<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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 After CoreLogic recently reported a median house price of $835,000 in Sydney, Property Observer went searching for what that got.
Starting at the lower range of the median price, $825,000 will comfortable purchase a six-bedroom, four-bathroom house on Lot 9, <a href="https://www.realestate.com.au/property-house-nsw-jordan+springs-123144814" target="_blank">Lakeside Parade in Jordan Springs</a> (above) in Sydney’s greater west, due to be completed in December. The offer is stamp-duty free. 
Keeping in Sydney’s western suburbs, $835,000 will also purchase a four-bedroom, two-bathroom, single-storey house on <a href="https://www.realestate.com.au/property-house-nsw-caddens-123373594" target="_blank">77 Barnea Avenue, Caddens</a> (below). The brand new house is located on a 410 square metre block of land. 
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%206.02.41%20PM.png" alt=""> 
The median price will also purchase a four-bedroom, two-bathroom house at <a href="https://www.realestate.com.au/property-house-nsw-emu+plains-123305666" target="_blank">69 Brougham Street, Emu Plains</a> (below). The luxury house was built by ZAC Homes. 
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%206.03.48%20PM.png" alt=""> 
Still within the median price range, a three-bedroom, one-bathroom house at <a href="https://www.realestate.com.au/property-house-nsw-toongabbie-123361826" target="_blank">36 The Crescent in Toongabbie</a> (below). The newly renovated home has a low-maintenance yard which features a veggie patch. 
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%206.05.06%20PM.png" alt="">
The five-bedroom, three-bathroom house at <a href="https://www.realestate.com.au/property-house-nsw-st+clair-122954230" target="_blank">5 Tulloch Place, St Claire</a> (below) was recently sold for between $839,950 and $879,950. The newly renovated house sits on 672 square metres of land.
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%206.06.58%20PM.png" alt="">
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jonathanchancellor-7SQnKwU6yx

What the $835,000 median house price gets in Sydney

<html><body>
After CoreLogic RP Data recently reported a median apartment price of $670,000 in Sydney, Property Observer went searching for what that got.
The one-bedroom, one-bathroom apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-surry+hills-123379494" target="_blank">102/425 Burke Street, Surry Hills</a> (above) has been listed for $675,000. The 62 square metre apartment is located inside the Jasper building. 
The median price will also purchase a one-bedroom, one-bathroom unit at the new Meriton Altitude complex located at <a href="https://www.realestate.com.au/project-altitude-nsw-parramatta-600004063?propertyTypes=apartments%2Funits" target="_blank">330 Church Street, Parramatta</a> (below). The development is set to be completed by November this year. 
<img src="/images/2016/08/30/600_parra.jpg" alt="">
Darling Mills at <a href="https://www.realestate.com.au/project-darling+mills-nsw-north+rocks-600011442?propertyTypes=apartments%2Funits" target="_blank">27 North Rocks Road</a> in North Rocks is now selling two-bedroom, two-bathroom apartments within the median price range. 
<img src="/images/2016/08/30/500_darling.jpg" alt="">
A two-bedroom, two-bathroom apartment at <a href="https://www.realestate.com.au/property-apartment-nsw-strathfield-123035674" target="_blank">82/1 Clarence Street, Strathfield</a> (below)  has been listed for $660,000. The 112 square metre apartment was built in 2003.
<img src="/images/2016/08/30/Screen%20Shot%202016-08-30%20at%2011.16.41%20AM.png" alt="">
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What the $670,000 median apartment price gets in Sydney

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Sydney's preliminary auction clearance rate for the week ending august 28 came in at 81.0 percent according to CoreLogic. 
North Sydney and Hornsby, were the busiest sub-regions, with a clearance rate of 87.6 per cent. 
<a href="/images/2016/08/29/Screen%20Shot%202016-08-29%20at%2012.38.54%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/29/Screen%20Shot%202016-08-29%20at%2012.38.54%20PM.png" alt="">
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North Sydney and Hornsby lead Sydney weekend auction clearance rates: CoreLogic

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Retail outlet Birkenhead Point in Sydney’s Drummoyne said it has received development approval for further works at its western end, which will have fashion and food spaces besides other infrastructure upgrades.
The Mirvac Group acquired the waterfront site in 2014 and has been pushing for the upgrade which is due to start in early 2017 with completion the same year.
The shopping centre currently houses over 120 stores including Calvin Klein and Polo Ralph Lauren along with a convenience precinct anchored by Coles, Aldi, a medical centre, fresh food retailers, plus the Birkenhead Point Marina which has more than 200 berths.
The improvements include a premium fashion outlet precinct, new cafés and an upgrade to all lift lobbies and two elevators which will connect the Centre’s ground level to the roof top car park.
Mirvac Retail’s senior development manager, Christina Nelson said, “We are excited to commence this first phase of a longer-term master plan to enhance the current retail offering and customer experience at Birkenhead Point and solidify the Centre’s position as a premium retail outlet.”    
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Retail outlet Birkenhead Point in Sydney gets nod for facelift

