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

Rural Sale

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The Hyles family has sold Woodlands, its 1157-hectare grazing property in Bungendore near Canberra for $3.53 million.
It came after more than 150 years of ownership.
Woodlands sold via online auction to an undisclosed buyer with the winning bid $525,000 above the reserve price
The property includes an original four-bedroom 1870s homestead built by Richard Hyles for his Australian wife Jessie, and their 10 children.
The Hyles, who came to Australia from England in 1836, were pioneer settlers in the region.
Woodlands has been passed down through five generations of the Hyles family.
Meares and Associates offered the <a href="https://www.realestate.com.au/property-livestock-nsw-bungendore-7850266" target="_blank">1157 hectare property at online auction</a> on November 15-16.
Situated eight kilometres south of Bungendore with views northwards to Lake George, Woodlands is under three hours’ drive from Sydney.
Although still managed successfully as a commercial grazing operation, based on Merino sheep, the property has obvious potential for subdivision up to a maximum of 14 lots, to meet the steady demand from Canberra for small holdings. 
More than 200,000 pine trees have been planted, either in a 120ha dedicated woodlot or in strategic shelter belts.
Average rainfall is 640mm and the property is watered by 43 dams, an equipped bore and semi-permanent creeks.
As presently managed, “Woodlands” is operated as a woolgrowing concern, with a self-replacing Merino flock of Hazeldean bloodlines producing adult fleeces of 4.5-5kg and 19-19.5 microns.
In recent years a proportion of the ewe flock has been mated to Border Leicester rams to produce first-cross lambs, the ewe portion of which has commanded ready competition at the annual regional summer restocker sales.
The property’s estimated carrying capacity of 2600-3000 DSE offers considerable upside potential, with further investment in pasture establishment and infrastructure.
Bidding for Woodlands had been expected to fetch $2.8 million to $3 million.
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jchancellor-FAypfDUnLy

Woodlands at Bungendore near Canberra sold

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Wine growing land in the Mildura region is catching the eye of big wine companies as a number of large grape vineyards are purchased with the intention of redevelopment into almonds or table grapes according to Herron Todd White.
Herron Todd White's, November rural report said despite no substantial increase expected in wine grape prices for next year, wine companies now feel a need to once again compete to source grapes due to a combination of reduced supply and improving export markets.
"A 60 hectare vineyard at Gol Gol and a 46 hectare vineyard at Wargan purchased by established table grape growers for redevelopment," the report said.
"These sales follow closely behind the sale of the 900 hectare Del Rios vineyard at Kenley which is in the process of being developed to almonds and the 200 hectare vineyard at Nangiloc which is being converted to dried fruit.
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"Further eroding the available supply of grapes is the recent purchase of around 320 hectares of wine grapes in the Sunraysia region by China’s third largest wine maker, Weilong Grape Wine Company. This potentially removes approximately 6,000 tonnes of fruit that has historically been sold to local wineries. Weilong has also negotiated to buy land close to Mildura on which they intend to construct a winery, presumably to process their own fruit, but potentially also buying fruit from local growers.
"The NSW Government has recently announced plans to construct a $320 million pipeline connecting Broken Hill to the Murray River, a distance of 270 kilometres. This announcement followed a period of uncertainty for the 18,000 residents, who have relied on the Menindee Lakes for drinking water. With the lakes having run dry three times in the past 13 years, there is clearly a need to shore up their supply.
"While the decision is no doubt welcome for Broken Hill, it appears to ignore the needs of irrigators below Menindee who were hoping for a policy that would ensure that greater volumes of water would be stored at Menindee in the future."
Property Observer found a 7,339.00ha property with almond and wine grape farms on the market at <a href="https://www.realestate.com.au/property-other-vic-mildura-7695503" target="_blank">1 Thurla Rd Mildura</a>.
The property currently has 565 acres of almonds, 291 acres of premier wine grapes, 16 acres of avocado plants and 250 acres of commercial lucerne.
It also features 2000 acres under spray irrigation for the production vegetables, potatoes &amp; lucerne.
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jonathanchancellor-7SQnKwU6yx

