Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

International

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A 37 year old Manhattan resident has converted his apartment into a gamer’s paradise.
Chris Kooluris told <a href="https://www.nydailynews.com/life-style/turned-apartment-arcade-article-1.1816727" target="_blank">The New York Daily News</a> that he decided to indulge his nostalgia after reading Ernest Cline’s Ready Player One, a novel about 1980s gamer culture. He’s spent US $26,000 on his interiors renovation, including a number of vintage arcade games and a leather fold out bed (complete with Teenage Mutant Ninja Turtles bed linen).
The senior vice president of a global public relations firm, Kooluris reportedly custom built a four-player arcade console, where he can play thousands of games, including Street Fighter II. Thousands of dollars have gone towards first-edition Transformers action figures.
But it seems that nurturing Kooluris’ inner child has come at a loss – he told The New York Daily News that in the process of building his arcade, his fiancée left him.
In truth, it seems that Kooluris’ extreme renovation makeover was inspired by more than just a book. After moving in with his fiancée, his apartment failed to sell and he reportedly began feeling uncomfortable in his new surroundings.
"This is the extreme reaction of someone who isn't surrounded by his own stuff," he told The New York Daily News. But while Koolouris and his friends reportedly love his arcade-apartment hybrid, it seems that Koolouris might have taken a tiger uppercut to the heart.
"Now that my fiancée and I are no longer together, it's hard to enjoy the room as much as I want to," he explained to The New York Daily News.  "I always end up thinking about her."
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jrichardson-uRX5hFdKfN

Fantasy renovation: Manhattan gamer turns his apartment into a video game arcade

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Madrid and Dublin have been heralded as 2013’s standout recovery markets in Knight Frank’s European Cities Review that looks at luxury markets and “Tier-2” cities across Europe.
Below, is how much space €1 millions will buy you.
<img src="/images/2014/06/11/kf%20june%2011%20one.png" alt="">
Source: Knight Frank Residential Research
Here are the nationalities purchasing in these cities:
<img src="/images/2014/06/11/kf-june-11-two.jpg" alt="">
Source: Knight Frank Residential Research
Head of international research at Knight Frank, Kate Everett-Allen, said that even among the first tier cities in Europe, there is considerable disparity.
With luxury prices in Paris oscillating around €12,000 to €15,000 per square metre, property here is looking good value, especially when compared to London or Monaco where prime prices are closer to €30,000 or €55,000 per square metre respectively – even taking President Hollande’s tax ruminations into consideration,” Allen explained.
“As economic indicators improve, the safe haven effect may not be uppermost in luxury buyers’ minds. Instead, lifestyle, proximity to schools or universities and security considerations may be increasingly influential.”
The performance of prime property, in fact, is influenced by the pattern of capital flows and the priorities of the world’s wealthy, she said.
Below are some examples of the reasoning across Europe (click to open in new window).
<a href="/images/2014/06/11/Infographic_Europe%20in%20numbers.jpg" target="_blank"><img src="/images/2014/06/11/Infographic_Europe%20in%20numbers.jpg" alt=""></a>
Source: Knight Frank Residential Research, Oxford Economics.
Nicholas Holt, Knight Frank head of research for Asia Pacific, said that the critical question is whether prevailing wealth flows will alter now the worst of the Eurozone crisis is over.
 “As economic indicators improve, the safe haven effect may not be uppermost in luxury buyers’ minds.  Instead, lifestyle, proximity to schools or universities and security considerations may be increasingly influential,” said Holt.
“Although wealth creation is forecast to be strongest in emerging markets in Asia and Latin America, the appeal of Europe’s luxury bricks and mortar will – due to its history, diverse cultures, architecture and climate – mean it will remain the location of choice for the world’s wealthy.”
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jduke-EHk3XBmHkn

