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A freestanding mortgagee home in Marsden Park has come onto the market.
Located at 59 Larkin street, the single-story residence is situated on a 250 square metre block and has 29 square metres of internal floorspace.
It features three bedrooms, two bathrooms, and small grassed area, and a garage.
It was built in 2018, and sold that year for $628,900.
Marsden Park’s median house price is $799,500.
David Martignago, from Century 21 Hometown Realty, has the listing.
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j.ballantyne1990-6AQqhLzZaK

Marsden Park mortgagee home listed for sale

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A mortgagee apartment in Sydney Olympic Park remains listed at $575,000.
It is located on level nine of the Australia Towers complex, at 906/7 Australia Avenue.
It features a single bedroom, a bathroom, a kitchen, a balcony, and a secure car space.
There is 76 square metres of internal floorspace.
Sydney Harbor’s iconic skyline is visible from the unit’s balcony.
It last sold in 2012 for $540,000 – just $35,000 less than it is listed for currently.
Joe Bousimon, from Belle Property Strathfield, has the listing.
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Australia Towers mortgagee apartment listed at $575,000

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As we enter reduced restriction levels as our stages of lockdown change, this is a positive sign for the economy that we are starting to resume business activities, albeit in a new way.
During this time, Ray White Commercial has been active in listing, selling and leasing commercial assets with many investors, developers and business owners keen to continue to plan for the future. 
The way which we do business may have changed but it has also resulted in the advancement of technologies which will be now more accepted such as online auctions, virtual tours etc. 
With record low interest rates and banks now more mobilized to complete transactions, we continue to see high levels of enquiries and buyers with finance ready with the ability to transact.
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Sales activity for this week remains at a similar level to last week recording over $114 million across 32 transactions. 
This week we have seen the average sale price of over $3.5 million well ahead of last week which featured a higher volume of smaller sales with an average of just $2.2 million. 
Close to $50 million of these sales were transacted in Queensland, spread across all asset classes with retail and development site activity greater than traditional industrial assets while medical related properties also sold. 
We have seen a number of medical facilities change hands this year and a growing number of enquiries in this sector may see it a more favourable investment option in a post COVID-19 economy.
NSW sales were limited but development site activity together with a number of smaller regional assets, while WA featured prominently this week with a number of industrial sales.
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Over the last six weeks, Ray White Commercial has recorded over $1.17 billion in Australian commercial transactions in the sub $50 million asset class. 
The reduced sentiment due to the current COVID-19 crisis not significantly dampening activity for private investor and developer purchasers while a number of institutional buyers have also transacted. 
Over this short period the spread of assets which have sold highlight the ongoing demand for a range of stock suggesting future confidence across all asset classes despite the current economic uncertainty. 
Industrial assets contribute a quarter of all sales while development sites increase their foothold representing 22.13 per cent of turnover. The office and retail asset classes which were anticipated to be adversely affected by the pandemic has accounted close to 38 per cent of all turnover demonstrating longer term confidence of this class. Encouragingly, uses such as hotels, aged care, child care and student housing have all seen robust investment activity.
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Commercial property transaction volumes sub $50 million: Ray White

