Landmark harbourside residences unveiled in Rushcutters Bay

A new benchmark for boutique harbourside living is emerging in one of Sydney’s most tightly held inner-east locations, with the launch of The Rushcutters, a collection of just 13 luxury residences overlooking Rushcutters Bay Park.

Located at 55 Bayswater Road, the development has been created by the leading property group Third.i Group in partnership with NPACT, and designed by internationally recognised architecture studio Woods Bagot.

The project blends contemporary design with subtle references to the area’s Art Deco heritage, creating what is expected to become a landmark residential address.

Designed to appeal to buyers seeking both prestige and long-term liveability, the residences offer generous internal proportions more commonly associated with freestanding homes.

Expansive open-plan living areas flow seamlessly to large balconies, reinforcing the strong indoor-outdoor connection that defines the building’s architectural vision.

Many apartments are positioned to capture elevated outlooks across Rushcutters Bay Park, the Sydney skyline and the surrounding harbour landscape, enhancing the sense of privacy and connection to the waterfront setting.

A rooftop retreat is also planned as a private sanctuary for residents, providing panoramic views alongside curated spaces for relaxation and entertaining.

Beyond the building itself, the location is expected to be a major drawcard.

Residents will be just moments from the harbour foreshore and within walking distance of the vibrant dining, retail and cultural precinct of Potts Point, while still enjoying the tranquillity of parkside living.

The development targets established buyers, downsizers, and international purchasers seeking a prestigious Sydney base with proximity to the CBD and lifestyle connectivity to some of the city’s most desirable waterfront amenities.

With construction scheduled for completion in late 2027, sales are now underway for what is shaping up to be one of the inner east’s most anticipated new residential offerings.

For more information contact James Nixon at jn@trgre.com.au

Victorian auction buyers will soon receive a piece of information that has traditionally been withheld until bidding reaches it: the vendor’s reserve price.

Under new property-sale and underquoting laws, agents must publish the agreed reserve at least seven days before an auction or fixed-date sale. Most changes begin on 1 October 2026 and apply to auctions and fixed-date sales held from 16 October.

The reserve must be presented as a single dollar amount. Advertising and the new Property Price Statement must be updated to match it, without qualifiers such as “from”, “over” or “starting at”. If the reserve has not been published seven days before the scheduled sale, the auction or fixed-date sale cannot proceed and penalties may apply.

For buyers, the immediate benefit is clearer budget discipline. A purchaser should be less likely to pay for inspections, strata reviews, contract advice and loan preparation on a property whose seller will not accept a price within the advertised range.

That does not mean the published reserve predicts the result. Competitive bidding may still carry a property far beyond it. Nor does it remove the need to value the property independently. The reserve is the seller’s minimum at that stage of the campaign, not an expert statement of market value.

The Statement of Information will be replaced by a more prominent Property Price Statement. Agents must disclose key features of the property and of the comparable sales used to support the quoted price. Where three appropriate comparables cannot be identified, one or two must be supplied if they exist.

Sold-price transparency will also increase. Agents must add the unconditional sale price to the Property Price Statement within seven days and keep that statement available publicly for at least 18 months, subject to limited exemptions including personal or family-violence concerns.

Later changes will require Section 32 vendor statements to be made available earlier, including at least 14 days before an auction or fixed-date sale from June 2027. From July 2027, agents will be prevented from taking commission from deposits released before settlement.

Vendors and agents will need to adjust campaign strategy. Setting a reserve earlier may reduce last-minute flexibility and make price expectations more visible to competing buyers. Some vendors may prefer private treaty campaigns, although those sales remain subject to broader pricing and disclosure laws.

For buyers, the practical response is not simply to bid up to the disclosed reserve. Use it as one data point alongside comparable sales, building and pest reports, owners-corporation records, planning constraints and finance approval. Decide on a maximum before the auction and do not confuse the seller’s minimum with your own valuation.

Key dates

– 1 October 2026: Most new rules commence
– 9 October 2026: First reserve disclosures may be required for sales on 16 October
– 16 October 2026: New reserve rules apply to auctions/fixed-date sales from this date
– 1 June 2027: Earlier Section 32 availability begins
– 1 July 2027: Restrictions on commission from released deposits begin
– 1 December 2027: Broader sold-price reporting to Consumer Affairs begins

Landmark harbourside residences unveiled in Rushcutters Bay

A boutique collection of architect-designed apartments overlooking Rushcutters Bay Park is set to redefine luxury inner-east living, with sales now underway ahead of completion in 2027.