ASX-listed developer, Cedar Woods are working in response to market demand with their latest masterplanned community.&nbsp;

In response to increasing market demand for affordable townhome living, the group has launched its second townhome offering within Mason Quarter.&nbsp;

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Located in the burgeoning suburb of Wollert, the new SOHO Living townhome offering will add eight three-bedroom townhomes to the 64-hectare masterplanned development&nbsp;

Following the recent sell-out sales success of Mason Quarter’s first SOHO Living&nbsp; collection, Cedar Woods is receiving similar interest from buyers keen to secure a low maintenance yet well-appointed and affordable home.&nbsp;

The group’s Development Director, James Bovell said it was evident that design led townhomes in masterplanned communities were becoming increasingly popular, with first-home buyers and downsizers in particular attracted to their affordability, convenience, and connectivity to the local community.

“With ever changing market conditions, we’re seeing homebuyers increasingly look for locations that offer more amenity,” said Bovell.

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“Masterplanned communities, such as Mason Quarter, offer residents a lifestyle that is equipped with surrounding benefits, such as the nearby Wollert Primary School and cafes, restaurants, retail destinations and schools all located within close proximity.”

The release of the latest townhomes complements the most recent Greenfield Market Report by RPM Real Estate, which forecasts an increase in demand for townhomes in Australia due to their versatile layouts and&nbsp; affordable price points for a diverse range of homebuyers.

“Townhomes are particularly attractive to first-home buyers and young families, as they offer purchasers enough space as well as privacy required for adapting needs,” said Bovell.

“We’re seeing a rise of interest in the townhome product, not only in Mason Quarter but our community developments across Australia. The new SOHO Living townhomes at Mason Quarter answers this demand for Melbourne homebuyers, who are looking for elevated design and contemporary living.”&nbsp;

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The townhomes are set to feature open-plan layouts, spacious porches, private garages and kitchens with stone bench tops and European-inspired appliances, including an oven, cooktop, range hood and dishwasher.

Once complete, Mason Quarter is slated to accommodate over 800 dwellings, two schools, a community centre, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre with a range of existing infrastructure and public amenity nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

The second release of SOHO Living townhomes in Mason Quarter are now selling, with prices starting from $534,900.

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Located in the burgeoning suburb of Wollert, the new SOHO Living townhome offering will add eight three-bedroom townhomes to the 64-hectare masterplanned development 

alisonwarters@gmail.com

Cedar Woods answer demand for townhome living with second SOHO Living release in Mason Quarter

The latest market research from Colliers shows the sales of new apartments on the Gold Coast continues to only edge higher.&nbsp;

In the June quarter prices were pushed higher, even amid the city’s ongoing supply shortage and interest rate rises.&nbsp;

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The research, supported by data from Urbis, has revealed 396 sales of new apartments in the quarter, up from 377 sales three months earlier, despite the Reserve Bank of Australia lifting the cash rate for the first time in more than a decade during the middle of the quarter last May.

Critically, the data shows the average price paid for these apartments was $1.117 million - or 3.8 per cent higher than the previous three months, which is just shy of the record high of $1.143 million reached in the September quarter of 2020 during the height of the pandemic.

Director of Colliers Residential Gold Coast, David Higgins said the latest report reveals a general trend of declining sales of new apartments since the record high of 742 in the March quarter last year.

“The latest quarter’s sales may be slightly higher than the March quarter but well down on the extraordinary peak we saw in the first quarter of last year,” said Higgins.

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“However, sales over the 18 months to June this year have all been significantly higher on a quarterly basis than the preceding 18 months and that reflects sustained demand in the market even through the first two interest rate increases.”

The number of apartments remaining for sale across the 81 Gold Coast projects surveyed for the report was 875 – up from 411 in the March quarter as more projects were released to the market.&nbsp;

But that still represents just 5.5 months of supply based on the current sales rate.

