MAYD''s North Kirra Plans Unveiled Ahead of Early 2027 Launch

Queensland-based builder-developer MAYD has unveiled an exclusive first look at its anticipated ultra-luxury North Kirra mixed-use project as it lodges a minor amendment with the City of Gold Coast Council.

The project sits across a 4,742sqm amalgamated landholding spanning seven parcels at 2–6 Pacific Parade and 27–33 Golden Four Drive, Bilinga, which MAYD secured in a record $32.5 million transaction, the largest Gold Coast property deal of 2025.

The project will be delivered in two stages, with the first stage of the development representing approximately $360 million in gross realisation value and comprising a carefully curated collection of private residences, including townhomes, oversized two-bedroom residences, expansive three-bedroom apartments and luxury four-bedroom homes designed for owner-occupiers seeking greater space, privacy and connection to the coast.

The change amendment has sought to decrease the overall number of units across the project and ensure a strong mix of house-size offerings that meet the needs of the high-end residential market.

Residents will have access to a collection of lifestyle and wellness amenities, delivering the convenience and amenity of a luxury resort while maintaining the privacy and exclusivity of a premium beachfront address.

Internationally renowned architecture and interior design studio Cera Stribley has been appointed to lead the project’s design vision, drawing inspiration from Kirra’s coastline, surf breaks and natural landscape through a series of layered ocean-facing terraces, expansive balconies and landscape-led architecture.

The design prioritises space, outlook and resort-style living while creating a distinctly local response to one of the Gold Coast’s most iconic beachfront settings.

The façade expression is further defined by strong horizontal forms, sculpted curved balconies and integrated subtropical landscaping, reflecting the natural contours of Kirra’s shoreline and expansive ocean horizon. Planting woven throughout the building softens the built form and strengthens its connection to the surrounding beachfront landscape, reinforcing a lifestyle centred on outdoor living and coastal wellness.

The project comes as Kirra continues its evolution into one of the Gold Coast’s most compelling luxury destinations, combining an iconic beachfront setting, a thriving hospitality scene, world-class surf culture and direct access to Gold Coast Airport, creating a rare blend of lifestyle and connectivity.

The addition of the strategic beachfront site brings MAYD ‘s portfolio value to more than half a billion dollars across its active projects, further reinforcing its position as one of Queensland’s most active luxury residential developers.

“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,” said MAYD founder Todd Mould.

“With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic.

“Residents can enjoy direct beach access, world-class surf culture, an increasingly sophisticated hospitality offering and exceptional connectivity via Gold Coast Airport, all within a genuine coastal community.”

MOTIV Managing Director Carly Cottam, who is marketing the project, said Kirra is benefiting from a clear shift in buyer attention towards the southern 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.

“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.”

The project is earmarked to hit the market in early 2027.

Australia’s hoped-for recovery in housing construction is losing momentum before it has had time to close the national supply gap.

Sales of new detached homes fell 10 per cent nationally in August, according to the Housing Industry Association’s survey of major volume builders across the five largest mainland states. It was the fourth consecutive monthly decline.

The fall was broad rather than isolated. Victoria recorded the largest retreat, down 27 per cent, followed by Queensland at 20.2 per cent, New South Wales at 17.5 per cent, South Australia at 10.8 per cent and Western Australia at 8.2 per cent.

Across the three months to August, sales were 19.3 per cent below the preceding three-month period and 7.7 per cent lower than the equivalent period a year earlier.

New-home sales matter beyond the immediate fortunes of volume builders. They are an early indicator of future starts: buyers sign contracts, finance is finalised, approvals are secured and construction follows months later. A sustained sales decline during the middle of 2026 is therefore likely to weaken commencements during 2027.

The slowdown reflects the collision of several pressures. Households have absorbed multiple interest-rate rises, reducing borrowing capacity and increasing the repayment cost attached to a new build. Established-home prices have softened in some markets, weakening the relative appeal of waiting through a construction period. Builders continue to face elevated labour and material costs.

The Reserve Bank’s August analysis showed new-dwelling construction prices increased 1.8 per cent during the June quarter and 5.3 per cent over the year. It attributed part of the pressure to oil-derived building products and other conflict-related costs.

Policy uncertainty can also cause buyers and investors to defer large commitments. But the precise contribution of any single tax or regulatory change is difficult to isolate from rates, confidence, land prices and construction costs. The HIA survey should be read as an indicator from large builders rather than a complete count of every dwelling sale.

The figures complicate progress towards the Housing Accord target of 1.2 million homes. The National Housing Supply and Affordability Council reported 308,000 completions since the Accord began and 244,000 dwellings under construction in the March quarter. Approvals and commencements had improved, but falling sales risk undermining the next wave.

For developers and governments, the warning is that planning approvals alone do not create homes. Projects need finance, viable construction pricing and buyers able to settle. If one part fails, approved supply can remain on paper.

Data box

National August new-home sales: Down 10 per cent

Three months to August: Down 19.3 per cent from the preceding three months

Year-on-year three-month comparison: Down 7.7 per cent

Victoria: Down 27 per cent

Queensland: Down 20.2 per cent

New South Wales: Down 17.5 per cent

South Australia: Down 10.8 per cent

Western Australia: Down 8.2 per cent

MAYD”s North Kirra Plans Unveiled Ahead of Early 2027 Launch

New detached-home sales fell 10% nationally in August, led by a 27% decline in Victoria, raising concerns about construction starts in 2027.