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

Berry

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Moelis joint managing director Chris Wyke has spent a record $5.1 million on his weekender near Berry.
The UK-bon businessman has emerged as the buyer of Kerseydale in Broughton Vale, setting a record for the area.
The 4.2 hectare, 1920s farm had its homestead completely transformed in to a Hamptons-style homestead in 2012, before it was made the cover of Shoalhaven Amazing Homes Magazine.
<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/2020/12/WYKE%201.jpg" alt="">
Now a classic white weatherboard, the one level property wrapped in verandahs has five bedrooms, including a 35 sqm parents retreat with its own lounge, ensuite with spa and custom fitted dressing room. There’s a custom kitchen and oak home office, as well as a further four bedrooms.
In the grounds is a championship size clay tennis court, constructed by the same company used for the Sydney 2000 Olympic tennis courts at Homebush. It commended by tennis players Ken Rosewall and Evonne Goolagong Cawley. 
Accompanying the court is a tennis pavilion and function-style space configured to host over 70 guests with floor to ceiling glass doors and a Jarrah bar.
<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/2020/12/Wyke%203.jpg" alt="">
There’s a nine metre, solar-heated Quartzon negative edge pool with adjoining spa near the pavilion.
Away from the homestead is a number of equestrian facilities, including three stable blocks and tack room, as well as a dressage arena, upgraded and resurfaced in 2017 with Soiltex surface.
Wyke is based in Walmer House, the $7.2 million Wollstonecraft mansion bought under his wife, Tennis NSW director Anna’s name in 2015. 
Chris worked in investment banking for JP Morgan and UBS in London, Singapore and Sydney before joining Moelis in 2009. He was made joint chief executive officer earlier this year along side Julian Biggins, having been managing director for over a decade.
 
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jrobinson-rf4aSBido9

Moelis joint chief Chris Wyke buys $5.1 million South Coast weekender

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Willow Farm, the longtime Berry retreat of writer Amy Willesee (of the famed media family) and her writer husband Mark Whittaker, has been ­sold.
The homestead is 100 years old and is set in its own valley along with a farm stay and a yoga shala.
South Coast Prestige Properties selling agent Carrie Bond had a price guide of $5.5 million.
It was Amy’s mother Carol Willesee who initially ran a herd of Murray Grey cattle at the former dairy after its 2003 acquisition.
The family will stay in the area, but focus more on writing. The duo wrote Love And Death In Kathmandu.
This article was first published in the Saturday Daily Telegraph. 
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Willesee media family sell Berry's Willow Farm

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Natalia Bradshaw is selling Pachamama, her Berry district retreat, as city life calls for the international curator of contemporary art.
The 12ha Wattamolla estate, 15 minutes from Berry and five minutes from Kangaroo Valley village, comes with mountain and countryside views.
It has four bedrooms and three fireplaces. The Wattamolla Rd grounds have two swimming holes, two waterfalls and a sunset firepit.
Belle Property Berry agent Gary Dale has the listing.
Wattamolla has seen five sales in the past two years ranging from $1.35 million to $2.7 million. Its top sale was $3.2 million for 200ha in 2012.
Bradshaw, who moved to Australia in the 1980s from Canada, has worked at the Museum of Contemporary Art and the Art Gallery of NSW.
She is chair of the University of NSW’s Art &amp; Design Advisory Council and trustee of the Australian Museum Foundation.
She became an art adviser in 2004 for private, corporate and public collections.
This article was first published in the Sunday Telegraph. 
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Art curator lists Berry retreat Pachamama

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Willow Farm, the longtime Berry retreat of writer Amy Willesee (of the famed media family) and her writer husband Mark Whittaker, has been ­listed for sale.
Since 2014, the 65 hectare grass-fed sheep and cattle farm has been a popular wedding venue with party shed and bookings year round, but especially September to May.
The homestead is 100 years old, set in its own valley, along with farm stay and a yoga shala.
South Coast Prestige Properties listing agent Carrie Bond said her vendors “love of gardening is the creative force behind the flower beds, orchards and landscaping”.
The rambling country gardens feature roses, hydrangeas, magnolias and a jacaranda.
There are old dairy doors covered in ivy and pergolas dripping with wisteria.
The grounds come with a freshwater creek, ­orchard, veggie garden, a chook run, plus a pond with an island.
It was Amy’s mother, Carol Willesee who ran a herd of Murray Grey cattle at the former dairy after its 2003 acquisition.
The then Botany-based couple took on the farm after Carol, a former model and actor, and ex-wife of television journalist Mike Willesee, died in 2006 from the rare Creutzfeldt-Jakob disease.
It seems Whittaker and Willesee have decided it’s time to write and travel some more.
The duo wrote Love and Death in Kathmandu: A Strange Tale of Royal Murder in 2003.
This article was first published in the Sunday Telegraph. 
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Berry's Willow Farm listed by writers Amy Willesee and Mark Whittaker

