Gold Coast locals have descended on Melbourne developer Hirsch &amp; Faigen&#39;s third Gold Coast apartment project, Yves.

The Mermaid Beach development is now 50 per cent&nbsp;sold since its launch, which has prompted Hirsch &amp; Faigen to bring forward construction, which will be handled by Hutchinsons, to May.

Most of the buyers have been local to the Gold Coast, the majority coming from within 50km of Mermaid Beach.

[smartcode_project:default project_id=102451 project_image_fid=186075]

&ldquo;Many of these buyers are local downsizers, and even some local first home buyers, all of which have been enticed by Yves proximity to key amenities including the beachfront, Pacific Fair, the Gold Coast Highway and Broadbeach, while remaining secluded in its own private pocket,&rdquo; Hirsch and Faigen&rsquo;s QLD Sales Manager, Alex Jokovich, said.

&ldquo;I think the locality of buyers we&rsquo;ve welcomed is a huge testament to Yves&rsquo; appeal to discerning locals who have a deep appreciation and understanding of the projects positioning in one of the coasts&rsquo; most coveted residential addresses.&rdquo;

Designed by Rothelowman, Yves will rise 26 levels at 7-9 Mermaid Avenue and comprise 145 apartments.

[smartcode_project:default project_id=102451 project_image_fid=186076]

Hirsch &amp; Faigen Co-Founder Daniel Faigen said, as with each of their&nbsp;Gold Coast projects, they wanted to create something that differentiated them from the market.

&quot;I think the sales we&rsquo;ve achieved to date are a strong indication that our aptitude for quality design and remarkable architecture are resonating with buyers.&quot;

Prices for remaining Yves apartments range from $875,000 to $2.495 million.

Yves&rsquo; ultra-exclusive penthouse collection remains for sale, offering&nbsp;335 sqm of living space.&nbsp;Prices for the penthouse collection range from $4.25 million to $5.5 million.

[smartcode_project:default project_id=102451 project_image_fid=186078]

The brief shelf life of Hirsch and Faigen product has become a family narrative across the coast, after the developer notched successive sell-outs in its first two forays onto the Gold Coast &ndash; in Hemingway Palm Beach and Emerson Kirra.

&ldquo;Given the rate with which apartments have been purchased to date, we expect the remaining apartments to sell out fast,&rdquo;&nbsp;Jokovich added.

Yves will feature an array of residents only amenities, which will feature a&nbsp;20-metre lap pool, children&rsquo;s garden, fully equipped gym and yoga studio, wellness spa and sauna, as well as a private rooftop sky lounge and wine bar.

[smartcode_project_cta: project_id=102451]

It’s been a phenomenon driven by local buyers, with a vast majority of Yves purchasers coming from within a 50-kilometre radius of Mermaid Beach.



alisonwarters@gmail.com

Hirsch & Faigen's Yves, Mermaid Beach apartment development, half sold in two months

Mirvac has officially launched the latest residential offering at its&nbsp;racecourse-fronting Ascot Green community in Brisbane.

Charlton House, which has been fast tracked due to sales success in the first two stages, Tulloch House&nbsp;and Ascot House, will have over 100 apartments across its 13 levels.

There will be&nbsp;one, two, three and four-bedroom apartments, as well as a a limited collection of three and four-bedroom villas.

[smartcode_project:default project_id=108351 project_image_fid=194811]

Two-bedroom and two-bathroom apartments start from $755,000, while the four premium villas, integrated into the first levels of Charlton House, are a first for the Ascot Green community.

Designed by Mirvac Design, Charlton House also features a rooftop sanctuary, with a private dining room taking in Brisbane city skyline views, lounge areas and extensive subtropical landscaping, along with a gym and resort-style pool on the ground level overlooking the racecourse.

Charlton House is the third building to be released by Mirvac at Ascot Green and is part of Brisbane Racing Club&rsquo;s $1.2 billion masterplan redevelopment of Eagle Farm, to include apartments, commercial offices, a new shopping and dining precinct and a range of entertainment.

[smartcode_project:default project_id=108351 project_image_fid=194814]

Brisbane City Council approved the development application for the $131 million, 13-level building in late December.

Mirvac General Manager, Residential Queensland, Warwick Bible said the group had worked to bring the apartments to market as soon as possible, with enquiries continuing to race in following the sell-out of its second building, Tulloch House, in July last year.

&ldquo;There were a number of people who missed out on securing their place in Tulloch House who have been eagerly awaiting this next release and we&rsquo;ve continued to field new enquiries from those wanting to join the community,&rdquo; he said.

[smartcode_project:default project_id=108351 project_image_fid=194813]

&ldquo;Demand for quality apartments in blue-chip Brisbane locations such as this have grown exponentially over the past six months, and we anticipate apartments in Charlton House will sell quickly as a result.&rdquo;

Bible said about 60 per cent of buyers in the first two stages &ndash; Ascot House and Tulloch House &ndash; had moved from the directly surrounding suburbs such as Ascot, Hamilton and Clayfield, with Charlton House expected to be no different.

