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

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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

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

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

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

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

<main data-perf-region="main">
Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

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

Property Listings

<html><body>
National residential listings fell in April 2018 by 3.8 percent from March, according to SQM Research.
Asking prices also fell over the month.
A total of 325,147 properties were listed in April.
In Sydney, listings fell by 4.4% from March but are up 34.9% from a year earlier as some homeowners seek to take profits on their homes before any sustained drop in prices.
Melbourne listings fell by 3.7% though they are now up 6.4% from a year earlier, reversing a previous a shortage of properties for sale in that city.
Listings fell in Hobart by 8.4% in April and are still down sharply or 26.8% from a year earlier, with a shortage of properties for sale helping to force asking property prices higher over the year to 1 May 2018. 
<table class="t1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td class="td1" valign="middle">
City
</td>
<td class="td2" valign="middle">
April 2017 Total
</td>
<td class="td3" valign="middle">
March 2018 Total
</td>
<td class="td2" valign="middle">
April 2018 Total
</td>
<td class="td4" valign="middle">
Monthly change %
</td>
<td class="td5" valign="middle">
Yearly change %
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Adelaide
</td>
<td class="td7" valign="middle">
15,579 
</td>
<td class="td8" valign="middle">
16,912 
</td>
<td class="td7" valign="middle">
16,235 
</td>
<td class="td9" valign="middle">
-4.0%
</td>
<td class="td10" valign="middle">
4.2%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Brisbane
</td>
<td class="td12" valign="middle">
28,082 
</td>
<td class="td13" valign="middle">
31,619 
</td>
<td class="td12" valign="middle">
30,419 
</td>
<td class="td14" valign="middle">
-3.8%
</td>
<td class="td15" valign="middle">
8.3%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Canberra
</td>
<td class="td7" valign="middle">
3,472 
</td>
<td class="td8" valign="middle">
4,060 
</td>
<td class="td7" valign="middle">
3,895 
</td>
<td class="td9" valign="middle">
-4.1%
</td>
<td class="td10" valign="middle">
12.2%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Darwin
</td>
<td class="td12" valign="middle">
2,010 
</td>
<td class="td13" valign="middle">
2,094 
</td>
<td class="td12" valign="middle">
2,089 
</td>
<td class="td14" valign="middle">
-0.2%
</td>
<td class="td15" valign="middle">
3.9%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Hobart
</td>
<td class="td7" valign="middle">
3,103 
</td>
<td class="td8" valign="middle">
2,479 
</td>
<td class="td7" valign="middle">
2,270 
</td>
<td class="td9" valign="middle">
-8.4%
</td>
<td class="td10" valign="middle">
-26.8%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Melbourne
</td>
<td class="td12" valign="middle">
30,434 
</td>
<td class="td13" valign="middle">
33,624 
</td>
<td class="td12" valign="middle">
32,378 
</td>
<td class="td14" valign="middle">
-3.7%
</td>
<td class="td15" valign="middle">
6.4%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
Perth
</td>
<td class="td7" valign="middle">
25,397 
</td>
<td class="td8" valign="middle">
27,261 
</td>
<td class="td7" valign="middle">
26,548 
</td>
<td class="td9" valign="middle">
-2.6%
</td>
<td class="td10" valign="middle">
4.5%
</td>
</tr>
<tr>
<td class="td11" valign="middle">
Sydney
</td>
<td class="td12" valign="middle">
24,735 
</td>
<td class="td13" valign="middle">
34,901 
</td>
<td class="td12" valign="middle">
33,364 
</td>
<td class="td14" valign="middle">
-4.4%
</td>
<td class="td15" valign="middle">
34.9%
</td>
</tr>
<tr>
<td class="td6" valign="middle">
National
</td>
<td class="td7" valign="middle">
322,400 
</td>
<td class="td8" valign="middle">
338,113 
</td>
<td class="td7" valign="middle">
325,147 
</td>
<td class="td9" valign="middle">
-3.8%
</td>
<td class="td10" valign="middle">
0.9%
</td>
</tr>
</tbody></table>
In Canberra, listings fell 4.1% and in Adelaide they were down by 4.0%. In Brisbane, stock on market fell 3.8% while in Perth listings dropped 2.6%. In Darwin listing fell by just 0.2%.
SQM Research managing director Louis Christopher, said the falls are just seasonal.
“Compared to a year ago, listings are higher in most cities," he said.
"The falls recorded this month are just seasonal and reflect the Easter holiday period. 
“Homeowners in Sydney are taking advantage of capital gains over recent times to list their properties for sale. 
"We have also seen more stock in Melbourne compared to a year ago as some homeowners there seek to take profits too. 
"However, in Hobart, home buyers are facing higher prices given an ongoing shortage of properties for sale,” said Mr Christopher.
Capital city average asking prices fell 0.8% for houses while unit asking prices fell 0.2% for the month to 1 May. In Sydney, asking house prices fell 1.1% while asking unit prices slipped 0.6%. Over the year, house asking prices were down by 1.0% to $1.36 million as the property market cools in Sydney. 
In Melbourne, asking price for houses were up 0.5% over the month and 18.8% over the year, entrenching gains over $1 million.
Hobart’s asking property prices are cooling, with house prices down by 1.7% over the month to 1 May and they are up just 5.3% over the year, down from 20%-plus gains a year through 2017. 
Capital city average asking prices fell 0.8% for houses while unit asking prices fell 0.2% for the month to 1 May. In Sydney, asking house prices fell 1.1% while asking unit prices slipped 0.6%. Over the year, house asking prices were down by 1.0% to $1.36 million as the property market cools in Sydney. 
In Melbourne, asking price for houses were up 0.5% over the month and 18.8% over the year, entrenching gains over $1 million.
Hobart’s asking property prices are cooling too, with house prices down by 1.7% over the month to 1 May and they are up just 5.3% over the year, down from 20%-plus gains a year through 2017. 
SQM have decided to review their annual Housing Boom and Bust Report, which they published in October 2017, due to recent developments to the housing market.
 
