The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Australia

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<img src="https://counter.theconversation.edu.au/content/57114/count.gif" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
We live in a global age of cities. Australia’s major urban regions are expanding rapidly. Melbourne took in a further 91,600 residents in 2014-15, giving an annual growth rate of 2.1 percent. It’s one of the fastest-growing cities in the developed world.
Australia’s other large cities also grew quickly in the past year – Sydney at 1.7 percent and Perth and Brisbane at 1.6 percent. Together the five largest cities added more than 250,000 residents in 2014-15. Projected over the next decade, that’s 2.5 million, the equivalent of adding an extra Brisbane.
Behind the gloss of ‘liveability’
In providing for the well-being of the next three million urban Australians, we need to take unvarnished stock of our situation. Australia’s cities have a reputation for being highly liveable, but such corporate metrics obscure many malign facets.
After three decades of market-driven urbanisation, our cities have become engines of social inequality. The rich have been lifted, inflating housing markets and capturing sites with the best government services and infrastructure and near to high-paid jobs. The poor are displaced to cheaper distant sites where employment, infrastructure and services are lean.
Our cities are socially divided. We’re doing little to redress these failures. 
Our cities are also machines for environmental degradation and climate change. Buildings and transport systems are overwhelmingly powered by fossil fuels. Expanding fringes continue to consume vulnerable habitats and precious agricultural land. Even infill development adds to urban land-clearing as backyard trees are bulldozed for townhouses and apartments.
We run our urban systems so that every new resident adds to environmental harm. We need to decouple urban growth from environmental loss.
We waste public resources on grand transport infrastructure for individual private motor vehicles. Our neglected public transport networks either struggle to meet demand, or are absent and so mire whole communities in costly car dependence. Car parking – ubiquitous, spatially hungry and inefficiently underpriced – consumes valuable urban space.
Our governance arrangements are mismatched to the scale of our urban problems. Financing arrangements favour the federal government, an absent actor in urban policy, save for election campaigns when infrastructure baubles are showered from on high. Meanwhile states struggle with their urban service responsibilities.
None of our cities have democratic processes that operate at the level of whole metropolitan areas. Brisbane comes close but is only one council among ten in the urbanised southeast Queensland region.
We urgently need to move beyond our failed model of urbanisation and development.
A fourth phase of urban growth?
Australian cities began as congested 19th-century administrative port towns. As the problems of housing and poverty emerged, we spent the 20th century suburbanising our cities. Via post-WWII reconstruction, we solved housing deficits with new residential suburbs linked to nearby manufacturing as a model of public welfare.
A third phase of urbanisation emerged in the 1980s as we offshored manufacturing. Our cities were reworked to the dictates of global capital by reorienting our inner-urban industrial cores around symbolic work and leisure complexes while deregulating planning and privatising infrastructure.
We began to infill our cities, but in a haphazard way, missing many of the assumed gains from consolidation. The reliance on markets has only added to our urban woes by reducing democratic influence on urban decisions.
With the failures of past planning now apparent, the unruly threat of a damaged and depleting planet is ushering us toward a fourth era of urban restructuring. What urban futures await? What might “City v4.0” look like?
Priorities for 21st-century cities
The problems are vast and complex, but here are some brief starting points.
The first big task for City v4.0 is rapid and radical decarbonisation of our urban systems to reduce our outsized consumption of planetary resources. We need to urgently reduce the use of fossil-fuelled automobiles by shifting to public transport and active travel modes.
Transport decarbonisation can be achieved by a combination of registration costs, road user charging, road space removal and expansion of public transport, though necessarily calibrated around progressive cost structures to avoid social harms. Walking and cycling, the cheapest and most sustainable modes, need an order-of-magnitude leap in the funding and support they enjoy.
We can’t wait for electric cars to be adopted en masse. That prospect is still decades away if it can be achieved at all. Electric cars are largely the preserve of the affluent. They offer little respite to poorer households driving older and less efficient fossil fuel cars across vast suburban distances.
We need to ensure decarbonisation is done inclusively rather than adding another axis of social division. It also means ditching most of our transport cost-benefit analyses which ignore environmental and social costs.
We need to resocialise our cities. Social disparities are hard to redress once entrenched, so that effort must start immediately. The first task is to achieve more even distribution of high-quality jobs, services and infrastructure across our cities so location does not equate to opportunity. This will require a mix of investment, active government planning and new revenue-raising models to fund better urban services.
We need comprehensive and progressive land taxes across our cities. These would draw revenue from the inflationary gains made in property markets during recent decades – which favour the wealthy – and redirect them to public purposes. Taxing higher-value service-rich inner properties, for example, to fund redress of suburban service and infrastructure deficits is an urgent urban reform for more inclusive, equitable cities.
Perhaps some land-tax revenue could go to rebuilding our degraded public housing stock. This has declined as a proportion of all dwellings in recent years.
Further mechanisms, like inclusionary zoning, to make our cities more inclusive and productive via more affordable housing are urgently needed. Removing minimum car-parking standards for infill developments could improve housing affordability and support sustainable transport.
Our cities need comprehensive plans to ensure urban land-clearing from infill development does not leave them overheated, stale and brown. Around half of all urban vegetation is on private land, so we need arrangements to preserve and extend green space. Converting underutilised road space to parks or biodiversity corridors has multiple benefits and should be widely adopted.
New paradigms of planning and governance 
A further opportunity, though rarely discussed, is to reactivate our lost capacity for regional planning. Population growth in the major cities should be discouraged in favour of regional centres.
And we need to see our major cities not just as individual primate cities but as networked city-regions. That would entail co-ordinated planning effort to better distribute new population, backed by active facilitation of employment and service investment. This would involve much faster trains than the puffing billies that currently serve our regional cities.
Lastly, our governance arrangements need urgent reorganisation to embed democracy at the meaningful level of the metropolitan area. This would provide a tangible and accessible middle tier between the incapacities of local governments and the general duties of state governments. Metropolitan plans with a clear democratic foundation and enabled by a clear fiscal base should be a priority for urban democratic improvement.
Nationally, we need better co-ordination of policies and funding between the federal government, which controls immigration and taxation, and lower tiers such as the states, which have all urban service responsibilities. Introducing a spatial perspective into all domestic federal policy to understand how federal actions impact cities and their regions would improve policy performance.
As a migrant country with a high rate of population growth, Australia takes people from less environmentally damaging nations and cities and, through our inefficient and degraded urban systems, turns them into some of the worst planetary consumers in the world. There seems little appetite for limiting immigration, nor is stopping urban population growth feasible.
So in an era of global urban transformation, we urgently need to change how we manage, build and grow our cities to version 4.0 so every additional resident enhances, rather than detracts from, the liveability, environmental sustainability and prosperity of our cities.
Jago Dodson is professor of Urban Policy and Director, Centre for Urban Research, RMIT University and author for The Conversation. He can be contacted <a href="https://theconversation.com/profiles/jago-dodson-2359" target="_blank">here</a>.
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jchancellor-FAypfDUnLy

