Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Joel Robinson

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Whitsundays

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Iluka, a luxury holiday rental on Hamilton Island, has been listed for sale at $4.25 million. 
The residence was designed by leading Whitsundays architect Chris Beckingham, with the key concept to accomodate two families.
It has two separate lounges, even two outdoor showers.
<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/2017/11/28/Iluka2.jpg" alt="">
Its infinity edge black pool looks like a billabong.
The <a href="https://www.realestate.com.au/property-house-qld-hamilton+island-126638766%20" target="_blank">five bedroom house</a>, which fetches to $1,900 a night in peak season, is booked out for the next three months.
During Audi Hamilton Island Race Week, a minimum eight night stay reaps around $16,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/28/Iluka3.jpg" alt="">
Wayne Singleton at Hamilton Island Real Estate is marketing the property as the ultimate in luxury and privacy.
Beckingham, a Buddhist architect, also designed the largest mansion in the Whitsundays.
That home spans two amalgamated blocks, next door to the late Beatle George Harrison's former holiday home.
Whitsundays Waters, a newly renovated home long considered one of Hamilton Island's premier properties, has also hit the market. It is for the first time in 20 years.
The north-west facing home was originally built in 1997, then rebuilt eight years ago, with a renovation undertaken just two years ago.
Set on Whitsunday Boulevard, the five bedroom, four bathroom spans over 800 sqm across two levels, with an oversize wrap around verandah making the most of the panoramic vista.
Outside there's a lagoon-style freshwater pool and poolside cabana on the 2000 sqm parcel along with a one bedroom, one bathroom caretakers cottage.
The listing through Wayne Singleton and Boyd Jackson at Hamilton Island Real Estate comes with two golf buggies - a necessity to travel around the carless Hamilton Island.
It comes with an asking price of $6.7 million, which includes all of the contemporary furniture.
The home has been obtaining income of $1,650 a night in the holiday rental market, according to Singleton.
Whitsundays Waters joins a long list of Hamilton Island trophy homes on the market.
Currently there's No City Limits, Southwinds, Jasmine House, Point Blue and Papillon, all on the market for over $3 million.
This article first appeared in the Weekend Australian.
 
 
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jrobinson-rf4aSBido9

Luxury Hamilton Island holiday rental Iluka for sale

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Victor Island in the Whitsundays is on the market for $3.5 million.
Vendors Paul Sullivan and wife Megan <a href="https://search.savills.com/en-com/property-detail/aus0000025074#/r/detail/AUS0000025074" target="_blank">purchased the island two years ago</a> and have since renovated.
It features a four-bedroom beach cottage on three hectares facing the Coral Sea
Wayne Holmes, Savills Residential lead agent said the island, situated about 50km south of Hamilton Island, said the asking price includes all furniture, equipment, the boat, tractor and more.
"The new owners could easily get DA approval for another house on the island, which would be ideal for family and friends, or to rent out as a holiday home, meaning it could also generate more income alongside the B&amp;B,” he said.
Vendors Paul Sullivan said when he purchased the property it looked like it was stuck in the ‘80s even though it was built in 1996,” he said.
“It was so dated. We completely renovated the whole island and had a fantastic cremation of the old furniture.
“We gutted the place inside and out – adding a new kitchen, new flooring, repainted, new furniture and we also replaced the deck.
“Everything had to be shipped over by barge.” 
“There are many beautiful islands in the Whitsunday and Coral Coast areas of Queensland but what sets Victor Island apart is that you can come ashore and literally drop your bags and start enjoying the lifestyle from that moment onwards.
“There are no renovations or repairs to be done. There is no infrastructure to create and there is no equipment or furnishings to buy. All that work has been done and virtually all of the equipment on the island is still under warranty.
“One of the key features that sets our island apart from others in the area is that it is all ours … we don’t share it with anybody,” Mr Sullivan said.
“Another is its location. It’s not in the middle of nowhere. A lot of others in the Whitsundays are isolated and you can only get there by a very long boat trip or flights. But Victor Island is less than two kilometres from the mainland and you can get there from a number of boat ramps including Grasstree Beach, Campwin Beach and Hay Point.
“It’s so peaceful here. If you’ve had one of those months, or years even, you can come here and it just melts away. And yet you still have all the comforts of home – you won’t miss the next episode of Game of Thrones.”
“Sitting on the private white sandy beach you can see whales and dolphins and turtles, which sometimes nest on the beach. And I actually saw a seal once.
“Some of the best fishing in Queensland can be had here including red emperor and barramundi, and oysters grow wild on the rocks so you can go down there and chisel them off and throw them on the camp fire for dinner.”
Renovations included the four-bedroom, two-bathroom home with king and queen ensembles, with unique retractable blade ceiling fans in the bedrooms and airconditioning to the master. 
It includes a fully self-contained and completely renovated caretaker’s cottage, with a new kitchen and bathroom.
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jonathanchancellor-7SQnKwU6yx

