Due to their&nbsp;beautiful beaches and parklands, Queensland&#39;s cities have become popular amongst families looking for affordable and low maintenance apartment living.

According to the last census, families with children were well represented in Australia&#39;s&nbsp;apartment living population, a trend that is likely to continue.&nbsp;

Here are&nbsp;six Queensland apartments perfect for families 
&nbsp;

1. <a href="/buildings/savvi-apartments-35-kelburn-street-upper-mount-gravatt">Savvi Apartments, Upper Mount Gravatt</a> 
Address: 35 Kelburn Street, Upper Mount Gravatt QLD 4122 
Three-bedroom apartments from $635,000

[smartcode_project:default project_id=28074]

Located in the leafy Upper Mount Gravatt, less than 15-minutes from Brisbane&rsquo;s CBD, Savvi Apartments is the latest offering from Opalyn Property Group. Ideal for families, Savvi offers residents modern living with an open-plan layout, large balcony area for entertaining and smart home technology.

Close to popular schools, including Mansfield State High School, the project&rsquo;s central location is a bustling hub of public transport, retail and lifestlye amenities. The home also includes an enclosed laundry area for a family&rsquo;s convenience.

 
&nbsp;

2. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One, Surfers Paradise</a> 
Address: 36-44&nbsp;<a href="/new-townhouses/astrid-residences-202-stanhill-drive-surfers-paradise?source_news_article_id=89593&amp;ref=news_body_link">Stanhill</a>&nbsp;Drive, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,175,000

[smartcode_project:default project_id=6515]

Situated in Surfers Paradise,&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation">Chevron One</a>&nbsp;presents an opportunity to secure a luxury residence ideal for a family of four. <a href="/developers/bensons-property-group">Bensons</a>&nbsp;Property Group&rsquo;s&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation">Chevron One</a>&nbsp;boasts intuitive design and quality finishes. Cooking for the family has been made easy in kitchens designed by the renowned chef, Shannon Bennett.

Designed by&nbsp;<a href="/architects/marchese-partners">Marchese Partners</a>, the development includes a Club One residents&rsquo; lounge, floating cinema, sculptured gardens and dining facilities. The home is in close proximity to independent schools, including The Southport School and St Hilda&rsquo;s. 
&nbsp;

3. <a href="/buildings/market-lane-the-collection-9-market-lane-maroochydore">Market Lane, Maroochydore</a> 
Address: Mundoo Boulevard, Maroochydore QLD 4558 
Three-bedroom apartments from $486,000

[smartcode_project:default project_id=29988]

Located in the new Maroochydore CBD, Market Lane will offer two and three-bedroom configurations, as well as a selection of penthouse style apartments for Sunshine Coast families. The two-tower project will enjoy a blend of the coastal lifestyle with urban city energy.

The welcoming community offers beachside attractions, family-friendly dining options and countless schools and services. 
&nbsp;

4. Regal, Southport 
Address: 61-73 Meron Street, Southport QLD 4215 
Three-bedroom apartments from $735,000

[smartcode_project:default project_id=22476]

Regal Residences blends family living with luxury and sophistication from its Gold Coast location. Designed by Kris Kowalski Architects, the residence features oak timber flooring, a lap pool, a state-of-the-art gym and a residents&rsquo; lounge.

Located close by beaches and Broadwater Parklands, Regal offers countless leisure activities and lifestyle amenities at your doorstep. 
&nbsp;

5. <a href="/buildings/silk-one-woolloongabba-825-847-stanley-street-woolloongabba">Silk One, Woolloongabba</a> 
Address: 825-847 Stanley Street, Woolloongabba QLD 4102 
Three-bedroom apartments from $805,000

[smartcode_project:default project_id=7879]

Silk One, comprising 177 one, two and three-bedroom apartments, is located within walking distance to the Brisbane CBD. Perfect for families who have a passion for cricket, the project features Brisbane&rsquo;s first and only rooftop skystand, overlooking the Brisbane Cricket Ground, the &lsquo;Gabba&rsquo;.

In close proximity to QUT and Torrens, Silk One offers convenience, style and luxury. Designed by Nettletontribe, apartments in the development include floor-to-ceiling windows, custom cabinetry and deep balconies, as well as a stunning rooftop recreation deck and ground-floor retail space.

The second stage, <a href="/new-apartments/silk-lane-woolloongabba-14-trafalgar-street-woolloongabba">Silk Lane, is expected to be released to the market mid 2021.</a> 
&nbsp;

6. <a href="/buildings/otto-mermaid-beach-1-bondi-avenue-mermaid-beach">OTTO, Mermaid Beach</a> 
Address: 1 Bondi Avenue, Mermaid Beach QLD 4218 
Three-bedroom apartments from $719,000

[smartcode_project:default project_id=6769]

Mermaid Beach&rsquo;s growing population of young families has heightened the demand for family-friendly luxury developments. Morris Property Group&rsquo;s OTTO offers a collection of 70 two and three-bedroom apartments of which you can be proud to call home. &nbsp;

Amenities include a recreational pool, cabana terrace and covered dining and lounge balcony, to enjoy a barbeque with family and friends. Beachside running and biking baths, as well as abundant transport links means OTTO is well connected

Urban takes a look at six Queensland apartments perfect for families

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Six Queensland apartments perfect for families

Urban takes a look at six sleek new apartments in Melbourne on the market right now.

1. <a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east">Hawthorn Park, Hawthorn East</a> 
Address: 33 Camberwell Road, Hawthorn East VIC 3123 
Two-bedroom apartments from $670,000

[smartcode_project:default project_id=3730]

Located in one of Melbourne&rsquo;s premier suburbs, Hawthorn Park provides a sophisticated residential mid-rise offering luxury and convenience. Delivered by the Dahua Group, the project is expected to reach completion early 2021, boasting amenities that include massage suites, a splash pool, a sky lounge and garden pavilion.

Designed by Rothelowman, the homes feature state-of-the-art kitchens, high-quality appliances, and entertaining areas. The residence&rsquo;s large garden balcony provides views of the communal park, where residents are invited to grow their own produce. 
&nbsp;

2. <a href="/buildings/omnia-4-6-horscroft-place-moorabbin">Omnia, Moorabbin</a> 
Address: 4-6 Horscroft Place, Moorabbin VIC 3189 
Request apartment pricing &amp; floorplans from agent

[smartcode_project:default project_id=29048]

<a class="colorbox colorbox-insert-image" href="/buildings/omnia-4-6-horscroft-place-moorabbin" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="358" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/omnia.jpg?itok=9ohwOzyl" width="580" /></a>

Delivered by Shenfield Property and designed by Roger Brayshaw Architects, Omnia offers an exceptional selection of living spaces. Well-proportioned interiors, designed by Aldona Padjak feature timeless sophistication, open-plan living and modern style. The home&rsquo;s include park frontage, energy efficient design and north-facing aspects that capture natural lifght.

