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The five postcodes in South Australia with the highest number of mortgage arrears, by total number, according to Fitch Ratings, are: 
5108 PARALOWIE, SALISBURY, SALISBURY DOWNS, SALISBURY NORTH, SALISBURY NORTH WHITES ROAD
5169 MOANA, SEAFORD, SEAFORD HEIGHTS, SEAFORD MEADOWS, SEAFORD RISE
5114 ANDREWS FARM, BLAKEVIEW, CRAIGMORE, GOULD CREEK, HUMBUG SCRUB, ONE TREE HILL, SAMPSON FLAT, SMITHFIELD, SMITHFIELD PLAINS, SMITHFIELD WEST, ULEYBURY, YATTALUNGA
5109 BRAHMA LODGE, SALISBURY EAST, SALISBURY EAST NORTHBRI AVE, SALISBURY HEIGHTS, SALISBURY PARK, SALISBURY PLAIN
5092 MODBURY, MODBURY HEIGHTS, MODBURY NORTH, MODBURY NORTH
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The five worst postcodes in South Australia for the number of mortgage arrears: Fitch Ratings

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The top 10 worst postcodes in Victoria for mortgage arrears, by total number, according to Fitch Ratings, are: 
3214 CORIO, NORLANE, NORTH SHORE
3024 MAMBOURIN, MOUNT COTTRELL, WYNDHAM VALE
3337 KURUNJANG, MELTON, MELTON WEST, TOOLERN VALE
3064 CRAIGIEBURN, DONNYBROOK, KALKALLO, MICKLEHAM, ROXBURGH PARK
3940 RYE, ST ANDREWS BEACH, TOOTGAROOK
3212 AVALON, LARA, POINT WILSON
3844 BLACKWARRY, CALLIGNEE, CALLIGNEE NORTH, CALLIGNEE SOUTH, CARRAJUNG, CARRAJUNG LOWER, CARRAJUNG SOUTH, FLYNN, FLYNNS CREEK, KOORNALLA, LOY YANG, MOUNT TASSIE, TRARALGON, TRARALGON EAST, TRARALGON SOUTH, TYERS
3023 BURNSIDE, BURNSIDE HEIGHTS, CAIRNLEA, CAROLINE SPRINGS, DEER PARK, DEER PARK NORTH, RAVENHALL
3047 BROADMEADOWS, DALLAS, JACANA
3806 BERWICK, HARKAWAY
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The 10 worst postcodes in Victoria for number of mortgage arrears: Fitch Ratings

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The worst 10 postcodes for mortgage delinquencies, by total number, according to Fitch Ratings, are: 
2262 BLUE HAVEN, BUDGEWOI, BUDGEWOI PENINSULA, BUFF POINT, COLONGRA, DOYALSON, DOYALSON NORTH, HALEKULANI, SAN REMO
2558 EAGLE VALE, ESCHOL PARK, KEARNS
2325 ABERDARE, ABERNETHY, BELLBIRD, BELLBIRD HEIGHTS, CEDAR CREEK, CESSNOCK, CESSNOCK WEST, CONGEWAI, CORRABARE, ELLALONG, ELRINGTON, GRETA MAIN, KEARSLEY, KITCHENER, LAGUNA, LOVEDALE, MILLFIELD, MORUBEN, MOUNT VIEW, NULKABA, OLNEY, PAXTON, PAYNES CROSSING,
2315 CORLETTE, FINGAL BAY, NELSON BAY, SHOAL BAY
2168 ASHCROFT, BUSBY, CARTWRIGHT, GREEN VALLEY, HECKENBERG, HINCHINBROOK, MILLER, SADLEIR
2171 CARNES HILL, CECIL HILLS, ELIZABETH HILLS, HORNINGSEA PARK, HOXTON PARK, LEN WATERS ESTATE, MIDDLETON GRANGE, WEST HOXTON
2749  CASTLEREAGH, CRANEBROOK
2564 GLENQUARIE, LONG POINT, MACQUARIE FIELDS
2322 BERESFIELD, BLACK HILL, CHISHOLM, HEXHAM, LENAGHAN, STOCKRINGTON, TARRO, THORNTON, TOMAGO, WOODBERRY
2766 EASTERN CREEK, ROOTY HILL
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The 10 worst NSW postcodes by number of mortgage arrears: Fitch Ratings

