Golden Age&rsquo;s irregular initiative at its Sky Garden, Glen Waverley apartment project, which offers&nbsp;prospective&nbsp;buyers a chance to stay at the apartment for a few nights&nbsp;before committing to a purchase, has been met with keen interest and demand.

Potential buyers will be able to stay at&nbsp;one of six display residences, featuring a similar layout and/or aspect they are interested in purchasing and can stay for up to two nights.

Program manager Michael Tay secured a two-bedroom investment in the building after taking part in the initiative with his family.

[smartcode_project:default project_id=2881 project_image_fid=183532]

Tay felt that the &#39;Try Before You Buy&#39; offered a renter&rsquo;s point of view and consequently a more accurate representation of the Sky Garden lifestyle, which could only have been achieved through the in-person experience.&nbsp;

&ldquo;The Try Before You Buy initiative is very good, staying in the apartment overnight makes a big difference because you get a sense of the area in the evening, and what it is like to wake up there in the morning,&quot; Tay said.

&quot;There was no traffic or road noise during the night thanks to double glazed windows.

&ldquo;The initiative by Golden Age allowed us to experience life through the renter&rsquo;s perspective by living in the residence for a night, which is very different to just looking at a floor plan or taking a tour, as you do not get as good a sense of what you are buying,&rdquo; he added.

Residing in a styled residence also gave Tay and his family an accurate idea of available space.

[smartcode_project:default project_id=2881 project_image_fid=183523]

&ldquo;As the apartment is already furnished, you get a feel for what it is like to walk through the space, see the joinery and cabinetry, and how much of the space could be filled by your own furniture if you live there,&rdquo; he said.

Tay said that he was surprised by the high-level of amenity in the project.

&ldquo;I was surprised by how well maintained the amenities were, particularly the pool and sauna. The stay also gave me an idea of what the crowd is like at the gym on a Saturday morning, and how people use the facilities.&rdquo;

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The &lsquo;Try Before You Buy&rsquo; initiative provides vetted prospective buyers exclusive access to all amenities, including the swimming pool, gym, library and mahjong room, and booking privileges to the private dining room and movie theatre.

Golden Age Sales and Marketing Director Dandan Zhao said buyers are often hesitant to buy an apartment if they are conditioned to living in a house, but once they try it, it provides them a new perspective.

[smartcode_project:default project_id=2881 project_image_fid=184593]

&ldquo;We want everyone to experience the benefits of living in an apartment firsthand as we believe it will help break down any misconceptions they may have,&rdquo; she said.

Conveniently located below Sky Garden, The Glen features an array of 240 specialty retail stores and a fresh food market hall. Australia&rsquo;s largest air rights development to date was designed in collaboration with multi-award-winning architect Rothelowman, with interiors by DKO Architecture and landscaping by Aspect Studios.

Sky Garden highlights include a 4,000sqm outdoor podium garden complete with a relaxation zone, entertainment lounges, vegetable gardens, children&rsquo;s play area and outdoor fitness areas.

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The initiative offers potential buyers have access to one of six display residences featuring a similar layout and/or aspect they are interested in purchasing and can enjoy up to two nights stay in the residence. 



alisonwarters@gmail.com

Buyer snaps up Sky Garden, Glen Waverley apartments after ‘Try Before You Buy’ initiative

A local developer&nbsp;has lodged plans for a $16 million residential development in the heart of Kensington.

The proposal outlines plans for a nine-storey building at 6-10 Bowral Street, with a contemporary style&nbsp;that uses solid concrete forms and curvature, to create an identifiable and unique architecture.

Comprising 44 apartments in total, the building will be made up of a selection of eight studio, seven one-bedroom, 15 two-bedroom, and 14 three-bedroom apartments, with two floors of basement car parking.

Designed by PBD Architects, the residences maximise natural light and cross flow ventilation where possible, with recessed balconies providing shade in the summer, as well as promoting thermal heat gain during the winter months.

<a href="/new-apartments/6-bowral-street-kensington"><img alt="" height="984" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-08_at_5.10.30_pm.png" title="VIEW FROM NORTH WEST ON BOWRAL ST - WITH POTENTIAL MASSING OF FUTURE DEVELOPMENTS AT 4 BOWRAL ST TO THE WEST AND 12-16 BOWRAL ST TO THE EAST (AS PER PROPOSED DCP CONTROLS)" width="1704" /></a> 
Artist impression of the view from the north-west on Bowral St. With potential massing of future developments at 4 Bowral St to the west and 12-16 to the east. Image credit PBD.&nbsp;

A majority of the residences benefit from a northern aspect, while every residence features open-plan layouts, with bedrooms and bathrooms separate from the living areas and the kitchen.

