Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Joel Robinson

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

When the opportunity arose for South Australian developer Palumbo to return to Kent Town, where it had previously delivered East Park Apartments and the East 
Rundle Apartments, it wasn't one the longstanding developer-builder was going to pass up.

The decision was quickly vindicated, with more than 30 apartments sold within the first month of launching <a href="https://www.apartments.com.au/new-apartments/royal-apartments-kent-town-2-8-north-terrace-kent-town-sa-5067">Royal Apartments</a> to the market.

The 206-apartment development, which will bring significant new supply to Adelaide's tightly held eastern city fringe, also gives <a href="https://www.apartments.com.au/developers/palumbo">Palumbo</a> the opportunity to bring new life to one of Kent Town's most recognisable watering holes.

[smartcode_project:default project_id=6109 project_image_fid=376073]

Royal Apartments incorporates the historic Royal Hotel, a venue Palumbo Managing Director Daniel Palumbo said has a longstanding connection with the local community.

"Everyone in the area has history with the Royal Hotel," Palumbo told Apartments.com.au.

"It was quite an active pub and social gathering place for locals. We want to bring it back to its former glory."

[smartcode_project:default project_id=6109 project_image_fid=376072]

The wider development will comprise two residential towers alongside the restored hotel, sitting on North Terrace opposite the Adelaide Park Lands.

For Palumbo, the project also marks a return to familiar territory.

The developer completed East Park Apartments next door more than a decade ago and jumped at the opportunity to develop in Kent Town again when the Royal Hotel site became available.

"The opportunity emerged, and we moved to secure the site," Palumbo said.

"We were approached by the previous landowner, who said they had extensive commitments in Sydney and weren't in a position to deliver the project.

"We took over the site and within six months recut the design scheme to be more in keeping with the type of development we want to bring to Adelaide.

"Now we're on the market and those changes have really resonated with local buyers."

That has translated into a strong start to sales, with 33 apartments transacting in the project's first 35 days.

Palumbo said the early purchaser profile had been consistent with the group's traditional focus on owner-occupiers rather than investor-led apartment stock.

"Local owner-occupiers have always been our market," he said.

"There are always some investors, but we've never developed what would be called traditional development stock. Owner-occupiers are very much our market."

[smartcode_project:default project_id=6109 project_image_fid=376068]

The buyer mix has been diverse so far, with downsizers and younger professionals both accounting for a significant portion of early sales.

South Australia's current stamp duty settings, which allow&nbsp;eligible homeowners in South Australia aged 60 savings of up to $103,830 on stamp duty when they downsize to a new property valued at up to $2 million,&nbsp;have helped encourage downsizer activity, while younger buyers in their late 20s and early 30s have been attracted to the opportunity to live immediately outside the CBD while still being able to walk into the city.



Location has been a major part of the proposition for both buyer cohorts.

[smartcode_project:default project_id=6109 project_image_fid=376075]

Royal Apartments sits on North Terrace directly opposite the Adelaide Park Lands, with residents able to walk through the parklands toward the East End, Rundle Street and Rundle Mall.

Apartments have been positioned to capture views across the parklands, Adelaide skyline, Botanic Gardens and Adelaide Hills.

Palumbo believes the scarcity of developable land along this section of the Park Lands makes the site particularly difficult to replicate.

"There's very few allotments on that side that can be developed," he said.

"If this location was in New York and you were sitting on Central Park, you'd be talking about a $60 million apartments."

Royal Apartments will offer a broad mix of residences, ranging from one-bedroom apartments through to four-bedroom sub-penthouses and penthouses.

Current listings include one-bedroom apartments from $680,000, while larger three and four-bedroom residences are priced around $2.5 million.

Residents will have access to a swimming pool, gym, barbecue and recreation areas, residents' lounge and dining space, and a communal deck.

[smartcode_project:default project_id=6109 project_image_fid=376067]

The apartments will feature generous balconies, while secure parking, bicycle storage and storage cages will also be provided.

A porte-cochère-style arrival and drop-off area has also resonated with buyers, particularly those attracted to being able to walk into the CBD during the day while retaining secure vehicle access at home.

Palumbo is acting as developer, architect and builder on Royal Apartments, continuing the vertically integrated model it has used across its South Australian portfolio.

