<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" 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/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Adelaide

Renewal SA has recently announced its plans to purchase the former Adelaide Bus Station site on Franklin Street, which will be developed into a mixed-use site called Tapangka.

Tapangka, which is a Kaurna word that translates to journey, will aim to provide a new approach to city living, inspired by the journey of reconciliation, home ownership, sustainability, and collaboration between the city and the state.

The Adelaide City Council chose Renewal SA as the successful proponent of the 6,850 sqm site, with the group aiming to position the project as one of the most vibrant and inclusive residential developments and precincts in the state.

The project is set to deliver an unprecedented level of affordable housing in Adelaide's CBD, including a blend of long- and short-term housing options, contemporary commercial, civic, and retail spaces.

<img alt="Aerial image of the proposed Franklin Street site" data-entity-type="file" data-entity-uuid="ef320522-b33a-49f5-b751-cc6e7074ef5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-05%20at%2011.55.28%20am_0.png?VersionId=dExzJD.ilJsUcOitH5SUzlpYYsGMmUkT" />Aerial image of the proposed Franklin Street site. Credit: Renewal SA

Renewal SA’s Manager of Reconciliation and Cultural Heritage, Kiran Dixon said Tapangka sits on the land of the Tarndanyungga, the place of the red kangaroo dreaming.&nbsp;

“This link to heritage will be celebrated in every aspect of Tapangka's development, from it’s planning and design, to it’s ongoing cultural life,” Dixon said.

Woods Bagot were engaged to design the precinct, which will consist of two mixed-use towers with around 392 apartments, accommodating more than 1,000 residents. At least 137 of the apartments (35%) will be affordable, including 51 affordable sale apartments and 86 affordable rental apartments.

With the Tapangka precinct the first CBD location to feature the emerging build-to-rent apartment model, the development will also include a 208-key hotel.

In addition to the apartments and hotel, the precinct will feature a central civic building that will be a place of entertainment, culture, and community. The building will showcase the best of sustainable construction and target carbon neutrality precinct-wide.

Woods Bagot’s Alex Hall said Adelaide is ready for a bold new approach to city living.

“The main attraction of Tapangka will be a signature carbon-neutral civic building. This building will be a place of entertainment, culture and community, and will nourish surrounding business,” Hall said.&nbsp;

Tree-lined laneways or "eat streets" will spill out onto the footpaths between Franklin and Grote streets, offering a combination of casual eateries and sit-down restaurant options both day and night. These streets will be surrounded by a backdrop of living green walls that will provide shade and cooling and mitigate the impacts of the heat-island effect.

<img alt="Render the proposed Franklin Street site" data-entity-type="file" data-entity-uuid="3e493062-131b-4935-92ab-f5b87e8a215d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-05%20at%2011.47.43%20am.png?VersionId=fxQTWTKiSwCmR8O2KqOcIiwqemQ.H.Tx" />Render the proposed "eat streets" within the Franklin Street site. Credit: Renewal SA

Renewal SA Chief Executive, Chris Menz said the site represents a significant economic opportunity for Adelaide and a chance to set a new benchmark for inner-city living.

“We have a target to deliver Adelaide’s first carbon neutral precinct, that will be focussed on connection, lifestyle, culture and growth for our city,” he said

“Tapangka will feature a diverse mix of long and short-term housing options. The precinct will also be a new place to do business, featuring a range of flexible commercial spaces, and crucially it will extend and compliment the Adelaide’s central market experience, and increase visitation to the city.”

The development will also feature extensive public art throughout Tapangka, celebrating the Kaurna culture, and a public open space owned by the City of Adelaide along Grote and Bowen streets will undergo a $1.2 million upgrade by the state as part of the development.

The multi-million-dollar development will become a significant jobs driver for South Australia, with more than 1,300 jobs expected to be generated during the construction period alone. The project will also contribute more than $161 million of Gross Value Add to the state.