Terraces and balconies stretch across the width of the apartments, giving all of the living areas and many of the rooms direct access to the outdoor open space.

The plans also outline a communal open space on level six, set to include a swimming pool, barbecue facilities and seating areas, surrounded by lush architectural landscaping.

The general architectural expression is relatively simple, presenting a series of three bays that are defined by indentations in the facade, with an upper and lower portion, distinguished by a three-metre setback and slight changes in form and materiality.

The lower levels are expressed with thick solid concrete walls, that make up the balustrade of the balconies behind, but curve around to form the soffit of the units below.

With planting growing over them these balcony forms create a solid podium presentation, providing not only privacy to those units from the public domain, but presenting a strong identifiable presence that tries to find balance between the brown masonry language of the architecture to the east and the contemporary commercial architecture dominating the new developments along Anzac Parade.

<a href="/new-apartments/6-bowral-street-kensington"><img alt="" height="474" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-11_at_10.13.18_am.png" width="372" /></a> 
The landscaped entry. Image credit PBD.&nbsp;

&nbsp;

Horizontal score lines help give detail to these forms, and emphasise the horizontality of the design, grounding it to the street and giving it a more human scale. These bands continue to the side elevations and to the rear, providing a distinct language to the development.

The upper levels are characterised with thinner walls, with columns and a more modern grey colour, that use more slender elements to help reduce the bulk and also maximise views and sunlight, where privacy from the public domain is less of a concern.

Metal rod balustrades help maintain the curved detail, whilst providing a slender touch that creates a contrasting balance with horizontal lines of the lower balconies. The soffit is lined with a light timber finish, and with penetrations in the walls and vertical louvres, these units will have a greater feeling of lightness and openness.

&ldquo;The green wall that spans the eastern side, and the trellis on west create a recognisable feature that would be synonymous with the development,&rdquo; PBD noted in their design verification statement.

&ldquo;With the addition of public art features, like dynamic ceiling lights, sculptural art works and other potential lighting and planting, creates a unique thoroughfare that would provide an intriguing and pleasant passage through what could be a simple driveway. &ldquo;

&ldquo;The use of cobblestone flooring, not only helps slow traffic through the area, but provides an aesthetically pleasing finish that further grounds the building with a human scale, and enhances the experience,&rdquo; the architects added.

<a href="/new-apartments/6-bowral-street-kensington"><img alt="" height="976" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-08_at_5.10.36_pm.png" title="VIEW FROM NORTH EAST ON BOWRAL ST - WITH POTENTIAL MASSING OF FUTURE DEVELOPMENTS AT 4 BOWRAL ST TO THE WEST AND 12-16 BOWRAL ST TO THE EAST (AS PER PROPOSED DCP CONTROLS) " width="1708" /></a> 
Artist impression of the view from the north-east on Bowral St. With potential massing of future developments at 4 Bowral St to the west and 12-16 to the east. Image credit PBD.&nbsp;

Located adjacent to the main commercial strip of Kensington, and less than 100-metres to to Kensington Light Rail Station, the site itself is an amalgamation of three separate lots, each containing a single storey brick house.

Sitting within the Local Centre area of Kensington, the Royal Randwick Racecourse is only a short distance to the west, while the University of NSW is to the south. Centennial and Moore Parks sit to the north of the site, with the Sydney CBD not too far beyond.

The primary arterial road of Anzac Parade is a short distance away, and houses various commercial, retail and mixed use buildings.

The Kensington area has seen ongoing growth and transition, with larger six to nine-storey mixed use developments being constructed along the commercial strip, replacing many of the two-storey shop-top housing that dominated the streetscape.

Much of this growth has spawned from Randwick City Council&#39;s urban strategy and the newest DCP dealing with the Kensington and Kingsford Town Centres, which is encouraging growth and more development in the area

&ldquo;Our proposal seeks to continue this trend and develop and building that will contribute to growth, aesthetic and identity of the future character of the area, whilst still being respectful of the existing and past structures,&rdquo; Dugandzic noted in the documents.

Designed by PBD Architects, the residences maximise natural light and cross flow ventilation where possible, with recessed balconies providing shade in the summer, as well as promoting thermal heat gain during the winter months.



