Real Estate

What to Expect from the Mortgage Industry in 2024: A Q&A with ICE’s Andy Walden

Published

2 years ago

January 4, 2024

Fred Wilson

What to Expect from the Mortgage Industry in 2024: A Q&A with ICE’s Andy Walden

If you are interested in the mortgage market and its future trends, you might want to hear from an expert who has a deep understanding of the industry and its dynamics. That’s why we invited Andy Walden, vice president of enterprise research at ICE Mortgage Technology, to share his insights and predictions for 2024.

Andy Walden has over 15 years of experience in the mortgage industry, specializing in data analytics, market research, and forecasting. He leads the research team at ICE Mortgage Technology, which provides innovative solutions and insights to lenders, servicers, investors, and regulators. He is also a frequent speaker and commentator on the housing and mortgage markets, appearing on CNBC, Bloomberg, and other media outlets.

In this Q&A, we asked Andy about the current state of the mortgage industry, the impact of the Fed’s monetary policy, the outlook for home sales and prices, the role of technology and data, and the challenges and opportunities for the industry in 2024. Here is what he had to say:

Q: How would you describe the mortgage industry in 2023? What were the main drivers and challenges?

A: The mortgage industry in 2023 was characterized by high interest rates, low origination volume, and tight profit margins. The main driver of these conditions was the Fed’s aggressive rate-hiking cycle, which started in 2022 and continued until mid-2023, in response to the rising inflation pressures and overheating economy. The Fed raised the benchmark federal funds rate 11 times, from 2.5% to 5.5%, pushing the 30-year fixed mortgage rate to a 22-year high of 7.79% in October 2023.

The high interest rates had a negative impact on both the demand and supply sides of the housing market. On the demand side, the high rates reduced the affordability and purchasing power of potential homebuyers, especially first-time buyers and low-income households. On the supply side, the high rates discouraged homeowners from selling their homes or refinancing their mortgages, resulting in a low inventory of existing homes and a decline in refinance activity.

The low origination volume and the high interest rates also squeezed the profit margins of mortgage lenders, who faced increased competition and rising costs. According to the Mortgage Bankers Association (MBA), the average production profit per loan fell to $1,082 in the third quarter of 2023, down from $2,152 in the same quarter of 2022. The MBA also estimated that the total mortgage origination volume dropped to $1.64 trillion in 2023, down from $2.05 trillion in 2022.

Q: What are your expectations for the mortgage industry in 2024? How will the Fed’s monetary policy affect the industry?

A: We expect the mortgage industry to improve in 2024, as interest rates decline and origination volume increases. The main reason for this improvement is the Fed’s change in monetary policy, which signals the end of the rate-hiking cycle and the possibility of rate cuts in the second half of 2024. The Fed’s decision to pause the rate hikes was based on the signs of easing inflation pressures and slowing economic growth, as well as the increased risks from the global trade tensions and the political uncertainty.

The Fed’s monetary policy will have a positive impact on both the demand and supply sides of the housing market. On the demand side, the lower interest rates will increase the affordability and purchasing power of potential homebuyers, especially first-time buyers and low-income households. On the supply side, the lower interest rates will encourage homeowners to sell their homes or refinance their mortgages, resulting in a higher inventory of existing homes and a higher refinance activity.

The higher origination volume and the lower interest rates will also boost the profit margins of mortgage lenders, who will benefit from increased demand and lower costs. According to the MBA, the average production profit per loan will rise to $1,392 in the fourth quarter of 2024, up from $1,082 in the third quarter of 2023. The MBA also projects that the total mortgage origination volume will increase to $1.95 trillion in 2024, up from $1.64 trillion in 2023.

Q: How do you see the home sales and prices evolving in 2024? What are the main factors influencing them?

A: We see the home sales and prices growing moderately in 2024, as the lower interest rates stimulate the demand and the higher inventory balances the supply. The main factors influencing the home sales and prices are the demographic trends, the economic conditions, and the housing affordability.

The demographic trends are favorable for the home sales and prices, as the large millennial generation enters its prime homebuying age and drives the demand for homeownership. According to the Census Bureau, the number of households headed by people aged 25 to 34 will increase by 1.2 million in 2024, reaching 24.7 million. This cohort represents the largest share of first-time homebuyers, who accounted for 33% of all homebuyers in 2023, according to the National Association of Realtors (NAR).

