Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<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/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Joel Robinson

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

National property developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has appointed BINAH as its construction partner for Quartet, its new Brisbane apartment development in the undersupplied suburb of <a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>.

Located just two kilometres from the Brisbane CBD and moments from key 2032 Olympic precincts, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet</a> will deliver 131 one, two, three, and four-bedroom apartments priced from $1 million to $4.2 million, combining elevated design with a wellness-focused lifestyle offering.&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=368000]

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the appointment of <a href="https://www.apartments.com.au/builders/binah-constructions">BINAH</a> marked an important milestone for the project.&nbsp;

“Bringing BINAH on board as our construction partner will allow us to bring our vision for Quartet forward with a team that has a proven track record of delivering high-quality residential projects,” Thompson said.&nbsp;

“We’ve taken a considered approach to progressing the site because we wanted to deliver the whole package. Buyers ultimately back great developers, great projects and great builders, and with Quartet, we’ve made sure all three line up.

“People want certainty, they want to know the project will be built, that the homes will be delivered as promised, and that the developer stands behind the quality of what they create. That’s something Goldfields has built its reputation on over many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367993]

BINAH’s Managing Director, Khalil Hafza, said the company was proud to be partnering with Goldfields to deliver Quartet.&nbsp;

“Quartet is an exciting project to bring to life, particularly given the level of detail in the residences and the extensive rooftop amenity planned for the building,” Mr Hafza said.&nbsp;

“Our focus is on delivering a high-quality build that brings that design vision to life and creates homes residents will enjoy for many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367999]

The facilities at Quartet have been feared towards the roof, with a&nbsp;25 metre lap pool, spa, sauna and cold plunge, and a communal barbecue area and alfresco.

Town planning was designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by Melbourne-based architecture firm Cera Stribley.

<a href="https://www.apartments.com.au/interior-designers/cera-stribley">Cera Stribley</a> Co-Founder and Managing Principal, Dom Cerantonio, said the project responds to both its riverside setting and Brisbane’s evolving urban character.&nbsp;

“Quartet has been designed to sit comfortably within its riverside context, offering a refined take on urban living through well-planned, generously proportioned residences that will stand the test of time,” Mr Cerantonio said.&nbsp;

“An emphasis on natural light, natural textures and carefully selected finishes from timber and marble to premium appliances, creates calm, considered interiors designed for comfort and long-term liveability.”&nbsp;

Construction of Quartet will commence in July 2026, with completion anticipated in Q4 2028.

[smartcode_project_cta:default project_id=108736]

Construction to commence on 131-residence tower designed around wellness-focused living

Goldfields appoints BINAH for Quartet apartments in Milton

The first partnership between national developer <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> and Adelaide-based developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> has made a strong start, with the pair securing $21 million in unconditional sales at <a href="https://www.apartments.com.au/new-apartments/one-four-four-hutt-adelaide-144-hutt-street-adelaide-sa-5000">One Four Four Hutt</a>&nbsp;on the edge of the Adelaide CBD.

Over a third of apartments have been snapped up in the boutique 44-apartment project on the corner of Hutt Stret and Wakefield Road. Local downsizers and owner-occupiers wanting to remain in Adelaide's tightly-held southeast quarter have been the most prominent purchasers.

The DKO-designed, mixed-use development is one of the few new apartment projects in the precinct, an area where new housing supply has remained limited despite continued demand from buyers wanting to stay close to the CBD, Victoria Park and Adelaide's established east-end amenities.

[smartcode_project:default project_id=151233 project_image_fid=375378]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

"The level of early commitment reflects the confidence local buyers have in the Hutt Street precinct," Dendrinos said.

"Many purchasers are long-term east-end residents who love the area and want to stay connected to the neighbourhood. They recognise the value of a well-designed, well-located development.

"Our partnership with Otello has been central to this success, and the number of unconditional sales at this stage only strengthens our confidence in the South Australian market."