PBD Architects design new $16 million Kensington project 

&quot;How are we going to be able to afford property?&quot;

That&#39;s the disgruntled question often&nbsp;muttered when first home buyers start looking at getting on the property ladder.

Runaway property prices have seen young prospective buyers either compromise on a number of factors of a purchase, whether it be location or number of bedrooms, when buying their first apartment. Some will stay living with their parents, and some will turn to renting.

One of Melbourne&#39;s most innovative developers, the&nbsp;affordability-conscious&nbsp;Assemble, has a unique model which has already helped many young Australian&#39;s get in to the property market.

Rather than the traditional build to sell (we develop, you buy) model, which has out-priced many, their Build to Rent to Own offering (known as Assemble Futures) allows prospective buyers to rent apartments, with a free option to buy, after five years.&nbsp;&nbsp;

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<h2>What are Build to Rent to Own communities and how do they work?&nbsp;</h2>

Assemble began with Assemble Futures, previously known as the Assemble Model, offering an alternate pathway to home ownership, enabling residents to rent securely for five years, with the option to buy their home at the end of the lease period.

In June 2020, Australia&rsquo;s largest superannuation fund, AustralianSuper invested into the company, with a focus on supporting the expansion of the Assemble Futures model to help address housing affordability and create better access to homeownership.

&quot;Assemble​ Futures supports first home buyers into homeownership by enabling them to move in and experience their home and community for five years, while saving for a deposit to buy it,&quot; Assemble&#39;s​ director of marketing and relationships, Rebecca Shackleton, told Urban.

&quot;It protects them from shifts in the property market as they lock in the future purchase price of their home, and leases are renewed every 12 months, so if life takes them elsewhere, they have the flexibility to leave after the first 12 months.&quot;

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The hybrid Build to Rent model offers stable rents, certainty of tenure, financial coaching, and community services, giving residents the option to purchase after a five-year lease period at a pre-agreed price.

This pricing stability&nbsp;creates a pathway&nbsp;to homeownership that supports Australians with a moderate income, as defined by the&nbsp;<a href="https://www.planning.vic.gov.au/policy-and-strategy/affordable-housing/resources">Victorian State Government</a>.

Assemble&#39;s ambition is to challenge Australia&#39;s unfair housing system, with a focus on developing pathways into high quality, sustainable, stable housing.&nbsp;

&ldquo;With a deep respect for people, place, and planet, we deliver housing and create communities that embrace diversity, reflect local culture, and nurture a stronger sense of ownership and belonging,&rdquo; Shackleton said.

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Assemble, starts construction on its newest Build to Rent to Own development, 15 Thompson St, Kensington, this month.&nbsp;

MAKE - Assemble&#39;s parent company,&nbsp;spent $30 million on the site, which is the third project by the group in the inner Melbourne suburb.

Construction firm, Hacer Group has been awarded the contract to deliver the Kensington project valued at $190m, designed by Hayball with landscaping by Oculus.

Assemble Managing Director, Kris Daff said support by the Government, planning authorities and AustralianSuper, demonstrates confidence in offering Australian&rsquo;s alternative pathways into home ownership.

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&ldquo;Kensington is a highly prized inner-city location, and this approval unlocks access to design-driven, sustainable and community-oriented apartment living for Melbournians,&rdquo; said Daff.

&nbsp;Earlier this year Assemble secured rezoning of two prime industrial sites in Clayton and in East Bentleigh for future residential development.

Daff said it was a strong move that ensures Victorians will have an appropriate supply of social and affordable housing to meet the critical shortfall.

&quot;We are now a step closer to delivering over 1,600 social and affordable housing units, along with much needed health, commercial and retail outcomes, for the broad Glen Eira and Monash communities,&quot; Daff says.

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Assemble’s Build to Rent to Own (BTRTO) housing model is delivered through Assemble Futures.



How Melbourne developer Assemble is changing the game for first home buyers

As part of The Tapestry Project, WOBO has been conceived, designed and built with sustainability at its heart.

The entire project is 100 per cent renewable powered and features leading energy efficiency initiatives.

Renewable power generation and future-focused energy management minimise the precinct&rsquo;s carbon footprint, while rainwater harvesting and high-efficiency fittings work towards a water neutral space.

