Melbourne's top developers are gearing up for a big 2025, with the majority of the bigger developers expected to launch several major projects throughout the year.

Looking to take advantage of the recent stamp duty abolition, which means buyers don't have to pay any stamp duty until October 2025, developers have been fast-tracking plans to meet growing demand in the off the plan apartment market.

Many are also focusing on adding value through innovative designs and sustainability features to attract buyers seeking long-term investment potential.

There is a diverse range of developments on the horizon, from small, boutique apartments aimed at the affluent downsizer, to sustainable developments with eco-friendly designs and energy-efficient technologies, and large-scale neighbourhood precincts that will address Melbourne’s ongoing housing shortage by delivering much-needed supply to the new property market.

In this article, we've wrapped up the top new apartment developers to look out for across the city in 2025.

<h2>Abadeen</h2>

<a href="/developers/abadeen-group">Abadeen</a> has rapidly emerged as a developer to watc in Melbourne, despite only entering the local market in 2024.

Abadeen has built a strong presence in Sydney's luxury market since its founding in 1999 by industry veteran Justin Brown. The developer made its mark in Melbourne with the launch of <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> in <a href="/developments/malvern-east-vic-3145">Malvern East</a>, under the local leadership of former CBRE executive Andrew Leoncelli.

[smartcode_project:default project_id=141969 project_image_fid=222389]

Maléa,&nbsp;which recently topped out and has already sold four of its seven apartments, is on track for completion in mid-2025. Meanwhile, Abadeen has several exciting new launches planned for the year ahead

They have a permit for a <a href="/news/vic/first-look-abadeen-lodge-plans-for-second-melbourne-apartment-development">new boutique development in Prahran</a>, and later next year they will hope to launch another project on <a href="/news/vic/exclusive-abadeen-grab-next-melbourne-off-the-plan-apartment-development-site">Caulfield Park</a>.

"<a href="/developers/abadeen-group">Abadeen</a> is renowned for crafting beautiful, lasting, and aesthetically pleasing spaces that seamlessly blend with their surroundings and communities," Justin Brown says.

"As we establish new standards for quality and collaboration in the Sydney market, our goal is to replicate this success in Victoria."

[smartcode_project:default project_id=141969 project_image_fid=222406]

Brown says Andrew Leoncelli's&nbsp;wealth of local relationships perfectly aligns with their consumer-centric approach to development and placemaking, while Leoncelli says he holds a true&nbsp;appreciation for Brown's approach to bespoke development.

"I’ve worked in the property sector for over 20 years and have an appreciation and understanding of all aspects of the process, from identifying a site to bringing a project to life."

Leoncelli says there&nbsp;is an ever-growing appetite from local wealthy downsizers, wanting bespoke high-end apartment living, and that's what Abadeen will bring to Melbourne.

"They have lived their entire adult life in the family home which they don’t need anymore. They want to upgrade their lifestyles whilst downsizing their maintenance and they want the very best of everything, all within walking distance of their favourite parks, restaurants, cafes and shops."

<h2>Hamton</h2>

Developer <a href="/developers/hamton">Hamton</a>&nbsp;is gearing up for a big 2025, launching its newest neighbourhood-style project and the next stage of its $2 billion Moonee Valley Park redevelopment.

Early next year Hamton will take to market Scotch Hill Gardens in <a href="/developments/hawthorn-vic-3122">Hawthorn</a>, six low-rise buildings with 365 residences&nbsp;on the former home of the University of Melbourne.

The project’s unique design features 5,500 sqm of publicly accessible green space and a new retail precinct.

<img alt="The top 12 new apartment developments launching in Melbourne in 2025" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-05%20at%2012.26.19%E2%80%AFPM.png?VersionId=H8GgTZQM4C5rsSPVg3X_FP1iu2UN_cd8" />

Hamton is also advancing Moonee Valley Park, their $2 billion redevelopment of the Moonee Valley Racing Club.&nbsp;

At some point in 2025 they will launch the next two stages that will bring around 440 more apartments to the growing community. The two current buildings within Moonee Valley Park, <a href="/buildings/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a> and <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, are well under construction and nearly sold out.

There will be over 2,000 dwellings in the masterplan when it's completed.

<h2>Milieu</h2>

Design-driven developer <a href="/developers/milieu-property">Milieu</a> is another big-name developer who will have a busy 2025.

They will complete <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a>, its first development in Melbourne's inner-south east after a string of successful projects in inner-north, while continuing to release apartments at its recently launched <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> project.

[smartcode_project:default project_id=136535 project_image_fid=288412]

In early 2025 they'll be launching their latest project,&nbsp;<a href="/new-apartments/saxon-street-by-milieu-10-dawson-street-brunswick">Saxon Street by Milieu</a>, 80 apartments in <a href="/new-apartments/brunswick-vic-3056">Brunswick</a>, on the site of The Brosnan Centre next door to Brunswick Baths.

Jackson Clements Burrows (JCB) has designed the gas-free building, with landscaping by Oculus and interiors by by Design Office.

The building will be predominantly two-bedrooms, with an almost equal split of one and three-bedroom apartments.

