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.

Joel Robinson

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

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

Residential Auction

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A record $8.4 million has been paid on the Brisbane riverfront at auction last night.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%202.jpg" alt="">
The riverfront home at Bulimba ranks as the city’s most expensive property ever sold under the hammer.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%203.jpg" alt="">
The five-bedroom European-style mansion at 95-99 McConnell Street saw two families compete after the initial $5.5 million offer.
The prized north-facing 1473 square metres of land comes with 32 metres of river frontage.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%204.jpg" alt="">
The 95-99 McConnell Street, Bulimba offering sold through Sarah Hackett of Place Estate Agents Bulimba.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/27/bulimba%205.jpg" alt="">
Brisbane’s most expensive auction sales
<table border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td>
Address
</td>
<td>
Brisbane Suburb
</td>
<td>
Year
</td>
<td>
Auction Price
</td>
</tr>
<tr>
<td>
95-99 McConnell Street
</td>
<td>
Bulimba
</td>
<td>
2019
</td>
<td>
$8.4 million
</td>
</tr>
<tr>
<td>
39 Griffith Street
</td>
<td>
New Farm
</td>
<td>
2019
</td>
<td>
$7.75 million
</td>
</tr>
<tr>
<td>
22 Sandford Street
</td>
<td>
St Lucia
</td>
<td>
2009
</td>
<td>
$7.75 million
</td>
</tr>
<tr>
<td>
29 Laurence Street
</td>
<td>
St Lucia
</td>
<td>
2010
</td>
<td>
$7 million
</td>
</tr>
<tr>
<td>
78 Jilba Street
</td>
<td>
Indooroopilly
</td>
<td>
2007
</td>
<td>
$6.1 million
</td>
</tr>
<tr>
<td>
20 Scott Street
</td>
<td>
Hawthorne
</td>
<td>
2017
</td>
<td>
$5.6 million
</td>
</tr>
<tr>
<td>
22 Langside Road
</td>
<td>
Hamilton
</td>
<td>
2016
</td>
<td>
$5,385,000
</td>
</tr>
<tr>
<td>
34 Quay Street
</td>
<td>
Bulimba
</td>
<td>
2016
</td>
<td>
$5.33 million
</td>
</tr>
<tr>
<td>
14 Otway Street
</td>
<td>
Holland Park
</td>
<td>
2016
</td>
<td>
$5,225,000
</td>
</tr>
<tr>
<td>
9 Griffith Street
</td>
<td>
New Farm
</td>
<td>
2013
</td>
<td>
$5.2 million
</td>
</tr>
</tbody></table>
Source: Domain Group (results based on sales made on the auction day under the hammer only).
The previous record auction was $7.75 million, back in 2009 at Sandford Street, St Lucia, which was then equalled in March this year when 39 Griffith Street, New Farm sold under the hammer.
It was purchased by Ben Seymour, the grandson of Queensland rich-lister and developer Kevin Seymour.
 
