Pent up demand in Sydney has been released at Paramount on Parkes in Parramatta, one of the first apartment buildings to launch sales since Sydney came out of its prolonged lockdown.

The launch of sales at Paramount on Parkes, the 39-level tower&nbsp;to be developed by the well respected and local developer ALAND, saw 25 sales secured over the weekend, with a further 60 appointment scheduled.

ALAND released the first 135 apartments of the 294-apartment tower, designed by Sketch Design Group and Stanisic Architects, which were&nbsp;a hit with investors and owner-occupiers.

They were drawn to Paramount's prime location on the fringe of Parramatta, a stones throw from Parramatta train station&nbsp;and minutes from riverside parks, shopping precincts and a number of fine dining restaurants, bars, and cafes.

The spacious floorplans were also a tick for buyers, as well as the state of the art amenities which will include a resort-style pool on the podium level, a 300 sqm rooftop terrace with barbecue area, lush landscaped gardens with local Western Sydney flora, and resident-only children’s play areas.

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Buyers so far have been predominantly young couples&nbsp;and young families in their early and mid 30's, moving to the area from within a 10 kilometre radius of Parramatta.

The first stage will see 10 one-bedroom apartments up for grabs&nbsp;from $573,000,&nbsp;115&nbsp;two-bedroom apartments starting at&nbsp;$767,000, and 10&nbsp;three-bedroom apartments starting at&nbsp;$1.083 million.

ALAND Sales Director, Mark Bernberg, said purchasers are keen to see new supply become available that also represents great value for money.

"Paramount on Parkes has created a lot of buzz among buyers who‘ve spent their lockdown period reassessing what qualities they’re seeking in a home," Bernberg said.

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"Given the excellent lifestyle amenities of this flagship development and its very convenient location, it offers an extraordinary move for homeowners and investors alike."

Each apartment is designed to maximise light and space with floor-to-ceiling windows framing panoramic district views and covered balconies.

Finished with neutral colour palettes so buyers can add their own personal touch, the apartments also have ducted air-conditioning, Fisher &amp; Paykel appliances, Grohe tapware and marble surfaces.

Some apartments come with the option of convenient study nooks and additional storage.

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Head of Development for ALAND, Ryan Lane, said the premium Western Sydney development had been a passion project for the family-run business, which is also the major sponsor of the NRL’s Parramatta Eels.

“With the ALAND name proudly emblazoned on the jerseys of the local team every weekend, we feel that we’ve earned our place as part of the fabric that makes up Parramatta. The launch of Paramount on Parkes now further cements that position,” Lane said.

Lane added that with Parramatta taking pride of place as Sydney’s second CBD, the dynamic destination has become a highly desirable location for both owner occupiers and investors.

“As the geographical heart of Sydney, Parramatta offers its residents a wealth of cultural, educational and employment opportunities. And with the second airport at Badgerys Creek underway, as well as easy access to other transport links, it will soon offer locals even more convenient travel connections,” Lane added.

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Paramount on Parkes is an approximate 10-minute walk to riverfront reserves or the Parramatta Wharf and is a short stroll from the soon-to-be-completed Parramatta Square employment hub and Civic Centre.

There are a number of local attractions, including&nbsp;Eat Street, Riverside Theatre, the Powerhouse Precinct, walking tracks, cycleways and the 85ha of green space at Parramatta Park.&nbsp;Westfield Parramatta is 600m from the doorstep.

In addition to a number of in-demand public and private schools in the vicinity, Parramatta is also home to campuses for the University of Western Sydney and University of Sydney.

ALAND released the first 135 apartments of the 294-apartment tower, designed by Sketch Design Group and Stanisic Architects, on the weekend



Joel Robinson

Sales surge at launch weekend of Parramatta apartments Paramount on Parkes

The Sydney-based developer Image Property Developments has been given the green light to push&nbsp;ahead with stage one of their $85 million gateway development in the popular suburb of Dural, in Sydney&#39;s Hills District.

The Hills Shire Council granted a &#39;deferred development consent&rsquo; for the first stage of Skyline Dural, a gateway development at 488 Old Northern Road Dural, Round Corner.

Skyline Dural will see a number of apartments and townhouses developed in the second and third stages, a rarity for the suburb which is littered with sprawling mansions on acreages. The second and third stages are yet to be lodged to the local council.

The first stage will see a two-storey retail and commercial building developed, with views to the Blue Mountains, as well as a public plaza.

The building will include a supermarket and retail outlets including specialty stores and restaurants, giving buyers in the latter stages already established amenity on their doorstep.

