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35 Spring Street has been anointed as one of Melbourne's elite high density residential projects. Developer Cbus Property is rightfully making note of the project's completion, with Planning Minister Richard Wynne recently officially opening the $350 million development.

The project has drawn inspiration from equivalent park-front projects in New York, and holds views over Treasury Gardens that can never be built out.

Inside are 241 one, two and three bedroom apartments and penthouses; down from the original 270 after buyer interest saw the amalgamation of various apartments; in some instances entire floors were merged to create enormous dwellings. 

<blockquote>
35 Spring Street is the first luxury apartment building to be completed in Melbourne in many years and proves there is a market and appetite for well-designed, generous apartment homes. It is a building designed to be ahead of its time, while remaining classic for decades to come.
<cite>Cbus Property CEO Adrian Pozzo </cite>
</blockquote>

The double skin wrap around the building’s exterior is arranged in an asymmetric ashlar pattern, allowing for oversized windows and expansive views. 

<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/image11_14.jpg" rel="gallery-all" title="The tower's foyer"><img alt="" class="image-article-full-width-580px" height="812" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image11_14.jpg?itok=ir1gUMh6" title="The tower's foyer" width="580"></a>

<figcaption>The tower's foyer</figcaption></figure>Bates Smart were responsible for both the overall design and interior finishes.

35 Spring Street's ground floor features a restaurant and grand residents’ lobby with the prevalent theme throughout the foyer that of a strong, rich and natural finish. Capping the space is an Inge King sculpture that was preserved from 35 Spring Street’s previous life as an office complex.

In addition to the lounge at ground level, the ninth floor also carries amenities by way of a private dining room and kitchen, wine storage area, pool, gymnasium, plus internal and outdoor entertaining areas. The amenities level also defines the beginning of 35 Spring Street's tower component.

As to the tower's design, Bates Smart provided Apartments.com.au with the following response.

<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/image14_11.jpg" rel="gallery-all" title="35 Spring Street befits its location"><img alt="" class="image-article-full-width-580px" height="348" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image14_11.jpg?itok=md121xMz" title="35 Spring Street befits its location" width="580"></a>

<figcaption>35 Spring Street befits its location</figcaption></figure><blockquote>
The design stands out not only for its height, but its intricate facade and massing which draws parallels with Manhattan and is reminiscent of some of the towers which flank Central Park. 

The design of 35 Spring St was inspired by its premium park location and never to be built-out views which extend beyond the Treasury Gardens, but also the local precinct, such as the surrounding heritage government buildings and the vibrancy of Flinders Lane.

The façade draws references from the materiality of the surrounding buildings, with its vertical strands providing elegant proportions and a crispness of edge. The facade was also inspired by fabric patterns, and references the manufacturing legacy of Flinders Lane.

The building has an extraordinary position on the far eastern boundary of the Hoddle Grid, and aims to define the edge of the city. Like many of the buildings that surround Central Park in Manhattan, 35 Spring St, creates a strong line and edge between city and park.

It is a new landmark for Melbourne and creates a new gateway into the city. While, the design pays tribute to many of Manhattan’s most elite residential developments, the tower’s references to local precinct and high quality finishes, ultimately reflect Melbourne, making it a strong architectural statement for our city.
</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/image10_11.jpg" rel="gallery-all" title="Collins Place creates an external backdrop to the pool deck"><img alt="" class="image-article-full-width-580px" height="337" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image10_11.jpg?itok=6L9X2FZn" title="Collins Place creates an external backdrop to the pool deck" width="580"></a>

<figcaption>Collins Place creates an external backdrop to the pool deck</figcaption></figure>With 35 Spring Street now complete, Cbus Property are pursuing a string of additional developments around Melbourne. Of those, Collins Arch and Classic East Melbourne shape as developments which have also been positioned to attract the high-end owner occupier.
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silvermb

35 Spring Street becomes one of Melbourne's premier apartment developments

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It was announced this morning that Golden Age Group will develop the residential component of The Glen.

Vicinity Centres with co-owner Perron Group have decided to sell the air rights above the centre which is at the starting point of its multi-million dollar redevelopment. Apartments.com.au <a href="/news/vicinity-and-pellicano-provide-monash-with-a-development-boost">reported last month</a> on Vicinity's construction launch of the $490 million project, which will expand the existing centre to include 78,000 square metres of gross lettable area.