The group was also behind the $150 million Sofitel Adelaide, the 251-room five-star hotel and residential tower which opened in 2021.

Palumbo said Royal's launch had come at an interesting time for the broader Adelaide apartment market.

Buyer confidence had initially been impacted by uncertainty surrounding the Federal Budget and broader economic conditions, but Palumbo believes sentiment is beginning to improve against a backdrop of significant investment flowing into South Australia.

He pointed to increased activity across defence and resources, including Olympic Dam, as potential long-term drivers of the state's economy and housing market.

"Money is starting to flow into Adeliade, significant amounts as Adelaide bucks the trend of the rest of the country.," Palumbo said.

"There's a lot of activity in the economy over the next decade. I think more investment will come into this market."

Early works on Royal Apartments are expected to commence this year, with major construction activity and cranes anticipated on site from early next year.

[smartcode_project_cta:default project_id=6109]

Palumbo's return to Kent Town strikes early chord with buyers

Go-to builder-developer <a href="https://www.apartments.com.au/developers/graya">GRAYA</a> is continuing to bulk out its already impressive and diverse apartment portfolio across South East Queensland. Their latest milestone is securing development approval for Silk, its boutique riverfront apartment development in St Lucia.

The approval clears&nbsp;the way for the team to begin construction planning for the 22-residence project.

<a href="https://www.apartments.com.au/new-apartments/silk-st-lucia-16-18-sandford-street-st-lucia-qld-4067">Silk</a> will rise 15 levels from an 810 sqm site at 16-18 Sandford Street, occupying a prominent bend of the Brisbane River with a prized northern aspect across Orleigh Park toward the Brisbane CBD.

The approved scheme will comprise 16 split-floor and six full-floor residences, continuing GRAYA's move into larger-format apartment developments targeting Brisbane's prestige owner-occupier market.

The project has been designed around the site's broad river frontage and dual-direction views, with GRAYA prioritising larger residences, privacy and outlook over apartment yield.

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="aa5c2349-f96c-4914-a812-1f2cd6827af8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.44%E2%80%AFAM.png?VersionId=WY0vEU_7vYjeRJKQHiCwFdMxu8PvFh52" />

GRAYA Co-founder and Chief Executive Officer Rob Gray said the project had been shaped around local homeowners wanting to remain in St Lucia without maintaining a traditional family home.

"St Lucia is one of those suburbs people do not want to leave," Gray said.

"They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace.

"True riverfront opportunities here are exceptionally scarce. What we have designed at Silk is a way to stay in the suburb people love, with the scale and privacy of a private home and far less to maintain.

"This is not typical apartment product. It is a proper home on the river, and that is exactly what this market has been missing."

The approval comes as new apartment development continues to increase across the St Lucia and neighbouring Toowong corridor, although direct riverfront sites remain considerably more tightly held.

GRAYA Co-founder and Managing Director Andrew Gray said securing the approval had removed a significant element of development risk from Silk.

"Genuine riverfront sites of this quality in St Lucia are not something that comes up regularly," Gray said.

"The approval removes a substantial layer of execution risk, and the location underwrites demand in a way very few inner-city sites can.

"The fundamentals here are as strong as anything we have assessed in Brisbane."

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="d0f3d734-65e1-48e8-8ed3-2e0715ffcdd9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.56%E2%80%AFAM.png?VersionId=sOLSs_jdHkXLWbBKzRyayf5BfTb2vPsD" />

Silk will see GRAYA return to a stretch of the Brisbane River where it already has recent construction experience. The vertically integrated group recently completed ARC in neighbouring Toowong as builder for developer Spyre, delivering the riverfront project on a constrained site.

GRAYA will take a different role at Silk, controlling the project from design and development through construction and aftercare under its vertically integrated model.

The development will include a gym and resident leisure areas at ground level, integrated with the river's edge.

Silk joins a growing pipeline for GRAYA across Brisbane and the Gold Coast, which includes Enclave, The Gallery, Coral and Ripple.

The developer-builder has also recently lodged plans for its largest project to date, <a href="https://www.apartments.com.au/new-apartments/the-silo-19-chester-street-newstead-qld-4006">The Silo</a>, a proposed <a href="https://www.apartments.com.au/news/qld/graya-buys-frasers-newstead-site-plans-the-silo-between-james-street-and-gasworks-precincts">$700 million mixed-use development</a> in Brisbane's James Street precinct.