The frontage to Old Northern Road will see large road improvement, with two lanes each way, a new bus layback, new traffic lights, and dedicated turn lanes.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/skyline_dural_2.jpg" width="1200" />

Part of AUS&nbsp;Group, Image Property Developments&nbsp;are currently developing The Bond in Norwest, in partnership with Mulpha, which is set for completion in 2022.

Chris Paunescu, of CHRISP Consulting, who is project managing the design on behalf of Image Property Developments said the apartments and townhouses will offer quality lifestyle options that are much needed in the area.

&ldquo;The tri level designer townhomes (with optional elevators), spacious apartments with rooftop terraces and exclusive restaurants extending the public plaza are part of stages two and three,&quot;&nbsp;Paunescu said.

&ldquo;The investment in improving transport infrastructure at the southern entry to Dural village, particularly with the intersection, will improve traffic flow significantly.&rdquo;

&ldquo;Image Property Developments are locals to the area and are committed to creating a vibrant lifestyle hub for Round Corner Dural, with quality shopping, hospitality and commercial facilities, providing a place to live, meet, dine, and shop all with unobstructed views to the Blue Mountains.&quot;

Chris Paunescu of CHRISP Consulting said the apartments and townhouses will offer quality lifestyle options that are much needed in the area

Rare off the plan apartments and townhouses set for $85 million Dural mixed-use development

Palm Beach, one of the hottest apartment markets across the whole of the country, is set for something a little different.

Kingbella Group, led by Joel and Laura Percey, alongside STEER Developments, founded by Rob Steer, are set to launch a boutique collection of four villas, a stone&#39;s throw from the beach.

The luxury villas at 192 Cypress Terrace have been designed by C2 Architecture with the Mediterranean lifestyle and palette at its heart.

&quot;Callista came from bouncing around ideas on a mood board, trying to produce a townhouse with a feel as if you&#39;re on holiday in Europe&quot;, Laura Percey says.

Percey says they are trying to take the next step of luxury in the suburb, with the three-level homes rich in artisan detail and featuring an entertainer-style kitchen with oversized stone island bench and Miele appliances throughout.

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Each townhouse will have four bedrooms and three bathrooms across the three levels.

&quot;Palm Beach has really transformed, from cute shacks and beach houses to a next level of luxury that everyone locally, as well as interstate, now wants to buy in to.

&quot;There&#39;s new blood in the area, and with that comes the more modern beach house. We want to deliver beach houses that will remain for years to come.&quot;

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\There has been an intentional effort in the design so the villas would suit a number of different buyers.

&quot;We could see the owner-occupier professional enquire, with the use of the downstairs bedroom as a home office, or the downsizer in their 50&#39;s using the functional space&quot;, Percey said, adding that young families would be attracted to the four bedrooms, and fly-in, fly-out buyers from the eastern seaboard capital cities would show interest given the heightened level of lock-up-and-leave luxury on offer.

STEER founder, Rob Steer said with interstate migration on the rise, there&#39;s plenty of purchasers are prepared to pay for high end stock.

&ldquo;Gold Coast has emerged as one of the best performing real estate markets over the past year, recording double digit price growth for both houses and units,&quot; Steer said.

&quot;We&#39;re seeing an awful lot of movement from interstate, whether it&#39;s for holiday home purposes or those keen on spending more than half of the year on the Gold Coast.&quot;

With double digit growth seen in Q1 2020 to Q1 2021, Steer says the developer duo are actively looking for new acquisition opportunities in both residential and commercial sites.

CBRE are handling the marketing of Callista, with prices starting from $1.75 million.

Kingbella and Steer are set to crate another small collection of luxury townhouses in Tugun, and have also just lodged plans, along with the Brisbane-based Capdev, for over 90 apartments in the in demand Rainbow Bay area.

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Each townhouse will have four bedrooms and three bathrooms across the three levels

Callista, the most luxurious villas to hit Palm Beach, set for launch

Buyers are set to get another opportunity to secure an apartment in the tightly held, and incredibly highly sought-after, Rainbow Bay.

Kingbella Group, led by Joel and Laura Percey, and&nbsp;Steer Developments, ran by Robert Steer, are teaming up again for the project, having been working in partnership for a number of years.

They&#39;ve also got&nbsp;Oliver Bagheri, Jon Quayle at Chapter Two on board for Eden Ave, proposing&nbsp;a 12-level development on the dress circle Eden Avenue, which will home 91 apartments and three townhouses.

