<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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Last month 746-748 George Street, Sydney was sold for $11.5 million.
The vendor investment syndicate sold <a href="https://www.realcommercial.com.au/property-retail-nsw-sydney-501094587" target="_blank">to a Hong Kong investor </a>with competitive bidding at its Cooley Auction.
Bing Lee occupies the ground floor and basement. It is a four level building on a 304 square metre with a total building area of 984 square metre.
The rent was below market according to the agent, Raymond Hung at Ray White City South.
The estimated total rent was $510,000 per annum, plus GST assuming fully let.
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jchancellor-FAypfDUnLy

Chinatown Sydney retail sale at $11.5 million

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The bookish television personalities, Andrew Denton and Jennifer Byrne have sold the Double Bay property.
It sold just prior to last night's scheduled auction, after their busy Sydney Writers' Festival, but allowing the couple to be at home to watch The Book Show.
The price has not been disclosed by the <a href="https://rwdbgroup.com/nsw/double-bay/1134573/" target="_blank">Ray White Double Bay selling agent James Keenan</a>.
Buyers were being told to expect to pay $4 million plus after initial $3.8 million plus indications.
They have owned the house since 1998 when the 506 square metre property cost $1.845 million after moving from McMahons Point where they sold in 2001 for $1.57 million.
With four bedrooms, four bathrooms, the property also comes with a self-contained apartment on the lower ground floor.
The celebrity duo’s Tudor-look private oasis has formal and informal spaces and a billiard room showcasing high ornate ceilings and original fireplaces.
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Andrew Denton and Jennifer Byrne sell Double Bay home

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The Simon family have seemingly sold their vast concrete Point Piper harbourfront trophy home for around $30 million, some eight years after the initial listing.
Property Observer gathers its been bought by a current Wolseley Road resident.
It once had $60 million price hopes, reduced to $42 million by 2011, and then $38 million by mid-2013.
One listings<a href="https://www.domain.com.au/property/for-sale/house/nsw/point-piper/?adid=2011013194" target="_blank"> website suggests 130 Wolseley Road is under offer</a> through Sothebys, ending <a href="/news/the-altona-aftermath-buyers-baulking-at-the-ambitious-asking-prices-sydneys-top-20-house-sales-in-2013-he-said-she-said">the peninsula's sales impasse that became embedded with the bullish sale of the $52 million trophy home, Altona in early 2013</a>.
This year's two big trophy home sales have both been in Bellevue Hill.
The 933 square metre Point Piper property last sold in 1996 when the estate of the late FAI chairman Larry Adler secured $12 million from Peter Simon and his wife, Ruth, owners of the light-switch business HPM Industries, then Australia's 99th largest private company with its $170 million annual revenue. Adler's widow, Ethel had decided to stay in their Vaucluse residence which was bought in 1963 for 17,850 pounds.
Mr Adler had built after he bought the Wolseley Road block in early 1988 for $5.1 million from Westfield supremo Frank Lowy.
Frank Lowy had paid $2.675 million for it three years earlier then obtaining permission for a new residence.
The property title is in the name of Marion Richmond, following the death of her parents, Peter, then Ruth Simon.
The vast five-level concrete house now stands in the most verdant patch of Wolseley Road, neighbouring Duff Reserve, a popular fishing location.
The location in the 1950s saw respected architect Douglas Snelling undertake alterations and additions to a Victorian house at 130 Wolseley Road, Point Piper for Bernard Audette.
The six-bedroom, nine-bathroom waterfront, with boatshed, pontoon and electric winch, has Gergely &amp; Pinter Architects-design origins.
It is the architectural firm that is currently at work on the high side of the road.
Demolition began last month on the Wolseley Road, Point Piper mansion owned by the son of a former vice-president of China, Zeng Wei and his wife, Jiang Mei, <a href="/news/chinese-leadership-princeling-demolishes-point-pipers-craig-y-mor-mansion">who are building</a><a href="/news/chinese-leadership-princeling-demolishes-point-pipers-craig-y-mor-mansion"> a $5 million Gergely &amp; Pinter designed house.</a>
 
