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Low mortgage rates, a swift economic recovery, which has spurred consumer sentiment, and low listing volumes have catapulted national housing values to new record highs. At the end of March, the CoreLogic national home value index increased a further 2.8%, placing values 5.6% above the previous market peak in October 2017. The combined value of Australian dwellings hit $7.9 trillion dollars over the month, according to CoreLogic. This cements residential property as an extremely large and important asset class.

Comparing current capital city values with previous peaks adds some perspective to the current upswing – particularly in Perth and Darwin, where values remain substantially below their record highs from 2014. It also highlights the very different dynamics across capital cities – such as in the ACT, where dwelling values have hit a new record high every month for 19 months.

The following charts plot the change in capital city dwelling values from previous peaks, and the number of months it has taken for values to surpass the previous peak. The subsequent downturn and recovery trends vary, and are unpacked below.  
 

 

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<h2>Sydney</h2>

Sydney dwelling values took 44 months to reach a new record high value. While values have lifted a relatively high 8.1% since the COVID-induced decline (which bottomed out in September 2020), the total value of the dwelling market is actually only 2.6% higher than the previous peak, which was in July of 2017. 

In 2017, a property price downturn was likely catalysed by changes to lending conditions. Cash rate reductions, along with a relaxation in borrower serviceability assessment rules, spurred the start of a recovery trend through 2019. COVID-19 interrupted this upswing, but a recovery in economic conditions, and increased consumer confidence, has pushed values above the previous peak.  
 

<h2>Melbourne</h2>

Melbourne dwelling values reached a peak in March 2020, after staging a recovery from the earlier 11.1% drop in values between late 2017 and mid-2019. However, the Melbourne housing market was the most impacted of any capital city by COVID-19, due to extended social distancing restrictions through 2020, and a particularly high exposure to overseas migration as a source of housing demand.  Closed borders created a negative shock, with a more significant and direct impact on inner city rental demand. Since bottoming out in October 2020, as stage 4 lockdowns began to ease, Melbourne dwelling values have climbed 0.7% above the pre-COVID high. 

As the value of Melbourne housing nudges over its previous peak, it is worth noting the market has not recovered evenly. House values remain -1.8% below the previous November 2017 high due to a larger correction through the recent downturns. Within different price segments, there is also variation. As of March, the ‘high’ end of the market (measured as the top 25% of values in Melbourne) was still -4.0% below its record high, which was in October 2017. Meanwhile, low and middle tier values have increased beyond their pre-COVID highs by 4.9% and 2.2% respectively, reflecting a smaller decline turn recent downturns, as well as strong demand from first home buyers who typically target properties around the middle-to-lower end of the market.  
 

<h2>Brisbane</h2>

Brisbane dwelling values are sitting 6.5% above the previous peak, which was in April 2020. Market values saw a peak-to-trough decline of -0.9% through COVID-19. The decline lasted just 4 months, before Brisbane dwelling values recovered to a new record high by October 2020.

As with Melbourne, the recovery in the Brisbane market has been varied. While house values climbed 7.6% above the previous peak through March, which was reached in May of 2020, unit values remain -9.4% below the record high value, which was in March 2010.  Brisbane unit values are currently at similar levels as October 2007, reflecting a very affordable entry point to the market.

The weaker conditions across the unit sector are likely due to previously high levels of unit completions keeping values subdued, particularly in the later part of the 2010s. ABS dwelling completion data saw unit completions across Queensland rise 50.4% in the 5 years to September 2020, compared with a 17.4% uplift in house completions. However, strong internal migration flows to south-east Queensland, as well as other tailwinds for housing demand more broadly, has supported 5 consecutive months of growth in Brisbane unit values since November 2020. 
 

<h2>Adelaide</h2>

The Adelaide dwelling market was one of the least affected through COVID-19 in terms of values. Following a -0.2% dip from the previous high in May 2020, values had surpassed the previous peak by September last year. The rate of change in dwelling values jumped to a monthly increase of 1.5% over March 2021, which is the highest monthly growth rate seen across the city since December 2007. Both house and unit values across Adelaide are currently sitting at a record high. Although housing values are reaching new highs each month, relative to the larger capital cities, Adelaide housing values remain low. 
 

<h2>Perth</h2>

The CoreLogic home value index for Perth shows values -15.9% below the record high, which was in June 2014. The peak-to-trough decline, which was induced by the rapid withdrawal of mining investment, employment opportunity and migration, lasted around 67 months. As the market started to recover in mid-2019, COVID-19 created an additional, negative shock, which pushed values down a further -2.2% between April and July of 2020. However, the Perth dwelling market has seen consecutive increases in value for the past 8 months. For the past 5 months, value increases have exceeded 1% a month, which is a strong growth rate and signals the start of what may be a sustained and rapid recovery. This coincides with rising interstate migration levels to Western Australia, and projected increases in already rising mining investment. Hobart

Hobart has seen the second-highest uplift in housing values from the previous peak, at 12.3%. The previous peak in dwelling values was at February 2020, before a brief, COVID-induced decline in total dwelling values of just -0.3%. Hobart dwelling values have seen extraordinarily strong growth, with the annualised capital growth return sitting at 9.4% for a 5 year period (+56.3% over the past five years). ABS building activity data suggests house commencements were 32.8% above the decade average through the September 2020 quarter in Tasmania. Combined with affordability constraints, additional stock should work to ease growth rates across the region in the coming months.  
 

