Mirvac has unveiled plans for its latest premium apartment building, Isle, at its $1 billion Waterfront Newstead community in Brisbane.

Increasing buyer demand for apartments offering a connection to nature and emphasis on wellness has influenced the design of Isle, which is set to launch to market mid this year.

Isle Waterfront Newstead will sit alongside Mirvac&rsquo;s Quay Waterfront Newstead at 57 Skyring Terrace and feature significant living greenery, soft organic architecture and a suite of amenities designed for health and wellbeing.

Isle will feature 135 residences across 25 levels, including one, two and three-bedroom apartments, expansive three and four-bedroom pavilions and four-bedroom penthouses, which sit across half a level.

Designed by the award-winning Mirvac Design team, Isle is leading a trend in biophilic architecture, centred on bringing nature into the built environment, and Brisbane&rsquo;s ongoing move towards &lsquo;Buildings that Breathe&rsquo;.

It will enjoy a sought-after position fronting Waterfront Park and just steps from Gasworks Plaza.

[smartcode_project:default project_id=109822 project_image_fid=183998]

The launch comes after Mirvac&#39;s previous stage at Waterfront Newstead, Quay, sold out all of the 136 apartments in the 25-level tower in seven months.

Construction of Quay is already underway and due for completion in early 2024.

Mirvac&#39;s Head of Residential, Stuart Penklis, says Mirvac&nbsp;has launched nine major apartment projects in the last 12 months including Isle Waterfront Newstead.

&quot;We are seeing a rise in demand for premium, well-located, larger and higher specification apartments from owner occupiers, which is what Isle will respond to - with everything from one-bedroom apartments to four-bedroom penthouses,&rdquo; Penklis said.

[smartcode_project:default project_id=109822 project_image_fid=183996]

Mirvac General Manager Residential Queensland, Warwick Bible, said the success of Quay reflected buyers&rsquo; increasing preference for premium apartments and amenity.

&ldquo;The success of Quay and our plans for Isle demonstrate our commitment to the Brisbane market, where we are well placed to deliver exceptional quality in response to significant demand for apartments in the city and the Waterfront Newstead community. Now we have development approval for Isle, we&rsquo;re working to bring the apartments to market as soon as possible to meet demand for this style of living in the heart of the city,&rdquo; said Bible

&ldquo;We&rsquo;re seeing buyers looking for apartments with a sustainable design, where they can live feeling connected to nature and enjoy holistic health benefits. We embraced these concepts at Quay and purchasers responded extremely well. Isle will take them to the next level, creating a unique experience for residents.&rdquo;

&ldquo;The building optimises the indoor-outdoor lifestyle, with floor-to-ceiling glass sliders inviting cooling river breezes, expansive sculptured and planted balconies offering shade and an orientation ideal for cross ventilation, with spectacular northern aspects to Brisbane River and Waterfront Park,&rdquo; he added.

The exterior is designed as an &lsquo;urban forest&rsquo; to blend with the natural environment, with its organic curves draped in greenery acting as an extension to neighbouring Waterfront Park and its ground-floor retail integrated with lush, planted enclaves and water features.

The group worked closely with landscape architects RPS on the planting palette, while a suite of resort-style amenities were designed to further enhance residents&rsquo; health and wellbeing.

[smartcode_project:default project_id=109822 project_image_fid=183997]

Isle will feature an infinity edge lap pool on the rooftop, along with infrared and magnesium spas, a fully equipped dining room and sunset cocktail bar, all overlooking the park and Brisbane River, giving residents the space to unwind, reflect and entertain.

&ldquo;There will also be a gym, a business lounge for those embracing the work-from-home culture that has blossomed post-Covid and a concierge service, for everyday luxury. It is all about creating opportunities for residents to live a balanced and healthy lifestyle, all from their home address,&rdquo; said Bible.

&ldquo;The apartments will feature quality, natural materials such as stone, glass and warm tones, which creates a beautiful and tactile experience,&rdquo; he said.