Renewal SA has a proven track record of shaping cities and precincts, including urban infill redevelopment at Bowden and the adaptive reuse of the former Mitsubishi car plant in Adelaide's south to create Tonsley Innovation District.

Construction of the Tapangka precinct will be staged and is expected to commence in early 2026 with opportunities for designers, developers and builders to participate in the project. Project completion is anticipated by 2029.

[smartcode_project_cta:default project_id=139948]

alisonwarters@gmail.com

Former Adelaide Bus Station earmarked for major mixed-use redevelopment 

Adelaide has continued to lead the property bounce back with the house price fall expected in Sydney and Melbourne not reaching the South Australian capital.

Adelaide dwelling prices could rise by up to eight per cent growth, SQM Research&rsquo;s&nbsp;Boom and Bust&nbsp;report predicted last November.

Units are expected to yield better results than homes this year, as affordability issues restrict many buyers from entering the property market.

Nonetheless, interstate investor interest has continued, especially as Adelaide rose to be the third most liveable city in the world according to the latest Economist Intelligence Unit&rsquo;s survey.

Urban has wrapped the best apartments on offer across South Australia&#39;s capital.

1. Quayview on Adelphi, Glenelg North 
Developer: Barrio Developments

Offering a collection of 44 apartments, Quayview on Adelphi delivers a collection of 21 unique floorplans and views, catering for every kind of lifestyle.

[smartcode_project:default project_id=9249 project_image_fid=79233]

Positioned on Glenelg North&rsquo;s highly regarded Adelphi Terrace, the architecturally designed development boasts convenience and luxury.

Designed by local designer Tetvs, Quayview offers floor-to-ceiling windows, large balconies, generous living spaces and a communal rooftop garden area.

2. The Brougham, North Adelaide 
Developer: Hindmarsh

Whilst all the apartments at the Brougham have now sold out, a one-of-a-kind residence remains following extensive restoration works.

[smartcode_project:default project_id=26729 project_image_fid=169569]

The three-bedroom, three-bathroom home features an expansive master bedroom suite, a formal lounge and dining area with two-way fireplace, conservatory, study, private courtyards, and secure parking for two vehicles.&nbsp;

Maintaining its original bluestone fa&ccedil;ade, the development is situated in North Adelaide&rsquo;s most premium location, looking over Brougham Gardens and the city beyond.

3. Realm, Adelaide 
Developer: Parallel Property

Featuring some of the city&rsquo;s most expensive apartments, Realm delivers luxurious amenities and quality living to Adelaide&rsquo;s CBD.

[smartcode_project:default project_id=6083 project_image_fid=24425]

Designed by Elenberg Fraser, the slimline and stylish tower rises above the historic Assay House, built in 1858, and comprises a collection of 320 apartments.

The project features an on-site CrossFit gym, 25-metre outdoor pull, yoga studio, large entertaining deck, indoor dining area and Wellness Centre.

4. Klemzig on Fourth, Klemzig 
Developer: Rivergum Homes

Located just six kilometres north of Adelaide, Klemzig on Fourth is a new collection of cleverly designed homes for a youthful, modern lifestyle.

[smartcode_project:default project_id=22074 project_image_fid=36924]

Positioned between the winding paths and foliage of the River Torrens Linear Park Trail and North East Road, the project is ideal for the first home buyer or young family looking for value in today&rsquo;s market.

Designed and built by Rivergum Homes, Klemzig on Fourth offers a unique range of floorplans, styles and living options, without compromising quality, style, space or location.

5. East End, Adelaide 
Developer: Wellstone

East End is a 16-storey building delivered by Wellstone, that delivers 140 modern two and three-bedroom apartments in the heart of Adelaide&rsquo;s East End.

[smartcode_project:default project_id=6087 project_image_fid=24430]

Many of the residences provide 360-degree panoramic cityscapes, including views across parklands and botanical gardens.

Set on Pirie Street, the development is within close proximity to Hutt Street and Rundle Street, a number of transport options and strong educational institutions.

