First home buyers and investors are driving the demand in the apartment market in Sydney's western suburbs.

That's what Ray White Projects Western Sydney Managing Director Mark Bernberg, who has seen the market go back and forth in 2022, recently told Urban.

He's calling it the "summer of love" for the two buyer camps.

"First home buyers are taking advantage of the generous government incentives, opting either for the government's stamp duty concessions, or choosing to pay a land tax rather than stamp duty all together," Bernberg says, adding that investors are also well and truly back in the market after a hiatus over the last few years.

"Investors are acting on the current rental crisis which is happening Sydney-wide. They're coming into the market in the knowledge that when projects are complete, they'll be seeing considerably stronger yields than they ever have before."

Sydney was the only capital which bucked the trend of quarterly rental growth decline, according to CoreLogic. Sydney recorded a new cyclical peak of 43 per cent over the three months to October, thanks to the strong return of overseas migration.

Demand for first home buyers and investors was obvious in the Castle Hill apartment development Castle Island by KWG (pictured main), where Ray White Projects sold out all of the one-bedders in the project in double-quick time.

[smartcode_project:default project_id=112005 project_image_fid=191253]

The demographic Bernberg is seeing less of is downsizers, who were prominent at the start of the year, but are now starting to reconsider their options as the established housing market continues to dip.

"The majority of downsizers are feeling like they missed the boat to sell their current family home for a premium when prices were at an all time high earlier this year," Bernberg suggests.

He is still seeing some activity in the downsizer market, from those who believe the market could scale back another 10 to 15 per cent and they want to sell sooner rather than later.

Bernberg, who helped set up Ray White's new projects division in Western Sydney earlier this year, believes apartments will outperform houses over the next 12 to 18 months.

"The apartment market as an asset class has everything going for it," Bernberg says.

"Apartments are more affordable than houses, yields are considerably better, there's never been more government incentives in place , and migration is starting to climb."

Demand has bounced around in 2022, which, rather than a tale of two halves, has almost been a tale of three thirds.

"We started the year with real positive momentum. Even in the early stages of the RBA's interest rate hikes, we were still seeing good enquiry and transacting well," Bernberg says. There was considerable success particularly at RWPWS's Jordan Springs project Kala, just outside of Penrith.

[smartcode_project:default project_id=27460 project_image_fid=195123]

The strong start to the year began to fade however across the board, as it often does heading into winter, but Bernberg said this winter was different to any other.

"We were into the fourth, fifth and sixth interest rate hikes over what is always the quietest time of the year every year, so prospective buyers were holding off committing to a purchase as they waited to see when the RBA would stop lifting rates."

Despite the expectation the RBA will continue to hike rates into early 2023, Bernberg said that as soon as the sun started shining, buyers were back out in force.

"It was almost like a switch was flicked around September where buyers were starting to come back out. They were starting to see an end in sight for the rate rises, and were able to factor that into their spending. They also wanted to lock in their approvals and purchases before rates continued to climb and their borrowing capacity shrunk further."

[smartcode_project:default project_id=27460 project_image_fid=195122]

Bernberg says there's a complicated gap at the moment in the off the plan space, which is being driven by the increased cost in construction.

"In a market downturn, developers would often shave a bit off the price of the apartments in their development," Bernberg states. He adds however that developers just can't&nbsp;

"Given the rising costs of labour and materials, they can't offer sweeping discounts or they won't be able to make the project stack up financially.

"Some prospective buyers are getting some joy in negotiating prices. They're looking for what they deem to be a bargain. If there is wiggle room, and they feel like they're able to get a couple of percent off the original asking price of the apartment, then they're happy to transact and everyone's a winner."

Bernberg, who helped set up Ray White's new projects division in Western Sydney earlier this year, believes apartments will outperform houses over the next 12 to 18 months

Joel Robinson

"Summer of love for first home buyers and investors": Five minutes with Ray White Projects Western Sydney's Mark Bernberg

Following development approval in September, Malaysian property developer MRCB International has launched it's debut Queensland apartment project, 26 Vista.

Named after it's prime location at 26 Vista Street, just one street back from the sought-after Northcliffe Beach, 26 Vista will rise 51 levels and home 280 apartments starting from $600,000. There will also be six three-storey townhouses that front Northcliffe Light Rail Station.

[smartcode_project:default project_id=112730 project_image_fid=208885]

There was a conscious effort by local architecture firm DBI Design to focus on sustainability initiatives which are often seen more frequently in Australia's major capital cities and rarely in the Gold Coast apartment market.

