Norwood Green, located in Norwood, one of Adelaide&#39;s most popular suburbs, is set to be home to 111, one two and three-bedroom apartments, and a number of four-bedroom townhouses.

The Catcorp development was designed by the team at Tectvs and will also play host to a number of retail offerings, including an Aldi, as well as private and public open spaces.

Located&nbsp;just a short walk to Norwood Parade and less than two kilometres from&nbsp;the CBD, Tectvs took the approach of melding landscaped green spaces with architectural design.

[smartcode_project:default project_id=22648 project_image_fid=74422]

Norwood Green apartments comprise of one, two and three-bedroom apartments with car parks, across five six-storey buildings, arranged around a communal private village green.

The industrial history of the site informs the aesthetic of the building facades, and sustainability features such as solar panels to the community area and apartments add to its appeal.

[smartcode_project:default project_id=22648 project_image_fid=74420]

Prices start as low as $369,000 for certain one-bedroom apartments with two-bedroom apartments starting at&nbsp;$502,000.

Norwood Green&#39;s&nbsp;final release of the&nbsp;Beulah townhouses will take place in 2022 with all previous townhomes already sold out.

[smartcode_project_cta: project_id=22648]

Norwood Green, located in one of Adelaide's most popular suburbs, Norwood will be home to 111, one two and three bedroom apartments and four-bedroom townhouses

jordan_55689

Catcorp's affordable Norwood Green apartment and townhouse development for sale in Adelaide

Buyers of almost every age and demographic have been showing interest in the burgeoning suburb of Preston, now one of Melbourne&#39;s&nbsp;most popular fringe suburbs just nine&nbsp;kilometres north of the Melbourne CBD.

More recently the suburb has been attracting families, due to a growing number of schooling, as well as appropriate-sized housing.

&ldquo;Thanks to a few decades of urban sprawl, Preston is now considered one of Melbourne&rsquo;s hottest northern suburbs. It seems like there&rsquo;s new, hip bars popping up on every corner&rdquo;, Timeout Magazine said.

One of the latest developments set for completion in Preston is&nbsp;Central Preston Gardens, which has completion forecast for late 2021.

&nbsp;

[smartcode_project:default project_id=108725 project_image_fid=179627]

The 16-townhome development is being delivered by the&nbsp;HongKong Sonlam Group and&nbsp;Times Fund.

Situated at&nbsp;223-227 Gower Street, Central Preston Gardens benefits greatly from it&#39;s location, close to T W Blake park, the Preston Oval and the Preston Library.

It is well connected via public transportation as it&#39;s close to Preston Station, Albert Street and High Street.

&nbsp;

[smartcode_project:default project_id=108725 project_image_fid=179628]

There&#39;s new infrastructure in the&nbsp;pipeline 2 kilometers away, with the Victorian Planning Authority currently reviewing plans for a new Preston Market Precinct, taking in 12.5 acres&nbsp;of privately-owned land with integrations with Preston Station and High Street.

&nbsp;

[smartcode_project:default project_id=108725 project_image_fid=179625]

Prices start at $750,000 for a two bedroom townhouse and&nbsp;$900,000 for a three bedder.

[smartcode_project_cta: project_id=108725]

More recently the suburb has been attracting families, due to a growing number of schooling, as well as appropriate-sized housing.



Why families are now attracted to Preston's more suitable townhouse developments

The City of Moonee Valley is located next to Melbourne on its north west side and is an area Urban have had on our radar lately, specifically, Moonee Ponds. With Puckle Street as its thriving hub of retail and entertainment akin to the likes of Chapel Street or Bridge Road, and excellent education and public transport options &ndash; buyers are flocking north west and rediscovering this hidden gem of Melbourne.&nbsp;

Close to the beautiful Maribyrnong river and gorgeous Queens Park it is 7 km north-west from Melbourne&#39;s central business district and home to such icons as The Clocktower Centre and the Moonee Valley Racecourse.

