Avant Townhomes is adding to Ivanhoe’s family-sized housing options with <a href="https://www.apartments.com.au/new-townhouses/three-82-ivanhoe-382-upper-heidelberg-road-ivanhoe-vic-3079">Three 82</a>, a collection of just 16 four-bedroom townhomes on Upper Heidelberg Road.

The <a href="https://www.apartments.com.au/developers/intrapac-property">Intrapac Property</a> townhome division has taken a contemporary approach to the traditional family home, pairing larger floorplans with the lower-maintenance format of a townhouse.

[smartcode_project:default project_id=152069 project_image_fid=374394]

Designed by <a href="https://www.apartments.com.au/architects/arcadia-studio">Arcadia</a>, with landscaping by Landsite, the homes feature generous open-plan living and dining areas that connect directly to outdoor spaces, with layouts also designed to maximise natural light and privacy.

Natural stone is used throughout the interiors, including in kitchens that pair stone surfaces with bespoke cabinetry, considered storage and SMEG appliances.

The four-bedroom layouts include built-in wardrobes and a main bedroom with its own ensuite, while family bathrooms service the additional bedrooms. Each home also includes a lock-up double garage and intercom entry.

[smartcode_project:default project_id=152069 project_image_fid=374399]

Energy efficiency has been incorporated into the design through solar panels, double glazing and reverse-cycle heating and cooling, with the homes targeting 7-star energy ratings.

Rather than incorporating extensive communal facilities, Three 82 has been conceived around private residential amenity, with the 16-home scale keeping the focus on individual homes and their own indoor and outdoor spaces.

The development is located at 382 Upper Heidelberg Road, around one kilometre from Ivanhoe Village's cafés and retail and a short drive from Eaglemont Station and Ivanhoe Station.

[smartcode_project:default project_id=152069 project_image_fid=374393]

Several of Ivanhoe's established schools are also nearby, including Ivanhoe Girls' Grammar and Ivanhoe Grammar School. The address also provides access to the suburb's parklands and the wider Yarra River corridor.

<a href="https://www.apartments.com.au/project-marketer/nelson-alexander">Nelson Alexander</a> has been appointed to handle sales.

Construction is underway and progressing well, with Three 82 currently tracking toward completion in Q2 2027.

[smartcode_project_cta:default project_id=152069]

Joel Robinson

Three 82 brings boutique four-bedroom townhome collection to Ivanhoe

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/graya">Graya</a> has secured a prime Newstead site from fellow developer Fraser, subsequently lodging plans for The Silo, a major mixed-use residential project in Newstead designed around a new public laneway linking the James Street precinct with the wider Gasworks and Newstead neighbourhood.

Proposed for the corner of Chester and Morse streets, the <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau^Proberts</a>-designed project places its strongest emphasis at ground level, where retail, landscaping and a new cobblestone pedestrian connection would open the site to the surrounding neighbourhood. The design team describes The Silo as “more than a residential building”, positioning the development as an extension of Newstead’s public realm rather than a standalone apartment tower.

“A new cobblestone laneway and landscaped connection between James Street and Gasworks unlock a missing pedestrian link, improving walkability and stitching together two of Brisbane’s significant urban destinations,” Bureau Proberts said in its Urban Design Report.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="0ea1b06a-75f5-40a5-b2c5-33c97bc86052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/silo%20bldg.png?VersionId=KmjsAtNePu57_B31EM_DJ5T6KPJHtcmo" />

The Silo is planned as a mixed-use development incorporating apartments alongside a bar and centre activities including food and drink outlets, indoor sport and recreation, office and retail uses.

Architecturally, Bureau Proberts has conceived the building as a collection of vertically expressed, stepping forms rather than a single uniform tower. The composition rises from an articulated podium before being broken by a triple-height landscaped recreation level, with the upper section becoming more compact before terminating in a landscaped rooftop garden.

The project's name and architectural language draw directly from Newstead's industrial history. Patterned off-form concrete is proposed as the principal façade material, complemented by slender metal rod balustrades and extensive planting. The cylindrical and vertically ribbed elements give the building its silo-like expression, while curved balconies and planted edges introduce a softer subtropical layer.

“The Silo reinterprets its robust forms, scale and materiality through a contemporary subtropical architectural expression, creating a building that acknowledges its industrial legacy, while responding to the way the precinct is occupied today,” Bureau^Proberts said.

The recreation level is one of the defining breaks in the tower. Plans include a lap pool, mature subtropical planting and shared resident facilities within an elevated communal garden. Landscaping continues through the podium and onto the rooftop, where a further garden forms what the architects describe as a “subtropical crown” to the building.

<img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="f8451036-35a4-49a9-8d88-2ef4438eba3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Silo%20Lane.png?VersionId=h8N31_rYmCEqoNrpt4kbYVQhJGZn60LH" />

At street level, the development has been designed to establish a more permeable block. Retail and hospitality tenancies address the public realm, while landscaped pedestrian spaces lead into the new laneway connection. Renders in the design report show the proposed “Silo Lane” as a substantial opening through the podium, framed by cylindrical concrete forms with cascading planting above.