<h2>Darwin</h2>

Darwin dwelling values are the furthest from the previous peak of the capital city markets. A record high was reached across Darwin dwellings in May 2014. Similar to Perth, a decline in the resources related infrastructure sector saw a substantial decline in housing values, with the peak-to-trough fall extending to February 2020, at -32.7%. Since February 2020 however, Darwin dwelling values have increased 16.5% through to March 2021 which is the fastest growth rate amongst the capitals. This leaves values -21.6% below the record high, and shows the Darwin dwelling market firmly in a recovery trend.   
 

<h2>ACT</h2>

ACT dwelling values at the end of March were 16.9% higher than the previous peak, which was in April 2019. Following a -1.5% peak-to-trough decline, ACT dwelling values had recovered by September 2019, and have hit a new record high each month since. Rapid dwelling value growth across the capital has largely been driven by house values, which are 19.7% above the previous high in April 2019, compared with a 7.2% uplift in unit values since the previous high. Part of the strength in ACT dwelling value returns have been due to relatively high incomes across the Territory, along with resilient labour market performance through COVID-19. However, the fact that dwelling values have surged almost 17% in less than two years, highlights an increasing barrier to ownership for future first home buyer cohorts. 

 

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See more: Properties ideal for investors

[smartcode_project:default project_id=3494]

[smartcode_project:default project_id=90553]

[smartcode_project:default project_id=6201]

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The combined value of Australian dwellings hit $7.9 trillion dollars over the month, according to CoreLogic, cementing residential property as an extremely important asset class

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How do dwelling values compare with previous highs? Eliza Owen

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Expected to outperform in 2021, Perth has been lauded by industry experts as a strong market to invest in.

The latest insights from leading economists point to booming conditions in Perth, where vacancies are low and there is upward pressure on rents.

According to Herron Todd White’s Chris Hinchliffe, the $500,000 to $1.5 million price range in established suburbs will be a key market segment to watch in the WA capital.

"The owner-occupier market has been very hot lately and it will be interesting to see what it does over the next 12 months as investors also re-enter the market," he said.

The capital city is experiencing a decline in listing volumes, with sales listings hitting a 10-year low in February, according to REIWA data.

With strong demand looking like it may swamp market supply, Urban takes a look at four new Perth apartments that you can secure via Urban today.

1. Shenton Quarter, Shenton Park 6008 
Address: Corner of Selby Street and Seymour Avenue, Shenton Park WA 
Two-bedroom apartments from $580,000

[smartcode_project:default project_id=26734]

Developed by Iris Residential, Shenton Quarter delivers 157 light-filled apartments in one, two and three-bedroom configurations in the sought-after Montario Quarter Estate.

The $140 million mixed-use residential and retail development, designed by Cameron Chisholm Nicol, features spacious balconies and terraces and high ceilings and offers outstanding views.

Among the development’s amenities include a 20-metre pool, residents’ dining area, a children’s play area and a stylish outdoor barbeque area.

2. Siskas at Taskers, North Fremantle 
Address: 9-15 McCabe Street, North Fremantle WA 6159 
Two-bedroom apartments from $975,000

[smartcode_project:default project_id=7864]

Siskas is the final stage in the luxury Taskers apartment development in North Fremantle, expected to be completed in less than six months.

There are 55 apartments in Siskas, with prices starting from $595,000 a one bedroom apartment, $975,000 for a two bed and $1,225,000 for a three bedroom apartment.

Taskers has been developed by Gary Dempsey Developments and created in collaboration between local architects Craig Steere Architects and Zuideveld Marchant Hur.

3. The Towers at Elizabeth Quay, Perth 
Address: 1 Riverside Drive, Perth WA 6000 
Two-bedroom apartments from $1,430,000

[smartcode_project:default project_id=7854]

Situated in Perth’s most prestigious riverside precinct, the Towers at Elizabeth Quay offers prospective residents luxurious residences in an exclusive setting.

The mixed-use complex is anchored by the Ritz-Carlton, giving residents access to the hotel’s podium rooftop bar, hotel spa and vitality pools.

Designed by Cottee Parker Architects, the project features private terraces, free-standing baths and floor-to-ceiling facades.

4. Tryst, West Leederville 
Address: 85 Cambridge Street, West Leederville WA 6007 
Three-bedroom apartments from $595,000

<img alt="" height="976" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-04-08_at_9.15.27_pm.png" width="1558">

Positioned between the city and the coast, Tryst delivers homebuyers high-quality residences within walking distance of Subiaco.

