Sydney rich-lister Ian Malouf has launched a sales campaign for the three-level spread atop his completed Broadbeach apartment development, REMI Residences.

The REMI Residences penthouse on Surf Parade spans 1,200 sqm and features six bedrooms, two of which are in a self-contained apartment, and a&nbsp;wine cellar with a dedicated tasting room.

The private rooftop is the standout, complete with a swimming pool and a rooftop pickleball court, the first in the world.

<img alt="REMI" data-entity-type="file" data-entity-uuid="35123635-971e-40d7-83ea-f4eed18c858e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-07%20at%201.35.44%E2%80%AFPM.png?VersionId=Z2aGQZJXp6zRBjKX8hDAlSPGnUZh3hVc" />

&nbsp;

“This development reflects what we like in our yachts and residences in scale, design, finishes and artwork," Malouf said.

"Our objective was to create a world-class penthouse."

Highland agent Hanan Cawley says there is no completed luxury penthouse product of this calibre currently available in the central Gold Coast.

“This is a rare chance to experience and purchase an ultra-luxury residence that is not just conceptual, but fully complete and ready to occupy.”

<img alt="REMI" data-entity-type="file" data-entity-uuid="a61367ab-e871-41e7-90ac-73527cbb8159" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-07%20at%201.36.11%E2%80%AFPM.png?VersionId=EaD7T5imi7.l5FagOMUJj5OPLFtC.o5z" />

&nbsp;

REMI Residences, completed last year, features a suite of five-star amenities including spa treatment rooms, saunas and steam rooms, hot and cold plunge pools, and a 15-metre lap pool.

David Highland, CEO of Highland Property, said the REMI penthouse is&nbsp;one of the most remarkable penthouses he's seen anywhere in the world.

&nbsp;

“It’s not just the size and scale—it’s the lifestyle, the finish, the readiness. Ian’s created something truly iconic here.”

[smartcode_project_cta:default project_id=144831]

&nbsp;

“This development reflects what we like in our yachts and residences in scale, design, finishes and artwork," billionaire Ian Malouf said.



Joel Robinson

World-first rooftop pickleball court crowns new Gold Coast penthouse

International DJ Paul Fisher and his wife Chloe have revealed their much-anticipated Palm Beach apartment development, <a href="/new-apartments/pescado-palm-beach-229-jefferson-lane-palm-beach-qld-4221">Pescado</a>.

The $50 million development, on the dress circle Jefferson Lane, is being developed by the Fishers new development company, YLB Property Developments, and will home just seven ultra-luxury apartments designed by the Fishers and BDA Architecture.

The Fishers, who intend to retain the two-level penthouse, have already appointed Gold Coast construction company HNKN to build Pescado.

[smartcode_project:default project_id=149651 project_image_fid=342040]

Located at 228-230 Jefferson Lane, Palm Beach, Pescado will be designed as a tranquil retreat, offering a seamless blend of architectural sophistication and relaxed beachside living.

Designed in collaboration with leading BDA Architecture, Pescado will set a new standard for premium, low-density living, offering just six full-floor residences and an expansive two-level penthouse in the eight-level building.

Fisher, who has travelled extensively, describes Palm Beach as his personal retreat and the inspiration behind Pescado.

“After weeks on the road, all I can think about is getting home,” Fisher said.

“That feeling of calm, of being fully present, is what we want to bring to Pescado.”

[smartcode_project:default project_id=149651 project_image_fid=342042]

Each three-bedroom, three-bathroom home will feature expansive open-plan layouts, high-end finishes, and seamless indoor-outdoor living. Prices start from $5.25 million.

Designed with an emphasis on wellness, functionality and meaningful social spaces, the residence features a resort-style pool, gym, cold plunge, BBQ, and dining areas, encouraging a balanced lifestyle.

“Palm Beach is part of my DNA, and that’s reflected in Pescado’s design, which captures the natural rhythm and energy of the coastline – it’s wavy and groovy, just like my music,” Fisher added.

“We wanted to create a space where people can entertain, bring their friends over, and truly enjoy the coastal lifestyle.

“Pescado is not just another luxury development—it’s a deeply personal project for us. We’re not just building this place and moving on; this is our forever home. Every detail has been considered to ensure that Pescado is a special place, not just for us but for everyone who becomes part of this journey.”

[smartcode_project:default project_id=149651 project_image_fid=342044]

The name ‘Pescado’ – Spanish for ‘fish’ – is a nod to Fisher’s time in Ibiza, where the nickname stuck. Chloe Fisher, Co-founder of YLB Developments, has led the interior design direction, ensuring Pescado balances elegance with everyday comfort.