Adelaide has continued to lead the property bounce back with the house price fall expected in Sydney and Melbourne not reaching the South Australian capital

max.kwok_55688

New apartments in the Festival State: The top five off the plan apartments for sale in Adelaide 

EXPERT OBSERVER

Adelaide is the best story in Australian real estate that never gets told. It&rsquo;s our most under-rated market and one that is delivering big time to those smart enough to see its potential.

For any investor who likes great value for money, high rental yields driven by ultra-low vacancy rates and great potential for growth underpinned by a rising economy, then Adelaide needs to be on their list of prime considerations.

My latest quarterly survey of sales activity and prices confirms that Adelaide is the big improver among the city markets. The previous quarterly survey found a record number of rising markets, but this new survey has topped that by a big margin.

Two-thirds of suburbs across the Adelaide metropolitan area now have rising sales activity. The number of rising markets identified in my five most recent quarterly surveys have been 52 62 93 104 125.

The continued rise of the Adelaide market has been led by several municipalities which increased the number of rising suburbs in this survey: Charles Sturt, Campbelltown, Tea Tree Gully, Marion, Onkaparinga, Mitcham, Holdfast Bay and Playford.

[smartcode_project:default project_id=6124 project_image_fid=26465]

But the leading LGA continues to be Port Adelaide Enfield, which has 14 suburbs with rising sales activity, including Blair Athol, Broadview, Croydon Park, Greenacres, Klemzig, North Haven, Windsor Gardens and Royal Park.

Close behind is the City of Marion, where the number of rising suburbs has increased from 8 to 13 in this latest survey. Growth markets include Park Holme, Plympton Park, Glengowrie, Dover Gardens, Mitchell Park and Morphettville.

Another big improver is Charles Sturt, where the number of upwardly-mobile suburbs has jumped from 6 to 12.&nbsp; Tea Tree Gully has almost matched that, with 11 rising suburbs, compared to 6 three months ago.

The LGA of Onkaparinga in the far south of Adelaide continues to feature, with 10 suburbs with improving sales activity, led by Happy Valley with quarterly sales of 38 54 60 79.

[smartcode_project:default project_id=6082 project_image_fid=37152]

There is growing demand in the affordable regions in Adelaide&rsquo;s north: the Playford LGA has rising sales activity in 12 of its 13 suburbs, while nearby Salisbury has 9 rising suburbs.

In the Playford LGA, quarterly sales in Andrews Farm have been 42 54 63 88 while Blakeview has recorded 38 46 49 48 54 67. In the Salisbury LGA, Mawson Lakes has recorded 67 80 87 115 122 and Paralowie has done 41 72 62 80 101.

Other improvers include the LGAs of Campbelltown (7 growth suburbs), Burnside (5), Holdfast Bay (5) and Mitcham (7). In the suburb of Campbelltown, quarterly sales have been 56 60 66 66 86 80 97, while in Somerton Park in Holdfast Bay sales have been 31 40 41 45 59.

Overall, there are 12 municipalities across the Adelaide metro area with at least five growth suburbs.

Prices in Adelaide have responded to the steady uplift in the number of rising suburbs, with 90% of locations across the city recording increases in their median house prices over the past 12 months. A similar number have risen in the most recent quarter.

[smartcode_project:default project_id=27695 project_image_fid=133698]

The most prolific municipality for price growth is the Onkaparinga LGA, noted earlier as an area with growth in the number of suburbs with rising activity: 12 suburbs in this LGA have delivered double-digit growth in their median house prices, led by Seaford (up 19% to $420,000) and Huntfield Heights (up 17% to $335,000). Most of these growth markets have median house prices below $450,000.

The Port Adelaide-Enfield, the leading LGA for the number of rising suburbs based on sales activity, is also seeing strong growth in median prices. Dernancourt ($530,000) and Largs Bay ($655,000) have both increased 18%, while Largs North ($515,000) has grown 17% and Kilburn ($475,000) 16%.

