Melbourne developer Beulah has received the green light for 23 eco-conscious townhomes in Brunswick, signifying the first permit of its calibre within the tightly held suburb since 2019.

The two storey development at 17-23 Hodgson Street, will be known as <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick Established</a> and will sit behind the existing heritage facade onsite; seamlessly blending sustainable practices with rich heritage components to ensure the project adds to the rich cultural fabric that Brunswick is known and loved for.

Spanning a large 3,705 sqm site and designed by leaders in social and sustainable architecture Six Degrees Architects, Brunswick Established will also feature verdant common spaces inspired by traditional London Mews design, including a private laneway, landscaped courtyards and rooftop terraces.

The Phillipstown Precinct, dating back to the mid 1850’s and where Brunswick Established is located, is of regional historical significance as the oldest settled part of Brunswick, with part of the site housing one of the earliest clothing factories in Brunswick, Stephens &amp; Co. Clothing Factory, which was operational in the 1920’s.

<img alt="Beulah" data-entity-type="file" data-entity-uuid="1db2ac27-47bf-49ab-a574-7485d15ff766" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-31%20at%201.04.17%20pm.png?VersionId=L8mjkoE6cBlsJhiCuVA5cFozb9c555_j" />

Sustainability is a core principle in this development, incorporating initiatives like recycling bricks, repurposing salvaged timber, and designing for waste reduction to create homes with a lighter carbon footprint. Additional features, such as solar panels, electric vehicle charging and rainwater harvesting, enhance resource conservation and overall environmental impact, offering substantial benefits to the end user.

Residents will have the choice of two, three or four bedroom townhomes, making it perfect for individuals in many different walks 
of life, let that be downsizers or growing families who will make up the fabric of this new community.

<a href="/developers/beulah">Beulah</a> Executive Director Adelene Teh said celebrating the diverse urban culture of Brunswick was a key element to the design brief to <a href="/architects/six-degrees-architects">Six Degrees</a> and played a key role in the permit approval process.

“We are excited about the opportunity to create something special for the <a href="/new-townhouses/brunswick-vic-3056">suburb of Brunswick</a>. The site is rich in heritage character, quiet in locale yet nestled near Melbourne's most eclectic and vibrant suburbs," Teh says.

“Six Degrees played a significant part in the permit process as they innately understand the local area and have proposed thoughtful design outcomes that sensitively fuse old with new. Together, with some of the most respected advisors in the heritage space, we have created a new community with durable and sustainable homes for future residents and improved the safety and quality of the area, ultimately elevating this urban pocket.

“While it took longer than anticipated to receive the permit, we are elated that our project can now press ahead and help cater to the demand for the area.

"This truly is an incredibly rare offering for a tightly held suburb such as Brunswick.”

Six Degrees Director Peter Malatt is excited to be collaborating with Beulah to transform the historic site into 23 exceptional Brunswick townhomes.

“We are an architectural practice with a strong connection with Brunswick, and a passion for its unique character and history," Malatt says.

"We appreciate its sense of community, and we love its stories. Having completed the Heller Street park and townhouses, which one of our directors lives in, as well as the Spanish Cellars apartments in adjacent streets, gives us an opportunity to leverage this local knowledge and play off the rich history of the site.

"We are excited to work with Beulah on creating another legacy for Brunswick and believe this is a project that will greatly contribute to the community."

The site is positioned between Sydney Road’s famed retail precinct including Barkly Square Shopping Centre and Union Square Shopping Centre and is walking distance to some of Melbourne’s most loved parklands including Royal Park, Princes Park and the Melbourne Zoo, while being a stone’s throw from the picturesque Temple Park.

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The two storey development will be known as Brunswick Established and will sit behind the existing heritage facade onsite

Joel Robinson

Beulah secures green light for eco Brunswick townhouse development, Brunswick Established

Developer Toohey Miller has appointed luxury construction firm Reform Projects to build its debut apartment development, No.1 Onslow Place in Elizabeth Bay.

Reform, led by managing director and co-founder Carl van Selm, has been in operation since 2016 and has built boutique apartment projects in both Sydney's Eastern Suburbs and the Sutherland Shire, as well as a number of designer houses in Sydney's most affluent suburbs.

They recently completed the <a href="/news/nsw/one-of-manlys-last-beachfront-development-sites-inside-ondas-manly-apartments">luxury Manly project Ondas Manly</a> on the beachfront North Steyne, and they're&nbsp;currently building the boutique Yugen development in Vaucluse.

Following the launch of <a href="/new-apartments/no-1-onslow-place-elizabeth-bay-1-onslow-place-elizabeth-bay">No.1 Onslow Place</a>, there were a bull run of sales, with three of the six apartments snapped up in a matter of weeks. Sales ranged between $8.25 million and $13 million.

