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

Williamstown

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The NAB bank boss’s former chief of staff Rosemary Rogers has listed her Williamstown home, according to Your Money.
The television network's chief business reporter Leo Shanahan reported the listing was not on websites, but just had a sign on its front fence.
Rogers bought <a href="https://www.realestate.com.au/sold/property-house-vic-williamstown-126276766" target="_blank">her $3.8 million trophy home</a> with an NAB mortgage in September 2017 with her husband.
It was alleged the $380,000 deposit was paid to the real estate agent by Helen Rosamond from The Human Group.
She has resigned from NAB after years working as executive assistant to the previous CEO, Cameron Clyne, and then chief of staff to Andrew Thorburn.
NSW Police searched Rogers' home in the Melbourne suburb last December.
The senior executive at the National Australia Bank has since been charged with 56 offences after voluntarily flying to Sydney from Melbourne for questioning over an alleged $40 million fraud surrounding the bank.
The elegant four-bedroom Victorian home in Williamstown was built in 1880 on 1000 square metres.
It boasts a tessellated tiled veranda.
The Williamstown home also features a barbecue kitchen, pizza oven and a climate-controlled pavilion with indoor pool.
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firstname1-iYD4UYzvBa

Former NAB chief of staff Rosemary Rogers lists Williamstown trophy home

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A three level Williamstown trophy home has sold under the auctioneers gavel for $3,435,000.
The four bedroom, two bathroom house went to auction with a reserve price of $3.35 million
Nathan Smith and Rosemary Jamonts of Raine &amp; Horne marketed the property.
Situated at 31 Electra Street, the listing describes it as "an extravagant masterpiece with every conceivable extra".
<img src="https://www.urban.com.au/images/2019/10/29/Electric%20st%201.JPG" alt="">
With floor space spanning 425 square metres, the home hold northward views through large skyward windows.
Last sold for $1.3 million in May 2014, according to CoreLogic a DA valued at $284,778 for a dwelling was filed in June and September 2014.
The home also features an in ground heated pool with an underwater window, a gymnasium and a home theatre.
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j.ballantyne1990-6AQqhLzZaK

Williamstown trophy home sold for $3,435,000 at auction 

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Osborne House, one of Williamstown's oldest homes, has hit the market.
The <a href="https://www.realestate.com.au/property-house-vic-williamstown-131696978" target="_blank">two storey stuccoed stone house</a>, built in the 1850s, is one of just a handful of houses built pre 1860s in the suburb south west of Melbourne.
Osborne House was constructed by John Lamont with a two level verandah supported on masonry side walls and superposed, square-section column pairs, forming a porch like portal at the centre.
In 1,010 sqm grounds with established Pepper trees, Osborne House nine principal rooms, including a formal reception and five bedrooms.
<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/2019/8/8/Osborne%20House%202.jpg" alt=""> 
There's also a walk down wine cellar.
Raine &amp; Horne Williamstown agents Rosemary Jamonts and Nathan Smith have a $3.5 million guide for its September 14 auction.
The home, which hasn't traded hands for three decades, was used as a school for a long period last century. 
 
 
 
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jrobinson-rf4aSBido9

Osborne House, one of Williamstown's oldest homes, listed for sale

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The award winning Captains Retreat B&amp;B at Williamstown has hit the market with $2.75 million to $3 million hopes.
It has been offered by Kaye Gerlach from Pagan Real Estate Travancore. 
Originally named Britanica, the house at<a href="https://www.realestate.com.au/property-house-vic-williamstown-131289062" target="_blank"> 2 Ferguson Street</a> was built as a single four room cottage in 1862 and then extended in 1880 for a ship Captain and his family.
The Captains Retreat B&amp;B won the Hobson Bay Business Excellence Awards five times since 2011. 
 
