Killara is set for one of its densest ever new development with a new project approval set to bring 55 new apartments to the affluent Upper North Shore suburb.

The development,&nbsp;at 23-25 Lorne Avenue, near Killara Golf Club,&nbsp;is being led by by BWSLD Killara Pty Ltd, an entity with ties to Bridgewell Capital, which has an association with Bridgehill Group - the developer behind a series of projects in Roseville, Castle Hill, and Kogarah.

The approved scheme will deliver a mix of one to four-bedroom configurations, with a higher proportion of two- and three-bedroom layouts. Ten of the apartments are allocated to affordable housing under the NSW Government’s Housing SEPP framework.

Located just 300 metres from Killara train station, the proposal takes advantage of new Transport Oriented Development and Infill Affordable Housing controls.

<a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the design lead on the project, noted that the scheme “offers an increase in high-quality housing for singles, couples and families within a green urban context, while responding to Killara’s shift toward higher-density housing."

The design achieves a minimum 7-star NatHERS rating, with photovoltaic solar panels planned to supplement energy use. More than 70 per cent of apartments achieve both solar access and cross-ventilation, limiting reliance on artificial cooling.

BKA Architecture emphasised the project’s landscape-led approach.

“The proposal has worked to retain mature existing trees, both on the subject site and neighbouring sites, while increasing the amount of native planting. The proposed development sits comfortably within a dense urban tree canopy and 3–6 metre wide deep soil zones."

Aesthetically, the building is articulated with a defined base, body and top, featuring a material palette of brick, aerated concrete, fibre cement panels, and non-combustible timber-look battens. Bronze-toned awnings and operable privacy screens provide additional detailing.

The site sits opposite the Killara Heritage Conservation Area.

The practice also acknowledged the site’s deeper cultural setting. “The site is located on the traditional country of the Dharug and Guringai peoples, who are the traditional custodians of the land. All new canopy trees proposed are native, linking the site with their natural ecology”

&nbsp;

Urban Editorial

Bridgewell secures approval for 55-apartment project in Killara

A new mixed-use development has been proposed for a prominent corner of Anzac Avenue in <a href="https://www.apartments.com.au/developments/redcliffe-qld-4020">Redcliffe</a>.

There are plans for a new seven-level building across four amalgamated lots totalling 3,423 sqm. Under the scheme, the would be 70 new apartments delivered, above street-level retail between 23-27 Anzac Avenue, opposite Bluewater Square shopping centre and a short walk to Settlement Cove Lagoon.

The proposed development sits within the Redcliffe Seaside Village Precinct of the Moreton Bay Regional Council’s Centre Zone and will be code assessable under the MBRC Planning Scheme 2016.

<img alt="25 and 27 Anzac Avenue Redcliffe" data-entity-type="file" data-entity-uuid="ced915e4-1d4a-4100-8405-a0b3ab0da6f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Anzac%20Avenue%20Redcliffe.png?VersionId=9gUh6ca8K3PJs.1ZjJexmZt6FYfkIUq6" />

Designed to activate the street and contribute to the local urban fabric, the proposal features a mix of apartment types: 15 three-bedroom, 50 two-bedroom, and five one-bedroom units arranged across five residential levels above a podium.&nbsp;

Ground-level retail tenancies and parking will be complemented by a first-floor parking level, delivering a total of 106 on-site car spaces.

“The proposed building has been designed to activate the street frontage through a built form that provides connectivity with the footpath area at street level,” noted IB Town Planning in their documentation submitted as part of the application. They added that the design "aligns with the desired streetscape outcomes for centre areas under the MBRC Planning Scheme”.

Each floor will have 14 apartments, and all residences will feature private balconies, with areas ranging from seven sqm to over 250 sqm for the terrace-style units on the podium level. A 105 sqm communal recreation area is also proposed on the second level.

Most of the land is cleared, apart from an old office building.

Redcliffe rarely sees new development opportunities. South East Queensland developer Gardner Vaughan Group is over 60 per cent sold of the first stage of its Redcliffe Parade development, One Redcliffe.

