Castle Hill’s booming development market is set for another boost, with builder-developer Buildex proposing a new mid-rise apartment building near Castle Towers.

Buildex has submitted plans to The Hills Shire Council for a <a href="https://www.apartments.com.au/new-apartments/197-old-northern-road-castle-hill-nsw-2154">nine-storey building comprising 57 apartments</a> on Old Northern Road. The company acquired two adjoining sites earlier this year, totalling more than 2,683 sqm.

Texco Design has prepared the scheme, which includes five one-bed plus study apartments, 37 two-bedrooms, and 15 three-bedrooms.

Castle Hill has become a hotspot for developers in recent years, undergoing significant transformation driven by the opening of the Hills Showground Precinct to development and the introduction of two metro stations servicing the suburb.

Developers including Deicorp and Kassis Homes have already completed projects, and are progressing future developments, while Meriton, Arada, and Ellipse are currently delivering new projects in the rapidly evolving area.

Staff Writer

First look: Buildex plans 57 apartments near Castle Towers

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/immerse-projects">Immerse Projects</a>&nbsp;has unveiled what it intends to deliver at its recently acquired Toowong site, its debut apartment development in Brisbane.

Immerse, founded by John Kearney who is also the founder of regarded construction company Greyburn, secured the prime Sylvan Road site <a href="https://www.apartments.com.au/news/qld/first-look-immerse-projects-moves-into-brisbane-apartment-market-with-toowong-site-acquisition">earlier this year</a>, in an area which has historical significance to Kearney who&nbsp;studied at the nearby University of Queensland.

"It feels like a full circle moment," Kearney told&nbsp;<a href="https://www.apartments.com.au/" target="">Apartments.com.au</a>.&nbsp;

“I spent many nights at the Regatta Hotel just down the road, as have most people in&nbsp;<a href="https://www.apartments.com.au/developments/brisbane-qld" target="">Brisbane</a>. It’s one of the city’s most well-known hotels, and with several cafes, restaurants, and a CityCat stop nearby, it’s become an even more attractive place to live.”

He is planning a <a href="https://www.apartments.com.au/new-apartments/22-24-sylvan-road-toowong-qld-4066">15-storey project with 88 apartments</a> above an activated ground plane with a shop and hospitality spaces.

<img alt="Toowong podium" data-entity-type="file" data-entity-uuid="c350436b-9d64-46cc-ab6f-defc009e1b65" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_0.png?VersionId=zt7A0_14M62TkZ61YHnGmEck9KM9HqDA" />

The architecture, led by <a href="https://www.apartments.com.au/interior-designers/bda-architecture">BDA Architecture</a>, presents a tower massing that responds to the area's evolving mid-rise context. The scheme incorporates podium and rooftop communal spaces, while the commercial elements aim to activate the Sylvan Road frontage and enhance the site's interface with the adjacent parkland.&nbsp;

Landscaping plans by Ivy May Landscape Architects include subtropical planting and deep soil zones to support stormwater management and visual integration.

Supporting documentation from Mewing Planning Consultants notes that "the proposed development will deliver a mixed-use outcome that enhances the vibrancy of the Sylvan Road corridor" and highlights its proximity to high-frequency public transport and community facilities.

<img alt="First look: Immerse Projects moves into Brisbane apartment market with Toowong site acquisition" 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/22-24%20Sylvan%20%20Rd%20Toowong_Markups.jpg?VersionId=u4_IGzpYLPFfAZSsgCZynov3bm7umwJ." />

&nbsp;

There's been little new apartment development in Toowong in recent years. The most notable is Consolidated Properties two-tower Monarch Residences, which is approaching completion with nearly all of its 224 residences sold.

Kearney describes&nbsp;<a href="https://www.apartments.com.au/developments/toowong-qld-4066" target="">Toowong</a>&nbsp;as a suburb with real depth.

"The suburb attracts everyone, from students to retirees, and that's what makes it interesting."

