Sunshine Coast developer&nbsp;Cube&nbsp;has been given the green light to push on with its latest local apartment development, Lago.

The&nbsp;<a href="/developments/birtinya-qld-4575">Birtinya</a> apartment development at&nbsp;2 Prosperity Drive will comprise just 47 luxury apartments, continuing Cube’s commitment to delivering residential projects in premium coastal locations up and down the Sunshine Coast.

With luxury apartments riding a wave of popularity on the Sunshine Coast, Cube Senior Development Manager Daniel Ryan said he expected a very strong response to the new project.

“With premium amenity and accessibility in a growing location, we anticipate a very strong response when Lago is released to market towards the end of this year,’’ Ryan said.

Lago is the latest in a successful pipeline of <a href="/developers/cube-developments">Cube</a> projects including Nature at Cotton Tree which is now sold out, Oasis at Bokarina Beach, and Lumeah Peregian.

“The demand for premium coastal apartments is driven by their unique blend of lifestyle, convenience, and investment potential,’’ Ryan added.

“Our projects, such as Lago, offer residents an unparalleled living experience with views, resort-style amenities, and close proximity to key lifestyle features.

“Coastal destinations such as the Sunshine Coast continue to attract both local and interstate buyers looking for a superior quality of life.

“We are confident that Lago will meet the high expectations of buyers and contribute to the ongoing appeal of our world-class region."

Joel Robinson

First look exclusive: Cube Developments secures approval for Birtinya apartment development, Lago

When it comes to apartment investing, one of the most important factors is securing a tenant.

To do so, apartments need to cater for the owner-occupier. Given the huge growth in the cost of rentals in the last three years, cookie-cutter apartments in a high-rise tower won't do.

At the same time, unit values have also jumped significantly across most parts of the country, which shows investors are not only reaping strong rents, but they're also netting a strong compound growth rate in the value of their investment.

One of the main factors in securing a tenant is supply v demand. Investors need to hit a spot where there's a lot of demand, ideally from a wide range of demographics, but also an area where there's less supply than demand.

<a href="/developers/jwland-development">JWLand</a>, one of Canberra's leading builder developers, is currently developing De Burgh in Northbourne Village in<a href="/developments/lyneham-act-2602"> Lyneham</a>, a suburb north of the centre Canberra which is largely populated by young professionals, students, and growing families.

[smartcode_project:default project_id=139989 project_image_fid=212887]

Lyneham's proximity to the city centre, coupled with local parks, wetlands, and a well-connected light rail service, makes it an ideal spot for those seeking convenience and an active suburban lifestyle.

Additionally, the area is near the Australian National University and various top-rated public schools, making it appealing for both students and families.

Investors have been attracted to the growth in Lyneham where the typical rental yield is five per cent, while unit growth rates average 5.8 per cent per annum over the past three years.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212914]

The median price for units has surged by 22.3 per cent in the past year, now standing at $608,000. Weekly rents in the area are robust, with median figures of $480 for one-bedroom apartments, $560 for two-bedroom apartments, and $750 for three-bedroom apartments.&nbsp;

These figures, along with a vacancy rate of just 1.9 per cent, indicate a strong and competitive rental market.

<a href="/developers/jwland-development">JWLand Development</a> has already sold out Embark and almost sold out The Sullivan, the first two stages of Northbourne Village. The third and final residential release,<a href="/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602"> De Burgh</a>, is set to welcome new residents in the second half of 2025.

[smartcode_project:default project_id=139989 project_image_fid=212915]

Boasting a central position in the Village, De Burgh is located just three kilometres from the city centre, placing future residents in a prime position to take in all Canberra has to offer.

Situated on Northbourne Avenue, just three kilometres from Canberra's city centre, De Burgh offers a range of one, two, and three-bedroom apartments, each light-filled with living areas connecting to outdoor spaces.

[smartcode_project:default project_id=139989 project_image_fid=212889]

Buyers can opt in for various upgrades to enhance their living experience at De Burgh. There's the option to include an electric vehicle charger in a car spot, or add the Smart Lock system to your phone which gives control of who has the digital keys to the apartment and when they can use them.

