<p><a href="https://www.apartments.com.au/developers/damgar-group">Damgar Group</a> has delivered Rosella, its boutique Murrumbeena apartment project, several months ahead of its anticipated completion.</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the seven-storey building delivers 70 one, two, and three-bedroom residences, marking the first significant new apartment offering in the suburb in years.&nbsp;</p>

<p>With construction now complete and move-ins underway, <a href="https://www.apartments.com.au/buildings/rosella-murrumbeena-50-rosella-street-murrumbeena-vic-3163">Rosella</a> brings together design, practicality, and strong connectivity in one of Melbourne’s most tightly held pockets.</p>

<p>[smartcode_project:default project_id=142221 project_image_fid=353183]</p>

<p>Damgar partnered with <a href="https://www.apartments.com.au/developers/progressio-developments">Progressio</a> and the acclaimed team at Cera Stribley to create a design that both stands out and belongs, with its curved concrete façade and warm copper detailing nodding to the nearby Hughesdale Station underpasses.&nbsp;</p>

<p>Inside, these soft architectural curves continue through interior walls, a feature rarely seen at this scale and price point.&nbsp;</p>

<p>James Gray of Progresio, Rosella’s development partner, said the project set out to create “something Murrumbeena simply hasn’t seen before,” combining design ambition with everyday livability.</p>

<p>“We brought in the renowned team from Cera Stribley Architects who created something instantly recognisable,” said Gray.</p>

<p>[smartcode_project:default project_id=142221 project_image_fid=352270]</p>

<p>Each apartment balances function and aesthetics, with interiors curated around natural light, warmth and material quality. Kitchens are appointed with Miele appliances, stone benchtops and gunmetal tapware, complemented by Cera Stribley’s signature joinery and bespoke detailing. Open-plan living zones open onto generous terraces designed for entertaining.</p>

<p>Residents also enjoy access to a landscaped rooftop terrace and residents’ lounge with panoramic views over Melbourne’s skyline, a rare amenity in Murrumbeena’s low-rise neighbourhood context.&nbsp;</p>

<p>[smartcode_project:default project_id=142221 project_image_fid=352267]</p>

<p>Rosella sits directly opposite Hughesdale Station and Hughesdale Village, placing cafés, wine bars and everyday retail within walking distance. Chadstone Shopping Centre - Australia’s largest retail destination - is just minutes away, while the CBD is a short 15-minute train ride. It’s a level of connectivity that continues to drive buyer interest from professionals and downsizers seeking long-term value in established suburbs.</p>

<p>Final residences at Rosella start from $680,000, offering one of the few opportunities to buy brand-new in <a href="https://www.apartments.com.au/developments/murrumbeena-vic-3163">Murrumbeena</a>. Damgar Group is also offering generous stamp duty contributions toward purchases for a limited time.</p>

<p>[smartcode_project_cta:default project_id=142221]</p>


Urban Editorial

"Something Murrumbeena simply hasn’t seen before": Rosella redefines apartment living in Melbourne’s south-east suburb

<p><a href="https://www.apartments.com.au/developers/billbergia">Billbergia</a> and Metrics Credit Partners are teaming up once again, this time in Concord, where they're taking Concord Central,&nbsp; an eight-building, 1400-dwelling precinct, to the NSW Government.</p>

<p>The State Significant Development Application (SSDA) for the 3.14-hectare site at <a href="https://www.apartments.com.au/new-apartments/1-king-street-concord-1-king-street-concord-west-nsw-2137">1 King Street</a>, adjacent to Concord West train station, also includes plans for a new civic plaza featuring retail and commercial spaces.</p>

<p>Concord Central marks another major collaboration between Billbergia and Metrics, following their joint venture in the Sydney CBD, a <a href="https://www.apartments.com.au/news/nsw/billbergia-metrics-propose-two-80-level-towers-in-sydneys-cbd">two-tower development</a> that will see both towers rise 80 storeys, ranking among the tallest buildings in the city.</p>

