Stockland has released what will be one of the final residential stages in their $590 million Stockland Newport masterplan on the Redcliffe Peninsula, north of Brisbane.

The newest stage, Lake Residences, is one of the most impressive yet. Just 15 waterfront townhouses run along the water, where future residents will have direct access to their own private marina berth.

The Lake Residences are already under construction by top tier builder McNab, who have already completed the framework and are soon to have the roofs all installed. They're targeting a completion date of mid-2024.

[smartcode_project:default project_id=107206 project_image_fid=224781]

The two and three-level townhouses have been designed by Hollindale Mainwaring Architecture.&nbsp;

The kitchen features integrated SMEG appliances, a butlers pantry and a striking curved bench. That flows to the open plan living and dining area, which connects with an alfresco terrace. Some homes have a bar with wine storage adjoining their kitchen, and a full outdoor kitchen on the alfresco terrace.

[smartcode_project:default project_id=107206 project_image_fid=224784]

The living area is cleverly positioned both to take in waterviews and take in maximum natural light, with large windows looking out to the lake and a double-storey void with skylight bringing in light from above.

There's even a plunge pool and an outdoor shower in the landscaped courtyard garden which is located privately near the access to the marina berth.

There has been interest from younger downsizers who are wanting a boatie lifestyle without the maintenance, or the cost, of a waterfront home. There's direct access from the lake to Moreton Bay.

Around 30 per cent of enquiries have come from New South Wales and Victoria, primarily due to the comparative affordability of living lakeside in Newport QLD versus the cost in Sydney and Melbourne.

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Stockland filled in the lake in 2018, with some&nbsp;one and a half billion litres of sea water flowed into the lake. It took three years to build&nbsp;the 14-metre deep non-tidal lake, which is the centrepiece of the $590 million masterplan.

The Lake Residences occupy one of the most exclusive pockets in the 143-hectare masterplan which Stockland acquired in 2015.

They're located next to Lakeview Park on Aqua Street, just a short walk down Lakeview Promenade to the recently opened Newport Market Place which has a number of restaurants and cafes as well as an IGA, medical centre, and beauty specialist stores.

Coming out of Lakeview Promenade and heading the other way, residents will meet the&nbsp;AFL Sports Complex and Nathan Road Wetland Reserve.

[smartcode_project_cta:default project_id=107206]

Joel Robinson

Stockland release The Lake Residences with private marina berth at Newport QLD

<a href="/developers/fabcot" target="">Fabcot</a>, the development arm of Woolworths Supermarkets, is seeking to flip their development approved mixed-use site in Brisbane Kangaroo Point

The project was <a href="/news/qld/woolworths-green-lit-for-expanded-mixed-use-kangaroo-point-development">given the green light in August</a>&nbsp;after Fabcot amended plans following their acquisition of the site next door.

Their initial plans were for a 10-storey residential tower with 53 apartments, above a full-line Woolworths supermarket and three levels of parking. That was granted approval in December 2021.

Then they acquired&nbsp;an additional 149 sqm lot at 14 Prospect Street in January 2021,&nbsp;<a href="/developers/fabcot" target="">Fabcot</a>&nbsp;sought to modify the existing approval to accommodate the new purchase and create a larger and more extensive development.

<h4>Read more:&nbsp;<a href="/news/qld/first-look-woolworths-plot-larger-kangaroo-point-mixed-use-apartment-and-retail-development">First look: Woolworths plot larger Kangaroo Point mixed-use apartment and retail development</a></h4>

<a href="/developers/fabcot" target="">Fabcot</a>'s land package now spans a total of 3,197 sqm with frontages along Ferry, Prospect, and Deakin Streets, with part of the land reserved for potential future road widening.

<img alt="Woolowrths" data-entity-type="file" data-entity-uuid="25940ad6-6ea3-4234-8d12-641c6715ef93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-30%20at%208.04.58%20am.png?VersionId=YGK1mNxdCz3_xrakvvz8g.3sWYI3Ta6r" />

Plans are now approved for a&nbsp;17-storey building with 130 apartments. There will be seven one-bedroom apartments, 75 two-bedrooms, 44 three-bedrooms, and four four-bedroom apartments.

