ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Whitsundays

The Whitsunday property market is shaping up as one to watch this year as southern buyers continue to flock to the Whitsundays, cementing the area as one of Australia’s key lifestyle markets.&nbsp;

Recent market activity suggests that the Whitsundays is going head-to-head with the long sought-after Gold Coast, Byron Bay and Sunshine Coast regions, proving to be favourable destination for buyers south of the border.&nbsp;

Rob Taylor from Taylors Property Specialists revealed that the Christmas and New Year period has shown continued strong demand from southern states in the Whitsundays area.

“January 2023 has started in a positive manner with continued interest from southern buyers,” said Taylor.

<img alt="Render from the Shute Harbour Marine Resort" data-entity-type="file" data-entity-uuid="cc3e4a82-8c27-4f6f-8377-6f4ed564b9ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Family%20Pool_0.jpg?VersionId=jKYaoUJjfx8g6sQ_udf7Hg.1U5EQDDUZ" />Render from the Shute Harbour Marine Resort. Image supplied.

“We’ve seen steady demand for property from southern buyers who have identified the Whitsundays as a key lifestyle market, especially blue chip locations such as Hamilton Island and Airlie Beach,

“With growth in the state’s south-east coupled with limited stock due to rising construction costs, demand is outstripping supply and attention has turned to markets further north, especially among lifestyle buyers.”

Among the major projects currently marketed by Taylors is the $350 million Shute Harbour Marina Resort which has drawn inquiry from buyers seeking the lifestyle and value offered by the Whitsundays.

“Already in the first few weeks of the new year buyers have secured numerous $1 million-plus lifestyle homes,” Taylor said.

“The enquiry rate hasn’t shown any real signs of slowing down from southern interest. While we don’t expect to see the hectic market activity of early 2022, we can expect a far more realistic, solid market which is best for the long term.

The Shute Harbour Marina Resort master plan will feature 58 luxury waterfront residences to be located along the marina, each with their own private marina berth of between 25 and 35 metres.

When completed, the marina village will comprise mixed retail and commercial Pier 61, restaurants, cafes, and swimming pool, as well as managed apartments with resort club facilities for berth owners.

<img alt="Render from the Shute Harbour Marine Resort" data-entity-type="file" data-entity-uuid="f68153f2-b5ec-4b3e-9817-f7e062bac3b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Entertainers%20Kitchen%20Living.jpg?VersionId=0SlC.4GD6cynyNfKUjiKAwKKi_Dq.lVl" />Render from an apartment in the Shute Harbour Marine Resort. Image supplied

As one of the biggest residential-resort projects in North Queensland in more than a decade, the transformational development is also destined to become the region’s premier lifestyle and leisure precinct – the perfect place to live, work and play.

Development of the first stage of Shute Harbour Marina Resort, which will include the marina and the stage-one release of land and marina berths, is expected to take two years to complete.

“Buyers are more willing than ever to head to the regions for a lifestyle and property that meets their needs - it’s a value proposition that is likely to see the property market in the Whitsundays hold its own for some time to come.”

Taylor believes that the lifestyle markets such as the Whitsundays will continue to perform really strong despite headwinds from inflation and interest rates.

“Talk of interest rates potentially stabilising in the coming months will add to this. However, what we are finding is these southern lifestyle buyers don’t seem to be as greatly impacted by these rate increases,” he added.&nbsp;

[smartcode_project_cta:default project_id=138294]

alisonwarters@gmail.com

Lifestyle buyers pursue value as the Whitsundays sails ahead as the market to watch

Sustained above-average population growth is set to position the Whitsundays region for a golden era of growth, according to a report by research group Aurelius.&nbsp;

Population growth in the Whitsundays looks set to outperform the 15-year average, with Victoria and NSW leading the post-Covid boom.

“The population in the Whitsunday Regional Council area grew by 1.7 per cent per annum over the past five years, ahead of the region’s 15-year average of 1.5 per cent,” said the report.

“With population growth expected to remain above the historical average over the next two decades, it is estimated the Whitsunday region’s population will hit 49,591 by 2041, up from about 38,000 at present.”