[smartcode_project:default project_id=151233 project_image_fid=375379]

Otello Director Daniel Harris said the sales result also highlighted the lack of new apartment opportunities within the Hutt Street precinct.

"One Four Four Hutt has clearly resonated with buyers, with strong early sales reflecting both the appeal of the Hutt Street corridor and the lifestyle on offer," Harris said.

"The activated ground-floor retail has also been a key drawcard, with purchasers responding to the vision of a more vibrant and connected streetscape, not just the residences themselves."

One Four Four Hutt will deliver 44 one, two and three-bedroom apartments, alongside a collection of penthouses, above a ground-floor retail offering designed to further activate the Hutt Street precinct.

Construction is scheduled to commence in the third quarter of this year, with completion anticipated in 2028.

[smartcode_project_cta:default project_id=151233]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

Fortis makes Adelaide debut with Otello as One Four Four Hutt records strong early sales

Residential Property

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Dear Margaret,
I wonder if you can help I don't really know we're to start, we live in South Australia and my mother wants to transfer her home over to me.
 I have been living and caring for my mother for 16 years after my father died. What would be the cost to transfer the house to me? What do I need to do?
Ellen 
Dear Ellen 
When someone thinks of property and tax, they normally think about the relationship that those two have for investors, and the impact of taxation rules on property investors. 
However there are many aspects of tax law which become applicable to owner occupiers or owners of property which are not rented out which are often overlooked. This can create a real tax nightmare at a later date.
It may seem that transferring a home into the name of a child is a simple matter, however it can have far reaching consequences which must be thought through before it occurs.
The first consideration is stamp duty. Where a family transfer occurs, the only transfer which is exempt from stamp duty is between spouses.  Generally, a transfer from a parent to a child will attract stamp duty, levied on the market value of the home, even if no money changes hands on the transaction.
The second consideration is tax.  While there is no tax to pay on this transfer, since it was your mother’s principal place of residence, in some cases of family transfer, where the property was an investment property for the parents, capital gains tax responsibilities can pass to the child along with the property.
In your case, being in South Australia, the transfer of the property will attract stamp duty pursuant the Stamp Duties Act 1923 (SA). As you are receiving the property, this must be paid by you. The stamp duty payable on the transfer will be charged ad valorem, which means that it will be charged based on the market value of the interest transferred. So the amount of the stamp duty payable will depend on the value of the property.
You can get a lawyer to draw up a document which allows this transfer – a contract for sale should not be necessary, and that lawyer can also arrange for the transfer.  So, in addition to paying the stamp duty, you will pay for the legal costs of both drawing up the agreement to transfer the land plus any government and statutory charges applicable in your state for the title transfer.
Have a property question?  <a href="mailto:%20&lt;script%20type='text/javascript'&gt;%20/n%20&lt;/script&gt;&lt;script%20type='text/javascript'&gt;%20%20&lt;/script&gt;This%20email%20address%20is%20being%20protected%20from%20spambots.%20You%20need%20JavaScript%20enabled%20to%20view%20it.%20&lt;script%20type='text/javascript'&gt;%20%20&lt;/script&gt;" target="_blank">Ask Margaret!</a>
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mlomas-KC9MUPZ6Ca

