The national property developer Goldfields is already seeing high demand for it's maiden Western Australia land development, set in the heart of wine country, Margret River.

The 47 hectare masterplan, called Spindrift, will be officially unveiled this month.

Construction has begun on the 423-lot project, three kilometres south of the Margaret River town centre in WA's South West area.

Spindrift is surrounded by a developed community to the west and established Karri trees to the north and east. The first release of land will have prices starting from $194,500.

Gareth Wilson, Goldfields General Manager in WA, said Spindrift was perfectly positioned within a short drive to town while still having access to the natural beauty of Margaret River.

He said the development’s larger lots, intelligent design and landscaped reserves would make it highly sought after in a constrained local real estate market.

“Margaret River offers a unique opportunity to live in one of Australia’s most picturesque and renowned destinations and continues to be one of the most sought-after regions in WA,” Wilson said. “Housing demand has continued to outweigh supply in Margaret River which is testament to the attractiveness of the South West lifestyle.

“Spindrift will play a pivotal role in meeting short and medium term demand for housing in Margaret River.”

Spindrift is centred on a strong sense of community, where residents can immerse themselves in nature while still enjoying the comforts and amenity of modern life. It&nbsp;will offer all the amenities expected of a contemporary estate, including immediate access to neighbouring parks and playgrounds, schools, shopping strips, cafes, restaurants and medical facilities.

<img alt="Spindrift Goldfields" data-entity-type="file" data-entity-uuid="45ea4607-d6af-4c87-9448-52c216d28499" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-28%20at%201.43.30%20pm_0.png?VersionId=g3sfILTkHvjeotjkCCiCGs2Xg1k2gbdh" />

Brook Palmateer, Associate Director at Acton Belle Property in Margaret River, said early interest levels in Spindrift were on par with that seen at larger, metropolitan housing developments.

“Interest is coming from a wide variety of people, but particularly local homebuyers,” Palmateer said. “That early interest has been all the greater because there are very few blocks on the market in the region at the moment.

“Everything has sold, there is hardly anything titled on the market and the only things that are titled at the moment are on very steep blocks that are harder and more expensive to build on. We have a significant lack of stock at this price point for people to choose from, across the whole South West region but particularly in Margaret River.”

The Augusta-Margaret River Shire recorded a sharp 17.8 per cent increase in population from 2016 to 2021 in Census data released by the Australian Bureau of Statistics. The estimated local population of 17,298 represented a year-on-year increase of 2.85 per cent compared to 0.93 per cent population growth in Regional WA more broadly.

According to the Real Estate Institute of WA (REIWA), there were a total of four properties advertised for rent on reiwa.com on 31 October 2022. In October 2021 there were two, and in October 2020 just one.

“We have a housing crisis in Margaret River and the surrounding region at the moment,” Palmateer added. “People cannot find anywhere to live – there is nowhere that is suiting them to buy, there’s no land to build on and we’ve got a rental shortage, and almost zero percent vacancy rate.

“80% of the walk-ins to our office are people looking for rentals. Margaret River in particular, closely followed by Dunsborough, are in the highest demand. Not only are a growing number of people keen to move here and enjoy the beautiful lifestyle now that they have more flexibility with working arrangements, but there are a lot of local people that are looking for housing as well, people that have been here 20-30 years. It is across the board.

“Spindrift is ideally situated to address this significant need for more housing in Margaret River and it is doing so at a great price point, in a central location close to amenities and all the natural beauty the region has to offer. This land will be snapped up swiftly.”

Construction has begun on the 423-lot project, three kilometres south of the Margaret River town centre in WA's South West area.

Joel Robinson

Goldfields launch Margaret River land estate, Spindrift

Chapman Gardens is set to be one of the earliest completed projects in the new $1 billion Showground Precinct in Sydney's Castle Hill.

The first stage of the three-building, 258-apartment development is slated for completion early next year, with the whole project expected to be completed by early 2024.

The completion date has been an attractive proposition for buyers, Shant Van Kolck, head of sales and marketing at developer CG says.

"The precinct is coming alive and we'll be one of the earliest completed projects," Van Kolck recently told Urban.