<img alt="Render of the Shute Harbour Marine Resort " data-entity-type="file" data-entity-uuid="94989fed-19b8-49b7-9323-c237d70a267e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Front%20Executive.jpg?VersionId=kp.hjr86geYF1Trmwnyka9rnHlgbpNay" />

Among the major infrastructure investments currently under way in the region is the $350 million Shute Harbour Marina Resort which will bring to the market 395 new wet-berth marina berths centred on a residential-resort precinct comprising waterfront homes and a vibrant marina village with a retail and dining precinct, a resort hotel and backpacker accommodation.

Sam Wade, the managing director of the Shute Harbour Marina Development, said the Aurelius research highlights the opportunity ahead for the Whitsunday region and North Queensland more broadly to capitalise on the region’s growth potential.

“Australians have a growing appreciation of the region and everything it has to offer in terms of lifestyle and growth potential,” said Wade.

“With the growth we have seen over the past three years, and with the level of investment currently under way in North Queensland, this research presents a compelling case for continued growth in the Whitsunday region, particularly as international tourism begins to regain momentum.”

Aurelius Director Peter Bell, a highly regarded advisor and strategist, estimates the Whitsundays could see its tourism economy grow by an extra $600 million to $2.14 billion by 2025 if new initiatives currently in train come to fruition.

Bell highlighted that the region is already a major tourism drawcard with the visitor market expected to be worth $1.53 billion in the next three years, but the infrastructure spending currently under way in the region will significantly accelerate the tourism economy.

The top end of his forecast will see a doubling of the value of the local tourism economy over the seven years to 2025, building on an economic pillar that Bell said remains pivotal to the region’s future.

The Whitsunday economy is heavily reliant on tourism with about 3,000 people directly employed in the industry, and the expected growth in the industry will be significant for the region.

The region has become an increasingly popular destination for the domestic holiday market following an influx of interstate visitors to Queensland during the pandemic.

Tourism supports about 40 per cent of local jobs in the Whitsundays region, which is the highest in Queensland and one of the highest in Australia.

<img alt="Render of the Shute Harbour Marine Resort " data-entity-type="file" data-entity-uuid="40801710-b860-4fbd-b595-5caecb28f827" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Family%20Pool.jpg?VersionId=AObyYOROyZ8.jr3bEc8_6auiEAX28Ln1" />

The Brisbane-based researcher presented his findings on the State of the Whitsundays before a host of special guests including the Mayor of Whitsunday Regional Council, Julie Hall, and Deputy Mayor Gary Simpson during a presentation at the Whitsunday Marine Club.

Among his findings, Bell sees potential for the Whitsundays region to leverage off its reputation as a boating haven with new facilities for large and small marine vessels among the essential infrastructure projects that will support an expanding tourism economy.

Signalling the significant growth of the marine industry in the Sunshine State, Bell revealed that the number of boat registrations in Queensland grew almost four times faster than the state’s population in percentage terms during the 2021 financial year, at the height of the pandemic.

Queensland boat registrations rose 2.9 per cent in 2021, well above the 10-year average of 1.4 per cent.

The recent growth in boat ownership highlights an urgent need for increased storage capacity, especially for on-water marina berths which have sustained a high marina occupancy rate of 86 per cent in FY21, despite the pandemic.

Bell estimates the Whitsundays region’s economy is being further supported by a post-Covid migration renaissance from both interstate and intrastate migration with the latest population data showing historically higher rates of growth.

The region has become an increasingly popular destination for the domestic holiday market following an influx of interstate visitors to Queensland during the pandemic.

New research reveals the Whitsundays set for a golden era of growth

The Whitsunday Lakes Trust, $350 million Shute Harbour development has been inundated with enquires, amassing a whopping 520 expressions of interest in just four weeks following its national launch to market.

As the Whitsunday&rsquo;s first major resort development in over a decade, the stage one release has been met by a swarm of interested buyers, eager to put their name to one of the 58 land and berth packages in one of the most sought-after sailing locations across the world.

<a href="/developments/cannonvale-qld-4802"><img alt="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/final_terrace_house_render_v3.jpg" width="1200" /></a> 
Render of the proposed Shute Harbour Marine precinct development in the Whitsundays Lakes Estate. Image supplied.

