Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Rural Trophy

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The June auction of 3222 Kyogle Rd, Mount Burrell drew a massive 52 online interested buyers, which Ray White calculated as topping the leaderboard for most registered bidders on any property they offered in 2020.

The 259 ha property, Tallowwood sold for $2 million through Ray White Rural Murwillumbah agents Brad Franks and Stewart Baericke at an auction conducted by Ray White NSW chief auctioneer Alex Pattaro.

The Mount Burrell property received 224 enquiries with the agents conducting 96 inspections. 

It is located 63kms from the Gold Coast Airport and 73kms from Byron Bay, marketed as one of the larger Tweed Valley landholdings.

There was freshwater Tweed River frontage, high rainfall and a number of dams.

The original three bedroom dwelling was in poor condition.It was a joint listing with Christie's Prestige agent Alex Caraco.
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The auction drew 52 online interested buyers, which Ray White calculated as topping the leaderboard for most registered bidders on any property they offered in 2020.

urban.com.au

 Mount Burrell 259 hectare trophy holding sold for $2 million

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Merribee, which has been a popular wedding setting for over 15 years at Numbaa, on the NSW South Coast has been listed for sale.
Merribee's <a href="https://www.realestate.com.au/property-acreage+semi-rural-nsw-numbaa-130915254" target="_blank">autumnal gardens</a> were once part of Alexander Berry's 100 sqm mile estate. 
<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/2019/4/8/Mer3.jpg" alt=""> The gardens feature seasonal veggies, herbs and fruits, flowering plants and trees.
Over the last 20 years, the owners have created a landscape reminiscent of a grand estate from Victorian times.
<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/2019/4/8/Mer2.jpg" alt="">
It has successfully hosted continuous weddings and functions for over 15 years and has a full book of business through to the end of 2020. 
It offers the ultimate lifestyle and has a full book of business through to the end of 2020.
This article was first published in the Sunday Telegraph.
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Merribee garden estate listed on the NSW South Coast

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Nooken Farm, the Victorian rural estate run by the late Victorian Solicitor-General, Hartog Berkeley has been listed for sale.
It comes with $10 million price hopes through Elders.
The 378-hectare Thornton property is near the township of Alexandra in the Yarra Ranges.
It has operated as a renowned Hereford Poll stud farm since the late 1970s. There's two cattle yards, a machinery shed and workshops.
Its modern homestead complex offers views over the Rubicon Valley at 1235 Taggerty-Thornton Road.
It features a 20 metre solar-heated swimming pool.
The listing comes after the death of Berkeley in 2017, aged 88.
 
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Hartog Berkeley's Nooken Farm, Thornton listed with $10 million hopes

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A Tyabb property next to an airport with hangar space for eight aircraft has been listed for sale.
The <a href="https://www.realestate.com.au/property-acreage+semi+rural-vic-tyabb-127826058" target="_blank">62 Stuart Road acreage </a>also comes with a three-bedroom house. <a href="https://www.realestate.com.au/news/langwarrin-storybook-cottage-finds-faraway-buyer/" target="_blank"> </a>
<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/2018/9/10/e01f969d2a204228aa2bc2479fc07f82.jpg" alt="">
The 2 hectare property has a $1.38-$1.5 million price guide through Harcourts JT &amp; Co agent Dowler.
It has direct access onto the taxiway.
The airport is used mainly for recreational and training purposes.
Tyabb's median house price is around $542,500, according to CoreLogic figures. 
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Tyabb property with aircraft hangar flies on to the market

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Trelawney at Berrima has been listed for the first time since it was built.
The one level home sits on <a href="https://www.realestate.com.au/property-house-nsw-berrima-128454290" target="_blank">the 40 hectare property</a>.
It was built in 2016 after the holding traded for $950,000 in 2011.
It has four bedrooms, three bathrooms and a media room.
The open plan dining and lounge rooms feature a double sided stone wood fire.
The alfresco and outdoor entertainers terraces overlook the rolling countryside.
Di Jones agent Lisa-Marie Cauchois advises the infrastructure on the property will appeal to buyers looking to farm on the land.
There's five well maintained paddocks, three dams, a two bay shed plus a stable.
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Southern Highlands trophy home Trelawney listed for first time

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<a href="https://www.realestate.com.au/sold/property-lifestyle-nsw-berry+mountain-7927978" target="_blank">Glenworth</a>, Berry Mountain set on 98.8 acres, has been sold for an undisclosed amount to an undisclosed buyer last month.
Marketed as "possibly the most prestigious, stately residence in the district" it is placed in a unique location on Berry Mountain, overlooking Berry and beyond to the sea (pictured above).
Glenworth is a Victorian two storey home (pictured below) built in 1880 by James Wilson, the esteemed first mayor of Berry.
<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/2018/7/5/Berry%202.jpg" alt="">
With extensive outbuildings and sufficient shedding to store all forms of farm machinery, this property is both residence and a rural holding that is divided into 7 grazing paddocks.
Two small creeks emerge from sources on the property upon which a 2nd dwelling, previously a caretakers cottage, set well apart from the main holding resides, providing the opportunity to create a private home for visitors or holiday letting.
Glenworth was previously held by one family for 67 years.
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Berry Mountain trophy home, Glenworth sold

