Walk past a new apartment development promoting its sustainability credentials and it's easy to picture rooftop gardens, mature trees, landscaped courtyards and residents surrounded by nature.

But in many cases, that's not actually what those sustainability ratings guarantee.

Australia's leading environmental rating tools have played a significant role in improving the energy efficiency and environmental performance of buildings. Yet despite their focus on reducing emissions, many don't require developers to include trees, biodiversity or meaningful green space.

In other words, a building can achieve one of the country's highest sustainability ratings while containing little more than concrete, glass and hard landscaping.

That disconnect has led to the emergence of a new movement across Australia's property industry: nature-based cities.

The concept goes beyond designing buildings that consume less energy. Instead, it encourages developers to treat nature as essential infrastructure, integrating biodiversity, tree canopy, living landscapes and green spaces into projects from the earliest stages of planning.

Research has consistently linked access to nature with better physical and mental health, cooler neighbourhoods, improved biodiversity, stronger climate resilience and more connected communities. As Australia's cities continue to become denser, advocates say those outcomes should be considered just as important as energy efficiency.

Nature Based Cities (NBC) was established in 2022 to help accelerate that shift.

Founded by Hamton Executive Chairman Paul Hameister OAM, the not-for-profit was created after research highlighted a significant gap in Australia's sustainability framework. While existing environmental rating tools rewarded energy performance and emissions reductions, they placed little emphasis on the inclusion of living landscapes.

"We've always wanted to do more, and we know other developers who want to do more, but the ESD rating tools just aren't there," Hameister says.

"In Australia, you can have a five-green-star rated building that's concrete and glass with not a blade of grass.

"The focus is on reducing emissions, which is laudable, but there hasn't been enough attention paid to protecting and re-establishing nature. We need both for the health of the environment and for communities."

Since its launch, NBC has developed independent design guidelines and accreditation frameworks that encourage developers to prioritise ecology, biodiversity, tree canopy, walkability and living landscapes alongside traditional sustainability measures. The organisation first focused on medium and high-density residential developments before recently expanding into precinct-scale communities and masterplanned neighbourhoods.

Jan Talacko, founder of sustainability consultancy Ark Resources and a member of the Nature Based Cities Advisory Council, says the initiative addresses an area that has largely been overlooked by the property industry.

"Throughout my 25 years of working collaboratively with all stakeholders in the property sector, I've always favoured a pragmatic approach to sustainable design which encourages initiatives that not only meet environmental expectations but also improve amenity," Talacko says.

"Whilst we are making steady progress in relation to energy and carbon emissions from buildings, there has been much less emphasis on encouraging biodiversity and tackling the urban heat island effect.

"The Nature Based Cities initiative responds to a gap in the suite of tools currently used by the property development sector, which don't provide sufficient incentive, or recognition, for the integration of landscaping and greenery."

For apartment buyers, the shift is also changing the questions worth asking.

Rather than assuming a sustainable building will naturally include abundant green space, buyers are increasingly being encouraged to look beyond environmental ratings and ask what nature is actually being delivered. How much tree canopy will the development create? Has biodiversity been considered? Are landscaped spaces designed for people as well as appearance?

As Australia's cities continue to grow upwards and outwards, the next generation of sustainability may not simply be measured by lower emissions, but by how successfully developments bring nature back into everyday urban life.

Joel Robinson

What does it really mean for a building to be 'green'?

A who's who of Australian surfing, business and entertainment has emerged on title records following the completion of Esprit Rainbow Bay, the latest boutique beachfront apartment development by former professional surfer Paul Gedoun's S&amp;S Projects.

The completed project has attracted an enviable collection of owners, many with long-standing ties to the southern Gold Coast and the surf culture that has helped define Rainbow Bay and neighbouring Kirra for generations.

Given Gedoun's own background in surfing, it perhaps comes as little surprise that some of Australia's most recognisable surfers have chosen to buy into the development overlooking one of the country's most celebrated stretches of coastline.

Pezet Matheson directors Jayde Pezet and Todd Matheson launched the project in late 2021, and have managed the sales campaign all the way through to its sell-out and recent completion.

