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

Paddington

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One of Paddington's largest terrace homes has been be sold for the first time in two decades for $7 million.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-127715622" target="_blank">Underwood Street residence</a>, over nine metres wide at the end of the row, last traded for $1.55 million in 1998.
<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/2018/3/20/paddo2.jpg" alt="">
It has a $7 million price guide through The Agency's Ben Collier, who was marketing the property for a March 24 auction.
Set on 475 sqm, the stately home has retained its original heritage.
The traditional verandahs wrapping around all three levels have views down towards Rushcutters Bay.
<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/2018/3/20/view.jpg" alt="">
The five bedroom home is set in private and mature established gardens that includes a swimming pool.
Underwood Street hasn't passed the $7 million mark since 2011 when Collette Dinnigan sold her five bedroom compound to Woollahra lawyer Tania Van Der Vegt for $7.3 million.
The average five bedroom terrace is fetching $4.65 million, CoreLogic calculate.
 
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jchancellor-FAypfDUnLy

One of Paddington's largest terraces sells for $7 million

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Chic Talent Management’s Jane Weston is off to Potts Point.
<a href="https://www.realestate.com.au/property/172-sutherland-st-paddington-nsw-2021" target="_blank">Her three level Paddington terrace</a> last traded in 2013 for $1.3 million.
It comes with an approved development plans.
There is a guide of $2.3 million ahead of the March 10 auction.
<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/2018/2/12/PADDINGTON.jpg" alt="">
 
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Paddington terrace listed by Chic team member

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The Matrix star Matt Doran and his wife, textile designer Teri McPhillips, have listed in Paddington following the birth of their first child.
They are seeking $1 million on Glenmore Road for their renovated art deco 69 sqm one bedroom apartment.
The first level unit cost $565,000 in 2012 at the rear of the block of 12. It goes to February 24 auction. Doran's next movie is Trafficked starring Ashley Judd. His big break was as Mouse in The Matrix and Elan Sleazebaggano in Star Wars: Episode II - Attack of the Clones.
Doran landed a lead role in the film, Pirates' Island, after he graduated from acting for at the Australian Film and TV Academy in the early 1990s.
T<a href="https://www.realestate.com.au/property-apartment-nsw-paddington-127433986" target="_blank">he Paddington one-bedder</a> listing comes amid plans by the new parents to up-grade to “something with a backyard, preferably in the east,” according to McPhillips.
<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/2018/2/12/GLENMORE%202.jpg" alt="">
This article was first published in the Saturday Daily Telegraph.
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Actor Matt Doran lists Paddo one bedder with $1 million hopes

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The Olympic champion Ian Thorpe and his partner, Ryan Channing were among the throng last Saturday morning when a 1860s Paddington terrace was open for inspection.
There's a $2.5 million price guide on the three-bedroom, two-bathroom Gipps Street terrace which has been listed by the futures trader Richard Harvey and his wife, Theresa.
<a href="https://www.realestate.com.au/property-house-nsw-paddington-126917826" target="_blank">The Gipps Street property</a>, listed through Ray White agent Dean Jarman, last traded at $1,235,000 in 2011.
The terrace featured in a book, Paddington Stories, authored by local historians Andrew Starr and Janice Morice, as at one time it was a sly grog den.
It would be the first property acquisition as a couple should it be knocked down to them at its December 9 auction.
This article first appeared in The Daily Telegraph.
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j.ballantyne1990-6AQqhLzZaK

Ian Thorpe among inspectees of Paddington terrace

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Having moved her production company to Potts Point, filmmaker Jan Chapman has sold her long-held Paddington terrace for $3.76 million.
She paid $750,000 in 1995 and has been the home to Chapman and her husband Stephen O'Rourke's Saddleback production company.
The 45 sqm shop front (above and below) has been rented at $950 a week.
It's been bought by TMS Capital fund manager Ben Clark having been listed through Drew Blomfield.
<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/2017/11/27/Chapman2.jpg" alt="">
Set on 260 sqm, the three storey Victorian terrace had five bedrooms, although Chapman and O'Rouke didn't live in the property.
It had a guide of $3.9 million.
The couple reside in Coogee where they have had a home since 1995.
Chapman is the only female filmmaker to receive the Palme d'Or and her film, The Piano, raked in three Academy Awards. 
Earlier this year Chapman paid $1.4 million for an office apartment in the Santa Rosa complex on Macleay Street in Potts Point with harbour views.
 