[smartcode_project:default project_id=136434 project_image_fid=306343]

Later in 2025 Milieu will launch <a href="/new-apartments/4-6-derby-street-collingwood-nsw-2850">Derby Street</a> in <a href="/developments/collingwood-nsw-2850">Collingwood</a>, just 18 large-scale apartments off Smith and Gertrude Street.

The brief for Studio Bright was to create a building to echo the site's once-industrial surroundings, so extensive brick and tile detailing was used in the design to integrate it with the street.

<h2>Beulah</h2>

<a href="/developers/beulah">Beulah</a> will be looking to push on with its significant pipeline it's built up recently.

As well as looking to start construction on its Southbank megatower&nbsp;<a href="/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, the developer also has two other inner-city projects they'll be looking to take to market.

In&nbsp;<a href="/developments/fitzroy-vic-3065">Fitzroy</a>&nbsp;Beulah has proposed a sustainabile development with 44 residences above two ground-floor retail spaces designed to integrate with the local Fitzroy character.

<img alt="Beulah unveils new sustainable Fitzroy development" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-11-13%20at%203.05.31%E2%80%AFPM.png?VersionId=u36MiMLVt5FeJp2BAcDTOonoBxVbjesj" />

The fossil fuel-free development has been designed by&nbsp;<a href="/architects/breathe-architecture">Breathe Architecture</a>, Australia’s most awarded sustainable architecture practice. There will be a 'bike hub' and repair station, EV charging facilities, rooftop solar panels and rainwater harvesting.

Beulah also has a new project in&nbsp;<a href="/developments/prahran-vic-3181">Prahran</a>, near the famous Prahran Market.

Designed by Cera Stribley, the new development at&nbsp;182-194 Commercial Road will have 39 one, two and three-bedroom apartments across an eight-level building, also above retail, hospitality venues, and offices.

<img alt="Beulah lodge plans for mixed-use Prahran project" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/beulah_prahran_opportunity.jpg?VersionId=.3MJV8Str4kXZrU6cCiUce_esiuqikqg" />

“Prahran is founded on a rich cultural tapestry, heavily influenced by the industrial and Victorian eras," Beulah Executive Director Adelene Teh says.

“We are excited at the prospect of unlocking the true potential of this inner-city pocket, while complementing the renowned Prahran Market via retail, dining and public amenity, coupled with an unprecedented residential offering.”

Beulah also has a <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick townhouse development</a> which was recently launched.

<h2>Mirvac</h2>

National developer&nbsp;<a href="/developers/mirvac">Mirvac</a> is always busy.

While also building <a href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle</a> at <a href="/developments/docklands-vic-3008">Docklands</a>, The Albertine just off St Kilda Road, and Prince &amp; Parade in Brunswick, Mirvac will want to launch <a href="/new-townhouses/mekko-apartments-altona-north-198b-blackshaws-road-altona-north">MEKKO Apartments</a>, the latest stage in Mirvac's award-winning <a href="/developments/altona-north-vic-3025">Altona North</a> masterplan, The Fabric.

[smartcode_project:default project_id=99938 project_image_fid=228310]

The fully electric building will feature PV solar panels and aim for a 7-star&nbsp;<a href="/guides/what-is-a-nathers-rating-in-new-off-the-plan-apartment-developments" target="">NatHERS</a>&nbsp;energy efficiency rating.

Upon completion, The Fabric will house around 1,500 residents in over 500 townhomes and apartments.&nbsp;

The central focus of the 11.4-hectare community is the 4,000 sqm Patchwork Park, surrounded by well-designed private front and rear gardens by&nbsp;<a href="/architects/eckersley-garden-architecture" target="">Eckersley Garden Architecture</a>.&nbsp;

<h2>Time &amp; Place</h2>

Another national developer,&nbsp;<a href="/developers/time-place">Time &amp; Place</a>, has several projects expected to go live across both Sydney and Melbourne in 2025.

Locally, the developer recently secured approval for its joint venture project in <a href="/developments/glen-iris-vic-3146">Glen Iris</a>&nbsp;with Woolworths, 60 apartments above a full-line Woolworths on Burke Road.

The apartments are targeted at downsizers and multi-generational families.

<img alt="The top 12 new apartment developments launching in Melbourne in 2025" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-10-25%20at%204.22.55%E2%80%AFPM.png?VersionId=g6dEr7RH5iiSXAiBdostA8ZkM5Na.ISi" />

Time &amp; Place is also revitalising the iconic Northcote Plaza in the inner northern suburbs.&nbsp;

The ambitious project will introduce three residential towers, combining build-to-rent and build-to-sell apartments, a low-rise office building, and a podium with extensive amenities such as a pool, gym, private dining areas, and coworking spaces.&nbsp;

Inspired by the site’s industrial heritage, the design integrates brick treatments and modern materials while enhancing public connectivity with landscaped pathways and links to All Nations Park.

<h2>Piccolo</h2>

Boutique developer <a href="/developers/piccolo">Piccolo</a> will complete its Fitzroy apartment development,&nbsp;<a href="/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House Gore Street</a>, in June next year, and will launch the next installment of its Piccolo House brand in 2025.

