Olivia Round

8 of NSW's top luxury apartments

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Cedar Woods' successful Williams Landing developments have proven popular among buyers, with the number of jobs within the area increasing by 36,747 over the decade between 2006 to 2016. Cedar Woods' State Manager Lloyd Collins shared some insight with Apartments.com.au as to why the precinct has received such a great response from buyers. 

<h2>Cedar Woods' commercial project portfolio at a glance</h2>

<ul>
<li>111 Overton Road (strata office)</li>
	<li>101 Overton Road (strata office)</li>
	<li>Target Austalia</li>
	<li>Minister for Finance office</li>
	<li>Williams Landing Shopping Centre </li>
</ul>
Apartments.com.au: With the recent success of Williams Landing, clearly there is a high demand for office space in Melbourne’s western suburbs. Is this a trend you expect to see from other outer-city suburbs, or are there particular characteristics that make Williams Landing unique?

Lloyd Collins: In recent years, we have seen Williams Landing step up as a major commercial hub in the west. As prices continue to rise in Melbourne’s CBD, we are definitely seeing a trend of businesses choosing to decentralise. We have a strong offer of economic rents, excellent rail and road links and retail amenities. Only 20km from the CBD and direct access to the Princes and West Gate Freeways, state-of-the-art train station, and major bus interchange makes Williams Landing Town Centre accessible to Melbourne CBD and Geelong. It’s attractiveness to the commercial sector is backed by our strong sales record – which includes welcoming Target to its new $58.2 million headquarters at the end of 2018, the rapid sell-out success of our first strata building 111 Overton Road, and the sale of the new Minister for Finance office building for $25.9 million. We’re also currently selling our fourth standalone commercial building, 101 Overton Road, which is already over 55 per cent sold.

U: What were the design and location considerations you explored in these developments, and what made them so attractive to buyers?

LC: As a master-planned community, all aspects of the development have been well considered – with design and location lying at the heart of it – to offer something attractive to both investors and occupiers. One of the main location considerations, for instance, was designing the masterplan to guarantee a short walking distance from the office to the train station, cafés, restaurants, shopping centre and open space. In order for Williams Landing to become a leading commercial precinct, we knew that high-quality, contemporary, light-filled office space at an attractive price point would have a strong appeal to businesses, investors and occupiers alike – particularly with the rising rental prices in Melbourne’s CBD. Our commercial buildings have been architecturally-designed by Gray Puksand and Hames Sharley to ensure the design is consistent, well thought out and well delivered.

U: Were the commercial office spaces designed with specific businesses in mind?

LC: We currently have 29,000 m2 of office space either completed or under construction – all of which have their own identity. For instance, our strata offices – both 101 Overton Road and 111 Overton Road – have been designed for small to medium-sized businesses. By offering a range of unit sizes, these commercial opportunities have presented a rare opportunity for many business owners to enter the commercial property market. Additional facilities, such as the in-building conference centre, allows further flexibility to conduct board meetings or presentations in state-of-the-art facilities. On the other hand, we have also developed larger, single occupancy commercial buildings for Target and the Minister for Finance – both of which have been designed to cater to their specific business requirements. For instance, Target wanted large floorplates for open workspaces, parking (for each of its 850 employees), whereas the Minister for Finance wanted certainty on planning and we were able to offer a 15-year lease and 24-hour offices.

U: With the increase of commercial buildings in the area, is there an equally high demand for residential dwellings?

LC: Absolutely. The Williams Landing masterplan shows a continuation of residential development opportunities within the town centre with apartment developments selling out before construction commencement. Williams Landing is unique as a residential growth suburb in Wyndham, with its population increasing to 7,100 residents in 2016. In response to this scale of growth, we recently launched our latest apartment building in Williams Landing, Lincoln Apartments, following strong demand for medium-density living - a trend we expect to see continue. Our apartments have achieved steady price growth, with the average apartment value in Williams Landing increasing by 16 per cent for two-bedroom residences and 13 per cent for one-bedroom residences. We have also recently launched the third release of our Addison Walk boutique land lots, which incorporates a mix of land and house and land package options.

U: What has been the highlight for you working on this project?

LC: A highlight for me has been the sheer scale of what we’ve achieved and delivered in a relatively short period of time. We spent a lot of time looking at the masterplan to create points of interest and now we are at a stage where we can see this come to life.

U: What do you expect Williams Landing to look like in 10 years’ time?

