Fresh off completing Pienza Neutral Bay, developer <a href="https://www.apartments.com.au/developers/central-element">Central Element</a> is preparing its next move in the coveted Lower North Shore suburb.&nbsp;

Central Element (CE) has lodged plans for an eight-storey apartment building at <a href="https://www.apartments.com.au/new-apartments/54-64-barry-street-neutral-bay-nsw-2089">54–64 Barry Street</a>, a 1,659 sqm site just south of Military Road and the Neutral Bay town centre.

The $52 million development will involve the demolition of four detached homes across four lots to deliver 45 apartments, including eight affordable housing units to be managed by Bridge Housing. The mix will comprise six one-bedroom apartments, 24 two-beds, and 15 three-beds. The apartments will sit above three basement levels with 62 car parking spaces and 50 bicycle spaces.

<a href="https://www.apartments.com.au/architects/mhn-design-union">MHN Design Union</a> (MHNDU) has returned as architect following its work on Pienza, again shaping a mid-rise form with a clear street presence. The design features a lower four-storey podium element that responds to surrounding context, with upper levels recessed to reduce perceived bulk. Communal open space is proposed both at ground level and on the rooftop, the latter including an outdoor kitchen and swimming pool.

“The building has been designed with a lower four-storey element and with building materials commensurate with the character of the area,” Beam Planning noted in its submission to the North Sydney Council.

<img alt="Barry Street, Neutral Bay Nsw 2089" data-entity-type="file" data-entity-uuid="3a28ab3a-b8ba-4476-81cd-e4a8bb84f3a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Barry-Street-Neutral-Bay-1327x742.png?VersionId=hlgvxszAWXIHgHtdR5HiwIKiSli2lLZV" />

Bridge Housing will manage the affordable units for a period of 15 years, as required under the Housing SEPP’s incentive provisions.

MHNDU’s design report further highlights the site's strategic location just 250 metres from key bus stops and 1.3 kilometres from North Sydney CBD, positioning it for transit-accessible housing supply. In their planning justification, the design team emphasised the site’s compatibility with emerging local character and scale.

Central Element has a solid apartment pipeline spread all over Sydney. They recently completed&nbsp;Pienza, 37 apartments just 500 metres away from the new project, and are currently building Ethos Chatswood, Ballamac House in Coogee, and Bianca on the harbour in Drummoyne.

They have plans for future projects in Mosman, Bondi Beach, Greenwich, Lavender Bay, along with a tower on the edge of Hyde Park.

Joel Robinson

First look: Central Element unveils second Neutral Bay apartment project

Real estate investment fund Wentworth Wentworth Equities is soon to launch a "Los Angeles-inspired" residential, leisure and lifestyle precinct in Brisbane’s Hamilton riverside ahead of the predicted Olympic-led population explosion for the city.

Drawing its style inspiration and name from Los Angeles’ renowned The Grove, <a href="https://www.apartments.com.au/new-apartments/hamilton-grove-19-hercules-street-hamilton-qld-4007">Hamilton Grove</a> will feature three residential towers and a vibrant street-level public precinct with curated luxury lifestyle, retail and dining offerings.

The first of the three towers, to launch in March 2026, will comprise 61 apartments, in the same building as a premium hotel.<img alt="Hamilton Grove" data-entity-type="file" data-entity-uuid="d227fe61-8392-45b7-b386-9133f29a249f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-19%20at%209.10.56%E2%80%AFAM.png?VersionId=HTCV35HZ4h84jQCmHwhsdIPN0ctO5d7Z" />

Wentworth Equities Executive Chairman Sameh Ibrahim said the precinct will be unique in its appeal to both residents and the wider community.

“Hamilton is already one of Brisbane’s most sought-after riverside suburbs and for good reason,” Ibrahim said.

“Where else in the world can you walk out of your front door and have everything you could possibly need at your fingertips? The city is just around the corner, the airport is only ten minutes away, you have the river and green spaces right there and premium retail and dining on your doorstep."

Wentworth Equities acquired the 7637 sqm Hercules St site in 2014, when Ibrahim said he had a "very clear vision" for the precinct, but ultimately it wasn't the right time to develop. He said Hamilton was still very much an "emerging precinct."

