<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

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;

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

National

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A recently launched investment tool is giving self-managed superannuation fund members access to invest in real property with a lower capital outlay.
The Fractional Property Investment Platform, released by DomaCom in early March, allows investors to buy shares in any property on the market through an Australian Securities and Investments Commission-registered managed investment scheme (MIS).
“We are targeting the SMSF sector because that’s the sector that we know wants to invest,” DomaCom general manager of sales and marketing Warren Gibson said.
The average SMSF balance was just over $1 million at the end of the December 2013, according to Australian Taxation Office data. The median balance for the funds is around half that figure.
Gibson told Property Observer that the high cost to buy real estate meant most SMSFs wishing to invest in the asset class had to borrow to do so or invest through a syndicate or managed fund. Funds that did not wish to borrow risked having an undiversified portfolio.
“Syndicates are costly to set up, once you are in the syndicate you are there for the duration and there’s no liquidity for the structure. What we set about doing was introducing equity market concepts into the product,” Gibson said.
Investors can choose from the 18,320 properties already been listed on the Fractional Property Investment Platform, or request that any other property for sale be included. Around 17,000 of the properties currently listed are residential, 1,000 are commercial and 300 are rural.
The company aims to increase the number of listing to around 100,000 by the end of the year and eventually have all properties for sale listed, Gibson said.
After selecting a property, the investor bids on what proportion they would like to hold and a price range they believe it is worth.
The platform allows them to create a book build to buy the property with other investors who also wish to purchase a stake. When enough investors have joined the book build to account for the expected full value, DomaCom engages a buyers’ agent to acquire the property. Property valuers and conveyancers are also engaged.
After purchase, the property is placed into an MIS with sub-accounts set up for each investor. Rent and property-related costs are allocated to each investor in proportion to their holding.
The minimum amount to open an account is $20,000 but investors can put as little as $2,000 into each property.
Management fees to DomaCom are around 1% a year.
Gibson said the DomaCom platform also offered a secondary market where investors could sell their holdings in the MIS to others.
Investors can only access the structure through financial planners, who must be accredited to advise on the products.
DomaCom is also working on a product that will allow home owners to sell part of the equity in their property to investors. Gibson said the company hoped to release that product in the third quarter of this calendar year. 
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New tool allows SMSFs to buy shares in properties

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A preliminary auction clearance rate of 78.0% was recorded across the combined capital cities this week having increased from 77.3% last week. There were 1,777 auction results reported this week with a total of 2,205 scheduled auctions showing that auction volumes have remained virtually unchanged when compared to the previous week (2,268). In comparison, over the same week last year 66.6% of the 1,991 homes taken to auction sold.
<a href="/images/2015/06/29/shana1.jpg" target="_blank">Click to enlarge</a>
 <img src="/images/2015/06/29/shana1.jpg" alt="" width="820" height="620">
The preliminary auction clearance rate across Melbourne was 78.5% this week, down from the previous weeks final result of 79.3% and stronger than at the same time last year (68.3%). So far this year, Melbourne’s weekly auction clearance rate has been, on average, 10.6 per cent higher than over the comparable week one year ago. Across Melbourne’s individual sub-regions, the strongest preliminary clearance rate this week was across the North East region at 85.8%, followed closely by the Inner East region where the preliminary clearance rate was 85%.
 
<img src="/images/2015/06/29/20150628-Melbourne.jpg" alt="" width="796" height="539">
There were 887 Sydney homes taken to auction this week and a preliminary clearance rate of 83.5% across 747 results. Over the previous week, the final auction clearance rate was 82.4% with 862 auctions held across the city. At the same time last year, 71.1% of the 861 homes taken to auction recorded a successful result. This week, the strongest sub-region performance across Sydney’s sub-regions was the Ryde region, with 90.6% of the reported results clearing at auction.
<img src="/images/2015/06/29/20150628-Sydney.jpg" alt="" width="811" height="556">
Brisbane’s preliminary clearance rate was 51.1% this week, compared to 52.2% last week and 42.2% at the same time last year. Across Brisbane, a total of 140 auctions were held this week which is higher than last week (128), but lower than at the same time last year (153).
<img src="/images/2015/06/29/20150628-Brisbane.jpg" alt="" width="801" height="539">
 
Adelaide hosted 81 auctions this week and across the 48 reported results, CoreLogic RP Data’s preliminary auction clearance rate is 70.8%. Last week, Adelaide’s clearance rate was 63.5% across 83 auctions in the city, while at the same time last year 62.7% of the 79 homes taken to auction were sold.
<img src="/images/2015/06/29/20150628-Adelaide.jpg" alt="" width="844" height="566">
For Perth, the number of homes taken to auction this week was 29, less than last week (47) and last year (39). Meanwhile, Perth’s clearance rate of 57.1% this week was higher than last week (38.9%) and last year (50.0%.
Across Canberra 72 homes were taken to auction this week and the preliminary clearance rate across 32 auctions was 81.3 per cent.
There were 22 auctions across Tasmania this week, with 10 successful results out of the 20 reported.
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smiller-vwPjRHTkST

