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<div>SQM Research calculated that national residential listings fell in October by 1.4 percent to 324,228, with stock levels decreasing in most capital cities.  Melbourne posted the biggest drop of 3 percent, but listings bucked the national trend in Sydney and Canberra. Listings also rose in Adelaide by 2.6 percent.</div>
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<div>There were gains of 2.8 percent in Sydney and 5.3 percent in Canberra. </div>
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<div>Compared to a year ago, listings were down by 4.6 percent across all Australian capital cities. </div>
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<div>The biggest drop was posted in Hobart, with listings down by 25 percent. </div>
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<div>SQM said Melbourne followed, with listings down by 11 percent, reflecting tight supply in those two cities.</div>
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<div>"It is not unusual to record a slight decline in listings in October," Louis Christopher at SQM said.</div>
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<div>"The initial September spring surge in listings has run its course. </div>
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<div>"A second surge in November usually occurs prior to the market closing for the year, and so, we expect listings to rise again next month."  "There is no evidence of any major correction in any city, however the large year-on-year rises in Sydney are demonstrating a downturn," he added.. SQM noted capital city asking prices rose 1 percent for houses but were flat for units for the month to October 24. </div>
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<div>The largest monthly rise came from Hobart, where unit asking prices rose 10 percent.</div>
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<div> In Melbourne, asking prices for houses rose by 1.7 percent, with a 1.3 percent rise in asking prices for units. Year-on-year gains were also the strongest in Melbourne, with both houses and unit prices rising 21 percent and 12.7 percent respectively.</div>
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j.ballantyne1990-6AQqhLzZaK

Sydney's October listings surge are a sign of the downturn: SQM

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David Malouf, the internationally acclaimed author, has sold his long held Chippendale terrace before its weekend auction.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-chippendale-126511086" target="_blank">Myrtle Street home</a>, marketed as the matriarch of the street due to its rare six metre wide presence, sold after it spent 19 days on the market.
It's expected to have fetched around $2.2 million, some profit for the home that cost $175,000 in 1985.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Malouf2.jpg" alt="">
Malouf bought the home the same year he published his memoirs, 12 Edmondstone Street.
The three level terrace behind an updated facade has four bedrooms and two bathrooms.
The formal dining, living area and timber topped kitchen open to a rear leafy courtyard.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Malouf3.jpg" alt="">
LJ Hooker Newtown agents Nick Moraitis and Edward Burns sold the home.
The Brisbane born and bred writer graduated from the University of Queensland in 1955. His first novel, Johnno (1975), is the semi-autobiographical tale.
He who received the Australia Council Award for Lifetime Achievement in Literature last year.
This article first appeared in the Sunday Telegraph.
 
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Internationally acclaimed author David Malouf sells Chippendale terrace

