There’s a quiet patch of <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, between the bustle of Glenferrie Road and the curve of the Yarra, that rarely sees change, and even more rarely, new apartments. But that’s exactly where <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a> is planting Kooyongkoot: a deliberate, 18-residence answer to the question of what downsizers actually want.

“This is something this pocket of Hawthorn has never seen before,” says Fil Gacesa, head of sales at PQD. “<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> will deliver just 18 large-scale apartments in the heart of Hawthorn. It is the true definition of resort-style living.”

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/59D7VxzltmM?si=1iCzRD7FRneKryfv" title="YouTube video player" width="560"></iframe>

That scale is central to the story. It’s what allows for two dedicated lift cores, short corridors, and a generous lightcourt that draws natural ventilation and sunlight into every residence. It’s also what makes room for the sort of amenity usually confined to high-density towers: a fully equipped wellness centre with infrared and traditional saunas, yoga and pilates studio, cold therapy shower, and treatment room. There’s a golf simulator, car and dog wash stations, and extensive storage too, not bolted on, but baked in from the start.

But more than the checklist, it’s the design intent that carries weight. “This project has been many years in the making,” says Mark Pomeroy, Director of PQD. “Not just in planning, but in listening, to what our buyers and the local community are looking for”.

[smartcode_project:default project_id=102717 project_image_fid=355289]

That listening shows up in the materials, oak floors, natural stone, V-ZUG appliances, and in how space is handled. Penthouses feature private rooftop terraces with pools. Terraces and garden residences embrace outdoor connection. Inside, the layouts skew large and open, geared for hosting, not just housing.

Architecturally, <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>’s approach is grounded. There’s no reaching for spectacle here. Instead, the building offers a sculptural calm, anchored by landscaping from Eckersley Garden Architecture.&nbsp;

“We wanted to create spaces that feel expansive, serene, and meaningfully connected to daily life,” said founding partner Chris Stribley elsewhere.

[smartcode_project:default project_id=102717 project_image_fid=355304]

That sentiment, calm, connection, echoes in the location itself. Kooyongkoot sits just a short stroll from Central Gardens, Fairview Park, and the Rivoli Cinema. Tram lines and schools are close, but the street is tucked, quiet, and leaf-lined.&nbsp;

“Residents of Kooyongkoot will be a short stroll from Fairview Park, Central Gardens, and the Glenferrie Road retail strip," Gacesa notes, "but you're also cocooned in this peaceful pocket behind extensive landscaping by Eckersley Garden Architecture.”

Kooyongkoot is set for completion in late 2026.

[smartcode_project_cta:default project_id=102717]

Staff Writer

The project that said no to compromise: Inside Kooyongkoot, Hawthorn

When long-time Ivanhoe locals Graeme and Catherine, decided it was time to downsize, they weren’t necessarily in a rush.&nbsp;

Like many in their stage of life, they had started thinking about apartment living, but anticipated making the shift in two to three years.

That timeline changed when they visited <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela</a>, a new boutique development by <a href="https://www.urban.com.au/developers/salter-brothers">Salter Brothers</a>. The project ticked all the boxes they were looking for: location, quality design, and long-term lifestyle benefits, which prompted them to bring their decision forward.

“It was the right place at the right time,” they said. “We knew immediately it ticked all the boxes, and we didn’t want to wait.”

[smartcode_project:default project_id=342 project_image_fid=358855]

Their decision to downsize was driven by a combination of practical needs and lifestyle considerations. Their existing home, while much loved, had become increasingly difficult to maintain. It spanned multiple levels, included extensive front and back gardens, and was starting to show the wear that comes with age.&nbsp;

They were looking for a more manageable lifestyle, one with less upkeep and more freedom. A brand-new apartment with no maintenance requirements and the ability to simply “lock up and leave” gave them peace of mind and a greater sense of control over their future.

Financially, the purchase made sense as well. The available stamp duty savings, strong price-to-value offering, and timing of the settlement suited their plans, making the transition smoother and more cost-effective. The apartment's design and inclusions further supported their choice.

[smartcode_project:default project_id=342 project_image_fid=357493]

The layout was both functional and flexible: three bedrooms, a butler’s pantry, a separate laundry, and a large open-plan living area. It gave them the freedom to host a family, accommodate guests, or set up a home office. The expansive balcony and elevated views added to the appeal, providing a sense of openness and connection to the outdoors.

