Approaching a sell-out of its debut Gold Coast apartment development The Rochester, developer Polycell has its eyes firmly set on its next project.

They've secured approval for a 59-level tower which will be a redevelopment of the&nbsp;the landmark Voyager Resort&nbsp;at <a href="/new-apartments/167-old-burleigh-road-broadbeach">167 Old Burleigh Road</a>. Polycell acquired the timeshare building, and its valuable 2,076 sqm corner block that also fronts Elizabeth Avenue, for nearly $45 million in 2022.

They had Gold Coast firm <a href="/architects/bda-architecture">BDA Architecture</a>&nbsp;design the tower which will feature&nbsp;glazed façades and coastal-inspired curves to reflect the surrounding Gold Coast landscape.

One of the standout features of the approved design is its emphasis on preserving the site’s existing natural elements, particularly the iconic Norfolk pines lining the street front.&nbsp;

<img alt="First look exclusive: Polycell set sights on new Broadbeach apartment development" 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/Screenshot%202024-11-25%20at%203.01.52%E2%80%AFPM.png?VersionId=4YWlAMLRDSdyWaSlcEH0907f3FGkDH5v" />

BDA Architecture described the design as “coastal tactility infused with a sub-tropical vernacular,” echoing the organic textures of the local landscape.

The podium will reflect a layered material palette and gently undulating forms that complement the surrounding urban and natural environments.

The development will house 130 apartments, ranging from two to five bedrooms. The approved mix includes 32 two-bedroom, 79 three-bedroom, 15 four-bedroom, and four five-bedroom apartments.&nbsp;

The four sub-penthouses and the sprawling two-level penthouse will feature a private cinema, a state-of-the-art gym with plunge pools, and a 14-metre lap pool.

Each level will be home to no more than three residences, ensuring privacy and exclusivity.&nbsp;

<img alt="First look exclusive: Polycell set sights on new Broadbeach apartment development" 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/3.png?VersionId=LypE2LoIU.Bp5kZCqi0BGdK_ME3CVAPI" />

The development will also feature extensive resort-style amenities across both the podium and upper levels. These include two swimming pools on the podium, daybeds, barbecues, a yoga and Peloton room, sauna and spa facilities, a games room, and a suite of wellness areas.

On levels 38 and 39, residents will enjoy a members-only ‘Club Lounge,’ complete with a zen lounge, tea bar, library, cinema, personal training gym, wine storage, private dining rooms, and more.

The new project is similar in density to <a href="/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a>, which is nearly sold out of its 182 apartments on Surf Parade.&nbsp;

Polycell is&nbsp;also actively acquiring sites across the area, including recent buyouts at the <a href="/news/qld/first-look-exclusive-polycell-set-sights-on-new-broadbeach-apartment-development">Sandpiper apartment building</a>.

The new project is similar in density to Polycell's The Rochester, which is nearly sold out of its 182 apartments on Surf Parade. 



Joel Robinson

First look: Polycell approved for next Broadbeach apartment development

Monaco Property Group has acquired the Miami holiday destination Nalu for $70 million in one of the biggest residential deals on the Gold Coast in 2025.

The acquisition by Monaco Property Group, a Gold Coast company associated with seasoned developer Jonathan Grasso and Australian businessman Jay McPhee, positions the group to create a landmark beachfront project on a site that has been a popular drawcard for locals and holidaymakers for decades.

Formerly known as Nobby’s Outlook and originally developed in the early 1970s,&nbsp;Nalu comprises 46 two and three-bedroom apartments that are currently offered as long-term rentals.

It consists of four connected two-level buildings in a square configuration that includes a central recreation area with two swimming pools, and underwent a major refurbishment in 2019 after which it was renamed Nalu – a Hawaiian word that translates to ‘wave’.

The property benefits from an idyllic location fronting Thorn Park and Miami North Beach while offering 80 metres of uninterrupted ocean frontage and a central location which is just a short stroll from the popular Nobby Beach retail and dining precinct.

Monaco Property Group is leveraging its extensive development expertise to reimagine the expansive 7,238 sqm site, with the company currently laying plans for an ultra-luxury new residential development that takes advantage of its unique location in one of the most sought-after coastal enclaves on the Gold Coast.

