<html><body>
A 1940s Terrigal offering on the NSW Central Coast which was withdrawn from weekend auction.
There were $4 million plus hopes for the five bedroom home.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/30/14b139a99bea478a91717c24b684a2e0.jpg" alt="">
It is on a 1682 square metres lot and was offered for the first time in 47 years.
Built from New England hardwood, the property at <a href="https://www.realestate.com.au/property-house-nsw-terrigal-129483674" target="_blank">14-16 Scenic Highway</a> was listed by Central Coast Realty agent Stuart Gan.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/30/866cd91ba9064cccbd1071c77b391c68.jpg" alt="">
</body></html>

j.ballantyne1990-6AQqhLzZaK

1940s Terrigal home with sea views pulled from weekend auction

<html><body>
A Mongolian yurt-inspired trophy home in far north Queensland is for sale.
The three bedroom circular house at <a id="LPlnk420651" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39QzG/Nyy8oj1En3xzZ47XV4dQAroOlFxcu7jSkLPEPfO0JN57GoF42hS+PP08mxh17xm/LnjGuC3a9E4u1AmbY6331RZJWmFtsIRQjxDF69ISN6BQiyf87UowWHm6eWYrA=&amp;rh=ff0043c59865a7cd7264c5dc414b826e48c2f9ec" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">60 Rossetti Road, Gregory River</a> in the Whitsundays took almost six years to complete.
Retired theatre nurse and owner-builder Lisa Gilmore built the round house, inspired by a traditional yurt.
“I have always been attracted to circle shapes, it’s a bit like a wedding ring, it’s eternal and from the sky it looked like a petal,” Gilmore said.
“My father had always wanted a round house and in his last years he came to live with me and we started researching the concept.
“We bought the skeleton from Beavis Conceptual Designs in Goulburn and the rest I built myself with the help of two very clever shipbuilders.
“It’s a big job to get the joins to go in the right way but every one is perfect.”
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/OHF_RW_Rossetti_60-15%201.jpg" alt=""> 
It took almost six years from concept to completion in a true labour of love project for Gilmore who has recently moved from her semi-rural acreage on the Gregory River to Jubilee Pocket. “I need to close this chapter of my life and let someone else move it who will love it,” Gilmore said. Inside the walls, steel cables hold the structure together from the roof to the top of the walls.
A perspex skylight, which has been certified by builders, lets light in through the apex of the roof. The three bedrooms - one with an ensuite - come off the main circle to continue a bigger circle.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/Crop%201GB%201.jpg" alt="">
“There’s no hallway as such and it looked beautiful with all my antique furniture. It’s like a piece of art that’s been filled with peace and love,” Gilmore said. “It’s been a labour of love and I believe in life you need to be true to yourself and be challenged. “Someone who understands the workmanship will love it. I can imagine a builder or a ship-right or a sailor or just someone who understands energy forces will be drawn to it.” Ray White Whitsunday agent Simon Dymmott said the home needed to be seen to be appreciated. “Now selling well below replacement value, take the time to organise to inspect this very unique opportunity,” Dymmott said. “Inspired by a Mongolian yurt the house design is quite something to behold," he said. “Surrounded by established gardens and tropical fruit trees and bordered by a river, this is a perfect lifestyle opportunity, offering a peaceful and very private aspect.”
</body></html>

Whitsundays yurt-inspired circular trophy home listed

<html><body>
A renovated Queenslander in Clayfield, suitable for an executive family, is set to go under the hammer.
The <a id="LPlnk193351" href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGKZ8wj2ZTWnppWKmoPO5lXnahMRrCaKacJbTDkucEl7g=&amp;rh=ff0043d0637ba7418869e46e0846b6a7210fdcef" target="_blank" rel="noopener noreferrer" data-auth="NotApplicable">29 Dublin Street, Clayfield</a> offering has been listed by Ray White Ascot agent Dwight Ferguson.
It retains timber flooring, soaring ceilings, capped off with glass windows and doors to flood the interiors with air and light.   The gourmet kitchen boasts a suite of Miele appliances including two integrated fridges and freezers, dishwasher, wine fridge, dual ovens, induction stove stop, Quasi-air exhaust, hot/cold zip tap and bench mounted filtered water tap.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/29-Dublin-St-2.jpg" alt=""> 
There's a hidden butler's pantry provides extra storage and amenities with a third sink, fridge, freezer, Miele dishwasher and ample preparation and storage space. 
Its outdoor entertainment area features a BBQ area with hot water sink, fridge and TV, with the area overlooking the manicured backyard with fully tiled swimming pool and cubby house.   On the upper level are five of the six bedrooms, plus an office and second lounge.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/29-Dublin-St-5.jpg" alt=""> 
“It pays tribute to the home's original Queenslander design with VJ walls, decorative breezeways and French doors, with the floor extending onto a private front balcony capturing cooling afternoon breezes," Ferguson said.   Seb Turnbull with his wife Anna Turnbull, purchased the property in 2007 and undertook the renovation in 2016.
The property will be auctioned on-site on December 1 unless sold prior.
</body></html>

