Burgeoning developer <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a> is continuing to expand its presence in South Melbourne.

Recently launching to market Park Modern, 246 apartments near the Shrine of Remeberance on Dorcas Street, Time &amp; Place has sought to add a further 300 apartments just two streets away.

The new Park Street building will have 22 storeys above an activated ground-plane with over 100 sqm of retail space and 100 sqm of co-working space.

<img alt="First Look: Time &amp; Place unveils plans for 22-storey mixed-use tower on transforming Park Street, South Melbourne" data-entity-type="file" data-entity-uuid="333f6f9b-61cf-4426-8ea7-3dd7d8881848" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Park%20Melbourne%201.png?VersionId=UV77lIAG9.pGMhWZqJr2av9pKiYwR7Ku" />

The built form adopts a podium-and-tower typology in response to Design and Development Overlay Schedule 26, which guides development across the precinct. A discretionary podium height of 18 metres transitions to a slender tower form, consistent with the area’s shift toward higher-density outcomes. According to the Urban Context Report prepared by Urbis, the site "represents a substantial opportunity to deliver housing in an highly accessible strategic location that is intended for renewal, as sought by policy.”

Design considerations have focused on minimising bulk while maintaining amenity outcomes, including tower setbacks to support daylight access, cross ventilation, and views. The proposal also responds to overshadowing controls, which seek to protect sunlight access to Park Street during key daytime hours. The surrounding precinct is already seeing a transition from low-rise buildings to taller podium-and-tower developments, with newer projects reaching the 60-metre preferred height limit.

<img alt="First Look: Time &amp; Place unveils plans for 22-storey mixed-use tower on transforming Park Street, South Melbourne" data-entity-type="file" data-entity-uuid="edb6f098-33ee-49c1-a5f0-80eb62946e8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Park%20Melbourne%20podium.png?VersionId=CPwbzPoxFy9DQ1xoQMAV50rHFKQaJ0d0" />

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Planning policy identifies the St Kilda Road neighbourhood as a preferred location for high-density residential and mixed-use development, with the specific sub-precinct encouraging increased scale to support a more dynamic, connected urban environment.

The 2,050 sqm site, amalgamated as 60–74 Park Street, sits 70 metres from the Kings Way intersection and has over 40 metres of frontage to Park Street and 51 metres to Little Bank Street. According to the submission, the site is currently “underutilised”, comprising three one- to three-storey office buildings.

Having recently completed The Queensbridge in Southbank, with only a handful of the 353 apartments remaining, Time &amp; Place is now focusing on its future pipeline, both in Melbourne and across Australia.

The developer has approval for The Burke, a mixed-use project in Glen Iris being delivered in partnership with Woolworths. The 60 apartments, positioned above a new Woolworths supermarket, are expected to launch in the coming months. Time &amp; Place is also progressing plans for the redevelopment of Northcote Plaza; however, a sales campaign is not anticipated in the near term.

In Sydney, the developer has two projects in Manly: Two Tides, which is currently under construction, and an ultra high-end building on North Steyne, fronting the beach. It is also continuing to work through the redevelopment of The Chimes building on Macleay Street in Potts Point, as well as Marlborough House, the redevelopment of the original David Jones warehouse building in Surry Hills.

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Joel Robinson

Time & Place unveils plans 22-storey South Melbourne tower

After years of uncertainty, false starts and stalled momentum, <a href="https://www.apartments.com.au/new-apartments/one-sydney-park-205-225-euston-road-alexandria-nsw-2015">One Sydney Park</a>, one of the more unique developments in Sydney overlooking Sydney Park at the junction of Alexandria, St Peters and Newtown, is set to be revived.

The long-dormant Alexandria site, a two-hectare parcel on <a href="https://www.apartments.com.au/new-apartments/one-sydney-park-205-225-euston-road-alexandria-nsw-2015">Euston Road</a>, is being brought back to life by Besgate, the private developer founded and led by Justin Gao.

Besgate is seeking to significantly increase the project’s scale, with its recent State Significant Development Application (SSDA) proposing a doubling in density. Previously earmarked for around 350 apartments, the revised plans outline approximately 700 residences above ground-floor retail, including 40 designated affordable housing units.

While details on apartment configurations have not yet been released, the submission indicates the development could accommodate around 1,400 residents once complete.