“Since then, Hamilton and surrounding suburbs like Ascot and Albion have significantly grown and matured into a precinct that aligns with our vision for Hamilton Grove. Brisbane as a whole has so much to offer in the way of lifestyle appeal, but as it stands it is so widespread – you go to Howard Smith Wharves for fine dining, you go to James Street for shopping, you go to West End to walk along the river – but what if you could go to Hamilton Grove for everything?

“Our vision is a precinct that brings together the best of Brisbane into one central space abundant with culture, class and culinary experience – a place that a lucky few will get to call home, but the rest of Brisbane still get to explore and experience at their leisure.”

<img alt="Hamilton Grove" data-entity-type="file" data-entity-uuid="46550990-8aeb-44d4-bb47-150cdca96529" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-01-19%20at%209.10.50%E2%80%AFAM.png?VersionId=bmCkApPKY_Bj3z02Q8vI7Kyo_caJXOnv" />

Experienced civil engineering contractor Mainland Civil has been appointed to commence early works for the project, adding Hamilton Grove to their extensive portfolio where it will join other iconic Brisbane developments including Queens Wharf, 300 George Street, Infinity Tower and 1 William Street.

Construction on Tower One is scheduled to commence in early 2026 with completion expected in late 2028.

Fast Facts 
 
• Three residential towers and a vibrant street-level public precinct with curated luxury lifestyle, retail and dining offerings. 
• Construction on Tower One is expected to commence in Quarter One 2026, with completion expected in late 2028. 
• 7,637 square metre site at 19 Hercules St, Hamilton (part of Economic Development Queensland’s 304 hectare Northshore Hamilton Priority Development Area). 
• 61 waterfront residences and skyhomes in the first tower, ranging from two to five bedrooms. 
• Hamiton Grove will be officially launched in March 2026.

"LA-inspired" Hamilton Grove to launch on Brisbane riverside

There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/59D7VxzltmM?si=1iCzRD7FRneKryfv" title="YouTube video player" width="560"></iframe>

That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

[smartcode_project:default project_id=102717 project_image_fid=355289]

That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

[smartcode_project:default project_id=102717 project_image_fid=355304]

That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

[smartcode_project_cta:default project_id=102717]

Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

[smartcode_project:default project_id=342 project_image_fid=358855]

Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

[smartcode_project:default project_id=342 project_image_fid=357493]

The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

[smartcode_project:default project_id=342 project_image_fid=357508]

Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

[smartcode_project_cta:default project_id=342]

Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Ballarat

Melbourne developer Hygge Property has unveiled plans for a new residential and commercial precinct in Bakery Hill, an inner-city suburb in Ballarat.

The precinct-style development, which would be one of the first of its kind in the area, has been submitted for approval to the City of Ballarat.

The proposed development, located at 102-108 Humffray St South, would include an eight-storey residential building comprising 74 apartments, a separate office building, and a public walkway or plaza between them.

Both buildings will have concrete facades, with the residential building potentially housing a cafe. The plaza is set to feature gardens, seating, and bookable barbecues.

Six Degrees Architects&nbsp;has designed the proposed plans, with the irregular-shaped site covering around 4,200 sqm, and the home to timber merchant&nbsp;Robert Sim Building Supplies, a business owned by the Phelps family since 1972.

<img alt="Artist impression of the proposed Bakery Hill development" data-entity-type="file" data-entity-uuid="c2201c9d-4381-46f2-8037-83e9453c09a4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/unnamed%20%281%29.jpg?VersionId=hCMOPNOIwmpjAlM98_rwwXfC35onGPnA" />Artist impression of the proposed Bakery Hill development.&nbsp;

According to documents submitted to the council, the area has undergone substantial change over the past few decades and is now at the beginning of a renewal process.

The proposed development is intended to consolidate at-grade carparks and big box stores into a more sophisticated urban realm that is more appropriate for its proximity to Ballarat city centre.

“While there are locations in Ballarat which are more architecturally and chronologically homogenous, the 102-108 Humffray Street site is located in an area that has undergone substantial change over past decades,” documents submitted to the council said.

“The area is now at the beginning of a renewal process that will see the consolidation of at-grade carparks and big box stores into a more sophisticated urban realm, more appropriate to its proximity to Ballarat city centre.

