Sydney apartment values rose a further 1.6&nbsp;per cent, according to property data firm CoreLogic.

Values have now grown 10 per cent over 2021, with 1.6 per cent over June&nbsp;and 1.8 per cent&nbsp;over May, a rolling quarterly gain of 5.1 per cent.

Sydney&#39;s median apartment value is now $810,000, having started the year at $734,000.

[smartcode_project:default project_id=7363]

The gains in the apartment market come as the booming housing market lost a little bit of steam over July.&nbsp;Sydney has recorded the sharpest reduction, with the monthly capital gain falling from 3.7% in March to 2.0% in July.&nbsp;

CoreLogic&#39;s research director, Tim Lawless, suggests one of the reasons house prices are starting to lose a bit of steam is that they are becoming unaffordable for many.

&ldquo;Sydney is the most expensive capital city by some margin and it has also been the city where values have risen the most over the first seven months of the year. Worsening affordability is likely a key contributing factor in the slowdown here, along with the negative impact on consumer sentiment as the city moves through an extended lockdown period,&quot; Lawless says.

&quot;Along with declining home affordability, much of the earlier COVID related fiscal support (particularly fiscal support related to housing) has expired.&quot;

[smartcode_project:default project_id=30049 project_image_fid=162884]

Recently there has been some volatility in new inventory levels, with the number of newly advertised properties falling sharply across Sydney and Melbourne amidst lockdowns.

In Sydney, the monthly number of new listings added to the market has fallen by approximately -30% since the week ending June 27th, dragging total active listing numbers -13.7% below the five-year average.

&ldquo;At the other end of the spectrum are the apartment sectors of Melbourne and Sydney, where rental conditions have been substantially looser.&quot;

&quot;The good news for landlords is that rental markets in these areas are stabilising following a substantial reduction in rents due to high vacancy rates attributable to stalled overseas migration and a preference shift away from high density living during the pandemic,&rdquo; Mr Lawless continued.

[smartcode_project:default project_id=100811 project_image_fid=162902]

We have seen the same trend through earlier lockdowns, where both buyer activity and vendor activity reduce before recovering to pre-lockdown levels once restrictions are eased or lifted.

&ldquo;With stock levels remaining tight, selling conditions have been skewed towards vendors.&quot;

&quot;Auction clearance rates have remained in the low-to-mid 70% range across the major auction markets through July and private treaty sales continue to record rapid selling times and low discounting rates,&rdquo; Lawless said.

Sydney's median apartment value is now $810,000, having started the year at $734,000

jordan_55689

What happened to Sydney apartment values over July?

Canberra&#39;s largest developer Geocon Group are continuing their Woden Valley&nbsp;precinct WOVA, as part of the next wave of ACT&rsquo;s multi-billion dollar regeneration project.

WOVA, short for WOden ReVAmped, is set to host a revitalised residential and mixed-use community precinct, slated for completion in 2024.

The four-tower development will feature a collection of one, two and three-bedroom apartments with ultra-convenient transport connectivity and abundant amenity.

A number of WOVA apartments benefit from the ACT government&#39;s recent scrapping of stamp duty for off-the-plan apartments and townhouses up to $500,000 with the one-bedroom apartments falling into that bracket.

Urban has taken a look at WOVA and its apartments.

[smartcode_project:default project_id=7947 project_image_fid=186446]

<h2>1. Developed by the Canberra-based experts at Geocon Group</h2>

Since its establishment in 2007, Geocon has risen as Australia&rsquo;s fourth largest residential developer. The company has an annual turnover of $250-300 million and is now one of Canberra&rsquo;s most successful developers.

Geocon Group has 10 projects currently available for purchase including two Braddon projects, Midnight and Envie, as well as Belconnen&rsquo;s three-stage Republic. They are also working on the The Kingston Arts Precinct among others.

The company&rsquo;s philosophy is to create&nbsp;&ldquo;architecturally-stunning buildings that deliver a new standard of contemporary living.&rdquo;

[smartcode_project:default project_id=7947 project_image_fid=186452]

<h2>2. Designed by the experts from Fender Katsalidis and Oculus Urban Design</h2>

Designed by the award-winning Fender Katsalidis and Oculus Urban Design, WOVA &nbsp;apartments feature spacious balconies and functional living areas. While in the off the plan stage, residents can choose from three different colour schemes.

