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

Trophy Home

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Lynette Rex, wife of the former Ramsay Health Care chairman Chris Rex, is the latest buyer in Noosa.

The Rex’s, who have recently traded Tamarama for a lock-up-and-leave Bondi apartment, have spent $10 million on the Noosa Sound.

It took just one FaceTime inspection through Tom Offermann agent Tom Offermann, who secured the sale off-market.

Created by architect Peter Hull, the Mossman Court home last traded for $5.1 million in 2017. <img alt="" height="1276" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noosa_2.jpg" width="2000"> Through its custom-made timber and glass front door and past the front courtyard, the four bedroom home has three bathrooms, and a home office.

Out the back there’s a deck, which spans to full width of the house and features an alfresco terrace with built in barbecue.

<img alt="" height="1332" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noosa_3.jpg" width="2000">

There’s a private white sand beach and 20 metres of waterfrontage. It was offloaded by the Flynn family, who have owned a home down the road since the late 1990s.

When the home was listed last year for $6.55 million, Tom Offermann agent Nic Hunter told prospective clients to “take the plunge, slip on the sandals and get into holiday mode every day,” calling the property a “dream home”.

"While other markets around the country are patchy Noosa, especially prestige waterfront properties on Noosa Sound, continue to deliver steady, sustainable growth with 15.5% average compound annual capital growth over 41 years."
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Lynette Rex, wife of the former Ramsay Health Care chairman Chris Rex, is the latest buyer in Noosa

Lynette Rex, wife of former Ramsay Health Care boss Chris Rex, spends $10 million in Noosa

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Around $8 million has been paid for a yet to be constructed Hamilton Hill home.

The home will be built by GRAYA on a 470 sqm block that cost $1.94 million earlier this year.

The 7 Prospect Terrace holding had been held for four decades by the prior owners.

Larc will be a six bedroom, six bathroom home with five car parking, plus its own gym, pool and cellar.

The design is by Joe Adsett Architects.

Matt Lanchashire at Ray White had the off the plan listing in conjunction with Josh &amp; Ruby Property's Josh Brown and Ruby Kiriyama-Brown.

Larc is located next door to Noir (below) that recently sold for just over $9.4 million to an expat as it was finished being built.

Noir was delivered by Zephyr Industries, spanning five storeys with 1,050 sqm of living space.

<img alt="" height="1589" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noir_hamilton.jpg" width="2000">

The five bedroom, eight bathroom manse holds river and city views from every level.

Situated at 9 Prospect Terrace, Hamilton Hill, Ray White agent Matt Lancashire held the listing which was designed by The Artificial and built by Braydon Larkin.

The property is described in the marketing material as "rivalling prestige homes in the international market," from the eight-car basement to a private master level.

The brand new Hamilton Hill residence features, swimming pool, spa, gym, sauna, office &amp; cinema, a recreation level with bar, kitchenette &amp; BBQ, four external balconies and top of the line security measures including facial and fingerprint scanning.

Graya have another two iconic projects in the early stages on Hamilton Hill.

Graya managing director Rob Gray told The Courier Mail that buying a house off-the-plan and being able to customise the design was becoming increasingly popular among wealthy buyers.
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Around $8 million has been paid for a yet to be constructed Hamilton Hill home

jchancellor

Off the plan luxury home sales popular with wealthy Brisbane buyers

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A trophy apartment in Newcastle, overlooking the harbour city, has been sold for $3,562,500.

The three-bedroom, three-bathroom apartment is in the Newport building that dates back to its construction in 2000.

Located at 17/71 Scott Street, the complex has 18 apartments.

It was offered by the Ainsworth family who were the builders of the complex, selling within a month of its listing.

The penthouse has views of Newcastle Beach to Fort Scratchley, and north across the harbour to Stockton Bight.

Set over 484sqm, the home includes two separate living areas, two entertaining terraces, exclusive use of the rooftop and the potential for a fourth bedroom.

<img alt="" height="1334" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/newcastle_2.jpg" width="2000">

The sale came with two secure parking spaces and a storage area.

The apartment's strata fees are over $12,500 per annum.

PRD Newcastle agents Mark Kentwell and Chasse Ede marketed the listing.

