LUXURY PENTHOUSES REDEFINE HIGH-END LIVING IN NORWEST
Banksia’s four-bedroom penthouses offer house-like space with single-level convenience, designed by Richard Archer for discerning downsizers.
3 min
A new benchmark for luxury living has arrived in Sydney’s Hills District, with the release of a collection of four-bedroom penthouses at Norwest Quarter, designed by acclaimed architect Richard Archer.
These residences, part of the Banksia building, promise a rare combination of spacious, house-like proportions and single-level convenience. They cater to high-net-worth buyers looking to downsize without compromise.
The Banksia penthouses are located in the Norwest Quarter in Norwest, a leafy suburb in Sydney’s Hills district, about 35 km from the city.
Mulpha, a leading property developer and investment group, developed the precinct to create a sustainable, mixed-use community. It integrates the penthouses with retail, green spaces, and lifestyle amenities within a beautiful natural setting.
“With expansive outdoor terraces, panoramic views, and open-plan interiors, these homes offer a rare sense of space in apartment living,” said Tim Spencer, Head of Development at Mulpha.
“They are designed to maximise light, airflow, and indoor-outdoor living. Each penthouse also incorporates custom finishes, high-end appliances, and adaptable spaces to suit many lifestyles.”
The penthouses boast concealed butler’s pantries, integrated smart home technology, and master retreats.
According to Richard Archer, director of Archer Design, the design challenge was to create a home that feels as open as a house but with the ease of apartment living.
“We wanted to craft a space that brings the outdoors in, with terraces that extend the living areas and maximise views of the Blue Mountains and surrounding landscape,” he said.
Australia is seeing a growing trend of luxury downsizing. Affluent buyers seek spacious, well-appointed apartments that provide high-end amenities without the maintenance of a traditional house.
Long associated with family homes, the Hills District in NSW is seeing an increasing demand for premium apartment living that doesn’t sacrifice space or prestige.
Norwest Quarter’s masterplan incorporates green spaces, sustainable design, and premium lifestyle amenities, including a resident-only mineral pool, fitness facilities, and a private garden sanctuary.
It is also near the Norwest Metro Station and local retail hubs. The Norwest Metro Station provides easy and quick access to the city with direct links to Barangaroo and Chatswood.
Norwest Quarter is Australia’s most ambitious zero-carbon mixed-use precinct, placing sustainability at the forefront of its design.
The spokesperson said, “With 70% of the development dedicated to green spaces, the master plan integrates tree-lined plazas, walking trails, and energy-efficient building design, offering a balance of urban convenience and environmental consciousness.”
For more information, visit norwestquarter.com.au/penthouses
BNW Developments has established a Sydney presence, joining Arada and Sobha Realty among the growing number of UAE developers pursuing Australian buyers and development opportunities.
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Restored Victorian Italianate manor Earlswood combines two substantial residences on 778sqm and leads the prestige offering from the newly established Ray White Phillips & Co.
3 min
Alexander Phillips has unveiled his first newly launched trophy campaign since establishing Ray White Phillips & Co, with the landmark Randwick estate Earlswood being offered with a guide of $10.5 million.
The listing is an early statement for Phillips’ new Woollahra-based agency. Less than a month after opening, Ray White Phillips & Co had already secured more than $30 million across a series of booked auction campaigns, including the $9 million sale of 92 Ocean Street, Bondi, and sales in Waverley, Bronte, Clovelly, Paddington and Coogee.
Phillips also recently sold 9 Kenneth Street, Tamarama, for $20.25 million, the highest reported Eastern Beaches sale of 2026.
The latest addition to the agency’s books is one of the eastern suburbs’ more distinctive estates.
Occupying 778 sqm at 54 Dutruc Street, Earlswood pairs a restored Victorian Italianate manor with an adjoining two-storey contemporary residence designed by X-PACE Design Group.
The original home was built in 1891 and is a locally listed heritage residence within Randwick’s St Marks conservation area. Its restoration retains much of the formality and detail expected of a grand Victorian property, including a substantial entrance foyer, frescoes by Augusto Lorenzini, four-metre ceilings, marble fireplaces and a series of reception and entertaining rooms.
Four king-sized bedrooms are arranged on one level, while an attic retreat captures views towards the ocean. More recent additions include a custom kitchen with Gaggenau appliances, a butler’s pantry, Spotted Gum floors and ducted air-conditioning.
Next door, the second residence takes a distinctly contemporary approach. Off-form concrete, wide oak floorboards and clean architectural lines establish a deliberate contrast with the ornate historic manor.
The modern home contains three upper-level ensuite bedrooms, two living areas, a designer kitchen, courtyard and north-facing rooftop terrace. Villeroy & Boch-appointed terrazzo bathrooms and Italian lighting continue the detailed finish found throughout the estate.
Although architecturally different, the two homes have been designed to operate together or independently. Each has its own entrance, while both connect to a four-car basement containing a vehicle turntable, wine cellar and internal lift access.
The configuration lends itself to multigenerational living, accommodation for adult children or extended family, or a principal residence with a separate income-producing home. The properties have also been prepared for possible future title subdivision, subject to council approval.
The estate spans approximately 717sqm of internal floor area and has a 39-metre frontage to Rae Street, as well as landscaped gardens and dual-street access. It last changed hands for $10.75 million in November 2023, according to publicly available property records.
Earlswood arrives as Phillips begins the next phase of a 24-year career in Sydney’s eastern suburbs. He has been ranked among Australia’s leading residential agents for more than a decade, with his team reported to transact more than $1 billion in property annually across more than 400 clients.
Phillips said his decision to launch Ray White Phillips & Co was driven by the industry’s increasing reliance on technology, data and network reach, while maintaining his team’s focus on the eastern suburbs.
For Ray White, Earlswood provides an appropriately high-profile introduction to its newest prestige operation: a rare dual-residence property that offers both a carefully preserved piece of Randwick’s history and a markedly contemporary way of living.
Earlswood at 54 Dutruc Street, Randwick, is being marketed by Alexander Phillips of Ray White Phillips & Co through expressions of interest closing November 5.
Australian shares finished higher on Tuesday, September 22, as a technology rally and lower oil prices outweighed weakness in energy companies and continued anxiety about domestic interest rates. The S&P/ASX 200 closed 25.9 points, or 0.30 per cent, higher at 8,757.8. The All Ordinaries gained 0.36 per cent to 8,951.0, while the All Technology index …
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