Joel Robinson

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Bulimba

Brisbane's premier riverfront suburbs have long been sought-after for apartment dwellers.

It's more common for new projects to appear in the likes of Newstead, Albion and New Farm, than it is in Bulimba.

But the small suburb south of the Brisbane River looks set for a new development, with Chris Mundey, Founder and Managing Director of Friday Capital, submitting plans for a new development at 43 Wambool Street.

Looking to tap into the high-end downsizer market, the building will comprise just eight three-bedroom apartments across a three-level building.

Brisbane locals, Gatehouse Architects have been appointed to design the project on the large 1,012 sqm site, with the main design intent focusing on seamlessly integrating into the existing neighbourhood's character and charm.

<img alt="Render of the Bulimba development " data-entity-type="file" data-entity-uuid="efeb81b5-e3a6-4a1d-91da-1bb759270cee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%203.14.54%20pm.png?VersionId=DeaC2awIRlm4BzKt0rV0FN8Iikk7rZcG" />Render of the proposed Bulimba development. Credit: Gatehouse Architects.

Located at 43 Wambool Street, the development's design is centred around the concept of incorporating natural light into the living spaces, creating an open and airy atmosphere that encourages a sense of community, harmony, and tranquility. The architecture blends modern and traditional elements, using carefully selected building materials that match the surrounding context.

The building's large windows, balconies, and terraces take advantage of Brisbane's sunny climate and leafy green surroundings, providing residents with a sense of openness and connection to the outside world while maintaining privacy and security.

The addition of a rooftop communal area is designed to encourage social interaction and community across the site, with&nbsp;the 84 sqm space featuring a permeable pergola structure, as well as a range of passive and active recreation opportunities, including a lounge area and outdoor dining space.

The development is designed to respond to Brisbane's subtropical climate and lifestyle, with all units featuring well-proportioned living areas and balconies that create indoor/outdoor living spaces, maximising access to natural light and ventilation.

Ground level units include private open spaces comprising patio areas ranging in size between 25 sqm to 46 sqm, while upper-level units feature balconies ranging in size between 19 sqm through to 48 sqm.

The additional landscaping on the rooftop space further softens the built form from the streetscape and adjoining properties, adding to the amenity of the communal area.

<img alt="Aerial shot of the Bulimba project" data-entity-type="file" data-entity-uuid="e9fde7f5-87dc-4509-bc99-1051a6f2c19f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%203.22.04%20pm.png?VersionId=NAAe8Yf2AhYzONyKaf_B5CyJb_ETpLKf" /> 
Aerial shot of the proposed Bulimba site. Credit: Google Earth

Residents will be just over 200 metres from the bustling Oxford Street, which is home to a mix of retail and food outlets, health care services, bars and cinemas. A number of bus routes also run along Oxford Street, while the Bulimba Ferry Terminal is less than a kilometre away.

The heritage-listed Bulimba Memorial Park is also just a short walk.

Prior to launching Friday Capital, Mundey was the Head of Consulting and Capital Management at an East Coast Boutique Advisory firm and was the lead partner in its Sydney office, with the group working across the eastern seaboard, with projects in Sydney, Brisbane and the Gold Coast.&nbsp;

[smartcode_project_cta:default project_id=139204]

The developer has tapped Brisbane locals, Gatehouse Architects to design the project on the large 1,012 sqm site

alisonwarters@gmail.com

First look: New plans lodged set to tap into high end Bulimba apartment market

The luxury home builder and now residential apartment developer, Graya, has been given the green light to push on with its second high-end residential project in Brisbane&#39;s inner-ring.

They&#39;ll soon be launching Canvas, a collection of just 21 two, three and four-bedroom apartments in the sought-after riverfront suburb of Bulimba.

Speaking recently to Urban, Rob Gray, who with brother Andrew founded Graya in 2013, said they were attracted to the&nbsp;Love Street site given its proximity to the Oxford Street lifestyle precinct.

[smartcode_project:default project_id=112020 project_image_fid=198790]

Gray said the three-level zoning allowed them to create something&nbsp;more affordable than what they usually create in the trophy home space.

&quot;We saw value in being able to bring something to what is one of Brisbane&#39;s top suburbs without pricing out the majority of the market as we do in the single home space,&quot; Gray said.

&quot;Most GRAYA supporters now have a change to own one for themselves.&quot;

Canvas will home a rooftop amenity level with the standout feature the infinity pool and spa. The rooftop offers&nbsp;views back to the Brisbane CBD.

