Brisbane-based builder-developer <a href="https://www.apartments.com.au/developers/bpg-developments">BPG Developments</a> has secured approval for its $250 million Newstead apartment tower.

The building, at <a href="https://www.apartments.com.au/new-apartments/16-22-maud-street-newstead-qld-4006">16-22 Maud Street</a>, will have 103 apartments across the 15-level building which will be crowned with a rooftop wellness facilities.

Residents will range from expansive two-bedroom residences, through to several penthouses on level 15. There will be 1,380 sqm&nbsp;dedicated to wellness-inspired amenities including shaded outdoor dining nooks, a fire pit, barbecue area, sunset lounge, gym, yoga deck, magnesium lap pool, sun deck, a sauna, steam room, and cold plunge pool.

BPG put together the 2,430 sqm super-site combines three separate titles – a vacant warehouse, an electrical &nbsp;wholesaler and an industrial shed, which were acquired in two separate transactions over a 12 month period. &nbsp;

<img alt="BPG Developments secures development approval for $250 million Newstead project" data-entity-type="file" data-entity-uuid="d007d4fb-9c44-4e54-b79e-50b68711ebbd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Final%2012_Podium%20Plaza%20View_r.jpg?VersionId=w6zql5hPjAp3j1..ZTCaYLzN65Ora8Z2" />

BPG was founded by industry veterans Nick Parr and Glen Williams. Parr said the project feels like a "coming home of sorts" for the pair, as they've both spent&nbsp;both spent the majority of their lives living in Brisbane's inner north. &nbsp;

“I lived just up the road in Teneriffe for most of my childhood," Parr said.

"We saw this site as an opportunity to deliver a timeless project in arguably Brisbane’s most popular suburb, where &nbsp;the standard for luxury design and amenities is incredibly high."

Parr believes Brisbane is in a bit of a "sweet spot" currently, in that&nbsp;construction prices have stabilised and demand has continued to climb which means the market is tightening up.&nbsp;

“The Brisbane market is unique in that there is no shortage of sites with existing development approvals, the issue is around the availability of builders who can deliver such projects. We are one of the few builder-developers who can build our own projects at scale &nbsp;so we are able to move quickly into delivery mode which gives confidence to our purchasers.” &nbsp;

Williams said they are proud of the project both&nbsp;in the sense of the significance of the site, but also in the quality and timelessness of the design. &nbsp;

“At BPG Projects we are conscious to prioritise quality over volume, so we tend to &nbsp;approach one project at a time," Williams said.

“For us we are motivated by creating a lasting legacy in our projects, so working with Plus &nbsp;Architecture to realise this vision has been a rewarding journey.” &nbsp;

BPG has appointed MOTIV to handle the sales and marketing of the new tower, which is expected to launch early next year. MOTIV Founder Carly Cottam said the project epitomises everything Newstead is about.

"Newstead is a huge success story in the revitalisation of Brisbane, and as a result it’s now one of the most popular inner suburbs, characterised by its exceptional urban design and wellness-driven lifestyle," Cottam said.

“We know this market values flexibility in floorplates, abundant storage and really liveable &nbsp;kitchens and interiors. That’s why designing an entire building around the owner occupier market with 100 &nbsp;percent of the floorplates representing two or three-bedroom residences mean this project is primed to appeal to the right audience.” &nbsp;

BPG completed Sable Palm Beach on the Gold Coast in 2019, and has plans for more developments in the suburb, as part of their $500 million development pipeline.

Joel Robinson

BPG Developments secures development approval for $250 million Newstead project

With three projects currently in market in Elizabeth Bay and Mosman, two of which are under construction and completing next year, apartment developer Toohey Miller is expanding its new development pipeline across Sydney.

<a href="https://www.apartments.com.au/developers/toohey-miller">Toohey Miller</a>, led by Nick Couloumbis, has filed plans for <a href="https://www.apartments.com.au/new-apartments/oxford160-160-oxford-street-paddington-nsw-2021">Oxford160</a>, 44 new apartments across a nine-storey building on Oxford Street in Paddington. It will have 12 apartment designated as affordable housing as per the Housing SEPP 2021 mid-rise reforms which trigger increased height limits, and street-level retail spaces.

