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A boutique thoroughbred stud property in the Glass House Mountains has been listed for sale with a price guide of $3 million-plus.
Situated on 13.9 hectares, Serenity boasts a six-bedroom home with six bathrooms, a stand-alone teppanyaki grill, wine cellar and bar.
The thoroughbred stud property includes six paddocks with day shelters, spelling yards and day yards, a concrete block stable featuring 10 stables, a vet crush, a horse mechanical walker and an enclosed round yard.
The concrete block stable also includes an office, kitchenette and bathroom.
Situated adjacent to the stable is the staff accommodation, made up of three bedrooms, one bath and a one-bedroom granny flat.
Serenity also features a swimming pool and two dams.
The current vendors built the property around six years ago.
The property is listed through Greg Young of <a target="_blank" href="https://www.henzellsmooloolaba.com.au/pol/property/search.asp?f_propertyID=1982129&amp;xsl=4462&amp;f_st=1&amp;f_ct=1,3,4&amp;f_ps=2">Henzells Mooloolaba</a>, with expression of interest closing June 27.
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Thoroughbred stud property Serenity in Glass House Mountains seeks $3 million-plus

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The latest project to arrive in Sydney’s Lewisham is the Alpha Apartment complex, boasting 68 apartments across five levels.
Located on the corner of McGill Street and Canterbury Road, the property features one-, two- and three-bedroom apartments and has been designed by Tony Owen Architects.
<a target="_blank" href="https://www.tgc.com.au/residential/projects/20-McGill-St-Lewisham-11">Alpha</a> (pictured below) will take advantage of the inner west light rail extension and offer residents quick and easy transport with the Lewisham West light rail stop at its doorstep.
<img alt="lewishammay15one" src="/images/stories/2013/05/lewishammay15one.jpg" width="470" height="262">
<img alt="lewishammay15two" src="/images/stories/2013/05/lewishammay15two.jpg" width="470" height="235">
One-bedroom apartments range in size from 50 square metres to 94 square metres and are priced from $475,000.
Two-bedroom apartments range in size from 65 square metres to 91 square metres and start from $640,000.
Two- and three-bedroom skyhomes range in size from 72 square metres to 126 square metres and start from $710,000.
 
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<img alt="lewishammay15three" src="/images/stories/2013/05/lewishammay15three.jpg" width="470" height="310">
Although the official marketing campaign is yet to kick off, Jean-Paul Markopoulos of TGC Residential Projects says there are some eager owner-occupier buyers registering.
There are currently 15 apartments reserved, pending a contract.
<img alt="lewishamjune12one" src="/images/stories/2013/06/lewishamjune12one.jpg" width="470" height="325">
Markopoulos says interest has been particularly strong for the larger two-bedroom apartments and sky-homes.
“We are confident that when we kick off, we will sell 70% fairly quickly,” says Markopoulos.
The median unit price in Lewisham has experienced a 13% growth over the past year and is currently $475,000 according to RP Data.
Alpha has an expected completion date of 2015.
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Alpha the latest project to hit Sydney's Lewisham

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A five-bedroom tropical oasis designed by Stephen Kidd is on the market with a price guide around $3 million.
Located on Belmore Terrace in Sunshine Beach, the 524-square-metre property features travertine limestone tiles, New Guinea rosewood floors and pivoting entrance doors.
The tropical courtyard boasts Lord Howe Island Kentia Palms and a glass roof runs through the core of the house.
The home also features floor to ceiling glass windows, four bathrooms and an outdoor entertainers area with an inbuilt barbeque.
An outdoor swimming pool is also included and a beach shower is located within the garden.
The Kidd-designed home was built in 2011 after the allotment was purchased in February 2008 for $1.4 million.
It is currently listed through Mike Hay and David Conolly of <a target="_blank" href="https://www.century21.com.au/property/180788/">Century 21 Conolly Hay Group Noosa Heads.</a>
The median house price in <a target="_blank" href="/news">Sunshine Beach</a> is $720,000 according to RP Data.
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Stephen Kidd-designed tropical oasis trophy home seeks $3 million

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Hobart houses and units continue to spend the most time on the market, according to an RP Data report for the week ending June 9.
Hobart houses spend an average of 74 days on the market and offer the largest average vendor discount of 13.2%.
Hobart units spend an average of 103 days on the market and offer an average vendor discount of 11.1%.
Sydney houses spend the least amount of time on the market – an average of 35 days – and Sydney units only spend an average of 33 days on the market.
<img alt="rpdatatimeonmarketjune12one" src="/images/stories/2013/06/rpdatatimeonmarketjune12one.gif" width="470" height="318">
<img alt="rpdatatimeonmarketjune12two" src="/images/stories/2013/06/rpdatatimeonmarketjune12two.gif" width="470" height="422">
<img alt="rpdatatimeonmarketjune12three" src="/images/stories/2013/06/rpdatatimeonmarketjune12three.gif" width="470" height="427">
‘Time on market’ (TOM) is simply the average number of days between when a property is first listed for sale and the contract date.
The rate of vendor discounting is the average percentage difference between the original listing price and the final selling price.
The statistics are calculated across results received by rpdata over the past week and include properties transacted over the past four weeks.
The data is based on private treaty sales only and records without a valid sale price have been excluded from the vendor discount analysis. The analysis also excludes results where there are less than 10 observations.
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Hobart houses and units continue to linger on the market: RP Data

