Longstanding Gold Coast developer Raptis has acquired a prime development site on Surf Parade for its next Broadbeach apartment project.

Progressing towards completion of <a href="https://www.apartments.com.au/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach-qld-4218">The Sterling Broadbeach</a>, 90 apartments on nearby George Avenue, <a href="https://www.apartments.com.au/developers/raptis">Raptis</a>, led by second-generation family man Evan Raptis, has picked up a block on the corner of Surf Parade and First Avenue.

The site had been earmarked for a luxury apartment project with 33 full-floor apartments across a 37-storey tower. Raptis will go back to the drawing board and create a building more appropriate for the site. The development application will be lodged later this month.

Evan Raptis told Apartments.com.au the site ticks all the boxes.

"Broadbeach is a suburb we've developed several buildings over the years. Surf Parade ticks all the boxes for the type of apartment development we want to deliver."

Raptis had several pre-lodgement meetings with council to ensure they are aligned in the development.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="f0d58573-07a4-47a8-9f5e-fbf35fb03dc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-05%20at%204.58.23%E2%80%AFPM.png?VersionId=iczZEd_4_o4UL0PHMPJGfy_q3tv96J5i" />

Surf Parade has emerged in recent years as one of the most popular streets in Broadbeach for development.

South East Queensland developer Mosaic Property Group kicked it off with Marella by Mosaic. Bassar Group sold out Infinity on the street, while for its&nbsp;first Gold Coast development, Polycell grabbed a Surf Parade site for <a href="https://www.apartments.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach-qld-4218">The Rochester</a>, which is nearly sold out.

Melbourne-based developer Hirsch &amp; Faigen recently launched its fourth Gold Coast project on the exclusive strip. The Eveleigh Broadbeach will have 100 apartments across a 31-storey building designed by Rothelowman.

GV Property Group site development specialists Antonio Mercuri and Luke Reaby, who both amalgamate sites and sell shovel-ready sites to developers up and down the Gold Coast, sold Surf Parade to Raptis.

Joel Robinson

Raptis secures prime Surf Parade site for next Broadbeach apartment development

Less than two years after breaking ground, Gardner Vaughan Group is celebrating the topping out of Bask, its second development in the exclusive coastal enclave of Bokarina on Queensland’s Sunshine Coast.&nbsp;

Located only minutes from the beachfront, the two seven-storey luxury apartment towers, known individually as Mydas and Caretta, offer a selection of one-to-four-bedroom residences with views of Lake Kawana, the Glasshouse Mountains, and Bokarina Beach.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=333359]

Gardner Vaughan Group Commercial Director Sam Gardner said the milestone marks the home stretch for construction, with first residents expected to be able to move in from Spring 2026.&nbsp;

“This is a significant milestone in bringing this development to life and represents our confidence in this region’s long-term growth and appeal,” Gardner said.&nbsp;

“With 85 per cent of apartments already sold, buyers are joining an established, coastal village that offers the very best of the Sunshine Coast – seasonally patrolled surf beaches, renowned restaurants, and links to established health and retail.&nbsp;

“The final collection of three- and four- bedroom apartments range in size from 127sqm to 300sqm, each with two or three secure car parks and storage, and with construction fast approaching completion we don’t expect the last few apartments to remain on the market for long.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=333362]

Local restaurateur Luke Stringer, who co-owns and manages the award-winning Bocca Italian and Playa Mexican restaurants in Bokarina, has lived in the beachside suburb for 18 months and worked there for more than three years, and said the beachside suburb was thriving.&nbsp;

“It’s fair to say Bokarina is finally stepping into the sun and there’s a lot to love about the place,"&nbsp;Stringer said.

"It’s such a great community, where you see the same smiling faces every morning and everything’s within easy reach – it’s the perfect hub in the middle of the Sunshine Coast.

