Melbourne-based developer&nbsp;<a href="https://www.apartments.com.au/developers/las-group">LAS Group</a> has this month received planning approval for two adjoining sites, 101 Clarendon Street and 38 Clarke Street in Southbank, that will add around $700 million to the developer’s pipeline on completion.

The two sites were purchased from Crown in 2023 and occupy the same city block as the iconic Casino complex, acquired in an on-market transaction, consisting of multiple titles that were being used as warehouses and low-rise office space.

The resulting permits will see the delivery of two towers consisting of 52 and 25 levels, both to be designed by Fender Katsalidis.

LAS Group’s successful planning approvals are among only a select few new development sites in Southbank to receive a permit in the last three years, as appropriate sites become even more scarce in the popular city-side location.

The projects will enjoy immediate walking access to Crown Casino, South Wharf, the Aquarium, Southbank and the wider Yarra River walk precinct that features a plethora of restaurants, bars and other hospitality and entertainment offerings.

The Fender Katsalidis-designed towers will feature intricate brick masonry and arched windows at street level that will add character to the Southbank streetscape, with sleek towers rising above each podium.

The larger of the two towers, <a href="https://www.apartments.com.au/new-apartments/101-clarendon-street-southbank-vic-3006">101 Clarendon Street</a>, will have 509 apartments across a 52-level building that wuill also include a resident&nbsp;lounge, private dining room, podcast room, golf simulator, co-working spaces, pet care facilities, and an outdoor terrace.

That is expected to complete in 2029.

<img alt="Clarendon" data-entity-type="file" data-entity-uuid="9d8595a7-d225-4532-86a9-d3c5ca7407d4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-05%20at%208.28.51%E2%80%AFAM.png?VersionId=quwbfnhk5Vf6yR1Qj0GQtt0EjeIsKMci" /> 
The podium at 101 Clarendon Street. Image supplied

The smaller tower at <a href="https://www.apartments.com.au/new-apartments/36-42-clarke-street-southbank-vic-3006">38 Clarke Street</a> will be around half the size at 25 levels and home 188 apartments, a pool, gym, cold plunge, and sauna. That is expected to complete in 2028.

&nbsp;

LAS Group has a long history of developing key sites across Australia, including The Fawkner on St Kilda Road and Guild Apartments in Southbank, as well as holding significant interests in retail, mixed-use and storage facilities across Australia.

<img alt="38 Clarke" data-entity-type="file" data-entity-uuid="d871b034-d2a4-490f-b9eb-b9d4b99a04c5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-05%20at%208.28.44%E2%80%AFAM.png?VersionId=J3fWfemsLPQzXekl_h0QlsXoWFnRbfRF" /> 
38 Clarke Street, Southbank. Image supplied

LAS Group director and founder Les Smith said the planning approvals had come at a time when confidence was returning to the market and the need to deliver quality apartment stock in Melbourne’s inner suburbs was becoming critical to help ease the housing and affordability crisis.

“These planning approvals are the outcome of a collaborative process with multiple stakeholders and we are grateful for the involvement and support of Melbourne Water, the Department of Transport and Planning, Melbourne City Council and Property Council of Australia along the way," Smith said.

“We have a huge affinity for Melbourne believe the macro and micro economic factors that underpin long-term growth mean it is currently undervalued compared to other capital cities around Australia.

“Confidence is starting to return given the recent interest rate drops and the buoyancy in the economic climate, so we believe the time is right to bring these two new projects to market in the coming months."

LAS Group General Manager, Mia Smith said the design intent was to bring a sense of place to Southbank from the ground level and contribute positively to the thriving entertainment precinct, while delivering good quality, affordable stock to the market.

“These projects will deliver product that is affordable and accessible, while delivering a beautiful building with luxury appointments, in a wonderful location that’s next door to Crown Casino and the Southbank entertainment precinct, and on the doorstep to the CBD," Smith said.

“We are incredibly pleased with the designs that Fender Katsalidis have proposed and we are excited to make a positive impact to the urban design of this important pocket of Southbank with these exceptional design outcomes.”

Joel Robinson

LAS Group to build 700 apartments across two towers on Crown Casino’s former Southbank sites

The introduction of a new apartment style by Sekisui House Australia at <a href="https://www.apartments.com.au/new-apartments/zeste-at-the-orchards-norwest-104-fairway-drive-norwest-nsw-2153">Zeste</a>, the final stage of its $1 billion Norwest masterplan The Orchards, has fuelled buyer demand, particularly from the local downsizer.

