<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Sydney

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Bidura, the 1860 Edmund Blacket Glebe building, has been listed for sale by the NSW government.
Designing along conventional Victorian Regency lines, it was Blacket's home while he was designing the University of Sydney’s Great Hall. 
In recent years it has been occupied by staff of the Family and Community Services and the Department of Justice.
The NSW government is selling off the 5,556 square metre property at 357 Glebe Point Road which was previously used as a juvenile court until 2000.
It ceased functioning as a children’s home in 1977.
It has been owned by the NSW government since the 1920s.
With three street frontages and views over Blackwattle Bay and the city skyline, the NSW Minister for Finance and Services Dominic Perrottet said the Glebe Point property was expected to generate significant developer interest for a residential project.
Photo courtesy of NSW Courts. 
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Glebe's Bidura listed by NSW state government

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The Terrey Hills-bound rugby league icon Brad Fittler and his partner Marie Liarris will accept $2,295,000 for their redundant Rushcutters Bay apartment which was initially listed with $2.5 million hopes for its recent auction.
The north-facing, four bedroom apartment in the Marina One building had been bought in 2010 for $2.12 million.
It was listed for auction <a href="https://www.rwebay.com.au/1593550/" target="_blank" style="line-height: 1.3em;">through Jason Boon of Richardson &amp; Wrench Elizabeth Bay</a>, and Shane Vincent of Belle Property Randwick.
<a href="https://www.realestate.com.au/property-apartment-nsw-rushcutters+bay-117154815" target="_blank">The apartment</a> has 197 square metres space outlooking over Rushcutters Bay park.
They are reputedly moving to an acreage in <a href="/news">Terrey Hills</a>.
<a href="/news/brad-fittler-sells-rose-bay-investment-with-14-annual-gain">They sold a Rose Bay investment semi</a> for $1.925 million earlier this year, a bullish result.
 
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Brad Fittler's Rushcutters Bay apartment remains for sale

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Sydney's most expensive property sold at weekend auction was a three-bedroom Beauty Point home with Middle Harbour views.
The house at <a href="https://www.domain.com.au/property/for-sale/house/nsw/mosman/?adid=2011307063" target="_blank">12 Euryalus Street, Mosman</a> was sold by Simeon Manners Property for $3.23 million. 
"It was just above the reserve, though the reserve was ambitious," agent Michael Mahon told Fairfax Media.
However Property Observer notes it last sold at $3.1 million in June 2010, so not even 1% price growth during the past four years.
There were three bidders with it knocked down to a Mosman family.
RP Data indicated its pre-auction price guidance was $3 million to $3.5 million.
The <a href="https://www.onthehouse.com.au/reports/property_profile/10366737/12_Euryalus_Street_MOSMAN_NSW_2088/" target="_blank">onthehouse estimate for the property</a> was $3,466,400 to $3,908,400 in June and at $3,340,900 to $3,766,900 in August.
The bungalow property comes with approval to rebuild a three level family home on the elevated, north facing 773 square metre block.
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Mosman price shocker tops Sydney's weekend auctions

