Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

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

Joel Robinson

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

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

Sherpa sells out Flourish Oasis in booming Palm Beach

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

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

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

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

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

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

Prestige Market

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Whilst other market segments in Toowoomba have been soft in recent times, the prestige sector has been performing strongly, particularly in East Toowoomba, according to the latest Herron Todd White (HTW) residential report. 
The report notes the prestige market for $1 million-plus properties continues to show signs of strong interest and sales results, but is limited in supply.
An analysis of all house sales recorded in the Toowoomba Regional Council area during 2018 reveals only 7.5% made the $1 million plus price point.
"Prestige units exceeding $500,000 are also proving more desirable than previously, with retirees showing a preference for lower maintenance properties in prestige locations," the valuation firm said. 
The report notes suburbs encompassing the prestige sector include Middle Ridge, Rangeville, Redwood, Prince Henry Heights, Mount Lofty and the stand out performer, East Toowoomba.
These suburbs are located on the eastern escarpment of Toowoomba, enjoying large lots and valley views as well as being within many of Toowoomba’s private school catchment areas.
"The typical prestige property comprises open plan, four-plus bedrooms, two to three bathrooms and multiple floor levels on large lots.
"They are generally large, extensively renovated or extended older timber and brick dwellings and modern architectural homes with detailed finishes, quality landscaping and some with escarpment views," the valuation firm added. 
Below are some examples of the higher priced sales in the region in 2019, the HTW report noted. 
The property at <a href="https://www.realestate.com.au/sold/property-house-qld-east+toowoomba-129307970" target="_blank">3 Arthur Street, East Toowoomba </a>(pictured above) sold for $2.35 million in February.
Situated on a 3,338 square metre block, the property comprises Six bedroom, three bathroom, and four-car garage.
It features a tennis court, swimming pool, granny flat and multiple living areas.
<img src="https://www.urban.com.au/images/2019/11/27/15%20kara%20view%20court.jpeg" alt="">
The property at 15-17 Kara View Court, Rangeville (pictured above) sold for $2.025 million in March.
The dwelling is situated on a 4,000 square metre lot facing north with valley views.
It comprises four bedrooms, two bathrooms and a two-car garage.
Other features include a tennis court, swimming pool and multiple living areas.
<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/2019/11/27/14%2016%20cottesloe%20st.jpg" alt="">
This unit at<a href="https://www.realestate.com.au/sold/property-unit-qld-east+toowoomba-130677022" target="_blank"> 23/14-16 Cottesloe Street, East Toowoomba</a> (pictured above) is situated on the tenth floor of Cottesloe Crest with a north to east aspect and extensive rangeside views.
The unit comprises four bedrooms, two bathrooms and two basement car parks with approximately 178 square metres of living area and 29 square metres of outdoor area.
The unit sold for $900,000 in March 2019.
There are a handful of current listings above $1 million in the Toowoomba region. The higher priced properties are listed below:
<ul>
<li>
56 Spring Street, Middle Ridge- $1.99 million asking price.
</li>
<li>
10 Golf Course Drive, Middle Ridge- $2.25 million asking price.
</li>
<li>
12 Mayes Street, East Toowoomba– Interest from $2.75 million (under offer).
</li>
</ul>
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j.ballantyne1990-6AQqhLzZaK

