Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

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Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Glen Iris

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<div class="x_column">
In Melbourne, Australia’s largest auction market, a preliminary auction clearance rate of 61.2 per cent was recorded across 1,090 auctions this week, down from 63.7 per cent across 1,144 auctions last week.
One year ago, the clearance rate was a stronger 75 per cent across 1,098 auctions.
A private weekend auction saw a $9 million Glen Iris sale, a record price for the suburb which has stood at $6.55 million since 2011.
It had been listed with $7 million to $7.7 million price guidance through RT Edgar Mark Wridgway who did the Saturday auction ahead of Monday's scheduled expression of interest closing deadline.
Word of the price leaked out given the attendance of buyers' agents representing some of the six active bidders.
<a id="LPlnk182762" class="x_OWAAutoLink" href="https://www.realestate.com.au/property-house-vic-glen+iris-128112762" target="_blank" rel="noopener noreferrer">The 4 Fairview Grove, Glen Iris offering</a> (top) was a Christopher Doyle-built period home, renovated around a decade ago, on its 2000 sqm block with tennis court.
The property last sold 20 years ago at $1,178,000.
“The pre-auction shenanigans and the auction itself was a masterclass in manipulation, momentum and marvel,” one buyers' agent said.
There was also a public Glen Iris weekend auction of the trophy home at <a id="LPlnk80854" class="x_OWAAutoLink" href="https://www.realestateview.com.au/real-estate/36-howard-street-glen-iris-vic/property-details-buy-residential-11805148/" target="_blank" rel="noopener noreferrer">36 Howard Street</a>, which was passed in of a $3.3 million vendor bid.
The two storey sandstone residence now comes with a $3.65 million asking price.
Melbourne's highest officially notified result was $4.58 million for <a id="LPlnk937753" class="x_OWAAutoLink" href="https://www.realestate.com.au/sold/property-house-vic-middle+park-127945682" target="_blank" rel="noopener noreferrer">390 Richardson Street, Middle Park</a> (below).
<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/2018/5/14/middle.jpg" alt="">
The double fronted unrenovated four bedroom house had been listed with $4 million to $4.4 million price guidance. 
There was a $4.22 million sale in Brighton when 6 Bagley Street was sold.
There were 767 auctions held in Sydney returning a preliminary auction clearance rate of 62.5 per cent, compared to 63.1 per cent across 797 last week, and 74.5 per cent across 960 auctions one year ago.
Sydney's top sale was <a id="LPlnk375535" class="x_OWAAutoLink" href="https://www.realestate.com.au/sold/property-house-nsw-randwick-128134494" target="_blank" rel="noopener noreferrer">30-32 Glebe St, Randwick</a> which fetched $4.5 million pre-auction through BresicWhitney.
At Turramurra there was a pre-auction sale at $4.35 million (below).
<a id="LPlnk39726" class="x_OWAAutoLink" href="https://www.realestate.com.au/sold/property-house-nsw-turramurra-128161110" target="_blank">The custom-designed five bedroom Meadowbank residence</a> was set on a 1138 sqm Boomerang Street block framed by established gardens.
<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/2018/5/14/turra.jpg" alt="">
The Di Jones agent Tim Fraser was initially suggesting it could fetch $3.9 million with the higher price secured after some eight contracts were issued to the 130 plus inspections attendees.
Sydney sales also included $875,000 when a young builder bought a dilapidated Marrickville terrace.
The <a id="LPlnk35800" class="x_OWAAutoLink" href="https://www.realestate.com.au/sold/property-house-nsw-marrickville-128113218" target="_blank" rel="noopener noreferrer">14 Middle St, Marrickville offering</a> (below) was under instructions from NSW Trustee and Guardian.
Agents suggested it was probably the cheapest house sold in the inner west for five years.
<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/2018/5/14/marrick.jpg" alt="">
David Diamantopolous of Devine Real Estate told The Sunday Telegraph it was so cheap as he was prevented from offering buyers a price guide due to the government rules surrounding NSW Trustee and Guardian sales.
CoreLogic calculated there were 2,245 homes taken to auction across the capital cities, returning a waning preliminary auction clearance rate of 61 per cent.
Click here <a href="https://www.propertyobserver.com.au/images/2018/5/14/cap-May14.jpg" target="_blank">to enlarge.</a>
<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/2018/5/14/cap-May14.jpg" alt="">
In the prior weekend's results there had been 2,311 auctions with a final clearance rate of 62.1 per cent. 
Over the same week last year, auction volumes were higher with 2,409 homes going under the hammer with the clearance rate at a stronger 72.8 per cent.
CoreLogic's Kevin Brogan noted units outperformed houses with 63.6 per cent of units selling at auction, while 59.8 per cent of houses found buyers.
"Once clearance rates are finalised early next week, its highly likely they will be revised lower, with both Sydney and Melbourne clearance rates potentially falling below the 60% mark," CoreLogic auction analyst Kevin Brogan noted.
</div>
<div class="x_column">
CoreLogic had collated 586 Sydney results with its preliminary 62.5 percent success rate from the past six days.
While Domain's Australian Property Monitors put the weekend clearance rate at 56.4 per cent clearance rate, taken from 333 reported Saturday results. Sydney real estate agents withdrew 89 properties from auction on Saturday and are still to report results for 155 scheduled auctions.
Canberra was again the best performing capital with a 77.1 per cent success rate across its 80 auctions.
Brisbane saw a 50 percent success rate with the top offering, Bengtson, a modernised East Brisbane Queenslander.
But the <a id="LPlnk139657" class="x_OWAAutoLink" href="https://www.realestate.com.au/property-house-qld-east+brisbane-128147518" target="_blank" rel="noopener noreferrer">4 Didsbury Street</a> home, built in 1896, was passed in on a $1.65 million vendor bid by Shane Hicks from Place Bulimba. 
The top Brisbane sale was a ninth floor apartment <a id="LPlnk592883" class="x_OWAAutoLink" href="https://www.domain.com.au/93-23-griffith-street-new-farm-qld-4005-2014303677" target="_blank" rel="noopener noreferrer">93/23 Griffith Street, New Farm</a> (below) offered for the first time since new in 1973.
<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/2018/5/14/new-farm.jpg" alt="">
The spacious 200 sqm apartment in Gemini Towers fetched $1.41 million with riverfront views.
<div class="x_wp-caption">An $182,000 sale in Brisbane's Ipswich region was the nation's cheapest result.</div>
<div class="x_wp-caption"> </div>
<div class="x_wp-caption">The <a id="LPlnk459871" class="x_OWAAutoLink" href="https://www.realestate.com.au/property-house-qld-brassall-128100166" target="_blank" rel="noopener noreferrer">5 Melbourne Street, Brassall offering</a> was three bedrooms on stilts on an 810 sqm block.</div>
"It's big, ugly and neglected but very recoverable and could be a real steal," was the marketing pitch.
The Raine &amp; Horne agent had notified interested parties that council planning indicates that some flood water did come onto a portion of the block in 2011 - about ankle deep at the lowest point of the block. 
Council records indicated that the flood water was 5.2 meters below the eaves of the home which had sold at $199,000 in 2013.
The official land value was recently put at $125,000.
</div>
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jchancellor-FAypfDUnLy