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The last winter weekend sees around 550 homes set to be offered under the hammer on Saturday across Sydney. 
More than last weekend’s 492 and the highest weekend offering since the pre-election rush of 632 recorded on June 25.
But the weekend’s auctions are much less than the record 811 auctioned over the same season-opening Saturday last year.
Domain's senior economist Dr Andrew Wilson said Saturday’s numbers are similar to the auctions on the last weekend of August in 2014 and 2013.
"So far this year there have been 4653 fewer weekend auctions," Dr Wilson advised which is a steep fall of 24.3 percent compared with the same period last year.
Randwick is Sydney’s most popular auction suburb this weekend with eight offerings followed by Chatswood, Marrickville and Wahroonga each with seven.
This weekend nearly 900 Melbourne homes are set to go under the hammer - the highest number since the pre-election rush of 901 auctions on June 25.
Saturday’s listings will be significantly higher than the 653 offered last weekend but below the 1046 auctioned over the same Saturday last year.
Auction numbers in Melbourne have fallen away over winter compared to last year with 1732 fewer auctions conducted – a fall of 7.5 per ent over winter last year. 
Melbourne’s weekend auction market has now recorded four weekends with clearance rates above 75 percent for the first time.
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jchancellor-FAypfDUnLy

Sydney weekend auction stock down 24 percent year to date

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For five years the BradfieldCleary agency in Sydney's east have been keeping tables on a selection of its rental re-lettings. 
 The latest shows properties re-let over the winter season. 
The overall the properties leased for an average of 3.91 percent above the previous rent. 
This is a particularly strong performance for rent returns in winter, a time when there is generally less demand than in the spring and summer, agent Bob Guth suggests.
The figures from previous winters; July 2012 (2.66 percent), July 2013 (0.80 percent), June 2015 (3.55 percent) were not as strong as this year. 
<a href="/images/2016/08/25/TABLE%20AVERAGE.JPG" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/25/TABLE%20AVERAGE.JPG" alt="">
"This may well be a reflection on the increase in values residential property has experienced over the last several years but may also come due to a slightly strengthening economy. 
"Needless to say some of the more significant increases may be as a result of some minor upgrades (paint, carpet, lighting, blinds etc) and the small falls in return because of wear and tear and general presentation."
<a href="/images/2016/08/25/TABLE.JPG" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/25/TABLE.JPG" alt="">
 
"Nonetheless it is clear that rents continue to rise above the CPI, confirming investment in residential property must surely be better than ‘money in the bank’," Bob Guth said.
 
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Sydney eastern suburbs rental rise above the CPI over winter

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Estate agent John McGrath said there were signs listings were returning to more normalised levels heading into the busy spring period.
He said it should "take the sting" out of a rampant housing market in Sydney.
"I forecast 6-8 per cent growth in Sydney house prices this year. We've seen the majority of that already so I see very little increase in prices going forward," he told Fairfax Media
"I think there will be more significant growth in prices in the big regional locations like the Central Coast, Wollongong and Newcastle."
 John McGrath estimated Chinese buyers numbers were down by half compared with a year ago, which he said was "disappointing, but not surprising". 
But he said there had been an increase in buyers from other parts of Asia including Vietnam, Indonesia and India.
Estate agent John McGrath announced yesterday he is stepping away from the daily operations of the recently listed McGrath group.
 
For more real estate traps and tips visit <a href="https://realestatetraps.com.au/">realestatetraps.com.au</a>
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j.ballantyne1990-6AQqhLzZaK

John McGrath tips 6 percent price growth for Sydney house prices

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Three family-held adjacent commercial terraces in Sydney’s east are on the market, an illustration of the emergence of the area as one of the most tightly held regions for commercial property, according to CBRE.
The terraces at 247, 249 &amp; 251 Bronte Road, Waverley span around 500 sqm and the site has been held by the same family since the 1950’s, previously housing the retail and manufacturing arm of the family’s children’s wear clothing manufacturing business “Ista Fashions”.
Tony Braham of CBRE’s Sydney Capital Markets has been appointed to sell the property.
“With a historically low level of listings currently on market, this retail/commercial offering in the trendy but tightly held Charing Cross/Queens Park shopping strip represents a major generational change in property ownership in Sydney - with many families now considering the sale of their long-term property holdings,” said Braham. 
Falling interest rates, record low yields andlimited stock has contributing to increased buyer competition and rising property values and many property investors hope to cash in on the situation. 
“A number of property investors with generational holdings in Sydney’s east are deeming the current real estate environment as the ideal time to realise their property assets.” 
Braham said buyer interest was expected to be strong for the site.
 
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Three privately owned terraces in Sydney’s east on the market

<html><body><div id="story-description">
There was definitely no risk of a national housing bubble, Alan Kohler, the Australian columnist and publisher of The Constant Investor, has suggested in his latest column.
Is there one in Sydney?
"Perhaps," he wrote in The Australian.
"Sydney just happens to be where people want to live and invest and, at the moment, there’s a lack of supply. 
"Maybe there’ll be a crash if supply catches up and interest rates rise.
"Big ifs," he suggested.
He noted the surge in Sydney’s auction clearance rate over the weekend to 86.4 per cent should lay to rest the myth that the housing market has stopped responding to lower interest rates and, secondly, that government decentralisation policies are worthwhile.
The weekend's preliminary clearance rate in Sydney was 10 percentage points higher than a year ago, and also 10 percentage points higher than the next highest result the 76 percent in Melbourne.
 
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Alan Kohler says perhaps there's a Sydney housing bubble

<html><body>
Sydney has a preliminary clearance rate of 86.4 per cent for the week ending 21 August, according to CoreLogic. 
This is the highest preliminary rate Sydney has reported since the first week in June 2015.
Sydney's North Sydney and Hornsby region, held 111 auctions with 94 results have been reported and a clearance rate of 94.7 percent. Baulkham Hills and Hawkesbury recorded the second strongest clearance rate at 94.1 percent.
<a href="/images/2016/08/22/Screen%20Shot%202016-08-22%20at%201.55.58%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/08/22/Screen%20Shot%202016-08-22%20at%201.55.58%20PM.png" alt="">
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