The Silo continues Graya's move into larger apartment developments after building its reputation across high-end residential projects in Brisbane and the Gold Coast.

Graya buys Frasers Newstead site, plans The Silo between James Street and Gasworks precincts

<a href="https://www.apartments.com.au/developers/wickton">Wickton</a>’s completed Linacre Rise development in Hampton is giving Bayside downsizers the opportunity to move into a spacious apartment near the beach, with the developer covering stamp duty for a limited time.

The 27-residence development has been designed for buyers who want to simplify their living arrangements without giving up the space, warmth and quality associated with a long-term family home. Most apartments have already been secured by Bayside locals, leaving a select collection of two and three-bedroom residences and penthouses available.

Two-bedroom apartments are priced from $1.275 million, three-bedroom residences from $2.25 million and penthouses from $3.375 million, with the completed homes available to inspect and move into now.

[smartcode_project:default project_id=95289 project_image_fid=366760]

<a href="https://www.apartments.com.au/buildings/linacre-rise-hampton-8-10-linacre-road-hampton-vic-3188">Linacre Rise</a> occupies an elevated position on one of <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a>’s quiet, tree-lined streets, around 250 metres from the bay and 500 metres from Hampton’s village centre. Its setting gives residents access to the beach, local cafés, shops and Hampton Train Station while retaining the feel of an established residential neighbourhood.

Architecture and interiors by <a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a> draw on the warmth and permanence of traditional brickwork, with the building integrated into terraced landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>. Ground-floor apartments are elevated above the street and include private garden courtyards, while several upper-level residences have generous balconies and outlooks toward the bay.

Inside, the residences favour natural materials and generous proportions. Herringbone-pattern European oak flooring, natural stone benchtops, premium joinery and Swiss V-ZUG appliances are among the key inclusions, while integrated storage has been incorporated across kitchens, bathrooms, studies and living areas.

The kitchens have been planned as practical spaces for both everyday use and entertaining, with substantial island benches, detailed cabinetry and adjoining dining and living zones. Full-height wardrobes, plush bedroom carpeting and carefully considered lighting reinforce the residential character Wickton sought to retain for buyers moving from larger homes.

[smartcode_project:default project_id=95289 project_image_fid=366769]

A Linacre Rise purchaser said the completed apartment had delivered the space, outlook and construction quality they had been seeking.

“The unit is very light, has views to die for over the bay, all construction materials and fittings are premium quality, we have secure parking for three cars, EV charging at very competitive rates, the neighbours are friendly and there is just a lovely ambiance about the place,” the purchaser said.

Environmental features include solar panels, shared electric vehicle charging stations, rainwater harvesting for toilet flushing and landscape irrigation, double-glazed windows and water-efficient fixtures and appliances.

[smartcode_project:default project_id=95289 project_image_fid=366762]

The development was built by Balmain &amp; Co, with Wickton managing the broader development process through its in-house team.

For downsizers, the project’s completed status removes much of the uncertainty associated with buying off the plan. Purchasers can inspect the finished apartments, understand their outlook and proportions, and move in without waiting for construction to conclude.

The remaining selection includes north-oriented balconies, corner configurations and penthouses with elevated bay views. The developer-paid stamp duty initiative is available for a limited time, with potential savings of up to $200,000 depending on the residence purchased.

[smartcode_project_cta:default project_id=95289]

Limited-time stamp duty offer at completed Linacre Rise apartments in Hampton

Luxury apartment buyers have long prioritised design, space and finishes, but increasingly they're placing equal importance on something less tangible: how easily they can live without relying on a car.

At <a>Richmond Square</a>, <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> believes that convenience begins beyond the apartment itself, with the mixed-use precinct earning a near-perfect Walk Score of 99.

The development has been planned around the idea that some of the most valuable amenities aren't contained within a building, they're the restaurants, cafés, parks, transport connections and daily conveniences that can all be reached on foot.

Located just behind Swan Street and Church Street, <a href="https://www.apartments.com.au/new-apartments/richmond-square-1-wiltshire-street-richmond-vic-3121">Richmond Square</a> places residents within one of Melbo​u​rne's most established lifestyle precincts while offering a quieter residential setting removed from the busiest thoroughfares. East Richmond Station is moments away, trams run along both Swan and Church Streets, and the MCG, Melb​​ourne Park, Yarra River trails and the CBD are all within walking distance. At the same time, the precinct itself will introduce a curated mix of dining, retail, hospitality and wellness offerings, creating a destination that extends well beyond its residential buildings.

[smartcode_project:default project_id=13181 project_image_fid=348530]

For Fortis, that combination of location and scale was what made the site unique.

"<a href="https://www.apartments.com.au/developments/richmond-vic-3121">Richmond</a> is one of Melb​o​urne's most established and distinctive inner-city neighbourhoods, with a rare combination of dining, culture, recreation, public transport and proximity to the CBD," the developer said.