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j.ballantyne1990-6AQqhLzZaK

Bulimba riverfront takes Brisbane auction record mantle

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Canberra was the hottest capital city weekend auction market, but one of Sydney's last remaining clifftop cottages took the top sale price.
The Canberra sales ranged between $376,000 at Calwell to $1.34 million in a pre-auction sale at Ainslie.
The top sale was a 1959 weatherboard, with brick fireplace at <a href="https://www.realestate.com.au/property/75-tyson-st-ainslie-act-2602" target="_blank">75 Tyson St, Ainslie</a>. It had last sold at $439,950 in 2002.
Canberra's top result was a close-run race as there was <a href="https://www.realestate.com.au/property-house-act-deakin-127604842" target="_blank">a $1.325 four bedroom Deakin home sale</a> and a $1.31 million sale at <a href="https://www.realestate.com.au/sold/property-house-act-o%27connor-127589942" target="_blank">O'Connor of another 1950s home</a>.
Click here <a href="https://www.propertyobserver.com.au/images/2018/3/12/cap%20city.jpg" target="_blank">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/2018/3/12/cap%20city.jpg" alt="">
Canberra's cheapest $376,000 sale was a three bedroom townhouse with 98 sqm living space at <a href="https://www.propertyobserver.com.au/https://www.allhomes.com.au/ah/act/sale-residential/32-36-fink-crescent-calwell-canberra/1317494664811" target="_blank">32/36 Fink Crescent, Calwell</a>. It had last sold at $360,000 in 2010.
A three bedroom Queensland mortgagee offering was the nation's top weekend result.
The <a href="https://www.realestate.com.au/property-house-qld-caboolture+south-127555274" target="_blank">51 Rosemary St, Caboolture South</a> home (below) fetched $210,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/3/12/caboolture.jpg" alt="">
It previously sold at $255,000 in 2008 shortly after which it became a $255 a week rental.
Sydney scored the weekend's top sale when Belle Property sold a Queenscliff home (top) for $5.55 million at a packed auction with over 100 locals attending.
<a href="https://www.realestate.com.au/property-house-nsw-queenscliff-127534742" target="_blank">The 17 Pavilion Street offering</a> was marked by Belle Property Manly agent Anthony Calacoci as Sydney's last original clifftop house.
The guide for the clifftop property was $4.8 million.
With views north and south over the ocean, it was a one-bedroom cottage without parking on 340sqm of land.
It hasn’t traded for four decades having beeb built for a fisherman.
The next highest across the country was when $4 million was paid pre-auction for a home in Clontarf.
The three level hillside <a href="https://www.realestate.com.au/sold/property-house-nsw-clontarf-127538802" target="_blank">24 Peronne Avenue, Clontarf home</a> (below) was offered through LJ Hooker. It had been initially listed last October with $4 million hopes.
<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/2018/3/12/clontarf.jpg" alt="">
It was a relatively quiet auction weekend in Melbourne due to the Labour Day public holiday.
The highest result was <a href="https://www.realestate.com.au/property-house-vic-malvern+east-126733202" target="_blank">a two house, 1650 sqm consolidation</a> at 1399-1401 Dandenong Road at Malvern East at $4.66 million.
It was tipped to fetch $4.4 million to $4.6 million.
Melbourne's dearest house sale was $2.465 million when <a href="https://www.realestate.com.au/property-house-vic-port+melbourne-127569918" target="_blank">172 Clark Street, Port Melbourne</a> was offered.
It was a three bedroom brick home which was marketed as a likely knockdown with a $2 million to $2.2 million price guidance.
<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/2018/3/12/melb.jpg" alt="">
Melbourne's cheapest sale was $245,000 at Footscray.
The <a href="https://www.realestate.com.au/property-unit-vic-footscray-127481458" target="_blank">8/18 Eldridge Street, Footscray</a> one bedroom apartment was expected to have fetched between $250,000 and $275,000.
The 55 sqm apartment needed to be renovated.
<div>CoreLogic calculated the capital city preliminary clearance rate rose to 67.3 per cent, with auction activity across the capitals significantly lower.</div>
<div> </div>
<div>There were 1,721 auctions held across the combined capital cities, significantly lower than the 3,026 held last week.</div>
<div> </div>
<div>"The fall in auction volumes this week is due to the fact that four of the eight states and territories have a public holiday on Monday," CoreLogic auction analyst Kevin Brogan said.</div>
<div> </div>
<div>"The preliminary clearance rate across the combined capital cities rose to 67.3 per cent this week, up from 63.6 per cent last week, although this will revise as more results are collected over the week.</div>
<div> </div>
<div>"Over the same week last year, the clearance rate was recorded at 75.1 per cent," he said. </div>
<div>
<div> </div>
<div>The two largest auction markets, Melbourne and Sydney, saw their preliminary clearance rates rise, with Sydney at 66.6 per cent across 936 auctions and Melbourne at 72.2 per cent across 447 auctions.</div>
<div> </div>
<div>Looking at results by property type, units outperformed houses again across the capitals with 70 per cent of units selling at auction, while 66 percent of houses sold.</div>
</div>
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Queenscliff cottage sells at $5.55 million at weekend auction

