JWLand has completed the final residential stage of its Lyneham precinct, Northbourne Village, with De Burgh now welcoming residents who have begun settling into their new homes.

A selection of the 350 studio, one, two, and three-bedroom apartments remains available within the two-building <a href="https://www.apartments.com.au/buildings/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a>, which occupies a prominent position along Northbourne Avenue.

[smartcode_project:default project_id=139989 project_image_fid=359152]

The apartments at De Burgh have been configured to prioritise natural light, privacy, and usable outdoor space, with ground-floor homes featuring private courtyards and upper-level apartments opening to generous balconies. Double-glazed windows are standard across the development, supporting acoustic comfort and improved energy performance.

Kitchens are fitted with Fisher &amp; Paykel appliances, while all residences include ducted reverse-cycle air conditioning integrated with app-based controls, allowing residents to manage lighting and climate remotely. These inclusions reflect a broader focus on durability, efficiency, and everyday functionality rather than short-term finishes.

[smartcode_project:default project_id=139989 project_image_fid=356280]

Shared amenity is delivered through a resident gym, rooftop garden, lounge spaces, parcel lockers, and landscaped communal areas that connect De Burgh to the wider Northbourne Village environment.

Nick Babic, Marketing Project Manager at JWLand, said the completion of De Burgh gives buyers a level of certainty that off-the-plan purchases cannot always provide.

“There’s no need to wait or play guessing games. You can come and see the spaces firsthand, and genuinely picture yourself living there today. That includes not only the apartments, but the amenities as well. It’s easy to imagine enjoying a coffee in the central courtyard or spending time with other residents in the lounge.”

The completed status of the project aligns with strong buyer demand for finished stock, particularly among first home buyers, young professionals, and downsizers seeking certainty around timing and cost.

[smartcode_project:default project_id=139989 project_image_fid=356282]

With pricing ranging from $463,000 to $1.588 million, much of the offering sits within reach of buyers looking to enter the Inner North apartment market.

De Burgh’s location underpins its buyer appeal, positioned approximately 600 metres from the light rail and three kilometres from Canberra’s CBD, with direct access to <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands, Sullivan’s Creek parkland, and the established hospitality and retail precincts of Lyneham and Dickson.

[smartcode_project_cta:default project_id=139989]

mikah.m@urban.com.au

Canberra's newest apartment building: JWLand completes De Burgh at Northbourne Village

One of Victoria’s largest private developers, Central Equity, has commenced construction on Palmera, its $1 billion luxury residential development at Northcliffe on the Gold Coast, appointing Tier 1 builder Multiplex to deliver the project.

The fast-track to construction is being undertaken ahead of Central Equity officially launching the project to market.

The company says the move reflects its confidence in both the calibre of its offering and the Gold Coast’s long-term fundamentals, underpinned by one of Australia’s strongest growing economies, continued population growth and sustained infrastructure investment.

A diversifying employment base across health, education, professional services and tourism has helped insulate the local economy from volatility, while limited new supply in established coastal locations continues to support demand from owner-occupiers and downsizers seeking long-term lifestyle value.

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a> is being constructed in the prestigious Northcliffe residential neighbourhood on an expansive 3,239 sqm site. It is located at 18 Garfield Terrace near the Northcliffe Surf Life Saving Club and the patrolled Northcliffe surf beach, situated between Broadbeach and Surfers Paradise.

[smartcode_project:default project_id=108274 project_image_fid=361249]

Offering a mix of spacious three-bedroom apartments over 52 levels, Palmera is designed to deliver a full suite of premium residences to buyers looking for the ultimate coastal lifestyle that the Gold Coast has to offer.

The project’s premium apartments will deliver northern views across the Surfers Paradise beachfront and extending all the way around to Burleigh Heads and beyond.

Palmera will be crowned by its top four levels, being a limited collection of penthouses and skyhomes that further elevate the residential offering through generous proportions and uninterrupted panoramic views.

[smartcode_project:default project_id=108274 project_image_fid=361246]

The appointment of Multiplex as the builder represents a major milestone for Palmera and cements Central Equity’s commitment to the Gold Coast after delivering more than 85 residential projects over the past four decades. It will be the 20th project collaboration between Central Equity and Multiplex.

“The commencement of construction at Palmera marks a major milestone for the project, with Tier 1 builder Multiplex appointed to deliver the development in the highly sought-after Northcliffe residential precinct on the Gold Coast,” said Central Equity Executive Director Karl Kutner.

“Our commitment to commence immediate construction is in line with our resounding confidence in the Gold Coast over the long term. The city has evolved and proven to be one of Australia’s most dynamic and resilient property markets in recent years.”

[smartcode_project:default project_id=108274 project_image_fid=361250]

Multiplex, one of Australia’s largest builders, has been shaping skylines and delivering iconic projects around the world since 1962. In that time, the Tier 1 global contractor has delivered projects with a combined value of more than US$130 billion.

