<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;

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</main>

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

Residential Sales

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Sydney has had three consecutive weeks of auction clearance rates below 70 percent with the local market tracking at its lowest since December 2015 according ot Domains Andrew Wilson.
He said Sydney recorded a clearance rate of 69.5 percent on Saturday, which was almost the same as the 69.6 percent recorded over the previous weekend but again lower than the 74.1 per cent recorded over the same weekend last year. 
"Saturday was the lowest clearance rate recorded this year," he said.
"A total of 748 homes were listed for auction at the weekend, which was slightly lower than the previous weekend’s June record 793 but well ahead of the 631 auctions over the same weekend last year. 
"Given unprecedented winter supply, clearance rates still close to 70 per cent reflect underlying demand for property in Sydney."
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jonathanchancellor-7SQnKwU6yx

Sydney's lowest clearance rate recorded this year: Andrew Wilson

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The acclaimed fashion designer Alannah Hill secured the sale of her chic white washed St Kilda West terrace which went to weekend auction.
The turn of the century Boom Style Victorian home drew just the one bidder, with the <a href="https://www.realestate.com.au/sold/property-house-vic-st+kilda+west-125546586" target="_blank">Mary Street three bedroom house</a> passed in at $2.325 million.
But Marshall White agents Adrian Wood and Michael Paproth sold it for an undisclosed higher price soon after.
Hill had paid $1,905,000 in 2013 then renovated the house in her signature style, draping it in marble, plenty of pink and chandeliers.
She was reluctantly selling because it was too big for her and her son.
Alannah took to Facebook to express her delight.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/06/19/Alannah.jpg" alt="">
<a href="https://www.realestate.com.au/property/49-lisson-gr-hawthorn-vic-3122" target="_blank">A $7.65 million sale of a heritage home in Hawthorn</a> was the nation's top weekend auction result, on a weekend when Melbourne cemented its dominance over Sydney.
The four bedroom singe storey Lisson Grove had last sold 20 years ago at $1,225,250, reflecting close to 10 percent annual price appreciation.
There were extensive renovations in 2010 at the 1700 sq m property which came with tennis court.
After an opening bid of $6 million, there were the five bidders who took the offers to an on-the-market $6.7 million.
There had been seven bidders at its 1997 auction but only two were prepared to pay beyond $1.1 million.
Across Australia auction volumes rise to 2,407 returning an initial clearance rate of 69.6 per cent.
It is the third week in a row now where the combined capital city clearance rate has trended below 70 percent.
At the same time last year, auction volumes were lower than this week, with 2,183 properties taken to auction and a clearance rate of 67.4 percent.
The long weekend final clearance rate sat at 67.8 percent, recording the lowest clearance rate year to date, across the reduced holiday weekend 1,279 capital city auctions volume.
Sydney’s preliminary auction clearance rate was 72.4 percent this week, an improvement in the rate after last week’s final result saw the clearance rate drop to 67.7 percent.
"However as more results are collected it’s likely Sydney’s final clearance rate will again slip below the 70 percent mark," Kevin Brogan, the CoreLogic auction analyst said.
One year ago results show that 73.4 percent of Sydney homes taken to auction were successful, he noted.
Sydney's volumes were higher, up to 906 from 619 last week and one year ago when 768 Sydney homes were taken to auction.
The Eastern Suburbs sub-region of Sydney has shown the strongest performance so far this week, with 85 per cent of the 60 reported results selling including a $6 million South Coogee home, which sold for $2 million above reserve at <a href="https://www.realestate.com.au/property/2-denning-st-south-coogee-nsw-2034" target="_blank">2 Denning Street</a>. 
Melbourne’s auction results have also moderated, however the clearance rates remain well above 70 percent, "indicating some resilience in selling conditions relative to Sydney," CoreLogic's Kevin Brogan said.
Melbourne's preliminary auction clearance rate of 72.2 percent across 1,121 weekend auction included the nation's cheapest when $195,000 was paid for a one bedroom West Footscray flat.
<a href="https://www.realestate.com.au/property-apartment-vic-west+footscray-125522966" target="_blank">The 16/7-9 Hatfield Court unit</a> offered through Biggin &amp; Scott last sold at $38,000 in 1997.
Last week, Melbourne’s final clearance rate was recorded at 75.9 percent across 389 auctions.
This time last year, 1,085 properties were taken to auction across Melbourne and a clearance rate of 68.3 percent was recorded.
Sales included The Seekers’ manager Graham Simpson and his writer wife Jacqui selling their Hampton home of 15 years for $2.1 million.
<a href="https://www.realestate.com.au/sold/property-house-vic-hampton-125529654" target="_blank">The Wave Street, Hampton 1911 Edwardian offering</a> had three bidders who took the sale price<a href="https://www.realestate.com.au/sold/property-house-vic-hampton-125529654"> </a>$80,000 past reserve.
It last sold at $786,000 in 2002.
There were 150 Brisbane homes taken to auction this week, with a preliminary clearance rate of 49 per cent, down from 52.2 per cent last week but higher than one year ago, when 45.1 per cent of the 120 properties taken to auction were successful.
Brisbane's top sale was when $2.5 million was paid by southerners for <a href="https://www.realestate.com.au/property-house-qld-yeronga-125496342" target="_blank">71 Ormadale Rd, Yeronga</a>.
The architecturally designed contemporary home was set on a riverfront 959 sqm lot.
The buyers, Paul and Dawn Burgoyne had spent the past three weeks looking for a Brisbane base, seeking out Brisbane's forgiving cold season.
“Brisbane winters are just the best, so the plan is to basically run two homes — six month of the year up here and six months back home in Melbourne,” Mr Burgoine told The Courier Mail.
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j.ballantyne1990-6AQqhLzZaK

