OSK has launched a boutique selection of lofts at BLVD, the latest stage of their $2.8 billion Melbourne Square masterplan in Southbank.

The Canopy Loft collection has a limited range of one, two and three-bedroom configurations starting from $877,000.&nbsp;

OSK Property's Sales and Marketing Director Ivy Chen says the Canopy Lofts offers a different lens to traditional apartment living.

“These Canopy Lofts are a very rare apartment product and appeal to a contemporary audience who want to be right next to the CBD yet are looking for something with a ‘townhouse’ feel," Chen says.

[smartcode_project:default project_id=107714 project_image_fid=218318]

"Few high-rise developers build these types of loft apartments and when they do, they are always limited in number, which makes these very sought-after.”

The majority of the lofts have a main living space on the downstairs level, then another multi-purpose space upstairs which suits a small break out lounge with study area. That overlooks the void down to the main space.

"Given the huge void, it means the lofts have six-metre high ceilings from the ground level, essentially double a standard ceiling height," Chen adds.

The three-bedroom lofts offer a generous 157 sqm of living space.

[smartcode_project:default project_id=107714 project_image_fid=218319]

BLVD is the second stage in OSK's Melbourne Square precinct, launched following the completion of the first two successful towers in the mini masterplan.

Designed by Cox Architecture, BLVD&nbsp;is one of the first residential projects in Australia to be registered for WELL Certification, offering residents a healthy environment as well as future-proof living with smart technology and co-working spaces.&nbsp;

BLVD's extensive amenity features a 25-metre indoor swimming pool, part of its fitness and wellness space known as the Podium Club which features a state-of-the-art gym, a spa, and a sauna.

[smartcode_project:default project_id=107714 project_image_fid=211867]

Local buyers, mainly from Southbank,&nbsp;<a href="/developments/docklands-vic-3008">Docklands</a>&nbsp;and the CBD are tipped to engage the most with the new tower, with strong interest already generated from buyers who purchased in the previous stage.&nbsp;

The State Government recently announced they'll be developing a $1.5 million park up the road from Melbourne Square, near the Australia Centre for Contemporary Art (ACCA). The green space, which will span more than one hectare, is part of the government's $7.4 million Better Parks and Playgrounds program.

OSK took it upon themselves when creating their two-hectare precinct to reserve a significant portion for green space. They've already developed the 3,745 sqm Kennedy Park, designed by&nbsp;Taylor Cullity Lethlean, which features extensive established gardens and a waterfall, so residents can connect with nature.

[smartcode_project_cta:default project_id=107714]

The Canopy Loft collection has a limited range of one, two and three-bedroom configurations starting from $877,000

Joel Robinson

OSK launch Canopy Loft collection at Southbank's BLVD Melbourne Square apartment development

Redlands developer CS Development Group is preparing to launch Banyan Residences, a collection of just 30 apartments in the heart of Cleveland.

Steven Pantic, Founding Director of CS Development Group, said in recent years they identified the Redlands, and more specifically Cleveland, as a population growth area.&nbsp;

“Along with many parts of South-east Queensland, it’s an area of high demand with supply of larger, quality apartments being low,” Pantic said.

“Based on our delivery experience over 20 years, we know apartment residents are looking for spacious, well designed property that is most importantly, soundly built. Further, over the next 25 years the number of older people aged 65 years or older will increase."

Banyan's two-bedroom apartments start from $709,000, with the three-beds from $1,049,000.

[smartcode_project:default project_id=137845 project_image_fid=215529]

CSDG also has Casa Residences, also in Cleveland, in market. That has just 10 apartments ranging in size from 102 sqm two-bedroom apartments to 186 sqm three-bedroom units.

Position Property have sold three apartments in Casa Residences already to local buyers.

Pantic says many of their past buyers, who are downsizers, have told them they are looking for single-level living at an affordable price, with the&nbsp;ability to continue living in their local community.

“We have committed to bringing a new pipeline of quality residential developments to the area, commencing construction of our first, Casa Residences, prior to commencing the sales campaign to provide the local market with confidence in our ability to deliver.”

[smartcode_project:default project_id=134349 project_image_fid=214000]

Queensland Deputy Premier, Steven Miles has released updated population projections, forecasting growth of over two million new residents in South-east Queensland by 2046.

“We are in our decade of opportunity. We have a strong economy. We have a 10-year pipeline of infrastructure projects in the lead up to and beyond Brisbane 2032," Miles said.

