A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

Joel Robinson

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Developer <a href="https://www.apartments.com.au/developers/auyin-property-development">Auyin</a> is the latest to turn to the Victorian Government's Development Facilitation Program in an effort to secure approval for its long-planned, mixed-use project in Elsternwick.

In 2018, Auyin lodged plans with Glen Eira City Council for a 14-storey building, however Council approved a reduced eight-storey scheme. A subsequent VCAT appeal in 2019 upheld the eight-storey height limit.

The project was later amended to nine storeys, but Auyin is now seeking to revive something closer to its original vision. The developer argues that the planning context has evolved significantly over the past decade, particularly within the Elsternwick Activity Centre, where higher-density development has increasingly been encouraged along Glen Huntly Road.

The proposal would transform the 1,239 sqm site at <a href="https://www.apartments.com.au/new-apartments/7-12-horne-street-elsternwick-vic-3185">7-15 Horne Street</a>, opposite Elsternwick Railway Station, into a 13-storey residential and retail development designed by CBG Architects, with 40 apartments

The site currently comprises three commercial properties.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="5f465dd4-509b-4082-a669-0253b313914b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20podium.png?VersionId=72frWi0SmQ5AVJ3ARRhX5ILUYObhTm7x" />

The proposed apartment mix comprises 25 two-bedroom and 15 three-bedroom residences above 200 sqm of retail space at ground level. Residents would have access to a 90 sqm wellness facility, a 351 sqm communal indoor and outdoor terrace on the third level, and extensive landscaped areas throughout the development. A publicly accessible 135 sqm plaza would be created on the north-east corner of the site, providing seating, landscaping, and a new gathering space adjoining Horne Street.

The design adopts a four-storey podium that references the finer-grain character of the surrounding streetscape, with the upper tower recessed behind generous setbacks on all boundaries.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="e637e763-2abc-4c34-a0aa-5c7ad36fae18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20open.png?VersionId=J1AoOpZgTyaF.KeeFSX6lMjEScX8KKRi" />

A key element of the proposal is the reconfiguration and widening of the surrounding laneways. Vehicle access would be retained from Lois Lane, with upgraded pedestrian connections linking Ross Street and Horne Street. The development would provide 58 residential car spaces, two retail car spaces, and 52 bicycle spaces across two basement levels and ground-floor facilities.

Architecturally, the building draws inspiration from the established character of Elsternwick Village. The façade combines dark charcoal brickwork, textured concrete, bronze-toned metal detailing, and extensive planting integrated into podium and tower levels. The design also incorporates a chamfered corner treatment and publicly accessible plaza intended to strengthen pedestrian activity around the station precinct.

Elsternwick's last new development completion was&nbsp;EVA Elsternwick by Pitard late last year. <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> is working away on its nature-led neighbourhood, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, on Gordon Street, with its first stage expected to complete next year.

First look: Auyin seeks mixed-use apartment project in growing Elsternwick Activity Centre

<a href="https://www.apartments.com.au/new-apartments/otium-parkdale-123-125-como-parade-east-parkdale-vic-3195">Otium Parkdale</a>, the 13-residence boutique development by&nbsp;<a href="https://www.apartments.com.au/developers/huxtable-property">Huxtable Property</a>, has entered its final stages of delivery, with completion expected within the coming month and more than half of the residences sold.

The Como Parade East project is nearing the finish line at a time when opportunities to purchase new apartments in <a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> remain exceptionally limited. Fewer than 10 per cent of dwellings in the bayside suburb are apartments, making developments like Otium a relatively rare addition to a market traditionally dominated by detached housing.

[smartcode_project:default project_id=134974 project_image_fid=5427]

The three-level development comprises 13 residences, including ten two-bedroom apartments and three larger three-bedroom homes, all positioned above a secure basement car park.

Designed by <a href="https://www.apartments.com.au/architects/almeida-architects">Almeida Architects</a> with a strong connection to its coastal surroundings, Otium combines red brick, exposed concrete and dark metal detailing with integrated landscaping and greenery. Expansive glazing, generous balconies and terraces have been incorporated throughout the design to maximise natural light and reinforce indoor-outdoor living.