Silk is expected to predominantly target local owner-occupiers and prestige buyers seeking a permanent riverfront home in Brisbane's inner west.

Registrations of interest are now open, with further details on the project and construction program to be released as it progresses.

<hr />
<h2>SILK PROJECT FACTS</h2>

Developer-builder: GRAYA

Project: Silk

Location: 16-18 Sandford Street, St Lucia

Apartments: 22

Built form: 15 levels

Site: 810 sqm riverfront holding

Mix: 16 split-floor and six full-floor residences

Status: Development approved

Next step: Construction planning underway

[smartcode_project_cta:default project_id=152168]

GRAYA greenlit for riverfront St Lucia apartment development, Silk

Queensland

<html><body>
The coal baron Nathan Tinkler has relisted his mega-mansion on a four hectare acreage outside Brisbane. 
Rebecca Tinkler bought the property in 2007 for $5.2 million from Brad Sugars. It's among several trophy homes owned by the Tinkler family.
"All serious offers considered," the <a href="https://www.realestate.com.au/property-house-qld-pullenvale-116314759" target="_blank">advertising by First National Bayside agent Peter McDonald</a> says.
It hit the market in May 2013, but withdrawn from marketing around September last year.
Offers have been made at $3 million plus, but not yet at $4 million plus.
The seven-bedroom, five-bathroom Pullenvale home is nestled in the hills 15 kilometres west of Brisbane.
It has a resort-style spa and pool with two waterslides and a poolside bar. 
There is a floodlit champion size tennis court and a private golf green at the front of the four hectare block.
There are also stables and paddocks  for a number of horses.Tinkler has spread his collection of sports memorabilia and Hollywood minutia around the timber-floored house.
Tinkler currently retains homes at Merewether in the Newcastle beachside precinct and his $11.5 million oceanfront mansion on Sapphire Beach, Noorinya. 
Noorinya sits at the top of the list of Nathan Tinkler's private property assets.
The mining magnate smashed the mid north coast record in 2008 when he purchased Noorinya, on a Sapphire Beach headland, for $11.5 million from Microsoft pioneer Jaybe Ammons.
Noorinya, with 1.8 hectares of private headland, comes with lap pool and a secluded beach.
The following year Stockland’s David Pitman and ABN Amro’s Simon Perrott purchased oceanfront properties from developer Barry France on the next headland along at Sapphire Beach.
{qtube vid:=BYSuZ5PkBg8&amp;feature=plcp}
Video source LJ Hooker, 2008 marketing campaign
Video prepared by HTM Digital
Ammons and his wife, Shelly, had spent about $2.75 million on the site amalgamation, including a $1.85 million purchase from the late hospital industry operator Paul Ramsay in 1999. Locals say the family used it regularly during the early years of ownership, but not much recently since the family relocated from their Newcastle base to Singapore.
Tinkler retains his Merewether holding, a two-block 1,587-square-metre amalgamation overlooking Bar and Dixon Park beaches, which cost an $8.8 million total in 2008. It’s been in limbo since a development application for a six-bedroom Rosie Stollery-designed compound overlooking Dixon Park Beach was approved in June 2011.
And there's suggestions there's actually been an off market sale of the Merewether holding, although that will need to first dispense with the March 2014 caveat by the Office of State Revenue before any settlement.
The properties have been mortgaged to New York-based investment bank Jefferies.
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jchancellor-FAypfDUnLy

