The Sunshine Coast&nbsp;developer Cube Developments has lodged plans for a $30 million residential community in Peregian Springs, which will be one of the last opportunities for freehold land in the coveted region.

The community, dubbed Lumeah, will see just 33 land lots released, ranging from 500s qm to 800 sqm.

The 2.79 hectare&nbsp;site on Pavilion Drive was originally pinned for 51 townhouses but instead, Cube is seeking to offer 33 exclusive land parcels.

The project, which has been lodged as a joint venture with Queensland builder McNab, will benefit from its position of being a short walk from the Peregian Springs Shopping Centre, beach and Surf Lifesaving Club and Peregian Beach Village, as well as being close by to well-regarded private and state schools.

Director of Cube Developments Scott Juniper said Lumeah has been designed to fit in with the existing style and feel of the surrounding streetscapes, with plenty of landscaping to its verges.

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&ldquo;The site itself is just spectacular, it&rsquo;s nestled within the leafy and well-established community of Peregian Springs and is a stone&rsquo;s throw from some of the best beaches the Sunshine Coast has to offer,&rdquo; Juniper said.

&ldquo;Majority of blocks back onto scenic outlooks and provide unbelievable ocean views.&rdquo;

&ldquo;We made the call alongside McNab to reduce the density from the existing DA approval for 51 townhouses, as we feel as though 33 lots is more aligned with the surrounding residents and will give this estate a truly prized and intimate feel.&rdquo;

Peregian Springs is a small oceanside community just south of Noosa that boasts wide open greenspace, oceans and wildlife conservation sites.

Once approved, it will offer one of the last opportunities for freehold land in the coveted Peregian Springs region.



Joel Robinson

Cube lodge application for $30 million residential community in Peregian Springs

Following the success of the first release, McGrath Projects has launched the second stage of Grand Reve, the sought-after, design-focused apartment development in Castle Hill.

They&#39;re now marketing Building B, the tallest of the two towers, which are interconnected by an L-shaped, level three podium.

The second stage will feature the remaining 110 apartments of the 196-apartment development, with the first stage now around 65&nbsp;per cent sold.

As part of the final release a penthouse of scale and significance will be offered &ndash; designed to include the ultimate sense of luxury, not yet seen in the Hills area.

McGrath Projects Associate Director Adam Sparkes says he&#39;s seen an increased demand from&nbsp;investors, who are wanting to park their money in a safe asset class and are looking at both the forecasted population growth for Castle Hill and&nbsp;the historically low vacancy rates across Sydney.

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There&#39;s also been&nbsp;significant movement from local owner-occupiers and downsizers recently.

In the last few weeks, McGrath Projects sold four of Grand Reve&#39;s large three-bedroom apartments for between $1.65 million and $1.775 million, all to owner-occupiers, indicating the desirability of both the project and the neighbourhood.

&quot;Some are local downsizers who are wanting to sell their big family home, and recognise our three-bedroom apartments are unusually large when compared to other developments in the area,&quot; Sparkes says.

The highest price McGrath Projects has seen over the campaign was from a downsizer couple who paid $2 million for Grand Reve&#39;s largest three-bedroom, which offers&nbsp;138sqm of internal living area and a further 148 sqm external terrace.

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Grand Reve is one of Castle Hill&#39;s most impressive developments that has been launched in recent times.

It&#39;s being developed by the&nbsp;award-winning Kassis Homes, led by Sam Kassis who has been in the building industry for over three decades.

One of the buyers of a three-bedroom apartment was an investor who previously had his own home built over a decade ago by Kassis Homes.

Grand Reve&#39;s twin towers have been designed by Turner Studio, who were inspired by the greenery of Castle Hill, as well as the historic&nbsp;Garthowen House, adjacent to the project, which was surrounded by orchards when built.

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&quot;We&#39;re really urbanising the concept of the backyard and integrating that in to an urban housing scheme that sits in a suburban context and therefore I think we&#39;re going to end up with a unique project and a unique product,&quot; Turner design&nbsp;director, Nick Turner, said.