"The opportunity at Wiltshire Street was particularly compelling because the site sits slightly removed from the activity of Swan and Church Streets while remaining only moments from everything that makes the area desirable."

Rather than developing a standalone apartment building, Fortis consolidated 15 individual properties to create one of the larger development parcels assembled on Mel​b​ourne's city fringe in recent years. That allowed the team to deliver a genuine mixed-use precinct comprising 107 residences across Wiltshire House and Carmine House, premium office space, hospitality venues, retail, wellness offerings and a future 57-room hotel.

"The scale of the site allowed Fortis to think beyond a standalone apartment building," the developer said.

"Richmond Square could be planned as a complete lifestyle precinct, bringing homes, workplaces, dining, retail, hospitality and wellness together around a series of activated public spaces. The aim was to create a destination that feels connected to Richmond rather than separate from it."

[smartcode_project:default project_id=13181 project_image_fid=348533]

The emphasis on walkability has also resonated with buyers.

Interest has been strongest from established owner-occupiers, particularly downsizers from Richmond and Melb​ourne's inner east who want to remain close to familiar restaurants, workplaces, family and social networks while moving into a more secure, lower-maintenance home. The project is also attracting Mornington Peninsula and interstate buyers seeking a Melb​ourne residence they can lock up and leave between visits.

Many are looking for generous living spaces, room to entertain, quality finishes and confidence in the project team, but location remains one of the biggest deciding factors.

"For many buyers, Richmond Square provides a way to simplify the practical side of home ownership without reducing the quality of their lifestyle," the sales team said.

"Location is also a major driver of interest. Buyers can remain connected to the CBD, major sporting events, the arts centres, local restaurants, cafes and bars and their family while living in a private and secure residence that is easy to lock up and leave for weekends or longer periods away."

[smartcode_project:default project_id=13181 project_image_fid=348549]

The residences themselves have been designed with that buyer in mind. Award-winning architecture practice SJB and interior designers Hecker Guthrie have created spacious two and three-bedroom apartments and penthouses that prioritise generous living areas, natural light, bespoke joinery and private terraces. Above, a rooftop sanctuary by Acre includes landscaped lawns, bookable dining rooms, barbecue facilities, wellness spaces and panoramic views across the CBD, the MCG and Port Phillip Bay.

Fortis believes Richmond Square reflects a broader evolution in apartment living, where the surrounding neighbourhood becomes just as important as the residence itself.

"Richmond Square introduces a different proposition: generously proportioned residences within a genuinely mixed-use, hospitality-led destination," the developer said.

"The project's location and Walk Score of 99 further support a lifestyle where residents can complete many everyday journeys without relying on a car."

Fortis has assembled an experienced team that includes <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, <a href="https://www.apartments.com.au/interior-designers/hecker-guthrie">Hecker Guthrie</a>, <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a> and builder <a href="https://www.apartments.com.au/builders/hacer-group">Hacer Group</a>, reflecting the developer's commitment to creating projects with enduring design quality and meaningful connections to the communities in which they sit.&nbsp;

Richmond Square is an expression of that philosophy, bringing together homes, workplaces, hospitality and wellness within one of Me​lb​ourne's most walkable neighbourhoods.&nbsp;

Construction is now almost complete, providing purchasers with growing confidence ahead of its expected September 2026 completion.

[smartcode_project_cta:default project_id=13181]

Walk Score of 99 places Richmond Square at the heart of Melbourne's most connected lifestyle

<h3 data-end="19" data-section-id="1dvgwoe" data-start="0">Summary</h3>

<ul data-end="634" data-start="21">
	<li data-end="170" data-section-id="1o77v31" data-start="21">Walker Corporation has lodged plans for a second major residential development in the Maroochydore City Centre, a 29-storey tower known as Celeste.</li>
	<li data-end="327" data-section-id="1lb0y6t" data-start="171">The Plus Studio-designed proposal at Lot 30 Sunshine Coast Parade would deliver 208 apartments, including four four-bedroom sub-penthouses and penthouses.</li>
	<li data-end="487" data-section-id="za720" data-start="328">The application comes as Walker doubles down on Maroochydore following the strong sales campaign at SOL by Walker, where the first tower is nearing sell-out.</li>
	<li data-end="634" data-section-id="5sovec" data-start="488">Walker is a key partner in the transformation of the Maroochydore City Centre, which is expected to ultimately deliver at least 4,000 new homes.</li>
</ul>

Walker Corporation is doubling down on Maroochydore following the successful sales campaign at its first residential project in the emerging CBD.

The national developer has filed plans for <a href="https://www.apartments.com.au/new-apartments/celeste-30-sunshine-coast-parade-maroochydore-qld-4558">Celeste</a>, a new 29-storey apartment tower at Lot 30 Sunshine Coast Parade, just metres from its under-construction SOL by Walker development.

The plans, prepared by Plus Studio, would see 208 apartments delivered across a 100-metre tower on the 2,376 sqm site, which fronts Sunshine Coast Parade, First Avenue and Future Way within the Maroochydore Priority Development Area.