“When we first opened Bocca Italian, we were the lone restaurant, but it’s been amazing to see how the area has grown. The more venues that open, the busier it gets for everyone. When Playa Mexican opened its first Saturday night, Bocca had a record night and Playa was packed too, which blew us away how everyone is thriving.&nbsp;

“There’s a great energy around the place now, and people are really embracing Bokarina as a food and lifestyle destination.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363368]

Stringer joined other buyers at Bask Bokarina and the Gardner Vaughan Group team to celebrate the topping out at a special event in February.&nbsp;

Located in Kawana Waters, midway between Caloundra and Maroochydore, Bokarina locals enjoy scenic walking paths around Lake Kawana, playgrounds, beachfront boardwalk and parklands, alongside all the convenience of a masterplanned beachside community.&nbsp;

“You see people jogging or swimming in the morning, then grabbing coffee at the cafes, people are really embracing the area and all this growth is bringing more people to Bokarina,” Stringer added.&nbsp;

To take advantage of the vistas, each of the 135 apartments at Bask is designed with full size windows and high ceilings that provide an abundance of natural light.&nbsp;

Prices for the remaining three-bedroom apartments start at $1,599,000 and four-bedroom apartments start at $3,149,000.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363369]

The mixed-use development also features ground-level retail space for cafés, dining options and boutiques, including the soon-to-be-opened ‘Corner Shop’, by the team behind Noosa’s well known ‘Organika’.

Sam Gardner said Gardner Vaughan Group’s 37-year history building and developing across South East Queensland has contributed to the success of its second development in Bokarina, which follows the recently completed Zinc Apartments.&nbsp;

“We care how people live and this is reflected in the way we approach the design and delivery of every development,” he said. “Furthermore, as a builder-developer we have full control over the construction program and our 100 per cent completion rate is something people can draw confidence from.”&nbsp;

Founded by civil engineers Guy Gardner and Darryl Vaughan in 1989, the family-owned business has evolved from a consultancy firm to an award-winning builder-developer, with projects across the Sunshine Coast, Moreton Bay, Brisbane and the Gold Coast.

[smartcode_project_cta:default project_id=141609]

Gardner Vaughan Group tops out Bask Bokarina apartments

Prolific Melbourne developer <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has launched its fourth new Gold Coast development in as many years.

<a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has unveiled The Eveleigh, on a prime 1,100 sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a> will deliver 100 apartments across 31 levels, making it the company’s largest Gold Coast project to date. It builds on the success of its three earlier developments, <a href="https://www.apartments.com.au/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">The Hemingway in Palm Beach</a> and <a href="https://www.apartments.com.au/buildings/emerson-kirra-100-musgrave-street-coolangatta">The Emerson at Kirra</a>, both completed, and <a href="https://www.apartments.com.au/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which is nearing completion.

[smartcode_project:default project_id=149670 project_image_fid=360966]

The announcement of The Eveleigh affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied. It also increases the value of Hirsch &amp; Fa​igen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with Hemingway.

The company has enlisted its preferred architecture firm Rothelowman to design The Eveleigh, which will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

[smartcode_project:default project_id=149670 project_image_fid=360965]

Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, The Eveleigh has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market. Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

[smartcode_project:default project_id=149670 project_image_fid=360975]

“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp;a​mp; Faigen and a shareholder of the group.

“With the likes of Mosa​ic and Abedian &amp;a​mp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

"After four years in the Gold Coast market, and with three successful projects completed, The Eveleigh is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country. We continue to remain very confident in the high-end Gold Coast property market.”

Urban Activation Director Matt George is handling sales for The Eveleigh, having sold out The Emerson, The Hemingway, and Yves, all before construction was completed.

Melbourne builder MAXCON has already commenced construction on The Eveleigh. They are forecasting a mid-2028 completion.

[smartcode_project_cta:default project_id=149670]

Hirsch & Faigen unveils The Eveleigh in Broadbeach

Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.

The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.

UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.

[smartcode_project:default project_id=136726 project_image_fid=362014]

There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.

A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.

&nbsp;

[smartcode_project:default project_id=136726 project_image_fid=362015]

Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.

Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.

“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”

[smartcode_project:default project_id=136726 project_image_fid=362020]

The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.

Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.

The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.

[smartcode_project_cta:default project_id=136726]

Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Investor appetite for Queenstown apartments is strengthening as supply constraints and four-season tourism continue to underpin demand across the alpine region.

