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Sydney’s most affordable house to sell at auction was in Long Jetty on the Central Coast, 100 km north of the CBD, for $385,000.
Figures released by APM noted that the 1960s-built three-bedroom house at 50 Stella Street sold through LJ Hooker The Entrance.
The large, level site of 676 square metres is a short stroll to the beach and other local amenities. According to RP Data, it last traded in 1990 for $90,000. 
Figures on the database shows the median house price for Long Jetty in August was $473,000, which is up on the same time last year when it was $420,000.
Capital growth was more than 8% in 2013 for the area while the median rent was $380 a week. This would reflect a yield of more than 5% for an investor. 
A house on a sub-divided block of 338 square metres at 71/17A Stella Street exchanged earlier this year for $410,000.
The record price for the street is $565,000, which was paid last year for a three-bedroom house on 613 square metres at 115 Stella Street.
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andreadixon-oif3j7eKne

Long Jetty secures NSW cheapest auction result

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Sydney’s most expensive property to sell at auction this weekend was in Strathfield, 14 km from the CBD, for $3,005,000. 
According to APM, the newly constructed five-bedroom, four bathrooms house at <a href="https://www.raywhite.com/nsw/strathfield/1192007/" target="_blank">65 Barker Street</a> sold through Ray White Burwood. 
The vendor YK Global Developments bought a red brick knock down on 699 square metres in June last year for $1.310 million and created the new home.
According to figures on RP Data, the record price paid for a house in Strathfield is $6.8 million in a deal that transpired at the start of this year.
The top price for a Barker Road house was recorded last year when another new residence sold for $3.185 million.
The median house price for Strathfield in August this year was $1.937m, a significant rise the median price for August 2013, which was at $1.285 million.
Sydney’s record-breaking early spring home auction market weakened at the weekend reporting its lowest clearance rate for two months, according to Australian Property Monitors.
The 79.3% initial result broke a sequence of nine consecutive weekend rates above 80% when 747 homes were listed to go under the hammer at the weekend, the highest weekend offering since May.
The inner west continued the recent trend of reporting the highest suburban region clearance rate at the weekend with 89 auction sales from 100 reported results for a clearance rate of 89%.
The inner west was again this weekend closely followed by the lower north shore with a clearance rate of 84%.
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Strathfield tops Sydney weekend results as auction clearance rate eases

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The priciest residential property to sell in Melbourne during the weekend was a house in Camberwell, 10 km from the CBD, sold for $3.6 million.
The glamorous five-bedroom, four-bathroom house on 743 square metres at 73 Bowen Street was sold through Bekdon Richards, according to Australian Property Monitors.
In May 2013, the then red brick knock down that was built in 1925 sold for $1.395 million.
About 200 people attended an ­auction to watch some 50 bids made by six ­competing buyers.
The two-storey house features a swimming pool.
James Buyer Advocates reported the auction bidding opened at $2,850,000 then at $3,350,000 and the bid is referred, followed by the announcement the property was on the market. 
The buyer's agency described it as a "really strong result given the street is a B-grader and the land itself was bought in March last year for $1,393,000." 
According to RP Data, the median house price for Camberwell was $1.71 million in August this year. In August 2013 the median price was $1.36 million. 
The last record for the road was set at 84 Bowen Street, which sold earlier this year for $1.775 million.
RP Data reports that Camberwell experience capital growth of 6.6% in 2013.
Melbourne’s weekend home auction market tracked backwards for the second weekend in row as signs emerge of a waning in buyer activity.
Melbourne recorded a weekend clearance rate of 73.8%, which according to APM was the lowest result reported for two months. This weekend’s result followed last weekend’s 75.8% with a falling trend now developing.
APM senior economist Dr Andrew Wilson suggested high auction numbers may be a factor in declining clearance rates with metro Melbourne this weekend hosting 903 auctions - well up on last weekend’s 740 and ahead of the 874 listed over the same weekend last year.
The Melbourne spring market will peak over the pre-Melbourne Cup weekend with an all-time record of over 1500 Saturday auctions due to be conducted in the metro area. 
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Auction success rate wanes as Camberwell tops Melbourne weekend results

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 An apartment in Carnegie, southeast of the Melbourne CBD, was the Victorian capitals’ most affordable residential property to sell at auction this weekend.
The one-bedroom unit at 7/45 Oakleigh Road sold for $270,000 through agency Stuart Hocking Carnegie, according to Australian Property Monitors.
The price guide on the marketing leading up to the auction tipped a top price of $245,000. 
Stylishly fitted out and decorated with flamboyant golden wallpaper and minimalist furniture, the unit is on the top floor of the two-level 1970s-built red brick block.
It is rented for $295 a week reflecting a yield of 5.6% for the investor.
The last time the strata-titled apartment sold was in 2007 for $162,000 andthat deal was exchanged within seven days of listing, according to RP Data.
The median asking rent in Carnegie is $347 a week.
RP Data notes that 143 units in the area have sold this year and the median price paid for an apartment was $406,000 in August 2014. Median growth experienced among units in Carnegie in 2013 was 2.6%.
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Carnegie 5.6% investment rental Melbourne's cheapest weekend sale

