<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

Western Australia

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The lower end of Western Australia's south west property market has experienced reduced sales volume and a weakening of values, according to the valuation firm, Herron Todd White (HTW).
First home buyers and investors generally make up the buyer profile for the lower end of the market.
"The market is driven relatively equally by both (of these buyer demographics)," the HTW report stated.
"First home buyers have been stimulated by government rebates, low interest rates and property values in general being the lowest they have been for numerous years.
"These positive indicators have resulted in first home buyers returning to the market."
Competition for the lower market segment is brought by investors who are looking to capitalise on historically stronger rental market that has seen an increase in yields.
Higher yields and low interest rates create a good market for investors and this has strengthened property values.
The report said entry points into the lower end of the market range from $250,000 to $400,000 and for this amount you can purchase either a basic established residence or build a project home in one of the outlying new developments.
These established homes are in general located within closer proximity to the beach than the new developments. Established homes generally offer better capital growth potential, while the new housing market offers better yields, HTW suggested.
The middle segment of the market is also weakening as there are fewer vendors from the lower market looking to trade up. There is still good demand for well presented and well located properties within this $500,000 to $1 million price range.
"As the market is currently soft in the south west it presents opportunity to upgrade the residence as value for money is very good," said HTW.
The buyer profile usually consists of second and third time home owners or investors from Perth looking for a holiday home.
"Unfortunately, the upper end of the market is considerably slower than the lower and middle market segments," the report suggested. 
"Properties in and above $1 million are selling if they are priced correctly, however extended selling periods of six to 12 months are still common.
"This is a reflection of the limited number of prospective purchasers in this price bracket."
Sale numbers in the prestige market over recent months have reduced, especially with job losses in the mining sector. This has put pressure on the prestige property market as high income earners are taking considerable reductions in wages as they relocate.
HTW noted the south west is considered to be a premium holiday destination given its pristine beaches, surf and world renowned wine region.
Prestigious properties scattered throughout the south west, such as Naturaliste, Eagle Bay, Metricup and Yallingup are still recording sale prices regularly in excess of $1 million.
"There is still demand from the wealthy to invest and holiday in the region," stated the report.
"Overall, it is likely the property market in the south west for the remainder of 2016 will be slow.
"The swings of the Perth market during the last several years have been missed in the regions but we would recommend caution as the slow down in the state resource sector, continued weakness in Perth and general economic uncertainty could promote more of a widespread downturn throughout the market."
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jchancellor-FAypfDUnLy

Bottom end of south west WA market on the move: HTW

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The REIWA has released the top 10 most searched suburbs for sale on reiwa.com in 2016 with Canning Vale, Baldivis and Scarborough rounding out the top three.
Of those 10 suburbs, seven were ranked in the top 10 suburbs for sales activity in the three months to June 2016. Nine featured in the top 20.  All 10 suburbs are ranked in Perth’s top 25 suburbs for sales activity in the June quarter.
Most searched top 10
<ol>
<li>Canning Vale</li>
<li>Baldivis</li>
<li>Scarborough</li>
<li>Perth</li>
<li>Morley</li>
<li>Rockingham</li>
<li>Ellenbrook</li>
<li>Dianella</li>
<li>Byford</li>
<li>Thornlie</li>
</ol>
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jonathanchancellor-7SQnKwU6yx

Perth's 10 most searched suburbs for sale

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After CoreLogic recently reported a median house price of $500,000 in Perth, Property Observer went searching for what that got.
In Redcliffe the median price will secure a three-bedroom, two-bathroom house on <a href="https://www.realestate.com.au/property-house-wa-redcliffe-123149214" target="_blank">Victoria Street</a> (above). The five-year-old house features a double-storey garage and built in wardrobes in all bedrooms. 
In <a href="https://www.realestate.com.au/property-house-wa-two+rocks-123133718" target="_blank">Two Rocks</a> the median price will secure a four-bedroom, two-bathroom house on Madeline Court (below). The house sits on a 814 square metre block and features an in-ground swimming pool. 
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%205.30.23%20PM.png" alt=""> 
In <a href="https://www.realestate.com.au/property-house-wa-madeley-121913942" target="_blank">Madeley</a> home-buyers can secure a four-bedroom, two-bathroom home on Bryanston Pass built in 2010 (below). The house sits on a 375 square metre block. 
 <img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%205.31.41%20PM.png" alt="">
In <a href="https://www.realestate.com.au/property-house-wa-baldivis-123376682" target="_blank">Baldivis</a> the median price will purchase a five-bedroom, two-bathroom home on Lagoon Pass (below). The new house sits on 564 square metres of land. 
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%205.33.32%20PM.png" alt="">
In <a href="https://www.realestate.com.au/property-house-wa-waikiki-120886205" target="_blank">Waikiki</a> a six-bedroom, two-bathroom house on Auld Court will set buyers back $500,000 (below). The large property has parking for five cars and 680 square metres of land. 
<img src="/images/2016/08/31/Screen%20Shot%202016-08-31%20at%205.35.50%20PM.png" alt="">
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What the $500,000 median house price gets in Perth