Delivered by ACTON Projects, the development boasts an impressive six-star energy rating, floor-to-ceiling windows and open-plan living areas.

Just 450-metres from Tryst is West Leederville train station, delivering close by public transport and convenient access to the Perth CBD.
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Expected to outperform in 2021, Perth has been lauded by industry experts as a strong market to invest in.

Four new Perth apartments on the market right now

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Shenton Quarter is the latest development delivered by leading Western Australian developer Iris Residential in joint venture with Alceon.

The $140 million mixed-use residential and retail development delivers 157 luxurious and light-filled residences in the highly sought-after Shenton Park urban village.

Located within DevelopmentWA's Montario Quarter Estate, the one, two and three-bedroom apartments boast convenience and luxury with the prime western suburbs lifestyle at your fingertips.

Urban takes a look at five reasons you should consider an apartment at Shenton Quarter. 

1. Developed by Iris Residential

[smartcode_project:default project_id=26734]

Iris Residential is Perth’s leading developer of apartments for owner-occupiers, delivering liveable homes in premium locations.

The development group have successfully completed 24 apartment projects, characterised by their high-quality, thoughtful design and amenity-rich locations.

2. Luxurious Residences

<a href="/buildings/shenton-quarter-1-seymour-avenue-shenton-park"><img alt="" height="1333" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/shenton-quarter-corner-of-selby-street-and-seymour-avenue-shenton-park-76aa60aa85ec7b778889d78363156238.jpg" width="2000"></a>

Designed by Cameron Chisholm Nicol, known for many notable buildings across the Perth CBD and wider metro area, Shenton Quarter delivers a mix of architecturally-designed loft-style townhouses and apartments.

The project’s offerings include high ceilings, wool carpets, reconstituted stone benchtops and the choice of three colour schemes.

Generously sized balconies and terraces with outstanding views help to form the amazing Shenton Quarter address that residents can take pride in.

3. Communal Amenities

<a href="/buildings/shenton-quarter-1-seymour-avenue-shenton-park"><img alt="" height="1154" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/shenton-quarter-corner-of-selby-street-and-seymour-avenue-shenton-park-7e94706e8610d1df81c19fc6ca01f4f9.jpg" width="1732"></a>

The Shenton Park development offers residents exclusive access to private landscaped gardens, vegetable gardens and fruit orchid with citrus trees.

Among the developments other amenities include a 20-metre solar-heated swimming pool, lounge and dining area, a children’s play area and a stylish outdoor barbeque area.

Convenience is at the centre of the project’s considered design, with a fully-equipped gym open to residents and a yoga deck perfect for a morning fitness session.

4. On-Site Retail

<a href="/buildings/shenton-quarter-1-seymour-avenue-shenton-park"><img alt="" height="1154" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/shenton-quarter-corner-of-selby-street-and-seymour-avenue-shenton-park-1f49e52732348176f12ae9d87f435e85.jpg" width="1732"></a>

Delivering the ultimate in 21st-century convenience, Shenton Quarter delivers a new shared pedestrian-car laneway.

The laneway will be lined with cafés, alfresco dining, ground-floor supermarkets, specialist boutiques, pharmacy and commercial tenancies.

The retail space will be anchored by a new speciality Coles supermarket.

5. Environmentally-friendly Community

<a href="/buildings/shenton-quarter-1-seymour-avenue-shenton-park"><img alt="" height="1154" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/shenton-quarter-corner-of-selby-street-and-seymour-avenue-shenton-park-ce58e4d41122b2f8728dae74cb1f2884.jpg" width="1732"></a>

With an environmentally sustainable design, Shenton Quarter achieves a four-star Green Star equivalent rating and features best-practice sustainability features.

The project will be home to a 400-metre vegetable garden, exclusive to residents and half an acre of landscaped gardens worth over $2 million.

Other green features include bike storage, 85kW photovoltaic cells to provide supplementary power for common area power use, four electric car charging ports and water-efficient design.

Apartments in the Perth development begin at $399,000 for a one-bedroom apartment, while two and three-bedroom apartments start from $580,000 and $880,000, respectively.

The project is slated for completion mid-next year.

 
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The $140 million mixed-use residential and retail development delivers 157 luxurious and light-filled residences in the highly sought-after Shenton Park urban village

Five reasons to secure a Perth apartment in the vibrant Shenton Quarter community 

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Founded in Adelaide, Woods Bagot is now a global architectural studio with studios spanning across six regions.

The firm, which prioritises “human experience and delivers engaging, future-oriented projects for its clients”, has become synonymous with deeply-considered and innovative design, engaging clients and communities in their design process.

“Prioritisation of experience and liveability shift the definition of residential value from traditional area calculations to quality and flexible functionality”, said Woods Bagot principal Simon Saint.   

