<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

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

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

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

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

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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.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Northern Territory

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EXPERT OBSERVATION
Years ago I lived up in Darwin.
It's a cool place - at least figuratively, if not literally - and certainly very different from the sometimes drab sameness of suburban life in the big smoke.
One of the things I liked about it was how almost everyone turns out when there's an event in town, such the V8 Supercars and INXS playing live (or whatever). 
Mindil Beach Sunset Markets quite rightly attract a buzzing crowd every weekend too.
Meanwhile, the National Parks of Kakadu and Litchfield are a must-see-to-believe, especially in the Big Wet (although most Aussies talk of there being two seasons - wet and dry - Kakadu's traditional owners recognise six different seasons, understanding the subtle transitions between them). 
The odd earthquake aside, Darwin has the best winter climate of any city I've experienced, perfect dry heat in the low 30s all day every day, and never a cloud to be seen.
The summer weather, on the other hand, can range from harsh humidity to downright brutal and Cyclonic. 
Although I love the place, I think it would be fair to say that a lack of diversity of choice is a net negative for the Top End, including within the labour force. 
There were stacks of jobs in resources and in the public sector during my time up north, but not very much else. 
Employment rates and full-time salaries are high, and official unemployment rates remain very low.
But the mining boom years have faded and people are steadily drifting back where they came from. Actually, not that steadily now...quite quickly!
I also recall simple things like going for a takeaway or a coffee being phenomenally expensive, although for all I know maybe that's changed as the mining sector has cooled. 
From boom to bust
From 2003 dwelling prices soared relentlessly in Darwin for a decade, rising by <a href="http://petewargent.blogspot.com/2018/09/aussie-housing-prices-roll-over-in" target="_blank">more than 180% </a>by the middle of 2014, by far the biggest increase of any of Australia's 8 capital cities over that period. 
Since the peak of the resources construction boom time prices have dropped back by 18%, including by 6% over the 2018 financial year alone. 
During the boom years thousands of Aussies were relocating from interstate up to the Top End lured by the high wages on offer.
But although the sector experienced a second wind post-financial crisis as China stimulated its economy, even the mighty $54 billion (hello overruns!) Inpex/Ichthys LNG project hasn't been enough to stem to the inevitable downturn.
And now the NT is losing residents interstate in droves, with more than 3,500 upping sticks on a net basis over the year to March 2018. 
<a href="https://2.bp.blogspot.com/-UgdR-OAUOdY/W6f2q74OalI/AAAAAAAAsDg/jmUlCLdlbjYUkkQQ-iR_IUK6LAK2lntLwCLcBGAs/s1600/NT.jpg"><img src="https://2.bp.blogspot.com/-UgdR-OAUOdY/W6f2q74OalI/AAAAAAAAsDg/jmUlCLdlbjYUkkQQ-iR_IUK6LAK2lntLwCLcBGAs/s640/NT.jpg" width="640" height="388" data-original-height="792" data-original-width="1303"></a>
With life expectancy increasing, you typically see more births than deaths these days, so the population of Australia increases naturally even without its prevailing strong immigration program.  
But in the NT the outflow of residents interstate is overwhelming both net overseas migration and the natural increase, to the extent that the population of the territory has actually declined by 1,000 persons over the past six months to 246,700. 
There are few weaker dynamics for a housing market than an outright decline in the population, if sustained. 
No doubt the local authorities will be putting in place incentives to entice families to move up north. 
In short, arguably no state or territory presently has a more concerning range of metrics in its economy or housing market. 
In arrears
Last week I looked at how each of the most populous states is faring with regards to 30+ day <a href="http://petewargent.blogspot.com/2018/09/is-mortgage-stress-at-record-highs" target="_blank">mortgage arrears</a>.
In short, not great in Western Australia, pretty comfortable elsewhere. 
Let's now consider the other four states and territories.
As you might expect the NT had the highest rate of prime and non-conforming 30+ day arrears at 2.67% as at July 2018, although this had declined just a little over the preceding two months of available figures from 2.82%. 
<a href="https://2.bp.blogspot.com/-rvAjhgRkFvc/W6gIxt_GYhI/AAAAAAAAsDs/edpctyzujWY88YikjxsPXwprdIMDiPkCgCLcBGAs/s1600/S%2526P1.jpg"><img src="https://2.bp.blogspot.com/-rvAjhgRkFvc/W6gIxt_GYhI/AAAAAAAAsDs/edpctyzujWY88YikjxsPXwprdIMDiPkCgCLcBGAs/s640/S%2526P1.jpg" width="640" height="368" data-original-height="799" data-original-width="1389"></a>
Elsewhere arrears rates were reasonably low in South Australia at 1.50% following a marked improvement, very low in thriving Tasmania at 1.31%, and extremely low in the Australian Capital Territory at 0.74%. 
Generally mortgage arrears are a little higher than a year earlier across the board, despite falling unemployment rates, in part due to interest-only mortgages being reset.
Hopefully the NT can turn itself around soon! 
PETE WARGENT is the co-founder of AllenWargent property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank">blogger</a>.
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pwargent-M4siyDbqQY

