Coronation Property has revealed their first stage of their recently acquired <a href="/new-apartments/erskineville-nsw-2043">Erskineville</a> block in the growing Ashmore Estate.

Coronation Property, who <a href="/news/nsw/coronation-property-plan-over-1-000-apartments-at-newly-acquired-park-sydney-erskineville-site">18 months ago snared around 50,000 sqm of the Ashmore Estate development</a> from <a href="/developers/greenland-australia">Greenland Golden Horse</a>, has submitted plans for&nbsp;a collection of buildings with 146 apartments at <a href="/new-apartments/erskineville-nsw-2043">155 Mitchell Road</a>.

Architecture firm Silvester Fuller won the City of Sydney Design Competition over submissions by FJMT and <a href="/architects/mhn-design-union">MHNDU</a> who supplied a plan jointly with Archer Office.

The brief by the City of Sydney panel was to "develop a superior residential development outcome for the site that reinforces the desired neighbourhood character of Ashmore and <a href="/new-apartments/erskineville-nsw-2043">Erskineville</a>."

<a data-entity-type="file" data-entity-uuid="26a6b747-ef33-40b6-b70f-f7d17ff64973" href="/new-apartments/erskineville-nsw-2043"><img alt="Upsy Erko" data-entity-type="file" data-entity-uuid="26a6b747-ef33-40b6-b70f-f7d17ff64973" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-03%20at%207.32.41%20pm.png?VersionId=sja.m8Ozg6ZXbjaWsn2F3Un0949HWS_w" /></a>

The plans by Silvester Fuller were selected by the expert panel as part of the City of Sydney Design Competition, a mandatory part of the planning process for developments of this scale. The panel suggested the scheme by&nbsp;Silvester Fuller offers a unique built form that is the most compliant with the Stage 1 Concept envelope.

"The proposed scale and form are highly responsive to the surrounding existing and future development and presents a strong relationship between the park, the street and the through-site link. The internal planning is considered excellent and highly successful.

"The Silvester Fuller submission included excellent floorplate planning, rigorous apartment layout, three core arrangement with two lifts per core, generous entry lobbies and arrival areas within the apartments which made it stand out from the other submissions. The building separation relationship with the western neighbour is also a positive."

<a data-entity-type="file" data-entity-uuid="e157a428-dfdb-463e-be39-89b2d3616b2a" href="/new-apartments/erskineville-nsw-2043"><img alt="Upsy Erko" data-entity-type="file" data-entity-uuid="e157a428-dfdb-463e-be39-89b2d3616b2a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-03%20at%207.32.45%20pm.png?VersionId=3eUaozKYdE5_fkhPyHjIpcHbIoYl96iR" /></a>

The buildings will have 146 apartments, from studios to a single four-bedroom apartment. The majority of apartments are two and three-beds, a large portion of which have an additional study room.

Given strict planning laws don't allow for street-level activation like cafes, Silvester Fuller created apartments which present more as terrace homes. They have two or three-bedrooms, the third bedroom access through sliding doors on the main living area.

Their designs also incorporated a striking pitched roof above the "roof apartments", which are the largest in the development. They have between 110 sqm and 143 of internal living area and a further 66 sqm plus of balconies and wrap around terraces.

Despite no ground-level retail, Silvester Fuller has planned a communal "pavilion in the park", a multi-purpose, bookable room within the garden. There's also further private residential amenity in the form of a rooftop garden in the northern building wing with views of the city.&nbsp;

"This garden has been designed as a collection of outdoor rooms enabling multiple groups and individuals the opportunity to find and occupy their own space," Silvester Fuller noted in their Design Statement.

"The rooftop garden being open to sky with excellent solar access contrasts with the more protected ground plane providing a variety of outdoor spaces suitable for different times throughout the day and seasons all year round."

<a data-entity-type="file" data-entity-uuid="934503f8-c7ee-49ed-9baf-77b7bec3ab4d" href="/new-apartments/erskineville-nsw-2043"><img alt="Upsy Erko" data-entity-type="file" data-entity-uuid="934503f8-c7ee-49ed-9baf-77b7bec3ab4d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-03%20at%207.44.16%20pm.png?VersionId=lQK5WLlz2XBHIFVIOLdj8B9d1NmUH4cK" /></a>

Silvester Fuller said the vision for <a href="/new-apartments/erskineville-nsw-2043">the project</a> is to reflect the uniqueness and capture the spirit of <a href="/new-apartments/erskineville-nsw-2043">Erskineville</a>.

"Located on the edge of McPherson Park within the Inner West Sydney suburb of <a href="/new-apartments/erskineville-nsw-2043">Erskineville</a>, this neighbourhood is unique. Not as serious as the East, quirkier than the beaches, not as straight as the North shore and certainly edgier than the West.

"<a href="/new-apartments/erskineville-nsw-2043">The project</a>&nbsp;aims to capture the spirit of this place, the greater neighbourhood and the specific qualities offered by the site itself - fun and joyful - reflecting the anticipated play and recreation offered by the park adjacent.

