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

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

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

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

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

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

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

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

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

Bendigo

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Victorian home builder Sherridon Homes is set to create a customer hub in Bendigo having bought a historic building in the heart of the town.

The hub, which will support growing demand for their homes, will service the wider area, including the Greater Bendigo and Shepparton regions.

Sherridon, who also have offices in Ballarat, Gippsland and central Melbourne, are preparing plans to submit to the local council to refurbish the commercial building at 2-4 Pall Mall.

They're seeking to remove to upper level hoarding to reveal and restore the original façade and windows, as well as turn the untenanted element of the 545 sqm space in to a colour selection showroom and office.

The building has a long history of commerce and trade dating back to the 19th century, and is currently partially tenanted, with a vacant portion most recently home to Dymocks book store.

Sherridon Homes, part of AHB Group, is on track to build around 1,500 homes this year across regional Victoria and Melbourne.

Its regional operations are headed up by seasoned industry professional Natalie King, the former managing director of JG King Homes.

“We are committed to being a regional builder creating jobs and opportunities for local businesses to support the growth of the region”, says Ms King. “Underpinning our success will be the strength and support of a large building group embracing the passion and knowledge of a local team.”
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Victorian home builder Sherridon Homes is set to create a customer hub in Bendigo having bought a historic building in the heart of the town.

Sherridon Homes to service Bendigo and Shepparton regions with new customer hub

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A Victorian trophy home located in Bendigo is for sale. 
The 1890s built home is designed by acclaimed local architect, William Beebe. It features tessellated tiled return verandahs, a grand entry hall with archway pilasters, ornate cornices, ceiling medallions and an original open fire place. 
The four bedroom property is currently for sale through Tweed Sutherland First National Real Estate agent Matt Leonard. It previously sold $1,712,500 in 2015. It fetched $830,000 in 2011.
It is currently for sale at $2.3 million. 
<img src="https://www.urban.com.au/images/2020/1/7/2_Bendigo_Kitchen.jpeg" alt="">
The house blends 19th-century grandeur and modern features. It has a paved kitchen, hydronic heating, eight kilowatt solar panels, self-cleaning salt chlorinated pool and garage workshop.
There is also a formal living room, cellar, study, glass light filled conservatory which incorporates a butler's pantry and open plan dining area. 
<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/2020/1/7/5_Bendigo_Conservatory.jpg" alt="">
The 1045 sqm block incorporates gardens and landscaping with a paved limestone travertine courtyard.
Located at 149 Wattle Street, it is within walking distance to View Street boutique shops and the CBD. 
Heritage authorities credit the distinctive "Bendigo Boom" style as developed by the migrant German and Austrian architects like William Carl Vahland and later, William Beebe.
William Beebe’s preference in the 1890s was for Queen Anne Revival, Carpenter Gothic and Art Nouveau styles.
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Victorian grandeur residence close to the heart of Bendigo

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A 1920s designer style building located in the heart of Bendigo, Victoria has hit the market with $2.4 million to $2.6 million hopes.
It has been offered by Amy Sim from McKean and McGregor Real Estate.
Once the tallest building in Bendigo, the building at <a href="https://www.realestate.com.au/property-house-vic-bendigo-130394334" target="_blank">31 View Street</a> was built in 1925 and was originally the offices of T&amp;G Mutual Life Assurance.
With approval for both commercial and residential titles, it offers panoramic views and heritage features in a mixed zone package. 
<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/2019/8/15/bendigo%202.jpg" alt="">
The ground floor, with an existing tenant, features open plan space and rear terrace leading to the garden.  
Above the shop are four bedrooms, formal living areas, concrete swimming pool, garden and terrace. 
<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/2019/8/15/bendigo%203.jpg" alt="">
Other features of the building include ceiling fans, custom-built cabinetry, automatic water system in rear garden and double garage. 
It is within close proximity to the historic Alexandra Fountain.  
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Bendigo 1920s building hits the market 

