Prestige Property: 82/7 Riverside Quay, Southbank, VIC
Elevated living high above the clouds.
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Encompassing the entire 82nd floor of Melbourne’s tallest building – the gold-adorned Eureka tower – comes this heady, luxury apartment.
Offering 5-bedrooms, 5-bathrooms and 8-car parking, the residence is accessed by a private lift and boasts 360 degrees of greater Melbourne with floor-to-ceiling
The residence arrives with bespoke furniture selected specifically to suit the spaces with direction by Molecule Studio and architecture and interior design firm Fitt de Felice.
Inside the uniquely shaped apartment – penned by Fender Katsalidis – the residence can be divided into an east and west wing.
The east wing sees the majority of the common areas, with the gallery, sitting, living and formal dining and kitchen flowing together. Here, the space soaks in panoramic views of greater Melbourne through the floor-to-ceiling windows.
The heart of the home – the kitchen – sees a natural stone finish and European appliances with a concealed and equally appointed Butler’s pantry attached alongside a 1400 bottle temperature-controlled wine cellar.
The west wing of the residence sees the accommodation. Here one finds the home’s five bedrooms – each of which is complete with its own ensuite.
The expansive master suite includes an oversized ensuite complete with marble tiling, an Italian imported Kos spa as the focal point – offering more breathtaking views – and ‘his’ and ‘hers’ walk-in robes.
Elsewhere the home is privy to a large home office – which doubles as a potential boardroom and a formal lounge.
Located in one of Melbourne’s most coveted suburbs, the residence is nearby the city’s best including Southbank Promenade, Crown Casino, world-class boutiques, dining and more.
The home is listed with RT Edgar’s Gerald Betts (+61 418 371 855). Offers around $25 million; rtedgar.com
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
Buyers are moving there in their droves while existing residents know they’re on a good thing
2 min
The Australian housing market is rapidly evolving, with new research revealing changing activity in regional and city areas.
The latest Regional Movers Index from the Commonwealth Bank showed the exodus from Australian cities to the regions is significantly exceeding pre-COVID movements, sitting at 19.8 percent higher. Even more revealing is data which showed relocations are 1.8 percent up on the average recorded during the height of the lockdowns. At the same time, people in regional areas are staying put.
The report is a partnership between the Commonwealth Bank and the Regional Australian Institute. RAI CEO Liz Ritchie said the regions have become the permanent home of choice for more Australians.
“The inter-regional migration index —which tracks regional to regional relocations — has fallen by 5.1 percent, suggesting that more regional residents are content to stay where they are. With the continuing strong jobs market across regional Australia, increasing city property prices and ongoing cost-of-living pressures, it’s no surprise the regions remain desirable,” Ms Ritchie said.
She said this had significant implications for planners, with a better understanding of infrastructure needs required by planners.
“Regional Australia is truly the nation’s new frontier. There are so many opportunities in our regional communities, but likewise we know there are challenges. Housing for example remains a key ongoing concern in many communities,” she said. “Regional Australia is growing and for that to continue we need adequate foundations. The time to lay them is now.”
Among the areas to benefit from this shift over the past quarter was the Hunter Valley city of Maitland in NSW which saw a 3.4 percent increase in net migration from the cities and other regional areas. Long seen as the less desirable locale in the wine growing region, Maitland has attracted more buyers looking for an affordable home with lifestyle benefits. CBA Executive General Manager Regional and Agribusiness Banking Paul Fowler said it was an area on the rise.
“There is significant development happening around Maitland, with extensive land releases for residential, industrial, commercial and retail fuelling strong employment and construction industry opportunities,” Mr Fowler said.
“Maitland is also set to benefit from major investments in the area including the nearby Newcastle Airport which will welcome international flights from 2025, further enhancing the region’s accessibility and economic profile.”
And while Melbourne property prices continue to experience a lull, it’s a different story outside the capital, with regions closer to main city centres performing particularly well.
“A move to regional Victoria remains on trend among those relocating, with the state’s regional areas experiencing the largest surge in popularity in the 12-month period to September 2024, with its share of net regional inflows rising from 21 percent to 30 percent,” Mt Fowler said. “Trending scenic LGAs like Queenscliffe on the coast, as well as Moira, Wangaratta and Strathbogie located further north, offer attractive and more affordable lifestyle opportunities for many Australians.
“With more corporate employers setting up or relocating to Geelong, Queenscliffe’s proximity to Greater Geelong and the Melbourne CBD means more regional Australians can enjoy diverse employment opportunities while living in a beautiful location with enhanced lifestyle opportunities.”
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
