Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<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/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Balwyn

Enso is a new development comprising four two-storey townhouses and one single-storey home in the inner-east Melbourne suburb of Balwyn.

Perfectly placed within the leafy neighbourhood, the five generously proportioned&nbsp;parkside residences have been delivered by Melstone to promote a peaceful lifestyle.

[smartcode_project:default project_id=27328 project_image_fid=175441]

&ldquo;A gentle&nbsp;pace characterises this prestige community, highly sought-after for its&nbsp;pretty period homes, well-regarded schools and peaceful parklands&rdquo;, the development is marketed as.

Designed by Parallel Workshop, each townhome boasts a double garage, outdoor terrace and private gardens complementary to neighbouring Beckett Park.

Timeless fa&ccedil;ades are elegantly detailed, with vertical lines, soft timber finishes, herringbone underfoot, Gaggenau appliances and contemporary joinery pieces.

[smartcode_project:default project_id=27328 project_image_fid=175444]

High ceilings in the interior make each living space feel generous and luxurious, while earthy tones and an art deco feel provide elegance and harmony with nature.

Each townhome sits on a lot between 316sqm to 433sqm, offering total internal areas of between 159sqm and 322sqm.

According to the statement of information filed in 2019, the homes are listed from $1.995 million.

Enso&rsquo;s location in Balwyn provides an exemplary mix&nbsp;of ease and tranquillity, the developers note.

[smartcode_project:default project_id=27328 project_image_fid=175445]

A 15-minute walk&nbsp;through tree-lined streets leads to Balwyn&rsquo;s shopping&nbsp;strip, where a selection of shops and caf&eacute;s tempt&nbsp;locals.

The historic&nbsp;Palace Balwyn cinema is abound with art-deco charm;&nbsp;where classic lines and decorative flourishes adorn&nbsp;the fa&ccedil;ade.

The 109 tram servicing Whitehorse Road&nbsp;takes you all the way to Melbourne&rsquo;s CBD in 30&nbsp;minutes, making accessibility a breeze.

[smartcode_project_cta: project_id=27328]

Perfectly placed within the leafy neighbourhood, the five generously proportioned parkside residences have been delivered by Melstone to promote a peaceful lifestyle

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Just five parkside townhouses in Balwyn's luxury Enso development

Enveloping Melbourne&rsquo;s much-loved eastern suburbs, the City of Boroondara boasts a stylish, refined atmosphere perfect for families.

The lovely, leafy region lies only five kilometres east of the Melbourne CBD, making it a popular residential area.

Its become highly competitive over the last decade thanks to its quaint shopping strips, lush parks, period homes and excellent schools.

Urban takes a look at three family homes on the market in the Boroondara LGA now.

1. Hawthorn Park, Hawthorn East 
Address: 33 Camberwell Road, Hawthorn East VIC 3123 
Four-bedroom apartments from $1,872,000

[smartcode_project:default project_id=3730 project_image_fid=158928]

Delivered by the Dahua Group, Hawthorn Park comprises 368 residences spread across seven floors and five buildings.

The development reimagines the norm of apartment living, featuring floor to ceiling windows and large garden balconies providing private vistas of the communal park.

Designed by Rothelowman, the project boasts unparalleled amenities - from Melbourne&#39;s first sky pool, theatre rooms, a stunning sky lounge and approximately 2000 sqm of parkland curated by landscape architect&nbsp;<a href="/news/jack-merlo-sheds-light-on-the-landscape-design-for-hawthorn-park" target="_self">Jack Merlo</a>.&nbsp;

2. Elision, Kew 
Address: 68 Walpole Street, Kew VIC 3101 
Four-bedroom townhomes from $2,520,000

[smartcode_project:default project_id=5804 project_image_fid=35695]

Elision homes epitomise world-class design with breathtaking luxury, proudly positioned on tree-lined Walpole Street in the heart of Kew.

Each of the 14 luxury townhouses in the collection offers wide open spaces, finely crafted details and simple yet bold forms.

Designed by CHT Architects, the homes feature high ceilings, spacious rooms, neutral tones and ground floor courtyards.

3. 60 Relowe Crescent, Mont Albert 
Address: 60 Relowe Crescent, Mont Albert VIC 3129 
Four-bedroom apartments from $1,540,000

[smartcode_project:default project_id=25409 project_image_fid=133518]

Situated in Mont Albert, the Relowe Residence delivers homebuyers luxury design in an ideal Melbourne location.

The development is surrounded by opulent sunshine and fantastic landscaping, as well as retail, dining and lifestyle amenities.