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Simon family Point Piper sale swings pendulum back to the harbourfront

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A modernist home behind the modest frontage of an 1890s Annandale brick and tile, semi-detached terrace has been listed for sale.
One Rose is located occupying a corner on leafy Rose Street. It's an important design by the distinguished architect Don Gazzard who took advantage of the slope and northerly orientation of the 253 square metre corner site.
Its entry is off Nelson Street with its signature glass block wall.
One Rose, the three bedroom, two bathroom home was designed and built in 2001 to 2002 by the architectural firm, Gazzard Griffiths.
It is <a href="https://www.modernhouse.co/listings/one-rose/" target="_blank">being offered through Modern House</a>, the specialist estate agency for architect-designed residences.
"This is a house that allows you to live modern – pity the neighbours in their dim Victorian dwellings," the marketing says.
In 2008 it was listed for auction through Jennifer Aaron Real Estate with $1.55 million-plus hopes, with more than 300 people inspecting it, but then withdrawn before auction.
Its 4.7 metre height of the main living space, that incorporates sitting, dining and kitchen with mezzanine above, was assisted by structural engineers, Birzulis Assocs and hydraulic Engineers, Thomsonkane.
Don Gazzard was in his late 60s when the current owner commissioned him to transform their three bed, one bathroom, Victorian cottage.
Marcus Lloyd-Jones, the Modern House agent, notes while studying interior design at the National Art School, the current owner fell in love with the work of Pritzker Prize winning Mexican architect Luis Barragan and challenged Gazzard to encompass some of his ideas. 
Photography: © Michael Nicholson Photography.
 
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One Rose, the Don Gazzard-designed Annandale house listed

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A striking Alex Popov-designed Hunters Hill riverfront house last traded in 2007 for $3.55 million and fetched $3.85 million at weekend auction.
With expansive Lane Cove River views, the contemporary, three-level Bonnefin Road residence comes with plunge pool and sauna.
The five-bedroom, four-bathroom property sold through <a href="https://www.realestate.com.au/property-house-nsw-hunters+hill-116789471" target="_blank">Savills agents Adam Ross and Shayne Harris </a>in conjunction with BresicWhitney
It was the weekend's highest reported auction sale. Bidding kicked off at $2.9 million before a crowd of 60 attendees.  There were some 37 bids with Adam Ross of Savills the architect was a big draw card. 
“Popov is one of those architects with a cult following."
Title Tattle gathers one of the bidders missed out on his third desired Popov home.
The split-level home was built for then Vogue chief financial officer Aye-Ling Koh set on its 1,114 square metre holding.
There is floor-to-ceiling glass and wrap-around decking.
It was built in 2000 after the block was bought in 1995 for $550,000 with the home designed based around a central pavilion with a wing on each side.
Popov had the main pavilion with the kitchen and a dining area overlooking the living room.
In the eastern wing Popov placed the main bedroom with ensuite, walk-in dressing room and northerly views across the river. The level below had another bedroom with an ensuite.
The western wing had two bedrooms, a bathroom, laundry and sauna.
Nicholas McEvoy mentioned over 100 groups viewed the home. 
"It’s exciting to see homes on this side of Hunters Hill now achieving close to $4 million which is typically only seen on the peninsula, the sale is now the highest price achieved for the location.” 
The last known Alex Popov-designed waterfront house sale was last August when $3.75 million was secured in North Sydney, having passed in at its March auction.
Some 888 homes were listed to go under the hammer, the second highest number of auctions conducted on a weekend for the year next to the record-breaking pre-Easter super Saturday of auctions on April 12th when 1,111 properties were auctioned.
Sydney’s Super Saturday secured a 78.9% preliminary success rate, according to Australian Property Monitors.
Sydney had more properties auctioned and sold over the first five months of this year compared to the same period in any prior year.
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Alex Popov, Hunters Hill-design tops Sydney weekend auctions

