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;

Joel Robinson

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

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Title Tattle

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Coffee king Dean Merlo has emerged as the $8 million buyer of a New Farm riverfront which sold at auction in September.

Merlo, who runs the family-founded Merlo Coffee, was landbanking the property, having been a neighbour since 2003 when he paid $1,035,000 for a red brick home on 531 sqm.

<img alt="" height="1296" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxlade_new_farm_2.jpg" width="2000">

Merlo now owns two of just nine riverfronts on the Oxlade Drive dress circle. His recent purchase of a four bedroom post-war home on 835 sqm takes his total to 1,365 sqm. 

He paid $10,900 per sqm for his recent buy, compared to next door which was more like $1,950 per sqm 17 years ago.

Merlo doesn’t need approval to demolish the xxx home which was swapping hands for the first time in 45 years when the late Peter Bettson, the owner of Brisbane Motor Auctions, got the block in a land swap with a friend.

<img alt="" height="1333" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxlade_new_farm_3.jpg" width="2000">

Ray White New Farm agent Matt Lancashire secured the sale.

Dean’s father immigrated to Australia from Italy in 1958, bringing with his Queensland’s first espresso coffee machine to take pride of place in his Milanos restaurant.
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Coffee King Dean Merlo spends $8 million on New Farm knockdown

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Fintech investor Danita Lowes has bought into the Sydney 1920s apartment block The Astor. 

It’s the apartment recently sold by UK-based theatrical couple Cate Blanchett and Andrew Upton.

Their little-used bolthole had $12 million hopes through Christie’s International agent Ken Jacobs.

Originally three apartments, the two-storey Macquarie Street abode was once home to entertainer Barry Humphries and then mortgage broker Mark Bouris.

Lower heads Euclid Capital Partners.

She owns at Longueville with husband David Fite.

The Astor is the 12-storey, 1920s company title block that once dominated not only the city skyline but Sydney society when Circular Quay was quaintly industrial and the Harbour Bridge yet to be built.

All of the apartments featured Jarrah timber flooring, high ceilings, large windows along with Queensland maple interiors by the controversial Francis de Groot.

Completed in 1923, the Astor was the idea of entrepreneurs John and Cicely O'Brien.

The building was designed by architects Stuart Mould and Donald Esplin with a rooftop garden and basement restaurant.

Back then there were butlers and maids provided by the house manager.

Despite being the city's oldest apartment complex - and facing serious competition from many nearby new developments – it continues to attract buyers, especially when a modernised Astor apartment comes with parking nearby.
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Fintech investor Danita Lowes has bought into the Sydney 1920s apartment block The Astor

jchancellor

Fintech investor Danita Lowes buys Cate Blanchett's Macquarie Street, Sydney apartment

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Emerging South Sydney Rabbitoh star and NSW Blues Origin debutant Cameron Murray has become a first home buyer.
The second-rower has opted for the beach, spending $1.25 million on an apartment in Clovelly.
He bought it just after his recent 21st birthday.
The ground-floor unit, which comes with a private courtyard, was sold through Alexander Phillips and David Tyrrell at Phillips Pantzer Donnelley.
Last traded for $1.22 million in 2016, its spans 90 square metres including two bedrooms and two bathrooms.
It is set on the prized north-east corner in a block of four just 100 metres from the beach.
Murray played in the midweek game which saw the NSW Blues defeat the Queensland Maroons 26-20 in the State of Origin decider.
Murray has contributed to South’s season as they seek to get back on track.
Following the 2018 season, where he played 25 times, he signed a new three-year deal.
This article was first published in the Sunday Telegraph. 
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firstname1-iYD4UYzvBa

Rabbitoh Cameron Murray buys first home

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No sale yet for Dale Thomas, the retired former Collingwood and Carlton champion, whose Glen Iris home went to weekend auction.

Marshall White listing agent Chris Barrett initially had the 19 Allenby Avenue home with $2.7 million to $2.9 million hopes.

It now comes with $2.5 million to $2.75 million indicative price guidance.

“Daisy” rebuilt the home after it was bought from Joan Thompson, the widow of the former Victorian premier Lindsay Thompson.

It cost $859,000 in 2009.

The four bedroom 1950s double-brick home has been transformed into a luxury modern home, by the 258-game veteran.

He and partner Natasha Bongiorno are potentially thinking another renovation.
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No sale yet for Dale Thomas, the retired former Collingwood and Carlton champion, whose Glen Iris home went to weekend auction

Former Collingwood and Carlton champion Dale Thomas fails to find buyer in Glen Iris

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The former chief executive of Ferrari Australasia, Herbert Appleroth has listed his Rose Bay harbourfront garden apartment.

It goes to auction next February with $13 million hopes, a record for the suburb which has seen fresh records paid during 2020.

Appleroth paid $7.58 million off the plan for the three-bedroom garden apartment in the Bord De L’eau development in 2016.

He settled on the 218sqm unit in mid-2019, about six months before he departed Ferrari. 

