Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

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Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Byron Bay

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With “schoolies” celebrations now over and New Year’s, spare a thought for the challenges faced by children and young people growing up in popular tourism hot spots.
Let’s take the beautiful northern New South Wales coastal town of Byron Bay as an example. At the end of each year, young school leavers flood Byron Bay in pursuit of a rite of passage experience that many of their parents would prefer not to know about.
But there is another story here that is often overlooked. How do young residents of these places negotiate the challenges of growing up in a community widely acclaimed as a “party” destination? And how do the very public narratives portrayed in the media shape the experiences of young people growing up in a place like Byron Bay?
My recent <a href="https://epubs.scu.edu.au/theses/542/" target="_blank">doctoral research</a>, in which I interviewed 74 young people in Byron shire aged between 10 and 24, sheds light on young residents’ views and experiences.
It is estimated that an annual average of 1.7 million tourists <a href="https://www.tra.gov.au/research/regional-tourism/local-government-area-profiles/local-government-area-profiles" target="_blank">visit Byron Shire</a>, with 704,000 being domestic overnight visitors. While the party reputation of Byron Bay and its popularity with young backpackers and schoolies is now a given, there is little consideration about the impact of this on <a href="http://www.censusdata.abs.gov.au/census_services/getproduct/census/2016/quickstat/LGA11350?opendocument" target="_blank">the 2800</a> young people who <a href="https://www.researchgate.net/publication/317281509_Growing_up_in_a_tourist_destination_negotiating_space_identity_and_belonging" target="_blank">live there</a>. Some of the issues and concerns raised in this research include safety, belonging and the environment.
<h2>Safety</h2>
The biggest concern raised by young residents is the perceived lack of safety that they often feel at times like schoolies and New Year’s Eve. The “demonstration effect” of alcohol and drug consumption, which is sensationalised in <a href="https://www.dailytelegraph.com.au/news/nsw/schoolies-2017-hits-byron-bay-and-prompts-enormous-police-presence/news-story/672d3ea70d68bb0c357cd42de60fd7ff" target="_blank">the media</a>, has widespread implications.
Children and young people growing up in these communities are witnessing a holiday lifestyle on a regular basis, including the party frenzy and alcohol and drug-fuelled behaviours that are on display at times like schoolies.
This is confusing: they see people having fun all the time, but don’t consider that these same tourists go home to a seemingly normal life after the holiday. This may have important implications for their wellbeing in the long term, particularly when they are drawn to join the celebrations.
Isabella, 15, said:
<blockquote>
I don’t feel safe due to intoxicated people. I know that because of the reputation that it’s a party town, I’m not allowed to come to Byron at night, which I don’t want to because there are just too many people that are passing through.
</blockquote>
<h2>Belonging</h2>
The other concern raised by young people in Byron Shire is the shrinking sense of community as more and more places become overcrowded and commercialised. Young people’s sense of belonging is challenged at peak tourist times, when crowded spaces and unfamiliar faces contribute to feelings of alienation and displacement.
Many also worry about their future. Tammy, 24, said:
<blockquote>
It kind of scares me because it means that people can’t live here anymore as they can’t afford the rent and things like that! I suppose that’s just tourism, that’s how it works, it’s for the privileged.
</blockquote>
The rise of holiday-letting and AirBnb have also led to a lack of affordable housing in the area. As more and more families are forced <a href="https://www.echo.net.au/2017/06/holiday-letting-byron-councils-sights/" target="_blank">to move out of the region</a>, the social structure of the communities in the Byron Shire region is changing.
For young people still living in the area, usual neighbours are replaced by a continuous flow of visitors who book through platforms such as AirBnb. This only adds to feelings of anxiety and alienation.
<h2>The environment</h2>
Children and young people growing up in the region are also acutely aware of the impacts of tourism activity on the environment. Young people are concerned about the visible effects of tourism and the lack of respect that travellers, and in particular young school leavers, have for the environment.
Littering on the beaches, streets and parks in Byron Bay is a common problem at peak party times.
Young residents argue that these behaviours are frustrating. They actively take up stewardship of the natural environments in the community by participating in beach clean-ups and awareness campaigns to educate the visiting tourists. As 21-year-old Jack said:
<blockquote>
It’s disappointing to see people come to supposed paradise, the place where they’re expecting to be clean and beautiful and pristine, then they leave it in such a state. It’s just disrespectful.
</blockquote>
<img src="https://counter.theconversation.com/content/88315/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">Like other areas such as the Gold Coast, Byron Bay is a popular destination with young school leavers who consider it their “party town”. But let’s not forget that it is also the home of many young locals. More education and awareness is needed about these important issues which significantly shape young people’s lives.
<a href="https://theconversation.com/profiles/antonia-canosa-426625" target="_blank">Antonia Canosa</a>, Research Associate, Centre for Children and Young People, <a href="http://theconversation.com/institutions/southern-cross-university-1160" target="_blank">Southern Cross University</a>
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/your-party-our-home-the-challenges-of-growing-up-in-a-tourist-destination-88315" target="_blank">original article</a>.
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j.ballantyne1990-6AQqhLzZaK

