Gold Coast developers Aniko Group has achieved a near sell-out ahead of construction on their Hope Island project, 35 Grant Avenue, prompting the group to fast track construction within weeks.

The $58 million development achieved sales success before the official launch of the luxury waterfront project, driven by strong demand from local buyers looking to secure a position in one of the northern Gold Coast&rsquo;s most sought-after lifestyle suburb.

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Over 90 per cent of the total 58 townhouses and duplex villas have already been sold, achieving over $53 million in sales to date, with just five residences remaining &ndash; including two waterfront villas.

The $53 million in sales achieved by Aniko represent an average price of $1 million for 35 Grant Avenue, which Aniko Group Managing Director&nbsp;George Mastrocostas said highlights the continued strength of the market for quality residences at Hope Island.

&ldquo;35 Grant Avenue has appealed to a broad cross-section of buyers from singles, couples, families and retirees,&rdquo; Mastrocostas&nbsp;said.

&ldquo;All have been drawn by the waterfront lifestyle afforded by the location and the level of amenities we have included to elevate the residential offering.&rdquo;

[smartcode_project:default project_id=95316 project_image_fid=201429]

Prices for the remaining residences range from $875,000 for townhouses to $1.5 million for the waterfront villas which come with a private waterfront plunge pool.

&ldquo;35 Grant Avenue has been designed as a stand-out development for the Hope Island waterfront precinct by bringing a sense of space and proportion through the inclusion of extensive open areas on site.&rdquo;

Designed for resort-style living, the development will feature a range of state-of-the-art amenities for residents including a spacious pool area with sun-beds and outdoor showers, a communal herb garden, barbecue facilities and a fire pit.

Set in a gated community, featuring an expansive park precinct with meandering walkways and gardens, a number of the townhomes will connect directly to the community&rsquo;s central park and pool recreation areas.

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Also available is a select number of marina berths that provide bridge free access to the Gold Coast&rsquo;s aquatic playground of island waterways and the Broadwater, with access exclusive to the residents.

The latest development adds to the company&rsquo;s portfolio of projects at Hope Island, totalling more than $500 million over the last three years, with 35 Grant Avenue set to build on the company&rsquo;s three previous successful projects.

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Over 90 per cent of the total 58 townhouses and duplex villas have already been sold, achieving over $53 million in sales to date, with just five residences remaining – including two waterfront villas.



alisonwarters@gmail.com

Aniko Group fast track construction of 35 Grant Avenue as Hope Island project edges closer to sell-out

Located among the tree-lined streets of Claremont, The Terraces lands in the heart of Perth’s affluent western suburbs, where traditional, character homes sit side by side with modern architecture.

Perth property developers, Iris Residential have taken to the sought-after suburb, building something special that blends into its context.&nbsp;

Delivering a collection of one, two and three-bedroom apartments&nbsp;across a seven-storey building, the residences sit on the boundary of the historic Claremont Oval.

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With the suburb home to river vistas, leafy parklands and many of Perth’s most exclusive boutique retail outlets, it comes with a village atmosphere with a vibrant community, along with a range of high-quality amenities.

Claremont Train Station sits behind the site, providing links to neighbouring suburbs and the Perth CBD.

But for those looking to stay close to home, The Terraces fall within walking distance to a range of eateries, cafes, boutiques, and shopping options.

&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190181]

Residents of the north-facing apartments are within walking distance to Perth’s premium shopping and lifestyle destination, Claremont Quarter, which consists a large range of boutique brands and dining options, just 240 metres from The Terraces.

On the doorstep of The Terraces is Mart St Bakery and IGA, which is just a minute’s walk, while for those looking to get their exercise in, the Claremont project is surrounded by a wealth of fitness and recreational amenity.

Revo Fitness and Claremont Football Club find their home within Claremont Oval, while Claremont Lawn Tennis Club, Claremont Aquatic Centre and Lake Claremont Golf, all lie within 600 metres of The Terraces.

