Stockland has announced plans to increase its construction of residential apartment and townhouse developments over the next five years.

Stockland chief executive Tarun Gupta advised the Stockland initiative will seek to capitalise on the 50 per cent price gap between detached and attached dwellings as immigration levels head back to pre-Covid levels.

It anticipates lifting its company capital allocation to residential from its current 15 percent of portfolio to between 20 percent to 35 percent.

The increased momentum in residential will be led by Ben Christie, who was headhunted from Lendlease, where he was head of residential. 

Christie starts as executive general manager of apartments next week.

The country’s largest listed residential developer anticipates net overseas migration would drive population would return to pre-Covid levels of 200,000 post 2023.

"Major cities will continue to attract the majority of property growth," Gupta advised.

It has 75,000 lot land bank, which is split 37 percent in NSW, 31 percent in Queensland, 21 percent in Victoria and 11 percent in WA.

Stockland has a $21 billion master planned communities pipeline. Stockland anticipates 6400 residential settlements in fiscal 2022.

The company will invest a bigger financial commitment to affordable housing options, including build to rent and land leasing.

It anticipates apartment partnerships to "scale origination."

The new strategy will see the weighting of residential, workplace and logistics increase from 50 per cent to 70 per cent with the weighting to retail and retirement living cut from 50 per cent to 30 per cent.

He announced the ASX listed company will be selling $1 billion to $2 billion in shopping centre and retirement assets.



The residential developer will increase its investment in apartments

jchancellor-FAypfDUnLy

The nation's biggest developer Stockland to boost apartment construction

A beachfront site ripe for apartment development in Brighton, has hit the market.

The property is being offered to the market for the first time in 60 years.

Buyer interest above $25 million is expected.

The 3,348sq m property is at 257 St Kilda Street, next to the prestigious Royal Brighton Yacht Club.

It is currently a three-level seaside mansion occupied by the Redemptorist order. 

It is being taken to the market via an expressions of interest campaign run by James Thorpe, Stephen Kelly and Langton McHarg of Knight Frank clsoing December 8.

“The property is zoned residential,” Mr Thorpe said.

“The existing building could be retained for a future development, or the buyer could start with a blank canvass.”

The property comes with frontage to St Kilda Street and Mytton Grove, with views over Port Phillip Bay and Brighton Beach.

“Prior to launching the campaign we have already been fielding enquiries from developers, so we expect interest to rise once the property officially hits the market.”

The Redemptorists, which have been in Australia since 1882, are a community of Catholic priests, brothers and lay partners whose task it is to communicate the Christian message.

Their Brighton house has been a communication hub from which they published, the magazine called The Majellan.

The 3,348 sqm site is one of the biggest development site offerings in the bayside suburb.

The International on Brighton's coveted Bay Street, is being developed on a vast 4,100 sqm site in a joint venture between property developers, Landream and V-Leader. 

The 3,348sq m property is at 257 St Kilda Street, next to the prestigious Royal Brighton Yacht Club

$25 million Brighton apartment development site listed by Redemptorist order

Fadil &ldquo;Butch&rdquo; Sadikay, the surfwear chain retailer turned property developer, has launched the South Yarra penthouse offering in his The Botanic Collection.

Kay &amp; Burton Project agents Damon Krongold and Peter Kudelka have the three-bedroom, three-bathroom listing in conjunction with Andrew Macmillan at Jellis Craig.&nbsp;

There&rsquo;s a $16.5m to $17.5m price guide for the apartment which overlooks the treetops of the Royal Botanic Gardens.&nbsp;

[smartcode_project:default project_id=4658 project_image_fid=54441]

It has 370 sqm internally space plus a rooftop garden and pool with some 400 sqmetres space.

Architect Rob Mills has designed the triplex which will set in gardens landscaped by Jack Merlo for the Sadikay Group.

[smartcode_project:default project_id=4658 project_image_fid=54442]

The Domain precinct penthouse sits atop the 30 Anderson St portion of the 2655sq m estate bought in 2016 for $33 million from the executors of Marion Page, daughter of businessman Sir Clive McPherson.

The 3/30 Anderson Street expressions of interest campaign closes November 23.

