National property developer&nbsp;<a href="/developers/stockland">Stockland</a> is back in the new apartment market.

The development, who has focused predominantly on house and land and masterplanned communities in recent years, has announced a return to the high-density, apartment and mixed-use market.

It will soon launch <a href="/new-apartments/stanton-place-rosebery-5-15-dunning-avenue-rosebery-nsw-2018">Stanton Place</a> in <a href="/developments/rosebery-nsw-2018">Rosebery</a>, 144 one, two and three-bedroom apartments, terraces and skyhomes across three buildings on Dunning Avenue. It will have&nbsp;a central landscaped courtyard with BBQ facilities, as well as multi-purpose facilities for residents, a café space and public art installation along a curated laneway experience.

<img alt="Stockland" data-entity-type="file" data-entity-uuid="19819fc2-c576-4ba9-b8da-88460063c632" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-18%20at%208.19.38%E2%80%AFPM.png?VersionId=32oqUVdaOLz3Kx_.w.5i20NrSZ3HxfnV" />

Stockland Executive General Manager, Apartments, Ben Christie, said Stockland’s expertise and experience in creating connected communities meant it was well positioned to reimagine the concept of the urban neighbourhood.

“Urban renewal is about the evolution of our cities, and our apartments vision is to create the next generation of urban living, where design combined with curated community improves quality of life," Christie said.

"Given people remain at the heart of our cities we need to deliver vibrant and liveable urban communities that foster the connection between people and place. Diversity is key to cultivating vibrancy in urban precincts. Expert city building fosters greater diversity and provides choice, opportunity and accessibility to all members of the community."

<img alt="Stanton Place, Rosebery" data-entity-type="file" data-entity-uuid="b36411e1-cd8c-4ba0-93ca-653d5c45e9a9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/DunningAve_INT11_B103%20Living_FinalPreview.jpg?VersionId=wMSoY1tdzDKRc_LJcSsi2d1zI_kRqBD5" />

Christie says their&nbsp;apartment-led, mixed-use projects will provide large-scale quality housing in preferred locations, accessible to jobs, transport, education, amenities and services, giving individuals and families the opportunity to thrive.

Christie said the medium-term outlook for the apartment market was positive, underpinned by strong fundamentals.

“We expect the apartment sector to be the beneficiary of tailwinds in replacement cost pressure, a compelling house to apartment price premium, and a material undersupply of apartments over the medium term, underpinning our intention to target pipeline growth in major urban centres."

Joel Robinson

Stockland gets back into the new apartment market

First home buyers in Victoria and Queensland are increasingly willing to stretch their budgets, surpassing spending trends seen in New South Wales.

While affordability remains a key consideration, data from November and December reveals a growing willingness among first-time buyers in these states to invest more in their first property.

In contrast, in New South Wales, where <a href="/developments/sydney-nsw">Sydney</a> is consistently ranked among the least affordable cities globally, first home buyers are primarily focused on apartments priced between $600,000 and $1 million.

<a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>, above the Crows Nest Metro station, has attracted significant demand for its one-bedroom apartments that are priced just under $970,000, while the completed apartments in <a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand</a> Eastlakes offer an attractive entry at $745,000.

[smartcode_project:default project_id=7652 project_image_fid=291042]

First home buyers in Queensland, mainly Brisbane and the Gold Coast, are increasingly willing to spend over $1 million, particularly for larger homes or apartments in sought-after suburbs.

A prime example is <a href="/new-apartments/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>&nbsp;in <a href="/developments/rochedale-qld-4123">Rochedale</a>, where buyers can secure three or four-bedroom townhouses priced between $1 million and $1.5 million.

[smartcode_project:default project_id=136295 project_image_fid=273135]

In the hot Gold Coast new apartment market, buyers are also willing to exceed the $1 million mark, as seen at <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>, the newly released development by Sherpa in Palm Beach.

This development offers some of the most affordable apartments the area has seen in years.

One-bedroom apartments initially listed under $600,000 sold quickly, while two-bedroom units, previously priced in the mid-$800,000s, are now listed just above $1 million — still offering incredible value in one of the Gold Coast's most desirable suburbs.

[smartcode_project:default project_id=146527 project_image_fid=306036]

In Victoria, while entry-level apartments remain more affordable compared to Queensland and New South Wales, first-home buyers are still opting to spend more for better properties.

The most popular price range for first-time buyers in Victoria is $400,000 to $1 million, but, similar to Queensland, many are willing to stretch their budgets for more desirable options.

<a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred Mentone</a>, with its architecturally striking townhouses south of Bayside, has been a standout choice for many first home buyers in this price range.

[smartcode_project:default project_id=138768 project_image_fid=214857]

Another popular project in recent months is New Johnston in <a href="/developments/abbotsford-vic-3067">Abbotsford</a>, which offers a range of apartments in the $400,000 to $1 million bracket.

Located at 398-400 Johnston Street, near Victoria Park Station, this development consists of 58 one, two, and three-bedroom apartments across nine levels, with ground-floor retail spaces.

[smartcode_project:default project_id=110322 project_image_fid=259899]

<a href="/new-apartments/new-johnston-abbotsford-400-johnston-street-abbotsford-vic-3067">New Johnston</a>, currently under construction by Valeo Constructions, is expected to be completed by late 2025.

First home buyers prepared to spend more in VIC, QLD, than in NSW

Melbourne's top developers are gearing up for a big 2025, with the majority of the bigger developers expected to launch several major projects throughout the year.

Looking to take advantage of the recent stamp duty abolition, which means buyers don't have to pay any stamp duty until October 2025, developers have been fast-tracking plans to meet growing demand in the off the plan apartment market.

Many are also focusing on adding value through innovative designs and sustainability features to attract buyers seeking long-term investment potential.

There is a diverse range of developments on the horizon, from small, boutique apartments aimed at the affluent downsizer, to sustainable developments with eco-friendly designs and energy-efficient technologies, and large-scale neighbourhood precincts that will address Melbourne’s ongoing housing shortage by delivering much-needed supply to the new property market.

In this article, we've wrapped up the top new apartment developers to look out for across the city in 2025.

<h2>Abadeen</h2>

<a href="/developers/abadeen-group">Abadeen</a> has rapidly emerged as a developer to watc in Melbourne, despite only entering the local market in 2024.

