<html><body>Australian Property Monitors (APM) has released a list of results from 529 auctions in Sydney for the weekend of March 23. The clearance rate was 70.5%. <a href="https://www.homepriceguide.com.au/saturday_auction_results/Sydney.pdf" target="_blank">Click here</a> for the auction results, and click on each street address to see the property's marketing.</body></html>

po-LsXgBTHBmX

APM's Sydney's 529 auction results show a 70.5% clearance rate

<html><body>
South Australia's 10 longest-listed properties, as recorded by SQM Research, are all entering their fourth year on the market.
Several vendors have reduced their asking price, including the vendor of <a href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=b9f4dacada&amp;e=0aab96dc54" target="_blank">Lot 10 &amp; 11 Destrees Bay, D'estrees Bay, 5223</a> (pictured below), which has been reduced by 19% in an attempt to secure a sale of the Kangaroo Island property.
Others, however, have held firm on price, and two vendors have even increased their asking price. Almost all are outside the city of Adelaide.
<img alt="sqmadelaidemarch18one" height="351" width="470" src="/images/stories/2013/03/sqmadelaidemarch18one.jpg">
1
<a target="_blank" href="https://sqmresearch.us5.list-manage2.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=e9a5bded21&amp;e=0aab96dc54">Lot 2, Third Street, Brownlow Ki, 5223</a> 
<div></div>
<div></div>
<div></div>
<div>
Days on the market: 1431</div>
<div>
Initial asking price: $135,000 Current asking price: $135,000 Reduction: 0%</div>
 
2
<a target="_blank" href="https://sqmresearch.us5.list-manage1.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=7e04259741&amp;e=0aab96dc54">32 Brookside Road, Darlington, 5047</a>
<div>
<div>
Days on the market: 1431</div>
<div>
Initial asking price: $350,000 Current asking price: $375,000 Reduction: -7%</div>
</div>
 
3
<a target="_blank" href="https://sqmresearch.us5.list-manage1.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=f7ee8e6ddc&amp;e=0aab96dc54">21 North Road, Nairne, 5252</a>
<div>
<div>
Days on the market: 1332</div>
<div>
Initial asking price: $290,000 Current asking price: $249,950 Reduction: 14%</div>
</div>
 
4
<a target="_blank" href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=187c12d28b&amp;e=0aab96dc54">Lot 26, Berwick Way, Strathalbyn, 5255</a>
<div>
<div>
Days on the market: 1332</div>
<div>
Initial asking price: $417,800 Current asking price: $417,800 Reduction: 0%</div>
</div>
 
5
<a target="_blank" href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=f4aad1cb05&amp;e=0aab96dc54">9b Edwin Avenue, Tranmere, 5073</a>
<div>
<div>
Days on the market: 1280</div>
<div>
Initial asking price: $600,000 Current asking price: $629,000 Reduction: -5%</div>
</div>
 
6
<a target="_blank" href="https://sqmresearch.us5.list-manage2.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=1b42785559&amp;e=0aab96dc54">1 Dillon Road, Hindmarsh Valley, 5211</a>
<div>
<div>
Days on the market: 1266</div>
<div>
Initial asking price: $385,000 Current asking price: $365,000 Reduction: 5%</div>
</div>
 
7
<a target="_blank" href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=f03f4e8696&amp;e=0aab96dc54">11 Leworthy Street, Victor Harbor, 5211</a>
<div>
<div>
Days on the market: 1245</div>
<div>
Initial asking price: $325,000 Current asking price: $298,000 Reduction: 8%</div>
</div>
 
8
<a target="_blank" href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=f1d0cead81&amp;e=0aab96dc54">6 Barwell Street, Eudunda, 5374</a>
<div>
<div>
Days on the market: 1232</div>
<div>
Initial asking price: $185,000 Current asking price: $185,000 Reduction: 0%</div>
</div>
 
9
<a target="_blank" href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=b9f4dacada&amp;e=0aab96dc54">Lot 10 &amp; 11 Destrees Bay, D'estrees Bay, 5223</a>
<div>
<div>
Days on the market: 1204</div>
<div>
Initial asking price: $475,000 Current asking price: $385,000 Reduction: 19%</div>
</div>
 
