Sixth Avenue, delivered by the Aultun Group, was Urban&#39;s most popular project for first home buyers in the first quarter of 2021.

Designed by Point Architects in the near coastal suburb Chelsea Heights,&nbsp;south-east of Melbourne, Sixth Avenue features light-filled interiors, bespoke landscaping and recreational amenities within easy reach. &nbsp;

Boasting a collection of 59 two, three and four-bedroom residences, Sixth Avenue&rsquo;s premium location provides for all lifestyles.

Urban is giving eight reasons to consider buying a home at the 15 Sixth Avenue development.

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<h2>1. Local developer with a proven track record</h2>

Aultun Property Group is a Melbourne-based developer creating apartments and townhouses in Victoria&rsquo;s premium suburbs.

Founded in 2012, the group has developed its reputation as a visionary in multi-residential projects, successfully forecasting key growth areas and the latest market trends.

&ldquo;Our passion is underpinned by our design-driven vision to create places that enrich lives&rdquo;, the group said.

Other projects by Aultun Property Group in Melbourne&rsquo;s south-east include their Keysborough master-planned community, Haven.&nbsp;

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<h2>2. Designed by the award-winning Point Architects</h2>

Point Architects is one of Melbourne&rsquo;s leading, multi-disciplined architectural practices.

Since it was established in 2000, the practice has grown a&nbsp;reputation for delivering considered and innovative designs.

The group said, &quot;we are committed to the creation of quality architecture and interiors through a process of constant evolution.&quot;

Other residential works Point have been involved in include&nbsp;Teri Apartments in South Melbourne, The George in Fitzroy North and Olor in Richmond.

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<h2>3. Prime bayside Location</h2>

Aultun Group managing director Bruce Yang said, &quot;our expectation is that we will see a sharp price increase in property values in&nbsp;Chelsea Heights&nbsp;end of 2022 start of 2023 when this project &amp; the Chelsea railway upgrade have been expected for completion.&quot;

Chelsea Heights features great access to arterial roads such as the Mornington Peninsula Freeway, Eastlink, Nepean Highway and Beach Road.

Local schools&nbsp;just a short walk away include&nbsp;Chelsea Heights&nbsp;Primary School, St Joseph&rsquo;s Primary School and Cornish College. Monash University is also within a 15-kilometre radius, including the main Clayton campus and the Frankston satellite campus.

&ldquo;You will always find something new to do, surrounded by some of Melbourne&rsquo;s best government [and] private schools, the new&nbsp;Mordialloc&nbsp;by-pass will also bring so much value to the area&rdquo;, Bruce Yang added.

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<h2>4. Plenty of amenity</h2>

From sheltered bay waters to sports and activities at Goodlife&rsquo;s&nbsp;Chelsea Heights&nbsp;Health Club, owner-occupiers can enjoy a premium location that provides for all lifestyles.

Sixth Avenue is in close proximity to the picturesque Patterson River Golf Club, the Chelsea Public Golf Course, the Chelsea Yacht Club and the&nbsp;Patterson Lakes&nbsp;Marina.

For those seeking other options, there is alos&nbsp;a vast array of aquatic sport amenities available at the nearby Melbourne Cablepark.

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<h2>5. Affordable&nbsp;</h2>

Aultun Group managing director Bruce Yang has previously told&nbsp;Urban that the affordability of the townhouses was just as important as quality.&nbsp;

As such prices start from just $630,000 for a two bedroom townhouse and&nbsp;$730,000 for a three bedder.

Urban spoke to Brigit King, a first home buyer at Sixth Ave about what sold her on Sixth Avenue and&nbsp;she said,&nbsp;&quot;The offer was too good to not take. The real-estate market at the moment is booming and the price and location is what sold me.&quot;

<h2>6. Environmentally conscientious</h2>

Sixth Ave. Chelsea Heights achieves a &lsquo;Best Practice&rsquo; rating for BESS (Built Environment Sustainability Scorecard) with many key sustainable design strategies including a 5 star gas hot water system, water efficient tapware and showerheads as well as bicycle parking provided within each home and recycled water for garden irrigation and toilet flushing.&nbsp;&nbsp;

When queried on the point of sustainability Point Architects director Edgar Grech said, &quot;Sustainability is what we all want. We feel this is not an option but an integral part of the design.&quot;

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<h2>7. Multiple contemporary designs on offer</h2>

Sixth Avenue provides design variety in dwelling sizes and bedroom numbers it doesn&#39;t merely offer&nbsp;a generic one type design in floor plan and facade.&nbsp;

The townhomes modern design boast&nbsp;a versatility of space and function, with light filled interiors&nbsp;finished with high quality fixtures. Outside, private expansive courtyards make for the an alfresco opportunity and to show of a green thumb.

The contemporary homes are arranged around a quiet tree-lined street featuring&nbsp;a suite of two, three and four bedroom designs over two storeys.&nbsp;

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Boasting a collection of 59 two, three and four-bedroom residences, Sixth Avenue’s premium location provides for all lifestyles

jordan_55689

Seven reasons to consider a home in Sixth Avenue at Chelsea Heights

Located in the heart of bustling Preston, Due North&nbsp;is the latest residential offering to hit High Street.

Delivered by Caydon Property, the architecturally designed apartment complex boasts rooftop living, Melbourne views and spacious units.

Climbing 12 levels comprising 107 apartments, Due North features a rooftop space, a co-working area in the lobby and three&nbsp;retail spaces.&nbsp;Each level consists of a maximum of 12 apartments.