[smartcode_project:default project_id=29359 project_image_fid=207473]

CG are a builder developer, which Van Kolck says has been another major drawcard for buyers.

"Because we're also building the project, buyers know our building timelines aren't going to blow out as much, and we have building teams on site all day to answer construction details about the project."

Chapman Gardens, on a massive 12,000 sqm site on Dawes Crescent, comprises three buildings, The Chapman, Greenview, and Parkfront, all focused on being surrounded in lush landscaping.

[smartcode_project:default project_id=29359 project_image_fid=199355]

Van Kolck says the team have tried to create something that sets it apart from the rest.

"There's a number of projects slated for the Showground Precinct, so it's important to develop something that brings buyers to your project and not anyone else's, and that's what we've done."

Chapman Gardens is unique in that it gave 50 per cent of the site back to gardens and landscaping, which meant the space between the three buildings is larger than anything else on the market.

[smartcode_project:default project_id=29359 project_image_fid=207474]

"No shadow diagram was requested as part of the development application," Van Kolck notes.

What the separation means for buyers is that not only is the project surrounded in walkways and outdoor meeting spaces, the apartments get double the amount of sunlight in winter than any other development in the immediate area.

Another drawcard for buyers Van Kolck says is that they've created the project in a way that will bring in a variety of different buyers.

[smartcode_project:default project_id=29359 project_image_fid=199352]

"There are a number of different configurations throughout, with the majority being one-off designs" Van Kolck says.

"We have a real mix of configurations across our three buildings, which means there's something for everyone. Some of the apartments have two bedrooms and two study rooms. No one offers that anywhere."

Van Kolck says it can be an attractive proposition for an investor who might be looking at an apartment's resale value and rental yield.

The majority of interest however has come from downsizers and upsizers, from the immediate area.

"Castle Hill and Hills District locals have shown the most interest, while we've got buyers coming from Macquarie Park and Hornsby who want to move into the area."

There's small touches that CG have made to their apartments, such as going with a five burner gas cooktop instead of four, and including butler's pantries as standard. Showers and baths have been separated in the bathrooms. Van Kolck says the modern day buyer is moving away from the traditional, and now quite outdated, shower and bath combo.

[smartcode_project_cta:default project_id=29359]

The first stage of the three-building, 258-apartment development is slated for completion early next year, with the whole project expected to be completed by early 2024.

How Chapman Gardens created a point of difference in Castle Hill

The penthouse crowning Arc Toowong, the newest Brisbane development from prominent South East Queensland developer Spyre Group, will be one of the priciest ever developed in the Queensland capital.

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts.

The developer will be shooting for back to back records with the Toowong penthouse, having earlier this year secured the biggest price for any Queensland apartment, both off the plan and established, at it's boutique Burleigh Heads project, Glasshouse.

Bureau^proberts, who also designed Glasshouse, were again tasked with creating a visually-unrepeatable development.

[smartcode_project:default project_id=112987 project_image_fid=201583]

The penthouse boasts&nbsp;100 metres of unobstructed river frontage across two floors, the largest river frontage for a multi-resident property in Brisbane. It comprises four bedrooms, including an expansive master which has&nbsp;180-degree views over the river and St Lucia, and a private ensuite with a separate wellness spa featuring a steam room and ice bath overlooking a tropical garden.

Spyre Group Design Director Kent Pinel said that every design choice of the two-level penthouse was curated to serve a distinctly Brisbane lifestyle for a discerning buyer who appreciates rarity, craftsmanship, and who seeks an enriching life.

“From the moment you enter, you quickly find there is little the apartment cannot do,” Pinel said.

[smartcode_project:default project_id=112987 project_image_fid=207942]

“Everything exists to elevate the residents’ level of living. You have the grand art gallery and open plan living space for the entertainer, the private studies for the work-from-home executive, the blank canvas gallery wall for the culturally curious, a 5-car private garage and basement recreation space, and a private spa for the wellness inclined individuals seeking to optimise their routine."

So far 90 per cent of the buyers have been downsizers from Brisbane's western suburbs.

"It’s a property for the locals” Pinel said.