“Having worked with Multiplex on many previous developments, we are pleased to be extending our relationship further with Palmera,” Kutner added.

“Multiplex brings an unparalleled depth of experience to ensure that Palmera fulfils the vision we have laid out for this strategic location and is delivered to the highest standards,” he said.

Multiplex Regional Managing Director Michael Sinclair said Multiplex was delighted to be aligning with Central Equity yet again.

“Central Equity is creating a stunning new addition to the Gold Coast skyline, and we look forward to bringing their vision to life with a world-class construction team and program. We are proud to be working alongside Central Equity on our 20th project together.”

Palmera has been designed by Marchese Partners, with interiors by DBI.

[smartcode_project:default project_id=108274 project_image_fid=361247]

Residents will have private access to extensive, state-of-the-art amenities, featuring two large pools including a generously scaled, family-friendly pool with safe shallow zones, and a 25-metre lap pool facing the western side, ensuring maximum sunlight all day.

Also available exclusively to residents is a sauna, magnesium pool, yoga studio, expansive gym, resident lounge, outdoor BBQ and dining areas. Residents will also be welcomed by concierge and luxurious entry foyer.

Located on Garfield Terrace in Northcliffe, Palmera enjoys a prime coastal position just moments from the patrolled Northcliffe beach and the G:link light rail, providing effortless connectivity along the Gold Coast’s beachfront suburbs, linking the Gold Coast University Hospital in the north with Nobby beach and Burleigh Heads to the south once the extension completes later this year.

[smartcode_project_cta:default project_id=108274]

Joel Robinson

Central Equity unveils Palmera on Garfield Terrace, Surfers Paradise

The idea of a low-maintenance forever home located close to the city were the two driving factors behind a recent purchaser’s journey at Murcia, the under-construction East Brisbane apartment development by Sarazin.

Last year, Lois and her husband purchased a two-bedroom plus multi-purpose room (MPR) apartment in the new building, which is being constructed by Hutchinson Builders and is on track for completion in late-2027.

[smartcode_project:default project_id=135094 project_image_fid=341638]

The couple’s number one priority was to remain within easy commuting distance of the city for work. Murcia is positioned alongside the new Cross River Rail, with Woolloongabba Station just 300 metres from the front door.

They are currently living in their Annerley unit, which they have owned for several years, after recently moving out of their inner-city apartment, located on the very same street as Murcia.

“We had watched the development for a long time, and when construction activity began, that’s when we felt confident to buy,” Lois said.

[smartcode_project:default project_id=135094 project_image_fid=356540]

The timing also made sense. By moving back into their Annerley unit, they are able to save money ahead of settlement, while looking forward to returning closer to the city once Murcia is complete.

“We see Murcia as a forever home, as opposed to an investment, or something we need to appreciate massively in value and move on from in a few years,” Lois said.

“We secured an apartment large enough to grow a family, so we’re expecting to call Murcia home for a very long time.”

The couple plan to grow their family, but without the added maintenance demands of owning a standalone house further from the city. Working with Sarazin and architect HAL, they were able to slightly tweak the floorplan, converting the two-bedroom plus MPR layout into a functional three-bedroom apartment.

An added bonus was the recently revised communal space plans, which now incorporate a dedicated working-from-home area, complete with work pods, and shared desks.

“It means the third bedroom doesn’t have to become a part-time office and part-time bedroom,” Lois said, adding that residents have the benefit of working from home without actually being inside their apartment.

The rooftop wellness amenity was another standout compared to living in an established complex or a house. A signature feature of Sarazin developments, the rooftop will include a full gym, hot and cold plunge pools, a steam room and sauna, and a hotel-style pool with cabanas.

[smartcode_project:default project_id=135094 project_image_fid=214682]

Buyer journeys can vary significantly, from purchasing in the established market to buying new, or choosing between houses and apartments. Lois said they knew immediately that buying off the plan was right for them.

“We wanted something new, with less maintenance, and we weren’t quite ready to make the full financial leap straight away. The timing and deposit structure gave us the flexibility we needed.”

Designed by HAL Architects and inspired by the Spanish city of Murcia, the development takes a Mediterranean-influenced approach to architecture and landscaping, with a strong emphasis on shared spaces.

“The design feels considered, the amenities support how we actually live, and the location keeps us connected to the city without feeling right in the middle of it.”

Murcia is Sarazin’s second development in the area, following the completion of Silk One just up the road in 2022. They have several more projects coming to market in Woolloongabba ahead of the 2032 Brisbane Summer Olympics.

[smartcode_project_cta:default project_id=135094]

Close to the city, built for the future: Inside a growing family’s move to Murcia in East Brisbane

While most developers are aiming high across the Gold Coast, John Kearney’s <a href="https://www.apartments.com.au/developers/immerse-projects">Immerse Projects</a>&nbsp;has scaled back its plans for its Kirra Beach project.