Other features of De Burgh include energy-efficient inclusions, embedded network services, a landscaped central courtyard, a parcel locker system, and low-cost levies. For those who love to entertain, there's also a rooftop garden and residents' lounge room.

[smartcode_project_cta:default project_id=139989]

Investors have been attracted to the growth in Lyneham where the typical rental yield is five per cent, while unit growth rates average 5.8 per cent per annum over the past three years. 

Why JWLand's De Burgh apartments in Lyneham present an ideal investment opportunity

Queensland developer Sherpa Property Group is moving ahead with construction of its latest Gold Coast apartment development.

They've appointed <a href="/builders/lps-group">LPS Group</a>&nbsp;to deliver <a href="/new-apartments/perspective-helm">Perspective Helm</a> at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, just 10 residences on a north-facing riverfront site at 107 Stanhill Drive.

There are four waterfront villas on offer, four river residences, and two two-level penthouses. Prices start from $3.7 million and range up to $10 million. Each will have three to four bedrooms and multi-purpose rooms.

[smartcode_project:default project_id=143018 project_image_fid=288900]

<a href="/developers/sherpa-property-group">Sherpa</a>&nbsp;General Manager, Daniel Clarke, said there's already been two contracts from local buyers.

“Our confidence in Perspective Helm continues to grow with each project milestone completed, from receiving development approval to securing a reputable and respected builder and incredibly strong inquiry.

“We just want to get in and start and that’s why we have fast-tracked to construction after the recent approval. Perspective Helm is unlike anything we’ve previously introduced to the market, and LPS Group was truly the perfect match to bring our vision to fruition.”

[smartcode_project:default project_id=143018 project_image_fid=288901]

Perspective Helm will be designed by architecture firm&nbsp;<a href="/architects/hal-architects">HAL Architects</a>&nbsp;and with interior design by MAS Architecture.

In addition to Perspective Helm, LPS Group was recently appointed to deliver Sherpa’s Perspective Nexus at Palm Beach, which is currently under construction.

Following development approval in May, the Perspective Helm site is to settle in late July, with construction commencing on August 1.

[smartcode_project_cta:default project_id=143018]

Sherpa General Manager, Daniel Clarke, said there's already been two contracts from local buyers

Sherpa appoint LPS Group to build Perspective Helm, Chevron Island apartments

Architect turned developer Joe Adsett is teaming up with developer Zephyr Group QLD for Palais Bulimba, a boutique collection of high-end apartments on the Brisbane River.

The duo has just filed a minor-change application for the project on a prime 1,991 sqm site at <a href="/new-apartments/palais-bulimba-25-27-byron-street-bulimba">25-27 Byron Street</a>.

Adsett has designed the two buildings that will home just 13 luxury apartments, each offering expansive living areas, state-of-the-art kitchens and premium fixtures and fittings. Residents will also have access to a communal rooftop terrace with a lap pool, gym, sauna, and private gardens.

Adsett's design focused on taking advantage of the 30 metres of absolute river frontage, connecting residents to nature and views with river-facing balconies.&nbsp;

&nbsp;

Adsett is expecting Palais Bulimba to attract significant interest from both local and interstate buyers. Construction is slated to commence later this year, with completion expected in mid-2026.

<img alt="Palais" data-entity-type="file" data-entity-uuid="b2e59fe5-274a-4ff1-8855-3e85329fee14" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-26%20at%2012.03.30%E2%80%AFPM.png?VersionId=S8yAXZZQp.iwL7z1EAHx2.7O9sIJqxMv" />

Adsett and his team will be designing, managing the sales and development in partnership with developer Zephyr Group Qld, who will also build the project internally through their building division Zephyr Build.

"We are thrilled to have teamed up with Joe Adsett for this iconic project," said Zephyr Group Qld Managing Director Shane Winterton.

"Joe Adsett's vision for Palais Bulimba blends minimalist luxury in perfect harmony and is set to become a new icon in Bulimba."