Our home, your party: the challenges of growing up in a tourist destination

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Media personality Angela Catterns has bought a retreat in the Byron Bay hinterland.
It's at Wilsons Creek, some 27 kilometres north east of Byron. She paid $1 million for the home from the Maughan family.
It sits on a vast 3300 sqm parcel.
Catterns is mostly known for her work on Australian radio ever since she presented Mornings on Triple J in the 1980s. 
For four years she did Breakfast on 702 ABC Sydney.
She shared the 1915 warehouse in Sydney with her music composer partner Charlie Chan.
Catterns and Chan bought their 278 sqm Balmain warehouse for $1.93 million and sold the empty shell for $2.5 million.
They had previously owned Glendarra, an 1897 freestanding Victorian Balmain terrace with water views which sold for $3.1 million.
This article was first published in the Saturday Daily Telegraph. 
 
 
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firstname1-iYD4UYzvBa

Angela Catterns buys Byron Bay hinterland retreat

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Byron Bay's luxury prestige market is dominated by residences overlooking some of the best beaches in Australia.
<a href="https://www.realestate.com.au/property-house-nsw-byron+bay-114603803" target="_blank">The White House at Byron Bay</a>, overlooking the secluded Watego's Beach, is the epitome of a classic beach house.
Set on the exclusive Marine Parade, The White House has been designed to frame the expansive ocean views from its elevated north facing location.
Four of the five bedrooms have ocean views, while the hub of the home is the second level open plan living and dining area which opens out to a large ocean facing entertaining deck.
The top floor of the striking tri-level home is occupied by the master retreat which has its own ensuite and private balcony, also facing the beach.
The house has even been rented by the likes of Kate Moss and Elle Macpherson, who paid $14,000 a week for the privilege.
The White House belongs to heirs to the iconic Arnotts biscuit family.
They paid $5.5 million for the home in 2009.  
Byron Bay Property Sales Jeremy Bennett is marketing the home with an $8.9 million price tag.
The White House sits a few houses down from the Byron Bay record breaker, which has stood since 2006.
Sydney developer Danny Goldberg paid $16 million for Watego's House, a six bedroom beachfront which he proceeded to demolish to build a new home with swimming pool.
Set on 1,500 square metres opposite the popular Rae's on Watego's restaurant, the home is far and away the most expensive in the north coast suburb.
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jonathanchancellor-7SQnKwU6yx

Arnotts family heirs look to offload Byron Bay trophy home The White House

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Aussie singer-songwriter Xavier Rudd has sold his northern New South Wales retreat at New Brighton.
The popular musician waited until after a number of price reductions.
He had recently been touring the Europe, the US and Canada and listed the home before he set off on the trip. He covered 45 shows over 55 days.
It first came on the market with $2,695,000 hopes five months ago. They were reduced to $2.5 million when Katrina Beohm at Katrina Beohm Real Estate took over the listing.
The price was dropped again to $2.39 million before Rudd accepted $2.25 million.
Despite its price reductions it was still a windfall for Rudd, who paid $722,500 for the land in 2012. He commissioned Chris Walker Constructions to build the 220 sqm home on the banks of Marshall's Creek.
The home was designed to create a connection with nature and was constructed with a mix of native timbers and stone.
The stylish home of course features a soundproofed recording studio with acoustic insulation.
Rudd describes himself as an Australian surf/roots musician. He has released eight studio albums.
Late last year Rudd married holistic wellness trainer Ashley Freeman.
This article was first published in the Sunday Telegraph. 
 
 
 
 
 
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Xavier Rudd lowers asking price to secure New Brighton sale