“Pescado’s interiors are designed to blend elegance with comfort to ensure it feels like a home, not just a house,” Chloe Fisher said.

“We’ve drawn influence from some of our favourite hotels around the world, with a strong focus on sustainability and liveability – and for me, it’s all about creating a true sense of home.

“We took inspiration from our homes in LA and Ibiza, using organic textures and neutral tones, with subtle pops of sage green and blush pink to give Pescado its own personality without overpowering the coastal feel.

“Functionality has remained at the forefront of the design. We’ve stayed in some of the most beautiful homes around the world, and yet, often we find that the high-end design doesn’t always translate to practicality."

Fisher said they&nbsp;wanted to ensure that every aspect of Pescado was purposeful and considered.

[smartcode_project:default project_id=149651 project_image_fid=342048]

The development team have worked alongside leading architects and designers to bring the project to life, ensuring the highest standard of craftsmanship and architectural integrity. BDA Architects has delivered a design that integrates contemporary coastal architecture with timeless interior appeal.

Darren Greenaway, Director of BDA Architects, said the wave-like façade was deliberately designed to reflect the transition from chaos to calm, with the architecture symbolising a journey from the noise of daily life into a private sanctuary.

“Pescado reinterprets the Gold Coast’s coastal vernacular with modern influences, using crafted brickwork, travertine, and expansive, light-filled spaces to ensure lasting elegance,” said Greenaway.

“Our goal was to incorporate a fluid, organic curvature into the façade so that when people look at Pescado, they experience the same sense of serenity they would watching the ocean.”

With approvals secured, sales are now underway, exclusively represented by Pezet Matheson.

Jayde Pezet, Managing Director of Pezet Matheson, said they anticipate strong demand for boutique beachside developments of this calibre.

“Pescado’s craftsmanship, prime location, and exclusivity will set it apart in the Palm Beach market," Pezet said.

“As interest in high-end, low-density residences continues to grow, Pescado is expected to become a defining addition to Palm Beach’s landscape—offering both prestige and enduring value.”

[smartcode_project_cta:default project_id=149651]

Fisher, who has travelled extensively, describes Palm Beach as his personal retreat and the inspiration behind Pescado.



DJ Fisher launches Pescado, luxury Palm Beach apartment development

Sekisui House Australia has revealed the premium sky home collection in Willow, their most recent release in the $2 billion Wentworth Point masterplan, Sanctuary.

The 48 apartments, on levels 20 to 28 of the new building, will offer expansive, uninterrupted views across Millennium Parklands, the Parramatta River, Sydney’s CBD, and out to the Blue Mountains.

The sky homes are part of the third stage of Sanctuary, two mid-rise buildings and a 28-level tower, to be developed around a&nbsp;podium lagoon pool, connected to an internal and external communal pavilion.

[smartcode_project:default project_id=6969 project_image_fid=228652]

Paul Wainwright, Senior Sales and Operations Manager – Apartment &amp; Mixed-Use Developments at Sekisui House Australia, said the sky homes represent the most aspirational collection released within the Sanctuary community to date.

“All upper-level residences have been designed to maximise breathtaking outlooks, with no risk of future obstruction," Wainwright says.

"These homes offer more space, higher finishes and a rare connection to the natural surroundings that is difficult to find in a city-edge location."

[smartcode_project:default project_id=6969 project_image_fid=228634]

The release comprises a mix of one, two, three, and four-bedroom apartments, with prices starting from $810,000 and reaching $4.5 million for the four-bedroom penthouse. The average apartment size is 93 sqm, with generous floorplans that prioritise natural light, privacy, and open living.

Designed by acclaimed architecture and design studio TURNER, Willow’s form is inspired by the flowing curves of the Parramatta River. Its distinctive terracotta façade graduates from darker shades at the base to lighter tones at the top, subtly defining the premium upper floors.

James McCarthy, Director at TURNER said the Sky Homes were conceived as residences immersed in nature and surrounded by sky.

“These upper levels have been carefully designed to offer a sense of calm elevation," McCarthy said.

"Curved bronze-toned batten screens filter light, add privacy and accentuate the tower’s sculptural form. Floor-to-ceiling glazing and expansive balconies invite the outdoors in, while maximising views in every direction.”

McCarthy said the&nbsp;architectural vision for <a href="/new-apartments/sanctuary-wentworth-point-willow-release-11-wattlebird-road-wentworth-point-nsw-2127">Willow</a> was shaped by the idea of a building growing out of its landscape.