The home&rsquo;s layout features oak timber flooring, quality carpet, alfresco entertaining areas and a northerly oriented courtyard, complete with compact lawn areas and low-maintenance landscaped gardens.

The City of Boroondara boasts a stylish, refined atmosphere perfect for families

Top four-bedroom family homes in Melbourne’s Boroondara from $1.54 million

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The boutique townhouse development Boston in Melbourne's Balwyn has seen half of its townhouses snapped up before construction commences in the coming months.

Marshall White's director of projects Leonard Teplin puts the sales success down to the coveted location of Boston, set in the heart of Balwyn on Boston Road.

"Coveted locations like Balwyn lead the market for any property resurgence," Teplin says.

Teplin says buyers are already benefitting from the house price growth Melbourne is currently seeing, which is more prevalent at the top end of the market, according to CoreLogic.

"Buyers who have already gone ahead and considered opportunities such as Boston as a way to own a four bedroom brand new home from $2.15 million, where new homes on a standard quarter acres block are now well ahead of this mark in famous streets like Boston Rd.

"It’s a chance to lock in a new home purchase today, where any capital grown shown from the day of sale till settlement is then for the buyers benefit.

[smartcode_project:default project_id=29046]

Boston, a boutique development of just seven townhouses delivered by JT Property Group, has been designed by Mim Design with the deep-rooted wine history of Balwyn considered.

In 1859, vigneron Andrew Murray bought 103 acres of land to realise his dream of producing world-class wines. He named his estate Balwyn, combining ‘Bal’ (Gaelic for home) and ‘Wyn’ (a Saxon word for vine) to create ‘the home of the vine’.

"We are exceptionally proud of our design for Boston — the period details that give the homes character and the contemporary elements that provide incredible comfort," Mim Design principal Mim Fanning said.

"Every detail within Boston is bespoke and high-end, from the angle of a timber stair to the curved stone of an island bench.”

<a href="/buildings/boston-16-boston-road-balwyn"><img alt="" height="1021" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/boston_3.jpg" width="1600"></a>

The seven townhouse sit in landscaping by John Patrick Landscape.

Teplin advises that all of the buyers so far are owner-occupiers.

"Some currently live within a two kilometre radius of Balwyn , others grew up in the area and having now moved further out are keen to return and provide their children the same family environment and schooling opportunities that they grew up in," Teplin says.

 
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Marshall White's director of projects Leonard Teplin puts the sales success down to the coveted location of Boston

Luxury Balwyn townhouse development Boston over 50 per cent sold as construction looms

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The five-bedroom Mark Richards designed home at Balwyn has been listed for sale.
Set 10km east of Melbourne CBD, Marshall White have $5 million to $5.3 million hopes.
The Boston Road home was built in 2005 making the most of its northerly aspect with generous glazing across three levels.
<img src="https://www.urban.com.au/images/2020/5/26/Mark%20rich%202.JPG" alt="">
 There is a chef’s kitchen.
The home comes with a home cinema, landscaped gardens, spa, external games room, four-car basement garage, cellar and gym.  
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j.ballantyne1990-6AQqhLzZaK

Mark Richards-designed Balwyn trophy home listed

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A Balwyn home has hit the market with $5 million hopes. 
With 925 sqm, the property features an astounding five-bedrooms and six-bathrooms and a grand entrance. 
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-05-14%20at%204.07.37%20pm.png" alt="">
An abundance of natural light fills the gas-heated indoor pool and spa to provide year round entertaining. 
The lavish home also offers premium features such as the private sauna, cinema room and Putting Green. 
<img src="https://www.urban.com.au/images/Screen%20Shot%202020-05-14%20at%204.07.24%20pm.png" alt="">
Located at <a href="https://www.realestate.com.au/property-house-vic-balwyn-133499586">306 Union Road</a>, this home is just minutes from East Balwyn villages and the 109 tram, as well as Melbourne’s leading private schools. 
The home is listed by Nicholas Scott’s Rob Caniglia with a price guide of $4,950,000 to $5,445,000. 
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Balwyn trophy home hit the market seeking $5 million