Colliers expects supply constraints and ongoing demand to continue driving apartment prices higher on the Gold Coast in the near term.

Director in Charge of Colliers Gold Coast, Steven King, said the findings in the report were reflective of the Gold Coast’s product shortage and continuing market strength.

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“Supply of new apartments is falling due to the increased cost of construction, which for high rise apartment projects over the last 16 months has risen by more than 25 per cent,” said&nbsp; King.

“Demand for new apartments remains solid but with a reduced supply of new projects and apartments, we expect apartment prices to continue rising especially if the supply shortage becomes more critical.”

The report also shows the Gold Coast capped of the 2022 financial year with a total of 2,073 new apartment sales.&nbsp;

Three-quarters of these were located along the coastal strip from Southport to Coolangatta with almost half, or 49 per cent, in the Gold Coast Central precinct which includes Broadbeach and Surfers Paradise.&nbsp;

The Southern Beaches precinct from Mermaid Beach to the southern border accounted for 26 per cent of the year’s total sales.

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Among other key findings in the latest research is an increase in offshore investors entering the market during the June quarter with four per cent of total sales during the period requiring Foreign Investment Review Board approval. The number of FIRB sales was up three per cent compared with the March quarter this year.

“There’s an emerging trend of foreign purchasers gradually re-entering the southeast Queensland investment market,” said Higgins.

“We’ve also noticed that the dynamic interest rate environment has had less of an effect on owner-occupier stock above $1.5 million in comparison to the bottom end of the market. Should they continue, both of these emerging trends will add another layer of continued demand pressure in the medium term.”

Higgins said the apartment market has been dominating sales momentum across all property sales on the Gold Coast over the past year.&nbsp;

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In the nine months from the 2021 September quarter to the March quarter this year, there was an increase of 55.1 per cent in house sales compared with a 104.4 per cent increase in apartment sales, led by a surge of buyer activity at the tail end of COVID.

“The Gold Coast metro’s house market shows continued signs of growth, but at a slower rate, which is welcome news for buyers,” concluded Higgins.

In the June quarter prices were pushed higher, even amid the city’s ongoing supply shortage and interest rate rises. 

Gold Coast apartment sales and prices edge higher amid ongoing supply shortage 

The inner-city development, Gramercy Terraces has hit 50 per cent sold.&nbsp;

The terraces are part of the boutique offering for Lendlease Retirement Living, forming part of the broader intergenerational living precinct in Melbourne’s inner-city, on the well-known Bendigo and Khartoum streets in Richmond.

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Upon completion the project will comprise 31 three and four level, three and four-bedroom freehold terrace homes, complete with full voids that maximise natural light, some with backyards and rooftop terraces with city views.

A lot of the new homes were snapped up before construction even began, however a number of three-bed terraces are still available in the development.&nbsp;

The development has attracted a strong mix of owner-occupiers and downsizers seeking the dynamic inner-urban lifestyle that Gramercy Terraces offers.

Lendlease said they had also seen an uptake in stock from young families, with many drawn to the convenience and locality of Gramercy Terraces.&nbsp;&nbsp;

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“Purposefully designed with families, couples, downsizers and investors in mind, we have seen a strong demand for this product to date with only 15 terraces now remaining,” a Lendlease spokesperson said.

Gramercy Terrace adds the residential component of Lendlease’s intergenerational living precinct, which neighbours Ardency Kennedy Place - Lendlease’s five-star luxury retirement living community currently under construction.

A new onsite café and provedore and the existing Richmond Community Learning Centre will also sit alongside Gramercy Terraces in the precinct, with future residents benefitting from amenities on their doorstep.&nbsp;

Residents will be within close proximity to a number of trendy restaurants, cafes and boutiques which take up shop along the bustling Swan Street, while also maintaining easy connection to the rest of the city from Burnley Station.&nbsp;

The architectural design 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's first piano factory.

