A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Joel Robinson

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

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

<html><body>
Mosman, the Point Nepean region and Albert Park have notched up the highest level of residential renovation approvals over the past year.
The number of Australian home owners undertaking renovations on an annual basis has hit a recent four year, post-GFC high, according to research released by Westpac.
Some $600 million worth of residential renovations and conversions were approved in August 2014. 
Westpac noted of home owners who renovate to make extra room, more than a third choose to renovate instead of move as they do not want to pay stamp duty fees (36%) or do not want the inconvenience or cost of moving home (36%). 
But the key is that 71% simply want to stay in the same area.
The Westpac Renovation Report, compiled by RP Data and Sweeney Research, has Sydney's Mosman with $76 million as the most renovated location (by value approvals) in Australia. No details are given as to the number of houses under renovation.
The Victorian Point Nepean region - around Portsea and Sorrento - came in second with more than $41 million in residential approvals over the past year for the pricey location at the most westerly point of the Mornington Peninsula, in Victoria.
“Favourable market conditions across Australia means that many home owners have seen the value of their properties rise.
"As a result, one quarter of Australians have been able to service additional borrowings to tap into this added value and extend or improve their home further and stay in their preferred location rather than moving to a bigger home elsewhere,” said Gai McGrath, Westpac general manager of retail banking.
While 64% of renovators still finance their home improvements through savings, some 26% of those aged 18-54 are choosing to finance their renovations by increasing or topping up their home loan.
“Existing home owners who may once have looked to upgrade into a new home are choosing instead to renovate, adding desired rooms, features and cosmetic changes," Gai McGrath said.
“This can be a smart investment strategy as it means avoiding the costs associated with upgrading to a new home, like moving services and stamp duty.
“If you are renovating, not only are you improving your current surroundings and tailoring your home to suit your needs, but it can also add value to your property if you come to sell in the future.”
Top areas for renovation (by value) in Australia over the past 12 months (RP Data):
<table style="width: 460px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" nowrap width="229">
SA2 Region
</td>
<td valign="top" nowrap width="96">
State
</td>
<td valign="top" width="192">
Value of residential approvals 12 months to August 2014
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Mosman
</td>
<td valign="top" nowrap width="96">
NSW
</td>
<td valign="top" nowrap width="192">
$76,357,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Point Nepean
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$41,765,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Albert Park
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$41,371,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Brighton
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$35,255,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Coogee - Clovelly
</td>
<td valign="top" nowrap width="96">
NSW
</td>
<td valign="top" nowrap width="192">
$33,468,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Richmond
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$32,341,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Toorak
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$32,083,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Hawthorn
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$31,714,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Malvern - Glen Iris
</td>
<td valign="top" nowrap width="96">
VIC
</td>
<td valign="top" nowrap width="192">
$31,692,000
</td>
</tr>
<tr>
<td valign="top" nowrap width="229">
Willoughby - Castle Cove - Northbridge
</td>
<td valign="top" nowrap width="96">
NSW
</td>
<td valign="top" nowrap width="192">
$29,259,000
</td>
</tr>
</tbody></table>
RP Data compiled Australian Bureau of Statistics dwelling approvals data from 2004 to present, using projects where the value of work done was at least $10,000. 
</body></html>

