<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

<main data-perf-region="main">
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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Sydney apartment and home values are set for a minor correction, according to the CoreLogic-Moody’s Analytics Australian Home Value Index Forecast, 2017Q1.
The report predicts detached home values are expected to decline 1.4 percent in 2018, with apartment prices will likely fall 1.2 percent.
According to the report, Sydney's strong local economy has been the key driver of real estate demand. 
"The labor market is approaching full employment, with a jobless rate of 4.7 at the end of 2016," it said.
"Furthermore, rents have stabilised after a drop in the first half of 2016.
"Sydney’s rental prices grew 1 percent over the month in January. Overall, detached-home and apartment prices in the city are expected to increase 7.2 percent and 7.5 percent in 2017 respectively.
<a href="https://www.propertyobserver.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%2010.07.10%20AM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/04/10/Screen%20Shot%202017-04-10%20at%2010.07.10%20AM.png" alt="">
"But prices are set for a minor correction.
"Detached-home values are expected to decline 1.4 percent in 2018, while apartment prices will likely fall 1.2 percent. Although we do not expect a steep decline in prices, Sydney’s property market will likely stagnate through to 2020 as interest rates begin to normalise.
"The degree of correction will likely be uniform across apartments and detached houses. Although the stream of oncoming apartment supply has accelerated—more than 150,000 apartments have been approved compared with 70,000 detached houses being approved—unit prices have grown more slowly than detached-home values.
"From 2013 to the end of 2016, apartment values have risen 46 percent, but those for detached homes have jumped 67 percent."
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jonathanchancellor-7SQnKwU6yx

Sydney prices set for a minor correction: Moody's

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<div>I've spent some time in recent weeks looking at migration and immigration trends.</div>
<div> </div>
<div>The capital cities are accounting for an ever-greater share of population growth, now up to 82 percent, for a huge increase over the past decade from 75 percent.</div>
<div> </div>
<div>And this trend is forecast to continue over the next decade too.</div>
<div> </div>
<div>In particular, Melbourne and Sydney are accounting for a record share of the growth in headcount.</div>
<div> </div>
<div>A valid question is: why?</div>
<div> </div>
<div>There are a number of drivers for the capital city migration, including an apparent desire to live "closer to the action".</div>
<div> </div>
<div>The main reason, though, is jobs, with the capital cities creating most of the employment since the peak of the resources investment boom. </div>
<div> </div>
<div>The chart below looks at the number of unemployed persons per job vacancy by state, with the numbers smoothed on a rolling four quarter average basis. </div>
<div> </div>
<div>In New South Wales the ratio has declined to just 3, with job vacancies advertised having hit a record high in H2 2016. </div>
<div> </div>
<div>Victoria has also responded relatively to interest rate cuts with the ratio declining from 6.6 to a more reasonable 4.2. </div>
<div> </div>
<div>Many of the jobs created have been in or related to construction, of course, which may prove to be a transient dynamic.</div>
<a href="https://www.propertyobserver.com.au/images/2017/04/6/VACANCIES.jpg" target="_blank">Click to enlarge</a>
<div class="separator"><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/2017/04/6/VACANCIES.jpg" alt=""></div>
 
<div>Tasmania has the highest ratio at 7.8, but the latest figures show that this is about to drop sharply over the next couple of quarters as the outlook improves. </div>
<div> </div>
<div>The problem child is Western Australia, which saw its labour force switch from full employment to an elevated level of slack after the peak of the mining construction boom.</div>
<div> </div>
<div>Lately the ratio in WA appears to have been correcting itself, but this is partly because some of the thousands of Aussies that migrated to WA during the boom years are now returning home (or simply heading to the eastern capitals for gainful employment). </div>
<div> </div>
<div>The labour force challenges are generally more acute in a number of the regional centres than in the capital cities.</div>
<div> </div>
<div>Most immigrants into Australia naturally gravitate towards Sydney and Melbourne.</div>
<div> </div>
<div>Meanwhile within Australia Sydneysiders are now drifting towards south-east Queensland, and residents of Adelaide are lurking across the border into Melbourne. </div>
<div> </div>
<div>
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank">blogger</a>.
His latest book is <a href="https://www.bigskypublishing.com.au/Books/General-Interest/Four-Green-Houses--and-a-Red-Hotel/1015/productview.aspx" target="_blank">Four Green Houses and a Red Hotel</a>.
</div>
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pwargent-M4siyDbqQY

Employees flocking to eastern capitals: Pete Wargent

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A storage unit with vacant possession in Sydney’s Alexandria has just sold for $155,000.
Last traded for $89,375, Bourkeside Storage at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-nsw-alexandria-500481051" target="_blank">48/53 Bourke Road</a> is a secure two-level storage unit.
Suited for business use, it is part of a building and has 24/7 access by security card.
The floor area is 25 sqm.
The deal was brokered by Jim Iverach of JS Iverach Real Estate.
Storage units at Bourkeside Storage have been selling for around the $130,000 mark, while the biggest sale came in 2015 when a unit sold for $240,000.
 
