Growing national developer Time &amp; Place has announced its fifth new apartment development.

With two projects in Manly and two upcoming in Surry Hills and Potts Point, the developer, which expanded beyond Melbourne just a few years ago, is now heading to Mosman. It is planning 53 new apartments on Redan Street.

The 3,233 sqm site, spanning <a href="https://www.apartments.com.au/new-apartments/40-48-redan-street-mosman-nsw-2088">40–48 Redan Street</a> with frontage to Redan Lane, is located just under 400 metres from Spit Junction Town Centre. It is reported the developer paid around $100 million for the five-site amalgamation.

Time &amp; Place, founded by Tim Price and backed by James Packer’s private investment firm NPACT, has submitted the project as a State Significant Development through the NSW Government’s Housing Delivery Authority pathway.

Of the 53 apartments, 42 will be released to the market, with the remaining 11 allocated as affordable housing in line with NSW Government requirements.

fjc Studio has designed the building. In its Design Report, the architect said the diverse mix of dwelling types and sizes, including 11 two-bedroom affordable housing units, 40 three-bedroom apartments, and two four-bedroom residences, will support a broad demographic, including families, downsizers, and key workers.

The development will rise to nine levels, a height encouraged by the NSW Government due to the site’s proximity to Spit Junction, which has been identified as a low- to mid-rise centre. Developments within a certain proximity to these centres are permitted increased height.

fjc said the project “achieves an appropriate density outcome for its setting by balancing increased housing supply with strong amenity performance,” adding that it “makes a measurable contribution to NSW housing supply targets through the delivery of additional dwellings and dedicated affordable housing.”

The new development will replace five existing two-storey homes.

“By aligning with the objectives of the Housing SEPP and applying careful architectural and urban design principles, the development provides high-quality residential accommodation that integrates sensitively within its established Mosman context and delivers enduring benefits to residents and the wider community.”

Mosman has become increasingly popular with developers in recent years.

Developer Abadeen has been particularly active, with Mosman Residences currently on the market and under construction on Clifford Street. It also has an upcoming Burran Avenue project, comprising just three apartments on the Balmoral Slopes, and recently secured the Midas and Honeysuckle nursery site on Military Road.

Prosker Property has a project on Redan Lane, just a few doors down from Time &amp; Place’s proposed development.

Developers including Toohey Miller, DARE Property Group, and WINIM also have projects underway in the area. In 2024, a five-year target was set for the Mosman LGA to increase housing supply by 500 dwellings by 2029.

Time &amp; Place entered the Sydney market with Two Tides, its under construction Manly development. Given its sales success, it has secured another development in the area, more boutique, facing the beach on North Steyne.

They are hoping to launch their redevelopment of The Chimes in Potts Point this year, and next year will look to take to market Marlborough House, an adaptive re-use of the landmark David Jones warehouse in Surry Hills.

Joel Robinson

Time & Place to take on Mosman apartment market

Brunswick’s civic heart continues to consolidate around the Merri-bek Arts and Culture Precinct, where a growing cluster of cultural institutions, recreation facilities, and public infrastructure has created one of the inner north’s most defined community hubs.&nbsp;

Within this evolving precinct, <a href="https://www.apartments.com.au/new-apartments/saxon-street-by-milieu-brunswick-31-saxon-street-brunswick-vic-3056">Saxon Street by Milieu</a> introduces new housing directly alongside the civic anchors that shape daily life in the suburb.

At 31 Saxon Street, the project sits immediately beside Brunswick Baths and within moments of Brunswick Library and Town Hall, longstanding institutions that support both community services and everyday amenity.&nbsp;

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Next door, the newly delivered Balam Balam Place arts precinct has emerged as a central piece of Merri-bek Council’s cultural strategy, bringing together creative studios, exhibition spaces, maternal and child health services, and community programming in a purpose-built civic facility. Together, these destinations have reinforced the surrounding blocks as a focal point for public life in Brunswick.

