Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

Residential Market

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The real estate market in NSW's Mid North Coast is approaching its peak, both for houses and units, according to valuation firm Herron Todd White's April 2016 property clock, a simple broad brush means of indicating where property prices are and where they are headed to.
<a href="/images/2016/04/15/Screen%20Shot%202016-04-15%20at%201.34.54%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/04/15/Screen%20Shot%202016-04-15%20at%201.34.54%20PM.png" alt="">
 
In its analysis of affordable living in the outer suburbs, HTW talks about the largest regional town on the Mid North Coast, Port Macquarie, as well as some of the surrounding smaller towns. 
<a href="/images/2016/04/15/Screen%20Shot%202016-04-15%20at%2012.53.43%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/04/15/Screen%20Shot%202016-04-15%20at%2012.53.43%20PM.png" alt="">
Port Macquarie’s growth over the past 12 months has been the strongest on the Mid North Coast during the past five years and while the fringe suburbs have shown increases in value over that time, their rate of increase has been behind that of established residential areas within the township. This has created greater choice for buyers. For similar value, buyers can purchase an older dated dwelling close to town or they can move to the outer suburbs and purchase or build a new dwelling.
The town continues to grow and we are seeing rapid growth in these fringe areas as new services are being provided, including a private school, a new university and shopping centres.
At present the outer or western fringes of Port Macquarie comprise the expanding suburbs of Sovereign Hills, Brierley Hill and Ascott Park. These have all seen major growth over the past 12 months in new lot registration and in the approval and construction of new dwellings. Median land prices in these estates are around $195,000 (Sovereign Hills) to $240,000 (Brierley Hill and Ascott Park). 
With the increase in services and popularity of these western localities, we have also noticed an increase in rental returns. Brierley Hill has seen good rental returns due to its local shopping facilities, private school, hospital and current and future student influx for the new Charles Sturt University still partly under construction.
Subdivision growth in the smaller towns includes Wauchope’s Glenview Park and Timbertown Estates, which have also seen good sales over the past 12 months with land prices ranging from $155,000 to $200,000 for larger lots. Located only 20 minutes west of Port Macquarie, the town has seen interest from families looking for a modern estate with moderate pricing yet close to facilities.
To the south, Caterina Estate at Lake Cathie is now under construction. This beachside estate will include a village centre as well as residential lots. Vacant land prices range from $300,000 to $400,000 with over 1,200 lots to be released over three stages. This estate will appeal to the prosperous buyer or retiree who just loves the location.
Sales of new dwellings are higher than previous years, with land values increasing in each new stage. Hasting Port Macquarie Council figures show the last financial year had a 40% increase in residential building approvals from the previous year. This financial year is on track to achieve a similar number of approvals as last year.
Generally, the present outer suburbs are developing rapidly and the increased building activity has helped fuel the local building industry and the area’s economy as a whole. We also note that the slowing of the Sydney market has not affected property prices or sale rates within Port Macquarie and agents are continuing to report a lack of stock and short selling periods. 
As an illustration, Property Observer found this sold property in Brierley Hill on www.realestate.com.au.
A three-bedroom coastal house under construction at <a href="https://www.realestate.com.au/property-house-nsw-port+macquarie-119338051" target="_blank" style="line-height: 1.3em;">Lot 170 Brierley Avenue Brierley Hill Port Macquarie NSW 2444</a> (above) fetched $470,000.
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Fringe suburbs of NSW's Port Macquarie showing steady growth in home values: HTW

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Despite the region having passed the peak of the market, Toowoomba’s fringe suburbs gained momentum throughout 2015.
These fringe suburbs are dominated by the owner-occupier sector with less investor activity than in Toowoomba, according to valuation firm Herron Todd White’s analysis of fringe suburbs in their April 2016 property clock.
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<img src="/images/2016/04/15/Screen%20Shot%202016-04-15%20at%201.34.54%20PM.png" alt="" width="1135" height="863">
For instance, localities such as Highfields and Kleinton to the north and Westbrook, Wyreema and Cambooya to the south-west have all shown considerable capital growth over the past decade, with all areas recording a steady increase in median house price. 
