Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

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Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Celebrity News

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Channel 7 TV show My Kitchen Rules food editor, Kellie Thomas and her filmmaker husband Pete Mether sold their North Balgowlah home for $1,405,000 under the hammer recently.
<a href="https://www.realestateview.com.au/Real-Estate/12-abingdon-street-north-balgowlah/Property-Details-sold-residential-8461788" target="_blank">The three-bedroom house</a> had been expected to sell for about $1.3 million according to selling agent Tim Wirth of LJ Hooker Seaforth.
Thomas, who is in her sixth season as food editor of the hit Channel Seven show, paid $751,500 in 2008.
Following her international hospitality degree, she moved to London and set up her catering company, Saffron, cooking and teaching in the UK and Europe. 
Thomas moved to Australia in 2002 to work for the Australian Women’s Weekly, originally as a senior home economist.
From there she moved to New Idea, before editing the MasterChef Cookbook Vol 1, Our Family Table by Julie Goodwin and collaborating with Spanish chef Miguel Maestre on his first cookbook. 
Thomas moved to Channel 7 as the food editor for the second series of My Kitchen Rules.
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jchancellor-FAypfDUnLy

Inside the real My Kitchen Rules kitchen  

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The former New Zealand rugby union international Huia Gordon and his wife Koa have listed their regional Brisbane acreage agistment property.
The 10 hectare property at Hemmant is where they were married.
Set in Brisbane’s east, 10 kilometres from the Brisbane CBD, <a href="https://raywhitetingalpa.com/qld/hemmant/1277976/" target="_blank">the 76 Foley Road property</a> has been listed by Keith Blair and Sarah Parker of Ray White Tingalpa.
Huia Gordon represented New Zealand as a front row forward in the 1980s and 1990s.
The near new six bedroom executive family resort style residence has been listed as business commitments mean he spends most of his time in Christchurch as managing director of international furniture, fittings, electrical appliance and building products company, Huidon Group.
The business is rebuilding work in Christchurch following the devastating earthquakes.
New Zealand has been seeking 1,000 Queensland tradespeople to assist with the reconstruction.
There is income from the agistment as well as rent from the two self-contained two bedroom units adjoining the 15 stables, seven tack bays and a wash bay.
There is also a dressage area, an approximately 900 metre trotting track, two round yards and barrier gates and fully fenced paddocks.
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Kiwi front rower Huia Gordon lists Brisbane acreage to head home to Christchurch

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Property investor Richard Moseley’s Bonnie Doon holiday fibro near Lake Eildon in Victoria – which featured in the 1997 comedy The Castle as the serene holiday home of the Kerrigan family – sold earlier this year at an undisclosed price.
<a href="/expert-insights/buying/the-kerrigans-the-castle-bonnie-doon-holiday-shack-back-for-sale">It was listed last November at $240,000</a>, but came with an adjusted $225,000 asking price in the new year.
The shack sale price has now emerged as $200,000, reflecting less than 2% annual price growth over its nine year ownership.
It has been bought by Melpomeni and Angelo Katapodis of Balwyn North.
Moseley proudly secured the property for $169,950 in 2006 but then first wanted out, unsuccessfully, in 2011.
The two-bedroom cottage – located 165 kilometres from Melbourne <a href="https://www.realestateview.com.au/Real-Estate/3491-maintongoon-road-bonnie-doon/Property-Details-buy-residential-7906790" target="_blank">at 3491 Maintongoon Road</a> – was listed then at $195,000 in 2011. 
The shack sold at $50,000 in 1995, two years before its getting its enduring celebrity status.
It's annual price growth between 1995 and 2006 was at 11%.
The cast, including Michael Caton, Stephen Curry and Eric Bana, only spent one day there.
 
