Buyers interested in Richmond&rsquo;s latest project, Gramercy Terraces, have been advised they may &ldquo;miss out&rdquo; as only two townhouses remain in the successful Lendlease development.

Gramercy Terraces is a new boutique offering composed of freehold three and four-bedroom terrace homes, in the desirable eastern pocket of Richmond.

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&ldquo;Enjoy the perfect harmony of inner-city living and leafy tree-lined streets, in a home with refined contemporary finishes inspired by its industrial heritage&rdquo;, the developers said.

The elegant development boasts Miele appliances, artisan tapware, Italian stone, tiles, pavers, and a designer light pendant artistically suspended over an expansive stone kitchen island bench.

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Designed by one of Melbourne&rsquo;s most renowned architects, Bates Smart, each terrace has been meticulously designed.

Through spacious floorplans and playful shapes, an abundance of natural light beckons from one space to the next thanks to extensive skylights.

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The floating timber central staircase brings warmth into the centre of the home and offers the feeling of unrivalled space.

Families will appreciate the choice of quality education within close range, including Melbourne Girls College, Melbourne High School, St Catherine&rsquo;s School and Hawthorn West Primary School.

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Significant stamp duty savings are currently available for eligible buyers.

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Significant stamp duty savings are currently available for eligible buyers. 

max.kwok_55688

Only two townhouses remain at Lendlease’s new Gramercy Terraces in Richmond

Richmond is renowned for its many lifestyle offerings and Lendlease&rsquo;s new townhouse development, Gramercy Terraces, is within a short walk from all of them.

Located just four kilometres from the heart of Melbourne, Richmond is known for its Swan Street dining scene, walking trails along the Yarra and the shopping of nearby Hawthorn.

Gramercy, which is situated at 38 Bendigo Street, builds upon the multi-generational precinct&rsquo;s rich cultural history.

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Constructed in 1908, the original building was home to the Wertheim Piano Factory, the brand of choice for several famous performers of the time, including Australian operatic soprano, Dame Nellie Melba.

Around 18,000 pianos were manufactured at the site before the onset of the Great Depression in 1935.

With a history spanning the industries of music, food and entertainment, the site was reinvented by another icon, Channel Nine Studios, at the advent of television.

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GTV 9 was Melbourne&rsquo;s second commercial station, dubbed &lsquo;Television City&rsquo;, an homage to CBS&rsquo; famous studio in the US which went by the same name.

Some of Australia&rsquo;s most iconic television shows there up until 2010, including The Don Lane Show, Hey Hey It&rsquo;s Saturday and Who Wants To Be A Millionaire. 

Gramercy Terraces&rsquo; namesake is a nod to music legends and the rich musical history of the site.

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&ldquo;[Grammercy is] not just a name, but a word synonymous with music greats and a grand Manhattan hotel with an inspiring rooftop terrace vibe&rdquo;, Lendlease said.

Grammercy is an independent record label, while New York&rsquo;s Gramercy Park Hotel has played host to music legends from Bob Dylan to Bob Marley and features a notable rooftop terrace perfect for inspiring alfresco entertaining.

Meticulously designed by award-winning architects Bates Smart, Richmond&rsquo;s Gramercy Terrace also boasts an alfresco lifestyle with outdoor terraces and balconies.

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The two and three-bedroom freehold townhomes deliver a grand sense of space, complimented by bespoke details and sensible design.

Ideal for growing families, homes include spacious floorplans and study nooks and reside on quiet, leafy tree-lined streets.

Families will appreciate the choice of quality education within close range, including Hawthorn West Primary School and Melbourne Girls College.

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Richmond&rsquo;s gems are hidden around every corner, with up-and-coming restaurants, art at Charles Nordrum gallery and walking trails along the riverbank.

Burnley Station, tram services and free-ways are all easily accessible adding to life&rsquo;s conveniences.

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Gramercy, which is situated at 38 Bendigo Street, builds upon the multi-generational precinct’s rich cultural history. 

The rhythm of Richmond: Discover the development positioned to make the most of Richmond life

Only two new terrace homes remain at Lendlease&rsquo;s latest Richmond development, Gramercy Terraces.

The three and four-bedroom freehold homes are designed to deliver grand floorplans and refined contemporary finishes, inspired by Richmond&rsquo;s industry heritage.

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Set on a leafy tree-lined street, the site is&nbsp;of significant cultural history, formerly home to the Wertheim Piano Factory, Heinz and, until 2010, Channel Nine Studios.