&ldquo;The floor plans will offer a generosity of space, with an open-plan design that connects seamlessly to the expansive balconies and views beyond.&rdquo;

Located in the heart of Newstead and just two-kilometres from Brisbane CBD, Isle residents will benefit from restaurants, cafes, public transport, the Brisbane River and Waterfront Park all at its doorstep.

[smartcode_project_cta: project_id=109822]

Increasing buyer demand for apartments offering a connection to nature and emphasis on wellness has influenced the design of Isle, which is set to launch to market mid this year.



alisonwarters@gmail.com

Mirvac unveil plans for Isle, Newstead apartments, in $1billion Brisbane River community

Landcom&rsquo;s huge Macarthur Gardens development, which has been on the cards since 2015, has had its plans revised by the developer of its first release of apartments in the South West Sydney masterplan.

The group implemented feedback from the community to update the project over the years, with changes including increasing the area of vegetation preserved to further protect ecologically sensitive bushland and the natural creek corridor, as well as increased walking paths and active spaces.

&ldquo;We have now updated our masterplan for Macarthur Gardens North and have lodged a new development application with the Campbelltown City Council,&rdquo; a Landcom spokesperson said.&nbsp;

<img alt="" height="1074" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-06_at_12.51.37_pm.png" width="1508" /> 
Landcom&#39;s proposed residential masterplanned community in south-west Sydney. Image sourced.&nbsp;

Withdrawing previous development applications, including plans for 56 terraces, the new concept plan seeks a mixed-use high-density development that delivers a better outcome for both the community and the environment.

&ldquo;Macarthur Gardens North will provide new homes and open spaces, close to public transport, shops and educational facilities. A diverse range of housing types will accommodate the changing needs and demographics of the Macarthur region and provide more opportunity for households to buy their own home,&rdquo; said Landcom.

The 16 apartment blocks will be delivered in one of the most rapid-growing areas in New South Wales, with the developers acquiring a 18.3-hectare site at Goldsmith Avenue in Campbelltown, next to the new Macarthur metro station.&nbsp;

Around 53-kilometres southwest of the Sydney CBD, the project will comprise 1250 dwellings over nine-storeys, with a mix of studio, one, two and three-bedroom apartments, along with 2000 sqm of retail and commercial space.

Constructed in a cluster of four buildings, the residences will sit amongst community gardens and spaces, with links to surrounding amenity, increasing foot traffic in and around the development.

Landcom is also planning a new civic plaza, a central park and active play spaces as well as more than 13-hectares of open space, preserving Cumberland Plain Woodland, River Flat Eucalypt Forest and Bow Bowing Reserve.

Built along Bow Bowing Creek, Macarthur Gardens North links directly to the station and railway corridor, which runs east to west alongside the site, via a new arrival plaza and walkway.

Landcom also plans to incorporate transport initiatives through a regional east-west cycle network and various walking paths alongside Bow Bowing Creek, connecting with Gilchrist Oval and new sporting fields.

<img alt="" height="992" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-06_at_12.49.10_pm.png" width="1914" /> 
Landcom&#39;s proposed masterplanned community. Image sourced

The arrival plaza and park alongside Macarthur station will link commuters to the precinct&#39;s key destinations including Western Sydney University, TAFE, MGN and Macarthur Heights, which are all to the north of the site.

In a continued effort to provide for the community, the master planned development has been designed and will be delivered as a 5 Star Green Star Community, with the group also set to dedicate five per cent of new homes at Macarthur Heights, a future neighbourhood within Macarthur Gardens North, to affordable housing.

Pending approvals, construction is slated for mid-2023, with sales to commence in 2024. &nbsp;

Withdrawing previous development applications, including plans for 56 terraces, the new concept plan seeks a mixed-use high-density development that delivers a better outcome for both the community and the environment.



Landcom revise plans for 1200-apartment Macarthur Gardens masterplan in South West Sydney 

The South East Queenslander developer, Cielo Group, has lodged plans for a boutique mixed-use project in Brisbane&#39;s Bulimba.

