Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

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[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

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[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils signature penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

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Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

House And Land

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Multi-award winning building company Choice Homes is a market leader specialising in turnkey housing design and construction.
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Choice Homes is active in select South East Queensland hotspots such as the Gold Coast, Logan, Brisbane, Ipswich and Beaudesert, as well as the major resource industry hub of Mackay.
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The company’s well-planned growth has continued through 2018 and into 2019, hallmarked by consistent job starts, outstanding sales results and significant award recognition.
In 2018 alone, Choice Homes has sold out stages at The Highlands and Camelot in Coomera, commenced 350 builds in South East Queensland and Mackay, and brought to market many new stages in key Choice Homes estates.
Over the years, Choice Homes has won many awards and in 2018 added to the trophy cabinet by winning the Apartment Complex of the Year in the HIA Gold Coast and Northern Rivers Housing Awards. They were also awarded 19th place in the Gold Coast Top Companies 2018.
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The company also launched new display homes at Camelot in Coomera and at Royal Sands in Mackay, and has more display homes planned across its properties. Choice Homes’ first apartment project—101 Pohlman Street, Southport—has since sold out, and planning is well underway for a brand new apartment development, with release scheduled for 2020.
Behind this outstanding market success is a 26-year-old family-owned company that has executed strategic expansion into several complementary real estate and development businesses.
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Each addition to the Choice group of companies has become a success story in its own right, while simultaneously bolstering client service and satisfaction.
MPM Property Sales and Management, for example, a standalone real estate and property management company, has an office at Parkwood on the Gold Coast, one in Ipswich and a third office which has recently opened at the booming suburb of Pimpama, each staffed by professional sales and property management teams.
As some parts of Australia’s property market have begun to cool down, South East Queensland and the highly sought-after growth corridor between the Gold Coast and Brisbane are selling at a strong and reliable rate. This is where you will find Choice Homes’ premier land developments, next to the billions of dollars’ worth of key infrastructure and employment hubs.
2019 will see Choice Homes continue to create industry-leading homes to satisfy the strong demand across Queensland’s key growth markets.
Following 26 years’ proven performance as one of Queensland’s premier builders, Choice Homes has secured an enviable land supply from key residential developers in Queensland and northern NSW.
Choice Homes continues to be a strong contributor to the community. It sponsors and supports a number of business, sporting and community-based initiatives each and every year and will continue to do so into the future.
To download Choice Homes Urban Appeal 2019 magazine, <a href="https://www.choicehomes.com.au/estate/sovereign-estate" target="_blank">click here</a>.
 
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jrobinson-rf4aSBido9

Who Are South East Queensland award-winning builder Choice Homes?

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A demand for affordable and housing is driving a continuing drop in median lot sizes across Melbourne’s greenfield market.
The median lot size has dropped from 514 square metres in 2009 to 405 square metres in 2017, according to data cited by AVID Property Group.
The developers are looking to capitalise on the demand with its recently released Orbit Homes Tempo Living collection at Bloomdale, a masterplanned community in Diggers Rest.
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AVID Property Group Senior Development Manager Chris Monahan said the group was seeing the benefits of partnering with builders such as Orbit Homes to produce smaller, smarter and affordable homes.
“The Tempo Living homes are a well-designed and well-priced product, which offer a unique opportunity for buyers to snap up some of the best-located blocks in Bloomdale’s masterplanned community,” Monahan said.
“Following its success in Bloomdale in early 2017, the Tempo Living collection offers three- bedroom house and land packages, priced from $442,340, all within 45 minutes from Melbourne’s CBD.”
Orbit Homes Sales and Marketing Director Paul Millson said smart design and functionality can go a long way in making homes on smaller blocks feel spacious.
“We have a dedicated team working on the functionality and layout of our Tempo Living designsto ensure we maximise the use of space, open planning and low maintenance living to meetconsumer’s accommodation needs,” Millson said.
“As the dream of quarter-acre blocks fades into the past, people are seeing the value of living within an existing community.
“These homes may have a smaller yard, but we ensure the lots are integrated into well located communities like Bloomdale with surrounding parks, amenity, open space and infrastructure.”
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j.ballantyne1990-6AQqhLzZaK