[smartcode_project_cta: project_id=4658]

There’s a $16.5m to $17.5m price guide for the apartment

South Yarra luxury penthouse listing in The Botanic Collection

A three bedroom, two bathroom apartment at 601/21A Hickson Road, Walsh Bay topped the past week's apartment sale results.

The 136sqm Mirvac-built apartment has Harbour Bridge views.

It was in Mirvac's Shore 8/9 building, within the Walsh Bay arts precinct.

It was sold pre-auction, 14 days into its marketing through Ayre Real Estate.

The apartment last traded at $2.9 million in 2015, having first sold in 2000 at $1.17 million.

Its strata fees sat at $3,831pq.

A three bedrrom, three bathroom apartment at 59-75 Mooloolaba Esplanade, Mooloolaba fetched $4.6 million.

The North East facing nineth floor sub-penthouse sold through Simon Guilfoyle at G1 Property.

It last sold at $3.4 million in 2018, and first sold at $1.3 million in 2000 by Juniper.

There was a 67 percent auction success rate over the past week, according to CoreLogic from 696 listings.

The national apartment median was $785,000.

Canberra's 82 percent clearance rate from 20 listings was the best performing capital city.

There was a 75 percent success rate in Sydney from 325 listings.

Melbourne saw a 58 percent success rate from 318 apartment listings.

Its top sale was a $2.02 million Brighton East townhouse sold through Gary Peer.

It was 2/29 Dunoon Court in a triplex complex which Cordell Connect advised had been a $1.86 million build.


$4.7 million Mirvac-built Walsh Bay apartment sale edges out $4.6 million Mooloolaba sale to be top sale

The Lothian in North Melbourne, has won The Frederick Romberg Award for Residential Architecture &ndash; Multiple Housing.

Kennedy Nolan won the Australian Institute of Architects (AIA) award this week for the project which was completed in May this year by Excelon Projects.

It had already won the 2021 Victorian Architecture Awards for multiple housing, along with being an entrant in the top 40 Think Brick Awards 2021.

Set on an island site, the Lothian consists of four-storey townhouses with roof gardens and two stacked two-storey apartments, one with a roof garden.&nbsp;

The design was inspired by the attractive red brick edifices from the golden age of manufacturing found in the former working class suburb.

[smartcode_project:default project_id=8257 project_image_fid=28387]

The judges noted The Lothian retains a sense of warehouse scale and dimensions, converting them into refined domestic use.&nbsp;

The exterior is concrete, brickwork, arched windows, oculus windows and playful tile work. The red pressed clay bricks came from Krause in Stawell.

The jury described this development as &ldquo;a robust, energy-efficient building that acts as a place of beauty and refuge for its inhabitants while offering an innovative alternative composition of a multi-residential building envelope&rdquo;.

Excelon Projects is a Melbourne-based property development company established in 2011 to create well-considered residential projects.

[smartcode_project:default project_id=8257 project_image_fid=29556]

The 480 square metre site with two laneways and two street frontages replaced an office buildingat 102 Lothian Street.

Lothian has been described as a programmatic and formal hybrid in response to its island site.&nbsp;

The north-south orientation results in principal elevations to the east and west with deeply shaded fa&ccedil;ades to the west and the consideration of privacy to the east.&nbsp;

The southern dwellings are imagined as artist studios.

[smartcode_project:default project_id=8257 project_image_fid=29552]

To the north, an apartment is suspended in the existing tree canopy, in a leafy eyrie with eccentric oriel windows.

There is a two bedroom, two bathroom apartment for sale through Belle Property agent Scott McElroy at $880,000.

It comes with interior design by artisans such as IN-TERIA, who designed the handmade timber door hardware, and the famous Cherry pendant light by DANIEL EMMA.

Slate flooring is featured throughout.

Lothian Street&#39;s location, being close to Errol Street in the heart of old North Melbourne, is marketed as the perfect urban village with a post office, supermarket, Town Hall - and the best of Melbourne&#39;s cafes and restaurants including Auction Rooms and Mork.

Plus the famous cake shop Beatrix just a 5-minute walk away.

Kelvin Taing, Director of Excelon said it had "been exciting to see this project come to life and is a testament to the vision of the architects.”

“The Lothian is a love project for Excelon.”