10
<a target="_blank" href="https://sqmresearch.us5.list-manage.com/track/click?u=9badbd870addb4af72206c2eb&amp;id=d2eeb2687b&amp;e=0aab96dc54">7 Central Drive, Victor Harbor, 5211</a>
<div>
<div>
Days on the market: 1175</div>
<div>
Initial asking price: $690,000 Current asking price: $605,500 Reduction: 12%</div>
</div>
 
SQM Research also offers a list of the <a target="_blank" href="https://www.sqmresearch.com.au/top100bargains.php" title="SQM Research">Top 100 Biggest Bargains in Australia </a>for sale.
</body></html>

South Australia's 10 longest-listed properties: SQM Research

<html><body>
A Lavender Bay property topped the RP Data top 10 sales of the week.
<a href="https://www.propertyobserver.com.au/international/local-chinese-buyer-snaps-up-sydney-s-highest-weekend-auction-offering/2013031759763?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news" target="_blank">The four-bedroom unit was sold after auction by McGrath Estate Agents for $5.6 million</a>.
The week's most expensive sales:
2/9 Waiwera Street, Lavender Bay, NSW, 2060, four-bedroom unit, sold at auction on March 16 by McGrath Estate Agents for $5.6 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/24_bay_street_brighton_vic_3186/10003950">24 Bay Street, Brighton</a>, VIC, 3186, five-bedroom house, sold at auction on March 16 by Buxton Real Estate Brighton for $4.85 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/61_union_street_mcmahons_point_nsw_2060/4169730">61 Union Street, McMahons Point</a>, NSW, 2060, four-bedroom house, sold on March 15 by Belle Property Neutral Bay Neutral Bay for $3.485 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/13_john_dykes_avenue_vaucluse_nsw_2030/7141422">13 John Dykes Avenue, Vaucluse</a>, NSW, 2030, four-bedroom house, sold at auction on March 16 by Laing + Simmons Double Bay for $3.35 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/11a_huntingfield_road_brighton_vic_3186/15691966">11A Huntingfield Road, Brighton</a>, VIC, 3186, four-bedroom house, sold on March 15 by Biggin &amp; Scott Brighton for $3.27 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/14_gladstone_avenue_mosman_nsw_2088/4484397">14 Gladstone Avenue, Mosman</a>, NSW, 2088, four-bedroom house, sold at auction on March 14 by L J Hooker Mosman for $2.95 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/3_boorroo_street_kangaroo_point_nsw_2224/3186557">3 Boorroo Street, Kangaroo Point</a>, NSW, 2224, two-bedroom house, sold at auction on March 16 by McGrath Estate Agents for $2.63 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/11_wellesley_road_hawthorn_vic_3122/11196389">11 Wellesley Road, Hawthorn</a>, VIC, 3122, four-bedroom house, sold at auction on March 16 by Marshall White Real Estate Armadale for $2.45 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/50a_champion_road_tennyson_point_nsw_2111/6755087">50A Champion Road, Tennyson Point</a>, NSW, 2111, four-bedroom house, sold at auction on March 16 by McGrath Estate Agents for $2.395 million
<a target="_blank" href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/48_sackville_street_maroubra_nsw_2035/4050256">48 Sackville Street, Maroubra</a>, NSW, 2035, four-bedroom house, sold at auction on March 16 by Century 21 Coastline Properties for $2.36 million
</body></html>

Lavender Bay and McMahons Point dominate the week's top sales podium: RP Data

<html><body>
Melbourne was the capital city with the most  rental vacancies in February, according to the latest information from SQM Research.
<img src="/images/stories/2013/03/sqmmelbournemarch19.gif" width="470" height="141" alt="sqmmelbournemarch19">
The number of vacancies in Melbourne in February reflecting a 2.7% vacancy rate. There were  10,989 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmsydneymarch19.gif" width="470" height="168" alt="sqmsydneymarch19">
The number of vacancies in Sydney in February reflecting a 1.6% vacancy rate. There were 8,008 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmbrisbanemarch19.gif" width="470" height="162" alt="sqmbrisbanemarch19">
The number of vacancies in Brisbane in February reflecting a 1.8% vacancy rate. There were 4,665 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmadelaidemarch19.gif" width="470" height="131" alt="sqmadelaidemarch19">
The number of vacancies in Adelaide in February reflecting a 1.3% vacancy rate. There were 2,219 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmperthmarch19.gif" width="470" height="175" alt="sqmperthmarch19">
The number of vacancies in Perth in February reflecting a 0.9% vacancy rate. There were 973 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmcanberramarch19.gif" width="470" height="248" alt="sqmcanberramarch19">
The number of vacancies in Canberra in February reflecting a 1.2% vacancy rate. There were 313 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmhobartmarch19.gif" width="470" height="244" alt="sqmhobartmarch19">
The number of vacancies in Hobart in February reflecting a 2.1% vacancy rate. There were 637 properties available for rent in February 2012.
<hr>
<img src="/images/stories/2013/03/sqmdarwinmarch19.gif" width="470" height="215" alt="sqmdarwinmarch19">
The number of vacancies in Darwin in February reflecting a 1.3% vacancy rate. There were 184 properties available for rent in February 2012.
<hr>
</body></html>