The apartments feature SMEG appliances and stone benchtops in the kitchen and custom joinery in the bathroom.&nbsp;

Fender Katsalidis has become the leading architecture practice in Australia since it was founded back in 1996. The now global firm is behind Australia 108 in Melbourne&rsquo;s Southbank, Herald apartments in Sydney&rsquo;s Newcastle, and a number of other ACT projects they collaborated with Geocon on, including High Society, Metropol and Nightfall.

[smartcode_project:default project_id=7947 project_image_fid=186456]

<h2>3. Revamped community in a sought-after location</h2>

Located at the heart of a vibrant new urban village in Canberra&rsquo;s rapidly awakening centre, WOVA is the beginning of a turning of a brand new page for Woden Valley.

There are dozens of cafes and eateries surrounding WOVA, beyond its own commercial and residential ground floor featuring eateries, cafes, boutique retail and convenience stores.

WOVA is in the geographic heart of Canberra, where convenience is within easy reach:

<ul>
	<li>5 minutes walk to Westfield Woden</li>
	<li>11 minute drive to Canberra City Centre</li>
	<li>14 minutes drive to Canberra Airport</li>
	<li>8 minutes drive to Lake Burley Griffin</li>
	<li>6 minutes drive to the Canberra Hospital</li>
	<li>2 minutes to Phillip swimming and ice skating center and Phillip oval</li>
	<li>2 minutes to the proposed stage 2 light rail</li>
</ul>

[smartcode_project:default project_id=7947 project_image_fid=186453]

<h2>4. Plenty of amenity</h2>

WOVA residents have access to an onsite lap pool, fitness studio and gym, as well as working spaces to make work from home simple, something especially important in COVID-troubled times.&nbsp;

There is also a cinema available which residents can book for private use.

Residents also have access to a number of entertaining areas, featuring lounge and dining facilities, as well as a rooftop terrace.

There&#39;s over 3,000 sqm of landscaped gardens across the precinct for residents to stroll through.

[smartcode_project:default project_id=7947 project_image_fid=186450]

<h2>5. Affordably priced apartments</h2>

One-bedroom apartments fall well within the new $500,000 stamp duty write-off bracket for off-the-plan apartments in the ACT.

Find out the pricing for each one, two and three bedroom WOVA apartment on the project listing.

[smartcode_project_cta: project_id=7947]

WOVA will host a revitalised residential and mixed-use community precinct set for completion in 2024

Five things Urban love about Geocon's WOVA apartments in Canberra

Piper Townhomes is a boutique collection of 14 modern, low-maintenance townhouses in the bayside suburb of Williamstown.&nbsp;

The terraces are&nbsp;just one part of AVJennings&#39; vision for Waterline Place, which they described as &ldquo;a village within a village&rdquo;. It will be home to around 500 residences across 14 apartment and townhouse developments, weaved among a sea of biophilic and pedestrian-friendly, streets and laneways.&nbsp;

[smartcode_project:default project_id=102256 project_image_fid=163753]

Piper comprises nine three-bedroom homes facing Nelson Place, starting from an extension of the neighbouring Lonsdale and Lysander townhomes. They will continue&nbsp;the bluestone and angled roofline theme that mimics traditional local cottages and industrial buildings of the past, to blend in with the established architectural character of the area.

The three-bedroom townhouses have been designed with young families and downsizers in mind, with extensive&nbsp;storage spaces, larger&nbsp;full-height windows, and a living area that opens out to a room-sized balcony.

The smaller mid-row terraces feature vertical zoning and a planned layout which allows for natural light.&nbsp;AVJennings said they were ideal for young couples wanting their first home, as well as being attractive to&nbsp;investors.

[smartcode_project:default project_id=102256 project_image_fid=163751]

Located within Hobson Bay, the area offers cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs.

Residents are also close to Williamstown, Williamstown Beach and Newport train stations and nine kilometres away from the city.

Piper Townhomes are&nbsp;expected to be completed by&nbsp;mid-2022.

