Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Toorak

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A widely reported late 2018 property news story that a Toorak mansion had been sold for around $52 million, the second-highest price ever paid in Victoria, has been taken down from the Domain website.
The exclusive story had been published suggesting that the residence at 53-55 Irving Road had sold off market for a strong price.
The published article came without details on its exact sale price nor the alleged buyer’s identity.
It was reportedly sold by the Ebeyan family who bought it from the Zeigler family in 2002, according to the article published on the Domain website.
<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/2018/12/7/Irving1.jpg" alt="">
"The residence at 53-55 Irving Road is said to have sold in a quiet deal without being advertised for sale, Domain understands," readers were told.
There was a subsequent report in the Herald Sun suggesting the buyer knocked on the front door to secure the home.
Both websites have since removed the story from publication and the $52 million sale has not appeared in the end of year top sales list.
Title Tattle understands that the day after the article was published, a family member advised Domain the article was "completely inaccurate."
The family also advised it had been "unprofessional to print names."
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><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/2019/1/1/Strip%20ad%20keep%20up%20in%202019.jpg" alt=""></a>
The reputedly sold home sat on about 2000 square metres of land.
Even in the originating article, agents in the exclusive enclave had "raised eyebrows" at the reputed price given it didn't really match its land size.
The Stonington mansion sale by art dealer Rod Menzies holds <a href="/news/malverns-stonington-sets-52-5-million-victorian-residential-price-record">the $52.5 million Melbourne record</a>, for the 1890s home on 1.2 hectare.
It's followed by tech entrepreneur <a href="/news/record-38-8-million-toorak-sale-to-ruslan-kogan">Ruslan Kogan’s $38.8 million purchase</a> of a Toorak home from telecommunications investor Philip Cornish.
In third place <a href="/news/the-40-million-toorak-trophy-home-sale-details-emerge">Qi Yang bought the residence</a> of former Mirvac director Marina Darling for $38 million.
The <a href="/news/9-towers-road-toorak-sold-by-besen-family">$26.25 million sale</a> of the contemporary Toorak home of Daniel and Danielle Besen held the record in 2016.
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firstname1-iYD4UYzvBa

Mystery $52 million Toorak sale story taken down by Domain website

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A Toorak modernist home designed by popular mid-century architect Anatol Kagan has hit the market.
Located at <a href="https://www.realestate.com.au/property-house-vic-toorak-129849898" target="_blank">4 Theodore Court, Toorak</a>, the home is for sale through an expressions of interest campaign ending December 10.
It has a price guide of $3.75 - $4 million.
<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2018/11/23170031/capi_53ca080226ad44e6319fcbf6a9fd992c_9a7fcb68649d10a78242a2db9e3f005c.jpeg" alt="" data-capiid="9a7fcb68649d10a78242a2db9e3f005c">
The property is located six kilometres from Melbourne’s CBD.
Last sold in 2007, the 1956 home went for $1.45 million.
The house also features a rooftop terrace.
<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2018/11/23170049/capi_53ca080226ad44e6319fcbf6a9fd992c_a4393da342889c93429d7299a7a508ab.jpeg" alt="" data-capiid="a4393da342889c93429d7299a7a508ab">
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j.ballantyne1990-6AQqhLzZaK

Modernist Toorak home designed by Anatol Kagan listed

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A Toorak mansion has reputedly been sold for around $52 million, the second-highest price ever paid in Victoria.
<div class="in-content-ad">It is whispered the residence at 53-55 Irving Road sold off market, though without details emerging on its exact sale price or buyer’s identity.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">It was reportedly sold by the Ebeyan family who bought it from the Zeigler family in 2002, according to Nine Entertainment's Domain website.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">"A number of industry insiders confirmed the existence of the deal to the Domain Group," it advised.
</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad"><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/2018/12/7/Irving1.jpg" alt=""></div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">
 The Herald Sun subsequently suggested the buyer knocked on the front door to secure the home, without any agents being involved in the reputed negotiations.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">The home at 53-55 Irving Road sits on about 2000 square metres of land.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">The Stonington mansion sale by art dealer Rod Menzies holds the official confirmed $52.5 million record followed by tech entrepreneur Ruslan Kogan’s $38.8 million purchase of a Toorak home from telecommunications investor Philip Cornish.</div>
Qi Yang bought the residence of former Mirvac director Marina Darling for $38 million.
The $26.25 million sale of the contemporary Toorak home of Daniel and Danielle Besen held the record in 2016.
UPDATE The Ebeyan family advised Domain via a tweet on the day following publication that the article was "completely inaccurate."
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Mystery $52 million Toorak sale

