<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Celebrity News

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Actor Chris Hemsworth has reportedly spent about $7 million to buy Kooeloah, the Broken Head, Byron Bay retreat, according to News Ltd.
With its name meaning 'home of the dolphins', it’s a haven away from the Hollywood fast lane overlooking Seven Mile Beach from its lagoon and lap pools complete with two bales.
The road into the property doesn't even have a name, the marketing suggested.
The multi-level Balinese-style main residence comes with three more villas over its 4.2-hectare holding.
All up there are eight bedrooms and 11 bathrooms.
It was <a href="/news/nsw/kooeloah-byron-bays-15-million-balienese-listing-title-tattle">listed in 2012 with reported $15 million hopes, </a>so Hemsworth's unconfirmed purchase would appear nicely timed.
Local architect Christine Vadasz designed the Balinese-style home, which was built by Ian Heanes for Suinee Wong Lomas, a retired film and television producer, and Eric Lomas, the retired chief executive of Singapore’s The Yellow River Network, after they bought the northern NSW property in 1989.
When approached by The Australian Suinee said she could not disclose anything about the sale.
There were sightings of Hemsworth around the Byron township last week, appearing on Facebook after he stopped into Yoflo for some of Byron's best frozen yoghurt.
No estate agent was given credit for the reported sale.
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jchancellor-FAypfDUnLy

Thor's Chris Hemsworth spends $7 million at Byron Bay

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Comedian Mick Molloy has sold his East Melbourne apartment which was listed mid-year through Jock Langley, of Abercromby’s.

The park side sixth floor apartment with city skyline views came with $3.2 million to $3.5 million price guidance. It is understood to have been bought by a printing industry business owner who has dabbled in eateries.

Molloy bought the two-bedroom apartment overlooking Fitzroy Gardens on Clarendon Street in 2007 for $3,125,000 off the plan, with settlement in 2009.

Indications have been that he would be seeking a property better suited to his young twin sons, Fred and Lenny, with Title Tattle gleaning he might instead rent awaiting a correction in the toppy Melbourne market before buying back. It has been the strategy suggested by the 3MMM breakfast team finance expert Scott Pape.

The master bedroom has its own balcony in the Bates Smart-designed block.

The European kitchen flows through to lounge and dining areas that open to a terrace.

<div class="cT-imageLandscape">
The Salta-built apartment comes with parking for two cars and storage room.

The complex has a 24-hour concierge, cinema, gym, 25-metre pool, steam room and sauna.

<h2>Melbourne properties selling now:</h2>

[smartcode_project:default project_id=600]

[smartcode_project:default project_id=3565]

[smartcode_project:default project_id=5559]
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Comedian Mick Molloy sells East Melbourne apartment

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Restaurateur Peter Kuruvita and his wife Karen sold their Zetland terrace ahead of its weekend auction.
It was listed given their recent move to Queensland opening the Noosa Beach House Peter Kuruvita.
Kuruvita bought the Portman Street terrace for $715,000 in 2004, around the time he opened his Flying Fish restaurant.
The renovated three bedroom had been tipped to fetch more than $1.25 million through <a href="https://www.mcgrath.com.au/buy/house-zetland-nsw-2017/235500/?searchID=42890637" target="_blank">McGrath agent Ben Forsyth</a>.
Title Tattle gathers around $1,325,000 was secured.
Sydney’s early spring home auction market continues to strengthen recording a 83.9% initial clearance rate, the highest recorded since February. The revised APM weekend rate sat above 80% for the second weekend.
Some 621 properties were listed to go under the hammer on Saturday which was well ahead of the 570 auctioned the weekend before and the 565 auctioned over the same weekend a year ago.
"Sydney is set to host over 2,400 auctions this September which will be an all-time record for the month and considerably higher than last September when 2003 homes went under the hammer," APM's senior economist Dr Andrew Wilson said.
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Sydney's auction heat as chef Peter Kuruvita sells Zetland home pre-auction

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A former Brighton home of retired cricketer Shane Warne was passed in on a vendor bid of $5.1 million at weekend auction.
Brighton's most famous residents, Shane Warne and Simone Callahan called <a href="https://www.realestateview.com.au/Real-Estate/102-esplanade-brighton/Property-Details-buy-residential-7552982" target="_blank">102 The Esplanade</a> (pictured above) home four four years until sold for $2.61 million in 2000.
It last sold nine years ago for $3.85 million when bought by the current vendors.
Nick Johnstone Real Estate had the lavish five-bedroom house listed in conjunction with Buxton with $5 million plus hopes.
The highest priced notified Melbourne sale of the past week was $3,525,000 when <a href="https://www.realestateview.com.au/Real-Estate/1a-rose-street-brighton/Property-Details-buy-residential-7519400" target="_blank">1A Rose Street, Brighton</a> (pictured below), a bakery warehouse style offering, sold late last week through hockingstuart.
<img src="/images/2014/09/22/brighotn%20sept%2022%20two.jpg" alt="">
The REIV reported a clearance rate of 75% was recorded on the weekend compared to 73% last weekend and 78% this weekend last year.
There were 894 auctions reported to the REIV this weekend, with 104 passed in on a vendor bid, Enzo Raimondo, the REIV chief said.
The Warne's bought the home, which comes with ocean views, for $902,000 in 1996.
The Warne's bought from the Goldstein family and sold in 2000 to Morry Fraid when they moved to Middle Crescent, Brighton which was bought for about $3.5 million in 2000 and sold for about $8.75 million seven years later.
It is understood that both Shane and Simone still reside in Brighton.
In February this year Simone spent $2.6 million on her abode.
<a href="/news/successful-sales-spin-secures-shane-warnes-brighton-mansion-sale">Shane sold Kilkerran</a> with downsizing plans to another Brighton house, although the reported $4 million sale has yet to be registered.
His historic four bedroom house, Kilkerran, which sits on a 2,202 square metre estate, fetched $10.85 million. 
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Former Warne house remains for sale, while Brighton bakery warehouse tops results

