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The number of new house listings in Sydney has dropped 9.3% over the last 12 months, according to RP Data.
There were 6,757 new listings in the last 12 months bringing the total number of listings to 28,484 - down 9.8% over the year.
Meanwhile, in Melbourne, new listings are up 5.3% over the year, with 8,219 additions. Total listings are up 9.2% over the year to 39,985 - the highest for any capital city.
In Darwin new listings increased 16% to 319 listings - the biggest increase for all the capital cities.
The total number of listings in Brisbane has dropped 14% over the last 12 months, with 9.2% fewer new listings this year.
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A new listing is one which has not been advertised for sale over the past 6 months. Total listings include new listings and properties which have been previously advertised.
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New listings in Sydney drop 9.3% over the year: RP Data

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Lenders have been offering a variety of incentives to borrowers as interest rate fluctuations focus peoples’ attention on whether to switch lenders.
Queensland-based lender Firstmac is offering a <a target="_blank" href="https://www.google.com.au/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;ved=0CFoQFjAA&amp;url=https%3A%2F%2Fwww.firstmac.com.au%2Fhome-loans%2Fbroncos-home-loan&amp;ei=9zOLUfS8DqaaiQe4jICQCw&amp;usg=AFQjCNFV8RKLurkXwDrbzxpbpXHwZln7_g&amp;sig2=IVQCiUEhfuJrLKutHWSLMw&amp;bvm=bv.46226182,d.aGc">three-year family membership to Brisbane Broncos </a>rugby league team on its 5.21% (5.26% comparison rate) Broncos loan.
<img alt="broncosmay10one" height="245" width="470" src="/images/stories/2013/05/broncosmay10one.jpg">
The Broncos last won a premiership in 2006.
Loans.com.au is offering a <a target="_blank" href="https://www.loans.com.au/our-loans/blackboard-special">special rate of 4.75%</a> (4.77% comparison rate) for home owners looking to refinance before May 20.
<img alt="loansmay10one" height="221" width="470" src="/images/stories/2013/05/loansmay10one.jpg">
RAMS is offering refinancers <a target="_blank" href="https://bs.serving-sys.com/BurstingPipe/adServer.bs?cn=tf&amp;c=20&amp;mc=click&amp;pli=7012332&amp;PluID=0&amp;ord=%5Btimestamp%5D%20">$1000 in cash</a> if they choose any RAMS loan for those applying before the end of May.
The Bank of Melbourne is offering those who switch <a target="_blank" href="https://www.google.com.au/url?sa=t&amp;rct=j&amp;q=&amp;esrc=s&amp;source=web&amp;cd=1&amp;cad=rja&amp;ved=0CFoQFjAA&amp;url=http%3A%2F%2Fwww.bankofmelbourne.com.au%2Fpersonal%2Fhome-loans%2Fswitch-offer%3Fpid%3Dweb%3Ahome-cfeature-hloffer-mar13&amp;ei=DjSLUeHjIeTwiAek74GACQ&amp;usg=AFQjCNGzd4h44K3hyV96hBs3P3L3c19lCQ&amp;sig2=RMlSSU1qqWTq6hWNAWFmDA&amp;bvm=bv.46226182,d.aGc">$700 in cash</a> for those applying before the end of July.
<img alt="bankofmelbournemay10one" height="237" width="470" src="/images/stories/2013/05/bankofmelbournemay10one.jpg">
Mozo has brought back its <a target="_blank" href="https://mozo.com.au/mystery-bank-deal">mystery bank deal</a> and is offering switchers 5.33% (5.35% comparison rate).
UBank is offering a <a target="_blank" href="https://www.ubank.com.au/ubank/web/products/home-loan/refinance/refinancing-overview?_afrLoop=124791503534000&amp;_afrWindowMode=0&amp;_afrWindowId=null#%40%3F_afrWindowId%3Dnull%26_afrLoop%3D124791503534000%26_afrWindowMode%3D0%26_adf.ctrl-state%3D1dh8n5adaw_9">0.25% per annum upfront discount</a> offer for a limited time with a variable rate of 4.87%.
And Coastline Credit Union is offering switchers <a target="_blank" href="https://www.coastline.com.au/Personal-Banking/Publications/News/Art56.php">$750 in cash</a> to switch over to their offering.
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Lenders offer varied incentives to attract loan switchers