Charles Sturt, noted earlier as an LGA where the number of rising markets has doubled, has good price growth, headed by Henley Beach South (up 20% to $1,060,000), Brompton (up 18% to $595,000) and Grange (up 16% to $830,000).

[smartcode_project:default project_id=27233 project_image_fid=80673]

Suburbs with strong price uplift are distributed right across the Adelaide metropolitan area. Notable performance has occurred in Seacliff (Holdfast Bay), up 25% to $865,000; Toorak Gardens (Burnside), up 23% to $1,600,000; Craigburn Farm (Mitcham), up 22% to $860,000; Lockleys (West Torrens), up 24% to $810,000; and Fullarton (Unley), up 21% to $1,105,000).

In the cheaper areas of the city, Salisbury Downs ($355,000), Salisbury Heights ($455,000), Elizabeth Downs ($210,000) and Munno Para ($295,000) have all risen 16-17%.

But the No.1 suburb for annual growth in median house prices is Walkerville, which has increased 31% to $1,490,000.

Two-thirds of suburbs across the Adelaide metropolitan area now have rising sales activity

terryryder

The rise and rise of Adelaide's property market: Hotspotting's Terry Ryder

Plans have been unveiled to build Adelaide&rsquo;s tallest tower behind the Freemasons Hall.

A 160m-high tower is proposed for North Terrace.

The $120 million proposal includes a mix of hotel, student accommodation, office and hospitality spaces.

The city&rsquo;s Freemasons branch are considering the proposal which would raise funds for repairs to their 1920s heritage-listed building.

The Adelaide Advertiser advised a joint-venture partner was likely to be sought.

It has been estimated around $9 million is needed for rectifications.

The proposal includes 200 hotel rooms and 204 student accommodation beds across at least 33 storeys inspired by the architectural principle of Entasis.

There are plans to build Adelaide’s tallest tower behind Freemasons Hall

jchancellor

Adelaide’s tallest tower set for Freemasons Hall site

Adelaide provides&nbsp;luxury living&nbsp;at an affordable price and, as&nbsp;investors&nbsp;flock to the contemporary city, developers are beginning to offer beautiful projects to meet the demand.

Prices in the South Australian capital are predicted to&nbsp;rise by 10 per cent this year,&nbsp;according to Hotspotting&#39;s Terry Ryder, making now the time to enter the city&#39;s burgeoning luxury property market.

Urban takes a look at four new luxury residences on the market in Adelaide from just $375,000.

1. Quayview on Adelphi, Glenelg North 
Address: 22-23 Adelphi Terrace, Glenelg North SA 5045 
One-bedroom apartments from $375,000

[smartcode_project:default project_id=9249 project_image_fid=37486]

Offering a collection of 44 apartments, delivering a range of 21 unique floorplans and views, Quayview on Adelphi caters for every kind of lifestyle.

Positioned on Glenelg North&rsquo;s highly regarded Adelphi Terrace, the architecturally-designed development boasts convenience and luxury.

Designed by local designer Tetvs, Quayview offers floor-to-ceiling windows, large balconies, generous living spaces and a communal rooftop garden area.

2. Grow at Goodwood 
Address: 136 Goodwood Road, Goodwood SA 5034 
Two-bedroom apartments from $490,000

[smartcode_project:default project_id=27695 project_image_fid=133698]

Delivered by Bud Urban, Grow at Goodwood delivers 18 light-filled two and three-bedroom apartments to Adelaide&rsquo;s inner-south.

The project is moments from the Adelaide CBD and surrounded by a green wedge of landscaped gardens and parklands.

Grow features full-sized kitchens, open floorplans, full-length windows and generous balconies, designed by DKO Architecture.

3. Norwood Walk, Norwood 
Address: 12-14 Elizabeth Street, Norwood SA 5067 
Two-bedroom apartments from $750,000

[smartcode_project:default project_id=26642 project_image_fid=133683]

Consisting of 13 two and three-bedroom apartments, Norwood Walk is Bauhinia Property Development Group&rsquo;s latest South Australian development.

