An abandoned far north Queensland island resort that was ravaged by Cyclone Yasi eight years ago has been sold to a company that plans to restore it to its formal glory.

Sovereign Island on the Gold Coast has been nicknamed the 'millionaires mile' for its luxury waterfront homes, but during the GFC property values plummeted by up to 40% and never fully recovered.

The Marcus Beach House is designed by Robinson Architects on the Sunshine Coast of Queensland, Australia.

An ideal beachside penthouse gives the feeling of hovering over an endless blue horizon where sea meets sky. Arguably one of Australia’s premier private residences, this polished penthouse on the Gold Coast does just that, encompassing 761 sq m of living space over two levels.

Setting new standards in luxurious Sovereign Island living on Australia’s Gold Coast, Allegra is a rare find. The property’s magnificent architectural design and exclusive corner-waterfront location impart a stately presence. It even includes a wide 56 meter frontage enabling the owner’s private yacht to be moored right up alongside.

Renowned Australian golfer Adam Scott is selling his luxurious three-bedroom apartment on Australia’s Gold Coast.

High net worth individuals from around the world have been competing to buy a piece of paradise in Australia at a bargain price. The lavish Orpheus island resort on the world famous Great Barrier Reef which has hosted celebrities such as singer Elton John and actress Vivien Leigh has been on sale for just AU$10 million, some five million less than it was bought for five years ago.

Bark Architects have designed the Marcus Beach House, located on the Sunshine Coast of Queensland, Australia.

Turtle Island, a small private island off the east coast of Queensland, Australia, is on the market for $5.6 million.The seller is an Australian developer, Marcia Christofidellis.

Ala Moana, is a newly constructed project on Hamilton Island, Great Barrier Reef, Australia. The home’s name is derived from a Hawaiian term that translates to “ocean pathways,” a reference to the winding path that circumnavigates the house before arriving at the entry. This elegant building was planned by Australian architect Omiros One Architecture to make best use of the views and set at dissimilar levels to follow the natural land slope with negligible cutting into the site.