Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<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/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

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Ellen Walker

Off-the-plan property explained: What is stamp duty?

There's plenty of activity in the new development space heading into 2024.

While there's a significant number of developments which are set to launch when they secure council approvals, there's also those that have weathered a number of storms in the industry in the last few years, from COVID and its lockdowns to construction costs and labour shortages, and are set to complete in 2024.

We've cast our eye across <a href="/new-townhouses/sydney-nsw">Sydney</a> and looked at the best off the plan apartment developments set to finish construction in 2024.&nbsp;

<h2>Project: Aura by Aqualand</h2>

<h3>Location: North Sydney</h3>

<h3>Developer: Aqualand</h3>

Aqualand is estimating a mid-2024 completion for its luxury North Sydney apartment development, AURA by Aqualand.

Topping out last year, Aqualand's in house construction team Aqualand Construction, is progressing the internal fit out of each of the 386 apartments. The apartments will sit above a two-level podium with a number of retail and commercial spaces which will activate the Walker Street streetscape.

True to delivering projects that will last, Aqualand has&nbsp;engaged a third party to undertake a peer review on quality assurance once the fit-out is complete, giving buyers even more assurances of a quality build.

[smartcode_project:default project_id=30959 project_image_fid=218005]

Designed by <a href="/architects/woods-bagot">Woods Bagot</a>, <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> features an elegantly curved and undulating facade which creates an illusion that the single structure is divided into four separate towers, with staggered peaks stepping down from level 29 to level 23. The distinctive hourglass shape cinches in at the level-nine ‘waist’ of the building, where the resident’s community centre is located.

AURA by Aqualand’s extensive retail precinct will provide residents with a curated shopping and dining destination on their doorstep, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant. A network of landscaped laneways will welcome people into the precinct.

[smartcode_project:default project_id=30959 project_image_fid=202657]

Other resident amenities include a 24-hour concierge service, a Technogym-equipped gymnasium, a wellness room, a pool of Tesla cars to share, and end-of-trip facilities. A glamorous rooftop area offers a sky sun deck, private dining rooms, barbecue and kitchen space for year-round al fresco entertaining.

AURA represents the fifth residential project delivered by Aqualand since the company’s launch in 2014. It is well on the way to joining a portfolio of other notable completed projects, such as <a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">BLUE at Lavender Bay</a> in <a href="/developments/milsons-point-nsw-2061">Milsons Point</a> and <a href="/buildings/the-revy-pyrmont-8-darling-island-road-pyrmont">The REVY</a> at Darling Island.

<h2>Project: Grand Reve</h2>

<h3>Location: Castle Hill</h3>

<h3>Developer: Kassis Homes</h3>

Luxury home builder turned developer <a href="/builders/kassis-homes">Kassis Homes</a> has 4.5-star iCIRT-rated builder Dasco working towards a late 2024 finish of their debut apartment development, <a href="/buildings/grand-reve-castle-hill-8-18-garthowen-crescent-castle-hill">Grand Reve</a> in <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a>.

Grand Reve, a two-tower, 185-apartment development, has been popular with Hills District locals, in particular downsizers. Prospective home buyers can secure an apartment at Grand Reve with <a href="/news/nsw/grand-reve-apartments-in-castle-hill-offer-purchase-with-just-10k-deposit">just a $10k deposit</a>, and with <a href="/news/nsw/buy-with-confidence-kassis-homes-offers-10-year-structural-defect-insurance-at-grand-reve">10-year structural defect insurance</a>.

[smartcode_project:default project_id=94147 project_image_fid=197727]

Prices start at $580,000 at the Garthowen Crescent project which has also attracted first home buyers, upsizers, and even investors have purchased apartments due to the surge in popularity of Castle Hill, the hub of the Hills District which is drawing attention because of the new North West Metro and Hills Showground Precinct redevelopment.

There are 37 different floor plans available at Grand Reve, with configurations ranging from studios to three-bedroom units and even a handful of split-level, townhouse-style dwellings.

[smartcode_project:default project_id=94147 project_image_fid=203070]

All of the apartments at Grand Reve feature Wolf appliances, with the large two and three-bedroom options also including Sub-Zero refrigeration systems as standard inclusions.

A significant focus for Grand Reve was to offer residents extensive outdoor space within the development. Some 2,300 sqm has been reserved for landscaped communal gardens.&nbsp;

Read more:&nbsp;<a href="/news/nsw/why-castle-hills-grand-reve-is-attracting-the-downsizer">Why Castle Hill's Grand Reve is attracting the downsizer</a>

<h2>Project: Lumia</h2>

<h3>Location: Norwest</h3>

<h3>Developer: Sekisui House Australia</h3>

Builder <a href="/builders/growthbuilt">Growthbuilt</a> began construction of <a href="/developers/sekisui-house-australia">Sekisui House Australia</a>’s <a href="/buildings/the-orchards-lumia-norwest-104-fairway-drive-norwest-nsw-2153">Lumia</a> last year after the development successfully sold over 90 per cent of the apartments, and is now approaching completion early this year.

Sekisui expects to welcome residents to Lumia in August 2024.&nbsp;

Lumia is the third stage at Sekisui House’s award-winning master plan development The Orchards.

[smartcode_project:default project_id=111509 project_image_fid=189523]

The Turner Studio-designed Lumia comprises 330 apartments in one to four-bedroom configurations. Within the range are multiple designs and layouts of apartment sizes for every demographic and design preference.

Many apartments feature additional Max space, an additional living area that can be used as a study or 'work from home office', a children's play area, or a reading room.

[smartcode_project:default project_id=111509 project_image_fid=241368]

Residents can personalise their living space by choosing from two colour schemes: a neutral palette with muted tones and a dark scheme that embraces a mix of warm and cool tones.

The apartments are complemented by three key features of the development: a landscaped communal courtyard garden, outdoor pool, and pavilion, with seating and views of the pool and linear park.&nbsp;

[smartcode_project:default project_id=111509 project_image_fid=189525]

Other amenities in the development include a heated swimming pool, outdoor dining, and BBQ facilities.

Lumia is located in the heart of <a href="/new-apartments/norwest-nsw-2153">Norwest</a> and just a 10-minute walk from the Sydney Metro.

<h2>Project: The Ashford</h2>

<h3>Location: Castle Hill</h3>

<h3>Developer: Deicorp</h3>

<a href="/developers/deicorp">Deicorp</a> will sign off on the first stage of <a href="/buildings/the-ashford-castle-hill-25-ashford-avenue-castle-hill">Ashford</a>, their Castle Hill apartment development, this year.

Over 70 per cent of the apartments in the first stage have sold.

[smartcode_project:default project_id=112233 project_image_fid=221620]

Deicorp has teamed up architectural practice <a href="/architects/turner-studio">Turner Studio</a> has teamed up to create The Ashford, located within the emerging Showground precinct and just a two-minute walk from the Hills Showground Metro Railway Station.

The larger three-bedroom apartments in The Ashford, priced at just over $1 million, have been attracting both downsizers and families, the latter also attracted to&nbsp;several reputable schools in Castle Hill including Excelsior Public School and Castle Hill High School, both located within one kilometre of The Ashford.

<h2>Project: Astrid Castle Hill</h2>

<h3>Location: Castle Hill</h3>

<h3>Developer: CBD Core</h3>

By early next year, local developer and builder <a href="/builders/cbd-core">CBD Core</a> hopes to welcome residents into <a href="/buildings/astrid-castle-hill-11-15-fishburn-crescent-castle-hill">Astrid</a>, its second apartment development in the Hills Showground Precinct.

Astrid will comprise 94 one, two and three-bedroom apartments with prices ranging from $605,000 to $1.96 million.&nbsp;

[smartcode_project:default project_id=22748 project_image_fid=204929]

CBD Core engaged <a href="/developers/zhinar-architects-pty-ltd">Zhinar Architects</a> to design the modern two-building project, including dual-level penthouses with personal lifts.

Astrid will offer an array of lifestyle amenities, including Astrid Lounge, an exclusive resident-only zone, providing a space for relaxation and productivity, complete with dedicated workstations.

[smartcode_project:default project_id=22748 project_image_fid=204938]

There'll also be a solar roof-powered outdoor workspace cabana with lush landscaping, a heated lap pool and sun deck, commercial outdoor cooking barbecue facilities, and a state-of-the-art gym.

Astrid is just behind their completed apartment development, <a href="/new-apartments/oriel-33-dawes-avenue-castle-hill">Oriel</a>, and only minutes from the Showground Metro station.

Buyers can still purchase a one, two or three-bedroom apartment in Astrid, with prices starting from $605,000.&nbsp;

<h2>Project: Heritage Wollongong</h2>

<h3>Location: Wollongong</h3>

<h3>Developer: Modco Constructions</h3>

Three gold star iCIRT-rated builder developer <a href="/developers/modco-constructions">Modco Constructions</a> is on track to complete the construction of <a href="/buildings/heritage-37-virginia-street-north-wollongong">Heritage</a> at North Wollongong.

Designed by <a href="/architects/prd-architects">PRD Architects</a>, Heritage comprises 22 apartments and penthouses in one, two, and three-bedroom configurations across a five-level building.

[smartcode_project:default project_id=142643 project_image_fid=232376]

Nestled within the meticulously landscaped gardens of Heritage stands an impressive heritage-listed Magnolia tree. This majestic tree seamlessly complements the sophisticated coastal ambience of the apartment interiors.

The designer apartments enjoy a free-flowing design and hardwood European oak flooring throughout. Expansive outdoor terraces flood the home with abundant natural light, extending the living spaces and providing a tranquil streetscape backdrop for alfresco gatherings and dining.