[smartcode_project_cta: project_id=102256]

Comprising just 14 residences, it is just one part of AVJennings vision for Waterline Place which they described as “a village within a village”.

How the luxury Piper Townhomes fit in AVJennings Waterline Place community in Williamstown

Feehan Row terraces, part of the $2 billion Moonee Valley Park masterplan, have been designed by Rothelowman, who were inspired by the green landscapes of the local area.

The homes and terraces sit on the west side of the redevelopment next to the masterplan&rsquo;s first release, the Thomas Street apartment building.

They&nbsp;include Tote Park Homes, a collection of six three-bedroom houses on the doorstep of the 5,000 sqm Tote Park.&nbsp;Prices start from $1,445,000.&nbsp;

The Kenna St Collection fronts a tree-lined street with gated front courtyards, with three-bedrooms from $1,395,000.&nbsp;

The Mews Collection, Glenara Walk Terraces, and McPherson Street Residences, have all sold out.

[smartcode_project:default project_id=102580 project_image_fid=167427]

Feehan Row offers residents the whole green package, from parklands, bike paths, and walking trails to sporting fields, playgrounds and community spaces.&nbsp;

Each Rothelowman-designed home&nbsp;has a securely gated and individual entrance, with architecture inspired by historic Victorian terraces. Landscaped frontages and fringing greenery offer both privacy and seclusion.&nbsp;

The terraces have internal stair access throughout, but Hamton offers residents the choice to upgrade to a private lift for additional convenience.&nbsp;

Each kitchen is complete with contemporary finishes and storage space, while bedrooms and bathrooms are equipped with high-quality fittings and fixtures.

[smartcode_project:default project_id=102580 project_image_fid=167437]

Other features include secure, underground car parking for terraces or private garages for houses. Some garage spaces include bike racks and additional adjacent storage spaces that could make for an ideal wine cellar.

The heritage-inspired homes and terraces&nbsp;are bordered by the new Tote Park, the leafy corridor of Glenara Walk, and Poplar Garden.

Chris Hayton, principal for Rothelowman said that Feehan Row will establish a contemporary version of the grand Australian terraces &nbsp;&ndash; &nbsp;many of which can be found throughout the leafy suburb of Moonee Ponds.

&quot;We believe that residents will love living at Feehan Row because in addition to the timeless design of these homes, they can access a rich environment of amenities and parkland.&rdquo;

<a href="/new-townhouses/moonee-ponds-vic-3039"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moonee_valley_map.jpg" /></a>

[smartcode_project_cta: project_id=102580]

The homes and terraces sit on the east side of the redevelopment next to the masterplan’s first release, the Thomas Street apartment building

A green oasis: Spotlight on Feehan Row terraces at Moonee Valley Park

Thomas Street is the first apartment building within the $2 billion Moonee Valley Park master-plan, currently underway by property developer Hamton and financier HostPlus.

Rising six storeys, Thomas Street was designed by the award-winning Rothelowman, who partnered with Hamton for much of the residential work across the project, including Feehan Row, the terrace and house development in the master-plan&rsquo;s first release.

Rothelowman worked alongside interior design firm Mim Design and Tract Landscape Architects to unify the building&rsquo;s contemporary form and biophilic design elements to increase resident&rsquo;s connectivity to the natural environment.

[smartcode_project:default project_id=103179 project_image_fid=167492]

Thomas Street comprises 69 one, two and three bedroom residences.&nbsp;

All of the one-bedroom apartments have already been snapped up. The two-bedroom apartments start from $645,000 and three-bedroom apartments are priced from $1.05 million.

Thomas Street is situated in the heart of Moonee Ponds, a sought-after inner-city locale in Melbourne&rsquo;s north-west.

Apartments at Thomas Street offer large entertainer&rsquo;s kitchens with butler&rsquo;s pantries, private home office spaces and walk-in-robes in some apartments.&nbsp;

[smartcode_project:default project_id=103179 project_image_fid=167465]

The building also overlooks the leafy greenery of the peaceful Residents Garden. There&rsquo;s a lush vertical garden facade and green-laden outdoor areas perfect for entertaining and dining alfresco.

Form and finishes are united through contemporary detailing. A palette of ochre, merlot and pumice tones flow throughout and will blend with the future surrounding parkland.