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Professional surfer Owen Wright is selling Ahimsa, his redundant tree-change Berry district retreat.
The Culburra Beach-born wave rider used the property as his refuge while he was recovering from a career-threatening injury.
In late 2015 Wright suffered a traumatic brain injury just before the Pipeline Masters event in Hawaii.
Wright has listed his tree-change escape at Brogers Creek Road, Brogers Creek, since he has moved to the north coast of NSW, where he lives with partner, singer Kita Alexander, and their son.
The property offers privacy, views and private creek frontage.
The one-bedroom home sits in a cleared patch on the 2.39 hectare holding, with a full wall of bi-fold doors opening out to the large ironbark deck.
The kitchen offers a servery window on to the covered deck area.
Even the shower can be open to the outdoors.
Other than the cleared land around the house, the rest of the property is natural rainforest.
Wright, who purchased the Brogers Creek property in 2016 for $765,000, has called it his “little piece of heaven on earth”.
It’s also been used by his sister, fellow professional surfer Tyler.
Ahimsa has been listed by Kate Morgan of Ray White Gerringong without public price guidance.
<img src="https://www.urban.com.au/images/2018/12/20/Surfer%202.JPG" alt="">
The nearby property Boya, a late 1990s, one-bedroom 55sqm house on 8.6 hectares on Wattamolla Road, Woodhill, sold for $1,370,000 last month.
In early 2017, Wright made a return to professional competition, 15 months on from the head injury.
Wright also owns a three-bedroom apartment in Thirroul, which he bought for $605,000 in 2012.
He has owned in Byron Bay since 2010, when he paid $975,000 for a 1930s Federation home, architecturally designed by Running Dog Design.
This article was first published in the Sunday Telegraph.
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Surfer Owen Wright lists Berry district retreat

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The Channel Nine chief executive Hugh Marks has spent $4.075 million for a retreat in the Berry hinterland.
It comes as he is announced to lead the Nine-Fairfax merged media company which sees Nine own 51.1% and the weakened Fairfax at 48.9%. 
The family's Shoalhaven weekender is a contemporary, architect-designed residence at Broughton Vale.
Yeramba is set on 40 hectares with about half cleared for livestock.
Much of the rest is natural bushland with a permanent creek, waterfall and rock pools.
It was sold by former NEC and Hewlett-Packard boss Alan Hyde and his wife Joanne.
The marketing of the TDDP Architects-designed home indicated it was "developed on ecological and sustainable principles."
Nick Dale of Belle Property Berry secured the $4.075 million sale. 
The Berry district residential price record was set at $4.75 million last December when Bond University chancellor Annabelle Bennett and her husband <a href="/news/former-solicitor-general-of-australia-david-bennett-buys-berry-weekender">David Bennett, QC</a>, bought a 20-hectare retreat from a Macquarie Group executive.
Marks, who was appointed to Nine’s top job in late-2015, has been appointed as the next chief of the Nine Fairfax merged media entity under the chairmanship of Peter Costello.
Mark advised the merged "marks a truly momentous development for Nine’s future."
The existing Nine television and digital businesses, to be known as NEC will become the proprietor of the historic Fairfax mastheads as well as the new majority owner of Domain (60%) and the Macquarie Radio Network (54.5%). 
The transaction Nine will also move to 100% ownership of Stan.
His property purchase, without the precise price, was revealed last weekend by Fairfax Media.
He has been based in Artarmon where he bought his Californian bungalow for $765,000 in 1998.
Last year he spent $2,015,000 on a three-bedroom investment <a href="/news/channel-nine-boss-hugh-marks-buys-neutral-bay-pad">Neutral Bay</a> pad.
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Hugh Marks, the new Fairfax boss buys Berry weekender

