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

Pittwater

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Origin Energy chief executive Grant King and his wife Jenny have a $1.7 million price on their redundant Pittwater retreat.
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The Neutral Bay couple now own a pricier Palm Beach beachfront. 
<a href="https://palmbeach.ljhooker.com.au/33MF6Z/11-coasters-retreat-coasters-retreat" target="_blank">The waterfront reserve Coasters Retreat cottage </a>was bought it in 1995 for $307,500 before its extensive renovation and extension. 
Accessed only by boat or a regular ferry service from Palm Beach, Noel Nicholson, of LJ Hooker Palm Beach, has the listing.
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jchancellor-FAypfDUnLy

Modernised Coasters Retreat cottage with $1.7 million asking price

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The Pittwater trophy home Ventnor, one of the oldest buildings on the northern beaches, has been listed for sale.
Dating back 155 years on one of the peninsula’s biggest blocks, the 1860's residence in Elvina Bay was built around the American Civil War.
It was first owned by William Oliver, who was granted 12 hectares of land in 1842. He cleared the area for an orchard.
The home features a cast-iron combustion stove, sandstone verandas and Victorian-era fireplaces.
Realestate.com.au found historic reports that said Oliver cut oak timber, favoured as fuel for bakers’ ovens, and created orchards in the area.
Oliver and his wife Mary held the land until 1882 and were buried in the cemetery behind the church they helped build in Church Point.
Their son Frederick, who died in 1867 after falling off his horse, is buried further inland from the Elvina Bay house and his sandstone gravesite is still in place, beside a popular walking track.
<div class="wp-caption"><img class="size-full wp-image-256461" src="https://www.realestate.com.au/blog/wp-content/uploads/2017/12/01160016/capi_2644fecf6b62f5b19891153c3d4deff0_3b72eb639c88fd759cb76247122bd1c4.jpeg" alt="A shot of Ventnor from the water. Elvina Bay. NSW" style="font-size: 12.16px;" data-capiid="3b72eb639c88fd759cb76247122bd1c4"></div>
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Set on a 3165 sqm waterfront parcel, the home is in Elvina Bay, a small inlet only accessible by boat. The home comes with a private jetty and boatshed and sits in grassed gardens framed by established trees. Complete with brick chimneys, deep verandahs and corrugated iron roof, the single-level home has three bedrooms. The home was identified as being culturally significant by a local heritage study in the 1980s. Its heritage status has since been removed.
The home is on 3163 sqm of waterfront land with a private jetty, boatshed and wide Pittwater views in two directions.
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<img class="size-full wp-image-256459" src="https://www.realestate.com.au/blog/wp-content/uploads/2017/12/01160010/capi_2644fecf6b62f5b19891153c3d4deff0_17140e82eb996b84f7a2dfcc3fd73e6f.jpeg" alt="Ventnor 39 Sturdee Lane, Elvina Bay. NSW real esta" style="font-size: 12.16px;" data-capiid="17140e82eb996b84f7a2dfcc3fd73e6f">  
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The single-storey home with corrugated iron roof was identified as of cultural significance by a local heritage study in the 1980s but its heritage status has been lifted.
Ken Jacobs, of Christie’s International, said while there were many period details intact in the house, the property had also been remodelled and extended over the years.
P.M.C Hill and Christie's International are marketing the home with $3.5 million hopes.
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j.ballantyne1990-6AQqhLzZaK

Ventnor, one of Pittwater's oldest homes for sale

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The Avalon home of former champion windsurfers Anick Graveline and Tom Luedecke has been listed for sale between $10 million and $11 million.
Boatanica is a <a href="https://www.realestate.com.au/property-house-nsw-avalon+beach-126538574" target="_blank">complete rebuild</a> since they bought it in 2011 for $3.6 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/7/BOAT2.jpg" alt="">
It was a collaboration between architect Richard Cole with Luedecke’s Touchwood D.B for the Pittwater location.
The contemporary sandstone, concrete and glass residence with a pool and boatshed is listed with McGrath agent Jonathan Fletcher. 
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Boatanica on Pittwater listed by windsurfers

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The newly appointed BHP Billiton director Grant King, and his wife Jenny, have sold their Pittwater weekender, at Coasters Retreat for around $1.3 million.
It was a fairly humble weatherboard cottage when the couple bought it in 1995 for $307,500, then <a href="https://www.realestate.com.au/sold/property-house-nsw-coasters+retreat-124029470" target="_blank">doubling it in size and renovating throughout</a> with high-end finishes.
The two-storey house, accessed only by boat or ferry service from Palm Beach, came with initial hopes of $1.7 million back in 2015 when King was the boss of Origin Energy.
The Kings now have a $4 million Palm Beach retreat and a $6.2 million CBD penthouse after selling their Neutral Bay mansion for $16.5 million.
This article was first published in the Saturday Daily Telegraph.
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firstname1-iYD4UYzvBa