The overseas luxury market: What €1 million buys and who is buying where

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GUEST OBSERVATION
Some 33 kilometres outside of Paris, in the town of Poissy, sits a true “design classic”, Villa Savoye. The work of seminal Swiss architect Le Corbusier, Villa Savoye is a constructed experiment, a manifesto to <a href="https://theconversation.com/explainer-what-is-modernism-24534" target="_blank">modernism</a>.
Designed and built between 1929 and 1931, the house represents one of the first constructions of modern architecture, redefining classical elements to respond to technological advances and the changing needs of the 20th century. It was a complete departure from the traditional architecture of the time.
This house is more than simply a modern take on a French country house – it was an opportunity to apply a standardised design system which would ultimately produce what Le Corbusier defined as a “Machine for Living”. Like a car and its parts, where each component is necessary to its function, the house would work as efficiently as possible.
In 1926, Le Corbusier published a manifesto entitled <a href="https://www.learn.columbia.edu/courses/arch20/pdf/art_hum_reading_52.pdf" target="_blank">Five Points Towards a New Architecture</a> in which he defined a set of universal principles that could standardise an architectural approach, allowing for a model of architecture that could be reformulated to respond to different requirements such as location and climate.
Villa Savoye became the first test site for these principles.
Le Corbusier’s five points of architecture
The first principle, a grid of “pilotis”, French for a post or column, replaced the typical load-bearing wall which produced a “free plan”; the second principle, allowing for flexibility in wall placement. A “free façade,” the third principle, separated the structure (the pilotis) from the façade of the building, allowing for a continuous, uninterrupted horizontal “ribbon window,” principle four. The fifth principle, a “roof garden” enclosed by a screen, framed the landscape while allowing light to enter the house.
These five principles, which have since become part of a universal architectural language, were reinterpreted and defined by the context. In the case of Villa Savoye, this included a meadow enclosed by trees with views orientating north and west.
A white cubic volume, stripped of any unnecessary ornamentation, is elevated over the centre of the meadow as if an alien ship is about to land. The domestic activities are literally lifted off the ground, separated from the outside world.
The ground level is organised with machine precision, determined by the turning capability of a car, which carves out the ground’s interior volume. This space is arranged to control the sequence of movements through the house; a stair that creates direct vertical connections and a ramp generating a gradual unfolding procession into the house which synthesises the three levels of the villa and produces direct relationships between inside and outside.
Ribbon windows frame views, almost like a camera obscura, bringing the outside context of the house inside. A roof garden, which replaces the exterior space taken over by the mass of the building, allows light to penetrate all spaces of the house.
Article continues on next page. Please click. below.
<hr class="system-pagebreak">
A trailblazer
Distinctly ahead of its time, Villa Savoye has become great inspiration for architects and designers and many of the ideas and concepts have evolved and been imitated by others. Le Corbusier foresaw material innovation with the introduction of industrial materials. Previously, houses were perceived as solid and heavy structures where stone, timber and bricks were commonly used.
Conversely, Le Corbusier drew influence from the machine age, inspired by his fascination with steamships. He introduced steel, glass and reinforced concrete, a shift away from what he saw as impractical materials and methods of the time. Villa Savoye is constructed from reinforced concrete and masonry units. White plaster unifies the house and hides the fact that individual pre-fabricated parts were used to construct the villa.
The assembly of standard components saw a progressive rise for pre-fabrication in architecture, which still has major influence on the practice today. The move towards a more standardised process of forming and making has been further informed by current technological advances, including laser cutters, 3D printers and robots.
These technologies have facilitated the evolution of pre-fabrication, from furniture to building scale. Le Corbusier’s ideas have endured, still influencing efficiency and innovation in the 21st century.
Villa Savoye represents one of the most significant architectural projects constructed. The people at LEGO, one of the world’s most successful brands agree, adding it to their “<a href="https://theconversation.com/block-party-how-architecture-helped-rebuild-lego-18604" target="_blank">architecture series</a>”, in good company with the Sydney Opera House, the Empire State Building, Frank Lloyd Wright’s Falling Water and 14 other iconic buildings around the world.
Villa Savoye’s basic principles transcend time and scale. They have been incorporated into a single family home, as demonstrated by the villa, but have been just as easily applied to large-scale residential buildings such as the <a href="https://en.wikipedia.org/wiki/Unit%C3%A9_d'Habitation" target="_blank">Unité d'Habitation</a> in Marseille, France.
Even after 85 years, this timeless icon of architecture is a model that is still central to architectural and spatial thinking.
William Feuerman is course director (B Des Arch), senior lecturer, school of architecture at University of Technology, Sydney.
This article was originally published on <a href="https://theconversation.com" target="_blank" style="line-height: 1.3em;">The Conversation</a>. 
Photo courtesy of Wikimedia.
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jake-cSmGT7VXVf