Transferring a property to a sibling: Ask Margaret

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Earlier this week I was sitting amid 30-degree heat in South-east Queensland, noting that some parts of Australia had 40 degrees and others had 20, while speaking by phone to a Tasmanian friend who had just lit a fire amid wintry conditions.
Imagine our reaction if a TV weather presenter took an average of weather conditions around the nation and announced that “the temperature in Australia today was 25 degrees”.
Clearly that would be ludicrous. But every day in media, economists and other commentators take that kind of position on residential real estate. They reduce this very large and diverse nation to a single market to be described by a single figure: “Australia house prices rose 8 percent in the past 12 months.”
From that one figure which so inaccurately describes Australian residential property, they will extrapolate myriad conclusions: there’s a national property boom, prices are too high, there’s a real estate bubble in Australia, the nation is vulnerable and young people are being left behind.
The big-name ratings agencies like Moody’s and Standard and Poor’s take it a big stride further. They will access narrow data from a single source, often based on a single month’s alleged price movements, and use that to justify a press statement warning about “Australian house prices” getting out of hand.
Moody’s recently dashed off a media release warning that “resurgent housing prices” in Australia were eroding affordability, because “housing prices had risen 2.7 percent across Australia” in September. But prices hadn’t increased across Australia – the average for the capital cities had risen that much, according to one source, whose figures were contradicted by several other sources – not forgetting the notoriously erratic nature of month-to-month changes which are ignored by credible researchers. 
The lack of expertise and sophistication evident in these statements is quite startling, given the lofty reputations of the big brand-name entities making them. It really is very flimsy analysis and shallow behaviour, based not on a desire to inform but on a need to generate publicity. 
I had a call earlier this week from an ACT-based journalist wanting to discuss the market in Canberra which, he said, was going crazy “like everywhere else in Australia”. We’re entitled to expect people paid to write about real estate to have better knowledge than that. Everywhere is not going crazy in real estate and certainly Canberra is not (annual house price growth averages around 4 percent, according to three major research entities).
But that’s a common assessment I hear from all kinds of people daily. Many Australians really do believe what they read and hear: that there’s a national property boom, that prices are through the roof everywhere and no one can afford to buy.
I fear for consumers making big financial decisions based on such skinny knowledge, while wading through a sea of misinformation.
The different scenarios being played out in the thousands of markets around the country include a small number of strongly rising ones, a far greater number of mediocre ones, some with prices going backwards and a few where the local market has crashed.
Economists clearly believe there’s a national boom because interest rates are at record lows and that, in their minds, means real estate should be rising everywhere. And therefore it is.
But it isn’t. And that reality would suggest to an inquiring mind that the level of interest rates perhaps is not the over-riding factor.
In my view, the most significant factors are the underlying local economic conditions and the level of spending on infrastructure.
It is not coincidence that the No.1 ranked economy is NSW and that the city with the biggest infrastructure spend, by a wide margin, is Sydney. That’s been the case for the past three years, a time during which most markets across metropolitan Sydney have had strong price growth.
The No.2 ranked economy is Victoria, helped by strong population growth, and the infrastructure spend is reasonable, though well below Sydney’s. Not coincidentally, Melbourne has been the second strongest city market on price growth, though at levels well below the genuine boom levels of 2001-02-03.
The economies impacting Brisbane, Adelaide, Canberra and Hobart have largely been mediocre and infrastructure spending has been relatively weak in recent years. That’s reflected in the absence of price growth to match Sydney’s.
It is, again, not coincidence that the recent rise of prospects for Hobart real estate has happened alongside an improving state economy and sharply rising spending on infrastructure in Tasmania. 
Adelaide, too, is showing signs of an improving market, supported by solid economic and real estate indicators and significantly rising spending on infrastructure.
Meanwhile, Western Australia now ranks in CommSec’s State of the States report as the worst economy in the land and Perth has the weakest of the city real estate markets. The Northern Territory is also faltering and Darwin’s property market is in a similar condition to Perth’s. Prices in both cities have been going backwards for three years and record low interest rates have not helped them.
Beyond the capital cities, there are multiple different scenarios in the many thousands of different markets.
Some, including regional centres close to Sydney, have had periods of solid price growth. Others, like both the Gold and Sunshine Coasts in Queensland, have had elevated activity without yet delivering major price escalation 
Most regional markets, however, have been walking rather than running – and several, notably those impacted by the resources sector, have experienced significant decline.
We’re a massive nation and the real estate conditions are as diverse as the range of temperatures you’ll see on a weather map on the evening television news.
Terry Ryder is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a>
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terryryder-YECXbqmri2