Residents will be encouraged to transition to electric powered vehicles with an array of EV charging ports that will future-proof the development, while a proposed EV car share service is said to be the first on-site service of this kind on the Gold Coast.

[smartcode_project:default project_id=112730 project_image_fid=208886]

Other sustainable initiatives include all residences featuring ultra efficient and luxurious V-Zug appliances, as well as apartments designed to benefit from natural heating and cooling so as to reduce air-conditioning usage.

Managing Director at DBI Architects Raith Anderson said 26 Vista is a building that combines subtropical principles, while offering the opportunity to consolidate a rapidly evolving and vibrant part of the City.

[smartcode_project:default project_id=112730 project_image_fid=208887]

“The design philosophy revolves around the dichotomy of the site, located at the junction between the curvilinear punctuated nature of the river and the linearity of the coastal strip," Anderson said.

"The cosmopolitan design of the tower reflects this duality - pairing the timeless language of glass and clean lines on the ocean side with the use of forms, masses and textures addressing the river."

The tower covers just 30 percent of the 3,100 sqm site, and is orientated to the east to take advantage of its proximity to the ocean and access to sunlight and ocean breezes, while maximising views towards the river and the hinterland.

26 Vista is offering extensive amenities to residents including an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.

[smartcode_project:default project_id=112730 project_image_fid=208898]

A secondary residents lounge will be located beside the level 51 observation deck, surrounded by a rooftop garden.

“The recreational level allows for the transition from podium to tower creating a deep eave, visually reinforcing the subtropical approach to the building,” Anderson added.

MRCB International CEO Ravi Krishnan said the group is thrilled to be making a mark on Australia’s fastest growing city.

“We noticed the growth in interstate migration to the Gold Coast from the southern states, and the high demand within the region," Krishnan said.

"This, coupled with the forecasted lack of dwelling supply, drove our decision to invest in Surfers Paradise. The fact that the site that we purchased was in an enviable location influenced the decision.

“Inevitably, the Gold Coast will continue to grow as a region. The trend for footloose industries to locate themselves in areas with beautiful weather, tourism opportunities, and solid employment, have meant we couldn’t afford to miss this opportunity to invest in the Gold Coast."

[smartcode_project:default project_id=112730 project_image_fid=208888]

Recent council population data forecasts that by 2041, the Surfers Paradise population will have nearly doubled and it is estimated that of that, close to 85,900&nbsp; people will live in high-rise towers.

Construction is scheduled to commence on 26 Vista in the third quarter of 2023, with the project scheduled for completion in 2026.

One-bedroom apartments are starting from $600,000, two-bedroom units start from $875,000, and the three-bed units from $1.8m.

[smartcode_project_cta:default project_id=112730]

There was a conscious effort by local architecture firm DBI Design to focus on sustainability initiatives which are often seen more frequently in Australia's major capital cities and rarely in the Gold Coast apartment market

MRCB launch sustainably-focused Surfers Paradise apartments, 26 Vista

Seven years after securing a development site in Brisbane's Spring Hill, national property developer Cbus Property has revealed it's plans for the site.

Cbus Property, who are set to complete their other Brisbane apartment tower 433 Queen Street next year, have proposed a 30-level tower at <a href="/news/qld/cbus-property-propose-sustainable-rothelowman-designed-brisbane-apartment-development">185 Wharf Street, Spring Hill</a>, one of Brisbane's most popular inner-city suburbs.

Rothelowman have designed the striking building which will have 125 apartments. They are targeting a 5 Star Green Star rating for the project, and a Nathers rating of 7.5 Stars. There are a number of sustainable features in the project, which will be 100 per cent electric. There will be EV charging, PV panels, and rainwater harvesting which will help create a more sustainable way of living.

Rothelowman noted in their submission to the Brisbane City Council that 185 Wharf Street embodies the&nbsp;empirical learnings from the rapid evolution of multiple dwelling architecture in SEQ and responds to the market demand from prospective residents for quality, sustainability and the integration of technology.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="459270f1-770d-438b-9759-f103a2363203" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.30.17%20am.png?VersionId=jysmVJ6PhjQz2l7Wh4mIwBStRbpeVqCT" />

"It is proposed that an increasingly global awareness for the importance of environmental and social sustainability is closely aligned with the elevated expectations of people seeking quality higher density housing typologies in Australian urban centres," the report read.

"This enlightened longer-term focus is considered necessary to successfully respond to the increasing urbanisation of our cities and at the same time capture the opportunity to positively enhance urban living environments.

