Issue 72 I The Property Development Review

WELCOME

CONNECT WITH US THE PROPERTY DEVELOPMENT REVIEW: Online Issues: developmentready.com.au/content hub DEVELOPMENTREADY: Website: developmentready.com.au SoundCloud: /readymediagroup LinkedIn: @developmentready Facebook:/developmentready The Interview YouTube: @TheInterviewAU Instagram:@development_ready COMMERCIAL READY: Website: commercialready.com.au opportunities from key growth corridors and major capital city markets across Australia, connecting active developers and investors with projects ready to progress. Together, these stories reflect a market where access to the right sites, informed analysis and disciplined strategy will define the next phase of growth. Enjoy the read. This edition of The Property Development Review arrives as the 2026 Federal Budget signals a renewed focus on housing delivery, enabling infrastructure and workforce capacity - themes that will have far-reaching implications for both residential and commercial development markets in the years ahead. Vanessa Rader, Ray White Group Head of Research, examines the key property implications emerging from this Budget, including major commitments to housing-enabling infrastructure, construction workforce development and transport investment. As governments increasingly focus on unlocking supply rather than stimulating demand, these policy settings are expected to influence development feasibility, growth corridors and investment activity across the country. Also leading this issue is a feature interview with Kerr Neilson of Argyle Family Office. In conversation with Rob Langton, Neilson shares insights on patience, contrarian thinking and disciplined investment - principles increasingly relevant as developers and investors navigate a more measured market. Across the issue, we explore the increasing competition for development-ready sites across Melbourne and Sydney, the growing influence of transport infrastructure on land values, and the continued expansion of data centres as a key driver of industrial land demand. As always, this edition features development

CONTENTS

04 2026 FEDERAL BUDGET Vanessa Rader Ray White Group Head of Research

06 THE INTERVIEW Kerr Neilson Argyle Family Office

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08 MIXED ZONED DEVELOPMENT How to Find Suburban Mixed Zoned Development Propert in Australia Ready Media Group

APARTMENTS-QUEENSLAND Fortis’s Fourth Brisbane Project Approved at New Farm Phil Bartsch The Urban Developer HOTELS-QUEENSLAND Calile Noosa Hotel Build Moves in-House Vanessa Croll The Urban Developer

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DEVELOPMENT SITES 5 Development Sites Positioned in Australia’s Expanding Urban Corridors Ready Media Group

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QLD OPPORTUNITIES

12 INDUSTRIAL DEVELOPMENT SITES 5 Industrial Development Sites Driving Australia’s Employment Corridors Ready Media Group

91 HOTEL & HOSPITALITY-SA Intercontinental Resort

Greenlit for SA’s Barossa Wine Region Chris Thomson The Urban Developer

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MARKET MOVES Key transaction & deal analysis

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Linkedin: @commercialready Facebook:/commercialready Instagram: @commercial.ready ROOFTOP: Instagram: @rooftopstudio READY MEDIA GROUP: Website: readymedia.com.au EDITOR IN CHIEF Frank Materia IN-HOUSE WRITERS Oliver Gregurek & Dimity Barber Website: rooftop.studio Vimeo:/rooftopstudio ADVERTISING ENQUIRIES frank@readymedia.com.au LISTING ENQUIRIES info@readymedia.com.au EDITORIAL ENQUIRIES editor@readymedia.com.au CONTACT Ready Media Group Head Office

SA OPPORTUNITIES

18 CONSTRUCTION-NSW

96 WESTERN AUSTRALIA-TRANSACTIONS From Ocean Waste to Housing Fix: Hyperion’s 3D Printing Pivot Taryn Paris The Urban Developer

NSW Building Bill Targets Prefab Homes, Approvals and Certifiers Leon Della Bosca The Urban Developer

36 RESIDENTIAL BUILD COSTS-VIC Price Check: Costs Ease, But Pressure Points Build in Residential Land Market Ready Media Group 20 NSW OPPORTUNITIES

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WA OPPORTUNITIES

106 TAS OPPORTUNITIES 107 ACT OPPORTUNITIES

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OFFICE -VIC Catholic Church Brings East Melbourne

Offices to Market Lindsay Saunders The Urban Developer

Levels 3&4/161 Buckhurst St South Melbourne VIC 3205 Email: info@readymedia.com.au Telephone: (03) 9631 5476 MAGAZINE DESIGN Nespecart ON THE COVER Image of 161 Buckhurst St South Melbourne, generated by Rooftop Studio using the Aigent Enhance & Stage tool.

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VIC OPPORTUNITIES

May / June 2026 – 3

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