ANZ believes the Reserve Bank is in no rush to move again.

Following the release of the May Monetary Policy Board Minutes, ANZ has taken the view that the RBA is now firmly in a holding pattern, with the cumulative impact of previous rate hikes giving the Board scope to assess how the economy evolves from here.

That positioning, in ANZ’s view, makes a June rate hike unlikely.

The bank continues to expect the cash rate to remain unchanged at 4.35 per cent for an extended period, with the RBA adopting what is effectively a wait-and-see approach.

The Minutes point to a Board that sees financial conditions as already restrictive, but without a clear read on just how restrictive they are. That uncertainty has shifted the focus away from immediate policy action and toward monitoring both domestic conditions and global developments, particularly the conflict in the Middle East.

As ANZ interprets it, the Board is deliberately avoiding strong forward guidance.

Instead, it is allowing itself flexibility, acknowledging that monetary policy has limited ability to influence the near-term trajectory of inflation, while also recognising that economic growth is likely to remain below potential for some time.

Despite that pause in momentum, ANZ notes that the Board still carries a tightening bias.

The Minutes reveal that, in weighing up its decision, the Board seriously considered another 25 basis point increase. The key debate centred on the trade-off between inflation and activity, particularly in the context of global uncertainty.

Ultimately, most members leaned toward the inflation side of that equation.

Underlying inflation is still expected to remain above target for an extended period, regardless of how external risks evolve. That has led to a view within the Board that the risks to its inflation objective have increased, and that the current cash rate may not be sufficiently restrictive to fully contain those pressures.

That’s important.

While the decision, for now, is to hold, the underlying tone of the Minutes suggests the door to further tightening has not been closed.

ANZ also points to commentary from Assistant Governor (Economic) Sarah Hunter, who highlighted the risk that inflation could pass through the economy more quickly and broadly than in previous cycles. Both Hunter and a majority of the Board expressed concern that inflation expectations could become less anchored after such a prolonged period above target.

That combination, persistent inflation and the risk of expectations shifting, is what continues to underpin the RBA’s cautious stance.

However, where ANZ diverges from the RBA is on the outlook for activity.

The Board appears relatively comfortable with current spending patterns, effectively downplaying recent declines in business and consumer sentiment. It notes that sentiment has historically been only weakly correlated with actual spending, and that feedback from its liaison program has not yet pointed to a meaningful slowdown in consumption.

ANZ is less convinced.

The bank believes the link between household disposable income, sentiment and spending is more direct than the RBA is currently acknowledging. With inflation continuing to erode real incomes, ANZ expects household spending to soften more materially than the central bank is forecasting.

That divergence matters because it shifts the balance of risk.

If activity weakens more than expected, the trade-off between inflation and growth changes. In ANZ’s view, that would reduce the need for further tightening and reinforce the case for the RBA to remain on hold.

It also suggests that the current policy setting may already be doing more work than the Board fully appreciates.

The broader takeaway from ANZ’s interpretation is that the RBA is walking a narrow path.

On one side sits the risk of inflation remaining elevated for longer than expected. On the other is the growing pressure on households and the potential for a sharper slowdown in activity.

For now, the Board is choosing to wait.

But it is a pause that still carries an underlying tightening bias, rather than a clear pivot toward easing.

In practical terms, that leaves the cash rate anchored at 4.35 per cent for the foreseeable future, with the next move still uncertain.

For borrowers, it reinforces the reality that relief is not imminent.

And for the broader economy, it highlights the delicate balance the RBA is trying to strike, between bringing inflation back to target and avoiding an unnecessarily sharp slowdown in growth.

According to ANZ, it is a balance that is becoming increasingly difficult to maintain.

Joel Robinson

RBA to hold rates for "prolonged period" rather than hikes: ANZ

<a href="https://www.apartments.com.au/developers/venturecrowd-property-projects">VentureCrowd</a> is down to the final Canopy Villa release at Cumulus Grand Villas in Carrara, as construction continues on the 59-residence gated community positioned above 100 hectares of natural savanna on the Gold Coast.

The remaining Canopy Villa forms part of one of four collections within the <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>-designed community and has attracted interest from buyers seeking larger-format homes that combine privacy, security and low-maintenance living. Positioned within a private cul-de-sac and facing a protected black she oak forest, the four-bedroom villa includes a large private outdoor area suited to pet owners and families wanting more flexible space.

<a href="https://www.apartments.com.au/new-townhouses/cumulus-grand-villas-carrara-17-baltimore-court-carrara-qld-4211">Cumulus Grand Villas</a>, located at 17 Baltimore Court, comprises a mix of three and four-bedroom villas across the Skyline, Canopy, Savanna and Broadview collections. Prices currently range from $1.455 million to $1.895 million, with the final Canopy Villa priced from $1.825 million.

[smartcode_project:default project_id=135663 project_image_fid=360477]

The Canopy Collection villas offer four bedrooms, 2.5 bathrooms and approximately 245 sqm of internal space, alongside double garages and landscaped private areas. Expansive glazing, open-plan living spaces and private balconies have been designed to maximise natural light and outlooks toward the surrounding savanna landscape.

