<a href="https://www.apartments.com.au/developers/draycon">Draycon Building</a> is nearing completion of Boutique Chevron Island, a 42-apartment development on the northern end of Chevron Island at 17–19 Parneno Street, with a limited-time offer of fully furnished apartments available.

Now more than 90 per cent complete, <a href="https://www.apartments.com.au/buildings/boutique-chevron-island-17-19-parneno-chevron-island-qld-4217">Boutique</a> has been shaped by one of the Gold Coast’s most tightly held island addresses, where riverfront outlooks and walkable access to Surfers Paradise converge.

For Draycon Building Managing Director Howard Dabit, the appeal of the site was immediate.

“I knew it was a good site as soon as I saw it,” Dabit said.

“The position and location on the north end of <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, the way the river swirls around the site basically from the north to the east, it feels like the site is surrounded by the water. The height that we’ve got and the aspect looking north is beautiful. Eighty per cent of the apartments are looking north so they get that drenching sunlight coming in.”

[smartcode_project:default project_id=89709 project_image_fid=360922]

That northern orientation places the development within a stretch of Chevron Island defined by open river aspects and skyline views, while remaining embedded in the suburb’s established village setting.

Chevron Island has increasingly drawn owner-occupiers seeking centrality without the intensity of high-rise beachfront living. Positioned at the geographical centre of the Gold Coast, the island offers direct access to both the beach and key cultural infrastructure while retaining a neighbourhood-scale character.

Connected by bridge to Surfers Paradise, Chevron Island offers walkable access to beaches, riverfront parklands and a revitalised foreshore boulevard animated by walkers and cyclists throughout the day. The Pacific Ocean is only minutes away, reinforcing the suburb’s dual river-and-surf identity.

At the same time, Thomas Drive forms the spine of the island’s village life, delivering cafés, wine bars, casual dining and everyday services within easy reach. Independent grocers, wellness operators and neighbourhood retailers contribute to a community atmosphere that remains distinct from the vertical scale of the beachfront.

[smartcode_project:default project_id=89709 project_image_fid=360915]

In the opposite direction, the Green Bridge links directly to HOTA – Home of the Arts – placing galleries, performance venues and parklands within walking distance. Weekly markets and major exhibitions draw visitors from across the region, while residents return to a quieter residential pocket at day’s end.

Public transport, including nearby bus routes and the G:link light rail corridor along the coastal spine, strengthens connectivity north and south. Griffith University, the Gold Coast University Hospital precinct and established private schools such as The Southport School are all within a short drive.

Ongoing investment across Surfers Paradise, HOTA and the broader Southport corridor has elevated amenity while preserving Chevron Island’s comparatively low-rise residential character. It is this balance, walkable village atmosphere paired with metropolitan-scale infrastructure, that continues to differentiate the suburb from higher-density beachfront precincts.

Boutique comprises just 42 residences, designed to maximise river and skyline outlooks within this tightly held island setting.

Boutique Chevron Island is slated for completion in April 2026, with prices starting from $1,220,000.

[smartcode_project_cta:default project_id=89709]

Joel Robinson

Draycon Building’s Boutique Chevron Island places 42 residences at the heart of the Gold Coast

Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured planning approval for a $300 million residential development in Lindfield, marking the company’s second project on Sydney’s North Shore and its first on the Upper North Shore.

Located on Beaconsfield Parade and designed by DKO Architecture, the state significant development comprises three buildings of up to 10 storeys and will include 399 residences, including 59 affordable homes and 40 adaptable homes.

Residences will range in size from one, two and three bedrooms, with two-bedroom apartments accounting for over 60 per cent of the product make-up. Residents will have access to a broad suite of amenities, including a wellness area, indoor and outdoor recreational spaces, a pool, a gym, a community room and a golf simulator.

In line with Deicorp’s long-standing focus on creating transit-oriented communities, the project is located just 260 metres from the Lindfield Train Station, reinforcing its role in delivering well-connected housing close to established infrastructure, retail and local services.

The inclusion of affordable and adaptable housing supports greater diversity within the local market, while the mix of apartment types responds to demand from downsizers, young professionals and families seeking access to the Upper North Shore.

