The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

House And Land

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Strong demand for house and land packages in Echuca is pushing the average price for these products up, according to HTW’s Month in Review: March 2017. 
The valuation firm says there are opportunities for first time buyers in the $300,000 to $400,000 price bracket around Echuca, however the average house and land package is pushing closer to $400,000.
“Alternatives at the lower end of the market are units and town houses which are available for between $180,000 to $220,000 for basic units through to $300,000 to $375,000 for relatively modern three bedroom, two bathroom townhouses.,” the report says.
“It is worth considering the demand for rentals and potential gains from depreciation for first home buyers who may look to retain their first properties as an investment, if and when they are ready to move on.”
A house and land package for a three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-echuca-123371626?listingType=buy" target="_blank">Lot 40 Park Avanue</a>, Echuca (above) has been listed for $337,500.
Similarly a house and land package for a four bedroom house at <a href="https://www.realestate.com.au/property-house-vic-echuca-124729842?listingType=buy" target="_blank">15 Magnolia Way</a>, Echuca (below) has been listed for $351,878.
<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/2017/03/15/15%20Magnolia%20Way.jpg" alt="">
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Prices for Echuca house and land packages rising: HTW

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House and land option in outer western Sydney should be on the radar for first home buyers as off the plan units, in a wide variety of locations, are unable to achieve their purchase price upon settlement, according to HTW’s Month in Review: March 2017. 
The valuation firm says many of these units were originally purchased in stronger market conditions, particularly in 2015.
“This could be disastrous for a first home buyer after saving for a large deposit and having to come up with more money to settle,” the report says.
HTW says yields have tightened across the board with Sydney recording record low returns at 2.8% for houses and 3.8% for units, according to CoreLogic data.
It points to significant price growth and high investor participation that has resulted in a flooded rental market dropping rents.
“Over the last few years many tenants have exited the rental market and become owner-occupiers thanks to the low interest rates and not wanting to miss out on capital growth, this has resulted in additional rental vacancy’s hitting the market putting downward pressure on rents.
“A threat for investment are highly geared investors requiring a strong rental return to service their mortgage, an oversupply of rentals in some sectors of Sydney may result in a number of forced sales of investment properties due to serviceability issues.
“If too many sales occur at the one time this may result in a drop in values.”
The firm warns that this is a particular concern for large scale unit complexes with high investor participation rates.
“If you can’t access the property market the traditional way we have seen in the past other methods that may also work.”
The firm suggests joining forces with close friends or family to ‘group buy’ a home, buying an investment property interstate or sourcing support from their parents as alternative methods, albeit with their own pros and cons to consider.
A house and land package at <a href="https://www.realestate.com.au/property-residential+land-nsw-gregory+hills-201753326" target="_blank">Lot 462 Yass Street</a>, Gregory Hills (above) has been listed for $600,000.
Similarly a house and land package for a three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-cobbitty-124837746" target="_blank">Lot 1335 Goodluck Circuit</a>, Cobbitty (below) has been listed for $644,400.
<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/2017/03/15/Lot%201335%20Goodluck%20Circuit.jpg" alt="">
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House and land a safer bet than off the plan units for Sydney first home buyers: HTW

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One of the surprise performers over the past few months has been Brisbane’s fringe suburbs according to HTW’s February 2017 update.
The valuation firm says there is a continued shift towards house and land packages – particularly from investors scared off by the threat of a looming unit oversupply.
“While no-one is calling a boom for this once very sleepy sector, activity has been strong,” the firm says.
“Our team are also noting gains in the western corridor towards the Ipswich region as facilities and infrastructure continue to attract business and residents.
“Some of the bigger estates in this patch are seeing 30 to 40 land sales per month – and most developers would call this a roaring success.”
HTW says this is in contrast to the prestige property which operates outside the constraints impacting other price points due to many high-end buyers being cashed up and immune from interest rate variations.
“When the right buyer meets the perfect property, record prices can result.
“We will probably see a few more of these benchmark sales occur in 2017.” 
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-stafford+heights-124462038" target="_blank">Stafford Heights </a>(above) was recently sold for $553,000.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-qld-mount+gravatt+east-124536170" target="_blank">5 Boambillee Street</a>, Mount Gravatt East (below) was sold for $775,000.
<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/2017/02/20/5%20Boambillee%20Street.jpg" alt="">
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Unit oversupply forces Brisbane investors shift focus to house and land: HTW

