<a href="https://www.apartments.com.au/developments/subiaco-wa-6008">Subiaco</a>’s Hay Street corridor serves as a key link between Perth’s CBD and the western suburbs, offering seamless access to city amenities while retaining the intimacy of a residential precinct.&nbsp;

At the junction with <a href="https://www.apartments.com.au/new-apartments/olive-st-263-hay-street-subiaco-wa-6008">Olive St</a>, this connectivity is reinforced by Subiaco Station and high-frequency bus routes, making commuting and weekend outings effortless.

Here, <a href="https://www.apartments.com.au/developers/devwest">Devwest</a>’s new apartment development Olive St is entering its final phase of construction, offering a rare opportunity to secure a home in one of Perth’s most complete lifestyle suburbs.

[smartcode_project:default project_id=106968 project_image_fid=3036]

Positioned in a leafy and character-filled pocket on the less-developed eastern side of Subiaco, Olive St stands out as one of the few apartment developments in this part of the suburb. Its quieter residential setting balances the density west of Rokeby Road, while the corner location on Hay Street places residents within walking distance of local favourites such as Found. Subiaco, Lums Wine Bar, and Hangout on Hay. Together with the celebrated Rokeby Road retail strip, these venues give residents an immediate connection to the cafés, restaurants, and bars that define the Subiaco lifestyle.

Cultural destinations including the Subiaco Arts Centre, Regal Theatre, and Subiaco Library reinforce the area’s reputation as a hub for entertainment and the arts.&nbsp;For outdoor recreation, residents have easy access to the manicured grounds of Market Square and Bob Hawke Oval, while Kings Park and Lake Monger Reserve offer expansive green space just beyond the suburb’s edges.

[smartcode_project:default project_id=106968 project_image_fid=3031]

A diverse educational landscape underpins the suburb’s long-standing appeal for families and professionals, with institutions such as Subiaco Primary School, Perth Modern School, and Bob Hawke College located nearby. Health services including St John of God Subiaco Hospital further support everyday convenience and peace of mind.

With construction nearing completion this September, Olive St will soon deliver 71 new residences to Subiaco. One bedroom apartments are fully sold, with only a limited selection of two and three bedroom residences remaining, priced from $877,000.

Buyers who secure an apartment before the construction period ends may still be eligible for the WA Stamp Duty Concession, offering savings of up to $50,000.

[smartcode_project_cta:default project_id=106968]

Joel Robinson

Devwest’s Olive St connects residents to Subiaco’s best amenities

After several challenging years, Melbourne is once again a city on the rise. For the last three years, when anyone interstate asked about Melbourne’s off the plan apartment market, the answer was always difficult. The short version? Not great. The longer version only raised more questions than it answered.

The roots of the downturn can be traced back to the start of the pandemic. At the end of 2020, Melbourne was the second most expensive capital city in Australia, a position it had held for decades. But while COVID-19 triggered a property boom in nearly every other capital, Melbourne lagged behind. Many blame the local government's handling of lockdowns, which stalled any real market momentum.

Then came the Reserve Bank’s aggressive rate hikes, taking interest rates from historic lows to 10-year highs within just 18 months. Other cities powered through thanks to their resilience during the pandemic, but for Melbo​urne, it was another blow.

The third hit came in the form of increased land tax, including new flat-rate charges and additional levies. Holding property became less viable for investors, especially with higher mortgage repayments. Many sold off their assets, flooding the market with investor-grade stock and pushing prices even lower.

Melbo​urne needed a turning point. That came in early 2025, when the long-awaited RBA easing cycle finally began, later than many economists had predicted, but still significant.

Despite the downturn, Melbou​rne’s fundamentals remained strong. One of the key growth drivers is supply versus demand, and the balance has shifted dramatically. According to Charter Keck Cramer, only 4,800 apartments were completed in Melbo​urne last year—a 36% drop from 2023, and less than half the 10,000 completed in Sydney. Only 6,320 apartments are currently under construction, compared to 21,550 in Sydney.

At the same time, Melbo​urne is expected to be the fastest-growing capital city over the medium to long term, with forecasts of more than 100,000 people moving to the city annually until 2029. With supply far below demand, price growth becomes inevitable.

So why haven’t prices already surged?

It’s not just buyers who’ve been impacted, developers have, too. Build costs have risen sharply, with labour and materials up around 40%. Land prices have also increased, along with holding costs. Higher costs mean higher sale prices. Developers aren’t charities, they’re not going to take the risk and lose money.

