One of Australia’s most successful residential property developers, Meriton, has continued to make a significant impact on the property landscape in 2021.

Since its formation in 1963, Meriton has grown to become the nation’s largest apartment developer.

Founded by billionaire property entrepreneur Harry Triguboff, the developer is known for its sophisticated designs and high-quality apartments.

With developments all across NSW to choose from, Urban&nbsp;selected just four of the newest on offer across inner-city Sydney.

1.&nbsp;Orchid,&nbsp;Eastgardens 
Address: 9 Oscar Place,&nbsp;Eastgardens&nbsp;NSW 2036 
Two-bedroom apartments from $835,000

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Orchid is the final stage in Meriton's&nbsp;Pagewood Green, delivering 256 residences in various configurations.

Designed by PTW, the stunning interiors flow seamlessly from the indoor living area to outdoor entertaining balconies and terraces.

Rooftop garden retreats on Level 17 boast elevated dining pavilions, lush gardens and panoramic views.

Pagewood Green&nbsp;will boast its very own 6,000sqm retail precinct anchored by a major national supermarket and an array of supporting retailers including food, medical and leisure.&nbsp;

2.&nbsp;Polo Collection, Rosebery 
Address: 55 Rothschild Avenue, Rosebery NSW 2018 
Two-bedroom apartments from $710,000

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Set amongst tree-lined streets and only minutes from the CBD, Polo Collection pays homage to Rosebery’s industrial past while providing residents with a home&nbsp;of the future.

Polo Collection comprises 275 luxury apartments with grand proportions across four striking buildings.

Developed by&nbsp;Meriton, the project connects residents to the Sydney CBD, Green Square and the harbour as one of the city’s most connected inner-city suburbs.

Designed by&nbsp;SJB, the homes boast a modern and distinctive style, with floor-to-ceiling glass, expansive floorplans and views over Sweetacres Park. &nbsp;

3. Spectrum, Mascot 
Address: 42&nbsp;Church Avenue, Mascot NSW 2020 
Two-bedroom apartments from $1,025,000

[smartcode_project:default project_id=5873 project_image_fid=72323]

Secluded from busy roads on a prime corner position, Spectrum presents four boutique residential towers in Mascot.

Delivering 367 spacious apartments,&nbsp;Meriton’s new Bayside development features inspired design, ample storage and premium finishes.

Spectrum enjoys&nbsp;Due North&nbsp;and east views towards the Sydney city skyline, as well as resort-style amenities, including a gym and sauna.

The site is located in close proximity to beautiful parks and podium gardens.

4. Viola, Eastgardens 
Address: 3 Finch Drive, Eastgardens NSW 2036 
Two-bedroom apartments from $995,000

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Viola is the third stage in&nbsp;the Pagewood Green master-planned community described by Meriton's Harry Triguboff as his most ambitious project in 50 years.

Designed by&nbsp;Fox Johnston, it combines&nbsp;luxurious oversized apartments with never-to-be-built-out views of the city and championship golf courses offering buyers a rare opportunity to purchase their dream property in the affluent eastern suburbs of Sydney.

Offering a superb collection of 175 apartments over 16 levels designed for a lifetime of quality and comfort, resort style facilities include an indoor pool, spa and sauna, fully equipped gymnasium, onsite childcare centres and onsite supermarket, retail shops and cafes.

Urban takes a closer look at what is on offer across the Meriton range in Sydney's inner circle.

jordan_55689

The best of Meriton's inner-city Sydney apartments

Australian housing values lifted by 1.8% in April according to CoreLogic&rsquo;s national home value index, with the monthly pace of capital gains easing from a 32-year high in March (2.8%). &nbsp;

Although growth conditions have slowed, housing values are still rising at a rapid pace, up 6.8% over the past three months to be 10.2% higher than the COVID low in September last year.

CoreLogic&rsquo;s research director, Tim Lawless, says the pace of capital gains could slow further over the coming months as inventory levels rise and affordability constraints dampen housing demand.