Hastily called private auction triggered $9 million Glen Iris sale

<html><body><div class="x_column">
A private weekend auction saw a $9 million Glen Iris sale, a record price for the suburb which has stood at $6.55 million since 2011.
It had been listed with $7 million to $7.7 million price guidance through RT Edgar Mark Wridgway who did the Saturday auction ahead of Monday's scheduled expression of interest closing deadline.
Word of the price leaked out given the attendance of buyers' agents representing some of the six active bidders who took the price well beyond the prior record price for the suburb which has stood at $6.55 million since 2011.
<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/2018/5/14/glen2.jpg" alt="">
<a id="LPlnk182762" class="x_OWAAutoLink" href="https://www.realestate.com.au/property-house-vic-glen+iris-128112762" target="_blank">The 4 Fairview Grove, Glen Iris offering</a> (above and top) was a Christopher Doyle-built period home, renovated around a decade ago, on its 2000 sqm block with tennis court.
The property last sold 20 years ago at $1,178,000.
“The pre-auction shenanigans and the auction itself was a masterclass in manipulation, momentum and marvel,” one buyers' agent said.
There was also a public Glen Iris weekend auction of the trophy home at <a id="LPlnk80854" class="x_OWAAutoLink" href="https://www.realestateview.com.au/real-estate/36-howard-street-glen-iris-vic/property-details-buy-residential-11805148/" target="_blank" rel="noopener noreferrer">36 Howard Street</a>, which was passed in of a $3.3 million vendor bid.
The two storey sandstone residence now comes with a $3.65 million asking price.
 
