The final apartments in the most recently completed new development in Balwyn present some of the largest and most exclusive ever delivered in one of Melbourne’s most established and character-rich neighbourhoods.

Boutique developer&nbsp;<a href="https://www.apartments.com.au/developers/wulff-projects">Wulff Projects</a>,&nbsp;alongside partner <a href="https://www.apartments.com.au/developers/pga-group">PGA Group</a>, has just finished <a href="https://www.apartments.com.au/buildings/threadneedle-balwyn-1-5-threadneedle-street-balwyn-vic-3103">Threadneedle</a>, 17 home-sized residences designed completely for the owner-occupier.

Named after its location on Threadneedle Street, the new project has been shaped by the heritage fabric of Balwyn. It offers two low-rise buildings of eight and nine apartments respectively, designed to emulate traditional standalone homes.&nbsp;

[smartcode_project:default project_id=27816 project_image_fid=355582]

John Scaramuzzino, Director at <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, explains the design intention.

“Given the quiet residential character of the street with many homes dating back to the 1930s and 1940s, we approached Threadneedle wanting to appear less as a collection of apartments and more as a traditional residence. This led to creating not one but two buildings that could “breathe” with larger garden-based apartments functioning more like small homes.”

[smartcode_project:default project_id=27816 project_image_fid=355605]

The north-facing residences are nestled among extensive landscaped gardens by Ben Scott Garden Design, with over one-third of the site dedicated to greenery. The resulting setting is one of calm seclusion, where architecture and landscape work in tandem to offer immediate liveability.

With construction now complete, the final apartments include a top-floor, single-level penthouse residence priced from $2.8 million. This home offers three bedrooms, a dedicated study, two bathrooms plus powder room, and three car spaces with an oversized storage room.&nbsp;

Interiors prioritise spatial comfort and natural light, with three-metre-high ceilings, oversized internal doors and a full-width terrace oriented to the north, east and west.&nbsp;

[smartcode_project:default project_id=27816 project_image_fid=355604]

Floor-to-ceiling double-glazed windows ensure thermal performance across seasons, supported by automated external blinds, zoned heating and cooling, and a fireplace for added ambiance.

Each apartment has been individually designed to maximise privacy and garden outlooks. Kitchens combine refined finishes with practical considerations: stone benchtops, butler’s pantry, full-height joinery and concealed rangehoods.&nbsp;

The inclusion of dedicated home offices responds to contemporary living patterns, while bathrooms feature sculptural bathtubs and brushed nickel fixtures.&nbsp;

[smartcode_project:default project_id=27816 project_image_fid=355590]

Threadneedle also integrates best-practice sustainability measures, achieving a 7 Star average NatHERS rating. Initiatives include solar PV systems, rainwater harvesting for toilet flushing and irrigation, and high-performing building insulation. These elements enhance daily comfort while reducing ongoing maintenance and energy demand.

"We believe Threadneedle sets a new standard of design excellence and building quality for Balwyn,"&nbsp;Scaramuzzino added.

"It’s an architectural response we’re particularly proud of, and one we’re sure residents will be equally proud to call home."

[smartcode_project_cta:default project_id=27816]

Staff Writer

Final homes remaining as Threadneedle, Balwyn completes construction

Joel Robinson

Sydney's top 15 new apartments developments set to launch in 2026

Developer-builder <a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a> has pushed beyond the now-standard inclusions of rooftop pools and landscaped podiums at its recently launched new Epping project, Senso.

It has laid out over 4,000 sqm of resident-only amenity in a move designed to compete directly with low-density housing on livability, not just density. The result is a development that supports genuine daily use through purposeful spaces distributed across its five-building, 479-apartment precinct.

[smartcode_project:default project_id=134954 project_image_fid=4396]

Two rooftop pools form the anchor of Senso. One is a 27-metre lap pool adjoining a heated spa, designed for everyday fitness rather than just summer leisure. The second sits on a lower podium, allowing different buildings to share in vertical access and reducing crowding during peak times.

It is the secondary spaces that start to distinguish Senso from other large-scale suburban projects. A rooftop cinema is integrated into a landscaped terrace, offering open-air screenings with natural ventilation and passive cooling.&nbsp;

The inclusion of a “sensory walk”, an elevated boardwalk that threads through the site, suggests a rare investment in non-commercial, non-essential amenity: space for quiet movement that doesn’t double as access or traffic circulation.