"The realisation of these core objectives will assist in promoting physical and mental wellness of individuals, create a meaningful sense of community and serve to leverage the utility of existing infrastructure to control the urban footprint."

Cbus Property are committed to the owner-occupier market, with not a single one-bed apartment on offer. They've pitched for 60 two-bedroom units, 45 three-bedroom apartments, and 20 four-bedders. There will be 233 resident parking spaces across the four basement levels of parking, and 32 bicycle spaces.&nbsp;

The apartments hav been designed to&nbsp;have a large balcony that is well connected to the living space.

"The tower has a front yard and backyard conceptual overlay which allows each unit to feel like a bespoke home," Rothelowman's report continued.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="a356ac40-eaba-411c-9445-a9f1112bc4bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.33.19%20am.png?VersionId=ufSv.aeNQz8tcmJx0yfZ4S1t0k6md4c9" />

"The balconies align up the tower as the mix changes to ensure architectural integrity is maintained."

There are a number of sky terraces which occupy the top of the southern tower form. They feature expansive backyards with trees and private pools.

The resident amenity will be located on the second level and is designed as a "natural Queensland escape". Dubbed "The Conservatory", residents will have access to a jungle gym, lap pool, kids play baths, magnesium baths, a sunbathing area, numerous alfresco areas, a gym with sauna, and a private dining room.

<img alt="Rothelowman Cbus Spring Hill" data-entity-type="file" data-entity-uuid="87e6e42b-e7d9-4b7f-957f-1ff850c05828" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-05%20at%209.32.56%20am.png?VersionId=8y_efCWg.419TbnXuH5mXqYFU4KGyWVF" />

"The resident recreation amenity is considered an extension of the new subtropical Queensland apartment and offers prospective residents a sophisticated level of luxury only previously found in the single detached dwelling," Rothelowman added.

"185 Wharf Street will establish the Spring Hill Neighbourhood precinct as a re-imagined subtropical inner-city residential enclave at the doorstep of Australia’s New World City – Brisbane."

Cbus secured the 1,835 sqm site in 2015, paying $14.6 million for the block. At the time it had approval for 141 apartments across 15 levels.&nbsp;

<h2>Project Snapshot</h2>

<ul>
	<li>30-level tower</li>
	<li>125 units</li>
	<li>60 x two-bed, 45 x three-bed, 20 x four-bed apartments</li>
	<li>233 resident parking spaces</li>
	<li>32 resident bicycle spaces</li>
	<li>Level two amenity with&nbsp;jungle gym, lap pool, kids play baths, magnesium baths, a sunbathing area, numerous alfresco areas, a gym with sauna, and a private dining room.</li>
	<li>EV charging</li>
	<li>Rainwater harvesting</li>
	<li>PV panels</li>
</ul>

Cbus secured the 1,835 sqm site in 2015, paying $14.6 million for the block. At the time it had approval for 141 apartments across 15 levels

Cbus Property propose sustainable, Rothelowman-designed Brisbane apartment development

The burgeoning Sydney developer Urban Property Group is looking to close the year out strong adding over 1100 dwellings to its pipeline with development applications in Penrith and Edmondson Park.

The group is also looking to double down on its success in its completed project Navali by committing to more specialist disability accommodation and affordable housing for key workers.

UPG, led by brothers Patrick and Mark Elias, have submitted plans for Mayfair on Penrith, on their prime 8280 sqm, Lord Sheffield Circuit site opposite Penrith Station, and a townhouse and apartment project over 51,000 sqm in Edmondson Park.

The two-tower Penrith development has been designed by SJB, who won the design competition for the project beating out Cox Architecture and Scott Carver.

SJB noted in their&nbsp;design statement submitted to the local council that the site has a unique opportunity to present a key gateway development into the North Penrith Town Centre as a destination site when arriving at Penrith via high frequency transit.

"It has the opportunity to provide a true transit orientated development and contribute high amenity offerings to the locality including improved connectivity to the Penrith Railway Station and a highly active ground floor retail offering," the statement read.

"As you move closer to the station the role of the built form is to ‘build’ the city, to elevate the importance of the station within the fabric of the city. This civic building, the train station, plays a pivotal role in the daily lives of the people of Penrith."

They said the proposal celebrates the scale of the site, taking the opportunity to deliver a truly civic building.

