Enfield may be home to fewer than 3,000 residents, but its prime location between Strathfield and Burwood has cemented its status as one of the Inner West’s hidden gems.

The suburb offers a village-style lifestyle with an abundance of cafés, restaurants, and boutique shops, staples of Inner West living.

At the last census, there were only around 300 apartments in the suburb. Fewer than a handful of new apartment developments have been delivered in recent years, but none are as well positioned as The Carlyle, just a three-minute walk to Henley Park, arguably one of the best parks in the area.

<a href="https://www.apartments.com.au/new-apartments/the-carlyle-enfield-164-liverpool-rd-enfield-nsw-2136">The Carlyle</a> will comprise 32 one- and two-bedroom apartments, a mix rarely seen in the new development market across Sydney.

[smartcode_project:default project_id=148733 project_image_fid=6667]

<a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;is fielding enquiry from several buyer types.

"First home buyers are realising this is the best time to get into the market," says Mark Bernberg, <a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;Managing Director.

"There are now several government incentives assisting first home buyers to get onto the property ladder. The recent announcement to waive lender's mortgage insurance for those with low deposits puts tens of thousands back in their pockets. Pair that with stamp duty savings in the new apartment space, and there has never been a better time to be a first home buyer in the off the plan apartment market."

Bernberg has also seen a re-emergence of investors, attracted to the low supply of apartments in Enfield and the suburb's lifestyle, while also being on the fringe of Burwood, which is set to undergo a huge transformation with its recent rezoning around the new metro station.

"That will bring a wealth of new retail and amenity to the area, which tends to drive prices higher," Bernberg says.

"Rents are at record highs, and with interest rates coming down from the highs earlier this year, investment apartments are starting to stack up again financially."

[smartcode_project:default project_id=148733 project_image_fid=6665]

The Carlyle apartments will sit above doorstep amenity, with a two-level retail podium incorporated into the striking building. The retail component will include a new ground-floor café facing Carlyle Street.

Two-bedroom apartments range from 67 sqm to 83 sqm internally, with some of the larger residences on the top level featuring expansive wraparound balconies. These layouts are designed to enhance seamless indoor-outdoor living, maximising natural light and views.

[smartcode_project:default project_id=148733 project_image_fid=6666]

The Carlyle's proximity to Henley Park is one of its biggest drawcards. The 13-hectare park includes multiple sports fields, two fenced playgrounds designed for various age groups, and Enfield Aquatic Centre, complete with Olympic-sized swimming pool.

The Carlyle is on track to welcome residents in early 2026.

[smartcode_project_cta:default project_id=6667]

Joel Robinson

The Carlyle in Enfield launches to undersupplied Inner West market

A new Metro stop, a thriving café scene, and proximity to village-style retail have cemented St Leonards as one of the Lower North Shore’s most sought-after suburbs for new development.

Among those seizing the opportunity is Sekisui House Australia, which has chosen this prized pocket, in the St Leonards South precinct, for its first-ever inner-city apartment project, <a href="https://www.apartments.com.au/new-apartments/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a>.

[smartcode_project:default project_id=134191 project_image_fid=230]

Set for completion in the summer of 2027, Waterstone comprises 207 apartments across five buildings, designed to look south back to the&nbsp;Sydney&nbsp;CBD.&nbsp;The new project offers residents the rare balance of connected urban living and tranquil green surrounds.

Just moments from home lies Smoothey Park, a blend of natural bushland and manicured parkland. It forms part of the Wollstonecraft cluster of reserves, including Gore Cove, Badangi Reserve, and Berry Island, all offering peaceful escapes on the Harbour’s edge.

<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/KCD5mtyKBjc?si=DcC6Koxg6shdDFzq" title="YouTube video player" width="560"></iframe>

When it comes to lifestyle, St Leonards and its neighbouring suburbs, Crows Nest, Waverton, Greenwich, and Wollstonecraft, deliver an endless array of cafés, restaurants, and boutique retailers. Nearby Mall 88, only 650 metres from Waterstone, adds convenience with over 30 specialty stores.

Connectivity is another major drawcard. The new Crows Nest Metro Station is just one kilometre away, while St Leonards Train Station is a short seven-minute walk. For a more scenic commute, the Greenwich Point Wharf ferry reaches Circular Quay in under 30 minutes.

[smartcode_project:default project_id=134191 project_image_fid=351953]

For peace of mind, Royal North Shore Hospital, one of Sydney’s most prominent medical hubs, sits just 650 metres away, making Waterstone ideal for healthcare professionals or residents seeking easy access to world-class medical facilities.

Perfectly positioned on the fringe of vibrant activity yet embraced by parkland serenity, Waterstone offers the best of both worlds in Sydney’s evolving Lower North Shore.