The three-level development 360 Riding Road, Bulimba, has been designed by Cielo&#39;s go-to architecture firm, Zarchitects, who recently designed Cielo&#39;s Bloom Bilinga, their debut project on the Gold Coast.

The Bulimba development will have just eight two-bedroom apartments and six three bedders.

According to the group, the design seeks to balance stone cladding, render and concrete elements in white and grey tones with fine timber batten screening and glazing.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cielo_group.jpeg" width="1200" /> 
A render the 360 Riding Road development

&ldquo;The form incorporates curved slabs and walls where possible for a softened visual impact,&quot; Zarchitect noted in their supporting documents in the application to the Brisbane City Council.

&quot;The balcony edges flute in a wave pattern along the frontages, to create a visually interesting built form and enhance articulation on long elevations.&quot;

The project will activate the corner on the prominent Bulimba roundabout location with one 100 sqm ground floor retail caf&eacute; tenancy located featuring both indoor and outdoor dining.

A large rooftop deck will crown the building, split into a residents rooftop communal area as well as a 400 sqm rooftop public bar, which will feature a swimming pool with pool bar, pool deck, booths and dining tables, with seating areas incorporated to maximise vistas of the nearby Brisbane River.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cielo_group2.jpeg" width="1200" />

Clad in deep planting and landscaped gardens, the proposed development has been designed to reflect the intent and purpose of the two or three-storey mix precinct of the low-medium density residential zone.

Cielo recently launched Bloom, in the tightly held Gold Coast suburb of Bilinga.

Cielo had been looking for an opportunity to break in to the Gold Coast for about year, before finding the 503 sqm site at 55&nbsp;Golden Four&nbsp;Drive, just north of Kirra&#39;s dress circle Musgrave Street.

[smartcode_project:default project_id=108955 project_image_fid=193424]

GV Property Group sold the site, with plans by Boris Design for a&nbsp;six-level&nbsp;building with five apartments, ranging in size from two and four-bedrooms, with some of the bigger four-bedders spanning two levels.

But when Cielo secured the site, they engaged the Brisbane architecture firm Z Architects, who they had worked with extensively in the Queensland capital on a number of projects,&nbsp;to create something more striking.

They also recently submitted plans for a boutique project in Brisbane&#39;s Balmoral.

Designed by locals, Zarchitects, the boutique three-storey development is set to feature just eight two-bedroom and six three-bedroom apartments.



Cielo Group to develop mixed-use development in Bulimba

The Gardner Vaughan Group are taking to their own backyard, lodging plans for a 10-storey mixed-use residential development in Nundah.

Developed and designed by the group, the apartment&nbsp;tower at 1175 Sandgate Rd, Nundah, will comprise 47 apartments, set above&nbsp;a brick archway podium that will feature two ground-floor retail tenancies and 568 sqm of office space.

Above the brick arch podium, residential levels three through to eight are given a notably different articulated vertical built form that clearly distinguishes the tower from preceding levels.

There will be&nbsp;19 one-bedroom apartments, eight two-bedders, 16 three-bedroom apartments&nbsp;and the largest on offer, six four-bedroom apartments.

<a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah"><img alt="" height="1142" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/danby-lane-1.jpeg" width="950" /></a>

Known as Danby Lane due to its positioning next to Danby Laneway, the development will sit over five levels of basement parking, with a pool at the&nbsp;top of the podium.

Enhancing the pedestrian links to Danby Lane, a large art mural has been included in the plans, interwoven with sculptured landscaping throughout.

Developed and designed by the group, the apartments tower will comprise 19 one-bedroom, eight two-bedroom, 16 three-bedroom and six four-bedroom apartments, atop a brick archway podium that will feature two ground-floor retail tenancies and 568 sqm of office space.

Above the brick arch podium, residential levels three through to eight are given a notably different articulated vertical built form that clearly distinguishes the tower from preceding levels.