The triplex apartment was designed by architects MHN Design Union. 

Appleroth, an heir to the Aeroplane Jelly fortune, then sought a bespoke design from interior designers Jo Lawless and Darren Palmer.

It is fully automated, with American oak floors.

It comes with Bang &amp; Olufsen sound system.

It comes with Vitroesa Italian sliders to its private garden designed by Will Dangar.

<img alt="" height="1469" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/appleroth_rose_bay_2.jpg" width="2000">

There’s also a marble kitchen with a New York-style bar.

It is being marketed as house-like by LJ Hooker Avnu agent Michael Coombs.

Another New South Head Road apartment offering in the nearby a penthouse in the nearby Wintergarden block sold for $11.25 million after it last traded for $7.5 million in 2016.

An inland Rose Bay penthouse apartment recently fetched $7.5 million in an off the plan sale through Ray White agents who secured a record $39,000 per sqm at 1 Carlisle by Fortis. 

Appleroth now manages venture capital fund The Appleroth Future Fund.

His previous abode was on Pyrmont Wharf, which sold for a then-suburb record $13.3 million in 2017.

Appleroth reportedly plans to buy on lower north shore and a second home in Palm Beach.
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The triplex apartment was designed by architects MHN Design Union

jchancellor-FAypfDUnLy

Former Ferrari Australiasia boss Herbert Appleroth lists luxury Rose Bay apartment for record price

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The former Channel 9 boss David Gyngell and his television presenter wife Leila McKinnon have bought back in the Sydney market.

Their $4.5 million Bellevue Hill purchase came a year after they pocketed $8.4 million from the delayed settlement sale of their Dover Heights home.

The couple spend most of their time these days in the Byron Bay hinterland, ­enjoying family life and attending to a Northern Rivers tourism property empire, focused around the Hotel Brunswick.

The Sydney bolthole was bought by a company directed by the pair, the same company which owns a Bondi investment apartment.

[smartcode_project:default project_id=7758]

Gyngell and McKinnon are expected to use the luxury apartment in the 1900s residential block Villa Rossmore as their Sydney base.

Marketed as a stunning residence with house-like propositions, the apartment spans 200 sqm with its own manicured private garden.

<img alt="" height="1336" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gyngell_bellevue_hill_2.jpg" width="2000">

The sale is the biggest in Villa Rossmore since mid-2017 when Alceon Group founding partner Morris Symonds spent $5.5 million on his four bedroom duplex-like apartment.

Gyngell, the son of the late legendary Channel 9 boss Bruce Gyngell, had bought the clifftop oceanfront Wentworth Street, Dover Heights home for $1.15  million in 1998 when it was a 1940s cottage.

His sister Briony Fitzgerald and mother Anne helped design the mansion after its $1.5 million 2014 rebuild, which was then ­featured in Belle magazine.

“Every room, including the bathrooms, captures views of the ocean, coast or harbour in the distance. On a clear day you can see from Palm Beach to Wollongong,” the ­magazine reported.

Their off-market buyers in the deal, done a year before its settlement, were Adam and Alex Somerville from North Bondi, who are in the business of retirement villages.

The media couple retain their renovated Bondi Beach investment property.
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Gyngell and his TV presenter wife Leila McKinnon have bought back in to the Sydney market.



Former Nine boss David Gyngell buys Bellevue Hill penthouse

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Businesswoman Katie Page’s Gold Coast boutique beachfront development at Main Beach, M3565 has secured its biggest sale to date.

A NSW buyer has spent $5.75 million on their 315 sqm fifth floor apartment.

The sale is the third in 2020, with two lower-floor apartments selling at $4.4 million and $4.75 million.

Robert Graham, of Ray White Prestige, advised there was just the one remaining apartment available in the complex where the Harvey's retain a bolthole given ongoing Magic Millions commitments.

<img alt="" height="1315" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m3565_1.jpg" width="2000">

During its marketing Graham suggested M3565 had knocked Jade, previously the Gold Coast’s premier apartment block, from its mantle.

Like everything she turns her mind to, M3565 proved to be a cut above anything else seen on the Gold Coast.

Part of that stems from the fact that Katie Page and her husband, Gerry Harvey, are long time Main Beach devotees, so she knew the likely buyer needs.

There are seven apartments in the boutique Virginia Kerridge-designed building at 3565 Main Beach Parade.

<img alt="" height="1505" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m3565_2.jpg" width="2000">

The typical whole floor apartments come with four bedrooms and four bathrooms.

Excluding the two level penthouse, the apartments were initially priced between $5 million and $7 million.

The remaining sixth floor apartment will be marketed at more than $6 million.

The previously highest sale was $5.5 million for the fourth floor apartment in 2018 which ranked as the highest price paid for a beachfront apartment in the Gold Coast that year.

Page bought the 882 sqm site for $15.5 million in 2007 and when they formally hit the market in 2017, Page announced she was keeping the two level penthouse.