&nbsp;

Charlton House&#39;s design has been guided by the &lsquo;Buildings that Breathe&rsquo; vision and Brisbane&rsquo;s subtropical climate. Its architects describe it as a re-imagining of the classic Queenslander and Ascot aesthetic, with light-filled spaces that can be opened and closed to capture sunshine and breezes.

[smartcode_project:default project_id=108351 project_image_fid=179497]

&ldquo;The apartments and villas blend timeless refinement, style and sophistication, with lush greenery and a comforting feeling of home, which is a cornerstone of the design,&rdquo; Bible added.

&ldquo;More than 50 hectares of green space, including the racecourse, lay at the doorstep, giving residents the feeling they are in their own private sanctuary, while the Brisbane CBD and so many fantastic restaurants, cafes and shops are close by. It is the epitome of the best of both worlds.&rdquo;

[smartcode_project_cta: project_id=108351]

Two-bedroom and two-bathroom apartments start from $755,000, while the four premium villas, integrated into the first levels of Charlton House, are a first for the Ascot Green community.


Mirvac launch Charlton House, the third release in Ascot Green masterplan

For their most recent luxury project in Perth, the ASX-listed property developer, Mustera Property Group, went overseas to acquire a unique design.

They had the Singapore-based WOHA to handle the architecture for Forbes Residences,&nbsp;a boutique collection of just 34 three and four-bedroom&nbsp;residences in the popular riverside suburb of Applecross.

The internationally renowned, award- winning architectural firm has important connection to Perth, through lead project architect and co-founder, Richard Hassell, who graduated from the University of Western Australia in the late 1980s.

&ldquo;We were approached by Mustera Property Group to explore the idea of a new mixed-use high-rise typology for Applecross, Perth,&quot; Hassell told Urban.

[smartcode_project:default project_id=93814 project_image_fid=193390]

&quot;They were aware of our projects in Singapore and wanted to see if our design strategies could be adapted to suit Perth&rsquo;s climate and context.

&quot;Western Australia has a beautiful climate and landscape and our client wanted to bring something different to the fairly homogenous market,&rdquo; Hassell said.&nbsp;

&ldquo;This is why, together with MJA Studio, WOHA were commissioned to design a development that offers a better high-rise lifestyle, one that maintains the feel of the leafy suburbs with plenty of options for indoor/outdoor living.&rdquo;

[smartcode_project:default project_id=93814 project_image_fid=193387]

Inspired by Applecross, the&nbsp;ambition for Forbes was to create exceptional riverside homes for residents to enjoy all the area has to offer.

&ldquo;The key aspect of the Forbes development is that it&rsquo;s designed, not as a stand-alone urban object, but as a three-dimensional environment that contains liveable, generous homes, shared facilities, commercial spaces, community services within gardens, natural light and air.&rdquo;

Presented as four organically shaped towers, connected via a series of sky gardens, fresh air and light weave throughout every level, creating naturally lit and ventilated lift lobbies.

[smartcode_project:default project_id=93814 project_image_fid=193525]

&ldquo;Applecross offers a beautiful garden suburb environment on the peninsula, and it inspired the building form, which is expressed as four modernist &ldquo;villas&rdquo; on a romantic mountainous landscape.&rdquo;

&ldquo;This expression gave us the opportunity to create extensive &#39;hanging gardens&#39;&nbsp;which drape the podium form and extend up the roof. These gardens preserve the garden suburb quality, create greater privacy, frame views, and enhance sociability through forming &#39;neighbourhoods&#39;&nbsp;of 12 apartments each.&rdquo;

The &ldquo;mountain&rdquo; is an inhabitable landscape from the gardens shared with the public on the ground and first-level, to the social areas for the commercial and residential spaces.

&ldquo;The gardens are not just nice to look at but also perform meaningful environmental services that benefit the development site as well as the district. The extensive greenery reduces the heat island effect, noise, and dust, prevents glare, and provides a habitat for biodiversity.&rdquo;

[smartcode_project:default project_id=93814 project_image_fid=193388]

The rooftop space also provides additional gardens for the penthouses, increasing the green-plot ratio and providing a cool and pleasant &ldquo;fifth fa&ccedil;ade&rdquo;.

WOHA have been developing and evolving their design strategies for over three decades, building a range of prototypes over time which have influenced the design of the Forbes Residences.

&ldquo;Our Parkroyal Collection Pickering project, with its hanging gardens and landscaped, topographical podium, Skyville @ Dawson with its sky village concept and communal sky terraces, or the Oasia Hotel Downtown with its lush green fa&ccedil;ade and green plot ratio of over 1000 per cent, are just a few of our previous projects where we also drew inspiration from.&rdquo;

[smartcode_project:default project_id=93814 project_image_fid=193389]

While the group have produced high-quality and innovative designs across the globe, fitting into the context of Perth was always going&nbsp;to be a challenge. As a city with few high-rise developments, and with the suburbs known for the idyllic tree-lined streets and single family properties, Forbes Residences&nbsp;deliver something new to the western coastline.&nbsp;

&ldquo;The challenge for this development was to come up with a high-rise design that harmonises and adds greater amenity along with its higher density to its low-rise neighbourhood.&rdquo;

&ldquo;To us, it&rsquo;s always exciting to see our strategies come to life and being adapted in a different part of the world, with a different climate and cultural context. We are happy that we&rsquo;re able to work with our talented local partners to realise this vision of Forbes Residences as a civic building that shares its assets with the community and enhances its environment, enriching the quality of life for all.&rdquo;

[smartcode_project_cta: project_id=93814]

Urban sat down with WOHA's, Richard Hassell, to discuss how they designed Forbes Residences in Applecross. 