City v4.0, a new model of urban growth and governance for Australia

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Chinese investment in Australia returned to positive growth in 2015, with commercial real estate making up for the drop in investment in the mining sector, says a new report by KPMG Australia and the University of Sydney.
The return of the mega deal, with seven investments of $500 million or more during the year, helped propel the total value of investment to US$11.1 billion ($15.09 billion), a 32.9 percent increase on the previous year in US$ terms (or a 59.5 percent increase in AU$).
This was the second highest inflow year for new Chinese investment into Australia, behind the previous peak driven by mining sector investment in 2008, says the latest Demystifying Chinese Investment in Australia, analysing Chinese outbound direct investment into Australia in 2015. 
On an international stage, Australia maintained its position as the second largest recipient of aggregated Chinese direct investment between 2005 and 2015, behind the United States, attracting a cumulative US$78.7 billion during the period.
In Australia, commercial real estate remained dominant for the second year in a row, accounting for 45 percent of the total deal volume. Commercial real estate investment grew to $6.85 billion from $4.37 billion in 2014. NSW attracted 94 percent of this investment, with investors focusing more on long-term development projects.
China Investment Corporation’s $2.45 billion purchase of Investa Office Portfolio was the major deal of the year in this sector.
<img src="/images/2016/04/11/Screen%20Shot%202016-04-11%20at%2010.29.04%20AM.png" alt="" width="471" height="370">
This year’s report also includes new research analysing the sentiment and attitudes of Chinese investors towards the Australian market.
“Following two years of moderately declining Chinese investment, the resurgence of interest and the diversification by Chinese companies in 2015 is a strong endorsement of the attractiveness of Australia’s economy. Alongside continued interest in the NSW and Victorian commercial real estate sectors, there has been activity and major deals in renewables, agribusiness, and for the first time, healthcare,” said report co-author, Doug Ferguson, head of KPMG Australia’s Asia and International Markets.
Professor Hans Hendrischke, Professor of Chinese Business &amp; Management at the University of Sydney Business School commented, “Our research has also shown that, for Chinese companies looking to expand internationally, Australia is seen as a strong first port of call."
The year also saw a lowering of the Foreign Investment Review Board limits for mandatory approval for agricultural land acquisition and the rejection of an application from a Chinese investor to purchase S Kidman &amp; Co – illustrating the sensitive and very public debate over investment in this sector. Nonetheless, Chinese investors are expected to remain strongly interested in Australian agribusiness.
Chinese investment in Australian infrastructure sector continued during the year, with the major deal being the 99-year lease of the Darwin Port to the Landbridge Group for $506 million. The outlook continues to look positive, with Chinese companies attracted to the strong local pipeline of opportunities offering relatively safe returns and a longer term investment horizon for co-operation.
Overall, Chinese investors remain bullish on Australia, with 65 percent saying their 3 year outlook is positive, and 55 percent planning to increase their Australian holdings in 2016.
 
