Construction has commenced on the&nbsp;industrial Alex Collective apartments, in the heart of Sydney&#39;s inner-city suburb of Alexandria.

It&#39;s being developed by Alexa Development and built by Ceerose, who has just commenced construction on the four striking buildings designed by Andrew Burns.

They will home 163 apartments, taking design influences from the industrial suburb and featuring intricate brickwork, saw-tooth roofs, light wells and sky bridges.

Central to the four buildings which will reach&nbsp;four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group. There will be cabana-styled seating flanked by a magnesium pool.

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Edward Doueihi, Managing Director of Ceerose, says the start of construction is an important milestone for Alex Collective and will add to Ceerose&rsquo;s impressive building portfolio.

&quot;We are delighted to bring this industrial inspired residential development to life. Andrew Burns&rsquo; intuitive design for Alex Collective with pattern brickwork and metallic cladding will further enhance the striking facade. Hundreds of jobs will be created during construction which will help the economy as we move out of lockdown.&rdquo;

The start of construction co-insides with the launch of Alex Collective&rsquo;s third building Cooper, a new collection of apartments and penthouses.

Daniel McMahon, Director of&nbsp;Residential at Colliers, says the market remains strong for high-quality apartments situated on Sydney&rsquo;s city fringe.

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&quot;Stock is very low in the Inner West which has driven sales in Alex Collective. The project has had consistent sales results during the Sydney lockdown.&quot;

Over 70 per cent of the apartments in Cooper have sold since being launched in early September.

&ldquo;The release of Cooper is proof that demand continues for quality product in key Sydney locations,&quot; McMahon adds.

&quot;Alexandria has always been a highly sought-after location with its unique terraces, warehouse style apartments and heritage homes in a historic industrial-aged setting.&quot;

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Over the past 12 months property prices in Alexandria have grown almost 7.05 per cent according to CoreLogic, a trend which McMahon says&nbsp;is expected to continue with significant infrastructure investment in neighbouring suburbs.

There will be&nbsp;expansive views on the upper levels of Cooper, towards the city skyline.

Prices start at $775,000 for a one-bedroom apartments, $1,155,000 for a two-bedroom apartment, and $1.75 million for the three bedders, which offer nearly 120 sqm of space.

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Central to the four buildings which will reach four, seven, and eight storeys, is a garden designed by landscape architecture Site Image Group

Joel Robinson

Construction starts on the industrial-inspired Alexandria apartment development, Alex Collective

Rarely does South Melbourne&nbsp;see such a boutique, high end residential development.

But the Melbourne property developer BEKL&#39;s latest project,&nbsp;Viv&eacute;re on Dorcas, has&nbsp;just 36 apartments in the heart of the inner urban neighbourhood.

And the residences will secure prime views in the 20-level, being located above the 171-room Voco hotel, operated by IHG which will give residents extra amenity, including concierge services and on-demand housekeeping, as well as access to the hotel&#39;s lobby-level bar and restaurant, and well-appointed hotel gym.

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There will also be access to BEKL&#39;s recently launched co-working space, Curago, which will be located in the tower. Curago will also feature a photography studio and a meditation chamber.

The unique triple segment tower has been designed by Plus Architecture&nbsp;to define the three different zones of the tower.

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Jessica Liew, Plus Director and architect, says the fa&ccedil;ade&rsquo;s open spaces and recesses are highly considered insertions that visually separate Voco South Melbourne and Viv&eacute;re Apartments from neighbouring buildings.

&quot;Viv&eacute;re residential apartments are housed within the top segment and look out to the bay, and the hotel rooms below look towards the gardens,&quot; Plus note.

&quot;Separation between the apartments and hotel rooms is expressed in the vertical and horizontal stacking within each segment, displaying an authentic articulation of construction methods.&quot;

There&#39;s a mix of one, two and three-bedroom apartments, starting from $490,000 and rising to $2.35 million.