[smartcode_project:default project_id=142643 project_image_fid=236236]

Heritage is at a level 500 metre stroll to North Beach, cafes, and restaurants.

Homeowners can anticipate a swift move-in by early next year.

<h2>Project: Downtown Zetland</h2>

<h3>Location: Zetland</h3>

<h3>Developer: Deicorp</h3>

Deicorp's highly anticipated <a href="/buildings/downtown-zetland-106-116-epsom-road-zetland">Downtown</a> <a href="/developments/zetland-nsw-2017">Zetland</a> project is rapidly taking shape, with recent construction updates revealing significant milestones on Buildings A and B.

Andrew Coleman, Deicorp's Construction and Development Executive, said Building A's entire concrete superstructure will be completed this month, with works across the other buildings progressing well. &nbsp;

"Concrete structure works have been topped out, up to the roof level, on Building B," Coleman said.

“External face brickwork and installation of windows has advanced up to Levels 5 and 6. Finishing trades are now preparing to commence on the ground floor and lift lobby areas.”

Residential storage cages and high-level drainage systems are fitted to all basement car parking areas.

[smartcode_project:default project_id=7106 project_image_fid=239172]

Downtown boasts four distinct buildings crafted by renowned architects MHNDU and BVN Architects, offering 546 one, two and three-bedroom apartments upon completion.

There are now just a handful of apartment left to sell after strong demand from both owner-occupiers and investors.

<h2>Project: Watervue Newcastle</h2>

<h3>Location: Newcastle West</h3>

<h3>Developer: Next Level Seven Pty Ltd</h3>

<a href="/new-apartments/newcastle-nsw">Newcastle</a> and <a href="/new-apartments/belmont-nsw-2280">Lake Macquarie</a> apartment developer, <a href="/developers/next-level-seven-pty-ltd">Next Level Seven</a>, aims for a less than a year build on their rare Newcastle development at 10 Street, dubbed <a href="/new-apartments/watervue-newcastle-10-steel-street-newcastle-nsw-2302">Watervue</a>.

Watervue comprises 106 apartments spread across a 19-level tower that offers panoramic views of the city and the harbour.&nbsp;

Designed by <a href="/architects/stewart-architecture">Stewart Architecture</a>, prospective homeowners can select from various apartment options, including one-bedroom, one-bedroom plus study, two-bedroom, three-bedroom configurations, and two luxury penthouses. Serviced by three lifts, each floor accommodates a maximum of seven apartments.&nbsp;

<img alt="The top 10 apartment developments completing across Sydney in 2024" data-entity-type="file" data-entity-uuid="0ae597ec-6513-425e-aec3-5986b678b356" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Watervue%20Newcastle.png?VersionId=RN3gg6l0NQzZbXEdevX2LfR3Yi8Ff2tQ" />

Situated just one block from Newcastle’s harbour, apartments from level 12 and above offer uninterrupted views of the busy working waterway.&nbsp;

Lower levels provide view corridors to the harbour, overlooking Watervue’s private swimming pool, with its beach area and landscaped surrounds.

Exclusive upgrade packages are available for all apartments, including appliance upgrades, heated bathroom floors and towel rails, ceiling fans, and power outlets in car spaces.&nbsp;

Secure parking is provided for all apartments, with each car space having a storage cage.

<img alt="The top 10 apartment developments completing across Sydney in 2024" data-entity-type="file" data-entity-uuid="234c7d30-15a6-4f84-a9a3-0e90b1d44581" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Watervue.png?VersionId=vjm.HWGLwZjfuQ3GWGGRDMcgeS_tInXA" />

On the four-level podium, residents can socialise in the residents’ lounge or take advantage of the well-equipped business hub.&nbsp;

Residents can pick herbs from the lush edible garden on the podium rooftop, get together on the pool deck or dip in the 25-metre heated lap pool.

Next Level Seven appointed builder <a href="/builders/bloc">Bloc Constructions</a> to build Watervue, with an estimated completion date in September 2024.

<h2>Project: Splendour</h2>

<h3>Location: Bellevue Hill</h3>

<h3>Developer: Denwol</h3>

Prominent Sydney developer <a href="/developers/denwol-group">Denwol</a> is approaching the completion of its <a href="/new-apartments/bellevue-hill-nsw-2023">Bellevue Hill</a> boutique apartment development, Splendour, hovering over the 15-hectare Cooper Park on Victoria Road.

Following the recent release of the final few apartments, builder <a href="/builders/growthbuilt">Growthbuilt</a> is expected to complete construction in the first quarter of 2024.

<a href="/buildings/splendour-bellevue-hill-206d-victoria-road-bellevue-hill">Splendour</a> comprises 25 two, three and four-bedroom apartments designed to take in as much nature as possible by <a href="/architects/up-architects">UP Architects</a>.

<img alt="Top 10 Sydney apartment developments completing in 2024" data-entity-type="file" data-entity-uuid="e7b9c1e4-752e-402b-b359-965f97ebf1f1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Splendour%20Bellevue%20Hill%20Interior.jpg?VersionId=wGNcoDfEM_9k9vIP3L2HbbGOvZHGq.S1" />

The apartments boast spacious living areas with elegant timber floorboards leading to full-width glass sliding doors, opening onto a generous terrace with panoramic views of Cooper Park's tree canopy, the Sydney City skyline, Harbour Bridge, and Opera House.

Homeowners can choose from two colour schemes to customise their home: the uplifting Dawn or the evocative Dusk.&nbsp;

Splendour also includes an innovative, flexible room for additional living space.

Outside, the residents will enjoy a communal Secret Garden landscaped by Sturt Nobel Associates.

<img alt="The top 10 apartment developments completing across Sydney in 2024" data-entity-type="file" data-entity-uuid="98d7a798-82f5-4b53-9081-0ac6c9c56be9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Splendour%20Bellevue%20Hill.png?VersionId=Mcpr0fjb41gtE5RMRkACQqvY1ZYvW8He" />

Sitting majestically on the clifftop and forming a botanical escarpment, the Secret Garden features a diverse botanical array and ornamental water features on the manicured lawns.

Situated at 206D Victoria Road, Splendour enjoys a prime position near Bellevue Hill Village, Westfield <a href="/new-apartments/bondi-junction-nsw-2022">Bondi Junction</a>, medical facilities, public transport, and prestigious schools.

<h2>Project: Koyo Crows Nest</h2>

<h3>Location: Crows Nest</h3>

<h3>Developer: Abadeen Group</h3>

Sydney's Lower North Shore is soon home to a new architectural masterpiece, with <a href="/developers/abadeen-group">Abadeen Group</a> engaging renowned architect <a href="/architects/koichi-takada-architects">Koichi Takada</a> to design their latest project, <a href="/new-apartments/koyo-crows-nest-1-11-rodborough-avenue-crows-nest">Koyo</a>.

Koyo comprises 27 predominantly three-bedroom apartments in a cul-de-sac setting in the heart of <a href="/new-apartments/crows-nest-nsw-2065">Crows Nest</a>, aimed towards the downsizer market with luxury finishes and extensive local amenities within walking distance.

[smartcode_project:default project_id=108800 project_image_fid=179485]

Inspired by the vibrant colours of autumn, Koyo embodies Takada's philosophy of simplicity, expressive materials, and organic forms, both inside and out.

The gently curved façades draw inspiration from the nearby harbour bays, blending Koyo with the natural surroundings.&nbsp;

[smartcode_project:default project_id=108800 project_image_fid=179484]

Stepping inside, there will be 18 three-bedroom apartments located at each corner of the development to have larger outdoor spaces and seven two-bedroom and two one-bedroom apartments. They all have parking, and a number have an additional study or courtyard.

Abadeen offers buyers to upgrade the apartments with several exclusive options, including adding a built-in bar, a timber-crafted study nook, or a fireplace in the living room.

mikah.m@urban.com.au

The top 10 off the plan apartment developments completing across Sydney in 2024

UDIA NSW has said it remains highly concerned about the state of housing in NSW following the recent building approvals update from the ABS.

Approvals reported across NSW for the 12 months to November 2023 sat at 46,500, the lowest rolling annual total seen in the state since October 2013. 
&nbsp; 
These decade-low approvals come at a time when our nation is looking to reverse course on our housing crisis and embark on our most ambitious nationwide housing program ever. In 2023, the NSW Government committed to deliver 377,000 homes over five years as part of the National Housing Accord, commencing in June 2024, now less than 6 months away. 
&nbsp; 
UDIA analysis shows that due to the time needed to go from approval to final completion, NSW needs on average, 92,000 new approvals per annum over the next 5 years to underpin our annual housing targets. This monumental uptick in approvals needs to begin now, however today’s announcement by the ABS is sobering news.&nbsp;

The graph below shows the steep increase needed in approvals for new houses to be built within the Accord period.

<img alt="Decade-Low approvals show we are yet to turn the corner on NSW Housing Crisis" data-entity-type="file" data-entity-uuid="5b20b8d1-caf8-4719-b81a-04bae1c63417" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/NSW%20Forecast%20vs%20Accord%20Targets.png?VersionId=RsY_ObT5CJqjKGsbAx29qHsL2LoqFbl2" />

Worryingly, today’s results also show declining approval numbers are not limited to a particular housing type – detached house approvals have now declined for 24th consecutive months, to a near decade low of 22,300.

