Challenging the trend of compact living, <a href="https://www.apartments.com.au/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne-vic-3205">The Eighth</a> delivers true house-like scale in a vertical format.

Positioned on the penultimate level of The Eighth, a newly completed development by <a href="https://www.apartments.com.au/developers/crema-group">Projects by Crema</a>, the sub-penthouse offers more than just generous dimensions, it redefines what sub-penthouse living can look like in Melbourne’s Domain Precinct.

At 256 sqm, this residence exceeds the scale of most new apartments on the market. It provides the proportions of a freestanding home - three bedrooms, three bathrooms, a study, walk-in laundry, and a separate retreat - all within the security and convenience of a high-end vertical community.

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Its elevated corner position allows for uninterrupted, 270-degree views across the city skyline, Albert Park and the Botanic Garden, an outlook increasingly difficult to replicate in denser urban pockets. Full-height glazing frames these views throughout the home, anchoring each room to its setting.

Designed by Miriam Fanning of <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a>, the interiors prioritise durability and spatial clarity. Stone benchtops, cove lighting, custom joinery and a fireplace enrich the central living areas.&nbsp;

[smartcode_project:default project_id=5345 project_image_fid=354159]

A Gaggenau kitchen with integrated Liebherr refrigeration and a full butler’s pantry supports serious home cooking and entertaining, while a wine cellar and media room add versatility.

Each bedroom features a tiled ensuite and bespoke robes, with the main suite offering privacy and corner views. Private lift access, ducted air conditioning, three side-by-side car parks and ample storage round out the functional offering.

[smartcode_project:default project_id=5345 project_image_fid=354160]

Residents of The Eighth benefit from a cohesive lifestyle ecosystem. A rooftop pool and BBQ terrace, wellness facilities at EQ, and an Italian café downstairs all contribute to a vertically integrated community - balancing amenity with calm, day-to-day usability.

Located just off St Kilda Road and moments from ANZAC Station and The Tan, The Eighth provides immediate access to transport, green space and cultural institutions, while remaining quietly removed from the city’s pace.

[smartcode_project:default project_id=5345 project_image_fid=354141]

Importantly, the building is complete. With just 36 apartments across 18 levels, The Eighth offers long-term privacy, minimal turnover, and immediate move-in certainty.&nbsp;

The sub-penthouse stands as one of the final, and most compelling, opportunities within this now-established address.

Taylor Dow of <a href="https://www.apartments.com.au/project-marketer/dow-real-estate">DOW Real Estate</a> is the exclusive selling agent for the sub-penthouse, and the remaining few apartments in The Eighth.

[smartcode_project_cta:default project_id=5345]

Staff Writer

A rare South Melbourne sub-penthouse with room to move

Just weeks after launching to their latest new Melbourne apartment development to the market, national apartment developer&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has secured the sale of its sub-penthouse.

A local downsizer has spent $6.25 million on a sub-penthouse in The Parker, just 24 apartments on the the doorstep of Caulfield Park. The sale equated to $23,000 per sqm.

The buyer was drawn to the&nbsp;park-fronted lifestyle and panoramic city and bay views.

&nbsp;

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“The first sale at $6.25 million completely vindicated our decision to acquire the site and reimagine it for owner-occupiers,” said Andrew Leoncelli, Managing Director of Abadeen.

“We took what was originally conceived as a smaller apartment product and transformed it into something exceptional — larger homes of enduring quality and understated luxury.”

&nbsp;

[smartcode_project:default project_id=145454 project_image_fid=352397]

<a href="https://www.apartments.com.au/new-apartments/the-parker-on-caulfield-park-219-balaclava-road-caulfield-north-vic-3161">The Parker</a>&nbsp;has been designed by&nbsp;award-winning architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/powell-glenn">Powell &amp; Glenn</a> and will be enveloped in landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>. It was the position within the context to the park that drove the design of the building, with 70 per cent of the apartments overlook the 28-hectare space complete with&nbsp;walking trails, ovals, and playgrounds.

“Caulfield Park isn’t a typical recreational space, it has a generosity and nuance in its layering of trees and light,” said Ed Glenn, Principal at Powell &amp; Glenn.

“Our aim was to create a building that feels grounded and connected, with spaces that open to the park and unfold with light. The architecture provides a sense of refuge and prospect, balancing intimate privacy with expansive views."

