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.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

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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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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