<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

<html><body>
Sydney's auction success rates may be decreasing however private treaty listings are still selling at near record speed.
Houses across Sydney are typically finding buyers after 27 days of their listing on real estate websites and shop front window displays.
That's just one day slower than the 26 day record set in July this year, according to CoreLogic RP Data. 
Non-auction Sydney house listings were selling at 28 days this time two years ago.
Acacia Gardens, near Blacktown has been cosistently dubbed the fastest selling suburb, with agents securing sales at an average of just 15 days on market.
Sydney celebrity couple Kerryn Phelps and Jackie Stricker-Phelps easily bettered their own suburb rate of sale when selling their weekender in Bundeena within 19 days of listing earlier this week.
"It was a unique beachfront location,' selling agent Debbie Donnelley at Phillips Pantzer Donnelly who secured above the $3.3 million price guidance. 
Private treaty sales in the southern Sydney beach suburb typically take 100 days before sale, according to CoreLogic RP Data.
While other capital cities have narrowed the gap, only Canberra comes close to the speed at which Sydney is selling.
Canberra houses are selling at 28 days with Melbourne the next fastest at 31 days. Darwin is the slowest at 99 days before vendors find their buyer.
Ofcourse over summer agents start struggling to sell surplus stock at spring time speed with the rates set to sell down to around 50 days. 
The biggest change in the Sydney property market over recent months has been the auction clearance rate.
The rate at the end of September 2013 was at a high 88.4%, however now stood last Saturday at around 64 per cent.
<div title="Page 1">
Across Sydney over the past seven days there were 1,024 auctions with a clearance rate of 61.3 per cent, far from the strength seen earlier this year when there were 22 consecutive weeks at 80 per cent or above.
There are 1,450 Sydney homes scheduled for auction over the coming seven days, more than at the same time last year when there were around 1,259 offerngs.
It is the highest number of weekly auctions scheduled since March this year, CoreLogic RP Data advised. 
The most popular suburbs for auction this week are Bellevue Hill (18); Paddington (16), Coogee (15), Killara (15) and St Ives (15).
</div>
</body></html>

jchancellor-FAypfDUnLy

Sydney's swift private treaty market despite auction clearance rate slump 

<html><body>
Sydney's moderating auction market lost more ground yesterday, with buyers spooked by higher interest rates and price fall predictions.
A weakened 65% clearance rate ended a turbulent weak where Westpac raised home loan rates and several economist forecast the Sydney faced price declines from early next year.
There were around 820 auctions across Sydney, according to CoreLogic RP Data, with recent results having held steady at around 70%. 
Yesterday's 65% clearance rate, the lowest since the 86% May peak, was down 11% on the same time last year, according to Australian Property Monitors. 
More bumper super Saturdays stock is scheduled over the next two weekends.
"There were lots of examples of buyers dropping off properties in the days before auction," auctioneer Damien Cooley noted.
"There is more choice now," he said, adding Cooley Auctions own clearance rate was 63%, down from 77% the prior weekend.
"The market is still good," he said.
There were also plenty of pre-sales with nervous agents recommending vendors take the best offers ahead of auction.
Melbourne results remained bouyant, according to the REIV, with a clearance rate of 74 per cent recorded this weekend compared to 72 per cent last weekend and 72 per cent this weekend last year. There were 1080 auctions reported to the REIV. 
Across Sydney, 1,074 homes were taken to auction over the week with a preliminary clearance rate of 66.6 per cent across 830 reported results, according to CoreLogic RP Data, which ranked it as the lowest clearance rate for the year and also the third week in a row where Sydney’s clearance rate has been below 70 per cent.
"The last time the clearance rate was this low was the first week of December 2014 (66.1)," CoreLogic RP Data said.
Last October 929 Sydney homes were taken to auction and the clearance rate was 72 per cent.
"This week, the performance across Sydney’s individual sub regions was varied," CoreLogic RP Data said.
Across the Outer South West region, where 21 results have been reported so far, the preliminary clearance rate was 47.6 per cent, while across the Inner West (80 per cent) and the Eastern Suburbs (76.8 per cent), the success rate of reported auctions was much higher.
McGrath Estate Agents results saw 33 % of its listings sold before auction, with an overall 65% clearance rate. 
McGrath secured the highest sale at $4.25 million in Longueville for a home listed with $3.4 million plus hopes.
The cheapest was $357,000 at Kurrajong Heights.
<div>
Mosman was the busiest suburb for auctions followed by Ashfield, Baulkham Hills, Marrickville and Liverpool.
Shane Oliver, chief economist at AMP Capital, suggested  it a “watershed week” for property.
A terse Reserve Bank statement ended the week saying home loan lending standards had been poorer than it thought.
The RBA also noted there have been "tentative" signs of some slowing in the Sydney housing markets.
CoreLogic RP Data analyst Cameron Kusher noted the cumulative effect of tighter lending conditions, more expensive mortgage rates for investors and lower yields, as well as natural affordability constraints and higher levels of new housing supply, was dampening "some of the exuberance."  
 