“The challenge at this site is how to respond architecturally to the important place the site occupies as one of the first of the higher density developments that will make up this renewal process.”

The heritage brick chimney visible along Porter St will remain in place, while care will be taken to ensure that the scale of the development does not result in a "single unarticulated object".

<img alt="Render of the proposed Bakery Hill development" data-entity-type="file" data-entity-uuid="1d4d2978-ea53-441b-9d0f-c256c7fcbcd3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/77d11a3b495526cc757b73872cdb0557.jpg?VersionId=6LXRd3snfS8ozE2lwkK9KFA9kHJw430O" /> 
Render of the proposed Bakery Hill development.&nbsp;

The new residential building in the forthcoming development promises to be a standout feature with its highly articulated mass divided into smaller forms to reduce the urban scale of the development.

The building's facade will feature balconies and changes in material, and planters will be placed on Juliet balcony windows to add diversity and intrigue.

The architects have chosen to steer away from the glass box typology, instead opting for a wall and fenestration approach that references the heritage brick facades of neighbouring buildings.

The history of the site will be celebrated, with the existing smokestack integrated into the building's design to become a "marker in an active and landscaped ground plane."

The building will feature impressive sustainability credentials, with a minimum 7-star NatHERS thermal performance rating targeted for the apartments, a 5-star Greenstar rating and a 5-star NABERS rating for the commercial building. In addition, zero fossil fuels will be used in the operation of the building.

[smartcode_project_cta:default project_id=138670]

alisonwarters@gmail.com

Ballarat former timber yard set for residential redevelopment 

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Australia’s regional market has seen significant increase in dwelling values over the year, according to the recent CoreLogic Pain and Gain report.

While coastal regions in commutable distance from the CBD have traditionally seen strong growth rates, some regions farther interstate are also on the uptick.

“Part of this high capital growth across tree change areas may be due to the relative affordability of more remote areas in regional Australia, enhanced by the normalisation of remote work through COVID-19”, the report read.

Ballarat saw the highest growth rate of SA4 markets in regional Victoria over 2020, with values increasing 6.5 per cent in value.

However, Ballarat saw an increase in the rate of loss-making sales, with a marginal 10 basis point increase.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-19_at_6.47.19_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="271" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-19_at_6.47.19_pm.png?itok=pIpJ0QWR" width="580"></a>

Across the major non-coastal regions, 5.1 per cent of observed resales sold for a nominal loss, down from 5.8 per cent in the previous quarter.

<h2>Coastal regional markets increase the rate of profit-making sales</h2>

Each of the nine major coastal regional markets analysed in the report saw an increase in the rate of profit-making sales over the September quarter.

Over the quarter, six of the regions recorded a rate of profit-making sales over 95 per cent.

These were Geelong, Illawarra, the Mid North Coast, the Newcastle Lake Macquarie region, the Richmond Tweed region and the Sunshine Coast.

“The Sunshine Coast reached a historic level of profitability, with 96.4 per cent of properties selling for a nominal gain compared with the previous sale.” The report stated.

Sunshine Coast saw a median profit of $195,000 over the quarter, based on a relatively low hold period of 6.7 years.

Geelong remained the most profitable of the major regional coastal markets, with 98.6 per cent of properties selling at a profit.

<h2>Here are three regional properties on the market right now</h2>

1. <a href="/buildings/miramar-geelong-18-20-cavendish-street-geelong">Miramar Geelong</a> 
Address: 18-20 Cavendish Street, Geelong VIC 3220

<a href="/buildings/miramar-geelong-18-20-cavendish-street-geelong"><img alt="" height="854" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miramar-geelong-18-20-cavendish-street-geelong-7ae30a2e629749d48d93296a3e843cb4.jpg" width="1600"></a>

Delivered by Morris Property Group, Miramar offers world-class bay views, outstanding amenity and in-house facilities including a gymnasium, landscaped barbeque area and resident’s lounge. 

Miramar will be Geelong's tallest residential tower, consisting of one, two and three-bedroom homes just metres from the foreshore.  
 