The new product&nbsp;offering, Breezeway Sky Homes, accounted for 40 per cent of the 25 sales achieved at the launch of Zeste's first building, Essence, which makes up 135 of the 209 apartments in Zeste. Around 90 per cent of purchasers were local owner-occupiers.

[smartcode_project:default project_id=150510 project_image_fid=351878]

David Lee, Sales Manager at Sekisui House Australia, said the new Breezeway Sky Homes had proven the standout performer.

“These residences introduce cross ventilation, north south orientation, butler’s pantries and private courtyard entries that make apartment living feel like a genuine home," Lee says.

“Purchasers are choosing Norwest over other suburbs such as Hills Showground, Tallawong and Macquarie Park due to the limited supply. Zeste is also the final stage of The Orchards masterplan, where all community amenities will be fully completed, making it a functioning neighbourhood from day one.”

[smartcode_project:default project_id=150510 project_image_fid=352090]

Lee noted that while the expanded federal government’s Home Guarantee Scheme had encouraged more first home buyers to enquire, the majority of purchasers were local homeowners taking advantage of the final opportunity to secure an address within The Orchards.

“Zeste represents the culmination of Sekisui House Australia’s decade long vision for The Orchards, creating a neighbourhood defined by community, sustainability and design excellence. With Zeste, that vision comes full circle."

[smartcode_project:default project_id=150510 project_image_fid=351876]

Designed by Rothelowman, each residence integrates natural light and greenery, reflecting Sekisui House’s global philosophy of creating harmony between people, homes and nature.

“Zeste’s apartments are on average 20 per cent larger than previous stages, with generous internal areas tailored for owner occupiers,"&nbsp;Lee added.

"Buyers have also responded positively to the premium upgrade options and the project’s independent 4 Gold Star iCIRT rating, which reinforces confidence in quality and delivery."

[smartcode_project:default project_id=150510 project_image_fid=352091]

Castle Hill retirees Aswin and Dilu purchased a three-bedroom Breezeway Sky Home in Zeste.

“We have lived in the Castle Hill area for over 15 years in a large five-bedroom home and wanted something smaller but not too small," Ashwin said.

"The moment we walked into the showroom and saw the vision for Zeste we were sold. Our apartment is over 200 square metres so there is plenty of space. The layout, light timber finishes, Japanese craftmanship, balcony overlooking a landscaped courtyard and concierge were standout features. Proximity to friends, shops, restaurants, Sydney Olympic Park, walk and cycle paths and the new Metro made out decision very easy."

[smartcode_project:default project_id=150510 project_image_fid=352096]

Sales so far have ranged from $735,000 to $2.2 million, with purchasers responding to the combination of large floorplans, refined finishes, and access to resort-style amenity within the masterplanned community.

Construction of Zeste will commence in early 2026, with completion anticipated in early 2028.&nbsp;

To date, more than 860 apartments have been sold across The Orchards, equating to over 65 per cent of the entire masterplan, marking the end of an era for The Orchards, an innovative project 10 years in the making.

Set on a nature site with a creek and cycle/walkways, The Orchards will feature recreational amenities including a 1.4-hectare public park, an outdoor cinema, onsite café, playgrounds, break-out green spaces, lagoon pool and large fitness centre.

[smartcode_project_cta:default project_id=150510]

Local owner-occupiers drive sales at Zeste, Norwest

Within a few weeks of unveiling its newest Sydney apartment development The Rushcutters, developer Third.i, and joint venture partner NPACT, have sold out all of the two-bedroom apartments in the boutique building.

Over 200 guests attended an exclusive VIP evening, followed by a bustling weekend at the display suite in Potts Point. More than 50 groups toured the suite, resulting in multiple deposits.

Two-bedroom apartments have sold out, and the remaining three-bedroom residences are available from $4.95 million.

The Rubinstein Group’s James Nixon and Christian Jones are the local agents appointed to sell <a href="https://www.apartments.com.au/new-apartments/the-rushcutters-51-57-bayswater-road-rushcutters-bay-nsw-2011">The Rushcutters</a>, alongside Hume Residential. JLL’s Freya Watson, Harri Williams-Jones and Patrick Yi are the listed international agent for The Rushcutters.