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<img src="/images/2016/04/15/Screen%20Shot%202016-04-15%20at%2012.53.43%20PM.png" alt="">
The median house price for Highfields and Kleinton is $520,000 and $541,000 respectively, which sits considerably above Toowoomba’s affordable median of approximately $369,000 as at the second half of 2015. So, why are these outer suburbs proving so popular? Simply, it is because purchasers are getting more for their money. Although the median price is almost 30% above Toowoomba’s more central suburbs, Highfields and Kleinton provide a high quality, modern or large home option within a mere 14 to 20 kilometre commute to the Toowoomba CBD. 
To the south of the CBD, from 12 to 22 kilometres, Westbrook, Wyreema and Cambooya offer a slightly more affordable fringe dwelling option. The median price in Westbrook is still above Toowoomba’s at $460,000, however Wyreema and Cambooya are below at $310,000 and $320,000. Similar to the northern satellite suburbs, these localities provide predominantly modern dwellings, however on a more moderate scale and with a more basic fit out. 
Overall, Toowoomba’s fringe suburbs have shown that they typically trade off a central location for a superior quality and size dwelling. In terms of investment, all satellite localities have mirrored Toowoomba’s in that median values and volumes peaked in the second half of 2014 to the second half of 2015 and have begun to show signs of flattening. There are large land development projects to come on line in areas such as Highfields and Cotswold Hills, which may stymie some of the recent growth rates as supply increases. 
Property Observer found a few recently sold homes in the fringe suburbs of Highfields and Westbrook around their median prices of houses.
A five-bedroom house at <a href="https://www.realestate.com.au/property-house-qld-highfields-121581118" target="_blank">23 Flamingo Road Highfields Qld</a> (below) 4352 recently sold for $515,000, according to <a href="https://www.realestate.com.au">www.realestate.com.au</a>.
<img src="/images/2016/05/06/image2-1.jpg" alt="" width="641" height="481">
A four-bedroom house at <a href="https://www.realestate.com.au/property-house-qld-westbrook-121270970" target="_blank">133 Main Street Westbrook Qld</a> (below) 4350 was snapped up for $472,500 earlier this year.
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Owner occupiers dominate the robust fringe market of Queensland’s Toowoomba: HTW

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Melbourne was approaching the peak of market for houses while being at the top for units in valuation firm Herron Todd White's April 2016 property clock, a simple broad brush means of indicating where property prices are and where they are headed to.
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The report also talks about Melbourne's fringes and their affordability compared with the inner city.
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Outer East 
Within the outer-east, fringe suburbs can be considered to be Kilsyth, Boronia, Mooroolbark and Bayswater North. Affordability is certainly one of the main factors driving a movement of purchasers from the inner-eastern suburbs to those on the fringes. 
The average price for property aggregated through Ringwood, Ringwood East, Mitcham and Wantirna for the December 2015 quarter was $858,250.
By comparison, the neighbouring fringe suburbs averaged 43.8% lower at $596,750 (source: REIV). The difference can partially be explained by the availability of good quality schools within the inner- eastern suburbs which has traditionally attracted more families and increased competition, thereby increasing average prices. While the middle eastern suburbs provide convenience in terms of access to the city and amenities, the resulting properties tend to be smaller. On the other hand, properties in the fringe suburbs tend to be on larger lots of land and offer purchasers further opportunities and scope for future development. 
Although the fringe suburbs may appear to offer good value for money, capital growth rates show that these suburbs may not represent a good short term investment. Bayswater and Boronia for example recorded capital growth of only 1.6% and 2.3% respectively in the 12 months to March 2016. By comparison, in the same period, Ringwood grew by 7.6%, while Wantirna South grew by 9.8%. However, from an investment point of view, rental demand for properties in the fringe suburbs has been high which has resulted in respectable yields of over 4%. 
In the long term, it would seem reasonable to expect the price gap between the middle eastern suburbs and the fringe suburbs to narrow as developers consider the abundance of large lots available in the fringe suburbs and therefore attract more potential purchasers who may have previously excluded such suburbs from their search criteria.
