Located in one of Melbourne's most exclusive conclaves, Rose St Quarter arrives to the highly sought after pocket of Ivanhoe, that has remained tucked away for over a century.

Conceived and delivered by a team led by KM Develop, with architecture and interior design by Ewert Leaf and landscapes designed by John Patrick Landscape Architects, the residential project has been inspired by the leafy surrounds of the suburb's elite Fairy Hills precinct.&nbsp;

[smartcode_project:default project_id=109831 project_image_fid=197206]

Presenting a collection of 31 residences, Rose St Quarter's terraces cascade with greenery combined with natural materials in the built form, establishing a gentle architectural presence embedded in the streetscape.&nbsp;

The classic horizontal form of the facade is articulated by varying extrusions and recesses, bringing a range of secluded, private spaces to the John Patrick-designed garden.

Nearby to an array of parks and gardens and established green streets, the one, two and three-bedroom apartments offer all the benefits of a premium, hillside corner location, with unobstructed north and west city views, along with easy accessibility to nearby amenity.

[smartcode_project:default project_id=109831 project_image_fid=205270]

An abundance of natural sunlight showcases the colour palettes which have been curated to complement the integration of indoor and outdoor living spaces.

Buyers can select between a range of floorplans, with each apartment adjoining to a private courtyard or balcony, encased in verdant landscaping.&nbsp;

The upper level features three expansive three-bedroom apartments, each enjoying dual aspects and large windows, while a well-sized two-bedroom apartment also features dual aspects along with Crepe Myrtle trees in a private terrace.&nbsp;

[smartcode_project:default project_id=109831 project_image_fid=197208]

A suite of residential amenities are also incorporated in the building, including a car wash, electric vehicle charging, integrated parcel delivery system as well as extra storage.

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Presenting a collection of 31 residences, Rose St Quarter's terraces cascade with greenery combined with natural materials in the built form, establishing a gentle architectural presence embedded in the streetscape. 

alisonwarters@gmail.com

A look into the Ivanhoe apartments, Rose St Quarter 

Marking the third and final apartment building in Mirvac’s master planned Tullamore precinct, FORME is inspired by the natural elements with a collection of one and two-bedroom apartments.&nbsp;

For a limited time, through Mirvac’s exclusive management agency, Real Estate Services by Mirvac, secure a five percent rental guarantee when you purchase one of the final two-bedroom FORME residences*.&nbsp;

This exclusive offer is only available to the first three eligible buyers, before October 31, with prices for a two-bedder starting from $630,000.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163036]

Crafted with natural details and a timeless sophistication, FORME'S generous two-bedroom residences feature large kitchens, light-filled living and dining areas and spacious balconies, which take in the surrounding leafy views.

Spanning from 83 sqm to 104 sqm, the remaining two-bedroom apartments feature an open plan design, with the kitchens featuring reconstituted stone benchtops, brushed platinum tapware, fluted glass cabinetry and Miele appliances.

[smartcode_project:default project_id=100322 project_image_fid=163024]

Full height, double glazed windows, and sliding doors seamlessly connect the indoors to the out, whilst also providing ample light into each of the homes.&nbsp;

With the prestigious Tullamore community nearing completion, don't miss your opportunity to secure one of the final FORME residences and enjoy the convenience of unrivalled amenity and open green space at your doorstep.&nbsp;&nbsp;

Set in an architectural landmark once known as the Elephant House - which was built to house prized racehorses - the Stables Provedore Cafe offers a local destination for FORME residents to meet, eat and relax amidst the tranquil grounds of Tullamore, while the Next Gen Health and Lifestyle Club delivers a full suite of studio classes, indoor and outdoor pools, a spa and tennis courts.

[smartcode_project:default project_id=100322 project_image_fid=163030]

Inside FORME, residents will be greeted with a striking double-height entrance and sculptured artwork by acclaimed artist Anna-Wili Highfield, along with&nbsp;a resident's lounge and dining room, complete with a kitchen and garden terrace.&nbsp;

Additional lounges are located on levels two and four, which also include sculptured artworks by Highfield, along with double height ceilings.&nbsp;

*Terms and conditions apply

[smartcode_project_cta:default project_id=100322]

Crafted with natural details and a timeless sophistication, FORME'S generous two-bedroom residences feature large kitchens, light-filled living and dining areas and spacious balconies, which take in the surrounding leafy views.