Most regional markets walking rather than running

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The Trump name is synomomous with high end apartments.
But some of the residents have had reservations of late.
Some residents in the Trump Place apartment complex, located on Manhattan's famous Upper West Side, have even petitioned to change the name of the property built by Donald Trump.
More than 360 people have signed the online petition urging landlord Equity Residential to "Dump the Trump Name."
With most of the residents facing the Hudson River, it houses more than 1300 residents and carries large gold letters spelling out the name of the property.
The signatories of the petition have asked to change the name to either 140, 160 or 180 Riverside Boulevard.
It's been argued by Linda Gottlieb, one of the residents of the building and the creator of the petition, that the Trump name doesn't represent those who live and work inside.
Their complaints since the start of Trumps presidential campaign have yielded some movement.
A member of the building's staff is said to have suggested that maintenance and concierge workers were being fitted for new uniforms that don't bear the Trump name.
One resident remarked that she signed the petition because “it’s embarrassing to tell people where you live”.
Other properties that Trump have designed includes the Trump Tower, Trump Wollman Rink and the Trump Golf Links.
Trump Tower, New York City on Manhattan's Fifth Avenue, home to Donald Trump's main offices, and has also acted as the headquarters for his presidential campaign.
Completed in 1983, the tower was designed by American architect Der Scutt. It is distinguished by a stepped corner planted with trees, which manifests as a zig-zagging facade above.
Bloomberg recently compiled an extensive list of the building’s past and present occupant.
From floors 66 to 68 the Republican presidential nominee occupies the top floors of his namesake tower, hidden behind a grand entryway gilded in gold and diamonds.
The palatial penthouse, Bloomberg reports, takes a tip from Saudi arms dealer Adnan Khashoggi: “One reason Trump’s triplex is so vast, he has written, is a trip he took to...Khashoggi’s condo nearby, where he stepped into a living room bigger than his own.” Trump, who has the best temperament, wanted to level up with a Saudi arms dealer. 
On 62 and 63 is the real estate investor Guido Lombardi is a self-proclaimed Italian count and Trump supporter.
Art dealer Hillel Nahmad, of the Nahmad collecting dynasty, has been buying up apartments on the 51st floor of Trump Tower since at least 1999, when he paid $2.5 million for Unit 51J. Years, and millions, later, Nahmad amassed the entire floor for a total $18.4 million. Nahmad was sent to prison for five months in 2014 for running a high-stakes gambling ring.
For a list of the colorful characters who formerly purchased in the building, including Andrew Lloyd Weber and Haitian dictator “Baby Doc” Duvalier, read it at<a href="https://www.bloomberg.com/features/2016-trump-tower/" target="_blank"> Bloomberg</a>.
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j.ballantyne1990-6AQqhLzZaK