[smartcode_project:default project_id=112987 project_image_fid=207939]

The most impressive feature of the penthouse is its private rooftop terrace, which offers 360-degree views over the Brisbane skyline, the river, Mt Coot-tha and St Lucia. It comes complete with a 20-metre pool, heated spa, private yoga green and an entertainer’s kitchen with subtropical landscaping wrapping the space.

The kitchen features tailored European appliances by V-Zug and an arbored island bench thermally moulded into a solid surface, a versatile man-made material.

“Arc is our opportunity to define the architectural difference in an emerging city that is truly subtropical, maybe the only one of its kind in the world, and the rooftop terrace is built to enrich this lifestyle,” Pinel added.

[smartcode_project:default project_id=112987 project_image_fid=201584]

“You can’t get the same architectural experience of the open rooftop, the river frontage, or the subtropical garden landscaping in places like Sydney, New York, even the Gold Coast, especially not for the price.

“Brisbane has the perfect subtropical climate for this lifestyle and we're pioneering to create a design standard unique to our river city.”

The 28 apartments, which start at around $3 million, are being marketed by YPM Group.&nbsp;

The sub-penthouse, the only other four-bedroom apartment in the development, has a $7.25 million price tag.

[smartcode_project_cta:default project_id=112987]

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts

Brisbane's best penthouse? Spyre Group light up Toowong with ARC penthouse

The City of Melbourne is on track to record more than $2.5 billion in new development applications in 2022, as developers continue to invest heavily in the city’s growing property market.

Forecasts show the City of Melbourne is set to assess more than $1 billion of new developments in 2022. This is in addition to the more than $1.5 billion of state assessed development projects which have been proposed for the municipality so far this year.&nbsp;

Deputy Lord Mayor Nicholas Reece said there is little doubt that Melbourne remains the number one destination for new developments.&nbsp;

“It’s a testament to the resilience of Melbourne that the city has attracted more than $2.5 billion in new developments in a single year. After so much COVID disruption, it’s heartening to see developers continuing to invest heavily in the future of our city.”

[smartcode_project:default project_id=2929 project_image_fid=201002]

“With residential occupancy levels now back to pre-Covid levels and a record number of new hospitality venues opening in the city it is no wonder that development applications have taken off.”

The last time the City of Melbourne assessed more than $1 billion in new development applications was prior to the pandemic in 2019.

More than 600 planning applications worth an estimated $800 million have come before the City of Melbourne so far in 2022, with 85 per cent of applications for brand new developments. The remaining 15 per cent cover amendments to existing permits.

Melbourne’s CBD remains the hottest property market with 200 new development applications - the majority covering new businesses and shop fit-outs.

“The buzz is back and 2023 is shaping up as a year of exciting possibilities for Melbourne,”&nbsp;Reece said.&nbsp;

Carlton sits second with more than 70 developments, primarily for residential properties or additions to heritage homes. Development applications have also increased in Kensington within the new Arden and Macaulay precincts.

[smartcode_project:default project_id=111979 project_image_fid=194085]

New development interest has continued to grow in West Melbourne since the gazettal of the City of Melbourne’s West Melbourne Structure Plan, including the $230 million development of the West Melbourne Waterfront Precinct.

Major state assessed developments for 2022 include a $750 million development over the Goods Shed in Docklands and a $264 million development at RMIT Village in North Melbourne.

For the first time, the latest data has also revealed the City of Melbourne suburbs which have made the most appeals against new developments.

Planning decisions in East Melbourne have attracted the most interest within the municipality, with more than double the number of appeals to VCAT compared to any other city neighbourhood.

The CBD has the second most appeals, while West Melbourne and Docklands have the fewest.

“It’s particularly exciting to see developments popping up in the city’s newest suburbs of Arden and Macaulay. The vision to transform West Melbourne into the next Fitzroy or Collingwood is also gathering momentum with some distinctive planning applications approved,” said Reece.&nbsp;

“As development interest continues to grow it’s never been more important for the City of Melbourne to prioritise high-quality design, architecture and amenities to ensure the best outcomes for everyone who lives, works, studies or visits our city.”

[smartcode_project:default project_id=1260 project_image_fid=177638]

Melbourne CBD development booms

The recently launched Mansard apartments in Kooyong offer prospective buyers an opportunity to buy into one of Melbourne’s most affluent areas.