Their new $50 million development, <a href="/new-apartments/piccolo-house-barry-st-kew-barry-street-kew-18-barry-street-kew">A Piccolo House Barry Street</a> in <a href="/developments/kew-vic-3101">Kew</a>, will have 60 apartments across five three-level buildings, each with expansive private outdoor spaces.

[smartcode_project:default project_id=141498 project_image_fid=290942]

Designed with input from Woods Bagot and <a href="/interior-designers/hecker-guthrie">Hecker Guthrie</a>, the project incorporates materials inspired by the area's Victorian architecture, offering a refined yet gritty urban aesthetic. Features include high-end kitchens, spacious living areas, and a lifestyle concierge service.

Read more:&nbsp;<a href="/news/vic/first-look-exclusive-piccolo-plot-new-kew-apartment-development">First look exclusive: Piccolo plot new Kew apartment development</a>

<h2>Fortis</h2>

Another national developer,&nbsp;<a href="/developers/fortis">Fortis</a>, has several projects across Melbourne, Sydney and Brisbane for 2025.

In Melbourne, they'll be further&nbsp; their foothold in the Richmond market, having acquired a site at 550 Swann Street. They're currently selling Carmine House, part of their mixed-use Richmond Square development.

[smartcode_project:default project_id=13181 project_image_fid=256229]

They also have a prime site on <a href="/new-apartments/63-73-fitzroy-street-st-kilda">Fitzroy Street</a> in <a href="/new-apartments/63-73-fitzroy-street-st-kilda">St Kilda</a> they'll be looking to take to market later in 2025.

The 2,661 sqm amalgamated site is envisioned as a precinct-defining opportunity designed by Woods Bagot.&nbsp;

<img alt="First look exclusive: Fortis lodge St Kilda precinct plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-01-17%20at%2011.40.48%20am.png?VersionId=YPH4hinQKw5wc22zsidAt.MZbmAJBULW" />

The development will feature 39 apartments, complemented by 950 sqm of curated retail spaces aimed at reinvigorating the once-thriving Fitzroy Street precinct.&nbsp;

Woods Bagot has drawn inspiration from St Kilda’s Victorian-era grandeur, incorporating elegant architectural details and landscaping by Florian Wild to restore charm and vitality to the area.

In this article, we've wrapped up the top new apartment developers to look out for across the city in 2025.

Joel Robinson

Building tomorrow: Melbourne's leading new apartment developers to watch out for in 2025

Tim Gurner's&nbsp;GURNER™&nbsp;has put its foot on the accelerator in Australia's property market.

For years Gurner was well known for his high-end, boutique apartment developments dotted across some of Melbourne's coolest suburbs, as well as wellness facilities only accessible by Melbourne's elite.

Now the developer, with a development pipeline well into the billions of dollars, is operating across four states, with key, game-changing projects in both his native Melbourne as well as in Adelaide, Sydney and the Gold Coast. There's even a hotel-like project in Port Douglas in the mix.

&nbsp;

Tim Gurner says they have strong convictions in the Melbourne market, as well as Australia more broadly.

"Record-low supply continues to strain the market and isn’t showing any sign of improving any time soon," Gurner says.

"Meanwhile, demand is soaring, and planning issues, government inaction and record population growth have stretched supply even further.

"Governments Australia-wide simply must take more action to unlock housing supply, starting with bringing back stamp duty exemptions and encouraging foreign buyers back into the market. If there’s no action, this problem is going to become an inter-generational issue."

While Gurner's boutique arm will aim to deliver six to eight small-scale, luxury developments per year, it's Gurner's city-shaping projects which are catching the eye. It's these projects that Gurner says&nbsp;are the only real solutions to the current supply issues.

"We need more residences that meet different sectors of the market from short and long-term rentals through to build-to-rent offerings, alongside quality build-to-sell housing stock that’s anchored with true mixed-use offerings to create community and place-making, so that we can not only cater to record-high demand but create new cities that look to the future needs of those who live here&nbsp;

"The fundamental problem facing most capital cities is that it’s extremely challenging to deliver new supply – this is pushing prices up, having a knock-on effect of higher rents and resulting in record-low vacancy rates across most of the country."

We're going to take a look at every major development Gurner has across the country.

<h2>Location: Docklands, Melbourne</h2>

<h2>Project: Elysium Fields</h2>

<h3>Address: 208-226 Harbour Esplanade, Docklands</h3>

GURNER™ has recently submitted plans for the first stage of its <a href="/developments/docklands-vic-3008">Docklands</a> mega-project, Elysium Fields.

