ANZ believes the Reserve Bank is in no rush to move again.

Following the release of the May Monetary Policy Board Minutes, ANZ has taken the view that the RBA is now firmly in a holding pattern, with the cumulative impact of previous rate hikes giving the Board scope to assess how the economy evolves from here.

That positioning, in ANZ’s view, makes a June rate hike unlikely.

The bank continues to expect the cash rate to remain unchanged at 4.35 per cent for an extended period, with the RBA adopting what is effectively a wait-and-see approach.

The Minutes point to a Board that sees financial conditions as already restrictive, but without a clear read on just how restrictive they are. That uncertainty has shifted the focus away from immediate policy action and toward monitoring both domestic conditions and global developments, particularly the conflict in the Middle East.

As ANZ interprets it, the Board is deliberately avoiding strong forward guidance.

Instead, it is allowing itself flexibility, acknowledging that monetary policy has limited ability to influence the near-term trajectory of inflation, while also recognising that economic growth is likely to remain below potential for some time.

Despite that pause in momentum, ANZ notes that the Board still carries a tightening bias.

The Minutes reveal that, in weighing up its decision, the Board seriously considered another 25 basis point increase. The key debate centred on the trade-off between inflation and activity, particularly in the context of global uncertainty.

Ultimately, most members leaned toward the inflation side of that equation.

Underlying inflation is still expected to remain above target for an extended period, regardless of how external risks evolve. That has led to a view within the Board that the risks to its inflation objective have increased, and that the current cash rate may not be sufficiently restrictive to fully contain those pressures.

That’s important.

While the decision, for now, is to hold, the underlying tone of the Minutes suggests the door to further tightening has not been closed.

ANZ also points to commentary from Assistant Governor (Economic) Sarah Hunter, who highlighted the risk that inflation could pass through the economy more quickly and broadly than in previous cycles. Both Hunter and a majority of the Board expressed concern that inflation expectations could become less anchored after such a prolonged period above target.

That combination, persistent inflation and the risk of expectations shifting, is what continues to underpin the RBA’s cautious stance.

However, where ANZ diverges from the RBA is on the outlook for activity.

The Board appears relatively comfortable with current spending patterns, effectively downplaying recent declines in business and consumer sentiment. It notes that sentiment has historically been only weakly correlated with actual spending, and that feedback from its liaison program has not yet pointed to a meaningful slowdown in consumption.

ANZ is less convinced.

The bank believes the link between household disposable income, sentiment and spending is more direct than the RBA is currently acknowledging. With inflation continuing to erode real incomes, ANZ expects household spending to soften more materially than the central bank is forecasting.

That divergence matters because it shifts the balance of risk.

If activity weakens more than expected, the trade-off between inflation and growth changes. In ANZ’s view, that would reduce the need for further tightening and reinforce the case for the RBA to remain on hold.

It also suggests that the current policy setting may already be doing more work than the Board fully appreciates.

The broader takeaway from ANZ’s interpretation is that the RBA is walking a narrow path.

On one side sits the risk of inflation remaining elevated for longer than expected. On the other is the growing pressure on households and the potential for a sharper slowdown in activity.

For now, the Board is choosing to wait.

But it is a pause that still carries an underlying tightening bias, rather than a clear pivot toward easing.

In practical terms, that leaves the cash rate anchored at 4.35 per cent for the foreseeable future, with the next move still uncertain.

For borrowers, it reinforces the reality that relief is not imminent.

And for the broader economy, it highlights the delicate balance the RBA is trying to strike, between bringing inflation back to target and avoiding an unnecessarily sharp slowdown in growth.

According to ANZ, it is a balance that is becoming increasingly difficult to maintain.

Joel Robinson

RBA to hold rates for "prolonged period" rather than hikes: ANZ

<a href="https://www.apartments.com.au/developers/venturecrowd-property-projects">VentureCrowd</a> is down to the final Canopy Villa release at Cumulus Grand Villas in Carrara, as construction continues on the 59-residence gated community positioned above 100 hectares of natural savanna on the Gold Coast.

The remaining Canopy Villa forms part of one of four collections within the <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>-designed community and has attracted interest from buyers seeking larger-format homes that combine privacy, security and low-maintenance living. Positioned within a private cul-de-sac and facing a protected black she oak forest, the four-bedroom villa includes a large private outdoor area suited to pet owners and families wanting more flexible space.

<a href="https://www.apartments.com.au/new-townhouses/cumulus-grand-villas-carrara-17-baltimore-court-carrara-qld-4211">Cumulus Grand Villas</a>, located at 17 Baltimore Court, comprises a mix of three and four-bedroom villas across the Skyline, Canopy, Savanna and Broadview collections. Prices currently range from $1.455 million to $1.895 million, with the final Canopy Villa priced from $1.825 million.

[smartcode_project:default project_id=135663 project_image_fid=360477]

The Canopy Collection villas offer four bedrooms, 2.5 bathrooms and approximately 245 sqm of internal space, alongside double garages and landscaped private areas. Expansive glazing, open-plan living spaces and private balconies have been designed to maximise natural light and outlooks toward the surrounding savanna landscape.

Construction is now underway across the fully funded development, which VentureCrowd says has become an increasingly important consideration for buyers assessing off-the-plan opportunities on the Gold Coast. The project is being delivered by <a href="https://www.apartments.com.au/builders/devcon">Devcon Property Group</a>, which has operated in South East Queensland since 1993 and delivered more than 1,000 homes across the region.

