North Shore developer Hyecorp has revealed its next apartment development in the Upper North Shore.

They’re planning 259 apartments in Roseville, around 600m from one of their current projects, <a href="/new-apartments/juliet-roseville-64-pacific-highway-roseville">Juliet</a>, which recently commenced construction.

The new development, on a large 9,370 sqm block bordering Lord Street and Roseville Avenue, has been designed by FK, who said in the planning documentation that the project "offers a unique opportunity to create a new residential offering in the desirable suburb of Roseville, with its own unique expression."

"The project vision calls for the integration of landscape features and sensitive architecture, a variety of boutique apartments and high-quality communal amenities that foster a village feel in a predominantly single dwelling neighbourhood," the State Significant Development Application read.

"Our vision for this project is for a site-responsive building, one that integrates familiar materiality from neighbouring sites and utilises multiple facade strategies to establish character. It is inextricably connected by a networked ground plane of gardens and linked walkways."

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="fbabd83f-56f7-4bbc-9e85-9abebe6e5db2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-13%20at%209.37.27%E2%80%AFAM.png?VersionId=q8E.d63RynPbwlEyizCh2edMv5EVKuir" />

Of the 259 apartments, 117 are two-bedrooms (45 percent), 104 are three-bedrooms (40 percent), with 28 one-bedroom units and 10 four-bedrooms.

Also planned for the nine-level building is a wellness centre with a 15-metre swimming pool and gym, a kids club, cinema space, games rooms, and a residents' lounge.

FK said that, in order to respect the tree-lined character of Roseville Avenue, Lord Street and Martin Lane, they have elected to retain as many significant trees as possible on the site.

"This has led to the creation of a setback in the Roseville Avenue facade, which will be dedicated for resident and community use, adding to the series of pocket parks found within the immediate area."

A connection to Lord Street creates a large central courtyard, which will provide a dedicated space for residents to sit beneath a large Blue Gum tree, to be retained on site.

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="e318a28b-2398-4c08-9772-b3288df80cf4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-13%20at%209.37.19%E2%80%AFAM.png?VersionId=CxXL0v2UPUC26nI0E.LyNt6iMtlH39JN" />

<a href="/developers/hyecorp-property-group">Hyecorp</a>&nbsp;has been developing across Sydney's North Shore region since the early 1990s.

They are approaching completion of their St Leonards apartment project, <a href="/new-apartments/audrey-st-leonards-13-19-canberra-avenue-st-leonards">Audrey</a>, opposite Newlands Park, which will wrap up construction later this year.

Their current Roseville development, Juliet, will comprise 37 apartments when it is completed in mid-2026.

The Pacific Highway development is one of the most connected ever produced in Roseville, a redevelopment of the Roseville RSL Club across the road from Roseville Station.

Joel Robinson

Hyecorp plots latest Upper North Shore apartment development

Sydney property prices are surging once again.

After a relatively flat market in 2024, which concluded with some softening months before positive economic data regarding inflation and the handing down of what is forecasted to be the first of several rate cuts in 2025, prices in Australia's most expensive capital city are back on the rise.

Inner city apartments aren't getting more affordable any time soon. We've wrapped up the top five newest apartment developments in some of Sydney's most central suburbs that cost under $1 million.

<h2>What: Danks St District, Waterloo</h2>

<h3>Where:&nbsp;903-921 Bourke Street, Waterloo NSW 2017</h3>

<h3>Who: DASCO</h3>

<a href="/developers/dasco-australia">DASCO</a>’s game-changing new <a href="/developments/waterloo-nsw-2017">Waterloo</a> precinct,&nbsp;<a href="/new-apartments/danks-st-district-waterloo-903-921-bourke-street-waterloo-nsw-2017">Danks St District</a>, has its entry-level apartments come in at $965,000.

Bourke Street Residences is the first release of the new neighbourhood that will see six new residential buildings delivered, as well as the restoration of two heritage-listed structures.

There are one-, two-, and three-bedroom apartments on offer at Bourke Street Residences, which will also have private amenities including a rooftop garden and outdoor gym.

[smartcode_project:default project_id=111820 project_image_fid=344699]

Designed by a mix of architecture firms, including <a href="/architects/mhn-design-union">MHNDU</a> and <a href="/architects/bates-smart">Bates Smart</a>, the buildings feature a mix of brick and contemporary design elements that reference the industrial history of the area.

Danks St District is located near Redfern, Green Square, and Surry Hills, and benefits from proximity to parks, dining options, and public transport.

Key features:

<ul>
	<li data-list-indent="1" data-list-type="bulleted">
	DASCO is one of Sydney's most respected builder-developers
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Insured with Resilience Insurance's 10-year Latent Defects Insurance
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Within walking distance of key inner-city precincts
	</li>
</ul>

<h2>What: The Kensington, Kensington</h2>

<h3>Where:&nbsp;147-151 Anzac Parade, Kensington NSW 2033</h3>

<h3>Who: TOGA</h3>

Another one of Sydney's most renowned builder-developers, TOGA, is offering apartments not quite under, but just over, the $1 million threshold.

It was worth noting however because The Kensington is one of TOGA's most connected new developments, on the doorstep of the Kensington Light Rail stop, and the growing Randwick health precinct and main UNSW campus.

[smartcode_project:default project_id=110959 project_image_fid=307651]

<a href="/new-apartments/the-kensington-147-151-anzac-parade-kensington">The Kensington</a>, currently under construction by DASCO, will comprise&nbsp;142 apartments, including a small number of SOHO (Small Office/Home Office) residences on the ground floor.

Designed by Turner Studio, the building aims to balance traditional architectural references with contemporary materials.

[smartcode_project:default project_id=110959 project_image_fid=307646]

The development will feature rooftop and shared communal areas and is located within walking distance of light rail, offering quick access to the CBD and beaches.

Key features:

<ul>
	<li data-list-indent="1" data-list-type="bulleted">
	Part of a long-term urban renewal zone
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	SOHO residences available with private street access
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Light rail access and future investment in town centre improvements
	</li>
</ul>

<h2>What: Stanton Place, Rosebery</h2>

<h3>Where:&nbsp;5-15 Dunning Avenue, Rosebery NSW 2018</h3>

<h3>Who: Stockland</h3>

<a href="/new-apartments/stanton-place-rosebery-5-15-dunning-avenue-rosebery-nsw-2018">Stanton Place</a> is part of <a href="/developers/stockland">Stockland</a>’s return to high-density apartment development. The Rosebery project will include 144 apartments across three buildings, centred around a landscaped courtyard.