Further details are expected to emerge as the project progresses through the SSDA process and moves to public exhibition. The development is estimated to cost around $500 million to deliver.

One Sydney Park was originally earmarked for the prominent warehouse site by Chinese developer HPG Australia. The project was taken to market in 2018; however, a combination of economic uncertainty in China at the time, followed by the COVID-19 pandemic, meant construction never commenced. HPG had reportedly sold around 50 of the first 100 apartments released.

Initial plans proposed eight low-rise buildings comprising a mix of one-, two- and three-bedroom apartments, alongside penthouses and terrace-style homes. Many of those residences were designed to capture park views and include private courtyards.

Besgate to revive One Sydney Park apartments after eight-year delay

&nbsp;Joint venture developer partners <a href="https://www.apartments.com.au/developers/billbergia">Billbergia</a> and Legacy Property have unveiled plans for <a href="https://www.apartments.com.au/new-apartments/88-waterloo-88-waterloo-road-macquarie-park-nsw-2113">88 Waterloo</a>, a $1 billion-plus mixed-use development in Sydney’s North West.

Sales will kick off in a few months for the two towers, which will rise 60 and 52 levels from 88 Waterloo Road. There will be 858 apartments, 60 of which will be dedicated to affordable housing.

Beneath the towers, designed by AJC Architects, will be a four-level podium with shared dining, work-from-home and games rooms, with communal open space on the podium rooftop.

The podium rooftop has been conceived as an ‘urban backyard’, with a range of sought-after resident facilities. These include lawns and landscaped gardens with edible native species, a lap pool and children’s splash area, BBQ area, outdoor work-from-home spaces, yoga and wellness areas, a sauna and a cold plunge pool.

<img alt="88 Waterloo" data-entity-type="file" data-entity-uuid="47685d06-3c32-4e1c-9ba6-eb3f66ebeeb2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-19%20at%208.56.48%E2%80%AFAM.png?VersionId=o29IFNbNVDZgcaYJgjXLOtmVgfPOy64H" />

Positioned in an amenity-rich location at 88 Waterloo Road, the project is opposite Macquarie University Metro Station, adjacent to the Macquarie Park shopping centre and also fronts Elouera Reserve. 88 Waterloo will see the outdated walk-up apartment buildings on the site transformed into a thriving mixed-use residential community, supported by stand-out residential amenity and open space.

88 Waterloo will also deliver a critical boost of new homes for over 2,000 people, directly contributing to NSW’s National Housing Accord targets.

Macquarie Park is one of eight Accelerated Precincts identified under the State’s Transport Oriented Development (TOD) planning reforms. According to Billbergia, the plan for 88 Waterloo is consistent with TOD planning principles to increase density next to rail stations.

“We’re excited to see 88 Waterloo progress through the Housing Delivery Authority planning pathway," Billbergia Development Director Saul Moran said.

"It’s a great example of site optimisation and future-focused liveability, delivering new homes beside major transport, shopping, and parklands in the heart of a well-connected community."

Subject to approvals, construction is expected to commence by 2027, with completion expected in 2030.

<img alt="88 Waterloo" data-entity-type="file" data-entity-uuid="6d99f2d5-f66f-4332-8a80-27e95e88ac8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-19%20at%208.57.02%E2%80%AFAM.png?VersionId=oCfAeZrgCxWOXwJlVe_AQvPr8C.5zJEu" />

Matthew Hyder, CEO of Legacy Property, said the joint venture partnership has overcome hurdles currently facing developers.

“Our journey to amalgamate over 60 individual apartments across four buildings over the past eight years is a prime example of the challenges faced within the development industry but with the strategic partnership formed with Billbergia, we look forward to delivering on the desperate need for housing in locations where transport, jobs, education and essential services&nbsp;already exist.”

The 88 Waterloo proposal was declared by the Housing Delivery Authority (HDA) in August 2025 for state assessment. It is now set to go on public exhibition.&nbsp;

Billbergia & Legacy unveil $1 billion vision to transform Macquarie Park

Prolific developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured an $11.6 million sale in its recently launched Lower North Shore apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a>.

A family from the Upper North Shore, with three children studying at university, amalgamated two residences to create a 333 sqm spread on the 21st level of the Crows Nest building that is currently under construction.

The apartment will now have four bedrooms, two living areas, and a dedicated study, delivering the scale and functionality typically associated with a freestanding family home.