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Construction of the final residences began in the first half of this year, with future residents expecting to move in by late 2023.&nbsp;

The residences are priced from $1.85 million, with floor plans ranging from 193 sqm to 215 sqm, with individual balconies and generously-sized rooftop terraces.&nbsp;

Prospective buyers can even check out the Gramercy Terraces display which is open by appointment seven days a week.

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A lot of the new homes were snapped up before construction even began, however a number of three-bed terraces are still available in the development. 

Gramercy Terraces hits 50 percent sold in the leafy east pocket of Richmond

The Rob Steer-led luxury property group, Steer Developments, is capitalising on the sustained demand for premium beachside residences with the launch of its latest Gold Coast project, Côte, Palm Beach.&nbsp;

The $51 million project experienced a highly anticipated launch which has now led to the group fast-tracking the development, announcing the appointment of local builders GCB Constructions to make a start on the project within a matter of weeks. &nbsp;

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Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.

“Côte presents an exceptional opportunity for buyers to secure a masterfully designed residence in one of the best beachside locations at Palm Beach,” said Steer.

“We have ensured that Côte sensitively responds to the local context while delivering the absolute best of a luxe lifestyle that is just steps away from the beautiful beachfront, the Palm Beach village precinct and some of the southern Gold Coast’s best cafés, restaurants, bars and boutique retail.”

The company’s latest luxe development brings Steer’s combined project portfolio on the Gold Coast close to $350 million, which includes plans to transform the famous Ashmore Steak and Seafood site into the $60 million Ashmore Markets high-end retail precinct.

[smartcode_project:default project_id=112548 project_image_fid=205277]

Designed in collaboration with DKO Architecture and Plus Architecture, Côte has been crafted to foster a life of coastal luxury and unrivalled convenience, taking advantage of the site’s natural beauty and prime location in the heart of Palm Beach.

Each of the 17 apartments will feature three bedrooms, a multi-purpose room and three-and-a-half bathrooms, with accommodation for two cars in a secure underground carpark.

CBRE Gold Coast, which has undertaken some of the Gold Coast’s key marketing campaigns, has been appointed to market Côte Palm Beach, with the group’s Director of Residential Projects, Nick Clydsdale saying it’s Côte’s design and location driving the interest in the project.&nbsp;

“Côte taps into an ever-growing buyer pool of well-heeled owner occupiers who respond to impeccable design and location and demand certainty of delivery,” said Clydsdale.

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The building’s sculpted façade, featuring a timeless sophistication and a visually dynamic form, captures the essence of coastal refinement, while the interiors curve in and out of form, with the distinctive recesses creating a shell-like pattern.

Priced from $2.39 million, the luxury residences at Côte will offer generously-sized living spaces, high-quality appointments and lush outdoor spaces that take in the expansive ocean views

Côte’s floor-to-ceiling glazing throughout is designed to foster ample natural light and scenic coastal views, while cascading greenery will soften the linear form. Expansive balconies in each apartment also create superb alfresco settings for everyday living or entertaining.

“Côte Palm Beach will appeal to a broad range of buyers from professionals, holiday investors and downsizers, as well as Palm Beach locals who have already responded so well to this project,” Steer said.

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Côte’s two-per-floor apartments will deliver spacious open-plan living with superior finishes and luxury inclusions such as stone benchtops and premium oak flooring.&nbsp;

Among the inclusions are high-end Miele and Gaggenau appliances in the kitchen and laundry, plus a wine fridge and barbecue station on the balcony.

The master bedroom features generously sized walk-in robes and ensuites, boasting large freestanding circular baths paired with the rounded edge walls that feature throughout.

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Residents will also enjoy premium resort-style facilities including a residents-only pool with a lounge area, communal dining and barbecue facilities, beach showers and a start-of-the-art gym studio overlooking the pool area.

The development is scheduled for completion in March 2024.

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Located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach, Côte will deliver a collection of just 17 residences across nine levels.