Residents of Trump Place petition to have property name changed

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Tighter lending to investors is tipped to soften the Australian residential property market during the next three years, improving affordability and creating opportunities for owner occupiers, according to QBE’s Housing Outlook 2016-19.
The QBE commissioned BIS Shrapnel report, now in its 15th year, is an annual overview of the Australian housing market and forecast movements.
Brisbane is forecast to experience the highest house price growth of the three largest capital cities to June 2019, while Brisbane unit prices are expected to fall by a cumulative 8.2 percent in the same period.
Sydney house prices are tipped to remain flat in the period to June 2019, while unit prices are forecast to fall 6.8 percent cumulatively during the next three years.
Melbourne house and unit prices are forecast to decline, with units expected to decline by a total of 9 percent to June 2019, according to the report.
Nationally, slowing rental and price growth is likely to contain investor appetite for residential property, and recent tightening in bank lending policy towards overseas investors will also slow overall investor demand, the QBE Housing Outlook finds.
QBE Lenders’ mortgage insurance chief executive officer Phil White said it was a fascinating time to be looking at the Australian residential property and mortgage market. 
“Prices are forecast to soften through the three years to 2019, which is likely to be positive for housing affordability.”
Fewer investors are now entering the market due to banks tightening lending criteria. In 2015/16 investors accounted for 44 percent of all residential loans, compared to 51 percent in 2014/15, according to the report.
“It’s expected owner occupiers, including first home buyers, will be stepping in to pick up some of this opportunity in the market.”
Phil White said meeting the long-term demand for housing with the limited availability of land in most of our capital cities, will remain a significant challenge for State and Territory governments and underpin long-term property prices.
Sydney
Sydney's median house price reached $1.048m at June 2016 and is forecast to rise by 1.7 percent to $1.065m by mid-2017 before decreasing to $1.055m by June 2018 and $1.050m by June 2019, resulting in median house price growth being effectively flat by the end of the forecast period.
Price growth in the Sydney unit market has been below that of the house market. Sydney’s median unit price rose by an estimated 41 percent in the four years to June 2016. However, price growth has already started to flatten with the median unit price growing by just 3 percent in 2015/16.
Sydney’s median unit price growth is forecast to fall 1.8 percent in 2016/17 and cumulatively by 6.8 percent during the three years to June 2019 to a median unit price of $680,000.
Melbourne
The underlying demand and continued growth of the Melbourne house market has been underpinned by a strong population increase, with Victoria recording a net boost of 11,000 people in the year to June 2016. This population growth has continued to maintain a deficiency of dwellings in the Melbourne market despite continued growth in new dwelling supply.
Melbourne will see dwelling completions peak in 2016/17. Short term population growth is expected to ease and a 0.6 percent price decline in the median house price is forecast for the period ending 2018/19.
Record levels of unit completions and a strong project pipeline are expected to affect Melbourne’s median unit price, which is forecast to decline by a total of 9 percent to June 2019.
Brisbane
Moderate house price growth in Brisbane during the past four years is in line with Queensland’s challenging economic conditions. Without strong employment drivers, Queensland is not expected to be able to capitalise on Brisbane’s affordability advantage over Sydney and Melbourne.
Nevertheless, an overall dwelling deficiency should help to support Brisbane’s median house price that is forecast to rise by 6.5 percent to June 2019, the highest price growth during this period of the three largest capitals.
Perth
After peaking in December 2014, Perth’s median house price declined by 5.6 percent in the eighteen months to June 2016. Mining investment is now greatly reduced and economic conditions have weakened. Perth’s median house price is forecast to decline by 3 percent to June 2018 while the forecast median house price at June 2019 is expected to be 10% below its 2014 peak.
Overall, the Perth market is expected to weaken across both housing and unit markets. The median unit price was down by 6.5 percent to June 2016 with further declines totalling 6 percent forecast in 2016/17 and 2017/18 before prices decrease further to June 2019.
Adelaide
The median house price in Adelaide is forecast for limited growth of around 0.9 percent in 2017/18 and an overall decline of 1.3 percent is forecast by June 2019. Adelaide’s unit and apartment market is expected to remain relatively flat during the next three years declining a total of 0.6 percent to June 2019, moving in line with the forecast for house prices.
Hobart
Hobart’s median house price is forecast to rise around 4% per annum or at a cumulative rate of 12.5 percent by June 2019. With investor activity declining, the softness in the unit market is expected to continue to dampen demand, limiting median unit price growth to between 1 percent and 2 percent per annum through to 2018/19.
Darwin
Darwin’s median house price is forecast to decline by 6.3 percent by June 2019. Median unit prices are expected to decline by 4 percent in 2016/17 followed by further declines of 4 percent and 2 percent in subsequent years to take the median unit price 10% lower by June 2019.
Canberra
Canberra’s median house price is forecast to rise by 3.5 percent in 2016/17 with a further growth of 2.4 percent and 2.3 percent in the two years to June 2019. In contrast, the median unit price fell 2.6 percent in 2016 and a further downside of 4 percent is forecast in 2016/17 and 2018/19 by which time the dwelling supply is expected to peak and be absorbed by June 2019.
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Brisbane houses top QBE price growth forecast, but units tipped to fall: QBE Housing Outlook 2016-19