&ldquo;The slowdown in housing value appreciation is unsurprising given the rapid rate of growth seen over the past six months, especially in the context of subdued wages growth. &nbsp;With housing prices rising faster than incomes, it&rsquo;s likely price sensitive sectors of the market, such as first home buyers and lower income households, are finding it harder to save for a deposit and transactional costs.&rdquo;

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There is already some evidence of fewer first time buyers in the market, with the Australian Bureau of Statistics reporting a -4.0% fall in the value of first home buyer home loans through February, the first drop since May last year.

Despite the slowdown, positive housing market conditions remain geographically broad-based with every capital city and &lsquo;rest-of-state&rsquo; region continuing to record a lift in dwelling values over the month.

<img alt="" height="482" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image003.jpg" width="850" />

Darwin (2.7%) and Sydney (2.4%) recorded the largest month-on-month rise in dwelling values, while Perth values recorded the lowest rate of growth amongst the capital cities at 0.8%.

The four smallest capital cities recorded double digit annual growth (Adelaide 10.3%, Hobart 13.8%, Darwin 15.3% and Canberra 14.2%), reflecting a smaller COVID-related disruption and an earlier start to the growth phase last year. &nbsp;Melbourne is recording the lowest level of annual growth (2.2%) due to a larger downturn, attributable to the extended lockdown period last year.

The broad trend of houses outperforming the unit sector continued through April as higher density styles of housing experienced less demand amidst elevated supply across some inner city precincts. &nbsp;At the combined capital city level house values (8.6%) have risen at double the pace of unit values (4.3%) over the first four months of the year.

&ldquo;A preference shift away from higher density housing during a global pandemic is understandable, however a rise in flexible working arrangements also seems to be supporting greater demand for houses around the outer-fringes of capital cities. &nbsp;Relatively weak investor activity, compounded by a supply overhang in some high-rise precincts, is also dampening price growth in unit markets,&rdquo; Mr Lawless said.

Australian housing values lifted by 1.8% in April with the monthly pace of capital gains easing from a 32-year high, according to CoreLogic

Home values still on the rise but lost steam in April

Sky Garden, the latest development by the diversified property group Golden Age, spans three towers across the new and improved The Glen shopping centre in Melbourne&#39;s Glen Waverley.

Rothelowman designed the three apartment buildings, soaring 12, 13 and 20 levels and home to more than 500&nbsp;one, two and three bedroom apartments,

The apartment development is part of the $430 million Glen redevelopment which completed construction in December 2020..

With over 240 stores, anchored by a new David Jones store and a Woolworths, The Glen provides residents with convenience at their door step.

[smartcode_project:default project_id=2881 project_image_fid=148737]

Sky Garden features over 4,000 square metres of internal and external facilities with one of the most impressive features unsurprisingly being the garden in the sky.

The Sky Garden has sun lounges, a bar and kitchen for entertaining, a kids playground, veggie gardens, large lawns with water features and private dining and seating sanctuaries to unwind. The Sky Garden is located above the podium levels linking each tower.

Other resident facilities include gaming rooms with mah-jong, billiards and chess, a private cinema and media rooms as well as an elegantly appointed library.

Beyond that is a fully equipped gymnasium, yoga studios, tai chi areas, a sauna, steam room and luxury heated lap pool.

[smartcode_project:default project_id=2881 project_image_fid=148754]

In a bid to support retailers following the extended lockdown Melbourne, residents of&nbsp;Golden Age Group&#39;s Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program.&nbsp;

The customised app gives residents a reward program for retail outlets in The Glen shopping plaza, located beneath the recently completed development designed by&nbsp;Rothelowman&nbsp;where 536 apartments sit across three towers.

Serviced by the Glen Waverley train line, it is 30 minutes from the CBD, opening residents and locals up to a plethora of entertainment, retail, cuisine, educational and employment opportunities.

There are less than 75 apartments left in the 536 apartment tower, with prices starting from $498,000 for one bedroom apartments and $668,000&nbsp;for two bedroom apartments. Three bedroom apartments are priced from $1,118,000.

Sky Garden, the latest development by the diversified property group Golden Age, spans three towers across the new and improved The Glen shopping centre

Shop, study and relax all without leaving your front door at Golden Age's Sky Garden

Voyager, a chic residential tower delivered by Mirvac, is a new development set within the masterplanned Yarra&rsquo;s Edge precinct on the Docklands waterfront.