<img alt="Walker" data-entity-type="file" data-entity-uuid="17038209-6fea-4ed2-855d-fd4df65b3d02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.16%E2%80%AFAM.png?VersionId=iZD.oVXcQn.aLpUytDAW.CWjxP4puWMy" />

The proposed apartment mix comprises 36 one-bedroom apartments, 48 two-bedroom apartments, 72 two-bedroom apartments with an additional multipurpose space, and 48 three-bedroom apartments.

The upper levels would be capped by two four-bedroom sub-penthouses and two four-bedroom penthouses, taking the total apartment count to 208. The preliminary yield study also provides 262 car spaces, 114 resident bicycle spaces and storage for each apartment.

It represents Walker's next major residential move in the new Maroochydore CBD after the success of SOL by Walker, its $220 million two-tower project nearby.

SOL launched to market in early 2025 and has since seen strong demand, particularly from local owner-occupiers. By February this year, Walker said the first SOL tower was nearing sell-out, with a strong waitlist also emerging for its recently released penthouse collection.

Construction is already underway on SOL, with the first tower expected to be completed in late 2027 and the second to follow in early 2028.

[smartcode_project:default project_id=147777 project_image_fid=319846]

<h2 data-end="2518" data-section-id="1b2dyo5" data-start="2459">Celeste to rise 100 metres over Maroochydore City Centre</h2>

Celeste would take a different form to the twin 19-storey buildings at SOL.

Plus Studio has designed a single 100-metre tower above an activated podium, with the architecture responding to the site's prominent position and three street frontages.

The podium would incorporate commercial tenancies and public art, with sweeping façade elements wrapping the street edges. The scalloped concrete podium has been inspired by the patterns created in sand at low tide, while extensive landscaping would continue vertically through the tower.

The ground level plans show three commercial tenancies addressing Sunshine Coast Parade alongside the residential lobby and landscaped public realm. The podium would then accommodate several levels of car parking before the residential tower rises above.

<img alt="Celeste" data-entity-type="file" data-entity-uuid="121f77b1-71c5-46d7-9b36-0a7d474211ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-10%20at%2010.24.47%E2%80%AFAM.png?VersionId=MGrg9Hb7HgzLN0Lelq_xrXNAruVl77ia" />

Plus Studio said the tower had been designed to maximise views from each apartment, taking in the Maroochy River, Sunshine Coast hinterland, Cotton Tree and Maroochydore Beach and ocean.

Those views have also shaped one of the project's key features, with Walker proposing to put the primary resident amenity on Level 29 rather than lower within the building.

The rooftop would feature a 284.9 sqm pool area with an infinity edge, along with a cold pool, spa, sauna, 93.2 sqm gym, sunset lounge, BBQ and dining areas, pool deck and private dining space. Cabanas and day beds are also shown across the recreation level.

The two penthouses would extend across the upper levels and each feature private terraces and plunge pools.

<h2 data-end="4202" data-section-id="v5f4ix" data-start="4160">Walker's growing Maroochydore footprint</h2>

Celeste further reinforces Walker's commitment to the transformation of Maroochydore City Centre.

Walker is one of the key partners delivering the new CBD alongside Sunshine Coast Council and SunCentral Maroochydore, with the broader 62-hectare Priority Development Area occupying the former Horton Park Golf Course and surrounding land.

The precinct is ultimately expected to accommodate at least 4,000 new homes as Maroochydore evolves into the Sunshine Coast's principal commercial and residential centre.

When SOL secured approval in February 2025, Walker Managing Director and CEO David Gallant described it as the "first of many residential projects" the company planned for the Maroochydore City Centre.

Celeste now provides the clearest indication yet of what comes next.

The site sits immediately within the new CBD, with the design report identifying Sunshine Plaza and surrounding parkland within walking distance and Maroochydore Beach around a five-minute drive away.

For Walker, the timing of the application comes as its first residential bet on the new CBD appears to have been vindicated.

SOL has progressed from planning approval to construction while its first release has approached sell-out, giving Walker confidence to push ahead with another 208 apartments and take its residential pipeline in the Maroochydore City Centre to around 450 dwellings across the two projects.

Celeste remains subject to planning approval, with the architectural material describing the scheme as a preliminary yield study that may change through the assessment process.

Walker doubles down on Maroochydore with 29-storey Celeste apartment tower

Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.

They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;

Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.

They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.

Even in the low seasons of May and June, occupancy levels reach around 40 per cent.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor

Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.

<img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" />​

The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;

Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.