Plus A​rchitecture​ has drawn up the plans for the Eden Avenue development, describing the tower as &quot;beachside luxe living&quot;.

It will sit across four amalgamated lots totalling 1,924 sqm between 44 and 50 Eden Avenue.

<img alt="" height="901" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_2.jpg" width="1200" />

There will be 70 two-bedroom apartments, varying in sizes and aspects,&nbsp;with each having either a&nbsp;multi-purpose room or study.&nbsp;

To keep up to date with the development and its launch, enquire here

The 24 three-bedroom apartments are located on levels nine and up.&nbsp;A unique feature of the design are the proposed two-storey &ldquo;beach houses&rsquo; that fringe the building on the ground plane.&nbsp;

The residences boast their own private street access and provide owners with all the creature comforts of a modern day beach house but with the benefit of access to resort style facilities.

The development will be&nbsp;crowned by a rooftop amenity level featuring an infinity edge pool, sun beds, adjoining spa, a wet deck, garden day beds and barbecue booths.

<img alt="" height="724" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_3.jpg" width="1200" />

An emphasis on health and wellness is apparent with a gym, sauna and steam room proposed, as well as a rare inclusion for apartment projects, an open air ice bath.

The team discussed the popular working from home trend and believe that many new apartment buildings don&rsquo;t provide the necessary space and amenity for residents.&nbsp;

In doing so, the developer revealed their plan to deliver a designated professional work space on the rooftop with six private work from home offices, or &ldquo;zoom rooms&rdquo; as many are now calling them, as well as a function room and boardroom with private outdoor dining space.

<blockquote>
&quot;Bringing a natural elegance to the barefoot beach house&quot;

Plus A​rchitecture​
</blockquote>

The development is expected to launch around Easter 2022.

To keep up to date with the development and its launch, enquire here

There&#39;s expected to be huge interest given the location, which has seen unprecedented demand in the last 12 months.

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Miles Residences kicked off the boom back in Christmas last year, when the first stage of the wider $380 million KTQ Group redevelopment of the Kirra Beach Hotel, secured a sell-out after thousands of enquiries flooded in from all over the country.

Rockpool at Rainbow Bay, the luxury apartment project of the architect-turned developer Joe Adsett, sold out before even launching. That&#39;s located just in front of Eden Ave.

There&#39;s the nearly sold-out Esprit, by S&amp;S Projects on Boundary Street, with its own luxury wellness rooftop.&nbsp;

Currently selling are the luxury developments The Emerson, by developer&nbsp;Hirsch &amp; Faigen, which has just 22 apartments, and SUR Kirra Beach, from the local Cru Collective, which has just 10 apartments, starting from $4 million.

Plus A​rchitecture​ has drawn up the plans for the Eden Avenue development, describing the tower as "beachside luxe living".

"Beachside luxe living" set for Rainbow Bay as new apartment tower proposed

South Yarra&rsquo;s once hidden industrial area, known as the For​rest Hill Precinct, has undergone a complete transformation into a microcosm of a&nbsp;cosmopolitan city.

While a City of Stonni​ngton Council masterplan only came into effect in 2008, development was in the works as early as 2005/2006. In 2005, just over 100 homes adorned the streets between the South Yarr​a railway station and Chap​el Street, with a local council report forecasting an extra 350 homes by 2015.

That was until 2008 when the precinct - strategically important in the context of the Melbourne 2030 Plan - was designated as a key area within the surrounding City of Ston​nington for higher density housing, mixed use and intensive built form.&nbsp;

The masterplan for the precinct&rsquo;s street level development included&nbsp;the widening of footpaths and new paving materials, vibrant colours and patterns, landscaping treatments, the development of east/west pedestrian links, pedestrian priority, under grounding of power lines and installation of public art.

The former industrial area, bounded by Toorak Road, Ch​apel Str​eet, Alexandra Avenue and Yarra Street, is now not only a high-density residential area with retail offerings, it has been directly connected to&nbsp;Chapel Str​eet,&nbsp;Yarra Street and the station.

Developer EcoWorld took advantage of the burgeoning area, and created their $250 million apartment tower, Yarra One.

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To fit in with the cool-vibe of Chapel Street, architect Fender Katsa​lidis created a luxury atrium entry from&nbsp;Claremont Street, reminiscent of the bustling laneways that Melbourne is famous for.

Residents also get access to Yarra One&#39;s exclusive resident only app Lifestyle One,&nbsp;an all-round app which allows residents to do everything from making&nbsp;massage appointments to hiring a butler.

