An atypical masterplanned community in Australia is typically located 20 kilometres or more from our capital cities, where land is more abundant in growth corridors that are already, or soon to be, connected to the city by transport. These communities offer the most vacant land to expand outward rather than upward. In contrast, developers within capital cities are usually limited to smaller sites—around 2,000 sqm compared to 20 hectares—and therefore have to build upwards.

In recent years, however, some of Melbourne’s top developers have managed to carve out enough space in the inner-ring suburbs to offer the best of both worlds: partly going up, and partly going out.

Milieu, Sunkin, and Hamton are each working on neighbourhood-style precincts in Elsternwick, Highett, and Hawthorn.

Elsternwick Gardens by Milieu is the design-driven developer’s largest project to date. They secured the former ABC Studios site on Gordon Street in Elsternwick—a prime 11,740 sqm block located next to the heritage-listed Rippon Lea Estate, whose gardens are over 140 years old.

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Milieu embraced the proximity to Rippon Lea, cleverly creating a private gate between the new development and the estate, accessible exclusively by Elsternwick Gardens residents. They went to great lengths to create an extension of the gardens, which, once completed, will be maintained by the Rippon Lea Estate gardeners. Residents will also enjoy private, direct access to the historic gardens.

Milieu recently launched the first stage of <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, named Gordon Place, which includes the first two of six buildings planned for the community. These buildings have been expertly designed by Woods Bagot, in collaboration with K.P.D.O. for interior design, and Oculus for landscaping. Brady Constructions was recently appointed as the builder for the first stage, with construction set to begin later this year.

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Milieu Managing Director Michael McCormack describes Elsternwick Gardens as a "once-in-a-generation opportunity," highlighting the project's scale and the historical significance of its location.

"The sheer scale of the project, alongside the historical and cultural importance of the site, renders this our most significant undertaking to date."

There are one, two, and three-bedroom apartments on offer at Gordon Place, designed with a focus on indoor and outdoor living, as well as sustainability. All apartments will be fossil fuel-free, powered by renewable energy, and feature provisions for EV charging and water harvesting. Elsternwick Gardens will also include amenities such as wellness facilities, dog wash, and a hospitality offering.

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Developer Sunkin is dedicating over 40 per cent of its 9.63-hectare Highett site—one of the largest privately held sites in Melbourne—to parkland. The interspersed homes, a mix of apartments and townhouses, will be surrounded by a conservation area and a new one-hectare public park.

Construction on <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, led by SK Constructions—Sunkin’s building arm—is well underway, with the first tranche of residents set to move into the initial stage in the coming months. Once complete, Highett Common will be home to over 1,000 people. The precinct will also feature a new two-level public library, part of the Bayside Community Facility, which will include study areas, rooms for community classes and meetings, and an adjacent café.

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Resident amenities are divided into two zones. The Northern Residents’ Amenity will include an indoor lap pool, a gym with a wellness area, and a bookable private dining room. The Southern Residents’ Amenity will offer another gym with green views, an outdoor swimming pool, wellness hubs, and a cinema.

Sunkin has recently launched The Luxury Collection—just 12 residences that represent a new benchmark in quality and design for Highett. Each home in the collection includes three bedrooms, offered in a variety of layouts to suit different lifestyles—from penthouse-style apartments with wraparound terraces and Bayside views, to townhouse-style homes with direct access to landscaped grounds and children’s playgrounds.

To accompany the release, Sunkin is offering a range of incentives for Luxury Collection buyers, including a $12,000 furniture voucher from interior design experts Coco Republic, along with a complimentary styling consultation.

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Masterplan developer Hamton is the latest to unveil a nature-driven new precinct. They recently launched Scotch Hill Gardens (above), located on a former University of Melbourne campus site in Hawthorn. Approximately 40 per cent of the neighbourhood—over 6,500 sqm—will be dedicated to landscaping, including the planting of 151 new trees. Additionally, 77 established trees will be retained, providing tree canopy views from several of the apartments and the communal rooftop terrace, with sightlines back to the Melbourne skyline.

