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

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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

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

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

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

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

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

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The level of fresh listings nationally has increased 4.9% when compared to the same period one year ago, with homes in capital cities increasing 8.9% compared to this time last year, according to CoreLogic RP Data's latest Property Pulse.
According to the report some 233,119 properties were added to the listings pool over the past month, with the largest increase in listings numbers for the four weeks ending August 30 in Sydney (16.4%), Melbourne (9.7%) and Canberra (17.7%).
Sydney's total stock levels are -0.5% lower than a year ago, with Melbourne listings down 4.7% lower than a year ago.
<a href="/images/2015/09/03/Screen%20Shot%202015-09-03%20at%202.56.41%20PM.png" target="_blank">Click to enlarge</a>
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mick.cee-iDmgDDAmu8

Fresh listings nationally increase 4.9%: CoreLogic RP Data

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A five bedroom landscaped home in the Meelup Hill Estate in Dunsborough, Western Australia, has been listed for sale with $2.2 million hopes.
The <a href="https://www.realestate.com.au/property-house-wa-dunsborough-117010943" target="_blank">125 Endicott Loop</a> two hectare residence has been listed through Michael Mort at JMW Real Estate.
With five bedrooms, four bathrooms and study, the property has been constructed with a dam, flowing creek and scheme water. 
The house features an open fireplace in the living area and has elevated decked entertaining areas.
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jchancellor-FAypfDUnLy

Meelup Hill Estate home lists with $2.2 million hopes

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<div>The top five properties attracting the most interest on realestateview.com.au this week are a mixture of those with development potential, trophy mansions and smart buys for potential investors.</div>
<div> </div>
<div>The property generating the most clicks through realestateview.com.au last week was a potential development site at 17 Marriott Parade Glen Waverley.</div>
<div> </div>
<div>
The home, set on 1538 sqm of land, is offered up as an opportunity to build a <a href="https://www.realestateview.com.au/Real-Estate/49-20-ellerby-street-glendalough/Property-Details-buy-residential-9226490" target="_blank">four storey apartment complex</a>. It sold through Freeman Li and Tony Ievoli from Barry Plant Glen Waverley.
</div>
<div> </div>
<div> </div>
<div><img src="/images/2015/08/28/17-Marriott-Parade-Glen-Waverley-VIC-3150-Real-Estate-photo-1-large-9226490.jpg" alt="" width="500" height="333"></div>
<div> </div>
<div>
The second most clicked property on realestateview.com.au is a  brand new property located at <a href="https://www.realestateview.com.au/Real-Estate/25-barry-street-kew/Property-Details-buy-residential-9156442" target="_blank" style="line-height: 1.3em;">10 Lauren Close, Gol Gol</a>, for sale at $490,000. 
The four bedder with a massive family room and study nook features 9ft ceilings and spotted gum timber floors throughout.
It is for sale through Roccisano Real Estate.
<a href="https://www.realestateview.com.au/Real-Estate/49-20-ellerby-street-glendalough/Property-Details-buy-residential-9226490"><img src="/images/2015/08/28/10-Lauren-Close-Gol-Gol-NSW-2738-Real-Estate-photo-1-large-9156442.jpg" alt="" width="438" height="291"></a>
 
The third most clicked house on realestateview.com.au this week is an expressions of interest for a Kew trophy home. 
The property, <a href="https://www.realestateview.com.au/Real-Estate/49-20-ellerby-street-glendalough/Property-Details-buy-residential-9341870" target="_blank">25 Barry Street Kew</a>, Victoria, is a five bedroom mansion for sale through Sam Wilkinson and Scott Patterson of Kay &amp; Burton Hawthorn.
<img src="/images/2015/08/28/25-Barry-Street-Kew-VIC-3101-Real-Estate-photo-1-large-9341870.jpg" alt="" width="501" height="334">
 