As first reported by Apartments.com.au in April 2025, Immerse <a href="https://www.apartments.com.au/news/qld/first-look-immerse-projects-plan-new-apartments-at-kirra-beach">lodged plans for 105 apartments</a> on its 2,026 sqm Haig Street site.

The developer has now revised the proposal, reducing the 14-storey building to nine storeys and cutting the total number of apartments from 105 to 65.

The new scheme will also feature a broader mix of apartments. It will comprise 23 two-bedroom units, 17 three-bedroom units, and 25 four-bedroom apartments, the latter a configuration that was not included in the original proposal.

<img alt="Lot 11 C2859, 7 Haig Street, COOLANGATTA QLD 4225" data-entity-type="file" data-entity-uuid="972e3bbf-c3e6-4308-b098-5821e571f829" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Haig%20Street%20perspective%201.png?VersionId=3jkyNU0n7TW08DpkoEsY62bXWTb3UHxY" />

The building will rise to a compliant height of 29 metres, aligning with the Building Height Overlay.&nbsp;

The built form incorporates three basement levels accommodating 197 resident car parks and 13 visitor spaces, alongside storage and servicing areas. Level two is dedicated in part to communal amenity, including a lap pool along the western boundary, pool deck, spa and cold plunge pools, gym, work-from-home and meeting spaces, and landscaped areas designed to enhance privacy and outlook.

The typical floorplate will have eight apartments per level.

<img alt="Lot 11 C2859, 7 Haig Street, COOLANGATTA QLD 4225" data-entity-type="file" data-entity-uuid="002d2594-9cf4-4ee4-bb2a-9a0546ac1cc5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Haig%20Street%20site.png?VersionId=Qk.Cm0K9RziXrWu0Q4u2eOjEM3CwNhhC" />

The subject site is currently occupied by two 1970s-era walk-up buildings, Giraween and Caribbean, comprising 14 apartments.

Immerse Projects, led by building veteran John Kearney, who also heads construction firm Greyburn, has become increasingly active in the Kirra and broader southern Gold Coast market. The group recently completed Rhyhthm Kirra Hill on Garrick Street. They have another site locally, on McLean Street, which has approved plans for 58 apartments.

First Look: Immerse favours four-bed apartments in Kirra Beach switch

The development wave is continuing in the affluent suburb of Woollahra following last year’s planning reforms introduced by the Minns Labor Government.

In early 2025, the NSW Government implemented significant changes to its Low and Mid-Rise Housing Policy, altering planning controls to allow greater density for new apartment projects within an 800-metre walking distance of stations and town centres in the Woollahra Local Government Area, overriding existing local controls. Buildings are now permitted to rise up to six storeys within 400 metres of a station or centre, or eight storeys where affordable housing is incorporated, and up to four storeys within the 401 to 800 metre radius, which can increase to six storeys with affordable housing.

Since then, a significant number of development applications have been lodged, and numerous sites have transacted, some at record highs, with the increased density provisions now working in favour of developers.

Lower North Shore developer Abadeen are behind the latest project. They are planning a six-storey residential building at 101–115 Edgecliff Road, on the border of Woollahra and Bondi Junction.

<img alt="First Look: Lindos Group plans six-storey adaptive reuse apartment project in Woollahra’s Fletcher Precinct" data-entity-type="file" data-entity-uuid="17a75a04-3ecd-4b0f-af9f-54514690721b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Edgecliff%20DA%20front.png?VersionId=r0MiKualBGqKrjVj6hJZHsEiwl9QzF0D" />

The proposal would replace a trio of interwar flat buildings on the amalgamated 1,514 sqm site, which has three street frontages to Edgecliff Road, Adelaide Street and Australia Lane.

Importantly, as noted in the documents, the project represents a 200 per cent increase in bedroom density, from 32 bedrooms to 66, rather than a significant increase in the number of apartments, which will rise only slightly from 28 to 29.

The scheme proposes four one-bedroom units, 13 two-bedroom units, and 12 three-bedroom apartments. The submitted planning documents note that, based on market research and background analysis, one of the primary target markets will be downsizers seeking to remain in the local area while moving out of larger freestanding homes they no longer require.

“This allows for new housing supply opportunities beyond just the subject site,” the Design Report by architecture firm Squillace states. The current unit mix comprises 24 one-bedroom apartments and four two-bedroom units.

The top level of the new development will feature a rooftop deck with a pool, barbecue facilities, integrated seating, and a communal vegetable and herb garden.

“Providing these facilities is beneficial in encouraging increased interaction between occupants, which in turn fosters a greater sense of community,” Squillace’s report notes. The firm adds that the vegetable and herb garden, in particular, offers social value, with volunteering opportunities creating further interaction among residents.