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Glen Iris trophy home sells for $9 million

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Laneway Music founder Vincent Donato has listed his reinvented Glen Iris home in Melbourne's Donnington Estate.
It is a 1910 Edwardian home with grand period features.
Some $2 million has been spent on a full restoration of the six bedroom home on an elevated 950 sqm Ranfurlie Crescent parcel.
Donato paid $1.56 million in 2014.
The six bedroom home blends period elegance and state of the art contemporary designer style.
A wide reception hall under 14 foot ceilings opens to a formal sitting room with bay window and open fireplace and a formal dining room.
Vendor Marketing's Craig Knudsen has assisted on the listing with the Marshall White agency.
Donato founded Laneway Music, a heritage music label devoted to re-issuing artist catalogue's from the late 60's to the present day. 
You can follow the property sale on Twitter <a href="https://twitter.com/32RanfurlieCres" target="_blank">here</a>.
 This article first appeared in The Weekend Australian Mansion Australia section. 
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Laneway Music founder Vincent Donato lists Glen Iris home

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Olympian and Commonwealth Games gold medal-winner Lauren Hewitt and her husband Richard are selling their Glen Iris home.
Hewitt, a gold-medalist in the 4x100 metre relay and bronze medalist in the 200 metres, paid $2 million for the home with Richard in 2009.
Set in the Muswell Hill precinct, the <a href="https://www.realestate.com.au/property-house-vic-glen+iris-126046346" target="_blank">1920s art deco residence</a> has four bedrooms and two bathrooms.
Between $2.8 million and $3.08 million through Marshall White agents Zali Reynolds and James Redfern, who have set an August 26 auction.
<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/2017/08/11/14%20Britten%20Street-2.jpg" alt="" style="font-size: 12.16px;">
Hewitt won gold medals in the 4x100 metre relay at the 1998 Commonwealth Games in Kuala Lumpur and then another gold four years later in Manchester.
Since retiring Hewitt established the Lauren Hewitt Nutrition business.
The family are set to move overseas.
 
 
 
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Olympian Lauren Hewitt lists Glen Iris house

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A residential development site in Melbourne's Glen iris is on the market with existing permit for 25 apartments with underground parking.
Price expectations are around $6.5 million.
The 1785 square metre site, 233 Burke Road, has over 25 metres frontage to Burke Road and rear lane access.
Julian Heatherich from Savills said the current permit allows for a luxurious residential development comprising 25 large apartments with the majority featuring two bedrooms and two bathrooms.
The property will be sold by expressions of interest closing Thursday, March 2 at 12 noon.
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Glen Iris site listed with plans for 25 apartments

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The Glen Iris, Melbourne home of the former AFL ruckman Greg Stafford has been listed with $2.5 million plus hopes.
Stafford now divides his time between his building career with Point Seven Construction and his role as ruck coach with the Melbourne Demons.
The four-bedroom house with 1920s facade is all that remains of the original home.
The expansive open-plan living rooms come with a gas fireplace and a stone kitchen with butler’s pantry.
The property is listed for a September 24 auction. Stafford, who played 204 games for Sydney and then Richmond, extended and renovated the residence at <a href="https://www.realestate.com.au/property-house-vic-glen+iris-123454354" target="_blank">15 Howitt </a>Street after buying it a decade ago for $790,000.
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Retired Swans ruckman Greg Stafford lists Glen Iris home

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It seems a little counter-intuitive that in an apartment market coming off its peak, there's still scope for locations around Melbourne to be shaping as apartment hot spots.

Malvern Road is such an example; while the majority of projects are quite small relative to those of the CBD and surrounds, they do shape as the right stock for current market preferences which have drifted toward larger suburban dwellings.

Focusing on Malvern and Glen Iris, the number of Malvern Road apartment projects in the Apartments.com.au Project Database weighs in at 22. Added to these are a healthy number of projects queued, and which have yet to enter the Apartments.com.au Project Database.

