Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Vaucluse

<html><body>
Sydney PR dynamo Roxy Jacenko has gone it alone in her latest property acquisition.
Legal paperwork shows Jacenko has settled in just her name on the recent $6,515,000 Vaucluse home purchase.
"That’s because I bought it," she said when asked what her thinking was to go with her name alone, and not with her husband, Oliver Curtis.
The mother of two has just commissioned Blainey North, Sydney's go-to property interior designer, to renovate the family home.
Jacenko and Curtis won't be move into the Vaucluse home until next year, continuing to rent their luxury North Bondi apartment over summer.
"Being in North Bondi is like being on vacation every day — the outlook, buzz and mix of people are great."
Jacenko has suggested of renting the luxury unit.
Hubbie Oliver Curtis will be overseeing the renovation project.
It will be undertaken by his brother in law, property developer Luke Calpis from Freehold Capital, and JCorp builder Jason Natoli.
The property is already a three level, six bedroom Andrew Baroukh Architects-designed mansion with Will Dangar-designed gardens and pool.
It has a number of harbour view terraces.
It's the fourth time North has been commissioned by the property devotee, having undertaken renovations at two former Woollahra properties.
"I have learnt to leave interiors to Blainey North after a few decorating disasters," Jacenko once told the Wentworth Courier.
North was also asked to fit out Jacenko's Sweaty Betty PR offices in Paddington which were completed earlier this year.
After the home was bought at September auction, she posted video to Instragam of her breaking the news to her excited kids Pixie and Hunter that they'll be back soon living in a house.
They haven't been in a house since selling out of Woollahra in 2014, including a stint at the Intercontinental in Double Bay during Curtis' imprisonment for insider trading, which took place before they ever knew each other.
Their previous Edward Street, Woollahra home had been jointly owned.
Jacenko made her first property purchase aged 20.
It was a $336,000 Double Bay apartment.
Her stockbroker husband has preferred renting, with his only known acquisition to be when buying with Roxy for $6.6 million in 2011 on Edward Street. 
This article was first published in the Saturday Daily Telegraph. 
</body></html>

firstname1-iYD4UYzvBa

Sydney PR dynamo Roxy Jacenko buys Vaucluse home

<html><body>
Gabrielle Tindale of House of Tindale has sold her Vaucluse home for $7.8 million.
There were three bidders registered at the auction which opened with a $7.7 million vendor bid.
<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/2018/11/21/went2.jpg" alt="">
Tindale is off to the US with Barney’s New York keen on her handbags, according to the Wentworth Courier.
Tindale bought the <a href="https://www.realestate.com.au/sold/property-house-nsw-vaucluse-129648258" target="_blank">Wentworth Road</a> house for $6.2 million in 2015.
<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/2018/11/21/Went3.jpg" alt="">
Comfortably liveable as is, the home was marketed as also presenting an opportunity to further capitalise by expanding its floorplan to capture uninterrupted panoramic views of the city skyline, Sydney Harbour Bridge through to Manly.
</body></html>

New York-bound Gabrielle Tindale sells Vaucluse home

<html><body>
The longtime Vaucluse home of the former FAI Insurance Group boss Rodney Adler and wife Lindy has been listed for sale in a sudden reversal on recent plans to renovate.
Their <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-129889290" target="_blank">Olola Road mansion</a> has been listed through LJ Hooker agent Bill Malouf.
Adler says he has not started looking for a new property in the eastern suburbs, he told The Weekend Australian.
<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/2018/11/15/OLALA2.jpg" alt="">
 “I don’t know where we will go," he said.
“(But) the benchmark is $17 million — the house up the road which recently sold is comparable,” he said.
The 2100sq m block features a tennis court, swimming pool and granny flat. He advised he may rent first up. 
It last sold at $6.5 million in 2002.
<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/2018/11/15/OLALA3.jpg" alt="">
Adler was once a regular in the social and business pages, but little sighted these days, barring a recent Daily Mail mention.
It was architect Joe Rooz, who’d been leading the architectural project for the Adlers, who confirmed to the local paper the development application had been pulled from Woollahra Council and the Adlers were looking to sell.
<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/2018/11/15/OLALA4.jpg" alt="">
Local agent Paul Rich also advised the Wenworth Courier he’d heard rumours that the couple had decided to sell up.
Bill Malouf recently negotiated the quick $17 million sale of <a href="https://www.realestate.com.au/sold/property-house-nsw-vaucluse-129536778" target="_blank">26-27 Olola Ave</a>, owned by the Reddam House founder Graeme Crawford and his partner Ian McLeod.
It was bought by Balmain NB Corporation finance man Andrew Griffin, who’s now selling his Edgecliff Road, Woollahra home, with Michael Love interiors, with $7 million hopes through Malouf.
</body></html>