Examples of sales in fringe suburbs
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138 Liverpool Road, Kilsyth – sold for $515,200 on 10 March 2016 (land area 432 square metres, 4-bedrooms, 1-bathroom, 1-carport) 
<img src="/images/2016/04/29/Screen%20Shot%202016-04-29%20at%205.36.50%20PM.png" alt="">
6 Freedman Avenue, Boronia – sold for $570,000 on 3 March 2016 (land area 930 square metres, 3-bedrooms, 1-bathroom, 1-car garage) 
Outer North 
The fringe dwellers of Melbourne’s north are in suburbs such as Greenvale, Craigieburn, Mernda and Doreen. These suburbs are situated within Melbourne’s outer ring. When looking at affordability in the north of Melbourne, middle suburbs such as Northcote, Brunswick, Thornbury and Preston are all having an impact. 
Quarterly median house prices in the inner north: 
<ul>
<li>
Northcote-$1,106,250 • Brunswick-$925,000 • Thornbury-$1,017,000 • Preston-$812,000 
</li>
</ul>
An increasing amount of home buyers are looking for more affordable properties in the north. Compare these median prices in the inner north to that in the outer ring of Melbourne. 
Quarterly median house prices in the outer north: 
• Greenvale:$655,000 • Craigieburn:$420,000 • Mernda:$455,000 • Doreen:$480,000 
Some of these outer north suburbs have experienced good growth in median prices in recent times. Greenvale had a quarterly change of 17.8%, and Mernda showed a change of 9.7%. Home buyers or investors need to be aware however that median prices are not always a true re ection of the growth of a suburb. Greenvale for example has recorded some high priced sales in recent times, which affects the median price. 
<img src="/images/2016/04/29/Screen%20Shot%202016-04-29%20at%205.39.06%20PM.png" alt="">
1 Lamark Court, Greenvale – sold for $1.285 million on 23 October 2015 (land area 4,094 square metres, 4-bedrooms, 3-bathrooms, 4-car garage) 
Weekly rent for three-bedroom houses in Craigieburn is $330, with a yield of 4.8%. Mernda is $333, with a yield of 4.6% and Doreen is $350, with a yield of 4.4%.
With a great amount of new housing development occurring in the outer north of Melbourne, it can be said that the oversupply will keep prices stable or even see them decrease in the short term. 
The outer north is more a long term proposition. The area will become more favourable with an increase in infrastructure such as public transport, schools and town centres. 
Outer West 
The western fringe suburbs of Melbourne have been increasing in popularity as more buyers make the decision to live or invest outside of the inner and middle metropolitan areas. There is an appeal for home owners buying bigger lots and building larger homes for their money. It isn’t just those getting in at the low end but buyers who take the opportunity to have a bigger home often with higher-end finishes and fittings in comparison to what they could buy with the same amount of money in the inner and middle metro suburbs. We are seeing steady and in some cases increasing demand for suburbs such as Tarneit and Wyndham Vale in the outer south-west along with Plumpton, Rockbank and Melton in the outer north-west. 
With the Melbourne population projected to almost double from its current 4.4 million to eight million by 2051, the development of fringe suburbs will need to continue in order to provide sufficient housing for Melbourne residents. 
A number of factors are at play for buyers choosing to enter the market in fringe suburbs, the biggest being affordability. Based on Real Estate Institute of Victoria (REIV) statistics, the metro Melbourne December 2015 quarter median house price was $718,000 and the median unit price was $537,500. In comparison, for the same period Tarneit median house price was $415,000, Wyndham Vale was $365,000 and Melton was $257,000. With median house prices in the outer suburbs being less than the median unit price in metro Melbourne, it is not surprising that so many are purchasing in fringe suburbs. As both owner-occupiers and investors are hunting for affordable options and better capital growth opportunities, looking further away from the city is becoming a common trend. Overall, the outer suburb median house price for the December 2015 quarter increased 2.9% to $559,000 and the median unit price rose to $425,000. 
These outer fringe suburbs are self-sufficient with amenities, schools and transport. While services and infrastructure has been lagging in outer suburbs compared to inner and middle metro areas, the Government has made this a priority due to the increased volumes of people moving to these areas and committed to updating the planning blueprint and allocating funds for community facilities in late 2015 with a focus on co-ordinating the economic and social infrastructure required. 
Those looking to invest are looking to the fringe suburbs in the hopes of finding a bargain that can return strong rental yields. Realestate.com.au advises the median rental return for Melton is $270 a week which equates to a 5.5% yield. Plumpton has a median rental yield of 6.7% and a median weekly rent of $385. Tarneit provides a lower rental yield with a median of $340 per week and 4.4%. 
