Fifty-nine residences across 37 levels. No more than two per floor. With 80 per cent now sold, what remains at <a href="https://www.apartments.com.au/new-apartments/madeline-by-mosaic-broadbeach-22-mary-avenue-broadbeach-qld-4218">Madeline by Mosaic</a> is a short list.

Madeline was always conceived at a scale that sits outside the normal register of Gold Coast apartment living. The residences are half- and full-floor configurations, with the largest spanning more than 400 sqm, dimensions that place them closer to the penthouse end of the market regardless of where they sit in the building.

That scale is the organising principle of everything else: how the floorplans are laid out, how the materials read, how the connection between inside and outside works.

[smartcode_project:default project_id=150135 project_image_fid=355941]

The interiors were developed in collaboration with <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>, the architecture practice&nbsp;<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic</a> brought in as design partner for the first time on this project. The palette runs to natural stone, textured timbers, and soft metallics, materials chosen as much for their tactile quality as their appearance.

Light cleverly shifts across surfaces through the day, and the design is explicit about wanting that to be noticed. Full-height glazing runs across the primary living areas, and where the building faces east toward the ocean, those walls of glass are doing real work: framing a view corridor that the site's position directly opposite Broadbeach State School's playing fields keeps permanently open.

That outlook is the site's most consequential asset. In a suburb where new towers continue to rise, a protected view line is genuinely rare, and the Mary Avenue address secures it. Residents at Madeline will look out over open parkland rather than the rear of another building, a distinction that becomes more meaningful with each new development approved nearby.

[smartcode_project:default project_id=150135 project_image_fid=355939]

The private outdoor spaces are sized to match the residences themselves. Terraces on the upper levels frame uninterrupted ocean panoramas, and the planning ensures that living areas extend into those outdoor zones rather than treating them as separate attachments. The flow between the two is part of the design intent, not an afterthought.

Inside, the finish specification reflects the same approach. Rich stone benchtops, warm timber joinery, bespoke hardware, each element specified to hold up over time rather than read as a moment in a particular trend cycle.

[smartcode_project:default project_id=150135 project_image_fid=3409]

Beyond the residences, the amenity offering extends that register. A lap pool and sun deck anchor the outdoor space, alongside a magnesium pool, cold plunge, steam room, and sauna.

A commercial-grade gymnasium, residents' lounge, library, and boardroom round out a programme that functions more like a private members club than a standard building amenity floor.

Construction has commenced under Mosaic's in-house building arm, with completion scheduled for late 2028.

[smartcode_project_cta:default project_id=150135]

Joel Robinson

Madeline by Mosaic delivers penthouse-level living across every apartment

Developer Fortezza Group is the latest to take its new apartment development, <a href="https://www.apartments.com.au/new-apartments/the-belvedere-5-7-church-street-nelson-bay-nsw-2315">The Belvedere in Nelson Bay</a>, to the NSW Government.

Fortezza, predominantly a South East Queensland developer, is the latest to apply for State Significant Development&nbsp; status through the NSW Government's Housing Delivery Authority, a pathway becoming favoured by developers to speed up the approval process.

They are planning 57 two- and three-bedroom apartments across 5-7 Church Street and 42 Donald Street, near d'Albora Nelson Bay Marina. The diverse apartment mix has sizes from just over 80 sqm to the largest three-bedroom penthouses that reach nearly 200 sqm.

<img alt="Fortezza" data-entity-type="file" data-entity-uuid="090360e1-66d7-43ad-b686-aba81f173bf2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%2010.22.40%E2%80%AFAM.png?VersionId=DMqF96eBZolqSAAAcugX0l66ueWng66m" />

Fortezza calls the project a "piece of Istria in Nelson Bay,"&nbsp;referring to the largest peninsula in the Adriatic Sea, shared by Croatia (90%), Slovenia, and Italy, which is known for its Roman history, Venetian-style coastal towns and inland hilltop villages.

They say the The Belvedere is strategically positioned at the apex of Nelson Bay, offering unrivalled views of the ocean, the bay and captivating topography of the area.

