The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

Joel Robinson

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

A subtropical pair of residential towers are in planning for a key South Brisbane site neighbouring the iconic Expo ’88 Skyneedle, with new documents revealing a vertically layered vision designed to respond to the precinct’s evolving high-density character.

The proposal has been lodged by&nbsp;Darveniza Group, which is also is behind the 400-apartment Station Quarter precinct in Alderley.

Darveniza Group, led by Jane Darveniza, the Brisbane-based investor and Queensland rich-lister and widow of the late property magnate Bojan Darveniza, is seeking approval for a mixed-use project encompassing 204 apartments, ground-level retail, food and drink tenancies, and office space across two architecturally integrated towers at 37–39 Manning Street.

Occupying an 1,822 sqm site, the proposed towers would rise above a sculptural podium base, with a recessed landscaped centre, rooftop communal areas, and a total of 220 car parks and 256 bicycle bays. The apartment mix spans one- to five-bedroom dwellings, with a design emphasis on generous balconies, cross-ventilation, and climate-responsive materials.

<img alt="First look: Twin towers proposed for Manning Street site beside Skyneedle" data-entity-type="file" data-entity-uuid="42c1f501-2afd-440b-af49-67c257123ea7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Manning%20podium.png?VersionId=KFlksfWzmDRD.VIYxd_1q3VAel.nN3TH" />

“The development is conceived as two slender twin buildings that meet at a lushly landscaped central recess,” the Finegrain design report states. “The façade is highly articulated with the plan form stepping back and forth to reduce visual bulk and maximise internal occupants’ access to natural light and air”.

A hallmark of the proposal is its integration of greenery, both visually and functionally. Around 77 per cent of the site’s green plot ratio is delivered through vertical planting spines, a green podium wall, and rooftop amenity. Ground-level deep planting and landscaped communal zones aim to create a shaded, walkable interface along Manning Street.

“The stepped plan form introduces variation in balcony setbacks and enclosed apartment areas, enriching both the façade expression and the resident experience,” the design team notes. “At ground and podium levels, this stepping also enhances permeability, maximising pedestrian view lines to the neighbouring Skyneedle and reinforcing a strong sense of local identity”.

<img alt="First look: Twin towers proposed for Manning Street site beside Skyneedle" data-entity-type="file" data-entity-uuid="b3f26dfc-6b93-465c-9ffb-0a2530372a23" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Manning%20site.png?VersionId=JflvKdqDxcaHTFbb9HL5TwoiRgeQ2LqA" />

The site directly adjoins the heritage-listed Skyneedle at 35 Manning Street, an enduring legacy of World Expo ’88. The accompanying heritage impact report by Pendergast Architects contends that the proposal has been carefully conceived to protect the cultural significance and landmark visibility of the structure.

“The design provides setbacks, tower separation and podium articulation to maintain the visibility and landmark role of the adjoining Skyneedle,” the report states. “The significance of the Skyneedle lies principally in its landmark visibility and cultural symbolism, rather than in detailed fabric or architectural setting”.

The proposal sits within the Kurilpa Sustainable Growth Precinct, under Brisbane’s TLPI 02/2023, where revised planning controls support high-density, mixed-use development integrated with subtropical design and increased public realm contributions.

Finegrain’s design reflects this intent, drawing cues from the site's adjacency to Musgrave Park, the subtropical landscape of South Brisbane, and cultural landmarks such as QPAC and South Bank.

Twin green towers proposed for Manning Street, South Brisbane site beside Skyneedle

Vaucluse

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A block of nine apartments sold on the weekend following a makeover in Vaucluse for $10.4 million.

The three storey complex at 8 Marne Street has 15 bedrooms.

The selling agent Paton Jamieson advised the 1970s block had undergone a recent transformation so generous depreciation benefits were available.

The whole block on a 576 sqm block was traded in February last year at $7 million, and at $5.75 million in 2015.

It has 3x1 bedroom apartments, plus 6x2 bedroom apartments and 7x single lock-up garages.

When sold last year its gross annual income was put as $251,000 with an estimated market gross income of $288,600 after a rental reversion opportunity to increase rents to market at lease expirations.

It came with a NLA of 513sqm.

The Orcades coplex is located close to the Vaucluse Village in a pet friendly community.

Some apartments had ocean views.

McDonald Industries had been preparing to sell the apartments separately with pricing from $899,000 for the one bedroom apartments and the two bedroom apartments from $1,095,000.