Toowoomba prestige market performing strongly: HTW residential 

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The Rockhampton region has been spoilt for choice with a number of quality homes selling throughout the year, according to the latest Herron Todd White (HTW) residential report. 
"This isn’t always the case for our local markets so it has been a very exciting year!" the valuation firm said. 
"Rockhampton itself has seen our long-standing price ceiling of $1.5 million smashed this year with the sale of <a href="https://www.realestate.com.au/sold/property-house-qld-the+range-130497642" target="_blank">50 Agnes Street, The Range</a> (pictured above)."
This property was set to go to auction back in March however sold prior to, with a number of serious offers received prior to the day.
The eventual sale price was just shy of $1.8 million.
This property is positioned on the top of The Range, a highly desirable residential locality among families and investors alike.
It is a modern home of grand proportions with top quality fitout, on a larger than average 2,462 square metre well landscaped allotment with pool, pool house and tennis court just some of the stand out features.
"The Capricorn Coast has also had some premium sales throughout the year, albeit less volume than 2018," the valuation firm said. 
A rural residential property on two hectares with elevation high above Mulambin Beach is currently under contract for well in excess of $1 million.
This property attracted multiple offers over a relatively short marketing period, highlighting that there is still demand for well- established property with quality views at the upper price points.
"To a lesser extent, our rural residential markets also provided some interesting sales throughout the year with a current contract of a modern home on an acre allotment on the northern fringe of Rockhampton reaching $900,000," the valuation firm said. 
This property has a generously proportioned modern home with pool and large shed.
"Regionally, there is typically very little by way of premium rental properties or units with most executive rentals topping out at around $550 to $600 per week," the valuation firm continued. 
<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/2019/11/27/27%20island%20view%20crescent.jpg" alt="">
"If one were chasing a sea change, <a href="https://www.realestate.com.au/property-house-qld-barlows+hill-130681486" target="_blank">27 Island View Crescent at Barlows Hill</a> (pictured above) has on offer, for $1.95 million, an architect designed, multi-level home of a reported 1,000 square metres of living area!" 
Expansive ocean views are on offer, together with six bedrooms, opulent master suite, soundproof media room, C-Bus lighting system, wet edge pool, library and dumbwaiter.
"North Rockhampton has a select few areas which spark the curiosity of the marketplace," the valuation firm stated. 
<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/2019/11/27/29%20murlay%20avenue.jpg" alt="">
<a href="https://www.realestate.com.au/property-house-qld-frenchville-131985306" target="_blank">29 Murlay Avenue</a> (pictured above) has recently been listed for sale at $985,000. Once again, this is a spacious, multi- level home, with the main feature here being the quality views back over the city of Rockhampton and the Fitzroy River.
"The property has a unique appeal to the entertainers out there," the valuation firm commented. 
Back over to The Range and just over the road from the record-breaking sale at 50 Agnes Street, number 51 Agnes Street is a listing to watch.
Having recently undergone a complete transformation after being purchased for $460,000 just over 12 months ago, it is now offered to the market at $945,000 with high quality fitout and immaculate presentation and styling.
"One of our more unique listings of late has been a seven hectare absolute river front property on the fringe of suburban North Rockhampton at 352 Lakes Creek Road, Koongal.
"The property is unique not only for its river frontage, but also due to its combination of improvements including a residence, a set of four flats, stables and large shed." 
This one of a kind property was taken to auction in May, before being priced to sell at $1.25 million.
The site is partly flood affected and has been zoned Waterfront and Marine Industry.
"This property has no recent sales history and is without comparison, so it will be an interesting property to analyse once sold." 
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Rockhampton sees a number of quality home sales: HTW residential 

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The past year has been a relatively quiet one for high priced properties in a region that has its fair share of prestige properties given the extensive coastlines and magnificent ocean views, according to the latest Herron Todd White (HTW) residential report. 
The report notes the region in the past five years regularly achieved residential sales upwards of $3 million, however 2019 has been a quiet one.
"It’s probably a good indicator of the subdued state of the top end of the market that there have been so few sales," the valuation firm said. 
A couple of sales which were notable in the past 12 months are:
The report at 2/28 Ella Gladstone Drive, Eagle Bay (pictured below) was sold for $2.8 million in June. 
<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/2019/11/27/28%20ella%20galdstone%20drive.jpg" alt="">
This is a circa 2011, two storey, four bedroom, two bathroom, architect designed dwelling which has been finished to a very high standard and includes quality fitout and a below ground pool.
The property is located at the end of a cul-de-sac on a 916 square metre elevated site and has very good ocean views.
"Eagle Bay is a salubrious locality and comprises many high quality homes many of which have views of the ocean and bay. This property ticks all the right boxes," the valuation firm commented. 
The property at <a href="https://www.realestate.com.au/sold/property-house-wa-naturaliste-130138482" target="_blank">15 Duckworth Place, Naturaliste </a>(pictured below) was sold for $2.3 million in January. 
<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/2019/11/27/15%20duckworth%20place.jpg" alt="">
This property comprises a circa 2000, single level, four bedroom, two bathroom, architect designed dwelling with rammed earth and timber walls.
The property has many features including a 14 metre high ceiling and has been finished to a very high standard with a top quality fitout.
It is located on Mount Duckworth which is situated between Dunsborough and Yallingup on a moderately sloping elevated rural residential lot which has a land area of 4.3 hectares.
The elevated location of the house gives it excellent panoramic views of the coastal plain and distant ocean views of Geographe Bay.
Listings
In terms of listings, it would be hard to go past the property at <a href="https://www.realestate.com.au/property-house-wa-eagle+bay-132010658" target="_blank">7 Picquet Close, Eagle Bay</a> (pictured below).
<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/2019/11/27/7%20picquet%20close.jpg" alt="">
It is a 2003 built two-storey limestone dwelling with three bedrooms and two bathrooms and is situated on a 2,243 square metre elevated site and has absolute beach front to Eagle Bay.
"The very private house has been finished to a high standard however it is the fact that is has ocean views from almost every window and that you could stand on the back deck and almost reach out and touch the whales as they pass by that makes this property stand out.
"Be prepared to put your hand in your pocket though - it doesn’t currently have an asking price and is asking for offers," the valuation firm said.
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A quiet year for South West WA prestige market: HTW residential 