"Our commitment to maintaining the integrity of every view and sight line has been relentless," Fortezza Group says.

"Through extensive modelling and analysis, we ensure that each apartment enjoys the natural beauty of Nelson Bay, regardless of future developments. Each design element is carefully curated to harmonise with our European heritage, drawing profound inspiration from the Roman architectural marvels in Istria. The arches, the cascades of greenery and the stonework that define our project pay homage to the structures that once exemplified Roman grandeur."

Residents will have access to a pool, communal green spaces, an office and a coffee shop.

First look: Fortezza Group takes The Belvedere, Nelson Bay apartment development, to NSW Government

SEQ developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a>&nbsp;is the latest to jump into the hot Kangaroo Point market, filing plans for a prime site on Lambert Street.

The 52-unit development, predominantly made up of two-bed apartments, will sit on a 1,012 sqm site at 39 Lambert Street, within the&nbsp;Kangaroo Point Peninsula’s Shafston Precinct.

The 15-storey scheme by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>&nbsp;is anchored by a strong focus on mid-sized apartments, with 48 two-bedroom and four three-bedroom dwellings forming the mix. The project includes three basement levels, as well as ground and mezzanine parking, delivering a total of 66 car spaces.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="0df78d49-0723-442f-917e-fe29f4eb02c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2_1.png?VersionId=Ud0OP4FZCGFHLvwFWbaeTcYq8Fc2mtdh" />

Planning documents describe the proposal as “a high-density residential outcome that integrates with its context and encourages urban consolidation and the efficient use of land in a well-serviced, inner-city location.”

The building adopts a slender tower form across 15 levels, including a rooftop communal terrace. Its design is shaped by setbacks and orientation that respond directly to neighbouring buildings, achieving up to 20 metres of separation to the adjacent Point Hotel and between 9 and 17 metres to nearby residential developments.

A key design driver is the integration of subtropical and biophilic elements. The architectural concept, described as an “elevated garden sanctuary,” draws from the natural character of the Kangaroo Point cliffs, incorporating landscaped ledges, deep planting zones, and extensive greenery throughout the façade. Curved balconies and layered planting soften the tower’s vertical form, while the lower levels feature heavier landscaping and screening to create a more human-scaled street interface.

<img alt="First Look: Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point proposal" data-entity-type="file" data-entity-uuid="95bc4974-fcbd-4a9a-9dfb-95b8e1977187" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/4.png?VersionId=o8hwItpcfKBglOaTH8Hv7MmVOphZF_Fg" />

Residents will have access to a rooftop amenity offering spanning approximately 262 sqm, including a pool and spa, gym, lounge areas, and flexible wellness spaces. Landscaping is embedded throughout the building, with over 280 sqm of planted areas integrated across the façade and rooftop.

Kangaroo Point has been popular for developers in recent years. Mosaic Property Group has almost sold out its two Kangaroo Point buildings,&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a> on Prospect Street, and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter Building on Linton Street</a>.

Kenlynn has <a href="https://www.apartments.com.au/new-apartments/130lambert-112-130-lambert-street-kangaroo-point-qld-4169">130Lambert</a>, just up the road from Keylin's proposal, while Pikos has two projects in the area.

Keylin targets Brisbane’s mid-market with 15-storey Kangaroo Point apartment development

"A legacy to last 100 years."

That's the view of Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG), which has just been given the green light to develop its <a href="https://www.apartments.com.au/new-apartments/47-skyring-terrace-newstead-qld-4006">Skyring Terrace, Newstead tower</a> on what is being pitched as "the last true riverfront address at Newstead."