Turner worked in collaboration with Arcadia to&nbsp;deliver three curated communal spaces as well as smaller, intimate spaces, which are nestled amongst tree groves and terraced landscaped areas.

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Inside the apartments, interiors feature&nbsp;engineered oak timber flooring, stone bench tops and crafted curved timber joinery throughout.

The open plan living, kitchen and dining area are designed to maximise space, both with the 2.7-metre heigh ceilings and the large&nbsp;double sliding doors that extend the space on to a courtyard or balcony.

Grand Reve residents are set to benefit from the location of the project, in the quiet&nbsp;cul-de-sac&nbsp;Garthowen Crescent.

One of the biggest drawcards of Grand Reve is its location, in the heart of Castle Hill.

Sparkes says there&#39;s considerable interest given the location, close enough to benefit&nbsp;from the infrastructure of the $1 billion redevelopment of the Showground Precinct, but far enough away from where dozens of apartment projects are under construction and in the pipeline.

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The second stage will feature the remaining 110 apartments of the 196-apartment development, with the first stage now around 65 per cent sold

Kassis Homes releases final stage of Grand Reve, Castle Hill

Will 2022 be the year of apartments, the year of investors, or both?

Now that international borders are open, the forecasts of immigration are strong, and rolling lockdowns keeping workers out of offices are a thing of the past, industry commentators and experts believe&nbsp;apartments will be back in fashion, given the affordability constraints due to runaway house prices.

Investors, who have been quiet in the property market for the best part of two years due to the&nbsp;COVID-induced downturn on migration and rental returns, are now starting to creep back in to the market.

Now more than ever, the highest priorities for investors are to buy in an area which has planned local infrastructure, solid&nbsp;population growth forecasts, and strong transport links.

One of Sydney&#39;s fastest growing suburbs is Castle Hill&nbsp;in Sydney&#39;s Hills District,&nbsp;north-west of the city. The area&nbsp;is undergoing a huge transformation, with the redevelopment of the Castle Towers Shopping Centre, and the new&nbsp;Metro Station connecting residents to the CBD in just&nbsp;40 minutes by train.

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Population forecasts are also solid, with experts forecasting a 20 per cent rise in population in the next 15 years.

McGrath Projects Associate Director&nbsp;Adam Sparkes says he&#39;s seeing investors start to get back in to the market, with a number of investors interested in the potential returns&nbsp;at&nbsp;Grand Reve, the Castle Hill apartment development from builder developer Kassis Homes.

&quot;Many are seeing long-term growth in the area, with the Castle Towers redevelopment the obvious drawcard,&quot; Sparkes says, also suggesting that there are more shrewd&nbsp;buyers in the market than ever before.&nbsp;

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&quot;First home buyers are getting savvier, and are intending to live in the new apartment on completion, with a view of making it an investment in the years after when they&#39;ve moved on,&quot; Sparkes notes.

&quot;Local downsizers are also buying with a view that, upon completion in Q4 2023, they will likely lease the apartment while they put the wheels in motion to sell their family home, and downsize in to the apartment eventually.&quot;

One of the biggest drawcards of Grand Reve is its location, in the heart of Castle Hill. Sparkes says there&#39;s considerable interest given the location, close enough to benefit&nbsp;from the infrastructure of the $1 billion redevelopment of the Showground Precinct, but far enough away from where dozens of apartment projects are under construction and in the pipeline.

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Sparkes advises some of the larger, more owner-occupier friendly apartments in Grand Reve will likely yield around 3.5 per cent on completion,&nbsp;but the more investor friendly one and two-bedroom product should reach a yield of around 4.5 per cent, well above The Hills District average of 3.4 per cent that SQM Research calculate.

The savviest of investors have been buying through their self-managed super funds, with one purchaser, a local couple, spending over $850,000 on a two-bedroom apartment in their SMSF.