<img alt="Esprit" data-entity-type="file" data-entity-uuid="08fc6261-b84e-4b09-8a44-66d3067fd0d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-29%20at%208.51.05%E2%80%AFAM.png?VersionId=4AOcb6ETZwNUnMPdTtz1B3pZAIB_jgZ2" />

Former world champion Mick Fanning, who grew up in Coolangatta, secured an apartment in 2023. He paid&nbsp;$2.07 million. Last year he sold his Bilinga home for over $16 million.

Three-time world champion Joel Parkinson also purchased in the development, alongside big wave surfer Mark Mathews. Mathews bought the most expensive apartment in the building, spending just over $4 million.

Joining them is Rip Curl founder Doug Warbrick, whose company helped shape Australia's global surfing industry over the past five decades.

The appeal of Rainbow Bay has extended well beyond the surfing community.

International DJ Paul Fisher purchased an apartment through his investment vehicle, YLB Developments, an abbreviation of his trademark phrase "You Little Beauty".

The purchase comes as Fisher and his wife Chloe are developing their own luxury apartment project further north in Palm Beach. Their boutique beachfront development, Pescado, comprises just seven apartments on Jefferson Lane, which start from just shy of $6 million. The couple intend to retain the two-level penthouse as their Australian base between international touring commitments.

Melbourne Storm coach Craig Bellamy and his wife Wendy have also invested in Esprit, purchasing two apartments after spending decades holidaying on the southern Gold Coast. They also have a luxury apartment in Joe Adsett's Rockpool, less than 400m away from Esprit.

<h2>Boutique project draws owner-occupiers</h2>

Esprit launched in 2021 and sold strongly, with buyers drawn to its boutique scale, beachfront position and contemporary design.

The completed development comprises 94 apartments across 11 levels, offering expansive floorplans designed primarily for owner-occupiers rather than the investor market.

Crowning the building is Club Esprit, pitched as being the Gold Coast's first residential rooftop wellness centre. The roof features a&nbsp;25 metre magnesium lap pool, which is surrounded by wet daybeds and poolside cabanas,&nbsp;multiple barbecue areas,&nbsp;a yoga and relaxation play lawn, and a private dining room with a kitchen scullery, bar, lounges, and an outdoor terrace.

The wellness centre is&nbsp;fully equipped with a Technogym, ice bath, infra-red sauna, steam room, thermal room, and treatment room. The roof has views spanning&nbsp;Rainbow Bay, Snapper Rocks and the Pacific Ocean.

<h2>S&amp;S Projects continues to shape Rainbow Bay</h2>

S&amp;S Projects founder Paul Gedoun has become one of the key figures behind Rainbow Bay's evolution over the past several years.

After establishing S&amp;S Projects, Gedoun has focused on delivering lifestyle-driven apartment developments designed primarily for owner-occupiers seeking a permanent coastal home.

Esprit is Gedoun's third completed project in Rainbow Bay, following Flow and Awaken, both of which achieved record prices for the suburb.

He is now delivering <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, a 38-apartment development on Boundary Street that is currently selling, and has no plans to leave the precinct anytime soon. S&amp;S Projects has also lodged plans for its fifth Rainbow Bay development, an 88-apartment project on Boundary Street featuring a strong wellness focus.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">First look: S&amp;S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street</a>

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Who's who of buyers revealed as Esprit Rainbow Bay settles

Apartment buildings are increasingly being designed around how people actually live day to day, not just how they want a building to look.

For buyers, that shift is showing up in practical inclusions that respond to changing habits. Work-from-home spaces, EV charging, wellness amenities, secure bike storage and parcel management are becoming part of the broader apartment conversation, reflecting a move toward buildings that reduce friction in everyday life.

Online shopping has become one of the clearest examples of that change.

Australians spent a record $82.6 billion online in 2025, with nearly one in four retail dollars now spent online. That has made parcel delivery a regular part of apartment living, rather than an occasional inconvenience.

For apartment residents, however, the delivery process can be less straightforward than it is for detached homes. Parcels may be left in lobbies, redirected to Post Offices, missed entirely, or placed under the responsibility of building managers and concierge teams.

That is why secure parcel infrastructure is increasingly being considered alongside more familiar apartment amenities.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/-VjjLwoViX0?si=A3k7ws9NX35Uac7_" title="YouTube video player" width="560"></iframe>

Australia Post Parcel Lockers offer one way to address the issue. When a parcel arrives, residents receive a notification through the AusPost app or SMS, then collect it using a QR code or one-time PIN. The parcel is kept secure, accessible and removed from common areas.