Stepping further out from The Terraces, the development is nestled amongst some of the Swan River’s neighbouring suburbs, which comes with it the nearby coastline.

[smartcode_project:default project_id=111894 project_image_fid=190185]

Are number of Perth’s most pristine beaches can be reached by car within 10-minutes, with Swanbourne Beach, Cottesloe Beach and Leighton Beach all nearby.

One, two and three-bedroom apartments can still be snapped up within the Perth project, before its offical public lunch.&nbsp;&nbsp;

[smartcode_project_cta: project_id=111894]

With the suburb home to river vistas, leafy parklands and many of Perth’s most exclusive boutique retail outlets, it comes with a village atmosphere with a vibrant community, along with a range of high-quality amenities.



 How Iris Residential’s The Terraces is offering the premium Claremont lifestyle 

Gold Coast builder and developer John Kearney, head of the well known local building firm Greyburn, has secured development approval for a seven-storey apartment project in the heart of Coolangatta.

Positioned within the highly sought after and quiet residential Kirra Hill pocket,&nbsp;the project will deliver beachside apartments, within walking distance of some of Coolangatta&rsquo;s most iconic beaches and best amenity on the Gold Coast.

Kearney, who has over 35 years of experience developing in the South-East Queensland region, said they were excited to deliver the project, which will come to a market that is in high demand. &nbsp;

&ldquo;Our team lives and breathes the Gold Coast so we want to position our projects in areas that inspire a great lifestyle,&rdquo; Kearney said.

Located on a prime corner site at 30 Garrick Street, just 350 metres from Coolangatta Beach, the project will deliver 40 two-bedroom apartments with an average size of 105 sqm.

All apartments will feature two bathrooms, in a range of floorplans, with smaller affordable options, to larger more spacious layouts with additional study areas.

High ceilings will provide natural light throughout, while considered interior designs encourage cross-ventilation.

&ldquo;30 Garrick Street is designed to suit a wide-range of buyers seeking a high-quality, well- designed apartment that offers a relaxed beachside, walk-to-wherever lifestyle,&rdquo; Kearney said.

&ldquo;Our plans for the project are founded on providing well designed high, quality residences close to the beach with a focus on highly usable floor plans,&rdquo; Kearney added.

&ldquo;Our design considers a wide sector of the market from downsizers wishing to stay within proximity to their existing detached dwellings to young couples seeking proximity to the beach and employment.

&ldquo;The position enables residents to park their car in the secure basement and walk to everything their lifestyle requires whether it be basking on the beach or walking the ocean way path until they need to stop and enjoy world class coffee and food. Not to forget the daily ritual of immersing in the Pacific Ocean.&rdquo;

Crowning the project will be a rooftop pool and barbecue area, complete with outdoor dining space and relaxation zones, encased in lush tropical greenery.

The ground floor will cater for modern apartment living with a surf shower, a secure parcel room, a function room, as well as work-from-home space.

Kearney&rsquo;s Greyburn has been able to navigate the challenges of the building industry of late, recently stepping up to complete construction of Fraser Property Group&rsquo;s $121 million master-planned community, Minnippi Quarter in Brisbane, following the collapse of Condev Constructions.

Greyburn portfolio includes a spat of successful residential and commercial projects in SEQ, including Palladium, comprising 39 double-storey townhouses at Hope Island, along with the ORO Apartments, which delivered a boutique collection of luxury apartments at Biggera Waters.

Kearney plans to officially launch 30 Garrick Street to the market in the coming months.

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Located on a prime corner site at 30 Garrick Street, just 350 metres from Coolangatta Beach, the project will deliver 40 two-bedroom apartments with a spacious average size of 105 sqm.



Greyburn gains approval for apartment development in the heart of Coolangatta 

Newcastle-based developers Stronach Property has received approval on their 166 apartment and townhome development, Sovereign Park.

According to the City of Newcastle, the project at 11-17 Mosbri Crescent, The Hill, will support the growing Newcastle population, which is set to grow from 41,150 residents to 202,050 by 2041, stimulating demand for almost 20,000 new dwellings.

