Sydney-based property finance and development company, Moshav Financial, has released the vision for its fourth luxury residential project in Sydney’s eastern suburbs.

Located in upmarket Vaucluse, <a href="/new-townhouses/hillside-8-hillside-avenue-vaucluse">Hillside</a> will comprise just four residences designed by renowned architecture firm <a href="/architects/luigi-rosselli-architect">Luigi Rosselli Architects</a>.&nbsp;

There are two freestanding six-bedroom homes, Terreno, which is Italian for Earth, and Mare, translated to sea. Two semi-detached residences, Cielo (Sky) and Luce (Light) each have four-bedrooms and outdoor areas that celebrate the Harbour views.

Inspired by his childhood memories of holidays in Italy, Rosselli has designed the modern residences with feature columns recalling the Acropolis, and carefully crafted details such as handmade terracotta brise soleil that frame the views.

<img alt="Moshav" data-entity-type="file" data-entity-uuid="698c46ba-97d7-4583-985f-8c1b8a5645c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-03%20at%2010.23.12%20am.png?VersionId=NsyTw1pXMpH4Q00_0GqZVcTSL33D9uEL" />

Tal Silberman, Group Managing Director of <a href="/developers/moshav-financial">Moshav Financial</a>, said Hillside will feature the exemplary design and craftmanship that is a hallmark of the company’s elite Eastern Suburbs projects.

“These residences needed to be designed to reflect and showcase their exceptional location, and so we wanted a design that not only elevated the area, but truly maximised every potential view of Sydney Harbour,” Silberman said.

“Our goal is to create an address of enduring stature, with residences hat are architecturally significant, and which stand as trophy homes for generations to come.

“It’s not often you have the opportunity to develop a project of this magnitude, so we have also collaborated with partners that we know will deliver these residences to the standard this project deserves.”

<img alt="Moshav" data-entity-type="file" data-entity-uuid="bd601deb-5e1b-41e2-8ca7-54598745a0f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-03%20at%2010.22.37%20am.png?VersionId=XE0P15lUYiiJbljUNX0yeaKwJuddvwZr" />

Moshav Financial has appointed Lords Group as the project’s builder partner, after the two companies worked closely on AYA Penthouse Bondi Beach and Verdical Bondi Junction.

Interior designer Tania Handelsmann, from award-winning firm Handelsmann + Khaw, has been selected to deliver interiors that marry the contemporary with the timeless.&nbsp;Handelsmann was named as one of Vogue Living’s Top 50 Designers in both 2023 and 2024.&nbsp;

“Every element at Hillside has been specified to the highest standards, with unique and meticulously crafted features including sculptural marble benchtops and luxurious bespoke joinery," Handelsmann said.

“We’ve sought to bring the project vision into every detail of the interior design, to create a polished yet accessible brand of heritage-informed elegance, with cleverly curated furnishings, surfaces and details adding further depth, charm and classic romanticism.”

Eddie Mansour, <a href="/project-marketer/ray-white-projects">Ray White Projects</a> Managing Partner who is handling the sales of Hillside, says it&nbsp;offers a rare chance for discerning purchasers to secure an elite home in one of the city’s most prestigious suburbs, located in a private pocket that overlooks the glittering city.

“Everything about Hillside is unrivalled, and this project will be ideal for those who seek the comforts of a resort lifestyle at home, and who appreciate the finer details of these residences both inside and out,” Mansour said.

“With a highly desirable Eastern Suburbs lifestyle literally on their doorstep, featuring Sydney’s world-renowned beaches, dining and entertainment options, luxury shopping, and all the lifestyle touches you find in the east, Hillside’s lucky future homeowners will enjoy an incomparable existence.

“We anticipate we’ll receive plenty of interest from the cream of Sydney’s high net worth crowd, because Hillside is going to set a stunning benchmark for luxury living, not only in Sydney, but also internationally, as it gets set to make its mark in real estate history.”

Tal Silberman, Group Managing Director of Moshav Financial, said Hillside will feature the exemplary design and craftmanship that is a hallmark of the company’s elite Eastern Suburbs projects

Joel Robinson

Moshav reveal luxury Vaucluse new development, Hillside

Prolific Australian developer Billbergia, in partnership with Homes NSW, is on track to deliver 1,300 new dwellings across Greater Sydney by 2026, including critically needed new social and affordable housing providing new homes for 3,000 people.

With a combined value of over $1.3 billion and spanning three mixed-tenure developments at <a href="/new-apartments/lidcombe-nsw-2141">Lidcombe</a>, <a href="/new-apartments/west-ryde-nsw-2114">West Ryde</a> and <a href="/new-apartments/arncliffe-nsw-2205">Arncliffe</a>, all three projects are designed, funded and delivered by <a href="/developers/billbergia">Billbergia</a> on NSW Government land sites adjacent to key transport hubs.

