<p>After inspecting the a mixture of new apartment developments in Sydney's thriving north west corridor, Rouse Hill downsizers Lynne and Dale Kennedy were set to buy a two-bedroom apartment in <a href="https://www.apartments.com.au/developers/ellipse-property-group">Ellipse Property</a>’s Carrington Place development, until they saw the penthouse floorplans.</p>

<p>The retired police officer and her builder husband, aged in their mid-60’s, quickly upsized to a three-bedroom penthouse within the Atrium building, the first stage of the Castle Hill masterplan.</p>

<p>Their luxury apartment is one of eight in Atrium’s exclusive Penthouse Collection and features striking interior design. The penthouses offer flexible open-plan layouts with abundant space and tranquillity. With two living spaces, walk-in wardrobes and butlers’ pantries, Atrium’s penthouses feature large balconies with sweeping views to Cattai Creek and the wider Hills District.&nbsp;</p>

<p>“As soon as we saw the floorplan for this penthouse, we knew it was the one for us," Lynne said.</p>

<p>"It is oversized with abundant storage, so we know we are not going to feel cramped, even though we are downsizing from a large, five-bedroom family home. The open-plan design spills out to a large deck, perfect for entertaining and when the grandchildren visit. The finishes are top-quality and I love the butler’s pantry and integrated appliances in the kitchen – with the steam oven, pyrolytic oven and coffee machine all built in.”</p>

<p>High-quality material finishes and premium appliances are used throughout Atrium’s penthouse collection. Miele appliances in the newly-released Pearl Beige finish, Vintec wine fridges, Parisi tapware and fireplaces are set within luxe finishes including pure wool carpets and statement Caesarstone benchtops. Built-in barbecues, and in some cases bars and skylights, are further signature features of the penthouse design.</p>

<p>Dale Kennedy owns Inspect It FIRST, a building inspection company he has operated for over 25 years. With stringent views on design and build integrity, he was quick to recognise the quality behind the architectural design and iCIRT-rated builder, <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>.</p>

<p>“This penthouse sets a new benchmark in terms of quality and attention to detail. The floorplan is well-considered - special features like the skylight are a stand-out and not typical in new builds. The iCIRT-rated builder adds a further level of comfort buying off-the-plan, and we are confident that the finished apartment will be high-quality with no nasty surprises,” said Dale.</p>

<p>The Kennedy’s are excited at the freedom that apartment living will unlock for them.</p>

<p>[smartcode_project:default project_id=151821 project_image_fid=360287]</p>

<p>“We won’t have to maintain a house, swimming pool and gardens anymore, and are looking forward to having more leisure time," Lynne added.</p>

<p>"The low maintenance apartment lifestyle and security of the building means we can travel more and take extended trips. We can simply ‘lock and leave’, something we can’t do with a big house. We also love the location so close to Showground Metro Station and retail precinct, but without being in the thick of it. Everything is literally on our doorstep, just a few minutes’ walk. It will be so convenient being able to access the city so easily and not having to drive to the shops.”</p>

<p>After 11 years in their home on Morrisey Way, Rouse Hill, the couple will sell it before moving into their new penthouse. The expansive five-bedroom family home features a cinema, swimming pool and six-car garage.</p>

<p>There are just six penthouses left in Atrium’s Penthouse Collection in a mix of three- and four-bedroom configurations, ranging from 160 to 334 sqm in size and priced from $3.025 million to $5.4 million.&nbsp;</p>

<p>[smartcode_project:default project_id=151821 project_image_fid=360286]</p>

<p>According to <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, exclusive sales agents at Carrington Place, Atrium’s Penthouse Collection is meeting a groundswell of demand from local downsizers – aligned with broader trends in Metro-connected suburbs across Sydney.</p>

<p>“The Penthouse Collection sets a new standard for apartments in Castle Hill,"&nbsp;said Blake Schulze, National Director – Residential at Colliers.</p>

<p>"There is simply nothing else like these penthouses. Downsizers are drawn to their house-like scale and premium finishes. With sought-after views plus access to outstanding new local amenities, the Penthouse Collection unlocks a new lifestyle for buyers.</p>

<p>Schulze says buyers are drawn to Carrington Place’s lifestyle with close proximity to the Showground precinct’s vibrant mix of retail and dining options.</p>

<p>"Being able to walk to the Metro and this rapidly emerging lifestyle hub is of huge appeal to this demographic.”</p>

<p>According to Puja Khanna, Associate Director at Ellipse Property, the carefully curated interiors are proving to be a point of difference.&nbsp;</p>

<p>“Our floorplans have been thoughtfully considered, knowing that many buyers will be downsizing from large homes," Khanna says.</p>

<p>"Smart and abundant storage was an absolute must. And for many of our buyers, entertaining is a priority – with adult children, grandchildren and family visiting and sometimes staying over. We made sure bedrooms are spacious and living spaces are oversized, and kitchens incorporate butler’s pantries alongside the latest appliances."</p>

<p>Atrium is under construction by award-winning iCIRT-rated builder Decode Group, with completion scheduled for Q3 2026.&nbsp;</p>

<p>[smartcode_project:default project_id=151821 project_image_fid=360285]</p>

<p><a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a>, the second stage&nbsp;of Carrington Place, is set to commence construction later this month on the back of Atrium’s significant sales success, with 85 per cent of all apartments now sold.</p>

<p>Carrington Place will be constructed across multiple stages and deliver more than 800 new homes, with the entire precinct set for completion in 2032. It will feature abundant open space with over 20,000 sqm of outdoor recreational area, including a one-kilometre boardwalk to the nearby Fred Caterson Reserve.&nbsp;</p>