Preston is a cultural, foodie and retail hotspot beloved by Melburnians and Northsiders alike. Venture down from a sky-high abode to enjoy a&nbsp;diverse choice of restaurants, bars, breweries, fashion stores and barbers that can be found on High Street. 
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Urban has highlighted 10 of the best local amenities a stroll&nbsp;from Due North:

<ol>
	<li>
	&nbsp;The Famous Cedar Bakery&nbsp;(33/35 High St) is known&nbsp;for its Lebanese baked goods, excellent coffee and a range of Middle Eastern spices, pickles and other specialty goods;
	</li>
	<li>
	&nbsp;Darebin Arts &amp; Entertainment Centre&nbsp;(Cnr Bell St &amp; St Georges Rd)&nbsp;hosts a range of community productions and events in its 400 seat proscenium arch theatre and function spaces;
	</li>
	<li>
	If you&rsquo;re hosting a barbeque, place an order at&nbsp;Metaxas Meats&nbsp;(546 Murray Rd)&nbsp;for an authentic gyro spit roast to cook at home;
	</li>
	<li>
	Coming highly recommended from TimeOut,&nbsp;Retropolis&nbsp;(1 Newman St)&nbsp;is a huge converted warehouse featuring a range of retro fashion and bric-a-brac collectors;
	</li>
	<li>
	Tallboy &amp; Moose&nbsp;(270 Raglan St)&nbsp;brew a range of beers on-site and makes an excellent spot to hang&nbsp;out with the crew;
	</li>
	<li>
	A&nbsp;local favourite is&nbsp;Audacious Monk&nbsp;(128 Regent St)&nbsp;who converted&nbsp;its bar and bottleshop into a mini gourmet deli and corner shop during lockdown;
	</li>
	<li>
	There&#39;s a number of options for Chinese food&nbsp;on High Street, including Tina&rsquo;s Noodle Kitchen&nbsp;(352 High St), C-Culture&nbsp;(437 High St) and OTT&nbsp;Gold Leaf&nbsp;(419 High St), each with their own specialties;
	</li>
	<li>
	Dexter&nbsp;(456 High St) is another famed high street eatery know for it&#39;s American slow-smoked barbecue and famous hot meat doughnuts;
	</li>
	<li>
	Breaking off&nbsp;the High Street&nbsp;is&nbsp;Cheapside, home to Preston Flag Market,&nbsp;the Harris, a number of big brand shops, and independent stores and caf&eacute;s;
	</li>
	<li>
	Preston Market is located&nbsp;just off High Street and has favourites like&nbsp;Fried Hustle, taco van&nbsp;Cornutopia&nbsp;(open&nbsp;seven days at Preston Market) and Rhubarb Rhubarb Organics to name just a few.
	</li>
</ol>

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Delivered by Caydon Property, the architecturally designed apartment complex boasts rooftop living, Melbourne views and spacious units.

A walking tour of Preston: 10 great amenities near Due North apartments

Coastal living just minutes from Melbourne's CBD offers a life of unparalleled enjoyment.

Port Lane in Port Melbourne is located within walking distance from the beauty of the beach and the business of the city.

ID_Land, listed among&nbsp;Urban’s list of 10 developers to watch in Victoria this year, are behind the Williamstown Road development.

Award-winning architects Rothelowman draw on Port Lane's beachside location. Rothelowman&nbsp;worked in lockstep with interior designers Hecker Guthrie and landscape consultants Tract to create a development that is&nbsp;authentic and distinctive,&nbsp;all while <a href="/news/vic/port-lane-the-development-where-the-highest-price-point-is-lower-than-port-melbournes-median">priced&nbsp;lower than Port Melbourne's median</a>.

With a star studded cast coming together to create Port Lane, Urban took a look at its five most luxurious features.

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<h2>1. Excellent exteriors</h2>

Designed by&nbsp;Rothelowman, the exteriors of each of the 122&nbsp;three-bedroom townhouses complement the coastal surrounds.

A verdant entrance pergola marks the entrance of Port Lane with curated landscaping framing&nbsp;the townhomes themselves.

The material palette of crisp white juxtaposed against warm timber tones and green accents is a nod to the site’s heritage.

Secure car parking, flexible floorplans and manicured gardens are among the development’s many offerings. &nbsp;

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<h2>2. Carefully designed interiors with floorplans of choice</h2>

“Creating spaces that evoke an atmospheric interior experience, Port Lane celebrates light, softness, subtlety and shifting forms”, said the interior designer, Paul Hecker of&nbsp;Hecker Guthrie.

The home’s considered design features an abundance of light and space to allow for private moments, outdoor entertaining areas and&nbsp;fluted glass to mimic the reflective water of the Bay.

There are six&nbsp;different floorplans on offer, Harbour Mist, Calm Shore, Sea Breeze, City Light, Parkside Green and Morning Dew. They range in size from 189 sqm to as large as 260 sqm with spaces curated to match any lifestyle.

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<h2>3. Clean Aesthetic</h2>

Interior designers at Hecker Guthrie described the aesthetic as, "refreshingly contemporary, yet timeless and classic."

The bathroom has been crafted for comfort and thoughtfully designed for ease of living. A minimal design creates an orderly space, complemented by luxurious details including walk-in showers, a large bath and premium finishes.

Hazy thresholds are united with timber floorboards and joinery, whilst large windows create a relaxed ambiance. A smooth transition to the terrace creates an&nbsp;entertaining area for friends and family alike.

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<h2>4. Bayside location synergy</h2>

Just moments from the&nbsp;waters of Port Phillip Bay and lights of Melbourne’s CBD, Port Lane’s unique aesthetic emulates the qualities of its surrounds. The extraordinary level of synergy with its location flows through every detail of each townhome to create an&nbsp;atmosphere of coastal living that screams Port Melbourne.&nbsp;

The development at 201 Williamstown Road takes a prime position allowing owners to spend&nbsp;weekends exploring the bayside location, out on the water or relaxing at the beach. Walk to&nbsp;Fishermans Bend, Sandridge Beach,&nbsp;South Melbourne&nbsp;Market or meander along the Bay Trail.