There&#39;s also the depreciation benefit&nbsp;of a brand new asset&nbsp;for investors, who can claim yearly depreciation of the investment, an option not available to those investors seeking an already built apartment.

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Castle Hill&nbsp;has a median apartment price of $969,000, up 7.4&nbsp;per cent in the last 12 months, according to CoreLogic data.&nbsp;The gap between the median house and median&nbsp;apartment price in Castle Hill is&nbsp;$1.32 million, with the&nbsp;Castle Hill median house value at $2.292 million in February.

In August last year, McGrath Founder John McGrath noted the growing shift of those seeking out apartments over houses due to affordability, and that gap has only grown since then.

&quot;We&rsquo;re now meeting young people at opens who tell us they&rsquo;ve given up on a house and have switched their search to townhouses and apartments,&quot; McGrath said.

[smartcode_project_cta: project_id=94147]

Now more than ever, the highest priorities for investors are to buy in an area which has planned local infrastructure, solid population growth forecasts, and strong transport links.

Will investors and outpriced prospective house buyers drive the apartment market in 2022?

Pace Development Group has started 2022 with a foothold at the Mornington Peninsula&rsquo;s gateway, after the developer purchased a mixed-use site in the rapidly evolving City of Frankston for $16 million.

The 3274 sqm beachside site, located at 438-444 Nepean Hwy, was previously the location of Frankston Cinemas before becoming a vacant land parcel ripe for redevelopment.

Its current owner, a private Melbourne developer, had held the site for two years before negotiating its sale to Pace in an off-market deal.

Pace will plan around 200 apartments, with a high level of&nbsp;amenity, including an infinity pool overlooking the bay,&nbsp;and ground floor retail.

Shane Wilkinson, Managing Director of Pace Development Group, said he has had his sights set on development opportunities within the Bayside locale for some time.

&ldquo;I&rsquo;ve always had a clear mandate to be ahead of the curve when it comes to choosing up-and-coming locations across Melbourne, and offering purchasers a lifestyle in those areas that is synonymous with the Pace standard,&rdquo;&nbsp;Wilkinson said.

&ldquo;What makes this site particularly exciting is the magnificent backdrop of Port Philip Bay which will offer the majority of apartments uninterrupted water views.

&ldquo;We are currently working through early concepting of a U-shaped building that will allow the maximum number of apartments to enjoy panoramic views of the bay.

&ldquo;Our design brief emphasises Pace&rsquo;s commitment to developing buildings that are truly iconic and timeless in their architectural language.&rdquo;

Ashley Bramich, Sales and Marketing Director at Pace, said Frankston had already benefitted from strong price growth in the last year, yet its ability to cater to a discerning downsizer market has been capped until now.

&ldquo;Downsizers across the Peninsula have had very limited off-the-plan opportunities that come close to their expectations on quality and location,&rdquo;&nbsp;Bramich said.

&ldquo;With the Peninsula&rsquo;s extraordinary price growth of 20% being driven by younger sea-changers, empty-nesters couldn&rsquo;t be in a more advantageous position to sell their sprawling family properties and downsize.

&ldquo;Our vision is to create a project that meets the needs of Peninsula downsizers by focusing on larger two- and three-bedroom apartments and high-end facilities like an infinity pool looking out to a water aspect, and extensive health and wellbeing amenities.

&ldquo;Frankston offers the best of a Bayside and Peninsula lifestyle, yet being only 45 minutes from Melbourne&rsquo;s CBD allows for great connectivity for working commuters.

&ldquo;We believe the Frankston and Mornington Peninsula apartment market is limited from a planning perspective and significantly undervalued. Developments with water views in Sydney, Perth and Brisbane are all selling at significant premiums to what has been achieved in comparable locations in Melbourne.

The developer is currently in consultation with two architectural firms to refine its scheme, aiming to commence the planning process shortly in order to launch an early sales campaign in 2023

Pace will plan around 200 apartments, with a high level of amenity, including an infinity pool overlooking the bay, and ground floor retail.