<p>The project is also integrated with the surrounding bushland, with a site boundary that stretches to the edge of Cattai Creek, immersing residents in the beauty of Sydney’s ‘Garden Shire’.</p>

<p>The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.</p>

<p>[smartcode_project_cta:default project_id=151821]</p>


Joel Robinson

Local downsizers set sights on Carrington Place, Castle Hill penthouses

<p>Lifestyle, residential and wellness developer <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a>, and joint venture development partner lNT.RE (formerly Icon Developments) have announced the popular SOAK Bathhouse brand will anchor the ground floor of their $160m luxury <a href="https://www.apartments.com.au/new-apartments/emerald-place-by-lowe-living-200-clarendon-street-south-melbourne-vic-3205">Emerald Place</a> development at 182-200 Clarendon St, South Melbourne, which is set to open in August 2026.&nbsp;</p>

<p>This will be the second Melbourne outpost for the SOAK Bathhouse brand, after its inaugural Victorian location in South Yarra launched in 2025, which has quickly become a staple in Melbourne’s bathing and wellness scene.&nbsp;</p>

<p>SOAK Bathhouse has signed a 10-year partnership to take out the 459sqm prime corner ground-floor tenancy, which will join the other two retail tenancies, high-end commercial space and 38 ultra-luxury residential apartments and penthouses above.&nbsp;</p>

<p>[smartcode_project:default project_id=135816 project_image_fid=365847]</p>

<p>SOAK Bathhouse is renowned for its luxurious and socially-focused mineral pools, cold plunge, sauna, steam room, infrared LED therapies, and massage services. Its arrival at Emerald Place, South Melbourne marks a significant milestone for both brands and for South Melbourne.&nbsp;</p>

<p>While the specific inclusions of the venue are still under wraps, SOAK Bathhouse has confirmed the space will be equipped with a signature SOAK Bathhouse mineral pool, cold plunge, saunas and steam room, alongside a lush dedication to verdant greenery and ferns throughout the tranquil bathing spaces.&nbsp;</p>

<p>SOAK Bathhouse will serve both Emerald Place residents and the broader South Melbourne business community, creating a wellness destination that bridges the gap between work and home. For residents, it's a daily ritual on their doorstep. For the surrounding office workers, it's a place to decompress, recharge and transition between professional and personal life.&nbsp;</p>

<p>[smartcode_project:default project_id=135816 project_image_fid=365850]</p>

<p>The partnership has underpinned Lowe Living’s commitment to delivering wellness-led amenities that not only embed physical spaces within the projects but integrate established, renowned wellness brands to anchor and operate these spaces.&nbsp;</p>

<p>Through the partnership with SOAK Bathhouse, penthouse buyers will be granted complimentary memberships, while all other residents of the Emerald Place development will benefit from exclusive discounted access. Together, these privileges deliver a compelling lifestyle enhancement and a lasting investment in wellbeing.&nbsp;</p>

<p>Lowe Living has been steadily carving out a niche in the luxury property market as a wellness-led developer, having a partnership with the Sorrento-based Aurora Spa &amp; Bathhouse to offer a private, residents-only wellness spaces at its upcoming Camberwell and Brighton projects.&nbsp;</p>

<p>These partnerships with Aurora Spa &amp; Bathhouse and now SOAK Bathhouse, reinforce a broader shift across Lowe Living’s portfolio towards a meaningful commitment to health-focused amenity and wellness offerings.&nbsp;</p>

<p>[smartcode_project:default project_id=135816 project_image_fid=231195]</p>

<p>Since its inaugural offering in Mermaid Beach, which has since expanded nationally across Queensland, Sydney and Melbourne, SOAK Bathhouse has grown into a leading contemporary bathhouse brand, attracting a dedicated following thanks to its unique social-focused approach to bathing.&nbsp;</p>

<p>Emma Lowe, Co-Founder and Managing Director of Lowe Living, said the Lowe Living team "view our partnerships as an extension of our design philosophy."</p>

<p>"We align with brands that genuinely elevate the everyday experience of our residents and deliver tangible value for our purchasers that enrich their lives.&nbsp;SOAK Bathhouse was a natural fit for Lowe Living and specifically Emerald Place. Their approach to contemporary bathing and social wellness strongly aligns with our vision of creating homes that prioritise long-term health, connection and lifestyle.”&nbsp;</p>

<p>Tim Lowe, Co-Founder and Managing Director of Lowe Living, said securing Melbourne’s second SOAK Bathhouse for Emerald Place is a significant milestone for Lowe Living, INT.RE and South Melbourne.&nbsp;</p>

<p>“This partnership reflects the continued evolution of luxury residential development," Lowe says.</p>

<p>"Today’s buyers are looking beyond finishes and floorplans and investing in holistic living environments, not just inside their apartments but in the communal and wider local amenity offerings, too."</p>

<p>[smartcode_project_cta:default project_id=135816]</p>


Lowe Living secures SOAK Bathhouse on 10-year lease at Emerald Place, South Melbourne development

<p>While the Gold Coast continues to densify around key transport and lifestyle nodes, <a href="https://www.apartments.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a> has retained its village-like charm even as demand intensifies for walkable beachside living. It’s a suburb that holds firm to its community feel, while sitting within one of Australia’s fastest-growing urban corridors.</p>