[smartcode_project:default project_id=144646 project_image_fid=354308]

The Rushcutters is redefining luxury apartment living by offering the unique opportunity to combine two apartments into a single, expansive whole-floor residence. This delivers the ultimate in harbourside luxury, with generous living spaces, curated finishes, and seamless indoor-outdoor flow. Due to strict planning controls, only one level is available for amalgamation, making it a truly one-off chance for those seeking an inner-city, house-sized apartment.

Luke Berry, Director and Co-founder of <a href="https://www.apartments.com.au/developers/thirdi-group">Thirdi Group</a>, said the feedback from buyers has been "overwhelmingly positive", with many drawn to the flexibility and lifestyle that whole-floor living provides

“We’ve always believed there was a real appetite for large, luxury apartments in this part of Sydney, but the response to The Rushcutters has been incredible," Berry said.

“People are looking for something special space, quality, and a sense of home, all in a location that’s second to none. We’re proud to offer a project that delivers on all fronts."

[smartcode_project:default project_id=144646 project_image_fid=351899]

Designed by renowned architects <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, The Rushcutters blends contemporary elegance with timeless materials.

Each residence features expansive living areas, floor-to-ceiling glazing, and high-end finishes that reflect a commitment to quality and detail. Residents will also enjoy secure parking, private outdoor terraces, and seamless connectivity to Sydney’s CBD, parks, and waterfront.

The project’s location in Rushcutters Bay places it within easy reach of the city’s best dining, shopping, and recreational amenities, but is far enough removed to not be in the heart of the urban bustle.

&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=144646]

Buyers jump at The Rushcutters launch

Capital Corporation has officially broken ground on its landmark residential project, The Residences at Wahroonga Estate.

The milestone marks the beginning of a joint venture with the Seventh-day Adventist Church, delivered in partnership with award-winning builder DASCO. Together with interior design by Coco Republic and architecture by GroupGSA, the partnership will transform an underutilized block of land into a vibrant new residential community.

[smartcode_project:default project_id=135247 project_image_fid=284381]

Capital Corporation Managing Director Jim Hunter said&nbsp;DASCO’s reputation and capability made them the standout choice for this key project.

"<a href="https://www.apartments.com.au/new-apartments/the-residences-at-wahroonga-estate-169-fox-valley-road-wahroonga-nsw-2076">The Residences at&nbsp;Wahroonga&nbsp;Estate</a> will be a luxury landmark development for&nbsp;Sydney’s Upper North Shore, and we’re confident&nbsp;DASCO&nbsp;will help bring it to life with integrity and the highest standards of workmanship.”

[smartcode_project:default project_id=135247 project_image_fid=262185]

With around 55 per cent of the initial release already sold, valued at approximately $100 million, the development is being hailed as a key catalyst in the renaissance of Sydney’s Upper North Shore residential market.

Capital Corporation’s decision to position The Residences at Wahroonga Estate next to Sydney Adventist Hospital (the San), one of the most respected and significant private hospitals in Sydney, is resonating strongly with buyers who value convenient access to healthcare and lifestyle amenity.

[smartcode_project:default project_id=135247 project_image_fid=284380]

Sydney Adventist Hospital CEO Brett Goods said the development reflects the hospital’s long-standing commitment to community wellbeing.

“The San has been part of the Wahroonga community for more than 120 years, providing care for generations of families. The Residences at Wahroonga Estate continues our vision of providing world class healthcare and promoting wellness, connection and peace of mind for residents and patients alike,” said Goods.

[smartcode_project:default project_id=135247 project_image_fid=284379]

New research commissioned by Capital Corporation into Australian downsizing motivations underscores the growing influence of health and wellbeing on property decisions.

The study found that around one in three Australians (35%) are downsizing due to health- related reasons and want to live closer to medical facilities.

It also revealed that nearly two-thirds (64%) of downsizers seek apartments near general amenities, while a third (33%) specifically value close access to health and wellbeing features when choosing where to live.

Hunter said the findings explained the success of The Residences at Wahroonga Estate, where the combination of premium design, convenience and direct access to Sydney’s leading private hospital has proven to be a major drawcard.

The groundbreaking ceremony was attended by NSW Building Commissioner James Sherrard, the Seventh-day Adventist Church, DASCO and key stakeholders, reflecting Capital Corporation’s enduring reputation as a trusted joint venture partner and leader in quality, community-driven development.