Construction is now underway across the fully funded development, which VentureCrowd says has become an increasingly important consideration for buyers assessing off-the-plan opportunities on the Gold Coast. The project is being delivered by <a href="https://www.apartments.com.au/builders/devcon">Devcon Property Group</a>, which has operated in South East Queensland since 1993 and delivered more than 1,000 homes across the region.

VentureCrowd Director of Property David Whitting previously said the project responds to changing buyer priorities in the prestige Gold Coast market.

“Flexible floorplans have proven particularly relevant for purchasers aged between 40 and 65, including next home buyers, downsizers and investors,” Whitting said.

[smartcode_project:default project_id=135663 project_image_fid=360505]

The buyer profile at Cumulus has reflected that shift toward owner-occupier-driven demand. Stuart Towns and Tracey Loynes recently purchased a Canopy Villa, drawn to both the lifestyle offering and the flexibility the home provided for their next stage of living together.

The couple, who met three years ago, sold their Robina home earlier this year after identifying what they saw as strong long-term investment potential at Cumulus while remaining within the same Gold Coast market. The villa’s private backyard was a major drawcard for their dog Luna, while proximity to golf courses including Emerald Lakes also aligned with their lifestyle interests.

Beyond the residences themselves, the community has been planned around shared lifestyle and recreation amenities. The Infinity Terrace will include a 20-metre heated pool, barbecue facilities, alfresco dining spaces and elevated retreat areas overlooking the surrounding landscape. Walking trails, a private nature reserve, orchard and herb garden are also integrated into the masterplan.

[smartcode_project:default project_id=135663 project_image_fid=360473]

BDA Architecture Director Darren Greenaway said the design approach was heavily influenced by the site’s outlook and secluded setting.

The practice sought to create what Greenaway described as a “little piece of paradise,” drawing inspiration from the elevated views, surrounding greenery and quiet location.

<a href="https://www.apartments.com.au/developments/carrara-qld-4211">Carrara</a> continues to attract buyers seeking larger homes within proximity to the coast but without direct beachfront pricing. Cumulus sits within easy reach of Broadbeach, Pacific Fair, Robina Town Centre and the M1, providing connections north to Brisbane and south toward the Gold Coast Airport and northern New South Wales.

The first stage of Cumulus Grand Villas is targeting completion in 2026.

[smartcode_project_cta:default project_id=135663]

VentureCrowd nears sell-out of Canopy Collection at Cumulus Grand Villas in Carrara

Waverley Council has made a call that many councils have been reluctant to make publicly. Growth is coming, regardless of who controls it.

The release of the Bondi Junction Vision and Master Plan is less about whether the Eastern Suburbs’ primary centre will change, and more about how that change is shaped, funded, and ultimately experienced on the ground. Waverley Council has released a 100-page plan which is effectively the first comprehensive blueprint for Bondi Junction in over two decades, and in doing so, signals a clear shift in how councils are positioning themselves in the current planning environment.

For the past 18 months, the conversation across New South Wales has been dominated by the State Government’s Low and Mid-Rise Housing reforms and the emergence of the Housing Delivery Authority pathway. Both have created faster, more centralised avenues for development approvals, particularly in well-located, infrastructure-rich areas like Bondi Junction.

Waverley Council’s response has been to move early, and decisively.

Rather than react to individual proposals as they come through the HDA or broader State-led reforms, Council has sought to establish a clear, place-based framework that sets the terms for how Bondi Junction evolves. The underlying position is relatively straightforward: if densification is inevitable, it should be tied to infrastructure, public domain improvements, and a cohesive vision for the centre, not delivered piecemeal through ad hoc applications.

<img alt="bondi junction" data-entity-type="file" data-entity-uuid="7f1f729c-ed99-4c6c-bf87-ffbce6991941" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-19%20at%209.58.16%E2%80%AFAM.png?VersionId=ULX4OlXKjeJ5BvNCNGL86evgXCjCfMih" />

At its core, the document is attempting to reposition Bondi Junction from what it largely functions as today, a transport interchange anchored by a major retail centre, into something far more layered. The ambition is to transform it into what the plan describes as the “civic and cultural heart of Sydney’s East,” a place that is active beyond commuting hours and capable of supporting a broader mix of uses, experiences and communities.

That repositioning is built around four key ambitions.

The first is to create a true destination. Bondi Junction already attracts significant foot traffic, with more than 86,000 daily transport users and millions of annual retail visits, but much of that activity is transient. People pass through, rather than stay.

The Master Plan seeks to change that dynamic. It leans heavily into the idea of an “18-hour economy,” extending activity well beyond traditional retail hours through dining, cultural programming, events, and a more active night-time offering. This is not just about adding more hospitality venues, but about fundamentally shifting how the centre operates, from a daytime shopping destination to a place that functions across the full span of the day and into the evening.

Oxford Street Mall sits at the centre of that shift.

Long seen as underperforming relative to its potential, the Mall is identified as one of the key catalyst projects in the plan. It is to be reimagined as a day-to-night spine, combining retail, dining, wellness and cultural uses in a way that creates a continuous flow of activity. Outdoor dining, rooftop venues, laneway activation and a curated events program are all part of the strategy, alongside significant public domain upgrades that aim to improve comfort, safety and usability.

&nbsp;

The second ambition is to transform Bondi Junction into a world-class interchange.

