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 renowned Morningside property fronting the picturesque Goulburn River in Nagambie, one of Australia’s most successful thoroughbred breeding properties is back on the market.
It has been listed through Pat Rice &amp; Hawkins.
<a href="https://morningsidepastoral.weebly.com/" target="_blank">Morningside</a>, the 362ha holding has bred, trained or educated over 35 Group 1 winners, including two Melbourne Cups, having been developed by equine veterinary expert Dr Bill Burns.
The two Melbourne Cup winners were Efficient and Shocking.
There is a four-bedroom homestead is surrounded by sweeping lawns overlooking an ornamental lake at the <a href="https://www.realestate.com.au/property-cropping-vic-wahring-7938698" target="_blank">233 Morningside Road, Wahring property.</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/2015/10/12/700_morn.jpg" alt="" width="591" height="359">
Its improvements including stables, undercover day yards, cattle yards, horse conditioner, machinery and hay shedding complete the purpose-built infrastructure.
There is 6km of Goulburn River frontage.
The property has also been used as the home of the Shadai Farm Wagyu stud, which exports beef through Europe, China, Japan and North and South America.
In 1989 he acquired the Morningside property and in the mid 1990s obtained some of the first Wagyu genetics in Australia and founded Shadai Wagyu.
It was initially listed in 2015.
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Morningside, Nagambie thoroughbred stud and wagyu farm relisted 

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The former rugby league player-turn-hotelier Steve Bowden will emerge as the mystery $8.25 million buyer of the Southern Highlands estate, Wattle Ridge.
The 258-hectare Hill Top holding in Nattai was sold by publisher Matt Handbury and Clare Strang earlier this spring.
​Bowden, who played for the Newtown Jets from 1978 to 1982, recently sold two hotels, the Hurstville Ritz Hotel and Cabramatta Hotel for a $90 million total.
Labelled one of the outstanding rural estate on the Southern Highlands, the 20 hectare parcel is bounded on three sides by the Nattai National Park.
William Zuccon designed the six bedroom American Georgian style home that was completed in 1998, with interior decoration from Thomas Hamel.
An all-weather tennis court, heated pool, dressage arena with two stables and a three bedroom cottage for guest accomodation.
As a working farm its is capable of carrying 50 breeding cows and horses.
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Steve Bowden set to emerge as Wattle Ridge buyer in Southern Highlands

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The historic Cullingral at Merriwa, one of the Upper Hunter's landmark properties, has its third agency marketing the property in the space of a year.
The 208 hectare holding on the Merriwa River dates back to a land grant in 1839 to Charles Blaxland, a grandson of the explorer and pastoralist Gregory Blaxland, of Blue Mountains crossing fame. 
It was Gregory Blaxland who built the origins of the present homestead in the same year, using local sandstone. 
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The cattle enterprise comes with a three-shed poultry facility for hatching and growing of quail, operated under a five-year lease arrangement to Game Farms Australia, which generates annual lease income of $125,400.
The vendors, Brice and Bronwyn Stokes have it listed with Meares &amp; Associates.
Last year the property had $3.5 million to $4 million prices hopes however a buyer failed to emerge.
 
 
 
 
 
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jrobinson-rf4aSBido9

Cullingral, the Upper Hunter landmark, listed for sale again

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An historic 1857 Wistow, South Australia house has been listed with price guidance between $649,000 to $699,000.
Located at <a href="https://www.realestate.com.au/property-house-sa-wistow-124677354" target="_blank">12 Burwood Road</a>, the home sits on 25 acres of farmlands and bushland.
The house has three bedrooms, and features polished floors and fireplaces.
There are three main paddocks that can be used for cropping, running livestock and outdoor sports as well as being self-sufficient due to the 100,000 litres of accessible rainwater.
The CBD is 45 minutes away, while Mount Barker is 10 minutes.
The property is offered through Harcourts Adelaide Hills agents Sam Oborn and David Hankin.
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1857 Wistow, SA house listed for $649,000 plus

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A 7,103 sqm vacant building block at Mount Macedon is for sale for $400,000 plus.
Located at <a href="https://www.realestate.com.au/property-acreage+semi+rural-vic-mount+macedon-120667077" target="_blank">38 Boundary Road</a> this is a opportunity to build a dream home where a permit for planning is already in place.
It has views across the renowned Macedon Lodge which the Melbourne Cup winning horse owner Lloyd Williams listed two years ago.
The property is situated close to the Mount Macedon hotel, train station, the trading post general store and schools.
This is offered through Kennedy and Hunt agent Jason Kennedy.
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jchancellor-FAypfDUnLy

Vacant property with views across from famous Macedon Lodge

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Mt Edgcumbe in Tasmania has been listed for the first time in 50 years.
Located at <a href="https://landmarkharcourts.com.au/Property/675072/TRT0508/39678-Tasman-Highway" target="_blank">Nunamara, 39678 Tasman Highway</a> it is being marketed as a beef/prime lamb/lifestyle farm with Launceston only 15 minutes away.
The original 1850s homestead is located at the end of a 500 metre driveway.
It sits on 40ha of excellent pasture.
The home has also been extensively renovated ten years ago on top of the hill, surrounded by garden.
There's the shearing shed, cattle yards, machinery shed and hay barn. Many of the original stone wall fences remain intact as well as the water troughs in all the paddocks.
Offers close on 25 November through Harxourts agent Michael Warren.
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Mt Edgcumbe, Tasmanian homestead for sale 

