<p><a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.</p>

<p>A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.</p>

<p>Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360965]</p>

<p>“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.</p>

<p>From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.</p>

<p>The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360981]</p>

<p>Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.</p>

<p>A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.</p>

<p>Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360966]</p>

<p>Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.</p>

<p>“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.</p>

<p>Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=149670 project_image_fid=360969]</p>

<p>Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.</p>

<p data-end="8307" data-start="8063">The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.</p>

<p data-end="8543" data-start="8312">“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”</p>

<p data-end="8915" data-start="8548">The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.</p>

<p>The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.</p>

<p>[smartcode_project_cta:default project_id=149670]</p>


Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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


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

<p>
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</p>

<p>A 60-apartment building nine storeys tall would be a rarity almost anywhere along this stretch of Moreton Bay, but that's exactly what's been lodged for a modest Deception Bay street better known for its single-storey weatherboard homes.</p>

<p><a href="https://www.apartments.com.au/developers/sherlock-construction-homes">Sherlock Construction Homes</a> is seeking to push Deception Bay’s emerging medium-density housing profile higher, lodging plans for a nine-storey apartment building near the suburb’s shopping centre and foreshore.</p>

<p>Dubbed Grosvenor Apartments, the proposal at 14-20 Grosvenor Terrace would replace two detached homes with a new building designed by&nbsp;<a href="https://www.apartments.com.au/architects/mode">Mode Design</a>&nbsp;which would&nbsp;reach nearly 30 metres, well above the site’s mapped 21-metre building height.</p>

<p><img alt="First Look: Sherlock Construction pitches 9-storey tower for low-rise Deception Bay" data-entity-type="file" data-entity-uuid="86c21a25-5a97-4ca7-a361-80757137ea5b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Deception%20da%20front.png?VersionId=aXIujfvEhH33sLHOEjHFv9Ii6qxSvAF4" /></p>

<p>The apartment mix is weighted toward larger homes, with 14 three-bedroom apartments, 31 two-bedroom apartments and 15 one-bedroom apartments. Six apartment types are spread across the floors, ranging from 66 sqm one-bedroom units through to three-bedroom apartments of 116 sqm, most with private balconies or terraces.</p>

<p>Levels one through seven follow a consistent layout of six to eight apartments per floor arranged around a central lift and stair core, with the top floor, level eight, trading one apartment for a landscaped community breakout space rather than repeating the standard layout below.</p>

<p>Ground floor is dedicated to arrival and services, with a lobby, mailroom and manager's office, alongside 91 car spaces.</p>

<p><img alt="First Look: Sherlock Construction pitches 9-storey tower for low-rise Deception Bay" data-entity-type="file" data-entity-uuid="b098bde0-5fe1-4e6c-9601-e5446612e5fc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Deception%20podium.png?VersionId=A0hfENMNxSxkfh9Jl6D4WJ9XIraeOukA" /></p>

<p>Mode Design's brief describes a "serene coastal-inspired design blending soft curves, natural textures and light-filled spaces to reflect the relaxed Deception Bay lifestyle."&nbsp;</p>

<p>The material palette leans on white and grey render, timber-look aluminium screening and stacked-brick-look finishes, with hanging greenery and vine planting proposed across balcony edges and ground-level walls.&nbsp;</p>

<p>Balconies feature asymmetrical geometries intended to vary the building's rhythm rather than repeat a single module up the tower, while lush planting is concentrated over the entry and level one balconies to soften the building's base.</p>

<p><img alt="First Look: Sherlock Construction pitches 9-storey tower for low-rise Deception Bay" data-entity-type="file" data-entity-uuid="c05c5693-3e00-42d0-b075-55c36094f4db" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Deception%20da%201.png?VersionId=cMKJgBsBaaVCd2dA5O22SOT38OT_.BPA" /></p>

<p>The design evolved following an April 2025 prelodgement meeting with council. At that stage, the project was conceived as a seven-storey building containing 45 apartments. The subsequently lodged scheme increases the development to nine storeys and 60 apartments while introducing one-bedroom residences to the mix.</p>

<p>Zone Planning argues the additional scale reflects the site's position within an area earmarked for increased residential intensity. The planning report points to the North Lakes-Redcliffe-Moreton Bay Rail corridor strategy, which identifies Deception Bay as a district-level activity centre and supports greater housing choice within urban neighbourhoods.</p>

<p>Market Square Deception Bay, Deception Bay Sports Centre, Deception Bay State School, public transport, community facilities and the Moreton Bay foreshore are all identified within approximately one kilometre of the site, while the property falls within a 400-metre walking catchment of Market Square.</p>

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

<p data-end="587" data-start="368">Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.</p>

<p data-end="778" data-start="589">The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.</p>

<p data-end="907" data-start="780"><a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.</p>

<p data-end="1052" data-start="909">The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.</p>

<p data-end="1311" data-start="1054">The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.</p>

<p data-end="1451" data-start="1313">The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.</p>

<p data-end="1676" data-start="1453">MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.</p>

<p data-end="1908" data-start="1678">Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.</p>

<p data-end="2142" data-start="1910">The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.</p>

<p data-end="2142" data-start="1910"><img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" /></p>

<p data-end="2308" data-start="2144">MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.</p>

<p data-end="2648" data-start="2310">"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.</p>

<p data-end="2797" data-start="2650">"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."</p>

<p data-end="2938" data-start="2799">The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.</p>

<p data-end="3216" data-start="2940">Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.</p>

<p data-end="3325" data-start="3218">Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.</p>

<p data-end="3442" data-start="3327">"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.</p>

<p data-end="3662" data-start="3444">"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."</p>