<h2>Popular Vaucluse projects to check out:</h2>

[smartcode_project:default project_id=84683]

[smartcode_project:default project_id=8392]

[smartcode_project:default project_id=29375]
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A block of nine apartments has sold in Vaucluse for $10.4 million

jchancellor

Vaucluse apartment block sells for $10.4 million

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Canberra was the standout performer for another week with over 80 percent of weekend auctions being successful.
Adelaide’s clearance rate took a hit as the city entered into lockdown during the week, reducing from an 80 percent final clearance rate last week to a 41 percent success rate this week with many auctions withdrawn.
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There were 1,791 homes scheduled for auction across the nation's combined capital cities this week and of the 1,442 results collected so far by CoreLogic, 73 percent have reported a successful result.
This week’s volumes were not only higher than last week’s 1,728 auctions held, but the highest number of auctions held since April.
 Preliminary figures indicate that the clearance rate weakened over the week, after last week’s higher preliminary figure of 75 percent, which later revised down to 70 percent at final figures. 
One year ago, a much higher 2,612 homes were auctioned, when a lower 68 percent cleared.
In Melbourne, volumes increased over the week with 632 properties scheduled to go under the hammer, of the results collected so far a preliminary clearance rate of 77 percent was recorded. 
This was higher than both last week and last year’s clearance rate, however volumes are only half of that seen last year. Last week, 604 Melbourne homes were auctioned recording a final auction clearance rate of 69 percent and last year a 70 percent clearance rate was achieved across 1,221 auctions.
It was the last weekend with Melbourne auctions to be held with only 10 bidders allowed to attend an auction or home inspection.
There has now been an easing of coronavirus-related rules, from midnight Sunday, to allow 20 people at a private inspection as long as social-distancing rules are met. 
Up to 50 people will also be able to attend an auction held outside under the new rules that were introduced.
Melbourne’s top reported weekend sale was $4 million in Malvern (top and below), having come with a $3.9 million to $4.2 million Marshall White price guide.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/NOV/23/Malvern%202.jpg" alt="">
The four bedroom contemporary home behind its 1890s facade at 46 McKinley Avenue last traded in 2003 prior to its 2008 Canny Homes rebuild at $1.17 million.
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There were 807 Sydney homes taken to auction over the week, preliminary figures show that 76 percent sold, lower than last week’s preliminary figure of 76 percent when volumes were a higher 840. 
Sydney’s final clearance rate came in at 71 percent last week, "so it’s likely this week’s will be similar," CoreLogic noted.
 One year ago, 940 Sydney homes were auctioned returning a final clearance rate of 76 percent.
Sydney prestige sales included a $16.6 million house in Vaucluse. Wendouree, a Vaucluse house listed through Sotheby's for the first time in eight decades, was the nation’s top sale.
There was also a $11.01 million sale through Sotheby's in Bellevue Hil, which was $1.5 million above the reserve.
The four-bedroom home on 830 sqm, at 29 Kambala Road, Bellevue Hill, attracted six registered bidders. 
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jchancellor-FAypfDUnLy

Melbourne continues residential auction rebound

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Sydney recorded another strong week of auction clearance rates, with preliminary result of 75 per cent of property selling under the hammer on Saturday.
The headline came from Vaucluse where the auction record was broken for the first time in over a decade.
It had been held a $23 million purchase of the Bellevue Hill mansion Le Manoir in 2009.
But now the former home of the late Japanese billionaire Akihito Terada holds the accolade, selling for $24.6 million, some $10 million over reserve.
The 2009-built home (pictured in title), last traded for $11.7 million in 2013.
Sotheby's agent Michael Pallier marketed the Vaucluse Road home on 1,085 sqm which has five bedrooms, six bathrooms, a tennis court and an indoor/outdoor heated lap pool.
The purchaser was a young local Chinese family that had never bid at auction before.
<a href="https://www.propertyobserver.com.au/images/2020/9/28/CL%20SEPT%2028.JPG" target="_blank">Click to enlarge:</a>
<img src="https://www.urban.com.au/images/2020/9/28/CL%20SEPT%2028.JPG" alt="">
Sydney's strong auction clearance rate comes from 630 auctions, down from the forecast 843 homes expected on Friday.
Melbourne's auction market remains dried up with the 49 properties going under the hammer. Just 14 sold.
Across the smaller auction markets, both Adelaide and Canberra saw strong clearance rates of above 77% while Perth struggled and Tasmania saw zero auctions.
 