This created a stalemate: buyers couldn't afford the new prices, and developers couldn’t lower them. But 2025 has brought renewed optimism. Property values are now climbing in both the unit and house markets. Clearance rates have lifted into the mid-60s to low-70s—up from the low-to-mid 50s just last year.

With falling interest rates, buyers can now borrow more, while developers are feeling more confident thanks to stronger sentiment and stabilising build costs—though prices are unlikely to drop.

The future remains uncertain, but there’s a lot to like about Melbo​urne’s current position. The market has clearly bottomed out. We’ll inevitably be proved right or wrong, however it feels like this is arguably the best opportunity to buy in Melbourne—a city with significant business, large infrastructure projects all over the city, and a nightlife culture unrivalled anywhere in Australia.

Is Melbourne the city of opportunity in the property market?

There’s a version of Brunswick you’ll recognise even if you’ve never set foot there. Trams rattling down Sy​dney Road. Musicians and art students on the corners. It’s shorthand for a certain kind of Melbourne - progressive, creative, a little bit chaotic.

But dig deeper and <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> reveals more than the clichés. It’s a suburb where 19th-century terraces share blocks with carbon-neutral apartment buildings. Where Victorian shopfronts house Syrian bakeries, social enterprises, and high-end espresso machines. And where property values have steadily climbed, not because the suburb has tried to reinvent itself, but because it’s stayed interesting.

Just six kilometres north of the CBD and well-connected by tram, train and bike path, Brunswick is built on a simple truth: you can get almost anywhere from here. Three Upfield line stations, Jewell, Brunswick, and Anstey, provide frequent train services. The 19 tram runs straight into the city. Bike commuters use the Upfield shared path like a second arterial.

Add to that Syd​ney Road and Lygon Street cutting vertically through the suburb, both lined with shops, eateries, services and medium-density housing, and it’s easy to see why Brunswick consistently ranks high for walkability and public transport access.

Brunswick’s population has shifted significantly over the past few decades. Post-war European migrants, many of whom still call the suburb home, laid the foundations. Students and artists came later, drawn by low rents and open minds. More recently, the area has welcomed professionals, young families, and downshifters seeking an urban lifestyle that doesn’t feel corporate.

As Brunswick’s demographic has evolved, so too has its housing profile. Post-war brick homes, double-fronted Edwardians, and classic workers’ cottages still line many of the suburb’s quieter streets, but now they sit alongside architect-designed townhomes, low-rise apartment buildings, and adaptive reuse projects that reflect the suburb’s dual identity: heritage-conscious and future-facing.

For Michael McCormack, Founder and Managing Director of property developer <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>, and a local Brunswick resident—this is what makes Brunswick special. “It’s a suburb ingrained in continual reinvention,” he says.

“Brunswick has always been shaped by migration,” McCormack explains. “Post-WWII, it was Greek and Italian. Then came Asian and Middle Eastern communities, and more recently African. Now, the most visible wave is internal, young, creative, working professionals moving in. It’s eclectic and layered, a real melting pot.”

This multicultural identity is most evident, he says, on Sydney Road, the longest shopping strip in the Southern Hemisphere. 
 
“Walk up and down and you’ll see it in the hospitality scene, Vietnamese, Ethiopian, Lebanese, overlaid with wine bars and coffee spots. There’s something for everyone.”

Milieu began developing in Brunswick in 2019. Such is the developer’s love for the suburb, and the strong response from the local market, they’ve just launched their sixth project in as many years.

[smartcode_project:default project_id=136434 project_image_fid=348840]

Designed by Jackson Clements Burrows Architects in collaboration with DesignOffice and OCULUS, Saxon Street by Milieu is shaped by its civic context and cultural surroundings. The nine-level building with 80 apartments will replace the former Brosnan Centre, next door to the iconic Brunswick Baths, in the heart of the growing Merri-bek Arts and Culture Precinct.

Just months after launching, over a quarter of the apartments have already sold. McCormack attributes this strong demand to Milieu’s reputation in the area. “Our brand presence is so strong that we don’t just get repeat buyers—we get people connected to those who already live in a Milieu home,” he says.

“We get mothers, cousins, siblings of previous buyers—people who’ve not only heard great things from someone close to them, but have physically been in one of our homes. That’s the closest thing to a true testament we have for delivering a quality product.”