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A $5 billion infrastructure fund and an asset sale strategy announced in the WA Budget has been lauded by the top industry body though it expressed unhappiness with the failure to address the issue of tax reforms. 
”The announcement of a $5 billion infrastructure fund and an expansion of the state asset sale program is essential for the property industry to participate in WA’s economic transition and growth outlook,” Property Council WA executive director Lino Iacomella said. 
“The promised infrastructure fund should also be backed up with a state infrastructure strategy to enable the property investment and development sectors to plan ahead with confidence."
Iacomella added that the council was keen to see the initiatives the infrastructure fund would support, including projects like the Max Light Rail and the federal Smart Cities Plan. 
But the Budget once again missed an opportunity to start tax reform in WA, said Iacomella.
“After three successive years of property tax hikes it is disappointing that the budget has no plan to phase out land tax aggregation, which discriminates against investors that own more than one property. Similarly, this budget does not address the issue of seniors being stung by a hefty stamp duty bill when downsizing or stamp duty equity for off-the-plan property purchases.”
These would help improve housing affordability, promote high quality infill development and boost the economy, said Iacomella.
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WA Budget Infrastructure fund key for property-led growth: Industry body

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The renowned winery and vineyard Salitage estate in WA's Pemberton has been sold for $2.85 million.
The award winning winery was bought by a Western Australia investor.
Located three and a half hour's south of Perth, the 51 hectare landholding comprises a 22 hectare vineyard, predominantly featuring Cabernet Sauvignon, Pinot Noir, Chardonnay and Sauvignon Blanc.
Also on the land is a four bedroom manager's residence, staff accommodation and four two bedroom luxurious self-contained suites.
The property includes a custom-built, state of the art winery over three levels and a cellar door featuring natural timber throughout.
The sale was negotiated by CBRE's Phil Melville and David Kennedy, in conjunction with VNW on behalf of receivers Ferrier Hodgson.
Phil said the sales campaign attracted strong buyer interest from both local and offshore parties.
 
 
 
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jrobinson-rf4aSBido9

Award winning winery Salitage estate sells in WA's Pemberton

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The marketing of Yougawalla Station in Western Australia's Kimberley is set to kick off after a decision by its owners' syndicate headed by media buyer Harold Mitchell and former Seven West Media director Doug Flynn.
The partners have appointed ANZ Banking Group and KPMG Corporate Finance to sell the 1.4 million hectare farm with 44,000 head of cattle with around $70 million tipped. It come with <a href="https://modscape.com.au/projects/kimberley/" target="_blank">Modscape’s sustainable residential designed home</a>.
ANZ's global head of advisory Martin Hanrahan alongside KPMG Corporate Finance partner Sam McClure have the sales task, according to The Australian Financial Review. The Australian suggest $80 million. Harold Mitchell bought Yougawalla in 2008 along with Doug Flynn and the Sale family who expect the Yougawalla sales process will not suffer the same fate at the S.Kidman sale given it does not own land critical to Australia's defence interests. 
Harold Mitchell has criticised Treasurer Scott Morrison's decision to block the sale of Australia's largest cattle property portfolio to foreign buyers calling on local investors to take a greater interest in the country's agricultural sector.
"There are real problems. It shouldn't be handled in this way," he told The Australian Financial Review. 
"We are short on capital and have been for a century and we rely on international co-operation." 
"I am confident that the government would allow us to proceed if the acquirer was a Chinese company or individual," he said.
"[However] they would be concerned if it was a state-owned enterprise but I think that's wrong. The Chinese economy is driven by state-owned enterprises and China is looking out to the world."
Chinese investment firm Genius Link Asset Management is believed to have been the highest bidder for Kidman after rival company Shanghai Pengxin made a $350 million bid for the company. 
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$70 million tipped for Yougawalla Station