Whichever direction you walk in, you're spoilt for choice, with lush parks and gardens for relaxing, trails for exploring and the Royal Botanic gardens to enjoy an afternoon picnic or bike ride.&nbsp;

It is a&nbsp;less than five minute walk to the Port Melbourne dog beach.

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<h2>5. Tour individual&nbsp;curated gardens</h2>

Selected by landscape architects, Tract, the development features a mix of native plants suited to the coastal environment.

Designed to soften the modern architecture, Tract’s landscaping sits in harmony with&nbsp;Port Melbourne biosphere as a whole&nbsp;and contrasts with the built form of the homes.

The three bedroom, two bathroom homes&nbsp;start from $1,025,000.

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The luxury townhome project of 122 residences draws on its beachside location just minutes from Sandridge Beach

Five luxury features of each townhome at Port Melbourne's Port Lane

DealCorp&#39;s latest development, well on it&#39;s way to completion in the coming months MCKN, is an homage to the suburb in which it&nbsp;resides,&nbsp;McKinnon.

Known as a expansive family&nbsp;suburb, MCKN offers all sorts of amenities&nbsp;needed for every family with&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

It is the combined effort of DealCorp,&nbsp;local builder Hamilton Marino and&nbsp;architectural firm Ritz &amp; Ghougassian who led the design on the facade and interiors.

Urban narrowed it down to just six things we love about MCKN:

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<h2>1. Developed by the award winning DealCorp</h2>

Dealcorp are based in Melbourne and began in 1984, completing over 50 projects in that time. They are specialists in private property development and investment within the retail, residential and commercial sectors.

Their portfolio includes award-winning masterplan communities in Bundoora and top-end penthouse towers in South Yarra. Some of their most recent projects include&nbsp;Eclipse Townhouses&nbsp;at Polaris 3083, Plenty Road, Bundoora, a collection of 19 dual-level townhouses and&nbsp;The Residences&nbsp;at Glenarm Square in Glen Iris.

Projects in the works include Nova, Polaris in Bundoora and 4248,&nbsp;located in South Yarra.

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<h2>2. Designed by the up and coming Ritz &amp; Ghougassian</h2>

Ritz &amp; Ghougassian established their architecture and interior design practice in 2015.

Located in Melbourne, they described their focus as, &quot;primarily on the user experience and ones relationship to the built environment through an interiorised lens. Working across both public and private sectors a collaborative process ensures their work is considered and resolved.&quot;

Once completed&nbsp;the boutique development will stand five levels tall and home to&nbsp;41 spacious apartments.

Other projects they have worked on include&nbsp;Musk Creek in&nbsp;Flinders, Bentwood in&nbsp;Fitzroy, Penta in Elsternwick and Higbury Grove in Prahran.

[smartcode_project:default project_id=4939 project_image_fid=152593]

<h2>3. Constructed by leading local builder Hamilton Marino</h2>

Established in 1975, Hamilton Marino Builders is an experienced and dynamic multi-level apartment and commercial construction company.

In their statement they said, &quot;Our &lsquo;value-added&rsquo; operational model and reputation built on providing expertise, quality and certainty, has made us an innovative industry leader. With a multitude of projects in feasibility, planning, construction and post-contract phase at any point in time, we have a wealth of current market knowledge available.&quot;

They have established offices in Sydney and Melbourne and have completed projects in other states and countries including Queensland, South Australia and New Zealand.

Hamilton Marino have also worked&nbsp;on 4248 with DealCorp which was completed late last year.

[smartcode_project:default project_id=4939 project_image_fid=152596]

<h2>4. Stroll the streets and parklands</h2>

Located a stroll from the nearby Bayside beaches, MCKN&nbsp;is surrounded by 14 hectares of open parkland, yet set primarily in the heart of McKinnon from its&nbsp;Jasper Road&nbsp;location.

Thoroughly enjoy the nearby parks and walking reserves like Joyce Park, McKinnon Reserve and&nbsp;Wattle Grove. Almost every park is&nbsp;equipped with playground equipment or even a sporting field like the nearby St Pauls Junior Football Club.

MCKN&nbsp;is in&nbsp;the encatchment&nbsp;for McKinnon Secondary College, which is only a five-minute walk away.&nbsp;Less than a kilometre away are&nbsp;St Kevin&#39;s School, Glen Orme Avenue, Mckinnon Primary School and Ormond Primary School.

The nearest train station is&nbsp;just 500 metres from MCKN, putting&nbsp;Chadstone&nbsp;and Southland Shopping Centres just minutes away. &nbsp;

[smartcode_project:default project_id=4939 project_image_fid=152584]

<h2>5. Discover local delights</h2>

Partake in the ground floor retail facilities set to host a cafe upon completion of MCKN.

Indulge in&nbsp;local dining options&nbsp;like the Allora Cucina, Mr Burch, McKinnon Village Bakery, Cafe @ 150 and more all on&nbsp;McKinnon Road, the first intersection off 236&nbsp;Jasper Road,&nbsp;the home of MCKN.

Residents can enjoy their night&nbsp;out at local bars/pubs like the Roo Baa, Mckinnon Hotel, Sonder Bar, OnTop Bar and Boundary Hotel, all less than a 10 minute drive away.

[smartcode_project:default project_id=4939 project_image_fid=152578]

<h2>6. The boutique design details</h2>

MCKN apartments feature&nbsp;stone benchtops, 2pac joinery, platinum-toned fixtures and Smeg appliances fitted in the kitchen, as well as&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

Bathrooms feature&nbsp;large format stone tiles, a minimalist walk-in shower, floating vanity and concealed cistern toilet.

Residents will enjoy storage space and a practical floorplan, which offers flexibility to suit all lifestyles due to it&#39;s open plan nature.

