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Maps of the Suburban Rail Loop released by the state government thus far have featured a notable kink in the line in Melbourne's east - a kink that seeks to connect the new SRL directly with the suburb of Glen Waverley.

While the localities in which SRL stations will be located have been announced, the exact location of stations will be determined in early 2020.  However, it's a safe bet in Glen Waverley's case; the underground SRL platforms will be located adjacent to or near the Glen Waverley line terminus.

When the business case for the SRL is released, Glen Waverley's station will be the only terminus the new line will interface with.  

Glen Waverley is also a major rail and bus interchange with over 10 bus routes terminating or passing through the station precinct.  Specifically, buses to and from Glen Waverley connect to suburbs further east through High Street Road and Ferntree Gully Road as well as the orbital 902 start bus other local routes which reach Glen Waverley along Springvale Road.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/srl_glen_waverley.png" rel="gallery-all" title="Glen Waverley. Image: suburbanrailloop.vic.gov.au"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/srl_glen_waverley.png?itok=Nn50TfOI" title="Glen Waverley. Image: suburbanrailloop.vic.gov.au" width="580"></a>

<figcaption>Glen Waverley. Image: suburbanrailloop.vic.gov.au</figcaption></figure>Glen Waverley is home to a large retail precinct anchored by The Glen shopping centre and Century City Walk retail and hotel complex. The suburb has long since started changing from a relatively low-rise eastern suburb to an increasingly higher-density activity centre.

The area houses the Victoria Police Academy and is located midway between the Tally Ho business park to the north on the corner of Springvale Road and Burwood Highway and Brandon Park and the wider Monash NEIC to the south.

One of VicTrack's earliest experiments relating to selling surplus railway land for development is present in Glen Waverley.  The 10 level IKON tower, sitting above an entrance to Glen Waverley station, was completed in 2011 and set a height precedent for the suburb.

Since then the recently completed 15-level Galleria residential tower has had its first residents move in, and the pipeline is aflush with other larger-scale projects.

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/glen-waverley-vic?embeddable=list-map" width="100%"></iframe>

Most projects in the pipeline are concentrated in or around the station and retail precinct and that's best explained by the liberal application of the <a href="https://planning-schemes.delwp.vic.gov.au/__data/assets/pdf_file/0006/490479/monash10zn.pdf">Commercial and Residential Growth zones</a> in Glen Waverley.

In 2016, the City of Monash adopted the <a href="https://www.monash.vic.gov.au/Building-amp-Planning/Strategic-Planning/Structure-Plans/Glen-Waverley-Activity-Centre">Glen Waverley Activity Centre Structure Plan</a> which has guided the most recent projects to have been proposed and approved in the area. 

Yet the plan has its origins from an even earlier timeframe and given the Suburban Rail Loop was not on the radar when these structure plans were being devised, it would not be surprising if the City of Monash embarks on a journey of updating existing plans to enable the precinct to grow with the introduction of the SRL.

The City of Monash completed a community consultation round in mid-2019 that would aid in developing a <a href="https://www.monash.vic.gov.au/Building-Planning/Strategic-Planning/Structure-Plans/Mount-Waverley-Activity-Centre">structure plan for Mount Waverley</a>, two stations closer to the city along the Glen Waverley railway line.

The discussion paper released as part of the consultation round highlighted opportunities of consolidating retail on the western side of Stephensons Road and likewise discussed the opportunity of introducing diverse housing options, including introducing apartments above retail components in Mount Waverley village.

<ul>
<li>Previous stop: <a href="/news/suburban-rail-loop-in-focus-clayton-the-monash-neic">Clayton &amp; the Monash NEIC</a></li>
	<li>Next stop: <a href="/news/suburban-rail-loop-in-focus-burwood">Burwood &amp; Deakin University's campus</a></li>
</ul>
Lead image credit: <a href="https://en.wikipedia.org/wiki/Glen_Waverley_railway_station">Wikipedia</a>
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Alastair Taylor

Suburban Rail Loop in focus: Glen Waverley

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Located just over the halfway point if a crow were to fly between Melbourne's CBD and Dandenong, Clayton station is set to be the major interchange for the Suburban Rail Loop with the Pakenham and Cranbourne metro lines as well as Gippsland V/Line services.

The state government dubbed Clayton, Broadmeadows and Sunshine stations as 'super-hubs' in the context of the Suburban Rail Loop because each of the three stations would see metro and V/Line services stop to allow cross-town interchanges on the new line.  Clayton for Gippsland V/Line services, Broadmeadows for Albury and Shepparton V/Line services and Sunshine for services on the big three regional trunks to Geelong, Ballarat and Bendigo.

Monash University's original and primary campus is located approximately 1-1.5 km north of the existing Clayton station and all the maps published to date suggest there will be a station at or located adjacent to Monash University.  