Pace set for Frankston, Mornington Peninsula apartment development

Serai, Megara Property&rsquo;s flagship development on the border of Mosman Park and North Fremantle, has already seen strong buyer demand from locals looking for something at the higher end of the market.

Over $45 million of sales were secured&nbsp;at its recent sales launch, including the luxury penthouse crowning The Shore Residences, one of the two buildings in the development.

The penthouse, which has 400 sqm of internal living space and a wrap around balcony, has three bedrooms, a private pool, and an outdoor bar.

Serai comprises 105 apartments across The Shore Residences and The Bay Residences, and a number of&nbsp;three-storey townhouses.

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Megara Property Director, Jamie Clarke says Serai&rsquo;s buyers span across a range of demographics, however the recent launch was dominated by downsizers from the local area wanting to move from larger family homes, but stay in the area in which they have grown up in and have established connections.

Clarke&nbsp;notes that due to the expansive size of the three-bedroom apartments, locals aged between&nbsp;50 &ndash; 70 years old saw the opportunity to cash in and downsize from their family home to one of the larger apartments.

&quot;Those kinds of buyers looking at the floorplans realise it&#39;s not a significant downsize in terms of living space,&quot; Clarke said.

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&quot;They want lock-and-leave, maintenance-free living, but they&rsquo;re also looking for privacy and amenity with the room to move that they have become accustomed to in their family home&quot;.

Designed by award winning architect, Felipe Soto, Serai has been designed to maximise its premium elevated location atop McCabe Street Hill, between the Swan River and Leighton Beach, capturing the views of the ocean and the river.

All of the resident amenity, including the infinity pool, gym, with sauna and yoga studio, and an outdoor cinema, all have views. There&#39;s also a games room with pool and poker tables.

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&ldquo;What excites me most about this project, is probably the diversity and the way it can integrate with people&rsquo;s lifestyle choices,&rdquo; Clarke added.

The active street-level comprises a cafe and landscaped gardens.&nbsp;

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The amenity was important in the design by Space Collective Architects.

&ldquo;We wanted to create spaces where you can come together and meet your neighbours,&quot;&nbsp;Space Collective Architects Design Director Felipe Soto says.

Serai&#39;s location has been one of the key drivers for purchasers. It is&nbsp;conveniently located on McCabe Street, just a bridge from Fremantle, and just south of&nbsp;the premium parkside locations like&nbsp;Mosman Park and Peppermint Grove.

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The majority of the buyers so far have been those residing in the western suburb's already, as well as the investor market, both local and international

Serai, North Fremantle apartments, rocket on sales launch

The longstanding ACT and Gold Coast apartment developer, Morris Property Group, is kicking off its solid 2022 pipeline of new projects.

The first is in Broadbeach, where Morris has big plans this year. They&#39;ve just lodged a development application to the Gold Coast City Council for Crest Broadbeach, a 37-level tower with 157 apartments at 13-15 Armrick Avenue, designed&nbsp;by the Canberra architecture firm Guida Moseley Brown.

The two and three-bedroom apartments start from level five, above the three podium levels and level four amenity.

The extensive amenity, wrapped in terraces with seating and dining areas, features a pool, gym, lounge space, a private barbecue and dining space which can be hired, and a communal barbecue area.

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Also part of the level is extensive co-working space, with a number of single desk pods, office spaces, and boardroom-style rooms.

There will be a maximum of&nbsp;five apartments per floor, with just three three-bedroom apartments per level on the higher floors.&nbsp;

Morris secured the two side by side Armrick Avenue sites last year, the two 647 sqm blocks totalling&nbsp;1294 sqm.

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The development is next door to the soon-to-be-launched tower by Turrisi Properties. Smaller at 22 levels, the tower designed by Rothelowman will have 81 two and three-bedroom apartments.

Crest Broadbeach will MPG&#39;s eighth development in the exclusive suburb, after successfully selling out Opus, Koko and Qube.

