Palm Beach, one of the Gold Coast&#39;s hottest apartment markets, is set for a new unique project just off the beach.

S&amp;S Projects, led by the surfer developer Paul Gedoun, is expanding out of Rainbow Bay, where it&#39;s had back to back successes with its three latest apartment developments.

They&#39;ve just submitted plans for an $88 million mixed-use development at 1128 Gold Coast Highway, a mix of 150 hotel rooms underneath 40 two and three-bedroom apartments. It will replace the popular dining venue, The Collective.

Dubbed St Isla, the project has been designed by S&amp;S&#39;s go-to architecture firm, Cottee Parker, who designed Awaken, Esprit and Flow, in Rainbow Bay. Awaken and Flow are both sold out, with Esprit soon to follow suit.

<a href="/new-apartments/st-isla-1128-gold-coast-highway-palm-beach-qld-4221">To keep up with the next stage of development and launch of St Isla, enquire here.</a>

<img alt="" height="664" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ss_from_the_beach.jpg" width="1200" /> 
The proposed St Isla development from the beach. Image credit: Cottee Parker

St Isla will rise 23 levels one row back from the beach and will have 10 two-bedroom apartments and 30 three-bedroom apartments which start from level 12 upwards.

The two-bedroom apartments start from 94 sqm internal with a 14 sqm balcony. The three-bedders have internal living areas from 147 sqm, with a 33 sqm balcony.&nbsp;

There are two amenity levels on the first and second floor. Level one will home a function room with a kitchen and a bar, a full day spa and a gym.

<a href="/new-apartments/st-isla-1128-gold-coast-highway-palm-beach-qld-4221">To keep up with the next stage of development and launch of St Isla, enquire here.</a>

Up a level will be the pool, with an adjoining cafe and beach bar. The ground level will also turn in to a precinct itself, with a cafe and dining tenancy space.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/st_isla_ss_montage.jpg" width="1200" /> 
The full St Isla tower with entry renders. Image credit: Cottee Parker

Town planner Urbis said that St Isla will provide a suitable point-of-different to boutique large three and four-bedroom apartment products that are being lodged in recent months.

&quot;With&nbsp;varied sizes and density, these units will vary in price with an intent to attract owner occupiers, first home buyers and down-sizers,&quot; Urbis added.

They put together an economics benefit package, showing how much St Isla would have a positive impact on both the employment and value added to the wider economy.

<a href="/new-apartments/st-isla-1128-gold-coast-highway-palm-beach-qld-4221">To keep up with the next stage of development and launch of St Isla, enquire here.</a>

&quot;Construction associated with the proposed development is expected to add a total of $64.2 million to the economy and support 240 full-time equivalent (FTE) jobs per annum during the construction period,&quot; Urbis predict.

The hotel is expected to bring over 76,000 visitors to Palm Beach.

Construction is expecting to take around two years, and start, pending planning approval, in Q4 2022.

Town planner Urbis said that St Isla will provide a suitable point-of-different to boutique large three and four-bedroom apartment products that are being lodged in recent months

Joel Robinson

Exclusive: S&S Projects plan for rare Palm Beach apartment hotel development, St Isla

The prominent Queensland developer, Seymour Group, has filed plans for its Newstead Green masterplan.

There will be two stages of the development at 99 Breakfast Creek Road, each with four residential towers ranging in height from 11 levels to 16 levels. The four towers in each stage will share a level four podium.

One of the planning driver for architecture firm&nbsp;bureau^proberts was to create a gateway precinct that connects the airport arrivals to the CBD - an important arrival experience for future visitors for the 2032 Olympics.

Bureau^proberts said in their statement to the Brisbane City Council that the departure of the current occupier, which is AP Eagers,&nbsp;offers a unique opportunity&nbsp;to&nbsp;transform an&nbsp;important and strategic land parcel on one of Brisbane&rsquo;s key gateway&rsquo;s.

&quot;Newstead North has deep history of change, from a mix of residential housing and industry on the river in the 1930&rsquo;s, to a growing industrial hub in the 1970&rsquo;s &amp; 80&rsquo;s,&quot; the statement read.

&quot;As the city grows and its needs shift, the site has found itself soon to be vacant. Its current occupier, one of the last of Newstead North&rsquo;s industry users, is leaving due to the site not able to meet the needs of these historic users.