Abadeen has built a strong presence in Sydney's luxury market since its founding in 1999 by industry veteran Justin Brown. The developer made its mark in Melbourne with the launch of <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> in <a href="/developments/malvern-east-vic-3145">Malvern East</a>, under the local leadership of former CBRE executive Andrew Leoncelli.

[smartcode_project:default project_id=141969 project_image_fid=222389]

Maléa,&nbsp;which recently topped out and has already sold four of its seven apartments, is on track for completion in mid-2025. Meanwhile, Abadeen has several exciting new launches planned for the year ahead

They have a permit for a <a href="/news/vic/first-look-abadeen-lodge-plans-for-second-melbourne-apartment-development">new boutique development in Prahran</a>, and later next year they will hope to launch another project on <a href="/news/vic/exclusive-abadeen-grab-next-melbourne-off-the-plan-apartment-development-site">Caulfield Park</a>.

"<a href="/developers/abadeen-group">Abadeen</a> is renowned for crafting beautiful, lasting, and aesthetically pleasing spaces that seamlessly blend with their surroundings and communities," Justin Brown says.

"As we establish new standards for quality and collaboration in the Sydney market, our goal is to replicate this success in Victoria."

[smartcode_project:default project_id=141969 project_image_fid=222406]

Brown says Andrew Leoncelli's&nbsp;wealth of local relationships perfectly aligns with their consumer-centric approach to development and placemaking, while Leoncelli says he holds a true&nbsp;appreciation for Brown's approach to bespoke development.

"I’ve worked in the property sector for over 20 years and have an appreciation and understanding of all aspects of the process, from identifying a site to bringing a project to life."

Leoncelli says there&nbsp;is an ever-growing appetite from local wealthy downsizers, wanting bespoke high-end apartment living, and that's what Abadeen will bring to Melbourne.

"They have lived their entire adult life in the family home which they don’t need anymore. They want to upgrade their lifestyles whilst downsizing their maintenance and they want the very best of everything, all within walking distance of their favourite parks, restaurants, cafes and shops."

<h2>Hamton</h2>

Developer <a href="/developers/hamton">Hamton</a>&nbsp;is gearing up for a big 2025, launching its newest neighbourhood-style project and the next stage of its $2 billion Moonee Valley Park redevelopment.

Early next year Hamton will take to market Scotch Hill Gardens in <a href="/developments/hawthorn-vic-3122">Hawthorn</a>, six low-rise buildings with 365 residences&nbsp;on the former home of the University of Melbourne.

The project’s unique design features 5,500 sqm of publicly accessible green space and a new retail precinct.

<img alt="The top 12 new apartment developments launching in Melbourne in 2025" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-05%20at%2012.26.19%E2%80%AFPM.png?VersionId=H8GgTZQM4C5rsSPVg3X_FP1iu2UN_cd8" />

Hamton is also advancing Moonee Valley Park, their $2 billion redevelopment of the Moonee Valley Racing Club.&nbsp;

At some point in 2025 they will launch the next two stages that will bring around 440 more apartments to the growing community. The two current buildings within Moonee Valley Park, <a href="/buildings/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a> and <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, are well under construction and nearly sold out.

There will be over 2,000 dwellings in the masterplan when it's completed.

<h2>Milieu</h2>

Design-driven developer <a href="/developers/milieu-property">Milieu</a> is another big-name developer who will have a busy 2025.

They will complete <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a>, its first development in Melbourne's inner-south east after a string of successful projects in inner-north, while continuing to release apartments at its recently launched <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> project.

[smartcode_project:default project_id=136535 project_image_fid=288412]

In early 2025 they'll be launching their latest project,&nbsp;<a href="/new-apartments/saxon-street-by-milieu-10-dawson-street-brunswick">Saxon Street by Milieu</a>, 80 apartments in <a href="/new-apartments/brunswick-vic-3056">Brunswick</a>, on the site of The Brosnan Centre next door to Brunswick Baths.

Jackson Clements Burrows (JCB) has designed the gas-free building, with landscaping by Oculus and interiors by by Design Office.

The building will be predominantly two-bedrooms, with an almost equal split of one and three-bedroom apartments.

[smartcode_project:default project_id=136434 project_image_fid=306343]

Later in 2025 Milieu will launch <a href="/new-apartments/4-6-derby-street-collingwood-nsw-2850">Derby Street</a> in <a href="/developments/collingwood-nsw-2850">Collingwood</a>, just 18 large-scale apartments off Smith and Gertrude Street.

The brief for Studio Bright was to create a building to echo the site's once-industrial surroundings, so extensive brick and tile detailing was used in the design to integrate it with the street.

<h2>Beulah</h2>

<a href="/developers/beulah">Beulah</a> will be looking to push on with its significant pipeline it's built up recently.

As well as looking to start construction on its Southbank megatower&nbsp;<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, the developer also has two other inner-city projects they'll be looking to take to market.

In&nbsp;<a href="/developments/fitzroy-vic-3065">Fitzroy</a>&nbsp;Beulah has proposed a sustainabile development with 44 residences above two ground-floor retail spaces designed to integrate with the local Fitzroy character.

<img alt="Beulah unveils new sustainable Fitzroy development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-11-13%20at%203.05.31%E2%80%AFPM.png?VersionId=u36MiMLVt5FeJp2BAcDTOonoBxVbjesj" />

The fossil fuel-free development has been designed by&nbsp;<a href="/architects/breathe-architecture">Breathe Architecture</a>, Australia’s most awarded sustainable architecture practice. There will be a 'bike hub' and repair station, EV charging facilities, rooftop solar panels and rainwater harvesting.

Beulah also has a new project in&nbsp;<a href="/developments/prahran-vic-3181">Prahran</a>, near the famous Prahran Market.

Designed by Cera Stribley, the new development at&nbsp;182-194 Commercial Road will have 39 one, two and three-bedroom apartments across an eight-level building, also above retail, hospitality venues, and offices.

<img alt="Beulah lodge plans for mixed-use Prahran project" 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/beulah_prahran_opportunity.jpg?VersionId=.3MJV8Str4kXZrU6cCiUce_esiuqikqg" />

“Prahran is founded on a rich cultural tapestry, heavily influenced by the industrial and Victorian eras," Beulah Executive Director Adelene Teh says.

“We are excited at the prospect of unlocking the true potential of this inner-city pocket, while complementing the renowned Prahran Market via retail, dining and public amenity, coupled with an unprecedented residential offering.”

