<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]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

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

Sydney

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Bidura, the 1860 Edmund Blacket Glebe building, has been listed for sale by the NSW government.
Designing along conventional Victorian Regency lines, it was Blacket's home while he was designing the University of Sydney’s Great Hall. 
In recent years it has been occupied by staff of the Family and Community Services and the Department of Justice.
The NSW government is selling off the 5,556 square metre property at 357 Glebe Point Road which was previously used as a juvenile court until 2000.
It ceased functioning as a children’s home in 1977.
It has been owned by the NSW government since the 1920s.
With three street frontages and views over Blackwattle Bay and the city skyline, the NSW Minister for Finance and Services Dominic Perrottet said the Glebe Point property was expected to generate significant developer interest for a residential project.
Photo courtesy of NSW Courts. 
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jchancellor-FAypfDUnLy

Glebe's Bidura listed by NSW state government

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The Terrey Hills-bound rugby league icon Brad Fittler and his partner Marie Liarris will accept $2,295,000 for their redundant Rushcutters Bay apartment which was initially listed with $2.5 million hopes for its recent auction.
The north-facing, four bedroom apartment in the Marina One building had been bought in 2010 for $2.12 million.
It was listed for auction <a href="https://www.rwebay.com.au/1593550/" target="_blank" style="line-height: 1.3em;">through Jason Boon of Richardson &amp; Wrench Elizabeth Bay</a>, and Shane Vincent of Belle Property Randwick.
<a href="https://www.realestate.com.au/property-apartment-nsw-rushcutters+bay-117154815" target="_blank">The apartment</a> has 197 square metres space outlooking over Rushcutters Bay park.
They are reputedly moving to an acreage in <a href="/news">Terrey Hills</a>.
<a href="/news/brad-fittler-sells-rose-bay-investment-with-14-annual-gain">They sold a Rose Bay investment semi</a> for $1.925 million earlier this year, a bullish result.
 
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Brad Fittler's Rushcutters Bay apartment remains for sale

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Sydney's most expensive property sold at weekend auction was a three-bedroom Beauty Point home with Middle Harbour views.
The house at <a href="https://www.domain.com.au/property/for-sale/house/nsw/mosman/?adid=2011307063" target="_blank">12 Euryalus Street, Mosman</a> was sold by Simeon Manners Property for $3.23 million. 
"It was just above the reserve, though the reserve was ambitious," agent Michael Mahon told Fairfax Media.
However Property Observer notes it last sold at $3.1 million in June 2010, so not even 1% price growth during the past four years.
There were three bidders with it knocked down to a Mosman family.
RP Data indicated its pre-auction price guidance was $3 million to $3.5 million.
The <a href="https://www.onthehouse.com.au/reports/property_profile/10366737/12_Euryalus_Street_MOSMAN_NSW_2088/" target="_blank">onthehouse estimate for the property</a> was $3,466,400 to $3,908,400 in June and at $3,340,900 to $3,766,900 in August.
The bungalow property comes with approval to rebuild a three level family home on the elevated, north facing 773 square metre block.
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Mosman price shocker tops Sydney's weekend auctions