It was the first sale to occur in the complex this year, with the last sale being $1.125 million last December. It was a first floor unit that last sold at $520,000 in 2003.

After picking up earlier this year, Newcastle’s housing market appears to be softening, JLL’s Newcastle housing market overview recorded. 

However, as the mid and lower-end of the markets begin to show signs of weakening, the prestige and upper-end of the Newcastle property market have continued to perform relatively well. 

Newcastle’s rental market remains tight with the rental vacancy rate increasing to 2.1 per cent, up from 1.4 per cent a year ago. 

<h2>Apartment construction likely to pick up on the back of strong approvals</h2>

According to JLL's overview, the total number of dwellings approved in Newcastle more than doubled over the year to March 2020 to reach 2,000. This is in contrast to Sydney, which has seen dwelling approvals decline sharply over the same period.

64 per cent of dwellings approved were apartments, which increased by more than threefold over the year to March 2020.

SKY Residences is a new high-rise development in Newcastle, with prices for one-bedroom apartments beginning at $380,000. 

SKY offers a choice of 180 one, two, three and four-bedroom apartments with access to entertainment, transport and hotel-quality amenities, including heated outdoor pool, fully-equipped gym and landscaped garden terrace retreat.

 

 
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The three-bedroom, three-bathroom apartment is in the Newport building that dates back to its construction in 2000.



Newcastle penthouse sells for over $3.5 million

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A riverfront Maroochydore trophy apartment has been sold for $2.7 million, the highest sale this year in the town.

It was only on the market for a week with a $2.75 million asking price.

There are some 7000 units in the Sunshine Coast location.

Fronting the Maroochy River, the unit 701/14 Duporth Avenue, is location within the Platinum building.

The three-bedroom, three-bathroom home is within walking distance of the Maroochydore patrolled beach along with Cotton Tree Park.

Terri Liddell of G1 Property held the listing noting there was a "buzz about the Sunshine Coast region."

"There is now major infrastructure, including the new multi-billion dollar University Hospital, many tech hubs, and a new airport runway opening in 2020, which will be a game-changer offering direct international flights," she suggested. 

The property last sold for $2.31 million in 2015.

Last December unit 202 in the Platinum development sold for $1.8 million securing four-bedrooms and two-bathrooms.

An eighth floor apartment was listed this month asking $2,795,000.
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The apartment sold for a 2020 high $2.7 million

Riverfront Maroochydore apartment sets 2020 high

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Birkdale House, the late 1800s Birkdale cottage of the Queensland interior designer Anna Spiro is under offer.

The five bedroom 27 Roger Street offering was listed through Sarah Hackett of Place Bulimba in August. 

Spiro’s house was for sale with the option of buying part, or all, of the furniture.

It sits on a 2,213 sqm block amid landscaped gardens. 

Its original heritage features, including decorative breezeways, VJ walls, casement windows, tiled mosaics, polished timber floors, picture rails and ofcourse lofty ceilings.

Large wraparound verandas extend the indoor living spaces outside and towards the pool.

On its listing Ms Spiro told The Courier Mail that living at Birkdale House was like living in the country, despite being a 30-minute drive from the centre of the CBD on Brisbane’s bayside.

Spiro and her husband Brad paid $1.2 million in 2010.

The property falls within Birkdale State School and Wellington Point State High School catchment areas.
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Birkdale House, the late 1800s Birkdale cottage of the Queensland interior designer Anna Spiro is under offer

Interior designer Anna Spiro's Birkdale House under offer

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Jenny Rose-Innes, who describes herself as "a serial renovator and garden maker" has sold her charming Bowral cottage, finding a $4.25 million buyer in just two weeks.

She's been building houses and gardens for over 40 years.

Her latest creation had a home on its 1560sqm marketed as Connecticut style by Di Jones agent Michael Cawthorn.

<img alt="" height="1372" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/innes_bowral_2.jpg" width="2000">

Rose-Innes hails from South Africa, coming to Australia with her husband and family a little more than a decade ago. 