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prateek24-ezbwHMbNAk

Commercial real estate tops Chinese investment in Australia in 2015: report

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Housing in Australia is more than 40 per cent overvalued, according to the Economist's latest round-up of global housing.
Last year, a similar report rated Australian property was more than 25 per cent overvalued and among the most expensive in the world, more than the United States and Britain. 
Globalisation has created a handful of metropolises that attract people, capital and ideas from all over the world, almost irrespective of how their national economy is doing.
House prices in such places, unsurprisingly, outpace the national average. In the Economist's latest update, it says prices have risen in 20 of the 26 countries tracked over the past year, at an (unweighted) average pace of 5.1 per cent after adjusting for inflation.
Prices in pre-eminent cities in these countries, however, have risen by 8.3 per cent on average.
In a survey conducted last year, fewer than one in nine residents of Amsterdam, Berlin, London, Paris, Stockholm and Zurich thought that it was easy to find reasonably-priced housing.
In these cities, house prices have risen at an average pace of 6.5 per cent a year over the past three years (again, unweighted), compared with a national average rise of just 3.2 per cent.
The value of homes in four cities on the Pacific—San Francisco, Vancouver, Sydney and Shanghai—has increased by 12 per cent a year over the past three years, twice the average national pace.
The supply of housing is rather inelastic, so in the short term house-price inflation is driven more by demand factors, such as the number of households, disposable income, interest rates and the yield available on other assets. In recent years all of these have helped to push house prices steadily upwards, especially in big cities.
BOOM TOWNS
In the conurbations in question, the number of households is rising fast as hordes of ambitious millennials pour in. Two in five of Zurich's residents were born outside Switzerland; 44 per cent are between the ages of 20 and 44.
The boom towns also have tight labour markets and therefore relatively high income growth: the unemployment rate in San Francisco and Stockholm is around a percentage-point lower than the national averages.
Some are havens for second homes and money seeking safety: foreigners snap up half of London's princeliest dwellings, according to Savills, an estate agent.
Finally, they provide a decent return: net yields in Vancouver were 11 per cent in 2015, according to MSCI, a data provider, three percentage points above the average for Canadian housing.
EXUBERANCE
Whenever the supply of a good is limited, there is potential for exuberance. San Francisco's property market is intertwined with the technology sector: since 2008 there has been a 93 per cent correlation between the monthly movements in the NASDAQ and house-price inflation in its metropolitan area. Since bottoming out in early 2012, prices in Silicon Valley have risen by 73 per cent, compared with 31 per cent in America as a whole.
To determine whether homes are fairly valued The Economist looks at the relationship between prices and disposable income (an indicator of affordability) and between prices and rents (a substitute for buying a home).
If rising prices move these ratios above their long-run averages, then either incomes or rents are likely to rise, or house prices to fall.
Across America house prices, after falling by 25 per cent from their peak between 2007 and 2012, are now at fair value compared with rents and incomes. In San Francisco, too, they are at fair value when compared with rents, but 45 per cent overvalued relative to incomes.
Thanks largely to their big cities, housing appears to be more than 40 per cent overvalued in Australia, Britain and Canada, according to the average of our two measures.
Between 2002 and 2012 the typical London home sold for seven times the city's average annual salary. That figure has since risen to 12 times.
As property developers from Las Vegas to Limerick will attest, when supply does eventually respond to soaring demand, property prices fall.
Restrictive planning laws curb new construction in the area around San Francisco Bay; the narrow peninsula that San Francisco itself occupies compounds the problem.
London suffers from an even more severe planning regime. Yet housing starts are at a nine-year high in San Francisco. In London, too, builders are finding a way: construction began on 24,000 new homes in the capital in 2015, the highest rate for ten years.
 
