Apartment values across Melbourne rose 0.5 per cent over August, according to the latest data released by property data firm CoreLogic.

The&nbsp;August gains put apartment values up 1.6 per cent over the quarter, after 0.4 per cent growth over July and 0.8 per cent in June.

Over the year to date, values are up 6.6 per cent, with the median now sitting at $615,909. The median apartment price at the start of 2021 was $577,000.

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Melbourne house values rose 1.4 per cent over August, marking another month where house performance continues to outstrip apartments, although the gap is starting to narrow given renewed housing affordability constraints.

Throughout the first quarter of the year, capital city house values were rising approximately 1.1 percentage points faster than units each month. By August the average performance gap reduced to 0.7 percentage points.

CoreLogic&#39;s research director Tim Lawless believes the convergence of growth in house values and unit values could be another demonstration of affordability becoming more challenging.

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&ldquo;The narrowing gap between house and unit value growth is most noticeable in Australia&rsquo;s most expensive city, Sydney, where the monthly growth rate for houses was 2 percentage points higher than units in March.

&quot;That &lsquo;gap&rsquo; has now reduced to 0.6 percentage points in August.

&quot;Based on median values, Sydney units cost almost $470,000 less than a house. At the same time, the growth gap between houses and units in Melbourne and Brisbane has widened.&rdquo;

Unit rents are starting to rise in Sydney and Melbourne, which is a good metric for investors to follow. Australia&#39;s two biggest capitals were the hardest hit by the strict border closures and lack of international migration.

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Nationally, rents have lifted by 8.2% over the 12 months ending August, the largest rise in rents since 2008.

&ldquo;The weaker trend in unit rents across Australia&rsquo;s two largest cities is likely a reflection of their greater exposure to temporary overseas migrants as a source of rental tenancy, especially foreign students who would normally underpin inner city high rise rental demand, Lawless says.

&quot;The sharp drop in demand due to closed borders has been exacerbated by high supply levels as both cities come out of an unprecedented surge in inner city apartment construction,&rdquo; Lawless added.

Sydney unit rents have consistently risen each month during 2021, while in Melbourne, unit rents have been rising since June.

Unit rents are starting to rise in Sydney and Melbourne, which is a good metric for investors to follow

Joel Robinson

What happened to Melbourne apartment values over August?

The residential redevelopment by Lendlease of the Channel Nine studio site in Richmond is expected to be one of the most impressive regeneration projects of an industrial heritage&nbsp;building in the area when completed.

And that&#39;s seen buyers snap up the small collection of terraces, designed by the award-winning Bates Smart to incorporate the former Wertheim Piano Factory, which was built over a century ago.

Urban recently spoke to Bates Smart studio director Mark Healey about the Bendigo Street project.

JR: What was the brief from Lendlease for Gramercy Terraces?

MH: The brief was to provide a high-end product offering with a true sense of identity that respected the heritage context.

Lendlease sought the development to be part of a vibrant and sustainable inter-generational precinct within the Richmond neighbourhood, creating a strong sense of place.

The low-maintenance residential terrace homes are predominately targeted at young professionals, young families and agile downsizers.&nbsp;

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Linking Gramercy Terraces to the common theme of the wider precinct, whilst also having their own unique identity to promote the individuality of the product was important.&nbsp;

JR: How will you incorporate the current building into the design?

MH: The Gramercy Terraces are responsive to the neighbouring textures, rhythm and depth found within the fine grain residential and heritage context to create a familiar atmosphere.

The fa&ccedil;ade expression references the mass and generous vertical elements of the adjacent heritage building within the broader development.

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The building forms also tie in with precinct wide datum, allowing Gramercy Terraces to stitch seamlessly into its immediate context and Richmond cottage streetscapes.

Implementation of similar fa&ccedil;ade materiality in different tone to subtly unify Gramercy Terraces with other buildings within the precinct assists.

JR: How will the history be reflected in the terraces when completed?