The homes feature a minimalist design, expansive courtyards and covered balconies set amongst Norwood&rsquo;s wide tree-lined boulevards.

Each residence features an open plan living and dining, classic designs and beautiful finishes.

4. Hyde Park Place, Hyde Park 
Address: 248 Unley Road, Hyde Park SA 5061 
Three-bedroom apartments from $609,000

[smartcode_project:default project_id=22019 project_image_fid=80658]

Developed by SA-based property development firm Citify, Hyde Park Place delivers sophistication and elegance to its residents.

The 67-resident project is rooted in a historic bluestone podium and features modern glass windows.

Homebuyers can choose from two design schemes, &#39;Manhattan Modern&#39; or &#39;Hamptons Luxe&#39;, while enjoying the numerous amenities the project has to offer.

Hyde Park Place features a pool and sun deck, gym, sauna and poolside lounge.

Adelaide provides luxury living at an affordable price, and prices are predicted to rise 10 per cent this year

Top luxury apartments for sale in Adelaide from $375,000

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Founded in Adelaide, Woods Bagot is now a global architectural studio with studios spanning across six regions.

The firm, which prioritises “human experience and delivers engaging, future-oriented projects for its clients”, has become synonymous with deeply-considered and innovative design, engaging clients and communities in their design process.

“Prioritisation of experience and liveability shift the definition of residential value from traditional area calculations to quality and flexible functionality”, said Woods Bagot principal Simon Saint.   

Past projects by the firm include the Ivy in Sydney, the Wynyard Walk, which connects Wynyard Station to the Barangaroo waterfront, and the 184-residence mixed-use Collins Arch project in Melbourne.

The architectural firm now has over 60 projects it has designed listed on Urban. Here are six of our favourites that homebuyers can secure via Urban today. 
 

1. Miles Residences, Kirra Point 
Address: Corner Miles Street and Marine Paradise, Kirra QLD 4225 
Two-bedroom apartments from $795,000

[smartcode_project:default project_id=27575]

This Woods Bagot-designed apartment features timber flooring, a flexible open-plan layout and floor-to-ceiling windows.

Delivered by the KTQ Group, the development offers a collection of one, two and three-bedroom apartments on one of Australia’s rare north-facing beaches.

“Considered architecture and thoughtful design capture the north-facing aspect, inviting you to stop, sit back, and soak it all up”, the project marketing reads.

Amenities include multi-purpose rooms, bike and surfboard storage, mezzanine level pool and beachside deck. 
 

2. The Precinct, Mount Pleasant 
Address: 893 Canning Highway, Mount Pleasant WA 6153 
Two-bedroom apartments from $615,000

[smartcode_project:default project_id=8514]

The 22-storey smart building is evidence of the architects considered approach, offering electric car charging points, centralised home automation and E-keys for a modern living experience.

Views in the residences span from Kings Park and the CBD in the north to the converging Swan and Canning Rivers. 
Maximising the Melville Council's $235 million redevelopment vision for this Canning Bridge area, Norup + Wilson deliver Feng Shui infused designs, plenty of off-street parking and low-carbon living. 
 

3. Crest, Burswood 
Address: 120 Goodwood Parade, Burswood WA 6100 
Two-bedroom apartments from $635,0003

[smartcode_project:default project_id=8515]

Another development created in partnership between Norup + Wilson and Woods Bagot is Burswood’s Crest Apartments.

The 21-storey building features spacious living, extensive joinery and views of the surrounding city.

The Crest boasts stylish, bespoke wooden cabinetry and island benches, as well as amenities including a rooftop garden area, outdoor cinema and heated pool. 
 

4. 180 George, Parramatta 
Address: 180 George Street, Parramatta NSW 2150 
Two-bedroom apartments from $715,000

[smartcode_project:default project_id=8590]

Meriton’s world-class 180 George development brings together beautifully designed residences with the ideal lifestyle amenities to suit everyone.

