RWC Queensland’s Post

Gold Coast's Northern Beaches: Going High-Rise to Solve Housing Crisis? The Gold Coast's northern corridor is experiencing a surge in development, with a wave of new tower proposals aiming to address housing needs and affordability concerns. One such project is an 11-storey apartment building planned for Pimpama by Escape Homes and Developments. This development offers a mix of one, two and three-bedroom apartments, including dedicated NDIS units, aiming to provide more housing options at varying price points. This project, designed by Miso Collective, highlights the wider trend of high-density development in the corridor. Other proposals include: ✳️A four-tower scheme at Coomera by Brisbane-based Cadmium Developments, featuring residential apartments, retail spaces, and leisure facilities. ✳️A major expansion of Dreamworld, including hotels, high-rise buildings and entertainment facilities. ✳️A $333 million, 600-room hotel development by Village Roadshow at Movie World. These projects signal a significant shift towards high-rise development in the Gold Coast's northern growth corridor. It will be interesting to see how this development shapes the future of the area and addresses the current housing challenges. What are your thoughts on the growing high-density development in the Gold Coast's northern suburbs? #BuildingTalks #GoldCoastDevelopment #GoldCoastProperty

Demand surges for inner Melbourne development sites, premium beachside opportunity hits market: Demand for prime development sites in Melbourne's inner city and fringe areas is seeing a dramatic... https://bit.ly/4dVZnBv

🏗️ Perth Hub Settlement Update 🏙️ We’re on track to target settlement at Perth Hub before Christmas, with FEC Constructions delivering outstanding quality throughout. The finishes and amenity spaces look exceptional, bringing a new level of sophistication to one of Perth’s most significant redevelopments. As part of the $1.4 billion Perth City Link project, Perth Hub will transform a former transit area into a dynamic precinct that reconnects the CBD with Northbridge after more than a century. With 314 apartments, 12,000sqm of retail, and a range of dining, shopping, and entertainment options—including a planned expansion of Chinatown—this development introduces an unparalleled urban lifestyle to the heart of the city and we can't wait to welcome residents to their new homes. . . . . . #AZProperty #AZPropertyWA #property #realestate #housing #perthrealestate #perthproperty #perthrealestateagent #perthpropertymarket #perthmarket #propertymanagement #leasingWA #propertyWA #realestateWA #apartmentliving #offplanapartment #newlybuilt #newlybuiltapartment #firsthomebuyer #homeowner #houseandland #propertydevelopmentwa #propertyconsulting #propertyinvestment #propertyinvestmentperth

Introducing Kavanagh—127-129 Kavanagh Street, Southbank—a hybrid Build-to-Rent development that combines high-end BTR residences with the luxury of a five-star JW Marriott hotel. This visionary project will be the cornerstone for the area, completing the Boyd School precinct and setting the stage for Southbank’s most exciting phase yet. In recent years, the BTR market in Australia has seen remarkable growth, with Melbourne leading the charge. The city holds 59% of the country’s BTR development pipeline, with around 8,000 apartments either planned or under construction. Driven by housing affordability challenges and low rental vacancy rates, demand for Build-to-Rent solutions has never been higher. With Melbourne’s population projected to reach 9.5 million by 2056, the BTR sector will be crucial in meeting housing needs. By 2050, Australia could require up to 250,000 BTR apartments, and Melbourne alone may need 50,000 to 100,000 units to keep pace—an estimated 3,500 new apartments annually. People may say the days of big BTR are over, but we think they’re just beginning. Watch more on YouTube: https://lnkd.in/gmJm_aaw #southbankmelbourne #heritage #architecture #melbourne #kavanaghst #buildtorent

Cited Property are instructed to sell the House of Fraser in Darlington. Darlington is a historic and industrial market town in the County of Durham, England. Renowned for its engineering industries, award-winning theatre and arts venues.     The subject property is situated in a commanding, corner position at the junction of Blackwellgate and High Row at the southern end of the town’s main retailing area. Thanks to its substantial footprint, the property also benefits from frontages on to Blackwellgate and Mechanics Yard. It is located less than 200 metres from the Cornmill Shopping Centre which is the town’s main shopping destination. Other nearby occupiers include Boyes, Greggs, Caffe Nero and the popular Darlington Covered Market. The property is formed by several buildings that have been amalgamated to provide the current arrangement. The department store totals approximately 145,556 sq ft (GIA) and is arranged over lower ground, ground and four upper floors. The subject property is on a licence to occupy to House of Fraser. The licence was signed in 2021 by SDI (PROPCO 37) Limited. House of Fraser are currently trading from the property by way of a license to occupy. The license is determinable by both landlord and licensee at any point subject to not less than 3 months’ notice. The subject property is a local and cultural landmark that could be suited to an array of alternative uses, subject to planning and feasibility. We believe options include: • New Lease – either with the existing or an alternative occupier on the current demise. • Mixed-Use Redevelopment – we believe the ground floor could be reconfigured to provide a combination of high-quality retail and leisure units. The upper parts could then be repurposed for either residential, office or hotel use. • Leisure – there are numerous requirements for large town centre space from indoor entertainment and experiential leisure occupiers. • Cultural, Health & Community – working alongside the local authority to capitalise on the advancing regeneration of Darlington town centre and repurposing one of the town’s most iconic buildings to a community use. We are instructed to seek offers in excess of £1,000,000, subject to contract and exclusive of VAT. A purchase at this level would reflect a capital value per sq ft of just £6.87. For further information, please get in contact with Benjamin Wood or Bradley Maher. #darlington #retail #sale #assetmanagement #durham #property #commerical #opportunity #getintouch