The economic conditions are also supportive for the home sales and prices, as the GDP growth remains positive and the unemployment rate remains low, despite the expected slowdown in the first half of 2024. According to the MBA, the GDP growth will average 2.4% in 2024, down from 2.9% in 2023, while the unemployment rate will average 4.8%, up from 4.4% in 2023. These indicators suggest that the income and confidence of consumers will remain high, enabling them to purchase homes.

The housing affordability is the main challenge for the home sales and prices, as the high home prices and the high interest rates reduce the affordability and accessibility of homeownership for many buyers. According to the NAR, the median existing-home price rose by 6.5% in 2023, reaching $323,900 in November. The NAR also reported that the housing affordability index, which measures the ability of a typical family to buy a median-priced home, fell by 18.6% in 2023, reaching 118.6 in November, the lowest level since 2008. This means that a typical family had only 118.6% of the income required to qualify for a conventional loan covering 80% of a median-priced home.

Image by: https://www.realestate.com

Q: How do you see the role of technology and data in the mortgage industry in 2024? What are the main trends and innovations?

A: We see the role of technology and data in the mortgage industry as essential and transformative in 2024. Technology and data are the main drivers of efficiency, accuracy, and customer satisfaction in the mortgage process, from origination to servicing to secondary market. The main trends and innovations in this area are the digitalization, automation, and integration of the mortgage process.

The digitalization of the mortgage process refers to the use of online platforms, mobile applications, and cloud-based systems to enable borrowers, lenders, and other parties to access, share, and store information and documents electronically. This reduces the need for paper, fax, and mail, and speeds up the communication and verification processes. According to the ICE Mortgage Technology Origination Insight Report, the share of loans closed using digital mortgage solutions increased from 38% in 2022 to 58% in 2023.

The automation of the mortgage process refers to the use of artificial intelligence, machine learning, and natural language processing to perform tasks that traditionally required human intervention, such as underwriting, appraisal, and compliance. This reduces the errors, costs, and risks associated with manual processes, and improves the quality and consistency of the outcomes. According to the ICE Mortgage Technology Lender Sentiment Survey, 71% of lenders reported using or planning to use AI/ML in their mortgage operations in 2023, up from 51% in 2022.

The integration of the mortgage process refers to the use of application programming interfaces (APIs), blockchain, and smart contracts to connect and synchronize the data and transactions among different parties and platforms involved in the mortgage lifecycle, such as borrowers, lenders, servicers, investors, and regulators. This reduces the friction, duplication, and delays associated with disparate and siloed systems, and enhances the transparency and security of the data and transactions. According to the ICE Mortgage Technology Lender Sentiment Survey, 65% of lenders reported using or planning to use blockchain in their mortgage operations in 2023, up from 45% in 2022.

Q: What are the main challenges and opportunities for the mortgage industry in 2024? How can the industry overcome the challenges and seize the opportunities?

A: The main challenges for the mortgage industry in 2024 are the regulatory uncertainty, the cyber risk, and the talent gap. The main opportunities for the industry are the product innovation, the customer experience, and the social impact.

The regulatory uncertainty refers to the potential changes in the rules and standards governing the mortgage industry, as a result of the new administration and the new Congress. These changes could affect the lending criteria, the disclosure requirements, the fair lending practices, and the oversight and enforcement mechanisms. The industry can overcome this challenge by staying informed, engaged, and compliant with the evolving regulatory environment, and by advocating for the interests and needs of the industry and its customers.

The cyber risk refers to the potential threats and attacks on the data and systems of the mortgage industry, as a result of the increased use and reliance on technology and data. These threats and attacks could compromise the confidentiality, integrity, and availability of the data and systems, and cause financial, reputational, and legal damages. The industry can overcome this challenge by implementing robust and proactive cybersecurity measures, such as encryption, authentication, backup, and recovery, and by educating and training the staff and customers on the best practices and protocols.

The talent gap refers to the difficulty of attracting, retaining, and developing the human capital needed for the mortgage industry, as a result of the changing demographics, expectations, and skills of the workforce. The industry faces a shortage of qualified and experienced professionals, especially in the areas of technology, data, and analytics, as well as a challenge of engaging and motivating the existing and new employees, especially the millennials and the Gen Z, who value flexibility, diversity, and purpose. The industry can overcome this challenge by investing in the recruitment, training, and development of the talent, by offering competitive compensation and benefits, and by creating a culture of innovation, collaboration, and inclusion.