The 767-apartment development features communal open space, including rooftop gardens, a sundrenched podium terrace and a barbeque area.

The 1,200 sqm podium gardens complement the adjoining 58-level hotel suites tower. 
 

5. Penny Place, Adelaide 
Address: 17 Penny Place, Adelaide SA 5000 
Two-bedroom apartments from $607,500

[smartcode_project:default project_id=9286]

Situated in the heart of Adelaide, Penny Place deliver intuitive floorplans and spacious one and two-bedroom apartments.

The collection of 152 apartments extends 23-storeys and offers full-width balconies, internal laundry and panoramic views across the South Australian capital.

In the kitchens, flawless quality persists with Caesarstone kitchen bench top's, Bosch cooktop and oven, Fisher &amp; Paykel dishwasher and feature LED strip lighting in the kitchen. 
 

6. The Standard, South Brisbane 
Address: 13-17 Manning Street, South Brisbane QLD 4101 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=7500]

The Standard is the newest luxury high-rise in the vibrant South Brisbane, soaring 32 floors above the waterfront suburb by ARIA Developers.

Comprising 260 spacious one, two and three-bedroom apartments, the development offers exclusive amenities, including garden terraces, residents’ bar, sunken lounges, cinema spaces, lap pool and sun-lounges.
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Woods Bagot has become synonymous with deeply-considered and innovative design, engaging clients and communities in their design process

Six properties designed by acclaimed architects Woods Bagot currently selling on Urban

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Adelaide provides luxury living at an affordable price, when compared to cities like Sydney and Melbourne. However, ranking tenth in the Economist's global livability rankings twice in a row, it is no wonder why investors and owner-occupiers are flocking to the South Australian city. 

Adelaide prices are predicted to rise by 10 per cent this year, according to Hotspotting's Terry Ryder, making now the time to enter the city's burgeoning luxury property market.

Urban takes a look at four of Adelaide's most luxurious residences on the market today. 
 

1. <a href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview">Realm, Adelaide</a> 
Address: 9-19 Austin Street, Adelaide SA 5000 
Three-bedroom apartments from $2,200,000

[smartcode_project:default project_id=6083]

Delivered by Parallel Property, Realm features 320 apartments in one, two and three-bedroom configurations. Primely positioned in the heart of the Adelaide CBD, the Realm’s three-bedroom apartments

Residents of Realm will have access to the various amenities within the tower designed by Elenberg Fraser. These include a CrossFit gym, 25-metre swimming pool, outdoor entertaining area and wellness centre.

In 2018, Realm’s northern penthouse sold for $5.2 million, breaking the record for the most expensive apartment ever sold off the plan in Adelaide. The southern penthouse is currently on the market, marketed by Fox Real Estate’s Marina Ormsby. 
 

2. <a href="/new-apartments/botten-bowser-69-71-melbourne-street-north-adelaide">Botten + Bowser, North Adelaide</a> 
Address: 69-71 Melbourne Street, North Adelaide SA 5006 
Penthouse apartments from $1,770,000

[smartcode_project:default project_id=27233]

Two penthouses are for sale in Citify’s Botten + Bowser development in North Adelaide. The project boats sustainable design, with low energy features, louvre screening and greenery on each apartment’s balcony.

Located on the sixth floor of the building, the three-bedroom, two-bathroom residences feature gas fireplaces, wraparound balconies and views of parklands, city, Adelaide Hills and beyond. 
 

3. <a href="/buildings/tranquilla-255-military-road-west-lakes-shore">Tranquilla, West Lakes Shores</a> 
Address: 255 Military Road, West Lake Shores SA 5020 
Three-bedroom townhomes from $1,350,000

[smartcode_project:default project_id=21646]

Located on Adelaide’s coast, Tranquilla is a collection of luxury beachside homes delivered by LuxeHaus Developments and Circa Property Group. West Lakes Shore, the quiet hero of Adelaide’s metro coastline, offers an unbeatable coastal location within close proximity to the CBD.