&nbsp;

Zephyr Group Qld and subsidiary Zephyr Build Qld are a seasoned builder-developer with a proven track record spanning over a decade.

Adsett is one of Brisbane's most well-known architects. Since turning his eye to development, he's delivering <a href="/new-apartments/rockpool-rainbow-bay-154-156-marine-parade-coolangatta">Rockpool at Rainbow Bay</a> and <a href="/new-apartments/lagune-by-joe-adsett-20-queen-of-colonies-parade-moffat-beach">Lagune at Moffat Beach</a>.

Adsett is expecting Palais Bulimba to attract significant interest from both local and interstate buyers

First look exclusive: Joe Adsett partners with Zephyr Group for luxury Bulimba apartment development, Palais Bulimba

Burgeoning developer Toohey Miller is continuing its expansion into Sydney's most expensive property markets.

The developer, led by third-generation family member Nick Couloumbis whose grandfather founded <a href="/developers/toohey-miller">Toohey Miller</a> back in 1955 as an architecture practice, is heading to Woollahra, where they've convinced 16 owners to team up and part ways with their units in an interconnected, two-building development from the 1980s.

Plans with the Woollahra Council are for a new $29 million development designed by <a href="/architects/smart-design-studio">Smart Design Studio</a> at <a href="/new-apartments/3-fullerton-street-woollahra">3 Fullerton Street</a>, ideally located just behind Matt Moran's The Chiswick and a short walk from Woollahra's amenity on Ocean and Queen Streets.

The new development will be part five, part six level and home 15 apartments, the majority three-bedders.

Two basement levels will provide 31 parking spaces, while the huge four-bedroom penthouse will occupy the whole top floor and also have access to its own private rooftop terrace, complete with a swimming pool. Wyer &amp; Co is handling the landscaping.

<img alt="Fullerton" data-entity-type="file" data-entity-uuid="2dc4c137-fbe4-4d7d-9be6-add5c408cad1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%202.45.44%E2%80%AFPM.png?VersionId=7VZxgbWkALfTNni44112iq0BZjTyuCbp" />

The existing building was considered for adaptive reuse; however, it does not comply with current Building Code of Australia (BCA) standards concerning accessibility, floor-to-ceiling heights, fire safety, mechanical systems, electrical systems, lift, hydraulic/stormwater, and energy efficiency.&nbsp;

Consequently, the decision was made to demolish the current structure and replace it with a new residential development that pays homage to nearby heritage and contributory buildings.

The site is located within the Woollahra Heritage Conservation Area (HCA) and the Rosemont Precinct. It is adjacent to a heritage-listed item on its east side, separated by a narrow grass path.&nbsp;

The development aims to respect the heritage items in the vicinity and the heritage significance of the HCA, enhancing the streetscape and contributing positively to the area.

Although the new building will be taller than the existing structure, it has been designed to minimise any adverse visual impact on nearby heritage items and the HCA.&nbsp;

<img alt="Woollahra" data-entity-type="file" data-entity-uuid="f18eb5fa-a39e-44a6-849b-c8a489b27634" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%202.45.54%E2%80%AFPM.png?VersionId=4TBfo6rzHx.UlW.OLrqEA7icl9C7jNjc" />

Tall mature trees will largely obscure the view of the new development. The building's form, massing, setback, and materiality have been planned to be sympathetic to the surrounding heritage items and the HCA and the use of face brick will align with the existing inter-war flat buildings in the Rosemont Precinct, enhancing the site's streetscape presentation.

Since announcing themselves on the development scene in 2022,&nbsp;<a href="/developers/toohey-miller">Toohey Miller</a> has been busy acquiring sites across some of Sydney's best suburbs.

They've&nbsp; the majority of apartments in their luxury <a href="/developments/elizabeth-bay-nsw-2011">Elizabeth Bay</a> apartment development, <a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Place</a>. They're a joint venture partner on <a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse Potts Point</a> nearby, while they're putting the finishing touches to their approved Darlinghurst apartment development, <a href="/new-apartments/henri-house-349-liverpool-street-darlinghurst">Henri House</a>.

