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The 10 lowest earning postcodes in Victoria have been revealed by a Property Observer review of the Australian Tax Office's Taxation Statistics 2010-2011 report.
The suburbs with the lowest mean taxable income are rural localities in the east of the state.
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<colgroup>
<col width="64">
<col>
<col width="754">
<col>
<col width="64">
<col>
<col width="145">
<col>
</colgroup>
<tbody>
<tr height="20">
<td width="64" height="20"></td>
<td width="754">Suburbs/Localities</td>
<td width="64">Postcode</td>
<td width="145">Mean Taxable Income ($)</td>
</tr>
<tr height="20">
<td height="20">1</td>
<td>Bellbird Creek/Bemm River/Cabbage Tree Creek/Club Terrace/Combienbar/Errinundra/Manorina</td>
<td><a target="_blank" href="/news">3889</a></td>
<td align="right">23,683</td>
</tr>
<tr height="20">
<td height="20">2</td>
<td>Double Bridges/Stirling/Tambo Crossing</td>
<td><a target="_blank" href="/news">3893</a></td>
<td align="right">24,510</td>
</tr>
<tr height="20">
<td height="20">3</td>
<td>Kinypanial/Korong Vale</td>
<td><a target="_blank" href="/news">3520</a></td>
<td align="right">24,603</td>
</tr>
<tr height="20">
<td height="20">4</td>
<td>Durham Ox</td>
<td><a target="_blank" href="/news">3576</a></td>
<td align="right">25,705</td>
</tr>
<tr height="20">
<td height="20">5</td>
<td>Glenaire/Hordern Vale/Johanna/Lavers Hill</td>
<td><a target="_blank" href="/news">3238</a></td>
<td align="right">25,772</td>
</tr>
<tr height="20">
<td height="20">6</td>
<td>Tempy</td>
<td><a target="_blank" href="/news">3489</a></td>
<td align="right">26,503</td>
</tr>
<tr height="20">
<td height="20">7</td>
<td>Tresco</td>
<td><a target="_blank" href="/news">3583</a></td>
<td align="right">26,517</td>
</tr>
<tr height="20">
<td height="20">8</td>
<td>Koetong</td>
<td><a target="_blank" href="/news">3704</a></td>
<td align="right">26,896</td>
</tr>
<tr height="20">
<td height="20">9</td>
<td>Ada/Baw Baw/Baw Baw Village/Gentle Annie/Icy Creek/Loch Valley/Noojee/Piedmont/Tanjil Bren/Toorongo/Vesper</td>
<td><a target="_blank" href="/news">3833</a></td>
<td align="right">27,420</td>
</tr>
<tr height="20">
<td height="20">10</td>
<td>Gladfield/Jungaburra/Loddon Vale/Mincha/Mologa/Pyramid Hill/Sylvaterre/Terrick Terrick/Yarrawalla</td>
<td><a target="_blank" href="/news">3575</a></td>
<td align="right">27,782</td>
</tr>
</tbody>
</table>
</body></html>

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Bellbird Creek ranks as lowest earning postcode in Victoria dominated eastern rural localities