<h2>Developments Nearby</h2>

<h2>White, Main Beach</h2>

Address - 24-26 Woodroffe Avenue, Main Beach

Less than 300 metres from the beach and offering a more affordable luxury apartment is White.

The McNab developed, WMK Architecture-designed tower is offering 325 sqm full floor apartments. Each apartment has three bedrooms, three and a half bathrooms, two living areas and a verandah.

Prices start at $2.2 million for the apartments which all feature a lift to lounge elevators and two side by side car parking spaces.

<img alt="" height="1490" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/white_main_beach.jpg" width="2000">
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Businesswoman Katie Page’s Gold Coast boutique beachfront development at Main Beach, M3565 has secured its biggest sale to date

Katie Page secures biggest M3565 sale at Main Beach

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Sydney Sixers captain Moises Henriques and wife Kristy are selling in Clovelly home, having a house project up the road.
The all-rounder paid $1.17 million <a href="https://www.realestate.com.au/property-townhouse-nsw-clovelly-129554898" target="_blank">for the townhouse</a> in 2010.
Spanning three levels, the home has three bedrooms, two bathrooms and a lower level retreat adjoining the two car garage.
The open plan living space with bamboo floorboards and high ceilings open to a private courtyard with integrated barbecue, timber seating and landscaped garden beds.
There are district views from the upper level balcony.
The Agency's Bethwyn Richards and Anji Lake are marketing the property for a November 10 auction. 
The first open yesterday saw 18 groups through with a $2 million price guidance.
Henriques proposed to Krista Thomas, a former KIIS FM newsreader, last year during a romantic holiday at Lake Wakatipu in New Zealand. 
Henriques, who previously captain New South Wales, will be pulling on the magenta for the seventh year in a row in this years T20 Big Bash.
He has played for Australia in all forms of the game.
This article was first published in the Sunday Telegraph.
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Sydney Sixers captain Moises Henriques lists Clovelly townhouse

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Set to spend more time in Sydney, the Melbourne architect Rob Mills has sold his award-winning Lorne weekender, Ocean House, for $4.8 million.

It's some way higher than the $3.65 million to $4 million guide offered when it was first listed back in mid-October.

The Trade Winds Avenue property went to private auction after a number of parties showed interest in that range.

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Mills bought the 1.3 hectare Trade Winds Avenue property and built the home on a prohibitively steep site, combining the solidity of a cylindrical concrete form with the lightness and transparency of a glass and timber linear space.

“The two personalities of the house work together as one," Mills says.

"The concrete section, which houses the bedrooms is very purposeful, sheltering the house from the storms and deadening sound, in contrast to the connections with nature in the living section". The six bedroom property with rooftop entertaining deck was designed to function as two apartments, with two kitchens and a number of living areas.

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It's been a $1,400 a night holiday rental.

“Ocean House is a spectacular property and we have had the pleasure of listing this on Airbnb for so many people to experience. With multiple zones in the home, it is perfect as a coastal escape, private residence or holiday rental. Nature and the land have been vital to the design and experience at Ocean House and I hope these can be enjoyed through the lens of the beautiful architecture on offer," Mills says.

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Mills is still seeking a buyer for his luxury Melbourne residence at Armadale.

He has an $8.8 million to $9.4 million guide for the luxury home which Mills bought as a former cardboard factory.

It is now a five bedroom warehouse conversion, each bedroom with their own ensuite. 

There's a lift connecting the three levels, which includes a self-contained two bedroom apartment. There's marble floors, a black and white veined curved Italian marble staircase, one of Mills signature styles, a brass kitchen and a timber-lined 'winter-room' with a fireplace.

“Designing and living in this residence has given me so many fond memories and I am sure its bold architectural statement will endure," Mills says. "It’s exceptionally versatile and offers luxury and comfort for inner-city family living.”
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Architect Rob Mills has sold Ocean House, his award-winning Lorne weekender, for $4.8 million.



Architect Rob Mills sells Lorne weekender Ocean House for $4.8 million

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One of South Yarra’s finest homes is set to sell in the next couple of days.

The Italianate Victorian home on Domain Road, set in Paul Bangay gardens, was built by the Henty family. It was once owned by the merino wool operating Falkiner family, of the well known FS Falkiner &amp; Sons, who in the earlier 1900's was ran by the former politician and grazier Franc Falkiner.

The two level home is currently made up of two apartments, both owned by HWL Ebsworth partner Leon Gorr and wife Judith.

They paid $1.6 million for the upstairs unit, bought from the late businessman Peter Smedley and his wife Christine back in 1999, and then the ground level residence cost $5.5 million in 2011.

Abercromby’s agent Jock Langley says the provenance of the property is second to none. “The scale and scope offered to restore and redefine as one of Melbourne’s most prized assets exist due to the current occupants having the foresight to acquire the two huge apartments and now offer as one,” Langley says.

The expressions of interest close December 10, with early suggestions the home could fetch $25 million.
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