Joel Robinson

First look: 70 apartments above retail heads for Redcliffe's Anzac Avenue

The developer behind the three-tower, $1 billion Brisbane Quarter precinct, is looking at its next mega development in the heart of the capital.

<a href="https://www.apartments.com.au/developers/shayher-group">Shayher Group</a> has filed plans with the Brisbane City Council for a new two-tower development at 309 North Quay, a 6,436 sqm site almost at the foot of the&nbsp;William Jolly Bridge.

Under the scheme, they would deliver two 56 and 51-level towers with over 1,100 one to four-bedroom apartments, including a mix of build-to-sell and branded short-term accomodation.

<img alt="309 North Quay" data-entity-type="file" data-entity-uuid="ed38014a-6045-4ac3-b52f-0d0147f4a94b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Shayher%20pers.png?VersionId=_suNf_vp0xH1CPpftB0m_UxEzSeBbxxN" />

The towers, designed by&nbsp;<a href="https://www.apartments.com.au/architects/blight-rayner">Blight Rayner</a> and <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a>,&nbsp;will sit atop a layered podium incorporating publicly accessible retail, a cross-block pedestrian link, and an expansive plaza, with 852 basement car spaces planned across both stages.

According to the Town Planning Report prepared by Urbis, the proposal seeks to “create vibrant and permeable public spaces” and offer “functional public spaces with a richly landscaped plaza and a cross-block pedestrian link that enhances walkability across the precinct."

Design features include a “cliff garden” podium, extensive subtropical landscaping, and sculptural forms that reflect Brisbane’s subtropical identity.&nbsp;

“The development showcases high-quality subtropical architecture that aligns with Brisbane’s identity,” noted the report, adding that the towers incorporate “dynamic faceted glazing” and slender profiles that contribute positively to the city’s skyline.

<img alt="309 North Quay" data-entity-type="file" data-entity-uuid="bef7fe88-ca5e-43fb-942d-2291fe058745" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Shayher%20podium.png?VersionId=UXOe2zRQNy8CkMmQRRwyFf69iR1thjfF" />

The project is positioned adjacent to the Roma Street Priority Development Area (PDA), placing it within close proximity to the new Cross River Rail station and the upcoming Brisbane Metro hub.&nbsp;

The proposal has been framed in the context of Brisbane’s Inner City Strategy and the Roma Street Precinct Renewal Strategy, both of which identify the area as primed for high-density, transit-oriented renewal.

The site, currently vacant, formerly housed a commercial building used for office and broadcasting. Its strategic location affords direct access to major transport corridors, including Coronation Drive, the Inner City Bypass, and the William Jolly Bridge, with Roma Street Station just 150 metres away.

Shayher has several projects they are working through, the most notable the <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-shayher-group-file-for-first-stage-of-bulimba-barracks">redevelopment of the Bulimba Barracks</a>. They revealed the plans for the first stage last year, for a 6,382 sqm parcel of the 20.73-hectare block.

Having demolished the majority of the buildings that were part of the barracks from World War II to the 1980s, they will work with the fabrication workshop which was a barge building shop in the war, which will form one of three buildings in the stage. Two will be residential, with just under 70 apartments planned.

Shayher Group plots 1,100 apartments in two new Brisbane CBD towers

A bold new infill development has been proposed for a key stretch of Pacific Highway in North Sydney, with <a href="https://www.apartments.com.au/developers/legacy-property">Legacy Property</a> lodging plans for a mixed-use project that would integrate affordable housing and retain a locally listed heritage building.

The proposal, prepared in collaboration with architects <a href="https://www.apartments.com.au/architects/nettletontribe">Nettletontribe</a>, seeks to transform a strategic site near the Victoria Cross Metro Station with a part 10, part 13-level building.&nbsp;

A two-level commercial podium will activate the Pacific Highway frontage, while four basement levels will accommodate car parking and servicing.

The residential tower includes a mix of market and affordable apartments, with the latter fulfilling the requirements of the Housing SEPP’s infill affordable housing provisions.&nbsp;These units are to be delivered in collaboration with Cubic Real Estate, a registered community housing provider.

