<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

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Savills South Australia have sold two Adelaide CBD commercial office buildings for a total of $37.5 million, reflecting a 7.5% yield.
The adjacent properties at 60 Wakefield Street and 21 Divett Place were sold by Peter Isaksson and Rino Carpinelli of Savills on behalf of the South Australian government.
The properties were acquired by property syndication firm Ascot Capital Limited in association with Adelaide-based financial group Finance Mutual Australia (FMA).
Ascot and FMA intend to do more transactions together and are actively looking for other opportunities that meet their requirements, Peter Isaksson, Divisional Director Capital Transactions of Savills South Australia, said.
The rare offering of two Adelaide CBD properties on long-term leaseback to the South Australian government, attracted strong interest from local and national buyers.
The sale followed Savills’ sale last year of the 22 King William Street office building for $41.8 million.
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jchancellor-FAypfDUnLy

Savills sells two Adelaide CBD office blocks

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Australian Property Monitors (APM) has released a list of auction results in Adelaide for the weekend of 2 May.
<a href="https://www.homepriceguide.com.au/saturday_auction_results/Adelaide.pdf" target="_blank" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.
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APM's 2 May weekend auction results for Adelaide

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The Adelaide housing market recorded another year of solid activity over 2014 with the median house price increasing by 4.6%, according to the Domain Group senior economist, Andrew Wilson.
This is despite the continued underperformance of the local economy. Up from the 3.4% recorded over 2013, this growth reflects a market finding its feet again after a prolonged period of subdued buyer activity.
<img src="/images/2015/03/12/adelaide-mar-12-one.jpg" alt="">
Source: Domain Group
Buyer activity in the Adelaide housing market has centred on mid to upper price ranges, particularly in the established western and eastern suburban areas.
Lower interest rates will fuel confidence in aspirational buyers in these areas again through 2015.
The budget markets to the north and south will remain subdued as high unemployment and concerns over job security constrains growth.
<img src="/images/2015/03/12/adelaide-mar-12-two.jpg" alt="">
Source: Domain Group
The Adelaide market is set for another solid year in 2015 with prices growth likely to be similar to those recorded over the past two years.
The median house price in Adelaide is forecast to increase again by between 3 and 5% over the year 
<img src="/images/2015/03/12/adelaide-mar-12-three.jpg" alt="">\
Source: Domain Group
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Budget Adelaide market tipped for subdued 2% annual growth: Domain Group

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St Joseph's Refuge in Adelaide's Fullarton is up for sale.
The handcrafted sandstone building, on a 4,350 square metre plot, is over 100 years old, constructed circa 1900.
Currently used as a Christian church, the two storey building has around 20 separate rooms for meetings, offices or event spaces, plus bathrooms and kitchen areas, one approaching commercial size. The church congregation owns the estate.
Marketing agents Peter McMillan and Eloise McMillan of Toop &amp; Toop Hyde Park note in the property's listing that the property could be used for student or aged care accommodation, or as an educational, healthcare or religious institution, or as a particularly large family home.
They are accepting expressions of interest for the property at <a href="https://www.realestate.com.au/property-house-sa-fullarton-119235755" target="_blank">82 Wattle Street in Fullarton</a> until 8 April.
The building was established as two 30 bed dormitories with a large hall and community room, with construction beginning in late 1900. Architect E J Woods designed the premises on the plot, which previously held a jam factory. Lady Tennyson opened the facility in September of 1901.
According to a 1900 issue of Adelaide's <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/ndp/del/article/36979270" target="_blank">The Advertiser</a>, the Catholic refuge was originally intended to shelter young expectant mothers or recent mothers who were unmarried, no matter their religion or denomination.
The <a href="https://www.samemory.sa.gov.au/site/page.cfm?u=1461&amp;c=1554" target="_blank">Adelaide Observer </a>in 1901 noted, however, that the Sisters of St Joseph's refuge also provided accommodation and care for women with criminal backgrounds and new migrants. The organisation, founded by Mother Mary MacKillop in 1963, was funded by a combination of public donations, church collections and earnings from the women themselves, some of whom worked in the laundry.
The refuge moved into the Fullarton premises after becoming too large for their previous Norwood premises. The Fullarton refuge provided room for "80 inmates and 30 babies", as well as the 10 or so sisters, according to the Adelaide Observer.
In 1963, the Daughters of Charity took over the institution, and it later became known as Louise Place.
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jrichardson-uRX5hFdKfN

Fullarton, Adelaide's St Joseph's Refuge on the market

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The 29-storey Eclipse is set to become Adelaide’s tallest residential building, set on the northern edge of Rundle Mall. 
A Sydney-based consortium hopes, subject to approvals, to start construction in 2016 on the 272 apartment block that will tower 94 metres above the city. 
Adelaide's tallest building is Westpac House (all commercial) at 132 metres and 31 storeys, with Adelaide's tallest residential building being King William Tower at 65 King William Street at 70 metres. Originally built as the ATO offices, it was converted to 126 units around 2004.
The only mooted challenger on the skyline will be Vue on King William Street, which when completed next year will be 89 metres.
<img src="/images/2015/02/12/CGI%20VIEW%20FROM%20NORTH%20TERRACE.jpg" alt="">
The Eclipse Project is proposed for a 1,536 square metre precinct bordering Austin Street and Porters Lane.
The Government of South Australia’s Development Assessment Commission is currently assessing the application.
Consortium members have previously been associated with residential projects including 500 units for student accommodation in Adelaide on Rundle Mall and Hindley Street between 2000 and 2008.
Project director Jonathan McKenzie said Eclipse was prompted in part by the reform of planning laws, and the removal of height limit restrictions.
“There is also a strong message coming from the Government of South Australia that the city is poised for growth and this makes Adelaide a compelling investment option,” he said.
The Eclipse tower will include 272 apartments, comprising 56 one-bedroom apartments, 164 two- bedroom apartments and 52 three-bedroom apartments designed by architecture firm Elenberg Fraser.
“We are very excited to make our first contribution to the Adelaide skyline,” Kim Lai from Elenberg Fraser said.
The consortium comprises Garry Parker, Peter Sprowles, Paul Smith and Jonathan McKenzie. 
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 Eclipse 29 storey Adelaide highrise residential proposed