[smartcode_project:default project_id=112082 project_image_fid=194135]

Orb Property partnered with Ross Harding, who is one of Australia&rsquo;s leading innovators in urban sustainability, to deliver WOBO, with an aim to represent a new generation of smarter, greener and more practical places to live.

The Tapestry Project is set to feature rooftop solar PV power as well as a state of the art Organic Energy Plant.

Residences will include smart home technology, with automated heating and cooling, while the entire precinct will benefit from electric vehicle share cars, electric share bikes and waste-free retail and hospitality.

[smartcode_project:default project_id=112082 project_image_fid=194125]

Designed by leading architects Fender Katsalidis, WOBO combines New York style warehouse living with the unmistakably warm feeling of home.

Drawing inspiration from the industrial fabric of the area, a striking articulated brick podium creatively re-uses materials from the former factory site.

[smartcode_project:default project_id=112082 project_image_fid=194133]

The soaring upper floors are a contrast of steel and glass, with bold accents&nbsp; of living green and unrivalled city aspects

The raw materiality continues inside, with recycled brickwork greeting residents in the lobby and exposed concrete ceilings set high inside the apartments. Above it all, a rooftop terrace, complete with outdoor dining, a firepit and views to the city, Royal Park and Docklands.

[smartcode_project_cta: project_id=112082]

The entire project is 100 per cent renewable powered and features leading energy efficiency initiatives

How WOBO, North Melbourne apartments in The Tapestry project, is breathing life into sustainable design 

North Sydney&rsquo;s latest luxury apartment project by developer&nbsp;Third.i and Phoenix Property Investors (PPI), has knocked over sales of 58 of its 59 apartments at its weekend launch, securing close to $100 million in sales in just three days amid scarce supply and increasing demand for larger living.

Only one apartment remains up for grabs as eager buyers pounced on the $102 million Balfour Place, following a flood of enquiries from the local market and over 300 appointments booked in during the VIP launch weekend.

After receiving over 1500 plus enquiries last month, the remaining apartments are projected to be snapped up quickly.

[smartcode_project:default project_id=112016 project_image_fid=194989]

The project, which is set to be built on the existing Coles supermarket site, will be grounded by an urban oasis encompassing over 7091 sqm of retail and hospitality space, in a bid to help ease the increasing demand for larger apartment living, adding to Third.i&rsquo;s growing portfolio of quality developments tailored towards meeting the needs of the market.

Third.i&rsquo;s Co-Founder and Director of Sales and Marketing, Luke Berry, said the sales result is indicative of Lindfield&rsquo;s much needed revitalization, off the back of skyrocketing interest for larger apartment living.

&nbsp;

&ldquo;We are just absolutely ecstatic with the sales result our team procured over the weekend. It&rsquo;s a true testament to the quality of the project, the calibre of our consultants and we couldn&rsquo;t be happier,&rdquo; said Berry.

[smartcode_project:default project_id=112016 project_image_fid=194987]

&ldquo;Each floor plan is tailored to cater to that need of larger living spaces we&rsquo;re seeing in the industry now and is clearly in scarce supply. When we began working on the design brief with PPI and Coles Group, we immediately identified there was an opportunity to improve the residential elements of the development application to re-imagine the apartment layouts to create a mix of much larger apartments not typically seen in developments of this size.&rdquo;

&ldquo;We truly wanted to tap into that need for larger living spaces for downsizers and young families and we couldn&rsquo;t be happier to have finally shared what we&rsquo;ve created with a new breadth of buyers this weekend. With Balfour Place, you will have everything you need at your doorstep. To be just a lift ride away from fresh food and produce, a barista brewed coffee and your favourite bottle of wine is the epitome of apartment living and that&rsquo;s exactly what we will be delivering with this project,&rdquo; he added.

[smartcode_project:default project_id=112016 project_image_fid=194987]

Marking the fourth joint venture project between Third.i and PPI, the latest luxury offering will comprise a collection of one, two, three and four-bedroom residential apartments with private courtyards and a luxe rooftop garden to be built on top of a brand-new large format Coles supermarket; which will be double the size of its existing predecessor, a Liqourland and heritage commercial space fronting the Pacific Highway and overlooking the Blue Mountains.

Construction of the DA approved site is well underway with the second stage of construction due to start in July/August this year, off the back of Third.i&rsquo;s proposal to reduce the number of apartments from 70 to 59, in an effort to deliver less impact on neighbours and the wider community.

