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

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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

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

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

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

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

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

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

Mackay

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Mackay's housing market has had its second-largest annual housing median price fall, according to the REIQ'S Queensland Monitor Market's latest report.
Mackay reported the second-largest fall in the state’s annual median price, falling 8.7 percent from $345,000 in March 2016 to $315,000 this quarter.
Over five years the fall has been 24.6 percent, from $418,000 in 2012.
Sales volumes increased from 256 over the September quarter to 311 over the December quarter.
Listings have also increased, up by 40.5 percent, effectively preventing rising demand from putting upward pressure on prices.
Listings bumped up from 2372 listings in February 2016 to 3332 listings in February 2017.
The increasing number of listings has eliminated the benefits from the increasing demand of housing.
In contrast to other areas in regional Queensland, median days on market and median vendor discounting improved for the 12 months to February 2017.
<a href="https://www.propertyobserver.com.au/images/2017/06/20/Screen%20Shot%202017-06-20%20at%201.20.24%20pm.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/2017/06/20/Screen%20Shot%202017-06-20%20at%201.20.24%20pm.jpg" alt="">
Median days on market reduced from 81 days in February 2016 to 69 days on February 2017, and, median vendor discounting reduced from 10.7 per cent to 9.8 per cent for the 12 months to February 2017.
This is a clear indication that demand is increasing and vendors are having more realistic price expectations.
For a fourth consecutive quarter, the median sale price for units followed a downward trend triggering a reduction in the annual median sale price of 14.6 per cent, from $266,500 in March 2016 to $217,500 for March 2017.
This compared with the median sale price of $325,000 five years ago in March 2012.
The most active price range for units is for transactions below $250,000.
The volume of transactions in Mackay has increased by 75.8 per cent from 33 sales in September to 58 sales in December.
The size of the unit market remains very small, which adds a level of complexity and challenges to a market where the number of listings increased by 57.5 per cent for the 12 months to February 2017.
<a href="https://www.propertyobserver.com.au/images/2017/06/20/Screen%20Shot%202017-06-20%20at%201.20.32%20pm.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/2017/06/20/Screen%20Shot%202017-06-20%20at%201.20.32%20pm.jpg" alt="">
The market trend indicators to February 2017 position Mackay as the region with the longest median days on market (133 days or more than four months) and the highest vendor discounting (13.9 per cent).
The rental market in Mackay is weak, although the vacancy rate tightened from 7.9 per cent to 6.4 per cent in March.
Local agents indicated that vacant properties usually receive only one rental application and tenants have their choice of available properties.
The weekly median rent over the March quarter held steady or increased for three-bedroom houses, three-bedroom townhouses and two-bedroom units.
This was just the reflection of a stronger rental demand over the first quarter of the year.
<a href="https://www.propertyobserver.com.au/images/2017/06/22/Screen%20Shot%202017-06-22%20at%2012.58.42%20PM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/22/Screen%20Shot%202017-06-22%20at%2012.58.42%20PM.png" alt="">
When assessing the 12-month trend for weekly median rents, three-bedroom houses and three-bedroom townhouses have followed a downward trend while two-bedroom units remained steady.
<a href="https://www.propertyobserver.com.au/images/2017/06/22/Screen%20Shot%202017-06-22%20at%2012.57.26%20PM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/22/Screen%20Shot%202017-06-22%20at%2012.57.26%20PM.png" alt="">
This demonstrates the long- term challenges experienced by the rental market in Mackay.
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j.ballantyne1990-6AQqhLzZaK