2. <a href="/buildings/highpoint-2-charles-street-charlestown">Highpoint</a>, Charlestown 
Address: 2 Charles Street, Charlestown NSW 2290

<a href="/buildings/highpoint-2-charles-street-charlestown"><img alt="" height="678" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/highpoint-2-charles-street-charlestown-0ff115c5e73c90a662ea4f9845863ce5.jpg" width="1199"></a>

Considered one of the nation’s most consistent markets, Charlestown boasts some of the region’s best medical and financial facilities as well as the region’s biggest shopping and entertainment precincts.

GWH's Highpoint project offers the perfect mix of location, convenience, features, price and design, with apartments in two and three-bedroom configurations still available. The residence features a terrace garden, entertainment and barbeque area on the level three podium.  
 

3. <a href="/buildings/aura-terraces-new-road-caloundra-west" target="_blank">Aura Terraces</a>, Caloundra West 
Address: New Road, Caloundra West QLD 4551 
Three-bedroom townhouses from $433,900

<a href="/buildings/aura-terraces-new-road-caloundra-west"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aura-terraces-new-road-caloundra-west-85e021043d2e61f2cf6f094575f8dbaf_0.jpg" width="1200"></a>

Located in a high and expanding employment area, Aura is only a short drive to the beautiful beaches of Caloundra and is set to become the Sunshine Coast's largest employment generator. 

In the next five years, construction will be completed on the city centre and people’s place, with amenities including 10 parks, sports fields, a Southbank style lagoon, dining precinct and major retailers.
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While coastal regions in commutable distance from the CBD have traditionally seen strong growth rates, some regions farther interstate are also on the uptick

max.kwok_55688

Regional markets see a significant increase in value: CoreLogic

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EXPERT OBSERVER

Regional Victoria remains one of the nation’s leading markets, especially on price performance. Of the 138 suburbs and towns ranked our Price Predictor Index, 116 of them have recorded price growth in the past year. 

That means 84% of locations throughout Regional Victoria have growing prices. More than half of those growth markets have increased their median house prices more than 5% in the past year, including many which have had double-digit growth.

The strength of prices in Regional Victoria is confirmed by the latest price data published by CoreLogic on 1 June. House prices recorded, after recording solid increases in March and April, were unchanged in May, while unit prices were up 0.5% during the month.

Regional areas of the state have been boosted by buyers out of Melbourne, including home buyers seeking a more relaxed and affordable lifestyle, while in some cases working remotely for a city business. The coronavirus shutdown period which forced people to work from home is likely to further enhance this trend.

Our Winter survey of sales activity reveals that Regional Victoria has remained quite resilient in terms of sales activity, in the faces of the Covid-19 impacts. There has been only a minor reduction in the number of locations with growing sales activity, compared to the results of our Autumn survey.

There are 27 locations with rising demand. The numbers for the Winter survey are comparable to the results of the previous four quarterly surveys, which generally have indicated that the Regional Victoria market jurisdiction has passed its peak but remains sturdy.

[smartcode_project:default project_id=22699]

This market was at its strongest throughout 2018, when three consecutive quarterly surveys had 47, 47 and 51 locations with rising sales activity.

But, as our research regularly demonstrates, real estate prices often remain strong long after the peak of the market in terms of sales activity.

This is shown by the many individual suburbs and towns throughout Regional Victoria which have recorded median price growth above 10% in the past 12 months.

Ballarat has been particularly outstanding, with price growth headed by the suburbs of Ballarat Central (up 24%) and Lake Wendouree (23%). Brown Hills, Redan, Alfredton and Sebastopol have all increased between 10% and 12%. Other Ballarat suburbs have increased 7-8%.

The best performers in Geelong have been Drysdale (19%) and Bell Park (10%), while growth in Bendigo has been led by East Bendigo (21%).

But growth markets have been spread widely throughout the state, including Irymple (27%), Tatura (23%), Nagambie (19%) and Euroa (18%).

Other which have risen by between 10% and 14% include Apollo Bay, Portland, Woodend, Churchill, Daylesford and Morwell.

There are numerous locations throughout Regional Victoria which have delivered annual growth of 7-8-9%.

[smartcode_project:default project_id=7633]

In terms of locations with rising sales activity, which is a pointer to future price growth, the outstanding LGAs are Geelong and Bendigo.

The City of Greater Geelong has provided strong growth markets for the past three years and continues to show resilience. It benefits from its ability to provide an affordable alternative to Melbourne, underpinned by a strong local economy and good links to the nearby capital city.