Elysium Fields aims to create a biosphere-like environment integrating advanced wellness principles, including access to anti-ageing treatments, a medical clinic, and various wellness facilities.&nbsp;

At Elysium Fields, residents will have access to advanced anti-ageing protocols and equipment like cryotherapy, IV infusions, dry and infrared sauna, red light therapy, grounding and PEMF beds, alongside access to visit the Elysian Reverse Ageing Medical Clinic that will provide medical-grade treatments including MRIs, DEXA scans, brain scans, blood testing and personalised health plans.&nbsp;

<img alt="Elysium Fields" data-entity-type="file" data-entity-uuid="05c466f8-85bc-4d6e-96f8-2dedf5a67b1a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E04%20-%20Central%20Pier_DJI_0696_Crop2.jpg?VersionId=5a6lYbxVKXPEt2h5Z2byWCcWKbYn2i6a" />

The 27,000 sqm site precinct will include over 1,350 BTR and BTS apartments, a retail and hospitality precinct, a 4-star short-stay hotel of circa 100 keys and another premier 5-star hotel in the main tower of over 250 keys, with state-of-the-art conference facilities, a business club and hospitality offerings.&nbsp;

The residential units, hotels, and retail spaces will sit amongst 3,700 sqm of much-needed immersive public landscapes and gardens, including a landscaped pedestrian-focused ‘path of life’ that runs the entirety of the north-south ground floor/podium plane that will be designed for running track, Yoga, meditation, training, exercise and recovery, alongside a rooftop sports court, a private wellness club, a pool club and 5,000 sqm of retail, dining and public realm amenity.&nbsp;

The <a href="/architects/fraser-partners">Fraser &amp; Partners</a>-designed precinct will also feature its very own botanical gardens, be geared for a 24/7, interactive retail, &nbsp;dining and entertainment experience, and include a stunning, futuristic glass dome over the site, &nbsp;modelled on the concept of Elysium being the utopian afterlife. &nbsp;

The first stage of Elysium Fields comprises three towers, with plans to launch the first tower in Q3 of the year.

Read more:&nbsp;<a href="/news/vic/gurner-submits-plans-for-first-stage-of-1-7-billion-docklands-precinct-elysium-fields">GURNER submits plans for first stage of $1.7 billion Docklands precinct, Elysium Fields</a>

<h2>Location: St Kilda Road, Melbourne</h2>

<h2>Address: 424-426 St Kilda Road, Melbourne</h2>

GURNER™'s St Kilda Road project is gathering momentum. Recently it was announced&nbsp;Chicago-based, international architecture firm SOM, would design the $800 million mixed-use project facing Albert Park.

SOM, who designed&nbsp;the Burj Khalifa in Dubai and the One World Trade Centre in New York, has put pen to paper for around 200 apartments across 19 levels, with a focus on large two to four-bedroom apartments alongside retail spaces, food and beverage outlets, and extensive wellness amenities.

<img alt="424-426 St Kilda Road" data-entity-type="file" data-entity-uuid="a89aabfc-4493-4613-bba4-fbf91060d327" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/424-426%20St%20Kilda%20Road.png?VersionId=Q9mfkBWwcXsKIWVG18Pm1n5RUu1O0XVv" />

The 4651 sqm corner site at&nbsp;<a href="/new-apartments/illoura-house-424-426-st-kilda-road-melbourne">424-426 St Kilda Road</a> – which boasts three frontages on the corner of St Kilda Road, Toorak Road and Queens Lane – will offer uninterrupted views over the Royal Botanic Gardens and Domain precinct and Albert Park Lake.

Once complete, the project will boast walkability to Anzac Station, Albert Park Lake, the Royal Botanic Gardens and Fawkner Park, and be close to South Yarra’s retail and dining precinct.

Read More:&nbsp;<a href="/news/vic/burj-khalifa-one-world-trade-centre-architect-to-design-gurners-latest-melbourne-apartment-development">Burj Khalifa, One World Trade Centre architect to design Gurner's latest Melbourne apartment development</a>

<h2>Location: Adelaide</h2>

<h2>Address: 237 Grote Street, Adelaide</h2>

GURNER™ announced itself into the <a href="/developments/adelaide-sa">Adelaide</a> market late last year, teaming up Kennards Self Storage to propose plans for a $1 billion mixed-use precinct to&nbsp;redevelop Adelaide's former Australia Post site.

The proposed plans, designed by long-time GURNER™ collaborator&nbsp;<a href="/architects/fraser-partners-0">Elenberg Fraser</a>, the huge precinct will deliver a new lifestyle destination for Adelaide. It will feature a five-star hotel, 600 apartments, extensive retail, food &amp; beverage, wellness and recreation spaces, and a work club.

<img alt="237 Grote Street, Adelaide" data-entity-type="file" data-entity-uuid="e8b958e2-67f6-41d4-aa0f-e4e28bbb4d43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/237%20Grote%20Street%20Adelaide.png?VersionId=Ept8o7LrFYr3CevlI0rFpK4wrDINqUgS" />

In keeping with the Greener by GURNER™ vision, the development features an environmentally sustainable design to target a 5 Star Green Star Building certification, an inset energy network and a net-zero energy emissions outcome. With low cost, 100 per cent renewable energy available, and an all-electric precinct, the development is set to be carbon neutral in operation.

The inclusion of self-storage space alongside the GURNER™ residences is a unique point of difference, particularly for downsizers looking to make a move to a new apartment residence from a large, furnished family home.

<h2>Location: Surfers Paradise, Gold Coast</h2>

<h2>Project: La Pelago</h2>

<h3>Address: 108 Ferny Avenue, Surfers Paradise QLD 4217</h3>

Gurner's debut Gold Coast project, La Pelago, will be one of the largest projects ever completed on the Gold Coast.

The $1.7 billion development, being developed in a joint venture with&nbsp;<a href="/developers/wingate">Wingate</a>&nbsp;comprises four towers on Ferny Avenue.

