New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

Poll Of The Day

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Landlords, do you think that dog owners are better tenants?
RE/MAX WA managing director Geoff Baldwin believes that opting for tenants with dogs and pets may actually be a better option.
“The general feeling is that a dog may in some way damage the property however as an experienced manager of large rent rolls I have found this to be far from the truth and in many ways quite the opposite applies,” said Baldwin.
“Considering, or even welcoming applications from dog owners has two major advantages for the landlord in that these tenants will usually pay a premium rent and they are much less likely to move because it’s harder for them to find another pet friendly property owner,” he said.
He says that while it “may sound brutal” often more damage can be done by young children than by a dog, yet no one considers banning families with children from applying.
“Of course it is important to take into account the size of the dog, whether or not it is a breed that sheds fur, its age, whether it’s an inside or outside dog and any other information that can be gleaned before making a final decision,” he said.
He also suggests seeking feedback from previous landlords. In Western Australia, the property owner does have the ability to legally ask for an additional ‘pet bond’ – a luxury not necessarily available in the other states and territories.
“In a more competitive rental market as is predicted for 2015, owners should be looking at ways to make their property more attractive and actually inviting tenants with dogs to apply is a huge point of difference,” he said. 
{mijopolls 72}
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jduke-EHk3XBmHkn

Poll: Are dog owners better tenants?

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When you’re listing a residential property, there’s usually plenty to run with.
A beautiful front façade image in the dim light with all the porch lights on? Gorgeous.
An outdoors verandah near the pool where you can place a, debatably effective, bottle of wine? It has been done.
But what do the experts opt for when it’s just a simple block of land? We decided to have a look.
This first offering – <a href="https://www.realestate.com.au/property-lifestyle-nsw-inverell-7687479" target="_blank">Monatana in New South Wales’ Inverell</a> – is a series of blocks offered through Landmark Harcourts. They’ve done a great job at the opening photo (below), with an evocative picture of a boat on the river, and use their gallery to show off the features of the land blocks. Dams, scrub and even a tent feature in the images.
<img src="/images/2014/10/27/inverell%20oct%2027.jpg" alt="">
Meanwhile, Spencer Woods Real Estate – Northcote are advertising <a href="https://www.realestate.com.au/property-estate-vic-wallan-200739767" target="_blank">the last three blocks of land in a Wallan estate</a>. They include just one picture – of generic grass (below).
The land, priced from $105,000 to $115,000 for over 500 square metre offerings, can also be bought together but advertise themselves to first home buyers.
<img src="/images/2014/10/27/wallan%20oct%2027%20one.jpg" alt="">
Wilson Property RCI – Traralgon, <a href="https://www.realestate.com.au/property-estate-vic-traralgon-200442679%20" target="_blank">now selling stage five</a>, has another approach. Providing an overhead image of the lots available (below), and the masterplans and all associated information, it appears they’re aiming for detail rather than evoking the dream.
<img src="/images/2014/10/27/traralgon%20oct%2027%20one.jpg" alt="">
Some of the “cheapest land” in South Australia’s Terowie – at $3,500 for a 1,000 square metre block – <a href="https://www.realestate.com.au/property-residential+land-sa-terowie-201003947%20%20" target="_blank">is up for sale</a>. The images share a somewhat drying looking block (below), but also provide a shot of the plan and aerial imagery.
<a href="https://www.realestate.com.au/property-residential+land-sa-terowie-201003947"><img src="/images/2014/10/27/terowie%20oct%2027%20one.jpg" alt=""></a>  
Other common ways to advertise land or land releases include an image of the sign of the development, a map of the masterplan, or a generic stock photo of a family either on play equipment, at a café or at the park.
{mijopolls 58}
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The best way to advertise blocks of land: Poll