LC: In line with our masterplan, we believe that Williams Landing will stay true to its high-density vision and bring in more corporate and residential occupiers. We anticipate that Williams Landing will expand, with more people choosing to stay local. Our childcare centres, medical centres, gyms, alfresco licenced restaurants and cafés are well regarded and their success has directly encouraged new tenants and purchasers to move and invest there. The mix of users, employment and residential, should enable a vibrant community to further support the growth of the western region. We are committed to the Plan Melbourne idea of walkable 20-minute cities and believe that the creation of high-density mixed-use communities clustered around transport nodes is the way to achieve this. As the project develops, this will be a key aspect of life in Williams Landing.
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Cedar Woods' Lloyd Collins explains the success of Wyndham's Williams Landing

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Iconic Australian architecture firm <a href="/architects/fk-australia">Fender Katsalidis</a> has just signed a contract to lead the design of Kingston Arts Precinct in Canberra. The mixed-use precinct will be located adjacent to Lake Burley Griffen and will provide a place for multiple arts organisations to gather and create. Fender Katsalidis Director David Sutherland explains that the precinct will endeavour to deliver a “more cohesive and community-focused arts experience in Canberra”.

The project falls under the $78 million urban renewal project will see an underutilised space transform into a thriving precinct.

<blockquote>
“We have deeply considered the public realm and its relationship with the existing heritage buildings in our plans as these are emblematic within the urban canvas. The project ties in nicely with our completed and ongoing work in Canberra as well as our broader work in promoting the arts in Australia.”
</blockquote>

David Sutherland, Fender Katsalidis Director

Joining Fender Katsalidis in the collaborative project will be developers Geocon and landscape architects Oculus.

Nick Georgalis, founder and managing director at Geocon has confirmed that contracts have now been signed, and the team are ready to commence work to bring the project to life.

<blockquote>
“Canberrans are looking to us, to bring culture, vibrancy and excitement to the Kingston Foreshore and we are now ready to deliver.”
</blockquote>

<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/170421_-_kingston_arts_precinct_-_v06_-_id.jpg" rel="gallery-all" title="Image credit: Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/170421_-_kingston_arts_precinct_-_v06_-_id.jpg?itok=pwDcVMkk" title="Image credit: Fender Katsalidis" width="580"></a>

<figcaption>Image credit: Fender Katsalidis</figcaption></figure>Oculus Founder Bob Earl, also referred to the area as a  “The public domain will be a broad canvas for a series of public experiences and events forming the heart of a thriving creative hub.”

Historically, Fender Katsalidis Architects have designed many arts precincts across Australia, including Mona in Hobart, Buxton Contemporary in Melbourne, Ian Potter Museum of Art in Melbourne, Bendigo Art Gallery Melbourne and more.

Arts organisations to be situated within the new precinct include:

<ul>
<li>Canberra Glassworks</li>
	<li>Megalo</li>
	<li>M16 Artspace</li>
	<li>Craft ACT</li>
	<li>Canberra Contemporary Artspace</li>
	<li>PhotoAccess</li>
	<li>ArtSound</li>
</ul>
Lead image credit: Fender Katsalidis Architects
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Fender Katsalidis Architects add another arts precinct project to their collection

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Ahead of the NSW Architecture Awards this Friday, NSW Chapter President of the Australian Institute of Architects Kathlyn Loseby had a chat to <a href="/">Apartments.com.au</a> about the opportunities architects have to champion quality design within the built environment; the importance of advocating for policy updates at a state and national level, and designing homes which cater to the diverse needs of Australian communities. 

Apartments.com.au: Which government policies do you believe should be implemented to meet the requirements of the 6 standards* the Australian Institute of Architects has identified, in order to uplift the quality of Australian architectural projects?

Kathlyn Loseby: In terms of fostering thriving cities and regions, we believe it is vital for the government to have access to independent, expert advice on urban design and infrastructure, and for them to collaborate across all tiers of government, the private sector, researchers, and the wider community. The City Deals program is a perfect tool for providing incentives and flexible financial arrangements for state governments that are linked to specific design and sustainability outcomes. We need new models to provide affordable and social housing. The Commonwealth government can leverage its position to encourage planning authorities to allow for different types of housing to cater for the diverse needs of our community. Improving building regulation has been on our agenda for some time, and we strongly recommend that all states and territories implement the 24 recommendations of the Building Confidence report in a nationally consistent manner. While we welcome the NSW Government’s discussion paper Building Stronger Foundations, we need the Commonwealth government to facilitate national change through the Building Minister’s forum, but the pace of change needs to speed up. Australia must enhance the resilience of our built environment to extreme weather events and predicted climate change impacts.