Among the latest high-profile developments undertaken by Monaco Property Group is the $114 million award-winning Capri Villas, a collection of 48 architecturally designed villas at Isle of&nbsp;Capri on the central Gold Coast, which are due for completion in Q3 of this year.

“We’re extremely excited to have secured Nalu, one the best beachfront development sites on the eastern seaboard of Australia,” Grasso said.

“The site is not only one of the largest beachfront development sites on the Gold Coast, but its position overlooking the beachfront 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.”

Nalu was secured by Monaco Property Group through an off-market deal in which the company dealt directly with the vendor. Monaco Property Group plans to lodge a development application for the site with the Gold Coast City Council.

“We are very excited to be working up plans for a truly world class project on such a unique site with an incredible 80 metres of beach frontage, which is certainly a rarity on the eastern seaboard of Australia,” Grasso added.

“It’s a property that locals know well, which is why we have decided to retain the name Nalu as it reflects the vision we have for this property. It’s very rare to have a site bound by two natural assets, being the pristine beach frontage and the lush elevation of Nobbys Hill and Lions Head Park. In line with our founding philosophy, our plans for Nalu will be defined by a commitment to quality, legacy, incredible landscape, world-class amenity and wellness, and an architectural statement of excellence.”

Located at 122-130 Marine Parade, Nalu backs onto Nobbys Hill and the untouched natural beauty of Lions Head Park to the west, while offering ocean views to the Miami North beachfront and south to Coolangatta and Rainbow Bay.

Nalu was secured by Monaco Property Group through an off-market deal in which the company dealt directly with the vendor

Monaco Property Group pays $70m for Miami site, plots luxury apartment development

Leading Australian development manager, <a href="/developers/fortis">Fortis</a>, is continuing to make its mark on the luxury apartment market in Melbourne's best suburbs.

Fortis, the development arm of real estate investment giant Pallas Group, has commenced construction on Richmond Square in Richmond, one of Melbourne's most vibrant and tightly-held inner city suburbs, which has seen a shortage of new apartment developments in recent years.

<a href="/new-apartments/richmond-square-1-wiltshire-street-richmond-vic-3121">Richmond Square</a>, located on Wiltshire Street, just one row back from the iconic Swan Street and a stone's throw from East Richmond Station, will comprise 52 generously-sized, two- and three-bedroom apartments across an 11-level building crafted by <a href="/architects/sjb-architects">SJB</a>, with interiors by <a href="/architects/hecker-guthrie">Hecker Guthrie</a>.

Construction is well underway, with significant progress made across the basement levels. Two tower cranes are now in operation, forming a visible part of Richmond skyline and supporting the vertical build as the structural core begins to rise above the hoarding.

The project is being delivered by <a href="/builders/hacer-group">Hacer Group</a>, a well-established local construction firm with a track record of delivering&nbsp;several high-quality apartment developments like Victoria Hill in Camberwell and Como Terraces in South Yarra.

[smartcode_project:default project_id=13181 project_image_fid=341429]

Carmine House has been designed to reflect Richmond’s industrial character, immediately obvious from its striking facade, which combines red brick, concrete, and glass.

The interiors are defined by natural materials, mirrored cabinetry, and accents of heritage green, while large balconies frame uninterrupted views of the CBD skyline.

[smartcode_project:default project_id=13181 project_image_fid=341427]

Kitchens are anchored by a wide stone island bench, creating another dining and entertaining space. The kitchens are fitted with high-end V-Zug appliances.

Every apartment features a main bedroom with built-in robes and an ensuite with a separate shower and bathtub, finished with the finest marble and floor-to-ceiling tiles.

[smartcode_project:default project_id=13181 project_image_fid=341430]

Fortis has prioritized creating a resident community within Carmine House, with several opportunities for neighbours to gather outside of their apartments, yet still in the comfort of their own building.

The amenities have been strategically positioned on the roof to take advantage of the sweeping views across Melbourne.

[smartcode_project:default project_id=13181 project_image_fid=341436]

The rooftop, surrounded by extensive landscaping by ACRE, will feature an outdoor picnic lawn, BBQ, pizza oven, and bookable private dining and events spaces.

Completing the roof will be another indoor kitchen, part of a bookable private dining and entertaining space.