The development is located in close proximity to Moorabbin train station and wonderful local community facilities, including the $30 million redevelopment of the St Kilda Football Club and surrounding parkland. 
&nbsp;

3. <a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham">Sandy Hill Penthouse, Sandringham</a> 
Address: 222 Bay Road, Sandringham VIC 3191 
Three-bedroom apartments from $1,900,000

[smartcode_project:default project_id=324]

<a class="colorbox colorbox-insert-image" href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="350" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sandy-hill-penthouse-222-bay-road-sandringham-7de23a92744a07dc80b36025b2e471e9.jpeg?itok=hIxMUh1D" width="580" /></a>

Blueprint Projects&rsquo; recently completed development, Sandy Hill offers 187 three-bedroom residences in Melbourne&rsquo;s bayside area. Designed for low-maintenance luxury living, the apartments offer parquetry flooring, private balcony and a lavish island breakfast bar.

The residence, architecturally designed by Watson Young Architects, boasts executive style living, with wrap-around terrace, complex facilities and electric fireplace. 
&nbsp;

4. <a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne">Parkhill Apartments, West Melbourne</a> 
Address: 408 Spencer Street, West Melbourne VIC 3003 
Two-bedroom apartments from $619,000

[smartcode_project:default project_id=27406]

<a class="colorbox colorbox-insert-image" href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/81e9f9f7-61a7-4331-98b6-0a6472ba96bd-w3000-h1688.jpeg?itok=vL6Mppok" width="580" /></a>

Minutes from Queen Victoria Market, transport links and Flagstaff Gardens, Central Equity&rsquo;s Parkhill Apartments project is the ideal home for young professionals. The stylish apartment design includes German tapware, spacious bedrooms and a 6.5 star energy rating.

Amenities within the project include seven-day concierge service, a rooftop gym and relaxing rooftop garden, complete with barbeques and outdoor seating areas. 
&nbsp;

5. <a href="/buildings/vista-apartments-9-remington-drive-highett">Vista Apartments, Highett</a> 
Address: 9 Remington Drive, Highett VIC 3190 
Two-bedroom apartments from $660,000

[smartcode_project:default project_id=3303]

<a class="colorbox colorbox-insert-image" href="/buildings/vista-apartments-9-remington-drive-highett" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/j000306_9remingtondr_049.jpg?itok=5EFVE_HZ" width="580" /></a>

Hallmarc&rsquo;s latest offering in the bayside suburb of Highett is the 154-apartment project, Vista Apartments. Designed to accommodate a modern lifestyle, residences within the development feature open-plan living areas, rustic timber flooring and a large breakfast bar for social dining and entertaining.

Residents at the Highett residence will have access to a state-of-the-art heated swimming pool and fully-equipped gym, just minutes from Sandringham Beach and its bayside eateries. 
&nbsp;

6. <a href="/buildings/volaire-9-dryburgh-street-west-melbourne">Volaire, West Melbourne</a> 
Address: 9 Dryburgh Street, West Melbourne VIC 3003 
Two-bedroom apartments from $599,000

[smartcode_project:default project_id=2407]

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="525" src="https://www.youtube.com/embed/2A3Q1OhUVBA" width="1034"></iframe>

Comprising over 150 apartments spread across ten floors, Volaire&rsquo;s sleek design provides residents with the ultimate comfort and convenience. Delivered by Cbus and designed by Hayball, the West Melbourne project is located adjacent to the CBD and offers multiple built-in amenities.

Residents can enjoy their downtime on the sixth-floor Sky Podium, which includes both barbeque and lounge areas, as well as a communal garden and breathtaking city views.

Urban takes a look at six sleek new apartments in Melbourne on the market right now

Six sleek new apartments in Melbourne

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Fraser Property’s new master-planned community in Sydney’s Macquarie Park has achieved over 100 sales since its October launch.

Midtown MacPark, the new $2.1 billion community, occupies an 8.2-hectare site and is expected to feature a mix of around 3,300 new mixed-tenure residences, integrated within community facilities.

Fraser Property noted strong interest from first-home buyers with all studio apartments sold, which Fraser Property’s Nigel Edgar attributed to the HomeBuilder scheme.

“We’ve also seen strong demand from investors, who represent nearly 50 per cent of purchasers to date”, he said.

The development will include a proposed co-educational primary school, two childcare centres, seniors’ living and aged care, a new 6,000sqm central park, playgrounds, a community centre, and commercial pool and gym.

Designed by architects including Bates Smart, Hassell, COX and Candalepas Associates, the master-planned community will likely benefit the broader Macquarie Park community with the countless amenities expected to drive prices up.

<h2>Here are three luxury apartments in or nearby Macquarie Park</h2>

1. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination, Macquarie Park</a> 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
One-bedroom apartments from $600,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-112-talavera-road-macquarie-park" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="334" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/destination-114-talavera-road-macquarie-park-a01e0c0989e3e71fbf549469c332ad75.jpg?itok=uDxfo3ZC" width="580"></a>

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle. Located within NSW’s second-largest business district, Destination will be located nearby the soon-to-be constructed Midtown.

The project offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park’s competitive advantages, including its proximity to Macquarie University and local amenities. 
 

2. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley, Carlingford</a> 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

<a class="colorbox colorbox-insert-image" href="/buildings/moseley-17-21-moseley-street-carlingford" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="383" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/moseley-17-21-moseley-street-carlingford-deb64d668ca2451b931fe7318ec1af70.jpg?itok=IXNSKjZZ" width="580"></a>

The affordable Moseley project is located close-by Epping station, under 5 minutes to Macquarie University station. It will be delivered by the H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.

The building offers residents private storage, a gym, communal entertaining areas, and an electric charging dock. 
 

