<a href="https://www.apartments.com.au/developments/collingwood-vic-3066">Collingwood</a>’s northern edge continues to sharpen its reputation as one of Melbourne’s most compelling cultural precincts, where established creative institutions, leading hospitality, and independent fashion converge within a tightly held inner-city neighbourhood.

Set within this evolving pocket, <a href="https://www.apartments.com.au/new-apartments/derby-street-by-milieu-collingwood-4-derby-street-collingwood-vic-3066">Derby Street by Milieu</a> draws on a location that balances proximity to some of the inner north’s most influential destinations with the quieter, tree-lined character that defines the streets edging East Melbourne. Positioned just moments from both Smith and Gertrude Streets, the address sits on the periphery of Collingwood’s cultural core, offering immediate access without the intensity of its busiest frontages.&nbsp;

[smartcode_project:default project_id=145576 project_image_fid=355945]

Gertrude Street, in particular, anchors the area’s identity as a destination for Melbourne’s leading food, art and fashion. Within a short walk, venues such as Marion, Cutler &amp; Co, IDES and the Builders Arms Hotel define a tightly curated dining scene with enduring citywide appeal, complemented by a strong fashion and retail presence including Havn, Le Labo and a selection of independent boutiques.

Nearby, institutions such as the Australian Print Workshop and Collingwood Yards sustain a constant rhythm of exhibitions, performances and creative output, embedding art and culture into the everyday fabric of the neighbourhood.

Smith Street, running parallel, extends this offering with a broader mix of hospitality and nightlife, maintaining its status as one of Melbourne’s most active inner-urban strips.

Beyond these high-energy streets, the immediate surrounds shift in tone. Derby Street and its neighbouring blocks are defined by low-rise heritage terraces, mature trees and a settled residential character. Fitzroy Gardens and Carlton Gardens are both within walking distance, alongside the Royal Exhibition Building and Melbourne Museum, bringing together green space and cultural landmarks within minutes of home.

[smartcode_project:default project_id=145576 project_image_fid=355985]

Connectivity remains a key advantage. The CBD sits within easy reach, accessible by tram along Smith Street in around 20 minutes, while also remaining close enough to walk or cycle, supported by the inner north’s established bike network.&nbsp;

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s long-standing connection to Collingwood underpins the project’s approach. With a portfolio that includes multiple nearby developments across Bedford, Peel and Napier Streets, the developer brings a sustained understanding of the area’s character and evolution. Derby Street continues this trajectory as a collaboration with award-winning Melbourne-based <a href="https://www.apartments.com.au/architects/studio-bright">Studio Bright</a>, marking the practice’s first multi-residential project in the inner north and reflecting a shared focus on design integrity and contextual response.&nbsp;

Balancing connection to the neighbourhood with a sense of seclusion and refuge, Derby Street by Milieu embodies a level of care and craft typically reserved for single residential projects. Comprising 22 residences across six storeys, with two to four-bedroom configurations priced from $1.15 million, the project is currently under construction with completion expected in late 2027.&nbsp;

[smartcode_project_cta:default project_id=145576]

Joel Robinson

Derby Street by Milieu, at the top end of Collingwood

A rare new apartment development in the Blue Mountains is the latest in a string of State Significant Development Applications submitted through the New South Wales Government's Housing Delivery Authority.

A total of 270 apartments are being proposed for the 1.16-hectare site at <a href="https://www.apartments.com.au/new-apartments/blue-mountains-alpine-retreat-142-150-narrow-neck-road-katoomba-nsw-2780">142–150 Narrow Neck Road in Katoomba</a>, a parcel of land adjoining the former Katoomba Golf Course. The site was acquired for $3.85 million in 2021 by private developer VDM Prime.

The apartments, comprising a mix of serviced apartments, affordable housing, and traditional build-to-sell product, will be spread across eight low-rise buildings, along with a separate building for a new restaurant, arranged around a green spine that leads to a central park.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="ee9a2072-f465-44f1-9076-80c9c8ecca02" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.20.21%E2%80%AFAM.png?VersionId=4bT0vQ7j_syl65wcrJmHGm3m5pTvwrY_" />

The Urban Design Report by Atlas Urban says the vision is to create a "contemporary mountain precinct that is responsive to its escarpment landscape, heritage character, and community context."

"The development responds to the current housing supply and affordability challenges identified under the NSW Housing Delivery Authority (HDA), providing a balanced mix of standard, affordable, and short-stay accommodation," the report noted.

"By introducing a variety of dwelling types and tenures, the proposal supports intergenerational living, local workforce retention, and greater housing choice within an area constrained by topography, heritage, and environmental protections."

Of the 270 units proposed, 52 will be serviced apartments. The remainder will comprise 54 studios, 121 one-bedroom units, 39 two-bedroom apartments, and four three- to four-bedroom residences.