<p data-end="3818" data-start="3664">MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.</p>

<p data-end="4076" data-start="3820">"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.</p>

<p data-end="4375" data-start="4078">"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."</p>

<p data-end="4503" data-start="4377">Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.</p>

<p data-end="4741" data-start="4505">"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."</p>

<p data-end="4910" data-start="4743">The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.</p>

<p data-end="4951" data-start="4912">MAYD is targeting an early 2027 launch.</p>


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

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<p data-end="600" data-start="394">Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.</p>

<p data-end="733" data-start="602">But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.</p>

<p data-end="970" data-start="735">Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.</p>

<p data-end="970" data-start="735">[smartcode_project:default project_id=152737 project_image_fid=377679]</p>

<p data-end="1159" data-start="972">The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.</p>

<p data-end="1357" data-start="1161">It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.</p>

<p data-end="3400" data-start="3216">[smartcode_project:default project_id=152737 project_image_fid=377675]</p>

<p data-end="3400" data-start="3216">Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.</p>

<p data-end="1664" data-start="1517">Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.</p>

<p data-end="1826" data-start="1666">Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.</p>

<p data-end="1826" data-start="1666">[smartcode_project:default project_id=152737 project_image_fid=377685]</p>

<p data-end="2045" data-start="1828">Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.</p>

<p data-end="2269" data-start="2047">"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.</p>

<p data-end="2430" data-start="2271">A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.</p>

<p data-end="2606" data-start="2432">It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.</p>

<p data-end="2724" data-start="2608">At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.</p>

<p data-end="2892" data-start="2726">Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.</p>

<p data-end="2892" data-start="2726">[smartcode_project:default project_id=152737 project_image_fid=377680]</p>

<p data-end="3004" data-start="2894">Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.</p>

<p data-end="3214" data-start="3006">"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.</p>

<p data-end="3400" data-start="3216">The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.</p>

<p data-end="3400" data-start="3216">More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.</p>

<p data-end="3670" data-start="3538">&nbsp;</p>

<p data-end="3670" data-start="3538">[smartcode_project_cta:default project_id=152737]</p>

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Domain

<html><body>
<div dir="ltr" align="left"><span dir="ltr">The median house price in Melbourne increased 13.9 per cent year-on-year. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">But the rate of growth in the September quarter was the slowest for Melbourne since the September quarter 2014.</span></div>
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<span dir="ltr">The median house price in Melbourne increased 1.3 per cent over the September quarter to $880,902, the</span> Domain Chief Economist, Dr Andrew Wilson said.</div>
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<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Median unit prices in Melbourne grew significantly, increasing by 3.4 per cent over the September quarter to a new record high of $506,334. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">"This means that year-on-year, unit prices have now increased by an incredible 11.4 per cent," Dr Wilson said.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">"The results suggest that recent record levels of new apartment development have had a negligible impact on price, with demand continuing to absorb higher levels of supply."<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">While the median rental price for houses in Melbourne remained steady over the September quarter, sitting at $420 per week, rental prices are up 5 per cent over the last 12 months.</span></div>
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<p class="domain-table-title">Domain quarterly stratified median house prices</p>
<div>
<table class="domain-table">
<thead><tr>
<td>HOUSE</td>
<td>SEP 2017</td>
<td>JUN 2017</td>
<td>SEP 2016</td>
<td>QOQ %</td>
<td>YOY %</td>
</tr></thead>
<tbody>
<tr>
<td>Sydney</td>
<td>$1,167,516</td>
<td>$1,190,677</td>
<td>$1,079,309</td>
<td class="negative">-1.9%</td>
<td class="positive">8.2%</td>
</tr>
<tr>
<td>Melbourne</td>
<td>$880,902</td>
<td>$869,598</td>
<td>$773,399</td>
<td class="positive">1.3%</td>
<td class="positive">13.9%</td>
</tr>
<tr>
<td>Brisbane</td>
<td>$551,840</td>
<td>$552,874</td>
<td>$531,767</td>
<td class="negative">-0.2%</td>
<td class="positive">3.8%</td>
</tr>
<tr>
<td>Adelaide</td>
<td>$519,517</td>
<td>$520,846</td>
<td>$498,971</td>
<td class="negative">-0.3%</td>
<td class="positive">4.1%</td>
</tr>
<tr>
<td>Perth</td>
<td>$554,095</td>
<td>$561,391</td>
<td>$567,314</td>
<td class="negative">-1.3%</td>
<td class="negative">-2.3%</td>
</tr>
<tr>
<td>Canberra</td>
<td>$723,980</td>
<td>$693,962</td>
<td>$655,468</td>
<td class="positive">4.3%</td>
<td class="positive">10.5%</td>
</tr>
<tr>
<td>Hobart</td>
<td>$409,592</td>
<td>$392,170</td>
<td>$356,916</td>
<td class="positive">4.4%</td>
<td class="positive">14.8%</td>
</tr>
<tr>
<td>Darwin</td>
<td>$593,329</td>
<td>$615,670</td>
<td>$610,510</td>
<td class="negative">-3.6%</td>
<td class="negative">-2.8%</td>
</tr>
<tr>
<td>National</td>
<td>$819,455</td>
<td>$823,381</td>
<td>$758,367</td>
<td class="negative">-0.5%</td>
<td class="positive">10.8%</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
</div>
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</div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Similarly, median unit rents remained steady at $400 per week, up 5.3 per cent year-on-year.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">“This period of growth marks the 20th consecutive quarter of house price growth for Melbourne. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">"While house prices continue to grow at a steady rate, unit demand is soaring.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left">
<span dir="ltr">"The latest growth figures are further indication that demand is significantly ahead of supply," </span>Dr Wilson said.</div>
<div dir="ltr" align="left"> </div>
<div dir="ltr" align="left">
<div dir="ltr" align="left"><span dir="ltr">With policies in place to further restrict investors, it’s likely that rental prices will continue to rise, with fewer properties available, he added.</span></div>
</div>
</div>
</div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