MH: Building on the broader GTV9 site&rsquo;s historical setting as a place of production, our design language was influenced by a contemporary, refined, industrial aesthetic; combined with a focus on natural materiality extracted from the local context.

Gramercy Terraces drew inspiration from the iconic Federation-era red brick buildings of the precinct, while paying homage to the former Nine Network studio&rsquo;s colour past. Gramercy Terraces also speak to the character of local terrace house language with landscaped entry.

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Contextually responsive materials such as textured brickwork and local bluestone were selected, adding a sense of permanence.

Richmond&rsquo;s rich industrial history of craft also informed the materiality selected for the interior.&nbsp;&nbsp;Warm terrazzo stone with metalwork reference the surrounding context but are refined and contemporary in their interpretation.

JR: What is/was the biggest challenge in the design? 

MH: The largest challenge was to relate the terrace&rsquo;s scale and materiality to the neighbouring context whilst also giving them their own unique identity. The massing of each home has been carefully articulated in order to add diversity to the streetscape and achieve active frontages.

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JR: Was there a previous similar project you&#39;ve undertaken which you took inspiration from, or that gave you ideas in the design of Gramercy Terraces?

MH: There is no one project that provided individual design inspiration, however we do believe our residential design is influenced by other sectors in which we work - such as health and hospitality.

We believe this cross-sector approach brings a deeper and more nuanced approach to our design; experience rich spaces that people want to use and will enjoy.

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Coupled with this approach, Bates Smart has also delivered over one&nbsp;million sqm of residential projects over the past 20 years leading to resolved and well-planned residences. &nbsp;

JR: What is the part of the project you&#39;re most looking forward to seeing when completed? 

MH: We are looking forward to seeing the mix of residential building typologies all come together as a whole, that allows families of all generations to reside within one integrated precinct.

Both Gramercy Terraces and the wider precinct respect the site&rsquo;s rich heritage and celebrate diversity with timeless appeal.

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The award-winning Bates Smart incorporated the former Wertheim Piano Factory, which was built over a century ago.



Bates Smart studio director Mark Healey discusses Lendlease's Gramercy Terraces in Richmond

The Sunshine Coast developer Cube Developments have been given sign off by the local council for their boutique Cotton Tree, Maroochydore apartment development, Nature by Cube.

The 12 luxury apartments at 49 The Esplanade, on the&nbsp;Maroochydore coastline, has already seen huge buyer interest, with nearly half of the apartments already sold.

Nature is catering for pent up demand for luxury beachfront living since the mass northerly migration to the Sunshine Coast.

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2020 saw Queensland undergo its&nbsp; biggest population boom in 16 years, with 30,000 people relocating to the Sunshine State.

Scott Juniper, director of Cube Developments,&nbsp;said the Cottee-Parker designed project is attracting buyers wishing to maintain a high-end, highly connected lifestyle in a home that is on par to their Sydney and Melbourne residences.

&ldquo;There is a real upmarket quality to the area of Cotton Tree, and it&rsquo;s all on Nature&rsquo;s doorstep - from the parklands, aquatic centre, retail on one side, sports activity on the other - it&rsquo;s all a stone&rsquo;s throw away,&rdquo; Juniper said.

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Juniper told&nbsp;Cottee Parker Architects&nbsp;to deliver&nbsp;the best the Sunshine Coast has ever seen.&nbsp;

&ldquo;While remaining connected, the site itself maintains a high level of exclusivity and privacy, being less built up than other areas and with fewer neighbours.

&quot;Maroochydore is currently undergoing a large urban renewal process, with the development of the &lsquo;Maroochydore City Centre&rsquo; business precinct and $2.5 billion of private sector investment that will help to re-energize the area and develop a thriving and vibrant community.

&ldquo;This will all contribute to an enviable offering in this coastal pocket, further amplified by the Sunshine Coast airport, which will assist jetsetters even further as air travel opens up.