Although there is demand for existing dwellings in some of the more established suburbs such as Wyndham Vale, Tarneit and Melton there is also strong demand for the new estates throughout the western fringe. With the large volume of englobo land in the west, it is a trend that can continue as long as there is demand. A large majority of these new estates is being planned and developed with various facilities or conveniences to enhance the lifestyle of residents including shops, cafes, schools, day care and sports and recreation amenities. The appeal of the strict design guidelines and presentation of the estates is considered attractive as it helps to create a pleasing and cohesive aesthetic. While some buyers may see it as a detraction to live in a uniform estate, others see it as a positive and prefer the consistency. The appeal of building a new home is continuing to be popular and in part driven by the restrictions on overseas buyers to invest in new dwellings. 
<img src="/images/2016/04/29/Screen%20Shot%202016-04-29%20at%205.40.40%20PM.png" alt="">
Source: rpdata.com 
14 Arawata Parade Melton – sold $221,000 on 8 November 2015 (land area 603 square metres, 3-bedrooms, 2-bathrooms, 1-carport) 
<img src="/images/2016/04/29/Screen%20Shot%202016-04-29%20at%205.41.55%20PM.png" alt="">
Source: rpdata.com 
42 Moorookyle Avenue, Tarneit – sold on 4 December 2015 for $310,000 (land area 365 square metres, 3-bedrooms, 2-bathrooms, 1-car garage)
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Affordability driving buyers to Melbourne fringes: HTW

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The Lord Mayor of Parramatta Paul Garrard together with Crown Group CEO Iwan Sunito have marked the ‘topping out’ of Parramatta’s highly-anticipated development V by Crown Group. 
Positioned in the heart of Sydney’s second CBD, the landmark 29-storey tower reached its highest level of construction this week.
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V by Crown will feature Parramatta’s highest bar with sweeping 270 degree views of Sydney.
“We have long believed in the strength and potential of Parramatta,” Crown Group CEO Iwan Sunito said.
“This is one of the fastest growing areas of Australia and key infrastructure and construction projects here will shape the future of the entire of Greater Sydney.
“Parramatta has seen dramatic change since we began construction of V by CrownGroup four years ago, and this project addresses the growing demand for high-quality apartments with resort-style facilities in Sydney’s second CBD,” Mr Sunito added.
Designed by Sydney-based Allen Jack + Cottier and Koichi Takada Architects, this 590-apartment development includes a private pool, gym, sauna, conference facilities, music room, theatrette, library, state-of-the-art archaeological showcase and rooftop sky bar; plus a boutique hotel and ground level retail-and-dining plaza. 
A plaque acknowledging the time capsule will be placed on the ground floor of the 29-storey building.
It is located less than 300m from Parramatta Square; Parramatta City Council’s $2-billion redevelopment precinct; and a short walk from Parramatta train station, Parramatta Heritage Parklands and Westfield Parramatta.
Lord Mayor of Parramatta Cr Paul Garrard said there was a significant amount of development taking place in Parramatta with $12 billion worth of projects in the pipeline. 
Parramatta’s population is forecast to grow 24 per cent by 2036, from a total of 190,495 to 236,864. 
Three expansive luxury penthouses occupy the two highest levels of V by CrownGroup, some of the most exclusive positions in Western Sydney.
Each penthouse is set over two floors and includes three bedrooms, a study, two bathrooms, a guest powder room, open-plan kitchen, indoor-outdoor living area, two car spaces and a large balcony. 
Set to open in summer 2016/17, the level-26 Sky Bar features an expansive 275sqm internal bar area, direct lift access, double height ceilings and a 90 sqm outdoor terrace with sweeping views of Parramatta’s Heritage parklands, Sydney’s CBD and Sydney Harbour Bridge. 
A stunning glass wall forming a unique backdrop behind the bar service area will take advantage of the bar’s sky high position.
Crown Group Director of Sales and Marketing Roy Marcellus said Parramatta had been missing the more glamorous high-end level of apartments available at V by Crown Group.
