ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Caloundra

Karam Boutique Residential has lodged plans with the Sunshine Coast Council for a seven-storey residential apartment building.

Landing on the corner of Canberra Terrace and Arthur Street, the site spans 3,284 sqm, with the proposed built form fanning out from the podium level.

TMarshall are behind the design of the apartments, which comprise 24 three-bedroom apartments, along with two four-bedroom penthouses.

Four apartments will sit across each level, bar the top floor, with living, dining and kitchen space following an open-plan layout.

<img alt="" height="714" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_4.46.11_pm.png" width="1510" />

Each apartment extends on to an open balcony with the outer apartments benefitting from an additional balcony overlooking the resident&rsquo;s pool, which is located behind the building.

The seventh floor will home the two penthouses, each spanning 372 sqm internally, with three balconies as well as a planter box space, which cover 99 sqm collectively.

The four-bedroom penthouses mirror one another with the floorplan, each including three-bathrooms and two car spaces.

Centrally located in Caloundra, the southern gateway to the Sunshine Coast and only an hour north of Brisbane, residents&rsquo; will be perfectly positioned in one of Queensland&rsquo;s premier lifestyle destinations.

This idyllic seaside suburb is renowned for having over 30 kilometres of pristine beaches with a plethora of foreshores and an array of parklands and coastal pathways.

Residents will benefit from direct access to Pumicestone Passage, a mecca for all types of water sports as well as being just a short drive from the picturesque Sunshine Coast Hinterland and the Glass House Mountains.

Perfectly positioned close to all amenities being just minutes from public transport, 3 minutes from Caloundra Shopping Centre and the major supermarkets and retail stores, 12 minutes from the Sunshine Coast Hospital precinct, 25 minutes from the Sunshine Coast Airport and an hours drive from Brisbane and its Domestic and International Airport.

The group have a number of other projects currently in the pipeline, including Lighthouse by Karam which sits on the same road as the newly proposed development XXX

alisonwarters@gmail.com

Karam Boutique Residential lodge plans for Canberra Terrace apartments in Caloundra

The newest Sunshine Coast mixed-use development, Paloma Paloma, is not only unique for the coastal suburb of&nbsp;&nbsp;Caloundra,&nbsp;but unique for Queensland.

That&#39;s the view of&nbsp;Colliers Director Residential, Daniel Hirst, who is marketing the 11-storey apartment tower, part of the wider mini-precicnt which include a fully integrated 110-room hotel in a separate tower and a three-level podium of retail and dining.

&quot;It&#39;s a landmark development unlike anyone has seen before,&quot; Hirst told Urban.

[smartcode_project:default project_id=110945 project_image_fid=195440]

&quot;They&#39;re large apartments, designed to be lived in, and offering a high level of finishes, from limestone floors to natural stone bench tops.&quot;

Decibel Architecture has collaborated closely with award-winning landscape architecture practice LatStudios to create a building that breathes and one that is unique to Queensland.

For architectural inspiration, the group looked to the iconic headlands of Caloundra where waves crash against marbled tidal ledges of rockpools weathered by time.

Developed by CURA, Paloma Paloma&nbsp;will&nbsp;feature onsite resort-style amenities, including spaces for things like yoga and fitness, in addition to a wellness spa and resort-style swimming pool.

[smartcode_project:default project_id=110945 project_image_fid=195437]

Hirst is expecting local and interstate buyers, predominantly in their mid 40s to late 50s, who want everything in one place.

&quot;They&#39;ll be discerning buyers, maybe semi-retired, and wanting something which gives them a feeling of status and luxury when they get home.

&quot;They will want the convenience of dining underneath, and the easy access to beaches, possibly without the pretentiousness found in some other areas nearby.

[smartcode_project:default project_id=110945 project_image_fid=195441]

&quot;Residents will still have that status symbol, while also having the convenience of work from home facilities, and easy access to Brisbane.&quot;

Two of the penthouses have already sold, both to locals from Shelley Beach and Pelican Waters.

Stella Collective handled the interiors of the 74 apartments, with the materials and spaces designed to receive cooling sea breezes and encourage slow living.

