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>

Joel Robinson

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

Local Little Bay residents, along with buyers from premium postcodes across Sydney’s affluent Eastern Suburbs, have dominated purchases in developer-builder Urban Property Group’s first Eastern Suburbs apartment development, <a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a>.

The $250 million coastal project, one of the first new developments in the area in several years, has proven particularly popular with downsizers, especially those from Coogee and Bondi. One Double Bay downsizer paid $4.7 million for a four-bedroom penthouse, setting a new local apartment price record in the process.

Buyers have been attracted to the combination of coastal tranquillity, premium design and amenity-rich neighbourhood living. The walkable village setting, along with proximity to three of Sydney’s leading golf courses, New South Wales Golf Club, St Michael’s Golf Club and The Coast Golf Club, has also been a key drawcard.

[smartcode_project:default project_id=112343 project_image_fid=352689]

Built across two low-rise buildings designed by <a href="https://www.apartments.com.au/architects/hill-thalis-architecture-urban-projects-pty-ltd">Hill Thalis</a> and set along a lush, landscaped green spine, designed by leading landscape architect <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, ESTE Little Bay offers a collection of one, two, three and four-bedroom residences with interiors by Richards Stanisich.

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> Sales Director, Tom McIvor said the response to ESTE has been "nothing short of extraordinary."

“Buyers have been quick to recognise ESTE as a rare opportunity to invest in a coastal sanctuary that offers both seclusion and connectivity to the heart of Sydney,” McIvor said.

[smartcode_project:default project_id=112343 project_image_fid=352687]

<a href="https://www.apartments.com.au/project-marketer/srm-residential">SRM Residential</a> Senior Director, <a href="https://www.apartments.com.au/project-marketer/srm-residential">Clayton Ross</a> said the local market has responded incredibly well, driven by ESTE’s exceptional location and the rarity it offers.

“We’ve seen strong interest from a variety of buyer groups, all of whom are drawn to the exclusivity and quality of the build and construction by the 4.5-star iCIRT-rated builder / developer, Urban Property Group. There’s truly nothing else like it along Sydney’s coastline.”

[smartcode_project:default project_id=112343 project_image_fid=352690]

The project also includes robust buyer protections, including Resilience Insurance’s Latent Defects Insurance, providing 10 years of structural cover, and an independent iCIRT-rating of the developer.

“The iCIRT-rating adds another layer of confidence,” Ross added. “Buyers see it as a safeguard for their investment and their lifestyle.” A highlight of ESTE’s offering is its exclusive wellness amenities, including a heated rooftop infinity pool and outdoor heated spa, a state-of-the-art Technogym fitness centre, and a sauna.

<a href="https://www.apartments.com.au/new-apartments/este-little-bay-jennifer-street-little-bay-nsw-2036">ESTE Little Bay</a> is topped out and is on track to complete towards the end of 2026, with residents moving in before Christmas.

[smartcode_project_cta:default project_id=112343]

Eastern Suburbs buyers snap up ESTE Little Bay apartments

Ipswich

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The St Ives Shopping Centre in East Ipswich, southwest of Brisbane, has sold to the Sydney-based Mintus for $30,450,000.
The deal, negotiated by Savills agents Peter and Jon Tyson in conjunction with Shane Sax of Pace Property, included six adjacent properties.
The 38,200 square metre shopping centre with parking for over 500 cars includes a Woolworths as well as food outlets including Domino's, Red Rooster and Subway.
There are 49 speciality tenants in total.
Jon Tyson said that the sale followed an expressions of interest campaign conducted late last year.
"The centre attracted strong interest from the market. The sale was well contested resulting in multiple bids, primarily from private investors," he said.
The main centre was marketed with six adjoining properties included an 11 shop strip retail centre, two freestanding commercial buildings, two vacant mixed use development sites and a vacant house, each on separate titles.
The combined sites total over 6.25 hectares, situated alongside the Ipswich Motorway in Brisbane's western growth corridor. The Woolworths Supermarket is the only full line supermarket in an expansive trade area.
Peter Tyson said that the St Ives Shopping Centre and the adjoining holdings were amalgamated over many years.
“The Centre has been tightly held with the transaction following over two decades of ownership by the same group," Tyson said.
"Buyers were attracted to the value-add potential of the large scale land holding which featured significant embedded real estate value and a flexible "Major Centres" zoning which allows for mixed use development up to 12 storeys.”
Mintus director Mel Hazzouri said that the St Ives Shopping Centre and its land holding was the perfect fit for their portfolio.  
“The centre allows for plenty of value add and redevelopment for the future. We look forward to significantly adding value in the short term, working with the retailers and the community to bring St Ives back to its full potential,” Hazzouri said
“The market is showing ongoing demand in early 2018, with tighter stock levels expected to ensure competition from cashed up investors and drive momentum well into the New Year,” Tyson said.
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jonathanchancellor-7SQnKwU6yx