The team are preparing to lodge development applications for a number of Broadbeach sites in 2022, including one on the dress circle Australia Avenue, just 200 metres to the beach.

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach"><img alt="" height="620" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-22_at_2.43.25_pm.png" width="1102" /></a>

MPG also recently acquired a site in Burleigh Heads,&nbsp;a huge 2,024 sqm double block at 1873-1875 Gold Coast Highway.

They are planning&nbsp;a project comprising predominantly two-bedroom,&nbsp;two-bathroom&nbsp;apartments to provide housing more affordable to a broader section of the community.

&quot;Burleigh Heads is a great lifestyle location and represents the relaxed Gold Coast way of life. 1873-1875 Gold Coast Highway is an amazing opportunity to provide more buyers with the opportunity to enjoy the Burleigh life,&quot;&nbsp;Barry Morris said.

&nbsp;

MPG has just lodged a development application for Crest Broadbeach, a 37-level tower with 157 apartments at 13-15 Armrick Avenue designed by the Canberra architecture firm Guida Moseley Brown.



Morris Property Group set for Crest Broadbeach apartments

Resident amenity in apartment towers has gone up a notch over the last few years, as people are spending more time in their homes and working remotely.

It can be a defining factor&nbsp;in a buyers decision to secure an apartment in one development over another, and developers are getting wise to that fact.

Pezet Matheson Director Todd Matheson believes Tapestry, the recently launched&nbsp;Chevron Island&nbsp;apartment development from Siera Group, has one of the&nbsp;best on the exclusive island, if not even the wider Gold Coast.

&quot;We&#39;ve seen it on a few projects where developers have dedicated the rooftop to communal facilities, but not to this standard in this area,&quot; Matheson says.

&quot;It&#39;s a huge space where residents can enjoy a number of different facilities and zones, as well as offering sweeping views across the whole of the Gold Coast.&quot;

[smartcode_project:default project_id=108641 project_image_fid=192959]

Siera Group Founder and Managing Director, Brent Thompson, says when they&nbsp;were designing the rooftop, they really wanted to make sure that they created multiple breakout zones so that residents were able to be in their own private little areas when enjoying the facilities.

&quot;Reminiscent&nbsp;of&nbsp;the&nbsp;famous&nbsp;hotel&nbsp;rooftops&nbsp;of&nbsp; the&nbsp;world,&nbsp; The&nbsp;Roof&nbsp;Terrace&nbsp;at&nbsp;Tapestry&nbsp;is&nbsp;a&nbsp;multi-faceted&nbsp;retreat&nbsp;for residents&nbsp;to enjoy their space,&quot; Thompson says.

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&quot;Whether&nbsp;it&rsquo;s&nbsp;a&nbsp;swim&nbsp;in&nbsp;the&nbsp;resort&nbsp;pool, relaxing on the day bed deck or sunken lounge area, some quiet time on the lawn terrace or tending to the vegetable garden, there&rsquo;s a space for&nbsp;everyone&nbsp;to&nbsp;enjoy&nbsp;in&nbsp;total&nbsp; privacy.

[smartcode_project:default project_id=108641 project_image_fid=192964]

Offering panoramic views, the rooftop is complete with a resort-style swimming pool, barbecue and alfresco space, a private dining room with a terrace and fire pit, an edible garden, a private gym with a sauna and steam room, along with the many landscaped lawns and gardens scattered throughout.

Siera were clever in the design of the resort-style swimming pool, which makes it even more unique.

&ldquo;We&#39;ve lent into creating a pool that had those private breakout spaces for people, so you could have your own privacy, and we also wanted to make sure that the pool didn&#39;t obstruct the beautiful views that we have to the northeast over the Nerang river and into the Surfers Paradise skyline,&quot; Thompson added.