Moonee Ponds is also home to many restaurants. Notable among these are Jack&#39;s Satay Bar, Carosello, Philhellene, Darling St Espresso &amp; Khao San Road.

The suburb&#39;s investment fundamentals are also strong with&nbsp;2.3 percent price growth year on year for the past 10 years on apartment prices. Houses have seen even stronger price growth, 6.9 per cent&nbsp;every year for the past decade.

House and unit rent&#39;s have also seen consistent growth of 1 per cent and 2.1 per cent respectively per year since 2011

With Moonee Ponds currently experiencing a&nbsp;residential development outburst, Urban has highlighted some of our favourites:

<h2>Thomas St</h2>

[smartcode_project:default project_id=103179 project_image_fid=167494]

Thomas Street is the first apartment building within the $2 billion Moonee Valley Park master-plan, currently underway by property developer Hamton and financier HostPlus.

Rising six storeys, Thomas Street was designed by the award-winning Rothelowman, who partnered with Hamton for much of the residential work across the project alongside interior design firm Mim Design and Tract Landscape Architects.

Situated in the heart of Moonee Ponds, a sought-after inner-city locale in Melbourne&rsquo;s north-west, Thomas Street offers residents a choice across 69 one, two and three bedroom residences, however the one bedders are now sold out.

Located a short walk away inside the Moonee Valley Park master plan is Stonepine Square, a Mediterranean style piazza, as well as Cox Place, a dynamic village designed to fulfill convenience and lifestyle needs, from caf&eacute; culture to a social hot spot, business heart and wellness hub.

It is located on the same site as the aforementioned Moonee Valley Racecourse which is also undergoing some renovation and upgrades.

Two bedroom apartments start at $645,000 while three-bedders start from $1,050,000.

<h2>Rise</h2>

[smartcode_project:default project_id=5328 project_image_fid=155345]

Comprising 297 one, two and three-bedroom residences, Caydon Property&rsquo;s Rise delivers a luxury living experience with spacious floorplans, cutting-edge interiors, floor-to-ceiling windows and numerous amenities.

Rise is the final release of Caydon&rsquo;s Mason Square precinct, located just 6km from the CBD and within walking distance of the bustling Puckle Street.

The 29-level Fender Katsalidis-designed development is made up of two apartment types; Residences and Skyhomes. Located on Levels two to 21, Residence apartments are a mix of one, two and three bedrooms.&nbsp;

On the top eight levels of Rise, Skyhomes are penthouse-style two and three-bedroom apartments with open plan living areas that open onto large balconies. Skyhomes have been designed to maximise space and the views from Melbourne&rsquo;s north, as well as benefiting from exclusive facilities.&nbsp;

For a limited time Caydon are offering a 6 month settlement at Rise, on any 2 or 3 bedroom apartment.&nbsp;

<h2>Feehan Row&nbsp;</h2>

[smartcode_project:default project_id=102580 project_image_fid=167427]

Feehan Row terraces, part of the $2 billion Moonee Valley Park masterplan, have been designed by Rothelowman who were inspired by the green landscapes of the local area.

The homes and terraces sit on the east side of the redevelopment next to the master plan&#39;s first release, the Thomas Street apartment building.

Feehan Row offers residents the whole green package, from parklands, bike paths, and walking trails to sporting fields, playgrounds and community spaces.&nbsp;

Each Rothelowman-designed home at Feehan Row has a securely gated and individual entrance, with architecture inspired by historic Victorian terraces. Landscaped frontages and fringing greenery offer both privacy and seclusion.&nbsp;

The townhouses and homes are divided among four designs with completion forecast for late 2022.

The City of Moonee Valley is located next to Melbourne on its north west side and is an area Urban have had on our radar lately, specifically, Moonee Ponds

Discover Melbourne’s Moonee Valley: Highlighting the best developments selling out in Moonee Ponds

Bide is the latest Newstead residential offering by Dibcorp Properties. It comprises 89 spacious one, two and three-bedroom apartments just three kilometres from the CBD.