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The rate of price growth in the housing market has peaked, with prices to grow modestly over the fourth quarter and beyond, according to LJ Hooker’s Buyers’/Sellers’ Market Index.
Sellers were in favour over the third quarter, but now it’s buyers that may be given the upper hand.
In New South Wales, Victoria and Queensland, the third quarter recorded the ninth of favourable selling conditions. This is indicated by statistics that show sales outstrip listings.
Meanwhile, in Western Australia and the ACT the markets remain balanced, while Tasmania has been in favour of buyers.
While sellers were still in favour in the third quarter, LJ Hooker national research manager Matthew Tiller said that it was important to note that the index was a record result for sellers and may have reached its peak.
“According to the ABS [Australian Bureau of Statistics], the rate of growth of finance commitments peaked in the second quarter after considerable growth over the last three years,” said Tiller.
“As price growth returns to a more sustainable level and listings come on to the market for the spring and summer selling seasons, we forecast a gradual shift back towards a buyers’ market,” he said.
Western Australia, Tasmania and ACT offer immediate future and opportunities for house growth, according to LJ Hooker head of real estate Christopher Mourd.
“LJ Hooker’s network of offices are commonly reporting that many owners are viewing the low interest rate environment as an opportunity to upgrade,’’ said Mourd.
“However, many won’t commit to listing their home until they’ve found their next home. This preference has created a shortage in supply, and heavily weighted the index in favour of sellers going to market now,” he said.
<img 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" alt="">
Source: LJ Hooker
{mijopolls 45}
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Market's price growth rate has peaked: LJ Hooker

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The Channel 7 House Rules resident design expert Carolyn Burns-McCrave recently shared her top 10 tips for any renovation. 
<ol>
<li>Honestly and clearly identify your needs, wants and motivation for renovating.</li>
<li>Create a master plan so that you do things in the most efficient order.</li>
<li>Hire a design professional.</li>
<li>Design it better, not bigger. It's not how much space you have but how well it functions for you and your family. </li>
<li>Design and document everything down to the last detail so that pricing by builders is accurate. It's vital that quotes are comparing apples with apples and there's minimal guess work.</li>
<li>Work a contingency into your budget and your time frame. It will take longer and it will cost more!</li>
<li>Be patient. Wait for the right builder for you to be available. A good builder is a busy builder.</li>
<li>Communicate with everyone involved in your project. It's a full time job to constantly be in the loop but it promotes a good working relationship that will stand you in good stead when challenges arise. </li>
<li>Keep the faith. Don't start cutting corners at the end of your project because you just want it to be over. Be as focused on what you want at the end as you were in the beginning, because all those finishing touches are what you will see when it's all done.</li>
<li>Enjoy the ride. It's important to embrace the journey of renovating by staying positive and enthusiastic - it is always worth it in the end.</li>
</ol>
<a href="https://au.tv.yahoo.com/house-rules/24224716/carolyn-s-top-reno-tips/#page1" target="_blank">Carolyn Burns-McCrave</a> says she loves watching people develop their eye for design.
{module Do you agree renovations are always worth it in the end?}
 