VentureCrowd Director of Property David Whitting previously said the project responds to changing buyer priorities in the prestige Gold Coast market.

“Flexible floorplans have proven particularly relevant for purchasers aged between 40 and 65, including next home buyers, downsizers and investors,” Whitting said.

[smartcode_project:default project_id=135663 project_image_fid=360505]

The buyer profile at Cumulus has reflected that shift toward owner-occupier-driven demand. Stuart Towns and Tracey Loynes recently purchased a Canopy Villa, drawn to both the lifestyle offering and the flexibility the home provided for their next stage of living together.

The couple, who met three years ago, sold their Robina home earlier this year after identifying what they saw as strong long-term investment potential at Cumulus while remaining within the same Gold Coast market. The villa’s private backyard was a major drawcard for their dog Luna, while proximity to golf courses including Emerald Lakes also aligned with their lifestyle interests.

Beyond the residences themselves, the community has been planned around shared lifestyle and recreation amenities. The Infinity Terrace will include a 20-metre heated pool, barbecue facilities, alfresco dining spaces and elevated retreat areas overlooking the surrounding landscape. Walking trails, a private nature reserve, orchard and herb garden are also integrated into the masterplan.

[smartcode_project:default project_id=135663 project_image_fid=360473]

BDA Architecture Director Darren Greenaway said the design approach was heavily influenced by the site’s outlook and secluded setting.

The practice sought to create what Greenaway described as a “little piece of paradise,” drawing inspiration from the elevated views, surrounding greenery and quiet location.

<a href="https://www.apartments.com.au/developments/carrara-qld-4211">Carrara</a> continues to attract buyers seeking larger homes within proximity to the coast but without direct beachfront pricing. Cumulus sits within easy reach of Broadbeach, Pacific Fair, Robina Town Centre and the M1, providing connections north to Brisbane and south toward the Gold Coast Airport and northern New South Wales.

The first stage of Cumulus Grand Villas is targeting completion in 2026.

[smartcode_project_cta:default project_id=135663]

VentureCrowd nears sell-out of Canopy Collection at Cumulus Grand Villas in Carrara

Waverley Council has made a call that many councils have been reluctant to make publicly. Growth is coming, regardless of who controls it.

The release of the Bondi Junction Vision and Master Plan is less about whether the Eastern Suburbs’ primary centre will change, and more about how that change is shaped, funded, and ultimately experienced on the ground. Waverley Council has released a 100-page plan which is effectively the first comprehensive blueprint for Bondi Junction in over two decades, and in doing so, signals a clear shift in how councils are positioning themselves in the current planning environment.

For the past 18 months, the conversation across New South Wales has been dominated by the State Government’s Low and Mid-Rise Housing reforms and the emergence of the Housing Delivery Authority pathway. Both have created faster, more centralised avenues for development approvals, particularly in well-located, infrastructure-rich areas like Bondi Junction.

Waverley Council’s response has been to move early, and decisively.

Rather than react to individual proposals as they come through the HDA or broader State-led reforms, Council has sought to establish a clear, place-based framework that sets the terms for how Bondi Junction evolves. The underlying position is relatively straightforward: if densification is inevitable, it should be tied to infrastructure, public domain improvements, and a cohesive vision for the centre, not delivered piecemeal through ad hoc applications.

<img alt="bondi junction" data-entity-type="file" data-entity-uuid="7f1f729c-ed99-4c6c-bf87-ffbce6991941" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-19%20at%209.58.16%E2%80%AFAM.png?VersionId=ULX4OlXKjeJ5BvNCNGL86evgXCjCfMih" />

At its core, the document is attempting to reposition Bondi Junction from what it largely functions as today, a transport interchange anchored by a major retail centre, into something far more layered. The ambition is to transform it into what the plan describes as the “civic and cultural heart of Sydney’s East,” a place that is active beyond commuting hours and capable of supporting a broader mix of uses, experiences and communities.

That repositioning is built around four key ambitions.

The first is to create a true destination. Bondi Junction already attracts significant foot traffic, with more than 86,000 daily transport users and millions of annual retail visits, but much of that activity is transient. People pass through, rather than stay.

The Master Plan seeks to change that dynamic. It leans heavily into the idea of an “18-hour economy,” extending activity well beyond traditional retail hours through dining, cultural programming, events, and a more active night-time offering. This is not just about adding more hospitality venues, but about fundamentally shifting how the centre operates, from a daytime shopping destination to a place that functions across the full span of the day and into the evening.

Oxford Street Mall sits at the centre of that shift.

Long seen as underperforming relative to its potential, the Mall is identified as one of the key catalyst projects in the plan. It is to be reimagined as a day-to-night spine, combining retail, dining, wellness and cultural uses in a way that creates a continuous flow of activity. Outdoor dining, rooftop venues, laneway activation and a curated events program are all part of the strategy, alongside significant public domain upgrades that aim to improve comfort, safety and usability.

&nbsp;

The second ambition is to transform Bondi Junction into a world-class interchange.

Despite being one of the most heavily used transport nodes in Sydney, the current experience is fragmented. Connections between the station, Westfield, Oxford Street Mall and surrounding streets are often unclear, and major roads create physical barriers that disrupt pedestrian movement.

The Master Plan proposes a more seamless, people-focused network. That includes clearer pedestrian links, improved wayfinding, better integration between transport modes, and a rethinking of how arrival into the centre is experienced. The aim is to shift the perception of Bondi Junction from a place people move through, to a place they arrive in.