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Artist James Powditch’s converted Annandale warehouse was passed in at weekend auction.
The $2.85 million opening bid was followed by a vendor bid of $3.7 million.
When <a href="https://www.domain.com.au/9a-albion-street-annandale-nsw-2038-2013608848" target="_blank">mixed-media artist James Powditch</a> and his wife, graphic designer Diane Adair bought their Annandale home, it was just an empty shell of a warehouse.
It was marketed as one of the best warehouse residences in Sydney. 
BresicWhitney agent Chris Nunn had a $3.5 million price guide for the 320 sqm building.
The couple paid $1.05 million before its conversion in 2010 into 500 sqm of internal living space, including five bedrooms.
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Big gap between buyer and seller at artist's Annandale warehouse auction

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Retired AFL footballer Darren Jolly and his designer wife, Dea, now professional renovators, have listed in Kew East with an October 8 scheduled auction.
<a href="https://www.realestate.com.au/property-house-vic-kew+east-123577366" target="_blank">It is the home</a> they rebuilt after demolishing their heritage-protected house without permission.
<a href="https://www.realestate.com.au/property-house-vic-kew+east-119169183" target="_blank">It was bought for $1,395,000</a> in June last year and they want $2.6 million. 
Dea Jolly, now a Fairfax Media columnist, once confessed she had an addiction to renovating.
The house comes with underfloor heating in the bathrooms, 100 percent wool carpets and 100 percent linen curtains, engineered European Oak flooring, bespoke made handles, plantation shutters on the windows, Velux solar-powered and rain sensing opening skylights plus landscaped gardens with irrigation and lighting. 
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jchancellor-FAypfDUnLy

The Block's Darren and Dea Jolly list Kew East cottage

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The last winter weekend sees around 550 homes set to be offered under the hammer on Saturday across Sydney. 
More than last weekend’s 492 and the highest weekend offering since the pre-election rush of 632 recorded on June 25.
But the weekend’s auctions are much less than the record 811 auctioned over the same season-opening Saturday last year.
Domain's senior economist Dr Andrew Wilson said Saturday’s numbers are similar to the auctions on the last weekend of August in 2014 and 2013.
"So far this year there have been 4653 fewer weekend auctions," Dr Wilson advised which is a steep fall of 24.3 percent compared with the same period last year.
Randwick is Sydney’s most popular auction suburb this weekend with eight offerings followed by Chatswood, Marrickville and Wahroonga each with seven.
This weekend nearly 900 Melbourne homes are set to go under the hammer - the highest number since the pre-election rush of 901 auctions on June 25.
Saturday’s listings will be significantly higher than the 653 offered last weekend but below the 1046 auctioned over the same Saturday last year.
Auction numbers in Melbourne have fallen away over winter compared to last year with 1732 fewer auctions conducted – a fall of 7.5 per ent over winter last year. 
Melbourne’s weekend auction market has now recorded four weekends with clearance rates above 75 percent for the first time.
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Sydney weekend auction stock down 24 percent year to date

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A surviving Surfers Paradise cottage which has been in the family for more than 50 years has been listed for sale.
Set just 150 metres from the beach, the modest two-bedroom cottage at <a href="https://www.realestate.com.au/property-house-qld-surfers+paradise-122422534" target="_blank">204 Surf Parade</a> sits in a high-density development area near the Crown Plaza resort.
The cottage sits on 405 square metres of land bought for a reputed $8,000 in 1965 remaining through three generations, and transferred in 1984 internally at $40,000. 
McGrath Broadbeach agent Greg Washington and Elizabeth Taylor puts it under the hammer on May 14 on site.
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Rare Surfers Paradise home auction offering