Amenities for the development will comprise a rooftop pool, gym, and outdoor barbecue space with seating. Around 2,600 sqm of space has been allocated for commercial use, allowing for a larger supermarket than initially proposed. The supermarket will now resemble a full-line store, catering to the needs of the Kangaroo Point community while adhering to a similar building footprint.

It was advised to the Brisbane City Council that the development would take place in two stages.

The first stage encompasses four basement levels (one more than originally approved), ground-level retail and commercial space, and rooftop services such as plant rooms and the condenser deck. The second stage will involve floors one to 15, along with the rooftop area, which will feature a garden, pool, barbecue area, and indoor gym.

Colliers has the listing. Woolworths already has in place the entire retail strata lease with an initial lease of 10 years and&nbsp;10 x 5 year options.

The project was given the green light in August after Fabcot amended plans following their acquisition of the site next door.

Woolworths development arm Fabcot list approved Kangaroo Point apartment development site

Prominent Melbourne developer Golden Age has sold its 425-apartment project in Box Hill to Build-To-Rent specialist Local.

The pair will partner up on the $360 million, dual tower project at 517-521 Station Street Box Hill, the site of the former Whitehorse City Council car park.

With architecture and interiors by leading architecture and interiors firm Fender Katsalidis, the development sits at the heart of the suburb’s transformation area, above Golden Age’s new food, lifestyle and retail precinct known as SKY SQR. The expansive three-level podium and food precinct spans around 12,000 sqm. It has been designed by world-renowned Oval Partnership.

Residents will have access to 1,170sqm of outdoor green spaces designed by landscape architect Aspect Studios alongside a range of exclusive amenities. Residents will have access to an 80-seat co-working space, three private dining rooms, a 20m indoor pool, exercise and wellness studios, games and entertainment rooms, and pet wash and electric car share facilities.

Local Co-CEO Matt Berg said the growth in the market of Box Hill has been extraordinary, and they&nbsp;believe the location will endure through market cycles.

"We’re excited to be partnering with Jeff and his best in class team to deliver this project," Berg said.

The Box Hill development will be Local’s first BTR residential project outside Melbourne's inner-city ring. Construction will commence in Q1 2024, with residents moving in late 2025.

<img alt="Box Hill" data-entity-type="file" data-entity-uuid="bc8f05b8-4774-4469-a5d1-d9ec22ac117d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-31%20at%209.11.50%20am.png?VersionId=6TQo8yR502JGZYxc2wnaXuzKNgMaE3Os" />

With a strong local community and economy built on the back of the Eastern Health Precinct and the Box Hill Institute of TAFE, the area is positioned for incredible growth with the development of the suburban rail loop connecting key metropolitan activity centres with the outer suburbs of Melbourne.&nbsp;

Local’s Head of Capital Transactions, Chris Axsentieff, said the move shows Local’s commitment to providing much needed supply in well-connected inner to middle ring locations.

“With a growing need to deliver quality housing alongside access to education, employment and culture outside of the Melbourne CBD, Local is determined to deliver attainable projects in inner to middle ring locations so more renters can enjoy thriving suburbs like Box Hill, which are tightly held, established residential markets with amenity that appeals to a broad range of prospective residents,"&nbsp;Axsentieff said.

"We take a focused approach when considering our development sites, identifying the specific needs of an area and what value we can bring the local community.

"When we looked at Box Hill, we saw a close-knit, diverse community and strong local economy, which we want to build on. The current and future Box Hill infrastructure will continue to drive demand and is unique in Melbourne, being somewhat of a second CBD. We are excited to be partnering with Golden Age Group to create residential projects for new and existing residents to enjoy this vibrant and well-connected suburb.”

Golden Age Group Founder and Managing Director Jeff Xu said Local is the perfect partner to deliver the Build-to-Rent component of the Box Hill project.&nbsp;

“We have spent considerable time exploring and researching the right direction for this project to ensure it caters to the suburb’s ever-evolving needs. Box Hill is the perfect location for build-to-rent and we have always seen ourselves as a co-developer of Box Hill so it’s important every project aligns with the council’s strategic vision and the needs of current and future residents. Local’s commitment to community aligns closely with ours and collectively, we will deliver an unprecedented and iconic project to Box Hill, continuing to shape this vibrant suburb by providing a fresh offering.&nbsp;

“We are excited to be working with the calibre of industry professionals of Dan McLennan and Matt Berg who are distinguished leaders in their fields,” he said.