<img alt="Stanton" data-entity-type="file" data-entity-uuid="c36ab483-42c7-4b38-9718-6e34bc9277a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-13%20at%209.00.01%E2%80%AFAM.png?VersionId=sb7W0YQFqAycVW1VUNMSoWHn5DjF0LDY" />

The development is being designed with sustainability in mind, including EV charging options, solar panels, and rainwater tanks. Located on Dunning Avenue, it’s well connected to cafes, Green Square Station, and local amenities such as The Cannery.

Key features:

<ul>
	<li data-list-indent="1" data-list-type="bulleted">
	New Stockland apartments in an established inner-south location
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Emphasis on sustainability and green space
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Walkable access to shops, transport, and parkland
	</li>
</ul>

<h2>What: The Rothschild, Rosebery</h2>

<h3>Where:&nbsp;24 Rothschild Avenue, Rosebery NSW 2018</h3>

<h3>Who: Deicorp</h3>

Builder-developer Deicorp recently completed&nbsp;<a href="/buildings/the-rothschild-rosebery-24-rothschild-avenue-rosebery">The Rothschild</a>, also in&nbsp;<a href="/developments/rosebery-nsw-2018">Rosebery</a>, and has one-bed one-bath apartments, including those with a car space, under $1 million.

The building’s design, by <a href="/architects/candalepas-associates">Candalepas &amp; Associates</a>, incorporates European-inspired elements and sits within a quieter pocket of the inner south.

[smartcode_project:default project_id=106843 project_image_fid=221665]

The location offers good access to transport, parks, and established retail precincts, making it a practical choice for those seeking an inner-city home without a construction wait.

Key features:

<ul>
	<li data-list-indent="1" data-list-type="bulleted">
	Completed apartments with immediate move-in
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Designed by award-winning architects
	</li>
	<li data-list-indent="1" data-list-type="bulleted">
	Close to key employment, retail, and transport hubs
	</li>
</ul>

What $1 million can buy you in Sydney's new and off the plan apartment market

Sydney’s harbourside suburbs have undergone rapid regeneration over the past five years

New developments are lining the harbour and the surrounding streets.

Pyrmont, one of Sydney’s most central harbourside suburbs, has been somewhat left behind in the new apartment development scene.

The suburb—just a bridge and waterway away from Darling Harbour and the heart of the Sydney CBD—hasn’t seen a new apartment development since the completion of Paragon of Pyrmont in 2021. That project primarily featured three- and four-bedroom apartments and luxury terraces.

<h2 data-end="896" data-start="862">Apartment Demand Remains Strong</h2>

Given that over 90 per cent of Pyrmont residents live in apartments, there’s a clear appetite for apartment living in the area.

A key reason for the lack of new development has been land scarcity. Pyrmont is a relatively small suburb compared to others along the harbour’s edge, leaving developers with few opportunities.

<h2 data-end="1255" data-start="1222">A Rare Development Opportunity</h2>

So when the chance to secure a large site in Pyrmont arose, developer Landream—known for Opera Residences at Circular Quay—acted quickly.

They acquired a 1.2-hectare block on Wattle Street from the City of Sydney in 2019, the same year the NSW Government announced the new $750 million Sydney Fish Market, just 300 metres from the development site.

After several years of planning to ensure the right fit for the prime site, Landream has now unveiled <a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a>: five buildings with 267 apartments, a swimming pool, a state-of-the-art gym, a commercial office tower, childcare facilities, and recreational centres.

[smartcode_project:default project_id=138909 project_image_fid=337669]

<h2 data-end="1929" data-start="1880">Perfectly Positioned on the Edge of the Action</h2>

While located next to the landmark Fish Market, Pyrmont Place sits on the very western edge of Pyrmont, bordering Ultimo—home of Broadway Shopping Centre—and Glebe, one of Sydney’s liveliest inner-west hubs for dining.

Pyrmont has a Walk Score of 92. (Suburbs scoring between 70 and 89 are considered “very walkable.”)

[smartcode_project:default project_id=138909 project_image_fid=337677]

<h2 data-end="2298" data-start="2252">Sydney’s Next Landmark: The New Fish Market</h2>

The closest major attraction is the new Fish Market, set to open sometime this year. It has been described as the most significant waterfront building in Sydney since the Opera House and will include a Southeast Asian diner by Luke Nguyen, along with a range of restaurants, retail outlets, seafood vendors, delis, wine merchants, and bakeries.

Wentworth Park, a multipurpose green space with sports fields and the Wentworth Park Greyhound Track, sits just across the road—ensuring unobstructed views due to the lack of developable space.

[smartcode_project:default project_id=138909 project_image_fid=330851]

<h2 data-end="2877" data-start="2841">A Connected Harbourside Lifestyle</h2>

A new Blackwattle Bay promenade will create a 15-kilometre continuous foreshore walk connecting Rozelle Bay to Woolloomooloo. Meanwhile, Pirrama Park, located toward the northern end of Pyrmont and just a 15-minute walk away, offers BBQ facilities, playgrounds, and views of the Sydney Harbour Bridge.

[smartcode_project:default project_id=138909 project_image_fid=330854]

Pyrmont’s well-established and popular dining scene includes renowned venues such as Sokyo, BLACK Bar &amp; Grill, and LuMi Dining—all within walking distance of Pyrmont Place and The Star casino, which sits on the edge of Darling Harbour and offers even more dining options.

<h2 data-end="3486" data-start="3455">Walk, Ride, or Ride the Rails</h2>

Those commuting from Pyrmont Place can enjoy a manageable 20-minute walk across Pyrmont Bridge into the CBD. The area is also bicycle-friendly, including the bridge itself.

[smartcode_project:default project_id=138909 project_image_fid=330856]

Pyrmont features its own light rail stop, connecting to Central Station and Dulwich Hill in the inner west. By 2030, it will also be connected to the expanded Sydney Metro line via a new station between Pyrmont Bridge Road and Union Street.

<h2 data-end="3934" data-start="3904">A One-of-a-Kind Opportunity</h2>

Given the scarcity of land in and around Pyrmont, Pyrmont Place is a rare offering that may not be replicated for many years to come.