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The former World Cup winning Wallabies coach Bob Dwyer and his wife, Ruth, have sold their Southern Highlands retreat.
It was listed mid-year with $4.5 million plus hopes having been on the market for about $5 million in July 2013.
Title Tattle gleans around $4.55 million was secured.
Two Gates Farm is a 40-hectare property bought at <a href="/developments/robertson-nsw-2577">Robertson</a> as land in 2002 for $865,000.
The Richard Rowe-designed pavillion-style house sits in Annie Wilkes-designed gardens.
There are self-contained guest quarters, a pool and tennis court. 
<a href="https://www.mcgrath.com.au/buy/acreage-rural-robertson-nsw-2577/229083/?searchID=40535526" target="_blank">Hamish Robertson at McGrath</a> had the offering.
The couple will downsize to a three-bedroom house on 2,000 square metres in nearby <a href="/developments/bowral-nsw-2576">Bowral</a> for $550,000. 
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Coach Bob Dwyer sells Southern Highlands farm

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Cricketer Shane Watson and wife Lee Furlong have listed their five bedroom Caringbah South home for 8 October auction.
Their deep waterfront home has $4 million plus hopes for the two level offering.
The couple bought the new Grandview Parade house with a jetty and pontoon on Burraneer Bay in 2010 for $3.9 million. 
<a href="https://www.domain.com.au/property/for-sale/house/nsw/caringbah-south/?adid=2011413568" target="_blank">It is listed with Highland Property</a>'s David Highland and Mitchell Wynn. 
The couple recently sold a Gold Coast investment property.
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Cricketer Shane Watson lists Sutherland Shire home

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Los Angeles based landscape designer-turn-reality TV host Jamie Durie has listed his nicely gardened hillside Bilgola, Sydney home.<a href="https://www.domain.com.au/property/for-sale/house/nsw/bilgola-plateau/?adid=2011418712" target="_blank" style="line-height: 1.3em;"> </a> 
And he's making no secret of it.
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.
Bill Eames, of LJ Hooker Avalon has the 3 Plateau Road, Bilgola Plateau listing with Christies International agent Ken Jacobs.
No public price guidance is being given.
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Jamie Durie lists landscaped Bilgola, Sydney bolthole

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Champion sprinter turned coach John Steffensen, who has recently retired from athletics, has sold his Hunters Hill townhouse.
It was sold at recent auction for $1.06 million through <a href="https://www.realestate.com.au/property-townhouse-nsw-hunters+hill-117506303" target="_blank" style="line-height: 1.3em;">Bill Mallouhi at One Solutions</a>.
The Olympic silver medalist paid $730,000 in 2007.
He tweeted they the agency did an "amazing" job.
Steffensen, who became a father last year, co-hosts on Channel 9 sports programs.
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Sprinter John Steffensen sells Hunters Hill townhouse

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Jennifer Hawkins and her husband Jake Wall have snappily secured the $1.2 million sale of their investment Bondi apartment.
It was bought off the plan in 2007 for $895,000. It sold in less than two weeks of its listing late last month.
<a href="https://www.mcgrath.com.au/buy/apartment-bondi-nsw-2026/233599/?searchID=42537091" target="_blank">The 23/7 Henderson Street, Bondi</a> investment property of the former Miss Universe had a price guide of $1.1 million-plus ahead of its scheduled 20 September McGrath auction<a href="https://www.mcgrath.com.au/buy/apartment-bondi-nsw-2026/233599/?searchID=42141699" target="_blank"></a> by Adrian Bo.
The two bedroom, two bathroom 92 square metre apartment has district views towards the ocean. 
It sits in the BondiVue Apartments complex, a $20 million medium density development of 25 apartments and four terraces built for ING Bank.
The BondiVue's highest resale was <a href="https://www.realestate.com.au/property-apartment-nsw-bondi-116777215" target="_blank">$1.2 million in May this year</a> through Ray White for a garden apartment first sold in 2008 at $915,000. 
It came with 110 square metre internal space plus 110 square metre courtyard.
Its listing follows their $4 million waterfront <a href="/news/jennifer-hawkins-spends-4-million-on-newport-waterfront">purchase on Pittwater</a> (pictured below) at Newport<a href="https://www.domain.com.au/property/for-sale/apartment-unit-flat/nsw/bondi/?adid=2011389651&amp;sp=1" target="_blank">.</a>
<img src="/images/2014/07/18/newport%20one_0003_4.jpg.jpg" alt="">
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Jennifer Hawkins secures snappy bullish Bondi investment apartment sale

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John Watson, one of the most powerful men in the local music industry, has sold his Federation Randwick home for $3.8 million.
The four bedroom home designed by architect Harry Levine had been listed by John Watson and his wife, Belinda who'd hoped for $3.75 million.
The four bedroom, three bathroom property listed <a href="https://www.ppdre.com.au/1P0520" target="_blank">through Jason Pantzer at Phillips Pantzer Donnelly</a> last traded at $2.48 million in 2005.
The renovated two storey home is in the dress circle position opposite Centennial Park on its 745 square metre parcel of level land.
Through the years he has managed Missy Higgins, Daniel Johns (and before that Silverchair) and Cold Chisel to name but three.
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