The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Residential Sales

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A historic family mansion at Fulham has been sold for $2.5 million.
The property was offered for sale for the first time since it was built 135 years ago. 
The mid-Victorian sandstone villa at <a href="https://www.realestate.com.au/property-house-sa-fulham-116598235" target="_blank">12-14 Weetunga Street, Adelaide</a> and an adjoining dwelling, were sold through Ray White Henley Beach.
<img src="/images/2015/09/01/1508132012-1420Weetunga20St20Living20Room.jpg" alt="" width="864" height="576">
The buyer plans to extend the 5113sqm home and open it to the public for functions and tours.
“The sellers are delighted that this historic, state heritage home, which was built by Samuel White, will continue to be treasured”, said Ray White's Patrick O’Flaherty.
Over three generations of the White family have lived in the home, which took three years to build.
The property included a six bedroom villa with three bathrooms, and a detached museum with attached storage and greenhouse. 
There is also the three-bedroom mid-1980s built home on the site adjoining the original villa.
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jchancellor-FAypfDUnLy

Historic Fulham mansion sells for $2.5 million

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A Victorian Norwood home built in 1858 has been listed with $1.4 million hopes.
The <a href="https://www.realestate.com.au/property-house-sa-norwood-119911257" target="_blank" style="line-height: 1.3em;">105 William Street</a> two-storey converted hotel is constructed of Bluestone and has a total land size of 690 square metres.
The property is currently being used as an eight-bedroom residence, with four living areas, study and dining. There are also three kitchens and three bathrooms.
The hotel was converted into a residence in 1909 and consists of 18 rooms, with a total living area of 360 square metres.
The home re-embraces its South Australian colonial heritage with fireplaces with cedar surrounds, polished floorboards, colonial windows and a interior Baltic and cedar spiral staircase.
The home is listed through Robert Maiolo from MyHouse Real Estate Manningham.
 
 
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1858 Norwood converted hotel listed

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Having sold on the Rose Bay harbourfront, the songwriting guitarist Harry Vanda and his wife Robyn have turned up in Double Bay for the village lifestyle.
Paying $7.05 million for historic Teralla, a grand Victorian home whose past owners have included merchant banker Mark McIvor and Professor Ron Penny. 
The Vanda's had been on the Rose Bay property since paying $667,500 in 1983, then commissioning the five-bedroom home design.
Alison Coopes had the listing which sold to Breakfast Point developer Stuart Rose for around $15 million.
His co-written Easybeats song, Friday on My Mind was voted the best Australian song of all time at the 2001 Australasian Performing Rights Association awards.
This article was first published in The Daily Telegraph.
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Harry Vanda buys in Double Bay