[smartcode_project:default project_id=141600 project_image_fid=218585]

The project, No.1 Onslow Avenue, named after its prime location just off Arthur McElhone Reserve and a close neighbour to Elizabeth Bay House, comprises just six full-floor apartments with interiors by renowned interior designer David Hicks, the Melburnian's his first high-end project in Sydney

Tzannes&nbsp;Architects designed the building to bring a contemporary yet timeless design to the character of the coveted neighbourhood. The facade features distinctive curved brickwork, reminiscent of the iconic New York City art deco era.

Each apartment features natural oak, double herringbone parquetry flooring and white-honed marble. boasts views across the harbour, with four of the six having different different site aspects.

[smartcode_project:default project_id=141600 project_image_fid=219762]

Nick Couloumbis, Founder of <a href="/developers/toohey-miller">Toohey Miller</a>, said No.1 Onslow Place was designed not just as a development, but as six distinct and individual living spaces.

“Toohey Miller has curated its consultant team, bringing David Hicks’ European and International flair, combined with&nbsp;Tzannes’ quintessentially Australian architecture, to create an environment that resonates with the legacy of the location while offering a fresh perspective on luxury living.”

[smartcode_project:default project_id=141600 project_image_fid=219765]

“These residences are incredibly rare given their full-floor offering and views - we liken them to a Monet or Picasso. Rarity in property equals exceptional enduring value to future owners.”

Crowning No.1 Onslow Place is a two-level penthouse with&nbsp;270-degree views of the ocean. Its upper level is designed for entertainment, featuring a bar and lounge that overlook the vista. The apartment also features a steam room, and its own identity in its finishes with&nbsp;hand-selected green onyx cladding the kitchen, bar and bathrooms. There's a pool on the rooftop.

[smartcode_project_cta:default project_id=141600]

Nick Couloumbis, Founder of Toohey Miller, said No.1 Onslow Place was designed not just as a development, but as six distinct and individual living spaces

Toohey Miller appoint Reform Projects to build No.1 Onslow Place, Elizabeth Bay apartments

Luxury North Shore developer WINIM is soon to launch its new $42 million Cremorne apartment development,&nbsp;<a href="/new-apartments/huntington-cremorne-13-15-allister-street-cremorne">Huntington Residences</a>.

The luxury development at 13-15 Allister Street has been designed by Rothelowman who was inspired by Cremorne's natural beauty.

[smartcode_project:default project_id=143528 project_image_fid=253689]

The design of the rounded shapes of the facade, which impact the interior aesthetic, was influenced by Cremorne's&nbsp;Robertsons Point Lighthouse, echoing a connection to the area's rich history.

The boutique development incorporates the 1937 building designed by Clifford Finch, which is not heritage listed but has heritage significance. The 13&nbsp;one, two and three-bedroom apartments will be spread across the restored original building and a new adjoining contemporary building.

[smartcode_project:default project_id=143528 project_image_fid=253694]

Huntington is the latest in WINIM's pursuit of adaptive reuse projects. They have a restoration and extension project of a <a href="/news/nsw/winim-to-redevelop-1905-neutral-bay-building-into-luxury-apartments--114126">1905 block at 112-114 Wycombe Road</a> in <a href="/developments/neutral-bay-nsw-2089">Neutral Bay</a>, and the restoration and extension of Kirribilli's 1907 Glenferrie Lodge.

Speaking with <a href="/developers/winim">WINIM</a>&nbsp;Joint Managing Director Justin Kuiters in 2022, <a href="/news/nsw/why-winim-doubled-down-on-the-boutique-north-shore-market">he explained that adaptive reuse involves a different approach to development</a>, preserving much of the architectural heritage that has defined the suburb for decades.

"We've secured a number of sites which aren't heritage-listed, but due to their striking street frontage, and unique character from a bygone era, just like council, we are wanting to come up with a clever and creative way of bringing these grand building's into the 21st century," Kuiters said.

[smartcode_project:default project_id=143528 project_image_fid=253690]

"The community and council are favouring adaptive reuse and architectural detailing that complements the street.

"They're more challenging, but you come out with a more bespoke, unique product, catering for two types of buyers, those who are keen on the historical features (cornicing, high ceilings, brickwork etc) , and those who want the more contemporary finishes."

Huntington will be WINIM's second launch in as many months following their late <a href="/news/nsw/winim-launch-luxury-northbridge-development-fl">2023 launch of Flo Northbridge</a>, just seven apartments and five townhomes opposite Northbridge Shore Playing Fields.&nbsp;

[smartcode_project_cta:default project_id=143528]

Speaking with WINIM Joint Managing Director Justin Kuiters in 2022, he explained that adaptive reuse involves a different approach to development, preserving much of the architectural heritage that has defined the suburb for decades.