[smartcode_project:default project_id=135247 project_image_fid=284382]

Francois Keet, CFO of the Seventh-day Adventist Church in the South Pacific said they chose to partner with Capital Corporation because of their proven experience in delivering community-focused developments.

“They’ve helped unlock value in the Estate, allowing us to reinvest in what matters — healthcare training, senior care, key worker housing and other vital local initiatives.

“This partnership is about more than development; it’s about futureproofing our mission and creating lasting social impact for the community we serve.”

&nbsp;

The Residences at Wahroonga Estate is set to complete in 2027 and will offer 128 one, two and three-bedroom, pet-friendly apartments immersed in nature.

[smartcode_project_cta:default project_id=135247]

Capital Corporation breaks ground on The Residences at Wahroonga Estate

<a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a> has completed&nbsp;<a href="https://www.apartments.com.au/buildings/broadway-on-the-bay-crawley-168-broadway-crawley-wa-6009">Broadway on the Bay</a> in <a href="https://www.apartments.com.au/developments/crawley-wa-6009">Crawley</a>, a boutique riverfront development delivered by Edge's in-house construction team.

Over 80 per cent of the 21 apartments, positioned along the Swan River foreshore and parkland, have already been sold prior to completion.

The development draws on the site’s natural setting and the surrounding Art Deco character of Crawley. The design incorporates light-toned brickwork, sculpted curves, and bronze accents at &nbsp;street level, complemented by full-height glazing and moveable screening above.

[smartcode_project:default project_id=138456 project_image_fid=354363]

Each residence has been optimised to capture river and parkland views. Interiors feature natural materials &nbsp;such as stone, timber and bronze detailing, with the inclusion of high-quality finishes throughout.&nbsp;

The residents’ amenities focus on wellbeing and connection. Landscaped gardens, a yoga space, gymnasium and Western Red Cedar–lined sauna provide residents with a balance of recreation and relaxation, while shared lounges, a wine room and private dining area supports social engagement.&nbsp;

[smartcode_project:default project_id=138456 project_image_fid=354361]

The remaining apartments are predominantly three-bedroom layouts, priced from $3.8 million.&nbsp;The development has attracted buyers from Perth’s western suburbs seeking to downsize without compromise, as well as professionals and long-term locals drawn to the riverfront setting.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/wa/how-edge-visionary-living-navigated-the-pandemic-and-came-out-stronger-five-minutes-with-gavin-hawkins">How EDGE Visionary Living navigated the pandemic, and came out stronger: Five minutes with Gavin Hawkins</a>

[smartcode_project_cta:default project_id=138456]

Edge Visionary Living completes Broadway on the Bay apartments in Crawley

Leading developer <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a>, alongside joint venture partners MaxCap Group and <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, have marked a major milestone across Southbank’s newest hospitality and residential tower.

They've completed <a href="https://www.apartments.com.au/buildings/the-queensbridge-building-southbank-90-queensbridge-street-southbank-vic-3006">The Queensbridge Building</a>, with the first stage now complete and fully sold-out. The&nbsp;project team is working towards the completion of stage two by the end of 2025. Limited stage two residences remain, with two and three-bedroom apartments ranging from 72 sqm to 174 sqm and priced between $890,000 to $3.35 million.

[smartcode_project:default project_id=1504 project_image_fid=272082]

The Queensbridge Building is designed to anchor the growing lifestyle precinct of Southbank, which is on the doorstep of Melbourne’s Arts Precinct, CBD, South Melbourne, and sporting and entertainment venues, with the addition of the soon-to-launch Hannah St Hotel to be operated by TFE Hotels, and five new restaurants and bars by hospitality operator The Mulberry Group – the creative minds behind Higher Ground, Hazel and The Kettle Black.

The food and beverage offering will encompass the Hannah St Coffee hole-in-the-wall coffee shop, Coupette Corner Bistro and Bar, the Terrace Lounge venue, Bar Hannah lobby bar and The Carriage Lounge, which is designed as a moody and intimate late-night retreat.

[smartcode_project:default project_id=1504 project_image_fid=272099]

Time &amp; Place Director and Founder Tim Price said&nbsp;The Queensbridge Building is shaping into the cornerstone of Southbank’s up-and-coming cultural and lifestyle scene.

"Punctuated by the Hannah St Hotel, new restaurants by The Mulberry Group, and experience-led residences that define the building, the precinct is certain to become one of Melbourne’s most popular.”