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Projects by Buxton agents&nbsp;Heath Thompson and Lucia&nbsp;Guselnikov are handling the sales.

BEKL Managing Director Katherine Liu drew on her own experiences, having previously lived above a hotel, informing&nbsp;the seamless function and unique design of the residences and create a lifestyle that illuminates a new way of living.

&ldquo;I had previously lived in an apartment above the Westin and the experience was fantastic,&quot; Liu said.

&quot;I felt very safe and secure knowing there was always someone at the door or lobby to keep an eye on things.

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&ldquo;Having access to housekeeping meant we could ask for on-demand home cleaning services, along with dry cleaning and more. The concierge team made living a breeze, from collecting parcels to providing suggestions for new happenings in Melbourne and it&rsquo;s these comforting details that we are excited to offer to residents.&rdquo;

Construction is expected to commence in Q4 2022, with completion slated for early 2025.

Viv&eacute;re on Dorcas will sit in close proximity to the Botanic Gardens and Melbourne&#39;s art precinct, as well as South Melbourne&#39;s variety of restaurants, cafes and museums.

BEKL Managing Director Katherine Liu drew on her own experiences, having previously lived above a hotel

BEKL launch luxury South Melbourne apartments, Vivére on Dorcas 

The Melbourne-based developer, Accord Property Group, are tweaking the make-up of apartments in their already approved South Brisbane apartment development, Gallery Residences.

Accord, founded by Buildcorp&#39;s Ross Clarke and Scott McVilly, had Cottee Parker go back to the drawing board to their 2016 plans and change the apartment configurations, which was in reaction to the current market expectation for inner-city living.

The recently submitted change application to the Brisbane City Council for 2 Cordelia Street will see the apartments reduced slightly, from 379 to 364, but most importantly a major change in how many one-bedrooms and two-bedrooms will go in the 30-level tower.

Some 56 one-bedroom apartments have been taken off the proposed 209, and 54 more two-bedroom apartments added. Now over half of the building is taken up by two-bedroom apartments.

There will be no more penthouse level, which had planned to have&nbsp;two four-bedroom and two three-bedroom apartments.

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There&#39;s been little change to the built form. Image credit: Cottee Parker Architects

Instead the extensive amenity has been moved up from level four to the 29th level. Now there will be amenity across the top level and the rooftop.

Level 29 will feature a&nbsp;gym with an ice bath, steam, sauna, and treatment rooms, an outdoor sports court, barbecue deck, community garden, lounge, village hall, private dining, cinema room and a co-working space.

Crowning the tower will be a 25 metre lap pool, reminiscent of a holiday resort, as well as a kidis pool and spa, day beds near a fire pit, and more communal seating booths and private terraces with barbecues which can be booked by residents.

Cottee Parker&#39;s design focus for the tower was for a &quot;building&nbsp;that breathes.&quot;

&quot;The design of the building draws on its local context, the colour palette of the materials, the undulating form and the landscape overlay are all responses to the character of the area,&quot; Cottee Parker&#39;s design statement read.

&quot;A bronze glass responds to the Western sunset, this changes to a subtle copper glass that responds to the CBD character.

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It was important to Cot​tee Parker to create a building that breathes. Image credit: Cottee Parker Architects

&quot;The podium façade design drawings on the Brisbane river reference with battens of varying length creating ripple movement along the façade, which illuminate at night.

&quot;The high quality layered façade is a combination of transparent, semi transparent&rsquo; landscape and solid materials that have been specifically selected for their robustness and sustainability.&quot;

Cottee Parker note that a&nbsp;variety of environmental and sustainable design initiatives are being targeted to best address the Brisbane climate and site constraints.

Accord spent $20 million on the 2,309 sqm site in 2015.

Locally, Accord are working on Brisb​ane Towers, which will home 525 apartments and 3,000 sqm of retail in the heart of Fortitude Valley.

Cottee Parker's design focus for the tower was for a "building that breathes."