The vision for the project is to create a "welcoming and family-friendly place to live with a mix of quality and affordable homes to support the Paddington community at different life stages."

Designs prepared by Smart Design Studio outline a contemporary, articulated streetwall along Oxford Street, stepping back at the upper levels to mitigate bulk and improve visual integration with the local character. A new laneway will improve pedestrian connectivity to Shadforth Street, while communal open spaces are integrated at both ground and rooftop levels.

<img alt="Oxford160" data-entity-type="file" data-entity-uuid="0d6e77ed-8c25-4c52-a82d-dd076c66c777" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-01%20at%209.52.46%E2%80%AFAM.png?VersionId=hjYcxIWIDOn7JWeom6RzIz7MWc1VG6HF" />

According to the Urban Design Supporting Letter prepared by architect and urban designer Matthew Pullinger, the new scheme “represents a contextually sensitive, responsive and high quality renewal of the site and the broader urban landscape”.

Pullinger said there are a range of benefits to the project, namely its contribution to the renewal of "this part of Oxford Street as a distinctive higher density urban high street and a defining element of greater Sydney’s urban character, thereby enhancing the vitality and liveability of this important street."

The new building will replace&nbsp;a dated 1960s-era apartment block which has 27 studio apartments.&nbsp;Design documents note that the current structure detracts from the character of Oxford Street, with the proposal seeking to restore and enhance the continuity of active shopfronts along the northern edge of the street.

The last project to launch on Oxford Street sold out immediately. It was fashion legend Robby Ingham's The Cambrian, which sold all of its 15 apartments in the first five hours of its weekend launch in 2023 through Ben Stewart.

Toohey Miller plans rare new apartment development on Oxford Street, Paddington 

<a href="https://www.apartments.com.au/developers/geocon-group">Geocon</a>&nbsp;is advancing its plans for its new&nbsp;mixed-use precinct in Braddon, updated the designs for the prominent site at the intersection of Northbourne and Wakefield Avenues.

The Canberra-based developer is proposing 558 apartments and seven commercial tenancies across four buildings under a staged application first lodged in 2023. The project also includes four levels of basement parking, communal spaces, pedestrian links, and landscaping enhancements.

While the development’s scale remains consistent, the current amendment introduces extensive changes to apartment layouts, building envelopes, façade articulation, and basement design.

According to the Design Statement by <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a>, these adjustments were driven by two core objectives: “enhancing apartment and common area amenity” and “ensuring acknowledgement of the housing design guidelines, entity advice, and planning expectations, while retaining the integrity of the original architectural concept”.

<img alt="Northbourne and Wakefield Avenues" data-entity-type="file" data-entity-uuid="066194ad-d73f-49b7-8e39-09e20690a7ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202.png?VersionId=I7eLnim8erdwd2Yu1N5sIcLSndeOK_TC" />

The revised apartment mix has been rebalanced to increase diversity and affordability, including a broader range of unit sizes and a higher proportion of three-bedroom dwellings. The updated design also removes problematic layouts, such as “snorkel” bedrooms and internalised studies, to improve liveability and natural light access.

Cox Architecture noted that “studios and smaller one-beds provide entry-level housing and broaden affordability,” while the number of family-sized three-bed apartments has been increased “in direct response to market demand and policy objectives”.

The circulation spaces within the towers have been redesigned to improve wayfinding and daylight penetration, while the ground floor layout has been reworked to create clearer and more visible entry points, particularly from Northbourne Avenue.

Refinements to the building’s massing and façades have also been introduced in response to planning feedback, with additional breaks and articulation to reduce perceived bulk. “Rooftop plant and lift overruns have been integrated and screened, resolving visibility concerns,” COX stated.

Basement levels have been consolidated and made more efficient, with improvements to bike and storage facilities.

<img alt="Northbourne and Wakefield Avenues" data-entity-type="file" data-entity-uuid="a1ab9357-707d-46fd-95d7-d6e09c70f20b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%203.png?VersionId=crDXvrmDsGqFGcb_p6NSUlsr0vYsRacq" />

The precinct’s pedestrian connections have been clarified, and the public realm has been restructured to improve permeability and align with the broader Northbourne corridor urban design framework. Landscaping updates include increased deep soil zones and rooftop communal areas, with tree management to be addressed separately.