Melbourne tops capital city rental vacancies in February: SQM Research

<html><body>
The Australian CBD office sector will not boom in 2013, but 2014 will be a year of renewed growth in the office market, according to the latest Colliers International CBD Office Research &amp; Forecast Report for Australia and New Zealand.

All CBD <a target="_blank" href="https://www.propertyobserver.com.au/office/sydney-remains-ninth-most-expensive-office-rental-market-in-the-world-cushman-wakefield/2013022059460">office markets</a> around Australia experienced a drop in A-Grade net effective rents in 2012, with the exception of Adelaide CBD, the report shows.
Click to enlarge
<a href="/images/stories/2013/03/colliersmarch19one1.gif" rel="shadowbox" title="Click to enlarge"><img src="/images/stories/2013/03/colliersmarch19one1thumb.gif"></a>
Source: Colliers International research
Simon Hunt, Colliers International managing director of office leasing, says there are already positive signs in the market that sentiment is increasing.
He says current conditions are prompting organisations to shift their focus beyond expected low economic growth in 2013 to position themselves for an upswing in 2014 and beyond.
“Tenants are not yet in growth mode but 2013 will be the year they get ready for a more prosperous 2014,” Hunt says.
“In particular, the rental declines in Melbourne CBD and Sydney CBD are likely to have already flowed through the market and some positivity in terms of tenant demand will start to occur by the end of the year.”
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/2013/03/colliersmarch19.gif"><img width="470" src="/images/stories/2013/03/colliersmarch19thumb.gif"></a>
</body></html>

Chart of the week: Why 2014 will feature renewed growth in the office market

<html><body>
{yoogallery src=[images/stories/2012/12/devspotlight_thepinnacle_DelyseMiddlemount]}
 
*Lifestyle Images courtesy of Minco Photography
Capricorn 151 Developments has recently launched Delyse, a planned residential community of 66 two-bedroom homes in Middlemount.
Just over two hours drive from the coastal town of Mackay, Delyse is an opportunity for substantial high returns from an investment property.
With big rental yield returns, Delyse is offered as an ideal choice for long-term investors.
Middlemount is one of the main central Queensland towns servicing the Bowen Basin mining industry including active mining companies like Anglo Coal, Macarthur Coal, Capcoal, Foxleigh, German Creek and Middlemount Mine.
The Bowen Basin area saw an increase of population by 17.6% from 32,897 in 2001 to 38,687 in 2006 attributed to the early establishment and construction phases of coal mines.
Looking to the future, research indicates that population will continue to grow in this region as the demand for industry workers gathers momentum as more mines shift their levels of coal and gas productions to satisfy growing export requirements.
Further population growth has been estimated as 48,650 people by 2021 (that’s only eight years from now).
Marketing agent, Graeme Sharp, director of Ray White Project Marketing, said there was huge, long-term demand for accommodation in Middlemount.
“Now that the coal mines are moving into greater production phases and the expectation of continued population growth is sustainable, new communities such as Delyse is a welcomed new amenity in Middlemount.
“Delyse perfectly fits the criteria for workers and their families wanting to live closer to employment regions, some of which are only 25km drive from Middlemount.
"Meeting the needs for permanent accommodation suitable for singles and families is important.”
Delyse is a centrally located residential development offering new two bedroom homes featuring air conditioning, quality appliances, security screens, floor coverings and fans, blinds, turf and fencing. The complex offers resort style facilities including a swimming pool with shade cloth, gazebo, barbeque area, exercise room and recreation centre with billiards table and plasma screen TV.
“Investors have a unique opportunity to purchase a home that earns high rents right from settlement.
"With selling prices set at $399,000 inclusive of furniture packages and with rental incomes of up to $750 per week, that’s an expected yield of around 10% per annum," said Graeme Sharp.
Established in the early 1980’s, Middlemount was a purpose built coal-mining town with typically most dwelling constructed by the mines themselves.
The thriving community offers all the infrastructure you would expect of a well-established 30 year old town including an airstrip, hospital, dentist, sporting clubs, a golf course and racecourse, shopping centre, childcare and education services for all ages from birth until Year 12.
Leisure activities and attractions are only a stone’s throw away to majestic Bundoora Dam, which is great for fishing, skiing and swimming. Panoramic views from Blue Mountain Park are a perfect place to have a family barbecue on the weekends.
Construction has commenced and stage one homes are anticipated available for occupancy from mid 2013.
For a complete information kit contact the sales consultant Garth Rothwell.
<a href="https://au-01.adtomafusion.com/event/8775/private_media.propertyobserver.click/6811316%20/click?url=https://www.delysemiddlemount.com.au/" target="_blank">www.delysemiddlemount.com.au</a>
Developer:	Capricorn 151 Developments Pty Ltd
Marketing:	Ray White Project Marketing
For a complete information kit contact the sales consultants:
Graeme Sharp 0412 743 671
Garth Rothwell 0404 841 095
</body></html>