<p>Developer DANKAV put the neighbourhood and its residents first when drawing up the plans for <a href="https://www.apartments.com.au/new-apartments/the-alfred-residences-mermaid-beach-2375-gold-coast-highway-mermaid-beach-qld-4218">The Alfred Residences</a>, which will replace the former Mermaid Beach Shopping Village near Nobby Beach. The project marks a rare example of precinct renewal at a truly local scale.&nbsp;</p>

<p><a href="https://www.apartments.com.au/new-apartments/the-alfred-residences-mermaid-beach-2375-gold-coast-highway-mermaid-beach-qld-4218">The Alfred Residences</a>&nbsp;comprises a wide variety of one- and two-bedroom apartments, set above a new ground plane of curated hospitality and boutique retailers, all framed by generous laneways, shaded plazas, and garden paths designed to enhance pedestrian flow and public interaction.&nbsp;</p>

<p>[smartcode_project:default project_id=149942 project_image_fid=355148]</p>

<p>The site’s configuration reflects both a respect for the area's established rhythm and a recognition of its future trajectory, particularly with the planned Mermaid Beach South light rail station directly across the road.</p>

<p>Residents will find immediate access to both everyday needs and broader connectivity. A Woolworths Metro and local cafés are already operating nearby, while the beach sits just 100 metres from The Alfred’s front door. Pacific Fair, the region’s flagship retail centre, is also close by, with an extensive mix of dining, fashion and entertainment.&nbsp;</p>

<p>For those commuting or exploring beyond Mermaid Beach, the upcoming light rail link promises seamless movement north through Broadbeach, Surfers Paradise and into Southport, expanding access without the need for a car.</p>

<p>[smartcode_project:default project_id=149942 project_image_fid=355150]</p>

<p>Neighbouring locales such as Miami and Nobby Beach further enrich the lifestyle offering. These established precincts contribute everything from surf clubs and oceanfront parks to laid-back dining venues and independent retailers, all within a short walk or bike ride.&nbsp;</p>

<p>The Alfred effectively places residents within one of the Gold Coast’s most liveable pockets, where the essentials of daily life converge with long-term infrastructure planning and timeless natural appeal.</p>

<p>Predominantly local buyers jumped at the first release at The Alfred Residences, transacting the majority of the release in a matter of weeks. Demolition of the former shopping village is now underway, and Dankav expects completion of the first collection of residences in 2027.</p>

<p>[smartcode_project_cta:default project_id=149942]</p>


The Alfred Residences brings village-style living to the heart of Mermaid Beach

<p><a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a> is better known for bus interchanges and Westfield than for high-end apartment towers. Kabbalah, on Playfield Street, is a deliberate push against that reputation.</p>

<p>Developed by <a href="https://www.apartments.com.au/developers/playfield-developments">Playfield Developments</a>, the building holds 64 apartments, all three and four bedrooms, across its 13 storeys. The apartments are generous by any measure: lower-floor three-bedrooms start at 164 sqm, each with a multi-purpose room and private balcony, while the north-facing penthouse stretches to 382 sqm. Every residence comes with two car spaces.</p>

<p><a href="https://www.apartments.com.au/architects/ana-architects">ANA Architects</a>, the Brisbane firm behind the 25-storey Willahra Tower on Queen Street and the 45-storey Mantra on Mary in the CBD, shaped the building around curved forms drawn from the natural landscape. Balcony gardens run throughout, with planter boxes worked into the private outdoor spaces of each apartment, giving residents greenery at the threshold rather than just at the rooftop.</p>

<p>[smartcode_project:default project_id=149578 project_image_fid=354319]</p>

<p>That rooftop carries its own weight: a pool, landscaped gardens, and outdoor entertaining areas sit above the city, designed as much for quiet evenings as for hosting. The wellness offering continues at ground level, where a centre with pool, sauna, and communal lounge zones anchors the building's other end. Together they give the building a rhythm, somewhere to arrive at the top and somewhere to retreat to below.</p>

<p>The site itself is part of the pitch. "One of the last available sites to develop in an established precinct," is how Playfield Developments describes the Playfield Street address, and the surrounding context backs that up. Westfield Chermside, the second largest Westfield in Australia, is within a few minutes on foot, along with its dining precinct and cinema complex.&nbsp;</p>

<p>The Chermside bus interchange connects directly to the Brisbane CBD and across the northern suburbs via more than 20 Translink routes, with the CBD roughly 15 minutes away by road. The Prince Charles Hospital, one of Queensland's major teaching hospitals and the state's leading cardiac centre, is roughly a kilometre up the road on Rode Road.</p>

<p>[smartcode_project:default project_id=149578 project_image_fid=354321]</p>

<p>Place Projects is handling sales, bringing a track record across some of Queensland's largest residential developments. Early buyer response has centred on the finishes and scale, "buyers consistently comment on the high-quality finishes throughout the apartments," the sales team notes, pointing to craftsmanship and considered design as the recurring draw.&nbsp;</p>

<p>"They're looking for generously sized apartments that offer both space and functionality, combined with a strong lifestyle offering," Place Projects says.</p>

<p>Construction has been awarded to Clearcon, with completion slated for late 2027. Pricing runs from $1.5 million for a lower-floor three-bedroom up to $3.65 million for the penthouse.</p>

<p>[smartcode_project_cta:default project_id=149578]</p>


Playfield Developments brings 64 apartments to Chermside with Kabbalah

<p data-end="267" data-section-id="1d29vyc" data-start="166">More than 3,000 dwellings are currently selling or gearing up to launch across Surfers Paradise, the suburb’s most concentrated apartment pipeline in years. At least eight projects are already in market, with more moving through registration and presale, creating a meaningful wave of new supply.</p>

