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

Mosman

<html><body>
The Stenmark modelling clan have snappily offloaded Cardross, their long-time Mosman home, well before its scheduled auction.
It was where Australia's hottest twin modelling exports, Zac and Jordan Stenmark grew up.
Matriarch, Susie Stenmark, a former model herself, and her husband, successful businessman Damien Stenmark accepted a bullish pre-auction offer through Brendan Warner at Raine &amp; Horne.
It had ambitious $11 million price guidance having been bought in 1998 when the twins were six for $2.65 million.
The grand turn of the century family home has five bedrooms, five bathrooms and a pool.
The twins, who are currently off busy doing a modelling gig in California, left the nest in stages.
Zac was the first, buying a Manly apartment two years ago. 
Jordan followed but based himself at Bondi. 
They presumably will be back time to collect any residual childhood belongings, though perhaps not their Stamford University-based brother Louis.
Stylist Zoe, who lives in Paddington with her husband, former Sydney Swan Lewis Roberts-Thomson, is their sister.
The twins broke onto the modelling scene in 2011 when working in a cafe, a friend suggested they would make more money modelling.
The pair didn't realise what was to come, as they were immediately signed on by the Vivien agency at just 19 years of age and flown to Miami to shoot 60 pages for L'official Homme the following week.
This article was first published in the Daily Telegraph.
</body></html>

firstname1-iYD4UYzvBa

Model Stenmark twins childhood home sold in Mosman

<html><body><div class="floatLeft contentContainer">
<div class="heading">
Property developer Jason Varker-Miles has spent $5.3 million on a Mosman home with his wife, Trish.
It looks like a savvy purchase, after the five bedroom home had a guide of $5.75 million to $5.95 million.
Varker-Miles said patience paid off, allowing the Sydney market to cool having sold the former Mosman home he shared with wife, PR dynamo Trish.
"We have enjoyed being tenants for a couple of years, it has given us time to look around the market to consider different locations and what we really wanted in a family home," he told me.
"Being a renter over this period has also given the hot Sydney market time to cool to a point we were happy to buy again."
In 2016 they sold their Fox Johnston-designed home nearby for $10.1 million.
They had paid $4,068,000 for the property in 2014 and went about constructing the opulent home with plenty of copper and sandstone on Parriwi Road.
Their new purchase is set on nearly 1000 sqm of manicured gardens near Sirius Cove.
The kitchen and living space opens to an outdoor entertaining area with pool.
McGrath Mosman agent Jacqui Rowland-Smith sold the home after 44 days.
 
</div>
</div></body></html>

Property developer Jason Varker-Miles spends $5.3 million on Mosman home

<html><body>
Millionaire philanthropist John Kinghorn has sold in Mosman, six month after listing his harbourfront mansion with $16 million hopes.
The founder of RAMS Home Loan and wife Jill Kinghorn have owned their waterfront home in Mosman since 1982. 
It sold for around $12.5 million after downsizing into a $10 apartment in the nearby Watermarque building in the suburb’s first double-digit apartment sale.
The five-bedroom Carrington Avenue home was bought in 1982 for $1.3 million having been built in 1978 with four levels.
There were renovations in 2013 with a $450,000 estimated value.
It comes with swimming pool, boat house, jetty and a pontoon.
It was briefly listed in 2011 with $9 million hopes through local agent Geoff Smith when they planned to spend more time at their Bilgola beachfront house which was sold in 2013 for $5.35 million.
The home sold to buyers from the Sutherland Shire.
</body></html>