Sublime design: Le Corbusier’s Villa Savoye

Australia in global house price growth top 10, but affordability improves

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This week's property quiz will test the brains of movie buffs and property nerds alike. 
Here are ten homes that have secured their places in cinema history. Can you guess where they made their film debuts?
<ol>
<li>
 <img src="/images/2014/05/30/St_Patricks_Seminary_Sydney_front_view.jpg" alt=""> The former inhabitants of St Patrick's Seminary in Sydney would surely disapprove of the parties thrown inside its walls for this film.</li>
<li>
<img src="/images/2014/05/30/ferris-bueller-house-for-sale-cameron-12.jpg" alt=""> Wagging school never seemed so glamorous.</li>
<li>
 <img src="/images/2014/05/30/the%20godfather.jpg" alt=""> This sprawling estate has enough room for a horse - or part of one, anyway. 
</li>
<li>
 <img src="/images/2014/05/30/a%20single%20man.jpg" alt=""> This fashionable home made its movie debut at the same time as its fashionable director.</li>
<li>
 <img src="/images/2014/05/30/dude_0000_0726lebowski1.jpg.jpg" alt=""> "Well sir, it's this rug I had. It really tied the room together."</li>
<li>
 <img src="/images/2014/05/30/Home%20alone%20house.jpg" alt=""> Be careful with the doorknob, and the steps, and the iron, and the stairs...and the spider. 
</li>
<li>
 <img src="/images/2014/05/30/1200px-Ennis_House_front_view_2005.jpg" alt=""> Do androids dream of Frank Lloyd Wright homes? 
</li>
<li>
 <img src="/images/2014/05/30/Twilight-New-Moon-House-Sale000.jpg" alt=""> Perfect for swanning around in with your pale beau. 
</li>
<li>
 <img src="/images/2014/05/30/scarface-mansion-sale.jpg" alt=""> Say 'hello' to this $35 million mansion. 
</li>
<li>
 <img src="/images/2014/05/30/elrod.JPG" alt=""> A certain man with a license to kill almost met his match in this mansion.</li>
</ol>
For the films that made these homes famous, click below.
<hr class="system-pagebreak">
 THE ANSWERS
<ol>
<li>
 <img src="/images/2014/05/30/St_Patricks_Seminary_Sydney_front_view.jpg" alt=""> Australian Catherine Martin won the Oscar for Best Production Design after picking this former Sydney seminary for the exterior of Jay Gatsby's mansion in The Great Gatsby. 
</li>
<li>
<img src="/images/2014/05/30/ferris-bueller-house-for-sale-cameron-12.jpg" alt=""> Bueller? Bueller? Cameron's dad's house from Ferris Bueller's Day Off was sold for US$1.25 million earlier this year, down from its initial asking price of US$2.5 million. 
</li>
<li>
 <img src="/images/2014/05/30/the%20godfather.jpg" alt=""> The Beverley House was the home of The Godfather's Jack Woltz. It's now listed for sale through Hilton Hyland for US $135 million. Thankfully, this estate only provided exterior shots for the movie, so you won't be haunted by any visions of beheaded horses. 
</li>
<li>
 <img src="/images/2014/05/30/a%20single%20man.jpg" alt=""> The Schaffer Residence was Colin Firth's home in A Single Man, the directorial debut of fashion designer Tom Ford. The house sold in December 2012 after four long years on the market, for US $1.395 million to an English television ad director.</li>
<li>
 <img src="/images/2014/05/30/dude_0000_0726lebowski1.jpg.jpg" alt=""> This cottage was the home (and unfortunate site of many beatings) of the Dude of The Big Lebowski. <a href="/news/big-lebowski-house-for-sale">It was listed for sale in 2011</a>. </li>
<li>
 <img src="/images/2014/05/30/Home%20alone%20house.jpg" alt=""> Kevin! The abandoned McCallister pretty much tried to murder two robbers in this home in Home Alone. The house was sold by Coldwell Banker real estate for US $1.585 million in 2012. 
</li>
<li>
 <img src="/images/2014/05/30/1200px-Ennis_House_front_view_2005.jpg" alt=""> Frank Lloyd Wright's Ennis House was made famous in the 1982 science fiction classic, Blade Runner.
</li>
<li>
 <img src="/images/2014/05/30/Twilight-New-Moon-House-Sale000.jpg" alt=""> This West Vancouver house was home to the Cullens in Twilight. It was advertised for sale by Jason Soprovich in late 2009 for CAD $3.298 million.  
</li>
<li>
 <img src="/images/2014/05/30/scarface-mansion-sale.jpg" alt=""> California's El Fureidis estate was the mansion in Scarface. It's currently on the market for US $35 million.  
</li>
<li>
 <img src="/images/2014/05/30/elrod.JPG" alt=""> Another John Lautner stunner on the list. The Elrod House seems to attract a bad crowd, with villains from Diamonds Are Forever, Lethal Weapon 2 and Charlie's Angels all calling the mansion home. 
</li>
</ol>
How did you do? For homes that made it big on the small screen, click below.
<hr class="system-pagebreak">
So now you've seen the houses that earned the spotlight on the silver screen. But what about their more humble cousins on our televisions?
 <img src="/images/2014/05/30/aplacetocallhomeapril29flicker.jpg" alt="">
Camelot at Camden, pictured below, was the location for Channel 7's post war drama A Place to Call Home. 
<img src="/images/2014/05/30/placetocallhomemay9one.jpg" alt=""> 
<a href="/news/camelot-at-camden-is-captivating-as-a-place-to-call-home-location-on-channel-7s-new-1950s-drama-series">Known as Ash Park in the series</a>, the fairy tale home has 55 rooms.  Late last year, the house of one Toadie 'Toadfish' Ribecchi <a href="/news/vic/neighbours-ramsay-street-home-sells-127-000-over-reserve-wins-award">sold for $127,000 above its reserve price</a>. The '30 Ramsay Street' house from Neighbours went for $827,000.  <img src="/images/2014/05/30/ramsay.jpg" alt="">
In late 2012, the Concord cottage (pictured below) that housed the sprawling Rafter clan in Channel 7's Packed to the Rafters <a href="/news/nsw/concords-packed-to-the-rafters-house-fails-to-sell">was </a><a href="/news/nsw/concords-packed-to-the-rafters-house-fails-to-sell">passed in at auction</a>, after selling for $1 million in 2006. <img src="/images/2014/05/30/l_rafters.jpg" alt="">
 You might also be interested in this story: <a href="/news/sa/infamous-snowtown-bank-sells">Infamous Snowtown bank sells </a>
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Friday trivia: Can you guess which films made these homes famous?

