A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

Joel Robinson

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Developer <a href="https://www.apartments.com.au/developers/auyin-property-development">Auyin</a> is the latest to turn to the Victorian Government's Development Facilitation Program in an effort to secure approval for its long-planned, mixed-use project in Elsternwick.

In 2018, Auyin lodged plans with Glen Eira City Council for a 14-storey building, however Council approved a reduced eight-storey scheme. A subsequent VCAT appeal in 2019 upheld the eight-storey height limit.

The project was later amended to nine storeys, but Auyin is now seeking to revive something closer to its original vision. The developer argues that the planning context has evolved significantly over the past decade, particularly within the Elsternwick Activity Centre, where higher-density development has increasingly been encouraged along Glen Huntly Road.

The proposal would transform the 1,239 sqm site at <a href="https://www.apartments.com.au/new-apartments/7-12-horne-street-elsternwick-vic-3185">7-15 Horne Street</a>, opposite Elsternwick Railway Station, into a 13-storey residential and retail development designed by CBG Architects, with 40 apartments

The site currently comprises three commercial properties.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="5f465dd4-509b-4082-a669-0253b313914b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20podium.png?VersionId=72frWi0SmQ5AVJ3ARRhX5ILUYObhTm7x" />

The proposed apartment mix comprises 25 two-bedroom and 15 three-bedroom residences above 200 sqm of retail space at ground level. Residents would have access to a 90 sqm wellness facility, a 351 sqm communal indoor and outdoor terrace on the third level, and extensive landscaped areas throughout the development. A publicly accessible 135 sqm plaza would be created on the north-east corner of the site, providing seating, landscaping, and a new gathering space adjoining Horne Street.

The design adopts a four-storey podium that references the finer-grain character of the surrounding streetscape, with the upper tower recessed behind generous setbacks on all boundaries.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="e637e763-2abc-4c34-a0aa-5c7ad36fae18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20open.png?VersionId=J1AoOpZgTyaF.KeeFSX6lMjEScX8KKRi" />

A key element of the proposal is the reconfiguration and widening of the surrounding laneways. Vehicle access would be retained from Lois Lane, with upgraded pedestrian connections linking Ross Street and Horne Street. The development would provide 58 residential car spaces, two retail car spaces, and 52 bicycle spaces across two basement levels and ground-floor facilities.

Architecturally, the building draws inspiration from the established character of Elsternwick Village. The façade combines dark charcoal brickwork, textured concrete, bronze-toned metal detailing, and extensive planting integrated into podium and tower levels. The design also incorporates a chamfered corner treatment and publicly accessible plaza intended to strengthen pedestrian activity around the station precinct.

Elsternwick's last new development completion was&nbsp;EVA Elsternwick by Pitard late last year. <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> is working away on its nature-led neighbourhood, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, on Gordon Street, with its first stage expected to complete next year.

First look: Auyin seeks mixed-use apartment project in growing Elsternwick Activity Centre

<a href="https://www.apartments.com.au/new-apartments/otium-parkdale-123-125-como-parade-east-parkdale-vic-3195">Otium Parkdale</a>, the 13-residence boutique development by&nbsp;<a href="https://www.apartments.com.au/developers/huxtable-property">Huxtable Property</a>, has entered its final stages of delivery, with completion expected within the coming month and more than half of the residences sold.

The Como Parade East project is nearing the finish line at a time when opportunities to purchase new apartments in <a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> remain exceptionally limited. Fewer than 10 per cent of dwellings in the bayside suburb are apartments, making developments like Otium a relatively rare addition to a market traditionally dominated by detached housing.

[smartcode_project:default project_id=134974 project_image_fid=5427]

The three-level development comprises 13 residences, including ten two-bedroom apartments and three larger three-bedroom homes, all positioned above a secure basement car park.