 
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Filmmaker Jan Chapman sells long-held production company spot in Paddington

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The Paddington Courtyard House that architect Amelia Holliday designed has been sold post-auction.
Holliday of Aileen Sage Architects and husband David Lakes of Lochbuild paid $1.6 million for the dilapidated Comber Street home in 2010 and went about creating the new residence.
Built with a clever use of space, the home on 240 square metres is being marketed as having a cutting-edge design and sleek urban aesthetic.
It has four bedrooms, two bathrooms and a formal and informal living areas that open to a north facing garden.
The Agency's Ben Collier passed in on a vendor bid of $4.95 million.
It sold later for around $5.05 million.
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Courtyard House, Paddington sold post-auction

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The plastic surgeon Darryl Hodgkinson and wife Katherine are set to emerge as the $5.3 million buyers of The White House in Paddington from broadcaster Phillip Adams.
It follows their $10 million Darling Point sale of the historic home, Newstead. 
Hodgkinson is also known as a passionate yachtsman having been named the Cruising Yacht Club of Australia's Ocean Racing Rookie of the Year in 2011.
<a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-122453618" target="_blank">The iconic Paddington property,</a> commissioned by adman John Nankervis in the late 1980s, was designed by architect Peter Stronach, with its interiors designed and coloured by George Freedman with turquoise tiles, a yellow metal staircase and multi-coloured walls.
It was described in a Vogue Living feature on its completion in 1987 as designed with “an aversion to wimpish conservatism”.
Nankervis sold his flamboyant pad on the Woollahra border to fellow adman in 1990 for $960,000.
Adams, the long-serving Radio National presenter and his wife, former TV presenter turned organic farmer, Patrice Newell, are predominantly based at Elmswood, a Hunter Valley they bought in the late 1980s.
They also retain a Potts Point, Sydney bolthole.
This article first appeared in The Daily Telegraph. 
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Plastic surgeon Darryl Hodgkinson emerges as buyer of Paddington's The White House

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The recently departed worldwide chairman of ad agency M&amp;C Saatchi Tom Dery has listed his luxury Paddington home with $5 million hopes through Richardson &amp; Wrench agent Geoff Cox.
His ownership of the <a href="https://www.realestate.com.au/property-house-nsw-paddington-126665510" target="_blank">1890s Paddington terrace</a> bookends his role. He paid $3.8 million in 2009, the year he was appointed.
Combining historic with modern transformation, the main residence has three bedrooms and three bathrooms.
A heritage front section with library and fireplaces contrasts with the modern rear, featuring an indoor outdoor pavilion accompanying a 17 metre heated lap pool.
<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/2017/11/8/Dery2.jpg" alt="">
A fully self-contained one bedroom cottage sits on the 290 square metre parcel.
Richardson &amp; Wrench agents Geoff Cox and Jason Boon are marketing the home. 
Dery founded the global advertising company in 1995. 
He is set to continue to work out of the Sydney office of M&amp;C Saatchi Australia.
This article first appeared in the Saturday Daily Telegraph. 
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Recently departed M&C Saatchi boss lists Paddington trophy

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Courtyard House, the Paddington terrace recreated by Amelia Holliday of Aileen Sage Architects and husband David Lakes of Lochbuild, has been listed for auction.
The couple paid $1.6 million for the dilapidated Comber Street home in 2010 and went about creating the new residence.
Built with a clever use of space, the home on 240 square metres is being marketed as having a cutting-edge design and sleek urban aesthetic.
It has four bedrooms, two bathrooms and a formal and informal living areas that open to a north facing garden.
The Agency's Ben Collier has set a November 4 auction date.
Holliday is the co-director of Aileen Sage Architects and Lakes is the director of construction company Lochbuild.
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Converted Paddington terrace to go under the hammer

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Renae Leith-Manos, founder of heatlh, fitness and lifestyle blog Bondi Beauty, has quickly flipped her rebuilt 1890s Paddington terrace.
She paid $2,325,000 for the three bedroom, two bathroom terrace last year and has just completed the transformation, with a $4,035,000 sale achieved in just days of it hitting the market.
Marketed as a London style terrace, the home now comes with four bedrooms, three bathrooms with features finishes sourced from around the world.
Phillips Pantzer Donnelley agents Alexander Phillips and Gavin Lewis had set a late August auction date.
Manos wrote the book A Red Carpet Guide to Sydney.
This article first appeared in the Daily Telegraph.
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Paddington

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