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Fossil Downs Station, the jewel of WA's pastoral industry, has been sold by the Henwood family to cattle queen in the making, Gina Rinehart.
Covering almost 400,000 hectares where the Fitzroy and Margaret Rivers meet, the heritage-listed homestead has been dubbed the "<a href="/news/fossil-downs-the-taj-mahal-of-the-kimberleys-listed">Taj Mahal of the Kimberley</a>".
It is located 430 kms to the live cattle export port of Broome and 30 kms to Fitzroy Crossing township. 
Offers closed July 2 for the property with real estate agent Malcolm French telling the West Australian newspaper he had seen nothing that compared to Fossil Downs in 50 years with Elders.
The $30 million sale to miner Gina Rinehart is reported by the paper today, saying interest came from some of the biggest names in the West Australian business world, including Kerry Stokes and Andrew Forrest.
Rinehart's vision for cattle production in the Kimberley through joint venture company Liveringa Station Beef was crucial in winning over Fossil Downs’ owners John and Annette Henwood, who made the gut wrenching decision to sell, ending a family association dating back to 1882.
"I feel an absolute traitor," said <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/radionational/programs/bushtelegraph/annette-mcdonald/5895778" target="_blank">Annette Henwood</a>, who was featured on the farm in a <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/ndp/del/page/4389335?zoomLevel=1" target="_blank">1952 Australian Women's Weekly article</a>.
"I never wanted to be the MacDonald who quit," she said.
Last year, Gina Rinehart's company Hancock Prospecting paid around $40 million for a 50 per cent stake in the Liveringa and Nerrima Stations in the Kimberley, hoping to capitalise on Asia's increasing demand for food.
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Gina Rinehart buys Fossil Downs, the WA's pastoral jewel

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Some 6.7% of resold homes across Perth in the March 2015 quarter were sold for less than the previous purchased price.
The compared to 5.5% the previous quarter and 4.4% a year earlier, according the CoreLogic RP Data pain gain report. 
The 6.7% of resales at a loss is the highest for the city since February 2013. 
The East Fremantle and Peppermint Grove council areas recorded no resales at a loss over the quarter while Belmont (1.7%) and Gosnells recorded less than 2% at a loss. 
But the highest proportion of loss-making resales occurred in the Perth (23.8%), Cottesloe (22.2%) and Mandurah (18.6%) council areas. 
<a href="/images/2015/06/23/700_pain7.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/06/23/700_pain7.jpg" alt="">
</div>
</div>
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po-LsXgBTHBmX

Perth, Cottesloe and Mandurah top WA's biggest property sale losers: CoreLogic RP Data

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The Green Building Council of Australia (GBCA) has awarded the first 6 Star Green Star – Communities rating to a residential masterplanned development at Alkimos Beach, north of Perth.
The first stage of the development, to be delivered by Lend Lease and LandCorp, will comprise 2,000 homes over 240 hectares. Upon completion, the master-planned development will cover 710 hectares.
LandCorp chief executive Frank Marra said the company intends to develop Western Australian residences sustainably.
"We encourage innovation and are delighted that our Alkimos Beach project has been recognised by the nation's authority on sustainable buildings and communities and acknowledged as a world leading development with global significance," said Marra.
The <a href="https://www.alkimosbeach.com.au/" target="_blank">Alkimos Beach development</a> was assessed by GBCA according to innovation, design, environmental sustainability, economic and liveability criteria. The result was announced at the Green Cities conference 2015.
Upon completion, the project will have six hectares of conservation reserves and 41 hectares of dune and foreshore reserves. According to LendLease, houses will be at most 800 metres from the local centre and transport links and 200 metres from a park space.
The masterplanned development will also include WiFi in public spaces.
While Lend Lease has been recognised for sustainability measures in its developments previously, these have largely been in single buildings and fitouts, said GBCA chief executive Romilly Madew.
"This 6 Star Green Star rating for a community project sets the bar for world leadership community development and demonstrates a long-term commitment to sustainability at scale," Madew said.
"We applaud the range of initiatives – from education campaigns to financial incentives to technology – that will help the residents of Alkimos Beach embrace more sustainable living."
"The importance of this rating cannot be understated. Lend Lease, LandCorp and the people of Alkimos Beach now have independent proof that this community will deliver economic, social and environmental sustainability. And the industry has proof that 'world leadership' benchmarks in community development are achievable."
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Alkimos Beach gets tick from Green Building Council