The harbourside precinct, set to be home to over 3,000 people, boasts over 1,000 sqm of fine dining and retail, a state-of-the-art wellness centre, parklands and marina berths.

Boasting some of best premium amenities on offer across Melbourne, Urban took a closer look at what is on offer at Voyager

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Standing 43-levels high and dominating the&nbsp;Docklands&nbsp;skyline at 138 metres, Voyager is the tallest building in the precinct to date.

Boasting&nbsp;an abundance of premium amenities designed for residents and their guests to entertain or retreat, the apartment development&#39;s&nbsp;waterfront location offers sensation views of the Melbourne CBD.

Designed to provide flexible spaces, the Soci&eacute;t&eacute; rooftop includes indoor and outdoor spaces, theatre and karaoke, yoga space and communal barbeque, while the residents&#39; club offers private dining, a bar lounge and an intimate open air fireplace lounge

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.

Boasting a concierge, lobby gallery and library, the ground-floor lobby warmly welcomes residents and their guests into a beautiful space.

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The stylish 315-apartment development boasts a collection of one, two and three-bedroom luxury apartments.

Voyager offers residents the choice between two timeless colour schemes, Halcyon and Intrepid.

Versatile floorplans and a flexible variety of residences are designed to suit any homebuyers&rsquo; lifestyle.

&nbsp;

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Voyager, a chic residential tower delivered by Mirvac, is a new development set within the masterplanned Yarra’s Edge precinct on the Docklands waterfront

A theatre and a karaoke room? What's on offer at Mirvac's Docklands apartment development Voyager

The listed national property developer Mirvac are offering buyers a chance to secure a townhome in their Altona North development The Fabric with just a five per cent deposit.

That puts a deposit for one of the three bedroom townhouses, priced at $850,000, at $42,500.

Mirvac have designed The Fabric to be sustainability friendly, with each townhome set to have a seven-star NatHERS energy rating.

[smartcode_project:default project_id=22699 project_image_fid=39041]

Renowned landscaping architects, Eckersley Garden Architecture, have designed courtyards with edible planter beds and a custom-designed Patchwork Park.

Leafy green tree-lined streets, contemporary architecture and private front gardens form the walkable master-planned community.

Not only does this development propose approximately 3.15-hectares of planned community open space, but it&rsquo;s located in close proximity to the Newport Lakes Reserve.

The 33-hectare park has&nbsp;two lakes, a nature trail, bikeways and a dog park.

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Transformed from its industrial past,&nbsp;Altona North&nbsp;delivers the ideal middle ground between connectivity and a family-friendly environment, within easy reach of just about everything.

The Fabric is located amongst vibrant eateries and local hot spots for diverse cuisines.

Homebuyers will relish the ability to walk to the supermarket and retail offerings, as well as the fresh market stalls of the Inner West.

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&nbsp;

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&nbsp;

Just nine kilometres from Melbourne CBD via the West Gate Freeway,&nbsp;Altona North&nbsp;has it all.

Newport train station is just a 2.5-kilometre cycling distance from&nbsp;The Fabric, giving you access to the Werribee line.

Two-bedroom townhomes start from $695,000, while four-bedroom homes start from $990,000, equal to a deposit of $34,750 and $49,500 respectively.

Construction is underway across the master-planned community.

That means a three bedroom townhouse priced at $850,000 is just a $42,500 deposit.

Pay just 5% deposit at Mirvac's Altona North townhouse development The Fabric

West Melbourne&rsquo;s newest address combines spacious architecturally designed apartments with convenience and security.

Delivered by the award winning&nbsp;Central Equity, Parkhill Apartments boasts 161 residences in one and two-bedroom configurations.

Proving popular with city residents who value the location&nbsp;and don&rsquo;t compromise on style and design quality, Parkhill sets the standard for affordable apartments in Melbourne.

Just metres from the inner-city with CBD views, homebuyers can secure one-bedroom apartments in the block from just $479,000. Two-bedroom apartments start from $619,000, and up to $819,000 when featuring an extra bathroom and a parking space.