Mackay's housing median price sees second-largest annual fall

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While there is good news on the horizon with Mackay being named a FIFO base for the Adani mine, the market is still finding its footing, according to REIQ's latest report.
The quarterly median house price of $318,000 is just 0.2% lower than the September quarter.
However, this market remains 20% lower than five years ago when the median house price was $411,000.
The unit market is small, as it is in almost every regional Queensland town.
The quarterly median unit price of $200,000 (off 32 transactions) is 6.3% lower than the September quarter.
The market is 18.2% lower than 12 months ago and 29.9% lower than five years ago, when the median unit price was $321,000.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-qld-mackay-124545162" target="_blank">5 Grant Street</a>, Mackay (above) has been listed for $320,000.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-qld-mackay-124738302" target="_blank">3 Hamlet Street</a>, Mackay (below) has been listed for $325,000.
<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/2017/03/16/3%20Hamlet%20Street.jpg" alt="">
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Mackay housing market remains 20% lower than five years ago: REIQ

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There are signs the worst may be behind the Mackay residential market with indications prices may be stabilising, according to HTW’s February 2017 update.
The valuation firm says there was an increase in sales volumes throughout the back end of 2016, rental vacancies fell throughout the year and a general sense of optimism returned to the Mackay economy.
Prices for metallurgical coal rose in late 2016, the mining sector started to show signs of strengthening and Adani’s Carmichael Coal project is getting closer to construction.
Other infrastructure projects in and around Mackay include the Mackay Ring Road Project, Eton Range Bypass and Vines Creek Bridge with construction commencing this year.
Other small projects include a new fire station in Mackay city and upgrades to the Mackay showgrounds.
HTW says all of these and other smaller projects will increase employment opportunities and benefit the entire Mackay economy.
However, the firm cautions that the Mackay residential market isn’t expected to show any real signs of improvement in terms of value in the first half of 2017.
“We think there will be a consolidation of values during this time and that sales volumes will continue to be strong in early 2017,” the report says.
“The key to any movement in values will be buyer sentiment.
“There has been negative buyer sentiment in Mackay over the past few years.
“We have seen this sentiment start to change during the last half of 2016, leading to higher sales volumes across the residential market, albeit at value levels not seen in Mackay in over 10 years.
“This is seen as a possible predictor that the market has reached the bottom.”
A three bedroom house at <a href="https://www.realestate.com.au/property-house-qld-mackay-124597310" target="_blank">18 Keats Street</a>, Mackay (above) has been listed for over $249,000.
Similarly a two bedroom unit at <a href="https://www.realestate.com.au/property-house-qld-mackay-124472694" target="_blank">6/331 Shakespeare Street</a>, Mackay (below) has been listed for $149,000.
<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/2017/02/20/6_331%20Shakespeare%20Street.jpg" alt="">
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jonathanchancellor-7SQnKwU6yx

Hints of optimism for Mackay residential property market: HTW

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The Mackay residential market currently is considered a buyer’s market, with the best purchasing conditions seen in over a decade, according to Herron Todd White’s latest monthly market report.
The property advisory firm says that the story of the Mackay market really is a glass half full versus glass half empty scenario.
"On the glass half empty side, we have seen values of residential properties fall 30% and higher in some areas on the back of the downturn in the resource sector, which Mackay is heavily reliant on," the report noted.
Rental vacancies have ballooned from below 1% to the current 7.7 percent which is actually down on the high of over 9 percent. Rental values have almost halved from the peak conditions in 2012.
"On the glass half full side, we now have buying and renting conditions not seen since the early 2000s.
"This is becoming noticeable in the current market, with increased sales volumes (albeit at low prices comparatively speaking).
"The price point that appears to have most volume is the sub $300,000 and in particular the low $200,000 properties."
One example would be a three bedroom home at <a href="https://www.realestate.com.au/property-house-qld-mackay-122255734" target="_blank">12 Boddington Street</a> (above) that is for sale for $249,900.
For this price you can get an average quality high set dwelling in the established suburbs north of the river, or an older style Queenslander in average condition south of the river.
Previously, Mackay was seen as a mining town being unaffordable and too expensive to live for people not associated with the mining industry.
Couple these house prices with historic low interest rates and Mackay is now seen as a very affordable alternative to other coastal centres in Queensland.
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Best purchasing conditions in Mackay, but rental values are halved: HTW