Growth in our cities means increasing pressures on our natural environment and the crucial ecosystem services they provide (e.g. clean air, cooler urban areas). We need policies and programs that create a sustainable built environment that fosters connectivity and integrates essential resources and functions to mitigate against adverse impacts from climate change. Improved energy performance of buildings reduces stress on the electricity network, offers bill savings, supports a least-cost pathway to a zero-carbon built environment, and improves health and resilience outcomes for households and businesses. Why can’t we establish a national plan towards zero carbon buildings by 2040? We need the government to ensure fair and open procurement practices that enable local architects an equitable opportunity to compete and to recognise the high calibre of Australian architects and involve them in competitive design processes for publicly funded projects.

*The 6 standards are:

<blockquote>
1. Fostering Thriving Cities and Regions

2. Housing a Diverse and Inclusive Community

3. Improving Building Regulation

4. Addressing Climate Change

5. Capitalising on Creativity

6. Supporting Australian Skills and Trade
</blockquote>

U: Do you believe architects share a similar view when it comes to designing projects that will benefit the environment and the surrounding community? Is there resistance to change?

KL: Our recent <a href="https://wp.architecture.com.au/news-media/2019-national-architecture-conference-wrap-up/" target="_blank">National Architecture Conference Collective Agency</a> was an excellent example of the profession coming together to challenge the status quo. The overwhelming emphasis on creating more environmentally and socially conscious contributions to our communities through the built environment was inspiring. This included Louise Wright and Mauro Baracco reiterating the importance of ‘ground’ and respecting the earth, to Marcos Rosello from aLL Design in the UK sharing his practice’s philosophy of urban preservation, repurposing existing buildings to avoid further environmental damage. It has been encouraging to see this approach highly rewarded in the recent Architecture Awards held around the country. While there will always be those who are resistant to change, I believe the overwhelming majority of the profession embraces more sustainable and ethical work practices and are looking at ways to use their influence in the construction lifecycle to create positive outcomes for our future generations.

U: To what extent are Australian architect’s visions being realised? What kind of creative constraints are put in place by developers, councils and construction companies?

KL: Architects must work collaboratively to achieve their vision. This can be a fantastic process, where the architect, client and builder all share the same goal.  Procurement practices by the private sector, local, state and commonwealth governments and institutions can be a major barrier to good architectural outcomes.  We have seen recent instances where the architect’s role has been diminished through the design and construct contract procurement model, sometimes leading to reduced outcomes. The Institute has repeatedly called for better regulation and enforcement of Australia’s building and construction industry, and a major review of tendering and contract methods to ensure quality and creative outcomes.

U: What are some of the ways the architectural industry can advocate for higher quality developments in Australia?

KL: As an Institute, we are strong advocates for the best and most innovative projects through our popular and prestigious awards. With a strong media following, we showcase and champion our leading developments. We are also strongly engaged in developing and advocating for strong policy at a state and national level and delivered a strong position ahead of the federal election. We will continue to advocate for better planning and the installation of an Australian Government Architect for expert oversight, and a national architecture policy. Our members can also be powerful advocates at an individual level by challenging negative behaviour in the construction industry with each commission they engage with. Many voices can spread a collective message.

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<div> </div>
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<hr>
<h2>Check out the shortlist for the NSW Architecture Awards </h2>

(Featuring mixed residential, public and educational architecture projects)

<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/mr_simonwood_1.jpg" rel="gallery-all" title="Maitland Riverlink, CHROFI with McGregor Coxall, photography by Simon Wood"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mr_simonwood_1.jpg?itok=znJVZD29" title="Maitland Riverlink, CHROFI with McGregor Coxall, photography by Simon Wood" width="580"></a>

<figcaption>Maitland Riverlink, CHROFI with McGregor Coxall, photography by Simon Wood</figcaption></figure><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/mr_simonwood_2.jpg" rel="gallery-all" title="Maitland Riverlink, CHROFI with McGregor Coxall, photography by Simon Wood"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mr_simonwood_2.jpg?itok=0e6XA2Bh" title="Maitland Riverlink, CHROFI with McGregor Coxall, photography by Simon Wood" width="580"></a>

<figcaption>Maitland Riverlink, CHROFI with McGregor Coxall, photography by Simon Wood</figcaption></figure><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/gslp_tom_roe_1.jpg" rel="gallery-all" title="Green Square Library and Plaza, Studio Hollenstein in association with Stewart Architecture, photography by Tom Roe"><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gslp_tom_roe_1.jpg?itok=YcWgxgOw" title="Green Square Library and Plaza, Studio Hollenstein in association with Stewart Architecture, photography by Tom Roe" width="580"></a>