WINIM reveal Huntington Residences, Cremorne luxury apartment development

Buyers have made a rush at the only new off-the-plan beachfront apartment project to arrive in Palm Beach, with 5Point Projects’ Ophira selling over half of its units following its launch late last year.

Capitalising on the absence of ultra-luxury apartments in the Gold Coast's newly established millionaire's row on Jefferson Lane, the $60 million <a href="/new-apartments/ophira-105-107-jefferson-lane-palm-beach">Ophira Palm Beach</a> has successfully sold five of its entire floor residences, each fetching over $7 million.

5Point Director, Damian Dove, says it’s been a phenomenon driven by local buyers enticed by the level of luxury and space offered in Ophira coupled with the fact it is the only absolute beachfront project in Palm Beach and currently in market.

“I think the locality of buyers we’ve welcomed is a huge testament to Ophira’s appeal to discerning locals who have a deep appreciation and understanding of the projects positioning as one of the coasts’ most coveted residential addresses.” Dove said.

"Ophira is the only absolute off the plan beachfront project currently in market situated in the highly sought after Jefferson Lane precinct. Our expectations for the project were high and they have been not only met but exceeded."

Read more:&nbsp;<a href="/news/qld/5point-to-set-new-palm-beach-apartment-benchmark-with-ophira-palm-beach">5Point to set new Palm Beach apartment benchmark with Ophira Palm Beach</a>

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Ophira <a href="/new-apartments/palm-beach-qld-4221">Palm Beac</a>h comprises just seven full-floor apartments and a sprawling two-level penthouse.

Each full-floor residence will span between 290 sqm to 317 sqm, including balconies with uninterrupted ocean views. They will have three ensuited bedrooms, display wine storage, and a scullery off the kitchen.

Ophira’s two-level penthouse will deliver 637 sqm of internal and external living space, comprising four bedrooms, five bathrooms and its own private outdoor entertainment area featuring a pool, spa, sauna, sundeck, with teppanyaki bar, a sunken lounge and fire pit.

[smartcode_project:default project_id=138441 project_image_fid=221553]

“As with each of our projects, we wanted to create something that differentiated itself from the market," Dove added.

"I think the sales we’ve achieved to date are a strong indication that our aptitude for quality design and remarkable architecture are resonating with buyers.

“Given the rate with which apartments have been purchased to date, we expect the remaining apartments to sell out fast.”

Construction is officially underway on the project. Prices start from&nbsp;$6.55 million.

[smartcode_project_cta:default project_id=138441]

Luxury Palm Beach apartment development Ophira races to 50% sold

Prominent national property developer&nbsp;Sekisui House Australia&nbsp;has secured a 4 Star Gold Star rating from the Independent Construction Industry Rating Tool (iCIRT).

The iCIRT rating system is an initiative driven by the NSW Building Commissioner to improve transparency within the industry by assessing their experience and capability, aiming to enhance public trust and market transparency for home buyers. The distinction of a 4-Gold Star rating positions Sekisui House as one of the leading developers in the NSW, aligning with the company's dedication to creating high-quality, sustainable communities.

Hide Seguchi, CEO of Apartment &amp; Mixed-Use Developments at <a href="/developers/sekisui-house-australia">Sekisui House Australia</a>, said the 4-Gold Star iCIRT rating is a reflection of the team's hard work and steadfast dedication to excellence.

"It affirms our commitment to integrity and sustainability, which are the cornerstones of our community-building philosophy," Seguchi said.

"The certification will strengthen the confidence our customers have in us, reinforcing our position as a trusted leader in the industry.”

The iCIRT rating rigorously evaluates developers and builders across six critical criteria: character, capability, conduct, capacity, capital, and counterparties. Sekisui House’s 4-Gold Star rating is supported by its impressive track record in Australia, operational transparency, solid customer relationships, strong partner and supplier networks, and extensive technical expertise and engineering proficiency within the team.

“This iCIRT rating plays a vital role in the property market in NSW for both homebuyers and the industry,” Seguchi added.

“It provides buyers with the assurance they need when making one of the most important decisions of their lives. Our high iCIRT rating is a testament to our ability to construct homes and communities that stand the test of time. We encourage all potential homebuyers to incorporate the iCIRT rating into their property research process.”

Sekisui currently has a number of multi-residential projects in both New South Wales and Queensland.