<div>
 
</div>
 
</div>
</body></html>

Westpac rate rise spooks Sydney buyers as auction success rate slips to mid-60s

<html><body>
Sydney's top selling home of the grand final weekend was 17 Berrillee Street, Turramurra which fetched $4.22 million.
Meeting its reserve price, the five-bedroom house on 1500 square metres sold to a young family from the Homebush district.
There was just the one other bidder, an upper north shore local wanting to buy the renovated 1940s home. It previously sold at $2.9 million in 2005.
<img src="https://i3.au.reastatic.net/800x600/ca63a268bba8c5d39f77da684cacb704168b81451c6167bc818e797914764dd6/main.jpg" alt="17 Berrillee Street, Turramurra" title="17 Berrillee Street, Turramurra" data-index="0">
<a href="https://www.realestateview.com.au/Real-Estate/17-berrillee-street-turramurra/Property-Details-buy-residential-9488062" target="_blank">David Bokor of LJ Hooker Pymble</a> secured the property sale.
In Sydney, CoreLogic RP Data's preliminary results show a clearance rate of 71.4 per cent across 448 results.
The Inner West region of Sydney, where 32 auction results have been reported with a clearance rate of 90.6 per cent, sits as the strongest performing sub-region.
The east and city and Inner South (79.4 per cent), and North Sydney and Hornsby (78.2 per cent) also recorded strong clearance rates.
</body></html>

Turramurra, Sydney's top weekend seller as clearance rates hover in low 70s

<html><body>
There was just the one reported sale at $500,000 or less at Sydney on the long weekend.
It was a $500,000 sale in Strathfield South.
The 11/1-3 Therry Street offering (below) was sold pre-auction through Richard Baini at Richard Matthews Real Estate.
<img src="https://i3.au.reastatic.net/800x600/a10ff8779a9175f208c880ff10c7d967548d421c8028b8afd6f044c17f420438/main.jpg" alt="11/1-3 Therry Street, Strathfield South" title="11/1-3 Therry Street, Strathfield South" data-index="0">
It was a 69 sq m two bedroom apartment in a 1966 block of 11.
It last sold at $243,000 in 2007, so doubled in price over the eight year period.
The most affordable property reported sold at the weekend on the outskirts of Sydney was a two-bedroom 72 sqm, 1980 built, strata home at 4/40-42 Ocean View Road, Gorokan, sold for $300,000 by Raine and Horne Charmhaven.
It didn't double in the past 13 years pricewise, having last traded at $160,000 in 2002.
</body></html>

Sydney's cheapest at $500,000 in Strathfield South amid long weekend auction offerings