Melbourne unit prices hit record $506,000 median: Domain

<html><body>
<div dir="ltr" align="left"><span dir="ltr">Brisbane unit prices dropped by 3.5 per cent over the September quarter to $376,685. </span></div>
<div dir="ltr" align="left"> </div>
<div dir="ltr" align="left">"The median unit price is sitting at the lowest in three years, and it’s expected that unit prices will only continue to decrease. ,” said Domain Chief Economist, Dr Andrew Wilson.</div>
<div dir="ltr" align="left"> </div>
<div dir="ltr" align="left">
<div dir="ltr" align="left"><span dir="ltr">Median house prices in Brisbane declined marginally over the quarter, dropping by just 0.2 per cent to $551,840. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Dr Wilson noted despite the drop and a relatively subdued year for the local market, house prices are up 3.8 per cent year-on-year.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left">
<div dir="ltr" align="left">
<div id="1468469170927-5">
<div class="wpb_text_column wpb_content_element ">
<div class="wpb_wrapper">
<p class="domain-table-title">Domain quarterly stratified median house prices</p>
<div>
<table class="domain-table">
<thead><tr>
<td>HOUSE</td>
<td>SEP 2017</td>
<td>JUN 2017</td>
<td>SEP 2016</td>
<td>QOQ %</td>
<td>YOY %</td>
</tr></thead>
<tbody>
<tr>
<td>Sydney</td>
<td>$1,167,516</td>
<td>$1,190,677</td>
<td>$1,079,309</td>
<td class="negative">-1.9%</td>
<td class="positive">8.2%</td>
</tr>
<tr>
<td>Melbourne</td>
<td>$880,902</td>
<td>$869,598</td>
<td>$773,399</td>
<td class="positive">1.3%</td>
<td class="positive">13.9%</td>
</tr>
<tr>
<td>Brisbane</td>
<td>$551,840</td>
<td>$552,874</td>
<td>$531,767</td>
<td class="negative">-0.2%</td>
<td class="positive">3.8%</td>
</tr>
<tr>
<td>Adelaide</td>
<td>$519,517</td>
<td>$520,846</td>
<td>$498,971</td>
<td class="negative">-0.3%</td>
<td class="positive">4.1%</td>
</tr>
<tr>
<td>Perth</td>
<td>$554,095</td>
<td>$561,391</td>
<td>$567,314</td>
<td class="negative">-1.3%</td>
<td class="negative">-2.3%</td>
</tr>
<tr>
<td>Canberra</td>
<td>$723,980</td>
<td>$693,962</td>
<td>$655,468</td>
<td class="positive">4.3%</td>
<td class="positive">10.5%</td>
</tr>
<tr>
<td>Hobart</td>
<td>$409,592</td>
<td>$392,170</td>
<td>$356,916</td>
<td class="positive">4.4%</td>
<td class="positive">14.8%</td>
</tr>
<tr>
<td>Darwin</td>
<td>$593,329</td>
<td>$615,670</td>
<td>$610,510</td>
<td class="negative">-3.6%</td>
<td class="negative">-2.8%</td>
</tr>
<tr>
<td>National</td>
<td>$819,455</td>
<td>$823,381</td>
<td>$758,367</td>
<td class="negative">-0.5%</td>
<td class="positive">10.8%</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
</div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
</div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The median house rental price in Brisbane remained steady at $400 per week both over the September quarter and over the last 12 months. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Unit rents were also steady over the quarter, sitting at $370 per week. The result is 1.3 per cent lower than the same time last year.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">“The slight drop in house prices is in line with Brisbane’s subdued housing market over the last 12 months, while the drop in unit prices is evidence that unit supply in the local market has officially outstripped demand,” said Dr Wilson.</span></div>
<div dir="ltr" align="left"> </div>
<div dir="ltr" align="left">Unit prices being 6.5 per cent year-on-year was reflective of the record levels of new apartment development, which has pushed supply well ahead of demand, he concluded.</div>
</div>
</body></html>