Medium density approvals also hit a three-year low of 10,400, while apartment approvals, despite increasing slightly to 13,900, remain 63% below their peak, a peak which would need to be replicated and exceeded if we are to reach our targets under the Housing Accord. 
&nbsp; 
“While the NSW Government finished 2023 with a series of positive policy reforms to increase housing supply, today’s numbers show we are falling further behind, &nbsp;before the National Housing Accord even starts,” said Gavin Melvin, UDIA NSW A/CEO. 
&nbsp; 
“Today’s figures create an added sense of urgency that each of the Government’s announced new policies will be implemented successfully and delivered in full. These figures show we have no time to waste and that initiatives which can commence now, such as the affordable housing bonus, should do so allowing development applications to be submitted, approvals to flow, and new homes to be built sooner," Melvin said.

"Decade-low approvals show we are yet to turn the corner on NSW Housing Crisis": UDIA

Locals of Lake Cathie, the small waterfront town on the Mid North Coast, are expected to jump at the opportunity to secure an apartment in&nbsp;The Pacific at Catarina Beachfront Estate.

There's been no opportunity previously to buy brand new in the suburb.&nbsp;In fact of the 2,000 dwellings in Lake Cathie, only 60 are apartments, according to CoreLogic data.

The majority of the buyers are expected to be downsizers, given over 50 per cent of the popular are over 55, and the majority of those over 70, the latest ABS Census Data shows.

Developer Justice Fox Property Group recently released the project, near Middle Rock Beach, to the market. It comprises just 41 two and three-bedroom apartments including four penthouses.

[smartcode_project:default project_id=141793 project_image_fid=220420]

The Pacific is the first release at Catarina Estate – the foundation of what will become a vibrant beachside community.

The Pacific responds to its unique location in one of Lake Cathie's relatively untouched enclaves with a design that is meticulous, considered and engaging.

The architects ELK Architecture have embraced light and the ocean as design elements, interpreting its many moods as the seasons change.

[smartcode_project:default project_id=141793 project_image_fid=220425]

The kitchens feature 40mm stone benchtops and Travertine tiles, while the bathrooms and ensuites feature premium fittings and free-standing tubs. Every apartment opens to expansive outdoor terraces.

"The Pacific’s residences, and indeed the entire Catarina Estate, are designed for their owners to extract the very essence of beauty from this remarkable part of the NSW Central North Coastline," ELK Architecture Director Daniel Hadley says.

"Our goal was to intrinsically link the flow and curve of the built form to the natural."

The sprawling penthouses range in size up to 339 sqm of internal and external living spaces.

[smartcode_project:default project_id=141793 project_image_fid=232539]

The Pacific is the most prominent of the 16 buildings planned for Catarina Estate.

There's a future retail precinct planned with cafes, shops, and hospitality venues, as well as conference facilities, a function centre, a pub and a gym.

Lake Cathie is located on the Mid North Coast, around 15-minutes from Port Macquarie.

Developer Justice Fox Property Group have extensive experience developing by the water. They've previously completed projects in Eden on the NSW South Coast and Gerroa near Kiama.

[smartcode_project_cta:default project_id=141793]

Why Lake Cathie The Pacific presents the first opportunity to downsize in the suburb

Billionaire Canva founders Melanie Perkins and Cliff Obrecht are set to redevelop their significant Surry Hills HQ on Kippax Street.

In late 2022 they spent $123.25 million on a nine-level building on Kippax Street, opposite News Corp's Sydney base and a stone's throw from Central Station.

Now they've commissioned COX Architecture to complete a $56 million redevelopment of the office building which COX says will offer a "benchmark model in the reuse and rejuvenation of an existing tired commercial building."

<img alt="Canva" data-entity-type="file" data-entity-uuid="04a2dded-b622-42b2-b8f1-af1ee4353d83" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-12%20at%209.16.17%20am.png?VersionId=b9t9GpRI1nVSv3eFnKNmMr8bGGxLyei9" />

COX said in their Design Report submitted to the City of Sydney Council that innovation and creativity are at the heart of Canva’s DNA.

"It’s something they’ve always championed when empowering their team to do the best work of their lives. This DNA has translated into their current workplace winning them the coveted prize of Best Workplace for Innovators on the Fast Company’s 2023 list.

"This global best accolade is the benchmark for their project at 8-24 Kippax Street. It will be a workplace imbued with the good vibes of Canva. The conceptual narrative for the building is to create a place that fosters a virtuous cycle of growth and culture. The culture will inform the place and the place will support the culture."

<img alt="Canva" data-entity-type="file" data-entity-uuid="03f8792a-ca9a-4c59-86ac-863667a9b602" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-12%20at%209.20.07%20am.png?VersionId=LzSacty9b6nIIeHa5_yVYzVprCIJUpni" />

The existing nine-level building facade will be redesigned, while there will be one level added to incorporate a new rooftop and terrace which&nbsp;COX says will offer&nbsp;Canva the opportunity to gather, connect and celebrate their unique ‘vibe’ with employees, collaborators and guests.

"In keeping with Canva`s aspirations of being a “Force for Good”, and the principle to “do more with less”, the proposed rooftop additions maintain as much of the existing building as possible and only makes pragmatic interventions where it improves functional planning or sustainability initiatives, such as introducing natural light.

"The proposed additions will offer a benchmark model in the re-use and rejuvenation of an existing tired commercial building."

Also part of the plans are to remove the ground and underground parking levels and add a new cafe on the ground floor and a gym, studio, and a community space on the lower ground level. Canva will also commission a mural on the eastern facade given the extended building height.

<img alt="Canva" data-entity-type="file" data-entity-uuid="a1cc3509-62da-447f-966c-afa13839bddb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-12%20at%209.33.15%20am.png?VersionId=0aVmlb1FuO1E2.Bg78Y5osjWzSITIx0x" />

Perkins and Obrecht founded Canva when studying in Western Australia in 2013. Last year Perkins became Australia's youngest billionaire at 36 years old. Her and Obrecht's joint net worth around $10 billion, according to The Australian's latest The List Richest 250.

It was reported last week early investors and employees at Canva will sell around $1.5 billion worth of stock. The company is estimated to be worth around $40 billion.

First look exclusive: Canva's $120 million Surry Hills HQ to get $56 million redevelopment

The Eastern Suburbs is the most expensive real estate region in Australia. Even with the prices that puts it as expensive as anywhere in the world, it is always in demand.

Harbourside tends to command the largest prices given there are waterfront homes with direct access to the harbour, and of course a number of homes with views of the Harbour Bridge or the Sydney Opera House.

The beach still does pretty well, in both the house and apartment market.

Given the heightened cost of land in the Eastern Suburbs, few developers can put their mark on any of the suburbs. But when they can, they know they'll attract buyers due to the limited supply of new property.

We've cast our eyes over the new developments expected to hit the Eastern Suburbs market in 2024.

<h2>Project: Bronte Collection</h2>

<h3>Location: 122-128 Hewlett Street, Bronte NSW 2024</h3>

<h3>Developer: Fortis</h3>

Having secured development approval from the Waverley Council for the <a href="/new-apartments/bronte-collection-122-128-hewlett-street-bronte">Bronte Collection</a>, Fortis plans to both launch the luxury project and start construction in 2024.

The Bronte Collection comprises just nine freestanding homes on Hewlett Street near Bronte Beach.

The project is designed by <a href="/builders/mhn-design-union">MHN Design Union</a>, in collaboration with interior architects Alexander &amp; CO. and <a href="/interior-designers/lawless-and-meyerson">Lawless &amp; Meyerson</a>&nbsp;and&nbsp;landscaping by Wyer &amp; Co.

Each of the nine homes will offer views of Bronte Beach and include spacious living, entertaining, and outdoor areas.&nbsp;

<img alt="Bronte" data-entity-type="file" data-entity-uuid="3c0d2c3c-6384-4d1e-a6b1-97e99776a2eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%207.52.38%20pm.png?VersionId=qTNaY31fqHUxDMh01.pZC3pFN7n8CRBe" />

The residences will feature private dual garages with EV charging provisions, private pools, outdoor showers, and individual lifts. Some of the homes will also have state-of-the-art gyms and saunas.&nbsp;

Following the success of the <a href="/new-apartments/the-woollahra-collection-2a-james-street-woollahra">Woollahra Collection</a>, Fortis expects strong demand for the Bronte Collection, with an expected end value of $134 million.&nbsp;

<h2>Location: 20-22 Sandridge Street, Bondi Beach</h2>

<h3>Developer: Central Element</h3>

Busy developer&nbsp;<a href="/developers/central-element">Central Element</a> will create something of which <a href="/developments/bondi-beach-nsw-2026">Bondi Beach</a> hasn't seen before after securing a 2,000 sqm site for <a href="/news/nsw/central-element-secure-prized-bondi-beach-site-for-new-apartment-development">$51 million late last year.</a>

The prime site, across 20-22 Sandridge Street and 21 Wilga Street, an amalgamation of six properties across three lots which had been years in the making, is set to home just a handful of&nbsp;ultra-premium apartments and houses on the site, with prices expected to start from $20 million.

<img alt="Central Element" data-entity-type="file" data-entity-uuid="33a66c40-54d7-4db8-891b-203f827d599d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%207.57.11%20pm.png?VersionId=aaq3vt7EeuWzkUmtCkMFQJlOVUUTq_qP" />

Speaking to Central Element CEO Nathan Chivas last year, he said setting&nbsp;new benchmarks in property development has been in Central Element’s DNA for decades.

"It was something my father always did in his development days," Chivas says. "Since founding&nbsp;<a href="/developers/central-element">Central Element</a>&nbsp;in 2011, we've continued to evolve every year we've operated, and now we're moving into what we're calling the 'ultra-luxury phase'."

Chivas says they only want to develop in the best locations. But with that, you need to create an A-grade product.

“If you find a location and create A-grade product that matches that location, then you know you’ll have strong demand no matter where the property cycle is at,” Chivas says.