The development offers all sorts of amenities&nbsp;needed for every family with&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

MCKN is the combined effort of DealCorp, local builder Hamilton Marino and architectural firm Ritz & Ghougassian who led the design on the facade and interiors.

Six things Urban love about DealCorp's MCKN apartments in McKinnon

Mirvac&rsquo;s Voyager tower is one of the newest developments set within the master planned Yarra&rsquo;s Edge precinct.

Located on the Docklands waterfront, the 315 apartment development rises 130 metres from the ground, with 43 levels soaring into the sky.

Set for completion in the coming months, Voyager will be the ninth completed tower in the Yarra&rsquo;s Edge development following the completed Forge just adjacent.&nbsp;

Urban has taken a deeper look&nbsp;and highlighted the top seven attributes of Voyager&nbsp;that should interest buyers.

[smartcode_project:default project_id=3494 project_image_fid=89724]

<h2>1. Developed by the All In One Experts, Mirvac</h2>

Mirvac is one of Australia&#39;s leading, diversified property groups shaping and creating developments across Australia.

From top to bottom Voyager shows off Mirvac&rsquo;s penchant for quality control, with design and construction also being handled by their in-house teams.

Mirvac have also put a green foot forward as a leading influence amongst developers in the transition towards renewable and sustainable residential projects with a target to become net carbon positive by 2030.

With over 49 years of architecture experience they don&#39;t stop at shaping just buildings Mirvac is really about building a community, and it doesn&#39;t get much better than Yarra&#39;s Edge in Docklands.

[smartcode_project:default project_id=3494 project_image_fid=164637]

<h2>2. Live life your way in the Docklands Precinct</h2>

Yarra&rsquo;s Edge is a rare 14.5-hectare inner-city sanctuary located on the north-facing bank of the Yarra River, with strong connectivity to the CBD, Southbank and the future Fishermans Bend precinct.

Nearby there&#39;s a selection of cafes and restaurants, from casual cafes to upmarket eateries, including Anchor Eatery, Espressionist Cafe, Hooks at the Yarra, Lorimer Gallery, Mad Duck Caf&eacute;, Pizza Societe and Sassone Italian Restaurant.

There&rsquo;s plans for a future 1,000 sqm retail hub, which is anticipated to service both the local community and the broader Fishermans Bend and Docklands catchment area.

The YE Marina caters for boats up to 30 metres. It features full services booths with power and water facilities, 24-hour security and wireless internet access.

Part of the Voyager tower will be The Wharf Club &ndash; a state-of-the-art health and fitness facility which boasts a pool, spa, steam room, gym, fitness facilities and caf&eacute;.

[smartcode_project:default project_id=3494 project_image_fid=90814]

<h2>3. Come home to ease and convenience</h2>

Aligning with the building&rsquo;s sophisticated and elegant residences, a large functional lobby space helps add to the development&rsquo;s hotel-luxe atmosphere.

The ground floor lobby will be home to the on-site concierge and the lobby gallery.

&ldquo;The curved surfaces of the lobby reflect the nature of the building, creating a holistic experience from inside to out&rdquo;, Mirvac Design Director Michael Weiner said.

[smartcode_project:default project_id=3494 project_image_fid=164658]

<h2>4. Enjoy luxuries you&#39;ve never imagined at your fingertips</h2>

Featuring an abundance of premium amenities designed for residents and their guests to entertain or retreat, Mirvac has gone all out at Voyager.

Designed with flexibility in mind, the rooftop Skydeck and Bar includes a variety of indoor and outdoor spaces.

Rooftop space includes large rooftop terrace, BBQ, firepit, yoga lawn, bar, dining room with chef&#39;s kitchen, theatre/karaoke room.

[smartcode_project:default project_id=3494 project_image_fid=89070]

<h2>5. Voyager offers buyers choice</h2>

Voyager offers residents the choice between two polished colour schemes, Halcyon and Intrepid.

Halcyon, marketed towards those who &ldquo;understand sophistication,&rdquo; features neutral accents, stone benches, metallic finishes and soft tones.

Meanwhile Intrepid explores darker tones, with a different colour scheme for the joinery and benchtops.

The Mirvac Design team&rsquo;s goal was to create contemporary, versatile residences to suit all lifestyles and life cycles, ensuring Voyager appeals to a broad demographic of purchasers through a diverse range of built form and liveability.

[smartcode_project:default project_id=3494 project_image_fid=164641]

<h2>6. Enjoy a&nbsp;Melbourne CBD location with an aspect of the city</h2>

As the tallest building to date at Yarra&rsquo;s Edge, Voyager offers sweeping views across the city skyline and beyond.

Dominating the Docklands skyline, the striking tower&rsquo;s smooth glass exterior is a beacon catching the eye those coming to Melbourne over the Bolte Bridge.

&ldquo;The curved fa&ccedil;ades reflect the changing light as the sun moves on its daily journey, an iconic beacon that welcomes residents home&rdquo;, Mirvac Design Director Michael Wiener said.

[smartcode_project:default project_id=3494 project_image_fid=164639]

<h2>7. Priced affordably for Investors and Owner Occupiers</h2>

Comprising 315 apartments, Voyager has a collection of one, two and three-bedroom apartments with prices starting as low as $601,500 for a one bedroom apartment.

There is a spread of different sized two bedders on offer with prices starting at $706,500 for a two bedroom, one bathroom apartments and $774,400 for a two bedroom two bathroom apartment.

Three bedroom residences in the Docklands development start around $1.3 million.

[smartcode_project_cta: project_id=3494]

Set for completion in the coming months, Voyager is a reflection of Mirvac’s ongoing commitment to the precinct

Seven reasons Mirvac's Voyager at Yarra's Edge should be on buyer's shortlist

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new community creating lifestyle opportunities in&nbsp;Wollert.