[smartcode_project_cta:default project_id=134191]

Urban Editorial

Nature and connection define life at Waterstone in emerging St Leonards South precinct

A new collection of residences is now available at <a href="https://www.apartments.com.au/new-apartments/sol-by-walker-maroochydore-first-avenue-maroochydore-qld-4558">SOL by Walker</a>, the residential development that continues to take shape within the Maroochydore City Centre.

The second release introduces 137 apartments to the market, adding to the growing community in what is set to become one of South East Queensland’s most significant urban renewal precincts. The new offering includes a mix of one, two and three-bedroom apartments, alongside a limited number of terraces and penthouses designed to suit a range of lifestyle needs.

“SOL represents the beginning of <a href="https://www.apartments.com.au/developments/maroochydore-qld-4558">Maroochydore</a>’s exciting next chapter, redefining expectations around life in this beautiful coastal city,” David Gallant, Chief Executive Officer and Managing Director of <a href="https://www.apartments.com.au/developers/walker-corporation">Walker Corporation</a>, said.

[smartcode_project:default project_id=147777 project_image_fid=319853]

Located on South Sea Islander Way, SOL forms part of the broader vision to deliver a connected and vibrant city heart for the Sunshine Coast. Construction is already underway on the first 19-storey tower, with completion targeted for early 2028. The development is being delivered by Walker in collaboration with Sunshine Coast Council and SunCentral.

SOL’s second stage continues the project’s focus on high-quality apartment living, with access to a suite of resident-only amenities including a rooftop sky terrace, wellness retreat, co-working lounge, gym and landscaped garden spaces.

Interiors by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> combine timeless design with natural materials, generous layouts and panoramic outlooks to the ocean, hinterland and river.&nbsp;

“SOL by Walker establishes a new standard in apartment quality, seamlessly integrating superior craftsmanship with unmatched design,” Danny Juric, Director at Plus Studio, said

[smartcode_project:default project_id=147777 project_image_fid=346899]

Apartments feature open-plan layouts with high ceilings and expansive glazing to enhance natural light and ventilation.&nbsp;

A warm, neutral palette ties together stone benchtops, brushed platinum accents, and sandstone-toned carpet, while large sliding doors connect living areas to generous outdoor spaces.&nbsp;

Kitchens are fitted with integrated Miele appliances, refined cabinetry and thoughtful storage, while bathrooms offer double vanities and oversized showers to balance function and comfort.

As part of the Sunshine Coast’s new CBD, residents will be within walking distance of local retail, dining and green space, with transport connections set to expand as the precinct grows. Once complete, Maroochydore City Centre is expected to deliver thousands of new homes as part of the region’s long-term housing strategy.

[smartcode_project_cta:default project_id=147777]

Second release at SOL by Walker expands residential offering in Maroochydore City Centre

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has marked the topping out of Prince &amp; Parade in Brunswick, celebrating the completion of the building’s highest point and a major step forward for one of the developer’s landmark Melbourne communities.

The milestone forms part of Mirvac’s strong construction momentum across Victoria, with <a href="https://www.apartments.com.au/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick-vic-3056">Prince &amp; Parade</a> and The Albertine both recently reaching structural completion. Together, the two projects will deliver 265 new apartments, contributing to much-needed housing supply in Melbourne’s inner suburbs.

[smartcode_project:default project_id=4802 project_image_fid=3627]

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>, Prince &amp; Parade continues a long-standing partnership that has delivered The Melburnian (2002) and The Eastbourne (2019).

The new <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> address comprises a mix of one to four-bedroom residences complemented by extensive amenity, including a residents’ lounge, shared dining room and kitchen, library, yoga room, gym, and rooftop terrace, with landscaping by Jack Merlo and a concierge service.

Construction is rapidly transforming the site, with significant milestones achieved across two buildings, supported by 73 slab pours and six fully constructed building cores. Completion is expected in 2026.

[smartcode_project:default project_id=4802 project_image_fid=269383]

Mirvac’s General Manager, Residential Development Victoria, Elysa Anderson said Prince &amp; Parade has been strongly received by buyers seeking quality design and trusted delivery.

“These communities have been well received, attracting strong interest from downsizers and professionals who value high-quality design, premium locations and the confidence of buying with Mirvac,” Anderson said.

Prince &amp; Parade has also achieved a record-breaking apartment sale in Brunswick, underscoring its design quality and market appeal.

“We’re incredibly proud to see Prince &amp; Parade set a new benchmark for Brunswick. This <a href="https://www.apartments.com.au/news/vic/exclusive-mirvac-breaks-brunswick-record-with-prince-parade-sale">record-breaking sale</a> is a testament to Mirvac’s design excellence, quality craftsmanship, and our strong reputation for delivering high-quality residential communities across the country,” Anderson said.