[smartcode_project_cta: project_id=110945]

"It's a landmark development unlike anyone has seen before," Hirst told Urban

Paloma Paloma apartments launch at Caloundra

The longstanding Sunshine Coast developer&nbsp;Henzell Property Group&nbsp;is set to create a mixed-use development in Caloundra, which they say will be one of the most exciting launches the Sunshine Coast will see in 2021.

Henzell, who have been reshaping the Sunshine Coast over the last four decades, have acquired the Suncourt Motel,&nbsp;set on a prized, mostly vacant,&nbsp;6,175 sqm site at the entry to Caloundra.

Henzell will develop&nbsp;high-end retail and dining at street level, with modern apartments dedicated to owner-occupiers above.

The&nbsp;135 Bulcock Street site, also with a street frontage to Omrah Avenue, was a unique opportunity to create a new entry statement for central Caloundra, Henzell Property Group sales director Marcus Muir says.

&ldquo;We have had our eye on this property for some time, so what we have planned has been carefully considered,&quot; Muir says.

&quot;We feel this site, with the correct product mix, will be one of the most exciting launches that the Sunshine Coast will see in 2021.

&ldquo;This development will combine luxurious residences offering exceptional views within an entertainment precinct that will attract high end lifestyle operators locally and from across Queensland.

&ldquo;We have already commenced discussions with a number of dining and retail operators and there are many more who have yet to move to the Coast as they have been waiting for the perfect location.&rdquo;&nbsp;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marcus_muir_and_mclean_henzell_smaller.jpg" width="1200" /> 
Marcus Muir, left, with Henzell&nbsp;director McLean Henzell. Image supplied

Henzell Property Group plans to deliver the project in two stages, with the design taking advantage of the two-street frontage by creating an activated laneway for vehicle and pedestrian access between Bulcock Street and Omrah Avenue providing a new sidewalk boulevard restaurant precinct.

&ldquo;This will become an iconic Sunshine Coast location for residents and visitors alike providing a new streetscape that connects Bicentennial Park, north of Omrah Avenue, and south to the beachfront,&rdquo; Muir said.

&ldquo;The location offers everything that residents could want in a Sunshine Coast lifestyle with an easy stroll to some of Caloundra&rsquo;s best beaches and shopping with Bulcock Street right at your doorstep.

&ldquo;When combined with luxurious apartments offering generous floor plans and either northern orientation or sprawling ocean views, this is exactly what the market is looking for in a coastal residence.&rdquo;

The first stage of the development will comprise a boutique collection of 39 apartments over 10 levels that will boast some of the best view&rsquo;s that Caloundra has to offer.

Preliminary works have already begun at this stage ahead of Henzell Property Group releasing apartments to the market.

&ldquo;We have chosen to release the most boutique offering to the market first to cater for exceptional demand for luxury residences by owner-occupiers,&rdquo; Muir said.

&ldquo;Stage one will comprise a collection of two and three-bedroom residences along with a penthouse collection, resort style pool and tranquil pool side areas.&rdquo;

Henzell Property Group has been buoyed by the success of its latest development at Pelican Waters, with a sell-out of an exclusive release of luxury residences in the first stage of the $200 million precinct known as The Cove.

[smartcode_project:default project_id=27849 project_image_fid=151643]

All 15 homes in the Terrace Collection were snapped up for a total of $12 million, highlighting the appeal of high-end residences among-end users on the Sunshine Coast.

&ldquo;Buyers in this segment of the market are typically looking for a relaxed lifestyle close to the water and within easy reach of retail, dining and entertainment facilities,&rdquo; Muir added.

&ldquo;With this iconic new development, we are planning to add a new level of sophistication to the natural appeal that attracts so many people to the Caloundra lifestyle.&rdquo;

Henzell acquire Sunshine Coast's Suncourt Motel, plans mixed-use Caloundra development