<img alt="" height="782" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/newstead_north_evelyn_street.jpg" width="1200" /> 
The proposed view of Evelyn Street. Image credit: bureau^proberts

&quot;Newstead Green intends to build on the history of urban regeneration to offer a vibrant place for people to live and work close to the city, but with a focus on integrating landscaped green spaces with the fine grain urban lifestyle.

Bureau^proberts says the project aims to build on the idea of green spines connecting the Brisbane River to the character of Bowen Hill.

&quot;This &lsquo;River to Ridge&rsquo; approach will afford the opportunity to incorporate BCC&rsquo;s Building that Breathe design strategies to provide a sustainable, approachable and vibrant place to live, work and visit.

&quot;By creating public open spaces that open up with cross block links, the site will be a permeable and accessible precinct that will create dynamic living opportunities for a wide variety of demographics.

The location of Newstead Green at 99 Breakfast Creek Road&nbsp;will see it&nbsp;built next door to&nbsp;JGL Properties&#39; Newstead Series, four completed apartment towers with 200 apartments.

There will be a carnival type atmosphere at the Evelyn Street Plaza, with an archway of greenery at Byres Lane making the entry to Newstead Green laneway, lined with shops.

<h2>Fast facts</h2>

Residential inclusions:

<ul>
	<li>Apartments</li>
	<li>Residential care facility</li>
	<li>Retirement facility</li>
	<li>Rooming accomodation</li>
	<li>Short-term accomodation</li>
</ul>

Commercial inclusions

<ul>
	<li>Bar</li>
	<li>Car wash</li>
	<li>Caretaker&rsquo;s accommodation</li>
	<li>Childcare centre</li>
	<li>Community care centre</li>
	<li>Community use</li>
	<li>Educational establishment</li>
	<li>Emergency services</li>
	<li>Food and drink outlet</li>
	<li>Function facility</li>
	<li>Health care service</li>
</ul>

One of the planning driver for architecture firm bureau^proberts was to create a gateway precinct that connects the airport arrivals to the CBD



Seymour Group file plans for Newstead Green masterplan

Toowong, the riverside inner-Brisbane suburb,&nbsp;is set for a contemporary mixed-use development.

Plans have been filed for two towers, dubbed The Edge&nbsp;at&nbsp;80-88 Jephson Street Toowong, which will see 320 apartments built above a number of retail spaces on a podium level.

There will be a mix one two, three and four-bedroom apartments in Tower A, and the&nbsp;

The local architecture firm, Zenx Architects, designed the two 24 and 25-level towers with the focus of &quot;Living on the Edge.&quot;

&quot;It embraces the design principles of &ldquo;Buildings That Breathe&rdquo; and reflects a new post-Covid lifestyle,&quot; Zenx submission to the Brisbane City Council advised.

<a href="/new-apartments/toowong-qld-4066">To keep up to date with the project, enquire here.</a>

&quot;We have explored various responses to new social challenges, with the aim of generating a design that reflects changing lifestyles and demands of residents.&quot;

Zenx said the site provides an exciting opportunity for urban renewal excellence, being located in the central hub of Toowong and part of Brisbane City Council&rsquo;s strategic catalyst site.

&quot;Sitting between the Brisbane river and foothills of Mt Coot-tha, where the green meets the blue, the development is situated alongside all the natural &amp; urban attributes that can support a healthy, connected and sophisticated lifestyle.&quot;

<img alt="" height="1236" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_edge_toowong_2.jpg" width="1200" />

There was a big focus for Zenx to encourage healthy indoor and outdoor living, entertainment, and working from home, as well as creating a positive social connection in the neighbourhood.

&quot;The design of this development occurred through the Covid pandemic period, and will be one of first projects to deliver a considered response to the post-Covid era.

&quot;We have explored various responses to new social challenges, with the aim of generating a design that reflects changing lifestyles and demands of residents.&quot;

<a href="/new-apartments/toowong-qld-4066">To keep up to date with the project, enquire here.</a>

The level three podium roof terrace, shared between both buildings, will feature a&nbsp;20 metre lap pool and adjoining play pool, a gym, indoor lounge, and a quiet room.

There will be further resident amenity on each rooftop, with landscaped gardens and lounge area, as well as ground level media room, lounge and function room.

The plans were filed by Po Seng Management.

No doubt they took some inspiration of the green laden The Aviary apartment development, currently being developed next door by State Development Corporation.

"The concept of “Living on the Edge” is our answer...It embraces the design principles of “Buildings That Breathe” and reflects a new post-Covid lifestyle"



Plans filed for "post-COVID" mixed-use apartment development in Toowong

Prospective buyers have never had a better opportunity to buy a&nbsp;property in the City of Melbourne.

