The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

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Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

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The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

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Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Joel Robinson

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

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The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

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Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

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Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

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Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

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Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

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Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

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One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

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There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <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> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

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"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

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The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

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The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

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Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

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While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

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That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

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The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

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The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Tamarama

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The one-time Tamarama record-holder, Pavilion House, has been sold prior to its scheduled September auction.
But mystery remains whether it bettered its 2017 record sale price.
It last traded three years ago for $11.2 million when the now former Ramsay Health Care chief Chris Rex and his wife Lynette bought it.
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The prior owners were the sports and entertainment manager Basil Scaffidi and his wife Catherine.
The house was designed by architect Walter Barda <a href="https://www.realestate.com.au/sold/property-house-nsw-tamarama-134190166" target="_blank">set high on the ridge on Thompson Street</a>.
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Located between Tamarama and Bronte Beaches, the Hamptons style beach house has 180-degree views over the beach, ocean and Mackenzies Bay.
The five bedroom home comes with a four car garage with a lift to all of its three levels.
It features a poolside entertaining pavilion.
It was sold by D’Leanne Lewis, of Laing+Simmons Double Bay, in conjunction with Phillips Pantzer Donnelley, who had an $11 million to $11.5 million guide for its anticipated September 19 auction.
 
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Walter Barda-designed Pavillion House, Thompson Street Tamarama sold

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Veteran Sydney jockey Glyn Schofield has listed his investment apartment in Tamarama.
It goes to September 26 auction through Riki Tawhara at Sydney Sotheby’s Inter­national Realty with $2.5 million hopes.
Schofield paid $2.3 million in 2017 for the three-bedroom, two-bathroom apartment.
With a large balcony, just 200m from the beach, he initially sought a $1500-a-week tenant, reflecting a 3.4 per cent yield.
His most recent asking rent was $1450.
Spanning 120sqm, the apartment, with a Scandinavian influence, is set in the Pertama complex, which comprises two apartments per floor, designed by Marchese Architects.
Schofield, who had three rides at Rosehill yesterday, has secured over $55 million in prizemoney for his owners over his illustrious two ­decade career.
This article was first published in the Sunday Telegraph. 
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Jockey Glyn Schofield lists Tamarama investment

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The 26 year old gamer Elliott Watkins, one of Australia's biggest gaming personalities, has spent $9,125,000 in Tamarama.
It was the first time in nearly four decades the home traded having been long owned by the cinematographer Peter James.
The three bed home was designed by Peter Stronach of architecture firm Allen Jack+Cottier on its 580 sqm Thompson Street block.
It has a pool, library, lower level lounge, study and cellar.
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Watkins will be moving from Pyrmont where he spent $3.65 million in 2017. 
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Watkins known in the gaming world as Muselk, started Click Management with his sister Grace in 2017. They represent some of the country's biggest gamers.
Elliott started his YouTube channel in 2014 and dropped his commerce and law degree to pursue YouTube full-time. He is one of Australia's highest profile gaming YouTubers with over nine million subscribers.
His videos are viewed one million times a day.
Watkins gamer and YouTuber mate Lannan Eacott recently broke the Clovelly house price record with a $9.9 million buy.
 
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YouTuber and gamer Elliott Watkins spends $9.1 million in Tamarama

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Pavilion House, an architect designed beach house setting high on the ridge between Tamarama and Bronte Beaches has hit the market. 
It has been offered by PPD Real Estate. 
The Hampton style home at <a href="https://www.realestate.com.au/property-house-nsw-tamarama-134190166" target="_blank">10 Thompson Street, Tamarama</a> was designed by architect Walter Barda.
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It comprises five double bedrooms, four bathrooms, multiple living areas, and four-car garage with life access to all three levels. 
Pavilion House also features north facing deck, Hamptons style kitchen, wine cellar, resort-style pool and established gardens. 
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It offers 180-degree views over the beach, ocean and Mackenzies Bay. 
The property has been scheduled to go under the hammer on September 19. 
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Walter Barda-designed Thompson Street, Tamarama trophy home listed

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Sydney style couple Patrick and Tamsin Johnson are out looking for their next project, having sold their Tamarama semi (above) midweek for $5.65m post-auction.
They were underbidders on a Vaucluse offering that fetched $7.2m through Sotheby’s last weekend (below).
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The Johnsons paid $3.85m for their unrenovated Tamarama home in 2016, then installed decking and a pool.
The tailor to Sydney’s well-dressed business types, and his interior ­designer wife, sold their Yarranabbe Rd, Darling Point, apartment for $1.755m in 2018.
This article was first published in the Sunday Telegraph. 
 
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Patrick and Tamsin Johnson sell Tamarama home

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A tri-level Tamarama home has sold for $4.15 million, after less than 2 weeks on the market.
Positioned in a quiet cul de sac at 19 Wonderland Avenue, the home features four bedrooms, three bathrooms, and uninterrupted views of Tamarama Beach and the ocean.
There is roughly 300 square metres of internal floorspace, and two secure car spaces. 
The home was built in 2008, and in 2018 was had renovation plans approved by the local council.
It is currently tenanted at $2,400 a week.
The sale fell short of the suburbs median house price of $4,971,739.
Rosalia Marasco, from Goodyer Real Estate, listed the property.  
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Tamarama home sells after less than two weeks on the market