<p><img alt="Bilbergia" data-entity-type="file" data-entity-uuid="03ecc392-ba98-437a-bf3b-a944c42e1812" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%204.53.25%E2%80%AFPM.png?VersionId=VaW78cYWuwRjWfU0GdgNQrRWTxU7u5xY" /></p>

<p>At Concord, the initial proposal in 2024 was for 700 apartments across 10 towers.&nbsp;The tower heights now range from six to 37 storeys.</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>According to the Scoping Report prepared by Ethos Urban, the project aims to “incorporate a mixed-use approach and use urban design principles to integrate commercial, retail and residential land uses” while improving connectivity and public access to transport infrastructure.</p>

<p><a href="https://www.apartments.com.au/architects/group-gsa">GroupGSA</a> has led the urban design and masterplanning, alongside architectural input from Fitzpatrick Partners, Lachlan Seegers, and Carter Williamson. The indicative masterplan shows a layout that prioritises open space, view corridors, and pedestrian permeability, with over 5000 sqm of public realm, including a central park and active street frontages.</p>

<p>The project’s proximity to Concord West Station and future Sydney Metro connections at North Strathfield supports the broader vision for a transport-oriented development. The Scoping Design Report notes that the masterplan “seeks to re-integrate the site into the suburb, providing residential activation with public through-site links, civic spaces and play areas”.</p>

<p><img alt="Billbergia" data-entity-type="file" data-entity-uuid="0e724b4a-5eac-4725-b8a6-e8f217fd753e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%204.53.57%E2%80%AFPM.png?VersionId=Mpa8ojMn.XDFd73mOzXCA2EI1WarS4tE" /></p>

<p>Retail space has been reduced slightly in the latest version to 5,100 sqm, but with a sharper focus on local activation and daily needs. A childcare centre and community facilities are also included, alongside infrastructure upgrades valued at over $100 million.</p>

<p>The project has been declared State Significant and is undergoing assessment by the NSW Department of Planning, Housing and Infrastructure. According to the submitted documents, construction could begin as early as late 2026, with completion anticipated by 2029.</p>

<p>This project continues Billbergia’s focus on large-scale urban renewal precincts, with similar activity underway in Rhodes and Chatswood in partnership with Metrics.</p>


Joel Robinson

Billbergia and Metrics unveils Concord Central scheme with 1400 homes near Concord West Station

<p>Three years after submitting its initial development application for a new apartment building in Bilinga, local developer Lacey Group has decided now is the right time to start progressing with the project.</p>

<p>Lacey Group, which has been behind the likes of Del Ray in Kirra and The Monroe in Palm Beach, has filed fresh plans for an 11-level building with 27 apartments. The 1,009 sqm block at <a href="https://www.apartments.com.au/new-apartments/66-pacific-parade-bilinga-qld-4225">66 Pacific Parade</a>, on the corner of Archer Avenue facing Joe Doniger Park and the beach, is currently home to a walk-up block of original flats known as Serene.</p>

<p>Plus Studio has tweaked its own plans. The density mix isn't much different to the&nbsp;10-level, 28-unit <a href="https://www.apartments.com.au/news/qld/first-look-lacey-group-set-for-next-gold-coast-apartment-development">application they made in 2022</a>.</p>

<p>There will still be nine two-bedroom apartments and 16 three-bedroom apartments. The three two-level penthouses have been scrapped, in favour of a large three-bedroom and four-bedroom apartment on the ninth level. There will be just three apartments per floor throughout the building.</p>

<p>&nbsp;</p>

<p><img alt="Lacey" data-entity-type="file" data-entity-uuid="170901f8-c4e9-481d-8d2a-5c7d20b1d785" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%206.01.24%E2%80%AFPM.png?VersionId=lGJGCx9qskwB8qu6Xlur4i0K0boXR5Do" /></p>

<p>Plus Studio, led locally by Danny Juric, says 66 Pacific Parade will be&nbsp;a "timeless addition to Bilinga, facilitating a lifestyle defined by relaxed sophistication — barefoot luxury at its finest."</p>

<p data-end="294" data-start="146">"Located just moments from the beach, 66 Pacific Parade is designed to embrace the Bilinga lifestyle and enhance the neighbourhood’s character," the submission to the Gold Coast City Council noted.</p>

