A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Rather than concentrating landscaping in a single resident area, the plans integrate planting across the building. Mature trees at the Cordeaux Street corner will be retained, with communal landscaped open space proposed at ground and upper levels alongside deep-soil planting and increased tree canopy coverage.

The building will have two residential entries, one from each street frontage, feeding into a central core with three lifts. Vehicle access is consolidated separately, with the basement entry positioned at the lower part of the site.

Doroch's design report shows 101 of the 139 apartments, or 72.6 per cent, receiving more than two hours of solar access, while 84 apartments achieve natural cross-ventilation. Twenty-eight apartments will incorporate Liveable Housing Australia Silver-level provisions, and every habitable room is designed with a window in an external wall.

The 2016 approval it will replace has never been built, leaving the corner of Cordeaux and Moore-Oxley streets as one of the more prominent unrealised sites in a city centre now being pushed toward higher-density renewal.

Joel Robinson

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

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Maréa Residences brings parkside apartments to Coolangatta

Auction

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The Gold Coast had close to 100 auction offerings offered under the hammer yesterday in Ray White's 24th annual big January auction, The Event.
The auction saw a clearance rate of nearly 50 percent, with a total of $19 million in property sold under the hammer.
There were 230 registered bidders over the day, with homes selling from $118,000 to $1.1 million.
The highest price paid under the hammer was $1.1 million for a three-bedroom apartment at Rivage Royale, in Southport. Similar units have sold for $1.2 million in recent times.
A five-bedroom waterfront home at Biggera Waters, north of Southport, sold for $1.01 million
The lowest sale was $118,000 for a hotel suite at <a href="https://www.realestate.com.au/property-unit-qld-surfers+paradise-128374418" target="_blank">Mantra on View in Surfers Paradise</a> through Glenn Shillig.
The unit comes fully furnished.
There is another in the same block for sale by private treaty at $135,000, with recent sales from $110,000.
The body corporate fee is $65 per week, council rates $62 per week and water $25 per week. 
All electricity and building insurance is fully paid by the hotel operator.
Owners have the benefit of staying up to 28 days and pay only 12% of the room tariff plus an exit cleaning fee of $69.50.
A recent offering suggested rental income was $14,500 pa.
A one-bedroom unit at Southport was declared on the market at $190,000, and sold at $195,000.
More than 2000 people passed through the doors of the Royal Benowa Ballroom at the RACV Royal Pines Resort throughout the day with an even split between Gold Coast and interstate buyers.
RWSP CEO Andrew Bell said the atmosphere in the room was the "most energetic we’ve seen in some time."
“The level of enquiry for The Event was significantly more than we anticipated, with some properties receiving between 80 to 100 inspections over the marketing campaign, and others a very healthy 40 to 50 inspections,” he said.
Mr Bell identified two significant groups of buyers.
“The first was locals looking to upgrade or downgrade or simply enter the market for the first time as they’ve found prices more attractive. 
“The second, almost equally sized group, were the migrating baby boomers out of the southern states who have been buying Gold Coast property at unprecedented levels.” 
The mix did not include many oversea buyers.
Younger bidders picked up many of the offerings which averaged around $400,000.
One young couple secured a three-bedroom, two-bedroom entry-level property at Ashmore, inland from Surfers Paradise, at $498,000.
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Ray White Surfers see energetic auction bidding at The Event 2019

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Following their recent move to Canberra, the owners of a family home on a 2.02 hectare parcel of land with views across the Yass Valley and surrounds, are hoping the recent popularity of the town will entice more buyers to their upcoming auction.
The home at 108 Kirkton Road, Yass is one of a number of properties looking to benefit from the surge of interest in relocating to the community of Yass.
According to commercialrealestate.com.au data, Yass is the most searched area in rural Australia followed by Goulburn, Mildura, Bathurst and Cooma.
Rounding out the top 10 were McLaren Vale in South Australia, then the central west towns of Orange, Dubbo and Mudgee. Singleton in the Hunter Valley ranked tenth.
Ray White Yass and Rural Canberra agent Dominic Johns said "Yass has become gradually more and more attractive to non-locals".
"We’re only 10 minutes to Murrumbateman, half an hour to Canberra. You can create a rural lifestyle and the quaint community with all benefits of being within a short commute to the cation’s capital," he noted.
Yass is a historic town within the capital region, which has seen a growth rate of 11.6% within the last year, Johns said.
The home features a large kitchen which opens into formal and casual living areas, plus the five acres are fenced into paddocks and a house yard, ideal for a couple horses or a few sheep.
There’s also a large shed with room for vehicles and storage.
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Johns said there was water as not an issue on the property.
"155,000 litres of storage is available from three tanks," he said.
"A community bore also connects water to the property, plus a licensed private bore is on the property.
"The home is kept comfortable year round with ducted gas heating as well as evaporative cooling."
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The auction is scheduled for 15 November in the Old Parliament House.
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Yass family home auction set for auction in Old Parliament House