Vicinity Centres has indicated that the majority of retail spaces within The Glen's first development stage has been leased. Opening late 2017, this initial stage will include an Aldi, Woolworths, Coles and over 60 specialty stores.

Multiple dining precincts and a new Town Square will spearhead the redevelopment's push to open up/be more expressive with its surrounds.

The Glen will open in a number of stages and is expected to be complete by early 2020.

<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/image217_0_0.jpg" rel="gallery-all" title="Future residents will benefit from The Glen's increased offerings"><img alt="" class="image-article-full-width-580px" height="318" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image217_0_0.jpg?itok=v2Bf2Wm1" title="Future residents will benefit from The Glen's increased offerings" width="580"></a>

<figcaption>Future residents will benefit from The Glen's increased offerings</figcaption></figure>As for Golden Age Group, they now inherit the right to deliver 539 apartments across three towers, in accordance with approved plans devised by NH Architecture. 

Initially submitted at a lofty 86 metres to its highest point, The Glen's tallest residential tower was eventually approved at 64 metres or 20 levels. Smaller residential towers reach 12 and 13 levels respectively.

The tallest tower in the area prior to The Glen receiving approval is Australian Nan Xin Investment's Galleria at 52-54 O'Sullivan Road at 15 levels and 47 metres.

Under the approved plans, the 539 apartments are split between 155 single, 357 double and 22 triple bedroom and 5 quad bedroom apartments. Whether Golden Age Group pushes on with the approved design or seeks to alter the format/configuration of the three buildings remains to be seen.

<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/image76_1.jpg" rel="gallery-all" title="517-521 Station Street and Opera are part of the Golden Age Property stable"><img alt="" class="image-article-full-width-580px" height="395" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image76_1.jpg?itok=9ZcjhSAD" title="517-521 Station Street and Opera are part of the Golden Age Property stable" width="580"></a>

<figcaption>517-521 Station Street and Opera are part of the Golden Age Group stable</figcaption></figure>The addition of The Glen's apartment component swells Golden Age Group's current Melbourne portfolio to seven projects, encompassing a very hefty 2,750 apartments.

Victoria One, Opera, <a href="/buildings/collins-house-melbourne-460-466-collins-street-melbourne">Collins House</a> and Sky One Box Hill represent the developer's projects currently at construction. Also in Box Hill, Golden Age Group are pursuing a planning amendment that will allow for the delivery of dual towers across 517-521 Station Street, whilst The Glen joins 85 Spring Street as projects that the developer has licked up post planning approval.

Lead image: Panoramio
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Golden Age Group adds The Glen to their portfolio

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Melbourne's latest public vertical high school is edging closer to reality. After being officially revealed last month by the Victorian School Building Authority, Prahran High School's construction tender is drawing to a close.

The facility will be Melbourne's third vertical high school, following on from examples in South Melbourne and Richmond.

On a site fronting High Street, demolition on the Gray Puksand-designed project is underway and construction will begin mid year, with the intention of being student ready by Term 1, 2019. 650 students across years 7-12 will be accommodated within the project which is valued at $25m.

<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/image45_5.jpg" rel="gallery-all" title="Prahran High School. Image: Gray Puksand"><img alt="" class="image-article-full-width-580px" height="226" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image45_5.jpg?itok=zzE_kmn_" title="Prahran High School. Image: Gray Puksand" width="580"></a>

<figcaption>Prahran High School. Image: Gray Puksand</figcaption></figure>In addition to traditional learning and library spaces, Prahran High School will also boast break out areas, a gym, an outdoor running track/recreational area and a passive green area. Outdoor terraces will also be included across each level.

The evolution of public schooling within Melbourne's inner suburbs is a fairly recent event, headlined by the South Melbourne Primary School who's design was awarded the Future Project of the Year at the 2016 World Architecture Festival Awards. It is now heading skyward with the initial ground works giving way to the steel structure that will form the support for the six storey build.

Completion is still earmarked for the end of this year.