The site includes a locally listed heritage building at 265 Pacific Highway, which will be retained and adaptively reused. The design seeks to respect the heritage significance of the item while integrating it into the broader scheme.&nbsp;

The podium reflects the scale of the adjacent heritage building (The Cloisters Antique Store) and allows for “restoration and meaningful re-purposing” of the structure,&nbsp;Nettletontribe noted in its Design Report.

A defining element of the proposal is the stepped massing from north to south, responding to the site’s topography and the lower-scale residential character of Church Lane. Setbacks increase above the podium to reduce visual bulk and improve privacy and solar access to surrounding properties. Communal open spaces are provided at ground level and the rooftop, supporting amenity for future residents.

Architecturally, the design adopts principles of the NSW Better Placed policy, incorporating sustainable features such as full electrification, EV charging provision, and deep soil landscaping.&nbsp;

Nettletontribe’s report also details the landscape strategy, which incorporates native and culturally significant plants, with a focus on edible bush foods in recognition of the site’s location on Gamaraigal Country.

The proposal builds on an approved plan from 2023 that uplifted controls on height and FSR for the site, reflecting its proximity to major transport infrastructure and alignment with North Sydney’s strategic housing targets.

The new application has been submitted as a State Significant Development Application (SSDA) through the NSW Government.

First look: Legacy Property proposes shop-top housing for key North Sydney site

The Minns Labor Government and the Inner West Council will partner on rezoning along the Parramatta Road corridor that could deliver around 8,000 new homes close to the CBD.

The proposed rezoning would cover the section of Parramatta Road within the Inner West Local Government Area, complementing work already underway with Inner West Council, Burwood and Canada Bay Council.

This transport corridor which is serviced by a significant number of bus, light rail and train routes is close to the Sydney CBD with direct access to major hospitals including Royal Prince Alfred Hospital, a number of local public schools with existing capacity and green space.

Throughout the rezoning process affordable housing, active transport connections, new open space, retail and commercial opportunities, as well as improvements to the public domain will all be examined.

Sydney is the second least affordable city in the world, with house prices having significantly outstripped wage growth over the last two decades and a NSW Productivity Commission report warning that Sydney is at risk of becoming a city without grandchildren as NSW is losing twice as many young people as it gains each year.

Premier of New South Wales Chris Minns says&nbsp;Parramatta Road has been talked about for decades with little result.

"It’s time to stop talking and start building. &nbsp;What will transform this major corridor is more homes for people to revitalise this area. That’s what’s needed to deliver more vibrancy to one of our city’s most important corridors.

“We know Sydney is facing a housing crisis. That’s why my Government is working with councils like the Inner West to get homes built faster, and in places with existing services and infrastructure.

“We’re not just planning for more homes, we’re planning for better communities, with more affordable housing, better streetscapes and public spaces, and access to jobs and transport.”

Minister for Planning and Public Spaces Paul Scully says&nbsp;Parramatta Road needs more homes and jobs in vibrant communities.

"It’s a major transport corridor that connects so many communities to the city but it can be so much than a tired thoroughfare. By working closely with Inner West Council, we’ll make sure planning reflects the needs of local communities while providing the new homes Sydney so desperately needs.”

The Department of Planning, Housing and Infrastructure will work with council and the relevant State government agencies to progress the rezoning. There are no compulsory acquisitions proposed as part of this plan.

The Minns Labor Government has been leading the way with bold plans to deliver more housing for young people and families who have been locked out of desperately needed new homes

This builds on previous work from the Minns Government to increase homes along the Parramatta Road transport corridor including:

<ul>
	<li>8 projects along Parramatta Road that have been declared State Significant through the Housing Delivery Authority and the Infill Affordable Housing Bonus which could deliver 3,968 homes, including affordable housing.</li>
	<li>Three sites from the government land audit, which will deliver around 800 homes, including social and key worker housing.</li>
	<li>A Transport Oriented Development Accelerated Precinct and state-led rezoning at Homebush and North Burwood which combined will deliver up to 33,000 homes.</li>
	<li>And 11 Low and Mid-Rise sites along the length of the corridor.</li>
</ul>

This has been further supported by once in a generation reforms introduced by the Minns Labor Government to build more well-located homes for young people and families including the largest rezoning in NSW history and delivering the largest investment in social and affordable housing in the state’s history at $6.6 billion.