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Multi-storey residential towers will be built in many parts of Sydney as numerous areas are being rezoned to allow for higher density development.
But development proposals are likely to face community opposition as residents resist changes they expect to increase traffic congestion and restrict access to amenities such as schools.
Three new areas along the future North West Rail Link in Sydney’s Hills district were announced by NSW Minister for Planning Pru Goward in August as Urban Activation Precincts.
These precincts will be rezoned to help NSW state government deliver on its policy to “substantially increase the supply of housing and employment, and improve housing choice and affordability”.
One of NSW government’s aims is to boost the supply of housing in areas with good access to infrastructure, particularly transport, to accommodate Sydney’s expanding population.
Forecasts suggest the city’s population will swell by more than 1.6 million people by 2031, requiring around 664,000 more homes, according to NSW government. As part of that anticipated expansion, the population in Sydney’s Hills district is predicted to swell by 100,000 people.
The Urban Activation Precincts around train stations being built along the $8.3 billion rail link at Bella Vista, Kellyville and Showground are expected to provide up to 12,000 homes, including townhouses, detached homes and apartments.
The Minister for Planning has allocated $15 million to the three areas for local infrastructure. Local communities will decide how the funds are allocated.
The announcement received mixed responses from Hills residents who <a href="https://www.facebook.com/TheHillsShireCouncil" target="_blank">took to Facebook</a> to air their views. Some support the changes while others complained of over-development and worsening traffic problems.
Hills Shire Mayor Dr Michelle Byrne said Council had debated where the forecast population growth could be accommodated.
“We need increased densities around town centres and transport hubs so that the rest of Shire can be preserved as single-lot housing,” he said in a statement.
More broadly along the North West Rail Link corridor, <a href="https://www.planning.nsw.gov.au/en-au/planningyourregion/northwestraillinkcorridorstrategy.aspx" target="_blank">28,800 new homes are expected to go up by 2036</a>.
The three locations in the Hills add to eight areas already identified as Urban Activation Precincts elsewhere in Sydney at North Ryde Station; Epping Town Centre; Herring Road, Macquarie Park; Randwick; Anzac Parade South; Carter Street, Lidcombe; Wentworth Point; and Mascot Station. Higher density development will be encouraged in each of these locations.
The Urban Taskforce is calling for even higher density than what has been suggested in the Hills’ Urban Activation Precincts.
“The proposed 12,000 new homes around three stations is a good start but more housing needs to be planned for,” Urban Taskforce chief executive Chris Johnson says.
The three new areas will need to incorporate residential towers in the mixed-use and high-density residential areas, he says.
“Taller buildings can help with affordability particularly if apartment sizes are kept to state government standards,” Johnson says. “The Urban Taskforce is concerned that the Draft Development Control Plan by the Hills Shire Council proposes apartment sizes well in excess of the state’s sizes and that this will make each apartment more expensive.”
Strong growth in capital values in the Sydney metropolitan area have contributed to a high volume of apartments being planned for development or under construction, according to Knight Frank Residential Research’s Sydney Apartment Market Update, released last week.
The market update reveals Sydney property values have been increasing by 12.15% annually to a median of $549,000, says Knight Frank Residential Research associate director Michelle Ciesielski. Rents have remained stable at $520 per week, with rental yields estimated at 4.95%.
Ciesielski says there are 26,680 apartments in metropolitan Sydney due for completion over the next three years. Almost 10,000 of these will be in the city’s North West including Parramatta, Macquarie Park, Sydney Olympic Park, Wentworth Park and Epping.
But extra development often meets with opposition, particularly in areas that have traditionally had few or no high-rise apartment buildings.
In Lewisham in Sydney’s inner west, for example, developers have faced battles since 2005 with local residents who are against proposals to build multi-storey residential towers at a site on Old Canterbury road near the Lewisham railway station and light rail corridor.
Several development applications have been knocked back and local residents formed action groups to block the development.
The site was sold to Meriton in 2012 for around $50 million and approvals have been now given for work to begin on the site. Meriton’s latest proposals include seven multi-storey buildings between four and 10 storeys tall containing 314 dwellings over two levels of basement car parking plus 128 square metres of retail space. These plans are going through Marrickville Council’s development application processes.
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zfielding-GvX3Uq9KTa

Numerous Sydney areas rezoned to allow for higher density developments

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Further sales were secured in the Parramatta apartment project Promenade through Savills Residential Projects.
It has sold 115 of the 153 apartments in building three at Promenade, a five hectare site which is being developed by Starryland Australia, the local arm of the giant Chinese property group, Fuxing Huiyu Real Estate Company Ltd.
Prices ranged from $440,000, for a one-bedroom apartment. 
The apartments in building three comprised: 
<ul>
<li>(6)  one-bedrooms (44 – 49 square metres) from $440,000</li>
<li>(17) one-bedrooms plus study (46 – 69 square metre) from $465,000 </li>
<li>(125) two-bedrooms (63 – 98 square metres) from $585,000, and</li>
<li>(5) three-bedrooms (83 – 112 square metres) from $850,000</li>
</ul>
Fewer than 40 apartments remain for sale.
Buyers, who registered their interest with a $3,000 refundable deposit, were invited to attend the launch last Saturday morning.
Irene Lau, from Savills Residential Projects, said more than 70% of purchasers were owner-occupiers.  Promenade‘s initial two buildings of 124 apartments sold out over one weekend in May. 
 Both buildings are currently under construction with completion in late 2016.
Located in Morton Street just 1.2 kilometres east of the city centre, Promenade will have 1.2 hectares of landscaped foreshore open space, a proposed pedestrian bridge across the river and an extensive walking and cycling network.  James Swete, the sales and marketing director of Starryland Australia, said Promenade would provide resort-style living. 
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Starryland secure further Promenade, Parramatta apartment sales

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Former couple and House Rules contestants Candy and Ryan have put their Emu Plains home on the market.
The home at <a href="https://www.realestate.com.au/property-house-nsw-emu+plains-117619615" target="_blank">45 Gough Street, Emu Plains</a>, is selling through Paul Wallace of Property Central Penrith. It will be auctioned on Saturday 30 August.
The three bedroom house was the debut renovation of the show, and the victim of some dubious style choices - including winners Adam and Lisa's incomplete study and unappealing entrance.
The listing photos show Western Australia couple Russell and Carole's challenge-winning kitchen. They ended up in second place for the series, <a href="/expert-insights/building/underdogs-adam-and-lisa-win-house-rules-season-two">behind underdogs Adam and Lisa</a>.
The single storey brick veneer home has a two bathrooms and is set on a 626 square metre plot.
The listing information says the home has been "renovated to the highest possible standards". The house is filled with colour, thanks to Candy and Ryan's fellow team mates.
<img src="/images/2014/08/08/house%20rules.jpg" alt="">
Above: Candy and Ryan's unrenovated home in 2013. Below: Their home now.
<img src="/images/2014/08/08/2.jpg" alt="">
Candy and Ryan purchased the home for $400,000 in August 2013. Selling agent Wallace is not providing a price guide for the property.
The house has been listed following the couple's breakup.
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jrichardson-uRX5hFdKfN

