National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Joel Robinson

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 52-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 52-storey tower, which has just shy of 250 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Australia Post is one of the country’s most trusted institutions, powering one of the largest delivery networks in Australia. As online shopping continues to scale, Australians spent a record $82.6 billion online in 2025, with nearly one in four retail dollars now spent online.

That scale of eCommerce activity has fundamentally changed expectations around how and when parcels arrive, and what happens when someone isn't home.

<h3>Problem solved with Parcel Lockers</h3>

The traditional alternatives to home delivery are far from ideal. Buildings can rely on reception teams to manage deliveries, which introduces ongoing staffing costs and liability concerns. Parcels can be left in common areas, which creates security and aesthetic issues. Or residents are redirected to nearby Post Offices for collection, which shifts the inconvenience rather than solving it.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/dVG5ChLHf7E?si=D9hQRGCBuzlSQBqK" title="YouTube video player" width="560"></iframe>

The data behind that frustration is significant. Nationally, around 9 per cent of deliveries are carded, meaning the recipient was not home and must collect the parcel from a Post Office. That figure reflects the national average reported between November 2025 and January 2026. In Melbourne, that figure rises to 20 per cent. In high-density living, it climbs again to 28 per cent. In other words, more than one in four deliveries in Melbourne apartment buildings results in a failed first attempt.

<h3>How Parcel Lockers work</h3>

The mechanics are simple. When a parcel arrives, the resident receives a notification either through the Australia Post app or via SMS. They scan a QR code, use their one-time PIN and the compartment opens. The parcel is secure, accessible and removed from the lobby floor.

Located in thoughtfully chosen, easily accessible areas, including external building interfaces, mixed-use precincts or shared communal zones, Parcel Lockers enhance convenience without requiring internal building access or additional operational oversight.

<h3>The scale of the network</h3>

This expansion represents Australia Post's largest investment in parcel infrastructure to date, building on momentum that began in 2011 when the first 24 Parcel Locker sites were introduced.

Today the Australia Post Parcel Locker network spans over 1,400 locations and more than 105,000 individual compartments, with major investment already underway to significantly expand the network further.

<h3>What it means for developers and building operators</h3>

A Parcel Locker bank is free to install and free for residents to use. That removes one of the primary barriers to adoption and shifts the conversation from cost to integration.

Australia Post's preference is to engage with developers during the design phase. That allows Parcel Lockers to be located in a considered, publicly accessible space that works for residents and the broader community. Retrofit is possible, and existing buildings can be assessed, but the strongest results occur when Parcel Lockers are treated as part of the core services plan rather than a bolt-on solution.

While the iconic Australia Post red is widely recognised, Parcel Lockers can also be delivered in more muted palettes such as beige or green to align with architectural intent.

For developers, they offer a tech-forward amenity that meets modern expectations, a reduction in courier congestion and building-management load supporting lower emissions and better ESG outcomes, and a meaningful marketability advantage in high-density, eCommerce-active areas, all at no cost for installation and maintenance, with Australia Post funding the program aside from power access.

<h3>Who's using them</h3>

Generational shopping behaviours show strong, sustained growth across all cohorts. Millennials (27–43) led online spend in 2024, contributing nearly $25 billion. Baby Boomers (60–78) increased their online spend by 17.6 per cent, becoming the fastest-growing adopters. Gen Z (13–26) and Gen X (44–59) continue to lean on delivery services as part of their everyday shopping habits.

Internationally, uptake is even more pronounced. Overseas markets are seeing rapid adoption by both developers and consumers, positioning Parcel Lockers as standard infrastructure in many new residential projects. For Melbourne's development community, this signals a shift in baseline expectations. Just as secure bike storage and dedicated parcel rooms have become more common, integrated Parcel Locker networks may soon be viewed as part of the essential service mix.

<h3>The bigger picture</h3>

Parcel Lockers aren't just a logistics fix. Developers invest heavily in lobby design, materials, lighting and landscaping to shape first impressions. Yet a stack of unattended parcels can undo that effort in an instant. Embedding parcel infrastructure early allows projects to respond to how people actually live today, supporting resident satisfaction, reducing operational strain and aligning with broader community and ESG outcomes.