Presenting an innovative solution to the ongoing housing crisis, these mixed-tenure projects are the result of a partnership between Billbergia, Homes NSW and Community Housing Providers (CHPs) Evolve Housing Group and St George Community Housing (SGCH).

Both Lidcombe and West Ryde have been delivered in the past six months and over 1,300 residents have already moved into their 526 new homes. Both of the successful developments are working in partnership with Evolve Housing for tenancy management services.

<img alt="Ryde" data-entity-type="file" data-entity-uuid="7e233d77-3c75-44db-ba4f-89d719fb9722" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-03%20at%208.56.06%20am.png?VersionId=WCwN_ewQN4Lw18A3mmw0ath9glqqL2bG" /> 
A building in the completed The Parade, West Ryde: Image supplied

Construction is also well underway on a third collaboration project – this time with two CHP’s - Arncliffe Central - comprising 804 new apartments in Sydney’s inner south and earmarked to be the largest-mixed tenure housing development to date – with both Evolve and SGCH.

The three projects are delivering diverse and affordable housing outcomes, with 41 per cent of dwellings at Lidcombe Rise being social and affordable, 20 per cent of The Parade at West Ryde dedicated to social housing, and project partners seeking support to deliver almost 75 per cent of dwellings at Arncliffe as social, affordable 
and essential worker rental housing.

[smartcode_project:default project_id=134630 project_image_fid=206219]

Billbergia Development Director Rick Graf said the&nbsp;ability to deploy government land assets for redevelopment makes it uniquely feasible to deliver high-quality social, affordable, and private-market homes at scale, helping to address the housing shortage.

"Our partnerships with Homes NSW, Evolve Housing and St George Community Housing, allow us to redevelop government land into thriving and highly connected mixed-tenure communities,” Graf said.

With construction now well underway, Arncliffe Central is located next to Arncliffe train station and comprises 804 apartments over four individual towers.

Set above a retail podium with a new public park, a childcare centre, and a community centre and library, it will deliver a landmark 196 dwellings dedicated to social housing – and pending further support from government partners an additional 406 affordable and essential worker rental homes.

[smartcode_project:default project_id=134630 project_image_fid=206231]

Private apartments rapidly sold off the plan within <a href="/buildings/lidcombe-rise-2-36-church-street-lidcombe">Lidcombe Rise</a> and The Parade, with almost 90 per cent sold to owner-occupiers, reflecting the strong market appetite for transport-oriented mixed-tenure developments.

Saul Moran, Development Director of Planning &amp; Design at Billbergia, said their projects are testimony to what can be achieved through private and public sector collaboration with community housing providers, unlocking significant social and economic benefits.

"It is clear that tri-party partnerships present a compelling solution to Sydney’s ongoing housing shortage and affordability issues."

Saul Moran, Development Director of Planning & Design at Billbergia, said their projects are testimony to what can be achieved through private and public sector collaboration with community housing providers

Billbergia to deliver 1,300 new dwellings across Greater Sydney by 2026

2022 and 2023 have been the year of the downsizer and rightsizer demographic in the Melbourne off the plan apartment market

<a href="/developers/osk-property">OSK Property</a>'s $2.8 billion <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a> precinct has proven to be one of the most popular projects on Urban in 2023, and continues to be in 2024, with newly completed and off the plan opportunities.

OSK has the final apartments in the completed East and West Towers on Kavanagh Street, as well as the recently launched <a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> which is slated for completion in late 2026.

[smartcode_project:default project_id=2929 project_image_fid=255378]

Downsizers have come from all over to take advantage of the rare opportunity to move closer to the city. Williamstown downsizer Moira has been living in Melbourne Square for the last two years. The 63-year-old and her partner secured a three-bedroom apartment in one of the completed towers.

Moira said the unprecedented quality of finish and amenities at Melbourne Square, as well as its location and security, were the driving factors behind their&nbsp;purchase.

[smartcode_project:default project_id=2929 project_image_fid=200857]

Each completed tower features two levels of amenities on the podium, including a 50-metre swimming pool, a gym, seating and lounge areas, and several dining spaces.

"I use the eighth-floor gym up to five times a week, helping me keep fit and do bone-strengthening exercises for my osteoporosis," Moira says.

"We have used the outdoor pool with grandkids often, mainly in summer," Moira says, adding that the 54th-floor spa serves as a retreat for both her and her partner, offering a space for relaxation and de-stressing. Both her sons and grandsons have used the recently opened basketball courts outside.