[smartcode_project:default project_id=108641 project_image_fid=192963]

&ldquo;We actually removed one of the apartments on the level below and we&#39;ve dropped the pool down into that space so you get this really seamless pool experience with the spectacular view, with the pool then becoming an infinity edge that then overlooks the rest of the Gold Coast.&quot;

On the roof is also a private residence dining room and dining terrace, which looks&nbsp;out to the southwest, over HOTA and into the hinterland.&rdquo;

&ldquo;This is a space residents are able to book through an online booking application that Siera will run as part of the management of the building and it&#39;s a great place to be able to hold those special events where you want to invite family and friends over and enjoy everything that tapestry has to offer in your own private setting, so we think that&#39;s going to be very special for milestone events like birthdays engagements and anniversary&#39;s and we&#39;re really excited about the residents of tapestry to being able to enjoy that.&rdquo;

[smartcode_project:default project_id=108641 project_image_fid=192969]

There&#39;s further dining options, around the two barbecues, as well as a veggie garden, something Thompson put a level of importance on when designing the rooftop.

&ldquo;We wanted to create this sense of community for the residents, a place where those that are interested in being a part of the vegetable garden and community would be able to. The garden is really low maintenance and very practical, that the residents are going to be able to take ownership of and really create a sense of community and belonging.&rdquo;

Tapestry&#39;s rooftop is also home to a fully-functional gym and wellness facility, which has&nbsp;indoor and outdoor activation, as well&nbsp;as a sauna and steam room&nbsp;that ties into the entire wellness&nbsp;space.

[smartcode_project:default project_id=108641 project_image_fid=192971]

&ldquo;We wanted to have this health and wellness story to the rooftop as well and that comes right through from the pool and into the spa facilities.

&quot;We&#39;ve got an outdoor shower as well as our outdoor lawn area which is going to be real grass where people are going to be able to utilise that to do yoga or outdoor activities and this also ties into our residence gym which is located on the rooftop as well.&quot;

Tapestry, rising 22-levels, on the prized east-side of&nbsp;Chevron Island&nbsp;at 39 Darrambal Street, is being developed by the Siera Group, led by Brent Thompson,&nbsp;who sits on the board of UDIA QLD and chairs the Brisbane&nbsp;City Council&nbsp;Policy&nbsp;Committee.

The tower was designed by the local architecture firm BDA, whose brief was to merge art with architecture.

The result is a striking building of 113 apartments, featuring a&nbsp;mixture of vertical blade walls and horizontal slab edges which respond to available views and natural light.

&nbsp;

[smartcode_project_cta: project_id=108641]

Siera Group Founder and Managing Director, Brent Thompson, says when they were designing the rooftop, they really wanted to make sure that they created multiple breakout zones

Is this the best rooftop amenity in Surfers Paradise?

An eco-friendly, masterplanned community in Albany Creek, which sets a new standard for sustainable living in Brisbane has started construction.

Riverfront is a rare terrace home development, positioned on the junction of Albany Creek and the South Pine&nbsp;River, that offers buyers the chance to live among 11 acres of private landscape with exclusive&nbsp;river&nbsp;and creek frontage.

Developed by Brisbane-based Lucindale Holdings, Riverfront allows homeowners to benefit from renewable energy solutions, rainwater harvesting and improved air quality while enjoying unmatched space within natural, green surrounds.

Riverfront has gained design certification from the internationally recognised EarthCheck Building Planning and Design program. This certification was based on key sustainable initiatives for each home with no net loss in biodiversity.

[smartcode_project:default project_id=14057 project_image_fid=190710]

Lucindale Holdings Managing Director Marcel Russ said the company had deliberately integrated innovative sustainable design principles throughout the project to provide positive, productive, and sustainable contributions for residents and the existing local community.

&ldquo;Our design approach acknowledges the uniqueness of the location and its environment and incorporates a number of measures to reduce energy and greenhouse gas emissions, conserve natural resources and minimise waste generation and pollution throughout the planning and design of the development,&rdquo;&nbsp;Russ said.

&ldquo;We are also committed to the sustainable procurement of local products and services and give preference to natural design elements, where possible.&rdquo;

[smartcode_project:default project_id=14057 project_image_fid=190717]

Position Property has already sold&nbsp;60 per cent&nbsp;of the community&nbsp;prior to construction commencing.