In our Winter survey we have identified seven growth suburbs and four consistency suburbs, a good result in difficult times. There are also 15 suburbs in Greater Geelong classified as plateau markets. 

Bendigo has five growth markets and two consistency ones, in addition to nine plateau markets. This important regional city is benefiting from growing interest from Melbourne buyers and also investors from other parts of Australia.

Bendigo is behind Ballarat in the market cycle so we think has more upside, looking to the future. Ballarat has been a great performer in the past 2-3 years, as the price growth figures show, but is past its peak, with only one suburb remaining with growing sales activity.

The other standout is Latrobe City, where Morwell, Newborough and /Traralgon are all growth locations, while Moe and Churchill are consistency markets.

Other growth markets across the state include Ararat, Benalla, Castlemaine, Gisborne, Romsey, Cobram, Horsham, Mildura, Wonthaggi and Mooroopna.

Terry Ryder is the founder of hotspotting.com.au

<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>

twitter.com/hotspotting
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terryryder-YECXbqmri2

Ballarat leading the regional Victorian house price boom: Hotspotting's Terry Ryder

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Stable Manor, the Wallace estate, just 99 kilometres north-west of Melbourne on the outskirts of Ballarat, has been listed for sale.
The four bedroom home is set on three acres at 4 Erin Court.
It has been listed by Barry Plant Ballarat agent Elizabeth Minogue.
Its history dates back to the mid-19th century and the 1869‘ Maryville estate.
Its former stables, characterised by a gable roof form clad in corrugated galvanised steel, date back to John Carroll, an Irish immigrant farmer.
He lived and farmed on the property until his death in 1901, where he then passed the farm onto his nephew, Richard Carroll Jnr, who farmed and lived there until his death in 1949.
From the early 20th century, Richard Carroll was also a director of the Wallace and Millbrook Butter Factory and owned the Maryville Hotel.
The home itself was built in 1999, taking inspiration from Gunston Hall, an 18th-century Georgian mansion located near the Potomac River in Mason Neck, Virginia, in the United States, the home of one of America’s founding fathers George Mason.
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j.ballantyne1990-6AQqhLzZaK

Stable Manor, Wallace trophy estate listed

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EXPERT OBSERVER
Regional Victoria remains one of the nation’s leading markets, especially on price performance. Of the 138 suburbs and towns ranked our Price Predictor Index, 116 of them have recorded price growth in the past year. 
That means 84% of locations throughout Regional Victoria have growing prices. More than half of those growth markets have increased their median house prices more than 5% in the past year, including many which have had double-digit growth.
The strength of prices in Regional Victoria is confirmed by the latest price data published by CoreLogic on 1 June. House prices recorded, after recording solid increases in March and April, were unchanged in May, while unit prices were up 0.5% during the month.
Regional areas of the state have been boosted by buyers out of Melbourne, including home buyers seeking a more relaxed and affordable lifestyle, while in some cases working remotely for a city business. The coronavirus shutdown period which forced people to work from home is likely to further enhance this trend.
Our Winter survey of sales activity reveals that Regional Victoria has remained quite resilient in terms of sales activity, in the faces of the Covid-19 impacts. There has been only a minor reduction in the number of locations with growing sales activity, compared to the results of our Autumn survey.
There are 27 locations with rising demand. The numbers for the Winter survey are comparable to the results of the previous four quarterly surveys, which generally have indicated that the Regional Victoria market jurisdiction has passed its peak but remains sturdy.
This market was at its strongest throughout 2018, when three consecutive quarterly surveys had 47, 47 and 51 locations with rising sales activity.
But, as our research regularly demonstrates, real estate prices often remain strong long after the peak of the market in terms of sales activity.
This is shown by the many individual suburbs and towns throughout Regional Victoria which have recorded median price growth above 10% in the past 12 months.
Ballarat has been particularly outstanding, with price growth headed by the suburbs of Ballarat Central (up 24%) and Lake Wendouree (23%). Brown Hills, Redan, Alfredton and Sebastopol have all increased between 10% and 12%. Other Ballarat suburbs have increased 7-8%.
The best performers in Geelong have been Drysdale (19%) and Bell Park (10%), while growth in Bendigo has been led by East Bendigo (21%).
But growth markets have been spread widely throughout the state, including Irymple (27%), Tatura (23%), Nagambie (19%) and Euroa (18%).
Other which have risen by between 10% and 14% include Apollo Bay, Portland, Woodend, Churchill, Daylesford and Morwell.
There are numerous locations throughout Regional Victoria which have delivered annual growth of 7-8-9%.
In terms of locations with rising sales activity, which is a pointer to future price growth, the outstanding LGAs are Geelong and Bendigo.
The City of Greater Geelong has provided strong growth markets for the past three years and continues to show resilience. It benefits from its ability to provide an affordable alternative to Melbourne, underpinned by a strong local economy and good links to the nearby capital city.
In our Winter survey we have identified seven growth suburbs and four consistency suburbs, a good result in difficult times. There are also 15 suburbs in Greater Geelong classified as plateau markets. 
Bendigo has five growth markets and two consistency ones, in addition to nine plateau markets. This important regional city is benefiting from growing interest from Melbourne buyers and also investors from other parts of Australia.
Bendigo is behind Ballarat in the market cycle so we think has more upside, looking to the future. Ballarat has been a great performer in the past 2-3 years, as the price growth figures show, but is past its peak, with only one suburb remaining with growing sales activity.
The other standout is Latrobe City, where Morwell, Newborough and /Traralgon are all growth locations, while Moe and Churchill are consistency markets.
Other growth markets across the state include Ararat, Benalla, Castlemaine, Gisborne, Romsey, Cobram, Horsham, Mildura, Wonthaggi and Mooroopna.
Terry Ryder is the founder of hotspotting.com.au
<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>
twitter.com/hotspotting
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Ballarat leads the regional Victorian house price boom: Hotspotting's Terry Ryder