Designed by <a href="https://www.apartments.com.au/architects/almeida-architects">Almeida Architects</a> with a strong connection to its coastal surroundings, Otium combines red brick, exposed concrete and dark metal detailing with integrated landscaping and greenery. Expansive glazing, generous balconies and terraces have been incorporated throughout the design to maximise natural light and reinforce indoor-outdoor living.

Inside, the residences feature engineered European oak flooring, natural and reconstituted stone benchtops, Bosch kitchen appliances, ducted heating and cooling, lift access and secure entry systems. The larger three-bedroom residences on the upper level have been designed with house-like proportions, while the two-bedroom apartments prioritise functionality, flexibility and low-maintenance living.

[smartcode_project:default project_id=134974 project_image_fid=5421]

The project is now in its final stages, with <a href="https://www.apartments.com.au/builders/labco">Labco</a> completing the remaining landscaping and external finishing works following the completion of the residences' interiors.

Otium's location within the heart of Parkdale continues to underpin its appeal. Residents will be just steps from local cafés, restaurants, shops and the newly elevated Parkdale Station, while the beach is less than a kilometre away.

With the project tracking ahead of schedule, buyers can currently secure a residence with a five per cent deposit and benefit from settlement terms of up to eight months. The advanced stage of construction also provides buyers with the opportunity to walk through the near-complete residences and experience the quality and finishes firsthand ahead of completion.

[smartcode_project_cta:default project_id=134974]

Otium Parkdale enters final month before completion as rare apartment opportunity nears sellout

A new boutique apartment development is entering the market in <a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a>, with Brisbane-based developer <a href="https://www.apartments.com.au/developers/ausdev">Ausdev</a> bringing 33 residences to a well-connected pocket of Brisbane's north.

<a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">Parkdrive Apartments</a>, at 25 Sammells Drive, will comprise a mix of one- and two-bedroom residences positioned within walking distance of Westfield Chermside, The Prince Charles Hospital, and Bradbury Park.

Established in 1989, Ausdev has a long-standing presence across both development and construction, with Parkdrive Apartments representing its latest residential project in Brisbane's northern suburbs.

[smartcode_project:default project_id=152125 project_image_fid=363778]

The development has been designed around open-plan living and natural light, with residences featuring stone benchtops, timber cabinetry, BOSCH appliances, and private balconies that extend the living areas outdoors.

Kitchens are positioned as the centrepiece of the homes, incorporating natural material palettes and integrated appliances, while bathrooms have been designed with a focus on functionality and understated finishes.

Residents will have access to a communal barbecue and entertaining area on Level 3, providing shared outdoor space within the development. Secure parking and lift access are also incorporated into the building.

The project will deliver a limited collection of 33 apartments, with one-bedroom residences priced from $749,000.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Beyond the building itself, the location places residents within easy reach of several of Chermside's key amenities. Bradbury Park is around 350 metres away, while Westfield Chermside is approximately 1.3 kilometres from the site. The Prince Charles Hospital is located within 750 metres, and the Chermside Bus Interchange is around 1.5 kilometres away, providing connections across Brisbane.

Parkdrive Apartments adds to the growing residential pipeline in Chermside, a suburb that continues to evolve as a major retail, healthcare, and transport hub for Brisbane's north.

[smartcode_project_cta:default project_id=152125]