Just four kilometres from the heart of Melbourne, Gramercy delivers convenient living and a variety of local amenity, from shopping, food and the vibrant natural offerings of the neighbourhood.

Urban takes a look at three of the featured floorplans still available at the Richmond project.

1. 21 Khartoum Street

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This four-bedroom, three-bathroom home is amongst the largest still available at the Gramery Terraces development.

Boasting a total area of 343sqm, the four-storey home includes two car spaces, built-in robes, four balconies and a terrace.

The home includes Miele appliances, artisan tapware, Italian stone, tiles, pavers, and a designer Jean Francois D&rsquo; light pendant artistically suspended over an expansive stone kitchen island bench.

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The master-bedroom sits on its own floor on the top level of the townhome, featuring an ensuite, walk-in robe, north-facing balcony

2. 6A Khartoum Street

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The last townhome available with a tranquil backyard and a second living space, 6A Khartoum Street features a unique floorplan.

Designed by Bates Smart, this home features oversized living spaces, three bedrooms and three bathrooms, set over a total area of 275sqm.

An open-plan living, kitchen and dining area welcomes residents home, extending into an alfresco terrace and backyard with in-ground rain water collection.

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The home comes with a one-car garage, two balconies and two bedrooms that boast an ensuite and balcony.

3. 11 Khartoum Street

The largest home still available, 11 Khartoum Street boasts four bedrooms and three bathrooms over a total area of 358sqm.

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Thoughtfully crafted and inviting, the new home includes a lift and is a sanctuary designed around peaceful outdoor areas that offer a tranquil respite in the hum of the city.

Enhancing the sense of space, it is the only design with three different aspect views thanks to its sought-after corner position.

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The home boasts a study nook, walk-in robes, open-plan living, kitchen and dining, and built-in barbeque area on one of the five balconies.

[smartcode_project_cta: project_id=95458]

Urban takes a look at three of the featured floorplans still available at the Richmond project

Floorplan focus: The last available townhouse configurations at Richmond’s Gramercy Terraces

Armadale, located in Melbourne&rsquo;s inner south-east, is located in the heart of one of the city&rsquo;s most exclusive areas.

Possessing&nbsp;great shopping on High Street and the largest concentrated area of recognised art and antique galleries anywhere in Australia, Armadale&nbsp;provides numerous premium retail, dining and lifestyle choices to its residents.

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Bensons Property Group&rsquo;s apartment building, Chronicle, which homes just 31 apartments, is located central to it all at 948-960 High Street.

The refined homes suit modern lifestyles and discerning tastes, with flexible floorplans, intelligent design, and ageless style.

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At Chronicle, each day is welcomed looking through expansive windows out over Armadale.

One of Melbourne&rsquo;s most established residential neighbourhoods, walking through the leafy tree-lined streets boast historic character and heritage charm.

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Afterall, Armadale is known for its grand architecture, leading private schools and premier shopping.

The vibrant streets of St Kilda and the bustling CBD are also not far from home, with trains and trams on the doorstep providing easy access to local amenity.

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According to SQM Research, the gross rental yield for units in Armadale is 2.9 per cent.

The final home available to buyers is a three-bedroom, two-bathroom residence, situated on the third floor.

Set over a total area of 116sqm, the third-floor apartment includes an open-plan living and kitchen, built-in robes and a balcony.

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Armadale, located in Melbourne’s inner south-east, is located in the heart of the city’s most exclusive area

Enjoy the Armadale lifestyle: The local amenity on offer to Chronicle residents

Chronicle Armadale is a collection of just 31 three-bedroom residences, located on the dress circle&nbsp;High Street and set&nbsp;in one of Melbourne&rsquo;s most established retail and lifestyle destinations.

Apartment 304 is the last remaining three-bedroom apartment available&nbsp;in the refined development, boasting an intelligent floorplan and flexible spaces.

Delivered by Bensons Property Group, Chronicle has a strong sense of composition, with flexibility and expression.

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&ldquo;From the beginning, Chronicle has been inspired by movement. The same concepts which form classical dance &ndash; grace, poise, strength, tradition, beauty &ndash; have driven us to craft new homes of rare beauty&rdquo;, Bensons&rsquo; Rick Curtis said.

The apartment presents an elegant aesthetic, with the use of sliding panels for flexibility, energy efficient initiatives and stylishly appointed interiors.