<img alt="Katoomba" data-entity-type="file" data-entity-uuid="f704508d-1bdf-4170-955d-0256652402a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-22%20at%209.56.49%E2%80%AFAM.png?VersionId=TzarHMO4gTOsblCqsbJQkvMqWj9nu2Au" />

The Design Report, by VDM Prime and appointed architect Antoniades Architects, noted that the design seeks to "provide a built form outcome that is highly considered, respectful and contextually fitting, whilst contributing positively to an evolving precinct."

"The site offers three frontages and the opportunity to provide a meaningful interface with the public domain environment. the design has a sympathetic response to streetscape and the green open space that surrounds the site."

The report states that the buildings are broken up to establish an appropriate bulk and scale, emphasised through height and setback strategies and defined through articulation that supports the transition of precinct granularity. It also notes that a central communal open space is established through the site to enhance the social dynamic and access to amenity, including natural ventilation and light to the apartments. The east and west frontages receive solar access during the morning and afternoon, whilst maximising views to the green open space.

The site adjoins the recently completed Yarrabee Katoomba development, comprising 24 duplexes that were completed last year and sold through McGrath Projects.

The relatively new Housing Delivery Authority pathway established by the NSW Government allows developers to submit State Significant Development Applications through a fast-tracked state process, effectively reducing reliance on local council approval pathways and aiming to accelerate housing delivery across New South Wales.

First look: Nearly 300 apartments pitched on former Katoomba golf course site

In Melbourne’s established inner east, the qualities that define a traditional house, width, height, and access to open ground, are increasingly difficult to replicate in new residential developments. Larger landholdings are scarce, and with them, the ability to create apartments that extend beyond compact, internalised layouts.&nbsp;

In <a href="https://www.apartments.com.au/developments/kew-vic-3101">Kew</a>, where the residential fabric is shaped by generous setbacks and mature tree canopies, that tension is especially visible.

<a href="https://www.apartments.com.au/developers/ricdanic-investments-pty-ltd">Ricdanic</a>&nbsp;is bringing forward a boutique collection of just 13 residences across two buildings at 9–11 Wimba Avenue, Kew. Comprising six homes at No.9 and seven at No.11, the project sits on a quiet, tree-lined street just off Cotham Road.&nbsp;

Each apartment has been planned with a level of independence more commonly associated with standalone dwellings, balancing privacy with the efficiencies of apartment living.

Architect Chris Idle, who has been practising for over two decades, says projects like this don’t come along often.

“There are very few opportunities to do these kinds of developments in leafy, established suburbs,” he explains. “To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare.”

[smartcode_project:default project_id=140755 project_image_fid=366267]

The internal planning begins with width. Living areas extend beyond five metres, allowing furniture, circulation, and glazing to sit comfortably within the same zone without compression. Ceiling heights shift from three metres through to five metres in select areas, changing the sense of scale as you move through the apartment. These proportions are paired with double-glazed windows and fully electric systems, balancing volume with performance, supported by a 7.2 NatHERS energy rating.&nbsp;

From the main living space, the apartments open directly outward. Large sliding doors connect to private gardens averaging 125 square metres, with some residences also incorporating balconies of around 60 square metres. Rather than acting as secondary outdoor zones, these areas sit flush with the internal floor level, extending the usable footprint of the home and allowing for multiple modes of use, whether for quiet daily routines or larger gatherings.&nbsp;

The landscape, led by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, reinforces this relationship. Across the site, 23 different plant species have been introduced, including a mix of native and established varieties, arranged to maintain privacy while preserving sightlines and light access. Gardens are not treated as decorative buffers but as functional extensions of the apartments, shaped to accommodate movement, seating, and informal use over time.&nbsp;

[smartcode_project:default project_id=140755 project_image_fid=366265]

Architecturally, the project draws from Kew’s historic residential language. Handmade bricks by Krause define the exterior, grounding the buildings within the material palette of the suburb, while interior finishes, stone, timber flooring, and restrained detailing, continue this approach internally. Architect Chris Idle describes the intent as long-term rather than stylistic: “We wanted it to feel timeless.”&nbsp;

This emphasis on durability extends to how the buildings are accessed and secured. Entry is managed through keyless systems, with a double-gated basement incorporating number plate recognition for vehicle access. Each residence is paired with a private lock-up garage accommodating two to three cars, alongside storage, while all entry points are monitored continuously. These measures sit alongside EV readiness and fully electric infrastructure, aligning the project’s operational systems with its long-term design outlook.&nbsp;

The setting remains central to how the development is experienced. Located within walking distance of Kew Junction and close to established schools including Carey Grammar and Xavier College, the address benefits from existing infrastructure while maintaining a residential quietness that is increasingly difficult to find at this scale.&nbsp;

Construction is being delivered by <a href="https://www.apartments.com.au/builders/sinjen">Sinjen</a>, with a 10-year structural guarantee, with completion targeted for mid-2027.