The site is located within the Woollahra Heritage Conservation Area (HCA) and the Rosemont Precinct

First look: Toohey Miller reveal new Woollahra apartment plans

Consistent sales in the first stage of Veue, the latest stage of Sekisui House Australia's The Orchards masterplan in Norwest, has brought forward the release of its next stage, Veue Parkside.

<a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>&nbsp;comprises 156 apartments across two nine and 14-level buildings. There are four townhouse-style residences, as well as 10 two-level units.

Veue, stage four of the $1 billion masterplanned community, comprises 583 apartments, nearly half of the total apartments that will make up the 8.1-hectare The Orchards.

[smartcode_project:default project_id=145924 project_image_fid=287362]

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a>&nbsp;sales manager David Lee says there are few&nbsp;opportunities in Sydney’s north-west to purchase carefully curated two-storey apartments as well as a collection of oversized four-bed sky homes.

"Veue Parkside is a masterpiece in craftsmanship, luxurious living surrounded by green spaces, recreational parks and stunning landscaping," Lee says.

“Veue Parkside’s direct connection to nature via a vertical green building spine supported by splendid northerly views overlooking Castle Hill Country Club and panoramic aspects across to the Blue Mountains from the west will capture the interest of perceptive buyers."

[smartcode_project:default project_id=145924 project_image_fid=287358]

Lee has been fielding interest from downsizers, young families, investors and first home buyers.

"[They] already know the many lifestyle benefits associated with residing in <a href="/developments/norwest-nsw-2153">Norwest</a> including its proximity to Norwest Metro Train Station, Norwest Marketown and major employment hubs such as Norwest Business Park will appreciate the exclusive purchasing opportunities in Veue Parkside."

Veue Parkside’s design vision defers to The Orchards’ natural surrounds with residences maximising connection to the landscape and nature, according to <a href="/architects/crone-architects">Crone Architects</a>&nbsp;Principal Julian Venning.

“The green of the gardens is drawn into the resident experience, while a sense of wellness is promoted in the design within the natural environment," Venning says.

"The curved form and soft corners of the buildings allow the towers to be seen in the round continuing greenery up the façade to integrate landscape and built form.

“All apartments have views to the gardens or green edging to their balconies. Veue Parkside is built around a central garden as a sustainable oasis of wellness encouraging exploration and relaxation."

&nbsp;

[smartcode_project:default project_id=145924 project_image_fid=287364]

Homes in The Orchards are supported by the idea of ‘Keinen Bika’ whereby a community is created that seamlessly blends in with the natural environment and surrounding scenery.

Floor-to-ceiling glazing to capture panoramic views of nature, optional interior schemes including diverse materials and tonal finishes, oversized balconies on upper levels and EV charging within the resident car park (optional upgrade) are some of the exceptional features Veue Parkside purchasers can expect.&nbsp;

Veue Parkside residents can entertain up to 100 guests within the communal function centre that opens up to landscaped parklands and a central podium. A concierge service is also available in the adjacent Building A, servicing the needs of all residents at The Orchards.&nbsp;

[smartcode_project:default project_id=145924 project_image_fid=287379]

The masterplan, designed by <a href="/architects/turner-studio">Turner</a>, is spread across five stages. When completed, the community will comprise 1,300 apartments.

The Orchards is located approximately 31 kilometres north-west of Sydney’s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.&nbsp;

Veue Parkside is located at 15 – 19 Spurway Drive, Norwest. Construction has started and the first residents are expected to move in mid-2026. Close to 600 apartments have already been sold in The Orchards.&nbsp;

[smartcode_project_cta:default project_id=145924]

The Orchards, designed by Turner, is spread across five stages. When completed, the community will comprise 1,300 apartments.

Sekisui House Australia bring forward Veue Parkside, Norwest apartment release after sales flurry

Kokoda Property has been given the green light to add four levels to its new Milton apartment development,Ruby Ruby.