"The diversity of age groups and ethnicities is also very warming to see, young and old. All life-stages live here, and enjoy the great location and amenities."

[smartcode_project:default project_id=2929 project_image_fid=201013]

Moira has also used the bookable function rooms when she's entertained family and friends.

"The quality of the rooms and facilities is excellent, from the premium lounger through to the dining room and demo kitchen on the eighth floor. There is a function room to suit nearly all occasions, and based on our extensive review of other inner-city apartment options, has by far the best facilities we saw."

Over 6000 sqm of public space has been included across the ground floor of the towers, with a landscaped public park, along with several green spaces and walkways, in addition to a full-line double-storey Woolworths and retail and dining options&nbsp;including a restaurant, café and bottle shop.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=200843]

Moira says she heads to Woolworths almost every day, given it's so close to the building, and she visits the sushi bar, Malaysian restaurant Sama Sama, and the fresh bakery frequently.

Moira and her partner have embraced the Melbourne Square community and are kept updated through the building’s WEWumbo app on all social initiatives, from wine clubs and book clubs to occasional big events like the&nbsp;Grand Prix or Lunar New Year that ignite the precinct.

Melbourne Square is also drawing lots of locals, showcasing the precinct's appeal as a central hub for residents and visitors.

"With its garden areas for dog walkers, other meeting areas, and retail venues having been introduced, it is clearly drawing lots of locals to Melbourne Square, beyond the current towers' residents," Moira suggests.

[smartcode_project:default project_id=2929 project_image_fid=255379]

The walkability factor at Melbourne Square was another major drawcard for Moira and her partner.

"We love to walk whenever we can and the central location to everything is a main attraction of living at Melbourne Square. We walk to the footy, to the city, to the markets - everywhere we can. My son came over from the UK and he walked around the Botanical Gardens, Albert Park Lake and down to the beach, South Melbourne Market, and into the city. Everything is on our doorstep here."

The final apartments remain in Melbourne Square's complete East and West Tower, while BLVD is Melbourne Square's latest off the plan tower.

[smartcode_project_cta:default project_id=2929]

Why I bought an apartment at Melbourne Square: Urban Buyer Q&A

Developer Top Spring Australia nabbed one of the best sites in St Leonards when they secured a 1.2-hectare site across the road from Newlands Park.

When they started to put together the plans for their multi-stage precinct, The Newlands, they already had one of their biggest selling points, the location.

<a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, at 21-41 Canberra Avenue, is surrounded by nature. There's parks, ovals, bushland reserves and the Lane Cove River, as well as the convenience of being within walking distance of transport connections, St Leonards shopping and dining precinct and some of <a href="/new-apartments/sydney-nsw">Sydney</a>’s best-known schools and healthcare facilities.

"The location offers city convenience and accessibility with a village lifestyle – not to mention opportunities for rest, respite and active exercise,” <a href="/developers/top-spring-australia">Top Spring Australia</a>'s Managing Director Sydney Ma said.

“Overlooking Newlands Park, with deep generous setbacks from any surrounding roads, The Newlands occupies a prime position in the St Leonards South precinct which forms a key part of the broader <a href="/developments/st-leonards-nsw-2065">St Leonards</a> Crows Nest 2036 revitalisation plan."

[smartcode_project:default project_id=24509 project_image_fid=234815]

Newlands Park, located right on the doorstep of the development, known locally as ‘long slippery dip park’ features a shaded kid’s playground, an off-leash dog area, BBQ facilities, and ample space for recreational activities.

Just across River Road from <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a> is the entrance to another park that spans from Russell Street to Milray Avenue. Smoothey Park marks the beginning of a network of interconnected bush parks and walking tracks that stretch down to Sydney Harbour.

Connectivity is a key advantage of The Newlands, with St Leonards Station just a seven-minute walk from the development. Alternatively, the Greenwich Ferry Wharf is a five-minute drive away, a commute only those who live or work near the harbour get to appreciate.

[smartcode_project:default project_id=24509 project_image_fid=257583]

“St Leonards is known for its proximity to the quieter suburbs of Wollstonecraft, Greenwich and Waverton, and future residents will benefit from access to the established amenity, from childcare, healthcare and education, to transport, retail and hospitality, as well as the new Crows Nest metro line,” Ma added.

Residents of The Newlands will be close to various shopping options right across from each other, such as BWS, Mall 88, and Coles just a five-minute walk from the property.

Foodies will find themselves spoiled for choice along Pacific Highway, only a ten-minute walk away. An array of cafes and restaurants line the street, including international cuisine from Sekka Dining and Malabar Indian, and coffee from Layers Sydney and Not Bread Alone Restaurant &amp; Cafe.

