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Baulkham Hills and Hawkesbury had the highest weekend auction clearance rate, according to CoreLogic’s latest report.
The property data firm says that out of the 17 auctions in the area 94.1% resulted in a successful outcome.
This was followed by the Eastern Suburbs with 84.2 percent and Ryde with 82.6 percent.
<a href="https://www.propertyobserver.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%2010.23.11%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/07/17/Screen%20Shot%202017-07-17%20at%2010.23.11%20am.jpg" alt="">
A three bedroom townhouse at <a href="https://www.realestate.com.au/sold/property-townhouse-nsw-baulkham+hills-125685626" target="_blank">4/2A Christopher Street</a>, Baulkham Hills (above) was sold over the weekend for $1,087,500.
Built in 2000 it was last sold in 2006 for $490,000.
A three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-castle+hill-125745482" target="_blank">18 Bimbil Place</a>, Castle Hill (below) was sold for $1.63 million.
Built in 1950 it was last sold in 2013 for $1.024 million and in 2002 for $430,000.
<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/2017/07/17/18%20Bimbil%20Place.jpg" alt="">
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j.ballantyne1990-6AQqhLzZaK

Baulkham Hills and Hawkesbury clear 94 percent of weekend auctions: CoreLogic

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The Outer East Melbourne region had the highest auction clearance rate over the weekend, according to CoreLogic’s latest report.
The property data firm says that out of the 55 auctions in the Outer East region 90.9% resulted in a successful outcome.
This was followed by the South East with 86.2% and North West with 83.6%.
<a href="https://www.propertyobserver.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%2010.23.18%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/07/17/Screen%20Shot%202017-07-17%20at%2010.23.18%20am.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-wantirna+south-125727574" target="_blank">42 Argyle Way</a>, Wantirna South (above) has been sold for $1.045 million.
Built in 1990 the property was last sold in 2011 for $462,500 and in 2003 for $295,000 while the land was sold in 1979 for $40,000.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-ferntree+gully-125727006" target="_blank">42 Bryden Drive</a>, Ferntree Gully (below) was sold for $850,000.
Built in 1985 the property was last sold in 2014 for $525,000, 1994 for $130,000 and in 1986 for $92,500.
<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/2017/07/17/42%20Bryden%20Drive.jpg" alt="">
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Outer East Melbourne scores 90% auction clearance rate: CoreLogic

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Wollongong has the highest weekend auction clearance rate, according to CoreLogic’s latest report.
The property data firm says that out of the 16 auctions in Wollongong 81.3% resulted in a successful outcome.
This is followed by Geelong with 72.7% and Sunshine Coast with 66.7%
<a href="https://www.propertyobserver.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%2010.23.26%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/07/17/Screen%20Shot%202017-07-17%20at%2010.23.26%20am.jpg" alt="">
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-newtown-125737434">31 Clarendon Street</a>, Newtown (above) was sold for $725,000.
The property was last sold in 1999 for $135,000.
A two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-vic-belmont-125740126">38 Kardinia Street</a>, Belmont (below) was sold for $415,000.
Built in 1920 the property was last sold in 1976 for $24,900.
<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/2017/07/17/38%20Kardinia%20Street.jpg" alt="">
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Geelong scores second highest weekend auction clearance rate: CoreLogic