As Belinda Quinn, Senior Transaction Manager – Retail &amp; Out of Home at Australia Post, puts it, residents increasingly expect delivery solutions that align with real life, are flexible, secure and available whenever they need them.

How Australia Post is solving the parcel problem for apartment living

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GUEST OBSERVATION
Once a decision has been made to put a property on the market, thoughts turn to how to get the best return on your investment. To renovate or not to renovate? This is the question vendors often ask, however the answer is not always straightforward.
Pre-sale renovations generally increase the desirability and value of a property and are sometimes necessary to put a property on par with comparable properties on the market in the same area. If planning to spend the time and funds on a makeover though, it is crucial to research and plan in order to get it right. Ensuring any changes appeal to a large percentage of prospective buyers, in addition to meeting the needs of the property’s target market, will help to make any work done a valuable undertaking.
Herewith, some fundamental (but often overlooked) rules to help vendors determine whether renovating prior to sale will be a profitable activity.
<ul>
<li>
Don’t spend more than you can recuperate  Deciding whether or not to invest in renovations prior to putting your property on the market, and how much you should spend if you do, is a tricky decision. If you spend too little your efforts may look cheap and defeat the objective of renovating in the first place. Spend too much and you may not recuperate what you’ve invested come auction day. The general rule is, if you can make $3 for every $1 you spend it’s probably worthwhile.
</li>
</ul>
<ul>
<li>
Kitchen and bathrooms are the place to spend money  Kitchens and bathrooms are two areas of a house that tend to have the largest impact on sale prices, so it can pay to update these rooms prior to sale. With this said, these types of renovations can be costly. At minimum, ensure both your bathroom and kitchen are in a functioning order and present well. 
</li>
<li>
Factor in market conditions  It’s important to select an agent who has experience not only selling in your area, but more importantly, in your suburb. A knowledgeable agent should be able to advise on comparable properties for sale in an area and indicate how worthwhile a renovation to your property would be. It makes good business sense to keep your property within an equivalent price range to others in the area, but with some stand out features. 
</li>
<li>
Street appeal Front of house is important when it comes to real estate - spend time cleaning the windows, clearing gutters, painting where necessary and tending to the garden. These minor alterations can have a significant impact come auction day. 
</li>
<li>
Judge taste  If you chose to renovate, remember you are doing it to make the property more attractive. Therefore, in order to appeal to the masses it’s best to stick to neutral colour schemes and clean lines. 
</li>
<li>
Don’t necessarily go the whole distance  Sometimes a good spring clean and a coat of paint is all a property needs to attract more buyers. Again, making this decision comes down to analysing first whether or not you can recuperate what you spend.
</li>
</ul>
When it comes to making the decision over whether or not to renovate, it is important to bear in mind that a renovation does not necessarily guarantee a profit. By doing some research and working closely with your real estate agent you can ensure the dollars you invest will be recouped come sale day.
Paul Bond is a director at <a href="https://www.hodges.com.au/" target="_blank">Hodges </a>Sandringham.
</body></html>

PaulBond-dUGFBy7tut

To renovate, or not to renovate before selling? Six rules to help you decide: Paul Bond