The third ambition focuses on greening and open space.

One of the more consistent pieces of community feedback throughout the Vision phase was the need for more greenery, better public spaces, and a more comfortable urban environment. Despite being surrounded by major parks, Bondi Junction itself has relatively limited accessible open space, with much of the public realm dominated by hard surfaces and traffic infrastructure.

The plan responds with a network of new and upgraded public spaces, increased tree canopy, and what it terms the “Parkline,” a green link connecting Waverley Park through to Centennial Park. This is not just about aesthetics. It is about addressing heat, improving liveability, and ensuring that increased density is matched by access to high-quality outdoor space.

The fourth ambition is perhaps the most important from a development perspective: growth that gives back.

Bondi Junction is already the primary location for new housing supply in the Waverley LGA, and that is expected to continue. The area carries a target of 2,400 new dwellings by 2029, with further growth projected beyond that as demand for well-located housing continues to rise. The Master Plan does not seek to limit that growth. Instead, it attempts to shape it.

New housing is to be concentrated around transport, with stepped building heights designed to protect the character of surrounding neighbourhoods. At the same time, the plan introduces a more explicit link between development uplift and public benefit. This is where value capture becomes central.

The document outlines a framework where increased development potential is tied to contributions that fund public domain improvements, community infrastructure, open space, and affordable housing. It is an approach that recognises that much of the transformation of Bondi Junction will be delivered by the private sector, but seeks to ensure that the benefits of that growth are shared more broadly. The Civic Precinct is a key part of that equation.

Leveraging Council-owned land, the plan proposes a consolidated civic and cultural hub centred around Ebley Street. This would include new community facilities, cultural spaces, and potentially a new Council Chambers, creating a focal point for civic life that currently does not exist in Bondi Junction at scale.

It is one of several catalyst projects identified in the Master Plan, alongside the Oxford Street Mall transformation. These projects are intended to anchor change, acting as early interventions that unlock broader investment across the precinct.

Importantly, the Master Plan is not just a design document. It includes a delivery framework that sets out how these ambitions are intended to be realised.

Council is explicit in acknowledging that it cannot deliver the transformation alone. Implementation will require coordination between State agencies, private developers, landowners and the community, with a mix of planning agreements, infrastructure contributions and direct delivery mechanisms used to fund and stage improvements over time.

The plan outlines a mix of short-term, medium-term and long-term actions, from immediate public domain upgrades and planning controls, through to larger-scale projects that will unfold over the next decade or more. In practical terms, the next 12 to 24 months will be the most important.

This is when the Master Plan will move through exhibition, refinement and eventual adoption. It is also the period in which Council will seek to embed the framework into its planning controls, giving it weight in the assessment of future development applications.

Council officers have indicated that once the Master Plan is in place, it could be used as a benchmark when assessing Housing Delivery Authority proposals, and potentially reduce the need for further HDA declarations within Bondi Junction. In effect, it is an attempt to bring planning control back to the local level, while still aligning with State housing targets.

That tension between State-led reform and local planning control is not unique to Waverley. It is playing out across Sydney.

&nbsp;

&nbsp;

&nbsp;

If delivered as intended, Bondi Junction will become denser, more active, and more complex. It will support more residents, more workers, and a wider range of uses, extending beyond its current retail core into a more layered urban environment.

“The civic and cultural heart of Sydney’s East”: Bondi Junction masterplan revealed

Toorak's dress circle St Georges Road, home to some of the city's priciest homes, is set for a rare new apartment development.

Blood Diamond Group, an entity tied to Tina Brandi, wife of David Brandi who has been a prolific bidder on The Block over the years, has filed plans for an ultra-exclusive development across an amalgamated 3,662 sqm site at <a href="https://www.apartments.com.au/new-apartments/104-106-st-georges-road-toorak-vic-3142">104 and 106 St Georges Road</a>.

The proposal would replace two existing homes on the riverfront site with a five-level apartment building cascading down the steeply sloping land toward the Yarra River. Designed by Charles Wright Architects, the development has been carefully shaped around the site’s topography and river environs, with the upper levels stepping back to reduce visual bulk from both St Georges Road and the Yarra corridor.

Planning documents describe the proposal as “a site layout and building typology that is consistent with the emerging character of the area and which provides exceptional amenity for future residents without compromising that of neighbouring properties.”&nbsp;

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ea19a17e-7528-4fa8-b727-05f2f7c025e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20a_0.png?VersionId=rZ2IjdoUL_UrRl1sZ4wZHnQXbYUaEmUQ" />

The scheme comprises 12 apartments, including 10 three-bedroom residences, one one-bedroom apartment, and a substantial split-level five-bedroom penthouse. A 624 sqm communal rooftop terrace will crown the building, while three undercroft levels embedded into the hillside will accommodate apartments and basement parking.

The design leverages the site’s dramatic northern outlook across the Yarra River, with living areas and balconies oriented toward the water. A central atrium running the full height of the building is intended to draw natural light deep into the residences and improve internal amenity.

Landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo Design &amp; Landscape</a> will play a major role in softening the built form, particularly along the river edge where significant setbacks have been introduced. The proposal includes a minimum 30-metre setback from the Yarra River boundary, preserving a substantial landscaped buffer between the development and the waterway.

While a mature English Oak near the front of the site is proposed for removal, the plans retain a large English Elm closer to the riverfront, alongside other established vegetation in the lower section of the property.