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The top end of the market in the Illawarra has seen usual market activity throughout 2019, according to the latest Herron Todd White (HTW) residential report. 
The report notes whilst there has been lower demand than during the peak period in previous years, the top end hasn’t been quite as dramatic as the sub-$1 million properties.
High end sales include dwellings for $4.1 million in Wombarra, $3.2 million and $3.8 million in Bulli and a rural residential property just out of Berry for $5.4 million.
A Wollongong unit at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-wollongong-128254826" target="_blank">2/68 Cliff Road</a> (pictured below) sold for $3,225,000.
<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/2019/11/18/wollongong%201.jpg" alt="" style="font-size: 12.16px;">
"One of the more extraordinary sales in 2019 was a $2.7 million property in Dapto," the valuation firm noted. 
The house at <a href="https://www.realestate.com.au/sold/property-house-nsw-dapto-130584238" target="_blank">46-48 Carlyle Close </a>(pictured below) was built in 2018 and is approximately 475 square metres in size, featuring six bedrooms and three bathrooms all on 2,974 square metres of land.
The home site is elevated and has district and escarpment views and the grounds are extensively landscaped and retained with self-irrigating gardens, a wet-edge pool with spa and garaging for six cars.
<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/2019/11/18/dapto.jpg" alt="">
"By far a record price in Dapto, it is not expected that there would be any more expensive properties in this area let alone any that have hit the market recently," the valuation firm commented. 
Top-end properties vary depending on their type however most have a high quality level of fitout, substantial size and a significant view.
Vast ancillary improvements need to complement the dwelling itself. These highlights show that there has been decent trading in the upper bracket.
Buyers have still been willing to pay a decent price if they are getting something unique and special.
A search of realestate.com.au for properties in the region currently for sale over $4 million lists a number of development sites along with a penthouse with rooftop pool and private lift in Gerringong, an ocean front house on a double block in Bulli and two rural residential properties in Kangaroo Valley.
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Illawarra prestige market remains stable: HTW residential 

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While Emerald is still bouncing off the bottom and in a slow rising mode, there is little eye candy around unless the property ticks all the boxes and has multiple buyers looking, according to the latest Herron Todd White (HTW) residential report. 
The report notes a big sale for Emerald is over the $1 million mark.
"This year we have seen two properties sell in this top range with the first being <a href="https://www.realestate.com.au/sold/property-house-qld-emerald-107106154" target="_blank">8 Campbell Ford Drive</a> (pictured below), situated on 4,061 square metres with nine bedrooms, five bathrooms, a four-car garage, over 750 square metres under roof, a 19 metre pool and a 400 square metre shed," the valuation firm said. 
<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/2019/11/25/emerald%20.jpg" alt="">
This is a one of a kind for Emerald, hence the price tag of over $1.1 million.
The second home selling at just over $1 million was at 22 Slack Drive.
<img src="https://www.urban.com.au/images/2019/11/25/emerald%20.jpeg" alt="">
The property is 1.03 hectares of river frontage with manicured landscaping, an outdoor area, four bedrooms, two bathrooms, about 480 square metres under roof, a 300 square metre shed and an inground pool.
"Both of these properties lacked nothing for quality accommodation in Emerald," the valuation firm said. 
Rents top out at $450 to $500 per week with six listings currently. Rents have seen the highest growth in 2019 and this should start driving house prices upward.
"There are currently four genuine listings of residential properties in Emerald over $850,000. Each is unique with architect designed homes, pools, granny flats, large sheds, acreage, extra- large homes and high quality accommodation," the valuation firm noted. 
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Emerald sees two $1 million plus sales in 2019: HTW residential 