Inside, the residences feature engineered European oak flooring, natural and reconstituted stone benchtops, Bosch kitchen appliances, ducted heating and cooling, lift access and secure entry systems. The larger three-bedroom residences on the upper level have been designed with house-like proportions, while the two-bedroom apartments prioritise functionality, flexibility and low-maintenance living.

[smartcode_project:default project_id=134974 project_image_fid=5421]

The project is now in its final stages, with <a href="https://www.apartments.com.au/builders/labco">Labco</a> completing the remaining landscaping and external finishing works following the completion of the residences' interiors.

Otium's location within the heart of Parkdale continues to underpin its appeal. Residents will be just steps from local cafés, restaurants, shops and the newly elevated Parkdale Station, while the beach is less than a kilometre away.

With the project tracking ahead of schedule, buyers can currently secure a residence with a five per cent deposit and benefit from settlement terms of up to eight months. The advanced stage of construction also provides buyers with the opportunity to walk through the near-complete residences and experience the quality and finishes firsthand ahead of completion.

[smartcode_project_cta:default project_id=134974]

Otium Parkdale enters final month before completion as rare apartment opportunity nears sellout

A new boutique apartment development is entering the market in <a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a>, with Brisbane-based developer <a href="https://www.apartments.com.au/developers/ausdev">Ausdev</a> bringing 33 residences to a well-connected pocket of Brisbane's north.

<a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">Parkdrive Apartments</a>, at 25 Sammells Drive, will comprise a mix of one- and two-bedroom residences positioned within walking distance of Westfield Chermside, The Prince Charles Hospital, and Bradbury Park.

Established in 1989, Ausdev has a long-standing presence across both development and construction, with Parkdrive Apartments representing its latest residential project in Brisbane's northern suburbs.

[smartcode_project:default project_id=152125 project_image_fid=363778]

The development has been designed around open-plan living and natural light, with residences featuring stone benchtops, timber cabinetry, BOSCH appliances, and private balconies that extend the living areas outdoors.

Kitchens are positioned as the centrepiece of the homes, incorporating natural material palettes and integrated appliances, while bathrooms have been designed with a focus on functionality and understated finishes.

Residents will have access to a communal barbecue and entertaining area on Level 3, providing shared outdoor space within the development. Secure parking and lift access are also incorporated into the building.

The project will deliver a limited collection of 33 apartments, with one-bedroom residences priced from $749,000.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Beyond the building itself, the location places residents within easy reach of several of Chermside's key amenities. Bradbury Park is around 350 metres away, while Westfield Chermside is approximately 1.3 kilometres from the site. The Prince Charles Hospital is located within 750 metres, and the Chermside Bus Interchange is around 1.5 kilometres away, providing connections across Brisbane.

Parkdrive Apartments adds to the growing residential pipeline in Chermside, a suburb that continues to evolve as a major retail, healthcare, and transport hub for Brisbane's north.

[smartcode_project_cta:default project_id=152125]

Ausdev introduces boutique Parkdrive Apartments to Chermside's growing centre

<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Noosa

A record $16.1 million was paid at auction for a luxury Noosa apartment.

It was the top selling auction result among the 669 apartment auctions held over the past week, according to CoreLogic, which put the national success rate at 70 percent.

There was a national $807,000 median apartment sale.

There were the four phone bidders at the auction of the three-level Hastings Street apartment, located within the late 1980s Hastings Park complex.

Friday afternoon&rsquo;s auction was held by Tom Offerman Real Estate.

The four-bedroom, four-bathroom apartment came with northerly views to Little Cove and First Point.

<img alt="" height="789" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hastings_st_2.jpg" width="1200" />

It has been tightly held having last sold in 2004 at $4.5 million, and before that for $790,000 in 1993.

It was among the last sold in the 1989-built terraced complex of nine apartments.

Designed by John Dimitriou Architects (JDA), the terraced complex took four years to sell out for its Noosa Heads developer Brian Wood.

&ldquo;Apartments of this calibre commanding such presence, rarely come to market,&rdquo; noted selling agent Rebekah Offerman.