Despite being one of the most heavily used transport nodes in Sydney, the current experience is fragmented. Connections between the station, Westfield, Oxford Street Mall and surrounding streets are often unclear, and major roads create physical barriers that disrupt pedestrian movement.

The Master Plan proposes a more seamless, people-focused network. That includes clearer pedestrian links, improved wayfinding, better integration between transport modes, and a rethinking of how arrival into the centre is experienced. The aim is to shift the perception of Bondi Junction from a place people move through, to a place they arrive in.

The third ambition focuses on greening and open space.

One of the more consistent pieces of community feedback throughout the Vision phase was the need for more greenery, better public spaces, and a more comfortable urban environment. Despite being surrounded by major parks, Bondi Junction itself has relatively limited accessible open space, with much of the public realm dominated by hard surfaces and traffic infrastructure.

The plan responds with a network of new and upgraded public spaces, increased tree canopy, and what it terms the “Parkline,” a green link connecting Waverley Park through to Centennial Park. This is not just about aesthetics. It is about addressing heat, improving liveability, and ensuring that increased density is matched by access to high-quality outdoor space.

The fourth ambition is perhaps the most important from a development perspective: growth that gives back.

Bondi Junction is already the primary location for new housing supply in the Waverley LGA, and that is expected to continue. The area carries a target of 2,400 new dwellings by 2029, with further growth projected beyond that as demand for well-located housing continues to rise. The Master Plan does not seek to limit that growth. Instead, it attempts to shape it.

New housing is to be concentrated around transport, with stepped building heights designed to protect the character of surrounding neighbourhoods. At the same time, the plan introduces a more explicit link between development uplift and public benefit. This is where value capture becomes central.

The document outlines a framework where increased development potential is tied to contributions that fund public domain improvements, community infrastructure, open space, and affordable housing. It is an approach that recognises that much of the transformation of Bondi Junction will be delivered by the private sector, but seeks to ensure that the benefits of that growth are shared more broadly. The Civic Precinct is a key part of that equation.

Leveraging Council-owned land, the plan proposes a consolidated civic and cultural hub centred around Ebley Street. This would include new community facilities, cultural spaces, and potentially a new Council Chambers, creating a focal point for civic life that currently does not exist in Bondi Junction at scale.

It is one of several catalyst projects identified in the Master Plan, alongside the Oxford Street Mall transformation. These projects are intended to anchor change, acting as early interventions that unlock broader investment across the precinct.

Importantly, the Master Plan is not just a design document. It includes a delivery framework that sets out how these ambitions are intended to be realised.

Council is explicit in acknowledging that it cannot deliver the transformation alone. Implementation will require coordination between State agencies, private developers, landowners and the community, with a mix of planning agreements, infrastructure contributions and direct delivery mechanisms used to fund and stage improvements over time.

The plan outlines a mix of short-term, medium-term and long-term actions, from immediate public domain upgrades and planning controls, through to larger-scale projects that will unfold over the next decade or more. In practical terms, the next 12 to 24 months will be the most important.

This is when the Master Plan will move through exhibition, refinement and eventual adoption. It is also the period in which Council will seek to embed the framework into its planning controls, giving it weight in the assessment of future development applications.

Council officers have indicated that once the Master Plan is in place, it could be used as a benchmark when assessing Housing Delivery Authority proposals, and potentially reduce the need for further HDA declarations within Bondi Junction. In effect, it is an attempt to bring planning control back to the local level, while still aligning with State housing targets.

That tension between State-led reform and local planning control is not unique to Waverley. It is playing out across Sydney.

&nbsp;

&nbsp;

&nbsp;

If delivered as intended, Bondi Junction will become denser, more active, and more complex. It will support more residents, more workers, and a wider range of uses, extending beyond its current retail core into a more layered urban environment.

“The civic and cultural heart of Sydney’s East”: Bondi Junction masterplan revealed

Toorak's dress circle St Georges Road, home to some of the city's priciest homes, is set for a rare new apartment development.

Blood Diamond Group, an entity tied to Tina Brandi, wife of David Brandi who has been a prolific bidder on The Block over the years, has filed plans for an ultra-exclusive development across an amalgamated 3,662 sqm site at <a href="https://www.apartments.com.au/new-apartments/104-106-st-georges-road-toorak-vic-3142">104 and 106 St Georges Road</a>.

The proposal would replace two existing homes on the riverfront site with a five-level apartment building cascading down the steeply sloping land toward the Yarra River. Designed by Charles Wright Architects, the development has been carefully shaped around the site’s topography and river environs, with the upper levels stepping back to reduce visual bulk from both St Georges Road and the Yarra corridor.

Planning documents describe the proposal as “a site layout and building typology that is consistent with the emerging character of the area and which provides exceptional amenity for future residents without compromising that of neighbouring properties.”&nbsp;

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ea19a17e-7528-4fa8-b727-05f2f7c025e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20a_0.png?VersionId=rZ2IjdoUL_UrRl1sZ4wZHnQXbYUaEmUQ" />

The scheme comprises 12 apartments, including 10 three-bedroom residences, one one-bedroom apartment, and a substantial split-level five-bedroom penthouse. A 624 sqm communal rooftop terrace will crown the building, while three undercroft levels embedded into the hillside will accommodate apartments and basement parking.