[smartcode_project:default project_id=136434 project_image_fid=348841]

This deep respect for what makes Brunswick Brunswick also attracted developer Beulah, who recently made their debut in the area. Late last year, they launched Brunswick Established—a collection of 23 sustainable townhouses.

Beulah co-founder Adelene Teh says it wasn’t just the prime Hodgson Street site near Barkly Street that drew them in, but the opportunity to create a brand-new townhome community in one of Melbourne’s most established and character-rich suburbs. 
 
“Brunswick has long been a suburb with soul, layered with history, creativity, and a strong sense of community,” Teh says.

“We were inspired by Brunswick’s rich heritage, its walkable lifestyle, and its proximity to some of Melbourne’s most vibrant pockets - from its thriving food and arts scene to its cultural and community offerings. It’s ideal for people who value a connected, inner-urban lifestyle but also want the calm of a serene pocket just minutes from parks, public transport, and local amenities.”

More than anything, Teh says, they saw the potential to create something that truly responds to how people want to live, now and into the future, within a like-minded community that appreciates great architecture, heritage, wellness, and sustainability.

[smartcode_project:default project_id=136451 project_image_fid=333959] 
 
“Brunswick Established is a reflection of that thinking. It embraces adaptability, multigenerational living, and considered design. We’ve worked closely with consultants and experts to ensure what we’re building feels like a natural extension of the suburb’s existing fabric, something that respects the past, supports the present, and adds value for generations to come.”

Beulah has seen strong interest, with 70 per cent of the townhouses already sold. Several interstate buyers have also made purchases, a sign of Brunswick’s national footprint.

[smartcode_project:default project_id=136451 project_image_fid=270371]

One of the biggest indicators of demand in a suburb is when big money arrives. Mirvac recently sold an apartment at <a href="https://www.apartments.com.au/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick-vic-3056">Prince &amp; Parade</a>, the former Princes Park Motor Inn site on Park Street, for $4.55 million, setting a new suburb record. It eclipsed the previous benchmark, a restored five-bedroom Victorian mansion from the 1880s, which sold for $4.15 million in late 2024.

[smartcode_project:default project_id=4802 project_image_fid=3627]

Mirvac’s General Manager of Residential Development VIC, Elysa Anderson, said the record-breaking price reflects the work of the Mirvac Design team in collaboration with Bates Smart, particularly their floorplan configurations and finishes, as well as Mirvac’s national reputation for delivering high-quality residential communities.

[smartcode_project:default project_id=4802 project_image_fid=217137]

Prince &amp; Parade is Mirvac’s third collaboration with Bates Smart on a parkside Melbourne development, following The Melburnian on Queen Victoria Gardens and The Eastbourne on Fitzroy Gardens.

The all-electric project comprises 169 one- to four-bedroom apartments across two buildings, rising five levels on Park Street and up to nine levels on Brunswick Road.

There's something about Brunswick

&nbsp;

Design-driven developer <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> has completed its first project in Melbourne’s inner southeast, welcoming buyers to Plant Street by Milieu in Malvern.

The boutique development, a joint venture with partners&nbsp;Penfold&nbsp;&amp; MaxCap, comprises just 21 apartments just off Glenferrie and Malvern Roads.

The low-rise building has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/ritz-ghougassian">RITZ&amp;GHOUGASSIAN</a>, distinguished by a robust, textured concrete façade, with horizontal planes designed to frame views of the neighbourhood and gardens by landscaper Acre.&nbsp;

&nbsp;

[smartcode_project:default project_id=139856 project_image_fid=278299]

The interiors have been curated by&nbsp;<a href="https://www.apartments.com.au/interior-designers/georgina-jeffries">Georgina Jeffries</a>, who has brought a&nbsp;refined and neutral material palette to the homes, complemented by generous ceiling heights and layouts that prioritise both functionality and comfort.&nbsp;

Acre’s landscaping introduces layered, seasonal plantings that soften the built form and extend greenery throughout the communal and private spaces.&nbsp;

&nbsp;

[smartcode_project:default project_id=139856 project_image_fid=1098]

Alongside its design focus, Plant Street incorporates contemporary amenities including number plate recognition for secure parking, EV charging facilities, and smart parcel lockers. Communal areas and resident-led gardening initiatives are intended to foster neighbour connections within the building.