[smartcode_project:default project_id=103179 project_image_fid=167465]

Thomas Street residents will have access to plenty of amenities and services including car charging stations and a dog wash station inside. Plus, within the nearby sister building, there is a lobby, concierge and delivery services on offer.

Residents and visitors will have access to Stonepine Square, a Mediterranean style piazza, as well as Cox Place, a dynamic village designed to fulfill convenience and lifestyle needs, from caf&eacute; culture to a social hot spot, business heart and wellness hub.

[smartcode_project:default project_id=103179 project_image_fid=167494]

The nearby Puckle Street offers an established lifestyle destination with abundant boutiques, eateries, and the shopping heart of Moonee Ponds Central.

Delivered in the stages following Thomas Street and Feehan Row, Hamton have kept mental health in mind with an optional wellness membership to access the future Wellness Sanctuary and gymnasium, as well as the sky pool with city and racetrack views.

The crowning Jewel of the Moonee Valley Park master-plan, the racing club known as The Valley. With a new grandstand, the Moonee Valley Racing Club aims to be the premier night racing venue and is already home to major races&nbsp;like the Cox Plate.

Thomas Street comprises 69 one, two and three bedroom residences

Thomas Street, Moonee Valley Park’s first apartment development, designed to connect to nature

Kew Schofields in Sydney&rsquo;s north-west has proven popular to first home buyers thanks to its balance of affordability and convenience.

Located in Sydney&rsquo;s fastest-growing region, the master-planned community from&nbsp;Positive Investment Enterprise&nbsp;offers&nbsp;2,700 sqm of retail space, parks and recreational facilities.

Positioned between Rouse Hill town centre and the future Schofields town centre, residents&nbsp;are within quick access of&nbsp;caf&eacute;s, restaurants and retail.

[smartcode_project:default project_id=32227 project_image_fid=93945]

Kew Schofields second stage,&nbsp;Georgette, follows on from the successful first release Rose Garden. Georgette has&nbsp;one-bedroom apartments from $440,000 and two beds from $535,000.

Designed by&nbsp;PBD Architects, the apartments feature&nbsp;large windows, abundant light and contemporary finishes.

Ground-floor apartments have private access to courtyards, while top-floor apartments enjoy north-facing views and an expansive rooftop terrace.

First home buyers and investors are buying with confidence given the infrastructure pipeline in the area and the nearby business centres.

Kew Schofields is being developed near the&nbsp;future Western Sydney Airport&nbsp;at Badgerys Creek and major employment hubs in Norwest and Marsden Park.

[smartcode_project:default project_id=32227 project_image_fid=93952]

Kew Schofields&nbsp;is also located nearby Berowra Valley National Park, lifestyle amenities and golf courses. &nbsp;

The two nearby train lines,&nbsp;Schofields&nbsp;and&nbsp;Tallawong, connect to the North Shore line, Richmond line and the Sydney CBD.

Located in Sydney’s fastest-growing region, the master-planned community itself offers 2,700 sqm of retail space, parks and recreational facilities just a stones throw away

What's within walking distance from Kew Schofields? Learn more about the new apartment development in Sydney's west

The location of Moorabbin&#39;s latest apartment development, Omnia, is attracting&nbsp;Melbourne CBD commuters who are&nbsp;seeking a more affordable property without compromising the proximity to the city.

The Shenfield Property development, around 20 kilometres south of Melbourne, is less than 500 metres from the Moorabbin train station, from there a short 20 minute commute into&nbsp;the Melbourne CBD.

Comprising 40&nbsp;one, two and three-bedroom configurations, the development features park frontage, energy-efficient design and north-facing aspects. The apartments sit in gardens&nbsp;created by Wallbrink Landscape Architecture.

[smartcode_project:default project_id=29048 project_image_fid=151677]

One-bedroom apartments start at&nbsp;as low as&nbsp;$465,000, with two-bedroom apartments priced&nbsp;from $645,000 and three-bedroom apartments from $875,000.

Designed by Roger Brayshaw Architects and Aldona Padjak, the apartments feature sophistication, open-plan living and a modern style.

Located in one of Melbourne&rsquo;s major suburbs, Omnia sits within a thriving community offering something for everyone.