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GUEST OBSERVATION
If the popularity of television shows like The Block is anything to go by, Australians don’t just love our homes – we also love to decorate, renovate and generally improve them.
If you’re bitten by the renovation bug, rest assured, a well-planned renovation can give your lifestyle - and your home’s value, a welcome boost. The key is to focus on improvements with broad market appeal, and give careful thought to how you will fund the project, something that is often glossed over in renovation shows.
To avoid overcapitalising - where you spend more on the renovation than the value it adds to your home, consider the market in your area to be sure your improvements will fit in. Adding a fourth bedroom for instance, can make sense if you live in a family-friendly suburb, less so if you’re in an area popular with young singles.
Next, put your hard earned cash to work where it will deliver the greatest benefit. High quality kitchen and bathroom renovations almost always add value to a property. The same can’t be said of outdoor spas or swimming pools, which can be high maintenance and don’t always deliver a fiscal return.
It’s also worth thinking about eco-friendly renovations. Home buyers can’t get enough of ‘green’ features like rainwater tanks, energy efficient appliances and drip-feed irrigation systems. Along with adding value to your home, you’ll also save on utility bills.
Planning a renovation is exciting, but before thumbing through colour charts or carpet samples, it’s critical to think about how you will pay for it all. Your home loan is a valuable tool here offering a low cost source of funds, and there are a number of options to weigh up.
If you’re ahead with your loan, a redraw facility provides easy access to those extra payments. If you need a little more cash, a home loan top up could be the solution. This simply means bringing your loan back to its original level – or borrowing a bit extra, and it’s a far simpler process than refinancing to a new loan.
A top up works best for non-structural improvements like painting, adding new floor coverings, or kitchen and bathroom makeovers. The funds are generally paid directly to you, providing the flexibility to complete the project in your own time.
For structural renovations like adding a new extension or an extra floor, a construction home loan can be the answer. Lenders will ask to take a look at your building plans, so you’ll have the benefit of an extra set of eyes checking the quality of your project. Funding is then provided as a series of drawdowns as various stages of the project are completed. The beauty of this approach is that you only pay interest on the funds drawn down.
Patrick Nolan is a home loans expert with <a href="https://www.mebank.com.au/" target="_blank">ME Bank</a>.
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PatrickNolan-Yjmguhh735

Boost your home’s value through renovation: Patrick Nolan

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Returning Block couple Deanne and Darren have selected veteran auctioneer Damien Cooley to sell their apartment on this season of The Block.
Their decision is no surprise, given Cooley <a href="/news/the-strategy-that-won-simon-and-shannon-the-block-glasshouse">secured the winning sales price</a> for brothers Shannon and Simon last season. Their $1.9 million apartment delivered them a profit of $335,000, $325,000 higher than Deanne and Darren's.
The "Triple Threat" moniker for this series seems to extend to Cooley. He's a three time Block winning auctioneer (selling Shannon and Simon's, Andrew and Jamie and Phil and Amity's apartments), who also happens to be tossing up between <a href="https://www.propertyobserver.com.au/https://twitter.com/damiencooley/status/562854250464956417" target="_blank">running three marathons this year</a>:
<img src="/images/2015/02/18/Picture%2050.png" alt="">
In total, Cooley has appeared on The Block six times, making him the most popular auctioneer on the show. This time, he's teaming up with Andrew McCann and Carla Fetta from Jellis Craig.
Fetta and McKann, who worked with Cooley to sell Shannon and Simon's apartment on The Block Glasshouse, said: "The combination of Damien's auctioneering skills paired with Jellis Craig's marketing and a great local presence with the South Yarra Office definitely makes us a dominating team for this series."
Cooley points to the team's track record, saying: "Andrew McCann and Carla Fetta were instrumental in last years win and Darren and Deanne recognised us as a formidable force in this series."
After their disappointing result on The Block Glasshouse, Deanne and Darren say they "realised the importance of an auctioneer".
"We went into this series six days later and he was the first phone call that I made – we wanted to lock him in straight away. He is the best of the best."
They're hoping Damien can help them get "every last dollar".
Cooley debuted on The Block in season two, auctioning the winning apartment of Andrew and Jamie. The then couple earned $78,000 plus an additional $100,000 winner's prize.
He then returned for season three, auctioning Mark and Duncan's renovated apartment. The duo made the lowest profit of any of the teams that season, with a $47,000 profit.
But Cooley was vindicated with the sale of Phil and Amity's apartment in The Block All Stars. The winning couple made a $295,000 profit when Cooley secured a $1.67 million bid for the two bedroom Bondi apartment.
Cooley also auctioned Matt and Kim's apartment on The Block Sky High, delivering a $1,205,000 million price for the couple, who took home a $250,000 profit.
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jrichardson-uRX5hFdKfN

