Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" 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%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

Western Australia

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The Western Australia housing market took a turn for the worse over the last quarter with broad-based downgrades, according to the latest data from Moody's Analytics
They found, despite support from lower interest rates and the continued strength of non-rural commodity prices, dwelling prices remain in a slump after the mining boom.
The labour market in Western Australia has been comparatively weak for some time, with the growth in employment lower than the national average since 2015.
Plus, average weekly earnings contracted over the year to May, the second worst performance among states after the Northern Territory.
Given the subdued conditions, Moody's Analytics forecast is for the housing market is expected to continue declining in 2019, with the trough not likely until 2020, after which conditions will begin to pick up before a modest recovery in 2021.
<img src="https://www.urban.com.au/images/2019/10/28/WA%20Moodys%201.JPG" alt="">
Katrina Ell, Economist at Moody’s Analytics said: "Greater Perth’s house values are expected to fall 7.8% in 2019, building on the 1.8% drop in 2018.
"Mandurah is expected to experience the greatest fall in house prices this year, before stalling in 2020, while Perth Inner and Perth-North West are expected to perform the worst in apartments, which will have double-digit falls. Conditions will improve for both in the following year, but prices are forecast to still be below 2017’s in the medium term.
"Median rental values in Western Australia fell more than 20% peak to trough from November 2013 to September 2016, a sign of continued excess supply. Since then, rental values have remained broadly stable.
"A slow recovery in rental value over the next two years will help the housing market recover.
"Perth-North West, encompassing Joondalup, Stirling and Wanneroo, is representative of trends across Greater Perth. While apartment prices will likely remain weak over 2019-2020, house values will fare better, with less of a decline this year followed by a modest recovery in the next."
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Western Australia's housing market still down over the quarter

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The WA State Government announced that they will be proceeding with stamp duty relief of up to $50,000 for off the plan apartment purchases.
The rebate is effective immediately and is applicable to all buyers purchasing off-the-plan apartments including first home buyers, seniors looking to right-size and foreign buyers.
Samantha Reece, Director of WAAA, stated that she had held discussions with both Minister for Transport, Planning and Lands, Rita Saffioti, and Minister for Housing, Veterans Issues, Youth and Asian Engagement, Peter Charles Tinley, in March this year after research results from 3312 apartment owners indicated that only 14% were prepared to purchase off the plan.
“With the future of MetroNet hanging on the balance of apartment pre-sales, this decision by the McGowan Government will ensure that people who have been dissuaded to buy an apartment will now have an added incentive,” Reece said.
“This stamp duty relief will undoubtedly stimulate the apartment market and that is very promising with the Government’s focus to achieve 47% infill targets.
"WAAA lends its full support to this decision and we thank the relevant Ministers for listening to the voting public of Perth."
ABS data indicates that WA only represents 4.7% of total apartments in the nation in comparison to NSW at 47.2%, Victoria 22.8% and QLD 17.4%.
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McGowan Government announces WA stamp duty relief for off the plan purchases

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After a dry start to the year, Western Australia has had some promising rain events in many agricultural regions, according to the latest report from Herron Todd White.
The valuation firm reported at the start of the year Minni Downs (pictured above), on Mount Sheridan Road, Varley was purchased for $8.9 million. This property was formerly three farms known as Fretwells, Mini Downs and Rockwater that were aggregated into one. The property has a total land area of 7,556 hectares and is serviced by two sets of structural improvements including houses and sheds. That sale price reflects $1,178 per hectare improved.
Conversely, In May, the Green Range locality Kangaroo Valley sold for $5.2 million. This property is approximately 1,375 hectares developed for cropping and grazing with structural improvements including a four-bedroom house and a number of sheds. This property is reasonably close to Albany on the South Coast and has highway frontage. Analysis of the sales price indicates $3,780 per hectare improved.
The property valuation firm concludes that environmental factors, and recent sales, confidence in the region is continuing to “lean towards the positive side of the scale.”
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Western Australia's rural market see's hope in rain recovery: HTW Rural