jchancellor-FAypfDUnLy

Mosman, Portsea and Albert Park are reno central

<html><body>
With the amount of popularity renovation shows multiplying over the last decade, many people now chose to go down the DIY path to spruce up their homes and investments.
Last year the value of alterations and additions to residential buildings was estimated to be over $500 million, according to the Australian Bureau of Statistics.
All up, investors are claiming $25 billion worth of rental reductions every year.
With the help of Tyron Hyde and his book, <a href="https://www.claim-it.com.au/" target="_blank">Claim It! A Property Investor’s and Developers Guide to Depreciation</a>, Property Observer takes a look at 10 depreciation considerations for every renovator.
<img src="/images/2014/07/04/yellow-one.jpg" alt="" style="float: left;">What you are claiming?
Around June every year the Australian Taxation Office (ATO) issues a warning to property investors to be careful about what they claim. Their major warning is aimed at people who are claiming repairs. Investors often claim repairs that are illegitimate. Things such as renovations or replacing broken features are not repairs; rather they are capital improvements, something that an investor cannot claim. This can be a gray area and can get quite confusing.
Consider these questions before deciding whether you can claim the work as a repair or whether you need to depreciate the work over time:
<ul>
<li>Was the work related to the wear and tear of the property while it was an income producing asset for you?</li>
<li>Were the repairs carried out when you initially brought the property? If so, these are defined as ‘initial repairs’ and cannot be claimed as an outright deduction.</li>
<li>Did you replace a whole item in its entirety? If so this is not a repair</li>
<li>Did you improve the material when you carried out the work? If so, this is called a capital improvement, not a repair, and is to be depreciated. </li>
</ul>
Source: Tyron Hyde, Claim It!
<img src="/images/2014/07/04/yellow-two.jpg" alt="" style="float: left;">There is more to making a profit than just a good renovation
One of the major mistakes investors make is having a mindset of: “The faster the completion, the sooner the returns”. Although in some cases this is true, at other times investors are so fixated on improving their properties that they miss out on gains that they could have been getting even while they are still planning out their renovations.
The point is to always be on the lookout for things that can turn a profit.
<img src="/images/2014/07/04/yellow-three.jpg" alt="" style="float: left;">What are you getting rid of?
Throwing away items that can later be claimed as depreciation assets is a mistake that investors commonly make. When renovating a property, its old unusable features (e.g. an old dishwasher) can still be claimed as a tax deduction. In the situation where the item cannot be recovered after being thrown out, with photographic proof and the help of a quantity surveyor it can still result in you gaining some return on the item.
It is important to note that the property must have been earning income for some time before the purchase was made in order to claim any residual or scrapping value. 
<img src="/images/2014/07/04/yellow-four.jpg" alt="" style="float: left;">Identify the values of your items
The values of old items in your property are the basis of the tax deductions you can get at the end of the first year of ownership. Without these values no tax deduction can initially be calculated.
So before throwing away old items in your income producing property identify the original values of these items by holding an inspection with a quantity surveyor.
<img src="/images/2014/07/04/yellow-five.jpg" alt="" style="float: left;">Finishing a depreciation schedule in time
The depreciation schedule you get on your property before renovation starts backs up your depreciation claims on old assets. It doesn’t back up any new assets put in once the house has been renovated. In order to claim these new assets a new depreciation schedule must be conducted before renovation finishes.
Article continues on the next page. Please click below.
 