"In this end of the market, you really need to bring a story to life, whether it's through brining in heritage or other luxury design elements. Ultimately these types of developments need to be a cut above the rest. They need to be more than an apartment in a great location. The money demanded by these projects, and the buyers of the projects, demand nothing less. That extra layer of detailed design and amenity is warranted for locations like Coogee and Bondi."

Read more:&nbsp;<a href="/news/nsw/the-story-behind-central-elements-push-for-ultra-luxury-in-sydneys-best-suburbs-five-minutes-with-managing-director-nathan-chivas">The story behind Central Element's push for ultra-luxury in Sydney's best suburbs: Five minutes with Managing Director Nathan Chivas</a>

<h2>Project: Ballamac House</h2>

<h3>Location: 39 Arcadia Street, Coogee NSW 2034</h3>

<h3>Developer: Central Element</h3>

Central Element's other landmark project set for 2024 is&nbsp;<a href="/new-apartments/ballamac-house-39-arcadia-street-coogee">Ballamac House</a>, a historic 1860s landmark in <a href="/new-apartments/coogee-nsw-2034">Coogee</a>&nbsp;which they intend to restore and redevelop.

The project involves transforming the heritage Victorian house into eight luxury apartments designed by <a href="/architects/tonkin-zulaikha-greer-architects">Tonkin Zulaikha Greer</a>.

The development will comprise two buildings, with the heritage Victorian house housing two of the eight apartments and the other six situated in a new contemporary building to the east.

<img alt="Ballamac House" data-entity-type="file" data-entity-uuid="640c352d-3912-4cb3-ab3e-01f023f64ee2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%208.06.31%20pm.png?VersionId=iQlnq_SXZ7XY1jary2BziFO.E4Z2gtla" />

The residences, spread across four stories, will each have three bedrooms. The penthouse, boasting panoramic ocean views, includes extravagant interiors, a wrap-around entertaining terrace, a second entertaining terrace on the first level, a butler's pantry, and floor-to-ceiling glazing to maximise views.

The conservation efforts include retaining external and internal walls, fireplaces, mantel pieces, and decorative ceilings, and reconstructing the wrap-around verandah. Central Element aims to fuse old and new, bringing the estate into a new era of luxury.

Future residents will have access to communal outdoor areas, lush green gardens, and a magnesium pool.

<h2>Project: The Chimes</h2>

<h3>Location: 45-53 Macleay Street, Potts Point NSW 2011</h3>

<h3>Developer: Time &amp; Place</h3>

Potts Point has long been the most high density harbourside suburb in the east. It's another suburb which is now only likely to see boutique developments given most land large enough for a new high-rise is already occupied by an old one.

The exception to this is The Chimes building, a&nbsp;mid-20th-century building, designed by architect Hugo Stossel. The Macleay Street building has been in the crosshairs of Melbourne developer Time &amp; Place for a number of years.

<img alt="macleay St" data-entity-type="file" data-entity-uuid="acdb6eda-6eb0-474d-8bb9-71476a59682a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%208.36.44%20pm.png?VersionId=_jbVRN9BQyPWQQsp4_4AXFaKpVURi3gQ" />

Time &amp; Place has been slowly but surely buying out apartment owners since 2020, when it was reported they essentially bid $85 million for the whole building.

Last year they lodged concept plans with the City of Sydney Council for a new SJB-designed building with 45 apartments.

The existing building contains 80 studio apartments, and the redevelopment aims to offer a mix of one, two, and three-bedroom apartments, ranging in size from 50 sqm to 270 sqm for half-floor apartments.&nbsp;

The new development will include ground-floor retail along Macleay Street. The plans include features such as private rooftop terraces with a barbecue area and plunge pool for the two penthouses.&nbsp;

<img alt="Macleay" data-entity-type="file" data-entity-uuid="f18ddff2-96b7-441a-88a5-887eba31ee6f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%208.36.32%20pm.png?VersionId=Ox9QlWVyW7mLwA1kg.BfyiELVHq8zH3o" />

Residential amenities, including a lap pool and open space, will be located on the ground level behind the retail spaces.&nbsp;

There's likely still much more work to do at The Chimes before the project is launched, but no doubt more information will be released as to whether Time &amp; Place have been successful in getting their project.

Read more:&nbsp;<a href="/news/nsw/exclusive-first-look-time-place-lodge-potts-point-apartment-plans">Exclusive first look: Time &amp; Place lodge Potts Point apartment plans</a>

<h2>Location: 117 Victoria Street, Potts Point</h2>

<h3>Developer: Ceerose</h3>

Renowned architect <a href="/architects/koichi-takada-architects">Koichi Takada</a> is set to make his first mark in the high-end harbourside enclave, putting plans together for&nbsp;<a href="/builders/ceerose">Ceerose</a>&nbsp;on Victoria Street.

The proposed $19.58 million, 10-level building is designed to blend with the historic streetscape while providing a contemporary addition to Victoria Street.

Ceerose acquired the A-Grade site last year, which currently houses an original apartment block with 45 units that will be demolished for the new development.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="18962255-19c0-45b3-a0e4-41f9ca68386d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%208.07.58%20pm.png?VersionId=T9Q8I5Baeu8_0S2PYEE5ojrFnKJKWeMT" />

The development will consist of two, three, and four-bedroom apartments, some spanning two levels.&nbsp;

Two-bedroom apartments start from 110 sqm, and there will be a variety of configurations, including apartments with plunge pools on their balconies.&nbsp;

The building will have 26 parking spaces, including four for visitors.

Read more:&nbsp;<a href="/news/nsw/first-look-ceerose-and-koichi-takada-to-create-new-potts-point-apartment-development-on-victoria-street">First look: Ceerose and Koichi Takada to create new Potts Point apartment development on Victoria Street</a>

<h2>Location: 10 Onslow Avenue and 21C Billyard Avenue, Elizabeth Bay</h2>

<h3>Developer: Fortis</h3>

Prominent developer Fortis filed for its first project in Potts Point's neighbouring Elizabeth Bay last year and will likely launch this year, pending approvals.

The development will be located on an amalgamated 1,464 sqm block across 10 Onslow Avenue and 21C Billyard Avenue, comprising two <a href="/architects/smart-design-studio">Smart Design Studio</a>-designed buildings that will house 22 apartments.&nbsp;

The $23.25 million project involves demolishing two early 1970s freestanding flat buildings to make way for the new development.

<img alt="Fortis Elizabeth Bay" data-entity-type="file" data-entity-uuid="93953a66-2e59-4f1a-a095-710b1d762137" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%208.40.08%20pm.png?VersionId=oDUOYdHn34qcHXyQVGxTPyYZbhcJx.lQ" />

The proposed buildings include three two-bedroom apartments, 18 three-bedroom units, and a sole four-bedroom apartment spanning 279 sqm.&nbsp;

The private rooftop terraces for the penthouses will feature barbecue and lounge areas, as well as private pools.&nbsp;

The development will provide 27 parking spaces for the 22 residences, with eight spaces equipped with EV charging and the other 19 designed with the provision to add EV charging at a later date.

Read more:&nbsp;<a href="/news/nsw/fortis-file-regency-house-elizabeth-bay-apartment-development-plans">Fortis file Elizabeth Bay apartment development plans</a>

<h2>Location: 4-4A Barncleuth Square, Elizabeth Bay</h2>

<h3>Developer: Toohey Miller</h3>

Developer <a href="/developers/toohey-miller">Toohey Miller</a> is set to continue to make its mark in Elizabeth Bay following the success of its debut apartment development, No.1 Onslow Avenue.

Having quickly sold three out of the five full-floor apartments in the luxury project with prices ranging from $8.25 million to $13 million, the Nick Couloumbis-led developer will no doubt be looking to their nearby project to launch.

There's nine apartments planned for the site at 4-4A Barncleuth Square,&nbsp;currently occupied by a mid-1960s building with over 20 apartments.

<img alt="Toohey" data-entity-type="file" data-entity-uuid="982acffb-1203-407b-87a1-5e4ab0c10a4f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%208.46.24%20pm.png?VersionId=7pVKUZnn.RdLvfX6HWnEGeptk.X_fhxu" />

The design by SJB aims to complement the Art Deco architecture prevalent in the area, echoing the forms and styles of the neighbouring buildings.

The proposed building will consist of nine apartments, with the majority being three-bedroom units spanning 137 sqm internally.&nbsp;

The penthouse, located on the top level, will feature four bedrooms and 284 sqm of space, along with a private rooftop terrace equipped with a spa.

Sustainability features are also incorporated into the project, including a green roof to reduce building energy, cross-ventilation for all apartments, and the use of locally sourced bricks from Australian manufacturers, considered a more sustainable option compared to standard concrete facades.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-toohey-miller-file-for-elizabeth-bay-apartments">First look exclusive: Toohey Miller file for Elizabeth Bay apartments</a>

<h2>Location: 138 Maroubra Road, Maroubra</h2>

<h3>Developer: Lindsay Bennelong</h3>

<a href="/developers/lindsay-bennelong-developments">Lindsay Bennelong</a>, headed by <a href="/builders/clarendon-homes">Clarendon Homes</a> Founder Peter Campbell, is heading to the Eastern Suburbs with plans for a mixed-use development at 138 Maroubra Road in the Eastern Suburbs of Sydney.

The developer has filed for a nine-level building on the 1,512 sqm site, which was secured in 2022. The project aims to demolish the existing office building and replace it with a structure offering a mix of retail, commercial, and residential spaces.

