Gold Coast developer <a href="/developers/alroe-constructions">Alroe</a> is approaching a full sellout at The Finn, its premium boutique development in Mermaid Beach.

Six of the eight apartments in the Albatross Avenue development have sold, predominantly to local downsizers. The final two villas are now for sale.

The remaining villas – priced from $3 million – include a ground-floor residence, Villa 1, which will be marketed through a standard expressions of interest campaign, and an upper-level residence, Villa 6, which will be open for inspection from April 19 ahead of a scheduled auction event on May 8.

[smartcode_project:default project_id=113112 project_image_fid=347272]

There have been more than $23.5 million worth of sales in The Finn, something&nbsp;Tye Alroe, CEO of Alroe, says reflects a broader market shift as long-time homeowners in central Gold Coast suburbs look to capitalise on capital growth and secure luxury homes with less maintenance, without compromising on lifestyle.

“We’re seeing a continued push from established locals who are selling large family homes and opting for a premium residence in familiar, well-connected locations,” Alroe said.

“The Finn meets that need – it’s low-density, design-led, and offers the level of sophistication buyers expect when downsizing from multimillion-dollar homes.”

Sales have averaged close to $4 million, underlining sustained demand in the top end of the market.

“This is a segment that’s growing rapidly – equity-rich locals, including downsizers and professionals, want space, style and proximity to lifestyle amenities without moving into high-rise buildings," Alroe added.

“Our strategy has always been to deliver premium boutique residences in blue-chip locations that offer lasting value, and The Finn is a direct result of that focus.”

[smartcode_project:default project_id=113112 project_image_fid=347271]

Positioned just metres from Hedges Avenue and within walking distance of the beach, The Finn features eight architecturally designed villas ranging in size from 214 sqm to 390 sqm.

Each residence includes expansive three-bedroom layouts, private pools or rooftop terraces, and curated landscaping to enhance privacy and liveability. The design draws on coastal-inspired materials and finishes, including Venetian render, 
travertine stone, large-format floor plans, and three-metre ceilings.

Each residence also includes dedicated home offices, private garages, and multiple living zones tailored for owner-occupiers.

With new luxury townhouse supply in central locations remaining limited, The Finn has resonated with a niche yet deep buyer pool – primarily local, equity-rich, and intent on staying close to family and familiar lifestyle precincts.

The project follows the success of <a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Alroe’s Lune at Main Beach</a> and continues the developer’s strategy of delivering boutique residential offerings in high-demand coastal suburbs.

Joel Robinson

Alroe completes The Finn at Mermaid Beach with just two apartments remaining

The Gold Coast’s beachfront is on track to become the most connected coastal strip in the country.

The existing light rail system, known locally as the G:LINK, currently runs from Helensvale in the north down to Broadbeach South.

Stage three of the G:LINK will soon extend the line further south to Burleigh Heads, while stage four is set to continue the route all the way to Coolangatta and the Gold Coast Airport—a level of beachfront connectivity that even Sydney’s Eastern Suburbs can’t match.

As a result, suburbs like Burleigh Heads, Palm Beach, and Bilinga are expected to become even more desirable than they already are, with improved public transport further boosting their appeal to both buyers and investors.

In this article, we’ve rounded up some of the most exciting new developments across the southern Gold Coast that will directly benefit from the upcoming G:LINK extensions.

<h2>What: ONE Burleigh Heads</h2>

<h3>Where: 88 The Esplanade, Burleigh Heads QLD 4220</h3>

<h3>Who: MAYD Group</h3>

MAYD Group's ultra-luxury ONE Burleigh development will be the closest to a new light rail stop when it is delivered.

Construction recently commenced on ONE Burleigh, which will be a stone's throw from the Second Avenue stop. It will comprise 16 full-floor apartments when it is completed in summer 2026.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The development will also feature a spa, hot and cold plunge pools, sauna, steam room, and a grand lobby lounge.

Construction <a href="/news/qld/mayd-kicks-off-construction-of-ultra-luxury-one-burleigh-apartment-development-in-burleigh-heads?utm_source=Iterable&amp;utm_medium=email&amp;utm_campaign=PROOF_CAMPAIGN_NAME&amp;csl=8d714fbbbefa50853681a54fae4f9af940f2dddf&amp;iterableEndUserId=8d714fbbbefa50853681a54fae4f9af940f2dddf&amp;iterableEmailCampaignId=-12345">is being undertaken</a> by MAYD in partnership with Formplus.