<img alt="Mayfair on Penrith" data-entity-type="file" data-entity-uuid="60c63691-a8fb-47c7-a782-88b740008a7a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-01%20at%201.30.45%20pm.png?VersionId=N5mBwf77UANpo8B44G_aTManskYWjnm1" /> 
Mayfair on Penrith. Image credit: SJB

"Our role as architects in this instance is not only to design a mixed-use building that will stand the test of time – to provide great housing for generations to come, but also to design a building that is worthy of its setting, worthy of its relationship with the public interface and indeed face of Penrith Station."

SJB compared the ground level colonnades to those found in Sydney's GPO building, or the buildings at East Circular Quay.

Mayfair on Penrith delivers a double height colonnade with retail at the ground level and commercial office space to level 1.

"The colonnade is enlivened by the energy of the activity captured, provides protection for pedestrians from rain and sun, while delivering a physical separation to the residential dwellings above – helping to manage potential acoustic conflicts."

The two 10-level buildings, which fit in with the current building heights in the North Penrith Precinct, will home 287 apartments. A fifth of the apartments will have one bedroom (58). Nearly two thirds of the project is two-bed units (182), and the rest are three-bedroom apartments (47).

Both buildings will be crowned with rooftops with extensive communal spaces and large lap pools.

UPG's Edmondson Park project at Buchan Avenue will incorporate 335 apartments and 270 terraces designed by Cox Architectures.

<img alt="UPG Edmondson Park" data-entity-type="file" data-entity-uuid="aa96418a-a6e6-4064-9e89-e5d4f5f7c66d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-01%20at%202.04.06%20pm.png?VersionId=FB1WOSiqnSCijJt5HQ9Cezf9jPDkkecp" /> 
The Buchan Avenue, Edmondson Park project. Image credit: Cox Architecture

The project is located near Maxwell Creek, and opposite a future school site.

Urban Property Group, founded by George Elias in 1987, have a number of projects currently in the planning phase of development, ranging from Macquarie Park to Little Bay in Sydney's sought-after Eastern Suburbs. They're hoping to lodge another application in before Christmas in Edmondson Park.

Urban Property Group Development Manager Richard Boulus says there will be a lot of local interest, particularly in the North Penrith project, because the market is starved of new stock.

"We're expecting locals, likely first home buyers, wanting to buy a new apartment and take advantage of the close proximity to the train station and various government grants on offer," Boulus says.

"There's currently no residential projects under construction in this precinct, and only a couple of projects are going through the planning process."

Exclusive first look: Urban Property Group prepare over 1100 dwellings in Penrith and Edmondson Park developments

Property values across the country continued to decline over November, research from property data firm CoreLogic found, but there was a further ease in the speed of the declines.

Dwelling values (which incorporates both houses and units), contracted a further one per cent in November, driven by declines in Hobart (-2 per cent), Canberra (-1.2 per cent), and Sydney (-1 per cent).

Capital city housing markets declined -1.2 per cent, with Brisbane (-2.2 per cent), Hobart (-2 per cent) and Sydney (-1.5 per cent), feeling the declines the hardest.

Capital city units however dropped just -0.6 per cent. Hobart (-1.8 per cent), Sydney (-0.9 per cent) and Canberra (-0.8 per cent) the capital's the most affected in the unit market.

Declines however have continued to soften since August when the national index dropped by -1.6 per cent.

CoreLogic Research Director Tim Lawless said the easing in the rate of decline is mostly emanating from the Sydney and Melbourne markets, but is also evident across many of the smaller capitals and most regional markets.&nbsp;

“Three months ago, Sydney housing values were falling at the monthly rate of -2.3 per cent. That has now reduced by a full percentage point to a decline of -1.3 per cent in November," Lawless said.&nbsp;

"In July, Melbourne home values were down -1.5 per cent over the month, with the monthly decline almost halving last month to -0.8 per cent.

“The rate of decline has also eased across the ACT (from a -1.7% fall in August), and is no longer accelerating in Brisbane. Most of the broad rest-of-state markets have also seen the pace of declines decelerate."

Lawless said that it is possible we are seeing the initial uncertainty around buying in a higher interest rate environment wearing off, while persistently low advertised stock levels have likely contributed to this trend towards smaller value falls. He does however note that housing risk remains skewed to the downside while interest rates are still rising and household balance sheets become more thinly stretched.

“There is still the possibility that the pace of declines could reaccelerate, especially if the current rate hiking cycle persists longer than expected.

"Next year will be a particular test of serviceability and housing market stability, as the record-low fixed rate terms secured in 2021 start to expire."