Accord make Gallery Residences, South Brisbane apartments more conducive to local market 

The trend of lower density, high-rise towers continues to gather pace at the latest Gold Coast apartment tower launch.

GDI Group, headed by long-time Gold Coast developer Dean Gallagher, are soon to launch Drift Residences, a 27-level tower designed by Plus Architecture at 16-18 Hughes Avenue, near the central hub of Tedder Avenue in Main Beach.

There is approval for 44 apartments, but GDI has recently submitted a minor change notice to the Gold Coast City Council to add a further two apartments, and add another three levels to the building to make it 30 storeys.

The three-bedroom, 262 sqm apartments, just two per floor, will run from the second level to level 22.

From there will be the penthouse collection, five four-bedroom apartments spanning the whole floor and offering 531 sqm each.

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

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There will be a single two-level penthouse crowning the tower, which will have 1,109 sqm and have five bedrooms, five bathrooms, and its own private roof terrace with a plunge pool.

Residents shared amenity will focus around the wellbeing centre, which will feature an infinity pool, sauna, steam and massage rooms, a spa, cold therpay pool, health club, yoga room, a lounge with fireplace, and an outdoor barbecue area.

&ldquo;Our vision for Drift Residences has grown from a desire to create a timeless and enduring building that reflects the beauty and prestige of its Main Beach surrounds and will be admired for generations to come,&rdquo; GDI Group managing director Dean Gallagher said.

&ldquo;The planning stage, realised in collaboration with Plus Architecture, has been meticulous.

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

&ldquo;Our focus on prioritising both luxury and wellbeing has seen the emergence of an innovative design that optimises the comfort of its inhabitants.&rdquo;

Gallgher intends to keep one of the apartments for himself.

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&ldquo;Drift Residences will set a new Gold Coast benchmark for intuitive design,&rdquo; he said.

&ldquo;I look forward to personally taking up residence in this remarkable building and seeing it fulfill its promise as the epitome of a Main Beach lifestyle.&rdquo;

Plus has drawn inspiration form the coastal landscape. Danny Juric, director at Plus Architecture, said&nbsp;

&quot;Drift Residences will provide all the convenience you&rsquo;d expect from a home in the suburbs, but with one clear advantage, unprecedented views and prime location,&rdquo; Danny Juric, Director of Plus Architecture, said.

<img alt="" height="598" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/drift_hero.jpg" width="1200" />

<a href="/new-apartments/drift-residences-16-18-hughes-avenue-main-beach">To be the first to be alerted to the sales launch, enquire&nbsp;here.</a>

Deborah Provost, of DP Project Marketing, who will be marketing the apartments, is expecting&nbsp;discerning, lifestyle-seeking downsizers and luxury holiday home buyers.

&ldquo;We believe Drift Residences will set a benchmark for Main Beach that appeals to the luxury downsizer,&rdquo; Provost said.

&ldquo;We believe our market will come predominantly from local and Brisbane downsizers and undoubtedly from interstate markets when the borders re-open.&rdquo;

About the developer

Drift is GDI Group&rsquo;s latest residential venture and follows the success of its $55 million, 100-plus apartment Varsity Waters development at Varsity Lakes.

Established for more than 30 years, the company has developed a diverse and substantial portfolio of projects across all sectors throughout Queensland&rsquo;s southeast corner. Among its current pipeline is a retail/commercial precinct in Toowoomba, where it also has been involved in land subdivision and residential developments.

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The three-bedroom, 262 sqm apartments, just two per floor, will run from the second level to level 22

Drift Residences, Main Beach apartments, set for launch

The $1 billion mixed-use development, AURA by Aqualand, is lined up to be the focal point of the transformation of North Sydney.

AURA, which will comprise a mix of&nbsp;386 luxury residences, retails, dining precinct, and commercial spaces at 168 Walker Street, will give residents&nbsp;gun barrel panoramic views of the&nbsp;Sydney Harbour Bridge, Luna Park, and the Sydney Opera House.