<p data-end="294" data-start="146">They called the apartments "beach homes", which will be "enveloped by sweeping curves that create a seamless integration between the architecture and its coastal context."</p>

<p data-end="294" data-start="146">"These soft forms enhance panoramic view experiences for residents, while layered landscaping along the Pacific Parade and Archer Street frontages blends the ocean into the residents’ private recreation deck, pool, and lounges."</p>

<p data-end="294" data-start="146"><img alt="Lacey" data-entity-type="file" data-entity-uuid="18aebcd9-4d68-47d2-86b9-92eda1779103" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%206.01.47%E2%80%AFPM.png?VersionId=xtOSgbusBKaWiXhyhjO_0ctVkllaPg_0" /></p>

<p>&nbsp;</p>

<p>According to the Town Planning Report by Urban Planning Services, the new application “demonstrates a more refined architectural expression, with particular emphasis on coastal character, visual interest, and improved amenity outcomes”.</p>

<p>The design adopts lighter tones and tiered landscaping, with articulated balconies and screening elements to soften the façade and improve privacy.</p>

<p>Bilinga has become a popular spot for developers in recent years. SIERA recently completed <a href="https://www.apartments.com.au/buildings/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">PIPIS</a>, just 19 luxury apartments on Golden Four Drive, while <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a>, a more dense, more price-pointed development, recently launched.</p>


First look: Lacey Group advances Bilinga apartment plans

<p>A fresh high-rise tower is being proposed on what is becoming Surfers Paradise most popular street for development.</p>

<p>Sunset Boulevard, just outside of the centre of Surfers Paradise on the Nerang River, has been a hotbed for developers in the last 12 months, with the likes of SEYAH, Macquarie York, and&nbsp;YHY Group filing plans for new apartments.</p>

<p>The latest comes from Sinclair Projects, a company associated with Sinclair Projects, a company associated with&nbsp;Highgrove Bathrooms Founder Lindsay Sinclair. They've sought to develop <a href="https://www.apartments.com.au/new-apartments/cointreau-25-27-sunset-boulevard-surfers-paradise-qld-4217">Cointreau</a>, 51 apartments across a 16-level building that will sit on a 1,012 sqm corner site at 25-27&nbsp;Sunset Boulevard, on the corner of Alberta Place. It is currently occupied by two low-rise dwellings.</p>

<p>The tower, by&nbsp;<a href="https://www.apartments.com.au/architects/studio-workshop">Studio Workshop</a>,&nbsp;will include a mix of 37 two-bedroom and 14 three-bedroom apartments, with all residences located above a three-level podium which will home a communal recreation level, featuring landscaped terraces and a pool, and the majority of the 69 resident parking spaces.</p>

<p>Studio Workshop says in the submitted plans to the Gold Coast City Council that Sunset Blvd is emerging as a "vibrant new urban community that blends lifestyle, culture, and convenience in a central locale."</p>

<p>"The development embraces the Gold Coast’s unique connection to the outdoors, highlighted by Cointreau’s podium pool and wellness spaces that encourage residents to live and relax in the open air."</p>

<p><img alt="Gold Coast" data-entity-type="file" data-entity-uuid="94bc6fc7-651a-4c6c-aa4a-ea033971a943" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-21%20at%205.27.47%E2%80%AFPM.png?VersionId=JUOpBzV3BSNah6QLyeCIT6QVuK.3Hy_3" /></p>

<p>They said its central location reinforces its identity as a connected precinct, with key views to HOTA, access to the Broadwater, and walkability to both the beach and the heart of Surfers Paradise — placing dining, retail, entertainment, and lifestyle at residents’ fingertips.</p>

<p>"This thoughtful integration of design, amenity, and location ensures Sunset Blvd is more than just a place to live — it is a thriving community that captures the essence of coastal urban living while fostering a strong connection to both nature and culture."</p>

<p>The first development likely to launch on Sunset Boulevard among a backdrop of several approvals is SEYAH's&nbsp;Cavella, just 18 large-scale apartments on the river.</p>

