An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

Inner Melbourne

Nestling in one of Malvern&rsquo;s leafiest pockets, King Bird Development&rsquo;s, Contour presents a boutique collection of residences designed by Ascui &amp; Co. Architects.

The sculpted homes are an embodiment of their address, inspired by the organic beauty of nature, with all of Malvern&rsquo;s cultural delights within reach.

[smartcode_project:default project_id=29091 project_image_fid=81617]

With consideration for site and neighbourhood context, Ascui &amp; Co. have envisioned a design that gives back to its occupants, nurturing an effortless and elevated living experience.

Combining understated materiality, a sweeping form and inherently practical planning, Contour delivers a collection of two and three-bedroom residences to Melbourne&rsquo;s inner suburbs.

Ascui &amp; Co. are a Melbourne-based firm who are often inspired by the curve motif &ndash; a design language they utilise with precision.

This is exemplified by Contour&rsquo;s rounded edges and the sinuous wave-like elements tracing the periphery of the building, reminiscent of nature&rsquo;s organic forms.

Situated on a corner site, the fa&ccedil;ade follows the natural path of the land, with its soft, rounded edges complimented by a series of contours, sweeping from one face to the other, giving definition to the balconies, slabs and large glazed windows throughout the project.

[smartcode_project:default project_id=29091 project_image_fid=81619]

Contour is expressed in a simple materiality, with white concrete and deep grey metals providing a counterpoint to the verdant garden setting.

Ascui &amp; Co. Director, Gonzalo Ascui, said light was paramount to the design of Contour, drawing it deeply into the internal spaces through vast expanses of glass, in addition to the expansive terraces and balconies fostering a seamless flow between indoor and outdoor living, while affording panoramic views of the leafy streetscape as well.

&ldquo;There is an elegant softness to the building &ndash; we&rsquo;ve avoided rigidity and sharp lines. The building curves around the corner site, following the natural path of the land. Sinuous wave-like elements trace the form of the building, sweeping from one face to the other in a flowing gesture,&rdquo; said Ascui.

Curated again by the Melburnians, Ascui &amp; Co., the interiors reflect the sophistication of the architecture.

Each space has been generously appointed, boasting high-end finishes with rich textures, creating a sense of open grandeur to th&nbsp; interiors that brightens everyday life and allows residents&nbsp;to connect with the outdoor environment.

[smartcode_project:default project_id=29091 project_image_fid=81622]

Chosen from the industry&rsquo;s most trusted suppliers and creators, apartments are home to a collection of considered finishes and touches, including natural stones, engineered European Oak herringbone timber floors, soft 100 per cent polyamide carpets, textured joinery, ribbed feature tiles and glass elements.

&ldquo;Together, these premium materials create an aesthetic of timeless sophistication while gifting a low-maintenance lifestyle and unrivalled durability.&rdquo;

Recognising the importance of first impressions, Ascui &amp; Co. curated a considered and inviting apartment entrance.

A robust stone plinth, with a built-in draw, presents a place for things like ornaments, indoor plants, keys and letters, backlit for a striking effect with a curved mirror, creating an air of elegance while the layout of the floorboards emulates the experience of a hallway.

Contour&rsquo;s living room presents a sunny and expansive setting, adorned in a palette of luxurious yet neutral finishes, complete with a fireplace.

Defined by floor-to-ceiling windows, the open-plan living room is awash with abundant natural light and verdant vistas of the landscaping and surrounding treetops, in addition to a seamless connection between indoor and outdoor living.

[smartcode_project:default project_id=29091 project_image_fid=81616]

Housed within stone joinery, the fireplace creates a cosy atmosphere as well as efficiently heating the space, while engineered timber Herringbone floors provide the perfect base for living.

Ascui &amp; Co. have featured contoured edges at the apartment entrance and in the island bench, evoking an instant air of continuity, where elements of the exterior have been translated within to enhance the unique language of the design

Contour&rsquo;s generous kitchen is the heart of the home, fitted out by a functional design and abundant storage, as well as premium appliances and finishes, from solid quartzite to fluted glass.