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&ldquo;With little more than a handful of residences left - certainly not enough to satisfy the demand we&rsquo;re seeing come through - we&rsquo;re seeing snap decisions made to avoid missing out,&rdquo; he said. Nature by Cube is priced from $2.95 million.&nbsp;

Cube are well known in the area for their quality developments. They&#39;re currently selling Seasons in Birtinya, a&nbsp;much more budget-conscious apartment development in&nbsp;Birtinya.

They&#39;re planning a boutique project at Bokarina Beach, located between Calounda and Mooloolaba and adjacent to&nbsp;Bokarina Beach.

Read more:&nbsp;<a href="/news/qld/cube-developments-plan-oasis-boutique-apartment-development-at-bokarina-beach-sunshine-coast">Cube Developments plan boutique apartment development at Bokarina Beach, Sunshine Coast</a>

Cube Developments get green light for luxury Cotton Tree, Maroochydore apartments

The national property&nbsp;developer Gallery Group are the latest to submit plans for a residential apartment tower on the Gold Coast.

They&#39;ve submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk.

Gallery are targeting the owner-occupier, with no one-bedroom apartments. There will be 17 two-bedroom apartments, which start in size from 105 sqm, and 85 three-bedroom apartments.

<img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_2.jpg" width="1200" />

Levels six to 19 will have four apartments per floor, one-two-bedroom apartments and three three-bedroom apartments. The three-bedder will each have two sitting areas and a king-sized mater suite, complete with walk-in wardrobe and ensuite.

Those three-bedders start at 178 sqm.

From there levels 20 to 30 will have just three three-bedroom apartments, no smaller than 209 sqm. The biggest is over 254 sqm.

<img alt="" height="1063" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chalk_surf_parade_4.jpg" width="1200" />

The skyhomes crown the development, across levels 31 to 34, each with three bedrooms, a study and a media room.

The northern penthouse is over 385 sqm and also has its own cellar. The king even has its own walk in shoe storage room

Raunik Design has drawn up the plans to feature a recreation level on level four, complete with a gym with sauna, pool and spa and pool deck.&nbsp;The landscaped gardens by FORM feature barbecue and dining areas. There are two apartments on that level, one with its own plunge pool.

There&#39;s a level 35 roof terrace with indoor and outdoor seating and dining, a communal kitchen, a boardroom or private dining area and a shared office space with a breakout area.

The entry lobby will home a cafe, surfboard racks, dog wash and water feature.

In the design intent, Raunik say the tower is inspired by art deco fused with a contemporary feel.&nbsp;

&quot;Precise geometric shapes integrated with simplistic design elements achieve timeless results&quot;, it reads.

&quot;Naturally formed materials such as concrete, glass and stone are intertwined carefully with earthy tones to create a grounded atmosphere both in and around the building.&quot;

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They've submitted plans for their recently acquired site at 203-211 Surf Parade for a 35-level, 102-apartment tower dubbed Chalk

Gallery Group lodge plans for Surfers Paradise apartment development, Chalk

The masterplanned community&nbsp;Azure, in Forest Glen in the Sunshine Coast region, is set to have a number of rainforest-style villas bookend its mini-masterplan.

Developer Michael Cullen&nbsp;has lodged plans for 15 boutique villas in the Owen Creek Road development, which when completed&nbsp;will comprise of six stages across 20-acres, with communal parks, walking tracks and large open spaces.

Cullen has had Paul Butterworth Architect draw up the plans for the villas which will&nbsp;sit on blocks of land ranging from 164 sqm to 504 sqm. There are four different styles of villas, each having three bedrooms.&nbsp;

<img alt="" height="833" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/azure_land_main.jpg" width="1200" />

There will be villas at the other end of the townhouse community, which has 90 lots ranging from 195 sqm to 391 sqm. Buyers will have the option of building their own home, or buying as part of a house and land package.

