Belconnen's growing town centre is set to continue to evolve with plans filed to turn a temporary car park into more apartments.

The new plans are for the penultimate, and final stages of the Linq precinct,&nbsp;which is being delivered by&nbsp;NDH Property Group, a joint venture between KDN and Evri Group.

Stage 2B will add a further 151 apartments, across two 13-level towers on the 6,601 sqm site at <a href="/new-apartments/103-eastern-valley-way-belconnen-act-2617">103 Eastern Valley Way</a>. The car park currently provides temporary surface parking for nearby commercial and residential developments within the Belconnen Town Centre.

Stage three will be a further 300 apartments.

<img alt="Belconnen" data-entity-type="file" data-entity-uuid="41c0ccfa-df14-4a0c-b520-7ac0d67f8e1a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-08%20at%209.53.00%E2%80%AFAM.png?VersionId=_31WmacTCgNH8fFFhwp_fLepdqKyJSfW" />

&nbsp;

&nbsp;

The two towers in Stage 2B, designed by SJB Architects, will provide a mix of one, two, and three-bedroom apartments, aimed at both residents and investors looking to capitalise on the increasing demand for housing in this central location.

Every apartment is designed with dual-aspect orientations, maximising sunlight access and cross-ventilation.

The project will also feature ground-floor retail spaces, integrated public spaces, and communal gardens, with a particular focus on enhancing connectivity and pedestrian accessibility across the wider precinct.&nbsp;

The development’s podium design, shared between the two towers, will include green spaces, retail, and leisure areas, making it a central hub for both residents and visitors.

The two towers will feature a distinctive red-brick base, reflecting the architectural language of Belconnen's established character. The stepped podium design ensures a smooth transition in scale from the nine-storey Linq Stage 1 to the taller developments to the north, such as Republic, which rises up to 27 storeys. This approach minimises the visual impact of the development while maintaining the necessary residential density to support Belconnen’s urban renewal vision.

<img alt="Belconnen" data-entity-type="file" data-entity-uuid="48757413-11c0-4861-8676-6d7a88aca408" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-08%20at%209.51.38%E2%80%AFAM.png?VersionId=_gC.BpE7D6U6a839e5.aJLuukjDdptqM" />

A major element of the design is the creation of a new east-west pedestrian link that enhances accessibility from Eastern Valley Way through to Cameron Avenue. This link connects to a shared communal park that integrates with the public realm, offering green spaces for socialising, recreation, and relaxation. The retail and commercial spaces will be strategically positioned to create a more activated and pedestrian-friendly streetscape.

The development is situated within Belconnen's rapidly evolving town centre, surrounded by other key developments, including the nearby Belconnen Arts Centre, retail precincts, and access to public transport.&nbsp;

The site is also well connected to the University of Canberra and Lake Ginninderra, further enhancing its appeal for residents seeking a convenient, vibrant urban lifestyle.

Recently Canberra developer Morris Property Group launched Iris, at <a href="https://www.apartments.com.au/new-apartments/iris-belconnen-53-benjamin-way-belconnen-act-2617">53 Benjamin Way</a>, nearby.

The 239 apartments start from $479,900.

The two towers will provide a mix of one, two, and three-bedroom apartments, aimed at both residents and investors looking to capitalise on the increasing demand for housing in this central location

Joel Robinson

Belconnen's final stages of Linq masterplan revealed

<a href="/developers/frasers-property">Frasers Property Australia</a> is mixing up their upcoming Newstead residential development, changing the plans to focus on the higher end of the market.

They're now proposing 70 apartments across two 16-level towers on a 3,016 sqm site on the <a href="/new-apartments/19-chester-street-newstead-qld-4006">corner of Chester and Morse Street</a>. There will also be three street-level terraces, a rarity so close to the popular James St retail precinct.

Frasers Property Development Director Jamisen Rivera said the upscale project felt like a natural progression following the delivery of luxury townhomes and apartments at Hamilton Reach.&nbsp;

“This rare site presented a unique opportunity to blend the blue-chip aspects of New Farm with the urban excitement of Newstead’s thriving scene and is primely positioned to link two of Brisbane’s most iconic precincts, walkable to both James Street and The Gasworks,"&nbsp;Rivera said.

