Sydney's ongoing transformation into a metro-driven city is having a significant impact on the real estate market.

The expansion of the Sydney Metro network, which will eventually include four lines, 46 stations, and 113 kilometres of rail by 2030, is not just changing how people move around the city, but also driving price growth and altering the demographics of the suburbs along its routes.

Suburbs near metro stations have experienced a population surge of 23 per cent over the past decade, almost double the growth seen in suburbs further away from the metro lines.

The increased density has been accompanied by a shift towards apartment living, with nearly half of the residents in these areas now living in apartments.

The demand for apartments is particularly strong in regions like the Hills District, Lower North Shore, CBD, and Canterbury Bankstown, where there is a need for about 9,000 new units annually.

Data from CBRE and PropTrack found that over the past decade, suburbs along the metro line have seen a 49 per cent increase in capital value, outperforming suburbs further out by five per cent.

They cited that the value of property in Castle Hill has grown by 72 per cent, compared to 49 per cent in the neighbouring Baulkham Hills.&nbsp; It was the same story in Crows Nest, which had 79 per cent compared to Camerray's 62 per cent.

"Enhanced accessibility provided by the metro, potential for additional infrastructure development, increased demand, and possibilities for re-zoning, have all contrinued to an overall increase in dwelling values," the report noted.

The substantial reductions in travel time, in many cases over an hour, has made the&nbsp;metro-line suburbs increasingly attractive to younger residents, particularly Gen Z and Gen Y, who now make up 45 per cent of the population in these areas.

There are several suburbs which are already benefitting extensively from having the Sydney Metro dissecting them.

<h2>Crows Nest</h2>

Residents of <a href="/developments/crows-nest-nsw-2065">Crows Nest</a> both current and future, are among those who are likely t o benefit the most from the new metro, with no train station previously in the small, village-led suburb.

Now it's just seven minutes to Martin Place for commuters. Between Victoria Cross and Chatswood, the Crows Nest Station is perfectly located on the border of Crows Nest and St Leonards.

Developer&nbsp;<a href="/developers/twt-property-group">TWT Property Group</a>&nbsp;is perfectly positioned to take advantage of the new connectivity to the city. They've recently launched the first stage of their suburb-defining masterlpan,&nbsp;<a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>.

The first building in the large 1.3-hectare precinct will home 93 one, two, three and four-bedroom apartments with interiors by DBI. West Bourne Construction has already started excavation on the Atchison Street site that will also home several food and beverage offerings on the ground floor.

[smartcode_project:default project_id=94318 project_image_fid=293323]

No building will be closer to the metro than <a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Hume Place</a>, located directly above Crows Nest Station.

Hume Place, a joint venture between Third.i and Phoenix Property Investors, comprises three buildings designed by Woods Bagot.

[smartcode_project:default project_id=142550 project_image_fid=297877]

Around 131 apartments will be on offer in the trio of buildings that will also home street-level retail and commercial premises.

Crows Nest Station will also be less than one kilometre from Top Spring Australia's The Newlands, opposite Newlands Park in the area now known as "St Leonards South". Ditto Hyecorp's under-construction Audrey, just up the road.

<h2>North Sydney</h2>

The Victoria Cross Station has been one of the most talked about stations as part of the new Metro. It's the first stop under the water from Barangaroo, just three minutes from station to station.

It was the proposed location of the station, just a pipedream back in 2014, that lured luxury Sydney developer Aqualand to North Sydney. They secured a site on Walker St and coincidentally timed the completion of the new luxury development, AURA by Aqualand, at the same time as the opening of Victoria Cross.

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<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> at 168 Walker Street, 200 metres down the road from the McLaren St entrance to Victoria Cross, features 386 apartments across a striking, curved, Woods Bagot-designed tower.

AURA by Aqualand is part of the broader transformation of <a href="/developments/north-sydney-nsw-2060">North Sydney</a> into a new thiving precinct, providing residents with an array of transportation options, green spaces, and cultural amenities. AURA contributes to the evolution, with four world-class hospitality venues in the two-level podium at the foot of the building.

[smartcode_project:default project_id=30959 project_image_fid=292886]

The hospitality on offer ranges from a bakery turned wine bar, a boutique grocer, and two restaurants curated by former Sepia chef Rhy Connell.