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In partnership with Scarisbrick International, a Singapore-based company that developed a new concept in luxury retirement living, the&nbsp;monthly subscription-style service fee, brings a different level of service to residents of all ages,&nbsp;Yarra One&nbsp;General Manager Jeffrey Ong says.

&ldquo;By offering our residents 6-star services 24 hours a day, we aim to further amplify the&nbsp;Yarra One&nbsp;living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents,&quot; Ong says.

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&ldquo;People often associate apartment living with a compromised lifestyle, but our vision is to provide residents both convenience and lifestyle under one roof.

&ldquo;EcoWorld&nbsp;is excited to be one of the first developers to bring apartment residents a premium resort lifestyle in Australia and hopes to explore similar initiatives for future projects.&rdquo;

[smartcode_project_cta: project_id=3127]

Developer EcoWorld took advantage of the burgeoning area, and created their $250 million apartment tower, Yarra One

How Yarra One apartments fit in to South Yarra's Forrest Hill Precinct

Last year EcoWorld completed their second&nbsp;Australian apartment development, Yarra One, offering&nbsp;a high end point of difference in Melbourne's South Yarra.

There are a limited selection of one, two and three-bedroom apartments still for sale in the Claremont Street development, which was designed&nbsp;by the award-winning Fender Katsalidis team.

They took inspiration for the tower from the surrounding areas,&nbsp;focusing&nbsp;on pure geometry throughout their design.

There was a higher level of finish at Yarra One compared with other high-rise towers, from&nbsp;the fine grain of the chevron timber floors to the custom-designed pendant lights.

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Orientated to take in the maximum possible views through the floor-to-ceiling windows, the living spaces of each apartment have been created as open plan as possible, with the kitchen, dining and living spaces&nbsp;ordered to take in the views.

Some apartments feature a butler's pantry, island benches, and premium Miele appliances

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The amenity has been designed as an extension of the apartments, with soaring double-height ceilings across&nbsp;a resident dining room, library and wine cellar.

Residents also have exclusive access to a wellness precinct that homes&nbsp;a gym, outdoor spa, dance studio and yoga room.

Luxuries continue down to the car parking, with Yarra One offering a Tesla car-share service, and pet wash facilities.

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Fender Katsalidis wanted to create a striking entry from Claremont Street. The atrium design is&nbsp;reminiscent of&nbsp;the bustling&nbsp;laneways that Melbourne is famous for.

“The timber look trellis enclosing the atrium is a signature feature that acts to create a sense of retreat and allows light to filter within the space throughout the day resulting in an ever-changing environment,”&nbsp;Fender Katsalidis&nbsp;Director Nicky Drobis said.

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EcoWorld recently&nbsp;has launched Lifestyle One, a 24/7&nbsp;all-round app which allows residents to do everything from making massage appointments to hiring a butler.

Apartments at YarraOne start from $455,000.

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Fender Katsalidis took inspiration for the tower from the surrounding areas, focusing on pure geometry throughout their design.



Inside EcoWorld's Yarra One, South Yarra apartment development

Sales in Voyager, the apartment tower in Mirvac&#39;s Yarra&#39;s Edge precinct in Melbourne, have taken off in 2021.

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 General Manager for Residential Victoria, Elysa Anderson, said buyers were drawn to the luxury apartments, exceptional amenity and beautiful waterfront living Yarra&rsquo;s Edge has to offer.

&quot;Downsizers from regional and interstate locations are looking for a base closer to their families, while experienced local apartment dwellers are seizing the opportunity to upgrade their home and lifestyle at an inner-city location,&rdquo;&nbsp;Anderson said.

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The 130-metre Voyager tower features interiors and architecture by the award-winning Mirvac Design team, including a striking bronzed curved fa&ccedil;ade that reflects the changing lights of the sun as it moves on its daily journey, creating a gateway to Melbourne from the Bolte Bridge.

Comprising 310 apartments including artist and home-office apartments, luxury residences and Sky Residences, Voyager currently has a limited number of one, two&nbsp;and three-bedroom residences available, starting from $601,500.

Voyager residents have access to an inspiring art gallery in the striking lobby, along with an exclusive residents-only rooftop space on level 43, the first of its kind in the precinct.

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The rooftop includes three distinct zones &ndash; a social barbecue area with indoor and outdoor dining, a lawn for contemplative practice such as yoga, and an open-air lounge with fire pit for relaxing and socialising. It also features a bar, theatre, and karaoke room.

