Developer Golden Sedayu has launched its own construction arm to deliver its landmark $3.8 billion masterplan, Burswood Point.

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Golden Sedayu Construction will soon commence works&nbsp;on the first stage of the new precinct development, which includes the construction of the first&nbsp;two apartment towers: Somerset East and Somerset West. The newly assembled construction team involves key personnel who have previously worked on landmark projects such as The Ritz Carlton and The Towers at Elizabeth Quay.

"This strategic move ensures greater control over project timelines, quality assurance, and seamless coordination," Golden Sedayu Managing Director, Andrew Sugiaputra, said.
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More than $200 million in site works have been completed already, including access roads, water works, sewer infrastructure, bulk earthworks, and a new bridge connecting Victoria Park Drive to the precinct.&nbsp;

Construction of the two towers, which will home 203 apartments, will begin in May. Completion is slated for Q4 2027.

60 per cent of the apartments in Somerset West have been snapped up. Somerset East will launch in the coming months.

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Situated on a 38-hectare site along the Swan River, <a href="/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a> is set to become one of Western Australia’s most significant urban renewal projects.&nbsp;

The development will eventually bring 4,500 homes, hotels, retail and dining options, and extensive public open spaces to the area, with over 110,000 sqm of parklands and a 2.5-kilometre foreshore.

Designed by <a href="/architects/dko-architecture">DKO Architecture</a>, the Somerset towers will feature tiered balconies with greenery, enhancing their visual appeal and complementing the surrounding landscape.&nbsp;

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Residents will have access to a range of amenities, including a 20-metre infinity pool with views of the Swan River, a gym, wellness spaces, and a rooftop observation deck with BBQ facilities overlooking Optus Stadium and Matagarup Bridge.

Golden Sedayu, a partnership between Perth’s Golden Group and Indonesian property developer Agung Sedayu, has positioned Burswood Point as a future lifestyle and entertainment hub, just 3.5 kilometres from the Perth CBD.&nbsp;

The two towers are expected , with additional towers and precincts to be developed in subsequent stages.

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Joel Robinson

Golden Sedayu establishes Golden Sedayu Construction to deliver landmark Burswood Point masterplan

Parkside living and Parramatta don't often go hand in hand, making Deicorp's first apartment development in the heart of Parramatta CBD even more appealing to prospective buyers.

The transport-focused developer, known for creating well-connected communities, secured a prime site at the eastern end of Parramatta CBD on Hassall Street. It's conveniently located next to the Robin Thomas Light Rail stop and just a short walk to Parramatta Train Station.

Thanks to the prized corner block, with no buildings to the north or east, residents at <a href="/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a> will enjoy protected views over the adjacent Robin Thomas Reserve and James Ruse Reserve—views that are rare in the growing CBD.

The development's location also offers easy access to nature, being less than 200 metres from the Parramatta River and Queen's Wharf Park.

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The two 45-level towers, which will home just over 600 apartments when completed in late 2027, have been designed by Turner Studio to hero the park views as much as possible, as well as views over the river and the Parramatta skyline to the west.

<a href="/architects/turner-studio">Turner Studio</a> won the design competition to take the architectural reigns. Their unique design includes a raised podium that links the two towers. The three-level podium, collectively named ‘Gully Forest,’ will feature a landscaped sanctuary adorned with lush greenery, alongside smaller breakout and seating spaces, a distinctive outdoor kitchen, and garden pavilions.

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The ground floor podium is strategically designed to provide extensive retail and hospitality frontages for commercial tenants, activating the entire precinct.

On the second level of the podium, an open-air community space will be home to barbecue facilities and smaller group gathering areas.&nbsp;Above will feature flexible workplace tenancies, as well as spaces designated for a fitness centre and medical practice.

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Deicorp's in-house building arm has commenced construction of Cosmopolitan. There are one, two and three-bedroom apartments. The two-bedroom, two-bathroom units with a car space start from just over $900,000.