The product innovation refers to the opportunity of creating and offering new and improved products and services that meet the evolving needs and preferences of the customers, especially the underserved and emerging segments, such as the minorities, the immigrants, the self-employed, and the gig workers. The industry can seize this opportunity by leveraging technology and data to design and deliver customized and flexible solutions, such as alternative credit scoring, non-QM loans, and digital mortgages, and by partnering with fintechs, nonprofits, and community organizations to reach and serve these segments.

The customer experience refers to the opportunity of enhancing and differentiating the customer journey and relationship throughout the mortgage process, from origination to servicing to secondary market. The industry can seize this opportunity by using technology and data to provide faster, easier, and more transparent processes, such as online applications, automated underwriting, and e-closings, and by offering personalized, proactive, and omnichannel communication and support, such as chatbots, mobile alerts, and video calls.

The social impact refers to the opportunity of contributing to the social and environmental causes and goals that matter to the customers, the employees, and the society, such as financial inclusion, homeownership education, affordable housing, and green lending. The industry can seize this opportunity by aligning its vision, mission, and values with these causes and goals, by measuring and reporting its impact and performance, and by engaging and collaborating with its stakeholders and partners, such as regulators, investors, and nonprofits.

Conclusion

The mortgage industry is facing a dynamic and challenging environment in 2024, as it adapts to the changes in the interest rates, the housing market, the technology, and the regulation. However, the industry also has many opportunities to grow and thrive, as it innovates and improves its products, services, and processes, and as it enhances and differentiates its customer experience and social impact. The industry can leverage its expertise, experience, and resources, as well as the insights and predictions from experts like Andy Walden, to overcome the challenges and seize the opportunities, and to create value and satisfaction for its customers and stakeholders.

Author

Fred Wilson

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Housing

First Home Buyers Agent Brisbane: Guide to Your Dream Home

Published

16 hours ago

April 8, 2026

edwinjpatrick

As a prospective homebuyer in Brisbane, navigating the local real estate market can be a daunting task, especially if you’re new to the scene. With property prices on the rise, it’s not uncommon for first-timers to feel overwhelmed by the complexities of financing, negotiations, and due diligence. However, having the right guidance can make all the difference in securing your dream home on the best possible terms.

This is where Buying in Brisbane comes in – a dedicated team of experts committed to empowering first home buyers and investors with expert advice, local insight, and unwavering representation. As your trusted champions in securing the perfect property, they’ll guide you through every step of the buying process, ensuring you purchase with confidence and without regret.

Understanding the Landscape for First Home Buyers in Brisbane

The Brisbane property market is constantly evolving, with prices rising and falling in response to various factors, including economic trends, population growth, and government policies. According to recent data, the median house price in Brisbane has increased by over 10% in the past year alone, making it even more crucial for first-time buyers to understand the local market dynamics.

So, what makes the Brisbane property market so attractive to first-time buyers? Here are a few key factors to consider:

Affordable prices: Compared to other major Australian cities, Brisbane’s property prices are relatively more affordable, making it an attractive option for first-time buyers.

Growing demand: As the city continues to grow and develop, demand for properties is expected to increase, driving up prices and making it essential for buyers to act quickly.

Government incentives: The Queensland government has introduced various incentives to support first home buyers, including stamp duty concessions and grants.

Choosing the Right Agent: A Matter of Trust

When it comes to buying your first home, working with the right agent can make all the difference. With their extensive knowledge of the local market, Buying in Brisbane can help you:

Find the perfect property: Their local expertise ensures that you’re exposed to the best properties in Brisbane, tailored to your specific needs and budget.

Negotiate like a pro: With their negotiation skills and market knowledge, they can help you secure the best possible deal, saving you thousands in the process.

Avoid costly mistakes: By avoiding common pitfalls like overpaying for a property or missing out on hidden costs, you can ensure a smooth and stress-free transaction.

The Buying in Brisbane Advantage

When you work with Buying in Brisbane, you can expect a level of service that’s tailored to your unique needs and goals. Here are just a few ways they can help:

Personalized attention: As a small, boutique agency, Buying in Brisbane can provide a level of personalized attention that’s hard to find with larger, more impersonal agencies.

Local knowledge: With a deep understanding of the local market, they can guide you through even the most complex buying process.

Expert advice: From financing to due diligence, Buying in Brisbane can provide you with expert guidance every step of the way.