<h2>What: Burly Residences</h2>

<h3>Where: 264-268 The Esplanade, Burleigh Heads QLD 4220</h3>

<h3>Who: DD Living​</h3>

One kilometre north of ONE Burleigh is DD Living's <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a>, which will be just 300m from the Christine Avenue stop, the stop before Second Avenue.

[smartcode_project:default project_id=134791 project_image_fid=328216]

The 25-level beachfront development offers just over 100 luxury apartments and two full levels of facilities including several swimming pools, a gym with Peloton room, steam room, sauna, yoga and Pilates lounge, a private cinema, barbecue area, casual and formal dining, kitchen, teppanyaki bar, private office, executive lounge and a bar.

Legendary Japanese architect&nbsp;<a href="/architects/koichi-takada-architects" target="">Koichi Takada</a>&nbsp;designed Burly Residences, and the interiors were handled by the equally regarded interior practice, MIM Design, led by design doyenne Miriam Fanning.

[smartcode_project:default project_id=134791 project_image_fid=328218]

Construction firm Gowdie Management Group has started the build phase of the $535 million apartment development on a prime beachfront site at The Esplanade.

<h2>What: Villea Palm Beach</h2>

<h3>Where: 26 Mawarra Street, Palm Beach QLD 4221​</h3>

<h3>Who: Abadeen Group​</h3>

<a href="/developers/abadeen-group">Abadeen</a>'s debut Gold Coast apartment development, Villea, due for completion later this year, will be 650 metres from the proposed Nineteenth Avenue light rail stop at the northern end of Palm Beach.

[smartcode_project:default project_id=106840 project_image_fid=336452]

Villea offers 69 two and three-bedroom north-facing apartments with views over Palm Beach and back to the hinterland.

<a href="/new-apartments/villea-palm-beach-26-mawarra-street-palm-beach-qld-4221">Villea</a> features resort-style amenities, including a pool, gym, and outdoor BBQ area, all within a short stroll to Palm Beach's pristine shoreline.

[smartcode_project:default project_id=106840 project_image_fid=336442]

The ground-floor precinct features a carefully curated selection of boutique retail spaces, great for grabbing a coffee or picking up local products.

Read more:&nbsp;<a href="/news/qld/abadeen-finds-untapped-palm-beach-pocket-for-debut-gold-coast-apartment-development-villea">Abadeen finds untapped Palm Beach pocket for debut Gold Coast apartment development, Villea</a>

<h2>What: Pescado</h2>

<h3>Where: 228–230 Jefferson Lane, Palm Beach QLD 4221</h3>

<h3>Who: YLB Property Developments​</h3>

<a href="/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a>, one of the most popular developments on the Gold Coast right now because of its DJ developer DJ Fisher, will be 500m from the proposed Elevent Avenue light rail stop when the extension completes.

[smartcode_project:default project_id=149651 project_image_fid=342045]

The $50 million development, on the dress circle Jefferson Lane, is being developed by the Fishers' new development company, <a href="/developers/ylb-property-developments">YLB Property Developments</a>, and will home just seven ultra-luxury apartments designed by the Fishers and <a href="/architects/bda-architecture">BDA Architecture</a>.

The Fishers, who intend to retain the two-level penthouse, have already appointed Gold Coast construction company <a href="/builders/hnkn">HNKN</a> to build Pescado.

[smartcode_project:default project_id=149651 project_image_fid=342040]

Designed with an emphasis on wellness, functionality, and meaningful social spaces, Pescado features a resort-style pool, gym, cold plunge, BBQ, and dining areas, encouraging a balanced lifestyle.

Read more:&nbsp;<a href="/news/qld/dj-fisher-launches-pescado-luxury-palm-beach-apartment-development">DJ Fisher launches Pescado, luxury Palm Beach apartment development</a>

<h2>What: Pipis Bilinga</h2>

<h3>Where: 303 Golden Four Drive, Bilinga QLD 4225</h3>

<h3>Who: Siera Property Group​</h3>

<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> is the only off the plan apartment development currently in market in <a href="/developments/bilinga-qld-4225">Bilinga</a>.