<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/15_images2.jpg" rel="gallery-all" title="Bonview is one of the few existing apartment projects. Image: Balmain &amp; Co"><img alt="" class="image-article-full-width-580px" height="402" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/15_images2.jpg?itok=-7Kcr2Pp" title="Bonview is one of the few existing apartment projects. Image: Balmain &amp; Co" width="580"></a>

<figcaption>Bonview is one of the few existing apartment projects. Image: Balmain &amp; Co</figcaption></figure>With a limited number of apartment projects completed along this stretch of Malvern Road, the pending surge of projects set to call the thoroughfare home could well push future apartment stock in the area beyond 550 dwellings.

Typically spanning 3-5 levels, these Malvern Road apartment projects are defined by larger internal apartment sizes which are on average supported by a proportionately larger number of car spaces. This is very much a reflection of the type of purchaser developers are chasing, and a reflection of the suburbs in question.

What also bolsters Malvern Road's emergence as an apartment hot spot is that very few of the 22 projects at the foot of the article have yet to reach construction.

Grace at 1555-1559 Malvern Road is all but complete, with Vivid on Malvern also well into its construction schedule. Backing these projects up are Abby Apartments, The Henderson and Turner Residences which are at sales.

<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/v16021_1hero_b_0.jpg" rel="gallery-all" title="The Henderson is symptomatic of Malvern Road apartment projects. Image: thehendersongleniris.com.au"><img alt="" class="image-article-full-width-580px" height="272" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/v16021_1hero_b_0.jpg?itok=eiyuLg3S" title="The Henderson is symptomatic of Malvern Road apartment projects. Image: thehendersongleniris.com.au" width="580"></a>

<figcaption>The Henderson is symptomatic of Malvern Road apartment projects. Image: thehendersongleniris.com.au</figcaption></figure>That leaves the bulk of projects along Malvern Road at either planning assessment or approval. Falling within City of Stonnington's borders, the planning process for a number of projects has been lengthy.

Two of the more recent projects to gain approval are 1437-1441 Malvern Road and 1795 Malvern Road, both of which are located in Glen Iris. After an initial failure to determine, Stonnington issued a permit for 1437-1441 Malvern Road on the 29th of August. Spanning six levels when submitted for approval, the Ascui &amp; Co-designed project is one of the larger projects to filter through in the area.

1795 Malvern Road which gained approval during September is more a typical Malvern Road development; three levels with 20 apartments in tow.

The remaining projects are generally at planning, leaving Malvern Road with a strong development pipeline and a claim to being an up and coming apartment hot spot.

<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/image24_7.jpg" rel="gallery-all" title="1437-1441 Malvern Road, Glen Iris. Planning image: Ascui &amp; Co"><img alt="" class="image-article-full-width-580px" height="341" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image24_7.jpg?itok=gvuW-lrN" title="1437-1441 Malvern Road, Glen Iris. Planning image: Ascui &amp; Co" width="580"></a>

<figcaption>1437-1441 Malvern Road, Glen Iris. Planning image: Ascui &amp; Co</figcaption></figure>
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Malvern Road emerges as another apartment hot spot

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The latest planning application for Glen Iris is adding weight to the suburb's credentials as it emerges as an apartment hotspot. Situated 10 kilometres from Melbourne's CBD, the suburb has seen an elevated amount of apartment-based activity of late, with developers keen to secure a foothold within the locale which is split between City of Stonnington and City of Boroondara.

Apartments.com.au is tracking 638 new apartments within Glen Iris spread over 13 separate developments. Small-scale numbers relative to inner city development, yet impressive when considering the suburb is both a youngish apartment market and heavily favoured by owner-occupiers.

City of Stonnington are currently advertising the suburb's largest intended development to date, located at <a href="/buildings/highpark-1559-1567-high-street-glen-iris">1559-1567 High Street</a>. The proposal which rises progressively to eight levels would hold 148 dwellings if approved. Southbank-based Gardenier Pty Ltd is the proponent with ROTHELOWMAN responsible for the design.