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House prices in Australia '40 per cent' overvalued: The Economist

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Australia climbed to number four while New Zealand was at second place in the latest global house price index for the last quarter of 2015 compiled by property consultancy Knight Frank, even as global outlook for 2016 remained muted in contrast to the previous year. 
The Global House Price Index monitors and compares the performance – rate of capital growth – of mainstream residential markets in 55 countries. The index rose by 3% in 2015, up from 2.3% in 2014. Concerns over the global economy in 2015 failed to dent buyer confidence; instead the lingering low interest rate environment influenced sentiment, it said.
The index, established in 2006, is compiled on a quarterly basis using official government statistics or central bank data where available. The index’s overall performance is weighted by GDP on a Purchasing Power Parity basis and the latest quarter’s data is provisional pending the release of all the countries’ results.
It allows investors and developers to monitor and compare the performance of mainstream residential markets around the world.
Australasia was the strongest-performing global region in 2015 at 12.4%, buoyed by the strong performance of New Zealand and Australia, both of which saw annual price growth in excess of 10%, said Knight Frank’s director, Residential Research, Australia, Michelle Ciesielski.
“Australia was ranked number four on the Global House Price Index for the fourth quarter of 2015, up from seventh in the previous quarter, with an annual growth rate of 10.7%. Turkey led the Global House Price Index, with growth of 18.4%," said Ciesielski.
“New Zealand followed directly behind Turkey, with an annual price growth of 14.2% as of the fourth quarter of 2015, bringing it to second place from third in the previous quarter."
“Housing affordability, or the lack of it, is rising up policymakers’ agendas worldwide. According to the latest data from the OECD, which measures house prices against incomes for 24 of its 34 members, Belgium, New Zealand and Canada are currently the world’s least affordable markets, whilst home ownership is most accessible in South Korea and Japan."
Australia is ranked at four among the least affordable, at 29% over-valued relative to the long-term average held, according to the OECD. 
“Our global outlook for 2016 is muted. We expect the index’s overall rate of growth to be weaker in 2016 than in 2015. The global economy is experiencing a potentially dangerous cocktail of low oil prices, a strong dollar and a continued slowdown in China,” said Kate Everett-Allen, partner, International Residential Research, Knight Frank.
Results for Q4 2015
* Forty-three of the 55 housing markets tracked in our Global House Price Index saw prices rise, up from 10 countries in the aftermath of the Lehman’s collapse in September 2008 (please see Figure 1 which compares the shift in global house prices starting from Q2 2008, the latest global house price index available at the time of Lehman’s collapse).
<a href="/images/2016/03/23/Screen%20Shot%202016-03-23%20at%209.34.53%20AM.png" target="_blank">Click here to enlarge.</a>
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* Turkey leads the rankings with prices rising 18% during 2015. Increasingly viewed as a safe haven for Middle Eastern investors, Turkey is bridging East and West whilst also seeing strong population growth.
* Belgium and New Zealand are the least affordable countries when house prices are compared to incomes.
* Ukraine and Greece were the weakest housing markets in 2015, recording price falls of 12% and 5% respectively.
“2015 saw Asian mainstream residential markets record only 1.9% annual price growth, lower than the global average of 3%. While a number of markets experienced positive growth, Taiwan and Singapore, which have seen negative growth for a number of quarters, were joined by Hong Kong this quarter, which saw its residential market decline by 3.7% in Q4 2015," said Nicholas Holt, head of Research for Asia Pacific.
“While long-term growth prospects remain positive, the continued economic uncertainty in the region is likely to weigh on housing market sentiment in the near term.”
Added Everett-Allen, “Although house prices in Hong Kong increased in 2015, the rate of growth has slowed significantly from 17% in the year to September to 7% in the year to December 2015. The slower rate of growth is attributable to rising supply (more than 11,200 homes were completed in 2015), as well as China’s financial market volatility and the expectation of increasing interest rates.”
Data from China’s National Bureau of Statistics showed house prices rose marginally in 2015 (0.4%), having reached their peak in the first quarter of 2014. Cities such as Shenzhen and Shanghai continue to outperform the national average due in part to favourable government policies and strong demand in first-tier cities.
 