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ed3bf19b-5bc7-482f-bde7-41f709a13c3a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20b.png?VersionId=SG_kBGu4rOaSPY8FtVcmPJfSCrstuOfg" />

Architecturally, the building adopts strong horizontal forms with expansive glazing and curved balcony edges facing the river. Planning documents note the upper levels “adopt a receding form” to ensure the building responds appropriately to the Yarra River environs overlay controls.&nbsp;

The surrounding streetscape is characterised by large contemporary homes embedded into the hillside, many presenting as modest one or two-storey forms to the street before expanding toward the river frontage below. The planning report notes this established pattern heavily influenced the massing strategy for Toorak Pavilion.&nbsp;

Until the recent sale of the landmark Clendon Road mansion Coonac for around $130 million, St Georges Road held the state's most expensive home, the $80,000,088 derelict "Ghost House" mansion that was bought by crypto king Ed Craven.&nbsp;

Blair House, also on St Georges Road, sold for $74.5 million in 2022.

First look: Toorak Pavilions slated for dress circle St Georges Road

Six months after a development site on Kangaroo Point’s Shafston Avenue sold for $6.55 million, plans have been lodged for a 23-storey apartment tower.

A company named JMT Mega Capital, understood to be interstate investors when the 1,222 sqm double block traded late last year through Patona Property, is proposing an 84-apartment development in place of the existing low-rise buildings.

The slender tower at <a href="https://www.apartments.com.au/new-apartments/212-220-shafston-avenue-east-brisbane-qld-4169">212–220 Shafston Avenue</a>, overlooking the Brisbane River, has been designed by <a href="https://www.apartments.com.au/architects/aplus-design-group">Aplus Design Group</a>. It will comprise a mix of one-, two- and three-bedroom apartments above six basement levels, topped by rooftop resident amenities.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="7e17ba9e-553e-42ef-92b6-22081671521a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_3.png?VersionId=hlVUf99vrOjUs.vhQs0qV0DhOncUy9T8" />

The development has been designed as a vertically articulated tower with recessed balconies, curved façades and planted edges intended to soften its scale within the evolving Shafston Avenue skyline. In the submitted Urban Design Report, Aplus Design Group said the tower had been “shaped with a slender vertical expression, articulated façades, recessed balcony zones, integrated planting and a clearly defined podium relationship, helping to reduce perceived bulk and create a more elegant contribution to the Shafston Avenue streetscape and broader Kangaroo Point skyline.”

The scheme comprises 84 apartments, including 25 one-bedroom units, 34 two-bedroom apartments and 25 three-bedroom residences. A total of 104 car spaces are proposed across six basement levels, including resident, visitor and accessible parking.

Residents will have access to rooftop communal open space and shared amenities, while the development also incorporates deep planting zones and subtropical landscaping throughout the podium and tower levels. The project includes 35 per cent communal space coverage across the site and a 17.5 per cent deep soil zone allocation to support urban greening outcomes.

The application exceeds the mapped building height under the Kangaroo Point Peninsula Neighbourhood Plan and is being assessed under Brisbane City Council’s impact assessment pathway. The design team argues the additional height is supported by the site’s strategic inner-city location, existing high-density zoning, and proximity to transport and employment hubs.

“The design has been developed to make better use of a well-serviced urban site within an established high-density residential setting, while improving the street presentation and overall quality of the public realm interface,” the report states.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="1ab44b1e-ff45-4bf3-8da8-8aa0cd79db33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_10.png?VersionId=tSxeGekZOqj1e9g3PEn_yFoC3taKDp3U" />

The proposal adds to a growing pipeline of apartment developments reshaping Kangaroo Point ahead of the 2032 Brisbane Olympic Games, with demand continuing to strengthen for new housing supply in well-connected inner-city precincts.

Mosaic has nearly sold out its under-construction <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a>&nbsp;and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a>,&nbsp;while Pikos recently completed <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye Residences</a> nearby. Pikos is also delivering <a href="https://www.apartments.com.au/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point-qld-4169">Gaia</a>, over 230 three- and four-bedroom apartments on Lambert Street.

First look: 23-storey Kangaroo Point apartment tower planned for Shafston Avenue riverfront precinct

Make every day Valentine’s Day for your partner with a luxury bedroom in an off-the-plan development.

Arguably, the most important room in the house, the bedroom is where residents spend most of their time and effectively has a big impact on their life.

Urban takes a look at 10 luxury Gold Coast apartments with the most inviting bedrooms for your Valentine’s.

1. Yves, Mermaid Beach 
Developer: Hirsch &amp; Faigen Property

[smartcode_project:default project_id=102451 project_image_fid=186078]

Situated in the sleepy Gold Coast village of Mermaid Beach, residents at Yves can relish their humble urban lifestyle from the confines of their bedroom.

The third project from Hirsch &amp; Faigen, the new three-tower development will deliver 145 apartments on Mermaid Avenue, steps from the sought-after millionaire’s row, Hedges Avenue.

Designed by Rothelowman, the one, two and three-bedroom designs deliver a calm pared-back palette that reinforces connection to the ocean, with open-plan living and dining, pale timbers and pristine white walls.

2. 123OBR, Broadbeach 
Developer: Bottega Property Group

[smartcode_project:default project_id=31666 project_image_fid=184149]

Delivered by the Brisbane-based developer, Bottega Group, the $52 million residential development, 123OBR,&nbsp;is a grand, new Broadbeach offering.

Described as&nbsp;vertically-stacked, verdant Queensland beach houses, each whole-floor apartment, designed by Woods Bagot, provides the ideal Valentine’s Day setting.