<figcaption>Green Square Library and Plaza, Studio Hollenstein in association with Stewart Architecture, photography by Tom Roe</figcaption></figure><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/gslp_tom_roe_2.jpg" rel="gallery-all" title="Green Square Library and Plaza, Studio Hollenstein in association with Stewart Architecture, photography by Tom Roe"><img alt="" class="image-article-full-width-580px" height="820" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gslp_tom_roe_2.jpg?itok=eyKsl0_R" title="Green Square Library and Plaza, Studio Hollenstein in association with Stewart Architecture, photography by Tom Roe" width="580"></a>

<figcaption>Green Square Library and Plaza, Studio Hollenstein in association with Stewart Architecture, photography by Tom Roe</figcaption></figure><h2>Residential Architecture – Multiple Housing</h2>

32 entries / 13 shortlisted projects 
Polaris | <a href="/architects/ajc-architects">Allen Jack + Cottier Architects</a> 
The Burcham | <a href="/architects/ajc-architects">Allen Jack+Cottier</a> Iglu Redfern | <a href="/architects/bates-smart">Bates Smart</a> 
OneA | <a href="/architects/kannfinch">Breakspear Architects and Kann Finch Group</a> 
Emblem | BVN 
North Rocks | <a href="/architects/candalepas-associates">Candalepas Associates</a> 
Mezzo | <a href="/architects/chrofi">CHROFI</a> and <a href="/architects/kannfinch">KANNFINCH</a> <a href="/buildings/100-102-elliott-street-balmain">100 Balmain</a> | <a href="/architects/custance-associates-ltd">Custance Architects</a> <a href="/buildings/omnia-226-victoria-street-potts-point">Omnia</a> | <a href="/architects/durbach-block-jaggers">Durbach Block Jaggers Architects</a> with <a href="/architects/sjb-architects">SJB Architects</a> <a href="/buildings/arlington-grove-6-22-grove-street-dulwich-hill">Arlington Grove</a> | <a href="/architects/smart-design-studio">Smart Design Studio</a> 
Imperial | Stanisic Architects <a href="/new-apartments/1408-anzac-parade-little-bay">Illume</a> | <a href="/architects/tony-caro-architecture">Tony Caro Architecture</a>, MAKO Architecture | Tony Caro Architecture (concept and DA) and MAKO Architecture (Design, Development and Documentation) <a href="/buildings/making-537-537-elizabeth-street-surry-hills">537 Elizabeth Street</a> | <a href="/architects/woods-bagot">Woods Bagot</a>

Residential Architecture – Multiple Housing Jury 
Conrad Johnston (Chair) | Fox Johnston 
Ines Benavente-Molina | HDR 
Paulo Macchia | Government Architect NSW

<h2>Public Architecture</h2>

14 entries / 8 shortlisted projects 
Royal Far West Centre for Country Kids | Architectus 
Newcastle Interchange | CCG Architects 
Maitland Riverlink | CHROFI with McGregor Coxall (pictured above) 
Shellharbour Civic Centre | DesignInc in association with Lacoste+Stevenson 
State Library of New South Wales | <a href="/architects/hassell-studio">HASSELL</a> 
Cabarita Park Conservatory | Sam Crawford Architects 
Forensic Medicine &amp; Coroners Court Complex | Silver Thomas Hanley and <a href="/architects/cox-architecture">COX Architecture</a> 
Green Square Library and Plaza | Studio Hollenstein with Stewart Architecture (pictured above)

Public Architecture Jury 
Jonathan Evans (Chair) | Tzannes 
Jamileh Jahangiri | Cox Architecture 
Jasmin Williamson | John Wardle Architects

<h2>Small Project Architecture</h2>

11 entries / 3 shortlisted projects 
Kangaroo Valley Outhouse | Madeleine Blanchfield Architects 
Punch Park Amenities | Carter Williamson Architects 
Bungarribee Parklands Shelters | Stanic Harding Architects with Paramatta Park &amp; Western Sydney Parklands Trusts

Small Project Architecture Jury 
Elisha Long (Chair) | Long Blackledge Architects 
Ava Shirley | Peter Stutchbury Architecture 
Luigi Rosselli | Luigi Rosselli Architects