Construction is expected to start later this year, with a stage completion in 2028.

[smartcode_project_cta:default project_id=138909]

Given the scarcity of land in and around Pyrmont, Pyrmont Place is a rare offering that may not be replicated for many years to come

Pyrmont Place to fill gap in harbourside suburb apartment supply

Unit values in the Gold Coast are continuing to grow in 2025.

The latest Home Value Index by Cotatlity (formerly CoreLogic), shows another month of growth in the local unit sector, with values rising 0.7 per cent in April.

Over the rolling quarter, unit prices have increased by 1.8 per cent, reaching a new median high of $849,000. Over the past 12 months, values have risen by 6.3 per cent, reflecting sustained demand and market confidence.

While many national property markets are now benefiting from a declining interest rate environment, the Gold Coast has remained relatively resilient throughout the high-rate cycle. The region’s strong performance has been underpinned by its lifestyle appeal, limited supply of new housing, and continued interstate migration—factors that have consistently supported price growth.

With further interest rate cuts expected, market fundamentals suggest the Gold Coast property market is well-positioned to continue its growth.

<h2 data-pm-slice="1 1 []">What happened in Gold Coast’s off the plan apartment market in April?</h2>

There was plenty of momentum in the Gold Coast’s off the plan apartment market in April, with a surge of new construction starts, tower releases, and planning applications up and down the coast.

Developers continued to target the high-end, owner-occupier market, as well as lifestyle-driven buyers seeking resort-style amenities and beachfront access.

One of the most high-profile launches of the month was <a href="/new-apartments/pescado-palm-beach-229-jefferson-lane-palm-beach-qld-4221">Pescado</a>, a boutique Palm Beach apartment development from international DJ Paul Fisher and his wife, Chloe.

[smartcode_project:default project_id=149651 project_image_fid=342045]

The $50 million project, designed by&nbsp;<a href="/architects/bda-architecture" target="">BDA</a> Architecture, will comprise just seven ultra-luxury residences, including a two-level penthouse that the Fishers plan to call home.

Featuring wave-like façades and organic interiors, Pescado is a deeply personal project for the couple and brings a fresh, creative energy to Jefferson Lane.

[smartcode_project:default project_id=149651 project_image_fid=342040]

Each three-bedroom, three-bathroom home will feature expansive open-plan layouts, high-end finishes, and seamless indoor-outdoor living.

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.

Read more: <a href="/news/qld/dj-fisher-launches-pescado-luxury-palm-beach-apartment-development">DJ Fisher launches Pescado luxury Palm Beach apartment development</a>

Last month&nbsp;<a href="/developers/morris-property-group">Morris Property Group</a>&nbsp;released the second tower at its popular Broadbeach apartment development,&nbsp;<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a>.

The new two and three-bedroom apartments, priced just under $1.2 million, are already under construction by Morris' inhouse building arm.

&nbsp;

[smartcode_project:default project_id=112024 project_image_fid=343235]

Crest sits in a prime pocket on Armrick Avenue,&nbsp;opposite Broadbeach Park and just steps from community landmarks like the Broadbeach Bowls Club.

Read more: <a href="/news/qld/morris-releases-second-tower-at-crest-broadbeach-after-tower-one-sales-success">Morris releases second tower at Crest Broadbeach after tower one sales success</a>

Lewis Land also released the next stage of <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters" target="">Harbour Shores</a>, their new Gold Coast development, in April.

The new release,&nbsp;Palm House, is a&nbsp;seven-level building with just 60 apartments.

[smartcode_project:default project_id=113271 project_image_fid=290031]

All apartments are designed with coastal tones and organic materials, while the broader precinct is targeting a 6-Star Green Star rating, with a strong focus on sustainability.

Palm House residents will have access to a&nbsp;25m lagoon pool, tennis courts, a yoga studio, waterfront boardwalks, and a social clubhouse.

Read more: <a href="/news/qld/lewis-land-unveils-palm-house-harbour-shores-latest-stage">Lewis Land unveils Palm House, Harbour Shores latest stage</a>

The biggest milestone to reach in the construction industry is construction commencement, a feat which builder-developer <a href="/developers/mcnab-developments" target="">McNab</a> celebrated in April at its Surfers Paradise apartment development, Elements.

[smartcode_project:default project_id=111522 project_image_fid=322242]

<a href="/new-apartments/elements-budds-beach-surfers-paradise-21-oak-avenue-surfers-paradise-qld-4217">Elements</a>&nbsp;will home 87 large-scale apartments across a 28-level tower in&nbsp;Budds Beach—the first project in the area in over a decade.

Over 65 per cent of apartments have already been snapped up.

Read more: <a href="/news/qld/mcnab-breaks-ground-on-elements-apartment-tower-at-budds-beach">McNab breaks ground on Elements apartment tower at Budds Beach</a>

In <a href="/developments/burleigh-heads-qld-4220" target="">Burleigh Heads</a>, construction also began on <a href="/new-apartments/one-burleigh">ONE Burleigh</a>, an ultra-luxury development by local builder-developer <a href="/developers/mayd-group">MAYD</a>.

Each of the 16 full-floor apartments will span up to 425 sqm, with floor-to-ceiling ocean views and prices starting from $8.85 million.

[smartcode_project:default project_id=146358 project_image_fid=323057]

Nearly half of the project is already sold, reflecting strong demand for exclusive beachfront residences.

Read more: <a href="/news/qld/mayd-kicks-off-construction-of-ultra-luxury-one-burleigh-apartment-development-in-burleigh-heads">MAYD kicks off construction of ultra-luxury One Burleigh apartment development</a>

&nbsp;

In addition to the surge in new releases for buyers, the future apartment pipeline on the Gold Coast continued to grow in April.

Melbourne-based developer&nbsp;<a href="/developers/hirsch-faigen" target="">Hirsch &amp; Faigen</a> filed plans for <a href="/new-apartments/marbella-broadbeach-7-9-surf-parade-broadbeach">Marbella</a> Broadbeach, a 31-level, $240 million apartment tower with 100 residences and extensive wellness offerings.

The project marks the H&amp;F's fourth Gold Coast venture, following the success of Hemingway at Palm Beach, Emerson at Kirra, and Yves at Mermaid Beach.

