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.

[smartcode_project:default project_id=150489 project_image_fid=373834]

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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The Block co-host Shelley Craft and her husband, real estate agent Christian Sergiacomi, both have a very keen eye for property in their daytime jobs.
And in their downtime they do more than dabble.
The couple have just secured a $1.35 million land parcel on Byron Bay's Belongil peninsula.
They secured a 650 sqm non-beachfront building parcel, which is around 150 metres from the popular beach that holds a special place in the couple's hearts.
They got married on the beach in 2009, calling it their “most special place in the world”.
Craft recently posted a picture to Instagram of the beach with saying "Is this anyone else's idea of perfection???"
They're now set to build a beach house to utilize as a Belongil Beach holiday rental. No doubt it will be a Shelley's beach house style project.
It came with $400,000 approved work plans from 2014.
They have engaged architect Paul Uhlmann, who is also designed their current home within the town which they secured for $3 million last year.
That's getting a pool, pergola and poolhouse.
Their purchase in the thriving town came after they sold their luxury hinterland holding The McLeod Shoot home fetched $2.55 million last year bought by the former Bronte based entrepreneur Justin Butterworth who pioneered online holiday home rental websites in Australia.
Craft got some design tips from fellow Block stars Darren Palmer and Shaynna Blaze after the property was bought from the McGettigan pioneering family who first settled in Byron Bay in 1882.
Craft, whose career kicked of with presenting roles on Seven's Saturday Disney and The Great Outdoors, then Australia's Funniest Home Video Show, is busy co-hosting the hit Channel Nine renovation series The Block.
The 13th season which is being filmed in Melbourne's Elsternwick involves the restoration of old homes hauled onto the site.
It is likely to be begin in August.
Craft met Sergiacomi when they traveled the world together on The Great Outdoors in 2007. Sergiacomi was working as a cameraman at the time.
They have two daughters.
Sergiacomi, now a sales agent at Byron Bay Property sales, had a hand in the biggest sale in Byron Bay last year.
It came when businessman Mark Rowsthorn, chief of transport company McAleese, sold holiday home on the exclusive Marine Parade to Burra Foods boss Grant Crothers for $8 million.
This article was first published in The Saturday Daily Telegraph.
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firstname1-iYD4UYzvBa

The Block co-host Shelley Craft buys Byron land parcel

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Victoria's richest woman, the Sussan Group boss Naomi Milgrom, has continued her Byron Bay property buyup.
She's just spent $7 million on another Lighthouse Road acquisition.
Her off market purchase adjoins two prior that have been made over the past decade.
The three purchases total over 2,800 sqm, and have cost a pricey $17.5 million.
The retail queen's first buy was in 2007 when she paid $4.25 million, then four years later paying $6.2 million for the redundant holiday home of businessman Mark Rowsthorn.
The three bedroom, three level home, that has been a $1,200 a week rental, comes with views of The Pass and Clarke's Beach through to the hinterland.
Earlier this year Milgrom spent $3 million took to the hinterland for another purchase.
It was a two hectare estate bought from the former Saatchi and Saatchi art director Alan Morden and artist wife Denise. 
She is based in bayside Melbourne at a 124 year old Italianate mansion in Middle Park, formerly the site of the historic Danish Club. Since its acquisition she bought up adjoining cottages which have been demolished to restore the estate's size to its heyday.
Milgrom, who is Australia's eight richest woman, has a net worth of an estimated $582 million.
Milgrom is rumoured to have put the fashion giant up for sale.
This article first appeared in the Sunday Telegraph. 
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Sussan Group boss Naomi Milgrom continues Byron Bay buyup