Delivered by Cedar WoodsThe community offers an&nbsp;opportunity to&nbsp;that suits any lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.&nbsp;

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The&nbsp;project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity available nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

<a href="/developments/wollert-vic-3750">Enquire now at Urban</a>.

[smartcode_project_cta: project_id=99962]

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD

Discover Mason Quarter, the brand new Wollert master-planned community

FORME is yet another&nbsp;project from Mirvac&nbsp;putting convenience and quality living at your fingertips, all&nbsp;in a thoughtful master-planned development.

Set over 47 hectares, the Tullamore community itself is defined by&nbsp;lush landscaping, open parklands and walking trails.

Located&nbsp;in Melbourne&#39;s Doncaster, FORME comprises&nbsp;the final boutique apartments in the Tullamore masterplan&nbsp;

The prestigious&nbsp;collection of luxurious residences are inspired by nature, with garden spaces by award-winning landscape designer Paul Bangay.

With so much on offer Urban limited ourselves to just 10 things we&nbsp;love about FORME:

[smartcode_project:default project_id=100322 project_image_fid=163038]

1. Developed and Designed by Mirvac

Mirvac&nbsp;is one of Australia&#39;s leading, diversified property groups shaping and creating developments across Australia.

They take a full-body approach to new developments with the majority of their projects - including this one - also designed by their in-house team.

2. Mirvac&#39;s Award Winning Reputation

But with over 49 years of architecture experience they don&#39;t stop at shaping just buildings&nbsp;Mirvac&nbsp;is really about building a community, with their latest Doncaster project being Tullamore.

Really an all-in-one package they also take responsibility for the construction of their projects ensuring a quality standard you can be assured by.

[smartcode_project:default project_id=100322 project_image_fid=163030]

3. Environmentally Friendly Development

Mirvac is&nbsp;a leading influence amongst developers paving&nbsp;the transition towards renewable and sustainable residential projects with a target to become net carbon positive by 2030.

FORME&nbsp;is an example of the care they put forward as the group&rsquo;s Tullamore master-planned community in Doncaster achieved the highest environmental certification in Australia, a six-leaf EnviroDevelopment accreditation due to its numerous green features.

The select prestige apartments will&nbsp;feature world-leading solar technology, as part of Mirvac&rsquo;s unique partnership with Melbourne-based start-up Allume Energy.

4. Landscape Design by Acclaimed Landscape Designer Paul Bangay

The exclusive collection of luxurious residences are inspired by nature, with stunning garden spaces by award-winning landscape designer Paul Bangay.

The unique landscape design was inspired by FORME&#39;s elegant curves, a modern twist to the splendour of a formal country garden. Through a considered blend of fragrant, ornamental, and seasonal plantings residents will enjoy a beautiful living experience year-round.

[smartcode_project:default project_id=100322 project_image_fid=163037]

5. Tullamore Master-Planned Community is at Your Fingertips

Mirvac&#39;s Doncaster&nbsp;masterplan at Tullamore is&nbsp;a community comprising of five distinct stages,&nbsp;The&nbsp;Apartments of Tullamore, The Stables, The Club, The Reserve and The Grange.

Tullamore is extremely walkable with over 25% of the site dedicated to green space and trails.

6. Plenty of Amenities, Parks and Places to Picnic&nbsp;on Offer

FORME&nbsp;residents will have access to the world-class amenities at Tullamore, with Stables Provedore Caf&eacute;, formerly a stable for prized racehorses,&nbsp;on their doorstep and a few minutes from the Next-Gen Health &amp; Lifestyle Club.

The recently completed&nbsp;Next-Gen Health &amp; Lifestyle Club is a&nbsp;multi-million-dollar state-of-the-art health and lifestyle club,&nbsp;the first&nbsp;Next Gen club in Victoria,&nbsp;set to become one of the group&rsquo;s flagship locations in Australia.

Everyone in the community&nbsp;benefit from three parks and play spaces, purpose-built for different ages.

[smartcode_project:default project_id=100322 project_image_fid=163026]

7. Extremely Walkable and Convenient

Find yourself at Westfield Doncaster, the North-East&#39;s premier retail and entertainment precinct featuring over 400 stores, cafes, restaurants, cinemas, department stores, supermarkets and fresh food markets.

On site, the future highly anticipated Next Gen Health and Lifestyle Club will keep you active and motivated right at your front doorstep.

Or if exercise in nature appeals to you more,&nbsp;parks in Tullamore will include a fitness trail and fitness stations to invigorate the lives of local residents while play equipment, shelters bench seats and informal gathering spaces deliver the environment to play, meet and relax.

Leave the car at home and take the bus just down the road straight to city.

8. Luxurious Residences

FORME&#39;s limited collection of luxurious residences seamlessly blends warm timber, elegant fittings and stone accents to create timeless interiors&nbsp;that extend to outdoor spaces visible from a balcony, perfect for alfresco dining year-round.

The structure features organic architectural forms, with rich textures and quality materials found throughout the building.

The exclusive collection of luxurious residences are inspired by nature, with stunning garden spaces by award-winning landscape designer Paul Bangay.

[smartcode_project:default project_id=100322 project_image_fid=163029]

9. Grand Welcoming Aura

Upon arrival, residents are welcomed home to a green oasis with stunning water feature and a meandering stone path leading to an opulent towering glass foyer. Within the foyer, a striking sculptural artwork created by acclaimed artist Anna-Wili Highfield captures the light which streams through the vast glazed void.&nbsp;

The structure features organic architectural forms, with rich textures and quality materials found throughout the building.

10. Location Location Location&nbsp;

Numerous private and public schools are found in and around Doncaster. From kindergarten to tertiary education, excellent transport connections further increase your options.&nbsp;Doncaster Road, Eastlink and the Eastern Freeway provide bus services to key destinations such as the University of Melbourne and Deakin University. Regardless of the age or life stage, excellent education options are always nearby at Tullamore.