&nbsp;

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The architecture is defined by sculptural columns that flare like tree trunks, cascading greenery by Acre that softens the façade, and interior spaces by Powell &amp; Glenn’s Clementine Jacobs that use stone, timber, and brass finishes designed to age beautifully over time.

“The Parker is about connection where the building meets the park, people meet nature, and elevated design meets everyday life,” said Brett Robinson, Creative Director of Acre.

“We’ve created lush, year-round gardens that drape the building, softening its form and bringing the outdoors in. Every balcony and outdoor space is treated as an intimate ‘room’ framed by planting, texture, and movement. Sustainability is about timelessness; using robust, natural materials and drought-tolerant plantings that endure.”

[smartcode_project:default project_id=145454 project_image_fid=353657]

The Parker is Abadeen's second Melbourne apartment development, following the successful Malea, on Central Park in Malvern, which recently completed its construction.

“The Parker offers something truly unique; design elegance, community connection, and green space at your door,” Leoncelli added.

“It’s the kind of place you dream about, then realise you can actually live in.”

[smartcode_project_cta:default project_id=145454]

Joel Robinson

Abadeen launches The Parker in Caulfield North, secures $6.25 million sub-penthouse sale

It’s been 15 long years since the former Balmain Leagues Club was open to the public. The large 7,330 sqm Victoria Road site had grown progressively more derelict since the doors to the former club shut back in 2010.

Earlier this year, the vertically integrated developer PERIFA, part of the Versatile Group of companies, stepped in and acquired the site, quickly getting to work on construction through its building business Versatile Construction.

PERIFA teamed up with financier Mitsubishi Estate Asia to create <a href="https://www.apartments.com.au/new-apartments/rozelle-village-rozelle-152-victoria-road-rozelle-nsw-2039">Rozelle Village</a>, a new community heart of the charming inner west suburb. The mixed-use precinct will not only be home to around 150 one-, two-, and three-bedroom apartments, but also feature a fully activated ground plane with extensive hospitality venues and retail spaces.

[smartcode_project:default project_id=8142 project_image_fid=338]

A new club will replace the old Balmain Leagues Club. The public plaza will include a range of new food and hospitality venues, a community art studio, and a retail precinct anchored by a full-line supermarket, a first for the peninsula.

The apartments will be spread across three interconnected buildings designed by Studio SC, with interiors by SJB.

[smartcode_project:default project_id=8142 project_image_fid=335]

Buyers weren’t prepared to wait any longer to purchase. When it was time to start selling the development, PERIFA and SRM Residential had buyers queuing out of the display suite door. They secured over 40 sales on launch, including several high-end three-bedroom apartments with sales reaching up to $6.9 million.

Demand has been driven largely by local owner-occupiers who have had <a href="https://www.apartments.com.au/developments/rozelle-nsw-2039">Rozelle</a><a href="https://www.apartments.com.au/new-apartments/rozelle-village-rozelle-152-victoria-road-rozelle-nsw-2039"> Village</a> on their radar for some time, many of them already living in apartments and looking to upgrade without giving up lifestyle, walkability, or views.

[smartcode_project:default project_id=8142 project_image_fid=325]

Perilli, Co-Founder and Managing Director of PERIFA and Versatile Group, said the community has had to put up with a derelict site on their doorstep for too long.

“The Balmain Leagues Club in Rozelle, which closed in 2010 to make way for the NSW Government Metro Transport Project, was once a hub for local families to come together and enjoy entertainment and hospitality. We’re delighted to embark on a new era for the site, together with our partners Mitsubishi Estate Asia,"&nbsp;Perilli said.

"Our shared vision for <a href="https://www.apartments.com.au/new-apartments/rozelle-village-rozelle-152-victoria-road-rozelle-nsw-2039">Rozelle Village</a> is to create a mixed-use precinct that is thoughtfully designed and caters to new residents and the community alike. It will be a major meeting place for the community that embraces the unique character of the Balmain/Rozelle peninsula, while helping to shape its next chapter.”

[smartcode_project:default project_id=8142 project_image_fid=326]

The residential offering will cater to downsizers, families, and local owner-occupiers, with an emphasis on larger floorplans, high-quality finishes, and expansive views across Iron Cove, Sydney Harbour, and the Parramatta River.

Residents will have private access to a rooftop pool, taking in the views, a rooftop yoga lawn, and podium level gardens.

[smartcode_project_cta:default project_id=8142]

From leagues club to lifestyle precint: Inside Rozelle Village 

Roberts Co has entered a new phase of growth following its acquisition by Arada, one of the world’s fastest-growing property developers in Australia.