[smartcode_project_cta:default project_id=140755]

Inside Wimba Ave, Kew’s garden-scale residences designed for space and permanence

High-end Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a> has secured approval for one of its latest Mosman projects, one of the first developments approved by Mosman Council under the NSW Government’s Low and Mid-Rise Housing Policy.

The approval represents an important step in delivering well-considered housing next to established village locations on Sydney’s Lower North Shore, in line with the intent of the Low and Mid-Rise zoning framework. 
&nbsp; 
There are currently 13 other sites lodged within Mosman Council under the policy, with <a href="https://www.apartments.com.au/new-apartments/27-29-heydon-street-mosman-nsw-2088">Heydon Street</a> among the first to receive development consent. 
&nbsp; 
Abadeen Founder and Executive Chairman Justin Brown said the project reflects a considered and appropriate response to its planning context. 
&nbsp; 
“This approval demonstrates how carefully considered, design-led development can align with the objectives of the Low and Mid-Rise Housing Policy," Brown said.

"The scheme has been designed to respond sensitively to its village setting, with a built form, scale and level of amenity appropriate to its local context. The determination reflects a balanced and considered planning outcome, with Council recognising the capacity for this site to accommodate additional housing within a well-located and established precinct.”

<img alt="Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman" data-entity-type="file" data-entity-uuid="92811ce3-02e8-44fc-996e-c61ae039bd3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Heydon%20Street%20Aerial.jpg?VersionId=ZHJVuWQT64QcdrFJx963pFWFzTX7lI2I" />

The Heydon Street approval followed extensive consultation with Mosman Council, with Abadeen working closely with Council throughout the assessment process.

The approved scheme comprises 27 residences, with only four per floor, creating a low-density living environment. The building will include four half-floor penthouses designed to capture views across Middle Harbour, Sydney Harbour and the surrounding district.&nbsp;

The project is expected to appeal to downsizers and owner-occupiers seeking house-like proportions, privacy and local convenience. There will be north-facing Middle Harbour views from the second level upward. It is also just a flat 100-metre walk to Bridgepoint Shopping Centre, which will appeal to owner-occupiers and in particular downsizers.

Two-bedroom residences are expected to be priced from $1.99 million when sales launch later this year. 
&nbsp; 
Joe Tack, CEO at Abadeen, said the outcome reflects both the quality of the site and the broader need for well-located housing. 
&nbsp; 
“This is a highly considered site within a highly established local setting, offering elevated views and strong connectivity. The project has been designed to respond to that context, delivering a scale and quality of housing aligned with both the planning framework and evolving market demand.” 
&nbsp; 
“This approval is particularly significant in the context of Mosman, where new housing supply has historically been limited. While it represents the first approval of this scale in Mosman to be achieved in over 50 years, it is importantly located within a well-established residential location, in close proximity to the established commercial amenity of Spit Road and Mosman Village. It reflects strong confidence in Abadeen’s approach to design, delivery and community integration, while contributing to the delivery of much-needed housing in a highly constrained market.”

Abadeen has an established track record across Sydney’s Lower North Shore, with recent completions including KOYO in Crows Nest and ENSO in Neutral Bay.

In Mosman, Abadeen recently completed The Hampden, with Mosman Residences on the corner of Spit Road and Clifford Street scheduled for completion later this year. Construction has also commenced at Burran Residences, comprising three full-floor ultra-premium homes positioned just 50 metres from Balmoral Beach, with residences expected to achieve prices in excess of $20 million. Two further projects are also progressing through planning within the local government area.

Abadeen secures first approval under low and mid-rise housing policy for Heydon Street, Mosman apartment development

Apartment developer <a href="https://www.apartments.com.au/developers/martello">Martello™</a> is one of the latest entrants to the Gold Coast development market, with its debut project set to be one of the most boutique offerings on Chevron Island in recent years.

Martello has unveiled <a href="https://www.apartments.com.au/new-apartments/aere-chevron-island-18-20-mawarra-street-chevron-island-qld-4217">Aere Chevron Island</a>, a collection of 33 large-scale two-, three-, and four-bedroom apartments across an 18-storey building on Mawarra Street.

[smartcode_project:default project_id=143932 project_image_fid=367517]

The developer has placed a strong emphasis on wellness, briefing architecture firm Raunik Design to embed this philosophy into the project. It is a direction <a href="https://www.apartments.com.au/developers/martello">Martello™</a> plans to carry through its future developments along the coast.