Known as Danby Lane due to its positioning next to Danby Laneway, the development will sit over five levels of basement parking, with a pool at top of the podium.

Enhancing the pedestrian links to Danby Lane, a large art mural has been included in the plans, interwoven with sculptured landscaping throughout.

<a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah"><img alt="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/danbylane-artwall-mural.jpeg" title="art mural" width="950" /></a> 
GVG&#39;s Danby Lane development would include a painted mural on the Danby Lane side of the development&mdash;the developer is approaching nearby businesses about being involved in the public art project.

Landing at 1175 Sandgate Road, Danby lane will feature a recreation area on level one, which will include a lap pool, barbecue area and a gym.

Crowning the apartments on level 10 will be the rooftop terrace, with a barbecue and seating areas.

Known as Danby Lane due to its positioning next to Danby Laneway, the development will sit above five levels of basement parking, with a pool at the top of the podium.

Gardner Vaughan Group lodge plans for Danby Lane, Nundah apartments

Property developer, HPG Australia (HPG) has reached a mutually acceptable agreement with the City of Sydney Council in the NSW Land and Environment Court with the outcome allowing the developer to proceed with its $700 million mixed-use development, One Sydney Park.

The talked about development,&nbsp;at 205-225 Euston Road in Alexandria, essentially within the 44-hectare Sydney Park was originally approved by the City&rsquo;s Central Sydney Planning Committee in 2017, however the City of Sydney had rejected the scheme in 2020 stating that it would negatively impact on Sydney Park and that it felt the detailed plans &ldquo;differed greatly&rdquo; from the original concept.

Designed by MHN Design Union (MHNDU), Silvester Fuller (SF) and Sue Barnsley Design, with interiors curated by Tracy Wiles - previously head of interiors with Make Architects -&nbsp;the One Sydney Park project, to be built on the south-eastern edge of Sydney Park, on land formerly owned by Goodman, was previously intended to house 390 apartments and a range of commercial and cultural uses across eight, six-storey buildings.

<a href="/new-apartments/one-sydney-park-215-euston-road-alexandria"><img alt="" height="1096" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-06_at_10.44.17_am.png" width="1624" /></a>

HPG appealed the decision on the grounds that the detailed designs for the site complied with Council&rsquo;s planning parameters and met all the recommendations set by the City&rsquo;s own design competition panel, who had unanimously endorsed the MHNDU + SF &amp; Sue Barnsley submission.

The latest version of the proposal, submitted to both the NSW Land and Environment Court and the City of Sydney, reduced the number of apartments to 356.

The building mass is pushed back from the park and the perceived overall height of the buildings is decreased with planting and landscape screening the upper levels.

There is also a &ldquo;greatly increased&rdquo; setback to the upper levels of each park-side building, with the greatest setback achieved in the northern most park-side building, &ldquo;where visual sensitivity is at its highest.&rdquo;

<a href="/new-apartments/one-sydney-park-215-euston-road-alexandria"><img alt="" height="1094" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-06_at_10.44.23_am.png" width="1648" /></a>

The architects stated in the proposal that their vision is to create a place that resonates and extends the ecology of the adjoining parkland.

&ldquo;A blurring of the boundary between built form and the park landscape is achieved by dissolving the built edges of the apartment buildings fronting the park,&rdquo; the architects note.

&ldquo;Where adjacent to the parklands, or visible above the existing trees, the building form takes on a deliberately de-materialised quality. The mass of the building is intentionally blurred, emulating the character of the surrounding tree canopies.&rdquo;

Primely positioned bordering the iconic Sydney Park, the third largest park in inner-city Sydney, One Sydney Park, the first limited release of apartments was launched to the market in March 2018, attracting strong interest from buyers and generated record sales for the suburb.

<a href="/new-apartments/one-sydney-park-215-euston-road-alexandria"><img alt="" height="1088" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-06_at_10.44.29_am.png" width="1762" /></a>

Development Director for HPG Australia Barney Oros expected to appoint a construction company and commence site works before the end of the year.