&nbsp;

Up to 8,000 new homes planned for Parramatta Road corridor

Regional Market

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Demand for lifestyle areas have been exacerbated by COVID-19, CoreLogic’s best of the best 2020 report revealed.

The report, dominated by Australia’s high-performing regional areas, highlighted the resilience of luxury markets in Australia.

“The relative popularity of lifestyle markets is evident in our report, and regional Australia out-performed the combined capital cities market”, said CoreLogic's head of research, Eliza Owen.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-13_at_8.22.20_pm.png" rel="gallery-all" title="Top performing regional suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="298" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-13_at_8.22.20_pm.png?itok=aLkp7KZD" title="Top performing regional suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing regional suburbs. Source: CoreLogic</figcaption></figure>Sunshine Beach on Queensland’s Sunshine Coast saw the highest annual capital growth in houses nationally, with an annual change in value of 27.6 per cent. The nearby Sunrise Beach also saw a significant annual growth of 24.4 per cent, to a median house value of $1.23 million.

The Sunshine Coast also hosted the regional property market’s best performing units with Noosa Heads and Sunshine Beach placing first and third, respectively, for the highest median unit value.

For investors and owner-occupiers who have yet to break into the Queensland market, their interests are expected to turn to the units with the highest annual capital growth, located on the Gold Coast.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-13_at_8.22.27_pm.png" rel="gallery-all" title="Top performing regional suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="296" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-13_at_8.22.27_pm.png?itok=QRpeGg7D" title="Top performing regional suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing regional suburbs. Source: CoreLogic</figcaption></figure>Currumbin recorded a 24.9 per cent annual growth in unit value to $632,749, while Tugun and Bilinga recorded an 18.7 per cent and 21.8 per cent growth, respectively.

Gold Coast’s Palm Beach similarly recorded a 20.8 per cent annual growth in unit prices, and has seen <a href="/news/temple-palm-beach-whole-floor-apartment-sells-for-375-million">recent trophy apartment sales</a>.

“Overall, the housing market outlook for 2021 is positive, given highly accommodative monetary and fiscal policy, signs of an economic recovery and many first home buyer incentives remaining in place through to early next year,” Owen said.

<h2>Here are two apartments in Queensland’s high-performing suburbs on the market right now</h2>

1. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One</a>, Surfers Paradise 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $705,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chevron_one_island.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/chevron_one_island.jpg?itok=uDq5_-L_" width="580"></a>

Located in Surfers Paradise, Chevron One presents an opportunity to secure a luxury residence nearby other high-performing Gold Coast suburbs. Bensons Property Group’s Chevron One boasts a collection of 236 one, two and three-bedroom apartments.

Designed by Marchese Partners, the development includes a Club One residents’ lounge, floating cinema, sculptured gardens and dining facilities. 
 

2. <a href="/buildings/elysian-185-old-burleigh-road-broadbeach">Elysian</a>, Broadbeach 
Address: 185 Old Burleigh Road, Broadbeach QLD 4128 
Two-bedroom apartments from $835,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elysian.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="350" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/elysian.jpg?itok=Rxk6SYe2" width="580"></a>

Spanning 21 levels, Spyre Group's Elysian is a boutique collection of 61 apartments. Redefining the standard of luxury, Elysian blends modern luxe styling with expansive ocean, city and Gold Coast hinterland views.

Designed by Bureau Proberts, the development includes floor-to-ceiling windows, resident-only pool, gym and yoga terrace and smart home technology.
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Regional Australia out-performed the combined capital cities market, according to CoreLogic's Eliza Owen.