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Multi-storey residential towers will be built in many parts of Sydney as numerous areas are being rezoned to allow for higher density development.
But development proposals are likely to face community opposition as residents resist changes they expect to increase traffic congestion and restrict access to amenities such as schools.
Three new areas along the future North West Rail Link in Sydney’s Hills district were announced by NSW Minister for Planning Pru Goward in August as Urban Activation Precincts.
These precincts will be rezoned to help NSW state government deliver on its policy to “substantially increase the supply of housing and employment, and improve housing choice and affordability”.
One of NSW government’s aims is to boost the supply of housing in areas with good access to infrastructure, particularly transport, to accommodate Sydney’s expanding population.
Forecasts suggest the city’s population will swell by more than 1.6 million people by 2031, requiring around 664,000 more homes, according to NSW government. As part of that anticipated expansion, the population in Sydney’s Hills district is predicted to swell by 100,000 people.
The Urban Activation Precincts around train stations being built along the $8.3 billion rail link at Bella Vista, Kellyville and Showground are expected to provide up to 12,000 homes, including townhouses, detached homes and apartments.
The Minister for Planning has allocated $15 million to the three areas for local infrastructure. Local communities will decide how the funds are allocated.
The announcement received mixed responses from Hills residents who <a href="https://www.facebook.com/TheHillsShireCouncil" target="_blank">took to Facebook</a> to air their views. Some support the changes while others complained of over-development and worsening traffic problems.
Hills Shire Mayor Dr Michelle Byrne said Council had debated where the forecast population growth could be accommodated.
“We need increased densities around town centres and transport hubs so that the rest of Shire can be preserved as single-lot housing,” he said in a statement.
More broadly along the North West Rail Link corridor, <a href="https://www.planning.nsw.gov.au/en-au/planningyourregion/northwestraillinkcorridorstrategy.aspx" target="_blank">28,800 new homes are expected to go up by 2036</a>.
The three locations in the Hills add to eight areas already identified as Urban Activation Precincts elsewhere in Sydney at North Ryde Station; Epping Town Centre; Herring Road, Macquarie Park; Randwick; Anzac Parade South; Carter Street, Lidcombe; Wentworth Point; and Mascot Station. Higher density development will be encouraged in each of these locations.
The Urban Taskforce is calling for even higher density than what has been suggested in the Hills’ Urban Activation Precincts.
“The proposed 12,000 new homes around three stations is a good start but more housing needs to be planned for,” Urban Taskforce chief executive Chris Johnson says.
The three new areas will need to incorporate residential towers in the mixed-use and high-density residential areas, he says.
“Taller buildings can help with affordability particularly if apartment sizes are kept to state government standards,” Johnson says. “The Urban Taskforce is concerned that the Draft Development Control Plan by the Hills Shire Council proposes apartment sizes well in excess of the state’s sizes and that this will make each apartment more expensive.”
Strong growth in capital values in the Sydney metropolitan area have contributed to a high volume of apartments being planned for development or under construction, according to Knight Frank Residential Research’s Sydney Apartment Market Update, released last week.
The market update reveals Sydney property values have been increasing by 12.15% annually to a median of $549,000, says Knight Frank Residential Research associate director Michelle Ciesielski. Rents have remained stable at $520 per week, with rental yields estimated at 4.95%.
Ciesielski says there are 26,680 apartments in metropolitan Sydney due for completion over the next three years. Almost 10,000 of these will be in the city’s North West including Parramatta, Macquarie Park, Sydney Olympic Park, Wentworth Park and Epping.
But extra development often meets with opposition, particularly in areas that have traditionally had few or no high-rise apartment buildings.
In Lewisham in Sydney’s inner west, for example, developers have faced battles since 2005 with local residents who are against proposals to build multi-storey residential towers at a site on Old Canterbury road near the Lewisham railway station and light rail corridor.
Several development applications have been knocked back and local residents formed action groups to block the development.
The site was sold to Meriton in 2012 for around $50 million and approvals have been now given for work to begin on the site. Meriton’s latest proposals include seven multi-storey buildings between four and 10 storeys tall containing 314 dwellings over two levels of basement car parking plus 128 square metres of retail space. These plans are going through Marrickville Council’s development application processes.
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zfielding-GvX3Uq9KTa