Monash University and the wider employment precinct located just north of Clayton station has for the past few years seen an emphasis on future structure planning, having been deemed a National Employment and Innovation Cluster (NEIC) by the <a href="https://vpa.vic.gov.au/project/monash-employment-cluster/">Victorian Planning Authority</a>.  

The Monah NEIC, with the University as its key anchor tenant, is the largest concentration jobs outside the Melbourne CBD and according to VPA data, the region already contributes $9.4 billion to the Victorian economy per annum.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/clayton_levelcrossing_removal1.jpg" rel="gallery-all" title="Clayton has seen significant public investment in the past few years. Image: levelcrossings.vic.gov.au"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/clayton_levelcrossing_removal1.jpg?itok=9gwu7pkD" title="Clayton has seen significant public investment in the past few years. Image: levelcrossings.vic.gov.au" width="580"></a>

<figcaption>Clayton has seen significant public investment in the past few years. Image: levelcrossings.vic.gov.au</figcaption></figure>Unlike Cheltenham, Glen Waverley and Box Hill, there's not a lot of existing projects we're tracking on the Urban database along the phase 1 alignment of the Suburban Rail Loop.  There have been notable exceptions in the past with some of the higher density buildings developed at Jackson Green near Centre Road and M-City projects on the Princes Highway featuring prominently in the database and in editorial.

On the VPA website, the status of the framework plan for the Monash NEIC appears to have stalled, showing the plan is still in a finalisation phase with an estimated completion of Mid-2018.  Perhaps, that might be easy to explain: the Suburban Rail Loop election policy was announced in 2018 and it naturally will affect the transport planning for the precinct.

The draft framework plan developed by the VPA was published in 2017 and it makes mention of working with the City of Monash to develop a precinct plan for Clayton within the NEIC.  That precinct plan has been developed by the City of Monash in collaboration with TRACT Consultants and a recent community consultation period was completed in September 2019.

The draft precinct plan for Clayton emphasises expanding medical and research industry activities - with the ever-present Monash Medical Centre and new Children's hospital as anchors - and the draft precinct plan sees opportunities for developing other commercial, retail and mixed-use residential sites along the Clayton Road spine.  <a href="https://www.monash.vic.gov.au/files/assets/public/about-us/council/council-meetings/2019-25-june/1.1-attachment-2-council-meeting-25-june-2019.pdf">One map in the draft</a> depicts building heights peaking near 10 levels - in particular, north of Clayton Station - and notes the liberal use of the residential growth zone already in force in the area.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/clayton_precinct_neic_context1.png" rel="gallery-all" title="Major transport routes in the context of the Clayton precinct plan. Image: TRACT Consultants/City of Monash"><img alt="" class="image-article-full-width-580px" height="706" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/clayton_precinct_neic_context1.png?itok=I9ystsL0" title="Major transport routes in the context of the Clayton precinct plan. Image: TRACT Consultants/City of Monash" width="580"></a>

<figcaption>Major transport routes in the context of the Clayton precinct plan. Image: TRACT Consultants/City of Monash</figcaption></figure>VPA's Monash NEIC draft framework plan almost singles out other activity centres that will see precinct plans: Huntingdale, Springvale and Sandown Park which also involves the neighbouring councils of Greater Dandenong and Kingston.

<a href="https://www.monash.vic.gov.au/files/assets/public/about-us/council/council-meetings/2019-25-june/1.1-attachment-3-council-meeting-25-june-2019.pdf">Huntingdale's draft precinct plan</a> was devised by SJB Urban and like Clayton's precinct plan, wrapped up a community consultation period in September 2019.

Overall however, we'll have to wait to see how the VPA's framework plan may change with the addition of the Suburban Rail Loop now thrown into the mix.  Depending on what the City of Monash ultimately adopts, all the draft plans point to more intensive employment, retail and residential uses.

The existing pipeline of projects on the Urban database in the Clayton &amp; Monash University areas is limited to either lower-rise apartment buildings, townhouses or academic buildings - with the notable exceptions mentioned earlier.  

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/new-apartments/clayton-vic?embeddable=list-map" width="100%"></iframe>

Previous stop: <a href="/news/suburban-rail-loop-in-focus-cheltenham">Cheltenham</a>

Next stop: <a href="/news/suburban-rail-loop-in-focus-glen-waverley">Glen Waverley</a>.
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Suburban Rail Loop in focus: Clayton & the Monash NEIC

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A not-for-profit alliance of institutions local to Melbourne's west, chaired by former Victorian Premier Steve Bracks, has produced a paper to outline its thinking on how economic growth and job development should be supercharged off the back of the significant public investment heading into the region over the next two decades.

The West of Melbourne Economic Development Alliance (WoMEDA) board comprises representatives from Victoria University, Western Bulldogs Football Club, Wyndham City Council, Western Health, City West Water, Maribyrnong City Council, John Holland, Scalzo Foods and Lead West.