Rose-Innes, who wrote Australian Designers at Home, and the more recent bestseller, British Designers at Home, had paid $1,275,000 in 2015, having found the neg­lected cottage on an evening walk with dogs, Miss Penny the schitzu and Fergus the schnauzer.

“Bringing this cottage back to life, very simply, was joyful,” Rose-Innes blogged.
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“Bringing this cottage back to life, very simply, was joyful,” Rose-Innes blogged.

Jenny Rose-Innes sells Bowral cottage for $4.25 million

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There are $5.5 million to $6 million hopes for the historic Melrose, the 1875 Victorian era home Harkaway.

Melrose was built for the late Australian health economist John Deeble on land subdivided from the original Berwick Run squatted by Robert Gardiner.

In 1938 it became the Try Boys' Home, a training farm for disadvantaged youth.

It was resorted during the 1960s ownership by Noel and Marlene Gould, with the help of architects Whitman and Peck.

<img alt="" height="1268" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melrose_4.jpg" width="2000">

The house has far-reaching views towards Port Phillip and Western Port Bay, and at night the lights of Melbourne twinkle in the distance.

The home remains on eight hectares of grounds featuring a pool, a tennis court, a self-contained apartment, horse stables and 10 divided paddocks.

<img alt="" height="1393" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melrose_2.jpg" width="2000">

There is also an orchard with more than 150 fruit trees, plus a chicken roost and an original well.

The property has been listed through Barry Plant Berwick agent Paul Dabb.

It was last sold 12 years ago at $2.475 million.

<img alt="" height="1351" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melrose_3.jpg" width="2000">

At its 1990 auction historic Melrose, then on 22 hectares, attracted a bid for $2,450,000, $400,000 short of its reserve price.

Parkway is a suburb some 39 km south-east of Melbourne's central business district. 
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Melrose was built for the late Australian health economist John Deeble on land subdivided from the original Berwick Run squatted by Robert Gardiner

Historic Melrose at Harkaway listed with $6 million hopes

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Two Edwardian period homes in Melbourne’s inner suburb of Malvern have sold for $6.85 million.

Located at 16 &amp; 18 Thanet Street, the site, which didn’t have development potential, comprised of two unrenovated homes formerly owned by Lady Nell Seeing Eye Dog School.

Prestige Homes of Victoria’s Sean Cussell, who marketed the listing, described the result as a solid result for the vendors and a good indicator in the strength if the inner Melbourne property market.

“We had six offers on the properties through the expression of interest process and the buyers are very happy with their new homes”, he said.

Each of the homes featured four bedrooms, multiple living rooms and original features, including open fireplaces, stained-glass bay windows and fretwork-trimmed verandah.

The 631sqm property at 16 Thanet Street is rumoured to have sold for $3.65 million, while the 836sqm property at number 18 sold for $3.2 million.

Situated within a heritage overlay area, the two homes were deemed significant which likely restricted their development potential.

The homes were sold individually to local families and both buyers intend to renovate the homes immediately.
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Situated within a heritage overlay area, the two homes were deemed significant which likely restricted their development potential

max.kwok_55688

Two Edwardian homes sell in Melbourne's Malvern for over $6.5 million

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<div class="lead-image media">Eraring's 7 Foreshore Street has been sold for $6 million McGrath Toukley agent Chris Smith.</div>
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<div class="lead-image media">The luxury home features six bedrooms, six bathrooms and a 14-car garage.</div>
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<a href="https://www.realestate.com.au/sold/property-house-nsw-eraring-133831498" target="_blank">Mandalay</a> sits on 6.75 acres on the peninsula.</div>
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There were six registered bidders, mainly out of Sydney, with a Sydney businessman securing the property for use as a weekender with 481 metres of waterfront reserve boundary.
It is 30 minutes via helicopter to Sydney airport.
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$6 million sale of a luxury waterfront Eraring estate on Lake Macquarie

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Sylvia Myers, wife of high net wealth adviser Lawrence Myers, has bought at Cottage Point.
The five-bedroom weekender on deep water frontage sold for $4.25 million.
It comes with a private jetty.
It last sold at $1.35 million in 2002.
Domain reported it was sold by artist Tracy Greenstone. 
It is one of 52 homes in the neighbourhood.
 
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