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Set over a total area of 116sqm, the third-floor apartment includes two bathrooms, an open-plan living and kitchen, built-in robes and a balcony.

The carefully selected interior palette includes elegant materials and textures inspired by copper and herringbone.

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In the kitchen, integrated Miele appliances are complemented by stone benchtops, a beautiful splashback and fine, 2 pac gloss-finished cabinetry.

Although Melbourne&rsquo;s dining scene is internationally renowned, staying home at Chronicle is also an attractive option, thanks to considered residences, abundant light and a feeling of relaxation.

[smartcode_project_cta: project_id=2845]

Delivered by Bensons Property Group, Chronicle boasts a strong sense of composition, with flexibility and expression

A look inside Apartment 304: The last remaining residence at Armadale’s Chronicle by Bensons Property Group

Boasting communal amenities and a vibrant community feel, Box Hill is an area with its residents&rsquo; best interests at heart.

R&amp;F Property&rsquo;s latest multi-residential development, Prospect Apartments, is ideally located in this fast-growing melting pot suburb.

Box Hill features a sensational multicultural food scene, hosting almost every cuisine imaginable in restaurant form.

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&ldquo;However, it is Asian food that rules this suburb&rdquo;, R&amp;F Property said. An impressive collection of restaurants rivals that of the CBD and Chinatown.

A short walk from Prospect is Box Hill Gardens, the recreational epicentre of the East Melbourne suburb, including playgrounds, cricket pitch and barbeque facilities.

This once quaint suburb has evolved and is constantly on the move, described as thriving and cosmopolitan, yet homely, with couples and families making up 37.7 per cent of the suburb&rsquo;s demographics, according to REA.

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Box Hill has become a major educational destination thanks to easy access to the freeway and endless public transport options.

It hosts Deakin University and the Box Hill Institute, as well as primary and secondary offerings.

The suburb also offers great investment opportunities, with weekly asking property prices on two-bedroom rising 8.1 per cent in the last quarter alone, according to SQM Research.

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Prospect Apartments delivers discerning buyers the choice to enjoy hotel-style living experiences amongst this diverse community.

The collection of 193 residences is a clean addition to Box Hill&rsquo;s skyline. Designed by Hayball, the exterior boasts an elegant and refined form with a poised glass fa&ccedil;ade.

Each apartment offers residents a choice between an East Scheme and West Scheme, each offering unique design perspectives that present a calming family space.

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Among the project&rsquo;s numerous amenities includes a porte-coch&egrave;rre, pool gym and concierge service.

Prospect is expected to reach completion in 2022.

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Boasting communal amenities and a vibrant community feel, Box Hill is an area with its residents’ best interests at heart

Rich in diversity and community spirit: Find your way to Melbourne’s Box Hill

With hotel-style amenities, a vibrant community and contemporary design,&nbsp;Prospect Apartments in Box Hill&nbsp;provides the ideal location for a new home.&nbsp;

Situated at 9 Prospect Street,&nbsp;the development is one of&nbsp;R&amp;F Property&rsquo;s latest multi-residential projects.&nbsp;

Boasting a collection of 193 apartments in one, two and three-bedroom configurations, Prospect seamlessly blends two cultures to create an inviting residential community.

Urban takes a look at six of Prospect&rsquo;s top selling points.

1. Stunning views of Melbourne&rsquo;s CBD and Dandenong ranges

[smartcode_project:default project_id=3516 project_image_fid=153753]

With a poised glass exterior, Prospect&rsquo;s floor-to-ceiling windows are not just a clean addition to the Box Hill skyline but offer residents stunning views.

Lookouts to Melbourne&rsquo;s CBD and the Dandenong rangers bring feelings of transformation and rejuvenation.

With terraces and balconies promoting engagement with the outdoors, residents can enjoy abundant natural light, ample vegetation and entertaining space.

2. Resident-only access to luxury amenities

[smartcode_project:default project_id=3516 project_image_fid=153761]

A range of five-star amenities are on offer at Prospect, available exclusively to residents to deliver convenience amid a hotel-style living experience.

The development welcomes you home with an inviting porte-coch&egrave;re on entry, giving way to the tower&rsquo;s apartments and communal amenities.

Among the numerous facilities include an indoor pool, gym, outdoor entertainment area, a large dining room and kitchen, and a barbeque area.