Nathan Tinkler relists Pullenvale acreage  

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Mary Valley, the Queensland area that saw its Economic Development Strategy launched in July 2012, has seen 48 purchases in the last six weeks and $11.67 million sales over 2014 so far.
Selling properties here has previously been noted as<a href="/news/mary-valley-revival-depends-on-property-sales"> a crucial step for the revival of the Mary Valley area</a>.
In total over 2014, there have been 109 sales in the area, explained Deputy Premier and Minister for State Development, Infrastructure and Planning, Jeff Seeney. This is 50% faster than 2013.
“We hoped to crack a century of sales in the first five months of this year and we achieved this aim. It’s an impressive record given last year 98 sales were made over the entire year,” Seeney said.
“Our government’s Mary Valley revitalisation strategy has provided an affordable opportunity for Queenslanders to enter the housing market, with 48 of the 109 sales made by existing tenants of the properties.”
The average property price purchase was $248,300. Price ranges vary from a vacant piece of land at $71,000 to $590,000 for a large rural site.
In 2012, 13 properties were sold.
“There has also been strong interest in <a href="https://www.maryvalleyproperty.com/" target="_blank">eight properties that have been heavily discounted</a> as they are being offered with tenants on long-term leases,” Seeney said.
“Selling agent Oliver Hume received 15 expressions of interest in the eight properties within two weeks of their release.”
Among the properties currently listed for sale in the Mary Valley is the 30 acre grazing farm at 3435 Mary Valley Road, <a href="/news">Imbil</a> (pictured above).
<a href="https://www.realestateview.com.au/Real-Estate/3435-mary-valley-rd-imbil/Property-Details-buy-residential-7062053" target="_blank">The property has been listed</a> for $450,000 plus through Ron Jeffery of Assest Agents.
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jduke-EHk3XBmHkn

Mary Valley property sales see $11 million of transactions this year

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Queensland’s building and construction industry, including residential, is a state focus and will be outlined in a new blueprint, according to Minister for Housing and Public Works Tim Mander.
The blueprint, ConstructionQ, aims to grow construction as one of the pillars propping up Queensland’s economy.
In order to help push residential construction, they note that they have already scrapped mandatory requirements for rainwater tanks and greenhouse efficient hot water systems in new homes.
They are looking into speeding up approvals even more, and Mander points to the total number of trend dwelling approvals at 64.3% more than January 2012.
“ConstructionQ is about building on those gains and putting in place a vision which will unleash the industry’s full potential and generate benefits for decades to come,” he said, asking industry members to come forward with suggestions.
“Although we’re hosting ConstructionQ, the Government will work with the sector to help deliver the initiative as we want stakeholders in the construction industry to take the lead.”
Master Builders deputy executive director Paul Bidwell said that it’s time to look at the long-term growth of the industry.
“This is a great opportunity to work with the Queensland Government in charting a course for growth and to shape the policy on issues that have a major impact on builders and trade contractors across Queensland,” said Bidwell.
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Boosting Queensland residential construction a state focus

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Mackay is expected to see residential and commercial growth in the CBD area, with Ergon Energy undertaking a multi-million dollar underground cable project for future development.
Energy Minister Mark McArdle said that this was part of the plan to support the region and underpin future development.
The $5 million project, which includes installing a 2.7 kilometre high voltage underground cable from Hume Street to Alfred Street, may be of interest to business and commercial operators looking to move into the area.
“The project will meet the current load and improve the security of supply in the busy CBD area,” said McArdle.
He also pointed to its ability to cater for future residential and commercial development – suggesting that the River Street area would benefit.
A total of $73 million is planned for electricity infrastructure across Mackay, Whitsunday and Moranbah.
Photo courtesy of Wikimedia Commons.
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Mackay planning ahead for commercial and residential growth

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The Danish pension fund Pensionskassernes Administration (PKA) has secured a stake in $60 million worth of Queensland cattle stations.
The stake in around 480,000 hectares, from Blackall to Cunnamulla, is held through the SLM Australia Livestock Fund.
The fund raised $75 million from PKA in 2012 with SLM Partners director Tony Lovell telling the AFR that the SLM fund was still looking to expand.
The market value of the assets managed by PKA across the world was DKK 194 billion (A$38 billion).
The AFR noted SLM Partners kept a low profile as it aggregated its properties.
The Cunnamulla aggregation includes the 43,000ha Padua Park hub purchased for $10 million, sold in part by the Sunshine Coast engineer David Wimhurst. There was also the 49,000 hectare Willacora hub for $9.3 million; the 71,000 hectare Eureka Plains for $7.4 million; the 48,000 hectare Amenda at $11.8 million and the 79,000 hectare Garrawin for $4.3 million.
At Quilpie, SLM put together the 165,000 hectare Colac hub for $6.4 million.
At Blackall it secured the 25,000  hectare Listowel Downs for $11.2 million.
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Danish pension funds take Queensland cattle station stake