This part of <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> forms a key pocket within the suburb’s designated Major Activity Centre, where long-term planning has prioritised walkability, civic investment, and increased housing supply close to transport and services. The surrounding street network reflects that strategy, with compact blocks, established retail corridors and active transport links supporting a lifestyle that is largely navigable on foot.

Within a few minutes’ walk, Sydney Road delivers one of Melbourne’s most recognisable streets, known for its long-running mix of independent retailers, international dining venues and everyday convenience. Tram routes along Sydney Road provide frequent connections south toward the CBD and north through Brunswick and Coburg, while Jewell Station on the Upfield line sits within roughly a ten-minute walk, offering direct train access into the city.

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Active transport also plays a significant role locally. The nearby Upfield Bike Path forms a key north–south cycling corridor linking Brunswick through Parkville and into the central city, reinforcing the area’s reputation as one of Melbourne’s most accessible inner-urban neighbourhoods for cyclists and pedestrians alike.

The surrounding civic cluster extends beyond cultural infrastructure. Siteworks, a nearby creative hub supporting artists and community organisations, adds to the concentration of cultural activity in the immediate area. Educational institutions such as Brunswick North Primary School, Brunswick Secondary College and RMIT’s Brunswick campus are also within easy reach, contributing to the suburb’s diverse resident base spanning families, students and professionals.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/jackson-clements-burrows-architects">Jackson Clements Burrows Architects</a> in collaboration with <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> and landscape architects <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, the nine-level building has been shaped to respond to the surrounding streetscape, with lower levels aligning to the street and upper storeys stepping back to soften its scale and improve solar access.&nbsp;

Curved balcony forms reference nearby heritage architecture, while the development’s public realm improvements include a widened footpath along Saxon Street to strengthen pedestrian connections between the precinct’s civic sites.

Sustainability also underpins the project’s approach. The building is designed to operate entirely on electric infrastructure supported by rooftop solar, with an average 7.5-star NatHERS energy rating and EV-charging readiness across the development. Shared resident amenities will include a landscaped rooftop terrace with barbecue and covered dining areas intended to encourage informal interaction between residents.

Saxon Street marks developer Milieu's fifth project in Brunswick and continues its focus on design-led infill housing across Melbourne’s inner suburbs.&nbsp;

Construction has commenced through reputable builder Manresa, who will complete the project in 2027.

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Saxon Street by Milieu connects residents to Brunswick’s cultural and civic core

Within <a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a>, <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;takes a different approach to larger residences, moving away from the constraints of a single level.

In Grand Residence 3.05, known as the Lustre, plays out across two levels, with a mezzanine configuration that is uncommon in apartment living.

Lustre is a four-bathroom residence where the layout creates a clear distinction between shared and private zones, with uninterrupted views toward the Dandenong Ranges extending the sense of openness from the main living areas.

Entry is to the primary living level, where the kitchen, dining, and living areas are arranged as one continuous space. Timber flooring runs throughout, with a fireplace set within the living zone. Full-height glazing brings in natural light, supported by double glazing that improves thermal performance.

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The kitchen is configured as both a working and social space. A large island bench provides seating, while a walk-in pantry extends storage beyond typical apartment expectations.

Gaggenau appliances, including a 900mm gas cooktop and 600mm oven, are integrated into a layout that connects directly to the adjacent dining and living areas, and outward to the terrace. This balcony includes a built-in BBQ, reinforcing the apartment’s capacity to accommodate larger gatherings without compromising internal space.

A dedicated laundry room, powder room, and a wine cellar area sit discreetly off the main living zone, ensuring that functional requirements are resolved without encroaching on primary living areas. The master suite is also located on this level, designed as a retreat with a walk-through wardrobe and an ensuite that includes double vanities, a bath, and a dedicated dressing table.

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The mezzanine level introduces a second layer of living, rather than simply additional bedrooms. Two large bedrooms with built-in robes are positioned alongside a central bathroom, while a secondary lounge and study area create a self-contained zone suited to children, guests, or extended family. A large storage room further supports long-term usability, addressing a common shortfall in apartment design.