"Much like the location itself, our vision for the project&nbsp;is to foster a community of multi-cultural, multi-generational occupants and provide moments of joy and delight for all those who pass her by

"<a href="/new-apartments/erskineville-nsw-2043">The project</a> balances the playful and the pragmatic, the whimsical and the whacky, wrapped in an overall concept focused on creating uplifting spaces to be in and around - a building to make you smile."

The frontage to the new park is direct, with no road between the building and the green.

<a data-entity-type="file" data-entity-uuid="a01ddc9c-d307-4fca-a584-fd1e8f13d3f3" href="/new-apartments/erskineville-nsw-2043"><img alt="Upsy Erko" data-entity-type="file" data-entity-uuid="a01ddc9c-d307-4fca-a584-fd1e8f13d3f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-03%20at%207.32.31%20pm.png?VersionId=bFqOm9vU1rnlrn8yAhvuww2DCcm5vfBK" /></a>

"This presents an opportunity for a closer relationship between the apartment interiors and the park beyond - the building skin able to open freely with reduced acoustic and pollutant pressures"."

"The architectural tones serve as a backdrop to the soft landscape of the park, sending forward the curated collection of native flora. The home types within <a href="/new-apartments/erskineville-nsw-2043">the project</a> are focused around family life, with families coming in a variety of shapes and sizes. From people living alone with occasional guests through to larger families full of children and pets, there is a diversity of apartments and town houses to call home - a home for everyone in <a href="/new-apartments/erskineville-nsw-2043">the project</a>."

There are sustainable elements&nbsp;including double glazing, rainwater capture and re-use, rooftop solar panels and natural ventilation.

"Our vision is the creation of a new building that makes a positive contribution to its neighbourhood and extends the ecological systems of the masterplan by creating healthy new homes, energising the public realm and supporting a culture of a creative and cohesive residential community."

The Ashmore Estate is the largest precinct identified for urban renewal within the City of Sydney Local Government Area and historically comprised large warehouse buildings. The redevelopment of the Ashmore Estate is a staged development resulting in approximately 1,400 new dwellings, new retail floor space and public domain works.

Ashmore Estate will accommodate around 6,000 residents as development is staged over 10 years.

The plans by Silvester Fuller were selected by the expert panel as part of the City of Sydney Design Competition, a mandatory part of the planning process for developments of this scale

Joel Robinson

First look Urban reveal: Coronation Property's plans for Erskineville's Ashmore Estate

While the majority of the first wave of buyers in Aqualand's game changing North Sydney landmark AURA by Aqualand were downsizers, now completion is drawing near, young families are starting to emerge as one of the dominant buyer groups.

The location of AURA by Aqualand, in the heart of North Sydney on Walker Street, puts future residents within close proximity to a number of private schools, as well as the selective public school catchment area for North Sydney.

Directly behind AURA by Aqualand is&nbsp;Wenona School, an independent, secular day and boarding school for girls, offering junior and middle school through to college.

[smartcode_project:default project_id=30959 project_image_fid=202656]

There are plans by Reddam House, one of the top five private schools in New South Wales, to open a new facility in North Sydney, across the road from AURA in the Harry Seidler-designed Simsmetal House at 41 Mclaren Street.

Reddam House has long been one of the most exclusive schools in Sydney. The co-ed, non-denominational school caters for toddlers through to year 12. It's been run by Inspired Education Group since 2019. The only other locations are in the affluent suburbs of Woollahra and Bondi.

Reddam would become one of at least three&nbsp;co-educational private high schools on the north shore after Marist College started admitting girls last year.

Monte Sant' Angelo Mercy College is another independent girls' school, only five minutes from AURA by Aqualand. Monte is the oldest independent girls' school on Sydney's North Shore. It is a Roman Catholic single-sex secondary day school for girls years 7-12 founded by Sisters of Mercy in 1875.&nbsp;

Two academically selective secondary day schools nearby are the government-funded North Sydney Boys High School and North Sydney Girls High School, known for their rigorous admissions process and academic excellence. The school emphasises a holistic education approach, fostering intellectual and personal development. Its proximity to AURA makes it a practical choice for families seeking free quality education without a lengthy commute.

[smartcode_project:default project_id=30959 project_image_fid=202990]

Other nearby schools less than two kilometres from the property are the North Sydney Girls and Boys Public School, St Thomas North Sydney Preschool, TrEd College and ANZAC Park Public School. There's the Cameragai Montessori Preschool, part of the highly rated Montessori group of preschools, St Mary's Catholic Primary School, and the&nbsp;Australian Catholic University, North Sydney Campus.

The future Victoria Cross Station, which will be open in 2024, will provide easy access to Sydney's extensive university network like the University of Technology Sydney, University of New South Wales, and The University of Sydney.

While schooling is the top priority for parents when looking for somewhere new to live, there's a number of other reasons families are being drawn to AURA by Aqualand.

Generally when buying a residence on the fringe of a business and transport precinct, buyers have to trade in the suburban lifestyle, but not at AURA by Aqualand.

The project is strategically located at the end of Walker Street, just a few hundred metres from St Leonards Park, a go-to for families on weekends.