<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/image10_2.jpg" rel="gallery-all" title="Indicative view from High Street and Brixton Rise. Image courtesy ROTHELOWMAN"><img alt="" class="image-article-full-width-580px" height="312" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image10_2.jpg?itok=09lRXRb0" title="Indicative view from High Street and Brixton Rise. Image courtesy ROTHELOWMAN" width="580"></a>

<figcaption>Indicative view from High Street and Brixton Rise. Image courtesy ROTHELOWMAN</figcaption></figure>Clad predominantly in varying tones of glass, 1559-1567 High Street holds a mixture of one, two, two plus and three bedroom apartments. The development carries a nominal value of $36 million and would see 15 three bedroom dwellings included in addition to 6 two bedroom plus options, both of which point toward the development team's recognition of Glen Iris as a suburb capable of holding a greater number of higher-end dwellings.

Elsewhere and Glen Iris currently sees three apartment projects at construction. Gardiner Rise, <a href="/buildings/grace-1555-malvern-road-glen-iris">Grace</a> and <a href="/new-apartments/glen-iris-vic-3146">Vivid on Malvern</a> are all at basement stage with the latter the latest project for St Kilda Road-based AG Constructions; yet another of a new brigade of builders devoted solely to the delivery of apartment projects.

<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/image11_3.jpg" rel="gallery-all" title="Gardiner Rise and Vivid on Malvern in progress"><img alt="" class="image-article-full-width-580px" height="259" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image11_3.jpg?itok=Nr7fCmRS" title="Gardiner Rise and Vivid on Malvern in progress" width="580"></a>

<figcaption>Gardiner Rise and Vivid on Malvern in progress</figcaption></figure>Soon to join those at construction are Lennox Glen Iris, which was <a href="/news/samuel-property-and-the-new-residential-zones">featured recently</a>, and <a href="/buildings/trentwood-25-trent-street-glen-iris">Trentwood</a>, Kokoda Property Group's latest residential project. Featuring 92 apartments within a Hayball-designed building, Trentwood will feature Carr Design interiors within the development dominated by two and three bedroom dwellings which hold internal spaces of up to 123sqm.

Also at Registrations and Sales is <a href="/buildings/leopold-stonnington-18-leopold-street-glen-iris">Leopold</a> which presents as more typical Glen Iris apartment developments in that it is low-rise in nature and within a close distance to either of the suburbs two train stations: Gardiner or Glen Iris.

The balance of project within postcode 3146 are at planning, with three notable developments in waiting. Calabro Capital's <a href="/new-apartments/iris-residences-1581-malvern-road-glen-iris">1579-1581 Malvern Road</a> is a recent entrant into the Apartments.com.au project database as are <a href="/new-apartments/1729-1735-malvern-road-glen-iris">1729-1735 Malvern Road</a> and the Peddle Thorp-designed <a href="/new-apartments/1655-1659-malvern-road-glen-iris">1655-1659 Malvern Road</a>.

Sizeable apartment developments applications are also in progress for the following Glen Iris addresses (some of which have yet to enter the Apartments.com.au project database) include:

<ul>
<li>1687 Malvern Road</li>
	<li>7-11 Elm Road Glen Iris (developed by modular builder Modscape)</li>
	<li><a href="/new-apartments/1639-1645-malvern-road-glen-iris">1639-1645 Malvern Road</a></li>
	<li>1795 Malvern Road</li>
	<li>1693-1699 Malvern Road</li>
	<li>1542 High Street</li>
	<li>
<a href="/new-apartments/1655-1659-malvern-road-glen-iris">1655-1659 Malvern Road</a> (Notice of Decision stage)</li>
	<li>1789 and 1791-1793 Malvern Road</li>
</ul>
With Malvern Road and High Street a focal point of apartment development within the area, Glen Iris's forward apartment development pipeline is looking particularly strong. This coupled with the desirability of the suburb leads Apartments.com.au to ear tag Glen Iris as an apartment hotspot both now and into the medium term.