[smartcode_project:default project_id=108339 project_image_fid=206588]

The Resort Residences is the first stage available in the masterplan, located in the first 28 storeys of the project’s first tower, <a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">Aquia</a>, which will soar 65 levels and have a total end value of $1 billion.

The Resort Residences have a mix of one, two and three-bedroom apartments ranging from $525,000 up to $1.8 million, ranging in size from 60 sqm to 200 sqm.

Aquia boasts an exclusive private wellness club, the three-level resort-style podium deck with its ‘private island’ Archipelago of pools, lagoons and relaxation areas, and direct access to a signature restaurant, bars and cafes located throughout the tower and on ground level.

[smartcode_project:default project_id=108339 project_image_fid=206593]

After the overwhelming demand for stage one, GURNER™ is gearing up for the new release of Crystal Club, an exclusive collection of luxury residences from floors 44 to 63.

La Pelago, inspired by some of the world’s most exclusive private Archipelago resorts, has been imagined as a series of island precincts among a vast expanse of lagoon pools, with private bookable lounges and private dining areas, cabanas, sundecks, swim-up bars, restaurants and soaring mature palm trees over a three-level resort podium.

<h2>Location: Geelong</h2>

<h2>Address: 20-28 Brougham Street, Geelong</h2>

GURNER™ is also debuting in Victoria's second-largest city, having acquired a prime 2100 sqm parcel site at 20-28 Brougham Street, 300 metres from the Geelong Waterfront.

Gurner enters the&nbsp;<a href="/developments/geelong-vic-3220">Geelong</a>&nbsp;market with a $300 million sustainable mixed-use precinct designed by <a href="/architects/fk-australia">Fender Katsalidis</a>, featuring an activated ground plane, a hotel and urban gardens, and residential apartments above the hotel.

<img alt="20-28 Brougham Street, Geelong" data-entity-type="file" data-entity-uuid="2a195dd4-df28-4187-a3c1-6bcf40ffe562" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20-28%20Brougham%20Street%2C%20Geelong.jpg?VersionId=pXCqhLwgFOSA4V5yTy0LC9XMXXuz9RlK" />

“We will be bringing an incredible 5-star hotel to this location that will feature a retail and hospitality offering at the ground floor that will be reminiscent of Chelsea Market in New York," Gurner says.

“Sitting on top of the hotel will be a collection of large luxury owner-occupier residences for locals and downsizers."

Gurner has teamed up with the local property identity Dean Montgomery to restore the heritage façade of the historic four-storey, red brick building on site to house a new ground-floor food and beverage precinct.

The building will be fully carbon neutral, and will offer an environmental point of difference not seen in Australia to date.

<h2>Location: Burleigh Heads, Gold Coast</h2>

<h2>Address: 1929 Gold Coast Highway, Burleigh Heads</h2>

Gurner has an approved project in <a href="/developments/burleigh-heads-qld-4220">Burleigh Heads</a> which will be his second project in the&nbsp;<a href="/developments/gold-coast-qld">Gold Coast</a> after La Pelago.

In partnership with&nbsp;<a href="/developers/maxcap-group">MaxCap Group</a>, the $150 million development will be more boutique, with just 55 apartments across an 18-level buildiing on the Gold Coast Highway.

[smartcode_project:default project_id=111880 project_image_fid=200329]

The rooftop will be landscaped with a deck and a pool.

Designed by Warren and Mahoney in collaboration with GURNER™’s in-house design studio, the development integrates Singaporean landscaped oasis elements with elegant Japanese interior design.

Gurner is expected to launch the project in 2024.

<h3>&nbsp;</h3>

&nbsp;

&nbsp;

&nbsp;

<h2>Location: South Yarra</h2>

<h2>Project: Jam Factory</h2>

<h2>Address: 500 Chapel Street, South Yarra, VIC 3141</h2>

Gurner's&nbsp;once-in-a-generation plan to transform Chapel Street’s Jam Factory into a world-class retail, residential, hotel and commercial precinct will form the cornerstone of Chapel Street's future renaissance.

The five-tower redevelopment, another joint venture with Newmark Capital and Qualitas, will deliver 18,500 sqm of new retail space, 20,000 sqm of commercial office and 400 residences across 42,020 sqm of residential space, alongside a 5-star 200-room hotel, a cinema upgrade, and a new public realm.

[smartcode_project:default project_id=5351 project_image_fid=23488]

The redevelopment, signed off by the City of Stonnington in 2022, will inject more than $800 million into the Victorian economy annually, in addition to $500 million in construction alone. Workers and residents are expected to spend more than $28 million at the precinct annually, while hotel guests will bring in over $12 million every year.

“We’ve been working closely with the project team, as well as council, to deliver something truly world-class – the redevelopment will put Chapel Street back on the map, not only as a retail hub, but as a luxury travel and lifestyle destination as well,” Gurner said.

<h2>Location: Barangaroo</h2>

<h2>Address: 189 Kent Street, Barangaroo</h2>

Gurner's $800 million Barangaroo project will sit among some of the country's most expensive apartments.