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All 129 apartments in AQUA, the latest Bondi Junction project, sold out at the weekend.
The sales by developer, Leighton Properties and Qualitas secured $130 million through Colliers International.
<img src="/images/2014/06/02/bondi_0003_Salessuitebusy-.jpg" alt="">
The 20-level development is situated opposite Westfield Bondi Junction.
An 111 square metre three-bedroom 20th floor apartment sold for $2.17 million.
The development comprised one, two and three bedroom apartments designed by KANNFINCH and DC8 Studio.
The two-tower building on the corner of Oxford Street and Hollywood Avenue will have interiors designed by Koichi Takada.
There will be two rooftop gardens and lobby lounge space.
Koichi Takada said that he incorporated two distinct schemes; one called ‘Breeze’ and the other ‘Drift.’
Peter Chittenden, managing director at Colliers International, said that the development is on the most prominent site at Bondi Junction, and is one of the last high-rise opportunities for the foreseeable future.
“Residents need never use their car to get to work, do the shopping or meet friends for a drink, reducing the stress of urban life and easing pressure on the environment,” Chittenden said in the lead up to the launch.
A prospective buyer advised Property Observer that they missed out on their preferred apartment after lodging a deposit.
<a href="/news/nsw/two-20-storey-apartment-towers-aqua-to-be-launched-in-bondi-junction">The initial enquiry page had interested buyers able to select options</a> on a studio from "under $500,000" to "$600,000 plus", one-bedroom from "under $600,000" to "$800,000 plus", two-bedrooms from "under $900,000" to "$1.2 million plus" and three-bedroom properties from "under $900,000" to "$2 million plus".
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Bondi Junction AQUA off the plan sellout leaves buyers scrambling to secure apartments

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The great Sydney weather and the five Saturdays in May before the June long weekend, have all assisted the record auction listing volumes.
And while there has been some buyer caution, certainly more evident than pre-Easter, the buyers have still put their hands up so that there have been record sales.
The have mostly maintained the revised auction clearance rate in the 70s.
It was running in the 80s pre-Easter especially on the preliminary results.
With bidding a little more cautious, the price growth has slowed a bit too.
Price are still rising, at around 2% a quarter, so down on the 15% annual rate of last year for Sydney.
One of the continued strong points has been the Chinese and Australian/Chinese buying.
It's remained especially strong in the off the plan offerings, and there are continued pockets of intensity in some established home markets, but I don't sense it is in the first home buyer segment.
This weekend is possibly the last big hurrah before the traditional winter hibernation. There are some 888 offerings, according to Australian Property Monitors.
Dr Andrew Wilson, the APM senior economist, notes Sydney’s inner west will host the most number of auctions this weekend with 160 followed by the city and east with 120.
The most popular suburbs listed for auction at the weekend in Sydney are <a href="/news">Mosman</a> on the lower north and <a href="/news">Epping</a> on the upper north shore, each with 12 homes scheduled to go under the hammer. 
Next most popular is <a href="/news">Randwick</a> in the city and east, <a href="/news">Blacktown</a> in the west, <a href="/news">Chatswood</a> on the upper north shore, <a href="/news">Maroubra</a> in the city and east and <a href="/news">Alexandria</a> in the inner west each with 11 homes listed for auction.
"Sydney will record its hottest ever autumn selling season with significantly more properties auctioned and sold over the first five months of this year compared to the same period in any other year," he advised.
The Sydney volumes have been at 100% higher than the same weekends last year on at least two weekends.
Sydney agents more than ever have been running campaigns this year urging vendors to consider winter listing.
They seem to have at least succeeded for the next fortnight as the long weekend has 380 scheduled auctions, which is 50% up on last year. 
Then some 570 offerings on the 14 June weekend, which is 25% busier than the same weekend last year.
Melbourne hasn't been too dis-similar although overcoming its early autumn waning, Melbourne's clearance rate is on the rise and the volumes have been running at around 50% higher listings  than last year.
However Melbourne’s weekend auction market will smash three records this weekend as the autumn selling season reaches a grand finale crescendo.
This weekend’s Super Saturday of auctions has 1,159 properties scheduled to going under the hammer which will be the third highest weekend for auctions this year, according to Dr Wilson.
"This year will not only break the record for the highest number of auctions ever conducted in the Melbourne metro area over a May with 4,450 listed, but will also likely break the record for the most number of auction sales recorded in the month of May.
"Melbourne has conducted more auctions over the first five months of this year than over the same period in any previous year," he said.
Melbourne’s inner suburbs dominate this weekend's auction listings with the inner east having 189 homes scheduled to go under the hammer, closely followed by the inner city with 188.
The most popular suburb for auction listings at the weekend in metro Melbourne is <a href="/news">Glen Iris</a> and <a href="/news">Richmond</a> each with 22.
With 18 auctions are <a href="/news">Brighton</a>, <a href="/news">Northcote</a> and <a href="/news">Camberwell</a>.
APM has 250 scheduled auctions on the long weekend, then 820 so that's slightly busier than the same time last year.
Picture courtesy of Tim J Keegan/Flickr/<a href="https://creativecommons.org/licenses/by-sa/2.0/" target="_blank">Creative Commons</a>.
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Last weekend auction hurrah before winter hibernation?