With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;

Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

<html><body>
One of The Beatles, John Lennon, reckoned that life was what happened when we’re busy making other plans.
But sometimes it’s living that puts major plans on the backburner.
Take retirement saving. Most people understand that they’ll need to replace around 70% of their average earnings in retirement. An average couple needs in the order of $1 million to live comfortably for more than twenty years of not working.
Given the size of this goal, you’d expect a certain focus on retirement savings among working people.
But in a survey we did at Yellow Brick Road during June, we found that saving for retirement ranked 12th in priorities out of 16 financial issues.
The most important issue for our sample of 25-49 year olds was general cost of living, followed (in order) by utility bills, mortgage repayments, credit cards and the cost of raising children.
Other issues greater than saving for retirement were medical bills, saving for a holiday, personal loans, rent/board, vehicle finance, insurance costs and paying for renovations. Retirement ranked higher than saving for a wedding.
So, retirement savings isn’t really ignored, it’s just that ‘life’ gets in the way.
However, most Australians can help their retirement planning without having to find extra money.
If you’re employed, your employer must put aside 9.25% of your wages into a superannuation fund. So you’re already saving. But it’s what you do with this superannuation that makes the difference.
<ul>
<li>Start by focusing. Tell yourself: “it’s my money.”</li>
<li>Secondly, ensure your fund is not charging too much in fees. You shouldn’t pay more than 1% per annum to have your savings managed (yet many do). The difference between 1% and 2% of a $100,000 nest egg is $1000. This is money you should keep in your own savings where it can compound.</li>
<li>Thirdly, avoid trading-off potential returns in order to have ‘risk free’ savings. The difference between a ‘conservative’ option in a super fund and a ‘growth’ option can be the difference between earning 4 per cent and 9%. On a $100,000 nest egg, that’s a difference of $5000 each year. Young people especially should not be too conservative in their investment choices.</li>
<li>At the same time, avoid chasing the fund with last year’s hottest performance. You’ll find the best performing funds by looking at how they measure over a three- or five-year period.</li>
<li>Finally, save money with lower pricing on life insurances through your super fund. If you can save $500 a year in life insurance premiums, that’s more money in your retirement savings.</li>
</ul>
As with all important investments, there are no magic solutions with superannuation. The point I make is that your goals come closer to reality when you start to focus and to pay attention. Not everyone can throw more money into their super when life is getting in the way. But anyone can take an interest, compare funds and make good decisions.
Good luck.
Mark Bouris is executive chairman of <a href="https://www.ybr.com.au/" rel="nofollow" target="_blank">Yellow Brick Road</a>, a financial services company offering home loans, financial planning, accounting and tax, and insurance.
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mbouris-tauSvXGAM2

Five ways to improve your retirement savings: Mark Bouris

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Sheeva Tavakoli, the wife of the Sydney plastic surgeon Dr Kourosh Tavakoli, has emerged as the mystery $16.35 million buyer of a Darling Point harbourfront.

It was sold by the property developer Eduard Litver and his wife, Adriana with the buyer's identity a closely kept secret until the recent settlement lodgement details on the five-bedroom waterfront reserve house with swimming pool.

It had been listed on and off since late 2011 initially with overly ambitious $20 million-plus hopes.

The house is at the bottom of a steep site comes with a glass-covered inclinator.

The land was once part of the Babworth Estate.

The property was bought by the Litvers for $5 million in 2008 when it was only partially built to capitalise on its views across Double Bay. It comes with 750 square metres internal space.

Title Tattle gathers the three-storey Eastbourne Road house was sold through Steven Chen at McGrath Estate Agents.

Darling Point's highest house sale remains the Sutton's $18.25 million purchase in 2007 from tourism entrprenuer Barry Wain.

The next priciest was back in 2001 when the Davey family bought Craigend for $16 million.

The cosmetic surgeon, who has 16,827 likes on facebook, was last in the social pages big-time when he threw a party called Plastique Fantastique at Zeta Bar. The Sydney print gossip columnists, Hornery and Horton were briefly captivated with the Tavakoli's described as a "camera-ready couple" by one scribe.

Dr Tavokoli settled into his new New South Road, Double Bay clinic, which comes with full-frontal signage, last month.

[smartcode_project:default project_id=84858]
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jchancellor-FAypfDUnLy

Sheeva Tavakoli, wife of plastic surgeon Kourosh Tavakoli buys $16.35 million Sydney harbourfront

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An 1850s Williamstown home sold at recent auction for $1.901 million through Adrian Butera of Compton Green Real Estate Williamstown and Yarraville.
The property was listed with a price guide of between $1.7 million to $1.9 million.
Located at <a href="https://www.realestate.com.au/property-house-vic-williamstown-111333039" target="_blank">41 Electra Street</a>, the five-bedroom home features both period and contemporary finishings. The front half of the home retains old-world charm with two large bedrooms, tall ceilings, an original fireplace and a character-rich loungeroom.
The living space features modern design with an open plan living space and expansive glass windows.
Other noteworthy features of the home includes a lush backyard with a mezzanine, evaporative cooling, hydronic heating, NSW gum spotted timber floors, and a luxurious kitchen.
It was initially listed with expectations of $1.8 million to $2 million last August, according to RP Data records.
According to the <a href="/news">latest RP Data report</a>, the median sale price of houses in Williamstown is $911,500, up 2.4% on last year. The average discount required to sell a house is 6.9%, while private treaty sales average 81 days on market.
The median asking rent for houses in Williamstown is currently $550 per week, while the average rental yield currently stands at 3.1%.
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Historic Williamstown house fetches $1.9 million at auction