In line with Local’s ESG commitments, 37 apartments in the development are committed to impact housing. Local has successfully established a housing model delivering tangible social benefits whilst achieving commercial returns without the assistance of government support or tax concessions. It's impact housing model incorporates a minimum of 10 per cent social, affordable and specialist disability accommodation in each of its developments, to grow this to a minimum of 1,500 social and affordable homes over the next decade as part of its development pipeline target of over $5 billion.

Local Co-CEO Matt Berg said the growth in the market of Box Hill has been extraordinary, and they believe the location will endure through market cycles.



Golden Age to partner with Local on Box Hill apartment development

South Kingsville might only cover 0.7 square kilometres and have a population of 2,156, but the quiet suburb near Spotswood and Newport is attracting attention for its connection to everything Melbourne has to offer.

The suburb is in fact so small that two parks cover over eight per cent of its total area.&nbsp;

South Kingsville perfectly combines the trendy café culture of Yarraville with the beachside allure of Port Phillip Bay's fishing havens.&nbsp;

It was this blend that attracted Frater Group to the suburb for their latest townhouse development, Knew, just 32 townhouses which have recently been completed.

[smartcode_project:default project_id=95138 project_image_fid=246104]

The New Street project, which has two, three and four-bedroom townhouses on offer, was designed by&nbsp;IN8 Architects who created facades built on bold geometric lines and shapes and European-style terraces.&nbsp;

Knew residents have&nbsp;direct access to Patchwork Park, one of the two parks in South Kingsville. They're just 10 minutes away from the recently upgraded Edwards Reserve, which has a kid's playground and barbecues.

The exclusive South Kingsville address also offers residents proximity to an impressive selection of educational institutions, with 11 schools within a two-kilometre radius.&nbsp;

St Margaret Mary's School, Newport Lakes Primary School and Emmanuel College are some of the nearest schools to the property.

Westbourne Grammar and Heatherdale Christian College, which rank among Melbourne's top 50 VCE performers, are a seven-minute drive from Knew.

[smartcode_project:default project_id=95138 project_image_fid=204623]

The development also includes a new childcare centre managed by Community Children. The South Kingsville childcare centre allocates space for five children’s rooms and a cot room on the ground floor, especially for working families that need extended daycare.

As far as eateries go, there's everything from&nbsp;the award-winning Middle Eastern cuisine at Dukkah to delectable soul food BBQ at Burn City Smokers.&nbsp;

Motorino Pizzeria offers authentic Italian pizza, pasta, and gelato, while BlackSheep is a popular spot for breakfast and coffee—all within a ten-minute walk to Vernon Street.

[smartcode_project:default project_id=95138 project_image_fid=246099]

On the weekend, residents can tee off on the lush greens of Altona Lakes, Westgate and Stony Creek golf courses.

Perfect for picnics, birdwatching, and nature hikes with pets, the 33-hectare Newport Lakes Reserve is only a 10-minute walk from KNEW, with its dramatic dividing stones between the North and South Lakes and various walking tracks.

The townhouses are now ready to move in.

[smartcode_project_cta:default project_id=95138]

The suburb is in fact so small that two parks cover over eight per cent of its total area

South Kingsville: The unassuming Melbourne suburb that offers everything

The luxury penthouses and sub penthouses in Ode, Double Bay, the high-end apartment development by Top Spring, have officially sold out, and with an average sale price of $20 million across the five residences.

Ode first set the sales record for Double Bay with its $24.9 million penthouse sale last year and since then has <a href="/news/nsw/top-spring-secure-double-bays-second-most-expensive-apartment-at-ode-double-bay">consistently achieved strong sales</a>.

Read more:&nbsp;<a href="/news/nsw/downsizers-splash-21-49-million-on-ode-double-bay-penthouse">Downsizers splash $21.49 million on Ode Double Bay penthouse</a>

The six-storey building, designed by celebrated Sydney architect Luigi Rosselli, is located in the village heart of Double Bay on Cross Street, best known for its restaurants and art galleries.