The paper notes the State Government has made crucial decisions that will shape Sunshine's future through the establishment of a transport 'super-hub' at Sunshine, declaring Sunshine as a Priority Precinct for investment and development and enhancing suburban railways through Sunshine.

The Sunshine super-hub concept relates to State Government initiatives that are set to run through Sunshine, such as the Melbourne Airport Rail Link, Suburban Rail Loop and Western Rail Plan (electrification of Melton and Wyndham Vale railway lines).

<a href="https://www.vu.edu.au/sites/default/files/womeda-sunshine-economic-development-jobs-strategy.pdf">Sunshine: daring to be great</a> sets out WoMEDA's aspirations for the area by attracting more public and private investment and channelling it into four key anchor institutions: a medical complex, a university/polytechnic complex, a court/justice complex and transport/retail complex.

The paper notes each of the four anchor institutions will need to grow to support a target of 50,000 new jobs to Sunshine and the immediate area by 2036 and outlines what success will look like in 6 different ways.  

<ol>
<li>An attractive precinct to work and play: A new Town Square near Brimbank's Council offices, transforming Hampshire Road into a car-free street, park and tree cover extended throughout the precinct and the development of new affordable housing.
</li>
	<li>A vibrant economy: plenty of local jobs: Success in this aspect would include more public administration and justice jobs; more healthy sector, business services and education jobs; and attracting airport-oriented employment jobs.
</li>
	<li>Great Transport Access: Fast train links to the city via the Melbourne Airport Rail Link, enhanced connectivity to the west and south west through the electrification and service improvements to Melton and Wyndham Vale, an expanded tram network to Deer Park, Altona and Moonee Ponds and a clearing articulated active transport strategy.
</li>
	<li>Strong Education Infrastructure: Enhanced investments to Victoria University and Victoria University Polytechnic, VU Polytechnic integrated into the state's overall advanced manufacturing strategy, deeper university engagement at Sunshine Hospital and a high-performing high school to be set up in the region.
</li>
	<li>Adequate leisure opportunities: Protect Sunshine's multi-cultural restaurant precinct, support nearby sports and entertainment facilities, attract a branch of the National Gallery of Victoria and further upgrades to the Sunshine Leisure Centre and Cinema/entertainment complex. 
</li>
	<li>Attractive to investors: State and councils will need to provide planning clarity and certainty, highlight clear opportunities for growth and deliver promised infrastructure.
</li>
</ol>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sunshine_daring1.png" rel="gallery-all" title="Spotlight on the Sunshine Triangle"><img alt="" class="image-article-full-width-580px" height="395" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sunshine_daring1.png?itok=fTKSFWwY" title="Spotlight on the Sunshine Triangle" width="580"></a>

<figcaption>Spotlight on the Sunshine Triangle</figcaption></figure>The core of Sunshine, with the station precinct at heart, in WoMEDA's eyes would see increased mixed-use residential, commercial and retail uses concentrated in higher-densities.

The paper notes the population of the West of Melbourne is expected to almost double over 20 years from 686,000 to 1.5 million, giving the region a similar population to the entirety of Adelaide.

<blockquote>
"A total of 267,761 extra people in the West will be looking for jobs in sixteen years from now.  This is about 60% added to the current workforce of 484,000."  
</blockquote>

The paper furthermore notes 230,000 people commute out of the West every day for work and to limit commuting the entire West of Melbourne region needs between 138,000 and 317,000 extra jobs.

Health and care sectors are naturally a focus for the paper, as is the case in many parts of the country, it is one industry sector that is experiencing very fast employment growth.   

<blockquote>
"The health and care sectors will generate about one job in three and clear it has to be a principal focus of job creation in the West."
</blockquote>

WoMEDA would also like to see the existing Magistrates court precinct expanded dramatically into a wider legal services hub to cater to the expected professional, scientific and technical services to be located in the region as well as catering for enhanced public administration and safety.

The alliance is very keen to get the jump on other precincts around the metro area by setting itself up as a spillover precinct for airport-related jobs.  The paper draws a very tight correlation between Tullamarine Airport expansion and the building of the Melbourne Airport Rail Link.

<blockquote>
"Tullamarine Airport is planned to undergo very rapid expansion. Employment within the airport precinct is projected to increase by 14,000 to 35,000 jobs by 2038 if a third runway is built.  The adjacent business parts are likely to add a further 7,000.  Nearly 70% of workers live locally and if Sunshine captures just 5% [of the expected jobs increase], it increases local employment by 1,000 jobs."  
</blockquote>

On top of developing more affordable housing in central Sunshine, the paper also notes that Braybrook's current public and social housing stock should also be developed and expanded over time.