[smartcode_project:default project_id=30959 project_image_fid=202995]

The 15-hectare park has a custom kids playground, barbecue areas and large expanses of open lawn space perfect for children. The park is also home to the famous North Sydney Oval, the Bon Andrews Oval and Cunningham Pavilion, as well as netball courts, cricket nets, and bowling greens. The North Sydney Oval complex also homes commercial and retail outlets, as well as a childcare centre.

Less than a 20-minute walk from the front doors of AURA by Aqualand is also Forsyth Park and Anderson Park, the latter not far from Neutral Bay village.

Not only is AURA by Aqualand ideally located for parents with education and parks on the doorstep, the size of the apartments are also why parents are so keen on low-maintenance apartment living.

AURA's oversized apartments exceed the North Sydney Council's minimum building requirements by a large margin.&nbsp;

The standard size for a two-bedroom apartment in the area is 80 sqm, with AURA’s measuring 95 sqm, plus a wintergarden, making them well over 100 sqm in total.

AURA’s design was revised three times to increase the size of the apartments, with the initial plan decreasing from 448 residences to 386.

A number of the apartments include a multi-purpose room, which can be set up as a media room, home office, or a kids living room and homework space.

[smartcode_project:default project_id=30959 project_image_fid=203000]

Yet another motivation for parents is the onsite amenity within the building. AURA by Aqualand will feature an indoor swimming pool and a sky deck with barbecue space and sweeping views over the whole of Sydney.

For busy parents, there's also a gym fitted with equipment from leading fitness brand Technogym.&nbsp; The ground level of the building will home to an exciting retail precinct with a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant.

[smartcode_project:default project_id=30959 project_image_fid=241201]

Construction at AURA by Aqualand is advancing quickly, with the external building structure now finished. The grounds works for the retail precinct has started. Aqualand is expecting residents to be moving into their apartments by mid-2024.

AURA by Aqualand represents the fifth residential project delivered by Aqualand since the company’s launch in 2014.

[smartcode_project_cta:default project_id=30959]

Not only is AURA by Aqualand ideally located for parents with education and parks on the doorstep, the size of the apartments are also why parents are so keen on low-maintenance apartment living

Why AURA by Aqualand is attracting the family buyer

Pyco Group has announced Brick Construction will build its West End apartment development Atelier, which is already 80 per cent sold following its launch in May this year.

Construction will commence in February 2024 on the Vulture Street development of 36 apartments, a unique offering given every apartment spans two levels.

Pyco sees the units more like vertical townhouses, starting from 143 sqm.

[smartcode_project:default project_id=105965 project_image_fid=211837]

The focus by DAH Architecture was to take advantage of Brisbane's sub-tropical climate, with the apartments opening onto large courtyards, balconies or rooftop terraces.

The apartments, each with three bedrooms, were first released to the market starting from $1,575,000, while the larger apartments, ranging between 218 sqm and 272 sqm, started at $2,195,000. Those apartments have the rooftop terraces and private pools.

"In an industry facing challenges, it is critical to have the right builder partner who has a strong track record and expertise to deliver the vision we've created at Atelier," Pyco's Ben Dalgleish said on the appointment of Brick Construction.

[smartcode_project:default project_id=105965 project_image_fid=211841]

The Vulture Street project will replace an ageing backpacker hostel.&nbsp;YPM are in charge of the sales and marketing.

Atelier follows the success of Pyco's Albion apartment development Nouveau, another collection of vertical townhomes.

[smartcode_project_cta:default project_id=105965]

&nbsp;

Atelier follows the success of Pyco's Albion apartment development Nouveau, another collection of vertical townhomes

Pyco appoints builder at Atelier West End

Resident amenity is everything nowadays in the off the plan apartment space.

Longtime Bondi Junction developer Stargate Property knew they had to push the envelope on amenity in their newest apartment development, The Centennial Collection, given their goal to reset the benchmark for prices in the area next door to Centennial Park.

As well as offering premium, house-sized apartments with fittings and finishes which the location hasn't seen before, they've matched that with a premium level of amenity which is expected in a development of this calibre. They've arguably gone past expectation in some of the facilities in the building.

While one often overlooked, Stargate placed a focus on the first communal space everyone frequents daily, the lobby. The elegantly-style space, through distinctive curved arches by architect SJB, is home to the full-service concierge, as well as a delivery room tucked away for cold and dry goods.

[smartcode_project:default project_id=136076 project_image_fid=212625]

While swimming pools are fairly standard in modern day apartment developments, there's nothing standard about what Stargate are offering Centennial Collection residents.

They've dedicated the top level of one of the two 10-level buildings to a rooftop swimming pool and terrace, with&nbsp;sweeping views extending all the way over the Sydney skyline to the harbour. Native gardens landscaped by Black Beetle envelop the space.

Not many, if any buildings in the immediate area have their swimming pools located on the roof.

[smartcode_project:default project_id=136076 project_image_fid=212622]

Not content with just the one swimming pool, Stargate had the understanding that a rooftop pool can't be used all year round, so they had SJB create what they're calling a "winter pool", which runs alongside one of the buildings. The pool is inspired by the rockpools which are dotted up and down Sydney's eastern beaches.