Entering the space, the solid quartzite stone island bench instantly draws in the eye, distinguished by the same sweeping contour seen on the facade and at the apartment entrance.&nbsp;

Full-height joinery with a wood grain texture has been paired with elegant fluted glass cabinetry, bringing a sleek and modern feel to the palette, along with a suite of premium Gaggenau appliances.

[smartcode_project:default project_id=29091 project_image_fid=81618]

&ldquo;Walking into these spaces, the curves are a visual delight. They blend and bend space, allowing light to flow around the corner, coming right into the room and illuminating the finishes,&rdquo; Ascui added.

Stepping into the bedrooms, featuring fluid curved walls and ample sunlight, the master bedroom has been designed as a private sanctuary.

Set upon plush carpet, the room is complete with a spacious walk-in-wardrobe, equipped with custom shelving and a refined fluted-glass door.

Presenting sophistication at its most tranquil, Contour&rsquo;s bathroom offers a private oasis, illuminated by dappled light, with a calming palette, exhibiting full-height tiling on all walls, solid stone benchtops and fluted-glass partitions.

[smartcode_project:default project_id=29091 project_image_fid=81620]

Rounding out the room, a double vanity affords a sense of hotel-style luxury, complete with integrated storage, as well as an expansive shower and free-standing bathtub.

Construction has begun on the Malvern project, with interested buyers left with only a small window now to secure an apartment with just a 5 per cent deposit before settlement.

Three-bedroom apartments can still be secured in Contour, with prices starting from $1,647,500.

[smartcode_project_cta: project_id=29091]

alisonwarters@gmail.com

"Sweeping from one face to the other": How Ascui & Co. designed the Malvern apartments, Contour

<html><body>
The Melbourne unit market continued to shrug off the worst of the 2020 COVID impact on property, recording 0.6 per cent gains over December, according to data analytics firm CoreLogic.

It followed from 0.1 per cent gains in October and <a href="/news/melbourne-apartment-values-outperform-houses-in-november-corelogic">0.7 per cent gains in November</a> to be 1.4 per cent up over the quarter. The quarterly performance saw apartments offset any early year losses to be flat over the calendar year.

The unit market comfortably outperformed the housing market over 2020, with houses contracting two per cent, CoreLogic's data found.

The unit median rose to $576,905 over December, now higher than July levels.

Urban has taken a look at five apartments blocks to secure under the median apartment value.

<h2><a href="/buildings/canvas-272-barkly-street-brunswick">Canvas, Brunswick</a></h2>

Address: 272 Barkly Street, Brunswick, VIC 3056

<img alt="" height="887" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/canvas_brunswick.jpg" width="1200">

Canvas, the Brunswick development by ID Land, has one bedroom apartments starting from $480,000, well below Melbourne's median apartment price. The facade of the Rothelowman-designed block pays homage to Brunswick’s industrial past. Formed by concrete construction and urban design principles, the visual grid spans the building, framing each apartment. It will feature 62 one, two and three bedroom residences with interiors by Hecker Guthrie, expected to be completed in 2022.

Their two beds start from $680,000.

<h2><a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne">Parkhill Apartments, West Melbourne</a></h2>

Address: 408 Spencer Street, West Melbourne VIC 3003

<img alt="" height="793" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_west_melbourne.jpg" width="1200">

Parkhill Apartments in West Melbourne are offering one bedrooms starting from $479,000, developed by the award-winning Central Equity. Early buyers will have the chance to save $430,000 on stamp duty.

Parkhill Apartments has a range of one and two bedroom apartments with 6.5 Star energy ratings. There's a rooftop gym for residents and a rooftop garden with outdoor seating and barbecue areas.

<h2><a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east">Hawthorn Park, Hawthorn East</a></h2>

Address: 33 Camberwell Road, Hawthorn East VIC 3123

<img alt="" height="808" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hawthorn.jpg" width="1200">

Just over the rising median is Hawthorn Park, where developer Dahua Group is offering its one beds in from $609,000. The Camberwell Road development, estimated to be completed earlier this year, comprises 368 residences spread across seven floors and five buildings. Another designed by architect Rothelowman, Hawthorn Park features a fully-equipped gym with yoga and meditation studio, massage suites, a sky boardwalk, sky lounge, garden pavilion and a swimming pool.
</body></html>

Melbourne's unit median now sits at $576,905 after seeing a 0.6 per cent rise in unit values over December.