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The four-bedroom, three-bathroom Tamarama home of Europe-bound Gina Rodgers and Surteco Australia managing director Max Metzler has been listed with record settling hopes.
The 28 Wolaroi Crescent home was last traded for $4.4 million in 2006.
They have only recently completed the home designed by the Paris-based Lebanese architect Yola Noujaim.
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With park and ocean views, it has $16 million hopes through Christies International.
The current suburb record is $13 million, set when fashion entrepreneur Robby Ingham and his wife Sarah sold in Gaeroloch Avenue two years ago.
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Wolaroi Crescent, Tamarama home designed by architect Yola Noujaim listed at $16 million

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Both Melbourne and Sydney yet again returned a preliminary weekend auction clearance rate above 70 per cent.
Sydney had the priciest outcome with a $4.75 million Tamarama sale (above).
Dean Parkinson, founder of the Honeywagons fleet of makeup vans and his wife, Deborah, secured the pre-auction result after McGrath agent Simon Exleton had 110 people attend the open for inspections.
Parkinson, who has lived their 35 years, engaged architect James Grose to modernise the home in 1998. 
The Kenneth Street home, which had a $4.25 million guide, was sold to a Bondi entrepreneur.
Sydney's $1.32 million median house price sale was higher than Melbourne which saw a $852,500 median, and a $2.825 million top sale at Newport, according to Domain.
<div class="page" title="Page 1">The national capital cities returned a preliminary auction clearance rate of 68 per cent, consistent with late July results, CoreLogic reported.</div>
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The week also saw a similar number of auction, with 1,100 capital city homes taken to auction.
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 Year-on-year figures continue to see clearance rates trend higher while volumes remain lower each week, Kevin Brogan, the CoreLogic auction analyst noted.
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There were 500 Melbourne homes taken to auction this week, 73.3 per cent of which sold, up on the 71.7 per cent final auction clearance last week when volumes were slightly higher at 544.
Melbourne's top $2.825 million sale was 44 Alma Terrace, Newport, four bedroom house that sold through Greg Hocking Elly Partners.
It was listed with a $2.45 million to $2.65 million price guide. 
Architect Tina Lindner modernised the home behind its classically Californian bungalow style home set in landscaping by Acre Design Studio.
Its rear pool went in only last year after a $25,000 cost application went into the Hobsons Bay local council.
Melbourne had the nation's cheapest auction when $353,000 was paid at Forest Hill, in the outer eastern suburbs.
The one bedroom strata villa was sold by Woodards Blackburn at 1//9 Morloc Street. The price guide had been $330,000 to $360,000, having last sold at $295,000 in 2010.
Volumes were relatively steady across Sydney, however it returned a lower week-on-week clearance rate.
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There were 381 homes taken to auction across Sydney returning a preliminary auction clearance rate of 74.8 per cent, lower than the 75.7 per cent final clearance rate the week prior when 394 auctions took place.
Across the smaller auction markets, volumes increased across all cities with the exception of Tasmania. 
Brisbane was the best performing according to preliminary figures with 54 per cent of homes clearing at auction, while only 28 per cent of Perth homes sold.
Brisbane's top sale was $1,746,000 at Holland Park. The five bedroom 24 Percival Terrace was sold by Belle, who advised it was $146,000 above reserve.
It last sold at $1,453,000 in 2016.
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Set on a large 1,176sqm block, the home has views across the city to Mount Cootha and the Glass House Mountains. 
There were six bidders who registered to secure the offering.
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Pre-auction Tamarama sale tops weekend auctions

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Dean Parkinson, the founder of the Honeywagons fleet of makeup vans and his wife, Deborah, have sold their Tamarama home.
They secured $4.75 million pre-auction. 
The <a href="https://www.realestate.com.au/sold/property-house-nsw-tamarama-131443302" target="_blank" data-saferedirecturl="https://www.google.com/url?q=https://www.realestate.com.au/sold/property-house-nsw-tamarama-131443302&amp;source=gmail&amp;ust=1564620124011000&amp;usg=AFQjCNFwy9uPG8Fj688Dsl7QCgnRkDCcng">Kenneth Street home </a>had a $4.25 million guide ahead of its August 3 scheduled auction. 
Set in the Tamarama horseshoe, halfway between Tamarama and Bondi Beach, the designer home features views of the coastline, cliffs, beach and rolling waves.
<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/2019/8/1/tamarama%202.jpg" alt="">
The home comprises master bedroom with large balcony, two additional bedrooms, living and dining area, Chef's gas kitchen and courtyard.
Other highlights include high barrel ceilings, intercome, and oversized garage with storage. 
<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/2019/8/1/tamarama%203.jpg" alt="">
It's located within close proximity to cafes, restaurants, shops and transport. 
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Dean Parkinson secures $4.75 million in Tamarama

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Veteran Sydney jockey Glyn Schofield, who finished fourth onboard Le Romain in The Everest last month, has failed to flip the Tamarama apartment he bought just last year.
The apartment, that cost Schofield $2.3 million last year, passed in at the same price at its recent auction, so it's staying as an investment with $1,550 a week tenants.
McGrath Edgecliff agent Simon Exleton, who also sold Schofield the unit, said he is happy to hang on to the apartment and re-list in the new year.
Spanning 120 square metres, the unit has three bedrooms, two bathrooms and a large balcony.
It sits in the boutique Pertama complex of just 10 apartments, with only two per floor.
The Marchese Architects-designed building was brand new when Schofield early last year. 
Schofield has racked up over $50 million in prize money for his owners over his illustrious 18 year career.
This article first appeared in The Daily Telegraph. 
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