Deicorp Founder Fouad Deiri OAM said the approval represents an important milestone for both the company and the suburb

“This approval allows us to deliver well-designed homes in a location that is already supported by strong transport and community infrastructure," Deiri said.

"Our focus is on creating places that integrate into their surroundings and provide long-term value for residents, and the broader Lindfield community. Being within walking distance of the station ensures this project supports sustainable growth in the right locations."

Across its portfolio, Deicorp currently has 4,703 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.

Its expanding portfolio of Metro-linked developments includes Tallawong Village, <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> in Five Dock, <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a> in Sydney CBD, <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a> in Crows Nest and Showground Village, Castle Hill.

Deicorp purchased the Beaconsfield Paradise site last year. Construction is scheduled to commence in Q2 of 2026 and will be completed in 2029.

Deicorp expands portfolio to nearly 5,000 apartments with Lindfield project

In a joint venture with The Trump Organization, Australia developer Altus Property Group has announced plans to bring a Trump International Hotel &amp; Tower to the Gold Coast, marking the first Trump-branded project in Australia.

"Trump International Hotel &amp; Tower, Gold Coast is our first official project in Australia and reflects our unwavering commitment to delivering world-class luxury experiences in iconic locations around the world," Eric Trump, Executive Vice President of The Trump Organization, said.

"This development exemplifies the Trump brand’s dedication to quality, sophistication, and unmatched service, and we are thrilled to bring this vision to the vibrant Gold Coast community."

The 91-storey building, which will become the tallest in Australia at 335 metres, will feature a&nbsp;285-room luxury hotel bearing the trademark Trump logo. It will also include 272 luxury residential apartments, a three-level podium with an exclusive Beach Club, and over 3,400 sqm of premium commercial, retail, and dining space, revitalizing the central Surfers Paradise precinct.

“Trump International Hotel &amp; Tower, Gold Coast will be a truly unique offering in the Australian market, bringing the prestige and allure of a world-class luxury brand,"&nbsp;Altus founder and chief executive David Young said.

"Altus Property Group is proud of its track record in delivering landmark developments across Australia, and our expertise ensures this project will be an outstanding success."

Trump Hotel heads for the Gold Coast to become Australia's tallest building

More than a century after the Corrimal Coke Works first opened in 1912, the industrial landmark that helped shape the suburb is being reinterpreted as a walkable residential neighbourhood, with Stage One of <a href="https://www.apartments.com.au/new-apartments/the-works-stage-one-27-railway-street-corrimal-nsw-2518">The Works</a> now underway at 27 Railway Street.

For 102 years, the site was central to <a href="https://www.apartments.com.au/developments/corrimal-nsw-2518">Corrimal</a>’s economic and social identity before operations ceased in 2014. Rather than erasing that legacy, developer Legacy Property has embedded it into the masterplan, retaining and reinterpreting elements such as the iconic 1912 brick chimney and sections of the original C1 Coke Oven Battery, alongside the adaptive reuse of the former powerhouse building.

Stage One will introduce 181 apartments across low-rise buildings, offering predominantly two and three-bedroom residences with completion targeted for mid-2027. The scale and configuration reflect a deliberate focus on owner-occupiers, targeting those seeking a lower-maintenance home in a prime location within the northern suburbs of Wollongong.

[smartcode_project:default project_id=143415 project_image_fid=359833]

Apartments have been designed to maximise natural light and cross-ventilation, with floor-to-ceiling glazing extending living areas onto generous balconies. Engineered timber flooring, induction cooktops and 900mm ovens in larger residences support everyday functionality, while two interior palettes allow buyers to tailor finishes to their preferences. The material selection draws on a restrained coastal language, intended to connect homes to their surroundings rather than compete with them.

The Works forms part of a broader 18-hectare masterplan that will ultimately deliver around 550 dwellings, new parks, and a heritage precinct celebrating the site’s past. More than seven hectares are dedicated to open space, including Southern Park and a Village Green with community gardens and recreation areas. The creek corridor is being rehabilitated with 150,000 native plantings, restoring biodiversity to the site and softening landscape.