Brisbane unit supply well ahead of demand: Domain

<html><body>
<div dir="ltr" align="left"><span dir="ltr">After dropping consecutively for three quarters, the median house price in Perth has now reached the lowest recorded by the local market in five years. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">As the market continues to weaken, house rents in Perth are now the most affordable of all capital cities, said Domain Chief Economist, Dr Andrew Wilson.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left">
<div dir="ltr" align="left"><span dir="ltr">The median house price in Perth dropped a further 1.3 per cent over the September quarter, to a five year low of $554,095.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left">
<div dir="ltr" align="left">
<div id="1468469170927-5">
<div class="wpb_text_column wpb_content_element ">
<div class="wpb_wrapper">
<p class="domain-table-title">Domain quarterly stratified median house prices</p>
<div>
<table class="domain-table">
<thead><tr>
<td>HOUSE</td>
<td>SEP 2017</td>
<td>JUN 2017</td>
<td>SEP 2016</td>
<td>QOQ %</td>
<td>YOY %</td>
</tr></thead>
<tbody>
<tr>
<td>Sydney</td>
<td>$1,167,516</td>
<td>$1,190,677</td>
<td>$1,079,309</td>
<td class="negative">-1.9%</td>
<td class="positive">8.2%</td>
</tr>
<tr>
<td>Melbourne</td>
<td>$880,902</td>
<td>$869,598</td>
<td>$773,399</td>
<td class="positive">1.3%</td>
<td class="positive">13.9%</td>
</tr>
<tr>
<td>Brisbane</td>
<td>$551,840</td>
<td>$552,874</td>
<td>$531,767</td>
<td class="negative">-0.2%</td>
<td class="positive">3.8%</td>
</tr>
<tr>
<td>Adelaide</td>
<td>$519,517</td>
<td>$520,846</td>
<td>$498,971</td>
<td class="negative">-0.3%</td>
<td class="positive">4.1%</td>
</tr>
<tr>
<td>Perth</td>
<td>$554,095</td>
<td>$561,391</td>
<td>$567,314</td>
<td class="negative">-1.3%</td>
<td class="negative">-2.3%</td>
</tr>
<tr>
<td>Canberra</td>
<td>$723,980</td>
<td>$693,962</td>
<td>$655,468</td>
<td class="positive">4.3%</td>
<td class="positive">10.5%</td>
</tr>
<tr>
<td>Hobart</td>
<td>$409,592</td>
<td>$392,170</td>
<td>$356,916</td>
<td class="positive">4.4%</td>
<td class="positive">14.8%</td>
</tr>
<tr>
<td>Darwin</td>
<td>$593,329</td>
<td>$615,670</td>
<td>$610,510</td>
<td class="negative">-3.6%</td>
<td class="negative">-2.8%</td>
</tr>
<tr>
<td>National</td>
<td>$819,455</td>
<td>$823,381</td>
<td>$758,367</td>
<td class="negative">-0.5%</td>
<td class="positive">10.8%</td>
</tr>
</tbody>
</table>
</div>
</div>
</div>
</div>
</div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
</div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Perth is one of the only capital cities (along with Darwin) to record a decrease in house prices year-on-year, down 2.3 per cent.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The median unit price in Perth also dropped significantly over the September quarter, down 6.7 per cent to $351,875. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The result 7.7 per cent lower than the median unit price 12 months ago.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The median rental price for houses dropped 2.8 per cent over the September quarter to $350 per week; 7.9 per cent lower year-on-year. While the median unit rental price remained steady over the quarter, the result is still 6.3 per cent lower than at the same time last year.</span></div>
</div>
</body></html>

Perth house prices at five year low: Domain

<html><body>
<div dir="ltr" align="left"><span dir="ltr">Canberra is in catchup mode – bucking the trend of most capital cities and recording increases in rents and house prices, said Domain Chief Economist, Dr Andrew Wilson.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left">
<div dir="ltr" align="left"><span dir="ltr">The median house price in Canberra increased an impressive 4.3 per cent over the September quarter, to reach $723,980. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The result is 10.5 per cent higher than the same time last year.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">While median unit prices in the capital city have also increased, they jumped a smaller 1.9 per cent over the September quarter to reach $427,391; 0.5 per cent lower than the same time last year.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Canberra was one of only two capital cities to record a quarterly increase in median house rents, jumping 1 per cent to $505 per week. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Unit rents remained steady at $420 per week, up 5 per cent year-on-year. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Canberra was the top performer of all capitals for gross rental yields for units, recording 5.77 per cent over the quarter.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">“After relatively subdued periods of activity in recent months, Canberra is in catchup mode,” said Domain Chief Economist, Dr Andrew Wilson.</span></div>
<div dir="ltr" align="left"> </div>
<div dir="ltr" align="left">House price growth in the city is expected to continue, given the strong migration to the area and the undersupply of houses, Dr Wilson forecast.</div>
<div dir="ltr" align="left"><span style="color: #222222; font-size: small;"><span dir="ltr"> </span></span></div>
<span style="color: #222222; font-size: small;"><span dir="ltr"><br></span></span>
</div>
</body></html>

Canberra's property prices in catch-up mode: Domain

<html><body>
<div dir="ltr" align="left"><span dir="ltr">Hobart was one of only three capital cities to record an increase in median house price over the September quarter.</span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Domain has Hobart prices up 4.4 per cent to $409,592. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">With the highest annual growth in house prices of all the capitals, the city has seen an increase of a "whopping" 14.8 per cent year-on-year, Domain chief economist, Dr Andrew Wilson said.<br></span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Despite the significant growth, the median house price is also the most affordable of all capital cities.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">As well as median house price growth, Hobart also recorded the highest median unit price growth of all cities both over the quarter – up 6.3 per cent to $323,174. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">More impressive, however, is the annual increase, with unit prices up 25.6 per cent over the last 12 months. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The growth suggests that recent record levels of new apartment development have had a negligible impact on price, with demand continuing to absorb higher levels of supply.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Hobart’s median house rental price was one of two that increased over the quarter, up 4.2 per cent to $375 per week. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">Year-on-year the weekly house rents have skyrocketed, up 13.6 per cent.<br> </span></div>
<div dir="ltr" align="left"><span dir="ltr">“Strong migration and undersupply in the property market is driving strong price growth in Hobart. For investors, Hobart is currently providing the best gross rental yields of all capital cities, with 5.29 per cent recorded in the September quarter. </span></div>
<div dir="ltr" align="left"><span dir="ltr"> </span></div>
<div dir="ltr" align="left"><span dir="ltr">The local market is confident and the boom-time results are showing no sign of slowing down, said Dr Andrew Wilson.</span></div>
</body></html>

Hobart ranks as strongest - and most affordable - house market in Australia: Domain