[smartcode_project:default project_id=114215 project_image_fid=204853]

In Brisbane they're longtime, multi-award winning development West Village is drawing to a close. Having started developing the landmark Peter's Ice Cream Factory site in <a href="/new-apartments/west-end-qld-4101">West End</a>, Sekisui now have the final apartments available in the penultimate stage, The Allere Collection. They will then release the final instalment of the thriving mixed-use precinct, <a href="/new-apartments/callista-on-park-west-end-49-mollison-street-west-end">Callista on Park</a>.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-sekisuis-plans-for-west-village-final-tower-callista-on-park">First look exclusive: Sekisui's plans for West Village final tower, Callista on Park</a>

In Sydney they have their $1 billion billion masterplan in <a href="/new-apartments/norwest-nsw-2153">Norwest</a>, <a href="/buildings/the-orchards-lumia-norwest-104-fairway-drive-norwest-nsw-2153">The Orchards</a>, which is well on its way to becoming another thriving new community.

[smartcode_project:default project_id=111509 project_image_fid=191136]

They will be completing the third stage, <a href="/buildings/the-orchards-lumia-norwest-104-fairway-drive-norwest-nsw-2153">Lumia</a>, later this year, and have recently launched new releases <a href="/new-apartments/the-orchards-i-veue-central-norwest-104-fairway-drive-norwest-nsw-2153">Veue Central</a> and <a href="/new-apartments/sanctuary-wentworth-point-willow-release-11-wattlebird-road-wentworth-point-nsw-2127">Willow</a>.

The Turner Studio-designed masterplan will cover 1.4-hectares and when finished&nbsp;will comprise 1,300 apartments, extensive parklands, outdoor cinema, playgrounds, and a community centre.

They also have a $5 billion, 30-hectare project in Melrose Park North which will include around 6,000 new apartments, a new town centre and retail village, as well as a house and land project in Gledswood Hills.

Sekisui House Australia awarded 4-star rating under the independent construction industry rating tool iCIRT

Sekisui House Australia earn 4-star iCIRT rating

Billbergia is continuing to bolster its apartment development pipeline.

The busy developer, who has a number of projects in Wentworth Point, Rhodes and Chatswood in the planning phase, is set for a $335 million, 3.14-hectare masterplanned community in Concord West.

They acquired the <a href="/new-apartments/1-king-street-concord">1 King Street site</a> in 2019, and are planning more than 700 new dwellings on the block near Concord West Station.

The application aligns with the NSW Government’s Transport Oriented Development (TOD) Program, which has seen 39 train stations now subject to rezoning and new planning controls which will encourage the delivery of new housing.

Billbergia’s plan for 1 King Street includes 10 buildings, each one between four and 12 levels. They will deliver a combined total of 698 apartments and 18 townhouses.&nbsp;

<img alt="Concord" data-entity-type="file" data-entity-uuid="1096540d-48d0-4aba-ac99-3c0c7d6d2139" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-25%20at%201.00.56%20pm.png?VersionId=KWsXmLd0WJq.XnedKYylf8nqjKvGR43t" />

Billbergia’s Development Director Rick Graf says the proposed development will facilitate a mix of retail, commercial and residential uses.

“It was a landmark feat to secure a consolidated site of over three hectares, let alone one which offers seamless access into the adjacent Concord West railway station,” Graf said.

“Our vision for Concord West is strongly aligned with the NSW Government’s Transport Oriented Development Program. The redevelopment of this site will provide greater choice in housing, boost local employment, improve connectivity, and meet the needs of current and future residents for years to come."

Around&nbsp;7,600 sqm of retail floor space would be dedicated to essential retail and food services – including a supermarket, specialty shops and cafes.

The plans allow for a 2,500 sqm green connection and neighbourhood park, proposed to run across the site, increasing its permeability for both pedestrians and cyclists. A new loop road connecting King and George Streets has also been included in the plans.

A new ground-level civic area would activate the site’s public domain, while an existing onsite childcare centre would also be integrated into the new development as part of Billbergia’s masterplan.

<img alt="Billbergia" data-entity-type="file" data-entity-uuid="e54298c8-7be8-4ece-853a-b76133b6fb69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-25%20at%201.01.04%20pm.png?VersionId=cUJEOB7_6eYJVi3OqmhrdyQgbGxEYcZ2" />

As part of the proposal, Billbergia would deliver key local infrastructure, including the new public road connecting George Street and King Street, and/or provide funding towards proposed local precinct intersection upgrades and stormwater upgrades. Billbergia is known for delivering landmark mixed-use precincts, including the national award-winning 11-hectare Wentworth Point Town Centre, which comprises over 3,700 apartments.

The developer recently unveiled plans for the <a href="/news/nsw/billbergia-unveils-updated-plans-for-bennelong-cove-wentworth-point-masterplan">final stage of its Wentworth Point masterplan</a>, which is set to deliver over 900 apartments over two 40-level towers.