[smartcode_project:default project_id=13181 project_image_fid=341437]

Richmond Square will also include 4,000 sqm of premium strata office space across two podium levels, located beneath the residences. At the heart of Richmond Square, a thoughtfully curated retail and dining precinct will provide residents and locals with a dynamic community hub

Enhancing this convenience, Carmine House is positioned just 200 meters from the nearest café and within easy walking distance of Swan Street’s lively mix of restaurants, bars, and boutique retailers.

Excellent public transport links, including nearby train stations and multiple tram stops, further connect residents to the broader&nbsp;<a href="/developments/melbourne-vic">Melbourne</a>&nbsp;CBD and beyond.

Hacer is forecasting a late 2026 completion of Richmond Square. Buyers can save thousands by purchasing before the end of October. In October 2024, the VIC Government announced it would abolish stamp duty for new and off the plan apartment buyers until October 30, 2025.

Jellis Craig Projects Director, Stephen Bowtell, is marketing Richmond Square.

[smartcode_project_cta:default project_id=13181]

Fortis advances construction on Richmond Square

Sekisui House Australia has released the first images inside what will be the final tower in their $1.2 billion West End masterplanned community.

<a href="/new-apartments/callista-on-park-west-end-49-mollison-street-west-end">Callista on Park</a>&nbsp;is the final release within Brisbane’s iconic West Village - a village <a href="/developers/sekisui-house-australia">Sekisui House Australia</a> has been developing for the best part of a decade.

It's the most high-end tower to date. The&nbsp;14-level building, designed by <a href="/architects/rothelowman">Rothelowman</a>, introduces a new standard of apartment living to the neighbourhood, with premium finishes and fittings, rooftop amenities, and direct access to Brisbane’s most vibrant cultural and culinary scenes.

[smartcode_project:default project_id=134800 project_image_fid=341715]

The apartments will feature natural materials and engineered timber flooring. Expansive living areas, framed by full-height glass and generous balconies, bring in an abundance of natural light and parkland or city views.&nbsp;

Kitchens are fitted with top-of-the-range appliances, bespoke cabinetry, and stone benchtops. Residents can choose from light or dark interior palettes and will enjoy 2.7-metre ceilings, loop-pile carpets in bedrooms, soundproof windows, and ducted and zoned air conditioning.

[smartcode_project:default project_id=134800 project_image_fid=341713]

One of Callista’s most compelling features is its rooftop retreat—a reimagined communal space designed for both relaxation and connection.&nbsp;

Panoramic views of the Brisbane CBD stretch across a rooftop garden outfitted with extensive landscaping, cabanas, and pockets of wildflowers.&nbsp;

The rooftop also boasts a swimming pool and spa, two undercover BBQ areas, a private dining room with a chef-grade kitchen, and a residents’ lounge, making it a perfect venue for both intimate gatherings and larger celebrations.

[smartcode_project:default project_id=134800 project_image_fid=341716]

Living at Callista on Park also means having <a href="/developments/west-end-qld-4101">West End</a>’s dynamic lifestyle offerings within arm’s reach. With a Walk Score of 99/100, residents are surrounded by over 35 boutique retailers, dining venues, and wellness services.

The cultural richness of the Metro Arts Precinct and the proximity to South Bank’s performing arts and gallery spaces further elevate the lifestyle on offer.

Educational institutions, medical facilities, and multiple transport options—bus, train, and CityCat—ensure seamless connectivity to the rest of Brisbane. Meanwhile, expansive parklands and riverside walks promise tranquility just steps away from urban excitement.

The name “Callista,” derived from the Greek word for “most beautiful,” pays tribute to West End’s rich Greek heritage, while "on Park" speaks directly to its coveted location—fronting Mollison Park, a leafy public square known for lively community events.

[smartcode_project:default project_id=134800 project_image_fid=330244]

Over the past nine years, Sekisui House Australia has reimagined the historic Peters Ice Cream Factory site into West Village.&nbsp;

With nearly 60 accolades to its name, including the prestigious ULI APAC Award for Excellence in 2022, the precinct is now nearing completion, culminating in the launch of Callista on Park.

Three and four-bedroom residences at Callista on Park are now selling, with prices starting from just over $2.6 million.

[smartcode_project_cta:default project_id=134800]

Three and four-bedroom residences at Callista on Park are now selling, with prices starting from $2.6 million.

