A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Joel Robinson

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

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	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
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	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

Property Development

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Developers who are councillors should not be allowed to vote on any planning instrument that they could benefit from. 
It is important that the approval of planning changes that could affect property values are not undertaken by councillors who could be perceived to gain from those changes. This means that any councillor with a pecuniary interest in a property in the local government area should not vote on development applications or on the rezoning of precincts affecting that property.
If a councillor is involved in development, or owns land that could change in value, or could gain an increase in their own land value by opposing more housing supply, then that councillor should not be able to vote on any change to the planning rules.
The Urban Taskforce believes that it is preferable that full time developers do not become councillors as they will be perceived to be involved in increasing the value of land they may own.
There should also be stronger controls on the role of councillors elected to council on an anti-growth platform as they are clearly concerned to maximise the value of existing properties by stopping more supply. Their pecuniary interest is less direct but it would be best for them to not vote on development applications or rezoning of precincts.
If all those who are conflicted on planning issues are excluded from voting it is likely that a quorum of voters may not be achieved. The answer should be to move to a fully independent process of approval of planning issues by Independent Hearing and Assessment Panels (IHAPs) or for the proposed Greater Sydney Commission to take over this role. IHAPS are used successfully in many areas and would negate any real or perceived conflict of interest and result in a clear, transparent decision making process. 
It will be better for Metropolitan Sydney to move planning away from the competing interests of factions in local government to an independent process run by experts.
 
Chris Johnson is chief executive officer of property development industry group Urban Taskforce and can be contacted <a href="https://www.urbantaskforce.com.au/index.php?option=com_content&amp;view=article&amp;id=97&amp;Itemid=126#.Vdaart55dFI" target="_blank">here</a>.
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Councillors should not vote on plans they can benefit from: Urban Taskforce

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Building of St Kilda's new 19 level teadrop-shaped residential building Opera will commence in early 2016, with completion anticipated in 2018. 
Designed by local architects Bates Smart, the $190 million building at <a href="https://www.realestate.com.au/project-opera-vic-melbourne-600008629" target="_blank">450 St Kilda Road</a> will include 228 one, two and three bedroom apartments. One bedrooms have one car space and the two and three bedders get two each.
Some three and four bedroom apartments, ranging from $1.12 to $2.7 million for a three bedroom and $3.1 to $4.88 million for a penthouse or sub-penthouse have already been sold.
The glass curved design requires double curved glazing panels to be installed on site – a process known as cold bending – the first of its type in Australia.
 
 
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mick.cee-iDmgDDAmu8

St Kilda's Opera residential development to start 2016

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Infinity By Crown is the latest multi residential complex offering from Crown Group, designed by Japanese pioneer and Sydney based architect, Koichi Takada.
Ambitious in design, the landmark tower is located at the gateway of the Green Square town centre on the outskirts of the Sydney CBD. 
The design seeks to engage both residents and admirers through architecture, aiming to inspire the idea of spectacle. 
<img src="https://static1.squarespace.com/static/50e3c8f9e4b0395512a60c4c/t/54815591e4b0dc44e16d5564/1417762193793/KOICHI+TAKADA+ARCHITECTS?format=1000w" width="363" height="469">
Designed by Koichi Takada Architects, Infinity by Crown Group challenges conventional residential apartment design with a unique looped shape.
Infinity by Crown will be located close to Green Square train station, one stop from Sydney’s Central train station, at 301-303 Botany Road Zetland.
<img src="https://static1.squarespace.com/static/50e3c8f9e4b0395512a60c4c/t/5343cfe3e4b0c7c09a3e4c24/1396953061217/?format=1000w" width="487" height="344">
The amenities on offer will include a fully-equipped gym, music room complete with baby-grand piano, media theatre and a sky lounge with Sydney CBD views.
The collection of 401 luxury serviced apartments are already garnering attention from all over the world.
Apartment sales begin on August 29 priced from $650 000.
 <img src="https://infinitybycrowngroup.com.au/wp-content/uploads/2014/11/apartments01.jpg" width="550" height="172">
Crown Group Project and Commercial Sales Director Roy Marcellus said the building’s resort-style pool and elegant interiors has attracted particular interest from potential buyers.
“Future residents will experience the highest level of amenities and everyday luxury; all in this landmark location in Sydney’s new Green Square Town Centre,” Mr. Marcellus said.
“The interest in Infinity by Crown Group is phenomenal,” he said. 
 
<img src="https://infinitybycrowngroup.com.au/wp-content/uploads/2014/11/precinct04.jpg" width="556" height="174">
 
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Green Square Infinity nears sales day

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GUEST OBSERVER
 
The release of data by the NSW Minister for Planning on the supply and take-up of employment land in Western Sydney shows good growth and this must continue while major infrastructure projects are developed. 
Western Sydney needs a massive supply of new jobs and while the upward trend announced by the NSW Government is good news, it is important that growth is not affected by the infrastructure construction planned for Western Sydney.
Key infrastructure projects such as the Badgerys Creek Airport and the M12 are absolutely essential for future growth however developments that deliver jobs must not be put on hold while the infrastructure is planned and delivered.
With Badgerys Creek Airport EIS underway and planning in progress for the WestConnex, the M12, Sydney Metro, and other key infrastructure there will be a solid decade of planning and construction of new infrastructure. This process must not slow down strategic planning or development applications for employment projects or new housing in the meantime.
The State Government must take the lead in managing the short and long term impacts of major projects that the Federal Government is involved in to ensure that new development areas are able to proceed alongside the significant disruption that will come with massive infrastructure construction.
 