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Below is a summary of the bedrooms, bathroom, garaging and square footage across 408 Spencer Street as well as a sample of a two-bedder floorplan:

<ul>
	<li>One Bedroom, One Bathroom, One Balcony, 57+&nbsp;sqm</li>
	<li>Two Bedroom, One Bathroom, One Balcony, 69+&nbsp;sqm</li>
	<li>Two&nbsp;Bedroom, Two&nbsp;Bathroom,&nbsp;One Balcony, 72+&nbsp;sqm</li>
	<li>Two&nbsp;Bedroom, Two&nbsp;Bathroom, One Parking space, One Balcony, 77+ sqm</li>
</ul>

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_plans.jpg" /></a>

Each apartment delivers high-quality features like Miele appliances and German tapware.

The bright &amp; roomy apartments with up to 2.7 metre high ceilings also come equipped with a washer&nbsp;dryer and concealed air-conditioning and heating

The homes include plenty of hidden storage space, with built-in-robes and kitchen cabinetry, as well as a hideaway laundry in select residences.

Every home features a spacious tiled balcony with many of&nbsp;the two-bedroom abodes placed at corners to capitalise further on a sweeping view.

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Parkhill is located in a compelling Melbourne CBD fringe location, only metres from the tranquil Flagstaff Gardens and other amenities.

Residents will have convenient access to shopping and dining offerings, universities, Melbourne&rsquo;s employment hub and excellent public transport services.

Designed to be the ideal place to work, live and play, Parkhill&rsquo;s lifestyle offerings include a rooftop gymnasium with views of Melbourne&rsquo;s skyline and a rooftop garden terrace.

The terrace provides a calming, landscaped setting to entertain family and friends, featuring dedicated seating areas, mature planting and barbeque facilities.

On the ground floor, a grand foyer and seven-day concierge help welcome you home.

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All that plus a guarantee of quality from a decorated developer with over 80 completed Melbourne projects.

&nbsp;Central Equity has won the Housing Institute of Australia (HIA) Victoria&rsquo;s &lsquo;Apartment Project of the Year&rsquo; award six times over the last ten years, making them the HIA Victoria&rsquo;s most awarded apartment developer.

Delivered by the award winning Central Equity, Parkhill Apartments boasts 161 residences in one and two-bedroom configurations

Floorplan Focus: Central Equity offer four floorplans at West Melbourne tower Parkhill Apartments

Mirvac have recently released their latest tower in their billion dollar Newstead development.

The latest tower, known as Quay Waterfront Newstead, located alongside the Brisbane River, joins previously completed stages Pier, Park and Unison as part of the grander Waterfront Newstead community.

Set in 5.5 ha of parklands, the biophilic tower weaves garden-green freshness up and around its apartments. Natural materials and organic forms define the interior spaces, bringing the textures of the outdoors in through feature stonework, unique metal patinas and timber-like grains.

[smartcode_project:default project_id=90553]

The 25 storey tower will deliver 143 one, two, three and four-bedroom apartments that have been designed by Mirvac&rsquo;s in house design team to cater specifically to owner-occupiers.

Residents will be able to take advantage of Quay&#39;s&nbsp;Brisbane River views and the city&rsquo;s sub-tropical climate, along with exclusive resident lifestyle amenities. There will be a ground-level tropical oasis with pools of water, shaded enclaves and grassed areas that connect to - and expand - Waterfront Park.

Located at 57 Skyring Terrace, Quay Waterfront Newstead&nbsp;will contain a suite of&nbsp;amenities including a ground-level wellness centre with a gym and yoga studio, a resident&rsquo;s lounge and a private dining room on level 19.

The building community also benefits from a private residents&rsquo; lounge, wine room and dining area which can be reserved for entertaining and special events.

[smartcode_project:default project_id=90553 project_image_fid=147612]

Quay Waterfront Newstead is located just two kilometres from the CBD. Surrounded by Fortitude Valley, Teneriffe and the river, life here offers the best of&nbsp;urban living&nbsp;balanced with the tranquillity of the waterfront.

Over 600 metres of walking and cycle paths have been&nbsp;constructed throughout Waterfront Newstead linking through to Newstead House, Newstead Terrace and Skyring Terrace when completed.&nbsp;

Plus major refurbishment of Newstead wharf has been completed, including facilities like the installation of a&nbsp;BBQ, playground and parkland seating.