<img alt="First Look: Lindos Group plans six-storey adaptive reuse apartment project in Woollahra’s Fletcher Precinct" data-entity-type="file" data-entity-uuid="9619b7bb-291d-417a-a006-f36d14a97cb1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Edgecliff%20DA%20perspective.png?VersionId=PYeMKcgOnEV7XVztARQ_YVDlvHcuyZaW" />

Squillace describes the intent as delivering additional housing supply while maintaining the heritage character of the Fletcher Precinct.

“Our objective is to design a high-quality benchmark building that enables considered additions and the adaptive reuse of the existing three brick residential flat buildings,” the architecture firm states.

The site is located within a heritage conservation area, with all three existing buildings identified as contributory items in the Woollahra Development Control Plan. Rather than pursuing wholesale demolition, the proposal retains the primary brick façades and tiled pitched roof forms along Edgecliff Road and Adelaide Street. New upper-level additions are set back from the existing parapets and articulated with horizontal and vertical shadow lines to provide visual separation.

“The proposed design seeks to retain the primary brick façades and roof forms to the street, demonstrating how existing building fabric can be preserved while increasing housing density within conservation areas,” the report adds.

Prior to Christmas, around <a href="https://www.apartments.com.au/news/nsw/rose-bay-apartment-market-fires-up-with-200m-in-new-developments-filed">$200m of new projects</a> were filed in Rose Bay alone, within the Woollahra LGA.

The suburb of Woollahra is subject to the most change in the Woollahra LGA, with the&nbsp;Minns Labor Government to deliver&nbsp;Sydney’s first new heavy rail station in more than a decade, enabling up to 10,000 new homes by rezoning land around&nbsp;<a href="https://www.apartments.com.au/developments/woollahra-nsw-2025" target="">Woollahra</a>&nbsp;and&nbsp;<a href="https://www.apartments.com.au/developments/edgecliff-nsw-2027" target="">Edgecliff</a>&nbsp;stations.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/next-stop-woollahra-train-station-delivering-up-to-10-000-new-homes-in-the-heart-of-sydney">Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney</a>

First Look: Woollahra development wave continues as Abadeen plots six-storey apartment block