[smartcode_project:default project_id=143415 project_image_fid=359841]

Positioned adjacent to Corrimal Station and within walking distance of Corrimal Town Centre, the precinct places daily essentials, rail connections and local retail within easy reach. Wollongong CBD, including the hospital, university and entertainment venues, sits approximately 6.5 kilometres to the south.

For buyers more familiar with North Wollongong, Corrimal offers a different proposition: a well-established coastal suburb framed by beaches to the east and the escarpment to the west, with a strong sense of local identity shaped in part by the former Coke Works. The Works seeks to reinforce that identity by creating a connected, walkable neighbourhood between coast and escarpment, rather than a standalone apartment complex.

Sustainability underpins the development approach. The Works is targeting Wollongong’s first 5-Star Green Star-rated community, with water-sensitive urban design, recycled materials and energy-efficient buildings integrated across the masterplan. For residents, these measures provide not only environmental benefits but also reduced operational costs and future resilience.

[smartcode_project:default project_id=143415 project_image_fid=359842]

With construction commenced and display materials available to view, prospective buyers can now engage more directly with the project’s vision, reviewing floorplans, material selections and the broader masterplan in detail. For many local homeowners weighing a move, the opportunity to experience how heritage, landscape and contemporary design intersect may help bridge the gap between familiarity and the next chapter.

As Stage One progresses toward its mid-2027 completion, The Works represents a significant chapter in Corrimal’s evolution, transforming a site that once powered local industry into a walkable residential precinct designed for its next generation of residents.

[smartcode_project_cta:default project_id=143415]

Legacy Property’s The Works reimagines Corrimal’s century-old Coke Works

When it comes to developing in Melb​ourne's Bayside region, <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> knows exactly what buyers want.

With a longstanding presence in the area and a string of sell-out projects, Lowe Living consistently delivers developments that are as sought-after as their predecessors.

Their latest instalment is in <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a><a href="https://www.apartments.com.au/developments/hampton-east-vic-3188">&nbsp;East,</a> the same postcode where they have previously delivered Hampton Hill and Oceano. The developer-builder recently commenced construction on its newest project,&nbsp;<a href="https://www.apartments.com.au/new-apartments/marella-hampton-31-35-alicia-street-hampton-east-vic-3188">Marella</a>, a collection of 32 apartments just five minutes from the beach.

Site acquisition is paramount to success. Lowe Living rarely brings a building to market that isn’t within walking distance of essential amenities, whether it be the beach, a prominent retail strip, or a train station. Marella is no exception, located at its Alicia Street address, less than a kilometre from the retail heart of Hampton Street and Hampton Station.

[smartcode_project:default project_id=146197 project_image_fid=358495]

Equally important to Lowe Living is the architecture.

For Marella, they appointed <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, who explains that the architectural vision was to create a contemporary reinterpretation of the Californian bungalow, a style that’s iconic to Hampton’s heritage.

"By borrowing, abstracting, and reinterpreting elements of this quintessential style, such as strong datum lines, articulated columns, exposed structures, and roof tiles, our design strikes a balance between modernity and familiarity," says Cera Stribley.

"This approach ensures that the development is not only visually appealing but also contextually sensitive, resonating with Hampton's existing architectural landscape."

[smartcode_project:default project_id=146197 project_image_fid=358499]

The building features terracotta brick, soft cream masonry, and exposed metal detailing, giving it a tactile presence that is intended to weather gently over time.

Internally, the focus on lasting quality continues, with two and three-bedroom residences anchored by sculptural stone kitchen islands, natural light, and clearly defined transitions between living, dining, and outdoor spaces.

The layouts have been carefully designed. Open-plan zones extend to private balconies, with light-filled interiors and generous kitchen proportions, supported by Miele wall ovens, induction cooktops, and integrated fridge-freezers. These are not small apartments rebranded as luxury; they have been designed at scale, with ample storage, hotel-style entry access, and secure basement parking provided as standard.

[smartcode_project:default project_id=146197 project_image_fid=358492]

At the uppermost level, Marella’s Signature Collection penthouses offer city or bay views, large entertaining terraces (some with outdoor spas), and elevated finishes, including fully wrapped stone kitchen benches and a Liebherr wine fridge.

