Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

Coogee

<html><body>
Veteran film producer and marketer Glenys Rowe has listed her longtime Coogee bolthole.
She bought the Beach Street property for $790,000 in 1994.
<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/2019/11/8/coog%201%201.jpg" alt="">
Resplendent with rear passionfruit vines, the four-bedroom home has been an investment in recent years since Rowe has settled in Adelaide.
Ballard Property agents James Ball and Alexandra Anthony had an initial $4 million guide for its November 23 auction, but this has been raised to $4.2 million.
<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/2019/11/8/coog%202%201.jpg" alt="">
Realestate.com.au calculates Coogee’s median house price sits at $2.46 million, based on just 27 sales over the past year.
<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/2019/11/8/coog%203%201.jpg" alt="">
This article was first published in the Saturday Daily Telegraph. 
 
</body></html>

firstname1-iYD4UYzvBa

Veteran film producer Glenys Rowe lists in Coogee

<html><body>
Former Sydney Swan midfielder Ben McGlynn, now senior coach of VFL side Sandringham in Melbourne, has finally offloaded his Coogee investment apartment.
The off-market sale, secured by Tristan Oddi at Phillips Pantzer Donnelley, was nearly two years in the making.
There has been no price reveal, but McGlynn had initially been seeking $1.05 million when listed in January 2018 with a different agency.
He turned down a $1 million offer for the two-bedroom unit that had cost him $590,000 in 2010, just after he arrived in Sydney in 2006.
This article was first published in the Saturday Daily Telegraph. 
</body></html>

Former Sydney Swan Ben McGlynn sells Coogee apartment

<html><body>
The Coogee residence, Smithfield Grange, found its next owner on the weekend after selling for $6.3 million.
They plan to restore the magnificent 1880s Italianate mansion as their home.
It is currently a rental premises with 12 bedrooms grossing $307,000 income, at $500 a week per room.
Gavin Rubinstein and Oliver Lavers of Ray White TRG secured the sale of the 1100 square metre holding which last sold for $705,000 in 1990.
It has been tenanted since the 1940s.
Randwick Council has indicated it intended to issue a fire safety order on the home which was built for John Starkey, who manufactured cordial, aerated water and ginger beer.
His wife Fanny died in 1893 and he passed away just five years later when The Daily Telegraph put the value of his estate at £101,137.
UK ex-pats, the Starkey brothers were producing 4200 dozen bottles each week by the mid-1870s — their ginger beer output was the largest in the Southern Hemisphere.
This article first appeared in The Daily Telegraph. 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Heritage Smithfield Grange, Coogee trophy sells for $6.3 million

<html><body>
A north-east facing home perched high above Coogee Beach's southern headland has hit the market.
It has been listed for sale with $5,375,000 hopes by Warren Ginsberg and Adam Reichman from Ray White Double Bay.
Set over a 300 square metre allotment, the new penthouse at 239 Oberon Street features high end finishes and expansive design. 
<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/2019/9/4/coogee%202.jpg" alt="">
It comprises three bedrooms, open living/dining, Marble island kitchen, two Carra marble bathrooms and four secure parking. 
Other highlights of the penthouse include direct security lift access, ducted air-conditioning, designer lighting and video intercom.
<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/2019/9/4/coogee%203.jpg" alt="">
It is one of only three apartments in the Pinnacle Oberon building.
The building is located just a stroll from Wylie's baths, Coogee beach, cafes and coastal walks. 
</body></html>

New Coogee penthouse with ocean views hits the market 

<html><body>
The heritage Coogee residence, Smithfield Grande, was passed in on a $6 million vendor bid at its recent auction.
The 1883 Italianate mansion currently comprises 12 one bedroom, one bathroom apartments.
Gavin Rubinstein and Oliver Lavers of Ray White marketed the listing.
Situated at, <a href="https://www.realestate.com.au/property-house-nsw-coogee-131714162" target="_blank">88 Brook Street</a> the listing said "it presents the opportunity to purchase as is, renovate further or restore this historic estate to its original grandeur and beauty".
<img src="https://www.urban.com.au/images/2019/8/9/Smithfield%20Grange%202.JPG" alt="">
Featuring soaring ornate ceilings and period fixtures, each apartment features a different layout.
The property has only changed hands four times over the past 136 years.
Set on 1,100 square metres, when fully leased it has a gross income of $307,000 according to the listing.
Steps to Coogee Beach, village shops, cafe, parks and buses, it also has parking for 12 cars.
Randwick Council indicated it intended to issue a fire safety order earlier this year.
</body></html>

Heritage Smithfield Grande, Coogee trophy home passed in at auction

<html><body>
Stylist to the stars Anna Bingemann has bought a Coogee bolthole.

Bingemann, who is from the Boans department store family, left Perth in the 1980s when she was 19, and never moved back.

She lives in New York with her producer and director husband Griffin Dunne, the son of the late writer Dominick Dunne.

She’s settled on an apartment in the Pinnacle Complex, paying $1.71 million for a two-bedroom garden unit in the Arden Street block of 12.

She’s currently seeking $1250-a-week tenants, reflecting a 4% yield.

Bingemann bought the apartment from fellow expat, the LA-based film producer Bruna Papandrea, who bought two units off the plan in 2017.