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One of Victoria’s best known truffle farms, Black Cat Truffles has been listed for sale.
Andres and Lynette Haas have listed their 8ha property at Wattle Flat near Ballarat.
Their agritourism business at 150 Howards Rd is for sale asking $1.625 million (plus GST if applicable) through Hocking Stuart Ballarat agent Phil Hayward.
They established the truffiere in 2007 at the property that features a cellar door.
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There is a four-bedroom house with country style kitchen.
The 1000 French and English oak trees produced their first truffles five years later.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/5/wattle%20flat%203.jpg" alt="">
Their haul has grown each year to hit 40kg in 2018.
The property also features 4ha of grazing land.
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Black Cat Truffles at Wattle Flat listed for sale

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Australia has come a long way in terms of planning and development, but times are changing fast. 
With <a href="/architects">architects</a> recognising the impact on climate change and urban sprawl more so than our government, we are seeing projects that challenge the status quo and influence social change through thoughtful design. 
Design can be used to address social equity and diversity in urban environments by providing affordable housing, green space, sustainable living, appropriate density and a green lean towards public transport and cycling facilities. 

Collaborating with other architects and the community to leverage projects that deliver a deep and sustained social benefit is at the forefront of this movement.  
This allows architects to call out social and environmental inequality by simply providing alternative living and civic spaces with the idea of working with communities instead of working for them. 
With erosion threatening beachfront properties along the coast of Western Australia, Queensland and New South Wales, and the threat of rising sea levels impacting where almost 40% of all Australians livelihood, smart design and planning is most important to influencing and adapting the way we live to retain our lifestyles. 

There are a few projects that unknowingly push the boundaries in opening up discussions between communities on sustainable living and the impact of urban sprawl such as <a href="/architects/breathe-architecture">Breathe Architecture’s </a>Nightingale proposal for Ballarat.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/11325664-3x2-940x627_0.jpg" rel="gallery-all" title="Rendering of the Nightingale Ballarat project by Breathe Architecture"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/11325664-3x2-940x627_0.jpg?itok=_BUzUGSu" title="Rendering of the Nightingale Ballarat project by Breathe Architecture" width="580"></a>

<figcaption>Rendering of the Nightingale Ballarat project by <a href="/architects/breathe-architecture">Breathe Architecture</a></figcaption></figure> 
The architectural form of the project is driven to respond to its surrounding heritage brick industrial buildings along Davey Street and the city centre of Ballarat.  
Breathe’s design strategy is to provide more with less, with untreated, tactile and durable materials recycled where possible.

