Australia’s housing debate has rarely been more urgent. The National Housing Supply and Affordability Council forecasts the country could fall around 262,000 homes short of housing needs by 2029, underscoring the scale of the challenge facing planners, governments and developers.

In response, much of the conversation has centred on high-density towers around transport corridors and strategic centres.

Diversified developer Coronation Property, while also focused on well-located, strategic sites, is incorporating an arguably underutilised typology, the terrace.

Difficult to integrate into true high-rise developments, terraces have become a defining feature of Coronation’s lower-rise portfolio, including projects in Ashbury and Erskineville. <a href="https://www.apartments.com.au/buildings/ashbury-terraces-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a> places a stronger emphasis on this housing type, forming part of a broader community mix.

At its Erskineville development, <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, terraces are more limited, with just a handful&nbsp;included within the wider, predominantly apartment-led precinct, one of the first developments to launch in Erskineville in several years.

[smartcode_project:default project_id=135149 project_image_fid=368392]

Terrace residents at Lillian benefit from many of the same advantages as apartment owners, the lock-up-and-leave lifestyle and access to shared amenities like the rooftop wellness space, but with significantly more space.

Spanning multiple levels, the terraces also feature front and rear courtyards, providing direct access to the central landscaped gardens within the precinct.

<h3 data-end="212" data-section-id="1n97jye" data-start="191">The terrace model</h3>

Terrace housing has long been part of Australia’s urban fabric. From Paddington and Surry Hills to Glebe and Annandale, rows of terrace homes have shaped neighbourhood streets, offering a housing form that sits between detached houses and apartments.

The contemporary terrace, however, addresses many of the limitations of older designs, where narrow staircases and constrained layouts often compromised liveability.

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“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

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<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

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<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

Joel Robinson

Coronation champions terraces as a key piece of Sydney’s housing mix

Private equity real estate firm Conquest has entered into a $220 million partnership with Woolworths’ development arm, Fabcot, to deliver its long-awaited Waterloo project on Bourke Street.

The Bourke Street development was first flagged by Fabcot back in 2021 as part of its push into Sydney’s residential market. However, progress has since stalled, with no activity on site amid a number of design revisions in consultation with the City of Sydney.

<a href="https://www.apartments.com.au/developers/conquest">Conquest</a>, which is actively planning more than $6 billion worth of new developments, predominantly mixed-use precincts, is now set to move the project forward.

The current plans include between 110 and 120 apartments across two buildings designed by Bates Smart at <a href="https://www.apartments.com.au/new-apartments/923-935-bourke-street-waterloo-nsw-2017">923 Bourke Street</a>. The scheme will incorporate a portion of apartments reserved for key workers, alongside premium commercial space at ground level, including a full-line Woolworths supermarket.

Construction is expected to commence in the second half of 2026.

Michael&nbsp;Akaawi, CEO of Conquest, said the partnership reflects the firm’s commitment to "convenience-led" urban renewal."

"We are preparing to commence construction in the second half of this year," Akaawi says.

"Along with Woolworths, we look forward to delivering the first major supermarket to the growing Waterloo community, integrated with premium new apartments and specialty retail shops. Our focus is on creating a seamless lifestyle hub where essential services are at the doorstep, saving residents time and enhancing their quality of life."&nbsp;

<img alt="Conquest" data-entity-type="file" data-entity-uuid="d8beee83-ef9b-446b-a3b3-1e2fe596512b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-01%20at%2011.08.46%E2%80%AFAM.png?VersionId=raYhGepiLUJfx4InLPRRJduA3ftDJ_kS" />

The news comes just a week after Conquest went to the NSW Government to upsize its plans for Castlecrag's Quadrangle Shopping Centre.

Conquest purchased the site for just shy of $70 million last year, with existing plans in place for a mixed-use residential and retail precinct comprising 38 luxury apartments.

Those plans have now been significantly expanded, with the developer lodging a State Significant Development Application with the NSW Government’s Housing Delivery Authority for 150 apartments across two 11-storey buildings. The apartments will sit above a four-storey podium, incorporating specialty retail tenancies and five levels of basement car parking, on the 5,166 sqm site at&nbsp;<a href="https://www.apartments.com.au/new-apartments/100-edinburgh-road-castlecrag-nsw-2068">100 Edinburgh Road</a>.

