<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

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“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

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Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

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Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

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Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

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Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

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

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

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

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

Byron Bay

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A classic white Queenslander at the top of the Byron Bay's Golden Grid has been sold for $3.6 million. 
The renovated four bathroom, two bathroom home is situated at <a href="https://www.realestate.com.au/sold/property-house-nsw-byron+bay-133720478" target="_blank">60 Carlyle Street</a>. 
Set on 632sqm, it comes with open plan living, media room, elevated outdoor dining, and heated pool.
<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/byron%202.jpg" alt="">
The character filled home retains period features including 3.2 pressed metal ceilings, original floorboards and north facing wraparound verandah. 
It is situated within close proximity to Byron Town, The Pass and the Top Shop. 
Brad Cranfield and Christian Sergiacomi of Pacifico Property have the listing. 
The property was last sold in 2016 for $3.025 million. 
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Byron Bay classic Queenslander sells for $3.6 million

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The recent relaxation of travel restrictions and gatherings in public has given the Byron Shire a much-needed confidence boost, according to a recent Herron Todd White (HTW) residential report. 
The valuation firm took a look at how a budget of $700,000 could be invested in property markets across the nation.
The HTW report suggests although any tangible improvement in the local economy is yet to be realised in the property market, local agents remain optimistic about the long term growth of the property market in Byron Bay and surrounds and this leads us to consider where it is possible to park $700,000 on a property in the Byron Shire at present.
"If Byron Bay is your cup of tea, then count out the $700,000, raid the kids’ piggy banks and check under the couch for any loose change, because you are going to need it," the valuation firm said. 
 Whilst it is not quite that bad, the options are pretty restricted within Byron Bay proper. 
Most properties start at prices well above $700,000 but if that is the limit of your budget, it is still possible to pick up an early 1990’s three- bedroom townhouse on the north-west edge of town in the $650,000 to $700,000 price range.
However, instead of a gentle stroll to the beach with a towel draped over your shoulder, it will be necessary to purchase a bike and ride the ten minutes to the beach instead, the report noted. 
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"Looking elsewhere in the shire, the pickings become a little easier at Ocean Shores which offers reasonable proximity to beaches, albeit of a less well regarded standard than the acclaimed beaches of Byron Bay. 
"Nevertheless, it is possible to find a wider choice of property in Ocean Shores that includes a sprinkling of detached, older style houses and relatively modern townhouses and villas," the valuation firm said. 
A retro family home in Ocean Shores has recently been sold for $700,000.
The three bedroom, one bathroom house is situated at <a href="https://www.realestate.com.au/sold/property-house-nsw-ocean+shores-133552854" target="_blank">2 Binya Place</a> (pictured below).
Set on a 702sqm block, the single level home is just 200m from a Waterlily park with tennis court and children's play quipment/ 
<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/2020/7/28/ocean%20shores.jpg" alt="">
Further afield, Mullumbimby offers a small opportunity to find an older style cottage but with the proviso that additional funds would be required to carry out update works as $700,000 will only buy the most basic standard of house.
A current listing is a three bedroom house in Mullumbimby priced at $557,000. 
The <a href="https://www.realestate.com.au/property-house-nsw-mullumbimby-133733834" target="_blank">10 King Street</a> home (pictured below) come with open plan living, dining and kitchen, three bedrooms and easy care lawns. 
It is located within walking distance to the town centre.
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"If land banking is more your cup of tea, it is still possible to find the odd block of land in the outer areas of Mullumbimby in the price range of $450,000 to $500,000," the valuation firm said. 
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What $700,000 can buy in Byron Bay: HTW residential 

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The Byron Bay Holiday Village located at 116-118 Jonson Street, one of the last multi-storey developable sites in the heart of Byron Bay, is to be offered for sale.
The 4,282 sqm Local Centre zoned property will be marketed by John Musca of JLL Hotels &amp; Hospitality in conjunction with Elliott O’Shea of JLL Metropolitan Investments, via a formal expressions of interest campaign.
Owned by the same family for over 37 years the business currently operates as the Byron Bay Holiday Village Backpackers with a capacity of up to 200 guests and was the first purpose-built backpackers in Australia when built in 1983.
Having sold the Beach Hotel in Byron for $104 million Mr Musca noted that the measured approach to new development has assisted in maintaining the areas unique coastal culture, whilst also amplifying the interest in those last remaining sites offering favourable zoning.
Byron’s commercial focus is continuing to extend along Jonson Street where the recently completed Mercato complex will eventually be flanked by a proposed 4-star hotel on the former Woolworths site and a new hospitality and retail complex planned for 90 - 96 Jonson Street. That 5390 sqm property was sold for $29.8 million in January this year, representing $5,528 per sqm.
Mr O’Shea expects that interested groups will appreciate this short-term income strategy however the highest and best use for the site is likely to be development.
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Byron Bay Holiday Village set for sale