The proposed <a href="/architects/djrd-architects">DJRD Architects</a>-designed building will feature 57 apartments, ranging from one to four bedrooms.&nbsp;

The ground level will include two retail spaces, and the first level will host a commercial office space surrounded by a landscaped outdoor area.&nbsp;

The apartment sizes vary, with one-bedroom units ranging from 51 sqm to 62 sqm, two-bedroom units starting from 86 sqm and reaching 99 sqm, and three-bedroom apartments ranging from 105 sqm to 149 sqm.&nbsp;

There is also a sole four-bedroom apartment with over 150 sqm of living space.

Outdoor breakout spaces for residents are planned on different levels, including an outdoor kid's play area and an outdoor gym on level two.&nbsp;

Level eight will also feature two outdoor spaces with barbecue and kitchen areas, communal dining spaces, and community garden planters.

<h2>Project: Coast Little Bay</h2>

<h3>Location: 11 Jennifer Street, Little Bay</h3>

<h3>Developer: Urban Property Group</h3>

Prominent Sydney developer <a href="/builders/urban-property-group">Urban Property Group</a> will be launching their first Eastern Suburbs project this year, at the southern tip in Little Bay.

The project, <a href="/new-apartments/jennifer-street-little-bay">Coast Little Bay</a>, will comprise three four-level buildings on over a hectare of bushland at 11 Jennifer Street. They will home 75 one, two, and three-bedroom apartments. The development plan also includes shared basement parking for 117 vehicles.

[smartcode_project:default project_id=112343 project_image_fid=210130]

The project designed by Hill&nbsp;<a href="/architects/hill-thalis-architecture-urban-projects-pty-ltd" target="">Thalis</a>&nbsp;Architecture adopts the&nbsp;<a href="/new-apartments/the-courtyard-832-doncaster-road-doncaster" target="">courtyard apartment</a>&nbsp;type, which Hill&nbsp;<a href="/architects/hill-thalis-architecture-urban-projects-pty-ltd" target="">Thalis</a>&nbsp;founding principal Philip&nbsp;<a href="/architects/hill-thalis-architecture-urban-projects-pty-ltd" target="">Thalis</a>&nbsp;says is puzzlingly rare in Australian cities, despite its suitability to the climate and long architectural traditions of sociability.

Read more:&nbsp;<a href="/news/nsw/exclusive-first-look-urban-property-group-reveal-little-bay-apartments-project">Exclusive first look: Urban Property Group reveal Little Bay apartments project</a>

The top off the plan apartment developments to look out for in Sydney's Eastern Suburbs in 2024

Sydney's northern suburbs, anything from north of the Harbour Bridge, saw a number of development applications filed in 2023 and late 2022.

Most of the developers will hope to get approval in a timely manner given the scarcity of supply in the harbour capital driving transactions.

We've had a look at the most exciting projects which are expected to launch in 2024, if not early 2025.

<h2>Location: 184b-190 Kurraba Road, Kurraba Point</h2>

<h3>Developer: PB &amp; Co</h3>

<a href="/new-apartments/melbourne-vic">Melbourne</a>-based developer&nbsp;<a href="/developers/pb-co">PB &amp; Co</a>&nbsp;is marking their first venture in&nbsp;<a href="/new-apartments/sydney-nsw">Sydney</a>&nbsp;with a striking development in one of Sydney's most affluent areas.

They spent $60 million on a&nbsp;<a href="/new-apartments/kurraba-point-nsw-2089">Kurraba Point</a>&nbsp;site where they will be developing a&nbsp;highly sustainable and innovative luxury residential project in collaboration with&nbsp;<a href="/architects/koichi-takada-architects">Koichi Takada Architects</a>.

The 4,200 sqm block will be home to four different residential buildings, including six luxury apartments on the street side of the block and four dual occupancy residences closer to the water.&nbsp;

The luxury apartments will offer various amenities, such as dedicated wine rooms, butler's pantries, multi-purpose rooms, and water-facing balconies. The dual occupancy buildings will include private rooftops with plunge pools and outdoor barbecue kitchens.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" 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/184b-190%20Kurraba%20Road%2C%20Kurraba%20Point.png?VersionId=_2oECkfkEyn86ROhBJVaPhKtRtETFcU3" />

The project aims to achieve a 6-star Green Star rating with a focus on sustainability and a zero-carbon lifestyle.

Key sustainable features of the project include passive design strategies, rooftop solar farms, an underground geothermal energy system, rainwater collection for irrigation, building management systems for performance optimization, integrated shading structures, and the use of local, sustainable materials.&nbsp;

The development is intended to be carbon neutral not only in design but also in operations.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-pb-co-reveal-koichi-takada-plans-for-one-of-a-kind-kurraba-point-development">First look exclusive: PB &amp; Co reveal Koichi Takada plans for "one-of-a-kind" Kurraba Point development</a>

<h2>&nbsp;Location: 617-621 Pacific Highway, St Leonards</h2>

<h3>Developer: Anson Group&nbsp;</h3>

St Leonards has been a hive of activity for apartment developers in recent years, reflecting the transition from a predominantly commercial area to a more mixed-use and residential environment.

<a href="/developers/anson-group">Anson Group</a>&nbsp;recently submitted <a href="/news/nsw/first-look-st-leonards-set-for-tallest-tower-as-anson-group-file-for-mixed-use-development">$187 million plans to build a 50-level tower</a>, making it one of the tallest in the area.&nbsp;

The mixed-use tower is designed by architecture firm&nbsp;<a href="/architects/bvn-architecture">BVN</a>&nbsp;and will consist of 195 apartments above a six-level podium featuring retail and commercial spaces.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" 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/617-621%20Pacific%20Highway%2C%20St%20Leonards.png?VersionId=7f8wIG9YkNc90HATaWy2kjAWGkLOXUBW" />

Over half of the apartments are two-bedroom units, reflecting market preferences for larger living spaces, especially in the post-COVID era when remote work has become more prevalent.

The building will feature a two-level penthouse at the top, referred to as a "multilevel crown," and resident amenities on the 24th level, including a swimming pool, spa, multipurpose room, and outdoor terraces.&nbsp;

The development will also include a new community and arts centre, basement parking for 72 cars, nearly 400 sqm of retail space, and over 2,600 sqm of commercial space.

<h2>Project: The Collective</h2>

<h2>Location: 50-56 Atchison Street, St Leonards</h2>

<h3>Developer: TWT Global</h3>

Property developer&nbsp;<a href="/developers/twt-property-group">TWT Global</a>&nbsp;is expected to launch its highly anticipated $1 billion mixed-use St Leonards development, The Collective.

Last year the developer <a href="/news/nsw/exclusive-twt-global-secure-st-leonards-site-to-expand-1-billion-masterplan-the-collective">spent&nbsp;$35 million on 50-56 Atchison Street</a>, a 1080 sqm site which will be integrated into The Collective which will span&nbsp;nearly 9,500 sqm across multiple suburban blocks with three towers.

<img alt="Top North Sydney developments to look out for in 2024" 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/50-56%20Atchison%20Street%2C%20St%20Leonards.png?VersionId=fE0DIFFDOLRtOS9dz3K.ozbD3ZOxJ7vt" />

TWT Global, who have developed NewLife Darling Harbour and NewLife Bondi Junction, are committed to fostering cultural vibrancy in St Leonards through its Creative Precinct initiative.

Launched in 2014, the Creative Precinct involves the conversion of several commercial buildings into creative spaces, including artist studios, galleries, rehearsal spaces, recording studios, arts business offices, and creative retail.

The initiative has already supported over 800 artists and creative businesses, providing the local creative community with over 4,000 square metres of subsidised space.

<h2>Project: Nelson Place</h2>

<h3>Location: 9-11 Nelson Street, Chatswood NSW 2067</h3>

<h3>Developer: VIMG</h3>

Developer&nbsp;<a href="/developers/vimg">VIMG</a>&nbsp;is expected to push on with its&nbsp;<a href="/developments/chatswood-nsw-2067">Chatswood</a>&nbsp;project, <a href="/new-apartments/nelson-place-9-11-nelson-street-chatswood">Nelson Place</a>.

After collaboration with the&nbsp;<a href="/developments/willoughby-nsw-2068">Willoughby</a>&nbsp;Council and a design competition, VIMG has submitted a development application for two towers comprising&nbsp;193 apartments, down from the initially forecasted 300 apartments for the site.&nbsp;

The two and three-bedroom apartments are reported to be 15 to 20 per cent larger than the minimum guidelines outlined in the Apartment Development Guidelines.

<img alt="Top North Sydney developments to look out for in 2024" 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/Nelson%20Place.png?VersionId=9X41MAysXArdHWHr.xK4cCbZV0gzqzkV" />

The towers, designed by&nbsp;<a href="/architects/dko-architecture">DKO</a>, will rise from a central public plaza with retail and commercial spaces, and landscaping by Land And Form Studios.

Nelson Place includes a landscaped podium roof for residents, featuring outdoor covered yoga and a pool deck positioned to take advantage of the north-facing aspect of the terrace.

The development will be within walking distance of the train station, a large shopping mall, and proximity to high-quality primary and secondary schools.

Read more:&nbsp;<a href="/news/nsw/first-look-vimg-plot-two-tower-chatswood-apartment-development-nelson-place">First look: VIMG plot two-tower Chatswood apartment development, Nelson Place</a>

<h2>Location: 44-52 Anderson Street, Chatswood</h2>

<h3>Developer: Bridgestone Projects</h3>

Sydney developer&nbsp;<a href="/developers/bridgestone-projects">Bridgestone Projects</a>&nbsp;is another looking to change the Chatswood skyline.

They have plans in with council for a plans for a new $90 million apartment development on a 2,687 sqm site at 44-52 Anderson Street.

The proposed project is set to include two towers linked by a green spine and a retail and commercial podium.