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Clarence Property managing director Peter Fahey says around 70% of people who have purchased in the new Epiq Lennox Head development to date are from the Lennox-Ballina area.
The developer Clarence Property claims that it is the largest privately funded civil works project between the NSW mid-north coast and Queensland border.
The $200 million development will create up to 580 jobs over the next five years, Fahey said.
It will deliver up to 335 jobs during its construction phase, with a further 245 ongoing jobs to be created at and supporting the project's planned shopping precinct.
Construction is complete on the sold out first stage of the community, comprising 51 homesites and sporting fields.
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j.ballantyne1990-6AQqhLzZaK

Epiq Lennox Head buyers are 70% local 

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Vacant seaside land at Diamond Beach, with approved subdivision, is for sale.
The properties are located at <a href="https://www.realcommercial.com.au/property-land+development-nsw-diamond+beach-502139634" target="_blank">Lot 6, 310-314 Anniversary Drive, Diamond Beach</a>.
The block covers a total 10.92 hectares and is situated just meters from the pristine shores of Diamond Beach.
It is a 10 minute drive from the resort towns of Old Bar and Forster, some three and a half hours north of Sydney.
The land has rural residential subdivision approval for 89 lots.
The property is offered through Unique Estate agent Nicolette van Wijngaarden.
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Coastal land holding at Diamond Beach for sale

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Melbourne-based property group and fund manager OpenCorp has acquired new sites to host its latest crowdfunded house and land developments.
Located in Greenvale, 20 kilometres north of the Melbourne CBD, the 168-lot subdivision site is positioned close to the company’s sold out Umbra development. It will be the 23rd project OpenCorp has funded through a property development fund.
Currently under construction, Umbra already is projecting good returns for investors. OpenCorp is currently anticipating a total return of 110% against the forecast of 58%. Its 41% internal rate of return sits against the forecast of 30%.
Like Umbra, investors in the Greenvale development would subscribe to an OpenCorp managed property development fund to participate as equity partners in the new $46 million project.
Based on the success of Umbra, 70% of the $11.4 million of the equity being raised for the development has been committed by one major Melbourne investor.
“They participated in the first Greenvale development and were eager to invest in the subsequent similar development,” says OpenCorp director Allister Lewison (pictured above centre).
OpenCorp have also closed its capital raising offer with the $3.5 million fund being considerably over-subscribed.
The new development fund is forecast to provide investors a total return of over 54%, or an internal rate of return close to 23%.
“Our development funds provide a great way for family offices, high net worth clients and retail investors to invest in developments when they don’t have the time, money or skills to do so themselves,” Lewison says.
“Our 10 year track record combined with average returns of over 20% per annum are proving very popular with small and large investors, given the returns from other asset classes.”
The new Greenvale development is expected to attract first homebuyers seeking a site to build a family home at an affordable price point in anticipation of the City of Hume’s continued rapid growth.
“The Melbourne market continues to remain very robust for quality developments in the right catchments,” Lewison says.
“The sub markets in which we operate are very much focused on strong demand and supply fundamentals.”
Greenvale is located a 30 minute drive from the Melbourne CBD and 10 minutes from Tullamarine Airport. 
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Crowdfunding property developer OpenCorp acquires second Greenvale site

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The Royal Children’s Hospital secured $663,000 after Henley and Villawood Properties offered an auction property proceeds towards the hospital’s Good Friday Appeal.
<a href="https://www.youtube.com/watch?v=2-dDdw7D1Ek" target="_blank">The property</a> was at Villawood Properties’ Trillium community in Mickleham.
There was spirited bidding for the home at the no reserve auction where all proceeds were donated to the hospital.
This Easter marked the Good Friday Appeal's 86th year of contribution to the Royal Children's Hospital.
The Henley home that sold to the Elsikmani family brings to approximately $4.4 million the amount raised for the hospital through this initiative since Villawood Properties’ involvement began seven years ago. 
At over 48 squares, this property featured four bedrooms, three bathrooms, and living areas and outdoor alfresco - all appointed with the highest quality of fixtures and fittings.
The Trillium community has a residents only facility Club Trillium which features a fully equipped gym, heated 25 metre lap pool, tennis courts, community gardens as well as a function room. 
The Royal Children’s Hospital secured $646,000 last year after Henley and Villawood Properties offered an auction property proceeds towards the hospital’s Good Friday Appeal.
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jchancellor-FAypfDUnLy