In Frankton’s masterplanned Remarkables Park precinct,&nbsp;<a href="https://www.apartments.com.au/developers/safari-group">Safari Group</a>’s 141-apartment Mountain Oak development is attracting repeat and yield-focused buyers seeking exposure to that market dynamic.

Brandon, who specifically targeted Queenstown as an investment location, said the combination of price point and limited new supply made Mountain Oak stand out.

“It is a quality product in a location that struggles to densify,” he said, referencing Queenstown’s land-locked geography and development limitations.

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/658d4f_48c3ec1ae5df4a2cab7d23c07c7f51b3~mv2.jpg?VersionId=27K8oQ4ExDN8Yu70VHDa9Olq59XU36m3" />

Having spent significant time in the region, Brandon pointed to its global reputation and consistent visitation as key fundamentals.

“Queenstown is a known destination from people all over the world. The place is land locked and there are issues building there. It’s also busy all year round.”

That four-season economy, driven by skiing and snowboarding in winter and hiking, cycling and water-based tourism in summer, was also central to Sherry’s decision to invest.

“I believe the four-season tourism has major appeal as it would ensure that the property will not remain empty, unlike other areas in NZ,” she said.

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/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/313_Living_WEB.jpg?VersionId=3LglY20Jp_MAzQYdvwODRWvtjL.cZcqI" />

Mountain Oak has been structured to respond to that sustained demand, with 365-day visitor accommodation consent underpinning a mix of one-bedroom, flexi, two-bedroom and dual-key configurations that can operate as either short-term visitor accommodation or long-term rental housing. Dual-key apartments comprise two self-contained residences on one title, allowing owners to generate dual income streams or occupy one side while leasing the other.&nbsp;

Under Safari Group’s optional visitor accommodation management model, owners receive 60 per cent of the annual income generated by their apartment, with 24/7 on-site management, guest services and listing exposure included. Independent appraisal modelling suggests gross yields of up to 15 per cent for certain two-bedroom configurations, based on estimated nightly rates and occupancy assumptions.

For Brandon, that flexibility aligned with his broader investment strategy.

“It helps to know that I can have it managed either way,” he said. “My focus is on purchasing high yield cashflow properties.”

<img alt="Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand" data-entity-type="file" data-entity-uuid="c786ba7f-f974-4ce3-9833-1bcd9f2938d6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_ae3c049f388f4c13bf801649d91cbb4a~mv2%20%281%29.jpg?VersionId=J25uvzGdvtFaXGzuwz28ewJ9wWzbtvur" />

He selected a one-bedroom flexi configuration, citing both yield and adaptability.

“I work remotely and can travel to most places and work. I enjoy making spaces that work for the lifestyle that I live and it seems that others also enjoy it.”

Ranging from 54 to 57 square metres, the one-bedroom flexi incorporates a separate multipurpose room suited to a home office, additional storage, or accommodation for ski gear and seasonal equipment, an increasingly relevant inclusion for buyers balancing remote work and alpine travel.

Interiors feature underfloor heating in bathrooms and a heat pump in the main living area, supporting year-round comfort. Upper-level apartments are positioned to maximise natural light, with sliding windows and balustrades in select residences enhancing outlook and ventilation. Units are available in both light and dark interior schemes.

<img alt="Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand" data-entity-type="file" data-entity-uuid="8f9492e9-8ee0-4aae-856c-8996ed9d9a06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_7d066f5200024c1aa472d01e2dc776ed~mv2.jpg?VersionId=MLR5xn6fLqPdBi7vxyRT.1zhQX3Ln0Ev" />

Sherry, a repeat Safari Group buyer, said her previous experience with the developer provided confidence to secure another apartment.

“Their developments have always finished on time, the quality has been high, and I didn't feel that my investment may be at risk,” she said. “Knowledge of the developer and our two existing Safari apartments gave us the confidence to proceed with this one.”

Safari Group has delivered more than 2,000 hotel units and residential apartments nationally and is now undertaking its fifth Queenstown development, reinforcing buyer confidence in delivery capability.

Although Sherry was not initially targeting Queenstown due to its price profile, prior visits reshaped her view of the market.

“I absolutely love this region and believe it is a major tourist attraction, which led me to the decision to invest.”