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Regional Queensland market dominates CoreLogic's best of the best report

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EXPERT OBSERVER
Prices are growing strongly in selected markets in different parts of Australia, not that you would know it if you confined your research to reading mainstream media.
And the areas where the growth is the greatest include the fringes of the Melbourne metropolitan area and locations within an hour or so of the capital city.
Last week I wrote: “Right now, many of the best opportunities to buy well for future growth and good rental returns are in regional Australia. While media’s focus remains firmly on the capital cities, the reality is that the strongest price growth in the past year has been recorded in regional centres.
“The best-performing markets this year, based on our analysis of all the research, have been Geelong in Victoria (above), the towns of Cardinia Shire just outside Melbourne, the NSW Central Coast and the Newcastle region.”
One of the key factors here is that the most active buyers, now, are those looking for affordability. So first-home buyers and investors on small budgets have been targeting the outer-ring suburbs of Melbourne and near-city regional centres.
The problem, once again, is that media likes to dumb things down for its readers and listeners, on the basis that we’re all a bit thick and can’t digest sophisticated information (although I suspect it’s the journalists themselves who need to have things dumbed down, because few of them have specialist knowledge of the subject).
So they generalise. And the generalised data tells us Melbourne prices are falling – apparently, because it depends on whose data you believe.
Consider this: in annual terms, CoreLogic records a 4.5 percent decline in Melbourne house prices, but SQM Research essentially says there’s no change and the latest ABS figures report a 2.6 percent rise.
With apartments, CoreLogic reports a slight 0.3 percent rise in Melbourne’s median price, ABS has a 1.4 percent increase and SQM claims a 7 percent rise.
So it’s not a fact to declare that Melbourne prices are falling, given that some research data contradicts the claim. What is true, I think, is that the average rate of growth is much lower than before.
But, and here’s the thing, the growth remains strong in some areas, particularly the outer-ring suburbs being targeted by budget buyers.
The research from various sources shows that first-home buyers, nationally, are more active than at any time in the past eight years. And Melbourne is one of the national leaders for the activity of first-time buyers.
I did some detailed research last week for an interview on ABC radio Melbourne and this confirmed just how prolific the growth is in some of the outer-ring areas.
On the northern fringes of the Melbourne metropolitan area, median prices are up strongly in annual terms in Epping, Lalor, Thomastown, South Morang, Broadmeadows, Jacana and elsewhere – led by Epping (up 22 percent) and Broadmeadows (up 26 percent), according to CoreLogic figures.
It’s notable that most of those suburbs have had further solid growth in the most recent quarter.
Similar trends are evident in the south-west, where Wyndham Vale, Werribee and Hoppers Crossing have all recorded 18-19 percent growth in their median prices in annual terms, including around 3 percent growth in the most recent quarter.
But the really big growth is happening in the regional centres just outside Melbourne. Geelong has been attracting attention as a leader not just in Victoria but nationally. Domain says the median house price for the City of Greater Geelong has grown 12 percent in the past year - but individual suburbs, notably the cheaper ones, have recorded much stronger figures.
North Geelong and Herne Hill are both up 24 percent in annual terms, while Corio and Norlane (which both have median house prices in the mid-$300,000s) have grown 30 percent in 12 months.
Norlane, Corio and North Geelong have each grown at least 7 percent in the most recent quarter for which we have figures.
Geelong is not an isolated example. A little beyond the Melbourne metro area to the south-east, Officer, Pakenham and Warragul have recorded annual rises between 20 and 27 percent. Those three towns, plus nearby Drouin, rose a further 4 percent or so in the most recent quarter.
Other regional areas where prices have been outperforming Melbourne averages include the Surf Coast, Ballarat, Mildura and Warrnambool – and I suspect that most of these markets, as well as Bendigo and Shepparton, are very early in their growth cycles.
The latest Domain data indicates that there are eight regional areas of New South Wales which have recorded annual growth above 10 percent, but I’ll save that discussion until a future column.
Remember this data next time you read in mainstream media that property prices are falling everywhere.
 