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<div>
The home sharing platform Airbnb has come out in support of  a limit on the number of days a investment property can be rented in NSW strata, as it seeks to avoid a tougher regulatory crackdown by the NSW government.
In a submission to the NSW government, Airbnb said if a host wants to rent out an investment property on Airbnb for more than 180 days in a year, they would have to apply for a development application through the local council.
There are more than 45,000 Airbnb listings in the state with average host earning around $5,300 a year.
Hosts will not require permissions to rent out their primary place of residence or investment property for less than 180 days a year.
The NSW government's options paper, which was released in July, considers a range of options.
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Submissions closed this week with the government is expected to release a response before Christmas.
NSW Planning Minister Anthony Roberts envisages any new policy would need to balance protecting neighbours and allowing people to profit from providing short-term accommodation.
<a href="https://www.parliament.nsw.gov.au/committees/inquiries/Pages/inquiry-submission-details.aspx?pk=%2053960" target="_blank">Airbnb's prior submission</a> has called for a statewide planning framework which clarifies how individuals are allowed to rent out the homes.
"Airbnb supports a clear, statewide approach that supports our host community sharing their own primary place of residence without the need for approvals, registrations, or caps, and for non-­primary places of residence, an approach that is streamlined with clear information about the safety and planning standards to adhere to," it said in the submission.
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London introduced a 90-day limit a calendar year on Airbnb rentals. 
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In June 2015, Philadelphia became the largest city in the U.S. to pass legislation specifically enabling people to share their homes for up to half a year.
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The city of Hamburg acted to clarify that rules restricting tourist accommodation in residential areas do not apply to primary residences.
The Hamburg housing law gives residents the right to use all of their home to host guests for up to 50% of the year. Alternatively, they can use 50% of their home to host guests all year round. 
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A recent City of Sydney Council survey of 1000 residents showed more than 40 per cent of Sydney inner-city residents oppose short term rentals on Airbnb or Stayz as a full-time investment and believe strata bodies should be able to ban short-term rentals.
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Airbnb also recommends the NSW government set up a "three-strikes-and-you're-out" framework to manage complaints.
Airbnb said it opposes giving strata bodies the power to prohibit short-term renting. 
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Airbnb has been gaining immense traction in New South Wales.
New South Wales’ host community has welcomed nearly 420,000 Airbnb guests during the past twelve months which represents a year-over-year growth rate of 167 percent.
We have a large community of people across New South Wales for whom sharing their home is now part of their lifestyle.
"There are now approximately 20,000 active listings in New South Wales and Sydney ranks as one of Airbnb’s top ten cities for most properties on the platform."
In an Economic Impact Study that Airbnb conducted in Sydney, Airbnbn found that the majority of hosts (85 percent) rent their primary residences occasionally and earn a modest but significant amount of extra income that they use to help make ends meet.
In Australia, the average host earns $7,100 per year and hosts approximately 51 nights per year.
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Airbnb support 180 day limit without formal NSW development approvals