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Whilst some market segments have been a bit erratic throughout 2019, there are still a number of high-end properties that have transacted this year in Gold Coast, according to the latest Herron Todd White (HTW) residential report. 
The report notes Sovereign Islands is a prestige residential locality at the northern end of the Gold Coast.
The collection of man-made islands is home to some of the largest and most prestigious dwellings on the coast.
"20 Parklane Terrace, Sovereign Islands, Paradise Point (pictured above) is no exception and sold in March 2019 for $6.3 million," the valuation firm said. 
Constructed on the property is an ultra-modern five-bedroom, four-bathroom dwelling with an eight car basement garage.
The house is situated on a rare 1,497 square metre, north-west canal facing, double wide allotment boasting a 27-metre water frontage.
The dwelling leverages its expansive water frontage to produce canal views.
Other improvements include a grand entrance with imported white marble staircase, home theatre room, bar room with fireplace, large lap style pool with water feature and spa and 24 metre pontoon jetty.
<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/2019/11/20/22%20parkland%20tce.jpg" alt=""> 
Located in a prime main river front location, <a href="https://www.realestate.com.au/sold/property-house-qld-southport-112738511" target="_blank">1A Yacht Street, Southport </a>(pictured below) sold in June 2019 for $7 million.
The property features a south-east facing, two storey Hamptons style, five-bedroom, four- bathroom dwelling with three-car built-in garage, having a gross floor area of 825 square metre.
The dwelling appreciates expansive views of the Surfers Paradise skyline and the Nerang River.
The property is located within the prestigious TSS (The Southport School) precinct within Southport with a number of tightly held multi-million dollar homes.
Paradise Waters continues to set the benchmark for waterfront housing on the Gold Coast.
<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/2019/11/20/1a%20yacht%20st.jpg" alt=""> 
The report notes one of the highest sales in the area this year was 22 Admiralty Drive (pictured below) which transacted in January for $7,975,000.
Whilst built in 1990, the home was renovated in 2007 and 2008 and comprises a substantial, 665 square metre, modern, five- bedroom, five-bathroom, prestige dwelling with garage area for six cars.
Having a land area of 1,351 square metres and 37 metres of frontage to the Nerang River along the south-eastern boundary, it is afforded good local, wide water and city skyline views.
Other improvements to the property include an indoor lap pool, high quality landscaping, water features, 24-metre pontoon jetty, two timber decks over the river and a boat shed with wet bar.
"This house benefits from an ever-changing view across the water to the Surfers Paradise skyline," the valuation firm commented. 
<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/2019/11/20/24%20admiralty%20drive.jpg" alt=""> 
A north facing, 4,000 square metre Nerang River front allotment at <a href="https://www.realestate.com.au/sold/property-house-qld-carrara-131569930" target="_blank">18 Maryland Avenue, Carrara </a>(pictured below) is under contract for $6.3 million.
It has a Hamptons inspired, modern dwelling with four-bedroom, four- bathroom and six-car accommodation built over two levels with a gross floor area of 863 square metres and a 31-metre frontage to the Nerang River.
The property is located in a sought-after enclave with several multi million dollar homes on similar small acreage riverfront and dry allotments.
"The property is in the process of changing hands and was placed under contract after a very short marketing campaign of just six days!" the valuation firm said. 
<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/2019/11/20/carrara.jpg" alt="">
For Sale
"Hedges Avenue, also known as millionaire’s row is one of the most exclusive residential beach front localities on the Gold Coast with numerous multi- million dollar beachside residences," the valuation firm said. 
<a href="https://www.realestate.com.au/property-house-qld-mermaid+beach-132157742" target="_blank">17 Hedges Avenue, Mermaid Beach </a>(pictured below) is currently listed for sale for $12.5 million.
Situated on a prime, corner block, the six-bedroom, eight-bathroom dwelling spans three storeys with floor to ceiling stack sliding doors to each floor, maximizing its views of the white sandy beaches of the Coast.
"The property offers a rare slice of paradise, being only one of four properties currently listed for sale along millionaire’s row," the valuation firm added. 
<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/2019/11/20/17%20hedges%20avenue%20mermaid%20beach.jpg" alt=""> 
Te Moana at <a href="https://www.realestate.com.au/property-house-qld-broadbeach+waters-131893742" target="_blank">255 Monaco Street, Broadbeach Waters </a>(pictured below) is listed for sale for $13.75 million and occupies a 3,296 square metre north-west facing Nerang River front allotment with 43 metres of prime river frontage.
The house is a classically designed, two level, palatial home of approximately 1,300 square metres with five bedrooms, six bathrooms and six-car garaging.
Monaco Street is one of the premier streets of the Gold Coast with a number of large prestige homes situated within close proximity to the Pacific Fair Shopping Centre, Broadbeach business precinct, Surfers Paradise CBD and the Gold Coast Convention and Exhibition Centre.
Aiming to break all Gold Coast property records, 26 Knightsbridge Parade East on Sovereign Islands has been listed for sale at USD $30 million (or about AUD $44.2 million depending on the exchange rate).
This property is located across five absolute broadwater front lots, with over 4,000 square metres of land area and a true north facing aspect and also has a staggering 106 metres of broadwater frontage.
<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/2019/11/20/255%20monaco%20st.jpg" alt="">
Containing one of the Gold Coast’s largest residences, the dwelling has a total floor area of over 2,700 square metres built in the Tuscan style of architecture and designed by Bayden Goddard (one of the Gold Coast’s sought after architects).
Features to the property include seven bedrooms, nine bathrooms, eight metre ceiling heights, timber parquetry flooring, Turkish travertine feature columns, Turkish bathhouse, 30 metre north facing pool, high quality landscaping and 12 car basement.
"Watch this space as hopefully next year we will be reporting on these properties as record breaking sales," the valuation firm said. 
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Gold Coast's Hedges Avenue sees numerous multi-million dollar transactions: HTW residential 