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Across Australia’s largest auction market of Melbourne the performance across the individual property types is quite interesting, according to the latest CoreLogic Property Pulse. 
Clearances rates have been tracking higher for houses compared to units for most of 2017, while this year has seen results in contrast of this with units the better performer
It suggests there were 4,588 houses taken to auction over the past 8 weeks with just over half selling (50.5%), while units show a higher 58.7% success rate across 2,230 auctions so far this spring. 
Over the corresponding period last year, a significantly higher 72.4% of Melbourne houses sold at auction and units saw a clearance rate of 69.3%, which happened to be over the period just prior to the peak in Melbourne dwelling values.
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Melbourne apartments selling at auction better than houses: CoreLogic

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A Richmond commercial property has sold under the hammer for $9,920,000.
John Nockles and Ian Angelico of CVA in conjunction with CBRE sold the property at 157-161 Burnley Street, Richmond.
The sale reflected a yield of 2.8%.
There was bidding from six bidders in front of a crowd of about 150 people.
Situated on 1,381 square metres, the property features triple street frontage.
It came with liquor licence.
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Burnley Street, Richmond commercial property fetches $9.92 million under the hammer

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Jeff Xu's Golden Age Group has put to market the freestanding McKillop House on one of Melbourne’s laneways.
CBRE has the listing of the 12-14 McKillop Street property, located between Little Collins Street and Bourke Street.
It comprises a freestanding, five level Manhattan-style building over 1706 square metres featuring bespoke floors of 250 square metres and large industrial style windows.
The 361 square metre corner site has 22 metres frontage ideal for a diversity of uses including retail, hospitality, office, hotel and/or residential.
The property will be auctioned October 12 at 12.30pm on site, next door to the ISPT-Brookfield Foundry project.
It last sold at $11.55 million in 2015.
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Jeff Xu lists Melbourne laneway holding McKillop House

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The busiest suburbs for auctions this weekend are all in Melbourne. 
Topping the list with 16 scheduled auctions is Reservoir, followed by Bentleigh East with 13 and Glenroy with 11, while Craigieburn and Mount Waverley will host 10 auctions each this week.
Upcoming auctions
Auction activity is expected to remain relatively subdued this week with 1,155 homes scheduled for auction across the combined capital cities, similar to the 1,178 auctions held last week, although lower than this time last year when 1,748 homes were taken to auction.
Looking at the individual capital cities, auction volumes are similar week-on-week with Melbourne and Tasmania set to see an increase in the number of homes taken to auction while Canberra is expecting no change in auction volumes.
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Melbourne is set to be the busiest auction market this week, with a total of 569 homes scheduled for auction, similar to last week when 559 auctions were held across the city but lower than 12 months ago when 833 homes went under the hammer in Melbourne.
In Sydney, 386 homes are currently scheduled for auction this week, down from 408 last week and lower than the same week last year when 625 auctions were held across the city.
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Summary of Last Week’s results
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Last week saw 1,178 homes taken to auction across the combined capital cities, returning a clearance rate of 52.0 per cent after the previous week recorded a clearance rate of 52.6 per cent across 1,411 auctions. Over the same week last year, 1,627 homes were taken to auction and the clearance rate was a stronger 69.4 per cent.
Melbourne’s final clearance rate came in at 56.2 per cent across 559 auctions lastweek, similar to the previous week when 631 auctions were held and a clearance rate of 56.1 per cent was recorded. This time last year auction volumes were higher across the city with 756 homes going under the hammer returning a clearance rate of 74.9 per cent.
Sydney’s final clearance rate dropped to 46.9 per cent last week across 408 auctions, the lowest clearance rate the city has seen since December 2012. In comparison, 552 auctions were held across Sydney over the previous week returning a clearance rate of 50.1 per cent while this time last year, 609 homes went under the hammer, returning a clearance rate of 69.2 per cent.
Across the smaller auction markets, clearance rates improved everywhere except Brisbane. In terms of volumes, Adelaide was the only city to see an increase with an additional 8 homes taken to auction over the week.
Of the non-capital city markets, the Hunter region recorded a 70.6 per cent final auction clearance rate across 17 results, followed closely by Geelong where 70.4 per cent of the 27 auction results were successful.
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One upcoming auction in Reservoir is a Henty St two bedroom townhouse which has been listed for $475,000 to $420,000 (pictured below).
It has been offered by Marc Romeo from Barry Plant.
<a href="https://www.realestate.com.au/property-townhouse-vic-reservoir-128754662" target="_blank">Located at 7/84-86 Henty St</a>, the double storey townhouse comes with two bedrooms, modern kitchen, spacious courtyard and lock uo garage.
It is currently leased at $ $1,651 P.C.M.
 