Flexible room arrangements allow for a fourth bedroom or secondary living space, sought-after by both empty nesters who want the space when family visits and families with older children.

[smartcode_project:default project_id=146197 project_image_fid=358498]

A residents’ lounge on the ground floor reinforces the project’s small-community feel. With a fireplace, private dining area, and adjoining terrace, it’s one of several shared spaces that balance amenity with privacy and scale.

Construction has commenced, with completion expected in early 2027.

[smartcode_project_cta:default project_id=146197]

Lowe Living continues Bayside legacy as Marella rises in Hampton

The Block

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An apartment in the Port Melbourne The Block 2016 conversion has been sold having come with an asking price between $1.8 million and $1.98 million.

The three-level apartment at 7/164 Ingles Street was not one of the apartments whose renovation was aired.

It was instead renovated by builders from Liefting Merlo Homes who bought the space in 2017, after the reality TV show had wrapped.

Bekdon Richards Hawthorn agent Paul Richards had the listing of the three bedroom, three bathroom apartment. The sale price has not been revealed.

It was briefly listed in 2019, with $1.78 million to $1.9 million hopes, and up for rent when offered last year with a $1200 weekly asking rental.

The ground floor comes with bedroom, study nook and bathroom with heated flooring. 

The first floor has an open plan lounge, dining space, and a stone kitchen with large wine fridge.  

The very top level boasts two bedrooms including the master retreat.

The building was a Velvet soap factory.

The 12th season of the Channel 9 show saw Queensland contestants William Bethune and Karlie Cicero take home $815,000 prize money after their winning $2.6 million sale.

The show’s host Scott Cam spent $2.2 million in 2017 to secure the apartment that all five contestant couples renovated.
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The three-level apartment at 7/164 Ingles Street was not one of the apartments whose renovation was aired

jchancellor

Apartment in Port Melbourne The Block 2016 conversion sold

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The Prahran apartment renovated on The Block in 2014 by contestants Darren and Dea Jolly has been resold at $2.2 million.

The apartment from the Glasshouse season of The Block fetched $820,000 more than its $1.38 million sale on the show’s finale.

The three-bedroom apartment at 6/125 High Street fetched above its $1.9 million price guide at its mid-February auction given four bidders.

“I think Prahran is a bit of an iffy suburb,’’ Dea said after its 2014 result.

“It was a bizarre result,’’ she told the Herald Sun.

“You have two apartments who kill it, and three just die, it’s just not what nobody would have guessed.

“One apartment that did well was facing the south with all that noise, and the other had no external windows.”
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The apartment from the Glasshouse season of The Block fetched $820,000 more than its $1.38 million sale on the show’s finale

Prahran apartment from The Block 2014 resold for a profit

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The Prahran apartment renovated by Darren and Dee Jolly on the 2014 series of The Block has hit the market for the first time.

The two-level warehouse conversion last sold for $1.38 million in 2014.

It has just been listed again through Marshall White Fraser Cahill with a price range of $1.65 million to $1.75 million.

The three bedroom, two bathroom space at 6/125 High Street was one of the five residences in a building known as The Glasshouse.

It comes with a gourmet kitchen with four Bosch ovens, including a steamer, and a butler’s pantry.

It was previously office space.

Offers are due February 23.

The marketing advises the addresses of recently sold comparable property as:

<ol>
<li>14/7 Gordon Street Toorak 3142 - $1,800,000</li>
	<li>1901/572 St Kilda Road Melbourne 3004 - $1,800,000</li>
	<li>1003/454 St Kilda Road Melbourne 3004 - $1,690,000</li>
</ol>
There was a resale of 5/125 High Street in 2019 with its 232 sqm space fetching $2,275,000 having fetched $1,724,000 at its 2014 auction.
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The Prahran apartment renovated by Darren and Dee Jolly on the 2014 series of The Block has hit the market for the first time