Geocon acquired the 10,633 sqm site earlier in 2023 following approval of a prior build-to-rent scheme by Evri Group. The existing nine-storey commercial building was demolished in 2022.

The current proposal, designed by Cox Architecture, is positioned as a key contributor to the ACT Government’s urban renewal vision for Northbourne Avenue, an established transport and development spine served by light rail and major arterial roads.

First look: Geocon refines plans for four-tower precinct on Braddon's Northbourne Avenue

The booming Bilinga beachfront is set for another luxury apartment development, with plans filed for KYRR, an 11-level block on the dress circle Pacific Parade.

<a href="https://www.apartments.com.au/new-apartments/kyrr-70-pacific-parade-bilinga-qld-4225">KYRR</a>, on the corner of Pacific Parade and Archer Street, will comprise 24 apartment on its prime 1,009 sqm site. There had previously been plans for a much more boutique seven-storey, five-unit scheme.

Plans have been pitched by CHM Living, an entity associated with James Quinert, the founder of Norwood Constructions which is based in Melbourne.

<img alt="70 Pacific Parade and 1 Archer Street" data-entity-type="file" data-entity-uuid="2f6159ee-3511-4b16-b9fa-ae8c008b8faf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_5.png?VersionId=4n2YaBQdjXcshUAkxX8ei9X5N0v2AWqB" />

Designed by <a href="https://www.apartments.com.au/architects/byculprit">ByCulprit Architects</a>, the project includes a sculptural façade with soft curves and natural finishes, inspired by the rhythm and calm of the nearby Pacific Ocean.

According to the Town Planning Report by Town Planning Alliance, the project aspires to reflect the intent of the Medium Density Residential zone, aiming to "contribute to the city’s iconic skyline along the coastal spine" with a high degree of architectural modulation and landscaping that softens the built form.

There will be 22 large-scale three-bedroom apartments and two five-bedroom penthouses. The wellness amenities, including a gym, steam room, sauna, pool, golf simulator, and cold plunge, will sit on level one.

Kyrr will follow in the footsteps of <a href="https://www.apartments.com.au/buildings/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">PIPIS</a> in Bilinga by SIERA, which is all but sold out with just one of its luxury 19 apartments left to sell. The building set suburb records, with the penthouses both selling for over $8 million. Down the road is Bilinga House, which has a wider mix of configurations and price points starting from just over $1.2 million.

First look: Bilinga beachfront set for new luxury apartment development, KYRR

<a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a> has received development approval for Archer &amp; Albert, a 32-storey, mixed-use residential development in the heart of Chatswood.

Located at 57–61 Archer Street and 34 Albert Avenue, <a href="https://www.apartments.com.au/new-apartments/archer-albert-chatswood-57-61-archer-street-chatswood-nsw-2067">Archer &amp; Albert</a> will deliver 150 new homes, including affordable housing, alongside ground-floor and podium retail, commercial space, a heritage house activated as a café, additional ground-level activation, and a landscaped publicly accessible park designed for community use.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/archer-albert-chatswood-57-61-archer-street-chatswood-nsw-2067">Archer &amp; Albert</a> is one of the few large-scale residential developments in the heart of Chatswood City to progress through a council-led architectural design competition and secure development approval, positioning it at the forefront of design led housing.&nbsp;

<img alt="Archer" data-entity-type="file" data-entity-uuid="33cb754a-1493-4203-bd16-096d320597f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%2BA_C03_EXT_StreetScape_ID1.jpg?VersionId=oLUPFVAMxuRUTH1Bwki16R48cEo.vLeB" />

Designed by global architecture practice <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, long-term collaborators of the Coronation team, the project draws inspiration from the Sydney Blue Gum High Forest and the leafy character of the South Chatswood Heritage Conservation Area. The design integrates a restored heritage-listed home and establishes a landscaped connection between Chatswood’s urban centre and its surrounding residential neighbourhoods.&nbsp;

“This is an important project for us and our first entry into the North Shore,” said Joe Nahas, Managing Director of &nbsp;Coronation Property.&nbsp;