Third.i’s Co-Founder and Director of Sales and Marketing, Luke Berry, said the sales result is indicative of Lindfield’s much needed revitalization, off the back of skyrocketing interest for larger apartment living.



Third.i's Balfour Place in Lindfield nets record sales weekend

As Australia&rsquo;s fastest-growing regional city, Geelong has evolved rapidly over the past few years and become a popular destination for people looking to make a city swap.

Its close proximity to Melbourne, while still having the small-town community feel, makes it an attractive place for buyers to call the suburb home.&nbsp;

Set to be the next boomtown, construction is well-underway on the&nbsp;Franz&eacute; Development, which&nbsp;will play an important role in the revival of Ryrie Street creating a vibrant arts, entertainment, and hospitality precinct.

[smartcode_project:default project_id=5559 project_image_fid=88241]

Paul Franze, Founder of Franz&eacute; Developments, said that the area has undergone a massive change since they purchased the site back in 2017.

&ldquo;We knew Geelong was on the cusp of transformation and to be at the forefront of the magnitude of the revitalisation is inspiring,&quot; Franze said.

&quot;The Geelong Quarter is to be the Ryrie Street gateway to the city. The new hotel, luxury residences above the hotel and Ryrie Home apartments will create a vibe which will be enhanced by the street level retail and hospitality venues.&quot;.

[smartcode_project:default project_id=5559 project_image_fid=88244]

Post-pandemic, people are now seeking quality-living and desire a place to live that can provide them more than just a home, but a lifestyle also.

&ldquo;There has been a huge increase in people moving from Melbourne to Geelong who don&rsquo;t just need but expect to be able to have a choice of venues and services that they are accustomed to and Geelong is certainly on the way to creating that choice,&quot;&nbsp;Franze added.

[smartcode_project:default project_id=5559 project_image_fid=195131]

Inspired by popular mixed-use developments in other metropolitan cities, Geelong Quarter will offer a hotel, luxury residences and apartments, complimented by an activated ground floor urban precinct, anchored by premium dining and hospitality experiences.

Franze Developments has announced it is actively seeking hospitality operators with unique concepts for Geelong locals to enjoy.

[smartcode_project:default project_id=5559 project_image_fid=195130]

The six available spaces provide opportunity for local business&rsquo; to be part of Geelong&rsquo;s rejuvenated cultural precinct and performing arts centre.

Allan Forsdick, Senior Food and Hospitality Consultant at Future Foods said that Geelong&rsquo;s growth trajectory is likely to accelerate over the coming years with the addition of major projects such as the new home of the Spirit of Tasmania and the Geelong Convention and Exhibition Centre.

[smartcode_project:default project_id=5559 project_image_fid=88242]

&ldquo;Future Food are very excited to be involved with Geelong Quarter, a premier mixed-use development in Geelong&rsquo;s CBD. From a hospitality perspective we believe that Geelong Quarter will become a new benchmark in this fast-evolving city, complementing the Performing Arts Precinct and the vibrant laneways around Little Mallop Street,&rdquo; Allan said.

Future residents will also benefit from a variety of high-end amenity, including room service, housekeeping, a swimming pool, business centre, flexible meeting, and function spaces, all atop the first newly built hotel in Geelong in over 20 years, Holiday Inn and&nbsp;Suites Geelong.

[smartcode_project:default project_id=5559 project_image_fid=88243]

The new lifestyle precinct is strategically located 500-meters from the foreshore and the same distance to the CBD, with parks, theatres, public transport, galleries, restaurants, and cafes all within walking distance.

Construction is estimated to be complete by the end of the year.

[smartcode_project_cta: project_id=5559]

Set to be the next boomtown, construction is well-underway on the Franzé Development, which will play an important role in the revival of Ryrie Street creating a vibrant arts, entertainment, and hospitality precinct.



Geelong Quarter development construction on track for 2022 completion

Ashbury has long been cherished as a suburb known for its tight-knit community.

With its abundant parklands, heritage charm and proximity to Sydney&rsquo;s CBD, Ashbury combines a vibrant city fringe lifestyle with all the best attributes of neighbourhood living.&nbsp;

Nestled in one of Sydney&rsquo;s greenest pockets, Ashbury is renowned for its tree-lined streets, Victorian rooftops, manicured gardens, and abundance of parklands that surround the residences, including the fields of Pratten Park and Yeo Park.