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During 2019, Melbourne’s property market has had a firm correction following a brief period of recession, according to the latest Herron Todd White (HTW) residential report. 
The report notes listed prices and clearance rates rose again after showing reminiscent signs of the period of prosperity Melbourne experienced from 2014 to mid 2017.
"This month we are looking at some of the most ostentatious listings and palatial homes in the eastern suburbs of Melbourne," the valuation firm said. 
"Blue-chip suburbs such as Hawthorn are known for offering a grand lifestyle and it is easy to see why when you see its homes and apartments of an elite calibre, however the home pictured below would better fit the category of a manor."
<a href="https://www.realestate.com.au/property-house-vic-hawthorn-130010414" target="_blank">18-20 Shakespeare Grove, Hawthorn </a>(pictured above) has been listed on the market since 28 November 2018.
The last known sale price was $19.8 million on 5 May 2014.
It is currently being listed by RT Edgar Toorak and they have listed the property with an indicative selling price of $45 million.
"With nine bedrooms, seven bathrooms and an underground garage capable of housing up to 10 cars, it has an impressive resume," the valuation firm said.
"Set on 4,251 square metres in one of Melbourne’s most elite locations and sought after enclaves, Shakespeare Grove, the property is admired and timeless." 
 <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/2019/11/20/kew.jpg" alt="">
The report notes just around the corner from Hawthorn is Kew, a suburb of similar calibre and filled with beautiful homes often listed for multiple millions of dollars.
A home currently listed by RT Edgar Toorak is <a href="https://www.realestate.com.au/property-house-vic-kew-132127918" target="_blank">107 Sackville Street, Kew</a> (pictured above).
Set on 1,179 square metres and featuring five bedrooms, four bathrooms and three-car parking spaces, the indicative selling price is $6 million to $6.6 million.
"While it is a bit more reserved and subtle than the property shown above, there is no disregarding its great location on one of the most desirable roads in Kew," HTW said. 
"Originally built in 1920, the home has been renovated extensively on the inside and has had cosmetic work completed on the outside to restore the look of the home.
"This is a unique and valuable home in which to raise a family, entertain guests and enjoy a luxurious lifestyle."
 <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/2019/11/20/wonga%20park.jpg" alt="">
Wonga Park is located 28 kilometres north-east of Melbourne’s CBD.
The suburb features semi-rural properties with large land sizes and grandiose homes.
<a href="https://www.realestate.com.au/sold/property-house-vic-wonga+park-130910614" target="_blank">134 Jumping Creek Road, Wonga Park</a> (pictured above) sold for $2.47 million on 13 May 2019.
Set upon four hectares of land, the property is comprised of seven bedrooms, seven bathrooms and 11 car parking spaces over three storeys on a triangular-shaped allotment.
"The house’s features look more like a forest getaway than a home," the valuation firm said. 
Built originally in 1970, the house was updated with a brand-new kitchen, living and dining areas in February 2006.
"The previous owners did a great job maintaining the exposed brick look in sections of the home to complement the renovations excellently," the valuation firm added. 
Having been sold previously on 27 November 1999 for $610,000, the house has quadrupled in value in the past 20 years.
The home is located an hour’s drive from the city and has connecting roads to access Yarra Valley’s wine region and Victoria’s alpine areas.
"This is a home suited for a family looking to settle into third gear and enjoy being away from the hustle and bustle that the fast-paced inner eastern suburbs offer." 
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Eastern Melbourne prestige market showing signs of prosperity returning: HTW residential