<h2>Educational Architecture</h2>

18 entries / 10 shortlisted projects 
Faculty of Arts and Social Sciences, University of Sydney | Architectus 
Field Studies Centre | Building Studio Architects 
Penrith Anglican College Performing Arts Centre | TERROIR 
Our Lady of the Assumption Catholic Primary School | BVN   
University of Sydney F23 Administration Building | Grimshaw Architects 
The University of Sydney Life, Earth &amp; Environmental Services Building | HDR 
Taronga Institute of Science and Learning | NBRS ARCHITECTURE 
St Pius X High School, Library | SHAC 
Balgowlah Zone Substation Adaptive Reuse - Giraffe Early Learning Centre | Supercontext Penrith Anglican College Performing Arts 
Centre | TERROIR 
UNSW Roundhouse | Tonkin Zulaikha Greer

Educational Architecture Jury 
Jonathan Evans (Chair) | Tzannes 
Jamileh Jahangiri | Cox Architecture 
Jasmin Williamson | John Wardle Architects
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Australian Institute of Architects' Kathlyn Loseby discusses the importance of quality architectural design

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YarraBend is an exclusive new development, comprising of 6 precincts situated within the heart of Alphington. Just 6.5 kilometres from Melbourne CBD, the precinct also borders the city’s famous Yarra trail, giving residents the perfect lifestyle balance. The masterplan has been designed with a strong focus on gastronomy, technology, wellness and sustainability, in pursuit of creating one of Melbourne’s most exciting new developments to date.

<h2>What's on offer for residents</h2>

Health + Wellness

From spa facilities to smart gym technology including real and on-demand virtual yoga and spin classes, YarraBend's focus on resident wellness is a core aspect of the development. Whether you're looking to relax and meditate after a busy week, or train for a marathon, at YarraBend there will be something for everyone. 

Nature

In addition to the 21 parks within a 1km radius of YarraBend, the suburb will also be home to 4 parks as well as situated with direct access to 300m of the Yarra River. 

Sustainability

Green rooftops and solar panels will be installed wherever possible throughout YarraBend, providing reduced utility bills and a significantly reduced carbon footprint for residents. The Scandinavian-inspired roads prioritise the comfort of cyclists and pedestrians, encouraging a more environmentally conscious way of navigating the precinct. 

Dining

A carefully curated dining precinct by one of Melbourne's best chefs Scott Pickett will provide residents with a fantastic selection of cafes, restaurants, delis and providores, just minutes from their homes. 

Education

YarraBend is located within close proximity to some of Australia's most prestigious universities and schools, and the precinct's Hub building will be home to WorkLab, a coworking space which will offer a great lifestyle for both workers and students alike. 

Community

Residents of YarraBend will be invited to enjoy art installations and creative workshops, as well as the use of an exclusive residents' app to create an interconnected community.

<h2>Precincts now selling</h2>

<h2>Artisan Precinct</h2>

<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/artisan_residences.jpg" rel="gallery-all" title="Artisan Residences. Credit: Glenvill"><img alt="" class="image-article-full-width-580px" height="331" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/artisan_residences.jpg?itok=py2MkNdo" title="Artisan Residences. Credit: Glenvill" width="580"></a>

<figcaption>Artisan Residences. Credit: Glenvill</figcaption></figure>The Artisan Precinct is set to become a thriving hub of activity with an array of bars, restaurants, providores and delis on offer.

Within this precinct sits Artisan Residences, a boutique collection of 28 apartments, with 1, 2 and 3-bedroom configurations. Each property has been exceptionally designed with ample space for entertaining, premium fixtures and finishes, with a select few apartments boasting private rooftop terraces.

<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/culinaryhouse.jpg" rel="gallery-all" title="Culinary House. Credit: Glenvill"><img alt="" class="image-article-full-width-580px" height="331" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/culinaryhouse.jpg?itok=qrDz9nry" title="Culinary House. Credit: Glenvill" width="580"></a>

<figcaption>Culinary House. Credit: Glenvill</figcaption></figure>Also situated within the Artisan Precinct is Culinary House Apartments. On offer is 1, 2 and 3-bedroom apartments which celebrate craftsmanship, by fusing urban design elements.

<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/thehub.jpg" rel="gallery-all" title="The Hub. Credit: Glenvill"><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/thehub.jpg?itok=Tf3p5_KD" title="The Hub. Credit: Glenvill" width="580"></a>

<figcaption>The Hub. Credit: Glenvill</figcaption></figure>The Hub is a three-story building situated right in the heart of the Artisan Precinct. The Hub welcomes guests with two private dining areas, complete with chef-quality kitchens. The building also features a recreation lounge complete with a pool table, poker room and bar. For those who would like to work from home, there is also an on-site coworking facility featuring the latest technology and ergonomically designed work stations.