Numerous Sydney areas rezoned to allow for higher density developments

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Further sales were secured in the Parramatta apartment project Promenade through Savills Residential Projects.
It has sold 115 of the 153 apartments in building three at Promenade, a five hectare site which is being developed by Starryland Australia, the local arm of the giant Chinese property group, Fuxing Huiyu Real Estate Company Ltd.
Prices ranged from $440,000, for a one-bedroom apartment. 
The apartments in building three comprised: 
<ul>
<li>(6)  one-bedrooms (44 – 49 square metres) from $440,000</li>
<li>(17) one-bedrooms plus study (46 – 69 square metre) from $465,000 </li>
<li>(125) two-bedrooms (63 – 98 square metres) from $585,000, and</li>
<li>(5) three-bedrooms (83 – 112 square metres) from $850,000</li>
</ul>
Fewer than 40 apartments remain for sale.
Buyers, who registered their interest with a $3,000 refundable deposit, were invited to attend the launch last Saturday morning.
Irene Lau, from Savills Residential Projects, said more than 70% of purchasers were owner-occupiers.  Promenade‘s initial two buildings of 124 apartments sold out over one weekend in May. 
 Both buildings are currently under construction with completion in late 2016.
Located in Morton Street just 1.2 kilometres east of the city centre, Promenade will have 1.2 hectares of landscaped foreshore open space, a proposed pedestrian bridge across the river and an extensive walking and cycling network.  James Swete, the sales and marketing director of Starryland Australia, said Promenade would provide resort-style living. 
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Starryland secure further Promenade, Parramatta apartment sales

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Former couple and House Rules contestants Candy and Ryan have put their Emu Plains home on the market.
The home at <a href="https://www.realestate.com.au/property-house-nsw-emu+plains-117619615" target="_blank">45 Gough Street, Emu Plains</a>, is selling through Paul Wallace of Property Central Penrith. It will be auctioned on Saturday 30 August.
The three bedroom house was the debut renovation of the show, and the victim of some dubious style choices - including winners Adam and Lisa's incomplete study and unappealing entrance.
The listing photos show Western Australia couple Russell and Carole's challenge-winning kitchen. They ended up in second place for the series, <a href="/expert-insights/building/underdogs-adam-and-lisa-win-house-rules-season-two">behind underdogs Adam and Lisa</a>.
The single storey brick veneer home has a two bathrooms and is set on a 626 square metre plot.
The listing information says the home has been "renovated to the highest possible standards". The house is filled with colour, thanks to Candy and Ryan's fellow team mates.
<img src="/images/2014/08/08/house%20rules.jpg" alt="">
Above: Candy and Ryan's unrenovated home in 2013. Below: Their home now.
<img src="/images/2014/08/08/2.jpg" alt="">
Candy and Ryan purchased the home for $400,000 in August 2013. Selling agent Wallace is not providing a price guide for the property.
The house has been listed following the couple's breakup.
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jrichardson-uRX5hFdKfN

Candy and Ryan's House Rules home on the market

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Offers over $5 million are still being sought by listing agent Jason Black of Black Lifestyle Property for 30 Marine Parade, Maroubra.
Located above Lurline Bay, close to the Mahon rock pool, the mansion is set over three floors on 518 square metres.
<a href="https://www.realestate.com.au/property-house-nsw-lurline+bay-117395155" target="_blank">The four bedroom, four bathroom family home</a> was built in 2007, on a block last traded for $2.06 million in 2001. 
It was designed by architect Timothy Hadiwibawa.
It had been scheduled for 2 August auction by the Fok family.
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Lurline Bay, Maroubra prestige offering remains for sale