The design leverages the site’s dramatic northern outlook across the Yarra River, with living areas and balconies oriented toward the water. A central atrium running the full height of the building is intended to draw natural light deep into the residences and improve internal amenity.

Landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo Design &amp; Landscape</a> will play a major role in softening the built form, particularly along the river edge where significant setbacks have been introduced. The proposal includes a minimum 30-metre setback from the Yarra River boundary, preserving a substantial landscaped buffer between the development and the waterway.

While a mature English Oak near the front of the site is proposed for removal, the plans retain a large English Elm closer to the riverfront, alongside other established vegetation in the lower section of the property.

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ed3bf19b-5bc7-482f-bde7-41f709a13c3a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20b.png?VersionId=SG_kBGu4rOaSPY8FtVcmPJfSCrstuOfg" />

Architecturally, the building adopts strong horizontal forms with expansive glazing and curved balcony edges facing the river. Planning documents note the upper levels “adopt a receding form” to ensure the building responds appropriately to the Yarra River environs overlay controls.&nbsp;

The surrounding streetscape is characterised by large contemporary homes embedded into the hillside, many presenting as modest one or two-storey forms to the street before expanding toward the river frontage below. The planning report notes this established pattern heavily influenced the massing strategy for Toorak Pavilion.&nbsp;

Until the recent sale of the landmark Clendon Road mansion Coonac for around $130 million, St Georges Road held the state's most expensive home, the $80,000,088 derelict "Ghost House" mansion that was bought by crypto king Ed Craven.&nbsp;

Blair House, also on St Georges Road, sold for $74.5 million in 2022.

First look: Toorak Pavilions slated for dress circle St Georges Road

Six months after a development site on Kangaroo Point’s Shafston Avenue sold for $6.55 million, plans have been lodged for a 23-storey apartment tower.

A company named JMT Mega Capital, understood to be interstate investors when the 1,222 sqm double block traded late last year through Patona Property, is proposing an 84-apartment development in place of the existing low-rise buildings.

The slender tower at <a href="https://www.apartments.com.au/new-apartments/212-220-shafston-avenue-east-brisbane-qld-4169">212–220 Shafston Avenue</a>, overlooking the Brisbane River, has been designed by <a href="https://www.apartments.com.au/architects/aplus-design-group">Aplus Design Group</a>. It will comprise a mix of one-, two- and three-bedroom apartments above six basement levels, topped by rooftop resident amenities.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="7e17ba9e-553e-42ef-92b6-22081671521a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_3.png?VersionId=hlVUf99vrOjUs.vhQs0qV0DhOncUy9T8" />

The development has been designed as a vertically articulated tower with recessed balconies, curved façades and planted edges intended to soften its scale within the evolving Shafston Avenue skyline. In the submitted Urban Design Report, Aplus Design Group said the tower had been “shaped with a slender vertical expression, articulated façades, recessed balcony zones, integrated planting and a clearly defined podium relationship, helping to reduce perceived bulk and create a more elegant contribution to the Shafston Avenue streetscape and broader Kangaroo Point skyline.”

The scheme comprises 84 apartments, including 25 one-bedroom units, 34 two-bedroom apartments and 25 three-bedroom residences. A total of 104 car spaces are proposed across six basement levels, including resident, visitor and accessible parking.

Residents will have access to rooftop communal open space and shared amenities, while the development also incorporates deep planting zones and subtropical landscaping throughout the podium and tower levels. The project includes 35 per cent communal space coverage across the site and a 17.5 per cent deep soil zone allocation to support urban greening outcomes.

The application exceeds the mapped building height under the Kangaroo Point Peninsula Neighbourhood Plan and is being assessed under Brisbane City Council’s impact assessment pathway. The design team argues the additional height is supported by the site’s strategic inner-city location, existing high-density zoning, and proximity to transport and employment hubs.

“The design has been developed to make better use of a well-serviced urban site within an established high-density residential setting, while improving the street presentation and overall quality of the public realm interface,” the report states.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="1ab44b1e-ff45-4bf3-8da8-8aa0cd79db33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_10.png?VersionId=tSxeGekZOqj1e9g3PEn_yFoC3taKDp3U" />

The proposal adds to a growing pipeline of apartment developments reshaping Kangaroo Point ahead of the 2032 Brisbane Olympic Games, with demand continuing to strengthen for new housing supply in well-connected inner-city precincts.

Mosaic has nearly sold out its under-construction <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a>&nbsp;and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a>,&nbsp;while Pikos recently completed <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye Residences</a> nearby. Pikos is also delivering <a href="https://www.apartments.com.au/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point-qld-4169">Gaia</a>, over 230 three- and four-bedroom apartments on Lambert Street.

First look: 23-storey Kangaroo Point apartment tower planned for Shafston Avenue riverfront precinct

Hawthorn

Sierra Hawthorn, located in the vibrant hub of Melbourne's Hawthorn, boasts exclusive amenities for residents to enjoy.

Delivered by JD Group, the 293-residence development is a mix of two and three-bedroom apartments with spacious floorplans.

Floor-to-ceiling windows deliver abundant light and highlight the contrast of rich, dark wood and high-quality stone found within these open-plan residences.

Designed by Rothelowman, the bold architecture of Sierra forms a unique ‘S’ shape, unmissable from Burwood Road.