<html><body>
<p>Fairfax Media has warned that its revenues are down 4 percent to 5 percent on last year's levels, as it prepares its much anticipated Domain separation plan.</p>
<p>In a statement to the share market, the media company reported falling revenue for all parts of its business, except the real estate advertising arm that is about to be spun-off.</p>
<p><span>The new digital property group, Domain will have an enterprise value of $1.85 billion, less than the numbers being tossed around when private equity interest was briefly being shown.</span></p>
<p>The only part of the old Fairfax business with revenue growth was Domain, where gross earnings rose 13 percent on the back of an overall 22 percent rise in Fairfax Domain digital revenue.</p>
<p>However the total recent revenue growth at Domain of 13 percent, was down from its recent 16 per cent forecast, along with overall Domain digital revenue growth of 22 percent, coming in below a forecast of 26 percent.</p>
<p>Fairfax said it made the updated financial disclosure as part of the Domain separation.</p>
<p>The company said today's financial update will replace the usual disclosure provided at the annual general meeting, which will be on November 2.</p>
<p>After the spinoff, <span>Fairfax will no longer have direct access to Domain's cash flow and will only receive money from Domain via dividends.</span></p>
<p>In a disclosure statement Fairfax also said Domain’s costs will increase approximately 13 percent in 2017-18, from $206 million in 2016-17, in line with previous guidance.</p>
<p>The worst decline in revenue was for its metro media division — which includes the mastheads, The Age, The Sydney Morning Herald and the Australian Financial Review — where gross earnings are down 11 percent so far this financial year compared to last.</p>
<p>Australian Community Media, the local newspapers division, has had a 10 percent revenue slide.</p>
<p>Domain has signalled its intentions to be far more than a property advertising platform.</p>
<p>Domain Group is expanding into insurance with the launch of Domain Insure in conjunction with insurance specialist Envest.</p>
<p>Domain Insure, expected to launch later this year, is set to become a must-use digital solution for Domain customers seeking to meet their insurance requirements arising from buying, selling or renting property.</p>
<p>Domain chief executive officer Antony Catalano said Domain Insure adds to Domain’s suite of real estate products and services spanning home loans, utilities connections and trade services "which together deliver on our ambition to meet the modern needs of property consumers throughout their property lifecycle of buying, owning and selling."</p>
<p>Domain’s portfolio of offerings include home loan brokering business Domain Loan Finder, utilities connections business Compare &amp; Connect, home improvement and maintenance business Oneflare, open for inspection check-in management system Homepass, in addition to Domain Insure.</p>
<p>Fairfax confirmed in August it plans to retain 60 percent of the shares in the separately listed Domain, with Fairfax shareholders taking the other 40 percent.</p>
<p>The company also confirmed in August Fairfax Media chairman Nick Falloon will take the same post at Domain.</p>
<p>The board will be:</p>
<p>Nick Falloon, Chairman and Non-Executive Director;</p>
<p>Greg Ellis, Independent Non-Executive Director;</p>
<p>Geo Kleemann, Independent Non-Executive Director;</p>
<p>Diana Eilert, Independent Non-Executive Director;</p>
<p>P<span style="font-size: 12.16px;">atrick Allaway, Non-Executive Director;</span></p>
<p>Gail Hambly, Non-Executive Director; and</p>
<p>Antony Catalano, Chief Executive Officer and Managing Director.</p>
<p>"Domain is a real estate media and technology services business, covering services across digital and print platforms," Falloon said in the statement.</p>
<p>"The business, which delivered FY17 revenue from operations of $320 million, has a strong track record of growth, with total revenue increasing at a 28% compound annual growth rate over the past three years.</p>
<p>"Domain has a subscriber base of approximately 12,000 agencies and the large majority of all property listings in every state on its site, providing a strong platform to drive national expansion and depth revenue in the future."</p>
<p>Post separation, Domain will incur a range of costs and adjustments attributable to being a standalone, ASX-listed company. </p>
<p>The total pro forma standalone cost adjustments are $10 million in FY17 consisting of:</p>
<p>$2 million for Domain Board costs, listing and other costs associated with Domain becoming a standalone entity;</p>
<p>$6 million for additional corporate duties; and</p>
<p>$2 million in FY17 reflecting corporate costs attributable to Domain which were previously unallocated to Domain for the purpose of Fairfax Media segment reporting.</p>
<p>The amounts include charges paid by Domain to Fairfax Media.</p>
<p>Following the separation, Domain will continue to be consolidated by Fairfax Media and therefore the incremental costs for Fairfax Media (post separation) will be $5 million, as opposed to $10-12 million for Domain.</p>
<p>The senior leadership team will comprise of:</p>
<p>• Antony Catalano, Chief Executive Officer and Managing Director;</p>
<p>• Robert Doyle, Chief Financial Officer;</p>
<p>• Graeme Plowman, Chief Operating Officer;</p>
<p>• Melina Cruickshank, Chief Editorial and Marketing Officer;</p>
<p>• Simon Kent, Group Director (Domain Media and Developers);</p>
<p>• Tony Blamey, Chief Commercial Officer;</p>
<p>• Mark Cohen, Chief Technology Officer; and</p>
<p>• Trent Casson, Managing Director, Domain Victoria.</p>
<p><span style="font-size: 12.16px;"> </span></p>
<div title="Page 9">
<p> </p>
</div>
</body></html>