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Some 72.9 percent of the 660 Sydney auction listings were sold, up from last weekend, when the final clearance rate for the city was 68.6 percent.
Melbourne was the best performing city with 77.4 percent of the 667 results recording a successful result.
Adelaide was strong too with a 75 percent clearance rate.
The national auction volumes were down for the fourth consecutive winter week, with school holidays contributing to the reduced stock levels, according to CoreLogic's latest report.
However the auction clearance rate has risen.
The number of homes taken to auction across the capital cities with just 1,612 auctions held this week, down from 1,766 last week,
It was higher than this time last July when 1,391 properties went under the hammer.
The combined capital city preliminary clearance rate increased to 72.4 percent this week, up from the final clearance rate of 68.4 per cent last week, although this will revise as more results are collected, CoreLogic auction analyst Kevin Brogan said.
Sydney's Baulkham Hills and Hawkesbury region recorded the strongest clearance rate of 94.1 percent across 21 auctions, followed by the Eastern Suburbs (84.2 percent).
Melbourne's strongest clearance rate was recorded across the Outer East, with 90.9 percent of the 55 reported auctions clearing, followed by the South East region with a clearance rate of 86.2 percent.
At Northcote the house of Collingwood AFL midfielder Levi Greenwood was passed in at $1.28 million, but sold shortly afterwards to the highest bidder for $1,307,500.
The single-fronted Edwardian on <a href="https://www.realestate.com.au/property-house-vic-northcote-125754366" target="_blank">Arthurton Road </a>(above) was bought unrenovated in late 2014 for $725,000, shortly after joining the Pies from North Melbourne.
Its Ray White Northcote selling agent Angelo Bafunno had quoted $1.25-$1.35 million for the house, which features a self-contained two-bedroom bungalow at the back.
There were 116 Brisbane homes taken to auction, with 87 results reported so far.
The preliminary clearance rate for Brisbane was 44.8 per cent, down from 55.7 per cent last week and lower than one year ago, when 47 per cent of the 120 properties taken to auction were successful.
The nation's cheapest mainland result was a <a href="https://www.realestate.com.au/property-house-qld-haigslea-125740370" target="_blank">three bedroom Haigslea house </a>(below) near Ipswich that sold for $277,000.
<img src="https://www.urban.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%209.20.22%20AM.png" alt="">
Located at 304 Haigslea Malabar Road, the house sat on a 3843 sqm block with paddock views which last traded in 2012 at $325,000.
There was <a href="https://www.realestate.com.au/property-house-tas-riverside-125815470" target="_blank">a $160,000 one bedroom house sale</a> (below) at Riverside, near Launceston in Tasmania.
<img src="https://www.urban.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%209.21.18%20AM.png" alt="">
The top sale around the nation was in Sydney when a harbour-view five bedroom house at Balgowlah Heights sold for $3.55 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-balgowlah+heights-125617790" target="_blank">15 Fisher Street</a>, (below) the 841 sqm property has a 1980s house was was last sold in 2015 for $2.875.
<img src="https://www.urban.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%209.22.28%20AM.png" alt="">
The property was offered through Clarke &amp; Humel Property agents Kingsley Looker and Michael Clarke.
This week, Adelaide saw a preliminary clearance rate of 75 percent, with 36 reported results across a total of 65 scheduled auctions.
In comparison, over the previous week Adelaide’s clearance rate was 59.6 per cent and 54.7 per cent one year ago.
Adelaide prices ranged between $300,000 and $781,000.
A three bedroom 1960s house on 800 sqm at Marryatville sold for $781,000 at <a href="https://www.realestate.com.au/property-house-sa-marryatville-125761978" target="_blank">1 The Crescent</a> (below).
<img src="https://www.urban.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%209.23.25%20AM.png" alt="">
A three bedroom Ingle Farm house sold for $300,000 making it Adelaide’s cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-sa-ingle+farm-125768690">3 Haydn Street</a> (below), the property marketed to first home buyers, investors and downsizes last sold in 2006 for $178,000.
<img src="https://www.urban.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%209.24.13%20AM.png" alt="">
There were 33 Perth auctions this week and so far 18 results have been reported, with 44.4 percent selling.
Canberra’s preliminary auction clearance rate of 72.7 percent across 39 auctions is higher than both last week, when the final auction clearance rate was 62.7 percent, and last year (63.3 percent).
In Yarralumla four bidders competed for <a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/arkana-street-yarralumla-canberra/1317347820311" target="_blank">3B Arkana Street</a> (below), a five-bedroom house on a 1393-square-metre block with resort-style facilities, which Domain reported sold for $2.46 million
<img src="https://www.urban.com.au/images/2017/07/17/Screen%20Shot%202017-07-17%20at%209.25.25%20AM.png" alt="">
Tasmania saw six auctions take place this week and five results have been reported so far, with three sales.
 
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National auction volume down for fourth consecutive winter week

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A sought-after three bedroom Balwyn house has been sold for $2.33 million.
Located at <a href="https://www.realestate.com.au/sold/property-house-vic-balwyn-125725170" target="_blank">92 Winmalee Street</a>, the property was offered for the first time in 40 years.
Built in 1970 the property was last sold in 1978 for $102,000.
Elevated on a 656 sqm allotment it has a northernly view with the potential for a multi-unit or luxury new home site (STCA).
The Whitehorse Road shopping, 109 tram and Beckett park are only a short stroll away.
<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/2017/07/16/92%20Winmalee%20Road-2.jpg" alt="">
The property was offered through Jellis Craig agents Sue Wooldridge and Julian Tonkin.
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Balwyn house sold for $2.33 million