The fourth most clicked property for the last week is <a href="https://www.realestateview.com.au/Real-Estate/42-buller-drive-glen-waverley/Property-Details-buy-residential-9215338" target="_blank">3/16 Cromdale Street Mount Martha, Victoria</a>, listed for sale between $590,000 and $650,000. It is for sale through Sam Danckert of Abode Mt Martha.
<h3><img src="/images/2015/08/28/cromwell.jpg" alt=""></h3>
The fifth most clicked property on realestateview.com.au this week is a single level Victorian home with three bedrooms at <a href="https://www.realestateview.com.au/Real-Estate/49-20-ellerby-street-glendalough/Property-Details-buy-residential-9260418" target="_blank" style="line-height: 1.3em;">137 Male Street, Brighton</a>, Victoria.
The property sold at auction last week through Barb Gregory and Jason Collie of Marshall White Brighton.
<img src="/images/2015/08/28/137-Male-Street-Brighton-VIC-3186-Real-Estate-photo-1-large-9260418.jpg" alt="" width="720" height="480">
<h2> </h2>
</div>
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Top five most clicked homes: Realestateview.com.au

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The number of new properties listed for sale in Sydney is 16.6% higher when compared to last year, according to figures released by CoreLogic RP Data.
Melbourne listings are up 11.5%, a 12 month change of -6.5%.
 
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Sydney new property listings up 16.6% year on year: CoreLogic RP Data 

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Renovator Cherie Barber has her 1890S Leichhardt investment property listed for September 5 auction.
The property listed by Cobden &amp; Hayson agent Ben Southwell is expected to challenge the suburb's current $3.05 million record.
The Victorian-era house is a restored five-bedroom home on 410 square metres which Barber bought in April 2008 for $950,000. It had been listed with $1,129,000 hopes at March 2008 auction.
Barber, who appears as an expert on Network 10s The Living Room, is founder of the workshop Renovating for Profit.
She added a 14-person spa in the central garden of <a href="https://www.realestate.com.au/property-house-nsw-leichhardt-120388361" target="_blank">93 Hill Street</a>.
There is also a self-contained apartment above the garage.
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Cherie Barber lists 1890s Leichhardt record setter

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The celebrity photographer Nicholas Wilson and his wife Sally have listed their Zetland terrace.
The four-bedroom terrace is tipped to fetch more than $1.65 million through McGrath's Ben Forsyth at its August 29 auction.
They want more space for their three sons at Kensington. The couple bought <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/buy/house-zetland-nsw-2017/266497">the Victorian-era home</a> on Portman Street in 2006 for $729,000.
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Celebrity photographer's Zetland Victorian-era listing

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The top Victorian listing on realestateview.com.au over the last week has been a three bedroom North Melbourne trophy home compete with Carrara marble, silken polished concrete, luminous Victorian Ash and solid Royal American Oak.
Constructed by builder and designer owners, <a href="https://www.realestateview.com.au/Real-Estate/4-47-forrest-avenue-east-perth/Property-Details-buy-residential-9196604" target="_blank">11 Chetwynd Place North Melbourne</a> is set for Auction at 12pm Saturday, August 8 through Anthony Gattuso of Woodards real Estate.
<img src="/images/2015/08/07/11-Chetwynd-Place-North-Melbourne-VIC-3051-Real-Estate-photo-1-large-9196604.jpg" alt="" width="506" height="337">
The second top recent listing over the last week through realestateview.com.au was a three bedroom townhouse with two car garage and stylish kitchen in the Sydney suburb of Thornleigh. <a href="https://www.realestateview.com.au/Real-Estate/4-47-forrest-avenue-east-perth/Property-Details-buy-residential-9265902" target="_blank" style="line-height: 1.3em;">45/10-14 Loch Maree Avenue, Thornleigh</a>, is a family friendly home located close to schools, shops and transport.
It is set for auction Auction Saturday 22nd August at 4.30pm through Alex Gayl and Dion Verzeletti of Ray White Thornleigh.
<img src="/images/2015/08/07/45-10-14-Loch-Maree-Avenue-Thornleigh-NSW-2120-Real-Estate-photo-1-large-9265902.jpg" alt="">
The third top listing for realestateview.com.au over the last week was a lifestyle rural property of 8094 sqm with mountain views and a there bedroom colour bond and weatherboard home built in 2009.
<a href="https://www.realestateview.com.au/Real-Estate/4-47-forrest-avenue-east-perth/Property-Details-buy-residential-9252248" target="_blank">63 Gap Road Springsure, Queensland</a>, comes complete with four-bay shed, close proximity to the local primary school and connection to town water.
It is for sale through John Noffke of Noffkes' Rural Real Estate and Livestock.
<img src="/images/2015/08/07/63-Gap-Road-Springsure-QLD-4722-Real-Estate-photo-1-large-9252248.jpg" alt="">
 
