Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Joel Robinson

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

National property developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has appointed BINAH as its construction partner for Quartet, its new Brisbane apartment development in the undersupplied suburb of <a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>.

Located just two kilometres from the Brisbane CBD and moments from key 2032 Olympic precincts, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet</a> will deliver 131 one, two, three, and four-bedroom apartments priced from $1 million to $4.2 million, combining elevated design with a wellness-focused lifestyle offering.&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=368000]

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the appointment of <a href="https://www.apartments.com.au/builders/binah-constructions">BINAH</a> marked an important milestone for the project.&nbsp;

“Bringing BINAH on board as our construction partner will allow us to bring our vision for Quartet forward with a team that has a proven track record of delivering high-quality residential projects,” Thompson said.&nbsp;

“We’ve taken a considered approach to progressing the site because we wanted to deliver the whole package. Buyers ultimately back great developers, great projects and great builders, and with Quartet, we’ve made sure all three line up.

“People want certainty, they want to know the project will be built, that the homes will be delivered as promised, and that the developer stands behind the quality of what they create. That’s something Goldfields has built its reputation on over many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367993]

BINAH’s Managing Director, Khalil Hafza, said the company was proud to be partnering with Goldfields to deliver Quartet.&nbsp;

“Quartet is an exciting project to bring to life, particularly given the level of detail in the residences and the extensive rooftop amenity planned for the building,” Mr Hafza said.&nbsp;

“Our focus is on delivering a high-quality build that brings that design vision to life and creates homes residents will enjoy for many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367999]

The facilities at Quartet have been feared towards the roof, with a&nbsp;25 metre lap pool, spa, sauna and cold plunge, and a communal barbecue area and alfresco.

Town planning was designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by Melbourne-based architecture firm Cera Stribley.

<a href="https://www.apartments.com.au/interior-designers/cera-stribley">Cera Stribley</a> Co-Founder and Managing Principal, Dom Cerantonio, said the project responds to both its riverside setting and Brisbane’s evolving urban character.&nbsp;

“Quartet has been designed to sit comfortably within its riverside context, offering a refined take on urban living through well-planned, generously proportioned residences that will stand the test of time,” Mr Cerantonio said.&nbsp;

“An emphasis on natural light, natural textures and carefully selected finishes from timber and marble to premium appliances, creates calm, considered interiors designed for comfort and long-term liveability.”&nbsp;

Construction of Quartet will commence in July 2026, with completion anticipated in Q4 2028.

[smartcode_project_cta:default project_id=108736]

Construction to commence on 131-residence tower designed around wellness-focused living

Goldfields appoints BINAH for Quartet apartments in Milton

The first partnership between national developer <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> and Adelaide-based developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> has made a strong start, with the pair securing $21 million in unconditional sales at <a href="https://www.apartments.com.au/new-apartments/one-four-four-hutt-adelaide-144-hutt-street-adelaide-sa-5000">One Four Four Hutt</a>&nbsp;on the edge of the Adelaide CBD.

Over a third of apartments have been snapped up in the boutique 44-apartment project on the corner of Hutt Stret and Wakefield Road. Local downsizers and owner-occupiers wanting to remain in Adelaide's tightly-held southeast quarter have been the most prominent purchasers.

The DKO-designed, mixed-use development is one of the few new apartment projects in the precinct, an area where new housing supply has remained limited despite continued demand from buyers wanting to stay close to the CBD, Victoria Park and Adelaide's established east-end amenities.

[smartcode_project:default project_id=151233 project_image_fid=375378]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

"The level of early commitment reflects the confidence local buyers have in the Hutt Street precinct," Dendrinos said.

"Many purchasers are long-term east-end residents who love the area and want to stay connected to the neighbourhood. They recognise the value of a well-designed, well-located development.

"Our partnership with Otello has been central to this success, and the number of unconditional sales at this stage only strengthens our confidence in the South Australian market."

[smartcode_project:default project_id=151233 project_image_fid=375379]

Otello Director Daniel Harris said the sales result also highlighted the lack of new apartment opportunities within the Hutt Street precinct.

"One Four Four Hutt has clearly resonated with buyers, with strong early sales reflecting both the appeal of the Hutt Street corridor and the lifestyle on offer," Harris said.

"The activated ground-floor retail has also been a key drawcard, with purchasers responding to the vision of a more vibrant and connected streetscape, not just the residences themselves."

