Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Paddington

<html><body>
Estate agent Craig Pontey from Ray White Double Bay said the marketing behind The Gordon development in Sydney's Paddington allowed him to sell 19 units in 19 minutes for a total of about $26 million.
He recalls it then led him to win the 2016 AREA New Home Marketing Campaign of the Year Award, the REA Group AREAs which are back in 2017.
The AREAs are an industry awards program that honour the most innovative, community-minded and highest-achieving individuals and businesses across property.
The AREAs awards program - currently taking this year's nominations - include Innovation, Community, Service and Marketing Excellence categories and encompass the entire property industry (residential, commercial, project developers) as well as those working in media.
<img src="https://www.urban.com.au/images/2017/06/22/Screen%20Shot%202017-06-22%20at%2010.53.29%20AM.png" alt="">
The Gordon Paddington (above)
In accepting his award, Pontey said they entered the awards to 'have a crack at it putting up with the big guys - CBRE and Colliers'.
"The awards gave us the opportunity to put in one of our projects that has gone very well amongst many and we thought we had a crack at it putting up with the big guys ,you know CBRE and Colliers, as the've been the guys that have done most of the project marketing over the years and we had a pretty good run over the east and we just thought we put it up and see how it went," he said.
"The project went really, really well we had great backing from our marketing team and obviously from REA and we received an enormous amount of enquiry and we were very fortunate on the day of the launch as we had a 150 people lined up in the street in Paddington and that was pretty incredible.
"It was just amazing and we lucky we sold 19 units in 19 minutes - about $26 million worth - so it was a real achievement.
"It was a fantastic night down at Melbourne and afterward it was quite incredible.
"I rang all the team and made them aware of it and as you know Gavin Rubenstein won on that night so we were pretty chuffed to win two awards.
"We were the only business that nominated and won two awards so it was a really fantastic evening.
"We’ve obviously got the trophy sitting in a private place at the front of our office when you walk in so you know its fantastic to be able to won that award.
"We put in all our submissions you know REA are a very big company its fantastic to be awarded something amongst our peers that everyone thinks is worthwhile its been great." 
For more information on the 2016 winners <a href="https://theareas.com.au/winners-tab/2016-winner-new/" target="_blank">click here</a>.
</body></html>

j.ballantyne1990-6AQqhLzZaK

The Gordon Paddington marketing wins 2016 AREA award for Ray White Double Bay

<html><body>
Entrepreneur Sean Satha, founder of sunglasses company Local Supply, has sold his contemporary Paddington terrace for $3.135 million.
The architecturally designed three level home at <a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-124953282" target="_blank">66 Sutherland Street</a> overlooks Trumper Park and has four bedrooms and two bathrooms 
Satha paid $1.83 million in 2014 for the home.
Before Local Supply, Sean had been an engineer and investment banker.
The idea for the sunglasses, designed to be worn to any event, came when Sean broke a pair of his sunglasses at a Sunday session at his local pub. The sunglasses had cost Sean a week's rent.
Model Kate Peck who broke the glasses went on to become a brand ambassador for Local Supply.
It was passed in at recent auction.
</body></html>

firstname1-iYD4UYzvBa

Entrepreneur Sean Satha sells contemporary Paddington terrace

<html><body>
Despite spending more time back in Italy, veteran magazine publisher Marcello Grand has bought back into the Sydney market, settling on a redesigned Victorian terrace in Paddington.
It's an <a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-124992966" target="_blank">investment rental</a> for Grand however, who paid $2,215,000 for the home revamped by interior designer Thomas Hamel.
It has three bedrooms, one bathroom, a dressing room and a rear courtyard that flows from the stainless steel kitchen and dining area.
Two of the bedrooms have balconies while the third acts as an attic retreat.
Ray White Double Bay agent Peter Leipnik sold the home which is now up for rent at $1,350 a week, which would reflect a three percent yield.
It was 1983 when Grand established Studio Magazines. 
His first magazine was Studio Collections was a womens' fashion magazine with the Black + White magazine its most known after launched in 1992 and published until 2007. 
Having studied at Turin University, Marcello had previously worked as an architect and advertising consultant.  
Grand sold his renovated Darling Point penthouse for $3,525,000 late last year. He paid $1.4 million for the unit in 2012 from former Double Bay Art Gallery director Alan Winters.
</body></html>