Domain's lower revenues ahead of spin-off 

<html><body>
<p>Domain is expected to be spun out of Fairfax in November, pending a shareholder vote at an extraordinary general meeting.</p>
<p>Fairfax updated the stock market on progress of its plans for the Domain group today.</p>
<p>Fairfax plans to retain a 60 percent stake in Domain, with the remaining 40 percent distributed to Fairfax shareholders.</p>
<p>Nick Falloon will be chairman of Domain. </p>
<p><a href="https://www.propertyobserver.com.au/images/2017/08/16/Screen%20Shot%202017-08-16%20at%201.38.37%20pm.jpg" target="_blank">Click to enlarge</a></p>
<p><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/2017/08/16/Screen%20Shot%202017-08-16%20at%201.38.37%20pm.jpg" alt=""></p>
<p>Domain delivered 19% growth in digital revenue but a 12% fall in print ad revenue over the past financial year.</p>
<p>Domain’s operating expenses increased 17%, but its print costs fell 6%, largely as a result of a new magazine format.</p>
<p>EBITDA also fell 6% in the first half as a result of investment, but improved in the second half.</p>
<p>The publishing giant’s biggest area of growth was Domain Group, which climbed 8.1% to $320.3 million revenue from $296.3 million for FY16.</p>
<p>Fairfax expects a scheme booklet to be available in late September, then a roadshow in November along with a shareholder vote to approve the listing in early November.</p>
<p>Last week the REA Group announced a 19 percent fall in full year profit to $206 million, mainly due to a write-down in the value of the company’s Asia business.</p>
<p><a href="https://www.propertyobserver.com.au/images/2017/08/16/Screen%20Shot%202017-08-16%20at%201.38.51%20pm.jpg" target="_blank">Click to enlarge</a></p>
<p><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/2017/08/16/Screen%20Shot%202017-08-16%20at%201.38.51%20pm.jpg" alt=""></p>
<p>Revenue was up 16% to $671.2 million.</p>
<p>Net ­profit amounted to $206.3 million in the year ended June 30, down from $253 million in the prior year.</p>
</body></html>

Domain set to be floated in November by Fairfax

<html><body>
<p>Melbourne’s eclectic cultural mix continues to draw Australians in, driving property prices up, according to Domain's latest State of the Market report.</p>
<p>The median house price is now just over $860,000, a much more attractive price tag than that of its neighbouring capital, Sydney.</p>
<p>With the unit median price now pushing up to $475,000, this city brings more than just the ‘cool’ factor to the table – it brings opportunity for first home buyers and investors alike.</p>
<p><a href="https://www.propertyobserver.com.au/images/2017/07/20/Screen%20Shot%202017-07-20%20at%2010.43.25%20am.jpg" target="_blank">Click to enlarge</a></p>
<p><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/2017/07/20/Screen%20Shot%202017-07-20%20at%2010.43.25%20am.jpg" alt=""></p>
<p>The capital has a strong track record for "astounding" price growth, with a yearly growth of 15.1%, Domain noted.</p>
<p>Performance paired with an appealing lifestyle, makes it the market to watch over the coming months, it said.</p>
<table style="width: 449px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="113">
<p>Houses</p>
</td>
<td valign="top" width="65">
<p>Jun 2017</p>
</td>
<td valign="top" width="67">
<p>Mar 2017</p>
</td>
<td valign="top" width="65">
<p>Jun 2016</p>
</td>
<td valign="top" width="70">
<p>Quarter-on-quarter</p>
</td>
<td valign="top" width="69">
<p>Year-on-year</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Ballarat</p>
</td>
<td valign="top" width="65">
<p>$348,000</p>
</td>
<td valign="top" width="67">
<p>$325,000</p>
</td>
<td valign="top" width="65">
<p>$310,000</p>
</td>
<td valign="top" width="70">
<p>7.1%</p>
</td>
<td valign="top" width="69">
<p>12.3%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Greater Bendigo</p>
</td>
<td valign="top" width="65">
<p>$350,000</p>
</td>
<td valign="top" width="67">
<p>$349,500</p>
</td>
<td valign="top" width="65">
<p>$338,250</p>
</td>
<td valign="top" width="70">
<p>0.1%</p>
</td>
<td valign="top" width="69">
<p>3.5%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Greater Geelong</p>
</td>
<td valign="top" width="65">
<p>$466,750</p>
</td>
<td valign="top" width="67">
<p>$450,000</p>
</td>
<td valign="top" width="65">
<p>$420,000</p>
</td>
<td valign="top" width="70">
<p>3.7%</p>
</td>
<td valign="top" width="69">
<p>11.1%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Greater Shepparton</p>
</td>
<td valign="top" width="65">
<p>$260,000</p>
</td>
<td valign="top" width="67">
<p>$275,000</p>
</td>
<td valign="top" width="65">
<p>$270,000</p>
</td>
<td valign="top" width="70">
<p>-5.5%</p>
</td>
<td valign="top" width="69">
<p>-3.7%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Mildura</p>
</td>
<td valign="top" width="65">
<p>$265,000</p>
</td>
<td valign="top" width="67">
<p>$273,250</p>
</td>
<td valign="top" width="65">
<p>$265,000</p>
</td>
<td valign="top" width="70">
<p>-3%</p>
</td>
<td valign="top" width="69">
<p>0%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Surf Coast</p>
</td>
<td valign="top" width="65">
<p>$770,000</p>
</td>
<td valign="top" width="67">
<p>$735,000</p>
</td>
<td valign="top" width="65">
<p>$666,000</p>
</td>
<td valign="top" width="70">
<p>4.8%</p>
</td>
<td valign="top" width="69">
<p>15.6%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Warrnambool</p>
</td>
<td valign="top" width="65">
<p>$349,900</p>
</td>
<td valign="top" width="67">
<p>$350,000</p>
</td>
<td valign="top" width="65">
<p>$325,000</p>
</td>
<td valign="top" width="70">
<p>0%</p>
</td>
<td valign="top" width="69">
<p>7.7%</p>
</td>
</tr>
<tr>
<td valign="top" width="113">
<p>Wodonga</p>
</td>
<td valign="top" width="65">
<p>$320,000</p>
</td>
<td valign="top" width="67">
<p>$333,000</p>
</td>
<td valign="top" width="65">
<p>$315,000</p>
</td>
<td valign="top" width="70">
<p>-3.9%</p>
</td>
<td valign="top" width="69">
<p>1.6%</p>
</td>
</tr>
</tbody></table>
</body></html>