Past projects by the firm include the Ivy in Sydney, the Wynyard Walk, which connects Wynyard Station to the Barangaroo waterfront, and the 184-residence mixed-use Collins Arch project in Melbourne.

The architectural firm now has over 60 projects it has designed listed on Urban. Here are six of our favourites that homebuyers can secure via Urban today. 
 

1. Miles Residences, Kirra Point 
Address: Corner Miles Street and Marine Paradise, Kirra QLD 4225 
Two-bedroom apartments from $795,000

[smartcode_project:default project_id=27575]

This Woods Bagot-designed apartment features timber flooring, a flexible open-plan layout and floor-to-ceiling windows.

Delivered by the KTQ Group, the development offers a collection of one, two and three-bedroom apartments on one of Australia’s rare north-facing beaches.

“Considered architecture and thoughtful design capture the north-facing aspect, inviting you to stop, sit back, and soak it all up”, the project marketing reads.

Amenities include multi-purpose rooms, bike and surfboard storage, mezzanine level pool and beachside deck. 
 

2. The Precinct, Mount Pleasant 
Address: 893 Canning Highway, Mount Pleasant WA 6153 
Two-bedroom apartments from $615,000

[smartcode_project:default project_id=8514]

The 22-storey smart building is evidence of the architects considered approach, offering electric car charging points, centralised home automation and E-keys for a modern living experience.

Views in the residences span from Kings Park and the CBD in the north to the converging Swan and Canning Rivers. 
Maximising the Melville Council's $235 million redevelopment vision for this Canning Bridge area, Norup + Wilson deliver Feng Shui infused designs, plenty of off-street parking and low-carbon living. 
 

3. Crest, Burswood 
Address: 120 Goodwood Parade, Burswood WA 6100 
Two-bedroom apartments from $635,0003

[smartcode_project:default project_id=8515]

Another development created in partnership between Norup + Wilson and Woods Bagot is Burswood’s Crest Apartments.

The 21-storey building features spacious living, extensive joinery and views of the surrounding city.

The Crest boasts stylish, bespoke wooden cabinetry and island benches, as well as amenities including a rooftop garden area, outdoor cinema and heated pool. 
 

4. 180 George, Parramatta 
Address: 180 George Street, Parramatta NSW 2150 
Two-bedroom apartments from $715,000

[smartcode_project:default project_id=8590]

Meriton’s world-class 180 George development brings together beautifully designed residences with the ideal lifestyle amenities to suit everyone.

The 767-apartment development features communal open space, including rooftop gardens, a sundrenched podium terrace and a barbeque area.

The 1,200 sqm podium gardens complement the adjoining 58-level hotel suites tower. 
 

5. Penny Place, Adelaide 
Address: 17 Penny Place, Adelaide SA 5000 
Two-bedroom apartments from $607,500

[smartcode_project:default project_id=9286]

Situated in the heart of Adelaide, Penny Place deliver intuitive floorplans and spacious one and two-bedroom apartments.

The collection of 152 apartments extends 23-storeys and offers full-width balconies, internal laundry and panoramic views across the South Australian capital.

In the kitchens, flawless quality persists with Caesarstone kitchen bench top's, Bosch cooktop and oven, Fisher &amp; Paykel dishwasher and feature LED strip lighting in the kitchen. 
 

6. The Standard, South Brisbane 
Address: 13-17 Manning Street, South Brisbane QLD 4101 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=7500]

The Standard is the newest luxury high-rise in the vibrant South Brisbane, soaring 32 floors above the waterfront suburb by ARIA Developers.

Comprising 260 spacious one, two and three-bedroom apartments, the development offers exclusive amenities, including garden terraces, residents’ bar, sunken lounges, cinema spaces, lap pool and sun-lounges.
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Woods Bagot has become synonymous with deeply-considered and innovative design, engaging clients and communities in their design process

Six properties designed by acclaimed architects Woods Bagot currently selling on Urban

Queensland is in the midst of an exciting period of growth and Logan City is well-positioned in the centre of this change.

The City of Logan is situated in a thriving growth corridor between Brisbane and the Gold Coast, with abundant amenities, good schools and a burgeoning health precinct. &nbsp;

More and more home buyers are purchasing their first property in Logan thanks to its fresh and contemporary residential neighbourhoods, new estates and bushland acreage.

The adjacent Griffith University Logan campus, Queensland TAFE and the $145 million Logan Hospital expansion provides the opportunity for Meadowbrook to evolve into a major health and educational hub.

Given its central geographic location in south-east Queensland and available young workforce, Logan is ideally placed for continued growth in the region and provides great opportunity for families and investors.

Urban takes a look at four homes to secure in Logan City from just $230,000.

1. Aquila Lodge, Eagleby 
Address: 10 Bishop Street, Eagleby QLD 4207 
One-bedroom townhome from $230,000

[smartcode_project:default project_id=29172]

Located near train stations, the Pacific Motorway and Logan Motorway, Aquila Lodge offers an 18-townhome development in the City of Logan&rsquo;s Eagleby.