[smartcode_project:default project_id=2637 project_image_fid=21157]

In the kitchen, oak floorboards, cabinetry, and built-in European appliances create the ideal kitchen to entertain and cook within.

Floor-to-ceiling tiles, clear glazed shower screens, and generous storage characterise the bathrooms, seamlessly blend elegance, form and function.

But it is what is outside the confines of each individual residence that speaks to the true offerings at Sierra Hawthorn.

Urban takes a look at five amenities on offer at the new development.

1. Landscaped Courtyards

[smartcode_project:default project_id=2637 project_image_fid=187171]

Nestled within the Sierra’s elegant curves sit two large courtyards that present a broad, leafy outlook.

The gardens and leafy walkways provide an avenue for peaceful meditation, relaxation or entertaining family and friends.

2. Rooftop &amp; Garden

&nbsp;

[smartcode_project:default project_id=2637 project_image_fid=187172]

The private rooftop garden offers a host of facilities whilst also delivering great views across the Melbourne CBD.

These include Indoor-outdoor dining and a barbeque area with lounges for residents to revel in the outdoor ambience.

3. Sierra Hawthorn Lobby

[smartcode_project:default project_id=2637 project_image_fid=187168]

The imposing entrance at Sierra Hawthorn means that residents, and their guests, are always welcomed home.

Wide, glass-fronted façade, broad inviting stairs and the use of European timber and feature lighting ensure this is a place for grand entrances.

4. Gymnasium

[smartcode_project:default project_id=2637 project_image_fid=187170]

A well-equipped gymnasium with a leafy, courtyard outlook provides opportunities for fitness and relaxation in perfect harmony.

Health-conscious residents can enjoy getting their fitness fix without leaving the comfort of their new surroundings.

5. Swimming Pool &amp; Spa

[smartcode_project:default project_id=2637 project_image_fid=187169]

If you love laps or just enjoy a refreshing dip, Sierra Hawthorn’s sparkling, 22-meter pool is the ideal indulgence. &nbsp;

For those who prefer a refreshing spa day, the spa and sauna provides great amenity to residents.

[smartcode_project_cta:default project_id=94104]

Sierra Hawthorn, located in the vibrant hub of Hawthorn, boasts exclusive amenities for residents to enjoy.


max.kwok_55688

Why first home buyers are keen on the amenities at Sierra, Hawthorn apartments

For those&nbsp;prioritising luxury living at an affordable price in&nbsp;one of&nbsp;Melbourne premier suburbs Hawthorn,&nbsp;Dahua Group&#39;s Hawthorn Park&nbsp;is the place to be.&nbsp;

Designed by multi-award-winning architect, Rothelowman, Hawthorn Park reimagines the norm of apartment living.&nbsp;

Hawthorn Park boasts unparalleled amenities - from Melbourne&#39;s first sky pool and theatre rooms in selected apartments to a stunning sky lounge.

It is host to a number of other resort style amenities including&nbsp;a hammock lounge, massage suites, sky boardwalk and a&nbsp;fully-equipped gym&nbsp;offering&nbsp;personal training, yoga and a meditation studio.

[smartcode_project:default project_id=3730]

Comprising 368 residences spread across&nbsp;seven floors and five buildings, Hawthorn Park is structured around garden vistas that feature lush greenery and resident lounges. Reflecting an emphasis on sustainability and healthy living, outdoor areas boast fruit and vegetable gardens where residents are invited to grow their own produce.

Walking right out your front door&nbsp;there&#39;s plenty of nature to experience with&nbsp;2000 square metres of parkland curated by acclaimed landscape architect Jack Merlo.

Located in one of Melbourne&rsquo;s premier suburbs of Hawthorn, the development is surrounded by heritage homes and buildings, eclectic cafes, sophisticated boutiques and bars and a well connected public transport system.

That includes major train and tram lines that provide services into the Melbourne CBD only 6 kilometres away or outer reaching suburbs with ease.

Residents will be surrounded by nature by being in walking distance of Fritsch Holzer Park and a cycle to the trail that lines the lush and peaceful Yarra River.

<a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hawthorn_park_urban_1600.jpg" /></a>

Nearby educational facilities nearby include:

<ul>
	<li>Auburn Primary School</li>
	<li>Camberwell Primary School</li>
	<li>SEDA College (Victoria)</li>
	<li>Swinburne Senior Secondary College</li>
	<li>Preshil, The Margaret Lyttle Memorial School</li>
	<li>Swinburne University of Technology</li>
	<li>University of Divinity</li>
	<li>University of Melbourne</li>
</ul>

Apartment prices for a&nbsp;one-bedroom start from&nbsp;$609,000 and&nbsp;$670,000 for a two-bedder.

The&nbsp;premium residences of Hawthorn Park&nbsp;are larger apartments and townhouses with superior high end finishes and Gaggenau appliances including a five-burner cooktop, combi steam oven, dish warming drawer and fully integrated dishwashers in the kitchen.&nbsp;

They start at&nbsp;$1,180,000 for a three-bedroom abode and $1,872,000 for a four-bedroom townhouse.

Construction has been slated for completion in late 2020.

Hawthorn park was also one of&nbsp;Urban&#39;s <a href="/news/vic/urbans-most-popular-vic-projects-for-first-home-buyers-in-q1-2021" target="_blank">most popular Victorian projects for first home buyers in Q1 2021</a>, so don&#39;t let it slip away!