 
</body></html>

jrobinson-rf4aSBido9

Sydney listings up 35 percent from last April: SQM

<html><body>
National residential listings rose by 3.2% to 334,594 in November 2017, with stock levels jumping in Sydney, Melbourne, Canberra and Adelaide, as homeowners seek to take profits ahead of the summer break, latest data from SQM Research shows.
Canberra led listings with an 8.5 percent jump, followed by 5.9% in Adelaide, 5.6% in Sydney and  4.9% in Melbourne. 
Compared to a year earlier, listings are up 20.1% in Sydney, reflecting a large increase in properties available for sale, though in Melbourne stock levels are down 10.3% from a year earlier, SQM Research said.
In Brisbane, listings were up by 3.3% and in Perth they rose 3.4%. In Hobart, listings were up by 3.1% over November, but are still down 28% from a year earlier, reflecting a sharp shortage of properties available for sale in that city. 
“November listings usually jump ahead of the market slowing during the Christmas and New Year’s break, so the results are expected. That said, the year-on-year increase in Sydney is significant. Sydney now has the highest level of listings since October 2012,” said Louis Christopher, managing director of SQM Research.
“While there is a slowdown in Sydney, and to a lesser extent in Melbourne, we are still of the belief this is just a temporary stay, with a likely acceleration in market conditions next year based on an expansion in lending once again by the banks and still low levels of interest rates.” 
<a href="https://www.propertyobserver.com.au/images/2017/12/5/SQM1.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/12/5/SQM1.png" alt="">
Capital city asking prices rose 0.5% for houses and 0.2% for units for the month to December 5. The largest monthly rise came from Canberra, where house asking prices rose 5.9%. 
In Melbourne, asking prices for units rose by 1.4%. Year-on-year asking house price gains were the strongest in Melbourne, with prices rising by 22.2%.   
Hobart had the strongest asking price gains for units, up 19.7% over the year.  
Only Darwin and Perth experienced price falls as the mining downturn continues to impact the property markets there, SQM said.
<a href="https://www.propertyobserver.com.au/images/2017/12/5/SQMIndex.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/12/5/SQMIndex.png" alt="">
<h3>Key Points </h3>
<ol>
<li>National listings rose 3.2% during the month of November to 334,594 residential properties, but were down 3.7% over the year.</li>
<li>Listings rose the most in Canberra over the month, up by 8.5%, to be up 10.8% over the year.</li>
<li>Listings jumped in Sydney by 5.6% over the month, to be up 20.1% over the year.</li>
<li>Hobart recorded a monthly rise in listings of 3.1%, but they are down 28.0% over the year.</li>
<li>Capital city asking prices rose over the year to December 5 by 10.2% for houses and 6.0% for units.</li>
</ol>
</body></html>

prateek24-ezbwHMbNAk

Property listings rise in November as owners seek profits before summer break: SQM Research

