The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

Ryde

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There has been an increase of 132% in Ryde’s property prices over the past decade, according to Savills’ latest report.
“The average price in Ryde in September 2016 was $1.5 million for a house and $656,000 for a unit.
“House prices are 40% higher than the average across Sydney, but still offer a substantial discount compared to the neighbouring waterfront suburbs of Tennyson Point and Putney, where house prices average over $2 million.
“However, units in Ryde offer a discount of 7% when compared to the Sydney average due to a higher concentration of units in central, more expensive locations.
“Over the past 10 years, house and unit prices in Ryde have increased significantly with values rising by 144% and 122% respectively, outperforming the Sydney average.
“Over the past year, the rate of annual growth has slowed to just 5%, reflecting a more subdued housing market seen across Sydney,” the report stated.
Ryde’s median house prices is $1,600,000 while units can expect to have a median price of $691,400.
A five bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-ryde-124941598" target="_blank">10 Willow Crescent</a>, Ryde has been listed with a price guide of $1.75 million.
Similarly a one bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-ryde-125578458" target="_blank">6065/78A Belmore Street</a>, Ryde (below) has been listed for $680,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/31/6065_78A%20Belmore%20Street.jpg" alt="">
A strong tenant demand is driving investors to Ryde Savills says.
“Investors are attracted to Ryde for a number of reasons, including strong tenant demand.
“In Ryde, 28.1% of households are in the private rented sector, slightly higher than the average across Greater Sydney of 25.0%.
“Rental growth in Sydney and in Ryde has not kept pace with the strong capital value growth but the returns can still be attractive.
“The median weekly rent is $690 for houses and $520 for units, resulting in average yields of 2.4% and 4.1% respectively.
“Over the past 10 years, unit supply in Ryde has been inconsistent.
“A number of large-scale developments came to the market in 2014, resulting in two and half times the number of unit sales that year compared to the average over the previous five years.
“With strong price growth and rental demand, the Ryde market was able to absorb this increase in stock and the number of unit sales over the past year has decreased to be in line with the long-term average.
“The supply of new units can also affect the vacancy rate.
“In Ryde, the vacancy rate in September 2016 was 2.7%, up from 1.5% three months previous as more properties become available to rent,” Sophie Chick, Head of Savills Residential Research advised.
The population in Ryde increases by 2000 new residents annually Savills stated.
“Over the past 10 years, the population across the City of Ryde has increased by 20%, which equates to nearly 2,000 new residents per year.
“International buyers are an important source of demand for the housing market across Sydney as both owner occupiers and investors.
“In Ryde, there is already a large international community, particularly from Asia, with nearly 20% of residents describing their ancestry as Chinese compared to just 8% across Sydney.
“Residents in Ryde work in a number of locations.
“The City of Ryde, including Macquarie Park, is the most popular destination, accounting for a quarter of all workers.
“However, 75% of the workforce living in Ryde commute to elsewhere in Sydney, reflecting Ryde’s connectivity to both the centre of Sydney and other key employment locations such as Parramatta.
“The largest employment industry for people living in Ryde is the Professional, Scientific and Tech sector.
“This industry is the fastest growing in Sydney meaning Ryde is well-placed to draw on the newly created wealth that will result, as Tech buyers in particular look to emerging markets,” the report commented.
Savills says that Ryde will continue to benefit from increasing demands in Sydney’s population growth.
“The property market in Ryde has already, and will continue to, benefit from increasing demand due to Sydney's population growth.
“Over the next 20 years, the City of Ryde’s population is forecast to increase by 43% compared to 37% across Greater Sydney.
“As well as the new residential units under construction, a number of new office, retail and infrastructure projects are underway which will continue to increase the desirability of the area for existing and new residents,” the report stated.
 
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j.ballantyne1990-6AQqhLzZaK

Property prices on the rise in Ryde: Savills

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Ryde had the highest auctions cleared over the weekend in Sydney, according to CoreLogic’s latest report.
The property data firm says that out of the 37 auctions known to CoreLogic in Ryde 94.6% of them were cleared.
This is followed by the Northern Beaches with 90.9% and North Sydney and Hornsby with 90.2%.
<a href="https://www.propertyobserver.com.au/images/2017/03/13/Screen%20Shot%202017-03-13%20at%2011.08.04%20am.jpg" target="_blank">Click to enlarge</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/2017/03/13/Screen%20Shot%202017-03-13%20at%2011.08.04%20am.jpg" alt="">
The Outer South West region had the lowest clearance rate with only 41.7% of auctions cleared.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-lane+cove-124721642" target="_blank">25 Farran Street</a>, Lane Cove (above) was sold for $2.61 million.
Similarly a five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-eastwood-124740670" target="_blank">1 Spencer Street</a>, Eastwood (below) was sold for $2.19 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/13/1%20Spencer%20Street.jpg" alt="">
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94% of auctions in Ryde cleared over the weekend: CoreLogic