&nbsp;

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The development's location offers easy access to nature, being less than 200 metres from the Parramatta River and Queen's Wharf Park

Parkside living in Parramatta: Cosmopolitan by Deicorp to offer parkside apartments in Sydney's second CBD

Sydney-based residential developer, <a href="/developers/top-spring-australia">Top Spring Australia</a>, has launched its latest project, Halcyon in Bondi, under its new name as it rebrands as Eterno Property Group (Eterno).

The new brand identity marks the finalisation of the company’s transition into a fully Australian-owned and operated entity, managing all its projects independently with local governance – a process that commenced in late 2022 – but had been postponed while the company focused on delivering its portfolio of luxury Sydney projects.&nbsp;

While Eterno will leverage the experience and profile it’s gained under the Top Spring Australia banner since 2017, Eterno – which means ‘eternal’ and ‘everlasting’ – will now continue the company’s mission to create luxury spaces that inspire, connect, and most importantly, endure, with Halcyon being the first under the Eterno banner.

Delivered in partnership with <a href="/developers/dcn-group">DCN Capital</a>, the approved Halcyon includes an exclusive collection of eight luxury residences designed by <a href="/architects/mhn-design-union">MHNDU</a>, with interiors by <a href="/interior-designers/richards-stanisich">Richards Stanisich</a>&nbsp;on a generous 1,635 sqm site at 1-7 Andrews Avenue and 26 Glen Street in Bondi.

Spanning four levels, the project comprises expansive three-bedroom apartments, some with an additional multi-function room. The two ground-floor residences will each boast a private pool and terraced rear garden, while the penthouse will offer 180-degree ocean views.&nbsp;

Each residence is designed to leverage natural cross-ventilation, abundant light, and a connection to the outdoors, with apartments either orientated north – with generous balconies framing views of <a href="/developments/bondi-nsw-2026">Bondi</a>&nbsp;or south towards Tamarama and Bronte.

MHNDU Principal, Liam Hancock, said residents will feel a very real connection to nature.&nbsp;

“From the lush gardens enveloping it and beyond to the nearby coast, residents will feel a sense of escapism from the city, in a place of tranquil luxury that offers peaceful sanctuary and respite, away from the hustle and bustle of Bondi’s Campbell Parade,” Hancock said.

“Halcyon’s wider-than-standard apartments will connect to the outside with solar access and natural ventilation from the ocean breezes. The bones of everything are much more connected to nature, including the materiality, which emphasises its connection to the beach."

<img alt="Top Spring" data-entity-type="file" data-entity-uuid="124ffa20-99ca-42c7-bd0b-26e34144f389" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-19%20at%2011.28.43%E2%80%AFAM.png?VersionId=xBwlbbFdRiQbneATqkvPD9yizvhHYpO9" />

Residents will benefit from premium communal amenities unmatched in the area, including a 17-metre lap pool, a separate plunge pool, and a wellness cabana featuring a sauna, ice bath, steam room and changing facilities.

Crowning the building is the whole-floor, 300 sqm penthouse with three bedrooms and extensive ocean views from its abundance of balconies that wrap around three of the building’s sides.

Sydney Ma, Managing Director of Eterno, said the time was right to launch Halcyon under the Eterno name.

“As a company, we’ve operated in the Australian market for close to a decade, building a strong reputation for excellence in luxury residential real estate," Ma says.

"Our developments are synonymous with deeply considered design and construction excellence, having created hundreds of homes that exemplify these values,” Sydney explained.

“With our transition to Eterno, we’re excited to extend this legacy further, unveiling Halcyon as the next chapter in our design-led portfolio. This project embodies our vision of understated luxury, offering residents a rare sanctuary in the heart of Sydney's eastern suburbs.”

Sydney Ma, Managing Director of Eterno, said the time was right to launch Halcyon under the Eterno name.

Top Spring Australia rebrands as Eterno and unveils Halcyon in Bondi

Mixed-use developments are becoming an increasingly popular choice for downsizers. They offer the ultimate in convenience, with retail and lifestyle amenities like cafes and shops right on the doorstep.