Melbourne unit values rise 0.6 per cent in December: What you can buy for the new median

<html><body>
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
The Real Estate Institute of Victoria’s latest data reveals that Nillumbik’s property market is kicking goals so far in 2019 with two of the top three performers located within the municipality.
Revealing the REIV’s median data for the first quarter of 2019, REIV President Robyn Waters said the median house price in Eltham increased 7.3 per cent to $950,000 in the January-March 2019 quarter while Greensborough’s median house price soared 6.0 per cent to $808,000.
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
“Melbourne’s Green Wedge Council proved to be our property hot spot for the first quarter of 2019 as the area’s idyllic surrounds and enviable lifestyle boosted house values. You can still get impressive family home with all the bells and whistles in this truly unique area of Melbourne for less than a million dollars,” Ms Waters said.
</div>
</div>
</div>
“Consistent with 2018 trends, some outer areas continue to do well with Narre Warren South sitting second on the top 10 list for median house price growth with a 7.1 per cent increase, Mulgrave is at number four with a 4.7 per cent increase and Point Cook in fifth place, also with a 4.7 per cent increase.
"Interestingly, we are also starting to see signs of recovery in Inner Melbourne with Glen Iris and Balwyn North making the top 10 this quarter, recording increases of 4.3 per cent and 4.2 per cent respectively.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/26/REIV-Melbourne.jpg" alt="">
Overall, Melbourne’s median house price fell 1.4 per cent in the first quarter of 2019 to dipbelow $800,000 at $793,000.
“The market was fairly stagnant in 2018 as vendors resolved to stay put and renovate or extendrather than take their chances on selling in an uncertain market and I think we’ll need to wait until after the Federal Election to see any major change to that climate,” Ms Waters said.
“Looking at the annual picture, the top 10 performers for median house price growth between April 2018 and March 2019 were all in Outer Melbourne demonstrating the popularity of affordable options for families who have their heart set on the ‘great Australian dream’.
In suburbs like Sunbury, Craigieburn and Wollert you can still secure a great family home for $500,000 to $600,000 which is attractive to potential owner-occupier and investors,” Ms Waters said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/26/metro-growth-melbourne.jpg" alt="">
There are also more new house and land packages coming online in places like Officer and Clyde North where burgeoning estates have replaced empty paddocks in a relatively short time frame. As a consequence, the necessary infrastructure and community facilities are coming on line in these areas.
Ms Waters said regional Victoria continues to outperform the Metropolitan Melbourne property market with substantial gains of almost 10 per cent recorded in some towns this quarter and a 1.0 per cent increase overall in the median house price.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/26/Melb-regional-growth.jpg" alt="">
</div>
</div>
</div>
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
“Four of the top 10 towns for median house price growth in the March quarter were in the Ballarat area: Redan topped the list with an increase of 9.8 per cent to $357,000, Ballarat East was at seventh with a 4.4 per cent increase to $355,000 just ahead of Soldiers Hill at eight with a 4.3 per cent increase to $485,000 and Brown Hill with a 3.5 per cent increase to$440,000,” Ms Waters said.
“In the 12 months to 30 March 2019, three regional towns reported growth of more than 24 percent: Wonthaggi, Redan and Wendouree which is a resounding endorsement for the propertymarket’s in these areas, given the current cooler climate.
Strong annual growth was also found in Stawell, Bendigo, Irymple, Trafalgar, Mount Clear,Wallan and Maryborough.”
</div>
</div>
</div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

Inner Melbourne prices still weakening, while regional Victoria edges higher

<html><body>
Developer SMA Projects has partnered with Hayball for a new development on Gore Street, Fitzroy.
The project at 250 Gore Street will have a mix of comprise one, two and three-bedroom apartments, as well as a 300 square metre penthouse.
SMA Projects has previously completed two projects on the street, The Lyric and Veludo.
SMA Projects development manager, Robert Murphy, said that there will be the opportunity to customise an apartment with the assistance of interior designer Kate Roach.
Three bedroom apartments are priced from $1,150,000 to $2,600,000, while two bedroom units start from $725,000 
The penthouse is available from $4.8 million.
Demolition of the existing structure is expected to start in December, while construction will begin in early 2019 with an expected completion date of December 2019.
</body></html>