Joel Robinson

First look: Immerse Projects reveals debut Brisbane apartment development in Toowong

<a href="https://www.apartments.com.au/developers/hyecorp-property-group">Hyecorp</a> is down to its final three-bedroom apartments at Audrey, the developer’s parkside St Leonards South project, pairing the remaining homes with a limited-time offer.

The developer is extending a five per cent deposit and a $50,000 settlement rebate on selected apartments, aiming to help owner-occupiers secure one of the final homes ahead of move-in in early 2026.

[smartcode_project:default project_id=110379 project_image_fid=311393]

Located on Canb​erra Avenue opposite Newlands Park, <a href="https://www.apartments.com.au/new-apartments/audrey-st-leonards-13-19-canberra-avenue-st-leonards-nsw-2065">Audrey</a> comprises 102 residences, including a mix of three-bedroom residences and a double-storey, five-bedroom terrace with two outdoor areas.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and delivered by <a href="https://www.apartments.com.au/builders/north-shore-property-construction">North Shore Property Construction</a>, the project reflects Hyecorp’s focus on owner-occupier planning, with open-plan layouts, extensive storage integration, and a material palette built around stone, oak timber flooring and bespoke joinery. Many of the three-bedroom apartments capture views toward the city and Harbour Bridge.

[smartcode_project:default project_id=110379 project_image_fid=207373]

Hyecorp’s internal design team, Jackson Teece, has emphasised a consistent level of specification across the building, including Miele appliances, integrated refrigeration, brushed metal tapware and large-format stone detailing that conceals cabinetry.

The Tiffany Collection, crowning the development on Levels 12 to 15, features added luxury of fluted standalone baths, heated bathroom floors, custom walk-in robes and upgraded appliance packages across its spacious 155 to 159 sqm homes.

[smartcode_project:default project_id=110379 project_image_fid=301367]

Beyond the private residences, Audrey carries a strong amenity focus. Residents have access to an indoor lap pool and spa, personal training studio, private cinema, music room and private dining room.

A landscaped rooftop terrace with CBD views anchors the communal offering, complemented by an onsite café and an integrated daycare centre within the project.

[smartcode_project:default project_id=110379 project_image_fid=198680]

The location continues to be a drawcard for buyers, with new retail additions at Mall 88, including Coles, alongside Woolworths and the established offerings of Forum Plaza. St Leonards Station and Crows Nest Metro is within easy reach, as are local health precincts such as the Royal North Shore Public and Private Hospitals. Nearby green spaces include Newlands Park, Gore Hill Oval and Naremburn Park, supporting strong day-to-day amenity for families and downsizers alike.

Hyecorp is expected to welcome residents to Hyecorp in early 2026.

[smartcode_project_cta:default project_id=110379]

Audrey St Leonards nears completion – settlement bonus now available

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a>&nbsp;has been given the green light to develop its flagship mixed-use project in the Crows Nest metro precinct.

The NSW Government's Housing Delivery Authority approved the 40-storey tower, aligning with the NSW Government's Transport Oriented Development (TOD) agenda to deliver more homes in highly connected, high amenity locations.

The $600 million tower, at 378-398 Pacific Highway, will comprise 178 apartments with resident amenities, two levels of commercial offices, and a curated retail offering. Freecity will also dedicate a 10 percent Affordable Housing Contribution, supporting the Governments broader housing objectives.

<img alt="Freecity Crows Nest" data-entity-type="file" data-entity-uuid="4de9b03b-e8aa-4929-b3f1-6747acbe6b73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20Crows%20Nest%20Project.jpg?VersionId=oWwFWxGj_oUFEYX4j_qRFdSzcShLw3DG" />

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the tower will offer a diverse residential mix, from one-bedroom homes to expansive four-bedroom penthouses, all crafted to maximise light, views and liveability.

Lawrence Zheng, Co-Founder and Joint CEO of Freecity Group, said the approval represents a significant step forward for both Crows Nest and Freecity.