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The expatriate Australian billionaire philanthropist Sir Michael Hintze has added the Goondiwindi district property, Boolarwell to his east coast farming portfolio.
The South Tallwood property totalling 7800 hectares cost $9.2 million.
Talwood is 450 kilometres west of Brisbane, between <a href="/news">Goondiwindi</a> and <a href="/news">St George</a>.
Bought from the Turner family, it is a mixed cropping and irrigation farm using precision agriculture technologies.
The grazing farm in the Boonarga district was pioneered by the Gunn family the 1890s.  
It was Sir Michael's first known purchase since last year when <a href="/news/expat-billioniare-sir-michael-hintze-spends-another-3-75-million-on-nsw-rural-empire">he bought</a><a href="/news/expat-billioniare-sir-michael-hintze-spends-another-3-75-million-on-nsw-rural-empire"> a 609 hectare Wee Waa farm</a> in the New England, NSW district. 
But the London-based hedge fund founder who has amassed one of Australia’s fastest-growing farm portfolios, has in recent times appeared to have an elevated interest in Queensland property.
His other recent purchases in Queensland include a $2.35 million acquisition of a 166 hectare sugar cane farm which took his Horseshoe Lagoon holdings to 572 hectares costing $9.3 million.
His Australian freehold acquisitions total around 60,000 hectares since 2007 through his private pension fund, MHPF, which has spent about $135 million on the freehold land along with an estimated $10 million plus on water licence purchases.
Hintze founded CQS Management, a London-based hedge fund with assets of $US11.5 billion, in 1999. The CQS Directional Opportunities Fund has been ranked by Bloomberg at number three on its list of the 100 top-performing hedge funds, returning nearly 36% net of fees last year.
He was raised in Sydney after the family arrived from China as ethnic Russian refugees in 1953. He holds a BSc in Physics and Pure Mathematics and a BEng in Electrical Engineering, both from the University of Sydney. He also holds an MSc in Acoustics from the University of New South Wales, an MBA from Harvard Business School and received a Doctor of Business and an Honoris Causa from the University of New South Wales. 
Prior to beginning his career in finance, he served for three years in the Australian Army as a captain in the Royal Australian Electrical and Mechanical Engineers. The hedge fund chief, who spent 12 years at Goldman Sachs in roles such as head of European emerging markets, left Sydney in 1980 for Salomon Brothers in New York.
In June 2013 he received a knighthood in recognition of his substantial charitable contributions to the arts in the United Kingdom. 
On the weekend's annual Sunday Times Rich List, Sir Michael was given a £1,055 billion net worth, ranked 92nd richest UK resident, up £155 million from 95th place in 2013.
Hintze, whose wealth had been previously estimated by the rival Forbes magazine list  at US$1.6 billion, has said he was not just looking for capital gain from the properties. He says he seeks solid returns on production.
His purchases have been driven by the view that rural land in Australia represents good value in light of the strong global demand for “soft commodities”. 
Hintze's buying spree began when he spent $12.5 million for a Breadalbane, NSW property in July 2007. <a href="https://mhpremiumfarms.com" target="_blank">The Hintze portfolio</a> has been accumulated and managed by Richard Taylor, a director of Growth Farms Australia. 
''I'm not a farmer, but I do the numbers. It's got to make money,'' Hintze once said.
More recently he noted: “I wish the dollar were lower as it would be easier in farming.”
He added Australia was expensive even for dining.
“The days when there was an arbitrage in saying, ‘Don’t worry I’ll buy you a meal when I come to Australia and you buy me one when you come to London.’ It’s gone the other way around,” Hintze quipped.
In March this year Queensland's Valuer-General released 1 October 2013 annual land valuations for properties in the Goondiwindi Regional Council local government area.
They showed Goondiwindi Regional Council area's land values had decreased by 10.5% overall since the last valuation issued in 2012.
"Generally the market for primary production land throughout the local authority has shown a decline, with sales showing large reductions in values primarily throughout the Brigalow Belt and the Traprock country.
"The exception to this trend is the coolibah country associated with the Macintyre and Weir Rivers, the irrigation country along the Macintyre Brook and Dumaresq River, the red soil box country at Talwood and the mixed farming country in the Inglewood district where there has been no change in unimproved value levels."
Feature photo: Stock.
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Expat Rich List billionaire Michael Hintze buys $9.4 million Gooniwindi farm