She made a tiny loss on selling the apartment to Bingemann having paid $1,795,000. She’s retained the other apartment, which cost $2.1 million.

Bingemann married Dunne in 2009 at their 40 hectare property at Rhinebeck in upstate New York.

They first met at a birthday party for the Hollywood actor Uma Thurman.

She reportedly oversaw fittings for Nicole Kidman’s Balenciaga wedding gown for Kidman’s 2006 wedding to Keith Urban, and has worked with the likes of Sienna Miller, Naomi Watts and Rachel Weisz.

This article was first published in the Sunday Telegraph. 

<h2>NSW properties currently selling:</h2>

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Stylist to the stars Anna Bingemann buys new Coogee apartment

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The apartment at 1/247 Oberon Street, Coogee sold at recent auction for $1,421,000.
It was $321,000 above reserve.
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The listing had 12,000 online views. 
Some 235 groups of buyers physically inspected the two bedroom apartment with 36 contracts issued. 
There were 13 buyers registered for auction.
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Coogee apartment sells for $1,421,000 at auction 

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The heritage Coogee residence, Smithfield Grande, has been listed for sale.
Built in 1883 as an Italianate mansion, it currently comprises 12 one bedroom, one bathroom apartments.
Gavin Rubinstein and Oliver Lavers of Ray White are marketing the listing.
Situated at, <a href="https://www.realestate.com.au/property-house-nsw-coogee-131714162" target="_blank">88 Brook Street</a> the listing says "it presents the opportunity to purchase as is, renovate further or restore this historic estate to its original grandeur and beauty".
<img src="https://www.urban.com.au/images/2019/8/9/Smithfield%20Grange%202.JPG" alt="">
Featuring soaring ornate ceilings and period fixtures, each apartment features a different layout.
The property has only changed hands four times over the past 136 years.
Set on 1,100 square metres, when fully leased it has a gross income of $307,000 according to the listing.
Steps to Coogee Beach, village shops, cafe, parks and buses, it also has parking for 12 cars.
It is for sale in one line with an auction set for September 2.
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Smithfield Grande, Coogee heritage listed for sale

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The Coogee home once owned by model Jennifer Hawkins and Jake Wall has finally been resold.
It hit the market in January but only sold midweek for $3.16 million.
It initially came with a $3.5 million price guide, which was adjusted to $3.2 million before being pulled from its scheduled February auction.
It took Hawkins and Wall even longer to find a buyer back in 2012.
They secured $2.2 million — but it took some six months after it was listed.
They also lost a small amount, having paid $2.27 million in 2008 before the global financial crisis hit the property market.
“Wow … the property market in Sydney is tough,” Hawkins noted at the time.
The 2002-built, three-bedroom Moore Street home, part of a duplex near Gordons Bay, spans 240 square metres over four levels.
Since the Hawkins sale, the vendors have improved the swimming pool.
Phillips Pantzer Donnelley secured the sale.
Hawkins and Wall have since made a number of profitable moves flipping houses around Curl Curl and have now settled into their own home at Newport fronting the Pittwater, which they built for about $2 million after paying $4 million for two adjoining properties.
This article was first published in the Saturday Daily Telegraph.
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Jen Hawkins' former Coogee home sells slowly again

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The South Sydney Rabbitohs legend Greg Inglis has sold his former Coogee home having pulled it from auction and reduced its price hopes.
Buyers were being told they’d need to offer $2.5 million to <a href="https://www.realestate.com.au/sold/property-house-nsw-coogee-131104790" target="_blank">secure the Federation semi</a> after it was initially listed for auction on June 1 with a guide of $2.8 million.
The home sold within 29 days of its listing, well ahead of the current 50 day Sydney average on market time.
McGrath Coogee agent Marnie Seinor secured the sale but said she couldn’t disclose its sale price.
“It holds a prized corner parcel in a coveted Coogee street, just metres from buzzing cafes, shops and the beach,” she said.
“The immaculately kept Federation semi celebrates relaxed coastal living,” she added.
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Inglis bought the home in early 2012 having made the moving the prior season from Melbourne where he played for the Storm.
Inglis paid $1.1 million for the Bream St property, when the median price was around $1.4 million.
Coogee, with a current $2.6 million median house price, has seen a compound growth rate of 8.5 percent for houses over the past five years.
It was just a two bedroom, 1910 built Federation, but now still behind a traditional facade, extended to now have four bedrooms and two bathrooms across its three levels.
Since its listing Inglis has struggled with personal issues after retiring earlier this year from rugby league following a stellar 14 year on field career.
The former South Sydney captain has been admitted to a mental health facility to deal with the issues he has been facing.
His close friends Justin Hodges recently encouraged Inglis to get his life back on track for the sake of his young family after seeing “the hurt in his eyes”.
“He’s doing it very tough. Everything hit him at once; his marriage break-up and then his retirement came quickly, quicker than what he expected.”
The 32-year-old, was living at Little Bay, having leased the 1910 Coogee home in recent times.
The Kempsey-born NRL star and his estranged wife Sally, who recently moved back to Queensland, own investment properties including a renovated 1920s workers cottage in Sandgate, northwest of Brisbane, which cost $440,000 in 2014.
 
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