Developer BonYan RE has recently launched Mansard, a collection of just 16 apartments on Toorak Road.

Renowned architecture firm Carr Design was given free reign when designing the project, and Carr Managing Director Chris McCue has produced something unseen in Australia before.

The project's name Mansard comes from the Mansard roof, which originated in France. The earliest known example of a mansard roof is credited to Pierre Lescot on part of the Louvre built around 1550.

[smartcode_project:default project_id=136666 project_image_fid=207867]

A Mansard roof is a four-sided gambrel-style hip roof characterised by two slopes on each of its sides, with the lower slope at a steeper angle than the upper.

Chris McCue said Kooyong is a really beautiful part of Melbourne.

"There's a lot of celebrated building works in the precinct from the 1930s, and that's what people love about Kooyong," McCue said.

"That's what we certainly love and that's what we wanted to respond to."

[smartcode_project:default project_id=136666 project_image_fid=207864]

Head of Jellis Craig Projects Stephen Bowtell, who is marketing the project alongside Pontem's Fil Gacesa, said there’s nothing like Mansard on the local market.

"Kooyong had less than 1,000 people living in the suburb at the recent census," Bowtell says.

"Mansard really is such a rare opportunity to buy a brand new apartment. There's less than 500 houses and apartments in the whole suburb. These opportunities don't come around often."

[smartcode_project:default project_id=136666 project_image_fid=207852]

Bowtell says the design by Carr makes the apartments more like homes.

"There are 16 apartments divided into 3 separate buildings, Carr's thoughtful design has provided a maximum of only four apartments on each level, further adding to the projects boutique nature”

Bowtell expects the project will resonate with downsizers already within the Kooyong, Toorak belt, or those who are wanting to enter one of Melbourne's most exclusive areas.

[smartcode_project:default project_id=136666 project_image_fid=207856]

There are a mix of two and three-bedroom apartments, starting from $1,495,000.

Each apartment features high-end V-Zug appliances and SubZero Fridges

Kooyong has a median house price of $3,585,000, only second to its neighbouring Toorak.

Mansard follows BonYan’s success in Glen Iris where they developed the luxury Oakden project. It set a suburb record in 2017 when an empty nester paid $3,617,000 to combine four two-bedroom apartments to create a 332 sqm unit on the ground floor.

[smartcode_project_cta:default project_id=136666]

The earliest known example of a mansard roof is credited to Pierre Lescot on part of the Louvre built around 1550.

Carr Design bring French architecture to Kooyong at Mansard apartments

When COVID reached Australia in early 2020 and the country was plunged into lockdown, the uncertainty of the economy had both buyers and developers wanting to see how the next few months, and even years, played out.

Not the diversified property developer WINIM, who used the time to reassess and refine their business strategy. The decision to turn unknown into opportunity is now paying them back in spades.

Justin Kuiters, who set up WINIM in 2011 alongside Josh Leahy after working together on Top Ryde, Australia's largest mixed-use project, said when the TV's were flashing red, they acted.

"We didn't believe the doomsday reports and acted, probably in the opposite direction" Kuiters, a former director at Multiplex, told Urban.

"We doubled down on sites, in a slightly more targeted area, deliberately staying clear of some of the larger scale, middle and outer ring areas and totally focusing on our key 10-15 suburbs.

"Now we have 12 projects either in market, at development application stage, or nearly ready to submit." Nine of the 12 projects are premium Lower North Shore residences.

<img alt="WINIM" data-entity-type="file" data-entity-uuid="1bd90146-7be9-4240-9082-9e57563de124" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-16%20at%2011.46.36%20am.png?VersionId=a4sjErLHKmWFuf_bnJAO3IS36vTD1vfD" /> 
WINIM Joint Managing Directors, Justin Kuiters, left, and Josh Leahy, right

Kuiters says they identified a chronic undersupply of boutique, large apartments and mid-sized residential which target both the rightsizer and the downsizer. The majority of buyers are those who want to stay in the area that they've always called home, but there are many who are looking at the style of apartment WINIM develop as their best bet to move into the affluent North Shore.

"Once people live in the North Shore, rarely do they want to leave," Kuiters suggests.