SMA Projects announce third Gore Street, Fitzroy project 

<html><body>
Melbourne has the strongest housing market, when it comes to retaining boom time gains, according to CoreLogic.
Since its peak last November, the harshest hit property are standalone houses in inner, inner east and inner south Melbourne.
It is where prices have declined between 4 and 6.1%.
Elsewhere across Melbourne both houses and unit prices have fallen no more than 3%.
<div data-image-url="https://pbs.twimg.com/media/De4dqmhVQAAcSSr.jpg" data-element-context="platform_photo_card" data-dominant-color="[10,49,64]"><img src="https://pbs.twimg.com/media/De4dqmhVQAAcSSr.jpg" alt="" data-aria-label-part=""></div>
</body></html>

Inner Melbourne apartment holding value after market peak: CoreLogic

<html><body>
Melbourne secured another 70 percent plus auction clearance weekend, with two sub-regions notching over the 80 percent mark.
The strongest performers came from Melbourne's Inner South and North East, according to CoreLogic.
Click here <a href="https://www.propertyobserver.com.au/images/2018/3/13/regionsMelb.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/2018/3/13/regionsMelb.jpg" alt="">
The priciest home to sell in Melbourne came from Port Melbourne in the Inner South.
The <a href="https://www.realestate.com.au/property-house-vic-port+melbourne-127569918" target="_blank">172 Clark Street home</a> fetched $2.465 million.
It was a three bedroom brick home which was marketed as a likely knockdown with a $2 million to $2.2 million price guidance.
</body></html>

jrobinson-rf4aSBido9

Melbourne's strong clearance rate led by inner south and north east

<html><body>
Electric car industry leader Tesla Australia has leased a Cremorne warehouse in a leasing deal signed over the holiday period.
The near 700 square metre warehouse at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-cremorne-500641183" target="_blank">69 Cremorne Street</a> was leased by the electric car company on a two years lease at $118,000 gross plus GST.
Located on the eastern side of Cremorne Street between Swan and Kelso Streets, the freehold property adjoins Kangan Institute and their Richmond TAFE Campus.
It sits on 870 square metres and has a 15 metre frontage to Cremorne Street.
Gray Johnson agent Rory White, who negotiated the leasing, believes the Tesla occupancy is to complement the existing retail store, service centre and supercharger vehicle loading facility that is nearby at 650 Church Street in Richmond.
White said that the building, which was offered for lease and was vacant, attracted significant enquiry.
“The inner-suburban precinct of Cremorne has become a highly preferred destination for creative and specialist businesses including a number in the automotive sector and professional consultancies no doubt due to its proximity to all that adjoining Richmond offers together with its excellent accessibility to major road and freeway connections.
“Gray Johnson held multiple offers to enter into a lease over this property before the Tesla offer was judged as the preferred tenancy option” White says. 
Tesla has a service and supercharging facility nearby in Richmond. 
</body></html>

Tesla Australia take out lease in Cremorne, Melbourne

<html><body>
GUEST OBSERVER
Secret Agent has updated its price per square metre index for secondary apartments in inner Melbourne. 
An additional 478 apartments have been added to the index so that it now consists of a total of 870 apartments which have sold between 1st January 2016 to 30th June 2016. 
<a href="/images/2016/08/26/Screen%20Shot%202016-08-26%20at%2011.48.21%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/26/Screen%20Shot%202016-08-26%20at%2011.48.21%20AM.png" alt="">
The new average square metre rate for apartments in inner Melbourne is $8,679/sqm.
The inner South remains the most expensive region for apartments with the average totalling $9,664/sqm. 
This is closely followed by the inner East at $9,089/sqm. 
Central and inner North apartment rates are $8,466/sqm and $8,395/sqm respectively. The cheapest region to buy secondary apartments in is the inner West, at $7,124/sqm.
For more information, <a href="https://secretagent.com.au/" target="_blank">click here</a>.
</body></html>

Inner Melbourne

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Inner Melbourne

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News