&ldquo;We have deliberately stayed under the radar since launch and the Court process commenced, but now that we have planning certainty we are looking forward to communicating with the wider community the significant benefits we will be bringing to a disused industrial park,&rdquo; he said.

&ldquo;Obviously the architecture and landscaping is world class but the ecological benefits, introduction of deep soil into the site, long overdue amenities to this neglected southern end of Sydney Park for the public are all part of our vision for One Sydney Park,&rdquo; Oros said.

HPG has also announced a collaboration with&nbsp;world renown&nbsp;Japanese artist, Fujiko Nakaya who will be engaged to deliver a public art installation unlike any other in Sydney. Having gained international acclaim for her work with ephemeral fog sculptures, the proposed public art will provide a sensory transition between Sydney Park and the public plaza within the development.&nbsp;

[smartcode_project_cta: project_id=9200]

Award-winning One Sydney Park development set to proceed.

HPG Australia reaches negotiated settlement with City of Sydney Council on landmark court case

The collaboration between Aria Land and Blueways Group continues to see success in Perth&#39;s most sought-after suburbs.

They&#39;ve recently hit the milestone of 60 per cent sold at Bloom Residences, their premium Hassell Studio-designed development of just 38 apartments in the affluent Nedlands area on the Swan River.

[smartcode_project:default project_id=93813 project_image_fid=178504]

Buyers have a small window to secure a Bloom apartment with a discounted 50 per cent stamp duty concession from the government, which is only applicable for contracts exchanged before construction begins. Site works have commenced, with construction expected to start later this year.

The one, two and three-bedroom apartments, which start from $649,000, can now be secured with premium upgrade packages of some of the appliances and fixtures.

The upgraded design schemes include two new options, with Brass and Bronze, featuring a myriad of details and finishes improving the already impressive quality of the Bloom residences.

[smartcode_project:default project_id=93813 project_image_fid=195317]

The Brass scheme delivers a vibrant, Mirage Lake honed quartzite natural stone to the kitchen island bench, splashback, and bathroom vanity, with the bespoke, award-winning, NOVAS Frame Collection in a Satin Gold finish complementing the tapware, showers, accessories and door ware fittings throughout.

Timber-look joinery with integrated Lo &amp; Co&rsquo;s Kintore Range appliance and linear pull handles increase the luxe feel of the residences, along with accent cabinetry by Rimex Metals, with a satin stainless steel in champagne finish above the induction cooktop.

Woodpecker&rsquo;s Signature Oak Range &lsquo;Marina&rsquo; engineered timber flooring lays the platform to the Brass scheme homes, with Legrand Home Automation, including lighting control, Wi-Fi appliance control and Smart Energy monitors included in the upgrade.

[smartcode_project:default project_id=93813 project_image_fid=195318]

The Bronze scheme is set to follow a similar design influence, with an elegant, Mont Blanc honed quartzite natural stone for the kitchen island bench, splashback, and bathroom vanity, while the tapware, showers, accessories, and door ware fittings will feature the NOVAS Frame Collection in a Satin Antique Bronze finish instead.

Timber-look joinery with integrated Lo &amp; Co&rsquo;s Kintore Range appliance and linear pull handles are included once again, with the floor covered in the Woodpecker&rsquo;s Signature Oak Range in &lsquo;Alpine&rsquo;.

Accent cabinetry by Rimex Metals is in a satin stainless steel bronze finish above the induction cooktop and the design scheme also includes the Legrand Home Automation.

Both design upgrade schemes also include a Coco Republic Design Experience, which includes an in-store consultation with an interior designer and discounts on Coco Republic furniture and homewares.

[smartcode_project_cta: project_id=93813]

The premium apartments can be bought with discounted stamp duty, only before construction commences


Bloom Residences, Nedlands apartments, hit over 60 per cent sold 

Landlord investors at Crown Group&rsquo;s latest master-planned community, The Grand Residences in Eastlakes, are achieving record high rental returns due to an unprecedented influx of renters into the area since the start of the year.