“Carefully curated by our experienced consultant team, the residences are as luxurious as they are diverse, &nbsp;with a mix of two-, three- and four-bedroom apartments designed to maximise the 360-degree views to the CBD, New Farm, North Brisbane and Hamilton Northshore, enhancing the living experience from the inside out.”&nbsp;

<img alt="James Street, Brisbane" data-entity-type="file" data-entity-uuid="9622a92c-59ea-4974-9a9f-41f2992e79c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hero%20Render.jpg?VersionId=rzkLk.nPWXlUcBRS8rXDIlXLmT6_T1N." />

<a href="/architects/rothelowman">Rothelowman</a> Principal Architect Jeff Brown said the design was a celebration of Brisbane’s unique environment.&nbsp;

“The Newstead project design is a deliberate response to the opportunities presented by Brisbane’s iconic sub-tropical climate," Brown said.

“The apartments are unique in that they offer a quality of space usually found in the best detached houses of our city, with a focus on optimising natural ventilation and light, with spacious open-plan living pavilions anchored by two distinct sleeping wings. &nbsp;

“The plan form of the building allows for all dwellings to be corner apartments, gaining multiple frontages and expanded vistas. All of the layouts include multi-purpose rooms that can be adapted for varying uses, &nbsp;ideal for a seamless transition from living in a traditional house to a luxury apartment.”&nbsp;

<img alt="James Street, Brisbane" data-entity-type="file" data-entity-uuid="c61bd550-4a2e-4c10-8427-ceeb27799222" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Laneway%20Entry%20Render.jpg?VersionId=Zbv1yLGqi_VoiXKQH3Cpwx6I765U_LRH" />

Rivera said the Newstead project was further elevated by its on-site amenities, designed to promote connectivity from the ground up.&nbsp;

“We want our residents to become embedded in their community, so the design includes a public plaza on Morse Street with a generous open-air garden, providing true street activation. There is also an intimate resident park to serve as a ‘backyard’, a meaningful space connecting residents with their environment.

“On the rooftop, recreation pavilions on each building include shaded terraces, dining pavilions, BBQs, lawns and pools, fostering a sense of community in each tower.&nbsp;

“With retail amenities surrounding the site, we will bring this project into the fold with a substantial retail offering on the ground level.”&nbsp;

Frasers Property has three active residential projects across Brisbane, including house and land packages at The Quarry in Keperra, townhomes and apartments at Hamilton Reach and build-to-rent apartments at Brunswick &amp; Co. in Fortitude Valley.

Frasers Property to target Brisbane’s luxury market with apartments and terraces in Newstead

Fresh off the recent completion of their boutique <a href="/new-apartments/caloundra-qld-4551">Caloundra apartment development</a> Bianco, local Sunshine Coast developer RCQ is moving onto their next project, just down the street.

They've filed plans for three towers on a prime 3,640 sqm site at <a href="https://www.apartments.com.au/new-apartments/124-126-bulcock-street-caloundra-qld-4551">126-140 Bulcock Street</a>, comprising a mix of short-stay and traditional build-to-sell apartments. The three towers, with 155 units, will be delivered in two stages.

<img alt="RCQ" data-entity-type="file" data-entity-uuid="a1b51865-4d9c-4de1-903e-903e336efe6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-07%20at%204.24.09%E2%80%AFPM.png?VersionId=VxEWfrh1B03I8vhdp0KzUHdyQ5y3iR7C" />

Designed by Architectus, the development reflects the site’s coastal setting, featuring towers with "elegant curves and a podium with a brick facade, a modern interpretation of Caloundra’s heritage and natural beauty."

"The proposed mixed-use development on Bulcock Street, Caloundra, adopts a context-sensitive mixed-use precinct that supports residential and civic functions, reinforcing the site's role within Caloundra’s evolving town centre and aligning with strategic planning goals," the Design Report submitted to the Sunshine Coast Council noted.

The building will feature&nbsp;open-air terraces and high-quality resort-style amenities including pools, wellness areas, and public areas that enhance community connectivity.

<img alt="RCQ" data-entity-type="file" data-entity-uuid="78ed23f9-04fd-42ce-91b5-8051b8527959" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-07%20at%204.24.36%E2%80%AFPM.png?VersionId=wm7LPv4p0Bhkd2xfDq0u8VIIea81zB8h" />

Caloundra is going through a renaissance of sorts.