<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/img_7856.jpg" rel="gallery-all" title="SMPS is on the rise"><img alt="" class="image-article-full-width-580px" height="430" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_7856.jpg?itok=KvixkHrx" title="SMPS is on the rise" width="580"></a>

<figcaption>SMPS is on the rise</figcaption></figure>The vertical nature of the South Melbourne, Richmond and Prahran projects has allowed for an equal of greater number of students to be accommodated on a fraction of the land required relative to traditional school campuses. The new South Melbourne and Richmond campuses have incorporated communal facilities with their respective builds.

Prahran High School on the other hand will be built within the existing educational precinct which includes Melbourne Polytechnic and the National Institute of Circus Arts.

1,800 additional students will be accommodated across the three projects.
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Prahran's vertical school nears as South Melbourne PS powers ahead

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It endured as a paper design for years, but now a new scheme is on show for 41-49 Bank Street, South Melbourne.

Initial overtones of development for the site landed with Port Phillip during 2009, but amounted to nothing even though the project was marketed at one stage as Aero Apartments. Enter Virgate Property (Bank Street) Pty Ltd who are driving the current bid to transform the plot into a substantial residential tower.

Moved on during 2016, 41-49 Bank Street's sale at the hand of CBRE City Sales was <a href="http://www.australiannationalreview.com/chinese-developers-invest-56-million-melbourne-apartment-sites/">reportedly</a> to Chinese developer Guangdong Carrington Real Estate Group, with the previous permit for a 16-level tower of 180 apartments in tow.

Their local development arm, Virgate Property Group, is now pushing for a tower of 19 levels and 174 apartments.

<h2>41-49 Bank Street application summary</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/image40_7.jpg" rel="gallery-all" title="Bank Street perspective. Planning image: Bruce Henderson Architects"><img alt="" class="image-article-full-width-580px" height="608" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image40_7.jpg?itok=67TYFLVR" title="Bank Street perspective. Planning image: Bruce Henderson Architects" width="580"></a>

<figcaption>Bank Street perspective. Planning image: Bruce Henderson Architects</figcaption></figure><ul>
<li>1,441sqm holding with in excess of 60 metres of frontage</li>
	<li>Currently a tri-level commercial building</li>
	<li>Proposed 19 level tower at 59.7m</li>
	<li>174 apartments: 37 x 1BR, 11 x 1BR+S, 126 x 2BR</li>
	<li>Apartment sizes: 46-82sqm</li>
	<li>Common areas on Levels 5 and 6</li>
	<li>Basement and above ground provisions for 124 vehicles &amp; 58 bicycles</li>
	<li>2 retail premises of 106sqm and 55sqm</li>
</ul>
Planning &amp; Property Partners are guiding the Bruce Henderson Architects-designed tower through the planning process.

The tower itself features strong vertical elements by way of white metal slats set over silver, grey and dark grey glass. The main north elevation of the proposed tower is dominated by the slats, save for a few sections of unobscured glazing, including an architectural feature within the podium which houses the development's gym. 

Having taken on a modest apartment project in Mont Albert, 41-49 Bank Street represents Virgate Property Group's first Melbourne highrise, although it's certainly not the area's first. Wedged between Dorcas Street and Park Street, 41-49 Bank Street is in the middle of a mushrooming precinct that spreads across Southbank and South Melbourne.

41-49 Bank Street is surrounded by a very healthy number of residential towers (from planning to construction) with 14 listed within the Apartments.com.au Project Database in the immediately surrounding blocks.

<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/image41_3.jpg" rel="gallery-all" title="Views from the site. Image: CBRE City Sales"><img alt="" class="image-article-full-width-580px" height="402" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image41_3.jpg?itok=v1tPXCHF" title="Views from the site. Image: CBRE City Sales" width="580"></a>

<figcaption>Views from the site. Image: CBRE City Sales</figcaption></figure><h2>41-49 Bank Street development team</h2>

<ul>
<li>Developer: Virgatee Property Group</li>
	<li>Application Plans: Bruce Henderson Architects</li>
	<li>Planning: Planning &amp; Property Partners</li>
	<li>Sustainable Management Plan: ADP Consulting</li>
	<li>Daylight Assessment Report: ADP Consulting</li>
	<li>Waste Management Plan: One Mile Grid</li>
	<li>Transport Impact Assessment: One Mile Grid</li>
</ul>
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Take it to the Bank: South Melbourne's latest tower on show

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A trio of National Employment and Innovation Clusters now have their framework plans in place and available for viewing, advancing their prospects of becoming enhanced employment hubs in the medium term. 