First look inside West Village's crowning glory, Callista on Park

The NSW Government is steadily releasing new projects that are being declared as&nbsp;State Significant Development following recommendations from the Housing Delivery Authority (HDA).

There are a mix of regional and Sydney Metro projects which are being released every few weeks.

The early April update was for 20 projects.

The most notable was for the redevelopment of&nbsp;203-225 Victoria Street, Potts Point, home of the Potts Point Holiday Inn since 1985 and next door to the iconic Kings Cross Hotel.

The brief update from the Ministerial Order was for "the purpose of mixed-use development comprising commercial premises, tourist and visitor accommodation and residential accommodation with provision of affordable housing."

The Holiday Inn has been owned by property funds management giant Salter Brothers since 2023 when they acquired the hotel portfolio from IHG Hotels.

It was reported at the end of last year that Salter could list its $2 billion hotel portfolio on the ASX.

It would be another mixed-use development in the entry to Potts Point following the completion of Omnia, the luxury 20-level glass tower with 135 apartments, in 2018.

The most recent update from the NSW Government was just a few days ago when they added another 14 projects to the list, nine&nbsp;in metropolitan Sydney and five in regional NSW. If lodged and approved, the projects could create more than 4,200 homes across New South Wales.

The recent tranche of projects includes a 63-unit development at 307-315 Parramatta Road in Leichhardt.&nbsp;

Three projects are in Chatswood;&nbsp;12-14 Malvern Avenue, 5-7 Havilah St, Chatswood, and 815 Pacific Highway, Chatswood.

The new Castle Hill apartment development by UAE-based property giant Arada has been fast-tracked. Arada has signalled a $2.5 billion commitment to Sydney housing, with ambitions to add 2,500 dwellings across the region.

Their Castle Hill project, across Carrington Road, Middleton Avenue, Fishburn Crescent and Sexton Avenue, will have around 350 apartments designed by Woods Bagot.

Among new projects from Ryde to Wollongong is Woolworths' Neutral Bay mixed-use development at&nbsp;<a href="https://www.theurbandeveloper.com/articles/fabcot-north-shore-shoptop-neutral-bay-nsw">1-7 Rangers Road &amp; 50 Yeo Street</a>.

<img alt="Neutral Bay" data-entity-type="file" data-entity-uuid="64cefcb2-3dde-4889-9f50-9287129eded2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-23%20at%2011.12.53%E2%80%AFAM.png?VersionId=0ULgIC775B8KpKQn40wYxJiwRUAvX6_p" />

Despite North Sydney Council's objections, the Sydney North Regional Planning Panel granted gateway approval, noting the proposal’s alignment with strategic housing goals.&nbsp;

The mixed-use development, anchored by a full-line Woolworths, will have 90 one, two and three-bedroom apartments, ground-level retail, and 2,420 sqm of office space.

To date, 78 proposals amounting to more than 32,100 potential homes have been declared state significant. Since the formation of the HDA, 15 projects have had Secretary Environmental Assessment Requirements issued. Recommendations from the HDA are published as required under the Environmental Planning and Assessment Act 1979 before the SSD declaration.

This is all part of the Minns Government’s plan to build a better NSW with more homes and services, so young people, families and key local workers have somewhere to live and in the communities they choose.

Potts Point Holiday Inn part of new State Significant Developments revealed by the NSW Gov

Sydney-based P&amp;N Sleiman Group is the latest developer to descend on the booming Sunset Boulevard riverfront in Surfers Paradise.

<a href="/builders/pn-sleiman-group">P&amp;N Sleiman Group</a>, who was recently approved for a trio of towers in Burwood in Sydney's west, has filed for a 29-level tower at 52 Sunset Boulevard, one of four new towers to be submitted on the street in the last 12 months.

They're proposing 62 apartments, above four levels of basement parking.

<img alt="52 Sunset Boulevarde pool" data-entity-type="file" data-entity-uuid="16e27978-c828-46f1-bed5-aaa554c23ed3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/52%20Sunset%20Boulevarde%20pool.png?VersionId=HnIMUQbncxNaSzDKB1hZ8_eWlWsVjrmS" />

The apartment mix features two, three, and four-bedroom configurations, as well as two double-level penthouses, each boasting private rooftop terraces with plunge pools.