Bridgestone is emphasising larger apartment configurations, with only six one-bedroom and 16 two-bedroom apartments planned across the 25-level buildings.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" 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/44-52%20Anderson%20Street%2C%20Chatswood.png?VersionId=ZvdbVhPp5xBzdbgTh1wBAWgeT9F56YTa" />

The majority of the units will be three-bedroom, duplex-style apartments occupying levels eight through 21.&nbsp;

Above level 22, the development will feature large sub-penthouses and penthouses, with the latter having private rooftop gardens.

The ground floor of the development will host 13 retail and commercial spaces along Anderson, O'Brien, and Day Streets, as well as eight townhouse-style apartments across two levels.&nbsp;

A co-working space will occupy part of level one and level two. Resident amenities on the second level will include a swimming pool, vertical community garden, outdoor gym, and barbecue facilities.

The winning design by architecture firm&nbsp;<a href="/architects/make-architecture">MAKE Architecture</a>&nbsp;balances the scale of the towers with the heritage conservation areas.

Read more:&nbsp;<a href="/news/nsw/bridgestone-file-for-two-tower-chatswood-apartment-project">Bridgestone file for two-tower Chatswood apartment project</a>

<h2>Location: 629-639 Pacific Highway, Chatswood</h2>

<h3>Developer: Polytec</h3>

Another for Chatswood, which had a flurry of applications last year when the&nbsp;CBD boundary to the north was expanded which opened up more favourable height limits to zones previously strictly capped.

<a href="/developers/polytec-australia-development-pty-ltd">Polytec Australia Development</a>&nbsp;filed for a 27-story mixed-use tower with 53 apartments on a 1,184 sqm block at 629-637 Pacific Highway, currently occupied by two separate car service and repair businesses.

<img alt="Top North Sydney developments to look out for in 2024" 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/629-639%20Pacific%20Highway%2C%20Chatswood.png?VersionId=49ehWRLkjesNuci1Fb29D5kLOLQCzA7g" />

The tower, designed by&nbsp;<a href="/architects/pbd-architects">PBD Architects</a>, will include ground-floor retail and commercial spaces within the podium levels, sitting above five levels of basement car parking.&nbsp;

The tower will consist of two one-bedroom apartments, 22 two-bedroom apartments, 28 three-bedroom units, and a penthouse with four bedrooms.

Designed by&nbsp;<a href="/architects/pbd-architects" target="">PBD</a>&nbsp;Architects, the floor plates are optimised for solar access and cross-ventilation, with consideration given to neighbouring context and views.

The site is strategically located around 550 metres south of the Chatswood transport interchange and 750 metres from Chatswood's central retail precinct, providing convenient access to metro, rail, and bus services.

Read more:&nbsp;<a href="/news/nsw/first-look-chatswood-off-the-plan-apartment-development-pipeline-ramps-up">First look: Chatswood off the plan apartment development pipeline ramps up</a>

<h2>Location: 8 Wilson Street, Chatswood</h2>

<h3>Developer: Billbergia</h3>

Last one I promise. Prolific developer&nbsp;<a href="/builders/billbergia-construction">Billbergia</a>&nbsp;revealed its first residential development on the North Shore last year, a $170 million mixed-use development in Chatswood.

Billbergia's Development Director Saul Moran said the project's focus was on innovative live-work typologies to address the growing trend of flexible post-COVID working styles and working from home.&nbsp;

The proposed development comprises two slender 27-storey towers with 251 apartments rising above a two-storey commercial podium.

The podium includes a mix of uses such as retail, commercial showrooms, and flexible SOHO (Small Office/Home Office) style live-work offerings, catering to residents who prefer working remotely in a separate, comfortable, and private setting.&nbsp;

<img alt="Top North Sydney developments to look out for in 2024" 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/8%20Wilson%20Street%2C%20Chatswood.png?VersionId=Kc3xdV4yDA0H0GkWAI9Moh917Korv.sa" />

Billbergia anticipates that the live-work design will resonate with the North Shore market, particularly as approximately 40 per cent of Australians now work from home at least part of the week, according to the Australian Bureau of Statistics.

Additionally, a 70-place childcare centre within the podium aims to provide convenience for working parents.&nbsp;

Residents will also have access to communal facilities, including an outdoor swimming pool, landscaped communal areas, and private open rooftop spaces.

The development incorporates landscaped, through-site pedestrian links, forming a cross-shaped laneway connection with retail tenancies and live-work spaces.&nbsp;

The project also places a strong emphasis on sustainability, with features such as rainwater harvesting, thermal buffers in the podium's landscaped areas, rooftop gardens to reduce rainwater runoff and provide insulation, and solar photovoltaic panels on the roof.&nbsp;

Construction is expected to commence in late 2024, subject to development approval.

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>

<h2>Location: 155-159 Herring Road, Macquarie Park</h2>

<h3>Developer: One Global Capital</h3>

Iwan Sunito's&nbsp;<a href="/developers/one-global-capital">One Global Capital</a>&nbsp;will hope to push the button on their Macquarie Park apartment development designed by Japanese architect&nbsp;<a href="/architects/koichi-takada-architects" target="">Koichi Takada</a>.

Contrary to initial discussions of including a hotel, the development will consist of just over 300 apartments across three towers, as well as activated street-level spaces at 7-11 Lachlan Avenue and 157-159 Herring Road in Macquarie Park.&nbsp;

The Macquarie Park site was acquired as the largest collection sale in Australia in 2022.

<img alt="Top North Sydney developments to look out for in 2024" 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/155-159%20Herring%20Road%2C%20Macquarie%20Park.png?VersionId=0_G0YE.M2DpzPO2Vi3bO2DKi47_pwH5S" />

The apartment distribution includes 35 studio apartments, 149 two-bedroom apartments, 60 one-bedroom apartments, and 60 three-bedroom dwellings. The units range in size from 40 sqm studios to 199 sqm split-level, three-bedroom townhouses. The proposal also includes 'Plus' apartments featuring dedicated study spaces, responding to the rising trend of working from home.

The streetscape design aims to create a permeable pedestrian network and an active retail precinct along Herring Road, with Macquarie University railway station approximately 400 metres away.

One of the towers will feature amenities like indoor and outdoor recreation spaces, a swimming pool, play areas for children, barbecue areas, and rooftop gardens.

The development also includes sustainable initiatives such as rooftop solar panels generating 100 kWh of energy for common areas and corridors, high-performance double glazing within apartments, energy-efficient LED lighting, and electric vehicle charging stations.

Read more:&nbsp;<a href="/news/nsw/iwan-sunitos-one-global-capital-set-for-three-tower-macquarie-park-development">Iwan Sunito's One Global Capital set for three-tower Macquarie Park development</a>

<h2>Location: 45 McLaren Street, North Sydney</h2>

<h2>Developers: Podia &amp; CASA</h2>

Prominent Sydney developer Podia will be looking to launch their joint venture North Sydney development in 2024.

Podia and CASA are seeking to&nbsp;develop 71 dwellings, a mix of apartments and townhouses opposite the recently topped out AURA by Aqualand.

<img alt="North Sydney" data-entity-type="file" data-entity-uuid="49a8fead-dd50-4871-9cb1-d88b0bfb7f21" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-15%20at%208.02.51%20pm.png?VersionId=IlIAQ3oOK9ur7YCiEhfEVZixHdh5rjHF" />

The 14-level tower has been cleverly designed by&nbsp;<a href="/architects/bates-smart" target="">Bates Smart</a>&nbsp;and features a striking stepped form which has the building stagger up to it's 14th level, allowing for a number of large terraces on the upper floors.

<a href="/architects/bates-smart" target="">Bates Smart</a>&nbsp;said the vision is&nbsp;for a sustainable, mixed-use building that provides exceptional dwellings which capitalise on the site’s location between North Sydney’s dense and thriving CBD and North Sydney’s Civic Precinct.

&nbsp;

Read more:&nbsp;<a href="/news/nsw/first-look-podia-and-casa-lodge-bates-smart-plans-for-walker-st-north-sydney-mixed-use-tower">First look: Podia and CASA lodge Bates Smart plans for Walker St, North Sydney mixed-use tower</a>

<h1>&nbsp;</h1>

We've got projects to look out for in Kurraba Point, Macquarie Park, St Leonards and Chatswood

The top nine off the plan apartment developments in northern Sydney look out for in 2024

Something you can never change in real estate is location.

Property itself can always be changed, whether it's a knockdown rebuild of a house, or a full renovation of an apartment. One thing that can't be changed is location.

Developer Sitecorp secured a prime spot for its latest <a href="/new-apartments/blacktown-nsw-2148">Blacktown apartment development</a> <a href="/new-apartments/dara-41-43-kildare-road-blacktown">DARA on Kildare Road</a>, conveniently yet quietly set just off Balmoral Street, where Blacktown's Westpoint, one of Blacktown's two major shopping precincts, is located.

[smartcode_project:default project_id=142774 project_image_fid=234286]

Westpoint has over 260 retailers and food and beverage options, with the main retailers including Coles, Woolworth and Aldi, Kmart, Big W and Priceline. One of the HOYTS Xtremescreens is the largest standard cinema screen in the country.

Westpoint is next door to Blacktown Train Station, which will connect DARA residents to the city in under 40 minutes.

Blacktown is also home to Sydney's last remaining Drive in Theatre, the Skyline Drive In, a 10-minute drive from DARA. The site for the theatre is also home to Blacktown Markets every Sunday.

[smartcode_project:default project_id=142774 project_image_fid=244804]

Skyline is also next door to Raging Waters, one of Sydney's top water parks. For more family friendly attraction's there's&nbsp;Featherdale Sydney Wildlife Park and Sydney Premier Karting Parlk, both also within a 10-minute drive from DARA.