Two large V-shaped columns, each standing a striking three storeys tall; highlight the entrance to the development located at 45 Macquarie Street, corner of Macquarie and Marsden streets.
V by Crown Group is scheduled for completion in 2017.
Apartments are priced as follows:
<ul>
<li>Studios – from $556,000 – 565,000</li>
<li>1-bedroom – from $722,000 – 902,000</li>
<li>2-bedroom - from $930,000 – 1,208,000</li>
<li>3-bedroom penthouse – from $2,420,000</li>
</ul>
For more information call 1300 302 186 or visit <a href="https://www.crowngroup.com.au/" target="_blank">www.crowngroup.com.au</a>
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jonathanchancellor-7SQnKwU6yx

V by Crown reaches the peak at Parramatta

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Gold Coast is approaching the peak of market for both houses and units in valuation firm Herron Todd White's April 2016 property clock, a simple broad brush means to indicate where property markets are and the direction they're headed in.
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Fringe areas on the Gold Coast can generally describe localities west of the M1 Pacific Motorway, north of the Coomera River and south of the Tweed River. This encompasses small lot residential and master planned housing communities, acreage, rural lifestyle and farming areas. On the Gold Coast the diversity of property can be quite extreme within a relatively short distance. 
West of the M1 Pacific Motorway are the areas such as Mudgeeraba, Worongary, Highland Park, Gilston, Nerang and Gaven. All these localities have experienced a varying degree of price growth over the past 18 months with detached dwellings being the predominant type of housing in this area. 
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At present there are vast opportunities to purchase a detached house within a reasonably affordable price range ($350,000 to $550,000) and which could potentially offer a solid rental return. 
Some examples of properties which have recently sold in the more established fringe areas are as follows: 
18 Equinox Court, Mudgeeraba sold in January 2016 for $445,000.
This property comprises a circa 1980, partly refurbished, semi-modern style, single storey, rendered brick, three-bedroom, two-bathroom, dwelling, with concrete tiled roof and one uncovered car space. The living areas are approximately 129 square metres and has an outdoor area of approximately 38 square metres. 
The dwelling is located on an easy sloping, regular shaped, inside block situated above road level with some local and mountain views. Outdoor improvements are of an average standard and include established landscaping; garden shed, and retaining walls. The property has a good presentation with a land area of 880 square metres. Sale price apportioned as follows: Land – $275,000; Improvements – $170,000. It is located within a quiet residential street and is also within close proximity to Mudgeeraba township. This property was sold by PRD Nationwide in the first week that it was listed on the market and sold prior to the commencement of internet advertising. 
The current asking rental prices within Mudgeeraba typically range between $450 and $500 per week for a residence similar to the above mentioned property. 
7 Sue Ct, Highland Park sold in January 2016 for $410,000.
This residential property comprises a circa 1987, semi-modern style, single storey, three-bedroom, one-bathroom, brick dwelling with concrete tiled roof and one car garage. The living areas are approximately 106 square metres. The dwelling has been fully renovated internally and is located on an easy sloping, slightly irregular shaped, inside lot situated above road level. The outdoor improvements include shade sail, moderate landscaping and garden shed. The dwelling presents in a fair condition, with modern PC items of average quality. The property has good access to the M1 Pacific Motorway. The land area is 697 square metres and the sale price has been apportioned as; land value – $250,000; improvements value – $160,000. 
The current asking rental prices within Highland Park typically range between $400 and $450 per week for a residence similar to the above mentioned property. 
3 Mango Ct, Nerang sold in January 2016 for $418,756.
The property comprises a circa 1980, semi-modern style, single storey, three-bedroom, one-bathroom, brick dwelling with concrete tiled roof and 1-car attached carport. The living areas are approximately 125 square with the outdoor area 33 square metres approximately. The dwelling is located on a 
moderately sloping, irregular shaped, inside lot situated at road level. The property has no signi cant views with outdoor improvements including moderate landscaping, lawn locker of 6 square metres and solar panels. The property has a fair presentation with a land area of 712 square metres. 
The current asking rental prices within Nerang typically range between $390 and $440 per week for a residence similar to the above mentioned property. 
If you are seeking a relatively cheap property investment in the fringe ‘central’ areas like Mudgeeraba, Nerang and Highland Park and are looking for rapid short term capital growth you’ve probably missed the boat! With the market now starting to stabilise, investors are better off taking a long-term perspective. 
