The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

Claremont

Work is set to begin on Iris Residential’s The Terraces, Claremont development early in 2023, with BGC Construction appointed to build what is expected to be Australia’s most sustainable large-scale apartment project.&nbsp;

The local construction group will soon begin building the $150 million development, in is the final piece of the puzzle in DevelopmentWA's sought-after Claremont on the Park precinct.&nbsp;

The eight-storey, 137-apartment luxury building, which is scheduled for completion by late 2024, will set a new benchmark for sustainable residential development in Australia – with the project achieving an industry-leading average 8.05-star Nationwide House Energy Rating Scheme (NatHERS) rating.

NatHERS ratings are used to predict the amount of heating or cooling dwellings need to stay comfortable in all weather conditions. In Australia, residential developments are required to meet a minimum 6-star NatHERS standard.

[smartcode_project:default project_id=111894 project_image_fid=190182]

Iris Residential Managing Director, Simon Trevisan said the 8.05-star rating is something they don’t believe has been achieved in any other large-scale residential development anywhere in Australia.

“Most apartment developments of this size come in at the 7 to 7.5-star level, and certainly we haven’t been able to find anything comparable out there in the market either here in Western Australia or on the east coast.”&nbsp;

The highest-rated residences at the HASSELL-designed project reach 9.7 stars on the 10-star scale, which means those apartments are virtually self-lighting and self-climate controlled, while close to 30 per cent of the apartments at The Terraces will achieve a 9-star NatHERS rating.

A comprehensive suite of sustainability features will reduce energy use by 35 per cent, including natural cross ventilation over 92 per cent of residences and a 40 per cent reduction in internal lighting energy consumption.

Double glazing, sliding balcony screens, enhanced breezeways and a northerly orientation for all apartments will ensure buyers are comfortable year-round, no matter the weather, without having to rely on artificial heating or cooling.

Trevisan said he anticipated sustainability performance at The Terraces would resonate strongly with buyers on a number of fronts.

[smartcode_project:default project_id=111894 project_image_fid=190170]

“This is what sustainable design is about – there are no compromises, no greenwashing,” he said.&nbsp;

“The greenhouse gas emissions benefit via electricity use reduction is real and measurable, and the cost savings from significantly lower power bills are also tangible. A strong sustainability performance means reduced costs for homeowners, whether we’re talking about their power bills or strata levies.

“A more intangible, though absolutely important, benefit is the quality of life that comes from living in a space filled with natural light and fresh air. First and foremost we’re about delivering comfortable homes for people, and it should be the most comfortable home we can provide,”&nbsp;Trevisan added.

Located along the boundary of the historic Claremont Oval, The Terraces sit in the heart of the affluent Claremont locale, set to take advantage of all the area has to offer, with the suburb home to river vistas, leafy parklands and many of Perth’s most exclusive boutique retail outlets.

Residents at The Terraces will also benefit from the close proximity to Claremont train station, now offering direct access to the new Forrestfield-Airport METRONET link, reducing the need for car travel and further adding to the development’s sustainability credentials.

[smartcode_project:default project_id=111894 project_image_fid=190179]

Trevisan said sustainability was a key element in Iris Residential’s development strategy, acknowledging that residential developers had a big role to play in achieving emissions reductions targets.

“Iris has been a leader in sustainable development in Western Australia for decades, it’s a key part of our point of difference in the apartments space,” he said.

“According to the Department of Climate Change, Energy, Environment and water, energy use in residential buildings accounts for 24 per cent of overall electricity use and 12 per cent of total carbon emissions.

“By increasing energy efficiency, households not only enjoy lower energy bills but have higher quality of life, while also being satisfied in the knowledge that they are making a real contribution to addressing climate change.”

The Terraces will join BGC’s already sustainable portfolio, with the Western Australian builders committed to creating environmentally-friendly developments.&nbsp;

“We have a desire to reduce environmental impacts as effectively as we can, with a strong focus on positive environmental outcomes,” they say.&nbsp;

“We place an emphasis on targeting projects with a significant environmental design factor.”

[smartcode_project:default project_id=111894 project_image_fid=190173]

BGC has also strung together a list of awards over their time, most recently being awarded the 2022 MBA WA Excellence in Construction award for the best regional project.&nbsp;

The group previously worked on Iris’ Shenton Park project, Shenton Quarter, which is slated for completion by early next year.&nbsp;

The mixed-use development was one of the first projects to be endorsed by the State Design Review Panel and was commended for its best-practice sustainability features, which have been designed to achieve the equivalent of a 4-star Green Star rating.