Crown Property Agency, Crown Group&rsquo;s property management division which manages all rental properties for investor purchasers, has found investors at The Grand Residences are reaping the rewards of achieving rental yields close to four per cent due to the tight rental market that Sydney is currently experiencing with ultra-low vacancy rates sitting under two per cent across the city.

[smartcode_project:default project_id=7652 project_image_fid=190031]

The developer completed stage one of the dual-staged development in January this year comprising 133 apartments and a 15-retail outlet shopping centre anchored by a larger format 1600 sqm ALDI and a Woolworths Metro.

Settlements are now complete and new tenants and apartment owners have moved into their new homes. Crown Property Agency Director, Anthony Caudullo noted the pent up demand for the rental properties, as The Grand Residences is the group&rsquo;s first brand new completed residential community in Eastlakes for sometime.

&ldquo;This is fantastic news for investors who are seeing rents returned to pre-Covid levels. Q1 2022 saw rents increase between eight per cent and 12 per cent across the apartments we manage in Sydney,&quot; Caudullo said.

Apartments at The Grand Residences are achieving rents of $580 per week for a one-bedroom plus study/media room, $775 per week for a two-bedroom and up to $1,080 per week for a three-bedroom apartment, which Caudullo thinks is a record for the suburb.

[smartcode_project:default project_id=7652 project_image_fid=190035]

&ldquo;Days on the rental market has dropped from six weeks during Covid down to 12 days on average this year; indicating the market in Sydney&rsquo;s eastern suburbs is particularly hot at the moment,&quot; Caudullo added.

&ldquo;The Grand Residences has attracted young professionals from outside the immediate area from areas such as Mascot, Rosebery, Waterloo and Zetland which is uncharacteristic for this area. They have been attracted to the premium quality of the apartments with car spaces, amazing amenities, a ground level shopping centre and location close the city as well as the eastern suburb beaches,&rdquo; he said.

&ldquo;Demand in the area was initially driven by returning international students before the universities opened up. Now interest remains so high, we actually have a list of tenants wanting to move into The Grand Residences.&rdquo;

The $1 billion community is set to transform the suburb, adding residential relief in Sydney&rsquo;s continuing housing demand.

[smartcode_project:default project_id=7652 project_image_fid=190034]

&ldquo;We are dramatically transforming the suburb of Eastlakes building a modern, new urban village which will breathe new life, energy, optimism and renewal into this sleepy yet brilliantly located suburb in Sydney&rsquo;s highly coveted east,&rdquo; said Crown Group Chairman and Group CEO Iwan Sunito.

Developed on both sides of Evans Avenue in the heart of Eastlakes, the dual-staged masterplanned urban renewal project comprises 490 world-class luxury apartments designed by acclaimed tier one architecture practice, FJMT with two retail precincts on both sides of the project.

Stage Two, located on the south side of Evans Avenue, consists of 357 apartments positioned above a 13,000 sqm three storey shopping centre, designed by Buchan Group, set to feature 80&nbsp;retail outlets including a full line Woolworths and a contemporary, community town centre including a medical centre and public library.

A new eat street will offer an array of restaurant and dining options alongside apartments set across five high-rise buildings.

[smartcode_project:default project_id=7652 project_image_fid=190043]

Caudullo said tenants have also been attracted to Crown Group&rsquo;s signature resort-style facilities including a swimming pool and rooftop dining area which benefits from views of the CBD and Botany Bay.

&ldquo;Buyers are attracted as well to the convenience of living right above a brand new shopping centre and only minutes from Sydney&rsquo;s Maroubra and Coogee beaches,&rdquo; he added.

Among the string of highly coveted industry awards that Crown Group has won for its slew of mixed-use projects, The Grand Eastlakes was awarded the 2013 UDIA NSW &amp; ACT Awards for Excellence for Concept Design.

The group are expected to release the final offering of apartments from Stage One soon.