<img alt="Hirsch &amp; Faigen plots fourth Gold Coast apartment development, Marbella Broadbeach" 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%202025-04-03%20at%2010.48.38%E2%80%AFAM.png?VersionId=P3i4PnaM74Rlh_GfzA2VZCzYZuz9CJWE" />

Read more: <a href="/news/qld/hirsch-faigen-plots-fourth-gold-coast-apartment-development-marbella-broadbeach">Hirsch &amp; Faigen plots fourth Gold Coast apartment development, Marbella Broadbeach</a>

One of the busiest individuals in the development industry on the Gold Coast is John Kearney, who heads up construction company Greyburn and developer <a href="/developers/immerse-projects" target="">Immerse Projects</a>.

In April, Immerse filed for a new 14-level building in the heart of Kirra. The proposed development at Haig Street includes 105 apartments, with a diverse mix of two and three-bedroom floorplans designed to attract both downsizers and part-time residents.

The podium level will house a full suite of amenities, including a lap pool, gym, spa, work-from-home spaces, and children’s play area, underscoring the project's intent to create a balanced, multi-generational living environment close to the beach.

<img alt="First look: Immerse Projects plan new apartments at Kirra Beach" 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%202025-04-02%20at%202.50.02%E2%80%AFPM.png?VersionId=h24qeonK.jWKOf8x71sIboGUouypF3.w" />

Read more: <a href="/news/qld/first-look-immerse-projects-plan-new-apartments-at-kirra-beach">First look: Immerse Projects plan new apartments at Kirra Beach</a>

A rare new development is heading for <a href="/developments/miami-qld-4220" target="">Miami</a> where&nbsp;<a href="/developers/monaco-property-group">Monaco Property Group</a>&nbsp;paid $70 million for the holiday resort Nalu.

They have since sought approval from the Gold Coast City Council for a new 46-apartment development, a collaboration between&nbsp;<a href="/architects/koichi-takada-architects">Koichi Takada Architects</a> and&nbsp;<a href="/architects/bda-architecture">BDA Architecture</a>.

The new project, which will retain the name Nalu, will feature a central resort-style wellness zone that includes a pool, hammam, steam room, yoga area, and hot and cold plunge pools.

<img alt="First look: Monaco Property Group reveals plans for new luxury Miami apartment development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Nalu%20exterior.png?VersionId=T_P8zcJ0VHzILbTdzK27sIXzyBi2TeZ." />

The design embraces the lush landscape and surf lifestyle of Miami, with expansive balconies and a building form that opens toward the ocean and blends naturally into the mountain backdrop.

Read more: <a href="/news/qld/first-look-monaco-property-group-reveals-plans-for-new-luxury-miami-apartment-development">First look: Monaco Property Group reveals plans for new luxury Miami apartment development</a>

More immediate new offerings are on the horizon in Main Beach and Broadbeach.

<a href="/developers/arena-property-group">Arena Property</a> secured final approval for <a href="/new-apartments/belle-vie-main-beach-47-pacific-street-main-beach">Belle Vie</a>, a 28-level residential tower in <a href="/developments/main-beach-qld-4217">Main Beach</a>, in April. The project will include 72 apartments and multiple levels of lifestyle amenities, most notably a full-floor amenities level on Level 18 with a wine cellar, games room, library, and wellness hub featuring yoga and Pilates studios.

April also saw <a href="/developers/polycell-group">Polycell</a>&nbsp;approved for its redevelopment of the former Voyager Resort on Broadbeach's Old Burleigh Road.

The new 59-level tower will deliver 130 apartments, along with premium wellness facilities and a private resident-only Club Lounge on Levels 38 and 39.

The new tower builds on the success of Polycell’s first Gold Coast project, <a href="/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a>, and affirms the developer’s growing footprint in the region.

Read more: <a href="/news/qld/first-look-polycell-approved-for-next-broadbeach-apartment-development">First look: Polycell approved for next Broadbeach apartment development</a>

In addition to the surge in new releases for buyers, the future apartment pipeline on the Gold Coast continued to grow in April.



City Beat April 2025: Off the plan activity jumps as Gold Coast units continue growth cycle

Macquarie Park is rapidly transforming into one of the fastest-growing suburbs in Greater Sydney.

With billions of dollar in investment and several new apartment buildings already under construction, the next stage in the Macquarie Park evolution will see four or five new towers built between the Macquarie Park and North Ryde Metro stations.

The State Significant Development Application proposes two options; either four or five towers, with around 1,760 one, two and three-bedroom dwellings, each with significant commercial and retail space.

The smallest tower proposed would be 30 levels, and increase in height to 58 levels.

<img alt="Macquarie Park" data-entity-type="file" data-entity-uuid="b5ac6e7b-69ff-45d8-9111-d3a0ddb7e37f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-12%20at%2010.17.54%E2%80%AFAM.png?VersionId=a9JAzt1UaIK7ftFom68oFtDifYWyEPDz" />The site between Macquarie Park and North Ryde Metro

Cox Architecture has put together the sketch plans for the 33,840 sqm site which borders both Wicks Road and Epping Road. The land is identified as an ‘Accelerated TOD Precinct’.

The six sites are currently owned by&nbsp;Charter Hall, Harvey Norman, Abacus, and a company associated with geotechnical engineering and environmental consulting services firm, JK Group.

Charter Hall filed the application.

<img alt="Five" data-entity-type="file" data-entity-uuid="0fa1aa6e-5756-4686-9f07-1664c71f26b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-12%20at%2010.34.14%E2%80%AFAM.png?VersionId=Rcr4SNpsThZhF6xi0kZsumoJwMq4NSGl" />The five tower proposal. Image credit: Cox Architecture

Urbis says the concept application seeks to establish building envelopes, high-level built form principles, and land use allocations to guide future detailed development applications for the site.

"Benefiting from its strategic location near Epping Road, Waterloo Road, and the Macquarie Park Metro Station, the project presents a major opportunity to address NSW’s housing crisis while contributing to Macquarie Park’s economic growth," the Scoping Report by Urbis noted.

They said a key feature of the proposal is a 9,700 sqm public park.

"This park will enhance pedestrian connectivity between the site, Lachlan’s Line, and the metro station while providing high-quality public amenities, including shaded play areas, seating, picnic tables, and BBQ facilities."

There will be a new road established between Wicks Road and Lachlan’s Line, improving local accessibility.