Villawood and Henley combine to raise funds for the Royal Children's Hospital Good Friday appeal

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If you want to buy your land and build your new home right now, you are entitled to do exactly that with constructed, titled land set to be released on March 19 at Stonybrook, Hillside in Melbourne’s north west.
“The Melbourne residential property market is experiencing large residential subdivisions pre-selling allotments that won’t be ready to build on for 12 months. We are launching on Saturday with titled allotments ready for house construction to start immediately. We know from other projects in Melbourne that there are many purchasers who can’t afford to wait for land to be titled before they can build," said Mark Erskine, director of Bendigo-based property developer YourLand Developments.
Among the many reasons buyers can't wait include a growing family or needing to move quickly, he added. However, in the regional market where the company also operates, buyers expect their land to be titled or titled quickly once they buy.
“We have witnessed first-hand the huge demand for new homes across Melbourne and noticed that buyers are keen to secure their future as soon as it becomes available," he said.
"Buying land off the plan suits those who are happy to wait for the title to come through, however, if you don’t it can be a source of frustration and many buyers find it difficult to plan around.
"Stonybrook has shifted the timing for pre-selling allotments to the later stages of the process to focus on providing buyers with certainty on timing.” 
Also helping is the the surrounding residential community, with shopping centres, schools, parks and public transport all close.
“Unlike a lot of new house and land developments, residents coming to Stonybrook don’t have to worry about when all the lifestyle amenities will be delivered, they are already here to embrace and enjoy,” said Erskine.
Stony Hill Creek, one of Melbourne’s most significant waterways, was reconfigured to create a scenic lake in the heart of the development.
"Having partnered with four key builders at Stonybrook, we are already experiencing a high level of interest because the builders have clients looking for titled land, so they can build right now,” he said.
 
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Titled land set to be released on Saturday in Melbourne's Stonybrook

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The Real Estate Institute of Western Australia has listed the top ten most affordable suburbs in Perth rated on median house price for the year to June 2015 with no changes from the 2014 list. Medina, Calista, Camillo, Hillman and Armadale round out the top five.
1. Medina
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE </th>
</tr>
<tr>
<td>$258,750</td>
<td>$289,000</td>
<td>$318,125</td>
<td>$375,000  </td>
</tr>
</tbody></table>
 
2. Calista
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE</th>
</tr>
<tr>
<td>$287,750 </td>
<td>$320,000 </td>
<td>$349,000 </td>
<td>$613,000 </td>
</tr>
</tbody></table>
 
<a href="https://reiwa.com.au/for-sale/calista/" target="_blank" title="View properties for sale in Calista - reiwa.com"></a> 3. Camillo
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE</th>
</tr>
<tr>
<td>$290,000 </td>
<td>$320,000 </td>
<td>$353,000</td>
<td>$462,000 </td>
</tr>
</tbody></table>
 
<a href="https://reiwa.com.au/for-sale/camillo/" target="_blank" title="View properties for sale in Camillo - reiwa.com"></a> 4. Hillman
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE</th>
</tr>
<tr>
<td>$300,000 </td>
<td>$320,000 </td>
<td>$340,625</td>
<td>$400,000 </td>
</tr>
</tbody></table>
 
5. Armadale
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE </th>
</tr>
<tr>
<td>$295,000 </td>
<td>$325,000 </td>
<td>$359,250</td>
<td>$850,000 </td>
</tr>
</tbody></table>
 
<a href="https://reiwa.com.au/for-sale/armadale/" target="_blank" title="View properties for sale in Armadale - reiwa.com"></a> 6. Parmelia
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE</th>
</tr>
<tr>
<td>$301,375 </td>
<td>$325,250 </td>
<td>$355,000 </td>
<td>$445,000 </td>
</tr>
</tbody></table>
<a href="https://reiwa.com.au/for-sale/parmelia/" target="_blank" title="View properties for sale in Parmelia - reiwa.com"></a> 7. Brookdale
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE</th>
</tr>
<tr>
<td>$297,500 </td>
<td>$330,000 </td>
<td>$357,500 </td>
<td>$401,000 </td>
</tr>
</tbody></table>
 