Steer Developments fast-tracks construction of $51 million Côte Palm Beach after launch

It’s a rare advantage to find a new build along the Gold Coast at the moment.&nbsp;

While a number of residential projects begin to launch to the market for off the plan sales, McDonald Industries' Park Shore development presents one of very limited chances to secure and move into a new apartment this year.&nbsp;

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The family-owned development group has released the 45 built apartments to meet sustained demand from property buyers in the Gold Coast’s prime lifestyle precincts, with the residences priced well below the replacement cost of new apartments.

With a mix of two and three-bedroom apartments, the release delivers a spat of modern residences in the suburb’s sought-after Golden Mile, tipped as the most affordable to come to the locale in years.

Located at 41 Labrador Street, buyers can expect to move in by December, with the unique offering following the extensive refurbishment of the former Sandy Point Resort which was purchased by McDonald Industries in June this year.

McDonald Industries' Alex Pope said the opportunity for buyers to lock into one of the Gold Coast’s prime waterfront markets, with an array of lifestyle amenities at the door, at the prices on offer is extremely unheard of.&nbsp;

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“With construction costs continuing to rise, this development delivers a range of newly renovated apartments at below replacement costs. We believe there is no other building on the Gold Coast or in Queensland that is offering such an opportunity.”

Apartments within Park Shore have just been released to the market for the first time this week, with prices starting from $695,000 to $950,000.&nbsp;

A focus has been placed on maximising view points across Park Shore, with apartments enjoying aspects to either the waters of Broadwater, the rolling sand banks along the estuaries, the glittering lights of the Gold Coast skyline or to the stretches of the hinterland.&nbsp;

Spanning approximately 120 sqm, each apartment boasts three balconies to encapsulate the varying viewpoints, while spacious interiors seamlessly blend to bring the outside in.&nbsp;

Each of the homes will feature large kitchens, adorning European appliances, generously-sized bedrooms and open-plan living and dining areas, along with two bathrooms which include a bath.&nbsp;

Large internal laundries will be complemented by custom robes, timber composite flooring and plush carpet in the bedrooms, with dedicated entry hallways and ample storage rounding out the offerings.&nbsp;

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Leading Sales Agent, Tim Keenan of Keenan &amp; Co. said Park Shore presented a truly unique opportunity to live and invest in a bygone era of quality building design, spacious layouts and solid construction.&nbsp;

“They don’t design and build apartments like they used to, and we believe the oversized living area and bedrooms of Park Shore apartments will be exceptionally appealing to today’s buyers,” Keenan said.&nbsp;

All common areas of the building have been upgraded in the refurbishment, with a stylish reception and foyer, as well as extensive landscaping and garden areas and many of the amenities residents would expect to find in a modern resort-style development.

A large pool with surrounding cabana and barbecue areas will feature, along with a dedicated residents’ lounge that opens onto the lush gardens. Garden areas will also have established fruit and vegetable plantings for the benefit of Park Shore residents.

The entire development has been designed as a pet and bicycle friendly site, taking advantage of the level stroll to the Broadwater, which connects to a number of walking paths, nearby beaches and swimming spots, parklands, restaurants and cafes.

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Enhancing the site’s first-class lifestyle destination is the convenience and amenity of both the Main Beach and Harbour Town retail and entertainment precincts only minutes by car.

The Sydney-based McDonald Industries, which was founded in 1974, has leveraged almost five decades of experience in the refurbishment and strata titling of the existing residential apartment buildings to bring Park Shore to the market.

The company has built, renovated and sold more than 7,000 apartments throughout inner city Sydney, Melbourne, Brisbane as well as Gold Coast, Townsville and Palm Cove.

“We’ve been renovating whole apartment blocks in Sydney and Queensland for over 50 years and Park Shore is among the most exciting developments we have undertaken in many years,” said Pope.