The landscaped courtyard and gardens offer the ability for deep root planting, which encourages residents to grow and sustain vegetables and plants. The facade is also immersed in native plants giving a deep sense of community pride. Through careful material usage and recycled content where possible, Nightingale Ballarat is to be a carbon zero emissions building. Recycled water, renewable energy sources and high quality waste management attribute to the future residents low cost living.

“Nightingale Ballarat has been designed to make sustainable living simple. Common elements like the roof garden and deck, laundry and clotheslines, bicycle parking and shared building services offer a collectively better outcome. By providing meaningful social and utility-based spaces, we look to encourage interaction and activity with friends and neighbours.” - <a href="/developers/nightingale-housing">Nightingale Ballarat </a>Resident Package.

Open walkways with vertical greenery connect the apartment levels, creating spaces for residents to stop and converse. All apartments have an east or west facing living areas with a private balcony providing planter boxes to allow greenery to grow along the facade as well as natural ventilation and daylight adding additional amenity for the residents.

The development has opened up a major discussion for Ballarat residents about the negative impact of urban sprawl, with the population set to grow by 40,000 people in the next two decades. Nightingale offers the first socially beneficial solution that the residents of Ballarat recognise more as a typical Melbourne development and thus are not yet accustomed to within their own city. 
Victoria’s satellite cities are growing at a fast rate as well as Melbourne’s outer suburbs and in Ballarat alone, there are undeveloped, empty lots within the existing city structure that could be developed respectfully to accommodate for this population growth. 
 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/86a357642d9acbbb786ca1cd7569f38c_1.jpg" rel="gallery-all" title="Rendering of the Ivanhoe Housing Estate in Macquarie Park, Sydney"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/86a357642d9acbbb786ca1cd7569f38c_1.jpg?itok=M1YFNhcX" title="Rendering of the Ivanhoe Housing Estate in Macquarie Park, Sydney" width="580"></a>

<figcaption>Rendering of the Ivanhoe Housing Estate in Macquarie Park, Sydney</figcaption></figure> 
A project unfolding in the Sydney suburb of <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a> is the Ivanhoe public-private housing estate. 
The development is an integrated social housing precinct that offers community facilities, a school, retail, green space and ‘tenure blindness’ for residential properties. 
This is a social leap into disbanding the stigma between private, social housing and rental properties as tenure blindness offers a connectivity of all diversities and demographics.

The existing <a href="https://ivanhoeestate.com.au/">Ivanhoe Housing Estate</a> is set to be demolished to provide an updated private-public mixed community precinct to which benefits social and environmental strains. 
The architecture practices involved with the project are <a href="/architects/bates-smart">Bates Smart</a>, which produced the masterplan, <a href="/architects/candalepas-associates">Candalepas Associates</a>, <a href="/architects/turner-studio">Turner</a>, <a href="/architects/cox-architecture">Cox Architecture</a> delivering residential and community facilities and <a href="/architects/hassell-studio">Hassell</a> whom are responsible for the project’s urban design and landscape architecture. 

The development will include 3000 apartment units replacing the 259 current social housing units on site with a private vertical high school for 1000 students, a 120-bed residential aged care, two childcare centres, a supermarket, cafe’s, specialty retail shops, a multi-functional centre with a hall, gymnasium, pool and outdoor play areas and exercise stations. 
Local infrastructure will be improved for easy accessibility and connectivity and sustainable measures such as solar panels, green roofs, water capture and reuse as well as incorporating car-share facilities and a bicycle space for each dwelling keeps the precinct at a six Star Energy Rating.

The Ivanhoe Housing Estate opens Australian’s eyes to how we perceive each other and help to break down social barriers of classism and elitism that we may hold against each other. 
As communities integrate and Australia becomes one of the most multicultural countries globally, we must progress in our thinking and feelings towards each other to which density can provide that close kinship. 
The proposal has been massively influenced by community engagement and have opened up to existing residents and locals to participate in the discussion. Having social or privately owned apartments not perceivable by the public domain encourages social equality and a deconstruction of stigmatic and biased views once shared between community.