[smartcode_project_cta:default project_id=4802]

Prince & Parade tops out in Brunswick as Mirvac marks dual Melbourne milestones

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has celebrated the topping out of The Albertine, marking the completion of the 14-storey structure on the edge of Melbourne’s CBD and signalling strong progress across the developer’s Victorian pipeline.

The milestone forms part of Mirvac’s $7.4 billion Victorian development portfolio, which includes both residential and mixed-use projects such as Prince &amp; Parade in Brunswick, which also reached its highest point recently, and Trielle at Yarra’s Edge, scheduled to top out in early 2026

[smartcode_project:default project_id=138659 project_image_fid=294831]

<a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine</a> offers one to four-bedroom residences complemented by exclusive resident-only amenity, including The Circadian Club, a wellness centre with an indoor pool and spa, gym, yoga and Pilates studio, and sauna, as well as The Elysian Room, a private dining space on level 10 with sweeping views across Melbourne.

Since construction began in August last year, up to 240 workers have been on site daily, pouring 7,000 cubic metres of concrete across 72 pours and installing more than 1,000 tonnes of steel reinforcement to bring the project to this landmark moment.

[smartcode_project:default project_id=138659 project_image_fid=4353]

Mirvac’s CEO, Development – Residential and Commercial Mixed Use, Stuart Penklis said the achievement highlights Mirvac’s design quality and sustained delivery across Melbourne.

“We are proud to be delivering The Albertine and Prince &amp; Parade, two projects that embody Mirvac’s design excellence, commitment to quality, and focus on creating homes that connect people to their communities," Penklis said.

"With cranes rising high across Melbourne, Mirvac’s residential pipeline is moving strongly, and these milestones are a testament to that momentum."

[smartcode_project:default project_id=138659 project_image_fid=294826]

Penklis added that Mirvac’s growing portfolio demonstrates its commitment to providing diverse housing options across Victoria.

“We have recently opened our third build-to-rent community in Melbourne, LIV Albert at Brunswick, our fifth nationally, which together with our master-planned communities ensures that we are providing a full spectrum of housing options to Victorians.

Completion of The Albertine is expected in 2026.

[smartcode_project_cta:default project_id=138659]

The Albertine reaches its highest point on Melbourne’s city fringe

Surry Hills

Leading Australian property developer, TOGA Group, has been awarded a 4.5 out of 5 Gold Star rating by the new Independent Construction Industry Rating Tool (iCIRT), following a rigorous assessment.

The ratings tool has been launched to rebuild public trust and market transparency in residential 
construction as part of the NSW Government’s Construct NSW Transformation Strategy.&nbsp;

[smartcode_project:default project_id=9302 project_image_fid=188223]

The award makes TOGA one of only three developers to be awarded a 4.5 Gold star rating and is the highest rating achieved by a developer so far.

While the independent assessment by Equifax is currently voluntary, developers and builders must meet the minimum average of three out of five stars or above to be deemed “trustworthy” and be included on the public register, along with a Gold, Silver or Bronze star indicator.

TOGA’s Managing Director, Allan Vidor said ultimately, the rating is a testament to the group’s dedication to delivering the highest quality outcomes for customers in every aspect of their developments.

“Buyers can be confident, trusting that TOGA has passed the test and has the capital, the experience and the capability to create homes and residential communities that will last,” Vidor said.&nbsp;

[smartcode_project:default project_id=9302 project_image_fid=188222]

Builders and developers undergo a rigorous review process, with the assessment evaluating them across six specific criteria including character, capability, conduct, capacity, capital and counter parties, in addition to historical results.

“This is a game changer for homebuyers and the industry,” Vidor said.&nbsp;

“A home is one of the most significant investments Australians make, so it’s vital to be able to trust the developers, builders and industry that create these assets. We stand by what we build and deliver at TOGA, and suggest all consumers who are on their property journey to review the iCIRT listing as part of their research.”&nbsp;

TOGA’s strong iCIRT rating was supported by a range of factors, including its tenure and long-history of successful development in Australia, operational and customer transparency, significant repeat and loyal customer base, partner and supplier relationships, and the in-house skills, the level of technical expertise and engineers within the team.

[smartcode_project:default project_id=9302 project_image_fid=188221]

NSW Building Commissioner, David Chandler OAM, said, iCIRT was introduced to not only set a new standard but to also give property buyers the confidence the builder or developer they’re looking to buy from is a trusted party.&nbsp;

“There’s no denying the reputation of the industry has taken a hit in recent years. The iCIRT rating system was introduced to rebuild trust and acknowledge those in the industry, like TOGA, who are doing the right thing. Congratulations TOGA for setting the benchmark for best practice,” Chandler said.&nbsp;

“As I get to know more of the increasing community of iCIRT rated developers and builders, a common theme is emerging. The first is that customers are at the centre of how they do business,” he said.