"We conceptualised the architecture to feel like a natural extension of the parklands. The forms are soft and organic, drawing from the curvature of the river, while the material palette complements the surrounding waterfront and bushland.”

The design ensures a sense of privacy and openness, with no buildings directly facing one another.

“Each tower within the Sanctuary masterplan is intentionally offset to preserve view lines and avoid visual crowding. From the Sky Homes, residents will experience a feeling of peaceful separation, a real sense of being removed from the density of urban living,” James added.

“We’ve created rational, rectangular floorplates behind the sculptural forms, so while the buildings appear fluid, the interiors are practical and easy to furnish. It is a balance of emotional and spatial intelligence, the architecture stirs something in you, but it also just works.”

[smartcode_project:default project_id=6969 project_image_fid=228638]

&nbsp;

Positioned at the gateway to Millennium Parklands, Willow is also known as the ‘Green Heart’ of the Sanctuary masterplan, a secluded, peaceful setting surrounded by native bushland and water.

Residents will have exclusive access to a resort-style lagoon pool, outdoor entertaining spaces, landscaped podium garden, and a flexible indoor communal pavilion suitable for social gatherings, working from home, or quiet study.

Wainwright said buyer interest has been strong in the lead-up to the release.

“We are witnessing demand from both existing purchasers waiting for this collection and new buyers who value lifestyle, space, and quality. The express ferry to Barangaroo in just over 20 minutes, means residents can avoid traffic altogether, it is a key drawcard for busy professionals.”

When completed in 2030, Sanctuary will comprise around 2,000 homes, integrated parks, new public spaces, retail, and direct access to the future Parramatta Light Rail, helping transform <a href="/developments/wentworth-point-nsw-2127">Wentworth Point</a> into one of Sydney’s most connected waterfront communities. Residents are expected to move in by mid-2026.

[smartcode_project_cta:default project_id=6969]

When completed in 2030, Sanctuary will comprise around 2,000 homes, integrated parks, new public spaces, retail, and direct access to the future Parramatta Light Rail

Sekisui House Australia launches Willow skyhome collection in $2 billion Sanctuary masterplan in Wentworth Point

Summary:

<ul>
	<li aria-level="1">ANGLE’s Fernhurst in Kew progresses with COBEN appointed as builder and ANZ funding secured 
	&nbsp;</li>
	<li aria-level="1">The project offers eighteen apartments and three free-standing houses in tightly held Studley Park 
	&nbsp;</li>
	<li aria-level="1">Designed by Edition Office, the residences feature natural materials and generous outdoor spaces by Eckersley Garden Architecture 
	&nbsp;</li>
	<li aria-level="1">Located 300m from Kew Junction, with access to top schools and green spaces</li>
</ul>

<hr />
Design-driven developer <a href="/developers/angle">ANGLE</a> has reached two significant milestones with its recently unveiled Kew residential development, Fernhurst.

First, they have secured funding from ANZ, making it one of the few new residential developments in Melbourne backed by a Big Four bank. With financing in place and a significant percentage of homes already sold, ANGLE has appointed high-end builder <a href="/builders/coben">COBEN</a> to deliver a mix of apartments and freestanding houses in one of <a href="/developments/kew-vic-3101">Kew's most coveted locations</a>.

COBEN has already begun site works on the rare 4,000 sqm Fernhurst Grove site, nestled in the heart of the leafy Studley Park, where new development is exceptionally scarce.

<a href="/new-apartments/fernhurst-kew-11-15-fernhurst-grove-kew-vic-3101">Fernhurst</a> will feature just 18 apartments and three freestanding houses, all privately set one street back from the vibrancy and convenience of Kew Junction.

[smartcode_project:default project_id=138904 project_image_fid=326922]

Fernhurst marks another collaboration between ANGLE, COBEN, <a href="/architects/edition-office">Edition Office</a>, and <a href="/landscape-architect/eckersley-garden-architecture">Eckersley Garden Architecture</a>. The same team previously partnered on ANGLE’s Fenwick development in Studley Park, a multi-award-winning project just 700 meters from Fernhurst.

ANGLE prioritizes privacy in its designs. The large size of the site has allowed for generous setbacks, and extensive landscaping has been used to almost conceal the buildings from the streetscape.

[smartcode_project:default project_id=138904 project_image_fid=326892]

Edition Office and Eckersley Garden Architecture worked closely together to ensure that the design and articulation of the buildings complement, rather than compete with, the landscaping. The design highlights a strong connection to nature, with the brick façade seamlessly blending into the abundant greenery. The architecture conveys a sense of permanence, making the buildings appear as if they have been part of the streetscape for decades.

