Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Residential Listing

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Builder Chris Knierim's award winning eco-house in Forest Lodge has been listed for November 28 auction.
Featured on the Grand Designs Australia television series, the inner west home comes with $1.6 million plus hopes through Jennifer Aaron of Jennifer Aaron Real Estate.
<a href="https://www.realestate.com.au/property-house-nsw-forest+lodge-121093190" target="_blank">The 2013 built Foss Street home</a> - just 3.9 metres wide - occupies a narrow gap in a row of heritage-listed terraces.
Designed to minimise its carbon footprint, it was Knierim's dream to build a sustainable three bedroom house for his family, putting to use his knowledge from working on eco-friendly building projects in Europe.
Knierim insulated the ground underneath the slab to store heat from solar panels on the roof to provide heating and hot water for the house.
There's eight metre tall vertical garden walls, 3500 litre underground water tank and extensive use of recycled materials, with the many ensuing awards including the 2014 HIA Green Smart Australian Home of the Year and the Australian Sustainable Project of the Year.
Chris and wife Belinda built on the vacant block next door to their then house. 
"Crowned by a green roof, it presents streamlined minimalism with state-of-the-art finishes and a focus on optimal light and airflow," Jennifer Aaron said.
This article first appeared in the Sunday Telegraph.
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jchancellor-FAypfDUnLy

Chris Knierim's Forest Lodge eco-house masterpiece under the hammer  

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About $9 million - and a suburb record - is being sought for billioniare entreprenuer Mike Cannon-Brookes' redundant Paddington home.
It is the former 1907 emporium converted into a four-storey, but eight level mansion by Duncan and Lynley Hardie.
Cannon-Brookes, the co-founder of Atlassian, and his fashion-design industry wife, Annie Cannon-Brookes paid $7.3 million for <a href="https://www.realestate.com.au/property-house-nsw-paddington-121096066" target="_blank">the Hargrave Street landmark</a> in 2010, after it was on the market for two years.
Now with three children, they have relocated to the $12 million Centennial Park Federation trophy home, Braelin.
McGrath agent Ben Collier will be hoping to exceed Paddington's record that remains $7.75 million first set in 2006 for a double terrace on Union Street, and then matched in 2010 when developer Stephen Dunkley sold his contemporary Goodhope Street home.
Duncan and Lynley Hardie, best known for their Sweetwater Wines, Pokolbin, property, made a $4,625,000 purchase in 2003 of the former House of Desks outlet. Its $4 million plus building cost ranked among the dearest of Sydney's non-waterfront private residential projects.
This article was first published in the Saturday Daily Telegraph. 
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Mike Cannon Brookes seeking nearly $9 million for Paddington trophy reno

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The most clicked home on realestateview.com.au for the week is a five room, two bedroom, two bathroom luxury home in East Melbourne.
The property (above), <a href="https://www.realestateview.com.au/Real-Estate/28-charles-street-east-melbourne/Property-Details-buy-residential-9593448" target="_blank">28 Charles Street</a>, East Melbourne, is listed for auction on Saturday 24 October through Paul Caine of Caine Real Estate.
The second most clicked property on realestateview for the week is a one bedroom apartment in Fitzroy (below).
<img src="/images/2015/10/23/16-5-St-David-Street-Fitzroy-VIC-3065-Real-Estate-photo-1-large-9626802.jpg" alt="" width="497" height="331">
<a href="https://www.realestateview.com.au/Real-Estate/16-5-st-david-street-fitzroy/Property-Details-buy-residential-9626802" target="_blank">16/5 St David St Fitzroy</a> has stainless steel Smeg appliances and a secure car space and is for sale by auction through Peter Hannon and Terri Thompson of Caine Real Estate.
Another studio apartment features on realestateview's most clicked listings for the week, this one currently rented until August 2016.
Offered for sale at $345,000, the property, <a href="https://www.realestateview.com.au/Real-Estate/91-22-kavanagh-street-southbank/Property-Details-buy-residential-9594816" target="_blank">91/22 Kavanagh St Southbank</a>, (below) is on the market through Tom Bayly and Toby Campbell of Caine Real Estate.
<div>
<h2><img src="/images/2015/10/23/91-22-Kavanagh-Street-Southbank-VIC-3006-Real-Estate-photo-1-large-9594816.jpg" alt="" width="512" height="339"></h2>
</div>
A five bedroom home in the South Australian suburb of Burnside rounds out the top listings for the last week from realestateview.com.au.
The property, <a href="https://www.realestateview.com.au/Real-Estate/4-st-albans-drive-burnside/Property-Details-buy-residential-9236310" target="_blank">4 St Albans Drive, Burnside</a>, South Australia, (below) has views, an in-ground swimming pool and spa and solar power.
It is for sale through Aimee Guo and Tony Ditria from Munro Property Group for $988,000. 
<div><img src="/images/2015/10/23/4-St-Albans-Drive-Burnside-SA-5066-Real-Estate-photo-1-large-9236310.jpg" alt="" width="406" height="276"></div>
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mick.cee-iDmgDDAmu8