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John Cornell, the comedian-turned-entrepreneur, has spent $3,375,000 on a Byron Bay purchase.
It seems he’s intent on creating a family compound in the hinterland.
The purchase expands his McLeods Shoot holding by just the 1.4 hectare.
The property sits adjacent to the 18-hectare parcel that Cornell has owned since the 1980s.
Previously Cornell and his wife Delvene Delaney owned what was the biggest compound on the beach at Belongil. But a few years back the couple offloaded it all.
Their sales included the Don Street beachfront to Harvey Norman heir Glen Norman for $10 million in 2015.
Cornell is best known for his comedic work with Paul Hogan.
While he was working as a producer for A Current Affair, he recognised the talents of the Sydney Harbour Bridge rigger and became his manager. He often appeared alongside the actor in The Paul Hogan Show, along with his wife Delvene. 
The latest hinterland acquisition looks a savvy purchase for Cornell, with the property last trading for $3,825,000 10 years ago.
It had been on the market for six years most recently through LJ Hooker Byron Bay agent Glen Irwin.
The single-level home has three bedrooms, two bathrooms and a number of large timber verandas that open to the swimming pool.
The 1.4 hectare estate was advertised as having more than enough room for a cricket pitch, music to the ears of the businessman who was instrumental in the introduction of World Series Cricket in 1977.
Cornell was highly sucessful with his ventures in Byron Bay commercial and tourism property investment including the Beach Hotel which was sold in 2007 to the Melbourne businessman Max Twigg, who is rumoured to have found a $70 million buyer following its relisting in 2016.
The couple’s actor daughter, Liana, recently sold her Georgian-inspired Woollahra home for $3.9 million which cost $2.8 million in 2013.
Liana, who splits most of her time between Byron Bay and LA, is set to star in Sky’s new historical series Britannia, which draws comparisons with Games of Thrones, paid $2.8 million.
This article first appeared in the Sunday Telegraph.
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Comedian-turned-entrepreneur John Cornell buys more in Byron hinterland

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The Beach Hotel in Byron Bay has sold for $70 million to a Melbourne-based private equity firm backed by the wealthy Liberman family.
The rumoured sale was first reported in <a href="https://www.realestate.com.au/news/byron-bay-expansion-no-laughing-matter-for-john-strop-cornell/" target="_blank">The Sunday Telegraph</a>.
The vendor, racing car driver Max Twigg, then denied to The Australian last week that he was selling the pub in the iconic northern NSW township, adding: “I am a happy owner, I have been for ten years.”
But it has since been confirmed by The Australian the hotel, overlooking Byron’s Main Beach, has sold under a long settlement agreement.
It’s gone to the Impact Investment Group, in a record-breaking deal.
Mr Twigg paid about $44 million for the hotel a decade ago.
The hotel in Bay Street was developed by John Cornell about 25 years ago.
Cornell built the hotel in Byron’s Bay Street for about $9 million in 1990.
The hotel’s licensee, Melbourne restaurateur John van Haandel, has exercised his option to continue running the popular hotel under the remainder of his long-term lease arrangements.
The hotel, Byron Bay’s largest venue, hit the market mid last year with price expectations of between $75 million and $80 million.
Impact Investment Group has more than $400 million in funds under management. Investors include wealthy individuals, families, institutional investors, corporations and foundations.
The 6.3 per cent yield struck for the famous hotel's freehold title also reportedly set a new benchmark, with recent major metro pub deals struck on yields around 8 to 8.5 per cent
According to an information memorandum prepared for last year's sales campaign, the pub brought in annual revenue of about $4.3 millon from its multiple bars, bistro, beer garden, bottle shop, gaming room, 25 hotel rooms and conference facilities
Impact joins the push by private equity groups into the pub sector after White &amp; Partners, the private investment arm of the White real estate family, snapped up the Allawah and General Gordon pubs in Sydney for a combined $48 million.
Pub values have surged in the past 18 months with yields compressing by 50-100 basis point over the past year.
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Beach Hotel, Byron Bay, sold for $70 million

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Chloe Brookman, one half of global home décor brand emporium Olli Ella, has bought in the Byron Bay hinterland having flipped her Balmain park-side home.
She and husband, Charlie Wheeler paid $920,000 for a four bedroom home on 4,000 sqm in McLeods Shoot, set in what the advert describes as the 'golden triangle of the Byron Bay hinterland'.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.26.11%20AM.png" alt="">
Since Byron Bay First National agent Helen Huntly-Barratt sold the home, the couple have set about renovating the 1970s brown brick home.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.26.53%20AM.png" alt="">
The extensive renovations were finished last last month.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%2010.49.05%20AM.png" alt="">
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%2010.47.31%20AM.png" alt="">
They flipped their Balmain semi earlier this year pre-auction for $1.85 million through Cobden Hayson agent Matthew Hayson, having paid $1.4 million for the dilapidated Federation-era home.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.27.59%20AM.png" alt="">
The couple and their three kids moved to Australia four years ago after Chloe and her Clerkenwell-based sister Olivia set up Olli Ella when they were both living in London.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.28.53%20AM.png" alt="">
The cool children's nursery store has spread globally with Chloe heading the company in Australia.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.29.29%20AM.png" alt="">
Since moving her family and base for the global home décor brand Olli Ella to the Byron Bay hinterland, the couple has embraced a simpler life, all the time blogging their progress.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.30.14%20AM.png" alt="">
The brand was picked up by the department store, Harrods soon after its 2010 launch, and Olli Ella now turns over $4 million annually, stocked in 2,000 stores worldwide.
<img src="https://www.urban.com.au/images/2017/08/23/Screen%20Shot%202017-08-23%20at%209.30.55%20AM.png" alt="">
This article first appeared in the Sunday Telegraph.
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Chloe Brookman buys in the Byron Bay hinterland