CPG will now begin a VIP release, with buyer enquiries open ahead of priority outreach to registered clients in May.&nbsp;

Access to the as yet unnamed project will be limited, with CPG confirming a staged release strategy targeting a select group of buyers before any broader market launch.&nbsp;

<img alt="DA approved for last true riverfront address in Newstead" data-entity-type="file" data-entity-uuid="f4ab3090-a2b8-46a8-a4f3-4ec16b5b25b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Enscape_2025-09-18-13-10-37.jpg?VersionId=_9OV7Adc_zdCldf58WkP0iiagz3Ed3yd" />

Construction is scheduled to commence in August 2026, with <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> expected to be on site in the coming weeks preparing the sales office.&nbsp;

The approved development comprises 227 apartments across a 25-storey tower with more than 75% having northeast river views. There is also an absolute riverfront six-storey boutique building of only 12 residences which will each enjoy more than 21 metres of river frontage.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the project adopts a contemporary interpretation of Brisbane’s classical architecture, with a focus on enduring materials including brick and stone.&nbsp;

<img alt="DA approved for last true riverfront address in Newstead" data-entity-type="file" data-entity-uuid="bfe7254d-25c3-44bb-9a46-ed658d0aab8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Enscape_2025-11-05-00-57-36.jpg?VersionId=O29la.BVNnSLxL0JVzvEETE8NaYIn3XG" />

CPG Chairman and CEO Don O’Rorke says the approval marks a significant milestone for the group’s $1.5 billion plus riverfront development pipeline including Gloriette at Yeerongpilly.&nbsp;

“This will be a new signature building for the Brisbane skyline and riverfront,” O’Rorke said. “We want this building to be considered one of Brisbane’s best in 100 years.”&nbsp;

CPG Head of Residential James MacGinley says the design prioritises longevity and permanence over short-term trends.&nbsp;

“Woods Bagot’s design will stand the test of time,” MacGinley said.&nbsp;

“First and foremost, these are beautiful homes designed to enjoy river views that will never be built out. However, the heart of this design goes beyond the ‘now’ and draws from the past to create an enduring legacy for the future. We expect these homes to become very tightly held and passed from generation to generation.&nbsp;

The project will form part of CPG’s broader riverfront portfolio, with a fully fitted out sales office opening later this year.

&nbsp;

"A legacy to last 100 years" as Consolidated Properties approved for Newstead tower

Nearly a year after purchasing the former Leo's Fine Food &amp; Wine supermarket in Kew for a reported $52 million, Melbourne developer <a href="https://www.apartments.com.au/developers/orchard-piper">Orchard Piper</a>, in a consortium with billionaire James Packer, has filed development plans for the site.

The proposal includes just under 200 apartments on the 6,835 sqm block, which spans <a href="https://www.apartments.com.au/new-apartments/26-36-princess-street-kew-vic-3101">26-36 Princess Street and 11-15 Brougham Street</a>. Approval is being sought through the Department of Transport and Planning’s (DTP) Development Facilitation Program (DFP).

The buildings, designed by Wardle, will vary in scale and rise up to 18 storeys. One-, two-, three- and four-bedroom apartments will be offered, along with townhouses. Ten per cent of the total dwellings will be allocated to key worker housing.

The development will also include 19 new retail premises, comprising a mix of shops, restaurants and cafés, including a dedicated space for a high-quality produce offering similar to Leo’s.

<img alt="Kew" data-entity-type="file" data-entity-uuid="67cc85a5-a9d8-4eaa-95ae-fd93762d3297" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%208.15.07%E2%80%AFAM.png?VersionId=_p57VJNE2w16xNXB4ISvu3mnVHDDk86R" />

Orchard Piper noted the development is "designed to revitalise the Junction with high-quality housing and retail, while also improving the public realm."

"Assembling an expert team, we've been working with leading architects Wardle and landscape architects Oculus on a site-sensitive design. Wardle is one of Australia's pre-eminent architectural practices, and its founder, John Wardle, is a former long-term Kew resident with an intimate knowledge of the area.

"After close to a year refining the plans, our current opposition embodies Kew's unique character and meets the community's needs, including detailed consideration of the surrounding building design, streetscape conditions and broader planning context."

On top of the extensive retail component, the opportunity to deliver offsite public realm works, involving the council owned land to the south, would include a comprehensive new landscaped laneway strategy that connects Athenaeum Place into the site, a new public park, and the relocation of the public parking currently on the site to the adjoining council land.