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Sydney corporate law firm Gilbert and Tobin have signed a memorandum of understanding with Lend Lease to take 9,500 square metres of space in International Towers Sydney at Barangaroo South.
It will take the four stories above Westpac, in the second of three towers at the development.
Lend Lease says the memorandum shows the confidence banking, financial services and legal organisations have in the development.
The understanding now means more than 80% of tower two’s space is leased.
It is the first legal tenant to enter the $6 billion development.
Westpac and KPMG were named in June last year as the first confirmed tenants in the foreshore development. Lend Lease will also will taking up space.
The latest leasing agreement means Lend Lease can continue on with the third tower as financial backers required pre-leasing to hit 85% before undertaking further rental negotiations on the third tower.
The Australian Financial Review reports that the leasing deal is worth up to $9 million per year.
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Sydney law firm Gilbert and Tobin to move to Barangaroo South

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As part of its plan to develop Point Nepean National Park, the Victorian government is seeking expressions of interest from leasehold operators of it heritage listed quarantine station.
The government is hoping to turn the 17-hectare site, on the western tip of the Mornington Peninsula, into a vibrant tourist destination.
The site is the second oldest intact quarantine station in Australia, established in 1852.
<img src="/images/stories/2013/05/quarantinemay9one.jpg" width="470" height="279" alt="quarantinemay9one">
It was designed to defend the Colony of Victoria against disease and foreign attack.
A 2006 archaeological report said that by 1860, the Melbourne station was the largest and best appointed quarantine ground in Australia.
{yoogallery src=[images/stories/2013/05/may9quarantine]}
It was first built to accommodate the rush of immigrants following the discovery of gold in Victoria in 1851.
The site was developed following the tragic arrival of Ticonderga, a ship that sailed from Birkenhead England but was overrun with yellow fever during its 80-day journey.
<img src="/images/stories/2013/05/quarantinemay9seven.jpg" width="470" height="351" alt="quarantinemay9seven">
According to reports at the time, 100 people of the 795 passengers onboard died and there was not enough room to house all the survivors within the station and many died in tents surrounding it. Others, lured by gold escaped the confines.
Fears of small pox and other diseases meant subsequent arrivals to Victoria were impounded in the station until medical professionals deemed them fit to be released.
It was last used as a quarantine camp in 1954 when 113 army members onboard the Strathaird, were quarantined with smallpox.
It was officially closed in 1978.
<img src="/images/stories/2013/05/quarantinemay9six.jpg" width="470" height="320" alt="quarantinemay9six">
In 1952 a military training camp and army cadet school was established with the accommodation built remaining today. It
In 2005 it was reported there were plants to convert Point Nepean into a marine educational school.
The state government has suggested options including accommodation, restaurants, education uses.
The older buildings will likely be protected while those dating from the 1960s will likely be demolished. Parts of the site are falling into disrepair.
A government report recently recommended sensible and sensitive developments in national parks to unlock Victorian tourism.
It is nearby to a memorial to Prime Minister Harold Holt, who went missing in 1967.
A $13.8 million program to upgrade roads, car parks and infrastructure at Point Nepean is nearing completion.
The government is going through a tender process to select a tenant.
The lease is being marketed by Jones Lang LaSalle agents Matthew George and Peter Harper.
Images courtesy of the State Library of Victoria and the Point Nepean Community Trust.
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Point Nepean quarantine station available for leasehold tourism operators

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The new Stockland boss, Mark Steinert, has shaken up his executive team with the departure of his chief financial officer, Tim Foster, and his head of residential, Mark Hunter and hiring fresh blood.
Steinert has hired Simon Shakesheff, who will join the company in mid-August, in the new position of group executive strategy and stakeholder relations.
Foster will leave the company later this year when a replacement is found.
Shakesheff is an analyst who has advised property groups. Most recently he was managing director at Merrill Lynch’s real estate investment division.
“Having observed Stockland closely over my career, it is a privilege to now be joining the group at this significant time in its history. I look forward to contributing to its future success,” Shakesheff said.
Michael Rosmarin, currently the group executive will take up the role of chief operating officer.
Kingsley Andrew and Andrew Whitson will act as joint interim CEOs.
The move comes ahead of a strategic update on Monday anticipated to change the direction of the company.
Fairfax have reported Steinhert is likely to drop his predecessor’s three ‘r’ focus on residential, retail and retirement, in favour of a focus on medium density residential and retail.
Foster and Hunter were reportedly close allies of former CEO Matthew Quinn, who stood down in July last year following a poor run of earnings.
Goldman Sachs analyst Simon Wheatley says he is suprised by the shake-up.
"In our view, the timing of today's announcement is a surprise in that SGP is poised to provide its 3QFY13 update next Monday, and this is meaningful change amongst senior executives ahead of the update.
"That said, we believe the changes being implemented by the SGP CEO Mark Steinert are a core part of a restructuring of the business, since transitioning into his new role late in November 2012," Wheatley said.