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The 479-berth Mackay Marina is on the market. The marina - twice winner of the MIA's Marina of the Year award – plus the adjacent waterfront commercial village and shipyard is being sold by Brisbane-based developer, Port Binnli Group.
It established the facility in stages during the early 2000s.
The sale is being handled by Resort Brokers Australia agent Trudy Crooks, according to the marinebusiness.com.au website.
Located midway between Brisbane and Cairns, the Mackay Marina and adjacent properties cover almost 25 hectares, including the 20.8-hectare marina basin on a 99-year seabed lease (expiry 2098), along with freehold land covering four hectares.
Port Binnli Group, headed by directors Malcolm Hall-Brown, Peter Hooke and Neil Morris, recently sold Raby Bay Marina on Brisbane’s bayside.
The company is now focused on a $1 billion master-planned community on Brisbane’s north side, incorporating the Northeast Business Park and 1,500-lot North Harbour residential and marina precinct, in partnership with the construction giant Laing O’Rourke.
Expressions of interest for Mackay Marina close November 11 with around $38 million tipped.
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jchancellor-FAypfDUnLy

Port Binnli Group's 479-berth Mackay Marina listed 

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St Bees Island, located 37km offshore to the northeast of Mackay, has been listed by LJ Hooker Commercial Brisbane agent Keir Kreis.
It has 4.2ha of sandy beaches and lush rainforest.
The leasehold property has a 25-year lease expiring 2034.
It has been used by a Gold Coast family as their private home over the past two years.
The rental under the terms of the lease is $5,500 per annum.
The leasehold property at Island Road, St Bees Island is situated to the east of Keswick Island within the Cumberland Islands Group. Surrounded by beautiful fringing reefs alive with marine life, St Bees Island consists of sandy beaches lapping with crystal clear water, rainforests, eucalypt woodlands, dense grasslands and eleven hundred hectares of untouched national park with wild fauna and flora and a diverse wild life. The property access to the island is via sea transfer from Mackay.
Private planes can land at nearby Keswick Island or alternatively the property can be accessed directly by helicopter from Mackay. 
Reliable mobile phone and internet coverage are available on the island.
The vendors are also prepared to include a barge and pleasure craft in the sale of the property, subject to negotiation.
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St Bees Island for sale

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To figure out how far the ‘lazy half-million’ can get you in the residential property market, valuation firm Herron Todd White liberally compares their readings from a year back in their July residential market report on housing for under $500,000.
“Last year we stated that you would get a lot more bang for your buck than the year before and 12 months later you can now get even more! If you are a glass half empty type, then the Mackay market has seen significant falls in value on the back of the mining downturn in the Bowen Basin. Values across the board are down 15% and fast approaching 20%," write HTW in their July 2016 residential market report.
“However, if you are a glass half full type, then the current market presents some of the best buying opportunities seen in Mackay in almost ten years. The big question is has the market hit bottom? Unfortunately that is a bit tricky to establish at present and only time will tell," it adds.
“Unfortunately, the verdict 12 months on is that we have not hit the bottom, with values falling further in the past 12 months. So the lazy half million will get you even more bang for your buck than seen in almost 12 years.” 
For $500,000, one can get a large executive-style rendered dwelling around 10 years old or younger with shed and pool in the northern beaches, with some change still in the back pocket, say HTW.
“In the better quality estates in the north, you can now get good quality brand new dwellings from most of the builders in Mackay for under the $500,000 mark.” 
In the traditional older suburbs south of Mackay, there have been very limited sales of older style Queenslanders over the $500,000 mark. It is considered that you can get a fully renovated large Queenslander for this price point now. 
Again this statement from last year still holds true today. “The big question is has the market hit bottom? Unfortunately that is a bit tricky to establish at present and only time will tell.” 
Property Observer found a three-bedroom apartment with ocean views at <a href="https://www.realestate.com.au/property-unit-qld-mackay-121417258">26/4 Nelson Street, Mackay, Qld 4740</a> (above) that recently exchanged hands for $420,000.
<div class="propertyStats"> </div>
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Developments

New apartments

New townhouses

News