Shaded from the elements, the expectation is this pool will be used in the colder months, as well as the summer months depending when El Niño decides to rear its ugly head.

[smartcode_project:default project_id=136076 project_image_fid=212623]

Then they've got not just a gym, but a state of the art fitness studio with cardio and personal training areas.

Of course there's the extensive amenity outside of The Centennial Collection. You'd be hard pressed to find another new off the plan apartment development with the abundance of cafes options The Centennial Collection has, in every direction.

Heading into Bondi Junction of course there's a limitless supply of cafes, bars and restaurants, while Centennial Park's Centennial Homestead is one Sydney's best park cafe, bar and restaurant all rolled into one. Neighbouring The Centennial Collection is Woollahra, and its litany of cafes and boutiques which make it one of the most sought-after suburbs in the country.

Stargate are set to bring the cafe culture as close to future residents as they possible can, on the ground floor of the building.&nbsp;

[smartcode_project:default project_id=136076 project_image_fid=212624]

Comprising 70 apartments across two 10-level buildings, The Centennial Collection is situated just four kilometres from Sydney CBD. Prices range from $1.45 million for one-bedroom apartments to $5,625,000 million for three-bedroom units.

The project is crowned with two penthouses, featuring private rooftop terraces with swimming pools overlooking harbour views.

Located at an iconic gateway overlooking Centennial Park and a short walk to Woollahra’s Queen Street, The Centennial Collection offers an enviable lifestyle with the East’s renowned restaurants, wine bars, shopping, and schools at its doorstep.

Construction has commenced on The Centennial Collection, with completion slated for late 2025. Ray White Projects are marketing the development.

[smartcode_project_cta:default project_id=136076]

While swimming pools are fairly standard in modern day apartment developments, there's nothing standard about what Stargate are offering Centennial Collection residents

Centennial Park's most impressive new development: Inside the resident amenity at The Centennial Collection

The humble coastal town of <a href="/new-apartments/kingscliff-nsw-2487">Kingscliff</a>, in the Northern NSW Region just south of the Queensland border, is set to get an injection of not one, but two new off the plan apartment developments.

Following the launch of South East Queensland developer <a href="/news/nsw/holm-developments-launch-kai-kingscliff">Holm Developments' Kai Kingscliff</a>, Sydney developer Allera has been given the green light to develop <a href="/new-apartments/marine-pearl-140-142-marine-parade-kingscliff">Marine &amp; Pearl</a>, on the dress circle Marine Parade.

<a href="/new-apartments/marine-pearl-140-142-marine-parade-kingscliff">Marine &amp; Pearl</a> will see 24 apartments delivered across two buildings designed by Clarke Hopkins Clarke at 140-142 Marine Parade, directly opposite Kingscliff Beach.

<img alt="Marine &amp; Pearl" data-entity-type="file" data-entity-uuid="209589b8-f17e-43cd-afc2-74862548eae3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.52.58%20am.png?VersionId=qBYmm9wt11MNSHhpcU3FmMHAexkkIO0e" />

<a href="/new-apartments/marine-pearl-140-142-marine-parade-kingscliff">Marine &amp; Pearl</a> apartments were designed to take in the view.

"Marine &amp; Pearl’s architectural identity is an organic expression of its ocean-side location," the marketing advises.

"With a prime location, stretching from Marine Parade through to Pearl Street, these highly sought-after residences are spacious and private, just metres away from the stunning Kingscliff Beach.

It says the curved form of Marine &amp; Pearl’s buildings mimic the ebb and flow of the sea.

"The scalloped façade, warm timber textures and lush green landscaping respond to the coastal setting and connect with nature."

Each apartment has three-bedrooms and either an ocean-facing balcony or a private garden courtyard with lawn off the open plan kitchen living and dining space.

The central, private pool and impressive outdoor spaces are set amongst lush, landscaped gardens.

<img alt="Allera" data-entity-type="file" data-entity-uuid="1f4b4a29-a2b3-4856-b979-051c2df10819" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.57.10%20am.png?VersionId=m_5M1vkfxWAddcrAJecx970ex0eD0DIm" />

Allera, who have previously developed in Sydney's Box Hill and Cherrybrook,&nbsp;<a href="/news/nsw/allera-to-develop-apartments-along-kingscliff-s-marine-parade">submitted plans for Marine &amp; Pearl late last year</a>.

The approval for <a href="/new-apartments/marine-pearl-140-142-marine-parade-kingscliff">Marine &amp; Pearl</a> comes quickly off the back of the <a href="/news/nsw/holm-developments-launch-kai-kingscliff">launch for Kai Kingscliff</a>, the 14-apartment building by Holm Developments on Murphys Road.

Crafted by the acclaimed Tim Stewart Architects,&nbsp;<a href="/new-apartments/kai-kingscliff-9-11-murphys-road-kingscliff-nsw-2487">Kai Kingscliff</a>&nbsp;features generous floor plans and expansive balconies with impressive frontage.