Beulah also has a <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick townhouse development</a> which was recently launched.

<h2>Mirvac</h2>

National developer&nbsp;<a href="/developers/mirvac">Mirvac</a> is always busy.

While also building <a href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle</a> at <a href="/developments/docklands-vic-3008">Docklands</a>, The Albertine just off St Kilda Road, and Prince &amp; Parade in Brunswick, Mirvac will want to launch <a href="/new-townhouses/mekko-apartments-altona-north-198b-blackshaws-road-altona-north">MEKKO Apartments</a>, the latest stage in Mirvac's award-winning <a href="/developments/altona-north-vic-3025">Altona North</a> masterplan, The Fabric.

[smartcode_project:default project_id=99938 project_image_fid=228310]

The fully electric building will feature PV solar panels and aim for a 7-star&nbsp;<a href="/guides/what-is-a-nathers-rating-in-new-off-the-plan-apartment-developments" target="">NatHERS</a>&nbsp;energy efficiency rating.

Upon completion, The Fabric will house around 1,500 residents in over 500 townhomes and apartments.&nbsp;

The central focus of the 11.4-hectare community is the 4,000 sqm Patchwork Park, surrounded by well-designed private front and rear gardens by&nbsp;<a href="/architects/eckersley-garden-architecture" target="">Eckersley Garden Architecture</a>.&nbsp;

<h2>Time &amp; Place</h2>

Another national developer,&nbsp;<a href="/developers/time-place">Time &amp; Place</a>, has several projects expected to go live across both Sydney and Melbourne in 2025.

Locally, the developer recently secured approval for its joint venture project in <a href="/developments/glen-iris-vic-3146">Glen Iris</a>&nbsp;with Woolworths, 60 apartments above a full-line Woolworths on Burke Road.

The apartments are targeted at downsizers and multi-generational families.

<img alt="The top 12 new apartment developments launching in Melbourne in 2025" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-10-25%20at%204.22.55%E2%80%AFPM.png?VersionId=g6dEr7RH5iiSXAiBdostA8ZkM5Na.ISi" />

Time &amp; Place is also revitalising the iconic Northcote Plaza in the inner northern suburbs.&nbsp;

The ambitious project will introduce three residential towers, combining build-to-rent and build-to-sell apartments, a low-rise office building, and a podium with extensive amenities such as a pool, gym, private dining areas, and coworking spaces.&nbsp;

Inspired by the site’s industrial heritage, the design integrates brick treatments and modern materials while enhancing public connectivity with landscaped pathways and links to All Nations Park.

<h2>Piccolo</h2>

Boutique developer <a href="/developers/piccolo">Piccolo</a> will complete its Fitzroy apartment development,&nbsp;<a href="/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House Gore Street</a>, in June next year, and will launch the next installment of its Piccolo House brand in 2025.

Their new $50 million development, <a href="/new-apartments/piccolo-house-barry-st-kew-barry-street-kew-18-barry-street-kew">A Piccolo House Barry Street</a> in <a href="/developments/kew-vic-3101">Kew</a>, will have 60 apartments across five three-level buildings, each with expansive private outdoor spaces.

[smartcode_project:default project_id=141498 project_image_fid=290942]

Designed with input from Woods Bagot and <a href="/interior-designers/hecker-guthrie">Hecker Guthrie</a>, the project incorporates materials inspired by the area's Victorian architecture, offering a refined yet gritty urban aesthetic. Features include high-end kitchens, spacious living areas, and a lifestyle concierge service.

Read more:&nbsp;<a href="/news/vic/first-look-exclusive-piccolo-plot-new-kew-apartment-development">First look exclusive: Piccolo plot new Kew apartment development</a>

<h2>Fortis</h2>

Another national developer,&nbsp;<a href="/developers/fortis">Fortis</a>, has several projects across Melbourne, Sydney and Brisbane for 2025.

In Melbourne, they'll be further&nbsp; their foothold in the Richmond market, having acquired a site at 550 Swann Street. They're currently selling Carmine House, part of their mixed-use Richmond Square development.

[smartcode_project:default project_id=13181 project_image_fid=256229]

They also have a prime site on <a href="/new-apartments/63-73-fitzroy-street-st-kilda">Fitzroy Street</a> in <a href="/new-apartments/63-73-fitzroy-street-st-kilda">St Kilda</a> they'll be looking to take to market later in 2025.

The 2,661 sqm amalgamated site is envisioned as a precinct-defining opportunity designed by Woods Bagot.&nbsp;

<img alt="First look exclusive: Fortis lodge St Kilda precinct plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-01-17%20at%2011.40.48%20am.png?VersionId=YPH4hinQKw5wc22zsidAt.MZbmAJBULW" />

The development will feature 39 apartments, complemented by 950 sqm of curated retail spaces aimed at reinvigorating the once-thriving Fitzroy Street precinct.&nbsp;

Woods Bagot has drawn inspiration from St Kilda’s Victorian-era grandeur, incorporating elegant architectural details and landscaping by Florian Wild to restore charm and vitality to the area.

In this article, we've wrapped up the top new apartment developers to look out for across the city in 2025.

Building tomorrow: Melbourne's leading new apartment developers to watch out for in 2025

Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.

The two camps, downsizers in particular, are the least impacted by the continued high interest rates compared to a first home buyer or investor, positioning them as a key target for developers. Most of the new apartment developments that have come to the market in 2024 have been large apartments that suit the size and budgets of a downsizer.

Many downsizers have built significant equity in their family homes over the years and are now looking to move into more manageable living spaces, while also securing funds for retirement.

But where are downsizers and rightsizers looking to buy?&nbsp;

In this article, we've looked at the most popular suburbs in Sydney for both buyer demographics, highlighting some of the most popular developments in those areas.

<h2>Crows Nest</h2>

<a href="/developments/crows-nest-nsw-2065">Crows Nest</a> has attracted a wide range of apartment buyers over the past three months, especially following the launch of two of Sydney's most in-demand developments near, and above, the newly opened Metro station.

Apartments in <a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>, the apartment development by&nbsp;<a href="/developers/thirdi-group">Third.i</a>&nbsp;and joint venture partner Phoenix Property Investors above the Crows Nest Metro Station, have been snapped up since they hit the market.