<html><body>
The international celebrity chef Bill Granger and his wife Natalie Elliott have bought a two-storey, near-beachfront Tamarama holiday home.
With panoramic ocean views, the $4.8 million purchase comes several months after selling their hillside 1920s Bronte Californian bungalow for $3.4 million.
Granger and Elliott had bought in Bronte after their earlier Tamarama house sold for $2.5 million to singer Tina Arena in 2008.
The couple and their three daughters Edie, Ines and Bunny now live in W2 London and seemingly don't harbour plans any full time return to Australia.
Holidays back home yes, along with return trips to oversee the stellar success of Bills Bondi, the latest local addition to his stable of restaurants around the world.
Having not deviated from serving ricotta hotcakes, sweetcorn fritters and his trademark creamy, almost mousse-like, scrambled eggs, there are now Bills cafes now in Japan, Hawaii, Seoul and London.
The Fleet Street press call him the sunny Australian chef who after making the move in 2012 to open Granger &amp; Co in Notting Hill has recently opened his third London restaurant at King's Cross on Pancras Square. 
The globe trotting Bill Granger got his training at the iconic La Passion du Fruit on Paddington's Oxford Street after hailing from Melbourne. 
The La Passion proprietors Chrissie Juillet and Jean-Claude Wane had that communal sense of a family kitchen table interaction at the cafe, which Granger replicated when he opened the original Bills in Darlinghurst in 1993, when he was just 24.
Granger's latest four bedroom purchase is opposite Mackenzies Beach overlooking the Bondi to Bronte coastal walk with ocean views.
It was sold through Pauline Goodyer at Goodyer Real Estate who marketed it as offering "the quintessential beach-side lifestyle."
With expansive covered entertainment terrace there is a spacious eat-in granite kitchen with stainless steel fittings. It was sold by the owner builder Sher family.
This article first appeared in The Saturday Daily Telegraph.
</body></html>

Sunny Australian chef Bill Granger buys back in Tamarama

<html><body>
Sydney's cheapest weekend auction sale was a two bedroom unit located within minutes of Liverpool CBD and Liverpool Train Station.
"The unit is in desperate need of TLC and would be an ideal opportunity for a renovator or investor," the marketing indicated.
The second floor unit with single garage and balcony area fetched $344,000.
The unit had internal area of 58 sqm.
It was offered through <a href="https://www.realestateview.com.au/Real-Estate/12-13-speed-street-liverpool/Property-Details-buy-residential-9359164" target="_blank">Ray White agent Fabio Screpis</a>. It was among three weekend Liverpool sales under $400,000, and the only sales across Sydney at that price level.
The block's three most recent sales were $310,000, $300,000 and $290,000.
Sydney's most affordable property reported sold on the first weekend of spring was also a two-bedroom unit at 19/60-62 Speed Street, Liverpool sold for $355,000 through Prudential Liverpool.
Agent Simon Perri was quoting $320,000 plus.
Sales this year<a href="https://www.domain.com.au/sold/19-60-62-speed-street-liverpool-nsw-2170-2012172159" target="_blank"> in the block had hit $350,000</a>.
The likely rent by the investor buyer is estimated at between $300 and $320 a week.
There were four registered bidders, with it sold soon after auction.
Liverpool had three of the eight sub-$500,000 weekend sales on September 5.
</body></html>

mick.cee-iDmgDDAmu8

Liverpool again Sydney's weekend cheapest

<html><body>
<div>Total housing finance came in at a seasonally adjusted $32.8 billion in July, which represented a 1.5% increase on the June result - following on from a 3.6% increase in June - but remained slightly below the record high of $33.1 billion seen in April this year.</div>
<div> </div>
<div>On a trend basis total housing finance ticked up to a new high of $32.6 billion to be 15% higher than one year ago.</div>
<a href="/images/2015/09/10/HF1.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/10/HF1.jpg" alt="">
<div>Investment loans increased moderately to $13.6 billion in July, but this was also slightly below the April high of $14 billion, suggesting that APRA's cooling measures are beginning to take hold.</div>
<div> </div>
<div>On a rolling annual basis investment loans have continued to shoot the lights out through an unprecedented surge, with investors accounting for more than half of loans written excluding refinancing.</div>
<div> </div>
<div>Although this is inevitably forcing prices higher in some cities, we are now increasingly seeing more landlords than prospective renters in some locations, and rents in these locations will stagnate or fall.</div>
<div> </div>
<div><a href="/images/2015/09/10/HF2.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div class="separator"><img src="/images/2015/09/10/HF2.jpg" alt=""></div>
 