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jrobinson-rf4aSBido9

Sydney auctions clear 75 per cent with record $24.6 million Vaucluse sale

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Sydney saw a preliminary clearance rate at 72.2 per cent after 435 reported results were received.
Of these, 67 properties withdrawn from auction and there are further results yet to be be advised from the 610 scheduled auctions on Saturday in Sydney.
One of the big sales saw a non-harbourfront Vaucluse semi (above and below) sell for $5.5 million.
Domain reported the two-bedroom home at 10 Coolong Road, on the market for the first time in 45 years, was knocked down to near neighbour, estate agent Alexander Phillips.
There were nine registered parties who took the bidding at the Sotheby's auction to $2 million over reserve.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/9/21/Coolong%202.jpg" alt="">
CoreLogic figures had a 72.4 per cent clearance from the 562 reported results of its 679 scheduled auction tally.
It was up on the previous week's preliminary 70.4 per cent rate which was revised down to 65.9 per cent after late results.
Canberra saw a preliminary clearance rate of 89 per cent after 65 reported results of its 74 scheduled sales.
It was 64 per cent in Adelaide and 61.9 per cent in Brisbane.
There were only 13 auctions scheduled across Victoria on Saturday, with in-person auctions resuming in regional Victoria.
An older-style home in Edithvale sold under the virtual hammer with 84 Rae Avenue fetching $963,500.
It sold to a developer, Domain reported.
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j.ballantyne1990-6AQqhLzZaK

Sydney auction success rates sits in the 70s

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Sydney’s auction market saw a preliminary clearance rate of 70.9 per cent.
Some 284 results had been reported, following 449 scheduled auctions, of which 56 were withdrawn from sale. 
Melbourne’s stage 4 restrictions on auctions and inspections saw the preliminary clearance rate fall to 53 per cent, according to Domain.
There were 139 scheduled online auctions, with 63 reported results and 46 withdrawals.
Of the online auctions that went ahead, the clearance rate was 67 per cent.
Canberra continues to be the standout performer with 87.8% of auctions successful this week at preliminary collection. The city does only account for a small portion of overall auctions however.
<div class="fe-co-audience-experiments" data-febuild-id="fe-co-audience-experiments_1"> </div>
<div class="fe-co-audience-experiments" data-febuild-id="fe-co-audience-experiments_1"><img src="https://www.urban.com.au/images/2020/8/24/CL%20AUG%2024.png" alt=""></div>
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<div class="fe-co-audience-experiments" data-febuild-id="fe-co-audience-experiments_1">The top sale was $7.2 million in Vaucluse.</div>
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<div class="fe-co-audience-experiments" data-febuild-id="fe-co-audience-experiments_1">Another of the big auction results was the four-bedroom home at 42 Bulls Road, Burraneer (pictured in title), that told for $7.1 million, some $1.85 million above the reserve. </div>
<div class="fe-co-audience-experiments" data-febuild-id="fe-co-audience-experiments_1"> </div>
<div class="fe-co-audience-experiments" data-febuild-id="fe-co-audience-experiments_1">In Little Bay in Sydney’s south-east, a five-bedroom, four-storey home at 6 Lister Avenue sold for $6.4 million.
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Sydney auction success rate moves into the 70s

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Optus chief exec Kelly Bayer Rosmarin and her CBA banker husband Rodney Rosmarin are selling their Vaucluse home.
They’re selling the Brian Meyerson-designed home they bought for $4.5 million in 2012, just as the five Sydney property boom began.
The 2009-built home near Parsley Bay, set in 800 sqm of Peter Fudge gardens and with interiors from Shellee Gordoun, has five bedrooms, a gym and a heated pool.
Laing + Simmons Double Bay agents D’Leanne Lewis and Jacob Hannon are asking between $7.2 million to $7.3 million for what they describe as the “quintessential Vaucluse home”.
Rosmarin took the top job at Optus from outgoing boss Allen Lew in April, having joined the telco as deputy CEO just over a year earlier.
Rosmarin and Beyer have owned a luxury Bowral weekender since 2009 when they paid $2.25 million for a 1915-built manor.
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firstname1-iYD4UYzvBa