[smartcode_project:default project_id=112020 project_image_fid=198792]

Graya has a long-line of prestige home builds to their name, setting a number of street and suburb records in the last few years.

But the move to multi-res was on the cards from day one.

&quot;We always wanted to go into multi-res, it was just a case of timing,&quot; Gray said. The team have been building around 12 luxury houses a year in some of Brisbane&#39;s best suburbs.

Their first multi-res project, Maison in New Farm, was just five luxury full-floor apartments that all sold off th​e plan with an average price of $3.2 million, with sales ranging between $2.8 million and $4.3 million.

Gray says&nbsp;buyers at Canvas should have confidence in the resale value of the Graya product.&nbsp;A Maison apartment that sold off th​e plan for $2.9 million in 2020 resold earlier this year for $5 million.

[smartcode_project:default project_id=112020 project_image_fid=198793]

Gray&nbsp;adds that, in the current uncertain times regarding&nbsp;the problematic construction industry, those developers who also build their project, are ultimately going to deliver.

&quot;There will be a real shortage of supply in the coming years, with developers who also build not facing the same types of challenges of those having to hire an external company to construct the project,&quot; Gray suggested.

&quot;There&#39;s also the fact that as a developer and builder, it&#39;s our job to think about every facet of the development. Sometimes when the developer isn&#39;t the builder, details can be missed.&quot;

They had bureau^proberts design&nbsp;Canvas, with the&nbsp;brief to create Graya homes in the sky and&nbsp;create the best unit block in the suburb..

&quot;Bureau^proberts stood out for us having nailed the luxury owner-occupier stock,&quot; Gray said, adding that their last 10 designs, which included Glasshouse, Thornton Residences, Cala Dei and Natura, have been very successful.

[smartcode_project:default project_id=112020 project_image_fid=198804]

Graya&#39;s longstanding reputation has seen them field a number of enquiries from either past clients, or friends of past clients, who know the Graya brand and have seen first hand what they&#39;ve produced over the years.

The name Canvas derives from the art world.

&quot;We try to make every project like a work of art,&quot; Gray said, adding that the facade of Canvas was so unique, and some of the intricate details they have brought into the rest of the building, that the&nbsp;word Canvas was an apt name for the project.

Motiv&#39;s Carly Cottam will be handling the sales of Canvas, with launch expected in late June.

[smartcode_project_cta: project_id=112020]

Speaking recently to Urban, Rob Gray, who with brother Andrew founded Graya in 2013, said they were attracted to the Love Street site given its proximity to the Oxford Street lifestyle precinct

Exclusive: GRAYA get green light for Canvas, luxury Bulimba apartments

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The now Melbourne-based rugby star Quade Cooper has finally offload his Bulimba home.
He got just over $2.2 million, having failed to find a buyer over the past two years.
He had been seeking offers in the low to mid $2 millions through a different agency, having in initially failed when asking $2.65 million after its failed 2018 auction.
Cooper, now playing with the Melbourne Rebels, bought the 2006-built home for $1.845 million in 2015 when he was with the Queensland Reds.
It got a facelift in 2017 by Graya Constructions.
Set on 445 sqm, the home has four bedrooms, three bathrooms, a pool and a 12 metre marina berth on the Brisbane River.
Cooper lived in the property with his girlfriend, former Miss Universe Australia Laura Dundovic.
 