One Four Four Hutt will deliver 44 one, two and three-bedroom apartments, alongside a collection of penthouses, above a ground-floor retail offering designed to further activate the Hutt Street precinct.

Construction is scheduled to commence in the third quarter of this year, with completion anticipated in 2028.

[smartcode_project_cta:default project_id=151233]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

Fortis makes Adelaide debut with Otello as One Four Four Hutt records strong early sales

St Ives

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A large family home in St Ives Chase, on Sydney’s North Shore, has sold to a local family for $1,880,000.
101 Warrimoo Avenue is a four bedroom (two bathroom) single level house, situated on a 930 square meter block.
It also has a substantial turfed backyard.
<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/2020/5/20/st%20ives%20trophy%202.jpg" alt="">
Built in 1987, the home previously sold in 1999 for $533,000.
“There is pent up demand for quality property in Sydney’s North Shore and this sale was an example of how a carefully positioned marketing campaign and quality database can attract strong competition,” said the Director of Residential at Savills Australia, said Chris Orr.
“With 62 inspections over a six day period and a result 12% higher than the client’s expectations, it certainly feels like we’re at the start of another bull market.”
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St Ives Chase trophy home sells 10% over expectation

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A St Ives house, at 7 Bimburra Avenue, has sold for $4.55 million pre-auction.
The five-bedroom home features four bathrooms, a double garage, acustomised wine cellar room with 340 bottle storage, expansive lawns, and a large pool.
It is situated on a 1,050 square metre block, and has 410 square metres of internal floorspace. 
The home was completely rebuilt last year by developers Homestead Homes, who purchased the property for $2.25 million.
St Ives median house price is $1.85 million.
Another five-bedroom home, at 50 Cowan Road, represents the suburb most expensive home, having sold in mid-2018 for $10.5 million.
David Walker and David Beveridge, from Ray White Upper North Shore, listed the Bimburra Avenue property. 
 
 
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Bimburra Avenue, St Ives trophy home sold for $4.55 million

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One of the 10 homes in the 1966 Pettit + Sevitt display village at St Ives has been sold.
Known as the Courtyard House since it was designed by the late architect Ken Woolley, the home featured as part of Sydney Living Museums Australian houses tours in 2014.
It was only the third time the Staddon Close home had been offered to market.
No price reveal has been offered, but $1.5 million was being sought.
“We have lovingly preserved this architectural gem, and hope to find a buyer who will love it has much as we have,” vendor Eleanor Johnson said.
The house retains its original internal floorplan with a sympathetic fourth bedroom extension in the 1980s.
Its Savills listing agent James Yahl said Mid-Century modernist architecture is what buyers are looking for with open-living spaces and a connection to the outdoors.
There had been an earlier display village in St Ives on Mona Vale Road and Richmond Avenue.
Pettit + Sevitt have new designs about to be released reflecting their classic designs.
 
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Tightly-held 1960s Pettit + Sevitt display village home sold in St Ives

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One of the 10 mid-century homes in the 1966 Pettit + Sevitt display village at St Ives has found its latest owner.
The five-bedroom $1.8 million home on Staddon Close had been substantially altered by its past five owners.
But its neighbour, known as the Courtyard House, goes to an August 17 auction.
With just two owners ever, it retains its original internal floorplan with a sympathetic fourth bedroom extension made in the 1980s.
The home was part of 2014’s Sydney Living Museums Australian Houses Tour, at which time its architect Ken Woolley took visitors through the home. Woolley has since died.
It’s been listed through Savills agent James Yahl by Eleanor and Phil Johnson who hold $1.54 million hopes.
This article was first published in the Sunday Telegraph.
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Rare 1960s Pettit + Sevitt display village home in St Ives sells

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One of the 10 homes in the 1966 Pettit + Sevitt display village at St Ives has hit the market.
Known as the Courtyard House since it was designed by the late architect Ken Woolley, the home featured as part of Sydney Living Museums Australian houses tours in 2014.
It will be the third time the Staddon Close home has been offered to market.
“We have lovingly preserved this architectural gem, and hope to find a buyer who will love it has much as we have,” vendor Eleanor Johnson said.
The house retains its original internal floorplan with a sympathetic fourth bedroom extension in the 1980s.
Its Savills listing agent James Yahl said Mid-Century modernist architecture is what buyers are looking for with open-living spaces and a connection to the outdoors.
There had been an earlier display village in St Ives on Mona Vale Road and Richmond Avenue.
Pettit + Sevitt have new designs about to be released reflecting their classic designs.
This article was first published in the Sunday Telegraph.
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Rare 1960s Pettit + Sevitt display village home for sale in St Ives