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The uptick in commercial leasing activity has continued this week with Ray White Commercial offices completing the highest volume of deals during this COVID-19 period.
The ongoing elevated level of enquiries translating into new leases being signed is an encouraging sign for the local economy. Industrial remains the asset class in greatest demand however we continue to see confidence levels improve with a growing number of retail and office transactions complete.
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As we move through the staged reductions of lockdown, many restrictions have been lifted allowing property inspections at a safe social distance. Subsequently, technology has been instrumental in keeping the real estate industry active, many deals completed over the past few weeks have involved virtual inspections and during this time of limited contact, assets which have professional photography and a quality online presence have yielded impressive and rapid results.
The top three leasing deals of the week demonstrate the importance of embracing technology as a key instrument in the industry. 
A 130 sqm office at <a href="https://www.commercialrealestate.com.au/property/14-85-mt-derrimut-road-derrimut-vic-3026-9944622" target="_blank">Mt Derrimut Road, Deer Park</a> in Victoria was leased earlier this month by an immigration lawyer. Ray White Commercial Ferntree Gully agent Paul Waterhouse explains, "Leased in one week after using professional photography including aerial, floor plan and 3D walk through." 
An industrial property at <a href="https://www.raywhite.com/qld/stapylton/2289653/?lang=en" target="_blank">Maiella Street, Stayplton</a> in Queensland was leased last week through Ray White Commercial Springwood agent Adrian Hamilton. The 225 sqm property has now been leased to a metal fabrication workshop. Hamilton says, "During the COVID-19 lockdown we have continued to see strong demand for this size property in the area. The property was leased within two weeks of being on the market." 
A 203 sqm retail property at <a href="https://www.realcommercial.com.au/leased/property-194-herries-street-toowoomba-city-qld-4350-503105086" target="_blank">Herries Street, Toowoomba</a> in Queensland was leased to a flooring retailer by Ray White Commercial Toowoomba agent, Mark Wynhoven. "It is encouraging to see retailers having confidence in the Toowoomba market despite the COVID-19 restrictions, the high exposure of this property [is] one of its greatest advantages," he says. 
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Commercial leasing activity continues to uptick: Ray White

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Calls for infrastructure and health policy have been made by local and state government representatives and the housing and homelessness sector during today’s Preventing a Return to Homelessness – Government’s Perspective online forum.
Organised by the Australian Alliance to End Homelessness (AAEH), representatives from commonwealth, state and local government discussed practices and strategies that need to be implemented to end homelessness and rough sleeping in Australia. 
Chair of AAEH, Karyn Walsh called for a homelessness recovery plan that addresses Australia’s ongoing crisis of homelessness.
“Homeless populations are very vulnerable in community transmissions. People cannot abide by public health directives of social distancing, hand hygiene and staying home if they don’t have a home or place to stay,” said Ms Walsh.
“We need to make sure we are not leaving people behind as the recovery period starts. Moving forward it’s so critical that there is a vulnerable person and homelessness recovery plan that looks to long term goals and ensures that the curve is flattened and stays flattened.”
The Hon Luke Howarth MP, Assistant Minister for Community Housing, Homelessness and Community Services spoke about the Commonwealth’s focus on housing and homelessness in Australia.