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Autumn Park, the luxury Mittagong retreat, has sold following its transformation by Sydney northern beaches architect Mike Hale.
It had a price tag of $5 million, which if achieved, would be the highest price paid in the small Southern Highlands grazing district in seven years.
Hale's renovation and extension came in 2015 costing well over $800,000.
The re-imagined rustic brick barn with old wharf timbers is now a cutting edge home with a contemporary butterfly roofed pavilion extension.
<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/2018/6/25/autumn2.jpg" alt="">
Upstairs in the barn structure are all four bedrooms.
Two sit at one end of the home, both with Juliet balconies overlooking the countryside, while the other two have their own private decks.
The master suite's deck features its own spa plunge pool.
In the modern front section of the home there's a games room with bar, a living room with feature wood fireplace and a media area with inbuilt projector and drop down screen.
<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/2018/6/25/autumn3.jpg" alt="">
A tennis court, dressage arena and four paddocks sit in the 40 hectare grounds. 
Sarah Wotton and Geoff O'Reilly at Highlands Property Bowral had the listing for the vendors Peter and Gerda Williams who are now based in New Zealand.
Williams’ professional director duties expanded from the boardrooms of EBOS Group and CB Norwood last year to include NZX-listed pharmacy operator Green Cross Health.
This article was first published in the Weekend Australian.
 
 
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jchancellor-FAypfDUnLy

Autumn Park at Mittagong sells after $5 million hopes

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Greg Walker, the chief executive of ASX-listed mining company Birimian, and Roslyn Ross have listed their South Australian home set in the Adelaide Hills.
Their <a href="https://www.realestate.com.au/property-house-sa-hahndorf-127479830" target="_blank">East Glen estate</a> spans 42.5 hectares at Hahndorf.
It includes two substantial homes. The main residence was designed by Adelaide architect Robert G Williams.
The main Palladian-style residence has two bedrooms, two bathrooms and multiple living spaces with high ceilings and classical detailing.
The second home has four bedrooms and three bathrooms. The property includes shedding, stabling and cattle yards.
Chris Weston of Raine &amp; Horne Oakbank is fielding expressions of interest seeking $4.85 million.
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firstname1-iYD4UYzvBa

Hahndorf estate, East Glen listed by SA mining chief executive

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Nardoo, a Riddells Creek country property in Victoria's Macedon Ranges has been listed by Dr Paul Carter, who published memoirs in his book Tales of a Country Doctor, then his 2014 publication, Further Tales of a Country Doctor.
Since being taken up in the late 1880s, the 165 hectare estate has owned by only a few.
Ivor Manton, one of two brothers who ran the then prestigious Manton's department store, was a prior owner.
During World War II prisoners of war were kept at the property. Four Italian prisoners worked on the farm during the day and were locked-up in the upper storey of an outbuilding at night.
Nardoo is split up in to three lots and has three houses, stables, a tennis court and a three hole golf course. The custom-built main house was designed by Alistair Knox in the 1970s.
Kennedy &amp; Hunt agent Jason Kennedy <a href="https://www.realestate.com.au/property-mixed+farming-vic-riddells+creek-7949998" target="_blank">has the listing</a> with $4 million to $4.4 million hopes.
This article was first published in the Weekend Australian.
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Country Doctor writer lists Macedon Ranges property

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Mandalay, a 77 hectare estate in Exeter in the NSW Southern Highlands, has been listed for sale.
Its comes with a guide of $10 million to $11 million.
It's been listed by investment banker Chris Fullerton and his wife Judith. The couple commissioned the British-Colonial-style residence shortly after paying $300,000 for the cattle-grazing property in 1991.
Set in gardens landscaped by James Pfeiffer, <a href="http://www.christiesrealestate.com/eng/sales/detail/170-l-86-f1711200838700008/mandalay-magnificent-77ha-southern-highlands-estate-exeter-ta-2579" target="_blank">Mandalay has seven bedrooms</a>, seven bathrooms a custom built sauna and 3,800 bottle wine cellar.
<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/2018/2/12/mandalay%202.jpg" alt="">
It was inspired by a 1900s grand mansion the Fullerton's saw in Singapore.
A three bedroom caretaker's cottage, north-south tennis court, croquet lawn, walled rose garden and orchard sit on the parcel.
Christie's International agents Ken Jacobs and Bruce Eason are marketing the home.
<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/2018/2/12/mandalay%203.jpg" alt="">
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