3. <a href="/buildings/reflections-44-shoreline-drive-rhodes">Reflections, Rhodes</a> 
Address: 44 Shoreline Drive, Rhodes NSW 2138 
Two-bedroom apartments from $840,000

<a class="colorbox colorbox-insert-image" href="/buildings/reflections-44-shoreline-drive-rhodes" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/reflections-44-shoreline-drive-rhodes-2d91adcbc292093a24c336e8bfd5eeb2.jpg?itok=fDaBzBo7" width="580"></a>

Meriton’s final waterfront development at the Rhodes Peninsula is Reflections, stunning homes with never to be built out views. The low-density collection of 94 apartments feature enclosed balconies, floor-to-ceiling windows, and oversized proportions.

Just over 10 minutes’ drive from Macquarie Park, the project enjoys a real community feel with a 300sqm private park, 25-metre heated pool, sauna and gym among its offerings.
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The group's new master-planned community, Midtown MacPark, has achieved over 100 sales since its October launch.



Fraser Property sees strong interest at their Macquarie Park project

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Adelaide provides luxury living at an affordable price and, as investors flock to the contemporary city, developers are beginning to offer multi-million dollar projects to meet the demand for high-end properties. 

Urban takes a look at five luxury residences on the market in Adelaide right now.

1. <a href="/new-apartments/11a-esplanade-somerton-park">Arvia, Somerton Park</a> 
Address: 11A Esplanade, Somerton Park SA 5044 
Four-bedroom apartments from $3,000,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/11a-esplanade-somerton-park" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="389" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/somerton_park.jpg?itok=mE4EH2KC" width="580"></a>

Located on the South Australian coastline, Arvia offers luxury living at its finest. The sophisticated residence offers four bedrooms and two bathrooms, sea views and open-plan living and dining.

Arvia takes full advantage of the golden sands of Somerton Beach with an entertainer’s balcony that boasts 180 degree water views. 
 

2. <a href="/new-apartments/luminesque-108-currie-street-adelaide?ref=srp_listview">Luminesque, Adelaide</a> 
Address: 108 Currie Street, Adelaide SA 5000 
Three-bedroom apartments from $1,450,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/luminesque-108-currie-street-adelaide?ref=srp_listview" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/luminesque-108-currie-street-adelaide-40110eabd43b119f2a5282bd70906998.jpg?itok=pjsCLQ4u" width="580"></a>

Luminesque, delivered by Palumbo, has only three residences remaining from 69 apartments. The premiere project, located in the centre of Adelaide’s city, shares amenities with the five-star Sofitel Hotel.

Perched on levels 25 to 32 of the Sofitel, residents will have access to facilities including a pool, gym, restaurants, room service and concierge, with the privacy of a separate residents’ entrance lobby. 
 

3. <a href="/buildings/the-adelaidean-27-frome-street-adelaide">The Adelaidean, Adelaide</a> 
Address: 27 Frome Street, Adelaide SA 5000 
Check availability for three-bedroom apartments

<a class="colorbox colorbox-insert-image" href="/buildings/the-adelaidean-27-frome-street-adelaide" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="349" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/adelaidean_0.jpg?itok=etkGxfAZ" width="580"></a>

Rising as the tallest residential tower in Adelaide, the Adelaidean comprises 88 one, two and three-bedroom residences across 37 levels. Developed by Kyren Group, the project provides comfort and grandeur to its residents, boasting a forward-focused tower encased in glass.

The Brown Falconer designed building includes floor-to-ceiling windows, city views and premium finishes. 
 

4. <a href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview">Realm, Adelaide</a> 
Address: 9-19 Austin Street, Adelaide SA 5000 
Three-bedroom apartments from $2,200,000

<a class="colorbox colorbox-insert-image" href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/realm.png?itok=VWLmka4K" width="580"></a> <a class="colorbox colorbox-insert-image" href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="325" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/realm-living-study-1200x550.jpg?itok=HvCGJIho" width="580"></a>

Comprising 320 apartments, Realm Adelaide features the city’s most expensive apartments, boasting luxurious amenities and architectural design. Sydney-based developer Parallel Property employed Elenberg-Fraser to design the building, which features a golden, geometric façade.

Residents will enjoy a CrossFit gym, 25-metre outdoor pull, yoga studio, large entertaining deck, indoor dining area and Wellness Centre.   
 

5. <a href="/buildings/two-four-six-246-unley-road-unley">Two Four Six, Unley</a> 
Address: 246 Unley Road, Unley SA 5061 
Three-bedroom apartments from $1,350,000

<a class="colorbox colorbox-insert-image" href="/buildings/two-four-six-246-unley-road-unley" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="378" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/246.jpg?itok=RJWOAnGD" width="580"></a>

Two Four Six offers buyers the chance to secure a luxury apartment in the sought-after suburb of Unley, the most searched suburb for both homes and apartments in Adelaide, according to REA.

Delivered by Catcorp, the development features large glass balconies, sandstone terraces, floor-to-ceiling windows and ample storage.

<h2>SA properties selling now:</h2>

[smartcode_project:default project_id=29917]

[smartcode_project:default project_id=29911]

[smartcode_project:default project_id=29913]
</body></html>

Urban takes a look at five luxury residences on the market in Adelaide right now

Inside five of Adelaide's million dollar apartments

<html><body>
<h2>Australian tech matters</h2>

Tech and innovation represents so much more than internet search engines, live streaming, and handheld electronic devices, spanning widely across manufacturing, energy, resources, agriculture, and much more besides.

For decades Australia has lagged far behind the U.S. and elsewhere in terms of its risk-taking, technological innovation, and entrepreneurship, but it’s crucial that Aussies now look to seize the initiative to move forward with confidence.

The sheer scale of the opportunities lying ahead in the sector shouldn’t be underestimated.

With tech employment growth comfortably outpacing that of the wider economy the number of technology workers in Australia looks set to increase from around 750,000 to more than 1 million by 2027, while the contribution to the Aussie economy has the potential to grow from a pre-COVID $122 billion (about 6½% of GDP) to more than $200 billion over the course of this critical decade.

<h2>Strawberry Hills, forever…</h2>

While tech centres could theoretically be located anywhere (I co-founded a PropTech startup wherefrom all three of the founders are now based at Gold Coast, for example), Sydney is forging ahead to become the beating heart of tech and innovation in Australia.

Although Google has taken up substantial commercial space at Pyrmont – and adjacent Ultimo also serves as a home for budding tech entrepreneurs – lately Surry Hills has become the base of many key players, from Blackbird Ventures and Startmate, to tech unicorns Canva and SafetyCulture, as well as Dovetail and numerous others.