"We are proud to be delivering a landmark project that brings new homes, new amenity and new economic activity to one of Sydney’s most strategically connected locations,"&nbsp;Zheng said.

"With our $6 billion pipeline of 12 mixed-use projects, this development reinforces Freecity’s commitment to helping deliver the housing supply and transport-integrated precincts the Government is championing.”

Michael Romano, Executive Director of Development, said the companies focus is on "creating places that genuinely enhance how people live day to day - communities that balance accessibility, amenity and neighbourhood vibrancy.”

“This project reflects the future of urban living - design led, highly liveable and seamlessly connected to the city’s major transport, employment and education hubs. Being directly opposite the Crows Nest Metro means residents can access the best of Sydney with unrivalled convenience."

&nbsp;

Freecity secures approval for Crows Nest metro precinct tower

The Bedford by Mosaic marks the culmination of a near-decade journey for South East Queensland’s most active developer.

Mosaic Founder and CEO, Brook Monahan, said the company first identified the prime Prospect Street, Kangaroo Point site in 2016 as an A-grade opportunity they were eager to secure. They almost bought it at the time, before it was ultimately acquired by Woolworths’ development arm, Fabcot.

The opportunity resurfaced late last year when the site, vacant for nearly three decades, was offered for sale again.

Backed by years of history, feasibility research, and detailed product planning for the 3,195 sqm corner site, Mosaic was able to move swiftly. The Bedford by Mosaic is now proving a clear market success, unsurprising given the depth of work the developer had undertaken on the location and potential density mix well before they owned the land.

Active across both Brisbane and the Gold Coast, and with a development pipeline more than $2 billion, Mosaic has already sold 90 per cent of apartments in what has become the area’s most significant residential addition in more than a decade.

[smartcode_project:default project_id=134792 project_image_fid=328119]

Designed by BDA Architecture, The Bedford comprises 128 two- and three-bedroom apartments, including the Masterpiece Series Skyhomes across the top two levels. These residences offer the largest floorplans and the best views over the river and city. Premium inclusions—such as natural stone benchtops, bespoke cabinetry, and Miele appliances, feature in every apartment, not just the top-tier offerings.

A defining feature of The Bedford is its integrated mixed-use component, set to deliver Kangaroo Point’s first Woolworths supermarket, along with a café and liquor store, bringing long-awaited convenience to the peninsula.

[smartcode_project:default project_id=134792 project_image_fid=355673]

Residents will also enjoy one of Brisbane’s most comprehensive amenity collections. Dubbed the Rooftop Recreation &amp; Retreat Sky Terrace, the wellness-focused spaces include a resort-style pool with sun deck, an indoor/outdoor gym, spa, sauna, steam room and cold plunge.

Additional amenities include a residents’ lounge and relaxation zones, a private dining room with kitchen, barbecue areas, landscaped gardens, an outdoor viewing deck capturing city and river views, and a bookable golf simulator.

[smartcode_project:default project_id=134792 project_image_fid=355681]

The remaining residences at The Bedford span the upper levels of the building and include two- and three-bedroom floorplans, which start from $1,645,000.

Mosaic's in-house building arm has already commenced construction on The Bedford. They estimate a late 2027 completion.

[smartcode_project:default project_id=134792 project_image_fid=328121]

Monahan notes that Mosaic’s most successful projects often begin years before the first plans are drawn. Their new South Brisbane development is no exception, initially making it onto their radar in 2018.

“We aren’t opportunistic,” Monahan says. “Every site purchase is well considered and thought out. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we are looking at now that we might not secure for several years.”

Mosaic is set to launch its new South Brisbane project&nbsp;in the next year, while its latest Gold Coast development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/josephine-by-mosaic-166-the-esplanade-burleigh-heads-qld-4220">Josephine</a>, is coming soon to Burleigh Heads.

