<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.

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“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.

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[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.

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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.

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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.

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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.

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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.

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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.

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Title Tattle

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Celebrity manager Nick Fordham is selling the Redfern terrace he has renovated over the last eight year.
Fordham, who is the boss of the celebrity management business The Fordham Company, paid $1.4 million for the <a href="https://www.realestate.com.au/property-house-nsw-redfern-129476326" target="_blank">William Street home</a> in 2010.
He's now asking $2.5 million for the 1880s colonial cottage that was renovated with recycled and reclaim materials (above and below).
<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/2018/10/4/fordham2.jpg" alt="">
The home with dual level layout has three bedrooms, three bathrooms, a media room and a master retreat.
Steel-framed doors open from the living area to a deck and private courtyard garden.
Cobden &amp; Hayson agents Matthew Hayson and Brigitte Blackman are marketing the home for a November 3 auction.
 <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/2018/10/4/fordham3.jpg" alt="">
Nick heads up The Fordham Company, whose clients include entrepreneur Mark Bouris, media personality Tony Squires and Nine presenter Julia Snook.
Fordham hit the headlines last year when he negotiated the move of client Lisa Wilkinson from the Today Show to Channel Ten's The Project after the gender pay dispute.
The Fordham's have a history with Redfern.
Nick's brother, 2GB radio presenter Ben Fordham, previously lived in Redfern. He sold the industrial terrace last year for $3.2 million as he moved to the Lower North Shore with his family.
He retains an investment property which, having failed to sell late last year, became a $1,800 a week rental.
 
 
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jrobinson-rf4aSBido9

Celebrity manager Nick Fordham lists in Redfern

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Enduring celebrity chef Justine Schofield has traded up in the eastern suburbs to Clovelly.
Schofield, who presents Everyday Gourmet on Channel Ten for the last seven years, sold her Queens Park apartment.
Her 1920s Clovelly house (pictured above), with ocean glimpses, cost $2.6 million. It is a four bedroom semi on 200 sqm, set closer to Queens Park than the beach.
Updated since it last traded for $805,000 in 2003, the residence features a home office, a master suite with its own balcony and a private outdoor entertaining area off the open plan kitchen, living and dining area.
She'll no doubt be taking advantage of the tropical outdoor setting as in a recent interview she said she adored alfresco eating.
"Nothing better than having a laugh, great food and wine with your friends while enjoying daylight savings," she said.
<img src="https://www.urban.com.au/images/2018/7/13/Clovelly%20spaghetti.JPG" alt="">
Belle Property Bondi Junction agent Daniel Gillespie sold the home which also comes with an impressive kitchen.
Schofield made a tidy profit on her Queens Park unit when it sold for $880,000 earlier this year.
The one bedroom designer apartment on the top floor of a Brian Meyerson Architects-designed block cost her $587,000 in 2012, showing a strong 17% percent annual price growth.
She bought the apartment a year after her first episode aired. She's now racked up over 500 episodes.
Schofield, who has been recently promoting the culinary delights of the Northern Territory, is Masterchef success story.
She competed in the first ever series back in 2009, making it to the final four. 
Up until last year she had been in a long-distance relationship with Channel 7 news presenter Matt Doran.
Doran had been based in the US, hosting cable crime show Crime Watch Daily. The pair kept the relationship going for a further two years.
Season eight of Everyday Gourmet with Justine Schofield began earlier this month.
This article first appeared in The Sunday Telegraph. 
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Celebrity chef Justine Schofield buys in Clovelly

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Sky Racing presenter Jaimee Rogers has scored over $1 million for redundant North Sydney apartment, finding a buyer after just one open.
The two bedroom unit was set to go to auction in mid-October, a few hours before she was set to take to the track to report on the TAB Everest, the world's richest race on turf.
Peter Shiplee at The ­Agency secured the quick sale.
Rogers bought the apartment with husband David Oliver for $940,000 in 2015. 
Set on the ground floor of the ­Regency Block, the couple’s courtyard Miller St apartment spans 136 sqm. It has two bedrooms and two bathrooms.
The couple, who late last year had their first child, son Hudson, are set to upsize to a 1910 Federation home in nearby Cammeray.
They have paid around $1.7 million for the two bedroom, freestanding home with a courtyard garden.
It’s been updated but ­retained its traditional hallway with decorative archway.
The master suite has stained glass windows and an original fireplace.
Rogers, a former national swimmer who contested the 2000 Sydney Olympic trials, has been at Tabcorp since 2009.
In 2012 comedian Sam Mac’s video parody on Rogers went viral.
It was 2014 she became a mainstay on shows such as Fox Sports’ Matty Johns Show. 
Jaimee is also seen regularly on Sky Racing, hosting magazine shows, including Formline Extra.
 