<hr class="system-pagebreak">
<img src="/images/2014/07/04/yellow-six.jpg" alt="" style="float: left;">Know what can be written off
Once renovations have been completed many investors think they can start writing off any newly installed assets, but this is not the case. A new item has to depreciate over its useful lifetime or the time frame specified for that item to last, before it needs replacing. As mentioned earlier you can run into many problems with the ATO when trying to claim something that is not a repair.  
<img src="/images/2014/07/04/yellow-seven.jpg" alt="" style="float: left;">Items you can’t depreciate
Although we can claim the depreciation of a property investment as a tax deduction not all construction costs are eligible to be claimed.
Here are some of the things that don’t qualify:
<ul>
<li>Demolition costs</li>
<li>Site clearing- It is important to note that excavating the site for a basement can be claimed as that’s considered part of the new basement </li>
<li>Landscaping- Landscaping elements such as retaining walls and concrete elements can be claimed. Plants don’t qualify- If it grows, you can’t claim it.</li>
<li>Developers profit</li>
</ul>
Source: Tyron Hyde, Claim It!
<img src="/images/2014/07/04/yellow-eight.jpg" alt="" style="float: left;">Depreciation on older properties
For properties built before July 1985 you cannot claim any building depreciations. But if a property built before this time is then later renovated you can, in most instances claim depreciation on the renovation. As long as the renovation took place after 1985, you are entitled to depreciate them.
A renovation on an older property that includes carpets, new blinds, a new bathroom and a new kitchen could cost up to $25,000. These assets can have big depreciation returns because the items being replaced have a relatively low effective life, this is the reason they needed replacing in the first place. Depreciation benefits like this can be up to $5,000 to $7,000 in just one year.  
Source: Tyron Hyde, Claim It!
<img src="/images/2014/07/04/yellow-nine.jpg" alt="" style="float: left;">Factors that the ATO use to categorise items under building or plant allowance
You can choose the effective lifetime or depreciation rate of an item that comes under the plant allowance. But for items that come under the building allowance category they must be claimed at 2.5 percent per annum. By knowing how the ATO choose what assets go into what category you can get a better understanding of what claims you can get on your assets.
The ATO determines which items go into each category based on factors such as:
<ul>
<li>The degree of affixation to the property</li>
<li>The physical life of the asset</li>
<li>Manufacturing specifications</li>
<li>Industry standards</li>
<li>The level of repairs by users of the asset</li>
<li>If the asset is leased</li>
</ul>
Source: Tyron Hyde, Claim It!
<img src="/images/2014/07/04/yellow-ten.jpg" alt="" style="float: left;">The Tax Commissioner believes the “manufacturing life” doesn’t necessarily equal the effective life
This is important to consider because the Tax Commissioner determines many assets to last for 40 years when they might not necessarily last that long.
Here is a list of items that the Tax Commissioner believes will last for 40 years but most likely won’t:
<ul>
<li>Kitchen cupboards</li>
<li>Light fittings</li>
<li>Shower Screens</li>
<li>Taps</li>
<li>Vanities</li>
<li>Floor and wall tilings in wet areas</li>
<li>Wet areas ceilings</li>
<li>Painting</li>
</ul>
Source: Tyron Hyde, Claim It!
What the tax commissioner fails to understand is that not only do some of these items fail to be effective for 40 years but also, in many cases these items need to be updated for style reasons as investors need modern assets to attract new tenants. 
It’s good to know what you’re entitled to and if you don’t find someone who does who can help you.  
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About to renovate? The 10 depreciation considerations for every investor