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Storage unit in Sydney changes hands for $155,000  

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Figures released by SQM Research reveal national residential listings increased 4.4 percent to 351,509 over the month of March 2017.
The data reveals Sydney and Melbourne posted the biggest monthly rises in listings, up 11.0 percent and 9.1 percent, respectively, as vendors seek to take advantage of big price gains in those two cities.
In all other cities, listings rose over the month.
In Brisbane, listings were up a healthy 6 percent, and in Perth they rose 4.9 percent, followed by Canberra, where stock levels rose 4.8 percent.
Over the year, listings were up in most capital cities, led by gains of 12.6 percent in Perth, followed by Canberra and Sydney, where stock levels were up by almost 12 percent from a year earlier.
Louis Christopher, the Managing Director of SQM Research, said the big rise in listings in Sydney and Melbourne reflects the fact that many property owners are attempting to cash in on rapid price growth in recent times.
“House asking prices are still rising quickly in the nation’s two biggest cities," he said.
"Despite new measures by Australian Prudential Regulation Authority (APRA) to restrict interest-only mortgage lending, these measures are weak in the face of the strong price momentum in Sydney and Melbourne, fed by low interest rates and robust population growth."
SQM Research is predicting Sydney prices will rise between 11 percent and 16 percent in 2017, while Melbourne gains will be between 10 percent to 15 percent.
While those forecasts were made in November 2016, they had taken into account a potential tightening by APRA.
“APRA's move is not aggressive enough for SQM to revise its predictions. We still expect strong price growth,” he said.
<a href="https://www.propertyobserver.com.au/images/2017/04/4/Chart-1.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/4/Chart-1.jpg" alt="">
APRA has asked banks to limit interest-only mortgage lending to 30 percent of all home loans written.
As part of this, the regulator has demanded banks strictly limit the volume of interest-only lending at loan-to-value ratios (LVRs) above 80 percent and also ensure there is strong scrutiny and justification of any instances of interest-only lending at LVRs above 90 percent.
“However, these measures are weak and are not going to be enough to slow down the Sydney and Melbourne housing booms, where both owner occupiers and investors are feeding demand,” Mr Christopher said. SQM Research data for house asking prices over the three months to April 4 shows that asking house prices grew the most in Melbourne, Canberra and Hobart, with prices up 7.2 percent, 6.8 percent and 6.4 percent respectively.
In Sydney, asking house prices rose 4.5 percent.
That compares to a 2 percent rise in Adelaide, 1.1 percent rise in Brisbane and a fall of 2.4 percent in Darwin and 2.2 percent in Perth.
 
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j.ballantyne1990-6AQqhLzZaK

APRA's move won't stop 2017 price growth says SQM as listing, prices rise in March

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A three bedroom apartment at Sydney has been sold for $2.42 million.
The asking price of the property was $2.45 million.
Located at <a href="https://www.realestate.com.au/property-apartment-nsw-sydney-124975838" target="_blank">5110/93 Liverpool Street</a>, the property has views of the CBD and Hyde Park as well as city skyline.
Filled with eastern and northern sunlight it is  set on the exclusive 51st floor and features a combined lounge and dining area, sunroom floor-ceiling sliding doors and a deluxe stone kitchen with gas appliances.
<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/2017/03/27/5110_93%20Liverpool%20Street-2.jpg" alt="">
Bedrooms are all doubles with built-in wardrobes while the master bedroom features an ensuite and northern outlook.
There is also a heated pool, spa, sauna, gym, sky lounge and 24 hour concierge available.
Other features includes study alcove, ducted air conditioning and secure parking.
Literally metres from boutique shops, cafes, restaurants and supermarkets.
The property was offered through Sydney Sotheby's International Realty agents Oliver Stillman and Richard Shalhoub.
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World Tower Sydney apartment sold for $2.42 million

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The Inner West region of Sydney scored the highest weekend auction clearance rate, according to CoreLogic’s latest report.
The property data firm says that out of the 63 auctions in the Inner West, 93.7% resulted in a sale.
This is followed by the City and Inner South with 89% and the Eastern Suburbs with 88.5%.
<a href="https://www.propertyobserver.com.au/images/2017/04/03/Screen%20Shot%202017-04-03%20at%209.58.59%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/03/Screen%20Shot%202017-04-03%20at%209.58.59%20am.jpg" alt="">
The Outer South West region had the lowest auction clearance rate with only 47.1% of its auctions sold.
A four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-glebe-124908854" target="_blank">24 Lyndhurst Street</a>, Glebe (above) was sold for $4.1 million.
Similarly a two bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-north+strathfield-120779285" target="_blank">14 Hamilton Street</a>, North Strathfield (below) was sold for $2.09 million.
<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/2017/04/03/14%20Hamilton%20Street.jpg" alt="">
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Sydney's Inner West scores weekend auction clearance rate of 93%: CoreLogic