[smartcode_project:default project_id=24509 project_image_fid=263845]

Families will appreciate the range of reputable schools within one kilometre of The Newlands, including Reddam House, one of Australia's most prestigious educational establishments. There's also Greenwich Public School, North Sydney Public School, Bradfield College, North Sydney Girls High School, North Sydney Boys High School, St Mary's Catholic Primary, and the Australian Catholic University.

Healthcare is within a 15-minute walk away, with Royal North Shore Hospital and North Shore Private Hospital next to each other, while the Mater Hospital is just a four-minute drive south of The Newlands.

The Newlands is a brand-new masterplanned community comprising five buildings offering a total of 323 apartments and terrace homes upon completion. Top Spring Australia recently released the second and final stage of the project. The two buildings, Sage and Gaia, will form the heart of the project and will have 112 apartments spread across both buildings.

The Newlands is slated for completion by builder <a href="/builders/dasco-australia">DASCO</a> in September 2025.

[smartcode_project_cta:default project_id=24509]

"The location offers city convenience and accessibility with a village lifestyle – not to mention opportunities for rest, respite and active exercise,” Top Spring Australia's Managing Director Sydney Ma said

How The Newlands St Leonards location offers calmness and convenience for future residents

DVB Projects, the developer behind Broadbeach's Sea Glass development that is currently in market, is doubling down in the burgeoning suburb.

<a href="/developers/dvb-projects">DVB</a>, led by Dean Brown, has filed plans for a similar tower at&nbsp;<a href="/new-apartments/137-old-burleigh-road-broadbeach">137 Old Burleigh Road</a>, a 1,156 sqm site near the Old Burleigh Road and Queensland Avenue roundabout that is currently home to the 12-unit, 1980s block Gala.

They've called on Rothelowman again to handle the design of the 105-metre, 32-level building that will have 39 half-floor and full-floor apartments and a two-level penthouse.

<img alt="DVB" data-entity-type="file" data-entity-uuid="292794d9-d7da-43b6-b458-eabcdde8e3ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%208.48.34%20pm.png?VersionId=cti1h78o8EI0cHGfXrMI2quX_XO_JaO7" />

The apartments will rise from level seven, above an extensive podium and three basement levels that will home 93 parking spaces and a whole floor of amenities on the sixth level of the podium. That will feature a&nbsp;20-metre infinity pool, hot and cold plunge pools, a gym with a sauna, a barbecue and alfresco area and a private kitchen and dining space.

Above the half-floor apartments will start. They will each have 230 sqm of internal living space and a further 25 sqm of balcony area.&nbsp;

The half-floors will run to level 21 where the full-floor, 460 sqm apartments kick in. They will have four ensuite bedrooms, one a master with a dressing room, as well as two living areas and a separate home office.

<img alt="DVB" data-entity-type="file" data-entity-uuid="a0d1f69c-ccce-49c1-9db8-234e1f0e1a54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%208.47.47%20pm.png?VersionId=B8bU9OWgeXk399Y3254Dzpdi3.utgHl4" />

Crowning the building will be another four-bedroom whole-floor apartment, but that will get a private rooftop level with a swimming pool and adjoining deck, a gym with adjoining lawn, and a kitchen and entertaining space with another terrace.

&nbsp;

&nbsp;

In their plans submitted to the Gold Coast City Council, Rothelowman said 137 Old Burleigh Road represents a unique approach in contextual urbanism and architecture.

"Situated one city block from the beach within a neighbourhood undergoing rapid gentrification, the site plays a pivotal role in the traditions and characteristics unique to beachside communities.

"The neighbourhood of Broadbeach projects a lifestyle of casual, social engagement and invitation; animated streets where life is on display. To ensure this preservation of character, the proposal seeks to engender a place which participates in these traditions and contributes to the evolution of local identity."

<img alt="DVB" data-entity-type="file" data-entity-uuid="7e32de7c-61c7-4892-86ed-82ccf1b273ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%208.48.15%20pm.png?VersionId=p602vkCsQfteIUQSQjSjriEbUYBRRNhg" />

They said the dwellings were imagined as a collection of beachside homes.

"The dwellings take form as a series of quarters for living and sleeping, each shaped by a series of directional vistas running across and through the space.

"Celebrating the notions of outdoor living and choice, occupants enjoy the benefits of flexibility and multi-modal living with operable partitions and alternative glazing arrangements to expand rooms into balconies and interstitial spaces.

"Designed from the inside out, the resultant façade exercises simplicity and restraint."

<img alt="DVB" data-entity-type="file" data-entity-uuid="d835c3fb-268b-4b2e-960b-9342bc335910" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29.png?VersionId=zE6hFDXbDj6sl3ljgfBrXitiZL5VzVY3" />

DVB secured approval for their debut Gold Coast apartment development, <a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a>, late last year, after working with council following its mid-2021 rejection.