Residents will have exclusive access to a resort-style pool and leisure area, outdoor shower, well-appointed lobby and bike or surfboard storage on the ground level of Kia, as well as secure car parking and private storage facilities in the basement.

[smartcode_project_cta:default project_id=134924]

Allera, who have previously developed in Sydney's Box Hill and Cherrybrook, submitted plans for Marine & Pearl late last year

Kingscliff set for double dose of new off the plan apartment developments after Marine & Pearl greenlit

Following the administration of GCB Constructions, developer GDI Group has decided to bring construction in house to complete their luxury Main Beach apartment development, Drift Residences.

Drift Residences, at 16-18 Hughes Avenue, just a stroll from Tedder Avenue and the Main Beach sand, will have just 46 apartments across its 31 levels, a maximum of two apartments per floor.

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building.

"It's a formidable team," Gallagher says.

[smartcode_project:default project_id=93593 project_image_fid=194364]

Construction is already well advanced on Drift, which is expected to be complete toward the end of 2024.

There's three different types of apartments in the Plus Architecture-designed tower. The Residence Collection, which occupy levels three to 23, have three bedrooms, three bathrooms, and 262 sqm of living space, and start from just under $3 million.

The penthouse collection is just a handful of full floor apartments with 531 sqm of living space. They have four bedrooms, four bathrooms, a media room, home office, and four car spaces.&nbsp;

[smartcode_project:default project_id=93593 project_image_fid=194365]

Crowning the building is a two-level penthouse across levels 30 and 31, complete with five bedrooms, five bathrooms, five car garaging, an entertainment room, home office, and a plunge pool and spa.

Resident amenity is located toward the bottom end of the tower. There's a spa and health club with an&nbsp;infinity pool, hot and cold spas, an infrared sauna, and a steam room. The gymnasium features a yoga studio and private massage rooms.

[smartcode_project:default project_id=93593 project_image_fid=194366]

There's also a residents lounge with&nbsp;a BBQ, butler’s pantry, outdoor dining area and powder room, as well as a luxe fireplace.

Kollosche is marketing Drift Residences.

[smartcode_project_cta:default project_id=93593]

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building

GDI Group bring construction in house to deliver Drift Residences in Main Beach

Sekisui House Australia is set to welcome more than 350 new residents to its latest completed stage at its West Village masterplan, Altura.

Altura, the tallest apartment tower and the fifth to be completed in West End’s landmark $1.2 billion West Village precinct, comprises 146 apartments, which will be occupied just in time for Christmas.

The 22-level tower was designed with a&nbsp;unique neuro-architectural approach that aims to promote a feeling of wellness through design, textures and colours.

With concept design by Smart Design Studio, detailed design by nettletontribe and landscape design by RPS, Altura’s rooftop boasts a ‘Wellness Regeneration Zone’ with infinity edge pool, magnesium spa, outdoor kitchen, barbecue area and sunken fire pit for residents to rest and recharge.

&nbsp;

<img alt="Altura" data-entity-type="file" data-entity-uuid="135b3a12-f217-4a38-9218-bdb6bd4cefe2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.11.22%20am.png?VersionId=wwfVvInvKIP7fepHVAtEn_aB2Qui8gR2" />Altura's rooftop: Image credit Lucas Munro

The podium ‘Lifeplace Level’ features communal areas for connectivity, including a library, cinema rooms, private dining room with kitchenette and workspace productivity pods, while 14-metre mature kauri pines line the base of the tower forming the tranquil Kauri Grove on Kauri Lane.

nettletontribe Director David Cohen said the quality of living spaces in each Altura residence was further enhanced through connections with nature.

“One of the underpinning design principles across the West Village master plan is the integration of built form with the natural environment, which has a positive flow-on effect on our health and wellbeing,” Cohen said.

“Altura embodies this principle by incorporating greenery vertically up the building, benefiting not only the residences and balcony environments, but also the surrounding buildings in the broader West Village community.

“The design of the balconies and the façade were key to delivering a quality space for each residence that achieved outlook and connection to the natural environment, including access to natural light and ventilation.”

&nbsp;

Only two residences remain available at Altura starting from $3.6 million, including the five-bedroom, four-and- half bathroom penthouse on level 22 and the four-bedroom, three-and-a-half bathroom sub-penthouse on level 21.

<img alt="Altura" data-entity-type="file" data-entity-uuid="baaee00e-1b2e-4c0c-84dd-37d72f066c69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.12.27%20am.png?VersionId=nwB9neuZHL4jd.wNaBMoWM1XuzirPAmM" /> 
A built in fireplace on the roof: Image credit Lucas Munro

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront.

“West Village provides an unparalleled setting, combining heritage, environmental connectivity, creativity, and health and wellness aspects that encourage residents and visitors to thrive,” Hashimoto said.

“It also boasts a 99 out of 100 Walk Score, enabling residents to easily access the precinct’s Harris Farm Markets, Goodlife Health Clubs, medical and beauty hubs, and the 25-plus retail and dining options.