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Stockland executive team shake-up as Tim Foster and Mark Hunter departing

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Sydney house prices have increased more than any other capital city so far this year, rising 2.9% in the year to date, according to RP Data.
It was closely followed by Melbourne at 2.5% so far this year.
Over the last 12 months Perth has increased the most, at 4.8%, but a drop of 1.8% in the last month has put the year to date growth at 2.8%.
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Sydney house price growth greater than other cities this year: RP Data

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Mirvac could pull forward sales and construction at its Harold Park project in Glebe after strong sales from the first two releases, according to a Goldman Sachs report.
Analyst Simon Wheatley’s report on Harold Park says stage 3 could be released ahead of timetable after pre-sales on stage one and two were strong with sales prices “potentially slightly ahead of feasibility”.
The report says around 90% of stage one is sold and 70% of stage two with recent sales numbers accelerating.
<img alt="haroldparkmay8one" height="264" width="470" src="/images/stories/2013/05/haroldparkmay8one.jpg">
“Consequently, we believe that the release of stage 3 could be fast-tracked and may be brought to the market imminently,” Wheatley says.
He says pulling the project forward could result in a plateau in earnings for Mirvac after project completion but they are willing to take the risk because “the ducks are quacking”.
“Demand is strong at Harold Park currently and the release will be timed to meet this demand,” Wheatley says.
<img alt="haroldparkmay8two" height="261" width="470" src="/images/stories/2013/05/haroldparkmay8two.jpg">
He says Mirvac are worried if they don’t pull the project forward they might be left with excess stock if the property market suddenly weakens.
Given the success of the Harold Park and Chatswood Era projects, Wheatley says Mirvac’s profits will likely be higher than previously anticipated.
Wheatley says Mirvac hope to achieve an earnings before interest and taxes figure on the project of more than $200 million.
He puts the total end value of the project, which he was given a tour of by Mirvac, at $1.2 billion.
In March more than 300 people attended the weekend launch of the project in Glebe.
One-bedroom apartments started at $525,000.
<img alt="haroldparkmay8three" height="277" width="470" src="/images/stories/2013/05/haroldparkmay8three.jpg">
There were 27 one-bedders on offer ranging from 50 square metres to 75 square metres; 33 two-bedders (75 to 100 square metres) from $830,000; five three-bedders (105 to 125 square metres) from $1,325,000 and nine three-bed terraces (165 to 180-square metres) from $1.74 million.
The priciest offerings were $1.895 million four-bedroom terraces.
Mirvac is transforming the former Harold Park Paceway into a $1 billion-plus infill housing development.
The Harold Park master plan allows for 1,250 dwellings with a 208,000 square metre network of landscaped parks.
<img src="/images/stories/2013/05/haroldparkmay8four.jpg" width="470" height="161" alt="haroldparkmay8four">
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Mirvac to pull forward Harold Park project sales and construction: Goldman Sachs

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A new voodoo-themed bar is set to launch in a vacant laneway car park in Sydney.
The proprietors of the planned <a target="_blank" href="https://www.hanzic.com.au/103491/972739/home/papa-gedes-bar-sydney-branding-and-typography">Papa Gede bar</a>, have secured a five year lease for a lower ground floor car-park at 207 Clarence Street.
<img height="539" width="400" src="/images/stories/2013/05/papagedemay6one.jpg" alt="papagedemay6one">
The space - located on the lower ground 139 square metre site area - was formerly used by the office tenants to park four cars with storage space and bathing facilities.
<img height="534" width="400" src="/images/stories/2013/05/papagedemay6two.jpg" alt="papagedemay6two">
The leasing agent, John Skufris from <a target="_blank" href="https://www.raywhite.net/?p=7344">Ray White</a>, says the tenants have either started taking public transport or have found other parking.
“The city’s western corridor has proven extremely popular for small bar operators, particularly the precinct bounded by Market, Erskine, George and Kent streets,” Skufris says.
“We received more enquiries for the lower ground floor of 207 Clarence Street from small bar operators than traditional car parking requirements.
“We also received enquiries from prospects including gym, bicycle and wellbeing groups partly due to the availability of weekend building access.”
According to branding of the bar designed by graphic designer Steve Hanzic, drinks will include 'corpse reviver #2', 'death in the afternoon' and 'hangman’s blood'.
<img height="408" width="470" src="/images/stories/2013/05/papagedemay6five.jpg" alt="papagedemay6five">
The building, known as CBD House, has four levels plus a basement area located between King and Market streets. The 109 square metre top floor is up for lease through Ray White.
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Voodoo bar to animate former Clarence Street, Sydney car parking space