Darren and Dee Jolly's 2014 The Block unit offered for the first time

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The Killarney Vale couple Kara and Kyal Demmrich – contestants on Channel Nine's The Block Albert Park series – have bought again on the NSW Central Coast.
Their new home is a cottage at Bateau Bay in the Wyong municipality that cost $580,000, with the prize money they earnt coming in handy. 
<div id="description" class="stackItem">
It is an original cottage,<a href="https://www.realestate.com.au/property-house-nsw-bateau+bay-117226003" target="_blank"> </a>with a north facing front yard on a level 639 square metre block, within easy walk to Shelly and Blue Lagoon Beaches.  
</div>
They sold this week for $735,000 at Killarney Vale, which is five ams away from their next project.
They bought, then renovated their first home in 2008 having paid $285,000, after getting married in February 2007.
Agent Chantel Laing-Chadwick at George Brand Real Estate Avoca Beach/Copacabana described their recently sold house as an "architectural masterpiece".
Last year the couple appeared in The Block: Fans v Faves as the so-called Super Ks.
Around the time of the April Albert Park auction, the couple indicated they were planning to launch a boutique renovations company called Diverse Design and Construct.
The couple also suggested they were considering a move from their home in the Tuggerah Lakes precinct.
“We haven’t thought about it too seriously, but our long-term goal is to get ourselves as close to the coast as possible. So we’re thinking about selling, maybe in the next 12 months," Kyal told Property Observer.
The Super Ks were given the highest reserve of any apartment – $1.9 million – after a stellar number of winning challenges and room reveals.
But they finished third behind Steve and Chantelle and Alisa and Lysandra on auction day.
They indicated they could pay off the mortgage with their $567,250 in prize money.
Bateau Bay's médian house price sits at <a href="/news">$500,000</a>, record levels, while Killarney Vale's median house price likewise tav record levels, but <a href="/news">$375,000</a>, according to CoreLogic RP Data.
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jchancellor-FAypfDUnLy

The Block's Kyal and Kara buy at Bateau Bay and sell first home

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The Block 2016 winners Will and Karlie are selling their first renovated home.
The Rochedale South property, near Logan, was inherited by the new parents from Will's father, also named Will.
They renovated the home, built in the mid-1980s, converting the garage in to a master bedroom retreat.
It has four bedrooms in total and one bathroom on its 630 sqm.
The kitchen has been positioned at the centre of the home, while an adjoining family room and dining area has been fitted with a bar.
<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/DEC/3/Will%202.jpg" alt="">
They've left the fully fenced back yard to the new owners, leaving the undercover patio a blank canvas. It's being marketed as having plenty of space for a pool.
They posted the listing to their 25,000 Instagram followers on their joint account, suggesting it was “no Block masterpiece”.
“Our first home is now for sale! This is no Block masterpiece however it is filled with some pretty incredible memories! Let’s hope the new owners can fill this home with some pretty amazing memories also.”
Ray White have the listing.
 