East Ipswich shopping centre sells for over $30 million

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Last weekend's Ipswich offering of 38 Bassett Lane, Rosewood was the nation's cheapest capital city result.
The <a href="https://www.realestate.com.au/property-house-qld-rosewood-127285694" target="_blank">38 Bassett Lane</a> five bedroom house on 1320 sqm sold for $200,000.
It had traded at $315,000 in pre-gfc 2008.
Vacant land nearby sold at $160,000 recently, just $100 more than its $159,900 in 2010 for the 850 sqm 48 Upper John Street offering.
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j.ballantyne1990-6AQqhLzZaK

Nations cheapest auction sale goes backwards in price

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When compared to Brisbane, Ipswich is relatively affordable, according to Herron Todd White’s latest July report.
The property data firm says that $500,000 can buy you property in a well established Ipswich area.
“Ipswich is a relatively affordable market, particularly in comparison to nearby Brisbane, therefore a lazy half million could buy you a semi renovated character style home in an established area of Ipswich or a modern house and land package on circa 500 square metres in a new estate.
“However we would be more inclined to seek the larger block of land with the character home in the established older suburb of Ipswich as the better performing property in the region.
“At this price point you could afford to purchase two properties in the Ipswich area, however a single property of the highest quality possible is more desirable, with features such as large land and character style home.
“This price point is likely to remain relatively stagnant in the short to medium term in line with the broader market for Brisbane.
“The market remains relatively affordable with rental returns in the order of 5% gross.
“Should there be improvement in interstate migration, this could in turn have a positive impact on the Ipswich market.
“A newly renovated four bedroom house at <a href="https://www.realestate.com.au/property-house-qld-brassall-125908930" target="_blank">76 Bradfield Drive</a>, Brassall (above) has been listed for $549,000.
“Built in 1996 it was last sold in 2013 for $469,000 while the land was sold in 1995 for $43,000.
“Similarly a newly renovated four bedroom house at <a href="https://www.realestate.com.au/property-house-qld-camira-125538654" target="_blank">102 Meier Road</a>, Camira (below) has been listed for $569,000.
It was last sold in 2004 for $215,000,” the report stated.
<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/2017/07/11/102%20Meier%20Road.jpg" alt="">
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Ipswich more affordable than Brisbane: HTW

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Renovation flipping in Ipswich property market is not a dominating factor, according to Herron Todd White’s (HTW) latest report.
The property investment firm says that owner-occupiers make up the majority of renovators.
“The renovation revolution is an element of the Ipswich property market, however by no means a dominant activity,” the report stated.
“The majority of renovators are owner-occupiers.
“Ipswich is a price sensitive market and accordingly home owners should be very mindful of expenditure versus added value.
“For that reason the majority of renovations in this location are limited to painting, a new bathroom, new kitchen and floor coverings.
“With the low price point of units in the Ipswich market, it is somewhat difficult to undertake renovation projects with a view to capitalising on works completed.”
HTW comments that popular and highly regarded areas are where renovations are more likely to occur.
“The suburbs of Ipswich that contain a number of character dwellings are typically the most popular and more highly regarded areas in which to undertake renovations,” the report commented.
“These include Woodend, Saddliers Crossing, East Ipswich, Newtown and Ipswich Central.”
Presentation of the property are the primary aim of renovations HTW says.
“The most prudent approach is to undertake renovations that enhance the presentation of the property,” the report advised.
“For example some minor carpentry work and painting can convert a residence with enclosed verandah to something that resembles a typical character dwelling that is very welcoming and has enhanced street appeal.
“Painting throughout, floor coverings and modern kitchen and bathrooms are always the best for achieving capital value improvement.
“We would however recommend staying away from locations that do not typically attract renovators and that generally comprise dated or original housing.
“It is difficult to achieve top price for your renovated property when so many around you are well below the standard. This often leads to over capitalising.
“The most important component of buying and renovating, particularly in a price sensitive area such as Ipswich, is the purchase price.
“Astute buying is so often where risk can be somewhat nullified to place yourself in the best possible position.”
A renovation-ready two bedroom house at <a href="https://www.realestate.com.au/property-house-qld-east+ipswich-124689670" target="_blank">49 Blackall Street</a>, East Ipswich (above) has been listed for $209,000.
Similarly a four bedroom ready for renovation at <a href="https://www.realestate.com.au/property-house-qld-woodend-125707854" target="_blank">8 Pryde Street</a>, Woodend (below) has been listed for sale.
<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/2017/06/20/8%20Pryde%20Street.jpg" alt="">
A three bedroom Queenslander, <a href="https://www.domain.com.au/31-salisbury-road-ipswich-qld-4305-2013626041" target="_blank">31 Salisbury Road, Ipswich</a> (below) is on the market with expectations above $455,000.
<img src="https://www.urban.com.au/images/2017/06/23/Screen%20Shot%202017-06-23%20at%2010.26.06%20AM.png" alt="">
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Majority of Ipswich renovators are owner-occupiers: HTW