<h2>Castle Hill</h2>

<a href="/developments/castle-hill-nsw-2154">Castle Hill</a> had a shot in the arm in 2018 when it was announced the underutilized Showground Precinct would be redeveloped and home $3 billlion worth of apartments and infrastructure.

It was a race to the Hills District for several developers, knowing the opportunity was one not to be missed, given the plans for the Metro to run through <a href="/developments/castle-hill-nsw-2154">Castle Hill</a> to <a href="/developments/tallawong-nsw-2762">Tallawong</a>. Now it's just 33 minutes from Castle Hill to Barangaroo.

The latest development to launch in Castle Hill is <a href="/new-townhouses/larool-crescent-castle-hill-2-22-larool-crescent-castle-hill-nsw-2154">Larool Crescent</a>, a rare low-rise building around the corner from the rejuvenated Castle Towers shopping centre.

[smartcode_project:default project_id=135330 project_image_fid=289164]

Marketed by Boston Buckler,&nbsp;Larool Crescent comprises&nbsp;110 apartments and townhouses spread across four five-level buildings on its sprawling 8,000 sqm block. The buildings have been designed by PTW to wrap around a central courtyard with extensive landscaping.

There will be one, two, three and four-bedroom apartments on offer, as well as a handful of large townhouses, a rarity in new developments in the area.

[smartcode_project:default project_id=135330 project_image_fid=289121]

Boston Buckler Principal, Alex Walker, said the residences are&nbsp;"tailor-made for owner-occupiers," with designs catering to first home buyers, downsizers, and young families.

The interiors of Larool Crescent have been crafted by&nbsp;<a href="/interior-designers/coco-republic-interior-design">Coco Republic</a>, who have focused on combining form with function.&nbsp;

[smartcode_project:default project_id=135330 project_image_fid=289119]

"There were certain elements that we put together to achieve warm and clean interiors for this project," Coco Rebuplic's Head of Interior Design, Diana Ribarevksi said.

"Things like the black accents, natural stone in the kitchen, beautiful tactile tiles throughout. All these elements add interest, but also a perfect base for people to bring their own style into the interiors."

The substantial reductions in travel time, in many cases over an hour, has made the metro-line suburbs increasingly attractive to younger residents, particularly Gen Z and Gen Y,

Joel Robinson

The Sydney suburbs set to benefit the most from the new Sydney Metro

After many years of amalgamating one of the most impressive sites in the Lower North Shore, TWT Property Group has unveiled the first stage of its mixed-use precinct, The Collective.

The development, situated on the border of <a href="/developments/crows-nest-nsw-2065">Crows Nest</a> and just 300 metres from the new Metro station, is aiming to bring a new lifestyle hub to the area, with a mix of apartments as well as extensive commercial and retail tenancies as part of the masterplan

<a href="/developers/twt-property-group">TWT Property Group</a>&nbsp;recently welcomed us to the display suite of the first stage of&nbsp;<a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>&nbsp;which offers a diverse range of apartments, from one-bed units all the way through to large four-bedroom apartments across a 160level building.

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&nbsp;

Residents will benefit from proximity to Crows Nest Village, which includes cafes, Woolworths, and Coles, enhancing the convenience and lifestyle offered by The Collective.

Westbourne Construction has begun excavation, with the off the plan purchasers expected to move into the first building in mid-2026.

[smartcode_project:default project_id=94318 project_image_fid=293324]

<a href="/developers/twt-property-group">TWT Property Group</a>&nbsp;has a strong record of delivering quality projects in some of Sydney's best suburbs. They've been behind Grande&nbsp;<a href="/developments/pyrmont-nsw-2009">Pyrmont</a>&nbsp;Bay Estate, NewLife&nbsp;<a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a>, NewLife Darling Harbour, and T1 St Leonards.

Belle Property is opening the display suite, onsite at 64 Atchison Street, this weekend, for prospective buyers to get the first chance at buying at what will become the newest lifestyle hub in the Lower North Shore

[smartcode_project_cta:default project_id=94318]

Westbourne Construction has begun excavation, with the off the plan purchasers expected to move into the first building in mid-2026.