<a href="https://www.apartments.com.au/developers/martello">Martello™</a> has positioned Aere as a continuation of its human-centric development approach, with a focus extending beyond amenity to the fundamentals of layout, natural light, and spatial planning. Promax Construction has already been appointed to deliver the project, with construction expected to commence in the coming months as part of the group’s broader expansion into South East Queensland.

Rising above the low-rise fabric of Chevron Island, Aere’s design emphasises generous internal proportions and uninterrupted outlooks, with residences oriented to capture coastal, skyline, and waterway views. Interiors prioritise open-plan living, with large-format glazing and carefully considered transitions between indoor and outdoor spaces.

[smartcode_project:default project_id=143932 project_image_fid=367508]

The upper levels are dedicated to larger-format homes, including four-bedroom residences designed as half-floor offerings. These layouts prioritise separation between living and sleeping zones, along with increased privacy and storage, features more commonly associated with detached housing than traditional apartment product.

Aere’s private resident amenity spaces centre on wellness. A rooftop level will incorporate a heated swimming pool, sauna and spa, alongside a residents’ lounge, dining areas and barbecue spaces, while additional shared facilities throughout the building include a gym and yoga area.

The inclusion of both social and quieter retreat spaces reflects a broader shift in higher-end apartment design on the Gold Coast, where developers are increasingly responding to owner-occupier demand for buildings that support long-term living rather than short-stay use.

[smartcode_project:default project_id=143932 project_image_fid=367814]

Aere is positioned within walking distance of Chevron Island’s village centre along Thomas Drive, as well as the HOTA cultural precinct via the Green Bridge, connecting residents to parklands, galleries, and event spaces.

For <a href="https://www.apartments.com.au/developers/martello">Martello™</a>, Aere represents the first in a series of planned Gold Coast developments, with the group also exploring opportunities in other coastal precincts, including Kirra and Palm Beach.

The move north comes as sustained population growth and infrastructure investment continue to reshape South East Queensland, with developers increasingly targeting boutique, design-led projects in established lifestyle pockets. Aere’s relatively small scale and emphasis on spatial quality position it within this emerging segment of the market.

[smartcode_project_cta:default project_id=143932]

Martello™ enters Gold Coast market with wellness-led Chevron Island development Aere

Ryde

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="433" height="117">
SPONSORED POST
One of Australia’s fastest growing diversified property company’s CWG Development (formerly Chiwayland) has purchased one of Ryde’s most prominent prime locations situated at 771–775 Victoria Road.
The company has recently launched an iconic structure on the site known as Stellar Ryde, designed by award winning architects SJB.
Jennifer Loh, head – sales and marketing for CWG Development, comments: “CWG purchased the site in February this year and knew it had the potential to become something very special. Its central location in one of Sydney’s fastest growing areas has made it very appealing due to its accessibility to major shopping precincts, transport links and employment hubs including Epping, Eastwood, Macquarie Park and Sydney’s CBD.
“Stellar Ryde is located at the gateway to Ryde and will set a new benchmark for sophistication in Ryde. It represents the epitome of luxurious living in a green suburban metropolis. SJB has designed a striking bold structure and beautiful interiors, supported by leading engineers, builders and town planners to help bring CWG Development’s vision to life.”
CWG Development entered the Australian market in 2014, supported by its parent company CWG International Limited, which is listed on the Singapore Stock Exchange, and ranked as one of the top 100 real estate development enterprises in China.
In a very short period of time the company has become one of the leading property developers in Australia, delivering residential apartments and mixed use developments across both Sydney and Brisbane. The project value is currently in excess of $1.1 billion with total sales exceeding $340 million. 
Loh added: “The company’s future is looking very bright in this great country. CWG Development will continue to expand its property portfolio and seek well located sites in growth suburbs like Ryde to develop quality projects that will enhance the communities where they are located.”
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm.
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CWG Development expands into Ryde

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="437" height="118">
SPONSORED POST 
Acclaimed architects SJB has revealed its latest signature design  – Stellar Ryde which is an $80 million development located in the heart of Ryde.
Ninety five luxurious apartments are spread across two towers reaching nine and five storeys high with prices starting from $599,000 for a one bed.
Gabrielle Suhr, associate SJB Architects, comments: “Bright metallic ribbon like balustrades wrap and shimmer around the solid exterior which brings an element of movement to the façade. The contoured and geometric architecture establishes a unique street presence. 
“Stellar Ryde’s striking grand forms feature a unique blend of colours, with radiant orange on lower levels ascending to yellow and white as the building meets the sky. Bronze louvres and charcoal renders support the autumn colour palette to unveil a distinctive and smart design.
“The interiors reflect the playfulness of the façade with the majority of the apartments enjoying light spanning the depth of the spaces. Shelving details in bright colours bring a touch of the signature yellow into the apartments, while a colour palette of elegant navy and white joinery options bring a crispness to the interiors that are framed by the bronze coloured window details.”
Stellar Ryde comprises 38 one beds, 53 two beds and four three beds. Nine floor plate options are on offer and 24 apartment types. Landscaped gardens and outdoor living areas will also support Stellar Ryde in addition to 208 square metres of retail space on the ground level. Building A also features a roof top terrace with a BBQ and picnic area for recreational activities. Also, 121 car spaces are included in the project (95 residential, 19 visitors, seven retail).
The spacious apartments boast floor to ceiling windows, open-plan layouts, chic modern kitchens with island benches and glazed splashbacks and splendid views of the district and city skyline from most apartments. 
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm.
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SJB presents its stunning Stellar Ryde design