Clayfield Queenslander listed for December auction

<html><body>
A 50 year old suburban Melbourne drive-in theatre - one of the last - has been sold for around $12.5 million, exceeding its price expectations of $11 million-plus.
Coburg Drive-In located at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-coburg+north-502955310" target="_blank">155 Newlands Road, Coburg North</a> is a 8.16ha site.
The owner of the drive-in — Village Roadshow Theatres Pty Ltd, a subsidiary of the ASX-listed Village Roadshow Limited — will lease it back for an initial 10-year term on a triple-net basis.
It has been bought by Charter Hall.
The site was marketed as "the last essentially undeveloped parcel of significant scale in Melbourne’s inner north.”
Located on Newlands Road, Coburg North, the drive-in has been operating since 1965 and has three screens — one each on the south-western, north-western and north-eastern points of the site.
At 33m wide each and overlooking an asphalt viewing area of 36,000sqm, the screens are up for debate as the biggest in the southern hemisphere.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/14/Coburg%202.jpg" alt="">
A single-level retro-style diner and children’s playground are located centrally and the drive-in's ticket booth — topped by an old yellow Holden — is a local landmark.
Victorian Heritage describes it as “one of three (drive-ins) that remain in operation in Victoria out of approximately 60 at the height of drive-in popularity”.
 
</body></html>

1960s suburban Melbourne, Coburg drive-in theatre sold for $12.5 million

<html><body>
The recently refurbished ISPT foyer at 100 Creek Street has brought Brisbane’s subtropical environment into an office setting.
The lobby now opens up to an integrated state-of-the-art digital canvas wrapping around the lift core.
Along with new end of trip facilities the $10 million upgrade includes entry statements and sub-tropical gardens.
The dynamic curated content reflects ‘Elements of Queensland’ commissioned by local artists which exhibits the name of the building as digital morphing art.
ISPT Portfolio Manager for Commercial Services Mr Craig Blake said tenants and guests have respond well to the new 100 Creek Street vision.
“We are committed to creating places that work and look forward to continually evolving our environments to benefit all who work in and visit the building,” Mr Blake said.
Over the last 9 months 100 Creek Street has transacted over 3,000sq m across 11 transactions with an average rent of $685/sq m.
Savills’ Dan Boyes and John McDonald in conjunction with Andrew McPhail and James Comino of CBRE are jointly appointed to lease the balance of the available space.
“The works have repositioned 100 Creek Street as a market leader in the Brisbane CBD,” Mr Boyes said.
</body></html>

State of the art foyer brings Brisbane outdoors in

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Mirvac Group (Mirvac) has joined forces with cultural start-up Yerrabingin to create an indigenous rooftop farm at South Everleigh in central Sydney. 
Bill as Australia’s first indigenous urban food production farm, it will be situated on the rooftop of Building 3 at South Eveleigh (previously known as Australian Technology Park), Mirvac’s new technology and innovation precinct.
Combining the principles of permaculture, indigenous knowledge and design thinking, the rooftop farm is just one of the projects Yerrabingin will deliver and manage at South Eveleigh. 
Plans are also underway for the group to establish the South Eveleigh Aboriginal cultural landscape garden, which will grow native and medicinal plant species and bush food.
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
<img src="https://www.urban.com.au/images/2018/11/26/yerrabingin_collaborate.png" alt="">
The vision for the revitalised South Eveleigh precinct has been co-created by Mirvac, anchor tenant Commonwealth Bank, and consortium partners, AMP Capital, Sunsuper and Centuria Property Funds.
Neighbouring Redfern, Eveleigh is located about three kilometres south of the Sydney central business district.
The scheme was the brainchild of Clarence Stockee, his business partner Christian Hampson, and developer Mirvac, which has been redeveloping the ATP precinct since 2016.
Mirvac had reportedly been planning a regular rooftop garden for the 500-square-metre area on top of one of its buildings.
</div>
</div>
</div>
</div>
</div>
</div></body></html>

Australia's first Indigenous rooftop farm to be delivered by Yerrabingin and Mirvac partnership

<html><body>
A private Melbourne investor has put a portfolio of five strip retail properties, across the suburbs of Richmond, Malvern, Armadale and Hampton, on market including a large High Street corner block.
Located at 1276 High St, Armadale (pictured below), the property comes with a lease expiring in 2022 with two, five year options at $98,711 per annum net. 
The auction is set for December 13.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/1276%20High%20St.jpg" alt=""> 
Michael Ludski, one of the agents marketing the portfolio said Teska Carson had sold 19 strip retail assets worth more than $36 million on an average 3.55 per cent yield this year.
“Most of our sales this year have gone to local investors with local knowledge and a keen sense of where the market is likely to sit in a few years’ time as Melbourne gradually approaches Sydney’s population mantle," he said.
He says that there has been an "enormous spike" in enquiry for retail strip and strata commercial assets in the sub $5 million range over the last few months.
The properties, all leased and zoned Commercial 1, include:
128A Bridge Rd, Richmond – auction December 12 at 1pm on site, new two year lease with a two year option at $30,000pa net with 4% increases;
172 Bridge Rd, Richmond – auction December 12 at 12pm on site, leased to Sportsgirl at $94,759pa net (pictured above);
210 Glenferrie Rd, Malvern - auction December 13 at 12pm on site, leased to Foxes Den, which has four Melbourne outlets, at $100,981pa net;
401 Hampton St, Hampton - auction December 14 at 1pm on site, leased on a three year term with a three year option at $40,351pa net;
</body></html>