This separation of levels is central to how the residence functions day-to-day. It allows the lower level to operate as the primary entertaining and living space, while the upper level provides privacy and flexibility. The result is closer in feel to a townhouse or standalone home, but with the benefits of apartment living, security, and low maintenance.

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Candela is close to 80 per cent complete, with Ironside delivering construction ahead of its expected October 2026 completion. The development comprises 58 residences, with a strong owner-occupier profile and a mix of one to four-bedroom apartments and loft-style townhouses.

Candela has exclusive access to private amenities, including a residential lounge and rooftop terrace. A charming café and a lifestyle wellness centre are located on the ground level, designed to foster community connection and extend the living experience beyond individual apartments without competing with the scale of homes like Lustre.

Candela, positioned in the heart of Ivanhoe Village, reinforces the practicality of the address. With a Walk Score of 90, residents are within immediate reach of cafés, retail, parklands, and Ivanhoe Station, while also benefiting from proximity to established schools and healthcare services.

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Inside Lustre: Grand Residence 3.05 at Candela Ivanhoe

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is being shaped around a simple but increasingly rare premise in apartment development: that the built environment should actively support residents’ wellbeing.&nbsp;

Located on the former ABC Studios site on Gordon Street in Melbourne’s south-east, the new neighbourhood sits on an expansive 11,740 sqm site neighbouring the heritage-listed Rippon Lea Estate, whose gardens date back more than 140 years.

Rather than positioning wellness as an add-on amenity, the development integrates it into the physical planning of the site. Architecture by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> is arranged across six low-rise buildings set within extensive landscaping designed by <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, with more than 40 per cent of the land dedicated to gardens and green space. Walking trails, pocket gardens, and mature trees are threaded between buildings, creating a network of green corridors that encourage residents to move through the precinct on foot and spend more time outdoors.

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Milieu has intentionally framed these gardens as an extension of the neighbouring Rippon Lea Estate. More than 16,000 new plants will be introduced across the site, with species carefully selected to protect and complement the area’s ecological significance. The approach focuses on strengthening existing environmental conditions while establishing new habitats that support native wildlife, reinforcing the role of the landscape as both an active ecosystem and a defining element of daily life.

A private resident gate will provide direct access to the historic grounds during opening hours, allowing residents to move seamlessly between the development’s landscaped gardens and the estate’s expansive lawns, lakes, and mature trees. The project’s gardens will also be maintained by the same gardeners responsible for Rippon Lea, reinforcing the visual and ecological continuity between the two landscapes.

Complementing the landscape is a dedicated wellness hub designed to support everyday health and recovery. Residents will have access to a gym alongside yoga and Pilates studios, while mineral pools and infrared saunas provide spaces for relaxation and restorative wellbeing. Shared lounges, workshop spaces, and pet care facilities expand the concept of wellness beyond fitness, creating opportunities for social connection and community interaction within the precinct.

Environmental performance is another key component of the project’s wellbeing focus. Elsternwick Gardens will be entirely fossil-fuel-free, with homes designed to operate on renewable electricity rather than gas. Passive design strategies, including cross-flow ventilation, high-performance insulation, and thermally broken double glazing, are intended to maintain comfortable indoor temperatures while reducing energy demand. Solar photovoltaic systems will power common building services, while rainwater harvesting will help irrigate the extensive landscaping across the site.

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Milieu Founder and Managing Director Michael McCormack says the scale and setting of the project allowed the team to take a different approach to urban apartment living.

“This site represents a once-in-a-lifetime opportunity to build something truly special,” McCormack says.

“Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Elsternwick Gardens will comprise three residential offerings, Gordon Place, Ripponlea Terrace, and The Garden Pavilion, each designed for owner-occupiers and shaped around high-quality interior design by Woods Bagot, K.P.D.O., and Flack Studio. The first stage, Gordon Place, includes one-, two-, and three-bedroom apartments designed with a strong focus on indoor-outdoor living and sustainability.