The acquisition is supported by a $50 million capital injection into Roberts Co’s Australian balance sheet, consisting of the previously announced $25 million recapitalisation and an additional $25 million in new funding from Arada.

This investment strengthens Roberts Co’s financial position, stabilises operations, and provides the foundation for strategic expansion beyond its New South Wales base, with a focus on new opportunities in Queensland, including the Brisbane and Gold Coast regions.

With Arada’s international resources and financial backing, Roberts Co will broaden its portfolio across residential, commercial, and infrastructure sectors, reinforcing its strong market position in New South Wales and setting itself to capture growth in one of Australia’s most dynamic construction markets.

Ahmed Alkhoshaibi, Group CEO of Arada, said Roberts Co has a proud Australian heritage, an outstanding delivery record, and a strong reputation for collaboration with clients and partners.

"By combining this expertise with Arada’s global scale and financial capacity, we are creating a platform for sustained growth in the Australian market,"&nbsp;Alkhoshaibi said.

“Our $50 million capital injection, including new funds from Arada, underlines our commitment to both stabilise and expand Roberts Co’s operations, particularly into the fast-growing Queensland market. We see significant potential in South-East Queensland’s pipeline and are confident Roberts Co is well placed to deliver lasting value for clients and communities.”

George Kostas, CEO of Roberts Co, said Queensland, and particularly South-East Queensland, is one of the most active and opportunity-rich regions in Australia right now.

"The lead-up to the Brisbane 2032 Olympic Games will bring unprecedented investment across housing, transport, and infrastructure. Roberts Co is eager to play a major role in that transformation and secure a meaningful share of this fast-growing market.”

Arada pours more funds into Roberts Co, flags expansion into South East Queensland construction market

<a href="https://www.apartments.com.au/developments/hurstville-nsw-2220">Hurstville</a> has quietly become one of Sydney’s most resilient property markets. Supported by strong transport links, infrastructure investment and a growing multicultural community, the St George hub continues to outperform much of the metropolitan market for both capital and rental returns.

According to Positus Property Investment, Hurstville now ranks among Sydney’s top performers for yield consistency, underpinned by population growth of nearly five per cent since 2021 and persistently low vacancy rates.&nbsp;

Limited new supply is tightening the market further - new dwelling approvals have fallen from close to 600 to under 200 in FY25, a structural shortfall that’s placing upward pressure on rents and resale values.

[smartcode_project:default project_id=149850 project_image_fid=278]

As one of the final residential stages in the Kempt Field precinct anchored by Woolworths, <a href="https://www.apartments.com.au/developers/the-one-collection">The One Collection</a>'s <a href="https://www.apartments.com.au/new-apartments/horizon-hurstville-6-jack-brabham-drive-hurstville-nsw-2220">Horizon</a> represents a rare opportunity to buy into a location experiencing both infrastructure-led growth and constrained supply&nbsp;- now made even more compelling with a limited-time five per cent deposit and matching rebate incentive.

Positus notes that the suburb’s combination of “relative affordability, low vacancy, and rising population” is creating a recipe for continued rental growth and capital appreciation. Weekly rents are increasing faster than strata and outgoings, with two-bedroom apartments seeing the deepest tenant demand - supporting healthy yield margins even after costs.

[smartcode_project:default project_id=149850 project_image_fid=281]

Horizon prices begin from $668,000, with one, two, and three-bedroom apartments offering flexible entry points for investors.&nbsp;

The project’s location, a short walk to Hurstville Station, Westfield, and an upcoming dining laneway, St Clair Lane, underscores its liquidity and day-to-day convenience.&nbsp;

A 19-minute express train connects residents to the Sydney CBD, while arterial upgrades such as the M6 and WestConnex further enhance connectivity.

[smartcode_project:default project_id=149850 project_image_fid=275]

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a>, Horizon’s soft, organic façade mirrors the parkland of Kempt Field, while interiors prioritise light, durability, and smart functionality.&nbsp;

Each home features Smeg appliances, smart home automation, and generous balconies overlooking the bay and skyline.&nbsp;

Amenities include a gym, sauna, games room, meditation deck, and landscaped courtyards, with wellness and social spaces designed to foster community.