Rosebud

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The Easter break's special Victorian auction treat - a bathing box on the Rosebud foreshore - went wanting, when it failed to sell with just the one bidder at its onsite weekend auction.
"You could start with a bid of $1 million if you like, but I won't move it to Sorrento," the Mornington Peninsula auctioneer Stephen Wilson told the crowd.
There was a $200,000 opening bid.
"It's the best boatshed and position in Rosebud," Wilson said.
Then the auctioneer placed a $225,000 vendor bid.
"You can go fishing ..you can go swimming, but here you don't need to even get sand in your feet," he said.
Just the one higher offer took the top bid to $230,000 when <a id="LPlnk30240" href="https://www.realestate.com.au/property-house-vic-rosebud-129412790" target="_blank">boatshed 82A</a> was put to auction on Saturday afternoon.
Post-auction the top bidder was told there was a $280,000 reserve price.
Some years ago it had a $345,000 asking price.
Located at the beach end of Rosebud Parade, not far from the busy cafes on Point Nepean Highway, <a id="LPlnk250717" href="https://www.norrisre.com.au/index.cfm?pagecall=property&amp;propertyID=3311136" target="_blank">boatshed 82a</a> is the closest bathing box to the pier.
With the leasehold holding is a 8m x 4m boat shed constructed of brick and a colourbond roof that dates back at least 70 years.
The smaller Rosebud boat sheds for sale start from $85,000.
<img src="https://www.urban.com.au/images/2019/4/18/Boat%20shed%202.JPG" alt="">
It was the quietest Easter since 2012 with just 378 homes taken to auction across the combined capitals, according to CoreLogic.
There were limited city auctions over Easter, but coastal agents across the country endeavoured to find buyers ahead of the upcoming winter hibernation.
A newly constructed four bedroom Blairgowrie home didn't find its weekend buyer either on Melbourne's Mornington Peninsula.
<div>It was passed in on a $2 million vendor bid with the marketing having sought $2.2 million.</div>
<div>Set on a 688 sqm, the residence at <a id="LPlnk878221" href="https://www.melbournesothebysrealty.com/property/blairgowrie-34-charles-street" target="_blank">34 Charles Street</a> with 61 squares of space has views across Port Philip Bay.</div>
<div>
It was designed by siblings, architect Elise Ross and construction by local luxury builder Simon Ross with plenty of use of timber, American Oak flooring, Silvertop Ash panelling and Blackbutt decking.
</div>
"It is a family passion-project by the Ross family," Peninsula Sotheby's International Realty listing agent Hamish Opray said, noting there was a "sophisticated Scandinavian-inspired aesthetic throughout."
The three level floorplan incorporates distinct, self-contained living zones serviced by an Italian imported hydraulic lift.
There is a solar-heated glass tiled pool.
Sydney had the priciest weekend auction offering which was a vacant block at <a id="LPlnk949594" href="https://djwproperty.com.au/property/20-macintyre-crescent-sylvania-waters-nsw-2224/" target="_blank">20 Macintyre Crescent, Sylvania Waters</a>, billed as having the potential to be a holiday home.
It was an 808 sqm building block with approved plans for a luxury residence with an extra wide 30m water frontage with deep water mooring facility to accommodate vessels up to 28mertes in length plus dry dock and jet ski facilities.
The house plans have been designed by Rabi Moussawel of RM Designers.
“The vision was to design a house which made the owner feel like he was on holidays every day of the year," Moussawel said in the marketing.
"From the moment you enter the house you experience the luxurious double height ceiling space like a hotel foyer.
"This luxury home is alive with ocean drama, swaying palm trees, quiet sunrises, and flamboyant sunsets.
"It is a rare architectural masterpiece, connecting outside with inside and enjoying spectacular, unobstructed views of the water.
"Fish in the morning, swim during the day and jet ski in the afternoon.... why travel when you are already on holidays.”
DJW Property agent John Basa said it was it was passed in at $3,965,000, below its reserve price of $4.1 million.
Its last sale was in 2009 when the 1965 home was bought for $2,315,000, having sold pre GFC at $2.9 million in 2004.
Realestate.com.au advised the NSW clearance rate, based on 97 auction results over the past week, sat at 59 percent.
South Australia also secured a 59 percent success rate over the past week from 29 results.
Queensland had a 33 perecent clearance rate from 39 results.
There were two offerings at 1770, the small town promoted as the gateway to the Southern Great Barrier Reef, near Gladstone where explorer Captain James Cook briefly landed in May 1770.
A detached architect-designed duplex at <a id="LPlnk616864" href="https://www.realestate.com.au/property-house-qld-seventeen+seventy-130810014" target="_blank">4a/4b Orton Court </a>failed to sell.
With ocean views over Bustard Bay, the duplex offering was the winner of 2014 Queensland Master Builders Association award after being constructed in 2014 by Gibson Homes.
"No expense was spared in construction using corrosion resistant materials to ensure low maintenance," its PRDnationwide marketing advised.
"The properties were passed in," PRD agent James White said. They have been $3000 a week peak season asking rentals.
Orton Court is named after Captain Cook's clerk Richard Orton whose earlobes were slashed during the drunken night when Cook's crew anchored in Bustard Bay. 
A 1770 entry level home set amid tropical gardens also did not sell at <a id="LPlnk45130" href="https://www.realestateview.com.au/real-estate/628-captain-cook-drive-seventeen-seventy-qld/property-details-buy-residential-11083832/" target="_blank">628 Captain Cook Drive</a> though PRD. 
The classic holiday home comprised two bedrooms, open plan kitchen and living room with a large sunroom and balcony area, to capture the views. 
It last sold at $210,000 in 1991.
Victoria's success rate was put at 58 percent with just 26 results.
Rosebud was among the busiest auction locations.
A three bedroom one bathroom house, listed through Paul Cunnington and Tullie Roberts of Barry Plant, was sold at an undisclosed price.
Situated at <a id="LPlnk852269" href="https://www.barryplant.com.au/property/599338/79-first-avenue-rosebud/" target="_blank">79 First Avenue</a>, the home had come with a price guide of $520,000 to $570,000.
Set on 385 sqm, the renovated home last sold in 2008 for $290,000.
Another Rosebud property, marketed as a "grand weatherboard ready for a makeover" was pulled from auction.
The four bedroom one bathroom house set on 760 sqm, had a price guide of $520,000 to $550,000 through Barry Plant.
Situated at <a id="LPlnk782957" href="https://www.barryplant.com.au/property/599619/14-hayes-avenue-rosebud/" target="_blank">14 Hayes Avenue</a>, the listing noted the property had the potential to be subdivided or become a two unit site.
The median price for a home in Rosebud is $605,000, according to CoreLogic, with the median days on market before a sale at 32 days. 
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jchancellor-FAypfDUnLy

Rosebud bathing box fails to sell at Easter auction

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Parkmore, a historic 1891 Victorian mansion in Rosebud, the seaside town on the Mornington Peninsula, has finally sold after numerous attempts.
The grand six-bedroom Victorian home at <a href="https://www.realestate.com.au/sold/property-house-vic-rosebud-128521190">741-743 Point Nepean Road </a>sold for an undisclosed price having revised price hopes of $2.6 million to $2.8 million during its most recent sales campaign.
The property passed in at auction last July.
Positioned opposite the beach, last year McEwing &amp; Partners Mornington agent Quentin McEwing saw two bidders compete for the property before it was passed in at $3,175,000.
The heritage listed manor had an initial guide of $2.7 million to $3 million which was amended to a price guidance of $3.2 million to $3.5 million before the auction.
It was listed in 2017 with $3 million to $3.3 million price guidance.