The broader Parcel Locker network now includes more than 1,500 locations across Australia, positioned at Post Offices, shopping centres, supermarkets, transport hubs and other accessible locations.

For new apartment projects, the relevance is clear. A building’s amenity offering is no longer only about lifestyle spaces, but also about convenience, security and functionality.

As buyer expectations evolve, secure parcel delivery is becoming part of the same design conversation as flexible working, sustainable transport and resident wellbeing.

It is one less thing for residents to worry about, and another example of apartment design adapting to the way Australians now live.

Apartment design is adapting to the way Australians shop

While school holidays and trips to Europe tend to define the winter property market, there's been no cold snap at <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> in North Sydney.

Developer-builder&nbsp;<a href="https://www.apartments.com.au/developers/aland">ALAND</a> sold more than $35 million worth of apartments throughout June, including a $6.8 million apartment that now ranks among the highest apartment sales ever recorded in North Sydney.

SRM Residential agent Ben Stewart said buyer demand throughout June reflected a mix of improving market confidence and longer-term thinking from owner-occupiers.

"We're seeing strong demand from owner-occupiers who are taking a longer-term view," Stewart said.

"Many recognise the opportunity to secure an apartment in an iconic building and premium location while values remain attractive. They may initially lease the property, but the intention is to eventually move in themselves, rather than purchasing purely as an investment."

[smartcode_project:default project_id=134323 project_image_fid=367129]

Located at 177 Walker Street, The Walden will deliver 161 one, two, three and four-bedroom residences across a 30-storey tower designed by Rothelowman. Every apartment occupies a corner position, maximising natural light, cross ventilation and views across Sydney Harbour, the Opera House, Sydney Heads and the northern districts.

Rather than a traditional balcony, the residences feature winter gardens that seamlessly extend the open plan living areas, creating versatile spaces for relaxing or entertaining throughout the year. Floor-to-ceiling glazing draws in natural light while showcasing sweeping views from the building's elevated Walker Street position.

Every apartment features high-end Calacatta marble, bespoke joinery, and fully integrated appliances.

The larger residences have been planned with distinct entertaining and private zones, with many master suites positioned on corners to capture natural light and harbour views. Walk-in dressing rooms, freestanding baths and refined stone finishes reinforce the house-like feel that has resonated with downsizers and owner-occupiers.

[smartcode_project:default project_id=134323 project_image_fid=6393]

Rothelowman Principal Ben Pomroy said the project was designed to make the most of its unique position overlooking the harbour.

"The Walden is a celebration of all things beautiful, curated for those who expect nothing less than exceptional," Pomroy says.

"Meticulously designed entertaining spaces and light-filled living areas that capitalise on capturing the natural beauty of Sydney's iconic harbour."

Residents will also have exclusive access to The Pavilion, a dedicated amenity building featuring a rooftop pool, wellness studio, gymnasium, sauna, concierge service, residents' lounge, private dining spaces and work-from-home facilities.

[smartcode_project:default project_id=134323 project_image_fid=6402]

The project marks ALAND's first major luxury apartment development in Sydney's inner-city market after more than two decades delivering residential communities across Greater Sydney.

Founder and CEO Andrew Hrsto previously said the rarity of the Walker Street site made it an opportunity the company could not overlook.

"This is a rare opportunity to bring a truly exceptional project to life in one of Sydney's most iconic locations, and to showcase our craftsmanship and design expertise at a world-class level," Hrsto said.

[smartcode_project:default project_id=134323 project_image_fid=6383]

The Walden has been introduced to the market at a time when demand for living in North Sydney is at an all-time high. Billions of dollars have been invested in infrastructure, including the recently opened Victoria Cross Metro station, located just 300 metres from The Walden, providing residents with direct access to the Sydney CBD in just minutes.

Private investment has also transformed the area through the arrival of new retail and dining destinations, elevating the lifestyle offering in what was once considered primarily a commercial precinct rather than an aspirational residential address.

The Walden is currently under construction and is scheduled for completion in 2028.

[smartcode_project_cta:default project_id=134323]

ALAND records $35 million in sales in North Sydney as The Walden bucks quiet winter selling season

The long-awaited redevelopment of the former Eastlakes Shopping Centre site has reached a major milestone, with Conquest's plans for a new mixed-use precinct officially placed on public exhibition.