National auction clearance rate rises: CoreLogic RP Data's Shana Miller

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It was a very good long weekend for at least 10 sellers who secured the highest property prices in the country.
Property Observer looks at the top 10 sales of last week, according to <a href="https://www.myrp.com.au/" target="_blank">RP Data</a>.
<ol>
<li>
<a href="https://www.realestate.com.au/property-house-nsw-clontarf-116474835" target="_blank">9 Peronne Avenue, Clontarf, NSW</a> <img src="/images/2014/06/11/1.jpg" alt=""> Designed by architects Smith &amp; Tzannes, this contemporary waterfront home fetched $6.95 million this weekend. It was sold through Richardson &amp; Wrench Seaforth. The four bedroom home was purchased by the vendors for $4.6 million in 2003. 
</li>
<li>
<a href="https://www.realestate.com.au/property-house-nsw-hunters+hill-116923699" target="_blank">1 Gladstone Avenue, Hunters Hill, NSW</a>
<img src="/images/2014/06/11/2.jpg" alt=""> This five bedroom, four bathroom sandstone home sold for $4.975 million through Ward Partners Hunters Hill. The trophy home with views to the harbour bridge underwent renovations 10 years ago and has a contemporary extension at the rear. Although it was the second highest sale of the weekend, the vendors made a loss on the property – they paid $6 million in 2011.
</li>
<li>
<a href="https://www.realestate.com.au/property-house-nsw-leichhardt-116876611" target="_blank">27 Marlborough Street, Leichhardt, NSW</a>  <img src="/images/2014/06/11/3.jpg" alt=""> The Victorian fire station sold by banker Ashley Salter and Paspaley Pearls creative director Christine Salter <a href="/news/leichhardt-forges-another-residential-record-for-former-fire-station">broke Leichhardt’s property sale record</a>, securing $3.05 million. They purchased the home for $2.45 million in 2007, a record at the time for the suburb. It was sold through Ray White Annandale.</li>
<li>
<a href="https://www.realestate.com.au/property-house-qld-runaway+bay-112684419" target="_blank">46 Shearwater Esplanade Runaway Bay, QLD </a>
<img src="/images/2014/06/11/4.jpg" alt="">
This triple storey, seven bedroom home sold for $2.575 million. The home with panoramic views over Broadwater was sold through Ray White Sovereign Islands. The property saw a half million dollar price cut, after being on the market for two and a half years with a listing price of $3.095 million. It was purchased by the vendors for $1.75 million in 2003.
</li>
<li>
<a href="https://www.realestate.com.au/property-house-nsw-double+bay-116949303" target="_blank">40 Epping Road Double Bay, NSW</a>
<img src="/images/2014/06/11/5.jpg" alt="">
This modest three bedroom home sold in Double Bay sold for $2.31 million through Living Here Double Bay. The house had remained in the owner’s possession for over 80 years.
</li>
<li>
<a href="https://www.realestate.com.au/property-apartment-nsw-sydney-116869267" target="_blank">A202 'Alexander' Globe Street, Sydney, NSW </a>
<img src="/images/2014/06/11/6.jpg" alt="">
An apartment in nine storey Alexander building at the waterfront promenade of the <a href="/expert-insights/buying/harbourfront-barangaroo-apartment-developments-stoke-significant-anticipatory-interest">upcoming Barangaroo development</a> sold for $2.31 million last week through McGrath Estate Agents. 
The two bedroom apartment has a 122 square metre layout, with 22 square metres of al fresco dining space.
</li>
<li>
<a href="https://www.realestate.com.au/property-house-nsw-coogee-116847451" target="_blank">337 Rainbow Street, Coogee, NSW </a>
<img src="/images/2014/06/11/7.jpg" alt="">
This three bedroom Coogee home was sold for $2.2 million at auction by Laing &amp; Simmons Bondi Junction. Set on 487 square metres of land, the home has coastal water views.
</li>
<li>
<a href="https://www.realestate.com.au/property-house-vic-mount+waverley-116962835" target="_blank">5 Neva Court, Mount Waverley, VIC</a>
<img src="/images/2014/06/11/8.jpg" alt="">
A brand new five bedroom home secured $2.039 million before it was due to be auctioned. It was sold through Ray White Glen Waverley. The 893 square metre plot was purchased by the vendors just last year for $856,500 dollars.
</li>
<li>
<a href="https://www.realestate.com.au/property-apartment-vic-port+melbourne-116950147" target="_blank">803/147 Beach Street, Port Melbourne, VIC</a>
<img src="/images/2014/06/11/9.jpg" alt="">
With three bedrooms and two bathrooms, this waterfront apartment sold for $2 million through Lucas Real Estate Agent Docklands after 25 days on the market. The Port Melbourne unit was purchased for $890,000 in 2001.
</li>
<li>
<a href="https://www.realestate.com.au/property-house-nsw-paddington-116821279" target="_blank">7 Macdonald Street, Paddington, NSW <img src="/images/2014/06/11/10.jpg" alt=""> </a>
Sold through Raine &amp; Horne Double Bay, this three bedroom house secured $1.925 million. The single fronted home is spread over three levels, with separate self-contained accommodation on the ground level. It was purchased by the vendor for $902,500 in 2001.
For more information on these properties, go to <a href="https://www.myrpdata.com/" target="_blank">myRPData.com</a>.
</li>
</ol>
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jrichardson-uRX5hFdKfN