How the international architecture firm WOHA designed Perth's Forbes Residences in Applecross

Alexandria is set for a modern six-storey, mixed-use development on the busy Botany Road.

The $6.9 million project at 650 Botany Road has been submitted to council by the design, construction and development group Orisi, on behalf of private developer Michael Dalah.

There will be two&nbsp;ground level commercial tenancy, and five levels above homing just 20 apartments, just four one-bedroom apartments per floor. Some have living space up to 80 sqm.

The two commercial tenancy spaces will be positioned on either side of the residences at the ground floor.

<img alt="" height="830" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-04_at_8.46.12_am.png" width="812" />

The project will be finished with a white render, blending with the&nbsp;frameless glass balustrades and white powder-coated metal.

Balconies extend to the eastern and western facades, embellished with landscaping by Conzept Landscape Architects.

Breaking up the form, a staircase extending the six-floors is centrally located, leading foot traffic&nbsp;to the communal and expansive garden space. The staircase will also serve as a buffer, creating an extended level of space and distance between each residence.

Located just 200 metres walking distance north of Gardeners Road, the locality is undergoing quite a transformation, with a shift from the older style warehouse and commercial activities, into a mixed use location with residential components.

The site is well serviced by public transport options with regular bus services towards Central Station via Green Square and further buses towards Mascot, Botany, Redfern Kingsford and Marrickville.

The developers have lodged plans for a 20 unit mixed-use development on Botany Road. 

Boutique mixed-use development set for Sydney's Alexandria

Melbourne units saw more growth than houses across the Victorian capital over the month of March, CoreLogic&#39;s most recent Home Value Index found.

Unit values rose 0.2 per cent Melbourne-wide, compare to the -0.2 per cent value losses across the housing market.

Since the start of the year, unit values are down -0.2 per cent, however, a sign of the market bouncing back in the city and its surrounds, unit values in the City of Melbourne LGA are up 8.6 per cent in the last six months.

[smartcode_project:default project_id=2929 project_image_fid=137895]

Melbourne unit rents are up 6.9 per cent&nbsp;over the past year, after posting a peak to trough fall of&nbsp;8.5 per cent.

Through the pandemic to-date, house rents in capital&#39;s have risen by 13.8 per cent, compared with a 3.4 per cent rise in unit values nationally.

CoreLogic&#39;s Research Director, Tim Lawless, says the net result is that renting a unit is substantially more affordable than renting a house.

[smartcode_project:default project_id=3459 project_image_fid=179458]

&quot;This affordability advantage, along with a gradual return of overseas migration, employees progressively returning to offices and inner city precincts regaining some vibrancy, are likely key factors pushing unit rents higher,&rdquo; Lawless said.

There&#39;s further growth anticipated for the Melbourne unit market.

&quot;In the lead-up to the federal election, both major political parties have already announced additional support for first home buyers in the form of an extension to low deposit home loan guarantees,&quot; Lawless added.

[smartcode_project:default project_id=2806 project_image_fid=175417]

&quot;Historically, first home buyers have reacted positively to stimulus measures.

&quot;A return of migration will also impact the change, with higher overseas migration&nbsp;a net positive for housing demand.

&quot;The most immediate flow through is likely to be seen in higher rental demand which could incentivise investors and, in the longer term, flow through to purchasing demand from permanent migrants.&quot;

Melbourne unit rents are up 6.9 per cent over the past year, after posting a peak to trough fall of 8.5 per cent


Melbourne units outperform houses over March: CoreLogic

Sydney-based luxury developer Sammut Group has signed Australia&rsquo;s largest builder Multiplex to construct its debut Gold Coast development, the $200 million absolute beachfront, COAST, at Garfield Terrace.

The appointment comes on the heels of the premium apartment project achieving a sales record for the Gold Coast with an average price of $5.25 million per apartment recorded as buyers flocked to the development following its release late last year.

COAST will rise on a prime beachfront site at 43 Garfield Terrace with construction scheduled to start this month following the appointment of Multiplex.

<a href="/new-apartments/coast-surfers-paradise-43-garfield-terrace-surfers-paradise"><img alt="" height="634" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bm_cam07_balconyinterior.jpg" width="1200" /></a>

Buoyed by strong sales, Sammut Group, which is undertaking the development in partnership with financier Alceon Group, is now looking ahead to the delivery phase of the luxury beachfront tower.

&ldquo;The appointment of Multiplex as our building partner for COAST is a significant milestone for this landmark development,&rdquo; said Sammut Group CEO Allen Sammut.

