Ryde regions recorded the strongest clearance rate of 92 per cent across 23 and 50 auctions respectively, followed by Eastern Suburbs' 92.7 per cent.
A 1900s bungalow at Mosman fetched $5.58 million, making it Sydney's most expensive weekend auction result.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%208.41.16%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-mosman-124763630">12 Edwards Bay Road</a>, (above) the property has been held by the same family for 50 years.
With views over Balmoral Beach, the property was offered through McGrath.
There were 175 Brisbane homes taken to auction this weekend. The preliminary clearance rate for the city is 49 per cent, down from 55 per cent last week and similar to one year ago, when 49 per cent of the 284 properties taken to auction were successful. 
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%208.42.10%20AM.png" alt="">
Brisbane's top priced result was in Wilston where a city-view house sold for $1.55 million, located at <a href="https://www.realestate.com.au/property-house-qld-wilston-124729202" target="_blank">18 Main Avenue</a> (above).
Adelaide recorded a clearance rate of 64 per cent across 105 auctions this weekend, down from 73 per cent across 87 auctions last week. At the same time last year, 145 homes were taken to auction, with 67 per cent recording a successful result.
Perth’s clearance rate of 60 per cent across 58 auctions is up from the previous week, when 26 auctions were held and a clearance rate of 39 per cent was recorded. Over the same week last year, the clearance rate was a lower 36 per cent, and 81 auctions were held.
In Canberra, 113 auctions were held this week, and of the 64 reported results, 76 per cent were successful. Last week, 45 auctions were held and the clearance rate was a lower 67 per cent. This time last year, 119 auctions were held and a clearance rate of 67 per cent was recorded.
A resort style Yarralumla home sold for $2.275 million, making it Canberra’s most expensive sale on the weekend.
<img src="https://www.urban.com.au/images/2017/03/20/Screen%20Shot%202017-03-20%20at%208.43.21%20AM.png" alt="">
Located at <a href="https://www.realestate.com.au/sold/property-house-act-yarralumla-124814718" target="_blank">7 Drummond Row</a>, (above) it was five bedroom home positioned in a quiet, blue ribbon cul-de-sac. 
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Sydney auction market 'relentless', clearance rate nation's strongest

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A one bedroom, one bathroom apartment at Kingsville, some kms from the Melbourne CBD, sold at weekend for $210,000, making it the most cheapest sale across the capital cities.
Located at <a href="https://www.realestate.com.au/property-apartment-vic-kingsville-124745538" target="_blank">2/57 Kingsville Street</a>, the property is a great place to invest with the added addition of an allocated car parking space.
With original proportions it features a living/dining area accompanied by a bright open-plan kitchen zone.
The double bedroom offers built-in robes and an ensuite bathroom.
<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/2017/03/19/2_57%20Kingsville%20Street-2.jpg" alt="">
From a first home buyer perspective there are simple, straightforward options if further renovations are necessary.
Close proximity to Chatfield Street, Cruickshank Park and new cafes.
The property was offered through Jas Stephens Real Estate agent Andy Simpson.
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Kingsville one bedroom apartment sold for $210,000

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Despite a classically miserable March day, Sydney recorded its strongest preliminary auction clearance rate of the year to date on Saturday, according to Domain, at above 82 percent. 
Even if the final clearance rate is revised down a bit, it's clearly a very high result on higher listings, with some big results in the inner suburbs. 
Two of the last four weekends have seen phenomenally high median auction prices, with this weekend's $1,355,000 a little below the record $1,420,000 set four weeks ago but 14 percent higher than a year ago.
On a rolling monthly basis auction prices hit their highest ever level on Saturday.
The Sydney market had clearly lost momentum in the face of macroprudential measures implemented in 2015, but was reinvigorated by two interest rate cuts in May and August 2016.
Melbournites returned from the break with a 78 per cent preliminary clearance rate according to Domain.
<a href="https://www.propertyobserver.com.au/images/2017/03/20/A2-1.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/2017/03/20/A2-1.jpg" alt="">
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Sydney property market sell off 

<a href="https://www.apartments.com.au/developers/hyecorp-property-group">Hyecorp</a> has completed construction of Audrey, its parkside apartment development in St Leonards South, becoming the first residential project within the St Leonards South Precinct to reach completion.