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According to the latest Herron Todd White (HTW) residential report, Coffs Harbour properties priced over $1 million are considered prestige with the majority of sales within this market sector ranging between $1 million and $1.5 million.
Sales between $1.5 million and $2 million become decidedly more scarce, typically numbering less than 10 per year and those in excess of $2 million are rare.
"Let’s start with the unit market. Typically there are very few sales over $1 million, with the most recent highest sale of note being a penthouse unit in the Seashells highrise complex at Park Beach going for $1.65 million," the valuation firm said. 
The unit has a total strata area of 231 square metres, affording extensive coastal and hinterland views with the normal upmarket features and complex facilities.
The next is located within the sought after Jetty precinct of Coffs Harbour along Camperdown Street selling for $1.5 million.
This is a circa 2010, three-bedroom, two-bathroom contemporary unit, situated in a low rise complex of nine units.
The unit has an easterly aspect with unrestricted harbour and ocean views and strata area of 311 square metres.
"It is interesting to note that this property previously sold in 2010 for $1.55 million," the valuation firm notes. 
Over this value level there is no recent sale to draw from other than noting two prestige units currently listed for sale within Sea La Vie at 131 Victoria Street (pictured below) asking $1,995,000 and $2,295,000.
This complex is also located within the Jetty precinct.
<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/2019/11/18/131%20victoria%20st.jpg" alt="">
The units comprise three bedrooms, three bathrooms and a two-car garage in an architect designed three-unit complex affording a high position with extensive coastal and mountain views north. They are single level design with extensive patio and private plunge pool.
"The beachside housing market again has experienced very few sales over $1.5 million this year, however we have recently seen a $2.1 million sale within the prestige Charlesworth Bay precinct of Coffs Harbour," the valuation firm said. 
"What is so special about this property is the location, affording a unique headland position of 3,173 square metres boarded on three sides by regional park with access to the beach.
"To find properties in excess of the $2 million mark, we have to venture further from the beach into the rural surrounds with the most recent being in Walters Road, Upper Orara achieving a respectable $2.6 million."
Known as <a href="https://www.realestate.com.au/sold/property-lifestyle-nsw-upper+orara-7958562" target="_blank">Orara Valley Estate</a> (pictured below), it can only be described as a rural retreat set on 28 hectares with an extensive five-bedroom executive style country home with secondary quarters, resort pool and manicured grounds located 15 minutes west of Coffs Harbour.
<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/2019/11/18/orara%20valley.jpg" alt="">
"For something a little different we venture south of Coffs Harbour to the lesser known area of Gumma or more specifically Barnetts Road, located eight kilometres east of Macksville along the pristine Warrel Creek.
"This property achieved a respectable $2,025,000 and comprises a unique rural lifestyle holding with a single level, five-bedroom, three-bathroom architect designed dwelling with five-car detached garage set on a 40 hectare lot with 400 metres frontage to Warrell Creek.
"As expected, these high end properties appeal to a select and discerning market and are typically purchased by out of town capital city buyers and require longer than normal selling periods to find the right buyer." 
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Coffs Harbour high-end properties typically purchased by out of town capital city buyers: HTW residential 