The apartments in Fernhurst feature spacious, open-plan living areas with a minimum ceiling height of three meters, designed to maximize natural light and create a seamless flow between indoor and outdoor spaces. Each of the two and three-bedroom apartments includes lush terraces or courtyards.

[smartcode_project:default project_id=138904 project_image_fid=326884]

True to ANGLE's ethos, the development prioritizes space and quality over density. Despite occupying a full acre site, the apartments are generously sized, with two-bedroom units starting at over 140 sqm—some of the largest two-bedroom apartments available in Melbourne. The three-bedroom apartments offer more than 200 sqm of true indoor-outdoor living space.

The interiors are crafted with a refined and tactile material palette, featuring European oak flooring, travertine tiles, and bespoke timber joinery. Kitchens are equipped with Gaggenau appliances and Brodware tapware, while bedrooms include Molteni&amp;C wardrobes and luxurious wool carpets.

[smartcode_project:default project_id=138904 project_image_fid=326839]

Fernhurst will also feature three unique freestanding houses. Two will be newly built, each with three bedrooms, a home office, four bathrooms, and garages. The third home is a grand heritage property that will be carefully restored and brought into the 21st century with a reconfigured floor plan, all while retaining its original façade.

<a href="/project-marketer/jellis-craig-projects">Jellis Craig Projects</a> Director Stephen Bowtell is selling Fernhurst, having sold out Fenwick before it completed in 2023.

"Fernhurst offers a rare opportunity for downsizers looking to live in Kew's historic Studley Park Estate," Bowtell says.

"It's not often a development in inner Melbourne combines such natural beauty and privacy, while also being so well connected to everything one of Melbourne's best suburbs has to offer. ANGLE, Edition Office and Eckersley Garden Architecture have come together again to bring what will be another landmark development in Kew for generations to come."

[smartcode_project_cta:default project_id=138904]

Builder appointed, ANZ funded: Inside Fernhurst, Kew's newest residences

The standard for amenities in new developments has drastically risen over the past decade, shifting from a focus solely on practical functionality to a holistic approach that considers how the entire building can enhance a resident’s lifestyle.

While a prime location provides inherent lifestyle advantages like proximity to dining and retail offerings, developers and architects are increasingly shaping buyer decisions by optimising in-building amenities, offering residents a more comprehensive and convenient lifestyle. This focus has grown exponentially nationwide, driven by evolving resident needs and expectations of prospective buyers.

ASX-listed developer <a href="/developers/lendlease-development">Lendlease</a> prioritised amenity design in its latest <a href="/developments/docklands-vic-3008">Docklands</a> residential offering, <a href="/new-apartments/ancora-at-collins-wharf-docklands-971-collins-street-docklands-vic-3008">Ancora at Collins Wharf</a>. Ancora will be the third building in the Collins Wharf precinct, a previously underutilised wharf at the end of Collins Street which is being developed into a thriving new community.

[smartcode_project:default project_id=9779 project_image_fid=314802]

The attention to detail starts at the front door, where residents are greeted by a grand hotel-style lobby with triple-height ceilings, providing a distinguished sense of arrival. Each resident at Ancora will have access to concierge services, ranging from accepting deliveries to leisure and entertainment-based services and everything in between.

Collins Wharf aims to enhance the lifestyle of its residents by offering an impressive range of amenities that make living easier through social connection, health, and wellness. To achieve this, they’ve designed not one, but two open-air terraces at Ancora.

Each terrace features spacious alfresco dining areas with barbecue facilities, comfortable seating, beautifully landscaped gardens, and stunning north-facing views of the city and Harbour. These thoughtfully designed spaces are perfect for residents to connect with one another, creating an ideal setting for both casual gatherings and welcoming guests to Ancora.

[smartcode_project:default project_id=9779 project_image_fid=314808]

It’s the same concerted effort to promote social interaction that inspired The Collins Room, a residents' lounge and private dining area that enhances the offering of an inclusive, connected community.

There are many components to a healthy lifestyle. Collins Wharf has also laid an importance to the physical aspect of health and wellbeing. In addition to the social spaces, Ancora also offers a fully-equipped, private gym with water views, a 25-metre indoor swimming pool, spa, sauna, and a steam room.

[smartcode_project:default project_id=9779 project_image_fid=314809]

Beyond what has been included in the building, Ancora benefits from its connected location. Collins Wharf sits at the end of Collins Street, one of Melbourne’s best streets and the cultural heart of the capital. Collins Street is lined with world-class dining, cafes, luxury retail, premium hotels, and major business headquarters. All of the above are just a short walk, or a free tram ride away from Collins Wharf.