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Another Banbury Rd three bedroom house priced at $610,000 to $670,000 also has been schduled for auction on July 21.
It has been offered by Phil Peros and Ken Gu from Love&amp;Co.
Set on a 456sqm allotment,<a href="https://www.realestate.com.au/property-house-vic-reservoir-128647510" target="_blank"> 62 Banbury Rd</a> features three bedrooms, family sized eat-in kitchen, large living room, and sleek bathroom. 
Additional features include carport, garage, storeroom and alfresco area.
It is close to Edwards Lake and the station. 
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Reservoir tops winter weekend auction activity again: CoreLogic 

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An actor hoping to break into auctioneering won the final of the 2018 REINSW Novice Auctioneers Competition last night.
REINSW President Leanne Pilkington said the Novice Auctioneers Competition raised more than $25,000 for suicide prevention awareness charity, R U OK. “The 2018 Novice Auctioneers competition was a great success with more than 30 auctioneers battling it out over the course of the event,” Ms Pilkington said.  “Winner, Oliver Burton, of Kensington, who took out the Inner West heat to gain entry into the final was polished, professional and well prepared,” Ms Pilkington said.  
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“I am looking forward to beginning my auctioning career and am thankful for REINSW for creating an opportunity to introduce me to the industry,” he said.  The Novice Auctioneers Competition is an annual event for REINSW and is open to entrants over 16 who live in NSW who have not completed more than six auctions in the past 12 months or more than eight in their career. 
They must also have no more than six months experience as a livestock or chattel auctioneer.  
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Actor Oliver Burton takes out 2018 REINSW Novice Auctioneers Competition 

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The eastern suburbs has picked itself up after a couple of slow weeks, clearing over 65 percent of its 90 auctions.
But Ryde was a stronger performer.
Click here to enlarge.
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A Ryde two bedroom unit was sold prior to the auction for $600,000 (pictured below).
<a href="https://www.realestate.com.au/sold/property-unit-nsw-ryde-128429130" target="_blank">Located at 9/22 Price St</a>, the renovated home comes with two good sized bedrooms, balcony with views of Chatwood, modern kithchen and combined loundge and dining. 
Last traded for $246,000 in 2001, the apartment features an updated bathroom.
It's situated within close proximity to Ryde City Shopping Centre.
<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/2018/6/18/ryde%201.jpg" alt="">
Another Ryde three bedroom house has been sold prior to the auction last week for $1.36 million (pictured below).
Nestled on a 562sqm block, <a href="https://www.realestate.com.au/sold/property-house-nsw-ryde-128362014" target="_blank">the 22 Callaghan St </a>home contains formal and casual living areas, three carpeted bedrooms, and lock-up garage.
Extra features include air conditioning, ceiling fans, floorboards under carpet and potential city views from second storey rebuild.
It's conveniently located a walk to city buses, Ryde East Public School and parkland, and just minutes from Macquarie Centre and Macquarie University.
<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/2018/6/18/RYDE%202.jpg" alt="">
 
 
 
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Sydney stuck in the 50s with Ryde its best auction location performer 

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The Cole family have listed their Woollahra home following the recent death of Ann Cole, the widow of Graham Cole, the 1983 founder of the Cole Classic.
There's an image of the big race competitors in the kitchen at the Moncur Street home that goes to June 23 auction.
Aged 71, Graham Cole died soon after his morning dip at Bondi in December 1999, promoting Sunday Telegraph columnist Piers Akerman to note the Classic was "not so much a race but a personal challenge, an opportunity for individuals to quietly enjoy a sense of personal achievement at being part of a great event".
When Cole was working to establish the first Cole Classic in 1983, he explained it was be a trigger for "persons to involve themselves in the self-discipline required to get fit; obtain confidence in their ability through swimming, to achieve pride in having performed something that is, perhaps, slightly above average".
The Woollahra home was bought in 1996 for $780,000 after the couple sold their Vaucluse home that was designed by the noted architect Professor Leslie Wilkinson. 
Jeanette Ann passed away peacefully at home in January this year aged 84 years. They had three boys, Walter, Christopher and Nicholas.
There's just the two bedroom at the home which has a Georgian-style facade. There's a romantic walled garden and self-contained studio.
This article first appeared in The Sunday Telegraph. 
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Graham Cole's Woollahra home on the market