Award-winning architects from Woods Bagot and Richards Stanisch have combined to create the 28-level tower and apartments, which for off the plan buyers will be available in three different colour schemes;&nbsp;dark, mid, or light.

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The highest standard in materials will be used throughout, from toughened fluted glass to premium tiling and marble.

Each apartment will open to a balcony with winter gardens. They have been designed to offer different floorplans and flexible solutions to balance working and living at home.

There will be extensive resident amenity, including a&nbsp;ground level pool and gym, a dining and entertaining area on level nine, and outdoor barbecue facilities, a sun deck, and dining rooms on the top level.

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AURA residents will also benefit from Aqualand's recently launched hospitality arm, Etymon Projects, which incorporates a dedicated concierge service&nbsp;designed to create a 360-degree lifestyle development offering with exceptional service.&nbsp;

Aqualand’s vision is to bring the 5-star hotel experience to its developments by combining traditional concierge services with lifestyle management for the first time.

The new service takes its lead from New York, China, Singapore and Hong Kong luxury apartment living, where applying hotel services and a hospitality ethos to homes isn’t new.

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Etymon Project’s next-level The Club will custom-fit its services to fit individual lifestyles perfectly. Options will include Home Management (grocery put away, coordinating tradespeople, watering plants and vehicle maintenance) and Home Event Planning (dinner parties, children’s birthdays and more).

Etymon Projects will also manage a providore, artisan bakery, casual diner and a contemporary Japanese eatery in&nbsp;AURA’s vibrant culinary precinct, acting as an extension to residents' apartments and a social anchor for the local community.

Buyers only need to look to Aqualand's most recent successful mixed-use precinct at Central Barangaroo, where the developer was in charge of delivering the&nbsp;residential, commercial, and public spaces.

Aqualand, led by founder and managing director, Jin Lin, has also recently completed the $420 million&nbsp;Blue at Lavender Bay, the luxury apartment tower with 130 apartments, as well as The Revy on Darling Island.

[smartcode_project:default project_id=30959 project_image_fid=181068]

"The vision for AURA is simple enough, but ambitiously bold," Lin says.

"We see this as a once-in-a-generation development, shaping the future of North Sydney and modern luxury living in Australia."

Aqualand's head of sales and marketing, Alex Adams, says there are two ways to create a dream home.

"[You can] build an average product and hope that people will love it, or you can design something that's iconic and special, that jusut doesn't compare to anything that has ever existed before", Adams says.

[smartcode_project:default project_id=30959 project_image_fid=181055]

"Aura is the latter, an heirloom we hope our home owners will keep within their families for generations.

The first stage of apartments are set to be released to the market, starting from $995,000. There will be 102 apartments in the release, a mix of one, two and three-bedroom apartments.

AURA is expected to be the centrepiece of the ever evolving North Sydney precinct, which is expected to become Sydney's second CBD hub with the amount of plans and infrastructure in the pipeline.

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The closing of Miller Street to cars and&nbsp;the massive investment in green spaces and entertainment precincts is expected to increase its attractiveness to future residents.

There are 19 key projects currently reincofrcing Miller Street as its civic spine. Plans are underway for over 17,000 sqm of new parks, plazas, and laneway networks. There's also plans for a&nbsp;Warringah Land Bridge will connect North Sydney with the other side of the freeway, and plans to turn the tramway viaduct into a large active recreation space.

The new Sydney Metro Victoria Cross station will sit adjacent to AURA.

Some 80,000 workers are expected in North Sydney by 2036.&nbsp;

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"The vision for AURA is simple enough, but ambitiously bold," Aqualand founder and managing director Jin Lin says.



"A once-in-a-generation development" - Sales set to launch at Aqualand's luxury North Sydney apartment tower, AURA 

The pandemic has forced a shift in the way people want to live, and developers on the Gold Coast are taking note of what buyers want in the modern world.