Dea and Darren decide on Damien Cooley for The Block Triple Threat

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North Ryde's houses recorded the strongest median price growth of those in any Sydney suburb in the latter part of 2014, according to Domain Group senior economist Andrew Wilson.
Between the six months to December 2013 and the same period in 2014, North Ryde's median house price jumped 34.9% to $1.25 million.
Wilson attributes much of the growth in large part to rezoning measures, which now allow high rise development along railway lines in North Ryde and Epping, <a href="/news/nsw/the-11-sydney-areas-every-property-investor-should-know-urban-activation-precincts">among other areas in Sydney</a>.
"That's caused quite a bonanza of activity for the homeowners who have been in the rezoned areas", Wilson tells Property Observer.
In 2013, the state government announced North Ryde as one of eight areas in its urban activation precincts program. A 12.5 hectare site, set around 15 kilometres north-west of the city and bounded by the M2, Epping and Delhi roads, was identified as under-utilised.
The strong demand in areas of North Ryde has largely come from developers, says Wilson.
"We've seen a real land-rush from developers trying to secure properties in those areas."
While he notes that the area has "been a strong market for the Chinese community as well", Wilson says "developers are really climbing over themselves to secure property".
Home owners have notably taken advantage of developer interest in the area, with one group of eight residents selling their properties in one line for <a href="https://www.afr.com/p/business/property/residents_in_bonanza_brKDKdsHAAkThFj8UzuleN" target="_blank">$30 million to developers last year</a>.
In May, a developer, Great Wall Investments Pty Ltd, purchased two neighbouring properties at <a href="https://www.realestate.com.au/property-house-nsw-north+ryde-116913931" target="_blank">43 and 45 Jopling Street, North Ryde</a> (pictured below).
<img src="/images/2015/02/09/north%20ryde%20feb%209%20one.jpg" alt="">
The vendors were two residents who had been living side by side for around 30 years, according to agent Ben Boutros. He estimates that each property might have sold for $1 million separately. Together, the two homes sold for $2,887,000, with each seller taking home a 50% share.
Great Wall Investments now plans to build seven villas on the site, with applications lodged for two three bedroom two storey units, three single storey three bedroom units and two two bedroom units.
The results are indicative of what Wilson calls "insatiable demand" in the North Ryde and Epping area since they've been rezoned.
The plans to redevelop the station precinct in North Ryde may be a driver of price growth throughout the suburb, with enhanced public transport, jobs and improved public spaces promised by the New South Wales government.
<a href="https://www.realestate.com.au/property-house-nsw-north+ryde-118328587" target="_blank">4 Beatrice Street in North Ryde</a> (pictured below) sold in North Ryde for $1.27 million in November. In April 2010, it sold for $850,000, a difference of $420,000 (49.4% growth) in three and a half years.
<img src="/images/2015/02/09/north%20ryde%20feb%209%20two.jpg" alt="">
After 15 years of ownership, the vendors of <a href="https://www.realestate.com.au/property-house-nsw-north+ryde-118242887" target="_blank">50 David Avenue</a> (pictured below)  sold the property for $1.45 million late last year. They paid just $172,000 in January 2000, with 743% growth over the 15 years. <img src="/images/2015/02/09/north%20ryde%20feb%209%20three.jpg" alt="">
The investment property is currently rented advertised to rent at $525 per week, reflecting a rental yield of 1.8%.
Wilson notes North Ryde's market performance is in part due to "the overall Sydney zing", with low interest rates, buyer confidence and a strong local economy propelling prices. However, according to Wilson, prices have been "exacerbated by a lot of developer activity". 
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Rezonings help North Ryde become Sydney's hottest suburb