[smartcode_project:default project_id=142550 project_image_fid=309371]

Designed by <a href="/architects/woods-bagot">Woods Bagot</a>, Elevate will comprise 130 one, two and three and four-bedroom apartments, the larger apartments proving popular with the next home buyer demographic given the connectivity to the city and the growing lifestyle on offer locally.

<a href="/developers/twt-property-group">TWT Property Group</a>&nbsp;also has recently revealed&nbsp;<a href="/new-apartments/the-collective-crows-nest-23-35-atchison-st-crows-nest">The Collective</a>&nbsp;nearby, on the fringe of Crows Nest village and a short walk from the metro.

[smartcode_project:default project_id=94318 project_image_fid=293324]

Locals have driven the sales in the first building of what will be a multi-stage precinct with extensive retail and hospitality spaces.

<h2>Newcastle West</h2>

<a href="/developments/newcastle-west-nsw-2302">Newcastle West</a> has grown in stature over the last few years, particularly with those who live in the wider Newcastle region who want to downsize to a brand new apartment closer to the city.

The most recent demand from downsizers and rightsizers has been toward the recently launched&nbsp;<a href="/new-apartments/era-newcastle-124-126-bull-street-newcastle-west-nsw-2302">ERA by GWH</a>, designed by FK Australia for the owner-occupier.

[smartcode_project:default project_id=135096 project_image_fid=309968]

The apartments, wrapped in glass to bring in as much natural light as possible, include premium fixtures and finishes, kitchen islands to offer another entertaining option in the kitchen, and large balconies.

There will be over 2,000 sqm of communal space across the two buildings, connected by a&nbsp;podium will feature a large outdoor pool, gym, fitness studio, and sauna, as well as several barbecue and dining areas.

[smartcode_project:default project_id=135096 project_image_fid=309976]

Each building will have a rooftop garden with panoramic views.

<h2>Castle Hill</h2>

After decades of limited supply for downsizers apartment from smaller family homes, Castle Hill is starting to see a new tranche of apartments that are being snapped up by downsizers.

&nbsp;

Developer <a href="/developers/cpdm">CPDM</a>&nbsp;has targeted the rightsizer, downsizer demographic at <a href="/new-townhouses/larool-crescent-castle-hill-2-22-larool-crescent-castle-hill-nsw-2154">Larool Crescent</a>, one of the only new developments to launch in Castle Hill in 2024.

[smartcode_project:default project_id=135330 project_image_fid=289121]

They have large apartments, skyhomes with rooftop terraces, and low-maintenace townhouses with internal lifts, that cater for the two buyer types.

The five low-rise buildings, a rarity in Castle Hill, have been designed around a central courtyard, bringing nature through landscaping into the apartments.

[smartcode_project:default project_id=135330 project_image_fid=308975]

Larool Crescent is also the only off the plan apartment development to have Latent Defects Insurance, the sought-after insurance policy that protects buyers against any structural defects for 10 years post completion of the building.

&nbsp;

<h2>Norwest</h2>

<a href="/developments/norwest-nsw-2153">Norwest</a> was only established as a suburb in 2018 of the Hills District. It's another that's been popular with those who have lived in the Hills and don't want to leave the region to downsize.

<a href="/developers/sekisui-house-australia">Sekisui House&nbsp;Australia</a>&nbsp;have been one of the most prominent developers in Norwest since securing an 8.1-hectare site back in 2016 when the land was classed as being in Baulkham Hills.

Since then they've been developing their large masterplan, The Orchards, near Norwest Metro Station.

[smartcode_project:default project_id=145924 project_image_fid=287366]

Downsizers have been the most prominent buyer type at the latest stages, Veue.

Veue, the fourth stage of The Orchards, offers 577 apartments,&nbsp;nearly half of the total apartments that will make up the masterplan.

<a href="/new-apartments/the-orchards-veue-parkside-norwest-15-19-spurway-drive-norwest-nsw-2153">Veue Parkside</a>, the most recent release, will comprise 156 apartments across two buildings.

[smartcode_project:default project_id=145924 project_image_fid=287364]

Sekisui will be continuing to cater for downsizers in its penultimate stage, 209 apartments across two 12 and nine-level buildings designed by Rothelowman. A third building will home communal amenity.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-sekisui-reveal-final-stage-of-1-billion-norwest-masterplan-the-orchards">First look exclusive: Sekisui reveal final stage of $1 billion Norwest masterplan, The Orchards</a>

<h2>Box Hill</h2>

Box Hill is another suburb which in recent years hasn't really had enough options for downsizers.

That's why local developer&nbsp;Kellarney Developments focused its new apartment development,&nbsp;<a href="/new-apartments/killarney-ponds-box-hill-4-alan-street-box-hill-nsw-2765">Killarney Ponds</a>, around the rightsizer and downsizer.

Located just outside the emerging Box Hill Town Centre, Killarney Ponds will have 93 two and three-bedroom apartments that will complete in early 2025.

[smartcode_project:default project_id=22636 project_image_fid=297513]

The three-bedroom apartments offer 115 sqm of internal living space and a priced under $1 million.

Comparable Box Hill apartment developments also don't offer the same level of amenity as Killarney Ponds, which will offer a multi-purpose room, a fully-equipped gym, a&nbsp;work-from-home centre with integrated desks and meeting rooms, as well as several outdoor spaces with alfresco and picnic areas.

In this article, we've looked at the most popular suburbs in Sydney for both buyer demographics, highlighting some of the most popular developments in those areas

The most popular Sydney suburbs for downsizers and rightsizers in 2024

Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.

The two camps, downsizers in particular, are the least impacted by the continued high interest rates compared to a first home buyer or investor, positioning them as a key target for developers. Most of the new apartment developments that have come to the market in 2024 have been large apartments that suit the size and budgets of a downsizer.

Many downsizers have built significant equity in their family homes over the years and are now looking to move into more manageable living spaces, while also securing funds for retirement.

But where are downsizers and rightsizers looking to buy?&nbsp;

In this article, we've looked at the most popular suburbs in Brisbane&nbsp;for both buyer demographics, highlighting some of the most popular developments in those areas.

<h2>Stones Corner</h2>

<a href="/developments/stones-corner-qld-4120">Stones Corner</a>&nbsp;was only officially recognised as a suburb in 2017, having previously just been classed as a precinct in Greenslopes.