&ldquo;Hastings Park&rsquo;s history of back-to-back year-round bookings makes this a judicious one-off investment opportunity,&rdquo; she added.

<img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hastings_st_3.jpg" width="1200" />

Its peak season nightly rate has been $3100.

The price surpassed the previous record Noosa apartment sale of $14m in February last year elsewhere on Hastings St.

The Queensland auction apartment record was set this year at $15.25 million when the Soul penthouse at Surfers Paradise went to May auction.

The Noosa LGA has clocked over 70 apartment sales over $2m so far this year, compared to 55 apartment sales over $2m last year, above the 41 secured during 2019, according to CoreLogic.

The Noosa LGA has had over 70 apartment sales over $2m so far this year

jchancellor-FAypfDUnLy

Record $16.1 million luxury Noosa apartment auction

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Lynette Rex, wife of the former Ramsay Health Care chairman Chris Rex, is the latest buyer in Noosa.

The Rex’s, who have recently traded Tamarama for a lock-up-and-leave Bondi apartment, have spent $10 million on the Noosa Sound.

It took just one FaceTime inspection through Tom Offermann agent Tom Offermann, who secured the sale off-market.

Created by architect Peter Hull, the Mossman Court home last traded for $5.1 million in 2017. <img alt="" height="1276" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noosa_2.jpg" width="2000"> Through its custom-made timber and glass front door and past the front courtyard, the four bedroom home has three bathrooms, and a home office.

Out the back there’s a deck, which spans to full width of the house and features an alfresco terrace with built in barbecue.

<img alt="" height="1332" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noosa_3.jpg" width="2000">

There’s a private white sand beach and 20 metres of waterfrontage. It was offloaded by the Flynn family, who have owned a home down the road since the late 1990s.

When the home was listed last year for $6.55 million, Tom Offermann agent Nic Hunter told prospective clients to “take the plunge, slip on the sandals and get into holiday mode every day,” calling the property a “dream home”.

"While other markets around the country are patchy Noosa, especially prestige waterfront properties on Noosa Sound, continue to deliver steady, sustainable growth with 15.5% average compound annual capital growth over 41 years."
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Lynette Rex, wife of the former Ramsay Health Care chairman Chris Rex, is the latest buyer in Noosa

Lynette Rex, wife of former Ramsay Health Care boss Chris Rex, spends $10 million in Noosa

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The Queensland auction record was smashed earlier this month with the $9.8 million sale of a Noosa penthouse.
And the out of state buyer activity in coastal Queensland has showed no signs of slowing down, with a Melbourne buyer securing the keys without physically inspecting the $2,075 a night high season holiday let on the exclusive Hastings Street.
<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/2020/NOV/23/La%20Mer%202.jpg" alt="">
The buyer was taken through a number of times on Facetime, and holidays in Noosa every Christmas with the family. They’ve even stayed in La Mer, the beachfront block, before.
The penthouse has three bedrooms  and its own 240 sqm roof terrace. It last sold for $7.2 million in 2018 when it was trading for the first time since 1991, a few years after the block was built. Then it sold for $1.03 million.
<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/2020/NOV/23/La%20Mer%203.jpg" alt="">
Richardson &amp; Wrench Noosa agent Shane McCauley secured the sale in what is Noosa’s second most expensive apartment sale, only behind the $14 million secured down the road earlier this year when Elisabeth Ring, the cashed-up ex-wife of the Swisse Vitamins billionaire Stephen Ring, bought the penthouse atop Noosa Court.
And the sale breaks the former auction record, set late last year <a href="/expert-insights/buying/bulimba-riverfront-takes-brisbane-auction-record-mantle">when a Bulimba riverfront sold for $8.4 million</a>.
 