Over 80 per cent of the apartments <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">within the Crombie Street tower</a> have sold since its mid-2023 launch.

In response to the high demand, Kokoda sought a new enhanced scheme which will see an additional 34 apartments added.

There will be two additional one-beds, 24 two-bedroom apartments starting from $764,000 and a further eight three-bedroom apartments starting at $2.3 million, now all available to purchase.

Ruby Ruby now comprises 178 apartments across a 26-level building designed by <a href="/architects/cottee-parker-architects">Cottee Parker</a>.

&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232277]

The <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby Penthouse Collection</a> crowns the top levels of the tower. The eight sub-penthouses and four penthouses start from $3.75 million.&nbsp;

This expansion comes amid a strong market rebound, with unit values in Brisbane rising over 18.2 per cent in the past year. Experts attribute this growth to several factors, including the upcoming 2032 Olympic Games, which are expected to drive over a decade of infrastructure development and population increases. Additionally, Brisbane’s affordability, job growth, and lifestyle appeal continue to attract interstate migration, making Brisbane a prime location for luxury living.&nbsp;

<a href="/developers/kokoda-property">Kokoda Property</a> Founder and Managing Director, Mark Stevens, said adding extra storeys to Ruby Ruby marks a significant milestone for the developer and will enhance the project’s impact on elevated living in <a href="/developments/milton-qld-4064">Milton</a>, with the vibrant community embracing Brisbane’s newest and most prestigious address.&nbsp;

&nbsp;

“Kokoda’s vision for Ruby Ruby has always been to create a standout collection of prestigious residences decorated with a subtropical-inspired design like no other," Stevens said.

"Ruby Ruby adhering to its goal of offering a new level of sophistication and witnessing the growing appetite for Brisbane luxury apartment living is incredible."

[smartcode_project:default project_id=139032 project_image_fid=231171]

Amenities on offer include a rooftop infinity pool, thoughtfully landscaped BBQ areas and deck, floating daybeds, cabanas, a fire pit, private dining and bar space, private cinema lounge, billiards room, versatile meeting rooms and a dog wash facility.

Residents will also have access to a health and wellness centre, complete with a sauna, spa, plunge pool, a yoga studio and a fully equipped gym.

Construction on Ruby Ruby will commence in Q4, 2024, and is expected to be complete in 2026.

[smartcode_project_cta:default project_id=139032]

Kokoda Property Founder and Managing Director, Mark Stevens, said adding extra storeys to Ruby Ruby marks a significant milestone for the developer and will enhance the project’s impact on elevated living in Milton

Kokoda adds more apartments to Ruby Ruby in Milton

Ali Mohammed's Positive Investment Enterprise is continuing to bolsters its apartment development pipeline in Sydney's most affuleunt harbourside suburbs.

Positive Invest, who is behind the luxury Rose Bay apartment development Kew Hillcrest, has filed plans for its rare three-lot amalgamation at&nbsp;<a href="/new-apartments/80-84-drumalbyn-road-woollahra">80-84 Drumalbyn Road, Bellevue Hill</a>.

They're planning&nbsp;26 two, three and four-bedroom apartments across a six-level building. The building however presents as two levels street from street, tiering down the sloping block.

<img alt="Bellevue" data-entity-type="file" data-entity-uuid="ab8abcf8-ed00-46a1-b079-d72ff225d8ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%2010.34.11%E2%80%AFAM.png?VersionId=iH6Wu_u1d_jyg.dB.egjYFUVAlEchehl" />

The building, which will cost nearly $34 million to construct, has been designed by MHNDUnion who says the apartment mix&nbsp;is consistent with market demand and would suit the demographic mix of couples, small families, retirees and downsizers living within the surrounding area.

The Urban Design Report submitted by Atlas Urban suggested <a href="/developments/bellevue-hill-nsw-2023">Bellevue Hill</a> lacks the right type of housing in the right location "age in place."

They said it's an area of a well-established wealthy and increasingly elderly community, adding that much of the housing stock is mid-20th century walk-up buildings.