Ausdev introduces boutique Parkdrive Apartments to Chermside's growing centre

<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Tasmania

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A pristine three bedroom waterfront property located within Binalong Bay, Tasmania has been listed for sale with a price guide of $675,000.
The 2351 sqm block at <a href="https://www.realestate.com.au/property-house-tas-binalong+bay-125208942" target="_blank">346 Gardens Road</a> has been scenically landscaped and is perfectly suited as a holiday home, positioned only 150m to Swimcart Beach.
Binalong Bay is a small coastal town in north-east Tasmania, situated at the southern end of the Bay of Fires. Originally a fishing hamlet, the town is now a village commanding a median price of $277,500. 
Upstairs consists of open plan living, dining and kitchen, one bedroom and a wrap-around deck. Downstairs consists of a further two bedrooms, modern bathroom and a small enclosed courtyard.
Buyers can also enjoy a sheltered deck, BBQ area, two storage sheds, vegetable garden and wooden paths leading through the native vegetation.
A five bedroom property at <a href="https://www.realestate.com.au/sold/property-house-tas-binalong+bay-122407434" target="_blank">88 Main Road</a> traded in May 2017 for $1.19 million.
A four bedroom home at <a href="https://www.realestate.com.au/sold/property-house-tas-binalong+bay-123556342" target="_blank">2 King Street</a> sold for $655,000 in February 2017. 
The residence is sold through Surf Coast Realty agent Dane Cumming.
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j.ballantyne1990-6AQqhLzZaK

Pristine waterfront Binalong Bay property listed 

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An iconic Victorian manor in Tasmania, part of which is primarily used now as a meeting and function centre, is on the market.
<a href="https://www.realestate.com.au/news/campbell-towns-the-grange-is-a-grand-country-home-with-a-thriving-business-too/" target="_blank">The Grange</a>, in its modern form, opened in 2007 and provides six conference rooms for up to 150 delegates.
It offers a full range of catering from its commercial kitchen to indoor and outdoor courtyards with a cafe, barbecue and dining options.
The venue is fully licensed and it has a large range of clientele, including government, business and community groups.
The property contains three titles, with a land area of 2.7881 ha, including 1.32 ha of vacant residential land.
<img src="https://www.urban.com.au/images/2017/05/16/CampbellTown1.png" alt="">
The house was built in 1847. It is a Victorian rustic Gothic manor and a heritage-listed property with a fascinating history of occupation.
The Grange was built for Dr William Valentine, was one of Campbell Town’s most active early citizens, in 1947. 
He established Turkish baths, acted as Lay Preacher at the Anglican Church, was instrumental in the construction of St Luke’s Sunday school, set up a reading room and library and built two pipe organs himself, according to www.campbelltowntasmania.com.
Although currently an owner’s residence, the property has the potential to be converted into a bed and breakfast place with a licensed restaurant, which was its previous use prior to 2007.
“From its beautiful glass conservatory with its fruit-laden grapevine to the grand dining room, The Grange is certain to delight and impress,” says the property’s description on www.realestate.com.au. 
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jonathanchancellor-7SQnKwU6yx

Heritage-listed country home The Grange in Tasmania's Campbell Town listed

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One of Australia’s top truffiere’s, Needlesdale, around the Great Western Tiers mountain range in the rural farming region of Northern Tasmania, is on the market. 
The property at <a href="https://www.realestate.com.au/property-horticulture-tas-needles-7899878" target="_blank">110 Trickett Road Needles</a> is spread over nearly 80 ha, with approximately 50ha planted out to oak (potential to plant more) of varying ages up to 14 years old. 
Expected harvest of the prized Black Truffle is between 420 kg to 600 kg, and goes on from late May to mid-September. 
 <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/2017/05/17/Truffle.jpg" alt="">
Needlesdale can be bought as a going concern, or suited for someone keen to expand into the 'black gold' culinary market. It can also be developed further for tourism subject to council approval.
The property includes a three-bedroom manager's residence, modern machinery shed, Truffiere shed and some plant and equipment.
The Truffiere is close to the historic township of Deloraine, and midway between Launceston and Devonport. 
The property is being sold through expressions of interest closing June 23.
The listing agent is Michael Warren of Landmark Harcourts - Tasmania.
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Needlesdale truffiere in Tassie on the market