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Adelaide’s largest CBD shopping centre, Myer Centre Adelaide has been listed for sale.
Novion Retail Partnership has put the Myer Centre Adelaide in Rundle Mall up for sale through JLL’s Simon Rooney.
The initial early price expectations are for close to $270 million, according to the Australian Financial Review.
The centre has had a $35 million upgrade across its 60,109 square metres of retail space and 9,558 square metres of office accommodation. 
Myer Centre Adelaide features eight mini-major tenants, 88 specialty tenancies, 11 kiosks, six ATMs and 467 basement car parking spaces.
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Adelaide’s largest CBD shopping centre, Myer Centre Adelaide for sale

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The London-based former foreign minister Alexander Downer and wife, Nicky secured $1,125,000 when Brampton House, their Adelaide Hills ­family home sold mid-last year.
Downer is currently serving as Australia's high commissioner to Britain, a job his father did in the 1960s.
The sale was among the $243 million in house sales last year in the Adelaide Hills municipality. There were 550 houses sold, according to RP Data, at a $430,000 median. There was a $440,000 median in 2013 and a $460,000 median in 2010.
The busiest year, with almost 600 houses sale, was 2013.
Brampton House is named after the Derbyshire town where Nicky Downer was born. 
<a href="https://www.toop.com.au/details.asp?id=17367" target="_blank">Toop &amp; Toop agent Arabella Cooper</a> was expecting $1.2 million plus for the five-bedroom, ­two-bathroom home set on four hectares where six cross bred Dorper sheep kept the grass down.
{qtube vid:=gABj61eVUrw}
The one-storey house, 20 minutes up the South Eastern Freeway from Adelaide, has a pool, tennis court and spring-fed dam.
There are views north-east over the Onkaparinga Valley.
The Downers found the land at Mount George in 1988 while living in Macclesfield.
They are empty nesters as their four children no longer live at home.
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London-based Alexander Downer sells Adelaide Hills home

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There is no surprise investor activity is heavily concentrated within the capital city inner city unit market. But the latest charts from Cameron Kusher at CoreLogic RP Data provides insights into the elevated level of investor purchasing.  
There are many suburbs were investors represent 50% plus of apartment buyers. Melbourne has the highest levels of investor activity for units, followed by Brisbane, Adelaide and Sydney.
 The spread of house investors are not an issue, other than one location in Brisbane. 
<img class="aligncenter size-full wp-image-4047" src="https://blog.corelogic.com.au/wp-content/uploads/2014/11/Chart-7.jpg" alt="Chart 7" width="500" height="315">
Source: CoreLogic RP Data
As Kusher suggests, if many investors were to exit the market at a similar time in search of superior returns, that could have some serious repercussions for the inner city unit market and potentially the wider housing market too.
Investors own a staggering 89% of units in <a href="/news">Travancore</a>, the Melbourne suburb.
Their report noted the suburbs with the highest levels of investor apartment ownership are often those with significant and large developments so <a href="/news">Travancore</a>, ranked above <a href="/news">Kingsville</a>, <a href="/news">Carlton</a>, <a href="/news">Elwood</a>, <a href="/news">Notting Hill</a>, <a href="/news">Hawthorn</a> and <a href="/news">Melbourne</a>.
 Each of these areas has more than seven in 10 units owned by an investor.
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Melbourne's most risky property investor dominated suburbs

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The Development Assessment Commission has given approval for a $105 million apartment building to go up in Adelaide’s West End.
The building, developed by Star Fish Developments, will feature exterior hanging gardens made up of over 3,000 plants. A 22 metre vertical garden will also be planted as a major design element of the building.
Bohem will consist of 220 apartments ranging from one bedroom to three bedrooms. There will also be a podium level rooftop garden with a pool, gym and barbeque area. Apartments are expected to be on the market by March 2015.
Apartment floor plans and pricing structures won’t be finalised until early next year. The current median unit price for Adelaide is $383,750.
Bohem has been designed by architects Woods Bagot, led by Principal Gavin Kain and South Australian architect Enzo Caroscio.
Star Fish Developments Managing Director, Damon Nagel says,”Adelaide’s West End is a fusion of cultures and styles and this is reflected in Bohem’s deign which brings together various design elements, scaled heights and setbacks, and exterior finishes and materials”.  
Approval for the building came after Star Fish Developments joint venture with Asian Pacific Group on the Vue apartments. Star Fish Developments now have $370 million worth of projects in progress across South Australia and Western Australia. 
<img src="/images/2014/11/20/WB_WRIGHT_view%201_FINAL_v6-lr.jpg" alt="">
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$105 million Adelaide development approved

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