<img alt="Kew" data-entity-type="file" data-entity-uuid="02da73ff-e9d9-4e6a-8b6c-75c6f4cb3b01" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-29%20at%208.15.12%E2%80%AFAM.png?VersionId=NXlzip8H0suSqc.X2H6nLKZr6LB1joJ." />

Orchard Piper, led by Luke Mckie and Rick Gronow, is currently delivering The Carter building on St Kilda Road and One Toorak Place in Toorak village.

Kew has been a popular suburb for new development in recent years. The likes of Piccolo, ANGLE, and Carpe are delivering projects in the area.

&nbsp;

&nbsp;

First look: Orchard Piper, James Packer's Kew development revealed

Mid North Coast

Growth in regional cities has impacted Third.i’s first project in Coffs Harbour, with the group selling over 90 per cent of the residences within weeks on the market.&nbsp;

The $35.5 million project, Sable at the Jetty, was met with a swathe of buyers searching for a sea-change, with only a handful of apartments still available, priced from $650,000 through to $2.35 million.

Early works are expected to commence this year, with the project due for completion by the second quarter of 2024.

Located on the corner of Collingwood and Edgar Street, Sable at the Jetty will deliver a collection of one, two and three-bedroom apartments upon completion.&nbsp;

&nbsp;

<a data-entity-type="file" data-entity-uuid="1549cd62-1659-4d4c-8b20-f2e289983cac" href="/new-apartments/sable-at-the-jetty-coffs-harbour-45-47-collingwood-street-coffs-harbour"><img alt="Sable at the Jetty" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_09A2_Hero_Exterior_FINAL.jpg?VersionId=go.da7hCVVo88oEWqNyICPF46zlSh7Dw" /></a>Render of the Coffs Harbour project, Sable at the Jetty

Combining high-end finishes with state-of-the-art appliances, the project will tap into the mid north coast’s beauty, with a number of lush communal spaces planned, including a landscaped courtyard for the use of all residents.&nbsp;

Sable at the Jetty is within walking distance from the beach, local schools, cafes and shops, and also offers numerous transport links on the doorstep of the site.&nbsp;

Sable at the Jetty joins a growing list of developments in Third.i's portfolio across Australia’s eastern seaboard, including Dairy Farmers Towers in Newcastle, Balfour Place in Lindfield, the Warada on Walker commercial precinct in the North Sydney CBD and the Merewether Residences in Newcastle.

Co-Founder Luke Berry said drawing on the fact their debut project has been met with a swarm of interest, regional cities are seeing a steady increase in growth, with Third.i joining the drive behind the growth.&nbsp;

<a data-entity-type="file" data-entity-uuid="2f7cf1ef-293f-4e72-9007-528bf36b25cf" href="/new-apartments/sable-at-the-jetty-coffs-harbour-45-47-collingwood-street-coffs-harbour"><img alt="Sable at the Jetty" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_08D_Apt501_Bedroom%20FINAL_Oct22.jpg?VersionId=Mf5EmDC3kTvrW.Zsk8wpol2RHq14otGV" /></a>Render inside the Coffs Harbour project, Sable at the Jetty

“We’re delivering a much-needed transformation to other cities including Newcastle, but we’ve now set our sights on Coffs Harbour after recognising the growth potential of the area and how we can invest in the market,” Berry said.

“While real estate activity has slowed across much of the country this year, it’s been great to see regional cities, including Coffs Harbour, defy this downturn and we’re excited to see what further opportunities may exist in the region.”

“The northern New South Wales coastline, particularly around the Coffs Coast, is an underrated gem and is the perfect escape for those who want a peaceful and more relaxed lifestyle.”&nbsp;

[smartcode_project_cta:default project_id=135621]

Sable at the Jetty joins a growing list of developments in Third.i's portfolio across Australia’s eastern seaboard, including Dairy Farmers Towers in Newcastle, Balfour Place in Lindfield, the Warada on Walker commercial precinct in the North Sydney CBD and the Merewether Residences in Newcastle.



alisonwarters@gmail.com

Third.i’s debut Coffs Harbour residences, Sable at the Jetty hit 90 per cent sold

Third.i has quickly secured 80 per cent of sales at its $35.5 million Sable at the Jetty project in Coffs Harbour.