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APRA released its latest property exposures figures for the June 2015 quarter today, which confirmed an ongoing surge in new housing loans. 
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<div>As at June 2015 the total of residential term loans to households held by all institutions (ADIs) was $1.33 trillion. </div>
<div> </div>
<div>In total this represented an increase of +$31.8 billion (+2.4%) from the prior quarter, and a solid increase of +$97.1 billion (+7.9%) over the year to June.</div>
<div> </div>
<div>There were a total of 5.4 million loans outstanding, with an average balance of $243,000.</div>
<div> </div>
<div>Investment loans surging higher</div>
<div> </div>
<div>Investment loans totalled $518.3 billion, an increase of +$17.7 billion (+3.5%) from the March quarter and massive +$81.1 billion (+18.6%) from one year ago.</div>
<div> </div>
<div>That's huge, and well ahead of the rate that the regulator would or should be comfortable with.</div>
<div> </div>
<div>Interestingly while loans held by the major banks increased by +7.5% over the past year to $1,076 billion, loans held by other domestic banks increased by a much faster +18.8% pace to $155 billion.</div>
<div> </div>
<div>The major banks still accounted for close to 80 per cent of the domestic new housing loan market, however, with the remainder of the market comprising other banks, credit unions and particularly building societies.</div>
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It should be noted that there have been a few issues relating to the reclassification of loans between owner-occupied and investment loans, with material revisions (&gt;10%) pushed through for the September 2014 to March 2015 quarters relating to ANZ and National Australia Bank. You can see the jump in the chart below.  This has had the impact of accentuating the rate of increase in investment loans while dampening the growth in owner-occupier loans. 
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<div> </div>
<div>In any case the trend in total loans outstanding since March 2008 has been more than clear, with total residential term loan exposures captured by this data more than doubling over that time.</div>
<div> </div>
<div>This is at least partly because the investor segment of the market often opts to amass new debt rather than paying loan balances down, particularly because Australia has prevailing tax legislation which encourages this behaviour.</div>
<div> </div>
<div><a href="/images/2015/08/26/APRA1.jpg" target="_blank">Click to enlarge</a></div>
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<div><img src="/images/2015/08/26/APRA1.jpg" alt=""></div>
<div> </div>
<div> </div>
<div>
<div>The data revealed that the overwhelming majority of new housing loans in the quarter at 89.3 per cent of new loans were of a loan to value ratio (LVR) of 90 per cent or lower. </div>
 <div>As denoted by the pink area in the chart below there has been a surge in the number of borrowers using 20 to 40% deposits, now accounting for more than half of new housing loans in the last quarter. This may imply that "cashed up" property owners with deep pools of equity are buying investment property at the expense of first time buyers who must save their deposits. </div>
<div> </div>
<div>More than one fifth of new loans in the quarter had a very low loan to value ratio of just 60% or lower.</div>
<div> </div>
<div><a href="/images/2015/08/26/APRA2.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div><img src="/images/2015/08/26/APRA2.jpg" alt=""></div>
<div> </div>
<div>
<div>Higher risk "low doc" loans continued to represent only a tiny fraction of the Australian mortgage market in the June quarter at 0.4 per cent.</div>
<div> </div>
<div>Market risks</div>
<div> </div>
<div>With very few low doc loans written and the overwhelming majority of loans being written with deposits ranging from 10 to 40 per cent, where lies the risk?</div>
<div> </div>
<div>After all, it is hardly as though the market is highly leveraged in aggregate with around ~$1.4 trillion of debt sitting against a stonking $6 trillion residential housing market.</div>
<div> </div>
<div>For my money, in terms of the residential mortgage market the answer is that the risk lies in the very high percentage and concentration of interest only loans, whereby typically no repayments are made against the principal in the first five years. </div>
<div> </div>
<div>It is true that loans with offset facilities are continuing to flourish, but nevertheless a whopping 45.8% of new housing loans written in the June 2015 quarter were of the interest only variety.</div>
<div> </div>
<div>Although only 4% of new housing loans in the June quarter were written outside serviceability, it would not be a surprise to see APRA looking more closely at the elevated percentage of interest only loans with renewed interest.</div>
<div> </div>
<div>
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank" rel="nofollow">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank" rel="nofollow">blogger</a>. 
His latest book is <a href="https://www.bigskypublishing.com.au/Books/General-Interest/Four-Green-Houses--and-a-Red-Hotel/1015/productview.aspx" target="_blank" rel="nofollow">Four Green Houses and a Red Hotel</a>.
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</div>
<div> </div>
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Investment loans power on: Pete Wargent