The site is currently occupied by several low to mid-rise buildings including a&nbsp;Domayne furniture showroom, a Storage King, the office of JK Geotechnics, and several warehouse/office buildings.

Several new apartment developments are underway in Macquarie Park.

TOGA is delivering <a href="/new-apartments/macquarie-rise-122-herring-road-macquarie-park">Macquarie Rise</a>, 268 apartments across three towers next door to the shopping centre on Herring Road. They recently installed the <a href="/news/nsw/toga-installs-first-tower-crane-at-macquarie-rise-as-construction-gathers-pace">first tower crane</a> on site.

Around the corner on Talavera Road, Urban Property Group is working on <a href="/new-apartments/la-vera-94-talavera-road-macquarie-park">La Vera</a>, around 120 apartments in a building designed by Cox Architecture.

Cox Architecture has put together the sketch plans for the 33,840 sqm site which borders both Wicks Road and Epping Road

First look: Concept plans filed for Macquarie Park TOD

Summary:

<ul>
	<li aria-level="1">ANGLE’s Fernhurst in Kew continues collaboration with Edition Office and Eckersley Garden Architecture.</li>
	<li aria-level="1">Design integrates handcrafted Krause Bricks and landscaping to blend with Studley Park’s character.</li>
	<li aria-level="1">Interiors feature high-end craftsmanship, including Molteni&amp;C wardrobes and Gaggenau appliances.</li>
</ul>

<hr />
Don’t change what isn’t broken.

That was the mindset of the team at design-driven Melbourne developer ANGLE when they secured another site in Kew’s exclusive Studley Park precinct.

Having completed the award-winning Fenwick just 700 metres away—selling all nine residences well before completion—ANGLE partnered with the same trusted team, with the goal of creating something even better.

They brought Edition Office and Eckersley Garden Architecture to the site, confident the team already understood what ANGLE’s core customer base was looking for. The challenge then became how to take it even further than what they’ve delivered before.

[smartcode_project:default project_id=138904 project_image_fid=326894]

One of ANGLE’s key priorities is always to evoke a sense of generosity in their developments. For <a href="/new-apartments/fernhurst-kew-11-15-fernhurst-grove-kew-vic-3101">Fernhurst</a>, they reserved a significant portion of the 4,000 sqm-plus site for landscaping. Eckersley Garden Architecture collaborated with Edition Office to ensure the buildings didn’t compete with the natural environment but complemented it.

“With generous setbacks allowing for oversized gardens, we envision a lush, leafy green setting with soft edges, full planting, and a tranquil, explorative garden,” says Eckersley.

[smartcode_project:default project_id=138904 project_image_fid=342071]

Edition Office designed the buildings around this extensive landscaping, centring them on a grand, central void that floods each dwelling with natural light and enables cross-flow ventilation—immersing residents in the surrounding garden environment.

Fernhurst highlights ANGLE’s meticulous attention to detail—literally, brick by brick. For the brick façade, they partnered with Krause Bricks, a family-owned Australian company operating since 1945, known for fire-resistant, carbon-neutral bricks. Krause’s handmade bricks, celebrated for their depth of colour and rich texture, have featured in luxury homes from Toorak to Potts Point, including the 2024 AIA Queensland Residential Architecture Award-winner in Mermaid Beach.

True to form, ANGLE closes the loop by collaborating with best-in-class partners for interior fit-outs. Kitchens at Fernhurst will feature integrated Gaggenau appliances, while wardrobes are being custom-crafted by Italian brand Molteni&amp;C, globally recognised for its precision joinery and craftsmanship.

[smartcode_project:default project_id=138904 project_image_fid=326839]

Jellis Craig Projects Director, Stephen Bowtell, says ANGLE’s attention to every detail gives off the plan buyers a strong sense of confidence.

“The way ANGLE has designed Fernhurst, all the way down to the brick selection, shows the team is incredibly committed to the end result for their purchasers,” Bowtell says.

Over half of the 20 residences at Fernhurst have already been sold, even before construction has commenced. COBEN has been appointed as the builder, with work set to begin imminently.

[smartcode_project_cta:default project_id=138904]

Having completed the award-winning Fenwick just 700 metres away—selling all nine residences well before completion—ANGLE partnered with the same trusted team, with the goal of creating something even better

Brick by brick: How ANGLE is redefining confidence in the off the plan market

Brisbane's ever-consistent unit market continues to live up to its reputation.

Unit values grew by 0.5 per cent in April, according to the Home Value Index by Cotality (formerly CoreLogic), making it the best-performing capital city unit market behind only Perth (0.6 per cent).

The April gains follow 0.7 per cent growth in both February and March.

The median unit value now sits at $698,000 and is likely to break the $700,000 mark in May for the first time in history.

Increased demand from interstate migration and a lack of new supply have combined to drive up unit values in Brisbane in recent years. And with the 2032 Brisbane Olympics still seven years away, there’s still plenty of growth potential in the Queensland capital.

<h2>What happened in Brisbane’s off the plan apartment market in April?</h2>

The majority of activity in Brisbane's off the plan apartment market in April came from three of the state's most prominent developers.

<a href="/developers/sekisui-house-australia" target="">Sekisui House Australia</a> released the final building in West Village, their $1.2 billion, multi-award winning West End masterplan they have been developing since 2016.

[smartcode_project:default project_id=134800 project_image_fid=341714]

The final building, Callista on Park, will home 96 apartments across a 14-level building designed by Rothelowman.

The apartments will feature natural materials and engineered timber flooring. Expansive living areas, framed by full-height glass and generous balconies, bring in an abundance of natural light and parkland or city views.&nbsp;

[smartcode_project:default project_id=134800 project_image_fid=341715]

A standout feature is the rooftop retreat, complete with a pool, spa, BBQs, chef’s kitchen, and residents’ lounge, all set within lush landscaped gardens.

Read more: <a href="/news/qld/first-look-inside-west-villages-crowning-glory-callista-on-park">First look inside West Village’s crowning glory, Callista on Park</a>

<a href="/developers/gardner-vaughan-group" target="">Gardner Vaughan Group</a>, one of the biggest contributors to housing supply across South East Queensland, broke ground at its new Nundah development,&nbsp;<a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah">Danby Lane</a>.

The mixed-use development will deliver 84 apartments above a vibrant retail and commercial ground floor. GVG, who has been based in Nundah for the past decade, will relocate their HQ to one of the commercial spaces in the development.