Real-World Examples of Buying in Brisbane in Action

Don’t just take our word for it – here are a few real-world examples of how Buying in Brisbane has helped their clients secure their perfect properties:

Rachel and Michael: First-time buyers from the city, Rachel and Michael wanted to purchase their first home in a Brisbane suburb. Buying in Brisbane helped them navigate the local market, securing a beautiful 3-bedroom home in a highly sought-after area.

David and Emily: First home buyers from Brisbane, David and Emily were looking to upgrade from their rental property. Buying in Brisbane helped them secure a stunning 4-bedroom home in a prime position, with a significant discount from the asking price.

High-Impact Methods for First Home Buyers in Brisbane

By following these high-impact methods, you can secure your dream home in Brisbane like never before:

Research, research, research: Understand the local market dynamics, including prices, trends, and demand.

Get pre-approval: Secure pre-approval for a mortgage before starting your property search.

Work with a dedicated agent: Partner with Buying in Brisbane to receive expert guidance and personalized attention.

Don’t be afraid to negotiate: With the right guidance, you can negotiate like a pro and secure the best possible deal.

By following these methods and partnering with Buying in Brisbane, you can purchase your first home in Brisbane with confidence and without regret.

Conclusion

As a First Home Buyers Agent Brisbane, it’s essential to have the right guidance and support to navigate the local market. By working with Buying in Brisbane, you can secure your dream home on the best possible terms, while avoiding common pitfalls and costly mistakes. With their dedicated team of experts, local knowledge, and expert advice, you can feel confident in your decision-making process. So, what are you waiting for? Contact Buying in Brisbane today and start your journey to homeownership in Brisbane.

Author

edwinjpatrick

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Real Estate

Fully Managed Landlord Services: Save Time, Stress, and Money

Published

6 days ago

April 3, 2026

Tariq

Owning rental property can be rewarding, but it also comes with responsibilities that can be time-consuming and stressful. This is where fully managed landlord services come in. By hiring a professional management company, landlords can enjoy peace of mind, save time, and reduce stress, while ensuring their property is well-maintained and profitable. In this guide, we explain everything about these services, their benefits, and how they work.

What Are Fully Managed Landlord Services?

Fully managed landlord services involve hiring a property management company to handle all aspects of renting and maintaining your property. These services cover everything from marketing your property to collecting rent, dealing with tenants, and handling maintenance issues.

Instead of managing your property yourself, a professional team ensures that your investment is cared for efficiently and legally.

Key Services Offered

A fully managed service usually includes:

Tenant Sourcing and Screening
Management companies find tenants, conduct background checks, and verify references. This ensures reliable tenants who pay on time and take care of your property.
Rent Collection and Accounting
The service handles monthly rent collection, issues statements, and can even manage arrears. This reduces financial stress for landlords.
Maintenance and Repairs
Any maintenance issues, from plumbing to electrical problems, are handled by the management company. They often have a network of trusted tradespeople for quick repairs.
Legal Compliance
Landlords must follow various laws, including gas safety, electrical inspections, and deposit protection. Fully managed services ensure your property complies with all regulations.
Property Inspections
Regular inspections keep your property in good condition, identify issues early, and ensure tenants are following lease agreements.
Tenant Communication
Management companies handle tenant queries and complaints, saving landlords from constant calls and emails.

Benefits of Fully Managed Landlord Services

1. Save Time

Managing a rental property yourself can take hours each week. From handling repairs to chasing rent, it’s a full-time commitment. Fully managed services free you from daily tasks, allowing you to focus on other priorities.

2. Reduce Stress

Dealing with difficult tenants, legal issues, and unexpected repairs can be stressful. A professional management team takes care of these challenges, giving you peace of mind.

3. Financial Efficiency

Management companies ensure timely rent collection and proper accounting. They also help maximize rental income by advising on rent levels and property improvements.

4. Legal Protection

Non-compliance with landlord laws can lead to fines or legal disputes. Fully managed services ensure your property meets all legal requirements, reducing liability.

5. Better Tenant Retention

Professional management improves tenant satisfaction through prompt maintenance and clear communication, leading to longer tenancies and fewer vacancies.

How to Choose the Right Fully Managed Landlord Service

Choosing the right management company is crucial. Consider these factors:

Experience and Reputation: Look for companies with a proven track record and positive reviews.
Range of Services: Ensure they cover all aspects of management, from tenant sourcing to legal compliance.
Fees: Understand the fee structure and ensure it aligns with the services provided.
Communication: Choose a company that provides regular updates and is easy to reach.
Local Knowledge: A company familiar with your area can better manage rental rates and tenant expectations.