Collins Wharf has not just leaned on the convenience of Collins Street to satisfy its future residents. The next stage of Collins Wharf will see over 5,000 sqm of new parkland established to enhance the resident experience by creating a connection to nature, something that is often overlooked in inner-city developments.

[smartcode_project:default project_id=9779 project_image_fid=318937]

Designed by landscape architect <a href="/landscape-architect/openwork">Openwork</a>, these green spaces incorporate indigenous plantings and will feature fitness stations, play zones, covered seating areas, and open lawns, fostering a sense of community and creating yet another space for Collins Wharf residents to gather without going far from their front door.

Designed by <a href="/architects/warren-and-mahoney">Warren &amp; Mahoney</a>, Ancora offers 302 one, two, three, and four-bedroom apartments across two different collections; the Waterfront Collection and the Premier Collection, the latter of which offers a range of house-sized living options including skyhomes and townhomes.

[smartcode_project:default project_id=9779 project_image_fid=314797]

Nick Deans, Principal at Warren and Mahoney, describes Collins Wharf as a remarkable example of placemaking, with a design inspired by its unique waterfront location and urban interface.&nbsp;

“In partnership with Lendlease, we’re creating a distinctive precinct that seamlessly blends the vibrancy and amenities of Melbourne’s CBD with the tranquillity of a waterfront retreat. Ancora redefines apartment living, offering world-class amenities and exceptional outdoor spaces, all set right on the water’s edge.'

Construction on Ancora is set to commence later this year, with completion expected in 2027.

[smartcode_project_cta:default project_id=9779]

Nick Deans, Principal at Warren and Mahoney, describes Collins Wharf as a remarkable example of placemaking, with a design inspired by its unique waterfront location and urban interface

Lendlease creating world-class resident experiences at Collins Wharf

Prolific Melbourne developer Hirsch &amp; Faigen is set to boost its investment on the Gold Coast to more than $700 million after announcing plans for a fourth beachside project in as many years.

Hirsch &amp; Faigen, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has lodged a development application for the $240 million residential apartment project earmarked for a 1,100sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="/new-apartments/marbella-broadbeach-7-9-surf-parade-broadbeach">Marbella</a> will deliver 100 apartments across 31 levels, making it the company's largest Gold Coast project to date and leveraging off the success of its three earlier projects which all sold out prior to construction starting.

<a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a> lodged the development application for Marbella Broadbeach this week as the company edges closer to completion of its latest project Yves Mermaid.

The announcement of Marbella Broadbeach affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied.

It also increases the value of Hirsch &amp; Faigen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with the launch of Hemingway at Palm Beach.

The company has enlisted its trusted team of Rothelowman Architects and Hutchinson Builders to design and deliver Marbella Broadbeach respectively, continuing a successful partnership forged across the group’s previous Gold Coast developments.

<img alt="Marbella" data-entity-type="file" data-entity-uuid="6ab9ff4e-16ee-44b5-aa52-5cbfc4aaf1cc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-03%20at%2010.48.26%E2%80%AFAM.png?VersionId=UyI0DI4CD1v0cZPlRsdZnn81S8xIOZyL" />

Marbella&nbsp;will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, Marbella&nbsp;has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market.

Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp; Faigen and a shareholder of the group.

“With the likes of Mosaic and Abedian &amp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

&nbsp;

“After four years in the Gold Coast market, and with three successful projects completed, Marbella is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country.

“We continue to remain very confident in the high-end Gold Coast property market.”

The plans for Marbella herald Hirsch &amp; Faigen’s Broadbeach market debut after the group has now made its mark at Kirra Beach with Emerson, Hemingway at Palm Beach and Yves at Mermaid Beach.

Pending approvals for the code-assessable project, the company expects construction to start in September this year.

Hirsch & Faigen plots fourth Gold Coast apartment development, Marbella Broadbeach

Immerse Projects is preparing its third new apartment development in the ever-popular Coolangatta/Kirra area.

Led by building veteran John Kearney, who also runs local construction giant Greyburn, Immerse has filed plans for a new development on <a href="/new-apartments/5-haig-street-coolangatta">Haig Street</a>, just off Musgrave Street and just metres from the beach.

They've called on BDA Architecture to design the 14-level building, which will feature 105 apartments: 64 three-bedroom and 41 two-bedroom units.

Kearney told Urban the diversity of product mix will suit a wider section of the house market needs, not just the downsizer.