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Economic stability and expats pushing back into the prestige markets are helping to resuscitate the luxury residential market.
John McGrath has identified Australia’s economic performance and cashed up expatriates as two of four major themes impacting demand and prices for luxury residential property over the next 12 months.
“Political and economic stability, rising business confidence and increased overseas demand is driving new momentum in prestige property after several years of post GFC stagnation,” he says.
“While luxury property was lagging compared to the rest of the market, there are clear signals that it is stirring from its slumber and we are expecting material price rises above $2 million this year,” McGrath says.
According to RP Data figures, the number of $5 million-plus sales in Sydney was up 13% in the 2014 financial year while $3 million-plus sales in Brisbane shot up by 36%. 
During the same period sales in the nation’s most expensive suburbs started to slightly outpace the lower and middle markets in price growth. 
Price growth was 11% for luxury real estate while the middle market was 10.9% and the lower end 9.2%.
Expats made a return to real estate as the dollar weakened and the market became well supplied, he advised in his Swizter blog.
McGrath believes that China’s impact on property was significant after HSBC found that 18% of new supply in Sydney was purchased by Chinese investors who also claim 14% of Melbourne’s new homes.
Competition between private investors and Self Managed Super Fund (SMSF) investors was also fuelling prices.
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Lagging luxury property market to get expat boost: John McGrath

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Brisbane's most expensive property at weekend residential auction was in a sprawling Queenslander in Hawthorne, in Brisbane’s inner east.
The substantial 1930s-built six-bedroom house at <a href="https://www.realestate.com.au/property-house-qld-hawthorne-117851011" target="_blank">24 Forbes Street</a> sold through McGrath Bulimba for $1.3 million, according to APM.
The 1930s house last sold for $1.14 million in 2008 and prior to that in 2001 for $520,000.
The vendors sought $1.35 million on its 2011 listing.
It was rencetly available for rent at $950 a week reflecting a yield of 3.8%. The asking rental was $1000 in 2012 and $1250 in early 2013. 
The median weekly rental in Hawthorn is $628.
According to RP Data, the median house price in Hawthorne is $1.05 million and growth in value was pegged at 27% in 2013.
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Hawthorne Queenslander tops Brisbane sales

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Adelaide’s most affordable property reported sold at last weekend’s auctions was a three-bedroom house in the south-western suburb of Glengowrie.
Australian Property Monitors reported that the brick and tile 1952-built house at 8 Wilkins Street house sold for $435,000.
It is on a 700 square metre block.
The house last traded in 2009 for $390,000 and it was rented for $330 a week, reflecting a yield of 4.4%.
It most recently rented in 2010 for $310 a week, showing a declining yield of 4.1%.
The median price for a house in Glengowrie is $575,000, which is a jump of nearly $100,000 on the 2013 median house price of $470,000. The current median asking rent in Glengowrie is $400 per week.
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Glengowrie, Adelaide rental yield eases 

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Sydney’s most expensive residential property to sell at auction last weekend was traded for $2.8 million in Sydney’s inner eastern suburb of Woollahra.
The four-bedroom 1920s-built house at 28a View Street last sold in 2010 for $1.66 million as a run down bungalow, according to APM. It was subsequently renovated in the French Provincial-style and sold through McGrath Coogee.
According to RP Data, in January the median house price for Woollahra spiked at $3.65 million – which was the highest monthly figure for several years. 
The annual change in median house price is 2.3%, but over five years it is closer to 20%.
Other recent house sales in the area include $4.175 million in John Street and $3.3 million in Moncur Street. 
The highest price paid in Woollahra in the past 12 months was $14.5 million for 12 Wallaroy Road.
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Woollahra tops Sydney weekend auctions

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Brisbane’s most affordable property to sell at auction last weekend was a two-bedroom townhouse in Woodridge in southeast Queensland.
According to Australian Property Monitors, the two-level 1990-built property at 12/147 Kingston Road sold for $178,000 though Harcourts M1.
The townhouse is now available for rent at $300 a week.
It last traded at $146,900 in 2007.
The new buyers will see a yield of 8.6% if the asking rent is met.
RP Data figures show that the median price for a house in Woodridge is $262,000, while the median price for units is $205,000.
In a separate deal earlier this year another townhouse in the block sold for $198,000 – the top price in the complex - and was subsequently rented for $280 a week reflecting a yield of 7.3%
According to RP Data, the median rental for Woodridge is $260 per week.
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Woodridge price recovery: Brisbane's cheapest auction sale

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Former Cronulla Sharks chairman and rugby league player Glenn Coleman has pocketed millions on his Canterbury development site.
Coleman sold the <a href="https://www.raywhite.com/nsw/canterbury/1163374/" target="_blank">Broughton Street property</a> for $7.5 million having bought it from State Rail for $140,000 in 1992, with added further to the site the following year, paying $265,000. It was sold to a local developer, Buildform.
A 1,405 square metre parcel has development approval from Canterbury Council for a seven-level residential apartment building. The site is adjacent to Canterbury railway station in Sydney’s south-west.
It sold through Marcello Bo and Peter Apostolou from Ray White Project Di by auction at the rooms at AuctionWORKS in the Sydney CBD, in conjunction with Ray White  Commercial NSW Managing Director Jeff Moxham. 
 
David Scholes, founder and principal of auctionWORKS, was presented with the top prize at the Real Estate Institute of NSW’s annual awards for excellence, this month.
 
David Scholes received the Woodrow Weight Award for outstanding service to the industry.
 
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Canterbury development site sold 

<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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“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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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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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.

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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.

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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.

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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.

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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.

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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.

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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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Andrea Dixon

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