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

Listing

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Champion jockey Damien Oliver has listed his home in Port Melbourne’s Beacon Cove precinct.
The three-time Melbourne Cup winner bought the abode at <a href="https://www.realestateview.com.au/Real-Estate/98-beach-street-port-melbourne/Property-Details-buy-residential-9260802" target="_blank">98 Beach Street </a>at 1997 auction as Mirvac began constructing the now well-established village. It cost $540,500.
Oliver’s three-bedroom plus study is tipped to fetch more than $1.8 million through Marshall White agent Michael Paproth at August 22 auction.
The two storey offering includes an indoor sauna and spa room, perfect for Oliver who last week won his 10th Melbourne Jockeys’ Premiership with 60 winners.
His backyard includes another spa and a putting green.
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po-LsXgBTHBmX

Jockey Damien Oliver lists Beacon Cove home

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The most clicked property listing in Australia recently was an ultra-modern five-bedroom Toorak home.
Maybe it was all the Iris Cristal Bohemia chandeliers that attracted the property voyuers to the recently sold Dingle Partners listing.
The home at <a href="https://www.realestate.com.au/property-house-vic-toorak-119155971" target="_blank">6 Benson Ave, Toorak</a> is built over four levels with white Marmo glass floors, red onyx features, and Sicis mosaic wall tiles.
There is a water window feature too at the house.
The 606 sq m block cost $2.8 million in 2013 when bought by interests associated with Anna Eydlish.
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jchancellor-FAypfDUnLy

Iris Cristal Bohemia chandeliers aplenty in most clicked Toorak home

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La Campagna Winery, on 28 hectares at 176 Rogers Road at Cape Schanck, remains <a href="https://www.realestate.com.au/property-house-vic-cape+schanck-119733155" target="_blank">listed with $4 million plus hopes</a>. 
The Tuscan-style Mornington Peninsula estate has grapevines, a trattoria with pizza oven, seating for 70 patrons and space for larger functions. There are also 2500 olive trees. 
The 176 Rogers Road property comes with eatery management at the ready, should the new owner desire, according to Kay &amp; Burton’s David Heathcote. 
There are nine acres of grapevines in full production.
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La Campagna Winery remains listed on Mornington Peninsula

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Rent.com.au has listed on the Australia Securities Exchange after a backdoor takeover of former copper, gold and nickel explorer Select Exploration.
Rent.com.au has raised $5 million in new equity, at 20¢ a share. In opening morning trade it was at 21 cents.
The site, which markets itself as the home for rentals, claims about 80% of national real estate agent rental listings.
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<div class="cq-article-content-media section">Its chief executive Mark Woschnak hopes the big opportunity will the non-agent diy market, which he said represented 46 per cent of all rentals.</div>
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There will be 88 million shares on issue, with the newly raised capital representing 28.4% of Rent.com.au. 
Since 2007 the company has invested more than $10 million in developing technology, content and alliances, according to The Australian Financial Review.
The website received about 230,000 unique visitors a month, with its intention to expand into Asia.
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The rental property market in Australia: 
30% of Australia’s population (7 million people) rent; 
primarily key 18-35 demographic; 
Over 2.6 million rental properties in Australia; 
1.4 million properties managed by ~10,000 property agencies; 
1.2 million properties self-managed by ~1 million non-agent landlords;
Average lease turnover is ˂12 months;
3 million annual rental transactions represents 5x the number of home sales;
44% of real estate agency revenue is derived from property management;
Over 50% of all rental advertising is offline; non-agent landlords traditionally advertise in print media and other offline sources.
Rent.com.au is currently a top 10 national property website with 55,000 active property listings and 6,000 national property rental agencies registered.
Around 50% of traffic is now via mobile or tablet.
The RNT website is targeting one million renters to its site within five years, with transactions between $15 and $40 per service.
Its rental pricing notes $219 for a three day newspaper run vs $99 for a 4 week rent.com.au listen saying rent.com.au offers a unique audience: as 45% of its traffic does not go to realestate.com.au and 60% does not go to domain.com.au.
A third of Australians are currently renting property, but a new Nielsen report from Domain.com.au has revealed that the Northern Territory has the highest percentage of renters in the country (43%), followed by Queensland (37%).  While the Sydney and Melbourne property markets are the most talked about in the country, the percentage of people renting in the states is significantly lower, with more renters in NSW (33%) than in Victoria (28%).
Tasmania has the lowest percentage of renters in the country with only a fifth (20%) of the state currently renting.  The Domain data suggests that renting is a temporary, transitory experience, highlighted by 47% of Australians having lived in their current rental property for less than two years.
Only 27% of Australians have been in their rental property for more than five years. 
Percentage of renters, by state: 
 
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<li>33% of ACT residents over 18 are renting</li>
<li>27% of West Australian residents over 18 are renting</li>
<li>27% of South Australian residents over 18 are renting</li>
<li>43% of Northern Territory residents over 18 are renting</li>
<li>36% of Queensland residents over 18 are renting </li>
<li>20% of Tasmanian residents over 18 are renting </li>
<li>33% of New South Wales residents over 18 are renting </li>
<li>28% of Victorian residents over 18 are renting</li>
</ul>
 