The State Significant Development Application would transform the 1.7-hectare site at <a href="https://www.apartments.com.au/new-apartments/19a-evans-avenue-eastlakes-nsw-2018">19A Evans Avenue</a> into one of Sydney's largest urban renewal projects, delivering 736 apartments above a new shopping centre anchored by Woolworths, alongside specialty retail, dining, commercial space and new public open spaces.

The public exhibition marks the next chapter for the project after <a href="https://www.apartments.com.au/developers/conquest">Conquest</a> acquired the stalled Stage Two development from Crown Group, who completed the first stage across the road prior to their voluntary liquidation.

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="5fca22c5-d1ed-4e2c-8801-03f7df1eafc8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland%20podium.png?VersionId=uomwr41nF8CmLUZRDcu3mHQechlbxucS" />

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Designed by DKO Architecture, the proposal comprises four residential buildings ranging from 14 to 18 storeys above a two-level retail podium. The development would deliver 736 apartments, including 74 affordable homes, 215 Build-to-Rent apartments and 521 market residences. Provision has also been made for dual-key apartments, which could increase the total number of dwellings to 877.

At ground level, the shopping centre has been designed as the suburb's new meeting place, anchored by a full-line Woolworths and complemented by a curated mix of fresh food retailers, cafés, restaurants, health services and everyday convenience shopping. Generous pedestrian links and landscaped public spaces will connect the retail precinct through to Jack Mundey Reserve, creating a more walkable and connected neighbourhood.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

"Eastlakes has been overlooked for too long, and this is the community’s moment. We are building a shopping centre and homes, a genuine heart for the suburb, and we genuinely want locals to help shape it."

"We enrich communities through the creation of homes, places, and experiences designed for life, built to last, and owner for generations. That starts with listening, so we warmly encourage everyone with a connection to Eastlakes to view the plans and share their thoughts."

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="22f6fb20-54fb-4bd7-8a92-48fafdd00608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland.png?VersionId=cugp7s9hrMHGJJdYzkeAkrFoQgnF4GXf" />

DKO said the design had been shaped by the site's landscape setting and surrounding open space.

"Our vision for the site embraces its unique Bidjigal identity by blending the residential living with generous landscaping and a material palette inspired by the Bidjigal locality, and celebrating the panoramic views to Botany Bay and the wetlands reserves."

"Taking cues from Country, we seek to harmonise built form with the landscape and lightly touch the earth. By reconnecting, retaining and regenerating existing ecology, and weaving in natural elements, we can deepen our connection to Country."

The landscape strategy extends across the podium and rooftops, incorporating communal gardens, children's play areas, lawns, community gardens, family gathering spaces and extensive tree planting. New landscaped links will also strengthen the connection between the precinct and Jack Mundey Reserve, while publicly accessible open spaces have been integrated throughout the development.

The proposal builds on Conquest's broader placemaking strategy for the site. Through an ongoing partnership, local artist Joe Rashbrook has been appointed Urban Art Curator, working alongside young residents to transform the project's site hoardings into a public art gallery that allows the community to engage with the redevelopment before construction is complete.

Conquest has rapidly expanded its development pipeline since acquiring the Eastlakes site, with more than $6 billion worth of mixed-use projects now in planning across Sydney, including Stanmore, Castlecrag and Waterloo.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

First look: ‘Far more than replacing a shopping centre’ as Conquest unveils 736-home Eastlakes redevelopment

Listings

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Boonoorong on 20 hectares outside Flinders has been listed with $1.7 million plus hopes.
It was built in <a href="https://kayburton.com.au/properties/view/307326-25-eastern-grey-rise-flinders-3929-sale" target="_blank">2003 as a holiday house</a> by owners Grant Murray and Janet Truscott who had backgrounds in engineering and science.
Energy efficiency was the priority when commissioning the build.
Kay &amp; Burton agents Meg Pell has the listing, a Sunpower Design energy-efficient property.
The couple told Fairfax Media the solar-passive efficiency of the home meant very little energy was needed to warm the home in winter, and cool sea breezes blow from the coast to cool the home in summer.
They estimated the return on investment for the photovoltaic system (which converts solar energy to electricity) to break even after 30 years.
But with the demand for energy efficient materials, they now estimate less than 10 years. 
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Solar efficient Boonoorong at Flinders for sale