[smartcode_project:default project_id=136535 project_image_fid=288412]

Milieu recently appointed <a href="https://www.apartments.com.au/builders/brady-constructions">Brady Constructions</a> to deliver the project, marking a key milestone for the development. The appointment follows the demolition of the former studio buildings on the Gordon Street site, with construction progressing toward the delivery of the nature-led community.

Situated between the established villages of Elsternwick and Ripponlea, the development balances its garden setting with strong urban connectivity. Residents will be within walking distance of cafés, restaurants, and local retail, while nearby train and tram connections provide quick access to Melbourne’s CBD and the beaches of Elwood and St Kilda.

With construction underway and the first residents expected to move in by early 2027, Elsternwick Gardens represents a growing shift in apartment development toward environments that prioritise wellbeing as much as density or location. By placing landscape, sustainability, and shared spaces at the centre of the design, Milieu is positioning the project as a residential neighbourhood where wellness is not just promoted, but built into the structure of everyday life.

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Elsternwick Gardens' wellness-first design strategy

Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

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Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Red & Co unveils amenity-rich Como development in Varsity Lakes

Darling Point, Sydney

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Darling Point had a great year. Its 12 sales triggered a $5.6 million best median price place on CoreLogic top list of 2017.
Dawes Point topped the apartments list.
Point Piper was excluded from calculations as it did not see the sale of 10 or more houses, but it did rank third with apartments.
Darling Point house sales included a four bedroom at <a href="https://www.realestate.com.au/sold/property-house-nsw-darling+point-124922942" target="_blank">14 Thornton Street</a> that fetched $7.06 million.
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Houses                        Sales Volume Medium Value                                         
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NSW Darling Point Woollahra 12 $5,682,520        
NSW Vaucluse Woollahra 86 $5,471,853               
NSW Bellevue Hill Woollahra 68 $5,316,587             
Vic Toorak Stonnington 124 $4,761,631                   
NSW Longueville Lane Cove 37 $4,259,644             
NSW Tamarama Waverley 14 $4,254,666                 
NSW Dover Heights Waverley 36 $4,133,440           
NSW Mosman Mosman 259 $4,041,599                    
NSW Double Bay Woollahra 12 $3,994,114               
NSW Mcmahons Point North Sydney 20 $3,980,169  
Units 
NSW Dawes Point Sydney 13 $3,176,621
NSW Barangaroo Sydney 12 $3,119,329
NSW Point Piper Woollahra 25 $2,989,216
NSW Darling Point Woollahra 85 $2,292,686
NSW The Rocks Sydney 30 $2,025,499
NSW Millers Point Sydney 41 $1,810,199
NSW Cabarita Canada Bay 15 $1,766,719
NSW Seaforth Manly 18 $1,672,213
NSW Palm Beach Pittwater 11 $1,626,911
NSW Milsons Point North Sydney 42 $1,620,837
 
 
 
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Darling Point had highest median value in CoreLogic's best list in 2017

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Model Lara Bingle's former Darling Point apartment is up for sale once more. 
Bingle bought the one bedder in the Goomerah Court block from interior designer Blainey North for $882,000 in 2010, shortly after her break-up with Test cricketer Michael Clarke.
North had paid $700,000 for the unit.
Bingle, now married to actor Sam Worthington and living in the US, no doubt paid a premium for North's design stamp, selling the apartment for a reported $860,000 after four years of ownership.
Now it's back up for sale through Raine &amp; Horne Double Bay agents Alex Lyons and Jean-Michel Rudsdale.
The 65 sqm, second floor apartment in the tightly held Art Deco block of 14 features a Calacatta marble kitchen and bathroom, has views of the harbour.
Meanwhile Bingle's former ex Michael Clarke has sold the Bondi Beach apartment the couple lived in briefly before they split.
It's believed to be the site of the the alleged "ring flush", where Bingle flushed her $200,000 engagement ring down the toilet.
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Lara Bingle's former Blainey North-designed Darling Point apartment listed again 

