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Other Developments
A curated list of other prominent stories from this day.
10:35 PMPropertymarkets News
The Tannery Achieves Record Pre-Sales Success
Summary
Nearly 60% of residences at McNab Group’s $220m The Tannery project sold before its public launch, including a suburb-record $2.57m sale for a two-bedroom apartment. The project is positioned as a heritage-led, wellness-focused development in Brisbane and is attracting high-end buyer demand early.
Why it matters
Record pre-sales and pricing signal that Brisbane’s premium apartment market can clear at higher levels, shaping financing, supply decisions, and local comparables.
A 3.2-hectare development parcel at the Warragul Lifestyle Centre has been brought to market, positioned as a retail-led growth opportunity in one of Victoria’s fastest-growing regional corridors. The sale is being run by Colliers and targets developers seeking scale within an established precinct.
Why it matters
If the site trades and proceeds, it will set the next benchmark for regional retail land values and signal how confident capital is in outer-metro and regional Victoria consumption growth.
Colliers appointed Ben Craig into its Urban Planning business to bolster national urban design capability tied to new communities, growth corridors, and large-scale residential development.
Why it matters
Expanding national planning capability signals a push into the front end of Australia’s housing supply pipeline, where approvals and design decisions shape project viability.