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Legendary fashion designer Fella Hamilton is selling her Toorak apartment.
She's asking $5.7 million to $5.95 million for the European-inspired, Nicholas Day-designed three bedroom, three bathrooms apartment on St Georges Road.
Just one of two ground floor apartments in the block, its French doors open to gardens which feature a pool.
Hamilton paid $1.8 million in 1998 when she bought with her late husband, Melbourne businessman Dick Harbig.
Kay &amp; Burton South Yarra agents Robyn Feigen and Michael Gibson are seeking offers until December 13.
Hamilton began her eponymous label in 1969 expanding to 30 stores.
The company is now ran by her son David and his wife Sharon.
Fella's original dream of designing fashionable items for women, who like her at the time were in their 40s.
This article was first published in the Weekend Australian. 
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Fashion designer Fella Hamilton lists Toorak apartment 

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A Toorak home belonging to Melbourne’s billionaire Munz family has been listed for sale.
The Reliance Group plumbing family paid $8.05m in 2015 when buying from BMF construction’s Ian Wright.
Wright had bought it from Andrew Cannon, Australia’s honorary consul to Monaco, for $6.5m as a flip.
It had been the longtime home of his late father, Dr Rob Cannon, since the 1960s. Dr Cannon was a celebrity dentist with American business tycoon Howard Hughes among his clients.
The now updated Albany Street home has a price guidance of $11.5m-$12.5m from Kay &amp; Burton agents Michael Gibson and Robyn Feigen.
Set in 1245sq m of gardens, it has four bedrooms, three bathrooms and a number of reception rooms.
The Munz family joined the Melbourne billionaire ranks in 2016 after they listed Reliance Worldwide on the ASX.
This article was first published in The Weekend Australian.
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Billionaire Munz family lists Toorak home

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John Zeigler, the retired Asia Pacific chairman of the ad agency DDB, and wife Lisa are selling Palmilla, their luxury Toorak home.
The Heyington Place home was commissioned in the 1930s by the establishment Shelmerdine family.
The Zeiglers have undertaken the home's transformation over their near 16 year ownership. They paid $3.4 million back in 2002.
All furnishings and finishes have been exclusively designed or sourced, from the French Oak and travertine flooring to the bespoke wrought iron and glass internal doors.
<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/2018/9/7/heyington3.jpg" alt="">
The six bedroom, five bathroom home sits in private 2,285 square metres of established gardens with a gas heated swimming pool and a tennis court.
The family room features a fireplace wrapped in floor to ceiling sandstone and banks of glass, taking in the garden views.
The basement garaging for over 10 cars doubles up as another entertainment space with a bar.
Kay &amp; Burton South Yarra agent Michael Gibson has a $27 million to $29.5 million guide. 
Zeigler stepped down from DDB in 2015 after spending nearly three decades with the agency.
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Toorak trophy home Palmilla listed by former ad boss with near $30 million hopes