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The celebrity chef Bill Granger - who retains two restaurants in Sydney, along with four in Japan, and in London's Notting Hill and Clerkenwell - has opened Bills Sydney in Hawaii. And his next outlet opening will be Seoul in June.
<a href="https://www.billshawaii.com" target="_blank">It is a rustic-chic beach house in Waikiki</a> that opened last month.
The trademark creamy scrambled eggs that put him on the culinary map are available at 280 Beachwalk Avenue.
It's between the Hilton and Westin in low-level contemporary <a href="https://www.thebeallcorporation.com/projects/280_beach_walk/BW_1_DSC_1495" target="_blank" style="line-height: 1.3em;">building</a> (pictured above) that also houses the Hard Rock Cafe in the two-story 30,519 square foot retail building.
Located at Waikiki’s west side, Honu Group’s retail development is close to the Fort DeRussy Reservation.
<a href="https://www.thebeallcorporation.com/pdfs/280_beach_walk-brochure.pdf" target="_blank">2006 stats showed a daily US$202 expenditure by Oceania visitors</a> which Bills will be seeking some of the spend especially from those who know of his fare.
"I only open where I’m inspired; something about the place and lifestyle needs to speak to me," he recently said.
"Honolulu is my favourite type of beach town - urban.
"I had no idea how vibrant the food scene was; I’ve been inspired by the tropical produce and fusion of Vietnamese, Japanese and indigenous cuisines (with a bit of Brooklyn thrown in).
"The menu includes nods to these local dishes, plus all the bills classics and pizzas piled with fresh healthy toppings," he says.
He is not the only Australian in the complex as CBRE's Andrew Starn secured <a href="https://www.bizjournals.com/pacific/news/2013/06/12/pacific/search/results?q=Andrew%20Starn" style="line-height: 1.3em;"></a>tenants including Le Blanc Art with the Australian-born artist Shane Bowden. The other tenants include Akakura, a high-end shoe store, 24 Karat, a Japanese surf shop and the Rome-based women’s clothing and accessories boutique Brandy Melville.
Title Tattle recalls Bill Granger got his training at the iconic La Passion du Fruit on Paddington's Oxford Street after hailing from Melbourne.
Granger opened the original bills in the Sydney suburb of Darlinghurst in 1993, when he was 22.
His Queens Court, Woollahra restaurant recently closed, replaced by the vibrant Luxe.
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jchancellor-FAypfDUnLy