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New South Wales' lowest earning postcodes have been revealed by a Property Observer review of the Australian Tax Office's Taxation Statistics 2010-2011 report.
The list is populated primarily by rural localities with two student dominated university postcodes making the list. 
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<col width="64">
<col>
<col>
<col>
<col width="446">
<col>
<col>
<col>
<col width="64">
<col>
<col>
<col>
<col width="145">
<col>
<col>
<col>
</colgroup>
<tbody>
<tr height="20">
<td width="64" height="20"></td>
<td width="446">Suburbs/Localities</td>
<td width="64">Postcode</td>
<td width="145">Mean Taxable Income ($)</td>
</tr>
<tr height="20">
<td height="20">1</td>
<td>Gwabegar</td>
<td><a target="_blank" href="/news">2356</a></td>
<td align="right">22,993</td>
</tr>
<tr height="20">
<td height="20">2</td>
<td>Delungra/Gragin/Myall Creek</td>
<td><a target="_blank" href="/news">2403</a></td>
<td align="right">23,768</td>
</tr>
<tr height="20">
<td height="20">3</td>
<td>Perisher Valley</td>
<td><a target="_blank" href="/news">2624</a></td>
<td align="right">24,221</td>
</tr>
<tr height="20">
<td height="20">4</td>
<td>Norfolk Island</td>
<td><a target="_blank" href="/news">2899</a></td>
<td align="right">24,350</td>
</tr>
<tr height="20">
<td height="20">5</td>
<td>Ashford/Atholwood/Bonshaw/Limestone/Pindaroi</td>
<td><a target="_blank" href="/news">2361</a></td>
<td align="right">25,368</td>
</tr>
<tr height="20">
<td height="20">6</td>
<td>Aberdeen/Baker's Creek/Bundarra/Camerons Creek</td>
<td><a target="_blank" href="/news">2359</a></td>
<td align="right">25,556</td>
</tr>
<tr height="20">
<td height="20">7</td>
<td>UNSW Sydney</td>
<td><a target="_blank" href="/news">2052</a></td>
<td align="right">26,246</td>
</tr>
<tr height="20">
<td height="20">8</td>
<td>Callaghan/Newcastle University</td>
<td><a target="_blank" href="/news">2308</a></td>
<td align="right">26,720</td>
</tr>
<tr height="20">
<td height="20">9</td>
<td>Koraleigh</td>
<td><a target="_blank" href="/news">2735</a></td>
<td align="right">27,551</td>
</tr>
<tr height="20">
<td height="20">10</td>
<td>Speewa</td>
<td><a target="_blank" href="/news">2371</a></td>
<td align="right">28,033</td>
</tr>
</tbody>
</table>
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Student dominated university postcodes sits amid lowest earning postcodes in NSW

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Victoria's highest earning suburbs have been revealed by a Property Observer review of the Australian Tax Office's Taxation Statistics 2010-2011 report.
Toorak predictably tops the list. There were two postcodes not within Melbourne - they encompassed Flinders, Wye River and Wongarra.
<table cellpadding="0" cellspacing="0" border="0" style="width: 470px;">
<colgroup>
<col width="64">
<col>
<col width="446">
<col>
<col width="64">
<col>
<col width="145">
<col>
</colgroup>
<tbody>
<tr height="20">
<td width="64" height="20"></td>
<td width="446">Suburbs</td>
<td width="64">Postcode</td>
<td width="145">Mean Taxable Income ($)</td>
</tr>
<tr height="20">
<td height="20">1</td>
<td>Hawksburn/Toorak</td>
<td><a target="_blank" href="/news">3142</a></td>
<td align="right">145,580</td>
</tr>
<tr height="20">
<td height="20">2</td>
<td>Portsea</td>
<td><a target="_blank" href="/news">3944</a></td>
<td align="right">133,605</td>
</tr>
<tr height="20">
<td height="20">3</td>
<td>Brighton/Brighton North/Dendy</td>
<td><a target="_blank" href="/news">3186</a></td>
<td align="right">110,462</td>
</tr>
<tr height="20">
<td height="20">4</td>
<td>Albert Park/Middle Park</td>
<td><a href="/news">3206</a></td>
<td align="right">108,833</td>
</tr>
<tr height="20">
<td height="20">5</td>
<td>Kooyong/Malvern/Malvern North</td>
<td><a target="_blank" href="/news">3144</a></td>
<td align="right">105,932</td>
</tr>
<tr height="20">
<td height="20">6</td>
<td>Camberwell East/Canterbury</td>
<td><a target="_blank" href="/news">3126</a></td>
<td align="right">102,204</td>
</tr>
<tr height="20">
<td height="20">7</td>
<td>East Melbourne</td>
<td><a target="_blank" href="/news">3002</a></td>
<td align="right">99,281</td>
</tr>
<tr height="20">
<td height="20">8</td>
<td>Flinders</td>
<td><a target="_blank" href="/news">3929</a></td>
<td align="right">92,589</td>
</tr>
<tr height="20">
<td height="20">9</td>
<td>South Yarra</td>
<td><a target="_blank" href="/news">3141</a></td>
<td align="right">92,032</td>
</tr>
<tr height="20">
<td height="20">10</td>
<td>Wye River/Wongarra</td>
<td><a target="_blank" href="/news">3234</a></td>
<td align="right">91,089</td>
</tr>
</tbody>
</table>
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At $145,000-plus incomes, Hawksburn and Toorak top Victoria's highest earning postcodes