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A portfolio of three, established child care centres across Perth and regional WA are set for auction at the end of August  
The three centres in Inglewood, Hilbert and Vasse offer solid income streams with long term leases in place to well established operators. 
All three are less than 12 months old and are located in either well established or growing catchment areas.
Knight Frank agent Tony Delich, said the portfolio would appeal to a broad cross-section of funds and private investors.
“Smaller self-managed super funds in particular are looking for yield and security as opposed to leaving funds in bank deposits.” 
<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/2019/8/7/childcare%202.jpg" alt="">
Mr Delich said this portfolio had significant appeal due to its geographic spread with inner-city Inglewood, semi-rural, south-east suburban fringe suburb Hilbert and south-west growth area Vasse.
He said the Inglewood centre had an corner location on Beaufort Street and also included a retail tenancy.
“It is a brand new, three level building with a net income in excess of $350,000pa,” Mr Delich said.
“The Vasse centre is run by a well established child care operator and returns an income of $214,800, while the Hilbert centre is opposite a future primary school site in a huge growth locality in the City of Armadale and returns an income of $217,500.” 
Mr Delich said the properties would be auctioned separately on August 28.
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Western Australian child care portfolio scheduled for auction 

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Western Australia is still considered in some regions to provide good value in comparison to other Australian states and territories, according to the latest Herron Todd White (HTW) rural report. 
The report notes that the state is very diverse; from cattle stations in the northern pastoral regions to vineyards in the south-west and many other agricultural, horticultural, silvicultural and aquaculture land uses in between.
"We consider that the entry level in Western Australia would initially be at a hobby farm level in areas which are affordable for a scale which can develop some level of return and then build on from there," the valuation firm said. 
A number of areas surrounding the Perth metro area, south-west and great southern have been heavily influenced in the last couple of decades by rural lifestyle purchasers driving land values beyond limits to make a commercial return and what would be considered entry level rural.
A 20 hectare city farm in Hopeland, an outer suburb of Perth has been sold for $500,000.
The horse and hobby farm at <a href="https://www.realestate.com.au/sold/property-farmlet-wa-hopeland-7996770" target="_blank">Lot 504 Henderson Road</a> (pictured below) comes with tree lined creek and mature trees throughout the property. 
It is close to the surface water including a soak. 
<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/2019/7/25/hopeland%201.jpg" alt="">
"We therefore would look to the wheatbelt areas and the medium to low rainfall areas that have lower land values. However, they also have lower yields and are more susceptible to drought conditions, so not without risk," the valuation firm said. 
"We did a quick search and for $460,000 you can buy 1,259 hectares or 949 arable hectares at Bencubbin in the eastern wheatbelt.
"For a purchaser looking to get into agriculture this is an affordable level and scale with residential improvements. 
"The asking price equates to $485 per arable hectare which outside of pastoral regions would be considered one of the lowest price points in the country.
"This scale would not be viable as a sole source of income however someone interested in agriculture could work in the industry in the surrounding areas and use this as a starting point to build a viable operation and also use as accommodation."
According to the HTW report, current livestock and machinery prices will make it difficult to stock and crop the property straight away and require additional investment, however the use of contractors for cropping or building a mob of sheep over time can limit the initial capital outlay required.
Benchmark surveys indicate that the low rainfall region can produce up to 1.7 t/ha of wheat and carry 2.4 DSE/winter grazed hectare.
A number of good seasons have seen demand for cropping and grazing properties increase with values increasing accordingly across a number of wheatbelt regions. 
This area has been subject to drought conditions and therefore subject to higher risk of not providing a return and therefore capital gains will likely be lower.
A current listing within Wheatbelt regions is Grassdale, a 246 hectare property that has been offered to the market in the first time with $1.5 million hopes. 
Located on the edge of the Wandering,<a href="https://www.realestate.com.au/property-lifestyle-wa-wandering-700040406" target="_blank"> Grassdale </a>(pictured below) features quality soils, grazing, treed creek lines, rock and bush as well as lower saline land. 
It includes an early 1900s dwelling with views, shearing shed, six main paddocks with twi smaller holding paddocks and seven dams. 
<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/2019/7/25/grassdale%20.jpg" alt="">
"We do however note that the continuous development of agricultural technology and plant varieties is resulting in an potential increase in yields and returns and these developments could have a significant impact on the production potential of the lower rainfall areas which has the potential to flow on to capital gains." 
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Good value to be found in Western Australia rural market: HTW rural