Chris Johnson is chief executive officer of property development industry group Urban Taskforce and can be contacted <a href="https://www.urbantaskforce.com.au/index.php?option=com_content&amp;view=article&amp;id=97&amp;Itemid=126#.Vdaart55dFI" target="_blank">here</a>.
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Take-up of employment land in Western Sydney shows good growth: Urban Taskforce

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The first land release in The Gables Box Hill is slated for Saturday August 22, with 170 lots released over two days through priority number and auction.
Lot sizes from 450sqm to 600sqm will be released, with prices starting from $540,000. Some lots are elevated and have views overlooking the entire project.
The Gables Box Hill development director, Matthew Scard, said over 13,000 people eventually move into The Gables.
Eventually 4,000 dwellings will be built on the 3330 hectare holding. The development includes a proposed lake, a 5.5 hectare town centre, active and passive open spaces, a school, new roads and associated infrastructure.
Developers of The Gables, Celestino, are also managing work on The Sydney Science Park following the NSW Government's Gateway Determination for the its development. It will be a 280ha development and upon completion is expected to employ over 12,000 staff, 10,000 students in key scientific and technological and provide more than 3000 homes. 
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For more information on The Gables <a href="https://www.thegablesboxhill.com.au" target="_blank">click here</a>. 
 
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The Gables development set to release 170 lots 

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Former contestants of The Block, Dan “The Foreboy”, Dani Wales and Chantelle Ford, winner of Fans Vs Faves, will be offering their apartment design and styling tips at Wantirna South's property development Knoxia this Saturday.
Yuka Chen, general manager of Centric Capital Group said the event will cover latest design trends by some of Australia’s biggest renovation reality stars.
“The blockheads have delivered some amazing spaces over the series they filmed and their design aesthetics align with the vision we have for Knoxia," he said.
“By offering a session with the Blockheads, we hope to equip apartment owners and future residents of Knoxia with the valuable knowledge of how they too can incorporate elegant, yet affordable design elements into their home without breaking the budget."
<img src="/images/2015/08/20/block2.jpg" alt="">
The ‘Block All Stars’ event will be held on Saturday 22nd Aug from 12pm to 3pm, at the onsite display suite at 456 Burwood Hwy, Wantirna South.
For more information, click <a href="https://www.knoxia.com.au" target="_blank" style="line-height: 1.3em;">here</a>.
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Styling tips from The Block All Stars set for Knoxia

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A survey by researcher Michael Matusik has confirmed what many in the real estate industry knew or suspected – that developer claims about sales in their unit projects are often a pack of lies.
He surveyed 10 recently-completed projects with a combined 1,500 apartments in the Brisbane inner-city market and found that sales rates were, in most cases, agonizingly slow - quite a contrast to the claims of “selling fast”, “few remain” and “50% sold within the first month of release”.
He says many claims made by developers and marketers are so outrageously false, they should be investigated and prosecuted by the relevant authorities.
His conclusions: “The sales rates promoted in many new apartment advertisements are optimistic at best. In some case, there’s outright lying, which should be challenged by ASIC and the real estate institute.”
Amen to that. Project proponents who falsely claim to have made high levels of off-the-plan sales often goad gullible investors or home-buyers into hasty action, for fear of missing out. These buyers often end up with dud investments, over-priced and falling in value.
I get frequent emails from investors, usually impressionable young people, who are being pressured by accountants, solicitors or financial advisors into buying off-the-plan apartments in the inner-city suburbs of our major cities. 
They are bombarded with claims of high sales rates, never-to-be-repeated offers and the prospect of windfall capital gains. They’re under heavy pressure and highly stressed, because they’re afraid of making a decision they’ll regret. Many are unaware of the massive commissions their “advisors” will receive if they buy.
It’s the dirty underbelly of the property industry that regulators seem powerless to eradicate. But a clampdown on false claims about sales rates as a way of enticing buyers would be quite easy for ASIC or the Office of Trade Trading to police.
If Matusik can conduct a revealing survey, surely the authorities with their much greater resources can do the same or better.
His survey found that the true sales rate among the surveyed developments was just three apartments per project per month. The results ranged from one to seven sales per month per project, but the average was three sales per month. It took most of the projects 15 months to sell enough units (i.e. over 60% of the project) to start construction.
“The shortest time period to sell out a project was 21 months, while the average time was just over three years,” Matusik said. “Several projects took over four years to sell out.”
Amazing to consider these results, against frequent claims by project proponents of having sold half the units even before the launch of marketing, or having sold out most of the project in the first weekend of marketing. Often an expression of interest is classified as a sale.
Media reports such claims as gospel, when often they’re shameless fabrications. Journalists don’t challenge anything anymore.
Matusik says: “We need some clear rules. For mine, an off-the-plan sales can only be reported as ‘sold’ if the contract is signed, unconditional as to finance and the stipulated deposit has been paid.”
This issue will get worse before it gets better, given the upcoming tsunami of new apartment projects in Melbourne, Sydney, Brisbane and Perth as our major cities head into an era of over-supply.
TERRY RYDER is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can  <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a>
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Over supply ahead as tsunami of new apartment projects hit Melbourne, Sydney, Brisbane and Perth: Terry Ryder