"The two, two-bed plus MPR, and three-bed configurations could suit part-time owner-occupiers who might choose to short-term let, lock-and-leave owners, and downsizers who don't want, or can't afford, a full-floor apartment which Kirra is flooded with."<img alt="Kearney Haig Street" data-entity-type="file" data-entity-uuid="8ecdf609-dc29-4bbc-9030-16580980754c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-02%20at%202.49.43%E2%80%AFPM.png?VersionId=GFWghfxn6ifF9N9Y4uduzMD9j7LV3GzH" />

Kearney says he has strong belief in the Kirra market and its future growth prospects.

"Kirra has much more amenity on its doorstep than other parts of Coolangatta. There's a real sense of identity with Kirra, it's a really special place."

BDA wrote in their submission to the Gold Coast City Council the architectural vision for 5-7 Haig Street "embraces its coastal setting by responding to the built form, climate, and surrounding landscape."

"The development is designed to integrate seamlessly with its neighbourhood, enhancing the identity of the Kirra precinct while respecting existing urban character and natural elements."

Apartment sizes start from 70 sqm internal for the two-bedroom apartments, and 130 sqm for the two-beds with MPR. The three's start from 130 sqm with 17 sqm of balcony. There are three two-level beach houses that start on the ground level.

The majority of the resident amenity is pitched for the level two podium. A lap pool will run along the northern edge of the building and will sit next to a pool deck, a spa and ice bath area, a gym, a kids play area, and a work from home space with a meeting room.&nbsp;There will also ba a private dining space with outdoor terrace on the ground level.

Immerse secured the amalgamated 2,026 sqm double-block earlier this year. The site is occupied by two two-level qwalk ups, Giraween and Caribbean, dating back to the mid 1970s. They comprise 14 apartments in total. 
<img alt="Kirra" data-entity-type="file" data-entity-uuid="9e83139f-7614-4dab-b027-bd87f953d0f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-02%20at%202.49.47%E2%80%AFPM.png?VersionId=nQXnpNrdQmXuaMAj7hZ_ou7dXaWxsa_r" />

Immerse is currently developing <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill</a>, just 850m away from the new development on Garrick Street. Rhythm has sold the majority of its 40 one, two and three-bedroom apartments, which will be completed later this year.

Immerse and Greyburn have become quite the formidable development partners in recent years.

As well as Rhythm, Immerse&nbsp;is currently developing&nbsp;Ombre Robina, which will finish construction this summer. They also have another site in Kirra, on McLean Street, which is approved for 58 apartments across a 17-level building.

Greyburn is building both of Immerse's projects, as well as <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri Villas</a> on Isle of Capri, which is nearly complete, and the first stage of Lewis Land's 16-hectare Biggera Waters masterplan, <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>.

Kirra was one of the success stories for new apartment developments even before COVID hit Australia. The launch of Miles Residences by KTQ at the end of 2019 started a wave of demand, from both local and interstate developers and both local and interstate buyers at both ends of the market.

First look: Immerse Projects plan new apartments at Kirra Beach

Is Brisbane's property market growth sustainable?

We're still seven years away from the 2032 Brisbane Summer Olympics, and in the last two years alone, Brisbane dwelling values (houses and units combined) have risen by 24.5 percent.

Last year saw the biggest increase in units since the late 1980s, with values growing by 16.6 percent in 2024, bringing the median unit value to $680,000.

Three months into 2025, and not much has changed.

CoreLogic's latest Home Value Index shows another 0.7 percent gain in unit values in March, following gains of 0.7 percent in February and 0.6 percent in January. Now, the median unit value is approaching $700,000.

With billions of dollars set to be poured into major infrastructure projects across Brisbane, a forecasted strong increase in population, and an ongoing shortage of new properties coming to market, there's no reason why Brisbane can't continue to outperform the rest of Australia.

<h2>What happened in Brisbane’s off the plan apartment market in March?</h2>

Brisbane was spurred again with another huge government announcement. It was revealed Victoria Park, on the edge of Spring Hill, will be hub of the 2032 Brisbane Summer Olympic Games.

A new 63,000-seat stadium will be delivered and will become the new home of the Brisbane Lions, Brisbane Heat, and Queensland Bulls.&nbsp;There will also be a new National Aquatic Centre at Centenary Pool in Spring Hill and a major upgrade of the Queensland Tennis Centre.

<img alt="Let the Games begin: QLD Government reveals 2032 Brisbane Summer Olympic Games plans" 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%202025-03-26%20at%208.29.00%E2%80%AFAM.png?VersionId=tf4963Fh57hVGfR0RQFRtwEM_Grb4oQ5" />

While a dedicated Brisbane Arena is no longer required for the Games, the government is facilitating its delivery by the private sector at the GoPrint site in Woolloongabba.