[smartcode_project_cta: project_id=7652]

Landlords achieving rental returns up to 60% higher than other properties in the area

 

Crown Group's The Grand Residences sets new rental record for Sydney's Eastlakes

Henley Rise is one of the latest projects from Blueways Group, who has teamed up with Aria Land to deliver a contemporary project in the leafy riverside suburb of Como.

Property prices are experiencing strong growth in Perth, with forecasts suggesting there are further gains expected over the next few years.

Henley Rise is expected to start construction later this year, therefore giving buyers the opportunity to secure their brand new apartment with&nbsp;a discounted 50 per cent stamp duty concession,&nbsp;in line with the government&#39;s initiatives for buyers to secure their apartment before the build gets underway.

[smartcode_project:default project_id=94976 project_image_fid=178648]

It&#39;s expected those purchasing apartments off the plan will benefit in the long-term, with a combination of both forecasted price growth and no mortgage repayments until completion, which for Henley Rise is forecast by late 2023.

Apartment prices start from just $439,000 at Henley Rise.

The two-tower Henley Rise offers a mix of one, two and three-bedroom apartments, all designed to take advantage of its peaceful riverside location, as well as being future-proofed with highly sustainable design initiatives.

[smartcode_project:default project_id=94976 project_image_fid=178663]

Perth is becoming an attractive proposition again for property investors, with the city currently&nbsp;experiencing a period of one of the lowest rental vacancies. This low has resulted in not only pushing people into buying&nbsp;property, meaning less housing stock on the market, but also an increased investor appetite, given the heightened likelihood of comfortably securing a tenant on a high yield.

The Real Estate Institute of Western Australia&nbsp;has predicted median rent prices will increase between 10 and 15 per cent in 2022.

&ldquo;Tenant demand will remain high in 2022, which will see rents continue to rise. Despite this, the Perth rental market is still very affordable, with WA tenants enjoying the cheapest rental market conditions in the country,&rdquo; said Real Estate Institute of WA President, Damian Collins.

The shift out of lockdown from the COVID-19 pandemic and with borders re-opening will also continue to create large numbers of interstate interest and international migration, with Aria Land Managing Director, Paul Simpson suggesting now is the perfect time to buy into the market.

&ldquo;Construction prices have and will continue to rise so those looking to get into the market should consider buying now to protect yourself against future price rises,&quot; said Simpson.

[smartcode_project:default project_id=94976 project_image_fid=178653]

&quot;This works in a few ways though, because with the foreseen rises, buyers can reap the benefits as their new home grows in value.&quot;

Blueways recently launched the Southern Tower in Henley Rise, adding another 60 apartments, including three penthouses.

Henley Rise is the group&rsquo;s biggest project to date, totalling 111 apartments, with the residences focussed at catering to all buyer types including first home buyers, investors, upgraders, and down sizers.

[smartcode_project_cta: project_id=94976]

As property prices continue to surge across Perth, Henley Rise soars to the top of apartments you need to buy into now.

Blueways Group and Aria Land see diverse buyer mix at new Como apartments, Henley Rise

Following the success of their sold-out Cirque Residences in Mount Pleasant, the renowned Western Australia builder developer, Stirling Capital, has launched its sister tower, Cirque Duet.

The new 20-storey, 98-apartment tower sits on the banks of the Canning River.

[smartcode_project:default project_id=8516 project_image_fid=191440]

Promising peak luxury and amazing views of the Perth CBD across the Canning and Swan rivers, Cirque Duet offers buyers the chance to join an established community that has received nationwide acclaim.

Cirque is one of Western Australia&rsquo;s most-awarded residential apartment projects, noted for its design, amenity, and sustainability.

Luke Reinecke, Managing Director of Stirling Capital, said the accolades are recognition for Stirling&rsquo;s focus on design-led developments that are sustainable and sit comfortably in their surroundings.

[smartcode_project:default project_id=8516 project_image_fid=191421]

The secondary tower will link to the original project, Cirque, creating a butterfly-building profile with the wing opening up views for apartments along the rivers.