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How slow is Bonnie Doon? The Castle shack a steal at just $200,000

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Fashion designer Collette Dinnigan has her Paddington trophy home listed for 23 May auction through McGrath agent Ben Collier.
Her four bedroom sandstone Paddington Street house has become redundant since her purchase at <a href="/news/collette-dinnigan-buys-watson-bay-trophy-home-from-matthew-csidei">Watsons Bay</a>.
Set well back from the street, <a href="https://www.mcgrath.com.au/buy/house-paddington-nsw-2021/185144/?preview=1" target="_blank">the four bedroom double-fronted residence </a>on 379 square metres cost Dinnigan $4.45 million in 2009.
Since its purchase, she has used her creative flair to renovate the 1880s home.
Dinnigan and her partner Bradley Cocks had it briefly listed in 2010. The property has been listed for May 23 auction in conjunction with Will Manning at Ballard Property with $6 million plus hopes.
Title Tattle recalls it was bought from Peter Bracher who had bought the farmhouse cottage in 1989 for a then record $1,075,000.
It had been bought in 1975 for $82,000 by Hinke Zieck, the longtime Sydney ragtrader-cum-decorator and her husband Walter.
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Collette Dinnigan lists sandstone Paddington trophy home

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Positioned high above Madison Square Park crowning the One Madison Condominium, media tycoon Rupert Murdoch has decided to sell his grand-scale penthouse before he moves in.
Perhaps he's thinking of his new puppy?
With nearly 7,600 square feet of interior and terraced luxury, it comes with a US$72 million (A$92.15 million) asking price some 58 floors up.
It is marketed as featuring a double height Great Room with a sweeping staircase, an oversized gracious master suite, four additional bedrooms, and a private internal elevator.
The home will offer cinematic 360-degree Park, River and New York City skyline views in the doorman block.
Dolly Lenz has the five bedroom, five bathroom listing.
According to the Wall Street Journal, Murdoch paid US$57.25 million (A$73.24 million) for the penthouse as well as a three-bedroom apartment on level 57 in February 2014. 
The chairman of News Corp and 21st Century Fox and owner of the Move Inc realestate website then commissioned architect Jose Ramirez to fit out the 636-square-metre abode.
Murdoch is keeping the 57th floor apartment for now, but will instead move to a restored downtown townhouse, his spokesman told the WSJ.
According to public records, Rupert Murdoch paid US$25 million (A$32 million)for the townhouse in a deal that closed last month.
The Greek Revival house recently renovated by developer George Agiovlasitis dates back to 1913, when newspaper baron William Randolph Hearst owned the site.
It bit of it went on the market last year for $30 million with Brown Harris Stevens.
The townhouse is 6,500 square feet, with an elevator, a roof deck, a 1,200-bottle wine cellar, a media room and a gym.
That would seem more suitable for Rupert Murdoch's golden doodle.
Title Tattle gleans <a href="https://murdochhere.tumblr.com/" target="_blank">Rupert has a new puppy</a> as his Rhodesian Ridgeback died four years ago. 
And did you know he's ruthless at Monopoly? 
<img src="/images/2015/04/20/murdoch%20april%2020%20bre.jpg" alt="">
Source: Tumblr <a href="https://murdochhere.tumblr.com/rupertmurdoch" target="_blank">murdochhere</a>
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Not finished, but peek inside Rupert Murdoch's redundant $92 million New York penthouse

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Calahla, the former rental home of Australia's first Prime Minister, Sir Edmund Barton, has been sold.
There were $3.3 million hopes for <a href="https://www.domain.com.au/property/sold/house/nsw/balgowlah/?adid=2011863481&amp;sp=4" target="_blank">the </a><a href="https://www.domain.com.au/property/sold/house/nsw/balgowlah/?adid=2011863481&amp;sp=4" target="_blank">1877 Balgowlah home</a>.
The Victorian Rustic Gothic home was built for William Marshall Jackson, a partner of ironmonger Lassetter and Co.
Then known as Calahla, it was leased by Barton in 1888, the year after he was appointed to the NSW Legislative Council.
Barton stayed until 1891 when he stood for election to East Sydney.
The home last traded in 2004 when bought by the Norwegian Seaman's Church for $2.2 million. 
The White Street property name was changed to Whitehall during the ownership of former state MP Doug Darby who bought the property in 1953.
Barton contested the inaugural 1901 federal election as a member of the Protectionist Party.
He served as Prime Minister until 24 September 1903, when he resigned to take up a chair on the High Court. He served on the Court until his death in 1920.
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Edmund Barton's Calahla at Balgowlah sold