The proposal incorporates a waterfront promenade with amphitheatre, restaurants, hospitality, and a major new park in the heart of the town centre. It’s accompanied by $70 million in new community and social infrastructure under a Voluntary Planning Agreement submitted to City of Parramatta Council.

Late last year Billbergia announced plans to deliver a <a href="/news/nsw/billbergia-file-for-sustainable-rhodes-apartment-development">244-apartment complex in Rhodes</a>, along with a separate proposal for a <a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development">mixed-use project in Chatswood</a> comprising 251 dwellings over two towers alongside commercial and retail space.

Billbergia has also collaborated with the government and not-for-profit sectors to deliver a combined 1,315 social, affordable and market dwellings in Lidcombe and West Ryde (completed 2023) and Arncliffe (under construction).

Billbergia file for $335 million Concord West masterplan

Leading Melbourne apartment developer Hamton Property Group has been given the green light to proceed with its $500 million redevelopment of the former Hawthorn campus of the University of Melbourne.

The site has been rezoned&nbsp;from Public Use Zone to Residential Growth Zone, and a detailed development plan has also been approved by the Minister for Planning, paving the way for the site to be redeveloped into a 1.6-hectare luxury residential development.

The approved development plan allows for around 350 apartments across six boutique buildings, ranging in height from three to seven levels.

In early 2022 Hamton, who is currently developing the $2 billion Moonee Valley Park, entered a contract to buy the site from the University, subject to rezoning, with settlement due to occur in early March 2024.

Proceeds from the sale will be used by the University to meet part of its financial commitment to the new Australian Institute for Infectious Disease in Parkville, a $650m plus development in partnership with the State Government.

Read more:&nbsp;<a href="/news/vic/everything-a-buyer-needs-to-know-about-moonee-valley-park-five-minutes-with-hamtons-matt-malseed">Everything a buyer needs to know about Moonee Valley Park: Five minutes with Hamton's Matt Malseed</a>

An analysis by Charter Keck Cramer of forecast housing demand and supply in the Hawthorn catchment, commissioned by Hamton, demonstrates the severe undersupply in this established area of Melbourne over the next three years alone.

<img alt="CKC" data-entity-type="file" data-entity-uuid="fe8f1d66-e6ca-4533-b3ab-3514fc732a9b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-25%20at%2011.29.14%20am.png?VersionId=nDdl6cjxDwqqIbF99KOXqbgH8GZZQpRj" />

“This approval from the Minister for Planning enables the delivery of meaningful new housing supply in the popular inner east of Melbourne, where development opportunities of scale are non-existent, and demand for high-quality residences continues to outstrip supply,"&nbsp;Hamton Founder and Executive Chairman Paul Hameister OAM said.

“Our vision for this development is to create a global exemplar of gentle medium density housing, with a collection of mid-rise buildings set within lush green parks and gardens that prioritise people and community, with excellence in sustainability at its core.

“There are around 100 existing trees onsite, of which only four are assessed as significant – meaning only those four would ordinarily be required to be retained under the planning scheme.

“We are pleased that the Minister agreed with our decision to retain the vast majority of existing trees, and we will take our commitment to greening the habitat even further by planting an additional 100 trees, to create a truly nature-based neighbourhood."

Around one-third of the site will be green open space accessible by the local community, with deep soil planting zones that far exceed the statutory requirements.

Hamton is committed to achieving ESD excellence with this project, targeting a 5 Star Green Starrating, 7 Star NatHers rating and Climate Active certification as Net Zero.

Hamton has also committed to delivering 10 percent of the apartments as affordable housing for moderate income earners, including key workers like teachers at surrounding schools includingAuburn South Primary School, Bialik College and Scotch College.

Hamton plans to launch sales in Q3 2024, with construction to commence mid-2025.

Hamton plans to launch sales in Q3 2024, with construction to commence mid-2025

Hamton's $500 million redevelopment of former University of Melbourne site in Hawthorn approved

North Perth is set for a new mixed-use development.

Plans have been filed by a local private developer, Lam Property Development Group Pty Ltd,&nbsp;for an eight-level building with 117 apartments at 299 Charles Street, near Charles Veryard Reserve.

<img alt="North Perth" data-entity-type="file" data-entity-uuid="560e963a-9a47-4a0a-9f54-a0646f7176b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%206.53.26%20pm.png?VersionId=EXCaOs7tMSQWogx8B1kiKhavGac5rOce" />

Only around half of the apartments proposed will be on the market (59). There will be 42 co-living units and 15 Specialist Disability Accommodation (SDA)&nbsp;units.

Of the 59 buy to sell apartments, there will be 15 one-beds, 33 two-bed apartments and 11 three-bedroom apartments.

The apartments will sit above a tavern/brewery, a private gym, two shops, and a restaurant/cafe.

