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.

[smartcode_project:default project_id=150489 project_image_fid=373834]

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

<html><body>
Sydney Kiis FM radio breakfast broadcaster Kyle Sandilands sold his five bedroom St Ives home late last year.
<a href="https://chadwickrealestate.com.au/4728501/39-Bundabah-Avenue-St-Ives" target="_blank">The 39 Bundabah Avenue</a> house had been listed through Chadwick Real Estate with $3 million hopes, achieving $2.9 million.
The now empty, two storey home on 1,600 square metres was bought in 2008 for $1.9 million, shortly before his marriage to pop singer Tamara Jaber.
Kyle Sandilands now rents acreage in <a href="/news">Ingleside</a> with girlfriend Imogen Anthony.
CoreLogic RP Data puts the <a href="/news">St Ives median house</a> price at around $1.32 million. In 2008 it was sitting in the $900,000s.
</body></html>

jchancellor-FAypfDUnLy

Shock jock Kyle Sandilands secures snappy St Ives home sale

<html><body>
Entertainment industry veteran John 'Strop' Cornell and his wife, Delvene Delaney, who were Paul Hogan's sidekicks in their comedic heyday, have listed their Belongil beach retreat.
It was more than three decades ago that they all took a fancy to property around <a href="/news">Byron Bay</a>, and after almost 30 years of ownership the couple are putting the best of their remarkable holdings on the market.
It is a very private 2.3 acre compound, known as lost 4 and 5 Border Street.
The modernised two level home at Belongil has been listed through LJ Hooker agent Glen Irwin. <a href="https://www.ljhooker.com.au/83YF5G/lot-4--5-border-street-belongil-byron-bay" target="_blank">Offers close January 28</a> for the absolute beach-front home with wrap-around timber decks with views of Cape Byron Light-house, Julian Rocks, Mt Warning and Belongil Beach.
Local sales suggest $10 million plus, according to local authoritative property observers.
"We no longer stay in our Belongil beach-house, and therefore wish to allow someone else the pleasure," Delvene Delany advised Property Observer.
It has been a $650 to $1600 per night rental offering too.
Two years ago the neighbouring beach-front holdings were offered for sale. Shannon Bennett, owner of Vue de Monde restaurant, paid $2 million for a five lot 4,588 square metre holding on the Belongil Beach peninsula and Adam Garrinson's Wetherby GPO trust company paid $2.25 million for its acquisition, on 18 month delayed settlement terms with financing from Apaing Woong.
The Cornell's are likely to retain the remaining vacant holding.
The lots were bought in the early 1980s for around $325,000 from the then local abattoir. Title Tattle once calculated the entire holding totalled 's 18,000 square metres or so.
The properties were bought in the name of Delvene Delaney who was a Sale of the Century television hostess and appeared with Paul Hogan and the John Cornell-devised character, the dopey Strop  in Channel 9 comedy shows.Cornell and Hogan went onto make the Crocodile Dundee movies, which earned both of them a fortune. Cornell also developed a close relationship with Kerry Packer, taking the World Series Cricket idea to Australia's richest person.
Much of their money went into buying extensive property around Byron Bay.
Paul Hogan had the most obvious of holdings, <a href="https://www.propertyobserver.com.au/new-south-wales/cedar-springs-the-paul-hogan-built-byron-bay-hinterland-house-listed-for-auction-by-duncan-and-sally-mount/2012073155795" target="_blank">Cedar Springs at Possum Creek in the Byron Bay hinterland estate.</a>
Paul Hogan and Linda Kozlowski sold it in 2006 to Duncan and Sally Mount.
</body></html>

John "Strop" Cornell and Delvene Delany list bonza Byron Bay beachfront home

<html><body>
The Los Angeles-based Academy Award-nominated actor Toni Collette, the star of the TV series United States of Tara, and her musician husband, David Galafassi, have sold in Bronte, just short of three years after they bought.
<a href="https://www.realestate.com.au/property-house-nsw-bronte-108317326" target="_blank">The Sydney property</a> (picture above on prior sale) sold for $5.75 million the week before Christmas after an off-market listing.
With gum tree in its front yard, the very private 1,100-square-metre hillside estate has limited ocean views.
It was sold to the Dewar family from Burraneer, who have a 1920s sandstone home on a 4,500 square metre waterfront block in the Sutherland Shire.
The recently sold Bronte property was the home they bought amidst their prior property play which ended in court proceedings against the couple.
It cost $5.5 million in December 2011, so would not have covered their initial $325,000 stamp duty purchase outlay.
Onthehouse puts its estimated value rage at between $5.5 million and $6.2 million
Core Logic RP Data gives <a href="/news">Bronte's median house price</a> as $2.2 million, up from $1.8 million in late 2011.
The couple had decided in 2011 that rather than undertake an expensive Bronte renovation, at their then Bronte home, they’d buy elsewhere.
They<a href="https://www.propertyobserver.com.au/residential/actor-toni-collette-and-muso-david-galafassi-fall-for-the-charms-of-contemporary-inner-city-paddington/2011110752250" target="_blank"> quickly secured a $6 million Paddington property</a>, but then struggled to find a buyer for their redundant unrenovated hillside Bronte house.
Their 1885 Bronte weatherboard cottage that cost $4.4 million in mid-2009 was eventually sold for $3.5 million, in a swap with buyers elsewhere in Bronte.
Property Observer is not aware of any recent Sydney acquisition by the Galafassi couple who reportedly holidayed at Port Macquarie, returning to Australia for the festive season, the Sydney Confidential column reported.
Galafassi grew up in Port Macquarie.
The entertainment industry couple probably won't be able to stay renting again in Bronte as the redundant house of media tycoon Lachlan Murdoch and his wife, model Sarah, <a href="https://www.propertyobserver.com.au/new-south-wales/lachlan-and-sarah-murdoch-re-list-their-bronte-house/2011092251653" target="_blank">which sold last year,</a> through Christies International agent Ken Jacobs recently settled with the buyer emerging as the Weinstock family.
Ariram and Helen Weinstock paid $10 million with son, Simon having a 1/100th stake in the acquisition.
Collette finished recently filming Miss You Already in London alongside Drew Barrymore, in which she shaved her head to play a character with breast cancer.
</body></html>