Traditionally, rental demand for houses in these areas has rarely been volatile. We suggest that if you are looking to buy here and looking to rent the property for ten plus years then these suburbs are a safe bet. 
Mudgeeraba is our pick if you are an owner-occupier or investor looking for a detached house under $500,000 west of the M1 Pacific Highway. This suburb offers a good array of schools and shops and Robina Town Centre is a short five to 10 minute drive from the township. 
While price levels appeared to have already strengthened in this suburb over the past 12 months, there are still opportunities in this price bracket which would also make good long term investment. You will have to keep a close eye out though if you want grab a bargain buy as agents have reported a shortage in stock levels over the past six months. 
To the north-west, two affordable residential fringe suburbs are considered to be Maudsland and Tamborine Mountain. Both suburbs are popular with owner-occupiers and investors and have differing demographics. Prices have strengthened post GFC and are presently stable in the $300,000 to $550,000 price point with a good range of predominantly modern (post 2000 built) duplexes and houses available. 
There is a limited supply of duplexes in Maudsland with price points being around $330,000 to 375,000 with rental returns being ($340 to $375 per week) depending on size and condition. 
Dwellings in Maudsland are selling in the $400,000 to $550,000 price points with those at the higher end generally being updated and comprising 4- or 5-bedrooms, 2-bathrooms, double garages and swimming pools. Rentals in for these properties generally range between $410 and $600 per week. Local agents report strong demand for sale and rental properties. This area is underpinned by increasing amenity, proximity to transport and the M1 Paci c Highway. 
Dwellings in Tamborine Mountain are selling in the $320,000 to $550,000 price range. Properties in the lower price points tend be located toward the northern side (off the mountain), generally comprising 2- to 3-bedrooms, one bathroom and off street car parking. Site contours can vary greatly. Rentals for these (lower price point) properties generally range between $350 and $420 per week. 
Properties between $425,000 and $550,000 are generally more centrally positioned on Tamborine Mountain enjoying 3- to 5-bedrooms, 2-bathrooms, double garage and more favourable topography or views. Higher price point properties tend to rent between $450 and $650 per week. 
Maudsland would have to be the pick to be the better performer over the long term. Local agents report a lack of listings in the competitive sub-$600,000 market segments and a large number of potential purchasers. It is expected that infrastructure and amenities within this area will continue to improve hence driving demand. Tamborine Mountain will continue to be more of a lifestyle location where properties tend to be purchased for the longer term. 
Further north of the Coomera River are Pimpama and Ormeau. Both suburbs have experienced varying growth over the past couple of years with project-style detached dwellings and duplex units being the predominant type of housing in these areas. 
The new developing residential estates are predominantly driven by investors with majority of new properties being purchased by local, interstate and overseas buyers. The established modern (post-2000) residential estates in both suburbs are popular with owner-occupiers and investors and have different demographics. Prices have improved over the past one to two years and are stable in the $400,000 to $550,000 price range for detached dwellings and $325,000 to $400,000 for duplex units. 
Local real estate agents who actively market land and housing in both suburbs advise of generally good market conditions currently prevailing for vacant lots and housing priced below $550,000. They further report that generally the market for this type of property has improved over the past 12 months, with low stock levels currently available and sale prices showing steady growth over this period. 
Local real estate agents who actively market duplex units in both suburbs advise of generally good market conditions currently prevailing for units priced below $400,000. Importantly, the rming in the established housing market has had the effect of increasing the demand for duplex units, particularly for rst home buyers who are being increasingly priced out of the detached housing markets. There are predominantly more duplex units available in Pimpama and limited supply in Ormeau. 
Both suburbs are considered good value for money and have been steady over the past few years. 
Rentals for detached housing in both suburbs generally range between $410 to $550 per week depending on size and condition. Local agents report strong demand for rental properties in both areas. Properties that have been recently completed, refurbished or have swimming pools generally achieve the upper end of market rent. Accommodation is typically 3- or 4-bedrooms, 2-bathrooms and double garages. In these areas duplex units weekly rent generally range between $320 to $400 and accommodation typically comprises 3-bedrooms, 2-bathrooms and a single or double garage. 