[smartcode_project:default project_id=134954 project_image_fid=4402]

The gym and wellness centre, often relegated to a small ground-floor room in many builds, takes on more substance here. Residents have access to a fully equipped gym, as well as outdoor yoga areas and meditative zones that integrate greenery and natural light.&nbsp;

The Club Lounge is similarly designed to support multiple use cases, with a private dining terrace, kitchenette, workspace, and lockable wine storage. These aren’t superficial additions; their scale and spatial allocation indicate serious intent for frequent resident use.

[smartcode_project:default project_id=134954 project_image_fid=4391]

Importantly, Senso’s amenities are embedded within a site that spans more than 10,000 sqm, allowing for better separation between spaces and reduced noise spillover, a critical but often overlooked factor in high-density developments. This spatial generosity also enables multiple alfresco kitchens and communal terraces without compromising individual privacy or usable space.

While many developments make claims about lifestyle, few back it with this level of built infrastructure. Senso’s mix of dedicated fitness, wellness, social and passive green spaces suggests a conscious response to the post-pandemic shift in housing expectations, especially among owner-occupiers.&nbsp;

DASCO is one of several leading developers who have taken out Resilience Insurance's Latent Defects Insurance policy, providing buyers with a 10-year structural and waterproofing warranty, and giving them the ultimate peace of mind.

Senso is scheduled for completion in late 2028.

[smartcode_project_cta:default project_id=134954]

The outdoor amenities elevating life at Senso, Epping

Following the proposal by the Minns Labor Government to rezone Parramatta Road to create up to 8,000 new homes, prominent developer Ceerose has gone to the NSW Gov to increase the density of its new mixed-use residential building in Leichhardt.

<a href="https://www.apartments.com.au/builders/ceerose">Ceerose</a>, founded by Edward Doueihi nearly three decades ago, has filed plans for 154 apartments above ground-floor retail at 307-315 Parramatta Road, a key corner site near Norton Street, the main high street strip in Leichhardt.

It's an upsize from the previously approved scheme of 63 apartments across a seven-storey building.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="ba1ae75b-5f08-43fb-b8d5-3de6d9f6ef71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.39%E2%80%AFAM.png?VersionId=yA3hBBLPH4ev7MsAE0_hieXeqiFqBUb7" />

The project is being advanced through the State Significant Development (SSD) pathway, with concurrent rezoning sought to facilitate the proposal. The 10-storey development would rise over a four-level basement and deliver two retail tenancies, one a larger-format offering and the other a smaller “hole in the wall” space, addressing the Parramatta Road frontage. 21 of the apartments are dedicated as affordable housing.

According to the Urban Design Report by Architecture AND, the scheme includes a podium and tower configuration, with a fine-grain, two-storey parapet street wall that references the traditional shopfront rhythm along the corridor. “An elegant tower form is proposed, combined with a characterful two storey frontage... articulating it as two related buildings, providing consistency with the rhythm and grain of Parramatta Road,” the report notes.

The residential component is split across two slender towers set back from the street edge, a design move aimed at preserving solar access and reducing perceived bulk. This massing strategy also seeks to improve residential amenity by focusing scale toward the quieter northern interface, away from Parramatta Road’s noise and pollution.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="347f2f8f-5d36-4388-b40a-2e77380b9c19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.02%E2%80%AFAM.png?VersionId=xvyUE2ujT1lzivXTo.mHBJFF4SmfgLtz" />

Architecture AND has worked with Ceerose on previous Inner West projects, and cites a deep familiarity with the local character. Their design draws heavily on context, heritage, and sunlight access considerations, and engages with the Inner West Council’s “Our Fairer Future” strategic planning framework.

The site spans 2,712 sqm and is located near key intersections with Catherine Street, Hay Street, and Redmond Street. It adjoins a public carpark to the north and is within walking distance of Stanmore and Petersham stations. It is also flagged in state and local planning strategies, including the Parramatta Road Corridor Urban Transformation Strategy, as a suitable candidate for increased density.

Ceerose recently completed The Alex Collective on McEvoy Street in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay.

The Parramatta Road corridor is coming to life with the proposed rezoning which is serviced by a significant number of bus, light rail and train routes.