“We are deliberate about where we invest and build, <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a> stands out because the fundamentals are already strong. Transport, employment, education, retail and health are all in place. Archer &amp; Albert is about adding new housing into a centre that already works and building on what exists.”&nbsp;

<img alt="Chatswood" data-entity-type="file" data-entity-uuid="620fcd78-00be-489b-823a-ca353387b91b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A%2BA_C04_EXT_PARK_HA_ID2.jpg?VersionId=NxSl04Zl1rzt94xlXNA6CNzSR9XMyLgP" />

Aras Labutis, Head of Urban Transformation at <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>, said the project reflects a disciplined, collaborative approach to city shaping.&nbsp;

“Chatswood sits at an important junction between high-density commercial activity and established residential &nbsp;neighbourhoods," Labutis said.

"Our focus for Archer &amp; Albert was to manage that transition carefully, respecting what’s already there &nbsp;while contributing something new that feels deliberate and enduring."

The approved scheme delivers:&nbsp;

<ul>
	<li>A 32-storey mixed-use tower comprising 150 homes, including 41 affordable housing dwellings • 530sqm of ground-floor retail, dining and commercial offerings&nbsp;</li>
	<li>A 760sqm wellness tenancy integrated within the podium&nbsp;</li>
	<li>A restored heritage building, thoughtfully reimagined as a café overlooking the park&nbsp;</li>
	<li>A landscaped public park, designed as a calm green retreat in the heart of Chatswood&nbsp;</li>
	<li>Resident amenities include a premium gym, golf simulator, mahjong room, dedicated wellness areas, private &nbsp;dining facilities and a curated wine room&nbsp;</li>
	<li>Deep private balconies designed to capture outlooks and northern light&nbsp;</li>
	<li>A refined material palette of natural stone, timber and terracotta&nbsp;</li>
</ul>

[smartcode_project_cta:default project_id=29796]

Coronation receives green light for Archer & Albert apartments in Chatswood

Reservoir

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Reservoir Townhouses combine contemporary design over single level, attracting downsizers, first home buyers, and investors.

Single level boutique townhouses designed with lifestyle in mind, combining large open space, European kitchen appliances timber floors, stone benchtops, air conditioning/heating and large private gardens.

<figure><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/42-kirby-street-reservoir-f4676680222e36fd1674a32a13688fbc.jpg?itok=moNQAr1A" style="width: 580px; height: 290px;"></figure>You’ll find Reservoir just above Preston, echoing that northern charm of an established suburb with a multicultural, family vibe while still being close enough to town. You can enjoy a dynamic multicultural lifestyle in Reservoir, with various types of restaurant, bustling markets, expansive public gardens and riverside bike paths, all within view of the city.

Edwardes Street and Broadway have an amazing array of cafes, European delis and old school bakeries such as Sargent's Bakery established in the 1950's. Close proximity to Summerhill and Northland Shopping Centre providing over 400 retail stores to accommodate every shoppers needs.

<figure><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/42-kirby-street-reservoir-f5ce7403838848a2d31fafca77f5c959.jpg?itok=S9f29EOo" style="width: 580px; height: 580px;"></figure>Reservoir is also home to some great private and public schools including Reservoir High School, Parade Secondary College and Preston North East Primary. For those looking for a higher education La Trobe University is less than 3 km from Reservoir Residences and easily accessible via car or public transport. RMIT Bundoora Campus is also less than 10 minutes drive away.

<ul>
<li>Completed and ready to move in.</li>
	<li>Located within walking distance to parks and shops.</li>
	<li>Family friendly community of Reservoir.</li>
</ul>
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urban.com.au

Single level boutique townhouses designed with lifestyle in mind, 42 Kirby Reservoir

A boutique collection of 12 townhouses in the heart of Reservoir is catering to families, with extensive native landscapes and an established family-oriented community.

Ramley Residence, delivered by Monolith Projects, showcases contemporary and sophisticated design that blends into the natural surrounds of one of Reservoir&rsquo;s parklands pockets.

The vibrant community is underpinned by outstanding proximity to infrastructure and amenities.