Set on an island site, the Lothian consists of four-storey townhouses with roof gardens and two stacked two-storey apartments, one with a roof garden. 



Resale opportunity at The Lothian in North Melbourne, the 2021 AIA award winning apartment block

The Young &amp; Fennelly apartment&nbsp;complex at Randwick, which launched in May, has hit 90 percent sold.

The Cbus Property-developed project comprises 116 one-, two- and three-bedroom residences across a seven-storey "New Deco”-style apartment building and terraces.

It sat at 40 percent sold in early June.&nbsp;

The complex sees completion due in mid 2023.

[smartcode_project:default project_id=100684 project_image_fid=164633]

Colliers Residential advised the update on the second stage of the Newmarket Randwick multi-stage master plan.&nbsp;

The sales have included one-bedrooms for $1.075 million to top-floor three-bedroom residences for $3 million with Bates Smart interiors.

The parkside residences are priced from $2,155,000.

[smartcode_project:default project_id=100684 project_image_fid=164634]

It is close to the cafes and restaurants of the retail and dining piazza, Newmarket Dining, which came in the first stages of the Newmarket Randwick masterplan.

There will be a residents’ communal rooftop space designed by Arcadia Landscape Architecture, with barbecue facilities.

The project takes its name from Fennelly St which pays tribute to Michael Fennelly, who bought the Newmarket property and built the Newmarket Big Stable building.&nbsp;

[smartcode_project_cta: project_id=100684]

Newmarket Randwick project has apartments that have been shaped by post COVID-19 lifestyle changes

Cbus Property's Young & Fennelly Randwick sales hits 90 percent sold

Property buyers waiting for price reductions in Brisbane will be disappointed, according to Pete Wargent, co-founder of Australia&rsquo;s first national network of property buyer&rsquo;s agents, BuyersBuyers. 
&nbsp; 
&quot;The idea that prices are going to decline in Brisbane any time soon is wide of the mark,&quot; he said.

The report by BuyersBuyers, inconjunction with RiskWise Property Research, noted interstate migration into Queensland recently hit the highest level in around 15 years.

[smartcode_project:default project_id=108278 project_image_fid=173613]

&quot;Houses and other family-suitable properties are experiencing strong demand across many areas of south-east Queensland&rdquo; Mr Wargent said.

He noted the market for detached homes in Brisbane remained &quot;extremely tight.&quot;

&quot;But we are at least seeing more new listings coming through now, which is a healthier dynamic for the market, and in time this will naturally cool the rate of price growth next year.&nbsp;

&quot;But overall, activity is still very buoyant, and we definitely expect to see prices higher than today by the end of 2023&rdquo; Mr Wargent said.

[smartcode_project:default project_id=102309 project_image_fid=163977]

Wargent added that &ldquo;low mortgage rates are still attractive for investors, and asking rents are rising much more quickly now, up by about 5 to 10 per cent in Brisbane over the past year, albeit often less so for some high-rise and inner-city units.&quot; 
&nbsp; 
Riskwise noted inner Brisbane apartments had experienced challenges with oversupply through the last housing market cycle.

&quot;Although units in the more sought-after and supply-constrained areas may fair reasonably well as vacancy rates have fallen sharply,&quot; Doron Peleg, CEO of RiskWise Property Research, said.

Wargent noted Brisbane was seeing the incomes of some of his property buying clients increasing, especially for those in mining and engineering project roles, due to the current skills shortage.&nbsp; 
&nbsp;

Pete Wargent of BuyersBuyers expects 2022 to be a very busy year for housing market transactions, especially for investors. 

Rising mining incomes to trigger Brisbane apartment investment spree

The NSW Government&rsquo;s cladding remediation program, Project Remediate, has seen the first cladding removed for investigation from a Darlington apartment block.&nbsp; 
&nbsp; 
Project Remediate aims to remove all flammable cladding from NSW&rsquo;s eligible high-risk residential apartment buildings by the end of 2023.