<html><body>
<div>SQM Research calculated that national residential listings fell in October by 1.4 percent to 324,228, with stock levels decreasing in most capital cities.  Melbourne posted the biggest drop of 3 percent, but listings bucked the national trend in Sydney and Canberra. Listings also rose in Adelaide by 2.6 percent.</div>
<div> </div>
<div>There were gains of 2.8 percent in Sydney and 5.3 percent in Canberra. </div>
<div> </div>
<div>Compared to a year ago, listings were down by 4.6 percent across all Australian capital cities. </div>
<div> </div>
<div>The biggest drop was posted in Hobart, with listings down by 25 percent. </div>
<div> </div>
<div>SQM said Melbourne followed, with listings down by 11 percent, reflecting tight supply in those two cities.</div>
<div>
 <img src="https://gallery.mailchimp.com/9badbd870addb4af72206c2eb/images/aa0a339d-60f7-4b4e-b970-360f8ad07a83.png" width="482" height="228">
</div>
<div> </div>
<div>"It is not unusual to record a slight decline in listings in October," Louis Christopher at SQM said.</div>
<div> </div>
<div>"The initial September spring surge in listings has run its course. </div>
<div> </div>
<div>"A second surge in November usually occurs prior to the market closing for the year, and so, we expect listings to rise again next month."  "There is no evidence of any major correction in any city, however the large year-on-year rises in Sydney are demonstrating a downturn," he added.. SQM noted capital city asking prices rose 1 percent for houses but were flat for units for the month to October 24. </div>
<div> </div>
<div>The largest monthly rise came from Hobart, where unit asking prices rose 10 percent.</div>
<div> </div>
<div> In Melbourne, asking prices for houses rose by 1.7 percent, with a 1.3 percent rise in asking prices for units. Year-on-year gains were also the strongest in Melbourne, with both houses and unit prices rising 21 percent and 12.7 percent respectively.</div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

Sydney's October listings surge are a sign of the downturn: SQM

<html><body>
National residential listings fell in July 2017 by 5.1 percent to 316,748, with stock levels down in all capital cities during July according to SQM Research.
Louis Christopher, managing director of SQM said Hobart led the drop in property listings at 10.5 percent, followed by a 7.4 percent fall in Melbourne.
"Listings in both cities were down sharply from a year earlier, keeping upward pressure on asking house and unit prices," he said.
"Compared to a year ago, national residential property listings were down by 9.0 percent.
"There was some seasonality in the numbers, which contributed to the drop in listings. June had an extra weekend while July did not.
<a href="https://www.propertyobserver.com.au/images/2017/08/02/Chart-1.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/2017/08/02/Chart-1.jpg" alt="">
"That can make a big difference as each Friday there are several new property listings that enter the market, and so we think June listings were overinflated by this fact.
"Sydney residential property listings fell 5.7 percent as vendors await the spring selling season and sit on the sidelines during the winter period.
"Stock is still in short supply in some cities, particularly in Hobart and Melbourne.
"This has helped to push up asking prices for houses and units in those cities to well over the double digits, with Melbourne’s asking house price growth leading the nation at almost 22 percent over the year to August 1.
"We also probably saw more first home buyers enter the market in July, with Victoria and NSW introducing grants for first homebuyers from July 1, which will push up demand on property and prices."
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National residential listings fall in July: Louis Christopher

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There were 50,856 newly advertised properties for sale nationally over the 28 days to 13 November 2016 and 242,525 total properties for sale, according to CoreLogic’s latest weekly report.
The property data firm says that although the number of newly advertised properties is 1% lower than a year ago, new listings are at their highest level since November of last year. Total listings are 2.5% lower than a year ago, but at their highest level since early June of this year.
Across the combined capital cities, the total of 32,135 newly advertised properties is 3.3% lower than 12 months ago, while the figure of 112,862 total listings represents a 1.9% increase from a year ago.
<a href="/images/2016/11/17/Number%20of%20homes%20for%20sale.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/11/17/Number%20of%20homes%20for%20sale.jpg" alt="">
Newly advertised properties are lower than they were a year ago in Sydney (-12.5%), Melbourne (-4.5%), Adelaide (-1.3%), Hobart (-2.5%) and Darwin (-26.7%).
While listings are substantially lower than a year ago in many of these cities, it is somewhat more difficult to reconcile the 9.5% annual rise in Brisbane and 4.9% rise in Perth given no substantial uptick in housing demand in those cities.
In terms of total listings, although across the combined capitals they are slightly higher than a year ago, they are lower in Sydney (-10.1%), Melbourne (-1.8%), Hobart (-31.5%), Darwin (-0.2%) and Canberra (-10.6%).
There has been a somewhat counter-intuitive substantial rise in total listings in Brisbane (11.8%) and Perth (18.9%).
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New property listings at their highest level since last November: CoreLogic