There are more than 160,000 STEM graduates in New South Wales, and being a location both attractive to new migrant talent and in close proximity to several of Australia’s eminent Universities, Sydney’s Strawberry Hills district will continue to be a strong drawcard.

The NSW government’s announcement of the $2.5 billion ‘Tech Central’ in the Central Precinct at the southern end of Sydney’s CBD has effectively cemented the trend, at a stroke aiming to add 250,000 square metres of net lettable floor space and an estimated 25,000 tech, STEM, and innovation jobs, including across a hundred new scaleup companies.

Sydney’s tech giant Atlassian has been announced as an anchor tenant and will be headquartered at an environmentally friendly giant timber tower to be constructed at a Railway Square site, creating sustainable space for up to 4,000 employees.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/atlassian.jpg" rel="gallery-all" title="World’s tallest hybrid timber tower design (Atlassian)"><img alt="" class="image-article-full-width-580px" height="322" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/atlassian.jpg?itok=RcjMXULi" title="World’s tallest hybrid timber tower design (Atlassian)" width="580"></a>

<figcaption>World’s tallest hybrid timber tower design (Atlassian)</figcaption></figure><h2>Busting the bros club</h2>

The original Silicon Valley long held the reputation of being a ‘bros club’, but for Sydney’s tech centre cultural vibrancy, diversity, and inclusion will each be stated government benchmarks.

The consummate tech superstar Melanie Perkins, founder of the design unicorn Canva, has already amply demonstrated with her personable Perthite flair that the future for Sydney’s tech community needn’t be a male-dominated affair.

If Australia is to triumph in the forthcoming global war for talent, Sydney’s nascent tech precinct ideally needs an internationally recognisable moniker.

It could do worse than playfully channelling Jose Antonio Samaranch’s announcement of “Syddie” as the winning host of the 2000 Olympics, being one of the Emerald city’s most memorable modern moments.

‘Sydicon Valley’ – or perhaps a wittier variation thereof! – can be Australia’s major, world-class innovation hub, and should aim to position the harbour city as one of the world’s leading technology metropolises.

<h2>A vision for Sydney’s Silicon Valley</h2>

The NSW Government has already mapped out the State Significant Precinct (SSP) area running from Pitt Street at its north end, past Central Station, and down to Cleveland Street on the edge of Surry Hills and Redfern.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ssp-area.jpg" rel="gallery-all" title="Central Precinct SSP Area (Planning NSW)"><img alt="" class="image-article-full-width-580px" height="583" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/ssp-area.jpg?itok=BXLJhlAH" title="Central Precinct SSP Area (Planning NSW)" width="580"></a>

<figcaption>Central Precinct SSP Area (Planning NSW)</figcaption></figure>For years it’s been debated how best to regenerate the tired tramsheds and redundant railyards of Central Sydney.

Behold, the birth of Sydney’s very own Silicon Valley!

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/urban-growth-nsw-artists-impression.jpg" rel="gallery-all" title="Artist’s impression (Urban Growth NSW)"><img alt="" class="image-article-full-width-580px" height="378" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/urban-growth-nsw-artists-impression.jpg?itok=5m60CXJ4" title="Artist’s impression (Urban Growth NSW)" width="580"></a>

<figcaption>Artist’s impression (Urban Growth NSW)</figcaption></figure>Suburbs set to directly benefit from this mega-project will include Chippendale and Camperdown to the inner west, Surry Hills and Redfern to the east, and Erskineville and Alexandria to the south.
</body></html>

Behold, the birth of Sydney’s very own Silicon Valley!

The road to ‘Syd-icon Valley’: Pete Wargent 

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2021 is shaping up as very difficult for universities, as well as the <a href="https://internationaleducation.gov.au/research/research-papers/Documents/ValueInternationalEd.pdf">more than 130,000 people</a> whose jobs rely on the international education sector.

In October 2019 almost <a href="https://www.abs.gov.au/statistics/industry/tourism-and-transport/overseas-arrivals-and-departures-australia/latest-release#arrivals-international-students">51,000 new and returning international students</a> arrived in Australia. In October 2020, this figure had fallen by 99.7% — to just 130.

The Mitchell Institute <a href="https://www.vu.edu.au/sites/default/files/issues-brief-international-students-covid.pdf">has previously estimated</a> about 36% of annual international student spending is on property and another 36% is on hospitality and retail. The large drop in international students inside Australia means the many businesses and property owners that rely on international students will continue to suffer.

Australian states had plans to trial the return of some students with quarantine arrangements in place. These <a href="https://www.sbs.com.au/language/english/when-can-international-students-return-to-australia-here-s-a-state-wise-update">included returning</a> 300 international students to South Australia, 350 to the ACT, and setting aside up to 1,000 quarantine places per week in NSW for international students and temporary migrants. Other states hadn’t specified their plans.

But the NSW effort to bring back international students <a href="https://www.smh.com.au/politics/nsw/hard-to-see-a-safe-corridor-nsw-shelves-plan-for-return-of-international-students-20210107-p56scz">has stalled</a>, while the ACT is still waiting for approval from the Commonwealth and South Australia’s plan has not been finalised. Only the <a href="https://www.sbs.com.au/language/english/when-can-international-students-return-to-australia-here-s-a-state-wise-update">Northern Territory has succeeded</a> in bringing back 63 international students since the borders closed to temporary visa holders in March last year.

But even if all the states had progressed with their plans, there would be nowhere near the amount of international students needed to stem the economic shortfall.

<h2>Fewer students coming in than going out</h2>

The impact of the coronavirus pandemic on the international education sector differs to other parts of our economy. Employment in industries such as retail and hospitality <a href="https://www.abs.gov.au/statistics/labour/employment-and-unemployment/labour-force-australia/latest-release">have recovered slightly</a> from the initial COVID-19 shock.

But the international education sector continues to decline and is yet to reach its lowest point.

While the situation is bleak, there are encouraging signs for renewal.

The concepts of stock (the number of current students) and flow (the number of new students) help understand the nature of the problems facing the international education sector.

Since the start of the coronavirus pandemic, the stock of enrolled international students has become smaller as they finish their courses.

In October 2019, <a href="https://internationaleducation.gov.au/research/research-snapshots/Documents/RS_2021ReturningStudents.pdf">580,202 international students</a> were enrolled in Australian courses. By October 2020, this had reduced by 13% to 502,206.