FORME's final two-bed apartments offering buyers five per cent rental guarantee

As quality living spaces become more sought after, Crown have taken to rejigging their debut Brisbane apartment project, lodging an updated set of plans to the local council.&nbsp;

The initial plans were scrapped off the back of community feedback, with Crown then engaging renowned Japanese architect, Kengo Kuma to design the new project, in addition to local architects, Plus.

<img alt="Render of the proposed West End development" data-entity-type="file" data-entity-uuid="2d91b4e3-36a8-41ae-8d9e-319e6818cea1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.43.57%20pm.png?VersionId=1eQcQ6JkxtSTp8AYSbX2.WPI3HncjVbT" />Render of the proposed river-fronting West End development by Crown.&nbsp;

Crown and Kuma have previously collaborated, at Crown’s Sydney Waterloo development, Mastery by Crown.

The re-lodged plans for the 1.25 hectare site at 117 Victoria St incorporate designs for 473 apartments, with the group increasing apartment numbers from 455.&nbsp;

The plans say the design of the West End project began by asking what is the spatial quality to be sought after in this new paradigm of living.&nbsp;

“In answering this question, the goal of the project has been set to create a strong connection to the immediate outdoors, to the neighbourhood, and to the surrounding natural landscape," the design submission read.

The $500 million riverfront project will deliver four 12-storey residential towers, with a mix of 126 one-bedroom apartments, 225 two-bedroom apartments, 111 three-bedroom, and 11 four-bedroom apartments.&nbsp;

<img alt="Render of the proposed amenity offering in the West End development" data-entity-type="file" data-entity-uuid="248c93af-1490-4e26-b5ce-fe8b37862672" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%204.43.50%20pm.png?VersionId=arSn45fY57c2QEGAJpF3kihDjGI89mi4" />Render of the proposed amenity offering in the West End development

"Located on a riverfront in the West End district, the project is privileged with the beautiful natural environment of the site, with the ambition of the design not only to connect the residents to the riverfront, but also to bring together the landscape, the residents, and the greater West End community," the statement read.

"The central park, defined by the orientation of the four towers, connects residents to the river physically and sensually, with the area scattered with places to sit and relax."

The communal ground floor space separates each of the towers, with the area also set to include a lagoon-style pool, outdoor lounge areas and nature play zones.&nbsp;

Crowning building’s one and four will also be additional communal recreation space, with rooftop pools, entertainment decks, indoor gyms and lounge and dining areas.&nbsp;

[smartcode_project_cta:default project_id=8572]

The initial plans were scrapped off the back of community feedback, with Crown then engaging renowned Japanese architect Kengo Kuma

Crown update plans for debut Brisbane development

It was another month where units outperformed houses across Sydney, Melbourne and Brisbane.

The Sydney unit market was one of the worst affected across September, according to CoreLogic, down -1.0 per cent. However the housing market has been fairing considerably worse during the downturn.

Sydney houses contracted -2.1 per cent, more than double the losses seen in units (which incorporates both apartments and townhouses). It's unsurprising for Sydney to scale back more than any other state due to the heightened cost of its real estate in comparison to other capitals.

[smartcode_project:default project_id=22748 project_image_fid=204929]

Sydney units are now back -2.6 per cent on the quarter and -3.3 percent on the year, with houses back -7.0&nbsp;per cent on the quarter and -9.2 per cent&nbsp;on the year.

It's a similar story in Melbourne, where units contracted -0.8 percent in September. Houses went backwards -1.2 per cent in comparison.

Melbourne's median unit value is now $603,276, down -2.6 per cent for the quarter and -3.3 per cent for the year. Houses are down -6.2 per cent down for the year.

[smartcode_project:default project_id=110367 project_image_fid=199206]

The biggest divergence between the house and unit market was in Brisbane, where units declined -0.1 per cent and houses -2 per cent.

Brisbane's units are still up 8.7 per cent over 2022, with the median unit value still just over $501,000. Houses are up 3.7 per cent, but the rolling quarter has seen values fall back -5.1 per cent.

[smartcode_project:default project_id=102309 project_image_fid=163978]

While the wider property market downturn in September wasn't as significant as it was in August, CoreLogic Research Director Tim Lawless said it is probably too early to suggest the housing market has moved through the worst of the downturn.&nbsp;

“It’s possible we have seen the initial shock of a rapid rise in interest rates pass through the market and most borrowers and prospective home buyers have now ‘priced in’ further rate hikes. However, if interest rates continue to rise as rapidly as they have since May, we could see the rate of decline in housing values accelerate once again,” Lawless said.