The start of Crows Nest's newest mixed-use precinct: Urban's display suite tour of The Collective

The new apartment pipeline in Sydney's Eastern Suburbs is hotting up heading into summer.

But buyers are very particular, considering they're buying into the most expensive area of real estate in the country.

1st City agent Yaron Foghel has noted an increase in buyer demand in new and off the plan apartments in the east, from both owner occupiers and investors.

"They're looking to take advantage of future market potential," Foghel says.

New projects allow buyers to secure a property at today's prices with the potential for appreciation by the time of completion," Foghel says.

Foghel has distilled buyers' main criteria into the 'Three V's.'

"Buyers want views, a village, and value. The Three V's are crucial in driving demand."

A spectacular view of the ocean, harbour, or city skyline can significantly enhance a property's appeal and price, Foghel says.

"Additionally, the charm of a local village, with its vibrant cafes, boutique shops, and community vibe, adds a sense of belonging and convenience.

Foghel says value has always been a major driver.

"Buyers seek properties that offer long-term investment potential, balancing luxury and lifestyle with future growth prospects in highly sought-after areas.

Foghel is marketing two developments that offer each of the 'Three V's.'

One of the most unique projects on the market in the Eastern Suburbs is Mangata, the latest luxury development from&nbsp;<a href="/developers/rnb-property-group">RnB Property Group</a> in&nbsp;<a href="/developments/vaucluse-nsw-2030">Vaucluse</a>.

<a href="/new-apartments/mangata-27-29-kimberley-street-vaucluse">Mangata</a>, named after the Swedish word meaning 'the road-like reflection of moonlight on water', comprises just four full-floor apartments positioned on&nbsp;the iconic Federation Cliff Walk, offering panoramic views from Dover Heights to Watson's Bay.

<a href="/news/nsw/what-are-new-apartment-buyers-in-sydneys-eastern-suburbs-looking-for-matterfact-insight">What are new apartment buyers in Sydney's Eastern Suburbs looking for? MatterFact Insight</a>

[smartcode_project:default project_id=144130 project_image_fid=256793]

The most recent release has been in <a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a> where <a href="/project-marketer/1st-city-projects">1st City Projects</a> is marketing Origami, the first <a href="/architects/koichi-takada-architects">Koichi Takada</a>-designed development in Bondi Junction.

<a href="/new-apartments/origami-bondi-junction-55-grafton-street-bondi-junction">Origami</a>, developed and built by JQZ, comprises 88 one, two, three and four-bedroom apartments. Even the one-bedroom apartments toward the bottom of the building have never-to-be-built-out harbour views.

[smartcode_project:default project_id=9002 project_image_fid=296377]

The Grafton Street development features a range of commercial spaces on the ground level that can be customised by their owners to be anything from a home gym, office, or music studio.

Residents will have access to a rooftop pool with extensive harbour views.

[smartcode_project:default project_id=9002 project_image_fid=296388]

The development, with a 24/7 concierge and smart parking system, will reset price records for Bondi Junction.

"This will no doubt be Bondi Junction's best new development," Foghel says.

"JQZ changed the density and design of the building when they bought the site a few years ago to make sure it stands the test of time as the standout building in the area."

The "Three V's" Eastern Suburbs new apartment buyers are seeking

West Residences in Mount Lawley is the latest offering from the award-winning local developer, Willing Property.&nbsp;

Located on West Parade, <a href="/new-apartments/west-residences-mount-lawley-141-west-parade-mount-lawley">West Residences</a>&nbsp;features a limited collection of 29 two and three-bedroom residences, ideally positioned within walking distance of the Swan River and the vibrant Beaufort Street retail strip, just 2.5 kilometres from Perth’s CBD.

We recently visited the display suite at 678 Beaufort Street in <a href="/developments/mount-lawley-wa-6050">Mount Lawley</a>&nbsp;and spoke with Butler Property's executive Steve Plummer and senior sales executive Jayson Watson to find out more about what's on offer.

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Inspired by the iconic Flatiron building in New York, <a href="/architects/klopper-davis-architects">Klopper and Davis Architects</a> have crafted West Residences to stand out as a significant architectural landmark in Perth.

