SCIENCE FICTION MEETS MARKET REALITY: ANDERS SÖRMAN-NILSSON ON THE FUTURE OF PROPERTY
Global futurist Anders Sörman-Nilsson says AI, climate change and shifting demographics are rewriting the rules of real estate.
3 min
“Today’s luxury is tomorrow’s expectation.”
It was one of Anders Sörman-Nilsson’s throwaway lines – but the kind that sticks. The Swedish-Australian futurist wasn’t talking about marble benchtops or rooftop pools. He meant robots in the home, AI personal assistants and cities so climate-resilient they could add decades to your life.
For Sörman-Nilsson, science fiction is no longer something you watch. It’s the world you live in, and if you’re in property, you’d better be designing for it now.
Take transport. In Los Angeles recently, he rode in a Waymo self-driving car and “never felt safer”. No human driver, no small talk, no risk of road rage. Just seamless, sensor-driven efficiency. Or healthcare. His GP now uses an AI medical scribe to complete reports and referrals, saving hours of paperwork. For patients, it means more time with the doctor and medical instructions translated into plain English.
These examples aren’t novelties. They’re signals. “AI is taking the robot out of the human,” he told the audience.
“It’s letting us do less of the menial and the mundane, and more of the meaningful and the human.”
Speaking to more than 100 property and investment leaders at the inaugural Kanebridge Quarterly Property Summit in Sydney, Sörman-Nilsson set out a future that is as exhilarating as it is confronting.
The night opened with a data-rich address from expert economist Dr Andrew Wilson, who set the economic scene for the year ahead.
His forecast: a robust housing market through 2025, underpinned by falling interest rates, inflation easing back to the RBA’s target, and a still-strong labour market.
From there, the conversation shifted from the short-term economic outlook to the long-term forces reshaping the industry, as futurist Sörman-Nilsson took the stage.
Over the course of an hour, Sörman-Nilsson unpacked the three significant forces reshaping real estate: AI, demographics and design, and why ignoring them could be fatal for investors, developers and cities alike.
One of his sharpest warnings was about climate change and the emergence of “climate oases” – the select cities and regions that will remain liveable and attractive as others become too hot, flood-prone or costly to protect.
“In Australia, Hobart, Launceston, and Canberra are among the most climate-resilient,” he said.
“People are already moving there for cooler temperatures and security. That’s not a trend you want to ignore if you’re thinking about where value will hold.”
Demographics, too, are shifting in ways the property market can’t afford to overlook. By 2035, Sörman-Nilsson predicts that 40 per cent of households could be single-person households. Fewer children, more solo living and longer lifespans will require housing models that prioritise community, flexibility and wellness over sheer size.
“If you want to live in Sydney in the future,” he quipped, “you might never know your grandkids because they’ll have to move somewhere they can actually afford.”
The implications for design are profound. He points to “Blue Zone” principles – the habits and environments linked to long, healthy lives – as a template for next-generation developments.
Think walkable neighbourhoods, green spaces, social connection and accessible services.
“Singapore has become the first urban Blue Zone by design,” he said. “If they can do in 20 years what took Okinawa hundreds, there’s no excuse for our cities not to aim higher.”
For all the provocation, there was consensus in the room. Panellist Darren Younger, CEO of Assetora, said the opportunity for property to integrate technology at the foundational level has never been greater.
“Technology isn’t just an add-on anymore. It’s becoming the foundation for how we design, transact and manage property,” he said. “From fractional ownership to AI-driven maintenance systems, the innovations are here; we just need to deploy them.”
Want more? Read the full story in the spring issue of Kanebridge Quarterly, here.
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After half a century in the same hands, The Palladium blends Art Deco heritage, cinematic history and beachfront living in one extraordinary offering.
3 min
In Sydney’s Northern Beaches, there are plenty of homes with a multimillion-dollar view and an enviable position close to the sand.
This unique listing has all that, but it has also earned its page in the local history books.
After 50 years in the same hands, The Palladium in Palm Beach—once a famed dance hall, then a restaurant, a private residence, and an artists’ studio—is now back on the market with a price hopes of $13.5 million through BJ Edwards and David Edwards of LJ Hooker Palm Beach.
Positioned in a rare corner spot where Ocean Rd meets Palm Beach Rd, The Palladium has been front and centre observing the famous sandy stretch for almost a century.
Built in the early 1930s, the Art Deco building was originally conceived as a vibrant community dance hall; the “it” place to be for young folk during Sydney’s thriving interwar period.
Often the dances were held to raise money for the Palm Beach Surf Life Saving Club, and newspaper reports of the time told of rowdy parties lasting until the early hours, bootleg liquor arrests, and where shorts and sandals—or even pyjamas—were scandalously worn by “both sexes”.
Over the decades, The Palladium has worn many hats.
By 1943, the original owner, Joseph Henry Graham, had defaulted on his loan, and a mortgagee sale reportedly sold the building for £1550, which translates to about $137,000 today. It later became a dining space and a general store run by the Milton family. In the 1960s and early 1970s, the property was also home to the Blue Pacific Restaurant.
The current owners acquired the keys in 1976 when it began its next chapter as a creative hub. One of today’s vendors, filmmaker David Elfick, who has been a filmmaker and producer on such films as Newsfront and Rabbit-Proof Fence, has told stories of a free-spirited creative hub that has been used for film sets, to store numerous movie props, as editing rooms, to hold countless parties and has even hosted visiting members of the Royal Shakespeare Company.
From its famed beachside soirees to its grassroots film club nights, the venue has become woven into the cultural fabric of Palm Beach.
Today, that rich history has been reimagined into a coastal home that honours its past while embracing contemporary beachside living.
Built in a unique architectural style known as streamline moderne, the aeroplane hangar-like building reflects the era’s fascination with air travel, mass transport, and modernity. The facade is defined by a sweeping curved roofline and subtle nautical cues.
The main residence features a vast central living space framed by a number of bedrooms and sunrooms, as well as a front dining room and kitchen. In total, there are four to five bedrooms, three bathrooms and a powder room adjoining an upstairs loft space.
Big, broad windows draw in loads of natural light and provide iconic views, plus the sounds of the beach just across the road.
Many of the original elements remain, most fittingly the polished floors of the former dance hall. In the additional building at the back of the block, there is a separate, self-contained studio with its own bedroom, bathroom, kitchen and laundry. From its elevated deck, the outlook stretches across the full sweep of Palm Beach.
Outside, the expansive 1151sq m land parcel also features established gardens with veggie patches and standalone decks for quiet contemplation.
Sitting just across the road from the beach, the property is also within walking distance of local cafes and the surf club. Palm Beach Rock Pool is at one end of the beach, with the Palm Beach Golf Club and the water airport at the other end of the peninsula.
The Palladium and Palm Beach Studio at 16 Ocean Rd, Palm Beach are listed with BJ Edwards and David Edwards of LJ Hooker Palm Beach via a private treaty campaign with a price guide of $13.5 million.
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