Construction <a href="/news/nsw/construction-commences-at-top-springs-ode-double-bay-apartment-development">commenced on the project</a> in July.

Top Spring Australia Managing Director, Sydney Ma, said buyers have been drawn to the Double Bay village lifestyle and Ode’s extraordinary blend of architecture, art and culture.

“Buyers recognise that Ode will become a sculptural landmark in Double Bay and is a defining point in its renaissance, bringing to life the symbiotic relationship between architecture and art,” Ma said.

“They also appreciate the meticulously curated interiors by Alwill that connects with the purchasers’ own sense of style and aesthetic, whether it be the curved wine wall or Rosselli's signature statement fireplace design.’’

<img alt="ODe Double Bay" data-entity-type="file" data-entity-uuid="da43b63a-7e40-4067-927b-d1ace1283dd8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-26%20at%202.58.30%20pm.png?VersionId=VnRR4U7YHh9wzAnbt8nu_aM0kcRjla5z" />

He said the final eight apartments, known as The Village Residences, were next to sell.

“The final release within Ode encapsulates the same level of design-thinking and personalisation as the penthouse collection, and connection to the vibrant village atmosphere,” Ma added.

“Ranging in size from 234 sqm to 309 sqm they are effectively the size of a single-level home, with the added security and privacy of apartment living.

“Each of the 15 residences has access to a dedicated on-site concierge who will curate a range of services and experiences including private meal deliveries from Double Bay institution Indigo, which is 
expanding into the building.

“The concierge service can also organise drycleaning, parcel collections, or theatre, restaurant and water taxi bookings. At its core is the concept of ‘giving time back’ so residents can enjoy more of the things they most desire to do.’’

<img alt="Ode Double Bay" data-entity-type="file" data-entity-uuid="270cb5e7-9144-4d55-9cf7-2022b4b4c59c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-26%20at%202.58.38%20pm.png?VersionId=hfbHLqYshi5utV4WNWHgi04hdmGW7SFH" />

Managing Director of 1st City Projects, Brad Caldwell-Eyles, said Ode’s architecture, location and extraordinary attention to detail captivated the attention of well-heeled buyers looking to downsize from 
their large harbourside homes.

“Travel plays a large part of the lives of our buyers, so Ode’s ability to deliver the size and comfort of a luxury home with security and a low maintenance ‘lock and go’ home in the heart of the Double Bay village has incredible appeal,” Caldwell-Eyles said.

“Ode’s dedicated concierge service and the inclusion of two outstanding restaurants – Indigo and Carte Café – also plays into the incredible lifestyle experience on offer.”

Prices in The Village Residences collection start from $9.7 million for a three-bedroom residence. Ode’s neighbouring sales gallery is open by appointment and includes Rosselli's signature statement fireplace design, timber and travertine floors, stone benchtops, and premium cabinetry.

Top Spring Australia’s other Sydney projects under construction include Munro House in Elizabeth Bay and The Newlands, a $600 million master planned community in St Leonards.

Top Spring Australia Managing Director, Sydney Ma, said buyers have been drawn to the Double Bay village lifestyle and Ode’s extraordinary blend of architecture, art and culture

Top Spring sell out Ode, Double Bay penthouses at an average of $20 million

North Sydney is set to welcome a new apartment development with Chinese developer Wu Investments soon to launch&nbsp;Serendipity, a collection of 29 apartments near North Sydney's Northpoint Tower retail hub.

Prices will start from $1.23 million for the one-bedroom apartments with a study at 5 Doohat Avenue. The two-beds, also with a study, are priced from $1,765,000, and the three-bedroom apartments from $3.09 million.

Wu Investments already have a builder appointed,&nbsp;Novati, who will begin construction next year. The four-level building has been designed by&nbsp;Mackenzie Architects International, with interiors by Tesser Arch and landscaping by Conzept Architects.

One of the drawcards of the project is the location, just a 10-minute&nbsp;walk to North Sydney station, Greenwood Plaza, and the North Sydney metro, due to be completed Q2 of 2024.

Ray White Projects Western Sydney Managing Director Mark Bernberg expects high demand for the boutique apartments situated in a quiet street.&nbsp;

"Sitting amongst close distance to medical, school and transport and a short walk to Sydney CBD, Serendipity is a reflection of the strong market we’re seeing for off-the-plan projects," Bernberg says,

Bernberg says buyers are now looking to transact with interest rate hikes all but over.