On site, the&nbsp;Next Gen Health and Lifestyle Club will keep you active and motivated right at your front doorstep.

Be one of the fortunate few to secure a luxury residence at&nbsp;FORME&nbsp;by&nbsp;Mirvac.

Don&#39;t delay,&nbsp;<a href="/buildings/forme-57-stables-circuit-doncaster">enquire today via Urban</a>.

[smartcode_project_cta: project_id=100322]

Tullamore is defined by 47 hectares of lush landscaping, open parklands and walking trails as well as convenient community amenities, many of which are just a stroll away from FORME itself

10 things we love about Mirvac's FORME apartments at Tullamore

For buyers seeking unprecedented luxury living in Melbourne&#39;s Doncaster, we&#39;re pleased to present Mirvac&#39;s latest addition to the prestigious Tullamore community, the final boutique apartments - FORME.

Transforming the Eastern Golf Course into a modern residential development, Tullamore is the latest project from Mirvac&nbsp;putting lifestyle and convenience at your fingertips.

The master-planned development is defined by lush landscaping, open parklands and walking trails, many of which are just a stroll away from FORME&nbsp;itself.

Urban see&#39;s plenty to love about FORME but here are just 5&nbsp;reasons to consider shortlisting these luxury Doncaster apartments:

[smartcode_project:default project_id=100322 project_image_fid=163036]

<h2>1. Designed, Delivered and Constructed by the Award-Winning Mirvac</h2>

Mirvac is one of Australia&#39;s leading, diversified property groups shaping and creating developments across Australia.

They take a full-body approach to new developments with the majority of their projects - including this one - also designed by their prestigious in-house team.

But with over 49 years of architecture experience they don&#39;t stop at shaping just buildings Mirvac is really about building a community, with their latest Doncaster project being Tullamore.

Really an all-in-one package they also take responsibility for the construction of their projects ensuring a quality standard you can be assured by.

[smartcode_project:default project_id=100322 project_image_fid=163035]

<h2>2. Tullamore is Green from Top to Bottom</h2>

Not only does Mirvac put forward a high level of quality and care in every development they create, they do it greener as a leading influence amongst developers leading the transition towards renewable and sustainable residential projects with a target to become net carbon positive by 2030.

FORME is an example of the care they put forward as the group&rsquo;s Tullamore master-planned community in Doncaster achieved the highest environmental certification in Australia, a six-leaf EnviroDevelopment accreditation due to its numerous green features.

Select prestige and penthouse collection will&nbsp;feature world-leading solar technology, as part of&nbsp;Mirvac&rsquo;s unique partnership with Melbourne-based start-up Allume Energy.

Plus there&nbsp;is greenery everywhere interwoven amongst FORME&#39;s free flowing spaces. The exclusive collection of luxurious residences are inspired by nature, with stunning garden spaces by award-winning landscape designer Paul Bangay.

[smartcode_project:default project_id=100322 project_image_fid=163034]

<h2>3. Over 25% green space</h2>

Set over 47 hectares, the master-planned development is defined by lush landscaping, open parklands and walking trails, many of which are just a stroll away from FORME&nbsp;itself.&nbsp;

Mirvac Doncaster&nbsp;masterplan at Tullamore is&nbsp;a community comprising of five distinct stages such as The Apartments of Tullamore, The Stables, The Club, The Reserve and The Grange.

Tullamore is extremely walkable with over 25% of the site dedicated to green space and trails.

FORME&nbsp;residents will have access to the world-class amenities at Tullamore, with Stables Provedore Caf&eacute; on their doorstep and a short stroll to the Next-Gen Health &amp; Lifestyle Club.

Everyone in the community&nbsp;benefit from three parks and play spaces, purpose-built for different ages. The parks will include a fitness trail and fitness stations to invigorate the lives of local residents while play equipment, shelters bench seats and informal gathering spaces deliver the environment to play, meet and relax.

[smartcode_project:default project_id=100322 project_image_fid=163031]

<h2>4. FORME is connected and convenient</h2>

Find yourself at Westfield Doncaster, the North-East&#39;s premier retail and entertainment precinct featuring over 400 stores, cafes, restaurants, cinemas, department stores, supermarkets and fresh food markets.

On site, the multi-million dollar flagship&nbsp;Next Gen Health and Lifestyle Club will keep you active and motivated right at your front doorstep.

Numerous private and public schools are found in and around Doncaster. From kindergarten to tertiary education, excellent transport connections further increase your options. Doncaster Road, Eastlink and the Eastern Freeway provide bus services to key destinations such as the University of Melbourne and Deakin University. Regardless of the age or life stage, excellent education options are always nearby at Tullamore.

[smartcode_project:default project_id=100322 project_image_fid=167733]

<h2>5. Luxurious and quality residences&nbsp;</h2>

Each residence features rich textures and crafted layers flowing in harmony to shape living spaces of timeless elegance that extend to outdoor spaces shrouded with verdant greenery, perfect for alfresco dining year-round

The exclusive collection of luxurious residences are inspired by nature, with stunning garden spaces by award-winning landscape designer Paul Bangay.

Upon arrival, residents are welcomed home to a green oasis with stunning water feature and a meandering stone path leading to an opulent towering glass foyer. Within the foyer, a striking sculptural artwork created by acclaimed artist Anna-Wili Highfield captures the light which streams through the vast glazed void.&nbsp;

The structure features organic architectural forms, with rich textures and quality materials found throughout the building.

FORME&#39;s limited collection of luxurious residences seamlessly blends warm timber, elegant fittings and stone accents to create timeless interiors&nbsp;that extend to outdoor spaces visible from a balcony..

Be one of the fortunate few to secure a luxury residence at FORME by Mirvac.