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The fund manager Iain Gray has sold the Achill West grazing property near Armidale to local beef producers, Marengo Pastoral Company.
The New England Property has been sold on a “walk in, walk out” basis for an undisclosed price. It was put up for sale in October last year with expectations of between $8 million and $8.5 million.
Originally part of the well known New England’s Coventry families fine wool empire, Achill West comprises 2,216.06 hectares (5,473.67 acres) of predominantly open undulating but well sheltered grazing country.
The buyers, Marengo Pastoral Company already have a large beef cattle operation to the east of Ebor, near Hernani.
They currently run approximately 800 breeding cows and turning off up to 3,000 cattle per annum.
The purchase of Achill West will allow them to further develop their beef cattle operation by utilizing Achill West as their main breeding holding, running 1,000 breeding cows plus followers, including the Achill West Angus herd together with some of their own cows. One of the features of Achill West is its proximity to markets – 3 abattoirs within 165km radius and 3 major feedlots within 220km radius.
Enabling them to maximize their beef cattle returns, the previous owners have been producing a percentage of Wagyu cross calves in recent years from their (up to) 800 quality Angus breeding cows for the lucrative Japanese market, Chris Meares at Meares &amp; Associates said.
“The purchase of the well managed and developed Achill West by the Marengo Pastoral Company is a further example of vertical integration of breeding and fattening enterprises in the cattle industry. The concept behind the purchase is that Achill West will become the “breeding factory” for the owners, with Marengo to the East, with its higher rainfall, heavy basalt soils and maritime climate becoming the “fattening factory” for the operation.”
Ownership of Marengo Pastoral is shared between David Cobcroft, managing director at Sydney-based Alukea Commodities, Warwick Negus, a director at ASX-listed investment firm Washington H. Soul Pattinson and his wife Louise, and the superannuation fund of Robert and Samuel Mayer, who run F. Mayer Imports, a major food supplier.
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Iain Gray sells New England property, Achill West

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A new report from UBS has forecast a slump in house price growth next year, but no crash.
The investment bank's report forecast that the correction would see annual house price growth to fall from 10 per cent now to 7 per cent by the end of 2017.
It will further reduce next year with growth forecast between zero and 3 per cent in 2018.
"We 'called the top' [in April] and now have increased confidence a correction is unfolding, but still don't see a crash," said economists George Tharenou and Scott Haslem.
"Looking ahead, price growth has likely already peaked, and we still see moderation ahead, amid record supply/completions, poor affordability and rising mortgage rates.
"But, we still don't see prices dropping given booming 'people' growth," the UBS economists said.
The economists expect both building commencements and construction activity to have a "sharp downturn until at least the end of 2018, but said the lack of RBA rate hikes "reduces the chance this becomes a crash where commencements plunge to prior cycle lows closer to 130,000 (a year) which would then see a weaker labour market and falling prices". 
Last month the UBS chief economist for Australia and New Zealand, Scott Haslem announced he was resigning from the investment bank after 19 years.
The internal replacement was named as George Tharenou will be taking over the role from Mr Haslem, who will be pursuing opportunities outside sell-side research, UBS said in a statement.
Mr Tharenou has been at UBS since 2006, and has previously worked in the Reserve Bank of Australia and Queensland Treasury.
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UBS says population growth to thwart property prices going backwards

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A four bedroom Newtown, NSW Victorian terrace has been listed with $3 million plus hopes.
Located at <a href="https://www.realestate.com.au/property-house-nsw-newtown-125790158" target="_blank">33 Georgina Street</a>, the 321 sqm property is situated high on Newtown’s dress circle opposite Hollis Park.
Built in 1885, it was bought in 2011 by Nikki and Benje Kemp for $2.37 million.
It had previously sold in 2001 for $1.35 million, 1999 for $1.065 million and $632,000 in 1994 and in 1987 for $220,000.
The living and dining rooms are warmed by marble gas fireplaces while the chef’s kitchen has it’s own gas cooktop as well as marble and timber finishes.
<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/2017/07/10/33%20Georgina%20Street-2.jpg" alt="">
The master suite features a dressing room, balcony and spa bath while the top level has space for a bedroom, ensuite and kitchenette.
The ground level self-contained apartment has its own private entrance and study.
Other features includes a deck, sandstone courtyard and garage.
The auction is on July 29 through Urbane Property agents Prue Holcombe and Charles Bailey.
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Victorian Newtown terrace listed for $3 million plus