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="426" height="115">
SPONSORED POST
Ryde, which is the third-oldest settlement in New South Wales behind Sydney and Parramatta will soon be given a new lease of life with the emergence of Stellar Ryde.
Construction is expected to start early in the new year on Stellar Ryde, which comprises ninety five luxurious apartments across two towers reaching nine and five storeys high.
Jennifer Loh, head – sales and marketing for CWG Development, comments: “Ryde is an area that is steeped in history and is surrounded by great infrastructure with an abundance of entertainment, shopping and recreational facilities for the locals to enjoy. Its tree lined streets merge with traditional family sized homes and new dwellings to suit buyers of all ages and demographics.
“Stellar Ryde will bring a new level of sophistication to this beautiful suburb which is peppered with lifestyle choices. Whether you are seeking to go for a walk, run or swim there is an abundance of options. Ryde’s Aquatic Leisure Centre was home to the 2000 Sydney Olympics and is a favourite venue, enjoyed by the entire community.”
Prices start at $599,000 to $675,000 for one bed (52-59 square metres internal), two beds are priced from $810,000 to $940,000 (75-80 square metres internal) and three beds are priced from $999,000 to $1.16 million (97 square metres internal). All apartments include parking and most enjoy a Northerly aspect. 
Stellar Ryde is located within 1.5 kilometres to West Ryde and Meadowbank train stations and several bus stops are located along Victoria Road which connect to the city. Top Ryde City Shopping Centre, Ryde Aquatic Leisure Centre, Ryde Park and Meadowbank Memorial Park also easily accessible.
Rhodes is a 3.7 kilometre commute, Eastwood is 4.4 kilometres, Concord Hospital is 4.7 kilometres, Macquarie Park is 5.8 kilometres and the Sydney CBD is 13 kilometres.
There are also several excellent schools in the near vicinity including Ryde Public School, St Charles Catholic Primary School, Northcross Christian School and Gladesville Public School.
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm.
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Luxurious living comes to Ryde

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="452" height="122">
SPONSORED POST
CWG Development (formerly Chiwayland) has unveiled its latest boutique project – Stellar Ryde, a stunning $80 million structure designed by award winning architects SJB. 
Located in the heart of Ryde’s central business district on Victoria Road minutes to Top Ryde Shopping Centre, Stella Ryde comprises of 95 stunning apartments spread across two towers reaching nine and five storeys high that wrap around a central landscaped courtyard.
Shayne Harris, director residential at Savills Australia and project director for Stellar Ryde, comments: “Stellar Ryde will set a new standard for luxury and sophistication in Ryde. It represents contemporary living at its best and offers a vibrant and well-connected lifestyle that is within a short drive to major employment and transport hubs including Epping, Eastwood, Macquarie Park, Rhodes and Sydney’s CBD.
“The striking architectural design by SJB will ensure Stella Ryde will become an iconic structure on the suburb’s skyline. Its superbly designed spacious interiors complement the exterior. The expansive views of the Parramatta River across to the city are breathtaking and will command buyer attention. Purchasers who are attracted to quality and style will be drawn to this project.”
Prices start at $599,000 to $675,000 for one bed (52 - 59 square metres internal), two beds are priced from $810,000 to $940,000 (75 - 80 square metres internal) and three beds are priced from $999,000 to $1.16 million (97 square metres internal). All apartments include parking and most enjoy a Northerly aspect. 
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm.
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Stellar Ryde launches with its striking bold architecture