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Coastal areas continue to be the most in demand locations in Ballina and Byron Bay, according to Herron Todd White’s latest report.
However, the property valuation firm says locations which have traditionally been less sought after remain strong, with prospective buyers operating in a heated market prepared to overlook negative attributes.
“With significant increases in values over the past 24 months any increase in stock or reduction in demand will likely see a reduction in value,” the report stated.
“The increases in value would not appear to be sustainable.”
Mullumbimby appears to be the most desired location at present, while demand for lower priced units in the Ballina area is strong, whilst the $1 million plus market in coastal areas such as Lennox Head and East Ballina continues to perform well.
The report advised the demand in Mullumbimby was being fuelled by interstate buyers looking to find alternatives to the more expensive resort towns of Brunswick Heads and Byron Bay.
“The average house price point for the particular suburb of Mullumbimby ranges between $750,000 and $1 million,” the report advised.
“The product at this price point is varied between either an older style dwelling or newer product.
“The older dwellings comprise single level houses built about the 1950s located in the flat part of Mullumbimby close to the local township,”
A four bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-mullumbimby-124897086" target="_blank">2 Palm Avenue</a>, Mullumbimby (above) has been listed for $989,000.
Similarly a five bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-mullumbimby-122164038" target="_blank">871 Main Arm Road</a>, Mullumbimby (below) has been listed for $845,000.
 <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/2017/04/20/871%20Main%20Arm%20Road.jpg" alt="">
 “If interest rates remain low and the demand for these particular houses remains high, the current sustainability of these houses to the market place will remain unchanged,” the report said.
 “People tend to be paying a significant premium for a renovated or revamped classic product in this suburb.
“There is both opportunity for renovation in Mullumbimby and for purchase of properties that have already had renovations done.”
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j.ballantyne1990-6AQqhLzZaK

Mullumbimby in demand with interstate buyers: HTW

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One of Byron Bay’s largest residential subdivisions has achieved record prices.
Around two thirds have been sold as the final stage hits the market.
Developed by Unison Projects, Seacliffs Byron Bay is a rainforest fringed enclave.
Some 73 per cent of the estate is maintained as a nature reserve and a wildlife corridor for native animals.
The $20 million Seacliffs Byron Bay development features 34 elevated lots within a 16 hectare eco-friendly hinterland estate.
Some come with ocean views.
Unison Projects founder Jonathan Levy remarked that stage one of 11 completed lots on Hayters Drive, Suffolk Park, sold out quickly.
He added one had since achieved a record house price for the suburb.
Additionally, seven of the second stage of eight lots have been sold, with five of the 16 lots in the third and final stage also already traded.
“The response to Seacliffs has been fantastic particularly from the local market as most of our buyers were already living in the Byron Bay region,” Levy said.
“The project has proven that Byron buyers are back.”
McGrath agent Nick Dunn added that stage three home lot sites range from 616 sqm to 1156 sqm.
The prices are between $600,000 and $660,000, set just a few minutes to Tallow Beach and the Suffolk Park shops, and only eight minutes to the heart of Byron Bay.
“Seacliffs is where the hinterland meets the sea,” Levy said.
 
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Final stage of Byron Bay development Seacliffs hits market

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Aussie singer-songwriter Xavier Rudd has listed his retreat north of Byron Bay.
The New Brighton property is on the web as having $2.45 million to $2,695,000 hopes.
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.04.09%20PM.png" alt="">
The trendy looking home of course comes complete with a recording studio that soundproofed and has acoustic insulation.
There was even his imprimatur in its marketing "as the ultimate professional musicians home."
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.04.15%20PM.png" alt="">
Rudd had paid $722,500 for the land in 2012 before commissioning Chris Walker Constructions to build the home. 
Sitting on the banks of Marshall's Creek, the 220 sqm home was built with a mix of native timbers, stone and handcrafted features prominent throughout.
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.06.03%20PM.png" alt="">
Rudd shared the home with new wife, holistic wellness trainer Ashley Freeman. They wed in late 2016 in a Byron Bay Australian Aboriginal Ceremony.
The home was designed to create a connection with nature.
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.06.43%20PM.png" alt="">
Oversized glass sliding doors open to a large deck that offers panoramic creek views while a second deck sits at the rear of the home.
There are four bedrooms, three bathrooms, a wine cellar, an outdoor pizza oven and additional outbuilding.
Raine &amp; Horne Ocean Shores/Brunswick Heads agents Caitlin Hellyar and Julie-Ann Manahan have the offering.
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.07.29%20PM.png" alt="">
Rudd has his tour across Europe coming up.
The tour across 13 countries begins at the start of June in Copenhagen in Denmark and ends in Madrid in Spain a month later.
Rudd has always had a love for the Northern Rivers region.
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.08.27%20PM.png" alt="">
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.
<img src="https://www.urban.com.au/images/2017/05/15/Screen%20Shot%202017-05-15%20at%2012.09.17%20PM.png" alt="">
Born near Torquay in Victoria, Rudd grew up in a family of seven children.
Before launching his solo career, Rudd began playing music as part of the band Xavier and the Hum. 
He drew inspiration from artists such as Leo Kottke, Ben Harper, Natalie Merchant and multi-instrumentalist David Lindley, as well as music from diverse sources, such as Hawaiian and Native American music.
He is described as an Australian surf/roots musician on his website. He has released eight studio albums.
This article first appeared in the Daily Telegraph. 
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Singer-songwriter Xavier Rudd lists Byron retreat