East Melbourne home leads most clicked properties: Realestateview.com.au

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A period home in NSW's Ballina - once owned by members of the Taubman paint family -  is up for sale for an asking price of $1.85 million.
Sitting at <a href="https://www.realestate.com.au/property-house-nsw-ballina-120825593" target="_blank">92 Norton Street Ballina</a>, Lyston was built in 1901, one of the prominent houses of the time.
A Federation gem, and timber clad inside and out, the home underwent a transformation at the hands of the Taubman family. 
George Henry Taubman, a Sydney sign writer, started making his own paint around 1900 because he found the quality of paints available in Australia poor. The company grew into one of the household brands in Australia.
With a land size of nearly 1189 square metres, Lyston has three bedrooms.
It has views across a lake known as North Creek, to East Ballina, beaches and Missingham Bridge and the Richmond River mouth.
This luxury abode has soaring ceilings, elaborate fretwork, hoop pine floors, an elegant country-style timber kitchen and other traditional features.
The selling agent is Brett McDonald of Elders Real Estate.
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NSW Ballina's Lyston listed for $1.85 million

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Seacrest, a designer home at 44 Idaline Street in Sydney's Collaroy Plateau is up for grabs at an asking price of $2.25 million plus. 
Built over 324 square metres, Seacrest has three levels and offers ocean <a href="https://www.realestate.com.au/property-house-nsw-collaroy+plateau-121012666" target="_blank">views over Collaroy’s coastline</a>.
The luxury residence has four bedrooms, a Caeserstone gas kitchen flowing to dining and living and an internal lift from the basement garage to all the floors.
It also has a terraced rear garden, suitable for child play and entertaining.
The basement garage can fit four cars. It is currently used as a work space and home gym. 
The abode is owned by Patricia Westall, a conveyancing practitioner and her partner.
The listing agents are Deborah Cullen and Richard Sholl of Unique Estates.
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j.ballantyne1990-6AQqhLzZaK

Designer home Seacrest at Collaroy Plateau for sale 

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The north facing bushland Belrose home of the late water polo Olympian Doug Laing, the 60 year real estate veteran, sits high above the escarpment of Garigal National Park with glimpses of water. 
His 1972 house was designed by architect Nino Sydney for the family who, having spent much their early days in Bondi, introduced a stepped terrace, not unlike the steps at Bondi Beach.
It flows down to the large pool and an enormous lawn at the 3640 sqm property. 
The split level, five bedroom <a href="https://laing.com.au/2406226/" target="_blank">Morgan Road home </a>goes to October 24 auction through his daughter, Vicki Laing who continues the estate agency.
This article was first published in the Saturday Daily Telegraph.
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Estate agent pioneer's Belrose home for October auction

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The Griffin House at Castlecrag, designed by architect Alex Popov, has been listed by the Cooper family.
Inspired by Castlecrag designer Walter Burley Griffin, the <a href="https://www.domain.com.au/8a-rockley-st-castlecrag-nsw-2068-2012336182?sp=1" target="_blank">8a Rockley Street </a>house won the 1990 Wilkinson and Robin Boyd architecture awards.
Behind double copper front doors are the living areas, with a bird's-eye maple kitchen, a columned dining area and master bedroom with walk-in dressing room and ensuite. 
There are views over Sailors Bay.  
Mark O'Brien of Richardson &amp; Wrench expects $5 million plus for the property he last sold in 2002 at $3.5 million. Griffin was first traded when bought by art director Karl Von Busse from US-based television commercial producer Peter Cherry in 1993 for $962,500. 
The model suburb Castlecrag was developed during the 1920s by Chicago-born Walter Burley Griffin and his wife Marion Mahony Griffin.
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Alex Popov-designed Griffin, Castlecrag home up for sale

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The entreprenuerial Double Bay dental innovator David Penn and his wife, Linda, secured $4.825 million when they finally sold their Whale Beach oceanfront retreat, just a few days shy of a year on the market.
More than $6 million was initially expected by the couple who have purchased next door where there they have plans for another renovation.
The cliff-top property, designed by <a href="https://www.raineandhorne.com.au/properties/141-whale-beach-road-whale-beach-2107-new-south-wales" target="_blank">architect Joe Rooz</a>, was bought by Emma and Garren Cronin, former Lazard managing director now heading up Cadence (90) Investments. 
The house of steel, glass and sandstone sits amid Richard Unsworth-designed gardens.
It sold through Glenn Lee at Raine &amp; Horne.
 
This article was first published in the Saturday Daily Telegraph. 
 
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Joe Rooz-designed Whale Beach sale at $4.8 million

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A four-level home in Brisbane’s inner-southeast suburb of Camp Hill is on the market for the first time in 40 years.
<a href="https://www.realestate.com.au/property-house-qld-camp+hill-120887529" target="_blank" style="line-height: 1.3em;">51 Indus Street</a> sits on top of the hill, across the road from the Whites Hill Reserve, and is up for auction onsite November 7 early next month through Stuart McCrea of Place.
He said the builder and his family lived in the house for 40 years but the time has come to sell.
“I think a lot of the local residents who know the property will look forward to the opportunity of looking inside and witnessing the amazing views on offer,” he said.
"We anticipate good interest in the property from potential buyers due to its uniqueness, position and impressive 180-degree views of Brisbane City and Moreton Bay."
 
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Hilltop Brisbane home lists in Camp Hill

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An 1884 Victorian Melbourne home has been listed for sale with $2.25 plus million hopes through Michael Armstrong at Kay &amp; Burton.
The <a href="https://www.realestateview.com.au/Real-Estate/53-greville-street-prahran/Property-Details-buy-residential-9561908" target="_blank">53 Greville Street</a> Prahran home has been recently restored by vendor Ian George.
It has three bedrooms and two bathrooms.
The Wesley House terrace had been an investment property for 15 years.
It features a Margie Bromilow interior design and garden designed by Jack Merlo.
Period features include high ceilings, open fireplaces and lead-lighting.
The property goes on auction on October 17.
The median price for a home in <a href="/news">Prahran is $1,233,500</a>, according to CoreLogic RP Data.
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