Our pick is both Ormeau and Pimpama to be sustained performers in the northern growth corridor, supported by surrounding developments and infrastructure increasing amenities, proximity to transport, shopping centres and the M1 Pacific Highway. Furthermore, investors still view these areas as good value for money compared to the Sydney and Melbourne fringe development areas. 
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Gold Coast fringe suburbs are value for money: HTW

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The Hermitage in south-west Sydney’s Gledswood Hills suburb is a masterplanned community by Japanese developer Sekisui House whose vision is to “create homes and communities that improve with time and last for generations”.
The $750 million Hermitage, when complete in 2022, will offer up to 2,000 premium home sites across a number of precincts.
Gledswood Village spans more than seven hectares and is a mixed-use precinct. The proposed mix of Gledswood Village will include a combination of convenience and boutique operators, public spaces and community facilities. 
The $300 million Gledswood Village will have retail, cinema and entertainment, food, a public school for 600 pupils, child care, a swimming centre and a medical centre.
Project Director Craig D’Costa said as a responsible developer with a focus on creating sustainable communities, we place people at the heart of every project we undertake.
"The appointment of a community engagement specialist is consistent with our commitment to the residents of The Hermitage, as we believe in the importance of the community in helping to create and shape the foundations of our developments," he said.
The development will complement the Hermitage, which features 35 hectares of parklands and green spaces, with its crown jewel being a nine-hole Par 3 golf course and driving range designed by golf legend Greg Norman.
It will comprise apartments, terraces and villas and is expected to house more than 6,000 residents.
Sekisui House recently announced that it had received development approval for the golf course.
In addition, there are 10 park locations dispersed throughout the masterplan with 50 kilometres of cycle and pedestrian pathways.
The Hermitage attracted considerable buyer interest, with 28 of the first 59 lots in the first release sold within days of its launch in early 2012.
The Camden LGA, in which Gledswood Village falls within, is amongst the fastest growing in Sydney with a forecast 204% growth in population, representing an increase of over 119,000 people by 2031.
Sekisui House has 11 major developments underway across Australia, with Central Park in Sydney in conjunction with Frasers Property Australia one of its top projects.
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Sekisui's $300 million Gledswood Village in south-west Sydney aims to be a community magnet

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On the eve of the Federal Budget, Four Corners reported on the white-hot issues of housing affordability and negative gearing.
It spoke of a generation left wondering if they will ever own their own home.
<a href="https://www.abc.net.au/4corners/stories/2016/05/02/4451883.htm">Reporter Ben Knight</a> explored the housing crisis locking younger people out of home ownership and the negatively geared world of investors building their nest eggs.
He then reported on what he called agents spruiking the investor-led property gold rush and worrying evidence of fraudulent loan applications which could leave banks and consumers dangerously exposed.
It aired on Monday 2nd May at 8.30pm EDT. It is replayed on Tuesday 3rd May at 10.00am and Wednesday 4th May at 11pm.
It can also be seen on ABC News 24 on Saturday at 8.00pm AEST, <a href="https://iview.abc.net.au/" target="_blank">ABC iview</a> and at <a href="https://www.abc.net.au/4corners/" target="_blank">abc.net.au/4corners</a>.
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jchancellor-FAypfDUnLy

Worrying investor-led property gold rush: 4 Corners

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Sunnybrae, one of the cottages from The Block All Stars television series, is back up for sale in Bondi with $2.2 million expectations.
It was the 2013 reno undertaken by "the two fat tradies," Mark Bowyer and Duncan Miller.
Listed through Alexander Phillips of Phillips Pantzer Donnelley,<a href="https://www.ppdre.com.au/1P1812" target="_blank"> the 10 Tasman Street semi</a> fetched $1.375 million in the show's auction finale when sold to the Hatton family.
It was the cheapest of the four 275 sqm semi's as the home sale bagged the contestant duo just $25,000 profit, nearly $200,000 behind third placed contestants, Dan Reilly and Dani Wales.
The Adelaide couple Phil Rankine and Amity Dry won the series with their semi, Kildrummie selling through 1st City Real Estate with auctioneer Damien Cooley securing $1.67 million, some $295,000 over reserve. 