<p><em>Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/first-look-seyah-to-launch-cavella-in-emerging-sunrise-boulevard-surfers-paradise-pocket-following-density-rethink">First look: SEYAH to launch Cavella in emerging Sunrise Boulevard, Surfers Paradise pocket following density rethink</a></em></p>

<p>The first developer to identify Sunset Boulevard was Roy Skaf's Macquarie York. He has approval for 43 apartments, although that density may change in the coming months.</p>

<p>YHY Group has approval for a 33-level tower with 74 apartments, with the penthouse proposed to be the <a href="https://www.apartments.com.au/news/qld/first-look-the-gold-coasts-largest-penthouse-pitched-for-new-surfers-paradise-tower">largest penthouse ever</a> produced on the Gold Coast.</p>

<p>Sydney-based P&amp;N Sleiman Group secured approval for&nbsp;<a href="https://www.apartments.com.au/new-apartments/52-sunset-boulevard-surfers-paradise-qld-4217">52 Sunset Boulevard</a>, but has recently listed the site for sale.</p>


First look: Sunset Boulevard shines as Surfers’ next hotspot for apartment development

<p>A prominent eastern gateway site to Bondi Junction could soon host a new eight-storey apartment project combining market and affordable housing, under new plans lodged with Waverley Council.</p>

<p>The proposal covers a 1,631 sqm amalgamated site across five properties at 2–6 Bondi Road and 75–77 Old South Head Road, including the corner of Ben Eden Street.&nbsp;</p>

<p>According to the Design Verification Statement by <a href="https://www.apartments.com.au/architects/tony-owen-partners">Tony Owen Partners</a>, the development will deliver a total of 56 apartments, incorporating 10 affordable dwellings. The project takes advantage of the NSW Government’s Housing SEPP, which provides a 30 per cent uplift in height and floor space ratio in exchange for the inclusion of affordable housing.</p>

<p><img alt="Bondi Road, Bondi" data-entity-type="file" data-entity-uuid="64226782-681d-430f-a08b-31d007ba40e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bondi%20Road%20Bondi%20site.png?VersionId=gCt8XpeE4jXEoao0FnG.Ij9mUr73CB68" /></p>

<p>The mix of apartments spans one-, two-, and three-bedroom configurations, with a layout designed to optimise amenity and environmental performance.&nbsp;88.5 per cent of units achieve natural cross ventilation, Tony Owen Partners notes in the statement, attributing the result to the site’s configuration and a high proportion of corner apartments.</p>

<p>The design also responds to the site’s transitional context, on the periphery of the high-rise Bondi Junction commercial core and adjoining the lower-scale Bellevue Hill precinct.&nbsp;</p>

<p>“The siting, scale, bulk, and massing of the proposed development is consistent with that anticipated for the area,” the statement reads, with the building’s height capped at 28.6 metres in line with the LEP controls including bonuses.</p>

<p><img alt="Bondi Road building" data-entity-type="file" data-entity-uuid="083fb63f-8a64-4c21-9c09-83e379f1cedd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bondi%20bldg.png?VersionId=aQMby6eh5kCepC_rlXkobUpV0M6IsYns" /></p>

<p>Located near the intersection of Bondi Road, Oxford Street, and Old South Head Road, the site occupies a pivotal position at the entry to Bondi Junction from the east. The site is currently occupied by four detached two-storey dwellings.</p>

<p>Bondi Junction seldom sees new apartment development. Stargate is currently developing <a href="https://www.apartments.com.au/new-apartments/the-centennial-collection-east-sydney-2-nelson-street-bondi-junction-nsw-2022">The Centennial Collection</a>, on the edge of Woollahra and Centennial Park, and are soon to launch <a href="https://www.apartments.com.au/new-apartments/signature-by-stargate-362-384-oxford-street-bondi-junction-nsw-2022">Signature by Stargate</a>, just down Oxford Street.</p>


First look: Eight-storey apartment block pitched for key Bondi Junction gateway site

Brighton Beach

<p>The Melbourne-based developer Sunkin Group is seeing a high demand of sea and tree-changers in their bayside Brighton apartment development 448 Brighton.</p>