Publisher Marcello Grand buys Paddington terrace

<html><body>
Despite spending more time back in Italy, veteran magazine publisher Marcello Grand has bought back into the Sydney market, settling on a redesigned Victorian terrace in Paddington.
It's a investment rental for Grand however, who paid $2,215,000 for the home revamped by interior designer Thomas Hamel.
There are whispers Grand is already planning a renovation.
It has three bedrooms, one bathroom, a dressing room and a rear courtyard that flows from the stainless steel kitchen and dining area.
Two of the bedrooms have balconies while the third acts as an attic retreat.
Ray White Double Bay agent Peter Leipnik sold the home which is now up for rent at $1,350 a week, which would reflect a three percent yield.
It was 1983 when Grand established Studio Magazines. 
His first magazine was Studio Collections was a womens' fashion magazine with the Black + White magazine its most known after launched in 1992 and published until 2007. 
Having studied at Turin University, Marcello had previously worked as an architect and advertising consultant.  
Grand sold his renovated Darling Point penthouse for $3,525,000 late last year. He paid $1.4 million for the unit in 2012 from former Double Bay Art Gallery director Alan Winters.
 
 
 
 
</body></html>

Studio Magazine owner Marcello Grand buys Paddington terrace

<html><body>
Billionaire Greg Goodman's thinning of his Woollahra property portfolio has spilled over to Paddington, where whispers are he has offloaded a three level Underwood Street investment.
The home that has been reinvented by Luigi Rosselli cost Goodman, who heads up the property powerhouse Goodman Group, $4.2 million in 2014 through Will Manning. 
It last leased at a pricey $3,500 a week in 2015.
The Victorian home has four bedrooms and extensive outdoor entertainment areas that feature a heated swimming pool, outdoor kitchen and built-in barbecue.
Whispers are buying interest has been around the $6 million to $6.2 million region.
This article first appeared in The Sunday Telegraph.
</body></html>

Billionaire Greg Goodman offloads in Paddington

<html><body>
Recent Paddington prices suggest the suburb is popular again with buyers, albeit with limited opportunities. 
Darlinghurst and Surry Hills had narrowed the gap, but now Paddo has hit its stride. 
James Harron, the managing director of James Harron Bloodstock, and wife Alison are recent Paddington buyers <a href="https://www.bresicwhitney.com.au/buy/47-glenview-street-paddington-14564" target="_blank">having spent $4.75 million</a>.
The purchase will be small change should the young Irishman have the winner of the $10 million The Everest, the world's richest turf race at Randwick this October.
Their four bedroom home was snapped up within a fortnight of its listing through BresicWhitney agent Brad Hillier.
It had been a quick flip renovation as the home traded at $3.31 million in 2015.
The large two storey terrace with double frontage features polished timber floors, high ceilings and decorative period detail.
Set on 300 sqm, it has an atrium-style connection with gardens and a private entertaining space.
Harron first came to Australia in 2004 to do a three month yearling sales preparation for Coolmore Stud, the Irish headquarters of the world's largest breeding operation of thoroughbred racehorses.
He returned to Australia in 2011 to set up his own business. 
Harron had quick success with the now retired Capitalist, then Vancouver.
James Harron Bloodstock was successful in purchasing two colts and three fillies at the mid-week Inglis Sydney Easter Yearling Sale.
Meanwhile billionaire Greg Goodman's thinning of his Woollahra property portfolio has spilled over to Paddington, where whispers are he has offloaded a three level Underwood Street investment.
The home that had been reinvented by Luigi Rosselli cost Goodman $4.2 million in 2014 through estate agent Will Manning. 
Leased at $3,500 a week in 2015, the Victorian four bedroom terrace is tipped to have attracted buying interest around the $6 million to $6.2 million region.
The buyer is likely to emerge as Nudie Jeans co-founder Bryce Alton and his wife Rebecca.
According to RP Data, the median sale price is now $2.1 million compared to $1.3 million in 2012 and $1.6 million in 2014. The number of homes sold per year decreased during 2016 to 200, down from the more typical 300 per year.
This article first appeared in the Sunday Telegraph.
 
</body></html>

Paddo property off and racing

<html><body>
Fashion designer Collette Dinnigan and her tourism industry entrepreneur husband Bradley Cocks have reportedly bought back in Paddington, buying from her brother, the creative director Seamus Dinnigan.
His Georgian-era cottage had $1.7 million hopes.
Dinnigan and Cocks had been looking for a city base after selling at Watsons Bay and snapping up Springfield Farm, a European-style abode at Avoca in the Southern Highlands.
The cute 1850s Georgian Paddington home of creative director Seamus Dinnigan sold before its recent auction.
There's just 70 square metres space throughout the rare freestanding terrace which came with a $1.6 million to $1.8 million price guide through Will Manning at McGrath. 
It was marketed as a Cotswolds cottage style residence, just off Glenmore Road near Oxford Street.
Dinnigan, the brother of designer, Collette Dinnigan bought the Mary Place home in 2015 for $1.08 million from gallery owner Evan Hughes and his lawyer wife, Kate.
Dinnigan is creative director at Collette Dinnigan's office, as well as helping out on the design styling of his sister's many homes.
He also co-produced her first coffee table book, Obsessive Creative.
</body></html>