The project marks Milieu’s expansion from its established base in Melbourne’s northern suburbs into Malvern, responding to continued demand for design-led, low-density apartment living in well-established neighbourhoods.&nbsp;

Located near Glenferrie Road and High Street Armadale, residents benefit from easy access to retail, dining, and transport, along with the green character of the area’s surrounding parks and gardens.

Jellis Craig Projects Director Stephen Bowtell is selling the remaining apartments.

[smartcode_project:default project_id=139856 project_image_fid=1113]

<a href="https://www.apartments.com.au/buildings/plant-street-by-milieu-malvern-1-plant-street-malvern-vic-3144">Plant St by Milieu</a> is the developer's first completed project south of their usual patch in Melbourne's north.

They are currently developing <a href="https://www.urban.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick?source_news_article_id=62652&amp;ref=news_body_link">Elsternwick Gardens</a>, a new nature-focused neighbourhood in Elsternwick, and <a href="https://www.apartments.com.au/new-apartments/saxon-street-by-milieu-brunswick-31-saxon-street-brunswick-vic-3056">Saxon St by Milieu</a>, their sixth project in Brunswick.&nbsp;

[smartcode_project_cta:default project_id=139856]

Urban Editorial

Milieu welcomes buyers to Plant Street in Malvern as construction completes

Strategic government planning will be crucial in addressing the ongoing supply/demand imbalance in Brisbane’s residential market, as new supply continues to lag.

That’s one of the conclusions from a new CBRE market analysis, which highlights positive fundamentals but ongoing challenges for both the Brisbane and broader South East Queensland residential market.

[smartcode_project:default project_id=136432 project_image_fid=5479]

While 5,600 apartments and townhouses are projected to be completed in Brisbane this year – up from an average of 3,500 in the five years to 2024 – CBRE Research Director Craig Godber said this figure had been somewhat inflated by project delays, which had shifted some anticipated 2024 completions into 2025.

Godber noted that recent completion levels were also well below the peak period in 2016 and 2017 when annual additions averaged around 12,500 units and townhouses.

“Brisbane's residential market is experiencing unprecedented growth, with demand outstripping supply," Godber said.

"Strategic planning by the State Government is crucial in addressing this imbalance and ensuring sustainable development."

Godber noted that low supply levels had translated into an extended period of low vacancy rates, with Brisbane’s metropolitan vacancy being at or below 1.5% since early 2021 and hitting 0.9% as at March this year.

These tight market conditions are evident across all city precincts.

[smartcode_project:default project_id=149098 project_image_fid=330588]

Looking ahead, adjusted additions between 2025 and 2029 are forecast at 23,200 dwellings, or 4,600 per annum, with 60% of these expected to be concentrated in Brisbane’s inner city.

“Brisbane’s low vacancy rate highlights the urgent need for additional residential supply and the forecasted growth in dwelling completions is a positive step towards meeting this demand,” Godber said.

[smartcode_project:default project_id=7574 project_image_fid=3770]

CBRE Metropolitan Investments Director Will Carman said Brisbane’s population expansion and strong demand fundamentals were driving interest in city development sites, but he noted that developer attitudes were shifting.

“As construction pricing continues to climb, developers are becoming more discerning. The focus has shifted toward delivering high-quality, well-located residential communities that can withstand market pressures and meet long-term demand,” Carman said.

He also noted the issue of affordability, with Brisbane’s median house price having crossed the $1 million mark.

“This reflects not only the city’s strong fundamentals and sustained demand, but also the growing challenge of affordability - particularly for first-home buyers. This price growth underscores the importance of strategic planning and quality development to meet evolving market expectations,” Carman said.

Developer focus shifts to high-quality, well-located residential communities that can withstand market pressures and meet long-term demand, new CBRE analysis shows

Challenges and opportunities in Brisbane’s residential market as supply lags

Dalkeith

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The Australian cricketer Ashton Agar has traded up handsomely in Perth.

The specialist ODI and T20 spin bowler has spent $2.25 million in the pricey waterfront suburb Dalkeith.

The three bedroom home, built in 1990, sits in 1,165 sqm grounds which feature a tennis court and resort-style swimming pool.

It had been for sale for a year and a half before Agar swooped.

Agar was trading up from the beachside Scarborough where he has owned a four bedroom townhouse since paying $660,000 in 2016, shortly after making his international T20 debut for Australia.