Click <a href="https://www.vu.edu.au/sites/default/files/womeda-sunshine-economic-development-jobs-strategy.pdf">here</a> to read the 'Sunshine: daring to be great' paper.

Lead image credit: <a href="https://en.wikipedia.org/wiki/Sunshine,_Victoria">Wikipedia</a>
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Alliance of Melbourne's West institutions publishes new economic development and jobs strategy: Sunshine, daring to be great

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A question that has existed ever since the Suburban Rail Loop project was announced in the run-up to the 2018 Victorian State Election has been answered.  The Suburban Rail Loop line and system will be different from the existing Melbourne rail network, much the same way the Sydney Metro system under development in New South Wales differs from the existing Sydney trains network.

Marking the 1 year anniversary of his government, the Victorian Premier Daniel Andrews, announced the Suburban Rail Loop that was unveiled as a key re-election policy in 2018 will be a standalone railway, operating independently of the existing Melbourne rail network.

Operationally independent, but still integrated at the key interchange stations which will provide the interface with the new line, gives the State Government wriggle room when it comes to setting the parameters for the new infrastructure, and some of those parameters are now clearer.

On Sunday, the State Government released a media statement.

<blockquote>
The Surban Rail Loop will be built as a separate rail line, meaning it can use state-of-the-art systems from around the world without having to retrofit technology into the existing network - saving time and money

Being a dedicated line also means the design of the trains that use the line won't be constrainted by the requirements of Melbourne's hundred-year-old train network.  

As a result, the new trains will be four to five carriages long and faster than the existing fleet.

Being smaller, means they can turn up more often, and that the platforms will be shorter - reducing the distance passengers need to walk at the station each day to get on the train.
</blockquote>

It follows that with shorter platforms, the cost to build stations will be cheaper when compared to those that are currently under construction on the Melbourne Metro Tunnel project.  

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" scrolling="no" src="https://www.youtube.com/embed/xUDydY0FXBA" width="100%"></iframe>

Pre-construction work on the first stage of the route from Cheltenham to Box Hill is underway with the government stating 14 boreholes have already been dug as part of the geotechnical investigations phase of the project.  Up to 100 will be drilled by mid-2020, according to the government media statement.

Community consultation and market engagement related activities are expected to increase next year and construction is still expected to begin by 2022.

<h2>Comment</h2>

More than 12 months on from the election and the original policy unveiling, the latest animation and statements produced by the state government still remain very high-level.

We still see a generic map that looks like more effort was put into it through the eastern and northern sides of Melbourne, yet in the west we still see the SRL running directly from Sunshine to Werribee.  

The 'we'll start the build and other governments will finish it' rhetoric is still the same and other local media are reporting that the Premier stated he would prefer the new system to have drivers (despite the fact the very parameters we now know by virtue of the statements today point to a driverless system). 

Those details are still being worked out, according to the Premier.  Sure enough, multi-millions were allocated in this year's state budget and we're promised to see the outcomes of all that work next year - where hopefully many other questions will be answered.

Regardless, the latest drip-feed does start to paint a picture of a new rail line that, on the face of it, might stretch a $50 billion figure a lot further than what some people would understandably think.  That is of course if the projected cost of the entire project is still $50 billion - we simply won't know until the business case is released and it's worth pointing out that the previously trotted-out figure was not present in Sunday's media statement.

The other thing to watch for when the business case does get released is how it will interface with other profile public transport projects - the Melbourne Airport Rail Link and the Western Rail Plan - because today didn't appear to answer any questions in that department either.

Private investment will be welcomed according to the Premier - whether that means a direct financial/ownership stake in the new rail infrastructure or developing land surrounding stations is not clear either - but it's worth taking a look at what is already present in the development pipeline for each station location.

That's going to be a focus over the next few weeks on Apartments.com.au and to kick things off, I present a map of Box Hill developments on <a href="/developments/box-hill-vic-3128">the database</a>.  It's not outside the bounds of possibility that each suburb that will see an SRL station will look like this once the SRL is under construction.

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/box-hill-vic?embeddable=list-map" width="100%"></iframe>

Up next, a look at the pipeline and planning regimes at various phase 1 station locations: <a href="/news/suburban-rail-loop-in-focus-cheltenham">Suburban Rail Loop in focus: Cheltenham</a>
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Victorian Government says Melbourne's Suburban Rail Loop will be an operationally-independent railway

The City of Parramatta Council has unveiled an animated flythrough of Parramatta's CBD offering residents and those from further afield a glimpse of what the city will look like in the near future. The projects shown in the animation encompass 30 different projects that won design excellence competitions over the past four years with the council stating they have a combined development value of $5.5 billion.