[smartcode_project:default project_id=112253 project_image_fid=193248]

Many of the Federation style bungalows are under heritage conservation meaning the character of Ashbury&rsquo;s streetscapes will be protected for years to come, adding to the list of reasons that make it such a unique and timeless development.

With consideration for Ashbury&rsquo;s existing local fabric, the evolution of Ashbury Terraces unfolded organically. Coronation Property brought together a team of Sydney&rsquo;s leading designers from SJB Architects and 360 Degree&rsquo;s Landscaping to ensure the development was just as charming as the suburb it&rsquo;s built in.

SJB Architects looked to the area&rsquo;s parklands and well-defined heritage character to honour its setting, and to build a solid foundation for its evolution, while 360 Degree&rsquo;s Landscape ensured every green space connected seamlessly to the built environment The architecture of Ashbury Terraces promotes diversity, character, and high amenity, just like its location. &nbsp;

[smartcode_project:default project_id=112253 project_image_fid=193251]

Detailed use of brickwork in the fa&ccedil;ades creates a synergy between old and new, drawing inspiration from the suburb&rsquo;s current materiality and creating a familiar yet unique addition to the landscape.

&ldquo;Our shared vision with Coronation was to create a collection of residences built on community and amenity &ndash; a place that truly improves as it ages,&rdquo; said Adam Haddow, Principal Architect and Director, SJB.

&ldquo;The suburb of Ashbury has heavily influenced our approach; it is contemporary yet also at one with the surrounding streets and neighbouring parkland. Within such a unique setting, we have the luxury of designing a variety of homes. In that way, we can invite people and families at every stage of life and create a true community,&rdquo; he added.

[smartcode_project:default project_id=112253 project_image_fid=193233]

With its serene location next to W H Wagener Oval, Ashbury Terraces has been designed to include a new pedestrian walkway to connect Milton St to the park. The oval acts as an extension of the already sizeable backyards while giving the wider community direct access to the park. In addition to an abundance of greenery created through the walkway, the development is centred around &lsquo;The Garden&rsquo; &ndash; a large communal green space that will feature places for retreat, dining areas, a gym, and large swimming pool.

Ashbury Terraces is within easy reach of everything residents will ever need. Living here means being connected with nature, while having access to leading education, well-connected transport links, thriving cultural scenes, coveted dining spots, gourmet food stores, stylish boutiques, and vibrant lifestyle precincts; at Ashbury Terraces, it&rsquo;s all just minutes away.

[smartcode_project_cta: project_id=112253]

As part of a heritage conservation area with local significance, the character of Ashbury’s streetscapes will be protected for years to come, adding to the list of reasons that make it such a desirable development.

How Ashbury Terraces responds to the local neighbourhood’s heritage charm

Mason &amp; Main is set to become one of Western Sydney&rsquo;s most thriving hubs, intentionally designed in collaboration with the multi-award-winning architects from Woods Bagot as a new town centre for Merrylands.

Its prime location on Merrylands Road is perfectly positioned between Sydney&rsquo;s two CBDs, just five-minutes from Parramatta and a 25-minute drive to Sydney&rsquo;s CBD.

With an exciting pipeline of new infrastructure on the horizon for the area it&rsquo;s no wonder the yet to be completed&nbsp;development has already hit over 60 per cent sold.

[smartcode_project:default project_id=31751 project_image_fid=161005]

Demand for property in Merrylands remains strong as the area has seen significant investments in infrastructure and continued community development.

&ldquo;We&rsquo;re seeing strong interest from first-home buyers wanting to get a foot into the competitive property market. The amenity on offer at Mason &amp; Main is unlike anything else currently on offer in the area which has garnered strong interest from the local demographic priced out of Parramatta,&quot; said&nbsp;Cameron Porter, Head of Sales and&nbsp;Marketing at Coronation.&nbsp;

Cumberland City Council have long publicised their commitment to urban transformation and connectivity between Merrylands and Parramatta CBDs. The significant investment in infrastructure around Merrylands and its strong projected population growth of 1.36 per cent&nbsp;by 2036, guarantees a&nbsp;positive future for the suburb making it a lucrative investment opportunity.

$11 million has been invested into the development of Merrylands Civic Square, which is expected to be complete by 2023. Located just 50-meters from Mason &amp; Main, this will be a new hub for businesses and residents to come together, enhancing the sense of community in the already vibrant suburb. Merrylands Civic Square will also be a great connection to Mason &amp; Main&rsquo;s Eat Street, further enriching the value of the precinct.