“My key focus is reducing the incidence of homelessness and safe and secure housing; and Housing First because we know this leads to better health education and safety outcomes and workforce participant and choices in the bridge to recovery,” said Minister Howarth.
The government remains committed to working across the housing spectrum to improve outcomes, particularly to those most in need.”
Director of the Centre for Social Impact, University of Western Australia Professor Paul Flatau estimates that among homelessness agencies linked to the AAEH, there have been 2,260 people rough sleeping or at immediate risk of sleeping rough sleeping around Australia who have been provided with temporary accommodation in motels and hotels and other temporary lodgings under government supported programs since the beginning of the COVID-19 pandemic. While precise estimates are not available, the total number of rough sleepers supported could well be close to 5,000. This represents one of the most significant homelessness responses Australia has seen.
While the focus remains on increasing the supply of social housing to meet the long-term permanent housing needs of those experiencing homelessness, Professor Paul Flatau estimates that a national program in the private rental market supported by head-leasing arrangements with community housing to end homelessness among around 2,050 homelessness people could be put in place in the immediate future at a rough cost $380 per week per person (comprised of housing rental subsidies and additional support dollars to community housing and homelessness services), or $40 million per year. He says that research indicates the benefits of ending homelessness outweighs its cost.
“All our research and evaluations show significant savings and improved lives, reduced mental health issues, improved quality of life and improved employment outcomes from effective Housing First programs. Those programs have resulted, in the main, in net savings to government,” Professor Flatau said.
“Homelessness is something we don’t need to accept as a normal thing. Rough sleeping should be rare, brief and non-recurring – that is the standard we must set for ourselves and achieve. If the COVID-19 pandemic has shown anything, it’s that rapid progress is possible on that goal in short periods of time,” said David Pearson, CEO of AAEH.
“We all know that Housing First and investment in social housing is absolutely needed as a very simple solution to a very complex problem. When we pair that with support services, then we can address the underlying issues of homelessness,” Lord Mayor of City of Adelaide and Chair of the Council of Capital City Lord Mayors, Sandy Verschoor said.
“It’s the right thing to do socially and economically. This post-COVID national response gives us the perfect opportunity to do what is right. It requires a shift in thinking and a shift in investment. The primary thing we need is a significant investment in the infrastructure itself which is housing outcomes.”
A number of state and territory representatives spoke during the forum as well, discussing actions proactively being taken to end homelessness across the country. Speakers included:
<ul>
<li>
Roger Jaensch MP, Minister for Housing, Tasmanian Government</li>
<li>
Karen Walsh, Acting Deputy CEO at Northern Territory Department of Local Government, Housing and Community Development</li>
<li>
Mark Wall, General Manager Strategy Policy and Programs, Housing, Homelessness and Sport, Department of Housing and Public Works, Queensland Government</li>
<li>
Tiffany Allen, Executive Director of Housing and Homelessness at Department of Communities, Western Australian Government</li>
<li>
Paul Vevers, Deputy Secretary of Disability, Housing and District Services and Emergency Management, Department of Communities and Justice, New South Wales Government</li>
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Paul Reardon, Executive Director, Customer and Services of South Australian Housing Authority</li>
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Infrastructure and health policy needed to end homelessness: AAEH