<a href="/new-apartments/scotch-hill-gardens-hawthorn-147-robinson-road-hawthorn-vic-3122">Scotch Hill Gardens</a> will comprise six buildings, ranging from four to eight levels. Architecture firm Woods Bagot drew inspiration from the organisation of lily pads on a pond—organic formations that are discrete yet interconnected, sitting lightly within their context. This approach aligns with the principles of "nature-based cities," integrating nature, amenity, wellness, and community into the urban fabric.

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The architecture of Scotch Hill Gardens reflects the heritage of Hawthorn, with each residential pavilion taking on a unique identity inspired by Victorian, Edwardian, and Federation styles. Woods Bagot has created a cohesive language that complements the natural landscape.

Interior design leader Cara Gabriel emphasises the importance of framing views of nature, stating, "We wanted the apartments to have a sense of quiet luxury, to allow the residents to look outside and appreciate the nature they’re surrounded by."

The development also prioritises sustainability, with features such as energy-efficient designs and the use of local materials. The integration of extensive green spaces not only enhances the aesthetic appeal but also promotes environmental sustainability and community well-being. Construction on stage one is set to start in Q3 2025 and complete in early 2027.

Joel Robinson

Inside Melbourne's new nature-based neighbourhoods

Brisbane developer Stockwell is planning more apartments in <a href="/developments/west-end-qld-4101">West End</a>.

The developer, who has delivered over 700 apartments in West End alone, has sought to add another 132 more.

They've filed plans to the Brisbane City Council for a 15-level tower on <a href="/new-apartments/33-vulture-street-west-end">33 Vulture Street</a>, on the site of the former&nbsp;Queensland Can Factory. The proposal retains two of the 1939 factory facades along Paris and Turin streets.

<img alt="Stockwell" data-entity-type="file" data-entity-uuid="9d1995f6-7dc6-4128-9230-a782f07036a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-01%20at%201.27.36%E2%80%AFPM.png?VersionId=xPeG9a5ZlNt_lIM7greLwk4EgO4CZkxg" />

The apartments will sit above two levels of retail that will activate the Vulture Street frontage. The first floor tenancies have an outdoor balcony which overlooks Vulture Street and are accessed by their own lift and staircase. The residential tower is set back from the character walls and the new brick façade.

Residents will have private access to the rooftop where there will be a 16m infinity pool, adjoining deck with day beds and a sauna, and a spa. The roof will also home several outdoor dining areas and barbecue spaces, as well as a multi-use function space and a gym. The rooftop of the car park levels will have a dog park and a herb garden.

<img alt="Stockwell" data-entity-type="file" data-entity-uuid="0c73291e-14a7-46dc-9951-9523f17f2249" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-01%20at%201.27.40%E2%80%AFPM.png?VersionId=H6sExxvZpPZlFjqo8D7FoJZs1EDGvfJK" />

The Design Statement by Mode said the Vulture Street residential façade is split into two distinct elements with a vertical planted break which also allows natural cross ventilation to the residential corridors.

"Each of the two elements of the façade has a different treatment in terms of color and balustrading to provide identity and reduce visual mass," the statement noted, adding that the&nbsp;architectural language and expression of the retail component is derived from the character factory walls and the brick façade of the West End State School.

<img alt="Vulture St" data-entity-type="file" data-entity-uuid="a3fcb4da-3e73-409d-869b-879be2824878" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-01%20at%201.28.06%E2%80%AFPM.png?VersionId=l4lSHGix.IF5dN0TiuT7bXYBI2O1dZlu" />

Stockwell's latest development is in West End. They are currently selling Bankside, 78 one, two, three and four-bedroom apartments.

<a href="/developers/stockwell">Stockwell</a>, which was founded in the early 1950s as a construction company, are also behind Cremorne on Fish Lane and Croft on Fish Lane, in the popular new precinct in South&nbsp;Bri​sbane.

First look: Stockwell files for new Vulture Street, West End apartment tower

For years, Michelle and Wade had cruised the Broadwater, often docking at the Main Beach Yacht Club and dreaming of a life closer to what they call their second home.