The development's design responds to the unique angular site with generously proportioned floor plans and expansive private balconies that offer panoramic views of the city, river, and surrounding hills.&nbsp;

[smartcode_project:default project_id=138755 project_image_fid=280563]

Each residence is thoughtfully designed with high ceilings, excellent solar access, and efficient ventilation to ensure a spacious and comfortable living environment.

Residents will enjoy access to a range of amenities, including a level three orangery, a walkable citrus garden with dining areas, and spaces for yoga.&nbsp;

[smartcode_project:default project_id=138755 project_image_fid=280575]

The development prioritises sustainability, with common areas powered by solar energy.&nbsp; Additional features include secure parking, private storerooms, and bicycle storage.&nbsp;

<a href="/developers/willing-property">Willing Property</a>&nbsp;has an in-house hospitality team that will operate the ground floor cafe upon building completion, while their in-house construction arm has already kicked off construction on West Residences. They expecting completion in 2026.

[smartcode_project_cta:default project_id=138755]

Willing Property has an in-house hospitality team that will operate the ground floor cafe upon building completion, while their in-house construction arm has already kicked off construction



Inside West Residences, Mt Lawley new apartments by Willing: Urban display suite tour

The new and off the plan apartment market in Sydney's Lower North Shore is going from strength to strength, as the new Sydney Metro expands its footprint further north.

One suburb already benefitting is Chatswood, one of the most northern commercial hubs in Sydney.

Capitalising on the Metro boom, which has been felt across all of the new Metro suburbs but particularly those from <a href="/developments/north-sydney-nsw-2060">North Sydney</a> to the Hills District, is Melbourne-based developer Goldfields.

<a href="/developers/goldfields-group">Goldfields</a>&nbsp;honed in on Chatswood when they were looking for a site to develop their first Sydney high-rise apartment building.

<a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a>,&nbsp;one of the first developments approved under the new <a href="/developments/chatswood-nsw-2067">Chatswood</a> CBD Planning and Urban Design Strategy, comprises 70 apartments across a 26-level Make Architects-designed building just 550 metres from the newly opened Chatswood Metro Station.

[smartcode_project:default project_id=21170 project_image_fid=210274]

The one, two and three-bedroom apartments will sit above a retail podium.

The Bryson’s architecture features four vertical ceramic blades that define the building’s form and curate apartment views, while also managing daylight and ventilation.&nbsp;

This design element is intended to blend with the local context, taking cues from the earthy tones of nearby brick buildings, while the apartment interiors are crafted to balance city living with a sense of retreat, featuring open-plan living spaces that extend to private balconies.

[smartcode_project:default project_id=21170 project_image_fid=210266]

The Bryson also focuses on resident wellbeing, offering communal spaces that include a lap pool, yoga terrace, and landscaped gardens.

Goldfields has a diversified development portfolio across Sydney, Brisbane and Melbourne.

They <a href="/news/vic/goldfields-ready-new-150-million-mixed-use-development-in-richmond">recently revealed plans</a> for a new development in <a href="/developments/richmond-vic-3121">Richmond</a>.

[smartcode_project_cta:default project_id=21170]

The Bryson was one of the first developments approved under the new Chatswood CBD Planning and Urban Design Strategy

The Bryson of Chatswood to take advantage of Sydney Metro boom

The recent opening of the final stage of the $2.6 billion motorway connecting Sydney Airport to the WestConnex toll network marks a significant milestone for Sydney’s infrastructure.&nbsp;

The new Sydney Gateway provides a direct connection between the airport and Sydney’s major sporting and event precincts, with travel times now expected to be less than 20 minutes.

Set to benefit from the new road and tunnel upgrades is the recently completed Sapphire and <a href="/buildings/ruby-apartments-lidcombe-1-kingfisher-street-lidcombe">Ruby Apartments</a> by developer YMCI Australia.

[smartcode_project:default project_id=143641 project_image_fid=289363]

Located just minutes from the heart of Sydney Olympic Park, Ruby Apartments offers residents extensive connectivity to the rest of Sydney. The new Sydney Gateway is just another added convenience to residents who are well-serviced by the Sydney Train network.

