Apartment development applications continue to tally up in Rose Bay following the NSW Gov's 2025 update to the Low and Mid-Rise Housing Policy.

&nbsp;

Some $200 million worth of developments were filed in the space of four weeks at the back end of last year, with the likes of Fyve, HSN, Luxcon and Fortis all seeking to creating new apartment buildings.

The latest plans are for an amalgamated 3,105 sqm site across Conway Avenue, Fernleigh Avenue, and Carlisle Street. Developer Mathieson Property is planning <a href="https://www.apartments.com.au/new-apartments/dian-2-6-conway-avenue-rose-bay-nsw-2029">Dian</a>, 70 apartments across a new eight-storey building, perched on a ridgeline within walking distance of Rose Bay Town Centre.

The State Significant Development Application (SSDA), includes one-, two-, three- and four-bedroom configurations. Over 15 per cent will be dedicated as affordable, as per the NSW Government's push for affordable housing. The 17 apartments will be managed by a community housing provider for 15 years following completion of the building.

<img alt="First Look: Mathieson Property unveils eight-storey infill housing proposal ‘Dian’ in Rose Bay" data-entity-type="file" data-entity-uuid="f99c21d9-e69d-4a23-ae35-3244cfa0b4ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rose%20Bay%20site_0.png?VersionId=67KSZfecJ3fvn1ewo9xxKrneRT.Nsjwd" />

MHNDU has designed the building around three central cores, with lower-level apartments arranged to maximise corner balconies and cross-ventilation. Upper levels are configured with dual north–south aspects to capture harbour views and solar access.

Private open space is a key feature of the scheme, with generous balconies and terraces throughout. Five ground-floor apartments would include private pools, while one upper-level residence will feature a rooftop terrace and pool. A communal room and adjoining landscaped outdoor terraces provide shared open space for residents.

<img alt="First Look: Mathieson Property unveils eight-storey infill housing proposal ‘Dian’ in Rose Bay" data-entity-type="file" data-entity-uuid="dd2e275f-c270-4eb1-9a02-2b573b8eb540" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rose%20Bay%20front_0.png?VersionId=Us5jNEG6iLFLLMfQSzVBVdILYobBj.g9" />

The site sits around 365 metres walking distance of Rose Bay Town Centre and around 312 metres from regular bus services on New South Head Road, meeting the accessible area criteria under the Housing SEPP.

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&nbsp;<a href="https://www.apartments.com.au/developments/woollahra-nsw-2025">Woollahra</a>&nbsp;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.

Joel Robinson

Mathieson Property unveils Dian Rose Bay apartment development

Lower North Shore developer <a href="https://www.apartments.com.au/developers/hyecorp-property-group">Hyecorp</a> is preparing to launch <a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine</a>, its new apartment development in Chatswood.

Set within a blue ribbon location on Archer Street, Celine will rise on a quiet, tree-lined enclave on the edge of the South Chatswood Heritage Conservation Area, a short walk from the connectivity which Chatswood is famous for.

Celine will deliver 122 one, two, three, and four-bedroom residences, designed to accommodate a broad range of buyers, from owner-occupiers to investors.

&nbsp;

[smartcode_project:default project_id=149594 project_image_fid=362610]

Designed by&nbsp;<a href="https://www.apartments.com.au/architects/fuse-architecture-0">Fuse Architects</a>, the 29-storey tower has been shaped to respond to its Archer Street setting, with a defined podium and slender upper levels.&nbsp;

The building incorporates a two-storey residential lobby at the corner, double-height retail fronting Bertram Street, food and beverage tenancies along a through-site link, and two levels of commercial office space.&nbsp;

A landscaped pedestrian connection between Archer and Bertram streets will provide a publicly accessible link through the site, extending activity at ground level beyond the building footprint.