There will be a gym, lounge, barbecue area, and infinity-edge pool on the third level for residents.

DBI designed the tower with a&nbsp;recessed central core and soft material palette, which they say "creates a building that is as elegant as it is bold." They said it would have a "refined presence on a street that’s quickly becoming a showcase for architectural ambition."

<img alt="52 Sunset Boulevarde rooftop" data-entity-type="file" data-entity-uuid="a80efc7b-284b-4ed2-8723-ea197e7fa9f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/52%20Sunset%20Boulevarde%20rooftop.png?VersionId=WjcRmRfYuuGzOkqfcnheBCvSQ6L8qazF" />

Sunset Boulevard has been in vogue since Roy Skaf's Macquarie York filed, and secured approval, for Sunset Residences, next door to the new plans at 50 Sunset Boulevard. Sunset Residences will have 43 apartments across a 17-level tower.

Another Sydney-based developer, YHY Group, filed plans a few doors down for a 33-level tower with 74 apartments, one being the&nbsp;<a href="/news/qld/first-look-the-gold-coasts-largest-penthouse-pitched-for-new-surfers-paradise-tower">Gold Coast's largest ever penthouse</a>. That's across a triple site combining 56, 58 and 60 Sunset Boulevard.

A private developer also has plans with the Gold Coast City Council for a 17-level, 30-unit tower at <a href="/new-apartments/15-sunset-boulevard-surfers-paradise">15 Sunset Boulevard</a>, just two apartments per floor.

First look exclusive: P&N Sleiman plots debut Gold Coast apartment project

Supermarket giant Coles and local developer Dimas Property Group have teamed up to create one of the most connected new apartment developments in Melbourne’s leafy Balwyn.

The partners secured a prime site on Whitehorse Road, opposite Balwyn Park and in the prized Balwyn High School catchment area.

They appointed the in-demand architecture firm <a href="/architects/cera-stribley-architects">Cera Stribley</a> to design <a href="/new-apartments/white-weston-balwyn-village-259-281-whitehorse-road-balwyn-vic-3103">White &amp; Weston</a>, just 45 two, three and four-bedroom apartments across a low-rise three-level building set in gardens by the equally sought-after landscape architect <a href="/landscape-architect/jack-merlo">Jack Merlo</a>. The apartments will sit above a full-line Coles, offering the ultimate convenience for residents.

[smartcode_project:default project_id=136850 project_image_fid=343596]

The apartments overlook Balwyn Park, home to an AFL oval, kids playground, tennis club and bowling club.

Cera Stribley Interior Design Director, Jessica Coulter, said the homes were designed to feel personal and functional, with materials selected to reflect a connection to nature.&nbsp;

“We really understand what goes into creating a truly amazing home,” Coulter said. “We’re always looking for those individual moments that make a space special.”

[smartcode_project:default project_id=136850 project_image_fid=343582]

Each residence is fitted with Miele appliances, Signorino stone finishes, Block flooring, and Great Dane lighting.&nbsp;

Private terraces and rooftop gardens were designed to act as extensions of the living areas, offering additional usable space for residents.

“We’ve had some really generous outdoor spaces to work with,” Coulter added. "The communal roof garden is an expansion of the individual homes."

The 655 sqm residents garden, curated by Jack Merlo, feature a mix of native and exotic plantings, delivering year-round greenery opposite the park.

[smartcode_project:default project_id=136850 project_image_fid=343581]

Each home is optimised for energy efficiency under Sustainability Victoria’s Whole of Home Initiative—reducing costs and environmental impact.

White &amp; Weston is also optimised for energy efficiency under Sustainability Victoria’s Whole of Home Initiative, reducing running costs and environmental impact.

Security and convenience are also top of mind, with basement parking equipped with number plate recognition technology and a BESS (Built Environment Sustainability Scorecard) rating 10 per cent above industry average.

[smartcode_project:default project_id=136850 project_image_fid=343584]

Each apartment is sold with a six-year building guarantee and 52-week defect coverage. An incentive offer for early buyers via Apartments.com.au includes a complimentary whitegoods package for the first three purchasers.

Marshall White Projects Director Liam Adey says early interest has come from empty nesters, professional singles, and young couples.