"The Sydney Gateway is a gamechanger for our residents," said Australia AYMCI Director Jason Tan, empahsising the transformative impact of the Sydney Gateway on Ruby Apartments.

"It will dramatically cut travel times to key destinations like the Sydney CBD, Parramatta, and Sydney Airport, making Ruby Apartments an even more attractive choice for professionals and families alike."

[smartcode_project:default project_id=143641 project_image_fid=247480]

The transport connections strengthen the prospect of living in Sydney Olympic Park which offers a more affordable option for those who need to commute to the city.

"The increased accessibility brought by the Sydney Gateway will undoubtedly enhance the value of properties within the Sydney Olympic Park precinct," Tan added.

"This infrastructure project is set to elevate the status of Ruby Apartments, making it not only a great place to live but also a sound investment for the future."

[smartcode_project:default project_id=143641 project_image_fid=247476]

A handful of the remaining apartments are priced under $800,000. Those apartments fall within the threshold for full stamp duty concessions under the NSW Government First Home Buyers Assistance Scheme.&nbsp;

Read more:&nbsp;<a href="/news/nsw/0-stamp-duty-incentive-drawing-first-home-buyers-to-ruby-apartments-in-sydney-olympic-park">$0 stamp duty incentive drawing first home buyers to Ruby Apartments in Sydney Olympic Park</a>

In another bonus for Ruby residents,&nbsp;YMCI Australia is also set to be a retail promenade on the ground level of Ruby. Six retail shops are soon to hit the market, which can cater for several uses, from cafes and restaurants to convenience stores and clothes stores.

"A vibrant retail scene is essential to creating a lively community, and with the Sydney Gateway increasing accessibility, we are confident that Ruby Apartments will become a central hub for both residents and visitors," Tan said.

"The future is incredibly bright for those who choose to make Ruby their home."

[smartcode_project_cta:default project_id=143641]

Located just minutes from the heart of Sydney Olympic Park, Ruby Apartments offers residents extensive connectivity to the rest of Sydney

Sydney Gateway opening a gamechanger for Sydney Olympic Park precinct

ASX-listed developer,&nbsp;Mirvac, has commenced the main tower construction at Trielle at Yarra’s Edge, its new apartment development in <a href="/developments/docklands-vic-3008">Docklands</a>.

The construction commencement, through Mirvac's inhouse building arm, follows the successful progression of early site works along the 130-metre stretch of riverfront promenade.

[smartcode_project:default project_id=114216 project_image_fid=211509]

The $350 million&nbsp;<a href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle at Yarra’s Edge</a>&nbsp;is&nbsp;part of Mirvac's $1.2 billion master plan for the Docklands waterfront which kicked off over two decades ago. Now over 3,000 residents call it home.

Trielle, comprising around 191 apartments, is one of Mirvac's most amenity-laden developments they've ever produced.

The Oasis Wellness Club, a verdant urban rainforest with a trickling stream located seven stories above the Yarra's Edge promenade, has been designed&nbsp;in collaboration with spa expert Naomi Gregory.&nbsp; The Scandinavian-inspired wellness club features a&nbsp;biophilic gym, complete with state-of-the-art equipment, a yoga and pilates room, and a sauna, as well as hydrotherapy pools.

[smartcode_project:default project_id=114216 project_image_fid=211523]

There is a large lap pool in Trielle, as well as two spaces dedicated to working from home, The Biblioteca and The Mills Place Work From Home Pods.&nbsp;

&nbsp;

Located on the north-facing bank of the Yarra River, just two kilometres from Melbourne’s CBD, Yarra’s Edge features parks, playgrounds, a 1.3-kilometre riverfront promenade, retail and dining options, and a marina.&nbsp;

<a href="/developers/mirvac">Mirvac</a>&nbsp;is expecting to complete the 45-level Trielle by mid-2027.

[smartcode_project_cta:default project_id=114216]

Mirvac is expecting to complete the 45-level Trielle by mid-2027

Mirvac begin build of Trielle apartment development in Docklands

Two and a half years ago, when I was looking at the Broadbeach market in particular, I wrote a piece looking at the Broadbeach market.

"Why it's all about Broadbeach in 2022," was the article headline.