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Swimming champ James Magnussen has finally sold his Ryde investment apartment for $765,000.
The Drummoyne-based swimmer re-listed the renovated apartment <a href="https://www.realestate.com.au/sold/property-apartment-nsw-ryde-124682738" target="_blank">last month</a> after a number of prior attempts.
That led him to lease the three bedder for the last six months at $580 a week.
This time round Magnussen was asking $765,000, while still advertising the recently vacated home on the rental market, showing that the two time world champion wasn't too confident of a sale.
But it seems he was wrong, as David Gennusa at Snowden Parkes Real Estate Agents - Ryde has secured a quick 14 day sale.
It was just supposed to be a quick flip renovation project for Magnussen, who paid $623,000 in 2015 and refurbished during his recovery from shoulder reconstruction surgery.
He spent around $50,000 on the renovation which included a new kitchen and bathroom.
He listed the 88 sqm apartment in October 2015 with $750,000 to $800,000 hopes however a buyer failed to emerge. 
The price guide was dropped to between $710,000 and $750,000 in early 2016, but still no buyer.
He leased the apartment for $580 a week in June last year on a six month lease, a rental yield of 4.84 percent.
It's not always been doom and gloom in the property market for the 25 year old.
He spent $935,000 on a two bedroom apartment in Drummoyne in 2012 after it had traded for $910,000 some five years earlier.
Magnussen had an extended break after the Rio Olympics, where he snatched bronze in the relay. 
This article first appeared in the Daily Telegraph.
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James Magnussen's Ryde investment apartment finally sold

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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="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="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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<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="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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Swimming champ James Magnussen has opted to rent out his Ryde investment apartment following being unsuccessful at getting it sold.
The Drummoyne-based swimmer paid $623,000 for the property early last year to flick it on after a renovation.
It was initially listed it with $750,000 to $800,000 hopes last November.
The price guide was dropped to between $710,000 and $750,000 this year.
There's still a likely profit for Magnussen Enterprises Pty Ltd despite the lack of interest, having spent around $50,000 after he teamed up with a builder mate on the renovation of the three bedroom, 1960's red-brick walk up block unit.
Magnussen refurbished the 88 sqm apartment while recovering from shoulder reconstruction surgery.
The renovation included a new kitchen and bathroom.
Magnussen wasn't able to secure an individual spot at the Olympics in Rio however he will be part of Australia's 4x100 metre freestyle retail team.
The apartment was last listed through Hunters Hill McGrath agent John Paranchi, who confirmed that the buying interest wasn't strong enough for a sale.
When listed last year potential investor buyers were given a likely $650 weekly rental prospect, however the rental market isn't as strong now.
It hit the rental market at $600 a week, but this was revised down to $580 a week before finding a tenant.
Magnussen does have an eagle eye for a good property deal as he spent $935,000 in 2012 on his own Drummoyne flat which was seemingly well bought as it had traded at $910,000 some five years earlier in 2007.
The swimmer is off the the Olympics despite missing out on an individual berth, having been selected for Australia's 4x100 metre relay team.
This article was first published in the Saturday Daily Telegraph.
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James Magnussen rents Ryde investment

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Nothing is going quite right for James Magnussen with his timing.
The champion swimmer pulled his Ryde investment from its scheduled auction last weekend when he was in Adelaide competing for a spot for Rio 2016.
The apartment has been pushed back to an April 23 auction, with apparently now a couple of contracts having been issued to prospective buyers.
Its price guide has dropped from $750,000-$800,000 to between $710,000 and $775,000.
Magnussen's performance at the Australian swimming championships after injury saw him fail to qualify for an individual swim in Rio after losing out in the 50 and 100 metre freestyle races.
He is still expected to be heading to Rio as part of the 4x100 metre relay team which will be decided before the deadline on May 31.
The Drummoyne based swimmer bought the apartment in original condition in the block of six and renovated the 88 sqm apartment, with the help of a builder mate, during his recovery from shoulder reconstruction surgery.
The total refurbishment, including a new open kitchen and bathroom, cost about $50,000.
There's still a likely profit as Magnussen Enterprises Pty Ltd paid $623,000 early last year for the three bedroom, 1960's red-brick walk up block unit.
The property failed at auction last November when the bidding started and ended at $740,000. 
Following the auction failure, the Gladstone Avenue unit was re-listed through John Paranchi of Hunters Hill McGrath who had the The Hired Home stylists furnish what was previously an empty space.
They suggest investors are likely to yield $650 weekly rental tenants.
Of the 500 plus auctions listed across Sydney last weekend, some 45 were pulled from auction.
Magnussen does have an eagle eye for a good property deal as he spent $935,000 in 2012 on his own Drummoyne flat which was seemingly well bought as it had traded at $910,000 some five years earlier in 2007.
Some recently retired swimmers have had mixed fortunes in the property market.
The former world record swimming champion Eamon Sullivan secured $1.8 million for his Surry Hills terrace - bought for $1.26 million in 2009 - following his move back to home town Perth.
Three time gold medalist Stephanie Rice too had no problems in securing a $1.28 million sale for her Paddington terrace just outside of Brisbane prior to auction.
But she only made a $20,000 profit from the property she paid $1.26 million for in 2009.
This article was first published in the Saturday Daily Telegraph. 
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