ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Riverfront

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Moyne River Cottage at Point Fairy has been listed for sale for the first time for two decades.
The<a href="https://www.realestate.com.au/property-house-vic-port+fairy-127249614" target="_blank"> Gipps Street home</a> with traditional charm is set among other historical homes in the sought after river precinct.
Built in the early 1850s, the property has been restored behind the classic weatherboard facade. 
It has three bedrooms and two bathrooms.
A terraced garden leads down a large waterside landing.
It has $1.55 million to $1.65 million price guidance through Robertson Port Fairy agents Paul Ross and Di MacKirdy.
Moyne River Cottage last traded for $245,000 in 1998.
The comparable street sales sheet cite a home nearby which sold for $1.6 million at the start of 2017.
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j.ballantyne1990-6AQqhLzZaK

Port Fairy's 1850s Moyne River Cottage listed for sale

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Peter Higgins, the entrepreneurial mortgage broker and his wife Rebecca, have sold a small part of their Richmond Lowlands polo estate.
The sale was finalised just before the World Polo Championships, which kicked off on the weekend  at spectacular riverfront location.
There's speculation the UK Royals could turn up as Higgins, has remained in touch since he played polo with the princes in the UK.
Teams from Argentina, United Kingdom, New Zealand, India, Chile and Spain, and Australia will be competing.
The recently sold home, dubbed <a href="https://www.realestate.com.au/property/7-ridges-lane-richmond-lowlands-nsw-2753" target="_blank">Hawkesbury House</a>, has been bought by champion polo player Hugh Parry-Okeden and his wife, Gendy, who are returning to the riverfront lane after about a decade's absence. 
They paid $4.3 million for the 12.3 hectare estate.
Given the timber master craftsman Parry-Okeden established the hardwood building company, Giddiup and his wife, Gendy was co-founder of Hickory Hill Home, the sleepwear and lifestyle brand,gthey no doubt they will makeover the five bedroom homestead.
It looks over the park-like surroundings and grazing paddocks which come with an Argentinian inspired stable block of eight. 
Higgins, who started playing polo in the early 1990s, starred 12 years ago on the entrepreneurial television investment show Dragons Den.
Higgins, a co-founder of Mortgage Choice, began to buy in the Windsor district in 2002, consolidating arounds 50 hectares of alluvial land overlooking the Hawkesbury River during the following six years.
In 2010 he was seeking $20 million for much of the estate when it was offered by veteran agent Bill Bridges in conjunction with Ryan Watsford.
He subsequently endeavoured to hold weddings on the expansive holding but in 2015 Hawkesbury City Council were taken to court by the nearby Marshall Rural Pty Ltd, aka as Kurri Burri Polo Club. 
The country estate with polo fields at the base of the Blue Mountains were featured in the opening scenes of Australian made blockbuster, The Great Gatsby.
No doubt holding of the world championship on the estate would enhance its cache among Chinese trophy estate acquirers. 
Cutcliffe Properties agent Paul Cutliffe sold Hawkesbury House which spent nearly 300 days on the market.
The Parry-Okedens had recently sold their heritage-listed home Ukamurra at Cattai on the Hawkesbury River.
The sandstone home, which was bought for $1.5 million run down in 2008, fetched $7.3 million last year when sold to a company headed up by a syndicate of Chinese buyers.
This article first appeared in The Daily Telegraph.
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jchancellor-FAypfDUnLy

Polo offering in Richmond Lowlands sold by Peter Higgins

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Spencer and Brooke Lambert, owners of commercial kitchen design and fit-out company Lamberts, have listed their Brisbane riverfront property.
It is a contemporary family home with pool, jet-ski landing and deep water pontoon at Yeronga.
More than $2.5 million is expected for the <a href="https://www.realestate.com.au/property/39-instow-st-yeronga-qld-4104" target="_blank">39 Instow Street, Yeronga</a> house that showcases a mix of polished and raw timber, polished concrete, stone and glass to take advantage of the views over the Brisbane River and Indooroopilly Golf Course. 
Sarah Hackett of Place Estate Agents Bulimia has the listing.
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Brisbane riverfront trophy listed

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A Toorak riverfront home has been sold just two and a half weeks after hitting the market, for a figure close to its asking price.
Marshall White Armadale selling agent Justin Long secured the sale of <a href="https://www.realestate.com.au/sold/property-house-vic-toorak-124683646" target="_blank">106 St Georges Road</a> at an undisclosed, but it’s understood to be in the vicinity of $9.5 million. 
A family bought the five- to six-bedroom house, which boasts its own private jetty at the foot of the 1750 sqm block.
It is one of just 22 or 23 Toorak homes to border the Yarra River, according to Long.
The house was designed to offer river views from its two levels, with each room opening to north-facing balconies, overlooking lush gardens and a riverside pool.
CoreLogic records show the property’s last sale before this was in 2015 for $7.5 million.
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Riverfront Toorak trophy home sold