[smartcode_project:default project_id=138311 project_image_fid=264299]

The soon-to-be-completed building with 19 luxury apartments will be 500 metres&nbsp;from the proposed Boyd Street light rail stop.

Residents of PIPIS will have access to a range of private ground-floor amenities, including a 15-metre heated lap pool with a sun lounge deck, a fully equipped gym with rowing, biking, and reformer Pilates facilities, a dog wash station, an outdoor rain-head shower, and direct beachfront access.

[smartcode_project:default project_id=138311 project_image_fid=341453]

Developer <a href="/developers/siera">SIERA</a> has been working toward the completion of the luxury 11-level Golden Four Drive development. They are anticipating welcoming residents in mid-2025.

They recently released the penthouses atop Pipis, some of the best ever produced in Bilinga.

Read more:&nbsp;<a href="/news/qld/pipis-penthouses-turn-heads-in-bilinga">PIPIS penthouses turn heads in Bilinga</a>

With the G:LINK light rail set to extend all the way to the Gold Coast Airport, suburbs like Burleigh Heads, Palm Beach, and Bilinga are becoming some of the most connected—and desirable—beachfront locations in the country

The Southern Gold Coast is about to boom — here's why

Caloundra is set for a rare new apartment development with the launch of Sunset Caloundra, a new collection of apartments from the Brisbane-based <a href="/developers/dusk-group">Dusk Group</a>.

Dusk Group swooped on the prime 1,255 sqm Bombala Terrace site last year, revising the previous plans to create a seven-level building with 36 apartments, where prices start from $650,000.

[smartcode_project:default project_id=148795 project_image_fid=346471]

Several of the apartments in <a href="/new-apartments/sunset-by-dusk-group-caloundra-5-7-bombala-terrace-caloundra-qld-4551">Sunset&nbsp;Caloundra</a> have already been snapped up by South East Queensland locals, who intend to either reside in the homes or use them as weekenders.

<a href="/architects/mas-architecture-studio">MAS Architecture Studio</a> designed the building, drawing inspiration from Caloundra’s coastal character, with a material palette that references the colours and textures of the surrounding landscape.

[smartcode_project:default project_id=148795 project_image_fid=346469]

Lead architect Nick Symonds said the gently curved balconies, textured finishes, and generous glazing were designed to respond to both the subtropical climate and the area’s laid-back lifestyle.

The development will also include a ground-floor swimming pool, BBQ facilities, communal green space, and a residents’ lounge.

[smartcode_project:default project_id=148795 project_image_fid=346475]

The building’s position offers wide-ranging views in multiple directions. Apartments on higher levels are expected to have outlooks over Bulcock Beach and Bribie Island to the east, with glimpses of the Glasshouse Mountains to the west.

Dusk Group Director Anthony Short said the project’s location was a key factor in its appeal.

“It’s rare to find sites in Caloundra that offer this combination of elevation, walkability, and proximity to both beach and town centre,” he said.

Within a short walk are Kings Beach, the Caloundra Bowls Club, Bicentennial Park, a local supermarket, and nearby cafés and dining options. The suburb is also earmarked for a future train station as part of the Sunshine Coast rail extension.

[smartcode_project:default project_id=148795 project_image_fid=346466]

Dusk Group is expecting to commence construction of Sunset Caloundra in Q2 2025.

The developer is also nearing completion of Aurora on Depper, a boutique townhouse development in St Lucia, Brisbane. The <a href="/developments/caloundra-qld-4551">Caloundra</a> project marks the company’s first foray into the Sunshine Coast apartment market.

[smartcode_project_cta:default project_id=148795]

Dusk Group is expecting to commence construction of Sunset Caloundra in Q2 2025.

Dusk Group launches Sunset Caloundra apartments

One-bedroom apartments in Brisbane's hot new and off the plan property market are few and far between.

Auspace Developments Group however has carved out a pocket in Gaythorne, less than 10km north of Brisbane, where they're offering one-bedroom apartments in their new development from just $600,000.

<a href="/new-apartments/astra-apartments-gaythorne-16-station-avenue-gaythorne">Astra Apartments</a> will comprise just&nbsp;12 one and two-bedroom residences in the heart of the small northern suburb between Alderley and Everton Park.