Only two luxury beachfront homes remain within the development. Priced from $1.35 million, the residences feature natural Italian stone surfaces, six-star bathrooms, architectural landscaping and ocean views. 
 

4. <a href="/buildings/two-four-six-246-unley-road-unley">Two Four Six, Unley</a> 
246 Unley Road, Unley SA 5061 
Three-bedroom apartments from $1,350,000

[smartcode_project:default project_id=6124]

Two Four Six offers buyers the chance to secure a luxury apartment in the sought-after suburb of Unley, the most searched suburb for both homes and apartments in Adelaide, according to REA.

Delivered by Catcorp, Two Four Six features large glass balconies, sandstone terraces, floor-to-ceiling windows and ample storage.

NB: This article was updated March 8
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Urban takes a look at four of Adelaide's most luxurious residences on the market today

April 2021: Adelaide's top luxury residences on the market right now

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George J Nowak, of the Charterhill Group, has filed for bankruptcy after the Federal Court in Adelaide froze his assets and those of his wife back in February.
At the time, the <a href="/news/federal-court-freezes-assets-of-charterhills-george-nowak">court had ordered the surrender of their passports, and restricted their travel outside of the country</a>, while ASIC investigated the collapse of the Charterhill Group.
The Charterhill Group specialized in assisting clients to invest in property with their SMSFs. This left nearly $6 million of super at risk.
Macks Advisory’s Peter Ivan Macks has been appointed as Nowak’s trustee, and he has advised that the bankruptcy came following an appointment of liquidators to companies within the Charterhill Group Lending Solutions International Pty Ltd and Nova Real Estate Pty Ltd.
Nowak, who lodged a statement of affairs with the trustee, listed 31 companies he was director and/or shareholder of.
The statement of affairs was signed and dated 30 June 2014, and lodged with the Debtor's Petition on the same day. The Debtor's Petition was accepted on 2 July 2014.
It is noted that unsecured creditors totals approximately $7 million. This includes a claim in his estate, brought by Nova Real Estate’s liquidators – of approximately $6 million.
Investigations are underway, but return to creditors at this stage is unlikely.
The following companies in the Charterhill Group were placed under external control in February:
•    Lending Solutions International Pty Ltd – liquidators appointed (Andrew Heard and Anthony Phillips of Heard Phillips)
•    Nova Real Estate Pty Ltd – external administrators appointed (Andrew Heard and Anthony Phillips of Heard Phillips)
•    EJ Property Developments Pty Ltd – receivers and managers appointed (Michael Basedow and Leigh Prior of Pitcher Partners)
•    Financial Wellness Pty Ltd – receivers and managers appointed (Michael Basedow and Leigh Prior of Pitcher Partners).
YOU MAY ALSO WANT TO READ
Investor update: <a href="/news/investor-update-charterhill-issues-clients-apology-after-closure">Charterhill issues clients apology after closure</a>
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Charterhill's George Nowak files for bankruptcy following liquidation of companies

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Adelaide dwelling values held over June quarter, according to CoreLogic’s latest update report.
The property data firm says that however the unit sector’s performance fell over the quarter.
For more information see the video below:
<iframe src="https://www.youtube.com/embed/ydpoi0iHa1U" frameborder="0" width="450" height="253"></iframe>
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j.ballantyne1990-6AQqhLzZaK