Fashion designer Alannah Hill sells St Kilda West terrace

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Glen Waverley leads the top auction location in Victoria this week, according to the REIV.
The REIV expects around 1,030 auctions across 326 suburbs this weekend with 16 auctions in Glen Waverley, 14 in Richmond then Mount Waverley, Reservoir, and St Albans with thirteen auctions in each.
<a href="https://www.propertyobserver.com.au/images/2017/06/16/Screen%20Shot%202017-06-16%20at%2010.21.04%20AM.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/06/16/Screen%20Shot%202017-06-16%20at%2010.21.04%20AM.png" alt="">
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Glen Waverley Victoria's busiest weekend auction location: REIV

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Expressions of interest remain open on a number of properties for sale in Sydney's Millers Point under Property NSW sell off.
The properties include 30 Lower Fort Street – 4 Trinity Avenue, 42 Lower Fort Street, 46-46A &amp; 50-56C Gloucester Street closing 22 June 2017.
Some 14 apartments were listed as part of the Property NSW sales program in late May following the sale of two split-level apartments on Gloucester Street.  
Of the recent listings, 33 three storey apartments, located between 30 Lower Fort Street and 4 Trinity Avenue, were built by the Sydney Harbour Trust around 1910 to house wharf labourers, storemen, stevedores and gasworks hands.
For more information, <a href="https://rediscovermillerspoint.com.au/" target="_blank">click here</a>.
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EOI closes late June for latest Millers Point listings

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Sydney's 'fading' winter auction market will take a break for the Queen’s Birthday holiday weekend with over 400 homes are set to go under the hammer this Saturday according to Domain's Andrew Wilson.
He said this is predictably well down on last weekend’s June record of 789 auctions but significantly higher than the 284 listed over the same holiday weekend last year.
"Sydney’s south will host the most number of auctions this weekend with 54 closely followed by the upper north shore with 53, the west 46, the lower north 42, the inner west 41, the south west 38, the city and east 32, Canterbury Bankstown and the north west each with 25, the northern beaches 21, the central coast 13 and the Blue Mountains with just 1 auction scheduled on Saturday," he said.
"Lane Cove North is the most popular suburb for auctions this weekend in Sydney with 8 followed by Pyrmont 7, Bexley, Liverpool and Cremorne each with 6 and a number of suburbs with 5 auctions listed including Bankstown, Ryde and Dee Why."
"Over 250 homes are set to go under the hammer this Saturday in Melbourne which will be predictably well down on last weekend’s June record 1045 auctions conducted but similar to the 265 listed over the same holiday weekend last year.
"Melbourne’s west remains the most popular region for auction activity this weekend with 65 listings and well ahead of the south east with 40.  The north east and the outer east follow with 35 each with the inner east 25, the inner city and the north each with 16  and the inner south with 15 auctions listed.
"St Albans is the top suburb for auctions on Saturday with 8 followed by Reservoir and Noble Park each with 6 and a number of suburbs with 5 auctions scheduled including Craigieburn, Dandenong North, Melbourne and Rowville."
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Sydney's 'fading' winter auction market taking weekend break, Melbourne paused