[smartcode_project:default project_id=148948 project_image_fid=320220]

The apartments reflect careful planning, with sizes ranging up to 158 sqm, including expansive courtyards and patios, providing generous living spaces uncommon in many new developments.&nbsp;

The interiors are designed with practicality and longevity in mind. Kitchens feature Italian-made Ariston appliances, including induction cooktops and integrated dishwashers, alongside soft-close storage solutions.&nbsp;

[smartcode_project:default project_id=148948 project_image_fid=320224]

&nbsp;

Astra is strategically located less than 100m from <a href="/developments/gaythorne-qld-4051">Gaythorne</a> Station, which is just 24 minutes to the CBD.

Residents of Astra will benefit from the proximity to the station's surrounding amenity, from coffee at the nearby Hobby Lane to dining at Little Thai Restaurant.

[smartcode_project_cta:default project_id=148948]

Astra is strategically located less than 100m from Gaythorne Station, which is just 24 minutes to the CBD.

Astra Gaythorne offers Brisbane's most affordable new apartments

Leading Australian developer TOGA Group has released the final stage of residences at its iconic Surry Hills Village precinct.

The last three completed terraces, known as the Marriott Street Terraces, will likely sell between $3.7 million and $3.9 million.

[smartcode_project:default project_id=9302 project_image_fid=342101]

SJB Director Adam Haddow, a Surry Hills local who designed the terraces, says terrace housing&nbsp;is synonymous with inner-city living in Sydney.

"At Surry Hills Village, each terrace has been individually designed with its own identity, a playful street presence, and generous courtyards at its heart," Haddow said.

"These homes are made for entertaining, thoughtfully balancing privacy and abundant natural light, all while closely connected to the surrounding retail, restaurants, cafes, and everyday essentials that anchor the community at Surry Hills Village.”

[smartcode_project:default project_id=9302 project_image_fid=342097]

Each three-bedroom, three-bathroom terrace comes with a prized car space, a rarity for terraces in the Surry Hills/Redfern area.

They span two levels and feature a&nbsp;landscaped courtyard garden, a separate alfresco terrace with built-in Sub-Zero and Wolf appliances, and a functional scullery to ensure maximum preparation space while keeping sleek aesthetics in mind.

Each terrace’s striking facade reflects the Surry Hills iconic streetscape and allows natural light to fill spacious living areas and an effortless transition between outdoor entertaining areas and oversized indoor areas.

[smartcode_project:default project_id=9302 project_image_fid=342093]

The terraces are close to one of Sydney’s most sought-after new dining and shopping precincts, Wunderlich Lane with the hottest restaurants like Olympus Dining, Lottie and Bar Julius, all only 15 minutes from Sydney CBD.

Paul Shaw, Executive General Manager of TOGA Group, said it is rare to find a development that offers such strong synergy between space, privacy and connectivity.

"Residents can enjoy the oversized living areas, secluded communal gardens and private underground parking, while only being a walk away from the vibrant cultural offerings of Wunderlich Lane," Shaw said.

"The final three terraces of our exclusive Marriott Street collection offer a new way of modern living which has resonated strongly with both the community and the buyer market.”

[smartcode_project_cta:default project_id=9302]

"Made for entertaining": Inside the final Marriott Street Terraces at Surry Hills Village

Sorrento has long been one of Perth’s most sought-after coastal suburbs. This northern beachside location offers pristine shores, a vibrant marina lifestyle, and access to essential amenities—all just a 20-minute drive from the city.

The stretch of coastline from Hillarys to Marmion has remained a tightly held pocket, with few new developments brought to market in recent years. Seizing a once-in-a-generation opportunity was respected developer Megara, who secured a prime 5,777 sqm site fronting West Coast Drive—the closest street to the Sorrento sands—back in 2018.

Read more:&nbsp;<a href="/news/wa/the-unrepeatable-nature-of-ora-sorrento-apartments">The unrepeatable nature of Ora Sorrento apartments</a>

[smartcode_project:default project_id=136169 project_image_fid=213846]

Since then, Megara has been refining its vision in consultation with the Western Australian Department of Planning, aiming to sensitively introduce a new apartment development alongside an extensive retail precinct—much-needed in a location where housing stock has been limited.