Bills of Sydney rides wave of international success to Waikiki, Hawaii

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GUEST OBSERVATION
The Australasian real estate industry is as mature as any on the planet. We compete against our peers globally and do it well.
Within the global brand I’m associated with, RE/MAX, with its presence in 95 countries, Australia currently has an impressive 13 of the top 20 international teams.
The Australasian real estate industry and Australasian real estate agent practices stand up very well against other nations, and I’d go so far as to say may often beat many international peers hands down when it comes to skills, characteristics and methodologies such as multiple marketing options including the auction system. It is indicative too that real estate is more widely perceived as a career than in many other countries.
In comparison, for example, with the US and Canada, the Australasian real estate industry is not of the same scale. We don’t come close to the huge numbers of offices and agents involved there… yet! I have no doubt that Australian and New Zealand real estate offices will continue to grow both in numbers of agents and services provided by an office.
On my recent trip to Canada, for example, where RE/MAX has 36% market share, I saw some massive operations. I spent time in one real estate business, Richard Pilarski’s RE/MAX Realtron Realty. He has eight offices in Toronto with in excess of 700 sales associates. One office alone has 300 sales associates.
Will Australia and New Zealand follow down the path of creating real estate operations to that scale?
There are offices with 100-plus agents in Australia already; and while we may not see offices with 300-to-400-agents or greater being commonplace in the short term, there’s every possibility we’ll see 30-to-50–strong sales forces on the rise.
For instance, in Canada and the US, no more than approximately 30 per cent in the real estate industry work from an office, and that is a growing trend here in Australia.
With ever-expanding technology, there is a lot more capacity for people to work remotely; so we can expect that real estate businesses will expand without us necessarily seeing bigger physical premises where sales, property management and financial specialists gather and work. RE/MAX AIRR is one such existing example - where portals and databases are more important, and more widely used, than desks and office car parks.
Michael Davoren is managing director of RE/MAX AUSTRALIA and RE/MAX NEW ZEALAND.
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mdavoren-BoeuVwusdi

Will the Australasian real estate industry blow out in size?

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Prime residential prices in key cities worldwide rose by 0.8% on average in the first quarter of 2014, the slowest rate of growth since Q3 2012.
The Knight Frank Prime Global Cities Index tracks the price performance of 32 luxury residential markets.
Closer analysis shows the first quarter of the year has been the index’s weakest performing quarter in two years.
The first quarter, for many European and US cities, corresponds to the winter months where sales activity is sluggish and price movements slower.
The report noted in much of Asia it also marks a traditional low season as Chinese New Year sees sales activity decline.
In addition, tax changes (CGT, VAT etc) often take effect at the end of December leading to a spike in sales in the fourth quarter as buyers and vendors look to take advantage of lower rates e.g. fiscal cliff in New York in 2012.
Despite the slower quarterly rate of growth, the Prime Global Cities Index rose by 6.1% on an annual basis, up from 4.8% a year ago suggesting the overall trend for luxury prices continues to follow an upward trajectory.
Jakarta tops the rankings but Dublin saw the second highest rate of quarterly growth, with prime prices ending the first quarter 5.6% higher.
Last year marked a turning point for Dublin’s upmarket residential areas such as Dalkey and Ballsbridge. Since then luxury prices have risen around 24% but prices remain 35-45% below their pre-crisis peak.
<a href="https://www.knightfrankblog.com/global-briefing/files/2014/05/Prime-Price-By-City-to-Q1-2014.jpg"><img class="alignleft size-full wp-image-3309" src="https://www.knightfrankblog.com/global-briefing/files/2014/05/Prime-Price-By-City-to-Q1-2014.jpg" alt="" width="285" height="413"></a>
The full rankings and analysis is at <a href="https://my.knightfrank.com/research-reports/prime-global-cities-index.aspx" target="_blank" title="Prime Global Cities Index" style="line-height: 1.3em;">The Prime Global Cities Index</a>.
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Sydney squeezed in-between London and Vancouver price growth: Knight Frank global cities index