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GUEST OBSERVER
Whether it’s the use of Terminator imagery, visions of dystopia, or discussions of genomics, it’s common practice to use the metaphors and framing of speculative fiction to guide discussion into new and innovative areas.
A common theme is a world where humans do less work and machines do more. Why have we not yet reached that point?
I recently gave a talk on the implications of blockchain technologies for international trade. This technology can automate work that was manual and error-prone, bringing benefits with less human labour.
A colleague from another university reminded me afterwards that the promise of less work in the future was a mainstay of science fiction. Given my interests in smart city technologies, he asked, why did I think that we would finally see a real reduction in human work, as had been promised for so many years?
Trend towards shorter weeks reversed
To answer this question, we need to return to the mid-late 19th century, when the explosion of science-fiction writing began. Here are some Parisian illustrations of the year 2000. In these pictures, manual effort is reduced to button-pushing and supervision. Machines do the work and, hence, humans do less.
But what became of all this saved time? What happened to the leisure-oriented future?
A small amount of history is in order, as the 40-hour working week is a relatively new development. At the start of the 19th century, 100-hour weeks were not uncommon, and Australia has a long history of labour movements to develop a liveable working week.
The adoption of the 40-hour working week is often interpreted as a boon for workers but, as Henry Ford admitted, it is as much a benefit for employers. Ford observed that fatigued workers made more mistakes. Asking his workers to put in more than 40 hours a week usually cost him more money than he made.
John Maynard Keynes, writing in 1930, thought we’d be working 30 hours a week by 2030. Our problem would be too much free time.
We were on track to reducing working hours until 1980, when we went the other way. Working harder, for longer, somehow became desirable. And demandable.
Rutger Bregman has explored this at length in his book, Utopia for Realists. He champions a 15-hour work week to remove “bullshit jobs” and to give humans time to do useful and rewarding things. But this is at odds with how we often think about work. Work, and the amount of work we do, frequently defines our value.
Overwork is often interpreted as commitment, rather than inefficiency. The visions of reduced working weeks were, whether the authors knew it or not, visions of a more effective workforce. But to admit to doing less work is often interpreted as a proxy for caring less.
Given subsistence and thriving are generally related to the job we do, work is not just important in terms of perception, it is vital to survival.
So what’s different now?
Returning to my colleague’s question, have we actually reached a point where we could work less and get the same amount of work done? If so, why now?
In the developed world, home appliances have greatly reduced the need for physical labour. Fewer people need to be involved in tasks that once left them little time to do much else.
For example, the word processor and email have, to a great extent, replaced the dedicated secretarial staff that briefly flourished with the rise of the typewriter. At one time all copies were made with manual scribes, carefully duplicating what they read. Then we had carbon paper. Then photocopiers. Then printers. Then the requirement for physical copy reduced.
An entire stream of labour appeared and disappeared as technology advanced. We freed ourselves of one kind of work; we just replaced it with another.
The rise of robotics has heralded a new model for labour: one where humans can be removed from the entirety of a task, beyond supervision or programming. But we know that we may not always want to do this. In India, Nitin Gadkari, the minister for road transport, highways and shipping, said: "We won’t allow driverless cars in India. … I am very clear on this. We won’t allow any technology that takes away jobs."
India has 400 million workers, 12.5 million of them identified in transport, storage and communication industries. Putting millions of people out of work is at odds with India’s plans to increase the numbers in the workforce.
So we have two reasons emerging for why we haven’t seen the promised labour reductions. The first is our perceptions of working hours as proxy value of an employee. The second is that few governments want to cause widespread unemployment as this is then linked to social and economic issues.
But this is at odds with what we know about work: too much of it is bad for us and the job itself.
Working out the post-work economy
Until now, these answers have been enough because we didn’t really have machines that could replace us. But that has changed in many areas. Planes can land themselves. Cars can drive themselves. Computer-controlled trains run in many subways and airports of the world.
In terms of transport, then, humans are rapidly becoming superfluous, except as passengers. And transport is only one example. We can now say “let someone else do it” and have that someone not be human.
We finally have the means to sensibly replace human labour, without forcing that work on to someone else. But this does not mean we can simply do that. We need to work out how to support people in a post-work economy.
We need to accurately identify which jobs machines can’t do. We need to identify how we will be social without the accidental socialisation caused by the necessity of work.
We now live in the age predicted by science fiction. It’s up to us whether we choose to give ourselves the leisure, or not.
Nick Falkner is associate professor and director of the Australian Smart Cities Consortium at University of Adelaide.
This article was originally published on <a href="https://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/what-happened-to-our-promised-leisure-time-and-will-we-find-it-in-the-smart-city-83570" target="_blank">original article</a>.
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Will smart cities lead us to our promised leisure time?: Nick Falkner