[smartcode_project:default project_id=149850 project_image_fid=279]

From an investment perspective, Horizon offers what Positus describes as a “value and income sweet spot.” At an average entry price around $745,000 and yields near five per cent, Hurstville units remain roughly $200,000 below comparable inner-west suburbs, allowing investors to capture metro proximity without inner-city risk exposure.

Horizon will deliver 179 one, two, and three-bedroom apartments above St Clair Lane.&nbsp;<a href="https://www.apartments.com.au/builders/masscon">Masscon</a> is on site moving its way up the building, which is scheduled for completion in late 2026, with move-in expected shortly after.

One Collection is currently offering a five per cent deposit incentive for a limited time.

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The One Collection opens new investment window at Horizon Hurstville with limited-time incentives

The Castle

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The actual house that starred in cult movie classic The Castle has been moved to a new address.
The Kerrigan's home was supposedly located at 3 Highview Crescent, Coollaroo which was actually 3 Dagonet Street, Strathmore in Melbourne.
But now the weatherboard - cut into four segments - has been placed on four semi-trailers for the 274-kilometre journey from Strathmore in the north-west of Melbourne.
<div class="advertisement conditional">A crane lifted the sections off the trucks in a four-hour operation at Beechworth’s Mayday Hills.</div>
<div class="assets">
George Fendyk bought the house for $40,000 at auction in July with plans to use it as an office for a caravan park at Mayday Hills.
<div class="assets">
Fendyk expects work on the house will begin soon.
The rebuilt house will have a specially built pool room to mirror the movie’s famous reference point.
Pending planning permits he hopes the caravan park will be open in June, likely to have 20 to 30 sites.
George Fendyk and Geoff Lucas bought the former Mayday Hills asylum at Beechworth in 2013 for $1.5 million
The arrival of The Castle home at Beechworth follows an earlier plan to relocate it to Corowa’s whisky and chocolate mill.
The home’s previous owner will build two townhouses on her block in Strathmore which borders Essendon airport.
</div>
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firstname1-iYD4UYzvBa

The Castle, at Mayday Hills, Beechworth set for serious pool room

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Bidding for the home from the 1997 hit film The Castle opened today at $100 with the auctioneer replying 'tell 'em you're dreaming'.
The Kerrigan's famous house fetched $40,000 under the hammer after Brad Teal agents Rebecca Towns and Noel Kenny said it could fetch anywhere between $1000 and $10,000.
It was sold to Beechworth-based businessmen George Fendyk and Geoffrey Lucas.
They plan to use it as a tourist attraction for a yet-to-be approved caravan park on the site of a former hospital lunatic asylum more than 200 kilometres away.
Fendyk said he saw the home in person for the first time minutes before the auction. 
The cost to move the three bedroom home is around $45,000 to $50,000.
The humble Melbourne weatherboard home adjacent to the Essendon airport was sold on its own, and not with the land it is located on.
The longtime owner, Vicky Cosentino, said she would take what she could get at its auction.
Cosentino wants to build a townhouse now that the Moonee Valley council voted not to pursue permanent heritage protection for the home.
Rebecca Towns and Noel Kenny from the Brad Teal agency were expecting it to fetch anywhere between $1000 and $10,000. It had a reserve of $5,000.
It was marketed the house as “the ultimate piece of movie memorabilia."
Prior plans by NSW entrepreneurs to relocate it failed to proceed.
Interest has come from councils seeking to add a tourist attraction in their district and investors looking to use it as an Airbnb.
 
 
 
 
 
 
 
 
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jrobinson-rf4aSBido9

The Castle auctioneer says 'Tell 'em you're dreaming' to opening $100 bid

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The home famous for its setting as Darryl Kerrigan's home in the iconic 1997 film The Castle, has sold for $40,000 at its auction today.
The humble Melbourne weatherboard home adjacent to the Essendon airport was sold on its own, and not with the land it is located on.
The longtime owner of the home said she would take what she could get at its auction.
Rebecca Towns and Noel Kenny from the Brad Teal agency were expecting it to fetch anywhere between $1000 and $10,000.
The buyer will need to spend another $45,000 to $50,000 on getting it relocated.
It was marketed the house as “the ultimate piece of movie memorabilia."
Prior plans by NSW entrepreneurs to relocate it failed to proceed.
Seller Vicky Cosentino wants to build a townhouse now that the Moonee Valley council voted not to pursue permanent heritage protection for the home.
Interest has come from councils seeking to add a tourist attraction in their district and investors looking to use it as an Airbnb.
 