The State Government is offering stamp duty incentives for new properties purchased within the City of Melbourne area. A 50% concession on stamp duty is available for new properties worth up to $1 million, for contracts entered into before June 30 2022.&nbsp;If the new property has been on the market for more than 12 months, then stamp duty is waived completely.

It includes all of the locations in the City of Melbourne local government area, which&nbsp;includes the surrounding city areas of Docklands, <a href="/new-apartments/southbank-vic-3006">Southbank</a>, and <a href="/new-apartments/kensington-vic-3031">Kensington</a>.

Experts are saying that now is the right time to buy in Melbourne, while the stamp duty savings are in place, and before international migration and investment really fires back up, which in turn drives prices higher.

Both concessions are applicable for owner-occupiers and investors,&nbsp;and can be used in conjunction with other offers like off the plan deals and first home buyer grants.

We've wrapped up the best developments currently on the market in the City of Melbourne LGA which either have only 50% stamp duty payable, or none at all.

<h2><a href="/new-apartments/docklands-vic-3008">Docklands</a></h2>

Project name: <a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands">East Tower,&nbsp;Melbourne Quarter</a> 
Developer: Lendlease 
Priced from: $455,000 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=3459 project_image_fid=179458]

The national property developer, Lendlease, has put everything in one place for residents at Melbourne Quarter, with the recently completed East Tower featuring three whole floors of resort-style amenities.

Dubbed Club MQ, residents will have exclusive access to, a 25-metre indoor swimming pool, spa, sauna, steam room,&nbsp;yoga room, theatrette, and a library.

[smartcode_project:default project_id=3459 project_image_fid=179455]

Melbourne Quarter will be named Melbourne's greenest city precinct, with around 50 per cent of the 2.5 hectare precinct dedicated to outdoor open space.

Melbourne Quarter's prime Flinders&nbsp;Street location puts residents in the heart of the action, and&nbsp;a stones throw from&nbsp;Southern Cross Station, one of the major transport hubs in Melbourne city.

Project name:&nbsp;<a href="/buildings/voyager-docklands-103-south-wharf-drive-docklands-vic-3008">Voyager</a> 
Developer: Mirvac 
Priced from: $475,000 
Stamp duty:&nbsp;Save 50% stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=3494 project_image_fid=184725]

Voyager tower is the eigh​th completed apartment tower in Mirvac’s Yarra’s Edge masterplan, designed to include a variety of indoor and outdoor spaces.

The $300 million development on the Docklands waterfront rises 130 metres and is home to a sweeping range of facilities.

Designed by Mirvac’s in-house design team, its resident-only amenities and contemporary apartments have boosted investor interest in the development, from an art gallery in the lobby to resident skydeck.

[smartcode_project:default project_id=3494 project_image_fid=184722]

The first half of 2021 saw 20 per cent more sales in the recently completed building, compared to the same time last year, with&nbsp;owner-occupiers accounting for 78 percent of purchasers over the period.

Mirvac&nbsp;General Manager for Residential Victoria, Elysa Anderson, said buyers were drawn to the luxury apartments, exceptional amenity and beautiful waterfront living Yarra’s Edge has to offer.

<h2><a href="/new-apartments/southbank-vic-3006">Southbank</a></h2>

Project name: Melbourne Square 
Developer: OSK Property 
Priced from: $711,400 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=2929 project_image_fid=137896]

Melbourne Square is arguably Melbourne's most convenient address. The two completed towers, designed by Cox Architecture with interiors by Carr Interior Design, are located in the heart Southbank.

Part of the $2.8&nbsp;billion development by OSK Property&nbsp;is Melbourne's only&nbsp;double-storey Woolworths supermarket.&nbsp;Located adjacent from Melbourne Square&nbsp;a mix of eateries including&nbsp;Theo's Fish Bar, Sicilian pizzeria Pizza Pantelleria, specialist roasters and cafe Espresso Bar, Vietnamese restaurant Golden Bunny by Tho Tho, Japanese cuisine experts Waku Waku and a new BWS bottle shop.

One of the most impressive features is the city's largest resort-style pool, at 50 metres long, which soars 54-levels into the sky. Residents will also have access to private dining facilities, bookable games rooms, a theatre, music room, yoga studio, gym, and even a golf&nbsp;simulator.