What started as a holiday habit quickly turned into something more permanent when they discovered <a href="/developers/drew-group">Drew Group</a>’s dual-tower apartment development, <a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon</a>, in <a href="/developments/main-beach-qld-4217">Main Beach</a>.

For Michelle and Wade, long-time Broadbeach locals and passionate boating enthusiasts, the decision to downsize wasn’t made overnight. But when the opportunity arose to call Lagoon home, it felt like everything fell perfectly into place.

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The couple recently secured a three-bedroom plus multipurpose room residence in the Sunrise Tower of Lagoon,&nbsp;with panoramic views and an enviable connection to the Broadwater lifestyle they adore.

“We live on our boat just as much as we live at home,” Michelle said.

“We were spending holidays at the yacht club just around the corner. It was during one of those stays we first came across Lagoon—started looking at the floorplans and just thought, ‘We can really do this.’”

`The couple live in a five-bedroom, two-level home in Broadbeach Waters, but Michelle was ready for a change. She couldn’t convince Wade when they first looked at Lagoon, but they came back a year later when the project began rising from the ground and they could see extensive progress in construction.

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“Once we saw it in real life, it all just clicked”, Michelle recalled.

For the couple, Main Beach and Lagoon offers everything they need.

“We feel like we’re not losing anything by downsizing, in both the space offered at Lagoon as well as the facilities like a lagoon style swimming pool and a top-tier gym.”

&nbsp;

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Their new home at Lagoon offers a low-maintenance, lock-and-leave lifestyle that supports both relaxation and activity. “When we’re home, I want to be on the boat, and not mowing lawns,” Wade said. “Lagoon gives us that freedom.”

They liked the peace and quiet of Main Beach compared to neighbouring suburbs, but also loved the fact it still has significant waterside amenities on The Spit and an increasingly thriving hospitality and retail precinct on Tedder Avenue and at Marina Mirage.

[smartcode_project:default project_id=108747 project_image_fid=284864]

One of the main drivers in purchasing off the plan was what friends and locals said about those behind the project.

“Everyone knows Hutchies as a builder,” Michelle said. “Drew Group was a new name to us, but everyone we’ve spoken to in the local community has nothing but praise for Jon Drew. Friends who know people in the industry spoke very highly of him and we value their opinion.”

Hutchinson Builders is approaching topping out of the two towers. Drew Group expects Lagoon residents to move in over the summer.

Michelle and Wade took part in Urban's Buyer Q&amp;A series which focuses on the driving factors behind buying off the plan property in Australia

[smartcode_project_cta:default project_id=108747]

From Broadbeach to Main Beach: Why local downsizers are making the move to Drew Group’s Lagoon Main Beach

<a href="/developers/sma-projects">SMA Projects</a> believes in flexibility when it comes to property development, making it easier for their purchasers, the majority of whom are downsizers, to transition from their family home into a new apartment.

As well as offering <a href="/news/vic/why-the-ability-to-customise-is-a-crucial-offering-in-the-off-the-plan-apartment-market">customisable floorplans to suit a buyers' needs</a>, the lifestyle developer also offers a stress-free way of downsizing.

Their 'Settle When You've Sold' initiative allows those coming from another home to wait until they have sold it before settling on their new apartment, removing the complexity of coordinating the sale of their current home in time for building completion.

The flexible scheme is available to buyers at its latest apartment development <a href="/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent Fitzroy</a>, a reimagination of the old Regent Theatre which once stood on the <a href="/developments/fitzroy-vic-3065">Fitzroy</a> Street site.

[smartcode_project:default project_id=24824 project_image_fid=304614]

The Regent will comprise 64 one, two, and three-bedroom apartments, with two-bedroom, two-bathroom residences starting from $725,000.

Designed by acclaimed architecture firm <a href="/architects/hayball">Hayball</a> with interiors by <a href="/interior-designers/studio-tate">Studio Tate</a>, The Regent is a tribute to Fitzroy’s storied past and dynamic present. It features two distinct interior schemes: the Classic Collection, a Nordic-inspired light palette, and the darker, moodier Arthouse Collection.&nbsp;

Each residence is crafted to evoke the cinematic glamour of the original Regent Theatre, from arched ceilings and art deco-inspired detailing in the foyer, to expansive living areas that open onto private balconies or terraces.