Rob Taylor of Taylors Property Group said the latest wave of interest has come off the back of the Sanctuary Cove Boat show which accounted for 10 per cent of the enquiries to date, with the vast majority coming from boating enthusiasts who recognised the value of large-scale berths in the Whitsundays region.

&ldquo;The immediate market response to the resort has been incredible. We knew we had something special on our hands here, but we have been simply inundated with genuine interest &ndash; it&rsquo;s been a whirlwind,&rdquo; said Taylor.

&ldquo;We&rsquo;re already in the process of converting many of these enquiries into contracts for our future Shute Harbour Marina Resort residents.

&ldquo;Many of these buyers have been long awaiting a marina project of this calibre to arrive in the area. Large scale berths are difficult to secure along the coast right now &ndash; all nearby marinas are close to capacity for the forthcoming season.&rdquo;

Once complete, the Shute Harbour Marina Resort will encompass a 395-berth marina with individual berths ranging from 10-metres to 30-metres on a 99-year lease, in addition to private berths ranging from 25-metres to 45-metres.

<a href="/developments/cannonvale-qld-4802"><img alt="" height="706" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/v1-4_0.jpg" width="1200" /></a> 
Render of the proposed Shute Harbour development in the Whitsundays Lakes Estate. Image supplied.

The project will also deliver a 100-plus room hotel resort, with function and meeting rooms, bars, restaurants, a swimming pool, and undercover parking, along with 58 freehold land allotments, and 100 managed apartments with resort club facilities.

The free-hold residential waterfront sites cover 440 sqm and are earmarked for two- and three-storey design concepts.

According to Taylor, the enquiries have come from a broad demographic of parties, including veteran boating enthusiast, first-time boat owners, and future retirees.

&ldquo;We&rsquo;re seeing the project timeline align with those buyers looking to lay the foundations for future plans two to three years down the line &ndash; whether that&rsquo;s retirement, or the eventual purchase of a larger boat,&rdquo; he said.

The land and berth packages have arrived to a market limited in supply for waterfront lots. With just 28 vacant residential waterfront lots currently available in the area, almost half of these are not located within or close to a marina development.

<a href="/developments/cannonvale-qld-4802"><img alt="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/waterfront_homes_interior.jpg" width="1200" /></a> 
Render of a proposed waterfront home interior. Image supplied.&nbsp;

&ldquo;Although the property market in the Whitsundays has increased about 20 per cent over the past 12 months, units are still about 25 per cent below their 2007 peak and land is only just matching the levels of 15 years ago,&rdquo; added Taylor.

Development of the first stage of Shute Harbour Marina Resort, which will include the marina and the stage-one release of land and marina berths, is expected to take two years to complete with construction targeted to commence in 12 months.

Expressions of interest are also being taken on future stages which will include marina loft apartments and plaza terrace homes.

[smartcode_project_cta: project_id=28292]

The first Whitsunday’s development in over a decade, Shute Harbour inundated with inquiries following launch to market

The first resort and marina precinct in almost 20 years is set to be launched in the Whitsundays.

The approved $350 million Shute Harbour Marina Resort&nbsp;aims to transform Shute Harbour into an extensive foreshore with a&nbsp;resort hotel and a&nbsp;residential precinct featuring restaurants, retail outlets and marine services.

A new near 400-berth marina will also be part of the development.<img alt="" height="3095" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/211208_v1_final.jpg" width="5000" /> 
The $350 million Shute Harbour Marina Resort masterplanned development. Image supplied.

Shute Harbour Marina Resort will be the first major marina and residential development in the Whitsundays since 2006 and will create the ultimate waterfront lifestyle for residents and tourists in one of the world&rsquo;s most sought-after sailing locations.

The multi-use marina, located on a prime 28-hectare waterfront site, will tap into a critical shortage of secure cyclone protected boat moorings in the state&rsquo;s north.

The marina resort will provide a much-needed boost for post-Covid tourism in the Whitsundays region and create 700 jobs during and post-construction.

Shute Harbour Marina Resort will also include a new commercial hub known as Pier 61, as part of a master-planned marina plaza that will create a range of new retail and commercial outlets for the waterfront development.