<p>The SJB-designed development of just 17 apartments at 448 St Kilda Street has seen&nbsp;buyers from Daylesford, Cape Schank and Point Lonsdale in recent months.</p>

<p>It&#39;s down to the location says Sunkin&#39;s Group Sales Manager Sophie Dobson, given it is adjacent to Elsternwick Park and Elwood Beach.</p>

<p>&ldquo;We&rsquo;ve seen a real trend in buyers who are looking to have an inner-city base that doesn&rsquo;t mean giving up their regional home luxuries like space, views, and nature.</p>

<p>[smartcode_project:default project_id=31946 project_image_fid=168440]</p>

<p>&ldquo;Buyers need more space when working from home and that trend is evident with Melburnians fleeing to the seaside or country to get more space and fresh air,&quot; Dobson says.</p>

<p>&quot;These homes offer larger living spaces for people to enjoy and more space for those working from home.</p>

<p>Now 50 per cent sold since launching in December, 448 Brighton apartments feature&nbsp;premium Gaggenau and Bora appliances, Astra Walker tapware and marble bench tops and tiles. The courtyard apartments have landscaping by the renowned Jack Merlo Landscape Design.</p>

<p>[smartcode_project:default project_id=31946 project_image_fid=168441]</p>

<p>There are two and three bedroom apartments available starting from $980,000.</p>

<p>Three skyhome penthouses with rooftop entertaining terraces and sweeping views will soon launch.</p>

<p>[smartcode_project_cta: project_id=31946]</p>


It's down to the location, says Sunkin's Group Sales Manager Sophie Dobson, given it is adjacent to Elsternwick Park and Elwood Beach.

448 Brighton apartments attracting lock up and leave sea and tree changers

<html><body>
<p>A Brighton local turned up to summer's first bathing box auction as a “tyre kicker”, but then spent $305,000 to buy it. </p>
<p>Michael Abell was the only bidder for bathing box 76D.</p>
<p>He'd almost bought one 25 years ago for $15,000. </p>
<p>Nick Johnstone Real Estate auctioneer Nick Johnstone wore boardshorts, thongs and a Santa hat for the occasion.</p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/12/Nick%20Johnston.jpg" alt=""></p>
<p>Johnstone made a $300,000 vendor bid before Abell's $305,000 offer.</p>
<p>The sale was negotiated after the property passed in. </p>
<p>The bathing box was finished last month as part of a Bayside Council masterplan for the beachfront. </p>
<p>The<em> Herald Sun</em> reported council’s corporate services director Jill Colson said there are no further plans for any more bathing boxes. </p>
<p>A bathing box at 76C sold for $337,000 about 18 months ago close to the peak of the market, and 76B sold for $318,000 the same day. </p>
</body></html>