&ldquo;After achieving exceptional sales success, we are now progressing to construction of our vision to create the Gold Coast&rsquo;s premier residential address, firmly supported by one Australia&rsquo;s most experienced builders.&rdquo;

Multiplex has been responsible for the delivery of several of Southeast Queensland&rsquo;s most high-profile developments, including Destination Gold Coast Tower 2 at Star Residences, Queens Wharf Brisbane, Jewel Gold Coast, and the W Hotel Brisbane.

[smartcode_project:default project_id=101672 project_image_fid=185690]

The appointment to deliver Sammut Group&rsquo;s $200 million COAST will add to the builder&rsquo;s already strong pipeline of projects in Queensland.

&ldquo;We are delighted to be working with such a well credentialled developer as Sammut Group on such an iconic development for the Gold Coast,&rdquo; said Multiplex Regional Director, David Redding.

&ldquo;COAST will be a defining benchmark for the Gold Coast, and we look forward to leveraging our extensive track record of delivering high quality projects across Australia to bring this striking residential collection to life.&rdquo;

Sammut Group COO Julian Sammut said the company was looking forward to taking the next step in bringing the project to life for buyers.

&ldquo;This is an exciting project for us, being our first in Queensland, and we are looking forward to breaking ground on Gold Coast soil in the coming weeks,&rdquo; he said.

<a href="/new-apartments/coast-surfers-paradise-43-garfield-terrace-surfers-paradise"><img alt="" height="482" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bm_cam04_kitcheninterior.jpg" width="1200" /></a>

COAST will deliver a suite of beachfront residences over 35 levels to the Surfers Paradise beachfront, contained in a striking tower designed by PBD architects.

The appointment of Multiplex is a major employment boom for the Gold Coast with the project expected to employ approximately 400 workers during its construction period.

&ldquo;We take very seriously the jobs creation that is afforded to us through securing such quality projects,&rdquo; said Mr Redding.

Just eight apartments remain to be sold at COAST, the first for Sammut Group on the Gold Coast after three decades of delivering premium-project excellence in iconic locations across Sydney.

The multi-award-winning developer has incorporated a wealth of resident amenities in the COAST design, including a 32-metre pool that wraps around the exterior of the building along the entire eastern and northern frontages.

[smartcode_project:default project_id=101672 project_image_fid=185691]

This will be accompanied by a cabana and lounges, a barbecue entertaining area, wellness facilities including a yoga studio, massage rooms and sauna, function facilities, a residential beach bar with breakout areas and a commercial-sized gym.

COAST has ignited the imagination of buyers, setting a new price record for sub-penthouses twice on the Gold Coast, one for $8.775 million and then another for $8.95 million &ndash; both of which sold to interstate buyers.

[smartcode_project_cta: project_id=101672]

COAST will rise on a prime beachfront site at 43 Garfield Terrace with construction scheduled to start this month following the appointment of Multiplex.



Sammut Group appoint Multiplex to build $200 million luxury Surfers Paradise beachfront apartment development, COAST

With an address perfectly positioned to enjoy all that Bayside has to offer -&nbsp;from&nbsp;pristine beaches,&nbsp;beautiful parklands and more than 50 cafes, boutiques and restaurants lining the popular Hampton Street - the area has blossomed into&nbsp;one of the most popular places to live in the country.&nbsp;

From Brighton, to Hampton, the Bayside area homes some of Melbourne's trendiest and most affluent&nbsp;suburbs, with&nbsp;developers&nbsp;leaving their mark, building a number of residences across the area.

We've put together the best apartment developments on the market in the Bayside area.

<h2>Soul Hampton</h2>

Differentiating itself from the larger projects on the market in the area, Soul Hampton offers just eight apartments in the Finnis Architecture-designed building, which features a sleek modern exterior blending with lush greenery.

A stone's throw from Hampton Beach at 14-16 Grenville Street, Soul Hampton is made up of two and three-bedroom apartments, ranging in size from a generous 120 sqm to 181 sqm.

[smartcode_project:default project_id=93042 project_image_fid=193039]

Soul of Hampton isn’t just located in one of the most prestigious and luxurious suburbs in Melbourne, it’s in the heart of it.

<h2>Awaken</h2>

<h2>Developer: Skelton</h2>

Offering just 13 three-bedroom residences, Awaken is uniquely positioned in a secluded area of Brighton at 30-32 Rooding Street, but just a short walk to the popular Bay Street.

Partnering with renowned Melbourne architect Travis Walton, Awaken takes a contemporary and restrained approach to bayside luxury living.

[smartcode_project:default project_id=30087 project_image_fid=143715]

Comprising locally-sourced European-style brickwork and contrasting electro-bronze metal detailing, the architectural composition draws focus to the verdant landscape, combining natives and evergreen plants to create softness and seasonal change.

The interiors at Awaken are planned with generous proportions, affording openness and flexibility for contemporary living.

<h2>32 Black Street, Brighton</h2>

The opportunity to call the heart of Brighton home does not come along every day. To do so in the surrounds of excessive, modern luxury in your brand new apartment a mere stroll from the beach? Well, that almost never happens.