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Media personality Angela Catterns has listed her Balmain terrace for September 24 McGrath auction with $2.9 million plus hopes.
Glendarra, the 1897 freestanding Victorian terrace has water views from every level, positioned opposite waterfront parkland. It has an extensive rooftop terrace, set a short stroll from Darling Street.
Catterns, who appears regularly on Channel 10 morning panel show, Studio 10, has been an active member of the local community including being commodore of Balmain Sailing Club.
“Balmain and sailing is in my blood,” she once said.
Her late father Basil – a life-member of the Sydney Heritage Fleet and son of a ship's captain – was born in Balmain in 1918. 
Radio 2UE dropped Catterns from its line up earlier this year. The terrace cost $2.2 million at 2009 Cobden Hayson auction with her partner, having been refurbished in 2000. 
<a href="https://www.realestate.com.au/property-house-nsw-balmain-120587217" target="_blank">There is now a media room</a>, plus 1000 bottle cellar with a wine fridge in the more recently renovated kitchen.
This article was first published in the Sunday Telegraph.
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Broadcaster Angela Catterns lists in Balmain

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Auctions across the capital cities fell in the first week of spring yet were higher than the same week last year, according to CoreLogic RP Data's weekend market summary for the week ending 6 September.
CoreLogic RP Data found a preliminary clearance rate of 74.9% over the weekend, up from last week's result of 73.4% 
2,272 auctions were held in the first week of spring, (down from 2,654 the previous week), with auction numbers staying well above the same week a year ago when there were 1,897 auctions. 
 
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Spring auction numbers higher than last year: CoreLogic RP Data

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A replica of the United Kingdom's Widcombe Manor has been listed for sale in the Adelaide Hills suburb of Aldgate.
The <a href="https://www.realestateview.com.au/Real-Estate/105-milan-terrace-aldgate/Property-Details-buy-residential-9297750" target="_blank" style="line-height: 1.3em;">105 Milan Terrace</a> property has been listed through Dale Gray and Nathan Casserly at Ouwens Casserly.
The four-bedroom house flanked by an avenue of 120 year oaks and seasonal creek sits on 10,000sqm.
The property is 20 minutes from the CBD.
The graceful Widcombe mansion in the picturesque Adelaide Hills town fetched $1.55 million in 2012 having been initially listed in 2008 with $2.4 million hopes.
The parcel of land cost $250,000 in 2000.
Its facade mimics the Palladian-style Widcombe Manor, reputedly Bath's finest Georgian residence. As with the grand country house for which it is named, Widcombe comes with perfect symmetry with its Georgian sash windows.
The family who built in crica 2000 saw the Bath version in a House &amp; Garden magazine.
 
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Aldgate replica of UK's Widcombe Manor listed in Adelaide Hill

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Historic Doogallook, a 535 acre Yea farm, has been listed for sale.
The <a href="https://www.realestateview.com.au/Real-Estate/6938-goulburn-valley-highway-yea/Property-Details-buy-residential-9352712" target="_blank">6938 Goulburn Valley Highway</a> property has been listed with $4 million plus hopes through Bart O'Sullivan and Peter Hawkins at Pat Rice and Hawkins.
The 260 hectare property on the Goulburn River flats was settled by pioneer pastoralist John Cotton in 1843.
John Cotton was born at Clapham Common, London, and after he married Susannah Edwards in 1843, with his wife, four sons, five daughters and some servants set sailed for Australia in the Parkfield.
Before he emigrated Cotton, a naturalist, had published The Resident Song Birds of Great Britain.
After arrival at Port Phillip, Cotton and his family spent time at Balham Hill in the Goulburn River valley with John's younger brother, Edward, who had arrived a short time before.
In late 1843 John took up the near-by station, Doogallook, then 26,800 acres (10,846 ha) with 1800 sheep and 400 cattle.
The next year he acquired Maintoongoon, 28,000 acres (11,331 ha), on the Delatite River.
The Australian Dictionary of Biography noted that by 1846 Cotton held more than sixty square miles (155 km²) and was expected to shear 10,000 sheep.
Cotton died in December 1849, leaving a widow who died in 1852, and ten children.
The restored 1840s solid brick residence has over 50 squares under roof, retaining its Victorian pastoral period feeling.
There are five bedrooms plus study.
It was last traded 22 years ago when bought by the French family.
The property, located about one hour from Melbourne, is scheduled for October 17 auction.
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Historic Doogallook farm in central Victoria listed