The development approved project will deliver a collection of one, two and three-bedroom apartments starting from $650,000 and rising to $2.35 million.

Early works expected to commence this year, with completion slated for mid 2024.&nbsp;

<img alt="Render inside one of the Sable at the Jetty residences." data-entity-type="file" data-entity-uuid="50af8709-1128-4b99-b5ce-a03281dea165" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_03B_Apt504_Living%20FINAL2_0.jpg?VersionId=3hxj0M7y1mUHkWGVBwJ0ituKvJvNkuzK" />Render inside one of the Sable at the Jetty residences.

Third.i Co-Founder Luke Berry said Third.i’s debut Coffs Harbour project is helping to fill a gap in the market for quality coastal homes and the demand isn’t showing signs of slowing down.

“Sable at the Jetty is our first project here at Coffs Harbour, so we’ve ensured it exceeds expectations and lives up to the legacy I know it will leave for the region. Encouragingly, sales results at our launch event last week show us we’ve done exactly that,” Berry said.

“It’s all about elevating our buyer’s lifestyle, with premium apartments and different layouts and configurations to suit each and every one of our potential buyers.

“The interest received prior to launch has shown demand for this type of product isn’t slowing anytime soon, and we can’t wait to kickstart construction and bring this project to life,” Berry added.&nbsp;

<img alt="Render inside one of the Sable at the Jetty residences." data-entity-type="file" data-entity-uuid="8af85df8-ca81-4edb-b510-1b5eb8e74101" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_06B2_Apt502_Living%20FINAL2_0.jpg?VersionId=zRnRRznoo0Y.BBv.6qkw4Ou7RNIiyzjr" />Render inside one of the Sable at the Jetty residences.

Designed by Third.i team Design Manager Luke Mahaffey, Sable at the Jetty draws inspiration from the surrounding coastal context, incorporating colours and textures reminiscent of the nearby ocean and sand, as well as the local flora and fauna.&nbsp;

Located on the corner of Collingwood and Edgar Streets, the site is within walking distance to the beach, along with a number of local schools, cafes and shops. Numerous transport links will also be on offer from the steps of Sable.&nbsp;

“The Jetty is an icon for the city and has come to symbolise the next major chapter of the city’s economic growth. Whether you’re looking for somewhere to raise a family, or downsizing to simplify your life, these apartments are sure to be a great investment,” Berry said.

<img alt="Render of the landscaped communal space in Sable at the Jetty" data-entity-type="file" data-entity-uuid="ecf23ce9-518e-4963-858c-086b173645ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CollingwoodEdgar_View_10C_Communal_Space%20FINAL.jpg?VersionId=uspMnj_3QnMGeU8AUXbAUmG6n2u22RCr" />Render of the landscaped communal space in Sable at the Jetty

&nbsp;

“With the convenience of the city centre close by, yet outside of the hustle and bustle, Sable is perfectly located for convenience and peace of mind. A range of gyms, shops, cafes and restaurants, as well as transport options are all within walking distance.”

The latest offering from Third.i joins a growing list of developments across Australia’s eastern seaboard, including Dairy Farmers Towers and Merewether Residences in Newcastle, as well as Balfour Place in Lindfield.

Luke Berry said Third.i’s debut Coffs Harbour project is helping to fill a gap in the market for quality coastal homes and the demand isn’t showing signs of slowing down.