<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/parkview.jpg" rel="gallery-all" title="Parkview apartments. Credit: Glenvill"><img alt="" class="image-article-full-width-580px" height="294" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/parkview.jpg?itok=z2msjzrA" title="Parkview apartments. Credit: Glenvill" width="580"></a>

<figcaption>Parkview apartments. Credit: Glenvill</figcaption></figure><h2>Parkview</h2>

The Parkview Precinct is set amongst nature and offers a mix of townhouses, apartments and house and land packages.

The Parkview Townhouses boast magnificent vistas overlooking YarraBend and lush greenery. The perfectly balanced interior design palettes feature elegant interiors with natural finishes including timber floors and stone bench-tops. Each home welcomes warm natural light, and plenty of space for residents to entertain guests.

Parkview’s apartments offer 1, 2 and 3-bedroom luxury residences inspired by the beauty of the Alphington Park and surrounds and architecture lead by renowned firm DKO. The apartments have been designed to maximise views of the Yarra River corridor and the beauty of the neighbouring parklands.

<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/themills.jpg" rel="gallery-all" title="The Mills. Credit: Glenvill"><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/themills.jpg?itok=bP3adfVb" title="The Mills. Credit: Glenvill" width="580"></a>

<figcaption>The Mills. Credit: Glenvill</figcaption></figure><h2>The Mills</h2>

The Mills Precinct has been designed by DKO Architecture and features a combination of townhouses and lofts. In traditional Melbourne fashion, the structures are linked with laneways and tree-lined walkways leading to a central courtyard where neighbours can connect.

The refined industrial townhouses comprise of 2, 3 and 4-bedroom configurations, offering ample space, and low-maintenance living. The first two releases of townhouses have already sold out, with the third stage on sale now. Each townhouse has been designed with generous 2.7 metre high ceilings in living areas, as well as offering ample storage capacity, and modern Smeg kitchen appliances.

Buyers are also offered a choice of two interior schemes – Manhattan or Brooklyn, both of which feature textured, natural materials which create a modern, industrial aesthetic. 

Interested to learn more about YarraBend? Reach out to the sales team today.
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Discover YarraBend: A new benchmark for urban liveability

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The Reserve Bank of Australia has just announced a further reduction to the cash rate to a record low of 1%. This is the <a href="/guides/how-australia-s-interest-rate-cuts-could-impact-first-home-buyers">second rate cut</a> in just two months in a bid to generate greater trust in the Australian economy and reduce unemployment rates. At the time of the first interest rate cut, Reserve Bank Governor Phillip Lowe commented that it “wouldn’t be unreasonable” to expect more interest rate cuts later in the year.

<blockquote>
“A lower cash rate would support employment growth and bring forward the time when inflation is consistent with the target. Given this assessment, at our meeting in two weeks’ time, we will consider the case for lower interest rates.”
</blockquote>

Phillip Lowe, Reserve Bank Governor, Excerpt from a speech delivered on May 21 2019

Last month, 47 lenders passed on the June cut at the complete rate of 1.25%, while 32 passed on a portion of it, and seven didn’t pass on the reduction at all.

In May of this year, <a href="https://www.propertyobserver.com.au/https://westpaciq.westpac.com.au/Article/38639">Westpac’s Senior Economist Bill Evans</a> predicted three cuts this year, while other economists suggested that last months was to be the first of many.

<blockquote>
“The June cut remains almost certain; a second in August is our expectation and  the November cut should also proceed.”
</blockquote>

Bill Evans, Westpac Senior Economist 

While Evans’ prediction was just shy of a month, it’ll be interesting to see whether a further cut is made to the already low rate before the end of the year.

<h2>What does the interest rate cut mean for home buyers?</h2>

In a financial climate like this, one could argue that your money is better invested in property than the bank if possible. Savers are likely to experience lower interest payments on their term deposits (depending on which bank you’re with), while homebuyers will find it easier to secure a mortgage with a lower interest rate.

Many financial advisors have also explained there could be a potential decrease in mortgage repayments of up to $92.95 per month for a $650,000 home. 

<a href="https://www.theguardian.com/australia-news/live/2019/jul/02/reserve-bank-interest-rates-rba-to-decide-on-cash-rate-cuts-live?page=with:block-5d1ae1218f082cc21811bc98#block-5d1ae1218f082cc21811bc98">Mozo Homeloan Director Kirsty Lamont</a> suggests buyers shop around for the best mortgage providers as there will be strong competition, based on the current economic status of the market.

Last month <a href="/guides/how-australia-s-interest-rate-cuts-could-impact-first-home-buyers">Urban.com.au reported</a> on how the interest rate cuts will affect home buyers, and how rapid growth of competition is likely to stem from a regained confidence in the property market.