The design was a collaborative effort by Twohill &amp; James, Lat27 and Wiltshire Stevens Architecture.

Located in the heart of the upmarket riverfront suburb of Newstead,&nbsp;Bide is the latest part of the suburb&#39;s transformation to an up-market residential suburb belying its industrial past.&nbsp;

Urban has taken a look at the floorplans on offer as the selection of apartments available starts to dwindle.

&nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163974]

<ul>
	<li>One Bedroom | One Bathroom | One Car | 72 sqm |&nbsp;$485,000+</li>
	<li>Two Bedroom | Two Bathroom | One Car | 99&nbsp;sqm |&nbsp;$675,000+</li>
	<li>Three Bedroom | Two Bathroom | Two&nbsp;Car | 121 -&nbsp;191 sqm |&nbsp;$1,250,000+ (Floorplan pictured below)</li>
</ul>

<a href="/buildings/bide-newstead-21-longland-street-newstead"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bide_2-bed_flrpln.jpg" /></a>

Apartments inside feature open-plan living and dining, a balcony space with 270 degree views&nbsp;and a study nook in some apartments for working from home.

Dibcorp has offered residents the opportunity to work hand in hand to tailor the layout and configuration&nbsp;of their apartment. There&#39;s plenty of other upgrade options too, from floor and curtains to kitchen fittings and appliances.

Beyond the apartments, Bide residents&nbsp;enjoy 600 sqm of amenity across two levels, including barbeque facilities, private cabanas, landscaped areas and seated space throughout.

[smartcode_project:default project_id=102309 project_image_fid=163982]

&quot;Bide embodies the belief that the spaces we inhabit are essential to a balanced life. It centres around the wellness of the occupier and how the space can compliment their lives,&quot; Dibcorp says.

It is slated for completion in early 2023.

[smartcode_project_cta: project_id=102309]

Dibcorp has offered residents the opportunity to work hand in hand to tailor the layout, configuration and fittings of their apartment

Inside Dibcorp's popular Bide apartments in Brisbane's Newstead

Civil construction recently got underway at The Annix South in Queensland&#39;s Mango Hill. The development reached ground level in August.

The Roycorp townhouse development is on target for completion in early 2022.

Comprising a The Annix South and The Annix North, prices start from as low as&nbsp;$429,900.

[smartcode_project:default project_id=108774]

Mango Hill is a suburb in the Moreton Bay Region 30 kilometres from the Brisbane CBD, accessible via the nearby Mango Hill Railway Station, bus route or automobile.

The Annix South offers residents an eclectic mix of boutique townhomes inspired by Moreton Bay, offering both three and four bedroom designs.

With functioning living spaces and quality finishes, Roycorp placed a focus on sophisticated styling and practical design, with each townhome offering&nbsp;residents a modern, spacious and low maintenance abode.

[smartcode_project_cta: project_id=108774]

The Roycorp townhouse development is on target for completion in early 2022.

Construction underway on Roycorp's Mango Hill townhomes, The Annix South

&nbsp;

The suburb of Scoresby is well known for its number of walking trails and abundance of nature, just 30 kilometres east of Melbourne.

A boutique development of just 12 townhouses and apartments, set across the road from the popular Scoresby Recreation Reserve, have been listed for sale.

Set for completion in 2022, the homes feature a modern open-plan design with large windows to get plenty of sun. Many of the townhomes&nbsp;also come with a balcony.

[smartcode_project:default project_id=108727 project_image_fid=179506]

While the suburb was&nbsp;named for the&nbsp;Arctic explorer William Scoresby, it&#39;s anything but cold as proven by its title as the brussels&nbsp;sprout&nbsp;capital of Victoria.

Scoresby is located in south east of Melbourne, next to Glen Waverley, Wheelers Hill, Wantirna and other popular suburbs.

Located at 747-749 Stud Road, the apartments and townhomes sit&nbsp;is across the road from a Scoresby Recreation Reserve home to the Tennis, Health and Cricket clubs.