[smartcode_project_cta:default project_id=136850]

Marshall White Projects Director Liam Adey says early interest has come from empty nesters, professional singles, and young couples

Coles and Dimas Property Group launch White & Weston in Balwyn Village

<a href="/developers/sekisui-house-australia">Sekisui House Australia</a> and Hankyu Hanshin Properties have received development approval for the sixth stage in Melrose Park’s urban renewal masterplanned community in Sydney’s north west.&nbsp;

Designed by <a href="/architects/group-gsa">GroupGSA</a>, Aeris is the most visionary stage yet in Melrose Park. The two 20 and 24-level towers, significantly higher than what has come before in the Melrose Park masterplan, will feature 468 apartments. There will also be a smaller&nbsp;seven-level building atop a common basement podium.&nbsp;

'Aeris' derives its name from the Latin word 'aer,' meaning 'air.' The name captures the essence of the limitless sky and expansive vistas that this stage offers. Aeris embodies a sense of openness, symbolising boundless possibilities and the freedom of vast, open spaces.&nbsp;

It is the latest realisation of Sekisui House Australia’s vision at <a href="/developments/melrose-park-nsw-2114">Melrose Park</a>, where apartments reach new heights in design, craftsmanship and amenity, offering sweeping city views and a home that will continue to reward now and into the future.

<img alt="Aeris, Melrose Park" data-entity-type="file" data-entity-uuid="2359a181-4aab-43ae-9ec8-abe730989645" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aeris_Stage%206_3.jpg?VersionId=ikUui099uVJUabG_TDbxjUsIqfPCe_JO" />

Alex Grujovski, Project Director – Apartment &amp; Mixed-Use Developments at Sekisui House Australia, said development approval for Aeris represents an exciting chapter in the evolution of Melrose Park in transforming the former industrial precinct.

"This stage reflects our commitment to creating sustainable, vibrant communities that enhance the lives of residents and contribute in a positive way to the environment,"&nbsp;Grujovski said.

“Aeris will redefine urban living with cutting-edge design, sustainability features and lifestyle amenities. Apartments will be spacious, modern and equipped with smart home technology, including digital keyless entry and remote-controlled lighting.”

<img alt="Aeris, Melrose Park" data-entity-type="file" data-entity-uuid="9c231665-f25c-476a-99b3-cae38074235b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aeris_Stage%206_2.jpg?VersionId=_VIwX3ybdIlqnHpbV2WWYTwKfObvkcaM" />

Residents will enjoy premium facilities including a rooftop pool and recreation deck designed in collaboration with ASPECT Studios, offering panoramic views over the masterplan. Additional amenities include communal alfresco BBQ/dining areas, a fully equipped gym and secure parking.

Aeris will enhance Melrose Park’s connectivity through pedestrian pathways, internal road networks and access to parks, the future Town Centre and key transport links. A publicly accessible through-site link will connect residents with future amenities.

The first apartments in Aeris are planned to be released in Q2 2025, with construction anticipated to commence in late 2025 and completion slated for 2027.&nbsp;

Sekisui House Australia’s $5 billion Melrose Park project is set to transform into a thriving new community upon completion, significantly enhancing the housing supply in the north-west of Sydney with 5,500 homes, a commercial and retail town centre and extensive parklands.&nbsp;

Over 52,000 sqm of green open spaces have received development approval in Melrose Park, comprising Central Park (17,586 sqm, soon to be renamed), Wharf Road Gardens (19,960 sqm), and Western Parklands (15,102 sqm), providing expansive green spaces for the growing community.&nbsp;

The first apartments in Aeris are planned to be released in Q2 2025, with construction anticipated to commence in late 2025 and completion slated for 2027

Sekisui secures approval for Aeris, next stage at $5 billion Melrose Park masterplan

<a href="/developers/lewis-land-group">Lewis Land Group</a> has officially launched the next release within its landmark Gold Coast masterplan, Harbour Shores.

The new release, Palm House, builds on the momentum of the first stage of the Biggera Waters community, which is already under construction and over 50 per cent sold.

Palm House introduces an exclusive collection of just 60 two and three-bedroom apartments across a seven-level building. These homes feature open-plan interiors, expansive balconies, and contemporary finishes.

[smartcode_project:default project_id=113271 project_image_fid=336743]

Generously sized kitchens with large islands, seamless indoor-outdoor flow, and secure basement parking with additional storage underscore the thoughtful attention to detail.