Position Property Director Richard Lawrence said Riverfront was providing the luxury, sustainable alternative that buyers had been looking for.

[smartcode_project:default project_id=14057 project_image_fid=190711]

&ldquo;With climate change at the forefront of most people&rsquo;s minds, we&rsquo;re seeing an increase in buyers wanting to purchase sustainable housing that still looks and feels luxurious,&rdquo;&nbsp;Lawrence said.

&ldquo;Riverfront offers all of that and more. With exclusive&nbsp;river&nbsp;and creek frontage, set upon 15 acres of land, Riverfront buyers can live in a private, eco-friendly oasis at an affordable price point.&rdquo;

&ldquo;Riverfront has implemented a range of initiatives in each home which are not only good for the environment, but also for the hip pocket of residents.

&ldquo;Owners will benefit immensely from the project&rsquo;s renewable energy solutions.&rdquo;

[smartcode_project:default project_id=14057 project_image_fid=190715]

Riverfront offers four-bedroom terrace homes set across two storeys with&nbsp;open-plan living spaces that optimise natural light and airflow. Large garages, fully ducted air-conditioning,&nbsp;river&nbsp;views and roof mounted PV solar systems are all standard.

Residents will have access to a range of private amenity including a&nbsp;20-metre pool, fire pit area, community garden, and a barbecue area with a woodfired pizza oven.

[smartcode_project_cta: project_id=14057]

Riverfront has gained design certification from the internationally recognised EarthCheck Building Planning and Design program.


Riverfront, an eco-friendly masterplanned community in Brisbane's Albany Creek, starts construction

The prominent international property developer,&nbsp;Sekisui House, is preparing to launch its next phase of its $1 billion masterplanned community, The Orchards, in Norwest in Sydney&#39;s north-west.

The next release will be Lumia Lux, the second phase of the third stage of apartments, Lumia, which was released to the market nearly 12 months ago.

Lumia Lux&nbsp;commands a prime position in the Norwest development, located along Strangers Creek reserve and surrounded by large trees, a linear park and waterways.

Designed by prominent architectural practice Turner, Lumia Lux&rsquo;s design responds to its surrounds and embraces&nbsp;a connection to the environment. The two 12 and 13-level buildings will home&nbsp;127 apartments. There will be&nbsp;11 one-beds, 71 two-beds, 25 two-bed max, 17 three-beds and three&nbsp;four-bed penthouses on offer.

[smartcode_project:default project_id=111509 project_image_fid=191138]

A key feature of Lumia Lux is the outdoor pool and pavilion. This pavilion is appointed with a collection of communal and intimate dining and lounge areas that overlook the pool and linear park. Embracing the natural setting, the pool and pavilion have been designed to embrace the organic forms found in nature.

An infinity water edge, floating lounges and green landscaped roof further heighten the connection to nature.

Prices start from $650,000 for a one bed (62 sqm&nbsp;internal) and over $2.4 million for a four-bed penthouse (176 sqm&nbsp;internal).

[smartcode_project:default project_id=111509 project_image_fid=191136]

David Lee, Sales Manager, Developments and Communities &ndash; The Orchards at Sekisui House, says the conditions are ripe for a strong 2022 selling season, which is why&nbsp;Lumia Lux will launch next&nbsp;month. He notes that apartments have become a clear alternative for many home buyers with Sydney&#39;s median house values reaching record highs.

&quot;Strong rental demand for apartments is bringing property investors back into the market, first home buyers are seeking affordable property options and downsizers are selling their larger homes to release capital for lifestyle purposes,&quot; Lee says.

&ldquo;With over 330 apartments sold to date, The Orchards continues to attract a wide range of purchasers drawn to its luxurious lifestyle and first-class amenities.

&quot;Lumia Lux offers a broad range of apartment configurations aimed at enticing first home buyers, local downsizers and investors.