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Western Australia and Tasmania have led the states in the latest new listings activity figures published by RP Data for the week ending June 9. 
Western Australia recorded a 2.4% month-on-month (seasonally adjusted) increase in listings, while Tasmania had a 0.5% increase.
<img height="250" width="470" src="/images/stories/2013/06/rpdatanewlistingsjune12one.gif" alt="rpdatanewlistingsjune12one">
<img height="205" width="470" src="/images/stories/2013/06/rpdatalistingsjune3two.gif" alt="rpdatalistingsjune3two">
The RP Data listings index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing market.
RP Data customers account for over 70% of all listings in the Australian property market.
The index, which tracks the flow of metadata across RP Data’s real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.
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WA and Tasmania lead new residential listings activity: RP Data 

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A dual level shop and residence on Great North Road on Abbotsford has been listed for sale for $1 million plus.
The 187-square-metre property features a self-contained upper level apartment with two bedrooms and a Caesarstone kitchen with stainless steel appliances.
The apartment also features a balcony with water and mountain views.
The property is zoned R2 as the lower level features a shop space including a large showroom, kitchenette and high pedestrian visibility.
The property last sold in May 2006 for $670,000.
It will go under the hammer on Saturday July 6 through Jennifer Aaron of <a href="https://www.jenniferaaron.com.au/residential-sales/107380-449-great-north-road" target="_blank">Jennifer Aaron Real Estate.</a>
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Dual level residence with shop possibility in Abbotsford seeks $1 million plus

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House Rules fell short last night but went close to knocking The Block Sky High off its ratings mantle.
With its whole house reveal episode in Adelaide, House Rules on Channel Seven slotted into sixth place with 1.365 million viewers tuning in, according to OzTAM.
It was South Australian couple Carly and Leighton's turn to see their renovated home for the first time.
The master bedroom was the worst scored room, receiving only a four out of 10 by owner couple Carly and Leighton due to an unfinished paint job and the downsizing of a king size bed.
Channel Nine's The Block Sky High ratings had a 1.466 million Monday night audience; an impressive feat considering their reveal night is Sunday when they had a 1.3 million audience. Sky High was up against the new Australian drama on Channel Ten Reef Doctors which has been shifted to Friday nights following a dismal launch of just 357,000.
<div>
The Block Sky High's Madi and Jarrod, the New South Wales couple, scored a near-perfect 29-and-a-half out of 30 to pip West Australia's Matt and Kim by half a point on the Sky High judging when the teams had to renovate and decorate a spare bedroom and ensuite bathroom.
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Melbourne continues to tune in the most, with House Rules rating 334,000 and The Block Sky High rating 543,000 on Monday.
The Voice semi finals – also on Channel Nine - took out the night with a rating of 1.747 million.
Nine News, A Current Affair and Seven News followed, with The Block Sky High ranking fifth.
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House Rules knocking on the door of The Block Sky High