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Film producer and director Julian Smith has listed his Darling Point sub-penthouse.
He's returning to Melbourne to write, direct and produce a television show described as the automative equivalent to Grand Designs.
<a href="https://www.realestate.com.au/property-unit-nsw-darling+point-123660570" target="_blank">The three bedroom, two bathroom apartment</a> offers Harbour views from the lounge, kitchen, dining and balcony spaces.
It's in a block of just 10 units, best known as the long-time residence of the late former PM Gough Whitlam and wife Margaret.
Smith has owned there since 2007 when he paid $1,135,000 and renovated in 2009.
Laing &amp; Simmons Woollahra agent John Knott has an October 18 auction date for the property.
After selling his ad agency, Julian produced and directed several Australian and US TV shows and films. 
The automotive series, to be titled Brian Tanti’s Workshop will be focusing on Brian’s world-class restoration skills in respect of classic cars, shooting out of Brian’s workshop in Melbourne’s Docklands.
This article was first published in the Sunday Telegraph.
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Director Julian Smith lists Darling Point sub-penthouse

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Half of the properties featured on the Top Ten Nationwide Discounted Properties from SQM Research for this week are in Perth and the price of a Victorian Greyhound kennel has been reduced 33 percent since listing.
Louis Christopher, SQM research managing director said house and unit prices have been falling for some time in Perth, as have rents.
"Elsewhere, there are bargains," he said.
"The fully functioning Greyhound kennel in the small Victorian township of Tooradin is still on the market despite a 33 percent reduction in price, with no buyers emerging from NSW where greyhound owners are still coming to terms with the racing ban there.
"Properties in Western Australia still account for five out of the 10 on the list, as the mining downturn slowly erodes what remaining wealth there is there in property in that state.
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Perth property price decline continues: SQM Research

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Top two sales over the past week, for states and territories for the week ending 25 September, according to CoreLogic.
Australian Capital Territory 
10 Cockle Street, O’Conner, ACT 6 bed, 4 bath, 3 car house $1,950,000 Independent Property Group Gungahlin 
37 Coolibah Crescent, O’Conner, ACT 5 bed, 2 bath, 2 car house $1,425,000 LJ Hooker Dickson 
New South Wales 
30 Bronte Marine Drive, Bronte, NSW 4 bed, 2 bath, 3 car house $7,350,000 Phillips Pantzer Donnelley Woollahra 
26 Gold Street, Blakehurst, NSW 5 bed, 4 bath, 4 car house $4,100,000 Belle Property South Hurstville
Northern Territory 
61 Gsell Street, Wanguri, NT 4 bed, 2 bath, 2 car house $615,000 Ray White Darwin 
4 Finlayson Street, Gillen, NT 3 bed, 2 bath, 3 car house $492,500 Elders Real Estate Alice Springs 
Queensland 
121 Towers Street, Ascot, Qld 4 bed, 3 bath, 2 car house $2,300,000 Ngu Real Estate East Brisbane 
586 Lower Bowen Terrace, New Farm, Qld 4 bed, 3 bath, 2 car house $2,100,000 Ray White New Farm 
South Australia 
29 Glenburnie Avenue, Torrens Park, SA 5 bed, 3 bath, 4 car house $1,586,000 Harcourts Platinum 
48 Howard Street, Beulah Park, SA 5 bed, 3 bath, 3 car house $1,368,000 Ouwens Casserly Adelaide 
Tasmania 
58 Lyttleton Street, East Launceston, Tas 4 bed, 2 bath, 2 car house $745,000 Sims for Property Launceston 
49 Bayside Drive, Lauderdale, Tas 4 bed, 2 bath, 2 car house $740,000 Knight Frank Hobart 
Victoria 
107 Mont Albert Road, Canterbury, Vic 4 bed, 1 bath, 2 car house $6,290,000 Jellis Craig Boroondara Group 
15 Howitt Street, Glen Iris, Vic 4 bed, 3 bath, 2 car house $3,010,000 Kay Burton Hawthorn 
Western Australia 
36 Balikpapan Avenue, Dianella, WA 5 bed, 2 bath, 2 car house $1,200,000 Excellence Property Specialists 
5/26 Renwick Street, South Perth, WA 3 bed, 2 bath, 2 car unit $900,000 Porter Matthews Metro Belmont 
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Top two sales over the past week across Australia: CoreLogic