Deicorp is progressing with its $1.8 billion <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> precinct on Parramatta Road in Five Dock, as is <a href="https://www.apartments.com.au/news/nsw/toga-to-push-on-with-five-dock-mixed-use-masterplan">TOGA further down the street</a>. Those two projects alone will bring nearly 2,000 new homes to Parramatta Road.

First look: Ceerose plots mixed-use Leichhardt development on Parramatta Road

North Sydney's landmark 'SBS Building' on Alfred Street is set to be demolished to make way for a new mixed-use residential tower in the booming North Sydney.

Commercial property group FiveX is behind the plans for a <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">39-storey tower</a>, the latest project to advance under the NSW Government’s Housing Delivery Authority pathway.

They are proposing 184 apartments above retail spaces, which will replace the existing 20-storey commercial building. FiveX was set up more than five decades ago by Joshua and Marko Berger. It is currently led by Joshua's son Lesli.&nbsp;

<img alt="First look: Fivex plans 39-storey residential tower at 275 Alfred Street, North Sydney" data-entity-type="file" data-entity-uuid="2efa0980-53fa-4cca-9f9e-9c3c845d4746" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29%20%281%29_0.png?VersionId=y_YyPMq3NQLfYRs84pP4os9UgWiMLp75" />

According to the Architectural Design Report by <a href="https://www.apartments.com.au/architects/fjc-studio">FJC Studio</a>, the slender tower form has been deliberately designed to respect the site's transitional setting at the southern gateway to the North Sydney CBD, where high-rise towers give way to lower-scale residential precincts.

"The slender tower form and articulated podium establish a respectful relationship with nearby heritage and low rise buildings, including the Whaling Road Heritage Conservation Area,” the architecture firm noted, adding that the tower “completes a missing link in the urban fabric” while enhancing the Alfred Street streetscape.

The proposed building will include a mix of one-, two- and three-bedroom apartments, with 15 percent of the gross residential floor area allocated as affordable housing. There is an agreement already in place that those apartments will be managed by Evolve Housing.

The project aligns with broader state housing objectives, including the National Housing Accord target of delivering 1.2 million new homes by 2029. The Scoping Report filed with the State Significant Development Application (SSDA) suggests the site "presents no impediments to rapid delivery,” with construction able to commence within 12 months of receiving consent.

North Sydney has been one of the most popular suburbs in Sydney for new and off the plan apartment development, but hasn't had the supply to keep up with demand, until recently.

AURA by Aqualand was, for a long time, the only off the plan apartment building on the market. That completed last year, and has sold the majority of its 386 luxury apartments. Recently ALAND launched <a href="https://www.apartments.com.au/new-apartments/the-walden-173-179-walker-street-north-sydney-nsw-2060">The Walden</a> on the same street, selling over $100 million within just a few hours of its launch, while developer CASA also launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a>&nbsp;in the same precinct.

First look: Fivex plans 39-storey residential tower in booming North Sydney

Paradise Waters

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A Surfers Paradise mansion built for the property veteran Max Christmas has been sold at auction for $5.3 million.
The sale comes four years after it initially hit the market.
Property records show at one point it came with a $9.85 million price tag.
The<a href="https://www.realestate.com.au/property-house-qld-paradise+waters-123874550" target="_blank" rel="noopener noreferrer"> Commodore Drive </a>home was sold by Peter and Lisa Le Fanue, who paid $2.15 million for it 21 years ago.
A local buyer snapped up the sprawling residence built by Soheil Abedian, who co-founded development company Sunland Group, for Christmas back in the 1980s.
It was sold by Ray White Prestige Gold Coast agent Jackson Paradise.
The five bedroom, seven bathroom home attracted three registered bidders.
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Commodore Drive, Paradise Waters trophy home sold at $5.3 million

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Former Grand Prix motorcycle road racing world champion Mick Doohan is selling his long-held Paradise Waters investment property.

Doohan has owned the original 1970s home on the pricey Admiralty Drive for nearly three decades, having paid $510,000 back in 1991, shortly after he began his professional career on the track.

Currently tenanted, the home on 675 square metres on the exclusive Jaraparilla Cove has five bedrooms, a front courtyard and a north facing swimming pool.

[smartcode_project:default project_id=7974]

Michael Kollosche and Duncan Longmore at Kollosche Broadbeach have the listing.