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The Perth housing market is doing better than expected, supported by lower interest rates and the continued strength of non-rural commodity prices, according to Moody's Analytics.
They forecast the Greater Perth area's house values to increase by a total of 6.4% over 2020 and 2021, after a -6.9% decline in 2019. 
Similarly Greater Perth apartments are expected to see a recovery too, albeit smaller, with a total growth of 4.8% over 2020/2021. However, this follows a decline of -7.3% in 2019.
The outlier however is Mandurah, with growth of 12.9% forecast in 2020 and 8% in 2021, off of the back of 4.3% in 2019.
Mandurah is the only region in WA which apartments are forecast to see growth during 2019.
Moody's said growth in housing values is because the labour market in Western Australia has been comparatively weak for some time, with the growth in employment lower than the national average since 2015.
The unemployment rate in the state is among the highest in the country, 6.1% in April compared with the national average of 5.1%, and wage growth remains the lowest of all the states on a year-over-year basis.
<img src="https://www.urban.com.au/images/2019/6/27/Perth%20Moodys%201.JPG" alt="">
Perth-Inner is expected to experience the steepest fall this year in house values but will recover slightly in 2020.
Meanwhile Perth-North West and Perth-Inner are expected to have the greatest price falls in apartments this year, with the fall flowing through to next year as well for the former region.
"Rental values fell more than 20% peak to trough from May 2013 to November 2017, a sign of continued excess supply," the report said.
"A slow recovery in rental value over the next two years will help the housing market recover."
Perth-North West, encompassing Joondalup, Stirling and Wanneroo, is representative of the trends across Greater Perth.
<img src="https://www.urban.com.au/images/2019/6/27/Perth%20Moodys%202.JPG" alt="">
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Mandurah to lead WA apartment market recovery: Moody's Analytics

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Kambalda East has the cheapest rentals in Western Australia, according to the latest Investar suburb performance report.
The report reveals the top 100 cheapest localities across the country.
It suggests the median rent in Kambalda East for a three bedroom house sits at $170 a week. 
This is followed by Geraldton and Orelia with $190 per week.
The median rent in Armadale for both house and unit sits at $200 per week. 
<table cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top">
Suburb
</td>
<td valign="top">
State
</td>
<td valign="top">
Postcode
</td>
<td valign="top">
Dwelling Type
</td>
<td valign="top">
Bedrooms 
</td>
<td valign="top">
Median rent 
</td>
</tr>
<tr>
<td valign="top">
Kambalda East
</td>
<td valign="top">
WA
</td>
<td valign="top">
6442
</td>
<td valign="top">
House
</td>
<td valign="top">
3
</td>
<td valign="top">
$170
</td>
</tr>
<tr>
<td valign="top">
Geraldton
</td>
<td valign="top">
WA
</td>
<td valign="top">
6530
</td>
<td valign="top">
Unit
</td>
<td valign="top">
2
</td>
<td valign="top">
$190
</td>
</tr>
<tr>
<td valign="top">
Orelia
</td>
<td valign="top">
WA
</td>
<td valign="top">
6167
</td>
<td valign="top">
Unit
</td>
<td valign="top">
2
</td>
<td valign="top">
$190
</td>
</tr>
<tr>
<td valign="top">
Armadale
</td>
<td valign="top">
WA
</td>
<td valign="top">
6112
</td>
<td valign="top">
House
</td>
<td valign="top">
2
</td>
<td valign="top">
$200
</td>
</tr>
<tr>
<td valign="top">
Armadale
</td>
<td valign="top">
WA
</td>
<td valign="top">
6112
</td>
<td valign="top">
Unit
</td>
<td valign="top">
2
</td>
<td valign="top">
$200
</td>
</tr>
<tr>
<td valign="top">
Kambalda West
</td>
<td valign="top">
WA
</td>
<td valign="top">
6442
</td>
<td valign="top">
House
</td>
<td valign="top">
3
</td>
<td valign="top">
$200
</td>
</tr>
<tr>
<td valign="top">
Shoal Water
</td>
<td valign="top">
WA
</td>
<td valign="top">
6169
</td>
<td valign="top">
Unit
</td>
<td valign="top">
2
</td>
<td valign="top">
$200
</td>
</tr>
<tr>
<td valign="top">
Osborne Park
</td>
<td valign="top">
WA
</td>
<td valign="top">
6017
</td>
<td valign="top">
Unit
</td>
<td valign="top">
Studio&amp;1
</td>
<td valign="top">
$200
</td>
</tr>
<tr>
<td valign="top">
Maylands
</td>
<td valign="top">
WA
</td>
<td valign="top">
6051
</td>
<td valign="top">
Unit
</td>
<td valign="top">
Studio&amp;1
</td>
<td valign="top">
$210
</td>
</tr>
<tr>
<td valign="top">
Victoria Park
</td>
<td valign="top">
WA
</td>
<td valign="top">
6100
</td>
<td valign="top">
Unit
</td>
<td valign="top">
Studio&amp;1
</td>
<td valign="top">
$210
</td>
</tr>
<tr>
<td valign="top">
Hamilton Hill
</td>
<td valign="top">
WA
</td>
<td valign="top">
6163
</td>
<td valign="top">
Unit
</td>
<td valign="top">
Studio&amp;1
</td>
<td valign="top">
$215
</td>
</tr>
<tr>
<td valign="top">
Baldivis
</td>
<td valign="top">
WA
</td>
<td valign="top">
6171
</td>
<td valign="top">
Unit
</td>
<td valign="top">
2
</td>
<td valign="top">
$215
</td>
</tr>
<tr>
<td valign="top">
Gosnells
</td>
<td valign="top">
WA
</td>
<td valign="top">
6110
</td>
<td valign="top">
Townhouse
</td>
<td valign="top">
2
</td>
<td valign="top">
$220
</td>
</tr>
</tbody></table>
Source: Investar
A three bedroom house nestled on the edge of East Kambalda has been listed for $180 per week. 
Situated on a large block, the house at <a href="https://www.realestate.com.au/property-house-wa-kambalda+east-412942407" target="_blank">33 Acacia Road</a> (pictured above) comprises three bedrooms, renovated kitchen, large living area, and home office or study.
It also features a shaded patio, a carport and garage. 
<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/2019/7/11/geraldton.jpg" alt="">
A Geraldton two bedroom unit currently on the market is priced at $185 per week.
Located close to all amenities in Geraldton, the furnished brick unit at 10/13 Ainsworth Street (pictured above) comes with open plan lounge area, two bedrooms, enclosed rear yard and single carport. 
It's just a short stroll to the CBD and beaches. 
</body></html>

