An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

Title Tattle

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Retired Australian cricket captain Michael Clarke retains an investment at Trinity Point on Lake Macquarie.
Clarke paid $1,388,888 for a townhouse when the estate was launched in 2015.
The latest offering at the Johnson Property Group’s 23 hectare marina resort are the off-the-plan apartments within the Polaris complex.
Keith Johnson advised half of the 24 two-and three-bedroom apartments were snapped up at the VIP launch at the recently opened Italian restaurant.
This article first appeared in The Daily Telegraph. 
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Cricket legend Michael Clarke retains Trinity Point investment on Lake Macquarie

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The dealer principal of City Ford Sydney — the No.1 Ford dealership in NSW — secured a strong weekend auction result.
Mark Janus and wife Linda secured $3.61 million when their Riverview family home of 12 years sold through Simon Harrison at Belle Property Lane Cove.
The property had a $3.4 million price guide.
<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/2019/11/29/riverview%201%201.jpg" alt="">
“We moved there because our boys went to Riverview (Saint Ignatius’ College Riverview),” he said.
The school also allows adjoining neighbours to use the outdoor facilities like tennis courts.
The couple have three children, Dylan, Max and Claudia.
<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/2019/11/29/riverview%202%201.jpg" alt="">
“I just love it, but it’s time for a change — we want to go and live on the water,” Janus said.
Belle Property secured a street record.
During the marketing around 60 groups went through, with it sold to a young family from Neutral Bay.
The five-bedroom, three-bathroom home, renovated in 2017, features a media room and skylit Bosch kitchen.
This article was first published in The Daily Telegraph.
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Riverview home sells for $3.61 million

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Former North Melbourne AFL star turned Gold Coast Suns specialist tackling coach Andrew Swallow and wife Elise have listed their newly-rebuilt Perth home.
Swallow bought the Mosman Park house for $1.1 million in 2017 while playing in Melbourne, thinking the family would move home, however they have since headed to Byron Bay.
They've fully restored the mid 1920s cottage with the back of the house being newly built.
There are now four bedrooms, three living areas, a study and an open plan alfresco space.
It took a year to finish, with Swallow's friend from primary school Nathan Hardy handling the construction.
Ray White Claremont Dalkeith agent Vivien Yap has the listing.
Swallow was the North Melbourne captain from 2012 to 2016.
This article was first published in the Weekend Australian. 
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Gold Coast Suns coach Andrew Swallow lists in Perth

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Les Hiddins, better known as The Bush Tucker Man, and wife Sandra, are selling their home in Far North Queensland.

The home on 7,975 square metres in Kuranda, a mountain village west of Cairns, cost the couple $500,000 in 2012.

Since then it's been renovated and extended, now with wings that come off the main structure.

One is a master wing, designed by Chris Van Dyke, complete with handcrafted New Guinea rose wood and silk wood. The other homes a separate studio.

[smartcode_project:default project_id=22057]

There's four bedrooms, three bathrooms and a new French provincial style kitchen.

Ray White Cairns Beach agent Sonia Poole is asking $995,000.

Hiddins, who served in Vietnam, featured in the ABC series The Bush Tucker Man from the late 1980s.

He would drive around in a Land Rover Perentie finding and describing native Australia bush food.

This article was first published in the Weekend Australian.  
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The Bush Tucker Man Major Les Hiddins lists FNQ home

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Collette Dinnigan has tidied up her Sydney investment property portfolio, as she nears completion of her Italian project.
No sooner had Dinnigan listed her redundant Paddington investment property than it has been snapped up for $2.3 million.
It was set to go under the hammer early December but sold in eight days after one weekend’s open for inspection through BresicWhitney Darlinghurst agent Ivan Bresic.
The family trust bought in boomtime 2017 for $2.25 million, showing in some cases prices are higher than their prior peak.
The 1900s, two-bedroom terrace was a $1200-a-week tenancy.
Dinnigan (above), who quit the fashion world after 24 years in 2014, turned to real estate with her entrepreneurial husband Bradley Cocks.
Over the past five years they have bought and sold more than $50 million worth of real estate, making them highly successful house flippers.
“I don’t lose money on my houses, although I always seem to go over budget,” she told The Weekend Australian’s The List — Best Mansions magazine.
“But people who buy a house I’ve renovated do so knowing that it is something that is really good quality and will stand the test of time.”
The couple are spending more time in Italy where they’ve been restoring a 100-year-old farmhouse in Puglia.
This article was first published in the Saturday Daily Telegraph.
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Collette Dinnigan offloads Paddington investment in a week