DevelopmentWA acting Chief Executive Dean Mudford said close consultancy with town planning firm Element will ensure that The Terraces will integrate seamlessly into the multi award-winning precinct, Claremont on the Park.

“As the Western Australian Government’s development agency, DevelopmentWA has a critical role in helping lead the way to a more sustainable way of living – ensuring the communities and projects we deliver demonstrate new, smarter ways to live and work,” Mudford said.&nbsp;

“At Claremont on the Park, sustainable development has been a fundamental part of our vision in creating this thriving, connected and award-winning precinct, and it’s been really pleasing to see industry embrace that vision as the project has taken shape."

“With what is expected to be a nation-leading sustainability performance, The Terraces is an outstanding example of what can be achieved as part of a master-planned and focused approach to precinct-scale development,” he added.&nbsp;&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190180]

Australian private debt provider, Metrics Credit Partners, funded the acquisition of the land in 2021 and continues to support the project as it moves through to the development phase.

Metrics Managing Partner Andrew Lockhart said that from a lender’s point of view, the sustainability outcomes of The Terraces improved the marketability of the finished residences, helping to mitigate credit risks.

“ESG and sustainability factors are at the heart of Metrics’ approach to assessing and managing risk for investors,” Lockhart said.

“We are delighted to see such great alignment between the developer, buyers and financiers to achieve meaningful advances in the sustainability factors for residential developments – and these are clearly demonstrated in The Terraces.”

[smartcode_project_cta:default project_id=111894]

The eight-storey, 137-apartment luxury building, which is scheduled for completion by late 2024, will set a new benchmark for sustainable residential development in Australia – with the project achieving an industry-leading average 8.05-star Nationwide House Energy Rating Scheme (NatHERS) rating.

alisonwarters@gmail.com

Australia’s greenest apartments set to take shape in Claremont

Located among the tree-lined streets of Claremont, The Terraces lands in the heart of Perth’s affluent western suburbs, where traditional, character homes sit side by side with modern architecture.

Perth property developers, Iris Residential have taken to the sought-after suburb, building something special that blends into its context.&nbsp;

Delivering a collection of one, two and three-bedroom apartments&nbsp;across a seven-storey building, the residences sit on the boundary of the historic Claremont Oval.

[smartcode_project:default project_id=111894 project_image_fid=190184]

With the suburb home to river vistas, leafy parklands and many of Perth’s most exclusive boutique retail outlets, it comes with a village atmosphere with a vibrant community, along with a range of high-quality amenities.

Claremont Train Station sits behind the site, providing links to neighbouring suburbs and the Perth CBD.

But for those looking to stay close to home, The Terraces fall within walking distance to a range of eateries, cafes, boutiques, and shopping options.

&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190181]

Residents of the north-facing apartments are within walking distance to Perth’s premium shopping and lifestyle destination, Claremont Quarter, which consists a large range of boutique brands and dining options, just 240 metres from The Terraces.

On the doorstep of The Terraces is Mart St Bakery and IGA, which is just a minute’s walk, while for those looking to get their exercise in, the Claremont project is surrounded by a wealth of fitness and recreational amenity.

Revo Fitness and Claremont Football Club find their home within Claremont Oval, while Claremont Lawn Tennis Club, Claremont Aquatic Centre and Lake Claremont Golf, all lie within 600 metres of The Terraces.

Stepping further out from The Terraces, the development is nestled amongst some of the Swan River’s neighbouring suburbs, which comes with it the nearby coastline.

[smartcode_project:default project_id=111894 project_image_fid=190185]

Are number of Perth’s most pristine beaches can be reached by car within 10-minutes, with Swanbourne Beach, Cottesloe Beach and Leighton Beach all nearby.

One, two and three-bedroom apartments can still be snapped up within the Perth project, before its offical public lunch.&nbsp;&nbsp;

[smartcode_project_cta: project_id=111894]

With the suburb home to river vistas, leafy parklands and many of Perth’s most exclusive boutique retail outlets, it comes with a village atmosphere with a vibrant community, along with a range of high-quality amenities.