Released by the Minister for Planning, Richard Wynne, the Sunshine, Monash and La Trobe National Employment and Innovation Clusters are now a step closer to reality. Centred around medical, research and tertiary institutions across Melbourne, the National Employment and Innovation Clusters are deemed nationally significant as they attract workers, students and visitors from both Australia and overseas.

Under the guidance of the Victoria Planning Authority, the clusters will in the future be exposed to increased infrastructure spending and development in order to stimulate higher levels of employment.

Earmarking these localities as National Employment and Innovation Clusters has a multi-pronged effect; least of which is encouraging people to work local and thus somewhat alleviating the burden on Melbourne's stressed road and public transport networks. 

<blockquote>
The framework plans are high-level documents that outline key infrastructure investment and changes to planning rules needed to make sure Melbourne has a number of thriving job and innovation hubs – not just the CBD.
<cite>Victorian Planning Authority</cite>
</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/image19_15.jpg" rel="gallery-all" title="The Monash Urban Renewal Precincts and Strategic Sites Plan"><img alt="" class="image-article-full-width-580px" height="491" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image19_15.jpg?itok=M84EkTaj" title="The Monash Urban Renewal Precincts and Strategic Sites Plan" width="580"></a>

<figcaption>The Monash Urban Renewal Precincts and Strategic Sites Plan</figcaption></figure>A cited example involves changing planning laws in order to simplify and stimulate the development of hotels within the Monash Cluster, where they were previously not able to be built under outdated planning rules. Subject to heightened educational, medical and commercial development in recent years, hotel accommodation stands out as the obvious gap in Monash Cluster's development drive.

As a point of reference, Monash Cluster is currently a base for 75,000 workers.

<blockquote>
The Victorian Government is committed to growing jobs in our suburbs, so that people spend less time in their cars and more time with loved ones. When businesses form distinct hubs of industry, workers leverage off one another’s ideas, with healthy competition spurring innovation.
<cite>Minister for Planning, Richard Wynne</cite>
</blockquote>

Whilst the Sunshine, Monash and La Trobe's National Employment and Innovation Clusters have their draft framework plans in place, Dandenong South and Werribee East wait in the wings as further clusters.

Further information and respective Draft Framework Plans and be found on the <a href="https://vpa.vic.gov.au/urban-renewal/national-employment-clusters/">Victoria Planning Authority website</a>.

<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/image20vpa.jpg" rel="gallery-all" title="Sunshine and other clusters spread across Melbourne"><img alt="" class="image-article-full-width-580px" height="404" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image20vpa.jpg?itok=BICm_Nx8" title="Sunshine and other clusters spread across Melbourne" width="580"></a>

<figcaption>Sunshine and other clusters spread across Melbourne</figcaption></figure>
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Melbourne's National Employment and Innovation Clusters take another step toward reality

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Affordability is the buzz word, and has been for some time in regards to Melbourne's property scene. It's quite hard to escape the plethora of articles on the pressing issue at the moment, and understandably so.

One such article in this week's AFR goes in depth on the <a href="http://www.afr.com/opinion/columnists/melbourne-holds-the-answer-to-the-housing-crisis-20170403-gvd0wv">housing affordability issue</a>, touching upon both the detached housing and apartment sector, and the differences between the two from a local perspective. In this malaise of unaffordability, one developer has taken steps to position their pending development as a genuine opportunity to secure an inner-city apartment at an affordable price.

Growland's first stage within Footscray's Victoria Square development will see 61sqm one-bedroom plus study apartments priced at $298,000. Any buyer actively looking to enter the market will be aware that the apartment size versus price outcome at Victoria Square is skewed in favour of the buyer.

In a recent media release, Growland's CEO Ronald Chan addressed the affordability quandary:

<blockquote>
The key to addressing Melbourne’s affordability lies in high rises like Victoria Square – strong, modern communities are created through high density living. It is vital that the next generation has access to quality homes, with considered, long lasting architecture, but at a price that is achievable in relation to today’s median household incomes.