Hawthorn Park boasts unparalleled amenities - from Melbourne's first sky pool and theatre rooms in selected apartments to a stunning sky lounge.

jordan_55689

Walking Tour: What's within walking distance from Hawthorn Park?

Residents will soon be moving in to Robinson, the new townhouse development in Hawthorn's exclusive Scotch Hill precinct.

The project at 37 Robinson Road Hawthorn, delivered by developer Outline Projects, comprises 18 three and four bedroom townhouses, each with their own private garages and courtyards.

Outline Projects commissioned the Melbourne-based architectural studio Object Subject to design the homes, with the renowned Eckersley Garden Architecture handling the landscaping and gardens.

[smartcode_project:default project_id=21862]

There are still a few townhouses left, with the three bedroom residences priced between $1,725,000 and&nbsp;$2,665,000. The sole four bedroom townhouse left is priced at $2,625,000.

The buyers have been a mix of&nbsp;owner-occupiers, young families, young professionals and downsizers.

<a href="/buildings/robinson-37-robinson-road-hawthorn"><img alt="" data-entity-type="" data-entity-uuid="" height="738" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hawthorn_robinson_2.jpg" width="1200" /></a>

The Robinson townhouses have been created using a&nbsp;refined material palette of&nbsp;marble,, brass, steel and brick, complete with a striking timber facade.

Each townhouse spans two levels and has engineered oak floorboards, wool blend carpers, double glazed windows and a kitchen fully-kitted with Miele appliances and natural stone benchtops.

<a href="/buildings/robinson-37-robinson-road-hawthorn"><img alt="" data-entity-type="" data-entity-uuid="" height="728" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hawthorn_robinson_3.jpg" width="1200" /></a>

The master suite's feature their own walk in wardrobes and ensuites.

The project sits&nbsp;to the south of Riversdale Road, just a short stroll from Camberwell Junction.

Outline has previously had success in Collingwood with an eight-level development of 29 dwellings. They also&nbsp;successfully completed townhouse projects in Armadale, Prahran and Fitzroy.

The project at 37 Robinson Road Hawthorn comprises 18 three and four bedroom townhouses, each with their own private garages and courtyards.



Townhouse development Robinson in Hawthorn's Scotch Hill precinct nears completion

<html><body>
Rothelowman, one of Australia’s leading architecture practices, has collaborated with developer Dahua Group and landscape architect Jack Merlo for Dahua's $300m Hawthorn Park development in Hawthorn East.

We recently spoke to Frances Hall, senior associate at Rothelowman, about the design principles of Hawthorn Park, where their inspiration came from and what were the biggest challenges of the project.

JR: What was Dahua Group’s design brief for Hawthorn Park?

FH: Dahua Group wanted a sense of community and tranquillity in a common garden setting as a transition from the hustle/bustle of Camberwell road. They also wanted a “jewel in the crown” as a gateway signifying element. This was realised with the transparent lap pool suspended between two buildings 18m in the air, the first of its kind in Australia.

[smartcode_project:default project_id=3730]

JR: Where did you draw inspiration from for the design?

FH: The buildings were sited to respond to the local context and create a public park linking Camberwell Rd and Burwood Rd.  The building forms were influenced by cascading tea terraces stepping into a sunken garden.  This was contrasted with solid podiums addressing the street interfaces which were inspired by boulders in the landscape.  All of the colours inside and outside were influenced by tones found in nature.  Hence the name Hawthorn Park.

JR: What part of the design are you most proud of/excited to see upon completion?

FH: We are most excited about delivering the pool bridge as it is testament to our collaboration with the contractor Hickory Group and the consultant team, to realise a design which resolves many complex requirements.  This includes structural stability and weight, services reticulation, pool maintenance, allowance for movement, acoustics, waterproofing, building code compliance – all whilst maximising transparency and reflectivity in the appearance of the bridge.

<a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east"><img alt="" height="829" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hawthorn_park_sky_pool_gardens.jpg" width="580"></a>

JR: Was there anything you tested in the design principles that were different to any other projects?

FH: We had not done a bridge linking two buildings with a pool, so this was a first in terms of the design and how it would be resolved.  (More on that below).

We developed our knowledge with the sunken garden which was not dissimilar to other projects but came with its own challenges on this site.  We tested the idea of immersion in the landscape as you descend the stairs into the public sunken garden, flanked by high rusted walls as if carved out of rock, to direct views to the garden.

JR: How do you collaborate with the landscape architect, in this case Jack Merlo, to make sure the landscaping designs are in keeping with the building designs?

FH: We met with Jack Merlo and the landscape team throughout the process from concept design through to construction documentation, to resolve details and ensure consistency between the architecture and the landscape design.  Jack was both creative and practical working towards the common vision.

JR: What was the most difficult part of the planning process?

FH: We always work collaboratively with all stakeholders including Council Officers. Contour Town Planning consultants were critical in managing the complex requirements of neighbours, council officers, Councilors and client expectations. Thankfully all parties contributed positively to the developed design keeping the approval process out of VCAT. A credit to all those who contributed to the process. We commend the Boroondara council and their team for their contribution and belief in the design and for their positive and proactive approach to this project.