"[There's a] limited provision of new housing in residential streets surrounding the centre [of Bellevue Hill]," the report noted

"The subject site is part of a precinct of R3 medium residential apartments. Its neighbours are all multi-residential, while on the far side of the gully is R2 low-density housing.

"Many of the houses in the area are large and include private tennis courts and swimming pools. The apartments help to bring density and activation to the area and provide housing diversity."

<img alt="Bellevue" data-entity-type="file" data-entity-uuid="3013c00b-8c69-4fe2-9e8d-eaf11eac6635" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%2010.21.01%E2%80%AFAM.png?VersionId=7_X6PLH3fE_oGRWElL0QwPPdtjv8yhpf" />

There will be a communal resident area in the new development with a lounge, adjoining gym, and a tiered terrace that runs down to a swimming pool. On the same level is a three-bed plus MPR apartment that has its own pool.

There are four apartments proposed on levels one, two and three, six apartments on level four, four on level five, and then two penthouses on level six.

The three-bed apartments range in size from 118 sqm to 189 sqm, the larger ones with a fourth bedroom or an MPR.

<img alt="Bellevue Hill" data-entity-type="file" data-entity-uuid="143a658f-69e8-4734-9f7b-7158883f06ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-07-24%20at%2010.33.57%E2%80%AFAM.png?VersionId=yLLHBeOBlbdNXulpD5j6iLSuWRMH6iys" />

Renowned landscape architecture firm Dangar Barin Smith said the landscape design for 80-84 Drumalbyn Road incorporates a carefully selected planting palette designed to effectively deal with the differing micro-climate sensitivities of the site.

"The front landscape exists in very limited natural light due to the oversized Fig Trees on the council verge. This area requires plantings that are conducive to low light conditions and forest floor/rainforest plant communities. A range of exotics are suggested where appropriate in conjunction with natives to ensure a long-term evergreen appearance and the prevention of weed growth."

Currently on the site is three residential flat buildings with brick facades and hipped tile roofs.

"The existing buildings are effectively enclosed brick boxes without access to outdoor spaces," Atlas Urban said.

First look: Positive Investment Enterprise reveal Bellevue Hill apartment plans

Mirvac's latest parkside apartment development, Prince &amp; Parade&nbsp; , brings together the same team that has created several iconic developments that have stood the test of time in Melbourne.

It was two decades ago when ASX-listed developer Mirvac cut the ribbon to open their St Kilda Road parkside tower, The Melburnian.

The 23-level <a href="/developments/southbank-vic-3006">Southbank</a> tower, at the northern end of the exclusive strip, was one of Mirvac’s first parkside towers. And while the landscape of Southbank has changed over 20 years, The Melburnian, on Kings Domain, still stands as a local landmark.

It wasn’t until 2015 Mirvac put together a prime block of land on Fitzroy Gardens. What came four years later was <a href="/buildings/the-eastbourne-280-albert-street-east-melbourne">The Eastbourne</a>, one of the most revered parkside developments in the whole of Melbourne.

Now it's the turn of Prince &amp; Parade&nbsp; , on Princes Park in <a href="/developments/brunswick-vic-3056">Brunswick</a>. The same architect from The Melburnian and The Eastbourne, Bates Smart, has been commissioned again to design another iconic parkside project for the ASX-listed developer.

We recently took a tour of <a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">Prince &amp; Parade</a> and its surrounding area, and spoke with Mirvac's Julian Gries to find out more about the development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/cbIZ5hWp79Q?si=htVZNUl9iWtdOZn7" title="YouTube video player" width="560"></iframe>

[smartcode_project_cta:default project_id=4802]

We recently took a tour of Prince & Parade and its surrounding area, and spoke with Mirvac's Julian Gries to find out more about the development

Mirvac go parkside again with Prince & Parade on Princes Park in Brunswick: Urban video tour

Design-driven residential developer Milieu has always broken the mould when it comes to new homes.

Those who live in Melbourne’s inner north know when they’re walking past a Milieu development. Recently the developer branched out to Melbourne’s south-east, bringing their signature style to <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street Malvern</a>. Now they’ve revealed their next development, and it’s probably one of the most unique they’ve produced since being founded 15 years ago.