[smartcode_project:default project_id=108727 project_image_fid=179503]

Also nearby&nbsp;is a Woolworths, specialty stores and a number of dining institutions including the Cinta Raya Restaurant, Cafe Dinicious and Stanley Burgers.

It is a four&nbsp;minute drive to the Swinburn University of Technology and a number of schools,&nbsp;Scoresby Primary School,&nbsp;Carrington Primary School, Scoresby Secondary College and more.

[smartcode_project_cta: project_id=108727]

Scoresby is located south east of Melbourne, next to Glen Waverley, Wheelers Hill, Wantirna and other popular suburbs

Scoresby Recreation Reserve townhome and apartments for sale

The final three-level townhouses on Templestowe Lower&#39;s Manningham Road, has been listed for sale.

The townhomes at 234 Manningham Road are priced from&nbsp;$772,000.&nbsp;The&nbsp;three-bedroom, two-bathroom homes are&nbsp;well under the suburb median of&nbsp;$846,000, which is up 11 per cent in the last 12 months.

The townhomes will feature&nbsp;an open-plan&nbsp;layout, with a home office located on the ground level.

[smartcode_project:default project_id=108729 project_image_fid=179559]

There are SMEG kitchen appliances and Caesar stone benchtops used in both the bathroom and kitchen.

Located in the premium suburb of Templestowe Lower it is&nbsp;16km northeast of the Melbourne CBD.

It has the access to natural parklands at Ruffey lake park and the Yarra River&rsquo;s recreation, city-bound buses, and leading schools, while minutes from the Eastern Freeway and Westfield Doncaster.

[smartcode_project:default project_id=108729 project_image_fid=179563]

It is situated&nbsp;within the Templestowe Primary School and Templestowe college school zones, a five-minute drive away.

10 minutes of walking sees residents at a&nbsp;Woolworths supermarket and the surrounding restaurants.

[smartcode_project_cta: project_id=108729]

&nbsp;

Priced at $772,000, the two or three bedroom, two bathroom homes are well under the suburb median of $846,000, which is up 11 per cent in the last 12 months

Templestowe Lower townhouses cheaper than the suburb median

Only a quarter of the 26 townhouses on offer in the Tarniet townhouse development, Onyx Estate, are left to sell.

Set for completion in late 2022, the&nbsp;Heiyu Groups, Times Fund development comprises a series of two and three-bedroom townhomes in an established part of Tarneit, west of Melbourne.

The contemporary double-storey townhouses are located in an established area&nbsp;of Tarneit, a 35 minute drive from the Melbourne CBD.

[smartcode_project:default project_id=108728 project_image_fid=179572]

3 Onyx Way is within a stroll of the local shopping strips and less than five&nbsp;minutes from a number of schools, including&nbsp;Tarneit Rise Primary School and Tarneit P-9 College.

It is a short drive to private schools like Good News Lutheran College &amp; Westbourne Grammar School.

There are multiple bus stops and the Tarneit&nbsp;train station close by.

[smartcode_project:default project_id=108728 project_image_fid=179573]

Also within walking distance are lush&nbsp;parklands, a hallmark of the area&nbsp;with parks, as well as walking&nbsp;and bicycle trails.

Prices start from $480,000 for the two-bedroom townhouses.

[smartcode_project_cta: project_id=108728]

The contemporary double-storey townhouses are located in an established area of Tarneit, a 35 minute drive from the Melbourne CBD

Onyx Estate townhouses in Tarneit 75% sold

The Melbourne property developer, Hive Properties, nailed their proposed design of The Gratis, a collection of the most luxurious residents in Deepdene.

Hive had Embrace Architects design the building, which features a metallic finish to concrete soffit, double glazed aluminium windows, and natural stone cladding.

The interiors of the 12 three-bedroom apartments were handled by the renowned designer&nbsp;Adele Bates.