John Kinghorn sells in Mosman after 36 years

<html><body>
Cardross, the family home of the Stenmark modelling clan in Mosman, has been listed for sale.
It was where the duo Zac and Jordan Stenmark, Australia's hottest twin modelling exports, grew up, along with their Stamford University-based brother Louis and their stylist sister Zoe.
The home has been listed by their mother, Susie Stenmark, a former model, and husband, successful businessman Damien Stenmark.
The Mosman home was bought in 1998, when the twins were just six. It cost $2.65 million.
The grand turn of the century family home sits on 1150 sqm of level land in the prestigious Clifton Gardens.
Surrounded by manicured gardens, the home has five bedrooms, five bathrooms, a central hallway and reception rooms with high ornate ceilings.
The kitchen opens to an alfresco terrace which overlook the pool.
The master suite with two walk-in wardrobes has its own private north facing terrace with views over Sydney Harbour.
Raine &amp; Horne Mosman agent Brendan Warner has a June 28 auction with $11 million hopes. 
The Stenmark family have a weekender at Palm Beach. 
Talking to Sydney Confidential in 2015, Jordan called his mum "the core of the family."
"The whole family is really close, but mum is the core of our family in many ways, she does so much for us and is such an amazing support in so many situations."
Susie was a fashion star in her own right at her son's age.
Jordan says she gives him tips.
The twins have have left the nest in recent years, finding their own way in the property market.
Zac was the first to leave the family home when two years ago he spent $965,000 on a two bedroom, two bathroom apartment in Manly.
When he moved out, Zac said the twins still expected to see each other every day.
Some 18 months later, Jordan bought at Bondi, splashing $1.19 million on his two bedroom apartment.  
The twins broke onto the modelling scene in 2011 when working in a cafe, a friend suggested they would make more money modelling.
The pair didn't realise what was to come, as they were immediately signed on by the Vivien agency at just 19 years of age and flown to Miami to shoot 60 pages for L'official Homme the following week.
 
 
 
 
 
 
</body></html>

Cardross, the family home of the Stenmark modelling clan, listed in Mosman

<html><body>
The recently departed ARU deputy Rob Clarke has listed his luxury Mosman waterfront, now with the price guide of $9.55 million to $10.5 million.
The Richardson &amp; Wrench agent Andrew Blaxland is advertising the home as the "closest thing to the Whitsundays on Sydney Harbour".
Clarke and lawyer wife Kylie Virtue-Clarke paid $4 million for the Parriwi Road home in 2003.
It is on one of Mosman's premier waterfront streets, Parriwi Road.
Designed by architect Patrick Nicholas, the five bedroom home comes with multiple breakout spaces.
There's also also a 300-bottle rock wine cellar.
Five houses on Parriwi Road have sold over the $6 million mark, with the street record occurring in 2016 at $10.1 million, for a Fox Johnston designed home incorporating copper, salvaged sandstone and full height glass to frame the views.
<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/2018/6/8/MOSMAN%202.jpg" alt="">
Designed by architect Patrick Nicholas, the home with multiple breakout spaces feature's a private Zen-like retreat room.
It has five bedrooms, four bathrooms and an infinity-edge pool. There's also also boatshed and private beach.
<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/2018/6/8/MOSMAN%203.jpg" alt="">
An inclinator runs to each of the homes three levels.
 <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/2018/6/8/MOSMAN%204.jpg" alt="">
<a href="http://www.rwm.com.au/-mosman-nsw-3979160/"></a>This article first appeared in The Daily Telegraph. <a id="LPlnk233967" href="http://www.rwm.com.au/-mosman-nsw-3979160/"> </a>
</body></html>

Former rugby union boss lists luxury Mosman waterfront home

<html><body>
Nick Abboud, the former boss of collapsed electronics retailer Dick Smith, has listed the Mosman home he shares with wife, Lisa.
The property has undergone an extensive renovation since she paid $5 million in 2013, a year after Abboud took the reins prior to the big float.  
As Dick Smith's second largest shareholder, Abboud lost a small fortune through the company's collapse.
The Hopetoun Avenue home, overlooking Chinaman's Beach, has four bedrooms, three bathrooms and a solar heated pool.
Raine &amp; Horne Mosman agent Brendan Warner, who sold the home last time round, has the listing with $11 million hopes.
Abboud had reportedly been in the mix to take the vacant CEO job at Myer.
The couple have had two children since their purchase, so are looking for a more suitable family home.
This article first appeared in The Daily Telegraph. 
</body></html>