 
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firstname1-iYD4UYzvBa

Wallaby Quade Cooper sells Brisbane home

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A record $8.4 million has been paid on the Brisbane riverfront at auction last night.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%202.jpg" alt="">
The riverfront home at Bulimba ranks as the city’s most expensive property ever sold under the hammer.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%203.jpg" alt="">
The five-bedroom European-style mansion at 95-99 McConnell Street saw two families compete after the initial $5.5 million offer.
The prized north-facing 1473 square metres of land comes with 32 metres of river frontage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%204.jpg" alt="">
The 95-99 McConnell Street, Bulimba offering sold through Sarah Hackett of Place Estate Agents Bulimba.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%205.jpg" alt="">
Brisbane’s most expensive auction sales
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td>
Address
</td>
<td>
Brisbane Suburb
</td>
<td>
Year
</td>
<td>
Auction Price
</td>
</tr>
<tr>
<td>
95-99 McConnell Street
</td>
<td>
Bulimba
</td>
<td>
2019
</td>
<td>
$8.4 million
</td>
</tr>
<tr>
<td>
39 Griffith Street
</td>
<td>
New Farm
</td>
<td>
2019
</td>
<td>
$7.75 million
</td>
</tr>
<tr>
<td>
22 Sandford Street
</td>
<td>
St Lucia
</td>
<td>
2009
</td>
<td>
$7.75 million
</td>
</tr>
<tr>
<td>
29 Laurence Street
</td>
<td>
St Lucia
</td>
<td>
2010
</td>
<td>
$7 million
</td>
</tr>
<tr>
<td>
78 Jilba Street
</td>
<td>
Indooroopilly
</td>
<td>
2007
</td>
<td>
$6.1 million
</td>
</tr>
<tr>
<td>
20 Scott Street
</td>
<td>
Hawthorne
</td>
<td>
2017
</td>
<td>
$5.6 million
</td>
</tr>
<tr>
<td>
22 Langside Road
</td>
<td>
Hamilton
</td>
<td>
2016
</td>
<td>
$5,385,000
</td>
</tr>
<tr>
<td>
34 Quay Street
</td>
<td>
Bulimba
</td>
<td>
2016
</td>
<td>
$5.33 million
</td>
</tr>
<tr>
<td>
14 Otway Street
</td>
<td>
Holland Park
</td>
<td>
2016
</td>
<td>
$5,225,000
</td>
</tr>
<tr>
<td>
9 Griffith Street
</td>
<td>
New Farm
</td>
<td>
2013
</td>
<td>
$5.2 million
</td>
</tr>
</tbody></table>
Source: Domain Group (results based on sales made on the auction day under the hammer only).
The previous record auction was $7.75 million, back in 2009 at Sandford Street, St Lucia, which was then equalled in March this year when 39 Griffith Street, New Farm sold under the hammer.
It was purchased by Ben Seymour, the grandson of Queensland rich-lister and developer Kevin Seymour.
 
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j.ballantyne1990-6AQqhLzZaK

Bulimba riverfront takes Brisbane auction record mantle

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A Bulimba, Queensland mortgagee apartment has been successfully sold for $335,000.
The sales represents a reduction in the value of $54,000 compared to the previous sale price.
Jared Candlin and Michael Clarke marketed the unit.
Situated at <a href="https://www.realestate.com.au/sold/property-unit-qld-bulimba-131592998" target="_blank">107/425 Hawthorne Road</a>, the property consists of a one bedroom, one bathroom apartment with a single parking space.
Set on 74 sqm, the abode successfully sold under the auction hammer on August 18.
The home was listed as a rental as recently as 2014 and 2015 seeking $395/pw, less than what it sought when it was listed as a rental in 2012/2013 when it asked for $420-$435/pw
Last sold in 2011, the unit transacted for $389,000.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median sale price for a home in <a href="/developments/bulimba-qld-4171">Bulimba</a> is $600,000, according to CoreLogic
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Bulimba, Queensland mortgagee home sold for $54,000 loss

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The now Melbourne-based rugby star Quade Cooper is attempting to offload his Bulimba home having failed to find a buyer first time around.
He's now asking for offers in the low to mid $2 millions through a different agency, having previously failed late last year when asking $2.65 million after its failed auction.
New agent Michael Bacon from Place Kangaroo Point Instagram messaged Cooper to tell him he could sell the home after it had been on the market for four months with another agency.
Cooper, now playing with the Melbourne Rebels, bought the 2006-built home for $1,845,000 in 2015 when he was with the Queensland Reds.
It got a facelift in 2017 by Graya Constructions.
Set on 445 square metres, the home has four bedrooms, three bathrooms, a pool and a 12 metre marina berth on the Brisbane River.
Cooper lived in the property with his girlfriend, former Miss Universe Australia Laura Dundovic.
This article was first published in the Weekend Australian.
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Wallaby Quade Cooper tries again to sell Brisbane home

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Quade Cooper and Laura Dundovic’s renovated Brisbane house has been given a $2.65 million price tag after failing to sell at its late 2018 auction. 
The rugby star and former Miss Universe Australia listed the near riverfront Bulimba house in November following Cooper’s signing to the Melbourne Rebels. 
Ray White has listed the 446 sqm property for $2.65 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/17/COOPER4.jpg" alt="">
Cooper bought the property for $1.845 million in 2015. 
In 2017 the celebrity couple commissioned Graya Construction to give the property a facelift.
The property has four bedrooms, three bathrooms, a pool and a 12m marina berth on the Brisbane River.
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Rugby star Quade Cooper's luxury Bulimba home gets asking price