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Sky Racing's Jaimee Rogers sells North Sydney apartment in a week

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The Tudor-style Bonnington in Bellevue Hill sold at its onsite mid-week Ray White auction for $20.4 million, in a competitive atmosphere between three bidders.
But the vendor, Sydney art collector John Schaeffer, accepted less than the $20.5 million paid last year.
It was announced on the market by auctioneer James Keenan at $19.7 million.
It was marketed through Ray White Double Bay agents Elliott Placks and Ashley Bierman.
In between Schaeffer advised he had “significantly refreshed and improved” Bonnington, revealing he'd removed old carpet, restored timber floors and replaced electric switchboards and lighting during his very brief ownership.
Given the $1,375,000 stamp duty fees and other costs, Schaeffer needed $22 million plus to make his money back on his fix and flip of Bonnington.
There is plenty of equity held by Schaeffer based on the registered mortgages. 
The 1930s six bedroom home was designed by acclaimed architect F. Glynn Gilling. 
The home was in the Christie family for 56 years.
It sits on over 2,200 square metres.
Schaeffer once called the more impressive Rona at Bellevue Hill his home. 
The 1880s hilltop estate was sold 13 years ago to the property developer Terry Agnew and his estranged wife, Kyril, who are rumoured to have agreed terms for its sale. 
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John Schaeffer's Bonnington, Bellevue Hill sells at loss

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The Warrawee home of miner Jerry Ren, who was once dubbed the Northern Territory’s only billionaire, is whispered to have been sold.
Bremon, which cost $11.5 million in 2010, is an imposing house on a 6400 square metre Chilton Parade holding.
There are suggestions the Chinese-born Australian Wilson Hui Xiong Xue, the self-described shoe king of China who dabbles in mining, may have an interest in its acquisition.
Xue owns the former Balmoral Slopes home of Richard and Jane Freudenstein that cost $23,733,800.
Ren has been bankrupted and is separated from his wife Xia Kong. 
This article was first published in the Sunday Telegraph.
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Jerry Ren's Warrawee home rumoured to have been sold

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The Darling Point home of Steve Duchen, of the rich lister pharmaceutical family, and wife Polly, remains listed for sale after its mid-September auction.
There were $8 million hopes for the three level home that the couple bought in 2013.
They paid $4.55 million when buying from former Racing NSW and Sydney Turf Club chairman Alan Brown and wife Belinda.
Set on a 415 square metre Darling Point Road parcel, the home features grand interiors, with dark oak floors and high ornate ceilings.
It has six bedrooms, a Boffi kitchen with Italian marble and landscaped terraces.
Ben Collier at The Agency was marketing the home which attracted no bids from the one registered bidder.
He passed in the Darling Road, Darling Point on a vendor bid of $7.9 million.
In 1996 Duchen purchased an 111-hectare property at Seven Mile Beach, outside Byron Bay on the far north coast, and with architect Phil McMaster developed it into the sustainable Linnaeus Estate.
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Rich lister Steve Duchen still waiting for buyer on Darling Point listing

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Margaret Kelly, who was the screenwriter of early 1980s coming-of-age film Puberty Blues, is selling her Ocean Shores home in the Northern Rivers region of NSW.
Kelly, a television script-writer for four decades, has lived there for the past eight years, having previously resided at Mona Vale, Bilgola and later at Fisherman's Bay in Port Stephens. 
The home on 1372 sqm backs onto the ninth green of the Ocean Shores Country Club.
There's plenty of buggy space in the garage of the home being marketed as a "golfers paradise" by Peter Browning at LJ Hooker Brunswick Heads.
The home has four bedroom, including a fully self-contained one bedroom flat in the basement.
Kelly shared the 1978 Logie Award for best dramatic script with John Dingwall for the 1977 hit Pig in a Poke in which a wealthy Melbourne doctor moves to Redfern amid the disenfranchised and impoverished state of Australia's indigenous population.
She wrote scripts for McLeod's Daughters, Homicide, A Country Practice, The Cowra Breakout, G.P, Heartbreak High and SeaChange. 
Kelly's adaptation of Puberty Blues, had been optioned from the then as-yet unpublished stories of Kathy Lette and Gabrielle Carey, whom she had met at a writing workshop in a suburban theatre.
This article was first published in the Sunday Telegraph. 
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Screenwriter Margaret Kelly lists Ocean Shore home

