The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Palm Beach

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Photographer Georgia Moxham and her wine distributor husband, Paul Stenmark have bought in Palm Beach.
The $2.65 million two-storey cottage, built of convict sandstone blocks, had been listed through Ray White agent Noel Nicholson with $2.7 million hopes.
Construction of the three bedroom cottage only dates back to 1952 when it was built by master stonemasons for the Long family, who where eng­ineers from Roseville.
The 200 square metre home sits on its 628 square metre Bynya Road block with ocean glimpses towards the Central Coast.
The Stenmark couple have been occupiers of one of the Woollahra properties that billionaire James Packer rec­ently offloaded.
The curved residence on dress circle Rosemont Avenue had been bought by his late father Kerry in the mid 1960s.
Ray White agent Elliott Placks secured the $8,375,000 sale to the Henley Homes tycoon Rob Bowen and Skye Holden.
After being Veuve Clicquot’s national brand manager, Stenmark has run Winestock which markets independent wineries to the trade and consumer.
The couple married in 1995 with Ros and Kerry Packer and Gretel and James all in attendance. Georgia was Kerry’s goddaughter.
This article was first published in the Sunday Telegraph.
 
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firstname1-iYD4UYzvBa

Georgia Moxham and Paul Stenmark buy Palm Beach home

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Seabell, one of the earliest homes ever built in Palm Beach, has been listed for sale for the first time in 100 years.
The Pacific Road estate was home to the late insurance industry veteran Laurie Seaman.
Seaman's grandfather built the sandstone home in 1918 when there were only four other houses on the hill overlooking Palm Beach and Pittwater.
Seaman died in a skiing accident in Charlotte’s Pass in 1928, along with his friend, Evan Hayes. It was the first skiing fatality in the history of the Australian Alps.
<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/2019/7/22/Seabell%20Palm%20Beach%203.jpg" alt="">
Built with stone quarried on site, the striking three level classic sandstone cottage on 2,070 sqm still features its large sandstone fireplaces, original hardwood floors and beamed ceilings.
There are five bedrooms, a home office and a freestanding artists' studio.
A number of dining terraces capture the views.  
The gardens, which featured on Burke's Backyard, have been expanded over the years.
<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/2019/7/22/Seabell%20Palm%20Beach.jpg" alt="">
Laurie opened the gardens for groups of senior sand disabled people who couldn't visit parks and reserves.
He would walk them through the meandering paths and over the drawbridge that he installed.  
Ray White Palm Beach agent Noel Nicholson has a guide of $5 million for its August 29 auction. 
 
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jrobinson-rf4aSBido9

Seabell, one of Palm Beach's earliest homes, listed for $5 million

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Rob Luciano, the most talked about hedge fund manager in Sydney, has finally sold his spare weekender at Palm Beach.
Luciano’s hillside Florida Rd retreat, which he purchased for $3.3 million in 2015, took a year to sell at around $4.4 million.
It was redundant after he bought on the Ocean Road dress circle, spending $18 million last July for the townhouse style project of Hardie Grant chairman John Gerahty and wife Patricia.
It was part of the Deaton family’s now subdivided Tropique estate.
Luciano scrapped plans for an upgrade of Mosman homes after his big acquisition.
His VGI Partners has done nicely after its ASX debut last month, trading on Friday at $12.10 per share, more than double its $5.50-per-share price in the initial public offering.
Luciano, the son of a hotel pianist and a schoolteacher who founded VGI in 2008 after a stint at Caledonia Investments, holds shares worth $492 million.
This article was first published in the Sunday Telegraph. 
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Fund manager Robert Luciano sells redundant Palm Beach weekender

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The eastern suburbs Roche family are to emerge as the mystery buyers of the recently sold $21 million Palm Beach beachfront.
The family is headed by Bill and Imelda Roche, who founded the direct marketing beauty products company Nutrimetics International in the 1960s.
The family acquisition of the Phillip Cox-designed trophy home, Palm Haven, ranks as the fifth highest sale so far this year.
It was sold by the family of Phillip Esplin, the late founder of Esplins Solicitors, who spent $800,000 in the late 1980s then $1.3 million next door to create the sprawling 2075 square metre Barrenjoey Road beachfront.
LJ Hooker Palm Beach agent David Edwards had the listing.
The sale comes amid the quietest trophy home market since the global financial crisis slowdown.
There have been only five recorded sales at $20 million-plus across Sydney this year, compared with 20 through last year.
The highest sale has been press scion Alexander Ma securing around $29 million in Vaucluse; followed by Stephen Burcher’s $23.56 million in Rose Bay and Rudi Sisic’s $22.6 million just next-door.
The Point Piper harbourfront of insurance mogul Richard Enthoven and his wife Karen ranks fourth having sold this month for about $22 million.
This article was first published in the Sunday Telegraph. 
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jchancellor-FAypfDUnLy

Roche family to emerge as $21 million Palm Haven, Palm Beach buyers

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Interior designer Justine Hugh-Jones has sold her Palm Beach home.
The plantation-style beach home fetched $2.02 million from Justine Cullen, editor of DJ’s fashion magazine Jones, and her producer husband Hayden Guppy.
The 1950s five-bedroom Barrenjoey Rd home was renovated into a whitewashed residence, after paying $1.5 million in 2007. LJ Hooker agent Peter Robinson secured the sale.
Earlier this year Cullen was caught in the property downturn, selling at Avalon for $300,000 less her asking price of $2.1 million — pocketing $1.8 million.
This article was first published in the Saturday Daily Telegraph.
 