Follow Apartments.com.au on Facebook for more industry updates.
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A borrower’s market: The Reserve Bank of Australia cuts cash rate to a record low

Queensland's Top 10 Current and Future Tallest Buildings

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With the rise in <a href="/news/andrew-hoyne-discusses-the-benefits-of-placemaking-in-urban-design">placemaking</a>, community-focused design and a goal to live a more <a href="/news/5-of-melbourne-s-environmentally-conscious-new-development-highlights">sustainable lifestyle</a>, it's no surprise mixed-use precincts are showing a substantial growth across Australia. <a href="/architects/clarke-hopkins-clarke-0">ClarkeHopkinsClarke</a> partner Jordan Curran had a chat to Urban journalist Olivia Round about the future of mixed-use precinct design here in Australia. Curran focuses primarily on the shifting design of retail stores following the rise of online shopping, the desire for connection which comes with community living and how giving the next generation the right skills and confidence, they too will be able to shape the future of Australia's built environment. 

<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="550" src="https://www.youtube.com/embed/Iaig666HCF0" width="1200"></iframe>

Interviewee: Jordan Curran, ClarkeHopkinsClarke partner based in Sydney

Interviewer: Olivia Round

Filming: Alex Zemtsov

<div class="rtecenter">RELATED</div>

<div class="rtecenter"><a href="/news/clarkehopkinsclarke-open-sydney-office">ClarkeHopkinsClarke open Sydney office</a></div>

<div class="rtecenter"><a href="/news/clarkehopkinsclarkes-jordan-curran-discusses-how-to-create-more-liveable-communities">ClarkeHopkinsClarke's Jordan Curran discusses how to create more liveable communities</a></div>
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UrbanTV: The future of mixed-use precinct design in Australia

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Mirvac has partnered with Next Gen Health and Lifestyle Clubs to deliver a brand new resort-style facility along with their highly sought after residential development Tullamore in Doncaster.

The multi-million dollar project will see an elite health, fitness and lifestyle facility constructed on an 11,000 square metre site, with an anticipated opening for 2020.

The members-only club will feature the latest innovations in training equipment, a full suite of studio classes, resort-style indoor and outdoor heated pools, four tennis courts, a luxury spa retreat, members lounge and a café.

<blockquote>
“All Next Gen clubs are built on sites with a strong sporting heritage, which is a natural synergy with Tullamore’s rich golfing history. We are delighted to partner with Mirvac to open our first club in Victoria, and we hope to bring Doncaster residents a new and unparalleled health and lifestyle experience.”
</blockquote>

Brett Leahy, Managing Director of Next Gen

<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/next_gen_doncaster_artists_impression2.jpg" rel="gallery-all" title="Next Gen Doncaster"><img alt="Next Gen Doncaster" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/next_gen_doncaster_artists_impression2.jpg?itok=6ZsUMNmG" style="width: 580px; height: 369px;" title="Next Gen Doncaster"></a>

<figcaption>Next Gen Doncaster</figcaption></figure>Situated within the grounds of Mirvac’s highly sought after residential development Tullamore, the project aims to reflect the developer's goal of reimagining urban life, by providing a luxury retreat just minutes from the CBD. The development is set amongst a flourishing landscape of open parklands – with 20% devoted to green open spaces. Tullamore community will feature approximately 850 new homes across 47 hectares of land, featuring heritage trees, parks, walking and cycle tracks and more.

<blockquote>
“We are delighted to partner with Next Gen Health and Lifestyle Clubs to bring a first-of-its-kind facility to the natural surrounds of Tullamore. At Mirvac, we are focused on delivering outstanding living environments for our residents and Tullamore is no exception. We hope that this new amenity will add to the wellbeing and sense of freedom of residents and the wider community.”
</blockquote>

Elysa Anderson, General Manager Residential Victoria at Mirvac

<div class="rtecenter">DISCOVER</div>

<div class="rtecenter"><a href="/buildings/phoenix-65-stables-circuit-doncaster">Phoenix, Tullamore</a></div>

<div class="rtecenter"><a href="/buildings/folia-59-stables-circuit-doncaster">Folia, Tullamore</a></div>
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Next Gen Health + Lifestyle Club to open in Doncaster

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If you're one of the <a href="https://onproperty.com.au/percentage-of-australians-own-property/">7.9% of Australians</a>* who own an investment property, you'll know that like any home, it requires a lot of time and money spent on maintenance. The good news is that if you’re prepared to spend on professional maintenance and property check-ups, you could avoid some high-cost issues in the long run and improve the wellbeing and happiness of your tenants. One of the main differences between owning your own home, and owning a rental property is that anything spent on maintenance and upgrades has the potential to be earned back in rental income.