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jrobinson-rf4aSBido9

Noosa penthouse breaks Queensland auction record

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The Noosa area has quietly clocked up its fourth $10 million plus sale of 2020.
A Noosa Heads riverfront on Mossman Court, built just last year by local go-to building designer Paul Clout, has sold for $10.91 million.
It's been bought by the little-known Karl Wenzel, the South African-born businessman who recently spent $5.28 million on Peppers Ruffles Lodge &amp; Spa at Willow Vale in the Gold Coast hinterland.
Documentation had him give his address as his longtime Mosman home.
There's little detail on Wenzel's most recent purchase, secured off-market through Tom Offermann Real Estate agent Tom Offermann.
A swimming pool sits in a central courtyard, with the main kitchen, living and dining space opening out to the river and private sandy beach.
Clout designed the home after the 610 sqm riverfront property traded for $4.2 million in 2017, then an original four bedroom home.
Mossman Court has been one of Noosa's most expensive streets in the last few years.
There's been 10 house sales over the last 18 months, each selling for at least $4 million.
It's the fourth property to sell for over $10 million in the Noosa LGA in 2020.
First there was the Hastings Street penthouse secured by Elizabeth Ring, the cashed-up ex-wife of Swisse Vitamins billionaire Stephen Ring, for $14 million.
Then Therese Rein bought the Sunshine Beach home Pat Rafter built and in June another Noosa riverfront sold for $11.2 million to Hamell Retail founders Daniel Burke and wife Kylee.
Hamell successfully established main street retail precincts in areas undergoing urban renewal throughout the 90s.
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Noosa riverfront sells for nearly $11 million

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<div>Karl Stefanovic and his wife, Jasmine have bought their first home together... and it's in Queensland.</div>
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<div>The expectant couple have spent $3.6 million at Sunshine Beach on the Sunshine Coast.</div>
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<div>Their purchase is just 200 metres from the water.</div>
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<div><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/2020/4/6/Karl%203.jpg" alt=""></div>
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<div>It was on the market for 420 days before the couple made their whisper quiet purchase last month.</div>
It was the first time the house had been sold since built.
"Perched on an elevated block overlooking Sunshine Beach, it's hard to go past this luxurious abode," the marketing suggested.
<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/2020/4/6/Karl%202.jpg" alt="">
<div>The television presenter last owned in Queensland 15 years ago when he sold his two bedroom home, to make the move south from Paddington, the trendy Brisbane suburb, to Sydney.</div>
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<div>Stefanovic and his then wife, Cassandra Thornburn pocketed $371,500, in 2005 around the time he took over on the Today Show from veteran presenter Steve Liebmann.</div>
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<div>The couple recently moved their Sydney abode, from inland Momsan to rent on Sydney Harbour.</div>
The 2009-built bedroom Sunshine Beach home is on the same street where the tennis champion Pat Rafter previously owned.
The Stefanovic's join the increasing gang of Sydneysiders who have seek the sun up north for their holidays.
The Vaucluse-based Real Housewife Krissy Marsh bought in Noosa recently paying $9.8 million for a luxury home on Noosa Waters (below).
<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/2020/4/8/Marsh%20Noosa.jpg" alt="">
It is not far from the Dover Heights accountant Anthony Bell, who paid a record $10.31 million in 2017 for the waterfront with Kelly Landry as their retreat.
Hollywood start Dan MacPherson also owns at Sunshine Beach, where he has a two-level timber bolthole with ocean views that cost $2.15 million in 2010.
Sunshine Beach currently has $1.95 million median price for four bedroom homes, according to realestate.com.au, reflecting an annual rental yield of 2.3 percent for rental holiday homes.
It is one of the hottest property markets in the country, as based on five years of sales, Sunshine Beach has seen a stellar compound growth rate of 11 percent. 
This article was first published in the Daily Telegraph.
 
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Karl and Jasmine Stefanovic buy Sunshine Beach holiday home

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Noosa's busy apartment market has seen another prestige sale with a $5.5 million beachfront deal.
It was an off market sale of the strip's best known apartment, The Starlight Suite in the Netanya beachfront resort on Hastings Street.
Its whisper quiet sale was through Richardson &amp; Wrench Noosa agents Shane McCauley and Frank Milat.
The three bedroom penthouse with a study and two private terraces had previously belonged to Mike Chapman, the famed songwriter for wrote the words for the Tina Turner hit, Simply the Best.
Chapman bought a one and a two bedroom apartment, before commissioning Joan Moore of JDM Designs to create the combined 145 square metre space with 100 square metres of terraces.
It last sold for $3.65 million in 2014.
Last year the now US-based Chapman sold Cintamani, his redundant Noosa hinterland weekender, for $4.25 million. 
Noosa's busy Hastings Street recently saw a record $8.25 million sale, a three bedroom apartment in Twenty Three Hastings, earlier this year.
There's a record $11 million apartment being sought in the Noosa Court block through Tom Offermann Real Estate agent Roark Walsh.
This article was first published in the Weekend Australian.
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Noosa's Starlight Suite in Netanya sells for $5.5 million

