Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

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<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

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<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

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<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a> has announced that its <a href="https://www.apartments.com.au/new-townhouses/lovedale-farm-1054-1184-wine-country-drive-lovedale-nsw-2325">Lovedale Farm</a> residential, resort and golf project has secured $24.6 million in sales in just three weeks since the opening of its display home, underscoring the appetite for premium lifestyle property in the Hunter Valley countryside.

The sales milestone has been driven by a diverse mix of buyers, including owner-occupiers and investors from Sydney, Newcastle and the local Hunter region, purchasing both land-only lots and house and land packages across the development.

<img alt="Lovedale" data-entity-type="file" data-entity-uuid="e173edc9-e60e-4f19-a060-9dc4421a3233" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LovedaleFarm_20250215-1.jpg?VersionId=1LY6CvOaD.Dzrt8tWpWxXtPyfchixNIo" />

The result builds on the momentum generated at the display home opening on 22 March, which attracted more than 460 attendees.

With house and land pricing from $1.14 million, Lovedale Farm continues to attract strong interest from buyers seeking a premium lifestyle offering at a compelling price point. The development’s vision, a championship golf course, future epicurean village and access to the Hunter Valley’s celebrated wine country, has resonated with a broad buyer profile, from first-time investors to those looking to make the move and call the Hunter Valley home.

<img alt="Lovedale Farm records $21.4 million in sales in three weeks" data-entity-type="file" data-entity-uuid="b358e789-e1eb-40ed-8105-ed5c8297136f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20260321LovedaleFarmDisplayHomeOpening--6.jpg?VersionId=6GUO8TNnxuELONrsM6n9imDB6oc82Bor" />

Jim Hunter, Managing Director of Capital Corporation said the response since opening the display home has been encouraging.

"To reach $24.6 million in sales in just three weeks speaks to the genuine demand for a lifestyle community of this calibre in the Hunter Valley," Hunter says.

"We’re seeing buyers from across the region and beyond, including investors who recognise the long-term value, and owner-occupiers who simply want to live somewhere truly special.

“Lovedale Farm is two decades in the making, and the market’s response is everything we hoped for. We’re excited to see these first buyers become part of the Lovedale Farm story from the very beginning."

<img alt="Lovedale" data-entity-type="file" data-entity-uuid="54d985cf-2ac2-400b-ac02-4401f3421ac7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20260321LovedaleFarmDisplayHomeOpening--5.jpg?VersionId=3866bPoqpLZsm.3ACg9EafAr1W3miC_f" />

Spanning 240 hectares on Wine Country Drive in <a href="https://www.apartments.com.au/developments/lovedale-nsw-2325">Lovedale</a>, the $1 billion development is expected to deliver around 1,250 jobs during construction and inject more than $300 million into the local economy. The first 200 homes and championship 18-hole golf course are anticipated for completion in late 2027.

Capital Corporation has also lodged development plans for the Lovedale Farm clubhouse, set to become a vibrant hub for residents and the wider Hunter Valley community. Further releases are planned for later this year.

[smartcode_project_cta:default project_id=14476]

Lovedale Farm display home opening triggers $24.6 million in sales in three weeks

<a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic Property Group</a> has sold more than $180 million worth of apartments at its ultra-luxury Burleigh Heads beachfront apartment development, Josephine.

Mosaic has brought construction, through its in-house construction team, forward, after the significant uptake in the building of just 30 half- and full-floor apartments which are priced from $4.5 million up to $13 million.

<a href="https://www.apartments.com.au/new-apartments/josephine-by-mosaic-166-the-esplanade-burleigh-heads-qld-4220">Josephine</a>, designed in partnership with&nbsp;<a href="https://www.apartments.com.au/architects/emk-architects">EMK Architects</a> from Waterloo in Sydney, is Mosaic’s fourth luxury beachfront address along Burleigh’s coveted Esplanade and its fifth in the suburb, reinforcing a proven pattern of accelerated sales and sustained strength built on trust in the Mosaic brand to continue delivering exceptional quality in one of Australia’s most tightly held coastal locations.

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Mosaic’s Founder &amp; Managing Director, Brook Monahan, said Josephine represents the most evolved expression of Mosaic’s coastal philosophy, shaped by years of consistent delivery and a refined understanding of what people truly seek in an ultra-luxury home by the ocean. 
&nbsp; 
“With every project, we refine our thinking about what sits at the heart of genuine luxury, clarity, calm, craftsmanship, and the deep sense of assurance that comes from thoughtful, intentional design. Josephine is the culmination of that evolution," Monahan says. 
&nbsp; 
“The market’s response reflects the value of staying closely aligned with people and place, recognising the nuanced shifts in how they aspire to live, and elevating the experience through intentional design and timeless elegance. 
&nbsp; 
“In a place as iconic as Burleigh, the character is already inherent. Our role is to respond to it with clarity and intention, creating homes that are beautiful, grounded and deeply considered, where luxury is defined not by excess but by the quiet assurance of spaces that are shaped by quality, detail and purpose.”