[smartcode_project:default project_id=29048 project_image_fid=151675]

A wide range of schools, higher education, caf&eacute;s, shopping and numerous parks and reserves are at your doorstep, including RSEA Park &ndash; home of St Kilda Football Club.

Not far from Omnia is the convenient Highett shopping centre. Further down the Nepean Highway is a cluster of other convenient outlets and the Westfield Southland.

Dine at the nearby&nbsp;Le Feu Moorabbin GF and South Rd Burgers or travel slightly further afield to the Bad Shepherd Brewing Co. brewpub plus all the dining options on offer at the supercentres.

[smartcode_project:default project_id=29048 project_image_fid=80698]

All homes include plush carpet, engineered flooring and stone tiles, with elegant full-wall tiles in the bathrooms. Showers are fitted with matte black dual shower heads, and frameless walk-in shower glass. Double vanities feature circular basins, and floating cabinetry, with mirrored storage above.

The kitchens include concealed cabinetry, with glass splashbacks, matte black tapware and integrated appliances.

Living spaces are open, with adjoining north-facing balconies offering residents plenty of sunlight to enjoy throughout the day.

Located in close proximity to Moorabbin train station and local community facilities, Omnia is the latest development by Shenfield Property

Walking Tour: What's within walking distance of Shenfield Property's Omnia apartments in Moorabbin

Dahua Group recently completed their $300 million Hawthorn East apartment development Hawthorn Park, their biggest apartment development in Melbourne.

Designed by&nbsp;Rothelowman, the features a number of&nbsp;amenities, including Melbourne&rsquo;s first suspended sky pool, theatre rooms and a stunning sky lounge.&nbsp;Delivering a&nbsp;mix of 368&nbsp;one, two, three and four-bedroom townhome and apartment residences.

The tower also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo that bring the&nbsp;Hickory-constructed building to life.

[smartcode_project:default project_id=3730 project_image_fid=35253]

Hawthorn Park&rsquo;s striking 25 metre floating lap pool with glass bottom immediately catches the eye, acting almost as&nbsp;a bridge between two of the four buildings.

Rothelowman&nbsp;said it was the feature of the development they were most looking forward to seeing.

&ldquo;We were most excited about delivering the pool bridge as it is testament to our collaboration with the contractor&nbsp;Hickory&nbsp;Group and the consultant team, to realise a design which resolves many complex requirements,&rdquo;&nbsp;Rothelowman&rsquo;s Frances Hall said.

As well as the pool, Hawthorn Park features a fully-equipped gym with a yoga and meditation studio and massage suites, a sky lounge, hammock lounge, an indoor residents lounge and a garden pavilion.

Along with these amenities are plenty of bookable lounge and dining rooms with fully equipped chef&rsquo;s kitchen, and&nbsp;the sky pool which features windows and flooring to peer out underwater.

[smartcode_project:default project_id=3730 project_image_fid=35252]

One of Australia&rsquo;s leading landscape architects&nbsp;Jack Merlo&nbsp;created the central park and a series of garden spaces through Hawthorn Park. They are complete with&nbsp;outdoor areas boasting fruit and vegetable gardens where residents are invited to grow their own produce.

Every apartment has been&nbsp;fitted out with&nbsp;Gaggenau appliances and features floor to ceiling windows and large garden balconies, some offering&nbsp;views&nbsp;of the communal park.

Located in one of Melbourne&rsquo;s most&nbsp;blue chip suburbs, the Hawthorn East development is surrounded by heritage homes and buildings, cafes, boutiques and bars, as well as a well connected public transport system.

The major train and tram lines that provide services into the Melbourne CBD only six kilometres away.

Residents will be surrounded by nature by being within walking distance of Fritsch Holzer Park, and a cycle to the trail that lines the Yarra River.

[smartcode_project:default project_id=3730]

Dahua Group recently completed their $300 million Hawthorn East apartment development Hawthorn Park, their biggest apartment development in Melbourne

Melbourne's first suspended sky pool: A look at the amenities at Hawthorn Park in Hawthorn East

Last month the Victorian government ended their stamp duty concessions for off the plan and brand new apartments statewide.&nbsp;

They continue to offer savings for new apartments up to $1 million only in the Melbourne CBD, but those outside of the CBD will revert back to paying full stamp duty.