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A Hastings Street apartment on Noosa's priciest beachfront strip has sold for a record $8.25 million.
The three bedroom apartment is in the pricey Twenty Three Hastings block.
It was sold after a very short listing period in August by Tom Offermann Real Estate and beat the former record, held since 2006 when the penthouse in the nearby Noosa Court on Hastings sold for $8.2 million.
The living spaces of the triplex garden apartment comes with pool plus direct beach access.
The listing agent Mal Cox described it as one of the finest apartments he’s had the privilege to market.
The sale comes after the Tom Offermann agency secured $6.1 million for a <a href="/news/buyers-of-6-1-million-hastings-street-noosa-holiday-penthouse-revealed">nearby Hastings Street penthouse</a>.
Tom Offermann says there's a resurgence in beachfront property sales and there’s no sign of it changing soon.
“Noosa Main Beach is one of a very few true north-facing beaches on the east coast of Australia,” Offermann says.
“Noosa has an amenable sub-tropical climate and a town brimful with natural assets which turns holiday makers into property buyers, something I have experienced over 30 years.
The Noosa apartment market recorded the strongest capital growth of any unit market across the country over the last year with values soaring nearly 25 per cent.
"The investment potential speaks only of enviable financial success for those who are fortunate to acquire their piece of Noosa Heads ’hottest real estate.”
 
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Noosa apartment record broken with $8.25 million Hastings Street sale

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Noosa's newest apartment project to hit the market is Infinity.
<a href="https://www.offermann.com.au/217-219-gympie-terrace-noosaville-qld-4829888/" target="_blank">Infinity is a boutique three level block</a> with just the three apartments, located on Gympie Terrace 100 metres from the Noosa Boathouse Restaurant.
They are being marketed as house-sized, penthouse-style offerings by Tom Offermann Real Estate agent Nic Hunter.
The three apartments each span a whole floor which open to a full-width terrace complete with their own private glass walled pool.
They have three bedrooms and three bathrooms and full-height glass windows and doors to take advantage of the water views.
Infinity was designed by Chris Clout with floor plates ranging in size from 368 square metres to 445 square metres.
"The floor plan was designed to direct the eye out to the spectacular wide views of the Noosa River and beyond," Clout said.
He said privacy is retained by directing the focus to the core of the apartment and outward to the north.
"The design from north to south as well as the ability to completely open-up the centre section, gives exemplary natural cross ventilation," Clout added.
"The northerly orientation and tall ceilings allow drenching of natural light, whilst large eaves especially over the wrap-around terraces, provide protection during the hotter months." 
Hunter is asking $4.5 million for each of the apartments. Included in the complex is a gym and sauna.
Hunter says the location of the development is just as good as the product.
"It has the dress circle address of Gympie Terrace which runs parallel to the dog-friendly Noosa River foreshore and gazebo-dotted park, is steps away to some of Noosa's best cafes, restaurants also boutiques; and 10 minutes away is Noosa Heads' famous Hastings Street and the Noosa National Park."
Down the road on Gympie Terrace, Century 21 Noosaville agent Sam Walker and David Conolly are marketing the final apartment in Kalani, another boutique three bedroom development facing the water.
He secured sales of the penthouse apartment, as well as the ground floor.
He is asking $3.5 million for the sub-penthouse in the block which is slated for completion next month.
Designed by Stephen Kidd, each of the whole floor apartments have three ensuited bedrooms and a separate media room and home office.
New developments in Noosa have been in short supply since the building boom of the 1980s and 1990s.
One of the earliest developments in Noosa was Fairshore on Hastings Street. The 27 two bedroom units were sold for around $70,000 in 1976. 
Today the 90 square metre apartments sell for over $3 million as Hastings Street has developed into Noosa's bustling premium tourist strip.
Apartment development was in full swing into the 1980s and 1990s.
Around 50% of Noosa's units were built in the decade after the 1982 Building Units and Group Titles act passed parliament.
Tom Offermann said it prompted a building boom.
"I recall lawyers waiting rooms being packed in the 1980s," he said.
Some of the most notable blocks built around that era were built on the riverfront Quamby Place.
The A.V. Jennings Culgoa Point development of 65 units were selling for around $60,000. One of its apartment has recently broken through the $1 million barrier.
Next door Noosa Harbour Resort was being built by Devine Erby Mazlin, a 69 unit complex and across the road Sun Lagoon's 30 unit development followed soon after.
Offermann says he remembers selling a three bedroom beachfront in La Mer which was developed by a South Australian developer for $225,000.
He suggests today a buyer would have no change out of $7 million.
Noosa's planning laws have aimed to keep the village as a charming beachside tourist spot.
There would be no high-rise buildings, as well as no traffic lights and billboards.
The apartment complexes are limited to two to four storeys. 
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Infinity units for sale in Noosa's limited new development market