<p data-end="638" data-start="423">This isn’t happening in a vacuum. Strong interstate migration into Queensland, particularly the Gold Coast, continues to underpin demand, with the local population expected to push past 800,000 in the early 2030s.</p>

<p data-end="817" data-start="640">We’re also seeing solid early-stage buyer activity. As usual, the earliest phases tend to offer the best mix of pricing and choice, before the more popular layouts get snapped up.</p>

<p data-end="1184" data-start="1085"><strong data-end="1125" data-start="1085">Comparing Surfers Paradise projects?</strong> Browse all listings → <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">View all Surfers Paradise apartments</a></p>

<hr data-end="1189" data-start="1186" />
<h2 data-end="1218" data-section-id="tdhbfr" data-start="1191">How to Read the Pipeline</h2>

<p data-end="1369" data-start="1220">Apartment projects in Surfers Paradise are at various stages of their project lifecycle, from pre-launch, selling now, construction commenced, or construction complete.</p>

<p data-end="1407" data-start="1371">Where you buy in that cycle matters.</p>

<ul data-end="1674" data-start="1409">
	<li data-end="1542" data-section-id="d5c11p" data-start="1409"><strong data-end="1437" data-start="1411">Registration and&nbsp;presale</strong>: Typically the lowest price points and best choice, but with longer wait times to completion</li>
	<li data-end="1608" data-section-id="plnjqp" data-start="1543"><strong data-end="1567" data-start="1545">Under construction</strong>: Greater certainty, shorter timelines.</li>
	<li data-end="1674" data-section-id="13k7yl8" data-start="1609"><strong data-end="1624" data-start="1611">Completed</strong>: No construction risk, but pricing reflects that.</li>
</ul>

<p data-end="1778" data-start="1676">The projects below are grouped by stage to help buyers understand where they sit in the buying window.</p>

<hr data-end="1942" data-start="1939" />
<h2 data-end="1967" data-section-id="zj5dj7" data-start="1944">Projects Now Selling</h2>

<p data-end="2091" data-start="1969"><a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a> is the newest apartment development to launch in Surfers Paradise.</p>

<p data-end="2091" data-start="1969">Exhale, being developed by SIERA, comprises just 54 apartments, a density not often seen in Surfers. It sits on the corner of Enderley Avenue and Garfield Terrace, just off Northcliffe Beach. SIERA Founder and Managing Director Brent Thompson spent over a year trying to secure the rare beachside site.</p>

<p data-end="2091" data-start="1969">[smartcode_project:default project_id=112661 project_image_fid=359603]</p>

<p data-end="2091" data-start="1969">SIERA engaged BDA Architecture to design the building, with a striking glass curtain wall&nbsp;façade.</p>

<p data-end="2091" data-start="1969">Offering two-, three-, and four-bedroom apartments, Exhale will also offer its residents a two-level wellness podium with a heated magnesium pool, spa, sauna, Nordic&nbsp;cold shower, and biophilic designed landscaped gardens.</p>

<p data-end="2091" data-start="1969">There's also a dedicated Pilates and yoga studio, library and reading retreat, cinema lounge, and private dining room with a private bar and wine cellar.</p>

<p data-end="2495" data-start="2465"><a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about Exhale →</span></span></span></span></span></span></span></span></a></p>

<hr data-end="2500" data-start="2497" />
<p data-end="2091" data-start="1969"><strong data-end="1987" data-start="1969">Paradiso Place</strong> is the largest project currently in market in Surfers Paradise. Developer SPG Land recently begun construction on its 845-unit development they are bringing to 103 Ferny Avenue.</p>

<p data-end="2091" data-start="1969">[smartcode_project:default project_id=106566 project_image_fid=185858]</p>

<p data-end="2338" data-start="2093">At this scale, it’s effectively its own sub-market, offering a wide mix of configurations across multiple price points, from entry-level investor stock through to larger owner-occupier product. Amenities include a pool, gym, and outdoor spaces.</p>

<p data-end="2463" data-start="2340">With projects of this size, early buyers typically benefit most from the broader selection before key layouts are taken up.</p>

<p data-end="2495" data-start="2465"><a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about Paradiso Place →</span></span></span></span></span></span></span></span></a></p>

<hr data-end="2500" data-start="2497" />
<p data-end="2683" data-start="2502">Jewel Residences is the only completed development on this list. The three towers, which drastically altered the Surfers Paradise skyline when they were complete in 2020 from their dress circle position&nbsp;at 36 Old Burleigh Road, home 512 apartments.</p>

<p data-end="2683" data-start="2502">[smartcode_project:default project_id=8843 project_image_fid=264503]</p>

<p data-end="2683" data-start="2502">With the six-star The Langham within the middle tower, Jewel offers&nbsp;​​​​​​significant hospitality venues including&nbsp;signature restaurants, a bar, cafe, and a resort pool with a swim-up bar</p>

<p style="line-height:1.2"><a href="https://www.apartments.com.au/buildings/jewel-residences-surfers-paradise-36-old-burleigh-road-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about Jewel Residences </span></span></span></span></span></span></span></span></a></p>

<hr data-end="2938" data-start="2935" />
<p data-end="3060" data-start="2940">Andrews Projects recently commenced construction at South Beach, just shy of 400 apartments at 3006–3016 Surfers Paradise Boulevard. Prices start from $1.08 million for the one-bedroom apartments.</p>

<p data-end="3060" data-start="2940">[smartcode_project:default project_id=8887 project_image_fid=358399]</p>