Bottom falls out of Darwin in the Top End: Pete Wargent

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A 1,590 hectares (3928 acres) rural property in North Territory has been listed for $595,000.
It is located adjacent to the Finniss River near Dundee Downs in the Bynoe area.
It has been offered by Gunter Trnka from N.T. Realty Pty Ltd. 
This Freehold title lot is on offer 12/130 share with approx 7 other owners, the owners have fenced off approx 14 acres they use privately as their living area.
<a href="https://www.realestate.com.au/property-acreage+semi+rural-nt-dundee+downs-128604694" target="_blank">Positioned at Sec 9 Hundred of Milne</a>, Dundee Downs,  it comes with three bedroom accommodation, house stales, lock-up shed, shipping container and carports for four vehicles.
The property has solar power, septic and unlimited water supplied from the river for stock and domestic use.
Located near Sandpalm's Motel in the Dundee Bynoe area, it is just 40 minutes to Palmerston, 35 minutes to Coolalinga.
Fisherman's treat with Bynoe &amp; Dundee boat-ramps is nearby.
 
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j.ballantyne1990-6AQqhLzZaK

Dundee Downs rural property listed for sale 

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In a first for Apartments.com.au, the subject of this article is a new Westin branded hotel not for Melbourne, Sydney, Brisbane, Adelaide or even Perth. Instead, the Bates Smart-designed Westin will be developed in the Northern Territory's capital city Darwin.

Located right on the waterfront, the hotel has been designed to form important and meaningful connections between the city and the water, with the dual aim of enhancing the precinct and providing a gateway to the natural wonders of the Northern Territory beyond.

According to architects Bates Smart, the vision for the Westin Darwin Hotel is "the creation of an iconic tropical hotel that embodies the rich natural and cultural heritage of the location."

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/m12069_n4_webview.jpg" rel="gallery-all" title="The Westin Darwin Hotel. Image: Bates Smart"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/m12069_n4_webview.jpg?itok=8dgdrN8d" title="The Westin Darwin Hotel. Image: Bates Smart" width="580"></a>

<figcaption>The Westin Darwin Hotel. Image: Bates Smart</figcaption></figure>The design team studied the geographic story of the site, the historic context and the requirements of the climate, with the design response producing a curved form which references the layered histories of the waterfront. This embeds the hotel with a strong sense of place and a response to its context.

<blockquote>
The lower levels are inspired by the nearby rock formations and capture the spirit of the local landscape through the use of natural stone, complemented with lush landscaping and water features.

Areas for rest and reflection are aided by verandas and breeze ways which respond to the tropical environment, but also reference the heritage buildings within Darwin.

The upper levels of the hotel are inspired by tree canopies. Dark metal and timber screens create dappled patterns of light, but also provide valuable shading for the humid temperature.