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Interior designer Justine Hugh-Jones sells Palm Beach home to Jones magazine editor

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The $21 million sale of a Phillip Cox-designed beachfront home at Palm Beach, on Sydney's pricey peninsular, has buoyed market sentiment at the docile top end of the property market.
The trophy home, bought by an eastern suburbs family as a weekender, ranks as the third priciest sale so far this year.
There were initial bullish $23 million hopes for Palm Haven, the vast Barrenjoey Road estate of Phillip Esplin, the late lawyer and founder of Esplins Solicitors.
There have only been two known higher sales in Sydney's east, at Vaucluse and Rose Bay with agents complaining activity have been very subdued this year.
The sale comes after the Australian Bureau of Statistics reported that Sydney's overall house sales activity fell to just 12,000 in the March quarter – the lowest level since 2002.
"The Sydney listings story is going to be an interesting one to watch over the next few months," CoreLogic property researcher Cameron Kusher said, noting the trend had continued through autumn and into the seasonal winter slowdown.
"Housing sentiment has improved and auction clearance rates have lifted yet newly advertised properties for sale are continuing to trend lower," Kusher noted.
The Palm Beach offering had been in the Esplin family name since the late 1980s when they spent $900,000 on one block before spending a further $1.3 million next door to create the sprawling 2,075 sqm waterfront property.
<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/2019/6/20/Esplin2.jpg" alt="">
Cox designed the double brick and timber home in 1990 to win the HIA Award for Design and Building Excellence.
The Australian style home features a number of formal and casual living and dining areas which open to deep verandahs.
It has one of the few tennis courts in the suburb. 
LJ Hooker Palm Beach agent David Edwards had the listing.
The Palm Beach record stands at $24 million when Gretel Packer secured the family bungalow which was handed to her as part of the breakup of her father, the late media tycoon Kerry Packer's, vast fortune.
The biggest transacted home sale come in 2012 when Kalua, the luxury $22 million property nearby which was bought by car dealer Laurie Sutton in 2012 for the trophy home, Kalua.
Kalua also has a tennis court.
Palm Beach's most recent prestige sale was to Goldman Sachs managing director Zac Fletcher who spent $10.35 million on Snapperman Beach through David Edwards, of LJ Hooker Palm Beach.
The widow of the late AC/DC guitarist Malcolm Young, O’Linda Young, bought a beachfront house on Snapperman Beach in 2015 for more than $10 million. The property baron Stephen Burcher bought last year for $12 million.
This article was first published in the Daily Telegraph.
 
 
 
 
 
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Palm Haven at Palm Beach sold for $21 million

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Australia has a new richest postcode, Palm Beach the pricey peninsula playground.
It the first time in seven years that the Sydney Northern Beaches location has dethroned the Point Piper, Edgecliff, Darling Point postcode, according to Australian Taxation Office statistics released late on Thursday.
The 1,279 tax filers in Palm Beach's 2108 postcode reported an average income of $230,330 for 2016/17, while the 6,089 tax filers in Edgecliff's 2027 postcode made an average of $187,769.
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<div class="advert" data-module="article.ad" data-ad-type="MEDIUM" data-loc="MOBILE" data-max-width="727" data-sticky-class="" data-sticky-offset="0">Postcode 2027 had ranked as Sydney's highest earning postcode since 2009/10.</div>
<div class="advert" data-module="article.ad" data-ad-type="MEDIUM" data-loc="MOBILE" data-max-width="727" data-sticky-class="" data-sticky-offset="0"> </div>
<div class="advert" data-module="article.ad" data-ad-type="MEDIUM" data-loc="MOBILE" data-max-width="727" data-sticky-class="" data-sticky-offset="0">Although in 2016/17 it also ranked behind Melbourne's 3142, where the 10,044 filers in Toorak made an average of $193,904.</div>
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Palm Beach's 2108 postcode also includes Scotland Island, Coasters Retreat, Great Mackerel Beach and Currawong Beach.
The rankings reflects the trend in the past few years of owners turning Palm Beach holiday homes into principal residences.
It is not the first time a beach retreat location has ranked at the top of the ATO list as in 2008/09 the postcode 3944 - the Mornington Peninsula suburb of Portsea - was the top-earning postcode, with an average income of $197,987.
WA's 6011 was the richest postcode in Western Australia, with the 6,431 tax filers living in Cottesloe and Peppermint Grove on Perth's western suburbs made an average of $155,264.
In ACT, the 2603 was richest, with 6,650 tax-filers in Forrest, Griffith, Manuka and Red Hill earned an average of $110,394.
In Queensland, 4007 took the top spot, with 9,278 residents of Ascot, Hamilton and Hamilton Central in northeast Brisbane earning an average of $107,478.
South Australia's top postcode was 5061, where 6,587 residents of Hyde Park, Malvern and Unley in inner-southern Adelaide made an average of $93,871.
In the Northern Territory, 885 residents in the mining town of Alyangula - postcode 885 - made an average of $83,343.
Tasmania's top postcode was 7258, where the 571 residents of the Launceston suburbs of Breadalbane, Relbia and White Hills made an average of $68,621.
The lowest-earning postcode was 2308, covering Newcastle University and Callaghan, with an average taxable income of $20,589.
The second-lowest was 4611 in Queensland, where Marshlands and Mondure residents earned an average of $23,225.
Queensland had five of the bottom 10 postcodes, with 4611 recording the second lowest average income nationally of $23,225.
The report also showed that surgeons were once again the top-earning profession, making an average of $394,866.
Anaesthetists came second, earning $367,343 on average.
Out of 1,100 occupations recorded, there were 72 where women made more than men, including authors, future traders, magistrates, pro surfers and illustrators, the ATO statistics showed in 2016/17.
The Herald Sun reported female futures traders in Australia earn nearly 4 per cent more than their male counterparts, with an average income of $315,197.
This year’s stats present an overview of 16.5 million 2017 income tax returns for 13.9 million individuals, 970,000 companies, as well as super funds, partnerships and trusts. 
Australians reported donating $3.5 billion in charitable donations with an average gift size for those who did donate of $770.
The most generous state was Western Australia, with 30 per cent of residents claiming an average deduction of $1190. 
Northern Territory residents recorded the lowest charitable donations, with 34 per cent of residents claiming an average deduction of $405.
 