“This is a quality offering in one of the Gold Coast’s great locations that is timed perfectly for a market looking for project certainty as Park Shore apartments will be ready for residents to move in before the end of this year.”

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The development of Park Shore has also contributed to McDonald Industries’ sustainability initiatives. Since acquiring Sandy Point Resort in one line in June this year, the company has donated all 42 furniture packages within the resort to the northern New South Wales flood appeal, which is estimated to have helped more than 2,000 families in the flood affected area.

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Located at 41 Labrador Street, buyers can expect to move in by December, with the unique offering following the extensive refurbishment of the former Sandy Point Resort which was purchased by McDonald Industries in June this year.

Park Shore to welcome residents to Labrador’s Golden Mile by December

Following the $25 million record sale of the penthouse in Ode Double Bay, Top Spring Australia has announced the second biggest apartment sale in the luxury harbourside suburb.

Sub-penthouse 403 has sold through 1st City Projects principles Brad Caldwell-Eyles and Julian Hasemer for just shy of $17.5 million. The apartment has over 300 sqm of internal living space and a further 62 sqm of external space.

<img alt="Render of the Double Bay project, Ode" data-entity-type="file" data-entity-uuid="19fda918-5dc5-48dd-b15e-4794a7409996" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/21187_101_HR.jpg?VersionId=kQuVzFD76Woup_XY._1evst8_yP_AGsR" />

“The purchaser sought a premium, large-scale residence with village convenience and northerly harbour outlook as they downsize from their current inner-west home,"&nbsp;Caldwell-Eyles said.

"Well-travelled, Ode, Double Bay offered the ideal mix of European design with the best of Sydney lifestyle." 
&nbsp; 
As part of Top Spring Australia’s post exchange service, buyers also have the opportunity to engage with the interior design team through a one-on-one consultation experience.&nbsp; 
&nbsp; 
The sub-penthouse buyer has already nominated to include marble sinks and vanities that are a key feature of the powder rooms into each of the bathrooms.&nbsp;They will also have the ability to select home appliances from their own preferred supplier. 
&nbsp; 
Construction is set to begin in the early stages of 2023 on Ode, with a proposed completion date of Q1 2025.

Occupying a prominent corner site at 19-27 Cross Street, and featuring architecture by the celebrated Luigi Rosselli, Ode, Double Bay is a mix of European refinement, artisan interiors and the ultimate Eastern Suburbs lifestyle.

Residents will also benefit from the spat of high end retailers finding home across the ground floor plane of the development, which will link directly to a proposed public plaza with street level dining, cafes and bars.&nbsp;

Christian Verges and Anthony Moustacas of Double Bay café Indigo bought the first two ground floor spaces for $10.1 million, with the duo set to celebrate 20 years in business by relocating their cafe across the street when the development is complete in 2025.

<img alt="Render of the Double Bay project, Ode" data-entity-type="file" data-entity-uuid="55f75516-3d36-4706-ae94-e0e661259c59" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/21187_102_HR.jpg?VersionId=A9b08PfLPqDCyg6uNKL_thibPeoS8df_" />

“Verges and Moustacas are super excited to be a part of Double Bay’s premiere project and take Double Bay dining to a new level," Caldwell-Eyles added.

The Glebe-based restaurant Carte will open its second premises from Ode, securing the third 137 sqm retail space for $5.7 million.

Ode, Double Bay residents will enjoy exclusive offers, including free dining gift vouchers, exclusive fine dining experiences at home with Carte’s chef, access to invite- only events and previews, free art classes and discounts on artworks.