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[smartcode_project:default project_id=149594 project_image_fid=362606]

Inside, Hyecorp is emphasising scale and flexibility. Most residences will incorporate multipurpose rooms, allowing buyers to configure additional living, study or guest space within their floorplan.&nbsp;

Kitchens have been designed with proportions more commonly associated with standalone homes, complemented by Gaggenau and Miele appliances, integrated refrigeration, Miele laundry appliances, Taj Mahal stone and bronze tapware.&nbsp;

Buyers will also have the option to tailor aspects of their home through the developer’s “Live Your Way” personalisation service.

&nbsp;

Resident amenity will include an outdoor pool, gym and sauna, as well as barbecue and lounge areas designed for shared use. Upper levels are oriented to capture eastern outlooks towards the Sydney CBD and surrounding greenery.

[smartcode_project:default project_id=149594 project_image_fid=362633]

The location places future residents within 800 metres of Chatswood Interchange, providing access to metro and rail services, and within walking distance of Westfield, Chatswood Chase and the Chatswood Concourse. Parks including Chatswood Park and Beauchamp Park are nearby, along with a cluster of schools and private hospitals.

Celine continues Hyecorp’s focus on the Lower North Shore. The Australian, family-owned developer has been operating locally for more than 30 years, with recent projects including Audrey in St Leonards, now nearing completion, and Juliet in Roseville. With registrations expected to open soon, Celine represents the group’s latest addition to the Chatswood apartment market.

[smartcode_project_cta:default project_id=149594]

Hyecorp unveils Celine, a striking new apartment tower in the heart of Chatswood

International development company <a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> has kicked off construction of the $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a>, one of the highest value developments to get underway on the Gold Coast in more than a decade.

Located on a 1.15ha site stretching from Surfers Paradise Boulevard to Ferny Avenue, Paradiso Place, when completed, will deliver 845 residences across three residential towers. &nbsp;

Paradiso Place has been several years in planning by SPG, which has now pushed the green light on construction to meet pent-up demand from investors and owner occupiers.

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[smartcode_project:default project_id=106566 project_image_fid=185858]

The move follows minor amendments to the original design to cater to buyer demand, including the provision of more premium residential amenity, including private dining, lounge and events spaces for residents to entertain guests.

The three towers, comprising 41, 40 and 44 levels, will bring to the market 845 apartments with each tower boasting its own podium level interconnected skybridge to create a unique elevated ‘beachside village’ for residents.

[smartcode_project:default project_id=106566 project_image_fid=362500]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed development will bring a broad range of residences to the market, most offering ocean views and all enjoying five-star hotel amenities with world-class facilities and the convenience ground level retail precinct.

&nbsp;

Construction of Paradiso Place has been made possible by SPG’s newly established SPG Built division partnered with experienced project management group Eastview Australia, a company that has supported the development of a raft of major projects on the Gold Coast over the past two decades.

[smartcode_project:default project_id=106566 project_image_fid=362499]

“It’s a very exciting time for Paradiso Place as we start construction,” said SPG Land Chairman David Wang.

“We have spent our energy refreshing design and assembling the best team and waiting for what we believe is the right time to start construction on one of the most exciting mixed-use developments to proceed on the Gold Coast since Oracle in Broadbeach and Circle on Cavill in Surfers Paradise. &nbsp;

“The local and interstate downsizer market is getting stronger, and we see Paradiso Place as the right project for our times right now. Our company has the capacity to deliver large-scale projects, and we are thrilled to be bringing this vision to reality.”

&nbsp;

[smartcode_project:default project_id=106566 project_image_fid=185861]

SPG Invest, a company founded in Australia in 1998 with a focus on high-end real estate and premium hospitality assets, has delivered 56 projects in the Asia-Pacific region over the past twenty-five years, including The Peninsula Hotel Shanghai and the Global 188 twin-tower project in Suzhou and Cambridge Residences at Robina.

Paradiso Place will deliver a range of new apartments with two-, three- and four-bedroom layouts, as well as a collection of sub-penthouse and penthouse apartments across three levels. Prices start from $950,000.