Agricultural diversity driving Mildura land market: HTW

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A significant dairy farm enterprise in the Port Campbell district has been listed by Ruralco for December 9 auction.
The sale is two adjoining farms with a combined land area of 266.35 hectares.
They are currently operated as one single farm unit, while each farm has a comfortable timber family home on the respective properties.
It is located about five kilometres north of the Port Campbell township and seventeen kilometres south of Timboon.
Major milk and cheese processing infrastructure is available nearby, while the farm is currently a Murray Goulburn supplier.
The eastern property fronting Eastern Creek Road comprises an area of 159 hectares and includes a 40-unit rotary dairy dating from 2007 with a 12,000 litre milk vat, 360 cow capacity yard and a 30 tonne capacity feed silo.
The adjoining second holding of 107 hectares also includes an older style 15-a-side double-up herringbone dairy with a 6,200 litre milk vat, a 250 cow capacity cow yard also a 30 tonne capacity feed silo and a Dairy King feed system.
This dairy was last used for milking in August 2013.
It is judged as being ideal for a farm employee or manager by Ruralco Property agent Peter Worden.
The entire property is currently being operated under the management of Simon Richardson, who says he is comfortably milking up to 300 cows, but with some further investment in development this could be increased to about 600 milkers.
Worden says that the auction is to resolve financial matters relating to a corporate owner.
He anticipates a sale price in the region of $2.6 to $2.9 million.
"I think everyone appreciates that the dairy industry has faced difficult conditions in the main beyond the control of the individual family farm or dairy operator," Worden said.
"This auction is to clear a path forwards and under more normal dairy industry conditions offers of this nature would not be occurring."
"Ï think this offer for sale needs to be judged as an opportunity at what is likely to be close to the cyclical low of the industry and this is a well-regarded and highly productive dairy district of Victoria."
The website <a href="https://www.weeona.com.au">www.weeona.com.au</a> has the offering.
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j.ballantyne1990-6AQqhLzZaK

Murray Goulburn milk supplier farms at Port Campbell set for auction

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Denistoun Park, the 28 ha Mornington Peninsula property stabling the horses of Jason Warren Racing, has been listed for sale.
The Tuerong property is located at <a href="https://www.realestate.com.au/property-other-vic-tuerong-7851142" target="_blank">355 Balnarring Road</a>, an hour from Melbourne.
Jason Warren and wife, Yasmin purchased Denistoun Park in 2010.
"It wasn't a decision we took lightly," <a href="https://jasonwarrenracing.com.au/trainer-profile" target="_blank">he told TVN's Jason Richardson</a>.
It is a prime thoroughbred racing property previously leased to horse trainers, the Freedman Brothers.
Set at the end of a towering gum drive, the property offers a 1650 metre irrigated grass track, sand track, 68 stables, 60 meter straight pool, two walkers, sand arena and 60 post and rail paddocks with loose books providing a unique onsite training and spelling options.
It is near Balnarring Beach.
The property is offered through RT Edgar agents Lisa Fraser-Smith and Holly Longmuir.
Offers are due 10 November.
A lease back is possible.
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Denistoun Park at Tuerong for sale

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The international punter and horse racing owner-breeder, Paul Makin and wife Lyndal have paid $4,025,000 for a rural retreat in far New South Wales.
Located between Byron Bay and Bungalow, it's a 14 hectare Talofa ranch style property with larger than usual homestead.
The contemporary four-pavillion, log cabin-style home was built by an American couple, Rebecca and Richard Korhammer. 
It overlooks open paddocks, a dam and mature gardens. Listed through Unique Estates agent Nicolette van Wijngaarden, it had been earning $250,000 per annum in holiday rental income.
Makin, who is almost 80, has been living in Hong Kong but is moving back to be closer to family to Australia. The couple recently sold a $4 million Main Beach, Gold Coast apartment and secured an apartment in Brisbane's Riparian Plaza complex.
Makin, who as a boy sold Sydney newspapers at the Doncaster Hotel, hails from Kensington.
He has seen racing success all over the world.
Starcraft was his best known horse which Makin shipped off to England-based trainer Luca Cumani in 2005.
In half a dozen starts for Cumani, Starcraft won two of Europe's most important mile races, the Prix du Moulin in France and the Queen Elizabeth Stakes in England.
Makin almost retired five years ago, but is back with Marcel, who is at stud at Newmarket, and Marcel’s half-brother who will be trained by Peter Chapple-Hyam, the former husband of expat horse trainer Jane Chapple-Hyam.
This article was first published in the Sunday Telegraph.
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Horse breeder Paul Makin buys Byron hinterland retreat

