Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

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Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

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Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

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Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

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The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Southern Highlands

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A Southern Highlands heritage property, The Manse, built in 1890 as part of the Presbyterian Church, Mittagong has been sold at auction this month 
The <a href="https://www.realestate.com.au/sold/property-house-nsw-mittagong-128929706" target="_blank">3 Alice Street </a>property has been restored and transformed into a four bedroom home.
It was sold at auction through Di Jones for $985,000.
The new owners were attracted to the original features of the home which has a beautiful entry hall with fretwork and chandelier, as well as wide original Kauri timber floorboards.
The 828 square metre home, with one bathroom, last sold for 425,000 just under six years ago.
Set behind an old iron gate, it is located within a short drive from shops, cafes and schools, as well as being within walking distance to Lake Alexandra.
The Manse was purchased by a Sydney buyer, confirming a recent trend of 73% of Mittagong buyers coming from out of the area, according to Di Jones auctioneer Josh Larsen.
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Southern Highlands heritage property The Manse sells at auction

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

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Sue Gibson, who is seeking $50 million for her Dalkeith, Swan River trophy home, has bought Crossways Farm in the the NSW Southern Highlands.
She paid $5.55 million on extended settlement terms for the Robertson property, which was sold by Louise Zavattaro.
The five-bedroom residence in Robertson is surrounded by a mature garden, a tennis court, two self-contained apartments, seven dams, eight hectares of rainforest and equestrian facilities. 
<img class="attachment-full size-full" src="https://static.domain.com.au/domainblog/uploads/2018/06/16001635/2_h119at.jpg" alt="Crossways Farm was previously owned by rag traders Lisa Ho and Philip Smouha." width="1500" height="843">
The property has been on and off the market since early 2014 when it was initially offered for $6.9 million.
It was most recently marketed by Angus Campbell-Jones, of Campbell Jones Property.
It was previously owned by rag traders Lisa Ho and her former husband Philip Smouha, who bought it in 2005 for $4.5 million and sold to the Zavattaro family for $4.8 million in 2009.
The 49-hectare property is reportedly to become her permanent residence, coming four years after she and West Australian mining magnate Steve Wyatt ended their 27-year relationship.
Following the split, Gibson is now sole owner of the Perth mansion that was built for the late Alan Bond.
The Wyatt's had paid $39 million in 2011.
 
 
 
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Owner of one of Perth's priciest homes buys in the Southern Highlands

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Interior designer Suzanne Dougall and her company director husband John have sold their Southern Highlands retreat.
The two level Bowral home cost them $1.21 million in 2015 before its lush renovation.
They were seeking $1.69 million through Di Jones agents Daniel Garnett and Kate McCullagh. They initially sought $1.73 million when initially listed in March.
When it was listed last year it was being marketed as Carisbrooke, with $1.85 million hopes.
Suzanne, a former model and fashion boutique owner, renovated the four bedroom home, with a fully equipped media room and a library. 
The alfresco space has a wood burning fireplace.
The 4000 square metre grounds feature a number of gardens rooms amid the manicured gardens and lawns.
The couple initially bought into the Highlands in 2004, spending $2.9 million on the 18 hectare Glenquarry estate, Runnymede which was sold in 2010 for $6 million.
Dougall was the managing director at Amalagamated Wireless Australia.
This article first appeared in The Sunday Telegraph. 
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Interior designer Suzanne Dougall sells in Southern Highlands