The 10 most expensive sales of the week: RP Data

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National housing affordability declined in the December quarter, affecting nearly all states and territories, a new report has found.
Victoria and the Northern Territory were the only places where affordability increased, research from the Real Estate Institute of Australia (REIA) and Adelaide Bank found.
Tasmania was the hardest hit, said REIA President Adrian Kelly.
“Rental affordability, for the quarter, marginally declined across the country,” Kelly said. 
“With the exception of New South Wales, Victoria and Tasmania, rental affordability declined in all states and territories with the largest decline in the Northern Territory. 
“Victoria was the only state or territory in which both housing affordability and rental affordability improved. “Despite the Christmas break, the number of loans has increased across the country by 3.3%, with increases in all states and territories except Queensland. 
Kelly said during the quarter, the number of loans to first home buyers has increased, with increases in all states and territories.
The number of loans to first home buyers as a proportion of all loans has also increased over the quarter.  “Tasmania, the Northern Territory and the Australian Capital Territory all had relatively large increases in loans to first home buyers,” Kelly said.  
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jonathanchancellor-7SQnKwU6yx

National housing affordability takes a hit in December quarter

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GUEST OBSERVATION
Last Friday, the Australian government released its first report on our progress towards meeting the United Nations’ Sustainable Development Goals by 2030.
These 17 goals are a call to action to ensure economic prosperity and social inclusion, while protecting the planet. They cover issues ranging from health to reducing inequalities and clean energy.
According to the report, Australia has made some steady progress towards most of our goals.
However, to achieve the goals in just 12 years from now, we need transformative actions. These are missing in the report. Without a strong vision and new models of partnership between government, industry and communities, we will not meet the 2030 deadline.
What the report says
In 2015, most of the world’s nations signed up to the United Nation’s 2030 Agenda. In July this year, Australia will present its first voluntary review of progress towards the goals at the UN. These reviews are a crucial component of accountability.
Australia’s Voluntary National Review (for which I facilitated a consultation workshop to give input from the university sector) is a showcase of policies, actions and initiatives from across different sectors that are, in the report’s language, “relevant” to achieving the goals.
The report highlights that Australia is a prosperous and generally healthy country. But it also acknowledges significant challenges, such as improving the health and prosperity of Australia’s Aboriginal and Torres Strait Islander peoples, and helping workers in the resources or manufacturing sectors who are facing technological and industrial transitions.
The report highlights that local councils, statutory authorities, businesses and universities are taking actions that are explicitly aligned with the global goals. For example, a number of Australian universities have signed a commitment to the goals and are including the 2030 Agenda in their curricula.
However, no sector has fundamentally changed its practices in response to the Sustainable Development Goals, nor embedded the goals into its core business.
At the national level, there has been limited specific engagement with the goals. Most of the national policies outlined in the report were developed for other reasons, and some have been around for years or decades. Examples are the National Disability Strategy, which dates back to pre-2010, or the National Drought Policy, which began in 1992. In other words, at the national level, the report emphasises what we have already been doing – not new initiatives explicitly related to the goals.
Notwithstanding success stories from across different sectors, the reality is that we will not be able to meet the goals in just 12 years on a business-as-usual trajectory. Instead, we need transformative plans across all sectors.
What is transformative change?
Sustainable development, as opposed to conventional development, involves big systemic transformations. Let’s use the example of clean energy.
Taking carbon out of our energy system is not simply about using wind and solar instead of coal. It involves big changes in how we consume energy, in manufacturing technologies and in the ways governments help (or hinder) the adoption of new technologies and practices. It requires systemic transformation, rather than incremental improvements.
Research into systemic transformation has identified a range of factors for making change happen. Two critical factors are creative decision-making and strong partnerships across disciplines and sectors. If we are serious about achieving the Sustainable Development Goals by 2030, we need to act now.
Transformative decision-making
Conventional decision-making favours the status quo and is largely risk-averse. It can cope with small incremental changes, but not big ones. In transport, for instance, we often tend to augment or replicate existing infrastructure – building another highway, for example – rather than innovating by trying to get people out of their cars.
Conventional decision-making also prefers to react: we often wait for a crisis situation and then quickly respond. This almost always favours short-term over long-term benefits.
Transformative decision-making, on the other hand, is proactive and takes deliberate actions to shape a desired future. It works toward a long-term vision and doesn’t shy away from uncertainty and complexity along the way.
As Australia’s review correctly acknowledges, the Sustainable Development Goals are all about “longstanding, complex policy challenges with no simple solutions”. Solving complex problems requires a great deal of innovation and experimentation. We need governments, businesses and communities to be willing to try new things, even if they occasionally fail.
Developing partnerships
Improving the lives of people and the planet requires myriad skills, tapping into various networks and reaching out to all segments of society.
Universities, for instance, often play a key role in analysing problems, developing new solutions and providing the evidence base that a solution actually works. But it is only through partnering with communities, businesses and policy organisations that they can put these solutions into practice.
The Voluntary National Review has highlighted the role of cross-sectoral partnerships. What is missing is a plan for fostering the partnerships that can enable substantial change in just 12 years.
<img src="https://counter.theconversation.com/content/98457/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">As Australia prepares to present our progress report at the 2018 UN High Level Political Forum in July, we need more critical assessment of our performance. How can we start doing things differently to be able to celebrate achieving these ambitious global goals in 2030?
Shirin Malekpour, Research Leader in Strategic Planning and Futures Studies, Monash Sustainable Development Institute, Monash University
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/australia-must-embrace-transformation-for-a-sustainable-future-98457" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