While the values continue to fall across the country, it’s suggested they would need to fall at least a further 14 percent before wiping out the gains of the recent growth cycle.&nbsp;

The reduction in the rate of decline came alongside an improvement in other indicators, with &nbsp;the flow of fresh listings continue to slide through the first month of spring, which is uncommon for this time of the year.

There was further good news for investors, with the&nbsp;national rental index increasing by 0.6 percent in September. The growth in rents however has been in a slowing pattern, which has been surprising given tightening&nbsp;rental vacancy rates across the country in recent months.

“A gradual slowdown in rental growth in the face of such low vacancy rates could be an early sign that renters are reaching an affordability ceiling,” Lawless added.

As rents continue to rise and dwelling values generally trend lower, gross rental yields remain on a rapid upwards trajectory. Capital city gross yields (3.36 percent) are now at the highest level since January 2021 after rising 40 basis points from the February 2022 record low. This was largely led by a 55 basis point rise in unit yields, while house yields rose by 23 basis points.&nbsp;

Units outperform houses in nation’s three largest capital city markets: CoreLogic  

While sitting just seven kilometres from the Melbourne CBD, Windsor has still maintained its quiet suburban charm.

Bordered to the north by Prahran along with St Kilda to the south, Windsor has access to all the inner-city has to offer, whilst still enjoying the peace and quiet of the suburbs, with a number of parks and green open spaces scattered around.&nbsp;

[smartcode_project:default project_id=3575 project_image_fid=201762]

A growing number of independent retailers, bars, restaurants and cafes have made a home in the leafy suburb, many of which can be found along Punt Road, known to locals as Little Windsor on Punt.&nbsp;

Windsor is also home to the famous shopping mecca of Chapel Street, which runs through the suburb, providing residents with an array of upscale boutiques, theatres and music venues.&nbsp;

The streets of Windsor are lined with a diverse range of housing, from Victorian-style terrace homes, to semi-detached cottages, as well as the ever-increasing apartment building.&nbsp;

[smartcode_project:default project_id=3575 project_image_fid=201758]

CV Windsor is the latest residential project to join the ranks, dipping into the potentials of the pocket of suburbia.&nbsp;

The project offers a completed and ready to move-in option for the area, comprising a mix of one, two, three and four-bedroom apartments.

While the well-connected site sits among traffic-heavy areas, CV Windsor has been designed as a sanctuary amongst the hustle and bustle.

Designed by deciBel Architecture, CV Windsor’s built form comprises a concrete structure, which helps reduce the impact of sound, with complex geometry driving its design.

[smartcode_project:default project_id=3575 project_image_fid=201752]

Just moments from the doorstep of the building sits near Prahran Railway Station and tram number 6 on the nearby High Street, along with being just a short walk to all the tram options on St Kilda Rd, providing connectivity to the greater Melbourne region.&nbsp;

[smartcode_project_cta:default project_id=3575]

CV Windsor is the latest residential project to join the ranks, dipping into the potentials of the pocket of suburbia. 


Around the ready to move in apartments, CV Windsor 

The first development of Soheil Abedian following the closure of Sunland Group has been granted approval.

Abedian's new Abedian &amp; Co venture will be developing Peerless in Mermaid Beach, not far from Sunland's successful 272 Hedges Ave which was recently completed.

The approval comes just four months after the plans for Peerless were filed with the Gold Coast City Council.

The project site at 35-41 Peerless Avenue will sit next door to the recently completed Bela by Mosaic.

<img alt="Render of the Mermaid Beach project" data-entity-type="file" data-entity-uuid="edec96ac-459a-4ee1-a9e1-325a113a13f7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/screen_shot_2022-06-22_at_3.39.49_am.jpeg?VersionId=OOAF7YI4Qh.ne2DV3d9GoVD2aaMmZv5D" />

Gold Coast-based Spatium Architects designed the plans for the 124-metre high tower, which focuses on the owner-occupier, dominated by a suite of three-bedroom apartments.&nbsp;

There will be 103 apartments in total, 44 two-beds which start at a generous 117 sqm internal living space and a further 11 sqm balcony.

Some 64 three-bed apartments are planned, which will start from nearly 200 sqm internally and have nearly 20 sqm balcony space. The sub-penthouse three-beds will span half a floor.

There will be a sole four-bedroom apartment, the sprawling rooftop penthouse, which will span over 400 sqm of living space and a further 280 sqm of outdoor area which will feature its own lawn.