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Across the regional areas of Tasmania, a total of 6,074 residential house and agricultural properties sold over the year to November 2016, according to Landmark Harcourts’ latest Benchmark Report (<a href="https://content.landmarkharcourts.com.au/Content/Benchmark-Property-Data-Report" target="_blank">bit.ly/LHBenchmark</a>).
This represents a fall of 3.5 percent, meaning there were 222 fewer sales when compared to one year ago, while the total value of sales fell 4.5 percent to $1.7 billion over the 12 months to November 2016.
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.47.33%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.47.33%20pm.jpg" alt="">
Agricultural properties accounted for 27.1% of all regional Tasmanian sales and 32.1% of the value of sales.
Regional Tasmania recorded 1,647 agricultural sales over the year, 4.5% fewer than the previous year.
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.47.54%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.47.54%20pm.jpg" alt="">
Looking at land size, the majority of sales were on less than 40 hectares, with transactions in this category accounting for 93.3% of all agricultural sales.
The remaining sales were split between 40 to 100 hectares (4.3%), 100 to 1,000 hectares (2.4%) and greater than 1,000 hectares (0.1%).
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.48.08%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.48.08%20pm.jpg" alt="">
The total value of the 1,647 agricultural sales that transacted over the year to November 2016 was worth $553.9 million, -7.3% lower than over the 12 months to November 2015.
Broken down in to land sizes, 82.4% of the total value of sales was for properties less than 40 hectares, followed by 40 to 100 hectares (9.0%) and 100 to 1,000 hectares (8.5%).
<a href="https://www.propertyobserver.com.au/images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.48.19%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/24/Screen%20Shot%202017-03-24%20at%202.48.19%20pm.jpg" alt="">
A mixed farming property at <a href="https://www.realestate.com.au/property-mixed+farming-tas-bracknell-7886046" target="_blank">294 Brackneil Road</a>, Bracknell (above) has been listed for over $1 million.
Similarly a mixed farming property at <a href="https://www.realestate.com.au/property-mixed+farming-tas-seymour-7887094" target="_blank">19595 Tasman Highway</a>, Seymour (below) has been listed for over $1.2 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/2017/04/03/19595%20Tasman%20Highway.jpg" alt="">
A mixed farming property at <a href="https://www.realestate.com.au/sold/property-mixed+farming-tas-barrington-7789626" target="_blank">1854 Sheffield Road</a>, Barrington (below) was sold recently for $2.65 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/2017/04/03/1854%20Sheffield%20Road.jpg" alt="">
Similarly a mixed farming property at <a href="https://www.realestate.com.au/sold/property-mixed+farming-tas-somerset-7866082" target="_blank">83 Haywoods Lane</a>, Somerset (below) was sold on February this year for $520,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/03/83%20Haywoods%20Lane.jpg" alt="">
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Farms account for 27 percent of Tasmania's regional market sales

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Tasmania continues to see strong results in its prestige property market.
Villa Howden, just off the shore of North-West Bay, is the latest sale achieving $4.45 million.
Set on nearly two hectares, the former wedding venue has eight ensuited bedrooms, most with Juliet balconies.
The <a href="https://www.realestate.com.au/sold/property-house-tas-howden-124028906" target="_blank">chateau-like home </a>even comes with a grand dining room capable of seating up to 80 guests.
Unique Estate’s Australia agents Nicolette Van Wijngaarden and Dominic Romeo sold the home.
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Tasmania's Villa Howden sold

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Tasmanian tourist attraction Tahune Airwalk, located in the Southern Tasmanian forest, has changed hands for an undisclosed sum.
Established in 2001, <a href="https://www.realcommercial.com.au/property-hotel+leisure-tas-geeveston-502108050" target="_blank">Tahune Airwalk</a> has a 600 metre walkway and cantilever suspended above the forest canopy – additionally there are two swinging bridges, an Eagle Hang Glider Ride across the Huon River, a licensed cafe and visitor centre, eight accommodation rooms, function centre, walks, picnic and barbecue areas.
It is one of Australia’s leading tourist attractions with over 74,000 visitors per year.
The property earns more than $2.2 million pa. According to a report in The Mercury, tourism veteran Ken Stronach bought Tahune Airwalk from Forestry Tasmania in December for an undisclosed sum. 
Stronach has 35 years experience in the tourism industry and is on the board of Destination Southern Tasmania.
He has managed the Tahune AirWalk for three years and has a long history of developing and operating hotels in Tasmania and interstate, the report said. 
The selling agents were Ian Reed and Scott Newton of Knight Frank.
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Tasmania tourist hotspot Tahune AirWalk changes hands