Own a Whitsundays island for $3.5 million

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Two beachfront blocks of land in Whitsundays have been put on the market through Burgess Rawson. 
‘The Beaches’ is a beachfront block on the white sands of Funnel Bay at <a href="https://www.burgessrawson.com.au/buying/QLD/Mackay-and-Whitsundays/Airlie-Beach/Development/4P0347/2#.WX6wT9OGP-Y" target="_blank">Airlie Beach</a>. It is being touted as the “last absolute beachfront opportunity”.
The land comprises 10 blocks that will have access to the tropical, palm-studded beachfront enclave. It is close to Airlie Beach.
‘The Waikiki’ at Funnel Bay off Langford Road, is a house and land package designed for dual occupancy. 
It combines a three-bedroom beach house and a one-bedroom studio apartment on a single 1,363 sqm block plus 1,498 sqm of exclusive beachfront area.
According to its description, it will offer guaranteed net income of $40,000 p.a. for two years and will have a holiday apartment for personal use.
The sites are being offered through an expressions of interest campaign ending August 17 
The listing agents are Glenn Conridge, Michael Gilbert and Nick Breheny of Burgess Rawson.
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Beachfront sites near Whitsundays on the market

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One Airlie is a new development in the Whitsundays region, one of Australia’s premier holiday destinations.

It is a gated community of 12 residences with landscaping.

[smartcode_project:default project_id=90071]

The land offerings are between 727 sqm to 2242 sqm.

They are now offered from $695,000 with waterfront lot prices starting at $1,095,000.

The civil works at One Airlie, adjacent to the Whitsunday Sailing Club, have begun.

<img alt="" src="https://www.urban.com.au/images/2017/06/22/Picture-2.jpeg">

Some 10 residents will have ocean frontage.

Activities such as sailing, swimming or diving are all possible nearby. Located on the mainland, just east of Airlie Beach's main street, One Airlie also puts you at the gateway to more than 74 Whitsunday Islands and the Great Barrier Reef marine park.

Airlie Beach is due to experience significant growth and will become a ‘hotspot’ of coastal real estate now that major tourism infrastructure investment has been fast tracked, according to local PRD Whitsunday Principal, Christie Leet.

For more information <a href="https://googleads.g.doubleclick.net/pcs/click?xai=AKAOjsuRR05c7g2j_JynBJH9zAW7W5F9n2F8JzTuvPFA2xl2qsijxoegSi5se_Lg3zfwoXxS07Kw92XJeLN1Xaj6jeYmv8NwVpPUqs5mqkZHgv29bbH4T_Sze0u2dDF-L0f0zNLFWodmoba7mqVcpfqVInDAcA70jGUUINpo3kjF9gGKzV_nN7s-vDpZFtciBMNx6Cex8hx6kqNGoYlCVcOBmGY8Z0kO2f2_V3oH03xzATN1QB5_NPDBvda7jufiZhkjDz5JI9N9MzKXmv8&amp;sig=Cg0ArKJSzFJswJ7UEX1B&amp;adurl=https://oneairlie.com.au/&amp;nm=5&amp;nx=163&amp;ny=-301&amp;mb=2&amp;clkt=99" target="_blank">click here.</a>

[smartcode_project:default project_id=7854]
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j.ballantyne1990-6AQqhLzZaK