Sea Glass, which will have 35 apartments, is located on the corner of First Avenue and Old Burleigh Road, around a kilometre north of the new project, just past Broadbeach Park.

Rothelowman said the dwellings were imagined as a collection of beachside homes

First look exclusive: DVB Projects doubles down in Broadbeach

Fresh off the back of redesigning their Coolangatta development on one of the best sights in the southern Gold Coast, the Abedian family, who have been at the forefront of Gold Coast development for four decades, is continuing to bolster its local development pipeline.

Urban can reveal the Abedian family, who is now operating under their private family development arm <a href="/developers/arium">Arium</a> having closed up Sunland in 2022, has secured several adjoining sites on Mary Avenue, Broadbeach, facing the <a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a> State School which means viewlines to the beach and the ocean are protected.

They 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.

Arium has now emerged as the buyer of the site next door at 20 Mary Avenue, a skinnier site at just over 600 sqm that had been owned by the Melbourne-based <a href="/developers/little-projects-co">Little Projects</a>.

<img alt="20 Mary Avenue" data-entity-type="file" data-entity-uuid="93a41b95-551b-44d5-a47e-e69d1797ceb3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%202.53.49%20pm.png?VersionId=Bc3ZEpvzo9gygkTPD6qkUBjgEt9mj87z" />

Little Projects secured the site in 2021 and initially laid plans for a skinny but luxury luxury whole-floor development dubbed Aperture.&nbsp;

Nearly all of the 29 apartments across the 34-level Elenberg Fraser tower were spoken for, with sales predominantly driven by the COVID-induced boom on the Gold Coast.

However, the Gold Coast City Council knocked back the project and Little Projects went back to the drawing board, cutting the tower in half and creating a curved facade. At the time&nbsp;of lodgement, the developer put the site up for sale but failed to find a buyer. The newly designed project, Atelier, is approved with council with 17 apartments.

The side-by-side sites now total over 2,100 sqm and allow Arium to create something more likely to be financially feasible compared to smaller buildings on narrower sites.

Sahba Abedian, son of Soheil Abedian who founded Sunland back in 1983, announced the family back in the development scene in May 2023 when they filed plans for a new luxury project on the Greenmount Beach Hotel site, a site that was bought from Sunland for over $42 million through an onmarket campaign.

They had planned for a <a href="/news/qld/first-look-abedian-familys-plans-for-coolangattas-greenmount-beach-hotel-site-revealed">spaceship-looking tower by Contreras Earl Architecture</a> that would have had 54 apartments across 16 levels. However, in March they sought to change up the design, instead opting to create a two buildings on the sprawling 7,071 sqm block which will have 63 apartments.

Arium is only using two of the three sites as part of the Coolangatta development. They advise a 2,934 sqm portion on the corner of Eden Avenue and Hill Street will be used for stage two of the project.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-abedian-family-completely-redesign-greenmount-beach-hotel-redevelopment-in-coolangatta">First look exclusive: Abedian family completely redesign Greenmount Beach Hotel redevelopment in Coolangatta</a>

<img alt="Abedian" data-entity-type="file" data-entity-uuid="595fbff3-f58a-4b38-a6b7-97d79499a463" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%203.02.25%20pm.png?VersionId=ZzN07l3CctC3zy3bTHQnbsdQxXKBI9TM" />

The Abedian family shut up shop of Sunland Group in 2022, shedding its assets and finishing its final tower, the luxury Mermaid Beach tower 272 Hedges Avenue.

Sunland was behind some of the Gold Coast's most well-known buildings, including Palazzo Versace and Q1.

When telling shareholders Sunland was exiting the development game, the Abedian family always said they would run a private development company.

&nbsp;

Sunland was behind some of the Gold Coast's most well-known buildings, including Palazzo Versace and Q1

First look exclusive: Abedian family line up next Gold Coast apartment development after multiple site acquisitions

Two Melbourne developers are pushing on with their prime apartment development site on one of Broadbeach's best streets.

<a href="/developers/little-projects-co">Little Projects</a>, in a joint venture with fellow Melbourne-based developer R.Corp, has gone back to the drawing board for their luxury apartment tower&nbsp;at 118 Old Burleigh Road, on the corner of Australia Avenue.

Since being knocked back by the Gold Coast City Council for their <a href="/news/qld/first-look-exclusive-little-projects-set-for-third-broadbeach-apartment-development-with-r-corp-joint-venture">initial 30-level plans by DKO</a> in early 2023 which would have seen 33 apartments delivered, Little Projects and R.Corp have been working with council and have now officially submitted new plans by Plus Architecture.