The new development, <a href="/new-apartments/ora-sorrento-128-136-west-coast-drive-sorrento">Ora Sorrento</a>, will deliver 73 two-, three-, and four-bedroom apartments, redefining beachside living in the area. Alongside its premium design, one of the strongest drawcards for buyers has been Ora’s exceptional location. While West Coast Drive runs for six kilometres—from Trigg in the south to Hillarys in the north—Ora is positioned in arguably one of the most desirable spots along the entire stretch.

[smartcode_project:default project_id=136169 project_image_fid=213851]

With an expansive frontage to West Coast Drive, many of the apartments offer uninterrupted, never-to-be-built-out views of the Indian Ocean. To the east, residences overlook the neighbouring Geneff Park, a 14-hectare green space featuring shaded lawns, walking paths, and a marine-themed playground designed to cater to toddlers through to older children.

Ora is located directly on Marmion Beach, just before it transitions into Sorrento Beach. The marina precinct, one of Perth’s most iconic lifestyle destinations, features restaurants such as The Breakwater and Ishka, boutique retail shopping, and the Rottnest Island ferry terminal. The marina also offers Ora Sorrento owners the convenience of docking their private boats just a short walk away.

[smartcode_project:default project_id=136169 project_image_fid=213849]

Beyond the coastline, Sorrento delivers everything needed for day-to-day living. The trendy Flora Terrace, with boutiques and cafes, is just a five-minute drive, while larger shopping and lifestyle hubs, including Westfield Whitford City and Karrinyup, are just 10 minutes away and cater to fashion, entertainment, and everyday essentials.

In addition to the outstanding local amenity, a cafe/restaurants is planned for the ground level, as well as a full suite of private resident facilities on the podium level at Ora. These include a heated ocean-view pool with cabanas, a gym with a sauna, a residents’ lounge, and even a wine cellar, all located on an exclusive residents’ deck. Plus, residents can also enjoy a game of bocce or practice their putting in the private landscaped courtyard area.&nbsp;

Construction on Ora is now underway with PACT Construction and is scheduled for completion in late 2026.

[smartcode_project_cta:default project_id=136169]

In addition to the outstanding local amenity, a cafe/restaurants is planned for the ground level, as well as a full suite of private resident facilities on the podium level at Ora.

Beach one side, park the other: The unrivalled location of Ora Sorrento

<a href="/developers/lendlease-development">Lendlease</a> has broken ground on its next waterfront residences within the Collins Wharf precinct at Victoria Harbour, following strong market demand.&nbsp;

<a href="/new-apartments/ancora-at-collins-wharf-docklands-971-collins-street-docklands-vic-3008">Ancora at Collins Wharf</a>, located at 971 Collins Street, Docklands, has already secured over 50 per cent in sales, attracting buyers seeking the best of city and waterfront living.&nbsp;

The Hon. Nicholas Reece, Lord Mayor of Melbourne was in attendance to mark the start of construction of the 28-level building which will offer uninterrupted views of Victoria Harbour towards the city and the Yarra River across to Port Phillip Bay.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=314804]

As a natural extension of Melbourne’s CBD, Collins Wharf represents a significant transformation to the <a href="/developments/docklands-vic-3008">Docklands</a> area, from its industrial past into a sought-after residential precinct. &nbsp;

The revitalisation of this part of the city offers residents an opportunity to reside in a highly connected community surrounded by water and integrated green spaces, all while being a short walk from the city’s best hospitality, sports, arts, and entertainment, with exceptional transport options nearby. &nbsp;

Ancora is Lendlease’s third residential development to be delivered in the Collins Wharf precinct, following Regatta now 85 per cent presold and under construction.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=318931]

In total, Collins Wharf will deliver more than 1,800 residences across six architecturally designed buildings, to be surrounded by over 5,000 sqm of parkland which is being delivered in tandem with the residences.&nbsp;

Designed by architect <a href="/architects/warren-and-mahoney">Warren and Mahoney</a>, Ancora features one, two and three-bedroom apartments, known as the Waterfront Collection, alongside the exclusive Premier Collection which includes a range of three and four-bedroom townhouses, penthouses, and larger scale apartments.&nbsp;

Residents will enjoy a hotel-style lobby with concierge services, a private dining room to entertain guests, and the lush, landscaped surrounds of two rooftop terraces with panoramic views, plus a wintergarden.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=318927]

The residences also connect to the neighbouring Regatta via a podium to allow easy access to a range of shared wellness facilities including an indoor swimming pool, spa, sauna and steam room, gym and multipurpose rooms.