Young people also need to be able to live at a reasonable distance to where they work. Melbourne’s employment precinct has traditionally been concentrated to the CBD, meaning the inner ring suburbs are incredibly important to Melbourne’s future growth.
</blockquote>

CoreLogic's median price for a one bedroom Melbourne apartment is $330,000, whilst REIV has the median Melbourne apartment price above $585,000 for the December 2016 Quarter.

With the first stage including 240 one, two and three bedroom apartments, its unclear how many single bedroom apartments are priced at $298,000. Nonetheless it will be an appealing price for a certain segment of the buyer market and an attractive hook in order to encourage buyer interest within Victoria Square.

<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/image14_10.jpg" rel="gallery-all" title="An apartment within Victoria Square"><img alt="" class="image-article-full-width-580px" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image14_10.jpg?itok=o4zrbHHi" title="An apartment within Victoria Square"></a>

<figcaption>An apartment within Victoria Square</figcaption></figure>Previously dubbed Joseph Place, Victoria Square has been extensively covered by Apartments.com.au in the past.

As one of Joseph Road Precinct's power development blocks covering 13,179sqm, Growland hold approval for 939 apartments across 6 separate buildings. Stage 1 of  Victoria Square will rise 23 levels and maintain a wave-like exterior.

In addition to the 240 apartments, Stage 1's street level activation will be considerable. A retail laneway will slice through the distinctive podium, featuring 3,000sqm of retail and hosptiality space which will be built in conjunction with the first tower.

Above, the stand out communal facility is Australia’s first and only Olympic-sized aerial outdoor track. Also in tow is a residents’ pool, gym, and cinema whilst a 3,000sqm podium skypark will provide the project with a generous slab of open space.

<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/jp-01.jpg" rel="gallery-all" title="Victoria Square's first stage"><img alt="" class="image-article-full-width-580px" height="773" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/jp-01.jpg?itok=K6tDvi2T" title="Victoria Square's first stage" width="580"></a>

<figcaption>Victoria Square's first stage</figcaption></figure>
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Growland positions Victoria Square as an affordable buyer option

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A daring design has emerged for one of Johnston Street's premier corners.

Developer Pirovich is proposing a unique 9 level building on Johnston and Nicholson Streets, complete with hanging greenery and a distinctive central staircase that may well define the design. Fieldwork have created 329 Johnston Street, which also holds secondary frontages to 236 Nicholson Street and 37 Hunter Street.

The cross laminated timer (CLT) proposal would follow in the steps of the pioneering 10-storey Forte residential building and Docklands Library, both of which utilised the CLT method and are located within Victoria Harbour.

<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/image10_10.jpg" rel="gallery-all" title="Nicholson Street perspective. Image: Fieldwork Projects"><img alt="" class="image-article-full-width-580px" height="296" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image10_10.jpg?itok=NxrSos64" title="Nicholson Street perspective. Image: Fieldwork Projects" width="580"></a>

<figcaption>Nicholson Street perspective. Image: Fieldwork Projects</figcaption></figure>Wall, floor and roof segments are fabricated offsite, with the building method's <a href="http://www.crosslamtimber.com.au/">official website</a> showing CLT can:

<ul>
<li>Provide a carbon-neutral construction method</li>
	<li>Allow for more economic foundations and shorter construction time frames</li>
	<li>Allow for immediate access and easy procedures for follow-on trades</li>
</ul>
For their part, Pirovich describes 329 Johnston Street in the following fashion:

<blockquote>
At 329 Johnston Street Abbotsford we are proposing a beautiful and sustainable new building - retail, offices, medical suites and a hotel. The building structure will be cross laminated timber, wrapped in a stunning expanded mesh.

The building fabric is seeking to achieve <a href="http://www.passivehouse.com.au/">Passive Haus</a>, giving future occupiers of the building a happier and healthier place to work, rest and play.

As part of the new development we are setting the building back at ground level and ceding over 200sqm of the site to the public realm.
</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/image12_6.jpg" rel="gallery-all" title="Project perspectives. Image: Fieldwork Projects"><img alt="" class="image-article-full-width-580px" height="286" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image12_6.jpg?itok=ooh5vn76" title="Project perspectives. Image: Fieldwork Projects" width="580"></a>

<figcaption>Project perspectives. Image: Fieldwork Projects</figcaption></figure>The particulars of the prospective development sees a retail mix including café's, a convenience store and shops across the ground floor, with medical suites and offices accounting for levels one and two.