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Property listings across Sydney are lower than last year, with the recent rush to the red hot auction market helping clear the decks.
There have been around 8000 new listings over the past month, with total Sydney offerings currently at around 19,000. 
Despite less population, Melbourne and Perth have more properties on sale as stock levels in Sydney are 1.5% lower than a year ago, according to CoreLogic RP Data.
A pre-spring spring listings spurt showed up in higher than usual auction volumes, but then seemingly prompted a dip in the auction success rate. Sydney’s clearance rate was down from 77.3% to 76.2% last week. 
Around 3700 Saturday onsite auctions were marketed across Sydney during August, which include 800 tomorrow.
In August 2014 the Saturday numbers were around 2250 auctions, a 65% jump in weekend onsite activity year on year.
There was also another five Saturday August in 2013 when just 2000 auctions were held.
Auctions are increasingly a popular way of selling a residential property, new research from CoreLogic suggests.
Over the last financial year some 25% of all properties advertised for sale were taken to auction across Australia’s capital cities, with Melbourne, Sydney and Canberra leading the way.
There were 380,000 dwellings advertised for sale across Australia’s capital cities over the 2014/2015 financial year, of which 84,000 were marketed as auction sales.
The proportion of auction sales has been rising since the 2008/2009 financial year when auctions comprised 16% of all dwellings listed for sale.
CoreLogic RP Data research director Tim Lawless said the rise in the proportion of residential properties taken to auction should come as no surprise given market demand has been high and buyers are highly competitive.
Melbourne is still the city where auctions are the most popular method with some 39% of all Melbourne's residential property listings taken to auction.
Sydney sits not far behind at 38%.
Queens Park tops the list with 59 out of 60 house listings being taken to auction over the period under analysis. 
Queens Park has just the one weekend scheduled auction with Belle agent Edward Brown.
Around $2.1 million is being sought for the freestanding two bedroom property at 140 Denison Street.
"It is being offered to the market for the first time in over four decades," Edward Brown said.
Sydney's busiest auction suburb tomorrow is Liverpool followed by Blacktown and Surry Hills.
Liverpool's auction including four newly constructed homes on Apex Street through Darren Smith, Community First Liverpool.
This article was first published in The Daily Telegraph
 
 
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Sydney auction numbers rise, but listings reduce

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The Banora Central Shopping Centre, south of the Gold Coast, is up for sale through an expressions of interest campaign ending 17 September.
The 13,340sq m site on the corner of Leisure Drive and Fraser Drive at Banora Point, was built in 2007 and features a Coles supermarket, three specialty shops, one kiosk and two ATMs and extensive partly covered grade-level parking. 
The property is being sold through Jon Tyson of Savills, who said approximately 67% of the centre’s gross rental income securely leased by national brand blue-chip tenants, Coles, BWS, Westpac and Suncorp.
“This property is trading well and presents an attractive investment, given the small number of tenants dominated by strong line-up of national operators. The high-exposure corner site provides easy customer access and is well-positioned to capitalise on the future population growth flowing from major new residential development in the area,” he said.
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Gold Coast's Banora Central Shopping Centre for sale