Design excellence competitions are normally triggered when a proposed development hits certain thresholds relating to height, site area, capital value or location (i.e. a key or landmark site). The City of Parramatta requires a design excellence competition for projects that are proposed to have a height of 55m or more, likewise if the capital value of the project exceeds $100 million&nbsp;a competition is also required.&nbsp;&nbsp;

Lord Mayor, Cr Bob Dwyer, said,

<blockquote>
"At the core of any great city is quality design and planning. This leads to the construction of first-rate commercial and residential buildings and infrastructure that meets the needs of current and future populations. The flythrough animation provides a remarkable glimpse into the future of Parramatta, showcasing exceptional architecture that will undoubtedly help cement Parramatta as a world-class city."
</blockquote>

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" scrolling="no" src="https://www.youtube.com/embed/vfFcGdiQv74" width="100%"></iframe>

Projects featured in the fly through include Bankwest Stadium, <a href="/developments/parramatta-nsw-2150">Parramatta Square</a>, Parramatta Aquatic and Leisure Centre, the Civic Link and Arthur Phillip High School which will be NSW's first high-rise public high school.

Parramatta is also a major focus for new public transport projects within metropolitan Sydney.&nbsp; Parramatta has already seen early-stage works begin for its new light rail system that will travel from Westmead through North Parramatta, into the Parramatta CBD, then it will replace the existing Carlingford Sydney trains line.&nbsp;&nbsp;

The second stage of light rail expansion might see a network junction near Rosehill that would then connect through Melrose Park, crossing the Parramatta River into Westworth Point and then terminating at Sydney Olympic Park.

Metropolitan Sydney's blitz of new metro lines - railways operated by driverless trains, operationally separate from the existing Sydney Trains network - will reach Parramatta's CBD as well with the state government team driving the Sydney Metro West project recently outlining&nbsp;station locations in the region.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sm_west_map_update_forweb_oct_2019-01.jpg" rel="gallery-all" title="Sydney Metro West route. Image: sydneymetro.info"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="320" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sm_west_map_update_forweb_oct_2019-01.jpg?itok=72rvdLIw" title="Sydney Metro West route. Image: sydneymetro.info" width="580" /></a>

<figcaption>Sydney Metro West route. Image: sydneymetro.info</figcaption>
</figure>

Construction on Sydney Metro West is set to start in 2020 at the Bays Precinct site further up the line toward Sydney's CBD to prepare the site for major tunnelling works.

Bankwest Stadium opened in April 2019, the new aquatic and leisure centre's development application will be lodged in 2020 and new learning spaces in the new Arthur Phillip High School will be ready for teachers and students at the start of term 1 in 2020.

Parramatta is no stranger to the <a href="/">Apartments.com.au</a> database with many of the projects shown in the City of Parramatta Council's animation listed locally where there upwards of 40 medium and high-density projects being tracked for the locality.

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/parramatta-nsw?embeddable=list-map" width="100%"></iframe>

<h2>Properties selling now in Sydney:</h2>

[smartcode_project:default project_id=21618]

[smartcode_project:default project_id=7619]

[smartcode_project:default project_id=7758]

Council offers a glimpse of what Parramatta will look like in the near future

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The third stage of the Gold Coast's light rail project has been approved after securing extra Federal funding to the tune of $157 million. The total Federal Government contribution to the project will total $269 million with the Queensland Government set to contribute $351 million and the Gold Coast City Council contributing $89 million. From the existing southern terminus at Broadbeach, the Stage 3A extension will utilise the Gold Coast Highway median and include an extra 8 stops along the 7km of new tram track to be built.

Upon completion, Mermaid Beach, Miami and Burleigh Heads will be connected to Broadbeach, Surfers Paradise, Southport, and the tram-train interchange at Helensvale by rail for the first time.

A media release from the Prime Minister and Queensland Premier states that the project will create more than 760 jobs during construction.

The investment in the Gold Coast Light Rail extension project sits beside other initiatives in Queensland including the Federal government contributing $50 billion to the relocation of Loganlea station as well as various road upgrades around the state.

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" scrolling="no" src="https://www.youtube.com/embed/ltnQyCVHu8g" width="100%"></iframe>

There are several projects already in the pipeline along the path of the light rail extension project.

Together Mermaid Beach, Miami and Burleigh Heads have several apartment and townhouse projects either underway or waiting for the go-ahead, including the multi-tower <a href="/new-apartments/2605-gold-coast-highway-mermaid-beach">Elegance project</a> located at the existing Broadbeach South light rail terminus and the <a href="/buildings/sandbar-burleigh-heads-1969-1971-gold-coast-highway-burleigh-heads">Sandbar Burleigh</a> project that is located near the new Christine Avenue stop.

Not to be outdone by other suburbs, the bulk of the Gold Coast's pipeline of higher-density residential and commercial projects are located in the arc spanning Southport, Surfers Paradise and Broadbeach.  