“The second is the ingrained integrity that these companies strive to build to underpin how they deliver buildings.”

[smartcode_project:default project_id=9302 project_image_fid=188219]

iCIRT currently rates builders, developers and certifiers on a voluntary basis. In due course, designers, manufacturers and suppliers will also be able to be rated. Consumers will also be able to rate industry professionals.&nbsp;

[smartcode_project_cta:default project_id=9302]

The award makes TOGA one of only three developers to be awarded a 4.5 Gold star rating and is the highest rating achieved by a developer so far.

alisonwarters@gmail.com

TOGA Group awarded 4.5 Gold Star rating under new iCIRT 

The New South Wales developer TOGA Group have officially broken ground at their long-awaited redevelopment of the Surry Hills shopping centre.

To be known as Surry Hills Village and due for completed in early 2024, the mixed-use development and precinct on the corner of Cleveland and Baptist Street will home 122 apartments and a 102-room hotel, as well as 12,000 sqm of commercial and retail spaces.

<a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016"><img alt="" height="1167" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/toga_precinct_1.jpg" width="1600" /></a>

SJB have designed the development in collaboration with development partners Iain Halliday and BKH, Aspect Studios director Sacha Coles and Studio Prineas architect and principal Eva-Marie Prineas.

The 12,000 square metres of commercial and retail spaces that will feature a Coles supermarket, specialty retail and parking for retail customers.&nbsp;&nbsp;

<a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016"><img alt="" height="813" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/toga_precinct_2.jpg" width="1800" /></a>

Around 50 per cent of the 122 apartments have sold. Apartment start at $875,000 for a 55 sqm, one bedder.

The 81 sqm two bedroom apartments are priced at $1.55 million and the 122 sqm three bedder is priced at $2.65 million.

There&#39;s been a mix of buyer types, from locals to&nbsp;international buyers who will be moving in once they&rsquo;re able to return home.

<a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016"><img alt="" height="857" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/toga_surry_hills_3.jpg" width="1600" /></a>

The groundbreaking ceremony marked&nbsp;around five and a half&nbsp;years since TOGA paid nearly $95 million for the 1.2 hectare site in mid-2015.

TOGA managing director Allan Vidor AM was joined by Redfern local and Sydney&nbsp;Lord Mayor Clover Moore at an official ceremony marking milestone.

[smartcode_project:default project_id=9302]

Mr Vidor said the ground breaking marks the start of the much-anticipated regeneration of the iconic site. &nbsp;

<blockquote>
&nbsp;&ldquo;We are very proud to be leading the transformation of this important site that will be a catalyst for the future shape of Sydney&rsquo;s inner city. Our vision is to deliver a precinct that will celebrate the authenticity of the neighbourhood whilst also bringing the energy of new people and businesses to the suburb.&nbsp;

&ldquo;For our future residents, locals and visitors, we are creating a destination that will enrich the area, with exceptional dining and bars alongside some of Sydney&rsquo;s best providores within a new retail laneway, commercial office building and public park. In addition, the precinct will include a boutique 102 room hotel with roof top pool and bar making Surry Hills Village a truly unique, once in a generation project that the community will enjoy for many years to come&rdquo;.&nbsp;
</blockquote>

<a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016"><img alt="" height="1180" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/groundbreaking_toga.jpg" width="1800" /></a>

Lord Mayor Clover Moore said, as a Redfern local, she welcomes the revitalisation of the old Surry Hills shopping centre,&nbsp;bringing new life to the area and better serving the needs of the people who are living here.

Adam Haddow, SJB Architects director and a Surry Hills local, says because of the location of Surry Hills Village,&nbsp;near SJB&#39;s office, the team are hugely passionate about the significant project and the opportunity it presents for the neighbourhood.

&ldquo;Paying homage to the history of the site and building, while ensuring a blend of retail, residential, hotel and commercial space that feels at one with the street environment was a priority. We set out to revitalise the site and to create a space that locals can be proud of.&rdquo;

SJB have designed the development in collaboration with development partners Iain Halliday and BKH, Aspect Studios director Sacha Coles and Studio Prineas architect and principal Eva-Marie Prineas

Surry Hills Village plans finalised as TOGA officially break ground

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A Surry Hills development site with stage 1 approval for Hotel/Residential Apartments/Retail development has sold for $33 million off market.

Situated at 232 - 240 Elizabeth Street, currently home to Restaurant Rush and other stores, the holding sits on a 905 sqm plot.

Cornering Elizabeth &amp; Reservoir Street it is opposite Central Station.