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One new property has been added to the Top Ten Nationwide Discounted Properties list by SQM Research, this one in Western Australia.
SQM Research managing director Louis Christopher said the commodities downturn means several of the properties are in WA, as the mining downturn depresses demand for property there.
"House and unit prices have been falling for some time in Perth," he said.
"Despite the buoyancy in east coast property markets, Victorian properties also appear on the list, including one in the Docklands and another in the small Victorian township of Tooradin which has a fully functioning Greyhound kennel - brave buyers from NSW may be interested in this one. "
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New Perth property on SQM's discounted list

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Gowrie House, Glenroy, once owned by a Phar Lap jockey, has been listed for sale.
The heritage-listed 1855 bluestone home was owned by one of the six jockeys who ever rode Phar Lap, Bobbie Lewis. He rode Phar Lap to third place in the 1929 Melbourne Cup.
He won four Melbourne Cups, eight Victoria Derbies, seven Crown Oaks and eight SAJC St Legers in a career spanning more than 40 years.
Inducted into the Victoria Racing Club’s Hall of Fame in 2002, the Bobbie Lewis Quality Handicap is run at Flemington every year in September.
His former home at 63 Gowrie Street, is listed at $2.1 million.
The two-level slate roofed Georgian-style property is on 1500 sqm is offered through Boran Real Estate Sunshine agent Sabine Gazic.
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Bluestone with racing history at Glenroy

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The NSW Central Coast house market is peaking along with Melbourne and Newcastle, according to the August property clock from Herron Todd White.
HTW's monthly report found Newcastle and Lake Macquarie suburbs sustained periods of growth for residential property over the last two years, despite new release subdivision in Fern Bay, Cameron Park and Fletcher.
Houses in Melbourne, the NSW Central Coast, Dubbo and QLD's Gold Coast were at market peak in July, according to Herron Todd White.
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"There are also smaller estates dotted throughout Newcastle and in particular Lake Macquarie, with Catherine Hill Bay and Trinity Point at Morisset adding to the available stock," HTW said.
"This can be put down to a number of factors including incentives for rst home buyers to build, interstate migrants coming from the more expensive Sydney market and speculative out of town investors looking to add to their rental portfolios. 
"Demand for residential properties within close proximity to the beach is one of the major drivers in the Melbourne market.
"This can be seen by the high prices at which properties are sold in suburbs along the south eastern coastline such as Brighton, Elwood and Hampton. Brighton’s median house price is $2.715 million, Elwood’s is $1.9 million, while Hampton’s is $1.765 million. 
"NSW's Central Coast has seen a sustained period of growth and demand for real estate, which has nothing to do with the recent amalgamation of the former Gosford City and Wyong Shire Councils into one big Local Government Area – the ingeniously named Central Coast Council, but everything to do with price and proximity.
"When broken down a little further, the diversity of property seen on the coast covers all wants, tastes and needs at pricing levels which are more than favourable to those seen in the Sydney metropolitan area and it’s just a short drive up the M1 Motorway to Sydney.
"First home buyers make up a big part of the economic base on the coast."
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