[smartcode_project:default project_id=106566 project_image_fid=185852]

“We have a very strong vision for Paradiso Place – we are creating a unique beachside residential community where contemporary design &amp; architecture and luxury materials combine with five star residents’ amenities and the convenience of a premium retail precinct on the ground floor”, said SPG Land CEO Dr Ying Rao&nbsp;

“We are confident that the community will recognise that this is more than just another development. Paradiso Place will bring a much-needed retail precinct and lifestyle hub to northern Surfers Paradise with premium retail, lifestyle and food and beverage options,” Said Dr Rao&nbsp;

“The retail precinct is critical to enhancing the lifestyle amenity for residents and guests, so SPG will retain control of this precinct to curate a premium retail offering that will support this thriving new community.

“SPG will also retain short-term holiday letting to control premium and luxury outcomes in line with our vision.”

Construction of Stage 1 Paradiso Place is expected to be completed by end of 2029.

[smartcode_project_cta:default project_id=106566]

Construction commences on $1.5 billion Paradiso Place development in Surfers Paradise

<a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a> has announced a partnership with Eden Brae Homes to deliver custom-designed homes at Lovedale Farm, the landmark masterplanned golf estate taking shape in the Hunter Valley wine region.

The partnership brings together two highly experienced businesses with a strong track record in quality, delivery and creating well-established neighbourhoods, and marks an important milestone in the next stage of delivery at <a href="https://www.apartments.com.au/new-townhouses/lovedale-farm-1054-1184-wine-country-drive-lovedale-nsw-2325">Lovedale Farm</a>.

As part of the collaboration, Eden Brae Homes has constructed the Lovedale Farm display home, which will officially open to the public on Saturday 21 March.

[smartcode_project:default project_id=14476 project_image_fid=362418]

The near-300 sqm display home, with four bedrooms and four bathrooms, is one of a collection of homes custom designed specifically for the project. It features a generous master suite with impressive three-metre ceilings, dedicated golf buggy parking, and a farmhouse kitchen complete with a butler’s pantry. Premium upgrades that further enhance the home include an outdoor kitchen, walk-in wine display and gas fireplace.

Pricing for homes at Lovedale Farm starts from $1.14 million for a 255 sqm, four-bed home with rumpus and double-garage on a 504 sqm lot.

The opening will give off-the-plan buyers, future residents and the broader community the opportunity to step inside the home, experience the design and finishes firsthand, and learn more about the homes and land now available at Lovedale Farm.

[smartcode_project:default project_id=14476 project_image_fid=362426]

Jim Hunter, Managing Director of Capital Corporation, said the partnership builds on a strong history of successful collaboration between the two groups.

“This is not our first collaboration. Capital Corporation has partnered with Eden Brae Homes across several successful communities, including Fairway Views and Fairway Gardens neighbourhoods at Kellyville,” Hunter said.

“Lovedale Farm represents a continuation of that proven partnership, underpinned by a shared focus on quality, delivery and creating places people are proud to call home. We are pleased to be bringing that experience to the Hunter Valley.”

[smartcode_project:default project_id=14476 project_image_fid=334205]

Arthur Ilias, General Managing Director of Eden Brae Homes, said the Lovedale Farm display home showcases the lifestyle and craftsmanship buyers can expect and marks an exciting new chapter for the project.

“Lovedale Farm presents a rare opportunity to create homes that are custom designed for their setting, with refined layouts, quality inclusions and a strong connection to the way people want to live in the Hunter Valley,” Ilias said.

[smartcode_project_cta:default project_id=14476]

Capital Corporation partners with Eden Brae Homes to offer custom-designed homes at Lovedale Farm

Aqualand Group’s new investment and development platform, Aqualand Prestige, has secured its first successful end-to-end equity investment, partnering with real estate investment group, Phoenix Property Investors (Phoenix), to deliver its new Roseville residential development.