Subsequent floors carry 41 serviced apartments, split between 8 x 1 bedroom, 26 x 2 bedroom and 7 x 3 bedroom options. At its tallest point 329 Johnston Street would be 30.1m above ground, which would see the project as one of Johnston Street's tallest, with the yellow open stairwell facing Johnston Street running the height of the building.

Three levels of basement parking include provisions for 157 car parking spaces, whilst 70 bicycle spaces are at ground level. With an estimated cost of development at $20 million, Pirovich's ground breaking Abbotsford project is currently at <a href="http://www.yarracity.vic.gov.au/list-planning-applications/view-application/?ApplicationID=3715">advertising</a>.
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Pirovich's daring Abbotsford CLT/Passive House building unveiled

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Ringwood's apartment market is displaying a new-found degree of depth and maturity of late.

Whilst Apartments.com.au has in the past placed the spotlight on a handful of pending high-rise projects that will physically redefine the suburb, <a href="/new-apartments/ringwood-vic-3134">Ringwood's</a> current apartment charge is most definitely due to a squadron of low and mid-rise projects that have propelled the suburb to the fore as an apartment market of choice.

A sign of Ringwood's progression is news that has filtered through in the last week regarding the sale of a penthouse within the Eden Square project. Located across the top floor within Stage Two of the development, the 288sqm dwelling has just sold off the plan for a sizeable $2.42 million.

This follows on from the news that five apartments within the development were sold for over $1 million, whilst selling agen Marshall White Projects also oversaw the sale of all 10 apartments containing three bedrooms sold with a matter of hours during project launch.

Pushing apartment prices within the suburb to new highs, the success of the Eden Square project is very much symptomatic of Ringwood's success of late.

<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/image84_6.jpg" rel="gallery-all" title="Eden Square. Image: Marshall White Projects"><img alt="" class="image-article-full-width-580px" height="266" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image84_6.jpg?itok=evTw1sb3" title="Eden Square. Image: Marshall White Projects" width="580"></a>

<figcaption>Eden Square. Image: Marshall White Projects</figcaption></figure>Ringwood's progression is backed by data released by RPM Real Estate during March which translates the suburb's success into raw numbers.

The outer east's designated Metropolitan Activity Centre, Ringwood has and will continue to be the beneficiary of an investment pipeline which equates to $1.213 billion. According to RPM Real Estate, that investment will span 148,527sqm of non–residential floor space and 1,392 residential dwellings.

Hand in hand with these figures are the increased employment opportunities across the area; 2.8% per annum over the two years to September 2016, thus providing 8,500 plus additional jobs. RPM Real Estate data also shows that Ringwood's median house price has increased by a sizeable average of 15.6% per annum to $860,000, while its median unit price has increased by 8.9% per annum on average to $530,125.

With this increased development and employment activity, and the rise of respective median prices, Ringwood's Metropolitan Activity Centre's resident population is forecast to increase by 58% over the five years to 2021.

<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/image68_8.jpg" rel="gallery-all" title="The Selection is coming to Ringwood"><img alt="" class="image-article-full-width-580px" height="340" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image68_8.jpg?itok=KFAjDYLA" title="The Selection is coming to Ringwood" width="580"></a>

<figcaption>The Selection is coming to Ringwood</figcaption></figure>In light of the above figures, it would then come as no surprise that Ringwood's apartment market has reached a stage where pending releases are seeking to distinguish themselves from the pack. No longer a one-dimensional apartment market, this new level of differentiation where one project trumpets its superiority relative to others demonstrates an expanding degree of market depth.

Put quite simply Ringwood's apartment market is now large enough to offer genuine choice for prospective buyers.

<a href="/buildings/the-selection-8-bond-street-ringwood">The Selection</a> is the latest project looking to capitalise on the emerging and increasingly diverse Ringwood apartment buyer. Located at 8 Bond Street and diagonally opposite Eastland, the project which has yet to formally launch, has positioned itself as a cut above in terms of quality.