<a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east"><img alt="" height="707" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hawthorn_park_urban_1200.jpg" width="1200"></a>

JR: Talk us through the thinking of the special swimming pool deck!

FH: The Pool Bridge serves as both a link between buildings and a recreational space that creates the entry signature to Hawthorn Park.

The intention was to create a counterpoint to the curvaceous building form that complemented the composition but was also a visual challenge that presents the unexpected.

The pool level itself consists not only the 25m lap pool and deck but a separate family pool and sun lounging areas with cabanas for a resort feel.  There is also an internal function space for the residents use that opens to an outdoor bbq space and a communal kitchen garden.

The windows in the bridge floor and the sides are acrylic, which is structurally stable to hold the water whilst allowing views through to the 18m drop to ground.  The stainless steel cladding has a mirror effect (light on the street side and black on the garden side) which enhances the reflections of the water and the sense of a floating object in the sky.

Technically it was a challenge that was met by Rincovitch Structural Engineers, ADP Services Engineers and Commercial Pool Consulting / Aloha Pools including structural products designed and built in Italy.

As with all projects of note, design outcomes need the backing of clients with vision. Dahua embraced the opportunity and created an architecture that talked to context, created a spectacular internal environment and was brave with its innovation.
</body></html>

We recently spoke to Frances Hall, senior associate at Rothelowman, about the design principles of Hawthorn Park.



Rothelowman discuss the design principles of Dahua Group's Hawthorn Park apartment project

<html><body>
The iconic 1890s Victorian tower residence, Glucksberg, has sold for $5,250,000, its asking price.
It last sold in 2006 at $2,265,000 when bought by the Watson family. 
Previous owners include the Shelmerdine family.
Set in Hawthorn's iconic quiet, leafy streets, the five-bedroom and three-bathroom home featured an outdoor entertaining area, pool and lush gardens. 
<img src="https://www.urban.com.au/images/2020/4/30/Glucker.JPG" alt="">
The Yarra Street property was originally designed by John Beswicke, known as "Hawthorn's architect", who created some of the suburb's most famous buildings, including the Town Hall. 
The renovated home sustained period details of arched hallway, marble fireplaces and stained glass windows in a modern and contemporary space. 
The home was sold by Kay &amp; Burton's Michael Armstrong and Sam Wilkinson after three weeks marketing. 
</body></html>

jchancellor-FAypfDUnLy

Glucksberg, Yarra Street, Hawthorn trophy home sold

<html><body><div class="page" title="Page 1">
<div class="section">
<div class="layoutArea">
<div class="column">
A shop in the Hawthorn Lido Cinemas complex, Victoria has been leased.
Hungarian patisserie Kurtosh, the Sydney-based eatery, has leased the 112 sqm space within the Lido Cinemas complex on Hawthorn’s Glenferrie Road.
Fitzroys Associate Director Chris James negotiated the lease at $85,000 per annum net.
He said the straight 10-year lease signed by Kurtosh highlighted the faith retailers have in the area, and in the cinema complex’s positioning on the popular shopping strip.
Kurtosh is known for its kürtőskalács - spiral Hungarian pastries also known as chimney cakes, and a range of other cakes and pastries.
The patisserie has just opened its fourth Sydney location at the new Darling Square precinct in Haymarket.
Kurtosh will join Axil Coffee Roasters, Huxtaburger, frozen yoghurt group Yo-Chi and and Venetian bar and restaurant Vaporetto within the building.
</div>
</div>
</div>
</div></body></html>

j.ballantyne1990-6AQqhLzZaK

Hawthorn Lido Cinemas retail space leased to Hungarian patisserie

<html><body>
The 1900's era trophy home Quamby in Hawthorn's exclusive Grace Park Estate has sold at auction.
Last sold for $410,000 in 1994, the house has/had been offered for sale on and off since 2017 seeking around $4.5 million - $5 million.
It was unsuccessful at auction in 2017 but this time around with a price guide of $4.2 million - $4.5 million the resdence sold for $4,545,000
Situated at <a href="https://www.realestate.com.au/property-house-vic-hawthorn-132036874" target="_blank">58 Mary Street</a>, the four bedroom three bathroom home sits on a 780 sqm block.
<img src="https://www.urban.com.au/images/2019/10/18/Hawthorn%20Trophy%202.JPG" alt="">
The listing describes the home as "reminiscent of a French country homestead."
A tessellated return veranda envelopes the home, overlooking gardens and a salt-water pool.
Scott Patterso and Sam Wilkinson of Kay &amp; Burton marketed the home in this latest auction campaign.
</body></html>