8. Orelia
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE </th>
</tr>
<tr>
<td>$300,000 </td>
<td>$340,000 </td>
<td>$409,000 </td>
<td>$535,000 </td>
</tr>
</tbody></table>
 
<a href="https://reiwa.com.au/for-sale/orelia/" target="_blank" title="View properties for sale in Orelia - reiwa.com"></a> 9. Cooloongup
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE </th>
</tr>
<tr>
<td>$311,000</td>
<td>$340,000 </td>
<td>$379,000 </td>
<td>$549,000 </td>
</tr>
</tbody></table>
 
<a href="https://reiwa.com.au/for-sale/cooloongup/" target="_blank" title="View properties for sale in Cooloongup - reiwa.com"></a> 10. Leda
<table class="data-table"><tbody>
<tr>
<th>LOWER QUARTILE</th>
<th>MEDIAN HOUSE PRICE</th>
<th>UPPER QUARTILE</th>
<th>HIGHEST SALE PRICE</th>
</tr>
<tr>
<td>$318,500 </td>
<td>$340,000 </td>
<td>$390,000 </td>
<td>$480,000 </td>
</tr>
</tbody></table>
<a href="https://reiwa.com.au/for-sale/leda/" target="_blank" title="View properties for sale in Leda - reiwa.com"> </a>
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The ten most affordable suburbs in Perth

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The soon-to-come restrictions on lending on house and land packages for owner occupiers and investors is going to trigger unfortunate pain in Sydney's greenfield housing estates.
It will, ironically, put further pressure on prices by limiting the supply of new homes. 
The Commonwealth Bank of Australia has advised mortgage brokers that finance approvals for individual buyers of land lots would be delayed until all preliminary work on the project had been completed. 
That sounds okay, but currently many smaller developers actually have to pre-sell many of their lots before a bank will lend the money needed to start the earthworks and install water, sewerage and electricity services.
The Housing Industry Association understandably worries that the CBA decision restricting pre-sales - with undoubtedly other banks to follow - will have an adverse impact on the new housing sector across the outer suburbs of all Australia’s capital cities. 
"There is no justification for cutting off the credit tap for new residential development," Harley Dale, the HIA's chief economist argues.
"It would be very concerning at this point in time if it became more difficult for people to get into a new home, which is the end issue here."
Under the old policy the bank would commit to a loan with an assessment based on the development plan, as early as 12 months before a lot was accessible. 
Under the new policy it will need a valuation after an external valuer is physically able to identify the lot.
Banks turning down the financing tap is a yet another consequence of the recent APRA crackdown intended to stop any property bubble.
No one wants a bubble, but aren't we told the answer lies in doing everything possible to increase the supply of Sydney housing?
While safeguarding Australia’s financial system is obviously of paramount importance, the recent lending policy outcomes derived from APRA's intervention now risk obstructing not only new home building but damaging the economy’s rebound capacity. 
New detached home sales rose last financial year to 73,000, which was a four-year high for Australia. 
But just two states, NSW and SA are actually currently showing continued new home construction strength, warns the Housing Industry Association.
Compared with just 12 months ago, the number of owner occupier loans for the construction or purchase of new dwellings increased in New South Wales (+12.9 per cent), South Australia (+9.0 per cent) and the ACT (+0.5 per cent). Those in decline were Western Australia (-21.4 per cent), Tasmania (-20.8 per cent), the Northern Territory (-20.8 per cent), Queensland (-7.8 per cent) and Victoria (-4.8 per cent).
The HIA blame much of the decline on the lending outcomes that followed the initial December 2014 APRA crackdown.
Ofcourse these lending restrictions are against the backdrop of the unresolved, longstanding issue of local governments having increasingly onerous requirements and costings for infrastructure provisions in greenfields sites.
Economist Saul Eslake rightly says, there are two sides to this story, and he and I have a lot of sympathy with the desire of exisiting residents to prevent developments which detract materially from their quality of life.
But whatever perspective one might take on that debate, there is no doubt that planning laws and upfront costs have contributed to the mis­-match between our housing demand and housing supply.
Eslake argues it is time for revisit current models for financing the provision of infrastructure and services in greenfields housing estates by reducing upfront charges, replacing them instead with changes he suggests to the land tax regime.
But that idea is way too forward thinking in this knee-jerk world of now. 
This article was first published in The Saturday Daily Telegraph
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