“Thanks to all of this, and our great Queensland lifestyle, we’ve seen record levels of net interstate migration and now increasing international immigration.

“Because our population is growing, we need to get ready to build more of the Queensland we love."

The population of Redland City Council alone is expected to increase by 50,549 people between 2021 and 2046, from 161,730 to 212,279.

Steven Pantic, Founding Director of CS Development Group, said in recent years they identified the Redlands, and more specifically Cleveland, as a population growth area

Banyan Residences to launch to undersupplied Redlands apartment market

It was a decade ago when Harry Triguboff's Meriton completed Vantage, their first build-to-rent project in Rhodes, a waterside inner west suburb of Sydney.

Now the nation's largest apartment builder is set to develop a buy-to-sell project on the other side of the train tracks.

The $137 million plans are for two Plus Architecture-designed towers with 285 apartments on an amalgamated 5,516 sqm site across Blaxland Road, Concord Road, and Llewellyn Street. The apartments will sit above a medical centre, childcare centre, a commercial office, and four retail spaces.

Over half of the apartments are two-bedders (145). There are 57 one-bed units, 66 three-beds, and 17 four-bedroom apartments.

<img alt="Meriton" data-entity-type="file" data-entity-uuid="22f71a88-c0eb-412b-a6b2-13b50514d836" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-16%20at%201.30.20%20pm.png?VersionId=06HuodDyLQmgqdO3Nbrt_2p.xWJcldb4" />

The apartment mix is distributed throughout the building, Plus advise.

"There are larger apartments on both lower and upper levels and each level accommodates a diversity of apartment types," their Design Verification Statement submitted to Canada Bay Council stated.

They will be spread across the two buildings, one nine levels, the other 28.

Plus say the&nbsp;buildings are composed to be clearly legible and to clearly establish a base and tower form.

"Warm shades of materials are used to break through the building form to provide further contrast and warmth within the overall composition."

<img alt="Meriton Rhodes" data-entity-type="file" data-entity-uuid="e5da512b-d323-47f1-bf6f-90c51a69e38f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-16%20at%201.30.16%20pm.png?VersionId=p7x_Z9c4_gRwnZX4cHb1hQr4.88sjPF9" />

The building benefits from the new&nbsp;City of Canada Development Control Plan, adopted in March 2022, which provides detailed provisions to guide development for the Rhodes East Priority Precinct where the proposed development is located.

The site is located within ‘Station Gateway East’ character area, which is a key transport hub located between Rhodes Station and Concord Road. The close proximity to the station will encourage the use of rail services and other public transport modes.

&nbsp;

There will be nearly 1,500 sqm of communal open space, which will include a swimming pool on the roof of the smaller building. Five levels of basement will have 283 car parking spaces, 678 bicycle spaces, and 57 motorcycle spaces.

The landscaping was a collaboration between Oculus and Greenaway Architects.

<h2>Fast Facts</h2>

<ul>
	<li>Two towers</li>
	<li>285 residential apartments:
	<ul>
		<li>57 one-bedroom units.</li>
		<li>145 two-bedroom units.</li>
		<li>66 three-bedroom units.</li>
		<li>17 four-bedroom units.</li>
		<li>43 adaptable units.</li>
	</ul>
	</li>
	<li>1,143 sqm medical center: 1,143 sqm</li>
	<li>1,153 sqm, 140 place child care centre</li>
	<li>529 sqm commercial tenancy: 529 sqm</li>
	<li>Four retail tenancies totalling&nbsp;626 sqm</li>
	<li>1,463 sqm of communal open space</li>
</ul>

The building benefits from the new City of Canada Development Control Plan, adopted in March 2022, which provides detailed provisions to guide development for the Rhodes East Priority Precinct where the proposed development is located

First look: Meriton propose $137 million Rhodes apartment towers

UEM Sunrise has acquired its first residential development site in <a href="/developments/subiaco-wa-6008">Subiaco East </a>in Perth, their first development outside of <a href="/developments/melbourne-vic">Melbourne</a>.

They have spent over $22 million purchase two lots at The Oval precinct in <a href="/developments/subiaco-wa-6008">Subiaco East</a> from DevelopmentWA, where they will deliver two apartment buildings.&nbsp;The precinct is part of the state’s most significant urban redevelopment at the iconic former Subiaco Oval.&nbsp;

Subiaco is a <a href="/developments/subiaco-wa-6008">suburb renowned for its eclectic architecture</a>, quaint and leafy residential streets, premier shopping, and multicultural dining scene.