Brisbane builder-developer Gardner Vaughan Group will later this year launch <a href="/new-apartments/eden-caloundra-1-9-bulcock-street-caloundra-qld-4551">Eden Caloundra</a>, down the street at 1-9 Bulcock. It was announced in June they secured 5,289 sqm, where they are planning 179 apartments across two towers.

GVG Director Sam Gardner says&nbsp;Bulcock Street is one of the premier streets in&nbsp;<a href="https://www.apartments.com.au/developments/caloundra-qld-4551" target="">Caloundra</a>, but it's been left behind in recent years.

"We expect&nbsp;<a href="https://www.apartments.com.au/developments/eden-nsw-2551" target="">Eden</a>&nbsp;to be just the start of the revitalization of the area," Gardner says.

&nbsp;

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Caloundra transformation continues with RCQ's Bulcock Street plans

Developer <a href="/developers/thirdi-group">Third.i</a> has revealed plans for a major mixed-use transformation in Gladesville, with a proposal that could reshape the suburb’s town centre into a new civic, retail and residential destination.

Lodged across a trio of neighbouring parcels at 1–3 Flagstaff Street, 2–10 Cowell Street and 1 Massey Street, the project would see the Gladesville Village Shopping Centre redeveloped into an integrated precinct of more than 500 apartments, a new supermarket, and significant public domain upgrades.

Designed by i2C with landscape architecture by Arcadia — the team behind Lane Cove’s Canopy — the proposal represents the first of its scale in Gladesville and is being framed by Third.i as a once-in-a-generation opportunity to reimagine the area.

A key feature of the masterplan is a continuous green spine connecting Massey and Cowell Streets, threading new pedestrian links through the site and anchoring the development around over 4,500 sqm of publicly accessible open space. The proposal also includes a 4,000 sqm supermarket, a dedicated health and wellness centre, and a food and beverage precinct positioned as a future hospitality destination for the lower North Shore.

<img alt="Third.i" data-entity-type="file" data-entity-uuid="99934651-409b-49a5-820b-db51f650d04b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-07%20at%2012.56.54%E2%80%AFPM.png?VersionId=dHRvuvVmy7Oi41dVI1mePQPCHKhvGTbh" />The proposed view from the 15th level of one of the apartment buildings. Image supplied

In line with Third.i’s broader strategy of blending housing typologies, the 500-plus apartments will be delivered across a mix of build-to-sell and build-to-rent formats. The scale and ambition of the project go beyond what’s currently permitted under the existing Local Planning Panel controls, but directly respond to Council’s Local Strategic Planning Statement (2020), which identifies the Gladesville Village precinct as “primed for place-based redevelopment.”

Florian Callion, Head of Acquisitions at Third.i, says the proposal has been shaped in close consultation with Hunters Hill Council.

“This is a rare opportunity to create something with long-term benefit — a social and civic heart for Gladesville that reflects the area’s growth and character,” Callion said.

“We’re proud of the level of collaboration we’ve had with Council throughout this process, ensuring that what’s proposed isn’t just deliverable, but meaningful.”

The masterplan aims to support housing targets outlined in the National Housing Accord and, if approved, would directly contribute to addressing supply shortages across Sydney’s established suburbs. It also sets out a model of infrastructure-led development, with all upgrades — including new pedestrian paths, public landscaping, and civic amenity — to be fully funded by the developer, placing no financial burden on Council.

Pending approval, construction is expected to begin in late 2026.

Florian Callion, Head of Acquisitions at Third.i, says the proposal has been shaped in close consultation with Hunters Hill Council

First look: Third.i plots 500-unit redevelopment of Gladesville Village Shopping Centre

National developer&nbsp;<a href="/developers/cedar-woods">Cedar Woods</a>&nbsp;is commencing construction this month on <a href="/new-apartments/incontro-subiaco-133-salvado-road-subiaco-wa-6008">Incontro</a> Apartments in Subiaco, following strong sales performance, with almost 50 per cent of the new apartments sold prior to breaking ground.