The joint venture represents a significant milestone for Aqualand Prestige, leveraging off the group’s broader project pipeline, delivery capability and vertically integrated operating model.The transaction also marks the continuation of Phoenix Property Investors’ long-term strategy investing with capable partners to deliver high quality residential projects in Sydney and Melbourne.

Phoenix Property Investors is an established real estate asset manager with a long track record of investments across developed Asia markets including, Japan, Hong Kong, Korea and Australia, for, and on behalf of, its clients, partnering with leading local developers on residential, commercial, hotel and mixed-use projects in major metropolitan markets.&nbsp;

The Roseville project at 2-4 Larkin Street will&nbsp;comprise a part-nine, part-10-storey development with around 111 apartments. Development approval is anticipated for late March, with sales to commence later in the year.

Jin Lin, Managing Director of Aqualand Group, said the joint venture marks a defining moment for the group’s new investment delivery platform.&nbsp;

“Securing our first end-to-end equity investment under the Aqualand Prestige brand is a major milestone and a strong endorsement of the platform we’ve built," Lin says.

"It provides capital partners with the opportunity to directly leverage Aqualand’s broader development expertise, construction capability and proven track record of delivery, while allowing us to deliver smaller scale residential projects with the same level of design excellence and certainty that has defined Aqualand over the past decade.”

Trent Winduss, Partner and Head of Australia at Phoenix Property Investors, said the partnership with Aqualand on the Roseville project represents a substantial investment for Phoenix’s Australian platform.&nbsp;

“We’re excited to partner with Aqualand Prestige. The Roseville development builds on Phoenix’s strategy of aligning with best-in-class development partners to deliver high-quality, design-led residential outcomes in tightly held locations.&nbsp;

“Aqualand’s depth of experience, vertically integrated delivery model and strong record of delivering complex, high-quality residential developments made them a natural partner for us."

The Roseville project marks Aqualand Prestige’s first in a growing pipeline of medium-scale luxury residential developments across Sydney. They have two sites, on Archer Street in Chatswood and Pockley Avenue in Roseville, for future developments. In 2024 they completed AURA by Aqualand, one of the most expensive developments ever to be completed in North Sydney.

The Roseville project at 2-4 Larkin Street will comprise a part-nine, part-10-storey development with around 111 apartments



Aqualand Prestige partners with Phoenix Property Investors for new Roseville apartment development

Rural Listings

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MH Premium Farms has sold the Glaisnock mixed-farming enterprise.
<div class="cq-article-content-paras section">
The billionaire hedge fund manager Sir Michael Hintze sold Glaisnock to a local family farming group at auction.
Glaisnock currently grows wheat and canola in rotation and also supports sheep, cattle and fodder enterprises.
</div>
<div class="cq-article-content-media section">Selling agents said the land rate of $8933 per hectare achieved for Glaisnock was a district record, beating the district record by close to $350 per hectare.</div>
<div class="cq-article-content-paras section">
Glaisnock had previously been owned by David and Lynette Whitechurch.
Sir Michael, the director of his own hedge fund, CQS Management, paid about $3.5 million for Glaisnock in 2008.
Three parties competed for Glaisnock at its auction earlier this month.
It includes an extensive reticulated water system for livestock, spraying and domestic purposes as well as a homestead and cottage.
</div>
Located 26 kilometres from Young, it is in an area described as "blue-ribbon mixed-farming land".
Of the total landholding, 947 hectare (96%) is arable, while the remaining area is comprised of 20 hectares of grazing land and 16 hectares of support land.
<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/2018/10/24/Farma.jpg" alt="">
 
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Billionaire Sir Michael Hintze sells blue-ribbon Glaisnock farm for $8.8 million