&nbsp;

&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272092]

Interiors at both The Queensbridge Building and Hannah St Hotel were thoughtfully curated by award-winning interior design practice <a href="https://www.apartments.com.au/interior-designers/flack-studio">Flack Studio</a>, with architecture by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a>. Hannah Street Hotel is now taking bookings.

Amenities at The Queensbridge Building include private outdoor terraces, gardens, lap pools, wellness spaces, gym and co-working, with Hannah St Hotel services available for residences at the Clubhouse.

For residents, the building is designed to imbue a feeling of “modern nostalgia” – a warm, inviting and authentic feeling of home, balanced by the quality, sophistication and materiality of today’s luxury living.

Prioritising floor-to-ceiling windows to maximise natural light, open floorplans and meticulously curated finishes, the project is designed to give residents a blank canvas to paint their own experiences onto.

[smartcode_project:default project_id=1504 project_image_fid=272106]

The team maintained an intrinsic focus on experience during development, The Queensbridge Building is a highly walkable location in the centre of a 15-minute neighbourhood. It will benefit from continued investment in local infrastructure, nearby event spaces, wellness facilities, private areas, hotel amenities and hospitality, culminating in a building designed for residents who crave authentic experiences.

&nbsp;

[smartcode_project_cta:default project_id=1504]

Time & Place completes stage one of The Queensbridge Building, unveiling Melbourne’s newest lifestyle precinct

The transformation of one of Sydney’s key innovation and employment hubs has taken a major step forward, with <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> securing development approval for its new residential project in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a>.

Approved by the NSW Minister for Planning and Public Spaces, the development at <a href="https://www.apartments.com.au/new-apartments/161-herring-road-macquarie-park-nsw-2113">161 Herring Road and 13-15 Lachlan Avenue</a> will deliver a 17-storey residential building comprising 181 one-, two- and three-bedroom apartments, including 29 affordable housing dwellings for key workers and lower-income earners.

Located just 300m from the Macquarie Park Metro Station, the State Significant Development forms part of the State’s broader strategy to deliver housing in well-connected, high-demand locations.

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a>, the project will feature landscaped communal areas, rooftop open space, and four basement levels providing 191 car parking spaces and dedicated bicycle facilities.

The development will also target an industry-leading 7-star average rating under the Nationwide House Energy Rating Scheme (NatHERS) and incorporate features including on-site solar energy generation.

Deicorp Chairman Fouad Deiri OAM said the approval reflected Deicorp’s ongoing commitment to delivering well-connected housing close to jobs, education and transport.

“Macquarie Park continues to evolve as one of Sydney’s most dynamic mixed-use precincts,"&nbsp;Fouad said.

"This approval allows us to move forward with creating high-quality, accessible homes that contribute to a more inclusive and sustainable community."

As part of the development, Deicorp will make a $2.8 million contribution to local community, cultural, and open space infrastructure, as well as a $1.6 million Housing and Productivity Contribution, supporting the delivery of local services and public amenities.

Located within walking distance of Macquarie University Metro Station and Macquarie Centre, the project adjoins the State Significant Macquarie Park renewal area, a key growth precinct identified for new homes, improved transport links and public domain upgrades.

With the development consent now in place, Deicorp will progress detailed design and early construction planning ahead of a targeted commencement in 2026. Deicorp currently has over 2000 apartments under construction across Sydney.

Deicorp greenlit for new Macquarie Park apartment project

Buying off the plan doesn’t mean buying blind. There are several new innovations that allow prospective purchasers to get a true feel for how the apartments are going to look once completed.

Melbourne developer <a href="https://www.apartments.com.au/developers/gamuda-land">Gamuda Land</a> has gone down the route of creating a prototype apartment for its St Kilda project, Fareham, allowing prospective buyers a first-hand look at the finished residences ahead of completion by Markscon.

“We understand that purchasing an apartment off the plan can feel like a leap of faith,” says Shawna Fam, Head of Sales &amp; Marketing at Gamuda Land Australia. “That’s why we’re proud to offer a hands-on experience that gives buyers complete confidence in their decision - from the finishes, to the outlook.”

[smartcode_project:default project_id=137950 project_image_fid=281451]

<a href="https://www.apartments.com.au/new-apartments/fareham-st-kilda-95-st-kilda-road-st-kilda-vic-3182">Fareham</a>&nbsp;has been designed by <a href="https://www.apartments.com.au/architects/bayley-ward">Bayley Ward</a>, with the architecture drawing on its coastal setting, with soft curves and materials that flow through into the interiors, reinforcing a sense of calm and connection to place.