“It just had a really good flow,” Catherine noted, something they found lacking in many other apartments they’d considered, particularly in the established market.

Candela’s boutique scale was another deciding factor. With a smaller number of residences and a top-floor penthouse position, the couple felt the development offered the privacy and space they were looking for, without feeling isolated.

“We liked that it wasn’t a huge development. It felt well-balanced, modern but still with a sense of community, not overwhelming,” they said.

[smartcode_project:default project_id=342 project_image_fid=357508]

Equally important was the ability to remain in Ivanhoe, a suburb they know well and have deep roots in. After 46 years in the area, proximity to local parks, shops, and familiar faces mattered just as much as the apartment itself.

“We didn’t want to give up the community we’ve known for decades. Candela allowed us to upgrade our lifestyle while staying in the place we call home.”

With a Walk Score of 90, the village location supports a convenient, connected lifestyle. <a href="https://www.apartments.com.au/developments/ivanhoe-vic-3079">Ivanhoe</a> Station is just a eight-minute walk away, and the neighbourhood offers access to parks, cafes, restaurants, and schools along Upper Heidelberg Road, all within easy reach.

Beyond the apartment, the couple also saw value in the broader vision for Candela, one that integrates residential living with public spaces and local amenities.&nbsp;

The development introduces 58 new apartments as well as a mix of commercial and social spaces that integrate contemporary architecture with the suburb’s existing character.&nbsp;

At ground level, residents will find a charming café and a lifestyle wellness centre, perfect for unwinding and rejuvenating. Meanwhile, the rooftop garden offers a stunning vantage point for residents to enjoy breathtaking sunsets, host gatherings, or enjoy barbecues with family and friends. It's not just a place to live; it's a vibrant community where every moment is an opportunity to connect and create lasting memories.

[smartcode_project_cta:default project_id=342]

Why Ivanhoe locals are choosing to downsize to Candela

Mark and Roy Makari are expanding their presence in Sydney’s South West with a second major proposal for Leppington, this time envisioning a 900-dwelling mixed-use development just 850 metres from their previously lodged tower trio on Fifth Avenue.

Project management and construction management firm Creative Vision filed the plans for the&nbsp;multi-building project at <a href="https://www.apartments.com.au/new-apartments/230-rickard-road-leppington-nsw-2179">230 Rickard Road, Leppington</a>. The proposal seeks to establish a new focal point for the precinct through a high-density, transit-oriented development supported by diverse land uses.

According to the Scoping Report prepared for the Department of Planning, the scheme includes around 900 apartments across multiple towers, including 135 dwellings designated for affordable housing. A mix of market and subsidised apartments will be supported by ground-level activation through retail and office space, a childcare centre, and a hotel, forming a comprehensive urban precinct.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="34797362-f3dc-4d84-8235-2657fc5f3bde" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Plan.png?VersionId=Uzckrz9tUpDQl5lX1_WMhjnv16bsr8wG" />

The Design Report by <a href="https://www.apartments.com.au/architects/studiosc-0">Studio SC</a> notes that the project “intends to deliver a high-quality, high-density built form that supports the vision for the Leppington Town Centre, integrating mixed-use outcomes and public domain upgrades.” The development is expected to be delivered in stages, although a precise timeline is yet to be confirmed.

The project will be assessed through a future State Significant Development Application, with the Scoping Report indicating the team will seek design excellence via a competitive process or through an expert design review panel. Early massing diagrams suggest a series of mid- to high-rise buildings framing a central landscaped spine, with emphasis on pedestrian permeability and public space.

The planning documentation flags a strong sustainability agenda, stating that the development will “respond to the urban heat island effect, incorporate water sensitive urban design, and prioritise active transport”.

<img alt="Mixed Use Development 230 Rickard Rd Leppington" data-entity-type="file" data-entity-uuid="369d7b54-1279-4cde-88ec-dcb215594414" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Podium_1.png?VersionId=QArL7B2kkLt63vl5xvL0FNV_ardAlez4" />

The proposal follows in the footsteps of the Makaris’ nearby Fifth Avenue site, where they’ve submitted plans for three towers comprising nearly 500 apartments, with 10 per cent dedicated to affordable housing. That project features commercial podiums, a childcare centre, and a new public park that would occupy more than a third of the site.