Designed as an all-electric building with electric vehicle infrastructure, the development is designed to achieve a 5 Star Green Star certification.&nbsp;

Adam Williams, Executive Director, Development, Lendlease, said&nbsp;Collins Wharf is fast becoming a sought-after address, with strong market demand for the Ancora and Regatta residences located within the well-connected, inner-city community of Victoria Harbour.&nbsp;

“As a tranquil neighbourhood on the edge of Melbourne’s CBD, where Collins Street meets the water, Collins Wharf is transforming this part of the Docklands into a desirable place to live, work and visit.”&nbsp;

Lord Mayor, Nick Reece, said the&nbsp;appetite for quality-designed residential living in Melbourne is insatiable.

"We're pleased to see a development that opens the door to world-class lifestyle apartments, surrounded by waterways and greenery while remaining within arm's reach of the CBD.&nbsp; 
&nbsp; 
“Melbourne's population is expected to swell by 142,000 residents by 2027, and it’s developments like Ancora that continue to cement our reputation as Australia's most liveable city.”&nbsp;

Ancora at Collins Wharf is expected to complete in 2027.

[smartcode_project_cta:default project_id=9779]

Lord Mayor, Nick Reece, said the appetite for quality-designed residential living in Melbourne is insatiable

Lendlease commences construction at Ancora Collins Wharf

<a href="/developers/thirdi-group">Third.i</a>&nbsp;has&nbsp;announced a strategic partnership with Dexus’s opportunistic Fund series, Dexus Real Estate Partnership (DREP), for the development of The Merewether Residences in Newcastle.&nbsp;

The second fund in the series, DREP2, has entered a joint venture with Third.i to deliver the $300 million, 178-unit retirement village on a one-hectare site at the Merewether Golf Club. The partnership will support Third.i’s vision and delivery of The Merewether Residences as a landmark over-55s community.&nbsp;

Luke Berry, Director and Co-Founder of Third.i Group said DREP plays a critical role in providing capital funding to support the development.

“This partnership with DREP2 reflects Third.i's reputation and experience as a developer, built on a track record of delivering outstanding projects," Berry says.

"We are excited to continue leading the way in creating vibrant residential communities.&nbsp;

Development approval has been obtained, and enabling works are underway with construction due to start later this year with completion expected by late-2027.&nbsp;

<img alt="The Merewether Residences interior" data-entity-type="file" data-entity-uuid="3769a6b4-85e3-48b7-8ad9-fce4efd9be42" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_S160_FINAL2500.jpg?VersionId=RImAI_J_2exPoamo.XJZGcLhmlmbh_1T" />

Located at the iconic Merewether Golf Club, <a href="/new-apartments/the-merewether-residences-adamstown-40-king-street-adamstown">The Merewether Residences</a> is a luxury over-55s retirement community that integrates resort-style amenities such as a health and wellness space, lap pool, cinema, and a new clubhouse for both residents and golf club members.

Designed by renowned architects Marchese Partners and now overseen by <a href="/architects/eje-architecture">EJE Architecture</a>, the project blends coastal charm with contemporary elegance.

<img alt="The Merewether Residences clubhouse" data-entity-type="file" data-entity-uuid="cc10b614-9217-4eb9-bf93-cd14428d8680" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/JPG_clubhouse_the_merewether_residences_3D_render_by_VV.jpg?VersionId=ZclC8_NPCaC_czPGKLq2Zu8q4CYcEQBs" />

<a href="/builders/decode">Decode Group</a> was appointed to build The Merewether Residences in late 2024.

Early site works have commenced on The Merewether Residences, with the demolition of the existing greenkeepers shed marking the start of construction. The new clubhouse is expected to open in late 2026, with completion of The Merewether Residences anticipated in late 2027.&nbsp;

[smartcode_project_cta:default project_id=149325]

Third.i partners with Dexus Fund for The Merewether Residences

For several years, a prime development site on Upper Heidelberg Road in Ivanhoe—the gateway to one of Melbourne’s most exclusive north-eastern suburbs—sat vacant.