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Rugby star Quade Cooper and his model girlfriend Laura Dundovic are set to list their luxury Bulimba pad as he heads to Melbourne to play with the Melbourne Rebels.
The <a href="https://www.realestate.com.au/property-house-qld-bulimba-129921130" target="_blank">near riverfront got a complete makeover</a> last year by Graya Construction.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/19/COOPER4.jpg" alt="">
Cooper paid $1.845 million for the home in 2015 when moving from Hawthorne.
The two-storey home near popular Oxford Street has four bedrooms and three bathrooms.
There's also a 20 metre glass-framed pool and 12 metre marina berth. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/19/COOPER3.jpg" alt="">
It was a $1,700 a week rental when Cooper was overseas playing for Toulon in France.
The New Zealand-born star offloaded his Hawthorne house for $1.6 million in 2015.
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Melbourne Rebels bound Quade Cooper lists Bulimba home

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A three bedroom Bulimba house has sold for $1,885,000.
Located at <a href="https://www.realestate.com.au/property-house-qld-bulimba-126229074" target="_blank">11 Pine Street</a>, the 835 square metre property is suitable for development.
It features a frontage of 15 metres with the allotment’s removable post-war home 70 metres from the Oxford Street area.
<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/2017/09/17/11%20Pine%20Street-2.jpg" alt="">
It is a zoned LMR (two or three storey mix) and suitable for constructing multiple luxury apartments or townhouses.
The property is four kilometres from the CBD and public transport is nearby.
Oxford Street features a Woolworths supermarket and fitness centre, while parkland is also nearby.
The property was offered through Ray White agent Jose Peralta.
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Three bedroom Bulimba house sold for $1,885,000

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Bulimba has the highest unit stock growth in Queensland, according to Investar’s latest June report.
The property investment firm says that Bulimba’s unit stock has grown by 162 percent.
This is followed by Yorkey’s Knob with 68 percent and Nelly Bay with 61 percent.
<table style="width: 453px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="95">
Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="83">
Current median price
</td>
<td valign="top" width="71">
Current sales stock
</td>
<td valign="top" width="71">
Sales stock 1 year ago
</td>
<td valign="top" width="71">
Sales stock growth
</td>
</tr>
<tr>
<td valign="top" width="95">
Bulimba
</td>
<td valign="top" width="64">
4171
</td>
<td valign="top" width="83">
$600,000
</td>
<td valign="top" width="71">
105
</td>
<td valign="top" width="71">
40
</td>
<td valign="top" width="71">
162%
</td>
</tr>
<tr>
<td valign="top" width="95">
Yorkey’s Knob
</td>
<td valign="top" width="64">
4878
</td>
<td valign="top" width="83">
$227,000
</td>
<td valign="top" width="71">
59
</td>
<td valign="top" width="71">
35
</td>
<td valign="top" width="71">
68%
</td>
</tr>
<tr>
<td valign="top" width="95">
Nelly Bay
</td>
<td valign="top" width="64">
4819
</td>
<td valign="top" width="83">
$298,000
</td>
<td valign="top" width="71">
50
</td>
<td valign="top" width="71">
31
</td>
<td valign="top" width="71">
61%
</td>
</tr>
<tr>
<td valign="top" width="95">
Morningside
</td>
<td valign="top" width="64">
4170
</td>
<td valign="top" width="83">
$449,000
</td>
<td valign="top" width="71">
71
</td>
<td valign="top" width="71">
47
</td>
<td valign="top" width="71">
51%
</td>
</tr>
<tr>
<td valign="top" width="95">
Yeronga
</td>
<td valign="top" width="64">
4104
</td>
<td valign="top" width="83">
$399,000
</td>
<td valign="top" width="71">
42
</td>
<td valign="top" width="71">
28
</td>
<td valign="top" width="71">
50%
</td>
</tr>
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A two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-qld-bulimba-123512114" target="_blank">32/1 Oxford Street</a>, Bulimba (above) has been listed with a price guide of between $550,000 to $600,000.
It last sold in 2010 for $536,000 and again in 2004 for $450,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-apartment-qld-bulimba-125228014" target="_blank">17/12 Barrambul</a>, Bulimba (below) has been listed for $579,000.
<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/2017/06/13/17_12%20Barramul.jpg" alt="">
A two bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-bulimba-108227411" target="_blank">22/17 Ferry Lane</a>, Bulimba (below) was sold in February for $589,000.
<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/2017/06/13/22_17%20Ferry%20Lane.jpg" alt="">
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-qld-bulimba-123940574" target="_blank">88/16 Hetherington Avenue</a>, Bulimba (below) was sold in January for $570,000.
<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/2017/06/13/88_16%20Hetherington%20Avenue.jpg" alt="">
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