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GUEST OBSERVER
Increasing urbanisation, denser city living, more expensive apartment prices and higher rents are reshaping our access to and use of urban space. Room-sharing websites are one sign that the cost of city living is driving people to consider sharing rooms with strangers out of necessity. Those flats are not homes anymore.
If people can’t spend time in their flat – because it is too crowded, too noisy or not safe enough – they end up spending more time in public spaces like libraries or quasi-public spaces like gaming arcades or shopping malls. Dutch Prizker Prize-winning architect Rem Koolhaas calls this Junkspace. Or they are spending time in the street, plazas and parks.
How does the city cater for people in these places? Imagine a home furnished with the kind of furniture we typically see on the street. Would it feel comfy?
Generally the design of this kind of public furniture has a strictly defined scope. It has to be vandal-resistant, easy to install, require little to no maintenance, not encourage littering, tie in with the style of the precinct, etc.
Public furniture also has an established typology – benches and seats mainly. This restricts what we can do in public (sit down with a straight back, we can’t lounge). These are part of the design considerations to provide a bench for people to sit on.
What if we want to do more than just sit?
The spacing, positioning and location of furniture in public space play a big part in deciding what I can look at, with whom, for how long and how I’ll feel while sitting there.
But what if I want to do more then just sit there? Where, for instance, do I plug in my phone or laptop to recharge?
It is also not easy to wash my hands in a public space. For example, I’ve sat down and eaten an orange on a bench, my hands are sticky and I’d like to wash them. Perhaps I’ve also taken off my coat while sitting there. What now?
I’ve got to seek out the nearest public toilet and use the hand basin, but where to put all my other belongings while doing that? On the toilet floor?
A basic human right is access to water and utility services. We need to provide this access in the public sphere, and not just in commercial environments like coffee shops.
Filling up a water bottle is not easy, buying water is – if you can afford it. This is not an equitable solution. It adds to the already significant financial burden of paying high rents and city living.
Think about how design can expand our options
While we have furniture for the street, the street, parks and plazas lack other services. Design embeds a narrow social script in the current range of street furniture. The design of new public furnishings needs to adapt and offer citizens a wider, more diverse range of options for being in the city.
For example, people should have access to facilities to carry out basic healthy living practices, such as washing hands. They also need access to power – perhaps even a facility to heat up food, like a home-made lunch, or a pre-prepared meal from the supermarket.
Furnishing a public space with such new public appliances could transform it, soften it, bring familiarity, comfort and a sense of domesticity to it; a public backyard. The opportunities for a smart city are not just large-scale infrastructure, public transport and traffic monitoring, but also exist at a finer-grained level.
These new kind of street furnishings can be made available to users via a contemporary, digital version of the old city gate. It can require them to log in or authorise them to use equipment via a unique identifier. We already practise this on e-commerce and sharing economy websites.
This new kind of public street furniture can have sensors embedded that monitor and respond in real time to their use. Interactive furniture can be part of a larger dedicated data system. It can inform relevant authorities if the power point is drawing excessive power, or if the noise level at this power point is too loud for the time of day and, in response, turn off the lights and the power.
Parameters can be tested and the calibration of use and user patterns can be explored in line with neighbourhood expectations. The system can then autonomously react to the data gathered.
Street furniture can be reconceived as connected and interactive appliances. These would then provide a gateway that gives people access to everyday utilities. And, by doing so, these new facilities could provide quasi-domestic-style amenity in the public realm, making the city a more equitable and welcoming place for all.
Christian Tietz is senior lecturer in industrial design at UNSW.
This article was originally published on <a href="https://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/people-friendly-furniture-in-public-places-matters-more-than-ever-in-todays-city-83568" target="_blank">original article</a>.
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People-friendly furniture in public places matters more than ever: Christian Tietz

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A grand manor on the Gold Coast has been listed for sale, now comes with slightly reduced asking price.
Re-built since last trading for a street record $4,025,000 in 2014, the Paradise Waters home sits at the point of the tightly held Buccaneer Court cul-de-sac overlooking the waterways.
<a href="https://www.realestate.com.au/property-house-qld-paradise+waters-126305082" target="_blank">The re-configured home at 31 Buccaneer Court</a>, which comes with plans to extend even further, has five bedrooms, six bathrooms and a separate library.
There's a hint of European chateau with a more contemporary up-state New York feel too, Ray White Broadbeach agents Sam Guo and Julia Kuo suggest.
They were looking for offers over $7 million for the three level home with internal lift, but now will accept $6.95 million.
The home is fitted with imported materials including French exterior shutters and Himalayan sandstone.
The main outdoor pavilion overlooks the heated pool with 10 person spa. A second balcony features with a custom-built outdoor gas fireplace and barbecue. 
The gardens spill on to a vast 43 metre long private white sandy beach with double boat ramp, shed and pontoon.
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Price reduced on Paradise Waters trophy home

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A 23 hectare land parcel on the eastern face of Mount Chincogan at Mullumbimby has been listed for sale by mortgagee in possession.
The parcel has been held in one ownership for decades.
It features "excellent plateau homesites" as well as massive stands of untouched mature eucalypts with all the attendant wildlife.
The location at <a href="https://www.realestate.com.au/property-other-nsw-mullumbimby-7931046" target="_blank">Lot 1 Midginbel Lan</a>e allows quick access to the Pacific Motorway, Mullumbimby or Ocean Shores shops, Brunswick Heads or New Brighton for the beach.
It is 20 minutes from Byron Bay and 40 mins to Coolangatta International Airport.
It is "without doubt a dress circle property ready for the creative touch", the marketing by Mark Cochrane at The Professionals suggests.
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Mortgagees list 23 hectare land parcel at Mt Chincogan, Mullumbimby 