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Across the Southern Highlands the residential market for dwellings has experienced a recent hiatus.
The number of sales in the Southern Highlands has contracted from the highs of late 2017, according to the June report from valuation firm Herron Todd White (HTW).
The average price is tracking lower, between 4% to 8% across the region with the exception of Bowral, which has flattened from the highs of August 2017.
The most active price point continues to be in the $650,000 to $1 million band.
"As has been the case historically there is emerging market volatility in the rural lifestyle/acreage properties in the $2.5 million plus sector, where purchasers tend to be more discriminating in their purchasing decisions," the report suggests.
The valuers state that "when looking at some of the more recent land release areas across the Southern Highlands, they are noticing increasing stock levels as new blocks in the 450 square metres to 2000 square metres land size finally come to market".
"Because of this delay in registering titles, some speculative investors may find their dated lender approvals no longer current, which may prove challenging with tightening current credit criteria."
For the remainder of the calendar year, the valuers anticipate some further easing in the market as the increasing number of vendors particularly in the vacant residential land market compete with a limited pool of purchasers.
Whereas existing housing stock located close to the main townships of Moss Vale, Bowral and Mittagong, with the benefit of being located close to retail, medical, school and transport infrastructure are going to remain attractive to the Sydney buyer market.
Particularly families in the up to $1.5 million price point who continue to “discover” the Southern Highlands region as an affordable lifestyle alternative to an increasingly congested urban existence.
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Southern Highlands acreage estate pricing becomes volatile: HTW

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INXS guitarist Tim Farriss and wife Beth are selling up after three decades in Kangaroo Valley in the Shoalhaven region of NSW.
They’ve listed Willabrook, their working Upper River cattle farm, which has also operated as a luxury country holiday let.
The 37 hectare property, set along the banks of the river, has been featured through the years on Better Homes &amp; Gardens and Burke’s Backyard.
It has been listed through Belle Property Berry agents Gary Dale and Nick Dale.
<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/2018/5/28/FARRIS2.jpg" alt="">
Farriss, one of the most accomplished musicians in Australia, co-founded INXS in 1977, along with his brothers Jon and Andrew, Kirk Pengilly, Garry Gary Beers and Michael Hutchence.
The northern beaches couple, who married in 1981, have two sons James and Jake.
Away from the guitar, Farriss’s passion has been for boating, fishing and farming at the property, along with his ambassadorial roles for Bear Cottage, Landcare, Sydney Children’s Hospital and the Leukaemia Foundation.
The original 1920s main homestead has five bedrooms, plus two one-bedroom cottages, dubbed Mojo and Rest, that let at $350 a night on weekends.
<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/2018/5/28/FARRIS3.jpg" alt="">
They both feature extensive decking, a fireplace, outdoor barbecue and a coffee machine.
The marketing says the land is reminiscent of a Harry Sutton Palmer landscape painting.
There’s also a self-contained manager’s cottage, vegie garden and a private, clear, deep water swimming hole.
The farm averages a 30 ­breeder carrying capacity.
This article was first published in the Saturday Daily Telegraph. 
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INXS guitarist Tim Farriss lists Kangaroo Valley retreat

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Gerron Park, the 45 hectare Wildes Meadow estate, has been listed for sale just six months after it last sold.
It fetched $3.5 million when bought by the Phillips family, now its back for sale for $5.1 million through Richardson &amp; Wrench agent Michael Maloney.
When traded for $3.5 million in September, the hobby farm suited for cattle had been on the market for over 700 days and sold when having a guide of $3.95 million.
It initially sought $4.1 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/2018/5/14/gerron2.jpg" alt="">
<a href="https://www.realestate.com.au/property-lifestyle-nsw-wildes+meadow-7966094" target="_blank">Gerron Park at 131 Wildes Meadow Road</a> went backwards, having sold for $4.1 million in 2007.
On the grounds there's a five bedroom homestead and separate guest accomodation, as well as a heated swimming pool and tennis court.
The grounds with rich red basalt soil feature 13 paddocks, cattle yards, six dams and an old brick dairy.
 
 
 
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jrobinson-rf4aSBido9

Southern Highlands Gerron Park set for flip with $5.1 million price tag

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The recent price reduction on Possumwood, the spare Southern Highlands retreat of Crown Resorts boss John Alexander, has yielded a buyer.
It took a year to sell, but was snapped up within weeks after Alexander and his photographer wife Alice dropped the price guidance to around $2.1 million.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-robertson-127405658" target="_blank">two hectare Robertson property</a> with gardens by Myles Baldwin had initial $2.75 million hopes.
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Alexander will base himself at his nearby imposing estate after the $8 million plus sale of his three bedroom Del Rio penthouse in Elizabeth Bay.
The couple had owned Possumwood since 2006 when they paid $2 million.
Offering views over the Morton National Park, the home comes with five bedrooms, two bathrooms and a steam room.
This article was first published in the Saturday Daily Telegraph.
 