Kambalda East is WA's cheapest rental location: Investar 

<html><body>
After a period of declining values, the residential property market in the Western Australian region around Australind and Eaton has received a potential boost. 
The commencement of construction of the new $1 billion lithium processing plant at Kemerton could provide a lift to these markets, according to a recent Herron Todd White (HTW) residential report.
The report suggests in excess of 600 new jobs will be created and the doubling of production at the Greenbushes lithium mine has already seen 200 new employees.
The respective companies behind these significant regional enterprises are specifying that the workforce must live within 50 kilometres.
"Where previously property values in this catchment have been steadily falling over a number of years, there is now cautious optimism, with new sub-divisions emerging in Donnybrook, Eaton and Glen Iris," the valuation firm said. 
The report notes that real estate agents are seeking new stock to sell as investors begin to purchase the properties that have been on the market for a noticeable period of time.
"It is realistic to say that the region remains a buyer’s market for the time being, however it is anticipated that stability will be introduced in coming months," the valuation firm said. 
One related observation has been the recent sale of a number of executive dwellings in Bridgetown and Manjimup with prices over $700,000 being achieved for three properties, which is setting a new upper price bracket for these quality houses as mining executives are looking to re-locate to the South West.
A four bedroom house located just a few minutes' drive to the centre of Bridgetown has recently been sold for $700,000.
Sitting on one acre, the family home at <a href="https://www.realestate.com.au/sold/property-house-wa-bridgetown-130361910" target="_blank">19 Devon Place </a>(pictured below) comprises open plan kitchen/diner, separate family room, study, lounge, master bedroom and three additional double bedrooms.
Other features include solar hot water, garden sheds, laundry with fitted cupboards and double garage. 
<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/2019/7/10/bridgetown%20.jpg" alt="">
"The overall review of the South West land division residential property market, however, is best described as weakening with downward pressure on values particularly in the outlying localities such as Dalyellup in Bunbury, Provence and Kealy in Busselton, and Brookfield in Margaret River," HTW said.  
A four bedroom house located in Stage 1 of Dayleyllup Beach Estate has recently been sold for $405,000.
Located at <a href="https://www.realestate.com.au/sold/property-house-wa-dalyellup-129800938" target="_blank">13 Kularda Road</a> (pictured below), the home was sold for $451,000 in 2011.
It comes with open plan living, formal lounge, study, master suite, three additional bedrooms, two patio areas and swimming pool. 
<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/2019/7/10/dalyellup%20.jpg" alt="">
</body></html>