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The first stage of a $180 million master-planned residential village in the rapidly growing Ripley Valley region in the Ipswich growth corridor of South East Queensland has attracted strong demand, with more than 50 percent of lots already under contract.
Monterea Ripley residential village is the newest land release and will feature 900 home sites on a land area of approximately 146 acres within the picturesque Ripley Valley.
Ray White Land Marketing Director Jamie Martin said significant sales have been achieved in the first stage of the project, with particularly strong interest from local buyers.
“The enthusiasm for Monterea Ripley has been very pleasing and we have already sold more than 50 per cent of the 53 lots available,” Mr Martin said.
“The land prices start from $166,000 and lots range in size from 300 sqm to 523 sqm. We have had keen interest from local buyers, especially first home buyers wanting to secure the $20,000 first home buyers grant before the June 30 deadline.
“Buyers were asking for a value proposition and Monterea Ripley has answered by giving buyers a good range of lot sizes and affordability in the Ripley Valley.”
Mr Martin said stage two of the development is about to commence construction of another 53 lots, while a new five-acre parkland is nearing completion.
The park will be known as John Michels Reserve and will feature lush corridors of over 30,000 new plantings.
“Monterea Ripley's Green Space Master Plan will dedicate more than 22 acres to green open space,” he said.
“The market appetite for affordable lots in a high-quality master-planned village which features large areas of parklands, close to recreational and retail amenities including sporting ovals, supermarket, cafes and retail specialities has been a major attraction for buyers.”
Latest data from the Queensland Statisticians Office for the year to September 2016 has identified the Ipswich City region as having a record 1,813 vacant lot sales.
“Values achieved have shown considerable uplift growing 5.50 per cent over this last year on a per sqm basis although keeping an affordable median of $195,000,” Mr Martin said.
“The region also boasts its highest lot registrations on record over this 12-month period with a total of 2,504 standard lots, which highlights the ongoing demand in this location.
There is a strong pipeline of supply which will assist in keeping affordability in check with this annual period (to September 2016) recording an additional 3,188 lots approved across 96 projects, bringing the total closing stock level for Ipswich City at 15,270 lots.”
Monterea Ripley forms an integral part of the Monterea Neighbourhood Village and will be located directly next door to a proposed 8,000 sqm shopping centre including a major supermarket, speciality retail shops and commercial precinct with a total of 636 car parks.
About 120,000 people are expected to call the Ripley Valley home over the next 20 years and construction is underway on the $1.5 billion Ripley Town Centre.
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Strong demand for Monterea Ripley