Multi-award winning EMCO Building has been appointed to deliver the 110-apartment development. The leading WA builder, which has delivered numerous high-quality residential projects across Western Australia over the past four decades, will commence construction this month, with completion expected in mid-2027.

[smartcode_project:default project_id=108869 project_image_fid=317905]

Cedar Woods&nbsp;Managing Director&nbsp;Nathan&nbsp;Blackburne said the company was pleased to partner with EMCO to bring Incontro Apartments to life.

“EMCO Building has a proven track record of delivering high-quality residential projects, and the calibre of their work combined with the project’s architectural merit presents a strong proposition for purchasers.”

Commenting on the early sales success, Blackburne said&nbsp;the strong early sales indicate that Incontro Apartments’ attractive price point and well-connected&nbsp;Subiaco&nbsp;location are clearly resonating with buyers.

[smartcode_project:default project_id=108869 project_image_fid=325605]

EMCO Building General Manager New Business, Ronan Cosgrove, said the company was excited to be officially working with&nbsp;Cedar Woods&nbsp;on Incontro Apartments.

“We’re pleased to be appointed to deliver Incontro Apartments following a strong period of collaboration with&nbsp;Cedar Woods&nbsp;during the early design and planning phase”, Cosgrove said.

“There’s been clear alignment between our teams from the outset, underpinned by a shared commitment to excellence and strong reputations for delivering high-quality developments.”

[smartcode_project:default project_id=108869 project_image_fid=317904]

The apartments represent the newest release within Cedar Woods' Incontro community, offering a range of stylish one, two, and three-bedroom residences. The development is designed to support a connected and convenient lifestyle, with shared amenities including a landscaped garden terrace that encourages social interaction and relaxation.

The apartments feature a choice of two interior colour schemes inspired by native flora, premium Smeg kitchen appliances, and a variety of floorplans designed to maximise space and functionality. Prices start from $624,000.

[smartcode_project_cta:default project_id=108869]

With almost 50 per cent of the project already sold, Cedar Woods has announced the next major milestone at Incontro Apartments

Incontro Apartments snapped up as Cedar Woods announces builder

When Sarah and her family decided to invest in Melbou​rne property, OSK Pr​operty’s <a>Melb​ourne Square</a> stood out almost immediately.

Based overseas, Sarah was looking for a long-term foothold in the city while also supporting her child studying in Melbourne.

“After looking at rental costs versus buying, it became clear that purchasing was a smarter financial decision,” Sarah says. “We also saw strong investment potential in the <a href="/developments/southbank-vic-3006">Southbank</a> area.”

Sarah explored a number of new projects before ultimately choosing <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank-vic-3006">Melbourne Square</a>. From the first viewing to making the decision, the process took just three days.

[smartcode_project:default project_id=2929 project_image_fid=201008]

“The location, the wide views, and the resident facilities really set it apart,” she says.

“The outdoor pools on Level 8 are a highlight, and the sky pool and spa on Level 54 are incredible,” Sarah notes. “As a pianist, I also really appreciate the grand piano in the music room - it’s quite unique.”

[smartcode_project:default project_id=2929 project_image_fid=201020]

“There’s a lot of variety [in the amenity], and everything feels thoughtfully designed. We’ve been able to host friends in the private dining rooms and enjoy movie nights - it really feels like an extension of our home.”

Residents have access to private dining rooms, a lounge, a cinema, a sun terrace, a music room, ga ym and yoga studio, gardens, a golf simulator, and more.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=201015]

Day-to-day convenience was also important.

“Having a full-line Woolworths right downstairs is a huge benefit, and the Pacific Asian grocery store makes picking up snacks and ingredients easy,” Sarah says.

A double-storey Woolworths, a Pacific Asian grocery, and an on-site childcare centre further enhance daily convenience, supporting Melbourne Square’s position as a self-contained vertical community.

[smartcode_project:default project_id=2929 project_image_fid=201006]

While the amenity and doorstep were the key drivers in the purchase, the Southbank location sealed the deal.

“We liked that it feels more spacious and quiet compared to the city centre, yet still offers great public transport links,” she says.