Australia must embrace transformation for a sustainable future

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EXPERT OBSERVATION
Over the March 2018 quarter, national data shows that dwelling values were down by 0.5%, however digging below the surface reveals the modest fall in values was confined to the most expensive quarter of the market.
The most affordable properties increased in value by +0.7% compared to a +0.3% increase across the middle market and a -1.1% decline across the most expensive properties.
Over the past year, dwelling values within the least expensive quartile increased by +0.7%, middle 50% values were +2.7% higher and top 25% values were +0.1% higher.
With value growth slowing, the trends of the past are being repeated with the most expensive properties experiencing the most rapid slowdown in value growth.
During the growth phase, it was these same properties that were also recording the highest rate of capital gain.
Of course trends vary substantially across the country.
The stratified hedonic index measures the change in values across three broad value based segments of the housing market: the most affordable 25% of properties, the middle 50% of properties and the most expensive 25% of properties. The Index provides valuable insight into how different segments of the market are performing.
<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/2018/4/12/national%20corelogic.jpg" alt="">
Sydney Over the past 12 months, the most expensive properties have recorded the largest value falls (-5.7%) followed by the middle market (-0.9%) and the most affordable market managed some moderate growth (+0.6%).
Regional NSW The trends were somewhat different outside of Sydney, with the strongest annual growth recorded in the middle 50% (+5.6%), followed by the low 25% (+4.1%) and top 25% (+3.7%).
Melbourne Values have increased over the past year across each segment of the market, with the most moderate increases recorded across the most expensive segment (+1.6%), then the middle 50% (+6.2%) while the most affordable suburbs have recorded double-digit growth (+11.3%).
Regional Vic Outside of Melbourne, the most expensive suburbs have recorded the strongest value growth (+4.7%) followed by the middle suburbs (+3.2%) and finally the most affordable suburbs where values were +2.4% higher.
Brisbane Annual growth has been quite moderate however, the middle valued suburbs recorded the strongest growth (+1.1%) followed by fairly similar growth rates across the most affordable suburbs (+0.9%) and the most expensive suburbs (+0.8%).
Regional Qld The most expensive suburbs were the only ones in which values increased over the past year (+2.4%), with values lower over the middle (-0.8%) and affordable (-3.5%) market segments.
Adelaide Each sector of the market recorded growth over the past year with the greatest increase across the middle market (+1.5%) with the affordable and expensive segments each recording growth of +0.8%.
Regional SA Values have declined across each market segment over the past year with the biggest falls across the most expensive suburbs (-4.2%) followed by the middle market (-1.2%) and the most affordable market (-0.2%).
Perth Values have fallen over the past year across each market sector with the largest declines across the most affordable properties (-4.4%) followed by the middle market (-3.2%) with the most expensive properties recording the most moderate value falls (-2.4%).
Regional WA The most expensive regional properties have recorded the most moderate value falls over the past year (-3.8%) while the middle (-6.4%) and least expensive (-7.5%) market segments have experienced much greater value falls.
Hobart The strongest performing market for value growth has recorded value increases across each segment, the greatest of which has occurred across the most affordable properties (+13.9%) followed by the middle market (+11.6%) and the most expensive market (+10.5%).
Regional Tas Values are climbing across each segment with the greatest annual growth recorded across the most affordable segment (+8.1%) followed by the middle market (+5.5%) and finally the most expensive properties (+2.7%).
Darwin The city has experience substantial value falls over the past year, the largest of which have occurred for the most expensive properties (-9.0%) followed by the middle market (-8.2%) and the most affordable suburbs (-6.8%).
Regional NT Values have increased over the past 12 months for the most affordable properties (+2.9%) while they have fallen across both the middle (-0.6%) and the most expensive properties (-0.7%).
Canberra The most affordable suburbs have recorded the slowest annual growth over the past year (+1.7%) followed by the most expensive properties (+1.9%) and the middle market (+2.6%).
The data highlights, that particularly within the housing markets which have recorded the strongest value growth over recent years (Sydney and Melbourne) that growth across the premium housing sector is slowing more rapidly than the other sectors.
This mirrors the experience in other recent housing market slowdowns/downturns whereby it is the most expensive suburbs which slow first and have experienced the larger downturns.
Hobart and regional Tasmania are seeing values grow at a rapid pace and it is interesting to note that the growth in the market is being led by more affordable properties with the relatively expensive housing lagging in terms of growth.
In Perth and Darwin where the housing markets have been in a downturn for many years different trends are emerging. Perth is showing more signs of a recovery than Darwin and it appears the improvement in Perth is being driven by premium housing.
By comparison, in Darwin where the market shows few signs of improvement the most expensive properties are showing the greatest weakness.
The headline figures tell a broad story about the housing markets performance while the stratified hedonic index highlights the importance of also taking a more micro look at the market.
The data shows that even within cities there are very different trends at play between the affordable and expensive properties which is important to understand.
 <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/2018/4/12/corelogic%201%20.jpg" alt="">
<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/2018/4/12/corelogic%202.jpg" alt="">
<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/2018/4/12/corelogic%203.jpg" alt="">
<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/2018/4/12/corelogic%204.jpg" alt="">
Cameron Kusher heads research at CoreLogic.
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ckusher-ujnxiKuFQs