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Australasia is strongest-performing region in Knight Frank's Global House Price Index

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GUEST OBSERVER
Australia needs a fair foreign investment policy that offers Australians equal opportunities.
For foreign investors, Australia is a desirable country because of its stable economy, favourable weather conditions and proximity to Asia. Furthermore, 2016 will be the year international developers take centre stage in Sydney – more than in previous years.
There are many other factors at play that make Australia so desirable and, for investors, there is less red tape and fewer restrictions on how many properties they can buy. 
In contrast, in China, for example, each province has different rules and regulations, with some provinces only allowing residents to purchase a maximum of two properties. 
The International Monetary Fund says that China has the most expensive property in the world. The median house price in Beijing is believed to be 20 times the annual household disposable income, so it’s understandable that they’re looking elsewhere. Sydney and Melbourne represent good value by comparison.
The number of Chinese investors in Australia might fall in Australia within the next 2-3 years and that Indian investors will make Australia their first port of call.
In my opinion, we will start to see Chinese investors possibly fading away from the Australian market depending on their slowing economy in the next few years, and will see a genuine emergence of buyers from India.  They will find it attractive for the very same reasons the Chinese do.
Land and property sales data suggests that foreign investors are now getting in on the process earlier to close the loop.
Many sites have been snapped up by international developers and the reality is that we can’t stop it from happening, not in this global economy. In saying that, it’s only fair, right and appropriate that Australian residents have, at the very least, equal opportunity.
Australian residents should be looked after; they shouldn’t be at a disadvantage to foreign nationals.
Safeguarding the interests of Australian residents should not be confused with being xenophobic, as they’re two very different things. We should still openly invite foreign investment, I just believe that it should come with more restriction and regulation. I was born in Britain so this isn’t a jingoistic standpoint, I merely want to see the same rules be applied to anyone buying in Australia irrespective of where they are from.
Conflicting information about the current market is making it confusing for Australian investors struggling to keep up.
As far as I can tell, there aren’t any accurate numbers available on the extent to which foreign investment is impacting the local investor community and house prices. Significant research is needed. As a real estate head with years of experience in the Australian market, I myself am having difficulty comprehending the situation, so what chance does the average layperson have?
Five solutions for a fair foreign investment policy that gives Australians equal opportunities:
1. Introduction of a levy. 
I absolutely advocate the introduction of a levy.  Last year the government introduced a tax for overseas investors, but in my opinion, this should be increased.  Australian residents are forced to pay for extras such as stamp duty when they buy property and I believe overseas investors should have to pay even more.
2. Placing a cap on the number of properties sold to overseas investors. 
We should regulate the number of properties on Australian soil that are sold to overseas investors:
It’s a bit of a mockery if Chinese investors can only buy two properties in some of their own provinces, but they can come to Australia and can buy 10. It doesn’t matter where investors are coming from – and they’re coming from all over the globe – it’s about looking after the interests of the Australian people.  
3. Clean money assessment.
 A handful of high-profile and high-net cases last year were intentionally made public to oust some illegal transactions happening and spook off unscrupulous investors, and Douglas believes that many more could have gone unnoticed. 
These homes were just the tip of the iceberg and my question is, what about the rest of the iceberg? Do we have any idea how big it is? We know that illegal transactions are taking place because of these cases, and that these acquisitions by foreign investors breach regulations. There is a strong suggestion that this is regularly taking place in the upper echelon of the Sydney and Melbourne markets.
We need to take a harder look into where the money is coming from, as there has been some suggestion that it’s not always clean. The UK government, for example, has implemented money laundering checks and Australia should be doing the same.
4. Financing rules around the acquisition process. 
As is currently stands, financing is not fair for the local investor. We know that a Chinese financial institution based in Australia offers zero deposit home loans for Chinese investors purchasing Australian property. Here, under new macroprudential guidelines, we have Australian residents now required to pay a 20 per cent deposit on a property whilst international buyers can completely circumnavigate the system. It’s ludicrous, all buyers should be on a level playing field in the process and financial aspect.
5. Percentage of developments must be sold to Australian residents.
Up until 2008, developers had to sell a portion of properties to Australian residents. This lifted in the GFC but it’s my view that we should re-establish it and place a limit on how many investments they can buy. I heard that last year only 10-15 per cent of off-the-plan developments in Sydney and Melbourne were sold to overseas investors, but that conflicts with other reliable reports, saying that it was closer to 40 per cent.
It’s increasingly common for foreign investors to buy and develop or redevelop, then sell property on Australian soil off-shore or to international investors without Australian residents even getting a look in.  We need to look at the vulnerability of our market – does selling too much to overseas investors make us become vulnerable to factors outside of our control?
DOUGLAS DRISCOLL is CEO of real estate agency <a href="https://www.starrpartners.com.au/" target="_blank">Starr Partners</a>.
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Foreign investment impact on local market worsens