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Selected former contestants of the Channel 9 reality show The Block are rumoured to go head to head against former contestants of the Channel 7 show, House Rules in the ultimate television renovation showdown next year.
Title Tattle gleans the new show, Renovation Rumble will be on Channel 9 next year, to be hosted by Scott Cam who will no doubt try to make sports announcer Michael Buffer's trademarked catchphrase, "Let's get ready to rumble!" his own.
The series is said to be produced by Watercress Production's Julian Cress and David Barbour.
Viewers will also get two series of House Rules and two of The Block in free to air television reality renovation overload next year. 
The Block was the DIY stalwart having kicked off in 2003 at Bondi Beach, but then regularly beaten by the Joanna Grigg's compered new kid who, after a slow start in 2013, often stole the ratings top spot in the fierce war for viewers.
My Kitchen Rules was the most popular series on Australian TV this year, peaking at 1.93 million viewers, according to a recent list published by if.com.au. Episodes of The Voice, The Block Glasshouse, The Block: Fans vs Faves and House Rules figured in the top 14.
<ol>
<li>MY KITCHEN RULES - TUESDAY 1,929,000  </li>
<li>MY KITCHEN RULES - MONDAY 1,901,000  </li>
<li>THE VOICE – TUESDAY 1,892,000  </li>
<li>THE VOICE - SUNDAY 1,851,000  </li>
<li>MY KITCHEN RULES – WEDNESDAY 1,846,000  </li>
<li>MY KITCHEN RULES – SUNDAY 1,769,000  </li>
<li>THE BLOCK GLASSHOUSE – SUNDAY 1,632,000  </li>
<li>THE BLOCK: FANS V FAVES – SUNDAY 1,628,000  </li>
<li>HOUSE RULES – REVEAL 1,582,000  </li>
<li>THE VOICE – MONDAY 1,563,000  </li>
<li>LOVE CHILD 1,466,000  </li>
<li>HOUSE RULES – TUESDAY 1,428,000  </li>
<li>RESURRECTION 1,412,000  </li>
<li>HOUSE RULES – WEDNESDAY 1,386,000 </li>
</ol>
Source:  if.com.au
The 2015 Renovation Rumble show has not been confirmed by Channel 9, but leaked out via Channel 7.
There has been considerable scepticism questioning why Channel 9 would want to draw attention to a top rating rival Channel 7 show especially one that will be on twice next year. 
Title Tattle would pinpoint the vast location most likely for the showdown renovation would be <a href="/expert-insights/building/confirmed-the-block-makes-octagonal-south-yarra-hotel-reservation">t</a><a href="/expert-insights/building/confirmed-the-block-makes-octagonal-south-yarra-hotel-reservation">he eight level, 34-room</a><a href="/expert-insights/building/confirmed-the-block-makes-octagonal-south-yarra-hotel-reservation"> octagonal-shaped Hotel Saville in South Yarra</a> which has been purchased by the production company of Channel 9’s The Block.
The $6.25 million sale had been suspected since June, but confirmed only recently with the Watercress Production Pty Ltd settlement documents seen by Property Observer.
Despite its obvious noteworthy architectural shape, the former hotel attracted enduring notoriety as in 2002 it was alleged Reservoir man Shane Chartres-Abbott violently raped a client in a hotel suite, with part of her tongue missing.
The gigolo Chartres-Abbott was arrested shortly after the attack with the victim's blood on his pants and her phone in his bag. With the forensic evidence, medical reports, the victim's testimony and witness statements, Chartres-Abbott presented a bizarre, headline-grabbing defence that he was a 200-year-old vampire.
Chartres-Abbott was subsequently executed outside his Reservoir home in 2003 as he left for the County Court during the rape trial.
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Renovation rumble showdown with The Block contestants v House Rules contestants?

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Stockland has launched a $640 million masterplanned community in the Wyndham growth corridor, 30 kilometres west of Melbourne.
The Grove at Tarneit sold all 55 of the available blocks on the first day of the release.
The blocks ranged in size from 333 square metres to 554 square metres and were priced from $158,200 to $225,500. 
The weekend success will be the first of 2,500 new homes in Tarneit.
The first residents in the 234-hectare community are expected in the second half of 2016. 
The Grove will offer completed homes, house and land packages along with medium density housing.
There will be 54 hectares of parkland on a site bordered by the Werribee River and Davis Creek.
Residents will have easy access to the city via the Werribee train line and the new Regional Rail Link, which is due to open in April next year.
The announcement came a day after Stockland revealed its best residential sales quarter in four years.
Its results were buoyed by improved profits from its residential business which achieved a 12.5% increase in lot sales and ended the year with a record number of contracts in hand. 
The new community at The Grove will include a 3.8-hectare town centre with a neighbourhood shopping centre.
Stockland will build a retirement village and will set aside land for new primary and secondary schools.
The Wyndham Local Government Area is one of the fastest growing corridors in Australia. In the year to June 2013, the population of the Wyndham corridor increased by around 10,800 people, representing a 6% growth rate.
Stockland general manager residential for Victoria, Mike Davis, said Stockland was well known to most people in the area because of the Allura residential community at Truganina, Point Cook Town Centre and Tarneit Skies Retirement Village.
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Tarneit's The Grove secures strong land sales for Stockland