Based on the&nbsp;purchase of an $850,000 apartment, buyers can save over $120,000 with the combination of government concessions and&nbsp;a number of developer incentives,&nbsp;including Coco Republic furniture packages and styling consultations, Samsung white goods and a Lovelight blinds package.

Project name: <a href="/new-apartments/viv-re-on-dorcas-10-16-dorcas-street-south-melbourne">Vivére on Dorcas</a> 
Developer: BEKL 
Priced from: $490,000 
Stamp duty: Save 50% stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=108979 project_image_fid=181109]

Vivére on Dorcas boasts a new collection of 36 upscale residences delivered by BEKL, Amazon Property Group’s Australian operation.

The 20-storey project soars above the Voco Hotel and offers one, two and three-bedroom apartments, premium hotel services, and a range of recreational amenities.

These include a gym, bike hire, car share, room service, maid service, restaurant, bar, car charging station, conference rooms, 24/7 concierge services, and 2,293 sqm of coworking space.

Apartment interiors combine artful design with luxury finishes, including oversized floor-to-ceiling windows, V-Zug appliances, statement bathrooms and considered floorplans.

Project name: <a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a> 
Developer: World Class Global 
Priced from: $480,000 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=582 project_image_fid=182857]

Australia 108 is one of the most impressive projects to grace the Melbourne skyline. The tallest residential tower in the southern hemisphere, the completed&nbsp;Australia 108 has some of the highest amenities ever offered to buyers.

The 70th floor Star Club, located in the iconic, protruding gold starburst around 300 metres from the street, is where residents will have access to 2,800 sqm of amenity, including a heated&nbsp;infinity pool, a gym with yoga studio, sauna, spa and steam room, private movie theatre, and an outdoor barbecue entertaining space.&nbsp;

There's further amenity on level 11, with the Sky Rise Club hosting a second pool, gym, a virtual golf simulator, a private movie theatre, and a private&nbsp;dining room.

[smartcode_project:default project_id=582 project_image_fid=182879]

“World Class Global’s commitment to beautiful design and glorious amenity will make Australia 108 one of Australia’s most envied addresses”, World Class Global CEO David Ng said.

Australia 108 has been designed by one of Australia's most renowned architecture practices, Fender Katsalidis, with interiors by the equally well-known Carr Design.

<h2><a href="/new-apartments/west-melbourne-vic-3003">West Melbourne</a></h2>

Project name: <a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne">Parkhill Apartments</a> 
Developer: Central Equity 
Priced from: $489,000 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=27406 project_image_fid=68150]

The well-connected Parkhill Apartments offers stylish residences on the fringe of the Melbourne CBD, located only metres from the tranquil Flagstaff Gardens and other amenities.

Delivered by Central Equity, the project benefits from bright apartments with up to 2.7-metre-high ceilings, spacious balconies and seven-day concierge service.

One and two-bedroom apartments remain in the tower, which offers residents a rooftop gym, rooftop garden and seven-day concierge.

<h2><a href="/new-apartments/melbourne-vic?bedroom-prices2=1000000&amp;any-bedrooms=1&amp;bedrooms%5Bvalue%5D=1&amp;bedrooms%5Bvalue2%5D=5&amp;any-bathrooms=1&amp;bathrooms%5Bvalue%5D=1&amp;bathrooms%5Bvalue2%5D=3&amp;any-parking=1&amp;parking%5Bvalue%5D=1&amp;parking%5Bvalue2%5D=4">Melbourne</a></h2>

Project name: Queens Place 
Developer: 3L Alliance 
Priced from: $439,600 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=2806 project_image_fid=175417]

The $1 billion twin-tower development, Queens Place, rises 70 stories as one of the Melbourne CBD's largest residential developments.

Developed by 3L Alliance and designed by Fender Katsalidis and Hecker Guthrie, Queens Place is another Melbourne project focused around putting everything in one place.

The Queen Street development has a five-level podium with a range of offerings&nbsp;such as a medical clinic, childcare facilities and professional suites.

Queens Place goes further than hotel-style amenity. While still offering a swimming pool and spa, the project also gives residents exclusive access to private dining rooms with a caterer’s kitchen, a games room, private cinema, library, poker room, karaoke suite, and even a cigar bar.

<h2><a href="/new-apartments/kensington-vic-3031">Kensington</a></h2>

Project name: <a href="/buildings/38-albermarle-st-393-macaulay-road-kensington">393 Macaulay Road</a> 
Developer: Assemble 
Priced from: $580,000 
Stamp duty:&nbsp;Save 50% stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=8415 project_image_fid=81542]

The Kensington apartment development 393 Macauley Road, created by the affordability conscious developer Assemble, offers one of the largest one-bedroom square metre sizes on the market.