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It seems Sydneysiders have tired of The Block Melbourne.
There has been a marked deterioration in Sydney metro viewers with the latest series, its 10th season. Last night, The Block's Triple Threat overall metro viewership slumped to its lowest audience yet, 739,000 and sitting outside of the metro top 10 shows of the night.
The Block series trends - Sydney Only
<img src="/images/2015/02/04/block-feb-4-two.png" alt="">
Source: OzTAM (Metro).
There were just the 208,000 Sydney viewers last night, while in Melbourne 270,000 tuned in to what appears to be the very elongated introductory elimination episodes. Up against the tennis on its debut there was a 223,000 Sydney audience with 283,000 tuning in from hometown Melbourne.
Perhaps everyone is awaiting Deanne Jolly's arrival, with Darren in tow, but Triple Threat has not got off to a good start, only five episodes in and it’s by far their poorest Sydney audience.
The first four episodes of Triple Threat contrasted to the first four of Glasshouse – it’s down 40%.
Cheaper property acquisitions has been offered as the major reason The Block has been based in Melbourne for several years now, but it is also on the back of close relations built up with planning authorities, councils, suppliers and tradies, such as former contestant turned 'foreboy', Dan Reilly.
They have fitted so well into Melbourne they even managed to stop the trams along the number 6 High Street route on their Prahran Glasshouse open day last year.
The series arrived in Melbourne for its bitter-sweet Richmond series in 2011 and has only been back in Sydney once since 2011, the cottages on the hillside at Bondi, delayed after months of Waverley Council haggling. The series had started in 2003 at Bondi Beach, then went elsewhere within Sydney to Manly and Vaucluse.
The first three Sydney seasons of The Block aired once weekly.
And with The Block Octogon series coming up, again in South Yarra, it doesn't look like Sydney is on their immediate radar, although wikipedia says season 11 will be in Sydney without any confirmation. No apparent purchases through Watercress Productions appear to have been made in NSW.
Last night, My Kitchen Rules had a 1.4 million five capital city audience in top spot, with a 414,000 Sydney audience and 379,000 in Melbourne. Channel Ten’s best was I am a Celebrity Get Me Out of Here back on 685,000, continuing on its downward spiral.
Tonight, Wednesday The Block goes up against My Kitchen Rules contestants, the Blue Mountain based Texan cattleman and his heart-breaker daughter.  
UPDATE: The Block attracted 683,000 metro viewers on Wednesday with just the 179,000 Sydney viewers. MKR won with 471,000 Sydney viewers amid the 1.69 million in the OzTam five city metro ratings. Fast disappearing into the jungle, I am a Celebrity wained to 588,000 with 169,000 viewers in Sydney.
{mijopolls 87}
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jchancellor-FAypfDUnLy

Sydney audiences shun The Block's lengthening Melbourne residency

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A triple level set of South Yarra townhouses is the set for the latest series of The Block.
Last night's premiere introduced audiences to the show's six new couples, who will be whittled down in elimination rounds to finally compete against one of three returning couples.
From Busselton in Western Australia come Luke and Ebony, pictured below. Ebony is a 23 year old interior designer, while Luke is a carpenter. Host Scott Cam reminds us that they are something the Block has never had before – a brother and sister team.
<img src="/images/2015/01/28/luke%20and%20ebony.jpg" alt="">
Victorian cousins Brooke and Aimee have the least renovation experience, with one a 000 call operator, and the other a full time mother (pictured below).
<img src="/images/2015/01/28/brooke%20and%20aimee.jpg" alt="">
Given The Block's punishing three weeks of elimination rounds before the game begins proper, they may be the sacrificial lambs of the series. Cam again notes that they are a Block first, as cousins (lest you think they and their fellow contestants seem exactly the same as every other person who has ever graced the set of The Block).
Tim and Anastasia, pictured below, are from South Australia.
<img src="/images/2015/01/28/tim%20and%20anastasia.jpg" alt="">
Tim describes Anastasia "in one word" as "hard working", noting that she "can probably put most blokes to shame with the effort she puts in". In the world of The Block, this is very impressive (just ask "hardest working woman in Block history" Jenna, from The Block Glasshouse).
Ayden and Jessica, pictured below, hail from Queensland.
<img src="/images/2015/01/28/ayden%20and%20jess.jpg" alt="">
Ayden is a self employed cabinet maker, while Jessica is a sales manager. Having previously renovated a house, they now own a block of land which they plan to build a home on.
From Manly are JJ and Mark, a structural landscaper and a property developer, pictured below.
<img src="/images/2015/01/28/mark%20and%20jj.jpg" alt="">
They have renovated external areas of their Queenscliff apartment.
Charlotte and Josh, below, are also from Manly. Charlotte is a food stylist and caterer while Josh is a carpenter. The couple look like they could be the Kyal and Kara, or Maxine and Karstan, or Jessica and Mark, of The Block Triple Threat.
<img src="/images/2015/01/28/josh%20and%20charlotte.jpg" alt="">
The teams' first challenge is to design and renovate a bedroom in 24 hours. Three of the six teams introduced will be eliminated at the end of the week, after renovating three rooms: a bedroom, a living and dining room and a bathroom.
They are given $10,000 to produce their first bedroom. What ensues is a lot of driving around, gasping at the modest brick townhouses, questionable decisions regarding suspended chairs, pendant light shopping (a Block staple).
The results of their labour, of course, were not revealed in the premiere episode, with producers saving that for tonight. With all this drawn out drama, The Block's triple threat may be the three long weeks of elimination rounds – which might just test the patience of viewers.
{mijopolls 83}
All pictures courtesy of Channel 9.
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The Block returns with the premiere of Triple Threat