[smartcode_project_cta:default project_id=134792]

A decade in the making: Mosaic's long-awaited success story at The Bedford, Kangaroo Point

Queenstown

<html><body>
Queenstown has the highest house rental yield in Tasmania, according to Real Estate Investar’s latest report.
The property investment said that Queenstown’s rental yield is 10 percent.
This is followed by Clarendon Vale, Waverley and Rosebery with 8 percent and Mayfield and Risdon Vale with 7 percent.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="96">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="70">
Bedrooms
</td>
<td valign="top" width="112">
Current median rent
</td>
<td valign="top" width="79">
Rental yield
</td>
</tr>
<tr>
<td valign="top" width="96">
Queenstown
</td>
<td valign="top" width="64">
7467
</td>
<td valign="top" width="70">
2
</td>
<td valign="top" width="112">
$130
</td>
<td valign="top" width="79">
10%
</td>
</tr>
<tr>
<td valign="top" width="96">
Clarendon Vale
</td>
<td valign="top" width="64">
7019
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$235
</td>
<td valign="top" width="79">
8%
</td>
</tr>
<tr>
<td valign="top" width="96">
Waverley
</td>
<td valign="top" width="64">
7250
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$245
</td>
<td valign="top" width="79">
8%
</td>
</tr>
<tr>
<td valign="top" width="96">
Rosebery
</td>
<td valign="top" width="64">
7470
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$150
</td>
<td valign="top" width="79">
8%
</td>
</tr>
<tr>
<td valign="top" width="96">
Mayfield
</td>
<td valign="top" width="64">
7248
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$230
</td>
<td valign="top" width="79">
7%
</td>
</tr>
<tr>
<td valign="top" width="96">
Risdon Vale
</td>
<td valign="top" width="64">
7016
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="112">
$290
</td>
<td valign="top" width="79">
7%
</td>
</tr>
</tbody></table>
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-421402274">11 Brown Street</a>, Queenstown (above) is available for $130 per week.
Another two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-rosebery-421084438">20 Clemons Street</a>, Rosebery (below) is available for $135 per week.
<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/2017/07/21/20%20Clemons%20Street.jpg" alt="">
</body></html>

j.ballantyne1990-6AQqhLzZaK

Queenstown, Tasmania house rental yield at 10 percent: Investar

<html><body>
Queenstown is the cheapest place to purchase a house in Tasmania, according to Investar’s latest report.
The property investment firm says that the average median price of a two bedroom house at Queenstown is $68,000.
This is followed by Zeehan with $79,000 and Roseberry with $92,500 for a three bedroom houses.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Bedrooms
</td>
<td valign="top" width="106">
Median price
</td>
</tr>
<tr>
<td valign="top" width="106">
Queenstown
</td>
<td valign="top" width="106">
7467
</td>
<td valign="top" width="106">
2
</td>
<td valign="top" width="106">
$68,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Zeehan
</td>
<td valign="top" width="106">
7469
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$79,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Roseberry
</td>
<td valign="top" width="106">
7470
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$92,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Mayfield
</td>
<td valign="top" width="106">
7248
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Waverley
</td>
<td valign="top" width="106">
7250
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
</tbody></table>
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-124196974" target="_blank">10 Clark Street</a>, Queenstown (above) that has been listed for $68,000.
A two bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-124196974" target="_blank">10 Harvey Street</a>, Queenstown (below) has been listed for $75,000.
<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/2017/02/07/10%20Harvey%20Street.jpg" alt="">
A two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-tas-queenstown-124063622" target="_blank">9 Pillinger Street</a>, Queenstown (below) has recently been sold for $62,000.
<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/2017/02/07/9%20Pillinger%20Street.jpg" alt="">
Similarly a two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-tas-queenstown-123443986" target="_blank">12 Urquhart Street</a>, Queenstown (below) was sold for $79,000.
<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/2017/02/07/12%20Urquhart%20Street.jpg" alt="">
</body></html>