Sovereign Park will offer a range of one, two and three-bedroom apartments, along with four-bedroom townhomes, designed by award winning Marchese Architects.

<img alt="" height="740" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mosbri_05d2_interior_garden_r2b_1.jpg" width="1200" /> 
Render inside one of the proposed apartments at Soverign Park. Credit: Marchese Architects.

Ranging from 55 sqm to 208 sqm, the spacious and light-filled residences are appointed with elegant and contemporary finishes and fixtures.

Crowning Sovereign Park will be a resident&rsquo;s recreation area, complete with a pool, lounges, and dining space.

Basking in expansive views over the Newcastle city skyline, the area will also home a garden pavilion, with outdoor dining space, an outdoor gym and private landscaped gardens by award winning landscape architects, Arcadia.

Sitting just a short walk to Darby Street and the East End of Newcastle, which is lined with boutique hotels, restaurants, bars and shopping, residents will be well connected to all the best Newcastle has to offer.

Newcastle&rsquo;s beaches and harbour foreshore are also an easy walk from Sovereign Park, located less than a kilometre away.

Stronach owner, Keith Stronach said interest in Sovereign Park has been very strong given the ideal location of the project.

&ldquo;The site is surrounded by some of Newcastle&rsquo;s most iconic landmarks including Darby Street, King Edward Park, the Bogey Hole, Memorial Walk and the much loved Obelisk. We are very excited with the development approval as we can start the revitalisation of the site and breathe fresh life into one of Newcastle&rsquo;s most sought after suburbs&rdquo;

The project is exclusively listed with Ed Crawford of Colliers, with the agent saying major urban renewal and regeneration driven by investment, from both the Government and private sector, has transformed inner Newcastle into one of the most attractive and desirable locations in Australia

&ldquo;The Newcastle inner city and CBD fringe market remains firm in the current market, with demand supported by strong relative affordability, a highly desirable lifestyle offering, and an attractive range of residential projects.&rdquo; Crawford said.

&ldquo;As the capital of the biggest regional economy in Australia, and only 90 minutes from Hornsby, Newcastle is the favoured destination for people exiting congested metropolitan locations or seeking work-from-home and work life balance,&rdquo; he added.

Sovereign Park will be the latest in the list of developments by Stronach Property, which was founded in 1923, adding to the completed Merewether Surf House, Arena Apartments on Newcastle Beach and the Herald Apartments in Newcastle East.

Sovereign Park will provide 166 new homes amidst housing supply crisis

Sovereign Park residential development given green light to support Newcastle’s growing community

Iris Residential have taken over the Perth property market, with three projects currently under construction.

The group are expecting buyers of their Amara City Gardens development to be ready to move into their new homes in Spring this year, with construction proceeding as planned.

[smartcode_project:default project_id=8266 project_image_fid=84910]

It is Amara City Garden’s unique location that truly sets it apart.

Not only are residents connected to shopping, dining and entertainment at Westfield Booragoon Shopping Centre, but they are also on the doorstep of medical services, major banks, Wireless Hill Park and Melville Aquatic Centre.

Residents are also steps away from Booragoon Bus Station linking to Bull Creek Train and Bus Interchange, providing quick and easy access to Perth CBD, Murdoch University and the world-class Fiona Stanley Hospital.

Teaming up once again with Perth-based architects, Cameron Chisholm Nicol, Amara City Gardens comprises a collection of one, two and three-bedroom apartments, following an open plan layout, with&nbsp;flexible contract terms available.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=158118]

Emblazoned with wide picture windows, with double glazing and high 2.7 metre ceilings, the apartments are dappled in light, complimented by a sense of airiness and space.

Engineered oak floorboards lay under foot in the living spaces, while 100 per cent wool carpets are featured within the bedrooms and corridors.

And as a finishing touch, buyers can elect between a choice of three contemporary colour schemes, further enhancing the ability for a unique space.