Blacktown has a diverse cultural population, which is reflected in the dining scene. There's traditional Burmese food at Sun's Burmese Kitchen to African delights at Gursha Ethiopian Restaurant. Other culinary options include BT Korean barbecue, Radhe Chatpata House for vegetarian Indian, and Blacktown Chopsticks for traditional Chinese fare.

[smartcode_project:default project_id=142774 project_image_fid=234287]

Beyond the retail and culinary scene, residents of Dara will appreciate the proximity to parklands such as The Blacktown Showground and Joseph Frank Park, just a couple of hundred metres from its doorstep.

Designed by Urban Link, Dara comprises <a href="/news/nsw/why-the-latest-blacktown-apartment-development-offers-the-best-value-for-money-in-sydney">67 affordable apartments</a> in one, two, and three-bedroom configurations, including a limited selection of spacious garden apartments featuring expansive private courtyards.

Read more:&nbsp;<a href="/news/nsw/why-the-latest-blacktown-apartment-development-offers-the-best-value-for-money-in-sydney">Why the latest Blacktown apartment development offers the best value for money in Sydney</a>

Dara is currently in the construction phase, with completion anticipated in early 2025.

[smartcode_project_cta:default project_id=142774]

Blacktown's most connected apartment development: How DARA's prime location sets it apart 

Sydney's inner ring suburbs are continuing to gentrify, and with that gentrification comes the want for new apartments.

Last year&nbsp;I remember speaking to Sal Quah, Deputy Managing Director at Melbourne-based developer ICD Property. He said Sydney is like Australia's New York.

"If you've done it [developed] in Sydney, then you've made it," Quah said, admitting that Sydney had always been on the radar for the prolific Melbourne CBD developer.

Indeed Sydney ranks fifth in Knight Frank's Global Prime Residential Forecast for 2024, with five per cent growth predicted ranking the harbour capital ahead of the likes of Miami and Monaco and on par with Madrid and Dubai.

While a number of city-changing projects are underway in the Sydney CBD and the surrounds, we've looked past those and to some major, and some more boutique projects which are likely to be available to purchase in 2024.

<h2>Project: City Tattersalls Club</h2>

<h3>Location: 194-204 Pitt Street, Sydney NSW 2000</h3>

<h3>Developer: ICD Property</h3>

Melbourne-based developer&nbsp;<a href="/developers/icd-property">ICD Property</a>&nbsp;and their joint venture partners, Singapore-listed First Sponsor, will be looking to launch their redevelopment of the <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney">City Tattersall Club</a> this year, having already started construction on the landmark project.

The redevelopment involves the construction of a new 50-level tower above the restored, heritage listed parts of the original building. The tower will home 241 apartments and a high-end hotel with around 110 rooms.

[smartcode_project:default project_id=12428 project_image_fid=152517]

Located in the heart of Pitt Street near Westfield’s entertainment, dining, and shopping precinct, as well as Hyde Park, the residences are expected to offer a prime location with uninterrupted water views, connectivity, amenities, and location.

Read more:&nbsp;<a href="/expert-insights/how-icd-became-the-go-to-development-partner-for-australias-biggest-councils">How ICD became the go-to development partner for Australia's biggest councils</a>

<a href="/builders/richard-crookes-constructions">Richard Crookes Constructions</a> has been appointed as the builder for the redevelopment project.

Project architects <a href="/architects/fjmt">fjmt</a> and <a href="/architects/bvn-architecture">BVN Architecture</a> will work with the builder to deliver guest rooms and residences that pay homage to the site's heritage significance.

The project is expected to support more than 1,600 jobs during the construction phase and create significant long-term economic benefits once completed. Construction completion is expected in 2026.

<h2>Project: Fig &amp; Wattle</h2>

<h2>Location: 14-26 Wattle Street, Pyrmont NSW 2009</h2>

<h2>Developer: Landream</h2>

<a href="/developers/landream">Landream</a>&nbsp;will be looking to advance their plans in Pyrmont for their $330 million, multi-building development, Fig &amp; Wattle.

Landream is set to capitalise on the $750 million Sydney Fish Markets redevelopment at Blackwattle Bay, adjacent from the 12,381 sqm Wattle Street site they bought from the Sydney City Council in 2021.

Sydney-based architecture firm BVN won the design competition, a competition which the City of Sydney Council makes all large-scale developments go through.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-landreams-330-million-mixed-use-pyrmont-plans-revealed">First look exclusive: Landream's $330 million mixed-use Pyrmont plans revealed</a>

The development will comprise five buildings, with four housing a total of 237 apartments, featuring a mix of one, two, and three-bedroom units.

<img alt="Landream" data-entity-type="file" data-entity-uuid="75b09cbe-54a1-4948-bc6b-6246a677c2c5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%208.17.21%20pm.png?VersionId=48WSLqjx6Zmht4Ntecq8ZDykrHhErdVc" />

The fifth building will be dedicated to commercial and office space.

One residential building will include a recreation centre with two multi-purpose indoor courts and a childcare centre.

BVN's design statement emphasises sustainability initiatives, including rainwater storage, rooftop landscaping, natural light, and ventilation for apartments, as well as efficient services like extensive bicycle parking and composting facilities.

<h2>Project: Green Square</h2>

<h2>Location: 960A Bourke Street, Zetland</h2>

<h2>Developer: Mirvac</h2>

<a href="/developers/mirvac">Mirvac</a> will be hoping to launch their next phase of the Green Square redevelopment in <a href="/developments/zetland-nsw-2017">Zetland</a> this year, pending council approvals.

The Green Square redevelopment has been a long-standing collaboration between Mirvac and <a href="/developers/landcom">Landcom</a> since 2012.

Over the past decade, the focus has been on a 13.7-hectare block around the Green Square Train Station, leading to the construction of apartments, food and beverage establishments, a library, and a primary school.

The latest $315 million plans are for&nbsp;three towers, two designed by <a href="/architects/tzannes-architects">Tzannes Architects</a> and one by <a href="/architects/bates-smart">Bates Smart</a>, in collaboration with Mirvac's in-house design team.

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="6b4eab71-5eb5-43e2-a669-eb0f9e0de7d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%208.40.53%20pm.png?VersionId=ioIPz7ikslzKaO8wv4RfqPzNPIb8T30j" />

First look:&nbsp;<a href="/news/nsw/first-look-mirvac-continue-green-square-transformation-with-three-tower-mixed-use-development">First look: Mirvac continue Green Square transformation with three-tower mixed-use development</a>

The amalgamated 3,688 sqm block will flank the Green Square central plaza.

Tzannes designed a 19-level and a 14-level building which will have 124 and 183 apartments respectively, mostly two-bedroom apartments, and a few two and three-bedroom townhouses. They will feature 14 retail spaces at their base.

Meanwhile, the 21-level building designed by Bates Smart will have a further 77 apartments with a mix shifted towards larger owner-occupied dwellings.

Over 1,000 residents have already moved into the precinct, with another three projects, Portman on the Park, The Frederick, and Portman House, <a href="/news/nsw/mirvac-tops-out-three-green-square-apartment-projects">recently topping out</a>.

<h2>Project: One Sydney Park</h2>

<h3>Location: 205-225 Euston Road, Alexandria NSW 2015</h3>

<h3>Developer: HPG Australia</h3>

2024 is likely to be the year&nbsp;<a href="/developers/hpg-australia">HPG Australia</a> relaunch their transformative <a href="/new-apartments/one-sydney-park-215-euston-road-alexandria">One Sydney Park</a> development in <a href="/developments/alexandria-nsw-2015">Alexandria</a>.

The development, which faced launch challenges given it was launched right before the pandemic shut the country down, is set to repurpose a historically significant yet previously underutilised 2.1-hectare former warehousing site within Sydney Park.

One Sydney Park comprises eight low-rise buildings designed to house one, two, and three-bedroom apartments, luxurious penthouses, and terraces.

<img alt="One Sydney Park" data-entity-type="file" data-entity-uuid="f5a4aa37-cdc9-40a0-81cc-fbf801c26eb5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%208.24.08%20pm.png?VersionId=Uu4FDaKRyxnjwwLxnKLAPrZXQv.uj3Ot" />

The project is designed by a string of award-winning architects including&nbsp;<a href="/builders/mhn-design-union">MHN Design Union</a>&nbsp;and Silvester Fuller, in collaboration with renowned international interior firm <a href="/architects/make-architecture">Make Architecture</a>&nbsp;and landscape designers from <a href="/architects/sue-barnsley-design">Sue Barnsley Design</a>.

Most units offer park views and come with private courtyards, with some terraces opening directly onto Sydney Park. There's a series of rooftop terraces with community gardens.

<h2>Project: Farr Street</h2>

<h2>Location: 41-47 Farr Street, Marrickville</h2>

<h2>Developer: Rebel and Braxton</h2>

<a href="/developers/rebel-property-group">Rebel Property Group</a> and <a href="/developers/braxton-capital">Braxton</a> will be launching their recently approved Marrickville project, the first residential development in the newly rezoned Timber Yards Precinct in <a href="/developments/marrickville-nsw-2204">Marrickville</a>.&nbsp;

The PBD-designed project is designed with a focus on owner-occupiers, catering to the needs of the changing and vibrant Marrickville community.

<img alt="Farr st" data-entity-type="file" data-entity-uuid="efe68f88-bb3e-4c04-91e0-f9e4b5c241de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%208.21.22%20pm.png?VersionId=O4GbFGUDtmrwfGF3CCsR1kj6bC31CP0r" />

More than 50 per cent of the residences will be large three-bedroom apartments, targeting young families and older couples looking for modern living options in Marrickville.