Since then the suburb has become popular among downsizers and rightsizers, with close proximity to the Brisbane CBD but a suburban feel to the suburb. The fully rejuvenated Hanlon Park, voted one of the best parks in Australia, has also been a major drawcard, as has the broader infrastructure boom geared around the neighbouring Woolloongabba due to the 2032 Brisbane Olympics.

Taking advantage of the Stones Corner boom is longtime Brisbane developer <a href="/developers/gardner-vaughan-group">Gardner Vaughan Group</a>, who are developing <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a>, a nine-level, owner-occupier focused tower on the fringe of Hanlon Park.

[smartcode_project:default project_id=114094 project_image_fid=223427]

The builder-developer, who is focusing on two, three and four-bedroom apartments in the building, is on track for an early 2025 completion of the development which will give its residents direct access to Hanlon Park, lined with walking and riding tracks and a natural waterway.

Stonebrook will be a short four-minute walk from Stones Corner Village which is set to be transformed by Stockwell into a thriving mixed-use village with a new retail and dining precinct.

[smartcode_project:default project_id=114094 project_image_fid=249477]

Demand in Stones Corner is expected to continue through 2025 with the likes&nbsp;<a href="/developers/huon-property-group">Huon Property Group</a> wanting to launch their 114-apartment, Cleveland Street development, while up the road Peter Gartshore's Idec Group also have approved plans for a two-tower development with 226 apartments.

<h2>Arana Hills</h2>

Outside of the city in Moreton Bay,&nbsp;<a href="/developments/arana-hills-qld-4054">Arana Hills</a> has proven popular among families, generally the rightsizer demographic, due to its family-friendly community, schooling, abundant parklands, relative affordability, and just 20 minutes from the Brisbane CBD.

Developer&nbsp;<a href="/developers/jam-group">JAM Group</a>&nbsp;saw a gap in the market, a market which rarely sees new development, particularly in the townhouse community space.

The vertically-integrated builder-developer is crafting <a href="/new-apartments/nuovo-arana-hills-23-leslie-street-arana-hills">Nuovo</a>, 80 freehold townhouses on Leslie Street, near&nbsp;conservation parks and the Arana Hills Plaza.

[smartcode_project:default project_id=141590 project_image_fid=226629]

Nuovo, meaning "new" and "fresh" in Italian, has been designed by&nbsp;<a href="/architects/ceccato-associates">Ceccato + Architects</a>&nbsp;to offer the privacy and individuality of a freestanding home, but without the upkeep.

Each townhouse is a separate dwelling with a freehold title, meaning no shared walls.

[smartcode_project:default project_id=141590 project_image_fid=226631]

Construction of Nuovo is underway, with completion of the second and final stage slated for late 2026.

<h2>Rochedale</h2>

Known for its expansive green spaces and luxury houses, <a href="/developments/rochedale-qld-4123">Rochedale</a>&nbsp;has become a highly sought-after suburb for those looking to downsize.

Where previously opportunities to downsize locally were scant, townhouse developers have descended on the area south of Brisbane to offer a realistic option for those wanting to stay in the area but not in a large family home.

Its excellent connectivity to key employment hubs and the Brisbane CBD, along with the ongoing development of premium amenities, positions it as a top choice for individuals and families seeking a semi-rural feel with all the benefits of modern suburban living.

Rightsizers and downsizers have jumped at what national developer <a href="/developers/metro-property-group">Metro Property</a> is putting together in the heart of Rochedale.

Their new development, Citrine, is already 60 per cent sold ahead of its construction completion in mid-2025.

[smartcode_project:default project_id=136295 project_image_fid=273135]

<a href="/new-apartments/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>&nbsp;will comprise 90 three and four-bedroom townhomes, each either two or three levels, set in a community anchored by a central community area with a&nbsp;resort-style pool and barbecue and dining facilities.

Future upgrades to Rochedale Town Centre promise an even greater array of amenities for residents of Citrine, including a new supermarket, additional retail and dining options, and improved pedestrian access.&nbsp;

[smartcode_project:default project_id=136295 project_image_fid=273134]

More development to uplift Rochedale even further is on its way. Developer <a href="/developers/kinstone-group">Kinstone Group</a> has plans for a $380 million mixed-use, masterplanned community with new housing, expansive green spaces, retail, and a boutique hotel and tavern.&nbsp;

<img alt="Kinstone plot $380 million Rochedale precinct, Rochedale Terrace" 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/Rochedale%20Terrace%20-%20R03%20-%20V02.jpg?VersionId=pL6nB0WXHxCrFKMjuVMmwKnPihnKzrqo" />

It has been envisioned as a ‘new community heart’ for the suburb, linking a large new parkland with existing green space to create a walkable corridor that integrates recreation, retail, and residential—where retiree-downsizers can enjoy an active lifestyle with easy access to amenities and social opportunities.

<h2>Chermside</h2>

Gardner Vaughan Group again were one of the first developers to take a really good look at&nbsp;<a href="/developments/chermside-qld-4032">Chermside</a>, which has earned a&nbsp;reputation as Brisbane’s “mini CBD,” offering unmatched convenience and connectivity.

Home to Westfield Chermside, one of Australia’s largest shopping centres, extensive parklands, and with excellent transport links and proximity to employment and education hubs, Chermside is one of the most popular suburbs for downsizers and rightsizers.

Supply for this market had been limited, before Gardner Vaughan Group revealed <a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>, its three-stage development across the road from 7th Brigade Park, pitched as the very lark parkside location in Chermside.

[smartcode_project:default project_id=100682 project_image_fid=186912]

Two of the three towers, Lujosa and Belleza, are both sold out, and the final stage Esencia, has just a handful of apartments remaining, ahead of its completion in early 2025.

Over 95 per cent of enquiry on Apartments.com.au for Estilo on the Park has come from owner-occupiers since the project launched in 2024. More recently, as the two-bedrooms were snapped up, the next home buyers has emerged as the most dominant buyer demographic for the three and four-bedroom apartments that range from 182 sqm to 280 sqm, some of the largest apartments ever produced in the suburb.

[smartcode_project:default project_id=100682 project_image_fid=186903]

Estilo Residents will also have access to a rooftop terrace with indoor and outdoor dining, in addition to several relaxation zones, a central outdoor pool, and landscaped gardens.

<h2>Milton</h2>

<a href="/developments/milton-qld-4064">Milton</a> has transformed in recent years into a lively and dynamic suburb, appealing to foodies, outdoor enthusiasts, and city commuters with a new tranche of&nbsp;eateries and, breweries emerging in recent years.