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The seven postcodes in Western Australia with the highest number of mortgage arrears, according to Fitch Ratings, are:
6168 COOLOONGUP, EAST ROCKINGHAM, GARDEN ISLAND, HILLMAN, PERON, ROCKINGHAM, ROCKINGHAM BEACH, ROCKINGHAM DC
6064 ALEXANDER HEIGHTS, GIRRAWHEEN, KOONDOOLA, MARANGAROO
6167 ANKETELL, BERTRAM, CALISTA, CASUARINA, KWINANA BEACH, KWINANA TOWN CENTRE, MANDOGALUP, MEDINA, ORELIA, PARMELIA, POSTANS, THE SPECTACLES, WANDI
6210 COODANUP, DUDLEY PARK, ERSKINE, FALCON, GREENFIELDS, HALLS HEAD, MADORA BAY, MANDURAH, MANDURAH DC, MANDURAH EAST, MANDURAH NORTH, MEADOW SPRINGS, SAN REMO, SILVER SANDS, WANNANUP
6059 DIANELLA
6110 GOSNELLS, HUNTINGDALE, MARTIN, SOUTHERN RIVER
6169 SAFETY BAY, SHOALWATER, WAIKIKI, WARNBRO
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The seven worst postcodes for number of mortgage arrears in WA: Fitch Ratings

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The worst 10 postcodes in Queensland for the number of mortgage delinquencies, according to Fitch Ratings, are: 
4217 BENOWA, BUNDALL, BUNDALL BC, BUNDALL DC, CHEVRON ISLAND, GOLD COAST MC, ISLE OF CAPRI, MAIN BEACH, SURFERS PARADISE
4132 CRESTMEAD, MARSDEN
4285 ALLENVIEW, BEAUDESERT, BIRNAM, BROMELTON, CAINBABLE, CEDAR GROVE, CEDAR VALE, CHINGHEE CREEK, CHRISTMAS CREEK, CRYNA, DARLINGTON, GLENEAGLE, HILLVIEW, INNISPLAIN, JOSEPHVILLE, KAGARU, KERRY, KNAPP CREEK, KOORALBYN, LAMINGTON, LARAVALE, MOUNT GIPPS, MUNDOO
4212 HELENSVALE, HELENSVALE TOWN CENTRE, HOPE ISLAND, SANCTUARY COVE
4301 COLLINGWOOD PARK, REDBANK, REDBANK PLAINS
4815 CONDON, GRANITE VALE, GUMLOW, KELSO, PINNACLES, RASMUSSEN
4280 JIMBOOMBA, NORTH MACLEAN, SOUTH MACLEAN, STOCKLEIGH
4505 BURPENGARY, BURPENGARY DC, BURPENGARY EAST
4300 AUGUSTINE HEIGHTS, BELLBIRD PARK, BROOKWATER, CAMIRA, CAROLE PARK, GAILES, GOODNA, SPRINGFIELD, SPRINGFIELD CENTRAL, SPRINGFIELD LAKES
4127 DAISY HILL, PRIESTDALE, SLACKS CREEK, SPRINGWOOD
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The top 10 postcodes in Queensland by total number of mortgage arrears: Fitch Ratings

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<img src="/images/stories/2012/08/6point01percent.gif">
The median rental yield for units in Darwin, according to Residex. The median unit rental is $470 a week, which is up 8.05% on a year ago.
 
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<img src="/images/stories/2012/08/5point94percent.gif">
The median rental yield for units in Canberra, according to Residex. The median unit rental is $485 a week, which is up 10.23% on a year ago. 
 
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<img src="/images/stories/2012/08/5point92percent.gif">
The median rental yield for units in Hobart, according to Residex. The median unit rental is $295 a week, which is up 11.32% on a year ago.
 
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<img src="/images/stories/2012/08/5point56percent.gif">
The median rental yield for units in Brisbane, according to Residex. The median unit rental is $375 a week, which is up 7.14% on a year ago.
 
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<img src="/images/stories/2012/08/5point51percent.gif">
The median rental yield for units in Sydney, according to Residex. The median unit rental is $515 a week, which is up 13.19% on a year ago.
 
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<img src="/images/stories/2012/08/5point42percent.gif">
The median rental yield for units in Perth, according to Residex. The median unit rental is $445 a week, which is up 20.27% on a year ago.
 