Plans for the upcoming mixed-use residential precinct will include the delivery of two towers with around 430 apartments, subject to development approval. Construction is expected to start on the project, which will also include up to 12 per cent affordable housing, in 2026.

The 4,930 sqm site, located two kilometres from <a href="/developments/perth-wa">Perth's CBD</a> on <a href="/developments/subiaco-wa-6008">Subiaco</a> Road and Haydn Bunton Drive, is within walking distance of the <a href="/developments/subiaco-wa-6008">Subiaco</a> entertainment precinct and West Leederville neighbourhood. It is also surrounded by around seven hectares of public open space.&nbsp; The <a href="/developments/subiaco-wa-6008">Subiaco</a> Train Station and West Leederville Train Station are an eight-minute walk.

<img alt="UEM" data-entity-type="file" data-entity-uuid="359ff14e-7db5-4cf9-ab85-9351baa3dc66" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-16%20at%201.56.21%20pm.png?VersionId=UhDBhOT6XaSOkdwYyTfRz_1D6P_yblWc" />

UEM Sunrise Chief Executive Officer Sufian Abdullah said that the company was thrilled to secure the prized site and expand its presence in the Australian market.&nbsp;

“We are delighted to work with DevelopmentWA on this landmark project as our first venture in Western Australia’s residential market," Abdullah said.

"Following the success of our projects in Melbourne, we are also pleased to be able to bring our local and global expertise to deliver a high-quality residential precinct that will complement Subiaco Oval’s rich heritage and landscape."

Abdullah said they had been actively looking at investing in Perth for some time, due to strong fundamentals underpinning the economy, a lower housing entry point compared to other capital cities, and some of the best prospects for capital gains in Australia.

"This development represents a fantastic opportunity to deliver new housing supply at scale and generate greater investment for the city. We look forward to working with DevelopmentWA, local stakeholders and the community on next steps for this exciting project."

DevelopmentWA Acting Chief Executive Officer, Dean Mudford, said the deal was a major milestone for one of WA’s most significant redevelopment projects, which will deliver much-needed new housing supply and support the revitalisation of the Subiaco town centre and West Leederville activity centre.&nbsp;

“Having delivered over 1,650 apartments in Melbourne, UEM Sunrise has demonstrated its commitment to delivering diverse, quality homes in Australia," Mudford said.

"The design concepts presented for Lots 1 and 2 at The Oval incorporate elements that celebrate the rich history of Subiaco and will complement the public realm around the iconic Subiaco Oval.&nbsp;

“We are delighted that UEM Sunrise has successfully secured this opportunity and look forward to working with them on bringing this project to life."

UEM Sunrise, who are owned by the strategic investment fund of the Government of Malaysia, has previously developed Aurora Melbourne Central, an 86-level tower in Melbourne's CBD, as well as Conservatory, which has 446 apartments with views of Carlton Gardens.

Plans for the upcoming mixed-use residential precinct will include the delivery of dual towers with around 430 apartments, subject to development approval



UEM Sunrise move into Perth off the plan apartment market with Subiaco Oval site acquisition

Multiplex has achieved practical completion at S P Setia's $600 million, dual-tower development on Melbourne's Exhibiton Street.

One tower is known as Sapphire by the Gardens, which comprises 325 apartments, while the other will be the future home for the 5-star Shangri-La hotel.

Sapphire by the Gardens, which rises 60 levels, was designed by Fender Katsalidis, who worked in collaboration with Cox Architects to create the striking buildings just off Carlton Gardens at the eastern end of Exhibition Street. 
 
The 61-level hotel is joined to the 60-level residential tower by a sky bridge on level 46. The sky bridge homes a number of amenities and a Sky Lounge for visitors and residents. It features a unique transparent ‘oculus’ glass floor with views into the UNESCO world heritage listed Royal Exhibition Building surrounding the Carlton Gardens and Port Phillip Bay.

[smartcode_project:default project_id=4470 project_image_fid=218304]

Beneath the two towers stands a mixed-use podium with spaces for resident recreational facilities, future hotel function, and above ground carparking.&nbsp;

Sapphire by the Gardens features exclusive resident facilities across two floors with a heated swimming pool, gymnasium, Sky Lounge, a cinema, karaoke room, chef’s kitchen and lounge with fireplace.