[smartcode_project:default project_id=24824 project_image_fid=304767]

Residents at The Regent will enjoy access to a 315 sqm rooftop terrace with panoramic views of the city skyline, complete with BBQ and dining spaces.

A resident guest suite offers a hotel-style option for visiting friends and family, while pet owners will appreciate the convenience of an on-site dog wash.&nbsp;

The inclusion of a resident workshop also reflects SMA Projects’ dedication to supporting a lifestyle that is both creative and practical.

[smartcode_project:default project_id=24824 project_image_fid=304766]

The Regent will rise from a prime corner site bordering Fitzroy and Johnston Streets, one of the most walkable developments currently being delivered in the area. Think walking distance to artisan cafes, independent boutiques, leafy parks, and renowned restaurants.&nbsp;

Currently off the plan apartment buyers in Victoria can purchase with no stamp duty, but only until the end of October 2025.

[smartcode_project_cta:default project_id=24824]

The Regent will rise from a prime corner site bordering Fitzroy and Johnston Streets, one of the most walkable developments currently being delivered in the area

SMA Projects makes downsizing easier at The Regent Fitzroy with ‘Settle When You've Sold’ initiative

Golden Age Group&nbsp;has appointed Figurehead as the construction partner for its Box Hill South townhouse development, Wembley Hill.

The first release of the 143 townhouses at the Hay Street development will start construction soon, and are expected to be completed in Q3 2026.

The appointment of <a href="/builders/figurehead-construction">Figurehead Construction</a> is the second time Golden Age has partnered with the Melbourne-based firm to deliver a residential community, following the successful completion of the Floret townhome project in Glen Waverley.

&nbsp;

"We are excited to partner again with Figurehead Construction for the construction of <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a>, a development that embodies our commitment to creating sustainable, high-quality living spaces," Golden Age Group Development Director, Damien Hehir, said.

"This project is set to redefine modern living in Melbourne's eastern suburbs, supplying families and home buyers an opportunity to invest in a vibrant, connected community."

[smartcode_project:default project_id=104627 project_image_fid=222327]

<a href="/developers/golden-age-group">Golden Age</a>&nbsp;has released the next stage of Rothelowman-designed townhouses. The new collection, Amber, draws&nbsp;inspiration from the liquidambar trees planted throughout the streetscapes, creating vibrant green links that connect different sections of the community masterplan.

Families and couples have been the most active buyers at Wembley Hill, drawn to&nbsp;its prime location amenities, sustainability focus, and design-led, cost-effective living.

[smartcode_project:default project_id=104627 project_image_fid=222319]

Sustainability and design are at the heart of the project, imagined by <a href="/architects/cox-architecture">Cox Architecture</a> and acclaimed landscape architects <a href="/landscape-architect/tcl">TCL</a>. The expansive 13,000 sqm of landscaped gardens, tree canopies, and native greenery create a transition into the nearby Gardiner’s Creek Trail.

TCL’s design responds to the adjacent KooyongKoot (Gardiners Creek) corridor, with a planting scheme that supports local biodiversity, flora and fauna. A rich mix of new trees, shrubs, and grasses contributes to the project’s long-term ecological and community value.

&nbsp;

[smartcode_project_cta:default project_id=104627]

Families and couples have been the most active buyers at Wembley Hill, drawn to its prime location amenities, sustainability focus, and design-led, cost-effective living

Golden Age Group appoints Figurehead to build Wembley Hill, Box Hill South townhouses

Barry Morris’ <a href="/developers/morris-property-group">Morris Property Group</a> has been central to the transformation of the nation’s capital since their first investment in the late-1970s.

Now the developer is onto their 78th project, having already delivered over 7,000 apartments over the last four decades.

Their most recent development, <a href="/new-apartments/iris-belconnen-53-benjamin-way-belconnen-act-2617">Iris</a>, will bring 239 one-, two- and three-bedroom apartments to the heart of <a href="/developments/belconnen-act-2617">Belconnen</a>. 