Conquest has been increasingly active in the development space in recent years. The group acquired the&nbsp;<a href="https://www.apartments.com.au/developments/eastlakes-nsw-2018">Eastlakes</a>&nbsp;Shopping Centre redevelopment, where it plans to deliver more than 1,000 apartments above a new retail precinct, and has also lodged a $900 million State Significant Development Application for a&nbsp;<a href="https://www.apartments.com.au/news/nsw/conquest-unveils-900m-stanmore-village-vision-for-landmark-inner-west-site">mixed-use precinct in Stanmore</a>.

Conquest partners with Woolworths to deliver mixed-use Waterloo project

A shift away from Sydney’s industrial past has left parts of the inner south defined by contrast, brick warehouses repurposed into dining precincts, former factory streets softened by landscaping and pedestrian activity.

Rosebery is one of those suburbs. Over the past decade, it has undergone significant gentrification, anchored by The Cannery, which has helped reposition the area as one of the inner city’s most sought-after lifestyle pockets.

What hasn’t kept pace with that transformation is new residential supply, which has remained relatively limited. Builder-developer Deicorp identified that gap early, securing a site in 2019 and delivering what is now one of the suburb’s most architecturally distinctive developments.

To realise the vision, Deicorp engaged Candalepas Associates to design The Rothschild, a project that is immediately recognisable from the street.

Completed in 2025, The Rothschild comprises two buildings across Rothschild and Mentmore Avenues, delivering 176 apartments. The development replaces a former industrial site, retaining a material and structural dialogue with its past while introducing a more resolved residential framework. The scale is deliberate but not monolithic, broken into forms that engage both street frontages, with retail at ground level and two levels of basement parking below.

[smartcode_project:default project_id=106843 project_image_fid=221665]

From the street, the architectural intent is clear. Off-form concrete columns run through the façade, establishing a repeated structural rhythm that gives the building its visual weight. These are paired with deep-set arches and sections of exposed brickwork, creating a layered elevation that reads less like a typical apartment block and more like a reinterpretation of industrial architecture.

The material palette is intentionally restrained, with concrete left exposed and brick used to define mass rather than decoration. The result is a building that stands out through proportion and repetition, rather than height or glazing.

This approach continues internally. A central landscaped courtyard sits between the two buildings, anchored by an olive grove that acts as both a visual and spatial focal point. Rather than functioning as residual space, the courtyard is designed as a shared ground plane, where circulation paths, seating areas and planting come together to create a usable communal environment. Its positioning allows natural light to penetrate deep into the site while maintaining separation between residences.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Within the apartments, the planning follows a clear and functional logic. Entry points lead directly into open-plan living areas, with kitchens positioned as central elements alongside dining and lounge spaces. These zones extend to balconies or external openings, maintaining a visual connection to either the courtyard or the street.

Kitchens prioritise practicality, with generous bench space, ample storage and European appliances configured for everyday use. Bedrooms are typically set back from the main living areas, creating quieter zones within each residence, with separation achieved through layout rather than material change. Bathrooms are compact but efficient, incorporating mirrored cabinetry and integrated storage to maximise space. Across all residences, the emphasis is on clarity of movement and functional planning.

[smartcode_project:default project_id=106843 project_image_fid=221669]

At ground level, retail and hospitality uses extend the building’s presence beyond its residential function. A café or restaurant space, alongside communal amenities such as a music room and rooftop areas, positions the development as part of a broader urban network rather than a standalone project. These shared spaces reinforce a lifestyle where the building operates as an extension of the surrounding neighbourhood.

Rosebery’s proximity to Green Square, The Cannery and nearby parklands supports this model of living, where much of daily life is within walking distance. The Rothschild sits comfortably within that network, contributing to the streetscape through its distinctive architecture, while internally organising space around light, structure and communal use.

The Rothschild is now complete and ready to move in, with limited residences remaining.

[smartcode_project_cta:default project_id=106843]

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

KTQ has unveiled&nbsp;<a href="https://www.apartments.com.au/new-apartments/casilia-16-marine-parade-coolangatta-qld-4225">Casilia</a>, the final residential release within the Kirra Point precinct which really kicked off the boom in the area back in 2019.