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Woollahra pipped Paddington for the second most expensive sale for the week ending June 9.
It was a three-bedroom house in John Street that sold at auction on June 8 for $3.015 million with at least three bidding parties.
It had been listed with $2.8 million to $3 million hopes.
The John Street property is designed by interior architect David Swan and features double height ceilings, floor to ceiling glass and a sandstone terrace.
Located on 240 square metres, the property also includes a pool.
It last sold in March 1992 for $910,000.
The home was listed through John Anderson and Rohan Aalders of Di Jones Real Estate inconjunction with John Knott of Laing &amp; Simmons Woollahra.
The most expensive sale was a <a href="/news">four-bedroom riverfront home overlooking Hen and Chicken Bay</a> that sold at auction for $4.155 million.
Ten most expensive sales
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/47_abbotsford_parade_abbotsford_nsw_2046/7923850" target="_blank">47 Abbotsford Parade, Abbotsford, NSW, 2046</a>, four-bedroom house, sold at auction on June 8 by McGrath Estate Agents for $4.155 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/88_john_street_woollahra_nsw_2025/7738551" target="_blank">88 John Street, Woollahra, NSW, 2025</a>, three-bedroom house, sold at auction on June 8 by Di Jones Real Estate for $3.015 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/9_sutherland_avenue_paddington_nsw_2021/5275377" target="_blank">9 Sutherland Avenue, Paddington, NSW, 2021</a>, four-bedroom house, sold at auction on June 4 by Di Jones Real Estate for $2.855 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/12_belmore_street_rozelle_nsw_2039/5980484" target="_blank">12 Belmore Street, Rozelle, NSW, 2039</a>, four-bedroom house, sold on June 7 by BresicWhitney Estate Agents Darlinghurst for $2.1 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/41/56_pirrama_road_pyrmont_nsw_2009/14302487" target="_blank">41/56 Pirrama Road, Pyrmont, NSW, 2009</a>, three-bedroom unit, sold on June 4 by Wilson Property Agents Sydney City for $1.995 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/9_alexander_road_dalkeith_wa_6009/11972115" target="_blank">9 Alexander Road, Dalkeith, WA, 6009</a>, five-bedroom house, sold on June 6 by SFR Property Professionals East Perth for $1.9 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/24_the_esplanade_flinders_vic_3929/10996707" target="_blank">24 The Esplanade, Flinders, VIC, 3929</a>, four-bedroom house, sold at auction on June 8 by Abercromby's Real Estate for $1.9 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/2_gwydir_avenue_matraville_nsw_2036/4137351" target="_blank">2 Gwydir Avenue, Matraville, NSW, 2036,</a> five-bedroom house, sold on June 5 by Black Lifestyle Property Randwick for $1.775 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/10/100_bay_road_waverton_nsw_2060/7376782" target="_blank">10/100 Bay Road, Waverton, NSW, 2060</a>, three-bedroom unit, sold prior to auction on June 8 by McGrath Estate Agents for $1.65 million
<a href="https://www.propertyobserver.com.au/https://www.myrp.com.au/property/4/17_calais_road_wamberal_nsw_2260/7254073" target="_blank">4/17 Calais Road, Wamberal, NSW, 2260</a>, three-bedroom unit, sold at auction on June 8 by McGrath Estate Agents for $1.6 million
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Woollahra mansion pips Paddington terrace for second behind Hen & Chicken Bay most expensive: RP Data

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As we farewell the public holiday, scheduled auction volumes are back to normal with 1,700 scheduled across the capital cities this coming week, according to RP Data. 
There were only 763 auctions last week, compared to 1,845 the previous week, with RP Data contributing the volume of auctions last week to the long weekend.
All states bar Perth had a long weekend.
The clearance rate decreased from 72.2% the previous week to 62.6% last week.
At the same time last year, there were 629 auctions with a clearance rate of 42%.
Melbourne auction volumes decreased dramatically last week to a revised figure of 196, compared to 867 auctions the previous week.
Melbourne’s clearance rate also dropped to a preliminary rate of 70%, down from 79.7% the previous week.
At the same time last year, Melbourne held 157 auctions and had a clearance rate of 38.6%,
For a change, Sydney held more auctions last week than Melbourne, with a revised figure of 381 and a clearance rate of 67.7%.
Sydney held 639 auctions the previous week with a higher clearance rate of 75.2%.
At the same time last year, Sydney held 278 auctions and had a clearance rate of 49.8%.
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Scheduled auctions back to normal as we wave goodbye to the Queen's Birthday: RP Data

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Retro kitchens are proving to be a hit with Queensland property hunters, with a 1950s home in Tarragindi being snappily sold recently for $534,000.
The home (pictured above) retains many original features including built-in cabinetry and high ceilings with decorative cornering, but the stand out room is the mint green kitchen. 
Situated on 607 square metres, the three-bedroom home was purchased in 1984 for $76,000.
<a href="https://www.remax.com.au/DisplayProperty.asp?guid=%7bA2F5BE43-0FFD-4CF0-B4BA-36DA4321E7B1%7d" target="_blank">Jerri Harrison-Taylor of Re/Max</a> says the property sold within a week of being listed and she was inundated with calls in the brief time it was on the market.
Not too far away in the suburb of Annerley is an original workers cottage with a blue and white tiled retro kitchen.
The Real Estate Insitute of Queensland's Nicola McDougall <a href="/news">has written on Property Observer today</a> about the appeal of retro kitchens to potential buyers.
Located on Prince Street, the home (pictured below) was built around the turn of the 20th Century and has an asking price of $450,000.
{yoogallery src=[images/stories/2013/06/june11annerley]}
It sits on a 412-square-metre allotment and includes three bedrooms and one bathroom.
It is listed through <a href="https://www.reiq.com/House/for-sale/annerley/2504310.aspx" target="_blank">Chris Warren of Re/Max Colonial.</a>
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Queenland retro kitchens a hot option as 1950s Tarragindi house sells

For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

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Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

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Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <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>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

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Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

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Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

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La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

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<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

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Nicola Trotman

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