[smartcode_project:default project_id=31751 project_image_fid=160996]

$2.4 billion has been injected into the Parramatta Light Rail, significantly improving public transport options and connectivity across the Western Suburbs, allowing people to move more efficiently through surrounding areas like Carlingford, Westmead, Sydney Olympic Park and Strathfield.

This project will cement Parramatta as Sydney&rsquo;s second CBD, positioning Merrylands as a promising location for people seeking first-class apartments and amenity close Parramatta&rsquo;s CBD, with completion expected for around 2023.

$12 billion has also been put toward the Sydney Metro West, which is expected to be complete by 2030. The new underground railway will create greater connectivity between Western Sydney and the Sydney CBD, and generate thousands of new jobs for Western Sydney. As Merrylands Train Station connects with Parramatta and Sydney CBDs, travel time between the central business districts will be heavily reduced.

The Powerhouse Museum Parramatta is a $840 million project which will see the new Museum reside on the Parramatta River. Set to become a tourist and community hub for arts and culture, Mason &amp; Main residents will sit just 15 minutes-drive away.

[smartcode_project:default project_id=31751 project_image_fid=160998]

With so much expected for the future, a number of projects around the area have already been completed, including the $2.7 billion Parramatta Square. As one of the largest urban renewal projects in the country, the Parramatta Square redevelopment offers premium grade office spaces, a multi-level retail podium, and civic facilities to entice people to the area, positioning itself as a thriving hub for businesses and individuals.

$1 billion redevelopment of Westmead Hospital has also been completed. As Australia&rsquo;s largest medical precinct, the Westmead Health and Medical Research Precinct redevelopment plans are a major boost for the area, while the expansion also bodes well for Mason &amp; Main residents as an investment opportunity by adding lasting value and long-term housing demand to the area.

A newly built Western Sydney University has recently opened nearby to Mason &amp; Main, with the campus in the heart of Bankstown. Western Sydney University (WSU) partnered with Walker Corporation to deliver the $340 million campus, triggering the creation of hundreds of new jobs in the surrounding suburbs, as well as another top-line education option for Mason &amp; Main residents.

[smartcode_project:default project_id=31751 project_image_fid=160999]

Offering a mix of studio, one, two, and three-bedroom configurations starting from $394,00, the residences have piqued the interest of investors with the forecast average rental return of over four per cent, along with the unique design, high quality finishes, promising location and adaptability of the apartments.

[smartcode_project_cta: project_id=31751]

With an exciting pipeline of new infrastructure on the horizon for the area it’s no wonder the yet to be completed development has already hit over 60 per cent sold.



Mason & Main a safe investment amid Merrylands infrastructure boom

New Life Darling Harbour residences have a unique setting within Ultimo&rsquo;s rich and significant history. Pyrmont-Ultimo was once the most important industrial suburb in Sydney powering NSW into the 20th Century

The history of Ultimo is very much connected to the Harris family, the dominant landowners in the area for over 100 years who gave Harris Street its name. In the 1800s, they built the substantial villa &ldquo;Littlebridge&rdquo; here.

As a building boom hit in the 1870s, rows of terraced houses, worker cottages, factories, breweries, foundries and warehouses increasingly dominated the landscape. In 1938, the aroma of tea and coffee filled the air when iconic Australian tea company Bushells acquired the land for a tea warehouse, coffee grinding and roasting facility.

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In the 1960s, the Harris Street premises became the TAB&rsquo;s headquarters and nerve centre of a rapidly expanding betting business. It became one of the largest employers of women in the state, operating a complex system of telephones connecting, recording, and tallying accounts between hundreds of metropolitan and country TAB branches and racecourses.

According to historians, no suburb has contributed as much to the economy and amenity of Sydney as Pyrmont-Ultimo. It embodies the seeds of this nation&rsquo;s industrial success since the late 1800s.

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Few places enchant with such diversity and sophistication as Sydney. From hawker-style diners to hatted restaurants, it&rsquo;s a city that has it all, and New Life is in the heart of it.

While the residences deliver high-quality amenity, a focus was still placed on life outside, within the community.

NewLife Darling Harbour&rsquo;s principal architect, Brendan Randles, lead the team that drove the innovative and artful city development saying,

&ldquo;Quality of life is important to us. What is happening outside our homes is as important as what is offered inside. We want local environments to thrive alongside the people and communities who live there.&rdquo;

&ldquo;We take locations and transform them. We work with local communities, councils and stakeholders to create vibrant environments. We collaborate with the best professionals and most creative industry minds to bring new life to every project,&rdquo; he added.