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Aussie singer songwriter Xavier Rudd has repriced his northern NSW retreat, dropping the price over recent weeks.
The popular songwriter, who is currently touring the USA and Canada, was asking $2,695,000 for his<a href="https://www.realestate.com.au/property-house-nsw-new+brighton-125606986" target="_blank"> New Brighton home</a> in the Northern Rivers region.
It was knocked down to $2.5 million, then to $2.39 million, with Katrina Beohm at Katrina Beohm Real Estate taking over the listing.
Rudd paid $722,500 for the land in 2012 before engaging Chris Walker Constructions to build the 220 sqm home on the banks of Marshall's Creek.
Built with a mix of native timbers and stone and designed to create a connection with nature, the homes oversized sliding glass doors open to a large deck that offers creek views.
The stylish home of course comes with a soundproofed recording studio with acoustic insulation.
Rudd has shared the four bedroom home with new wife, holistic wellness trainer Ashley Freeman. They wed in late 2016 in a Byron Bay Australian Aboriginal Ceremony.
Born near Torquay in Victoria, Rudd, who is described as an Australian surf/roots musician on his website, has released eight studio albums and has just completed his tour across 13 countries in Europe.
He began in Copenhagen in Denmark and finished in Madrid in Spain.
Rudd has always had a love for the Northern Rivers region.
He previously co-owned a home with now ex-wife, artist Marci Lutken-Rudd, in Burringbar before selling in 2007 for $850,000. They paid $595,000 in 2004.
Rudd also had a 20 hectare parcel in Wilsons Creek in the same region. He sold for $785,000, having paid $820,000 a year earlier.
This article first appeared in the Sunday Telegraph.
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Songwriter Xavier Rudd reprices northern NSW retreat

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Sydney Roosters forward Aidan Guerra has paid $830,000 for a Byron Bay retreat.
It's an investment for Guerra, who is set to join the struggling Newcastle Knights in 2018 having signed a three year deal last month.
He's secured an $850 a week rental, reflecting a near 5.5 percent yield. It income falls just short of the median Byron Bay weekly rental price of $900.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-byron+bay-124418502" target="_blank">1985 built home</a> is set in 620 sqm of landscaped gardens and has four bedrooms, two bathrooms and a large private yard on its 620 sqm block.
It has been renovated since last sold for $556,000 in 2013.
The much traded home has had six different owners since the turn of the century including Saint Philomena Crystal Rainbow Tear Freedom Sword Martin-Wild-Ocean-Dreamtime.
It went backwards in price in 2005 when it was picked up for $387,000, having previously sold for $440,000 in 2002.
Byron Bay Ray White agent Michael Gudgeon sold the home pre-auction.
It's Guerra's second investment, his first a lot closer to home. His first purchase was a one bedroom garden apartment in Queens Park, close to the Roosters Allianz Stadium.
That cost $965,000 in 2015 and was leased last year at $600 a week. 
This article first appeared in the Sunday Telegraph newspaper.
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Sydney Roosters forward Aidan Guerra buys in Byron

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Richard Johnston, the co-founder of TripADeal, one of Australia's leading travels deals site, and wife Claire Alexander have spent $2.31 million in Byron Bay.
The exclusive waterfront beach house, that had previously acted as a B&amp;B, is set in expansive tropical gardens with uninterrupted nature reserve views.
Comprising four bedrooms and two bathrooms, the home on a large 1,207 sqm double block overlooks the tranquil Belongil Creek.
The garden paths wind past the fish pond and the lawns to the waters edge where there's a jetty and gazebo.
It was sold by Ed Silk Byron Bay agent Ed Silk.
Johnston and best mate Norm Black came up with the idea of TripADeal when in Bali in 2010.
Little did they know the company would turn them into multi-millionaires and chance the face of Australia's travel industry.
The Bangalow-based Richard Johnstone had previously owned a surf shop up on the NSW north coast, while Norm had a retro clothing store. 
Johnston had also worked on surf films during his 20s and 30s and was a freelance writer for surfing magazines.
The couple have been based in one of Bangalow's cutest heritage cottages.
The business pair credit much of their success to starting their multimillion-dollar global business in a town better known for board shorts rather than boardrooms.
The group employs 56 people in Byron, overtaking the local chicken processing factory as the biggest ­employer in town.
This article first appeared in the Daily Telegraph.
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