“We are proud to deliver Altura as part of the West Village master plan and provide its soon-to-be residents with multi-sensory, luxury living and innovation, all within a vibrant community and a stone’s throw from the city."

&nbsp;

Three final buildings are to be completed at West Village, including the Allere Collection which is currently under construction and features two connected, vertical communities Uno and Duo, 90 per cent of which is already sold out with limited residences remaining across three, four and five-bedroom options.

The Allere Collection is a curated collection of 203 residences designed by Rothelowman, with a unique, pet- friendly focus integrated across both communities and shared communal spaces set to entice families, including rooftop pools, enclosed dining spaces, seating areas, a vegetable garden and an off-leash rooftop dog space, ‘Paw Pavilion’.

[smartcode_project:default project_id=114215 project_image_fid=204857]

West Village’s master developer Sekisui House Australia is proud to continue to create homes and communities that improve with time and last for generations.

With developments in Queensland and New South Wales, Sekisui House Australia’s approach to design honours its Japanese heritage, with design guided by the principle of Satoyama — connecting people through ‘ribbons of green’ to ensure communities are in harmony with their natural surroundings.

[smartcode_project_cta:default project_id=114215]

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront

Sekisui to welcome residents to Altura, West Village precinct after construction completion

Off the plan apartment sales jumped in Q3 2023, according to consulting firm Urbis.

Their Apartment Essentials report showed a jump in sales from 200 in Q2 2023 to 470 in Q3 2023, primarily driven by sales in the Gold Coast Central area.

Read more: <a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">Gold Coast apartment sales jump in Q3 2023: Urbis</a>

There's still a healthy supply of apartments in the Central area however, with just over 1,200 for sale. It's the Gold Coast Fringe area which is starved of stock, after the best performing project in the Gold Coast sold out all of its first stage.

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="fc864b01-b223-4cbd-82bf-f21d5a4ffde0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%203.57.48%20pm.png?VersionId=qByITmF_kHTRsHRi9nOr7kbWR3Fs.Zri" />

We've taken a look at the top five best performing projects across the Gold Coast

<h3>1. Cienna Varsity Ridge, Varsity Lakes</h3>

The top performing new and off the plan apartment project in the Gold Coast was the first stage of Homecorp's Cienna Varsity Ridge community in Varsity Lakes.

There were 85 sales in Q3 2023, which took the first stage of 257-apartments to a sell out. The second stage will bring a further two buildings.

The four-building project has been designed by BDA and will consist of four separate&nbsp;connected across a central podium featuring landscaping, lawns, a pool, and other communal amenities.

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="c9870445-da86-4dba-a770-de444880384b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%203.50.22%20pm.png?VersionId=5lKAgmGQEExYjeRxSZVG2Jm88mU2ejRr" />

The project will have 446 apartments across the buildings, with one-bedroom plus media rooms and two-bedroom apartments on offer.

<h3>2. Vista, Surfers Paradise</h3>

Vista, the debut Surfers Paradise apartment development by Malaysian/Melbourne developer MRCB, saw 80 of its 280 apartments sold in the third quarter of 2023, at an average price of $1,013,138.

The 51-level development comprises 280 one, two and three-bedroom apartments priced from $890,000.

[smartcode_project:default project_id=112730 project_image_fid=211248]

In line with prioritising residents' well-being, 26 Vista boasts lifestyle amenities such as a yoga deck and a cycle room, a gym and a pool. It in fact will have the highest resident swimming pool in Surfers Paradise in the $15 million penthouse.

The building is&nbsp;all-electric, with no gas, and a low carbon footprint proposition.

[smartcode_project:default project_id=112730 project_image_fid=209972]

The development is just a short walk north to Surfers Paradise and south to Broadbeach.

There are 187 apartments still available in 26 Vista.

<h3>3. Lagoon Sunrise Tower</h3>

Lagoon, the two-tower project by Jon Drew's Drew Group, had strong success from both its towers. The Sunrise Tower edged out sales of the Sunset Tower, securing 77 sales at an average price point of $1,415,260.

The Sunrise Tower, spanning 31 levels, offers a mix of two and three-bedroom apartments, along with Drew Group's Signature Collection residences.&nbsp;

[smartcode_project:default project_id=108747 project_image_fid=190743]

Positioned in the centre of Main Beach, Lagoon Main Beach will reside just a stone’s throw from the Gold Coast’s premier lifestyle destinations and high-class dining precincts.

Currently under construction, the Sunrise Tower has less than half of its 66 units remaining.

<h3>4. Lagoon Sunset Tower</h3>

Not far behind was the neighbouring tower which sold 30 fewer apartments at 47 averaging $1,171,809 sale price.

Rising 24 levels, the Sunset Tower features 116 apartments with one, two, and three-bedroom configurations, providing unobstructed views of the Broadwater, Hinterland, and Southport Marina. Although it had fewer sales than the Sunrise Tower, Sunset Tower only has 69 units available.

[smartcode_project:default project_id=108747 project_image_fid=221590]

This fully-funded twin-tower apartment complex comprises 259 apartments, including 12 premium sky homes and three dual-level penthouses from the Signature Collection.