<div>State versus state</div>
<div> </div>
<div>At the state level there were increases in owner-occupier commitments in most states and territories in seasonally adjusted terms in July, but declines were seen in the Northern Territory and the ACT.</div>
<div> </div>
<div>Driven by a fear of missing out, Sydney homebuyers are thrusting New South Wales loan values off the top of the chart with more than $73 billion of lending over the past year. A huge boom. With APRA measures dialling back riskier investment lending as sure as night follows day lenders will be targeting homebuyers, with home loan products now available from interest rates of around just 4%. </div>
<div> </div>
<div><a href="/images/2015/09/10/HF3.jpg" target="_blank">Click to enlarge</a></div>
<div> </div>
<div class="separator"><img src="/images/2015/09/10/HF3.jpg" alt=""></div>
Brisbane's owner-occupier commitments have continued their studious recovery, with loan values at the state level ticking up to their highest level since March 2010 on a 12mMA basis, although mining and resources regions are continuing to weigh heavy acting as a drag on the state data. 
<a href="/images/2015/09/10/hf4.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/10/hf4.jpg" alt=""> 
<div>As for New South Wales in July, at $7.5 billion of owner-occupier commitments in July there has never another month like it it any state or territory, with commitnents accelerating to be tracking an enormous 28% higher than one year go.</div>
<a href="/images/2015/09/10/HF5.jpg" target="_blank">Click to enlarge</a>
<div class="separator"><img src="/images/2015/09/10/HF5.jpg" alt=""></div>
<div class="separator"> </div>
<div>The incredible Sydney property boom evidently has some steam left in it yet. 
</div>
<div>Despite this apparently indefatigable Sydney largesse, with inflation and now total housing finance apparently both under control in recent months, any further increase in the unemployment rate is likely to be met with calls for further rate cuts.</div>
<div> </div>
<div>
PETE WARGENT is the co-founder of <a href="https://allenwargent.com/" target="_blank" rel="nofollow">AllenWargent</a> property buyers (London, Sydney) and a best-selling author and <a href="https://petewargent.blogspot.com/" target="_blank" rel="nofollow">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" rel="nofollow">Four Green Houses and a Red Hotel</a>.
</div>
</body></html>

pwargent-M4siyDbqQY

The incredible Sydney property boom has steam left in it: Pete Wargent

<html><body>
Sydney's preliminary clearance rate for the week ending 6 September stands at 78%, up from 75.1% last week and below's last year's figure for the same time of 80.1%, according to CoreLogic RP Data's weekend market summary.
<div class="page" title="Page 1">
<div class="section">
<div class="layoutArea">
<div class="column">
North Sydney and Hornsby had 154 homes under auction and based on preliminary results, a clearance rate of 83.6%.
The inner west had a clearance rate of 88.6% and the eastern suburbs 84%.
</div>
</div>
</div>
</div>
<a href="/images/2015/09/07/Screen%20Shot%202015-09-07%20at%209.07.11%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/09/07/Screen%20Shot%202015-09-07%20at%209.07.11%20AM.png" alt="">
</body></html>

Sydney's preliminary clearance rate at 78%: CoreLogic RP Data

<html><body>
Australian Property Monitors (APM) has released a list of auction results in Sydney for the weekend of 5 September.
<a href="https://www.homepriceguide.com.au/saturday_auction_results/Sydney.pdf" target="_blank" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.
</body></html>

APM's Sydney auction results for 5 September 

<html><body>
Australian Property Monitors (APM) has released a list of auction results in Sydney for Saturday August 29. 
<a href="https://www.homepriceguide.com.au/saturday_auction_results/Sydney.pdf" target="_blank" rel="nofollow">Click here</a> for the auction results, and click on each street address to see the property's marketing.
</body></html>

Sydney

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Sydney

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News