Top Spring secure Double Bay's second most expensive apartment at Ode Double Bay

The decision to buy the site of Geelong Quarter at 44 Ryrie Street back in 2017 was flagged as crazy by many, with Franze Developments Founder, Paul Franze, labelled “mad” even.&nbsp;

Now with 111 out of 124 apartments sold, including all 15 luxury residences, in the group’s twin-tower Geelong Quarter project, Franze has silenced the critics.&nbsp;

"If I remember back in 2017 when we were first offered the site. We had no idea at the time it would lead to us building the 1st Hotel in the city for some 20 plus years and the biggest private and largest mixed-use development in Geelong. Yet we had vision and we saw how Geelong was growing fast," Franze said.&nbsp;&nbsp;

The group also secured British hotel giant IHG Hotels &amp; Resorts and its Holiday Inn brand as the operator for the project’s 180-room hotel, the first new accommodation offering in the city for over 20 years.&nbsp;

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It’s been a long five years, with a pandemic in between, with the 15-level project topping out last month.&nbsp;

On the site of a former bus depot, the $200 million project has paved the way for developers, realising the potential of the state’s second city, which is only set to continue to develop.&nbsp;

As one of the biggest private sector developments in the bayside city, Geelong Quarter has launched a renaissance in the area, with the momentum of buyers looking to live outside the CBD only growing.

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Geelong’s proximity to some of the best surf beaches in the world, not to mention being home to a resurgent Geelong Cats team, have all added further gloss to the booming regional centre, Franze said.

“More than five million visitors come to Geelong annually, 45 per cent of which are overnight stays. The strong owner-occupier market, combined with the population boom, means there’s demand to cater for visitors to the city, as well as residents and workers. The Geelong Quarter has been designed with this in mind, to cultivate significant activity that will add incredible value to the city." he said.

Both the apartments and the hotel will further embed Geelong’s rising status, with the population expected to increase by 124,000 between now and 2041, along with being a popular tourist destination.&nbsp;

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On the residential side, plans by the City of Greater Geelong to quadruple the Geelong CBD residential population to more than 10,000 by 2030 is expected to drive demand for around 2500 apartments, while its liveability status has only been enhanced by the work-from-home trend.

Deputy Mayor Trent Sullivan said Central Geelong’s population is growing faster than the broader municipality.

“Geelong Quarter will not only attract new residents, but also lift the standard of accommodation for visitors keen to explore the city,” he said.&nbsp;

“This development is a great indication of the level of activity and investment the area is experiencing, as more people learn why Central Geelong is an attractive place to live, work and socialise.”

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Further tipping the scales in the move to Geelong comes with the Port of Geelong, which will soon be the sailing point for the Spirit of Tasmania, as well as the $140 million redevelopment of the Geelong Arts Centre, which is situated across the road from Geelong Quarter.&nbsp;

The Franze vision was to create a new gateway site at the south-western end of Ryrie Street, but also create a new link between the CBD, the cultural precinct and the bay.

"I suppose in life nothing comes easy and this development is a true reflection of this, we initially set out on developing a hotel, office and mixed use development, then Covid hit and we quickly realised that trying to development and spec 9000 sqm office building with no tenants was going to be a monumental task, so we &nbsp;altered our direction and subsequent permit to what you see here today, the largest mixed use development in Geelong,” Franze said.

Residents of the apartments in Geelong Quarter can expect to move in before the year’s out, while the hotel is expected to open its doors by late January.&nbsp;

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The final collection of residences in Geelong Quarter are currently selling, with only 13 remaining in Ryrie Home.

Ryr​ie Home features a collection of 109 one, two and three-bedroom apartments that benefit from a Rooftop Residents terrace with BBQ and northern bay views.&nbsp;

Residents will also benefit from room service, housekeeping, a swimming pool, business centre, flexible meeting, and function spaces, all atop the newly built hotel.&nbsp;

RPM Sales Director, Nic Cuni, said he had been fielding a flurry of enquiries post the final siren.&nbsp;

"There's been a number of calls from people who had been flirting with the idea of buying an apartment at Ryrie Home. With only 13 apartments remaining and all larger owner-occupier north facing, I'm expecting the footy hype will flow over into solid deals."

