AVRA AT BONDI BEACH SETTING A NEW STANDARD FOR LUXURY LIVING
Australia’s most famous beach will soon be home to a fresh ocean-inspired facade.
2 min
Bondi Beach is known for setting new benchmarks, especially when it comes to prestige property. Avra, the iconic suburb’s newest grand-scale luxury residential offering, is making waves thanks to its sophisticated architectural design, large north-facing layouts and high-end finishes.
Located at 135–155 Curlewis St, only steps from the famous beach and the landmark Hotel Bondi, Avra will soon to be home to 18 spacious three-bedroom residences and three and four-bedroom penthouse-style homes balancing beachside serenity with urban elegance.
Named after the Greek goddess of “breeze” and playing homage to its natural landscape, Avra is the eighth project in Sydney’s east created by Clutch and is designed in a creative collaboration between PDB Architects and Woods Bagot.
The building’s concrete blades, curved architectural forms and ethereal screens echo the shapes, colours and textures of the eastern beaches.
“AVRA has been inspired by the wavelike sculptural forms that define each dwelling. The spirit of movement is captured within the flowing forms and soft tonal edges,” says Paul Buljevic of PDB Architects.
Tracey Wiles of Woods Bagot said the brief by Clutch was to create an address as equally iconic as its globally-recognised location with the splendour of a luxury Mediterranean villa.
“These residences have such grandeur and scale that they feel like true private homes. Down to the finest detail, we’ve considered every aspect. That’s the thing about Avra, it’s immaculate detail on a grand scale,” she adds.
“We curated kitchens and bathrooms with a lovely sense of curvaceousness. The materials, the soft sandy textures and tones: it all reflects beachside elegance and quiet luxury.”
Each house-sized apartment has an neutral interior palette that is a nod to the local sand and natural coastline of Bondi while expansive living spaces open up to reveal large private balconies. The kitchens are to feature curved Champagne quartzite bench tops as well as Gaggenau, Wolf, Sub-Zero, Whispair and Miele appliances with fully-equipped butlers pantries. The deluxe ensuite bathrooms have double stone vanities, centrepiece stone bathtubs, Onyx lighting fixtures and infrared saunas.
Every residence opens to a private gallery with an internal atrium courtyard filled with dappled light, soft breezes and a botanical backdrop by Myles Baldwin Landscape Design including olive trees, agaves and prickly pears that will grow and mature over time.
Residents will have access to a concierge for everything from reservation bookings and housekeeping arrangements to dry cleaning and pet grooming.
The Curlewis St address is footsteps from Bondi Beach’s vibrant coastal lifestyle offerings with the legendary stretch of sand, a buzzing café culture and world-class restaurants metres away.
On the ground floor, a carefully-curated selection of retail stores and eateries will blend with Bondi Beach’s unique aesthetic.
Avra offers a rare chance to own a grand north-facing luxury residence in one of Sydney’s most legendary areas.
Be the first to discover Avra and enquire to book your private appointment to the display suite, opening soon.
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New research shows a widening divide across Australia and New Zealand’s property markets, with investors increasingly forced to look beyond traditional strongholds to find real returns.
3 min
By any traditional measure, Australia’s property market should be moving in sync. Instead, it is fragmenting.
New research from MaxCap, led by Head of Research Bruce Wan, paints a picture of a market no longer defined by national trends, but by sharp regional divergence, where performance gaps between cities are widening, and the smartest capital is moving accordingly.
At the top end of the ladder, Perth and southeast Queensland are surging ahead. At the other, Melbourne and Auckland are only just beginning to recover from recent downturns. And sitting squarely in the middle is Sydney, steady but constrained.
The takeaway is clear: the era of relying on headline markets is over.
The rise of the unexpected leaders
Brisbane and the broader southeast Queensland region have emerged as standout performers, driven by population growth, infrastructure investment and a sustained undersupply of housing.
According to the report, housing values in the region have continued to accelerate, supported by long-term tailwinds including the 2032 Olympic Games and a decade of relatively subdued price growth prior.
Perth is telling a similar story, albeit for different reasons. Once heavily tied to commodity cycles, the Western Australian capital is now benefiting from a broader base of economic drivers, including defence spending and sustained resource sector strength.
The result is a housing market that remains one of the strongest in the country, even as price growth begins to ease from its peak.
Sydney holds, but doesn’t lead
For Sydney, the story is more nuanced.
While prices continue to climb and the city remains Australia’s most expensive market, affordability constraints are clearly limiting its pace. Residential growth, while positive, lags behind smaller capitals, and commercial sectors are being held back by softer demand in key industries.
There are, however, signs of momentum building. New infrastructure, including the western Sydney Airport and expanded rail networks, is expected to unlock development opportunities and support future growth, particularly in emerging precincts.
Still, the report positions Sydney firmly in the “middle of the pack”, no longer the automatic frontrunner for investors.
Melbourne’s slow reset
Melbourne, once a consistent performer, has spent recent years recalibrating.
Extended lockdowns, combined with new state property taxes, have weighed heavily on investor sentiment and pricing, particularly across the commercial office sector. Residential values have also underperformed, though for different structural reasons.
Now, there are early signs of recovery.
Improved affordability, population growth and a stabilising economic backdrop are beginning to draw buyers back into the market, with both residential and commercial sectors showing tentative signs of improvement.
Auckland’s turning point
Across the Tasman, Auckland has faced its own challenges, particularly from an outflow of younger workers to Australia, which has dampened demand and stalled price growth.
But here too, the tide appears to be shifting.
A return to positive migration, lower interest rates and policy changes — including the easing of foreign buyer restrictions — are expected to support a gradual recovery, alongside renewed interest from offshore capital.
A market that rewards precision
If there is one unifying theme, it is this: broad-brush strategies no longer work.
MaxCap’s research highlights that the most compelling opportunities are increasingly found outside the traditional powerhouses of Sydney and Melbourne, requiring investors to take a more targeted, locally informed approach.
“Given these persistent performance gaps, there is plentiful scope for alpha returns, just by picking the right locations and market segments,” the report notes.
In other words, success in this market is no longer about being in property — it is about being in the right property, in the right place, at the right time.
And increasingly, that place may not be where you expect.
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