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<img src="/images/stories/2012/08/5point22percent.gif">
The median rental yield for units in Adelaide, according to Residex. The median unit rental is $300 a week, which is up 3.45% on a year ago.
 
 
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<img src="/images/stories/2012/08/4point79percent.gif">
The median rental yield for units in Melbourne, according to Residex. The median unit rental is $395 a week, which is up 9.72% on a year ago.
 
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<img src="/images/stories/2012/08/5point40percent.gif">
 
The median rental yield for units across Australia, according to Residex. The median unit rental is $415 a week, which is up 15.28% on a year ago.
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Darwin providing the highest rental returns for unit investors: Residex state-by-state analysis

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This week's top sale was a four-bedroom Castle Cove house that sold for $4,075,000 at its weekend auction.
The Marston Architects-designed property was the subject of a hotly contested bidding war between two bidders, who pushed the price up from $3.6 million to its sale price.
The 2010-built house was sold by Adam First National agent Neil Adam in conjunction with LJ Hooker agent Heidi King. Adam describes it in its marketing as a "symphony of style and creative design". 
1. <a href="https://www.myrp.com.au/n/115-neerim-road-castle-cove-nsw-2069/myrp-490?propertyId=1774742">115 Neerim Road, Castle Cove, NSW, 2069</a>, four-bedroom house, sold at auction on August 18 by Adam First National for $4.075 million
2. <a href="https://www.myrp.com.au/n/7-davidson-avenue-warrawee-nsw-2074/myrp-490?propertyId=7311958">7 Davidson Avenue, Warrawee, NSW, 2074</a>, five-bedroom house, sold prior to auction on August 16 by L J Hooker Wahroonga for $3 million
3. <a href="https://www.myrp.com.au/n/26-bangalla-street-warrawee-nsw-2074/myrp-490?propertyId=7311244">26 Bangalla Street, Warrawee, NSW, 2074</a>, six-bedroom house, sold at auction on August 16 by L J Hooker Wahroonga for $2.5 million
4. <a href="https://www.myrp.com.au/n/5a-fortescue-street-chiswick-nsw-2046/myrp-490?propertyId=1854960">5A Fortescue Street, Chiswick, NSW, 2046</a>, four-bedroom house, sold at auction on August 18 by McGrath Estate Agents for $2.25 million
5. <a href="https://www.myrp.com.au/n/3-pine-avenue-camberwell-vic-3124/myrp-490?propertyId=10224553">3 Pine Avenue, Camberwell, VIC, 3124</a>, four-bedroom house, sold at auction on August 18 by Marshall White &amp; Co for $2.01 million
6. <a href="https://www.myrp.com.au/n/28-jackson-street-balgowlah-nsw-2093/myrp-490?propertyId=1222684">28 Jackson Street, Balgowlah, NSW, 2093</a>, five-bedroom house, sold prior to auction on August 17 by Belle Property Manly for $1.785 million
7. <a href="https://www.myrp.com.au/n/7-mooramie-avenue-kensington-nsw-2033/myrp-490?propertyId=3291921">7 Mooramie Avenue, Kensington, NSW, 2033</a>, four-bedroom house, sold at auction on August 18 by N G Farah for $1.782 million
8. <a href="https://www.myrp.com.au/n/7-sandpiper-place-kenthurst-nsw-2156/myrp-490?propertyId=14194683">7 Sandpiper Place, Kenthurst, NSW, 2156</a>, five-bedroom house, sold on August 14 by Rance Blamey Real Estate for $1.74 million
9. <a href="https://www.myrp.com.au/n/8-stirgess-avenue-curl-curl-nsw-2096/myrp-490?propertyId=2045057">8 Stirgess Avenue, Curl Curl, NSW, 2096</a>, four-bedroom house, sold prior to auction on August 18 by McGrath Estate Agents for $1.7 million
10. <a href="https://www.myrp.com.au/n/11-vears-road-ashburton-vic-3147/myrp-490?propertyId=9363102">11 Vears Road, Ashburton, VIC, 3147</a>, four-bedroom house, sold at auction on August 18 by Marshall White &amp; Co for $1.64 million
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Castle Cove pips two Warrawee homes to claim week's top sale: RP Data

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<img src="/images/stories/2012/08/3point95percent.gif">
 
The rental yield for houses in Melbourne, according to Residex. The median house rent is $420 per week, and this is up 10.53% from the same time last year.