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Byron Bay’s longest listing, Villa Gabrielle homes, has finally been sold by the spa king Eddie Phillips. 
It has regularly been on and off the market since 2004, with price hopes ranging from $4.5m to as high at $9.5m, its last known asking price.
There was a beach shack on the 734sqm Lighthouse Road block when it last sold for $2.36m in 2002. Phillips commissioned architect Alan Mitchell to design the three-storey house with four bedrooms, five bathrooms and a pool.
The popular $1400 a night rental offering sold through Jeremy Bennett at Byron Bay Property Sales. Phillips sold the neighbouring Villa Natasha Bonita for $6.3m in 2015.
Phillips made his fortune developing a spa business in Hong Kong.
This article was first published in the Sunday Telegraph. 
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Byron Bay's Villa Gabrielle sells after 16 years

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Hollywood heart-throb Liam Hemsworth has building plans for his private Byron Bay ­estate. Nothing as grand as his big brother Chris, but the next task is constructing a yoga studio.
Just 58sqm, but the cabana will sit idyllically beside an artificial dam with day beds and a built-in barbecue on its decking.
There will be a wharf that extends over the water, the Harley Graham Architects plan reveals.
It’s set to cost just $138,000 and should take around two months to construct in a small valley on the 35ha Broken Head property that the family company CHLH Management bought last September for $4.25 million.
The company director remains just Chris Hemsworth, but the company names suggest brother Luke holds an interest.
Council approvals were nearly not required, but its floor space and height are slightly above automated permits. There’s no plans for any grand homestead, but the application does suggest the brothers have been busy constructing a horse arena on the former cattle farm.
The Hemsworth family took to Byron in 2014, when Chris and wife Elsa Pataky spent $7 million on Kooeloah, the Balinese-style trophy home they demolished to make way for their modern mansion. 
Their project was estimated to have cost $8.8m.
All up the family have spent $17 million buying property around Byron.
Liam and Gabbriella Brooks, who have been dating for seven months, have been resident at Byron through much of the pandemic.
 
 
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Liam Hemsworth submits Byron Bay yoga studio plans

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Queensland Sotheby's International Realty agent Dominique Vasers Williams will be championing the Sotheby's brand in the NSW Northern Rivers area, which will include Byron Bay and the Tweed.
She intends building the business from scratch.
"Clientele on the east coast will be familiar with the Sotheby's International Realty brand.
"The Northern Rivers is such a beautiful lifestyle area and has such a diversity of property."
Ms Williams anticipates Sotheby's International Realty will thrive in the lifestyle location.
"Sotheby's International Realty has always been city-centric, with the exception of Port Douglas, so it's going to be really nice to see it established in this coastal and hinterland lifestyle," said Ms Williams.
Ms Williams said her first task will be to pull together a portfolio of properties to present to a growing client database who are wanting to buy in the Northern Rivers market.
Paul Arthur, CEO of Queensland Sotheby's International Realty secured getting Ms Williams on board "as the next piece of the Sotheby’s International Realty puzzle."
"It further compliments and builds on our business plan to establish ourselves in key lifestyle locations.
"We have done that in Port Douglas, the Gold Coast and the Whitsundays and look forward to offering our services to the greater Byron area."
Dominique Vasers Williams is the daughter of Rick Vasers, who was owner-operator of Pacific Palms Real Estate on the NSW Mid North Coast in Forster.
She bought the business from him and grew it to three offices with 30 staff.
Two years ago Ms Williams sold her business and then bought the management rights to Cabaret Lake Apartments.
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Sotheby's International expands into Byron Bay