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GUEST OBSERVER
The Federal government has recently announced six potential sites for a low-level nuclear waste repository: Sallys Flat in New South Wales, Hale in the Northern Territory, Cortlinye, Pinkawillinie and Barndioota in South Australia and Oman Ama in Queensland.
The six were whittled down from an original list of 28 voluntarily nominated sites in a process set up under the National Radioactive Waste Management Act 2012.
The plan is to create a shortlist of three sites in 2016 and by the end of the year nominate the winning candidate. The site is scheduled to be open to receive Australia’s low-level nuclear waste by 2020.
Australia has been trying to construct such a facility for the past 35 years without success. Australia urgently needs a dedicated federal facility to deal with this waste since each year it produces approximately two swimming pools worth of low-level waste (40 cubic metres) and five cubic metres of intermediate-level wastes. There are now around 4,300 cubic metres of waste that needs to be housed.
So, will Australia finally get a nuclear waste site?
<h2>Australia needs a storage site</h2>
Low-level nuclear waste typically comprises items such as lightly irradiated paper, plastic, gloves, clothing, soil and filters typically generated by industry, hospitals and nuclear facilities.
Such low-level waste has been stored for decades at 100 interim sites such as universities or hospitals across Australia while intermediate-level radioactive waste can only presently be stored at the Lucas Heights facility in Sydney.
The issue is particularly urgent for intermediate-level waste disposal since in the next year, 13.2 cubic metres of such waste, the byproduct of past contracts with France and Scotland, will need a home and the only currently available site is Lucas Heights.
Nuclear waste should be buried for at least several hundred years in a geologically stable area with a low water table and preferably away from population centres.
However, the Australian government has yet to be able to convince either state governments or individual landowners to host such a site. It has been unable to overcome a fierce backlash from local residents and environmentalists opposed to it being placed in their local area.
<h2>A brief history of the storage debate</h2>
From 1980 onwards, various Australian governments have attempted to site a low-level waste repository. (An intermediate waste site other than Lucas Heights has barely been mooted given the difficulty in siting even a low-level facility).
By 1992, a site near Woomera, South Australia was nominated. But that choice was abandoned by the federal government due to the intransigence of the SA government which, fearing a political backlash if it was built, refused to countenance a facility within its borders. While the federal government could theoretically have overridden state objections, it was not willing to pay the political price to do so.
In the face of state and territory opposition, the federal government changed tack and only sought out potential sites on Commonwealth land.
In June 2007 the indigenous Northern Land Council proposed an area at Muckaty, 120 kilometres from Tennant Creek in the Northern Territory, on behalf of some of the traditional owners. The federal government in September 2007 agreed despite the objections of the territorial government.
To induce the indigenous elders to agree to the siting, the government was willing to pay A$200,000 to the Northern Land Council, for the benefit of Lauder Ngapa Group members, set up an eleven million dollar charitable trust, and one million dollars for education scholarships for the benefit of that group.
But a coalition of other Aboriginal traditional owners of the land initiated Federal Court proceedings to challenge the nomination arguing that they had not been properly consulted nor had legally consented to hosting the site.
While the case was still ongoing the Northern Land Council and the Commonwealth government agreed to withdraw the nominationarguing the issue was proving too divisive among the local indigenous clans.
While the need for a low-level waste repository has never been greater, given the record to date, parties are unlikely to reach agreement by the government’s proposed date, if at all. By international standards, the government offers relatively low compensation to affected locals, which is unlikely to be an effective inducement to allow community acceptance.
Further, the government’s general inability to put in place an effective process for engendering societal and indigenous acceptance despite multiple attempts does not bode well for success.
 