Excellent transport links and pedestrian-friendly streets make Milton an easy and convenient place to call home, ensuring its appeal for those looking to downsize without leaving the energy of the city behind.

<a href="/developers/kokoda-property">Kokoda</a>&nbsp;Property Group has been one of the most active developers in Milton in recent years. Their <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> development is one of just a handful of true tower developments to have launched in the last 18 months, and with that came unprecedented demand.

[smartcode_project:default project_id=139032 project_image_fid=232275]

Over 80 per cent of the apartments within the Crombie Street tower have sold, prompting Kokoda to add a further four levels to the building, resulting in 34 more apartments.

Amenities on offer include a rooftop infinity pool, thoughtfully landscaped BBQ areas and deck, floating daybeds, cabanas, a fire pit, private dining and bar space, a private cinema lounge, billiards room, versatile meeting rooms and a dog wash facility.

[smartcode_project:default project_id=139032 project_image_fid=231171]

Prior to Ruby Ruby, Kokoda completed <a href="/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose</a>, which has just one penthouse left since its recent completion. The Ambrose has 174 apartments above two retail spaces.

Kokoda Property Group Founder and Managing Director Mark Stevens said demand far outweighs supply for new apartments within Milton and its surrounds.

In this article, we've looked at the most popular suburbs in Brisbane for both buyer demographics, highlighting some of the most popular developments in those areas.



The most popular Brisbane suburbs for downsizers and rightsizers in 2025

One of the most attractive aspects of buying off the plan property is the ability to customize. Walls can be moved (within reason), storage and joinery can become customisable, while outdoor kitchens, appliance additions/upgrades, and fireplaces are just a few of the more common upgrades that buyers can choose to incorporate.

Local Melbourne developer <a href="/developers/sma-projects">SMA Projects</a> takes customization seriously and understands its importance, particularly where other developers may not.

They’ve been working with a buyer—incidentally, an architect—who was immediately attracted to SMA’s newest inner-city apartment development, The Regent in <a href="/developments/fitzroy-vic-3065">Fitzroy</a>, after seeing the interior images on the hoarding at the Fitzroy Street site.

[smartcode_project:default project_id=24824 project_image_fid=304614]

The prospective buyer loved the interiors by <a href="/architects/studio-tate">Studio Tate</a>, but given her and her husband's preferences, they weren’t interested in either the two-bedroom or one-bedroom apartments on offer. They wanted a blend of both—and no, not a three-bedroom apartment.

They’re currently working with Studio Tate to create an oversized one-bedroom apartment, taking the floorplan and size of a two-bedroom apartment and combining it with a one-bedroom design that includes a large master bedroom and an expanded kitchen, living, and dining area, as they love to entertain.

[smartcode_project:default project_id=24824 project_image_fid=304611]

Downsizing from a family home in the area, the prospective buyer had visited several of the new developments in Fitzroy over the last year since deciding to downsize. However, for what she envisioned, she felt like she’d fallen into the “too hard” bucket when it came to customization with other developers.

The philosophy at SMA has always been: “If you haven’t found it, let’s create it for you.”

SMA Projects Sales Executive Emily Shaddick says it’s important in the development industry to encourage creativity and, more importantly, to respond to what people want for their future homes.

“SMA has always put together floorplans that cater to a wide variety of purchasers, but they also understand some buyers have bespoke tastes. They work closely with those buyers to come up with a solution that makes them feel comfortable purchasing,” Shaddick says.

[smartcode_project:default project_id=24824 project_image_fid=304606]

In a unique approach to development, because the prospective buyer is opting for one bathroom instead of the two that were part of the original configuration, the developer has given the buyer a credit for the bathroom—a part of the build they no longer need to fit out.

“I don’t know any developer who does that,” Shaddick says, adding that the buyer can now use that credit to change or upgrade various other parts of the apartment, whether it’s appliances or specific finishes like flooring or kitchen benchtops.

Having completed a string of inner-city apartment developments over the last two decades, SMA recently launched The Regent, named after the site’s origins as the Regent Theatre back in the 1980s.

[smartcode_project:default project_id=24824 project_image_fid=304762]

<a href="/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent</a>, designed by award-winning architecture firm Hayball, will comprise just 64 one, two, and three-bedroom apartments aimed solely at the owner-occupier.

To give buyers further customization, there are two different colour palettes on offer as standard: the light and airy Classic Collection, influenced by Nordic minimalism, and the Fitzroy-esque, more dramatic Arthouse Collection.

The Regent sits in an ideal pocket just off Johnston Street, giving future residents direct access to Fitzroy’s thriving hospitality scene as well as Melbourne’s extensive tram network.

Future residents will also have access to several amenities within the building, including a rooftop with extensive views of Melbourne and a bookable guest suite, an uncommon feature of a building which ultimately encouraged the recent prospective buyer to remove one of their bedrooms, as any of their guests who want to come and stay with them, can utilize the extra hotel suite-style room.

[smartcode_project_cta:default project_id=24824]

Local Melbourne developer SMA Projects takes customization seriously and understands its importance, particularly where other developers may not

Why the ability to customise is a crucial offering in the off the plan apartment market

In this article, we explore where, what, and who is driving the most exciting new developments coming to Sydney in 2025.

Sydney's top new apartment developments launching in 2025

Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.

The two camps, downsizers in particular, are the least impacted by the continued high interest rates compared to a first home buyer or investor, positioning them as a key target for developers. Most of the new apartment developments that have come to the market in 2024 have been large apartments that suit the size and budgets of a downsizer.

Many downsizers have built significant equity in their family homes over the years and are now looking to move into more manageable living spaces, while also securing funds for retirement.

But where are downsizers and rightsizers looking to buy?&nbsp;

In this article, we've looked at the most popular suburbs in the <a href="/developments/gold-coast-qld">Gold Coast</a> for both buyer demographics, highlighting some of the most popular developments in those areas.

<h2>Broadbeach</h2>

<a href="/developments/broadbeach-qld-4218">Broadbeach</a> continues to be one of the most popular suburbs on the Gold Coast for every buyer demographic.

Broadbeach offers high-density projects, which lend themselves to the first home buyer and investors as well as the downsizer who wants a sky-high apartment with significant amenity options within the building, as well as full-floor luxury, which tends to be the most popular downsizer option.