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The number of Australian residential property sale listings rose in all capital cities during the month of September 2016, with the Spring selling season attracting vendors into the market, according to SQM Research.
The number of national residential property listings rose 4.3%, with September recording 347,358 new listings, a rise of 2.4% from a year earlier. Sydney led the gains, with a 10.3% jump in monthly listings.
<a href="/images/2016/10/04/SQM%201.png" target="_blank">Click to enlarge</a>
 <img src="/images/2016/10/04/SQM%201.png" width="650" height="204">
Notably, Sydney property listings have jumped 13.2% from one year ago, reflecting the buoyancy of the property market there and the eagerness of vendors to take advantage of impressive capital gains in that city.
Elsewhere, Brisbane recorded a strong monthly gain of 7.4%, with listings up an impressive 12% from a year earlier. Other cities reporting a big boost in monthly property listings were Canberra, with a 6.5% rise, followed by a 5.1% rise in property listings in Melbourne. Even in Perth, where house prices are falling, monthly listings were up 4.7%, and they are up a healthy 9.6% from a year earlier. Only Hobart listings are down from a year earlier, one of the reasons for strong price rises in the city. Adelaide and Darwin listings posted modest growth.
Asking prices
Sydney and Melbourne property markets are still the strongest in the nation, with high auction clearance rates reflecting strong demand for property in both cities, with buyers still putting up their hands to bid despite high prices.
As can be seen from the table below, asking prices for property have jumped in Melbourne, following on from strong price gains in Sydney, where the insatiable appetite for property is being led by record low interest rates and strong population growth in both cities, especially in Melbourne.
Leading the way, year-on-year results reveal Melbourne median asking prices have jumped 15.1% for houses and 4.8% for units compared to this time last year. Hobart has also recorded yearly changes, with median asking prices for units climbing 25% from a year earlier and unit prices up 6.1%.
<a href="/images/2016/10/04/SQM%202.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/10/04/SQM%202.png" width="650">
Meanwhile, median asking prices for houses in both Darwin and Perth continue to fall. According to SQM Research, the median asking price for a house in Perth is $683,200, 5% lower than this time last year and in Darwin it is $619,700, 6.9% lower.
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Property listings rise in September: SQM Research

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A new property has been included on the top ten discounted properties nationwide list from SQM Research at number six.
The home, 160 Great Eastern Highway, Glen Forrest (WA - above) has had a reduction of 31 percentage points since being listed. It replaced 13/83 Aralia Street, Rapid Creek, NT, which sold last week for $240,000, $10,000 under the already reduced asking price of $250,000 according to SQM Research managing director Louis Christopher.
He said the property first came onto the market back in July 2015 with an original asking range of $1.3 - $1.5 million and at the end of last month the vendor slashed this price down to just $900,000, a total reduction of $400,000.
"The property is set on a massive 2018 sqm block with one gigantic family home, and bonus powered workshop," he said.
"The home consists of six bedrooms, two bathrooms, home theatre and study. It home also features a handy solar system with a three phase inverter which means no more annoying electricity bills.
"A reduction this large means business."
<a href="/images/2016/05/25/Screen%20Shot%202016-05-25%20at%202.37.25%20PM.png" target="_blank">Click to enlarge</a>
<img src="/images/2016/05/25/Screen%20Shot%202016-05-25%20at%202.37.25%20PM.png" alt="">
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One new property on SQM's top ten discounts list

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One of the two Wombarra homes central to an ongoing saga concerning disgraced trade unionist leader Kathy Jackson and her partner Michael Lawler, the former Fair Work vice-president, is for sale.
The house at <a href="https://www.raywhite.com/nsw/wombarra/1455507/" target="_blank">30 Dam Road</a> is owned by the Sydney barrister suffering from dementia, David Rofe. The cul-de-sac home was bought in June 2014 for $1.35 million by Rofe, who lives with a ­dedicated carer in Sydney, and the house has now been deemed irrelevant to his needs.
The house, which sits side by side with the home of Jackson, now has a price guide of between $1.4 million and $1.5 million through Ray White’s Mattias Samuelsson for its May 21 auction.
Ms Jackson was revealed as being included in one of Mr Rofe’s wills two years ago, and could receive up to 10 per cent of his estimated $30 million estate.
Ms Jackson’s home is the subject of claims by the Health Services Union after the Federal Court found she had rorted $1.4 million as national secretary of the union. 
The union is battling Mr ­Lawler, who also placed a caveat over the home.
This article was first published in the Saturday Daily Telegraph.
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30 Dam Road Wombarra listed in Kathy Jackson fallout