Actor Toni Collette sells her Bronte home 

<html><body>
Finally, some sales among the sportsmen of Sydney's Sutherland Shire.
Australian test cricket captain Michael Clarke has sold his Lilli Pilli home for $2.55 million.
He paid $2.87 million in 2006 for the home, pictured above. 
It was listed in August. <a href="https://www.mcgrath.com.au/buy/house-lilli-pilli-nsw-2229/206824/?searchID=41873569" target="_blank">The contemporary five-bedroom, four-bathroom split-level house</a> comes with pool, spa and boatshed on its 1670 square metre bushland riverfront block.
Earlier this year Clarke and wife, Kyly spent $8.3 million in Vaucluse.
Teammate Shane Watson has also sold his Caringbah South waterfront home, pictured below.
<img src="/images/2014/12/12/caringbah.jpg" alt="">
It reportedly went for $3.9 million which matched the $3.9 million paid in 2010.
Shane Watson and wife Lee Furlong had hoped for $4 million plus for the<a href="https://www.domain.com.au/property/for-sale/house/nsw/caringbah-south/?adid=2011413568" target="_blank" style="line-height: 1.3em;"> listing.</a>
</body></html>

Michael Clarke and Shane Watson sell Sutherland Shire homes

<html><body>
The Melbourne- based comedian Dave Hughes has snappily sold his St Kilda family home, just two weeks into the marketing.
The renovated three bedroom Victorian terrace was being offered with $2 million plus hopes by Hughes and his wife, journalist Holly Ife.
It cost $1.8 million in 2007 and before than $1.27 million in 2002. No sale price has been revealed.
<a href="https://www.hockingstuart.com.au/49_ROBE_STREET_ST_KILDA_VIC_3182" target="_blank">Fareham</a> was built 1867 by architect William Allen. 
<div>Allen was builder of the first St Kilda Town Hall on the corner of Grey and Barkly Streets in the 1850s, which was demolished in the 1930s. It is said the terrace, along with neighbouring Figsby include some design elements derived from the early Town Hall: the Roman Doric columns, verandah and internal stairs. 
</div>
It has been the home of the painter Albert Tucker and his wife Joy Hester. Tucker's painting 'Watcher on a Balcony' shows the unusual iron work. The writer Marcus Clarke also lived there.
Hockingstuart agent Sam Inan had the private treaty offering.
Hughes will be returning to radio with his longtime co-host Kate Langbroek in the drive slot at Kiis FM next year.
The couple bought another St Kilda home in 2010 for $1.84 million. 
</body></html>

Comedian Dave Hughes snappily sells $2 million plus St Kilda heritage terrace

<html><body>
Jockey Hugh Bowman, who returned to Sydney from Melbourne with two group 1 Flemington spring carnival wins, couldn't secure the weekend sale of his Queens Park home.
It was listed with $1.75 million-plus hopes and passed in on a $1.78 million bid through McGrath agent Mark McPherson who sold it to Bowman when he was at NG Farah.
It is now <a href="https://www.mcgrath.com.au/buy/house-queens-park-nsw-2022/245573/?searchID=45299161" target="_blank">priced at $1.86 million</a>.
Bowman and wife Christine need to trade up from the 1890s Denison Street home as their daughter, Bambi is nearly one year old.
It cost $1.25 million back in 2006.
</body></html>

Jockey Hugh Bowman's Queens Park home passed in

<html><body>
Actor John Waters and his wife Zoe Burton have secured $1,625,000 for their Leichhardt home which was auctioned on the weekend through McGrath agent Danielle Dewhurst.
<a href="https://www.mcgrath.com.au/buy/house-leichhardt-nsw-2040/243385/?searchID=45297806" target="_blank">The Arthur Street property</a> was bought in late 2000 for $535,000.
The three bedroom, two bathroom, double fronted house on its 341 square metre block had $1.5 million expectations for its 6 December auction.
It was listed given their recent Southern Highlands purchase of an old farmhouse on two hectares in Robertson.
</body></html>