Set on a nature site with a creek and cycle/walkways, The Orchards will feature recreational amenities including a 1.4-hectare public park, playgrounds, break-out green spaces, outdoor lagoon pool, large indoor fitness centre and indoor heated swimming pool.

[smartcode_project:default project_id=111509 project_image_fid=189525]

&nbsp;The masterplan, on 8.1 hectares, is spread across five stages. When completed the community will comprise 1300 apartments.

The Orchards is located approximately 31 kilometres north-west of Sydney&rsquo;s CBD and is nestled in Norwest. It is strategically positioned 800 metres from Norwest Metro Train Station and 600 metres from Norwest Marketown as well as Norwest Business Park - currently housing over 30,000 employees.

All apartments in both Imperial (Stage 1) and Aire (Stage 2) in The Orchards have been completely sold out. Lumia phase 1 has approximately 55 apartments left, with the majority being oversized two bed max apartments.

Lumia Lux commands a prime position in the Norwest development, located along Strangers Creek reserve and surrounded by large trees, a linear park and waterways

Sekisui House to launch Lumia Lux at The Orchards, Norwest masterplan

The booming Castle Hill apartment market is set to welcome yet another development near the $1 billion Showgrounds precinct.

The latest is from&nbsp;KWG Property, who has launched their&nbsp;$300m Castle Island, some 295 spread across seven buildings near the new Showgrounds town centre, well connected to the rest of Sydney by the&nbsp;new Sydney Metro Station.

Inspired by nature, Castle Island was the worked of the&nbsp;local architectural firm, Giles Tribe, and two international architects, Hong Kong&rsquo;s ARVA Architects and DLN Architects. They brought&nbsp;a shared vision of integrating the surrounding landscape into Castle Island&rsquo;s apartments.

[smartcode_project:default project_id=112005 project_image_fid=191253]

On offer is one, two and three-bedroom apartment, featuring&nbsp;full-height glazed facades designed to offer extensive views so that residents feel connected to nature and their surroundings.

The one and two-bedroom apartments are being pitched at owner-occupiers and investors, while the premium 135 sqm, three-bedroom apartments are expected to generate interest from families, downsizers, and rightsizers.

Residents can choose from two colour palettes in the apartments. There&#39;s&nbsp;WOODLAND&rsquo;s pale oak-inspired timbers,&nbsp;stone grey benchtops and brushed bronze accents, or create a more classic&nbsp;FOREST FLOOR&rsquo;s creamy marble-look benches, black wenge cabinetry matte black tapware.

[smartcode_project:default project_id=112005 project_image_fid=191258]

The communal spaces have been designed&nbsp;by Glyph Studio include a clubhouse, gym, lobby, library and co-working space. There&#39;s also&nbsp;private lounging nooks, yoga zones, games and play areas, space for rooftop meals and sunset drinks.

There&#39;s a large garden central to the project, as well as three elevated sky gardens, complete&nbsp;with barbecues, a yoga lawn and twilight outdoor cinema.

Construction commencement is proposed for Q4 2022, with Stage 1 completion expected in Q2 2024.

[smartcode_project:default project_id=112005 project_image_fid=191251]

Developers are continuing to put faith in the growing Castle Hill area. Experts are expecting a 20 per cent rise in population in Castle Hill in the next 15 years, due to infrastructure and amenity upgrades.

Commuters have been spared the motorway with the new Sydney Metro Station,&nbsp;now just a 40-minute commute to Town Hall Station.

The popular Castle Towers shopping precinct has been redeveloped, and the Showgrounds precinct continues to grow in to a destination with a range of shopping and amenity.

[smartcode_project_cta: project_id=112005]

&nbsp;

The $300m Castle Island, some 295 spread across seven buildings near the new Showgrounds town centre, is connected to the rest of Sydney by a new Sydney Metro Station.



Castle Hill's new $300 million apartment development, Castle Island, launches

<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.

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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.

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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.

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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.

[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.

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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.

[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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