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The Australian Tax Office has released detailed data from the 2010-2011 financial year. Property Observer has reviewed the taxation statistics report to find the ten highest earning postcodes in New South Wales.
<table style="width: 470px;" cellspacing="0" cellpadding="0" border="0">
<colgroup>
<col width="64">
<col width="446">
<col width="64">
<col width="142">
</colgroup>
<tbody>
<tr height="20">
<td width="64" height="20"></td>
<td width="446">Suburbs/Localities</td>
<td width="64">Postcode</td>
<td width="142">Mean taxable income ($)</td>
</tr>
<tr height="20">
<td height="20">1</td>
<td>Darling Point/Edgecliff/Point Piper/HMAS Rushcutters</td>
<td><a href="/news">2027</a></td>
<td align="right">170,114</td>
</tr>
<tr height="20">
<td height="20">2</td>
<td>Mosman/Spit Junction</td>
<td><a href="/news">2088</a></td>
<td align="right">136,751</td>
</tr>
<tr height="20">
<td height="20">3</td>
<td>Hunters Hill/Woolwich</td>
<td><a href="/news">2110</a></td>
<td align="right">136,550</td>
</tr>
<tr height="20">
<td height="20">4</td>
<td>Dover Heights/HMAS Watson/Rose Bay North/Vaucluse/Watsons Bay</td>
<td><a href="/news">2030</a></td>
<td align="right">133,892</td>
</tr>
<tr height="20">
<td height="20">5</td>
<td>Bellevue Hill</td>
<td><a href="/news">2023</a></td>
<td align="right">130,503</td>
</tr>
<tr height="20">
<td height="20">6</td>
<td>Northbridge</td>
<td><a target="_blank" href="/news">2063</a></td>
<td align="right">122,075</td>
</tr>
<tr height="20">
<td height="20">7</td>
<td>Woollahra</td>
<td><a target="_blank" href="/news">2025</a></td>
<td align="right">119,946</td>
</tr>
<tr height="20">
<td height="20">8</td>
<td>Coasters Retreat/Great Mackeral Beach/ Palm Beach</td>
<td><a href="/news">2108</a></td>
<td align="right">110,066</td>
</tr>
<tr height="20">
<td height="20">9</td>
<td>Double Bay</td>
<td><a href="/news">2028</a></td>
<td align="right">108,807</td>
</tr>
<tr height="20">
<td height="20">10</td>
<td>East Killara/Killara</td>
<td><a href="/news">2071</a></td>
<td align="right">103,254</td>
</tr>
</tbody>
</table>
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Postcode 2027 tops New South Wales' 10 highest earning suburbs

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Five localities in Tasmania had median price increases above 20% for the March quarter, according to the Real Estate Institute of Tasmania.
The median house price in East Devonport grew 38% over the March quarter to $248,750 though there were only eight sales recorded by the REIT.
Prices in Legana increased 23.1%, 22.9% Ranelagh, 20.8% in Scottsdale and 20.4% in Mornington.
REIT president Adrian Kelly says after ending 2012 on such a positive note, house sales for Tasmania levelled out recording a 0.2% increase for the March quarter.
The top five most expensive suburbs were Acton Park, Mount Nelson, Sandy Bay, Seven Mile Beach and Kettering, while the top five most affordable suburbs were Queenstown, George Town, Smithton, Shorewell Park and Acton.
<img alt="tasmaniaapril30chartone" src="/images/stories/2013/04/tasmaniaapril30chartone.jpg" width="470" height="251">
 
<img alt="tasmaniaapril30charttwo" src="/images/stories/2013/04/tasmaniaapril30charttwo.jpg" width="470" height="190">
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Top 10 price growth localities in Tasmania