<img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/final_waterfront_house_courtyard_renderv2.jpg" width="1200" /> 
The $350 million Shute Harbour Marina Resort masterplanned development. Image supplied.

&ldquo;This is a development of regional and state significance that will deliver enormous benefit to the local economy,&rdquo; said Project Director Mark Daniels, who heads the&nbsp;consortium developing the project.

&ldquo;Shute Harbour is the gateway to the Whitsundays, with an outstanding marina location, and our plans will bring much needed tourism infrastructure to the region and complement the township&rsquo;s existing tourism and marine facilities.&rdquo;

&ldquo;In particular, we&rsquo;ve seen growing demand for marina berths in recent years and this is an exceptional offering that delivers a highly accessible mainland residential marina resort with a superb range of amenities and supporting services,&rdquo; he added.

The Shute Harbour Marina Resort master plan comprises 58 managed resort dwellings, each with their own private marina berths of 25 to 35-metres at their doorstep, along with managed apartments with resort club facilities, and a 100-plus room resort hotel, including function and meeting rooms, bars, restaurants, swimming pool and undercover parking.

<img alt="" height="706" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/v2-4.jpg" width="1200" /> 
The $350 million Shute Harbour Marina Resort masterplanned development. Image supplied.

The entire precinct will be linked by public boardwalks, lookout spaces and seating throughout, with plans to also establish new public parks and a community cyclone shelter on site.

Shute Harbour Marina Resort is poised to become a popular destination for residents, locals and tourists who will be drawn to the village-style precinct that will host a marina cafe and bar, marina club, supermarket, bottle shop, marina office, chandlery, marine electronics and charter operators.

The project is being undertaken by an Australian consortium headed by Mark Daniels, Mark McLachlan, Greg Phillips and Sam Wade.

The consortium members have a combined 70 years&rsquo; experience in the development industry with a collective delivery of projects to the tune of $1.25 billion, including Encounter Lakes, Encounter Bay SA &ndash; an award winning regional residential development set around a man-made environmentally sustainable saltwater self- flushing lake, Holdfast Shores, Glenelg SA &ndash; an integrated residential, tourism, retail and commercial development involving co-operative action between Commonwealth, State and Local Government, and Seaford, Noarlunga SA &ndash; a major urban &ldquo;Greenfield&rdquo; development comprising the transformation of 730 hectares into an integrated community development with a projected population over 15,000. 
<img alt="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/final_waterfront_house_internal_render_v1.jpg" width="1200" /> 
The $350 million Shute Harbour Marina Resort masterplanned development. Image supplied.

Daniels, who has extensive experience in project delivery in the Whitsundays region over the past decade, said the development is a game-changer for Shute Harbour which is set to benefit from the recent reopening of international borders.

Marina berths will range from 10 to 35 metres for mono and multi-hull craft, while the proposed land and berth packages will include marina facilities to accommodate boats up to 35-metres.

Berths are priced between $175,000 and $1 million, with each berth sold on a 99- year lease. Stage one will offer free-hold residential waterfront sites of 440 sqm which are earmarked for two and three-storey design concepts, with the land-and-berth prices starting from $1.75 million.

Expressions of interest are also being taken on future stages which will include marina loft apartments and plaza terrace homes. Development of the first stage of Shute Harbour Marina Resort, which will include the marina and the stage-one release of land and marina berths, is expected to take two years to complete.

Construction is targeted to commence in 12 months.

<img alt="" height="706" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/v1-4.jpg" width="1200" /> 
The $350 million Shute Harbour Marina Resort masterplanned development. Image supplied.

Shute Harbour Marina Resort has taken 20 years to gain all necessary approvals to proceed and was identified as a project of significance by the Queensland Government in 2006. The project benefits from its accessibility by air with three regional airports located within 30-minutes to 90-minutes drive.

The Whitsundays has a population of more than 35,500 people with tourism among the major contributors to the region&rsquo;s $5.9 billion economy.

The master planned foreshore development will feature a resort hotel alongside an extensive residential precinct featuring restaurants, retail outlets and marine services.