A landscaped elevated podium will round out the recreational offering within the tower, featuring a 25 metre lap pool with a lagoon and inpool and spa, poolside garden pods, a garden barbecue terrace with lounge seating, a gym, a yoga room and a yoga lawn, along with two saunas and a steam room.&nbsp;

Away from the pool will also be a private bar and dining room with a green roof, which can be booked out by residents, along with further work from home space, provided in the form of a lounge with a library and meeting room.

<img alt="Render of the Mermaid Beach project" data-entity-type="file" data-entity-uuid="704db858-2d97-4591-a278-6c6b30c4d6ca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/screen_shot_2022-06-22_at_3.39.44_am.jpg?VersionId=LMw8atbslJObUKjiXw5iblHljOfW3Zy7" />

It is proposed the development will become a landmark building along the southern high rise fringe, with the site maintaining high visual exposure from the Gold Coast Highway and Hedges Avenue.

"The vision for this development is simple in the desire to create a carefully crafted residential project which not only provides a beautiful living environment for the residents, but also pays respect to the community in the way it integrates with its street context and the city skyline," Spatium noted in the development application.

They said that all apartments are generously sized to provide genuinely liveable spaces and that the unit mix, rather than being focused solely on high income earners, provides well designed homes for a large cross section of the community in the form of two, three and four-bedroom apartments.

[smartcode_project_cta:default project_id=113185]

Abedian gets sign off for Mermaid Beach apartment project, Peerless 

Veteran Gold Coast apartment developer David Devine is making his Esplanade, Miami apartment development larger.

He's scrapped plans for the sold-out $105 million Alba Residences, on the border of Miami and Burleigh, after buying the site next door. Now he's planning for a $400 million apartment tower designed by the renowned architecture firm Koichi Takada.

There will be 100 apartments planned for the 24-level tower, now on a 2024 sqm site across 264 and 266 Esplanade.

The project will now be known as Burly, and will also feature improved&nbsp;amenities for residents on the lower levels.

<img alt="The Burly" data-entity-type="file" data-entity-uuid="e639f3ec-623a-48e6-87f2-44b8414ff818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.04.14%20am.png?VersionId=qEKIApg3sj1LnuSmob9nHwLER6cR4uY5" />

In the statement submitted to the Gold Coast City Council, Takada noted that Burly&nbsp;is inspired by the waves crashing against the beach directly across the road.&nbsp;

"With a fluid silhouette and dynamic facade, the building is designed to read from the street as a series of staggered wavelike forms floating above a more solid, grounded base," the report read.&nbsp;

"The building is located on an amalgamated site with a wide 40 metre frontage, affording the opportunity to position the development with generous setbacks to the side boundaries and still provide residents with extensive, lush landscaped areas and well-proportioned residential spaces.

<img alt="The Burly tower" data-entity-type="file" data-entity-uuid="c753ec72-4117-4c44-ba4f-852633c1c811" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-05%20at%2010.04.19%20am.png?VersionId=zxwGVQgDuoTCDgxupSl4pUZPw1kFpFZc" />

"A series of operable screens spanning the length of the sides allow occupants to control privacy and shading, while creating a dynamic, layered facade.&nbsp;

Apartment layouts will also be oriented to maximise views and natural light from the living areas. Uniquely, the size of the site is such that it allows all apartments, including those at the rear, to capture the distant views from their living areas and balconies.&nbsp;

The plans for Burly doubles DD Living’s development portfolio on the Gold Coast to $800 million after the company kicked off construction of its $400 million Royale Gold Coast in Surfers Paradise in August.

There will be 100 apartments planned for the 24-level tower, now on a 2024 sqm site across 264 and 266 Esplanade.

David Devine lodges new North Burleigh apartment plans 

Sydney-based developers, Billbergia and architects SJB will once again team up, forming part of the Rhodes East Master Plan.

Billbergia and SJB previously collaborated on the transformation of Rhodes from an industrial peninsula into a fully regenerated suburb, in a bid by the State Government to transform obsolete industrial lands on the shores of the Parramatta River adjacent to Homebush Bay Olympic Park.

Master planned in 2005 by SJB, the first stages of work wrapped up this year, with Billbergia and SJB now taking to 25-27 Leeds Street to expand on the long-term regeneration of the greater Rhodes area.