&ldquo;Mirvac&rsquo;s unique end-to-end in-house capabilities have allowed us to effectively navigate the challenges associated with the COVID-19 construction restrictions to complete this next chapter in the development of Yarra&rsquo;s Edge on schedule,&quot; Anderson noted.

&quot;Our customer-first approach enabled us to remain flexible, with a number of purchasers choosing to amalgamate apartments to form larger residences, and we are pleased to be welcoming the first residents into this incredible precinct with some requesting to settle early.&rdquo;

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Voyager is walking distance to state-of-the-art health and fitness facilities available at the nearby Wharf Club, which boasts a pool, spa, steam room, gym, fitness facilities and caf&eacute;, all housed underneath and grass roof that flows into Wharf&rsquo;s Landing Park &ndash; a 1,500 sqm&nbsp;green open space.

A 1,000 sqm retail hub is also proposed for the precinct, which is anticipated to service both the local community and the broader Fishermans Bend and Docklands catchment area.

Over 3000 residents already call Yarra&#39;s Edge home.

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The 130-metre Voyager tower features interiors and architecture by the award-winning Mirvac Design team

Demand spikes in 2021 for Mirvac's  recently completed Yarra's Edge apartment tower, Voyager, now 82% sold

The Palm Beach apartments market is showing no signs of slowing down.

Within the first month of its marketing, the Villea apartment development by the Sydney-based Abadeen Group, has locked away buyers for half of the apartments in the Mawarra Street block of 69.

CBRE&#39;s Director of Residential Projects,&nbsp;Nicholas Clydsdale, says there&#39;s been a real mix of buyers in the development, Abadeen&#39;s first outside of Sydney.

&ldquo;Apartments under $750,000 have had a strong uptake from first home buyers, while units over $850,000 have been snapped up from owner occupiers who love the protected Northern views to Burleigh Headland,&rdquo; Clydsdale said.

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&ldquo;I think the rapid sales success we&rsquo;ve had stems from the considerable value buyers recognise in Villea, with a high-end design and central positioning that offers an extremely reasonable entry point into the Palm Beach market without having to compromise on quality.&rdquo;

Just 32 two and three-bedroom apartments now remain in the eight-level, BDA Architecture-designed building, which are priced from $675,000.

&ldquo;Given the rate with which the first apartments vanished from the market, we expect the final allocation will be completely sold out within the coming weeks,&rdquo;&nbsp;Clydsdale suggested.

Villea sits ideally off the Gold Coast Highway, just&nbsp;400 metres from the Palm Beach shoreline and 800 metres from the popular swimming spot Tallebudgera Creek. Villea will have picturesque views across the coastline, Burleigh Headland and the hinterland.

[smartcode_project:default project_id=106840 project_image_fid=172249]

Residents of&nbsp;Villea will have access to a resort-style pool, fully equipped gym, recreational BBQ area and boutique retail strip on the street-level.

&ldquo;65% of purchases so far have come from Queensland locals, but a considerable 35% of buyers are Sydney residents, which is a rather impressive testament to Abadeen&rsquo;s reputation which has pursued them into the Gold Coast marketplace,&rdquo;&nbsp;Clydsdale added.

&ldquo;I think whether you&rsquo;re familiar with the Gold Coast or not, there&rsquo;s no denying Palm Beach is the precinct with it all, and Villea is sat right at its core.&rdquo;

Abadeen is an experienced developer that has completed more than $1.3 billion in residential and commercial projects over the past 20 years, predominantly in NSW.

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Just 32 two and three-bedroom apartments now remain in the eight-level, BDA Architecture-designed building, which are priced from $675,000

Villea, Palm Beach apartment development, secures 50% of sales in first month

Mirvac&#39;s ninth tower, in its award-winning Yarra&#39;s Edge community in Melbourne, is hoping to be more tailored to the owner-occupier.

The ASX-listed national property developer are proposing to reconfigure&nbsp;the apartment layouts to drop the number of apartments. The yet-to-be-named Tower Nine&nbsp;is set to be the tallest apartment building in the precinct.

There will now be one extra level, taking the number of levels to 45. That has brought in an extra three bedroom apartment on that level, after the rooftop plan and equipment space was rationalised.

Mirvac has dropped the number of apartments, from 222 to 191, creating larger apartments to meet the latest&nbsp;Apartment Design Guidelines and market expectations. &nbsp;&nbsp;

&quot;We have generally increased the size of the apartments throughout the building, catering more towards larger apartments for the owner occupier market,&quot; a Mirvac spokesperson told Urban.