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EXPERT OBSERVATION
Reducing the emphasis on cars and making more room for people to walk and cycle are just some of the ways streets could change for the better in the wake of the coronavirus pandemic. 
According to UNSW Built Environment lecturer Dr Mike Harris, the coronavirus is exposing problems with our vehicle-dominated street designs that existed long before the pandemic. 
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“It’s showing the disproportionate amount of street space dedicated to cars, because all that space set aside for cars is now sitting idle, while our footpaths aren’t wide enough for people walking, especially under social distancing guidelines,” the landscape architect and urban designer says.
“People are also using their local streets more because they’re working from home. So we’re living more locally, and recognising more the need for better quality streets for our quality of life.”
The need for wider footpaths
The pandemic is highlighting the importance of immediately accessible open space and walking and cycling facilities that many parts of Sydney lack. 
One of the arguments behind widening footpaths is so you can have space to pass people more easily, and with social distancing, it's really shown just how narrow common footpath widths are. Even in our densest areas, many are about one and half metres wide, next to an expanse of asphalt for cars. 
Footpaths should arguably be at least double that width, and that's before we add planting, trees, seating and bike lanes. 
There is so much that streets can do but are often so limited from all the space excised to move and store cars. It's remarkably short-sighted when you think about it. 
In addition to widening footpaths, separated bicycle lanes and closing streets to cars are some of the other short-term streetscape measures cities around the world have taken to adjust to increased street activity. 
Most cities were already installing separated bicycle lanes, better pedestrian amenity. Like many trends, COVID-19 is increasing the speed of how these things get implemented. 
Everyone is getting a forced test run to trial these pop-up things, so it means that all of a sudden, everyone's getting exposed to what our streets could be like. 
Cities around the world are readily adopting temporary measures, with local councils in Sydney like to follow suit. 
I'm surprised though that we haven't been as quick, there is such a clear demand, although Centennial Park has closed to cars on the weekend because it is much busier than usual. 
This 'forced experiment' could be the catalyst for transitioning towards pedestrian-friendly streets on a more permanent basis. 
I think people are showing that they're super keen to get out there and experience the public space in a much stronger way than what they did previously, so the public is ready to go. 
More cycleways, fewer cars 
Bike sales have also increased dramatically during the coronavirus pandemic. While overall transport usage in the City of Sydney is down to 13 per cent cycling is only down to 60 to 90 per cent of prior rates. 
Surveys are showing that the majority of people think things are better with fewer cars; less pollution, quieter and safer streets, for example. 
In the travel behaviour shifts too during the pandemic, most car commuters do not miss commuting at all, but the vast amount of walking and cycling commuters miss their commuting time. 
There will likely be a trend of more people using private forms of transportation in the immediate aftermath of the pandemic. But whether that leans towards the car or the bike is up to policymakers. 
A message that has explicitly come from governments in bigger cities overseas is that if you can do anything right now, ride a bike. If all those people who would usually take the New York or London subway decide to drive when they go back to work, the city will be gridlocked, similarly with Sydney. 
It’s an opportunity for a lot of people to consider riding a bike, at least for some trips or part of their trip, and a portion of them will want to keep doing it ... but as is the case now most of those people will claim they want to, but can’t because there are not enough facilities.
We should invest in a greater number of smaller, easily delivered projects like cycleways, which have more local job creation and less financial and environmental costs. 
It’s definitely time, as the Committee for Sydney is now urging. Less than $10 per person, per year, is spent on cycling infrastructure in Sydney, compared to $41 in London and $50 for Vancouver.
Investing for the next crisis
While reverting back to the vehicle-dominated streets would be easy, the rare opportunity to make our streets more liveable shouldn't be squandered. 
Just a few weeks ago, Beijing and Shenzhen reported heavier peak-hour congestion than the same period last year, and the images of blue skies without air pollution may become a memory. 
What will need to happen is for the government to take the opportunity, while it's there, to make some real changes. If nothing much happens, with the passing of time, and if structural changes haven't occurred in our streets, then slowly things will probably just go back to normal. 
In doing so will have lasting impacts that could better prepare the built environment to endure a future crisis. 
There's a long history of open space being used and transformed in response to public health crises. Planning for New York's Central Park began in the immediate aftermath of New York's second Cholera outbreak in the mid-1800s, along with wider urban boulevards. 
One of the reasons cities in the Netherlands or Denmark are so pedestrian-friendly, cycling-friendly cities today is because the government made concerted decisions to rely less on cars after the 1970s oil crisis. They recognised it was a vulnerable and costly transport mode and made a series of policy decisions and planning changes, that a couple of decades later, you see these profound results of very health, engaging, prosperous, people-friendly cities. 
What smart cities will do is make use of this opportunity and enact intelligent decisions that in 20 years will make their cities better-quality places to live and work. 
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How streets could become more liveable post-coronavirus: UNSW

