Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Title Tattle

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The Home Affairs Minister Peter Dutton failed to sell his Gold Coast beachfront investment at weekend auction.
The two-storey Palm Beach property sits on a 546 sqm holding, on one of the coast's most exclusive beachfront strips.
The four-bedroom, three-bathroom house went to Sunday auction through Kollosche agent Troy Dowker.
Despite 11 parties registered, the absolute beachfront was passed in at $4,355,000, The Australian reported. 
Real estate agent Troy Dowker of agency Kollosche advised there had been a higher offer made prior to auction.
Its views are north to Burleigh Heads, the city skyline and South Stradbroke beyond.
Its marketing suggested the property is ripe for redevelopment, with the option of renting for up to $1800 a week. 
Dutton paid $2.235 million in 2014.
Dutton and his wife, Kirilly bought back in the hinterland outside of Brisbane earlier this year, around Daybook, the country town in the Moreton Bay hinterland.
They bought back in Dutton's Dickson electorate, securing a 70 hectare subdivision for $2.1 million.
In 2019 Dutton has sold his Canberra apartment in Kingston for $540,000.
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firstname1-iYD4UYzvBa

Peter Dutton's Palm Beach, Gold Coast beachfront investment fails to sell at auction

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Clendon, a six-bedroom 1920s Toorak house has been snapped up for $22.1 million following its four week expressions of interest marketing campaign.
The two-storey house with tennis court, set on a 2360 sqm Clendon Road holding, had a $18.5 million to $20.35 million price guide.
There has been no formal sale notification from its Marshall White listing agents Richard McKinnon and Fraser Cahill who advised of its sale on Wednesday.
It was the home of the mapping and adventure company Emprise Group chairman Sam Hayward.
It last traded for $3.4 million in 1995, having been for sale for some three years starting in the last recession.
<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/2020/DEC/3/Clendon%202.jpg" alt="">
The other big ticket recent Toorak sale was the newly built Toorak home of Australian Finance Group co-founder Malcolm Watkins and his husband,  Peter Kerr.
It possibly fetched just above $25 million through Sarah Case at RT Edgar.
The 4-5 Myvore Court, Toorak home was listed by the couple who've decided to spend more time on the Gold Coast after Melbourne’s COVID-19 lockdown.
They lived at the five bedroom mansion for AROUND a month before heading north.
They retain a Mount Martha abode.
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j.ballantyne1990-6AQqhLzZaK

Clendon, Toorak home sells for $22.1 million

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Rugby league legend and Channel 9 presenter Wally Lewis is selling his waterfront home.
The 30-time Queensland State of Origin captain bought the four bedroom waterfront property in Birkdale along the Redland coast in Brisbane’s east in 1994.
He paid $275,000 for the property which he has held for so long that the land alone is valued at $1.15m last year, according to CoreLogic records.
Features include pontoon, tennis court, pool and plenty of barbecue space.
Records show he also owned a three bedroom beach house in Kings Beach which he sold five years ago for $590,000. 
The home has quickly found a buyer at an undisclosed price.
He also owns a four-bedroom house in Tingalpa.
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Rugby league legend Wally Lewis lists longtime Birkdale home

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Former Block contestant turned radio and TV presenter Andy Sunderland has purchased his first home.
Located in Highton, the K rock and Channel 9 host saw plenty of potential in the three-bedroom house near the Barwon River.
Sunderland and girlfriend Lou Conheady beat two other bidders at auction in mid-November.
It sold under the hammer for $657,000.
The house offers duel living zones with a treetop aspect, a deck for outdoor entertaining and a two-way bathroom off the main bedroom.
The original 1980s interior is set for a full renovation, starting with the slate-tiled kitchen, but the pair are in no rush.
 
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Former Block contestant Andy Sunderland buys first home in Geelong

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Byron Bay property developer and 'Spa King' Eddie Phillips has forked out roughly $4.5 million for an off-the-plan Brisbane penthouse.
Construction has started on the boutique residential development, Maison, in New Farm, where Phillips has snapped up the top floor home.
He is working with Maison developers Rob and Andrew Gray of Graya, and Frank Licastro of Frank Developments to customise the penthouse.
Phillips, who made his fortune developing the Phillip Wain spa business in Hong Kong, recently sold his three-level Byron Bay trophy home known as Villa Gabrielle on Lighthouse Road for more than $9 million.
Maison is set to become a landmark development in Brisbane, featuring landscaped planting wraps that cascade along the curved façade.
<img src="https://www.realestate.com.au/blog/images/1280x720-fit,progressive/2020/11/20000231/capi_4a2577ac45c3edb60076f348bd6fbe0c_012324d2a33a10391d1711953a2b0975.jpeg">
The building at 60 Moray Street will comprise only five, full-floor sky homes — embracing the growing demand for low-maintenance apartments with house-like qualities.
There are now only three residences left, with the third level recently selling to a Sydney buyer for just over $3 million.
Mr Gray said there had been a lot of interest in the penthouse.
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Property developer Eddie Phillips spend $4.5 million on off-the-plan Brisbane penthouse