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/miami-qld?embeddable=list-map" width="100%"></iframe>

No specific start dates for the extension project were mentioned in media releases from the various levels of government but funding will flow 'immediately' and local Queensland media are reporting the likely start for the extension will be in 2020 with a 3-year construction timeframe. 

Lead image credit: <a href="https://en.wikipedia.org/wiki/G:link">wikipedia</a>
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Gold Coast Light Rail Stage 3A to start soon after securing extra Federal Government funding

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The level of economic activity contained within the 37.7 square kilometres that make up the municipal area of the City of Melbourne has surpassed $100 billion for the first time and in 2018 this was larger than the entire states of South Australia and Tasmania as well as the Australian Capital Territory.

City of Melbourne's own Census of Land Use and Employment (CLUE) recorded the Gross Local Product for the municipality grew more than 5% to reach $100.3 billion. South Australia, Tasmania and the Australian Capital Territory's Gross State Products for the same time period totalled $96 billion.

According to the 2018 CLUE, 479,200 jobs across almost 17,000 business are now contained within the City of Melbourne and over the past decade employment in Docklands has increased 243% or an increase in 51,600 jobs.

Lord Mayor Sally Capp said,

<blockquote>
"We've added 12,630 new dwellings to the CBD in the past ten years. The growth in our CBD alone is the equivalent of the entire amount of housing within the City of Adelaide."
</blockquote>

The City of Melbourne now has 83,080 residential dwellings, 67,420 of which are apartments.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/clue-2018-summary-report-infographic-page-001.jpg" rel="gallery-all" title="Infographic on CLUE's 2018 results. Image: City of Melbourne"><img alt="" class="image-article-full-width-580px" height="820" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/clue-2018-summary-report-infographic-page-001.jpg?itok=QAkWXuFh" title="Infographic on CLUE's 2018 results. Image: City of Melbourne" width="580"></a>

<figcaption>Infographic on CLUE's 2018 results. Image: City of Melbourne</figcaption></figure>Office space in the City of Melbourne has increased by 10% over the past decade, clocking an extra 500,000 square metres on the land use census. Back in 2018, predictions were that City of Melbourne's office supply would increase by 170,000 square metres in 2019 and in 2020, supply would increase by another 290,000 square metres.

In terms of projects in the pipeline, the suburb 'Melbourne' (Postcodes 3000 and 3004) has <a href="/new-apartments/melbourne-vic">47 projects on the Urban.com.au database</a>.

In Southbank, there are 35 projects at various stages in the development pipeline. Projects such as Australia 108 which will be the city's next tallest building and is nearing the end of its construction phase, has had residents living in the building - at lower levels - for well over a year.

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/new-apartments/southbank-vic?embeddable=list-map" width="100%"></iframe>

Docklands, nearing completion still registers 17 projects on the Apartments.com.au database with Lend Lease recently announcing what its final buildings will look like in Victoria Harbour.

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/new-apartments/docklands-vic?embeddable=list-map" width="100%"></iframe>

Multiple state government-focused transport projects, such as extending trams from Docklands onto the southern bank of the Yarra, are or have had some level of planning completed to drive the growth into Fishermans Bend. Precinct plans for the massive 480-hectare urban redevelopment zone have been underway since the <a href="/news/fishermans-bend-framework-and-planning-controls-finalised">Fishermans Bend framework was released</a> in mid-2018.
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City of Melbourne's economy now larger than South Australia, Tasmania and the ACT combined

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On Tuesday night (12th of November), the City of Melbourne's Future Melbourne committee endorsed the council's submission to the Victorian Government's Ministerial Advisory Committee on Planning Mechanisms for Affordable Housing, effectively making clear the council supports a mandatory and state-wide inclusionary zoning mechanism to increase affordable housing across the state.

The Advisory Committee was appointed in September, has been set up to operate for six months and, will deliver its final report containing advice to the Planning Minister on affordable housing models and options within three months of its initial meeting.

City of Melbourne's submission notes it is developing its own Affordable Housing Strategy that is set to build on its Homes for People: Housing Strategy 2014-2018.  Other research obtained by the City of Melbourne, namely a Housing Needs Analysis, found that there is a current shortfall of at least 5500 affordable rental homes in the municipality and that number is anticipated to increase to 23,200 by 2036.