GV Property Group agent Luke&nbsp;Reaby, who amalgamates future development sites up and down the Gold Coast, says&nbsp;boutique sites for one-per-floor apartments are becoming more desirable by developers.

"It used to be the belief that larger sites equalled higher margins in the minds of developers," Reaby said.

"But now apartment developers are pivoting to the current market conditions, where buyers demand space, exclusivity and high end luxury, and are willing to pay a premium for it given the lack of high-end stock in the market."

Reaby is already fielding high demand for a 690 sqm site at 118 Old Burleigh Road in Broadbeach, which GV has listed for sale.

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'When the downsizer market is this strong, you can see why a developer will choose to develop 10-25 apartments at $2m+ each instead of 90 apartments at $650k' Reaby says.

'It's also giving great design and architecture a chance as it's not as heavily dictated by price point.

'With limited development sites left, developers are seeing value in smaller sites suitable for boutique projects," Reaby said.

Jayde Pezet of KM Sales &amp; Marketing says the Gold Coast off t​he plan market has been underpinned by luxurious beachfront sales – a trend he expects to continue as the borders open and southerners sweep into the city for summer months.

“The strength of the off t​he plan market is heavily focussed on the luxury downsizer, whether local or interstate, wanting to downsize to luxury homes and live in properties that have unobstructed ocean views or views that cannot be built out,”&nbsp;Pezet says.

Pezet, alongside Todd Matheson at KM Sales &amp; Marketing, are handling the sales for the latest Broadbeach apartment development from Little Projects, who are targeting the luxury owner-occupier after selling out their their 246 apartment Signature nearby.

[smartcode_project:default project_id=108327 project_image_fid=181282]

Aperture, a term which refers to the opening of a lens's diaphragm through which light passes, will have just 29 apartments across its 35 levels.

There's 26 full-floor apartments with three bedrooms, three bathrooms, and three parking spaces, all spanning over 200 sqm across a whole level of the 120 metre building.

The Mary Avenue building&nbsp;has been designed by the Melbourne architect firm Elenberg Fraser to cater for the luxury owner-occupier, with hand-crafted materials and a minimalistic design featuring throughout.

[smartcode_project:default project_id=108327 project_image_fid=181285]

Gaggenau appliances and natural timber and stone have been used for the interiors, creating an extra level of luxury rarely seen in the market..

<a href="/news/qld/little-projects-co-launch-broadbeach-apartment-development-aperture">Read more:&nbsp;Little Projects Co launch Broadbeach apartment development, Aperture</a>

There's been huge success at Main Beach, where Polites Property Group, in a joint venture with QNY Group, aren't far from selling out La Mer, the luxury Main Beach Parade tower of just 29 apartments spread across 34 levels.

Mostly locals have snapped up the three-bedroom apartments, which were priced from $2.35 million. There's only a handful left, starting from $3,245,000.

[smartcode_project:default project_id=95606 project_image_fid=171652]

Polites Property are taking the same line with their next joint venture.

Alongside Monaco Property Group, Polites has lodged plans for Belvue, the first residential tower in Runaway Bay for three decades.

That will have 31 apartments, just one apartment per floor, each with either&nbsp;four bedrooms or three and a multi-purpose room. The grounds are&nbsp;reminiscent of a resort-style hotel, with two luxury pools, private beach access and a barbecue pavilion.

<a href="/news/qld/the-sophisticated-newcomer-to-runaway-bay-gold-coast-suburb-set-for-first-apartment-development-in-30-years">Read more:&nbsp;"The sophisticated newcomer to Runaway Bay" - Gold Coast suburb set for first apartment development in 30 years</a>

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belvue_swimming_pools._jpg_0.jpg" width="1200" /> 
The swimming pool renders for Belvue

Recently Ignite Projects sold out The Monaco at Main Beach at an average apartment price of $4.6 million, one of the most expensive towers on the Gold Coast. That will have just 24 half and full-floor apartments across 24 levels.