Candy and Ryan's House Rules home on the market

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Offers over $5 million are still being sought by listing agent Jason Black of Black Lifestyle Property for 30 Marine Parade, Maroubra.
Located above Lurline Bay, close to the Mahon rock pool, the mansion is set over three floors on 518 square metres.
<a href="https://www.realestate.com.au/property-house-nsw-lurline+bay-117395155" target="_blank">The four bedroom, four bathroom family home</a> was built in 2007, on a block last traded for $2.06 million in 2001. 
It was designed by architect Timothy Hadiwibawa.
It had been scheduled for 2 August auction by the Fok family.
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Lurline Bay, Maroubra prestige offering remains for sale

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The intensity of the Sydney auction property market appears to be strong in early August auctions.
Last week Property Observer published a survey of 30 recent auctions suggesting there was a <a href="/expert-insights/buying/add-12-to-sydney-auction-estimates-to-secure-purchase-intelligent-property-services">12% gap between price estimate and knock down sale price</a>.
We'll be checking the auction temperature on a weekly basis as we head into spring.
The randomly selected 10 results showed a range in above estimate sale prices of between 5% and 37%.
There was an 18% above estimate sale price.
The highest result was actually not disclosed, but we can advise it was $1.1 million, some $300,000 above the $800,000 pre-auction price estimate. 
<ul>
<li>51 Burgess Street BEVERLEY PARK  Over $800,000 SOLD AT $1.1 million</li>
<li>110B/144 Dunning Avenue ROSEBERY Over $700,000 SOLD AT $825,000</li>
<li>21 Avenel Road GYMEA BAY Over $770,000 SOLD $820,000</li>
<li>9 Oswald Street  RANDWICK Over $1,050,000 SOLD $1.33 million</li>
<li>13 Henry Lawson Drive PEAKHURST Over $800,000 SOLD $1,052,000</li>
<li>15/176 Russell Avenue DOLLS POINT Over $490,000 SOLD $600,000</li>
<li>15 Pemell Street NEWTOWN $950,000 SOLD $1.105 million</li>
<li>14/16 Abbott Street  COOGEE Over $720,000 SOLD $838,000</li>
<li>49 Caldarra Avenue ENGADINE Over $690,000 SOLD $765,000</li>
<li>28a Rosemead Road, HORNSBY NSW Over $1.4 million SOLD $1.7 million</li>
</ul>
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Paying 18% over auction estimates: Sydney's pre-spring price spurt

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The Nine Network has commenced NSW Land &amp; Environment Court proceedings to secure planning approvals for its ridegline 29,860 square metre development site in Willoughby.
The <a href="https://www.pac.nsw.gov.au/Projects/tabid/77/ctl/viewreview/mid/462/pac/372/view/readonly/myctl/rev/Default.aspx" target="_blank">state’s Planning Assessment Commission</a> determined an eight storey height limit and cut the number of dwellings to 350.
The Nine Network is appealing that decision, seeking 450 dwellings and maximum height of 12 storeys. 
The television network has been broadcasting from the property since 1956. 
Nine Network seeks to follow in the footsteps of the redevelopment of the former ABC site in Gore Hill and the former Channel 7 studio in Epping.
Early plans (pictured above) by Channel Nine were for 600 dwellings with six buildings including three towers above 16 storeys, then later plans for as high as 18-storeys.
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Electromagnetic Radiation (EMR) has been raised as an issue by the community who noted the radio frequency hazard survey provided by the proponent had been predominantly conducted at ground level. EMR had not been adequately considered for residents living in multi-storey buildings. 
The assessment report has recommended a condition which requires future development applications to include electromagnetic radiation reports and incorporate appropriate building design measures to demonstrate residents of all new dwellings will not be exposed to radiation levels above those recommended by ARPANSA.
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Channel 9 Willoughby planning stoush heading to to court

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The Chinese developer JQZ has reportedly paid $50 million plus for ­Woollahra Council's former depot in Waterloo.
<a href="https://jqz.com.au" target="_blank">JQZ</a>, which also emerged last year as the $47 million development site buyer at nearby 904 Bourke Street, was previously known as the Tong Group which was founded in 2005.
The 1.4 hectare holding at 52-54 O’Dea Avenue is located within walking distance of Green Square railway station.
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The site is zoned for mixed-use of up to about 18 storeys with one tower, plus four x eight storey buildings.
JQZ has more than 1,000 apartments under way across Sydney having developed ­apartments in Burwood, Parra­matta, Homebush, Harris Park and Rockdale.
The Bay at Meadowbank is another project.
It has also recently marketed 250 apartments in its Parramatta Road, Homebush project, Grand Central, Homebush, which is a development site with 430 apartments scheduled for completion by 2016. Grand Central development will comprise two buildings, a 7-storey and 13-storey.
JQZ paid $30 million for the 10,000 square metre site at 6-18 Parramatta Road, which is its 10th Sydney project.
JLL had the council offering, the Australian Financial Review report said.
The local paper has advised that council received the first of four payments, a $5.6 million deposit, from Chinese developer JQZ as part of a deferred two-year sale.
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