<img alt="How Mountain Oak Apartments draws holiday home buyers to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Construction commenced in June 2025, with completion anticipated by mid-2027. Apartments are priced from NZ$639,000, and the development carries Overseas Investment Office exemption approval, allowing non-residents to purchase.

For both investors, the purchase represents a balance of income generation and long-term portfolio positioning in a tightly held alpine market.

“I firmly believe my investments in Safari developments are a combination of all these elements,” Sherry said. “The location of this project enabled me to diversify.”

As Queenstown continues to attract year-round visitation alongside constrained housing supply, Mountain Oak’s dual-key flexibility, optional on-site management structure and established developer track record are resonating with investors seeking exposure to the region’s resilient tourism economy.

Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand

Bowral

Property developer Birdy is currently constructing a residential project in Sydney’s Southern Highlands.&nbsp;

The subsidiary of Australian builders, Tribeca, will construct a collection of just four pavilion residences, with the project tipped to attract attention from buyers looking for a low-maintenance home that offers privacy.&nbsp;

Located in Elmsdale at 56 Kangaloon Road in Bowral, each of the pavilions will comprise three-bedrooms, three-bathrooms and a double garage, with considered landscaped gardens in their surrounds.&nbsp;

Knight Frank Agent, Nathan Berlyn is marketing the residences, which are priced from $2.5 million to $2.7 million, saying the homes would appeal largely to downsizers looking for freestanding single-level homes offering great internal proportions, a low maintenance yard, within a boutique complex, all just minutes from Bowral’s town centre.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="60c2adb0-8c33-40ed-a338-f78581c47906" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/01-%20LIVING%20VIEW%201%20-%20Woodland.jpg?VersionId=lVXY48eRRQDmlNsMcFmC1HFgrUj8YbTo" />

“One of the biggest draw cards for buyers in the area is the location of Elmsdale in the village of Bowral, with easy access to a huge range of cafes, restaurants and shops,” he said.

“Elmsdale also benefits from being only minutes away from many nature walks, national parks, historic villages, award winning wineries and beautiful gardens that are ever-changing through the seasons.

Berlyn said the Southern Highlands had seen significant demand during and post COVID from Sydney-based buyers.

“We are still seeing strong demand across multiple projects, with Sydney buyers from affluent areas seeking a weekend retreat or eventual retirement home in Bowral,” he said.

“This, combined with the demand from local downsizers coming off larger acreage lots, is creating strong interest in a well-designed project such as Elmsdale.”

Designed by Bowral-based Tziallas Architects, the homes will span from 214.5 sqm to 233.5 sqm, with land sizes ranging from 387 sqm to 407 sqm.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="7b35f301-f0bf-428f-95ee-8f5bb87fd273" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/02-%20LIVING%20VIEW%202%20-%20Alpine.jpg?VersionId=pNP6.goO9p9981mLEcipQ79Ba2W4wNDz" />

The residences will feature two living rooms which connect to a garden terrace with an entertainer’s deck, as well as an entry hallway with a built-in window seat.&nbsp;

Josiah Sciascia of Birdy said space, light and laidback luxury characterised the future-proofed pavilions in Elmsdale, which have been designed with quality finished for a low maintenance lifestyle.&nbsp;

“The residences are the epitome of Southern Highlands life,” he said.&nbsp;

“Vaulted ceilings, clean lines and easy flow floorplans come together to create a tranquil and inviting home for relaxing and entertaining.”&nbsp;

Under floor heating and heated towel rails will also be incorporated, in addition to a butler’s pantry, a gas fireplace, wall panelling and floor-to-ceiling windows. &nbsp;

“Each residence is individually designed to incorporate understated opulent materials including recycled brick, modern roof profiles, vertical v-groove cladding and contemporary landscaping for a low-maintenance lifestyle,” Sciascia said.&nbsp;

<img alt="Render of the proposed Bowral development " data-entity-type="file" data-entity-uuid="694fb501-efb0-4db3-aeb5-72ecf908e93e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/13-Elmsdale-Street-3.jpg?VersionId=ownMriuEIo7R5l2yd3VYNYvvF4qzBPLR" />

“They are also future-proofed for accessibility. Each residence is designed with generous space in the kitchen, master bedroom and main bathroom with large spacious hallways and flat entrance thresholds for level access.”