<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/image13_4.jpg" rel="gallery-all" title="A selection of active Glen Iris apartment projects"><img alt="" class="image-article-full-width-580px" height="336" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image13_4.jpg?itok=t89d-iOm" title="A selection of active Glen Iris apartment projects" width="580"></a>

<figcaption>A selection of active Glen Iris apartment projects</figcaption></figure>
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Identifying the next apartment hotspot: Glen Iris

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One of the major changes to planning during the term of the last Victorian Government was the implementation of <a href="/news/planning-minister-approves-new-residential-zones-in-39-victorian-lgas">new residential and commercial zones</a> right throughout <a href="/news/planning-minister-approves-new-residential-zones-in-39-victorian-lgas">metropolitan and regional areas</a>.

The new planning zones were designed to provide clarity to the community and also to developers in order for them to make investment decisions with a clear understanding of what can be built on the sites they purchase.

One developer which is working away in the General Residential and Residential Growth Zones is <a href="http://www.samuel.com.au/">Samuel Property</a>.

To date Samuel Property have begun development of two projects: Vela in Blackburn and Lennox Glen Iris. Apartments.com.au recently chatted with Illan Samuel who is head of the company and some interesting planning anecdotes came out of the conversation.

<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/lennox.jpg" rel="gallery-all" title="Lennox Glen Iris. © Samuel Property"><img alt="" class="image-article-full-width-580px" height="337" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/lennox.jpg?itok=XRuU3Ah1" title="Lennox Glen Iris. © Samuel Property" width="580"></a>

<figcaption>Lennox Glen Iris. © Samuel Property</figcaption></figure>Lennox, located at 25 Belmont Avenue North in Glen Iris, was initially targeted at the downsizer market and four weeks out from kicking off the marketing campaign for the project, a decision was made to switch direction and target young professionals.

All 20 apartments were sold in 4-5 weeks and it attracted “very much a hyper-local buyer pool - young people who were either renting or originally grew up in the area - and no offshore buyers” according to Samuel.

Illan Samuel told Apartments.com.au that development sites in side streets right near main strips are preferred; buyers like being close to the action but not directly on the main drag as it were. Lennox in Glen Iris and Vela in Blackburn fit this bill.

Take this <a href="http://planningschemes.dpcd.vic.gov.au/__data/assets/pdf_file/0007/194614/whitehorse02zn.pdf">map of zones</a> for the Blackburn area in Whitehorse, Vela Blackburn as seen in the render below is located at 4 Station Street, just off Whitehorse Road and right inside the <a href="http://planningschemes.dpcd.vic.gov.au/schemes/whitehorse/ordinance/32_07s03_whse.pdf">RGZ3</a> zone. Lennox in Glen Iris located at 25 Belmont Avenue North comes under <a href="http://planningschemes.dpcd.vic.gov.au/schemes/stonnington/ordinance/32_08s10_ston.pdf">GRZ10</a> according to <a href="http://planningschemes.dpcd.vic.gov.au/__data/assets/pdf_file/0007/191743/stonnington06zn.pdf">Stonnington zone maps</a> for Glen Iris.

<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/apartments4.jpg" rel="gallery-all" title="Vela Blackburn. © Samuel Property"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/apartments4.jpg?itok=7vqlzmIm" title="Vela Blackburn. © Samuel Property" width="580"></a>

<figcaption>Vela Blackburn. © Samuel Property</figcaption></figure>Vela in Blackburn, like Lennox in Glen Iris, has sold out of its 24 apartments and Illan told Apartments.com.au the sales campaign drew in a lot of local buyers.

As is the custom when Apartments.com.au asks developers about future plans, there was a lot of coyness, but Illan did tell us that a similar profile development - side street just off a main strip in RGZ or GRZ - is currently at planning in Glen Eira.

Vela in Blackburn is already under construction and Lennox Glen Iris is set to commence construction in October.

<h2>Comment</h2>

There is still, no doubt, scope to improve the planning zones further. For instance, encouraging (forcing?) councils to apply them to more areas in their LGA and experimenting with other "carrot or the stick" tools like density bonuses which might allow developers to build an extra level in exchange for affordable or social housing components in developments located in any General Residential or Residential Growth Zone.

Regardless, it is encouraging to see capital seek out these development opportunities and from early-adopter and entrepreneurial developers as well; as it is the little things, built in high volume, that are going to count over the long run if Melbourne is to reach the goal of diversifying its residential stock as we grow over the coming decades.

Lead image credit: Lennox Glen Iris location, <a href="http://www.lennoxgleniris.com.au/video">Samuel Property</a>.
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