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The family home at 5 Greenhills Street in Greenhills Beach is back on the market. It last sold in July 2014 for $1,765,000, the building block having cost $789,600 in 2012.
Set for auction, the luxury home is positioned within walking distance to the beach.
Greenhills is one of the latest residential suburbs in the Sutherland Shire after the land release campaign for the area was unveiled back in 2011.
Greenhills is promoted as an area that enjoys Cronulla's layback living with picturesque views and the perfect balance of outdoor and indoor living.
<a href="https://www.realestate.com.au/property-house-nsw-greenhills+beach-120518405" target="_blank"><img src="https://i2.au.reastatic.net/800x600/b2083eabbf2bdff189cdfc625923f46736c51900858b6a5b2a9c24e81f694378/image7.jpg" width="393" height="295"></a>
The property is being promoted by Greg Gilbert Real Estate Cronulla.
Elsewhere at Greenhills Beach, at 7 Gable Street, there have been offers above $2.5 million after just three weeks on the market.
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j.ballantyne1990-6AQqhLzZaK

Greenhills Beach family home hits the market again

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A narrow Bathurst Street, Hobart terrace has been sold after being listed at $520,000.
The two storey, two bedroom terrace sits on an 89 sq m block.
It comes with convict-laid bricks.
<a href="https://www.realestate.com.au/property-house-tas-hobart-120348601" target="_blank">The 1840s home </a>has fireplaces.
The Charlotte Peterswald agency had the offering after its Genevieve Lilley makeover.
"Responsible for the inspiration and design of the renovation to this Georgian residence is a prominent Sydney architect who has successfully combined the inherent character and charm of the era with modern amenities, creating this very desirable and exceptionally attractive residence," agent Debbie Heron said.
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1840s Hobart terrace offering sells after Sydney architect makeover

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An Austinmer property has sold for $3.5 million, setting a record price for the upmarket NSW Illawarra beachside suburb.
The home at <a href="https://www.realestate.com.au/property-house-nsw-austinmer-120356625" target="_blank">70 Lawrence Hargrave Drive</a> sold to an Illawarra buyer.
McGrath Estate Agents Thirroul agent Trever Molenaar secured the sale for the Thorn family who appreciated the buyer expressed a desire to keep the character of the historic house on its 3878-square-metre site.
The property sold within one week of it going on the market.
It overlooks Little Austi Beach and has panoramic views of the Glastonbury Garden and the ocean. 
The block was originally much larger, but the family gave some of their land to Wollongong City Council for what is now the Glastonbury Garden.
The Thorn family owned the brickworks at Woonona before selling the site to the Village Building Company which then developed the 40-hectare residential Edgewood Estate.
The previous highest sale of an Austinmer residential dwelling was $3.295 million in 2005.
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Austinmer $3.5 million record price keeping it local

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Frasers Property are collaborating with the City of Ryde to provide a complimentary shuttle bus service exclusively for the residents of Putney Hill.
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<div><img src="https://www.theurbandeveloper.com/wp-content/uploads/Canopy_Exterior-2.png" width="620" height="380"></div>
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The Putney Hill Residents Shuttle Bus Service, which commenced on the 17th of August, runs between Lardelli Park and Kissing Point Wharf from Monday to Friday between 6.30 - 8.30am and 4.30 – 6.30pm each day. 
Each morning the bus will run at 15-minute intervals, arriving at Kissing Point Wharf to connect with ferries bound for Circular Quay.
In the evenings, the bus will meet each ferry offering their service for travellers coming from the CBD.
Frasers Property has invested over $100,000 to fund the free bus service.
It is designed to offer the current 550 residents at Putney Hill an alternative commute both to and from the city each day, as well as reduce road traffic and ease congestion locally during peak hours. 
City of Ryde acting group manager, Environment and Planning, Sam Cappelli says this private business arrangement with Frasers Property is fundamental to building on the Council’s strategy to address some of the traffic issues in the area. 
“The City of Ryde has a mandate to improve traffic flow in the area by encouraging residents to use public transport to commute into the city. The use of one of the Council’s community buses under this arrangement will make it simple for Putney Hill residents to catch the ferry to and from Sydney CBD each day, reducing the amount of traffic on the roads, which causes congestion and pollution,” he said.
Frasers Property Development Director Warwick Dowler said this service underlined Frasers Property’s commitment to investing in the long term well being and sustainability of the Putney Hill community. 
The timetable can be found below:
 