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The majority of respondents to a new survey believe foreign investors are the greatest factor pushing up house prices.
The survey of 1006 Australians conducted on behalf of non-bank lender State Custodians Home Loans, found 69% of those aged 50 plus believe so, 54% of Gen X, and 49% of Gen Y.
Some 60% of respondents in New South Wales considered foreign investment as the greatest factor in pushing up house prices, 63% in Victoria, 50% in WA, 54% in SA and 56% in Queensland. 
Out of survey, 32% believe current low interest rates are merely encouraging more cashed up buyers into the market, driving up prices even further.
Joanna Pretty, general manager of State Custodians, said the collective impact of so many forces at work is what’s really contributing to the housing affordability crisis, rather than any one thing in particular.
“It’s the perfect storm of numerous factors coming together which is shaping the market we are experiencing today,” she said.
“The budget changes will go some way to help regarding foreign investment levels, but then the other factors still exist. There is still a lot of work to be done regarding affordability in general.”
"Other major concerns relate to population issues.
"Some 42% of people believe that over population in major cities is pushing up demand.
Another 28% also feel there’s not enough overall housing stock on offer for the amount of people looking, the survey found.
“It is definitely tough to buy in metro areas these days in the larger cities, especially if you’re struggling to make ends meet on your current wage," said Pretty.
“There is currently a lot of competition with limited stock.
"Plus, the deposit requirements are significant, even if you’re an expert saver. 
“Unfortunately buying your ‘forever home’ right off the bat is not always a feasible or quick option like it has been in the past.
"People who are competing for limited stock need to be open to suggestions on how to move forward.
“Look at different types of investing options. For example, if you don’t want to move from your neighbourhood, consider renting there and buy an investment property elsewhere. Make sure you’re constantly scouring real estate sites and be on good terms with local agents so they can alert you early on if something in your price range pops up.
“Also seek out advice from lending experts about areas you are interested in and how much you can borrow. Make sure your finances are sorted out prior to your search starting so you can truly understand your limit.”
Other factors Australians feel are increasing house prices are negative gearing incentives for property investors (41%), and high costs like stamp duty and capital gains tax putting homeowners off selling and buying, thereby limiting homes for sale (35%).
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Survey finds majority believe foreign investors the greatest factor for house price rises