<h2>Melbourne Market Snapshot</h2>

<ul>
	<li>Unit values across Melbourne dropped just -0.2 per cent across November, the lowest declines the Victorian capital has seen since May. 
	&nbsp;</li>
	<li>It's stark comparison to the housing market, which dropped another -1 per cent.</li>
</ul>

[smartcode_project:default project_id=112174 project_image_fid=199593]

<ul>
	<li>Unit values are now -4.1 per cent down over 2022, almost half the declines felt in the housing market, now -8.1 per cent since the turn of the year. 
	&nbsp;</li>
	<li>The median Melbourne unit value is now $597,000, and houses $759,000.</li>
</ul>

<h2>Sydney Market Snapshot</h2>

<ul>
	<li>Unit values across Sydney dropped just -0.9&nbsp;per cent across November, the third highest of all the capital city markets. 
	&nbsp;</li>
	<li>Sydney houses dropped another -1.5 per cent in November.</li>
</ul>

[smartcode_project:default project_id=22748 project_image_fid=204929]

<ul>
	<li>Unit values are now -8.2 per cent down over 2022, which is double the declines in Melbourne. Houses in the Harbour capital are down -11.9 per cent in the same period. 
	&nbsp;</li>
	<li>The median Sydney unit value is now $781,000, and houses $1,025,000.</li>
</ul>

<h2>Brisbane Market Snapshot</h2>

<ul>
	<li>Brisbane had the biggest divergence between the house and unit market in November 
	&nbsp;</li>
	<li>Unit values across Brisbane dropped just -0.2&nbsp;per cent across November, the third best performing unit market across the capitals. 
	&nbsp;</li>
	<li>Brisbane houses however were the worst performer, down -2.2 per cent</li>
</ul>

[smartcode_project:default project_id=102309 project_image_fid=163977]

<ul>
	<li>The Brisbane unit market has been one of the biggest success stories of 2022, bucking the trend of the downturn. Values are still 7.1 per cent higher than they were at the start of the year. 
	&nbsp;</li>
	<li>The Brisbane house market has also remained resilient, just ticking into negative territory, down -0.8 per cent this year. 
	&nbsp;</li>
	<li>The median Brisbane unit value is now $492,000, and houses $798,000.</li>
</ul>

CoreLogic Research Director Tim Lawless said the easing in the rate of decline is mostly emanating from the Sydney and Melbourne markets

Property downturn continues, but rate of decline softens again: CoreLogic

As a leader of Australia’s urban development, builder-developer Hickory made a significant contribution to Melbourne’s ever-expanding skyline in 2022, with several residential projects reaching completion and many more breaking ground.

As a specialist in the creation of high-rise residential buildings, Hickory projects are known for promoting, engaging, and enriching community life. ​

We've wrapped up the top five&nbsp;Hickory projects completed and commenced in 2022.

<h2>1. HOME 
Address: 626 Heidelberg Road, Alphington VIC 3078 
Two-bedroom apartments from $699,000</h2>

Home is a collection of 326 architecturally-designed homes, sky homes and apartments that blend seamlessly into the leafy, riverside suburb of Alphington.

With a private park on level four, Home residents have access to a playground, yoga lawn, state- of-the-art gym and pilates pavilion.

[smartcode_project:default project_id=24441 project_image_fid=84979]

Other amenities include a wine cellar and hotel-style guest rooms for when family and friends come to stay.

<h2>2. Aspire 
Address: 299 King Street, Melbourne, VIC 3000</h2>

ICD Property’s 65-storey residential tower comprises 594 apartments with a mix of one, two, and three-bedroom units. Located in the heart of Melbourne’s CBD, the tower is just moments from the city’s best hospitality, cultural and retail offerings.

[smartcode_project:default project_id=2575 project_image_fid=79447]

Award-winning architects Elenberg Fraser designed the tower’s façade to include a row of planter boxes, which works to soften the exterior. Hickory utilised its innovative prefabricated construction methods for parts of the build such as the staircase.

Upon completion, residents will have access to boardrooms, a library, table tennis, billiards, media room, lounge and BBQs, private dining rooms, whiskey parlour, function ballroom, champagne conservatory, gym, pool, and hydro spa.

<h2>3. Victoria &amp; Vine 
Address: 1-57 Wellington Street, Collingwood VIC 3066</h2>

Victoria &amp; Vine is a $280 million luxury residential and retail precinct ideally positioned in the heart of Collingwood.

[smartcode_project:default project_id=5117 project_image_fid=165555]

Designed by COX Architecture and delivered by GURNER, the homes embody the area’s rich industrial character. Inspired by New York’s Meatpacking District, the warehouse-style structure allows the precinct to blend into its surrounds.