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The Priceline Pharmacy building in the Sunshine Coast suburb of Caloundra at 66 Bullock Street has been offered to the market
The property, 100 per cent leased to Star Pharmacy Group Pty Ltd, is being offered for sale via an expressions of interest campaign.
The asset is being marketed and sold by Ray White Commercial QLD father and son duo Stephen and Elliot Kidd, in conjunction with Henzells Commercial Real Estate’s Paul Bell.
Mr Stephen Kidd said the two-level commercial building was in the heart of one of the Sunshine Coast’s most popular tourist destinations.
“A new corporate head lease from the Star Pharmacy Group over the entire building is being offered, with the ground floor retail occupied by Priceline Pharmacy and upstairs previously used as a function room,” he said.
“The current net income produces $166,340 after all deductions, including land tax.”
Mr Elliot Kidd said Star Pharmacy Group acquired and refurbished their tenancy in 2016.
“The ground floor income is underwritten by a fresh five-year corporate lease with options until 2045,” he said.
Mr Bell said the upper level comprised open-plan accommodation that was currently fitted out for an entertainment venue.
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Priceline Pharmacy building in Sunshine Coast's Caloundra listed

<html><body>
Rugby league legend Allan 'Alfie' Langer and wife Janine have sold their Sunshine Coast apartment.
They paid a savvy $865,000 for the apartment in 2016, given the three bedroom unit sold for $1.26 million when new in 2010.
They have secured a $955,000 sale, after asking offers over $949,000.
The open plan beachfront apartment has a beach-facing balcony with views across Bulcock Beach to Bribie Island.
REMAX Caloundra agent Lachlan Anderson sold the apartment.
Langar, the Rugby League hall of famer, is currently on the coaching panel at the Brisbane Broncos, as well as with the Australian national team. 
A bronze statue of Langar was revealed earlier this year outside Suncorp.
This article was first published in the Weekend Australian.
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League legend Allan Langer sells Sunshine Coast apartment

<html><body>
Caloundra is ranked among Queensland’s fastest selling localities for houses, according to a recent Investar report.
The property data firm says that it takes on average 50 days for houses in Caloundra to sell.
This was followed by Bahrs Scrub at 60 days and Park Ridge at 69 days.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="97">
Suburb
</td>
<td valign="top" width="55">
Postcode
</td>
<td valign="top" width="60">
Bedrooms
</td>
<td valign="top" width="98">
Days on market
</td>
<td valign="top" width="113">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="97">
Caloundra
</td>
<td valign="top" width="55">
4551
</td>
<td valign="top" width="60">
4
</td>
<td valign="top" width="98">
50
</td>
<td valign="top" width="113">
$488,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Bahrs Scrub
</td>
<td valign="top" width="55">
4207
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="98">
60
</td>
<td valign="top" width="113">
$392,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Park Ridge
</td>
<td valign="top" width="55">
4125
</td>
<td valign="top" width="60">
4
</td>
<td valign="top" width="98">
69
</td>
<td valign="top" width="113">
$418,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Greenslopes
</td>
<td valign="top" width="55">
4120
</td>
<td valign="top" width="60">
2
</td>
<td valign="top" width="98">
71
</td>
<td valign="top" width="113">
$475,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Deebing Heights
</td>
<td valign="top" width="55">
4306
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="98">
76
</td>
<td valign="top" width="113">
$354,500
</td>
</tr>
<tr>
<td valign="top" width="97">
Ripley
</td>
<td valign="top" width="55">
4306
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="98">
78
</td>
<td valign="top" width="113">
$353,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Wishart
</td>
<td valign="top" width="55">
4122
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="98">
78
</td>
<td valign="top" width="113">
$599,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Thornlands
</td>
<td valign="top" width="55">
4164
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="98">
79
</td>
<td valign="top" width="113">
$493,000
</td>
</tr>
<tr>
<td valign="top" width="97">
Caloundra West
</td>
<td valign="top" width="55">
4551
</td>
<td valign="top" width="60">
4
</td>
<td valign="top" width="98">
79
</td>
<td valign="top" width="113">
$486,500
</td>
</tr>
<tr>
<td valign="top" width="97">
Molendinar
</td>
<td valign="top" width="55">
4214
</td>
<td valign="top" width="60">
3
</td>
<td valign="top" width="98">
85
</td>
<td valign="top" width="113">
$462,000
</td>
</tr>
</tbody></table>
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-caloundra-125648086" target="_blank">9 Third Avenue</a>, Caloundra (above) recently sold for $540,000 after spending 11 days on the market.
Built in 1965, the 630 square metre house last sold for $110,000 in 1999.
Another three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-caloundra-125863158" target="_blank">11 Minchinton Street</a>, Caloundra (below) recently sold for $516,000 after spending five days on the market.
Built in 1960, the 610 square metre house last sold in 2012 for $195,000.
<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/2017/09/15/11%20Minchinton%20Street.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-caloundra-124119718" target="_blank">14 Orsova Terrace</a>, Caloundra (below) sold this year for $595,000 after spending nine days on the market.
<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/2017/09/15/14%20Orsova%20Terrace.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-caloundra-124434438" target="_blank">10 Third Avenue</a>, Caloundra sold this year for $545,000 after spending two days on the market.
Built in 1970, the 630 square metre house sold for $455,000 in 2009.
<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/2017/09/15/10%20Third%20Avenue.jpg" alt="">
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Caloundra ranks as fastest Queensland locality to sell houses: Investar