Agar, who plays for the Perth Scorchers in the BBL, has played four Tests for Australia, earning his baggy green in 2013.
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The specialist ODI and T20 spin bowler has spent $2.25 million in the pricey waterfront suburb Dalkeith.

Cricketer Ashton Agar trades up in Perth

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Danny Pavlovich, an entrepreneur and former elite bodybuilder, and his wife Suzie are set to emerge as the buyer of the iconic Dalkeith mansion once owned by late entrepreneur Alan Bond.

Their $27.5 million offer was accepted by its vendor, Sue Wyatt, who bought the property with her then-husband Steve for $39 million in 2011.

Pavlochich came to national attention when he was in the final stages of selling Nutrition Systems, a distributor of sport supplements &amp; nutritional products, to OBJ for $85 million late last year when COVID-19 hit and the deal fell through. 

Established in 1991, Nutrition Systems was one of the first companies in Australia to import health, wellness and sports nutritional products from the United States of America.

<div>
Pavlovich, 51, has twice been a finalist in the EY Entrepreneur of the Year competition.

He also won the 2017 ICN World Natural Bodybuilding Championship. 

[smartcode_project:default project_id=26734]

The 6,405 sqm was subdivided in to six parcels, but sold in one line. 
</div>

<div>Originally designed by renowned Perth architect Geoffrey Summerhayes and updated by Andrew Boughton, the 6406sqm estate is spread over six titles on a quiet cul-de-sac and takes in 270-degree views of the Swan River.</div>

<div>
The iconic 3000sqm house is probably the most opulent property in WA, with six bedrooms, a 21-seat home theatre, a ballroom for 400 guests, a 10,000-bottle wine cellar, three luxury kitchens, 17 toilets, a gym, a billiards room, a sauna, a pool house, a children’s playroom, underground parking for 12 cars, a tennis court and a resort-style pool with swim-up bar.

The Pavlovich's will be moving from Nedlands where he only recently had a mansion built. 

It was sold by Bond's daughter Jody Fewster declined to confirm the sale price or the identity of the new owners.

“I don’t have any emotional attachment to the house other than a lot of memories of fantastic parties and [having] lots of friends over,” Ms Fewster said.

“It was so much fun for me to sell because it’s full of great memories – I got married on the tennis court and my husband proposed to me there."
</div>

 
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Danny Pavlovich and wife Suzie buy the iconic Alan Bond, Dalkeith mansion

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A spectacular trophy home in Dalkeith has come onto the market.
Located on Viking Road, the home features six bedrooms, three bathrooms, one powder room, a large pool, and a custom basement wine cellar.
The total block comprises 1012 square metres, and the house has 654 square metres of internal floorspace.
<img src="https://www.urban.com.au/images/2020/8/5/Dalkeith%202.png" alt="">
Artist Susannah Skinner and her husband Dr Ian Skinner, along with their five children have called Viking Road home for the last eight years.
"We chose architect Blane Brackenridge to design our home because we both love his work. He has huge talent for working with simple materials to create beautifully proportioned light filled spaces that are iconic and striking modernist forms. Blane and his wife are also great friends of ours," Ms Skinner said.
<img src="https://www.urban.com.au/images/2020/8/5/Dalkeith%203.png" alt="">
"With five children we required a large family home with separation and space for entertaining."
The Skinners have raised their family in Dalkeith for close to 20 years.
Ms Skinner said the western suburbs were such a great community with wonderful local schools.
"It is also close to the river. It's a great place for dog walks - we have two dogs- and close to both the city and the beach."
Built in 2012, this is the first time the Western Australian property has come onto the market.
The tender campaign closes September 3, unless sold prior.
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Dalkeith trophy home listed for sale

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Perth developer Momentum Wealth has settled on a $2.9 million development site in Dalkeith.
Momentum are now undertaking plans to create six luxury dwellings on the 1,105 sqm Gallop Road property near the Dalkeith Village Shopping Centre.
Philip Anderson, Manager of Development at Momentum Wealth, said the acquisition forms part of the developer’s strategy to target the “missing middle” of townhouse product in premium, established locations where such housing options are in limited supply.
“We identified a prime opportunity following the recent rezoning under the City of Nedlands to target this gap in the market and capture pent-up demand from buyers who want the option to downsize without compromising on quality or location.”
“This density has not previously been seen in the Dalkeith area and remains relatively limited, so the combination of high buyer demand and low levels of competing stock creates ideal conditions for the project,” he said.
It's the second purchase from Momentum in the Dalkeith area recently, with a property on the nearby Adelma Road due to settle early next year.
Momentum assumed a similar strategy with their recent acquisition of the iconic Yelo site in Trigg, with the planned boutique apartment development also addressing a gap in the local market for high-quality but downsized options.
Momentum Wealth are currently running an investor survey.
For a chance to win a $500 Flight Centre voucher or a $250 voucher for Coles Myer, take the <a href="https://www.momentumwealth.com.au/national-property-investor-survey-2020/" target="_blank">short survey here</a>.
 