"It was a case of developing residences that resonated with buyers who couldn't find something that suited both their lifestyle and budgets."

While securing sites over 2020 and 2021, WINIM were also seeing success selling their projects.

They now have just a few remaining townhouses at The Lawson Terraces, in one of the best spots in Naremburn, and also only a handful in the 16-townhouse Willoughby project, Tierra. The Lawson Terraces are expected to be completed in early 2023, and Tierra later in the year. They also sold out The Terraces in Willoughby last year.

WINIM are currently working on projects in Neutral Bay, Mosman, Cremorne, Gordon, Lane Cove and Kirribilli. Arguably the most striking is set to be their Cremorne project at 15 Allister Street.

The original building was constructed in 1913 and was designed by the prominent architect Clifford Finch, who later, alongside renowned architect John Burcham Clamp, designed Sydney's Tattersall Club and the heritage-listed Lawson House on Cumberland Street in the CBD. Renowned architecture firm Rothelowman will be retaining the facade, while adding a contemporary extension.

Kuiters says the company have worked on a number of adaptive re-use projects recently, a development approach which the local council's are favouring.

<img alt="WINIM Cremorne" data-entity-type="file" data-entity-uuid="d3459446-c494-412b-8a76-773ef6eb1ae2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-18%20at%207.52.29%20am.png?VersionId=tqsfKytxyoe0ElsFmFIBu.MEXBFQG1zi" /> 
The Allister Street, Cremorne plans by Rothelowman

"We've secured a number of sites which aren't heritage-listed, but due to their striking street frontage, and unique character from a bygone era, just like council, we are wanting to come up with a clever and creative way of bringing these grand building's into the 21st century," Kuiters adds.

"The community and council are favouring adaptive reuse and architectural detailing that complements the street.

"They're more challenging, but you come out with a more bespoke, unique product, catering for two types of buyers, those who are keen on the historical features (cornicing, high ceilings, brickwork etc) , and those who want the more contemporary finishes."

While securing sites over 2020 and 2021, WINIM were also seeing success selling their projects

Why WINIM doubled down on the boutique North Shore market

Sydney Metro has continued to roll out how it envisions the development around and above the new Sydney Metro West line.

The state significant development, funded by the New South Wales Government, is Australia's largest public transport program. The NSW Government is investing $12.4 billion over next four years, including $3.2 billion in 2022-23 to support major construction.

The latest plans are for what is set to be built above the Sydney Olympic Park metro station, part of the precinct which has grown exponentially in recent years.

The proposed $585 million development will comprise of three new buildings, one commercial and retail tower and two residential towers, with retail and community space adjacent to Sydney Olympic Park metro station.

<img alt="Sydney Olympic Park" data-entity-type="file" data-entity-uuid="7ed70885-df87-4251-ac12-8121b0dd0185" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-16%20at%209.10.43%20am.png?VersionId=zmk4WrxA4WmwtGhPPErXWkBtIBy76XwH" />

The commercial tower will be the smallest at 16 levels, not including the four-level podium, and will rise above the station. The smaller residential tower can hit 27 levels, and the largest 45 levels. The latter will have extensive views over Parramatta River towards the Blue Mountains from the higher levels.

Podium heights in the central precinct are limited to four levels through Sydney Olympic Park Authority (SOPA) Masterplan 2030 (Metro Interim Review).

The area in which the buildings are set to be developed has been identified as a "transitional zone", after Sydney Metro worked through a design and collaboration process with SOPA and other key stakeholders. There are now four zones, the high rise zone (45 levels), medium rise zone (20 and 30 levels), and low rise (8 levels).

No news on how many apartments will be on offer, but the documentation suggested the apartments will have smaller floor-plates to "provide prime apartments and allow for better sun access to ground floor plane."

<img alt="Sydney Olympic Park" data-entity-type="file" data-entity-uuid="8439e53d-741f-4371-a1bf-a02a4b579bf4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-16%20at%209.09.58%20am.png?VersionId=XLTd5Bts3MgHEMAL_7Cx0Vr30w03YATS" />

Sydney Metro says the&nbsp;construction of Sydney Metro West represents an exciting opportunity to incorporate global best practice for placemaking and environmentally sustainable development, and to apply innovative thinking to create new city icons.