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Sydney set a new record for June house auctions with 789 home going under the hammer over the weekend, according to Domain's Andrew Wilson.
Sydney holds a preliminary auction clearance rate 74.3 percent from the weekend listings.
Domain's Andrew Wilson said the hot winter weekend significantly surpassed the previous record set of 670 on set on June 20 2015.
"The previous weekend’s clearance rate was 75.9 percent, and over the same weekend last year it was 80.1 percent," he said.
"It was the third consecutive decline in weekend results with the local market now tracking well below the 79.3 percent average weekend rate recorded over the autumn selling season. 
"Sydney recorded an overall auction clearance rate of 71.6 percent in May which was lower than the 73.3 percent recorded over April but higher than the 69.4 percent reported over May last year.
"Auction listings averaged 858 each weekend over May which was well ahead of the 709 recorded over April and the 637 listed over May last year.
"The May listings result was also a record for that month.
"It’s only the first weekend of the month and already the record has been broken for the most auctions listed and the most properties sold in June.  
"The Melbourne market continues to be deluged by a flood of auction listings with 1045 homes going under the hammer on Saturday – well ahead of the previous record of 955 set on June 18, 2016.
<div class="in-content-ad">"The city recorded a clearance rate of 75.9 percent at the weekend, which was lower than the 76.6 percent the previous weekend but higher than the 74.4 percent recorded over the same weekend last year.</div>
"Saturday’s clearance rate was the second consecutive year low result, with the local market now tracking well below the 79.5 percent average weekend rate recorded over the autumn selling season. 
"Melbourne recorded an overall auction clearance rate of 75.1 percent in May, compared with 75.9 percent recorded in April and 70.3 percent reported in May last year.
"Auction listings averaged 974 each weekend over May, which was well ahead of the 768 recorded in April and the 862 listed in May last year.
"The May listings result was also a record for that month. Over the first five months of this year 14,987 homes have been listed for auction in Melbourne, which is an increase of 14.3 percent on the same period last year."
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Bumper Saturday for Melbourne, Sydney residential auctions