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</div>
<div>AM Pick Up Times</div>
<div> </div>
<div>
<table class="ecxMsoNormalTable" style="height: 165px; width: 769px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="177">
Bus Pick Up at Putney Hill
</td>
<td valign="top" width="39">
   6:30
</td>
<td valign="top" width="40">
   6:45
</td>
<td valign="top" width="40">
   7:00
 
</td>
<td valign="top" width="39">
   7:15
</td>
<td valign="top" width="40">
   7:30
</td>
<td valign="top" width="40">
   7:45
</td>
<td valign="top" width="40">
   8:00
</td>
</tr>
<tr>
<td valign="top" width="177">
Bus Arrival at Kissing Point Wharf
</td>
<td valign="top" width="39">
   6:38
</td>
<td valign="top" width="40">
   6:53
 
</td>
<td valign="top" width="40">
   7:08
</td>
<td valign="top" width="39">
   7:23
</td>
<td valign="top" width="40">
   7:38
</td>
<td valign="top" width="40">
   7:53
 
</td>
<td valign="top" width="40">
   8:10
</td>
</tr>
<tr>
<td valign="top" width="177">
Ferry Times – Kissing Point Wharf to Circular Quay/Darling Harbour
</td>
<td valign="top" width="39">
   6:43
</td>
<td valign="top" width="40">
   7:08
</td>
<td valign="top" width="40">
   7:13
</td>
<td valign="top" width="39">
   7:38
</td>
<td valign="top" width="40">
   7:43
</td>
<td valign="top" width="40">
   8:08
</td>
<td valign="top" width="40">
   8:13
</td>
</tr>
</tbody></table>
</div>
<div> </div>
<div>PM Pick Up Times</div>
<div> </div>
<div>
<table class="ecxMsoNormalTable" style="height: 141px; width: 768px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="177">
Ferry Times – Kissing Point Wharf from Circular Quay/Darling Harbour
</td>
<td valign="top" width="46">
    4:22  
</td>
<td valign="top" width="46">
     4:52
</td>
<td valign="top" width="46">
     5:22 
</td>
<td valign="top" width="46">
     5:28
     5:38
</td>
<td valign="top" width="46">
     5:58
</td>
<td valign="top" width="46">
     6:08
     6:23
</td>
</tr>
<tr>
<td valign="top" width="177">
Bus Pick Up at Kissing Point Wharf
</td>
<td valign="top" width="46">
    4:30
</td>
<td valign="top" width="46">
     4:55
</td>
<td valign="top" width="46">
     5:25   
</td>
<td valign="top" width="46">
     5:45
 
</td>
<td valign="top" width="46">
     6:05
</td>
<td valign="top" width="46">
     6:30
</td>
</tr>
<tr>
<td valign="top" width="177">
Bus Drop off at Putney Hill
</td>
<td valign="top" width="46">
    4:40
</td>
<td valign="top" width="46">
     5:05
</td>
<td valign="top" width="46">
     5:35
</td>
<td valign="top" width="46">
     5:55
</td>
<td valign="top" width="46">
     6:15
</td>
<td valign="top" width="46">
     6:40
</td>
</tr>
</tbody></table>
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Frasers Property punts on Putney Hill shuttle bus service

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Prior to this week, the year to date clearance rate across the combined capital cities was 76.9%, indicating that this week’s preliminary clearance rate of 77.7% is performing above this level. 
This week, there were 1,998 auctions held across Australia’s capital cities, with 1,307 results reported so far. Over the previous week, 1,827 residential auctions were held with a clearance rate of 75.4%. In comparison, at the same time last year 67.9% of the 1,705 auctions were sold, indicating the current auction conditions remain stronger than they were one year ago.
<a href="/images/2015/07/29/20150727-Capital-City.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/29/20150727-Capital-City.jpg" alt="" width="789" height="594">
 