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Nine Entertainment Company today announced it has agreed to sell its Willoughby headquarters for $147.5 million.
Hong Kong-based property investor Euro Properties has purchased the site under a lease for a further three years after the sale is complete in 2017.
The sale is still subject to FIRB approval. The NSW Land and Environment Court has allowed a maximum number of apartments to 400 units, housed in five planned buildings which will be limited to a maximum height of eight storeys.
Nine Entertainment's Simon Kelly said the sale would allow the company to re-locate to new state of the art facilities.
The Willoughby site was the first in Australia to begin regular TV transmissions on September 16, 1956.
Nine noted the Willougby studio is the last original TV station in Sydney, with the ABC leaving Gore Hill in 2003 and Seven exiting Epping in 2009.
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Nine sells Willoughby site to Euro Properties

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An entire Castle Hill cul-de-sac is up for sale in one line, as The Hills comes alive with prospective apartment site amalgamations.
All eight neighbours on Poplar Court have united in the hope their early 1970s homes will be snapped up in one lot by a developer.
Totalling 6472sq m, the site is being marketed as a walk to the future Castle Hill train station of the North West Rail Link.
While Gwen Hughes has lived in her Poplar Court home for decades, others — including the development push co-ordinator Leah McGinley — bought just five years ago.
Castle Hill, 26 km northwest of Sydney CBD, has about 10 other known proposed development site offerings, all expecting approvals which will kick-start the likely dramatic change that will coincide with the train’s arrival.
“Own the Street!,” advertises LJ Hooker estate agent Brian Caba, who has the six Poplar Ave houses plus the two bordering Cecil St listed in conjunction with Harcourts agent Steve Cole.
“We want to be among the first out,” Ms McGinley said of the decision to list.
“We want to beat the rush as every man and his dog will be trying to sell sites.”
<img src="https://cdn.newsapi.com.au/image/v1/c670bf61f190d5a3e6735f45e6e4d86b?width=650" width="650" height="366">
Mr Caba has led the marketing of the amalgamated sites including 20 neighbours on Middleton, Dawes and Hughes Aves.
They fall within the state government’s Urban Activation Precinct around the North West Rail Link, which is due to start running in 2019, or even possibly ahead of time in 2018.
“I’ve got four sites and am working on another 15,” Mr Caba said.
“Castle Hill is going to be like Chatswood.”
The aim of the state government’s program is to encourage developers to add to the city’s housing supply by building apartments near new and exisiting transport hubs.
While the value of the sites could depend on the details yet to be released by the Hills Shire Council, sellers and agents hope some developers are keen enough to take early positioning.
Castle Hill has been designated an urban activation precinct which will spark a rush of group sales.
Already five houses on Garthowen Cres netted $20 million for their owners last year.
<div class="w_ad_mbl_rectangle_article-middle">Castle Hill’s median house price is at a record $1.2 million, according to CoreLogic RP Data, with Mr Caba saying typically up to three times as much could be achieved from selling to developers.</div>
House prices across the suburb have increased from $780,000 in early 2013.
Late last year many Castle Hill residents attended meetings on potential prospecting by developers who advised 4000sq m plus was needed for highrise apartments, or about 1800sq m plus for townhouses.
It was after the meeting that Ms McGinley decided to make her neighbourhood’s first mover advantage.
“We are making owners into multi-millioniares,” Mr Caba said.
Despite the likely real estate windfall, the push is also causing fractured friendships between neighbours, even feuding over whether to participate and at what share of the windfall.
There is also concern at the construction turmoil that will beset the suburb in future years.
While Castle Hill is currently in early overdrive, the highrise trend is tipped for other areas such as Cherrybrook, Frenchs Forest, Glenhaven, Dural, Kellyville and Rouse Hill which could all face something of a lesser transformation.
This week 10 owners in St Leonards have put up their homes for sale after Lane Cove Council approved the South St Leonards masterplan to increase dwelling construction.
This article was first published in the Daily Telegraph.
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Entire Castle Hill cul-de-sac up for sale in development precursor

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An international expression of interest has opened for the development of Western Australia's Rottnest Island resort and marina -  a 2.8Ha resort site with 350 metre water frontage.
The project will eventually include a 250 berth marina opposite the resort and, once built, will be the first &amp; only formal marina complex on the Island
Expressions of interest are being held through CBRE and close Friday, 18th September at 2pm.
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