Gerry Nagtzaam is senior lecturer, Faculty of Law, Monash University and author for The Conversation. He can be contacted <a href="https://theconversation.com/profiles/gerry-nagtzaam-205438" target="_blank">here</a>.
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Australia needs a nuclear storage site, but it’s a long way away

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Malaysia, Taiwan and China are the top three world manufacturing destinations in 2015, according to Cushman &amp; Wakefield’s 2015 ‘Where in the World? Manufacturing Index’. 
Australia ranks 28th on the list of 30, above Italy and Belgium.
According to Richard Middleton, Cushman &amp; Wakefield head of occupier services, EMEA and Asia Pacific, the report reveals how the APAC region is benefitting from a lower cost business environment which is proving attractive to manufacturers.  
“The markets of Asia Pacific continue to remain particularly attractive to manufacturers and this shows in our latest index rankings. Malaysia has retained top place in our main index for the second year running and Vietnam tops our growth index and is maturing as a manufacturing destination," Mr Middleton said.
“From a broader perspective, there remains some volatility at play. While China remains the world leader in terms of manufacturing output and benefits from the scale of its immediate marketplace, rising labour costs have caused a shift in strategy for some manufacturers. This has not only benefitted the APAC regions of Malaysia and Vietnam but has also added to a re-shoring trend with a number of manufacturers moving their plant and facilities back to Western markets.
"This has strengthened the prospects of certain European locations, notably Turkey which has positioned itself at the crossroads of Europe, Asia, Russia and Africa.”
Mark Wanic, Cushman &amp; Wakefield’s head of occupier services America's, said there is a genuine sense that manufacturing is now making a comeback in the US as global demand appears to have turned a corner. The cost differential to cheaper markets, which contributed to a number of manufacturers moving ‘off-shore’, has now narrowed –with the US regaining a competitive edge.
“A more competitive energy platform, both in terms of cost and security, is adding to the US as a manufacturing location.  In addition, supply-chain management is also collectively adding to the more positive outlook evident from our latest index ranking," Mr Wanic said.
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Malaysia tops global manufacturing index, Australia 28th

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According to Time Magazine, second citizenships are very popular among the wealthy of the world.
But where do they choose to move to?
Net inflow of millionaires 2000 to 2014
UK - 125,000
US - 52,000
Singapore - 46,000
Australia - 35,000
Hong Kong - 29.000
UAE - 18,000
Source; Time Magazine
Some of these locations will remain popular due to their favourable tax legislation.
Others will become more sought after due to them being desirable places to live.
I expect to see Australia moving up this list, particularly becoming a country of choice for with the wealthy of Asia. 
We even have a visa system which encourages this. 
Where would you move to, if you could live anywhere?
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank" rel="nofollow">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank" rel="nofollow">blogger</a>. 
His latest book is <a href="https://www.bigskypublishing.com.au/Books/General-Interest/Four-Green-Houses--and-a-Red-Hotel/1015/productview.aspx" target="_blank" rel="nofollow">Four Green Houses and a Red Hotel</a>.
 