<p data-pm-slice="1 1 []">Central to the South Beach offering is a 5,500m sqm wellness and lifestyle precinct designed around the concept of renewal as a daily ritual.</p>

<p>The wellness facilities include sunrise and sunset pools, an indoor hydrotherapy pool, plunge baths, a Hammam, traditional and infrared saunas, red-light therapy and dedicated treatment rooms. A Technogym gym,&nbsp;cinema, co-working lounge and a range of indoor and outdoor dining and entertaining spaces, including BBQ terraces, complete the amenity.</p>

<p style="line-height:1.2"><a href="https://www.apartments.com.au/new-apartments/south-beach-surfers-paradise-3006-3016-surfers-paradise-boulevard-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about South Beach →</span></span></span></span></span></span></span></span></a></p>

<hr data-end="3316" data-start="3313" />
<p data-end="3444" data-start="3318">Another new entry to the market is Palmera Residences, developed by Central Equity at 18 Garfield Terrace. That majority of the 347 residences are large three-bedroom apartments, priced from just shy of $3 million.</p>

<p data-end="3444" data-start="3318">[smartcode_project:default project_id=108274 project_image_fid=361247]</p>

<p><a href="https://www.apartments.com.au/new-apartments/palmera-residences-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>&nbsp;is being constructed in the prestigious Northcliffe residential neighbourhood on an expansive 3,239 sqm site. It is located at 18 Garfield Terrace near the Northcliffe Surf Life Saving Club and the patrolled Northcliffe surf beach, situated between&nbsp;<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a>&nbsp;and&nbsp;<a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a>.</p>

<p>Residents will have private access to extensive, state-of-the-art amenities, featuring two large pools including a generously scaled, family-friendly pool with safe shallow zones, and a 25-metre lap pool facing the western side, ensuring maximum sunlight all day.</p>

<p style="line-height:1.2"><a href="https://www.apartments.com.au/new-apartments/palmera-residences-surfers-paradise-18-garfield-terrace-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about Palmera Residences →</span></span></span></span></span></span></span></span></a></p>

<hr data-end="3711" data-start="3708" />
<p data-end="3842" data-start="3713">26 Vista has benefitted from the boom in Surfers Paradise over the last few years. Over 70 per cent of the 280 apartments have sold, with the remaining priced from $1.86 million.</p>

<p data-end="3842" data-start="3713">[smartcode_project:default project_id=112730 project_image_fid=365605]</p>

<p data-end="3842" data-start="3713">26 Vista, being developed by MRCB, is scheduled to complete in late 2030 and has attracted strong interest from locals and interstate buyers, Matt George, from project marketer Urban Activation, says.</p>

<p>“The diverse mix of buyers we’ve seen investing in this development stands as a testament to the superior product that is being offered. 26 Vista is truly the gold standard for coastal living, with its thoughtfully considered design and its commitment to providing residents with five-star luxury in sub-tropical surrounds.”</p>

<p><a href="https://www.apartments.com.au/new-apartments/palmera-residences-surfers-paradise-18-garfield-terrace-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about 26 Vista →</span></span></span></span></span></span></span></span></a></p>

<hr data-end="3711" data-start="3708" />
<p data-end="3842" data-start="3713">Away from the beach and closer to the Budds Beach area of Surfers Paradise is Homecorp's new tower, Florence Residences.</p>

<p data-end="3842" data-start="3713">[smartcode_project:default project_id=150414 project_image_fid=357950]</p>

<p data-end="3842" data-start="3713">The Monte Carlo building has 116 apartments amid a suite of wellness spaces including&nbsp;a private residents’ only wellness club including a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium and a spacious yoga and Pilates studio.&nbsp;</p>

<p><a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217" style="text-decoration:none"><span style="font-size:11pt; font-variant:normal; white-space:pre-wrap"><span style="font-family:Arial,sans-serif"><span style="color:#0000ee"><span style="font-weight:700"><span style="font-style:normal"><span style="text-decoration:underline"><span style="-webkit-text-decoration-skip:none"><span style="text-decoration-skip-ink:none">Enquire about Florence Residences →</span></span></span></span></span></span></span></span></a></p>

<hr data-end="4321" data-start="4318" />
<h2 data-end="4364" data-section-id="1bj0450" data-start="4323">The Broader Pipeline</h2>

<p data-end="4457" data-start="4366">There's a lot more to come in Surfers Paradise in the coming years. The most interest is likely the two-tower beachfront project proposed by Winx billionaire John Camilleri. The two towers, which will comprise 275 apartments, are to be connected by a 45-storey skybridge.</p>

<p data-end="5018" data-start="4819">On the more boutique end, Cavella, by SEYAH, will have <a href="https://www.apartments.com.au/news/qld/first-look-seyah-to-launch-cavella-in-emerging-sunrise-boulevard-surfers-paradise-pocket-following-density-rethink">just 18 residences</a> across a more modestly-sized 12-level building, also nearer the river than the beach.</p>

<p data-end="5180" data-start="5020">For a broader view, see our breakdown of the <strong data-end="5134" data-start="5065">top 10 new apartment projects launching on the Gold Coast in 2026</strong>, covering key opportunities suburb by suburb.</p>

<hr data-end="5185" data-start="5182" />
<h2 data-end="5234" data-section-id="1kp72fk" data-start="5187">What Buyers Should Weigh Up Before Enquiring</h2>

<p data-end="5330" data-start="5236">Where a project sits in the development cycle matters just as much, if not more than, the price.</p>

<p data-end="5513" data-start="5332">An off-the-plan apartment at registration stage may offer the lowest entry point, but it typically comes with a 24–36 month settlement timeline.</p>