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Glenveagh, a mid-century modern Bendigo residence has been brought to market with an asking price of $1.15 to $1.25 million.
Ringed by trees, the self described "jewel of McIvor Hill", is said to be "offering one of the area's finest vantage points".
Situated at <a href="https://www.realestate.com.au/property-house-vic-bendigo-128214202" target="_blank">28-30 Doak Street</a>, the 1950s established home features views of both the surrounding gardens and city landscape beyond.
It is its stone chimney that evokes the MCM feel.
<img src="https://www.urban.com.au/images/2019/1/29/Glenveagh%202.JPG" alt="">
Set on 2513 square metres of manicured grounds the listing states that the updates to the home over the years have "remained sympathetic to the home's origins".
The four bedroom, three bathroom residence features a Roman bath styled in ground pool, as well as multiple paved courtyards and an open fireplace.
Located five minutes from the Bendigo CBD the purchaser of Glenveagh has first option to purchase the adjoining 1665 square metre title at $450,000.
<img src="https://www.urban.com.au/images/2019/1/29/Glenveagh%203.JPG" alt="">
The property is set on two separate titles.
It has remained on market for 279 days and was last sold in 1995 for $264,215.
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1950s Bendigo residence Glenveagh listed for sale

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The home of reality TV regulars Kevin Moloney and Janetta Stones has been listed for sale in the historic village of Maldon, Victoria.

The couple are set to appear on the upcoming third season of Channel Nine’s hit series Travel Guides.

The home, The Brambles was built in 1856 as the manager's residence for the town’s mine.

They purchased the home in 2000, renovating and extending it through the years.

[smartcode_project:default project_id=600]

They have been trying to sell since last January starting with a price range of $695,000 to $764,500 which they changed the price guide in May to $725,000.

In August, they took the home off market the most recent campaign has been running for 70 days.

This latest campaign had the property's price guide set at $715,000 at the end of last year but has revised it to $690,000 - $710,000.

[smartcode_project:default project_id=3730]

The three bedroom two bathroom home is set on 2,263 square metres.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/18/Brambles%202.jpg">

There is imported Morris wallpaper circa 1900.

Barry Plant agent Ben Harper has the listing of 86 South German Road.
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firstname1-iYD4UYzvBa

Travel Guides duo Kevin and Janetta list historic Bendigo home

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Langley Hall, one of Bendigo's most historic residences, has been listed for sale.
It has been operating as a B&amp;B, fetching between $175 and $200 a night for a room.
The Edwardian landmark in White Hills was built in the early 1900s for Henry Langley, the first Anglican Bishop of Bendigo.
The mansion and its collective buildings comprise over 1,200 square metres, including a grand manor and chapel.
There are 15 bedrooms. In World War I the large living and dining areas were used as medical residential accomodation and the hall was a recuperation centre for returned soldiers.
The 9045 square metre grounds have been restored to maintain the vision of architects William Vahland and John Beebe.
Vahland is regarded as being the principal 19th century architect in Bendigo.
Castran Real Estate father and son agents John and Lachlan Castran seek offers by July 25.
Langley Hall last traded for $1.61 million in 2010.
It has been operating as a B&amp;B, fetching between $175 and $200 a night for a room.
Langley Hall, built in 1903 by the Anglican Church, is expected to sell for about $3 million with scope for a commercial redevelopment or residential subdivision.
The <a href="https://www.realestate.com.au/property/484-488-napier-st-white-hills-vic-3550" target="_blank">484-488 Napier Street</a> premises have been listed by Anthony Gurry.
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jonathanchancellor-7SQnKwU6yx

Bendigo B&B Langley Hall listed for sale

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The Bendigo residential market continues growing steadily across most segments.
This growth comes on the back of growth in population and low interest rates, according to the June report published by the valuation firm Herron Todd White.
<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/2018/6/20/Bendigo%20Old%20Vogue.jpg" alt="">
Recently sold for $1,110,000. https://www.realestate.com.au/sold/property-house-vic-brunswick+west-128385470 (link to sale)
Established properties in central locations are seeing strong demand with older period style homes (one pictured above) currently being "in vogue".
The report found that, house and land packages on the city fringe have slowed on the back of increased supply.
The surrounding rural residential/lifestyle market is considered stable with steady demand and supply at present.
Local selling agents are reporting a shortage of stock
across all segments which is to be expected in the winter season, the report noted.
Many small to medium-sized developers are active, putting units and townhouses to the market with success.
This is predominantly within the central suburbs of Bendigo on infill sites and marketed to both investors and first home buyers.
Yields across Bendigo are generally slightly lower than that of other regional cities however the stable market conditions still attract investors.
The valuation firm's forecast for the Bendigo residential market is one of steady growth.
Many people will be following the RBA’s decision on interests rates as this has the potential to reduce demand on a macro level.
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Older period homes in vogue in Bendigo residential market: HTW 