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Lend Lease has sold 75% of the first stage of its redevelopment of the former channel nine studios in Richmond Victoria.
Construction is underway at the site, which is the former home of the Heinz factory and a piano factory.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/04/studionineapril29one.jpg" alt="studionineapril29one" width="470" height="298">
Lend Lease says the 27 freehold townhouse properties have sold well and are now under construction and due to be completed in September 2013.
Lend Lease’s Ben Coughlan says there has been a strong uptake from the local owner occupier market since the development launched.
“While the project overall has appealed to a broad demographic, we have seen a number of young families purchase the larger townhouse product as a unique inner city family home,” Coughlan says.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/04/studionineapril29two.jpg" alt="studionineapril29two" width="470" height="257">
Lend Lease say that there is approximately a 50-50 split between investors and owner occupiers in the development.
Construction has also started on the first release of the apartments in the development.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/stories/2013/04/studionineapril29three.jpg" alt="studionineapril29three" width="470" height="260">
On completion, Studio Nine will also comprise new public open space, a small retail offering, on-site community facilities and extensive landscaped gardens.
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Lend Lease's Studio Nine split evenly between investors and owner-occupiers as construction continues

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Leading Sydney estate agent John McGrath says Brisbane buyers are increasingly swayed by the proximity of cafe culture to potential properties.
He says the desire for the cafe lifestyle is one the strongest trends attracting buyers.
“While affordability will always be a factor in our property decisions, lifestyle is the fundamental key in our marketplace today,” McGrath wrote on Switzer.
He says cafe culture is an affordable alternative to beach culture traditionally sought after by buyers.
He quotes statistics which says over-65s are leading the trend towards spending more time in cafes. They have doubled the visits they make to cafes since 2008. Next is the under-25s who have increased their visits by a third.
“Given the strength of this trend, it’s no wonder that properties within walking distance of the local café village are increasingly on buyers’ ‘must have’ lists.,” McGrath wrote.
“I think this is particularly so among buyers living on their own in smaller properties. Living alone is a growing trend in Australia and the opportunity to stroll up the road to visit their favourite café for a coffee or a meal is particularly important to them.”
He gives a list of nine areas in Brisbane sought after by buyers seeking a cafe culture.
He recently opened up his <a href="https://www.propertyobserver.com.au/industry-news/mcgrath-estate-agents-opens-another-brisbane-office/2013022559555" target="_blank">fourth McGrath Brisbane office</a> in nine months. Three of his strategically position office locations actually feature on his Brisbane hotspot list.
<a target="_blank" href="/news">The Valley</a>
<a target="_blank" href="/news">Kelvin Grove</a>
<a target="_blank" href="/news">Ascot &amp; Hamilton</a>
<a target="_blank" href="/news">New Farm</a>
<a target="_blank" href="/news">Bulimba &amp; Bayside</a>
South Bank
<a target="_blank" href="/news">West End</a>
<a target="_blank" href="/news">Toowong</a>/<a target="_blank" href="/news">St Lucia</a>/<a target="_blank" href="/news">Chapel Hill</a>
<a target="_blank" href="/news">Paddington</a>/<a target="_blank" href="/news">Rosalie</a>/<a target="_blank" href="/news">Milton</a>
He also published a list of <a href="https://www.propertyobserver.com.au/hotspots/john-mcgraths-nine-cafe-society-home-buying-hotspots/2013042960823?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news" target="_blank">Sydney cafe culture hotspots</a>.
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John McGrath’s nine cafe culture home hotspots in Brisbane