Eight luxury apartments due for completion by early 2023.

[smartcode_project:default project_id=108268 project_image_fid=203047]

From their expansive balconies overlooking the city skyline to their marble-tiled bathrooms and designer kitchens, every aspect of their homes exudes wealth and sophistication.

<h2>Fifty Two Black</h2>

<h2>Developer: PB &amp; Co.</h2>

Fifty Two Black presents a limited collection of five residences in Melbourne’s most exclusive beach suburb, Brighton.

Delivered by PB &amp; Co., it is the first project in Australia to be exclusively furnished in Ralph Lauren Home.

[smartcode_project:default project_id=106713 project_image_fid=171908]

Residence Three is among the five three-bedroom apartments available in the refined development, boasting an intelligent floorplan with 3.5 bathrooms and three car spaces.

<h2>Hampton Hill</h2>

<h2>Developer: Lowe Living</h2>

The leading Bayside developers, Lowe Living, latest arrival, Hampton Hill offers a mix of one, two and three-bedroom apartments, including two luxury penthouses which have panoramic bay and city views.

The 7.5 Star energy rated apartments, officially the highest energy saving apartments on offer in Hampton,&nbsp;each feature natural stone kitchens with Miele appliances, and terraces off the open plan living space designed for alfresco dining.

[smartcode_project:default project_id=110170 project_image_fid=185810]

A collaboration between the&nbsp;globally renowned architects Woods Bagot and landscape architects Florian Wild, the building’s&nbsp;façade has been designed to adapt Hampton Hill’s namesake mural into a prominent identity for the streetscape.

<h2>Omnia</h2>

<h2>Developer: Shenfield Property</h2>

Just the other side of the Nepean, Omnia is positioned is a thriving part of the Moorabbin community, offering something for everyone, from single bedroom apartments to 4 bedroom townhouses.

A wide range of schools, higher education, cafés, shopping, and numerous parks and reserves are at your 4-6 Horscroft Place Moorabbin VIC doorstep. After picking up the kids from Moorabbin Primary School, take a trip down to the Kingston Art Centre, where you can take in art exhibitions, live performances, and events throughout the year. Adjacent to the conveniently placed Moorabbin Station is the RSEA park, home to St Kilda Football Club.&nbsp;

[smartcode_project:default project_id=29048 project_image_fid=179239]

Omnia is under construction&nbsp;with construction due to complete Mid 2023, now is your chance to talk to the team about&nbsp;the developers final release of available residences.

<h2>37 Prince Street, Hampton</h2>

37 Prince Street is the latest Bayside development to join the list.

Comprising three-bedroom floorplans, the residences encompass a basement, ground floor and first floor, with each also enjoying a front and backyard.&nbsp;

[smartcode_project:default project_id=133897 project_image_fid=205253]

Only unit one fronts Prince street, with the remaining three residences accessed from the side laneway.

Spanning from 179 sqm, the basements include space for two cars, with provisions for storage and a laundry also.

The ground level will house the open plan living, kitchen and dining space, along with an ensuited bedroom and a powder room, while the additional two bedrooms will be included across the first floor, along with a second living space and a bathroom.

[smartcode_project:default project_id=133897 project_image_fid=205254]

Units one, three and four will also include ensuites in the first floor master-bedrooms.&nbsp;

The four unit development is slated for completion by mid 2024.

[smartcode_project:default project_id=133897 project_image_fid=205264]

From Brighton, to Hampton, the six feature new developers are your chance to call Bayside homes.

Top new developments in Bayside, Melbourne October 2022

Hampton has quietly evolved as a sought-after suburb in Melbourne&#39;s Bayside area.

On the fringes of the ever unaffordable Brighton, Hampton has positioned itself as offering the same exclusive Bayside lifestyle without the high-end price point that Brighton will always carry.

And the Hampton Activity Centre, incorporating the popular Hampton Street, which is becoming well known&nbsp;for its retail, cafe, and restaurant culture, is bringing a different type of buyer to the area.

Developers have the option of being nearer the bay or nearer the retail, or ideally somewhere in between the two. Hampton is just 20 minutes to the city, which has further encouraged buyers wanting to move to nearer the water and still be able to commute when necessary.

There&#39;s been a few recent apartment projects hit the market in Hampton, which we&#39;ve taken a look at in closer detail.

<h2>Soul Hampton</h2>

Differentiating itself from the larger projects on the market in the area, Soul Hampton offers just eight apartments in the Finnis Architecture-designed building, which features a sleek modern exterior blending with lush greenery.

[smartcode_project:default project_id=93042 project_image_fid=193034]

A stone&#39;s throw from Hampton Beach at 14-16 Grenville Street, Soul Hampton is made up of two and three-bedroom apartments, ranging in size from a generous 120 sqm to 181 sqm.

Soul of Hampton isn&rsquo;t just located in one of the most prestigious and luxurious suburbs in Melbourne, it&rsquo;s in the heart of it.