Don&#39;t delay, <a href="/buildings/forme-57-stables-circuit-doncaster">enquire today via Urban</a>.

[smartcode_project_cta: project_id=100322]

Set over 47 hectares, it is part of a master-planned development defined by lush landscaping, open parklands and walking trails, many of which are just a stroll away from FORME itself

Five reasons why FORME should be on a buyer's shortlist

Adelaide has continued to lead the property bounce back with a momentum even greater than that of Sydney and Melbourne.

The overwhelming majority of Adelaide is seeing soaring&nbsp;property price growth with experts like&nbsp;REISA chief executive Barry Money describing&nbsp;it as&nbsp;a &quot;mini-boom&quot;.

And there is no sign of it stopping with interstate investor interest continuing to pick up, especially as Adelaide rose&nbsp;to be the third most liveable city in the world according to the&nbsp;latest Economist Intelligence Unit&rsquo;s survey.

Prices in the South Australian capital are predicted to&nbsp;rise by 10 per cent this year alone,&nbsp;according to Hotspotting&#39;s Terry Ryder, making now the time to enter the city&#39;s growing&nbsp;property market.

Urban took a look at some of the best apartments on offer across&nbsp;South Australia&#39;s capital:

<h2>The Adelaidean</h2>

Address: 27 Frome Street, Adelaide&nbsp;SA 5000

[smartcode_project:default project_id=6082 project_image_fid=37152]

One can&#39;t talk top Adelaide apartment living without first talking about The Adelaidean, the CBD&#39;s&nbsp;tallest residential tower.

With uninterrupted views across the city and beyond, it was developed by&nbsp;Adelaide&#39;s own Kyren Group.&nbsp;Designed by&nbsp;Brown Falconer, the development comprises just&nbsp;88 one, two and three bedroom residences across 37 levels

The tower is within walking distance to some of Adelaide&rsquo;s best parklands within and surrounding the CBD, the busy world of Rundle Mall with gyms, cinema, art, theatre and&nbsp;shopping at your doorstep as well as major dining precincts offering cuisines of the world.

The Adelaidean is offering convenience and preferenc&nbsp;by allowing buyers to customise their&nbsp;own apartment&nbsp;with a wide range of finishes across living, kitchen and bathroom spaces to choose from. Each feature has been meticulously designed to match the cityscape seen&nbsp;through the floor-to-ceiling windows.

<h2>Penny Place</h2>

Address: 17 Penny Place, Adelaide SA 5000

[smartcode_project:default project_id=9286 project_image_fid=77623]

Penny Place is similarly one of the top apartment developments on Urban and with design by the&nbsp;award-winning architects, Woods Bagot it&#39;s no surprise.

Developed by the Flagship Group, Penny Place rises above the bustling streetscape of Adelaide&#39;s CBD reaching a height of 23 floors and consisting of 152 designer apartments.

Taking advantage of their height in a similar manner to The Adelaidean every one of the one and two-bedroom apartments feature a sizable balcony to take in the panoramic Adelaide views.

Builders Maxcon, who have been responsible for some incredible construction projects across Australia, will have the building completed by September 2021.

<h2>East End</h2>

Address:&nbsp;293-297 Pirie Street, Adelaide SA 5000

[smartcode_project:default project_id=6087 project_image_fid=24430]

Unlike the previous two projects, East End is a completed project from the hands of Wellstone, with construction&nbsp;handled by Hindmarsh.&nbsp;

The development is comprised of 140 modern architectural apartments situated at the heart of the east end of Adelaide City.

Many of the homes in East End provide&nbsp;360-degree panoramic cityscapes in a tower&nbsp;surrounded by parklands, botanical gardens, and all the famous restaurants located nearby. Education-wise, Adelaide botanic high school and the University of Adelaide just a minute from your door.

The 16 storey building is&nbsp;60m to Hutt Street,&nbsp;350m to Rundle Street located close to a number of transport options.

<h2>Realm</h2>

Address:&nbsp;9-19 Austin Street, Adelaide SA 5000

[smartcode_project:default project_id=6083 project_image_fid=24425]

Realm Adelaide boasts luxurious amenities and architectural design, delivered by Sydney-based developer Parallel Property and designed by Elenberg-Fraser.

Completed the year prior to&nbsp;East End, it towers above much of the city at 132 meters tall, bringing quality apartment living&nbsp;to Adelaide&rsquo;s central business district.

The slimline and stylish tower rises above the historic Assay House which was built in 1858 and used by local Gold prospectors. It has since restored and features a ground level bar and restaurant.

Level 8 features a CrossFit Gymnasium, a 25-metre outdoor swimming pool, hot tub, change rooms, billiards room, dining room, indoor dining area and outdoor entertaining with BBQ facilities and lounges.

Level 39, an exclusive area accessed by residents on Level 21 and above, features a Wellness Centre with a yoga studio, massage facilities, sauna, steam room, hot tub alongside a large entertaining deck with cabanas, BBQ facilities as well as a dining room and meeting area.

The overwhelming majority of Adelaide is seeing soaring property price growth with experts describing it as a "mini-boom," that isn't running out of steam any time soon

Adelaide's best apartments on Urban

EXPERT INSIGHT

So you think it&rsquo;s the right time to dive in and buy a home.

I can&rsquo;t tell you you&rsquo;re wrong. I can tell you it would have been better to do it before prices began soaring, and that if they keep soaring it will get worse still.

When the year began, the typical Sydney price was <a href="https://www.corelogic.com.au/news/corelogic-december-home-value-indices">$872,000</a>. Five months later at the start of June it is <a href="https://www.corelogic.com.au/news/australias-housing-boom-rolls-national-home-values-lifting-another-22-may">$970,000</a>.

That&rsquo;s a jump of almost $100,000 in a matter of months &mdash; an awfully big price for procrastinating.