Nick Abboud lists Mosman trophy home

<html><body>
Mosman has reportedly secured a $10 million-plus sale of a four-bedroom harbour front apartment.
<a href="https://www.realestate.com.au/sold/property-apartment-nsw-mosman-128264030" target="_blank">The 1/2e Mosman Street, Mosman Bay</a> sale price was not disclosed, but it reportedly topped the $8.4 million paid in 2015 for apartment 3, two levels above.
It was however confirmed as a new record for the lower north shore suburb secured by the Quill family.
They paid $6.7 million when the Allen Jack + Cottier-designed building, Watermarque was developed in 2008 by Rodney Hills and Hugo van Krestchmar. The developer duo demolished two brown brick apartment buildings holding eight apartments.
Fairfax Media reported a local downsizing couple purchased the apartment through Belle Property.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Mosman's $10 million plus Watermarque apartment record

<html><body>
A Mosman waterfront trophy home listed between $17.5 million and $18.5 million has sold after being on the market for three weeks through Ray White. 
John Blewitt, one of the pioneers of the financial planning industry, and his wife Rana secured the sale of one the few waterfront reserve homes in Beauty Point.
Complete with tennis court and pool on its 1600 square metre holding, the distinctive 835 square metre residence was built in 1997 when designed by architect Mike Alexander. 
Its three wings branch off a circular entry foyer that makes the most of the views from its position on the promontory. 
The Bay Street last traded in 2010 for $11 million when sold by from Julie Pash, widow of Sydney Turf Club chairman and Swans director Graeme Pash.
</body></html>

Mosman waterfront sells for $18 million plus

<html><body>
The Mosman home of veteran company director Roy Woodhouse and wife, Virginia has been listed for sale.
Woodhouse served as the deputy chairman at the property group, Charter Hall Group until 2013.
He was best known for his time as the chairman of Knight Frank Asia Pacific.
<a href="https://www.realestate.com.au/property-house-nsw-mosman-128127118" target="_blank">The Grecia Lane home</a>, once known as Caisleal, has been renovated by architect Walter Barda since the couple bought it from the king of daytime television Mike Walsh.
The work was undertaken about 15 years ago.
The property was bought for $2.6 million in 2000. I recall the impresario had $2 million-plus expectations through Ken Jacobs of Christie's in conjunction with McGrath's John McGrath.
It was the passing of Andy Walsh's labrador, that paved the way for the sale decision.
Given its makes the most of its north-easterly aspect, the current listing agent John Sullivan at Sullivan Real Estate has given buyers a $5.75 million to $6.25 million price guidance.
There is direct access from the bottom of the garden to Rosherville Reserve with a short walk across to Chinamans Beach.
Followers of the Mosman property merry-go-round still await settlement details of the year's top sale when the Balmoral Slopes home home of REA Group board member and former Foxtel chief executive Richard Freudenstein and his wife Jane sold, setting an all-time high for the lower north shore.
A sold sign went up on in February, just three weeks after the sales campaign for the trophy home was launched with $25 million price hopes.
The sale of the non-waterfront residence, set on the high side of Burran Avenue.
This article first appeared in The Sunday Telegraph. 
</body></html>

Veteran company director Roy Woodhouse lists in Mosman

<html><body>
The former Foxtel chief executive Richard Freudenstein and his wife Jane have snappily sold their Mosman mansion reportedly for around $23 million, setting a record for the lower north shore suburb.
The sold advisory went up on its online marketing late this morning, just three weeks into the campaign, but no price was advised.
It was listed with $23 million to $25 million hopes.
<div>The non-waterfront seven bedroom Burran Avenue offering, overlooking Balmoral Beach, likely almost doubled the $12.75 million paid for it in 2006.</div>
<div> </div>
<div>The likely sale price of the 1650 sqm offering tops Mosman’s recent $22.45 million set when property developer Bryan Rose bought his Beauty Point waterfront estate from Chinese interests.</div>
<div>
The sale has likely bettered Mosman’s previous high of 2007 when $22.5 million was paid for a harbourfront by then developer Albert Bertini, with that property then resold in 2011 partly renovated, for $19 million to its next-door neighbour, Ros Oatley.
</div>
 
</body></html>

Mosman

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Mosman

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News