During construction Multiplex coordinated a unique purchaser upgrade which involved the installation of a $3 million supercar into the living room of the super-penthouse. The Sapphire by the Gardens super-penthouse has set the new benchmark for Melbourne property as the highest recorded apartment sale price in the city at around $39 million.

“We are thrilled to deliver this world-class precinct, and it is testament to the collaboration and determination of our team and subcontractors," Ross Snowball, Regional Managing Director of Multiplex, said.

"Constructing two towers simultaneously takes exceptional planning and management, especially when facing construction and engineering complexities like the iconic sky bridge, 46-storeys in the air. 
 
"This iconic development breathes new life into the CBD, and it’s set to become Melbourne’s next landmark.”

Construction of the unique sky bridge required innovative methodologies, with Multiplex creating a temporary protection deck beneath it to enable safe working access. This deck cantilevered out from the building and sat between two large trusses. The successful delivery of the sky bridge saw the project win the ASI 2022 National Award for Engineering Projects.&nbsp;

“The completion of Sapphire by the Gardens and the Shangri-La marks our fifth significant development within Melbourne", Datuk Choong Kai Wai, President and CEO of S P Setia, said.

"We are thrilled to see this iconic development come to life and stimulate thousands of local jobs during and after construction."

Construction of 308 Exhibition Street spanned a four and a half years, generating over 1,000 jobs, with more than 500 workers on site during peak periods.&nbsp;

[smartcode_project_cta:default project_id=4470]

Sapphire by the Gardens, which rises 60 levels, was designed by Fender Katsalidis, who worked in collaboration with Cox Architects to create the striking buildings

Multiplex achieved practical completion of S P Setia's Sapphire by the Gardens, Melbourne apartment tower

Eddy Haddad's Level 33 has continued to pad out its development pipeline.

They've submitted plans to the Georges River Council for a $35 million project across an amalgamated 10-lot, 2,572 sqm site at 1-11 Princes Highway and 1-5 Stanley Street in <a href="/developments/kogarah-bay-nsw-2217">Kogarah Bay</a>.

The 10-level tower will home 112 apartments, a stone's throw away from <a href="/developments/kogarah-nsw-2217">Kogarah</a> Town Centre and <a href="/developments/kogarah-nsw-2217">Kogarah</a> Train Station.

<img alt="Level 33" data-entity-type="file" data-entity-uuid="ae88caed-fe34-4bbf-a051-13171bde79da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-15%20at%209.08.29%20am.png?VersionId=xMzk2i1gKbgVXCQizrO3vpOtMIOqjlCM" />

The building has been designed by Tony Owens Partners, who said in their Design Verification Statement submitted to council that the proposal "will provide 112 high quality residential units which is consistent with the objectives of the zone and this precinct."

"Being located in the Town Centre, this is an area well served by existing infrastructure and amenities it is well served by public transport, schools, parks and shops. The additional yield will provide suitable, well designed housing for the area and contribute to this vibrant community."

The building will home commercial space with paved outdoor seating and landscaping facing Princes Highway.

<img alt="Level 33" data-entity-type="file" data-entity-uuid="ab9afa80-cf69-4626-bbb3-34c53a1fb33c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-15%20at%209.52.01%20am.png?VersionId=qhqahjpkpVHVKMxBMjpyPJlFeag6iokC" />

The precinct is zoned for 10-storey apartments, and Tony Owens says it is going through the process of transition of two to four-storey, pre-war flat building and two-storey commercial buildings to higher density developments.

"This can be seen on several blocks directly south of the site between Stanley Street and Regent Street, West of Princes Hwy. This area is characterised by 9-10 storey apartment blocks in close proximity.

"These blocks reflect the current and future character of the area."

<img alt="Level 33" data-entity-type="file" data-entity-uuid="2ae665a4-356a-406c-a906-051c14abf39f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-15%20at%209.08.36%20am.png?VersionId=0abpxklB.3VXDBMVLZ4Zk5N.bA_8YtXf" />

<a href="/developments/kogarah-nsw-2217">Kogarah</a> Station is just 500 meters away from the proposed project, and Rockdale Shopping Plaza 300 metres.