Each residence features one bedroom, one bathroom and a single-car lock-up garage.

The 42sqm homes include stone benchtops, stainless-steel appliances and air-conditioning to present comfortable living to its residents.

2. Acacia Waters Estate, Eagleby 
Address: Fryar Road, Eagleby QLD 4207 
Two-bedroom apartments from $305,000

[smartcode_project:default project_id=29159]

Surrounded by gardens, walking paths and numerous amenities, Acacia Waters Estate presents nine contemporary designed buildings in Eagleby.

Residents who secure a home in the development will benefit from 24-hour on-site management, undulating lawns and ample visitor parking.

Other amenities include a swimming pool and barbeque pergolas, as well as essential amenities in close proximity, including parks, public transport and shops.

3. Clearwater Junction, Bethania 
Address: Clearwater Street, Bethania QLD 4205 
Three-bedroom townhomes from $335,000

[smartcode_project:default project_id=29171]

Clearwater Junction is an established townhouse complex located in the hidden away suburb of Bethania.

Located in a cul-de-sac street, the peaceful residential development is bordered by farmland and situated within walking distance to the train station and shops.

Three and four-bedroom townhomes are available at the project, with a mixture of designs and layouts, including both single and double storeys.

Amenities include a well-appointed gym, in-ground swimming pool, and picnic area.

4. Brookhaven, Bahrs Scrub 
Address: 33 Menora Road, Bahrs Scrub QLD 4207 
Four-bedroom townhome from $475,000

[smartcode_project:default project_id=28314]

Brookhaven is a new master-planned community in Logan City, balancing safety, amenity and liveability amongst picturesque natural surrounds.

Situated just 4.3-kilometres from Beenleigh Town Centre, Brookhaven is connected to Brisbane and the Gold Coast.

Developed by Frasers Property Australia, the homes are within a 5 Star Green Star rated community which includes up to 5km of multi-use trails promoting walking, running and bike riding.

The City of Logan is situated in a thriving growth corridor between Brisbane and the Gold Coast, with abundant amenities, good schools and a burgeoning health precinct

Find out where in South-East Queensland you can buy a townhome from $230,000

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Given the sell-out this week of Cabana Palm Beach, premium Gold Coast off-the-plan buyers are looking at the remaining stock in other recently announced projects.

Cabana Palm Beach sold out within eight weeks of their Boxing Day launch and ahead of the project receiving development approval from the Gold Coast City Council.

Delivered by Gold Coast-based developer Ignite Projects, all 34 apartments in the luxury development were snapped up for circa $80 million, with interstate purchasers paying top dollar to secure their abode.

According to the developers, the average price paid for an apartment was $2.7 million, $300,000 more than the average list price on launch, which was just $2.4 million.

[smartcode_project:default project_id=84861]

Situated in Palm Beach, one of the top five most searched suburbs in Queensland, Cabana lies directly opposite the recently completed artificial reef, making it a surfer’s dream.

Managing director Josh Foote said the stellar results are still underpinned by Cabana’s unique location and outstanding design.

“To have all apartments sold ahead of receiving development approval is a huge vote of confidence in our project team, and the fact people were willing to spend more than list price and, in some cases, combine two apartments shows we have got it right”, Foote said.

The apartments were sold to buyers from the Gold Coast, Brisbane, Sydney, Melbourne and a number of other regional areas.

Construction on the project is expected to start ahead of schedule in June and completion slated for November 2022.

<h2>Other luxury three-bedroom apartments on the market on the Gold Coast</h2>

Luxury developments are popping up all over the Gold Coast as demand increases for residences with water views and resort-style facilities.

According to Foote, “the trend towards larger beach-home style apartments is here, and I anticipate this will continue as more people want additional space for work, study and recreation in the home.”

In case you've missed out on Cabana, here are a few of our favourite new luxury developments on the Gold Coast: 
 

1. The Monaco, Main Beach 
Address: 2-4 MacArthur Parade, Main Beach QLD 4217 
Three-bedroom apartments from $1,800,000

[smartcode_project:default project_id=26730]

Ignite Projects' second Gold Coast residence, the Monaco, offers breathtaking apartment living in Main Beach.

Designed by Rothelowman, the new 24-storey tower will feature 24 half and full-floor residences, the Southern Hemisphere’s first car elevator to apartments and a custom-designed kitchen for each buyer.

“The Monaco offers a boutique beachside residential opportunity for discerning buyers looking to upgrade their lifestyle”, Rothelowman’s Jeff Brown said. 
 

2. Shoreline, Surfers Paradise 
Address: 61 Old Burleigh Road, Shoreline QLD 4217 
Three-bedroom apartments from $1,100,000

[smartcode_project:default project_id=22057]

Delivering desirable Surfers Paradise apartments to luxury buyers on the Gold Coast, Shoreline offers space, privacy and opulence.