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The Gold Coast sits at the peak of the market on the unit property clock, according to Herron Todd White’s latest report.
The property valuation firm says there are also five other locations at their peak.
<a href="https://www.propertyobserver.com.au/images/2017/05/03/Screen%20Shot%202017-05-03%20at%201.30.35%20pm.jpg" target="_blank">Click 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/2017/05/19/rsz_propertyclock.jpg" alt="">
Sydney is a rising once again.
Meanwhile Melbourne, Coffs Harbour and the Gold Coast remain at their peak.
Last month Property Observer reported on Sydney joining Melbourne at the peak of the housing market.
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The Gold Coast new apartment market recorded 255 unconditional sales in the March 2017 quarter, according to the latest research by property consultants Urbis.
It was a decline on the previous quarter’s sales,  Urbis Senior Consultant Lynda Campbell noted.
She added the Gold Coast apartment market was no longer centred on beach front locations.
“Coastal Fringe suburbs such as Robina, Varsity Lakes, Ashmore and Benowa offer buyers easy access to transport and amenity including shopping centres, university, hospitals – all within easy reach of the beaches the Gold Coast is famous for. On top of that, the lower price point makes this precinct very attractive for both investors and owner occupiers.”
The Gold Coast weighted average sale price across the four precincts decreased by $21,752 from the previous quarter, registering $632,171 – however annually a price increase of 5.9 per cent was recorded.
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“The Coastal Fringe Precinct recorded the lowest weighted average sale price at $473,165, highlighting its affordability and boosting sales in the area,” Ms Campbell said.
For the fifth time in two years the Coastal Fringe Precinct has been the highest performer.
In the March 2017 quarter, 113 sales were recorded in the Coastal Fringe Precinct – this is 44 per cent of total sales.
As well as a move away from the traditionally beach front located high rise precincts, this quarter saw medium rise projects dominate, with medium rise sales out-performing high rise sales by 25 per cent. Sixty-two per cent of medium rise projects are in the Coastal Fringe Precinct.
Only 1,373 apartments remain available for sale at the end of March 2017, which equates to one year’s supply at the current annual sales rate.
“The Gold Coast apartment market is maintaining a good balance of supply and demand,” Ms Campbell said.
“In the March 2017 quarter, four new projects were launched and four projects sold out.”
Once again, two-bedroom apartments dominated the market, making up 74 per cent of total sales, she noted.
The proportion of three-bedroom-plus product dropped to 13 per cent of total sales – equalling one-bedroom product sales.
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Gold Coast apartment market peaking: May HTW Clock

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House and land packages at Sovereign Pocket, Deebing Heights, 10 minutes from Ipswich CBD, are on the market from between $150,900-$472,900.
The Stockland development has a range of land sizes available over 700sqm.
Surrounded by homes built by Queensland’s best builders residents will be able to enjoy the central park, its play equipment and BBQ facilities.
Great shopping and public transport are just around the corner.
Six homes, such as the one above, have already been built and are available on the on-site display village.
One home, <a href="https://www.realestate.com.au/property-house-qld-deebing+heights-124362482" target="_blank">50 Currawong St Deebing Heights</a> (above), is built by Bold and is on 498 sqm. It is on the market for $449,000.
Lot 557, Gem 138, is a <a href="https://www.realestate.com.au/property-house-qld-deebing+heights-124886890" target="_blank">three bedroom home</a> (below) on 280sqm and is on the market for $328,917.
<img src="https://www.urban.com.au/images/2017/03/3/Screen%20Shot%202017-03-03%20at%208.15.17%20AM.png" alt="">
CorelLogic estimate the median price of a home in Deebing Heights in 2016 was $385,000.
For more information, <a href="https://www.stockland.com.au/residential/qld/sovereign-pocket/life-at-sovereign-pocket" target="_blank">click here</a>.
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Affordable house and land in Deebing Heights now available

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Newly unveiled plans for Bellbird Park’s first off-lead dog park in AVID Property Group’s Brentwood Forest will have tails unanimously wagging across the Greater Springfield and Ipswich regions.
The 1,600 square metre, fully-fenced puppy friendly space, to be completed late-2017, will form part of the new 1.3 hectare park being delivered by AVID Property Group and will be one of the largest off-lead dog parks in the Greater Springfield and Ipswich regions.
AVID general manager Bruce Harper said Ipswich City Council was supportive of AVID’s plans for the park.
“Council has been extremely supportive of our plans for the park as they understand the significant health, social and economic benefits dog parks like this one bring,” he said.
“The park will help cater for the needs of the more than 28,000 registered dogs in the region, and with only 14 other off-lead dog parks in the Ipswich local government area, we expect the park will be welcomed by pet loving locals.”
<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/2017/02/23/Dog%20Park%20Render%202.jpg" alt="">
“The community will also be able to access a range of sports, fitness and kids play facilities that will form part of the new broader $1.2 million dollar park planned for Brentwood Forest.”
The park will be located on the doorstep of approximately 1,200 residents already living at Brentwood Forest.
Brentwood Forest’s latest Magpie land release includes blocks with sizes ranging from an easy care 250 square metre to 563 square metre family sized blocks.
The latest Tempo Living house and land release offers architecturally designed homes as turnkey packages at fixed prices.
Land prices at Brentwood start from just $169,000 while Tempo Living house and land packages start from just $302,215.
Brentwood Forest is also home to newly opened high school - Bellbird Park State Secondary College - and has also welcomed plans for a proposed new child care centre within the community, expected to open in late-2017.
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Brentwood Forest to become home to Bellbird Park’s first off-lead dog park