South West WA market boosted by new lithium processing plant : HTW residential 

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Despite continued headwinds about electric vehicles entering the mainstream private car market, there has been a strong development pipeline of new petrol stations across Australia, according to a recent report from CBRE.
A new CBRE market review highlighted that 186 new petrol stations will be built nationally over the next 12 months, including 38 in Western Australia.
CBRE’s WA petrol station specialist Anthony Del Borrello said that the development supply pipeline was being driven by Perth’s changing road networks and strengthening investor demand.
Mr Del Borrello said, "service stations present a compelling investment opportunity, based on their strong tenancy profiles – anchored by national operators such as 7-Eleven, Caltex and Viva Energy – and long leases.”
“These tenants are at the forefront of the emerging electric car industry and their confidence in the long-term expansion of their existing network in WA is providing investors the confidence that there will be no market disruption in the medium term.”
The report notes, over the past six months, more than $62 million of petrol station investments sold across Western Australia, with tenancies including 7-Eleven, Caltex and Coles Express resulting in an average yield of 6.2%.
In WA, 38 petrol stations are mooted this year, with an additional 26 earmarked for construction across the state in 2020.
While the proportion of electric vehicles in production in Australia is expected to reach 50% by the 2030s, translating to less than 14% of cars being electric, there will be a continued need for petrol filling stations into the future.
BP Sawyers Valley is one of the latest service stations to hit the WA market.
Completed in June this year, the 5,295 sqm property is anchored by a 15-year lease to Epic Petroleum (with additional options).
The property is situated on the corner of Great Eastern Highway and Sawyers Road.
“This property represents the first BP service station to be offered for sale in Perth in at least three and a half years. On the back of continued momentum in the service station investment market, the opportunity to acquire this long-leased asset is expected to generate competitive buyer interest,” Mr Del Borrello added.
WA service station transactions between June 2018 – June 2019:
<img src="https://www.urban.com.au/images/2019/6/26/Petrol%20Stations%202019.JPG" alt="">
</body></html>

186 Australian petrol stations set for completion in 2019: CBRE

<html><body>
UBS Asset Management has sold their stake in Collgar Wind Farm, Western Australia's largest wind farms, to REST Industry Super.
REST had owned 40 percent of Collgar and have acquired UBS Asset Management's 60 percent stake.
The deal will make Collgar one of the largest Australian renewable energy projects directly owned by an Australian superannuation fund.
Rest has been involved with Collgar since construction began in 2010. 
Collgar generates, on average, between 40 and 50 per cent of the state’s renewable electricity. This is enough to power up to 170,000 average WA households per year and displace up to 690,000 tonnes of carbon dioxide emissions per year. 
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The acquisition was negotiated by Rest’s internal investment manager, Super Investment Management. 
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</div>
</div>
 George Zielinksi, chief investment officer at Super Investment Management, said the project is expected to continue to generate sustainable cash flows.
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“Collgar Wind Farm is a premium infrastructure asset that has been delivering strong returns for Rest members", Zielinski said.
<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/2019/6/24/Colgar%20Wind%20Farm%203.jpg" alt="">
"Renewable energy projects like this will continue to play an important role in Australia’s future.
“As an existing owner, Rest has been able to monitor and assess the wind farm’s operational performance since construction was completed in 2011. 
"Taking full ownership is a great opportunity to drive further value from the asset and strengthen Rest’s infrastructure portfolio. 
"We are confident it will help grow members’ retirement savings into the future.” 
Collgar is the largest wind farm in WA, built on 18,000 hectares of land with a total capacity of 206 Megawatts. 
Collgar generates, on average, between 40 and 50 per ent of the state’s renewable electricity, enough to power up to 170,000 average WA households per year and displace up to 690,000 tonnes of carbon dioxide emissions per year. 
The project holds a five-star Global Real Estate Sustainable Benchmark (GRESB) rating for 2018.
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</body></html>

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