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Retired Socceroo captain Mile Jedinak has sold his St Ives investment apartment for $820,000.
The 34 year old Camperdown-born midfielder, who is currently playing for Aston Villa in England, paid $570,000 for the apartment in 2009, just after he left the Central Coast Mariners for Europe.
The 90 square metre, two bedroom apartment in the Meriton-built Loralea Gardens complex, has been a rental during his decade long ownership while he played overseas.
The sale was through Meriton Group project sales manager Jason Miao WHO secured the sale, having initially offered a guide of $850,000 to $900,000, before revising the guide to $800,000 to $850,000.
Jedinak is rumoured to be returning to the A-League next season, with one of the expansion teams believed to have tabled an offer.
This article was first published in the Saturday Daily Telegraph. 
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Retired Socceroo captain Mile Jedinak sells St Ives apartment

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RECENTLY retired Socceroos captain Mile Jedinak is selling his long-held Sydney investment apartment on the upper north shore.
The St Ives unit almost book-ended his Socceroos career as he bought the apartment from the ­developer in 2009, shortly after making his international debut.
He captained the Socceroos in the 2014 and 2018 World Cups, representing Australia 79 times.
Jedinak, who is now based in the English Midlands with wife Natalie and their three boys, paid $570,000 for the unit.
He currently plays for championship club Aston Villa.
The St Ives offering, set in the Meriton-built Loralea Gardens complex, has two bedrooms and two bathrooms. There is 90sqm of ­internal space.
It has a north-facing lush tree-lined outlook from its 13sqm balcony that runs the full width of the Memorial Ave unit.
The complex with landscaped gardens features a fitness centre with lap pool, spa and sauna. Meriton Group project sales manager Jason Miao has the listing with $850,000 to $900,000 price guidance. It is currently tenanted at $650 a week.
<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/2018/10/15/jedinak2.jpg" alt="">
St Ives apartments have soared 47 per cent in price in the past five years, according to CoreLogic, with 8 per cent annual compound growth. The median price for two-bedroom units is $895,000, with a 3.7 per cent rental yield.
Jedinak began his career at Sydney United, with his performances earning him a trial, leading to a contract, with the Central Coast Mariners. The apartment was secured just after Jedinak left the Mariners to join Turkish club Gençlerbirligi.
Two years later the Camperdown-born midfielder moved to the English Premier League where he spent five seasons at London club Crystal Palace.
He made his debut for the Socceroos in 2008 and captained the Socceroo's in the 2014 and 2018 World Cup finals. 
He became a fan favourite at Crystal Palace when he scored a late winner in the final game of the season to secure a playoff place.
He captained the side to a playoff final win, taking them to the Premier League, and winning the player of the year in the process.
This article was first published in the Sunday Telegraph. 
 
 
 
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Retired Socceroo captain Mile Jedinak lists St Ives investment

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On Sydney's upper north shore a St Ives offering has been sold off market by a billionaire who hails from the petrochemical industry in China.
The 5729 sqm Douglas Street property sold a year ago at $9.9 million with an older style single-level double-brick home, guest house, a pool and a tennis court.
But Paul Diks and Daniel Jin at Richardson &amp; Wrench had it re-listed.
They secured $11.2 million.
It seems it might now become a site for five houses.
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St Ives sale secures record $11.2 million