[smartcode_project:default project_id=8266 project_image_fid=199987]

The kitchens are the heart of the homes, with reconstituted stone benchtops and premium Smeg appliances, including a stainless steel oven, rangehood and gas cooktop, along with a built-in dishwasher and generous storage.

The bathrooms complete the architecturally designed homes, featuring resort-style tiling , designer vanities and chrome fixtures, while the bedrooms are finished off with expansive mirrored robes.

Three-bedroom, two-bathroom and two car bay apartments can still be snapped up in Amara City Gardens, with prices from&nbsp;$720,000.

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It is Amara City Garden’s unique location that truly sets it apart.



Amara City Gardens, Perth apartment development set to welcome residents in Spring

The Iris Residential project, Shenton Quarter, sets out to create a new urban village in one of Perth’s most sought after suburbs.

The local property developers had one vision for the development, in which to change the way people live.

With the contemporary village set to arrive to Shenton Park, Iris says the project will provide both the residents and the wider community with an area that has its own atmosphere and sense of place, along with establishing a place for social interaction, with ample public and green space.

[smartcode_project:default project_id=26734 project_image_fid=153694]

Providing the ultimate in 21st century convenience, a new shared pedestrian and car laneway will be lined with cafes and alfresco fining, with the ground floor of Shenton Quarter to home a new Coles supermarket, along with a range of specialist boutiques, medical facilities and commercial tenancies.

A buyers lifestyle will be shaped by the exclusive resort-style amenity provided across Shenton Quarter, including landscaped gardens, vegetable and herb gardens, a fruit orchard, 20-metre heated swimming pool, a lounge and dining area, a barbecue deck, children’s play equipment, as well as a fully equipped gym.

[smartcode_project:default project_id=26734 project_image_fid=153700]

Looking to appeal to a wide buyer type, Iris have curated a collection of one-bedroom lofts, along with a selection of one, two and three bedroom apartments.

The light-filled and open residences benefit from a calming palette, as well as experiencing an impressive outlook to the city, which is maximised with floor-to-ceiling glass windows in the living areas.

Over 70 per cent of the residence have already sold in Shenton Quarter, including all of the one-bedroom apartments, as well as all but one of the one-bedroom lofts, which were designed by renowned local architects, Cameron Chisholm Nicol.

The two-bedders in Shenton Quarter start from $590,000.

[smartcode_project:default project_id=26734 project_image_fid=153721]

Each features high ceilings, with 100 per cent wool carpets in the bedrooms, and engineered timber floorboards throughout the living spaces.

Stone benchtops grace the countertops, with a suite of Smeg appliances and a built in pantry, drawers and bin rounding out the kitchen space.

The three-bedroom apartments come in from $925,000, with two-bathrooms and two car spaces, with the premium offering aimed toward the family-occupier or downsizer looking for apartment living with a little added space.

[smartcode_project_cta: project_id=26734]

The light-filled and open residences benefit from a calming palette, as well as experiencing an impressive outlook to the city, which is maximised with floor-to-ceiling glass windows in the living areas.



Shenton Quarter; The Perth apartments providing buyers with a new way to live

The long sought-after Queensland stretch hasn’t slowed down despite the rising construction costs and volatile building sector.

Colliers recently reported that strong population growth, a fast-growing economy and more than $20 billion in infrastructure and investment ahead of the 2032 Olympic Games are just some of the things that will continue to drive the Gold Coast property market over the next decade.

While a string of luxe projects have cropped up around the region, many have a number of options for those looking to get their start in the property market.

We’ve taken a look at some of the best Gold Coast apartments currently on the market under $700,000.

<h2>Seaclusion, Palm Beach</h2>

<h2>Price: From $695,000</h2>

Rarely is there an opportunity to secure a brand new apartment in Palm Beach for under $700,000. Enter Seaclusion.

[smartcode_project:default project_id=107136 project_image_fid=202030]

The newly launched project at 4 Twenty First Avenue has a handful of one-bedroom apartments under $700,000 in the block of 40.