$17 million sought by Rodney and Linda Adler in Vaucluse

<html><body>
Fairfax Media has reported a $30 million private treaty sale in Vaucluse, although it was still listed as for sale on the Sotheby's website.
The harbourfront, Loch Maree had been initially listed earlier this year at $32 million by the hotelier Jerry Schwartz. 
Loch Maree was sold by Dr Schwartz and his wife Debbie who bought it three years ago for $24 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2015/06/17/loch2.jpg" alt="">
<div class="in-content-ad">
<div id="adspot-1x1-pos-5" class="ad" data-google-query-id="CKCNxJHky94CFYqkaAod1jgMHw">
<div id="google_ads_iframe_/31694718/domain.com.au/news/prestige_3__container__">The Schwartz family have bought the nearby waterfront estate <a href="/news/ck-ows-phoenix-acres-falls-disappointingly-short-of-aim-to-secure-sydney-record-price">Phoenix Acres for $65.25 million</a> from from Singaporean tycoon Chio Kiat Ow.</div>
</div>
</div>
Loch Maree, the Vaucluse waterfront trophy home sits on a 2311-square-metre holding with a vast modernist mansion built in the early 1970s for the late Gordon Barton, founder of IPEC.
Designed by architect Michael Dysart, it has had only three owners since it was built at <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-127308342" target="_blank">1a Loch Maree Place. </a>
After Barton experienced financial troubles, the property sold in 1993 for $4.75 million after being on the market for three years.
<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/2015/06/17/loch3.jpg" alt="">
Hidden from view by established gardens, the property has two entrances, Loch Maree Place and Coolong Road.
The Michael Dysart-designed residence was completed in 1972 at a cost of $280,000.
It features stone floors quarried from a 14th century convent in France by Burgundian monks to Leonard French´s stained glass feature windows.
Schwartz, a cosmetic surgeon, owns the Four Points Sheraton at Central Park in Sydney amid his portfolio of hotels, which includes the Sofitel Darling Harbour, Rydges World Square, Mercure Hotel Canberra, Fairmont Resort Blue Mountains and the Crowne Plaza Hunter Valley.
<div class="column"> </div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

Loch Maree, Vaucluse sold after 10 months 

<html><body>
Fashionista Nick Kelly, co-founder of Industrie clothing, and his former wife and business partner Susan Kelly, are yet to formally list their matrimonial harbourfront home in Vaucluse.

It was last sold for $19 million in 2013, with the title just in her name.

But it seems the legalities are quietly at play. Nick recently had his lawyers lodge a caveat on its title claiming equity in the property.

The caveat lodged by Sekel Grinberg Judd claims a "beneficial interest in trust".

"The caveator has a good and valid claim to the estate or interest claimed as specified," the paperwork suggested.

[smartcode_project:default project_id=6201]

It is a Graham Jahn-designed waterfront on Kutti Beach, one of just the seven beachfront houses in the scenic location with postcard perfect images across Sydney Harbour.

Nick Kelly has since bought Lactura, the Centennial Park home of TV veteran David Leckie and wife Skye and has been squiring Madeleine Kennard, the Channel 7 producer who now works at Industrie.

The late 2017 purchase marked a return to the south of Oxford Street precinct for him.

The Kelly's had previously owned a Paddington double terrace on Stewart Street which was caught up in the landmark court case when actor Toni Collette decided not to proceed with her $6.35 million purchase in 2011.