Terry Ryder is the founder of hotspotting.com.au
<a href="https://mailto:ryder@hotspotting.com.au">ryder@hotspotting.com.au</a>
twitter.com/hotspotting
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terryryder-YECXbqmri2

Victorian regions where property prices are growing strongly: Hotspotting's Terry Ryder

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GUEST OBSERVATION
After a full year spent delving into the economic and social challenges facing regional Australia, the Select Committee on Regional Development and Decentralisation this week delivered its report.
It’s a surprising piece of work. Why? Because it avoids the ingrained partisanship that has bedevilled regional policy in Australia.
Put simply, it’s good, rigorous work. It makes recommendations that any smart government, of any political hue, could support.
The report even avoids the landmines surrounding the highly contentious policy of decentralisation – the relocation of city-based public service agencies to the regions. It has sidestepped its most obvious route – a squabble over decentralisation – and instead taken a good, hard look at the big issues confronting regional communities and economies.
Let’s take a moment to recall the politically awkward background to this inquiry. It was launched following Barnaby Joyce’s controversial decision to uproot the Australian Pesticides and Veterinary Medicines Authority from Canberra and relocate it to Tamworth, in his own electorate.
A separate Senate committee had already inquired into that decision. Its report (issued a year ago) demonstrated the highly politicised nature of this policy terrain: the majority report, by non-government senators on the committee, firmly rejected the relocation, while the minority report by government senators slammed the entire inquiry as “a political witch-hunt”.
This new inquiry could have traversed the same terrain, with the same outcomes. Certainly, the terms of reference were heavily focused on the issue of decentralisation. But they also invited comment on the overarching wellbeing of regional Australia, and this provided an opportunity the committee members seized.
The committee’s report covers a sweeping range of issues, which is entirely necessary, given the complex interactions between regions and what the committee terms “megatrends” – things like globalisation, population ageing, urbanisation and technological change.
The committee’s recommendations are similarly comprehensive and unapologetically ambitious. The explicit goal is to move beyond the old “roads and rail” approach to regional investment. Instead, it supports strategic (or “catalytic”) investments that build workforce and leadership capacity, cultural capital and infrastructure to support and attract jobs.
The report even elucidates 12 principles of regional development. It’s a sure sign that the committee made a genuine effort to synthesise information from the 196 submissions it received and the more than 100 witnesses at public hearings around the country.
The 13 recommendations are arranged around a central strategy, with six interrelated themes:
<ul>
<li>
building “enabling infrastructure” that supports development
</li>
<li>
identifying regional development priorities through a national process
</li>
<li>
extending the fledgling City Deals program to regional cities
</li>
<li>
giving Regional Development Australia committees more power and resources
</li>
<li>
developing a proper policy for public sector decentralisation
</li>
<li>
strengthening regional universities.
</li>
</ul>
I’ll own up to being very pleased that my own recommendation made it onto the list: that the government prepare a white paper on regional Australia. This would elevate regional policy to the same hallowed arena as foreign, defence and security policy.
All of this would be monitored by a new Joint Standing Committee on Regional Development and Decentralisation, to cement parliamentary oversight of the work program.
And what about shifting all of those public sector jobs out of the capital cities and into the regions? This isn’t a new debate. In fact, decentralisation is a recurring theme in regional development, at both federal and state levels.
The practice of governments luring, or pushing, jobs from the corporate and public sectors into regional Australia stretches back to the 1930s. Since then, governments have periodically promised – and occasionally delivered – highly interventionist policies to move labour and capital from the cities to the country.
This inquiry was charged with examining decentralisation, and its report does exactly that, but in an admirably low-key way. Shedding more light than heat, the report insists that decentralisation should only be pursued where it makes sense – that it “should be part of a broader strategy for regional development”. That simple statement is a marked departure from the previous partisan bickering on this issue.
So where does this report leave us? And, more importantly, what does it do for the nearly 9 million Australians who live in regional and rural areas?
The answer is, the committee has laid out a far-reaching and highly practical work program for regional development. If either side of politics took up its recommendations, regional communities might find themselves in a better position to construct sustainable, enjoyable futures.
In the short term, an election is due in the next 12 months and there’s a good chance this report’s recommendations will be cherry-picked for election policies.
<img src="https://counter.theconversation.com/content/99136/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">But beyond the current electoral cycle, this report gives federal parliamentarians a comprehensive plan for meaningful work over the next decade or more. Here’s hoping they make the most of it.
Amanda Walsh, Associate Director, Government Relations, Australian Catholic University
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/report-recommends-big-ideas-for-regional-australia-beyond-decentralisation-99136" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