It's a walk to the beach, its has its own bowls club, several parks, and primary school, as well as Pacific Fair, the second largest shopping centre in Queensland, and the revamped Star Casino precinct.

It's been the largest towers that have been targeted by next home buyers.

Crest Broadbeach, by <a href="/developers/morris-property-group">Morris Property Group</a>, and <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>&nbsp;by <a href="/developers/iris-capital">Iris Capital</a>, the landmark two-tower development on the former Niecon Plaza site.

The Albert Tower in V&amp;A has been more designed for downsizers, with larger apartments starting from $1.8 million.

[smartcode_project:default project_id=107928 project_image_fid=234103]

Victoria &amp; Albert will comprise around 400 apartments, as well as a&nbsp;subtropical recreational podium with a lap pool, gym, and extensive landscaped areas.

The apartments will sit above a $200 million retail precinct which will have hand-picked retailers and hospitality venues.

[smartcode_project:default project_id=107928 project_image_fid=234095]

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest</a> has also proven popular with the next home buyer demographic.

So far only the first tower has been released to the market, 184 two and three-bedroom apartments. The second tower, with slightly few apartments, will be released in the new year.

[smartcode_project:default project_id=112024 project_image_fid=241133]

Crest will sit on&nbsp;Armrick Avenue, one of three streets that face the 4.2-hectare Broadbeach Park, a sought-after spot given it means protected south and eastern views toward the beach and the ocean.

On top of the view lines, Broadbeach Park is a drawcard by itself. Broadbeach Park is home to Broadbeach Bowls Club, which has stood as the focal point of Broadbeach since the mid-1950s, as well as Nikiforides Family Park, Broadbeach Croquet Club, and the Broadbeach Life Saving Club.

[smartcode_project:default project_id=112024 project_image_fid=241132]

Morris is underway in construction of both the Crest towers, which will be completed in mid-2027.

<h2>Chevron Island</h2>

For the last three years, there's been a wide variety of options for local downsizers and rightsizers on&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

The island has been popular with those from New South Wales and Victoria who are looking to move to the Gold Coast.

Much like Broadbeach, Chevron Island residents get close proximity to Surfers, but its own different lifestyle, like the retail strip of Thomas Street and the thriving Home of The Arts precinct.

<a href="/developers/siera">SIERA</a>&nbsp;chose Chevron Island for its debut Gold Coast apartment development, <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>, currently under construction through SIERA's inhouse construction arm.

<a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>, designed by <a href="/architects/bda-architecture">BDA</a>, will have 113 apartments across a 22-level building which is to be crowned by an amenity-fuelled rooftop with&nbsp;an infinity pool, private dining areas, and a gym.

[smartcode_project:default project_id=108641 project_image_fid=192961]

<a href="/developers/aniko-group">Aniko Group</a> also recently started construction of its first Chevron Island apartment development <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>, which is comfortably over 80 per cent sold of the 102 apartments.

Also under construction through its own in-house building arm, Orama will rise 21 levels and will also feature significant rooftop amenity.

[smartcode_project:default project_id=111898 project_image_fid=209597]

Aniko Group Managing Director, George Mastrocostas, said the sales success of Orama reaffirms that downsizers are the primary market driving the Gold Coast’s appetite for premium living experiences.

Peter Malady, sales and marketing director of Aniko Group, said their strategic pricing and emphasis on luxury amenities have resonated particularly well with local downsizers, who don’t just seek a residence, but a lifestyle tailored to their needs and desires.

[smartcode_project:default project_id=143018 project_image_fid=289068]

<a href="/developers/sherpa-property-group">Sherpa Property Group</a>&nbsp;is also tapping into the downsizer with one of its&nbsp;newest developments,&nbsp;<a href="/new-apartments/perspective-helm">Perspective Helm</a>.

Eight of the 10 residences have sold, with prices starting from $3.7 million. Each apartment has three to four bedrooms, a multi-purpose room, and garaging for three to four cars.

The rising price per square metre in Chevron Island—averaging $11,000 for two-bedroom apartments in 2024—reflects the suburb's growing demand.

<h2>Palm Beach</h2>

Palm Beach has been in a boom for years, with demand mainly coming from downsizers and rightsizers. This is due to the area's significant price growth and the types of apartments being developed.

Palmie dethorned Palm Beach as the Gold Coast's most popular suburb in November, with <a href="/news/qld/enquiry-for-new-apartments-in-palm-beach-hits-18-month-high">enquiry reaching an 18-month high</a>.

Hitting different demographics, with different budgets, is Sherpa. Their&nbsp;<a href="/new-apartments/perspective-nexus">Perspective Nexus</a>&nbsp;projects, its 12th development on the Gold Coast, comprises 35 two, three and four-bedroom apartments.

“We created <a href="/new-apartments/perspective-nexus">Perspective Nexus</a> to deliver luxury, and comfort residences and revolutionise beach living for local downsizers," Sherpa General Manager, Daniel Clarke, said.

“Our goal with Perspective Nexus is to transform beachfront living with state-of-the-art amenities and innovative design."

[smartcode_project:default project_id=108324 project_image_fid=250147]

Sherpa is catering for downsizers and rightsizers, in a different way, at its recently launched <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>.

Flourish on Sixth is the first in Sherpa's new Flourish brand which is trying to cater for a wider buyer pool than just luxury apartments on or near the beach.

Over 60 per cent of the one, two and three-bedroom apartments have been snapped up. The one-bedroom apartments were being offered for under $600,000, and a large number of the two's under $1 million.

[smartcode_project:default project_id=146527 project_image_fid=311566]

The rooftop will have a lap pool, plunge pools, a gym, sauna, and a private kitchen and dining space.

LDS is set to build Flourish on Sixth, and will start construction in March.

[smartcode_project:default project_id=146527 project_image_fid=306037]

<a href="/developers/marquee">Marquee Development Partners</a> is also seeing success at La Belle Palm Beach, one project targeting that affluent downsizer.

“Palm Beach has emerged as one of the Gold Coast’s most sought-after markets and <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle</a> is a world-class project that we have designed to meet sustained demand for premium residences on the southern Gold Coast,” Marquee Development Partners Director, Jacques Winterburn, said.

La Belle comprises 75 residences, including five two-level beach houses with nearly 400 sqm of living space.