"There has been a lot of uncertainty surrounding interest rates, with people sitting on their hands and not willing to commit. What we’re starting to see now is confidence in both home buyers and investors as we realise that interest rate hikes are unlikely with the most likely move next year being downward.

"We’re in a unique position with our off the plan project, with North Sydney looking to grow year on year and interest rate rises coming to a stop, investors and home buyers can see strong ROI and positive rental history and high capital growth opportunities.&nbsp;

&nbsp;

North Sydney has seen a sales turnover of 4.4 per cent in the past 12 months, with an annual 10-year compound growth rate at a steady 4.2 per cent and a 3.3 per cent rental yield.

The average person holding their property for 12.2 years shows strong opportunities for investors.&nbsp;

&nbsp;

Wu Investments have previously developed in the North Shore before, completing&nbsp;Thirty 8 Albert Avenue, a mix of apartments, a 100-room hotel, and an eye hospital, back in 2015.

Ray White Projects Western Sydney Managing Director Mark Bernberg expects high demand for the boutique apartments situated in a quiet street

Serendipity, North Sydney apartment development, to launch

Set against the backdrop of the Yarra River, Como Terraces stands as a testament to the harmonious relationship between architecture and nature.

Developed by Cbus Property in a joint venture with Sterling Global, the unique project comprises eight intricately designed buildings that cascade down the steep topography of Como Hill in South Yarra.

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it.

The emerging form is imbedded deep amongst lush native and exotic landscapes, enlivening the structures through a measured calmness in the process.

"Como Terraces is a project that truly responds to its site and context," said David Brooks, Associate Director at Carr.

"The site's topography presented a dramatic shift in levels, with a steep drop of 26 metres down to the Yarra River. Our challenge was to create a design that would coexist harmoniously with this unique landscape."

[smartcode_project:default project_id=112238 project_image_fid=208348]

Inspired by the site's dramatic topography, the architects conceived the idea of "central steps" – a pedestrian route that winds through the entire site. The eight buildings, presented almost like individual homes, collectively house 39 two, three, and four-bedroom apartments. Pathways meandering through native plantings connect these buildings to amenity spaces, private courtyards, and parking levels, enhancing the sense of community and connectivity within Como Terraces.

The layout of the eight buildings was planned to follow the site's natural contours, solar orientation, and viewpoints. At first glance, their placement may appear random, but it is, in fact, a deliberate response to the site's unique features.

"The lower level buildings are positioned orthogonally to the bend of the river, while the second tier of built form angles to provide unobstructed views and privacy," Brooks explained.

"This thoughtful arrangement minimises overlooking, both within the development and toward neighbouring properties."

The choice of materials plays a pivotal role in Como Terraces' integration with its natural surroundings. Textured concrete, varying in treatments and tones, helps the buildings blend seamlessly into the landscape, giving the impression that they have emerged from the hill itself.

[smartcode_project:default project_id=112238 project_image_fid=208340]

Luxury meets nature in the form of communal amenities and spacious residences. Private dining and lounge spaces foster a sense of community, while large balconies provide residents with breathtaking views of the Yarra River and the Melbourne CBD.

"Understanding the needs of future residents was crucial," Brooks said. "Each residence is spacious, allowing for entertaining, and the landscaping minimises any sense of compromise for those downsizing."

Como Terraces reimagines the traditional South Yarra Terrace home as a gallery-like space that affords residents stunning views upon entry. Its distinctive design approach and deep connection with nature set it apart from other developments.

The collaboration between Carr and TCL, the landscape architects, was pivotal in achieving Como Terraces' seamless integration into the natural environment. Lisa Howard, Director at TCL, emphasises the importance of preserving the site's indigenous vegetation and history.

"We wanted to nestle the built form into the steep slope of the landscape," she said. "The landscape was to be the dominant element, immersed within it and respecting the river frontage and Como Park."

[smartcode_project:default project_id=112238 project_image_fid=208347]

One of Como Terraces' unique features is the inverse experience it offers.