[smartcode_project:default project_id=27801 project_image_fid=75022]

Full of large green spaces, the home is close to trails and reserves including Edwards Lake, Darebin Creek Trail and Bundoora Park, perfect for a barbeque and capturing city views from the top of Mount Cooper.

Spoilt by this abundance of parklands, Reservoir is home to an active community enjoying lifestyle offerings, shopping and dining, and a major health and medical precinct.

The three-bedroom, two-bathroom homes, which begin from $638,000, are carefully crafted to deliver refined and luxurious residences.

[smartcode_project:default project_id=27801 project_image_fid=75025]

Celebrating contemporary living, the refined homes boast intelligent floorplans, seamless outdoor connections, and abundant light.

Residents can enjoy and a bespoke living experience thanks to chic designer kitchens, private gardens and open-plan living spaces.

[smartcode_project:default project_id=27801 project_image_fid=75024]

Each home is introduced by an inviting separate lounge and is equipped with European appliances, timber highlights and entertaining areas.

Finely articulated through softly muted tones and finishes, which are inspired by nature, bring serenity into the multi-living homes and reference back to the natural landscapes of Reservoir.

The homes let families and upsizers escape the hustle and bustle of inner-city life with an abundance of community spaces available to promote an active and connected lifestyle.

[smartcode_project:default project_id=27801 project_image_fid=75021]

Melbourne&rsquo;s most diverse park, Bundoora Park, delivers over 180-hectares to unwind with family and friends; it is home to a popular children&rsquo;s farm, much-loved playgrounds and barbeque areas for family gatherings.

Nearby a selection of quality government schools and Catholic schools, Reservoir is rich in choices of education for your children &ndash; from early learning through to university.

[smartcode_project:default project_id=27801 project_image_fid=75020]

The suburb is serviced by the Mernda train line and boasts four train stations of its own. The main hub, Reservoir Station, has recently undergone a sky rail transformation.

Ramley Residence is expected to reach completion later this year.

[smartcode_project_cta: project_id=27801]

Full of large green spaces, the home is close to trails and reserves including Edwards Lake, Darebin Creek Trail and Bundoora Park 

max.kwok_55688

Reservoir townhouse development Ramley Residences set in the heart of nature

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A first home buyer has paid $691,000 sight unseen for a Reservoir home in one of the last online auctions to take place before Stage Four restrictions came into effect in Melbourne. The three-bedroom, one-bathroom home at <a href="https://ecomms.raywhite.com/collect/click.aspx?u=aWtvbmtzQ3B5UC9uRHJOaVpZTlZPcU9ibGI3SFF5YjFLOXBFSGJjMjExRjVnbXgzV0d5ZEFLY052ZjRoMERUckJkYjVvaWx4WmxPbUN5bGdSNXBzWmhZWTFndnFOQ3hkN29hNEYvdU52eVBVenFNUENrWHAxcHg4K0ExMXNPMGFjWkl4TVVveFB0RXNBS1Vza1MzZFBVdWRpY3hUMHZ6blQwTmtLbVdEa29BPQ==&amp;rh=ff0066cd4c8712023019a04a7f48b1c6184bc3d0" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">1091 High Street</a> was successfully sold under the hammer by Ray White Reservoir Senior Sales Agents Matthew Clark and Keb Nguyen.
“The property only went online last Tuesday (28 July) and over the course of the last seven days we had 12 physical inspections and an unmeasurable amount of online inspections,” Mr Clark said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/10/Ray%20White%20Reservoir%20Senior%20Sales%20Agent%20Matthew%20Clark%20-%20left%20-%20and%20vendor%20of%201091%20High%20Street%20in%20Reservoir%20Chloe%20-%20right.jpg" alt=""> “The purchaser is a first home buyer who never physically inspected the home, only viewing through the online inspection process, photos and video."
“We know the online auction process works for our vendors, so we’ll continue to go through the online inspection and online auction process as long as needed"
“The auction itself attracted 22 people online and five registered bidders, two of whom were active, and they actively competed before the hammer fell at $691,000 – the vendor is delighted.”
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j.ballantyne1990-6AQqhLzZaK