There are 73 one, two and three-bedroom apartments over eight levels, with the one-bedroom apartments starting from 65 sqm of internal space.

Under their Assemble Futures model, the development bridges the gap between renting and owning your home, allowing residents to lease their apartment while they save to buy.

Designed by Fieldwork, the project will restore and retain the façade of the Harry A. Norris designed heritage building, picking up cues from the art deco design in interior communal spaces.

*Conditions apply - for more information <a href="https://www.sro.vic.gov.au/land-transfer-duty-concession-or-exemption-city-melbourne-residential-property-transactions">click here</a>.

A 50% concession on stamp duty is available for new properties worth up to $1 million, for contracts entered into before June 30 2022

The top eight apartments in the City of Melbourne offering full or 50% stamp duty savings

Having won the tender to develop The Village Centre at South Spit, on the Gold Coast's tightly held Seaworld Drive&nbsp;earlier in the year, local property&nbsp;developer Gordon Corp has submitted its application&nbsp;for the high-end mixed-use apartment development.

The Village Centre, at 503&nbsp;Seaworld Drive, will home just 30 apartments, known as the Mantaray Residences, as well as a food and drink outlet, retail spaces, and a 64-berth marina

Rothelowman has designed the two buildings in the form of a U-shape, which will home a mix of&nbsp;eight two-bedroom apartments, 10 three-bedroom apartments and 12 four-bedroom apartments.

<a href="/new-apartments/the-mantaray-marina-residences-503-seaworld-drive-main-beach-queensland-4217">To be the first to find out when the project hits the market, enquire here.</a>

They are centred around the resort-style amenity on the ground level, two lap pool befitting of their location near the Sheraton Mirage hotel.

<img alt="" data-entity-type="" data-entity-uuid="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_spit_gordon_corp.jpg" width="1200" />

But 10 of the apartments also have their own private pools, located on the roof level of the four-storey building. Six will have longer, wet edge pools with a spa, looking out to the marina, as well as full outdoor kitchens, living and dining areas.

The four apartments at the rear of the block, also with the additional living and kitchen spaces, will have a plunge-style pool with spa.

Form Landscape handled the landscaping, with four key pillars behind their design thinking.

<a href="/new-apartments/the-mantaray-marina-residences-503-seaworld-drive-main-beach-queensland-4217">To be the first to find out when the project hits the market, enquire here.</a>

They want&nbsp;to grow a green peninsula, by establishing a sustainable and resilient landscape that draws cues from the endemic vegetation of the region.

They will promote tourism and recreation by creating a vibrant village centre with rich variety of communal spaces, as well as making a cultural connection and integrating people and places for gathering and celebration.

The Village Centre, at 503 Seaworld Drive, will home just 30 apartments, as well as a food and drink outlet, retail spaces, and a 64-berth marina

Exclusive: Gordon Corp file for $93 million The Village Centre, Main Beach redevelopment on Seaworld Drive

A Sydney-based developer is set to create Aspire, a beachfront tower on the Surfers Paradise dress circle Garfield Terrace.

The 24-level development at 9-11 Garfield Terrace, currently home to the 1970s Anglesea Court complex, will offer standard size apartments of nearly 500 sqm, with 37 apartments on offer.

The Sydney architect&nbsp;Mosca Pserras Architects designed Aspire which will be broken down in to 30 three-bedroom apartments, six premium three-bed apartments, and one two-level penthouse.

[smartcode_project:default project_id=111652 project_image_fid=202810]

The communal areas are located on the ground and first level, above four levels of basement parking, and will feature a swimming pool right on the beach, next to a lower lawn terrace which will offer direct access.

The level 24 mezzanine level includes further resident amenity, including a plunge pool with a waterfall, a spa,&nbsp;a barbecue and outdoor dining area, a gym, and a sauna.

[smartcode_project:default project_id=111652 project_image_fid=197880]

The site, which was bought for $19 million in June, is located next door to the apartment building Beaches to the north and Dorchester on the Beach to the south.

Garfield Terrace is set for a wave of new apartments in 2022. The Sydney-based Iris Capital, currently selling their Broadbeach apartment project Victoria &amp; Albert, recently emerged as the buyers of a beachfront site at 71 Garfield Terrace.