The final stage comprises&nbsp;87 residences and marks the culmination of a long-term, family-led vision for Kirra Point, as the precinct moves toward completion in tandem with the development.

Around $100 million in sales have been achieved already, close to 35 per cent of the residences secured ahead of launch. There have been a significant number of buyers returning from the first stage of the development, Miles Residences, securing another property within Kirra Point.

[smartcode_project:default project_id=152295 project_image_fid=368410]

Selling agent Tim Keenan from Keenan Byrne said the response reflects both the scarcity of the offering and Kirra’s growing reputation as a premium coastal market.

“This is effectively Kirra’s final act, the last release within what has become one of the Southern Gold Coast’s most tightly held beachfront precincts,” Keenan said.

“We’ve seen exceptionally strong pre-sale interest, from VIP waitlists through to off-market enquiry, which speaks to both the quality of the product and the confidence buyers have in the precinct. What’s particularly compelling is the number of buyers returning from Miles, either upgrading or investing again, which is a strong signal of how the precinct has been received."

Keenan adds that at the same time, north-facing beachfront remains exceptionally rare in Australia, limited to places like Noosa, Byron and Kirra, which is underpinning long-term value.

[smartcode_project:default project_id=152295 project_image_fid=368415]

Positioned along one of Australia’s few true north-facing beaches, Casilia offers a mix of two and three-bedroom residences with pricing ranging from $1.87 million to $7.15 million and two exclusive penthouses. Residences are oriented to capture varying outlooks, from uninterrupted Pacific Ocean views across Kirra Beach to hinterland vistas, with upper levels and shared amenity taking in sweeping perspectives along the Gold Coast coastline.

At rooftop level, a north-facing pool deck captures expansive, uninterrupted views over Kirra Beach and north towards Surface Paradise. The space incorporates a heated resort-style pool, mineral spa, sun lounges and a covered BBQ cantina.

Buyer profiles are broad, typically aged between 40 and 70, with a strong skew toward second-home ownership, drawn by a combination of lifestyle, relative value, proximity to Gold Coast Airport and lower congestion compared to more established markets such as Byron Bay and Noosa.

[smartcode_project:default project_id=152295 project_image_fid=368414]

The project is being delivered by <a href="https://www.apartments.com.au/developers/ktq-group">KTQ Group</a>, a family-owned Australian property group with a diverse portfolio spanning residential, hospitality and commercial developments. The group has delivered a number of notable projects across sectors, including the award-winning Elements of Byron resort, demonstrating its depth of experience across both hospitality and residential development.

Known for its long-term approach to place-making, KTQ Group retains a vested interest in its projects, often holding assets within its portfolio, which has also helped build trust among buyers and reinforced confidence in both the vision and delivery certainty of the precinct.

“Casilia represents the final opportunity to secure a residence within Kirra Point and brings to market the last release within our long-term vision for the precinct," KTQ Group's Jeremy Holmes said.

"Kirra Point has been more than a decade in the making, and that timeframe reflects the care behind each decision, it takes listening, balance and vision to arrive at something that feels right for the location.

“Our approach has always been to deliver Kirra Point as a destination in its own right, a connected coastal neighbourhood integrating residential, hospitality and wellness, rather than a standalone project. It’s a vision that respects place, pace and permanence, and contributes to a sense of community that feels authentic to Kirra.”

[smartcode_project:default project_id=152295 project_image_fid=368411]

Once complete, the Kirra Point masterplan will incorporate a mix of dining establishments, bars and cafés, alongside the Kirra Point Health Club and a future 91-room independent resort hotel, creating a walkable, integrated lifestyle precinct.

Architecutue and interiors at Casilia have been designed by the experienced design houses of <a href="https://www.apartments.com.au/architects/little-boat-projects">Little Boat Projects</a> and O’Neil Architecture &amp; Interior Design, The design moves beyond the conventional coastal apartments, instead taking cues &nbsp;from the surrounding landscape - layering natural materials, soft curves and warm textures to create spaces that respond to light, airflow and the rhythms of coastal living.