Reservoir home bought unseen via online auction

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The Melbourne suburb of Reservoir is host to the highest volume of auctions this weekend, with 23 homes set to go under the hammer, according to CoreLogic.
Next busiest is Mount Waverley, also in Melbourne, with 19 scheduled auctions.
This week, the number of auctions scheduled to take place across the combined capital cities is expected to fall, with 2,369 currently being tracked by CoreLogic, decreasing from the 2,590 auctions held last week at final results.
Over the same week, last year a higher 2,701 auctions took place across the capital cities.
Both Melbourne and Sydney are expected to see a decrease in activity this week, with 1,100 homes scheduled for auction across Melbourne, while Sydney is set to host 886 auctions, increasing on the 1242 and 947 auctions held last week respectively.
Within the smaller auction markets volumes like Brisbane and Canberra, auction volumes increase week-on-week, while Adelaide, Perth and Tasmania will see fewer auctions.
<img src="https://www.urban.com.au/images/2019/11/22/Auction%20Clearance%20NOV%2022.JPG" alt="">
The dearest home being auctioned off in Reservoir this week, according to RealEstate.com.au is <a href="https://www.realestate.com.au/property-house-vic-reservoir-132323006" target="_blank">5 Frier Avenue</a> (pictured is title).
The three bedroom, one bathroom house is being takent to auction with a price guide of $950,000 - $1,045,000.
It is described in the listing as a "classic Californian with unrivalled Oakhill prestige... with plenty of room to expand (STCA)."
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Reservoir is set to be the busiest auction suburb this weekend

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The Melbourne suburb of Reservoir is host to the highest volume of auctions this weekend, with 12 homes set to go under the hammer, according to CoreLogic.
Next busiest are Brunswick, Craigieburn and Glen Waverley, also in Melbourne, with 9 scheduled auctions each.
This week, the number of auctions scheduled to take place across the combined capital cities is expected to rise, with 1,012 currently being tracked by CoreLogic, increasing from the 896 auctions held last week at final results.
Over the same week, last year a much higher 1,5936 auctions took place across the capital cities.
Both Melbourne and Sydney are expected to see an increase in activity this week, with 480 homes scheduled for auction across Melbourne, while Sydney is set to host 366 auctions, increasing on the 410 and 303 auctions held last week respectively.
Within the smaller auction markets volumes are set to be higher across Adelaide, unchanged in Canberra and lower across Brisbane, Perth and Tasmania over the week.
<img src="https://www.urban.com.au/images/2019/7/25/Reservoir%20Auctions%20-%20July%2025%20-%201.JPG" alt="">
The busy auction weekend in Reservoir sees <a href="https://www.realestate.com.au/property-house-vic-reservoir-131486362" target="_blank">6 Ida Court</a> (pictured in title) offered.
The property going under the hammer is a three bedroom, one bathroom house with a price guide of $650,000 - $710,000.
<img src="https://www.urban.com.au/images/2019/7/25/Reservoir%20Auctions%20-%20July%2025%20-%203.JPG" alt="">
Another example of the breadth of auctions taking place in Reservoir is <a href="https://www.realestate.com.au/property-townhouse-vic-reservoir-131468426" target="_blank">4/71 Summerhill Road</a> (pictured above).
The property going under the hammer is a two bedroom, one bathroom townhouse with a price guide of $450,000 - $495,000.
<img src="https://www.urban.com.au/images/2019/7/25/Reservoir%20Auctions%20-%20July%2025%20-%204.JPG" alt="">
A third property going to auction in Reservoir this week is <a href="https://www.realestate.com.au/property-townhouse-vic-reservoir-130722394" target="_blank">1/57 Yarra Avenue</a> (pictured above).
The property going under the hammer is a two bedroom, two bathroom townhouse with a price guide of $650,000 - $715,000.
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Reservoir set to be the busiest auction suburb this weekend