The stage 1 concept approval for the demolition of existing buildings on the site and the construction of a 2 level basement car park and mixed use building containing residential, hotel and retail uses was approved in July 2017.

It is located just along from The Golf House development at 228A Elizabeth Street.

Daniel Marano from Oxford Agency managed the selling of this property off-market on behalf of an overseas client.

There is no sign yet as to when the new developer will move to seeking approvals and then marketing.

<h2>Other developments in Surry Hills include:</h2>

<a href="/buildings/the-rathbone-23-47-flinders-street-surry-hills">The Rathbone</a>

Address: 23-47 Flinders Street, Surry Hills NSW 2010

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rathbone_0.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rathbone_0.png?itok=qpraZ1N-" width="580"></a></figure>Set for completion in 2022, only 33 one, two and three bedroom single apartments and double storey bespoke terrace apartments will be offered.

Prices range from $1.295 million to $2 million.

The Surry Hills development was designed by Scott Carver and constructed by Deacon Construction.'

<a href="/buildings/the-surry-421-423-elizabeth-street-surry-hills">The Surry</a>

Address: 421-423 Elizabeth Street, Surry Hills NSW 2010

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_surry.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="382" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_surry.jpg?itok=RGONuzO7" width="580"></a>

The Surry is a 5-storey apartment development with retail space on the ground floor.

Cadmium’s latest project, is a unique boutique collection of 24 apartments, and they are once again working with Candalepas Associates,

Designed by award-winning architect Angelo Candalepas, it features one, two and three bedroom apartments as well as executive apartments on every level. Plus an expansive landscaped rooftop designed by 360O.
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Daniel Marano from Oxford Agency managed the selling of this property off-market on behalf of an overseas client

urban.com.au

Surry Hills development site sold off market for circa $33 million

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Sydney may have forgotten Natalie Jean Wood. But Real Estate Agents haven’t forgotten to underquote; when it comes to auctioning a property.
I definitely have something to say about what I perceived may well be, blatant underquoting strategies used in the marketing of the Surry Hills property: 139 Kippax Street, <a href="/expert-insights/buying/surry-hills-terrace-listing-of-the-woman-sydney-forgot">the home once owned by Natalie Wood</a>.
It will take more than a coffee to calm me down, particularly after my client spent $4,000 doing Due Diligence (DD) prior to the auction.
The price guide that was given to me and other interested parties I spoke with at the time, was: $550,000-$650,000.
First cab off the rank, and to immediately dispel any misconceptions you may have. Misconceptions about me being a disgruntled buyer’s agent and particularly since I didn’t purchase the property, on behalf of my client.
<ol start="1">
<li>Part of the DD we undertook revealed that land in the area was worth approximately $10,000-$11,000/sqm.</li>
<li>There was some value in the building regardless of what the refurbishment works would cost, and</li>
<li>We were under no illusion that we would obtain the home for the lower end of the price guide which was given.</li>
</ol>
It’s not rocket science
It’s not rocket science to work out property (price-guide) values that are closer to true market values. To ascertain these we look at the following:
<ol start="1">
<li>Land value as compared to other sales in the local area.</li>
<li>Value of existing structure/building (taking into account what is required or not required to be altered, changed or fixed) and integrity of existing structure.</li>
<li>Aesthetic values including but not limited to: visual appeal, location, heritage, charm or story behind the property, views and surrounding landscape and demographics.</li>
<li>Calculate costs to repair/refurbish/build and compare with current properties on the market and recent property sales. properties that would be of similar ilk.</li>
<li>If still in doubt? call a professional valuer for their opinion.</li>
</ol>
Therefore, for an agent or agency to hide behind the worn and dated argument of “no comparable sales” is just sheer ignorance or intentional use of sleight of hand tactics. I have written about these issues previously.
1) The what-if test. 
2) Dumb to underquote and dumber not to know property values.
Dialogue with agency
Correspondence and conversations with the agent, all led us to believe that the agent truly didn’t know the value of the property. On the alternative, we also thought that there may be an underlying driver to draw a crowd. We know the latter to be under-quoting.
If other buyers were going to be persuaded by either one of the above premises, we believed that this would work in our favor.
The low-ball price-guide may actually keep the value of the property low, this is what we presumed anyway. We felt that the low price-guide coupled with the added features of the home; the circumstance of the deceased owner and the dilapidated condition of the property, was a mix that would work in our favor.
Nonetheless, our limit was set at $900,000 and this took into account our estimated land value as well as the intrinsic and heritage value of the property. Yes, and the history that came with the home.
Again, we knew that the agent was off the mark completely. However, the agent insisted that the “buyer’s feedback” was $550,000-$650,000 and with the interest obtained, it may reach the $700,000 mark. I beg to differ.
A professional agent would have done and assessed the value more along the lines of $850,000-$900,000 and thus presenting a correct price-guide. A guide that is not reliant on; “buyer’s feedback” nor left to ignorance. But, I was not engaged to teach them how to do their job.
Don't you just hate it, when you call an agent and ask for the 'price-guide' and they respond with: don't know at this point in time, once we hold a few opens we will gauge the "buyer's feedback". Get real !!! and moving on...
The outcome
Well, my buyer was not successful; as much as I tried to slow things down, there were others that wanted the property at all costs. The home sold for $1,105,000.
One may well say, ‘market forces’ were at play once the auction reached and went beyond the $950,000 mark. 
Warning to agents
Now, if you really want to accept the argument that: any so called out-of-line sale price is influenced by the lack of comparable sales to go by and play the ignorance card, or even take ill advice from vendors? Perhaps it’s time a Professional Valuer was called in, to assist you.
Obtaining and contracting the services of a valuer, is a better option to support and protect you as you. After all, you are the professional real estate agent. Don't hang your hat on statements such as: "market forces" nor "the vendor made me do it" in the belief that these will protect you from prosecution.
EDWIN ALMEIDA is licensee in charge of <a href="https://www.just-think.com.au/" target="_blank">Just Think Real Estate</a>.<a href="https://www.just-thin.com.au/"> </a>
He is also the creator of <a href="https://www.youtube.com/user/JustThinkProperty" target="_blank">Oz Real Estate.TV</a> and a presenter for <a href="https://propertyinvestingvault.com/" target="_blank">propertyinvestingvault.com</a>.
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ealmedia-arK4DBYLjS

