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June 2026: Recognising three outstanding team members stepping into new roles
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June 2026: Plans lodged for our next Drummoyne address
Five Projects Recognised
May 2026: This year's Urban Taskforce Development Excellence Awards finalists have been announced, with five CE projects on the list.
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April 2026: CE unveils a new benchmark for luxury living on the North Shore
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April 2026: Wholegreen Bakery opens the doors to its first North Shore store at Pienza Neutral Bay
- March
- 2026
- Residential
- News
Lisa Allen reports on the latest sales at Ballamac Coogee, on her MANSION pages in The Weekend Australian.
- March
- 2026
- Residential
- News
"Fresh from the latest sale of a luxury apartment in the eight-unit Ballamac House development in Sydney’s coastal Coogee, developer Central Element is about to take another unit to auction in the now fully completed project."
Lisa Allen
MANSION, The Weekend Australian
In a suburb record for a three-bedroom apartment, Ocean Residence 6 has just sold for $11.25m, equating to $75,000 a square metre in a deal negotiated by Sotheby’s agents Nicholas Wise and James Ball, along
with Belle Property Principal Shane Vincent.
The local buyer of the $11.25m apartment wishes to remain anonymous.
The transaction follows the $20m sale of the Ballamac House penthouse, which has just settled in one of the more significant residential transactions achieved in the suburb.
Three of the six ocean apartments in the development – a transformation of an 1860s heritage-listed property – have sold, including two penthouses.
Attention has now turned to the older component of the project with two Heritage Residences at Ballamac released to the market through Sotheby’s and Belle Property. Heritage apartment 2/39 Acacia Street is set to be auctioned in the coming weeks.
As Central Element’s Head of Sales, Cameron Porter explains, the Ocean Residence sale reflects a broader trend among prestige buyers seeking quality and certainty in the current market.
“We're seeing a flight to quality, with prestige buyers looking to align themselves with good quality, reputable developers and builders. This is where they’ll pay a premium for luxury.”
Cameron Porter
Head of Sales, Central Element