Actor John Waters heads to Southern Highlands with Leichhardt home sold

<html><body>
The TV presenter Penne Dennison has sold her three bedroom North Bondi home before its scheduled auction for $1.9 million.
There were<a href="https://www.realestateview.com.au/Real-Estate/13-patterson-street-north-bondi/Property-Details-buy-residential-7957088" target="_blank"> initial $1.9 million plus hopes</a> held by <a href="https://www.propertyobserver.com.au/https://www.raineandhorne.com.au/doublebaybondibeach/properties/293004" target="_blank">listing agent Ric Serrao of Raine &amp; Horne</a>.
The TV presenter has been a host on Foxtel’s Family Movie Channel.
The garden came with separate studio.
It was only bought in August last year at $1.81 million before its quick makeover.
The house prior to its renovation: 
<img src="/images/phocagallery/2014/12/north-bondi-dec-4/north%20bondi_0000_1.jpg.jpg">
<img src="/images/phocagallery/2014/12/north-bondi-dec-4/north%20bondi_0001_2.jpg.jpg">
<img src="/images/phocagallery/2014/12/north-bondi-dec-4/north%20bondi_0003_4.jpg.jpg">
<img src="/images/phocagallery/2014/12/north-bondi-dec-4/north%20bondi_0004_5.jpg.jpg">
<img src="/images/phocagallery/2014/12/north-bondi-dec-4/north%20bondi_0005_6.jpg.jpg">
 
</body></html>

TV host Penne Dennison sells North Bondi home

<html><body>
Los Angeles based landscape designer and reality TV host Jamie Durie has withdrawn his hillside Bilgola, Sydney trophy home from auction tomorrow night.<a href="https://www.domain.com.au/property/for-sale/house/nsw/bilgola-plateau/?adid=2011418712" target="_blank"> </a>
The 614 square metre holding was bought in 2003 for $1.3 million, with architect Walter Barda then commissioned to build <a href="https://www.domain.com.au/property/for-sale/house/nsw/bilgola-plateau/?adid=2011418712" target="_blank">t</a><a href="https://www.domain.com.au/property/for-sale/house/nsw/bilgola-plateau/?adid=2011418712" target="_blank">he four-bedroom residence</a>.
It comes with gym, pool, sauna, rooftop deck and yoga room overlooking the beach, designed to look like a whale. An observation deck is the shape of a whale stomach, with the zinc roof in the style of a whale’s tail.
Advertised as Avalon Beach, Bill Eames, of LJ Hooker Avalon has the<a href="https://avalon.ljhooker.com.au/CJRF58" target="_blank"> 3 Plateau Road, Bilgola</a> private treaty listing with Christies International agent Ken Jacobs. The auction has been postponed, likely into the new year, Bill Eames advised Property Observer, adding it would be a terrific toe hold into the northern beaches by any expatriate intending to buy over summer.
It is too big as a bolt hole for the constantly travelling Durie, who intends to downsize in Sydney when it is sold.
No price guidance was being given on its early September marketing, but there were reported ambitious $4.4 million plus record hopes.
Since the Durie listing another hillside Bilgola property has also been listed which confidently expected to set the non-waterfront record price.
Liquidator Ian Ferrier and Joanne May have their Iain Halliday-redesigned four bedroom Bilgola residence, the Stone House listed hoping to beat the suburb's non-waterfront record, set in the valley in April last year at $4.4 million at 7 Bilgola Avenue.
Built in 1927, <a href="https://www.realestate.com.au/property-house-nsw-bilgola-118188419" target="_blank">the sandstone landmark</a> (pictured below) retained its original stone walls, casement windows and curved ceilings during its BKH redesign.
The Wollombi Road house was bought by Ferrier and May in 2001 for $2.1 million with an adjoining 1200 square metres added for $725,000 in 2002.
The Stone House is listed through Sotheby's Michael King.
<img src="/images/2014/12/02/bilgolga_0000_1.jpg.jpg" alt="">
</body></html>

Jamie Durie's Bilgola trophy home withdrawn from auction

<html><body>
The Melbourne comedian Dave Hughes has listed his St Kilda family home.
The renovated three bedroom Victorian terrace is being offered with $2 million plus hopes by Hughes and his wife, journalist Holly Ife.
It cost $1.8 million in 2007 and before than $1.27 million in 2002.
Fareham was built 1867 by architect William Allen. 
<div>Allen was builder of the first St Kilda Town Hall on the corner of Grey and Barkly Streets in the 1850s, which was demolished in the 1930s. It is said the terrace, along with neighbouring Figsby include some design elements derived from the early Town Hall: the Roman Doric columns, verandah and internal stairs. 
</div>
It has been the home of the painter Albert Tucker and his wife Joy Hester. Tucker's painting Watcher on a Balcony shows the unusual iron work. The writer Marcus Clarke also lived there.
Hockingstuart agent Sam Inan has the private treaty offering.
Hughes will be returning to radio with his longtime co-host Kate Langbroek in the drive slot at Kiis FM next year.
The couple bought another St Kilda home in 2010 for $1.84 million. 
</body></html>

Celebrity News

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Celebrity News

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News