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Gabriel Poole has been designing houses on the Sunshine Coast in Queensland for over four decades.
He is well known for his enlightened, lightweight house designs and innovative use of materials, winning the national Robin Boyd award for domestic architecture in 1991 for an innovative tent house from the Australian Institute of Architects.
Then, in 1998, he was awarded its Gold Medal, its highest honour.
The Poole House, designed in 1962 while still a student draftsman in Robin Gibson’s office, was his first home in Brisbane's Sherwood.
He came renown for using the basic design principles of traditional Queenslanders but looking nothing like them.
<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/2019/4/12/poole2.jpg" alt="">
Poole designed <a href="https://www.realestate.com.au/property-house-qld-sunshine+beach-129552670" target="_blank">a home on Seaview Terrace</a>, one of the Sunshine Coast's best streets, which has recently gone under offer. 
Adrian Reed and Darren Neal at Reed &amp; Co Noosaville had a $4.3 million guide.
<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/2019/4/12/poole3.jpg" alt="">
His timeless beach house with a sophisticated aesthetic more recently underwent a redesign from the Brisbane-based interiors outfit, Troupe Studio.
A bank of sliding glass doors appears to bring the pool into the home.
<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/2019/4/12/poole4.jpg" alt="">
The residence's top level master suite, which opens to a private and vast outdoor terrace facing the beach.
 
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Gabriel Poole-designed Sunshine Beach trophy home listed

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A $14 million house sale in Sunshine Beach has been struck.
The 2 Belmore Terrace beachfront house is close to the village shops.
It sold on the very first inspection just prior to hitting the market.
“While Nic Hunter and I were still putting the finishing touches on the marketing material we invited an interstate buyer to have a preview inspection," Tom Offermann at Tom Offermann Real Estate said.
"They flew up, loved what they saw and signed an unconditional contract on the spot.”
<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/2018/10/29/noosa2.jpg" alt="">
The house is on a 1258 sqm lot with 41 metre ocean frontage.
It is five bedrooms, six bathrooms, and a stunning 23m pool.
The sale follows other records Tom Offermann Real Estate negotiated in Sunshine Beach for $15.2 million and $18 million earlier this year.
"Our company has sold nine of Noosa’s top 10 sales this year which we attribute largely to the connections we have with affluent clients who recognise the unique beauty of Noosa.
<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/2018/10/29/noosa3.jpg" alt="">
"Our company’s Sept Qtr sales volume grew 58% compared to the same Qtr in 2017, and enquiry levels are showing no signs of slowing and listings remaining tight with just 3.5% of properties on the market.
“Lately there has been some uncertainty amongst buyers and sellers due to reports about southern markets cooling, mainly from tightening of lending by banks.
"The relatively minor price falls in Sydney and Melbourne include sales from the inner city to outlying suburbs, so what relationship does the Parramatta market have to Noosa?  None, we think.” said Tom Offermann.
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