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MH Premium Farms has listed the Glaisnock mixed-farming enterprise, with the property to go under the hammer next month.
The offering is a 982 hectare landholding within the south-west slopes region of New South Wales.
Located 26 kilometres from Young and in proximity to Cootamundra, Temora and Harden, it is in an area described as "blue-ribbon mixed-farming land".
MH Premium Farms, owned by Sir Michael Hintze, current production model focuses on wheat and canola in rotation, while legume pastures support sheep, cattle and fodder enterprises.
Of the total landholding, 947 hectare (96%) is arable, while the remaining area is comprised of 20 hectares of grazing land and 16 hectares of support land.
<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/2018/10/24/Farma.jpg" alt="">
CBRE’s Col Medway, Richie Inglis and Ian Robertson have been appointed to negotiate the sale of property, which is situated at 125 Glaisnock Road, Berthong.
Medway noted the property’s location, fertile soil characteristics and existing infrastructure meant it was well suited to a range of cropping enterprises and pastural improvements. 
MH Premium Farms’ Chief Executive Officer, Ed Dunn, said MHPF have owned Glaisnock for 10 years.
"It has been a great contributor to our portfolio," Dunn said.
"Our long-term manager of Glaisnock will be moving closer to Wagga to take up a senior role in our organisation.
"This has initiated the sale of the property with the funds to be reinvested in other opportunities."
Glaisnock is being offered for November 15 auction.
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Billionaire Sir Michael Hintze lists blue-ribbon Glaisnock farm

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In Mildura there have been few recent substantial sales to report on, however there are a number of large properties currently being marketed according to the latest report from Herron Todd White (HTW).
The valuation firm stated that the result of these will have to be closely watched to see the mood of buyers and whether any of the recent Federal government changes affecting foreign buyers have had any effect.
The Adveq Almond portfolio, which comprises 12,000 hectares of almond trees, originally developed by Timbercorp under a Managed Investment Scheme structure between 2001 and 2007, is being offered for sale.
"The scale of this portfolio is impressive and we expect that a number of institutional buyers will show interest," stated the report.
The agent’s comments suggest the current owners are hopeful of achieving a sale price above $300 million.
A second 'property of note' is a 1,200 hectare horticultural greenfield site at Trentham Cliffs, just to the east of Mildura.
The report noted that, this land is well suited to a variety of tree crops and is expected to receive strong interest, given the shrinking supply of available development land.
The substantial increase in rural values throughout north western Victoria over the past two to three years has seen unwelcome repercussions on council rating valuations, with many farmers reporting their local government rates have increased by up to 40% in recent years.
The fact that farm land values have appreciated to a much higher degree than all other property types is, however, hard to dispute.
The report concluded that farming lobby groups are currently working hard to change the mechanism for how rates are set.
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Supply aplenty in Mildura's rural market: HTW

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Archerfield Farm, the Hawkesbury River enterprise of entrepreneur CM Murphy, renowned for taking INXS from a Sydney pub band to the international stage, has an official $5 million asking price.
The marketing is now being conducted by the family.
Murphy bought the <a href="https://www.realestate.com.au/property-other-nsw-richmond+lowlands-7950970" target="_blank">Richmond Lowlands farm</a>, which dates to the 1820s, about 13 years ago. It is currently set up under Murphy's guidance as a polo horse breeding venture.
<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/2017/11/27/Arch2.jpg">
He recently acquired Joe Curran's broodmares including the stallion, Hermitage, adding to Chris’s branded bloodlines.
Some of Murphy's current crop are playing under Australia’s best polo players.
Set over 16 hectares, the Edwards Road property comes with a charming four-bedroom, 1930s three-bedroom home with wraparound balcony.
There’s also a four-bedroom Queenslander, plus horse barn with six stables and 12 fenced horse paddocks.
<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/2017/11/27/Arch3.jpg">
The grounds, with a 9 metre saltwater pool and cabana, come with a citrus orchard, fruit trees and an established rose garden.
Murphy, who grew up in Shellhabour, ran his late father’s theatrical booking agency with his mother in Wollongong before shifting his focus to rock music acts which included AC/DC, Marcia Hines, Cold Chisel, Skyhooks, Old 55 and The Angels.
Murphy, who first managed INXS from 1979 to 1995 and then returned in 2009, will retain his Ballina stud holding, Sugar Beach Station.
This article first appeared in The Weekend Australian. 
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INXS band manager slaps asking price on Archerfield Farm