Located at 93–119 Kavanagh Street, Melbourne Square has reshaped Southbank with one of its largest mixed-use precincts. Designed by <a href="/architects/cox-architecture">Cox Architecture</a> and developed by <a href="/developers/osk-property">OSK Property</a>, the project delivers extensive resident amenities across 14,000 sqm of landscaped public park and green spaces.

A limited collection of completed apartments remains, ready for immediate move-in.

[smartcode_project_cta:default project_id=2929]

While the amenity and doorstep were the key drivers in the purchase, the Southbank location sealed the deal

Overseas buyer shares why she chose Melbourne Square in Southbank: Urban Buyer Q&A

<a href="/buildings/the-collection-alphington-626-heidelberg-road-alphington-vic-3078">The Collection</a>&nbsp;in Alphington&nbsp;is now offering a Zero Stamp Duty incentive across all two and three-bedroom apartments until the end of July.

Developed by <a href="/developers/caydon-property">Caydon</a> and located 6.5 kilometres northeast of Melbourne’s CBD, the completed project - formerly known as Alphington Portfolio - comprises a mix of apartments, terrace homes, and dual-level skyhomes on Heidelberg Road.

Buyers can save up to $65,000 on two-bedroom apartments and up to $110,000 on three-bedders as part of the limited-time offer

[smartcode_project:default project_id=24441 project_image_fid=255884]

All apartments at The Collection are designed with open-plan living spaces that connect to private balconies or winter gardens, maximising indoor-outdoor flow. Interiors feature timber flooring, generous built-in storage, and floor-to-ceiling windows that draw in natural light.&nbsp;

Kitchens are full-sized, featuring stone benchtops, timber accents, European appliances, and a walk-in pantry, while bathrooms are appointed with stone surfaces, premium tapware, and full-height tiling. Bedrooms are fitted with plush carpet, built-in wardrobes, and blockout blinds for comfort and privacy.

Skyhomes offer upgraded kitchens that feature a large breakfast island, walk-in pantries, dry bars with integrated tech drawers, wine fridges, and Smeg appliances. The main bedroom suite includes a generous walk-in wardrobe and a private ensuite with a freestanding bath, double vanity, and oversized shower. Secondary bedrooms are serviced by a central bathroom that continues the same premium material palette and fixtures.

[smartcode_project:default project_id=24441 project_image_fid=255892]

Residents have access to more than three-quarters of an acre of landscaped communal space, with amenities spanning both rooftop and podium levels. The rooftop features an infinity-edge pool with a glass wall framing full city views, alongside private bathing boxes, a sunset lounge, and a moonlight cinema for evening relaxation.&nbsp;

The Level 4 podium includes a fully equipped gym and yoga lawn, a kitchen garden, six BBQ stations, and a private park with a dog run. Residents also have access to a shared kitchen and dining room, a sky lounge with a pool table, table tennis and a large-screen TV, and two hotel-style guest suites for visiting friends or family.&nbsp;

Additional features include secure undercover parking and storage, a bike repair and storage room, and concierge service.

[smartcode_project:default project_id=24441 project_image_fid=255914]

The Collection is 600 metres from <a href="/developments/alphington-vic-3078">Alphington</a>’s retail precinct and positioned between Alphington Station and Darebin Parklands. Alphington Primary and Alphington Grammar are both nearby, ideal for families looking for a foothold in the suburb.

Alphington has seen a shift in apartment supply, with more than 75 per cent of the suburb’s existing housing stock made up of detached homes or townhouses. The Collection is one of the few higher-density developments completed in the last few years.

Prices start from just over $800,000, with all two and three-bedroom apartments eligible for the Zero Stamp Duty offer until July 31.

[smartcode_project_cta:default project_id=24441]

Zero stamp duty available at The Collection in Alphington

Consolidated Properties Group (CPG) has agreed to acquire the last remaining absolute riverfront development site in Brisbane’s blue-chip Newstead, unveiling plans to develop a landmark inner northern residential project that CPG says will be a signature building for the river city.

CPG has paid $64.5 million for the 9,368 sqm site at 47 Skyring Terrace in an off-market deal from&nbsp;Mirvac. The site is situated just 1.5 kilometres from the CBD and within walking distance to some of Brisbane’s best-known dining and retail destinations, including Gasworks and James Street.