This article was first published in the Sunday Telegraph.
</body></html>

Industrie fashionista Nick Kelly lodges legal claim over harbourfront home in Vaucluse

<html><body>
Sydney PR queen Roxy Jacenko and her husband Oliver Curtis are moving out of their luxury North Bondi rental apartment.
The family are off to a $6.515 million Vaucluse home which was bought at competitive auction last night.
Bidding started at $5.9 million but Jacenko didn’t bid until after it was announced on the market at $6.35 million.
She secured the luxury home with a final $10,000 bid.
The three level home was extensively renovated since it last traded for $2,425,000 in 2005.
The thoroughly modern home comes was designed by Dover Heights-based Andre Baroukh Architects having been a 1930s red brick home.
It now has six bedrooms and five bathrooms and features a steam room, self-contained guest accomodation, a number of harbour view terraces and a swimming pool.
Roxy has Instragrammed her purchase telling her excited kids.
<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/2018/9/13/jacenko2.jpg" alt="">
Landscaper Will Dangar designed the 690 sqm gardens.
Local designer Shellee Gourdon was in charge of the interiors.
The Ray White selling agent Gavin Rubinstein has been a client of her publicity firm.
Rubinstein was last month named as the company’s best performing agent in the world, beating New Zealander Anton Huang at Ray White Howick, having also been Ray White’s best performing agent in Australia for the past six years — every year since he was 24.
<div class="story-content">
Rubinstein has been in the property market himself, quietly picking up a <a href="/news/ray-white-number-one-agent-gavin-rubinstein-splashes-out-in-potts-point">Potts Point investment apartment earlier this month.</a>
</div>
Jacenko and Curtis have been out of the Sydney property market since late 2014 <a href="/news/roxy-jacenko-and-oliver-curtis-sell-woollahra-trophy-home">when they sold their Woollahra trophy home</a> for $8.15 million.
They sold the four bedroom home off-market, having paid $6.6 million just three years earlier.
They have been on the hunt for a family home for just a few weeks, having been at the North Bondi apartment since vacating <a href="/news/roxy-does-a-hawkie-with-new-double-bay-digs">her hotel room at the Double Bay Intercontinental</a>.<a href="https://www.afr.com/p/markets/oliver_curtis_trial_delayed_5pduv5MI8qbjKPEDhsr2lJ" target="_blank"> </a>
Jacenko was recently spotted inspecting a Bellevue Hill property on Mansion Road, however decided that she needed something already renovated.
The five bedroom home has been on the market with estate agent Michael Pallier for four months, having failed to sell at May auction.
 
</body></html>

Roxy Jacenko quitting Bondi rental for $6.5 million Vaucluse home

<html><body>
The Toorak based funds manager Chris Langford and wife Eleanor have bought at Vaucluse.
The four time premiership winning Hawthorn legend spent $6.4 million on the dryside of Coolong Road.
The Phillip Silver-decorated five bedroom home, last traded for $2.1 million in 2000, sold through Biller Property Double Bay agent Paul Biller.
Langford moved to Sydney late in his football career to work as an accountant, commuting to Melbourne to play with Hawthorn.
He rents a $5.18 million Toorak home and owns a Mornington Peninsula acreage retreat.
This article first appeared in The Sunday Telegraph. 
</body></html>

Former Hawks legend Chris Langford buys in Vaculuse

<html><body>
While sitting in a Serbian prison over an alleged cocaine shipment, the Vaucluse development site of prolific property developer Tristan Waters has been sold.
The sale was signed off by the Supreme Court.
Waters had envisaged a luxury residential project on his site amalgamation on the <a href="https://www.realestate.com.au/sold/property-house-nsw-vaucluse-121135102" target="_blank">Chris Bang Crescent</a> dress circle before the bust.
The property he owned, which cost $2.6 million in 2016, recently fetched $3,025,000. It was the 1950s home where The Block host Scott Cam grew up before Waters bought it from his mum, Gay.
It was re-offered as a prime development prospect with sublime ocean views.
Waters also had a caveat lodged on the adjoining property but could not settle on the purchase which would have been a combined 1,230 sqm holding. 
McGrath Edgecliff agent Peter Starr sold the Waters property, while Ray White Double Bay agent Gaving Rubinstein sold the $3.6 million home <a href="https://www.realestate.com.au/sold/property-house-nsw-vaucluse-126576002" target="_blank">next door</a>.
Waters, who had been renting a $2900 a week Rose Bay home before relocating to Dubai, remains in Serbia having appealed against being expedited back to Australia after he and two others were arrested in an alleged major cocaine bust earlier this year.
After his arrest in the lobby of a Belgrade hotel, Waters was one of three accused of importing $500 million worth of cocaine to Australia.
One of the trio accused, prominent steel businessman Rohan Arnold, has been surrendered to Australian authorities, however Waters and fellow co-accused David Campbell remain behind bars.
The drugs, totalling nearly 1,300 kilograms, were found on a Chinese container boat in Sydney last year having been hidden inside pre-fabricated steel.
Waters ran construction firm Triswat Constructions which said it managed 200 construction projects in Australia.
This article was first published in the Saturday Daily Telegraph.
</body></html>