In 2023, Perth led the nation in property price growth, with median house prices rising by an impressive 15.6%, well above the national average of 8.6%. With Perth’s property market continuing to show strength and stability, we’ve highlighted the top three suburbs demonstrating excellent value, high rental demand, and significant capital growth potential for 2024. Balcatta - Located within the City of Stirling, Balcatta stands out as one of Perth’s strongest markets. Known for its diverse mix of residential, retail, and commercial spaces, the suburb offers easy access to the CBD and sees rapid property turnover, with homes typically selling in under two weeks. Balcatta remains a top choice for those looking to secure a solid home in Perth's rising property landscape. Mount Hawthorn - For those drawn to more established suburbs, Mount Hawthorn offers a blend of urban convenience and neighbourhood charm. With its proximity to Perth’s CBD and a thriving café culture, this area continues to see demand, particularly for character homes and redevelopment opportunities. Property values have risen by approximately 8.6% in the last year, underscoring Mount Hawthorn’s appeal as a premium location. Belmont - Just a short distance from the CBD and Perth Airport, Belmont combines accessibility with a competitive median house price of $545,000 and the appeal of riverfront views. With properties selling within three weeks, Belmont’s location and strong demand signal a great choice for seeking long-term and stable growth. What are your thoughts on Perth’s continued market momentum? Let us know! #perth #builders #construction #buildingtogether #constructionmanagement #architecture #contractor #homedesign #realestate #propertymarket #perthproperty

Emerging Horizons: San Jose's Commercial Property Developments Surge 🌆 San Jose's commercial landscape is buzzing with activity! Several significant developments are setting the stage for a vibrant future: 1. Signia by Hilton Hotel is transitioning its south tower into student housing, enhancing the downtown area's residential options. 2. Edenvale Industrial Park sees a significant push with Hines securing $120M for the largest industrial project currently underway in Silicon Valley. 3. The Westfield Oakridge shopping center plans are pending, adding to the anticipation of more mixed-use spaces to cater to our growing community. 4. A notable shift in property usage as the Hanover Diridon building will convert underused commercial spaces into residential units. These projects reflect San Jose's dynamic growth and the city's adaptability to the changing needs of its residents and businesses. Stay tuned for more updates and opportunities that these developments are poised to bring! #SanJose #CommercialRealEstate #UrbanDevelopment #InnovationCity

Suburbs where house prices are over $1 million, with some far exceeding that! According to REA Group, these luxurious places usually feature waterfront locations, large blocks with substantial homes, and are well-connected, family-friendly areas near good schools. Sydney's Bellevue Hill takes the crown with a median house price of $9.6 million, boasting some of the city’s most luxurious mansions. In Melbourne, Toorak leads with homes averaging $5 million, known for its luxury and proximity to top schools. Meanwhile, in Brisbane, New Farm and Teneriffe have a median house price of $3.2 million. Similarly, in Perth, Cottesloe and Peppermint Grove sit just under $3.5 million. Hyde Park and Unley lead the prices in Adelaide with a median price of $2.2 million. Do you think the property prices in these suburbs will continue to rise?

Affinity Living Lancaster Wharf New luxury apartments in Birmingham from £254,189. Delivering the Affinity Living brand standards of prime location, luxury apartments and premium amenities, Lancaster Wharf will directly cater to the demands of Birmingham’s rental market. Expanding to a city where a quarter of households rent their properties, Affinity Living is a prime opportunity for Birmingham, investors and their tenants.   Development Overview: A selection of 1 and 2 bedroom apartments.  Completing Q3 2025. 23 storeys. 266 premium one and two-bedroom apartments. Projected yield 6%. 13.5% anticipated growth over the build period. Facilities including a gymnasium, two communal garden spaces, co-working space. The Location: This canal-side development is in a prime city centre location, within walking distance to Birmingham’s key attractions including The Bullring Shopping Centre, Birmingham New Street Station, and the Colmore Row business district.   Investment Overview: Prices from GBP 254,189   Payment Plan: Reservation and admin fee- £5,495. 10% on contract exchange 10% in 3 months (after contract exchange) Balance on completion. #birmingham #ukproperty #ukpropertymarket #newproperty #newbuild #invest #investinginrealestate

There is a growing shortage nationally of larger three- and four-bedroom apartments coming onto the market that are specifically designed to encourage downsizing homeowners to trade larger homes for premium apartment living as Nila Sweeney reports in The Australian Financial Review. “There’s a lack of supply in the market that is likely to remain for a long time. We’re continually seeing people wanting to downsize out of their existing large family homes, and there is certainly a lack of supply of larger apartments," as reported in the AFR. Myka Residences on the beachfront in Scarborough are specifically designed with the footprint of a large home, only two per floor and with minimal communal facilities and low strata fees, with the downsizing market in mind. Downsizers from surrounding coastal suburbs currently occupying larger family homes are struggling to find the calibre and size of properties within reach of the suburbs familiar to them - and hence are remaining in larger homes for longer than they had intended. A trend which governments nationally are trying to address in an attempt to free up housing stock but with little success to date. Myka is absolute beach front living, with uninterrupted panoramic views north and south from every apartment, curated interior and exterior living spaces, exceptionally executed features and finishes and all within walking distance of one of our most celebrated beaches. Head to www.mykaresidences.com.au or reach out directly to register your interest today.