The preliminary clearance rate across Melbourne was recorded at 76.5% this week across 638 auction results. There were 845 auctions held across the city this week, up from 759 last week when the final auction clearance rate was recorded at 76.0% and similarly, higher than at the same time last year when there were 736 Melbourne auctions with 68.5% of homes selling. This week, there were 3 sub regions which recorded a clearance rate above 80%; Outer East at 89.0%, North West at 82.5% and North East at 82.2%. The region with the highest volume of auctions this week was the Inner region (141).
<a href="/images/2015/07/29/20150727-Melbourne.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/29/20150727-Melbourne.jpg" alt="" style="line-height: 1.3em;"><a href="/images/2015/07/29/20150727-Melbourne.jpg" target="_blank"></a>
For Sydney, the clearance rate across the city this week increased, up to 82.7% from 79.7% last week and 75.4% at the same time last year. Across the city, 841 homes were taken to auction this week, more than last week (794) and significantly higher than one year ago, when 660 Sydney auctions were held. Since mid-August, Sydney’s auction clearance rate has been trending downwards, after the city has seen a record strong performance over the first six months of the year. Despite this, the clearance rate still remains stronger than any other capital city and there are still sub-regions across the city where the clearance rate remains above the 90 per cent mark including Ryde, Eastern Suburbs, Inner West and City and Inner South.
<a href="/images/2015/07/29/20150727-Sydney.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/29/20150727-Sydney.jpg" alt="" width="988" height="671">
 
 
 
This week, Brisbane’s preliminary auction clearance rate was 66.0%, compared to 60.2% the previous week and just 44.7% last year. So far, 17 Gold Coast auction results have been reported and the clearance rate for the region is 64.7%.
 
<a href="/images/2015/07/29/20150727-Brisbane.jpg" target="_blank">Click to enlarge</a>
 <img src="/images/2015/07/29/20150727-Brisbane.jpg" alt="">
 
There were 80 Adelaide auctions this week, with a clearance rate of 60.6% across the 33 results reported so far. Last week, Adelaide’s final auction clearance rate was 64.3%, while one year ago the city saw 60.3% of homes taken to auction sell.
<a href="/images/2015/07/29/20150727-Adelaide.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/07/29/20150727-Adelaide.jpg" alt="" width="948" height="640">
Across Perth, 10 auctions have been reported so far with a clearance rate of 80.0%, compared to just 18.8% last week and 50.0% at the same time last year. Perth’s clearance rate is often subjected to highs and lows given the low volume of auctions across the city.
Canberra’s preliminary clearance rate was 80.0% this week across 25 results. Last week, 82.1% of Canberra auctions were successful, the second strongest result for the city so far this year.
So far this week, 4 Tasmanian auctions have been reported and of these reported results there has been 1 sale.
 
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Brisbane auctions highest preliminary clearance since 2009: CoreLogic RP Data's Shana Miller

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Lowanbrae in Burradoo has sold at an undisclosed price through Drew Lindsay Real Estate, in a sale that highlights unseasonal NSW Southern Highlands activity. 
The 1920s walled garden estate was initially listed by International Publishing Group's chief Philip Greader in 2012 for $5 million.
The most recent price guidance <a href="https://www.drewlindsay.com.au/?property=lowenbrae" target="_blank">was $4.5 million-plus</a>.
It last traded in 2005 for $5.65 million when sold by the Tyree family who bought the two-hectare estate since in 1978 paying $122,400 to solicitor John Read.
The Burradoo Road property, with a gated entrance garlanded annually in wisteria, has a six-bedroom house set in English-style gardens with a tennis court.
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 <img src="https://images-2.domain.com.au/2015/07/23/6708093/Article%20Lead%20-%20wide998505213gih9tdimage.related.articleLeadwide.729x410.gihfjx.png1437715191280.jpg-620x349.jpg" alt='"Lowenbrae" in Burradoo has sold after a while on the market.
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