Fast forward to the present, and it's still all about Broadbeach. The fundamentals haven't changed, and interest in the market has continued from both developers and buyers.

Broadbeach has everything, from the famous Gold Coast beach to the amenity of the new Star Casino and the Gold Coast Convention and Exhibition Centre.&nbsp;

During 2021 and 2022, the suburb gained immense popularity among interstate investors, with inquiries from those seeking off the plan apartments from New South Wales and Victoria exceeding 40 per cent, data from <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, Urban's new data product, showed.

While enquiry has declined from the peaks when the southern states were in and out of lock down,&nbsp;<a href="/developments/broadbeach-qld-4218">Broadbeach</a> is still consistently one of the most enquired on suburbs across the Gold Coast on <a href="/">Apartments.com.au</a>.

Now local owner-occupiers dominate the market, while first home buyers are acting quickly to secure the first release of apartments knowing they're in competition for the entry level apartments with a still higher than normal interstate investor audience.

First home buyers now make up less than a fifth of the Broadbeach market given the huge price growth during the pandemic.

Data gathered from property data analytics firm, CoreLogic, showed the rolling annual growth from September 2020 jumped from 3.3 per cent to 37.2 per cent in September 2021. It remained well above 30 per cent until early 2022 when growth started to cool.

While declines were felt for just a few months in 2023 when nationally the country was going through a correction due to interest rate increases, growth has again picked up, with the rolling annual growth now stable between 10 and 15 per cent over 2024.

Barry Morris' Morris Property Group has known the draw of Broadbeach for nearly three decades. It was in the 1990s when Morris delved into Broadbeach. Now they're delivering their 10th and 11th projects in the suburb, with only a handful outside of the suburb over the last 25 years.

"Buyers love Broadbeach because it offers beachside living with metropolitan amenities, which is what the market is after," Morris told Urban back in 2022.

Morris has waited until they've nearly completed construction before launching <a href="/buildings/malo-broadbeach-8-jubilee-avenue-broadbeach-qld-4218">Malo Broadbeach</a>, just 16 half-floor apartments near the Gold Coast Convention and Exhibition Centre.

[smartcode_project:default project_id=112549 project_image_fid=293546]

The launch of Malo comes hot on the heels of success from <a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> nearby. Launched late last year, Crest, which comprises 182 two and three-bedroom apartments, has sold well over half of its apartments and recently kicked off construction through their in-house building arm.

There's no chance of Morris slowing down in Broadbeach either, however it's becoming more difficult to acquire a development site in the small 1.4 square kilometre suburb perfectly positioned between the bustling Surfers Paradise and the quieter Mermaid Beach.

They do have another tower lined up to launch before the end of the year.

Similar to Malo, <a href="/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison Broadbeach at 22 Chelsea Avenue</a>, will comprise just 18 three-bed apartments across a 20-level building.

[smartcode_project:default project_id=112024 project_image_fid=286004]

It was the draw Broadbeach that lured Sydney billionaire Sam Aranout's Iris Capital to the Gold Coast. They spent a reported $58 million on the landmark Niecon Plaza in 2021.

Not many developers can boast a $1 billion-plus development as their first in many states. Of course, Iris has a huge pedigree in both the residential development and hotel market. They're behind the $1 billion Newcastle placemaking development, East End, and own a string of hotels across the country.

[smartcode_project:default project_id=107928 project_image_fid=234100]

<a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, or V&amp;A as it's been more commonly referred to, comprises just over 400 apartments across two towers in the heart of Broadbeach.

The towers will have some of the most amenity ever produced on the Gold Coast, with a 25-metre lap pool, a fully equipped gym, a yoga deck and a resident’s lounge. The podium will also feature a children’s area, a Zen garden, and an outdoor dining and barbecue area adorned with lush green landscape.

Residents will sit above, and have direct access to, the full commercial precinct that will occupy the ground and podium levels and will home a suite of hand-selected retailers.