The application says the commercial activation will promote vibrancy and convenience for not only residents of the development, but the wider community who utilise the Charles Street Neighbourhood Centre.

<img alt="North Perth" data-entity-type="file" data-entity-uuid="1a45e18a-a31d-4c81-b6f9-c7bfe187a29c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%206.52.22%20pm.png?VersionId=4K7KJ03eW.kzPt1VRafBTy.AbH.PeKeO" />

&nbsp;

Total 185 car parking bays and 19 motor cycle bays. A breakdown of the car and motor cycle parking bays as follow

Space Collective Architects said in the Design Statement that there was an opportunity to&nbsp;marry the characteristics of the greenery pocket &amp; heritage pocket of North Perth.

They'll be focusing on sustainable principles. The&nbsp;project has been designed to a 6.5 Star minimum and 7.5 Star average NatHERS rating. The fully electric building will be EV ready and will have a minimum 20kW solar PV system.<img alt="North Perth" data-entity-type="file" data-entity-uuid="6c4535f1-33dd-4c6e-8eda-372db61f06bb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%206.52.50%20pm.png?VersionId=FgTBqhDe0kfWPMouHpnBAyae5dWNATJo" />

There will be an open terrace on level one with outdoor seating and a barbecue, while a level six terrace will have a residents' lounge, and more outdoor seating and barbecue space.

The development value is $35 million.

The apartments will sit above a tavern/brewery, a private gym, two shops, and a restaurant/cafe

New apartment plans filed for North Perth

Developer Lucent Capital is bringing a fresh new to townhouse living in Northcote.

They've recently launched Bastings Community, a collection of less than 50 architecturally-designed townhouses by&nbsp;Kavellaris Urban Design (KUD) in the heart of one of the most family friendly precincts in Melbourne.

Immediately drawn to the architecture, we headed down to the onsite display suite&nbsp;of <a href="/new-townhouses/bastings-community-westgarth-88-bastings-street-northcote">Bastings Community at 88 Bastings Street</a>, where we also had a chance to speak to Lucent Capital Founder Panos Miltiadou and Billy&nbsp;Kavellaris from KUD to hear about the project in more detail.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/G4im_OEGP7s?si=XvoGvmhW15C4eS-F" title="YouTube video player" width="560"></iframe>

What we saw were developer and architect working in tandem with one another, passionate about the project they've been able to produce for their future residents.

Miltiadou says they're lucky to have Kavellaris on board, and that the product int he display suite represents exactly what they're trying to achieve.

Every detail has been considered at Bastings.

Often in townhouse developments there are a number of different directions which dictate. But at Bastings, every townhouse faces north.

"We didn't want to turn our townhouses in an east and west direction and avoid this opportunity to have sun through the course of the day" Miltiadou says.

"All of our private open space faces north. that's where you entertain, and that's where the largest private open space is for every home."

"From&nbsp;living we enter the dining then kitchen, so that sun is fully utilized through the majority of the day through the north sun aspect.

[smartcode_project:default project_id=134979 project_image_fid=231065]

Bastings Community is committed to achieving Operational Carbon Neutrality for at least a decade.&nbsp;Carbon neutrality means&nbsp;having a balance between emitting carbon and absorbing carbon from the atmosphere in carbon sinks.

KUD have ensured that Bastings is centred on creating a sustainable home and lifestyle for its future residents.

"Bastings Community is all about environmental sustainability. With a 7.5 NatHERs Rating and a carbon neutral footprint, our core focus was to ensure we have above best practice environmental sustainability credentials.

[smartcode_project:default project_id=134979 project_image_fid=231079]

"We wanted to ensure that the environment was at the forefront of every architectural decision and intervention."

Not only is Bastings Community creating an environmental and architectural statement, it is ideally located in the best pocket of Northcote.

It's within close proximity to a number of schools, the popular Johnson Park, and a few minutes walk to Dennis Train Station on the Hurstbridge line and the <a href="/new-townhouses/northcote-vic-3070">Northcote</a> Train Station on the Mernda line.

[smartcode_project_cta:default project_id=134979]

Inside Bastings Community: Urban's video tour of Northcote's newest off the plan townhouse development

The south of the Gold Coast rings differently to the rest of the in demand tourist hot spot which occupies around 70 kilometres of Queensland's coastline.

For a long time it's been a place for the locals, more beach shacks than high-rise new development.

However now the smaller suburbs of Palm Beach, Bilinga and Coolangatta, have had a wave of interest from both buyers and developers because they epitomise the relaxed Gold Coast lifestyle that both local and southern state dwellers seek.

After a busy 2023 in the southern pocket of the Gold Coast, there seems to be no slowing down in 2024.

We've picked the top five apartment developments which are expected to go live this calendar year.