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Sydney recorded a preliminary clearance rate of 69 percent at weekend auctions compared to 67 percent in the prior week.
The weekend’s top performing Sydney sub-region was the Eastern Suburbs with a clearance rate of 87 percent, followed by Sutherland on 84 percent and North Sydney and Hornsby at 80 percent. 
Sales across Sydney ranged from $340,000 for a one bedroom Surry Hills unit to a pre-auction $5.775 million sale of a five bedroom Woollahra house.
CoreLogic RP Data had advised there were 330 scheduled Saturday auctions given reduced school holiday activity. 
Sydney's clearance rate in April last year was well above 80 percent. 
CoreLogic figures have now put the Sydney clearance rate at below 70 percent for the past five weeks after a strong February start. 
Strathfield was Sydney's busiest auction suburb yesterday with the preliminary results showing four of the five offerings finding buyers.
Some 880 Melbourne residential homes were taken to weekend auction with a preliminary clearance rate of 71 per cent, falling from 73 per cent last week and lower than one year ago when it was 79 per cent. 
The busiest auction activity was held in the inner region where 170 homes went to auction and 73 per cent of reported auctions were successful.  
Melbourne's results ranged between a $260,000 Ormond one bedroom flat and $4,375,000 for a <a href="https://www.realestate.com.au/property-house-vic-brighton-122191682" target="_blank">1960s Brighton home</a> (above) on an 830 sqm Middle Crescent block, that reportedly fetched $900,000 over reserve.
The cheapest house was $267,000 at Drysdale, on the outskirts of Geelong.
The REIV noted the Melbourne outer suburbs have seen a significant increase - about 25 percent - in the number of properties sold at auction this year. 
Reservoir had the highest number of auctions listed with 17, followed by Glen Waverley with 13. Of the 15 reported results, only two of the Reservoir offerings did not sell. Some four did not sell at Glen Waverley's 13 results. 
The preliminary clearance rate across Brisbane was 53 percent, up from 47 per cent and also higher than the 46 percent last year.
Some 145 Brisbane auctions were held, but with the two upcoming public holidays, it is expected that Brisbane’s auction market will be relatively quiet over the next two weeks. 
Adelaide saw 99 auctions with a clearance rate of 66 percent.
Preliminary results for Canberra show the clearance rate for this week sitting at 71 percent, sharing the lead as best selling mainland capital with Melbourne.
The nation's cheapest weekend sale was $67,500 for a one bedroom 40 sqm Eagleby villa on the Gold Coast. It last sold at $85,000 in 2010. 
This week saw 1,667 capital city auctions held.
Preliminary results show that 68 per cent of the national auctions were successful, marking the third consecutive week of auction clearance rates below the 70 per cent mark. 
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Melbourne still strong, but Sydney's auction success rate settles sub-70 percent 

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The retired footballer Braith Anasta missed out when a coastal Sydney apartment went to auction yesterday.
But acclaimed Kiwi film director, Dame Jane Campion scored when five of the 10 registered bidders competed for the Tamarama offering.
She managed to sell her 241 sqm investment property for $2.55 million through Bethwyn Richards of McGrath. 
The recenty separated Braith Anasta attended the auction, and was the underbidder at $2,545,000 at the onsite auction held on the apartment balcony.
Anasta attended with his mother, Kim who is downsizing after selling recently at Malabar. Anasta’s long-time friend and real estate agent, Jason Black from Black Lifestyle Property, who did the bidding was reluctant to give any details surrounding the family's attendance. Anasta moved into his mother's house after his separation from Jodi Gordon.
The walkup apartment has three bedrooms, two bathrooms and outdoor terraces and decking.
Bidding opened at $2 million with Anasta's buyers agent lodging a first bid at $2.2 million.
It was indicated as on the market for sale at $2.4 million.
Campion, who was there sitting inside on a white couch, paid $1.2 million for the two level property in 2001. She was heard to say "wow" after the hammer came down.
She retains a home in Paddington, a terrace house bought after she sold her Alex Popov-designed Castlecrag home.
In 1994 she became the first female to win the Palme d'Or, Cannes Film Festivals most prestigious prize.
Campion recently confirmed she would be co-directing and co-writing a second season of drama series Top of the Lake with the action to be filmed in Sydney and Hong Kong.
Jane rose to fame through a series of short films before her feature debut with Sweetie in 1989.
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