<img alt="Render of the Rhodes East development " data-entity-type="file" data-entity-uuid="9c3242ea-811c-468c-9cff-bb27f2662829" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.06.14%20am.png?VersionId=lMIg0qRuP40dwynqJA9qb2TKm2dlrolO" />

Managing Director, John Kinsella said the project will breathe new life into the Parramatta River foreshore, making it not only greener and more attractive but more accessible as well.&nbsp;

“The project will deliver 6,000 sqm of public open space, including a retail and dining precinct and will open up the waterfront promenade with an interactive river edge for the community to enjoy,” Kinsella.

Unique designs by a collaborative team of SJB and Land Form Studio were chosen from a design competition, with a jury comprising representatives from City of Canada Bay Council, NSW Government Architect’s and Nation Architects. 
&nbsp; 
SJB’s Director, Nick Hatzi said the group had a long-running connection with Rhodes, having completed the first Master Plan for the regeneration of the suburb in 2005.&nbsp;

“We’ve delivered many mixed-use buildings in the area including most recently Rhodes Central by Billbergia which forms the retail heart of the suburb,” Hatzi said.

<img alt="Render of the proposed Rhodes East development " data-entity-type="file" data-entity-uuid="dc4f15b4-bafa-41c0-b377-1b9d5e8ad242" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.06.53%20am.png?VersionId=TDJvc1Ulqn_g0f51AMlFpegwdhGrHwKw" />

“Our proposal for Leeds Street opens up new connections to the water and reflects SJB’s approach to permeable and civic-centric mixed-use development.”&nbsp;

“Being the first development under the master plan - we hope this precinct sets a high benchmark for the incoming community,” he added.&nbsp;

A collection of varying scaled buildings will be constructed across the site, with a defined podium of a singular material and lighter-coloured concrete forms.&nbsp;

Land and Form Director, Ro Iyer said the public domain will embrace the unique geographical setting and confluence of where the Parramatta River meets Rhodes.&nbsp;

“The foreshore design represents this transition from natural to urban, creating an iconic destination that looks to restore and enhance important ecological assets and allow people to actively engage with the Parramatta River, setting a high-quality precedent for the Rhodes East Precinct,” Iyer said.&nbsp;

At the site’s juncture, there are a number of key interfaces - the foreshore to the north, the historic bridge to the west, the transitioning industrial context to the east, and a proposed public school and grounds to the south.&nbsp;

<img alt="Render of the proposed Rhodes East development " data-entity-type="file" data-entity-uuid="6b5ed3af-5940-4173-b555-d12346277096" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-10-04%20at%2011.06.23%20am.png?VersionId=6HUOxdMWjiI3jTYs0sYqF1hOw6f3WAa6" />

Building layouts are optimised towards the views and orientated for solar access, with internal facing courtyard apartments also receiving glimpses through the building gaps towards the river ensuring at least 85 percent of the apartments have desired outlooks.

“This project will reimagine the Rhodes waterfront and forms a critical piece in the NSW Government's rejuvenation of the Parramatta River waterfront from Sydney Opera House to Parramatta Park,” said Kinsella.

Managing Director, John Kinsella said the project will breathe new life into the Parramatta River foreshore, making it not only greener and more attractive but more accessible as well. 

SJB win design for Billbergia's Rhodes mixed-use development 

Brisbane-based, Tallis Property Group has marked themselves as an evolving, fast growing, dynamic property investment and property development company.

Since their inception, the group has strung together a rather impressive portfolio, paying particular attention to the greater Brisbane region. &nbsp;

[smartcode_project:default project_id=27815 project_image_fid=204009]

Akin is Tallis’ first South Brisbane project, with the group having already made a name for themselves in Indooroopilly with Grace and Oppo, along with projects’, Mare in Rose Bay, Kurilpa in West End, Ilmondo in Kangaroo Point, Vision in Upper Mt Gravet and Clinque in Gordon.

Positioned to take in all the burgeoning South Bank area has to offer, Akin delivers a collection of one, two, three, and four-bedroom apartments, along with a selection of sub penthouses and penthouses, boasting world-class design with intuitively integrated smart home functionality.

Soaring 30-storeys above one of Brisbane’s most sought-after precincts, the Merivale Street site straddles the edge of West End and South Bank, with Tallis Property Group&nbsp;saying there are many different aspects that set it apart from other Brisbane developments.&nbsp;

[smartcode_project:default project_id=27815 project_image_fid=185114]

“Located in one of Brisbane’s most convenient and culturally diverse neighbourhoods, Akin introduces elevated apartment living to the ever-evolving Southbank precinct. With its convenience and carefully considered, future-forward design, Akin creates a seamless lifestyle for its residents,” the team said.&nbsp; 
&nbsp; 
For example, each residence at Akin can be linked to an optional private central hub, allowing residents to customise, personalise and coordinate their home from their choice of device.