<html><body>
Caloundra is the fastest ranked suburb in Queensland where a house will spend the least amount of time on the market, according to Investar’s latest market report.
The property investment firm states that the average time a house in Caloundra will spend is 67 days.
This is followed by Durack with 68 days and Birtinya with 69 days.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Bedrooms
</td>
<td valign="top" width="106">
Days on market
</td>
</tr>
<tr>
<td valign="top" width="106">
Caloundra
</td>
<td valign="top" width="106">
4551
</td>
<td valign="top" width="106">
4
</td>
<td valign="top" width="106">
67
</td>
</tr>
<tr>
<td valign="top" width="106">
Durack
</td>
<td valign="top" width="106">
4077
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
68
</td>
</tr>
<tr>
<td valign="top" width="106">
Birtinya
</td>
<td valign="top" width="106">
4575
</td>
<td valign="top" width="106">
4
</td>
<td valign="top" width="106">
69
</td>
</tr>
<tr>
<td valign="top" width="106">
Algester
</td>
<td valign="top" width="106">
4115
</td>
<td valign="top" width="106">
4
</td>
<td valign="top" width="106">
73
</td>
</tr>
<tr>
<td valign="top" width="106">
South Ripley
</td>
<td valign="top" width="106">
4306
</td>
<td valign="top" width="106">
4
</td>
<td valign="top" width="106">
74
</td>
</tr>
</tbody></table>
For the median price of $481,000 in Caloundra investors are able to purchase a four bedroom home at <a href="https://www.domain.com.au/22-osprey-street-caloundra-qld-4551-2012952959" target="_blank">22 Osprey Street</a> (above) that is for sale for $460,000.
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Houses in Queensland's Caloundra spend 67 days on market on average: Investar

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Developer AVJennings has completed construction on the first stage of its new Creekwood Central precinct in Caloundra on Queensland's Sunshine Coast.
The development features 31 double story architecturally designed townhouse with a choice of five contemporary two and three bedroom floorplans, with prices starting from just $345,000.
Creekwood Central has five home designs - the Clovelly, Fraser, Iluka, Esperance and Hamilton which range up to 178 sqm and a five to six star energy rating.
All townhomes feature open plan living and dining areas, with a generous kitchen complete with European stainless steel appliances, stone benchtops and ample storage. The townhomes have been designed to be light and breezy, with large windows for cross-ventilation and supported by air-conditioning in the main living areas and master bedroom.
Rod Chadwick, AVJennings Queensland state general manager said Creekwood Central has been created in response to increasing demand from buyers for homes that offer convenience and connectivity.
"These townhomes are turn-key, so home buyers can see the quality of their new home first hand and make the move as soon as they are ready," he said.
"We also believe variety and individuality are important, so we have included a range of floorplans and a choice of two colour schemes called Sandstone and Pumice in Creekwood Central to appeal to different markets.
"I anticipate first time buyers, investors and downsizers will snap up the two bedroom, two bathroom, single garage Hamilton and Fraser townhomes, with a choice of a 'loft' design with a balcony or a traditional terrace style home with front and rear courtyards.
"Those looking for a larger abode will find the Clovelly, Iluka and Esperance designs meet their needs, with three bedrooms, two bathrooms plus powder room and a single or double garage. These designs all include outdoor entertainment areas and a dedicated study space for students or professionals needing a home office.
"These townhomes have been designed not only to suit residents but also the Creekwood lifestyle, so home buyers can take advantage of the community's proximity to the lake and beach."
For more information, <a href="https://creekwood.com.au" target="_blank">click here</a>.
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