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Singer Guy Sebastian, and his wife, Jules, have listed their three level Clovelly abode with reported $2 million hopes as they seek something more suitable for their very young son, Hudson.
The X Factor judge bought the <a href="https://www.domain.com.au/Property/?adid=2010573036" target="_blank">architect-designed Knox Street </a>house <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-clovelly-nsw-2031/112872" target="_blank">in 2010 for $2.15 million</a>.
Its living and dining areas are set over the top floor, with three bedrooms on the middle space and a fourth bedroom and rumpus room on the lower level. Presumably way too many stairs for the young family.
Jason Pantzer of GoodyerDonnelly has the listing.
The Sebastian's appear to be in much the same predicament as Braith Anasta and his wife, the actor Jodi Gordon who recently narrowly escaped the Clovelly downturn.
The injured Wests Tigers champion Braith Anasta secured $1,855,000 when their four-bedroom, two-bathroom Clovelly home went to auction last month.
Initially <a href="https://www.propertyobserver.com.au/news/braith-anasta-and-jodi-gordon-list-clovelly-home-weststigers/2013060261856" target="_blank">more than $1.8 million </a>was being suggested for the two-storey semi, but the agents then adjusted their marketing to $1.7 million plus.
Agents hoped the lowering of the price guide would introduce stronger competition in the lead-up to the auction.
It had been bought for $1,805,000 in 2011 by Anasta, so the sale price represented a loss after expenses including $84,000 purchase stamp duty.
It had sold previously at $1.76 million in 2009.
RP Data gives Clovelly's median house price as $1.365 million, down 16% over the past year.
Its down 6% over the past five years, according to RP Data.
<a href="/news">The average discounting required of private treaty vendors is typically around 10% to secure a sale</a>.
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Singer Guy Sebastian seeks to cut and run from Clovelly for level lawn

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James Packer's Crown group has received the amber light from the NSW state government to build its $1.2 billion 60 storey casino development at Barangaroo South knocking Echo Entertainment out of the battle for Sydney's second casino.
A review led by former Future Fund chairman David Murray recommended Crown's proposal over Echo.
NSW premier Barry O'Farrell said it was "not a licence to build but to proceed to stage three", where conditions and terms need to be negotiated.
The Hoover-shaped hotel and casino designed by British architects Wilkinson Eyre will feature 350 apartments and around 75 luxury penthouses plus restaurants, spa and swimming pools.
The hotel is due to be built by Lend Lease, employ around 2,000 people and generate around $400 million for the NSW economy.
It would break Echo Entertainment’s monopoly of the Sydney casino market.
Echo had submitted a proposal for a $1.1 billion transformation of The Star at Pyrmont into a massive integrated resort, featuring two new luxury hotels.
Kerry Packer was unsuccessful in a bid to be awarded Sydney's first casino licence  in 1994.
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Echo knocked out as James Packer wins amber light for Barangaroo South Casino

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As Australian companies prepare for the new financial year, IBISWorld has released its annual list of the industries set to soar and sink in 2013-14.
Superannuation funds top the list of growth industries with an impressive 40.5% rise anticipated in 2013-14, followed by iron ore mining, wind and other electricity generation, online shopping and internet publishing and broadcasting.
The industries that might prefer the new financial year not to start at all include video and DVD hire outlets, automotive electrical component manufacturing, heavy industry and other non-building construction, book publishing and mineral exploration, as these industries are forecast to decline.
Industries to fall:
1. Video and DVD hire outlets
Tipped to decline by 12.3% this year, the video and DVD hire industry is facing huge competition from online rental services, piracy and services such as iTunes that provide cheaper and more convenient access to movies.
It's a classic case of new technology squeezing out the old and to compete on price; video and DVD hire outlets have had to significantly slash margins, making it nearly impossible to operate profitably.
2. Automotive electrical component manufacturing
An overall economic slowdown and poor demand for new vehicles have affected sales for automotive electrical component manufacturers, as has the consumer shift towards smaller, more fuel-efficient imported cars.
Falling demand for domestic vehicles has hurt specialised equipment manufacturers, since their products are mainly used in new vehicles.
Overall, the Australian supply chain is uncompetitive compared with overseas manufacturers.
While the government is making efforts to support the local manufacturing sector, its future performance is on shaky ground and the exit of Ford from local manufacturing will have a negative knock-on effect on component manufacturing industries. 
3. Heavy industry and other non-building construction
In 2013-14, IBISWorld expects that a reduction of investment in new mining projects will have a negative effect on demand for new rail, port and sorting facilities, leading heavy industry and other non-building construction to decline by 5.4% this year.
As investment in new mining infrastructure is wound back, this industry's revenue will become more dependent upon traditional sources such as telecommunications, so revenue will fall before the industry finds its feet again.
4. Book publishing
A structural shift in favour of online book stores is hurting domestic book publishers, with many consumers preferring to buy from foreign retailers that have exceptional bargaining power and offer fast postage and heavily discounted prices.
The collapse of major book store owner REDGroup has had a detrimental effect on the industry, as has the competition books now face from other sources of entertainment. These factors are expected to result in a 4.3% decline in revenue this year.
5. Mineral exploration
Mineral exploration rounds out the five industries with the lowest growth prospects in 2013-14.
The industry's decline will be largely cyclical as a number of mining investments made in the past five years reach completion and ramp up production, meaning that capital expenditure on new products will decrease – directly reducing demand for exploration services.
Additional economic uncertainty around commodity prices and growth rates for developing economies means undertaking new exploration projects will carry additional risks.
While current production is high, exploration is subdued for the time being. The growth rate is anticipated to pick up in the long run thanks to growing resource demand in developing countries, but as more exploration services are required abroad – such as in Africa – domestic participants may face new threats.
Karen Dobie is the general manager of IBISWorld.
This article originally appeared on <a target="_blank" rel="nofollow" href="https://www.smartcompany.com.au/">SmartCompany</a>.
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Video and DVD hire retail outlets among the industries set to fall in 2013-14