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Geelong Quarter's Ryrie Home nears sell-out as completion approaches

The final release of apartments has launched to the market at Golden Age’s Glen Waverly project, Sky Garden.

Built atop The Glen, which has undergone a $500 million redevelopment, Sky Garden offers 536 apartments across three buildings, designed in collaboration with multi-award-winning architects, Rothelowman, with the interiors by DKO Architecture.

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The final release launched to the market includes a mix of one, two and three-bedroom apartments, created to suit a range of lifestyles and types, from growing families to downsizers and single professionals, with the one-bedders already sold out.&nbsp;

A relaxed sense of luxury fills every space, with seamless connections to the private gardens outside, along with panoramic views from the Dandenong Ranges to the Melbourne city skyline.

Set above the residences, a 4,000 sqm outdoor podium garden designed by Aspect Studios is unlike anything else in Australia, comparable in size to an inner-city botanic garden.

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Residents will also benefit from a suite of resort-style amenities, including a relaxation zone, entertainment lounges, barbecue facilities, vegetable gardens, a designated children's play area, and outdoor fitness areas.&nbsp;

Sky Garden is also home to a fully-equipped gym, a luxe pool, designed to bask in natural light, an open plan yoga studio, a steam room, mah-jong room, a library, with a private lounge and fireplace, as well as two private function rooms, complete with kitchens, along with barbecue facilities on the adjoining terrace.

[smartcode_project_cta:default project_id=2881]

Set above the residences, a 4,000 sqm outdoor podium garden designed by Aspect Studios is unlike anything else in Australia, comparable in size to an inner-city botanic garden.

Golden Age launch final apartments in Sky Garden, Glen Waverley apartment development

Sekisui House Australia has just launched a new series within the group’s masterplanned West End precinct, West Village.

Located within the recently launched Allere Collection residences, the Sustainability Series offers a considered and sustainable lifestyle with prices starting from $485,000*.&nbsp;

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The residences include sustainable features such as hardwood or recycled timber benches, exposed joinery, partially exposed ceilings, select environmentally preferred timber-look flooring, and induction cooktops.

The Allere Collection residents have the benefit of double the amenity with two shared rooftop spaces, where incredible pools, spas, off-leash dog space ‘Paw Pavilion’, and sunset views await.

While the residences within the Sustainability Series don’t come with a car space, residents will have access to two Tesla vehicles to accommodate, in partnership with OhmieGo - although who needs a car when West End achieves a walk score of 99/100.

Situated in arguably one of Brisbane’s most forward thinking and sustainable developments, the new release compliments Sekisui’s vision for the already green precinct.&nbsp;

[smartcode_project:default project_id=114215 project_image_fid=205973]

The Six Star Green Star Community, which is Australia’s highest rating for a master planned precinct, boasts a number of sustainable and environmentally friendly practices, including an onsite grey water treatment plant. The grey water (from laundries and showers) is sourced from two of the precinct’s residential buildings, with the treated water then used to irrigate gardens and for flushing toilets in the retail centre.

Food waste measures are also in place across the site, with up to 85 percent of the food waste from the precinct reused or composted.&nbsp;

West Village dining outlets are also encouraged to use take away packaging which can be composted or recycled, with the food waste and compostable packaging from West Village stores and dining outlets then collected and processed through the onsite organic waste pulping system. The Pulpmaster Australia system converts organic materials into soils and fertilisers, minimising the use of water and power during the process.

[smartcode_project:default project_id=114215 project_image_fid=205972]

The precinct will also have the ability to generate some of its own energy from the sun, with a 23.5 kW solar power system on the roof of The Eaves building near The Common providing some of the power to light the public spaces, while solar panels on residential buildings provide power to shared building services.

In an urban environment like Brisbane, a “heat island” can be created when materials such as bitumen and concrete absorb and hold the sun’s heat rather than reflect it. To counteract the heat island effect at West Village, around half the site plan is covered with materials which reflect heat, water features or green spaces. Around 100 mature trees and more than 15,000 plants are growing at West Village.