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The international flow of millioniares: Pete Wargent

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AREC 2015 has come and gone for another year, and it was an absolute blast.
It was great seeing old friends at Australia's largest real estate conference, as well as meeting people for the first time.
On top of that, it was sensational to learn from the best real estate trainers in the world as well as expert speakers across multiple disciplines. So what did we learn and take away? 
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The reception to our stand this year was fantastic. 
A key takeaway was how far we had come in the 12 months since AREC 2014. 
A lot of agents came to the stand to tell us they were already using the site, and they loved that they were getting free exposure for their listings, a lot of other agents that had their listings connected tested out the new search results function and were blown away with the speed of results and the ease of use. 
Many people told us it was the fastest real estate search site they had ever experienced. 
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A few of the team members also got to sit in on some of the sessions from the world's leading agents and motivational speakers. Here were a few of the key takeaways that got documented on our Twitter feed throughout the conference.
<h3><a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604888963409584128" target="_blank">#arec15 Something unimportant done well does not make it important</a></h3>
<h3><a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604888502929457152" target="_blank">#arec15 simplify, simplify, simplify - decision is to cut away other options. Look for simple answers. Complicated answers are wrong</a></h3>
<h3><a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604888001886298112" target="_blank">#arec15 set targets and move forward, but have gratification on the way. You will burn out otherwise</a></h3>
<h3><a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604886630139183107" target="_blank">#arec15 testing and removal is the one thing you need to do. What not to do is essential</a></h3>
<h3>
<a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604883141686198272">#</a><a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604883141686198272">arec15</a><a href="https://www.propertyobserver.com.au/https://twitter.com/Homelyau/status/604883141686198272" target="_blank"> what would you do for just two hours a week. Could you get what you need done?</a>
</h3>
The insights were endless from the industry's best, but it seems the key takeaway was to focus more on being efficient and effective.
It was mentioned that agents are lacking in analysing their business and pinpointing definitively what actions make them money.
Too many agents are spending an abundance of time doing things that don't make money and that is detracting from what could help their business exponentially. 
You can find more of the key takeaways we learned by visiting our twitter feed <a href="https://twitter.com/Homelyau">here</a>, and looking through the hashtag <a href="https://twitter.com/search?src=typd&amp;q=arec2015">#arec15.</a>
 
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<div id="yui_3_17_2_1_1433401747153_195" class="image-block-wrapper " data-description="&lt;p&gt;The team on the booth!&lt;/p&gt;"><img class="thumb-image loaded" src="https://static1.squarespace.com/static/529321bee4b03e7a072a8255/t/556e5491e4b0a6d4da000928/1433294019522/IMG_0779+2.JPG?format=1000w" alt="The team on the booth!" data-src="https://static1.squarespace.com/static/529321bee4b03e7a072a8255/t/556e5491e4b0a6d4da000928/1433294019522/IMG_0779+2.JPG" data-image="https://static1.squarespace.com/static/529321bee4b03e7a072a8255/t/556e5491e4b0a6d4da000928/1433294019522/IMG_0779+2.JPG" data-image-dimensions="2448x3264" data-image-focal-point="0.5,0.5" data-load="false" data-image-id="556e5491e4b0a6d4da000928" data-type="image" data-image-resolution="1000w"></div>
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The team on the booth!
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<div id="yui_3_17_2_1_1433401747153_210" class="image-block-wrapper " data-description="&lt;p&gt;One of Homely's biggest supporters, Lachlan Kranen and Homely team member Angela.&amp;nbsp;&lt;/p&gt;">Todd Schulberg</div>
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Todd Schulberg handles all things marketing for <a href="https://homely.com.au/" target="_blank">Homely.com.au</a> - Living and breathing property, Todd has a keen interest in the movements in the market and how agents can utilise new tools and technology in order to be more connected. Using all things social, Todd suggests different ways that agents can engage and think outside the square with their marketing approach.
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AREC 2015 wrap by Homely's Todd Schulberg

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CoreLogic RP Data have looked at the most affordable regional suburbs for units in Australia.
1) <a href="/news">Manunda</a>, Cairns, Far North QLD
2) <a href="/news">Mildura</a>, Mildura, Mallee, VIC
3) <a href="/news">Cairns North</a>, Cairns, Far North, QLD
4) <a href="/news">Merimbula</a>, Bega Valley, South Eastern, NSW
5) <a href="/news">Port Douglas</a>, Douglas, Far North, QLD
6) <a href="/news">Trinity Beach</a>, Cairns, Far North, QLD
7) <a href="/news">Warrnambool</a>, Western District, VIC
8) <a href="/news">Tuncurry</a>, Great Lakes, Hunter, NSW
9) <a href="/news">Coffs Harbour,</a> Mid-North Coast, NSW
10) <a href="/news">Port Macquarie</a>, Port Macquarie-Hastings, Mid-North Coast, NSW
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