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Trophy Melbourne listing tops online property search: realestateview.com.au

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<div>GUEST OBSERVATION</div>
<div> </div>
<div>Over the last three weeks. And in the last week in particular, there have been some key announcements that will likely have a meaningful impact upon the housing market. The screws have been further tightened and this time we think they will have an impact. To recap the major changes include:</div>
<ul>
<li>A requirement for banks to hold 2% more capital (compared to risk weighted assets).</li>
<li>A requirement for banks to lift risk weights on home loans, meaning the banks will not be able to leverage as much from their home loan assets as they were before.</li>
</ul>
<div>Banks have responded by:</div>
<ul>
<li>Announcing capital raises</li>
<li>Lifting interest rates on investment property loans</li>
<li>Reducing loan to value ratios on investment property loans and locations considered higher risk</li>
<li>Increasing the servicing requirements (e.g A loan service test on a higher theoretical interest rate).</li>
<li>Not allowing tax benefits from negative gearing to be used as income.</li>
</ul>
<div>Clearly the changes will knock out most of the weaker borrowers, which is what the changes are designed to do, besides strengthen the balance sheets of the banks. But will it move existing property investors to the exits? The cumulative effect of these changes will now most likely dampen demand from property investors. The announcement last week of interest rate increases was probably the final nail. Indeed trusted sources on the ground including agents and mortgage brokers in Sydney are informing me of would-buyers now holding back. We also note the recent decline in Sydney auction clearance rates to just back below 80%. Nevertheless clearance rates in the mid to high 70's is still suggestive of strong market. It should also be noted that SQM expects total residential property listings have surged in July, though the final result will not be known until early August. As we know the recovery in the housing market, particularly for Sydney has been investor driven. It’s a good time to re-publish the following chart which does clearly illustrate how investor have dominated this recovery. </div>
<div> </div>
<div><a href="/images/2015/07/28/HousingFinanceCommitmentsJuly2015.png" target="_blank">Click to enlarge</a></div>
<div> </div>
<div><img src="/images/2015/07/28/HousingFinanceCommitmentsJuly2015.png" alt=""></div>
<div> </div>
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The problem is, property investors can be a fickle bunch. A number of them are momentum driven. Buy when the market is moving higher and sell when the market is heading lower. Forget about the fundamentals and the emotional attachment. It is the capital gain and preservation of that gain that counts. Contrast this with first home buyers and owner occupiers who tend to not care (as much) for the market ups and downs. They tend to be longer term holders. They tend to sell and buy on an upgrade/downgrade or when servicing improves/deteriorates.This makes for a market they may well be more volatile than previous cycles. Even so, is there enough here to create a full blown crash? No way. We would still need to see a lot more action from the banking sector than these initiatives before that happens. I believe rates would need to go up by at least 1.5% and at a time when there is some type of massive supply overhang on new stock. Neither seems likely at this point in time. Needless to say the probabilities have now rapidly increased of a housing market slowdown which could be commencing now. 
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<div>Louis Christopher is property analyst for SQM Research. He can be contacted <a href="https://www.sqmresearch.com.au" target="_blank">here</a>.</div>
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