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Darling Point is a harbourside eastern suburb of Sydney, renowned for its desirable and expensive real estate.
It is mostly residential and regarded as one of the most exclusive and prestigious suburbs in Australia.
The harbourisde locality in the Woollahra Council LGA is bounded by Sydney Harbour to the north, Double Bay to the east, Edgecliff to the south and Rushcutters Bay to the west.
The Darling Point median unit price has jumped over $1 million in the last five years.
For the current median unit price in Darling Point, <a href="/developments/darling-point-nsw-2027">click here</a>.
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Living in Darling Point
Transport
Darling Point is located four kilometres from the Sydney CBD.
Darling Point Road follows the ridge of the headland that is Darling Point. Mona Road and Greenoaks Avenue act as two other main access roads to the suburb. 
New Beach Road runs between the western boundary of the suburb and Rushcutters Bay Park. The 327 bus service used to go through Darling Point but it has been reduced to a lesser route, now called 328. 
Darling Point ferry wharf provides access to Double Bay ferry services. Darling Point is also serviced by the nearby Edgecliff railway station.
Demographic
At the 2016 census, there were 4,190 residents in Darling Point.
The most common ancestries in Darling Point were English (24.1%), Australian (15.1%), Irish (9.7%), Scottish 7.4% and Chinese 3.3%. 54.2% of residents were born in Australia.
The most common countries of birth were England 5.3%, New Zealand 3.4% and South Africa 3.2%. 72.6% of people spoke only English at home. The most common responses for religion were No Religion 27.2%, Catholic 18.3% and Anglican 16.5%.
Parks
McKell Park was originally the site of the now-demolished Canonbury House, but is now a public park.
Situated at the northern end of Darling Point Road, it has panoramic views of Sydney Harbour and is a popular location for picnics and weddings.
It also provides access to Darling Point's ferry stop.
 
 
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What you need to know about buying an apartment in Darling Point

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Veteran finance industry director Paul Rizzo and wife Frances has sold their redundant ­Sydney home.
The couple have been based in Melbourne for the past two decades, so they’ve ­finally decided to sell their old Darling Point residence they bought for $585,000 in 1992.
It was purchased soon after Rizzo ended his 24 years at the ANZ Bank.
The classic Mona Road home has four bedrooms, two with private balconies, and two bathrooms across its three levels.
The property was last available for rent at $1100 a week in 2016.
Ray White Double Bay agents Warren Ginsberg and Adam Reichman were taking the home to October 10 auction with a guide of $2.4 million, but brought it forward given strong interest.
It fetched $2.91 million.
This article first appeared in The Saturday Telegraph. 
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Paul Rizzo sells redundant Darling Point home

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Veteran finance industry director Paul Rizzo and wife Frances brought forward their Darling Point auction date, and secured $2.9 million.
The couple have been based in Melbourne for the past two decades, so they’ve ­finally decided to sell their old Darling Point residence they bought for $585,000 in 1992.
It was purchased soon after Rizzo ended his 24 years at the ANZ Bank.
The classic Mona Rd home has four bedrooms, two with private balconies, and two bathrooms across its three levels.
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The property was last available for rent at $1100 a week in 2016.
Ray White Double Bay agents Warren Ginsberg and Adam Reichman are taking the home to October 10 auction with a guide of $2.4 million.
This article was first published in the Sunday Telegraph. 
 
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Finance veteran Paul Rizzo sells redundant Darling Point home

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The Darling Point home of Steve Duchen and wife Polly, has finally sold following its auction last September which attracted no bids.
Duchen, who was an internet currency trading pioneer in the mid-1990s, is the buyer of the $14.25 million Omnia, Kings Cross penthouse.
His six-bedroom Darling Point Road mansion (pictured) had initial $8 million hopes, which were adjusted to $6.8 million last month.
The three level home was renovated after being bought in 2013 for $4.55 million from former Racing NSW chairman Alan Brown and wife Belinda.
Duchen is best known for developing the Linnaeus residential estate, outside Byron Bay.
This article was first published in the Sunday Telegraph.
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Rich lister Steve Duchen finally sells Darling Point home, heading to Kings Cross Omnia penthouse