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Filmmaker Scott Millwood is selling his Tasmania home, Triptree house, to move back to the mainland.
Designed by architect Ray Heffernan, the <a href="https://www.realestate.com.au/property-house-tas-taroona-124536570" target="_blank">four bedroom Taroona home</a>is suspended in a canopy of trees, with coastal reserve bushland on two sides.
Millwood paid $900,000 in 2015 for the home that has three outdoor entertaining areas and a small studio.
A private track leads down from the house through the landscaped gardens to Hinsby Beach, 
Brian Watchorn at Charlotte Peterswald for Property is seeking $1.2 million.
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Triptree House, Taroona listed by film maker Scott Millwood

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When it comes to affordability and lowest rents, there’s no beating Tassie.
Queenstown and Rosebery in Tasmania’s West Coast top the list of median rents in 2016 for both houses and units, according to property analysis firm CoreLogic.
While Queenstown had the lowest median rent of $140 per week for houses, Rosebery scored for units, again with a median rent of $140 pw, figures from CoreLogic’s Best of the Best 2016 show.
In fact, the West Coast appears in four places in the top 10 list of lowest median rents for houses.
Even though the median rents are the same for both Queenstown and Rosebery, the median price values are different. While in Queenstown, it is $90,008 for houses, in Rosebery the median is $76,846 for units, implying a higher rental yield in Rosebery.
Property Observer found some houses and units for rent in the two towns around the median prices.
1. A three-bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-419315994" target="_blank">25 Austin Street, Queenstown</a>, Tas 7467 (above) is available for $140 pw, the same as the median price. 
2. Another three-bedroom house at <a href="https://www.realestate.com.au/property-house-tas-queenstown-419853814" target="_blank">6 Hurst St Queenstown</a> Tas 7467 (below) is out for renting at $135 pw.
<img src="https://www.urban.com.au/images/2017/01/13/Screen%20Shot%202017-01-13%20at%209.33.42%20AM.png" alt="">
 
3. In Rosebery, a two-bedroom unit at <a href="https://www.realestate.com.au/property-unit-tas-rosebery-419504506" target="_blank">2/4 Huon Court Rosebery</a> Tas 7470 (below) is up for rent for $120 pw, well below the median price. 
<img src="https://www.urban.com.au/images/2017/01/13/Screen%20Shot%202017-01-13%20at%209.34.41%20AM.png" alt="">
Property Observer found only one unit with the applied filters around the median price.
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Tassie led in lowest median rents in 2016: CoreLogic data 

