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22 The Promontory, Ephraim Island, Queensland, 4216
With absolute beachfront and broadwater access, this four-bedroom, five-bathroom house is perfect for those who love to mess about in boats. The 660-square-metre, three-level home has a lift, private plunge pool, deck that slopes down to the beach and access to resort facilities such as pools, a gymnasium, day spa, and landscaped parks with a network of waterfront boardwalks. The house is being marketed by <a href="https://www.mirvac.com/home" title="Mirvac" target="_blank">Mirvac'</a>s Ephraim Island sales office. It has price hopes of $3,495,000.
 
 
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cknowlton-QnEa6ntUYP

Beachfront stunner in Paradise Point

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11 Spruson Street, Neutral Bay, NSW, 2089
This four-bedroom, three-bathroom house was designed by architect B.J. Waterhouse and has early 1900s charm. Just a five-minute walk from Hayes Street Wharf, the 639-square-metre property includes tranquil gardens and a pool. It was sold by <a href="https://www.rhnb.com.au/" target="_blank">R</a><a href="https://www.rhnb.com.au/" title="Raine&amp;Horne" target="_blank">aine &amp; Horne Neutral Bay</a> agent Terry Howard for $2.65 million on Thursday, June 23, 2011. The latest marketing suggested a price expectation of $2.5 million plus, having been listed in 2010 with $3.3 million hopes. It last traded at $2,325,000 in November 2003, reflecting  1.7% growth.
 
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Waterhouse-designed beauty in Neutral Bay

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13 Melville Beach Road, Applecross, WA, 6153
With absolute river frontage, this four-bedroom, two-bathroom house in one of Perth's most sought-after suburbs is built in the style of Art Deco. The 702-square-metre house offers panoramic views of the Swan River from just about every room, and no expense is spared when it comes to fittings and finishes. The house features a swimming pool, sundeck, gas fireplace and balconies with river views. It is for sale through <a target="_blank" title="William Porteous" href="https://www.porteous.com.au/property.aspx?pid=252785">William Porteous</a> agent Mark Dimmock, with price hopes of $2,495,000. 
 
 
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Art Deco-inspired grandeur in Applecross

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Brisbane-based Affinity Property Group, the company behind the Ramada Resort Hervey Bay on Queensland's Fraser Coast, has collapsed. Ron Dean-Willcocks, of Dean-Willcocks Shepard Recovery &amp; Strategy, has been appointed voluntary administrator. Tim Wright, chairman of Affinity, says the Ramada Resort is going “very well” despite “hard times” for tourism. The resort was completed in 2009. Wright says Affinity had failed to sell 20 of 46 apartments within Ramada. The apartments were put on the market at the end of last year, after the sales process was put on hold during the GFC. “If all the apartments had been sold off, we wouldn’t have had the same problem,” Wright says. The two-bedroom apartments were originally offered for $400,000. Wright says the prices were reduced, but not substantially. Wright says he is confident a buyer can be found. “We’re trying to work out the situation in the best possible way,” he says. Affinity Capital purchased the Ramada licence in 2007 and developed the first stage of the Hervey Bay resort. Seascape Capital and Seascape Property, behind the second stage of development, were also chaired by Wright. A Seascape Capital fact sheet says: "We believe there is no better time to develop than now. We have an ideal location in one of the fastest-growing cities in Australia with a global brand name: Ramada.” "[There] is no better time to build than now as the construction companies are pricing very competitively. "Furthermore, as a lot of construction elsewhere has slowed down (as well as development approvals), we believe that we will have apartments on the market at the ideal time to take advantage of the next property cycle." A meeting of creditors will be held on July 1. The administrators could not be contacted this morning.
This article originally appeared on <a target="_blank" title="Smart Company" href="https://www.smartcompany.com.au">SmartCompany</a>.
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Tourism downturn hits Hervey Bay property sales

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2/1B Beresford Road, Rose Bay, NSW, 2029
Designed by Weir Philips Architects and Pyke Designs, this penthouse apartment in prestigious Rose Bay has all the luxuries. The four-bedroom apartment has 400 square metres of interior space and 300 square metres of exterior space, five marble bathrooms, a Miele kitchen and a rooftop entertainment area. The penthouse has its own entrance and an internal lift, and it has harbour views from floor-to-ceiling windows, its extensive balconies and the mosaic-tiled swimming pool. The property is being sold by <a href="https://www.propertyobserver.com.au/https://www.mcgrath.com.au/128721" title="McGrath" target="_blank">McGrath </a>agents  Steven Chen and Paul Ephron with price hopes of $4.7 million plus.
 