Public bike racks have also been located in several locations at West Village with 1600 set to be available on completion of the project. Four electric vehicle charging stations and a GoGet car share service are located on Basement 1 in the public West Village carpark, which boasts 420 public car parks.

[smartcode_project:default project_id=114215 project_image_fid=204847]

It's flaura and fauna at West Village.&nbsp;

The Richmond Birdwing Butterfly Vine, species Pararistolochia praevenosa, is grown in several locations at West Village, with the vine being the natural food source for the Richmond Birdwing butterfly, species Ornithoptera richmondia.

The Richmond Birdwing is the largest subtropical Australian butterfly and now unfortunately a vulnerable species. The idea behind growing the Butterfly Vine at West Village is to help increase the population of the butterfly.

West Village is also home to up to seven bee hives, including native stingless bees and European honey bees. The bees help to pollinate the 3,000 native plants at West Village, while playing a role in supporting biodiversity (lots of different types of plants, animals and micro-organisms) in the direct local urban environment.

West Village partners with Brisbane social enterprise group Bee One Third, with their apiarists (bee keepers) utilising traditional beekeeping methods to care for the bee population within the precinct.

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Forming part of the Allere Collection, the Sustainability Series will deliver just 12 pared back, humble and flexible residences, with prices starting from $485,000*. 

Sekisui go green with Sustainability Series in Allere, West Village project

Boutique property developers DibCorp have recently released their City View Collection in Bide Newstead. With construction underway, Bide Newstead is set to deliver 89 residences for completion in late 2023.

Atlantis Property Group Director, Fraser Byrne, said construction has been tracking well, despite the continuing building sector struggles.&nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163974]

“LPS Group has been powering through the basement dig and the basement pour has just commenced,” Byrne said.

Over 85 per cent of the apartments have already been sold in Bide, with stock uptake heavily weighted towards local owner occupiers. Byrne says however there have been a number of interstate purchasers, who intend to move from the south to the Sunshine state.

There has also been a few investors securing apartments in the contemporary block.

The number of new apartment project launches have significantly diminished in 2022, with many developers holding back projects until the interest rate hikes slow and both labour and material costs become more reasonable.

[smartcode_project:default project_id=102309 project_image_fid=163971]

Bryne said it’s in times like these where it’s important for buyers to put their trust in builder/developers who can get projects out of the ground.&nbsp;

“In the current climate, launching a project is one thing, but actually being under construction is another,” Byrne said.

“To have a project in Newstead that has the surety of being in construction with a completion date in site, gives buyers a lot of comfort.”

Located just three kilometres from the Brisbane CBD, the dress circle address, and the overall designs and landscaping by Twohill &amp; James, Wiltshire Stevens Architecture and Lat27 add to Bide’s continuing success.&nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163977]

With the project titled from the verb meaning to dwell or reside, the building design has been considered from the inside out, ensuring all of the elements to a balanced home can be achieved to each skyhome.

The Newstead address grants breathtaking city views, while perfectly framed floor-to-ceiling windows allow natural light to spill into every aspect of the homes.

Wellness is a paramount element of Bide Newstead’s design, with its amenity offering further emphasising the importance of lifestyle for all residents.

Bide offers a 600 sqm lush garden, across two storeys, an urban green space dedicated to wellness and entertainment.

[smartcode_project:default project_id=102309 project_image_fid=163984]

With barbecue facilities, private cabanas, landscaped gardens perfect for enjoying the open air, and seating areas for entertaining or even to be used as a workspace.

[smartcode_project_cta:default project_id=102309]

The number of new apartment project launches have significantly diminished in 2022, with many developers holding back projects until the interest rate hikes slow and both labour and material costs become more reasonable.

Bide Newstead begins to take form with construction well underway

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>

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&nbsp;

Alison Warters

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