Expensive properties' price growth slowing the most: Cameron Kusher

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The CoreLogic Pain and Gain Report is a quarterly analysis of residential properties which were resold over the quarter.
It compares the most recent sale price to the previous sale price in order to determine whether the property sold at a gross profit or gross loss.
It provides a proxy for the performance of each housing market and highlights the magnitude of profit or loss the typical seller of a home makes across those regions analysed.
Over the June 2016 quarter, 9.5% of all dwellings resold recorded a gross loss when compared to their previous purchase price. This figure was higher than the 9.3% at the end of the first quarter this year and the highest proportion recorded since March 2014. Across those dwellings which resold at a loss over the quarter, the total value of loss was $459 million with an average loss of $73,009.
Given less than 10% of homes resold at a loss over the quarter, more than 9 out of every 10 homes resold for more than their previous purchase price. Across these sales, the total profit was recorded at $15.7 billion and an average profit of $262,550 per resale. Also important to note is that over the quarter, 29.4% of resold homes transacted for more than double their previous purchase price.
The data also highlights the fact that ownership of property, whether for investment or owner occupier purposes, should be seen as a long-term investment. Across the country, those homes that resold at a loss had an average length of ownership of 6.3 years.
Across all sales recording a gross profit the average length of ownership was recorded at 10.3 years, while homes which sold for more than double their previous purchase price were owned for an average of 17.7 years.
The capital city housing markets continue to record a lower proportion of loss-making resales than regional areas of the country. The trends in regional areas are shifting with the proportion of loss-making resales trending lower in most areas linked to tourism and lifestyle.
On the other hand, housing markets linked to the resources sector are generally seeing an elevated level of loss-making resales after housing market conditions in many of these locations have posted a sharp correction.
National overview
Nationally, 9.5% of all houses and units resold over the June 2016 quarter, transacted for a lower price than they were previously purchased for. The 9.5% of resales at a loss was up from 9.3% at the end of the March 2016 quarter and the highest proportion of loss-making resales since March 2014.
Although the instance of loss-making resales has increased a little, the vast majority of homes continue to sell for prices above the previous purchase price.
The split between resales of capital city and regional homes shows that the proportion of loss-making resales is much lower in capital cities (7.1%) than in regional areas (14.1%). Both capital cities and regional areas have recorded a rise in loss-making resales over the quarter, up from 6.9% and 13.3% respectively at the end of March 2016.
Despite the rise over the quarter the proportion of loss-making resales is much lower than recent peaks in both the capital city and regional markets.
Capital cities have consistently recorded a lower proportion of loss-making resales than regional markets since the three months to March 2009. The 7.1% of resales at a loss is the highest proportion for capital cities since the three months to October 2013 and in regional areas the proportion of resales at a loss is at the highest level since the three months to July 2015.
<a href="/images/2016/09/28/Proportion%20of%20loss%20making%20sales%20combined%20capitals%20v%20regional%20markets.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/Proportion%20of%20loss%20making%20sales%20combined%20capitals%20v%20regional%20markets.jpg" alt="">
Homes that sell for less than their previous purchase price are on average held for a shorter length of time than those reselling for a profit which highlights the long-term nature of housing investment.
Over the quarter, capital city dwellings which resold at a loss had been owned for an average of 5.7 years compared to 10.3 years for those sold at a profit and 17.4 years for those selling for more than double their previous purchase price.
Across the regional markets, the average hold period of loss-making resales was 7.0 years compared to 10.3 years for those resold at a profit and 18.4 years for those selling for more than double the previous purchase price.
Nationally there was $458.9 million in realised losses over the quarter at an average of $73,009 and $15.7 billion in realised profit at an average of $262,550. Across the combined capital cities there were $251.3 million in losses at an average of $83,198 compared to $12.8 billion in profit at an average of $321,917.