Families, retirees, upsizers and downsizers, along with their pets, are welcome at Lagoon Main Beach to enjoy a luxury resort-style indulgence right at home.&nbsp;

[smartcode_project:default project_id=108747 project_image_fid=221589]

All residents of Lagoon will have access to the podium-level amenities, featuring a barbecue garden with designer cooking stations, a fully equipped function lounge, a fitness centre with a connected yoga terrace, and a 24/7 network-connected boardroom designed to meet the flexible co-working needs of today.

Lagoon is currently under construction, with an estimated completion date of December 2025.&nbsp;

<h3>5. Crest Broadbeach</h3>

Morris Property Group's Crest Broadbeach secured 41 sales in its Broadbeach apartment development on Armrick Avenue.

There are over 150 apartments in the 37-level project which has prices from $899,000.

<img alt="Crest Broadbeach" data-entity-type="file" data-entity-uuid="3616a1c0-fc17-4c3a-a1ea-68a0be37ea21" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%204.08.34%20pm.png?VersionId=V9gJi.yD6jXAloxegSnWOE7qIsGk9Bz_" />

They had&nbsp;Canberra architecture firm Guida Moseley Brown design the tower which also features three podium levels an whole amenity level above.

That level,&nbsp;wrapped in terraces with seating and dining areas, features a pool, gym, lounge space, a private barbecue and dining space which can be hired, and a communal barbecue area.

Read more:&nbsp;<a href="/news/qld/morris-property-group-set-for-crest-broadbeach-apartments">Morris Property Group set for Crest Broadbeach apartments</a>

There's still a healthy supply of apartments in the Central area, with just over 1,200 for sale

The Gold Coast's top selling off the plan apartment developments in Q3 2023: Urbis

Busy Sydney apartment developer Urban Property Group has achieved an industry first by receiving a 4 star Building Trustworthy Indicator (BTI) from KPMG Origins for their Bexley apartment development, The Parq.

The residential development, which is located at 8-18 Stoney Creek Road, Bexley is now the first in the country by an iCIRT-rated developer to have both a BTI score and Latent Defects Insurance (LDI) for a project.

The BTI, created by KPMG Origins with the NSW Office of the Building Commissioner, provides a “Trustworthy Indicator” score to a development after the issue of an occupation certificate. This score is developed based on a combination of data provided by the developer on materials, processes, and participants of a fully constructed building.

[smartcode_project:default project_id=29078 project_image_fid=216582]

KPMG Origins’ Lead Partner Laszlo Peter said it is very exciting to see Urban Property Group setting new standards for residential development in NSW.

"The Building Trustworthy Indicator result for The Parq has been assessed against the best available construction industry evidence and standards. Investors, residents, or future tenants can have a higher level of trust in the building as demonstrated via the BTI, which was developed with extensive industry collaboration.

“BTI is focused on the trustworthiness of the building itself (not the counterparty assessment of builders) and is a one-off indicator issued for the building after completion. Urban Property Group are leading the way in the industry by embracing multiple tools to demonstrate the quality of The Parq, helping future owners and residents to have the utmost of confidence in this development.”

[smartcode_project:default project_id=29078 project_image_fid=213376]

Urban Property Group was also one of the first developers / builders in NSW to obtain an iCIRT in 2022.

Urban Property Group General Manager, Nick Gaudry, said to be the first iCirt rated Developer in NSW to complete a project with latent defects insurance, and now a 4 star BTI score, is a very exciting moment.

"We have long been proud of our reputation for developing high-quality properties, and with the BTI, we saw a great opportunity to formalise the high standards we set for ourselves, and support the reforms that the NSW Government's Building Commissioner, David Chandler has introduced in recent years," Gaudry says.

"The Urban Property construction team take tremendous pride and pay meticulous attention to every detail in the construction and delivery of our premium residential projects.

[smartcode_project:default project_id=29078 project_image_fid=213374]

"Having a 4 star BTI will help to ensure transparency in delivering the highest quality construction standards.&nbsp;As a BTI 4* Leading developer, we are committed to supporting initiatives from the NSW Government to improve trust and transparency in residential construction.

"We had every confidence that we would receive an exceptional score as our highly experienced and dedicated team delivers residential homes of the highest design and construction standards for our customers. The proof is in the delivery, and we have many happy new homeowners who are delighted with their stunning new Bexley residences.”

Located in Bexley, the Parq embraces nature through architecture and integrated landscaping. Parq has 67 one, two and three-bedroom apartments, a ground floor cafe, a Mini-Masterminds Childcare and a Plus Fitness.

David Chandler, NSW Building Commissioner said Urban Property Group is leading the industry as the first trustworthy iCIRT rated developer to have both a BTI and a LDI policy for a project.

"A growing number of developers like Urban Property Group are embracing the need for industry leaders to show the way, as they all commit to 
restoring our industry’s brand with consumers. I want to acknowledge Urban Property Group’s leadership in showcasing new ways of demonstrating the trustworthiness of the buildings they make."