Sydney may have forgotten Natalie Jean Wood, but real estate agents haven’t forgotten to underquote: Edwin Almeida 

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CPlusC Architectural Workshop Pty Ltd has snapped up a vacant, freehold mixed-use building in Sydney’s East from a private investor for under $2.5 million, reflecting a significant building rate for vacant City Fringe assets. 
Located at <a href="https://www.realcommercial.com.au/sold/property-466-cleveland-street-surry-hills-nsw-2010-503554690" target="_blank">466 Cleveland Street, Surry Hills</a>, the two storey property offers a net lettable area of 182sqm (including 36sqm outdoor terrace) on a 147sqm site and is fitted with a commercial kitchen, grease trap, cool room and exhaust. 
There is a current DA in place for a dental practice and the building will benefit from the new Light Rail being constructed along Devonshire Street, connecting the East to Central Station and the CBD. The proposed stop will be a 100m walk to the corner or Bourke Street and Devonshire Street. This will be in conjunction with the current extensive bus network just moments away. 
The property sold through Ollie Ridley, Nick Lower and Selin Ince of Savills Australia who said there was a lot of interest from local investors, developers and owner occupiers looking for a trophy asset in an enviable location.
According to Ollie Ridley, Executive, Metropolitan &amp; Regional Sales at Savills Australia, “The repositioning potential and DA approval was especially appealing to those within the dentistry/healthcare world, along with other affiliated fields looking for high exposure locations within prime Inner-City locations”.
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Surry Hills dental practice space sells to architects

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A two-level mixed-use freehold building, in Surry Hills, has come onto the market.
Located at 466 Cleveland Street, the property comprises a building area of 226 square metres (including a 36 square metre outdoor terrace) on a 147 square metre site.
It is fitted with a commercial kitchen, grease trap, cool room and exhaust for a new restaurant operator.
There is a current DA in place for a dental practice.
Ollie Ridley, Nick Lower and Selin Ince, from Savills Australia, have the listing.
“Potential purchasers could include Dental businesses– carry out the DA to convert property into dental practice; Healthcare providers/investors – refurbish the property and lease to healthcare provider/pharmacies; Value-add investors – internally refurbish or completely reconfigure internal areas and re-let property or Commercial &amp; Residential developers," said Mr Ridley.
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Commercially fitted Surry Hills freehold listed by Savills

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A mortgagee apartment in Surry Hills has been listed for sale via online auction.
Located at 33/679-695 Bourke Street, the apartment has a small living area, single bedroom and bathroom, and a car space.
The 42 square metre apartment has a small balcony.
It previously sold in 2002 for $280,000.
<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/2019/Subscriber%20strip%20ad.jpg" alt="">
The median unit price in Surry Hills is $819,000.
 