It's being developed by the local Dorr family, who have lived at the prime dress circle spot for over seven decades. The Dorr family actually built the home just 40 metres from the beach,&nbsp;which is soon to be demolished to make way for the&nbsp;nine-level development.

[smartcode_project:default project_id=107136 project_image_fid=202031]

The amenity is located on the roof, where there's a north-facing pool with both ocean and hinterland views, as well as a barbecue area.

Pezet Matheson Director Todd Matheson says Seaclusion is a rare offering for Palm Beach.

"Nobody builds one and two-bedroom apartments at this price point on the beach side of the highway," Matheson says.

"Most apartment developments on the beach side are half or full floors, and can start anywhere from $2.5 million to $4 million."

<h2>Tapestry, Chevron Island</h2>

<h2>Price: From $725,000</h2>

The&nbsp;Brisbane-based boutique developer, Siera Group, fronted by Founder and Managing Director Brent Thompson, made the trip down to the Gold Coast for their inaugural apartment project.

[smartcode_project:default project_id=108641 project_image_fid=192963]

The Chevron Island, Tapestry, is a 22-level, arts-inspired apartment tower, designed to be in keeping with&nbsp;<a aria-label="Chevron Island - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" href="/developments/chevron-island-qld-4217" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/developments/chevron-island-qld$chevronisland">Chevron Island</a>’s growing standing at the cultural arts hub of the Gold Coast.

Due to high demand in the early stages of marketing, Siera recently received approval for the addition of another five levels to the tower, with the extra apartments to fill the demand in the area.

[smartcode_project:default project_id=108641 project_image_fid=192961]

Locals, BDA were tasked with handling the architecture for Tapestry, with Siera also engaging local artist, Tania Blanchard, to create an artwork which will hang in the lobby of the 113-apartment tower when completed.

The two-bedroom apartments come in at $699,000, sharing the space with two-bathrooms, across 100 sqm, along with one car space.

The rooftop amenity at Tapestry is set to rival the best on the Gold Coast, featuring a private dining space, which can be closed off to the rest of the rooftop, an infinity pool with views across Surfers Paradise, a gym, and outdoor lounge areas.

<h2>Marine Quarter | Scenic Tower</h2>

<h2>Priced from: $695,000</h2>

As the only approved residential development on the Broadwater Parklands, Marine Quarter is positioned on the waterfront side of Marine Parade.

[smartcode_project:default project_id=7007 project_image_fid=187505]

Melburnians, BuildCap made the trip to the Gold Coast region of Southport, constructing two soaring towers; the sold out Oceanic Tower and the Scenic Tower.

Following the success of the Oceanic Tower, BuildCap launched apartments in the second tower back in March, with both towers designed by WallaceBrice Architecture.

Marine Quarter comprises a collection of two and three-bedroom apartments, as well as skyhomes, with the two-bedders starting from $575,000.

[smartcode_project:default project_id=7007 project_image_fid=187485]

Covering 89 sqm, the residences feature two-bathrooms along with one car space, with floor-to-ceiling glass maximising views throughout.

Complementing the popular Oceanic Tower, Tower Two is curated in a timeless, natural palette, with modern open-plan layouts encouraging interaction, while versatile multi-functional spaces adapt to everyday life.

The 31-level Scenic Tower is home to both north and east-facing apartments, with the tower also featuring an exclusive rooftop lounge area and pool.

<h2>Nina, Chevron Island</h2>

<h2>Price: From $725,000</h2>

The contemporary&nbsp;Chevron Island&nbsp;apartment development, Nina, by&nbsp;Macquarie York, has two-bedroom apartments priced from $725,000.

The $90 million development will soon rise at 8-10 Parneno Street, just around the corner form the under-construction Allure, another one of Macquarie York's projects.

[smartcode_project:default project_id=108640 project_image_fid=186291]

Nina will have&nbsp;78 apartments over 23 storeys, including a selection of six premium skyhomes and two multi-level penthouses that offer views east to the Pacific Ocean and west to the Gold Coast Hinterland.