The site features 47 metres of direct river frontage within one of the city’s most tightly held precincts. Zoned for Mixed Use, it has potential for up to 42,000sqm total floor space and a maximum building height of 25 storeys under the Brisbane City Plan.

The acquisition follows the success of CPG’s $450 million absolute riverfront Monarch Residences apartment project currently nearing completion and sellout at Toowong in Brisbane’s inner west.

CPG CEO and Chairman Don O’Rorke says the Newstead site offers an equally rare opportunity to deliver a super-premium luxury residential apartment building in a prime inner-city location.

“Sites like this are as rare as it gets,” O’Rorke said.

“We thought Monarch might be a one-off, but at Newstead we’ve been fortunate to have the opportunity to create another iconic residential address right in the heart of the city on the Brisbane River – this will be something elevated in every sense, something truly special.”

CPG plans to lodge a development application (DA) later this year with multi-award-winning architects, Woods Bagot, who are already working on concept plans.

<img alt="CPG" data-entity-type="file" data-entity-uuid="adcd3c91-a0bb-46f8-b08e-623357e3f75c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-03%20at%208.55.14%E2%80%AFAM.png?VersionId=FzhQQPi_onxhjFCo7u5kdX6O7KIDABTj" />

CPG Head of Residential, James MacGinley, says the development will include a mix of boutique riverfront villas and 2- and 3-bedroom apartments with spectacular north-east views up the river towards Hamilton Hill.

“This large riverfront site with a perfect north-east aspect is an architect’s dream. It is peerless and there is no better development site in Brisbane. We plan to do it justice and deliver a signature building for the city," MacGinley said.

Transacted off-market by Colliers Queensland Residential Directors Brendan Hogan and Troy Linnane, the purchase sees CPG again teaming up with its construction partner on Monarch Residences, Hutchinson Builders, to deliver the apartments. Colliers Queensland Residential Director Brendan Hogan said demand for prestige development opportunities in Brisbane was outpacing supply.

“Opportunities like this simply don’t come up anymore. This is the last of its kind on the Newstead waterfront and arguably the best-located residential site in the city,” Brendan Hogan said.

“We’re seeing exceptional demand in the premium apartment market, with ‘off-the-plan’ riverfront apartments achieving prices over $35,000/m2 of net (internal) saleable area.

“The surge in apartment prices is largely driven by the demand from owner-occupiers who are seeking premium and larger apartment stock, which has accounted for the majority of sales in the market over the past two years,” Brendan Hogan added.

The site acquisition reflects broader supply-side pressure in Brisbane’s residential pipeline.

Population forecasts show Brisbane will grow by more than 500,000 people during the next decade - faster than both Sydney and Melbourne - and inner-Brisbane is expected to face a shortfall of over 14,000 new apartments in the next four years alone, according to SQM Research.

“We know Brisbane is the nation’s fastest-growing city with unlimited potential and we’re building for that future,” O’Rorke added.

CPG CEO and Chairman Don O’Rorke says the Newstead site offers an equally rare opportunity to deliver a super-premium luxury residential apartment building in a prime inner-city location

Consolidated Properties buys riverfront Newstead site from Mirvac

ASX-listed developer Lendlease has secured approval for their new Sydney apartment project, <a href="/new-apartments/one-darling-point-darling-point-road-edgecliff-nsw-2027">One Darling Point</a>.

The circa $500 million project, which will sit on the border of Darling Point and Edgecliff, will comprise 41 two-, three-, and four-bedroom apartments, each with views of the&nbsp;Sydney Harbour or eastern views stretching from Double Bay to Vaucluse.

The design, by Australian architecture studio Tzannes,&nbsp;is distinguished by a publicly accessible through-site link, which thoughtfully integrates and celebrates the existing heritage-listed Commonwealth Bank building from 1941. The ground floor will feature a curated selection of retail, commercial, and hospitality spaces, seamlessly activating the streetscape.

A four-bedroom penthouse will crown the 17-level building, complete&nbsp;with a rooftop pool and a private terrace.

The project has been assessed under the NSW Government’s recently established in-fill affordable housing scheme and incorporates 15 per cent floor space dedicated to affordable housing for key workers. As a result, the development will include 18 one-, two-, and three-bedroom apartments for essential services workers in the education, healthcare, childcare, social and emergency sectors.