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Developer Hyecorp Property Group are set to build a six storey residential development in Sydney's southern suburb of Sutherland.
The 33 apartment development, named Sia, is located at 66 Glencoe Street features  one-bedroom apartments range from $585,000 to $625,000, two-bedroom apartments priced from $770,000 to $840,000 and three-bedroom penthouse apartments ranging from $1,100,000 - $1,200,000.
Stephen Abolakian, managing director, Hyecorp Property Group said Sutherland was the obvious choice for the group when deciding where to build their first project outside of the lower north shore.
“Hyecorp is now a fast-growing company and there is a limited amount of development sites in the lower north shore, where we have been primarily active,” he says.
“When we were researching which area to expand into, Sutherland was a standout.
"It’s a low-risk area, it’s well-established with a strong population and there is high demand for the right kind of properties.
“We believe Hyecorp is well-placed to fill the gap in the market and the deliver for what Sutherland residents are looking for and Sia is a great example of this.
"We are offering high quality apartments in an area that has all the infrastructure and amenities that residents could want,” he says.
George Benlian, director of sales and acquisitions Hyecorp Property Group said Sia’s pricing was set before the State Government announced its housing affordability package and the company is hoping the development will attract a diverse range of buyers.
“Sutherland doesn’t have a lot of new stock that comes up – the availability of new apartments is very limited,” he says.
“So we anticipate there will be plenty of local buyers and investors attracted to Sia, as well as strong interest from first home buyers from other parts of Sydney, given the generous stamp duty concessions in the Government’s housing affordability package.
“Sutherland is an area that definitely has the potential for more density and growth in the medium-long term, so Hyecorp is thrilled to be coming into the community at this point in time.”
Hyecorp’s in-house architect Troy Kassabian says key to the design of Sia was maximising both the indoor and outdoor space of each apartment.
“The balconies and outdoor areas are really a continuation of the indoor living spaces to make the most of the views, the breeze and the natural light,” he says.
“Hyecorp prides itself on our attention to detail. For example, the apartments all feature full- size pantries with spice racks, high-quality Bosch appliances, ducted reverse cycle air- conditioning, gas points, high ceilings, high windows and shadowline cornices to include a sense of luxury.”
The grand opening of Sia’s full-fitted display apartment will be held on Saturday 29th July 2017 from 10am to 2pm at level 1, 49-51 Eton Street, Sutherland.
The display apartment will be open Thursdays to Sundays from 10am to 2pm following the grand opening.
For more information <a href="https://www.siasutherland.com.au/" target="_blank">click here</a>.
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Hyecorp Property Group's Sia set for Sutherland

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For the second week in a row, Reservoir in Melbourne will be the busiest suburb for auctions, with 15 scheduled this weekend, followed by Mount Waverley (14), St Albans (13), Craigieburn (11) and Greensborough (10), all of the top suburbs for auctions this week are in Victoria.
CoreLogic is currently tracking 1,477 auctions across the combined capital cities.
It is expected that the number of properties scheduled to go under the hammer this week will be lower than the 1,766 auctions held last week, however higher than the 1,391 auctions held over the corresponding week last year.
In Australia’s two largest auction markets of Melbourne and Sydney, activity is lower week-on-week, with 683 homes scheduled to go to auction across Melbourne, down from the 818 auctions held last week, and Sydney set to host 561 auctions, decreasing from 656 auctions last week.
Across the smaller auction markets, it is expected that the remaining capital cities will also see a decrease in volumes this week.
Canberra will see the most notable decrease in activity with 42 per cent fewer auctions scheduled this week compared to the week prior, followed by Tasmania (-40%), Perth (-32%) and Brisbane (-12%), while in Adelaide volumes are only slightly lower (-2%).
A three bedroom house at <a href="https://www.realestate.com.au/property-house-vic-reservoir-125756862" target="_blank">107 McFadzean Avenue</a>, Reservoir (above) will be auctioned this weekend for between $650,000 to $695,000.
Similarly a two bedroom apartment at <a href="https://www.realestate.com.au/property-apartment-vic-reservoir-125756878" target="_blank">6/767 High Street</a>, Reservoir (below) will be auctioned for between $410,000 to $450,000.
<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/2017/07/14/6_757%20High%20Street.jpg" alt="">
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Reservoir again set to be the nation's busiest auction suburb: CoreLogic

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."

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[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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