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wdavis-8cCN98p7xp

Surry Hills mortgagee apartment listed for online auction

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<div>Weekend sales included an $855,000 Surry Hills apartment with some fashion cred.</div>
<div> </div>
<div>The <a href="https://ecomms.raywhite.com/collect/click.aspx?u=S3V6VU04dVllRHFsa3JOUENpVktZRjhLK29BUGF6S1BidGY3czlTcUp6TlRFRGFlRVZvMDkwdVQ5aEgwcS9qMXpPSnFaK01PbGpQNllqUG5kQlBnSXEyS3UyVXF0M2lsYUx5dGt5YjNrSHhwcUtkVjc1amRGQ3dTUHNLUkE1ejB5SWxqZWYvVWpFamNWdjVNbkMzNmZSUmlYVUVkdVl5TENuSENFRmRaZkhleW11NUEwSU90UHVhcXRIdlZ1d2k5&amp;rh=ff005bfc87effcc8f0b12f27574d9745afdac11d" target="_blank" rel="noopener noreferrer" data-saferedirecturl="https://www.google.com/url?q=https://ecomms.raywhite.com/collect/click.aspx?u%3DS3V6VU04dVllRHFsa3JOUENpVktZRjhLK29BUGF6S1BidGY3czlTcUp6TlRFRGFlRVZvMDkwdVQ5aEgwcS9qMXpPSnFaK01PbGpQNllqUG5kQlBnSXEyS3UyVXF0M2lsYUx5dGt5YjNrSHhwcUtkVjc1amRGQ3dTUHNLUkE1ejB5SWxqZWYvVWpFamNWdjVNbkMzNmZSUmlYVUVkdVl5TENuSENFRmRaZkhleW11NUEwSU90UHVhcXRIdlZ1d2k5%26rh%3Dff005bfc87effcc8f0b12f27574d9745afdac11d&amp;source=gmail&amp;ust=1584311939921000&amp;usg=AFQjCNGr-s0VtGZjqJRlgrVIH3ra-5911w">Crown Street</a> offering was by the Wheels and Dollbaby fashion retailer, Melanie Greensmith who previously had her showroom premises just across the street. </div>
<div> </div>
<div>The two-bedroom apartment attracted marketing notoriety since it was once the backdrop for one of Debbie Harry’s fashion shoots.</div>
<div>
 More than 80 groups came through the open homes, with it sold to an investor after the offering came with $825,000 Ray White price guidance.</div>
<div> </div>
<div>"The market is looking pretty good," agent James Peach said.</div>
<div> </div>
<div>The 67 sqm level one apartment had last traded at $320,000 in 2003.</div>
<div> </div>
<div>Its last known rental asking price was $675 a week in late 2018, which was slightly lower than the $720 being sought on its 2016 offering.</div>
<div> </div>
<div>Realestate.com.au put the Surry Hills median apartment price at $800,000, with annual rental yields of around 4 percent.
</div>
<div> </div>
<div> Based on five years of sales, Surry Hills has seen an annual compound growth rate just 1.5 percent for units.</div>
<div> </div>
<div>This article was first published in the Saturday Daily Telegraph. </div>
 
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firstname1-iYD4UYzvBa

Surry Hills apartment with fashion cred sold 

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It comes as no surprise that <a href="https://www.walkscore.com/AU-NSW/Sydney" target="_blank">Walk Score's list</a> rates Sydney as the most walkable large city in Australia. 
The waterfront city has also been deemed <a href="https://images.arcadis.com/media/0/C/0/%7B0C0BECF6-FA5B-49B2-B332-900D50833DEE%7DAAP_MOBILITY%20INDEX_spread.pdf?_ga=2.141593266.1201163471.1579477286-416334874.1579477286" target="_blank">the second most transit-friendly</a> in the country behind Brisbane and in-front of Melbourne. Sydney provides a wide range of transport with ferries, trains, metro and the recently welcomed light rail amongst the many options available. 
Opportunities to cycle have also risen as the city's biking infrastructure has improved in recent years. Significantly more councils have bike lanes with <a href="https://www.cityofsydney.nsw.gov.au/explore/getting-around/cycling/dockless-bike-sharing" target="_blank">stationless shared bikes</a> located and accessible across the city.
<a href="https://mobike.com/au/download" target="_blank">Mobike</a> and <a href="https://www.li.me/en-us/home">LimeBike</a> operate in multiple suburbs and can be tracked and paid on their website and app. LimeBike have, since late 2018, provided <a href="https://www.li.me/electric-assist-bike" target="_blank">electric assisted bikes</a> which has helped encourage more users. 
Sydney is also diverse, home to nearly 200 nationalities, and offers a unique cultural experience with its range of cuisine, museums, galleries, and beaches. 
These are all of metrics Walk Score takes into account when deciding the rankings for each of Sydney's neighbourhoods. Without further ado, here are the <a href="https://www.walkscore.com/AU-NSW/Sydney" target="_blank">top neighbourhoods</a>. 
<h2>1. Haymarket </h2>
Walk Score: 99 | Population: 5,365
"Haymarket is a Walker's Paradise", states Walk Score. "Daily errands do not require a car in Haymarket Sydney." 
Adjacent to Darling Harbour, Haymarket includes much of Sydney's Chinatown, Thaitown and Railway Square localities. 
<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/2020/1/20/1_HAYMARKET%20PADDYS.jpg" alt="" width="557" height="338">
Amongst the neighbourhood's many perks, the proximity of restaurants, bars and coffee shops is highly regarded. There are about eight restaurants, bars and coffee shops, and people in the area can walk to an average of two restaurants, bars and coffee shops in five minutes. 
<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/2020/1/20/2_Haymarket.jpg" alt="" width="557" height="338">
Source: WalkScore 
<h2>2. The Rocks </h2>
Walk Score: 98 | Population: 683
This neighbourhood of historic laneways in the shadow of Sydney Harbour Bridge, has a diverse cluster of people. Interaction mainly takes place at the open-air Rocks Market where street food and handmade items are sold. 
<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/2020/1/20/2_THE%20ROCKS%20MARKET.jpg" alt="" width="553" height="336">
Source: <a href="https://www.timeout.com/sydney/things-to-do/the-rocks-night-markets" target="_blank">TimeOut</a>
The Rocks is home to Sydney's oldest pubs and many upscale harbour-view restaurants. 
This hub of culture is an urban stage of buskers who perform live along the harbour front promenade. The Museum of Contemporary Art offers local and international exhibits. 
<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/2020/1/20/2_Rocks.jpg" alt="" width="555" height="337"> 
Source: WalkScore 
 