<p data-end="5719" data-start="5515">Later-stage projects trade some of that upside for greater certainty, so the right choice ultimately depends on your timeframe, risk appetite, and what you’re prioritising: price, selection, or delivery.</p>


The 3,000 apartments to reshape Surfers Paradise skyline

Auction Numbers

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<p>Melbourne's weekend auction market had its highest clearance rate since 2017 with the CoreLogic figures showing a 74 per cent success rate. </p>
<p>It reflected a substantial boost on Melbourne’s recent clearance rates which have consistently been in the 60 per cent range for the past eight weeks.</p>
<p>But despite the improved market conditions the 119 year old Footscray and District Angling Club didn't snag a buyer for its Yarraville base.</p>
<p>The shopfront building at <a id="LPlnk294376" class="OWAAutoLink" href="https://www.hockingstuart.com.au/property/70-pentland-parade-yarraville-vic-3013-159361" target="_blank">70 Peatland Parade</a> - with fish and mermaid murals on its facade (pictured) - was passed in on a $750,000 vendor bid after just one earlier bid.</p>
<p>Hocking Stuart Yarraville agent Leo Dardha advised a $780,000 reserve had been set.</p>
<p>There had been $790,000 to $820,000 price guidance for the 180 sqm premises marketed as poised for conversion.</p>
<p>The fishing club members met monthly to discuss “where we’ve been fishing, what fish  we’ve caught, what bait and lures we’ve used, and club business”, its president Lucky Pavlidis told The Herald Sun.</p>
<p>The club plans to move its headquarters somewhere closer to the water while staying in the western suburbs.</p>
<p>Melbourne had the nation's cheapest sale, but it represented a loss for the vendor.</p>
<p><img src="https://www.urban.com.au/images/2019/7/29/Alma%20Street%20apartment.JPG" alt=""></p>
<p>The $215,000 studio apartment was sold pre-auction at <a id="LPlnk178875" class="OWAAutoLink" href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/apartment/vic/melbourne-inner-south/st-kilda-east/411522" target="_blank">37/87 Alma Rd, St Kilda East</a> (pictured above).</p>
<p>It was offered with a $200,000 to $220,000 price guidance having sold at $255,000 in 2013 and $228,100 in 2009.</p>
<p>It was offered as a $280 a week rental last last year.</p>
<p>Commentators attribute the overall market improvement to factors including low auction volumes, the RBA Governor Dr Philip Lowe advising rates would be staying low for a while, along with the restored confidence since the federal election was decided.</p>
<p>Melbourne's highest sale was in Murrumbeena at $2.265 million.</p>
<p><a id="LPlnk848257" class="OWAAutoLink" href="https://www.propertyobserver.com.au/https://www.jelliscraig.com.au/property-details-11-Wahroongaa-Crescent-Murrumbeena-3163/808849" target="_blank">The 11 Wahroongaa Crescent</a> offering through Jellis Craig was a four bedroom 1920s residence.</p>
<p>CoreLogic noted a 78.5 per cent preliminary clearance rate was recorded across Sydney, making it the best performing capital city.</p>
<p>There were 391 Sydney homes taken to auction up on the week prior when 303 homes were auctioned.</p>
<p>Sydney's final prior week success rate had been 72.8 per cent.</p>
<p>Across the smaller auction markets, Adelaide was the best performing with a preliminary clearance rate of 56 per cent, while only 14 per cent of Perth homes sold at auction.</p>
<p>Canberra secured a 55 percent success rate and Brisbane got a 41 percent clearance rate.</p>
<p>There was a pre-auction sale on the Gold Coast when $5.5 million was paid for a newly built opulent<a id="LPlnk989489" class="OWAAutoLink" href="https://www.realestate.com.au/property-house-qld-sovereign+islands-131469114" target="_blank" rel="noopener noreferrer"> six-bedroom, seven bathroom mega-mansion</a> on the Sovereign Islands.</p>
<p>Its luxury inclusions at <a id="LPlnk692437" class="OWAAutoLink" href="http://www.prestigepropertyagent.com.au/property/10706228-the-sovereign-mile-sovereign-islands-qld/" target="_blank">85 The Sovereign Mile</a> included a "presidential master suite," an underground entertainment den, vertical garden and pool.</p>
<p>Ivy Wu, at Amir Mian Prestige Property Agents’ Ivy Wu, sold the house to a local family. </p>
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<p>There were 1,115 homes taken to auction across the combined capital cities, up from the 896 homes auctioned last week.</p>
<p>The national preliminary auction clearance rate sat at 71.2 percent after last week’s 65.4 per cent final clearance rate.</p>
<p>Over the same week one year ago 1,536 were taken to auction.</p>
<p>The highest residential sale across the capital cities was in Sydney where <a id="LPlnk418464" class="OWAAutoLink" href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house/nsw/upper-north-shore/wahroonga/411079" target="_blank">79 Junction Road, Wahroonga</a> fetched $3,360,000 through McGrath.</p>
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<p>The five bedroom 2004-built home last sold in 2005 at $1.63 million.</p>
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jchancellor-FAypfDUnLy