Newer mixed-use developments are also incorporating extensive facilities like gyms and pools, making them even more attractive to downsizers who are looking for absolute convenience. In contrast, apartment blocks built before 2000— which make up the majority of apartments in Sydney’s Eastern Suburbs— lack both building amenities and nearby retail options.

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When Crown Group set out to design The Grand Residences Eastlakes, in the heart of Eastlakes, they knew they could create an offering tailored to downsizers. Part of the existing Eastlakes Shopping Centre was reinvented, while significant building facilities were added to offer a true lifestyle experience for those transitioning from larger family homes.

<a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a> sits above The Grand Shopping Centre, which features Aldi, Woolworths Metro, Australia Post, plus a mix of specialty stores, providing immediate access to retail and dining options.

Within the building, private resident amenities include a 25-metre lap pool, gym, and manicured landscaped gardens. The rooftop terrace boasts panoramic views of Sydney, as well as barbecues, tables and chairs, a 65-inch TV and an outdoor lounge area, perfect for entertaining family and guests, including watching the new years eve fireworks.

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Completed in 2022, The Grand Residences has become a desirable location for downsizers and empty-nesters. There was a conscious effort to create functional apartments, so downsizers don’t have to compromise on quality.

The two-bedroom and three-bedroom apartments have proven popular with downsizers who are looking for security and a lock-up-and-leave lifestyle, wanting to travel during their retirement.

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McGrath Projects Director Adam Sparkes says the opportunity to buy an apartment of this calibre in Eastlakes, and at an affordable price point, isn’t likely to come around again.

"Any future apartment development in Eastlakes will have to command higher prices due to the drastic increase in construction costs in recent years," Sparkes says.

"The Grand Residences really does represent great buying in the Eastern Suburbs."

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McGrath Projects Director Adam Sparkes says the opportunity to buy an apartment of this calibre in Eastlakes, and at an affordable price point, isn’t likely to come around again

The ultimate downsizer opportunity in the Eastern Suburbs

Above Zero and joint venture partner Wilbow Group are set to launch Glyndon, 13 architecturally designed homes in Camberwell.

Designed by&nbsp;Cera Stribley with interiors by Lauren Tarrant, <a href="/new-townhouses/glyndon-64-66-glyndon-road-camberwell">Glyndon</a> has been over three years in the making.&nbsp;Rooted in the area’s rich architectural heritage,&nbsp;Glyndon reinterprets Federation-era elegance through a contemporary lens.

Classic European influences merge with modern principles to create timeless yet low-maintenance homes that prioritise both form and function.

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Nestled on a quiet and prestigious tree-lined street, Glyndon enjoys a sought-after position within walking proximity to Fordham Village, with boutique shopping, dining, and leafy parklands just a short walk away. Families and downsizers are likely to show the most interest given how close some of Melbourne’s leading private and public schools are.

Glyndon marks Lauren Tarrant’s debut in multi-residential design. The interiors were inspired by classic Parisian residences and will feature intricate stonework, bespoke flooring patterns, and an elevated material palette.

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AJ Batra, Managing Director of Above Zero, says Glyndon is designed for living, and a sequal to their&nbsp;Rondure House project.

"We’ve drawn on Camberwell’s architectural heritage to create homes that seamlessly blend modern elegance with timeless Federation-era influences, all elevated by interiors inspired by classic French design," Batra says.

"These residences redefine multi-residential living, delivering a level of detail and materiality that hasn’t been seen before in this space. Glyndon is a home for those who appreciate design, craftsmanship, and enduring quality.”&nbsp;

Each home offers a private, flexible retreat in the secure basement. The&nbsp;customisable area allows residents to create a private health and wellness sanctuary, complete with a sauna and plunge bath, or a multi-dimensional family retreat with a wine bar and cinema.

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Designed with longevity and sustainability in mind, Glyndon maximises natural light and achieves a 7.5-star energy rating for an effortlessly efficient home.&nbsp;

“Designed for living, built for life—Glyndon encapsulates our commitment to crafting homes that are not only architecturally striking but also enduring and secure," Batra added.

"These are residences designed to evolve with our residents, offering a foundation for a beautifully considered lifestyle."