 
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firstname1-iYD4UYzvBa

The Block 2016 winners Will and Karlie list in Logan

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The comedian Dave Hughes, and past Block buyer, inspected Block 2020 Brighton houses on auction eve.
His Friday inspection came before tomorrow's auctions of the five New Street houses.
The houses have indicative price guides ranging between $3.2 million and $3.4 million.
"Hughesie is possibly looking at his second one," Scott Cam advised.
"It is just a look," Hughes advised.
"I do the numbers .... they are good buying.
"There's more money spent on them than they get at auction," Hughes told 3MMM's Hot Breakfast.
"They are like the Elsternwick ones....people love living in them," Hughes added advising he currently had a surgeon has his tenants in his Elsternwick investment. 
Hughes <a href="/news/comedian-dave-hughes-buys-the-block-elsternwick-winner-from-josh-and-elyse">bought Elyse Knowles and Josh Barker's house in 2017 for $3.067 million</a>, and earlier this year, the comedian listed the five-bedroom home for rent at $2,000 per week.
Hughesy joked with Marty Fox, who has listed Melbourne local's Harry and Tash's home for this season, about buying another one of the homes from the Elsternwick series.
It was the home that finished runner up on the show for Jason Price and Sarah Windebank. Hughesy initially wanted the home before buying the show's winner, but he ruled out any swoop.
That's now for sale for $3.4 million to $3.74 million, having sold on auction night for $3,007,000.
New South Wales couple Sarah and George (their home pictured above), are favourites to take out the 2020 series of The Block, followed by Jimmy and Tam who scored the most points from the judges throughout the prolonged season.
The comedian was in attendance when the<a href="/news/comedian-dave-hughes-attends-the-block-final-auctions"> Port Melbourne as The Block apartments</a> went under the hammer.
Despite registering to bid for one of the five apartments, Hughes did not raise his paddle during the televised finale.
PREVIOUS BLOCK WINNERS 2003 - BONDI – Adam &amp; Fiona, $256,000 2004 - MANLY – Jamie &amp; Andrew, $178,000 2010 - VAUCLUSE – John &amp; Neisha, $305,000 2011 - RICHMOND – Polly &amp; Waz, $115,000 2012 - SOUTH MELBOURNE – Brad &amp; Lara, $606,000 2013 - ALL STARS (BONDI) – Phil &amp; Amity, $395,000 2013 - SKY HIGH (SOUTH MELBOURNE) – Alisa &amp; Lysandra, $395,000 2014 - FANS v FAVES (ALBERT PARK) – Steve &amp; Chantelle, $736,000 2014 - GLASSHOUSE (PRAHRAN) – Shannon &amp; Simon, $435,000 2015 - TRIPLE THREAT (SOUTH YARRA) – Darren &amp; Deanne, $935,000 2015 - THE BLOCKTAGON (SOUTH YARRA) – Dean &amp; Shay, $755,000 2016 - THE BLOCK 2016 (PORT MELBOURNE) – Will &amp; Karlie, $815,000 2017 - THE BLOCK 2017 (ELSTERNWICK) – Josh &amp; Elyse, $547,000 2018 - THE BLOCK GATWICK (ST KILDA) – Hayden &amp; Sara, $645,000 2019 - THE BLOCK OSLO (ST KILDA) – Tess &amp; Luke, $730,000
 
 
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Comedian Dave Hughes inspects Block 2020 Brighton houses on auction eve

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The Block has opened casting for 2021.

Couples must be aged between 18-65, energetic and with a sense of humour and available for a 10-12 week shoot period from late February, 2021.

Exact dates and its location are yet to be confirmed.

But first round couples will be reduced to final participants in the first week of filming.

[smartcode_project:default project_id=25281]

The deadline is 27th September 2020. Contestants will not be able to work during the shoot period.

Previous home renovation experience is an asset, but not required from both partners.

Successful participants will be paid a nominal weekly fee during filming of The Block to cover basic living costs and expenses.

Out of a 45,000 entries, ten contestants were selected for The Block 2019.

It will be the 17th season with <a href="https://www.castasugar.com/casting-now/block2021" target="_blank">applications being taken here</a>.

Filming of the current 16th season was interrupted by the pandemic.

The contestants left the site for their homes across Australia a month into production.

The contestants started production of the 2020 series in late February.

Harry (57) and Tash (32) — The first father and daughter renovation duo, an IT manager and a social media project manager from Melbourne.

Sarah (27) and George (33) — Teacher and electrician from Sydney.

Daniel (35) and Jade (34) — Farmer and hairdresser from Wandearah in South Australia.

Luke (35) and Jasmin (36) — Chippy and teacher from Perth.

Jimmy (33) and Tam (31) — Plumber and bar manager from Brisbane.

More than a third of the season had been shot.

Nine's production company spent $14.96 million on the 2,770 sqm site of the demolished former Andrina Private Nursing home just off Brighton's Golden Mile. 

It was bought from Nick Williams, son of horse trainer Lloyd Williams.

Williams had plans for 13 townhouses on the block.

[smartcode_project:default project_id=3730]

The series' five houses are tipped to fetch $3.5 million plus.

Scott Cam and co-host Shelley Craft returned to the latest series, along with judges Neale Whitaker, Shaynna Blaze and Darren Palmer, foreman Keith Schleiger and his right-hand man (and former Blockhead), Dan Reilly.