$350 million Shute Harbour Marina Resort set to boost property and tourism market in the Whitsundays

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<div>The high end market in the Whitsundays is performing well despite COVID and what’s happening in other areas of Australia, with lifestyle properties being sought after, according to the November report from valuation firm Herron Todd White.
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<div>HTW found that rural residential lifestyle properties are being snapped up with sales ranging from $800,000 to over $1 million. </div>
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<div>Properties with ocean views or frontage are also being snapped up along with vacant lots in similar locations.</div>
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<div>"There have also been two sales in the prestige unit market, both selling for over $800,000," the Queensland-based Herron Todd White valuer Noelene Spurway said. </div>
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<div>"We expect that once the borders are open, lifestyle properties will continue to move as the lifestyle in the Whitsundays is second to none."</div>
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<div>Spurway did however jest that she is maybe just a little biased.</div>
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Whitsundays prestige market strong amid COVID uncertainty: HTW

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Whitsunday achieves record month of sales as Melbourne buyers in lockdown dream of a tropical getaway.
Ray White Whitsunday sold more than $21 million worth of stock in August, with principal Mark Beale claiming he is fielding “dozens of calls” a day from southerners prepped to travel at the end of lockdown.
“So many people are looking to buy a holiday home in Airlie Beach with the option of living here full time or working from home", Beale says.
"It feels like everyone from down south wants to have a property here.
"So many of our buyers are working remotely anyway."
Recently, Hog’s Breath Café founder Don Algie sold his Whitsundays mansion Chesapeake Whitsundays through Beale.
<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/2020/9/9/Chesapeake.jpg" alt="">
The off-market sale was the highest price achieved in the Whitsundays mainland since 2018 when Mandalay House sold for $14 million.
The buyer was revealed to be Alan Thomas Galloway of the world famous Alabar horse breeding stud in Victoria.
“I was flying and I saw the mountain with Chesapeake on the top at 1000ft above sea level, it was like a beacon", Galloway says.
"I have fallen in love with Airlie Beach, it’s like a hidden gem, a slice of paradise."
Set on 22 hectares, the gated Chesapeake estate has a three bedroom, four bathroom home with a number of living areas, a full stainless steel chefs kitchen and an upper pool.
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Surge in demand for tropical paradise as Whitsunday's nets big sale