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Strathvean, in the Eastern Riverina just outside Tarcutta, has been sold prior to online auction by Sydney rural property specialists Meares &amp; Associates.
There had been a price indication of $3.8 million to $4 million.
The purchasers are a farming family from the Murrumbidgee Irrigation Area who intend on moving away from irrigation into livestock production.
This highly intensive and diversified <a href="https://www.meares.com.au/search-properties/details/Strathvean" target="_blank">holding comprises 888.3 hectares (2,195 acres)</a> of predominantly productive arable flats and undulating valley floors, with some timbered ridge lines, making it ideally suited to both breeding and fattening of sheep and cattle.
Strathvean was owned and operated by the Gaskin family for over 25 years and they are now looking to enjoy retirement.
Strathvean had previously carried 400 cows on a self-replacing herd basis, growing out their progeny to 400-480kg liveweight selling direct to Rangers Valley Feedlot. The success of the beef enterprise has over the years been underpinned by the piggery, which todays boasts a capacity of 3,000 grower pigs at any one time.
A feature of the property is the four to six bedroom homestead, originally built in the 1870s, and with extensions completed in 1996-1997. 
Chris Meares said Strathvean received 12 serious enquirers looking to inspect. 
"With the capacity to run 7,000 to 8,000 DSEs, combined with the piggery operation providing the ability to generate serious income from day one proved to be the catalyst for the high number of enquiries and its eventual sale”, Meares concluded.
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Strathvean sold in the Eastern Riverina

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GUEST OBSERVER
Gina Rinehart has partnered with a Chinese company to buy the giant Kidman pastoral empire, after two previous bids by Chinese buyers were rejected by the federal government.
Under the proposed sale Hancock Prospecting and Shanghai CRED are forming a joint venture company, Australian Outback Beef (AOB), owned 67 percent by Hancock and 33 percent by Shanghai CRED.
The sale is worth a net $365 million after the carve out of Anna Creek station in South Australia, valued at about $14-$18 million.
Of three bids for the Kidman land, this is the first with majority Australian interests. The privately owned Shanghai CRED was involved in the earlier bids, both of which were knocked out by Treasurer Scott Morrison. It has recently bought land in Western Australia.
But the offer must run the gauntlet of the federal government’s foreign investment regime which means being examined by the Foreign Investment Review Board, with approval or rejection then up to Morrison. It is also subject to various Chinese government approvals.
It is thought this bid, with its majority local ownership, is likely to be better placed than the earlier ones to navigate the hurdles.
Its 33% foreign ownership is marginally below the 33.9% present foreign ownership – mostly British - of Kidman.
Gina Rinehart is also very close to Deputy Prime Minister Barnaby Joyce, who has been a critic of the Chinese push for Australian land.
The offer is conditional on the sell off of Anna Creek and the Peake, an associated property, to other Australian grazing interests.
Anna Creek overlaps the Woomera test area and security considerations were key to the rejection of the first of the two previous bids, although the total amount of land involved was also a major factor.
The rejection of the second bid came shortly before the federal election, when Chinese investment was seen as an issue.
The Kidman empire has 19 individual properties operated as 12 enterprises, including 10 cattle stations, a bull breeding stud and a feedlot.
It has pastoral leases covering 101,000 square kilometres across South Australia, Western Australia, the Northern Territory and Queensland, and an average herd carrying capacity of 185,000 cattle.
Rinehart, chairman of the Hancock group, said: “Kidman is an iconic cattle business established more than a century ago by Sir Sidney Kidman. It is an operation founded on hard work and perseverance by an outstanding Australian, and it is an important part of Australia’s pioneering and entrepreneurial history.”
The CEO of Hancock, Garry Korte, said the quality of the Kidman herd and channel company properties would complement Hancock’s existing northern cattle properties, and align well with Rinehart’s plans to build a diversified cattle holding in Australia. The Hancock family started their first cattle station in north west Australia.
Principal of Shanghai CRED, Gui Guojie, said partnering with leading local business Hancock had already proved a productive approach and he looked forward to having the opportunity to work with Hancock through the Kidman investment.
The Kidman business went on the market nearly 18 months ago and more than 600 interested parties have held discussions with the sales manager Ernst and Young.
Michelle Grattan is professorial fellow, University of Canberra, and author for The Conversation. She can be contacted <a href="https://theconversation.com/profiles/michelle-grattan-20316" target="_blank">here</a>.
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Scott Morrison to rule on Hancock-Chinese bid for Kidman cattle empire

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The Earl of Stradbroke's rural property, Mt Fyans in the Western District of Victoria is set to be sold for about $34 million.
The mooted buyer is Harmony Beef and Cattle, a company ultimately owned by the major Chinese group He Sheng.
<a href="https://www.realcommercial.com.au/property-commercial+farming-vic-dundonnell-501469923" target="_blank">The Mt Fyans aggregation</a> covers 5900 hectares amassed over 25 years by the Earl, Keith Rous. 
It carries a Black Angus herd of some 2800 breeders and 2000 sheep for prime lamb production.
Its eight bedroom historic homestead was built in the mid-1880s on the back of success of the Geelong brewery.
In 1883 William Cumming commissioned Warrnambool architect Andrew Kerr to design the elaborate homestead, which was completed the following year. An earlier homestead, and woodshed, had featured in a <a href="https://shop.nga.gov.au/cards/greeting-cards/mt-fyans-homestead" target="_blank">Louis Buvelot</a> painting held by the National Gallery of Australia.
One of the largest farms in the Western district of Victoria, Mt Fyans at Dundonnell was offered last year on a walk in walk out basis.
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Earl of Stradbroke set to sell Mt Fyans to Chinese buyers