The council's now-adopted report states,

<blockquote>
"Current mechanisms in the Melbourne Planning Scheme which seek to encourage affordable housing are yet to deliver any affordable homes.  No affordable homes have been negotiated in private developments in the City of Melbourne since legislative changes to the Act. State and federal government programs are anticipated to provide 250 affordable homes in the City of Melbourne by 2036 [and] the introduction of a mechanism to the Victorian planning system requiring affordable housing will ensure a consistent supply."
</blockquote>

The City of Melbourne’s submission to the Ministerial Advisory Committee recommends there is an introduction of state-wide mandatory inclusionary zoning, at a rate to be determined by modelling, with a cash-in-lieu option, complemented by:

<ul>
<li>Flexibility for local governments to increase the state-wide minimum requirement where there is strategic justification and evidence of need;</li>
	<li>A voluntary uplift incentive that can be applied in strategic development areas to encourage a higher provision beyond the state-wide minimum or any local government-specific minimum; </li>
	<li>A commitment from the three tiers of government to work in partnership to create a holistic and integrated approach to ensure that policy, funding, incentives and governance is effective. </li>
</ul>
SGS Economics and Planning was commissioned to undertake a Housing Needs Analysis that looked at current and future demand for affordable rental housing within the City of Melbourne, the inner Melbourne and metropolitan Melbourne.

For inner-Melbourne, the analysis found a shortfall of 29,500 affordable and social housing dwellings in the Inner Metro Partnership region (which includes the Cities of Melbourne, Port Phillip and Yarra).  Likewise, for metropolitan Melbourne, the analysis found 231,250 households are "currently in need of affordable and social housing," accounting for 13% of all households.

The council's submission, through research performed by SGS, references other jurisdiction's inclusionary zoning implementations including in South Australia, New South Wales, London and California.  In San Francisco for example, new private housing developments with 10 or more housing units are to include affordable housing units or pay a fee in lieu.

Non-residential development mechanisms to finance affordable housing are also cited - for instance in Boston - Melbourne's sister-city - approximately 5000 affordable units were financed through a levy of $8 per square foot on new commercial development that generated $45 million USD between 1986 and 2000.

The Advisory Committee's final report is set to be delivered by early December 2019.

To read the City of Melbourne's Ministerial Advisory Committee submission as well as its supporting evidence, see <a href="https://www.melbourne.vic.gov.au/about-council/committees-meetings/meeting-archive/MeetingAgendaItemAttachments/878/15660/NOV19%20FMC1%20AGENDA%20ITEM%206.5%20SUBMISSIONS%20TO%20MINISTERIAL%20ADVISORY%20COMMITTEE%20ON%20PLANNING%20MECHANISMS.pdf">melbourne.vic.gov.au</a>.

Lead image: Artist impression of the Boyd development, which includes affordable housing via <a href="https://twitter.com/cityofmelbourne">City of Melbourne</a>
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City of Melbourne adopts policy for mandatory inclusionary zoning as mechanism to deliver affordable housing

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The juggernaut level crossing removal project in Melbourne rolls on with the Level Crossing Removal Authority unveiling new renders and video for the solution to remove the Cherry Street level crossing in Werribee.

A new road bridge will be constructed further up the line that links Tarneit Road directly to the Princes Highway through an irrigation existing reserve.  

Similar to the Aviation Road level crossing removal design response, now complete up the line at Aircraft station, the new bridge rises in parallel with the railway line on the northern side then crosses over the railway corridor then gently lowers down to the Princes Highway in the irrigation channel reserve next to the Wyndham City Council offices. 

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="350" scrolling="no" src="https://www.youtube.com/embed/foNCjwvD2sc" width="100%"></iframe>

Public consultation documents on the <a href="https://your.levelcrossings.vic.gov.au/cherry-street-werribee">LXRA's website</a> show a range of design responses were considered but ultimately ruled out.

Building a road bridge over the rail corridor at Cherry Street was ruled out because it would create a 9m high barrier right in the heart of Werribee. 

Raising the railway lines over the existing Cherry Street grade was ruled out because it would extend the construction period out to 2 years. "Three train tracks currently cross Cherry Street, and network plans suggest more train lines could be added in the future. All future tracks would need to be elevated, and property acquisition would be required," the report says.

The interstate railway line that runs through the Werribee line corridor has restrictions on disruption and like elevating it above the road corridor, lowering it under the rail corridor was ruled out.

A new road underpass through the irrigation channel alignment was also ruled out due to the need to move oil pipeline infrastructure.

The outer western region of Melbourne will see a significant amount of public transport investment on top of level crossing removal work.  Old Geelong Road at Hoppers Crossing and Werribee Street located to the west of Werribee station are two more locations with level crossing removal design investigations underway.

And as Apartments.com.au highlighted last week, the region will benefit in some shape or form with the <a href="/news/werribee">Western Rail Plan and Melbourne Airport Rail Link</a> projects likely to dramatically increase capacity to a region that has many <a href="/news/an-overview-of-western-melbourne-precinct-structure-plans">drivers of growth</a>. 

<h2>Not to be out-done by the west, four level crossing removal designs in Melbourne's north were announced today</h2>

The Premier and Minister for Transport Infrastructure were in Preston to announce the Level Crossing Removal Authority will remove four level crossings on the Mernda line in one fell swoop by building a 2km-long rail bridge.