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Vailele, one of Sydney's most tightly held riverfront homes, has been listed for sale by the Salter family.
The historic sandstone home in Woolwich has only had five owners since its 1892 construction. It last traded for $3 million, when it was 1993's top price on the North Shore water's edge, and before that in 1979 when bought by abattoir owner Trevor Wadland for $375,000.
It is long remembered as the location of scenes from the Network Ten mini-series, Return to Eden, the 1983 television drama starring Rebecca Gilling, James Reyne and Wendy Hughes.
Steeped in history, the three storey home once hosted Scottish novelist Robert Louis Stevenson as its guest, who lived out some of his later days in the garden cottage while based at Samoa.
Stevenson even gifted two of the heritage palm trees that sit in the garden.
Ken Jacobs at Christie's International is seeking around $24 million to $26 million for the home which he says offers the most magnificent example of late 19th century sandstone architecture.
Under its slate roof there's original fireplaces, ornate ceiling roses and stained glass windows along with intricate turned timber posts on the marble tiled verandahs still intact after its two year restoration.
The home's named derives from the Samoan term for 'running water.'  An original sandstone water bubbler and heritage-listed sandstone well have been revived, the latter irrigating the grounds. 
The peninsula's most recent trophy home saw was earlier this year when the actor Cate Blanchett and her playwright husband Andrew Upton have sold Bulwarra.
The historic 1877-built residence - restored and extended on its 3642 sqm Hunters Hill block - was sold by Christie’s International.
Vailele has eight bedrooms, seven bathrooms, a study, an elegant music room. 
There's an entire floor dedicated to high-tech entertaining, including a home theatre.
Its heritage billiard room comes with cedar-panelled walls, domed ceiling and a bar.
It comes with a 10 car garage at the cul-de-sac location, a 3084 sq m estate on the corner of Gale Street and The Point Road.
With climbing roses, lavender, frangipanis and a vegetable patch, the grounds come with an infinity pool and spa, with lit terraces, verandahs, and a gazebo. 
This article first appeared in the Sunday Telegraph.
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Woolwich trophy home, Vailele's rare return to market

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Victorian horse racing owner/breeder Peter Carrick and wife Trish have listed their award winning Noosa riverfront home through Adrian Reed at Dowling &amp; Neylan Real Estate.
The contemporary house by award-winning designer Chris Clout cost them $3.45 million in 2010.
They bought it from Chris's parents Peter and Janet Clout, who had paid $345,000 for the 779 sqm waterfront parcel before commissioning their son to design the home.
The only request the parents had was that it had four bedrooms with a relaxing holiday vibe.
Designed to have an Asian resort presence, the home features an indoor pebbled garden, bamboos and tropical gardens.
This article first appeared in the Weekend Australian's Mansion Australia section.
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Chris Clout award winning Noosa riverfront listing

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A riverfront West End, Brisbane home with riverfront pontoon has been listed for sale.
The <a href="https://www.realestate.com.au/property-house-qld-west+end-113637883" target="_blank">11 Avebury Street</a> property has been listed with $2.695 million hopes through Jason Adcock at Adcock Prestige.
With panoramic and private, southerly views across the river to St Lucia, the four bedrooms home sits on 536 square metres.
Orleigh Park is within walking distance. 
 
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Riverfront West End, Brisbane listing

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Actor Cate Blanchett and director husband Andrew Upton have snappily sold their 1877 heritage listed Sydney home Bulwarra at circa $20 million. 
They purchased the sandstone riverfront Hunters Hill trophy home in 2004 for $10.2 million, then renovated.
The celebrity couple are preparing to move overseas.
Bulwarra, on 3,642 square metres, has five bedrooms that open to a verandah overlooking the water. A master retreat is housed in a private wing
The property was <a href="https://www.kenjacobs.com.au/2330308/" target="_blank">marketed through </a>through Christie's International in a campaign overseen by Sydney buyers' agency Sydney Slice. It has been reported Savills' Adam Ross was involved in the sale.
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Cate Blanchett sells Hunters Hill riverfront

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Thomas Muster, the former Austrian tennis champion, has spent $6.6 million on adjoining Noosa riverfront homes.
The dearer of the two cost $3.6 million on Weyba Creek which was less than its prior $3.75 million paid some 10 years ago. Both blocks were 620 square metres with early 1980s homes. 
Thomas Muster returns regularly to the Queensland town because his former wife, Jo Beth Taylor, the former Australia's Funniest Home Videos host, resides on the Sunshine Coast with their son.
The 35-hectare hinterland property, Cintamani, was Muster's first house in 1994 as a home away from his then Monte Carlo base, which was sold in 2002 for $7.6 million to Collection House founder Stephen Walker. 
It was in 2006 when Thomas Muster bought back into the Noosa property market spending $3.5 million on one of six luxury houses on the steep slopes of Noosa Hill. Set in the Viridian Noosa complex, overlooking Noosa Heads and Laguna Bay, the house is virtually wrapped around the trees.
Viridian Noosa was a joint venture between Leighton Properties and Ariadne Australia, designed by Noosa resident John Mainwaring. The long-time owner of the then 19.8-hectare banana plantation ended up in the High Court after a decade-long battle with Noosa Shire Council, which constrained the land's development potential.
His latest acquisition was a single level absolute waterfront residence on the sandy shoreline of the Noosa River with over twenty metres of sandy beach offered a $4.25 million by Eric Seetoo at Tom Offermann Real Estate.
The single level absolute waterfront residence enjoys a "dreamlike" position right on the Noosa River. Over twenty metre of sandy beach, a serene outlook to the wooded slopes of Noosa Hill and not a property in your line of sight across the water; this beautifully presented waterfront retreat will appeal to investors and families with an eye on future development in such a wonderful location.  Brightly flowering azalea, cycad, Poinciana and frangipani frame the security breezeway entry. 
The wide arc of sandy beach accommodates the paddle craft on the tide and a grove of Alexandra palm provide a perfect spot to string a hammock.
Property Observer gleans Muster first bought on the riverfront paying $2.8 million in 2013.
The former "King of Clay" beat career-threatening injuries at the age of 21 to become Austria's first grand slam tennis champion and its first world No. 1 player.  
Below is an external shot of the neighbouring property purchase on Mossman Court Noosa.
<img src="/images/2015/07/08/700_musterneighbour.jpg" alt="">
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