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<a href="https://www.realestate.com.au/sold/property-lifestyle-nsw-berry+mountain-7927978" target="_blank">Glenworth</a>, Berry Mountain set on 98.8 acres, has been sold for an undisclosed amount to an undisclosed buyer last month.
Marketed as "possibly the most prestigious, stately residence in the district" it is placed in a unique location on Berry Mountain, overlooking Berry and beyond to the sea (pictured above).
Glenworth is a Victorian two storey home (pictured below) built in 1880 by James Wilson, the esteemed first mayor of Berry.
<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/2018/7/5/Berry%202.jpg" alt="">
With extensive outbuildings and sufficient shedding to store all forms of farm machinery, this property is both residence and a rural holding that is divided into 7 grazing paddocks.
Two small creeks emerge from sources on the property upon which a 2nd dwelling, previously a caretakers cottage, set well apart from the main holding resides, providing the opportunity to create a private home for visitors or holiday letting.
Glenworth was previously held by one family for 67 years.
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Berry Mountain trophy home, Glenworth sold

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Former Stockland boss Matthew Quinn and wife Julie have completed their property re-shuffling, having settled on a historic homestead at Berry.
The couple been buying and selling at Kirribilli and recently sold their former Berry home to upgrade.
They've settled on <a href="https://www.realestate.com.au/sold/property-house-nsw-berry-127483950" target="_blank">Mananga Homestead</a>, the 1890s property which has a history stretching back to the times of agriculturist David Berry, the suburb's namesake.
It had been ran as a successful bed and breakfast accomodation before the purchase. Over the years it has also lent itself to holiday letting and has been used as a family home.
Overlooking the farms and hills of the South Coast, Mananga has seven bedrooms. There is a country kitchen.
It has been restored since it last traded for $1.25 million in 2003, but maintains some of its original features such as its high ceilings, ornate cornices, hardwood flooring and fireplaces.
A wide wrap around verandah with undercover entertaining area overlooks water features, the manicured lawns and established gardens.
The original dairy with rustic hand hewn timbers, a silo and horse paddocks sits on the near two hectare parcel.
Carrie Bond at South Coast Prestige Properties Kiama sold the home in just 26 days.
The Quinn's recently flipped their Kirribilli townhouse for $3.45 million, having bought it just 15 months earlier for $2.6 million.
They were downsizing at the time, having sold their former Kirribilli home for $7.2 million.
This article was first published in the Sunday Telegraph.
 
 
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Matthew Quinn and wife Julie buy historic Berry, Mananga Homestead,

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Former Stockland boss Matthew Quinn and wife Julie have scored quick buyers for their Berry weekender, with intentions of upgrading in the NSW South Coast town.
The Berry property, once known as Gladys, spent just 22 days on the market, well down on the town's 86 average.
The Quinn's paid $710,000 for the 1880s country weatherboard.
It has since been restored the heritage home.
The four bedroom quintessential cottage sits in 1070 square metres of gardens.
Carrie Bond at South Coast Properties agent secured the quick sale, though without revealing its sale price.
She described the home as one of the historic village's finest residences, having once accomodated Australian nun Mary McKillop.
Up in Sydney the couple's renovated two bedroom Kirribilli home has been quickly sold too, fetching $3.45 million, just over a year after they paid $2.6 million.
McGrath Neutral Bay agents Nigel Mukhi sold the home.
Quinn was managing director of Stockland for 13 years and is currently a non-executive director of Regis Aged Care, CSR Limited and Landcom, and chairman of Class Limited and Carbonxt Group Limited.
This article first appeared in The Sunday Telegraph. 
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Former Stockland boss scores quick Berry sale

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Former Stockland boss Matthew Quinn and wife Julie are selling their Berry weekender, seemingly set to upgrade on the NSW South Coast.
Previously dubbed as Gladys, the home is an <a href="https://www.propertyobserver.com.au/%20%20https:/www.realestate.com.au/property-house-nsw-berry-127816542" target="_blank">1880s country weatherboard,</a> which has been restored by the couple who paid $710,000 four years ago.
The quintessential cottage with colonial heritage sits in 1070 sqm of private sanctuary-like gardens.
<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/2018/3/20/quinn3.jpg" alt="">
It is being marketed by South Coast Properties agent Carrie Bond as one of the historic village's finest residences.
The home once accomodated Australian nun Mary McKillop, who has been declared a saint by the Catholic Church.
It has four bedrooms, three bathrooms and a number of impressive entertaining areas.
<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/2018/3/20/quinn2.jpg" alt="">
The listing coincides with the marketing of the couple's Kirribilli terrace, which they've only owned for just over a year.
They're looking at flipping the luxury two bedroom, two bathroom apartment which cost them just over $2.6 million in late 2016.
McGrath Neutral Bay agents Nigel Mukhi and Jordan Black.
Quinn and Julie were downsizing at the time, selling their nearby four level waterfront for $7.2 million.
Quinn retired from Stockland Group in 2012 as one of the longest-serving chief executives in the property sector.
This article was first published in the Sunday Telegraph.
 
 
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