Priced from $2.4 million, Glyndon officially launches in May 2025. Construction is set to begin in Q3 2025.&nbsp;

Jellis Craig Projects Director Stephen Bowtell is selling Glyndon.

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Above Zero to launch Glyndon in Camberwell

Well into construction of the first two stages of its net-zero masterplan, property developer Sunkin has revealed the most premium apartments in their <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> community.

They've started selling the Luxury Collection, just 12 residences which are a step up in quality and design from what has been offered in the new precinct before. Think Gaggenau appliances, natural stone benchtops and significant outdoor spaces.

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Each residence in the Luxury Collection includes three bedrooms and a variety of layouts. The collection is designed to cater to different preferences, from penthouse-style apartments with wraparound terraces and Bayside views to townhouse-style homes with direct access to landscaped grounds and kids' playgrounds.

Sunkin is offering a range of incentives for those purchasing in the Luxury Collection, including an impressive $12,000 voucher for furniture from interior design experts Coco Republic, as well as a free styling consultation.

Coco Republic has infused the design with a Hamptons-inspired aesthetic, characterized by a neutral color palette, natural stone, and herringbone timber flooring throughout the living spaces.

The marble kitchens, featuring integrated Gaggenau appliances, are anchored by a waterfall island wrapped in natural stone, under feature pendant lighting.

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Each residence in the Luxury Collection is also equipped with an ABB Home Automation package integrated with the Highett Common Connect app for seamless control over lighting, climate, and music.

Prospective buyers can secure one of the best apartments in Highett Common with just a five per cent deposit. Apartments start from $1.25 million, meaning a deposit of $62,500 is required upon unconditional sale, with the apartments set for completion later this year.

The Luxury Collection is part of the first stage of Highett Common, set to be Victoria’s first medium-density, net-zero targeted community. Located on a 9.3-hectare site in the heart of Highett, the development is ideally positioned to benefit from the vibrant bar and restaurant scene on Highett Road. Future residents will also be close to Sandringham Beach, Highett Shopping Centre, and Highett Train Station. Three hectares of the large site will be kept as a conservation area, and another one hectare will be dedicated to parkland.

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SK Construction recently topped out the first two buildings late last year. They are now starting to work through the fitout of the apartments, meaning those interested in securing a Luxury Collection apartment can see the apartment as an empty shell.

Buyers in the first stage are expected to move into their apartments around November. The surrounding park and playground will also be finished as part of the first stage, as will the new Bayside Community Facility which will home a two-level public library, study areas, rooms for community classes and meetings, and an adjacent café.&nbsp;

Further amenity, like the indoor lap pool, wellness centre with a gym, and a bookable private dining room, will complete as part of the next stage next year.

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&nbsp;

Sunkin takes luxury to new heights at Highett Common

Kensington and Kingsford, two of Sydney's most connected inner-east suburbs, are about to become even more accessible with Randwick City Council's K2K Plan.

The K2K Plan aims to revitalize the <a href="/developments/kensington-nsw-2033">Kensington</a> and Kingsford Town Centres, while also enhancing bus services, creating new cycleways, and improving pedestrian infrastructure along Anzac Parade.

The plan will also introduce new public parks and upgraded retail and hospitality venues, boosting local economic activity and making these two suburbs even more desirable places to live.

Several developments are currently underway in the corridor, with Scape and Unilodge bringing student accommodation to the area bordering UNSW.

Renowned builder-developer <a href="/developers/toga-group">TOGA</a> is one of the few developers offering new apartments for sale. Their under-construction building, The Kensington, located opposite the Kensington Light Rail stop, will feature 142 apartments above seven new retail and hospitality spaces, just two stops from Moore Park and four stops from Central Station.

TOGA has built a strong reputation for creating well-connected communities with doorstep amenities. They recently completed Wicks Place in Marrickville, which includes four specialty shops, while their Surry Hills Village development is integrated with the thriving hospitality precinct of Wunderlich Lane and Sydney's first Eve Hotel.