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Rio Developments Pty Ltd has sold two new 278sqm industrial units in Seven Hills for a combined total of $2,350,000 +GST. 
Separate private investors purchased Units 1 and 10 on Brumby Street, as part of a 10-unit industrial estate.
The fully-secure premises offer quality, high-spec office accommodation, ample parking and an onsite sub-station that provides each unit with 80 amps of three phase power.
The units can be accessed via one container height roller door with an internal clearance of up to 7.5 metres.
CBRE’s Matthew Alessi negotiated the deals, noting it was the estate’s easy access to major arterial roads and the M7 and M2 motorways that attracted the buyers.
“Both purchasers were attracted to these buildings as they are located near major roads at the front of the estate, offering a balcony and exposure to passing traffic on the street,” said Mr Alessi.
“The estate is now complete and has three brand new units remaining for sale,” he concluded
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Investors snap up new industrial units in Seven Hills: CBRE

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A number of recent deals have highlighted that project tenants have been active in securing office accommodation in Sydney, according to Ray White.
Hutchinson Builders was one of the latest tenants to lease project space, having secured an office of approximately 171.5 sqm in ‘as is’ condition at Level Six, 104 Bathurst Street.
The building near Hyde Park was known as International House.
The initial lease term was 18 months and typical gross effective rents for similar unrenovated suites were circa. $500psqm p.a. to $600psqm p.a.
The tenant was to provide an internal fit-out including offices and plumbed kitchenette to accommodate an administrative team for a nearby project.
The deal was negotiated by Ray White Commercial South Sydney's John Skufris - on behalf of a private owner.
“Stowe Electrical and Fredon Air both also leased offices at 75 King Street, just north of Town Hall to use as project space, and we've been contacted directly by two other project tenants with immediate short-term leasing requirements,” Mr Skufris said.
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Demand for project space on the rise during Covid-19 in Sydney: Ray White

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Western Sydney is set for a further construction boom, with two more projects getting the green light today through the NSW Government’s Planning System Acceleration Program. 
Planning approval has been given to a new recycling facility in Penrith and a major upgrade to a brick production facility in Horsley Park that, combined, will inject an additional $27.8 million into the economy and support more than 130 local jobs. 
Premier Gladys Berejiklian said Western Sydney has been a big winner in the first tranche of projects that have had their assessments fast-tracked to create jobs and investment in response to COVID-19.  
“Western Sydney is undergoing significant growth, which is why we’ve fast-tracked the assessment of projects in the region over the past three weeks to create opportunities for more than 16,000 local jobs and $1.8 billion in investment,” Ms Berejiklian said.
“The housing and construction industries will be vital to supporting our State’s economy through the pandemic and so we’re doing what we can to keep the industry moving.” 
The latest projects approved in Western Sydney include:
<ul>
<li>A $26 million upgrade to the 1960’s Austral Bricks facility at Horsley Park. The state-of-the-art facility will be one of the most technologically advanced of its kind in the world and produce enough bricks to build five homes every hour. The facility’s upgrade will support 60 construction jobs and 35 ongoing operational roles.</li>
<li>A new $1.8 million recycling and transfer facility in Penrith, operated by NSW Waste Recycling, that will support a significant increase to waste recycling in Western Sydney. The project will support 25 construction jobs and 12 operational roles once complete.</li>
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Planning and Public Spaces Minister Rob Stokes said the Planning System Acceleration Program was a vital lever in the State’s economic recovery. 
“We have re-prioritised projects in the State’s planning system so projects are assessed more quickly to keep people in jobs and the NSW economy moving during the COVID-19 pandemic,” Mr Stokes said. 
“We’ll have another tranche of shovel-ready projects ready to announce shortly, which will also have their assessments finalised within four weeks.” 
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Project
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<td valign="top" width="146">
Investment value
</td>
<td valign="top" width="79">
Jobs
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Austral Bricks facility upgrade
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<td valign="top" width="146">
$26 million
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<td valign="top" width="79">
95
</td>
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Penrith Resource Recovery Facility
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$1.8 million
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<td valign="top" width="79">
37
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Bunnings Warehouse at Bringelly Business Park
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<td valign="top" width="146">
$22 million
</td>
<td valign="top" width="79">
400
</td>
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Mt Druitt CBD rezoning
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$1.49 billion
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<td valign="top" width="79">
15,000
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Rezoning land at Glenlee to create a 60 hectare jobs hub
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$94.2 million
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<td valign="top" width="79">
188
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Rezoning the Bankstown CBD to allow more retail, residential and public space
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$166 million
</td>
<td valign="top" width="79">
332
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TOTAL
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$1.81 billion
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<td valign="top" width="79">
16,052
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To be considered for accelerated assessment, a project must already be progressed in the planning system, deliver a public benefit, demonstrate an ability to create jobs during construction and once complete, and be able to commence construction or lodge a development application within six months. 
Western Sydney projects approved in Tranche 1 of the Planning System Acceleration Program include:
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Construction boom fast-tracked for Western Sydney 