Residences are designed with an array of floorplates, generous proportions and intuitive flow, while at ground level Casilia connects into the broader precinct, where future laneways, retail and hospitality offerings will contribute to a neighbourhood defined as much by how people live day-to-day as its beachfront position.

[smartcode_project_cta:default project_id=152295]

The final residential release within the Kirra Point masterplan is set to launch, as strong pre-sales signal sustained demand for the Southern Gold Coast

A decade in the making: KTQ launches Casilia at Kirra Point

South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

Lake Macquarie

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A luxury waterfront home on Lake Macquarie has hit the market. The home was obviously inspired by architect Mies van der Rohe’s Farnsworth House in Illinois, US.
The four-bedroom, three-bathroom home, located at Eraring, is ­expected to sell for $2 million.
Situated on more than 9000sqm, the home exudes a sleek luxury resort minimalism feel, with floor-to-ceiling windows, entertaining deck and pool.
The vendors are theatre production designer Mark Thompson and Kerry Crawford, the CEO of arts and disability organisation Accessible Arts.
Their building block was purchased in 1995 for $225,000, with the grounds including an artist studio where Thompson has painted. In 2009, he was an Archibald finalist for his portrait of actor Greta Scacchi.
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McGrath Toukley agents Chris Smith and Mitchell Thomas have scheduled the auction for October 17.
The house is located on the ­western shore of Lake Macquarie and north of the town of Morisset.
Smith last month secured a $6 million Eraring sale when Mandalay, the luxury six-bedroom, six bathroom home, with 14-car garage, ­attracted six registered bidders mainly out of Sydney. A Sydney businessman secured it as a weekender.
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Mandalay, which sits on 2.7ha on the tip of the peninsula with 481m of waterfront, was offered by Compass Helicopters boss Graeme Thomas who is moving to a nearby acreage.
He had bought the property five years ago for $1.58 million and ­undertaken a comprehensive modernisation of the estate.
The lakeside record had been $4.25 million when set in January.
Eraring is 30 minutes via helicopter to Sydney airport.
This article was first published in the Sunday Telegraph. 
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Luxury Lake Macquarie waterfront hits the market

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Retired Australian cricket captain Michael Clarke retains an investment at Trinity Point on Lake Macquarie.
Clarke paid $1,388,888 for a townhouse when the estate was launched in 2015.
The latest offering at the Johnson Property Group’s 23 hectare marina resort are the off-the-plan apartments within the Polaris complex.
Keith Johnson advised half of the 24 two-and three-bedroom apartments were snapped up at the VIP launch at the recently opened Italian restaurant.
This article first appeared in The Daily Telegraph. 
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Cricket legend Michael Clarke retains Trinity Point investment on Lake Macquarie

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<div>A palatial waterfront reserve home in Eraring in Lake Macquarie has sold for a record breaking $2.5 million.</div>
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<div>It was picked up by a Sydney buyer who bought it after a single inspection.</div>
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The home at <a href="https://www.realestate.com.au/sold/property-house-nsw-eraring-127933194" target="_blank">53 Payten Street</a> sits on a vast 5,285 sqm parcel with views over Lake Macquarie from every room.</div>
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<div>The land last traded for $260,000 in 1997 before the home was built in 2000.</div>
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<div>It spent over 450 days on the market and initially sought $3.4 million to $3.5 million when listed in March last year.</div>
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<div>Ray White Toronto selling agent Paul Wrigley said the buyer fell in love with it on the spot.</div>
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<div>It topped the previous Lake Macquarie record, set when a home sold for $1.85 million.</div>
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<div>Architecturally-designed, the home has four bedrooms, three bathrooms, a sauna, wet bar, library, and an audio room.</div>
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<div>An infinity pool and spa overlook the water.</div>
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<div>The listing advised it has rental potential of $1,200 to $1,500 a week.</div>
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Record sale at Lake Macquarie picked up by Sydney buyer