[smartcode_project:default project_id=93042 project_image_fid=193039]

Located on the doorstep of the Sandringham Yacht Club &ndash; Australia&rsquo;s number one yacht club &ndash; Soul apartments have created resort style living, with interiors of natural stone and high-end veneer timber panelling, as well as high-end finishes and Gaggenau appliances.

Liebherr integrated fridges also feature in the kitchens, along with underfloor heating in all bathrooms and gas fireplaces.

<h2>Hampton Hill</h2>

<h2>Developer: Lowe Living</h2>

The leading Bayside developers, Lowe Living, latest arrival, Hampton Hill offers a mix of one, two and three-bedroom apartments, including two luxury penthouses which have panoramic bay and city views.

<h2>[smartcode_project:default project_id=110170 project_image_fid=185822]</h2>

The 7.5 Star energy rated apartments, officially the highest energy saving apartments on offer in Hampton,&nbsp;each feature natural stone kitchens with Miele appliances, and terraces off the open plan living space designed for alfresco dining.

Following the launch of the group&rsquo;s newest Bayside apartment development, around half of&nbsp;the boutique 32-apartment development is either sold or reserved.

[smartcode_project:default project_id=110170 project_image_fid=185810]

A collaboration between the&nbsp;globally renowned architects Woods Bagot and landscape architects Florian Wild, the building&rsquo;s&nbsp;fa&ccedil;ade has been designed to adapt Hampton Hill&rsquo;s namesake mural into a prominent identity for the streetscape.

The interiors features a harmony of light and space, as pale oak flooring, honed natural stone and bespoke joinery create a palette of earthy neutrals and bay inspired hues.

[smartcode_project:default project_id=110170 project_image_fid=185823]

The living zones are connected to nature through a series of terrace planters, coastal grasses and cascading foliage in the outdoor spaces.

The development is zoned for a number of prestigious schools nearby and has the hospitality and retail precinct of Hampton on its doorstep.

<h2>New Hampton</h2>

<h2>Developer: Pitard Group</h2>

Pitard Group will be bringing&nbsp;19 apartments to the hear of Hampton. Pitard drew inspiration from the&nbsp;project, dubbed&nbsp;New Hampton,&nbsp;from the sites location.&nbsp;

<h2>[smartcode_project:default project_id=7690 project_image_fid=149468]</h2>

New Hampton offers homes with spacious interiors, terraces, and high-end detailing. Created by Melbourne-based builders Pitard Group, residences utilise a soft, neutral palette, with a mix of one, two and three-bedroom apartments.

With expansive layouts and living spaces to suit an array of needs, the dwellings have been designed to filter natural light throughout the home, while indoors to outdoors blend seamlessly together with the terrace connection.

[smartcode_project:default project_id=7690 project_image_fid=149465]

Designed around the island bench, and further accentuating the apartment&rsquo;s open-plan design, kitchens encompass premium joinery, abundant storage, woodgrain feature panels, top-quality appliances and high-end fixtures and finishes.

The Hampton address is perfectly positioned to enjoy Bayside&rsquo;s beaches, abundant&nbsp;parklands and more than 50 cafes, boutiques and restaurants that line Hampton Street.

<h2>Hampton Bay</h2>

<h2>Developer: Life Project Group</h2>

Created by Life Project Group with acclaimed architect Martin Friedrich, Hampton Bay delivers a range of open, light, and innovative residences at 24 Grenville Street - landing within Hampton&rsquo;s famed Golden Triangle.&nbsp;

[smartcode_project:default project_id=25862 project_image_fid=58913]

Hampton Bay consists of just nine residences; four apartments; two villas; and three sky-penthouses.

Inspired by function, the four generously proportioned single-level apartments are pitched at the&nbsp;downsizer. The apartments focus on&nbsp;indoor and outdoor living, with the internals opening&nbsp;to large private courtyards set in John Patrick designed gardens.

[smartcode_project:default project_id=25862 project_image_fid=58916]

Residents can enjoy single level living in one of only two north-facing townhome-style first floor residences. With an indoor-outdoor living flow, northern light and bay breezes spill through the expansive windows and sliding doors into the living areas.

The three sky penthouses are true to renowned architect Martin Friedrich&rsquo;s style &ndash; combining contemporary coastal-inspired design with a fluid form.&nbsp;The penthouses, that are set over two levels with a spiral staircase,&nbsp;feature high ceilings and full height windows and&nbsp;designer kitchens with Gaggenau appliances.

Urban have taken a look at some of the best apartments selling in Hampton right now



The top four Hamptons apartment developments currently on the market

<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;has undergone a full regeneration, with buyers descending on the village-style island just off across the bridge from the lifestyle and entertainment hub of Surfers Paradise.

Since the opening of the new $60 million arts precinct HOTA (Home of The Arts), Australia's largest regional art gallery, Chevron Island has well and truly been in the spotlight, both for developers, who are seeking to creating apartments on the limited land on the island, and buyers who want to live the quiet village, community-driven lifestyle, while still being within touching distance of Surfers Paradise.

Urban has taken a look at some of the best apartments currently for sale on Chevron Island.