[smartcode_project:default project_id=149424 project_image_fid=359811] 
&nbsp; 
Released off‑market in late 2025, Josephine was quickly taken up by buyers who already understand and value Mosaic’s track record, long‑standing locals, many of them returning residents, alongside a measured cohort of investors drawn to Burleigh’s inherent scarcity. 
&nbsp; 
Monahan said the early momentum reflects a pursuit of certainty that has always defined Mosaic’s model. 
&nbsp; 
“It’s about trust. Buyers want confidence that what they’re promised will be delivered, and delivered with care. That matters more than anything else.” 
&nbsp; 
“That trust underpins everything we do, earned quietly over many years through discipline and consistency. People want assurance, particularly in the current market, that the commitments made at the outset will hold firm. We have never sought additional contributions during construction, even in challenging periods; we have never compromised on quality; and we have never failed to complete a project we have taken to market. And critically, we stand by our work for the long term.”

[smartcode_project:default project_id=149424 project_image_fid=353507] 
&nbsp; 
He emphasised that Mosaic’s decision to accelerate construction on Josephine reflects structural resilience rather than market reaction. 
&nbsp; 
“The volatility of recent years, and the conditions we continue to see today, have shown how quickly the market can shift. They have also reaffirmed the importance of the disciplines we have always prioritised: our internal construction capability, disciplined financial stewardship, and a forward pipeline built for stability and alignment with our brand.” 
&nbsp; 
“Costs will always move, but certainty comes from preparation. That’s why we continue to deliver, irrespective of market conditions.” 
&nbsp; 
Monahan said Burleigh’s performance reflects a broader maturation of the Gold Coast luxury market. 
&nbsp; 
“The Gold Coast luxury market now has extraordinary depth. Demand is strong because people with long‑term intent are choosing to build their lives here. The real opportunity lies in irreplaceable locations, where land is scarce, the coastline is finite, lifestyle amenity is plentiful and design genuinely elevates daily life.” 
&nbsp; 
“Buyers are moving beyond size or prestige for prestige’s sake. They are seeking quality, connection to place and the confidence that comes from working with a team that consistently delivers.”

[smartcode_project:default project_id=149424 project_image_fid=359809] 
&nbsp; 
Mosaic’s first address on The Esplanade, Florence by Mosaic, was named 2025 UDIA Queensland Project of the Year, while Isabel by Mosaic, now sold out, is scheduled for completion later this year. 
&nbsp; 
Josephine’s build start continues a sustained period of construction momentum for Mosaic, which delivered six luxury projects across Brisbane, the Gold Coast and the Sunshine Coast in 2025, collectively valued at $850 million and comprising 536 new homes. 
&nbsp; 
Including Josephine, Mosaic now has six major projects under construction across Brisbane and the Gold Coast, representing nearly $2 billion in value and introducing more than 620 new homes to the market. 
&nbsp; 
On the Gold Coast, Mosaic’s pipeline remains exceptionally strong, with Sophia by Mosaic in Palm Beach, Isabel by Mosaic in Burleigh Heads, and Madeline by Mosaic in Broadbeach both progressing toward full sell‑out as construction advances and demand for design‑led coastal residences continues to deepen. 
&nbsp; 
Remaining residences at Josephine are priced from $4.5 million, with completion expected in mid‑2028.

[smartcode_project_cta:default project_id=149424]

$180 million in sales pushes Mosaic’s Josephine in Burleigh Heads toward sell out

An $8 million penthouse has sold at <a href="https://www.apartments.com.au/developers/pomeroy-pacific-quattro-corp">PQD</a>’s <a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a> development in Hawthorn, marking one of the highest apartment sales ever recorded in the suburb and across the wider City of Boroondara.&nbsp;

The three-bedroom penthouse, featuring two living areas, a study and expansive outdoor living across two levels, including a rooftop pool, spans 577 sqm, with nearly 300 sqm of internal living space and a further 281 sqm externally.