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An unconventional Darling Point home has been sold for about $6 million.
The home has undergone extensive renovations under its ownership by the entrepreneur Barry Wain, including additions to take advantage of its lush tropical gardens.
There are now two outdoor entertaining areas, one with a retractable roof and the other with glass walls.
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The Oswald Street home sits behind a four metre high hedge and sandstone wall in the middle of a garden filled with palms, shrubs and a gum tree which is centuries old.
A free-standing parent retreat has been built in the 940 square metre grounds, designed to connect organically with its garden environment.
It features one full glass wall, a dressing room and a bathroom.
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The traditional main residence comprises a further five bedrooms, including two private teen suites on their own floors.
One sits in a converted attic with its own lounge, dressing room and ensuite.
Period details of the home have been retained including its original wood floors, pressed iron ceilings, decorative glass doors and windows and original fireplaces.
The living and dining room, which open to the outdoors, are divided by a double-sided Jetmaster fireplace.  
<a href="http://alisoncoopes.com/buying/just-so-inspiring/" target="_blank">Alison Coopes at Agency by Alison Coopes</a> marketed the property.
Philippa King, the former adviser to Malcolm Turnbull and Mike Baird, bought the Darling Point home. 
This article first apeared in The Weekend Australian. 
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Unconventional Darling Point trophy home bought by former Malcolm Turnbull adviser 

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Rachel Laundy, the ex-wife of hotelier Stuart Laundy, has bought in Darling Point, snapping up a four-bedroom maisonette for $2.55 million at a recent auction where she was the only bidder.
On the dress circle Greenoaks Ave, the two-level home is a three-bedroom residence with self-contained apartment.
The Bradfield Cleary agency secured the sale from Unibail-Rodamco Westfield senior executive David Ruddick.
Rachel, who has four children with Stuart, hasn’t owned property since the matrimonial home in Mosman sold for $4.8 million in 2014 after their 2013 split.
This article was first published in the Saturday Daily Telegraph. 
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Stuart Laundy's ex-wife Rachel buys in Darling Point

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The latest listing on prestigious Lindsay Avenue, Darling Point is the home of retired car dealer Laurie Sutton.
The luxury Michael Dysart-designed mansion home, set above McKell Park, was influenced by the design aesthetic of Kyoto's imperial palace built around an imposing two-storey atrium.
The five bedroom, seven bathroom home integrates with the natural environment.
Entry to the home is through a grand stone entrance and a panelled door made from zinc.
There is a heated swimming pool, with gun-barrel Harbour views, along with its lift accessed 10 car garage.
Alison Coopes at Alison Coopes Agency has given the home a $35 million price tag.
It has currently been on market for 35 days, for sale through an expressions of interest campaign closing April 17.
Last sold in 20007 the home traded for $18.25 million.
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Michael Dysart-designed Darling Point mansion listed

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Brothers Anthony and Sam Hordern, of the blue blood Hordern family, have bought after the family's long-time Bellevue Hill home was sold earlier this year.
They've spent $3.2 million on a three bedroom apartment in Darling Point (pictured above).
The 155 square metre apartment, spanning an entire level of the 1970s block of 11, has been stylishly renovated since it last traded for $1.7 milliion in 2011.
It has three bedrooms, two bathrooms, with Japan Black parquet flooring and crisp white interiors in the open plan living spaces.
Stone Real Estate Double Bay agent Daniel Baran sold the apartment pre-auction after 16 days.
In June, the extended Hordern family finally found a buyer for their heritage-listed Ginaghulla Road home, when bought by Rothschild chief executive Marshall Baillieu, who kept it in the family.
They initially sought $30 million when first listed in late 2016.
The Hordern House, designed by Professor Leslie Wilkinson, was built as a wedding gift for June Baillieu and Samuel Hordern, who united two of Australia's most prominent pioneering families.
This article first appeared in The Daily Telegraph.
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Darling Point, Sydney

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