With Lendlease's One Sydney Harbour starting to settle, eyes will look toward Gurner's project which was secured from&nbsp;Greg Shand's <a href="/developers/barana-group">Barana Group</a>&nbsp;last year.

The project marks the first capital deployment within Gurner's $2 billion Build-to-Sell development fund, backed by a global institutional investor.

<img alt="189 Kent Street, Barangaroo" data-entity-type="file" data-entity-uuid="602a34ae-4927-4c14-88ee-b3c22465349c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/189%20Kent%20Street%2C%20Barangaroo.png?VersionId=8D4wz0Q36dY9C19UuGhBmJLroX9kVt3P" />

The 1,195 sqm site at 189 Kent Street, adjacent to <a href="/developments/barangaroo-nsw-2000">Barangaroo</a>, received planning approval for two residential towers, ground-floor retail, restaurants, bars, a health and wellness component, and basement parking.

The site currently houses a commercial office tower with existing tenancies. GURNER™ plans to hold these tenancies until lease completion, following which it will commence residential development.

Award-winning architect <a href="/architects/fjc-studio">FJC Studio</a> has been appointed as architect, having won a competitive design competition between local and international architects.

<h2>Location: Port Douglas</h2>

<h2>&nbsp;Project: The Davidson by GURNER™</h2>

<h3>Address: 97-113 Davidson Street, Port Douglas QLD 4877</h3>

Last year Gurner revealed plans for a mixed-use hotel and residential villa development on Davidson Street in <a href="/developments/port-douglas-qld-4877">Port Douglas</a>, just behind the Sheraton Mirage.

GURNER™ had local architecture firm <a href="/architects/hunt-design">Hunt Design</a> create what is called <a href="/new-townhouses/the-davidson-by-gurner-97-113-davidson-street-port-douglas">The Davidson by GURNER™</a>. The application reveals the central pool as the focal point of the development.

Around the pool will be a kids club, with a play area and a separate pool, a treatment space, a yoga room, a lounge, a cafe, and a separate restaurant and dining space.

<img alt="The Davidson by GURNER™" data-entity-type="file" data-entity-uuid="85ff223c-a368-4779-b2da-2e55ae2afebd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Davidson%20by%20Gurner.png?VersionId=JmFKhH5zRcb6nJpDxMr4gBg9ICVPcoaM" />

Flanking the pool will be a 107-room hotel, a mix of Garden Suites and Poolside Suites. The ground-floor Garden Suites have private access to another pool, exclusively for guests. Each Garden Suite room is 40 sqm, with a further 14 sqm of balcony space. The Poolside Suites are a touch larger. The low-rise hotel will also be home to a sky bar on level three.

45 two-level private villas then complete the resort-style development, on blocks ranging in size from 155 sqm to 470 sqm.&nbsp;

Hunt Design describes The Davidson by GURNER™ as a new benchmark for luxury travel, reminiscent of a Beach Club experience. The project reflects a trend in the tourism industry towards mixed-use developments that offer a range of accommodation types, including private homes.&nbsp;

"The real solution to the current supply issues": How Tim Gurner is solving Australia's dwindling housing supply

It's always quite fascinating talking to developers. No two conversations are ever the same.

They've all got a different story, a varying level of experience and completed development pipeline. Most importantly, every developer has a different way of doing things, from how they identify development sites to what type of product they develop.

Established Sydney property developer <a href="/developers/billbergia">Billbergia</a> found where they would sit in the Sydney off the plan apartment market in the mid 1990s, after starting life in 1988 as a civil contracting company before focusing on townhouses and low-density apartment development.

The strategy was a simple but effective one, and it was a strategy that relied heavily on location.

They doubled down on the waterfront, where they've in essence created whole suburbs. While the strategy has evolved in recent years to create communities around strong transport links in the likes of Lidcombe, Arncliffe and West Ryde, waterside suburbs are where the developer is still where the action is.

Speaking recently to Joseph Kinsella, third generation Kinsella who is the group Director, it was clear <a href="/developers/billbergia">Billbergia</a> knew what type of apartment developer they would become right from the outset.

"Dad [<a href="/developers/billbergia">Billbergia</a> Founder John Kinsella AM] saw an opportunity to acquire and amalgamate areas near both water and transport and took ownership of large sites in Meadowbank, Rhodes, Wentworth Point and Camelia.

"History has always turned its back to the water. It's where industrial precincts were located and where unloading and loading were the main activity. But the natural transition, as Sydney's gentrified and come out of the industrial era, these locations are at a premium," Kinsella says.

<a href="/developers/billbergia">Billbergia</a> completed their Meadowbank precinct, Waterpoint Shepherds Bay&nbsp;complex where the family office is located, over a decade ago, and with it between 800 and 1000 apartments.

Meadowbank is located just across the Parramatta River from Rhodes and Wentworth Point, where <a href="/developers/billbergia">Billbergia</a> is still developing.&nbsp; They've been developing in Wentworth Point almost as long as the suburb has existed. Previously part of Homebush Bay West, it was only 2009 when Wentworth Point became its own suburb.

"Construction in Wentworth Point started in around 2010, but the visioning of the project happened long before that," Kinsella said.