One Darling Point is being delivered in partnership with Mitsubishi Estate Asia (MEA), the sixth time the duo have worked together following projects One Sydney Harbour, Sydney Place, Melbourne Quarter’s East Tower, and One Circular Quay currently under construction.

Tom Mackellar, CEO Development Lendlease, said the NSW Government's new streamlined planning pathway has accelerated the approval process for One Darling Point.

"Development approval has been secured just five months after public exhibition enabling us to quickly move forward with the project, bringing new homes and jobs to Sydney.

“One Darling Point brings our renowned luxury residential experience to a prime location in Sydney’s East, and will deliver the highest standards of quality and design, alongside the expertise of Tzannes and Alexander &amp;CO.”

The joint venture partners bought the 1,748 sqm, 1 Darling Point Road site, last year from Anka Property Group, who after years of back and forth with the Woollahra Council, had secured an unprecedented uplift in height.

Tom Mackellar, CEO Development Lendlease, said the NSW Government's new streamlined planning pathway has accelerated the approval process for One Darling Point

First look: Lendlease secures approval for One Darling Point

<a href="/developers/charter-hall">Charter Hall</a>’s near-$1 billion Hyde Park tower proposal has secured crucial support from the City of Sydney’s planning committee, marking another step forward in reshaping Elizabeth Street.

The mixed-use project at <a href="/new-apartments/201-elizabeth-street-sydney-nsw-2000">201 Elizabeth Street</a>, on the corner of Park Street and opposite Hyde Park, has been under the spotlight since plans were lodged in late 2024. Now under assessment by the NSW Department of Planning for final determination, the 55-storey scheme combines hotel and residential components in one of the CBD’s most high-profile corners.

Pending final approval, demolition can commence on the existing Pacific Power Building, a 38-level office block originally completed in 1978. The 3,900 sqm site connects directly to Museum Station via underground pedestrian links - a strong locational advantage for future residents and hotel guests alike.

<img alt="Sydney skyline transformation to continue as Charter Hall pitch near-$1 billion skyscraper" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/201%20-%20217%20Elizabeth%20Street%2C%20Sydney.png?VersionId=wxmccer91Ts7gSOKSUID_tbf1mCPjyrJ" />

The $925 million development will deliver 441 hotel rooms across levels 1 to 11, with apartments starting from level 12 upwards. Buyers will have access to a genuine mix of apartment configurations: 67 one-bedders - a relative rarity in new Sydney CBD stock - along with 123 two-bedroom, 58 three-bedroom, and 16 four-bedroom apartments, a total of&nbsp;264 units.

The design by FJC Studio, selected through a competitive design process, breaks up the tower into three visually distinct sections to create what the architect describes as an "urban repair" along Elizabeth Street. The staggered forms aim to maximise views east over Hyde Park and north towards Sydney Harbour, while also reducing overshadowing across the parklands.

<img alt="Sydney skyline transformation to continue as Charter Hall pitch near-$1 billion skyscraper" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-04%20at%2010.15.05%E2%80%AFAM.png?VersionId=ADJyPnxYIZJ_vmEkQAw.zX3AS1jyaFAu" />

Sustainability is a focus, with plans targeting a 5-Star Green Star Buildings v1 rating, a 4-Star NABERS Hotel Energy rating, and a 3-Star NABERS Hotel Water rating. The building is also designed to exceed baseline BASIX standards.

Charter Hall’s proposal joins a cluster of major projects set to reshape this prime Hyde Park corridor. Just up the road, Central Element’s $100 million project at 271 Elizabeth Street will bring 53 apartments above new retail spaces, replacing the Hyde Park Inn hotel. Fife Capital has plans for a 17-level office and apartment redevelopment at 139 Elizabeth Street, further cementing the area’s shift towards a new mixed-use identity.

With its strategic location, diverse apartment mix, and integration of hotel amenities, Charter Hall’s project is expected to draw strong buyer and investor interest once it hits the market.

The $925 million development will deliver 441 hotel rooms and 264 apartments

City of Sydney backs Charter Hall’s $925m Hyde Park tower

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens, rooftop open space and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Ceerose, founded by Edward Doueihi in 1998, has become one of Sydney's more active apartment developers, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

Joel Robinson

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