[smartcode_project:default project_id=111652 project_image_fid=197885]

The apartment developer KTQ, famous for their Elements of Byron luxury hotel stay and their hugely successful stage one sell-out of their $450 million redevelopment of the Kirra Beach Hotel, are planning to create beachfront apartments across their amalgamated mega-block.

The Melbourne-based developer Central Equity are also planning to launch Pacific One in the coming weeks.

[smartcode_project_cta: project_id=111652]

The site, which was bought for $19 million in June, is located next door to the apartment building Beaches to the north and Dorchester on the Beach to the south

Aspire Gold Coast to offer whole-floor apartments on Surfers Paradise beachfront

The Sunshine Coast developer, Cube Developments, has appointed National Construction Management to start building their luxury Maroochydore apartment development, Nature.

It will be NCM&#39;s third Cube build, following the now complete Curve Birtinya and the currently under construction Picasso apartment development in Mooloolaba.

Nature, located in the small waterfront suburb of Cotton Tree,&nbsp;was originally pinned for 13 opulent residences set over eight-storeys, but has dropped to 12 following a &lsquo;mega apartment&rsquo; amalgamation.

[smartcode_project:default project_id=89721 project_image_fid=172108]

To date, Nature by Cube has sold close to $39 million worth of apartments off-the-plan with all but one snapped up, including the sale of the enormous $7 million penthouse; a record price for the developer&rsquo;s portfolio.

Designed by Cottee Parker, Nature boasts a host&nbsp;resort-style amenities, including a 25-meter lap pool, gym, steam room and spa, yoga lawn, gardens, greenspaces and sun lounging areas - all programmed into a ground floor activity space.

Cube Development&rsquo;s Director Scott Juniper said it was a significant milestone to be starting construction, following the project&rsquo;s DA approval in July and the near sell-out success.

[smartcode_project:default project_id=89721 project_image_fid=172109]

&ldquo;Nature will be home to some of the most luxurious apartments the Sunshine Coast has seen and we believe NCM has the capabilities and track record to deliver on this, including the bespoke nature of these apartments following amalgamations and customisations.&rdquo;

Director at Cottee Parker, Sandra Browne, said the quality of architecture far exceeds what is offered in the surrounding market.

&ldquo;We wanted to deliver a product that stood out amongst the crowd in terms of amenity, as well as being of a higher architectural spec and with an unrivalled, premium aesthetic.

[smartcode_project:default project_id=89721 project_image_fid=172107]

&ldquo;The materiality of the building and the expansiveness of the open&nbsp;glass facade and viewing speaks to a quality of architecture that exceeds what is offered in the surrounding market,&rdquo; she said.

Construction on Nature by Cube is due to commence in the coming weeks and is scheduled to be complete by 2023.

One apartment remains for sale, priced from $3.5 million.

[smartcode_project_cta: project_id=89721]

Construction on Nature by Cube is due to commence in the coming weeks and is scheduled to be complete by 2023.



Cube to start building luxury Cotton Tree, Maroochydore apartment development, Nature

Sydney is approaching a point in the real estate cycle where growth in apartment values is nearly matching the growth in the housing market,&nbsp;CoreLogic&#39;s&nbsp;monthly Hedonic Home Value Index found.

Apartment values rose 0.7 per cent over November, compared to the one per cent gains in houses. For context, across March this year, Sydney houses posted double the growth of apartments, 4.3 per cent in a single month compared to 2.1 per cent for&nbsp;apartments.

Sydney apartment values are now 15.3 per cent up over 2021, just over half of the nearly 30 per cent gains for houses. That&#39;s stretched the median gap between apartments and houses in the harbour capital to $523,000.

Sydney&#39;s median apartment value is now $837,000, compared to $733,000 at the start of 2021.

[smartcode_project:default project_id=7758 project_image_fid=150461]

Although values are continuing to rise across the country, the November result was the softest outcome since January when values rose 0.9 per cent.

Tim Lawless, CoreLogic&rsquo;s research director, says the slowdown in the pace of growth is due to a number of reasons.

&ldquo;Virtually every factor that has driven housing values higher has lost some potency over recent months,&quot; Lawless noted.

&quot;Fixed mortgage rates are rising, higher listings are taking some urgency away from buyers, affordability has become a more substantial barrier to entry and credit is less available.

&ldquo;With such a large value gap between the broad housing types, it&rsquo;s no wonder we are seeing demand gradually transition towards higher density housing options simply because they are substantially more affordable than buying a h​ouse.&quot;

Sydney's median apartment value is now $837,000, compared to $733,000 at the start of 2021

Sydney apartment insights: What happened to Sydney apartment values in November?