Limited apartments currently available.

<h2>4. Trio Box Hill 
Address: 845-851 Whitehorse Road, Box Hill VIC 3128 
One-bedroom apartments from $409,000</h2>

Trio presents the next generation of mixed-used development in Box Hill, offering residents a wide variety of retail, dining, and lifestyle amenities.

Located 30 minutes from the CBD, the development comprises three towers above a 6-level podium occupying 488 apartments.

[smartcode_project:default project_id=4134 project_image_fid=27479]

Two towers are residential apartments, with the third housing independent living apartments and a two-level childcare facility.

With construction well underway, Hickory is fast-tracking the project timeline by using precast core panels.

<h2>5. The Queensbridge Building 
Address: 90 Queens Bridge Street, Southbank VIC 3006</h2>

Queensbridge is a neighbourhood building located at a nexus joining Melbourne CBD, the Yarra River, South Melbourne and the Arts Precinct.

[smartcode_project:default project_id=1504 project_image_fid=208256]

Upon completion, the 62-storey tower will offer one, two and three-bedroom apartments, as well as co-working space options and generous entertainment zones.

Currently being delivered by Hickory, Time &amp; Place, and MaxCap Group, the Queensbridge Building display suites are now open to the public for viewing.

As a specialist in the creation of high-rise residential buildings, Hickory projects are known for promoting, engaging, and enriching community life

The top 5 Melbourne apartment projects Hickory are building in 2022

Iwan Sunito's development firm One Global Capital has locked in it's next project.

One Global Capital, which will deliver&nbsp;the first residential buildings at Mastery by Crown Group in Sydney's Waterloo, has secured a huge six block, 6,974 sqm site in Macquarie Park.

Plans are being put together for three towers on the site which incorporates&nbsp;7-11 Lachlan Avenue and 157-159 Herring Road, which will have 270 apartments, a 100-room hotel, and specialised retail.

The project provides for a shared concierge and premium community facilities allowing residential purchasers lower cost strata levies along with access to services usually only accessible in hotels such as 24-hour food and beverage services.

Sunito, who is the Founder at One Global Capital, said he was excited to announce the introduction of the new premium, ‘signature selection’ residential and hotel “platform” which aims to set a new benchmark in luxurious larger-sized residences, hotels, retail and facilities.

<img alt="Sunito Macquarie Park" data-entity-type="file" data-entity-uuid="fc88d5a4-2ecc-4745-b151-356d070a5825" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-30%20at%2011.45.16%20am.png?VersionId=Fem6cHKZ9fbSgEjqkd52uBkpVuSLrZbs" />

“The platform has been specifically established to work with funds and financial institutions in stand-alone joint ventures,” Sunito said.

“As the first of many acquisitions, the Macquarie Park site is a significant investment which we plan to deliver a truly extraordinary residential offering to the market, unlike anything else currently available in Sydney.

“The Macquarie Park site is ideally located for residential apartments as it is within easy walking distance to Macquarie University, the recently expanded Macquarie Centre and Macquarie Park Metro Station.”

Savills Director Stuart Cox who handled the sale, said it is largest collective sale in Australia so far this year, with all six adjoining blocks having to settle on the same day.

“This was a very unique offering for Macquarie Park providing future residents within this development the opportunity to live within 300 metres of Macquarie University, Macquarie Centre, Macquarie Railway Station and the Macquarie Bus Interchange,” Cox said.

“Also significant is the site’s 77 existing apartments which will remain tenanted until a DA is achieved later this year.”

It is envisaged the project will be brought to market in 2023.

The new company is a separate venture from Sunito’s other property development company, Crown Group of which he is Chairman and Group CEO.

Crown Group recently scrapped it's plans to break into the Melbourne market, but are still set to push ahead with their first project in Brisbane.

Plans are being put together for three towers on the site will comprise 270 apartments, a 100-room hotel, and specialised retail.



Iwan Sunito's One Global Capital set for three-tower Macquarie Park development

With inflation rises currently taking hold of the country, it’s becoming difficult to do much of anything across Australia.&nbsp;

But Sydneysiders Paul and Jessica Hutchinson, who have been visiting the Gold Coast for years, bucked the trend of sorts, transitioning from regular holidayers to residents on their last trip to the sunshine state.&nbsp;

It was Iris Capital’s Broadbeach development, Victoria &amp; Albert which lured the Sydney couple to call the sandy strip home, with the pair’s usual getaway turning out to be one for the history books.&nbsp;

Offering a range of apartments coupled with resort-inspired amenities, V&amp;A is situated in the heart of Broadbeach, just a short walk from restaurants, shopping centres, entertainment venues, and the beach, which has been a major drawcard for interstate buyers, says Residential Director of Colliers Gold Coast, David Higgins.