Iris, designed by <a href="/architects/guida-moseley-brown-architects">Guida Moseley Brown Architects</a>, will feature four low-rise buildings on Benjamin Way, a stone’s throw from the growing town centre.

[smartcode_project:default project_id=149774 project_image_fid=346516]

The apartments all feature the must-haves in apartment living, like hybrid timber flooring, double-glazed windows, ducted reverse-cycle air conditioning systems, and large sliding glass doors that open up to private balconies.

Kitchens will feature European appliances by Franke, and Cassa Luso tapware will be used in both the kitchens and bathrooms.

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Iris residents will be well-serviced with a full 1,875 sqm retail precinct on the ground level, as well as a range of private resident facilities like a gym, yoga lawn, sundeck, and swimming pool. 

The one-bedroom apartments, with over 60 sqm of living space and a parking spot, start from $479,900 — well below the near-$600,000 median of units in Canberra.

[smartcode_project:default project_id=149774 project_image_fid=346511]

Iris will rise from a prime 8,000 sqm-plus site on Benjamin Way, walking distance from Westfield Belconnen, home to over 270 specialty retail, food, and beverage outlets. It is also a short walk to the newly revitalised Capitol Food Market, which brings local businesses and farmers together to support the local community and enjoy fresh produce and multicultural cuisine.

The rest of Canberra can be accessed easily via the Belconnen Bus Interchange, next door to the Westfield.

Morris Property Group’s in-house construction business will be responsible for the delivery of the build.

[smartcode_project_cta:default project_id=149774]

Iris will rise from a prime 8,000 sqm-plus site on Benjamin Way, walking distance from Westfield Belconnen, home to over 270 specialty retail, food, and beverage outlets

Morris Property Group continues Canberra transformation with new Belconnen apartments

The small Gold Coast suburb of <a href="/developments/palm-beach-qld-4221">Palm Beach</a> has been one of Australia’s most in-demand locations for new apartments since 2020. Much of the suburb’s development has taken place— and continues to take place—along the Gold Coast Highway and just off the beachfront, where apartments are now achieving prices that would have seemed unthinkable just five years ago.

When Sydney-based developer <a href="/developers/abadeen-group">Abadeen</a>&nbsp;decided to introduce its luxury brand to the Gold Coast, it took a different approach. The group secured an amalgamated site on Mawarra Street, toward the northern end of Palm Beach and on the western side of the Gold Coast Highway. While not directly on the sand, the site is just 400 metres from the beach, allowing Abadeen to offer a broader mix of apartment configurations and price points—something rarely seen in a market where new apartments often start from $3 million.

[smartcode_project:default project_id=106840 project_image_fid=336441]

<a href="/new-apartments/villea-palm-beach">Villea</a>, Abadeen’s debut Gold Coast project, comprises just 69 two and three-bedroom apartments, priced from $995,000 to $2,715,000. Residents will enjoy the laid-back Palm Beach lifestyle—without the beachfront premium.

Now well advanced in construction and on track for completion before Christmas, Villea is located less than 400 metres from Palm Beach’s northern sands. Its position also places residents just a 10-minute walk from Tallebudgera Creek, the natural waterway dividing Palm Beach from Burleigh Heads.

[smartcode_project:default project_id=106840 project_image_fid=336449]

Affectionately known by locals as Tally Creek, this lifeguard-patrolled inlet is one of the Gold Coast’s most beloved family-friendly beaches. The calm, bay-like waters are ideal for swimming and paddleboarding, and there’s even a section of the sand designated as an off-leash dog area.

Just 600 metres from Villea is Canvas Palm Beach, one of the Gold Coast’s most popular cafés. Doubling as a boutique homewares store, Canvas serves breakfast, lunch, and drinks until 3pm daily.

While Palm Beach’s wider lifestyle offerings are a major drawcard, Abadeen has also prioritised on-site convenience. Villea will feature a ground-floor retail precinct, including a café and several yet-to-be-announced boutique retail tenancies, delivering everyday amenity right at residents’ doorstep.