"There were mostly just four to eight-level apartment projects, no real town centre, no schools, and not much opportunity for pedestrian activity or transport.&nbsp;

"Fast forward 12 years and there's a thriving community with a vibrant town centre, around 3,000 apartments, and transport in and out of the suburb, both by bus, car, and the now famous public transit and active transport Bennelong Bridge.

<a href="/developers/billbergia">Billbergia</a> has just unveiled updated plans for its Bennelong Cove project,&nbsp;the final stage of the multi-national award-winning 11-hectare master-planned community at Wentworth Point in Sydney’s inner-west.

The proposal also incorporates a waterfront promenade with amphitheatre, restaurants, cafes and a registered club and pub to activate the foreshore promenade with a major 16,000 sqm new park in the heart of the town centre. It’s accompanied by $70 million in new community and social infrastructure, a $36 million multi-purpose indoor and outdoor sports and recreation centre with outdoor courts, as well as two childcare centres.

Read more:&nbsp;<a href="/news/nsw/billbergia-unveils-updated-plans-for-bennelong-cove-wentworth-point-masterplan">Billbergia unveils updated plans for Bennelong Cove, Wentworth Point masterplan</a>

<img alt="Billberbergia" data-entity-type="file" data-entity-uuid="b8e06889-191b-4fe6-9ddd-3dc5aae3c865" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-11%20at%203.40.26%20pm.png?VersionId=uqGmynh1w0AWIAHVqVVxPD7WiO8AkuNw" />

Over in Rhodes, accessed by Bennelong Bridge from Wentworth Point over Parramatta River which <a href="/developers/billbergia">Billbergia</a>&nbsp;developed, Kinsella says they've seen a number of different markets and cycles over the 15 years they've been developing in the suburb.

"The unit mix back in the early 2010's was typically more investor focused, ones and two-beds mainly. You couldn't sell a three-bed apartment 15 years ago," Kinsella said.

"Now there's more infrastructure, a primary school and construction nearing completion for a new high school, the suburb has transitioned from investor friendly to owner-occupier. Everything is two and three-bedrooms with some family four-bedders.

"Owner-occupiers are seeing a suburb which is more appealing, affordable and lower maintenance home for family living compared to the traditional family home which is now out of reach for so many in a quality suburb. There's everyone from families to young professionals who both Rhodes and Wentworth Point are appealing to."

Kinsella says there are two halves to Rhodes, the east and the west, with the train station as the centrepoint.

"The west side is where the majority of rezoning happened in the early 2000s, and that's all but delivered. We recently completed the Super neighbourhood shopping centre Rhodes Central, adjacent to the train station entry on the west side. That's really the hub of the suburb for shopping."

<a href="/developers/billbergia">Billbergia</a> is currently developing stages two and three of Rhodes Central, two apartment towers with a community recreation centre on three levels in the podium. The two towers, with 674 apartments, will be the second to last piece in that precinct, with <a href="/developers/billbergia">Billbergia</a> currently in discussions with council about providing additional infrastructure to the suburb with the possibility of a bus interchange adjoining the train station.

In October <a href="/developers/billbergia">Billbergia</a> submitted plans for&nbsp;a 37-level, 244-apartment tower at&nbsp;9-13 Blaxland Road, Rhodes.

The proposed new sustainable tower features a striking slender form designed by architects GroupGSA in collaboration with Singaporean landscape studio Salad Dressing - whose exterior design concept earned them first place in a design excellence competition for the site.

Aligned with the principles of the 2021 Rhodes Place Strategy, the proposed new tower sits within the&nbsp;<a href="/developments/rhodes-nsw-2138">Rhodes</a>&nbsp;Station Gateway East precinct that was rezoned by NSW State Government in 2021 following extensive community consultation.

Read more:&nbsp;<a href="/news/nsw/billbergia-file-for-sustainable-rhodes-apartment-development">Billbergia file for sustainable Rhodes apartment development</a>

While continuing their strong foothold in Wentworth Point and Rhodes, <a href="/developers/billbergia">Billbergia</a> has branched out over recent years.

They have Arncliffe Central, a multi-stage development near the Sydney Airport and the first masterplanned community of its scale in Arncliffe.

In partnership with the NSW Government Land and Housing Corporation and community housing provider Evolve Housing, Arncliffe Central will deliver four towers with over 800 apartments above a retail podium, as well as parklands, a&nbsp;brand-new community centre, childcare facility, full-line supermarket with supporting retail, and an ‘eat street’ restaurant and café precinct on the 1.3-hectare site.

They also have just completed four towers at Lidcombe Rise adjacent to the Station, providing 41 per cent social and affordable housing, and three apartment towers at The Parade in West Ryde, next to the West Ryde Train Station.

<a href="/developers/billbergia">Billbergia</a>&nbsp;is widening its net once again, not only to a new suburb, but a whole new area with their latest plans, a two-tower, work-from-home focused development in Chatswood.