Costs of Fully Managed Services

Fees vary depending on location and the level of service, but typical charges include:

Management fee: Usually 8–15% of monthly rent
Tenant sourcing fee: One-time fee when a new tenant is placed
Maintenance mark-up: Some companies add a small percentage to repair costs

While these fees may seem high, the time saved, stress reduced, and legal protection often outweigh the costs.

Common Misconceptions

Some landlords hesitate to use fully managed services due to misconceptions:

“It’s too expensive” – In reality, it can save money by reducing vacancies and avoiding legal penalties.
“I’ll lose control” – You remain the property owner and can set guidelines; the company handles the day-to-day.
“I don’t need it for one property” – Even a single property can benefit from professional management, especially if you live far away.

Conclusion

Fully managed landlord services are a smart choice for property owners who want to save time, reduce stress, and protect their investment. From tenant management and maintenance to legal compliance and rent collection, these services cover every aspect of property management.

By hiring a professional management company, landlords can enjoy peace of mind, ensure their property is well-maintained, and maximize rental income. Whether you own one property or several, fully managed services are a valuable investment that makes renting easier, safer, and more profitable.

FAQs

1. What are fully managed landlord services?
They are professional services that handle all aspects of renting and maintaining your property.

2. Who can benefit from fully managed services?
Any landlord, whether owning one property or multiple, especially those with limited time.

3. What services are included?
Tenant sourcing, rent collection, maintenance, legal compliance, inspections, and tenant communication.

4. How much do fully managed services cost?
Typically 8–15% of monthly rent, plus possible tenant sourcing fees or maintenance mark-ups.

5. Can I remain in control of my property?
Yes, you set guidelines while the company handles day-to-day tasks.

6. Are legal issues covered?
Yes, management companies ensure compliance with landlord laws and regulations.

7. How does tenant communication work?
The company manages all tenant queries, complaints, and notices.

8. Can fully managed services increase rental income?
Yes, they advise on rent levels, reduce vacancies, and ensure timely payments.

9. Do I need fully managed services for a single property?
Even one property can benefit from professional management, especially if you’re busy or live far away.

10. How do I choose the right company?
Check experience, reputation, service range, fees, communication quality, and local knowledge.

Author

Tariq

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Real Estate

Western Australia Apartments 2026 — Perth & Gold Coast Outlook

Published

2 weeks ago

March 25, 2026

johanliebert

Western Australia’s apartment market is experiencing a remarkable renaissance in 2026, with Perth leading the charge as one of Australia’s strongest-performing property markets. With 71 per cent price growth over the last five years and significant government investment in transit-oriented development, the Sunshine State’s western capital offers compelling opportunities for buyers seeking brand new apartments.

Palmyra West: Coastal Living Meets Modern Design

One of the most significant projects to launch in 2026 is Finbar Group’s Palmyra West development, which has already achieved more than 70 per cent pre-sales across its 130 apartments, representing approximately $67 million in value. Located on a 13,540 square metre site at 47 McGregor Road, this boutique development comprises four low-rise buildings offering one, two, and three-bedroom apartments designed for modern coastal living.

Situated just four kilometres from Fremantle’s vibrant cafés, shops, and beaches, Palmyra West provides a connected lifestyle without compromising on comfort. Residents will enjoy premium onsite amenities including a heated swimming pool, poolside cabana with barbecue facilities, residents’ lounge and games room, gymnasium and sauna.

Significantly, buyers purchasing during the pre-construction phase can benefit from a substantial stamp duty concession of up to $50,000, depending on the apartment’s value. With only a $5,000 deposit required to secure an apartment and no further payments until completion, this offers an accessible entry point into Perth’s desirable southern corridor. Construction is slated to commence in March 2026, with estimated completion in mid-2027.

Wellard Station: Transit-Oriented Living

The Cook Labor Government has sold five strategic development sites opposite Wellard Station, paving the way for 111 new apartments and community infrastructure in Perth’s southern corridor.

Yaran Property Group recently purchased the 10,793 square metre landholding. The group plans to transform the site into four medium-density apartment buildings. These buildings will offer a diverse mix of one-bedroom and two-bedroom units.

In addition to housing, JCP Developments proposes a new childcare centre for the site. This facility will support local families while boosting the overall amenity of the Wellard town centre. Both projects benefit from an ideal location near the Wellard Square Shopping Centre. Because of this, future residents will enjoy easy access to essential services and direct rail connections to the Perth CBD.