Town Property sales agent Craig Morrison has been marketing the sought-after estate.

Last year, in the midst of the COVID-fuelled demand for the area, Morrison sold the first stage of the development, 21 lots, in one weekend when it launched.

There&rsquo;s now just a handful of lots remaining, starting from $365,000.

There will be villas at the other end of the townhouse community, which has 90 lots ranging from 195 sqm to 391 sqm

Sunshine Coast land development Azure set for rainforest villa collection

The local Sunshine Coast developer&nbsp;Habitat&nbsp;Developments are set for a 200-apartment development on the Maroochy River.

Habitat, led by director Cleighton Clarke, has lodged plans with the Sunshine Coast Council for St Clair Apartments at 930 &amp; 931 Birtinya Boulevard, located directly adjacent to Lake Kawana.&nbsp;

There will be 100 apartments in each eight-level building, made up of 46 two-beds, 119 three-bedroom apartments, making up 60 per cent of the development, and 35 four-bedroom and penthouse apartments.

Habitat Development Group managing director Cleighton Clark said they are excited about the project and look forward to Habitat playing its part in the growth and evolution of the Birtinya lakeside precinct.

"There’s already been some exciting momentum created by Stockland and other strong local developers," Clark said, adding that the Birtinya precinct was awarded the 2020 National UDIA Award for Master-planned Development.

K Architecture designed the buildings which curve in sync with each other, and are separated by a walkway to the water.

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Each building will rise eight levels from the ground, with a further two-levels of basement parking which will hav over 400 parking spaces.

“St Clair has a really elegant design and will capitalise on its prime waterfront location," Clark said.

"This prime waterfront development promises stunning ocean views and across Lake Kawana to the east as well as committed green space to the west."

There will be 13 apartments on each level, apartment from the ground floor which will have 12 and level eight which will have 10.

Some of the bigger penthouse-style apartments have over 50 sqm plus outdoor space, with a handful of courtyard apartments&nbsp;with over 90 sqm of gardens.

The ground floor homes the amenity, including a 25 metre swimming pool, communal dining room and a games and play lawn. The rooftop terrace will have seating and dining areas.

<img alt="" data-entity-type="" data-entity-uuid="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/st_clair_habitat_4.jpg" width="1200" />

Habitat are hoping the project will start in mid to late 2022, and will be completed in Q1 2024, pending approval.

Habitat recently sold out&nbsp;their $83 million&nbsp;Maroochydore&nbsp;project Market Lane, and are set to launch another Maroochydore&nbsp;project, The Corso, next year.

Clark said his enthusiasm for the Sunshine Coast has been reinforced by the strong market interest in Habitat’s existing projects under construction which are all completely sold out.

“We’ve been building on the Sunshine Coast for the past 16 years and this is the most buoyant market I’ve ever seen," Clark said.

“Rental vacancy rates have been low on the Sunshine Coast for a number of years, but vacancy is incredibly tight and we’ve witnessed very strong rental growth in the last year. Apartments are renting for 20% more than they were 12 months ago in projects we’ve completed and continue to manage.

"St Clair provides us another project to commence alongside some of our other exciting projects we’re planning in 2022."

“We’ve been building on the Sunshine Coast for the past 16 years and this is the most buoyant market I’ve ever seen," Habitat boss Cleighton Clark said.

Habitat Development Group set for 200 apartment St Clair Apartments in Birtinya on the Sunshine Coast

Owner-occupiers seeking an apartment can now find it more easily than ever, with renowned developer Central Equity offering personalised online tours of their Southbank tower, FOCUS.

Online tours commence September 8th at the FOCUS Sale Event - with access to an exclusive offer to purchase with 5% deposit, no more to pay until settlement.

[smartcode_project:default project_id=3260 project_image_fid=62315]

There are 15 different apartment layouts which can be selected as part of the tour.

Another bonus for owner-occupiers looking to buy in the building is that they can save up to $51,000 in stamp duty on their brand new apartment.