To date more than 155 buildings have registered for remediation. 
&nbsp; 
&ldquo;Project Remediate managing contractor Hansen Yuncken will investigate the materials gathered during the assessment process and Global Fa&ccedil;ade Consultant ACOR will give expert engineering and design advice on the best remediation solution for each building. 
&nbsp; 
&ldquo;There are many factors to take into consideration during remediation, including the role the previous cladding played with regards to weatherproofing, wind resistance, durability, thermal insulation and aesthetics, and the work taking place today will lay the framework for the entire physical remediation.&rdquo;

Minister for Better Regulation, Kevin Anderson said the program was important for the families and residents living in apartments impacted by dangerous cladding. 
&nbsp; 
Project Remediate will provide no-interest loans, free expert program management, and the assurance that when remediation work is completed, the work will be accepted by insurers.&nbsp;

For more information or to register for Project Remediate, visit nsw.gov.au/project-remediate.

The NSW Cladding Taskforce was established in 2017 to identify and assess potentially affected buildings following the tragic Grenfell Tower fire in London.

The NSW Government’s cladding remediation program, Project Remediate, has begun

NSW flammable cladding removal program kicks off in Darlington

The NSW Government has appointed John Minns as the state’s first Property Services Commissioner.

It is hoped the move that will herald a new era of trust and engagement between the real estate industry, its regulator and consumers in NSW.
 
Minister for Better Regulation Kevin Anderson noted the real estate industry contributes $100 billion and over 37,000 jobs to the NSW economy. 

"That is why it is critical to have the right processes in place to allow the NSW Government to support this thriving industry whilst maintaining the highest protections for consumers,” Mr Anderson said.
 
The Property Services Commissioner will reflect the successful model taken by the Building Commissioner who has been tasked to reform the building and construction sector.

Minns has more than 25 years’ experience as a real estate business owner and agent, most recently as managing director of  Canberra-based Independent Property Group.

He was previous the director of Academy of Real Estate Services.
 
"At a time of unprecedented change and rapid digital transformation, I am looking forward to working with leaders across the industry to deliver improved consumer outcomes, a vibrant and sustainable NSW property sector and continued innovation,” Mr Minns said.
 
The Property Services Commissioner will sit independently of Fair Trading and will report directly to the Secretary of the Department of Customer Service and Minister for Better Regulation..
 
Commissioner Minns will commence on 6 December, 2021.

The Property Services Commissioner will sit independently of Fair Trading and report to the Secretary of the Department of Customer Service and Minister for Better Regulation..


John Minns appointed to oversee NSW real estate as NSW's first Property Services Commissioner

The penthouse in Melbourne&rsquo;s tallest residential building, Australia 108, has been listed for sale.

It comes with a $30.988 million asking price, which would set the record for the most expensive apartment sale in Melbourne.

It sold off the plan for $25 million in 2015, which was then a national apartment price record.

<img alt="" height="827" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/australia_108_penthouse.jpg" width="1200" />

The four-bedroom residence, known as 10001/70 Southbank Boulevard, has yet to see the settlement details formally lodged with the title still in the name of the developer, WCL-Southbank Pty Ltd.

The developer refinanced 20 apartment lots with United Overseas Bank in May, having previously had financing from Gresham Property Investments.

Designed by Fender Katsalidis Architects, the penthouse has 800 sqm of space along with a 5 car garage.

<img alt="" height="709" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/australia_108_penthouse_3.jpg" width="1200" />

It has been listed by a China-based businessman, priced at less than $40,000 per square metre. Monika Tu at Black Diamondz is marketing the apartment.

It has 2500 unit entitlements amid the total 91625 unit entitlements of the highrise complex.

[smartcode_project:default project_id=582 project_image_fid=10405]

Melbourne&#39;s priciest apartment sale was secured off the plan in early 2019 when publishing entreprenuer Antony Catalano purchased a 650-square-metre penthouse in developer Tim Gurner&#39;s St Moritz Melbourne project for a price of about $30 million.

The two-level apartment will sit atop the eight-level Pacific Grand building, with some 650 square metres internal space and 150 square metres of terraces.

There had been $45 million hopes for the 1001 square-metre penthouse atop the 14-level residential complex The Muse, on St Kilda Road, but it is being retained by the developer.

Any apartment sale at that level would set the record in Melbourne.

$30.988 million asking price for Melboune's highest penthouse in Australia 108

Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" 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%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

Jonathan Chancellor

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