In terms of current and future projects, Apartments.com.au is tracking 16 major developments within Ringwood; the majority are dedicated apartment projects with Sage Hotel Eastland and Quest Maroondah Highway the notable exceptions. The overall number of 16 projects will invariably increase as new developments come online.

During March a revised application was submitted for <a href="/new-apartments/bond-central-48-bond-st-ringwood">48-52 Bond Street</a>. In a sign of confidence in the market, its proponents have sought to expand the development from three to seven levels, with the new plans expected to yield 90 dwellings onsite.

<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/img_0967.jpg" rel="gallery-all" title="Sage Hotel atop Eastland "><img alt="" class="image-article-full-width-580px" height="435" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/img_0967.jpg?itok=HyxWjBtv" title="Sage Hotel atop Eastland " width="580"></a>

<figcaption>Sage Hotel atop Eastland</figcaption></figure>
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Ringwood's apartment market comes of age

<html><body>
Clarendon Street's position as a hotel and serviced apartment hub is likely to be strengthened by way of a new tower proposed for 56-62 Clarendon Street.

Already boasting Crown Metropol, Clarendon Street will also see construction commence on a Peppers hotel shortly, and is subject to a substantial hotel proposal as part of the <a href="/news/tea-for-two-southbanks-historic-tea-house-up-for-a-towering-addition">Tea House's prospective redevelopment</a>. In addition to traditional apartments, 56-62 Clarendon Street is proposed to also include 128 serviced apartments across its lower levels.

Submitted late last year, the application on behalf of developer Yang Clarendon.

<h2>56-62 Clarendon Street application summary</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/image83_3.jpg" rel="gallery-all" title="Artist's impression of the new Southbank tower. Planning image: Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="925" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image83_3.jpg?itok=BquFwcHB" title="Artist's impression of the new Southbank tower. Planning image: Fender Katsalidis" width="580"></a>

<figcaption>Artist's impression of the new Southbank tower. Planning image: Fender Katsalidis</figcaption></figure><ul>
<li>1,212sqm site current utilised as a Europcar outlet and motor mechanic centre</li>
	<li>Proposed 48 level tower at 151m to roof</li>
	<li>Plot ratio: 22.6:1</li>
	<li>128 Serviced Apartments: 24 x DK 1BR, 56 x DK  Studio, 48 x Studio</li>
	<li>234 apartments: 117 x 1BR, 117 x 2BR</li>
	<li>2 retail spaces fronting Clarendon Street</li>
	<li>372sqm of amenities</li>
	<li>80 car parks &amp; 93 bicycle bays</li>
	<li>GFA: 27,214sqm</li>
</ul>
Fender Katsalidis Architects have designed the tower, with the broader development team having already responded to preliminary DELWP queries during February this year.

<blockquote>
The building facade is designed to give the overall building form a more bold and expressive appearance, with different elements working to define the podium, tower and roof of the building.

At street level the podium appears more bold and dramatic, a point of interest and excitement along the pedestrian street. The tower form appears simpler and lighter, in the background but with the facade design winding its way up towards the top. At roof level the facade folds back along the top, extending the expressive and bold facade up to the roof, to be read from afar at the scale of the wider urban context, if only slightly.
<cite>Urban Context Report</cite>
</blockquote>

At 48 levels, 56-62 Clarendon Street is among the tallest towers in the immediate area; diagonally opposite, BPM's Shadow Play is under construction whilst 334-344 City Road holds approval at 38 levels.

56-62 Clarendon Street carries a similarly themed exterior to a number of other Fender Katsalidis-designed Southbank towers such as Eureka Tower, Australia 108 and 18 Moray Street. Certainly, in the three projects below, gold highlights over a predominantly blue facade has become somewhat of a Southbank norm for the design practice.