"The delivery of integrated station and precinct development enables Sydney Metro to be more than just a transport project, but also a defining city building opportunity that revitalises precincts and communities, helping to leave a lasting legacy and shaping Sydney for generations to come," the planning application documents read.

"The proposed development will create a great place-based outcome that successfully integrates transport infrastructure, open space, ground plane retail, commercial and residential land uses.

"The Sydney Olympic Park metro station will link new communities, support employment growth and diversity of housing supply.

"In addition, the proposed development will deliver community and social infrastructure with the inclusion of community facilities proposed within the Concept&nbsp;SSDA.

<img alt="Sydney Olympic Park" data-entity-type="file" data-entity-uuid="074f2c12-7191-4b71-acb8-fcc037316410" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-16%20at%209.10.35%20am.png?VersionId=UQ83iaoQrjhUfFMaCpnjTH44ll1vXnmA" />

"The Sydney Olympic Park metro station precinct acknowledges growth opportunities within Sydney Olympic Park and seeks to establish parameters to attract more businesses and residents in a well-connected location reducing reliance on private transport modes whilst continuing to ensure Sydney Olympic Park can operate and function as a world class event and sporting precinct."

In October works kicked off at the new Sydney Olympic Park Metro Station, one of nine underground railway stations on the future 24-kilometre Sydney Metro West line.&nbsp; 
&nbsp; 
Premier Dominic Perrottet said the new Sydney Metro West line would provide a vital transport link to a growing Western Sydney and deliver world-class metro services to more communities.&nbsp; 
&nbsp; 
“Our Government is transforming the way that people move around Sydney, investing more than $76 billion in transport infrastructure across the state, including more than $16 billion in Western Sydney alone,” Perrottet said. 
&nbsp; 
“The centrepiece of this investment is Sydney Metro, the biggest public transport project in Australia. 
&nbsp; 
“Work is now underway to excavate 468,000 tonnes of rock and soil – the equivalent to 78 Olympic swimming pools – to make way for a state-of-the-art metro station at Sydney Olympic Park.&nbsp; 
&nbsp; 
“This new transport link will further reinforce Sydney Olympic Park’s status as a premier events, sporting, and entertainment precinct, supporting the transit of more than 10 million people who visit or stay each year.” 
&nbsp;

The state significant development, funded by the New South Wales, is Australia's largest public transport program



First look: Towers planned above new Sydney Olympic Park Metro Station

It's not just buyers who are lining up to head to up to the Gold Coast, it's developers too.

The Sydney-based builder developer Arena Property Group, who have a long history of developing across the whole of Sydney, have just kicked off their first project on the Coast, making the move north for the lifestyle on offer.

"It was a bit of a change of direction but ultimately what has led us, and so many people particularly over the last few years, is the relaxed lifestyle the Gold Coast offers," Arena Property Group says.

"It has all the beauty, and the beaches, without the density or the busyness of the city."

Arena kicked off their Gold Coast development journey in Currumbin which has development approval. They've recently launched it's second project, LANA, in the quiet southern Gold Coast pocket Bilinga, just north of Coolangatta.

[smartcode_project:default project_id=135208]

The 23-apartment absolute beachfront project on Golden Four Drive, Bilinga's best street, was designed by BDA who were inspired by the pure beauty of Bilinga.

"The coastal palette of vertical and horizontal timber-look louvres and a render finish to match the beach beyond will provide an elegant and timeless boutique residential development," BDA note.

There are nine three-bedroom apartments in the seven-level building, and 14 two-bedroom apartments, which start from $1.15 million.

&nbsp;

[smartcode_project:default project_id=135208 project_image_fid=207629]

The building is crowned by an infinity edge rooftop pool, and a level nine communal space aimed at working from home or socialising on the resident's terrace.

Arena Property Group says that Bilinga offers a family-friendly area, at an equally affordable price point.

"If you go north or south, you're not getting much change out of $4 million if you're looking for a true beachfront apartment," the company note.