<div id="div-gpt-ad-1553484609107-0" style="height: 1px; width: 1px;"> </div>
It last sold at a suburb record $2,825,000 in 2016 when bought by the property developer Robert Kampf.
Directly opposite a long sandy stretch of beach, thehouse comes with three living/dining rooms, a modern kitchen, wine cellar/cantina, six bedrooms, and an array of verandas and patios.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/4/rosebud%202.jpg" alt="">
Other features include heated swimming pool &amp; spa, fireplaces, sash windows and ducted heating and cooling. 
It is within short walking distance to the McCrae Plaza, the yacht club, restaurants and cafes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/4/rosebud%203.jpg" alt="">
It is listed by Quentin McEwing and Marcus Gollings from McEwing &amp; Partners Real Estate.
The suburb's median house price sits around <a href="/developments/rosebud-vic-3939">$560,000</a>, according to CoreLogic. 
Rosebud was raked in late 2017 as the cheapest place to buy on the Mornington Peninsula. 
<table>
<thead><tr>
<th rowspan="1" colspan="1"> </th>
<th rowspan="1" colspan="1">
Median house
</th>
<th rowspan="1" colspan="1">
Annual growth
</th>
<th rowspan="1" colspan="1">
5 year growth
</th>
</tr></thead>
<tbody>
<tr>
<td rowspan="1" colspan="1">Dromana</td>
<td rowspan="1" colspan="1">$685,000</td>
<td rowspan="1" colspan="1">18%</td>
<td rowspan="1" colspan="1">84%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Blairgowrie</td>
<td rowspan="1" colspan="1">$856,000</td>
<td rowspan="1" colspan="1">15%</td>
<td rowspan="1" colspan="1">84%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Tootgarook</td>
<td rowspan="1" colspan="1">$553,500</td>
<td rowspan="1" colspan="1">16%</td>
<td rowspan="1" colspan="1">86%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Sorrento</td>
<td rowspan="1" colspan="1">$1.3m</td>
<td rowspan="1" colspan="1">30%</td>
<td rowspan="1" colspan="1">92%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Safety Beach</td>
<td rowspan="1" colspan="1">$720,500</td>
<td rowspan="1" colspan="1">16%</td>
<td rowspan="1" colspan="1">81%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Rye</td>
<td rowspan="1" colspan="1">$643,500</td>
<td rowspan="1" colspan="1">18%</td>
<td rowspan="1" colspan="1">87%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Rosebud</td>
<td rowspan="1" colspan="1">$526,000</td>
<td rowspan="1" colspan="1">17%</td>
<td rowspan="1" colspan="1">83%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Portsea</td>
<td rowspan="1" colspan="1">$1.86m</td>
<td rowspan="1" colspan="1">0%</td>
<td rowspan="1" colspan="1">82%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Mount Martha</td>
<td rowspan="1" colspan="1">$935,750</td>
<td rowspan="1" colspan="1">19%</td>
<td rowspan="1" colspan="1">91%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Mount Eliza</td>
<td rowspan="1" colspan="1">$1.1m</td>
<td rowspan="1" colspan="1">22%</td>
<td rowspan="1" colspan="1">91%</td>
</tr>
<tr>
<td rowspan="1" colspan="1">Mornington</td>
<td rowspan="1" colspan="1">$805,000</td>
<td rowspan="1" colspan="1">17%</td>
<td rowspan="1" colspan="1">91%</td>
</tr>
</tbody>
</table>
Source: Domain Group House Price Report, December quarter 2017 
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j.ballantyne1990-6AQqhLzZaK

Historic Rosebud offering Parkmore finally sold

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A family home in the Lockhart Drive Estate in Rosebud on the Mornington Peninsula has been listed for $1.85 million hopes.
It has been offered by Flynn &amp; Co Real Estate Rosebud. 
The home at <a href="https://www.realestate.com.au/property-house-vic-rosebud-130162298" target="_blank">27 Lockhart Drive</a> sits on 4118sqm and has four bedrooms, open plan living spaces, a theatre room,  kitchen with full butler's pantry, wine cellar, and alfresco area with outdoor kitchen. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/12/21/rosebud%202.jpg" alt="">
Other features include automatic gates, travertine stone flooring, high square set ceilings, ducted heating, heated flooring through the master ensuite, and double garage plus additional double carport. 
It is within easy reach of the Rosebud Country Club, shops and wineries.
The suburb's median house price sits at <a href="/developments/rosebud-vic-3939">$610,000</a>, according to CoreLogic.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/12/21/rosebud%203.jpg" alt=""> 
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Rosebud trophy home listed at $1.85 million