The PBD Architects-designed towers at 8 Wilson Street, which will be the developers first foray into the North Shore market, will be connected by a podium with retail, commercial showrooms, and flexible SOHO style live/work offerings.&nbsp;

The two 27-level towers will have 251 apartments.&nbsp;

Read more:&nbsp;<a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development">Billbergia focus on hybrid, remote working at new Chatswood apartment development</a>

<a href="/news/nsw/billbergia-focus-on-hybrid-remote-working-at-new-chatswood-apartment-development"><img alt="Bilbergia" data-entity-type="file" data-entity-uuid="9e7d0170-c7d9-4645-a989-50aaba2c237b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-11%20at%204.23.09%20pm.png?VersionId=.vmbAC9dlcoQ8xiN0RFJTqPhEHSa7YyO" /></a>

To highlight Billbergia's long standing in the Sydney off the plan apartment market, they were one of the first developers to work directly with Building Commissioner David Chandler OAM before highly anticipated iCIRT rating system was in place.

"We were one of the industry leaders who worked hand in hand to put the iCIRT rating system together, and we were one of the first to achieve the rating," Kinsella said, adding that the system is starting to make an impact.

"Initially the rating system was a bit slow until it got consumer recognition, but it's starting to get there," Kinsella said.

"It can be more of a marketing push for more and more developers, but ultimately from a consumer point of view, if you're set on a suburb and you see one developers project with it and another without it, people will naturally start gravitating to those developers."

On the outlook of the Sydney off the plan apartment market in 2024, Kinsella said there's a lot of demand drivers which will point to growth.

"Migration is there and there's growing demand, while supply is quite constrained due to planning, and even when supply is available, many projects still aren't feasible.

"Prices need to catch up, and off the plan apartment prices will have to go up for buildings to be developed."

Speaking recently to Joseph Kinsella, third generation Kinsella who is the group Director, it was clear Billbergia knew what type of apartment developer they would become right from the outset

Billbergia: The suburb-creating developer expanding its horizons

The recent hikes in interest rates has kept everyone guessing month on month.

Ryan Middlemas, Managing Director at <a href="/developments/brisbane-qld">Brisbane-based</a> Carrick Developments, says property buyers had become used to having many properties on the market and cheap and easy finance available. &nbsp;As interest rates rose rapidly and many vendors held properties off the market, both of those factors changed. The quick succession of rate rises was "like a game of musical chairs." as buyers were forced to rapidly adjust their expectations.

"When the music stops, you end up on whatever chair you end up on," Middlemas says.

While many prospective purchasers have seen their serviceability and budgets decrease since the RBA started hiking rates over 12 months ago, Middlemas says ultimately, people still want to buy property.

"People have still made the decision to buy, and while they now can't necessarily afford what they could 12 months ago, their circumstances and appetite to buy generally hasn't changed.

"Buyers maybe take a few months to adjust their expectations. Initially they're saying to themselves 'I could have previously afforded X and I don’t want to compromise, but after a few months, they just accept the new normal and get on with it."

Middlemas says they're seeing a different cohort of buyers because of the rate rises.

"It's almost the opposite of a bracket creep," Middlemas says.

"While many developers feared there would no longer be buyers for their product, from our point of view, it's just a different cohort of people who will be the buyers. They were maybe looking at buying a house 12 months ago, but now their budget only extends to an apartment. They've had to change their expectations. Although it is a different buyer than it might have been previously, the raw number of buyers is relatively unchanged."

Carrick Developments will begin construction on their Indooroopilly project Natura in August 2023. Securing a builder for the project at a workable price had its challenges given conditions in the South East Queensland construction industry.

[smartcode_project:default project_id=94606 project_image_fid=160862]

"It's been a long road like a lot of projects in Brisbane," Middlemas said, noting the dynamic shift in trying to find a builder.

"The construction industry is still operating well beyond capacity. &nbsp;Larger builders are typically not accepting new work, and in any case you have to query how much exposure they still have behind the scenes to unprofitable projects priced prior to the big spike in construction cost, though we are probably past the worst of it.&nbsp;Some smaller builders are stepping into the mid-tier space."

He said previously a developer would have been able to shop around for a builder, creating a shortlist of three then going through a tender process to select one.

"Builders typically refuse to participate in tenders now," Middlemas says.

"If they're not the only one looking at it, they're not going to bother. So now instead of going to three you have to go to one, and if that one doesn't work out, you have to start the whole process again with the next builder."

Middlemas has appointed Cule Constructions to build Natura, following a successful collaboration at Carrick’s Bellevue Clayfield project.

[smartcode_project:default project_id=94606 project_image_fid=160859]

Carrick has hit its pre sales milestones at the project of 35 apartments, and Middlemas expects that when construction has commenced, the remaining apartments will be quickly snapped up.

"What we’re seeing is that few projects are getting more than a quarter or so into their build without being sold out," Middlemas says.

"Whatever you've got left when the cranes go up is going to fly out of the door in a couple of months, as buyers then have the confidence that the project is definitely happening."

Carrick is working on amalgamating a site in Labrador on the Gold Coast for a higher density project in the near future, and will shortly submit a development application for 62 apartments in Brisbane’s Upper Mount Gravatt.

"Brisbane will produce roughly half the number of apartments per year in the next two years as it did in the years prior to Covid. The supply of new apartments will get worse before it gets better." 
&nbsp;

Ryan Middlemas, Managing Director at Brisbane-based Carrick Developments, says the quick succession of rate rises was "like a game of musical chairs."

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