Residents are expected to begin moving into the Canberra Avenue development at the end of June, making Audrey the first opportunity for buyers to take up residence within the emerging precinct.

Positioned at the highest point on Canberra Avenue, directly opposite Newlands Park, the project enjoys protected parkland outlooks and district views that cannot be built out as the precinct continues to evolve.

Unlike many of the larger developments planned across St Leonards South, Audrey comprises just 102 residences, making it one of the more boutique offerings within the precinct. The smaller scale has enabled Hyecorp to place a strong focus on owner-occupier design, resident amenity, and long-term liveability.

[smartcode_project:default project_id=110379 project_image_fid=368333]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, Audrey comprises a mix of three-bedroom apartments and a double-storey five-bedroom townhouse, with many residences positioned to capture views toward the Sydney CBD and Harbour Bridge. The project has been underpinned by a strong focus on design continuity, with Hyecorp working alongside interior designers <a href="https://www.apartments.com.au/interior-designers/jackson-teece">Jackson Teece</a> and landscape architects <a href="https://www.apartments.com.au/landscape-architect/site-image">Site Image</a> to shape both the private residences and shared amenity spaces.

<a href="https://www.apartments.com.au/buildings/audrey-st-leonards-13-19-canberra-avenue-st-leonards-nsw-2065">Audrey</a>’s interiors feature open-plan layouts, floor-to-ceiling glazing, oak timber flooring, bespoke joinery, and large-format stone finishes throughout the kitchens and bathrooms. Integrated Miele appliances, brushed metal tapware, and concealed cabinetry detailing were specified across the residences, reflecting Hyecorp's emphasis on quality and owner-occupier appeal.

The upper levels of the building are home to the Tiffany Collection, a premium offering occupying Levels 12 to 15. The residences include upgraded appliance packages, fluted standalone bathtubs, heated bathroom flooring, custom walk-in robes, and larger internal layouts ranging from 155 to 159 sqm.

[smartcode_project:default project_id=110379 project_image_fid=367164]

Backed by a 30-year legacy, Audrey reflects the experience of Hyecorp, an Australian family-owned developer with an award-winning track record across Sydney. As locals, Hyecorp understands the needs of local communities, creating homes and precincts designed for long-term liveability, connection, and lifestyle.

Despite its boutique scale, Audrey delivers an extensive suite of amenities typically associated with much larger developments. Residents have access to an indoor lap pool and spa, personal training studio, private cinema, music room, rooftop entertaining terrace, residents lounge, and private dining room overlooking the Sydney skyline.

The rooftop terrace and communal lounge spaces were conceived as extensions of residents' homes, supporting a lifestyle-focused environment that encourages wellbeing, flexibility, and community connection.

The project also incorporates a ground-floor café and an integrated daycare centre, adding to the growing mixed-use character emerging across the St Leonards South precinct.

[smartcode_project:default project_id=110379 project_image_fid=198680]

Audrey arrives as <a href="https://www.apartments.com.au/developments/st-leonards-nsw-2065">St Leonards</a> continues its transformation into one of Sydney's most strategically located urban renewal areas. The precinct's proximity to Royal North Shore Hospital and the broader health, research, and commercial corridor has made it increasingly attractive to medical professionals, healthcare workers, and owner-occupiers seeking housing close to employment and transport infrastructure.

Residents are within walking distance of St Leonards Station and the Crows Nest Metro, while nearby retail includes Mall 88, Forum Plaza, Woolworths, and the recently opened Coles supermarket. Nearby green spaces including Newlands Park, Gore Hill Oval, and Naremburn Park further reinforce the area's lifestyle appeal.

As the first completed project within the precinct, Audrey demonstrates the direction of St Leonards South's evolution, combining higher-density living with generous amenity, strong transport connectivity, and access to green space.

A limited collection of premium residences remains available, including spacious three-bedroom apartments, a four-bedroom townhouse and a selection of penthouses.

[smartcode_project_cta:default project_id=110379]

mikah.m@urban.com.au

Hyecorp completes Audrey, first project to welcome residents in St Leonards South Precinct

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>

Staff reporter

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