Melbourne's 'astounding' property price growth continues

<html><body>
<p>Australia’s cosmopolitan hub continues to boom with price growth increasing yet again this quarter, according to Domain’s latest State of the Market report.</p>
<p>The median house price is now sitting just under $1.2 million, with the unit median almost breaking $760,000.</p>
<p>Sydney’s house price growth is showing signs of ease, with June’s results half of the rates recorded in 2016.</p>
<p><a href="https://www.propertyobserver.com.au/images/2017/07/20/Screen%20Shot%202017-07-20%20at%2010.21.12%20am.jpg" target="_blank">Click to enlarge</a></p>
<p><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/2017/07/20/Screen%20Shot%202017-07-20%20at%2010.21.12%20am.jpg" alt=""></p>
<p>While this may be welcome news for buyers seeking a house, the increasing growth of unit prices indicates it’s a strong seller market.</p>
<p>There is a range of property prices across the vibrant city’s suburbs, but what you can buy in the city comes down to lifestyle and individual needs.</p>
<p>If strong price growth is something you’re looking for, Sydney remains the capital of choice.</p>
<table style="width: 451px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="93">
<p>Houses</p>
</td>
<td valign="top" width="65">
<p>Jun 2017</p>
</td>
<td valign="top" width="67">
<p>Mar 2017</p>
</td>
<td valign="top" width="65">
<p>Jun 2016</p>
</td>
<td valign="top" width="81">
<p>Quarter-on-quarter</p>
</td>
<td valign="top" width="80">
<p>Year-on-year</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Albury</p>
</td>
<td valign="top" width="65">
<p>$299,225</p>
</td>
<td valign="top" width="67">
<p>$330,000</p>
</td>
<td valign="top" width="65">
<p>$312,250</p>
</td>
<td valign="top" width="81">
<p>-9.3%</p>
</td>
<td valign="top" width="80">
<p>-4.2%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Armidale Dumaresq</p>
</td>
<td valign="top" width="65">
<p>$352,500</p>
</td>
<td valign="top" width="67">
<p>$328,000</p>
</td>
<td valign="top" width="65">
<p>$361,250</p>
</td>
<td valign="top" width="81">
<p>7.5%</p>
</td>
<td valign="top" width="80">
<p>-2.4%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Ballina</p>
</td>
<td valign="top" width="65">
<p>$597,500</p>
</td>
<td valign="top" width="67">
<p>$545,000</p>
</td>
<td valign="top" width="65">
<p>$527,000</p>
</td>
<td valign="top" width="81">
<p>9.6%</p>
</td>
<td valign="top" width="80">
<p>13.4%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Bathurst</p>
</td>
<td valign="top" width="65">
<p>$417,000</p>
</td>
<td valign="top" width="67">
<p>$410,000</p>
</td>
<td valign="top" width="65">
<p>$385,000</p>
</td>
<td valign="top" width="81">
<p>1.7%</p>
</td>
<td valign="top" width="80">
<p>8.3%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Byron</p>
</td>
<td valign="top" width="65">
<p>$910,000</p>
</td>
<td valign="top" width="67">
<p>$850,000</p>
</td>
<td valign="top" width="65">
<p>$704,250</p>
</td>
<td valign="top" width="81">
<p>7.1%</p>
</td>
<td valign="top" width="80">
<p>29.2%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Clarence Valley</p>
</td>
<td valign="top" width="65">
<p>$360,000</p>
</td>
<td valign="top" width="67">
<p>$369,000</p>
</td>
<td valign="top" width="65">
<p>$330,000</p>
</td>
<td valign="top" width="81">
<p>-2.4%</p>
</td>
<td valign="top" width="80">
<p>9.1%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Coffs Harbour</p>
</td>
<td valign="top" width="65">
<p>$486,500</p>
</td>
<td valign="top" width="67">
<p>$453,500</p>
</td>
<td valign="top" width="65">
<p>$432,500</p>
</td>
<td valign="top" width="81">
<p>7.3%</p>
</td>
<td valign="top" width="80">
<p>12.5%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Dubbo</p>
</td>
<td valign="top" width="65">
<p>$337,750</p>
</td>
<td valign="top" width="67">
<p>$367,000</p>
</td>
<td valign="top" width="65">
<p>$345,000</p>
</td>
<td valign="top" width="81">
<p>-8%</p>
</td>
<td valign="top" width="80">
<p>-2.1%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Eurobodalla</p>
</td>
<td valign="top" width="65">
<p>$445,000</p>
</td>
<td valign="top" width="67">
<p>$438,000</p>
</td>
<td valign="top" width="65">
<p>$392,250</p>
</td>
<td valign="top" width="81">
<p>1.6%</p>
</td>
<td valign="top" width="80">
<p>13.4%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Great Lakes</p>
</td>
<td valign="top" width="65">
<p>$485,000</p>
</td>
<td valign="top" width="67">
<p>$514,000</p>
</td>
<td valign="top" width="65">
<p>$441,250</p>
</td>
<td valign="top" width="81">
<p>-5.6%</p>
</td>
<td valign="top" width="80">
<p>9.9%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Lismore</p>
</td>