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Rent.com.au lists on ASX

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The Sydney home of late entertainer Stuart Wagstaff has been listed for July 4 auction.
Wagstaff died in March this year aged 90. 
<img src="https://i3.au.reastatic.net/800x600/653cae99727960c0e1af797f545237ac51084b379d85ee1cf0408e4bfb678da7/main.jpg" alt="33/37-45 Barry Street, Neutral Bay" title="33/37-45 Barry Street, Neutral Bay" data-index="0">
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The eighth floor apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-neutral+bay-119984653" target="_blank">33/37-45 Barry St, Neutral Bay</a> has two bedrooms, along with a large entertaining balcony with views of the city.
Raine &amp; Horne Neutral Bay selling agent David Buttel said $950,000-plus was expected for the 106 square metre Kentwood block offering with car space.
It was his home for eight years, paying $660,000 in 2007 in the 1978 Mirvac-built complex.
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Stuart Wagstaff's Neutral Bay apartment for July auction

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Origin Energy chief executive Grant King and his wife Jenny have a $1.7 million price on their redundant Pittwater retreat.
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The Neutral Bay couple now own a pricier Palm Beach beachfront. 
<a href="https://palmbeach.ljhooker.com.au/33MF6Z/11-coasters-retreat-coasters-retreat" target="_blank">The waterfront reserve Coasters Retreat cottage </a>was bought in 1995 for $307,500 before its extensive renovation and extension. 
Accessed only by boat or a regular ferry service from Palm Beach, Noel Nicholson, of LJ Hooker Palm Beach, has the listing.
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Waterfront Pittwater retreat listed 

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Origin Energy chief executive Grant King and his wife Jenny have a $1.7 million price on their redundant Pittwater retreat.
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The Neutral Bay couple now own a pricier Palm Beach beachfront. 
<a href="https://palmbeach.ljhooker.com.au/33MF6Z/11-coasters-retreat-coasters-retreat" target="_blank">The waterfront reserve Coasters Retreat cottage </a>was bought it in 1995 for $307,500 before its extensive renovation and extension. 
Accessed only by boat or a regular ferry service from Palm Beach, Noel Nicholson, of LJ Hooker Palm Beach, has the listing.
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Modernised Coasters Retreat cottage with $1.7 million asking price

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An impressive bayside three level Black Rock property has hit the market.
Set at <a href="https://www.domain.com.au/property/for-sale/house/vic/black-rock/?adid=2011973836" target="_blank" style="line-height: 1.3em;">330 Beach Road</a>, it is for private sale, asking $6 million. It includes an indoor swimming pool, basement theatre with bar and a games pavilion.
It offers an 845 square metres of internal living area on its 789 square metre block.
Century Bentleigh 21's Harold Laver is the marketing agent.
It is the builder’s own home. 
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$6 million Black Rock trophy home

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The retired politician activist Peter Garrett has listed his Southern Highlands retreat.
The historic Queen Anne Federation Rowe Cottage has undergone extensive renovation since bought (pictured circa 1995) for $531,000 in May 1995 through Peter Shaw First National.
<img class="attachment-big wp-post-image" src="https://www.drewlindsay.com.au/wp-content/uploads/2015/05/DSC4651-640x360.jpg" alt='‘Rowe’, Mittagong &lt;strong&gt;&lt;span style="color: #ff0000;"&gt;NEW&lt;/span&gt;&lt;/strong&gt;' title='‘Rowe’, Mittagong &lt;strong&gt;&lt;span style="color: #ff0000;"&gt;NEW&lt;/span&gt;&lt;/strong&gt;'>
Previously Kangaroo Valley weekenders, the Garretts have been often based at the 5.8 hectare Mittagong since they sold their Balgowlah home for $585,000 in 1995.
But Peter and wife, Doris are now making a move back to their newly acquired $2.7 million Paddington terrace.
He retired from parliament at the 2013 federal election, selling his electorate abode earlier this month on Gordon Street, Randwick at $1,321,000.
<a href="https://www.drewlindsay.com.au/?property=rowe-bong-bong-road-mittagong-new" target="_blank">Rowe Cottage</a> has been listed with $3.3 million plus hopes through Drew Lindsay Real Estate agent John Renouf.They might buy a smaller retreat after the sale.Rowe Cottage was among the Mittagong Cottage Homes, established from 1885 by the State Children's Relief Board.
They were houses that each held 20 children, ranging in age from infancy to adolescence.
The cottages had different functions, as hospitals, disability and truancy institutions, convalescent homes, transit points between foster placements and the reformatory Mittagong Farm School and Training School.
More than 30,000 state children passed through the cottages. 
The Mittagong Cottage Homes had an important role in the New South Wales Government's child welfare system.
Mittagong, it was argued, had a healthy climate which enabled children to gain health and strength and education, surrounded by good farming land, which provided the food necessary to run the homes.
Their programmes included orcharding, dairying, general farming, tailoring, bootmaking, carpentry, poultry and pig farming.
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Peter Garrett lists Mittagong, Southern Highlands cottage

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Milbrovale, nestled at the base of the Brokenback Range, 7 kms beyond Broke, has been listed by the well known Newcastle couple Richard and Mary Owens.
The four hectare Hunter Valley estate has been listed for sale with Alan Jurd of Jurds Real Estate. 
The home got its inspiration from a Frank Lloyd Wright Prairie House.
<a href="https://www.realestate.com.au/property-lifestyle-nsw-broke-7741771" target="_blank">It was designed by Tanner &amp; Associates</a>, winning MBA Australian House of the Year when constructed.
The bespoke home featuring timber, stone, glass, metal and rendered finish, comes with home cinema and of course wine cellar.
There is a separate guest wing to accommodate up to twenty family and friends. 
Milbrovale's grounds come with resort style billabong swimming pool, tennis and basketball courts.
Milbrovale's marketing campaign runs until offers close June 26 with repricing to more than $2.6 million.
Alan Jurd estimates the replacement value of the residence at above $6 million.
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