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A residential Potts Point car parking space, in inner Sydney, fetched $222,000 at weekend auction, which the Di Jones selling agent declared “top dollar”.
Bidding opened at $120,000 for <a href="https://www.domain.com.au/101-45-53-macleay-street-potts-point-nsw-2011-2013605721" target="_blank">the 16 square metre undercover space</a> (above) in The Chimes apartment block.
There were two of the five registered parties still bidding from $180,000 onwards.
Another standard car space had sold nearby earlier this year at $190,000 with a larger 26 sq m car space fetching $264,000 two years ago.
The successful bidder has resided in Potts Point for two decades and intended the car spot for his personal use, The Sunday Telegraph reported.
The 10-storey, 80 unit Macleay Street strata studio block was built in the mid 1960s when the standard EJ Holden cost the equivalent of $2000.
The car space was among the first week of winter offerings, but not the cheapest. 
A three bedroom house at Smithfield - offered as a renovator's dream - sold for $142,500 as Adelaide’s and the nation's cheapest weekend auction sale.
Built in 1980 it last sold in 1995 for $56,000.
Featuring three bedrooms, the property at <a href="https://www.realestate.com.au/property-house-sa-smithfield-125500850" target="_blank">19 Adaluna Crescent</a> had $110,000 price guidance.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.29.18%20AM.png" alt="">
The onset of winter saw auction volumes fall across the country.
Some 2,545 homes were taken to auction, compared to 2,885 the previous weekend, according to CoreLogic’s latest report.
The property data firm says that the preliminary clearance rate across the combined capital cities was higher (73.9 per cent) compared with last week’s finalised result, which was the third lowest clearance rate so far this year (71.3 per cent).
With auction clearance rates typically revising lower as more results flow through, the final clearance rate is likely to be lower than what was recorded last week, CoreLogic auction analyst Kevin Brogan said.
Every city had a higher clearance rate than the same weekend last June.
At the same time last year, both the combined capital city clearance rate and the number of auctions were lower, with 2,008 auctions held and 68.2 per cent reported as successful.
The two largest auction markets, Melbourne and Sydney, saw their preliminary clearance rates rise compared with last weeks finalised results, with Sydney at 77.5 per cent and Melbourne at 75.4 per cent.
Across the smaller capital city markets, week-on-week results show mixed results with clearance rates falling in Brisbane and Canberra.
Across Melbourne, 1,181 homes were taken to auction and preliminary results show a clearance rate of 75.4 per cent, increasing from last weekend when the final clearance rate fell to 74.2 per cent across 1,366 auctions, the lowest clearance rate for the city so far this year.
At the same time last year, Melbourne’s clearance rate was 71.1 per cent, with 970 auctions held across the city.
Looking at Melbourne’s sub-regions, the West region was the best performer in terms of clearance rates, with a 83.5 per cent success rate.
The top weekend sale was a 1970s Hawthorn house for $5.51 million.
Located at <a href="https://www.realestate.com.au/property-house-vic-hawthorn-125400526">17 Fairview Street</a>, (below) the 760 sqm property marketed as suitable to be redeveloped was snapped up by a Chinese buyer who will demolish the five bedroom brick home, Fairfax Media reported. 
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.30.27%20AM.png" alt="">
With views overlooking Fairview Park, Yarra River and CBD, it was last sold in 2007 for $2.8 million.
There was a record price paid in Fitzroy when a couple from Boroondara with three young children secured Fitzroy House at <a href="https://www.realestate.com.au/sold/property-house-vic-fitzroy-125390094">43 Gore Street </a>with a $4.9 million bid.
It at almost $900,000 more than the suburb’s previous record of $4.011 million set by 17 Bell Street last year.
It was sold by Madman Entertainment co-founder Paul Wiegard and his wife Sarah, who spent about $2 million renovating the three-level 1854 house, which cost $2.1 million in 2008.
It was built for surgeon Thomas Embling.
Sydney’s preliminary auction clearance rate increased to 77.5 per cent from 72.7 per cent last week, while auction volumes were lower this week with 1,000 homes taken to auction, compared to 1,101 last week.
At the same time last year, both the clearance rate and auction volumes were lower with 692 homes taken to auction and a clearance rate of 72.9 per cent.
Sydney's top sale was an art deco Russell Lea house sold for $5.15 million with six bidders registering at the auction.
Located at <a href="https://www.realestate.com.au/property-house-nsw-russell+lea-125413062" target="_blank">26 Clements Street</a>, the P&amp;O style residence sits on a double block that overlooks Iron Cove Bay.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.32.12%20AM.png" alt="">
Designed in 1939 by Guy Crick, it was marketed as having potential to renovate or develop through Warwick Williams Real Estate agents Adrian Sereni and Warwick Williams.
There were 146 auctions held across Brisbane this week, down from 162 last week, but higher than one year ago (130).
Preliminary results show that 51 per cent of Brisbane auctions were successful this week, up from 52.2 per cent last week, while one year ago 48.2 per cent of auctions were sold.
A two bedroom timber Woodridge house sold for $241,000 making it Brisbane’s most cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/property-house-qld-woodridge-125467238" target="_blank">72 North Road</a> (below), the 875 sqm parcel holding last sold in 1986 for $39,000.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.33.32%20AM.png" alt="">
A total of 107 auctions were held in Adelaide this weekend, down from 112 last week, and up from 98 last year.
Preliminary Adelaide results for the weekend show 63.4 per cent sold, up from 57.6 per cent last week. 
An Aldinga Beach beachfront reserve house sold for $1.45 million.
Located at <a href="https://www.realestate.com.au/property-house-sa-aldinga+beach-125424530" target="_blank">210 Esplanade</a>, the 1800 sqm property is just steps away from the beach, 50km from Adelaide CBD, and a short drive to McLaren Vale.
<img src="https://www.urban.com.au/images/2017/06/04/Screen%20Shot%202017-06-05%20at%208.34.32%20AM.png" alt="">
Modernised since built in 1965, it was last sold in 2009 for $1.175 million and in 2002 for $680,000.
Across Perth, preliminary results show 58.3 per cent of the 12 reported auctions were successful, while one week ago 50 per cent of Perth auctions were successful and one year ago just 13 per cent were sold.
There were 78 auctions held in Canberra this week and the preliminary clearance rate was 71.9 per cent, down from 73.8 per cent last week and similar to one year ago (71.1 per cent).
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Potts Point parking space amongst weekend auction highlights