After a few delays Salter Brothers, one of Australia's leading alternative investment managers, acquired the 2,445 sqm block.

Construction is now set to begin on <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela Ivanhoe</a>, the only off the plan apartment development currently available in the area.

[smartcode_project:default project_id=342 project_image_fid=212227]

The brief for architect John Demos was to design a building that would embrace the unique shape of the site allowing for maximum light and flexible floor plan options that would appeal to a diverse range of buyers. The result is a boutique, six-level development comprising 62 apartments, offering a mix of one, two, three, and four-bedroom configurations.

Kathy Demos handled the interior designs for the apartments, focusing on functionality and sustainability. The building has been designed to deliver a 7-star average energy rating average outlined in the Building Code of Australia.

Candela - the influence of light - inspired the name of the building, as all apartments are designed to enhance daylight access in all living areas and bedrooms, reducing the reliance on electric lighting and increasing the wellbeing of residents. Renewable Energy A 25kW Solar PV system will be installed on the roof to help power the communal areas and reduce owners' corporation contribution.

[smartcode_project:default project_id=342 project_image_fid=336455]

In addition to introducing new apartment living to a suburb traditionally dominated by detached houses, Salter Brothers is also bringing a number of amenities to Ivanhoe. The apartments will sit above a providore, and commercial spaces—encouraging resident interaction while serving the wider community. Residents will also enjoy private amenities, including a landscaped communal rooftop terrace for resident use.

[smartcode_project:default project_id=342 project_image_fid=169534]

Arguably, Candela’s biggest drawcard is its location. Boasting a Walk Score of 90 out of 100, the development is just a six-minute walk from Ivanhoe Station and is surrounded by cafés, restaurants, parks, and schools. In this highly walkable neighbourhood, owning a car is truly optional.

Construction will soon commence on Candela, with completion expected toward the end of 2026.

Kingsford Direct Director Sonia Fava says Candela has been worth the wait for owner-occupiers seeking to secure a home in the brilliantly located Ivanhoe Village.

[smartcode_project_cta:default project_id=342]

Kingsford Direct Director Sonia Fava says Candela has been worth the wait for owner-occupiers seeking to secure a home in the brilliantly located Ivanhoe Village.

Salter Brothers to reshape gateway to Ivanhoe as Candela starts to rise

Design-led developer Milieu is making strong progress on <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a>, its first new development in Melbourne’s prestigious south-eastern suburbs.

This boutique project comprises just 21 residences and has been thoughtfully designed by acclaimed architecture studio Ritz &amp; Ghougassian, with interiors by Georgina Jeffries. The development continues Milieu’s commitment to context-driven design—creating homes that blend seamlessly with their surroundings while offering a fresh, contemporary take on apartment living, a hallmark of the brand since its founding in 2010.

We recently visited the Plant Street display suite to give our audience a closer look at what future residents can expect.

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The architecture by Ritz &amp; Ghougassian is striking—defined by a bold, textured concrete façade and smooth slab edges that shift and soften with the movement of natural light throughout the day. The result is a dynamic streetscape that feels both architectural and organic: distinctly urban, yet quietly restrained.

Inside, Georgina Jeffries has curated a warm and inviting interior palette, using tactile materials that are designed to age gracefully over time.

At the heart of each residence, the kitchen reflects Milieu’s design-led philosophy. Integrated Swiss-made V-ZUG appliances, stone benchtops, and refined detailing come together to create a highly functional and elegant space.

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Generous open-plan living areas are framed by expansive windows that flood the interiors with natural light, while offering leafy outlooks to the surrounding landscape.

Every element—from spatial proportions to natural materiality—has been carefully considered to evoke a calm, retreat-like atmosphere in the heart of Malvern.

Landscape architecture studio Acre softens the building’s bold geometry with a curated selection of layered, seasonal plantings. This thoughtful landscaping enhances the indoor-outdoor connection and further roots the development in its natural environment.

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Positioned just moments from Malvern’s cafés, boutique shopping, and leafy parklands, Plant Street places residents at the centre of Melbourne’s vibrant south east.

Construction by Manresa is progressing steadily, with completion anticipated in Q3 2025.

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Inside Plant Street by Milieu in Malvern: Urban's display suite tour

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.

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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."

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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.

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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.

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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;

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<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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