“Expansive double-glazed windows and doors connect each residence to the surrounding gardens providing an immediate connection to nature.”

Construction on the homes is slated for completion by the first half of this year.&nbsp;

[smartcode_project_cta:default project_id=138289]

alisonwarters@gmail.com

Boutique residential development under construction in Bowral 

<html><body>
Having sold his city home to Hamish and Zoe Blake, Peter O’Connell the co-founder of telecomms giant Amaysim Australia, has spent big in the Southern Highlands.

He’s emerged as the $4.25 million buyer of the Bowral cottage transformed by the serial renovator Jenny Rose-Innes.

Rose-Innes, who wrote Australian Designers at Home, and the more recent bestseller, British Designers at Home, had paid $1,275,000 in 2015, having found the neg­lected cottage on an evening walk with dogs, Miss Penny the schitzu and Fergus the schnauzer.

Marketed as a Connecticut-style home, the weatherboard-style residence has three bedrooms and three bathrooms. 

Late last year O’Connell sold his longtime Vaucluse home to the comedian Hamish Blake and his business owner wife, and ironically the Bowral-born Zoe Foster-Blake, for $8,925,000. The couple have moved back to Sydney from Melbourne due to Foster-Blake’s booming skincare business Go-To. 
</body></html>

Marketed as a Connecticut-style home, the weatherboard-style residence has three bedrooms and three bathrooms. 

Amaysim co-founder Peter O'Connell spends $4.25 million in Bowral

<html><body>
Most property investors are out there chasing the big growth. Many of them end up disappointed citizens, especially those who chase it in the wrong places, like resources-influenced regional centres.
Very few places sustain that big growth for more than short periods.
There’s a lot to be said for a less popular but much safer and often more profitable policy: chasing consistency.
In our quarterly survey of sales activity around Australia, a report we call The Price Predictor Index, we have a prominent spot for the consistent markets. I tend to think of them as The Stayers of residential real estate.
They sit in the middle of the market, between the growth locations and the declining ones. These Consistency markets record steady rates of sale, quarter after quarter, year after year.
These locations, above all else, represent safety for investors. They are usually not boom markets, but have the valuable quality of solidity and consistency. And markets with this high level of even performance usually produce solid price growth over time.
Bowral in the Southern Highlands of NSW is one of those wonderfully consistent markets. It tends to sell between 100 and 110 homes every quarter, regardless of what’s happening in the wider market or the general economy.
In the past 12 months its median house price has risen 14% to $710,000 – and over the longer-term it has averaged 7% per year for the past decade.
The Sydney suburb of Sutherland has a modest median price, by Sydney standards, of $780,000 but it is good performer on price growth, on the back on a steady sales performance.
Over the past three years it has recorded between 78 and 88 sales virtually every quarter. No dramatic peaks and troughs, just good steady performance. Its median has grown 13% in the past year and it has averaged 9% per year over the past decade, which means values doubling in eight years.
The Brisbane suburb of Bulimba is another of those stayers – selling a similar number of properties quarter after quarter, year after year. Its median price has grown an average of 7% per year over 10 years, including 9% in the past 12 months, and its median is now above a million dollars.
These case studies – and there are many more like them - show that Consistency markets can produce good price growth and, in particular, steady long-term capital growth rates.
And they can be found anywhere, including in city markets that are generally in decline.
Perth is towards the bottom of the pile in terms of capital city markets. In the new Autumn edition of The Price Predictor Index, we can now identify only four suburbs with any kind of forward momentum in the entire Perth metropolitan area. But one Perth suburb has grabbed our nomination as the most consistent market in the nation.
Middle-market Willeton has sold between 80 and 87 homes per quarter in 10 of the past 11 quarters (with one quarter recording 100 sales). In the past six quarters, sales have been 83, 84, 83, 86, 87 and 81. Willeton is in the Canning LGA in the southern suburbs of Perth and currently has a median house price of $755,000.
While Perth prices generally are going backwards, three years after that market peaked, Willeton’s median price grew 3.4% in the past 12 months and has grown an average 7% per year over the past three years. Its long-term performance is 8.5% per year, which means values doubling in 8-9 years.
It’s a good example of how The Stayers perform, even when surrounded by a broader market in decline.
Terry Ryder is the founder of <a href="https://www.hotspotting.com.au/" target="_blank">hotspotting.com.au</a>. You can <a href="https://mailto:ryder@hotspotting.com.au" target="_blank">email him</a> or follow him on <a href="https://twitter.com/hotspotting" target="_blank">Twitter.</a>
</body></html>