The renovated house features a flexible floor plan including seven bedrooms, eight bathrooms, three living rooms, two kitchens, and a separate manager's apartment. 
<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/2019/6/5/williamstown%203.jpg" alt="">
Situated on a 421 square metre allotment, it comes with a large north-facing rear deck, walled garden, and rear vehicle access via both real and side laneway. 
It is also suitable for business premises, B&amp;B, restaurant, cafe or separate apartments. 
To spend the night costs $180 - $295 depending on the length of the stay and the number of people.
The expressions of interest campaign for the property ends June 26th. 
<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/2019/6/5/williamstown%202.jpg" alt="">
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Williamstown's Captains Retreat B&B hits the market

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Former NAB chief of staff Rosemary Rogers and husband Anthony have put their Williamstown trophy home on listing websites with an accompanying official price guidance.
It was previously an off-market offering.
The couple are seemingly resigned to make a loss on the Power Street property that cost $3.8 million in late 2017.
It is now being marketed with a $3.5 million to $3.8 million price guide with offers due July 4.
The 1800s Victorian has four original era bedrooms and two bathrooms off an arched hallway at the front of the house. 
The rear of the home has been architecturally renovated, featuring a modern open plan kitchen, a retreat, living room and third bathroom.
There's an indoor pool with its own climate controlled pavilion at the rear of the 1,010 square metre plot.
RT Edgar Inner West agent Joanne Royston has the listing.
Rogers, who was the chief of staff for former NAB boss Andrew Thorburn, was charged in March with 56 counts of being an agent corruptly receiving a benefit, and dishonestly obtaining financial advantage by deception.
This article was first published in the Weekend Australian. 
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The Williamstown home of legendary racing broadcaster Greg Miles has been listed for sale.
Miles, who called a record 36 Melbourne Cups before retiring last year, is tipping a $2.3 to $2.5 million price guide.
It comes with five bedrooms and a pool.
It is set to be auctioned on <a href="https://www.realestate.com.au/property-house-vic-williamstown-129775938" target="_blank">December 1</a>.
The Edwardian home sits on a 552 square metre lot opposite the beauty of Robertson Reserve. 
It comes with over 30 squares of living space.
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Racing broadcast legend Greg Miles lists in Williamstown 

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The Leaf House, the Damian Rogers-designed Williamstown home that blends the 1890s Victorian with a bold extension, has sold for $2.55 million.
The striking home at <a href="https://www.realestate.com.au/sold/property-house-vic-williamstown-129161194" target="_blank">17 Courtis Street</a> had a guide of $2 million to $2.2 million through RT Edgar Williamstown agents Joanne Royston and Sam Wilson.
The Leaf House, named for its butterfly like extension, was listed by creative couple, photographer Andrew O’Toole and his celebrity hair and make-up artist wife Kylie.
<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/2018/9/24/leaf1.jpg" alt="">
The home with interior design by local designer Jessica Bettenay, has featured in the Victorian Architecture Awards, Inside Out Magazine and magazines in the UK.
Each of the three bedroom offer different features.
The first has its own study and a walk in wardrobe conceleaed behind a feature wall.
<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/2018/9/24/leaf3.jpg" alt="">
The second bedroom has its own reading loft while the master bedroom comes complete with skylights, a concealed walk in robe, a bespoke bathroom with hand-made stone egg bath and an upstairs private studio.
The kitchen and living area with Falcon cast iron oven and cooktop sees another concealed room, a home office, as well as an open fireplace and exposed aggregate concrete floor.
The dining room opens to an alfresco courtyard, which is linked to another courtyard by a pond. Stairs lead to a rooftop garden with four wicking garden beds and a private deck.
 
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Williamstown's The Leaf House soars at auction 

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Former Collingwood player Jason Cloke and wife Nicole have sold their Williamstown home before its weekend auction.
The couple, who are moving their family to Queensland, had $3.03 million to $3.2 million hopes for the contemporary home that Jason renovated himself.
They had paid $1,565,000 in 2015 for the traditional 1910 Victorian cottage that now has five bedrooms, two bathrooms and a state of the art kitchen.
Cloke added a second level dedicated solely to the master retreat.
The rear pool has been extended and is now solar and gas heated.
There's a two hole putting green adjoining the man cave in the four car garage.
Greg Hocking Elly Partners agents Leigh Melbourne and Wayne Elly secured the pre-auction sale.
Cloke, who now runs a carpentry business, spent four years with Collingwood, following in the footsteps of their father David Cloke who was also a Richmond star. 
This article was first published in the Weekend Australian.
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Jason Cloke sells Williamstown home before auction

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The latest apartment building within Williamstown's Waterline Place development has reached structural completion.