Furthermore, the developer expects to begin construction on the apartments in the first quarter of 2026. This timeline directly supports the government’s commitment to infill development near transit hubs. By placing housing close to transport and services, the project strengthens the local community’s infrastructure.

Scarborough’s Ambitious Build-to-Rent Proposal

A developer recently lodged a significant application for a 26-storey build-to-rent tower at 200 West Coast Highway in Scarborough. This project carries an estimated value of $130 million. Rowe Group, acting on behalf of Meadpoint, intends to deliver 246 new apartments. The mix includes 160 one-bedroom units, 65 two-bedroom units, and 21 three-bedroom residences. Furthermore, the plan dedicates 37 of these apartments to affordable rental rates for at least 20 years.

Future residents will enjoy premium amenities like a co-working lounge and a rooftop swimming pool. The facility also includes a gymnasium, a function room, 222 car bays, and 256 bicycle bays. Additionally, a ground-floor retail tenancy completes the luxury offering. The public consultation period for this development officially closes on 15 March 2026.

Crawley Riverfront Luxury

SKS Group recently acquired a Crawley apartment building at 6 Wingfield Avenue for $14.5 million to satisfy demand for premium riverfront living. The group plans to renovate and convert the existing structure into ten luxury apartments. These exclusive residences will offer panoramic views of the Swan River.

The developer intends to bring these homes to market during the second quarter of 2026. According to CBRE, demand for premium apartments in Crawley remains exceptionally high. This interest stems from the suburb’s lifestyle appeal and its proximity to the CBD. Moreover, the location sits conveniently near the Swan River and the University of Western Australia.

Mos Lane: Mosman Park’s Architectural Statement

Designed in collaboration with award-winning architecture firm Nelson + Koo, Mos Lane at 46 Manning Street will feature 68 apartments, townhomes and penthouses with panoramic views across Perth’s prestigious western suburbs. Interiors by Melbourne-based Hecker Guthrie ensure intelligent, considered design for all life stages, with features including sculptural joinery, shady terraces, generous balconies, and multi-purpose room options providing ultimate flexibility.

Residents will enjoy indoor and outdoor communal dining spaces, a communal guest suite, a residents’ workshop and equipment store, a dedicated pet wash and car wash station, and best-in-class boutique retailers in the Mos Lane village. Builder Icon Construction has been appointed, with an estimated completion in late 2026 and a final opportunity to save 50 per cent on stamp duty.

Investment Outlook

With government support for transit-oriented development, significant infrastructure investment, including the new $860 million Edith Cowan University City Campus, and strong buyer demand across price points, Western Australia’s apartment market offers compelling opportunities in 2026. Success lies in focusing on quality projects by reputable builders in locations with strong fundamentals—proximity to transport, amenity, and lifestyle. From coastal Palmyra to riverside Crawley and thriving suburban centres, 2026 delivers an exceptional range of brand new apartments across Western Australia.

Gold Coast: Coastal Luxury Beckons

The Gold Coast’s development heat continues rising, with medium-density projects now accounting for two-thirds of development across the city. International development company SPG Land has kicked off construction of the $1.5 billion Paradiso Place in Surfers Paradise, one of the highest value developments to get underway on the Gold Coast in more than a decade. Located on a 1.15ha site stretching from Surfers Paradise Boulevard to Ferny Avenue, Paradiso Place will deliver 845 residences across three towers of 41, 40 and 44 levels, with each tower boasting its own podium level interconnected by a skybridge, creating a unique elevated ‘beachside village’. Two-, three- and four-bedroom apartments start from $950,000, with most offering ocean views and five-star hotel amenities.

In Broadbeach, Harmony on Broadbeach has raced to 75 per cent sold just months after launching. This 33-storey tower by Gold Partners Australia, located 400 metres from the beach, offers two- and three-bedroom apartments with a dedicated wellness offering including a 20-metre swimming pool, spa, sauna, gymnasium and yoga lawn. Construction commences in Q2 2026 with completion targeted for late 2028.

At Kirra Beach, Immerse Projects has filed a nine-storey proposal comprising 65 apartments at 5-7 Haig Street. Designed by BDA Architecture, the scheme incorporates “a soft coastal colour palette, generous ocean-oriented balconies, deep recesses that articulate the facade, and fixed privacy screens” . Amenities include a lap pool, spa, cold plunge pools, gymnasium, and working-from-home spaces.