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.

Joel Robinson

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

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

Property market

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Builder Phil Emanuele and wife Nicky have been breaking residential records in the South Coogee area for a decade of so, and now they hope 14a Mermaid Avenue, Maroubra will likewise set a new record.
They reckon the home sets a high benchmark for design and living, so their pricing through Clint Ballard at Ballard Property is $6.5 million plus. 
Set on its 450 sqm block, there is around 800 sqm internal space at the house with innovative rock coat render that doesn’t require painting. Even the external timber is called Parklex from Spain, a treated veneer that never needs any maintenance. Plenty of copper external features too. 
The couple won the Asia Pacific Property award for their last design at 8 Bloomfield Street, South Coogee which was briefly owned by Paul Roos, the former Swans Coach.
Just this week Maroubra benefited from China’s Golden Week with an oceanfront home on Mermaid Avenue fetching $10.5 million, selling to buyers from Shanghai. The oceanfront property was sold accountant Anthony George to buyers had flown into Sydney during the eight-day Chinese holiday period.
The oceanfront home on Mermaid Avenue did have initial hopes of $15 million earlier this year.
The oceanfront property, covering 6156 square metres, was sold accountant Anthony George to buyers had flown into Sydney during the eight-day Chinese holiday period
The seven bedrom home came with four-car garage, tennis court and pool on Mermaid Avenue.
It last traded in 1999 for $3.02 million when sold by lawyer John Gerathy.
The sale tops the suburb’s previous high of $8 million sit in 2007 for the oceanfront house on Waterside Street owned by Leslie Mosca, director of plastics and resin manufacturer Hpfox when sold by the Yu family.
This article fist appeared in the Sunday Telegraph.
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Mermaid Avenue, Maroubra movements 

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The Woollahra Hotel, one of the eastern suburbs' iconic celebratory watering holes, has been sold by publican John Ryan.
The off-market sale came after a surprise offer from the Waugh family through Ray White Hotel broker Andrew Jolliffe.
John Ryan was telling customers Friday night over a glass of champers that it was "bitter sweet" since he'd never thought to sell. 
It was four years ago when the Ryan family paid around $16 million, at a capitalisation rate of 11%, for the hotel on the prominent Queen and Moncur street corner.
It has always been regarded as one the jewels of the Sydney pub market, having been associated over past decades with the likes of Alan Bond and even Abe Saffron.
It was a depressed market back in 2011 when the White family sold the hotel with rival interest reportedly came from Leon Fink and John Singleton.
On its purchase from the White family, its co-owner Damien Pignolet's services were briefly retained as executive chef at Bistro Moncur.
Peter Ryan and wife, Toni (nee Barrett) remain the patriach and matriach of the well-regarded Sydney hotelier family.
They both followed in the footsteps of their families in the pub business.
"I knew how to run a pub and I wasn't much good at anything else," Peter Ryan once said.
The rumoured $30 million acquisition of The Woollahra late Friday afternoon by Public House Management Group - owned by brothers Mitchell &amp; Ashton Waugh - follows their other recent acquisitions including the nearby The Royal, Paddington, The Collaroy and The Buena Vista, Mosman.
This article first appeared in the Sunday Telegraph.
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Ryan family sell Woollahra Hotel to Waugh group

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The most popular price range for locals upgrading in Sydney for the year ending 30 June is between $1 million and $2 million, according to Herron Todd White.
Herron Todd White's October Month in Review said the inner west suburbs of Newtown, Erskineville and Dulwich Hill are very strong with plenty of sales activity in new unit developments with units starting from around $1 million.
"Homes priced between $1 million and $1.5 million within close proximity to infrastructure are attracting a lot of attention, with single level 2-bedroom Victorian terraces (with no parking) and two storey terraces are the main style of dwelling in this price range. 
"Eastern suburbs such as Bondi, Bondi Junction and Double Bay continued to provide strong auction results for homes and units alike.
"An example of a strong result within the year is a modern 5-bedroom project home in the southern suburb of Como recently selling at auction for an astonishing $1.8 million. This home was previously sold in March 2014 for $1.355 million, so this was a tidy profit. Local agents attribute the increase to the mere convenience of move in and enjoy with absolutely no work required."
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Sydney locals love sub $2 million price bracket: Herron Todd White