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Mortgagees have secured the $572,000 sale of a five bedroom Mernda home.
Situated in a sought after pocket of Mernda, the neat home came complete with a well-appointed kitchen and open plan living design, large family and meals area.
The home was set on a 565 square metre block at <a href="https://www.realestate.com.au/sold/property-house-vic-mernda-126373358" target="_blank">24 Black Braes Boulevard</a>. The block had sold at $222,000 in 2015.
The home was marketed as suitable to first home and second home buyers plus investors. 
It came with $500,000 to $550,000 price guidance by Ray White South Morang.
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Mortgagees secure $572,000 Mernda sale

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Around 10 years ago, the internationally acclaimed architect Glenn Murcutt was approached to design a Palm Beach home by two expatriate Australian's living in London.
Their intention was to return to Australia wanting a house for their growing family, initially for use during weekends and holidays but later to become their main residence.
The result was <a href="https://www.realestate.com.au/property-house-nsw-palm+beach-125176958" target="_blank">Donaldson House at Palm Beach</a>, a house designed with sensitivity to the landscape, climate and seasons.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Murcutt4.jpg" alt="">
Surrounded by native bushland and with views to Pittwater, the home offers the best of a treechange and sea change within the Sydney basin.
The four bedroom home on Bynya Road was only completed in September last year. Circumstance now sees it listed for sale.
Sitting below a sandstone crop on a steep 715 sqm parcel that cost $830,000 in 2003, the home is almost invisible from the street.
The internal space measures 166 square metres with all living spaces and bedrooms configured on the north side of the house to take advantage of the northern sunlight. All its passageways are on the south side of the house.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Murcutt3.jpg" alt="">
The master bedroom and bathroom are on the upper level, as are the kitchen, dining and living space that extend to a partially covered veranda with views to the south and west.
Three bedrooms, a bathroom and laundry are on the lower level.
The interior has been described as a calm and tranquil space with white walls, sealed concrete floors and hoop-pine lined ceilings.
The windows open to the native trees and sandstone crops.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Murcutt2.jpg" alt="">
On one wall hangs a tapestry, Orion M.C. by Victor Vasarely, which originally hung in the public lobby of the Harry Seidler-designed Australia Square. The tapestry was sold in 2003 and an important brief for the Donaldson House was to find a place in the house where the tapestry could be well viewed.
A suspended concrete staircase descends from the top level of the two-storey house that located in a high fire-risk area.
Its design and construction specifically meets the standards and regulations, with reinforced concrete foundations, steel roof rafters and toughened glass throughout, and the exterior of the house is clad with black-weathered zinc.
The house is economical and sustainable with water storage tanks, solar panels and no air conditioning. Opal white interlayered laminate roof glazing is set over the main stairwell where it has externally mounted, electrically operated, adjustable louvers for controlling light and heat. The two tanks have a total capacity of 7500 litres to be used for the laundry, bathrooms and in case of fire.
Now Modern House agency are seeking offers with a guide price of $ 4.1 million. Palm Beach's median house for four bedders is $2.75 million, according to CoreLogic.
Murcutt is considered Australia's greatest living architect. He won the prestigious Pritzker Architecture Prize in 2002, one of the highest distinctions in architecture.
On its award Murcutt was described as being scrupulously energy conscious.
In announcing the jury’s choice, Thomas J. Pritzker, president of The Hyatt Foundation, said Murcutt was "a stark contrast to most of the highly visible architects of the day."
Pritzker said Murcutt's "works were not large scale, the materials he works with, such as corrugated iron, are quite ordinary, certainly not luxurious; and he works alone."
His modernist inspiration extends well beyond the work of Mies van der Rohe, to the Nordic tradition of Aalto and the Australian wool shed, it was suggested.
Noting an age obsessed with celebrity, the glitz of ‘starchitects,’ backed by large staffs and copious public relations support, the Pritzker Prize jury chairman, J. Carter Brown, commented Murcutt worked in a one-person office on the other side of the world from much of the architectural attention
His houses were testament that aesthetics and ecology can work together to bring harmony to man’s intrusion in the environment, the judges noted.
This article was first published in The Weekend Australian.
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Donaldson House at Palm Beach, a house designed by Glenn Murcutt still listed