Gem is a 10 storey Elenebrg Fraser-designed complex which has been entrusted to head contractor Buildcorp Commercial. Architect, builder and developer AV Jennings' personnel marked the occasion earlier this week with a ceremonial ribbon cutting.

The <a href="/buildings/gem-25-windsor-terrace-williamstown">undulating building</a> form now fronts Kanowna Street and enjoys unfettered view of Port Phillip Bay and Melbourne's CBD.

AV Jennings' Victorian General Manager Angus Johnson noted Waterline Place's overall importance to both the developer and wider Williamstown community. Heavily vested in house and land projects, Waterline Place marks the developer's first foray into the Melbourne apartment market.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image5_23.jpg" rel="gallery-all" title="AVJennings' Angus Johnson during the photo opportunity"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image5_23.jpg?itok=4WCwa_-N" title="AVJennings' Angus Johnson during the photo opportunity" width="580"></a>

<figcaption>AVJennings' Angus Johnson during the photo opportunity</figcaption></figure><blockquote>
Yesterday we shared an intimate celebration complete with future residents and the various consultant teams who have been instrumental in bringing Gem to life, serving to demonstrate the project’s ongoing commitment to creating a close-knit community.

Gem topping out is a proud moment for AVJennings as it represents a significant milestone in the delivery of beautifully-appointed, quality apartments to an area where supply is incredibly limited and demand is at an all-time high. Gem at Waterline Place has offered local downsizers the opportunity to stay in the suburb they know and love while not compromising on quality, so we are thrilled to be one step closer to welcoming these residents into their homes.

Momentum is really building across the masterplanned community now so the entire team is looking forward to continuing to nurture the Waterline Place community as it establishes.
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image3_15.jpg" rel="gallery-all" title="Gem as designed by Elenberg Fraser"><img alt="" class="image-article-full-width-580px" height="248" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image3_15.jpg?itok=nSgCztUj" title="Gem as designed by Elenberg Fraser" width="580"></a>

<figcaption>Gem as designed by Elenberg Fraser</figcaption></figure>To date 70 per cent of Gem's buyers are from Williamstown, with select purchasers choosing to amalgamate multiple apartments to create larger homes. As internal fitouts progress on Gem, AV Jennings will turn its eye toward the next stages of development which constitute Waterline Place's $450 million end value.

Overall the development is earmarked for 510 dwellings; a mix of 100 townhouses and 410 apartments. Gem and the completed Rosny apartment building amount to 175 of the total 410 apartments.

Elenberg Fraser has also designed an eight storey, 62 apartment building at 3-39 Nelson Place, although that building has yet to come to fruition as part of the overall development.

Waterline Place in its entirety has a nominal completion date of 2022.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image6_23.jpg" rel="gallery-all" title="Elenberg Fraser's initial Nelson Place design"><img alt="" class="image-article-full-width-580px" height="325" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image6_23.jpg?itok=5kz26XAv" title="Elenberg Fraser's initial Nelson Place design" width="580"></a>

<figcaption>Elenberg Fraser's initial Nelson Place design</figcaption></figure>
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silvermb

Waterline Place sees another apartment building make its mark

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Melbourne's top weekend auction sale was when a Sydney buyer secured a luxury $2,062,000 Williamstown townhouse.
The <a id="LPlnk408407" class="x_OWAAutoLink" href="https://www.domain.com.au/4-stanley-street-williamstown-vic-3016-2014367621" target="_blank" rel="noopener noreferrer">4</a><a id="LPlnk157413" class="x_OWAAutoLink" href="https://www.realestate.com.au/sold/property-house-vic-williamstown-128317538" target="_blank"> Stanley Street</a> three-bedroom home was built two years ago, with a rooftop terrace overlooking the bay towards the city.
<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/2018/6/12/williamstown2.jpg" alt="">
It had been offered by Williams agent Michael Harvey with $1.8 million to $1.9 million hopes.
Williamstown's median house price sits at nearly $1.5 million.
 
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