Optus boss Kelly Bayer Rosmarin lists Vaucluse home

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Star Entertainment Group boss Matt Bekier is moving on from Vaucluse.
He and wife Melinda have listed their renovated 1930s European-style home they paid $4.05 million for in 2012, shortly after Bekier departed Tabcorp where he was their chief financial officer.
Now they're asking $7.5 million for the seven bedroom, five bathroom home with swimming pool through Raine and Horne agents Sam Schumann and Luke Hogan.
The sale comes with approved plans from Weir Phillips Architects which would see a top floor redesign, accessed by a spiral staircase through the centre of the home.
The plans are also for a renovation of the outdoor entertaining space, as well as providing lift access and additional parking.
The Bekier's have owned a beach house down in Callala Bay, near Jervis Bay, since paying $1.1 million in 2014.
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Star Entertainment boss Matt Bekier lists in Vaucluse

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Star casino chief Matt ­Bek­ier and his wife Melinda snappily sold their seven-­bedroom, five-bathroom Vaucluse home mid-week. 
It had been listed with a $7.5 million to $8.2 million guide by Raine &amp; Horne agent Samuel Schumann.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/5/Matt%20Bekier%202.jpg" alt="">
It seems it happened so quickly the agency hadn’t quite updated the open for inspection web notifications, so hopeful attendees were still turning up yesterday.
The three-level house last traded in 2012 for $4.05 million when sold by former rugby league player-turned hotelier Steve Bowden.
The home was bought shortly after Bekier departed Tabcorp, where he was CFO.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/5/Matt%20Bekier%203.jpg" alt="">
Fairview’s prior owners include art dealer Marlene Antico.
It now comes with $667,000 approved plans from Weir Phillips Architects that would see a top-floor redesign, accessed by a spiral staircase as well as a lift.
The Bekier’s have owned a beachfront house at Callala Beach on Jervis Bay since 2014 that cost $1.1 million.
This article first appeared in The Sunday Telegraph.
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Star Entertainment boss Matt Bekier sells Vaucluse home in 10 days

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Former Australian cricket captain Steve Smith has spent $6.6 million on a family home in Vaucluse.
The four-bedroom, six-bath home was inspected by Smith and his wife Dani Willis in late May, having been leasing nearby.
Danny Doff of Laing and Simmons Double Bay secured the sale which Smith and Willis will renovate extensively.
The house, which has an inground pool, gym, steam room, four-car garage, 400-bottle wine cellar and travertine-tiled outdoor entertaining terrace with a built-in BBQ and wine fridge, last traded in 2005 for $3.22 million.
It also has views out towards Sydney Harbour. Prior to buying the home, the Smiths had been renting in the area, having sold the Coogee apartment they had owned since 2011.
Smith had other reasons to celebrate this week, marking his return to training with a cheeky Instagram post.
Fully padded and wearing a helmet, he told his two million followers: “First hit in the nets in 3 months. Good news...I remembered how to hold the bat.”
Smith and the Aussie team haven’t played a competitive game since their one day international win over New Zealand in mid-March. The series was cancelled shortly after due to the pandemic.
The couple add the Vaucluse house to an already-crowded property portfolio, which also includes homes in Balmain, Birchgrove, Marrickville and Sans Souci.
This article first appeared in The Daily Telegraph.
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Former Australian cricket captain Steve Smith buys Vaucluse home

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There has been a $900,000 loss taken on a non-harbourfront Vaucluse listing.
The knockdown home on the high side of prestigious Carrara Rd fetched $10.9 million midweek via private treaty, having sold a year ago at $11.8 million to the Grunberg family from North Bondi.
The single level home, on its 728sqm cul-de-sac block, had ­previously been the abode of ­Michael Caredes and his wife Fylia for 44 years.
The resale price, after 50 days on the market, reflects a 7.5 per cent price drop, at the lower end of the worse case COVID-19 price collapse forecasts. The $900,000 decline comes after its $765,000 stamp duty purchase outlay, plus its 8.25 per cent mortgage rate.
Laing and Simmons agent D’Leanne Lewis handled both sales.
The property, which has views of the Harbour Bridge across the 1930s hospital dormitory building on the Strickland House estate, comes with a 1950s height covenant from a neighbouring Vaucluse Rd home.
Up the other end of Carrara, another non-waterfront sale has been done at $7.5 million, less than the $10.85 million sought on its initial 2018 listing. The house is set on 600 sqm above the Hermitage estate.
This article first appeared in the Sunday Telegraph. 
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