Queenstown the cheapest place in Tasmania to purchase a house: Investar

<html><body>
Queenstown is the cheapest locality in Tasmania to purchase a house, according to Investar’s latest report.
The property investment firm says that despite an increase of 7% the median price at Queenstown is $74,500.
This is followed by Zeehan with $78,500 and Rosebery with $93,000.
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="106">
Suburb
</td>
<td valign="top" width="106">
Postcode
</td>
<td valign="top" width="106">
Bedrooms
</td>
<td valign="top" width="106">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="106">
Queenstown
</td>
<td valign="top" width="106">
7468
</td>
<td valign="top" width="106">
2
</td>
<td valign="top" width="106">
$74,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Zeehan
</td>
<td valign="top" width="106">
7469
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$78,500
</td>
</tr>
<tr>
<td valign="top" width="106">
Rosebery
</td>
<td valign="top" width="106">
7470
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$93,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Herdsmans Cove
</td>
<td valign="top" width="106">
7030
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$135,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Gagebrook
</td>
<td valign="top" width="106">
7030
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$140,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Mayfield
</td>
<td valign="top" width="106">
7248
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$147,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Ravenswood
</td>
<td valign="top" width="106">
7250
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Waverley
</td>
<td valign="top" width="106">
7250
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$149,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Clarendon Vale
</td>
<td valign="top" width="106">
7019
</td>
<td valign="top" width="106">
3
</td>
<td valign="top" width="106">
$150,000
</td>
</tr>
<tr>
<td valign="top" width="106">
Newnham
</td>
<td valign="top" width="106">
7248
</td>
<td valign="top" width="106">
2
</td>
<td valign="top" width="106">
$165,000
</td>
</tr>
</tbody></table>
A two bedroom house such as the one at <a href="https://www.realestate.com.au/property-house-tas-queenstown-124249818" target="_blank">10 Harvey Street</a> (above) is for sale for $75,000.
A two bedroom home at <a href="https://www.realestate.com.au/sold/property-house-tas-queenstown-122946466" target="_blank">2 Knox Street</a> (below) sold for $54,000.
<img src="/images/2016/12/15/2%20Knox%20Street.jpg" alt="">
</body></html>

Despite 7% increase Queenstown, Tasmania still the cheapest: Investar

<html><body>
Tourism company Skyline Enterprises said it was reviewing public concerns around its gondola upgrade project at Bob’s Peak in Queenstown and was working to address those.
The Queenstown Lakes District Council has received 19 submissions so far in relation to Skyline’s resource consent application, with most concerns raised about the project’s impact on traffic management, earthworks, the environment and noise.
Skyline Queenstown said in August it had lodged the consent application for the project.
Skyline Enterprises chairman Mark Quickfall said the scale of the project – which involves replacing its current gondola system, building a new base terminal and expanding the top complex – is such that concerns by affected parties were inevitable.
“This is all part of the development process. It’s a major project that involves significant construction works. We are doing everything we can to reduce the impact on our neighbours and will continue to take expert advice on how best to achieve this,” he said.
As part of its upgrade of the fun park at Bob’s Peak, Skyline plans to replace its four-seat gondola system with a quieter 10-seat Doppelmayr gondola, nearly doubling its restaurant Stratosfare’s seating capacity to 650 besides creating more space for views and conferences. The company says the upgrade is driven by an expected rise in tourists to Queenstown over the next 30 years. 
Skyline has also raised its investment on the project to about $100 million from the initial $60 million, the listed company said in a media release. 
The gondolas were installed in 1987 and the upgrade is part of the company’s 50th year of operation in 2017.
The company has handed design options for Brecon Street to the Council and suggested a Council-led panel be set up to examine the issues. 
“We’ve been in regular contact with affected neighbours and other parties throughout this process – as well as holding public open days – and our door is always open to listen to peoples’ issues,” Quickfall said.
It has invited feedback from the public through its Skyline development website www.skylinedevelopment.co.nz.
Skyline said it was working with acoustic engineers, earthworks, construction and operational noise and traffic and parking experts to address the concerns raised before the resource consent hearing.
</body></html>

Queenstown

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