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A quarterly analysis produced by CoreLogic on auction market activity showed the combined capital city auction clearance rate of 64.6 per cent over the March 2018 quarter, was up slightly from 62.3 per cent over the December 2017 quarter.
All cities apart from Perth and Tasmania recorded an increase in auction clearance rates over the quarter; Perth rates dropped -5 per cent and Tasmania by -6.4 percent.
In contrast, Sydney recorded the largest increase, up from 57.7 per cent to 63.6 per cent while Melbourne recorded the highest clearance rate at 68.4 per cent, up from 68.1 per cent the previous quarter, followed by Canberra at 67.9 per cent.
Although the combined capital city clearance rate increased over the March quarter, a comparison to March 2017 showed that the clearance rate fell by 10.2 per cent, while at the same time, auction volumes have increased by 1,460 across the combined capital cities.
CoreLogic research analyst Cameron Kusher said the drop in auction volumes over the March quarter was expected given the auction market doesn’t usually pick up until early February.
“While clearance rates have increased relative to the December 2017 quarter, clearance rates are well down on a year ago. This reflects the much tighter lending conditions now in place and the fact that in the two most auction-centric markets (Sydney and Melbourne) dwelling values are now falling,” Mr Kusher said.
Although the week ending 25th March recorded the highest auction volumes on record with 3,990 homes taken to auction across the combined capital cities.
Melbourne was the busiest auction market with 9,488 homes taken to auction over the March quarter, followed by Sydney with 7,755 scheduled auctions.
Across the smaller auction markets, Brisbane was host to the highest volume of auctions over the quarter (1,247), followed by Adelaide (961) and Canberra (808).
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Highest clearance rate for the quarter by capital city suburbs:
Clearance rates are calculated when there has been at least 20 auction results reported over the period
Melbourne: Carrum Downs 95.2% (captured results: 21, scheduled auctions: 21, number sold: 20)
Adelaide: Prospect 70.0% (captured results: 20, scheduled auctions: 23, number sold: 14)
Sydney: Northbridge 90.5% (captured results: 21, scheduled auctions: 25, number sold: 19)
Canberra: Watson 81.8% (captured results: 22, scheduled auctions: 22, number sold: 18)
Brisbane: Coorparoo 55.0% (captured results: 20, scheduled auctions: 23, number sold: 11)
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Across the non-capital city markets monitored by CoreLogic, Wollongong was the only region to record a fall in the auction clearance rate over the March quarter, while the Hunter region saw the biggest increase in clearance rates when compared to the previous quarter.
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Geelong was the best performing region in terms of clearance rates, with 83.3 per cent of auctions recording a successful result, while the Gold Coast recorded the lowest clearance rate this quarter (40.6 per cent), despite being the busiest region in terms of auction volumes (770). Auction volumes fell across all regions except the Gold Coast, with Geelong host to 261 fewer auctions over the quarter, while Wollongong volumes fell by 196. The Hunter region saw 159 fewer auctions, while the Sunshine Coast was down 75 auctions.
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Auction market review highlights - Capital city auction clearance rate &amp; volume
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<li>Sydney 63.6% (7,755 auctions)</li>
<li>Melbourne 68.4 % (9,488 auctions)</li>
<li>Brisbane 49% (1,247 auctions)</li>
<li>Adelaide 65.7% (961 auctions)</li>
<li>Perth 34.7% (374 auctions)</li>
<li>Tasmania 51% (68 auctions)</li>
<li>Canberra 67.9% (808 auctions)</li>
<li>Combined capitals  64.6 (20,701 auctions)</li>
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Highest number of auctions for the quarter across capital city suburbs:
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<li>Melbourne: Reservoir 149</li>
<li>Sydney: Randwick 128</li>
<li>Brisbane: Sunnybank Hills 28</li>
<li>Canberra: Watson &amp; Curtin 22</li>
<li>Adelaide: Prospect 23</li>
<li>Perth: Gosnell 16</li>
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Based on total auctions held across the suburb over the reporting period
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Mr Kusher noted weaker auction clearance rates are "anticipated to persist, particularly in Sydney andMelbourne," due to tighter lending policies and falling dwelling values.
"Regional markets are holding up somewhat better but we would still expect some of the recent strength to abate, particularly in the Hunter and Wollongong regions.”
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