[smartcode_project:default project_id=112531 project_image_fid=320114]

The 12-level building will feature resort-style amenities like a pool, rooftop terrace, gym, and function room with sweeping city views.

GVG Commercial Director, Sam Gardner, said Danby Lane represents GVG's&nbsp;commitment to delivering places with purposes, designed for real people living real lives right here in&nbsp;<a href="/developments/nundah-qld-4012" target="">Nundah</a>.

"As a long-standing, family-owned builder and developer based in&nbsp;<a href="/developments/nundah-qld-4012" target="">Nundah</a>, we are committed to keeping our neighbours and surrounding residents informed of every step relating to the build of Danby Lane. Transparency and open communication are key to delivering a project that respects and enhances the community we’re proud to be part of.”

GVG expects to complete Danby Lane in 2027.

Read more: <a href="/news/qld/gardner-vaughan-kicks-off-construction-at-danby-lane-nundah">Gardner Vaughan kicks off construction at Danby Lane, Nundah</a>

April also saw&nbsp;<a href="/developers/shayher-group">Shayher Group</a>, the developer behind the multi-stage redevelopment of the Bulimba Barracks site, file news plans in&nbsp;<a href="/developments/indooroopilly-qld-4068" target="">Indooroopilly</a>.

They've sought to develop two low-rise buildings, Parkview and Riverview, at 34 Jacaranda Place, next door to their completed Long Pocket townhouse development.

<img alt="First look: Shayher Group reveals next Indooroopilly stage" 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%202025-04-28%20at%201.22.19%E2%80%AFPM.png?VersionId=2xSCYvErdfKFwWFe7gE1wF9IiXy2xIdq" />

The two buildings will home a combined 76 two and three-bedroom apartments. Each building will have rooftop amenities, with Riverview offering an infinity pool, and Parkview featuring a yoga lawn and lounge area.

The site has already received general support from Brisbane City Council, with only minor design refinements suggested to reduce building bulk.

Read more: <a href="/news/qld/first-look-shayher-group-reveals-next-indooroopilly-stage">Shayher Group reveals next Indooroopilly stage</a>

The median unit value now sits at $698,000 and is likely to break the $700,000 mark in May for the first time in history.

City Beat April 2025: Brisbane unit market continues growth cycle

It’s been 15 long years since the former Balmain Leagues Club was open to the public.

The large 7,330 sqm Victoria Road site has grown progressively more derelict since the doors to the former club shut back in 2010.

It’s been seven years since the first redevelopment was mooted, and following a recent change in ownership, the former club is now set to become the hub of Rozelle once again.

[smartcode_project:default project_id=8142 project_image_fid=347020]

Sydney developer PERIFA has taken the development reins, securing the site from former landowner Heworth.

PERIFA is part of the Versatile Group of companies, which counts construction firm Versatile Construction among its businesses. They’re set to bring something completely different to what has come before on the Balmain Peninsula.

<a href="/new-apartments/rozelle-village-rozelle-152-victoria-road-rozelle-nsw-2039">Rozelle Village</a> is being delivered in partnership with Mitsubishi Estate Asia and will become the go-to destination in the area for both residents and locals. The mixed-use precinct will not only be home to around 150 one-, two-, and three-bedroom apartments, but also feature a fully activated ground plane with extensive hospitality venues and retail spaces.

A new club will replace the old Balmain Leagues Club. The public plaza will include a range of new food and hospitality venues, a community art studio, and a retail precinct anchored by a full-line supermarket — a first for the peninsula.

The apartments will be spread across three interconnected buildings designed by Studio SC, with interiors by SJB.

[smartcode_project:default project_id=8142 project_image_fid=347021]

Fabrizio Perilli, Co-Founder and Managing Director of PERIFA and Versatile Group, says the project marks a pivotal moment for Rozelle and the Balmain Peninsula.

“Our shared vision for Rozelle Village is to create a mixed-use precinct that is thoughtfully designed and caters to new residents and the community alike," Perilli says.

"It will be a major meeting place for the community, that embraces the unique character of the Balmain/Rozelle peninsula, while helping to shape its next chapter.”

The residential offering will cater to downsizers, families, and local owner-occupiers, with an emphasis on larger floorplans, high-quality finishes, and expansive views across Iron Cove, Sydney Harbour, and the Parramatta River.

[smartcode_project_cta:default project_id=8142]

Rozelle Village is being delivered in partnership with Mitsubishi Estate Asia and will become the go-to destination in the area for both its residents and locals

PERIFA to create new inner west hub as buyers get first chance to buy at Rozelle Village

The tide has well and truly turned in the Melbourne property market—and this time, it’s all about units.

While every other capital city in Australia experienced strong property price growth over the last 18 months or so, Melbourne lagged behind.

While the declines were modest—house values fell by -2.1 per cent in 2024 and unit values dropped by -3.2 per cent — the city’s flat performance puzzled many of those in the industry.

But the momentum is shifting.

<img alt="Melbourne" data-entity-type="file" data-entity-uuid="492a189c-a93c-4d9d-aa18-666eb2776200" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-07%20at%2011.14.41%E2%80%AFAM.png?VersionId=9zbkdgkGJAL1S2.5MFvDVHWHhjpTbtev" />

A cash rate cut in February has helped restore confidence, and Melbourne’s relative affordability has become a key attraction. Having slipped to sixth place in capital city affordability rankings—now trailing Brisbane, Perth, and Adelaide—buyers and investors alike are beginning to view Melbourne as excellent value.

According to the Home Value Index by Cotality (formerly CoreLogic), unit values rose 0.4 per cenr in April, building on gains of 0.4 per cent in March and 0.2 per cent in February. Units are currently outperforming houses, which recorded a more modest 0.1 per cent increase in April.

Melbourne’s median unit value now sits at $610,000.

With further interest rate cuts on the horizon, many analysts believe Melbourne’s property market is poised for steady growth in the medium to long term as it begins to catch up with other capital cities.

<h2>What happened in Melbourne’s off the plan apartment market in April?</h2>

The renewed interest in Melbourne's unit market has spurred on developers in the off the plan apartment space.

Design-focused developer <a href="/developers/milieu-property">Milieu</a> appointed <a href="/builders/brady-constructions" target="">Brady Constructions</a> to deliver the first stage of its <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> neighbourhood — a rare garden-integrated apartment community on the former ABC Studios site on Gordon Street.