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Parkmore, a historic 1891 Victorian mansion in Rosebud, the seaside town on the Mornington Peninsula, failed to sell at weekend auction.
McEwing &amp; Partners Mornington agent Quentin McEwing saw two bidders compete for the property before it was passed in at $3.175 million
The heritage listed manor had an initial guide of $2.7 million to $3 million which was amended to a price guidance of $3.2 million to $3.5 million..
It was listed last year with $3 million to $3.3 million price guidance.
It now comes with a price guidance of $3.2 million to $3.5 million.
It last sold at $2,825,000 in 2016 when bought by the property developer Robert Kampf.
Directly opposite a long sandy stretch of beach, the<a href="https://www.realestate.com.au/property-house-vic-rosebud-128521190" target="_blank"> 741-743 Point Nepean Road</a> house comes with three living/dining rooms, a modern kitchen, wine cellar/cantina, six bedrooms, and an array of verandas and patios.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/4/rosebud%202.jpg" alt="">
Other features include heated swimming pool &amp; spa, fireplaces, sash windows and ducted heating &amp; cooling. 
It is within short walking distance to the McCrae Plaza, the yacht club, restaurants and cafes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/4/rosebud%203.jpg" alt="">
It is listed by Quentin McEwing and Marcus Gollings from McEwing &amp; Partners Real Estate.
The suburb's median house price sits around <a href="/news">$560,000</a>, according to CoreLogic. 
Rosebud was raked in late 2017 as the cheapest place to buy on the Mornington Peninsula. 
<div class="moveable_w" data-element-id="chart_141926523" data-object-id="3366395c-65ce-4feb-b3cf-42e7f3cc3640" data-object-type="chart" data-content-type="19">
<div id="chart_141926523" class="moveable chart ig-theme-group-chart">
<div id="Chart_141926523" class="inner notranslate">
<div class="igc-root">
<div class="igc-table-outer">
<div class="igc-table-container">
<table class="igc-table __dynamic">
<thead><tr>
<th class="igc-table-header igicon-sort" rowspan="1" colspan="1"> </th>
<th class="igc-table-header igicon-sort" rowspan="1" colspan="1">Median house</th>
<th class="igc-table-header igicon-sort" rowspan="1" colspan="1">Annual growth</th>
<th class="igc-table-header igicon-sort" rowspan="1" colspan="1">5 year growth</th>
</tr></thead>
<tbody>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Dromana</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$685,000</td>
<td class="igc-table-cell" rowspan="1" colspan="1">18%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">84%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Blairgowrie</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$856,000</td>
<td class="igc-table-cell" rowspan="1" colspan="1">15%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">84%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Tootgarook</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$553,500</td>
<td class="igc-table-cell" rowspan="1" colspan="1">16%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">86%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Sorrento</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$1.3m</td>
<td class="igc-table-cell" rowspan="1" colspan="1">30%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">92%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Safety Beach</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$720,500</td>
<td class="igc-table-cell" rowspan="1" colspan="1">16%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">81%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Rye</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$643,500</td>
<td class="igc-table-cell" rowspan="1" colspan="1">18%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">87%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Rosebud</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$526,000</td>
<td class="igc-table-cell" rowspan="1" colspan="1">17%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">83%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Portsea</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$1.86m</td>
<td class="igc-table-cell" rowspan="1" colspan="1">0%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">82%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Mount Martha</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$935,750</td>
<td class="igc-table-cell" rowspan="1" colspan="1">19%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">91%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Mount Eliza</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$1.1m</td>
<td class="igc-table-cell" rowspan="1" colspan="1">22%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">91%</td>
</tr>
<tr>
<td class="igc-table-cell" rowspan="1" colspan="1">Mornington</td>
<td class="igc-table-cell" rowspan="1" colspan="1">$805,000</td>
<td class="igc-table-cell" rowspan="1" colspan="1">17%</td>
<td class="igc-table-cell" rowspan="1" colspan="1">91%</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
</div>
</div>
<div class="moveable_w" data-element-id="particle_6b398acf-3a27-423b-83fb-663f2e9e0fac" data-object-id="6b398acf-3a27-423b-83fb-663f2e9e0fac" data-object-type="particle" data-content-type="captiontext">
<div id="particle_6b398acf-3a27-423b-83fb-663f2e9e0fac" class="moveable particle caption-text ig-theme-group-text">
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<div class="innertext" data-placeholder=""> </div>
<div class="innertext" data-placeholder="">Source: Domain Group House Price Report, December quarter 2017 </div>
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</div>
 
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Historic Rosebud offering Parkmore fails to sell