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Water’s Edge at Warners Bay has been given the green light for construction within weeks.
Water’s Edge, which will comprise 112 apartments, most with lake or pool deck views, is being developed by the construction company BLOC.
PRDnationwide agent Mark Kentwell says Water’s Edge has sold quickly since its release in September last year.
“More than 70% of the apartments have now sold off the plan," he said.
He is now selling the remainder and inviting expressions of interest for the ground floor commercial spaces.
“Warners Bay has been such a well-kept secret for so long, but thanks to the recent foreshore rejuvenation and the opening of so many great cafes and restaurants, we understand why Water’s Edge has proven so popular.
The $80 million project will also incorporate some retail and commercial spaces on the ground floor.
Construction is expected to be finished by early 2020 at the site adjoining King Street and the Esplanade.
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$80 million Warners Bay residential development, Water's Edge now 70 percent sold

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Luke Mullins, who has been living on Lake Macquarie since his heydays on the Young Rich List, is off to Adelaide.
His Summerland Point home is being marketed for April 14 auction as "without doubt one of Lake Macquarie’s most significant waterfront holdings" by The Property Market listing agents Tyson Nicholson and Gavin Schwebel.
The three hectare private waterfront enjoy 180 metres of sandy shores.
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The five bedroom house comes with resort-style pool.
There is also a guest house and a massive five-bay shed perfect for a home business, and to store all the toys. The grounds even come with a motor cross track.
The founder of Gemteq executive recruitment secured his windfall when he sold the company to Rubicor Group in 2008.
After exiting the Rubicor business in 2011, he moved to The Lakehouse at for a tree/sea change.
This article first appeared in The Sunday Telegraph. 
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Rich Lister Luke Mullins to swap Lake Macquarie for Adelaide

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The luxury lifestyle development proposed for the shores of Lake Macquarie, Trinity Point has been listed with the Johnson Property Group seeking joint venture partners.
Its 3.5 acre tourism precinct has been listed through JLL’s Paul Hunter and Ben Hunter.
The tourism precinct will offer a 188-berth marina (94 already built), a five-star Pullman Hotel with day spa &amp; wellness centre, gymnasium &amp; business centre, along with a 250 seat restaurant and 300 seat function centre.
There is even a DA in for a helipad off the marina, sitting 88 minutes north of Sydney’s CBD and 30 minutes south of Newcastle.
The likely joint venture offering will include eight blocks of apartments consisting of 250 luxury apartments.
The entire development covers 23 hectares which includes a number of residential homes and terrace homes currently under construction.
It is a masterplanned marina community that features 196 lot sub-division, 20 terrace homes and 3.5 acres of what is known as the tourism precinct within its Morisset Park waterfront location.
The subdivision lots and terrace homes are currently being sold down to individual buyers by <a href="https://www.johnsonpropertygroup.com.au/trinity-point/" target="_blank">the developer Johnson Property Group</a>.
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The former Australian cricket captain Michael Clarke has secured an off the plan three storey terrace homes with views over Lake Macquarie.
The former Miss Universe Jennifer Hawkins has been a brand ambassador.
Trinity Point received awards in two categories at the Asia Pacific Property Awards in Bangkok 2017-2018, for leisure architecture and hotel architecture.
It is designed by Squillace Architects.
JLL’s Director, NSW Metro Sales &amp; Investments, Paul Hunter said it was rare to see a development opportunity of this style and quality.
"This is an opportunity for the astute investor to be part of a fascinating new development.
“This type of development is more commonly seen in Queensland.
"Trinity Point is unique, once completed it will be a 5-star destination.
"Its location between Sydney and Newcastle makes access easy for a true weekender, investment or holiday home, but is also close enough to major centres to make this your primary residence.
"We expect interest from offshore and local developers, private investors and marina operators.”
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Joint venture partners being sought for Trinity Point, Lake Macquarie tourism project