Both developments are situated within walking distance of Leppington Train Station and fall under strategic precinct plans promoting higher density housing. The town centre is undergoing substantial transformation, driven by state government planning reforms aimed at fast-tracking housing delivery.

Together, the two projects represent a combined ambition of nearly 1,400 new homes across just under two kilometres of central Leppington.

First look: 900-home mixed-use precinct planned for Leppington

Leading Australian integrated property development group, <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a>, has released the signature penthouses crowning its landmark AURA by Aqualand precinct at 168 Walker Street in North Sydney, unveiling Il Magnate and La Divina as the largest and most luxurious penthouses in the suburb.

With prices anticipated to commence from $15 million, and each accompanied by a new Porsche Carrera 911 valued at over $500K, the residences mark the culmination of <a href="https://www.apartments.com.au/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a>’s decade-long journey and the beginning of its final sales chapter. 
&nbsp; 
Their release follows more than $850 million in record-breaking residential sales and the building’s completion and occupation.

[smartcode_project:default project_id=30959 project_image_fid=358868]

The Richards Stanisich-designed 284 sqm Il Magnate and 224 sqm La Divina penthouses, collectively known as The Icons of AURA, are conceived as grand luxury homes rather than apartments, with expansive proportions, elevated materiality and curated identities that reflect their status as one-off residences.&nbsp;

Il Magnate features a grande master suite, complete with substantial walk-in dressing area and ensuite, three other bedrooms, second ensuite and another bathroom, powder room, open plan kitchen, scullery, substantial dining area and generous living room divided by a feature fireplace, and a multifunction wintergarden, which is ideal for a study and adjoining office breakout space. &nbsp;

Meanwhile, the La Divina residence offers the same amenities, sans the powder room, on a slightly smaller alternate floor plan configuration.

[smartcode_project:default project_id=30959 project_image_fid=358863]

Each occupies half of AURA by Aqualand’s topmost 28th level, comes with four secure car spaces and pairs sweeping Sydney Harbour panoramas with large-scale living spaces, refined detailing and a level of craftsmanship and amenity rarely offered in the North Shore market.&nbsp;

Penthouse residents will also receive Etymon’s ‘Black Key’ private concierge and lifestyle management service, an invitation only offering providing the ultimate in bespoke personalisation, including a range of everyday discrete services, from dinner party management, grocery deliveries, pet feeding or plants watered, dinners, snacks and coffee deliveries, event ticket sourcing, right up to organising travel visas and international airfares. Rarely seen in Australian properties, the service provides residents the benefits of living in a world-class luxury hotel-style home, akin to The Ritz, or the Waldorf Astoria.

[smartcode_project:default project_id=30959 project_image_fid=358862]

<a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>’s Director, Kirsten Stanisich, said the studio set out to craft residences that feel profoundly considered, contemporary and deeply connected to their setting.

“From the outset, we approached these penthouses with the sensibility of a grand Parisian residence - generous in scale, elegant in proportion and designed to feel more like a handcrafted home than an apartment," Stanisich said.

“Their elevated position and sweeping harbour outlook informed every decision, creating a rare connection between urban sophistication and natural calm. We shaped each space with expressive materiality, sculptural forms and bespoke detailing that invite touch and interaction.&nbsp;

“The result is a pair of residences defined by volume, light and an inherent softness - refined, flexible and deeply personal. These penthouses are unlike anything else in North Sydney, offering a sanctuary of true luxury framed by some of the city’s most remarkable views.”

For Aqualand’s Head of Sales &amp; Marketing, Alex Adams, the collaboration with Porsche underscores the shared ethos behind the residences.

“Aqualand’s collaboration with Porsche underpins both brand’s sharing an obsession with craftsmanship, design excellence, and enduring value," Adams said.

“Our penthouses are created for those who appreciate the finer details and expect the extraordinary at every touchpoint. Including a Porsche simply extends that experience beyond the residence - it’s a continuation of the lifestyle our buyers already live.”&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=292862]

Aqualand’s Managing Director, Jin Lin, said the penthouses represent both the pinnacle of AURA by Aqualand and an important design benchmark for the company’s future pipeline.&nbsp;

“These stunning penthouses reflect the purest expression of Aqualand’s design ambition," Lin said.