<html><body>
Parkmore, a historic 1891 Victorian mansion in Rosebud, a seaside town on the Mornington Peninsula, has been listed with suburb-record breaking hopes.
The heritage listed manor has a guide of $2.7 million to $3 million for its July 21 auction.
It last sold at $2,825,000 in 2016 when bought by the property developer Robert Kampf. 
Directly opposite a long sandy stretch of beach, the<a href="https://www.realestate.com.au/property-house-vic-rosebud-128521190" target="_blank"> 741-743 Point Nepean Road</a> house comes with three living/dining rooms, a modern kitchen, wine cellar/cantina, six bedrooms, and an array of verandas and patios.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/4/rosebud%202.jpg" alt="">
Other features include heated swimming pool &amp; spa, fireplaces, sash windows and ducted heating &amp; cooling. 
It is within short walking distance to the McCrae Plaza, the yacht club, restaurants and cafes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/4/rosebud%203.jpg" alt="">
It is listed by Quentin McEwing and Marcus Gollings from McEwing &amp; Partners Real Estate.
The suburb's median house price sits on $561,000, according to CoreLogic. 
 
 
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jonathanchancellor-7SQnKwU6yx

1890s Rosebud trophy home, Parkmore offering

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Rosebud always has plenty of bathing boxes on offer.
Just last month $77,000 was paid for <a href="https://www.realestate.com.au/sold/property-house-vic-rosebud-122107510" target="_blank">box 159</a>.
The rather large box 188 sold in October this year at $99,000.
A beach box at Rosebud is now for sale for $39,950.
<a href="https://www.norrisre.com.au/index.cfm?pagecall=property&amp;propertyID=3039620&amp;realestate=97_Rosebud_Foreshore_ROSEBUD_VIC_3939" target="_blank">Located at 97 Rosebud Foreshore</a>, the property (pictured above) is directly opposite a hotel close to the Motor Boat Harbour.
The property is offered by Norris Real Estate agent Gary Clode.
The freshly painted Box 122 wants $90,000. 
There was a $20,000 in 2009 of box 97.
The colourful box 164 sold for $22,000 last year. In 2015 box 153 fetched $31,000.
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Cheap Rosebud beachfront boxes for sale

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A Rosebud beach house sold at weekend auction for $505,500.
The weekend sale was <a href="https://www.realestate.com.au/property-house-vic-rosebud-123171414">2 Spray Street, Rosebud</a> (above). Shane Fox at Ray White sold it. 
The two storey three bedroom had fetched $390,000 in 2014.
Property Observer went looking for five more than could be bought at less than half a million on Victoria's Mornington Peninsula.
Another in Rosebud is available, with YPA Estate Agents agent Chris Fahl asking between $440,000 and $480,000 for a three bedroom, one bathroom home.
Last traded for just $72,000 in 1997, <a href="https://www.realestate.com.au/property-house-vic-rosebud-123148958" target="_blank">12 Kennington Road</a> (below) in Rosebud is set on 679 sqm and a short walk to Port Phillip Bay.
<img src="/images/2016/08/26/500_beach1.jpg" alt="">
A beach house at<a href="https://www.realestate.com.au/property-house-vic-rosebud+west-123404694" target="_blank"> 9 Swans Way</a> (below) in Rosebud West is on the market for $430,000 with Basso Real Estate agent Paul Basso, having last sold for $295,000 in 2010.
<img src="/images/2016/08/26/beach2.jpg" alt="">
The renovated three bedroom investment property was bringing in $330 a week, which would show a rental yield of 3.99 percent for the new buyer.
YPA Estate Agents Sheree Hay is asking for offers between $430,000 and $470,000 for <a href="https://www.realestate.com.au/property-house-vic-rye-123225954">1 Hackworth Road</a> (below) in Rye.
<img src="/images/2016/08/26/rye.jpg" alt="">
It's a three bedroom, one bathroom home on a corner allotment with a wood fire pizza oven in the back yard.
It last traded for $286,000 in 2008.
Just touching the $500,000 barrier is this three bedroom, single level home in Safety Beach, which only traded last year for $350,000.
The property at <a href="https://www.realestate.com.au/property-unit-vic-safety+beach-123434298" target="_blank">38/113 Country Club Drive</a> (below) is priced at $499,000 through YPA Estate Agents Ben Nutbean and Jade Springer.
<img src="/images/2016/08/26/country.jpg" alt="">
Back to Rosebud, where Darren Sadler at Eview Property Group wants offers over $475,000 for <a href="https://www.realestate.com.au/property-house-vic-rosebud-123189394">28 Sunningdale Road </a>(below)<a href="https://www.realestate.com.au/property-house-vic-rosebud-123189394">.</a>
<img src="/images/2016/08/26/rose1.jpg" alt="">
Last sold in 2010 for $375,000, the three bedroom, two bathroom renovated family home offers an open plan living area with large back yard. 
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