 

 

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j.ballantyne1990-6AQqhLzZaK

Applications for The Block 2021 are open

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Matt and Kim’s apartment on The Block Sky High has resold for $1.9 million.
The apartment was transformed on the Sky High series by Matt and Kim Di Costa.
It hit the market for the second time since the 2013 show wrapped.
The three-bedroom pad at <a href="https://www.realestate.com.au/sold/property-apartment-vic-south+melbourne-133393982" target="_blank">201/142 Park St, South Melbourne</a>, had $2 million to $2.2 million price hopes.
The apartment is the only one in the building that has a walk-in cellar.
It also has the most bathrooms.
The apartment sold for $1.455 million in season 7 of The Block, with the WA couple placing third and pocketing $250,000 profit. 
The pad was raking in up to $1600 a week as a rental before it sold for $1.9 million in October 2017.
It was most recently leased for $1450 a week in early 2019. 
Matt and Kim listed it on <a href="https://www.realestate.com.au/property-apartment-vic-south+melbourne-114301027" target="_blank">realestate.com.au</a> saying the apartment features “professional craftsmanship, exacting standards and the highest quality of materials, appliances, furniture and finishes together with superlative design to create an opulent home and entertainment paradise.”
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Matt and Kim's The Block Sky High South Melbourne apartment resells at disappointing price

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A new renovation calculator launched by Suncorp, and powered by CoreLogic, is helping renovators to estimate the cost of home renovations.
The calculator has been launched in parallel with Channel 9’s The Block which kicked off on television screens across Australia on Sunday, 23 August.
Renovators can use the calculator to quickly determine the estimated costs of various home renovations in any particular suburb, with an extensive range of renovation types.
The calculator provides estimates of renovation costs from internal painting, to a complete bathroom redesign, with each renovation project providing a question string that generates a separate estimated cost depending on the user’s answers.
Suncorp Executive General Manager Lending, Glenn Haslam said the renovation calculator is a useful tool for keen renovators to get a better understanding of the costs associated with their home renovation goals.
“Finances are top of mind for most Australians and with people spending more time at home, we know that many Aussies are starting to think about how they can make their house feel more like home,” Mr Haslam said.
“Before starting any renovation it’s important to start with a budget. Suncorp’s renovation calculator helps provide tangible guidance on the likely cost you could face depending on the scale of your renovation."
“Our Suncorp lenders and brokers can also help prospective renovators understand options to finance their renovation while also balancing their financial goals,” Mr Haslam said.
Lisa Claes, CEO of CoreLogic International said, “As a core sponsor of The Block, Suncorp was searching for a meaningful tool that would help people understand the costs of different types of renovations. The renovation tool utilises data which is updated quarterly to estimate the cost of renovations, including trades, services and materials based on the customer’s location and quality of fixtures used. All facets of the build, including labour and materials, are incorporated, which helps to more effectively estimate the total cost.”
The renovation trend in Australia has been steadily increasing, especially in the current climate with people spending more time at home contemplating home improvements.
“Schemes such as the HomeBuilder grant have also meant that more people are inclined towards a renovation over relocation,” Mrs Claes said.
The Suncorp Renovation Calculator powered by CoreLogic can be accessed at <a href="https://renovation-calculator.corelogic.com.au/suncorp">https://renovation-calculator.corelogic.com.au/suncorp</a>.
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Suncorp launches CoreLogic powered renovation calculator

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A South Melbourne apartment featured in 2013’s season of The Block has hit the market with a $2 million to $2.2 million price guide.
The three bedroom, four bathroom home is for sale for the second time after it was taken to auction as part of The Block/
It boasts a teppanyaki grill, wine room, solar power, butler’s pantry, Bosch ovens and two car spaces, and is listed through Belle Property Albert Park’s Stephanie Evans and David Wood.
The first West Australian couple on the block, Matt and Kim, renovated the residence for the 2013 series of the show, which transformed a former hotel into apartments.
It sold at that year’s auctions for $1.455 million, netting the couple $250,000 in profit and third place on the show. They have since gone on to create a concrete furniture brand.
The home first sold for $1.455 million, then resold for $1.9 million in 2017.
Mr Wood said the current owners, who had leased out the property, have had a change in their real estate requirements, but noted the price growth evident in the home’s transaction history.
 
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