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po-LsXgBTHBmX

Carolyn Burns-McCrave's top 10 House Rules renovation design tips

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Is there a glass ceiling for women in real estate? Some will say yes, others will say no. We encourage you to have your say in the comments section and in the poll at the bottom of this post.
Just Think Real Estate’s Edwin Almeida took this question to Gai Waterhouse, legendary horse trainer and businesswoman, and <a href="/news/gai-waterhouse-springs-into-melbourne-apartment-high-society-title-tattle">purchaser of a Spring Street, Melbourne apartment</a>.
“It is perhaps only when you stand next to celebrated women, iconic celebrities, if I can put it this way, that you truly understand how tenacious and well-grounded such individuals are in their knowledge of the industry,” Almeida explains.
“The question asked of Gai Waterhouse was; is there a glass ceiling that sits above professional women, particularly in regards to the real estate industry?”
The simple answer she provided was that yes, for professional women there is a glass ceiling.
“However, women that want to make it in any industry and be the leaders breaking new grounds, need to approach this obstacle with determination to be the best and to continually chip away until you break through. Notably, Waterhouse’s insights is grounded in experience and as I said, her expert knowledge within the racing industry,” said Almeida.
He explained that observing Waterhouse quickly identified some of the skills behind her successes.
With Waterhouse engaging every guest that visited at the Sunday charity event, including the children, Almeida noted that real estate agents could learn a lot – particularly for their approach at an open home.
She gave this advice: “Know your market, know your product, know your industry,” Almeida explains.
You can see the full interview, or read it in the transcript, below.
{qtube vid:=2aoWKaAiQWg}
Transcript:
ALMEIDA: Welcome, my name is Edwin from Oz Real Estate TV and I am delighted to have Gai Waterhouse with us today. Thank you.
WATERHOUSE: Lovely to be with you. I’m very excited.
ALMEIDA: Gai has made a huge contribution to our inaugural competition to raise funds for Westmead medical research foundation. Gai, your prize on the night raised just over $3,000. Thank you.
WATERHOUSE: I’m glad you’ve come out today as it’s very important, firstly to raise money for charity. It’s such a worthwhile charity that you’ve personally had so much involvement with.
ALMEIDA: Gai, there’s a perception out in the real estate world that there’s a glass ceiling for female real estate professionals. I’m sure you have a lot to say about that. Is there a glass ceiling for any female professional?
WATERHOUSE: There is a glass ceiling, and I just say you keep on chipping away and you crack it and you make sure you get to the top. You’ve got to be very focused, you’ve got to be very determined in life and you’ve got to know what you’re doing and do it well. Every Sunday at the stables I open the yard for my owners and friends and people from charities, like you Edwin, to be here and to see exactly what we do behind the shutter door here on Kensington Street in Bowral, Sydney.
ALMEIDA: So, you’ve heard it from Gai, there’s the perception that there is a glass ceiling but you’ve got to chip away at it. Gai, I’ve written a couple of articles about the real estate industry being poised for female agents to take over the industry. The platform, the springboard is there, I’ve seen you do it in the racing industry, and I’m hoping that somebody of your calibre actually takes that platform on and takes on John McGrath.
WATERHOUSE: [Laughs] Well, John is a personal friend of mine. All I know is that if you know your product, you know it well and, importantly, you have the right product to sell – you’ve got to have the credibility, you’ve got to have the determination not to allow the sale to walk out the door. That’s the most important thing.
ALMEIDA: And the question I’m sure all the viewers are waiting for me to ask – what’s your tip for the weekend?
WATERHOUSE: My tip for the weekend… well, horses you should follow is a horse called Access Knowledge, which is a horse bought in England by Bruce Slade, a very exciting horse. I also like a horse called Almaha, he races in Queensland. He’s really exciting. A filly called Bay Rock runs at Randwick, she’s delightful and the cutest horse called PJ, we call it PJ like Pyjamas, Pajero, who runs on Monday over the long weekend – a very nice horse.
ALMEIDA: Well, I’m putting my money on PJ. Gai, thank you very much for your time. Thank you once again for your charitable heart and you’re an absolutely gorgeous woman. Thank you very much.
{module Do you think there is a glass ceiling for female real estate agents?}
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Gai Waterhouse answers the question of the day: Is there a glass ceiling in real estate?

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A vacant land block in Port Adelaide was up for sale through eBay. The 105 square metre block, <a href="https://www.realestate.com.au/property-residential+land-sa-port+adelaide-200904771" target="_blank">Lot 14 Mercantile Dock, Port Adelaide</a>, was discovered by a new Ray White agent when he was browsing on eBay.
It is now going to auction on 28 June, with a price expectation of $350,000. The eBay price asked for $360,000.
Ray White Norwood’s Murray Pope said that he approached the owners to ask if they wanted help selling the land.
“It turned out the owners were based in Queensland and they were very happy with the idea of a local agent auctioning the land,” Murray explained.
This will be Murray’s first auction, having just joined Ray White Norwood in early-2014.
It is one of the smallest blocks, but it isn’t expected to put off buyers, he said, noting that much of the land around is of a similar size.
“Good sized and functional homes are still easily constructed by building a tri-level home with a rooftop garden. We have the plans drawn up of a home that would suit this land,” he said.
<img src="/images/2014/06/03/port-adelaide-june-3-floor-plan.jpg" alt="">
He said that it will suit families and developers. The eBay listing noted council rates at $278 per quarter.
{module Real estate agents – would you look for a lead through eBay?}
Share other quirky ways that you have found vendors in the comment section below.
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