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<img src="/images/2016/12/07/CWG-logo-270W-trans.png" alt="" width="455" height="123">
SPONSORED POST
SJB architect’s stunning Stellar Ryde is strategically positioned at the gateway to one of Sydney’s fastest growing suburbs. The area is undergoing significant change and benefiting from major infrastructure investment in the region.
The project is situated in a thriving green suburban metropolis. Parks, shopping centres, restaurants and schools are all easily accessible, creating the perfect lifestyle destination.
Jennifer Loh, head of sales and marketing for CWG Development, comments: “Stellar Ryde was a strategic purchase in the expanding North West corridor. Ryde offers a clean and green lifestyle with plenty of open spaces, yet is still accessible to major transport links and employment hubs. It offers the epitome of luxurious living in a thriving suburb. 
“There is a broad range of apartment types to suit every purchaser. Most of the sales have been to local buyers who understand the superior proposition Stellar Ryde offers them. The unique architectural façade and stunning interiors will appeal to any discerning purchaser.”
Prices start at $599,000 to $675,000 for one bed (52-59 square metres internal), two beds are priced from $810,000 to $940,000 (75-80 square metres internal) and three beds are priced from $999,000 to $1.16 million (97 square metres internal). All apartments include parking and most enjoy a Northerly aspect. 
Stellar Ryde is located within 1.5 kilometres to West Ryde and Meadowbank train stations and several bus stops are located along Victoria Road which connect to the city. Top Ryde City Shopping Centre, Ryde Aquatic Leisure Centre, Ryde Park and Meadowbank Memorial Park also easily accessible.
Rhodes is a 3.7 kilometre commute, Eastwood is 4.4 kilometres, Concord Hospital is 4.7 kilometres, Macquarie Park is 5.8 kilometres and the Sydney CBD is 13 kilometres.
There are also several excellent schools in the near vicinity including Ryde Public School, St Charles Catholic Primary School, Northcross Christian School and Gladesville Public School.
For further information visit <a href="https://www.stellarryde.com.au/" target="_blank">www.stellarryde.com.au</a> or the display suite at 819b Victoria Road, Ryde which is open daily from 11am to 4pm. 
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Stellar Ryde – the gateway to Ryde

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Apart from one standalone area, it is cheaper to buy a house in Greater Sydney than it is to rent, according to RiskWise Property Research.
Ryde is the only SA4 where the interest-only loan repayments for owner-occupiers in all of Greater Sydney are higher than the annual rent. In all other areas interest-only loan repayments are low, and in some cases well below the annual rent. There are also areas where only a small additional amount is required to also cover the ‘full mortgage’, i.e. both the principal and the interest repayments.
Co-founder of Buyers Buyers, an aggregator providing affordable buyer’s agency services to all Australians with its national panel, Pete Wargent said that while there are multiple factors that should always inform a buying decision, the buy versus rent equation has shifted this year due to lower mortgage rates.
“In the current environment prospective buyers need to consider the reliability of their employment and whether they have a reasonable buffer” Mr Wargent said.
“However, it’s clear that without as much from competition from investors many first-time buyers are now looking to get in”.
RiskWise CEO Doron Peleg said ultra-low interest rates had created a unique environment where buying a house in many areas was cheaper than paying rent on one.
He said in many areas, rent money was dead money, and that renters with secure jobs were better off buying a house than continue paying someone else’s mortgage.
“Except for Ryde, interest-only loan repayment amounts for owner-occupiers in Greater Sydney are below the equivalent annual rent, so it often makes sense to take advantage of the current ultra-low interest rates rather than continue to rent,” Mr Peleg said.
“In addition, except for in the Inner West, North Sydney and Hornsby, and Ryde, it's also cheaper to buy than rent for interest-only property investors in the whole of Greater Sydney, despite declining apartment rents in some areas”.
He said for principal and interest loans, owner-occupier repayments were higher than the annual rent of Greater Sydney, however, the monthly difference was less than $500 in five SA4 areas which included the Central Coast, with only a $15 difference, and outer suburbs such as Outer South West, Outer West and the Blue Mountains.
“Areas such as the city’s western suburbs and the Central Coast have enjoyed exceptional capital growth over the past 10 years with further positive projections in the medium to long term, especially as more and more people work remotely and can enjoy a sea or tree-change without having to seek accommodation close to employment hubs, but rather move for lifestyle benefits,” he said.
“If you buy a house you can start building equity, particularly when you take a long-term strategic view and are in a good position to negotiate well and buy a ‘Grade A’ property that will serve your family to many years to come.
“Our research also shows that nationally the interest-only repayments for both owner-occupiers and investors is lower than the annual rental cost of renting in most of the 88 areas at the statistical area level 4 (i.e. SA4s). Therefore, funding costs are lower than rental payments across all states and territories.
“And, except for Sydney and Melbourne, in all other states and territories, even the principal and interest repayments are lower than the annual rent, assuming that you have a 20 per cent deposit.
“No interest rate rises are expected in the foreseeable fortune and the intense competition between the banks is only going to further intensify, meaning buyers are in a very strong position to continue enjoying ultra-low interest rates.”
Mr Peleg said the biggest savings were in the capital cities where rental returns were the highest.
Mr Wargent of Buyers Buyers said “a sustained period of ultra-low interest rates seems almost certain in the foreseeable future and is likely to have a positive impact on the market during 2021. In fact, RBA research has found that for every 1 percentage point reduction to the cash rate, property values may increase 8 per cent over the following two years.”
Ultra-low interest rates have led some lenders to offer introductory home loan variable rates of 1.99 per cent, a move which follows the launch of the first fixed rate of less than 2 per cent.
Over the medium and the long term, Mr Wargent said solid price growth was highly likely for houses, particularly due to a systematic undersupply in the inner and middle rings, and also in the more affordable outer areas with good access to the CBD, such as the western suburbs.
Mr Peleg of RiskWise said “what this all means is now is the time to buy if you are a first home buyer or an owner-occupier as this current slowdown in the property market is only temporary, with houses in popular areas likely to experience solid capital growth in the medium to long term. However, it must be stressed that units carry a higher risk and at this point of time so this strategy should only be considered for houses.
“Once the COVID-19 issue is resolved, most likely in 2021, the traditional connection between low interest rates and increase in dwelling prices is likely to take place."
Mr Wargent of Buyers Buyers said investors with a long-term view could also benefit despite interest repayments for investment properties being slightly higher.
“If the rent covers their monthly interest repayments, they are in a good situation. There is a relationship between low interest rates, low out of pocket expenses and stronger demand and this is very attractive to investors,” he said.
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j.ballantyne1990-6AQqhLzZaK