Discerning developers who are either constructing or have completed apartments outside of the City of Melbourne LGA have continued to offer the stamp duty concessions in an attempt to lure buyers.

The property developer Salta Properties is offering to stump up 50 per cent of stamp duty for buyers in their Abbotsford apartment development, Riverbank.

Buyers can save between $11,000 and $20,000 on stamp duty in the recently completed Victoria Street project on the banks of the Yarra River, less than four kilometres outside of the city. The concessions are on offer until 30th September 2021.

[smartcode_project:default project_id=4136 project_image_fid=156269]

One-bedroom apartments start from $505,000 and two-bedroom apartments from $740,000.

The nine-level building has been designed by SJB Architects and is finished with interiors by Sue Carr at Carr Design Group. It is one of two buildings at The Park House, each with their own amenities, with the adjoining Riverbend apartments part of the development.

&ldquo;Our intention was to create a space that had a true sense of home but also a memorable atmosphere,&rdquo; Sue Carr said.

&ldquo;We want the purchasers to feel a connection with the landscape.&rdquo;

[smartcode_project:default project_id=4136 project_image_fid=156385]

Each apartment has Gaggeneau appliances in the kitchen, engineered oak floors and marble-effect stone.&nbsp;

The sustainable 6+ energy rated development includes a number of resident only amenities, including a swimming pool, sauna and gym, cinema, a lounge and library space, meeting room, kids play hut, bike workshop and even a golf simulation room.

[smartcode_project_cta: project_id=4136]

Riverbank – The Park House is the latest completed development out of Salta Properties, one of few offering buyers stamp duty savings beyond the governments own which expired June 30.

Buyers offered 50% stamp duty savings at Salta Properties Riverbank apartments in Abbotsford

Coronation Property&rsquo;s latest master-planned apartment development, Mason &amp; Main, offers smart-designed apartments set above a brand&nbsp;new&nbsp;dining and fresh food marketplace.

Situated on Merrylands Road in West Sydney, the project offers a range of one, two and three-bedroom configurations with most apartments priced under $650,000.

Designed by Woods Bagot, Mason &amp; Main is packed with amenity inside as well as those scattered in the master-planned community and wider area.

[smartcode_project:default project_id=31751 project_image_fid=160996]

Apartments at Mason &amp; Main are filled with natural light&nbsp;featuring large balconies and terraces enjoying vistas to the Blue Mountains and the CBD.

The main bedroom, living, dining, and balcony all have&nbsp;a direct northerly aspect with most apartments including&nbsp;large multipurpose rooms, maximising owner occupier flexibility. These rooms enjoy natural light, custom joinery, and the ability to be completely closed off, ideal for working from home, or for setting up a guest bedroom or nursery.

Apartment finishes in Mason &amp; Main come in two distinct colour schemes.

[smartcode_project:default project_id=31751 project_image_fid=160999]

Mason &amp; Main offers a green roof, communal amenities and public space on the ground floor with commercial premises, constructed by MN Builders

Residential facilities are available&nbsp;on the resident-only resort level, including a pool with day beds, a gym, lush garden cabanas, and barbecue&nbsp;areas.

Merrylands is known for its eclectic mix of places to eat and shop, and is just&nbsp;three&nbsp;kilometres from the&nbsp;Parramatta CBD.

School and learning facilities nearby include&nbsp;Key College,&nbsp;Merrylands Public School,&nbsp;Merrylands High School and Granville Boys High School.

[smartcode_project:default project_id=31751 project_image_fid=161007]

The project has received a large response from locals and first home buyers, with studio&#39;s priced from $395,000 and one-bedrooms from $500,000.

Two bedders start at $564,000&nbsp;and 3 bedders at $879,000.

[smartcode_project_cta: project_id=31751]

Coronation Property’s latest master-planned apartment development, Mason & Main, offers smart-designed apartments set above a brand new dining and fresh food marketplace

Discover Mason & Main: The new apartment development to take shape in Merrylands, NSW

Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

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The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

[smartcode_project_cta:default project_id=152579]

Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

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“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

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From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

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Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

Jordan Fidler

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