Tristan Waters' Vaucluse development plans thwarted

<html><body>
Aussie cricketer Nathan Lyon is yet to sell his Vaucluse investment apartment which was passed in at recent auction on an opening $1.1 million vendor bid.
Auctioneer Damien Cooley indicated there were two parties yet to get their purchasing capabilities finalised.
The Test veteran, who wasn't selected for the current T20 tri-series in Zimbabwe, paid $1.1 million in 2015.
The two bedder in a 1970s built complex which has been an $800 a week rental is now for sale at $1,125,000.
<a href="https://www.realestate.com.au/property-apartment-nsw-vaucluse-128555194" target="_blank">The Diamond Bay Road apartment</a> has been listed by local agent Brad Pillinger who was initially advising inspects that more than $1.2 million was being sought.
Lyon is back on Australian shores after being part of the Australian team who were white-washed 6-0 in England earlier this year.
This article first appeared in The Daily Telegraph.  
</body></html>

Nathan Lyon still seeking Vaucluse apartment buyer 

<html><body>
The $65.2 million sale of Phoenix Acres at Vaucluse by Singaporean businessman CK Ow to nearby resident Dr Jerry Schwartz and his wife Debbie topped Sydney’s prestige sales during the past financial year.
The price reflected 10 per cent ­annual growth for the 3700sqm ­estate that ranks as Australia’s third priciest all time sale. The six-bedroom, six-bathroom home sold 22 years prior for $7,001,000 through the same selling agent Craig Pontey.
Schwartz is yet to sell his redundant $32 ­million Vaucluse waterfront estate Loch Maree.
The financial year’s next priciest sale was around $43 million-plus through agent Brad Pillinger when the now Bermuda-based retailing billionaire Brett Blundy sold in Rose Bay to Dover Heights couple Sylvia and Lawrence Myers, who took ­vendor finance. It was one of the few sales that have occurred in the six months following the Phoenix Acres sale.
The $39 million Deauville, Point Piper, sale sat in third place when car importer Neville Crichton secured the beachfront home subject to its construction completion. Crichton’s redundant home on Wolseley Rd was offloaded at $36 million to a near-neighbour, Andrew Potter.
The Vaucluse-based, Australian-Chinese billionaire Dr Chau Chak Wing’s family snapped up the Darling Point trophy home of freight and transport boss Terry Tzaneros for $31.8 million through agent ­Alison Coopes.
The sixth dearest sale for the year was $30,263,400 in Darling Point when John Roth and wife Jillian Segal bought out their neighbours last July.
The seventh dearest was back in Rose Bay with the off-market $30 million Bayview Hill Rd sale of the home of the late Sonja Lyneham to Samira Jeihooni, wife of property developer Arash Tavakoli.
The eighth place $29 million sale saw The Boatshed, on Wunulla Rd, Point Piper, sold after three years on the market by the O’Neil family, and after six decades ownership, to the Point Piper-based former car dealer Paul Scharrer and his wife Pam.
The highest north shore sale ­remains a mystery after the former Foxtel chief executive Richard Freudenstein and his wife Jane sold their Mosman mansion reportedly for a record $23 million.
Sydney’s top sale remains $71 million for Elaine at Double Bay when Pyrmont tech billionaire Scott Farquhar bought the beachfront from publisher John B Fairfax early last year through Ken Jacobs.
Sydney now has a slowing trophy home market in which local buyers have dominated the last top eight purchases.
Despite the hoopla of attracting interest from Beijing, New York, even India, all the known deals were struck with local buyers from next door to just 7km away.
This article was first published in the Sunday Telegraph.
 
</body></html>

Vaucluse

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Vaucluse

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News