Cheaper to buy than rent in Sydney everywhere except for Ryde: RiskWise

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Coles West Ryde has been listed for sale with expectations it will sell for around $23 million.
It's the first Sydney metropolitan freestanding supermarket with no specialty tenants, to hit the market in 2019. 
Offered by Coles Group Property Developments Ltd, it sits on the ground level, supported by a Liqourland, of a near new apartment building.
The 3,975 sqm strata-titled supermarket with 300 car basement parking is being sold by Colliers International’s James Wilson and Alex James-Elliot.
"Coles Supermarket and Liquorland feature a market leading 12-year net lease structure which offers ease of management to a purchaser," Wilson said.
“Coles West Ryde presents exceptionally well, occupying a high profile and convenient position in West Ryde’s CBD," Wilson says.
“The supermarkets income growth potential is set to benefit from the Main Trade Area’s affluent catchment with household income over 13% above the Australian average, whilst the non-discretionary expenditure is forecast to grow at 5% per annum to 2031”
Alex James-Elliot said the property provides a non-discretionary, defensive income stream for potential investors. 
"The risk adjusted returns, when viewed through the currently low interest rate and return on cash environment, will prove attractive to domestic and offshore private investors seeking a secure long-term investment.”
The forthcoming sale of Coles West Ryde continues Coles capital recycling strategy which included the sales by Colliers International of Willowdale Shopping Centre in June 2019 for $34.8 million, Coles Mayfield Development Site in Newcastle for $8.9 million in September 2019.
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jrobinson-rf4aSBido9

Coles West Ryde listed for $23 million

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EXPERT OBSERVATION
The release of the stage 1 Assurance Review of Planning in Ryde LGA demonstrates fundamental problems with the Sydney planning system.
The Greater Sydney Commission Assurance Review of planning in Ryde says the level of growth across the LGA was unanticipated but it is right on the GSC’s own targets.
The GSC state that over 3 years 4,500 dwellings have been completed which averages 1,500 a year. Over a 5 year period this growth would amount to 7,500 dwellings which is below the GSC’s 5 year target of 7,600. It seems amazing that the GSC says they did not anticipate growth to match their own target.
The GSC Report also states that the Department of Planning and Environment’s supply forecasts estimated that 9,500 dwellings would be built up to 2021/22 yet apartment dwelling approvals in NSW have collapsed by 40 per cent in the last year. The Planning Department must be more up to date with the state of the new housing industry.
The Assurance Review also states that there is a disconnect between planning and infrastructure delivery in Ryde but this must surely be a key responsibility of the GSC and of the NSW Government.
The assurance Review outlines a number of actions ‘to restore community confidence in local planning’ in Ryde but the report ignores the need for the development and investment industry to have confidence in the planning process.
The development industry, who have only followed the GSC and council plans, are the big losers with the suspension of all new planning proposals in Ryde as well as all existing planning proposals (announced for the first time) be put on hold for a 12-month period. Clearly there is NO assurance about planning in Ryde for the businesses that spend millions of dollars in proposals that follow the GSC’s rules.
The greatest admission of failure by the Greater Sydney Commission is their statement that their ‘observations’ and ‘recommendations’ in Ryde ‘will have application across Greater Sydney’.
So this questions all of the dwelling targets and the roll out of infrastructure across the whole metropolitan area of Sydney. And this is 12 months after, with great fanfare, the GSC’s Greater Sydney Region Plan was released in March 2018.
With dwelling approvals collapsing in Sydney and many approved projects being put on hold the last thing we need is to delay all planning for two years while new Master Plans are produced.
The Urban Taskforce believes whoever forms government on 23 March must look to stimulate the housing industry rather than put planning on hold.
CHRIS JOHNSON is the Urban Taskforce CEO 
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cjohnson-8xfqfuuCSq