[smartcode_project:default project_id=3260 project_image_fid=62317]

Investors haven&#39;t been left in the cold by Central Equity, who are offering a two-year rental guarantee to investors - available during the online Sale Event.

Investors can also save up to $27,000 in stamp duty savings as part of the government initiative.

Prices for one-bedroom apartments&nbsp;start from $499,000. Two-bedroom apartments start from $699,000&nbsp;and three-bedders are priced from $899,000.

FOCUS apartments have been designed with space in mind, with near three metre ceilings in the apartments, which have floor to ceilings windows to let in light and take in views of the city.

Resident amenity at FOCUS will include a luxury 17-seat theatre, a glass-roofed&nbsp;heated&nbsp;indoor swimming pool, and a gym with a sauna. There will be a communal lounge space, complete with a fireplace, kitchen and dining area which opens to an&nbsp;outdoor space with further dining and a barbecue.

Buyers can <a href="https://focusmelb.com.au/event?utm_source=urban&amp;utm_medium=portal&amp;utm_content=story">book a spot for a personalised tour of FOCUS</a>, which includes chatting with consultants, seeing the latest designs, floorplans, views and interiors, <a href="https://focusmelb.com.au/event?utm_source=urban&amp;utm_medium=portal&amp;utm_content=story">here</a>.

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Experience 15 different apartment layouts at Central Equity's Sale Event from September 8

Tour FOCUS, Southbank apartments without leaving your home

The South East Queensland developer Marquee Development Partners are continuing to bulk up their apartment development pipeline, following the speed of their latest Kirra Beach.

Marquee&#39;s Kirra Beach apartment development SOL didn&#39;t even hit the market, selling out all 46 apartments in the in-demand&nbsp;Kirra Beach in just 10 days.

The development, which&nbsp;will go down as one of the Gold Coast&#39;s fastest sell-outs,&nbsp;was Marquee&#39;s eighth project, and they&#39;re set to launch their ninth.

Their next Gold Coast project, Northshore, is north of the Kirra hotspot, in the equally booming&nbsp;north Palm Beach area.

<img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marquee_northshore_living.jpg" width="1200" />

In a joint venture with LHPP, Northshore will have 93 residences, starting from two-bed apartments and ranging to a small collection of villas, and will only be available for resident-only buyers.

The development will feature five-star resort-style amenities which come standard in Marquee&#39;s Developments. Residents will have access to&nbsp;a waterfall edge pool with Baja deck and floating sunbeds, outdoor dining, cinema, full-sized gym, work from home facilities and&nbsp;extensive wellness offerings.

Marquee&#39;s sales director Azura Griffen says the open plan apartment designs will blur the lines between inside and out.

<img alt="" height="545" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marquee_northshore.jpg" width="1200" />

In Marquee&#39;s pipeline is another Kirra Beach project, down the road from the sold-out Sol.

At&nbsp;4 Musgrave Street, <a href="/news/qld/first-look-marquee-development-partners-lodge-plans-for-new-kirra-beach-coolangatta-apartments">the 14-level tower with 39 apartments</a> has been designed by the Brisbane-based Ellivo Architects.

In their brief submitted to the Gold Coast City Council, Ellivo note the importance&nbsp;that all primary indoor and outdoor living areas are oriented to the beach.

Marquee&#39;s sales director Azura Griffen said there was an unbelievable amount of interest levelled at SOL since the public received their first glimpse.

&quot;We never could have predicted the almost instantaneous sell-out,&rdquo; Griffen said.

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In a joint venture with LHPP, Northshore will have 93 residences, starting from two-bed apartments and ranging to a small collection of villas

Marquee prepare launch for Palm Beach apartment development, Northshore 

As the return to the office stalls due to ongoing lockdowns in Sydney and Melbourne, discerning apartment developers are pivoting their approach to apartment design.