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Popularity for residential properties in St Ives has increased, according to Savills latest report.
“The predominantly residential suburbs of St Ives and St Ives Chase are situated on the Upper North Shore of Sydney, approximately 18km from the Sydney CBD.
“St Ives has recently experienced an increase in popularity and is now considered a suburb of choice, whereas it was once viewed as a more affordable alternative to the neighbouring suburbs of Pymble and Gordon.
“Amongst other attributes, shopping centre and parks, as well as access to city and bus services mean residential property in the St Ives area is in high demand.
“Given the suburb developed later than neighbouring suburbs, the primary architecture style is modern homes on larger than average blocks of land as opposed to period homes.
“These large homes are attractive to growing families, particularly given the lack of preservation restrictions, which are found in neighbouring, older suburbs.
“As well as the housing stock, in the past ten years there has been a large growth in the development of apartment blocks, particularly around the shopping centre.
“This is part of the government mandate for more medium density housing throughout Sydney,” the report stated.
Savills says that property prices in St Ives and St Ives Chase has significantly increased in the past decade.
“Property values in St Ives and St Ives Chase have experienced significant growth over the past decade with house prices increasing by 95 percent and 110 percent respectively, in line with the Sydney average.
“Over the past year, price growth has remained in double digits while a slowdown was recorded across other parts of Sydney, reflecting a lack of supply in the area.
“Apartment prices in St Ives recorded a more subdued rise over the longer term, increasing by 45 percent over the past ten years.
“However, much like houses, growth over the past year has outperformed the Sydney average with a rise of 9 percent.
“The average sale price for a house in St Ives and St Ives Chase in December 2016, was $1,905,000 and $1,756,000 respectively.
“This is significantly higher than the Greater Sydney average of just over $1,000,000 but offers a discount compared to the neighbouring suburbs of Gordon and Pymble where the medium house price is $2,445,000 and $2,302,000 respectively.
“However, this gap in prices is beginning to narrow as the popularity of St Ives increases,” the report advised.
The current median price of houses in St Ives and St Ives Chase in 2017 according to CoreLogic is $1,985,000 and $1,840,000 respectively.
A five bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-st+ives-125275902" target="_blank">10 Kitchener Street</a>, St Ives (above) has been listed with a price guide of $1.95 million.
Similarly a five bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-st+ives-123591890" target="_blank">39 Douglas Street</a>, St Ives (below) has been listed for $1.895 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/2017/05/31/39%20Douglas%20Street.jpg" alt="">
The median rent in St Ives is higher than Sydney averages according to Savills.
“While the private rented sector in St Ives is much smaller than other areas across Sydney, it is growing.
“At $1,200 per week for a house and $710 per week for a unit, the median rent in St Ives is higher than the Sydney averages of $650 and $560 per week.
“However, rental values vary significantly depending on property type and size,” the report commented.
Downsizers play a key part in St Ives’ housing market Savills says.
“Downsizers play a key part in the housing market in St Ives as the majority have paid off the mortgage on their larger, family homes, giving them significant buying power on their next, smaller property.
“Across the suburb, just over a quarter of the population are aged over 60 compared to 18 percent across Greater Sydney.
“International buyers are an important source of demand for the housing market across Sydney as both owner occupiers and investors.
“In St Ives, there has traditionally been a large South African population.
“This is still the case with 12 percent of the population born there compared to just 0.8 percent across Greater Sydney.
“There is also a growing Asian population in the area.
“The most recent census data from 2011 recorded 9 percent of residents describing their ancestry as Chinese, slightly over the Sydney average.
“This is likely to have increased over the past six years, as Chinese buyers look further afield.
“Accessibility to employment locations is high priority for many house hunters.
“Residents in St Ives work in a number of locations, reflecting the suburb’s connectivity to both the centre of Sydney and other key employment locations.
“The largest employment industry for people living in St Ives is the Professional, Scientific and Tech sector accounting for 18 percent of employees compared to an average of 10 percent across Sydney.
“This industry is the fastest growing in Sydney meaning St Ives is well placed to draw on the newly created wealth in these industries,” Sophie Chick, Head of Savills Residential Research stated.
Savills says that low interest rates, population growth and investments are some of the factors that will determine the outlook for St Ives.
“It is important to assess the outlook for the St Ives area in the context of the Sydney market.
“Factors such as low interest rates, population growth and infrastructure investment point to a positive economic outlook for NSW over the next five years.
“These factors are expected to continue to support demand for housing, particularly in Sydney.
“However, we do expect the rate of house price growth to slow, given the affordability pressures and the regulatory measures implemented to slow the amount of bank lending to investors.
“The St Ives area continues to offer good value in comparison to neighbouring suburbs as well as having high quality housing stock, an abundance of open space and good schools.
“We expect these factors to continue to appeal to buyers, particularly families,” the report commented.
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St Ives residential market continues to grow in popularity: Savills

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A St Ives trophy home has been sold for $3.1 million.
The family home at 26 Richard Road St Ives sold last Friday.
The five-bedroom home is located on the 950 square metre corner block of Richard Road and Byron Avenue. 
The home features a luxurious two-storey high glass wall overlooking the pool area. 
The property was sold by Raymond Lin at Savills Cordeau Marshall Lindfield. 
The median house price in St Ives is $1.7 million according to CoreLogic RP Data.
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