Named after its location of 123 Old Burleigh Road, one row back from Broadbeach, the 14-residence home includes a whole-floor resort deck.

3. Sea, Burleigh Heads 
Developer: Forme

[smartcode_project:default project_id=99968 project_image_fid=187419]

Sea offers a sophisticated collection of homes in Burleigh Heads at a high-end lifestyle development and beachfront address.

Designed in collaboration between Koichi Takada and interior curator Mim Design, the project will feature 240sqm half-floor apartments with three bedrooms and three bathrooms.

Whether in your bedroom or enjoying your private walk-in wine display bar, alfresco dining terrace or large lifestyle space, couples at Sea will savour every moment at home. &nbsp;

4. The AU, Surfers Paradise 
Developer: ASF Group

[smartcode_project:default project_id=6762 project_image_fid=188839]

Delivered by ASF Group, The AU is a collection of just 12 exclusive full-floor ocean-view ‘sky homes’ and two opulent three-level penthouses.

Sitting on the sought-after Esplanade in Surfers Paradise, the 19-storey tower features natural stone benchtops, and gold fixtures and finishes throughout.

With a façade made almost entirely of golden glass, each apartment offers clear panoramic views of the Surfers Paradise beach, the ideal outlook on your special day-in.

5. Chevron One, Surfers Paradise 
Developer: Bensons Property Group

[smartcode_project:default project_id=6515 project_image_fid=174034]

Set to reign as Chevron Island's only luxury high-rise apartment tower, Bensons Property Group’s Chevron One tower delivers ultra-luxury to the Gold Coast.

Designed by Marchese Partners, the development is also home to nearly 2000sqm of resort-style amenities, including a residents’ lounge, floating cinema, dining facilities and sculpted garden.

Master bedrooms front the apartment’s balcony that delivers spectacular views and includes a large walk-in robe and ensuite.

6. Emerson Kirra, Coolangatta 
Developer: Hirsch &amp; Faigen Property

[smartcode_project:default project_id=106646 project_image_fid=184794]

Delivered by Hirsch &amp; Faigen, Emerson at Kirra Beach is a boutique size development with just 27 three and four-bedroom residences.

As well as enjoying a residents’ lounge, recreation deck, resort-style pool and sun lounge, residents will also revel in the experience of living in a Rothelowman-designed bedroom.

Bedrooms feature floor-to-ceiling windows that offer unrivalled views across the ocean and distant Gold Coast skyline.

7. Mirador, Chevron Island 
Developer: Citimark Properties

[smartcode_project:default project_id=107520 project_image_fid=183047]

With a coastal setting on the island oasis of Chevron Island, it is no surprise that the bedrooms at Mirador are exception.

The unique development features 71 two, three and four-bedroom apartments, terraces and sky homes, complemented by resort-style amenity.

Master bedroom suites feature extensive walk-in robes and, where possible, spectacular views of the landscape from freestanding baths.

8. Niña, Chevron Island 
Developer: Macquarie York

[smartcode_project:default project_id=108640 project_image_fid=186591]

Rising 23 levels at Parnerno Street, Niña is the latest Chevron Island development to hit the small Gold Coast island.

Designed by Plus Architecture, the development boasts 73 apartments, with master suites in each residence featuring a walk-in robe and ensuite.

At the sub-penthouses at Niña, discerning buyers will enjoy three-bedroom residences that connect to an outdoor terrace with its own private plunge pool – the ideal Valentine’s Day experience.

9. Pearl Main Beach 
Developer: Raptis

[smartcode_project:default project_id=106752 project_image_fid=182209]

Expected to reach completion this year, Pearl Main Beach will deliver 80 residences in two and three-bedroom configurations at its prime Main Beach Parade location.

The apartment tower has been designed to take advantage of great outlooks to the beach, with an extensive shoreline on offer from apartments or the rooftop.

For couples seeking to enjoy Valentine’s at home, bedrooms are set away from the living space and feature full-height glass to enjoy both the sunrise and sunset.

10. The Glasshouse, Burleigh Heads 
Developer: Spyre Group

[smartcode_project:default project_id=104773 project_image_fid=189485]

South East Queensland developer&nbsp;Spyre Group&nbsp;is set to create one of the Gold Coast's most expensive boutique apartment projects.

Glasshouse, a collection of just three house-sized apartments, will be crowned with a multi-level penthouse, featuring its own private rooftop with a swimming pool.

With a spa and outdoor entertaining area, it may not be the bedroom that you’ll want to spend the day in at this residence.

Urban takes a look at ten luxury Gold Coast apartments with the most inviting bedrooms for your Valentine’s

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Valentine’s Day: 10 Gold Coast apartments with bedrooms you could stay all day in

There is nothing better than a spectacular seaside view, witnessing stunning sunsets and breathing in the fresh sea air to provide you with a sense of peace.&nbsp;

Whether you&rsquo;re into spending time in the water, relaxing on the shore or just observing the scenery from above, these apartments are for you.

Here are six properties in Gold Coast with stunning seaside views that you can secure under $749,000.

<h2>1. Midwater, Main Beach</h2>

One-bedroom apartment from $649,000

Developer: Heran Building Group

[smartcode_project:default project_id=7356 project_image_fid=82548]

Located on Main Beach Parade, Midwater Apartments feature breathtaking 360 degree sea views, stunning interior design and each home even has one-touch Smart Home Automation installed.