Premier David Crisafulli emphasised that the new venues and upgraded facilities would attract world-class events beyond 2032, ensuring a lasting impact on Brisbane.

Read more:&nbsp;<a href="/news/qld/let-the-games-begin-qld-government-reveals-2032-brisbane-summer-olympic-games-plans">Let the Games begin: QLD Government reveals 2032 Brisbane Summer Olympic Games plans</a>

Limited new apartment supply is still the story of Brisbane, although prospective new apartment buyers were treated to a rare new project launch.

Local developer <a href="/developers/demartini-fletcher-property">DeMartini Fletcher</a>&nbsp;launched their&nbsp;<a href="/developments/stones-corner-qld-4120" target="">Stones Corner</a> development,&nbsp;<a href="/new-apartments/corner-house-stones-corner-18-stoneham-street-stones-corner">Corner House</a>, 88 one, two, and three-bedroom apartments starting from $765,000.&nbsp;

&nbsp;

[smartcode_project:default project_id=149098 project_image_fid=330588]

DeMartini Fletcher has collaborated with&nbsp;<a href="/architects/ellivo-architects">Ellivo Architects</a>&nbsp;on the design which aims to honour the heritage of the localicty while bringing in a contemporary twist.

Residents will have access to a rooftop retreat designed as a lifestyle-focused extension of their homes. The roof will feature a&nbsp;resort-style pool, spa, sauna, ice bath, gym, yoga lawn, residents’ herb garden, and barbecue facilities, all with sweeping views of Brisbane’s skyline.

[smartcode_project:default project_id=149098 project_image_fid=330608]

Corner House will integrate sustainability principles, with a focus on climate-responsive design and urban greenery.

&nbsp;

Read more:&nbsp;<a href="/news/qld/demartini-fletcher-launches-corner-house-apartments-in-stones-corner">DeMartini Fletcher launches Corner House apartments in Stones Corner</a>

While a lot of new apartment developments are going through the development application process or locking in build contracts before becoming available for buyers, developers are continually padding out their pipelines.

Silverstone Developments sees more value in apartments than offices, so they've changed their plans for their prime riverfront Coronation Drive site in Milton. They now want to develop a 30-level building with 192 apartments.

<img alt="First look: Silverstone Developments to turn office to apartments on Milton riverfront site" 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%202025-03-03%20at%202.29.53%E2%80%AFPM.png?VersionId=8nPCP662AeBDd37vsZH_na4avFEqCn4T" />

Targeting owner-occupiers, the development will offer two and three-bedroom residences with rooftop amenities, including a lap pool and gym.

Read more:&nbsp;<a href="/news/qld/first-look-silverstone-developments-to-turn-office-to-apartments-on-milton-riverfront-site">First look: Silverstone Developments to turn office to apartments on Milton riverfront site</a>

&nbsp;

City Beat March 2025: Olympics announcement to drive further growth in Brisbane property market

Sydney House, the Sydney CBD's newest landmark, has been designed by not one, but two of Australia's most decoarted architecture practices.

BVN Architecture and FJC Studio joined forces to win the design competition for the project, a process required for new buildings in the City of Sydney local government area that cost over $100 million or exceed a certain height.

FJC Studio, led by Richard Francis-Jones, conceived the designs for the heritage podium and restoration of the original 1891 building, while BVN took care of 50-level protruding glass tower which will home 241 luxury apartments and a high-end hotel.

The former Pitt Street home of the City Tattersall Club is being redeveloped by joint venture partners <a href="/developers/first-sponsor">First Sponsor Group</a>, a listed Singaporean developer, and the Melbourne-based developer <a href="/developers/icd-property">ICD Property</a>, the developer behind several of Melbourne's tallest and most impressive apartment towers.

[smartcode_project:default project_id=12428 project_image_fid=312147]

The design of <a href="/new-apartments/sydney-house-by-city-tattersalls-club-194-204-pitt-street-sydney">Sydney House</a>&nbsp;pays homage to the late Victorian architecture of City Tattersalls Club and interprets its Free Classical style with contemporary grace.

BVN Architecture, led by Principal, Phillip Rossington and Matthew Blair, designed the tower with interiors by BVN Principal, Sally Campbell.

Seen from the street, there is an interplay between the arched windows of the heritage facades and the scalloped fenestration of the tower above.

“The fenestration has a rhythm inspired and inflected by the arched windows of the historic facades, subtly linking the forms while delineating new from old," Rossington says.

"This complementary approach enriches the reading of the heritage buildings, so they’re appreciated in a new light."