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jrobinson-rf4aSBido9

Developer Momentum Wealth secure Dalkeith site

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The Bond mansion, the Perth home built by the late businessman Alan Bond, is back for sale after a heavy price reduction.
Noted as one of the best homes in Perth, the sprawling Watkins Road home on the Swan River initially sought $50 million when <a href="/news/perths-record-setting-former-bond-home-at-dalkeith-listed-at-50-million-plus">first listed over Christmas 2017</a>.
Ray White Dalkeith agent Jody Fewster <a href="https://www.realestate.com.au/property-house-wa-dalkeith-132131590" target="_blank">is now marketing the property</a> with a guide of $35 million plus. Fewster, whose father was Alan Bond, grew up in the home.
<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/2019/10/9/89%20Watkins%20Road%203.jpg" alt="">
"I know the house and the location like the back of my hand and it truly is so special and one-of-a-kind,” Fewster said.
It's likely the vast home will go back in price, having been bought for $39 million in 2011 by Sue Gibson.
Gibson is the former partner of mining entrepreneur Steve Wyatt. She's listed the home having spent $5.55 on <a href="/news/owner-of-one-of-perths-priciest-homes-buys-in-the-southern-highlands">Crossways Farm in the NSW Southern Highlands</a>. She is riding and breeding horses from the 49 hectare Robertson estate.
The six bedroom resort-style property on 6,405 sqm was originally designed by architect Geoffrey Summerhaves. In was updated by Andrew Boughton.
<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/2019/10/9/89%20Watkins%20Road%202.jpg" alt="">
It features a gym, billiards room, sauna, 10,000 bottle wine cellar and tasting room.
In the landscaped grounds is a swimming pool with swim-up bar, spa, pool house and barbecue house.
“To have grounds of this scale so close to the city and situated right on the Swan River is unheard of in Perth," Fewster added.
<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/2019/10/9/89%20Watkins%20Road%204.jpg" alt="">
"Growing up we’d go prawning and collect mussels and the next family to live here will be able to go paddle boarding, boating and jet skiing right out the front of the house.
“There are very few properties in Perth that have a boat shed nowadays so it’s very special.” 
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Former Bond Dalkeith mansion back for sale after $15 million price cut 

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Christian Tana, of the luxury mens apparel brand Parker and Co, and wife Cassandra, are selling their Dalkeith home.
The couple paid $2.3 million for the 1940s built home in 2013 when they were moving from Claremont.
A barbecue alfresco adjoins the salt water, solar heated pool.
Ray White agent Jody Fewster says the backyard was its standout feature. 
Parker and Co has been a Perth fashion destination since its establishment in 1895.
This article was first published in the Weekend Australian.
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Parker and Co retail boss Christian Tana lists Perth home

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A Dalkeith waterfront house with direct access to the beach and river is now on the market.
William Porteous and Andrew Porteous of William Porteous Properties has the listing. 
The main living space completes with a TV lounge, informal meals setting, and formal living and dining areas opening to a terrace above the river. 
<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/dalkeith%202.jpg" alt="">
The family dining areas include a formal dining room and bar, a small corner dining table with views, and three terrace dining areas.
Direct access from the high terrace leads down to the white beach and river.
<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/dalkeith%201.jpg" alt="">
The leafy courtyard features white Frangipanis, bridge over a rain forest microcosm, a series of waterfalls with rushing water and scented shrubs.
Other highlights include a tennis court, a gym looking out onto the water, and a boat shed.
The current owners have expanded the master suite to a bedroom, two bathrooms, two dressing rooms and a study.
Situated only a 10-minute drive from the CBD it has easy access to schools, the University of Western Australia, shopping in Claremont and the beach.
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jonathanchancellor-7SQnKwU6yx