There will now be 50 one-beds, taking up 27 per cent of the building, and 80 two-bedroom apartments, which make up the bulk of the building of 44 per cent. Now the three-bedroom plus apartments has 29 per cent of the building.

<img alt="" height="2077" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mirvac_tower_9_yarras_edge.jpg" width="1200" /> 
An artist impression of Tower Nine. Image supplied

Mirvac General Manager for Residential Victoria, Elysa Anderson, says that the tower 9&nbsp;visioning and subsequent planning application follows the success of Voyager, the most recently completed apartment tower in Yarra&#39;s Edge, as well as buildings Phoenix, Folia and FORME at Apartments of Tullamore in Doncaster.

&ldquo;We are seeing continued resilience in the Melbourne property market, with Voyager receiving strong demand from owner occupiers for quality apartments, supported by exceptional amenity,&quot; Anderson said.

&quot;We plan to launch the highly anticipated tower 9 building in the second half of 2022 and expect it will continue to attract purchasers searching for luxury apartments at the premium end of the market.

&ldquo;This spectacular building is planned to rise from the bank of the river creating a new legacy for Yarra&rsquo;s Edge and a new icon on Melbourne&rsquo;s skyline, with its enviable location at the end of the Collins Street axis.

&quot;The building will deliver an experience that fuses the future of luxury living in harmony with lush green tranquil spaces, connecting residents with nature and promoting a sense of health and wellbeing.

&quot;The design and luxury specification of tower 9 will transcend that of any of the award-winning towers that have come before it at Yarra&rsquo;s Edge,&rdquo;&nbsp;Anderson.

Mirvac Head of Residential, Stuart Penklis, says that tower 9 reinforces Mirvac&rsquo;s confidence in the Victorian apartment market as the state looks to ease restrictions further over the coming months.

&ldquo;Mirvac is focused on accelerating our supply of high-quality apartments in Victoria as we anticipate there will be a shortage of owner occupier residences in premium locations in the future,&quot; Penklis said.

&quot;The strength of the established housing market and the opening up of international borders will continue to drive very strong demand for well-designed and quality constructed apartments just like Voyager and tower 9,&rdquo;

Mirvac&#39;s latest tower completion in Yarra&#39;s Edge is Voyager, the 130-metre, 43-level tower of 310 apartments.

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Sales at Voyager increase by 20 percent in the first half of 2021 compared to the same time last year, with owner-occupiers accounting for 78 percent of purchasers over that period.

The tower features interiors and architecture by the award-winning Mirvac Design team, including a striking bronzed curved fa&ccedil;ade that reflects the changing lights of the sun as it moves on its daily journey, creating a gateway to Melbourne from the Bolte Bridge.

[smartcode_project_cta: project_id=3494]

The ASX-listed national property developer are proposing to reconfigure the apartment layouts to drop the number of apartments

Mirvac tweak ninth apartment tower design in Melbourne's Yarra's Edge

The property developer Ecoworld International has secured 90 per cent of sales at its $300 million Parramatta apartment development, West Village.

The 40-level, 398-apartment development, designed by Woods Bagot, was slated to bring a new level of luxury to Parramatta by the developer, who have created luxury apartment towers in&nbsp;London.

West Village was their maiden Australian development, which was shortly followed by the recently completed Yarra One in Melbourne's South Yarra.

[smartcode_project:default project_id=5851 project_image_fid=150363]

West Village has&nbsp;been a hit with residents since completion last year, due to its number of onsite amenity.

Most popular has been the virtual golf room, allowing golfers all-round time on the course without having to avoid crowds or call off the day for bad weather.

“Since September last year, I've been playing with my golf group religiously once a week; the sessions really help with our form on the field in terms of skills and range,” keen golfer and West Village resident Franki Cheung said.

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“The golf room has so many course selections with different skill levels and we can enjoy the games in an air-conditioned room with privacy.”

The music room has been popular among residents, no less so&nbsp;professional musician and private music tutor Rebekah House.

“Apartment living doesn't usually allow for hobbies which require large amounts of space so the piano room at West Village was one of the major factors in our decision to purchase within West Village," House said.

Residents also have access to a chef kitchen, residents lounge, rooftop observation deck, and a&nbsp;rooftop garden with barbecue area.

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West Village was EcoWorld's maiden Australian development, which was shortly followed by the recently completed Yarra One in Melbourne's South Yarra.



West Village, Parramatta apartments, secure 90% of sales

<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.

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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.

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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.

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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.

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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;

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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.

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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.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

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

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

Joel Robinson

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