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Canberra and Sydney have the quickest sale time for a house to be sold across the nation, according to CoreLogic’s latest report.
The property data firm says that on average it takes 26 days for a house in Canberra and Sydney to be sold.
However it takes Sydney units 25 days to sold compared to Canberra’s 36 days on the market.
<a href="https://www.propertyobserver.com.au/images/2017/04/03/Screen%20Shot%202017-04-03%20at%2010.56.22%20am.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/03/Screen%20Shot%202017-04-03%20at%2010.56.22%20am.jpg" alt="">
Perth and Darwin has the longest waiting time for a property to be sold with an average waiting time of 2 – 3 months.
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Canberra, Sydney houses flying out the door in just 26 days: CoreLogic

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A new two-level David Jones store is one of the headline attractions of the recently opened Macarthur Square shopping complex redevelopment.
Commenced in 2015, the $240 million project in south-west Sydney’s Campbelltown also includes international retailer H&amp;M, a new look Coles, fresh food market hall, more than 40 new specialty stores, an alfresco and casual dining precinct, along with 500 additional car spaces.
The Lendlease-managed centre is jointly owned by Australian Prime Property Fund Retail (APPF Retail) and the GPT Wholesale Shopping Centre Fund.
The redevelopment increases the centre’s  gross lettable area (GLA) from 94,300 square metres to approximately 107,000 square metres.
Gary Horwitz, head of retail at Lendlease, said the redevelopment is a response to the changing nature of shopping centres.
“Our customers have told us they want to visit a world class shopping centre without having to travel to the city,” he said.
“The redevelopment of Macarthur Square has allowed us to grow with the region and adapt to the changing demographics and needs of our local customers, ultimately delivering an outstanding, all-encompassing, and sustainable retail experience.
“The centre’s design and retail mix reflects the natural environment and tastes of the region, while customer aspirations are brought to life with an exciting range of popular fashion brands anchored by David Jones and H&amp;M.”
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Macarthur Square shopping centre unveils $240 million redevelopment

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The number of total listings across Australia is lower than this time last year, according to CoreLogic’s latest report.
The property data firm says that the total number of listings is down in all capital cities compared to 12 months ago.
There are seasonal issues such as Easter at work on the volumes.
<a href="https://www.propertyobserver.com.au/images/2017/03/27/Screen%20Shot%202017-03-27%20at%202.16.27%20pm.jpg" target="_blank">Click to enlarge</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/27/Screen%20Shot%202017-03-27%20at%202.16.27%20pm.jpg" alt="">
This is despite an increase of new listings by 14.3% over the past 12 months.
Hobart has the biggest decline of total listings, down by 27.5% despite an increase of 13.1% in the number of new listings.
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Listings sits lower than last March: CoreLogic

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Entry level properties in Sydney’s eastern suburbs are generally limited to units with former industrial areas and unused sites with development, according to HTW’s Month in Review: March 2017. 
The valuation firm says Sydney’s eastern suburbs market is a more difficult market for first home buyers to enter due to its desired proximity to the CBD and beaches, therefore attracting higher prices.
“Modern one bedroom units in the $650,000 to $1 million price range can be purchased throughout suburbs such as Little Bay, Botany/ Mascot, Rosebery/Zetland and Waterloo,” the firm says.
“Older style units can also be purchased in this price bracket however the first home buyers grant and stamp duty saving does not apply.”
The report says the inner west market attracts significant interest since the construction and completion of the light rail project contributing to price rises.
Entry level units may be easier to come by compared to some parts of the eastern suburbs, it suggests.
“Older style one and two bedroom units in Dulwich Hill, Marrickville and Petersham can be purchased for $600,000 to $750,000,” HTW says.
“Unit development in the Bankstown, Punchbowl and Lakemba corridor has increased significantly and this has seen units available at relatively affordable prices between $500,000 to $700,000 for new one, two and three bedroom units.
“Bankstown is positioned 20 kilometres from Sydney CBD and the train service will get a commuter into the city in less than 40 minutes.”
A one bedroom unit at <a href="https://www.realestate.com.au/property-unit-nsw-mascot-124658518" target="_blank">256/3-9 Church Avenue</a>, Mascot (above) is listed with a price guide of $770,000.
Similarly a one bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-zetland-124880978" target="_blank">61/5B Victoria Park Parade</a>, Zetland is listed for between $700,000 to $770,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/09/61_5B%20Victoria%20Park%20Parade.jpg" alt="">
A two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-nsw-marrickville-124888542" target="_blank">2/169 Livingstone Road</a>, Marrickville (below) has been listed with a buyers guide of $710,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/21/2_169%20Livingstone%20Road.jpg" alt="">
Similarly a two bedroom unit at<a href="https://www.realestate.com.au/property-apartment-nsw-dulwich+hill-124997126" target="_blank"> 3/6 Pigott Street</a>, Dulwich Hill (below) has been listed for $699,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/03/21/3_6%20Pigott%20Street.jpg" alt="">
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