Other features that will deliver comfort and luxury is a scope of services, such as house cleaning, couriering and event coordinating.

3. Spacious living areas and generous storage

[smartcode_project:default project_id=3516 project_image_fid=153756]

The strong form of the exterior softens into homely, bespoke interiors, featuring a warm palette that surrounds residents.

&ldquo;Thoughtful apartment layouts are driven by liveability and maximise internal apartment amenity&rdquo;, the project marketing reads.

Generous storage options and spacious living areas deliver comfort and ease, with built-in robes, pantry, and laundry space.

4. High-quality finishes 

[smartcode_project:default project_id=3516 project_image_fid=153757]

Harmonising western and eastern styles, Prospect comprises a range of premium and calm finishes.

The development boasts European appliances, throughout, as well as reconstituted stone benchtops in the kitchen and engineered timber flooring.

The Western Scheme, inspired by Nordic design, includes a bathroom feature wall, white powder coat feature steelwork, and white matte wall tiles in the bathroom.

Grey matte wall tiles, brass feature steelwork and timber laminate joinery panels feature in residences with the Eastern Scheme, based on the Asian continent.

Dark compositions of stones and timber are designed to reflect traditional Chinese mahogany furniture.

5. Short walk from great local offerings 

[smartcode_project:default project_id=3516 project_image_fid=153760]

&ldquo;An established locale, Box Hill represents both Eastern familiarity and metropolitan vivacity&rdquo;, the developers noted.

Prospect Apartments is located within arm&rsquo;s reach of a culturally rich dining scene, leading educational facilities, hospitals, shopping centres, public transport and the famed CBD.

The impressive collection of restaurants in Box Hill rivals that of the CBD and Chinatown, with authentic dishes abound.

6. Designed by renowned architects

[smartcode_project:default project_id=3516 project_image_fid=153752]

Thoughtfully conceived by the architectural visionaries at Hayball, the Box Hill tower delivers contemporary design and hotel-style living to residents.

Hayball is an architecture, interior design and urban design practice with offices across Australia, known for establishing new a new precedent for multi-residential developments.

The practice has received countless awards across its numerous commercial, educational, multi-residential and masterplanned developments.

[smartcode_project_cta: project_id=3516]

With hotel-style amenities, a vibrant community and contemporary design, Prospect Apartments in Box Hill provides the ideal location for a new home

The six top selling points of R&F Property's Prospect Apartments in Box Hill

R&amp;F Property offers a range of significant buyer incentives on one, two and three-bedroom apartments in its brand-new Box Hill development.

Residing on Prospect Street, Prospect Apartments is a new residential community that boasts an elegant design and unmatched inner-city convenience.

The collection of 193 residences is a clean addition to Box Hill&rsquo;s skyline. Designed by Hayball, the exterior boasts an elegant and refined form with a poised glass fa&ccedil;ade.

[smartcode_project:default project_id=3516 project_image_fid=153753]

&ldquo;The strong architecture softens into homely, bespoke interiors, as a warm palette surrounds residents&rdquo;, Hayball say.

Each apartment offers residents a choice between an East Scheme, featuring timber and stone to reflect traditional Chinese design, and the West Scheme, inspired by Nordic design.

Seamlessly blending two cultures to create an inviting and familiar way of life, apartments are driven by liveability.

[smartcode_project:default project_id=3516 project_image_fid=153762]

Among the project&rsquo;s numerous amenities includes a porte-coch&egrave;rre, pool gym and concierge service.

Floor-to-ceiling windows boast views of the Melbourne CBD and Dandenongs, and a culturally rich dining scene is within walking distance.

&ldquo;In line with Prospect, this area of Melbourne reflects a seamless marriage of Eastern and Western culture, seen throughout the scope of lifestyle.&rdquo;

[smartcode_project:default project_id=3516 project_image_fid=153756]

Box Hill&rsquo;s broader amenities include leading educational facilities, hospitals, shopping centres and green spaces.

The $20,000 developer bonus on selected apartments is only available for a limited time.

Estimated to reach completion in 2022, a recent construction update revealed that the form, reo and pour of levels 14, 15, 16 and 17 was completed throughout June and July. There are&nbsp;

[smartcode_project_cta: project_id=3516]

Residing on Prospect Street, Prospect Apartments is a new residential community that boasts an elegant design and unmatched inner-city convenience

Buyers can save $20,000 on selected Box Hill apartments at R&F Property’s Prospect

The 2032 Brisbane Olympics will not only deliver an economic boost to trade and tourism but is set to have a big impact on the local property market, according to one economist.