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The prestige market in the Ballina Shire is typically concentrated within the coastal localities of Lennox Head, Skennars Head and East Ballina as well as the sought after northern rural localities such as Newrybar, Brooklet, Knockrow, Fernleigh and Tintenbar.
The latest Herron Todd White (HTW) report suggests the performance of the prestige market within these areas is no different to the prestige market within the Byron Shire in that it is traditionally related to the performance of capital city markets, most notably Sydney and to a lesser extent Melbourne and south-east Queensland.
"The most notable sale within the Ballina Shire over the past 12 months is 1 Rocky Point Road, Lennox Head (pictured above) which transacted for $6 million in August 2019 after an extended selling period in excess of 18 months," the valuation firm said. 
The HTW report notes this represents a market leading sale for a residential property in the Ballina Shire.
The property comprises an executive quality four- bedroom, two-bathroom, two-level residence with three car garage and resort style pool situated on approximately one acre surrounded by reserve with extensive northerly ocean views over Boulders Beach towards Lennox Head in the distance.
"It is of interest to note that this property previously sold for $3.1 million in March 2005," the valuation firm added. 
 <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/2019/11/18/19%20rayner%20lane%20lennox%20head.jpg" alt="">
"The market leading sale for a strata titled property within the Ballina Shire is 1/9 Rayner Lane, Lennox Head (pictured above) which transacted in December 2018 for $2.7 million," the valuation firm stated. 
This property comprises a ground level four-bedroom, two-bathroom duplex unit which adjoins beach front reserve and has unrestricted ocean views to the east.
The property previously sold in May 2007 for $2.4 million.
<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/2019/11/18/newrybar.jpg" alt=""> 
"The market leading sale within the rural localities over the past 12 months belongs to the property at <a href="https://www.realestate.com.au/sold/property-house-nsw-newrybar-130949362" target="_blank">219 Old Byron Bay Road, Newrybar</a> (pictured above) which sold in July 2019 for $3.9 million," HTW said. 
This property comprises a 45.37 hectare (approximately 112 acres) lot which is generally considered prime grazing country with district views and is improved with a semi-modern architect designed residence.
Again this property was subject to an extended marketing campaign, having been listed since October 2018.
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Ballina prestige sector dependent on Sydney market: HTW residential

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Across the Clarence Valley, 2019 has seen a number of strong and in some cases record breaking sales, according to the latest Herron Todd White (HTW) residential report. 
The report notes some of the region’s best known beach locations such as Iluka and Yamba were no exception.
 Iluka saw 46 Queens Lane sell for $945,000. 
"A quaint cottage with direct frontage to a sandy riverfront and river walk, the Queens Lane sale was the highest single use residential sale for Iluka over the course of the year and proved that location and views are still what it’s all about.
"As for Yamba, its unique position caters for prestige riverfront or river view and beach view, and continues to lure many to the town," the valuation firm commented.
Throughout the course of 2019, its residential market showed the furthering of the gap between suburban Yamba and Yamba Hill, the report noted. 
"Whilst the first showed a stabilisation trend, the latter shot up and proved to be one of the most improved locations in the Valley," the valuation firm said. 
Yamba Hill, with its easy access to beaches and food and retail outlets, saw sales between $900,000 and $2 million, with a sale of land with no views at 13 Ager Street (pictured below) for a staggering $615,000.
<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/2019/11/18/yamba.jpg" alt="">
"At present, there are a number of pricey properties, some of which are incredibly unique," the valuation firm said. 
For instance, the offering of <a href="https://www.realestate.com.au/property-lifestyle-nsw-goodwood+island-700041950" target="_blank">718 Goodwood Island Road, Goodwood Island </a>(pictured below) occupies almost the entire island and features a landing strip while the nearby listing of Gourd Island, is in fact for a whole island, complete with its own private barge access.
<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/2019/11/18/goodwood%20island.jpg" alt="">
Overall, the Clarence Valley’s varied composition ensures each year’s sales are a little different to the last and one is never entirely sure what or where a listing may pop up.
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