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Jon Aisbitt, the London-based former Goldman Sachs Australia boss, sits in equal last place on the latest Sunday Times Richest 1000 list. 
His net worth was down £40 million.
Aisbtt was in equal 989th place this year with an £85 million worth.
Aisbitt was in 631st place last year. The list, now in its 26th year, was released on Sunday.
Aisbitt, 57, made £50 million from Goldman Sachs' 1999 float, and £15 million from share sales until he left the merchant bank in 2002.
It was also 2002 when the London-bound departing Goldman Sachs co-chairman, Jon Aisbitt, and his wife, Julie, secured $13.5 million for their Wunulla Road house, Point Piper harbour front house.
It was renovated after its $9.6 million sale in 1999 by the architect Luigi Rosselli. The house was built for the Rose family in the early 1960s by architect Adrian Snodgrass, who was influenced by the Wrightian style of the Sydney School of Architecture.
Aisbitt, ranked 368 in The Sunday Times' 2002 Rich List with a £98 million net worth.
The Sunday Times doesn't explain the drop in his net worth, but says Aisbitt's investments in Ocean Rig, the deepwater drilling operator, and broker Redburn Partners netted him £55 million.
 He has a £1.8 million holding in the Man hedge fund business that he chairs. 
In this role, Aisbitt oversees the operation's own charitable arm, the Man Group plc Charitable Trust which supports disadvantaged children through community projects, literacy and numeracy support and university scholarships, as well as supporting causes tackling domestic violence, homelessness, mental health and the environment. 
Last year, it gave £1.85m and received another £1.115m in donations and other income for future spending. 
Back in 1999 I wrote the $10 billion Goldman Sachs employee goodwill bonus - given when the company listed on the New York stock exchange in April 1999 - had been a goldmine for Point Piperites, the Goldman co-chairman Jon Aisbitt having only recently arrived, temporarily drawing the drapes at his Wiversfield, Sussex, residence, Launces Hall Church.
Aisbitt bought in Point Piper right opposite his short-lived Goldman co-chairman Malcolm Turnbull, whose Australian outfit had then reported a 70% jump in its annual operating revenue to $15.2 million.
Title Tattle recalls proximity to Goldman co-chairman Malcolm Turnbull's mansion, Le Gai Soleil hadn't been a priority, given co-chairmanship inevitably is a role that can lead to the odd tension.
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Jon Aisbitt almost drops off latest Sunday Times Richest 1000 list

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Seumas Dawes, the London-based Australian merchant banker, sits in equal 739th place with a £124 million net worth on the latest Sunday Times Richest 1000 list. His net worth was up £34 million.
Dawes was in 859th place last year and 821st in the 2012 list. The list, now in its 26th year, was released on Sunday.
Dawes, currently the chairman of the investment committee at Pepper Investment Management, has been the long time senior funds manager at Ashmore, and before that at Paribas and ANX Investment.
It was previously reported that Dawes, 56, sold £17 million of Ashmore shares and retained a stake worth £75 million in 2006.
Dawes has also held a number of positions in the Australian public sector including three years as a senior advisor to Paul Keating, the then treasurer of Australia.
Last month, the non-bank lender Pepper raised the equivalent of $500 million through the sale of non-conforming residential mortgage-backed bonds, the largest deal of its kind since the financial crisis. Non-conforming loans are the Australian equivalent of sub-prime loans.
The Australian Financial Review reported that Pepper paid just 1.10 percentage points over the bank rate for the $136 million of AAA-rated A1 notes and 0.35 of a percentage point above the London interbank offered rate to place $US200 million of short-term notes with US and European money investors. Seven international and 14 domestic investors bought the bonds with low levels of Australian defaults supporting the sale of residential mortgage backed securities.
<a href="/news/a-cut-above-the-rest-the-era-of-sydney-mega-mansions-far-from-over-title-tattle">Property Observer reported in February last year</a> that Dawes had poured some of his net worth into a serious Bronte acquisition.
The funds manager and his wife Rosemary initially spent $12.3 million for a large, modern three-storey residence in 2006.
Unquestionably one of the most expensive coastal suburbs in Sydney's east, the <a href="/developments/bronte-nsw-2024">Bronte </a>property sits along the exclusive strip known as The Cutting.
<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/stories/2013/02/bronte1.jpg" alt="bronte1">
It was a modern five-bedroom residence on the ocean side of Bronte Road overlooking the beach and ocean.
Then last year, the couple splashed out with the $16.5 million purchase of the neighbouring house (pictured below), which they're set to bulldoze to expand their garden and garaging in grounds prepared by Formed Gardens.
The new works, which include gym and cabana, improve the neighbouring contemporary houses's north eastern aspect. Apparently it's only going to cost $846,000, which will take the spend to $29.6 million.
<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/stories/2013/02/bronte3.jpg" alt="bronte3">
Dawes once had an abode in Potts Point's landmark complex, Wyldefel Gardens.
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