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A 1926 Hollywood regency style home credited as Australian actor Errol Flynn's former home has been listed for sale at US$5.95 million (A$7.83 million).
It is set in the desirable Bird Streets of the Hollywood Hills with city views to downtown LA.
Listing agents include <a href="https://instagram.com/p/1d-41enLos/" target="_blank">Chad Rogers</a> at Hilton &amp; Hyland.
<a href="https://www.propertyobserver.com.au/https://www.redfin.com/CA/Los-Angeles/9250-Cordell-Dr-90069/home/6835374" target="_blank">Redfin</a> suggest it last sold at US$2.85 million (A$3.75 million) in 2013, then in 2008 at US$2.95 million (A$3.88 million), then US$1.27 million (A$1.67 million) in 2001.
Designer John Elgin Wolfe was responsible for the 1950s makeover of the 1920s Italian-style villa for the late comedian-actor Paul Lynde after Flynn's ownership.
The main floor features silver-leaf wood floors, original marble fireplace, antique chandelier suspended from the high ceilings and five pairs of arched french doors that overlook the city from all terraces.
The entire second floor is a lavish master suite with sitting room with his and hers closets.
There are also two master baths both having walls covered in hand-antiqued mirrors
The pool level features Woolf's signature domed roof cabana and trapezoidal pool.
Owners have included musician Moby and the Alice + Olivia clothing designer Stacey Bendet.
The John Elgin Wolfe-designed home better associated with Errol Flynn is 7740 Mulholland Drive, Los Angeles, which was sold in 1959 for $180,000.
Errol Flynn was born in 1909 in Hobart and died in 1959.
There's a webpage on the Errol Flynn blog devoted to t<a href="https://www.theerrolflynnblog.com/?s=cordell+drive" target="_blank">he addresses with a ink to Errol</a>!
It suggests Flynn bought it for the family of his second wife, Nora Eddingtton.
Specific Addresses Associated with Errol
8946 Appian Way – Tiger Lil’s Lair, On the Crest of Lookout Mountain 4320 Cedarhurst Circle – The Cedars 9250 Cordell Drive – Home Errol Bought for Eddington Family 5930 Franklin Avenue – Chateau Elysee 2000 No. Fuller Avenue – The Pines (Guesthouse) 7245 Hillside Avenue – Reported Residence 6654 Hollywood Boulevard – Walk of Fame Star (Motion Pictures) 7008 Hollywood Boulevard – Walk of Fame Star (Television) 1714 Ivar Avenue – Knickerbocker Hotel 2450 Laurel Canyon Boulevard – Reputed Location for Parties 2451 Laurel Canyon Boulevard – Reputed Location for Parties 7740 Mulholland Drive – Mulholland Farm 1652 North Cherokee Avenue – Boardner’s Bar 601 North Linden Drive – Roz Russel Home, rented by Errol &amp; Niv 801 North Linden Drive – Private Home, Association Unknown to Me 3400 Riverside Drive – Warner Brothers Studios, Burbank 1357 Schuyler Road – Allegedly Built By Errol, But Unconfirmed 1712 South Glendale Avenue – Forest Lawn Memorial Park, Glendale 345 St. Pierre Road – Colleen Moore’s Mansion in Bel Air 1709 Tropical Avenue – Resided with Lili 6525 West Sunset Boulevard – Hollywood Athletic Club 8152 West Sunset Boulevard – The Garden of Allah 8221 West Sunset Boulevard – Chateau Marmont 8245 West Sunset Boulevard – Private Home, Association Unknown to Me 8358 West Sunset Boulevard – Sunset Towers
Locations without Specific Addresses
Balboa Yacht Basin (Newport Beach) Three Arches Beach (Laguna Beach)
 
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Former Hollywood home of Errol Flynn listed