Whitsundays' One Airlie building blocks now available from $695,000

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The Cape Gloucester Beach Resort near the Gloucester Passage has been listed for $5.99 million.
It's been listed by four Brisbane friends who pooled their money together to buy the resort as they all share a passion for the water.
There are four shareholders, Arthur Perrins, Michael Hodges, Richard Eaton-Wells and Mark Wilson. The investors bought the island for $2 million in 2012.
Located 45 minutes from Airlie Beach and opposite Shag Island, Gloucester Passage is a popular destination for boaties to anchor in the area.
The property comprises 13 hectares of bush and sand and is lined by several hundred metres of clean sandy beach.
On the premises is a licensed bar, restaurants and self-contained cabins with 45 beds.
The popular resort just hosted the Whitsunday Tourism Awards.
Kim Griffiths at Mackay and Marina Real Estate has the listing.
Griffiths confirmed that no development work has been done. 
“One of the group decided he needed to tidy up his affairs so the rest of the boys just decided they’ll have to sell it,” Griffiths told the Courier Mail.
They’ve used the resort for family holidays over the years but not as much as they’d like to, according to Griffiths.
“The boys haven’t done any development work there,” he said.
“They were going to get a DA pending to do some more beachfront cabins but the boys, they lost their urge to develop.” 
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“It’s a profitable business, a successful business as a well-regarded restaurant and weekend venue,” Griffiths said.
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“On any Sunday a couple of hundred people will go to Cape Gloucester for lunch.”
The majority of interest so far has been from potential Queensland buyers with a sentimental attachment to the region.
“The boys are going to sell it,” Griffiths said.
“They’re not just putting feelers out there. 
“They want to sell it so they want to be approached.”
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Whitsundays beach resort listed for $5.99 million

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The Whitsundays has two price points that are appearing active right now, according to Herron Todd White’s latest monthly market report.
The property advisory firm says that the first one is the budget market which is high $300,000 to low $400,000. At this price, you can expect to purchase:
• An older style 1980 to 1990 life style property or a modern liveable shed between Cannonvale and Proserpine.
• A new 3- to 4- bedroom home in Cannonvale or Jubilee Pocket.
• An older, larger 1980s to 1990s home on a larger lot with pool or shed.
Buyers in this market are mainly investors and first home buyers.
An example would be a three bedroom home at <a href="https://www.realestate.com.au/property-house-qld-jubilee+pocket-123641526" target="_blank">15 Armada Crescent</a> (above) that is for sale for $399,000.
The other market that is moving is the upgrade market with values from $600,000 to $800,000, which purchases:
• A larger dwelling with ocean views;
• A larger modern dwelling with pool or shed on small acreage.
The main buyers in this market are home owners upgrading with some investors and holiday home purchasers.
The unit market is the slowest in the Whitsundays at the present time.
Within this market, the entry level unit market with values from high $100,000 to high $200,000 is the slowest and includes small 1- or 2-bedroom units in Cannonvale and Jubilee Pocket.
Buyers in this market are traditionally investors or first home buyers.
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Budget market dominates Whitsundays property market: HTW

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The Port Douglas trophy home, The Edge has been sold according to whispers from the Whitsundays.
Its the long-listed Charles Wright designed home floating off the side of Flagstaff Hill.
It was marketed as a <a href="https://www.raineandhorne.com.au/portdouglas/properties/island-point-road-port-douglas-4877-queensland" target="_blank">masterpiece in design and engineering achievement</a>.
The recent interest came after asking price was amended to $5 million through Barbara Wolveridge at Raine &amp; Horne Port Douglas Mossman.
Designed like an outdoor shell with cantilevered roof, the 555 sqm single level home comes with two bedrooms and a wet edge pool.
It was built for the late Sydney industrialist Peter Graham and his wife Claire who were captivated by the views over the Coral Sea and tropical rainforest mountains.
The Edge won the far North Queensland Eddie Oribin Award for building of the year at the 2015 AIA Architecture Awards.
Fresh whispers also suggest Craig and Connie Kimberley, whose family founded the Just Jeans Group, are close to a sale of their Port Douglas mansion Kalimna which had been listed through veteran agent Tony McGrath. 
This article was first published in the Weekend Australian Mansion Australia property section. 
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The Edge, Port Douglas sold