<h2>Location: 39 McLean Street, Coolangatta</h2>

<h2>Developer: Immerse Projects</h2>

Burgeoning developer&nbsp;<a href="/developers/immerse-projects">I</a><a href="/developers/immerse-projects" target="">mmerse Projects</a>&nbsp;will be looking to launch their second&nbsp;<a href="/developments/coolangatta-qld-4225">Coolangatta apartment project</a>&nbsp;to the market later this year, having received approval from the Gold Coast City Council late last.

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the 17-level apartment project at 39 McLean Street, adjacent to his&nbsp;<a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill development</a>&nbsp;which is currently on the market.

<img alt="McLean" data-entity-type="file" data-entity-uuid="a98aa8b3-135e-431c-8f07-9ca8f918b2ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%201.56.20%20pm.png?VersionId=_SxoBaCflHR9i4WehUui_rLHtqBpLfLr" />

The McLean Street development will deliver 58 new apartments comprising a mix of two-and three-bedroom designs, with the project to be topped by a 240 sqm penthouse.

The development will deliver a range of resident amenities including resort-style rooftop providing a communal lounge room, pool, gymnasium and sauna. The design offers additional communal areas on the ground and first levels that will provide meeting rooms for work-from-home use and parcel delivery lockers for online purchases by residents.

Read more:&nbsp;<a href="/news/qld/immerse-projects-secure-approval-for-second-coolangatta-apartment-tower">Immerse Projects secure approval for second Coolangatta apartment tower</a>

<h2>Location: 307 Golden Four Drive, Bilinga</h2>

<h2>Developer: Molti</h2>

Last year South East Queensland developer <a href="/developers/molti">Molti</a>&nbsp;acquired a site and submitted plans for their first Gold Coast apartment development, on the beachfront at <a href="/new-apartments/blonde-307-golden-four-drive-bilinga">307 Golden Four Drive</a> in <a href="/new-apartments/bilinga-qld-4225">Bilinga</a>.

The <a href="/architects/bda-architecture">BDA Architecture</a>-designed project, next door to the under construction Si&nbsp;<a href="/developments/bilinga-qld-4225">Bilinga</a>&nbsp;apartment development and a few doors down from the recently launched <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> by <a href="/developers/siera">Siera</a>, will have 19 apartments designed for the owner-occupier.

<img alt="Molti" data-entity-type="file" data-entity-uuid="1a492060-13b8-4192-8dd9-8f383cf1fb59" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%202.01.08%20pm.png?VersionId=tLaUMZvG8fUNIgjghO..zai4.a1lSgd_" />

BDA Architecture design aims for an innovative architectural building that will become a timeless landmark along Golden Four Drive and the beachfront.&nbsp;

The building will have three distinct areas: a landscaped entry, a series of vertical and horizontal elements, and a large expressed floating roof with private rooftop recreation areas.

The apartments designed for owner-occupiers come in 16 three-bedroom apartments with multi-purpose rooms and three four-bedroom apartments, with only two units on each floor. The upper levels will include two double-storey penthouses.

<img alt="Top SE QLD in 2024" data-entity-type="file" data-entity-uuid="be675014-5bd0-40c9-97ee-e6c2f226215b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Golden%20Four%20Drive.png?VersionId=79NLsU.kvtcxVp75JjeQ02lpaA2HFuwJ" />

Residents will have access to communal amenities on the ground floor such as a swimming pool, outdoor kitchen, dining area, and sauna.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-molti-secure-prime-bilinga-site-plan-luxury-apartment-project">First look exclusive: Molti secure prime Bilinga site, plan luxury apartment project</a>

<h2>Project: Miles Residences Kirra second stage</h2>

<h3>Location: Corner Miles Street and Marine Paradise, Kirra QLD 4225</h3>

<h3>Developer: KTQ Group</h3>

<a href="/developers/ktq-group">KTQ Group</a> is in the early works of its newest master-planned development in <a href="/new-apartments/kirra-qld-4225">Kirra</a>, a renowned surfing destination and holiday spot on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.&nbsp;

Led by owner Peggy Flannery, KTQ Group has spent 11 years bringing the vision for Kirra Point to life in collaboration with architect Mark Damant from Little Boat Projects.&nbsp;

The $85 million lifestyle precinct aims to reinvigorate Kirra, featuring luxury apartments, a laneway retail precinct, new food and beverage outlets, a luxury hotel, and the reinvention of the existing Kirra Beach Hotel on the site.

Stage one of the four-stage mixed-use development includes the already sold-out <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences</a>, which consists of 116 one, two, and three-bedroom apartments with a north-facing oceanfront perspective.&nbsp;

[smartcode_project:default project_id=27575 project_image_fid=138610]

The <a href="/architects/woods-bagot">Woods Bagot</a>-designed Miles also offers a suite of 5-star amenities featuring a 25-metre north-facing pool overlooking Kirra Point.