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Mackay district mortgagees have listed what is being marketed as The Palace on Preston.
"It could be the most affordable home sold in Slade Point this year," the marketing by Explore Property agent Trevor Camilleri says.
The three bedroom home sits on a 607 sq m block.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Mackay2.jpg" alt="">
It last sold at $220,000 in 2005.
"Plaster + Paint + Polish = Profit," <a href="https://www.realestate.com.au/property-house-qld-slade+point-126670386" target="_blank">Camilleri suggests</a>.
It will be auctioned November 13.
The property is less than 7.5km to the CBD, and minutes to Harbour Beach and the entertainment precinct at Mackay Marina.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/1/Mackay3.jpg" alt="">
 
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Mackay mortgagees list the Palace of Slade Point

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Joel Robinson

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

A proposal to redevelop one of North Sydney's ageing commercial buildings has taken another step forward, with plans for a 38-storey mixed-use tower adding momentum to the long-awaited transformation of the Alfred Street precinct.

Now on public exhibition through the NSW Government's Housing Delivery Authority-led State Significant Development pathway, the proposal for 271-273 Alfred Street would replace an underutilised commercial building with 95 apartments, ground-floor retail, commercial space and affordable housing. The proposal was submitted by&nbsp;Tara Shore Pty Ltd, acting for the John Taylor Family Trust.

While the project will deliver much-needed housing on the southern edge of the North Sydney CBD, it also represents another piece of a broader precinct that has spent years in planning limbo.

<img alt="First look: New public domain vision underpins 95-apartment North Sydney tower on Alfred Street" data-entity-type="file" data-entity-uuid="7e1ce1b4-38df-48ab-992f-386814d86308" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Alfred%20St%20da%20podium.png?VersionId=sC_h6w.A9VEoB98qsqowPlIoz__sBZBt" />

Despite its proximity to both North Sydney Station and the Victoria Cross Metro, redevelopment of Alfred Street has progressed slowly over the past decade as broader planning controls, zoning and building heights remained unresolved. The introduction of the Housing Delivery Authority pathway has provided a new avenue for projects to progress, allowing rezoning and development assessment to occur concurrently and unlocking sites that have long been earmarked for renewal.

Designed by Office of Cortese &amp; Gilder, the proposal seeks to do more than replace an ageing office building. The architects have positioned the project as the first stage of a wider public domain vision that would improve pedestrian connectivity and create a more cohesive mixed-use precinct as neighbouring sites are redeveloped over time.

The proposal includes a widened Alfred Street setback, new street trees, landscaping and outdoor seating, along with a landscaped through-site pedestrian link connecting Alfred Street with Little Alfred Street. The connection is intended to become the first section of a future east-west pedestrian network extending across the precinct.

<img alt="First look: New public domain vision underpins 95-apartment North Sydney tower on Alfred Street" data-entity-type="file" data-entity-uuid="8ea39ac3-46ad-4562-b4a0-b862e91c2dda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Alfred%20St%20da%20site.png?VersionId=K7umCd21KpetEFuVfsPlnJKhUOsmTTdV" />

The mixed-use tower would comprise retail space at ground level, commercial uses on level two and apartments from level three upwards.

In total, the development would deliver 95 apartments, including nine one-bedroom, 28 two-bedroom, 56 three-bedroom and two four-bedroom residences. Twenty-one apartments, representing 15 per cent of the residential gross floor area, would be secured as affordable housing and managed by a registered community housing provider for at least 15 years.