*Based on 2011 census

Here are a few things you should keep an eye on next time you visit your rental property:

<h2>#1 Replacing smoke detectors </h2>

While changing batteries may seem like a simple task, it is still the landlord's responsibility and should be undertaken by the property owner or real estate agent. By checking working smoke detectors are installed in the right areas throughout the home, you are firstly ensuring the safety of your tenants, while also reducing the risk of any fire damage to your property.

<h2>#2 Unclog gutters and pipes </h2>

The damage caused by clogged guttering and pipes can end up costing you thousands if flooding or pipe breakage occurs. Hiring a professional to undergo a regular check and remembering to remove leaves and debris from exposed guttering could save you money in future.

<h2>#3 Undertake regular pest checks </h2>

If you’ve ever experienced a termite or mouse infestation, you’ll understand the perils of trying to mitigate the problem once it’s already out of control. Encourage your tenants to alert you of any sightings early on and engage a professional to deal with the problem and provide you with a plan to prevent the issue escalating.

<h2>#4 Get onto mould issues ASAP </h2>

Regularly check shower grouting, ceilings, behind furniture, window sills, and damp zones (such as bathrooms, foyers etc.) for any signs of mould. Stachybotrys Chartarum (or black mould) releases toxic compounds known as ‘mycotoxins’ and when inhaled can lead to a myriad of health complications. While regular cleaning can help eliminate mould, often it’s a greater issue and requires professional attention. Protect your tenants by seeking mould specialists, who can often deal with the problem for around $300 per room.

<h2>#5 Eliminate hazardous materials </h2>

From exposed rusty stakes to asbestos cladding, it’s always a good idea to undergo a building inspection to ensure your home is safe for its inhabitants. Removing anything that could be toxic, flammable or hazardous will eliminate the chance of future issues to arise.

<h2>#6 Check bathroom extractor fans </h2>

Extractor fans play an important role in bathrooms – especially those without an opening window. Ensuring the fan is working will help with reducing mould and mildew growing in the bathroom.

<h2>#7 Change locks between tenancies </h2>

During a tenancy, you often don't know how many keys have been cut for household members, as well as their friends and family. Ensure the safety of your property and your new tenants by having the locks changed. This is a relatively simple task which can be done on the property, within an hour or two by a locksmith.

<h2>#8 Invest in value upgrades</h2>

Upgrading the kitchen or bathroom of your rental property is often likely to increase its value, reduce vacancy rates and will encourage your tenants to treat your property with respect and care. Significant property upgrades are also likely to increase the market value of your property once you decide to on-sell it.

<h2>#9 Employ a gardener </h2>

The unrulier the grounds, the more challenging they are to deal with. Aim to keep weeds at bay and lawns short and consider employing a gardener as this can be a tax-deductible expense.

<h2>#10 Identify wood rot early on </h2>

A deck layered with algae or wood that is disintegrating can pose accident risk for your tenants. Fix the problem early by replacing the deck or undergoing remedial work.

<h2>#11 Look for leaks after a downpour </h2>

While many homes aren’t hermetically sealed and often have gaps to encourage airflow, water pouring in through the window or dripping from the roof is never a good sign and needs to be addressed immediately. Mould can occur within the walls/ceiling and are sometimes issues that only present themselves when it’s too late. Consider using a waterproof paint and silicone sealant.

<h2>#12 Aim to prevent foundation repairs </h2>

Foundation repairs can set you back anywhere from $450 - $11,000 and are often due to natural causes such as soil swelling. It’s important to keep the soil around your home moist and ensure there is sufficient water drainage – ideally a gradual slope. If foundation repairs are likely to be needed, some signs can include doors and windows which are hard to shut, cracks on the walls, sloping flooring and water pooling in your garage/basement or in corners of your house.

<h2>#13 Periodic roof inspections </h2>

Similar to foundation repairs, to replace a roof can cost from $650 - $6,000. The general rule of thumb is to get your roof checked 10 years post installation and every 3 years after.

<h2>#14 Wash flooring and carpets </h2>

Keeping your floors in good nick could make them last longer. Between each tenancy, hire a professional carpet cleaner, and repolish wooden floors. When you clean a carpet stain, you are only cleaning the surface layer, meaning the stain won’t be removed completely. Regular carpet cleaning can reduce permanent damage to your flooring.
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Own rental property? Here are 14 things to check to avoid major problems in future 

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

Olivia Round

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