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Investors, self-managed super funds (SMSFs) and owner occupiers are dominating commercial property in the $1 million to $3 million price bracket, largely thanks to the RBA slashing interest rates to a record low of 2%. This is creating significant interest in the sale of commercial properties with long leases and solid tenants.
What’s more, the falling Australian dollar means Australian property markets are also increasingly attractive to international investors. However on the domestic front we have seen small to medium enterprises (SMEs) sitting on their hands, as they delay a decision to upgrade to larger or newer commercial premises. Still, with the significant spike in residential house prices, some SMEs are now starting to branch out and use this asset growth as collateral to fund new business and commercial ventures.
The other big factor driving some of our commercial property markets is infrastructure investment, with billions of dollars committed to developments such as Barangaroo in the Sydney CBD, while the prospect of a light rail service for busy Cleveland Street is another major plus. In greater Sydney, the Badgerys Creek airport project is translating into increased commercial interest from St Marys down to Camden, while the North West Rail Link and the North Connex and West Connex road projects are also spurring commercial activity.
In regional Queensland, the massive recent infrastructure injection, courtesy of the Brisbane West Wellcamp Airport, has already seen a number of large commercial developments spring up on the western side of Toowoomba, attracting enquiries from businesses considering a relocation from Brisbane. Further north, and the ongoing Inpex LNG project at Blaydin Point in Darwin is expected to propel commercial interest for some years to come.
At Raine &amp; Horne Commercial, we’ve also taken the opportunity to expand our network coverage to Queensland’s Sunshine and Gold Coasts, with the recruitment of businesses from a rival network. The opening of Raine &amp; Horne Commercial Sunshine Coast is timely as the property market in Queensland is starting to show the form that we’ve come to expect from the southern states. Meanwhile, Raine &amp; Horne Commercial Gold Coast has entered a market that is picking up for the first time since the Global Financial Crisis, with the completion of the Gold Coast Light Rail and Commonwealth Games infrastructure buoying business confidenc
Raine &amp; Horne’s growth hasn’t stopped there either, with our international expansion now taking in Dubai in the United Arab Emirates, which has emerged as a leading regional commercial hub with state-of-the art infrastructure and a world-class business environment. Our Raine &amp; Horne Dubai operation is located in Business Bay, which will have upwards of 240 new commercial and residential buildings completed in the next few years.
On a personal note, I’ve also recently exclusively taken on the role of Executive Chairman, in which capacity I’ll be concentrating on further expanding the business in Australia and overseas. 
Angus Raine is Executive Chairman, <a href="https://www.raineandhorne.com.au" target="_blank">Raine &amp; Horne</a>.
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Billions driving infrastructure development: Angus Raine

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The biggest challenge facing the Sydney residential property market is successfully calling the market accurately as against some who pluck figures out of the air with astonishing aplomb.
My preferred guide is the Australian Bureau of Statistics (ABS) capital city indexes for Established Houses which is released on a quarterly basis – it’s all about measuring price movements over time.
So I struggle when I see BIS Shrapnel noting that Sydney house prices have soared 45% since 2009 although I remain somewhat confused as we need to add further perspective by taking into account that house prices fell approximately 20 to 30% during the Global Financial Crisis (GFC). When we average out the fall in prices at say 25% then factor the recent run on the market prices then they have in real terms only climbed 20% which is a different story to the reported 45%.
Over this same period we have seen the emergence of an entirely new market namely the investment market which has been the stand – out performer, although it has very little to do with the established house prices. I’m sure if one looks hard enough you can find data that identifies Sydney house prices have jumped 45% although I don’t believe this is an accurate assessment – more a market price manipulation.
If we go back a decade for Sydney house prices we see most interesting market price machinations – from the September quarter 2004 through to June 2006 (eight quarters) the Established Houses in Sydney were in negative growth at around -5% per quarter. From September 2006 until June 2008 Sydney went into positive growth mode although not exceeding +10% growth with a quarter average of around 5% – then the GFC hit. From September 2008 through to June 2009 Sydney was back in negative growth with negative growth quarters of 6 and 7% the highest reported. Then in September 2009 until December 2010 house prices went back into positive growth where in March 2010 price growth peaked at 19%. Then in June 2011 through to June 2012 prices fell back into negative growth although not alarming with five quarters of bouncing from -1% to -3%. Then in September 2012 until June 2015 Sydney has been experiencing its bull run which has now extended to twelve consecutive quarters with the June quarter posting the highest quarterly growth of 21% – the previous high was 17% in September 2014. I might add that the month of September seems to be a catalyst month in property price movements both positive and negative.
We also need to recognise that in the December quarter of 2008 the Rudd Government moved the off – the – plan sales for new developments from 50% to 100%, so this has been a significant driver in the investor property market. Sydney has added approximately 20,000 new apartment developments which is unprecedented by modern day property data and this has been strongly assisted by the record low cash rate of 2% that will probably go lower in 2016.
The big question that remains for the best part unanswered is just how many of the new 20,000 apartments will have their purchasers default as APRA has increased the loan value ratios and the much speculated Asian buyer defaults given the massive correction in the Chinese stock market. It’s no secret that many banks and developers have these developments on a red alert for these most obvious reasons.
Having said that we need to clearly identify that these are investors and should not be compared to the traditional housing market. The off – the – plan prices in Sydney apartment blocks has gone off the Richter scale so if there is a price correction there this would then have minimal effect on the established home prices although it would slow the market down as a result.
We just need to balance the debate – over the past 44 quarters for the percentage change in median values for established houses in Sydney 17 quarters have been in negative growth and 27 quarters in positive growth. We also need to look at the cash rate which was 3.00% in April 2013 and fell to 2.75% in May 2013 and has been stuck on 2.00% since May 2015.
The United States has been sitting on their record low cash rate for a decade now so it appears that record low cash rates is the new norm in global economies.
There is no need to panic about property prices for the established homes although the investor market will make for fascinating viewing over the next few years.
I also can’t recall ever seeing the established house market with record low numbers of properties on the market either.
<h5>MOSMAN – 2088</h5>
• Number of houses on the market this time last year – 82
• Number of houses on the market last week – 48
• Number of houses on the market this week – 49
• Number of apartments on the market this time last year – 50
• Number of apartments on the market last week – 60
• Number of apartments on the market this week – 60
<h5>CREMORNE – 2090</h5>
• Number of houses on the market this time last year – 14
• Number of houses on the market last week – 7
• Number of houses on the market this week – 9
• Number of apartments on the market this time last year – 22
• Number of apartments on the market last week – 23
• Number of apartments on the market this week – 23
<h5>NEUTRAL BAY – 2089</h5>
• Number of houses on the market this time last year – 5
• Number of houses on the market last week – 9
•Number of houses on the market this week – 9
• Number of apartments on the market this time last year– 51
• Number of apartments on the market last week – 21
• Number of apartments on the market this week – 23
ROBERT SIMEON is a director of <a href="https://www.rwm.com.au/" target="_blank" title="RWM" rel="nofollow">Richardson Wrench Mosman and Neutral Bay</a> and has been selling residential real estate in Sydney since 1985.  He has also been writing real estate blog <a href="https://www.rwm.com.au/news/" target="_blank" title="Virtual Realty News" rel="nofollow">Virtual Realty News</a> since 2000. 
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How to manipulate property market machinations: Robert Simeon