Nine basement levels would provide 133 resident car spaces, seven motorcycle spaces and 111 bicycle spaces.

According to the Architecture and Urban Design Report, the public domain strategy is designed to transform what is currently an inward-facing commercial edge into a more active and connected pedestrian environment, creating a stronger relationship between the commercial core and surrounding residential neighbourhoods.

Office of Cortese &amp; Gilder has also prepared a broader public domain framework spanning neighbouring properties between 263 and 283 Alfred Street, arguing that a coordinated approach to redevelopment will deliver better public spaces, improved tower separation and a more connected streetscape as the precinct evolves.

The proposal comes at a time where North Sydney is slated for future residential growth. Commercial developer FiveX has residential plans for the neighbouring site at 275 Alfred Street. They've proposed a 39-storey mixed-use tower with 184 apartments, while Freecity was recently approved for nearly 300 apartments across a 51-storey building on Walker Street.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-freecity-gets-green-light-for-mixed-use-apartment-and-hotel-tower-in-north-sydney">First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-plans-39-storey-residential-tower-in-booming-north-sydney">First look: Fivex plans 39-storey residential tower in booming North Sydney</a>

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Alfred Street the latest North Sydney pocket to be transformed by residential development

Buyers considering a residence at boutique Gordon townhouse development <a href="https://www.apartments.com.au/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon-nsw-2072">Lume</a>&nbsp;now have another reason to bring forward their decision.

For a limited time, purchasers of a residence at Lume will receive a BMW iX3 50 electric SUV, valued at more than $120,000, as part of their purchase. The offer is designed to add value for buyers while complementing the lifestyle envisioned for the architecturally designed Upper North Shore development.

Scott Timmins, Development Manager at <a href="https://www.apartments.com.au/developers/winim">WINIM</a>, said the partnership was created to provide buyers with a compelling reason to act.

"In today's market, buyers need a compelling reason to act now, and the BMW partnership was designed to create that catalyst. We wanted to add genuine value for our future purchasers. Choosing the all-electric BMW iX3 50 also reflects the values behind LUME, forward-thinking design, innovation and a more sustainable way of living. It's a premium incentive that complements the lifestyle our buyers aspire to and rewards those who commit early."

[smartcode_project:default project_id=7354 project_image_fid=374893]

Delivered by WINIM in partnership with Burtonwood Investment Partners, Lume comprises 14 architecturally designed two, three and four-bedroom townhomes created for families seeking the space of a freestanding house with the ease of modern, low-maintenance living.

The three-storey residences, designed by award-winning architecture practice <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, have been tailored for families and multi-generational living, featuring private internal lifts, flexible lower-level spaces, generous open-plan living and entertaining areas, media rooms, and landscaped outdoor spaces with custom outdoor kitchens.&nbsp;

Inside, engineered oak flooring, bespoke dining joinery with integrated wine fridges and backlit bars, sculptural porcelain bathrooms, Parisi freestanding baths and Astra Walker tapware create interiors that balance functionality with refined finishes.

Each townhome has been designed to combine generous internal spaces with sustainability initiatives such as EV charging infrastructure, while <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>'s landscaped communal areas, centred around a restored creek line and native planting, encourage residents to connect with nature and spend more time outdoors.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Rothelowman's Gary Tsui said the architecture was conceived to respond carefully to its Upper North Shore setting.

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings."

The communal landscape has been designed as more than an open space between homes. Arcadia's Ben Newell and Kate Phillips said the adjoining reserve provided an opportunity to create a distinctive natural retreat for residents.

"Just as waterways carve their way through Ku-ring-gai's landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis."

[smartcode_project:default project_id=7354 project_image_fid=374892]

Located just 300 metres from <a href="https://www.apartments.com.au/developments/gordon-nsw-2072">Gordon</a> Village and Gordon railway station, Lume offers convenient access to Sydney's CBD while placing residents close to some of the North Shore's leading schools, including Ravenswood, Pymble Ladies' College and Knox Grammar. Lane Cove National Park, Gordon Golf Club and a range of cafés and restaurants further reinforce the family-focused lifestyle on offer, with the BMW iX3 50 complementing everything from local trips around Gordon to weekend drives and city commutes.