Just two weeks after its official public launch earlier this year, over $100 million worth of sales were snapped up, with sales prices ranging from $2.5 million to $7 million.

<a href="/developments/palm-beach-qld-4221">Palm Beach</a> is expected to see demand continue into 2025 with several new projects earmarked to launch early in the year.

<h2>Biggera Waters</h2>

<a href="/developments/biggera-waters-qld-4216">Biggera Waters</a>&nbsp;wasn't on the radar for Gold Coast off the plan apartments until Lewis Land put it on the map with its suburb-shaping new development,&nbsp;<a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>.

Harbour Shores, to be one of the most sustainable masterplans on the Gold Coast having received a 6 Star Green Star Communities rating from the&nbsp;<a href="/news/a-greener-future-green-building-council-australia-discuss-climate-change">Green Building Council</a>&nbsp;of Australia, has proven popular with the downsizer/rightsizer given the size of the apartments and houses. Its location near Harbour Town and the Broadwater Parklands have been two major drawcards.

[smartcode_project:default project_id=113271 project_image_fid=290022]

<a href="/developers/lewis-land-group">Lewis Land</a>&nbsp;Chief Executive Officer Brett Draffen said the vacant 16-hectare site, which has been held by the group for more than 40 years, would be transformed into a vibrant ‘village of villages’ that will ultimately be home to more than 4,000 people.&nbsp;

“<a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>&nbsp;represents the largest and most dynamic community development in&nbsp;<a href="/developers/lewis-land-group" target="">Lewis Land</a>’s 65-year history, delivering architectural homes and apartments immersed in nature and world-class amenities,” Draffen said.&nbsp;

“From the outset, we assembled a first-class team of architects, landscape designers, planners and placemaking experts and set an ambitious sustainability goal for&nbsp;<a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>&nbsp;to become the group’s first completely fossil-fuel-free development."

[smartcode_project:default project_id=113271 project_image_fid=290041]

Respected local builder&nbsp;<a href="/builders/greyburn">Greyburn</a>&nbsp;has been appointed to deliver the first collection of buildings which will be complted in mid-2026.

<h2>Burleigh Heads</h2>

<a href="/developments/burleigh-heads-qld-4220">Burleigh Heads</a> remains a hotspot for affluent downsizers, as the suburb continues to look more like Bondi than a quiet coastal Gold Coast suburb.

Several major hospitality venues have opened up, none more popular than Rick Shores, while The Mondrian, the Gold Coast's first Mondrian Hotel and branded residences, is soon to open to much fan-fare.

With beachfront developments offering large, luxurious apartments starting upward of $5 million, Burleigh Heads caters to a more mature demographic.&nbsp;

<a href="/buildings/burleigh-beach-houses-2-banksia-broadway-burleigh-heads">Burleigh Beach Houses</a>, the recently completed townhouses by&nbsp;<a href="/developers/21-property-group">21 Property Group</a>, have been most popular with downsizers and rightsizers.

The townhouses have four bedrooms, private lifts, outdoor entertaining areas, and plunge pools, near the beach and Burleigh's vibrant dining and shopping precinct.

The most popular suburbs on the Gold Coast for downsizers and rightsizers in 2025

Frames are up of the first batch of townhouses at Citrine, the latest townhouse community by <a href="/developers/metro-property-group">Metro Property</a>.

<a href="/new-apartments/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>, in <a href="/developments/rochedale-qld-4123">Rochedale</a>, around 17 kilometres&nbsp;south of Brisbane, will comprise 90 three and four-bedroom townhouses when completed in second half of 2025 through builder <a href="/builders/creation-projects">Creation Projects</a>.

[smartcode_project:default project_id=136295 project_image_fid=273145]

Over 60 per cent of the townhouses have already been snapped up. Construction of the townhouses in stage two has now commenced, with all slabs poured and framing underway.

The pool shell, located in the Citrine Resident’s facility, has now been completed and construction of the balance of the resident’s facilities will commence over the coming weeks.

[smartcode_project:default project_id=136295 project_image_fid=273134]

&nbsp;

The townhouses at&nbsp;<a href="/new-apartments/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine</a>&nbsp;will feature two to three-level designs and provide a significant contrast to the predominantly single-family homes in the area.

Citrine is within walking distance of local schools, parks, and Rochedale Village. Rochedale Village features a large Coles supermarket, various dining options, pharmacies, medical services, and fitness facilities.

Read more:&nbsp;<a href="/news/qld/why-families-are-descending-on-citrine-townhomes-in-rochedale">Why families are descending on Citrine Townhomes in Rochedale</a>

[smartcode_project:default project_id=136295]

Rochedale's Citrine Townhomes hits 60 per cent sold as construction advances on first stage

Tech billionaire Robin Khuda’s <a href="/developers/ondas">Ondas</a> has received final approval for its long-awaited development in Sydney's millionaire's playground.

It's taken over three years for the six luxury apartments by <a href="/architects/rob-mills-architecture-interiors">Rob Mills Architecture</a> to be approved, on the Barrenjoey Road site of the former Palm Beach Fish &amp; Chips Shop.

The apartments will sit above three ground-floor retail spaces, next door to Barrenjoey House.

The approval follows years of revisions and challenges, including community opposition over concerns about height, bulk, and potential impacts on the area’s character.&nbsp;

Initial plans submitted in 2021 faced multiple setbacks, including rejection by the Northern Beaches Local Planning Panel and requests for significant design modifications to address community and planning concerns.&nbsp;

Despite these obstacles, the amended proposal has now been deemed a valuable addition to the Palm Beach locality.

Acting Commissioner Thorpe praised the project’s design, stating that it would “provide much-needed amenity, commercial business, and housing” while being “respectful of the adjacent heritage item.”&nbsp;

The site neighbours the historic Barrenjoey House, and its redevelopment is anticipated to enhance the area’s seaside atmosphere while maintaining its distinctive charm.

This project aligns with Khuda’s broader real estate ambitions under the Ondas banner, which focuses on high-end residential developments targeting affluent downsizers.&nbsp;

Ondas has recently completed six apartments in Manly, and they have a <a href="/news/vic/robin-khudas-ondas-gets-greenlight-for-22-million-st-kilda-apartment-development">project in St Kilda in Melbourne</a> which is expected to launch in 2025.

Billionaire Robin Khuda's Ondas secures Palm Beach apartments development approved

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

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Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

Joel Robinson

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