Just a short distance away is the&nbsp;Bowen Hills&nbsp;Station providing convenient public transport access to the city.

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The latest in Mirvac's billion dollar Newstead redevelopment, Quay Waterfront Newstead highlights some of it's strongest aspects with a suite of exclusive amenities

Discover the amenities on offer at Mirvac's Quay Waterfront Newstead

One Coburg Quarter is set to be the newest sought-after address in the north Melbourne suburb when it is completed next month.

The project, developed by Future Estate and designed by architecture firm Rothelowman, only has a very limited number of its one and two bedroom apartments left, with residents moving next month after a three and a half year build.

Here are 7 things we love about the&nbsp;soon to be completed&nbsp;One Coburg Quarter:

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<h2>1. Delivered by a forward thinking&nbsp;developer</h2>

Future Estate&nbsp;is a Melbourne based property development firm with a forward thinking mindset.

With over $1billion worth of projects under development and a portfolio spanning the eastern seaboard of Australia, Future Estate is one of the country’s most progressive privately-owned developers.

They are currently focusing on Parc Vue with the recently completed Parc Vue at Bundoora and Botanic At Parc Vue underway.

<h2>2. Designed by&nbsp;award winning&nbsp;Architecture firm Rothelowan</h2>

With an&nbsp;intelligence-driven approach has recognised for creating high-quality, innovative designs across a range of sectors and project types, Rothelowman has done a stellar job at One Coburg Quarter.

Managing not only a stunning facade that incorporates the bluestone walls which were once part of the Pentridge Prison that was on the site but also creating a village feel in an urban context.

Other works the award winning firm is involved in at the moment include, Canvas, Hawthorn Park and Port Lane.

[smartcode_project:default project_id=3783 project_image_fid=147461]

<h2>3. Historical Significance</h2>

One of the most unique elements of One&nbsp;Coburg Quarter&nbsp;is that it incorporates the bluestone walls which were once part of the Pentridge Prison which once sat on the site.

Her Majesty's Prison Pentridge&nbsp;was an&nbsp;Australian&nbsp;prison that was first established in 1851 and was closed in&nbsp;1997. One&nbsp;Coburg Quarter&nbsp;developer&nbsp;Future Estate&nbsp;bought&nbsp;site for $4 million in 2014 and sold it for $12.8 million in 2017.&nbsp;Future Estate&nbsp;retain a further 4.2 hectares which is part of their masterplan mixed-use community hub.

<h2>4. Location Location Location</h2>

Ideally placed to take advantage of both the&nbsp;city just a short commute away as well as more local secrets.

One&nbsp;Coburg Quarter&nbsp;has a 9/10 walk score, with a fantastic selection of shops, cafes, parks and public transport at your doorstep.

Rising on&nbsp;Urquhart Street, Coburg is surrounded by the old Pentridge Prison site, Coburg Town Hall, the farmers market and a multitude of eclectic cafes and restaurants.&nbsp;

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<h2>5. Amenities on offer</h2>

Some of the luxuries on offer in the development include&nbsp;access to&nbsp;a residents’ bar and lounge with a stone wall built-in fireplace, a kitchen and a library, as well as&nbsp;a sky garden with a barbecue, seating and city views on the top level.

Supermarkets, cafes, schools, medical clinics and multiple public transport options are just a few short steps from your front doorstep.

Plus just a couple hundred metres away are a choice selection of primary and secondary schools.

<h2>6. Timeless Design</h2>

On offer are a selection of one and two-bedroom floorplans, each with state-of-the-art kitchens. Mirrored splashbacks, integrated appliances and 4-burner gas hobs can be found in all kitchens. Matte black tapware and minimalist sinks, add a sense of timeless modernity.

The living areas feature pale timber flooring and are filled with plenty of natural light. The open plan layout gives you the flexibility to customise the space to your liking and entertain with ease.

The bathrooms also exude style – with matte black fittings, integrated vanity storage and LED lighting.

[smartcode_project:default project_id=3783 project_image_fid=28884]

<h2>7. Affordable Priced&nbsp;</h2>

There are 148 one and two bedroom apartments across the eight-level tower, starting from $351,000 for a 50 sqm one bedder with a storage cage.