They will be still targeting the high-end buyer in the building that was initially dubbed <a href="/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">One Australia</a>.

<img alt="Little Projects" data-entity-type="file" data-entity-uuid="2a92fe27-83a9-42ca-967b-58e8fa050251" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2012.32.11%20pm.png?VersionId=hFVVdybnZpRDWncc4yd4Pr_q6dSbtqaU" />

The tower will now be seven levels smaller and will home just 20 full-floor apartments, each with four bedrooms, 274 sqm of internal living space and a 20 sqm balcony. The only exception will be a two-level penthouse with 530 sqm of indoor and outdoor space. It will have four bedrooms and a private rooftop terrace with a pool, firepit area, outdoor kitchen and alfresco space.

The resident amenity will sit on the first level and will comprise a swimming pool with accompanying day beds, a gym with a sauna, and a work from home space off the entry lobby.

&nbsp;

The project will have three levels of basement with parking for 29 cars.

<img alt="Plus" data-entity-type="file" data-entity-uuid="0c904138-5db0-4024-b8bf-57c052632bf1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2012.32.17%20pm.png?VersionId=eALpW9PPcpPigCQnfPmUmXiX8y30DCNN" />

The 690 sqm site was bought through development site amalgamation specialists GV Property Group, who got the eight owners of the two-storey walk-up, around 40 years old, to band together the sell the prime site.&nbsp;

GV&nbsp;had over eight offers for the site from both local and interstate developers when it sold in 2022.

<img alt="DKO" data-entity-type="file" data-entity-uuid="70b3b4c1-3741-4f5c-aae6-cca1434b61c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%201.28.03%20pm.png?VersionId=hJ3ywABcti5NAeOsF3TmnPqk5C9y3qww" />The initial plans by DKO were for a much skinnier tower. Image credit: DKO

One Australia will be R.Corp's first venture in the Gold Coast. Little Projects has previously developed in <a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a>, having significant success with Signature, their higher density development on Elizabeth Avenue.

Little Projects, led by Leighton Pyke, also had a site at 20 Mary Avenue in Broadbeach, where they had planned a luxury tower before recently offloading the site.

First look: Little Projects redesign Old Burleigh Road, Broadbeach apartment tower

Sydney-based billionaire Ian Malouf has quietly been working on his first development play on the Gold Coast.

Now he's taken the wraps off <a href="/buildings/remi-residences-broadbeach-122-surf-parade-broadbeach">REMI Residences</a>, a $256 million, 30-level tower at 122 Surf Parade, one of <a href="/developments/broadbeach-qld-4218">Broadbeach's</a> most active streets for new developments.

There are 49 luxury apartments in the tower which has been developed by Malouf's MFG Global which is ran by CEO Peter Wilding.

“We’ve got a very unique offering in Remi Residences where buyers can actually touch and feel the apartments they are going to be purchasing,” Malouf said.

“REMI Residences presents an exclusive opportunity for buyers in search of quality and style.

"They can physically see and experience the apartments all before putting down a deposit. We didn't want to subject buyers to years of uncertainty. They want assurance throughout their journey and with REMI Residences they can get a real sense of the space, the outlook, and the feel of each apartment."

<img alt="REMI" data-entity-type="file" data-entity-uuid="222ee231-ea2a-4e23-8e36-ec311be432d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2012.03.30%20pm.png?VersionId=LdQZ6EUQvmWb3IfzHJ2gDSa9hqpQ5l04" />

Peter Wilding said from a lifestyle perspective, they had the vision of creating a space that feels like a luxury hotel with all the important amenities, but also feels like home.

"This vision, partnered with the ability for buyers to purchase completed stock is where I believe we’ve been able to differentiate ourselves from the other developers here on the Gold Coast."

There are 15 two-bedroom apartments on offer, 27 three-beds, and seven four-bedroom apartments. Living spaces range from 107 sqm to 1200 sqm, with the average size apartment more than 250 sqm. Prices start from $2.5 million.

<img alt="REMI" data-entity-type="file" data-entity-uuid="900d5ec0-84e4-418b-b501-4f8e523ab47b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2012.01.30%20pm.png?VersionId=M0n.mgaoMeFuCDRG3rCkfr1lDlloponv" />

The three-level, six-bedroom penthouse spans&nbsp;over 1200 sqm and features a private swimming pool and rooftop Padel court.

REMI Residences features a comprehensive suite of amenities for owners including spa treatment rooms, saunas, steam rooms, and a 15-meter lap pool, ensuring residents have access to premium wellness facilities. There's also a&nbsp;private function space, complete with a fully equipped kitchen, bar, and alfresco lounge balcony.

Residents will also have access to&nbsp;two Tesla electric vehicles.