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AC/DC founding member Malcolm Young and his wife O'Linda have bought a Palm Beach beachfront property.
Its sale through Noel Nicholson of LJ Hooker Palm Beach broke on the News Ltd website yesterday.
Ranked as the biggest on the northern beaches for two years, the five-bedroom home on 520 square metres was sold by the recently retired mining executive Geoff Plummer and his wife, Ingrid, who bought the property for $7.5 million only a year ago.
The undisclosed price purchase was done without any registered mortgage. The reported price has been put at around $10 million.
Last year the rock'n'roll legend retired after being diagnosed with Alzheimer's disease.
The Pittwater property which was constructed as a triplex is expected to be used by O'Linda and the couple's two children while Malcolm Young is in a full-time care facility.
The guitarist founded the band with his brother, Angus in 1973.
It is the highest Palm Beach sale since 2013 when the private equity funds boss Chris Hadley paid $10.6 million for his weekender.
The Young purchase was the early 2000s project of the property developer Andrew Richardson who created a beachfront Balinese-style Palm Beach retreat.
The two-storey, four-bedroom Lee Hillam-designed house, with separate guest quarters and views along Pittwater, was finished in 2003.
It stands on 525 square metres in Iluka Road, with a central garden between the two living quarters. 
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AC/DC's Malcolm Young spends $10 million at Palm Beach

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The onetime Main Beach, Gold Coast apartment of the former entrepreneurial medico Geoffrey Edelsten was passed in on a $1.5 million vendor bid at auction yesterday.
It was the opulent Palazzo Versace apartment bought for his then wife, Brynne, though this time it has been listed via a new company holding following an April 2014 transfer from Norman South Pty Ltd to Selfside Pty Ltd.
The Gold Coast apartment was bought in late 2011 for a reported $3 million before its $1.5 million refurbishment.
It has been relisted through Lucy Cole of Lucy Cole Prestige.
"It's not mine, I have nothing to do with it," Geoffrey Edelsten recently told the Daily Mail.
"At one stage I headed a company that was a trustee [of the property] but it was replaced a-year-and-a-half ago and I have nothing to do with it," he said.
The two-level property, which overlooks the Broadwater, comes with a large rooftop garden with spa.
It comes with genuine Versace furniture imported from Milan comprising the finest leathers and brocades, exclusive Italian bed linen and tableware - able to be secured through separate negotiation - excepting the exquisite lighting including a massive crystal chandelier which stays.
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Geoffrey and Brynne Edelsten's former Palazzo Versace apartment passed in

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The 1940s Kew home rented by the actor Gregory Peck during the production of the 1959 film On The Beach sold at Melbourne auction today.
It fetched $3.11 million as the owners of the three-bedroom home at <a href="https://www.realestateview.com.au/Real-Estate/59-fellows-street-kew/Property-Details-buy-residential-8392634" target="_blank">59 Fellows Street</a> secured $400,000 above the reserve price.
The Marshall White selling agent Jack Stean didn't market the home’s Hollywood link in the campaign, but the longtime owners and neighbourhood have been fond tellers of the story.
It is set on 957 square metres in the Studley Park precinct one of Melbourne's finest residential areas, with panoramic City skyline views. 
Gregory Peck starred alongside Ava Gardner in the post-apocalyptic film adapted from the 1957 Neville Shute novel. 
<a class="image" href="https://en.wikipedia.org/wiki/File:OnTheBeach.jpg"><img src="https://upload.wikimedia.org/wikipedia/en/thumb/4/43/OnTheBeach.jpg/220px-OnTheBeach.jpg" alt="OnTheBeach.jpg" width="220" height="325" data-file-width="282" data-file-height="417"></a>
It's disputed but long reported that Ava Gardner famously described Melbourne as “the perfect place to make a film about the end of the world”.
The Fellows Street site was offered with the prospect of building a luxurious new residence. 
The accommodation over two levels currently comprises sitting room with adjacent dining, three bedrooms, main with WIR and ensuite, period-style family, full-width informal living and dining with modern timber kitchen with rear decks overlooking a deep, rambling garden with soaring mature trees.
<a href="/news">CoreLogic RP Data</a> put Kew's median house price at $1.85 million. 
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