Some things have changed at Sunnybrae since then as a garden pool has been added off its open plan kitchen and vergola shaded entertaining terrace.
Set on 275 sqm, the circa 1910 family home has three bedrooms, but just the one bathroom.
After the producers spent around $5.2 million on the initial four side by side acquistions there was the costly rebuild renovation which came with a Waverley Council approved $800,000 development application, and then the contestant couples expenditure on their renovations and styling.
Mark and Duncan's was the most eclectic house. Remember the rhino heads in the bathroom? They are still there as wall features.
Even the cowprint splashback in the kitchen is still insitu.
"The custom-appointed home's alluring interiors and eco-friendly design combine to deliver a wonderful environment for family living and entertaining," listing agent Alexander Phillips said.
"The fluid layout and landscaped garden oasis with gas-heated pool epitomises laidback beachside living 600 metres through the gully to Tamarama Beach," he added.
Sydneysiders Mark and Duncan met by chance in a timber yard more than 20 years ago and have been close friends ever since. They first appeared on the series in the 2010 Vaucluse renovation where their $47,000 winnings was the smallest of the contestant take home prizes.
Channel 9's The Block has become exclusively Melbourne based since the Bondi series because the producers complained Sydney local councils were less accommodating and prices were dearer here too.
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Mark and Duncan's The Block Bondi All Stars semi on market

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NRL player Kieran Foran's circumstance involves, in part, the stress of buying a new home.
The family have been renovating their Freshwater purchase which cost him $2.51 million in February.
Set on a large 1018 sqm block, the full brick family home has five bedrooms, a home office and swimming pool. It last traded five decades ago.
His Belrose house was bought for $1.06 million back in 2012.
Foran has recently been stood down indefinitely by the Parramatta Eels for personal issues.
Ray White Freshwater agents Graham Bennett and Bernard Hachenberg secured the sale.
It was thought Foran might have bought closer to his new club, but in fact he's moved closer to his old stomping ground.
He took ownership of the home on March 31.
This article was first published in the Saturday Daily Telegraph.
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Kieran Foran buys in Freshwater

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The pace of capital gains rebounded from the relatively flat numbers recorded in March, with dwelling values increasing by an average of 1.7 percent across the CoreLogic RP Data combined capitals’ index.
The latest figures now take the combined capital city dwelling values measure 3.3 percent higher over the first four months of 2016.
Across the country, housing market trends remain mixed, however, CoreLogic RP Data research director Tim Lawless noted that the improvement in the rate of capital gains has been ‘broad-based’ during 2016 with every capital city except Perth recording a lift in dwelling values over the calendar year to date.
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“The results show value growth moved at a faster pace compared with the final three months of 2015 when capital city dwelling values slid 1.4 per cent lower off the back of weaker market conditions in Sydney and Melbourne.
“While we’ve seen capital gains moderate substantially after peaking last year in Sydney and Melbourne, dwelling values continue to trend higher, just not as fast.
"The annual rate of growth in Sydney peaked at 18.4 percent in July last year and has since moderated back to slightly less than half the peak rate of growth, at 8.9 percent over the most recent twelve month period,” Mr Lawless said.
Melbourne’s housing market continues to show a level of resilience to a slowing trend, however the annual growth rate has fallen from a recent peak of 14.2 percent to the current annual growth rate of 10.1 percent; Melbourne was the only capital city to see double digit growth over the past twelve months.
Perth and Darwin remain as the only two capital city markets to experience a decline in home values over the past twelve months, with Perth values down 2.1 percent and Darwin values 3.7 percent lower.
“With recent month-on-month increases in home values in these two cities, the declining trend rate is now levelling.
"This may be an early sign that these markets are beginning to find their cyclical trough after more than a year of annual declines.”
<a href="/images/2016/05/02/Screen%20Shot%202016-05-02%20at%2011.20.46%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/05/02/Screen%20Shot%202016-05-02%20at%2011.20.46%20AM.png" alt="">
Over the current growth cycle, which commenced broadly in June 2012, capital city dwelling values have moved 34.4 percent higher, led by a 52.7 per cent rise in Sydney home values, and a 37.1 percent lift in Melbourne values.
Brisbane experienced the third highest rate of dwelling value growth over the growth cycle to date; dwelling values in the city are now up 18 percent. 
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