[smartcode_project_cta:default project_id=144831]

Billionaire Ian Malouf reveals completed Broadbeach apartment development, Remi Residences

Prominent Melbourne fringe developer Salvo is set to kick off the demolition phase of its now-unveiled Southbank tower, Moray House.

Moray House, rising 56 levels on a prime corner site across <a href="/new-apartments/moray-house-42-moray-street-southbank">42 Moray Street</a> at 11-13 Hancock Street, will be the first major inner-city high-rise apartment&nbsp;development to launch this year.

More than 240 of the 305 apartments have already been snapped up by a various cohort of demographics, from&nbsp;parents purchasing apartments for their children, professionals seeking a city base, families moving back to inner Melbourne post-COVID, and investors.

The $200 million project is primarily made up of two and three-bedroom apartments designed by interior designer David Hicks, as well as two double-level penthouses with&nbsp;never-to-be-built-out views. Moray House also comprises eight levels of office space, hi-tech co-working facilities and two floors of residential amenity with wellness and relaxation at its core.

Resort-grade facilities located in the most premium parts of the building include health and wellness zones such as luxury day spa, yoga and steam rooms, pool, gym and massage suite accessed by a spiral staircase. Additional amenity includes a hotel-style reception, concierge, ground floor café and bar, private dining rooms, outdoor BBQ areas, residents’ lounges and additional storage spaces.&nbsp;

<img alt="Salvo" data-entity-type="file" data-entity-uuid="f2c307cb-5479-4f69-88f2-f2e95f8077b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.38.00%20am.png?VersionId=1qKYTj.5NK6als2YjEQiGODQ9i6KENdK" />

Residents can&nbsp;also make use of state-of-the-art co-working spaces complete with 40 hot desks, meeting rooms and collaboration zones, video conferencing, printing and other services.

The residences feature uninterrupted views of the city skyline, Albert Park Lake and Port Phillip Bay, enhanced layouts, abundant natural light and full-height glazing.

<a href="/developers/salvo">Salvo</a> Managing Partner James Maitland said Salvo’s&nbsp;Now Generation&nbsp;blueprint underscores the project’s design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries.

“The pandemic accelerated a shift in the way people live and awareness of the critical role that internal and external environments play in our physical and mental health and wellbeing," Maitland said.

“Traditional apartment living has evolved to vertical communities and urban placemaking where residents can make new social connections in various communal indoor and outdoor spaces. They also expect resort-style amenities and connectivity with their local environment."

<img alt="Salvo" data-entity-type="file" data-entity-uuid="7704b2df-7166-4145-bda3-1755b267be4a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.38.14%20am.png?VersionId=gaf7n7yIjEcY8iMnw4Wg57n9NVcxWRl0" />

Maitland said <a href="/developments/southbank-vic-3006">Southbank</a> has matured from an urban regeneration precinct to an established suburb with world class lifestyle infrastructure.

“Moray House enjoys a prime location with a walk score of 98%. Residents are an eight minute walk to South Melbourne village and market, Albert Park Lake and MSAC, as well as Southbank’s dining and entertainment precinct. A city commute also takes just a few minutes with two tram lines within 100 metres,” he said.

The development is due to be completed in late 2026.

The project’s two-bedroom apartments range from $639,000 to $765,00, and three-bedroom apartments start from $1.075 million.

Industry data reveals 16,000 dwellings are required in the City of Melbourne alone over the next three years to meet demand, research from Urbis Apartment Essentials; City of Melbourne report showed.

Data from Charter Keck Cramer also shows only 2,600 new apartments were launched in Melbourne in 2023, the lowest in a decade. Recent ABS data has shows apartment approvals in Victoria declined to a 17-year low.

<img alt="Southbank" data-entity-type="file" data-entity-uuid="e99bc97c-12e9-4b59-90bb-479c9a170658" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-01%20at%2010.37.54%20am.png?VersionId=3b3TDqwN9rD0va73yxpLuC3F.mOlgowL" />

“We’re keen to see the right investment and planning settings that provide confidence for both developers and buyers regarding the delivery of key infrastructure in urban renewal projects to enable multi-unit developments to do the heaving lifting to boost housing supply,” Maitland added.

“On the demand side, revisiting off-the-plan stamp duty exemptions and reducing taxes on foreign investors would go some way to speed up the much-needed delivery of housing and easing the rental crisis.”

Salvo has had success in Southbank previously. Last year they completed <a href="/buildings/stature-southbank-119-clarendon-street-southbank">Stature Southbank</a>, also designed by Rothelowman.