Having secured the 11,740 sqm site of the former ABC Studios on Gordon Street in Elsternwick back in 2022, Milieu has spent the last two years working alongside Woods Bagot, OCULUS Broached Commissions and March Studio to create a garden-centric community they’re calling <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a>.

[smartcode_project:default project_id=136535 project_image_fid=288414]

With nearly half of the site reserved for landscaping, Elsternwick Gardens, as the name suggests, will be a garden oasis. The project comprises six low-rise buildings, divided into three distinct interior design offerings. Milieu has assembled a stellar team of interior designers comprising K.P.D.O., Woods Bagot and Flack Studio.

One of the biggest considerations in the planning phase was how to not only incorporate, but celebrate and take advantage of the neighbouring Rippon Lea Estate, the landmark 19th century mansion surrounded by seven hectares of gardens that are deemed some of the best in the country. The estate is listed on the National Heritage Register as one of the finest examples of original suburban estates in Australia.

Future residents of Elsternwick Gardens will have direct access through a private, secure gate to Rippon Lea Estate. Another plus for those who will call Elsternwick Gardens home is that the head gardener of Rippon Lea Estate will oversee maintenance of the landscaping and gardens throughout Elsternwick Gardens, making sure the grounds essentially extend from Rippon Lea Estate through the new development.

[smartcode_project:default project_id=136535 project_image_fid=288420]

The Elsternwick Gardens site was previously part of the wider Rippon Lea Estate, before it was carved up and became the industrial production facility for ABC Studios with the advent of television in Australia. That building is currently being demolished ready for construction to commence.&nbsp;

The design process has involved extensive research and consultation with community groups and stakeholders to ensure the project positively contributes to the social fabric of <a href="/developments/elsternwick-vic-3185">Elsternwick</a>.&nbsp;

Residents will have access to a lounge area at ABC Lane, the precinct's entry point, as well as health and wellness facilities including a fitness centre with sauna, steam room, mineral bath, cold plunge, yoga, pilates, and a simulation golf area. The precinct will also include amenities for pet care, car washing facilities and hobby workshops, as well as a hospitality offering.

[smartcode_project:default project_id=136535 project_image_fid=288412]

<a href="/developers/milieu-property">Milieu</a> Managing Director Michael McCormack said Elsternwick Gardens is a once-in-a-generation opportunity.

“The sheer scale of the project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date," McCormack says.

"Close to our hearts and planted firmly front of mind, it’s the project that we believe will define our legacy as a creative developer.”

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Progressive, sustainable design has always been central to Milieu’s creative development. Milieu’s buildings consistently achieve a NatHERS rating of at least 7.0 on average, and Elsternwick Gardens will be no different. There will be provision for EV charging, carbon-neutral energy supplies, solar power collection and cross-flow ventilation to the apartments. Every apartment will be completely fossil fuel-free and have no connection to the natural gas network. Homes can be powered with 100 per cent renewable energy. Water tanks will harvest rainwater for landscape irrigation minimising residents use of fresh water and impact on Melbourne's stormwater system.

Aside from being located next door to Rippon Lea Estate, future Elsternwick Gardens residents will be a short walk from the centre of Elsternwick to the south, with its train station, shopping precinct and range of restaurants and cafes and the vibrant village or Ripponlea Village to the northwest.&nbsp;

Milieu is currently fitting out an onsite display at 8 Gordon Street that will be ready for prospective buyers in late August.&nbsp;

Register your interest to have first access to information in August ahead of the future public launch.

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With nearly half of the site reserved for landscaping, Elsternwick Gardens, as the name suggests, will be a garden oasis

Exclusive: Milieu unveils anticipated Elsternwick Gardens precinct on the fringe of Rippon Lea Estate

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer Big Projects brought in the renowned Sydney-based design studio YSG to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for Big Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of Big Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Architecture, with landscape design by LDG.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

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Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

Joel Robinson

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