The penthouse was purchased by a Melbourne-based CEO, who is downsizing from a large family home nearby, and will move into the apartment with his two adult children.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355297]

“Our family is entering a new phase, and apartment living offered an opportunity to embrace a different lifestyle while still having the space we’re used to,” the buyer said.&nbsp;

“Kooyongkoot immediately gave us confidence in the developer. Every detail feels deliberate, from the overall design down to the smallest touches. The level of quality and refinement is exceptional, but what really sold it was how liveable it felt. My wife and I loved features like the dog wash, oversized storage rooms and private garages because they showed genuine thought for everyday life. It felt like a place where everything had been considered, not just a luxury building.”&nbsp;

Designed by award-winning architecture studio <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, Kooyongkoot comprises just 18 luxury residences within <a href="https://www.apartments.com.au/developments/hawthorn-vic-3122">Hawthorn</a>’s tightly held Scotch Hill precinct.&nbsp;

The development incorporates a curated suite of lifestyle amenities, including a private wellness centre featuring infrared and traditional saunas, massage and therapy rooms, a yoga and pilates studio, a gymnasium and cold therapy shower, alongside a residents’ retreat, a golf simulator and other convenience features.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The buyer said the penthouse’s scale and design were key factors in the decision.&nbsp;

“The layout offers the same core living spaces you would expect in a large family home, which makes multi-generational living comfortable, but without the ongoing maintenance of a freestanding house.

“The wellness facilities and rooftop space were also compelling. They’re rare in a building of this size and add another dimension to the lifestyle the development offers,” he said.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355262]

Mark Pomeroy, Director of PDQ, said the purchase reflects a broader shift in Melbourne’s prestige apartment market, where downsizers are increasingly seeking larger residences that allow adult children to remain at home longer while maintaining independence.&nbsp;

“We’re seeing more families choose apartment living without sacrificing space. For many downsizers, the reality is that adult children are staying at home longer, so buyers are looking for large apartments that allow everyone to live comfortably.”&nbsp;

Research conducted by the University of Melbourne in 2024 found that just over half of young men (54%) and 47% of young women aged 18 to 29 years old are still living under the same roof as their parents.&nbsp;

The penthouse sale places the transaction among the highest apartment sales ever recorded in the City of Boroondara, with only a handful of comparable penthouse deals including Victoria Hill in Camberwell (around $15 million) and Rondure House in Kew (around $6.5 million).&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355304]

Located on prestigious Kooyongkoot Road in Hawthorn, the development sits within walking distance of parklands, private schools, Auburn Village and Camberwell Junction, and offers direct tram access to Melbourne’s CBD. Kooyongkoot’s main building structure was completed in March 2026, with residents expected to move in from November 2026.&nbsp;

A limited selection of residences remains available, offering penthouse scale living without traditional penthouse pricing. Options range from oversized two-bedroom apartments to corner three-bedroom residences with private three-car garages and generous storage. Pricing starts from $1.9m, rising to the mid-to-high $4 million range. The final penthouse is available for private viewing upon request.&nbsp;

Kooyongkoot is being delivered by PQD (Pomeroy Quattro Developments), a Melbourne-based development partnership focused on creating boutique, design-led residential projects in premium locations across the city.&nbsp;

[smartcode_project_cta:default project_id=102717]

Kooyongkoot records $8m penthouse sale as multi-gen leads the way

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a> has continued to capture unrelenting demand for high-quality apartments in the Gold Coast’s hotspot of Palm Beach, with 70 per cent of apartments at the group’s Flourish Oasis under contract in just two months.

The impressive sales surge follows recent approval from the council, which has, in turn, accelerated the commencement of construction by trusted builder <a href="https://www.apartments.com.au/builders/lps-group">LPS Group </a>for completion in 2027.&nbsp;

“The Flourish brand has been highly successful so far, and we are excited for <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Oasis</a> to build on the strong momentum as the project edges closer towards sell-out,” said Christie Leet, Founder of Sherpa Group.&nbsp;

“At Sherpa, we are dedicated to helping the locals and building a community people are proud of, and so it’s extremely encouraging to see that 50% of buyers are Gold Coast locals, as well as 77% planning to be owner-occupiers at Oasis.”

[smartcode_project:default project_id=151449 project_image_fid=357458]

<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> has emerged as one of the city’s most undersupplied markets, with apartment prices surging to a weighted average of $2.25 million, due to a shortage in stock pushing locals out of the renowned coastal suburb.&nbsp;

Sherpa is responding to growing lifestyle demand by delivering much-needed stock through its Flourish brand, with Oasis offering luxury living in the centre of Palm Beach, with remaining apartments from $1,240,000.&nbsp;

Located at 7 and 9 Sixth Avenue, Oasis will deliver 47 apartments, all of which are corner apartments providing significantly improved privacy and expansive windows to fill the apartments with natural light.