"The meandering journey element is atypical, and it's quite distinct," Brooks added. "As you explore the site, the buildings reveal themselves strategically, providing a unique and ever-changing perspective." This approach, inspired by adjacent heritage apartment buildings, adds a contemporary twist to the landscape.

Como Terraces embodies balance in every aspect. From its soft and sensitive approach to materials, earthy tones, and textures that echo the natural context, to its role as a backdrop to the surrounding landscape.

"It's all about being a backdrop to the landscape," Brooks said. "No lavish overlaying – it is about the beautiful finishes and framed views of the outside, blurring the lines. It is about the experience of calm."

[smartcode_project_cta:default project_id=112238]

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it

When architecture meets nature: How Como Terraces seamlessly blends into its Yarra River landscape

Geelong's first apartment launch in a number of years has gone off with a bang.

Developer DM Property Group has secured 35 per cent of sales at its new Geelong apartment development, Motif Geelong. The sales came first from a VIP launch held earlier in the month, and then a public launch a week later.

RPM Group Projects Director Nic Cuni says the sales is a testament to the collaborating between DM Property, JV partner Icon Developments, as well as the&nbsp;exceptional architectural design by Rothelowman.

[smartcode_project:default project_id=136615 project_image_fid=222939]

The project lent itself to a mix of buyers, which is what Cuni has seen already.

"The most prominent buyers were first home buyers, predominantly female professionals who work in the area and want the safety and securing of an apartment. They want to be in the heart of the action, going to the local restaurants and the growing lifestyle precinct. They're not wanting to leave the city to buy a house and land package outside of Geelong."

Cuni says the other biggest demographic was local downsizers.

"They're downsizing from their suburban home into an apartment which is bringing them closer to Geelong and everything the city offers."&nbsp;

Local investors, who have seen the growth in Geelong in recent years and believe there's still signifcant upside when it comes to price growth, also bought in, as did a couple of interstate investors.

Motif has 129 one and two-bedroom apartments across its five-levels.

[smartcode_project:default project_id=136615 project_image_fid=222935]

Motif is fossil fuel-free, and the electricity consumption is offset by significant solar paneling, making it a 7-Star NAThers-rated building.

Cuni says the location, paired with the rarity of a new apartment development in Geelong, was a major factor in the sales success.

Motif is ideally located at 1 York Street on the fringe of the CBD, just a stones throw from&nbsp;Pakington&nbsp;Street's cafes, restaurants and bars, and the Little Malop Street precinct, home to The Geelong Library and Heritage Centre, the most striking piece of architecture in town,&nbsp;while all being one street away from the water.

"This really ticks all the boxes for so many people. The location is unbeatable, so close to amenity, the beach, and just a 10-minute walk into the heart of the city. Then there's&nbsp;<a href="/architects/rothelowman" target="_blank">Rothelowman</a>, who are one of the best collaborators in the game."

DM Property was founded by property development experts&nbsp;Brendan Mullan and David Dordevic. Their first development was Early 3191, a collection of townhouses in the heart of Sandringham. That was another in which they had Rothelowman pull together the designs for the 35 townhomes.

[smartcode_project_cta:default project_id=136615]

RPM Group Projects Director Nic Cuni says the sales is a testament to the collaborating between DM Property, JV partner Icon Developments, as well as the exceptional architectural design by Rothelowman

Motif Geelong apartment sales rocket on launch

Off the plan buyers rarely get the opportunity to take advantage of stamp duty savings on a completed apartment.

However that opportunity has presented itself at Omnia, the recently completed apartment development in Moorabbin in Melbourne's City of Kingston area.

While the 34 apartments have been completed, titles are a few weeks away from being registered, which means prospective purchasers are still subject to stamp duty concessions as if the apartment is off the plan.

Buyers can save around $28,000 on stamp duty if they buy the apartment before titles are issued, while first home buyers could save up to around $50,000.&nbsp;

[smartcode_project:default project_id=29048 project_image_fid=228840]

The development by Shenfield Property Group was designed by Roger Brayshaw Architect so the apartments were larger than anything on the market in the local area.

There's just one two-bedroom and one three-bedroom apartment remaining. The two-bedroom, spanning over 200 sqm with two car spaces, is asking $925,000, while the three-bedroom apartment is priced at $1.15 million.