[smartcode_project:default project_id=107928 project_image_fid=184936]

“The project has clearly seen remarkable interest from the interstate buyers who have contributed to over 60 per cent of our sales thus far,” said Higgins.

The Hutchinsons have always loved Broadbeach and what it has to offer, but with their V&amp;A purchase, they will get to enjoy it in the newfound comfort of their own abode.

The $1 billion project comprises two towers, with an array of premium amenity and ground-floor retail and dining facilities.

“We have been visiting Broadbeach for a decade before this most recent adventure where we found V&amp;A, and we just love it,” the Hutchinson’s said.

“We’ve explored the Gold Coast extensively, but Broadbeach is for sure our favourite area with all the restaurants and its proximity to the beach.”

There has been a lot of buyer confidence in this mixed-use build, with the developer Iris Capital being heavily backed financially, and from this, Paul and Jessica becoming firm believers that the risk of it not going ahead is slim.

[smartcode_project:default project_id=107928 project_image_fid=198887]

“It was quite far along when we were introduced, it looked like demolition was about to start, so it was perfect timing” the pair said.&nbsp;

“We bought a Victoria Residence. It was perfect for what we thought to use it for, which was a place to stay when we visit the Gold Coast – a lifestyle investment if you will.”

“All of the development’s promised amenities, as well as those found in and around the area of Broadbeach really sealed the deal for us."

“We thought if we planned to continue visiting this beautiful city as much as we do now, we might as well have a place to call home in our favourite part of it.”

“We are beyond excited to have bought an apartment in a place we hold so close to our hearts. It really is a dream come true.”

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“V&amp;A is a beautifully designed, luxurious build, and we were lucky to get in when we did. I’m glad we took the leap and am looking forward to its completion."

“I never expected us to buy on this trip because we were only up there for a weekend, but that just shows the influence this development had on us.”

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Offering a range of apartments coupled with resort-inspired amenities, V&A is situated in the heart of Broadbeach, just a short walk from restaurants, shopping centres, entertainment venues, and the beach, which has been a major drawcard for interstate buyers, says Residential Director of Colliers Gold Coast, David Higgins.

Why Sydneysiders are buying apartments in Broadbeach's V&A

A Central Coast tower that was originally approved over seven years ago has finally arrived in the heart of Gosford.

Prominent Sydney developer ALAND expanded on the plans after acquiring the 5656 sqm site at 108 Donnison Street in June.

Named after Archibald Acheson, the second Earl of Gosford, the two-tower development will be home to 323 residential apartments, 130 hotel rooms, multiple food and beverage tenants, plus a whole floor 960sqm sky bar.

ALAND CEO George Tadrosse said the revitalised development would be worth the wait given its tremendous offering and outstanding location.

"This is an excellent opportunity to offer an unmatched product to Gosford and add a significant new addition to the local skyline," Tadrosse says.

"As a result of careful consideration, we believe we have created an exceptional contemporary design that will appeal to holidaymakers, local buyers, purchasers moving to Gosford, and investors looking to capitalise on the growth potential of this thriving community."

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John McGrath, CEO of McGrath Estate Agents who are marketing the project, said the Central Coast is poised for impressive price growth performance.

“With a perfect blend of coast and country lifestyle, combined with an easy drive to one of the biggest cities in the world, it has everything the market wants," McGrath said, adding that the growing work from home trend has made it an even more in-demand lifestyle.

“Gosford is rapidly emerging as one of the most exciting fast-growth commercial hubs on the east coast of Australia and provides the area with the long-awaited commercial and retail opportunities it’s been crying out for.”

Despite a widespread price correction across many residential markets, McGrath said the thriving region has great long-term prospects.

[smartcode_project:default project_id=134670 project_image_fid=208124]

“The Central Coast has been impacted along with almost every other market in the country, but the growing trend towards sea and tree changes - coupled with work from home demands - has positioned this market for a softer landing and a more rapid bounce when interest rates stabilise.

“A very large section of the growing demand for the Central Coast are both big city downsizers from nearby Sydney as well as professional couples and families. Apartment living has never been more in-demand by these groups.” McGrath also suggested Archibald will suit Sydneysiders seeking a nearby getaway within an hour of Sydney.