Importantly, the design incorporates a seawall which is designed to protect the hotel from significant weather events and cyclonic wave activity, but that at the same time provides a generous pedestrian path and access to the waterfront for the local community.

- Bates Smart
</blockquote>

A garden restaurant and bar provides patrons with an authentic Northern Territory dining experience, supported by a rooftop garden accommodating additional restaurant facilities, and infinity pool providing expansive views over the waterfront. The hotel's rooftop can be accessed via a skywalk from Goyder Park.

Additionally, the hotel includes a diverse range of function and conference facilities with new spaces for events for Darwin locals and visitors.

High-quality materials and detailing have been provided throughout the interiors complemented by a neutral palette of soft tonal textured finishes which add a tactile quality to the spaces.

<blockquote>
Our intention is for the hotel to embody the spirit of Darwin, the land and nature and to create an identity that is uniquely connected to the Northern Territory.

- Cian Davis, Bates Smart Studio Director
</blockquote>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/m12069_n10_webview.jpg" rel="gallery-all" title="Westin Darwin Hotel will be located right on the waterfront. Image: Bates Smart"><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/m12069_n10_webview.jpg?itok=KPl-tPVL" title="Westin Darwin Hotel will be located right on the waterfront. Image: Bates Smart" width="580"></a>

<figcaption>Westin Darwin Hotel will be located right on the waterfront. Image: Bates Smart</figcaption></figure>The design of the Westin Darwin Hotel will achieve the following:

<ul>
<li>Iconic tropical hotel that embodies the rich natural and cultural heritage of the location.</li>
	<li>Connects the city and the water, enhancing the waterfront precinct.</li>
	<li>A generous pedestrian path provides access to the waterfront for the local community.</li>
	<li>The design references the historic context and the requirements of the climate.</li>
	<li>The hotel offers tropical luxury with beautiful rooms and iconic dining offerings.</li>
	<li>A diverse range of function and conference facilities provides the people of Darwin with new spaces for events.</li>
</ul>
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Laurence Dragomir

Bates Smart designs new Westin for Australia's top end

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A unique custom-built Humpty Doo, Northern Territory house remains listed for sale with amended $785,000 plus hopes having initially sought buyer interest at $888,000.
Located at <a href="https://www.realestate.com.au/property-house-nt-humpty+doo-125699930" target="_blank">900 Pioneer Drive</a>, the property is built like a house from the Hobbit.
It was last sold in 1999 for $126,000.
The brick smoke house has an expansive internal living quarters with multiple bedroom options with built in water feature in the living areas.
Kitchen is spacious and has modern appliances.
Bedrooms each have their own unique spin including circular portal window or custom shapes.
<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/2017/07/18/900%20Pioneer%20Drive-2.jpg" alt="">
One bedroom is surrounded by landscaped gardens and bushlands and has twin built in robes and central vanity.
A central study room or home office is available which can also be converted into an additional living room.
There is a bush pool and outdoor verandah available.
Other features includes multiple carports on the property, swimming pool as well as a shed/workshop with twin carport parking space.
The property is offered through Top End Real Estate agent May Dunlop.
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Price drops at Hobbit-inspired Humpty Doo house

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One of northern Australia’s true pastoral legends, Peter Sherwin has re-entered the grazing property market after a decade long absence.
His purchase of <a href="https://www.realcommercial.com.au/property-commercial+farming-nt-borroloola-502477306" target="_blank">Broadmere</a>, a substantial grazing property on the eastern side of the Northern Territory, was confirmed by the beefcentral website.
It is a 259,000 hectare holding located 250 kilometres east of Daly Waters via the sealed Carpentaria Highway.
Set on the Carpentaria Highway at Borroloola, it comes with a carrying capacity of 6,500 with scope for expansion.
It was marketed as strategically located to service both domestic and export markets.
It came with highly secure water resources including Limmen Bight River and October and Lansen Creeks.
Its unique natural features include the renowned sandstone “Lost City” suitable for eco-tourism.
Sherwin's last property sale was in 2008 when he sold Alroy Downs.
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Peter Sherwin returns to cattle with Lost City, Broadmere acquisition