The apartment will have a&nbsp;50-metre frontage, offering uninterrupted, never-to-be-built-out views stretching across the Sydney Harbour Bridge, Barangaroo, Sydney Harbour and through to the Heads.

[smartcode_project:default project_id=135323 project_image_fid=351935]

Deicorp Founder Fouad Deiri OAM said the amalgamated residence shows a clear shift in buyer preferences, particularly among downsizers and family owner-occupiers.

“We’re seeing strong demand from buyers who still want space, separation and flexibility, but without the maintenance and travel time that comes with a large suburban home," Deiri said.

"This residence shows how apartment living can genuinely replace a house when it’s designed with scale, outlook and liveability in mind."

Designed for entertaining and everyday family living, the residence will feature a statement kitchen with a butler’s pantry, expansive living and dining zones, and an outdoor barbecue and entertaining setting, all framed by panoramic harbour views.&nbsp;

[smartcode_project:default project_id=135323 project_image_fid=351939]

Positioned just a five-minute walk from the new <a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a> Metro station, Falcon &amp; Alexander is conceived as a vertical village, with residences arranged around a central atrium and shared gardens, alongside premium resident amenities and boutique retail and dining at ground level. The project will also include a boutique 100-room hotel.

Designed by award-winning architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a>, the project will deliver 188 apartments. One-, two- and three-bedroom apartments are available, starting from $1.3 million.

Construction is currently underway and is scheduled to be completed in 2028.

[smartcode_project_cta:default project_id=135323]

Deicorp secures $11.6 million sale at Falcon & Alexander, Crows Nest

<a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> recently welcomed residents into Uno and Duo, marking the completion of the penultimate stage of its $1.2 billion West Village precinct in Brisbane's West End.

There are only two opportunities remaining in the two-tower stage known as The Allere Collection. Duo is fully sold out, but two penthouses have just been released in the sister tower Uno.

The sprawling penthouses, measuring upward of nearly 350 sqm, have been designed by renowned architecture firm Rothelowman to focus on multi-generational living. One penthouse has four bedrooms, the other five, as well as several living areas. A second entry to the apartments make them ideal for those with several generations living under one roof, allowing for greater independence and flexibility within the same home, an increasingly sought-after feature among extended families looking to remain connected without compromising privacy.

[smartcode_project:default project_id=114215 project_image_fid=5703]

Built by&nbsp;<a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, one of the best in the construction game, Duo forms part of a connected, pet-friendly vertical community that brings together two architecturally aligned towers with shared rooftop amenity.

Rothelowman Principal Jeff Brown previously described the design philosophy as centred on connection.

“When thinking of ways to nourish a soul one needs connection to self, to nature and to community,” Brown said.

[smartcode_project:default project_id=114215 project_image_fid=204874]

That ethos is expressed through Duo’s rooftop offering, which includes a pool and heated spa framed by mature planting, a private dining room and residents’ lounge, and BBQ facilities. On the lower levels, residents have access to&nbsp;work-from-home spaces, a workshop, and a pet parlour.

The rooftop captures views across the Brisbane River and back toward the city skyline, positioning it as both a retreat and a social anchor for residents.

[smartcode_project:default project_id=114215 project_image_fid=364091]

Owners in Duo also have access to Uno’s rooftop amenities, effectively doubling the shared facilities within the community. At Uno, residents can use a second rooftop pool, additional private dining and entertaining areas, a teppanyaki grill, and the Paw Pavilion, an off-leash space designed for residents’ dogs. The reciprocal access reinforces the project’s “vertical neighbourhood” model, where common areas are intended to extend the footprint of each apartment.

[smartcode_project:default project_id=114215 project_image_fid=5710]

The Allere Collection sits within West Village, a 2.6-hectare mixed-use precinct just 800 metres from the Brisbane CBD. Delivered progressively since 2016 on the former Peters Ice Cream factory site, the masterplan now integrates heritage buildings, retail and dining, health and wellness providers, and open green space into an established inner-west address.

Sekisui has released the final stage of the development, Callista on Park, set to be completed in Q2 next year. With the first release now 95 per cent sold out, limited large-scale three- and four-bedroom residences remain, priced from $2.6 million.