BHP Billiton director Grant King sells Pittwater weekender

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A Sydney beach house designed by architect Bruce Eeles and tucked away into a subtropical valley only metres from Great Mackerel Beach in Pittwater, has been sold for an undisclosed price in a private treaty negotiated by Kathryn Hall Real Estate this month.
Monikered Bimbimbi (Place of many birds) 51 Monash Ave was a particularly special choice for fans of the outdoors, offering the opportunity to swim, fish, sail, boat or bush walk in the surrounding Ku-ring-gai National Park.
<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/2017/04/20/Screen%20Shot%202017-04-20%20at%203.02.42%20pm.jpg" alt="">
Features of the north facing house included built in wardrobes, Swedish combustion fireplaces, balcony and deck complementing outdoor garden views, fully screened garden with a BBQ area and courtyard, and a studio. 
Environmentally sound benefits of the property were also incorporated, such as water efficient appliances, wall and ceiling insulation, a rainwater storage tank, and a greywater system.
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jonathanchancellor-7SQnKwU6yx

Mackerel weekender designed by architect Bruce Eeles sold

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Celebrity landscape gardner Jamie Durie didn't stay away from Avalon for long, having quietly bought a $2.275 million waterfront.
The original 1960s Pittwater cottage has four bedrooms, a retro kitchen and a self-contained accommodation on the lower level.
Each floor includes a deck or terrace overlooking Pittwater and a sandstone pathway leads directly to the foreshore. The 1000sq m property was listed for $2.45 million.
The property replaces the hillside home the Manly-born Durie sold early last year. It was his whale-themed home that fetched $3.75 million.
He had teamed up with architect Walter Barda to create the home, which was designed to look like a whale. Planning and construction took three years.
The result is a complete original — topped off by an observation deck in the shape of a whale’s stomach, surrounded by a zinc roof designed to look like a whale’s tail.
Durie is no stranger to major renovations, having pioneered the ongoing renovation series, The Block in 2003. 
This article was first published in the Sunday Telegraph.
 
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Jamie Durie buys on Pittwater at Avalon

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The Pittwater home of Laurence Eastwood, one of Australia's most distinguished production designers, and wife Deborah has been sold.
There's unconfirmed whispers on the fast offshore Pittwater property rumour mill that the buyer may be Justin Hemmes, the hotelier who will be spending plenty of time up that way given his recently opened The Newport by Merivale venture. He will no doubt fly in with his new sea plane.
The Eastwood couple bought the block of land overlooking Morning Bay at Lovett Bay for $510,000 in 1996.
Built in 2006, around the time he returned to his architectural work, the <a href="https://www.belleproperty.com/buying/NSW/North-Shore-~-Upper/Morning-Bay/House/77P1528-32-bona-crescent-morning-bay-nsw-2105" target="_blank">three bedroom Bona Crescent home</a> won him a number of design awards. The house, a post-and-beam design with a vast floating roof and huge stainless steel box gutters that feed rainwater into a 50,000-litre tank, took five months to construct.
The house was designed to take full advantage of both its water and bush views, with wide decks at the front and rear of the living area. He once noted most people build for the water view only but their house was also open at the back to look at the bush.
Belle Property Avalon agent Phil Bell was looking for $3 million.
He had studied architecture in London before taking up theatre design and production.
In 1970, he emigrated to Australia where he joined John Bell, Ken Horler and Richard Wherrett in the formation of the Nimrod Theatre Company at the now Stables Theatre where he designed and production managed many productions including The Removalists.
Laurence worked on Newsfront, Crocodile Dundee II, A Town Like Alice and Phar Lap.
This article was first published in the Sunday Telegraph.
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Justin Hemmes secures Pittwater retreat from Laurence Eastwood

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The clifftop concrete sculpture, Mystere, over looking Pittwater from Bayview Heights, has returned to the market.
<a href="https://www.realestate.com.au/property-house-nsw-bayview-122159046" target="_blank">The noteworthy four-bedroom house</a> - which would not be out of place in a James Bond movie - was built in the early 1960s to a design by the architect Stan Symonds. 
Symonds is known for his six futurist designs, including the Schuchard House in Seaforth, with this organic modernist design the first of his landmark designs.
The starkly white house is easily spotted from Pittwater but the Ilya Ave neighbours don't get a peek given its set on a 4182 sqm holding.
The residence was initially nicknamed The Egg And I, after it was built for Carl and Irene Jobson.
It has 540 sqm internal space, with Noel Nicholson at LJ Hooker Palm Beach seeking $10 million. There has been an extensive renovation since it was listed with $6 million hopes unsuccessfully in 2009.
Vendors Lloyd and Jane Anglicas bought it from the seminar co-ordinator Ross Marlow with it last trading in 1993 for $925,000.
This article was first published in the Sunday Telegraph. 
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Clifftop Pittwater trophy Mystere listed

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Origin Energy chief executive Grant King and his wife Jenny have a $1.7 million price on their redundant Pittwater retreat.
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The Neutral Bay couple now own a pricier Palm Beach beachfront. 
<a href="https://palmbeach.ljhooker.com.au/33MF6Z/11-coasters-retreat-coasters-retreat" target="_blank">The waterfront reserve Coasters Retreat cottage </a>was bought in 1995 for $307,500 before its extensive renovation and extension. 
Accessed only by boat or a regular ferry service from Palm Beach, Noel Nicholson, of LJ Hooker Palm Beach, has the listing.
</div>
</div>
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