Melbourne apartments values continued to show their resilience&nbsp;over 2021, with a further 0.5 per cent growth in November, CoreLogic&#39;s&nbsp;monthly Hedonic Home Value Index found.

Melbourne&#39;s rolling quarterly gains are now at 1.7 per cent,&nbsp;following a one per cent gain over October and 0.2 per cent growth over September.

The median apartment value across Melbourne is now 8.4 per cent higher than it was at the start of 2021, up from $576,000 to $626,000

[smartcode_project:default project_id=2806 project_image_fid=175417]

Based on median values, capital city houses are now 37.9 per cent&nbsp;more expensive than capital city units &ndash; the largest difference on record. In dollar value terms, a capital city house is averaging around $240,500 more than a capital city unit.

In Sydney, where the gap between house and unit values is the widest, a house costs $523,000 more on average than a unit. Melbourne&#39;s gap is around $360,000.

Although values are continuing to rise, the November result was the softest outcome since January when values rose 0.9 per cent.

[smartcode_project:default project_id=2929 project_image_fid=137895]

Tim Lawless, CoreLogic&rsquo;s research director, says the slowdown in the pace of growth is due to a number of reasons.

&ldquo;Virtually every factor that has driven housing values higher has lost some potency over recent months. Fixed mortgage rates are rising, higher listings are taking some urgency away from buyers, affordability has become a more substantial barrier to entry and credit is less available,&quot; Lawless noted.

&ldquo;With such a large value gap between the broad housing types, it&rsquo;s no wonder we are seeing demand gradually transition towards higher density housing options simply because they are substantially more affordable than buying a house.&quot;

[smartcode_project:default project_id=108979 project_image_fid=181109]

Apartment rents in Melbourne continue to rise at a faster pace than house rents over the past four or five months, one of the few capital city&#39;s to be doing so, as investors become more and more inclined to get back in to the inner-city market.

&ldquo;Melbourne&rsquo;s unit sector was previously recording the weakest rental conditions of any capital city, with rents plunging -8.5% between March 2020 and May 2021,&quot; Lawless said.

&quot;It seems that more tenants are taking advantage of the renewed affordability of unit rentals, especially across inner city precincts where rents had previously fallen sharply.&quot;

In Sydney, where the gap between house and unit values is the widest, a house costs $523,000 more on average than a unit. Melbourne's gap is around $360,000.

Melbourne apartment insights: What happened to Melbourne apartment values in November?

The Gold Coast is running out of apartments.

That's the data pulled by&nbsp;property consultancy firm Urbis, who say there is just over two months of stock left on the Gold Coast,&nbsp;if there were to be no new project released and current demand continued.

Local agents are reporting there is just not enough high-end stock to meet the demand for local and interstate buyers wanting to spend more on their holiday home, in the wake of the COVID-19 pandemic.

They are expecting a wave of buyers to be flying up from Sydney and Melbourne when the borders open, and are expecting little slowdown heading in to January

Urban has wrapped up the top apartments across the Gold Coast at the high-end price point.

Aperture, Broadbeach

Three-bedroom full-floor apartments from $2.1&nbsp;million

[smartcode_project:default project_id=108327 project_image_fid=181283]

The hotly anticipated Aperture, which will be one of the most high-end apartment developments&nbsp;in Broadbeach when completed in mid-2023, will have just 29 apartments across its 35 levels.

There will be 26 full-floor apartments, each spanning over 200 sqm of internal and external space. Each will comprise three bedrooms, three bathrooms, and three parking spaces.

Following on from their successful first tower in Broadbeach, Signature, which sold out earlier this year, the Melbourne-based&nbsp;Little Projects&nbsp;took a different approach to&nbsp;Aperture, which refers to the opening of a lens's diaphragm through which light passes.

[smartcode_project:default project_id=108327 project_image_fid=181286]

The AU, Surfers Paradise

Three-bedroom full-floor apartments from $3.45 million

[smartcode_project:default project_id=6762 project_image_fid=184704]

The AU, a collection of just 12 exclusive full-floor oceanview sky homes and two opulent three-level penthouses, has just launched on the sought-after Esplanade in Surfers Paradise.

Archidiom put the plans together for the 19-storey tower, with a facade made almost entirely of golden glass.&nbsp; It allows each apartment to have clear panoramic views of the Surfers Paradise beach.