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The <a href="/news/architectus-and-ingehoven-on-sydneys-latest-super-skyscraper" target="_blank">Architectus</a>&nbsp;designed residences pay homage to the site&rsquo;s semi-industrial history, delivering a collection of 200 apartments, with a range of single-storey one, two and three-bedroom apartments, two-level terrace apartments and penthouses.

The nine-storey building has a limited selection of two-bedroom&nbsp;apartments still remaining within the fully-completed residential development.

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According to historians, no suburb has contributed as much to the economy and amenity of Sydney as Pyrmont-Ultimo. It embodies the seeds of this nation’s industrial success since the late 1800s.

How NewLife Darling Harbour brings to life the site’s location 

As one of Australia&rsquo;s largest architectural practices,&nbsp;<a href="/news/architectus-and-ingehoven-on-sydneys-latest-super-skyscraper" target="_blank">Architectus</a>&nbsp;brings a wealth of international experience to their multi-award-winning projects.

Located at 495 Harris Street, the multi-layered building steps down from nine-storeys along Harris Street to six levels facing Bulwara Lane, providing 200 apartments, with a range of single-storey one, two and three-bedroom apartments, two-level terrace apartments and penthouses.

A limited selection of two-bedroom, two-bathroom apartments&nbsp;are still on offer in the NewLife Darling Harbour project, with 79 sqm of internal space and 13 sqm balconies, from&nbsp;$1,485,000.

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&ldquo;The building&rsquo;s eye-catching, multi-layered form creates an outstanding place to live, to experience, and to glimpse from its many surrounding environments.&nbsp;Flanked by historic Victorian terraces, we created a lively group of buildings set around the courtyard rather than one amorphous structure to better integrate with the surrounds,&rdquo; said Brendan Randles, Principal, Architectus.&nbsp;

From room to room, wide-format Oak floors ground the interiors in nature, while textured timbers and stone finishes create layers of tactile, organic luxury.

These considered apartments open themselves to Sydney, uniting under-stated modern lines with the drama of the great harbour city.

Light, air and a flow of private indoor-outdoor space add a special dimension to these residences. Open layouts work to maximise the city, harbour, and garden vistas, drawing them inside the home.

Residences enjoy versatile winter gardens, alfresco balconies or sweeping terraces, while many apartments capture northern aspects, with sliding or fixed perforated screens providing privacy and shelter when needed.

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&ldquo;Spacious, wide-fronted apartments and sprawling roof-garden penthouses create a rich residential landscape,&rdquo; Randles added.

New Life&rsquo;s materials, lighting and detailing explore a return to comfort for contemporary inner city living.

Layers of subtle tonal colour and texture reflect a refined and uncomplicated modern signature.

Kitchens are designed with form and function in mind, catering to generous or intimate entertaining to suit every occasion. Rich, full-height cabinets offer space, while clean-edged chrome tap-ware and fittings add glimmers of polish and reflection.

A portrait of repose, New Life&rsquo;s spa-like bathrooms offer a composed space in which to unwind, with frameless glass showers and seamless ambient lighting expanding the sense of space. Open shelves and vanity tops are made up of marble or Caesarstone and storage is cleverly mirrored and concealed, while still providing ample space.&nbsp;

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High-end Miele appliances feature in the kitchens, complemented with spacious island benches or galley kitchens. A flowing sea of grey travertine-look tiles set clean lines and a graceful tonal palette, giving the spaces a very inviting quality.

The development also includes work by renowned international artist Hang Xia, who was selected to activate the new laneway at NewLife Darling Harbour. Titled Memory Tree, Xia transforms and becomes the heart of the laneway with an intricately designed and kinetically-lit, eight metre-high &lsquo;tree&rsquo;,inspired by Xia&#39;s childhood love of early animations like the Transformers series.

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From room to room, wide-format Oak floors ground the interiors in nature, while textured timbers and stone finishes create layers of tactile, organic luxury.



Inside the two-bedroom Darling Harbour apartments in the NewLife development

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

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<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

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The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

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Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

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Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

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Joel Robinson

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

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“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

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“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

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Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

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Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
&nbsp; 
The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
&nbsp; 
Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
&nbsp; 
“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
&nbsp; 
“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

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Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

&nbsp;

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&nbsp;

Alison Warters

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