wdavis-8cCN98p7xp

Local buys freshly built Brighton bathing box 

<html><body><div title="Page 1">
<p>Melbourne secured the nation's strongest weekend auction success rate which included a record $337,000 auction price for a Brighton beach bathing box.</p>
<p><a href="https://www.realestate.com.au/property-house-vic-brighton-128010046" target="_blank">Bathing box 76B</a> was a “surprise” purchase for his family by a grandfather of 10.</p>
<p>The red and white striped bathing box sold along with the neighbouring box, another recently built by the Bayside council, No. 76C, which sold for $320,000.</p>
<div>
<p>“(This is for) my children and 10 grandchildren. We’ll spend weekends here.</p>
<p>“There’s no better place than this," he told the Herald Sun.</p>
<p>Both offerings, about 6mx4m in size, had reserves of $290,000. </p>
<p>Auctioneer Nick Johnstone said both required to pay GST on top of the purchase prices.</p>
<p>The previous highest reported price for Dendy Street beach was $326,000, achieved by box 85, which Johnstone sold just before Christmas in 2016.</p>
<p>Box 60 sold for an undisclosed figure above $330,000 in 2017. </p>
<p>The council has built and auctioned one or two boxes a year since 2013 as part of a project to fill in gaps between the existing ones and raise money to better the beach.</p>
<p>Only Bayside residents and ratepayers can purchase the Brighton sand shacks.</p>
<p>Melbourne's top notified sale was at Mount Eliza at $3.59 million.</p>
<p>The <a href="https://www.realestate.com.au/property-house-vic-mount+eliza-127979866" target="_blank">four bedroom 1928 bungalow,</a> set on 1250sqm, above the Moondah Beach bathing boxes , had been held for three generations.</p>
<p>Its stately lounge room came with intact period details that include decorative timber panelling and rarely encountered ceiling molds depicting native wildlife.</p>
<p>The home at 6 Kunyung Road was listed with $2.5 million to $2.75 million price guidance through Vicki Sayers at RT Edgar.</p>
<p>Its price guidance was based on three 2018 sales on the clifftop location. </p>
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<div>
<div>
<p>1  28 Kunyung Road Mount Eliza 3930</p>
</div>
</div>
</td>
<td>
<div>
<div>
<p>$2,625,000</p>
</div>
</div>
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<div>
<p>06/02/2018</p>
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<div>
<p>2  21 Matong Road Mount Eliza 3930</p>
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<div>
<div>
<p>$1,850,000</p>
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<div>
<p>08/02/2018</p>
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<p>3  2-4 Kunyung Road Mount Eliza 3930</p>
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<div>
<p>$4,100,000</p>
</div>
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<div>
<p>22/01/2018</p>
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<p>It did not come with a bathing box.</p>
<p>Melbourne saw an increase in clearance rate and volumes with a total of 1,326 Melbourne homes taken to weekend auction returning a preliminary clearance rate of 65.5 per cent, up on the 63.6 per cent last week when a lower 914 auctions were held.<br><br>The sales included a record price at Cranbourne North.</p>
<div>Tulliallan, the Georgian-style mansion at <a href="https://www.realestate.com.au/property-house-vic-cranbourne+north-127922766" target="_blank">160 Wheelers Park Drive</a> fetched $2.35 million when sold to a Narre Warren South family.</div>
<div> </div>
<div>There had been $1.8 million to $1.98 million price guidance for the six-bedroom, five-bathroom residence on 3200sq m of parklike grounds.</div>
<div> </div>
<div>Melbourne's cheapest result was <a href="https://www.realestate.com.au/sold/property-apartment-vic-essendon+north-127980890" target="_blank">11/3 Royal Av, Essendon North</a> which fetched $215,000.</div>
<div> </div>
<div>The price guide had been $200,000 to $220,000 for the recent $210 a week studio rental.</div>
<div> </div>
<div>It last sold at $150,000 in 2006.</div>
<div> </div>
<div>It was not the cheapest across the nation as there was a $185,000 sale in Adelaide.</div>
<div> </div>
<div>The <a href="https://www.realestate.com.au/property/1-desmond-rd-hackham-sa-5163" target="_blank">1 Desmond Rd, Hackham</a> offering has previously traded at $215,000 in 2009.</div>
<div>
<p>The double brick Hackham home was marketed as being in very average condition, so there was opportunity to either renovate or knock the house over and build two properties.</p>
<p>Nationally the number of homes taken to auction across the combined capital cities rose this week, with a total of 2,539 held, according to Corelogic.</p>
<p>The higher volumes returned a preliminary clearance rate of 62.5 per cent. Last week, there were 1,799 capital city auctions returning a 62.2 per cent final clearance rate.</p>
<p>More homes in Sydney went to auction this week at 805 compared to 551 last week.</p>
<p>Sydney's cheapest sale was $366,000 at Lakemba.</p>
</div>
</div>
<p>The two bedroom <a href="https://www.realestate.com.au/property-unit-nsw-lakemba-128009818" target="_blank">2/61 Colin Street </a><a href="https://www.realestate.com.au/property-unit-nsw-lakemba-128009818" target="_blank">ground floor unit</a> had traded at $299,000 in 2005.</p>
<div>As volumes rose across Sydney this week, the preliminary clearance rate dropped below 60 per cent for the first time since the first week of February.</div>
<div> </div>
<div>The preliminary clearance rate showed 59.8 per cent, however this will likely revise lower as unreported results are finalised.</div>
<div> </div>
<div>Some 74 offerings were withdrawn from Sydney auction.</div>
<div> </div>
<div>They included a Canada Bay property associated with the family of the bankrupted property developer Salim Mehajer which was pulled from weekend auction.
<p>The family’s Canada Bay investment property site has a rundown 1970s home at <a href="http://www.timerealty.com.au/1P0567" target="_blank">555 Lyons Road West.</a></p>
<p>The auction sign had “withdrawn” slapped across the sign.</p>
<p>Canada Bay Council had rejected Mehajer’s plans.</p>
<p>Channel 7 reported the inner-west plot was bought in 2015 for $1.4million but revised plans to build a multi-storey home with views over the Parramatta River failed to proceed after 22 neighbours in total objected to the development application.<br><br>“We’ve had an offer, but it wouldn’t be accepted,” Century 21s Fay Petrou told The Sunday Telegraph.</p>
<p>The property developer and former deputy mayor of defunct Auburn council rose to prominence in 2015 for his lavish wedding to now ex-wife Aysha.</p>
<p>The weakest Sydney region was Blacktown at 22 percent.</p>
</div>
<div> </div>
<div>Canberra's top sale was secured pre-auction when $2.2 million was paid for <a href="https://www.realestate.com.au/sold/property-house-act-narrabundah-128039250" target="_blank">58 Sprent Street, Narrabundah</a>
</div>
<div> </div>
<div>Canberra returned a lower 64 percent clearance rate.</div>
<div> </div>
<div>Brisbane's top sale was also a pre-auction result.</div>
<div> </div>
<div>The renovated and extended 1900 Queenslander style home at <a href="https://www.realestate.com.au/property/115-elizabeth-st-toowong-qld-4066" target="_blank">115 Elizabeth Street, Toowong</a> sold at $1,715,000 through Adcock Prestige.</div>
<div> </div>
<div>It had around 525 sqm living space.</div>
<div> </div>
<div>CoreLogic calculated Brisbane's clearance rate at 54 percent.</div>
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j.ballantyne1990-6AQqhLzZaK