PRD Research chief economist, Dr Diaswati Mardiasmo, has predicted that Brisbane&rsquo;s median house price could increase to $1.7 million by 2023, 2.5 times its current median of $674,738.

The forecast by PRD Research was reached using historical data of house prices following two global events hosted in Brisbane, the World Expo in 1988 and the G20 Summit in 2014.

<img alt="" height="628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bide-21-longland-street-newstead-f94e8b1acc183d4e31ebc002ecefc8ef.png" width="1200" />

In the 11 years prior to Expo 88, the Brisbane LGA median house price grew by 278.8 per cent and prices in South Bank and its surrounding suburbs grew by an average 335.3 per cent.

In the year following, house prices grew by a further 29.7 per cent in Brisbane and 19.1 per cent in South Bank and nearby suburbs.

A similar trend unfolded when the city hosted the 2014 G20 Brisbane Summit with property prices surging 112 per cent in Brisbane and 116 per cent in South Bank in the decade before the event.

&ldquo;[H]osting both Expo 1988 and G20 Summit has served the Brisbane property market well,&rdquo; Dr Mardiasmo said.

Applying the same level of growth seen in these events, PRD Research predicts Brisbane&#39;s median house price to rise to $1.7 million by 2033, a year after the Olympics.

Dr Mardiasmo noted there were differences in the pace of property growth in past events, but even going at &ldquo;half-strength&rdquo;, the median house price would reach $1.2 million by 2033.

&quot;The prospect of a $1 million median house price for Brisbane is a real possibility.&quot;

Research by KPMG predicts that hosting the 2032 Games will deliver $8.1 billion in benefits to Queensland including a $4.6 billion economic boost to tourism and trade and $3.5 billion in social improvements such as health, volunteering and community benefits.

Urban takes a look at three residences you could secure in Brisbane to get ahead of the trends.

1. Bide, Newstead 
Developer: Dibcorp Properties 
Two-bedroom apartments from $635,000

[smartcode_project:default project_id=102309 project_image_fid=163979]

Bide is a new residential offering nestled in the heart of Newstead, offering 89 residences.

Designed in collaboration between architects Twohill &amp; James, Lat27 and Wiltshire Stevens Architecture, each apartment has rethought residential living.

&ldquo;Bide embodies the belief that the spaces we inhabit are essential to a balanced life&rdquo;, the project marketing reads.

[smartcode_project:default project_id=102309 project_image_fid=163974]

Among its features include large spacious apartments, open-plan living and dining, balcony space and a study nook in some apartments for working from home.

2. Queens Wharf Residences, Brisbane 
Developer:&nbsp;Far East Consortium 
One-bedroom apartments from $565,000

[smartcode_project:default project_id=13276 project_image_fid=80720]

Situated in Brisbane&rsquo;s historical heart, Queens Wharf Residences&rsquo; atrium entrance on George Street directly connects the CBD through to the riverfront.

The precinct will feature iconic contemporary architecture alongside a collection of beautifully restored heritage buildings, including the Brisbane Printing Office.

The one, two and three-bedroom residences at Queen&rsquo;s Wharf have been curated by&nbsp;Cottee Parker&nbsp;to deliver the most to its residents.

[smartcode_project:default project_id=13276 project_image_fid=80722]

Each apartment features winter gardens with lift and tilt windows, as well as feature views of the city, Botanic Garden or city views.

3. The Coterie, Fortitude Valley 
Developer: Vicland Property Group 
Two-bedroom apartments from $536,080

[smartcode_project:default project_id=6257 project_image_fid=141423]

Vicland Property Group&rsquo;s two breathtaking apartment buildings at Fortitude Valley offers a modern-day sanctuary in an energised urban village.

A prestigious collaboration by&nbsp;Rothelowman&nbsp;and&nbsp;Bruce Henderson&nbsp;Architects delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings.

&ldquo;Designer touches are apparent in every space with the refined treatment of contemporary polished surfaces, textural finishes and confident, monochromatic highlights&rdquo;, the project marketing reads.

[smartcode_project:default project_id=6257 project_image_fid=141415]

With limited apartments remaining, and only 1.5-kilometres from Brisbane&rsquo;s CBD, The Coterie is not one to miss.