<html><body>
The Melbourne suburb of Reservoir is host to the highest volume of auctions this weekend, with 16 homes set to go under the hammer, according to CoreLogic.
Next busiest are Coburg and Epping, also in Melbourne, with 12 scheduled auctions each.
This week, the number of auctions scheduled to take place across the combined capital cities is expected to rise, with 1,384 currently being tracked by CoreLogic, increasing from the 1,026 auctions held last week at final results.
Over the same week, last year a much higher 2,311 auctions took place across the capital cities.
Both Melbourne and Sydney are expected to see an increase in activity this week, with 632 homes scheduled for auction across Melbourne, while Sydney is set to host 503 auctions, increasing on the 498 and 332 auctions held last week respectively.
The smaller auction markets will also see a higher volume of homes auctioned week on week with the exception of Brisbane where fewer auctions are scheduled.
<img src="https://www.urban.com.au/images/2019/5/2/May%205%20Auction%20stats.JPG" alt="">
The busy auction weekend in Reservoir sees <a href="https://www.realestate.com.au/property-house-vic-reservoir-130896838" target="_blank">22 Knox Street</a> (pictured in title) offered.
The property going under the hammer is a three bedroom one bathroom house.
It comes with a price guide of $780,000 - $850,000.
<img src="https://www.urban.com.au/images/2019/5/2/Reservoir%20May%205%20Auction%202.JPG" alt="">
Another example of the breadth of auctions taking place in Reservoir is <a href="https://www.realestate.com.au/property-unit-vic-reservoir-130951802" target="_blank">3/8 Duffy Street</a> (pictured above).
The property going under the hammer is a two bedroom one bathroom villa.
It comes with a price guide of $510,000 - $550,000.
<img src="https://www.urban.com.au/images/2019/5/2/Reservoir%20May%205%20Auction%203.JPG" alt="">
A third property going to auction in Reservoir this week is <a href="https://www.realestate.com.au/property-house-vic-reservoir-129112970" target="_blank">85 Barry Street</a> (pictured above).
The property going under the hammer is a three bedroom one bathroom house.
It comes with a price guide of $550,000 - $600,000.
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Reservoir set to be busiest weekend auction hotspot

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All five of the busiest suburbs for auctions this week are in Melbourne with Reservoir coming in first place hosting 28 auctions.
In second is Mount Waverley (21) and third Glen Waverley (19), while rounding out the top five Bentleigh East and Richmond are set to hold 17 auctions each this week.
The number of homes scheduled to go to auction this week is set to rise across the combined capital cities with CoreLogic currently tracking 2,602 auctions, up from 2,386 over the previous week.
Melbourne accounts for 51 per cent of all auctions this week with just over 1,300 homes scheduled to go under the hammer, increasing from 1,127 last week.
Sydney volumes are sitting at similar levels week-on-week with 845 auctions currently on the radar, compared to 844 last week.
Across the smaller auction markets, Adelaide will see fewer homes taken to auction week-on-week, while Brisbane, Perth and Tasmania will see auction activity increase.
Canberra will see little change in auction volumes when compared to last week. 
<img src="https://www.urban.com.au/images/2018/11/15/Auctions%20this%20week%20Nov%2015.JPG" alt="" width="648" height="480">
Reservoir's weekend listings include 28 Bray Street, Reservoir (pictured above).
The four bedroom two bathroom house comes with a price guide of $840,000 to $895,000.
Set on 812 sqm the home features a double car garage.
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Reservoir is the busiest auction suburb this week

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One of the more complex level crossing removal sites is set to get underway with the State Government announcing the Mernda railway line and new Reservoir station will be elevated above the intersection of High Street, Broadway, Spring Street, Cheddar Road and Edwardes Street.

Reference drawings published on the Level Crossing Removal Authority's website depict elevated platforms that sit further north compared to the existing at-grade platforms.

One such render also emphasises the new pedestrian links that will be created by elevating the station, connecting Edwardes Street and Broadway through two pedestrian crossings and the station forecourt underneath the new platforms.

According to the State Government, 'on average, 36,000 vehicles travel through the Reservoir level crossing each day with the boom gates down for 24 minutes during the morning peak. In the past decade there were three recorded collisions and one fatality plus 26 near miss incidents at this site.'

Work has begun with site establishment, geotechnical work and the relocation of services kicking off in earnest.  The level crossing removal is expected to be complete by 2020.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/reservoir3.jpg" rel="gallery-all" title="Reference design for the new Reservoir station. Image: LXRA"><img alt="" class="image-article-full-width-580px" height="416" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/reservoir3.jpg?itok=GSPlnKvP" title="Reference design for the new Reservoir station. Image: LXRA" width="580"></a>

<figcaption>Reference design for the new Reservoir station. Image: LXRA</figcaption></figure><h2>Comment</h2>

Reservoir is one of the locations mooted to include an interchange with the Suburban Rail Loop (SRL) - the election proposal by the Andrews Government to build an underground rail line from Cheltenham to the Airport and a mixture of surface and underground track between Melbourne Airport and Werribee.