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Businessman Paul Ehrlich and his wife Lauren secured a bullish $10.1 million for their palatial Vaucluse home, highlighting the price resurgence of inland Vaucluse mansions.
It had been listed for auction last night, first with hopes of $8.5 million, then $9 million plus, but three Australian/Chinese buyers pushed the price into double digit million territory.
<a href="https://www.raywhite.com/nsw/vaucluse/1133320/" target="_blank">The three-storey Towns Road mansion</a> dates back to the architect Harold Finger who built it around two decades ago.
He sold it in 1996 for $4.28 million to Oriental Technologies Investment vice chairman Laurence Luo-Lin Xin.
The Ehrlichs bought it for $4.1 million in 1999. They met at Maccabi squash in 1983.
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Bidding opened at $8.7 million, with auctioneer James Keenan calling it on the market at $10 million, when it was subsequently knocked down to the opening bidder.
Set on 1200 square metres, the six-bedroom residence comes with a tennis court, indoor and outdoor pool and rooftop terrace with Sydney Harbour views.
It sold through Ray White Double Bay agents Elliott Placks and Ashley Bierman.
Last year close to 50 houses sold above the <a href="/news">2013 Vaucluse suburb median</a> of around $3.1 million as increased sales activity signalled the emerging signs of momentum. The median was once $3.8 million in 2011.
The top three harbourside properties sold at $14 million, $15 million and $19 million, but it is arguable that the resurgence hasn't yet got to the waterfront homes. 
The Singapore-based BRW rich lister Brett Blundy has yet to his Kutti Beach home, but secured around $7 million on his neighbouring non-waterfront home. 
Rag traders Nick and Susie Kelly bought last year from nautical engineering entrepreneur Philip Goymour and his wife, Tanya, setting the highest price for the year at $19 million on Kutti Beach.
But the mainland Chinese buyers appear to prefer inland with King Chu and Xiaoyi Zhu spending $15 million when they bought the Vaucluse Road, Vaucluse home of John and Mary Andrews from the Haverick Meats family mid-last year, some two years after its listing.
Australian cricket captain Michael Clarke recently bought his inland five-bedroom home for around $8.3 million. 
Lawyer John Williamson-Noble, a partner at Gilbert+Tobin, and his wife Renee, sold their Coolong Road home earlier this year at $6.5 million, having been listed last September with $6.5 million-plus hopes through McGrath's Hamish Robertson.
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Bullish $10.1 million under the hammer Vaucluse trophy mansion sale