Delyse at Middlemount in the Bowen Basin mining area

<html><body>Australian Property Monitors (APM) has released a list of results from 332 auctions in Melbourne for the weekend of  March 16. <a style="font-size: 14px;" target="_blank" href="https://www.homepriceguide.com.au/saturday_auction_results/Melbourne.pdf" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.</body></html>

APM's Melbourne auction results for March 16 weekend

<html><body>Australian Property Monitors (APM) has released a list of results from 312 auctions in Sydney for the weekend of March 16. The clearance rate was 75%. <a href="https://www.homepriceguide.com.au/saturday_auction_results/Sydney.pdf" target="_blank" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.</body></html>

APM's 312 Sydney auction results show 75% clearance rate

<html><body>
The number of auctions held in Australian capital cities will climb to 1,799 in the week to March 17, bouncing back from only 995 held the previous week, which was heavily affected by public holidays.
Figures from RP Data show Melbourne is set for 914 auctions in the week to March 17. In the week to March 10, Melbourne had just 227 auctions, with a clearance rate of 62.9%. This was the first week that Melbourne had underperformed when compared to the national average clearance rate.
In Sydney, the auction clearance rate was recorded at a strong 71.4% in the week to March 10, up from 61.1% the previous week. Auction volumes fell from 751 the previous week to 532.
In the week to March 17, Sydney is set for 632 auctions.
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/2013/03/rpdataauctionclearancesmarch14.gif"><img src="/images/stories/2013/03/rpdataauctionclearancesmarch14thumb.gif"></a>
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/2013/03/rpdataupcomingauctionsmarch14.gif"><img src="/images/stories/2013/03/rpdataupcomingauctionsmarch14thumb.gif"></a>
</body></html>

Auction numbers set to rebound this week: RP Data

<html><body>
Canberra house and unit vendors are offering slimmer discounts than their counterparts in other Australian capital cities in order to secure sales, according to the latest information from RP Data.
Figures for the week ending March 10 show Canberra units are selling for an average of 2.5% less than their initial asking price.
Houses in the Australian capital were selling for an average of 4.1% that their initial asking price – a figure matched by Darwin.
<img alt="rpdatavendordiscountingmarch14" height="357" width="470" src="/images/stories/2013/03/rpdatavendordiscountingmarch14.gif">
The rate of vendor discounting is the average percentage difference between the original listing price and the final selling price.
The statistics are calculated across results received by RP Data over the past week and include properties transacted over the past four weeks.
The data is based on private treaty sales only and records without a valid sale price have been excluded from the vendor discount analysis. The analysis also excludes results where there are less than 10 observations.
</body></html>

Canberra vendors discounting less than other capitals: RP Data

<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

<main data-perf-region="main">
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]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Property Observer

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News