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After recording strong growth last quarter, Darwin’s median house price dropped by 3.6% over the September quarter, to $593,329, according to Domain.
The result is 2.8% lower than the same time last year.
The median unit price is Darwin also decreased, dropping by 6.8% to $330,354 — 30.5% lower year-on-year.
Domain quarterly stratified median prices:
<table border="1" cellpadding="0">
<thead><tr>
<td>
HOUSE
</td>
<td>
SEP 2017
</td>
<td>
JUN 2017
</td>
<td>
SEP 2016
</td>
<td>
QOQ %
</td>
<td>
YOY %
</td>
</tr></thead>
<tbody>
<tr>
<td>
Sydney
</td>
<td>
$1,167,516
</td>
<td>
$1,190,677
</td>
<td>
$1,079,309
</td>
<td>
-1.9%
</td>
<td>
8.2%
</td>
</tr>
<tr>
<td>
Melbourne
</td>
<td>
$880,902
</td>
<td>
$869,598
</td>
<td>
$773,399
</td>
<td>
1.3%
</td>
<td>
13.9%
</td>
</tr>
<tr>
<td>
Brisbane
</td>
<td>
$551,840
</td>
<td>
$552,874
</td>
<td>
$531,767
</td>
<td>
-0.2%
</td>
<td>
3.8%
</td>
</tr>
<tr>
<td>
Adelaide
</td>
<td>
$519,517
</td>
<td>
$520,846
</td>
<td>
$498,971
</td>
<td>
-0.3%
</td>
<td>
4.1%
</td>
</tr>
<tr>
<td>
Perth
</td>
<td>
$554,095
</td>
<td>
$561,391
</td>
<td>
$567,314
</td>
<td>
-1.3%
</td>
<td>
-2.3%
</td>
</tr>
<tr>
<td>
Canberra
</td>
<td>
$723,980
</td>
<td>
$693,962
</td>
<td>
$655,468
</td>
<td>
4.3%
</td>
<td>
10.5%
</td>
</tr>
<tr>
<td>
Hobart
</td>
<td>
$409,592
</td>
<td>
$392,170
</td>
<td>
$356,916
</td>
<td>
4.4%
</td>
<td>
14.8%
</td>
</tr>
<tr>
<td>
Darwin
</td>
<td>
$593,329
</td>
<td>
$615,670
</td>
<td>
$610,510
</td>
<td>
-3.6%
</td>
<td>
-2.8%
</td>
</tr>
<tr>
<td>
National
</td>
<td>
$819,455
</td>
<td>
$823,381
</td>
<td>
$758,367
</td>
<td>
-0.5%
</td>
<td>
10.8%
</td>
</tr>
</tbody>
</table>
Rental prices for both houses and units in Darwin have remained steady over the quarter, sitting at $520 and $400 per week, respectively.
Both the houses and unit figures remained steady over the last three months, the results do indicate a drop year-on-year – by 5.5% and 5.9% respectively.
"The drop of 30.5% in median unit prices year-on-year is indicative of the oversupply of apartments in the city," said Domain chief economist, Dr Andrew Wilson. 
"This same oversupply is highlighted by the annual decrease in median rental prices and is expected to continue until demand and supply are rebalanced.
"Unfortunately, policies that are designed to restrict investor lending, are also impacting those apartment markets where supply is already well ahead of demand."
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Darwin house prices dipping again: Domain

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Gina Rinehart's Hancock Prospecting has added another Northern Territory cattle station.
The 171,000 hectare Willeroo Station comes with around 20,000 head of Brahman cattle.
It adjoins Aroona Station, which was bought by Hancock Prospecting in March.
Great Giant Livestock (GGL), one of Indonesia's largest feedlot operators, sold the property.
Rinehart said she was interested in Willeroo Station because "we believe we can add improvements and value to the station, where we will copy what we have introduced successfully on our other Hancock stations, and are currently rolling out across Kidman properties also".
"Willeroo will well complement our existing investments in the north," she said.
"It is adjacent to Aroona Station which we acquired earlier this year allowing us to operate the two stations as a combined unit.
"Also being near to the Phoenix Park export depot it will assist part of the wet season growing program for Riveren and Inverway as well as help to provide better market timing opportunities for some of Hancock Beef's Kimberley cattle stations."
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Hancock Mining buys another NT cattle station