If not already as standard, a number of developers are going hard on the work-from-home office space, whether it&#39;s part of the wider development or within the apartments.

More than one-10th of Melbourne&#39;s office floor space was untenanted in July, the Property Council of Australia&#39;s Office Market Report showed. The St Kilda Rd precinct had Melbourne highest vacancy rate at 16.3 per cent, followed by Southbank by 15.2 per cent.

Chris McCue, managing director at architecture and design firm Carr, says he has seen the&nbsp;demand for a tailored home office space continue right through the pandemic.

&quot;The multitude of workspaces within a single dwelling has definitely risen as we move to more longer-term workplace flexibility and adaptive environments,&quot; McCue said.

The customisable apartments at Riverlee&#39;s mixed-use Melbourne development Seafarers had a recent buyer re-jig&nbsp;the floorplan, taking out the laundry sink which was moved to the ensuite to accomodate a study nook large enough for two people, fitted with cabinetry and shelving.

[smartcode_project:default project_id=27728 project_image_fid=97028]

The developer Riverlee also focused on the home office boom by adding shared facilities in the 123-room development, located in the same Flinders Street building as&nbsp;Australia&#39;s first 1 Hotel.

Residents will have access to a number of meeting rooms and breakout areas, an 800-seat function space, a residents-only library and communal lounge. There&#39;s also onsite building support staff who can assist with printing.

The home office facilities, as well as the access of&nbsp;exclusive privileges when staying at a&nbsp;1 Hotel&nbsp;worldwide, has seen a big uptake in purchases by entrepreneurs and executives.

Seafarers was&nbsp;designed by Fender Katsalidis on the banks of the Yarra River. They were tasked with&nbsp;reimagining&nbsp;the heritage-protected Goods Shed 5, preserving&nbsp;the only intact remnants from the days before containerisation.

McCue said Seafarers&nbsp;faceted exterior does more than create a striking urban presence, it yields uniquely large floorplans.

[smartcode_project:default project_id=27728 project_image_fid=73042]

&quot;From the four-bedroom penthouses to two-bedroom residences, each interior is meticulously planned to maximise natural light, external views and connection to the textures and rhythms of its riverfront setting,&quot; McCue said.

&quot;Luxury can mean so much in terms of spatial and service amenity and is where Seafarers achieves luxury in many ways.

&quot;From a service inclusion and connection to 1 Hotels, to the kitchen joinery and fixtures inclusions, to the inclusion of generous and highly-functional storage.

[smartcode_project:default project_id=27728 project_image_fid=161089]

&quot;There was a lot of consideration around house-like storage amenity, as well as spatial amenity and flow through spaces and connection.

&quot;Our key spatial thinking and beliefs include connected indoor and outdoor living spaces, controlled and extended aspects, extended views that are aligned with internal planning.&quot;

[smartcode_project_cta: project_id=27728]

Chris McCue, managing director at architecture and design firm Carr, says he has seen the demand for a tailored home office space continue right through the pandemic

How apartment customisation and adding a home office is driving off the plan sales

The Melbourne-based developer GURNER, led by the high-profile developer&nbsp;Tim Gurner, has revealed its $1.25 billion plans for their Ferny Avenue, Surfers Paradise&nbsp;mega site.

The 11,000 plus sqm site at 108 Ferny Avenue will be known as&nbsp;La Pelago, and will comprise four huge towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

GURNER swooped for their first residential development on the Gold Coast, and only their second in Queensland, following the collapse of Ralan, who had planned for two&nbsp;towers on the sprawling Budds Beach site.

La Pelago, likely named after the small commune in Italy,&nbsp;centralises on a private island theme, where&nbsp;each building is surrounded by over 9,000 sqm of amenity, lush tropical landscaping by SWA and pool-side water retreats, creating four private islands.

<img alt="" data-entity-type="" data-entity-uuid="" height="682" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_gurner.jpg" width="1200" />

Tim Gurner says&nbsp;La Pelago will be a new world experience for a beachside precinct that will be unlike anything ever attempted in Australia before, with an international hotel name that will be a new entrant to the Australian market.