David Calvisi's FORME only has a few apartments left at its latest Burleigh Heads development, Sea, his second in Burleigh Heads designed by the renowned architect Koichi Takada.

The&nbsp;new&nbsp;development at 96 The Esplanade will home 23 half-floor apartments of around 220 sqm, as well as three full-floor residences with around 440 sqm of space.

[smartcode_project:default project_id=99968 project_image_fid=159159]

Cru Collective are currently selling SUR at Kirra Beach, which will have just 10 whole-floor apartments on the dress circle Musgrave Street.

Apartments at SUR&nbsp;start from $4 million.

[smartcode_project:default project_id=102920 project_image_fid=180632]

One of the latest developers to join the Gold Coast scene is also taking the same approach.

Orenda Projects, led by the South East Queensland veteran developer Leonard Steiner, are set to create Myst, a slick 33-level tower designed by Plus Architecture.

There will be 46 apartments across the 33-level tower, 45 of those being three-bedroom apartments, which, apart from the three whole-floor sub-penthouses, will span half of a floor.

<img alt="" data-entity-type="" data-entity-uuid="" height="819" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/14_first_ave_broadbeach_2_0.jpg" width="1200" /> 
The proposed&nbsp;Myst apartments at 14 First Avenue

GV Property Group agent Luke Reaby says boutique sites for one-per-floor apartments are becoming more desirable by developers.



The whole-floor apartment trend flooding the Gold Coast apartment market

The Melbourne developer Kincaid has appointed the longstanding Harris HMC to build its Heidelberg West apartment development, Cultivate.

The privately-owned and family-ran company, led by Dale Kennedy&nbsp;since 2006&nbsp;is among one of&nbsp;Australia&rsquo;s top per cent&nbsp;construction companies, having began build​ing in Melbourne back in the mid 1980s.

Having previously completed The Pullman Hotel on Swanston St and the premium 550 Bourke St office tower, Harris HMC currently has a strong workbook of projects, including&nbsp;Penny Lane, the mixed-use commercial residential development for Giancorp in Moonee Ponds, as well as Allison Parkside, 28 boutique two and three-bedroom apartments in Essendon.

They&#39;ve also worked on a $4.6 million fit out of&nbsp;North Melbourne FC&#39;s offices and changing rooms, as well as box suites&nbsp;at Marvel Stadium.

[smartcode_project:default project_id=628 project_image_fid=180701]

They&#39;ll be constructing the dual towers at Cultivate, which is over 50 per cent sold to a good mix of first home buyers, investors and owner occupiers.

Kincaid&rsquo;s development manager Joel Martin said it was a strategic move to engage Harris&nbsp;HMC&nbsp;as the builder&nbsp;for the project. They bring an array of skills to the table given their exposure to commercial, residential and fit out works.

[smartcode_project:default project_id=628 project_image_fid=178983]

&quot;HMC has been doing great work in the construction space for nearly 40 years, delivering very well known projects across the state&quot;, Martin said.

&quot;The team has an expert knowledge of how to create contemporary apartment buildings, and we can&#39;t wait to see Cultivate start rising from the ground.&quot;

[smartcode_project:default project_id=628 project_image_fid=180702]

There will be some movement on site at the end of the year, with construction ramping up fully early next year for its late 2023&nbsp;completion date.

Construction commencement tends to trigger price increase among off th​e plan developments, due to the nature of the progression of the construction and further costs associated.

Currently the apartments, which have interiors designed by DKO&nbsp;start from $369,000.

The two-bedroom apartments at the moment are priced from $479,000, over $130,000 less than Heidelberg&nbsp;West&#39;s&nbsp;median two-bedroom apartment price of $610,000.

[smartcode_project:default project_id=628 project_image_fid=178984]

Cultivate is set to change the face of West Heidelberg, which is sandwiched between the established suburbs of&nbsp;Ivanhoe, Heidelberg and Preston.