<h2>Orama</h2>

<h2>Developer: Aniko Group</h2>

The latest developer to take to Chevron Island is Aniko Group, who made a name for themselves for their extensive redevelopment of Hope Island.

They've recently launched Orama, which rise 21 levels from 12-16 Weemala Street, conveniently located just off Thomas Drive, the retail, food and cafe which dissects the island.

[smartcode_project:default project_id=111898 project_image_fid=209596]

The site is also located on the sought-after eastern side of Chevron Island, which makes it just a short 950 metre walk over the bridge to the heart of Surfers Paradise.

There will be 102 apartments in the tower, six units per floor on the lower levels comprising two-bed, two-bath units with a study, and most with two car parks. Prices start from $795,000.

[smartcode_project:default project_id=111898 project_image_fid=209594]

On the higher levels there are three-bedroom skyhomes and two penthouses.

Plus Architecture has designed the tower, noting in their submission that they&nbsp;always design with the intent to produce buildings that are not only beautiful, but considered, functional and lasting.

<h2>Tapestry</h2>

<h2>Developer: Siera Group</h2>

The hotly anticipated&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;apartment development, Tapestry, which was designed to reflect the growing cultural and arts precinct just off Surfers Paradise, recently launched to the market.

[smartcode_project:default project_id=108641 project_image_fid=192964]

The 22-level project, on the east-side of&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;at 39 Darrambal Street, was developed by the Brisbane-based Siera Group, with local architecture firm BDA on board for the design.

With 113&nbsp;apartments, Tapestry offers residents two and three-bedroom residences, with floorspace of up to 124 sqm.

[smartcode_project:default project_id=108641 project_image_fid=192972]

Crowning Tapestry is set to be one of the most impressive rooftop amenity spaces on the Gold Coast, featuring a resort-style&nbsp;swimming pool with day beds, a spa, and a pool deck.

A&nbsp;barbecue and alfresco area will sit in landscaping, as will dining surrounded by an edible garden.

There is also set to be&nbsp;a private dining space with a terrace and fire pit, a gym with sauna and steam room, and a lounging area with a lawn.

[smartcode_project:default project_id=108641 project_image_fid=192962]

<h2>Chevron One</h2>

<h2>Developer: Bensons Property</h2>

As Chevron Island’s first and only true high-rise apartment developments, Chevron One has paved the way for the developments that sit alongside it in this list.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developed by Bensons Property, Chevron One rises 41 levels at the sought-after Stanhill Drive dress circle.

[smartcode_project:default project_id=6515 project_image_fid=68836]

The group secured the development application before stricter rules were put in place on development height.

There will be 228 apartments in&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation" target="_blank">Chevron One</a>, designed by architects&nbsp;<a href="/architects/marchese-partners" target="_blank">Marchese Partners</a>.

The one, two and three-bedroom apartments are spacious in design, featuring open-plan living areas, with the kitchens designed by renowned chef, Shannon Bennett.

[smartcode_project:default project_id=6515 project_image_fid=167320]

Home to nearly 2000 sqm of resort-style amenities, residents will benefit from a private outdoor lagoon pool with floating cinema, sculptured gardens, an indoor/outdoor beach, a lap pool, spa and sauna.

Residents will also enjoy exclusive dining facilities, resident’s lounge with barbecue facilities, a gymnasium and a yoga and pilates room.

Located on the banks of the Nerang River,&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation" target="_blank">Chevron One</a>&nbsp; rises above the new arts precinct on the island, situated&nbsp;minutes from the beaches, business precincts, retail and entertainment venues of Surfers Paradise.

[smartcode_project:default project_id=6515 project_image_fid=68839]

NB: This article was update April 13 2023

Chevron Island has well and truly been in the spotlight for both for developers and buyers since the opening of HOTA

The top three Chevron Island apartment developments on the market

The Yarra River stretches 242-kilometres through south-central Victoria, with the lower stretch of the Yarra where&nbsp;Melbourne was established in 1835.

To the original Wurundjeri people, the river was &ldquo;birrarung&quot;, which translates to&nbsp;&#39;river of mists and shadows&#39;.

It was only a generation ago that Melbourne&rsquo;s Yarra River still carried the name &lsquo;Main Drain No. 1&rsquo; on the city&rsquo;s water and drainage maps.

From the days of the city&rsquo;s settlement on the north bank of the river to a media-led public campaign in the 1980s with, &ldquo;Clean up the Yarra&quot;. Now, whether it be for prestige houses or apartment developments, the Yarra is one of the city&#39;s most sought after spots due to its walking trails and how it connects residents to nature.

Four kilometres of prime CBD river frontage links Melbourne&rsquo;s Convention Centre and World Trade Centre with Crown Casino, Federation Square, Arts Centre Melbourne, the Royal Botanic Gardens and a nuclei of world-class sporting venues. In between the major venues lie an ever-growing array of residences, restaurants, boutique shops, riverside bars, eateries, galleries and theatres.

With all the new residential developments cropping up on the banks of the icon, we&rsquo;ve taken a look at some of the best apartments along the river.