Situated in a quiet tree-lined pocket, Marquee Developments’ project features an exceptional array of lifestyle and wellness amenity.  

Designed by BDA Architecture, the 17-storey building offers 27 three-bedroom apartments, each with panoramic views of the skyline, ocean, river and hinterland. 
 

3. Miles Residences, Kirra Point 
Address: Cnr Miles Street &amp; Marine Paradise, Kirra QLD 4225 
Three-bedroom apartments from $1,500,000

[smartcode_project:default project_id=27575]

KTQ Group’s Miles Residences delivers a collection of spacious one, two and three-bedroom apartments, many with a multi-purpose room.

Situated on a rare Australian north-facing beach, the residence is positioned to access all that Gold Coast has to offer.

Apartments, architecturally designed by Woods Bagot, feature timber flooring, a flexible open-plan layout and floor-to-ceiling windows.
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Cabana Palm Beach sold out within eight weeks of their Boxing Day launch and ahead of the project receiving development approval from the Gold Coast City Council

Ignite Projects sell-out Cabana Palm Beach project. Demand for New Luxury Projects on Gold Coast.

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First home buyers are loving Kew Schofields in Sydney’s north-west, thanks to its balance between privacy and endless opportunities.

Located in Sydney’s fastest-growing region, the master-planned community provides a true community living experience with 2,700sqm of retail space, parks and recreational facilities.  

Positioned between Rouse Hill town centre and the future Schofields town centre, buyers can enjoy nearby cafés, restaurants and retail.

Close to the future airport at Badgerys Creek and major employment hubs in Norwest and Marsden Park, Schofields is expected to experience incredible growth.

[smartcode_project:default project_id=32227]

The community’s second stage, Georgette, offers spacious floorplans over one, two and three-bedroom configurations, delivered by Positive Investment Enterprise.

Designed by PBD Architects, the home features large windows, abundant light and contemporary finishes.

Ground-floor apartments enjoy private access to courtyards, while top-floor apartments enjoy north-facing views and an expansive rooftop terrace.

Offering a bustling community and integrating natural beauty, Kew integrates communal green spaces that feature barbeque facilities and play equipment.

<a href="/new-apartments/kew-schofields-stage-2-georgette-23-27-schofields-road-schofields"><img alt="" height="1190" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kew_2.jpg" width="1800"></a>

Boasting an idyllic lifestyle, the development is also located nearby Berowra Valley National Park, lifestyle amenities and golf courses.  

Two nearby train lines, Schofields and Tallawong connect you to the North Shore line, Richmond line and the Sydney CBD.

Slated for completion late this year, residents can secure a one-bedroom home from $440,000 or a two-bedroom home from $538,000.

View the project’s display suite tour below.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/KwiYcb9bbdI" title="YouTube video player" width="560"></iframe>
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Located in Sydney’s fastest-growing region, the master-planned community provides a true community living experience

Kew Schofields offers buyers a chance to buy in one of Sydney's fastest growing suburbs

The Inc is Melbourne-based developer Platinum&rsquo;s latest offering in Melbourne&rsquo;s south-east, delivered in collaboration with Red Collective.

Situated at 554-556 Inkerman Road, the home offers 19 luxury residences in two and three-bedroom configurations at a premium address.

Two-bedroom apartments in the complex begin from $945,000, while three-bedroom apartments start from $1,295,000.

Urban takes a look at five things we love about The Inc.

1. Sought-after location

[smartcode_project:default project_id=95292]

Situated in a premium Melbourne suburb, Caulfield North, the Inc is set amongst quiet tree-lined streets and rich cultural experiences.

Vast parklands, fine dining and shopping destinations are all within reach, and the development is only a short drive from bars and boutiques on Carlisle Street, High Street and Glenferrie Road.

One of Melbourne&rsquo;s best-connected suburbs, Caulfield North&rsquo;s extensive public transport network makes reaching schools, surrounding suburbs, the city, and the beach, simple

2. Designed by local architects

<a href="/new-apartments/the-inc-554-556-inkerman-road-caulfield-north" target="_blank"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the-inc-554-556-inkerman-road-caulfield-north-5c340cabd94cd35000f89913018ede67.jpg" width="2000" /></a>

Deeply considered, the Inc effortlessly integrates with the surrounding suburb and community with refined architecture and organic textures.

Designed by South Melbourne-based architects, Ewert Leaf, the premium development forms to make a textural masterpiece of architecture and amenity

The multi-disciplinary firm is known for their creative, innovative and pragmatic designs.

Past residential projects include Platinum Construction&rsquo;s Park Residences in Caulfield North and Fortis&rsquo; Malvern project, Balmoral. 
3. Spacious living spaces

<a href="/new-apartments/the-inc-554-556-inkerman-road-caulfield-north" target="_blank"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the-inc-554-556-inkerman-road-caulfield-north-cd05e873078d304bd18e489423d7e2cc.jpg" width="2000" /></a>

Generous open-plan layouts offer expansive indoor and outdoor living and dining areas, ideal for entertaining.