Hawthorn's circa 1900's Quamby sold at auction

<html><body>
There are certainly opportunities in the current 2019 market to pay less than the last price.
But is there really such a thing as buying a bargain when it comes to property? And where are they?
This series of articles looks are specific examples of sale price or asking price falling. 
We take a look at where and if possible why this is happening.  
We came across this property for consideration.
<img class="size-full wp-image-488233" src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/06/24070101/capi_59ceac5b4ce2459660fd073c5ab81358_78dab1edf43fe3f72f94e3f6cf110f95.jpeg" alt="" data-capiid="78dab1edf43fe3f72f94e3f6cf110f95">
A two million dollar discount is on offer for high-profile sport and entertainment manager Ralph Carr’s luxury Hawthorn home.
The grand home at <a href="https://www.realestate.com.au/property-house-vic-hawthorn-130923986">26 Shakespeare Grove</a> was originally listed for $12 million to $13.2 million but the price guide has now been adjusted to $10 million to $11 million.
Abercromby’s director Jock Langley said the initial expressions of interest campaign did not reach a level that would satisfy vendor expectations.
“We have realigned the assessment of value to reflect where we are confident there is buyer interest,” Mr Langley said.
The Victorian mansion is now going to private auction on August 10.
Carr paid $7.55 million for the sprawling 1,318 sqm property in 2013.
<img class="size-full wp-image-488232" src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/06/24070056/capi_59ceac5b4ce2459660fd073c5ab81358_1bea73a44a309eec0b29246b1f43c47f.jpeg" alt="" data-capiid="1bea73a44a309eec0b29246b1f43c47f">
It is up to you to determine if the offering is a truly beneficial bargain.
Remember buying at the bottom of the cycle is fraught – as you can't really precisely pick the bottom nor know just how long until you see some price growth.
Be aware you could be buying a poor quality property in an area with ongoing issues of oversupply of stock.
The oversupply could be also putting downward pressure on rents.
Other price declines could be because the vendor needs a quick sale or paid way over the top on its last purchase chase.
Property Observer suggests property purchasing really does need to be a very well considered proposition with a long term mindset.
 
</body></html>

Bargain property in Hawthorn? Two million dollar discount on luxury home

<html><body>
Zetland, an intact Hawthorn home that dates back to its design by architect William J. Ellis in the 1870s, has been sold.
In need of a full scale renovation, it reportedly fetched between $3.4 million and $3.7 million, which was its price guidance. 
It was bought by a local family with four bidders at its private auction.
Set under a slate roof, Zetland is a Victorian villa that contributed to the standing of Hawthorn's river-side precinct.
<a href="https://www.realestate.com.au/property-house-vic-hawthorn-130958986" target="_blank">The Yarra Street home </a>was an early sign of the affluent housing push which consolidated Hawthorn as a most desirable garden suburb.
<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/2019/5/29/hawt%202.jpg" alt="">
Zetland was heritage listed on the Victorian Heritage Register in 1980 and on the national register in 1991.
The 1870s were a busy time for Ellis, who was putting the finishes to the Fitzroy Town Hall tower.
There were also alterations for Studley House, Kew for James McEvoy, the Riverina squatter.
<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/2019/5/29/hawt%203.jpg" alt="">
Ellis, who was also working for brewer Edward Latham on the Carlton brewery site, ran a successful architectural practice until the 1880s, concluding with the design of the Italianiate Queenscliff hotel, Ozone formerly known as Baillieu House, and Manresa, the Catholic presbytery at the Church of Immaculate Conception on Burwood Road, Hawthorn.
He also designed Bankside, the home next door to Zetland, which last sold in 2005 at $1.76 million. It had an $900,000 renovation approved in 2012.
Zetland, that sits on 980 square metres, comes with rare seven-arch arcaded ornamental ironwork verandah and balustrading.
Its seven rooms, including four bedrooms, come with all its period features, including wide arched hallway, marble open fireplaces, timber floors and even the servants bells.
At the rear of the property is the original Hawthorn brick stable which has been converted to a garage.
The Yarra Street subdivision, one of the earliest streets in Hawthorn, saw two adjoining allotments pass from the subdivision entrepreneur George Coppin to police detective Charles Black, who commissioned two similar houses.
It was the Lerwick, Shetland Island-born accountant John Robertson who bought the home in 1876 following Black's death and named it Zetland. He and wife, Robina had eight children. 
Zetland, which was then valued at 60 pounds on completion, remained in the Robertson name until 1914, when it was valued at 66 pounds. It had peaked at 95 pounds in the late 1880s before the depression.
Elberfeld, another early Victorian villa, secured an award in the 2018 Boroondara Urban Design Awards. 
Located on Lisson Grove, architect Jane Riddell redesigned the 1876 home for her client with a rear floating pavilion to sit in John Patrick landscaped gardens with a low-maintenance Japanese aesthetic.
The council records showed the renovations were costed at $1.3 million after its $3.1 million purchase in 2014.
Its names reflected the Püttmann family's German origins.
</body></html>

1870s heritage Hawthorn home Zetland sold

<html><body>
The high profile sport and entertainment manager Ralph Carr is selling his Hawthorn home on the dress circle Shakespeare Grove.
Abercromby's agent Jock Langley and Simon Curtain have a $12 million to $13.2 million guide. 
Carr, who manages the likes of Richmond's AFL star Dustin Martin, paid $7.55 million for the Victorian home in the St James Park Estate subdivision in 2013.
When Martin signed an $8 million deal with the Tigers in 2017, The Footy Show filmed ­Martin playing billiards at the home.
Carr has renovated the 1890s, five bedroom home during his ownership.
It once belonged to Clinton Casey, the former Richmond president.
It has 12 rooms, including a formal dining space, media room with marble wet bar, library and a stately billiard room off the imposing arched reception hall entry.
The home sits in 1,320 square metres of landscaped gardens that feature a pool, spa and a pool house.
This article was first published in the Weekend Australian.
</body></html>

Hawthorn

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Hawthorn

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News