[smartcode_project_cta:default project_id=29048]

It's been around an 18-month build at Omnia. Construction kicked off on the project in early 2022.

Noorden Property Director David Lamond, who has been in charge of sales at Omnia since it launched, said almost all of the buyers in the project have been owner-occupiers due&nbsp;to the larger than standard floorplans on offer.

Some buyers have even bought side by side apartments and amalgamated.

[smartcode_project:default project_id=29048 project_image_fid=228840]

There was also a boost halfway through the marketing when the&nbsp;City of Kingston Council announced they were to expand&nbsp;the current&nbsp;Healey Street Reserve pocket park to a larger space, after recently securing 2 Horscroft Place, literally next door to Omnia.

The new green space features open lawn areas, murals, tables with seating, and extensive landscaping with canopy trees. The new design&nbsp;incorporates water-sensitive Urban design principles&nbsp;and will also see the council plant new street trees.

[smartcode_project_cta:default project_id=29048]

The development by Shenfield Property Group was designed by Roger Brayshaw Architect so the apartments were larger than anything on the market in the local area

Final opportunities for stamp duty savings at Omnia, Moorabbin apartments

In as little as three weeks, South East Queensland apartment developer Mosaic Property Group has secured $100 million in sales at its new luxury Burleigh Heads apartment development, Isabel by Mosaic.

Isabel, designed by Koichi Takada Architects, is part of Mosaic's Masterpiece Series, and sits on a prime site at 96 Esplanade which was bought from David Calvisi's Forme Development.

Mosaic's registered VIP database snapped up a number of the three and four-bedroom apartments well ahead of the public release. There's been local and interstate buyers so far, with prices ranging between $4.5 million and $10 million.

There's just 28 apartments across the 17-level, $160 million building, a mix of half-floor and full-floor residences, including sky homes and two split-level penthouses, each with their own private rooftop pool.

[smartcode_project:default project_id=99968 project_image_fid=229001]

The living spaces span up to 482 sqm in the apartments. Each apartments will offer uninterrupted ocean and headland views. In the building are a number of hotel-style amenities, such as a swimming pool, gymnasium, steam room, sauna, and outdoor lounge area.

Mosaic will also roll out a virtual concierge at Isabel.

Mosaic's building arm, Mosaic Construction, has already kicked off early construction works. They're targeting a late-2025 completion.

[smartcode_project:default project_id=99968 project_image_fid=229000]

Mosaic's Founder and Managing Director, Brook Monahan, says the&nbsp;overwhelmingly positive reception to Isabel is very pleasing and humbling.

"The rapid and enthusiastic response from our database so soon into its exclusive pre-release stage reflects their trust in us and our brand," Monahan says.

"A dedication to delivering on our promises and raising the bar for luxury living has always been at the core of what we do, and Isabel embodies this ethos in every way."

[smartcode_project:default project_id=99968 project_image_fid=229005]

Monahan says Isabel represents a harmonious blend of innovative design, exceptional quality and uncompromising functional luxury in one of the best locations on the east coast of Australia.

"We don't just create beautiful homes; we aim to craft unique and desirable living experiences that, like our buildings, will stand the test of time. Our team is committed to always going the extra mile to ensure every detail exceeds the highest expectations and that every client is treated with the utmost care and respect."

Isabel marks Mosaic's 11th luxury Gold Coast release in less than five years, with a combined value of well over $1 billion. It is Mosaic's fourth Burleigh Heads release, after the award-winning Grace by Mosaic ,completed in early 2023, Augusta by Mosaic, and the Masterpiece Series address Florence by Mosaic, both due for completion in mid-2024.

A range of opportunities remain at Isabel, with pricing starting from $4.5 million.

"In the world of ultimate coastal beachfront living, opportunities like Isabel are rare gem," Monahan added.

"They just don’t come along very often in terms of beachfront land in such unique and highly sought-after locations like Burleigh Heads."

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There's just 28 apartments across the 17-level, $160 million building, a mix of half-floor and full-floor residences

Mosaic secure quick $100 million in sales at Isabel by Mosaic, Burleigh Heads

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.

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<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.

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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."

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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.

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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."

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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."

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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.

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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.

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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."

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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.

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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.

[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.

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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.

[smartcode_project_cta:default project_id=134951]

Joel Robinson

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