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Chateau de Benelong, the distinctive Bellevue Hill palazzo residence, didn't sell when auctioned last night through agents Michael Finger and Diane Wilson of Ray White Double Bay. 
Over $5 million was being advised to potential buyers initially, and it was passed in at $6.2 million.
Title Tattle spotted just the two Australian/Asian bidders at the auction where bidding began at $5.5 million.
<a href="https://rwdbgroup.com/nsw/bellevue-hill/1129729/" target="_blank">Chateau de Benelong</a>, the private palazzo commands sweeping northerly harbour views from its grand columned terraces.
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With its multiple arches, columns, balustrades and detailed decorative exterior adornments including cherubs, lions' heads and a central courtyard fountain, the seven bedroom house has stood out from the crowd since 1977, when it was built by designer Lesley Santy.
Santy, who won a gold medal in the 1957 international furniture exhibition in Milan, designed the building for the Levy family.
It last sold at early 2012 auction at $4,995,000 sale through Michael Finger.  <a href="https://www.propertyobserver.com.au/new-south-wales/columned-chateau-with-21st-century-interiors-at-bellevue-hill/2011080951100" target="_blank">It was initially listed</a> with unrealistic $7.5 million hopes in late 2011.
The Benelong Crescent property had been renovated after trading for $3.67 million in 2009.
It comes with eight bedrooms, including a two-bedroom apartment.
The vendors Lynda Giang-Nguyen and Nhi Nguyen bought it in early 2012 from Nare Elio and Makedonka Del Ben, who run a building company called Big Dig Pty Ltd.
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Bellevue Hill's Chateau de Benelong fails to sell

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In Bankstown, an $80 million project called Little Saigon is expected to revitalise Chapel Road and is scheduled to be completed by the end of 2014.
Built in response to a number of residential developments that require amenities, as well as to provide a new international food, entertainment and medical precinct<a href="https://www.littlesaigonplaza.com.au" target="_blank"> Little Saigon</a> will include the largest Yum Cha restaurant in Sydney.
<img src="/images/2014/05/30/bankstown-may-30-one.jpg" alt="">
The development comes from Fam International, with design by Nordon Jago architects and is located at 462 Chapel Road, Bankstown.
The Yum Cha restaurant will be run by Golden Group.
The development will also include the first rooftop alfresco bars and terraces for the western Sydney suburb of Bankstown, as well as two supermarkets, more than 3,500 square metres of function centre space, boutique fashion outlets and a medical centre.
<img src="/images/2014/05/30/bankstown-may-30-two.jpg" alt="">
Confirmed tenants for the development include Eyecare Network, B Beauty &amp; Beyond Laser Clinic and a 340 square metre pharmacy.
It will be over six levels and official material details that it includes the following leasing space:
Level 5: Rooftop restaurants, 168 - 237 square metres
Level 3: Function centre, 3,537 square metres
Level 2: Commercial office, 38 - 2,861 square metres
Level 1: Food court, 20 - 1,115 square metres
Ground: Specialty stores, 18 - 491 square metres
Lower: Supermarket anchor, 17 - 1,000 square metres
The launch is expected for Easter 2015 and it is currently 45% leased, with around 9,000 square metres of leasing space remaining. Across the six levels, the cost ranges from $350 per square metre to $2,000 per square metre.
David Fam, Fam International’s co-director, said that there is significant diversity in the Greater Western Sydney area.
“A lot of planning and thought has gone into providing residential developments for Bankstown’s rapidly growing population,” he said.
“What Little Saigon will do is respond to the need for more public amenities, and cater to the arrival of all these new residents, providing them with a one-stop-shop for all their daily needs, as well as a true destination for all their dining and entertainment.”
Bankstown’s <a href="/news">median house price has climbed to $605,000 in recent months</a>, with the median unit price at $360,000.
Photos: Supplied.
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