Brighton bathing box, plus Cranbourne North sales among weekend auction records

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<p>Investors looking to snap up a slice of one of Melbourne’s most iconic landmarks may be about to run out of time.</p>
<p><a href="https://www.realestate.com.au/property-house-vic-brighton-128010046" target="_blank" title="www.realestate.com.au">76B and 76C Dendy Street Beach</a> in Brighton are set to go under the hammer, with price hopes in excess of $280,000 each, through Nick Johnstone director Nick Johnstone.</p>
<p>But the auction may be some of the final lots for the beach’s famous bathing boxes.</p>
<p>Bayside City Council have said that after the slated April auction of two bathing boxes at Dendy Street Beach, only one more will be built and sold during the 2018/2019 financial year.</p>
<p>“As part of its 2013 Dendy Street Beach Masterplan, Council proposed to construct eight additional bathing boxes at Brighton’s iconic Dendy Street Beach,” Bayside City Council acting director of corporate services Bill Shanahan told the <em>Herald Sun</em>.</p>
<p>“Since this time Council has built and auctioned one to two bathing boxes each year.</p>
<p>“Council does not have plans to construct any further bathing boxes at Dendy Street Beach following the completion of the current program.”</p>
<p>The original objective of the construction program was to fill in gaps between existing boxes, Brighton Bathing Box Association secretary John Rundle said.</p>
<p>“We have a neutral stance as to whether any more should be built,” Rundle said.</p>
<p>“We supported the infill objectives, and I don’t know if they could fit too many more in down that end of the beach.</p>
<p>“I’m not sure we’ll see any more built in the foreseeable future.”</p>
<p>Johnstone says that Brighton beach boxes are a rare opportunity to buy the boxes which are often held by families across generations.</p>
<p>“They’re a fantastic lifestyle opportunity, with great scope for capital growth; in my opinion they’re still undervalued when you compare them to some along the Mornington Peninsula,” he said.</p>
<p>Bayside residents and rate payers are the only people permitted to purchase the beach boxes.</p>
<p>The auction is scheduled for on Saturday, April 28.</p>
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