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Harbour views in Rose Bay

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{yoogallery src=[images/stories/june26peppermint]}
5/113 Forrest Street, Peppermint Grove, WA, 6011
This three-level townhouse in one of Perth's poshest suburbs offers elegance and plenty of room to move. The three-bedroom, two-bathroom house features all the conveniences one would expect in this price range, plus extras like a wine cellar, lift and home cinema. The interior is light and airy, with 455 square metres of living space. It is close to schools, Napoleon Street and the river. The house is being sold through <a target="_blank" title="William Porteous" href="https://www.porteous.com.au/property.aspx?pid=256277">William Porteous Properties</a> agents William Porteous and James Francis-Hayes, with price hopes of $2,695,000 plus. 
 
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Fresh sophistication in Peppermint Grove

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{yoogallery src=[images/stories/june26greenhill]}
116/220 Greenhill Road, Eastwood, SA, 5063
This three-bedroom, two-bathroom sub-penthouse in the Air apartment complex offers sophisticated modern living. The wrap-around balcony and floor-to-ceiling windows offer beautiful views across Adelaide CBD, and the property comes with an unusual six car parks. On one level, the sub-penthouse has a kitchen with Miele appliances, polished floorboards and sophistication in spades. It is being sold through <a target="_blank" title="Toop&amp;Toop" href="https://www.toop.com.au/fulldetails.asp?refid=116220EAS0A&amp;startat=0&amp;recno=0&amp;suburb=&amp;surround=&amp;fromprice=1500000&amp;toprice=&amp;bedrooms=&amp;bathrooms=&amp;carports=&amp;keyword=&amp;tenniscourt=&amp;ipix=&amp;investment=&amp;pool=&amp;new=&amp;PropertyTypeID=&amp;LandSizeID=&amp;howmany=10&amp;PropertyStyleID=&amp;view=&amp;sort=suburb&amp;action=submit&amp;area=&amp;checkdom=&amp;from=&amp;video=">Toop&amp;Toop</a> agents John Williams and Stephanie Williams, with price hopes of $1.7 million plus. 
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Luxurious sub-penthouse in Eastwood

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{yoogallery src=[images/stories/june26paddlesack]}
23 Packsaddle Road, Marlow Lagoon, NT, 0830
This 5,840-square-metre property is a 20-minute drive from Darwin and just five minutes to Palmerston. It comprises four bedrooms and two bathrooms, and its knockout feature is its 11.5-metre wet-edge pool with a full-length shade sail. The property offers absolute privacy, with rural tree views from its wrap-around balcony, entertainment area and pool. The house is being sold through <a target="_blank" title="LJ Hooker Palmerston" href="https://www.ljhooker.com.au/1GT5H8Z">LJ Hooker Palmerston</a> agent Michael Oesterheld, with price expectations of $1,157,000 plus. 
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Privacy and space in Marlow Lagoon

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{yoogallery src=[images/stories/june26milson]}
29 Milson Road, Cremorne Point, NSW, 2090
With stunning harbour views and old-style grandeur, "Cliff House" is one of the few family mansions left in Cremorne Point. The early 1900s three-level house has been tastefully updated and now provides contemporary convenience with period charm. The five-bedroom, five-bathroom house a games room with wet bar, cellar, pool, Peter Fudge-designed gardens and beautiful fittings and fixtures. It includes a self-contained two-bedroom apartment, which adds flexibility. The house is being sold through <a href="https://www.propertyobserver.com.au/https://www.rwm.com.au/135567" title="Richardson&amp; Wrench" target="_blank">Richardson &amp; Wrench </a>agents Richard Simeon and Mark Manners, with price expectations near $7.8 million or $7.9 million. 
 
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Stately glamour with knockout views in Cremorne Point

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{yoogallery src=[images/stories/june26floridard]}
69 Florida Road, Palm Beach, NSW, 2108
Every room in this luxurious five-bedroom, six-bathroom house has water views. On a 1,200-square-metre block, this is one opulent beach house, just 200 metres from the water. Its northerly aspect means it is filled with light, and the 4o-square-metre covered veranda would be ideal for entertaining. The house is being marketed by <a target="_blank" title="Richardson and Wrench" href="https://www.propertyobserver.com.au/https://www.rwm.com.au/134391">Richardson &amp; Wrench</a> agent Richard Simeon in conjunction with Raine &amp; Horne agent Glenn Lee, with price expectations of $5.95 million plus. 
 
 
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Tranquility and water views in Palm Beach

For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

Cassidy Knowlton

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