Thirdi.i’s Sable at the Jetty splashes onto the market selling over 80 per cent of residences in three days

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The Mid North Coast continues to ride out the COVID-19 pandemic well from both a residential property and a health perspective, according to the July Herron Todd White (HTW) residential report. 
The valuation firm took a look at how a budget of $700,000 could be invested in property markets across the nation. 
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"From a property standpoint, median price levels have remained steady over the past few months while stock levels are down dramatically," the valuation firm said. 
The reduction in stock levels is mainly due to potential vendors holding off listing until full confidence returns to the market.
Agents advise that appraisal numbers are high but are not yet flowing through to listings.
"The reduction in listings has meant that there are fewer properties for potential purchasers to choose from which we believe is one reason prices have held steady over this period. We anticipate that listing numbers will grow over the next few months as confidence returns and more investors re-enter the market.
"Some investors have been staying out of the market due to a lack of confidence and owner- occupiers are the mainstay at the moment, but with current interest rates so attractive, we believe investors will return as confidence returns," the valuation firm said. 
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"On the rental side we have seen a dramatic reduction in listings over the past few weeks as restrictions relax and interstate travel returns and many investors return their properties to short term accommodation stock, rather than retain them as longer term rentals," the valuation firm said. 
This will see vacancy rates returning to more normal long term levels after steep increases during the lockdown period as the reverse was happening, the report noted. 
"We believe that the market along the Mid North Coast should recover well after this COVID-19 induced slow down and perform well in the back half of this year as more city dwellers see the appeal of our beautiful slice of paradise." 
A four bedroom house in Port Macquarie has recently been sold for $625,000.
The family house at <a href="https://www.realestate.com.au/sold/property-house-nsw-port+macquarie-133749262" target="_blank">37 Kingston Town Loop</a> (pictured below) offers gourmet kitchen, media room, open plan living and dining and alfresco entertaining. 
Set on a 602sqm of block, the home also comes with double garage, raised garden beds and fruit trees. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/3/port%20mq%201.jpg" alt="">
A current listing is a new two bedroom home in Bonny Hills priced at $319,000.
The <a href="https://www.realestate.com.au/property-house-nsw-bonny+hills-134112314" target="_blank">29/90 Seafront Circuit</a> home (pictured below) comprises open plan living, modern kitchen, and two carpeted bedrooms. 
It is situated in just 200m from Rainbow Beach and a short walk to Bonny Hills Centre. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/3/bonny%20hills%20.jpg" alt="">
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j.ballantyne1990-6AQqhLzZaK

Median price levels remain steady in NSW Mid North Coast: HTW residential  

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The strongest locations on the NSW mid north coast for residential markets are generally the larger regional towns including Port Macquarie, Wauchope, Forster and Tuncurry, according to Herron Todd White’s latest report.
The property valuation firm says that pockets within the Port Macquarie region include established coastal areas as well as coastal villages immediately south such as Lake Cathie and Bonny Hills.
These areas are a mixture of older homes that have been either renovated or not and new homes either constructed or under construction (especially in the southern villages).
All of these areas are within close proximity of the beaches and local services.
HTW states investors can expect three bedroom homes to cost half a million dollars.
“Entry points for houses within these areas range from $500,000 for a standard 3-bedroom home to $750,000 for something that may have ocean or golf course views or is above average.
A three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-port+macquarie-125197590" target="_blank">18 Newmarket Grove</a>, Port Macquarie (above) has been listed for $498,500.
Similarly a three bedroom house at <a href="https://www.realestate.com.au/property-house-nsw-forster-125126470" target="_blank">5 Carawa Street</a>, Forster (below) has been listed for $510,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/20/5%20Carawa%20Street.jpg" alt="">
This is well above prices in 2014 when the entry point would have been in the low $400,000 range.
Land sales within the new residential subdivisions on the outer fringes of Port Macquarie at Sovereign Hills and surrounding areas are being sold quickly with demand outstripping construction at present.
With the current fast paced rate of sale and no further large scale residential developments for release in the immediate future, land and house prices are expected to continue to increase.
This domino effect will also fuel demand and most likely increase land prices in other subdivisions in other regional towns as people look to these areas for more reasonable pricing,” the report advised.
HTW notes that unit sales are increasing, perhaps to allow investors or first home owners an opportunity to enter the market.
“The most keenly sought after properties are family friendly dwellings, either houses or large villas, either renovated or un-renovated in areas throughout the mid north coast.
However as house property prices increase we have noticed an increase in unit sales, allowing the investor or first home owner the opportunity of entering the market at the lower end,” the report stated.
HTW says that lack of stocks and low interest rates are the primary drivers of the market.
“Strong demand, lack of available stock for sale and low interest rates appear to be the major drivers of the local real estate market and are causing rising housing prices throughout most of the mid north coast,” the report stated.
Is it sustainable asks HTW.
“That is the key question at present.
As banks increase interest rates for investment property loans we may see a slight slowing in this sector.
However it is likely that owner-occupiers will take up any slack in demand, thus keeping the market moving.
Barring any major downturn in the overall economy, the continuing rising demand and increasing prices should allow the mid north coast market to remain strong over the coming months,” the report stated.
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North Coast residential market driven by low interest rates and lack of stock: HTW