Midwater Apartments has beach access to Surfers Paradise and also offers a large range of luxurious amenities including a beachfront infinity pool as well as a rooftop pool. Additionally Midwater features a fully equipped well-being centre with a gymnasium, an outdoor yoga space, and also a steam room and sauna.

Midwater has parking sorted too, with a fully-automated valet parking system available for resident use.

<h2>2. Encore, Broadbeach&nbsp;</h2>

Two-bedroom apartments from $730,000

Developer: Andrews Projects

[smartcode_project:default project_id=14827 project_image_fid=154118]

Encore Broadbeach represents the quintessential Gold Coast lifestyle with floor-to-ceiling windows and oversized balconies highlighting the panoramic views of Gold Coast&rsquo;s skyline and iconic beaches.

Encore also boasts resort-style amenities such as a 25 metre heated lap pool, gym, private sauna and yoga lawns.

This apartment building is well located and is close by world famous beaches and public parks, a local dining precinct, shopping centres and other places of interest including The Star Casino and The Gold Coast Exhibition Centre.

3. Koko, Broadbeach

Two-bedroom apartments from $719,000

Developer: Morris Property Group

[smartcode_project:default project_id=6995 project_image_fid=86615]

Inspired by easy urban living and the buzzing lifestyle that this region has to offer, Koko entices with its boutique charm and urban sophistication.

Koko apartments is perfectly located to the soothing sands and sparkling waters of Broadbeach, as well as World Class parks and walk and cycle ways.

Each apartment features stone kitchens with fitments by Parisi and premium appliances by Franke. Koko takes relaxation to a new level of sophistication, offering a lap pool, a modern gym facility, and above street level private outdoor entertaining areas and gardens for its residents to relax and unwind.

<h2>4. Opus, Broadbeach</h2>

Two-bedroom apartments from $749,900

Developer: Morris Property Group

[smartcode_project:default project_id=6999 project_image_fid=86625]

Opus apartments capture the breathtaking views of Surfers Paradise&rsquo;s Skyline and the Pacific Ocean.

These Chelsea Avenue residences feature intelligent architecture and superior finishes, crafting the perfect open living space. Bespoke stone kitchens are built in with generous amounts of bench space and storage and are also equipped with Smeg appliances.

Opus apartments offer a residents-only haven with its tranquil two-level recreation deck, dazzling open-air pool, beautifully landscaped yoga lawn, fully equipped gym and green spaces with sun lounges and barbeque areas.

<h2>5. The Star Residences, Broadbeach</h2>

Two-bedroom apartments from $742,000

Developer: Far East Consortium

[smartcode_project:default project_id=7840 project_image_fid=85723]

The Star Residences is Gold Coast&rsquo;s newest world-class integrated resort development. The apartment is a short walk to world-class facilities, beaches and the local railway station.

Each apartment is lively and spacious and features dramatic views overlooking Gold Coast&rsquo;s beaches and hinterland. Apartments feature floor-to-ceiling windows which allow for natural light to flow in, timber floors and designer kitchens with high-end European appliances.

The Star Residences caters to looking after families with a kids club and play areas for children as well as a lap pool, a gym and sauna for parents. Families can also enjoy dining areas with barbeques and even a private dining room that overlooks the Gold Coast. Residents also have access to the five-star hotel services on offer.

<h2>6. Ocean, Surfers Paradise</h2>

One-bedroom apartment from $425,000

Developer: Meriton

[smartcode_project:default project_id=7974 project_image_fid=72339]

Soon to be the tallest high-rise building in the Gold Coast, Ocean apartments will stand at 252 metres and 76 levels tall. These apartments are fitted with floor-to-ceiling windows that allow for all residents to experience uninterrupted beachfront views.

Residents will have exclusive access to on-site hubs including a beach club precinct, an indoor swimming pool and sauna, a sky gym, a childcare centre and multiple cafes along the waterfront.

Ocean apartments are located alongside Gold Coast&rsquo;s vibrant retail district, rail station and the beach is only a few minutes from the front door.

See similar articles;&nbsp;

<a href="/news/qld/la-mer-main-beach-apartment-tower-launch-sales">La Mer, Main Beach apartment tower set to launch sales</a>

<a href="/news/qld/turrisi-properties-make-first-gold-coast-foray-with-broadbeach-tower-plans">Turrisi Properties make first Gold Coast foray with Broadbeach tower plans</a>

<a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site">De-Luxe apartments set to tower over Old Burleigh Theatre site</a>

&nbsp;

Davis Gale

Life is better at the beach: Six Gold Coast apartments with stunning seaside views under $749,000

The Bailey is Pyco Group&rsquo;s latest residential development in Brisbane&rsquo;s iconic and eclectic West End.

Comprising a collection of 26 boutique two and three-bedroom apartments, the project is nestled just back from the Brisbane River.

&ldquo;The Bailey offers modern sanctuary amidst the vibrant and striking backdrop of Brisbane&rsquo;s West End&rdquo;, the project marketing reads.

[smartcode_project:default project_id=25333 project_image_fid=154021]

Designed by Brisbane architecture studio DAH Architecture (DAHA), the space is curated for work and living, with a space made for both reclining with ease and entertaining with energy.

The residence connects buyers to modern amenity, with retail and transport hubs nearby, as well as a stunning rooftop pool.

[smartcode_project:default project_id=25333 project_image_fid=154028]

Located in Brisbane&rsquo;s cultural heart, West End boasts a lively lifestyle and inner-city eclectic charm, with the best of Brisbane&rsquo;s restaurants, arts and culture on offer.