Melbourne scores highest auction success rate in two years

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<p>The Gold coast showed continued weakness with a clearance rate of just 35 percent at auction last weekend, a drop of more than seven percent then their performance last week.</p>
<p>Of the 58 residential properties taken to auction only 20 were successfully sold indicating a clearance rate more than 20 percent worse than the combined capital city average, according CoreLogic. </p>
<p>A clearance rate of 55.5 percent across the combined capital cities was recorded this week, increasing from last week’s final clearance rate of 51.8 percent while over the same week last year the final clearance rate was recorded at 66.2 percent.</p>
<p>There were 2,404 homes taken to auction across the combined capital cities this week, an increase of over 20 percent from 1,983 over the previous week.</p>
<p>Click here <a href="https://www.propertyobserver.com.au/images/2018/9/24/Gold%20Coast%204.JPG" target="_blank">to enlarge.</a></p>
<p><img src="https://www.urban.com.au/images/2018/9/24/Gold%20Coast%204.JPG" alt=""></p>
<p>A property listed for auction on the Gold Coast last weekend was <a href="https://www.realestate.com.au/property-house-qld-upper+coomera-129165570" target="_blank">44 Yarrayne Valley Drive</a>, Upper Coomera (pictured above).</p>
<p>The home which in 2015 underwent a rebuild worth $250,000 is set on a holding of 1.39 hectares.</p>
<p>It is a 5 bedroom three bathroom home which last sold for $360,000 in mid 2014.</p>
<p><img src="https://www.urban.com.au/images/2018/9/24/Gold%20Coast%202.JPG" alt=""></p>
<p>Another house listed for auction last weekend on the Gold Coast was <a href="https://www.realestate.com.au/property-house-qld-coolangatta-129182514" target="_blank">97 Dutton Street</a>, Coolangatta (pictured above).</p>
<p>The three bedroom one bathroom home is now listed at $695,000.</p>
<p>Set on 465 sqm, the home has never been traded before.</p>
<p> <img src="https://www.urban.com.au/images/2018/9/24/Gold%20Coast%203.JPG" alt=""></p>
<p>A Gold Coast home listed for auction after being sold just over a year ago was <a href="https://www.realestate.com.au/property-house-qld-palm+beach-129043190" target="_blank">1360 Gold Coast Highway, Palm Beach</a> (pictured above).</p>
<p>The home sold for $740,000 in June 2017, zoned medium density residential and Code Assessable (potentially permitting up to a 9 storey or 29 metres building height).</p>
<p>It is a two bedroom one bathroom house set on 412 sqm.</p>
<p>It remains for sale.</p>
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j.ballantyne1990-6AQqhLzZaK

Gold Coast auction market weakest in the country: CoreLogic

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<p>Two much-admired trophy estates on different sides of the country failed to sell at weekend auction as buyers displayed caution in their bidding.</p>
<p>Both were passed in on bids less than their prior sale.</p>
<p>On Queensland's Sunshine Coast, an equestrian property was on offer.</p>
<p>Dean Shannon, the former chief of Ladbrokes Australia, and now the managing director of the Nets gambling website, and his wife Kelly, who shares his love of horses, failed to find a buyer.</p>
<p>The bidding at the Sunday onsite auction stopped at $5.6 million for the 42 hectare Maleny holding, marketed as one of Australia's most impressive equestrian facilities, located an hour from the Doomben race track.</p>
<p>The stable complex is the focal point as it features 10 double-sized broodmare boxes, two stallion boxes, wash bays, a vet room, horse scales, tack room, rug room and feed room.</p>
<p>There's 45 post and rail paddocks and two Olympic size dressage arenas.</p>
<p>The luxury is not just for horses, as the main residence spans a vast 1,800 sqm and has five bedrooms, eight bathrooms, a steam room, massage room and dressing rooms.</p>
<p>The entertaining spaces have views of the Glass House Mountains.</p>
<p>Ray White Buderim agents Lew Pottinger and Nathan Nicholl marketed the equine complex with its <a id="LPlnk977626" class="x_OWAAutoLink" href="https://www.montanaparkmaleny.com.au/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">own website</a>.</p>
<p>Since Shannon bought Montana Park in 2010 for $7 million he more than doubled the size of the original residence as well as covering one of the two show-jumping arenas.</p>
<p>“Montana Park is a place we love to call home, however my current business commitments with the launch, and now international expansion of Neds have seen me spend more time in Brisbane and on the Gold Coast, with less opportunity to enjoy all this home has to offer,” he said prior to the auction.</p>
<div>Across the other side of the nation, another trophy estate, albeit abandoned, failed to sell at Peppermint Grove.</div>
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<div>It was when then home building block of flamboyant billionaire tycoons, Pankaj and Radhika Oswal was passed in at Saturday auction.</div>
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<div>The top bid was $15.6 million with three of the five registered parties competing for the prize parcel.</div>
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<div>Two years ago there were $30 million hopes for the prestigious Perth offering, after the partially built so-called Taj on Swan mansion was demolished under council orders.</div>
<div>The 6582 sqm site, which could fit six homes, had reduced $19.5 million hopes last year.</div>
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<div>The mansion with Swan River views sat unfinished after the Oswals quit Australia in 2010 amid a dispute with bankers about the wind up and sale of their fertiliser business. </div>
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<div>The Oswal family had controlled WA's $700 million Burrup Fertilisers gas-processing plant.</div>
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<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-content x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-view_content x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-show">
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting">Marketed as "the most famous block in Australia" the <a id="LPlnk998012" class="x_x_OWAAutoLink" href="https://www.realestate.com.au/property-residential+land-wa-peppermint+grove-202042586" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">2 Bay View Road site</a> was listed through Ray White agent Vivien Yap in conjunction with Sotheby's agent Graham Bowie. </div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting"> </div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting">The Oswals paid $22.7 million in 2007 then starting construction a year later on a "two-storey, Indian-infused luxury residence." </div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting"> </div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting">The final week of July saw 1,534 homes taken to auction across the combined capital cities, returning a preliminary auction clearance rate of 58.4 per cent.</div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting"> </div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting">Although auction volumes are slowly starting to pick up across the capital cities, CoreLogic auction analyst Kevin Brogan noted current volumes remain lower than this time last year when 1,987 auctions were held and a clearance rate of 68.7 per cent was recorded.</div>
<div class="x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-callhandler x_m_-1811097286691781784gmail-x_gmail-m_911874124497874327gmail-m_-7358536583359574638gmail-copytasting">
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<p>There were 803 auctions held in Melbourne with a preliminary clearance rate of 60.3 per cent, after last weekend saw 613 homes go under the hammer, returning a final clearance rate of 59.9 per cent. </p>
<p>Over the same week last year, 956 auctions were held across the city and a clearance rate of 75.6 per cent was recorded.</p>
<p>Weekend sales included the Bentleigh East of the Western Bulldogs coach Luke Beveridge and his wife Dana. <a id="LPlnk523374" class="x_OWAAutoLink" href="https://www.realestateview.com.au/real-estate/1-fraser-street-bentleigh-east-vic/property-details-sold-residential-11917293/" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">Selling their home of almost 25 years</a>, the 2016 AFL premiership coach secured an undisclosed post auction sale having had price hopes of $1.4 million to $1.5 million through Nick Johnstone Real Estate director Nick Johnstone</p>
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<p>Sydney was host to 465 auctions with preliminary results showing a clearance rate of 56.6 per cent. </p>
<p>Last week, the final auction clearance rate for Sydney was 55.2 per cent across 407 auctions after the previous week saw the clearance rate drop to just 46.9 per cent. </p>
<p>Sydney had the nation's highest notified sale when 21 Waimea Road, Lindfield sold for $3,290,000.</p>
<p><a id="LPlnk927041" class="x_OWAAutoLink" href="https://www.realestate.com.au/property-house-nsw-lindfield-128745954" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">The three bedroom 1905 home</a> had been last sold six decades ago. </p>
<p>Two local families were competing at the end. There were<span> five bidders registered with four of them participating after the opening $2.5 million offer.</span></p>
<p><span>It was on the market at $3.1 million.</span></p>
<p>The highest preliminary clearance rate was in Canberra where 72.2 per cent of the 36 reported auctions were successful. Canberra was the only mainland capital city to see a weekend fall in auction volumes.</p>
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Dream trophy home estates go unsold as auction volumes pick up