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 Short-term letting platform Airbnb says it can cure the ailing Northern Territory economy.
The peer-to-peer accommodation platform’s economic benefits for Australia were recently captured in a Deloitte Access Economics report that said Airbnb guests contributed $1.6 billion in GDP and supported more than 14,000 jobs.  
Airbnb’s head of public policy for Australia and New Zealand, Brent Thomas recently said Airbnb has become an economic lifeline for everyday Territorians and small businesses, according to the NT News.
“With the cost or delay of having to build new accommodation options, Airbnb is helping the Territory host more guests and grow the tourism pie,” Thomas said.
“We are injecting more than $6.5 million into the economy and creating more than 50 local jobs,” he said, while pitching for the need for fair and progressive rules for home sharing in the Northern Territory.
<a href="https://www.propertyobserver.com.au/images/2017/08/03/AirbnbEconomy.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/08/03/AirbnbEconomy.png" alt="">
He questioned Tourism NT’s Vision 2020 strategy that excludes using short-term accommodation providers such as Airbnb.
According to Tourism NT’s Vision 2020,  the state will need an additional 205-225 hotel rooms per annum to 2020 to keep occupancy at viable and sustainable levels.
“The strategy focuses on increasing the supply of traditional commercial accommodation,” Airbnb said.
“Yet, the strategy doesn’t consider the idea of using short-term accommodation, like Airbnb, to fill the gap like other cities around Australia and the world are doing.
He said it does not mention the need to expand the supply of short-term accommodation, adding that states such as South Australia and Tasmania are already benefitting after embracing Airbnb.
Every state in Australia has different rules for short-term accommodation.
The Deloitte report said Airbnb could serve as a potential model or means by which the Northern Territory could access different markets, and leverage the opportunity presented by a global platform.
"Airbnb guests tend to spend more than average tourists, with Airbnb and TRA survey data showing that Airbnb guests in Darwin spend 53 per cent more on average. These spending tendencies may assist the government to grow the value of the tourism sector," it said.
<a href="https://www.propertyobserver.com.au/images/2017/08/03/AirbnbTouristExp.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/08/03/AirbnbTouristExp.png" alt="">
<a href="https://www.propertyobserver.com.au/images/2017/08/03/AirbnbEconGuest.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/08/03/AirbnbEconGuest.png" alt="">
 
The report, Economic effects of Airbnb in Australia, found that of the total 2.12 million Airbnb guests in 2015-16, NT’s share was only 8,800 guests, who spent a total of 18,000 nights. 
The average Airbnb guest spent more than $282 per day in the NT on things like, food services, shopping and leisure; Airbnb hosts in the NT earned a median income of $4,470 in 2015-16; The top 3 destinations for Airbnb guests were Darwin, Alice Springs and Katherine. 
The same report also said that South Australia’s economy got a $38 million economic boost from Airbnb in the 2016 financial year, with guests on the shared accommodation platform spending more than the average tourist.
 