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The former world motorcycling ace Mick Doohan has sold his Tallebudgera Valley holding which went to auction last August.
<a href="/expert-insights/buying/mick-doohans-tallebudgera-valley-property-passed-in">Passed in on a seller's bid of $1 million</a>, and later listed at $1.375 million, the 65 hectare two-title Tallebudgera Valley property fetched $1.15 million.
It was marketed by John Natoli from McGrath Estate Agents who secured the Gold Coast hinterland sale last month.
Doohan bought in 1996 for $855,000.
The larger lot, at 1332 Tallebudgera Creek Rd, included a two-bedroom caretaker's cottage with workshop.
The smaller lot, at 1368 Tallebudgera Creek Rd, measuring 7,057 square metre vacant land.
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Mick Doohan sells Tallebudgera Valley, Gold Coast hinterland holding

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A Redcliffe mixed-used redevelopment site, with DA approval, has been listed through Ray White Commercial Queensland, coming with 32 residential units and a ground floor retail or office space.
At 11-13 Anzac Avenue, Redcliffe, the 1,646 square metre site is asking for expressions of interest, explained Ray White Commercial Queensland director of sales and marketing, Peter Alexander.
“The site is strategically located directly opposite the new Bluewater Square Shopping Centre Complex which is anchored by a Woolworths in addition to several specialty retail outlets,” said Alexander.
<img src="/images/2014/05/14/redcliffe-may-14-three.jpg" alt="">
The site includes views to Moreton Island, and Alexander notes it is close to the Kippa-Ring Railway Station that looks to be completed in 2016.
Meanwhile, Ray White Special Projects Queensland associate director Matthew Fritzsche said that it is highly sought after in this area, considered an ‘up and comer’ in Queensland.
“The Redcliffe waterfront is a picturesque location overlooking Moreton Bay and the Pier is a drawcard for tourists,” he said of the area.
Expressions of Interest on the site must be made by 4pm May 21.
<img src="/images/2014/05/14/redcliffe-may-14-two.jpg" alt="">
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DA-approved Redcliffe site with 32 residential units listed

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A new 11-unit development has been built for Coopers Plains seniors under a government decision to reduce the burden of larger houses on the elderly.
Queensland Housing Minister Tim Mander said that this development would assist those in three-bedroom plus homes to downsize into more physically and financially appropriate properties.
The development is managed by the 4Walls housing group.
“These tenants were in houses that were too large for their needs and they wanted something more manageable, while we have many needy families waiting for houses with three or more bedrooms to become available,” he said.
“Historically, larger families were occupying the majority of social housing dwellings in Queensland, so most of the state’s housing stock comprises three and four bedroom houses.”
He also noted that a challenge for tenants and the government is the upkeep, with more than 60% of the homes being 20 years old or more. More than 50% of the social housing tenants are individuals, requiring one to two bedroom apartments.
“Now that these senior residents have more suitable accommodation, the larger three-bedroom properties are available for families who have urgent housing needs,” he said.
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Coopers Plains builds Queensland seniors’ homes to encourage social housing downsizing

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Northbrook Corp, which looks to develop Noosa on Weyba, have filed an appeal in the Planning and Environment Court after being refused their development application by two Sunshine Coast Councils who said it did not fit their planning schemes.
The move to court was said to come as “no surprise” to Noosa Council officials and the Friends of Lake Weyba, who are “vigorously anti-development”, according to The Queensland Times.
Co-developer of the project, which sits in both Noosa and Sunshine Coast Council areas, is Mantle.
The developers submitted a 10-page document responding to the refusals.
The <a href="https://www.noosaonweyba.com.au/" target="_blank">official website for Noosa on Weyba</a> notes that they look to provide a range of housing options, parks, cycleways, aged care amenities and access to Lake Weyba. They also said that they would adopt sustainability principles.
A maximum of 50 apartments, and a range of aged care apartments, retiring living cottages, residential lots and townhouses, as well as a kiosk/tea house for the public at the gateway to Noosa National Park, are proposed. Overall, there would be 850 new dwellings.
The development would sit on a 303 hectare landholding. A total of 19% would be developed over the eight year timeline.
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