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One of Australia’s largest irrigation properties, Gundaline Station – located in the highly regarded Southern Riverina region of NSW – has been listed for sale.
Fronting the Murrumbidgee River in NSW, the 15,000 hectare rural property suited to growing a combination of irrigated cotton, cereals/oilseeds/legumes and permanent crops such as almonds was last sold in 2014 to an institutional investor consortium led by Southern Agricultural Resources.
Over the past three years, they have more than doubled the land area under irrigation, significantly expanded and improved the water storages and irrigation infrastructure, as well as upgrading the existing irrigation land. 
The property consists of more than 6,000 hectares of highly developed furrow irrigation (over 3,500 hectares of new development), with the balance comprising land suitable for development to permanent plantings and additional furrow irrigation, and grazing land. 
The holding benefits from significant water entitlements.
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Significant irrigation property Gundaline Station hits the market

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An irrigation and mixed use farm in South Australia's south east has gone on the market featuring one of the largest single underground water entitlements for irrigation.
Cooma Park, 175 south east of Adelaide at Coonalpyn, has an entitlement to over 6,000 mega litres of underground water for irrigation and existing olive, wine grape or pine nut trees.
The property has a usable 1,900ha of which 420ha is developed to olives, wine grapes and pine nuts and a further 1,300ha is available to be developed with approximately half already containing irrigation bores. It also features a main homestead, two management dwellings, staff quarters, office, implement/storage shedding and workshop as swell as irrigation sheds.
Colliers International’s Tim Altschwager said the undeveloped land is currently used for grazing, with pastures primarily comprising veldt, primrose and ryegrass which thrive in the Upper South East climate and soil types.
“Due to the underground water reserves throughout the various basins in the region, irrigation is also a major focus and is utilised for fodder, large scale potato and onion production in addition to a number of olive growers,” he said. 
The property is for sale by expressions of interest, closing Wednesday 22 June at 4pm.
 
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Mixed use farm with irrigation entitlement listed

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Crowd funding firm DomaCom has welcomed the announcement by Treasurer Scott Morrison that the proposed sale of the Kidman Station to a Chinese consortium is “not in the national interest”.
The Kidman Station comprises 16 pastoral properties including outstations and supporting properties in breeding, feedlot and cropping. It is spread across Queensland, the Northern Territory, South Australia and Western Australia and is home to 185,000 cattle.
The Kidman land portfolio is the largest private land holding in Australia, with 1.3 per cent of Australia's total land area.
“Given the size and significance of the Kidman portfolio I am concerned that the acquisition of an 80 per cent interest in S. Kidman &amp; Co Limited by Dakang Australia Holdings Pty Ltd (Dakang) may be contrary to the national interest,” Morrison said last week in a media release.
DomaCom CEO Arthur Naoumidis said it was “pleasing” that the government had heeded public sentiment on the $370 million sale and had reached a “preliminary finding” to reject the bid by Dakang Australia Holdings. The company has until 3 May to respond.
Morrison had earlier rejected a bid by a related Chinese company, the Penxing Group.
Late last year, DomaCom launched a book-build to keep Kidman Station in Australian hands and has attracted pledges of more than $70 million from 5,000 retail investors.
“What the DomaCom campaign clearly demonstrated is that there is genuine public interest in keeping the iconic Kidman pastoral station in Australian hands, and that ‘mum and dad’ investors want to have a stake in this country’s agricultural heritage,” he said.
“Opinion polls have shown that ordinary Australians are deeply concerned about retaining our agricultural land, as well as the businesses that flow from them.”
Naoumidis says Morrison’s announcement could breathe fresh life into the DomaCom offer.
“Hopefully it will encourage more retail investors to come forward to invest in Kidman. Aside from the issue of keeping it in Australian hands, the investment reality is that under our proposal the land will be separated from the operating business, with the land expected to return about 8-9% to our investors.”
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