Smaller, smarter and affordable homes the focus of new release at Bloomdale

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Melbourne land prices have continued to moderate, with prices remaining stable in the September quarter, figures from the latest Oliver Hume Quarterly Market Insights (QMI) report showed.
Metropolitan Melbourne's median land price is now $325,000.
Active projects are only down 0.6 percent to 168, which signifies a drop of just one project, however there has been a total decline of 14.5 percent of total lots released.
Total lots released up to September (4232), is down 22 percent year on year.
Total lots sold in the September was also inevitably down (25 percent), with just over 3,300 lots sold. The total unsold amount of land lot was up 18 percent from last quarter.
Prices in the Melbourne Metro area were unchanged over the quarter, while Geelong, where the median price has soared over 30 percent annually, was down 2.67 percent.
Click here to enlarge.
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The Mitchell Shire north of Melbourne continues to be the most affordable despite recording strong growth over the quarter and the year.
The municipality of Melton experienced the largest median price growth for the second consecutive quarter, with the median price of lots now sitting above $300,000 for the first time.
Oliver Hume chief operating officer Julian Coppini said the September quarter result reflected a moderating of demand for Melbourne land.
“Overall, we expect prices to remain relatively stable although some locations may see median prices trend lower,” he said. 
 
 
 
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Melbourne land prices remain stable in September quarter but outer Melbourne softens

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Immigrants are underpinning Australia's largest house and land market, Oliver Hume research suggests.
"Any cut to immigration would have a negative momentum in the market," Oliver Hume head of research George Bougias has said.
Oliver Hume's latest national land market report shows that Melbourne's rising prices are encouraging a larger proportion of Indian-born Australians, who have been overwhelmingly based in Melbourne, to go to Queensland.
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"What we're seeing now is that 10 per cent of our buyers in Queensland are Indian-born," Mr Bougias said.
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"South-east Queensland is becoming more like Melbourne and Sydney in some respects – from employment, whether professional or white-collar workers. Queensland today is very different to what it was 20 years ago."
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The report found more than 65 per cent of second-quarter greenfield land sales in Melbourne to buyers born outside Australia.
The proportion has come back from its peak of 77 per cent last year, Bougias told Fairfax Media, who noted broadening in the type of buyers, including owner-occupier and downsizers, was occurring in the largest trend in greenfields buyers – Indian-born immigrants.
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Immigrants are underpinning Melbourne's land boom: Oliver Hume

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Aoyuan International has made its first land deal for the year, securing two adjoining lots totalling 123 hectares in Moss Vale on the Southern Highlands.
It paid close to $100 million.
The group, which has active development sites across Australia, Canada and Hong Kong, has earmarked the site to be the ‘flagship’ of their Australian house and land subdivision portfolio.
Plans are already forming to create a ‘landscape-led’ masterplanned, integrated residential community with more than 20 per cent of the site put to green open spaces and recreational facilities.
The deal brings the group’s Sydney development pipeline to over $2 billion, across apartments and land, including Coomeroo Estate at Bargo, comprised of 167 residential blocks ranging in size from 700sqm to 5000sqm.
Curving around the Moss Vale Golf Course and bound by Yarrawa Road and Lovelle Street, the site been rezoned for residential lot subdivision by Wingecarribee Shire Council.
Land lots are expected to range in size from 400 sqm through to 2,000 sqm.
The acquisition is only the latest development for Aoyuan Intl as apartment projects including Maison 188 Maroubra and Mirabell in Turramurra are due to welcome residents this year, while Altessa at Gordon is now under construction.
Aoyuan International’s parent company is China Aoyuan Property Group whom currently hold a land bank of over 25 million sqm across China, Macau, Australia and Canada.
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Aoyuan International spends $100 million on Moss Vale house and land project 