<html><body>A COVID-induced spike in real estate enquiry has experts predicting a strong Whitsundays in the ‘new normal’. Reports across the country state city-dwellers are making a COVID-19-change and are trading their CBD cubicle for a remote office with room to enjoy tranquility. This newfound flexibility is believed to be behind the near-record number of online searches for Whitsunday property in recent months.  The lure of acreage seems to be the strongest, with leading real estate website <a href="http://domain.com.au/" target="_blank">Domain.com.au</a> experiencing a 507 per cent increase in searches for rural residential property in Cannonvale, and surrounding areas.  <a href="https://ecomms.raywhite.com/collect/click.aspx?u=V1I3c3ZNeXdEbDVDRmVndkZYMmJYT01wQzNoTU43Zk10SDRYRmRwZDB3QUdIb2k1M0RZNzZRK25pSWxLSXpSU0NJK0xDcnZJZlljMThnNFFMZEt1ckE9PQ==&amp;rh=ff006465a85cb54541341c264f419930d26ae172" target="_blank">Ray White Whitsunday</a> Sales Associate Brett Dwyer said he had been surprised by the increase in enquiry.  “It seems like anyone that has had the Whitsundays as their 'one-day' dream address has decided that now is the time to move, and the latest stimulus announcements have magnified this further,” Mr Dwyer said. <a href="https://ecomms.raywhite.com/collect/click.aspx?u=V1I3c3ZNeXdEbDVDRmVndkZYMmJYT01wQzNoTU43Zk10SDRYRmRwZDB3RGsyVUtad1h5clQ5dktQcnFTbGtrSzU4SnR4UC82dmkzamRXZ3k3UXZtWHc9PQ==&amp;rh=ff006465a85cb54541341c264f419930d26ae172" target="_blank">Hidden Valley Whitsundays</a>, a new estate outside of Cannonvale may well be the epicentre of new interest, receiving over $1.3 million of land offers in May alone.  Hidden Valley Project Manager Brett Evans was less surprised that southern eyes were looking north for an escape.  “I lived in the Whitsundays for years but I live in the city right now and I can tell you where I’d rather be when things get crazy. We all felt the walls closing in down here,” Mr Evans said. “After a few weeks of empty grocery shelves and being outsmarted by grade one home-schooling, we were definitely ready to hook the boat up and head north.”  With ten lots in the first stage of Hidden Valley sold to local buyers, it seems it’s not just the southern city-dwellers feeling claustrophobic. Locals are also looking for the security that comes with a few extra acres.  “The prospect of a more self-sufficient lifestyle and the security that comes with a few extra acres seem to be really strong motivators, which is understandable,” Mr Dwyer said. “Who hasn’t found themselves in lockdown staring at the neighbours’ fences on either side and thinking that a little extra space, a veggie garden and a few chickens sounds pretty good?”  Senior Analyst for <a href="https://ecomms.raywhite.com/collect/click.aspx?u=V1I3c3ZNeXdEbDVDRmVndkZYMmJYT01wQzNoTU43Zk10SDRYRmRwZDB3QUdIb2k1M0RZNzZWNkdQbFYzNnBuVktEOWJQZHIzaGVjYjV4Q0UwUkRxV0h1V2RROEp6eDRSWUlxNlIzZzljZUFwR2FjbmR2TFdtUT09&amp;rh=ff006465a85cb54541341c264f419930d26ae172" target="_blank">Ray White Northern Corridor Group</a>, Ashley Rees, said supply of quality acreage land could soon become an unexpected issue in the region.  “When the pandemic began, stock levels were already 14 per cent lower than they were at the same time last year,” Mr Rees said. “Add the new pressure of buyers cashing out of a strong southern market, to this renewed local demand, and we may soon find buyers struggling to find quality options.  “The Whitsundays has always offered an unbeatable lifestyle, but has been hamstrung by the lack of diverse employment options.  “For many it seems, the newfound acceptance of remote working in a post-lockdown world may have removed the last great barrier to living in this tropical playground.”</body></html>

Whitsundays proving to be a post-COVID-19 hotspot

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A Mongolian yurt-inspired trophy home in far north Queensland is for sale.
The three bedroom circular house at <a id="LPlnk420651" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1En3xzZ47XV4dQAroOlFxcu7jSkLPEPfO0JN57GoF42hS+PP08mxh17xm/LnjGuC3a9E4u1AmbY6331RZJWmFtsIRQjxDF69ISN6BQiyf87UowWHm6eWYrA=&amp;rh=ff0043c59865a7cd7264c5dc414b826e48c2f9ec" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">60 Rossetti Road, Gregory River</a> in the Whitsundays took almost six years to complete.
Retired theatre nurse and owner-builder Lisa Gilmore built the round house, inspired by a traditional yurt.
“I have always been attracted to circle shapes, it’s a bit like a wedding ring, it’s eternal and from the sky it looked like a petal,” Gilmore said.
“My father had always wanted a round house and in his last years he came to live with me and we started researching the concept.
“We bought the skeleton from Beavis Conceptual Designs in Goulburn and the rest I built myself with the help of two very clever shipbuilders.
“It’s a big job to get the joins to go in the right way but every one is perfect.”
<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/2018/11/26/OHF_RW_Rossetti_60-15%201.jpg" alt=""> 
It took almost six years from concept to completion in a true labour of love project for Gilmore who has recently moved from her semi-rural acreage on the Gregory River to Jubilee Pocket. “I need to close this chapter of my life and let someone else move it who will love it,” Gilmore said. Inside the walls, steel cables hold the structure together from the roof to the top of the walls.
A perspex skylight, which has been certified by builders, lets light in through the apex of the roof. The three bedrooms - one with an ensuite - come off the main circle to continue a bigger circle.
 <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/2018/11/26/Crop%201GB%201.jpg" alt="">
“There’s no hallway as such and it looked beautiful with all my antique furniture. It’s like a piece of art that’s been filled with peace and love,” Gilmore said. “It’s been a labour of love and I believe in life you need to be true to yourself and be challenged. “Someone who understands the workmanship will love it. I can imagine a builder or a ship-right or a sailor or just someone who understands energy forces will be drawn to it.” Ray White Whitsunday agent Simon Dymmott said the home needed to be seen to be appreciated. “Now selling well below replacement value, take the time to organise to inspect this very unique opportunity,” Dymmott said. “Inspired by a Mongolian yurt the house design is quite something to behold," he said. “Surrounded by established gardens and tropical fruit trees and bordered by a river, this is a perfect lifestyle opportunity, offering a peaceful and very private aspect.”
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Whitsundays yurt-inspired circular trophy home listed