The developer, ASF Group, enlisted the expertise of the Sydney-based interior design legend Greg Natale to craft the interiors, something no other Gold Coast apartment development can boast.

The&nbsp;apartments will have the finest finishes, with natural stone bench tops, and gold fixtures and finishes throughout.

[smartcode_project:default project_id=6762 project_image_fid=184123]

Chevron One, Chevron Island

Four-bedroom sky homes from $3,325,000

[smartcode_project:default project_id=6515 project_image_fid=167319]

Chevron One, set to reign as&nbsp;Chevron Island's only luxury high-rise apartment tower, recently released its Sky Home collection, starting from level 31 in the sought-after apartment development.

The Melbourne-based&nbsp;Bensons&nbsp;Property Group held off releasing the apartments publicly, but given the huge demand in ultra-luxury, large apartments in the sky, they decided to list them on the open market.

When complete,&nbsp;Chevron One&nbsp;will be the tallest tower on the exclusive island, and the tallest there ever will be, with the Gold Coast City Council two years ago bringing in strict planning laws, limiting future apartment projects to 33 metres, or 12 storeys.

There's a number of three and four-bedroom Sky Homes, some spanning half and full-floors. Four-bedroom apartments, with over 236 sqm of living space, are priced from $3,325,000.

[smartcode_project:default project_id=6515 project_image_fid=174033]

Emerson, Kirra Beach

Three-bedroom full-floor apartments from $2.95 million

[smartcode_project:default project_id=106646 project_image_fid=184785]

Emerson, set on the dress circle Musgrave Street in Kirra Beach, Coolangatta, will home just 27 apartments when it is completed in late October.

There are only six apartments left to sell in the $85 million, 13-level development by the Melbourne-based developer Hirsch &amp; Faigen, who sold out The Hemingway at Palm Beach earlier this year. They're soon to launch their third Gold Coast project, Yves at Mermaid Beach.

Crowning Emerson, which will begin construction through Hutchies in February, will be an&nbsp;$8 million penthouse, which is yet to be snapped up.

[smartcode_project:default project_id=106646 project_image_fid=184789]

123OBR, Broadbeach

Three-bedroom full-floor apartments from $2.65 million

[smartcode_project:default project_id=31666 project_image_fid=184148]

The Brisbane-based developer Bottega Group are marketing their $52 million Broadbeach apartment block, 123OBR,&nbsp;described as&nbsp;vertically stacked verdant Queensland beach houses.

Named after its location of 123 Old Burleigh Road, one row back from Broadbeach, and designed by&nbsp;Woods Bagot, 123OBR will have 14 whole-floor&nbsp;apartments,&nbsp;as well as&nbsp;a whole floor resort deck half way up the tower.

Priced from $2.65&nbsp;million, a typical whole-floor apartment at 123OBR will offer 224 sqm of living space with three bedrooms with walk-in wardrobes, two bathrooms and an open plan living and dining areas which have views through the floor-to-ceiling glass windows.

[smartcode_project:default project_id=31666 project_image_fid=184193]

La Mer

Three-bedroom full-floor apartments from $3,245,000

[smartcode_project:default project_id=95606 project_image_fid=171653]

Residents of the new luxury Main Beach apartment development, La Mer, will have the ultimate Gold Coast lifestyle on their doorstep when the whole-floor apartments are finished in late 2023.

Across the road from the beach on&nbsp;Main Beach Parade, La Mer comprises just 29&nbsp;apartments across its 34 levels, with only a handful of apartments remaining.

Just whole-floor apartments, starting from 307 sqm, La Mer is pitching itself as the ultimate downsizer development. "Transitioning from a house to an apartment has never been easier," NPA Projects, who are marketing the development, suggest.

Communal recreational facilities also sprawl across an entire floor, a blend of physical wellbeing and entertainment facilities. There's a 13-metre pool, which is cleverly designed to be private, while also being open plan to&nbsp;take advantage of the consistent Gold Coast climate and the views to the beach.

[smartcode_project:default project_id=95606 project_image_fid=171648]

Local agents are reporting there is just not enough high-end stock to meet the demand for local and interstate buyers wanting to spend more on their holiday home, in the wake of the COVID-19 pandemic

The best luxury Gold Coast apartments on the market for over $2 million

<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

[smartcode_project:default project_id=140747 project_image_fid=367540]

The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

[smartcode_project:default project_id=140747 project_image_fid=367529]

Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<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;

Joel Robinson

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