<a href="/developers/level-33">Level 33</a> have a long reputation developing in Sydney's south. They recently completed their 175-unit development, Kogarah Central at&nbsp;71-97 Regent Street, is just a few streets away from the proposed new project.

They're currently selling their <a href="/developments/wollongong-nsw-2500">Wollongong apartment development</a>, Atchison &amp; Kenny, a striking two-tower project on Ellen Street.

The 10-level tower will home 112 apartments, a stone's throw away from Kogarah Town Centre and Kogarah Train Station

First look: Level 33 file new plans for Kogarah apartment development

National developer Kokoda Property has secured two resident-friendly tenancies at its new <a href="/developments/milton-qld-4064">Milton apartment development</a>, The Ambrose.

They've leased the two retail tenancies at the base of the Cottee Parker-designed McDoguall Street tower to&nbsp;Ardo’s, City Winery’s innovative small-format wine bar concept, and Club Pilates, a&nbsp;fast-paced, 40 minute science-based workout destination.

They'll open in the 90 sqm and 100 sqm spaces later this year, with fitouts currently underway.

[smartcode_project:default project_id=141568 project_image_fid=218425]

Colliers Queensland Senior Executive Retail Leasing Ishbel Jones said the tenancies will be a great retail boost for the area.

“The <a href="/developments/milton-qld-4064">emergence of Milton as a popular precinct</a> owes to it being a natural extension of the CBD and close to transport and entertainment, in immediate proximity to Suncorp Stadium," Jones said.

“Nationally, we are seeing a real scarcity for quality retail locations, with demand and enquiry from both local and interstate operators at a high."

The Ambrose was Kokoda's first development in <a href="/developments/milton-qld-4064">Milton</a> following their successful Chester &amp; Ella project in nearby <a href="/developments/newstead-qld-4006">Newstead</a>. Recently completed, The Ambrose comprises 175 apartments, a health and wellness centre, private dining spaces, and a rooftop with an infinity pool with views of the Brisbane CBD, Mt Cootha, and the Brisbane River.

Earlier this year Kokoda <a href="/news/qld/kokoda-release-luxury-penthouse-collection-in-the-ambrose-milton-following-completion">released the penthouses atop The Ambrose</a>, the only apartments left for sale.

[smartcode_project:default project_id=141568 project_image_fid=218428]

Colliers Queensland Executive Retail Leasing Chloe Lonergan said The Ambrose presented a great opportunity for retailers to be home part of the well-connected and densely populated suburb of&nbsp;<a href="/developments/milton-qld-4064">Milton</a>.

“Milton’s riverside is one of the highest density employment areas in Brisbane, benefiting from its close proximity to the CBD and accessibility, Milton is emerging as one of Brisbane’s fastest growing suburbs,” Lonergan said.

“The local community will be able to enjoy the popular Ardo’s winery, which has already established it’s success in the suburbs of <a href="/developments/newstead-qld-4006">Newstead</a>, Hawthorne and Graceville.

“We look forward to seeing the ground floor come to life with the synergy of these tenants and watch the uplift of activity on McDougall Street unfold."

Kokoda are preparing to launch their next <a href="/developments/milton-qld-4064">Milton apartment development</a>, Ruby Ruby, less than metres away on Crombie Street. That will home 145 apartments across a 21-level tower, also designed by Cottee Parker.

Read more:&nbsp;<a href="/news/qld/first-look-kokoda-file-plans-for-latest-milton-apartment-tower-ruby-ruby">First look: Kokoda file plans for latest Milton apartment tower, Ruby Ruby</a>

[smartcode_project_cta:default project_id=141568]

Colliers Queensland Senior Executive Retail Leasing Ishbel Jones said the tenancies will be a great retail boost for the area

Kokoda's The Ambrose apartments in Milton secures Club Pilates and Ardo's Wine Bar tenancies

Aria Property has launched Casamia by Aria, their latest park-front West End apartment development.

The 14-level tower of just 44 apartments at 105-107 Jane Street sits adjacent to their previous project TreeHouse, which won the Best High Density Development in Australia at the 2023 UDIA Awards.

Designed by Rothelowman, who were inspired by the&nbsp;visionary Spanish architect Antoni Gaudi, <a href="/new-apartments/casamia-west-end-105-107-jane-street-west-end">Casamia</a> introduces a revolutionary tower concept characterised by a curvaceous design, intricate screening details, wrap-around balconies, and a seamless integration of indoor and outdoor spaces.