Comprising one, two and three-bedroom configurations, Stirling engaged MJA Studios to&nbsp;design the tower.

The fourth floor will be home to a 3000 sqm podium deck which will join the two buildings. Providing shared lifestyle spaces and features, the podium will feature a heated swimming pool, spa, sauna, steam room, gym, private dining, wine room, children&rsquo;s playground, barbecue facilities and a pet wash, all set amongst extensive landscaping.

&nbsp;

[smartcode_project:default project_id=8516 project_image_fid=191426]

Internally, the residences have open, functional layouts, luxury finishes and high-end V-Zug appliances.

To top it off, Cirque is the first residential building in WA to certified as a five-star building by the Green Building Council of Australia, with car share facilities available for residents. &nbsp;

Residents also have access to a train station, local retail, and cafes, and walking and biking trails nearby.

[smartcode_project_cta: project_id=8516]

Stirling launch second Mount Pleasant apartment tower, Cirque Duet

The national development giant, Lendlease, has released the final stage of Gramercy Terraces, the in demand Richmond project located on&nbsp;the historic site of the former Studio Nine&nbsp;precinct.

Gramercy Terraces, designed by Bates Smart, comprises just 31 three and four-level, individually titled three-bedroom residences, each with dedicated car spaces.

Inspired by the precinct&rsquo;s rich heritage, Gramercy Terraces offer a sanctuary within the inner city with light filled atriums that cascade natural light and spacious individual rooftop terraces with city views.

[smartcode_project:default project_id=95458 project_image_fid=169944]

With only 15 residences remaining, the second and final stage of Gramercy Terraces will complete the residential component of Lendlease&rsquo;s broader intergenerational living precinct in Melbourne&rsquo;s inner-city.

&ldquo;Gramercy Terraces are the residential component of our intergenerational living precinct in Richmond and allow residents to embrace the vibrancy and pace of an urban lifestyle while promoting diversity and connection across generations within the local community,&rdquo; a Lendlease&rsquo;s spokesperson said.

&ldquo;Purposefully designed with families, couples, down sizers and investors in mind, we have seen a strong demand for this product to date with only 15 terraces now remaining.&quot;

[smartcode_project:default project_id=95458 project_image_fid=194808]

The architectural design of Gramercy Terraces draws inspiration from the iconic Federation-era red brick of Bendigo Street and pays homage to the former site of the Nine Network studio and the Wertheim Piano factory, Victoria&#39;s first piano factory.

Construction of the final residences will start in the first half of this year and future residents can expect to move in following completion in late 2023.

Gramercy Terraces will be joined in the precinct by Ardency Kennedy Place, Lendlease&rsquo;s five-star luxury retirement living community, a new onsite caf&eacute; and provedore and the existing Richmond Community Learning Centre.

[smartcode_project:default project_id=95458 project_image_fid=169940]

Future residents will benefit from amenities on their doorstop and close proximity to restaurants, cafes and boutiques on Swan Street and easy connection to the rest of the city from Burnley Station. The precinct will target a 6 Star Green Star Communities rating from the Green Building Council of Australia, representing a world standard in sustainable design.

Gramercy Terraces are priced from $1.85 million, and residences range from 193 sqm to 215 sqm with individual balconies and spacious rooftop terraces.

[smartcode_project_cta: project_id=95458]

Developed by Lendlease, Gramercy Terraces comprises 31 three and four level individually titled three-bedroom residences with dedicated car spaces.

Lendlease release Gramercy Terraces, Richmond, final stage

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.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<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."

[smartcode_project:default project_id=7395 project_image_fid=278196]

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."

[smartcode_project:default project_id=7395 project_image_fid=278195]

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."

[smartcode_project:default project_id=7395 project_image_fid=278204]

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.

[smartcode_project_cta:default project_id=7395]

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.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“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.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“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.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

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.

[smartcode_project_cta:default project_id=150017]

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.

[smartcode_project_cta:default project_id=6680]

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;

&nbsp;

&nbsp;

Alison Warters

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News