<h2>Seafarers</h2>

<h2>Developer: Riverlee</h2>

[smartcode_project:default project_id=27728 project_image_fid=173913]

The luxury mixed-use hotel and apartment development, Seafarers, will see the transformation of the heritage-listed Goods Shed No.5, on a&nbsp;waterfront site&nbsp;which sat dormant for more than 40 years.

Situated between the CBD and&nbsp;Docklands, Seafarers will comprise 120 luxury hotel-branded residences atop 277 guest rooms, as part of Australia&rsquo;s first 1 Hotel &amp; Homes.

[smartcode_project:default project_id=27728 project_image_fid=173915]

Designed by Fender Katsalidis, the building takes on a bold sculptural form, with interiors designed by Carr Design, taking cues from the ever-changing form of the Yarra River.

With the retention of Goods Shed No.5, Seafarers will also encompass Melbourne&rsquo;s newest 3,500 sqm public park, Seafarers Rest, to provide open space to users, residents and visitors of the Northbank precinct.

Located on the final piece of Melbourne&#39;s original waterfront,&nbsp;Seafarers will integrate luxury residences and&nbsp;luxury hotel amenities, management and services. Everything from valet parking and concierge, to personal shopping and pantry stocking.

[smartcode_project:default project_id=27728 project_image_fid=173942]

<h2>Riverbank</h2>

<h2>Developer: Salta Properities</h2>

[smartcode_project:default project_id=4136 project_image_fid=156385]

Capturing the curves of the Yarra below, Riverbank is part of&nbsp;<a href="/buildings/riverbend-the-park-house-627-victoria-street-abbotsford">The Park House</a>, the Victoria Road development by Salta Properties.

Designed by SJB Architects, in collaboration with&nbsp;<a href="/architects/carr-design" target="_blank">Carr Design</a>,&nbsp;Riverbank apartments take on the earthy palette of the river parkland, offering a choice of two colour schemes to residents.

Dwellings are designed with open-plan living, &nbsp;with a mix of one, two and three-bedrooms on offer.

[smartcode_project:default project_id=4136 project_image_fid=156265]

Planning of apartments provide significant northerly outlook over the natural landscape of the river setting while common facilities are well located and generous.

Riverbank residents get&nbsp;direct access to the &nbsp;Capital City Bike Trail which runs alongside the Yarra River for almost 20 kilometres, connecting Richmond and Abbotsford to the CBD and through Yarra Bend Park to Kew and Collingwood.

[smartcode_project:default project_id=4136 project_image_fid=156274]

<h2>Voyager</h2>

<h2>Developer: Mirvac</h2>

[smartcode_project:default project_id=3494 project_image_fid=184708]

Mirvac&rsquo;s Voyager residences land within the ASX-listed developer&#39;s master plan, Yarra&rsquo;s Edge.

Developed on the north-facing bank of the Yarra River over the past 20 years, Yarra&rsquo;s Edge is a well-established waterfront sanctuary positioned between the Fishermans Bend precinct and South Wharf.

Just 2.4-kilometres from the city centre, Voyager comprises one, two and three-bedroom apartments, as well as a handful of townhomes.

[smartcode_project:default project_id=3494 project_image_fid=191988]

On the doorstep of Yarra&rsquo;s Edge, Fishermans Bend is playing a vital role in Melbourne&rsquo;s future evolution. The 480-hectare site, more than twice the size of Melbourne&rsquo;s CBD, is Australia&#39;s largest renewal site and is anticipated to deliver significant new residential, commercial, transport and community facilities.

Living at Yarra&rsquo;s Edge also means living close to a spacious new park. Montague Park is located 2.4-kilometres from Voyager and is more than double the size of Melbourne City Square, featuring lush lawns, walking paths and shady trees.

[smartcode_project:default project_id=3494 project_image_fid=191990]

<h2>Walmer</h2>

<h2>Developer: Salta Properties</h2>

[smartcode_project:default project_id=3475 project_image_fid=150823]

Already heavily active within the Victoria Street Precinct which straddles both Richmond and Abbotsford, Salta Properties have added 109 high-end apartments on the site which faces the Victoria Gardens complex.

Designed by Bates Smart, the building will present as a &lsquo;U&rsquo; shaped structure with an adjoining mezzanine stair leading to the bank of the Yarra River.

Comprising 75 one, two, three and four-bedroom apartments, Salta Properties&rsquo; Walmer presents a riverfront residence that sits as a natural extension of its surrounds.

[smartcode_project:default project_id=3475 project_image_fid=150818]

Landscapers, Taylor Cullity Lethlean, have designed dwellings to feature generous outdoor living spaces, along with native planting.

Each light-filled residence includes an open-plan kitchen, carved stone benches, curated Gaggenau and BORA appliances and integrated fittings.

Walmer also features a well-stocked library, business centre, communal wine cellar and on-call chef and concierge.

[smartcode_project:default project_id=3475 project_image_fid=150788]

It was only a generation ago that Melbourne’s Yarra River still carried the name ‘Main Drain No. 1’ on the city’s water and drainage maps.

The best brand new Melbourne apartments for sale along the Yarra River

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

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