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As Australian companies prepare for the new financial year, IBISWorld has released its annual list of the industries set to soar and sink in 2013-14.
Superannuation funds top the list of growth industries with an impressive 40.5% rise anticipated in 2013-14, followed by iron ore mining, wind and other electricity generation, online shopping and internet publishing and broadcasting.
The industries that might prefer the new financial year not to start at all include video and DVD hire outlets, automotive electrical component manufacturing, heavy industry and other non-building construction, book publishing and mineral exploration, as these industries are forecast to decline.
Industries set to fly:
1. Superannuation funds
Superannuation funds are expected to have revenue of $324,582.2 million in the next year, a 40.5% rise.
Though these markets are highly volatile, the sharemarket drops in 2012-13 mean we're starting the new financial year from a low base – a good position from which to generate solid returns.
Rising superannuation revenue will also be a result of low unemployment and the 0.25% increase in compulsory contributions this financial year.
2. Iron ore mining
IBISWorld forecasts revenue growth of 22.9% for iron ore mining this financial year due to growing demand for steel from emerging nations like China.
While there's currently an oversupply of iron ore, we expect that this capacity will be absorbed this year and demand will outpace supply. This will cause a rise in prices – the primary driver of forecast revenue growth.
Mining capacity is also likely to rise this year as a result of increased industry investment in mining sites, such as BHP Billiton's Jimblebar mine and Rio Tinto's Brockman 4 and Western Turner Syncline sites. 
3. Online shopping
One of the key performers in recent years, online shopping is forecast to post solid growth of 13.3% this year. Demand will be influenced by factors such as rising rural high-speed internet penetration thanks to the roll out of the National Broadband Network, the number of traditional retailers joining the online space and measures to boost the convenience of product collection.
A number of initiatives to expand product delivery and collection options are adding to the appeal of the e-tailing sector.
Some online retailers have set up traditional outlets to act as collection points, while established players are providing lockers at convenient locations so customers can collect their goods in their own time – particularly appealing for those not at home to collect deliveries during office hours.
4. Internet publishing and broadcasting
In 2013-14, IBISWorld anticipates Australia's internet publishing and broadcasting industry will grow by 12.7%.
Success in this industry is largely a result of developments in internet access and speeds from newer devices and rising internet penetration.
Accelerating internet speeds and growing accessibility are allowing segments such as audio and video streaming to attract additional users, while increasing consumer and business expenditure will generate more revenue for paid subscription services. The simplicity of setting up operations makes it an increasingly viable business proposition for existing publishers to move online.
5. Wind and other electricity generation
Strong industry assistance via the federal government's Renewable Energy Target scheme (which mandates a minimum amount of energy key users must purchase from renewable sources) is driving growth for wind and other electricity generators, which IBISWorld forecasts will be 11.3% in 2013-14 – unless there is significant policy change.
Lack of community support is still an issue for this industry, with many people concerned about the physical and aesthetic impact these projects will have on their living environment. Large energy users are also concerned about the commercial impact on large-scale project.
If a change in government alters the Renewable Energy Target, incentives for investment in renewable energy will decrease, minimising the scale of the industry's activities.
Karen Dobie is the general manager of IBISWorld.
This article originally appeared on <a target="_blank" href="https://www.smartcompany.com.au/">SmartCompany</a>.
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Wind generation among the industries set to rise in 2013-14