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TOGA chose to develop in Kensington for the same reasons they chose Surry Hills and Marrickville: excellent public transport connections, doorstep amenity, and a wealth of employment opportunities, particularly in the growing health precinct in neighboring Randwick. This combination of factors, as well as significant higher education institutions nearby,&nbsp;has made <a href="/new-apartments/the-kensington-147-151-anzac-parade-kensington">The Kensington</a> highly appealing to a diverse range of residents including students, professionals, and young families. Investors, who are rarely seen in today’s new apartment market, have also shown interest, expecting strong rental demand.

With the current low supply of new apartment developments across Sydney, particularly in Kensington, there is a unique opportunity to secure long-term growth in a suburb that is set to continue growing in demand.

Rate changes have already sparked renewed demand in the new apartment sector, with increased confidence that further rate cuts will occur in 2025 and 2026.

The Kensington, being built by 4.5 iCIRT-rated builder DASCO, is scheduled for completion in early 2026, when the official cash rate is expected to be closer to 3.5 per cent rather than above four per cent.

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The K2K Plan to transform Kensington and Anzac Parade corridor

Builder-developer giant Bathla, one of the largest construction and development companies in Western Sydney, has launched its under-construction townhouses development, <a href="/new-townhouses/hillview-terrace-north-kellyville-3-23-hillview-road-north-kellyville-nsw-2155">Hillview Terrace</a>&nbsp;in <a href="/developments/north-kellyville-nsw-2155">North Kellyville</a>.

Bathla has already kicked off the build of the 110 two, three and four-bedroom townhouses which sit in a quiet pocket of the suburb between Smalls and Cattai Creek.

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Bathla has nearly 30 years experience delivering homes across Western Sydney, having completed over 22,000 apartments across 58 suburbs since being founded in 1997.&nbsp;

"Hillview Terrace is a prime example of our dedication to improved excellence in residential development," said Robert Loader, Bathla CEO.

"As both the developer and builder, we ensure every stage of the process meets our high standards, from design to construction and final delivery. Buyers can have complete confidence in the quality of this project."

Hillview Terrace residences have been designed to suit both owner-occupiers and investors, with a range of floorplans and configurations not often seen in the townhouse market.

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Colliers has been engaged to lead the sales and marketing campaign.

"Colliers is proud to bring Hillview Terrace to market, showcasing Bathla’s ongoing commitment to delivering homes that enhance both individual lifestyles and community growth," said Luke Hayes, Colliers Project Marketing Director.

Display homes are now available to inspect.

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Bathla launches Hillview Terrace, North Kellyville townhouse development

The <a href="/developments/gold-coast-qld">Gold Coast</a> has long been one of Australia’s most popular holiday destinations. It had sun, sand, surf, and Surfers Paradise, the epicentre of the action. It was lined with skyscrapers that rivalled anywhere in the southern hemisphere for height. Even today, there’s nowhere in Australia, and arguably the world, with towers of that scale so close to the sand.

Apartments were made for investors and holidaymakers who would snap them up every weekend all year round. It was an arrangement that suited everyone. But with that arrangement came a moniker. The Gold Coast became a ‘boom-bust market’. For the growth the market would see, there were equal busts.

Caitlin Rosenboom, Head of Projects for Ray White on the Gold Coast, says the Gold Coast property markets were heavily influenced by external factors it essentially couldn’t control.

“Because the Gold Coast was traditionally always a holiday destination, the type of apartment built was for that,” Rosenboom says. “But when the economy wobbled, like it has at certain points over the last few decades—such as during the GFC—the Gold Coast market was impacted more than anywhere else. The first thing to go in an economic downturn is the secondary residence, and proportionally, the Gold Coast was well skewed toward those properties.”

Rosenboom said it then became a fight to the bottom. “Once one person, whose hand was forced to sell, sold, then it reset prices in a negative way. Then there would be floods of listings and little demand, which put incredible downward pressure on pricing.”

Indeed, during the GFC, data from Ray White showed house prices across the Gold Coast region declined by around nine per cent across 2010 and 2011 combined, just a little more than the eight per cent for units. But looking more granularly, the picture was a bit different.

