Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Neutral Bay

<html><body>
The Oaks, Neutral Bay, hotelier Andrew Thomas, who bought Cassandra Thorburn and Karl Stefanovic’s $9 million home on the Cremorne waterfront, has now listed in Neutral Bay.
Cossington, an 1890s Queen Anne-style residence, comes with $8 million hopes.
<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/2019/9/30/neutral%201%201.jpg" alt="">
Thomas, a third-generation hotelier, bought the home in 2000 for $2.55 million from Sydney Rum Distillery chairman David Ward and his wife Dr Michele Ward.
His subsequent $1 million renovation and extension by architect Jorge Hrdina was a finalist in the NSW Architecture Awards in 2014.
The sandstone residence was originally designed by pioneer architect Howard Joseland for lawyer Ernest Smith.
<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/2019/9/30/neutral%202%201.jpg" alt="">
It was the childhood home of one of the nation’s most important painters, Grace Cossington Smith. Raine &amp; Horne founder Tom Raine once owned the home.
Thomas and his partner, the food public relations operative Catherine Slogrove who runs Papaya Agency, will have slightly further to travel from their new home to The Oaks, where Thomas (pictured above) has been the long-time publican.
<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/2019/9/30/neutral%203%201.jpg" alt="">
But it’s just 2 kilometres rather than the 800 metres currently.
The hotel has been in the Thomas family since 1975 when his father purchased its lease from the now defunct brewing company Tooth &amp; Co.
This article was first published in the Saturday Daily Telegraph.
</body></html>

firstname1-iYD4UYzvBa

The Oaks hotelier Andrew Thomas lists Neutral Bay trophy Cossington

<html><body>
The Neutral Bay apartment of the popular actor Cornelia Frances is being sold by her only son, Lawrence, following her death earlier this year.
The longtime Home And Away star, known for her hardened persona in her many television roles, bought the apartment in 1999 for $335,000.
The two-bedroom Aubin Street apartment in the tightly held 1970s L'Hirondelle complex sits in landscaped gardens.
The first-floor unit features an upgraded kitchen and an L-shaped living space which opens out onto a full-width entertainers terrace.
Janet Morrison and Jon Snead at The Agency are marketing the apartment for a September 29 auction.
A recent two-bedroom, one bathroom sale in the complex fetched $1.2 million.
The property has been styled, with a large portrait of Cornelia Frances hanging as a tribute to his mother.
The English-born actor migrated to Australia in the 1960s, and was briefly Australia's first female newsreader on Perth television.
She starred in Nine's The Young Doctors as nurse Sister Grace Scott, before playing Barbara Hamilton on Seven's Sons and Daughters.
From the late 1980s she played sharp-tongued judge Morag Bellingham, sister of Alf Stewart, for nearly three decades on Home And Away.
The six-time Logie nominee hosted the quiz show The Weakest Link in the early 2000s.
She published her autobiography titled And What Have You Done Lately?
"She touched so many people's hearts on and off the screen," Lawrence told mourners at her funeral.
"No matter what role she played from Morag, to mother, or friend she genuinely had the ability to make us both laugh and cry."
This article first appeared in The Sunday Telegraph. 
 
</body></html>

Late actor Cornelia Frances' Neutral Bay apartment to go under the hammer

<html><body>
The luxury waterfront trophy home at 3 Baden Road, Neutral Bay is set to smash the lower north shore residential price record.
It comes with a buyer’s guide of $35 million.
Owners Vonnie and Bill Wavish have put their 878sq m four level waterfront residence on the market with Ray White Lower North Shore agents Geoff Smith and Richard Harding through an expressions of interest campaign.
"There’s strong demand in the super luxury property market in Sydney right now and this property is set to create a new benchmark,” Mr Smith said.
Built on the edge of the Sydney Harbour, 3 Baden Road is a five bedroom contemporary masterpiece with views on all four levels of the Opera House and the Harbour Bridge.
Mrs Wavish said her goal was to create a large Californian style home, with interiors assisted by Greg Natale.
“I sourced the furnishings mainly from California which is relaxed yet confident and classic.
"This is a home that is made for parties and entertaining and we have had some fantastic celebrations."
<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/2018/8/28/NEUTRAL%20BAY%202.jpg" alt="">
A major feature of the home is a four storey back-lit travertine marble wall which adjoins the floating glass and marble staircase.
The couple plan to downsize and travel more, now that the last of their children have left school.
Wavish has worked in New Zealand, Hong Kong and Australia and was executive director of Woolworths supermarkets.  In retirement the couple have focused on various indigenous charities including the National Indigenous Culinary Institute, which Mr Wavish co-founded.
<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/2018/8/28/NEUTRAL%20BAY%203.jpg" alt="">
 
</body></html>

Record hopes for Wavish waterfront luxury home at Neutral Bay

<html><body>
Colliers International have listed a $20 million plus Neutral Bay development site.
It has been listed by eight strata owners.
They have banded together to capitalise on the scarcity of available development land on Sydney's Lower North Shore.
It is a "land rich" offering at 85 Kurraba Road, some 1,454 square metre with an R4 High-Density Residential zoning and 12-metre height limit.
It was "perfect for those looking to construct a luxury boutique development with city and harbour views only a short stroll to Kurraba Point Ferry Wharf", Guillaume Volz of Colliers International.
It is being market with offers closing July 18.
Banding together regularly achieves double the value of a single unit, Colliers suggest.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/14/Neutral%20Bay_070518_14_preview.jpg" alt="">
“We’ve seen a growing trend for properties with underutilised land surrounding established unit blocks on the North Shore,” says Joseph George at Colliers International.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Eight Neutral Bay strata owners combine to offer amalgamated holding