terryryder-YECXbqmri2

The Stayers perform, even when the market is in decline: Terry Ryder

<html><body>
Andrew McCulloch, the Ray White NSW CEO, is putting his Bowral home to weekend auction.

It has been popular with Sydney buyers seeking a treechange. 

The auction guide is $2 million to $2.2 million.

“During the first open we welcomed 14 groups through the home,” Ray White Bowral agent Gene Fairbanks said. 

<img alt="" height="1361" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ray_white_bowral_2.jpg" width="2000">

"The beautifully done renovations, greenery and comfortable living it represented, ticks all the boxes for Sydney buyers,” he said of the home at 7 Alfreda Street, Bowral.

It is a 10 minute walk from the town.

Its outdoor living facilities on its 4500 sqm holding comes complete with brick pizza oven and built-in BBQ area.

Several cameras guard the main entrance gates.

<img alt="" height="476" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ray_white_bowral_3.jpg" width="700">

There have been 4,468 page views on the realestate.com.au website which has 98 Bowral properties for sale.

The median property prices over the last year sits at $1,100,000.

Based on five years of sales, Bowral has seen a compound growth rate of 8 percent for houses and 3.2 percent for units.

Houses in Bowral rent out for $590 PW with an annual rental yield of 2.8 percent while its units rent for $400 PW with a rental yield of 3 percent.

Between December 12 and December 31, Ray White NSW has 545 properties scheduled to go under the hammer, with 245 of these this Saturday.   
</body></html>

Andrew McCulloch, the Ray White NSW CEO, is putting his Bowral home to weekend auction

jchancellor

Tree change Bowral offering from Ray White NSW chief Andrew McCulloch

<html><body>
Jenny Rose-Innes, who describes herself as "a serial renovator and garden maker" has sold her charming Bowral cottage, finding a $4.25 million buyer in just two weeks.

She's been building houses and gardens for over 40 years.

Her latest creation had a home on its 1560sqm marketed as Connecticut style by Di Jones agent Michael Cawthorn.

<img alt="" height="1372" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/innes_bowral_2.jpg" width="2000">

Rose-Innes hails from South Africa, coming to Australia with her husband and family a little more than a decade ago. 

Rose-Innes, who wrote Australian Designers at Home, and the more recent bestseller, British Designers at Home, had paid $1,275,000 in 2015, having found the neg­lected cottage on an evening walk with dogs, Miss Penny the schitzu and Fergus the schnauzer.

“Bringing this cottage back to life, very simply, was joyful,” Rose-Innes blogged.
</body></html>

“Bringing this cottage back to life, very simply, was joyful,” Rose-Innes blogged.

Jenny Rose-Innes sells Bowral cottage for $4.25 million

<html><body>
Sun Cable chief executive David Griffin and partner David Peters have sold their Bowral property, with its price undisclosed. 
The five-bedroom residence comes with media room, home office and gymnasium.
There's an open air pavilion with outdoor kitchen, pool and manicured rear garden with a firepit.
The offering at <a href="https://www.realestate.com.au/sold/property-house-nsw-bowral-134753030" target="_blank">22 Bundaroo Street</a> had a $3.8 million guide through Sarah Burke, of Di Jones.
It features a 47 kilowatt rooftop solar system with Tesla power wall and two electric 3-phase car chargers that were all installed following the purchase in 2013 for $930,000.
Griffin co-founded Sun Cable in 2018. 
</body></html>

firstname1-iYD4UYzvBa

Sun Cable chief David Griffin sells in Bowral

<html><body>
Lavendale, a European style country residence with mountain views has been sold for $1.82 million prior to auction. 
The Copplestone Lane home in Bowral is sitting on over 4,000sqm of parklike gardens. 
It comprises mater suite with ensuite, three additional bedrooms, sleek kitchen, light filled living zones and alfresco deck. 
<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/2020/8/31/bowral%202.jpg" alt="">
Other features of Lavendale include underfloor gas heating, fireplace, double lock-up garage and established gardens.
The home is situated close to Gibraltar Hotel Bowral, golf course, shops, cafes, eateries and train station. 
The property was by Dianna Reiche of McGrath Bowral. 
 