<a href="/buildings/the-gratis-918-920-burke-road-deepdene" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/exterior_0.jpg" /></a>

Located on Burke Road in Melbourne&rsquo;s inner-eastern suburb of Deepdene, the residences boasts contemporary finishes and high-quality features.

Open-plan living and dining, a built-in fireplace and the choice of two colour schemes are among the offerings in these boutique apartments.

[smartcode_project:default project_id=7337 project_image_fid=170647]

There&#39;s hardly a difference in the completed apartment compared to the renders produced, particularly of the luxury kitchen, the focal point of the open plan entertaining area.

That opens to extensive outdoor space through floor to ceiling glass doors.

<a href="/buildings/the-gratis-918-920-burke-road-deepdene" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kitchen.jpg" /></a>

The kitchens feature&nbsp;herringbone oak flooring, a Vintec wine fridge, a natural stone island,&nbsp;and integrated fridge and freezer.

Entry to the development is as luxurious as the apartments.&nbsp;

The grand lobby features a chandelier, Control 4 automated entryway and natural stone tiling.

<a href="/buildings/the-gratis-918-920-burke-road-deepdene" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lobby_entrance.jpg" /></a>

&ldquo;We really curated each interior of the twelve to be unique in its own way in terms of ensuring the space planning was really resolved, and how we best maximise the space for entertaining, for living&rdquo;, Adele Bates said.

There is a&nbsp;built-in cocktail bar, Zip HydroTap, natural stone benchtops and brass finishes that harmonise with the interior styling in the kitchen and bathroom.

The ensuite&nbsp;bathroom includes a free-standing bath and fluted glass shower screens.

<a href="/buildings/the-gratis-918-920-burke-road-deepdene" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ensuite.jpg" /></a>

The Gratis sits in landscaped gardens designed by one of Melbourne&#39;s most popular landscape architects, Jack Merlo.&nbsp;

&ldquo;The&nbsp;Gratis&nbsp;offers a unique opportunity for people who might be coming out of a larger home or property in the area with all the beautiful leafy streets and gardens,&rdquo; he said.

[smartcode_project_cta: project_id=7337]

The interiors of the 12 three-bedroom apartments were handled by the renowned designer Adele Bates

Render Vs. Reality: How Hive got it right with Deepdene luxury apartment development, The Gratis

Keysborough, south-east of Melbourne, has become one of the most popular destinations during the COVID-enduced exodus from the city.

The suburb, near Dandenong, has established itself as a combination of affordable property, family-friendly lifestyle choices, and a commutable distance to the city.

Keysborough has attracted a number of young families, young professionals, and even downsizers, in the last few years, with the suburb recording price growth of 17.2 per cent.

[smartcode_project:default project_id=8082 project_image_fid=59642]

It&#39;s close to surrounding beaches, including Aspendale and Parkdale Beach, as well as a number of parks, the biggest being Tatterson Park, which features an outdoor soccer pitch, a dog park, and an outdoor gym.

There&#39;s education for all, from the newly-built Keysborough Gardens Primary School, to Haileybury College, which the&nbsp;local council has announced plans to build&nbsp;a kindergarten and community event space, next to&nbsp;the Keysborough South Community Centre.

One of the most popular Keysborough developments that is being snapped up by young families is&nbsp;Haven Townhomes, the affordable townhouse collection developed by Aultun Property Group.

[smartcode_project:default project_id=8082 project_image_fid=59637]

The Keysborough&nbsp;development has been designed&nbsp;by Cera Stribley Architects, who designed&nbsp;luxury developments like Edition in Toorak and Tate in Kew.

There are currently only a handful three-bedroom townhomes still for sale, priced from $714,000.

Each townhome is surrounded by verdant greenery, and the Haven Gardens is a central feature of the development, offering residents a green community space.

[smartcode_project_cta: project_id=8082]

Keysborough has attracted a number of young families, young professionals, and even downsizers, in the last few years, with the suburb recording price growth of 17.2 per cent

Why Keysborough is attracting young families, as well as first home buyers

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

Jordan Fidler

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