<h2>3. Sydney </h2>
Walk Score: 98 | Population: 14,287
<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/2020/1/20/3_Sydney.jpg" alt="" width="550" height="334">
Source: WalkScore 
 
<h2>4. Ultimo</h2>
Walk Score: 98 | Population: 7,106
Located in the inner-city suburb of Sydney, Ultimo is only 2 km south-west of CBD. Broadway is amongst the many attractions of the neighbourhood as well as a range of heritage listed buildings. 
The corporate headquarters and Sydney studios of the Australian Broadcasting Corporation (ABC) are located in Ultimo Centre which houses an auditorium and recording stood. TCS, NITV and Aurora are also located at Ultimo Centre. 
<img src="https://www.urban.com.au/images/2020/1/20/3_Ultimo.png" alt="" width="552" height="335">
Source: WalkScore 
 
<h2>5. Surry Hills </h2>
Walk Score: 97 | Population: 15,379
A constantly evolving area, Surry Hills is notorious for its in-trend scene and cafe culture.
Hip coffee joints, fashion boutiques and global eateries can be found in terraced houses on Crown and Cleveland streets.
<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/2020/1/20/4_SURRY%20HILLS%20CAT%20WALL.jpg" alt="" width="552" height="335">
Source: <a href="https://www.piqsels.com" target="_blank">Surry Hills Cat Wall</a>
This trendy neighbourhood is home to pubs, wine bars, galleries and the Surry Hills Library. 
There is a Surry Hills Market held once a month where street food and vintage goods can be found. 
 
<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/2020/1/20/4_Surrey%20Hills.jpg" alt="" width="553" height="336">
Source: WalkScore 
 
<h2>6. Chippendale </h2>
Walk Score: 97 | Population: 4,069
<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/2020/1/20/6_Chippendale.jpg" alt="" width="545" height="331">
Source: WalkScore 
 
Following shortly behind are the following:
<h2>7. Millers Point </h2>
Walk Score: 96 | Population: 1,742
<h2>8. Darlinghurst </h2>
Walk Score: 96 | Population: 10,096
<h2>9. Newtown</h2>
Walk Score: 95 | 14,142
<h2>10. Rushcutters Bay </h2>
Walk Score: 94 | Population: 2,378
 
 
 
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Sydney's most walkable neighbourhoods

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A local developer has spent $8.585 million on one of the last remaining super prime vacant sites in the Eastern Suburbs.
The block, which is estimated to cost just shy of $11 million to build, will comprise 24 apartments, ground floor retail and 13 basement parking spaces.
The vacant site on the corner of Flinders and South Dowling Street went under the hammer with a reserve of $6.85 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/2019/12/10/117%20FLINDERS%20STREET%20SURRY%20HILLS.jpg" alt="">
Bidding opened at a lowball $6 million.
After bidding went past $7 million there were 30 bids before the hammer fell.
Richardson &amp; Wrench Ryde City agent Conor Arnold described the 117 Flinders Street sale as a remarkable result that showed developers were back in business.
“We had seven registered bidders, four active and all of them confident to put some serious money on the table,” Arnold said.
“This was a trophy location close to Oxford St, the Sydney Cricket Ground, Light Rail and Moore Park, so it’s easy to see why it was in such hot demand."
 
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