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<img src="https://counter.theconversation.edu.au/content/69215/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">
GUEST OBSERVER
States like Tasmania have benefited from the end of the mining boom says Christopher Kent, speaking for the last time as the RBA Chief Economist.
Lower interest rates have boosted the housing markets, and a lower Australian dollar has made agriculture and services more competitive in these states. 
But the news isn’t all rosy. Deloitte Access Economics projects Tasmania experiencing low-but-stable growth, buffeted by demographic trends. The state is also struggling with workforce participation, employment growth, labour productivity and educational attainment. 
All of this will need to be addressed for Tasmania to realise the full benefit of the end of the mining supercycle. 
<h2>Tasmania suffered during the mining boom</h2>
From early 2000 onwards, the Australian economy split in two. While the resource-rich west and north of Australia did very well during the mining investment boom, it was not really an exciting time for Tasmania. Tasmanian economist Saul Eslake noted:
"Not only did Tasmania not benefit from the mining boom, but it was actually hurt by it."
The boom drove inflation, interest and real exchange rates to very high levels. This was not favourable nor profitable for an economy that is highly reliant on competitive industries such as tourism, agriculture, manufacturing, forestry and building. 
Tasmania was severely affected as exports make up around 19 percent of its Gross State Product (GSP). A higher Australian dollar made Tasmanian exports more expensive for others to buy. Higher interest rates made it more costly and harder to invest. 
This also manifested within Australia, as Tasmania must compete with other states in the domestic market, even with the ACT whose exports only make up about 4.6 percent of its GSP. 
During this era, Tasmania posted an average 0.3 percent and 0.27 percent annual average decline in GSP and employment growth respectively.
<h2>Some sectors are booming now</h2>
Though NSW and Victoria are leading the way, Tasmania is doing well since investment in the mining industry peaked a few years ago. 
Lower interest rates and fuel prices are breathing new life into the Tasmanian economy. Tasmania is leading the nation in both retail spending growth and housing finance growth. The latter, growing around 10.3 percent year on year, is a leading indicator for real estate activity and housing construction. 
Tasmania’s exports are also doing particularly well and tourism is a major driver of the growth in services exports. Tasmania recently topped the tourism growth league table, with international visitor numbers growing 19 percent year on year, boosted mainly by Chinese visitors. It looks like China is now impacting the Australian economy through tourism as well as mining.
The Tourism Investment Monitor 2016 report shows a 47 percent increase in Tasmania’s tourism investment last year, while the nation as a whole grew just 12 percent. In Tasmania, an unsurprising 66% of tourism investment was allocated for arts, recreation and business investment.
<h2>The way forward</h2>
But despite this growth in tourism and retail, Tasmania is still falling short in economic growth when compared to other states. It is at or near the bottom of national ranks on a number of different metrics - workforce participation, employment growth, labour productivity and educational attainment.
Further, as Deloitte highlighted, Tasmania is facing a demographic problem. The state government does have a target to grow the population to 600,000, but birth rates are low and immigration isn’t picking up the slack. Tasmania’s population is growing slowly. 
Tasmania’s low population growth, coupled with its high ageing population, could significantly affect the labour force participation rate. The working age population as a percentage of total population is declining over time. There will soon be fewer workers and consumers, leading to lower investment and demand for retail and consumer goods and services. The ageing population will also raise the costs of health care and pensions, further affecting the state budget. 
Australia’s near term growth prospects, if focused on securing stronger growth in non-mining sectors, is definitely welcome news for Tasmania. Tasmania should take advantage of the Asia-Pacific region’s increasingly dynamic environment to boost its production and innovative capacity.
But for Tasmania to have a credible continuing growth path it needs to have a realistic assessment of its own growth prospect. Tasmania needs to focus on long-term growth drivers such as population, participation and productivity. The declining labour participation rate needs to be supported through enhanced labour productivity or population growth. If not, it could lead to more anaemic growth.
Mala Raghavan is lecturer of Economics, University of Tasmania and author for The Conversation. She can be contacted <a href="https://theconversation.com/profiles/mala-raghavan-213411" target="_blank">here</a>.
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There’s hope for Tasmania in the post-mining boom era

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The award-winning Villa Howden in Tasmania has been listed for sale. 
Located on 4.5 acres at<a href="https://www.realestate.com.au/property-house-tas-howden-124028906" target="_blank"> 77 Howden Road, Howden</a>, the estate has multiple uses, including wedding receptions, conferences and accommodation. 
The French provisional inspired 10-bedroom, 12-bathroom property expands over three levels and features a helipad, an a-la-carte restaurant with seating for 80 inside and 30 outside, a piano bar and a heated indoor swimming pool. 
The multi-purpose chateau-style estate also features Juliet balconies for most rooms and a separate two-story family villa with two bedrooms and two bathrooms. 
The villa currently provides boutique luxury accommodation to people visiting the North West Bay area, about 20 kilometres south of Hobart. 
The property is offered by Unique Estate’s Australia agents Nicolette Van Wijngaarden and Dominic Romeo. 
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