Fashion designer Collette Dinnigan buys back in Paddington

<html><body>
The cute 1850s Georgian Paddington home of creative director Seamus Dinnigan was sold in the countdown to its recent auction.
There's just 70 square metres space throughout the rare freestanding terrace which came with a $1.6 million to $1.8 million price guide through Will Manning at McGrath. 
It was marketed as a Cotswolds cottage style residence, just off Glenmore Road near Oxford Street.
Dinnigan, the brother of designer, Collette Dinnigan bought the Mary Place home in 2015 for $1.08 million from gallery owner Evan Hughes and his lawyer wife, Kate.
Dinnigan is creative director at Collette Dinnigan's office, as well as helping out on the design styling of his sister's many homes.
He also co-produced her first coffee table book, Obsessive Creative.
Paddington's median house price for two bedders sits at $1.6 million, according to CoreLogic.
The 1850s terrace dates to around the time the homes were built to accomodate those who worked at the nearby Victoria Barracks. It was before Paddington developed as a working-class area during the Victorian era when between 1860 and 1890, about 3800 terrace houses were built to give Paddington its charming, unique character.
Of course it went into decline after World War I, fell into a slum during the 1930s and pretty much remained that way until the bohemia push descended during the 1960s and turned renovating terraces into almost an art form.
This article first appeared in the Sunday Telegraph.
</body></html>

Georgian Paddington home of Seamus Dinnigan sold

<html><body>
Juicy Design director Tom Williams and wife Belinda have sold in Paddington for a stellar $7.1 million.
Steve Koolloos of MCK Architects designed the <a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-124774122" target="_blank">five bedroom home on Paddington Street</a>, after leaving only the facade and one side wall from its days as an ordinary Victorian terrace.
It's a big result for the Williams clan who paid $2.8 million in 2013.
Ben Collier at The Agency sold the home before auction after having an ambitious guide of $6.5 million. 
A three-storey high untouchable gum tree in the garden is viewed from the north-facing rear living room that also overlooks a glass-fronted plunge pool.
</body></html>

Juicy Design director Tom Williams sells in Paddington

<html><body>
NRL Titans star and new father Jarryd Hayne is moving on with his life on the Gold Coast.
He has just sold his redundant Paddington terrace back in Sydney. 
The proceeds could readily buy a more family friendly home to replace his family's Surfers Paradise apartment.
The sale price for his renovated pink Paddington terrace remains undisclosed.
It initially came with $3.25 million hopes when the striking pink door showed up on listing websites, however the price was reduced to $2,975,000 by Our Estates selling agent Adam Regan.
Hayne, who became a dad for the first time in December, paid $1,315,000 for the terrace in 2013 when it had only two bedrooms and one bathroom.
He commissioned architect Dickson Rothschild to turn it into a contemporary three bedder with three bathrooms and an attic installation.
The home is now unmissable from the street, with a bright pink door contrasting the dark grey facade.
There's a pink theme throughout the home too. The feature wall in the lounge and the bbq cupboard in the kitchen have clearly been styled by a designer.
The sale leaves the Gold Coast Titan's star with just two properties left in Sydney, another one in Paddington and the other in Darlinghurst, both of which are currently leased.
He's making a tidy profit on his Darlinghurst investment property, finding a tenant for $1,450 a week, $300 a week more than it was before its recent renovation.
Hayne had lived in St Peters before selling the family home for $995,000 to fund his NFL dream.
It was a strong profit on the home that cost him $527,500 in 2007, way back when he was a 19-year old rookie at the Eels.
Hayne, who played 176 games for Parramatta before heading overseas, grew up between Minto and Airds near Campbelltown where he lived in a housing commission residence and was raised by mother Jodie and grandmother Robin while his father chased a career overseas.
There is no news of Hayne buying a property in Queensland yet, with the fullback headlining the Gold Coast Titans Auckland Nine squad this weekend.
Hayne and Amelia Bonnici are yet to publicly name their daughter who was born in mid December, however Hayne posted a picture to Instagram of his daughter asleep on his chest.
"All praise to god above, for he never makes mistakes!!!! <a href="https://www.instagram.com/explore/tags/daddysgirl/" target="_blank" data-log-event="tagvisit" data-ios-link="tag?name=daddysgirl">#daddysgirl</a>" accompanied the picture.
Before making the news public, Hayne was asked by the Telegraph if his new born child would wear an Eels jumper, San Francisco or Titans, Hayne replied by suggesting it would be Titans.
“I don’t know,” he said laughingly.
“(It) obviously depends where I’m at. A Titans one, at the moment.”
This article first appeared in The Daily Telegraph.
</body></html>

Paddington

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Paddington

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News