Since then, however, the Gold Coast has truly rid itself of its so-called boom-bust reputation. 
From the start of 2012 to the end of 2020, house values rose by over 56 per cent, showing growth in every calendar year apart from 2018, when prices contracted by just one per cent. It was the same story for units over the same period, albeit with slightly more modest 30 per cent growth, and also with a minor one per cent dip in 2012, which houses didn’t experience.

“The Gold Coast has really matured as a region over the last decade,” Rosenboom said on the property market growth.

“It became more and more attractive as a place not only to holiday but to live. Better, larger apartments were being built, alongside an increased level of infrastructure upgrades and investment.”

The Gold Coast was certainly a region on the up and up. However, uncertainty reigned once again in 2020 as the COVID-19 pandemic shut down the country, locking both international and state borders.

The fear of another economic downturn, much like the GFC, could have put the Gold Coast in a problematic position, with a lack of tourism driving the economy. In the end, it was the opposite.

The way the Queensland Government handled the pandemic was broadcast around the country. Gold Coast locals were still on the waves, enjoying coffee on the beach, and living life, while Melburnians weren’t allowed out of their houses, and Sydneysiders weren’t much better off. 
The race was on for those southern capital city dwellers to rush to the Gold Coast.

“The pandemic changed everything,” Rosenboom said. “A lot of people who lived in Sydney and Melbourne made the move for what they considered almost to be a secondment to another part of Australia. The vast majority hadn’t been to the Gold Coast before, or not since they were kids coming on holiday. When they realised how far the Gold Coast had come, no longer just a big holiday resort, most never left.”

Over the 12 months from June 2022 to June 2023, the Gold Coast gained nearly 20,000 people, accounting for 13 per cent of the migration to the whole of Queensland. The property market became one of the best-performing in the country as the demand v supply equation was heavily skewed toward the demand side. New apartment developments that came to market over 2021 and 2022 would spend less than a few weeks online before being sold out. Prices were both unrealistic and realistic at the same time.

Then came another potential bump in the road. The borders reopened, and employees had to show their face in the office, albeit just a few days a week. Would this be the start of the decline the Gold Coast property market hadn’t felt in a decade? In short, no. No, it wasn’t.

Much to the surprise of most in the property industry, growth continued. Another stellar growth cycle in 2023 and 2024 saw house prices rise by 57 per cent in the four years to December 2024, the same growth they saw in double the time up to 2024. Units boomed by 57 per cent too over the four years to the end of 2024, almost double the 30 per cent in the eight years prior.

“The Gold Coast is no longer a holiday destination but a lifestyle destination,” Rosenboom said. 
“The pandemic shone a light on everything locals already loved about the Gold Coast. We have gone from being dominated by holiday lets to an owner-occupier-driven market due to the increased infrastructure, medical facilities, industry, and employment opportunities.”

Rosenboom has seen a mix of buyers at ARC Residences, the luxury tower on Garfield Terrace, considered the best street in Surfers Paradise, given it’s the only one that faces the beach.

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A few Sydneysiders, locals from the northern Gold Coast suburbs like Hope Island and Helensvale, as well as a couple of overseas buyers, have all staked their claim in the building of just 37 half- and full-floor apartments with an oceanfront pool, gym with yoga room and infrared sauna, and a cinema, along with a suite of other amenities that are more common in a luxury hotel.

Rosenboom believes there’s no reason why the Gold Coast market should take a step back at all. “We’re now in an interest rate environment where they are only going down and not up, which tends to fuel further increases in price.”

All of the pent-up demand is even without taking into account the 2032 Brisbane Summer Olympics, and the G:LINK light rail extends all the way down to the airport and Coolangatta, essentially connecting the whole of the Gold Coast. If the response to the light rail is anything like Sydney’s, then values are in for one hell of a ride.

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Ray White Senior Economist Nerida Conisbee echoed Rosenboom’s sentiment, suggesting the economic stability the Gold Coast now has, with the shortness in supply, scarcity of land, and in particular, the rapid expansion of its population. 
 