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A new two storey European inspired home, located in the sought-after Balwyn High zone of Melbourne, has hit the market with a price guide of $3 million to $3.3 million. 
It has been offered for sale via expressions of interest campaign by Scarlett Hang and Michael Wood from Marshall White Boroondara. 
Situated in a corner position, the family home at <a href="https://www.realestate.com.au/property-house-vic-balwyn-131554530" target="_blank">64 Belmore Road, Balwyn</a> comprises formal dining room and sitting with bar, stone kitchen overlooking the terrace, four bedrooms upstairs and guest bedroom downstairs. 
<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/2019/7/15/balwyn%202.jpg" alt="">
Other features of the home include oak parquetry floors, video intercom and alarm, landscaped gardens, double glazing, remote double garage with electric car charging station and secure internal access.
Located moments from Macleay &amp; Myrtle parks, the home is within close proximity to shops, cafes, restaurants, the Balwyn Cinema, and Boroondara Sporting Complex.
<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/2019/7/15/balwyn%203.jpg" alt="">
The expressions of interest campaign for the home ends August 13. 
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Balwyn High zone trophy home listed at over $3 million

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A Chinese investor has purchased retail premises in Balwyn for $7.3 million.
Savills Australia’s Benson Zhou, Jesse Radisich, Julian Heatherich and Glenn Ye brokered the deal for 313-315 Whitehorse Road at a record C1Z land rate of $10,181 per sqm.
Mr Zhou said that despite the noise on recent cooling down on residential market, the property has made more than $1 million dollars in capital gains within two years’ time.
The premise last sold in 2016 for $6.18 million a near doubling from it's 2013 sale price of $3.1 million.
”This transaction highlights the sturdy market competition between investors seeking income-producing assets that present significant future development upside potential,” Mr Zhou said.
The property is anchored by a bedding store, Back to Sleep, and a technology firm is called Websilk on level one, and generates a rental income of approximately $416,878 per annum.
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Savills sell Balwyn retail premises to Chinese investor for $7.3 million

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Grace Tsui, the Noah Holdings Australia director, has listed her Balwyn abode.
The five bedroom home with study is situated within the Balwyn High School zone.
It was initially listed with the indicative selling price guide of $3.8 million to $4.1 million by Annabelle Feng and Ted Jao from RT Edgar who now will accept $3.8 million.
<a href="https://www.realestate.com.au/property-house-vic-balwyn-128827634" target="_blank">Situated at 19 Beckett St</a>, the home comes with five bedrooms, study, three extensive living areas including a formal lounge, an open plan domain, and an upstairs family retreat, Carrara marble kitchen and alfresco barbecue dining. 
It was built in 2015 when bought by Grace and Tommy Tsui after they bought the block in 2012 for $950,000.
Noah is a wealth and asset management service provider in China with a focus on global investment and asset allocation services for high net worth individuals and enterprises. 
<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/2018/8/14/BALWYN%202.jpg" alt="">
Additional features include sun-drenched gardens, multi-purpose room for gymnasium, artists’ studio or storage, and a remote double garage.
It is within close proximity to Beckett Park, Balwyn shopping centre and city-bound trams.
The suburb's median house price sits at<a href="https://www.realestate.com.au/property-house-vic-balwyn-128827634" target="_blank"> $2.33 million</a>, according to CoreLogic. 
<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/2018/8/14/BALWYN%203.jpg" alt="">
 This article was first published in the Weekend Australia.
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Reduced expectations on Beckett Street, Balwyn offering offering

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A French-style Balwyn house has been sold for $3.812 million making it Melbourne’s most expensive weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-vic-balwyn-125831142" target="_blank">27 Burroughs Road</a>, the property was built in 2012.
The property was last sold in 2013 for $3.27 million on the block of land sold in 2009 for $1.175 million.
Featuring a living/entertaining zones as well as a sixth or guest bedroom that are linked to five upper bedrooms with ensuite and balcony.
The kitchen has Miele appliances and butler’s pantry.
<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/2017/07/30/27%20Burroughs%20Road-2.jpg" alt="">
There are also two living areas that open to al fresco terraces.
Other feature includes two double garages.
The property is close to the park, 109 tram and shops.
The property was offered through VicProp agents Jack Zhang and Janssen Xiang.
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French-style Balwyn house sold for $3.812 million

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A sought-after three bedroom Balwyn house has been sold for $2.33 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-vic-balwyn-125725170" target="_blank">92 Winmalee Street</a>, the property was offered for the first time in 40 years.
Built in 1970 the property was last sold in 1978 for $102,000.
Elevated on a 656 sqm allotment it has a northernly view with the potential for a multi-unit or luxury new home site (STCA).
The Whitehorse Road shopping, 109 tram and Beckett park are only a short stroll away.
<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/2017/07/16/92%20Winmalee%20Road-2.jpg" alt="">
The property was offered through Jellis Craig agents Sue Wooldridge and Julian Tonkin.
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