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j.ballantyne1990-6AQqhLzZaK

The Castle home sells for $40,000 at auction

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The Bonnie Doon house made famous in The Castle is now up for rent on Airbnb.
It comes as the other home from the 1997 film prepares to go under the hammer in Strathmore on Wednesday afternoon
Mel bought the Bonnie Doon abode two years ago from a Sydney investor who had also rented it out.
She has spent about a year fixing it up before now offering it as a <a href="https://www.propertyobserver.com.au/https://www.airbnb.com.au/rooms/5389205" target="_blank">short-term holiday rental</a> at $200 a night, plus cleaning costs.
“You’re not dreaming,” the Airbnb listing reads. “The serenity is real.”
To offer guests the true Castle experience, Mel has collected items that she thought Darryl and Steve Kerrigan would have found in the Trading Post.
She even built a “pool room” out back to house extra guests. 
“I just love telling people when I buy things that they’ll be going straight to the pool room,” she told The Herald Sun. 
The house has been styled with a retro theme.
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Bonnie Doon house made famous in The Castle up for rent on Airbnb

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The longtime owner of the house from The Castle says she’ll take what she can at tomorrow's auction of the humble Melbourne weatherboard that sits adjacent to the Essendon airport.
It is famous for its setting as Darryl Kerrigan’s “castle” in the iconic 1997 film.
The house at 3 Dagonet Stret, Strathmore is up for grabs, but only the iconic house, not the land.
Rebecca Towns and Noel Kenny from the Brad Teal agency are expecting it to fetch anywhere between $1000 and $10,000 as the buyer will then need to spend another $45,000 to $50,000 on getting it relocated.
They are marketing the house as “the ultimate piece of movie memorabilia."
Prior plans by NSW entrepreneurs to relocate it failed to proceed.
Seller Vicky Cosentino wants to build a townhouse now that the Moonee Valley council voted not to pursue permanent heritage protection for the home.
Interest has come from councils seeking to add a tourist attraction in their district and investors looking to use it as an Airbnb.
A Sydney property investor Richard Moseley owned the other house, the Bonnie Doon holiday fibro near Lake Eildon, selling the shack for $200,000, after nine year ownership having paid $169,950 in 2006.
This article first appeared in the Sunday Telegraph.
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Councils consider The Castle for tourist attraction

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The house at 3 Dagonet Stret, Strathmore is up for grabs. But only the iconic house, not the land.
The longtime owner of the house from The Castle says she’ll take what she can at <a href="https://bradteal.com.au/property/1897/" target="_blank">July 25 auction</a> for the humble Strathmore weatherboard that sits adjacent to the airport.
It is famous for its role as Darryl Kerrigan’s “castle” in the 1997 film.
Rebecca Towns from the listing agency Brad Teal is expecting it to fetch anywhere between $1000 and $10,000 as the buyer will then need to spend another $45,000 to $50,000.
Brad Teal is marketing the house as “the ultimate piece of movie memorabilia” and a “once in a lifetime opportunity to purchase a piece of Australian history”.
“It’s sure to excite movie enthusiasts, entrepreneurs and great Aussie battlers,” the listing said.
<div class="wp-caption"><img class="size-full wp-image-186528" src="https://www.realestate.com.au/blog/wp-content/uploads/2017/06/29120653/capi_4c0c5bb1ef566088c0d1e66472ce6b9c_6695ec45674d6cbbcefd1215e54c3fb4.jpeg" alt="3 Dagonet Street Strathmore, for Herald Sun reales" data-capiid="6695ec45674d6cbbcefd1215e54c3fb4"></div>
Seller Vicky Cosentino told The Herald Sun she couldn’t wait for someone to take the house off her hands after 24 years of ownership which included the two-week shoot of The Castle, which she advised she never gave permission for.
Cosentino has wants to build two townhouses after the Moonee Valley council voted not to pursue permanent heritage protection for the home.
It drew interest from Federation Council and Corowa Whisky, who considered moving it north of the river as a tourist attraction. But that never eventuated.
“To tell you the truth, yes (I’m over it),” Cosentino said.
“Even if I get $2000 or $3000 for it, as long as it’s moved off my property. It’s nothing to do with the money.
“I would like to see someone look after it, but I really don’t mind where it goes, whether it’s to Mildura or Bonnie Doon.”
Towns expected the house to suit first-home buyers who already had some land, or an investor looking to use it as an Airbnb.
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The Castle

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The Castle

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