[smartcode_project:default project_id=106840 project_image_fid=336445]

Connectivity will soon be another key advantage. The proposed Nineteenth Avenue light rail stop—part of the $4.4 billion G:Link extension—will be located just 650 metres from Villea’s entrance. Once complete, it will provide direct links south to Coolangatta and north through Broadbeach and Surfers Paradise, all the way to Helensvale.

Families are also showing strong interest in the project, thanks in part to Villea’s close proximity to Palm Beach State School, located just 300 metres away, as well as the large floorplans that range in size up to 163 sqm.

[smartcode_project:default project_id=106840 project_image_fid=336442]

Villea will also feature several resident-only facilities, from a resort-style swimming pool to a fully-equipped gym.

Builder Emicon is soon to top out the eight-level structure which was designed by local architecture firm BDA.

[smartcode_project_cta:default project_id=106840]

Abadeen finds untapped Palm Beach pocket for debut Gold Coast apartment development, Villea

Respected builder-developer DASCO has unveiled its highly anticipated Danks St District, set to become the largest and most design-focused residential and retail village in the heart of Waterloo.

DASCO, a family-run company founded over three decades ago by Daniel and Salim Nicolas as a construction and design firm, secured the large disused 1.7-hectare site on the corner of Bourke, Young, and McEvoy Streets in 2023.

They have now launched the first stage of the precinct. The precinct comprises the delivery of six new residential buildings, and later the restoration of two heritage-listed structures: the 1922 Pumping Station and the 1935 Valve House.

[smartcode_project:default project_id=111820 project_image_fid=344700]

The new buildings, designed by Bates Smart, MHNDU, Fieldwork and Richards and Spence, vary in size and density—from a stepped 20-level tower with terraces adjacent to a new park, to a boutique six-level plaza building with just 23 apartments. The architecture pays homage to Waterloo’s industrial past through expressive brickwork and sculptural form.

The first release, Bourke Street Residences, features a mix of one, two, and three-bedroom apartments, designed by MHNDU in collaboration with Melbourne-based landscape architect Fieldwork.

[smartcode_project:default project_id=111820 project_image_fid=344702]

The sculpted building draws inspiration from the site's natural environment and existing heritage structures, blending old and new in a refined, contemporary form.

Residents of Bourke Street Residences will also enjoy private amenities, including a rooftop garden with city views, a sheltered barbecue area, an outdoor gym, and a soundproofed music room.

DASCO CEO Michel Najjar said Danks St District presented an opportunity to deliver a landmark lifestyle community that benefits from the highly desirable Redfern and Surry Hills villages. He said the project will be extremely popular with owner-occupiers, investors, and tenants.

Danks St District will no doubt draw attention from the likes of Redfern and Surry Hills with its communal gardens and central plaza filled with retail and dining spaces.

[smartcode_project:default project_id=111820 project_image_fid=344590]

DASCO, an iCIRT-rated builder-developer, has also secured the highly sought-after Latent Defects Insurance policy from Resilience Insurance. The insurance, which can only be taken out by the developer and not the property owner, protects homeowners from major structural or waterproofing faults for 10 years post-completion.

The Danks St District will deliver 373 much-needed dwellings to Sydney's housing supply on a prime 17,000 sqm+ inner-city site.

[smartcode_project:default project_id=111820 project_image_fid=344704]

DASCO co-director Daniel Nicolas said Sydney’s housing crisis has highlighted the desperate need for a stronger pipeline of projects that will help alleviate rapidly increasing rents and provide a greater diversity of housing within the inner city. He noted that "research shows inner-city approvals have plummeted to record low levels in recent years and new project releases and completions have also stalled."

He added, "All the metrics indicate there is a dire problem with low vacancy rates and soaring rents. Net overseas migration figures have returned to pre-COVID levels and the demand for quality residential living, particularly in this location, remains as high as ever from students, singles, couples, and young families."

"With fewer development sites of this scale and calibre available in prime and prestigious locations, we see this as an essential opportunity for us to deliver an impressive legacy project."