[smartcode_project_cta:default project_id=114215]

Allere Collection residents move in as multi-award winning West Village enters its final chapter

Frankston South

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A Frankston South apartment block covered in flammable cladding is such a fire risk that a security guard has been posted out the front to prevent any arson attack.
The owners of the <a href="https://www.realestate.com.au/property/unit-5-5-culcairn-dr-frankston-south-vic-3199" target="_blank">flats</a> have been told by the Victorian Building Authority the cladding will have to be removed immediately.
There is an estimated $400,000 cost including fixing cracking, damp, leaking roofs and mould.
The opposition planning spokesman Tim Smith has raised the matter in State Parliament.
The VBA has declined to reveal the locations of buildings, most of which are privately owned, that have flammable cladding for fear of arson attacks.
A cladding audit ordered by Planning Minister Richard Wynne reviewed more than 2000 building and identified 44 private buildings among the “highest risk” of fire.
The cladding issue across Melbourne was sparked by London's deadly Grenfell Tower fire in 2017.
There was a blaze at the Lacrosse building in Melbourne Docklands and earlier this month a fire at Spencer Street’s Becton-built Neo200 apartments.
The Age reported the 33 owners of a block of apartments received an emergency order issued by Frankston City Council.
“We can’t afford this, people are going to lose their homes,” said Craig Fitch, chairman of Summardai Apartments’ Owners Corporation.
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j.ballantyne1990-6AQqhLzZaK

Frankston South apartments caught up in Melbourne's cladding crisis

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Yamala, the sprawling hillside estate set high above Daveys Bay Beach at Frankston South, has been listed for sale.
The <a href="https://www.realestate.com.au/property-house-vic-frankston+south-130121570" target="_blank">19th century built stately English-style manor</a> is steeped in history, having previously been the country retreat of Sir John Madden, former Chief Justice and lieutenant-governor of Victoria.
It has been offered by Robin Grainger, the UK-born who inherited the title of Lord of the Manor of Loxton via his mother. His title was a feudal title that goes with ownership of a plot of land in Somerset in the UK.
Yamala dates back to 1854 when William Woolley acquired 42 hectares of land overlooking the beach. 
<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/2018/12/20/YAM2.jpg" alt="">
He built a smaller four bedroom house in the 1870s before selling not long after to Madden, who was based in the mansion Cloyne in St Kilda.
The Maddens, who extensively extended the Woolley house, sold the 13 hectare property to restaurateur A.J Lucas for £16,100 after Sir John's death.
Built of solid stone, the mansion has 17 rooms. There are six bedrooms, a study, self-contained former servants' quarters, a sunken drawing room with pressed leather wallpaper a bar built in the early 1900's to replicate London's Savoy Hotel.
<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/2018/12/20/YAM4.jpg" alt="">
The entrance pillars and landscaping is the work of architect Walter Burley Griffin, who undertook a makeover in the late 1920s.
In the grounds is a renovated Roman-style saltwater, solar-heated swimming pool and spa, accompanied by a limestone poolhouse. A path leads directly from the home through the gardens to Daveys Bay Beach.
<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/2018/12/20/YAM3.jpg" alt="">
The initials of each of the former owners are inscribed on a stained glass window on the ground floor.
Yamala has a $5.3 million to $5.83 million guide. It last traded for $2.9 million in 2012.
Harcourts Mount Eliza agents Jayme Wallison and Ben Crowder are marketing the home in conjunction with Community Real Estate.
 
 
 