 
The architecture and urban planning industry can progress forward and benefit from a sense of personal accountability and understanding on the issues that face us in Australia. 
The outcome of these projects can no longer be just a building, but a living entity that impacts social life, so instead of thinking about providing shelter, we need to think about providing a higher quality of life.

 

 

 

 
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Nick Dante

Architecture as a tool for social change

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A new Ballarat child care centre, leased to Beginnings Early Learners, has sold for $4.7million, seven days after being listed with Savills Australia. 
CBD &amp; Metropolitan sales agent, Mark Stafford, brokered the off-market deal for 2 Mia Street, Alfredton, following a failed expressions-of-interest campaign with a competitor agency.  
Mr Stafford said the sale price represented a 7.46 per cent yield.
It reflected a rate of $36,154 per place.  
“Savills was able to act swiftly for our vendor, with the property being snapped up by a local investor attracted by the high-growth location, strong rental yield and brand new building,” Stafford said. 
“The deal highlights the strong demand we’re experiencing for income-producing assets with long-term leases.” 
The transaction comes on the back of Savills recent sale of a childcare centre at 17 Station Street, Pakenham, which sold with a six-day settlement.
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Ballarat sale shows childcare centres remain asset of choice for investors across Victoria

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McGrath Estate Agents have expanded their reach, opening a new office in Ballarat in regional Victoria.
Their move, which is part of the focus to expand into key regional areas in the state, comes after they opened a Geelong office, their first regional
John McGrath, the founder and executive director of McGrath, said Ballarat is an important growth area of Victoria.
“We earmarked Ballarat over two years ago in our McGrath Report as an important key regional market that has transformed itself from an industrial hub to an attractive lifestyle centre that offers more affordable housing, employment opportunities, a strong sense of community and a relaxed way of life," McGrath said.
"Ballarat is a prime example of a regional city that is no longer the sleepy second tier town but conversely, one that has come of age as thriving economic centre and community.”
McGrath Ballarat will service the area of from Ballarat North to Durham Lead in the south; and Cardigan in the west to Warrenheip in the East. Key suburbs will include Ballarat Central, Solders Hill, Wendouree, Canadian and Ballarat North.
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Christopher Mourd, head of franchise network for McGrath, said Ballarat has been on our radar for some time. 
"As the third largest city in Victoria, it is one of Australia’s fastest growing and most liveable regional cities with diversified manufacturing, tourist, education and professional services in abundance," Mourd said.
“Ballarat is a well-planned city that is steeped in history from the days when it was at the heart of the gold rush, and then a manufacturing town.”
McGrath Ballarat will be led by principals Daniel Nestor (above on the left) and Sean Toohey (above on the right) who have been involved in a sales and operational level with various real estate agencies in Ballarat.
Most recently they were both directors of Ballarat Property Group.
Nestor said Ballarat deserves a premium brand with the highest quality people servicing the market.
"We want our clients, both vendors and buyers, to benefit from the best marketing, knowledge and customer experience that we can offer," Nestor said.
 
 
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jrobinson-rf4aSBido9

McGrath continues its regional Victoria expansion, opening Ballarat office

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A house at Lake Wendouree, in Victoria's Ballarat has sold for $4.25 million to a local family.
It has been sold by Tony Douglass and Tim Valpied from Hockingstuart Ballarat. 
The residence at <a href="https://www.realestate.com.au/sold/property-house-vic-lake+wendouree-129575874" target="_blank">412 Wendouree Parade </a>is two storey, set on a 1,992 square metres lot. 
Built by Peter Jones, the price breaks the suburb’s previous record, set by the nearby 424 Wendouree Parade which fetched $3.73 million off-market deal in January last year.
The house sold in 2007 at a then record of $2.85 million.
The ground floor comes with formal and informal living spaces, kitchen with granite benchtops, home office, guest bedroom and cellar.
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The upstairs comprises main bedroom suite with terrace overlooking Lake Wendouree, five further bedrooms, two marble bathrooms and powder room.
The outside features alfresco entertaining area, heated pool, swimming jets, and spa.
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Other highlights include reverse cycle heating/cooling, Clipsal C-bus system, automated sprinkler systems and two double garages.
It's close to schools and only moments to the CBD.
The suburb's median house price sits at<a href="/developments/lake-wendouree-vic-3350"> $687,500</a>, according to CoreLogic. 
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