[smartcode_project_cta:default project_id=111820]

The Danks St District will deliver 373 much-needed dwellings to Sydney's housing supply on a prime 17,000 sqm+ inner-city site

DASCO launches game-changing new Waterloo precinct, Danks St District

A few days after confirming their $70 million purchase of an unrepeatable development site in Miami, <a href="/developers/monaco-property-group">Monaco Property Group</a> has submitted plans for their luxury tower in Miami.

They're sticking with the name Nalu, which is the name of the current holiday block that was developed as Nobby's Outlook in the 1970s. It currently&nbsp;comprises four connected two-level buildings with 46 two and three-bedroom apartments, most recently operated as long-term rentals.&nbsp;

Monaco Property Group, directed by Jonathan Grasso and businessman Jay McPhee, has had <a href="/architects/koichi-takada-architects">Koichi Takada Architects</a>&nbsp;work with&nbsp;<a href="/architects/bda-architecture">BDA Architecture</a>&nbsp;to create 46 apartments across a striking curved tower at 122 Marine Parade.

The two architecture firms shared in their design statement submitted to the Gold Coast City Council that Nalu "embraces the Miami context of lush landscape, open architecture, beachfront living and active lifestyle."

<img alt="Nalu, Miami" data-entity-type="file" data-entity-uuid="50b74b21-c3ea-42c3-ba65-6f1b7fd3c56e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Nalu%20perspective.png?VersionId=n8P7qlmWIDksyPI5W1nu3dzH8gghR8g5" />

They said the building has&nbsp;been positioned to open out to the ocean, but also blend with the mountain behind.

The mostly four-level building, with a partial fifth level for private rooftop terraces in the more premium apartments, has been designed in a U-shape so the communal spaces face the ocean. Residents will have access to a central resort-style pool, lounge,&nbsp;gym, yoga area, hammam, steam rooms, and hot and cold plunge pools.

<img alt="Nalu" data-entity-type="file" data-entity-uuid="385f9b8c-758b-4e01-b559-d6ed4a8c3862" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%203.37.34%E2%80%AFPM.png?VersionId=PPq9s1gOeBH_h4g6mwMWEkIzt1cv6FSP" />

The 46 two, three, four and five-bedroom apartments have been designed to maximise views, ventilation, and solar protections, while also protecting the privacy of the residents.&nbsp;Each apartment features expansive wrap-around balconies that serve as outdoor living areas.

One basement level will provide parking for 139 residential vehicles and eight visitor vehicles, which will access Nalu from porte-cochère entrance on Fraser Avenue.

<img alt="Nalu" data-entity-type="file" data-entity-uuid="dea65c52-f139-43e3-b569-f7ed6c5eadcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%203.37.29%E2%80%AFPM.png?VersionId=.PiTs6LGsPeYvXNOcMfx09t3pPJUA.ad" />

On the site acquisition, Grasso said the site was one of the&nbsp;best beachfront development sites on the eastern seaboard of Australia.

“The site is not only one of the largest beachfront development sites on the&nbsp;<a href="/developments/gold-coast-qld" target="">Gold Coast</a>, but its position overlooking&nbsp;<a href="/buildings/the-beachfront-buddina-84-85-pacific-boulevard-buddina-qld-4575" target="">the beachfront</a>&nbsp;and close proximity to the heart of Nobby Beach provides a truly unique opportunity for our team to create an incredible residential development that will be a legacy for years to come.”

On the site acquisition, Grasso said the site was one of the best beachfront development sites on the eastern seaboard of Australia.

First look: Monaco Property Group reveals plans for new luxury Miami apartment development

Following the successful Long Pocket townhouse development in Indooroopilly, developer Shayher Group has filed plans for its next installment of new dwellings in the area, just next door.

The new project at <a href="/new-apartments/34-jacaranda-place-indooroopilly">34 Jacaranda Place</a>, across the road from Jacaranda Place Reserve and adjacent to Handel Street Park, will comprise two low-rise buildings with&nbsp;76 two and three-bedroom apartments. The apartments are split into two different buildings, Parkview and Riverview, due to the orientation of the two structures on the 6,609 sqm site.