<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/image21_12.jpg" rel="gallery-all" title="Gold over Blue. Images: Yellow Red Fox, Meinhardt &amp; Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="317" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image21_12.jpg?itok=lgCyXCO6" title="Gold over Blue. Images: Yellow Red Fox, Meinhardt &amp; Fender Katsalidis" width="580"></a>

<figcaption>Gold over Blue. Images: Yellow Red Fox, Meinhardt &amp; Fender Katsalidis</figcaption></figure><h2>56-62 Clarendon Street development team</h2>

<ul>
<li>Developer: Yang Clarendon</li>
	<li>Architects: Fender Katsalidis Architects</li>
	<li>Planning: Urbis</li>
	<li>Land Surveyor: Breese Pitt Dixon</li>
	<li>Building Surveyor: Abdec Building Surveyors</li>
	<li>Structural and Services Engineering: WSP Structural Engineering</li>
	<li>Waste Management: Leigh Design</li>
	<li>Traffic Engineering: GTA Consultants</li>
	<li>Wind Consultant: MEL Consultants</li>
</ul>
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Another substantial Southbank tower emerges

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Brunswick's Nightingale 1 apartment project reached a significant milestone on Friday, with constructor <a href="/builders/project-group-construction">Project Group</a> holding a ‘Topping Out’ ceremony for the build.

Underpinned by the principles of wellbeing and liveability, the Nightingale series of apartment projects are becoming increasingly popular with purchasers, as evidenced by the 2,000 strong waiting list for future Nightingale releases. 

At <a href="/new-apartments/brunswick-vic-3056">6 Florence Street Brunswick, Nightingale 1</a> is a five-storey building containing 20 apartments, a ground floor retail space and rooftop communal gardens. The project is aiming for an average rating of 8.2 stars, and includes a shared 18kW solar array.

Nightingale's development and financial model is unique in that it advocates connected communities and sustainability, with capped project profits and a covenant upon resales ensuring affordability is passed on. Nightingale 1 is directly opposite <a href="/new-apartments/brunswick-vic-3056">The Commons</a>, which acted as the Nightingale model's test bed project.

<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/image70_6.jpg" rel="gallery-all" title="Nightingale 1's anticipated outcome"><img alt="" class="image-article-full-width-580px" height="411" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image70_6.jpg?itok=U1UVailD" title="Nightingale 1's anticipated outcome" width="580"></a>

<figcaption>Nightingale 1's anticipated outcome</figcaption></figure>Project Group have advanced the <a href="/architects/breathe-architecture">Breathe Architecture-designed</a> Nightingale 1 build to structural completion, and will now ramp up the projects fit out.

Nightingale 1 is one of a swag of residential projects currently under the guidance of Project Group, who have recently added new builds in <a href="/new-apartments/collingwood-vic-3066">Collingwood</a>, <a href="/new-apartments/richmond-vic-3121">Richmond</a>, <a href="/new-apartments/prahran-vic-3181">Prahran</a> and <a href="/new-apartments/armadale-vic-3143">Armadale</a> to their construction catalogue.

On the occasion of Nightingale 1's topping out, Project Group Managing Director Michael Robertson offered the following:

<blockquote>
We have a passion for delivering innovative projects and Nightingale is an innovative model that creates socially equitable, liveable, and affordable housing for everyday Australians. Getting into the housing market isn’t what it used to be and whilst Nightingale has a waiting list, it’s buying model is based on a ballot and it’s the only residential apartment offering that’s built to support buyers’ wellbeing and liveability.
</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/image8_10.jpg" rel="gallery-all" title="Friday morning's ceremony included the traditional tree hoisting"><img alt="" class="image-article-full-width-580px" height="319" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image8_10.jpg?itok=XVJgw9BR" title="Friday morning's ceremony included the traditional tree hoisting" width="580"></a>

<figcaption>Friday morning's ceremony included the traditional tree hoisting</figcaption></figure>Nightingale 1 has is expected to be completed later this year, whilst two further projects have also boosted Nightingale's public profile.

<a href="/buildings/nightingale-2-0-30-railway-place-fairfield">Nightingale 2 at 72A Station Street Fairfield </a>has planning approval and in an unusual move garnered over 200 letters of support for the project during its planning phase. In addition, 209 Sydney Road Brunswick has been positioned as Nightingale 3, and holds a Notice of Decision from Moreland City Council for a  seven storey building containing three retail premises, one office and 20 apartments.

Overall there are 18 Nightingale projects in development around Australia.
</body></html>

Nightingale 1 reaches a construction milestone

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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."

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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.

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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."

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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."

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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>.

Mark Baljak

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