<td valign="top" width="65">
<p>$372,000</p>
</td>
<td valign="top" width="67">
<p>$349,500</p>
</td>
<td valign="top" width="65">
<p>$350,000</p>
</td>
<td valign="top" width="81">
<p>6.4%</p>
</td>
<td valign="top" width="80">
<p>6.3%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Newcastle</p>
</td>
<td valign="top" width="65">
<p>$620,000</p>
</td>
<td valign="top" width="67">
<p>$565,000</p>
</td>
<td valign="top" width="65">
<p>$502,000</p>
</td>
<td valign="top" width="81">
<p>9.7%</p>
</td>
<td valign="top" width="80">
<p>23.5%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Orange</p>
</td>
<td valign="top" width="65">
<p>$370,000</p>
</td>
<td valign="top" width="67">
<p>$345,000</p>
</td>
<td valign="top" width="65">
<p>$331,000</p>
</td>
<td valign="top" width="81">
<p>7.2%</p>
</td>
<td valign="top" width="80">
<p>11.8%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Port Macquarie-Hastings</p>
</td>
<td valign="top" width="65">
<p>$499,000</p>
</td>
<td valign="top" width="67">
<p>$505,500</p>
</td>
<td valign="top" width="65">
<p>$465,000</p>
</td>
<td valign="top" width="81">
<p>-1.3%</p>
</td>
<td valign="top" width="80">
<p>7.3%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Richmond Valley</p>
</td>
<td valign="top" width="65">
<p>$265,500</p>
</td>
<td valign="top" width="67">
<p>$318,000</p>
</td>
<td valign="top" width="65">
<p>$253,500</p>
</td>
<td valign="top" width="81">
<p>-16.5%</p>
</td>
<td valign="top" width="80">
<p>4.7%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Shellharbour</p>
</td>
<td valign="top" width="65">
<p>$645,000</p>
</td>
<td valign="top" width="67">
<p>$605,000</p>
</td>
<td valign="top" width="65">
<p>$550,000</p>
</td>
<td valign="top" width="81">
<p>6.6%</p>
</td>
<td valign="top" width="80">
<p>17.3%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Shoalhaven</p>
</td>
<td valign="top" width="65">
<p>$537,000</p>
</td>
<td valign="top" width="67">
<p>$525,000</p>
</td>
<td valign="top" width="65">
<p>$456,000</p>
</td>
<td valign="top" width="81">
<p>2.3%</p>
</td>
<td valign="top" width="80">
<p>17.8%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Tamworth Regional</p>
</td>
<td valign="top" width="65">
<p>$332,000</p>
</td>
<td valign="top" width="67">
<p>$325,000</p>
</td>
<td valign="top" width="65">
<p>$325,000</p>
</td>
<td valign="top" width="81">
<p>2.2%</p>
</td>
<td valign="top" width="80">
<p>2.2%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Tweed</p>
</td>
<td valign="top" width="65">
<p>$580,000</p>
</td>
<td valign="top" width="67">
<p>$565,000</p>
</td>
<td valign="top" width="65">
<p>$507,500</p>
</td>
<td valign="top" width="81">
<p>2.7%</p>
</td>
<td valign="top" width="80">
<p>14.3%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Wagga Wagga</p>
</td>
<td valign="top" width="65">
<p>$342,000</p>
</td>
<td valign="top" width="67">
<p>$340,000</p>
</td>
<td valign="top" width="65">
<p>$337,250</p>
</td>
<td valign="top" width="81">
<p>0.6%</p>
</td>
<td valign="top" width="80">
<p>1.4%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Wingecarribee</p>
</td>
<td valign="top" width="65">
<p>$800,000</p>
</td>
<td valign="top" width="67">
<p>$780,000</p>
</td>
<td valign="top" width="65">
<p>$675,000</p>
</td>
<td valign="top" width="81">
<p>2.6%</p>
</td>
<td valign="top" width="80">
<p>18.5%</p>
</td>
</tr>
<tr>
<td valign="top" width="93">
<p>Wollongong</p>
</td>
<td valign="top" width="65">
<p>$760,000</p>
</td>
<td valign="top" width="67">
<p>$719,250</p>
</td>
<td valign="top" width="65">
<p>$640,000</p>
</td>
<td valign="top" width="81">
<p>5.7%</p>
</td>
<td valign="top" width="80">
<p>18.8%</p>
</td>
</tr>
</tbody></table>
</body></html>

Sydney's property price growth continues to rise

<html><body>
<p>Perth continues to present opportunities for both buyers and investors, according to Domain's latest State of the Market report.</p>
<p>The median house price has fallen to just under $556,000 this quarter, while unit prices grew to almost $378,000.</p>
<p>The mixed market is prime for first home buyers looking to secure something with ocean views, without breaking the bank.</p>
<p><a href="https://www.propertyobserver.com.au/images/2017/07/20/Screen%20Shot%202017-07-20%20at%2010.07.32%20am.jpg" target="_blank">Click to enlarge</a></p>
<p> <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/2017/07/20/Screen%20Shot%202017-07-20%20at%2010.07.32%20am.jpg" alt=""></p>
<p>With unit prices rebounding, Domain suggested now could be the time to secure an investment property as the increasingly stable market points positively toward long-term gains.</p>
<p> </p>
</body></html>

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