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Online retail sales growth in Australia eased in May following a boost the previous month, but is expected to continue to outpace sales growth at traditional bricks-and-mortar stores for up to another 18 months.
The National Australia Bank's latest online retail sales index found sales growth in May grew 18% compared with May last year, down from 24% year-on-year growth in April.
"Despite an easing in the growth rate, it remains stronger than the comparatively soft trends across February and March," the bank says in a statement.
The statement says sales in bricks-and-mortar stores grew by 3.2% in April compared with the previous April on a non-seasonally adjusted basis. Internet sales made up 6.1% of total retail sales in the year to April, excluding cafes, restaurants and takeaway food, with Australians spending around $13.7 billion with online retailers in the year to May.
NAB senior economist Gerard Burg said the growth rate of online sales was likely to continue to outpace traditional stores over the next 12-18 months.
He says department and variety stores claimed a large share of online sales as they embraced the internet and multi-channel retailing. Large retailers such as David Jones and Harvey Norman have in the past complained about internet shopping eating into their sales but have since created their own online offerings.
Fashion, homewares and electrical appliances were the most popular items sold on the internet, with around 72% of sales made domestically.
Paul Greenberg, chief executive of the National Online Retailers Association, said he expects the distinction between online and bricks-and-mortar retail will become less with time.
"Where the real growth is coming is where retailers provide multiple points of purchase," he says, noting that daily deals website OzSale had held warehouse sales and opened pop-up stores in shopping centres.
Eddie Machaalani, chief executive and co-founder of online store builder Bigcommerce, said he can't see online sales growth slowing down for at least four to five years.
"There are a lot of industries that are still not online," he says, "or worked out how to go online."
This article first appeared on <a target="_blank" href="https://www.startupsmart.com.au/" rel="nofollow">StartupSmart</a>.
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NAB index shows online retail growth has slowed but still faster than bricks-and-mortar

<html><body>{module Do you agree with RBA governor Glenn Stevens that Australia remains a “lucky country” because the GFC slowed down household borrowing and prevented Australia from becoming financially over extended?}</body></html>

Do you agree with RBA governor Glenn Stevens that Australia remains a “lucky country”?

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The number of Sydney properties listed for sale has fallen by almost a quarter in the space of a year with stock levels approaching four-year lows, according to new figures for June compiled by SQM Research. 
There were 23,707 properties listed for sale in Sydney in June, 14.6% less than in May (27,761) and 23.1% less than the more than 30,000 properties listed for sale the same time last year. 
All capital cities recorded expected declines in residential stock in line with the winter slowdown, but Sydney was the only capital city to record a double digit monthly decline and larger annual fall. 
A lack of listings could put further pressure on Sydney property prices given the impetus to buy due to low interest rates.
"We're not quite there yet in terms of stock on market, but we are approaching that period of late 2009, early 2010 when Sydney real estate prices were growing at  an annual rate of around 15%," SQM Research director Louis Christopher tells Property Observer.
"Vendors are now increasingly in control of the market and this will  put upward pressure on real estate prices.
In September last year, SQM Resarch forecast growth in Sydney house prices  in 2013 of between 5% to 9%.
"We are approaching the upper point of that range and 2014 could be a year when capital growth is even higher than that," says Christopher.
He attributes to the large drop in Sydney listings to not a lot of new listings coming to market as well as old stock now being absorbed because prices are rising to meet vendors' expectations.
According to the SQM Research Asking Price Index, asking prices for Sydney houses have risen 7.3% over the past 12 months to June 30 while asking prices for units are up 5.8%.
RP Data-Rismark records a 6.3% rise in Sydney house prices over the past 12 months.
BIS Shrapnel expects <a target="_blank" href="https://www.propertyobserver.com.au/residential/surging-sydney-to-lead-uneven-recovery-in-residential-property-market-over-next-three-years-bis-shrapnel/2013063062842">Sydney to be the strongest housing market </a>over the next three years with a 19% gain.
<img alt="SQM_research" height="170" width="470" src="/images/stories/2013/larry_uploads/SQM_research.jpg">
Source: SQM Research
Whilere there are less than 24,000 Sydney properties now listed for sale, Melbourne has nearly double the number of properties for sale, more than 46,000 properties for sale, while the much smaller Brisbane market also has more properties listed for sale than Sydney with just under 27,000. 
“I believe that overall, the national housing market still remains well supplied with current listings, however Sydney is turning out to be a clear exception,” says Christopher. 
“When you consider the long term chart, Sydney is approaching the 2009 lows and this fits with other measurements indicating a strengthening housing market for that capital city.” 
Behind Sydney, the next biggest monthly decline was Canberra (down 8.3%) while the biggest annual decline was Melbourne (down 8.7%) followed closely by Perth (8%). 
Nationally the level of residential property fell by 5.3% over June to a total of 358,882.
Year on year, residential listings are down 5.4%.
“Whilst the majority of capital city monthly decreases can be attributed to seasonal influences and the fact that we came through five weekends in May to four weekends during June, Sydney’s monthly decline of -14.6% in stock appears to have gone beyond these attributes, as we begin to witness stock levels for this capital city that match those seen in 2009,” says SQM Research in its analysis of the data.
“This being the case - combined with Sydney recording a -23.1% yearly decrease in stock, SQM Research believes that we may now be approaching a point where there is a shortage of residential sale listings in the Sydney Market.”
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