There are still select opportunities across two, three, and four-bedroom layouts, which offer a sense of privacy with a maximum of just five apartments per floor.

Inside, residences have been designed with a practical mudroom at the entry, a rare inclusion in inner-city apartments, offering dedicated space for coats, shoes and bags. The open-plan living and dining area is bathed in natural light and oriented towards a private balcony, where future residents will enjoy uninterrupted views across Albert Park Lake and the Melbourne skyline.

[smartcode_project:default project_id=137950 project_image_fid=281437]

Clever touches such as a concealed Euro laundry ensure space is maximised without compromising on aesthetics or functionality - all reflecting the level of finish owner-occupiers can expect in the completed residences.

Sustainability has also been prioritised, with Fareham targeting an 8.0-star NatHERs average rating, achieved through solar integration, all-electric systems and water-sensitive landscaping.

With the structure now topped out, construction partner Markscon is advancing internal works throughout all 16 levels.

[smartcode_project:default project_id=137950 project_image_fid=281436]

Fareham is attracting steady interest from local downsizers, professionals, and families, seeking a home just 500m from the foreshore, with a tram, Albert Park Lake, and Fitzroy Street at the doorstep. Resident lifestyle has too been prioritized within the building, with private amenities including a rooftop terrace, yoga room, and a podium garden.

Fareham is on track to welcome buyers by mid-2026.

“From the very first enquiry, we’ve taken buyers through every aspect of the project in detail,” Shawna Fam added.

“One-on-one consultations help them explore layouts and finishes tailored to their lifestyle - it becomes a truly collaborative journey.”

[smartcode_project_cta:default project_id=137950]

Gamuda Land unveils display apartment at new Fareham development in St Kilda

Sekisui House Australia&nbsp;has commenced construction at <a href="https://www.apartments.com.au/new-apartments/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a> in St Leonards, its first new apartment development within Sydney's inner-ring.

The turning of the sod ceremony celebrated the start of works on the Lower North Shore development, which has already achieved sales valued at over $52 million as well as captured global attention.

Peter Valleau, Project Director, Apartment &amp; Mixed-Use Developments at Sekisui House Australia said the sod turning represents an important milestone for both Sekisui House Australia and the Waterstone project.

"After purchasing the site in 2024, commencing construction confirms the company’s commitment to delivering high-quality residential projects in Sydney," Valleau says.

[smartcode_project:default project_id=134191 project_image_fid=234]

“The Lower North Shore is one of Sydney’s most coveted growth areas, offering a high level of amenity, exceptional transport links and proximity to nature.”

Valleau said Waterstone reflects Sekisui House’s Japanese design philosophy, Satoyama, which balances harmony between people and nature.

“Waterstone has been designed to embrace both the natural and human environment. A ribbon of green runs through the centre of the site, connecting residents to communal amenities and the broader network of parks and pedestrian links in the surrounding community.”

[smartcode_project:default project_id=134191 project_image_fid=222]

Waterstone will deliver 207 apartments across five boutique buildings, incorporating sustainable design features such as a double-glazed façade system, rooftop solar PV panels and EV charging facilities.&nbsp;

Brett Talbot, Sales Manager for Waterstone, said the early market response within the first 12 weeks had exceeded expectations.

“Waterstone has achieved exceptional results since launch,"&nbsp;Talbot says.

"We have witnessed local, interstate – Canberra and Melbourne and even international buyer demand from Germany, where an Australian CEO is based.&nbsp;

“Many interstate purchasers are seeking a Sydney bolthole that combines the vibrancy of the city with a leafy, village-style lifestyle. The project’s design and quality have struck a chord with those wanting something timeless and well-connected.”

[smartcode_project:default project_id=134191 project_image_fid=229]

Sales have been spread across one, two and three-bedroom apartments, including a penthouse sale over $6 million, setting a record sqm apartment rate for Sekisui House Australia.

“Three-bedroom apartments have been the strongest performers, with many purchasers downsizing from large family homes in suburbs like Killara, Seaforth and Castle Hill," Tablot added.

"They are seeking a home that allows them to simplify without compromising on space, privacy or prestige.