The combined regional areas recorded $207.7 million in losses at an average of $63,587 compared to $2.9 billion in profit at an average of $144,305. The average losses were greater in the capital cities, however they also generally experienced much greater profits, more than double those in regional areas.
Houses are seeing a proportionately lower number of loss making resales compared to units both across the combined capital cities and combined regional areas of the country.
The proportion of houses resold at a loss across the combined capital cities has increased over the past quarter while unit resales at a loss have remained steady. Over the June 2016 quarter, 5.9% of capital city houses resold at a loss, up from 5.7% over the March 2016 quarter and 9.5% of units resold for less than their previous purchase price.
There has been no recorded period in which capital city houses have recorded a higher proportion of loss-making resales than units.
The June 2016 quarter recorded $164,239,771 in realised losses from resales of capital city houses and $87,017,927 in realised losses from capital city units.
The average loss was recorded at $94,936 for houses and $67,456 for units, with the average loss for houses the highest since the three months to July 2004.
In comparison, there were $9,953,211,125 in realised resale profit for capital city houses at an average of $363,442. For capital city units, total resale profit was recorded at $2,828,164,261 and an average of $229,596.
12.2% of houses and 19.9% of units resold within regional housing markets over the June 2016 quarter transacted below their previous purchase price. These represented the highest proportions of total resales at a loss since the three months to August 2015 for houses and the three months to February 2016 for units.
The regional housing markets recorded $139,475,875 worth of house resales at a loss over the June 2016 quarter and $68,199,797 units resold at a loss over the quarter. The average losses were recorded at $64,423 for houses and $61,944 for units.
Looking at resales turning a profit in regional Australia over the June 2016, there were $2,400,837,922 in realised profits for houses and $475,731,130 in profit for units. The average profits were recorded at $154,773 for houses and $107,680 for units.
<a href="/images/2016/09/28/Proportion%20of%20loss%20making%20resales%20combined%20capital%20cities%20houses%20v%20units.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/Proportion%20of%20loss%20making%20resales%20combined%20capital%20cities%20houses%20v%20units.jpg" alt="">
The proportion of loss-making resales has increased across each capital city except Melbourne and Canberra over the most recent three months. While the proportion of loss-making resales has generally risen, on an historic basis most cities are still seeing quite a low instance of homes reselling at a loss.
The exceptions are Perth and Darwin where the proportion of loss-making resales are at or close to historic highs. In Perth, an historic high 20.1% of homes resold at a loss and in Darwin 24.2% of homes resold at a loss, the highest proportion since December 2002.
<a href="/images/2016/09/28/Proportion%20of%20total%20resales%20at%20a%20loss%20over%20time.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/Proportion%20of%20total%20resales%20at%20a%20loss%20over%20time.jpg" alt="">
The proportion of loss-making resales over the June 2016 quarter across the remaining capital cities was recorded at: 2.4% in Sydney, 4.4% in Melbourne, 8.4% in Brisbane, 10.6% in Adelaide, 10.8% in Hobart and 9.6% in Canberra.
Across the non-capital city markets the proportion of loss-making resales has increased over the quarter in New South Wales, Victoria, Queensland and Western Australia, is unchanged in South Australia and has declined elsewhere. Across the individual areas, the proportion of resales at a loss over the quarter were recorded at: 7.3% in regional NSW, 9.3% in regional Vic, 19.8% in regional Qld, 21.7% in regional SA, 33.8% in regional WA, 19.6% in regional Tas and 21.2% in regional NT.
<a href="/images/2016/09/28/Proportion%20of%20total%20resales%20at%20a%20loss%20over%20time%202.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/Proportion%20of%20total%20resales%20at%20a%20loss%20over%20time%202.jpg" alt="">
Get the full report <a href="https://www.corelogic.com.au/news/file-download?id=56fe4d38-98f3-4f82-b763-e91283945def" target="_blank">here</a>
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Vast majority of homes continue to sell at prices above previous purchase prices: CoreLogic