The bigger one bedroom apartments, closer to 60 sqm, start from $469,000 with their own parking spots.

The project, developed by Future Estate and designed by architecture firm Rothelowman, only has a very limited number of its one and two bedroom apartments left, so don't miss out

Seven things Urban love about One Coburg Quarter

ID_Land&rsquo;s latest Brunswick development, Canvas, offers residents a premier home with breathtaking vista&#39;s.

Designing a building offering a collection of 62 one, two and three-bedroom apartments, Rothelowman Architects has placed people at the cornerstone of their design.

Located on the building&rsquo;s rooftop is a variety of communal spaces providing residential amenity and green spaces, with views of Melbourne&rsquo;s city skyline and parks.

[smartcode_project:default project_id=29358 project_image_fid=85958]

The project boasts a communal lounge area, kitchen and entertainment dining, providing work from home space or a quiet corner for a good book.

Beyond your doorstop, Canvas lies in the heart of Brunswick&rsquo;s vibrant community with retail hotspots, diverse eateries and bustling bars that are just a short walk away.

The development an impressive walk score of 97/100, located less than a minute from nearby shops and just three minutes&rsquo; walk to the nearest tram stop.

&ldquo;The Brunswick community is so richly diverse it should be its own city&rdquo;, ID_Land&rsquo;s Jeff Garvey said.

Canvas is located in close proximity to the Melbourne CBD, among&nbsp;universities and a short walk from Princes Park.

[smartcode_project:default project_id=29358 project_image_fid=85960]

Situated on the bustling Barkly Street, Canvas provides absolute convenience with private and secure access to an on-grade car park, with no car lifts or parking stackers.

Each apartment also benefits from at least one bike space and on-site bike maintenance facilities are available.

Green living was taken as a requirement with additions such as all communal areas in the complex make use of solar technology and the rooftop garden collects rainwater for greywater harvesting diminishing the building carbon footprint.

Educational facilities with walking distance include:

<ul>
	<li>Princes Hill Primary School</li>
	<li>Brunswick South Primary School</li>
	<li>Sydney Road Community School</li>
	<li>Brunswick Secondary College</li>
	<li>Princes Hill Secondary College</li>
</ul>

There&#39;s also satellite campuses for&nbsp;RMIT University and Monash University.

ID_Land’s latest Brunswick development, Canvas offers residents a premier home with breathtaking vista's

Walking Tour: What's within walking distance from Canvas Brunswick

LUMA is Development Victoria&rsquo;s latest way of living in a connected, masterplanned community of homes that inspire healthier living.

The State Government authority, in collaboration with master planning by&nbsp;Roberts Day, are offering the solution to a hectic lifestyle with&nbsp;low maintenance living in Melbourne&#39;s Sunshine North.

Designed for modern family life, LUMA will provide around 300 townhomes consisting of one, two, three and four&nbsp;bedroom floorplans, to accommodate a wide range of buyers.

[smartcode_project:default project_id=27783 project_image_fid=96895]

Development Victoria are passionate about making Victoria a great place to be, building great homes and communities where people and business can thrive.

Full of spacious green spaces, not only are LUMA&#39;s streets filled with native landscaping, but internal parklands alongside&nbsp;open and linked green spaces provide a sense of lush vegetation and natural living.

The project will include a local LUME park. It will feature a fully equipped children&#39;s&nbsp;playground, a sheltered BBQ, picnic area and kick-about spaces.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Or experience the outdoors at home with residences boasting a mix of outdoor courtyards and terraces, ideal for relaxing or entertaining.

There is also plenty beyond the lifestyle amenities on offer with cafe&#39;s shopping and local businesses not far away.

LUMA&rsquo;s Urban and Tempo homes have been architecturally designed to make everyday living easier.

These contemporary 1, 2, 3 and 4 bedroom townhomes offer a wide range of smart floorplans making it easy to find the right home for you.

Current release includes two bedroom homes from $515k.

Designed for modern family life, LUMA is a 300-resident project offering a collection of two, three and four-bedroom townhouses to accommodate a wide range of buyers

The on site amenities on offer at the green masterplanned community LUMA in Melbourne's Sunshine North

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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