The street-level will be revitalized, with retail space at the foot of the buildings, which each have separate and secure entry.

The City of Banyule Council has an extensive redevelopment plan for Bell Street Mall across the road, which will see the mall, dating back to 1956, completely regenerated.

[smartcode_project_cta: project_id=628]

Kincaid development director Joel Martin said it was a no brainer to bring on HMC for the project

Kincaid appoint Harris HMC to build West Heidelberg apartment development, Cultivate

Brisbane apartment values spiked 1.3 per cent over October, posting its second highest monthly returns of 2021, CoreLogic&#39;s Hedonic Home Value Index found.

The continued growth sees Brisbane&#39;s apartment values rise 3.3 per cent on a rolling quarterly average, following 0.6 per cent gains last month and 1.4 per cent growth over August.

Apartment values ended 2020 at $390,000. Now the median apartment value is $437,000, up 9.7 per cent year to date.

[smartcode_project:default project_id=108278 project_image_fid=173613]

Brisbane&#39;s rental increase has also been one of the highest in the country, up 2.3 per cent over the last three months, only second to Sydney where rents rose 2.4 per cent.

Overall Brisbane was the fastest growing market over October, with values up 2.5 per cent across the combined house and unit markets.

It was another month in Brisbane where the price gap between houses and units grew further. Houses saw 2.8 per cent gains, more than double the rate of growth for units.

&nbsp;

&ldquo;As housing becomes less affordable, we expect to see more demand deflected towards the higher density sectors of the market,&quot; CoreLogic&#39;s research director, Tim Lawless, said.&nbsp;

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&quot;House prices continue to outpace wages by a ratio of around 12:1,&quot; Lawless noted.

&quot;This is one of the reasons why first home buyers are becoming a progressively smaller component of housing demand.&quot;

Lawless&nbsp;expects the flick to higher density&nbsp;to occur most prevalently&nbsp;in Sydney than anywhere else in the country. The gap between the median house and unit value is now nearly $500,000. In Brisbane it&#39;s around $300,000. Melbourne&#39;s house median was $731,000 after the 2.8 per cent October gains.

[smartcode_project:default project_id=106960 project_image_fid=170163]

&quot;With investors becoming a larger component of new housing finance, we may see more demand flowing into medium to high density properties,&quot; Lawless added.

&quot;Investor demand across the unit sector could be bolstered as overseas borders open, which is likely to have a positive impact on rental demand, especially across inner city unit precincts.&rdquo;

&nbsp;

Apartment values ended 2020 at $390,000. Now the median apartment value is $437,000, up 9.7 per cent year to date

Brisbane apartment insights: What happened to Brisbane apartment prices over October?

Sydney apartments values continued their strength&nbsp;over October, posting 1.2 per cent gains over the month to now be 14.5 per cent over the calendar year,&nbsp;according to the monthly Hedonic Home Value Index by CoreLogic.

The gains follow 1.4 per cent growth in August and 1.6 per cent in both June and July.

Over 2020, values were down -0.2 per cent.

The median has now jumped over $100,000 since the start of the year, when the median apartment value was $733,000. Now it&#39;s $837,000.

[smartcode_project:default project_id=7758 project_image_fid=150461]

CoreLogic&#39;s research director Tim Lawless believes Sydney will see the highest trend toward high density living compared to the other capitals, as the gap between the median apartment value and median house value rises to over $500,000. (Sydney&#39;s median house value is now $1.33 million, up 1.6 per cent over October).

&ldquo;As housing becomes less affordable, we expect to see more demand deflected towards the higher density sectors of the market,&quot; CoreLogic&#39;s research director, Tim Lawless, said.&nbsp;

&quot;House prices continue to outpace wages by a ratio of around 12:1,&quot; Lawless noted.

&quot;This is one of the reasons why first home buyers are becoming a progressively smaller component of housing demand.

[smartcode_project:default project_id=7758 project_image_fid=150450]

&quot;With investors becoming a larger component of new housing finance, we may see more demand flowing into medium to high density properties,&quot; Lawless added.