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It been just over a year since the move to Byron Bay, and now model Elyse Knowles and her builder boyfriend Josh Barker have splashed out on a 1960s beach house.
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They’ve secured a renovation project, about 10 blocks from the beach in the old town.
It was bought, barely a week into its marketing, for $2.3 million when trading for the first time in 34 years at $65,000.
The tradie’s recently launched J &amp; E Projects will no doubt be hired on the renovation of the two-level, four-bedroom beach house where there’s plenty of tropical garden on the 500sqm block for their two ­Weimaraner dogs Islae and Harlow.
It’s a busy time for J &amp; E Projects which recently helped with the fit-out of Byron’s new Bettys Burgers.
The couple are now much closer to town than their Tallow Beach rental which has been recently listed at $1.8 million, having been bought by their landlord for $1.05 million in 2015.
Knowles, who has been an ­ambassador for Myer, has yet to ­reveal her purchase to her 900,000 Instagram followers.
Byron Bay currently has 75 properties for sale, according to realestate.com.au. Two weeks ago Byron Bay had 73 properties for sale, so no pre-winter spike
The median four-bedroom price has been $1,560,000, reflecting a 2.9 per cent annual rental yield.
Based on five years of sales, Byron Bay has seen a compound growth rate of 8 per cent.
Its rental market has 107 listings, down from 115 available two weeks ago and 117 three weeks ago.
The couple came to prominence with their journey through The Block in 2017 when they won the Channel 9 show after selling their Elsternwick renovation project to comedian Dave Hughes for $3.067 million.
The fully furnished Elsternwick house was recently back up for rent at $2000 a week.
The Block buyers agent regular Frank Valentic had initially estimated in 2017 the prospective rental could be as high as $3000 per week.
This article first appeared in The Sunday Telegraph.
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Model Elyse Knowles buys Byron Bay reno project

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The surge in empty AirBnBs coming back into the traditional tenancy market is being witnessed in the NSW tourism town of Byron Bay.
Carrie Bickmore, the co-host of The Project, was getting up to $1,200 a night for Luxico, her rental on Airbnb.
But with the lockdown, she's now sought full-time tenants. It means a drop in revenue as the home has been offered at $2,200 a week, one of 117 available for rent.
Her five bedroom 1920s Massinger Street property that cost $3 million in 2018 has been renovated, including a pool and a hot tub.
The Airbnb crisis is creating a perfect storm for long-term landlords now feeling the pinch when it comes to their property portfolios.
In Sydney is it being seen at Bondi Beach.
Two weeks ago Bondi there were 277 properties available for rent, but now its 337, according to realestate.com.au.
The big issue is how much do landlords need to drop asking rents to secure ­tenants before the seasonal winter doubling of the vacancy rate.
The recently sold Bondi Beach investment apartment of former cricket captain Michael Clarke ­was up for rent at $4000 a week by its Bellevue Hill buyer Dana Lewis, the wife of Oceana Fund’s David Lewis. But after market feedback was available this week at $3500 through Sotheby's International.
This article first appeared in The Sunday Telegraph
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The Project's Carriae Bickmore seeks tenants for Byron Airbnb

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The coastal retail markets have been more resilient with lower vacancy rates and stronger demand from tenants, particularly in higher profile locations, which has resulted in maintenance to upward pressure on rents in Byron Bay &amp; Ballina, according to the latest report from valuation firm Herron Todd White.
“Ultimately this is the result of a more dynamic and healthier tourist industry which has seen accommodation facilities experiencing higher occupancy rates. The current significant concerns surrounding coronavirus are likely to impact the tourist market,” the March report found.
“This is likely to initially adversely impact markets dominated by the Chinese outbound market.”
The local market is not reliant on this component and as such is less likely to have any obvious downturn and the locality could experience a rise in the domestic tourist market as Australians opt against long flights or cruises etc.
The report ultimately concluded that the market is likely to remain stable, and value levels will hold as supply and demand are likely balanced to a slight undersupply of quality investment product.
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Byron Bay and Ballina reap rewards of strong coastal retail market; HTW Commercial

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Natalie Bassingthwaighte and her family are set to make the move to Byron Bay.
The Wollongong-born former Neighbours star, her drummer husband Cam­eron McGlinchey and their two children have sold their home in Melbourne’s bayside Brighton (pictured above).
They’ll be renting first before buying acreage in the hinterland.
The redundant Brighton home cost $2,525,000 ­shortly after selling her former Elizabeth Bay apartment for $830,000.
The couple, who wed in 2011, have been together since 2006 when they met while in the band Rogue Traders, which is reforming.
“I’m ready for the next chapter in my life,” she told her social media followers.
Bassingthwaighte has also closed her children’s clothing label Chi Khi.
She soon finishes up as Roxie Hart in what she has described as her “dream role” in the ­production of Chicago in Melbourne.
They’re joining the rush of Melburnians making the move to the NSW hot spot for influencers.
Model and Myer ambassador Elyse Knowles and boyfriend Josh Barker did it last year, fresh from winning The Block Elsternwick.
The couple have been renting a home 700m from Tallow Beach, with plenty of space for their much photographed Weimaraner dogs Isla and Harlow.
It came with an established organic fruit tree ­orchard, including mangoes, ban­anas and papaya.
The big news out of Byron this week was the ­entrepreneurial sea-changers Tom Lane and wife Emma are seeking buyers for their organic business ­incubator, The Farm at ­Ewingsdale. The buyers are being ­offered the whole, or just a stake in the farm. 
This article first appeared in The Sunday Telegraph.
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