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The Lake Macquarie Trinity Point residential development received two awards at the weekend Asia Pacific Property Awards 2017-2018.
The project won awards in two categories - leisure architecture and hotel architecture.
This year's award was the largest in its history, with over 820 entries across all categories.
Trinity Point was designed by Architects Squillace, who have a reputation for delivering exceptional resort style facilities and five star hotels.
"We are thrilled Trinity Point is being acknowledged for its vision and we continue to focus on delivering world class luxury living on Lake Macquarie," Trinity Point chief executive officer Keith Johnson said.
The former Miss Universe Jennifer Hawkins is the face of the $388 million Trinity Point marina project at Lake Macquarie, which is accessed via the M1 Morriset motorway turnoff.
The project was first announced in 2006 for the site formerly known as the St John of God holding.
The NSW government approved a concept plan five years ago for the 23 hectare site which is around an hour and a half from Sydney and 30 minutes from Newcastle.
Johnson eventually plans around 190 residential properties, 250 luxury tourist apartments and a boutique hotel. 
The community comprises a mix of five-star resort, hospitality, retail, residential and marina components.
Johnson hopes the project will offer a combination of the vibrancy of Noosa or Port Douglas, along with the prestige and grandness of the Fairmont Banff Springs in Canada.
A foreshore boardwalk will trace the shores of Barden’s Bay, opening up the water’s edge to the public and a state-of-the-art function centre that will accommodate weddings.
Former Australian cricket captain Michael Clarke has bought into the new development.
<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/2015/11/23/clarke.jpg" alt="" width="567" height="344">
Caption: Johnson Property Group Managing Director, Keith Johnson and former Australian cricket captain Michael Clarke
He bought a three storey, four bedroom terrace off the plan. It cost $1,388,888.
"Trinity Point is going to become an absolute Sydney weekend hotspot – another Palm Beach or daytrip destination but with more of a marina-lifestyle resort focus,” he said.
For more information, <a href="https://bit.ly/2p1WfOE" target="_blank">click here</a>. 
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Lake Macquarie's Trinity Point already winning awards

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To celebrate International Childhood Cancer Awareness Month, the Children’s Cancer Institute, PRDnationwide Newcastle &amp; Lake Macquarie, McDonald Jones Homes and McCloy Group have joined forces to undertake an extraordinary challenge; building a house in 21 days!
Work began on 29 August, 2016 at Billy’s Lookout, Teralba, Lake Macquarie NSW to build the 4 bedroom, 2 bathroom luxurious Portsea One home by McDonald Jones Homes.
The architecturally designed home has been built on 600 sq m of land donated by McCloy Group using materials and labour gifted by many generous partners, including Austral Bricks.
Scott Cam of The Block revealed the completed home, fully furnished by Freedom, with all kitchen and laundry appliances provided by Electrolux and home entertainment by Panasonic.
It will be auctioned October 23, 2016 the home through PRDnationwide Newcastle and Lake Macquarie by leading auctioneer, Damien Cooley.
100 percent of proceeds from the sale of the home will go to the Children’s Cancer Institute to fund medical research. 
For more information, <a href="https://buildforacure.org.au" target="_blank">click here</a>.
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Build for a cancer cure home up for auction at Teralba

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The Swansea Hotel in NSW’s Lake Macquarie region has sold for around $13 million to Laundy Hotels – the largest private hotel owner in the country.
The Swansea Hotel is located at the gateway to Lake Macquarie.
It is situated on a large 3,235sqm site, two hours from Sydney and 30 minutes from Newcastle.
<img src="/images/2016/10/05/Laundy.jpg" alt="" width="512" height="243">
The hotel was fully renovated in 2015 (image above before its renovation).
It was sold through CBRE with 30 poker machines by the Bernie family.
The Laundy's are the largest private hotel owner in the country and own venues such as the Watsons Bay Hotel and the Woolwich Pier Hotel.
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Swansea Hotel sold to the Laundys

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Housing market performance across Newcastle and Lake Macquarie is currently mixed, according to CoreLogic's latest regional report.
On one hand, median values are increasing, up 8.9 percent for houses and 5.6 percent for units over the 12 month period ending June 2016.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.54.22%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.54.22%20AM.png" alt="">
Transaction activity, however, is lower on a year-on-year basis, with just over 300 less homes transacting over the year to May 2016.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.54.32%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.54.32%20AM.png" alt="">
Despite less sales activity across the market, homes are selling faster than they were one year ago, with houses typically transacting 61 days after first being advertised for sale, compared to 65 days one year ago and units moving from 61 days last year to an average of 59 days currently.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.54.39%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.54.39%20AM.png" alt="">
Across the two product types, rental rates are moving in the opposite direction, with house rents up year-on-year, while unit rents have softened.
<a href="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.55.03%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/07/Screen%20Shot%202016-09-07%20at%209.55.03%20AM.png" alt="">
 
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