[smartcode_project_cta:default project_id=144998]

Salvo Managing Partner James Maitland said Salvo’s Now Generation blueprint underscores Moray House's design approach to how people live, work and relax today, based around health and wellness, connectivity, work-life balance, and practical luxuries

First look: Salvo set to launch Southbank apartment tower Moray House

Prospective buyers eyeing the Sapphire Apartments in Sydney's lifestyle-focused Sydney Olympic Park precinct&nbsp;can now leverage the NSW Shared Equity Home Buyer Helper scheme for their purchase.

Apartments at Sapphire fall under the $950,000 cap for the scheme and have proven sought-after under the new&nbsp;government initiative to address the challenges faced by specific demographics who may struggle to secure traditional mortgage approvals due to their circumstances.

[smartcode_project:default project_id=138443 project_image_fid=211794]

The NSW Shared Equity Home Buyer Helper scheme offers crucial support to single parents, individuals aged 50 and above, first home buyers employed as early childhood educators, teachers up to Year 12, nurses, midwives, paramedics, and NSW police officers, as well as victims and survivors of domestic and family violence.

Eligible participants can purchase an apartment at Sapphire apartment with only a two per cent deposit and receive government assistance of up to 40 per cent of the property's purchase price, serving as equity retained by the government until the property is sold or the participant's eligibility for Shared Equity ceases.

To access the NSW Shared Equity Home Buyer Helper for Sapphire Apartments, interested buyers need to assess their eligibility through one of the two lending partners, Bendigo Bank or Unity Bank. Upon confirmation of eligibility, applicants can proceed to apply for the scheme through Revenue NSW.

[smartcode_project:default project_id=138443 project_image_fid=242745]

Designed by architecture firm <a href="/architects/kannfinch">KANNFINCH</a>, Sapphire Apartments comprises 95 one, two, and three-bedroom apartments spread across 10 levels next to the thriving&nbsp;<a>Sydney</a> Olympic Park precinct.

Sapphire Apartments offers modern and affordable open-plan designs that feature a neutral palette on generous living spaces, ceiling heights reaching 2.7 metres and floor-to-ceiling windows that accentuate spaciousness and allow natural light and ventilation into the home.

Jason Tan, the Director of <a href="/buildings/sapphire-apartments-lidcombe-2-honeyeater-street-lidcombe">Sapphire</a>&nbsp;developer&nbsp;<a href="/developers/australia-ymci-pty-ltd">Australia YMCI</a>, believes that homeownership is within reach for those who know where to look.

“We have many owner-occupiers who have purchased a Sapphire Apartment, and some have used the NSW Shared Equity Home Buyer Helper Scheme to fulfill their dreams,” Jason Tan said.

“Prospective purchasers sometimes are not aware they can meet the criteria of government schemes and own their own home. I am in the business of developing thriving communities and it is all about making sure that our salespeople have access to the right information to pass on."

“When you buy an apartment from AYMCI we will help you to achieve your property goals and we can direct you to the right people that will assist and answer your questions so that you can make an informed decision."

[smartcode_project:default project_id=138443 project_image_fid=247180]

Ramon, a nurse at RPA, was a buyer at Sapphire through the&nbsp;NSW Shared Equity Home Buyer Helper Scheme.

Ramon and&nbsp;his family used to live nearby and come to concerts, exercise, enjoy the parks and he knew that it is a great place to live.

“When it first started there was this scheme that was being advertised with Sapphire Apartments … and as a nurse I thought I would qualify at the time. I came to the event, saw the apartments, and thought this is a great place to live and raise a family,” said RPA nurse Ramon.

“At the end of the financial year we did the numbers and we qualified. During the event we didn’t, but when the income threshold was increased to $124,000, we were able to.”

[smartcode_project:default project_id=138443 project_image_fid=242745]

Sapphire Apartments is strategically located in Sydney Olympic Park, halfway between two of Sydney's biggest CBD's in&nbsp;<a href="/developments/sydney-nsw">Sydney</a>&nbsp;and&nbsp;<a href="/developments/parramatta-nsw">Parramatta</a>&nbsp;each just a 20-minute commute.

<a href="/developers/australia-ymci-pty-ltd">Australia YMCI</a>&nbsp;is hosting a “Final Sapphire Sellout Party"&nbsp;on May 8 from 5pm in the central courtyard in Sapphire at 2 Honeyeater Street Lidcombe opposite Sydney Olympic Park, where prospective buyers can come and inspect a two-bedroom apartment in the building and current homeowners in Sapphire can meet their neighbours.

[smartcode_project_cta:default project_id=138443]

The NSW Shared Equity Home Buyer Helper scheme offers crucial support to a range of cohorts who need assistance to buy property

New NSW Gov stimulus draws buyers to Sapphire Apartments in Sydney Olympic Park

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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