DAHA was formed in 2014 to produce quality design outcomes and is led by architect David Hansford.

Urban takes a look at some of the finishes on offer at The Bailey.

<h2>Fresh finishes at The Bailey</h2>

[smartcode_project:default project_id=25333 project_image_fid=154020]

&ldquo;The apartments at The Bailey offer true modern sophistication brimming with high-quality inclusions and appliances&rdquo;, the developers said.

Whilst inspired interiors and bright, fresh finishes help to maximise natural light and enhance the sense of open-air living.

[smartcode_project:default project_id=25333 project_image_fid=154025]

Features in the kitchen include hybrid timber flooring, stone benchtops, Polytec cabinetry and feature panelling.

Residents can relax in their bedrooms with plush wool carpets, built-in robes and LED downlights.

The home also boasts Miele appliances, matte black hardware and ample storage.

&nbsp;

About the developer

Pyco Group is a boutique residential property developer with over 20 years of collective experience in the Australian property industry.

With over $130 million worth of projects currently underway across Sydney and Brisbane, Pyco Group continues to seek and develop superior residential property for people throughout Australia.

Designed by Brisbane architecture studio DAH Architecture, the space is curated for work and living, with a space made for both reclining with ease and entertaining with energy

The design finishes at Brisbane’s new West End tower, The Bailey

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Damning new research has discovered how prevalent ice and methamphetamine residue is in Queensland rental homes.
In the past seven months, Meth Screen has conducted more than 400 tests, with 35% of Queensland properties testing positive for the illicit drug.
The frightening results found 36% of properties on the Gold Coast contain ice and methamphetamine residue.
In contrast 26% of properties in Brisbane recorded a positive reading.
Some six of the 14 properties (43%) tested on the Sunshine Coast discovered disturbing levels of ice and methamphetamine residue.
One Redland’s rental property recently tested positive for ice, with the methamphetamine readings three times above the Australian guideline levels.
“We’re hopeful landlord insurance will pay for the house to be decontaminated, but at the moment the house is unrentable and we’re losing thousands of dollars in potential rent,” the landlord said.
“Fortunately, we had the property tested for ice when our previous tenants broke their lease.
“I’d hate to think of the repercussions if I had leased the property to a family with young children, without getting the property tested. I’d be putting their health and welfare at risk.”
Crystal methamphetamine is costing Australia an estimated $4.4 billion a year, with Smoke Alarm Solutions launching its partnership with Meth Screen, so property owners and managers can undertake screening for ice and methamphetamine residue.
The partnership will see Smoke Alarm Solutions screen properties for residual meth contaminants, absorbed by floorings, walls, ducting and any furnishings or fixtures and determine if a previous tenant or occupant used or manufactured ice.
Smoke Alarm Solutions CEO Cameron Davis said landlords and real estate agents who value their tenants will adopt meth screening.
There are many short-term health effects associated with exposure to meth residue, including headaches, nausea, burning skin, dizziness, breathing difficulty, sleeplessness and behavioural issues.
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j.ballantyne1990-6AQqhLzZaK

Many Queensland rental properties test positive for meth/ice 

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Set on an 800 square metre block in central Cannonvale, the three bedroom house has been sold by mortgagees for $272,000.
It was sold by Ellen and Bek from Ray white earlier this month.
It had last sold for $375,000 in 2006.
<a href="https://www.realestate.com.au/sold/property-house-qld-cannonvale-127313018" target="_blank">Located at 4 Grace Avenue</a>, the property features polished floorboards and a large entertaining deck.
There is plenty of car parking under the home and the potential to build in underneath and there is also space to put in a pool.
The suburb's median house price sits on $430,000 according to CoreLogic. 
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Cannonvale, Queensland offering sold by mortgagee