Through use of number plate recognition technology, residents will enjoy seamless access to the car park, while keys become a thing of the past, with facial recognition to access the lobby, along with passcode entry providing seamless access to each apartment.&nbsp;

[smartcode_project:default project_id=27815 project_image_fid=203985] 
&nbsp; 
Customisations aren’t only included in the technological aspect at Akin.

Residents have the option to modify their homes to their liking, with many upgrade packages available.&nbsp; 
&nbsp; 
Akin also offers up a wide variety of options surrounding its resident’s wellbeing, boasting a huge health offering, including a gym, which is home to the latest world-class techno-gym equipment, along with a yoga facility, complete with mats and bolsters, a 22-metre resort pool, heated spa, and a steam room and sauna. &nbsp; 
&nbsp; 
Akin is also home to a cinema room, a business hub, as well as a wine cellar and a private dining room which can seat up to 40 guests. &nbsp;

[smartcode_project:default project_id=27815 project_image_fid=203986]&nbsp;

Tallis purchased the site for Akin back in 2014, with the group recognising the potential of the burgeoning area long before the renaissance started.&nbsp; 
&nbsp; 
“As South Brisbane was a desired area, the site has a lot to offer with everything being very accessible, via walking or a short drive.”&nbsp;

Owner-occupiers have flocked to the project, with a number of families, downsizers and young professionals taking up stock.&nbsp; 
&nbsp; 
Only a number of three and four-bedroom apartments remain in the $180 million South Brisbane development, which is slated for completion by 2023.&nbsp;

[smartcode_project:default project_id=27815 project_image_fid=205307]

Tallis has a number of projects in the pipeline, with a house and land development planned for Upper Coomera along with a build-to-rent development in Indooroopilly.&nbsp;

The group is also adding to its New South Wales portfolio with two residential developments planned for south of the border, with a&nbsp;collection of luxury apartments set for the exclusive eastern suburbs pocket of Rosebay, as well as an apartment development penned for the upper north shore in Roseville.

[smartcode_project_cta:default project_id=27815]

Since their inception, the group has strung together a rather impressive portfolio, paying particular attention to the greater Brisbane region.  

The developers behind the South Brisbane Akin residences

Construction has commenced on the South Perth project, One Richardson, with one of Perth’s leading multi-residential and mixed-use builders on the task, Emco.&nbsp;

Developed by Subiaco-based developers, Devwest, One Richardson will deliver a collection of 75 one, two and three-bedroom apartments, along with a series of two-storey penthouses.&nbsp;

[smartcode_project:default project_id=7809 project_image_fid=203882]

Over 50 per cent of the apartments have already sold in the project, which have been designed by MJA Studio.&nbsp;

Sitting atop a ground floor cafe, as well as a welcoming resident’s lobby, each apartment has been architecturally designed to suit a range of lifestyles and buyers.&nbsp;&nbsp;

The project also leverages on its enviable Swan River location.&nbsp;

Overlooking Richardson Park, One Richardson fronts an expansive public open space, which delivers not only park fronting apartments, but also creates uninterrupted river views, which are normally only attained in high rise developments, brimming with residences.&nbsp; &nbsp;

One Richardson offers a large range of leading sustainability initiatives to help reduce the development’s environmental footprint, including features such as solar energy to common areas, energy efficient lighting and appliances, water efficient tapware and fixtures, electric storage units, solar efficient glazing and more.

[smartcode_project:default project_id=7809 project_image_fid=203877]

Centrally located on the corner of Richardson Street and Melville Parade, One Richardson enjoys views to the Swan River, along with a residential communal area located on the third floor, complete with barbecue facilities and lush landscaping.&nbsp;

Devwest have taken to transforming the Perth property market, with a number of projects currently in the works and recently completed including, The Bradshaw Residences in Manning and the soon to be launched, Olive Street apartments, which will form part of the revitalisation of Subiaco.

[smartcode_project_cta:default project_id=7809]

Over 50 per cent of the apartments have already sold in the project, which have been designed by MJA Studio. 

Construction underway on South Perth apartments, One Richardson

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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Alison Warters

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