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Australian DJ Will Sparks is selling Onyx, the luxury Paddington, Brisbane home he bought just last year.
He quietly snapped up the home for $2.35 million before it even it the market, just after it was completed by go-to home builder Graya Constructions to a design by Joe Adsett Architects.
But after settling on the home in September 2019, Sparks, with his girlfriend Brooke Clancy, was spending more time in his native Melbourne and the luxury home became a rental. He sought $2,200 a week.
Constructed with a nod to the traditional Queenslander form with its clean lines, the contemporary home on 405 sqm has five bedrooms, four bathrooms and a temperature controlled wine cellar.
<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/2020/DEC/2/Onyx%201.jpg" alt="">
A rear terrace flows to the grassed lawn and a swimming pool and a rooftop deck has views across the city.  
Ray White New Farm agent Matt Lancashire has the listing.
Sparks, who played around 300 shows a year pre-COVID, was named the number one Australian DJ in 2014. 
 
 
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jrobinson-rf4aSBido9

DJ Will Sparks lists Onyx, his luxury Paddington property

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Insurance regulator, Geoff Summerhayes, and his interior designer wife, Henrietta, have listed their Cremorne Point home.
It coincides with his forthcoming departure from Australian Prudential Regulation Authority which sees plans to move to their 20 hectare Berry property on the NSW South Coast.
The six-bedroom Iredale Avenue, Federation residence on a 607 sqm block was a duplex when the then Suncorp Life chief bought it in 2007 for $2.3 million.
The pool was installed in 2008.
It has since been restored into a family home with space for the seven kids the couple share between them.
The Berry property produces grass-fed lamb for their select clientele.
The home comes with $5.5 million to $6 million hopes through Sotheby’s International.
The farm cost $910,000 in 2014.
Summerhayes, who said it had always been his plan to step down <a href="/news/geoff-summerhayes-appointed-new-apra-member-helen-rowell-to-deputy-chair">after his five-year term</a>, will look for some non-executive roles.
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Insurance regulator Geoff Summerhayes lists in Cremorne Point

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Art collector Lisa Paulsen and her husband, retired shipping executive Egil Paulsen, have listed their waterfront Kirribilli apartment.
The have expectations of an $11.5 million record for the three-bedroom apartment set in a block of six.
The north-facing waterfront apartment with boat facilities on Elamang Avenue apartment cost $5.5 million in 2014.
David Gillan, of Ray White, has scheduled a December 3 auction.
Kirribilli’s apartment record is $10,796,400 for an apartment bought by PNG expat Ingrid Richardson, an associate of former PNG prime minister Peter O’Neill, two years ago.
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Art collector Lisa Paulsen lists Kirribilli luxury apartment

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The Mitala Newport, a collection of four luxury houses, has seen another prestige sale, this one at $4.7 million.
It comes 14 months after the first sale in Mitala, a $5 million deal to a Castle Hill buyer.
The homes were designed by architect Mark Hurcum, who is keeping one.
Hurcum, along with an ­investor family, paid $6.1 million for the 3665 square metre Pine Lodge estate in 2017.
The homes have been were initially listed through LJ ­Hooker agents Peter Robinson, David Edwards, Claudio Marcolongo and David Watson, as well as Domain Residential agents Peter Grant and Nik Vuko in spring 2019.
The latest sale was notified by LJ Hooker Avalon.
Peninsula locals say other than one offs, there hasn’t been a quality housing project like it since John David’s Palm Beach triplex, The Boatshed.
 
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Mitala Newport secures another prestige sale

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La Joie de Vivre, the Bayview mansion that was the first house to be used on Australia's The Bachelor television series, has finally been sold after 622 days on the market.
The larger-than-life home was where chiropractor Tim Robards found love with Anna Heinrich.
The grand Minkara Road home <a href="/news/bayviews-la-joie-de-vivre-record-price-falls-back">last traded for $7.05 million in 2016</a> when it was sold by retired transport magnate Greg Poche and his wife Kayvan.
They made a substantial loss on the Minkara Road property, having paid $10 million back in 2003. 
The current longtime vendors are freight tycoon Clive Thomas and wife Lee, apparently secured around $9 million late last week.
They bought it when they were moving to Sydney where their company, C.T. Freight is headquartered, but have since returned to the Gold Coast.
<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/2019/3/20/Bay2.jpg" alt="">
When it sold in 2016, the then selling agency RED Property <a href="/news/red-property-donate-bayview-bachelor-home-sale-commission-to-charity">donated their $141,000 commission to charity</a>.
But no such generosity from the current agent Darren Curtis.
The vast French provincial-style mansion is inspired by the grand chateau's of the Loire Valley.
La Joie de Vivre sits on a private 4,090 sqm landholding with views across Pittwater to the ocean from its three levels and its sandstone terraces.
It is appointed with 24-carat gold filligree balustrades, parquet floors and arched French windows.
<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/2019/3/20/Bay3.jpg" alt="">
The home has six bedrooms, six bathrooms, a six car garage, a library, home gym and a temperature controlled wine cellar and tasting room.
Outside there's a commercial grade kitchen, resort-style pool, championship tennis court and a guest cottage.
Apparently there were mutiple parties interested despite is having lingered sadly unwanted for so long.
</body></html>

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