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Architect Alexander Symes has listed his environmentally minded Blackheath retreat, dubbed the Up-Cycle House.
The Blue Mountains house restoration at <a href="https://www.realestate.com.au/property-house-nsw-blackheath-125378270" target="_blank">12 Waragil Street</a> was driven by the philosophy of instead of demolishing an old home which has 'reached the end of its lifecycle', it can be 'up-cycled'.
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.02.25%20AM.png" alt="">
Glebe-based Alexander Symes up-cycled the house, influenced by Scandinavian design, to create a sustainable and functional design and living.
The sculptural entrance of the house is accessed via railway sleepers and the floor throughout the house is a colourful mosaic of tiles. 
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.03.08%20AM.png" alt="">
Modern House agency have a price guide between $575,000 and $595,000.
The modest house in the Blue Mountains cost Symes $200,000 in 2008 using the First Home Owner Grant.
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.03.54%20AM.png" alt="">
"The existing building’s shortcomings included its thermal envelope and the relationship between indoor and outdoor spaces, and it needed a lot of maintenance and care," he noted.
Over the course of eight years, Symes, with assistance from family and friends, handcrafted the aging dwelling into an up-cycled three-bedroom, two-bathroom family home that explores best practice in sustainability.
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.04.34%20AM.png" alt="">
His philosophy for the home was simple. If it ain't broke, don't fix it; if it is broke, fix it with recycled materials that explore best practice in sustainability.
The 104 square metre freestanding home on a 417 square metre parcel has three bedrooms, two bathrooms and a rear fire-pit entertainment area.
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.05.53%20AM.png" alt="">
A large open-plan living space runs the full width of the house
The structure is predominately insulated brick with a flat metal roof and incorporating eco technologies as architectural features.
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.07.19%20AM.png" alt="">
The Solar pergola at the entrance provides shelter and generates power from the 1 kilowatt grid inter-tie porto-voltaic system.
Symes says he seeks a poetic approach to how an environment is experienced.
<img src="https://www.urban.com.au/images/2017/05/31/Screen%20Shot%202017-05-31%20at%2011.06.34%20AM.png" alt="">
With over 12 years experience working previously for practices including Arup, including an Austinmer beach house.
This article first appeared in the Sunday Telegraph.
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Architect Alexander Symes lists Blackheath retreat Up-Cycle House