[smartcode_project:default project_id=12428 project_image_fid=312145]

The craftmanship of a bygone era is reinterpreted through a considered design language that filters through all levels of the hotel and tower.

Residents, patrons and hotel guests benefit from new levels of amenity with the stepped volumes creating expansive terraces and floorplans that draw natural light deep into the tower. Skyline vistas are available at every level while the penthouses enjoy panoramic views east across Hyde Park to the Heads, west to Darling Harbour, and north toward Circular Quay and Sydney Harbour.

[smartcode_project:default project_id=12428 project_image_fid=312146]

Richard Francis-Jones, Design Director of FJC Studio, says Sydney House is a "remarkable ensemble of beautiful street facades and interior spaces across four eras, from Victorian Free Classical to today."

"We have adapted and restored three heritage buildings and designed a new contemporary infill building that completes the Pitt Street composition and defines the distinctive identity of Sydney House.

“The new infill facade is distinctly modern, with a depth, compositional character and material richness that complements the exceptional detail and beauty of the three heritage facades. The Victorian and Inter-War Palazzo-style heritage facades have been carefully restored and enriched through new modern adaptive elements. &nbsp;

“New entrances, awnings, and shopfronts are refined contemporary designs inspired by the geometry and grandeur of the restored Art Deco rooms within. This integrated architectural approach extends to the interiors where the restored late Victorian and Art Deco spaces are complemented by a new grand staircase and public artworks, creating a cohesive and enriched experience for occupants and visitors in a unique multi-era, mixed-use Sydney House.”

Sydney House is being marketed through CBRE and is expected to launch later this year.

[smartcode_project_cta:default project_id=12428]

Richard Francis-Jones, Design Director of FJC Studio, says Sydney House is a "remarkable ensemble of beautiful street facades and interior spaces across four eras, from Victorian Free Classical to today."

BVN and FJC Studio’s architectural vision for Sydney House

There’s nothing quite like a new penthouse listing.

Beachfront apartment developments, particularly at the southern end of the Gold Coast, are incredibly rare. This makes the penthouses that crown developments like <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">PIPIS</a> even more unique.

Developer <a href="/developers/siera">SIERA</a> has been working toward the completion of the luxury 11-level Golden Four Drive development, located on the sands of Bilinga Beach. They are anticipating welcoming residents at the end of 2025. Now, they've released a first look inside the luxury two-level penthouses, which are expected to set a new apartment record for this quiet beachside suburb.

Each penthouse spans 446 sqm of internal and external living space across the top two levels of the Ellivo Architects-designed building.

The PIPIS Penthouse Collection is defined by high-end finishes, including natural stone, Navurban Balmoral and Plytec Blossom joinery, woodcut white-oiled natural timber, wool-textured loop carpet, and handmade feature tiles.

A sculptural spiral staircase serves as a striking focal point, complemented by a private lift offering seamless access between levels.

[smartcode_project:default project_id=138311 project_image_fid=341447]

Floor-to-ceiling windows wrap almost entirely around the penthouses, framing panoramic views of the coastline. Each residence has been designed for indoor-outdoor living with four balconies and two entertainment areas, one of which is positioned on the rooftop and will be home to a private plunge pool with a sun deck.

The kitchens are appointed with premium appliances, including an induction cooktop, combination steam oven, speed oven, ZIP tap, InSinkErator, built-in coffee machine, and a butler’s pantry with a wine cellar.

The penthouses offer four spacious bedrooms, one of which is an expansive master suite with a walk-in wardrobe and ensuite.

Each penthouse includes four secure car spaces with EV charging, dedicated bike and surfboard storage, and a full-size laundry with an outdoor drying court.

[smartcode_project:default project_id=138311 project_image_fid=264308]

PIPIS comprises just 17 half-floor apartments, as well as the two penthouses.

Residents of PIPIS will have access to a range of private ground-floor amenities, including a 15-metre heated lap pool with a sun lounge deck, a fully equipped gym with rowing, biking, and reformer Pilates facilities, as well as an outdoor rain-head shower and dog wash station.

PIPIS has been popular with owner-occupiers, downsizers, and investors from both Brisbane and the Gold Coast, while a handful of buyers have come from outside Sydney and Melbourne.

The highest settled sale price for an apartment in Bilinga is $4.6 million, in the recently completed Si Bilinga block, just a few doors down from PIPIS.

[smartcode_project_cta:default project_id=138311]

PIPIS has been popular with owner-occupiers, downsizers, and investors from both Brisbane and the Gold Coast, while a handful of buyers have come from outside Sydney and Melbourne

PIPIS penthouses turn heads in Bilinga

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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