"While Kirra, Rainbow Bay are high demand areas, there's no apartments on the beach. That is something Bilinga has, which is rare for the Gold Coast. We're not developing anymore beachfront land, so anything fronting the sand will always be sought-after"

&nbsp;

[smartcode_project:default project_id=135208 project_image_fid=207639]

Arena are hoping to get the go ahead for KORA, a collection of just seven apartments on Pacific Parade, facing Currumbin Beach.

The Arena team really wanted Currumbin to be the first spot the team developed in.

"We've always loved coming up for holidays to Currumbin.

"Gold Coast living is still very much preserved in Currumbin. Where other beach suburbs have become a bit of a concrete jungle, Currumbin has held onto what makes it special.

Arena knew the level of commitment to keeping the enclave that way, so he knew that there was going to be some resistance for a new development.

But there was a strong support from council for the project, which was designed by Plus Architecture to blend seamlessly into the current surrounds.

The town planning report suggested the&nbsp;architectural philosophy paid homage to the traditional ‘timber and tin’ beach shacks, evoking the relaxed sense of beachfront living, embracing high-quality, sub-tropical design which blends seamlessly into the beachside character of the site and its setting.

[smartcode_project_cta:default project_id=135208]

The 23-apartment absolute beachfront project on Golden Four Drive, Bilinga's best street, was designed by BDA who were inspired by the pure beauty of Bilinga.

Beachfront Bilinga apartment project LANA launches

Gold Coast-based QNY Group and veteran Melbourne-based developer Glenvill&nbsp;have received sign off for a boutique apartment project on one of the most revered spots in the whole of Broadbeach.

The first project in the joint venture has become more boutique since its initial plans were submitted to the Gold Coast City Council back in May.

Initially the plans for were 21 apartments across 24 levels at 21 Broadbeach Boulevard. Now there will be just 12 full floor apartments, and a two-level beach house, across 15 levels.

The location of the tower, almost on the corner of Armrick Avenue, which straddles the Broadbeach Bowls Club and Broadbeach Park, and Broadbeach Boulevard, means it can take in uninterrupted views of the beach, capturing a 240-360 degree view corridor from Surfers Paradise to Coolangatta, as well as the hinterland.

<a data-entity-type="file" data-entity-uuid="c5e1c66d-5a24-44b1-a7e4-20d2f4733475" href="/new-apartments/21-broadbeach-boulevard-broadbeach"><img alt="Broadbeach" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%203.53.10%20pm.png?VersionId=.GVWYQwHvuOY.FVkneNn_XRC0ur3DMRZ" /></a>

Designed by prominent architects Contreras Earl Architecture, each single floor residence consists of three bedrooms, three bathrooms, and a study. Plus Architecture has designed the interiors and Urbis has been appointed as landscape architects to ensure the building enhances the look and feel of the leafy Broadbeach Boulevard corner.

QNY Group director Anthony Quinn says, through a collaborative design process, the project team was able to address council’s concerns regarding height, ultimately leading to an outstanding design outcome.

“Our team worked closely in consultation with council officers along with councillors to re-design the building to satisfy council’s initial concerns regarding height, and the result is an even more bespoke residential offering that lends itself to the exclusive position that is 21 Broadbeach Boulevard,” Quinn says.

<a data-entity-type="file" data-entity-uuid="5a75f9bc-1367-4525-8c20-c4261aad18f6" href="/new-apartments/21-broadbeach-boulevard-broadbeach"><img alt="Broadbeach" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%203.54.02%20pm.png?VersionId=zn22SxM.owU95cjpGpNFv6DyLUiQiQJK" /></a>

“There is nothing quite like this site on the Gold Coast given its direct access to the beach and the Gold Coast Oceanway, yet it is tucked away in a quiet, leafy cul-de-sac, uninterrupted view corridor that is only a short distance from the hustle and bustle of Broadbeach and Surfers Paradise.”

NPA Projects has been appointed to market the project, with the official sales launch set for early 2023 and construction scheduled to commence in July 2023.

Glenvill Developments has spent the last five decades on the forefront of Australian residential design delivering high end luxury residences across the country, including the billion-dollar master-planned YarraBend development which is currently underway.

Glenvill Developments CEO Len Warson says the project – Glenvill’s first multi-residential project on the Gold Coast - represents an opportunity never to be repeated in the city.