</body></html>

jrobinson-rf4aSBido9

Lavendale, European style country home in Bowral sold 

<html><body>
The charming Bowral home, Wynnstay has sold for $1.54 million in just three weeks of its recent listing.
The Boronia Street cottage in 4,875 sqm of established gardens has three bedrooms and two bathrooms.
One of the living areas features a Heatcharm slow combustion fireplace with a tessellated tile hearth and timber mantlepiece.
<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/2020/5/11/Wynnstay%202.jpg" alt="">
A paved garden room leads from the dining area through French doors.
<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/2020/5/11/Wynnstay%203.jpg" alt="">
In the grounds are established trees, including fig, Canadian western red cedar, silver birch and wisteria vine.
Duncan Hill Property agents Duncan Hill and James Sgouros secured the quick sale.
</body></html>

Bowral trophy home Wynnstay sold for $1.5 million

<html><body>
The owner of a Paddington art gallery Justin Miller has listed his historic Bowral weekender, Kowana amid signs the Southern Highlands market was falling.
The 1890s residence in the Notts Hill precinct has a garden established in the 1930s by Altona James, wife of the Point Piper Supreme Court judge Augustus James.
The cottage has around 200 sqm internal space.
The 7,955 sqm property, which is set across two titles on Mount Road, <a href="https://www.realestate.com.au/sold/property-house-nsw-bowral-120709017" target="_blank">cost $1.75 million in 2015</a>.
There were $40,000 renovations approved in 2016.
There are $3.75 million hopes.
The homes was owned by international record producer Mark Opitz and his wife Vanessa in the 1990s when they hosted visitors including Helena Christensen and Michael Hutchence.
A four bedroom country style Mount Road home on 2000 sqm, with views toward Gibbergunyah, fetched $1,665,000 last month having traded at $1.7 million in 2018.
A nearby Mount Road offering has been on the market without success since last October.
It is close to the site of Kevin Ryan's Waterbrook Bowral (formerly Our Lady Of The Sacred Heart School), a luxury 17 ha retirement village development site.
It will have 135 luxury villas, with an extensive range of onsite facilities including; 24/ 7 concierge, a wellness centre and spa, business centre, lounge spaces, restaurant, bar, ballroom/play theatre and library.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Bowral weekender Kowana listed by art dealer Justin Miller

<html><body>
Art adviser Justin Miller has sold his historic Bowral weekender, Kowana, which had $3.75 million hopes.
The 1870s cottage, with about 200 sqm of internal space, sits on an elevated 7955 sqm just outside the town. There are Canadian redwood walls and New Zealand kauri pine floors at the cottage, which was built for Randolph Nott, the architect who became a Macquarie Street politician and building society pioneer.
Set in the historic Notts Hill precinct, its English-style garden dates back to the 1930s when planted by Altona James, wife of the one-time Point Piper domiciled judge Augustus James.
It was retained by the family until 1962 when sold by Bruce Ryrie and his wife, Altona.
The house traded at $265,000 in 1987 and then sold for $660,000 in 1997 by international record producer Mark Opitz and his wife Vanessa, who hosted visitors including Helena Christensen and Michael Hutchence.
There were $40,000 worth of renovations approved in 2016 after it was bought by the art doyen (pictured) for $1.75m in 2015.
Miller advises private and corporate collectors on the purchase and sale of their 19th and 20th century art. He has almost 30 years’ experience in the fine art auction industry and is best known for his 11 years as chairman of Sotheby’s Australia from 1999 to 2010.
Kowana, which was sold by local agent Michael Cawthorn, is close to Kevin Ryan’s luxury 17-hectare retirement village site, Waterbrook Bowral.
This article was first published in the Sunday Telegraph.
</body></html>

Bowral

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Bowral

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News