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GUEST OBSERVATION
It is well-established that recessions hit young people the hardest.
We saw it in our early 1980s recession, our early 1990s recession, and in the one we are now entering.
The latest <a href="https://www.abs.gov.au/AUSSTATS/abs@.nsf/Latestproducts/6160.0.55.001Main%20Features4Week%20ending%202%20May%202020" target="_blank">payroll data</a> shows that for most age groups, employment fell 5% to 6% between mid-March and May. For workers in their 20s, it fell 10.7%
The most dramatic divergence in the fortunes of young and older Australians came in the mid 1970s recession when the unemployment rate for those aged 15-19 shot up from 4% to 10% in the space of one year. A year later it was 12%, and 15% a year after that.
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Unemployment rates 1971-1977
<a href="https://images.theconversation.com/files/336271/original/file-20200520-152288-16b5n6o.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/336271/original/file-20200520-152288-16b5n6o.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a> <a class="source" href="https://www.propertyobserver.com.au/https://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/6203.0">ABS 6203.0</a>
<hr>
At the time, 15 to 19 years of age was when young people got jobs. Only one third completed Year 12.
What is less well known is how long the effects lasted. They seem to be present more than 40 years later.
The Australians who were 15 to 19 years old at the time of the mid-1970s recession were born in the early 1960s.
In almost every recent <a href="http://positivepsychology.org.uk/subjective-well-being/" target="_blank">subjective well-being</a> survey they have performed worse that those born before or after that period.
Subjective well-being is determined by asking respondents how satisified they are with their lives on a scale of 0 to 10, where 0 is totally dissatisfied and 10 is totally satisfied.
Australia’s Household, Income and Labour Dynamics survey (<a href="https://melbourneinstitute.unimelb.edu.au/hilda" target="_blank">HILDA</a>) has been asking the question since 2001.
In order to fairly compare the life satisfaction of different generations it is necessary to adjust the findings to compensate for other things known to affect satisfaction including income, gender, marital status, education and employment status.
Doing that and selecting the 2001, 2006, 2011 and 2016 surveys to examine how children born at the start of the 1960s have fared relative to those born earlier and later, shows that regardless of their age at the time of the survey, they are less satisfied than those born at other times.
<hr>
Subjective wellbeing by birth cohort over four HILDA surveys
<a href="https://images.theconversation.com/files/336287/original/file-20200520-152311-h03y48.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/336287/original/file-20200520-152311-h03y48.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Subjective well-being on a scale of 0 to 10 where 0 is totally dissatisfied and 10 is totally satisfied. <a class="source" href="https://melbourneinstitute.unimelb.edu.au/hilda" target="_blank">Regressions available upon request</a>
The consistency of lower levels of subjective well-being reported by the 1961-1965 birth cohort suggests something has had a lasting effect.
An obvious candidate is the dramatic increase in the rate of youth unemployment in at the time many of this age group were trying to get a job.
Over time, labour markets can recover but the scars of entering the labour market during a time of sudden high unemployment can be permanent.
The impacts of the early 1980s and early 1990s recessions on young people were alleviated somewhat by the doubling of the <a href="https://www.propertyobserver.com.au/https://www.abs.gov.au/ausstats/abs@.nsf/mf/4220.0" target="_blank">Year 12 retention rate</a> and later by the doubling of <a href="https://www.education.gov.au/student-data" target="_blank">university enrolments</a>.
But the education sector is maxed out and might not be able to perform the same trick for the third recession in a row.
Reinvigorating apprenticeships and providing cadetships for non-trade occupations might help. Otherwise the effects of the 2020 recession on an unlucky group of Australians might stay with us for a very long time.<img src="https://counter.theconversation.com/content/137236/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
<a href="https://theconversation.com/profiles/jenny-chesters-869325" target="_blank">Jenny Chesters</a>, Senior Lecturer/ Research Fellow, <a href="https://theconversation.com/institutions/university-of-melbourne-722" target="_blank">University of Melbourne</a>
This article is republished from <a href="https://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/recessions-scar-young-people-their-entire-lives-even-into-retirement-137236" target="_blank">original article</a>.
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Recessions scar young people their entire lives, even into retirement

<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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