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The former Collingwood ruckman Josh Fraser failed to sell his Hawthorn home at weekend auction.
Despite competition between two bidders, <a href="https://www.realestate.com.au/property-house-vic-hawthorn-125302466" target="_blank">the three-bedroom house </a>(above) passed in at $1.87 million after the slow auction kicked off at $1.7 million.
The reserve was $1.975 million, with later negotiations seeing the top offer increased to $1.885 million, the agent told The Herald Sun.
Baltic pine floorboards and an exposed brick open fireplace were design features.
Auctioneer Anton Zhouk said Fraser had updated the bathroom in 2007 and Fraser was looking to upsize in the local area with wife Kylie Sutcliffe and their two children.
Fraser, currently the development coach at Cartlon Football Club, spent $610,000 on the classic Victorian home in 2002 when it was bought from then team mate, Nathan Buckley who had paid $390,500 three years earlier.
The top weekend sale across the nation was a two bedroom apartment in one of Sydney’s tightly-held apartment blocks that sold for $8.715 million.
Located at <a href="https://www.realestate.com.au/property-apartment-nsw-sydney-125351338" target="_blank">2502/2 Philip St</a>, (below) The Quay offering sold to the neighbours, according to the Sunday Telegraph.
<img src="https://www.urban.com.au/images/2017/05/28/Screen%20Shot%202017-05-29%20at%208.40.29%20AM.png" alt="">
It was $965,000 above reserve with through Ettiene West of Morton advising four of the 10 registered bidders got to participate.
The 25th floor apartment that overlooks Circular Quay and the Botanic Gardens last sold in 2009 for $7 million and in 1998 for $4 million.
The 253 sqm space had been partially refurbished.
A villa unit at Sunshine in Melbourne sold for $245,000 to rank as the nation's cheapest weekend auction sale.
Located at <a href="https://www.realestate.com.au/sold/property-unit-vic-sunshine-124099310" target="_blank">4/136-140 Wright Street</a>, (below) the one bedder offered through Douglas Kay Real Estate has been a $250 a week rental until November.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/28/4_136-140%20Wright%20Street.jpg" alt="">
The neighbouring one bedroom villa had sold two months ago at $242,000.
The national weekend preliminary auction clearance rate remains strong despite last autumn auction volumes increasing marginally, according to CoreLogic.
The property data firm says that Melbourne had the highest preliminary clearance rate at 77.3 percent, one of four capitals with success rates in the 70s.
The auction activity across the capital cities increased slightly this week, up from 2,824 last week to 2,850 this week, while this time last year auction volumes were lower, with 2,480 homes taken to auction across the combined capital cities.
This week’s preliminary average clearance rate across the combined capitals was 74.6 percent, increasing from 73.1 percent over the previous week and up from 67.7 percent one year ago.
There were 1,350 Melbourne auctions this week, making it the busiest capital city. Across the 1,155 reported results, 77.3 percent were successful this weekend.
The number of auctions held and the clearance rate across Melbourne this week were very similar to last week, when 1,326 auctions were held and a clearance rate of 77.9 percent was recorded.
"Interestingly, the clearance rate in Melbourne is yet to fall below 75 percent so far this year," CoreLogic auction analyst Kevin Brogan said. 
The weekend's strongest performing Melbourne sub-region was the Outer East with 88.8 percent of auctions clearing.
Melbourne's top sale was a four bedroom house at Canterbury at $4.75 million.
The 1996-built <a href="https://www.realestate.com.au/sold/property-house-vic-canterbury-125355394" target="_blank">Parlington Street</a> (below) offering, last sold in 2010 for $3.15 million, sits on a 967 sqm of landscaped gardens with pool.
<img src="https://www.urban.com.au/images/2017/05/28/Screen%20Shot%202017-05-29%20at%208.42.42%20AM.png" alt="">
Some 1,086 Sydney homes were auctioned over the past week with preliminary results showing 76.2 percent were successful, increasing from 74 percent last week across 1,075 auctions.
One year ago, 811 auctions were held across Sydney and a clearance rate of 73.2 percent was recorded.
Ryde recorded the strongest Sydney clearance rate of 90.9 percent across 46 auctions, followed by Sydney's inner West at 88 percent.
There were 159 Brisbane homes taken to auction this week, with 109 results reported so far. The top sale was when Ray White sold a four bedroom house at Spring Hill for $1.452 million.
Located at <a href="https://www.realestate.com.au/property-house-qld-spring+hill-125367634" target="_blank">429 Gregory Terrace</a>, (below) the three level property had been renovated since last sold.
<img src="https://www.urban.com.au/images/2017/05/28/Screen%20Shot%202017-05-29%20at%208.43.50%20AM.png" alt="">
Brisbane's preliminary clearance rate was 56 percent, up from 46.3 percent last week and stronger than one year ago, when 41.7 percent of the 192 properties taken to auction were successful.
Adelaide recorded a clearance rate of 54.9 percent across 111 auctions this week, down from 62.9 percent across 116 auctions last week.<a href="https://www.propertyobserver.com.au/images/2017/05/28/Screen%20Shot%202017-05-28%20at%2010.40.34%20am.jpg" target="_blank"> </a>
At the same time last year, 125 Adelaide homes were taken to auction, with 52.6 percent recording a successful result.
In Perth, 46 auctions were held this week, and of the 14 reported results, 71.4 percent were successful.
Last week, 50 auctions were held and the clearance rate was a lower 35.3 percent.
This time last year, 58 auctions were held and a clearance rate of 30.6 percent was recorded.
Canberra’s clearance rate of 75.9 percent across 93 auctions, up from the previous week, when 83 auctions were held and a clearance rate of 74.4 percent was secured.
Over the same weekend last year, the clearance rate was 70.5 percent when 109 auctions were held.
A six bedroom 1961 Red Hill house sold for $1.612 million was the top sale.
Located at <a href="https://www.realestate.com.au/property-house-act-red+hill-125325626" target="_blank">23 Scarborough Street</a>, (below) the 1297 sqm property has retained much of its original features.
<img src="https://www.urban.com.au/images/2017/05/28/Screen%20Shot%202017-05-29%20at%208.44.49%20AM.png" alt="">
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