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Leading Sydney estate John McGrath says nearby cafe culture is one of the major factors affecting home buyers.
He says the desire for the cafe lifestyle is one the strongest trends attracting buyers.
He quotes statistics which says over-65s are leading the trend towards spending more time in cafes. They have doubled the visits they make to cafes since 2008. Next is the under-25s who have increased their visits by a third.
“Given the strength of this trend, it’s no wonder that properties within walking distance of the local café village are increasingly on buyers’ ‘must have’ lists.,” McGrath wrote on Switzer.
“I think this is particularly so among buyers living on their own in smaller properties. Living alone is a growing trend in Australia and the opportunity to stroll up the road to visit their favourite café for a coffee or a meal is particularly important to them.”
He gives a list of nine areas in Sydney sought after by buyers seeking a cafe culture.
<a target="_blank" href="/news">Lane Cove</a>
<a target="_blank" href="/news">Elizabeth Bay</a>/<a target="_blank" href="/news">Potts Point</a>
<a target="_blank" href="/news">Mosman</a>/<a target="_blank" href="/news">Neutral Bay</a>
<a target="_blank" href="/news">Manly</a>
<a target="_blank" href="/news">Bondi Beach</a>
<a target="_blank" href="/news">Paddington</a>/<a target="_blank" href="/news">Woollahra</a>
<a target="_blank" href="/news">Surry Hills</a>/<a target="_blank" href="/news">Redfern</a>
<a target="_blank" href="/news">Newtown</a>/<a target="_blank" href="/news">Erskineville</a>
<a target="_blank" href="/news">Leichhardt</a>/<a target="_blank" href="/news">Annandale</a>
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John McGrath’s nine cafe society home buying hotspots in Sydney

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House prices in Hobart fell 1.4% over the last quarter as the number of sales dropped 4.6%, according to the Real Estate Institute of Tasmania.
The median house price drop was most strongly felt in the outer suburbs where prices fell 8% to $322,000. Sale numbers dropped 4.5% to 107 sales.
Inner Hobart house prices increased by just 0.1% to $455,000, but sales numbers dropped 9.1% to 130.
Middle Hobart house prices increased 5.2% to $326,000 as sales figures dropped 1.5% to 202.
For other dwellings prices increased 1% across Hobart over the quarter while sales numbers dropped 1.7%.
Middle Hobart had a surge in sales of other dwellings, up 34% to 63 sales. Median prices slipped 1.3% to $265,000.
Strong gains in prices for other dwellings were felt in outer Hobart where median prices increased 9.4% to $290,000 though sales numbers dropped 29.6% to 19 sales.
And in Inner Hobart, other dwellings increased in price by 4.7% to $335,000. Sales numbers dropped 21.7% to 36 sales.
Most buyers in Tasmania over the quarter were 2nd home buyers, making up 56% of sales. This was followed by first home buyers at 19% and investors at 12%. There were just 4 developer sales recorded by the REIT.
<img alt="hobartapril29onethumb" height="74" width="470" src="/images/stories/2013/04/hobartapril29onethumb.gif">
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Hobart house prices slip 1.4% over the March quarter

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The Victorian state government has significantly expanded and increased its levy on car parks in Melbourne’s CBD.
The levy has increased 37% from $950 per year to $1300 per year and will now include short-term parking-bays for the first time.
The levy previously only applied to long-term or all-day parking slots.
Residential, hospital, disabled and charity parking spaces are exempt from the levy.
It now covers an estimated 60,000 parking spaces.
The changes should increase revenue from the tax from $46.8 million in the 2013 financial year to about $91 million in the 2014 financial year.
The government said it will fund further investment in public transport infrastructure.
“The Coalition Government has already announced more than $300 million of new investment in public transport projects in this year’s Budget,” treasuer Michael O’Brien said.

“We can only afford to invest in new trains, level crossing upgrades and new stations through responsible economic management."

Car park operators have said they will pass on the fee to customers but Victorian state treasurer Michael O'Brien says  it would be the equivalent of less than $1 a day extra per space.
Sydney’s parking levy is $2160 per year per space, the result of a 2009 budget decision by the Nathan Rees Labour Government which doubled the then levy from $950 to to $2000 a year. 
The NSW  Government levy is charged to car-park owners for every off-street space within the central business district, Milsons Point and North Sydney that is not used for residential purposes.
The Victorian levy was introduced by the Steve Bracks government in 2005 to discourage driving into the city. The Coalition, then in opposition, describing it as a "flat-out tax grab".
Tony Crabb from Savills, told the The Australian Financial Review the changes would not deter commercial property construction in Melbourne, but it was unwelcome.
“Every time the budget is under a bit of strain you go back to commercial property?.?.?.?it’s very cynical,” he said.
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Melbourne CBD drivers hit with parking levy increase

<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.

&nbsp;

[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.

&nbsp;

[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.

&nbsp;

[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.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

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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