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The property woes of the Pilbara region in the wake of a moving mining economy are well known.
As the iron ore industry moves from the construction phase to the operations phase and commodity prices drop, so too have rents and home prices.
The Pilbara's property boom, a few years ago, saw investors chase after the stream of fly-in, fly-out workers that flooded its major mining towns. The promise of a population spike and an undersupply of properties lured in investors after sky-high rental yields.
There's no doubt that there was once money to be made by investors who purchased in the Pilbara's mining towns, but those who bought in at the height of the boom have lost, and lost big.
According to the Western Australian government's latest Pilbara Residential Housing &amp; Land Snapshot, all three major towns ­– Port and South Hedland, Karratha and Newman ­– have recorded rental declines in the December quarter of 2014, for the fifth consecutive quarter in a row.
Click charts to open in a new window:
<a href="/images/2015/02/19/Picture%2052.png" target="_blank"><img src="/images/2015/02/19/Picture%2052.png" alt=""></a>
Home prices aren't faring much better, for those who are hoping to sell and recover some of the declining rental income with capital growth:
<a href="/images/2015/02/19/Picture%2053.png" target="_blank"><img src="/images/2015/02/19/Picture%2053.png" alt=""></a>
In Port Hedland, rental prices have been declining for even longer ­– the last three months of 2014 marked the ninth consecutive quarter of declines. The average advertised rental price peaked in the September quarter of 2014 at $2,544 per week. In the latest quarter, the average was less than half that: $1,153 per week, a seven year-low.
The graph below shows just how volatile rents have been in Port Hedland, compared with the low steady growth of rents in Perth.
<a href="/images/2015/02/19/Picture%2054.png" target="_blank"><img src="/images/2015/02/19/Picture%2054.png" alt=""></a>
Last week, Port and South Hedland real estate agent Barry Walsh of Jan Ford Real Estate told <a href="/expert-insights/buying/port-hedlands-price-plummet-can-it-recover">Property Observer</a> the mining boom peak prices were unsustainable.
"It was totally unsustainable where it was, and now that it's stabilising, it will bottom out, and is in the throes of doing that," said Walsh.
"It was unfortunate that the market went where it did, to unsustainable and disproportionate price levels."
When workers began to exit the region in mid-2012, leaving a surplus of rental properties and driving down rents, investors followed.
The graph below shows the spike in homes on the market, beginning in the first quarter of 2013.
<a href="/images/2015/02/19/Picture%2055.png" target="_blank"><img src="/images/2015/02/19/Picture%2055.png" alt=""></a>
One of the characteristic features of a single-industry town, particularly ones with a large proportion of investor properties in the market and transient workforces, is volatility. Karratha displays a similar pattern to that seen in Port Hedland, with the number of rental properties advertised rising dramatically in mid-2011, mirrored by a steep decline in advertised rents.
<a href="/images/2015/02/19/Picture%2056.png" target="_blank"><img src="/images/2015/02/19/Picture%2056.png" alt=""></a>
That volatility is largely due to the region's transient workforce, which made up a large segment of Karratha's population and housing demand. According to the <a href="https://www.abs.gov.au/AUSSTATS/abs@.nsf/Lookup/4102.0Main+Features10April+2013#p4" target="_blank">Australian Bureau of Statistics</a>, Karratha's census night population (the people staying in Karratha on census night) increased from 13,257 in August 2006 to 20,061 in 2011. The "usual residence population", however, was only 16,475 in 2011, up from 11,727 in 2006.
Back-of-the-envelope calculations imply that in 2011, around 18% of the people in Karratha were not usual residents – presumably, many of them were fly-in, fly-out workers.
Karratha's home prices show the same pattern as that seen in Port Hedland, implying a stream of exiting investors – around six months after rents started declining, in early 2011, the number of homes on the market began to climb:
<a href="/images/2015/02/19/Picture%2057.png" target="_blank"><img src="/images/2015/02/19/Picture%2057.png" alt=""></a>
Further inland is Newman, where the amount of rental stock advertised began to increase in late 2012 (see graph below).
<a href="/images/2015/02/19/Picture%2058.png" target="_blank"><img src="/images/2015/02/19/Picture%2058.png" alt=""></a>
The <a href="https://www.realestate.com.au/property-house-wa-newman-409944187" target="_blank">four bedroom Newman home in a planned estate</a> pictured below is currently available to rent. Its asking rent has more than halved in the past year: In March 2014, it was advertised at $2,000 per week. That number gradually eroded over the months, and landlords are now asking for $900 per week.
<img src="/images/2015/02/19/newman.jpg" alt="">
2 Hibiscus Way, Newman
They paid $408,146 for the property in 2012. If it's rented at its current asking price, it will yield 11.5%
Newman's property market displays the volatility characteristic of the region.
<a href="/images/2015/02/19/Picture%2061.png" target="_blank"><img src="/images/2015/02/19/Picture%2061.png" alt=""></a>
Whether the Pilbara's property market has stabilized and bottomed out, or will continue to see declines, remains to be seen.
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