&ldquo;Each residence features floor-to-ceiling windows, integrated joinery, vast floorplans and oversized private terraces&rdquo;, said interior designer Doris Rocca.

From the terrace, homebuyers can soak up sunlight and enjoy views across leafy treetops to the bay and Melbourne CBD.

The interiors bestow a contemporary and unassuming backdrop for residents to furnish the home in their own unique style.

The home&rsquo;s feature a built-in feature fireplace encased in natural stone and other quality finishes. 
4.&nbsp;Landscaping by John Patrick

<a href="/new-apartments/the-inc-554-556-inkerman-road-caulfield-north" target="_blank"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the-inc-554-556-inkerman-road-caulfield-north-bd5f413ec3a1a892684e6b132cea1757.jpg" width="2000" /></a>

&ldquo;Featuring exquisite landscaping by John Patrick Landscape Architects, these luxury apartments perfectly assimilate into quiet yet character-filled Inkerman Road&rdquo;, the project marketing reads.

Patrick&rsquo;s landscaping transforms the residential building into an evergreen sanctuary, with outdoor entertaining space and calming greenery.

&ldquo;The deeply considered design moulds to the slope of the land, effortlessly integrating with its environment and community &ndash; it&rsquo;s as though the residences have always been there.&rdquo;

5. Entertaining kitchen

<a href="/new-apartments/the-inc-554-556-inkerman-road-caulfield-north" target="_blank"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the-inc-554-556-inkerman-road-caulfield-north-f5f53d75dfa4adfbf0a305df3f511f60.jpg" width="2000" /></a>

The Inc&rsquo;s kitchen is certainly the heart of the home, offering an abundance of space, sophistication and high-end functionality.

Whether hosting a dinner party or preparing a simple meal, the home features fully-integrated European appliances and generous cabinetry to make cooking enjoyable and stress-free. 
Natural stone benchtops and splashbacks and tactile earth tones harmonise with the organic textures outdoors.

All kitchens feature cooktops, a black oven and an optional borderless wine fridge.

The Inc is Melbourne-based developer Platinum’s latest offering in Melbourne’s south-east, delivered in collaboration with Red Collective

Five things we love about The Inc at Caulfield North

Developers are seeing increased interest in townhomes as homebuyers in the inner-city area seek convenient, spacious living.

Urban spoke with ICON Developments’ commercial director Scott Jarzynka, who noted that he’d seen an increase in both interest and sales post-COVID-19.

“People in the area are realising they need more space than they can find in an apartment offering locally”, he said.

<blockquote>
One thing we have noticed is purchasers are more certain of their decision, they understand the benefits of townhome living and are ready to make the commitment.
</blockquote>

According to Jarzynka, young families are making up the majority of buyers in townhouse developments, including their Balaclava project Inkerman &amp; Nelson.

[smartcode_project:default project_id=25572]

“[Young families] are the ones interested in maintaining the inner-city lifestyle and not having to compromise on local amenity”, he said.

Townhomes are typically the next step from apartment living, offering the extra space a growing family needs.

However, Jarzynka did not only emphasise a home’s design but their location, as a crucial factor when purchasing any property.

“Access to things like transport, dining, green space and good schools are important not just for living in a home but especially for the resale value.

“Secondly, size matters; townhomes offer the best value for those wanting space and location without the multi-million-dollar budgets.”

Urban takes a look at four townhomes perfect for families in Melbourne’s inner-city suburbs. 
&nbsp;

1. Port Lane, Port Melbourne 
Address: 201 Williamstown Road, Port Melbourne VIC 3207 
Three-bedroom townhomes from $1,025,000

[smartcode_project:default project_id=89720]

Boasting 122 three-bedroom residences, Port Lane offers a quality selection of townhomes in Port Melbourne.

The coastal community has been developed by ID_Lands alongside architects Rothelowman and interior designers Hecker Guthrie.

Curated landscaping by Tract frame the townhomes, sitting in harmony with their coastal environment and the Port Melbourne community. 
&nbsp;

2. The Lincoln Collection, Essendon 
Address: 8-10 Lincoln Road, Essendon VIC 3040 
Three-bedroom townhomes from $1,245,000

[smartcode_project:default project_id=84629]

The Lincoln Collection features just 14 limited edition townhomes in two, three and four-bedroom configurations in Melbourne’s inner-city suburb of Essendon.

Designed by DKO Architecture, the development features timeless appeal with versatile floorplans and exceptional spaces. 
&nbsp;

3. Attica, St Kilda East 
Address: 47 Lansdowne Road, St Kilda East VIC 3183 
Three-bedroom townhomes from $1,548,250

[smartcode_project:default project_id=23328]

Designed by Melbourne-based Perkins Architects, Attica delivers a series of seven townhouses that challenge the perceived boundaries of modern design.&nbsp;

The development offers seven residences in two and three-bedroom configurations, featuring natural stone, oak timber and warm greys.

