Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Joel Robinson

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

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“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

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Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
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The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
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Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
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“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
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“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

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Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

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Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place

Trophy Farm

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Larrakeyah, an expansive rural Talgai homestead in Queensland’s Darling Downs region, has been listed for sale.
Located at 111 Donovan Road, the estate is set on 175ha of fertile farmland and includes four Queenslander homes that were transported more than 175 kilometres.
<a href="https://www.realestate.com.au/property-house-qld-talgai-134533358" target="_blank">The 860 sqm Talgai residence</a> includes 23 rooms, five wood-burning fireplaces and a generously proportioned veranda.
Its offerings include seven bedrooms, three bathrooms, views to the Great Diving Range, and rows of garden beds, as well as two kitchens, one domestic and one commercial.
The commercial kitchen includes stainless steel benchtops, three refrigerators, a restaurant-quality gas stove, and a walk-in larder.
Sotheby’s International agent Michael Vettoretto is be marketing the property.
"It has the potential to be anything the owner wants," he said.
The home’s eastern wing has potential to be operated as an Airbnb-styled accommodation with a spacious living room, kitchen, bathroom, two bedrooms and a private entrance.
"The seven bedrooms mean if someone wanted to buy it with the intention of turning it into a unique homestay, they would be able to", Vettoretto said.
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Larrakeyah, luxury rural homestead in Queensland's Darling Downs listed

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Vaucluse, the historic 1830s Georgian homestead at Conara, south of Launceston, remains offered for sale, just three years after its last sale.
Now Vaucluse sits on 38 hectares which feature gardens with a pool and a gazebo overlooking the South Esk River.
The Midlands residence previously sat on a 2654 hectares, but the trophy home parcel has been subdivided since its $20 million sale in 2015.
The Conara farm was bought by US food and agricultural conglomerate Cargill, whose Australian rural interests include Billabong Station in the NSW Eurongilly Valley, the Temora aggregation in Southern NSW and the sugar cane Marwood Farm at Mackay, Queensland.
Now under the control of Proterra Investment Partners after a corporate break up, the company initially considered converting the Conara homestead into visitor accommodation to help pay for the upkeep.
The rustic set of stables has been restored as accommodation too.
<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/2019/2/25/Vauc2.jpg" alt="">
Vaucluse comprises 10 bedrooms, each with ensuite.
There's a commercial kitchen, formal dining room and a number of living and entertaining areas.
CBRE Agribusiness agents James Beer, Duncan McCulloch and Danny Thomas are marketing the property.
The imposing trophy home with slate room was possibly built in the 1830s to a design by Robert Bostock, adding to an earlier two storey section erected in 1820.
In 1847 John Bayles bought Vaucluse from the trustees of Robert Bostock’s estate for £9,000. Bayles was a magistrate for the district.
Longtime owners of the Georgian home were the McKinnon family from 1918 to the mid-1990s when they were caught in the insurer Lloyd's of London collapse which affected a number of wealthy Tasmanians.
Before Vaucluse's last sale, Michael and Susie Warner ran around 14,000 merino sheep and 400 Angus cattle. They also grew potatoes, poppies, grass seeds, canola and cereals.
It featured in their daughter, Georgina's book, Country Houses of Tasmania. 
<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/2019/2/25/Vauc3.jpg" alt="">
Author Georgia Warner and photographer Alice Bennett on the private colonial estates was published by Allen and Unwin in 2009.
At the time the Tasmanian Heritage Council chairman Michael Lynch noted Tasmania had more colonial heritage per capita than anywhere in Australia as historic buildings in Victoria and NSW were knocked down in prosperous times 
Georgian homes in Tasmania have enduring popularity.
The Lake House, arguably Tasmania's finest Georgian home, sold last year for $9.3 million, a state record.
It sits amid the six sales of Georgian homes in Tasmania that have transacted for over $1 million.
This article was first published in the Weekend Australian.
 
 
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Vaucluse on Tasmania's Midlands still for sale

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Leighton Farm, the former Tilba Tilba farm of Men at Work singer-songwriter Colin Hay has hit the market with $2.95 million hopes.
The near 19 hectare South Coast rural property at <a href="https://www.realestate.com.au/property-acreage+semi+rural-nsw-tilba+tilba-128412510" target="_blank">114 Youngs Road</a> has direct beach access to Akolele Beach.
John Murray at Whale Coast Realty suggests it would suit cattle or horses. He is marketing the property in conjunction with David Nolan at Webster Nolan.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/28/Hay2.jpg" alt="">
On the parcel is a two bedroom main residence with ocean, mountain and countryside views.
It was designed to take in the views from the living area, with extensive use of floor to ceiling windows and sliding doors.
 