The stock has shrunk because the pandemic has interrupted the flow of new international students. This means there are fewer new students replacing those finishing their courses.

There is still some flow of new students into courses. For instance, between July and October 2020 <a href="https://internationaleducation.gov.au/research/research-snapshots/Documents/RS_CommencementsOctober2020.pdf">about 25,000 new international students started a course</a> in Australia. But this is much lower than the 100,000 during the same period in 2019.

And from now on, the stock of enrolled international students is likely to continue to fall much more quickly than the flow of new students.

According to <a href="https://internationaleducation.gov.au/research/research-snapshots/Documents/RS_2021ReturningStudents.pdf">Australian government data</a>, about 120,000 international students, or 24% of the enrolled cohort, were due to finish their course between October 2020 and January 2021. With borders remaining closed there is unlikely to be enough students to replace them.

<h2>Students outside Australia aren’t spending in the economy</h2>

Compounding the problem is that many international student visa holders are outside Australia. In the <a href="https://www.abs.gov.au/statistics/economy/international-trade/international-trade-supplementary-information-calendar-year/latest-release">2019 calendar year</a>, international education contributed more than $40 billion to the Australian economy. At the end of December 2020, 158,014 out of 543,522 visa holders were not in the country. This means they will not be spending in the wider Australian economy.

The graph below uses Australian government data to show the location of international student visa holders inside and outside Australia since the start of the pandemic. The number of international student visa holders inside Australia has steadily declined.

<hr>
<iframe class="tc-infographic-datawrapper" frameborder="0" height="400px" id="SrYXY" src="https://datawrapper.dwcdn.net/SrYXY/3/" style="border: none" width="100%"></iframe>

<hr>
The number of international student visa holders inside Australia at the end of 2020 (around 385,000) had dropped by almost 195,000 <a href="https://www.homeaffairs.gov.au/research-and-stats/files/student-temporary-grad-program-report-june-2020.pdf">compared to October 2019</a>.

The trials to bring back international students were mostly addressing the issue of existing students (the stock) stranded overseas. Even if they were successful, they would not have had a substantial impact on restarting the flow of new international students into Australia.

<h2>What’s the economic impact?</h2>

Universities have been affected greatly by the crisis. In 2019, universities <a href="https://www.dese.gov.au/higher-education-publications/resources/2019-higher-education-providers-finance-tables">reported A$9.8 billion in revenue</a> from international students. Throughout 2020, <a href="https://www.timeshighereducation.com/news/melbourne-losses-not-bad-predicted">losses may have been somewhat contained</a> as international students were still finishing their courses.

However, the continued reduction in the stock of international students means 2021 should be the year the financial impact of the crisis will bite.

More than 40% of the sector’s <a href="https://theconversation.com/australian-universities-could-lose-19-billion-in-the-next-3-years-our-economy-will-suffer-with-them-136251">annual student revenue</a> now comes from international students.

Based on a reduction of 30% in higher education international students who have either <a href="https://internationaleducation.gov.au/research/research-snapshots/Documents/RS_2021ReturningStudents.pdf">finished or scheduled to finish</a> their courses before 2021, the university sector can expect at least a A$3 billion reduction in international student revenue this year compared to 2019.

Modelling by Universities Australia shows by 2023, <a href="https://theconversation.com/covid-19-what-australian-universities-can-do-to-recover-from-the-loss-of-international-student-fees-139759">universities stand to lose A$16 billion</a> due to the loss of international students. Previous <a href="https://theconversation.com/australian-universities-could-lose-19-billion-in-the-next-3-years-our-economy-will-suffer-with-them-136251">modelling by the Mitchell Institute</a> shows universities stand to lose up to A$19 billion by 2023.

It is not just a university problem. The graph below shows the enormous growth in the international education sector. It uses data from the <a href="https://www.abs.gov.au/statistics/economy/international-trade/international-trade-supplementary-information-calendar-year/latest-release">Australian Bureau of Statistics</a> (ABS) and breaks down the economic contribution into two groups, tuition fees, and goods and services.

<hr>
<iframe class="tc-infographic-datawrapper" frameborder="0" height="400px" id="TDab3" src="https://datawrapper.dwcdn.net/TDab3/2/" style="border: none" width="100%"></iframe>

<hr>
In 2019, the ABS estimates 57% of the A$40 billion that international education contributed to the Australian economy, or A$22.8 billion, came in the form of goods and services spent in the wider economy.

<a href="https://www.vu.edu.au/mitchell-institute/tertiary-education/australia-to-lose-half-its-international-students-by-mid-2021">Research from the Mitchell Institute</a> has previously estimated if borders remained closed by mid-2021 there would be a 50% reduction in the number of international student visa holders inside Australia. This would roughly equate to an annual reduction of about A$11.4 billion in spending in the broader economy.

<h2>Green shoots of renewal</h2>

Despite the extraordinary challenges, there are positive signs. Visa application data shows people are still applying for international student visas.

The graph below compares monthly student visa approvals between January 2018 and November 2020. It excludes those whose last visa was a student visa, to better capture new applicants instead of current students extending or changing their visa.

<hr>
<iframe class="tc-infographic-datawrapper" frameborder="0" height="400px" id="Vs9nA" src="https://datawrapper.dwcdn.net/Vs9nA/1/" style="border: none" width="100%"></iframe>

<hr>
This graph shows there has been a sharp drop in approvals since April 2020. In April, there was a 78% drop from the number of approvals the year before and an 83% drop in May. However, there has been some stabilisation. In November 2020, visa approvals were around 38% what they were the year before — a drop of 62%.

The fact there are still a significant number of applications and approvals in the current environment is a testament to how Australia remains an attractive prospect for many international students.