High Street retail strip shop listed for December auction

<html><body>
BGC Construction has taken out a key category at the Australian Master Builders Housing/ Construction Excellence Awards, winning national recognition for its $36 million St Ives Carine project.
The project, which was completed in June 2017, marks a growing trend towards high-end vertical retirement communities in WA.
BGC Construction’s leadership in this area saw it receive the National Lifestyle Housing for Seniors Award – Retirement Villages, at the Master Builders National Excellence in Building and Construction Awards ceremony held in Adelaide.
BGC Construction Retirement and Unit Development Manager John Irvine said the St Ives Carine project represented a growing trend in development of retirement communities, with a number of other multi-storey retirement offerings now planned or coming to market in WA.
St Ives Carine comprises a total of 63 luxury apartments, with a range of architecturally and sustainably designed 2 bedroom, 2 bathroom products.
Communal facilities include landscaped gardens and BBQ area, a restaurant and café, library, on-site hairdressing salon, art studio, medical rooms and health pavilion with an indoor heated pool and gym.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/BGC%202.jpg" alt="">
Between 2000 and 2010, only 7% of retirement dwellings built by the company were apartments – but since then, that figure has jumped to 66%.
“We’re seeing a new way of living for the growing number of baby-boomers who want the benefits of living in their own home, surrounded by everything they need to enjoy their twilight years,” said Mr Irvine.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/11/26/BGC%203.jpg" alt="">
This award continues a track record of success for BGC Construction within the retirement sector, which in 2017 was awarded the Master Builders WA Award for "Best Seniors/Aged Persons Multi Unit Development" for its Akora Apartments in Bentley for the SwanCare Group.
In 2015, the company also received the Master Builders WA Award for "Best Seniors/Aged Persons Multi Unit Development" and the national award for "Lifestyle Housing for Seniors award - Multi Unit Development" for its Orion Terraces in Bullcreek for the RAAFA WA organisation.
</body></html>

BGC Construction wins national Master Builders Award

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
McGrath Estate Agents has announced the appointment of Ripple Wu as leading its Box Hill office.
McGrath founder John McGrath recently pinpointed Box Hill as one of his top picks in the recently released McGrath Report 2019.
Located around 14 kilometres east of the city, Box Hill is a bustling multicultural cosmopolitan suburb with strong public transport links with its own hospital and and school. 
The hub is thriving with houses on large blocks that have great development potential, McGrath noted.
“Despite a cooling market I believe the Melbourne offers good potential for capital growth over the long term due to solid population and employment growth, major investment in infrastructure, and affordable housing that will be a catalyst for interstate migration.”
Ms Wu (pictured left) joined McGrath last month as sales agent, previously at Ray White Blackburn where she claimed to enjoy the No 2 female agent ranking in Ray White Victoria and Tasmania.
She will be a director and co-principal of McGrath Boxhill, leading a team of 12 agents.
</div>
</div>
</div></body></html>

McGrath Box Hill secures Ripple Wu from Ray White

<html><body>
Melbourne based property investor Jeff Xu has sold his Victoria One portfolio of five CBD strata retail properties for $13.615 million to a Melbourne based investor.
The 452 Elizabeth Street portfolio sold on a 5.5 per cent yield and at what is thought to be a record building rate of $27,230 a square metre for similar properties.
CBRE Manager, Melbourne City Sales, Nathan Mufale, who brokered the deal with National Director Investments, Mark Wizel, Leon Ma, and Ben McMahon, said the result was unprecedented for strata retail in the Melbourne CBD.
Mr Mufale said that the properties being in a booming education precinct with a strong Asian international student catchment was a key consideration behind the high level of interest the portfolio had attracted.
Confidence in this precinct is clear as this is the third strata retail transaction on Elizabeth Street within the last six weeks.  
The 452 Elizabeth Street portfolio comprises five strata retail spaces covering 500 square metres across ground, first floor and mezzanine spaces.
The portfolio has 50 metres of Elizabeth and Franklin street frontage and is located at the bottom of Golden Age’s 643 apartment tower. 
The properties are leased to established international tenants returning more than $750,000 per annum.
Mr Wizel said significant appreciation in land taxes for freehold assets was another important consideration for investors and that it was "another factor driving the increasing demand for strata retail assets in the CBD."
</body></html>

Jeff Xu sells Victoria One portfolio for $13.6 million

<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Staff reporter

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News