 
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Crown boss John Alexander sells Robertson retreat, Possumwood

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An imposing country estate at Exeter in the Southern Highlands, Rona Lodge has been sold to the former National Party Federal Minister John Sharp, who sits on the Federal Government's Climate Change Authority.
It fetched $5.45 million, having last sold at $3.75 million in 2004. 
The Highlands has been popular with politicians.
Liberal MP and former tennis champion John Alexander paid $4.8 million last year for Iona Park, a 36 hectare estate and boutique horse stud at Moss Vale.
The former Hawke Government minister Graham Richardson owned the 4.5 hectare Burradoo retreat Bantry, before selling for $1.13 million in 2012.
Rona Lodge, completely renovated in 2006 has been for sale for nearly three years. It sold through Mick Maloney at Richardson &amp; Wrench Bowral.
The traditional character home on six hectares has recently been used by its vendor David Graham as a holiday letting and wedding rental property.
In 2014 it was awarded Best Property for Weddings in the annual Stayz awards.
Last traded for $3.75 million in 2004, the five bedroom, four bathroom home with indoor heated pool includes separate staff quarters with two bedrooms.
Set in manicured private gardens, the estate lends itself to equine interests, with a stable complex, paddocks and shedding.
The home was marketed as a "quintessential Australian beauty".
 It comes with a five bedroom homestead plus a two storey self-contained two bedroom residence.
The master bedroom has its own sitting room, two dressing rooms and its own terrace.
There is also a formal dining room with its own fireplace.
The chef’s kitchen features a double gas range, separate walk-in butler’s pantry and an adjoining breakfast room.
Overlooking the gardens is the formal drawing room that features a Chinminee Phillipe fireplace.
A library is available with a Jetmaster gas log fireplace and it also contains two separate study rooms. There is a cocktail bar.
It also features a conservatory that overlooks the gardens and the tennis courts.
The grounds include a tennis court and pool. 
Stylemeisters David Kunde and David Graham retain Lindon Hall at Robertson which cost $5.5 million in 2008.
John Sharp, who retired from the parliament in 1998 after 14 years, is a keen aviator, having been a licensed pilot of both fixed wing and rotary wing aircraft.
He has been quite active in his highlands property dealings.
This article first appeared in The Daily Telegraph. 
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Former Nationals leader John Sharp the latest politician to buy in Southern Highlands

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Ahead of the sale of his Elizabeth Bay penthouse, Crown Resorts boss John Alexander has reduced the asking price for Possumwood, his spare Southern Highlands retreat.
Possumwood, now with Anne Stone of McGrath Bowral, was initially listed with $2.5 million to $2.75 million hopes.
It's now $2.1 million to $2.3 million, having now sat on the market for nearly a year.
The two hectare Robertson property has gardens by Myles Baldwin.
Myles Baldwin was introduced to JA by Leo Schofield back to the days when Leo had Bronte House where Myles was the head gardener. Baldwin had trained at Sydney’s Royal Botanic Gardens.
Alexander will base himself at his nearby imposing estate after the reputed $8 million sale of his three bedroom Del Rio penthouse in Elizabeth Bay.
Alexander, who has been right hand man to casino tycoon James Packer for a number of years, and his photographer wife Alice have owned the two hectare estate in Robertson since 2006.
Offering views over the Morton National Park, the home comes with five bedrooms, two bathrooms and a steam room.
The couple will be based at their nearby 38 hectare estate that they paid $2.38 million for in 2010.
This article was first published in the Saturday Daily Telegraph.
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