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The retired Richmond forward Jake King has sold his five-bedroom house in Northcote.
The home at <a href="https://www.realestate.com.au/property-house-vic-northcote-120573881" target="_blank">82 Christmas St</a> had also been expected to fetch $1.4 million, and after being passed in sold four days later for an undisclosed price.
King, who is a football commentator on Triple M, bought the 1950s home for $745,000 in 2008.
It has been renovated and extended with a designer kitchen. There's also an internal spa deck and an outdoor entertaining zone.
 
 
 
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Retired Tiger Jake King sells in Northcote

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A three level home in Shorncliffe has been listed for sale with $1.49 million hopes through John Decker at John Decker Real Estate in Sandgate.
Eagle View, <a href="https://www.realestate.com.au/property-house-qld-shorncliffe-119818643" target="_blank">82 Park Parade</a>, is a towering Queenslander which overlooks Moreton Bay.
The property was one of many 1900s former hotels of these once in-vogue English-style seaside suburb.
It was divided into flats before reunification as a four-bedroom home, 25 years ago.
It also has three bathrooms, four car spaces and an attic, an open, multi-purpose area.
The median price for a home in <a href="/news">Shorncliffe is $710,000</a>, according to CoreLogic RP Data.
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Shorncliffe's Eagle View listed with $1.49 million hopes

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A South Australian home with valley views has been listed for sale with $650,000 expectations through Dale Gray at Ouwens Casserly.
The Crafers West property, <a href="https://www.realestateview.com.au/Real-Estate/8-fern-road-crafers-west/Property-Details-buy-residential-9362068" target="_blank">8 Fern Road</a>, is located on the high side of the road and sits on 2,000sqm.
It was built in 1994, has three bedrooms and two bathrooms with the front bedrooms overlooking the misty valley.
The property is located 20 minutes to the CBD.
The median price of a home in <a href="/news">Crafers West is $540,250</a>, according to CoreLogic RP Data. 
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South Australian valley vistas in Crafers West listing

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A heritage 1879 house in Parkville, Melbourne listed for sale with $3 million plus hopes through Nicholas Corby and Paula Beavis at Collins Simms has sold at $3.52 million.
The double-fronted, two-level home with bluestone alfresco terrace and heritage ceilings at <a href="https://www.realestateview.com.au/Real-Estate/129-park-drive-parkville/Property-Details-buy-residential-9420342" target="_blank">129 Park Drive</a> sits on 545 square metres.
It is near Royal Park and Melbourne University.
The median price for a home in <a href="/news">Parkville is $1,440,000</a>, according to CoreLogic RP Data.
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1879 Parkville home sold at $3.52 million

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New South Wales team Shay &amp; Dean have secured the winning Block combination, Damien Cooley and Andrew McCann of Jellis Craig Real Estate, to sell their penthouse apartment on The Block. 
The couple have already showed their strength in the game winning the first two rooms on the renovation reality television show.
This will mark Damien’s eighth appearance, the most booked auctioneer on the show.
Damien and Andrew will be aiming for their third win together having won the last two series’ for brothers Shannon &amp; Simon and All Star couple Deanne &amp; Darren.
Damien will personally be going for his fifth win on the show.
“We’re really excited to have Damien Cooley as our auctioneer, he’s got a great track record on the show and we know he will do a fantastic job,” the contestant couple said.
“Our apartment is extremely different from every other floor, we’ve taken risks where others haven’t and being on the top level we have amazing views across South Yarra and the city.”
“We can’t wait to see how the auction goes at the end of the series. We’ve put our heart and soul into this apartment and it’s something we are very proud of.”
“I had a call from a few of the other contestants but for me for me the NSW connection, and in particular the Newcastle connection, played a big role in our decision to choose Dean &amp; Shay," Damien Cooley said.
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