Ryde Assurance Review shows planning is a mess: Chris Johnson

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HAVING just penned a new deal to stay at the Manly Sea Eagles until 2021, second-row stalwart Curtis Sironen has bought again in the Ryde apartment market.
He has spent $1.03 million in the Putney Hill project, which features landscaped grounds with a 3km fitness track.
The 85 sqm unit has two bedrooms and two bathrooms. Ryde was the hardest hit suburb across Sydney in 2018, with dwelling values declining 13.5 per cent.
Sironen started his career at the Wests Tigers in 2012, before leaving for Manly in 2016. He is the son of Balmain Tigers legend Paul Sironen.
This article was first published in the Saturday Daily Telegraph.
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firstname1-iYD4UYzvBa

Sea Eagle Curtis Sironen buys Ryde apartment

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The Ryde district ranked as Sydney's weakest 2018 housing market, according to CoreLogic.
Ryde values were down by 13.3 percent over the year to December 31.
Sydney's inner south west was the next weakest with values down 10.9 percent.
Melbourne's inner east was the worst performing area of 2018, seeing <a href="/expert-insights/buying/melbournes-inner-east-the-nations-weakest-house-price-market-in-2018-corelogic">declines of 13.4 percent</a>.
There was a late year deterioration in values as Ryde's decline was put at 9.4 percent in August (below).
Recent Ryde sales included a one-bedroom apartment at 4 Devlin Street (above), which sold for $565,000, some $115,000 less than its 2014 off the plan purchase price.
<div dir="ltr">
Ryde district vendors were having to adjust their expectations with losses emerging for some.</div>
<div dir="ltr">
<div> </div>
<div>Another off the plan purchase in Ryde went backwards recently. </div>
<div> </div>
<div>The apartment was bought for $713,000. The Belmore Street two bedroom apartment recently sold for $691,000.</div>
<div> </div>
<div>A two bedroom Macquarie Park apartment recently sold for $808,000, just $8,000 more than than two years ago. The sale fell well short of its initial $870,000 guide, and would have meant a loss after costs including stamp duty and estate agent commission.</div>
<div> </div>
<div>A four bedroom house in Marsfield recently went backwards on its 2015 price. The 1975 built home sold for $1,791,000 in three years ago, and has just resold for $1.75 million, a $41,000 loss.</div>
</div>
A unit at 21-31 Porter Street fetched $66,000 less, while a unit at 2D Porter Street sold for $38,000 less than four years ago.
<a href="https://www.propertyobserver.com.au/images/2019/1/2/Ryde4.jpg" target="_blank">Click here</a> to enlarge:
<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/2019/1/2/Ryde4.jpg" alt="">
A three bedroom house in Ryde sold for $1.65 million (pictured below) bucked the trend selling in under three weeks.
Set on a 550sqm block, the house at<a href="https://www.realestate.com.au/sold/property-house-nsw-ryde-129030918" target="_blank"> 1 Cosimo Place</a> offered three large bedrooms, modern Caesarstone kitchen, formal living and second living area.
Other features include LED-lit stairs, alfresco, generous laundry and study nook. 
It sits a short stroll to buses and parklands, and delivers immediate access to schools, retails and Macquarie business precinct. 
 <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/2018/9/4/1%20cosimo%20place.jpg" alt="">
A one bedroom unit in the heart of Ryde sold for $430,000 (pictured below). It first sold at $281,000 in 2012.
The unit situated at<a href="https://www.realestate.com.au/sold/property-apartment-nsw-ryde-128796734" target="_blank"> 1/688 Victoria Rd</a> consists of one bedroom with built-in, spacious lounge/dining area, modern kitchen and private courtyard.
It is situated only a short walk away from Top Ryde Shopping Centre, Putney Shopping Village, Local Transport, Schools and Riverside Parklands.
 <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/2018/9/4/688%20victoria%20rd.jpg" alt="">
A Curzon Street two-bedroom unit priced between $580,000 to $630,000 (pictured below) fetched $568,000 in October.
The unit at <a href="https://www.realestate.com.au/property-unit-nsw-ryde-129234978" target="_blank">7/15 Curzon Street</a> comprises of large living area with balcony, newly renovated kitchen, two large bedrooms and lock-up storage room.
It situated within seconds to Top Ryde City Shopping Centre, city buses, restaurants and cafes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/4/15%20curzon%20st.jpg" alt="">
 
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