On the ground floor residents will have access to a secure bike storage area at the building’s entry, while a mezzanine level above the ground floor will host a wellness centre to include a yoga deck, a large gym, sauna and shower facilities, all set in lush landscaping.

<h2>Rivea, Surfers Paradise</h2>

<h2>Priced from: $645,000</h2>

On the banks of the Nerang River, Rivea stands poised at a unique juncture between the beach, the city of Surfers Paradise, and the Gold Coast Hinterland.

[smartcode_project:default project_id=100371 project_image_fid=194516]

Rothelowman are behind the design of the Auriton Group Development, with the 102-apartment tower home to a mix of two and three-bedroom apartments.

Starting from $645,000, the two-bedders span 95 sqm, with two-bathrooms as well as an additional study space.

From the front entrance of Rivea, it’s a straight line down Frederick Street to the beach just a few hundred metres away.

[smartcode_project:default project_id=100371 project_image_fid=194518]

Not far to the south, residents will find a fishing spot at Neddy Harper Park, the lushly forested Cascade Gardens, and a long strip of surf clubs, parks, and playgrounds running down the foreshore from Broadbeach Park.

The long sought-after Queensland stretch hasn’t slowed down despite the rising construction costs and volatile building sector


The top five off the plan Gold Coast apartments under $750,000

The Sunshine Coast CBD Maroochydore is set for a rare boutique apartment development.

Dubbed The Paddington, at 21 Wright Street near Maroochydore Road and Duporth Avenue, will have just 10 apartments. There will be nine two-bedders and a one-bed apartment. Each apartment spans two levels.

It&#39;s a unique design by Sprout Architects, the local architecture firm founded by architect Anthony Robinson back in 2007.

&ldquo;A two-level unit as opposed to a single storey unit allows pushing and pulling of facade elements to create more character and greater setbacks between the property boundaries and the building,&rdquo; Robinson noted in the development application submission.

&ldquo;The two-level dwelling typologies are sympathetic to Australia&rsquo;s traditional terrace house character. As opposed to the redundant six pack developments of the 70s 80s 90s that contained single level, repetitive floor plates.&rdquo;

Robinson added that compared to traditional stacked single level developments, the two-level unit type will achieve a less bulky form, due to the void created in the balcony design. &nbsp;

The two-level design will also create a greener project, with residents given the opportunity to grow vertical plants up to 5.4 meters instead of 2.4 in traditional apartments.

&ldquo;This can be achieved via trellis or light weight vertical planting, such as bamboo on balconies,&rdquo; Robinson added.

The apartments follow an open plan design, with the dining area flowing to the kitchen at the centre of the floorplate, before leading to the living space which connects to the main balcony.

The second level of the apartments will home the bedrooms and bathroom, with the master-bedrooms featuring an ensuite, as well as an additional juliet balcony.

An outdoor communal space will be located on level one of the building, with the space featuring outdoor seating, gardens, a bar and barbecue areas.

Open space was a focus in the design of The Paddington, with Sprout plotting additional communal area on level three, with lounges, dining and barbecue facilities.

The built form is made up of concrete filled blocks with the lower levels taking on a lighter palette, before topping out in a dark, charcoal finish. Anodised Aluminium battens in flat bronze wrap the sides of the building, with the outdoor communal space a feature in the fa&ccedil;ade when viewed from the street.

It's a unique design by Sprout Architects, the local architecture firm founded by architect Anthony Robinson back in 2007

First look: Maroochydore set for unique apartment development, The Paddington

The longtime local South East Queensland home builder turned apartment developer Choice Homes has broken ground at its $100 million Coomera apartment complex, Oakey Bay.

FKG Group is constructing the first stage of the three-tower&nbsp;project within the Coomera Marine Precinct, which will see 54 apartments created in Riverside Tower. Around 90 per cent of stage one are under contract, from a mix of local and interstate buyers.