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The intensity of the Sydney auction property market appears to be strong in early August auctions.
Last week Property Observer published a survey of 30 recent auctions suggesting there was a <a href="/expert-insights/buying/add-12-to-sydney-auction-estimates-to-secure-purchase-intelligent-property-services">12% gap between price estimate and knock down sale price</a>.
We'll be checking the auction temperature on a weekly basis as we head into spring.
The randomly selected 10 results showed a range in above estimate sale prices of between 5% and 37%.
There was an 18% above estimate sale price.
The highest result was actually not disclosed, but we can advise it was $1.1 million, some $300,000 above the $800,000 pre-auction price estimate. 
<ul>
<li>51 Burgess Street BEVERLEY PARK  Over $800,000 SOLD AT $1.1 million</li>
<li>110B/144 Dunning Avenue ROSEBERY Over $700,000 SOLD AT $825,000</li>
<li>21 Avenel Road GYMEA BAY Over $770,000 SOLD $820,000</li>
<li>9 Oswald Street  RANDWICK Over $1,050,000 SOLD $1.33 million</li>
<li>13 Henry Lawson Drive PEAKHURST Over $800,000 SOLD $1,052,000</li>
<li>15/176 Russell Avenue DOLLS POINT Over $490,000 SOLD $600,000</li>
<li>15 Pemell Street NEWTOWN $950,000 SOLD $1.105 million</li>
<li>14/16 Abbott Street  COOGEE Over $720,000 SOLD $838,000</li>
<li>49 Caldarra Avenue ENGADINE Over $690,000 SOLD $765,000</li>
<li>28a Rosemead Road, HORNSBY NSW Over $1.4 million SOLD $1.7 million</li>
</ul>
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Paying 18% over auction estimates: Sydney's pre-spring price spurt

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The Nine Network has commenced NSW Land &amp; Environment Court proceedings to secure planning approvals for its ridegline 29,860 square metre development site in Willoughby.
The <a href="https://www.pac.nsw.gov.au/Projects/tabid/77/ctl/viewreview/mid/462/pac/372/view/readonly/myctl/rev/Default.aspx" target="_blank">state’s Planning Assessment Commission</a> determined an eight storey height limit and cut the number of dwellings to 350.
The Nine Network is appealing that decision, seeking 450 dwellings and maximum height of 12 storeys. 
The television network has been broadcasting from the property since 1956. 
Nine Network seeks to follow in the footsteps of the redevelopment of the former ABC site in Gore Hill and the former Channel 7 studio in Epping.
Early plans (pictured above) by Channel Nine were for 600 dwellings with six buildings including three towers above 16 storeys, then later plans for as high as 18-storeys.
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Electromagnetic Radiation (EMR) has been raised as an issue by the community who noted the radio frequency hazard survey provided by the proponent had been predominantly conducted at ground level. EMR had not been adequately considered for residents living in multi-storey buildings. 
The assessment report has recommended a condition which requires future development applications to include electromagnetic radiation reports and incorporate appropriate building design measures to demonstrate residents of all new dwellings will not be exposed to radiation levels above those recommended by ARPANSA.
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Channel 9 Willoughby planning stoush heading to to court

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The Chinese developer JQZ has reportedly paid $50 million plus for ­Woollahra Council's former depot in Waterloo.
<a href="https://jqz.com.au" target="_blank">JQZ</a>, which also emerged last year as the $47 million development site buyer at nearby 904 Bourke Street, was previously known as the Tong Group which was founded in 2005.
The 1.4 hectare holding at 52-54 O’Dea Avenue is located within walking distance of Green Square railway station.
<img src="/images/2014/08/05/1.jpg" alt="">
The site is zoned for mixed-use of up to about 18 storeys with one tower, plus four x eight storey buildings.
JQZ has more than 1,000 apartments under way across Sydney having developed ­apartments in Burwood, Parra­matta, Homebush, Harris Park and Rockdale.
The Bay at Meadowbank is another project.
It has also recently marketed 250 apartments in its Parramatta Road, Homebush project, Grand Central, Homebush, which is a development site with 430 apartments scheduled for completion by 2016. Grand Central development will comprise two buildings, a 7-storey and 13-storey.
JQZ paid $30 million for the 10,000 square metre site at 6-18 Parramatta Road, which is its 10th Sydney project.
JLL had the council offering, the Australian Financial Review report said.
The local paper has advised that council received the first of four payments, a $5.6 million deposit, from Chinese developer JQZ as part of a deferred two-year sale.
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