Every apartment embraces <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>’ signature coastal palette of soft tones and organic textures, maximising natural light and enhancing the serenity of its waterside setting.

[smartcode_project:default project_id=113271 project_image_fid=290044]

Residents of the new release will enjoy full access to Harbour Shores’ unmatched suite of resort-style amenities. The community boasts a 25-metre lagoon pool, a state-of-the-art gym, yoga studio, sauna, tennis courts, and an expansive 1.2km waterfront boardwalk.&nbsp;

For families and outdoor enthusiasts, The Green parklands and a network of walking and cycling paths provide abundant green space to relax and play.

The Clubhouse, a social hub with indoor-outdoor entertaining spaces, will anchor community life. On-site cafés and eateries, as well as proximity to Harbour Town Premium Outlets, ensure day-to-day convenience with a lifestyle edge.

[smartcode_project:default project_id=113271 project_image_fid=290031]

As part of Lewis Land’s long-term sustainability vision, the entire Harbour Shores precinct – including this latest release – is targeting a 6 Star Green Star rating.&nbsp;

Eco-conscious initiatives include solar energy, EV charging infrastructure, water-retention systems, and the planting of over 200,000 native and tropical species across the site.

Apartments in the new release start from just under $1 million. Limited marina berths are also available.

[smartcode_project_cta:default project_id=113271]

Apartments in the new release start from just under $1 million. 

Lewis Land unveils Palm House, Harbour Shores latest stage

Local South East Queensland builder-developer Gardner Vaughan Group has kicked off another in a long line of new mixed-use developments in Brisbane's inner ring.

This time they're developing in Nundah, where the family-run business has called its HQ for over a decade.

They've just put shovel to ground on <a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah">Danby Lane</a>, a mixed-use commercial and residential development just of 84 two, three and four-bedroom apartments that will sit above a series of retail and commercial spaces. As a sign of trust in what they deliver, <a href="/developers/gardner-vaughan-group">Gardner Vaughan</a> will relocate their current <a href="/developments/nundah-qld-4012">Nundah</a> office to one of the commercial spaces.

[smartcode_project:default project_id=112531 project_image_fid=320117]

GVG Commercial Director, Sam Gardner, said the ground-breaking is "about building momentum."

“Danby Lane represents our commitment to delivering places with purposes, designed for real people living real lives right here in Nundah," Gardner says.

"As a long-standing, family-owned builder and developer based in Nundah, we are committed to keeping our neighbours and surrounding residents informed of every step relating to the build of Danby Lane. Transparency and open communication are key to delivering a project that respects and enhances the community we’re proud to be part of.”

[smartcode_project:default project_id=112531 project_image_fid=340186]

Simon Betteridge, CEO of GVG, described Danby Lane as more than just an apartment complex, calling it a "lifestyle destination."

“Our vision for Danby Lane goes beyond just building apartment homes, we’re creating a community," Betteridge says.

"Having called Nundah GVG’s home for over a decade, we wanted this development to reflect the spirit of the area - where history, modern living and a strong sense of connection come together. A key part of this vision was to create a new gateway to Nundah, acting as a landmark for the area and contributing to its ongoing revitalisation.

The project’s brick arch façades are a respectful nod to Nundah’s architectural past, while establishing a striking, modern identity for the future.

[smartcode_project:default project_id=112531 project_image_fid=320114]

The 12-level building will feature a&nbsp;vibrant ground-floor retail and an array of resort-style resident amenities, including a pool, gym, function room and rooftop recreational area with sweeping city views.

Brisbane City Councillor Adam Allan reinforced Council’s support for urban renewal that aligns with long-term sustainability and liveability goals.

“Danby Lane will bring fresh energy into the heart of Nundah,” Councillor Allan said.

“It’s a smart, community-first development that reflects the way locals want to live, walkable, connected and full of life.”

Construction of Danby Lane is now underway, with completion anticipated in 2027.

[smartcode_project_cta:default project_id=112531]

The 12-level building will feature a vibrant ground-floor retail and an array of resort-style resident amenities, including a pool, gym, function room and rooftop recreational area with sweeping city views

Gardner Vaughan kicks off construction at Danby Lane, Nundah

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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