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Terinallum, originally settled by the Clyde Company in 1846 in Victoria’s Western District, is up for sale.
It has been listed by stockbroker John McIntosh and wife Marita after 27 years ownership through Colliers International agent Shane McIntyre and Tim Altschwager. There's unconfirmed suggestions it could fetch $30 million plus.
<a href="https://www.realestate.com.au/property-livestock-vic-darlington-7856010" target="_blank">Terinallum</a> is a 3,240 hectare property near Darlington, productive with fat lambs, wool production, beef and cropping. There's also been diary adjistment.
With lawns down to Mount Emu Creek, the bluestone homestead is surrounded by three ha Open Garden Scheme acclaimed grounds with dry stone walls, an 80m wisteria walk, a reflection pool, tennis court, croquet lawn and hothouse. 
There's guest cottages and the 1850s bluestone woolshed with 12 stands. 
Terinallum was once the property of Aspro heir Lindsay Nicholas and his wife, Hephzibah Menuhin, a virtuoso pianist and sister of the great violinist Yehudi Menuhin. Offers close November 30.
“Terinallum is a rare jewel in the state of Victoria,” McIntyre said.
“Seldom do rural properties of such high calibre come to the market.
“Not only is this one of Victoria’s most significant historical properties, it also offers productive versatility of fat lambs, wool production, beef and cropping in an area highly regarded for its reliable seasons.”
<img src="/images/2016/10/18/Terrinallum2.jpg" alt="">
Terinallum, originally settled by the Clyde Company in 1846, is well located with 24km of frontage to Mount Emu Creek. 
Reliably watered by natural springs, the property has been astutely developed with centre pivot irrigation enabling Lucerne and fodder production supporting 17,000 sheep (including lambs), 550ha of winter crop and up to 500 dairy agistment cattle per year.
It is fenced into 60 paddocks, with a central laneway system, and formed roads throughout the property, 
Soils comprise a combination of sought after dark alluvial loams and well drained volcanic basalt plains, with the cropping land typically supported by 600mm rainfall zones.
<img src="/images/2016/10/18/Terrinallum3.jpg" alt="">
“Over the past 12 months, this region has seen a sharp upswing in arable land values on the back of renewed corporate interest in the district, tight supply of listings and a ‘flight to quality’ from institutional investors as well as favourable key agricultural indicators,” Mr McIntyre said.
“Record low interest rates, a favourable exchange rate, an unprecedented number of Free Trade Agreements with our global trading partners, record beef prices, surging lamb values, and an improving wool market have combined to create a platform of strong domestic and international interest in primary production rarely seen before.
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Historic Terinallum, Western Districts farm offering

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An award-winning 565 hecatare property an hour's drive from Brisbane and the Gold Coast has been listed for sale, price undisclosed.
The property, named Wirraway, 351 Armstrong Road Biddaddaba, has been renovated since purchased by current owners in 2012.
The impressive estate includes a four bedroom mansion with a grand ballroom, wine cellar, home cinema, fully equipped gymnasium and library; a 30 metre pool with roof mounted automated diving board; two guest houses and tennis court with an indoor air conditioned viewing area; two aircraft hangars, a private 1km airstrip and a large machinery shed.
The property is being marketed by Ben Forrest, Debra Cullen and Rawdon Briggs of Colliers International via an international expressions of interest campaign closing 11 November.   
The renovations undertaken in 2012 by Carpentology Group Pty Ltd has won them the Master Builders House of the Year award in 2014 on the Gold Coast. The property won the CEDIA Best Integrated Home and Clipsal &amp; Schneider Best Residential Project for its computing system
“Originally this property had a large scale four bedroom traditional homestead with a ballroom which was in disrepair. Both the property and the home needed major renovation,” said Mr Forrest.
“The owners demolished old buildings and finished off existing structures like the aircraft hangars. Just about everything in the house was custom made, they wanted top quality in every part of the renovation, and done perfectly.   
“The house features highest quality finishes such as imported Italian cornices in the ballroom, iron bark flooring, Catherine Martin wall paper and European appliances. 
“The IT system manages many of the property’s features including the CCTV, gatehouse and security, home entertainment, fireplaces, irrigation, energy management and lighting.  
“The remainder of the property is utilised as a stud cattle operation, running Droughtmaster cattle. The land is made up of 565ha comprising irrigation land, improved pastured grazing land, improved pastured timber grazing, scrub as well as buildings, grounds and airstrip.”
 
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jonathanchancellor-7SQnKwU6yx

Award-winning Wirraway rural estate for sale

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MH Premium Farms (MHPF), the Australian agricultural investment group of UK-based hedge fund founder, Sir Michael Hintze, has bought Deltroit, the Gundagai district farm.
The 2573 hectare Mundarlo property was offered for sale to wind up the agricultural portfolio of the Brisbane-based Australian Pastoral Group who had bought Deltroit in 2012 from  Anthony Crichton-Brown.
No price has been disclosed for the latest sale, but Inglis Rural were expecting $18 million to $20 million
MHPF’s properties now cover more than 50,000ha, mostly NSW, but also North Queensland, where MHPF spent $9 million recently on expanding its irrigated sugar farming operations at Ayr.
Deltroit will be used by MHPF to grow prime lambs, cattle and crops.
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Billionaire Michael Hintze buys Deltroit

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The long-held Mittagong home of retired politician Peter Garrett and wife Doris has finally sold, for around $2.8 million.
The couple have been trying to Rowe Cottage ever since they paid $2.7 million in March last year for a do-up in Paddington.
The renovation is set to have space for a music studio at the rear as Garrett revealed last year that he started writing songs again.
The former Labor MP fronted the classic Aussie rock band Midnight Oil from 1973 until 2002.
Peter and Doris owned the historic Mittagong residence for over two decades, having paid $531,000 for the 5.8 hectare property in 1995.
They renovated the Queen Anne Federation home, adding a tennis court, cricket pitch and separate guest cottage.
It sold to a local couple not far from the last asking price of $2.95 million. It was initially listed with $3.3 million hopes through John Renouf at Drew Lindsay Real Estate.
 
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