apartment

Many things are happening in the field of producing more apartments, but so far all that has been achieved is the opposite. In fact, fewer and fewer are being ­built.

Developers are dreaming big, with billions of dollars worth of apartment towers, retail and entertainment projects planned for the Olympic precinct.

Big institutions are vying for the project, billed as the last piece of the Darling Harbour puzzle.

Harry Triguboff says a 1900-apartment project would breathe new life into a suburb that has just ‘four golf courses, a neglected beach, housing commission and a prison falling apart’. But locals are having none of it.

A property developer has put a block of flats up for auction at a prominent Bondi Beach site, where a one-bedder rents out for $1000 a week — up 33 per cent in a year.

Former AFL player turned property developer Jose Romero is selling an Essendon apartment hotel with a price tag in the vicinity of $15m.