<img alt="Shayher" data-entity-type="file" data-entity-uuid="02a61e78-5829-442a-842d-5c45a9aadafd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%201.22.24%E2%80%AFPM.png?VersionId=Pq.T57g2iDyGL0iZ9LTSYe8OA4evnj2d" />The Parkview apartments. Image credit: JHA

Brisbane architecture firm JHA said in their Architectural Design Report that was submitted to Brisbane City Council last week that the&nbsp;architectural vision for this development is to "create a harmonious blend of elegance and functionality that resonates with the surrounding natural landscape."

"Inspired by the gentle flow of the Brisbane River, the design features soft curves and fluid lines that evoke a sense of movement and connection with nature. This fluidity is intended to reflect the tranquil ambiance of the nearby park and reserve."

<img alt="Jacaranda" data-entity-type="file" data-entity-uuid="381e7689-7b10-4837-956f-18acf0de780f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%201.22.11%E2%80%AFPM.png?VersionId=ECMzpkpW1c4A.tNsFMsldWNrJ53NhrrX" />The Riverview apartments. Image credit: JHA

There was a pre-lodgement meeting held between Shayher and the Brisbane City Council which stated the&nbsp;proposed land use for a medium-density residential development is supported and consistent with the existing approvals in effect over the site.

The Council did suggest that both the buildings, which approach 60-metres in length, are "not sufficiently broken up to reduce the apparent bulk." They suggested several options, to either steep the building levels up towards the Brisbane River, or tweak some of the setbacks.

Future residents of the new project will have access to a rooftop amenity level with an infinity pool atop the Riverview building and an outdoor lounge setting and yoga lawn crowning the Parkview block.

<img alt="Shayher" data-entity-type="file" data-entity-uuid="95e80dc0-ef7c-4955-b6d7-7167f822b0d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-28%20at%201.22.39%E2%80%AFPM.png?VersionId=t2asBpt5jshfMGbvLMGMVpZvXgakaPbM" />

Shayher finished Long Pocket, 45 four-level townhouses next door, in 2024.

They have another multi-stage masterplan, the Bulimba Barracks redevelopment which is starting to gather momentum. Last year they <a href="/news/qld/first-look-exclusive-shayher-group-file-for-first-stage-of-bulimba-barracks">filed plans for the first residential stage</a>.

First look: Shayher Group reveals next Indooroopilly stage

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

How first home buyers can enter the Sydney property market for under $500k

Australia’s housing debate has rarely been more urgent. The National Housing Supply and Affordability Council forecasts the country could fall around 262,000 homes short of housing needs by 2029, underscoring the scale of the challenge facing planners, governments and developers.

In response, much of the conversation has centred on high-density towers around transport corridors and strategic centres.

Diversified developer Coronation Property, while also focused on well-located, strategic sites, is incorporating an arguably underutilised typology, the terrace.

Difficult to integrate into true high-rise developments, terraces have become a defining feature of Coronation’s lower-rise portfolio, including projects in Ashbury and Erskineville. <a href="https://www.apartments.com.au/buildings/ashbury-terraces-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a> places a stronger emphasis on this housing type, forming part of a broader community mix.

At its Erskineville development, <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, terraces are more limited, with just a handful&nbsp;included within the wider, predominantly apartment-led precinct, one of the first developments to launch in Erskineville in several years.

[smartcode_project:default project_id=135149 project_image_fid=368392]

Terrace residents at Lillian benefit from many of the same advantages as apartment owners, the lock-up-and-leave lifestyle and access to shared amenities like the rooftop wellness space, but with significantly more space.

Spanning multiple levels, the terraces also feature front and rear courtyards, providing direct access to the central landscaped gardens within the precinct.

<h3 data-end="212" data-section-id="1n97jye" data-start="191">The terrace model</h3>

Terrace housing has long been part of Australia’s urban fabric. From Paddington and Surry Hills to Glebe and Annandale, rows of terrace homes have shaped neighbourhood streets, offering a housing form that sits between detached houses and apartments.

The contemporary terrace, however, addresses many of the limitations of older designs, where narrow staircases and constrained layouts often compromised liveability.

[smartcode_project:default project_id=135149 project_image_fid=368157]

“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

Joel Robinson

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