Two hospitality venues, Kirra Beach Hotel and Kirra Beach House, were opened in November.

The next phase includes Kirra Point Stays, offering elevated hotel apartment accommodation in the Miles apartments for holidaymakers to experience life like a Kirra local.

The long-term plan for stage two includes the construction of a second residential apartment tower, a boutique hotel, and a carefully curated laneway retail precinct.&nbsp;

The retail area will feature a lively village square, boutique retailers, artisans, a fresh food marketplace, a delicatessen, a florist, a bakery, gelateria, more food and beverage offerings, and a dedicated fitness, wellness, and recovery facility.

<h2>Project: Palais Coolangatta</h2>

<h3>Location: 31-35 McLean Street, Coolangatta QLD 4225</h3>

<h3>Developer: BeckDev</h3>

Developer <a href="/developers/beckdev">BeckDev</a> is still working through some design changes at&nbsp;<a href="/new-apartments/palais-coolangatta-31-35-mclean-street-coolangatta">Palais</a>, their $130 million apartment development in <a href="/new-apartments/coolangatta-qld-4225">Coolangatta</a>.

Designed by BDA, Palais is set to include 170 one, two, and three-bedroom residences with panoramic views and private hotel-style amenities.

BeckDev has made significant design concessions, including a notable reduction in height and scale when they <a href="/news/qld/beckdev-lodge-revised-plans-for-palais-coolangatta-apartment-development">proposed a redesign last year.</a> Originally the proposal was for 22 levels, however BeckDev has had to reduce the height of the tower to 17 levels.

[smartcode_project:default project_id=103143 project_image_fid=216320]

The revised plans were submitted to the council in August, addressing concerns about the building's impact on the skyline and its proximity to an existing 24-storey structure.

Palais is located on the former Jazzland site in Coolangatta, aiming to honour the historical significance of the Jazzland Dance Hall's cultural legacy.&nbsp;

The residential tower and podium have been designed to recess, preserving the iconic Art Deco facade constructed in 1928, which serves as the gateway to the dance hall.

[smartcode_project:default project_id=103143 project_image_fid=216318]

The development will feature premium residential facilities on two separate levels, including office pods, a pool, gym, theatre, private dining function rooms, a kid's play area, and barbecue breakout areas offering views across the bay to the <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> skyline.&nbsp;

Palais is positioned just 200 metres from the beach, emphasising its coastal proximity and lifestyle appeal.

<h2>Project: Kirra Beach Residences</h2>

<h3>Location: 10 Churchill Street, Coolangatta QLD 4225</h3>

<h3>Developer: Pyco Group</h3>

<a href="/new-apartments/brisbane-qld">Brisbane</a> developer <a href="/developers/pyco-group">Pyco Group</a>&nbsp;will hope for a speedy approval process at its first Gold Coast apartment development. They've plans to&nbsp;transform a prime corner block near Kirra Beach into a 14-level tower dubbed Kirra Beach Residences.

The developer amalgamated four sites to create the 2,044 sqm site at 10 Churchill Street for the project.&nbsp;

Designed by DAHA, Kirra Beach Residences will comprise 97 apartments, with a focus on larger units, offering 79 three-bedroom apartments and 18 two-bedroom apartments.

<img alt="Top SE QLD in 2024" data-entity-type="file" data-entity-uuid="70434ce8-417a-4af8-a9c1-442fd3c2c725" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kirra%20Beach%20Residences.png?VersionId=8F4dlclJj2wukoP9V9JFHDli1dp5HTIy" />

The ground-floor resident amenities will include a swimming pool, gym, sauna, work-from-home office space, and a media room.

The Coolangatta neighbourhood, particularly Kirra, has witnessed a surge in off-the-plan interest in recent years with various projects such as <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen's Emerson</a> Kirra, <a href="/buildings/awaken-residences-275-boundary-street-coolangatta">Awaken</a> and <a href="/new-apartments/esprit-217-227-boundary-street-coolangatta">Esprit</a> by S&amp;S Projects, and <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill</a> by <a href="/developers/immerse-projects">Immerse Projects</a>. Pyco Group's project aims to bring something different to the surf mecca and bridge the affordability gap.&nbsp;

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-coolangattas-newest-apartment-tower-plans-revealed">First look exclusive: Coolangatta's newest apartment tower plans revealed</a>

After a busy 2023 in the southern pocket of the Gold Coast, there seems to be no slowing down in 2024.



The southern Gold Coast's top five apartment developments launching in 2024

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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Joel Robinson

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Developments

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