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jonathanchancellor-7SQnKwU6yx

Airbnb says it can boost sluggish NT economy 

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The Daly Waters Pub, an iconic outback pub in the Northern Territory, has sold for an undisclosed sum.
It was listed with expectations of more than $4 million, hotel news website The Shout reported.
Located 600 km south of Darwin, The Daly Waters Pub off Stuart Highway, is a favourite with passers-by. 
It has received AHA NT’s Best Wayside Inn award eight times since 2005.
The pub was built in 1930 by Bill and Henrietta Pierce, its website says. In its long, colourful history, the pub has witnessed murders, shoot outs in the main street, cattle stampeding through town and drunken brawls. 
Publicans Lindsay Carmichael and Robyne Webster, who owned and operated the pub for 18 years, decided to retire and move to Darwin. 
The pub is known for its collection of memorabilia from visitors, who in the late 80s started a tradition of leaving something at the pub to commemorate their visit. The knick knacks that adorn the walls include artificial limbs, surfboards, lingerie and an Irish hurling stick, to name a few among hundreds. There’s even a helicopter sitting atop the shed of the pub, though it’s not in use anymore.
“We endeavour to keep it in an orderly fashion, a bit like a department store. As we have no windows the maintenance is crucial – daily dusting and de-cobwebbing are essential. All is taken down every six months and laundered. Whatever survives goes back up. Most male employees volunteer to wash the lingerie,” Webster was cited as saying by The Shout.
The freehold going concern included the pub with its bistro, a caravan park, cabin park, motel and service station. The total land area is 19,930 sqm.
The selling agent was Steve Liebelt of Ruralco Property.
The buyer is believed to be a businessman from South Australia.
While remote, the pub enjoys plenty of patronage, both from Daly Waters locals and from tourists who have heard of its legendary reputation. 
“While some may consider the pub being remote this is one of its strengths and with a major service and population centre at Katherine only some two hours’ drive away, nobody is ever far from all services,” said Liebelt.
      
.
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NT's famed Daly Waters Pub changes hands

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A number of Northern Territory stations remain under sale negotiation according to Herron Todd White following a number of sales mid May.
HTW said in the Kimberley the Yougawalla Pastoral Company properties including Bulka (2,745 square kilometres), Margaret River (1,771 square kilometres ) and Yougawalla (3,395 square kilometres) have reportedly contracted for sale to Chinese interests.
"The properties had been on the market since around late 2015 on the basis of either an outright sale or for a new partner to buy in and replace some existing stakeholders," HTW said.
"The sale in mid May (reportedly still to be FIRB approved) was reportedly an outright sale of the three properties for around $70 million WIWO with an unconfirmed number of cattle (however reportedly over 40,000 head).
"Yougawalla was originally acquired back in April 2008 for $3 million WIWO (or around $1.94 million assessed bare), then Baulka in March 2011 for $9 million WIWO ($5.15 million assessed bare) and lastly Margaret River July 2013 for $4.3 million WIWO ($2.2 million assessed bare).
"The properties were owned by a partnership (which included media identity Harold Mitchell) that undertook signi cant pastoral infrastructure development to lift carrying capacity.
"Yougawalla is principally red sand plain desert country, Bulka is predominantly red-yellow sand plains, extensive dune elds and a small proportion of alluvial plains, while Margaret River comprises cracking clays on the oodplains (only around 9 percent of total area), red loamy and red sandy/ gravelly soils to more inferior skeletal soils.
"If the deal is finally consummated at the reported sale price, further analysis will be required to reveal the true dollar per adult equivalent. However at this stage it looks like reflecting continued strong demand for cattle country in the Kimberley, particularly from Chinese interests who also acquired the 10,373 SAWA aggregation for $100 million (WIWO) around ten months ago. "
Bidgemia Station in <a href="https://www.realestate.com.au/property-other-wa-gascoyne+junction-7891302" target="_blank">Gascoyne Junction, WA</a> (above) is currently on the market. It has 15 sets of established yards, the main with 2,000 head capacity including feedlot as well as extensive double frontage to the Lyons River (68 km) &amp; Gascoyne Rivers (125 km). 
<div class="column">
Sunnyside Farm, <a href="https://www.realestate.com.au/property-other-wa-derby-7876570" target="_blank">Lot 555 Derby Highway Derby</a>, (below) sits on approximately 221.3 acres and is on the market for around $1,500,000.
 
<img src="https://www.urban.com.au/images/2017/06/21/Screen%20Shot%202017-06-21%20at%201.17.05%20PM.png" alt="">
</div>
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