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A shortage of land in Queensland continues to fuel strong buyer interest in new residential communities.
Some $14 million in contracts were secured recently at the Waterlea Walloon community near Ipswich.
The $350 million, 1,500-lot masterplanned community was launched on November 4.
It has now sold more than 90 lots.
Waterlea Development Manager Andrew Cook said the initial demand for the community had been overwhelming with strong interest from the local Walloon community and wider Ipswich area.
“Families have been drawn to the large blocks at Walloon where the average lot size is more than 680 sqm,” he said. 
A full suite of transport, employment, local shopping, restaurants and lifestyle pursuits are offered at the established town of Walloon, he said.
<img src="/images/2016/11/23/Waterlea%20-%20District%20Park.jpg" alt="">
Waterlea is being marketed by leading property services group Oliver Hume.
Oliver Hume Joint Managing Director Queensland Brinton Keath said the bulk of early sales at the estate were the result of substantial interest from local buyers.
Ipswich Mayor Paul Pisasale launched Waterlea Walloon.
<img src="/images/2016/11/23/Waterlea%20-%20Wide%20Angle%20Aerial.jpg" alt="">
The community is located 10 minutes from RAAF Base Amberley which is set to undergo a $1.5 billion upgrade.
The first precinct of Waterlea Walloon, consisting of 300 homes, will be complete by the end of next year, with the next 1,200 lots to be rolled out over the next five years.
Waterlea is located on Rohl Rd, Walloon, and is open for inspection daily from 10am-5pm. Visit <a href="https://www.waterlea.com.au" target="_blank">www.waterlea.com.au</a>.
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New Ipswich community Waterlea Walloon locks in $14 million of sales

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Private property group Citimark has broken ground  on its landmark $85 million Silkstone urban renewal project in Ipswich.
The 14-hectare site, located just 2km from the Ipswich CBD, will comprise a shopping centre, an affordable residential community and parkland.
More than 75 percent of the first residential stage has sold since Citimark secured development approval earlier this year.
Citimark joint managing director Angus Johnson said the start of construction this month represented an exciting milestone for the project.
“Following months of preparation we’ve begun the construction phase on what is one of the most significant residential projects underway in Silkstone,” he said.
“It is a key part of the suburb’s wider rejuvenation and transformation.”  
The community will boast a 4,950sqm state-of-the-art neighborhood shopping centre, a 140-lot housing subdivision, known as Silkstone Residences and six hectares of parkland and sporting grounds, which will be returned to the community as part of the development.
Builders Urbane Homes and QNV Constructions have been appointed to construct the residential element, with Hutchinson Builders awarded the shopping centre contract.
Mr Johnson said the combination of a quality development, convenience and attractive price point was a major draw card for discerning buyers.
“There has been strong pre-sales from local buyers, he said.
 “Silkstone Residences is affordably priced with a high standard of fixtures and finishes that are unparalleled by other developments in the area.
 “The project’s premium location and its proximity to amenities and transport have resonated with buyers.”
The shopping centre will have a 4200sqm full-line Coles supermarket with on-grade parking for 275 vehicles.
The centre will also comprise a mall, food court and central garden-themed atrium, with its fit-out to reflect the heritage of the suburb, designed by award-winning architects Cottee Parker. 
Silkstone Residences will feature 91 traditional houses and 49 terrace homes on lots ranging in size from 185sqm to 500sqm.
All of the homes and terraces will have four bedrooms, two bathrooms and include air conditioning, alfresco verandas, stone benchtops and double lock-up garages, with house and land packages starting from $329,000.
The community will feature tree-lined streets, significant landscaping incorporating native trees, and sweeping parkland views.
For more information <a href="https://citimark.com.au/projects/silkstone-residences-prj-39" target="_blank">click here</a>.
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