<a data-entity-type="file" data-entity-uuid="1e2e8f13-bc20-4120-b0eb-4abdfcecda5b" href="/new-apartments/21-broadbeach-boulevard-broadbeach"><img alt="Broadbeach" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%203.53.39%20pm.png?VersionId=QKTMTAZgslVJviIdPSuy5xb6CTC171Bv" /></a>

“The incredibly rare and coveted location of this project has instigated an unprecedented number of expressions of interest already, even without people seeing the design,” Warson said.

“There is significant demand from locals seeking out an opportunity to upgrade, and interstate buyers seeking a safe, secure, and exclusive beachfront apartment offering in this great city.

“The design outcome following negotiations with council is a truly boutique residential offering on arguably the best site in Broadbeach.

“The site commands a stunning building, nothing short of a landmark and that’s exactly what we are creating. The building will be enduring and beautiful and something that both the residents and the local community can be proud of.”

The first project in the joint venture has become more boutique since its initial plans were submitted to the Gold Coast City Council back in May.

QNY Group and Glenvill get green light for revised Broadbeach tower

Development in Brisbane's Olympic Village precinct is continuing to gather steam.

The latest to enter is Descon Group Australia, who have paid over $70 million for a 7,880 sqm site next to the Brisbane River at Northshore Hamilton.

There's approval for a three-tower mixed-use precinct at 19 Hercules Street, which would see more than&nbsp;400 residential apartments created and a 4,500 sqm retail and dining precinct.

Descon Group Chairman Danny Isaac said the group’s development arm delivers a diversified income stream and a strong forward pipeline to complement its growing vertically integrated construction and engineering business.

He said the Hercules Street site was key to Northshore Hamilton’s redevelopment plans and on the doorstop of the 2032 Olympic Athletes Village.

“This site is located in the heart of the Games development and will be a fantastic addition to the Brisbane skyline,’’ Isaac said.

“The Queensland Government is 10 years into a 40-year master plan for this Priority Development Area, which is already attracting investments in infrastructure, transport, business and economic growth.

“Descon’s depth of experience, together with its strong balance sheet and ability to deliver projects, from complete engineering and building structures to the entire design and construct lifecycle, gives us a strong delivery advantage and we plan to commence construction early 2023.”

Danny Isaac said the project would be delivered in stages over the next four to five years. Wentworth Equities Director Simon Slavin and Sameh Ibrahim, who purchased the site eight years ago, said they were pleased to be handing the baton to Descon to deliver the project’s vision.

<img alt="Descon" data-entity-type="file" data-entity-uuid="fb52f846-c56f-4887-b886-beca2996ed3b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-14%20at%201.34.47%20pm_0.png?VersionId=aM7Z8n.ofbHjGwKJfKo_2qY7A3VQcJ0X" /> 
Left to right; Pieter Zeeman (Descon QLD GM); Simon Slavin; Danny Isaac; Sameh Ibrahim

Slavin was instrumental in the design and development of the Homebush site for Sydney’s 2000 Olympic Games and has been involved in numerous legacy developments, including Wentworth Point.

“The highly experienced team at Descon are well equipped and have an ambitious plan to bring the project to fruition,” Slavin said. “It will be the jewel in the crown of Brisbane’s largest urban waterside renewal project. The momentum is certainly building for the 2023 Olympics.’’

The waterfront site is located beside Portside Wharf’s entertainment and commercial centre, with easy access to Kingsford Smith Drive and the airport, and only 6km from the Brisbane CBD.

There's approval for a three-tower mixed-use precinct at 19 Hercules Street, which would see more than 400 residential apartments created and a 4,500 sqm retail and dining precinct.

Descon secure Olympic Village site for three-tower development

<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.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

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.

[smartcode_project:default project_id=146358 project_image_fid=323052]

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.

[smartcode_project_cta:default project_id=146358]

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;

[smartcode_project:default project_id=110588 project_image_fid=5347]

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.

[smartcode_project:default project_id=110588 project_image_fid=5360]

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.

[smartcode_project_cta:default project_id=110588]

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.

[smartcode_project:default project_id=150128 project_image_fid=366285]

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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