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j.ballantyne1990-6AQqhLzZaK

Shift to residency sees Sydney's Palm Beach top ATO tax payers list

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Deutsche Bank Asia Pacific chairman Ken Borda is selling his Palm Beach weekender.
LJ Hooker Palm Beach agent Peter Robinson is marketing the home with a $6.8 million guide for its May 8 auction.
Set on the Florida Rd dress circle, it has 1435 square metres of native gardens and beach views.
Borda, who owns a $3.56 million apartment in The Hyde in the CBD, paid $2.99 million in 2002 when the three-pavilion residence was bought from John Mills and Greg Clarke.
The main pavilion has two bedrooms and a rumpus room with bar.
The living space opens to a heated swimming pool.
This article was first published in the Saturday Daily Telegraph. 
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Deutsche Bank Asian Pacific chairman Ken Borda lists Palm Beach weekender

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The residential house price record at Palm Beach, the popular weekender spot for Sydney's well-heeled, is set to be broken.
There's a guide of $23 million to $25 million for Palm Haven, the vast Barrenjoey Road estate of Phillip Esplin, the late lawyer and founder of Esplins Solicitors.
It's been in the Esplin name since the late 1980s when they spent $900,000 on one block before spending a further $1.3 million next door to create the sprawling 2,075 sqm waterfront property.
<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/2019/3/11/Esplin2.jpg" alt="">
They commissioned architect Phillip Cox to design the double brick and timber home in 1990. It went on to win the HIA Award for Design and Building Excellence.
Set on the exclusive Illuka laneway, the Australian style home features a number of formal and casual living and dining areas which open to deep verandahs.
It has one of the few tennis courts in the area.
<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/2019/3/11/Esplin3.jpg" alt="">
LJ Hooker Palm Beach agent David Edwards has the listing.
The Palm Beach record stands at $24 million when Gretel Packer secured the family bungalow which was handed to her as part of the breakup of her father, the late media tycoon Kerry Packer's, vast fortune.
The biggest transacted home sale come in 2012 when Kalua, the luxury $22 million property nearby which was bought by car dealer Laurie Sutton in 2012 for the trophy home, Kalua.
Kalua also has a tennis court.
 
 
 
 
 
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Palm Haven at Palm Beach listed with record hopes

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The former Chanel PR supremo Gail Davidson and adman Mike Hale have bought back at Palm Beach.
It is the <a href="https://www.realestate.com.au/sold/property-house-nsw-palm+beach-129620950" target="_blank">dress circle beachfront weekender</a> (above and below) bought for $3,025,000 from Christian Ainsworth, of the Aristocrat pokie machine family, who had paid $3,425,000 in 2013.
Ainsworth is the youngest son of billionaire Aristocrat poker machine founder Len.
<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/2018/12/17/Hale1.jpg" alt="">
The London-based couple sold their hillside Palm Beach retreat to Macquarie Bank's head of personal banking, Ben Perham and film maker Kate Riedl for $6 million late last year.
The north-facing house, accessed via inclinator, came with 500 sq m internal space had been stylishly furnished by Davidson in the two decades since it sold for $1.1 million.
Hale, who holds the position of non-executive chairman of Aeorema Communications Plc, previously headed The Hale Agency and before that time at Young &amp; Rubicam and Saatchi and Saatchi.
This article was first published in the Sunday Telegraph.
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