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The NSW mid north coast has a balanced industrial market, according to a recent Herron Todd White (HTW) report.
The property valuation firm says that there is a steady rental vacancy trend along with a stable rental rate trend.
<a href="https://www.propertyobserver.com.au/images/2017/02/10/Screen%20Shot%202017-02-10%20at%202.43.42%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/2017/02/10/Screen%20Shot%202017-02-10%20at%202.43.42%20pm.jpg" alt="">
There is a steady volume of property sales with the region's market starting to recover.
The local economic situation is currently flat with a small value difference between quality properties with national tenants and comparable properties with local tenants, HTW says.
A 54 hectare industrial warehouse, the Lansdowne Estate, at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-nsw-kundle+kundle-502326190" target="_blank">21/586 Lansdowne Road</a>, Kundle Kundle, (above) has been listed for sale.
Similarly a 3895 square metre industrial complex at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-nsw-coffs+harbour-502294878" target="_blank">22-24 Marcia Street and 15 June Street</a>, Coffs Harbour (below) has been listed for sale.
<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/2017/03/21/22-24%20Marcia%20St%20%2015%20June%20St.jpg" alt="">
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Balanced industrial market in NSW's mid north coast: HTW

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The mid-north coast of NSW is seeing an increase in dual occupancy style developments, according to Herron Todd White’s (HTW) latest market report.
The property advisory firm states that they have noticed a recent significant increase in dual occupancy style developments.
Its become very popular with the small investor predominantly in the new and developing residential areas, particularly within Port Macquarie around the new University and Base Hospital, the report stated.
Investors are generally purchasing off the plan within these new subdivisions and constructing a variety of styles of development.
These range from two attached villa style properties, two attached townhouse style properties or a single dwelling with attached (or detached) granny flat.
These developments are permitted by most councils as part of the original development application.
The price range for this style of development is from about $550,000 to $750,000 depending on the style, size and quality of the construction.
The initial outlay and good rental returns resulting in a good yield are the major benefits of this type of development.
Other fringe benefits include lower stamp duty and higher tax depreciation offsets compared to, for example, buying two older investment properties.
"Another positive feature of these types of properties are that most are able to be strata titled in the future if required," the report said.
"This provides the developer flexibility with their investment, allowing them to sell off one and reduce the mortgage and enjoy the return from the other or sell both off generally for a healthy profit."
The HTW report noted another small project that is becoming more popular with the mum and dad developer is the purchase of an existing dwelling on a larger than average lot within the major towns in the region, and then adding a granny flat (under 60 square metres) to the rear.
"This has the great appeal of a significant return on investment for the flat, with the starting price for flat construction from $100,000 and likely rental in excess of $250 per week," the report stated.
"When this rental is combined with the rental on the original dwelling it can make for a great yielding and generally positively geared investment property.
"We have also noticed an increase in small to medium villa and townhouse developments (four to 10 plus units) and consider that these are best left to developers with experience in these types of developments and not novices, because if these products are not tailored to the specific market or the sales rates are not as expected, there can be expensive holding costs that can erode profits and cause financial pressure on those without extensive cash reserves to call on."
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