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ASX-listed Rent.com.au Limited had more than 610,000 unique visitors to the website in February 2016, following on a record 615,405 visitors in January.
It also had almost 1,300 new landlord listings in the month, a new high, the company said in a regulatory announcement.
Rent managing director Mark Woschnak said the February UV traffic result was in line with expectations, representing sustained growth over January on a per day basis. 
“While strong UV numbers are important and demonstrate an increase in the awareness of <a href="https://www.rent.com.au/" target="_blank">Rent</a>, we are pleased with the launch of the national sales team ahead of schedule and continued gains made in agent and non‐agent registrations during the month of February," Woschnak said.
Rent now has more than 6,800 real estate agents registered with it and it has completed the deployment of its field sales team.
“We now have an on the ground agent sales presence right across the country and we are set to benefit from this continued increase in agent registrations. In addition to that, we have also had our biggest month yet for landlord listings,” said Woschnak. 
“Over the coming months we are focussing our resources on driving faster growth in agent and non‐agent registrations as we look to increase our overall level of listings content from the approximately 80 percent of national property listings that we currently have on site." 
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Rent.com.au had record landlord listings in February: ASX announcement

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The Australian Open finished last night... so Property Observer went looking for some homes that come with fabulous tennis courts.
Despite Melbourne being the Australian Open home, it is Queensland who are topping the charts in our list. 
 
<img src="/images/2016/02/01/image3-1.jpg" alt="" width="480" height="360">
1. <a href="https://www.realestate.com.au/property-house-qld-noosaville-121578622" target="_blank">Culcowy, 47 Beckmans Road, Noosaville, Queensland</a> (above)
The contemporary retreat Culcowy is privately positioned deep in a tropical setting
The five bedroom house is available through Dan Neylan and Imika Neyland of Downling and Neyland for $2.59 million.
The tennis court area can be viewed from the pool room and comes with a stand alone basketball hoop.
 
<img src="/images/2016/02/01/image4.jpg" alt="" width="578" height="433">
2. <a href="https://www.realestate.com.au/property-house-nsw-bayview-113105123" target="_blank">Bayview, Pittwater, New South Wales</a> (above)
This one is perhaps the most impressive property on our list - and comes from Pittwater.
The luxury estate comes with everything you can possible think of. A pool, spa, gym, games room, dine-in wine cellar and of course a championship size tennis court.
Anthony Walls of Max Walls International is the listing agent of the property posting a <a href="https://maxwalls.com/id137" target="_blank">short video of the trophy home</a>.
 
<img src="/images/2016/02/01/image10.jpg" alt="" width="502" height="377">
3. <a href="https://www.realestate.com.au/property-house-sa-springfield-119780115" target="_blank">9 Hillside Road, Springfield, SA</a>
New upcoming tennis star Thanasi Kokkinakis, who grew up in South Australian would be envious of this back yard tennis court set on the 2209 sqm site.
Opting to go with a swimming pool indoors and the tennis court outside, the five bedroom property also features a pool table with an accompanying bar and a 10 car underground garage.
Joe Oppedisano of Adcorp Property Group is seeking expressions of interest, but will be wanting to shift the property which has been on the market for over 200 days.
 <img src="/images/2016/02/01/new_court.jpg" alt="" width="556" height="358">
4. <a href="https://www.realestate.com.au/property-house-vic-warrandyte-121569434" target="_blank">Homewood Bound, Warrandyte, Victoria</a>
There had to be one property from Victoria in the list didn't there?
Homewood Bound's grass court is located at the rear of the house with a great vantage point from the second floor balcony.
With five bedrooms, five bathrooms, a loft-style studio and an inground, salt-water pool, Megadu listing agent Kevin Du should have no problem selling this one.
 <img src="/images/2016/02/01/700_onka.jpg" alt="" width="454" height="276">
5. <a href="https://www.realestate.com.au/property-house-sa-verdun-120934081" target="_blank">158 Onkaprainga Valley Road, Verdun, South Australia</a>
Another South Australia property rounds off the list.
Available through Tim Thredgold and Megan Thredgold of Toop and Toop, the massive seven bedroom property features a swimming pool beside a floodlit super grass tennis court.
Aptly named Forest Lodge, the estate has 4.9 hectares of land with four stables, 20x60 metre Olympic arena and a 10x10 metre undercover yard.
 
 
 
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