Doohan, who won five consecutive 500cc World Championships, lives in the north of the Gold Coast in Coomera where he built his current home after paying $1.75 million for 18 hectares in 1996.

He also owns a Palm Beach home on Jefferson Lane.

This article was first published in the Weekend Australian. 
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Motor Racing legend Mick Doohan lists at Paradise Waters

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An architecturally designed Paradise Waters home has been sold off market to a local for a price believed to be above $8 million.
Ray White Surfers Paradise agent Michael Willems managed the sale.
The house at 22-24 Admiralty Drive, Paradise Waters was designed by American architect Edward Larrabee Barnes and originally built for the Matsushita family of Panasonic Electronics.
<img src="https://f.datasrvr.com/f1/619/78736/22Admiralty63_(1).jpg" width="640" data-imagetype="External">
Other examples of buildings that Barnes designed include the Dallas Museum of Art, Walker Art Centre, and the IBM Building at 590 Madison Avenue in Manhattan.
Barnes’ only Australian house is an example of "linear architecture which is functional yet stylish, providing privacy from the street while maximising wide river views".
Set on 1,351 square metres of riverfront land, it is a five bedroom six bathroom affaiDesign features include large steel beams, wide timber-lined eaves, Carrara marble features throughout in flooring.
Positioned overlooking the expansive water of the six knot zone of Jaraparilla Cove the home also contains an indoor fully tiled saltwater swimming pool as well as a waterside boat shed.
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Riverfront Paradise Waters trophy home sold off market

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An architectural residence with front-row views over Main River in Surfers Paradise remains stuck on the market with an asking price of $5.25 million.
It has been offered by Nick Cole from Cole Residential and has remained on market for over 2 years.
The home was also listed at just short of $6 million for half a year before this new listing started in 2016.
Set on a 675 sqm allotment, the two storey house at<a href="https://www.realestate.com.au/property-house-qld-paradise+waters-129221786" target="_blank"> 32 Admiralty Drive, Surfers Paradise</a> contains six king size bedrooms and four bathrooms.
As well as open plan living, a gourmet kitchen with Gaggenau appliances and four car garaging.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/10/paradise%20waters%202.jpg" alt="">
Additional features include home office, gymnasium, media room, multi purpose lounge, and an inviting riverfront pool with sun terrace.
The home has been equipped with 22,000 litre water tank and 10 kilowatt solar system. 
The residence was valued in June this year for $2.1 million and was last sold for $1.075 million in 2000.
It is within close proximity to schools, light rail, and the beach.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/10/paradise%20waters%203.jpg" alt=""> 
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Riverfront Paradise Waters residence on market for over 2 year

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A three level Paradise Waters home metres from the water has been listed for $5.25 million.
It has been offered by Elie Fakhri and Paula Fakhri from Joseph Douglas. 
The house at<a href="https://www.realestate.com.au/property-house-qld-paradise+waters-129404678" target="_blank"> 27 Midshipman Court</a> features high-end quality constructions including soaring ceilings, selected materials and topnotch fixtures.
<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/2018/9/25/paradise%20waters%202.jpg" alt="">
Situated on a 903 sqm allotment, it comes with five king-sized bedrooms, upstairs master bedroom, five bathrooms, home office and library with study nook, open plan family, living and dining, and Italian kitchen.
Other highlights include the roofed poolside terrace, garage for six cars, extensive gardens, and 33 m beach water frontage. 
Paradise Waters is close to Surfers City, main beach and Southport CBD. 
<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/2018/9/25/paradise%20waters%203.jpg" alt="">
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Paradise Waters home on the waterfront listed

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Businessman and philanthropist Kevin Chatfield and wife Vicki have listed their redundant <a href="https://www.realestate.com.au/property-house-qld-paradise+waters-128552142" target="_blank">Paradise Waters home</a> having bought the record-breaking Gold Coast penthouse of entrepreneur Ron Bakir earlier this year.
There's five bedrooms, seven bathrooms, a fully equipped gym, steam room and a wine cellar with tasting room across its four levels which are all accessible by the internal lift.
The top floor entertainment precinct features a marble bar, billiards room and a 260 degree terrace.
The entry level has a theatre, home office, a 20 metre lap pool and a heated spa.
The couple paid $4.8 million for the home on the Admiralty Drive dress circle in 2011 when buying from the Ferrari collecting Kiwi businessman Grant Baker and wife Donna.
<div>Lucy Cole Prestige Property agent Nick Cole has expressions of interest until July 18, with all furniture included in the sale.</div>
The couple spent $9.5 million for the Chevron Renaissance penthouse earlier this year.
The sale topped the previous penthouse high of $9.2 million, set six years ago when Melbourne builder Peter Devitt bought in Main Beach’s Liberty Panorama tower.
This article was first published in The Weekend Australian.
 