Bell and Preston stations will be rebuilt and the level crossings to go are Bell Street, Cramer Street, Murray Road and Oakover Road.

The S bend starting just north of Bell Street between Bell and Preston stations will be straightened, increasing speeds and therefore train throughput.  The State Government has conceded it will require property acquisition adjacent to the railway corridor and residents were informed prior to the media conference on site today.

Preston has long been a centre with an increasing amount of medium and high-density projects in the pipeline.  <a href="/new-apartments/preston-vic-3072">26 new apartment projects for Preston</a> currently exist on the Apartments.com.au database with the total pipeline bulking out to 48 apartment and townhouse projects.

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/preston-vic?embeddable=list-map" width="100%"></iframe>

Similar to the Caulfield-Dandenong corridor and the Upfield corridor between Coburg and Moreland stations, an elevated rail line will create new open/green space once the level crossing removal is complete. Another round of consultation will open up to enable the Preston community to have their say on how the authority will develop their new open space.

Lead image credit: <a href="http://levelcrossings.vic.gov.au">levelcrossings.vic.gov.au</a>
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Level crossing removal design unveiled for Werribee: Authority selects elevated solution for Mernda line through Preston

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Cheltenham, halfway along the Frankston line, one of Melbourne's longest on the existing network, a mountain of public investment has been mobilised to <a href="/news/designs-unveiled-for-mentone-and-cheltenham-stations-with-work-set-to-commence-mid-year">rebuild a station and remove two level crossings</a>. Likewise, the gravy train of public investment won't be stopping after the level crossings are removed because Cheltenham will be the eastern (or southern, depending on which way you look at the map) terminus for the Suburban Rail Loop.

The level crossing removal program is no stranger to Apartments.com.au's pages and nor is it a stranger to most Melburnians. While I accept that a level crossing removal project is most noteworthy to its respective local community, seeing where the investment is driving change is noteworthy, especially in Cheltenham's case.

Over the weekend, the Premier and Minister for Transport Infrastructure announced the Suburban Rail Loop - already flagged as terminating in the Cheltenham area over a year ago - will be an independent railway line, operating separately from the existing network but integrating with it at key interchange stations.

For the Frankston line, Cheltenham was announced back in September 2019 for the location of the new Suburban Rail Loop station its set to expand on construction work now underway in Cheltenham will result in a new station for the Frankston line sunk below the grade of the existing station. 

<iframe frameborder="0" height="500" scrolling="no" src="https://www.urban.com.au/developments/cheltenham-vic?embeddable=list-map" width="100%"></iframe>

Cheltenham has a healthy pipeline of projects with the Urban database currently showing 28 across the entire suburb.  The majority of the projects in the pipeline are located between the Nepean Highway and the Frankston Railway line, either side of Park Road (which along with Charman Road will be removed as part of the level crossing removals underway).

Approximately half of the projects in the pipeline are located within a 500-metre walk of Cheltenham station.

Public Transport on this scale is the exact kind that goes hand in hand with accelerating the modal shift from cars as well as providing high-quality transport for people who would seek a lifestyle away from the automotive grind by living in higher-density precincts.

The municipality governing Cheltenham, the City of Kingston, already has planning mechanisms in place that have allowed the current crop of recently built and pipeline projects to proceed. Similarly, the council has shown its willingness to update plans.

In January 2018, the City of Kingston adopted a review into its <a href="https://www.kingston.vic.gov.au/Places-and-Events/Shopping-Villages/Cheltenham-Urban-Shopping-Village/Cheltenham-Structure-Plan">Cheltenham Structure Plan</a> which was first adopted back in 2010.  The original structure plan was devised within the policy context of Melbourne 2030 and Melbourne @ 5 Million and the findings translated into the Kingston Planning Scheme through the introduction of an Activity Centre Zone, which remains in place.

It's worth noting the January 2018 review was conducted before the State Government unveiled its Suburban Rail Loop election policy and the review only takes into account the change that will occur through the level crossing removal program.

Exact station locations for the entire Suburban Rail Loop are still to be determined - the State Government announced over the weekend that consultation will ramp up in early 2020 - however it's not outside the realms of possibility that the City of Kingston, by virtue of the Suburban Rail Loop scheduled to terminate and transport a lot more people into its own front yard, might revisit the Cheltenham structure plan once again in the next few years.

Next stop: <a href="/news/suburban-rail-loop-in-focus-clayton-the-monash-neic">Clayton &amp; the Monash NEIC</a>.

Lead image: Southbay
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Suburban Rail Loop in focus: Cheltenham

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Joel Robinson

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

[smartcode_project:default project_id=106566 project_image_fid=185853]

Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

[smartcode_project:default project_id=106566 project_image_fid=362498]

Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

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According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

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The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

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Alastair Taylor

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