The build will take place across three stages, creating over 167 apartments upon completion, along with providing a boost for employment in the region for trades, supplier and local businesses for the projected, next three to four years.

[smartcode_project:default project_id=108412 project_image_fid=201784]

Completion has been slated for mid-2023 for the first tower, with remaining apartments priced from $527,000.

Choice Homes Group Director&nbsp;Troy Knight&nbsp;says the company had engaged with several builders in a selection process, which eventually identified FKG as the ideal contractor to meet the demand for housing in the northern end of the Coast.

&ldquo;Choice has extensive experience building smaller-scale apartment projects, which have won awards, but thought it best to engage a well-reputed leading contractor for something of this size as it will be the largest in the area,&rdquo; Knight says.

&ldquo;FKG have a long history in the industry and are known for delivering outstanding building and engineering projects across Queensland, NSW, and the Northern Territory, so are well equipped to deliver what we&rsquo;re after.&quot;

[smartcode_project:default project_id=108412 project_image_fid=201805]

Oakey Bay will comprise a mix of two and three-bedroom apartments, averaging 110 sqm in size, set amid a resort-style environment which will home two pools, a tennis court, barbecue facilities, and a gym.

According to a recent report by Urbis, demand for homes, including high-density accommodation, has outstripped the existing property market.

The report identified a shortage of land has led to a surge in apartment sales across the Gold Coast - of up to 97 per cent in 2021 &ndash; reinforcing the decision for the developers on the location and timing of the project.

The family-owned developers won&nbsp;the 2018 Housing Industry Association Apartment Complex&nbsp;of the Year Award for its 101 Pohlman Street development in Southport.

[smartcode_project_cta: project_id=108412]

Following strong pre-sales, the three-tower project within the Coomera Marine Precinct, is set to offer a suite of boutique residences and amenities in the burgeoning Northern Gold Coast region.



Choice Homes breaks ground at Coomera Marine Precinct apartment development, Oakey Bay

Developer GWH has successfully completed stage two of its sold out Newcastle apartment project, SKY Residences.

The nine-level tower, which sits alongside the 19-level stage one tower which was completed in late 2021, comprises 73 apartments.&nbsp;All 189 apartments in the project havec all sold out.

GWH Managing Director Jonathan Craig says the project represents a significant milestone for the local developers.

[smartcode_project:default project_id=8430 project_image_fid=28045]

&ldquo;It has been incredible to watch our plans for this site come to life over the last few years&rdquo;, Craig said.

&ldquo;SKY Residences is our largest residential project undertaken to date. To successfully deliver such an iconic new development to the Newcastle skyline truly is a phenomenal achievement and one we are all immensely proud of&rdquo;.

Construction of Sky Residences began in October 2019.

[smartcode_project:default project_id=8430 project_image_fid=201697]

SKY includes an array of resident-only facilities including a pool, gym and the rooftop SKY Lounge, which is an indoor and outdoor entertaining space, providing panoramic views over the CBD and beyond.

&ldquo;As Newcastle locals, we have a deep understanding of the lifestyle aspects Novocastrians desire to amplify the incredible living experience this city provides,&quot; Craig added.

&quot;The feedback from our stage one purchasers has been fantastic and I can&rsquo;t wait for stage two purchasers to experience all that this iconic, new destination has to offer.&quot;

[smartcode_project:default project_id=8430 project_image_fid=201695]

GWH has been a steadfast presence across the Hunter region for over 25 years, backed by a strong track record of delivering commercial, industrial and residential projects within the area, including current works such as Newcastle&rsquo;s, ONE Apartments and Charlestown&rsquo;s Macquarie Tower, both set to start&nbsp;construction&nbsp;by the end of the year.

[smartcode_project_cta: project_id=8430]

Consisting of 73 apartments, Sky Residences Stage Two sores nine-stories into the air, alongside the 19-storey, 66-metre Stage One tower, which was completed in late 2021.



GWH complete stage two of Newcastle's SKY Residences apartment development

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[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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