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<img src="/images/stories/2012/08/4point36percent.gif">
The rental yield for houses in Sydney, according to Residex. The median house rent is $555 per week, and this is up 5.71% from the same time last year.


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<img src="/images/stories/2012/08/4point66percent.gif">
The rental yield for houses in Adelaide, according to Residex. The median house rent is $350 per week, and this is up 4.48% from the same time last year.


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<img src="/images/stories/2012/08/4point92percent.gif">
The rental yield for houses in Perth, according to Residex. The median house rent is $450 per week, and this is up 15.38% from the same time last year.


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<img src="/images/stories/2012/08/5point15percent.gif">
 
The rental yield for houses in Canberra, according to Residex. The median house rent is $525 per week, and this is up 9.38% from the same time last year.
 
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<img src="/images/stories/2012/08/5point19percent.gif">
The rental yield for houses in Hobart, according to Residex. The median house rent is $340 per week, and this is down 2.86% from the same time last year.
 


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<img src="/images/stories/2012/08/5point21percent.gif">
 
The rental yield for houses in Brisbane, according to Residex. The median house rent is $425per week, and this is up 10.39% from the same time last year.


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<img src="/images/stories/2012/08/5point65percent.gif">
The rental yield for houses in Darwin, according to Residex. The median house rent is $560 per week, and this is up 7.69% from the same time last year.
 
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<img src="/images/stories/2012/08/4point9percent.gif">
The rental yield for houses Australia-wide, according to Residex. The median house rent is $405 per week, and this is up 8% from the same time last year.
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Melbourne's 3.95% is lowest of capital city house rental yields: Residex state-by-state analysis

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<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/one-of-harry-m-miller-s-hand-me-downs-%E2%80%93-a-1920s-f-glynn-gilling-woollahra-manor-home-%E2%80%93-listed-for-sale/2012081355939"><img src="/images/stories/2012/08/6mplus.gif"></a>
The<a target="_blank" href="https://www.propertyobserver.com.au/new-south-wales/one-of-harry-m-miller-s-hand-me-downs-%E2%80%93-a-1920s-f-glynn-gilling-woollahra-manor-home-%E2%80%93-listed-for-sale/2012081355939"> price hopes for a 1927 Woollahra manor home </a>last sold in 1968 by the entreprenuer Harry M Miller. The F. Glynn Gilling-designed house, which sits on 1,365 square metres, was built for Justice Allen Maxwell and his wife, Sadie.
 
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<a href="https://www.propertyobserver.com.au/residential/top-10-cheapest-studios-apartments-in-the-melbourne-cbd-starting-frrom-%24145000/2012081255753" target="_blank"><img src="/images/stories/2012/08/145k.gif"></a>
The <a href="https://www.propertyobserver.com.au/residential/top-10-cheapest-studios-apartments-in-the-melbourne-cbd-starting-frrom-%24145000/2012081255753" target="_blank">price of the cheapest studio apartment in the Melbourne CBD</a> recently for sale. The Flinders Street studio sold to an investor in the last couple of weeks.
 
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<a href="https://www.propertyobserver.com.au/landlords/low-yields-for-bondi-beach-house-investors-in-the-top-50-rp-data-suburbs-list/2012081255933" target="_blank"><img src="/images/stories/2012/08/3point7percent.gif"></a>
The <a href="https://www.propertyobserver.com.au/landlords/low-yields-for-bondi-beach-house-investors-in-the-top-50-rp-data-suburbs-list/2012081255933" target="_blank">average rental yield for houses  in Bondi Beach,</a> according to RP Data. Bondi Beach has the highest median price – and one of the lowest yields for houses – among the most active rental suburbs across Australia.
 
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<a href="https://www.propertyobserver.com.au/trends/australian-mining-project-investment-to-peak-in-2014-anz/2012081255962" target="_blank"><img src="/images/stories/2012/08/75percent.gif"></a>
The <a href="https://www.propertyobserver.com.au/trends/australian-mining-project-investment-to-peak-in-2014-anz/2012081255962" target="_blank">percentage of investment in mining infrastructure in the next two years that will be invested in Queensland and Western Australia</a>, according to ANZ.  ANZ forecasts mining projects to peak at around $37 billion in 2014 in its August Major Projects report.
 