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A North Richmond ready to build parcel of land with views back over to the mountains has been listed for sale.
It comes with $485,000 to $515,000 price guidance.
It first sold in August last year at $485,000.
It is offered by Nicole King and Jacob Bennett from Bennett Property. 
<a href="http://bennettproperty.com.au/1P2178" target="_blank">Positioned at 3 Summit Ridge</a>, the Redbank Estate is accessed from the Grose Vale side of the development.
It has a total of 988sqm of land.
The estate will offer the complete lifestyle with great parks, over 14km of walking and bike trails and a small shopping village to be completed
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Summit Ridge, North Richmond land offering

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A 635 sqm land parcel in Bonville south of Coffs Harbour has sold for $260,000.
The block in the popular Storyland gardens estate has views of the nearby Bongil Bongil National Park.
The block at <a href="https://www.realestate.com.au/sold/property-residential+land-nsw-bonville-202119006" target="_blank">8 Mountain View Court</a> only went up $1,000 since it last traded in 2017.
Beth Andrews at PRDnationwide Coffs Harbour advised the vendor had moved overseas. 
The block with street level access is a short drive to Sawtell Beaches, cafes, restaurants, entertainment and some of the best schools on the coast.
 
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Bonville mountain view block sells

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One of the biggest lots in Macarthur Heights estate in Campbelltown has been listed for $550,000.
The 615 sqm block of land located at <a href="https://www.realestate.com.au/property-residential+land-nsw-campbelltown-202138190" target="_blank">Lot 4296, 9 Westview Street, Campbelltown</a> comes with a 15 metre street frontage. 
Land size closer to 500 sqm have been fetching between $470,000 and $495,000.
Macarthur Heights sits adjacent to the grounds of the Western Sydney University and is surrounded by 42 hectares of green parklands.
The development is set for 850 homes and will have an astronomy centre as its central attraction.
UrbanGrowth NSW are behind the project.
It's near the Australian Botanic Garden and has easy access to the M5 motorway and Hume Highway.
It is within walking distance of Macarthur Train Station, Macarthur Square Shopping Centre.
Linkers Real Estate agent Rubayet Mahmud is marketing the block. 
 
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Dream home building block in new Macarthur Heights estate at Campbelltown

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Located on the northern side of Mayfield, a private 1303sqm of level land has been listed for over $2.5 million.
It is offered by Vaughan Keenan from Grace and Keenan, Newstead. 
<a href="http://graceandkeenan.com.au/36-mayfield-street-ascot/" target="_blank">Situated at 36 Mayfield St, Ascot</a>, the level vacant land is north facing and features 5m wide private driveway. 
The land has been cleared and ready to start building.
It is within walking distance to Ascot school zone, transport and Racecourse Road cafe society.
There are two recent house sales of $5.235 million and $7.6 million in the northern side of Mayfield. 
 
 
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Ascot dream home building block listing

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A vacant block of land at Menai in the Sutherland Shire has sold for $955,000, going backwards on its sale last year.
The 818 sqm building block in Anderson Ridge, one of the Shire's new estates, fetched $980,000 in 2017.
Joshua Singer from Purplebricks sold the property this time round after seeking $1.05 million. It took 111 days to sell, with the price revision to $1.02 million prompting a sale.
The block at<a href="https://www.realestate.com.au/sold/property-residential+land-nsw-menai-202038382" target="_blank"> 39 Anderson Place</a> has a rear-to-north aspect and sits nearby Menai's entertainment hub and Alford’s Point.
The southern Sydney block lies near the Georges River National Park.
The precinct is surrounded by bushland and waterfront reserve. The land sold for $640,000 in 2015 when bought from the developer.<a href="https://www.propertyobserver.com.au/http://raywhitemenai.com.au/properties/sold-residential/nsw/menai-2234/land/1701806" target="_blank"> </a>
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