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<h1>
<a href="https://theconversation.com/profiles/mark-mcgovern-168" target="_blank" style="font-family: Tahoma, Helvetica, Arial, sans-serif; font-size: 12.16px;">Mark McGovern</a>, <a href="http://theconversation.com/institutions/queensland-university-of-technology-847" target="_blank">Queensland University of Technology</a>
</h1>
The Queensland state government is <a href="https://www.qtc.com.au/annual-reports/annual-report-2016-17/" target="_blank">paying a higher interest rate</a> than most Queenslanders are on their mortgages. To make matters worse, debt is <a href="https://www.researchgate.net/publication/265852954_Subprime_agriculture_and_Australia" target="_blank">becoming problematic in rural areas</a> with incomes and asset values down, and debts, unemployment and underemployment up.
Without improved state government debt arrangements, and policies to alleviate stressed industries and communities, Queenslanders’ income and wealth will suffer.
A destructive dynamic is at work in government, rural and urban debts. As debt servicing bites, consumption falls, stressing businesses and their employees. Public and private interest payments crowd out jobs and business investment.
The interest rate on Queensland government debt is currently 5.2% per annum, compared to <a href="https://www.canstar.com.au/compare/home-loans/?amount=350000&amp;profile=Buying+Next+Home+350k&amp;purpose=Buying+Next+Home&amp;repayment_type=P%2BI&amp;state=NSW&amp;Loan+Type=Variable&amp;provider_link=Yes%2C+only+show+results+with+links" target="_blank">mortgage rates</a> between 3% and 4%.
Interest rates fluctuate markedly from year to year. Today the <a href="https://www.rba.gov.au/statistics/cash-rate/" target="_blank">Reserve Bank of Australia cash rate is 1.5% pa</a> yet the Queensland government in 2013-14 was paying the same 5.2% pa when the RBA cash rate was 3% pa. Failure to capture lower market rates is evident in the state’s finances.
<h2>Government debt</h2>
The Queensland government sells bonds to cover its borrowing. For example, it could sell a ten-year bond for A$1,000 (the face value) that pays out 5% pa every six months. The Queensland Treasury makes interest payments every six months and pays back the A$1,000 after ten years.
However, bonds are traded in markets and can be bought and sold for more or less than the face value. If interest rates in the wider economy are lower than what the bond pays or if perceived risks are low, a bond may trade for more than the face value, say A$1,100.
Looking at <a href="https://www.qtc.com.au/annual-reports/annual-report-2016-17/" target="_blank">Queensland Treasury Corporation data</a> we can see that total debts held by the State of Queensland had a face value of A$89.2 billion but a market value for A$98.5 billion at the end of June 2017. This was A$9.3 billion more than face value.
Also evident is that total debt peaked in 2014-15, but <a href="https://www.sunshinecoastdaily.com.au/news/leaders-trip-over-debt-campaign-unfolds/3253743/" target="_blank">no one seems to have noticed</a>.
<iframe style="border: none;" src="https://datawrapper.dwcdn.net/10id6/3/" frameborder="0" width="100%" height="400"></iframe>
Examining the breakdown between Queensland departments such as Treasury and the government-owned corporations that supply electricity, water and the like, the rise in Queensland general government debt was relatively smooth between 2007 and 2015. Changes in government had no significant effects on the trend in general government debt.
This rise appears driven by a <a href="https://s3.budget.qld.gov.au/budget/papers/2/4-Revenue.pdf" target="_blank">shortfall in government revenue</a>, poor policies and the global financial crisis. A lack of critical information about government debt compounded these problems.
As discussed by the <a href="https://publications.qld.gov.au/dataset/rural-debt-and-drought-taskforce-report/resource/fea23ad0-e069-4484-91ce-d1d762decc48" target="_blank">rural debt and drought taskforce</a>, relatively small rural debts also appear to be manageable. Much bigger challenges lie in the big cities because of the sheer size and the recentness of much debt.
<h2>Refinancing Queensland?</h2>
Relatively small steps can have big effects in the current situation.
The first step for the new government is to provide better transparency about the state of government debt with Treasury publishing better analysis and fuller accounts. This will help lead to more sustainable state finances, and to tackle problems in both rural and urban areas.
Although large Queensland government debts appear relatively manageable, this is providing that net government revenues can be maintained.
There are several potential policy initiatives but we only have space to consider one. Suppose the Queensland government set a target of transitioning to raise one-third of its funds from directly selling non-transferable bonds (that can’t be bought or sold) to Queenslanders. This was a regular practice before financial liberalisation in the 1980s. If done again well, it could be a win-win outcome.
Much like a term deposit, Queenslanders could buy five-year bonds with an interest rate of, say, 3% pa. This would reward Queensland savers with better returns than they could get in a savings account and keep money within the state. It would have saved the government the significant sum of A$620 million if used for a third of government bonds in 2016-17.
<img src="https://counter.theconversation.com/content/87586/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">Interest payments should be one focus for the incoming government as it works with insight to improve its management of debts and their effects. Gains from some fresh thinking could be considerable.
<a href="https://theconversation.com/profiles/mark-mcgovern-168" target="_blank">Mark McGovern</a>, Visiting Fellow, QUT Business School, Economics and Finance, <a href="http://theconversation.com/institutions/queensland-university-of-technology-847" target="_blank">Queensland University of Technology</a>
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/the-queensland-government-is-paying-more-for-its-debt-than-the-average-mortgage-holder-87586" target="_blank">original article</a>.
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The Queensland government is paying more for its debt than the average mortgage holder

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The level of loss-making resales has fallen across Brisbane during the March 2105 quarter and are now at their lowest level since April 2011.
According to the CoreLogic RP Data pain gain report, Brisbane's losing resales totalled 9.6%, down from 10.3% the previous quarter and down from 10.9% when compared to the same period last year.
Resale losses were felt hardest in the Lockyer Valley (24.3%), Somerset (18.2%) and Ipswich (17.2%). 
<a href="/images/2015/06/23/700_pain5.jpg" target="_blank">Click to enlarge</a>
 
<img src="/images/2015/06/23/700_pain5.jpg" alt="">
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mick.cee-iDmgDDAmu8

Lockyer Valley, Somerset, Ipswich resale losses still rampant: CoreLogic RP Data pain gain report

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The boutique 1770 Beach Shacks in the Queensland town 1770, south of Bundaberg, has been listed for sale for the first time in 17 years.
The town of 1770 is about 130 kilometres from Bundaberg in the north and Gladstone in the south and 494 kilometres from Brisbane.
Located on Captain Cook Drive, the 1770 Beach Shack has four Balinese-inspired pole houses with private decks, overlooking the 1770 swimming beach. 
The ‘Stone Cottage’ is an adjoining bungalow on 809 square metres of land that holds a separate title and is on Elliot Street. It is currently used as a manager’s residence. The combined land area is about 1,585 square metres.
1770 is named for Captain Cook's second land fall.
Agent Leon Alaban of Ray White is seeking expressions of interest, closing on November 19, in the property as a freehold with a business.
According to RP Data, a house on 610 square metres of land at 632 Captain Cook Drive has been for sale for several years with a price tag of $1.2 million.
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