[smartcode_project:default project_id=136535 project_image_fid=288419]

Brady will begin excavation on the large 11,740 sqm site, which neighbours the heritage-listed Rippon Lea Estate and its historic gardens, in the coming months.

Milieu has worked closely with <a href="/architects/woods-bagot">Woods Bagot</a>, <a href="/interior-designers/kpdo-architecture-interior-design">K.P.D.O.</a>, and <a href="/landscape-architect/oculus">Oculus</a> to design buildings that integrate directly with the neighbouring gardens. Residents will have private access to the heritage grounds, which will also be maintained by Rippon Lea’s gardeners.

[smartcode_project:default project_id=136535 project_image_fid=288414]

The fossil fuel-free apartments will feature renewable energy sources, EV charging, and water harvesting, as well as on-site wellness and hospitality offerings.

Milieu's Managing Director, Michael McCormack, called it a “once-in-a-lifetime project… immersed in nature with a truly unique community.”

Read more: <a href="/news/vic/milieu-appoints-builder-for-elsternwick-gardens-neighbourhood">Milieu appoints builder for Elsternwick Gardens neighbourhood</a>

April saw the rare launch of a new apartment development—something that has been few and far between in Melbourne over the past 12 months. Even more notable, the project is located in the heart of Balwyn Village.

[smartcode_project:default project_id=136850 project_image_fid=343580]

Supermarket giant Coles has teamed up with&nbsp;developer Dimas Property Group for&nbsp;<a href="/new-apartments/white-weston-balwyn-village-259-281-whitehorse-road-balwyn-vic-3103">White &amp; Weston</a>—a boutique apartment project above a full-line Coles supermarket on Whitehorse Road.

Designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a> with landscaping by&nbsp;<a href="/landscape-architect/jack-merlo">Jack Merlo</a>,&nbsp;White &amp; Weston comprises just 45 two, three and four-bedroom residences in a three-level building.&nbsp; Residents will enjoy views over Balwyn Park and energy-efficient designs aligned with Sustainability Victoria’s Whole of Home Initiative.

[smartcode_project:default project_id=136850 project_image_fid=343582]

With rooftop gardens, Miele appliances, Signorino stone finishes, and private outdoor spaces, the project targets empty nesters, professional singles, and young couples seeking convenience, luxury, and green living.

Read more: <a href="/news/vic/coles-and-dimas-property-group-launch-white-weston-in-balwyn-village">Coles and Dimas Property Group launch White &amp; Weston in Balwyn Village</a>

[smartcode_project:default project_id=136850 project_image_fid=343594]

<a href="/developers/sunkin-property-group">Sunkin</a> took another major step in its ambitious <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> masterplan in April, topping out one of the latest buildings in the new 9.3-hectare community next to Highett Station.

They will be welcoming residents in around six months time to the North Lane building. At the same time the first building is completed, so will the brand new one-hectare park.

[smartcode_project:default project_id=108019 project_image_fid=300041]

The Townhomes Collection and Mews Collection are also progressing, with basement works for the latter already underway.&nbsp;Select residences are currently available with stamp duty savings and a $12,000 furniture and styling package by Coco Republic, offering added value for early buyers.

Read more: <a href="/news/vic/sunkin-tops-out-next-highett-common-building-as-move-in-date-approaches">Sunkin tops out next Highett Common building as move-in date approaches</a>

[smartcode_project:default project_id=108019 project_image_fid=300049]

April marked the completion of one of most unique new developments to ever be delivered in Australia.

In a national first, <a href="/developers/c-street-projects">C. Street Projects</a> completed Australia’s first certified Passivhaus homes in <a href="Hawthorn">Hawthorn</a>—a trio of three-bedroom townhomes designed to be continuously ventilated with fresh, filtered air, significantly reducing allergens and pollutants in the home.

The turnkey homes maintain a year-round temperature of 23 degrees while using 70 per cent less energy than typical Victorian homes. With triple-glazed windows, straw panel insulation, EV chargers, solar, and battery storage, the homes operate at net zero energy and represent the new benchmark for sustainable living.

[smartcode_project:default project_id=112386 project_image_fid=338630]

Kin Seng Choo and Michael Robertson, the duo behind C. Street Projects, have spent the last five years developing a method and design approach to scaling certified Passivhaus projects suited to the unique challenges of Australian conditions.

“Australians should have access to sustainable homes built to global best practice," Choo says.

"Turnkey homes certified to the Passivhaus standard provide that independent verification and surety of quality."

<a href="/project-marketer/jellis-craig-projects">Jellis Craig</a>&nbsp;Projects Director, Stephen Bowtell, is marketing ECHO Hawthorn.

Read more: <a href="/news/vic/first-certified-passivhaus-homes-in-australia-complete-in-hawthorn">First certified Passivhaus homes in Australia complete in Hawthorn</a>

According to the Home Value Index by Cotality (formerly CoreLogic), unit values rose 0.4 per cenr in April, building on gains of 0.4 per cent in March and 0.2 per cent in February

City Beat April 2025: It's official, Melbourne is back

Sydney’s residential property market continues to tell a story of two very different sectors.

As the market rebounds, house values are pulling further ahead of unit prices—April was no exception.

According to the Home Value Index from Cotality (formerly CoreLogic), house values rose by 0.4 per cent in April, while unit values declined by -0.4 per cent. Over the rolling quarter, houses are up 1.4 per cent, but units have fallen by -0.4 per cent.

Sydney’s median house value now sits at $1,474,000, compared to $854,000 for units—a $620,000 difference.

This widening gap underscores the ongoing affordability advantage of units for buyers priced out of the housing market, particularly in a city where overall property values remain among the highest in the country.

<h2>What happened in Sydney’s off-the-plan apartment market in April?</h2>

The increasing cost of housing in Sydney is giving developers every opportunity to bring projects to market and secure prices that will allow them to move to the construction phase of the project.

Developers are certainly having to look for new ways to bring something more to their projects above the ordinary, ensuring they're delivering a considerably better place to live than buying into an established building.