In Melbourne the typical price has climbed from $682,000 to $740,500. In Perth it has climbed from $471,000 to $521,500, and so on.

And banks are beginning to withdraw the cheapest of their still-very-cheap mortgage rates, at this stage mainly the fixed four-year rates which had been below <a href="https://www.domain.com.au/news/house-hunters-facing-rising-fixed-mortgage-rates-with-further-hikes-expected-1054965/">2%</a>.

So why on earth wouldn&rsquo;t you dive in, cut your living expenses to the bare minimum and try and buy a home while it&rsquo;s the least bit possible?

One (slight) reason to relax is mortgage rates. Despite the increases in fixed four-year rates, three-year rates have barely moved. That&rsquo;s because the Reserve Bank has promised to hold the three-year bond rate <a href="https://www.rba.gov.au/media-releases/2021/mr-21-09.html">constant</a> at 0.1%.

Buying has become a bigger commitment

The three-year bond rate determines the cost to banks of their three-year fixed rate mortgages.

The Reserve Bank has said it does not expect to lift its 0.1% cash rate until &ldquo;2024 at the earliest&rdquo;. Movements in the cash rate determine movements in variable mortgage rates.

But there is another reason for proceeding with caution and taking stock.

For our parents, buying a home was an exceptionally good deal, not only because homes were cheaper &mdash; until the end of the 1990s homes typically cost between two and three times household after-tax income, they now cost closer to five &mdash; but also because over time the loan became easier to pay off.

That isn&rsquo;t because mortgage rates were coming down &mdash; at times they were going up &mdash; it&rsquo;s because during our parents&rsquo; times wages (and prices) were climbing.

It meant that even if someone of our parents&rsquo; generation just squeaked through one of the bank&rsquo;s tests about their ability to make payments on a mortgage, a few years and lots of inflation and several big wage rises down the track those mortgage payments shrank compared to everything else.

Once, wage rises took care of repayments

Many of our parents paid off their mortgages early.

One way to look at this is that the bank&rsquo;s ability-to-repay calculators were set too harshly. They failed to account for future hefty wage rises and inflation.

It&rsquo;s probably also true that they were set more generously than they might have been in an implicit acknowledgement of what the assistant governor in charge of the Reserve Bank&rsquo;s economic branch Luci Ellis calls &ldquo;<a href="https://www.rba.gov.au/publications/rdp/2006/2006-12/global-trends.html">mortgage tilt</a>&rdquo;.

The former governor, Glenn Stevens, used another term, &ldquo;<a href="https://www.rba.gov.au/speeches/1997/sp-ag-081097.html">front-end loading</a>&rdquo;.

Mortgages were &lsquo;front-end loaded&rsquo;

When inflation was high, and as a consequence interest rates were high, wages that climbed rapidly with high inflation made the servicing burden &ldquo;most acute in the very early phase of a loan, falling over time&rdquo;.

On a graph (and the former governor presented a graph) the line showing payments as a portion of income tilts down over time.

In a world of lower inflation and interest rates, the tilt becomes flatter.

By now (Stevens published the graph in 1997) the line must be near horizontal.

If wage growth remains near the <a href="https://twitter.com/1petermartin/status/1399520798734389250/photo/1">record lows</a> the treasury is forecasting it will become scarcely any easier to make payments on a home loan over time.

Yet the banks are still handing out loans using the sort of formulas they used to.

If you get a loan you&rsquo;ll be assessed as being able to (just) make the payments as always, but you&rsquo;ll be denied the near certainty of being able to more easily meet the payments as time goes on.

Now, we retire mortgaged

This is a different from the risk you&rsquo;ll also run of today&rsquo;s ultra-low mortgage rates climbing (which banks do take into account in deciding whether to give you a loan).

The proportion of homeowners reaching retirement age while still paying off their mortgage has doubled in 20 years. Which might be why some banks ask for details of your super before granting you a loan. It isn&rsquo;t an idle inquiry.

Might things get better? Maybe, if we can get wages moving again.

Evidence given to Tuesday&rsquo;s post-budget Senate estimate hearing provides cause for hope, and despair.

Super hikes will make things worse

The budget forecasts for wage growth over the next four financial years are incredibly low &mdash; 1.5%, 2.25%, 2.5% and 2.75%

On Tuesday Treasury Secretary Steven Kennedy revealed that each would have been higher &mdash; 0.4 points higher &mdash; had the government not persisted with the five scheduled annual increases in compulsory superannuation contributions of 0.5% of salary starting in July.

The treasury believes each increase will slice 0.4 percentage points from wage growth, on the basis that employers, who are legally required to pay the contributions, will have to find the money somewhere.

It&rsquo;s the same conclusion reached by the government&rsquo;s <a href="https://theconversation.com/that-extra-youre-about-to-get-in-super-most-of-it-will-come-from-you-but-dont-expect-the-ads-to-tell-you-that-154723">retirement incomes review</a>.

It&rsquo;s cause for hope because it means that when those five increases stop (in mid-2026, or sooner if the government stops them mid-track) wages might be able to grow more strongly.

It&rsquo;s cause for despair because if the treasury is right, we are denying ourselves wage rises we could use in return for super we will increasingly use to pay down our mortgages.<img alt="The Conversation" height="1" src="https://counter.theconversation.com/content/161873/count.gif?distributor=republish-lightbox-basic" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important" width="1" z5zyoz6tp="" />

<a href="https://theconversation.com/profiles/peter-martin-682709">Peter Martin</a>, Visiting Fellow, <a href="https://theconversation.com/institutions/crawford-school-of-public-policy-australian-national-university-3292">Crawford School of Public Policy, Australian National University</a>

This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/paying-off-a-home-loan-used-to-be-easier-than-it-looked-its-now-harder-heres-why-161873">original article</a>.

Paying off a home loan used to be easier than it looked - it's now harder - here's why

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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