 
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jrobinson-rf4aSBido9

Frankston South landmark Yamala, set above Daveys Bay Beach, hits the market

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<div>
The longtime home of the boxing legend Johnny Famechon at Frankston South sold before its scheduled weekend auction.
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The boxing hall of fame inductee’s home (top) came <a id="x_mcntLPlnk84713" href="https://www.realestateview.com.au/real-estate/9-wandana-crt-frankston-south-vic/property-details-sold-residential-11910624/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">with $1.2 million to $1.3 million price hopes</a>.
A nearby Mount Eliza buyer put in a strong offer to snap it up on Friday.
It was built in the 1970s with Mediterranean touches, as a family home after Famechon had been crowned world featherweight champ in 1969.
He was inducted in the Australian National Boxing Hall of Fame in 2003, having recorded 56 wins, six draws and five losses over his impressive 20-year career.
There were only a few traces of photographic memorabilia hanging on the walls dating back to the triumphs of the 73-year-old who has been immortalised in a statue at Frankston’s Ballam Park.
Famechon had custom built the four bedroom home on the 2809sq m property, with a pool and tennis court.
Meanwhile the AFL Richmond star Alex Rance sold his Niche, Richmond investment apartment (below.)
The two bedroom pad at 606/120 Palmer Street fetched $678,000, after being announced on the market at $672,000.
<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/2018/7/9/rance.jpg" alt="">
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Three bidders competed for <a id="x_mcntLPlnk481375" href="https://www.realestateview.com.au/real-estate/606-120-palmer-street-richmond-vic/property-details-sold-residential-11917587/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">the apartment</a> which Rance bought to liver in after his debut season for $675,000 off the plan in 2009.  
<div>The top floor apartment, with two balconies with district views, had recently been a $580 a week rental.</div>
<div> </div>
<div>The price guidance quoted had been $620,000 to $680,000.</div>
The slow down in offerings continued deeper into winter and school holidays, with a total of 1,400 auctions held across the capital cities, down from the prior week when 1,671 auctions took place.
CoreLogic calculated a preliminary auction clearance of 55.9 per cent, which was up on the previous week’s 52.6 per cent final clearance rate.
"The weighted average has remained within the mid-50 per cent range for each of the last 8 weeks, while one year ago 65 to 70 per cent of homes were selling," CoreLogic auction analyst Kevin Brogan said.
"Although the capital city weighted average is substantially lower than a year ago, auction results are holding stronger relative to the 2010-2012 downturn in home values when the capital city clearance rate held below 50 per cent between mid- 2011 and early 2012," he added.
There were 632 Melbourne homes taken to auction, returning a preliminary clearance rate of 58.2 percent. Last week, 791 auctions were held across Melbourne with a lower 57.2 per cent success rate.
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Melbourne's most expensive result was on <a id="x_mcntLPlnk760746" href="https://www.realestateview.com.au/real-estate/124-stanhope-street-malvern-vic/property-details-sold-residential-11906893/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">Stanhope Street, Malvern</a> when a Shanghai buyer paid $2.74 million for a four bedroom home (below).
<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/2018/7/9/hye.jpg" alt="">
The classic 1893 Victorian period home, Hye House had been expected to sell for between $2.6 and $2.8 million.
It last sold at $1,115,000 in 2005.
In Sydney, 55.1 per cent of properties sold, up from last week when final result saw less than half of Sydney homes successful at auction at just 49.7 per cent.
Click here <a href="https://www.propertyobserver.com.au/images/2018/7/9/Cap-Cities-July-9.jpg" target="_blank">to enlarge.</a>
<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/2018/7/9/Cap-Cities-July-9.jpg" alt="">
There were fewer Sydney auctions held this week compared to last, with 544 homes taken to market down from the 634 auctions last week as of final figures.
The highest Sydney weekend sale was <a id="x_mcntLPlnk86675" href="https://www.realestate.com.au/sold/property-house-nsw-cronulla-128615330" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">11 Darook Park Road, Cronulla</a>, a likely knockdown home, which sold for $5.8 million.  The four bedroom, three house on Gunnamatta Bay had last sold in 2013 for $3.8 million and $3.2 million in 2008.
Some five of the 11 registered bidders competed for the beachfront on over 1000 sqm. It was the seventh sale on the road above $5 million over the past decade.
Canberra returned the strongest preliminary clearance rate of 64.7 per cent while only 30.8 per cent of homes sold in Perth.
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jchancellor-FAypfDUnLy

Johnny Famechon's Frankston South House sells pre-auction

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The boxing legend Johnny Famechon is downsizing from the Frankston South home he built more than four decades ago.
The double-storey, four bedroom house sits on a 2809sq m block with a pool and tennis court.
It has a price guide of $1,195,000 to $1,314,500 for its July 7 auction.
UFirst Mornington director Juan Merchan has the listing with former AFL player-turned-real estate agent Jarrad Grant.
It was built in the 1970s with Mediterranean touches, as a family home for former world featherweight boxing champion.
Famechon had been crowned world featherweight champ in 1969.
He was inducted in the Australian National Boxing Hall of Fame in 2003, having recorded 56 wins, six draws and five losses over his impressive 20-year career.
The 73-year-old was recently immortalised in a statue at Frankston’s Ballam Park.
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