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For the first time in more than 30 years, one of Bendigo’s premier historic homes is on the market.
Newington, on Barnard Street in Bendigo, has been listed by Barry Plant Bendigo.
The property was built in the late 1860s by stonemason, James Brierly, who is best known for building Bendigo’s oldest building, Specimen Cottage.
Alterations carried out in the late 1890s are believed to be the work of local architect, William Beebe, including the beautiful cast-iron trimmed front façade.
The building now has a number of modern conveniences including automated smart home technology, programmable hydronic floor and skirting board heating and top of the range appliances.
“Newington is testament to the stunning architecture of old Bendigo," Bill Williams, at Barry Plant Bendigo said.
Situated on 600 square metres with rear access from Rosalind Street, the property will be sold via tender concluding June 12.
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A piece of Bendigo history on the market

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The Schaller Studio has been officially rebranded as a Quest property, set to be called the Quest Schaller Hotel Bendigo.
Located at the corner of Lucan and Bayne Street, the property comprises 120 hotel rooms, an onsite gym, meeting room facilities and landscaped gardens.
Schaller artwork features in every hotel room.
<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/2017/11/23/BENDIGO2.jpg" alt="">
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Quest CEO, Zed Sanjana was pleased to formally announce this addition to the Quest Apartment Hotels group, highlighting Quest’s firm belief in the strength of Bendigo’s economy.
“With two Quest properties already operating in Bendigo, the addition of Quest Schaller Hotel Bendigo further exemplifies the robust confidence we have for growth in the area. With this addition to the network, Quest will effectively own the premium accommodation segment in Bendigo.
"Furthermore, with ongoing infrastructure development in the area, Quest’s three unique properties are well placed to cater to increased business and leisure travellers to the City of Greater Bendigo,” Mr Sanjana said.
Franchisees, Rohit Sharma and Ashish Kapoor, who are also the franchisees of Quest Bendigo and Quest Bendigo Central, expressed their excitement about adding a very different style property to Quest’s Bendigo portfolio.
“Quest Schaller Hotel Bendigo offers hotel room accommodation, as opposed to Quest’s traditional accommodation offering of fully self-contained serviced apartments. The property has an on-site restaurant and bar facility, providing an additional point of difference compared to the two established Quest Apartment Hotel properties in Bendigo.
"We believe that Quest Schaller Hotel Bendigo will be a complimentary addition to the other Quest properties in Bendigo, as it will provide an alternate accommodation solution for Quest’s transient, leisure and short-stay guests,” Mr Kapoor said.
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The Schaller Studio officially rebranded as Quest property in Bendigo

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Historic Ravenswood Run Homestead – considered the birthplace of Bendigo – is for sale. The property offers 23 bedrooms and 18 bathrooms.
The 14-hectare estate, which once had its own train station, <a href="https://www.realcommercial.com.au/property-hotel+leisure-vic-ravenswood-502589790" target="_blank">has $3.6 million plus hopes</a>.
Ravenswood Homestead was built in the late 1850s on the former sheep station known as the Mount Alexander North Run, which covered about 47,753 hectares.
It was around Bendigo’s first gold find.
<img class="size-full wp-image-47302 aligncenter" src="https://www.commercialrealestate.com.au/news/wp-content/uploads/2017/10/ravenswood1.jpg" alt="The property has been operating as guest accommodation since the 1980s. Photo: Supplied" width="797" height="596">
The pre-Georgian property first began operating as guest accommodation in the 1980s.
The estate at 4912 Calder Highway includes eight servant’s quarters, a dining room capable of seating 48, a breakfast room, cellar and gym.
<img class="size-full wp-image-47305 aligncenter" src="https://www.commercialrealestate.com.au/news/wp-content/uploads/2017/10/ravenswood4.jpg" alt="The dining room can sit up to 48. Photo: Supplied" width="802" height="532">
It is being sold with a redevelopment permit through McKean McGregor Real Estate’s Nick Hall.
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