There's an enclosed veggie garden, chook yard and orchard, as well as a steel machinery shed and protected paddocks.
 
 
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Former South Coast farm of Colin Hay for sale

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Nardoo, a Riddells Creek country property in Victoria's Macedon Ranges has been sold by Dr Paul Carter, who published memoirs in his book Tales of a Country Doctor, then his 2014 publication, Further Tales of a Country Doctor.
Since being taken up in the late 1880s, the 165 hectare estate has been owned by only a few.
Ivor Manton, one of two brothers who ran the then prestigious Manton's department store, was a prior owner.
During World War II prisoners of war were kept at the property. Four Italian prisoners worked on the farm during the day and were locked-up in the upper storey of an outbuilding at night.
Nardoo is split up in to three lots and has three houses, stables, a tennis court and a three hole golf course. The custom-built main house was designed by Alistair Knox in the 1970s. It comes with Matchem Skipper-designed chandeliers.
Kennedy &amp; Hunt agent Jason Kennedy <a href="https://www.realestate.com.au/property-mixed+farming-vic-riddells+creek-7949998" target="_blank">had the listing</a> with $4 million to $4.4 million hopes.
The property, with 25 paddocks, came with shearing shed that can handle 150 sheep at a time.
There was a stallion standing area, stallion parade area, amphitheatre and function centre   It came with three stable complexes, totalling 15 stables including mare &amp; foal stable, nine post and rail quarantine day yards, and a vetting facility   The farm had 1.4 metre electric rail/wire mesh fencing, along with 2 metre high perimeter kangaroo proof fencing.
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Nardoo, Riddells Creek country property sold by Dr Paul Carter

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Coorparoo, a luxury Gundaroo home in the NSW Southern Tablelands, has been listed for sale. 
Designed by London based Australian architect Alan Higgs, Cooraparoo was created with a contemporary pavilion design in 2004.
The rural retreat high above the Yass River sits on 88 hectares, complete with over 7,000 trees planted in the last 13 years.
Constructed of rammed earth with 300 mm solid walls, the Yass River Road home has five bedrooms and three bathrooms.
<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/2017/12/13/cooparoo2.jpg" alt="">
There's indoor and outdoor entartaining across three living areas which spill out to a large central deck with reflection pool.
A covered verandah overlooking the park-like gardens and swimming pool.
A rammed earth barn has been approved to renovate. 
McGrath Dickson agents Christopher Dixon and Alexandra Charley are marketing the home.
It has reported $1.8 million hopes. 
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Alan Higgs-designed Gundaroo, Southern Tablelands home for sale

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The Ashton family have sold Markdale, the NSW country farm with unrivalled pioneering polo history.
The 2250 hectare Binda farm has been held by three generations of Ashton's, most recently by company director Geoff Ashton and high society interior decorator wife Mary.
The 1920s house with extensions by the acclaimed Professor Lesie Wilkinson is set in an Edna Walling-designed garden.
A polo-player weathervane tops the seven bedroom homestead to symbolise the family's long association with the sport.
The undisclosed price sale was negotiated by Richard Royle Director of Colliers International Rural &amp; Agribusiness.  
A family with four boys from Sydney bought the home, continuing that theme.
The father of four polo playing sons, James Ashton, who put Australia on the world polo map, bought the original holding, followed by his son, Geoff snr.
In 1984, Geoff jnr took over the Southern Tablelands property that derives wool production and guesthouse income from its two original stone cottages and the shearers quarters.
Markdale's garden is acknowledged as one of the great country gardens of Australia, rejuvenated in recent years, featuring include a wisteria and rose pergola, several sculptures and lake with its Chinese bridge.
Only once, at Markdale, did the two Australian icons combine their talents, Professor Wilkinson extensions and gardens by Edna Walling
The guestbook shows just how generously the Ashtons have entertained their family and friends there since 1921.
Geoff and Mary have thought about selling it on and off for almost the past two decades, and would love for a buyer to emerge who has a passion for the property, set about two and a half hours drive from Sydney.
James Ashton started as the copy boy on the Hay newspaper before owning it, and in business become chairman of MLC and The Commercial Banking Company of Sydney.
He had four sons Jim, Robert, Geoff and Phil, who began playing polo against his wishes, but persuaded by his wife ‘that those who play together, stay together’ he let them continue.
In the 1930’s, the brothers shipped their horses to England, the United States and India to compete against top international teams, winning numerous tournaments, including England’s Hurlingham Championship and the Indian Empire Shield, and an invincible team in Australia retiring unbeaten in 1938.
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Historic NSW country farm Markdale sold by Ashton family