Continuing the flourish legacy, Oasis will deliver a premium suite of amenities crowned by a rooftop sanctuary that features a pool, gym, barbecue facilities, sauna, steam room, hot and cold plunges and spa, creating a sanctuary to relax, unwind and connect.&nbsp;

[smartcode_project:default project_id=151449 project_image_fid=357469]

“Our vision for each project is always founded on a sense of community, which is why we have ensured every amenity is designed to foster connection and support our residents.”

“We ensure rooftop wellness and recreation facilities are not an afterthought, but rather at the centre of each project.”

Already 28, apartments have now sold, and only 19 remain for sale, with the opportunity to secure a residence at this landmark address quickly disappearing.

[smartcode_project_cta:default project_id=151449]

Sherpa knock over 70% of sales at Flourish Oasis

Prolific developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured an $11.6 million sale in its recently launched Lower North Shore apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a>.

A family from the Upper North Shore, with three children studying at university, amalgamated two residences to create a 333 sqm spread on the 21st level of the Crows Nest building that is currently under construction.

The apartment will now have four bedrooms, two living areas, and a dedicated study, delivering the scale and functionality typically associated with a freestanding family home.

The apartment will have a&nbsp;50-metre frontage, offering uninterrupted, never-to-be-built-out views stretching across the Sydney Harbour Bridge, Barangaroo, Sydney Harbour and through to the Heads.

[smartcode_project:default project_id=135323 project_image_fid=351935]

Deicorp Founder Fouad Deiri OAM said the amalgamated residence shows a clear shift in buyer preferences, particularly among downsizers and family owner-occupiers.

“We’re seeing strong demand from buyers who still want space, separation and flexibility, but without the maintenance and travel time that comes with a large suburban home," Deiri said.

"This residence shows how apartment living can genuinely replace a house when it’s designed with scale, outlook and liveability in mind."

Designed for entertaining and everyday family living, the residence will feature a statement kitchen with a butler’s pantry, expansive living and dining zones, and an outdoor barbecue and entertaining setting, all framed by panoramic harbour views.&nbsp;

[smartcode_project:default project_id=135323 project_image_fid=351939]

Positioned just a five-minute walk from the new <a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a> Metro station, Falcon &amp; Alexander is conceived as a vertical village, with residences arranged around a central atrium and shared gardens, alongside premium resident amenities and boutique retail and dining at ground level. The project will also include a boutique 100-room hotel.

Designed by award-winning architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a>, the project will deliver 188 apartments. One-, two- and three-bedroom apartments are available, starting from $1.3 million.

Construction is currently underway and is scheduled to be completed in 2028.

[smartcode_project_cta:default project_id=135323]

Deicorp secures $11.6 million sale at Falcon & Alexander, Crows Nest

Just a few months after launching to the market,&nbsp;<a href="https://www.apartments.com.au/developers/gold-partners-australia">Gold Partners Australia</a>&nbsp;has sold 75 per cent of the apartments at&nbsp;Harmony on Broadbeach, its debut Gold Coast apartment development.

<a href="https://www.apartments.com.au/new-apartments/harmony-on-broadbeach-2797-gold-coast-highway-broadbeach-qld-4218">Harmony on Broadbeach</a>, which will rise 33 storeys on the corner of First Avenue and the Gold Coast Highway about 400 metres from the beach, will deliver a collection of two and three-bedroom apartments designed to appeal to a mix of local owner-occupiers, interstate buyers, and investors seeking newer stock in the tightly held Broadbeach market.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI Architects</a>, Harmony will home just over 100 apartments, with a typical floorplate limited to four apartments per level. The configuration allows for larger layouts and greater privacy compared to many higher-density coastal towers.

[smartcode_project:default project_id=113098 project_image_fid=355608]

The residences comprise generous two and three-bedroom apartments with open-plan living areas, large balconies and floor-to-ceiling glazing designed to maximise natural light and capture views across the ocean, hinterland and Broadbeach skyline. Interiors feature natural stone benchtops, engineered timber flooring and Miele appliances, with finishes intended to reflect the coastal character of the surrounding area.&nbsp;

Amenities are centred on a dedicated wellness offering, including a 20-metre swimming pool, spa, sauna, gymnasium and yoga lawn, alongside communal lounges, private dining areas and outdoor barbecue spaces for residents. The building will also include a hospitality venue at street level, activating the ground plane along the Gold Coast Highway.&nbsp;

[smartcode_project:default project_id=113098 project_image_fid=355611]

Olympus Property Group is handling sales for the development. Director Deanna Lockett said the project has resonated with a wide buyer pool drawn to the combination of location and pricing.