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An 860,000 debut audience for latest reality renovation series, The Block Triple Threat, was no match for Seven's tennis coverage last night.
Seven achieved up to 1.7 million watching Kyrgios v Murray. The soccer audience, a combined ABC and Fox Sports, exceeded The Block too.
It was the weakest launch for a series of The Block ever. Maybe everyone is awaiting Darren and Dee!
Last January the Channel 7 series, My Kitchen Rules, easily won the 2014 reality television blockbuster's debut up against The Block on Channel 9.
The initial 2014 OzTam ratings had the MKR audience at 1.67 million.
The Block Fans v Faves in 2014 secured a very respectable 1.14 million opening night five capital city audience.
The premiere of The Block Glasshouse attracted 1.374 million viewers.
The Block Sky High series debuted with 1.312 million in 2013.
Last night's 2015 debut in South Yarra was the 10th season for The Block which began in 2003 at Bondi Beach.  
No sign yet of any promotion for the Johanna Griggs hosted House Rules next series on Seven, whose debut second series debut was triumphant with 1.18 million metropolitian viewers, according to the OzTam ratings.
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Seven's tennis smashed The Block, which posed no opening night threat

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The three teams of returning contestants won't be the only "triple threat" joining the next series of The Block.
For The Block Triple Threat, regular judges Neale Whitaker, Shaynna Blaze and Darren Palmer will be joined by buyer's agents Frank Valentic from Advantage Property, Nicole Jacobs from Jacobs Buying Group and Greville Pabst from WBP Property Group.
Both Valentic and Jacobs have bid on the behalf of buyers in previous season of the show, while Pabst regularly appears on A Current Affair ahead of the auctions to evaluate the properties.
Executive Producer Julian Cress told <a href="https://www.news.com.au/entertainment/tv/channel-9-makes-shock-changes-to-the-block-triple-threat-after-auction-disaster-on-last-years-series/story-fn8yvfst-1227188716170" target="_blank">news.com.au</a>: "Everyone has an opinion on the rooms and the apartments on The Block but no one's opinion matters more for the contestants than the actual buyers on auction day."
"We thought giving them some feedback from people who might be ultimately bidding on their apartment would be a valuable addition to the program."
The decision to bring on buyer's agents as judges has been widely interpreted as a response to <a href="https://propertyobserver.com.au/finding/residential-investment/sales-and-auctions/36684-b-grade-high-street-prahran-location" target="_blank">last season's finale</a>, where two of the couples earned $10,000 and another pocketed $40,000, after three months of work.
But smart contestants for several series have been utilising the views of local agents from the preliminary planning to ensure their apartment matches local buyer demographics.
{mijopolls 80}
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Leading Melbourne buyer's agents join The Block Triple Threat