The two buildings will house one, two and three-bedroom units, plus three and four-bedroom penthouses, all with access to resort style facilities and many with views of Brisbane Waters and the city skyline.

[smartcode_project:default project_id=134670 project_image_fid=208124]

Apartments in the development range in sizes from 58 sqm to 280 sqm, with a one-bedroom starting from $475,000.

Jaimie Woodcock, principal of McGrath Central Coast, said Archibald by ALAND is a breath of fresh air for the region.

“We've been waiting a long time for a development that has something significant to offer the area. This has the hotel offering, a significant food and beverage offering as well as a gym and pool," Woodcock said, adding that the price point has already proven attractive for prospective buyers.

“We’ve had a lot of investors and first home buyers looking because they can buy in brand new under $750,000 with an extraordinary view and all of those added offerings, and that’s a compelling attraction to so many purchasers right now," Woodcock says.

[smartcode_project_cta:default project_id=134670]

ALAND CEO George Tadrosse said the revitalised development would be worth the wait given its tremendous offering and outstanding location

ALAND launch Gosford apartment tower Archibald by ALAND

Downsizers and rightsizers have been targeted at Akoya Greenwich, the new high-end, over 55's apartment development on Sydney's North Shore.

Rather than the expectation all downsizers and rightsizers are cashed up, developer Alceon is offering a variety of configurations in the development, everything from one-bed apartments to the recently released Premium Collection.

The Premium Collection, made up of a handful of penthouses and garden homes, each have three bedrooms and start from $3.45 million.

Alceon Development Director, Todd Campling, says that given the density of the project and the restriction to over 55's, it's the closest thing someone will get to picking their neighbours.

"Akoya buyers take great comfort knowing they’ll be living with like-minded individuals,” Campling says, adding that&nbsp;a lot of the purchasers actually know each other.

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"Some have encouraged friends to buy but often they bump into each other at the private purchasers evenings we regularly hold and realise there’s a familiar face there”, Campling says.

With expansie views over Sydney harbour, Akoya has seen strong demand from&nbsp;downsizers across the North Shore who have been drawn to the boutique development and the lifestyle on offer.

“Akoya is so much more than just an apartment building, with over 700 sqm of residents-only amenities shared between only 39 residences, it’s more like a private club, and a very exclusive one at that.”

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“There’s definitely some perks that come with growing older and being able to live here is one of them."

Akoya is made up of 39 apartments, comprising three one-bedroom units, 14 two-bedders, and 22 three-bedroom apartments.&nbsp; 
 
Each apartment has luxury finishes such as built-in Ambe fireplaces, 60mm marble kitchen benchtops with Wolf appliances, Sub-Zero integrated fridge and full height wine fridge and spacious terraces to take advantage of the views.&nbsp;

Amenities include an on-site concierge, in house bar, private library, golf simulator room, cinema, rooftop retreat with firepits and an infinity pool overlooking the Sydney Harbour Bridge.

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Akoya residents are even given access to their own individual wine cellars surrounding a private dining room and finishing kitchen which can be reserved for private events and dinner parties.

“We also have a collection of chairmans suites available to purchase within the building as we’ve realised that over 55’s don’t necessarily want to retire so this way they can have the best of both worlds,” Campling added.

“70% of the building has already been sold which is why we’ve now decided to release the Premium Collection. With thousands of enquiries to date, we anticipate being sold out by the end of Summer in time for completion mid-2023.

[smartcode_project:default project_id=94146 project_image_fid=165482]

“The penthouses are the last chance for buyers to purchase uninterrupted harbour facing units in the development.”

One buyer has come from the Eastern Suburbs, with 90 per cent coming from the Lower North Shore. Campling says the&nbsp;Eastern Suburbs buyer was blown away by what you can get in the Lower North Shore compared to the East.

“Our customers are seeking something special when it comes to downsizing. They’re not wanting to purchase into large apartment towers where they don’t know their neighbours. They’re buying into a community here of like-minded individuals.”

“It’s a special development and when you see the views and amenities you can see why. Even the 2 garden home apartments in the premium collection have city views which is pretty rare.” 
 
The development is designed by award winning architects Marchese Partners and is a partnership between private investment group Alceon and NGS Super.

The building is being built by Stevens Construction with top-end finishes with construction expected to be completed mid next year.

[smartcode_project_cta:default project_id=94146]

Alceon release Premium Collection apartments at Akoya Greenwich

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=365687]

Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

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Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

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The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Joel Robinson

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