Construction is underway with completion expected in mid-2027.

[smartcode_project_cta:default project_id=7354]

Boutique Gordon townhomes now come with a BMW iX3 50

Two apartments have sold for more than $10 million at EADE Byron Bay, setting some of the highest apartment prices ever achieved in the coastal town and underlining the growing appetite for luxury beachfront apartments in Australia's most popular coastal locations.

The $210 million project by Vitale Property Group has now secured more than $70 million in sales, led by residences that changed hands for $12.75 million and $11.75 million.

The record-breaking transactions reinforce the shift occurring in Byron Bay's premium property market, where affluent downsizers and lifestyle buyers are increasingly opting for high-end apartments over large beachfront homes.

<a href="https://www.apartments.com.au/new-apartments/eade-byron-bay-29-shirley-street-byron-bay-nsw-2481">EADE Byron Bay</a> occupies a rare 6,000 sqm absolute beachfront site on the corner of Shirley and Milton Streets overlooking Main Beach and The Wreck surf break, just 350 metres from Byron Bay's town centre.

The 25-residence development is the first beachfront apartment project approved in Byron Bay in more than a decade and is currently under construction, with completion expected in May 2027.

[smartcode_project:default project_id=145590 project_image_fid=359521]

The project has attracted a mix of local Byron Shire residents downsizing from larger homes, alongside interstate buyers from Sydney, Melbourne and Brisbane seeking a permanent coastal lifestyle without compromising on space.

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a> and with interiors by <a href="https://www.apartments.com.au/interior-designers/alexander-co">Alexander &amp; Co</a>, EADE comprises&nbsp;10 garden apartments ranging from 284 sqm to 622 sqm, nine with private pools, five full-floor apartments and 10 rooftop residences with private plunge pools, expansive outdoor entertaining areas and uninterrupted ocean views.

[smartcode_project:default project_id=145590 project_image_fid=359527]

<a href="https://www.apartments.com.au/developers/vitale-property-group">Vitale Property Group</a> Managing Partner Chris Vitale said the project's combination of scale, location and limited future supply was driving buyer demand.

"There isn't another beachfront holding in Byron Bay of this size and position that could be developed again," Vitale said.

"Buyers are responding to the scarcity and the irreplaceability of a site of this calibre and to floorplans they can't find elsewhere in the market.

"We are seeing buyers place significant value on quality, space, design, resort-style amenities and the rarity of the location. The sales achieved to date demonstrate that discerning purchasers recognise the long-term significance of what is being created at EADE Byron Bay.

"Many are coming from larger homes in the Byron region, or from Sydney, Melbourne and Brisbane, and are after the space, security and convenience, without the upkeep of a house."

&nbsp;

[smartcode_project:default project_id=145590 project_image_fid=359523]

The Byron Bay project follows Vitale Property Group's delivery of the Mondrian Hotel and Private Residences at Burleigh Heads, with EADE continuing the developer's focus on luxury coastal developments.

Residents will have access to a resort-style swimming pool, gymnasium, sauna, cold plunge pool, concierge services and dedicated workspaces, while the project is targeting an 8-Star Green Star rating.

EADE Byron Bay is being exclusively marketed by Projx Australia in conjunction with WHITEFOX Projects.

WHITEFOX National Projects Director Phillip Rand said demand had been driven predominantly by owner-occupiers.

"We are seeing buyers at EADE place significant value on quality, space, design, resort-style amenities and the rarity of this location," Rand says.

"The sales achieved to date demonstrate that purchasers at this level recognise the long-term significance of what is being created at EADE Byron Bay."

Residences at EADE Byron Bay are currently priced between $4.75 million and $15.95 million.

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[smartcode_project_cta:default project_id=145590]

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