Sydney developer Deicorp is set to officially open its <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Showground Village</a> precinct in Castle Hill.

NSW Premier Chris Minns will attend the opening on Sunday August 31, alongside&nbsp;Minister for Planning and Public Spaces Paul Scully, The Hills Shire Council Mayor Dr Michelle Byrne, Landcom CEO Alex Wendler, and Deicorp Founder Fouad Deiri.

Located just moments from Hills Showground Metro Station, the centre spans 9,500 sqm across four levels and features 26 specialty retailers as well as a 1,400 sqm public plaza, creating a new community meeting point for shopping, dining, fitness, and everyday convenience.&nbsp;

Showground Village forms part of the Hills Showground Station Precinct, an urban renewal initiative led by Landcom and Sydney Metro that will provide for around 2,300 new jobs over the next 20 years and around 9,000 new homes.&nbsp;

Deicorp was recently approved for another new development next door to Showground Village.

The new five residential buildings in the East Showgrounds Precinct, will see another 873 dwellings delivered, as well as&nbsp;3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said&nbsp;<a href="https://www.apartments.com.au/developers/deicorp" target="">Deicorp</a>&nbsp;Founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new&nbsp;<a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill" target="">Hills Showground Village</a>&nbsp;retail precinct currently under construction."

Deicorp has several thousand apartments in planning and under construction across Sydney, from Zetland and Five Dock to Crows Nest and Macquarie Park.

[smartcode_project_cta:default project_id=133881]

Joel Robinson

Deicorp, NSW Premier officially open Showground Village, new retail and hospitality hub in Castle Hill

ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

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

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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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