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<p><span>Weekend auction numbers are rising week on week in Sydney and Melbourne <span>with 1,005 auctions scheduled to be held in Melbourne and 807 properties set to go to auction across Sydney, according to CoreLogic.</span></span></p>
<p><span>CoreLogic report 2,136 capital city auctions for the week, up from 1,591 last week.</span></p>
<p><span>In the same week last year 2,347 auctions were held.</span></p>
<p><span>Corelogic said across the smaller markets, auction activity is set to be lower this week compared to last week, and also lower than the same week last year. </span></p>
<p><span>Capital city auctions this week</span></p>
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<p><span>Sydney: 807 </span></p>
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<p><span>Melbourne: 1005 </span></p>
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<p><span>Brisbane: 112 </span></p>
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<p><span>Richmond in Vic is the busiest individual suburb for auctions</span><span> </span><span>across the nation this week, with 21 residential homes set to go </span></p>
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<p><span>under the hammer, followed by Glen Waverley also in Vic with 18, Cronulla (NSW) with 14, Randwick (NSW) and Brunswick (Vic) both set to hold 13 auctions. </span></p>
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jonathanchancellor-7SQnKwU6yx

Sydney, Melbourne weekend auction numbers rising week on week: CoreLogic

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<p>Auction listing numbers have surged in Sydney and Melbourne for the weekend with Domain's Andrew Wilson saying Sydney has the best early February choice of homes on record.</p>
<p>In Melbourne, more than 450 homes will be up for auction on Saturday, ahead of last weekend’s 192 listings.</p>
<p>He said Melbourne's west suburban region will host the most number of auctions (113) followed by the outer east with 69, and inner south 63, the south east  51, the north east 48, the inner city 45, the north 43 and the inner east with 26 auctions.</p>
<p>"The most popular suburb for auctions this weekend in Melbourne is St Albans with 11 followed by Cheltenham with 8, Brunswick 7 and a number of suburbs with 6 auctions scheduled including Hopper Crossing, Werribee, St Kilda, Frankston South and Blackburn," he said. </p>
<p>"Sellers are flooding the early-season Sydney home auction market providing buyers with their best early February choice of homes on record.</p>
<p>"With market clearly gathering momentum, nearly 550 home are listed to go under the hammer on Saturday which will be predictably well ahead of the 228 auctioned last weekend and also significantly higher than the 358 listed over the same weekend last year.</p>
<p>"The inner west will host the most number of auctions with 73 closely followed by the upper north shore 71, the city and east 65, the south 56, the northern beaches 54, the lower north 41, the south west 38, the central coast 33, the west and Canterbury Bankstown each with 31, the north west 27 and the Blue Mountains with 2 auctions listed on Saturday.</p>
<p>"The most popular suburbs for auctions this weekend in Sydney are Dee Why and Manly each with 9 followed by Surry Hills 8, Randwick, Lane Cove and Alexandria with 6 each and a number of suburbs with 5 auctions listed including Castle Hill, Drummoyne, Wahroonga, Baulkham Hills, Peakhurst and Strathfield."</p>
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