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Ian Moore, The Clean Energy Finance Corporation board member, is selling his eco-friendly home, Coorabell Dreaming, in the hinterland of northern New South Wales.
Designed by local Byron Bay architect Sam Zaher, the three-bedroom house sits 100 metres above sea level.
It boasts 180 degree uninterrupted views over the Myocum Valley to the ocean.
The Byron Bay property at <a href="https://www.realestate.com.au/property-house-nsw-coorabell-125139086" target="_blank">970 Coolamon Scenic Drive</a> is completely off the grid, relying on a 45 solar panel system, a battery bank and a back-up generator too.
The home has double glazing. There is multi-layered insulation to further minimise energy consumption.
<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/2017/04/21/TROPHY1.jpg" alt="" width="385" height="224">
It also comes with a 14,000 tree rainforest plantation.
There are two 45,000 litre water tanks.
Moore, who considers himself an “economic green” and his wife, Di, spend most of their time in their Sydney home.
Unique Estates have it with a price guide of $4.2 million.
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Off the grid eco-home Coorabell Dreaming listed near Byron

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A prized property at Byron Bay, Horizons, has been listed for sale for $6.25 million.
Located at <a href="https://www.realestate.com.au/property-house-nsw-byron+bay-124828030" target="_blank">440 Bangalow Road</a>, the hinterland property is set on 10 ha and has uninterrupted coastal and rural views.
It is currently owned by publican Geoff Smith.
With a desirable northern aspect and natural light the property has a flowing lounge and dining as well as an additional living area/media room.
A gourmet stone kitchen as well as five appointed bedrooms, each with their own ensuite, is also featured.
<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/2017/03/27/440%20Bangalow%20Road-2.jpg" alt="">
The sun soaked entertainment courtyard and inground swimming pool offers a lifestyle of assured satisfaction.
There is also a fully self-contained two bedroom guest accommodation for those that have guests coming over.
The property is offered through Byron Bay LJ Hooker agent Tony Farrell.
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Prized Byron Bay house, Horizons, listed for $6.25 million

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Lifestyle and tourism based regions are showing a healthy recovery after their post GFC slump, according to a recent CoreLogic report.
The property data firm says that the median price of houses in the Byron region is increasing from $590,000 as of November 2011 to $790,000 on November 2016.
<a href="https://www.propertyobserver.com.au/images/2017/02/28/Screen%20Shot%202017-02-28%20at%2010.53.06%20am.jpg" target="_blank">Click to enlarge</a>
<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/2017/02/28/Screen%20Shot%202017-02-28%20at%2010.53.06%20am.jpg" alt="">
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-mullumbimby-124756358" target="_blank">111 Stuart Street</a>, Mullumbimby (above) has been listed for between $745,000 to $795,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-suffolk+park-125037062" target="_blank">35/12 Hazelwood Close</a>, Suffolk Park (below) has been listed for between $795,000 to $840,000.
<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/2017/03/23/35_12%20Hazelwood%20Close.jpg" alt="">
A five bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-brunswick+heads-123113350" target="_blank">14 Hyrama Crescent</a>, Brunswick Heads (below) was sold for $785,000.
<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/2017/03/23/14%20Hyrama%20Crescent.jpg" alt="">
Similarly a three bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-byron+bay-124007114" target="_blank">3 Bunjil Place</a>, Byron Bay (below) was sold for $766,000.
<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/2017/03/23/3%20Bunjil%20Place.jpg" alt="">
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Coastal regions, Noosa and Byron show signs of recovery after GFC slump: CoreLogic