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The big players in the property sector started delivering their results to the market last week, with the themes of rising valuations for prime property, tightening capitalisation rates and strengthening markets in Sydney and Melbourne offset by slower conditions in Perth and Brisbane.
The residential market was in the spotlight with diversified property company, Mirvac Group, reporting an operating profit of $454.8 million, up 4%, and a record $2 billion in pre-sales from its residential division. 
The group, which has a significant residential development business focused largely on the apartment market, said it had already secured 67% of its expected 2016 development earnings before interest and tax and 57% of its 2017 budget amid strong demand. 
However, chief executive Susan Lloyd Hurwitz said conditions in the buoyant Sydney market were reaching their peak and conditions were mixed across the country. She warned government measures to slow investor spending on property could have a detrimental effect on the housing market. 
Industrial property specialist, Goodman Group reported it had benefited from strong residential markets by selling $1.1 billion worth of non-core industrial land to residential developers for urban renewal projects.
Chief executive Greg Goodman said the group held land across Sydney that was in high demand for rezoning for residential uses. He expected urban renewal activities to become a significant source of capital for the group to invest in industrial developments and selective acquisitions. 
Goodman Group reported a full-year operating profit of $653 million, up 9% on the 2014 financial year. 
“This equates to over 7% growth in earnings per security, largely driven by growing development volumes, which has seen our work book increase to over $3 billion, and robust activity across our stabilised portfolio, with net property income growth of 2.5% and occupancy maintained at 96%,” Goodman said in a statement to the Australian Securities Exchange.
The group, which owns and develops industrial and logistics properties in several countries, forecast operating earnings per security would increase in fiscal 2016 by 6% to 39.4 cents. It forecast it would pay out distributions of 23.8 cents per security. 
Dexus Property Group agreed the outlook for industrial property was solid. It reported one-year returns of 11.3% in its industrial portfolio, up from 9% in 2014, although it noted that performance across sub-sectors was varied. 
Dexus, which is concentrates on the prime office property market, reported an increase of 9.3% in Funds from Operations on a per security basis in 2015 compared with the 2014 financial year. 
The group was upbeat about the outlook for the Brisbane office market, and reported Sydney and Melbourne’s markets had come back into balance. 
Vacancy levels in Sydney were expected to rise in 2016 to peak around 9.7% as new supply at Barangaroo came to market, but then fall sharply in 2017 and 2018 to around 6.5% due to a lack of new supply, significant withdrawals, and continuing improvement in demand. 
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Big property players deliver financial results

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One of the properties that generated the most interest this week on realestateview.com.au is a five bedroom home on 527 sqm in the western Sydney suburb of Kellyville Ridge.
The property,<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9317714" target="_blank"> 3 Vinegar Hill, Road Kellyville Ridge</a> has a resort style backyard offers a large undercover pergola area with built-in bbq and bench space, plus a timber decking area with a 2.4m x 4.5m swim spa.
The property goes to auction at 2pm, Saturday September 5.
<img src="/images/2015/08/14/700_vinegar.jpg" alt="">
 
 
A one bedroom Richmond Victoria apartment is generating huge interest with potential investors, according to realestateview.com.au.
<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9286164" target="_blank">1/87 Westbank Terrace, Richmond, Victoria</a>, has a private courtyard, an outdoor decking with french doors and open plan kitchen.<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9286164" target="_blank"></a>
It goes to auction at 1pm, Saturday August 29 with a price guide of between $450,000 to $470,000.<a href="https://www.realestateview.com.au/Real-Estate/34-taradale-drive-ropes-crossing/Property-Details-buy-residential-9286164" title="Add to your calendar"> </a>
<img src="/images/2015/08/14/700_richmond.jpg" alt="">
 
 
A five bedroom at <a href="https://www.realestateview.com.au/Real-Estate/lot-15-moontongue-drive-gol-gol/Property-Details-buy-residential-9201008" target="_blank">196 Fagans Road, Lisarow, NSW</a>, is also one of the most clicked homes on realestateviews.com.au this week.
The five acre property has an open plan lounge and dining room, separate rumpus room, office/study and library room, as well as an in-ground heated swimming pool.
It is currently listed for sale with a price guide of around $960,000. <a href="https://www.realestateview.com.au/Real-Estate/lot-15-moontongue-drive-gol-gol/Property-Details-buy-residential-9201008" title="Add to your calendar"></a>
<img src="/images/2015/08/14/196-Fagans-Road-Lisarow-NSW-2250-Real-Estate-photo-2-large-9201008.jpg" alt="" width="641" height="428">
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Kellyville Ridge listing catching most clicks: Realestateview.com.au

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The Springfield, Adelaide trophy home owned by one of Australia's richest young businessman, has been listed for sale.
It is expected to break the South Australian real estate price record for Ross Makris.
Beachside Glenelg home, Stormont, set the state residential record when it fetched $6.5 million in 2010.
The home at 9 Hillside Road, Springfield last traded in 2008 for $4.2 million.
The 2209-square-metre estate has been listed by Adcorp Property Group agent Joe Oppedisano.
Mr Makris, a property developer, made the Adelaide social pages last year when he married 2003 Miss World Australia, model Olivia Stratton.
He is the son of shopping centre tycoon Con Makris, who made his early money in chicken shops.
The Springfield mansion's former owner, Peter Hurley bought the land in 1997 for $420,000.
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