The joint venture partners has also acquired the neighbouring 37 Farr Street where they are planning a community pocket park with amenities such as a children's playground, BBQ, seating, and lush landscaping.

Inner Sydney's top five off the plan apartment developments to look out for in 2024 

New developer PERIFA announced itself into the Sydney off the plan development space in 2023 when they revealed plans to redevelop a significant site on Sydney Harbour.

Teaming up with Justin Brown's Abadeen, the joint venture partners will <a href="/news/nsw/perifa-and-abadeen-to-create-putney-waterfront-precinct-putney-wharf-residences">redevelop Putney's historic&nbsp;Halvorsen boatshed site</a> to create a 15,870 sqm lifestyle precinct on the water.

There's nothing new however about <a href="/developers/perifa">PERIFA</a> in terms of its experience in the development industry.

With everything going on at PERIFA, Apartments.com.au CEO Mike Bird caught up with development industry veteran, PERIFA Co-Founder and Managing Director Fabrizio Perilli, to talk about off the plan development in Sydney and the plans for PERIFA.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/MggjpuGJTNs?si=T0Eh4oww6ih7ajYk" title="YouTube video player" width="560"></iframe>

Perilli is the president of the&nbsp;Property Council&nbsp;of Australia's NSW&nbsp;division and Managing Director of PERIFA's parent firm Versatile Group who has been developing and constructing high-end residential developments predominantly across the north shore for a number of years.

The former TOGA CEO says having the construction arm in Versatile&nbsp;brings a lot of confidence to the buyer.

"They know what they're going to get [with this model,"&nbsp;Perilli says.

"We're putting a lot of work in in regards to our schemes and making sure they're buildable, at the right price point, meeting the right quality.

"I really believe in the vertically integrated model and I think it has a massive advantage compared to the third party model."

PERIFA be looking at advancing the plans for the Putney project, dubbed Pier 20, this year. They'll be creating a community with&nbsp;a waterfront dining and commercial precinct within the restored Halvorsen boatshed, two three-level apartment buildings, 18 three-level townhouses, and a 36-berth marina.

<img alt="PERIFA" data-entity-type="file" data-entity-uuid="2157c21f-1c2c-433f-aa97-8fa59d28d2c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-09%20at%2010.48.09%20am.png?VersionId=AuZ2KbdrTI2ruTFLmz9JHGEfaDfV7yrv" />

Perilli says it's one of those iconic projects you only get to do every so often in your career.

"Putney has been a bit of a hidden gem for many years, and the chance you get to redevelop a wharf building into 19 amazing apartments is quite unique. You don't get many chances to do that many times in your life."

Perilli expects the buyer pool to come from a market which is in the proximity of Putney like Hunters Hill and Gladesville.

[smartcode_project_cta:default project_id=13962]

&nbsp;

Michael Bird

How PERIFA's vertically integrated model brings confidence to off the plan apartment buyers: Five minutes with PERIFA Co-Founder Fabrizio Perilli

Given the further interest rate rises in 2023, it was no surprise to anyone that the dominant buyer demographic in the off the plan property market was downsizer.

Not subject to large mortgages given they're selling their longtime family home and looking for something smaller, downsizers are the only buyer camp who doesn't tend to need to look at what moves the RBA are making each month.

It's particularly the case in Sydney where the price of houses has skyrocketed more than any other capital over the last two to three decades. That's put an astronomical amount of money in their pockets which they'd struggle to spend even downsizing to the most luxurious apartment.

We've looked at our data to see which were the most popular suburbs for downsizers on Urban in 2023.

<h2>Castle Hill</h2>

Situated in Sydney's northwest, Castle Hill has emerged as a top pick for both rightsizers and downsizers. The area is being given a facelift with the $1 billion Metro Showground redevelopment and the introduction of the new Sydney Metro, connecting residents to the city in as little as half an hour.

Popular with downsizers who were both buying the penthouse size apartments as well as amalgamating is Grand Reve, the Garthowen Crescent development by luxury home builder turned developer Kassis Homes.

Billed as the most prestigious development in the Hills area, Grand Reve comprises to buildings – one 12 storeys and the other 16 storeys. Kassis were clever in the design phase, developing floorplate which lent themselves to apartment amalgamations should the question be posed.

[smartcode_project:default project_id=94147 project_image_fid=197727]

McGrath Projects Associate Director Adam Sparkes said the majority of the purchasers throughout the whole campaign have been downsizers and rightsizers.

Hills District local Lillian took just a month to decide Grand Reve was where she wanted to downsize to.

"At Grand Reve, I feel as though I’m in a leafy, quiet family suburb but also incredibly close to a mega shopping centre with good retailers, entertainment and restaurants," Lillian says, adding that the metro also being close by is "win-win".

[smartcode_project:default project_id=94147 project_image_fid=197721]

Lillian purchased a three-bedroom apartment, emphasising that the sunshine aspect and the view from the apartment were important features for her.

"Grand Reve has quality, good design and size, and the location is excellent.

"Functionality and design are both important and foremost in my thoughts, being middle-aged, well versed in life experiences, busy and ready for refinement and minimal fuss."

<h2>North Sydney</h2>

Known for its vibrant atmosphere and strategic location, North Sydney remains one of the top favourites for downsizers looking to maintain an urban connection amidst picturesque parks and cultural attractions.

Aura by Aqualand in North Sydney has become the preferred choice for downsizers as the development checks all the essential boxes.

[smartcode_project:default project_id=30959 project_image_fid=202656]

First and foremost, the size and aspects of the apartments at AURA align with the downsizer brief. AURA's oversized apartments exceed the North Sydney Council's minimum building requirements by a large margin.&nbsp;

The standard size for a two-bedroom apartment in the area is 80 sqm, with AURA’s measuring 95 sqm, plus a wintergarden, making them well over 100 sqm in total.

AURA’s design was revised three times to increase the size of the apartments, with the initial plan decreasing from 448 residences to 386.

[smartcode_project:default project_id=30959 project_image_fid=202994]

The location of Aura in North Sydney has been an important driver in purchasers. Being situated in the heart of the city's activities, the development places downsizers amid the happenings.&nbsp;

The convenience of ground-level amenities, including retail and commercial options right at the doorstep, adds a layer of accessibility and ease to daily life.&nbsp;

Additionally, local amenities, such as nearby hospitality establishments, further enhance the appeal. Meanwhile, surrounding transportation hubs ensure downsizers remain well-connected to the broader urban landscape.

[smartcode_project:default project_id=30959 project_image_fid=241200]

<h2>Gosford</h2>

Gosford has long been known as the gateway to the Central Coast. Now it's undergoing a full transformation and is becoming a sought-after suburb in its own right.

Taking advantage of the demand in Gosford is&nbsp;TQM and Ace Property Group, who are joint venture partners on what will soon be one of the area's most striking buildings, The Grand Gosford. The project has proven popular with Central Coast locals who want to sell their family home yet move somewhere where there's a significant lifestyle precinct.

[smartcode_project:default project_id=22753 project_image_fid=210675]

The 18-level tower designed by Kann Finch comprises one, two, and three-bedroom apartments with floor-to-ceiling glass windows, providing panoramic views of the water or the broader Central Coast district. The apartments sit above a podium level which homes a glass-bottomed swimming pool set in&nbsp;extensive landscaping with lounge and dining areas.

[smartcode_project:default project_id=22753 project_image_fid=210684]

Situated towards the southern end of Mann Street, The Grand enjoys convenient Central Coast Highway access and is within 700 metres of Gosford Train Station. This accessibility facilitates an easy commute to the city and exploration of nearby beaches, forest reserves, and beachfront national parks. The project is slated for completion in late 2025.

[smartcode_project:default project_id=22753 project_image_fid=210688]

Gosford's strategic location and connectivity via the Sydney Olympic Park Ferry make it an enticing choice for those seeking a vibrant yet relaxed lifestyle.

<h2>Bondi Junction</h2>

Bondi Junction has been starved of quality downsizer stock to cater for those looking for the connected lifestyle in the Eastern Suburbs. No other eastern suburb is as well connected by transport, with extensive retail and hospitality amenity, as Bondi Junction.

For those reasons, as well as developer Stargate's history in the suburb and the striking designs of SJB, that The Centennial Collection has been a hit with downsizers.

[smartcode_project:default project_id=136076 project_image_fid=212615]

Ray White have been handling the sales of the project on the fringe of Centennial Park, with projects partner Marcello Bo saying he's never seen so much appetite for customisation from downsizers.

Most downsizers have come from the local area, but there's been a number from the North Shore who have seen The Centennial Collection as the best opportunity to buy this level of luxury on the fringe of Sydney's best park.

[smartcode_project:default project_id=136076 project_image_fid=212620]

Positioned on one of the highest points in the eastern suburbs, Centennial Collection features 70 one, two, three and four-bedroom apartments with wrap-around balconies capturing panoramic views of the harbour, city skyline, and Centennial Park.&nbsp;

Described as a "castle high on the hill," The Centennial Collection sets a new benchmark for luxurious interiors and amenities, including two house-sized penthouses with rooftop swimming pools and terraces.

[smartcode_project:default project_id=136076 project_image_fid=212622]

The development's iconic gateway location overlooking Centennial Park and proximity to Woollahra's Queen Street offers an enviable lifestyle with access to hatted restaurants, wine bars, shopping, and schools.&nbsp;The project includes curated ground-level retail, creating a vibrant village setting adding to what Bondi Junction already offers.

Construction for The Centennial Collection is set for completion by the end of 2025.&nbsp;

Downsizers have been looking all over Sydney to find their next home

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