“We have spent the last eight years identifying opportunities to transform significant sites across Australia into luxury precincts well before others jump on the trend. Using this approach we’ve been fortunate to ride a significant upswing in luxury sales across our projects like St Moritz and Victoria &amp; Vine in Melbourne, and large-format place-marking sites like FV in Brisbane," Gurner said.

“La Pelago is the next evolution in this journey. We believe Budds Beach is the next frontier of luxury on the Coast and we are creating a $1.25billion precinct that will enable us to be at the forefront of this transformation."

<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/gurner_tower_3.jpg" width="1200" /> 
Tower three proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Gurner has had his go-to architect in Melbourne Warren Mahoney draw up the plans.

Tower three, the short-term accomodation tower, will be the biggest of the four, spanning&nbsp;55 levels, taking the building to over 190 metres high. That&nbsp;will make it the fifth tallest building on the Gold Coast.

Tower three will have 596 apartments, between two and 17 apartments per floor, and nearly 55,000 sqm of gross floor area. The tower is mainly made up of studio and one-beds, and will be the location of the hotel.

<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/gurner_tower_2.jpg" width="1200" /> 
Tower two&nbsp;proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council 
 
Two-bedroom apartments are the most popular across the three residential buildings, accounting for more than half of the apartments in each tower.

Tower four is the second biggest, and will home 248 apartments, with between four to 16 per floor across its 34 levels.

Tower one will have 150 apartments across 30 levels&nbsp;and tower two the most boutique, with between two and four apartments per floor across its 25 levels, totalling 95 apartments.

All up the proposal will see 1088 apartments built.

<img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_4.jpg" width="1200" />

“La Pelago will allow us to draw on our unique experience in the retail, signature amenity and urban regeneration space, and apply it on a grand scale," Gurner said.

“When designing the project it was really about me dreaming about where we all want to be right now and for me that is a hot and sunny luxury private island. Something that offers sun, pools, amazing service, luxury amenities and residences – something right now you cannot get in Australia."

<img alt="" data-entity-type="" data-entity-uuid="" height="832" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_4.jpg" width="1200" /> 
Tower four proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Warren and Mahoney design principal, Barrington Gohns, said&nbsp;La Pelago’s design will provide much more immersive experiences than previous projects, with stunning attention to detail across the four towers.

"The design very much respects the crisp, natural island experience utilising integrated landscape and pools, lots of white, timber and glass in its form, with bespoke elements in each ‘island’," Gohns said.

“The foundation of La Pelago is steeped in context and identity, acknowledging the tension between river and coastline, and the design only takes what it can give back. A strong focus on health wellness resonates throughout, along with a carbon neutral manifesto we continue to drive with GURNERTM.”

Snapshot:

Mixed use development consisting of:

<ul>
	<li>4 x multi-storey Residential towers</li>
	<li>Three level podium</li>
	<li>Ground floor indoor/ outdoor communal recreation and amenities</li>
	<li>Food and Beverage</li>
	<li>Residential lobbies with on-site porte cochere drop offs</li>
	<li>Service areas/ Back of house</li>
	<li>1,000 car parks across two basement levels and two above grade levels</li>
	<li>200 hotel rooms</li>
	<li>Over 5,500sqm of retail, commercial, conferencing amenity, a day spa and business club</li>
	<li>A world-class retail precinct anchoring the ground plane</li>
	<li>2,000sqm private health and wellness Club</li>
	<li>Over 12,000sqm of resident and hotel amenity across the four towers</li>
</ul>

[smartcode_project_cta: project_id=108339]

La Pelago centralises on a private island theme, where each building is surrounded by over 9,000 sqm of amenity



First look exclusive: Gurner reveals $1.25 billion, four-tower Surfers Paradise apartment development La Pelago

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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