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In the lead up to Asbestos Awareness Day on 28 November, it is a crucial time to consider your investment property and homes, as well as the safety of those who live in them.
One in three Aussie homes contains asbestos, including those constructed of brick, weatherboard, fibro and clad.
All property owners, particularly those who own a home built or renovated prior to 1987, should be aware of the dangers that asbestos can pose.
In Canberra, an Asbestos Buy Back Scheme is currently underway as a result of the <a href="/news/real-estate-agents-could-face-1-1-million-fine-for-not-disclosing-mr-fluffy-asbestos">Mr Fluffy asbestos insulation scandal</a>. The scheme involves the government purchasing affected properties and demolishing them.
Around 40 home owners have agreed to take part in scheme, according to the Asbestos Response Taskforce.
Home owners have until the end of June next year to decide whether or not this is what they want to do.
For those unable to choose this option, renovating or rebuilding can be an option. But owners must take care, explains Peter Dunphy, chair of the Asbestos Education Committee.
“There is no safe level of exposure to asbestos fibres,” said Dunphy.
“With at least one in three Australian homes containing asbestos, many home owners, renovators, tradies and handymen are putting their health and the health of families at risk when doing home renovations, maintenance and demolition if they release dangerous asbestos dust and fibres that can be inhaled and lead to asbestos-related diseases including mesothelioma.”
So where can asbestos be in your home?
Click to open in new window:
<a href="/images/2014/11/18/asbesto%20onv%2018%20one.png" target="_blank"><img src="/images/2014/11/18/asbesto%20onv%2018%20one.png" alt=""></a>
Source: Asbestos Awareness
Here is a useful <a href="https://asbestosawareness.com.au/dangers-of-asbestos-nsw/safety-facts-nsw/" target="_blank">20 point checklist for you to look at to safety check your home</a>.
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Infographic: Where might you find asbestos in your property?

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Paul Nugent from Wakelin Property Advisory recently sought out SongBowden Planning’s Daniel Bowden to ask how Victoria's new planning zones affect property owners.
Bowden explained that the planning process is really about outcomes, and the primary change for residential property owners and investors has been the introduction of three zones.
These are the three zones:
<ol>
<li>
Neighbourhood Residential Zone 
</li>
<li>
General Residential Zone 
</li>
<li>Residential Growth Zone</li>
</ol>
He explains that it’s best to consider them like traffic lights in terms of how development will be accepted in those areas – that is, the Neighbourhood Residential Zone is a red light, the General Residential Zone is an orange light and the Residential Growth Zone is a green light.
For those in a Neighbourhood Residential Zone, the aim is to limit change and respect character.
For the General Residential Zone it’s to develop where appropriate and have some opportunity for development that’s not too intense.
In the Residential Growth Zones it’s about looking beyond character and maximising development opportunities.
“Developers are looking for sites in these growth zones and steering away from areas where it’s suggested to not be appropriate anymore,” said Bowden.
He explained that the controls do appear to protect residents from big development from happening next door to them in the “red” areas. However, if you own property in an area promoted for development, then your expectations are going to possibly need to change as a large development may occur next to you.
You can see their full thoughts in the video below.
{qtube vid:=R3qWakcq18o}
{mijopolls 63}
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Victoria’s three planning zones and how they affect you

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David Devine’s Metro Property Development has secured a former school site at Evanston in Gawler, 44 kilometres north of Adelaide, for $2.5 million.
The <a href="https://www.metroprop.com.au/communities/acacia-green-evanston/" target="_blank">Arcadia Green development</a> is an 81-lot subdivision that has an end value of $27 million, with marketing currently under way.
The properties are eligible for the SA Affordable Homes Program.
The regional location is best known for McLeod's Daughters, which was filmed on a property just outside Gawler's northern fringe.
Steve Weightman, director of Metro’s South Australian operations, says another site under contract is in Adelaide’s southern suburbs.
Metro Property Development, founded in 2010 in Brisbane, now has housing ventures in Melbourne, Perth and ­Sydney.
Metro, which entered the Adelaide market two years ago, is ranked the fifth-biggest home building in the state on the latest HIA Top 100 builders list.
Its Adelaide house and land packages started from $400,000, rising up to $600,000 for homes closer to the CBD.
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David Devine's Metro Property expands Adelaide presence