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The Balmain East home of Jo Devery, the chief operating officer of Winning Appliances, has been listed for December 7 auction.
The three-storey harbourfront comes with a 9.5 metre jetty, mooring pen and a pool on its 470 square metre holding.
The northerly aspect over Mort Bay can be viewed from throughout the five-bedroom Nicholson Street house.
The offering through Matthew Hayson and Rita Lopresti at Cobden &amp; Hayson includes a studio.
The 1980s designed home has seen its three bathrooms refreshed in recent times.
The listing comes as the family seek to be closer to the children’s schools in the east.
Established in 1906, Winning Appliances is a fourth generation family-run kitchen, cooking and laundry specialist.
Its 17th showroom opens next month at Chadstone Shopping Centre.
Balmain East’s last reported waterfront sale was last November.
The peninsula had a recent strong non-waterfront sale when Hexham fetched $7.5 million through Pillinger Real Estate.
This article was first published in the Sunday Telegraph. 
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Winning Appliances COO lists Balmain East trophy

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Builder Dominic Baljak’s newly-constructed North Ryde home fetched $2.63 million at its pre-auction sale.
The 72 Eastview Avenue house has six bedrooms, five bathrooms, a double garage and a pool and sits on a 613 square metre block.
The buyers were a family returning to Sydney after living on the Central Coast.
“The last three luxury home sales in North Ryde have all been sold pre-auction,” Baljak noted.
The original offer from the buyer was $2.5 million.
“Although after seeing nearby 4 Adam Street (Ryde) sell for $2.79 million they were motivated to stretch to $2.63 million,” the McGrath selling agent Stefon Bertram said.
The Eastview Avenue price ranks as the highest priced sale on the west side of Lane Cove Road and it was the highest in the suburb until a $2.7 million sale on Neil Street late last week.
“There has been more prestige Ryde, North Ryde and East Ryde homes sold in the past three months, than the whole of the prior 12 months,” Bertram said.
This article was first published in the Saturday Daily Telegraph. 
 
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North Ryde home sells pre-auction for $2.63 million

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Former NSW Waratahs scrum-half Nick Phipps is offloading his Cremorne investment, having moved to the UK to play for London Irish.
Phipps paid $590,000 for the two-bedroom unit in 2012.
Ray White Lower North Shore agents Lewis Adams and Mary-Jane Hamer have a $900,000 guide for its November 28 auction.
Phipps and his partner, Macquarie banker Ebony Bamford, called Queens Park home, after paying $2,105,000 for an 1890s terrace two years ago.
Last year they spent $1.7 million on the adjoining terrace. Both are now leased. 
This article was first published in the Saturday Daily Telegraph. 
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Former Waratah Nick Phipps lists Cremorne investment

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The veteran film producer Glenys Rowe sold her longtime Coogee bolthole for a bullish $5.1 million at weekend auction.
Rowe produced the late 1980s cult film Dogs in Space, as well as God's Girls: Stories from an Australian Convent, Idiot Box and Feeling Sexy. 
There were 10 registered bidders who took the sale well past its $4.3 million reserve.
Auctioneer Damien Cooley took bids from half its interested parties.
She had bought the hillside Beach St property for $790,000 in 1994.
The four-bedroom home with ocean views has been an investment in recent years since Rowe has settled in Adelaide.
Ballard Property agent James Ball had an initial $4 million guide then raised this to $4.2 million, when they brought forward the auction by a week given the heightened level of buyer interest.
Realestate.com.au calculates Coogee’s median house price sits at $2.46 million, based on just 32 sales over the past year, according to realestate.com.au. 
Based on five years of sales, Coogee has seen a compound price growth rate of 6.7 percent for houses. Some years have seen 60 house sales.
This article was first published in the Daily Telegraph. 
 
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10 buyers sought $5.1 million Coogee hillside home

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South Sydney Rabbitohs boss Shane Richardson and wife Kate are selling their Little Bay penthouse.
The couple are set to downsize again within the neighbourhood where they moved after selling their $1.68 million Coogee semi in 2014.
Their initial Little Bay abode was a three-bedroom house they sold in 2017 for $1.9 million.
The three-bedroom penthouse with rooftop garden, bought in 2017, has been listed by McGrath agent Marnie Seinor.
The fifth-floor apartment has ocean views from what is currently the highest spot within the precinct.
Inspectees spotted next year’s NRL fixture on the fridge door.
It was Nick Pappas who recruited Richardson from Penrith to South Sydney in 2004, where along with Russell Crowe and Peter Holmes a Court, he helped turn the team into an NRL powerhouse.
He rejoined in 2016 after a brief stint at NRL’s headquarters.
Little Bay has seen 3.9% compound growth for houses and 5.1% for units, according to realestate.com.au over the past five years.
This article was first published in the Sunday Telegraph. 
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