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Sydney Swan rookie Jordan Foote hasn't strayed far from his hometown when buying his first apartment.
The 22 year old midfielder snapped up a two bedroom unit in Maroubra for $877,500 after it spent just 15 days on the market.
It looks like a savvy purchase by Foote, after it had a guide of $895,000.
Foote's 68 sqm apartment features a granite kitchen with breakfast bar and a bathroom with walk-in rain water shower.
He secured a $650 a week tenant, reflecting a near four percent rental yield.
McGrath Edgecliff agents Eitan Rubinstein and Melissa McCormack sold the apartment.
The Maroubra local, who grew up playing AFL for the Maroubra Saints, was drafted by the Swans in the 2015 rookie draft.
Another two other apartments in the 1970s boutique block of nine have sold this year for $905,000 and $910,000.
Foote was drafted by the Swans in the 2015 rookie draft, making his debut the following year.
He hasn’t played a game for the Swans in 2018, battling a toe injury and has played six games in the NEAFL. 
Foote joins the likes of fellow Swans Isaac Heeney and Heath Grundy who call the suburb home.
Luke Parker has recently sold his investment townhouse in Maroubra, the first property he bought when he was xxxx in 2013.
It was the year he stepped up from the subs bench to become a regular starter.
He paid $915,000 for the townhouse in 2013 and just finished a renovation before he listed through Belle Property Randwick agents Brooke Marshall and Lucas McKay.
This article was first published in the Saturday Telegraph. 
 
 
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Sydney Swan rookie rentvestor Jordan Foote buys in Marouba

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The Mosman property merry go-round continues into Spring, but downsizing hardly comes cheap.
Susie Stenmark, matriarch of the Stenmark modelling clan, and businessman husband Damien have bought back into the Mosman market, but their downsizing cost $7.5 million.
With four bedrooms and just two bathrooms, it will be a bit of a squeeze if any of the children come back home.
They sold their long-held trophy home the five bedroom, five bathroom Cardross for around $11 million.
They continue the trend of few residents wanting to depart the millionaire's playground.
It was Cardross where they brought up their four children, including Australia's hottest modelling exports Jordan and Zac Stenmark.
They have been at the grand turn of the century home since paying $2.65 million in 1998 when the twins were six.
Raine &amp; Horne Mosman agent Brendan Warner sold the home to the also downsizing former Foxtel chief executive Richard Freudenstein and his wife Jane.
They sold for around $23 million having paid $12.75 million in 2006 when trading up in the suburb. 
The Freudenstein sale was a Mosman record when sold in February, however that's since been topped last month when the Sydney Swans chairman and Moelis investment banker Andrew Pridham and wife Carolyn paid $25 million for Hopetoun.
The Pridham's too live locally at their nearby mansion at Clifton Gardens.
Millionaire philanthropist and RAMS Home Loans founder John Kinghorn and wife Jill also stayed locally with their recent property trades.
They sold their long-held harbourfront mansion for around $12.5 million to downsize to a $10.22 million apartment in the nearby Watermarque building.
The four bedroom unit with swimming pool and boat house was Mosman's first double-digit apartment sale.
The couple had owned the five bedroom Carrington Road home since 1982 when they paid $1.3 million.
Mosman has just gone past a $4 million median house price, according to CoreLogic from its past 200 sales over the last year.
Its busiest year saw 330 sales in 2015 when the median price was $3 million.
This year some 14 house sales have been sold above $10 million in Mosman, just one short of last year's tally with the Spring sales season yet to come.
Last year saw $1 billion in house sales, with this year's spring selling season's 50 plus listings including BetMakers boss Nick Chan's $5 million plus home.
This article was first published in the Saturday Daily Telegraph. 
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The Stenmark's join the downsizing Mosman property merry go-round

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Rondalay, the Gold Coast home of the late entertainer Simone Troy sold at auction last weekend for $2.9 million through Harcourts BMG agent Derek Keen.
There were 10 registered bidders for the Carrara home of the drag performer who passed away in September last year.
<a href="https://www.realestate.com.au/property-house-qld-carrara-129041878" target="_blank">The 2700 sqm riverfront property</a>, behind electric wrought iron gates, featured a two-level five bedroom English-style manor with French colonial sash draped windows.
The buyers were from Tasmania.
Troy, who throughout the 1960s, '70s and '80s was one of Sydney's top showgirls, paid $1,175,000 in 2001 when her South Coogee residence sold through Pauline Goodyer.
The Lower Liguria Street waterfront, her Mediterranean-style villa for 25 years, sold for $3.07 million.
This article was first published in the Weekend Australian. 
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