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Property developer Stockland is set to construct two new residential towns on the Melbourne metropolitan fringe.
Stockland will commence construction in the next few months on its $4.6 billion Cloverton residential development 35 kilometres north of Melbourne, creating 11,000 new homes.
Previously known as the Lockerbie sheep station, the 30 year project has been described as the largest masterplanned residential community development it has ever undertaken in Victoria.
It is on 1,141 hectares at Kalkallo in Melbourne’s northern growth corridor, on the eastern side of the Hume Highway. The site encompasses parts of the Hume, Whittlesea and Mitchell LGAs.
More than 30,000 residents are expected to take up residence in Cloverton. The first land sales will occur shortly with settlements scheduled in the 2016 financial year.
Andrew Whitson, the CEO residential at Stockland, said the project was aligned with the economic opportunities that existed in Victoria, given the state’s 21.4% contribution to national GDP and 24.8% share of the national population.
Whitson hopes Stockland can replicate and expand on the success achieved at the multi-award-winning <a href="/expert-insights/building/stockland-s-highlands-residential-community-in-craigieburn-to-be-blueprint-for-all-future-projects">Highlands residential community at Craigieburn</a> where public-private partnerships facilitated the construction of a regional hospital, childcare facilities, new public and private schools, and a regional tertiary institution, the Hume Global Learning Centre.
Craigieburn's Highgate Reserve features an MCG-sized football oval and hosts regular VFL games. The Richmond Football Club have also used the ground as a second training facility.
The Lockerbie Sheep Station was purchased by Stockland for around $300 million, Australia’s largest ever individual land transaction when announced in 2010. The Burgess family had previously been in exclusive negotiations with developer, Delfin Lend Lease, for development rights, but the deal did not get to requisite signatures.
The furniture making Burgess family had bought the bulk of the property in 1979, paying about $920,000, with the property sold by the daughters.
Stockland has also acquired 65 hectares of residential zoned land at Clyde North in Casey, in the south-east of Melbourne.
The group said it will create a new masterplanned community at the site over a six-year period, with around 800 new homes, at a $128 million development cost.
Stockland said construction on the project in the Clyde Creek Precinct Structure Plan area will begin in 2017, with the first settlements in the 2019 financial year.
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Stockland plans house and land city north of Melbourne

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Hi Jo,

I am considering converting an existing block to dual occupancy.

I own the block (and house on it) outright. The block is 1,100 square meters in area.

The existing house is at one end of the block and dividing the block in half would still leave a meter between the existing house and a dividing fence.

The block is a corner block and there is provision for a second driveway in the other street.

The zoning in ACT almost precludes subdivision from most blocks. On the ACT Land map it actually has an address for both halves of the block, so my guess is that it was originally proposed and two blocks.

I have verbal approval to commence “the journey” from the ACT authorities.

But I have a question: Where to from here?

Regards,

Jeff

Australian Capital Territory

Hi Jeff,

It is interesting that there are already two driveways and street addresses, you may find there was a DA approved to subdivide at one stage, was not registered and may have lapsed. If so, then there may also be service connections.  It is worth making enquiries with council on this as it will save you money if some of the works have already been completed. 

If you were allowed to complete the subdivision of the land, including having it registered, this may save you paying a Section 94 Contribution that may be payable on a dual occupancy project. You can then build a new dwelling on the newly created lot without it impacting on the original house lot.

The best way forward for you is to use a local surveyor to manage the subdivision of your land. They will understand your local council's requirements.

You will need to allow for adequate private outdoor living space for the existing house and the surveyor can advise you on this and potential setbacks.

[smartcode_project:default project_id=5873]

The surveyor will be able to quote to manage the entire process, including getting quotes to extend the sewer and other service connections (if they are not already in place). It's important you understand the costs of subdividing.

To give you an idea, Property Bloom usually allows around $30,000 for a Torrens title subdivision of a large corner lot like you have described.  The cost will of course vary based on service connection works required, how far the sewer needs to extended and any upgrades to services that may be needed (if it is in a really old suburb).

Is the land kerbed and guttered on both sides?  If not, then one thing to look out for having council request you do these works. It's something you can check with the council town planner.  You will also need to provide drainage for the newly created lot, so the slope of your block is important. The surveyor will advise you on this.

[smartcode_project:default project_id=24767]

If you are going to lodge a DA for a dual occupancy and subdivision then a good builder may include the subdivision as part of their works and contract. This will mean you can finance works by way of a construction loan.  This is also a faster process than subdividing up front (which you cannot do anyway based on zoning) and you can lodge one DA for the building and the subdivision works. Again, check this with your local council as they all have different requirements.

I would also look at building a duplex (two attached dwellings) on the new lot rather than a single house as this will add more value and should create some good equity.

Good luck, I hope all goes well,

Jo

<a href="https://www.propertybloom.com.au" target="_blank">www.propertybloom.com.au</a>
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