 How Iris Residential’s The Terraces is offering the premium Claremont lifestyle 

<html><body>
A Perth home, architecturally crafted with a Romanesque design has been brought to market.
The three bedroom Claremont home was created by architect Richard Reilly in 1960s, built around a central swimming pool and courtyard.
Its Romanesque design includes vast floor to ceiling windows and large recessed sliding doors that when open create wide walkways and connect the home to the outdoors.
The luxury master bedroom has its own walk in wardrobe, ensuite and direct access to the central courtyard.
There are a further two bedrooms, three bathrooms, a home office a designer kitchen renovated by Leon House in 2014.
There's also a reticulated veggie plot and a number of fruit trees.
Jody Fewster of Ray White Cottesloe/Mosman Park is asking for offers in the high $2 million range.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/5/21/claremont%201.jpg" alt="">
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j.ballantyne1990-6AQqhLzZaK

Romanesque Claremont trophy home hits the market

<html><body>
A Claremont home that once belonged for the former Minister for Foreign Affairs Julie Bishop has been listed for sale.
Bishop owned the property for six years in the 1990s, when she was a Perth lawyer.
She paid $435,000 in 1993, $5,000 less than it traded for in 1991, and went on to sell it for $1.05 million in 1999, a year after she was elected to the House of Representatives.
Last traded for $1.63 million in 2003, the buyers have since restored and enhanced the grand single level 1900s Federation home on 1,265 square metres.
Behind its tuck-pointed exterior, the home has four bedrooms, three bathrooms and three living rooms.
Offers close December 11 through Ray White Cottesloe agent Jody Fewster.
This article was first published in the Weekend Australian.  
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jonathanchancellor-7SQnKwU6yx

Julie Bishop's former Claremont home listed

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Joel Van Sanden has listed Claremont House, just north of Hobart.
Since the Italianate mansion was bought in 2007, it has cost an estimated $2 million to return it to its former glory.
There is only one small room left that needs attention out of the 33 rooms.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/4/claremont%204.jpg" alt="">
The main house offers 10 bedrooms and eight bathrooms while a 1916-built cottage is a three-bedroom single-bathroom space.
It comes now with an established restaurant, a thriving accommodation business with 10 rooms, plus there is a 24/7 liquor license for consumption on the premises.
While Joel can see someone wanting to buy Claremont House and turn it back into a grand private residence, he told the Hobart Mercury that would be a shame.
“Part of the joy of living here has been sharing it with people,” he said.
It has been listed through Nest Property agent Cam Rogers
<a href="https://www.realestate.com.au/property-house-tas-claremont-128161046" target="_blank">Located at 12 Lady Clark Avenue, </a>Claremont comes with an approved plan for a 20 room extension to the original home.
The house size is 1640 square metres, while the land area is 1.97 hecatres.
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Tasmanian Italianate treasure Claremont House hits the market 

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The Lightingales retail premises in Claremont, Western Australia, has sold for $3.05 million within 24 hours of being listed for sale through Savills.
Agent Barney Dear brokered the deal for the showroom at 269 Stirling Highway on behalf of a private investor.
The sale was at a yield of 5.36% and a land rate of $3,011 per square metre.
“Selling this property so quickly from the commencement of its campaign launch is a clear demonstration of the strong demand for well-located leased investments in Perth’s western suburbs,” Dear said.
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Lightingales, Claremont premises quickly switches owners through Savills

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A 1913 home at Claremont is up for sale.
Located at <a href="https://www.realestate.com.au/property-house-wa-claremont-124147466">22 Parry Street</a>, the property has Federation Queen Anne architectural features.
From its 1300 sqm position on Claremont Hill it has views towards the hills from the upper level. It last sold in 1995 at $888,000.
The Claremont Quarter, Swanbourne and the Swan River foreshore is within walking distance with Cottesloe and Swanbourne beaches just minutes away.
Modern renovations blend with its original character which includes high ceilings, wraparound verandahs, intricate ceiling roses, arched hallways and polished jarrah floors.
The contemporary open plan spaces features honed granite, marble and stainless steel in the five bedroom, four bathroom house.
The gardens are filled with winding paths, roses, north facing olive grove, rolling lawns.
There are secret hideaways under the shade of an ancient tree plus a swimming pool with entertaining terrace.
It comes with a self contained garden studio.
The December 14 auction is through through LJ Hooker agents John Hunter and Vivien Yap.
There was a $2.5 million sale last month on the street of a four bedroom 1902 house on 910 sq m, having been initially listed in October last year at $2,995,000.
There was also a four bedroom 1910 house on a 900 sq m block on the street that sold recently for $2.05 million.
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