“Buyers are drawn to Waterstone’s refined and organic design. The inclusion of multi-purpose rooms, double glazing, two secure car spaces and low strata fees have all been well received.”

[smartcode_project:default project_id=134191 project_image_fid=351953]

Award-winning builder <a href="https://www.apartments.com.au/builders/decode">Decode</a> has been appointed to deliver Waterstone.&nbsp;Ali Mobarak, Associate Director at Decode, said excellence is the company's mission.

"Our relationship-focused approach ensures seamless collaboration, efficiency and craftsmanship,"&nbsp;Mobarak says.

"We are honoured to be bringing Waterstone to life, a project that reflects the shared values of quality, innovation and sustainability that define both our organisations. Together, we are creating a benchmark development that will stand the test of time.”

[smartcode_project:default project_id=134191 project_image_fid=242]

Decode brings over 17 years of experience, delivering more than 50 completed projects in NSW valued at over $3.3 billion.

Sekisui House Australia has achieved a 4 Gold Star iCIRT rating, reinforcing the company’s commitment to quality and long-term investment in Australia.&nbsp;

Waterstone’s completion is expected in 2027.

[smartcode_project_cta:default project_id=134191]

Brett Talbot, Sales Manager for Waterstone, said the early market response within the first 12 weeks had exceeded expectations

Sekisui House Australia breaks ground at Waterstone St Leonards following positive sales results

Just weeks after unveiling its latest new Melbourne apartment development to the market, national apartment developer&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has secured the sale of its sub-penthouse.

A local downsizer has spent $6.25 million on a sub-penthouse in The Parker, just 24 apartments on the the doorstep of Caulfield Park. The sale equated to $23,000 per sqm.

The buyer was drawn to the&nbsp;park-fronted lifestyle and panoramic city and bay views.

[smartcode_project:default project_id=145454 project_image_fid=352395]

“The first sale at $6.25 million completely vindicated our decision to acquire the site and reimagine it for owner-occupiers,” said Andrew Leoncelli, Managing Director of Abadeen.

“We took what was originally conceived as a smaller apartment product and transformed it into something exceptional — larger homes of enduring quality and understated luxury.”

[smartcode_project:default project_id=145454 project_image_fid=352397]

<a href="https://www.apartments.com.au/new-apartments/the-parker-on-caulfield-park-219-balaclava-road-caulfield-north-vic-3161">The Parker</a>&nbsp;has been designed by&nbsp;award-winning architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/powell-glenn">Powell &amp; Glenn</a> and will be enveloped in landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>. It was the position within the context to the park that drove the design of the building, with 70 per cent of the apartments overlook the 28-hectare space complete with&nbsp;walking trails, ovals, and playgrounds.

“Caulfield Park isn’t a typical recreational space, it has a generosity and nuance in its layering of trees and light,” said Ed Glenn, Principal at Powell &amp; Glenn.

“Our aim was to create a building that feels grounded and connected, with spaces that open to the park and unfold with light. The architecture provides a sense of refuge and prospect, balancing intimate privacy with expansive views."

[smartcode_project:default project_id=145454 project_image_fid=352400]

The architecture is defined by sculptural columns that flare like tree trunks, cascading greenery by Acre that softens the façade, and interior spaces by Powell &amp; Glenn’s Clementine Jacobs that use stone, timber, and brass finishes designed to age beautifully over time.

“The Parker is about connection where the building meets the park, people meet nature, and elevated design meets everyday life,” said Brett Robinson, Creative Director of Acre.

“We’ve created lush, year-round gardens that drape the building, softening its form and bringing the outdoors in. Every balcony and outdoor space is treated as an intimate ‘room’ framed by planting, texture, and movement. Sustainability is about timelessness; using robust, natural materials and drought-tolerant plantings that endure.”

[smartcode_project:default project_id=145454 project_image_fid=353657]

This marks Abadeen’s fifth Melbourne project, following the recent sell-out of Malea in Malvern East and the launch of Grandview, Prahran East Village earlier this year, with two additional projects to be announced soon.

“The Parker offers something truly unique; design elegance, community connection, and green space at your door,” Leoncelli added.

“It’s the kind of place you dream about, then realise you can actually live in.”

[smartcode_project_cta:default project_id=145454]

Abadeen unveils The Parker in Caulfield North, secures $6.25 million sub-penthouse sale

Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<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/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Joel Robinson

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Joel Robinson

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News