“The influx of nearly 20,000 new residents in a single year is a testament to the Gold Coast's appeal, offering a combination of lifestyle, employment opportunities, and relative affordability compared to other major Australian cities,” Conisbee says, adding, however, that this huge increase in population is putting pressure on the housing market.

“Despite the positive outlook, the Gold Coast faces significant challenges in accommodating its projected growth. The shortage of land means that the city will need to embrace higher-density development to house its expanding population.”

“A lifestyle destination rather than a holiday destination” Why the Gold Coast is now more boom than bust

South East Queensland Developers Keylin and Kinstone Group have captured the attention of homebuyers on the northern end of the Gold Coast with their standout waterside masterplan, Lakeside Serenity 4212.

The joint venture partners had a vision for <a href="/new-townhouses/serenity-lakeside-villas-helensvale-6-lake-serenity-boulevard-helensvale-qld-4212">Lakeside Serenity 4212</a>, a 65-hectare masterplan on the shores of Coombabah Lake, to become one of the best waterfront communities in the Gold Coast.

[smartcode_project:default project_id=149142 project_image_fid=324627]

Since the first launch of homes in 2020, there have been consistent stage sellouts, as well as a 2023 UDIA Queensland Award for Excellence in Boutique Development.

Tony Ashwin has been selling the homes in the masterplan since its inception. He says the masterplan fills a void where there is a real scarcity of waterfront land.

“The northern suburbs of the Gold Coast are in extremely high demand,” Ashwin says, highlighting that Helensvale is central to this growth.

“It’s the only Gold Coast suburb with both heavy and light rail connections, offering residents easy access to Brisbane and the rest of the Gold Coast.”

Having sold out the Serenity Waters waterfront lots and the Serenity Green townhouse community, Keylin and Kinstone Group have now released the next stage of development.

The latest offering, Lakeside Serenity 4212 Waterfront Villas, includes just 16 exclusive, absolute waterfront villas. Each villa faces north, providing direct access to the water and a private pontoon, with the Lake Serenity lock system offering direct access to the Broadwater.

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Designed by MAS Architecture, the villas feature open-plan living spaces, soaring ceilings, floating staircases, and strategically placed windows that enhance the sense of space while maximizing natural light and uninterrupted lake views.

Each villa has four bedrooms, two living areas, and a double garage. The kitchens serve as the centerpiece, with premium natural stone benchtops, large island benches, butler’s pantries, and integrated Smeg appliances. The master suites feature walk-in robes, freestanding bathtubs, and private balconies overlooking the lake.

[smartcode_project:default project_id=149142 project_image_fid=324623]

Ashwin points out that the Gold Coast’s medium to low-rise market is currently undersupplied, making Lakeside Serenity 4212 Waterfront Villas particularly appealing.

“Serenity meets the demand for high-quality, medium to low-rise homes,” Ashwin says.

There has been significant interest from both local downsizers and Brisbane residents looking for a second home. They are drawn to the excellent connection to Brisbane while wanting to spend the majority of their time on the Coast.

“The link between Brisbane and Helensvale is unrivaled, and it’s a connection that no other suburb can beat,” Ashwin adds.

[smartcode_project:default project_id=149142 project_image_fid=324625]

Additionally, the upcoming Coomera Connector will improve access between the northern suburbs and Broadbeach. The Cross River Rail Project, which will add a new train station in Helensvale (just 8 kilometers from Serenity), will further improve regional accessibility.

Ashwin notes that supply in the northern Gold Coast suburbs will remain tight.

“The Queensland Government’s build program for the 2032 Brisbane Summer Olympics will limit residential supply, especially in the medium to low-rise markets,” he explains.

Lakeside Serenity 4212 is already an established community with additional developments in the pipeline including a premium, low-rise apartment offering and future retail precinct.&nbsp;

Resort Homes, one of the most reputable builders in the northern Gold Coast, has begun construction on the Lakeside Serenity 4212 Waterfront Villas and expects to complete the project in Q3 this year.

&nbsp;

High demand and limited supply in Northern Gold Coast drives buyers to Helensvale's Lakeside Serenity Villas

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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