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Australia’s international reputation for innovative architecture has been reinforced with this year’s Australian Institute of Architects’ National Architecture Awards receiving more than 890 entries across 14 categories.
From a diverse and hugely competitive field, the 2016 jury has shortlisted 79 projects out of 209 entries deemed eligible following the extensive Chapter Award program held earlier in the year.
Immediate Past President and 2016 national Jury Chair Jon Clements described the projects as ‘exceptional and inspiring’, and said they had sparked much debate among jury members Rodney Eggleston, Abbie Galvin, Stuart Vokes and Fenella Kernebone.
‘These prestigious awards provide an unparalleled opportunity to showcase the extraordinary talent of Australian architects,’ Mr Clements said.
‘The evolution of the profession, coupled with the creativity and commitment of our architects continues to raise the bar in design and leading practice.
‘We have identified a number of projects that delivered admirable outcomes from limited means. These projects highlight the enduring value of architecture and the clear and demonstrable public benefit dividend it delivers. Invention is often explored over fashion and clear commitments to client aspirations, and environmental and social sustainability, are paramount.’
Shortlisted projects include a destination winery, a grass-roots inspired regional art gallery, a converted fire station and a record number of standout homes that explore new possibilities.
Members of the public will once again have the opportunity to vote for their favourite residential project in the People’s Choice Award that launches on World Architecture Day, Monday 3 October. All winners will be announced at an evening ceremony hosted by Fenella Kernebone on Thursday 3 November at the Ivy Ballroom, Sydney.
Shortlisted projects:
Commercial Architecture (9)
5 Martin Place (NSW) by JPW &amp; TKD architects in collaboration
<img src="/images/2016/09/22/AHL%20HQ%20-%20Commercial.jpg" alt="">
AHL Headquarters - 478 George Street (NSW) by Candalepas Associates Alex Hotel (WA) by spaceagency architects (Pictured above)
Ben Chifley Building (ACT) by francis-jones morehen thorp
Cape York Partnership Offices (QLD) by Kevin O'Brien Architects
Devil's Corner (TAS) by Cumulus Studio
Emporium Melbourne (VIC) by The Buchan Group with Wonderwall Ormuz Specialist Eye Clinic (QLD) by Loucas Zahos Architects
South Australia Drill Core Reference Library (SA) by Thomson Rossi
Educational Architecture (7)
Geelong Grammar School, School of Performing Arts &amp; Creative Education (VIC) by Peter Elliott Architecture + Urban Design
<img src="/images/2016/09/22/Innovation%20Building%20-%20Educational.jpg" alt="">
Learning Innovation Building at the University of Queensland (QLD) by Richard Kirk Architect (Pictured above)
Ngoolark Student Services, ECU Joondalup (WA) by JCY Architects &amp; Urban Designers
St Columba's Catholic Primary School (NSW) by Neeson Murcutt Architects Pty Ltd
The Mandeville Centre, Loreto Toorak (VIC) by Architectus
University of Queensland Oral Health Centre (QLD) by Cox Rayner Architects with Hames Sharley and Conrad Gargett Riddel
UNSW Materials Science &amp; Engineering Building (NSW) by Grimshaw
Enduring Architecture (3)
<img src="/images/2016/09/22/Heidell%20-%20Enduring.jpg" alt="">
Heide II (VIC) by McGlashan and Everist (Pictured above)
Perth Concert Hall (WA) by Howlett and Bailey Architects
Rivendell (ACT) by Laurie Virr Architect
Heritage (6)
5 Martin Place (NSW) by JPW &amp; TKD architects in collaboration
<img src="/images/2016/09/22/Bayside%20Fire%20Station%20-%20Heritage.jpg" alt="">
Bayside Fire Station (QLD) by Owen Architecture (Pictured above)
Lennox Bridge Portals (NSW) by Hill Thalis Architecture + Urban Projects and Design 5 Architects
The Old Clare Hotel (NSW) by Tonkin Zulaikha Greer
The State Buildings (WA) by Architect: Kerry Hill Architects, Heritage Architect: Palassis Architects
Tonsley Main Assembly Building and Pods (SA) by Woods Bagot and Tridente Architects
Interior Architecture (6)
Canberra Airport Hotel (ACT) by Bates Smart
<img src="/images/2016/09/22/Geloong%20Library%20-%20Interior.jpg" alt="">
Geelong Library &amp; Heritage Centre (VIC) by ARM Architecture (Pictured above)
Mills, The Toy Management House (VIC) by Austin Maynard Architects