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Daydream Island owner China Capital Investment Group has secured South Molle Island in the Whitsundays in the Great Barrier Reef for about $25 million.
The leasehold tropical island was sold by long-time owner and tourism identity Craig Ross.
It has 12 hectares of developable beachfront land and an existing 188-room resort.
The island offered the potential, according to the information memorandum, to develop a 1300-room resort, subject to planning approval.
The Shanghai-based China Capital Investment Group secured the Daydream Island (West Molle) Resort and Spa last year from Nature's Own founder Vaughan Bullivant for about $30 million. The 4.5-star resort has 296 rooms and suites.
The company was founded by Chuanyou Zhou, the chairman and CEO. Its invests in the mining industry, real estate and infrastructure.
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jchancellor-FAypfDUnLy

South Molle Island sold to West Molle owners

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Choices abound for investors or owner occupiers looking to use their ‘lazy $500,000’ in property in Queensland’s Whitsundays.
Property valuation firm Herron Todd White analyse the choices in their July 2016 residential market report: 
“You can purchase land and build your new home or you can purchase a modern dwelling that has four-bedrooms and two-bathrooms with a double garage.”
“You can even throw in a shed or a pool in the suburbs of Jubilee Pocket or Cannonvale.
“You can buy a renovator’s delight in Airlie with no views within walking distance of the heart of Airlie. 
“If views are more your thing, you can purchase a 1990s high set with ocean and distant island views in Cannonvale and also Jubilee Pocket. 
“You can move out to the country with the little rural residential areas just on the outskirts and get yourself a 1990 to 2000 dwelling on one to two hectares. 
“How about purchasing yourself a modern unit with ocean and island views and use as a permanent or holiday rental?”
The middle level for the Whitsundays is $550,000, with entry level upgraders along with out of town investors. There is an 8% to 10% gross return on investments. 
Investors again are spoilt for choice depending on their investment requirements: 
• Dwellings with a view or land for capital growth 
• A new dwelling which will benefit from full depreciation and tax benefits. 
The Whitsundays has remained stable over the past year. 
Propery Observer found a recent sale at <a href="https://www.realestate.com.au/property-house-qld-jubilee+pocket-122360038">13 Wahoo Court, Jubilee Pocket, Qld 4802</a>. This four-bedroom house sold for $420,000.
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Whitsundays offers wide property choices for a lazy ‘half-a-million’: HTW

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Queensland's Whitsundays property market was at the start of recovery cycle for houses while it was approaching the bottom of the market for units, according to valuation firm Herron Todd White's latest property clock.
It occupied the same position in April too, which also covered the fringe areas of Whitsundays.
Whitsundays has a few fringe suburbs and rural townships scattered mostly to the south and west of Whitsundays. The properties in these areas are small residential lifestyle and these continue to show a stable market.
However to the south, the areas of Midge Point and Bloomsbury are showing a downturn in the market and seem to be more affected by the Mackay market as when times were good, people where looking for their beach hut or fishing weekender and most buyers were from Mackay.
Now that the market in Mackay has had a large downturn and with the continuation of job losses there, fewer buyers are heading into this area. Laguna Quays was once a thriving golf course resort with unit and townhouse style accommodation.
"Since the golf course and all the amenities were closed, parts of the complex are now extremely run down with the exception of the units which the body corporate ensures are presented in a good condition," it noted.
These are currently selling at a fraction of the price they once were, however, maybe there is light at the end of the tunnel for this area as there is a new owner so we will wait with interest to see any resulting changes. 
Property Observer went looking for recent sales in the fringe areas of Whitsundays and found two recent ones in Midge Point. There was no recent data for median sales for Midge Point on CoreLogic RP Data.
A three-bedroom holiday home at <a href="https://www.realestate.com.au/property-house-qld-midge+point-120079325">8 Peters Avenue Midge Point Qld 4799</a> traded for $245,500.
 <img src="/images/2016/05/31/Screen%20Shot%202016-06-01%20at%208.07.07%20AM.png" alt="">
 
A one-bedroom house at <a href="https://www.realestate.com.au/property-other-qld-midge+point-118427623">33 Nielsen Pde. Midge Point Qld 4799</a> sold for $270,000, according to RP Data.
 
<img src="/images/2016/05/31/Screen%20Shot%202016-06-01%20at%208.19.47%20AM.png" alt=""> 
 
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