Attica is surrounded by the abundant offerings that form two of Melbourne’s liveliest suburbs, St Kilda East and Windsor.

 
4. Inkerman &amp; Nelson, Balaclava 
Address: 283-297 Inkerman Street, Balaclava VIC 3183 
Three-bedroom townhomes from $1,285,000

<a href="/buildings/inkerman-nelson-283-297-inkerman-street-balaclava"><img alt="" data-entity-type="" data-entity-uuid="" height="2000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/inkerman-nelson-283-297-inkerman-street-balaclava-b8797277fb61a4b739e26617a27132ac.jpg" width="2762" /></a>

Each of the Inkerman &amp; Nelson townhomes so far have been sold to owner-occupiers and only four homes remaining in the development.

ICON is focused on creating flexible and customisable residences,

Designed by MAArchitects, the homes are considered for the customer and how they live, particularly young families who need a space that will be able to adapt as they grow.&nbsp;

Urban spoke with ICON Developments’ commercial director Scott Jarzynka, who noted that he’d seen an increase in both interest and sales for townhomes post-COVID-19

Townhome insights: Family residences you can secure in inner-city Melbourne

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Verre in Preston, in Melbourne’s north, is a new development by Wolf &amp; Lamb on a site steeped in history.

Set for completion in early 2022, the project comprises 57 one, two and three-bedroom apartments designed by Melbourne-based architecture studio, Chamberlain Architects.

Urban recently spoke with Wolf &amp; Lamb to discuss the luxury project.

MK: What are the highlights of Verre and what has attracted buyers to the project?

W&amp;L: The primary things buyers like about Verre are the look and appearance of the building, The floorplans, the fixtures and finishes and the price. Other things they love about the project is the size of it and the view to the East or West.

[smartcode_project:default project_id=7275]

MK: What was the development’s design brief for Chamberlain Architects?

W&amp;L: The brief to the architect was to create a landmark building that heralds a new era for this part of Plenty Road. It was important for us to develop the site for the long term, and we wanted a building that would stand the test of time, and provide a positive impact on the area.

We were also aware of the fantastic views to the east and the south and wanted a building that took advantage of this. The brief for the apartments was that they be generous in size and considered in the way the space was used.

<a href="/new-apartments/glass-haus-preston-296-plenty-road-preston-vic-3072"><img alt="" height="990" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_3.jpg" width="1800"></a>

We are delighted with what the team at Chamberlain Architects have been able to deliver.

MK: What is Verre’s relationship with glass and how has this manifested in the building’s design?

W&amp;L: 296 Plenty Road was the location of a family-owned and operated glassworks factory for over 80 years. The factory — ‘Peerless Glass’ became synonymous with glass innovation in Melbourne. It was one of the first local manufacturers to offer glass products which utilised sandblasting and bending techniques.

<a href="/new-apartments/glass-haus-preston-296-plenty-road-preston-vic-3072"><img alt="" height="1000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_2.jpg" width="1800"></a>

To this very day; Peerless Glass’ legacy can still be found all around Melbourne. From residential applications such as sandblasted glass doors (popular for houses built in the 1950s) to public establishments such as yacht clubs and even large department stores such as Myer.

The glassworks ceased operations long ago, but ownership of the building has remained with the original family — spanning multiple generations. The family is proud to present Verre. An evolution of the original glassworks — a fitting homage to its past and in maintaining a connection and nod to the heritage of the original glass works we are offering each apartment buyer a bespoke, hand-blown glass feature pendant light upgrade by Melbourne-based glass designer; Mark Douglass. An organic statement piece it sits effortlessly alone and great as a cluster. This offer is exclusively for Verre buyers.

<a href="/new-apartments/glass-haus-preston-296-plenty-road-preston-vic-3072"><img alt="" height="1079" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_4.jpg" width="1800"></a>

MK: Where have buyers come from, and who is the development appealing to?

W&amp;L: The majority of the buyers are locals who have been renting in the area.  A fair number of these have been first home buyers but we have had a couple of downsizers and upsizers too.

 

MK: Are there any other residential developments in the pipeline?

W&amp;L: Currently we are in the early stages of securing another site in Preston and St Kilda
</body></html>

Set for completion in early 2022, the project comprises 57 apartments designed by Melbourne-based architecture studio Chamberlain Architects.



What buyers need to know about Verre in Preston: Urban chats with developer Wolf & Lamb

<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

&nbsp;

The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-4" data-turn="assistant" data-turn-id="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" data-turn-id-container="request-WEB:84a2af5e-d7cf-4ddf-922a-f4d44d6c6caa-1" dir="auto">
The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

Max Kwok

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