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The first home buyers grant is providing financial help for first timers to purchase land and build in the Ballina region, according to HTW’s Month in Review: March 2017. 
The valuation firm says Suffolk Park and Byron Bay seem to be outpriced for first home buyers, but first home buyers are looking to build in this area utilising land and home packages to their advantage.
It points to the new estate known as EPIQ in Lennox Head, where vacant land prices range from $250,000 to $300,000, as one such example.
HTW also says that in the Ballina and Byron Shires, there has been increased evidence of group buying.
“This is more specifically noted in the new coastal estates located at Wollongbar, Cumbalum, Lennox Head, and also using already established property in Ocean Shores,” it says.
“Potential buyers seem to work together in purchasing VL blocks over 800 square metres and then look to subdivide.
“We have also seen groups of two buying established homes that already contain one main house, and look to build another dwelling (as seen in Ocean Shores).
“Developers in the areas of Byron Bay and Ocean Shores seem to be creating products that are helping first home buyers get into the market.
“These development works include the construction of units containing one and two bedrooms at maximum.
“In this effort to minimize the overall accommodation provided, it in turn lowers the overall cost, which therefore opens it up to the first home and entry level buyers.
“This product is appealing as it is creating a new way of affordability in the coastal resort market.”
However, HTW cautions buyers against these products and says first home buyers looking to enter the market right now should try and buy an established property.
“As new estates are released, local builders have been able to increase their building costs, resulting in a higher rate per square metre in turn pushing the price up on a house and land package,” it says.
“Therefore, there seems at the moment to be better value in finding an established house to purchase at a lower price.
“The cost of building is slowly increasing due to a high demand of builders verses lack of builders in the Ballina and Byron Shires.
“First home buyers should pick a path of either buying a unit or an established home to maximize their money for value.”
Units either in Cumbalum or Ocean Shores, with medium unit price points of $350,000 to $500,000, may be attractive options.
For established homes, HTW suggests first time buyers look at Ocean Shores (a median price point of $450,000 to $550,000) or in Lennox Head ($600,000 to $700,000).
“The current low interest rates are on your side, but if you were looking specifically at long term capital growth historically this has been achieved closer to the coastal regions,” HTW says.
“The biggest mistake that valuers have seen first home buyers make in the Ballina and Byron Shires is a lack of careful planning in regards to additional costs upon entry into a property.
“For example buying land and building, first home buyers may not factor into their budget addition costs such as window furnishings, fencing, landscaping, retaining walls and other such additions that increase the initial market cost of the home from beginning to end.
“We have also seen the same costing mistakes in the established housing market, where there has been a lack of planning for renovations or improvements.”
A three bedroom unit at <a href="https://www.realestate.com.au/sold/property-unit-nsw-ocean+shores-124453606" target="_blank">3/1 Bindaree Way</a>, Ocean Shores (above) was recently sold for $390,000.
Similarly a set of residential land at <a href="https://www.realestate.com.au/property-residential+land-nsw-suffolk+park-200973431" target="_blank">Lots 16-38 Seacliffs</a>, Suffolk Park (below) has a price guide of between $600,000 to $660,000.
<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/2017/03/09/Suffolk%20Park.jpg" alt="">
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jonathanchancellor-7SQnKwU6yx

Byron first time buyers of house and land packages beware: HTW

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A fringe Byron Bay residential development site which has 60 metres of beachfront reserve access has been listed for sale.
It’s the 22-room Wollongbar Motel, which is run by a private operator, along with a house next door on the road out of Byron near the abandoned railway line.
The listing agent Blake Goddard from JLL Brisbane said the site was already receiving buyer inquiry from Sydney and Brisbane developers.
Matthew Hogg said he was selling to focus on other investments in Melbourne.
The site is tipped to fetch more than $10 million.
The 4542-square-metre site at 17-21 Shirley Street has a development approval for 17 luxury apartments.
The site is for sale by expressions of interest closing March 23.
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