[smartcode_project:default project_id=107928 project_image_fid=234097]

<a href="/developers/mosaic-property-group">Mosaic Property</a>, one of South East Queensland's most prominent builder developers, is approaching completion of its two Broadbeach apartment developments, <a href="/buildings/marella-146-surf-parade-broadbeach">Marella</a> and <a href="/new-apartments/lily-by-mosaic-4-rosewood-avenue-broadbeach">Lily</a>, the debut apartment towers by Mosaic in Broadbeach.

When speaking to Mosaic CEO Brook Monahan in 2022, he said there's a lot of nostalgia with Broadbeach for a lot of residents in South East Queensland.

"It's a very nostalgic place for a lot of people who would have come to Broadbeach and holidayed as kids," Monahan says, adding that the walkability factor puts Broadbeach ahead of other Gold Coast suburbs.

"You can walk to 75 coffee shops/resultants, the light rail, or the surf club in minutes, as well as being on the doorstep of Pacific Fair shopping centre and the casino, which makes it one of the most appealing areas up and down the coast."

[smartcode_project:default project_id=112611 project_image_fid=206451]

The Broadbeach apartment development pipeline is possibly not as large as it was in 2022, but there are several major developments coming up.

<a href="/developers/amalgamated-property-group">Amalgamated Property Group</a> and joint venture partner Base Developments are preparing to launch its second Broadbeach development, Affinity Broadbeach, following the success of <a href="/new-apartments/amaya-at-broadbeach-30-first-avenue-broadbeach-qld-4218">Amaya Broadbeach</a> on First Avenue, around 700 metres away from the new project.

Amaya, under construction and slated for completion next year, features 120 apartments and is 95 per cent sold.

<a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a> will follow a similar footprint, with 185 two and three-bedroom apartments, also designed by DBI.

The recreational amenities for residents will be situated on the fourth level, offering a range of facilities such as a swimming pool, residents' lounge, community living area with barbecue and outdoor dining space, gardens, gym, sauna, and a yoga/meeting room.&nbsp;

The Abedian family, who founded Sunland, is set for its first Broadbeach development having secured two side-by-side sites on Mary Avenue, opposite the Broadbeach State School.

Now under their new private family development company,&nbsp;<a href="/developers/arium">Arium</a>, bought the amalgamated 1,518 sqm site across 14-18 Mary Avenue that had been earmarked for Eternity, the second Broadbeach tower by Leo Sarris's Bassar Group following on from their nearby completed project Infinity. Then they bought the 600 sqm next door at 20 Mary Avenue from&nbsp;<a href="/developers/little-projects-co">Little Projects</a>, creating a development site of over 2,100 sqm.

Since Urban revealed the purchase back in April, <a href="/developers/arium">Arium</a> is yet to reveal what it's doing with the site. A few weeks later, Urban again revealed another site purchase, also in Broadbeach.

They secured a 516 sqm site at&nbsp;<a href="/new-apartments/11-anne-avenue-broadbeach">11 Anne Avenue</a>&nbsp;from&nbsp;the&nbsp;Brisbane-based&nbsp;<a href="/developers/di-carlo-property-group" target="">Di Carlo</a>&nbsp;Property Group, who had approved plans for a 17-level tower with 15 full-floor, four-bedroom apartments.

During 2021 and 2022, the suburb gained immense popularity among interstate investors, with inquiries from those seeking off the plan apartments from New South Wales and Victoria exceeding 40%

Why it's all about Broadbeach...still

Paddington's Given Terrace, the main high street in the popular Brisbane suburb, is set to be transformed with Core Property Partners and P&amp;MV Constructions teaming up to deliver a new mixed-use precinct.

The proposed development of the 2,830 sqm site at 208-220 Given Terrace seeks to retain and restore the village feel of the character retail strip, alongside the introduction of 12 luxury apartments, 31 short-stay accommodation suites and an activated laneway.

Speaking on behalf of P&amp;MV Constructions, Nick Vidakovic said the proposal presented a once-in-a-generation opportunity to reinvigorate the prominent high street and attract more visitors back to Paddington’s retail heart.

“We believe by transforming this part of Paddington into a precinct, rather than a destination, will improve foot traffic not only on Given Terrace, but also on Latrobe Terrace,” Vidakovic said.

“A new laneway connecting the precinct to the neighbouring childcare centre has been designed as a civic space that includes a timeline of the area’s history, dating back to 1881.