<a data-entity-type="file" data-entity-uuid="4ff6074f-1335-4bf5-a497-427934a9904b" href="/new-apartments/casamia-west-end-105-107-jane-street-west-end"><img alt="Aria West End" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Casamia%203..jpg?VersionId=iYCOX9AYiMmzMHK7H.HMHCmsZA2vktDM" /></a>

There's a mix of two, three and four-bedroom apartments overlooking Davies Park, as well as nearly 1,000 sqm of resident amenity spaces throughout the building.

Read more:&nbsp;<a href="/news/qld/how-aria-have-honed-their-craft-over-the-last-two-decades">How Aria have honed their craft over the last two decades</a>

Aria Property Development Director Brent Liddell said&nbsp;<a href="/new-apartments/casamia-west-end-105-107-jane-street-west-end">Casamia</a> is a testament to their commitment to creating remarkable living spaces that pay homage to the unique character of West End.

"Building on the success of our TreeHouse development, we've strived to craft homes that encapsulate craftsmanship, detail, and a natural material palette," Liddell said.

"Despite the challenges facing the construction industry, Aria Property remains steadfast in its mission to provide iconic homes to the residents of Brisbane, contributing to the housing supply in any way we can."

Casmia continues the Aria's tradition of producing extensive rooftop amenity. The rooftop at <a href="/new-apartments/casamia-west-end-105-107-jane-street-west-end">Casamia</a> will home an infinity pool,&nbsp;wellness features such as hot and cold magnesium baths and a sauna, and an exclusive residents' lounge and private dining room.

<a data-entity-type="file" data-entity-uuid="1383a3e9-3e3c-4518-80c2-5307e201c76d" href="/new-apartments/casamia-west-end-105-107-jane-street-west-end"><img alt="Enquire" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Casamia%202.jpg?VersionId=9OLgY3aD4yPCin5fYu5MuaFfdI26Zicq" /></a>

An onsite concierge will cater to residents' day-to-day needs.

As part of the 2023 UDIA National award winning developers commitment to sustainable living, Casamia introduces an electric vehicle (EV) focus.

The development offers an electric Mercedes EQC as part of its building-only car-sharing program, while also being EV-ready, providing infrastructure for residents to install EV chargers within their units.

Over 80 per cent of the project has been sold to Aria’s past customers and networks.

Casamia is projected to reach completion in 2026.

[smartcode_project_cta:default project_id=139836]

The 14-level tower of just 44 apartments at 105-107 Jane Street sits adjacent to their previous project TreeHouse, which won the Best High Density Development in Australia at the 2023 UDIA Awards

Aria launch Casamia, West End apartment development

Top Spring Australia has secured over $100 million in sales in the last three months at its <a href="/developments/st-leonards-nsw-2065">St Leonards</a> parkside masterplan community, The Newlands.

They've now sold over $160 million worth of apartments in the <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">1.26-hectare precinct</a>, with the strongest enquiry coming from professionals seeking an inner-city, tree-change lifestyle which is on the&nbsp;doorstep of the Royal North Shore Hospital and education precincts, and less than five kilometres to the <a href="/new-apartments/sydney-nsw">Sydney CBD</a>.

Colliers Director Daniel McMahon said professional couples accounted for 80 per cent of buyers at <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>, attracted to its Lower North Shore location and easy access to the hospital and education precincts.

Downsizers accounted for 15 per cent of purchasers, relocating from their established homes on both the Upper and Lower North Shore, including Kirribilli.

[smartcode_project:default project_id=24509 project_image_fid=203622]

“The Newlands is a development for every generation evidenced by the mix of buyers, from young families who value the large apartments, green space and parkland proximity, to empty nesters who appreciate the premium finishes and walkable lifestyle,” McMahon said.

“Regardless of their stage in life, every purchaser has commented on the tree-top outlook and resident amenities. They see it as a place to create a home and it appeals to their personal values in terms of community, sustainability, and connection to nature.”

The demand has fast-tracked the formal launch of the Glade collection, a boutique nine-level building of one, two and three-bedroom apartments alongside the 5,700 sqm green spine of <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a>.

The Bates Smart-designed project is bordered by parkland on three sides and includes communal onsite electric vehicles and e-bikes, refrigerated parcel lockers for grocery deliveries, and a digital concierge to connect services such as cleaners, personal trainers, and dog walkers.