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Around $5 million has been paid for Springbank, a 328-hectare farm at Gundowring in Victoria's Kiewa Valley.
It was once owned by Hollywood star Mel Gibson. He lived at his north-eastern Victorian cattle farm with wife, Robyn in the mid-1980s, before buying and eventually relocating to Malibu.
<a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/vic/sale-residential/1651-gundowring-road-gundowring-albury-wodonga-region/1317289810511" target="_blank">The property</a> is about 35 kilometres south-east of Albury-Wodonga at the foothills of Mount Beauty.
It was sold by Albert Park racehorse owner David Trevethan and wife, Christine through Kim McQueen, director of lifestyle estates at Colliers International.
The 1651 Gundowring Road property was run by Mel Gibson as a retreat where he ran Angus cattle. For much of its ownership the property was home to his father, Hutton Gibson, who lived a mud brick home on the holding that Mel Gibson bought for $237,500.
He sold a four-title holding to the Trevethans for $1.825 million in 2004.  
The property now features a modern four-bedroom Clancy stone home, heated pool along with 22 grazing paddocks, a state-of-the-art horse agistment facility and 17 dams, plus cattle yards and sheds.
It had been on and off the market since 2012.
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Springbank, Mel Gibson's former Victorian farm resold

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Virgin Australia co-founder Rob Sherrard has listed Lake House at Cressy in Tasmania, one of Australia's most iconic Georgian farming homes.
The colonial property on 490 hectares in Cressy, 35 kilometres south-west of Launceston, was built in 1830 by London shipowner Robert Corney.
Inspired by British architect Sir John Soane, <a href="https://www.realestate.com.au/property-house-tas-cressy-124197846">the stately three storey residence overlooking the Macquarie River</a> has eight bedrooms, eight bathrooms and a number of appointed reception rooms of Georgian proportions.
Some $500,000 plus was conservatively expected to be needed to renovate the home when Sherrard bought it for $4,805,000 in 2004 after 50 years ownership by the Wall family.
Two renovated farm houses, stables, coach house and gardner's cottage make up the gardens that are well suited for cropping and fattening land. 
There are $15 million expectations through Unique Estates agent Dominic Romeo.
Soon after the house was finished, Corney drowned in one of the rivers with his widow in residence until the 1860s. 
It is listed with Nicolette van Wijngaarden and Dominic Romeo at Unique Estates.
This article was first published in the Weekend Australian Mansion Australia property section.
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Lake House, Cressy listed by Virgin Australia co-founder

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The boutique Quorrobolong, Hunter Valley broodmare farm of Brett and Rachael Howard has been listed after the bloodstock industry couple recently purchased Coronation Park in nearby Mount Vincent.
Their existing 20 hectare Sandy Creek property has been listed through Shelly Jurd of Jurds Real Estate some six years after commencing their specialist broodmare farm. 
Over the past six seasons the <a href="https://jurds.com.au/listings/rural_sale-445705-quorrobolong/" target="_blank">farm with views to the Watagan Mountain</a> range across irrigated pastures, has walked out well over 100 mares to the Upper Hunter stallion farms such as Arrowfield, Coolmore, Widden and Yarraman Park, managing to get over 90% of the mares in foal.
“I am not aware of any other properties of its size, containing this amount of horse infrastructure, irrigated pastures, plus with two houses and its lifestyle features, priced under $2 million,” she said.
Brett Howard set up Randwick Bloodstock Agency in 1987, buying the farm in 2006.
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Boutique Hunter Valley broodmare farm listed

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Vaucluse, the historic 2654-hectare Tasmanian farm near Launceston with 1830s Georgian mansion, has been sold to the United States food and agriculture conglomerate Cargill, for $20 million.
The Conara, Northern Midlands acquisition joins Cargill's earlier hedge fund investments including Billabong Station in the NSW Eurongilly Valley and sugar cane farm Marwood near Mackay in north Queensland.
Vaucluse was sold by Michael and Susie Warner through <a href="https://landmarkharcourts.com.au/Property/590289/TRT0383/643-Glen-Esk-Road" target="_blank">Michael Warren of Landmark Harcourts Tasmania</a>.
The Warners ran about 14,000 merino sheep and 400 angus cattle on the property. They also grew potatoes, poppies, grass seeds, canola and cereals across around 700 hectares. 
The trophy 1830s home was possibly built to a design by Robert Bostock, adding to an existing two storey section erected in 1820.
In 1847 John Bayles bought Vaucluse from the trustees of Robert Bostock’s estate for £9,057. He was a magistrate for the district.
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