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<a href="/news"><img src="/images/stories/2012/08/5point5m.gif"></a>
The <a href="/news">sale price for a brand-new Nicholas Day-designed property</a> on Cole Court, Toorak, which was the highest sale of the week.
 
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<a target="_blank" href="/news"><img src="/images/stories/2012/08/67percent.gif"></a>
<a target="_blank" href="/news">The fall in profits in the past 12 months for listed office and industrial property developer Dexus.</a> Dexus reported annual statutory profits of $181.1 million for the 12 months to June 30, compared with profits for the previous period of $553 million.
 
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<a href="/news"><img src="/images/stories/2012/08/19percent.gif"></a>
The <a href="/news">fall in mortgage enquiries from first-home buyers in July compared with June</a>, according to mortgage broker Loan Market. This decline may confirm what some market commentators have suggested: that the ending of generous first-home buyer schemes in four states and territories artificially pulled forward demand and could result in a  decline in first-home buyer numbers in the months that follow.
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The 7 must-know numbers of the week, starting with the price hopes for Harry M Miller's former Woollahra manor home

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9 Cooloola Avenue, Lennox Head, NSW 2478
<img src="/images/stories/2012/08/lennox.jpg">
The tenants of this four-bedroom Lennox Head house are paying $490 per week and are on a month-to-month lease. Listing agent Lois Buckett of Lois Buckett Real Estate says they are keen to stay on, but that the property could possibly rent for as much as $510 per week. The property is 664 square metres and is close to schools, the town cente, the beach and a lake.
Buckett<a href="https://www.ljhooker.com.au/JN5F8B" target="_blank"> </a><a href="https://www.loisbuckett.com.au/buying/NSW/Northern-Rivers/Lennox-Head/House/1P0340" target="_blank">is marketing the property</a> with price hopes in the mid-$500,000s, and if it sells for $550,000, that would secure an investor a gross rental yield of 4.6% at its current rent, just above the gross rental yield for Lennox Head houses of 4.2%, according to RP Data. If it were rented at $510, that would secure an investor a gross rental yield of 4.8%. The gross rental yield does not consider the costs of maintaining the property, including council rates and other fees such as water bills and managing agent fees.
The median house price in Lennox Head fell 10.3% in the past year but rose 13% in the past five years, according to RP Data.
<a href="https://calc.washingtonbrown.com.au/wbdcalculator/calculator.aspx?RID=HPCAZOPTTT" target="_blank">Washington Brown</a> estimates the first-year tax depreciation deduction to be $10,000 and over five years to be $31,000.
The property will be open for inspection Saturday, August 18 at 11am and will go to auction Wednesday, September 12 at 5pm.
For more information about prices and yields in <a target="_blank" href="/news">Lennox Head, see the RP Data suburb page.</a>
For another investment prospect going to auction this weekend, see page 2.
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677 Warrigal Road, Bentleigh East, Vic 3165
<img src="/images/stories/2012/08/warrigalrd.jpg">
On a 600-square-metre block, this tenanted three-bedroom house has polished floorboards throughout, air-conditioning and a big backyard. The current tenants are paying $375 a week and are on a lease until January 2013. The Links Shopping Centre is across the road, and there are primary and secondary schools nearby. 
Century 21 listing agent Ben Quigley is marketing the property with price hopes of $460,000 plus, and if it sells for that price it would secure an investor a gross rental yield of 4.2%, well above the gross rental yield for Dandenong North houses of 3.3%, according to RP Data. The gross rental yield does not consider the costs of maintaining the property, including council rates and other fees such as water bills and managing agent fees.
The median house price in Bentleigh East fell 7.4% in the past year but rose 52.6% in the past five years, according to RP Data.
<a href="https://calc.washingtonbrown.com.au/wbdcalculator/calculator.aspx?RID=HPCAZOPTTT" target="_blank">Washington Brown</a> estimates the first-year tax depreciation deduction to be $5,000 and over five years to be $8,000.
The property will go to auction Saturday, August 18 at 1pm.
For more information about prices and yields in <a href="/news">Bentleigh East, see the RP Data suburb page.</a>
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Friday form guide: Yields of up to 4.6% in Lennox Head

<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.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Cassidy Knowlton

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