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Ron Bakir penthouse buyers list Paradise Waters home

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A Paradise Waters home transformed in 2015 under the eye of architect Iain Halliday has been listed for sale with a $7.95 million price.
John Houston, executive chairman and founder of ASX-listed tech company YPB Group, and wife Frances brought in Halliday to oversee the extensive refurbishment.
The Sydney-based couple had been prepping the four bedroom home for their future permanent residence, before business commitments intervened.
<a href="https://www.realestate.com.au/property-house-qld-paradise+waters-126400798" target="_blank">Set on the Commodore Drive dress circle </a>in the Paradise Waters estate, the three level palatial waterfront features two studies, an rooftop level gym and home theatre.
A hotel-style swimming pool with bar and cabana sit in a landscaped alfresco area.
The home offers direct access to The Broadwater, with a private pontoon, boatshed and ramp.
Christie's International agent Martin Ross is marketing the home in conjunction with Michael Kollosche of Kollosche Prestige Agents.
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Waterfront Paradise Waters trophy home listed

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A grand manor on the Gold Coast has been listed for sale, now comes with slightly reduced asking price.
Re-built since last trading for a street record $4,025,000 in 2014, the Paradise Waters home sits at the point of the tightly held Buccaneer Court cul-de-sac overlooking the waterways.
<a href="https://www.realestate.com.au/property-house-qld-paradise+waters-126305082" target="_blank">The re-configured home at 31 Buccaneer Court</a>, which comes with plans to extend even further, has five bedrooms, six bathrooms and a separate library.
There's a hint of European chateau with a more contemporary up-state New York feel too, Ray White Broadbeach agents Sam Guo and Julia Kuo suggest.
They were looking for offers over $7 million for the three level home with internal lift, but now will accept $6.95 million.
The home is fitted with imported materials including French exterior shutters and Himalayan sandstone.
The main outdoor pavilion overlooks the heated pool with 10 person spa. A second balcony features with a custom-built outdoor gas fireplace and barbecue. 
The gardens spill on to a vast 43 metre long private white sandy beach with double boat ramp, shed and pontoon.
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Price reduced on Paradise Waters trophy home

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Gold Coast Titans director Darryl Kelly, dubbed the clubs 'saviour', has listed his Paradise Waters home.
Darryl and wife Joanne bought the riverfront home in the prestigious residential enclave of Admiralty Drive in 2013 for $3.35 million.
It now comes with $5.25 million hopes through Michael Kollosche and Jordan Williams at Kollosche Prestige Agents.
The four bedroom home on a 733 sqm parcel features a solar heated pool.
A bridge over the living room links the king-sized master and guest suites, each complete with their own private waterfront balconies.
The Wagga Wagga born rugby league fan hopes the NRL franchise may return to the glory days 
This article first appeared in the Weekend Australian Mansion Australia section.
 
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Gold Coast Titans director Darryl Kelly lists in Paradise Waters

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Freight tycoon Clive Thomas and his wife, Lee, have listed their Paradise Waters trophy home which comes with a private white sandy beach.
Thomas paid $6.5 million for the waterfront in 2007.
The home on 1,375 square metres spans 650 square metres of internal space with four ensuite bedrooms.
The property has been listed by Christie's International agent Darren Curtis in conjunction with Platinum Residences agent Michael Vettoretto.
<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/2016/12/23/Paradise%20Waters-2.jpg" alt="">
The couple are best known for having spent $7.05 million this year on the Bayview trophy La Joie de Vivre, better known as the original Bachelor Australia mansion.
They bought it from philanthropist and retired transport magnate Greg Poche and his wife Kay van Norton, who paid $10 million in 2003.
This article was first published in the Weekend Australian Mansion Australia property section.
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