Should the Andrews Government be re-elected, they have promised to invest in a business case for the SRL which will likely include a reference design for each of the proposed stations.

It's a safe bet the reference design for Reservoir will likely take further connections to an underground set of platforms into account - despite transferring passengers having to traverse at least 4 'levels' to move between platforms (Mernda Line platforms, surface/station entrance level, underground mezzanine, SRL platforms).  

Reservoir and Heidelberg stations would be the two interchange stations likely to see the most transferring passengers headed to the SRL's mooted station at La Trobe University and it will be interesting to see if there are any changes to the design of Reservoir should the Andrews Government be re-elected and pursue the SRL project.
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Alastair Taylor

Reservoir's level crossing removal set to get underway

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Topping the list with 17 homes scheduled for auction this weekend is Reservoir, according to CoreLogic.
Runner ups with 13 scheduled auctions each, are Craigieburn and Mount Waverley.
This week, CoreLogic is currently tracking 1,566 capital city auctions, increasing from the 1,402 auctions held last week.
<img src="https://www.urban.com.au/images/2018/8/16/Auction%20Preveiw%202.JPG" alt="">
 
Melbourne and Sydney are set to see a higher volume of auctions this week, with 793 and 535 scheduled, up from last week’s final result of 721 and 458 auction’s held respectively.
Across the smaller markets, activity is expected to be higher in Brisbane and Canberra, while volumes across Adelaide and Tasmania will remain steady, with Perth the only auction market expected to host fewer auctions.
<img src="https://www.urban.com.au/images/2018/8/16/Auction%20Preveiw.JPG" alt="">
The overall number of properties scheduled for auction this week is expected to be lower than final results from the same week last year when 2,064 auctions were held.
The final auction clearance rate across the combined capital cities rose to 54.9 per cent across a higher volume of auctions last week, with 1,402 held, increasing from the 1,324 auctions the week prior when 54 per cent cleared.
Last week’s clearance rate was lower than the 67.5 per cent recorded over the same week one year ago when volumes were higher (2,040).
<img src="https://www.urban.com.au/images/2018/8/16/Auction%20Preveiw%203.JPG" alt="">
Indicative of the strong auction showing from Reservoir this coming weekend, 51 Queens Street, Reservoir (pictured in title) goes to auction this Saturday with a price guide of $1.15 to $1.25 million.
The 818 sqm property has a clear view of the Melbourne skyline.
The five bedroom three bathroom home is a short trip from Regent train station.
<img src="https://www.urban.com.au/images/2018/8/16/Latrobeee.JPG" alt="">
Another home going to auction this weekend is 17 McColl Street, Reservoir (pictured above).
This three bedroom two bathroom house has a price guide of $880,000 to $930,000.
The property is situated within a short distance of numerous shopping centres, schools and Latrobe University.
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Reservoir again the busiest suburb for auctions this weekend

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Auction volume numbers are lower this weekend than last, while all the busiest suburbs are in Victoria.
Reservoir tops the list with 17 homes set to go under the hammer, followed by Glen Waverley with 14 and Craigieburn with 13 auctions scheduled.
Last weekend 2,002 auctions were held. This weekend only 1,736 are scheduled.
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Melbourne is the busiest city for auctions again this week, with 879 auctions being tracked so far, however volumes are expected to be down slightly on last week’s final figures which saw 992 auctions held across the city.
 
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Click here <a href="https://www.propertyobserver.com.au/images/2018/6/22/auctions.jpg" target="_blank">to enlarge.</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/22/auctions.jpg" alt=""> 
The priciest home to be auctioned in Reservoir this weekend is a four bedroom home at <a href="https://www.realestate.com.au/property-house-vic-reservoir-128486638" target="_blank">34 Dawson Street.</a>
It has a guide of $1.15 million to $1.25 million.
 
 
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