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Hi Margaret,
Myself and a friend have decided to bid at auction for a block of land in <a href="/news">Westmead</a>, NSW.
We have verbal approval from council’s town planner to build a duplex on this land.
I appreciate it if you could help me with following:
<ul>
<li>Would the council usually be able to provide written confirmation regarding approval to build the duplex? 
</li>
<li>As this is just a block of land, what are the charges or taxes we have to pay before building. 
</li>
<li>Is there any step by step guide to go through all the formalities we need to complete post signing the contract of the land? 
</li>
<li>Do we need to make sure of anything before we go and win the auction?</li>
</ul>
Regards,
Hitesh
Margaret's answer is on the next page. Please click below.
<hr class="system-pagebreak">
Hi Hitesh,
It’s always a risk when buying a property which you think might be able to be subdivided. 
Many years ago, I purchased a block in Queensland and prior to the purchase I had a lengthy discussion with council in which I was advised that I could potentially build a triplex. Upon settlement, I commenced the approval process to be told that only a duplex would be possible. Just before I got the application finalised, the councils merged and my application for a duplex was rejected. Due to where this property is, building a single dwelling is a loss making exercise and I now have a technically useless, non-income producing block of land!
I tell this story to indicate the potential problems you could have.  The council will not provide written confirmation to you prior to bidding, as everything can change in the meantime and they will not want to be locked in.  They will simply refer you to the current town plan and the existing development application rules and suggest you use them as a guideline.
There are no taxes to pay to build, but the ‘charges’ can be endless.  Subdivision approval is complex and requires the services of town planners, architects, surveyors, geo tech experts, and engineers, to name a few.  A simple duplex subdivision can run to tens of thousands just for the approval to build and if driveways and retaining are also involved, expect to reach costs of over $100,000!
Your local council should have a guideline for subdivision approval on their website (or a document they can send you) but good luck with that! 
In my experience it is complex in the extreme, and it can be laborious translating what is actually required.  This is why it is a good idea to retain the services of a town planner, preferably one who may have previously worked for the council in question.
I’d initially download that guideline and contact a town planner prior to auction to get an idea of the costs of the subdivision.  This person will be able to quote on getting the ‘approval to subdivide’ (which is step one) but be aware that, after this step you have to carry out all works and steps outlined in this approval before your final deposited plan number will be allocated.
Regards,
Margaret
Have a property question? <a href="mailto:askmargaret@propertyobserver.com.au" target="_blank">Ask Margaret!</a>
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mlomas-KC9MUPZ6Ca