Private resident amenities include a resort-style pool, playgrounds, gyms, and rooftop entertaining areas with city views.

[smartcode_project:default project_id=24509 project_image_fid=203623]

Top Spring Australia Development Director, Jeff Curnow, said the scale of <a href="/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a> is a refreshing contrast to towering high-rises, reflecting a community-driven design approach that embraces the tree canopy of the century-old Newlands Park.

“The entire development acknowledges its rare parkfront position and is surrounded by trees and greenery with elevated walkways, water features and nature pathways,” Curnow said.

“More than 50 per cent of the site is dedicated to green spaces, with a private green spine of beautifully landscaped gardens, recreation spaces and mature trees.

“It’s incredibly rare to have a tree-change lifestyle of this scale so close to the <a href="/new-apartments/sydney-nsw">CBD</a> and we’ve experienced an extraordinary response from home buyers.”

Early works have commenced on the Canberra Avenue site with DASCO appointed Top Spring Australia’s construction partner.

Prices start at $865,000 for a one-bedroom apartment, $1.42 million for two bedrooms, and $2.42 million for three bedrooms.

[smartcode_project_cta:default project_id=24509]

Colliers Director Daniel McMahon said professional couples accounted for 80 per cent of buyers at The Newlands, attracted to its Lower North Shore location and easy access to the hospital and education precincts

Top Spring fast track next stage of The Newlands St Leonards after $100m of sales

Boutique Melbourne property developer Piccolo has spent around $35 million on an apartment development site in <a href="/developments/kew-vic-3101">affluent Kew</a>.

The 8,475 sqm site at 18 Barry Street, on the corner of A'Beckett Street, will offer view lines across Yarra Bend Park and Studley Park, as well as the <a href="/developments/melbourne-vic">Melbourne CBD skyline</a>.

Piccolo Managing Director Michael Piccolo said from the very beginning, they saw the AAA-rated site as a perfect fit.

"Its location, surrounded by the serenity of leafy streets and impressive vistas, combined with its scale, liveability, and character, ticks&nbsp;all the boxes for us," Piccolo says.

"This unique opportunity is a rare gem in the current market, where properties of such calibre are extremely scarce."&nbsp;

While designs are currently being drawn up by Woods Bagot, in yet another partnership between the two, the project, A Piccolo House - Barry Street, Kew, is expected to be worth around $180 million.

The newly acquired site is currently occupied by a former Residential Aged Care Facility (RACF), comprising a combination of single and two-story buildings.

<a data-entity-type="file" data-entity-uuid="77ba6615-144d-4186-a23e-c25cd1373a69" href="/new-apartments/piccolo-house-barry-st-kew-barry-street-kew-18-barry-street-kew"><img alt="Piccolo" data-entity-type="file" data-entity-uuid="77ba6615-144d-4186-a23e-c25cd1373a69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-08-14%20at%2010.41.33%20am.png?VersionId=Ys2gpCoTiIKYRZYXANxTmUt7rauWhtxT" /></a>

"At Piccolo, we are driven by the desire to create homes that come with the promise of longevity and also enhance the lives of our residents, and the surrounding community with timeless developments," Piccolo added.

"In addition to finding the right partners, the ability to find the perfect site for every Piccolo home is an important part of achieving this goal. A building should be about more than just the residents who occupy it – if it’s loved by the community, it will remain for generations."

Piccolo will also bring in fellow long-term partner Hecker Guthrie to transform the site into a connected community.

"We are excited to join hands once more with Woods Bagot to bring to life our vision for this exceptional development site. Their innovative approach to design, combined with our commitment to excellence, will once more result in remarkable living spaces that offer both luxury and functionality."

This site acquisition follows Piccolo’s sales success with 385 Gore Street, Fitzroy which is currently under construction after selling&nbsp;70% of the residences in less than 5 months.

Colliers Director for Development sites Hamish Burgess, who handled the transaction with colleagues Ian Sanders and Justin Hazell, said development propositions of this stature within one of Melbourne's most coveted residential locations are rarely offered to the market.

"Its corner location, potential for stunning view lines, proximity to Kew Junction shopping village, and unique scale provides the perfect foundation for a market-defining project.”&nbsp;&nbsp;

Piccolo Managing Director Michael Piccolo said from the very beginning, they saw the AAA-rated site as a perfect fit

Piccolo buys $35 million Kew site for next development

For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

Joel Robinson

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