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It has only been a week since the Victorian government announced a June 30 deadline on changes to the first-home owner scheme grants but agents have already noticed an uptick in interest on established homes across Victoria.
It's forecast this interest could translate closer to a "mad rush" of buying closer to the deadline.
The Barry Plant Preston office says auctions have performed better after the announcement that the grant would be removed for established homes.
Melbourne buyers agent Frank Valentic suggests the rush is set to come.
The state government last week announced it would remove the first-home owners grant of $7000 on existing homes but would increase the grant to $10,000 for new homes prompting commentators to predict an unhealthy rush to buy established homes.
There will still be a stamp duty discount for all home buyers though, increasing from 30% to 40%.
Barry Plant Preston sold <a target="_blank" href="https://www.realestate.com.au/property-house-vic-preston-113356691">85 Albert Street</a> (pictured below) for $391,000 – well above the pre-auction price guide of $300,000 to $330,000 on the weekend.
<img height="347" width="470" src="/images/stories/2013/05/fhbmay7one.jpg" alt="fhbmay7one">
There were five to six bidders at the auction with agents suggesting buyers were motivated by the first-home owners grant deadline.
Barry Plant last week issued first quarter results showing sales volumes were up 13.8%.
 
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The group says the results are even better than they look as they lost almost an entire week of sales volume due to Easter this year which would normally have put them down 20% rather up 13.8%.
"We are not back in boom-times and in fact we are still travelling below the 2010 figures, however our results are proof that if agents are prepared to work hard they can achieve great results for our clients,” says CEO Mike McCarthy.
"Across the group we have reported an increase in people attending open for inspections, bidding at auction and increased page views on our web advertising, so there are definitely more buyers out there."
Buyers agent Frank Valentic from Advantage Property Consulting says he has had more inquiries from first-home buyers since the announcement.
“We’ve noticed a pick-up in inquiry and at inspections there are more first home buyers. Its already happening. It’s just now seven weeks now,” Valentic told Property Observer.
“People are getting in before the mad rush.”
A two-bedroom unit at <a target="_blank" href="https://www.domain.com.au/Property/For-Sale/Apartment-Unit-Flat/VIC/Richmond/?adid=2010398473">4/31 Mary Street</a> (pictured below) sold for $483,000 after being marketed at $380,000 to $420,000.
<img height="302" width="470" src="/images/stories/2013/05/fhbmay7two.jpg" alt="fhbmay7two">
Valentic says there were five to six bidders at the auction who were mostly first-home buyers.
He warns buyers that while they might capture the $7000 grant before it ends, they shouldn’t get emotional and bid above the value of the house.
“It’s the same as what we saw in 2010 with the last deadline. My advice to first-home buyers is to do your research,” Valentic says.
And there have been big jumps in the median price of houses and units in the cheapest two precincts in Melbourne, according to Australian Property Monitors data.
The median price for units in the north precinct increased from $438,000 last week to $472,500 this week.
And the median price for houses in the west precinct increased from $557,500 last week to $587,000 this week.
 
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Victorian first-home buyer uptick in one week since FHOG deadline announcement

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The Housing Industry Association has ramped up its pre-budget campaign saying high taxes, fees and levies make homes unaffordable as the building industry contracts.
It posted a half page ad (pictured below) in The Australian saying Australia is facing a housing shortage as the less homes are built due to costs being too high.
<img height="640" width="470" src="/images/stories/2013/05/hiaonemay6one.jpg" alt="hiaonemay6one">
The website for its Australia Needs Building campaign says “taxes are the single biggest issue Australians faced when it comes to house affordability.”
The campaign says 150,000 families will miss out on a new home by 2020. It says the industry will build 25,000 fewer homes this year than it did 10 years ago.
Director Shane Goodwin said last week the home building industry needs more support from governments.
“Governments can’t ignore housing any longer. They need to act more constructively, cooperatively and determinedly to meet the housing needs of Australians and their families,” Goodwin said.
“With 2013 being an election year, it is essential that all parties embrace policies that will improve housing affordability and cut through the red and green tape that is strangling new housing development.”
He has yet to suggest what the HIA wants but its campaign details the taxes and levies faced by home-builders in each state.
“Taxes, levies, fees and charges account for 40% of the cost of building a new home. In some housing markets it’s even higher,” its campaign says.
“Tax on new homes in Sydney is 44% of the purchase price, 38% in Melbourne, 36% in Brisbane and 41% in Perth, in Adelaide its 39%.
“This means households will pay an extra $670 per month for the life of a loan, which is the equivalent raising the interest rate on the loan by 5.5%.”
The HIA will further its campaign on May 9, releasing 50 action strategies for housing. 
Shane Goodwin, the managing director is the key note speaker at Thursday's launch.
"We will be releasing 50 policies that run across the economy, taxation, industrial relations and small business red tape," the HIA advised.
The federal budget is announced on Tuesday May 14.
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HIA has 50 action ideas to invigorate the housing industry

<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

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[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

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[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

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[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

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MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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[smartcode_project_cta:default project_id=152737]

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Alistair Walsh

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