Minter Ellison (NSW) by BVN
Oggi (SA) by studio-gram
University of Queensland Oral Health Centre (QLD) by Cox Rayner Architects with Hames Sharley and Conrad Gargett Riddel
International Architecture (7)
Australian Memorial Wellington (New Zealand) by Tonkin Zulaikha Greer with Paul Rolfe Architects
Australian Pavilion, Venice (Italy) by Denton Corker Marshall
China Mobile Office Suzhou (China) by JPW
National Gallery Singapore (Singapore) by studioMilou Singapore with CPG Consultants The Lalu Hotel Architecture, Qingdao (China) by Kerry Hill Architects
The Lalu Hotel Interior, Qingdao (China) by Kerry Hill Architects
Vanuatu (Vanuatu) by Troppo Architects
Public Architecture (6)
Break O'Day Community Stadium (TAS) by Edwards + Simpson
City of Perth Library and Public Plaza (WA) by Kerry Hill Architects
Geelong Library &amp; Heritage Centre (VIC) by ARM Architecture
Kempsey Crescent Head Surf Life Saving Club (NSW) by Neeson Murcutt Architects Pty Ltd St Andrews House (NSW) by Candalepas Associates
The Condensery - Somerset Regional Art Gallery (QLD) by PHAB Architects
Residential Architecture – Houses (Alterations and Additions) (6)
Camino House (WA) by Bosske Architecture
Chapel Hill House (QLD) by Reddog Architects Pty Ltd
Darlinghurst Rooftop (NSW) by CO-AP (Architects)
Jenny's House (TAS) by Rosevear Stephenson
Mills, The Toy Management House (VIC) by Austin Maynard Architects Project Zero (QLD) by BVN
Residential Architecture – Houses (New) (8)
Deepdene House (VIC) by Kennedy Nolan
Deepwater (NSW) by Tobias Partners
Five Yards House (TAS) by Archier
Granville Residence (QLD) by Richard Kirk Architect
House in Hamilton (QLD) by phorm architecture + design with Tato Architects Indigo Slam (NSW) by Smart Design Studio
Point Lonsdale House (VIC) by NMBW Architecture Studio Rosalie House (QLD) by Owen Architecture
Residential Architecture – Multiple Housing (4)
10 Wylde Street (NSW) by SJB
Knutsford / Stage 1 (WA) by spaceagency architects
Monash University Logan Hall (VIC) by McBride Charles Ryan
No 17 Danks (NSW) by SJB
Small Project Architecture (4)
Bath House (QLD) by Stephen de Jersey Architect
Garden Gallery (NSW) by panovscott Architects
Maidstone Tennis Pavilion (VIC) by Searle x Waldron Architecture
Wilston Garden Room (QLD) by Vokes and Peters with Owen and Vokes and Peters
Sustainable Architecture (5)
Northern Beaches Christian School (NSW) by WMK Architecture
Project Zero (QLD) by BVN
Tonsley Main Assembly Building and Pods (SA) by Woods Bagot and Tridente Architects
<img src="/images/2016/09/22/UQ%20Oral%20Health%20-%20Educational.jpg" alt="">
University of Queensland Oral Health Centre (QLD) by Cox Rayner Architects with Hames Sharley and Conrad Gargett Riddel (Pictured above)
Western Business Accelerator and Centre for Excellence (BACE) (VIC) by Six Degrees Architects
Urban Design (4)
5 Martin Place (NSW) by JPW &amp; TKD architects in collaboration
Bowen Place Crossing (ACT) by Lahznimmo Architects
Lennox Bridge Portals (NSW) by Hill Thalis Architecture + Urban Projects Liberty Place (NSW) by francis-jones morehen thorp
COLORBOND® Award for Steel Architecture (4)
Devil's Corner (TAS) by Cumulus Studio
South Australia Drill Core Reference Library (SA) by Thomson Rossi
<img src="/images/2016/09/22/The%20Condensary%20-%20ColorBond.jpg" alt="">
The Condensery - Somerset Regional Art Gallery (QLD) by PHAB Architects (Pictured above)
The State Buildings (WA) by Architect: Kerry Hill Architects, Heritage Architect: Palassis Architects
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Shortlist for Australia’s highest architecture honours unveiled

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Yesterday, Property Observer shared Onthehouse’s data for Sydney’s top streets with $1 million plus properties, in regards to the percentage of houses valued at this amount.
In fact, <a href="/news/nsw/23-4-of-sydney-metro-properties-over-1-million-here-s-the-richest-street">almost 25% of Sydney’s metro properties were valued at $1 million</a> and upwards.
We don’t want Sydney to have all the fun. Onthehouse have also shared the mainland states and territories’ top streets with the highest percentages of houses over $1 million.
Here are the seven streets you should know about:
<img src="/images/2014/08/26/onthe-aug-26-one.jpg" alt="">
Source: Onthehouse.com.au
Which street were you most surprised about? 
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