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Sotheby’s has appointed a new head to its operation in the Whitsundays.
<a href="https://queenslandsothebysrealty.com/team/wayne-singleton" target="_blank">Hamilton Island Realty principal Wayne Singleton</a> has been recruited.
Singleton has represented buyers and sellers of property in Hamilton Island since 2002 having transacted over 350 property sales on Hamilton Island totalling $300 million in property sales on Hamilton Island alone.
He has personally bought and sold five properties on the island.
“I’m really excited to bring Sotheby’s International Realty to the Whitsundays,” he said.
“The global network will provide un-precedented international exposure for the region’s lifestyle and real estate – putting us on the world stage.
“Couple this with our local expertise and knowledge and we are now able to provide a service to our clients like no other.”
Queensland Sotheby’s International Realty CEO Paul Arthur said the Whitsunday region had always featured in the company’s growth plans.
“Our own Carol Carter has done an amazing job servicing the high end from our Gold Coast office, but in addition we always wanted a physical presence and that takes the right person,” Arthur said.
“We believe we have that with Wayne who brings his immense experience to the region, and specifically Hamilton Island.”
Arthur said the company had achieved numerous significant sales in the past 12 months, including including <a href="https://queenslandsothebysrealty.com/1P0009/383-mandalay-road-whitsundays" target="_blank">Mandalay House</a>, <a href="https://queenslandsothebysrealty.com/19498662/4-383-mandalay-road-whitsundays" target="_blank">Aqua</a> and <a href="https://queenslandsothebysrealty.com/1P1063/119b-botanica-drive-woodwark" target="_blank">Botanica</a>.
“Our ability to attract buyers to the region is unsurpassed, pulling from our private clients across our offices in Sydney, Melbourne, Brisbane, New Zealand, and our 970 offices across the globe,” Arthur said.
“We bring a different value proposition and capability to the region. Our expansion into the Whitsunday region complements our office in Port Douglas which has enjoyed great success since opening.”
It follows the recent opening of the company’s Port Douglas office. 
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Sotheby's appoint new Hamilton Island head of operations 

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The Whitsundays residential markets and businesses are still recovering in the wake of cyclone Debbie, according to the valuation firm, Herron Todd White.
There are still noticeable signs of recovery with Daydream and Hayman Islands closed to the public and boats filled with tradesmen travelling to Hamilton Island daily.
On a smaller scale, there are still a number of houses and units that are in need of repair.
The report states that, "In regard to tourism, the Whitsundays market has been experiencing a growth in domestic and international tourist visitors compared to the past few years."
"It is worth noting however that although visitor numbers have increased, tourists are staying for a shorter period and are spending less in the region, but this is as expected with some of the major attractions and smaller businesses still recovering."
This recovery is well reflected by the Mackay region unemployment rate, postulates the report.
In 2012 the unemployment rate was 3.2%; it rose to 8.4% in 2015 and is currently sitting at around 4.4%.
The report noted that, "We have started to see positive growth in the residential market of Airlie Beach and surrounding suburbs."
"There has been a significant increase in sales volumes from the third quarter of 2017 with a mild increase in the median sale price."
The rental market has increased at an unsustainable rate with gross yields at 5.6% and an average rental of $480 per week.
The region is looking forward to the completion of a number of larger projects including the reopening of Daydream Island.
"With the completion of these works, anticipate a significant number of workers leaving the region and this will most likely lead to an increase in the vacancy rate, as well as a decline in the median rent back to sustainable levels", the report suggested. 
The report predicts that, as the construction work declines, tourism will continue to increase with a renewed appeal to the region.
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