Adelaide housing market update: Tim Lawless

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EXPERT OBSERVER
Adelaide is challenging Canberra as the most consistent market in capital city Australia. It keeps delivering good sales activity and above-average results on house prices – and continues to be our most under-rated market.
You’d never know any of this, as real estate consumers, because of the way mainstream media reports real estate – a focus on median price data to the exclusion of all other market barometers, sweeping generalisations which often discuss Australia as a single market, an obsession with Sydney and Melbourne as the only markets of importance, an annoying tendency to zero in on negatives, and a host of other problems.
Media seldom bothers to discuss Adelaide and when it gets the occasional brief mention it’s usually a generalised “Adelaide prices grew only 1% in the past year” or “the median house price for Adelaide fell 0.3% in the latest quarter”.
This tells us nothing of value – and disguises the multiplicity of scenarios playing out in the markets of the South Australia capital city.
So, for something with a little more depth, that tells you something that actually has value, consider the following:
In the five years Hotspotting has been conducting quarterly surveys of sales activity and price trends, Adelaide has never delivered a poor result. Most cities have had peaks and troughs in that time, but Adelaide just keeps on producing steady markets with consistent demand. 
Seven out of ten Adelaide suburbs have experienced growth in their median house prices in the past 12 months, many of them with rises above 5%. 
The list of suburbs with growth above 15% is dominated by top-end locations, a positive sign for the market overall, which we believe is poised for a significant growth phase.
Hotspotting’s Winter survey has identified 64 Adelaide suburbs with rising sales momentum, the second highest quarterly result for the city since we started the surveys. Over the past couple of years, the number of growth suburbs has been 45, 58, 61, 71, 60, 62 and 64.
Adelaide continues to rank well ahead of Sydney, Melbourne and Brisbane, as well as the recovering Perth market, in terms of the number of growth suburbs – and ahead of most state regional jurisdictions (where many of the strong growth markets are found at present).
There are 10 Local Government Areas across the Adelaide metropolitan area with three or more suburbs with upwardly-mobile markets.
The Marion LGA, a middle-market area in the south-west of Adelaide which has been a market leader for the past 18 months, is once again a standout – one that ranks nationally. It has nine suburbs with rising sales patterns, including Ascot Park, Edwardstown, Glengowrie, Hallett Cove, Marion, O’Halloran Hill and Seacombe Gardens.
The Charles Sturt LGA, which extends north-west from central Adelaide out to the beach areas, is close behind with eight rising suburbs. They include inner-city Brompton (where quarterly sales have been 23, 32, 38 and 50) as well as middle-market suburbs like Findon, Seaton, Flinders Park (quarterly sales 22, 25, 25, 32, 35 and 38), Woodville South and Fulham Gardens. Henley Beach and West Beach also have growth momentum.
Port Adelaide Enfield continues to be a leading precinct, with seven growth suburbs including Croydon Park, Dernancourt, Greenacres, North Haven, Rosewater and Royal Park.
Onkaparinga, which always features in our Adelaide analysis, also has seven suburbs with growth momentum – including Aldinga Beach (where quarterly sales have been 54, 63, 67 and 70), Christies Beach, Hackham, Happy Valley, Old Reynella and Seaford.
Six municipalities have between three and five rising markets each: the Burnside, Holdfast Bay, Mitcham, Salisbury, Unley and West Torrens LGAs.
While sources such as CoreLogic and SQM Research often report annual growth of only 1-2% in Adelaide house prices, these generalised figures disguise individual areas which have done better. Our suburb-by-suburb analysis shows that 70% of Adelaide suburbs have median house prices higher than a year ago - and almost half of those have grown by more than 5%.
Of the 189 Adelaide suburban markets analysed, 54 have grown 5% or more and 64 have increased by less than 5%. There are only 17 suburbs in the Adelaide metropolitan area where median house prices have fallen by more than 5%.
Many of the suburbs with the highest annual growth are towards the upper end of the Adelaide market, headed by North Adelaide (up 29% to $1,075,000), Somerton Park (up 27% to $955,000), Unley (up 14% to $990,000) and Henley Beach South (up 15% to $985,000). Aldgate and Beulah Park, with median house prices in the $800,000s, have both risen 15-16% in the past 12 months.
But there is strong growth also in other price ranges, including Mansfield Park (up 20% to $405,000), Elizabeth North (up 18% to $180,000), Underdale (up 16% to $665,000) and Broadview (up 15% to $570,000).
 
Terry Ryder is the founder of hotspotting.com.au
<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>
twitter.com/hotspotting
 
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