Report recommends big ideas for regional Australia – beyond decentralisation

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Geelong has regularly taken the top spot for Victorian regions with the highest auction clearance rates, according to CoreLogic.
Last week the region had an auction clearance rate of 80 percent amid its 52 auctions.
Now Leopold, Corio, Norlane and Lara have joined the top 30 suburbs where Terry Ryder has predicted house prices will take off this spring.
Hotspotting founder Terry Ryder listed Geelong suburbs Corio, Lara, Leopold and Norlane in his top rising markets in his spring Price Predictor Index.
Ryder recently described Geelong as the superstar of the Victorian property market.
The local paper, the Geelong Advertiser noted expansion of Leopold’s Gateway Plaza shopping centre, including Bunnings, Kmart and Aldi, was a catalyst for interest in the suburb, Allpoints agent Janet McIntosh said.
“People see us as a suburb with lots of extra facilities that’s got the potential to keep growing to become like another Waurn Ponds,” Ms McIntosh said.
New land estate Estuary sold out early this year, increasing demand in the suburb, Ms McIntosh said
“It’s very hard to get any houses under $300,000 now,” she said.
Leopold and Lara’s median house price is $380,000, the report shows.
<img src="/images/2016/10/27/14%20Teesdale%20Court.jpg" alt="">
A three bedroom home at <a href="https://www.realestate.com.au/sold/property-house-vic-lara-122910142" target="_blank">14 Teesdale Court</a> (above) was recently sold for $380,000.
Ryder sees Geelong as an affordable alternative to Melbourne.
Corio and Norlane, which were in July’s survey, have median prices of $240,000 and $222,000 respectively.
Overall Hotspotting listed eight Geelong suburbs that were rising steadily and another 12 suburbs were sales volumes were steady, outranking any council area in Melbourne.
<a href="/images/2016/10/27/Screen%20Shot%202016-10-27%20at%2012.59.42%20PM.png" target="_blank">Click to enlarge</a>
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Geelong outranks Melbourne in Hotspotting property location list

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Geelong is ranked the number one region with the highest clearance rate, according to CoreLogic’s latest weekend report.
Its auctions result in a clearance rate of 80 percent.
This is followed by Wollongong with a clearance rate of 66 percent.
The region with the lowest clearance rate was the Sunshine Coast with a clearance rate of 41 percent.
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80 percent success in Geelong auctions: CoreLogic

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The regional auctions were at a steady rate last week, according to CoreLogic's latest market report.
Geelong took the top spot with an auction clearance rate of 81 percent, 22 of the 31 auctions were cleared last week. Wollongong takes second place with a 70 percent auction rate while the Sunshine Coast comes behind with 59 percent auction clearance rate.
This is compared to the Gold Coast’s clearance rate of 43 percent where only 37 of the 69 auctions were cleared.
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Geelong takes top spot in regional weekend auctions: CoreLogic

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The housing market between $300,000 and $400,000 in Warrnambool is hot at the moment, according to Herron Todd White.
Herron Todd White's October Month in Review found three bedroom brick veneer houses in North Warnambool built within the last decade as particularly hot, with interest driven by strong rental returns for investors.
"The drivers behind this market are the strong rental returns investors can expect to achieve and the affordability for young families who want something new without the hassle of building," HTW noted.
"Although there is somewhat of a demand for this type of property we have not seen significant increases in value due to the current supply of land within Warrnambool. This statement is true for the entire Warrnambool residential property market which has seen little increase over the past 24 to 36 months.
"Due to the current availability of residential land and demand for newly constructed dwellings, older constructed dwellings appear to be the property type being hit hardest, with a decrease in value and demand for properties built in the 1980s and mid 1990s. This current trend appears to be sustainable for the foreseeable future."
The local unit market, according to HTW, are in good demand at present with two-bedroom units priced between $225,000 and $275,000, and newly constructed three-bedroom units priced between $325,000 and $375,000.
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