<html><body>
The Neutral Bay home of Belle Magazine editor Tanya Buchanan has been listed with $1.9 million hopes.
It is a <a href="https://www.realestate.com.au/property-house-nsw-neutral+bay-127867254" target="_blank">three-bedroom, two-bathroom Federation semi</a> located midway between the Hayes Street ferry wharf and Military Road shops.
The Undercliff Street residence has white-washed timber floors, high ceilings and original fireplaces.
<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/2018/4/4/bell3.jpg" alt="">
There is a whole-floor loft bedroom with stunning views and ensuite.
Its stainless steel kitchen includes a 900mm gas cooktop and oven. 
The property goes to auction on April 14, through Belle Property of course.
</body></html>

Belle Magazine editor Tanya Buchanan lists at Neutral Bay

<html><body>
ABC news presenter Juanita Phillips and partner, retired Labor government minister Greg Combet, have sold their Neutral Bay home in double quick time.
The 1910s Federation cottage has been transformed under their ownership. It is now a charming freestanding home, updated with contemporary interiors.
Phillips paid $1.71 million for the three bedroom home property with home office in 2015. Combet took a 10 percent stake in the home last year costing $185,000.
A partially covered alfresco entertaining deck overlooks the manicured gardens which feature a self-contained studio. 
The home spent just 17 days on the market with McGrath agents Piers van Hamburg and Nicole Grady-Combes.
They had a guide of around $2 million, cheaper than the $2,275,000 median price of a three bedroom home in Neutral Bay 
Phillips and Combet have been together since 2012. 
This article was first published in the Daily Telegraph.
 
</body></html>

jrobinson-rf4aSBido9

ABC news presenter Juanita Phillips sells Neutral Bay home

<html><body>
The Channel Nine boss Hugh Marks is whispered to have snapped up a $2 million Neutral Bay investment apartment.
The three bedroom Hughview Avenue apartment has Harbour Bridge view and water glimpses.
There had been $1.8 million pre-auction price guidance.
The early 1970s apartment last sold in 2013 at $1.3 million fetched just above the suburb's three bedroom $1,775,000 median.
Marks owns a bungalow in nearby Artarmon that he bought for $765,000 in the late 1990s. He has investment apartment in Mosman and Surry Hills, totalling over $1.5 million.
He has been boss of Nine since 2015, with his previous roles including CEO of the Southern Star Group.
This article first appeared in the Daily Telegraph.
 
</body></html>

Channel Nine boss Hugh Marks buys Neutral Bay pad

<html><body>
Julia Zaetta, the Better Homes and Gardens editor, has secured an apartment in Neutral Bay.
The boss of one of Australia's favourites magazines paid $1.45 million for the unit in the leafy Southern Cross Gardens complex.
It had previously traded for $960,000 in 2014 and was most recently listed as a $950 a week rental before its off market sale to Zaetta. 
The three bedroom, two bathroom apartment features an over-sized balcony with North Sydney skyline views.
There have been four sales above $1.4 million in the past year in the 1976-build complex.
The Mildura-born Zaetta moved from Melbourne to Sydney when her magazine career began with Australian Home Journal.
Zaetta has also worked on Family Circle, New Woman and The Australian Women's Weekly.
Under her editorship, Better Homes and Gardens has been named Australian Magazine of the Year on three occasions.
Zaetta, who has been a regular panelist on Sunrise as one of Kochie's Angels, has studied at the New York School of Interior Design. 
This article first appeared in The Sunday Telegraph.
</body></html>

Better Homes and Gardens editor Julia Zaetta buys in Neutral Bay

<html><body>
The Neutral Bay home of Lola Crossingham, founder of Flavour of India restaurants, has been listed for sale.
McGrath Neutral Bay agent Gareth Richards has the three bedroom residence offering, which hash harbour views from its Kurraba Point vantage point.
<a href="https://www.realestate.com.au/property-townhouse-nsw-neutral+bay-124161466" target="_blank">The Penshurst Avenue abode</a> is being offered with a $3.85 million to $4.15 million price guidance.
Lola was founder and operator of Flavour of India restaurants in Glebe and Edgecliff, which she ran successfully for more than two decades before selling to retire six years ago.
Prior to this she was the director of advertising at Sussan Corporation in which she headed the wildly successful 'This Goes With That' campaign.
It was in her 20s that Crossingham got a passion for real estate with the purchase, renovation and subsequent sales of property.
"Since then, I have completed countless major renovations with many of the houses being included in magazine editorials," she said.
These days her time is spent between my home in rural northern NSW and her home in Bali.
"I do not see myself walking away from the possibility of future property ventures," she said.
This article first appeared in The Sunday Telegraph.
</body></html>

jchancellor-FAypfDUnLy

Neutral Bay home of Flavour of India founder listed

<html><body>
NAB board director Phil Chronican has bought the Georgian-style Neutral Bay residence of property investor Denis Ellerker.
The Kurraba Point home sold for $7.7 million to Chronican who owns in Melbourne's Armadale after selling in The Residence, Darlinghurst.
The 1920s Neutral Bay home, with makeover by Michael Suttor and Michael Love, sold through Belle Property’s Tim Foote and Sotheby’s Michael Pallier.
Bought by Ellerker in 1980 for $397,500, it came with an initial asking of more than $9 million last October.
The Shellcove Road home, with tennis court, has gardens by Tony Ward Landscape Design on its 1460 sqm holding. 
Ellerker has bought in Darling Point, paying $11 million for the arts and crafts-style penthouse in the Babworth Estate sold by the widow of the late Macquarie Bank co-founder David Clarke.
</body></html>

Neutral Bay

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Neutral Bay

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News