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Palmilla, the luxury Toorak home of the retired APAC chairman of ad agency DDB John Ziegler and wife Lisa, has sold. 
There's been no price reveal but it's suggested it fell just short of the recent price hopes of $23 million plus.
The Heyington Place home (above and below), commissioned in the 1930s by the Shelmerdine family, had been initially offered in spring last year with a guide of $27 million to $29.5 million.
The Zeiglers paid $3.4 million back in 2002.
The six bedroom, five bathroom home sits in private 2,285 square metres of established gardens with a gas heated pool and a tennis court.
<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/2019/12/19/Palmilla.jpg" alt="">
The basement garaging for over 10 cars doubles up as entertainment space with a bar.
Carmyle, the grand Toorak trophy home that was among the earliest in the suburb, has also been sold, believed to be for around $13.5 million.
It was listed for sale in October with a guide of $12.5 million to $13.75 million.
It was listed by the Gunter family, who have owned the home since 1969.
The 23-room Victorian Italianate manor (below) was designed by Francis Maloney White in the late 1870s for Scottish pastoralist Archibald Fisken.
<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/2019/12/19/Carmyle.jpg" alt="">
The home has up to 14 bedrooms, six bathrooms, a number of kitchens, a reception hall, a refined sitting room and a ballroom.
Now on 2000 square metres, the estate once extended from Kooyong Road to Albany Road. 
This article was first published in The Weekend Australian.
 
 
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Toorak trophy homes Palmilla and Carmyle sell

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The luxury Toorak build of former boxer turned millionaire home builder Gary Simonds and his son Mark has been sold.
The development father and son duo spent $6.65 million on a 1960's Teringa Place home in 2016 and went about building an opulent glass encased home (above and below).
The property last sold for $4,105,000 in 2010.
Teringa Place only holds five homes. 
<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/2018/8/20/teringa1.jpg" alt="">
Retail tycoon and Rivers boss Phil Goodman sold to the Simonds family who had the curved front facade by FGR Architects.
The <a href="https://www.realestate.com.au/property-house-vic-toorak-128192390" target="_blank">contemporary curved home</a> with over 1,020 sqm of living space has five bedrooms, each with their own walk in wardrobes and ensuite. The interiors have been overseen by the property styling company Leloft.
On the ground level there's a formal lounge, study, open plan kitchen and dining room and an informal sitting room which opens to a private north facing rear swimming pool and spa, overlooked by an outdoor entertaining area.
There's a gym, theatre and seven car basement garaging.
<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/2018/8/20/teringa2.jpg" alt="">
RT Edgar Toorak agents Oliver Booth and Abby Innes were marketing the home as Toorak's finest, seeking expressions of interest until May 28.
There were almost 400 inspections during its extended campaign.
Construction was only completed a week before it was listed.
They had a guide of between $15.5 million to $17.05 million.
Gary Simonds founded Simons Property Group, where Mark is a non-executive director.
 
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$15 million plus Teringa Place, Toorak spec home sale by the Simonds family

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Former AFL star Chris Tarrant and wife Lauren have quietly sold their newish Toorak home for $7.86 million.
Set on 640 sqm it was sold off market to Joseph Sgroi, the celebrity obstetrician whose most recent baby delivery was Noah Montagna, the first baby of Erinn and Leigh Montagna.
The property last sold at $5.3 million when offloaded by Jennifer Keyte in 2014 when marketed as an early 1990s Wayne Gillespie-designed home built on the perimeter of Miegunyah, the Grimwade estate.
Tarrant, who played for the Collingwood Football Club, and then at Fremantle, hived off the corner portion to maximise the site's potential. 
This article was first published in the Weekend Australian.
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Chris Tarrant sells Toorak home to celebrity obstetrician

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A newly completed Washington Street, Toorak penthouse which came with initial $20 million hopes has been sold, reputedly at a still impressive $16 million plus.
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The 1000 sqm space atop Orchard Piper’s luxury development boasts pool, yoga room, sauna, and 1300-bottle wine cellar.
The three bedroom penthouse is accessed via private lift from its four car garaging.
One of six residences in the development, its occupies the entire third floor.
<div id="unruly-publisher-marker__inArticle">It was marketed by selling agent Marcus Chiminello of Marshall White as “without peer in Toorak.” It sold to a local downsizer at what was nearly double the previous $8.2 million Toorak record.</div>
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<div>The lower level sales ranged from $4.1 million to $6.8 million with buyers including members of the Smorgon, Nitschke and Iglicki families.</div>
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<div>The $25 million Melbourne apartment price record remains with the Australia 108 penthouse in Southbank, sold offshore and off the plan in 2015.</div>
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<div>This article was first published in the Weekend Australian.</div>
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