“Hopefully this will kick off a broader rejuvenation of the area, which will benefit all local businesses in and around the Terraces.”

<img alt="Paddington" data-entity-type="file" data-entity-uuid="0f81b50d-12ed-46b1-bad1-9f4586bb5fbe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-04%20at%208.53.26%E2%80%AFAM.png?VersionId=Mp4Bv.608jqi1ip2vFuCcbEAZADU.uN." />

Core Property Development Manager Bikram Kaler said a focal point of the proposal is the restoration of the commercial character retail strip to accommodate artisan providores, restaurants and cafes.

“Given Terrace is the original heart of Brisbane’s high fashion and café culture, however in recent years it has lost some of that lustre,’’ Kaler said.

“The proposed development seeks to preserve Paddington’s character and reinvest in the prominent retail strip so that it attracts more food and fashion lovers to the high street.

“The introduction of a five-storey boutique residential building, set back from the character facade, will deliver 12 three-bedroom apartments with extensive greenery, rooftop amenities, and unobstructed views over the Brisbane CBD, Paddington Hill, and Red Hill’s landmark St Brigid’s Church.

“A second four-storey building will comprise 31 short-stay heritage suites, recognising the site’s close proximity to Suncorp Stadium and key Olympic precincts.”

The buildings will be connected by an activated laneway showcasing the suburb’s history and community pioneers dating back to the 1880s. It will be named “Hanlon Lane” in homage to Michael Edward “Ned” Hanlon, the former Queensland Premier (1946-52).

Designed by David Hansford of acclaimed local DAH Architecture, the project draws inspiration from the suburb’s unique ‘tin and timber’ homes and Brisbane’s contemporary sub-tropical lifestyle.

Kaler said the mixed-use precinct will have a front row seat to the 2032 Olympics.

“Paddington is well connected to the city’s top sporting and entertainment sites, with the transition of Given Terrace to Caxton Street providing seamless pedestrian access to Suncorp Stadium, The Barracks, and the proposed Brisbane Live precinct at Roma Street,” he said.

“Enhancing the existing retail spaces and providing a mix of residential and short stay accommodation will encourage increased visitation, create new jobs and deliver a positive economic impact for the suburb in the lead up to the 2032 Olympics and beyond.”

First look: Paddington's Given Terrace set for luxury makeover

A new apartment development that was pitched for affordable rental units two years ago, has been reconfigured to bring fresh new injection of apartment supply to <a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a>.

The 2022 plans by&nbsp;Bondi Road Development, an entity tied to Charras&nbsp;Constructions Director&nbsp;Constantinos Charalambous, had sought to create two towers with 41 apartments, over half of which would have been reserved for affordable rental housing.

Those plans have now been scrapped and new designs by MHN Design Union plan for 46 apartments. They're seeking to tap into the new 30 per cent height bonus uplift, above the maximum building height of 28 metres, by dedicating 15 per cent to affordable housing.

The 11-level buildings would still sit comfortably below the 36.4m allowable height.

"The proposal sits sympathetically within its context," MHN Design Union wrote in its design statement submitted to the Waverley Council.

"The proposed height and scale is compatible with other surrounding developments, sitting amongst the high-rise buildings to the south, east and west of the site.

"The bulk and scale is reduced through the articulation of two, more slender and very distinct built forms that connect at the rear of the site."

Six one-bedroom apartments have been proposed, as well as 21 two-beds ranging in size from 72 sqm to 97 sqm, and 19 three-bed apartments that span between 124 sqm to the larger penthouses at 240 sqm plus. They feature their own private landscaped area with a plunge pool.

"This unit mix is consistent with market demand and represents a wide range of apartment typology," MHN Design Union added.

"It will suit the demographic mix of families and downsizers living within the area."

The site is located at 7-19 Bondi Rd, at the eastern edge of Bondi Junction. It comprises a consolidation of five separate lots, 7-9, 11, 13, 15, and 17-19 Bondi Road.

"This unit mix is consistent with market demand and represents a wide range of apartment typology," MHN Design Union noted.

First look: Bondi Junction plans revised to bring fresh new apartment supply

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]

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]

Joel Robinson

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