It suggests that if the international education sector can weather the storm of 2021, better times await in 2022 and beyond.<img alt="The Conversation" height="1" src="https://counter.theconversation.com/content/153180/count.gif?distributor=republish-lightbox-basic" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important" width="1">

<a href="https://theconversation.com/profiles/peter-hurley-342847">Peter Hurley</a>, Policy Fellow, Mitchell Institute, <a href="https://theconversation.com/institutions/victoria-university-1175">Victoria University</a>

This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/2021-is-the-year-australias-international-student-crisis-really-bites-153180">original article</a>.
</body></html>

2021 is the year Australia's international student crisis really bites

Townhouses provide an affordable alternative to freestanding homes in capital cities, ideal for families, investors and young professionals.&nbsp;

Despite Brisbane&#39;s ban on new townhouse developments in low-density residential suburbs, approved&nbsp;in 2019, demand for these property&#39;s still exist. This provides&nbsp;great investment potential&nbsp;for those interested in securing an affordable townhouse in Brisbane&#39;s outer suburbs.&nbsp;

Urban takes a look at six of Brisbane&#39;s best value townhouses on the market right now.&nbsp;

1. <a href="/buildings/gardenia-7-franco-place-bridgeman-downs">Gardenia</a>, Bridgeman Downs 
Address: 249 Gardenia Place, Bridgeman Downs QLD 4035 
Three-bedroom townhomes from $489,999

<a href="/buildings/gardenia-7-franco-place-bridgeman-downs"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gardenia1.jpg?itok=Ch2rBapZ" style="width: 580px; height: 435px;" /></a>

Comprising 38 contemporary townhomes, Gardenia estate combines quality finishes and neutral tones to create a modern atmosphere. Developed in the leafy green surrounds of Bridgeman Downs, the stylish turn-key homes offer great value for investors and owner-occupiers alike.

Bridgeman Downs is one of Brisbane North&rsquo;s most sought-after suburbs, known for its open, green spaces and close proximity to the Brisbane CBD, Chermside shopping centre and Prince Charles Hospital.

[smartcode_project:default project_id=29167]

2. <a href="/buildings/sunset-on-bramble-15-bramble-street-woody-point?last_source_news_article_id=89594&amp;ref=news_related_project">Sunset on Bramble</a>, Woody Point 
Address: 15 Bramble Street, Woody Point QLD 4019 
Three-bedroom townhomes from $525,000

Sunset on Bramble offers contemporary beachside living in an established neighbourhood. Situated in Woody Point, potential buyers will be wowed by the relaxed seaside living and charming eateries that dot the coastal suburb.

The development boasts open-plan living, light-filled spaces and floor-to-ceiling windows. Ensuring convenience, these townhomes are located only 30 minutes to the Brisbane CBD, 25 minutes to the Brisbane Airport and under an hour to the Sunshine Coast.

[smartcode_project:default project_id=29177]

3. <a href="/new-townhouses/parkvista-5-kingsdale-avenue-thornlands">Parkvista</a>, Thornlands 
Address: Kingsdale Avenue, Thornlands QLD 4164 
Three-bedroom townhomes from $417,000

<a href="/new-townhouses/parkvista-5-kingsdale-avenue-thornlands"><img alt="" height="1440" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkvista.jpg" width="3200" /></a>

Thornlands&rsquo; latest two-staged project, Parkvista, could potentially be ideal for families hoping to find an inviting and friendly community. The stylish, turn-key townhomes offer community living, complete with pool, green spaces and sheltered seating areas.

Over 2.2 hectares of parklands are adjacent to the community, with integrated playgrounds and brand-new community childcare centre only a few minutes&rsquo; walk away. The residences boast tasteful interior design, energy efficient appliances and low-maintenance landscaping.

[smartcode_project:default project_id=28075]

4. <a href="/buildings/clearwater-junction-clearwater-street-bethania?last_source_news_article_id=89594&amp;ref=news_related_project">Clearwater Junction</a>, Bethania 
Address: Clearwater street, Bethania QLD 4205 
Three-bedroom townhomes from $335,000

<a href="/buildings/clearwater-junction-clearwater-street-bethania"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bethania.jpg" width="1200" /></a>

South of Brisbane&rsquo;s CBD within the Logan City region sits the affordable Clearwater Junction development. The boutique estate, a collection of 61 three-bedroom townhouses, has been developed with timeless design in mind.

Offering a comfortable new home located nearby Logan entertainment precinct, the project offers open-plan living, modern kitchen and spacious bedrooms for young professions, families or investors.

[smartcode_project:default project_id=29171]

5. <a href="/buildings/metro-on-brushwood-9-11-wattlebird-street-mango-hill?last_source_news_article_id=89594&amp;ref=news_related_project">Metro on Brushwood</a>, Mango Hill 
Address: 9-11 Wattlebird Street, Mango Hill QLD 4509 
Three-bedroom townhomes from $360,000

<a href="/buildings/metro-on-brushwood-9-11-wattlebird-street-mango-hill"><img alt="" height="1440" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkvista.jpg" width="3200" /></a>

Offering a total of 79 townhomes with a mix of three and four-bedroom configurations, Metro on Brushwood presents high standard living at great value. The development provides an amazing opportunity for young families or those looking to add to their investment portfolio.

Metro on Brushwood features an onsite manager, entertainment area and a gym, as well as a fully-fenced private courtyard and modern kitchen.

[smartcode_project:default project_id=29176]

6. <a href="/buildings/fulcher-lane-102-fulcher-road-red-hill">Fulcher Lane</a>, Red Hill 
Address: 102 Fulcher Road, Red Hill QLD 4059 
Three-bedroom townhomes from $869,000

<a href="/buildings/fulcher-lane-102-fulcher-road-red-hill"><img alt="" height="533" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fulcher_.jpg" width="800" /></a>

Situated in Brisbane&rsquo;s inner-north, Fulcher Lane features 20 three-bedroom, three-bathroom townhouses. The homes&rsquo; architecture includes a &lsquo;Queenslander&rsquo; style exterior, to ensure they blend in well with the surrounding established homes.

The luxury residences are expected to reach completion later this year, offering open-plan living, multi-purpose room, and the choice to tailor the home to a family&rsquo;s individual needs. This includes adding a private lift, pool, or altering floor-plan configurations in some areas of the home.

[smartcode_project:default project_id=29185]

Urban takes a look at six of Brisbane's best value townhouses on the market right now

6 of Brisbane’s best value townhomes on the market

<html><body>
Demand for lifestyle areas have been exacerbated by COVID-19, CoreLogic’s best of the best 2020 report revealed.

The report, dominated by Australia’s high-performing regional areas, highlighted the resilience of luxury markets in Australia.

“The relative popularity of lifestyle markets is evident in our report, and regional Australia out-performed the combined capital cities market”, said CoreLogic's head of research, Eliza Owen.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-13_at_8.22.20_pm.png" rel="gallery-all" title="Top performing regional suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="298" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-13_at_8.22.20_pm.png?itok=aLkp7KZD" title="Top performing regional suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing regional suburbs. Source: CoreLogic</figcaption></figure>Sunshine Beach on Queensland’s Sunshine Coast saw the highest annual capital growth in houses nationally, with an annual change in value of 27.6 per cent. The nearby Sunrise Beach also saw a significant annual growth of 24.4 per cent, to a median house value of $1.23 million.