&quot;Investor demand across the unit sector could be bolstered as overseas borders open, which is likely to have a positive impact on rental demand, especially across inner city unit precincts.&rdquo;

Sydney has seen the largest rise in rents over the last three months, up 2.4 per cent, followed&nbsp;by Brisbane, regional Queensland and regional New South Wales (all up 2.3 per cent).

The median has now jumped over $100,000 since the start of the year, when the median apartment value was $733,000. Now it's $837,000

Sydney apartment insights: What happened to Sydney apartment prices over October?

Melbourne apartments values spiked over October, performing&nbsp;as well as the city&#39;s house market&nbsp;over the month, according to the monthly Hedonic Home Value Index by CoreLogic.

Apartment values rose one per cent, their highest rise since CoreLogic&#39;s May report, when there was one per cent gains over the April

Melbourne&#39;s rolling quarterly gains are now at 1.7 per cent,&nbsp;following 0.2 per cent gains over September and 0.5 per cent over August.

[smartcode_project:default project_id=2806 project_image_fid=175415]

Across 2020, Melbourne apartment values were flat, and so far in 2021 they&#39;ve grown 7.8 per cent, to a new median $621,000. The median at the start of the year was $576,000.

It&#39;s another month of gains for Melbourne apartments, which haven&#39;t seen a decline in 2021 despite the continued shutdown of immigration due to border closures.

The narrowing gap between house and unit performance comes as house affordability reaches record levels. Over October, that gap only widened across Sydney and Brisbane, with all the rest of the capitals seeing units either perform better, or the same, as houses over the period.

[smartcode_project:default project_id=2929 project_image_fid=137895]

&ldquo;As housing becomes less affordable, we expect to see more demand deflected towards the higher density sectors of the market,&quot; CoreLogic&#39;s research director, Tim Lawless, said.&nbsp;

&quot;House prices continue to outpace wages by a ratio of around 12:1,&quot; Lawless noted.

&quot;This is one of the reasons why first home buyers are becoming a progressively smaller component of housing demand.&quot;

[smartcode_project:default project_id=1260 project_image_fid=177965]

Lawless&nbsp;expects the flick to higher density&nbsp;to occur most prevalently&nbsp;in Sydney than anywhere else in the country. The gap between the median house and unit value is now nearly $500,000. In Melbourne it&#39;s around $350,000. Melbourne&#39;s house median was $972,000 after the one per cent October gains.

&quot;With investors becoming a larger component of new housing finance, we may see more demand flowing into medium to high density properties,&quot; Lawless added.

&quot;Investor demand across the unit sector could be bolstered as overseas borders open, which is likely to have a positive impact on rental demand, especially across inner city unit precincts.&rdquo;

National rents were up 0.7 per cent&nbsp;in October, roughly equivalent to the September&#39;s 0.6 per cent rise.

Apartment values rose one per cent, their highest rise since CoreLogic's May report, when there was one per cent gains over the April.

Melbourne apartment insights: What happened to Melbourne apartment values over October?

One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

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FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

<img alt="Archer St" data-entity-type="file" data-entity-uuid="0171204c-5811-41b5-9b09-2335d1b7c3d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%208.52.48%E2%80%AFAM.png?VersionId=6YTuxfq.puZo7k2wbfgemcO5K3QfXYGQ" />

The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

[smartcode_project:default project_id=30959 project_image_fid=292863]

It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

[smartcode_project:default project_id=152095 project_image_fid=373685]

The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

[smartcode_project:default project_id=152022 project_image_fid=375528]

Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

[smartcode_project:default project_id=152022 project_image_fid=375531]

The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

[smartcode_project:default project_id=152022 project_image_fid=375524]

Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

[smartcode_project:default project_id=152022 project_image_fid=375530]

The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

[smartcode_project_cta:default project_id=152022]

Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

Joel Robinson

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