What hurdles will I need to jump to subdivide land? Ask Margaret

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After last season's auctions fizzled out, it's good to know that good Blockheads go to heaven – or at least, to have careers in renovation.
Though they may be off our screens, plenty of former contestants from The Block have continued to renovate and refurbish homes. The Block: Where are they now? 
<ul>
<li>Michael and Carlene</li>
</ul>
<img src="/images/2014/11/11/michael%20and%20carlene.jpeg" alt=""> After winning just $10,000 on The Block Glasshouse, Michael and Carlene have hit the ground running. They've launched <a href="https://cedarandsuede.com" target="_blank">Cedar&amp;Suede</a>, a design and construction company. The business is available to work on new builds, renovations or interior updates.
<ul>
<li>Alisa and Lysandra <img src="/images/2014/11/11/Alisa_Lysandra_0118_copy.jpg" alt=""> </li>
</ul>
The twice-appearing twins, who won The Block Sky High and showed up again for Fans v Faves have a homewares retail business, AL Collections. Their products include plenty of items they used on The Block, and even Alisa and Lysandra <a href="https://www.alcollections.com.au" target="_blank">t-shirts and hoodies</a>, for the true devotees.
<ul>
<li>Kyal and Kara</li>
</ul>
<img src="/images/2014/11/11/566768-f1ae33e0-86ee-11e3-8066-beb3483f8e9c.jpg" alt=""> Fans v Faves favourites Kyal and Kara now run <a href="https://www.diverseconstruct.com/" target="_blank">Diverse Design and Construct</a>, a company they launched in the wake of The Block. The young couple work on new residential builds, commercial and retail fit outs, interiors, renovations and custom cabinetry.
<ul>
<li>Brad and Lara</li>
</ul>
<img src="/images/2014/11/11/bradlara_bio.jpg" alt=""> Brad and Lara won the 2012 season of The Block. The couple have put some of their winnings (which includes Brad's share of the profit he made with Dale on The Block Fans v Faves) on a commercial property investment – the Maryville Tavern.
Buying earlier this year, the couple have been renovating the pub. Brad will reportedly be managing the project with the pub's co-owner, his cousin.
<ul>
<li>Matt and Kim <img src="/images/2014/11/11/mattkim.jpg" alt=""> </li>
</ul>
Matt and Kim, who got married earlier this year, have been a little more public about their renovation efforts than other former contestants. The couple hosted a Channel 9 special called Matt and Kim to the Rescue, where they renovated a family's home in three days.
Matt works at <a href="https://www.skyhighrenders.com" target="_blank">Sky High Renders</a>, a polished plastering company, Kim writes for past Block contestant Dani's blog, The Home Journal, and the couple also created styling packages for developer Psaros.
<ul>
<li>Bec and George <img src="/images/2014/11/11/becgeorge.jpg" alt=""> </li>
</ul>
Fellow Sky High couple Bec and George also continue to work in property and interiors. Bec works as the resident interior consultant for developer Nostra homes, while running interiors and fashion blog, <a href="https://becmarksthespot.com.au">Bec Marks The Spot</a>. According to her website, George keeps busy developing properties.
<ul>
<li>Josh and Jenna</li>
</ul>
<img src="/images/2014/11/11/jenna-and-josh-729-420x0.jpg" alt=""> After appearing on The Block in 2011 and 2013, Josh and Jenna seem to have acquired a taste for renovating and flipping properties. The couple have a business called <a href="/expert-insights/buying/blockheads-josh-and-jenna-sell-east-albury-investment-cottage">Bicker Design</a>, which specialises in "interior design, property renovation and pre sale makeovers". Earlier this year, the couple sold their renovated East Albury investment cottage.
Josh and Jenna also have a lighting range at Beacon, with items ranging from $79.95 to $599.00.
<ul>
<li>Dani and Dan <img src="/images/2014/11/11/danidan_bio.jpg" alt=""> </li>
</ul>
Dani and Dan competed on The Block 2012 and The Block All Stars, winning a total of $668,000. Since then, they've been completing two renovation projects, an East Melbourne apartment and a house in Seddon, which will be documented on their online renovation publication and retailer <a href="https://thehome-journal.com" target="_blank">The Home Journal</a>. Dan has also been keeping busy in the past few months as foreman Keith's assistant on the South Yarra set of The Block 2015.
Photos courtesy Channel 9.
 
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jrichardson-uRX5hFdKfN

Former Block contestants craft new careers in renovation

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Lots, terraces and new homes will be available to purchase at the Argyle masterplanned community in Elderslie on Saturday.
Investa Land and AVJennings are developing the project, which they predict will house about 1,500 people upon completion. The Australian Bureau of Statistics recorded 4,252 residents in Elderslie in 2011.
Alan Soutar, executive general manager at AVJennings, said the available properties include completed homes and terraces, house and land packages from preferred builders and home sites. Prices begin at $257,000.
"We've already had a number of expressions of interest for houses and land at Argyle from a range of purchasers including first and second home buyers, and young families," said Soutar.
According to Cameron Holt, chief executive of Investa Land, Argyle residents will benefit from the upcoming South West Rail link, which is currently under construction.
"They can also enjoy over three and a half hectares of open space and public parks through the development, ideal for family and friends to enjoy," said Holt.
<a href="/news">Elderslie</a> is around an hour's drive south west of Sydney's CBD.
<img src="/images/2014/11/07/elderslie-nov-7-one.jpg" alt="">
</body></html>

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