The Sunshine Coast also hosted the regional property market’s best performing units with Noosa Heads and Sunshine Beach placing first and third, respectively, for the highest median unit value.

For investors and owner-occupiers who have yet to break into the Queensland market, their interests are expected to turn to the units with the highest annual capital growth, located on the Gold Coast.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-13_at_8.22.27_pm.png" rel="gallery-all" title="Top performing regional suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="296" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-13_at_8.22.27_pm.png?itok=QRpeGg7D" title="Top performing regional suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing regional suburbs. Source: CoreLogic</figcaption></figure>Currumbin recorded a 24.9 per cent annual growth in unit value to $632,749, while Tugun and Bilinga recorded an 18.7 per cent and 21.8 per cent growth, respectively.

Gold Coast’s Palm Beach similarly recorded a 20.8 per cent annual growth in unit prices, and has seen <a href="/news/temple-palm-beach-whole-floor-apartment-sells-for-375-million">recent trophy apartment sales</a>.

“Overall, the housing market outlook for 2021 is positive, given highly accommodative monetary and fiscal policy, signs of an economic recovery and many first home buyer incentives remaining in place through to early next year,” Owen said.

<h2>Here are two apartments in Queensland’s high-performing suburbs on the market right now</h2>

1. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One</a>, Surfers Paradise 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $705,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chevron_one_island.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/chevron_one_island.jpg?itok=uDq5_-L_" width="580"></a>

Located in Surfers Paradise, Chevron One presents an opportunity to secure a luxury residence nearby other high-performing Gold Coast suburbs. Bensons Property Group’s Chevron One boasts a collection of 236 one, two and three-bedroom apartments.

Designed by Marchese Partners, the development includes a Club One residents’ lounge, floating cinema, sculptured gardens and dining facilities. 
 

2. <a href="/buildings/elysian-185-old-burleigh-road-broadbeach">Elysian</a>, Broadbeach 
Address: 185 Old Burleigh Road, Broadbeach QLD 4128 
Two-bedroom apartments from $835,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elysian.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="350" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/elysian.jpg?itok=Rxk6SYe2" width="580"></a>

Spanning 21 levels, Spyre Group's Elysian is a boutique collection of 61 apartments. Redefining the standard of luxury, Elysian blends modern luxe styling with expansive ocean, city and Gold Coast hinterland views.

Designed by Bureau Proberts, the development includes floor-to-ceiling windows, resident-only pool, gym and yoga terrace and smart home technology.
</body></html>

Regional Australia out-performed the combined capital cities market, according to CoreLogic's Eliza Owen.

Regional Queensland market dominates CoreLogic's best of the best report

<html><body>
CoreLogic’s best of the best 2020 report has revealed that the highest median unit value was found in Point Piper, as with 2019.

The report revealed Australia’s $7.2 trillion residential real estate market proved resilient in the face of a global pandemic, leaving an overall positive market outlook for 2021.

Eliza Owen, CoreLogic’s head of research, said the report highlighted the resilience of luxury markets in Australia.

<blockquote>
“This is not to say these suburbs have been unaffected by the pandemic; indeed the high end of the Sydney market is generally more volatile to changes in economic conditions. However, this volatility also tends to see a rapid recovery in the wake of lower mortgage rates and an improvement in consumer sentiment.”
</blockquote>

All ten of suburbs listed amongst the nation’s best for unit value were located in Sydney, with Point Piper taking the top spot with a median unit value exceeding $2.28 million.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/units.png" rel="gallery-all" title="Top performing capital city suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="358" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/units.png?itok=UMi3PAjN" title="Top performing capital city suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing capital city suburbs. Source: CoreLogic</figcaption></figure>Darling Point took the second spot, with 78 units sold throughout the year and a median value of $1.785 million.

Sydney’s eastern suburbs performed well across the board, with Darling Point, Bellevue Hill and Vaucluse taking the three top spots for highest median house value. Double Bay, Tamarama, Rose Bay and Dover Heights also made the top ten.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/houses.png" rel="gallery-all" title="Top performing capital city suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="352" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/houses.png?itok=V9K-dHl0" title="Top performing capital city suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing capital city suburbs. Source: CoreLogic</figcaption></figure><h2>Here are two luxury apartments you can secure in Sydney’s high-performing eastern suburbs</h2>

1. <a href="/buildings/marmont-319-new-south-head-road-double-bay">Marmont</a>, Double Bay 
Address: 219 New South Head Road, Double Bay NSW 2028 
Two-bedroom apartments from $2,595,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/marmont.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="346" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/marmont.jpg?itok=JI7D4JMZ" width="580"></a>

Expected to reach completion early 2021, Fortis’ latest Double Bay project offers an exciting opportunity to secure a two or three-bedroom residence in Sydney’s inner-eastern suburbs.

Designed by MHNDUnion, Marmont features floor-to-ceiling glazed windows, views across the harbour and extensive terrace balconies. 
 

2. <a href="/buildings/dusk-625-627-old-south-head-road-rose-bay">Dusk</a>, Rose Bay 
Address: 625-627 Old South Head Road, Rose Bay NSW 2029 
Two-bedroom apartments from $1,795,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dusk.jpeg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/dusk.jpeg?itok=p7dBDFYv" width="580"></a>

Located in the heart of the high-performing Rose Bay, Dusk hosts nine two and three-bedroom apartments just six-kilometres from the Sydney CBD.

The exclusive harbourside residence, delivered by Maestro Rosebay, offers private views, considered interiors and an architecturally-designed façade by Bureau SRH.
</body></html>

Sydney's Point Piper boasts Australia's highest median unit value, according to CoreLogic’s best of the best 2020 report. 