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It's not just the cane toads coming across the border.
Darren Lockyer, the Brisbane Bronco and Maroon legend, and his wife Loren have bought a weekender property just inside NSW.
Rather than Noosa, Port Douglas or Surfers Paradise, the Brisbane based Channel 9 commentator has spent $770,000 at little known, Crystal Creek.
It got him <a href="https://www.realestate.com.au/sold/property-acreage+semi-rural-nsw-upper+crystal+creek-122377478" target="_blank">a four hectare estate</a> in the lush Northern Rivers district, near Murwillumbah.
It has been an equestrian property featuring a dressage arena, stables and electrified paddocks.
But Lockyer tells me he and wife, Loren have other plans for their family of three boys.
"We intend to use the property as a hobby farm for our children including quad bikes, motorbikes and farm animals”
There's a three bedroom main homestead and separate one bedroom accommodation. 
They have done well as the property had been on and off the market for over five years. It's initial asking price was $1 million.
Northern Rivers agent Wally Trankle says the buying interest from north of the border had increased as roadworks made the travel time to Brisbane a quicker trip for weekenders.
In recent times the NRL star has become a property mogul since his 2011 retirement, although he's been interested in property since he was a 16 year old apprentice builder. 
During a mid-90s overseas tour with the Kangaroo's he got up at 2.30am the morning of a test match to participate an auction over the phone.
It worked out well for the versatile five eighth, who secured the house over the phone and the team won the test.
Darren has owned in New South Wales before. He had a Hillsdale investment property that he sold for $900,000 off the market in January this year.
Lockyer, now a rugby commentator, is considered one of the most successful players in history.
He closed the book on a glittering career in 2011 having won four grand finals, a record six consecutive State of Origin series wins and a World Cup in his 17 year career. 
It's not all one way traffic into northern NSW. Melbourne Storm star Billy Slater and wife, Nicole sold their redundant Byron Bay hinterland retreat earlier this year.
He had rarely found time to visit let alone renovate.
Some of the Crabbes Creek locals were hoping for a rugby academy, but Slater instead took the bullish $1.375 million offer.
Slater had told the Telegraph in 2014, he fancied himself settling down on the 36 hectare property to train a few horses as a hobby.
This article was first published in the Saturday Daily Telegraph.
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NRL's Darren Lockyer buys NSW weekender

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A 17,000 acre mixed farming station holding, one of the largest in Victoria’s Western District, has been sold for an undisclosed amount with the buyer emerging as Laguna Bay Agricultural Fund 1.
Reports suggest the sale was for around $20 million. Laguna Bay is a specialist small Australian agricultural assets fund manager which invests on behalf of US pension fund giant, the Washington State Investment Board and other investors.
The property, Banongill Station, is 8km from Skipton and 45 minutes drive from Ballarat includes 30,000 sheep, 2,400 Angus cattle, a full complement of station plant and equipment, and 3,700 acres (1,500ha) of winter cereal cropping land.  
The off market sale was managed through Colliers International’s national director of Rural &amp; Agribusiness, Shane McIntyre on behalf of private owners Stewart and Sue Gull.
McIntyre said Laguna Bay secured Banongill Station as they recognised it to be a ‘best in class’ rural property,” he said.
Vendor Stewart Gull said when he bought Banongill, the wool market was very depressed, so we thought it was important to have diversity and in particular, a stronger focus on cropping.
 “In our first year here, the only revenue was the wool cheque, we have created a balance of wool, fat lambs, beef and cereals. We have continually tweaked each of the areas in search of improvements, including the genetics of our sheep and cattle," he said.
The Banongill Station homestead was established in 1853, when it was separated from Borriyalook station, owned by pastoralist and philanthropist Francis Ormond, the founder of the University of Melbourne's Ormond College.
The original 1853 bluestone cottage forms part of the kitchen in the more recent 1905-built homestead.
It is surrounded by 5 hectares of landscaped show gardens designed by William Guilfoyle, the designer of the Royal Botanic Gardens.
There were rumours in 2012 that the RIFA group were negotiating to buy Banongill Station, but these were denied by the former VFL footballer turned Ballarat property developer Stewart Gull.
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