Waterfront Dalkeith trophy home on the market

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A custom built Dalkeith home with French provincial country charm has been sold for the second time in a year, and gone up in price.
Local agent Amanda Gray at Gray &amp; Co Realty secured $4.46 million for the Davies family who had paid $4.3 million last September.
It first traded for $3.87 million in 2014 when sold on a walk in basis to a Scottish couple after the building block cost $1.65 million in 2011.
The Smith's bought the home while it was being constructed by Oswald Homes.
On completion Oswald suggested a replacement home would cost around $2.5 million.
Established in 1972, Oswald Homes has been long regarded as one of the top luxury homebuilders in Perth.
<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/2018/9/10/DALKEITH%203.jpg" alt="">
Exuding elegance, the traditional family home has five bedrooms, three bathrooms, two powder rooms and a study across its three levels.
It offers 626 sqm living space on the 815 sq m block with private landscaped garden with a fully-equipped outdoor kitchen and gas-heated swimming pool with water feature.
Around 34 homes have been sold in Dalkeith this year, ranging from $1.6 million to $11 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/2018/9/10/DALKEITH%204.jpg" alt="">
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Sought after Dalkeith home sold for the second time this year

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The former Dalkeith home of Radhika Oswal, the wife of Indian tycoon Pankaj Oswal, has sold for $3 million.
The couple are best known for their the proposed 'Taj on the Swan', the $70 million mansion planned in nearby Peppermint Grove.
The mansion, which was set to feature an observatory with revolving roof and parking for 17 cars, sat unfinished in the years since the Oswals fled Australia in 2010.
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In 2016 the half-built mansion was knocked down, and the couple are still seeking offers around $20 million for the land alone, which spans over 6,580 sqm.
The <a href="https://www.realestate.com.au/sold/property-house-wa-dalkeith-124325406" target="_blank">Dalkeith home</a> (top and above), was not as substantial. It still had seven ensuited bedrooms, a theatre room, games room, wine cellar, music room, gym, sauna, swimming pool and spa. Radhika had paid $1.9 million in 2002.
This article was first published in The Weekend Australian property section.
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Taj on the Swan owners sell at Dalkeith

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The former Dalkeith mansion built for the 1980s entrepreneur Alan Bond ranks has returned to the market.
<a href="https://www.realestate.com.au/property-house-wa-dalkeith-127215174" target="_blank">It is being marketed</a> as among Perth's most expensive houses with $50 million plus hopes.
The Watkins Road mansion sits on the Swan River.
Real estate agent Willie Porteous suggests the four-storey home has gained millions in value since it was bought in 2011 following its extensive renovations, including a complete make-over of the outdoor area.
He has declined to give the address or ownership details in the marketing, but the home is such a trophy offering that most of Perth recognised it immediately in the <a href="https://au.news.yahoo.com/video/watch/38354033/one-of-australias-most-lavish-homes-up-for-sale-in-perth/" target="_blank">Channel 7 Story</a>.
It has been listed by the former partner of the mining entrepreneur Steve Wyatt, Sue Gibson, who is reportedly planning to move east.
Wyatt now resides at Le Fanu House in Cottesloe, where the local paper advised he'd spent almost $11 million restoring the circa-1893 heritage property, making it Perth’s most expensive home renovation.
Wyatt was in a 27-year relationship with Sue Gibson, before splitting in 2014.
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The property last traded for $39 million sale in 2011 when sold by businessman Barry Patterson, who was Sonic Healthcare chairman from 1999 to 2010 and previously held gold mining interests.
It last traded in 1999 for $9.5 million, which was to stand as Perth’s record until 2006.
The seven-bedroom riverfront mansion is set across six titles totalling 6,400 square metres. The house has 2,930sqm of internal living space over four levels, which with the extensive grounds has all the attributes of a luxury hotel, with the ability to transform from a secluded and private retreat into a fully equipped venue for the grandest of functions.
Wyatt’s business associate Chris Ellison set the WA real estate record when he paid $57.5 million for iron ore heiress Angela Bennett's riverfront compound in Mosman Park in 2009.
Wyatt and Ellison set up Crushing Services International, which built and operated ore-crushing plants for mining companies.
Gold mining magnate Ross Atkins bought the property in 1993 from the Bond family trust company, Armoy Pty Ltd, for $7.3 million, selling it six years later to Patterson after extensive renovation.
 
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