The forecast by PRD Research was reached using historical data of house prices following two global events hosted in Brisbane, the World Expo in 1988 and the G20 Summit in 2014. 

Olympics to grow Brisbane median house price 2.5 times current levels, economist says

Developers have seen an increased demand in residential and mixed-use developments that feature a unique offering that buyers may not find elsewhere.

There&#39;s a wave of new developments which border some of Australia&#39;s most popular racetracks. The residences, all part of a wider mini-masterplan community on the undeveloped land, deliver an amenity-rich lifestyle for owner-occupiers, and have discerning investors interested in the potential windfall rental income due to its location.

Urban takes a look at five projects located close-by or on some of the country&rsquo;s most well-known horse racing tracks.

1. Thomas Street, Moonee Ponds 
Developer: Hamton 
Two-bedroom apartments from $645,000

[smartcode_project:default project_id=103179 project_image_fid=167493]

Thomas Street residents will have access to a resort-like rooftop pool and deck that will overlook the city skyline and Moonee Valley Racecourse.

Situated in Moonee Ponds, the project unifies contemporary forms with a distinct design with timeless interiors by Mim Design and a natural palette.

[smartcode_project:default project_id=103179 project_image_fid=167471]

Designed by Rothelowman, other amenities on offer include a wellness sanctuary with outdoor deck and grassed area, Stonepine Square, an idyllic gathering place surrounded by shady pergolas and a dog wash station. &nbsp;

2. Feehan Row, Moonee Ponds 
Developer: Hamton 
Three-bedroom townhouses from $1,195,000

[smartcode_project:default project_id=102580 project_image_fid=167439]

Botanical green spaces form the cornerstone of Hamton&rsquo;s Feehan Row, with walking trails, sporting fields and green community spaces.

The development, part of the masterplan which also includes Thomas St,&nbsp;was inspired by the historic nature of the site, originally Feehan&rsquo;s Farm leased by W.S. Cox in 1992 for use as a racecourse.

Each home has an individualised entry that makes a statement, delivering a modern interpretation of a Victorian terrace, designed by Rothelowman and Tract Landscape Architects.

[smartcode_project:default project_id=102580 project_image_fid=167425]

&ldquo;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;, said Rothelowman principal Chris Hayton.

3. Newmarket Residences, Randwick 
Developer: Cbus Property 
Floorplan available upon request

[smartcode_project:default project_id=7591 project_image_fid=77904]

At the centre of Sydney&rsquo;s horse racing culture, Newmarket Residences boasts two eight-storey apartment buildings that will sit above a vibrant retail plaza in Randwick.

Located at the site of the racing&rsquo;s Inglis family&rsquo;s Newmarket Stables, purchased in 1917, the development provides a direct pedestrian connection to the heritage stables.

Designed by Bates Smart, the homes and apartments boast considered details, indoor and outdoor living, classic tones and handcrafted finishes.

[smartcode_project:default project_id=7591 project_image_fid=77908]

The five-hectare site will include a playground, 5,000sqm of parkland, 2,300sqm of retail and 642 apartments and terraces.

4. The Ascot, Flemington 
Developer: Blue Earth Group 
Two-bedroom apartments from $639,000

[smartcode_project:default project_id=4739 project_image_fid=169154]

Just a short walk from the fabled Flemington Racecourse, the Ascot is a brand-new residence boasting 146 apartments across two buildings.

Boasting the best of a vibrant inner-city neighbourhood, the CHT Architects-designed project is full of historic charm and an array of high-quality amenities and services.

[smartcode_project:default project_id=4739 project_image_fid=169155]

The development features landscaped multi-purpose gardens, curated by Jack Merlo, and is located just four-kilometres away from the Melbourne CBD.

5. Ascot Green, Eagle Farm 
Developer: Mirvac 
[smartcode_project:default project_id=27556 project_image_fid=71309]

Having sold out the first two residential stages of their Ascot Green development flanking the Eagle Park Racecourse in Brisbane, the ASX-listed developer&nbsp;Mirvac&nbsp;has lodged plans for its third stage.

The third, subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

Overlooking some of Australia’s best-known racecourses, these residences deliver an amenity-rich lifestyle for owner-occupiers and, for investors, the potential for holiday rentals.

Five apartments and townhouses being built alongside Australia’s best-known racecourses

<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

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“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

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Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

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Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

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Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

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Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

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The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

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Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

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Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

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Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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Max Kwok

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