No doubt renowned builder-developer DASCO has done so at its recently launched&nbsp;<a href="/new-apartments/danks-st-district-waterloo-903-921-bourke-street-waterloo-nsw-2017">Danks St District</a> in <a href="/developments/waterloo-nsw-2017">Waterloo</a>. They have a fairly unrepeatable 1.7-hectare block in the middle of the inner-city suburb where they are to create a large mixed-use development with 373 new apartments above a retail and dining precincts.

[smartcode_project:default project_id=111820 project_image_fid=344699]

The first stage that buyers have jumped at is Bourke Street Residences, a sculptural building designed by&nbsp;<a href="/architects/mhn-design-union">MHNDU</a> and <a href="/architects/fieldwork">Fieldwork</a>.

The building will feature rooftop gardens, BBQ areas, an outdoor gym, and a soundproof music room.

[smartcode_project:default project_id=111820 project_image_fid=346377]

DASCO has also taken out the sought-after Latent Defects Insurance from Resilience Insurance.&nbsp;The insurance, which can only be taken out by the developer and not the property owner, protects homeowners from major structural or waterproofing faults for 10 years post-completion.

Read more: <a href="/news/nsw/dasco-launches-game-changing-new-waterloo-precinct-danks-st-district">DASCO launches game-changing new Waterloo precinct, Danks St District</a>

[smartcode_project:default project_id=111820 project_image_fid=344704]

Another builder-developer who has created something unrepeatable is <a href="/developers/toga-group">TOGA</a>, who is selling the final homes at its transformative inner-city development, <a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016">Surry Hills Village</a>.

Surry Hills Village, or SHV, on the border of Surry Hills and Redfern, just off Crown and Cleveland Streets, has received much fanfare since it completed late last year, namely due to its hospitality precinct, Wunderlich Lane, one of the hottest spots in Sydney.

[smartcode_project:default project_id=9302 project_image_fid=342091]

The final homes for sale in the sought-after development are the Marriott Street Terraces. There are only three, individually-designed terraces left which have three bedrooms, sculptural kitchens with Sub-Zero and Wolf appliances and a wine bar, outdoor spaces primed for entertaining, and a car space, a rarity for terraces in the inner-city.

Read more: <a href="/news/nsw/first-look-last-chance-at-surry-hills-village-as-toga-launches-luxury-terrace-collection">Last chance at Surry Hills Village as TOGA launches luxury terrace collection</a>

[smartcode_project:default project_id=9302 project_image_fid=342101]

Masterplanned developer <a href="/developers/sekisui-house-australia" target="">Sekisui House Australia</a>, who is creating communities in previously underutilised areas across Greater Sydney, released the Skyhome Collection at Willow, the latest stage of their $2 billion Sanctuary masterplan at&nbsp;<a href="/developments/wentworth-point-nsw-2127" target="">Wentworth Point</a>.

Designed by <a href="/architects/turner-studio">TURNER</a>, the homes feature floor-to-ceiling glass, expansive balconies, and curved bronze-toned screens that reflect the form of the Parramatta River. Prices range from $810,000 to $4.5 million, with each apartment designed for light, space, and uninterrupted views of the river, CBD, and Blue Mountains.

[smartcode_project:default project_id=6969 project_image_fid=228751]

Sanctuary is evolving into one of Sydney’s most connected waterfront precincts, with buyers drawn by access to ferry services, parklands, and future light rail.

Read more: <a href="/news/nsw/sekisui-house-australia-launches-willow-skyhome-collection-in-2-billion-sanctuary-masterplan-in-wentworth-point">Sekisui House launches Willow Skyhome Collection in billion Sanctuary masterplan</a>

North of the Bridge, April saw&nbsp;<a href="/developers/coronation-property" target="">Coronation Property</a>&nbsp;break ground on its $250 million <a href="/developments/chatswood-nsw-2067" target="">Chatswood</a> project, a 32-level mixed-use development on Archer Street.

[smartcode_project:default project_id=29796 project_image_fid=267349]

The project, designed by <a href="/architects/woods-bagot">Woods Bagot</a>, will deliver over 150 apartments, along with 2,500 sqm of retail and commercial space, wellness amenities, and a restored heritage building.

Recognised as a State Significant Development, the project will generate up to 400 jobs and be a key contributor to Chatswood’s transformation into a vibrant residential and retail hub.

Read more: <a href="/news/nsw/coronation-property-group-breaks-ground-at-new-chatswood-apartment-development">Coronation Property Group breaks ground at new Chatswood apartment development</a>

In April, another builder-developer, <a href="/developers/scion">Scion</a>, started welcoming buyers to Sterling, their 50-apartment development in <a href="/developments/lane-cove-north-nsw-2066">Lane Cove North</a>.

Originally started by a different developer, Scion stepped in mid-build, assured by the project’s Latent Defects Insurance and robust independent inspections.

[smartcode_project:default project_id=136108 project_image_fid=303415]

Sterling includes one, two, and three-bedroom residences, designed to reflect Lane Cove’s natural surrounds.

Read more: <a href="/news/nsw/buyers-to-move-into-lane-cove-norths-first-ldi-protected-apartment-development-as-scion-wraps-up-sterling-construction">Buyers to move into Lane Cove North's first LDI-protected apartment development</a>

City Beat April 2025: Sydney developers going above and beyond as house values continue upward trajectory

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

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

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

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

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

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

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

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Ceerose Founder Edward Doueihi told Apartments.com.au the developer’s long-standing presence in Leichhardt and the Inner West had given it a strong understanding of how the area has evolved and where its future opportunities lie.

“Ceerose has had a long-standing presence in Leichhardt and the Inner West, giving us a unique understanding of the area’s evolution and future potential,” Doueihi said.

“Having delivered projects throughout the region, we have witnessed the suburb’s transformation first-hand and understand the opportunities for its continued growth.”

Doueihi said that understanding also informed the planning process, with a comprehensive Stakeholder Engagement Outcomes Report prepared before the application was lodged.

The report identified the key issues and concerns raised by neighbouring residents and other stakeholders, allowing those matters to be considered and incorporated into the design where appropriate.

He said the delivery of additional housing would also play an important role in supporting the revitalisation of Norton Street and the Italian Forum.

“By increasing the local residential population, the development is expected to strengthen demand for local businesses, encourage further investment, and help restore the vibrancy that made the precinct a thriving destination in the early 2000s.”

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Doueihi founded Ceerose in 1998 and has grown the business to become one of Sydney's more active apartment developers in recent years, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

Joel Robinson

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