Chandler said the&nbsp;KPMG Origins BTI is playing a key role in NSW construction reforms, and helping the industry to turn a risky reputation into one of certified trustworthiness.

Urban Property Group <a href="/news/nsw/urban-property-group-launch-la-vera-macquarie-park-apartments">recently launched La Vera</a>, their first foray into the apartment market in Macquarie Park.

[smartcode_project_cta:default project_id=29078]

Urban Property Group was also one of the first developers / builders in NSW to obtain an iCIRT in 2022

Urban Property Group receives 4 star Building Trustworthy Indicator from KPMG Origins for The Parq Bexley

The founder of developer and builder McNab can still remember his first project - from his then young daughter’s bedroom 27 years ago in Toowoomba.

Fast forward to 2023 and Founder and Managing Director Michael McNab looks back with pride on how far the south-east Queensland based company has come - as it celebrates completion of their 32-storey luxury tower White Main Beach, in the blue-chip Main Beach on Tedder Avenue.

McNab acted as both developer and builder on the highrise, punctuating its reputation nowadays as a go-to Australian development and construction group - with 500-plus staff and a reputation as solid as the beloved timber it uses in its suite of projects.

<img alt="White Main Beach" data-entity-type="file" data-entity-uuid="f92719ce-afa5-4255-bafc-cab641128355" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/White%20Main%20Beach.jpg?VersionId=uamCp4D947pzQfOTeAlLSs71GuYZ0kHs" />

It’s that reputation for not just completing projects - as developer and the builder - but doing so to a high “gold” standard that McNab believes is always important in the development and construction sector.

“It's certainly a huge advantage - we know we can deliver," McNab says.

"The market is red hot and that’s stretched the building industry right to its limits. We're really focused on building for the best developers in the industry as well as delivering our own projects to the highest standards. We know we can do that.

“If we say we're going to do something, we get it done - and that is a bit of a problem for the development industry at the moment in south-east Queensland”.

McNab’s completion of White - with a three story penthouse plus 27 single-floor apartments spanning 325 square metres and a lift shaft privately opening into each owner’s living room - showcases the firm’s credentials as builder and developer.&nbsp;

McNab says there's a lot of developers popping up at the Gold Coast at the moment, but there are less than a handful of builders to be able to deliver proper projects.

“We're a commercial building company but over the last five to 10 years, we've certainly become a significant development business as well.”&nbsp;

<img alt="White Main Beach" data-entity-type="file" data-entity-uuid="a9c365c5-c65b-4507-8bd7-76f94a8c9f06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/White%20Main%20Beach%202.jpg?VersionId=KUjx3LUKt7fI1xOkhX22HCn7awuYTXrq" />

McNab’s expertise covers an impressive range of capabilities with a resume spanning commercial, industrial and residential as well as agriculture-specific projects.

The firm has completed high-end residential through to Queensland-based poultry, piggery and abattoir installations plus large-scale industrial developments including projects equivalent in size to five Suncorp Stadiums.

McNab sees the delivery of end-to-end luxury highrise White Main Beach as a “great advertisement for all our skill sets”.&nbsp;

The company worked at a personal level with the individual apartment owners on bespoke interiors and designs for each, coordinating collaboration with architects and interior designers.&nbsp;

The move positioned McNab to receive accolades in the Urban Development Institute of Australia (UDIA) Awards for Excellence, with the project placing top four in Queensland among Apartments High-Rise delivered in 2023.&nbsp;

<img alt="White Main" data-entity-type="file" data-entity-uuid="575982d5-7cf8-402a-927a-506e0067039d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/White%20Main%20Beach%20kitchen.jpg?VersionId=oWrsm0mWpaTfy5uVY6nUhF8TmPRlJ.mA" />

McNab head of investments and property development Carl Nancarrow said the reaction from buyers at the launch event after the project’s four-year journey reinforced the company was taking the right approach.

“When we can see the finished product, and in particular, see the purchasers come in and get such wonderful feedback from them how much they love living here. It just makes it all worthwhile,”&nbsp;Nancarrow says.

Nancarrow revealed their next end-to-end project will be at sought-after Budds Beach, a waterfront location with a similar charm and feel to Main Beach. Pre-release registrations for <a href="/new-apartments/elements-budds-beach-surfers-paradise-21-oak-avenue-surfers-paradise-qld-4217">Elements Budds Beach</a> are now being offered with Ray White Projects Gold Coast, with sales to the market commencing January next year.&nbsp;

“We select sites with foresight, envisaging the evolution of both owners and the project location. This way we ensure it best services those who call it home but also adds value to the surrounding community. Site selection and timeless design are at the forefront of vision with all our boutique developments," Nancarrow says.

“We can give anyone who wants to buy an apartment off McNab certainty this project is actually going to be delivered. We've got the best builder in southeast Queensland ready to go. And as soon as we hit our milestones, we're into construction.”

McNab says there's a lot of developers popping up at the Gold Coast at the moment, but there are less than a handful of builders to be able to deliver proper projects

McNab completes luxury White Main Beach apartment tower, reveals next Gold Coast project

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>.

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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.

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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."

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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.

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<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.

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Joel Robinson

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