“The unparalleled design intent makes them not only the glistening crown of AURA by Aqualand, but the crown of North Sydney itself. They’re essentially a thank you gift to a burgeoning community that deserves this level of quality and architectural consideration.&nbsp;

“We’re leveraging the unrivalled standard set here as the foundation for what comes next, including our upcoming Anderson Street, Chatswood; 15 Blue Street, North Sydney and Central Barangaroo projects. Purchasers of these penthouses will essentially be living inside the blueprint of Aqualand’s future.

“These landmark residences demonstrate how far North Sydney has evolved and the strength of demand for highly curated, bespoke luxury homes. They’re more than penthouses, they’re legacy residences.&nbsp;

“With AURA by Aqualand now a thriving new precinct with residents well and truly settled, and our in-house world-class lifestyle amenity activated, Il Magnate and La Divina represent a once-in-a-lifetime opportunity to secure an extraordinary piece of North Sydney’s future.”

[smartcode_project_cta:default project_id=30959]

Joel Robinson

Aqualand launches North Sydney penthouses with free Porsche Carrera 911

<a href="https://www.apartments.com.au/developments/bokarina-qld-4575">Bokarina</a> Beach has quietly evolved into one of the Sunshine Coast’s most complete coastal lifestyle precincts, defined not just by proximity to the ocean, but by how residential living, local retail and everyday amenity are stitched together.&nbsp;

Gardner Vaughan Group’s <a href="https://www.apartments.com.au/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina-qld-4575">Bask Bokarina</a> now represents the final residential chapter in that transformation.

[smartcode_project:default project_id=141609 project_image_fid=333360]

Over recent years, the Bokarina Beach precinct has taken shape as a walkable, community-oriented neighbourhood, anchored by beachfront access, Lake Kawana to the west, and a growing mix of cafés, specialty retail and public open space.&nbsp;

With Zinc Bokarina already delivered next door by <a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG), Bask is the last opportunity to buy a brand new apartment within the precinct, effectively rounding out a fully formed coastal village.

GVG has positioned Bask to strengthen that lifestyle framework. Ten ground-floor retail spaces are planned beneath the residences, extending Bokarina Boulevard’s existing activity and reinforcing the area’s everyday convenience, from casual dining and coffee to local services, within a short walk of the beach.

[smartcode_project:default project_id=141609 project_image_fid=333359]

The residential component comprises 135 apartments across two buildings, Mydas and Caretta, with a clear shift toward larger three- and four-bedroom layouts and penthouses. That mix reflects a maturing buyer profile in Bokarina, where demand is increasingly led by owner-occupiers and active downsizers seeking space, permanence, and connection to place rather than short-term coastal accommodation.

Design and amenity have followed the same logic. Residents will have access to a heated plunge pool, gym, private dining room with a full kitchen, landscaped communal gardens with barbecues and a firepit, and a shared herb and vegetable garden, facilities intended to support daily use rather than resort-style turnover. Pet-friendly features, including a dog wash bay, acknowledge both buyer expectations and the area’s dog-friendly beach, located around 250 metres from the site.

[smartcode_project:default project_id=141609 project_image_fid=333366]

“Bokarina has become one of the Sunshine Coast’s most desirable beachside communities, and Bask represents the very last chance to buy new in this location,” GVG Director Sam Gardner said.&nbsp;

“Our focus has been to create spacious, functional apartments that meet the needs of locals who want to downsize without compromise, as well as those seeking a full-time coastal retreat.”

Positioned between the Pacific Ocean and Lake Kawana, Bask apartments have been oriented to capture outlooks toward the water or the Glass House Mountains, reinforcing the project’s connection to its natural surroundings. With parks, beachfront paths, hospitals, retail and public transport already in place, Bask arrives at a point where the broader precinct is no longer emerging, but established.

Construction is expected to complete in Q3 this year, with apartments ready to move into this Spring.

[smartcode_project_cta:default project_id=141609]

Bask to complete Bokarina’s Sunshine Coast lifestyle precinct as final apartments are released

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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zfielding-GvX3Uq9KTa

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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