Point Piper hosts Australia’s priciest apartments: CoreLogic 

Whether your&nbsp;children have moved out or you&#39;re wanting to save money, downsizing provides a great option for couples of all ages &ndash; but downsizing doesn&#39;t have to mean downgrading.&nbsp;

With Sydney&#39;s luxury market proving resilient following the coronavirus pandemic, many buyers are seeing the benefit of investing in a high-end development at affordable prices.&nbsp;

Below&nbsp;are nine of the best downsizer apartments on the market in Sydney to help you on your journey towards finding a new home.&nbsp; 
&nbsp;

1. <a href="/buildings/polo-collection-55-rothschild-avenue-rosebery">Polo Collection</a>, Rosebery 
Address: 55 Rothschild Avenue, Rosebery NSW 2018 
One-bedroom apartments from $710,000

<a class="colorbox colorbox-insert-image" href="/buildings/polo-collection-55-rothschild-avenue-rosebery" rel="gallery-all" target="_blank"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/polo_collection.jpg?itok=KAk-HRy4" width="580" /></a>

Meriton&rsquo;s Polo Collection offers downsizers the chance to remain close to the CBD and enjoy luxury living in a brand new architecturally designed apartment.

Comprising 275 luxury apartments across four buildings, the development offers dynamic and elegant living, green vistas and floor-to-ceiling glass windows, designed by SJB Architects.

[smartcode_project:default project_id=7588]

2. <a href="/buildings/alex-collective-alexandria-163-173-mcevoy-street-alexandria-nsw-2015">Alex Collective</a>, Alexandria 
Address: 163-173 McEvoy Street, Alexandria NSW 2015 
One-bedroom apartments from $750,000

<a href="/buildings/alex-collective-alexandria-163-173-mcevoy-street-alexandria-nsw-2015"><img alt="" height="2160" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alexcollec.jpeg" width="3189" /></a>

In the neighbouring suburb of Alexandria, 163 apartments in one, two and three-bedroom configurations are set to be delivered by Ceerose, boasting floor-to-ceiling storage, bay windows and a balcony fringed by greenery.

Tastefully designed by Andrew Burns Architecture, Alex Collective features concrete-inspired stone benchtops, sandstone-toned joinery and integrated black glass ovens, bringing a warm and contemporary aesthetic with an industrial edge.

[smartcode_project:default project_id=29785]

3. <a href="/buildings/cornerstone-717-727-canterbury-road-belmore">Cornerstone</a>, Belmore 
Address: 717-727 Canterbury Road, Belmore NSW 2192 
Two-bedroom apartments from $655,000

<a href="/buildings/cornerstone-717-727-canterbury-road-belmore"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cornerstone.jpg" width="1200" /></a>

Whilst further from the offerings of the CBD, Sydney&rsquo;s inner-south-west provides the ideal downsizer location, boasting a tight-knit community and, soon, the proposed Belmore metro station.

Delivered by ALAND, Cornerstone features high ceilings, open-plan kitchens, alfresco dining areas and recessed balconies. Ground floor retail space and local parkland activate the residence.

[smartcode_project:default project_id=9188]

4. <a href="/buildings/lighthouse-9-17-howard-avenue-dee-why">Lighthouse</a>, Dee Why 
Address: 9-17 Howard Avenue, Dee Why NSW 2099 
Two-bedroom apartments from $935,000

<a href="/buildings/lighthouse-9-17-howard-avenue-dee-why"><img alt="" height="474" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lighthouse.jpg" width="1024" /></a>

Situated in Dee Why&rsquo;s new retail hub, Meriton&rsquo;s Lighthouse development offers the tallest towers in the Northern Beaches suburb.

Complete and ready to move in, the development is built over four buildings and offers views of the ocean, beach and lagoon. Downsizers or retirees will enjoy the convenience of this development, located nearby ocean shores and within 35 minutes to Sydney&rsquo;s CBD.

[smartcode_project:default project_id=6337]

5. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination</a>, Macquarie Park 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
One-bedroom apartments from $600,000

<a href="/new-apartments/trilogy-112-talavera-road-macquarie-park"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/destination.jpg" width="1920" /></a>

Located within NSW&rsquo;s second largest business district, Destination offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park&rsquo;s competitive advantages, including its proximity to Macquarie University.

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle.

[smartcode_project:default project_id=8669]

6. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley</a>, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
Two-bedroom apartments from $752,900

<a href="/buildings/moseley-17-21-moseley-street-carlingford"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moseley.jpg" width="1200" /></a>

Still located in the City of Ryde, and close-by Epping Station is the affordable Moseley project by H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.

The apartment offers private storage, a gym, communal entertaining areas and an electric charging dock.

[smartcode_project:default project_id=25486]

7. Elle, Waitara 
Address: 53 Balmoral Street, Waitara NSW 2077 
Two-bedroom apartments from $749,000

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elle_.jpg" width="1200" />

Located on Sydney&rsquo;s Upper North Shore, Elle provides a prime location for downsizers to enjoy the convenience and style of elite suburban living.

The new residential community boasts free-flowing contemporary living options and landscaped garden space, delivered by Developcorp. Elle is minutes to public transport, quality private schools and Hornsby shops.

[smartcode_project:default project_id=29140]

8. <a href="/buildings/park-avenue-waitara-16-20-park-avenue-waitara">Park Avenue</a>, Waitara 
Address: 16-20 Park Avenue, Waitara NSW 2077 
Two-bedroom apartments from $649,000

<a href="/buildings/park-avenue-waitara-16-20-park-avenue-waitara"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park_av.jpg" width="1200" /></a>

Also located in the fast-growing is Park Avenue, offering one and two-bedroom configurations, ideal for investors or downsizers. The spacious residence is located in proximity to Hornsby&rsquo;s amenities.

The residences offer practical layouts, balconies, spacious bedrooms and the relaxed lifestyle of the Upper North Shore community.

[smartcode_project:default project_id=29538]

9. <a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill">Collection</a>, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
One-bedroom apartments from $399,000

<a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill"><img alt="" height="548" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rouse-hill-1.jpg" width="987" /></a>

Downsizing doesn&rsquo;t have to mean smaller either. Collection provides 311 residences in one, two and three-bedroom configurations in Sydney&rsquo;s growing north-west region.

Designed by DKO Architecture, the master-planned offers spacious open-plan layouts, generous entertainer balconies and beautiful views of the surrounding landscape and Berowra Valley National Park.

Rouse Hill&rsquo;s town centre boasts an abundance of amenities and retail offerings, as well as a new metro station that connects residents to Castle Hill, Chatswood and Sydney&rsquo;s CBD.

[smartcode_project:default project_id=6284]

Here are nine apartments on the market in Sydney to match the needs of downsizing couples

Nine of the best downsizer apartments on the market in Sydney

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Joel Robinson

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Max Kwok

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