“There’s been nothing new come to the market in <a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> at this price point for nearly a year,” Lockett said. “It hits the sweet spot of affordability, good sized apartments, in a great location.”&nbsp;

Broadbeach remains one of the Gold Coast’s most established lifestyle precincts, with residents within walking distance of the beach, dining along Surf Parade, Pacific Fair Shopping Centre, and the Gold Coast Convention and Exhibition Centre. The suburb has seen limited new apartment supply over the past year, contributing to strong early demand for Harmony.&nbsp;

Construction is due to commence in Q2 2026, with completion targeted for late 2028, as Gold Partners Australia expands into the Gold Coast market alongside its established pipeline in New South Wales.

[smartcode_project_cta:default project_id=113098]

Harmony on Broadbeach races to 75 per cent sold as Gold Partners Australia target construction commencement

Leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has recorded a strong market response at the launch of The Avenues, its $874 million East Zetland precinct.

On its recent launch they sold close to $18 million, predominantly to owner-occupiers, more specifically to families who wanted to be closer to kids and grandkids.

Apartments sold ranged from $1.8 million to $1.97 million for two bedrooms, and $2.12 million to $2.62 million for three bedrooms.

[smartcode_project:default project_id=146262 project_image_fid=357150]

Located four kilometres from the CBD, <a href="https://www.apartments.com.au/new-apartments/the-avenues-zetland-130-joynton-avenue-zetland-nsw-2017">The Avenues</a> is transforming a 2.87-hectare site into a pedestrian-friendly urban neighbourhood comprising 574 residences across nine buildings designed by <a href="https://www.apartments.com.au/architects/candalepas-associates">Candalepas Associates</a> and <a href="https://www.apartments.com.au/architects/fk-australia">FK</a>.&nbsp;

Surrounded by tree-lined, walkable “avenues”, the precinct’s more than 800 sqm of ground-floor retail brings a lively, Paris-inspired streetscape to the heart of East <a href="https://www.apartments.com.au/developments/zetland-nsw-2017">Zetland</a> and will directly service nearby amenities and the surrounding residential community. 
&nbsp; 
The Avenues will also feature build-to-rent and purpose-built student housing in partnership with Scape, supporting key workers, students and long-term renters in this high-demand corridor.&nbsp;

[smartcode_project:default project_id=146262 project_image_fid=357154]

Deicorp will also contribute more than $16 million to open space improvements, including upgrades to Woolwash and Biyanbing Parks, with The Avenues designed to strengthen pedestrian connections to Green Square Station and Gunyama Park.&nbsp;

Deicorp Founder, Fouad Deiri OAM, said a clear trend was evident, with purchasers driven by proximity to family and lifestyle essentials.&nbsp;

“We’ve seen a clear trend of parents wanting to live close to adult children and students, as well as interstate and international buyers seeking to reconnect with family in Sydney’s inner south,"&nbsp;Deiri said.

“This early sales performance reflects the strength of East Zetland as a connected, high-amenity location and the appeal of homes designed with long-term liveability in mind. Many of these early-stage buyers are repeat Deicorp purchasers, too."

[smartcode_project:default project_id=146262 project_image_fid=357165]

Zetland is one of the top suburbs in Australia to experience an increase in housing density, with its population growing by 24 per cent in as little as three years to over 15,600 residents. According to REA, 197 units were available last month, with over 2300 buyers interested, demonstrating the strong demand for this inner southern pocket of Sydney.&nbsp;

Deicorp’s strong result at The Avenues follows significant spring momentum across its portfolio, with $63 million in combined sales recorded across recent launches for Showground Pavilions in Castle Hill and Falcon &amp; Alexander in Crows Nest.&nbsp;

Construction on The Avenues commenced in June, with the construction period expected to generate 2,700 jobs. Across its portfolio, Deicorp currently has 5,102 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.&nbsp;

Its expanding portfolio of Metro-linked developments includes Tallawong Village, Kings Bay Village in Five Dock, Hyde Metropolitan, and Showground Village, all advancing the company’s long-term commitment to creating vibrant, transit-oriented neighbourhoods.&nbsp;

Apartments start from $955k for a one-bedroom, $1.48 million for a two-bedroom, and $2.04 million for a three-bedroom, all with car parking.

[smartcode_project_cta:default project_id=146262]

Family proximity and connectivity fuel $18m in first-day sales at Deicorp’s East Zetland precinct, The Avenues

Gold Coast developer <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a> has made a strong market debut in Brisbane by selling nearly three-quarter of its recently launched South Brisbane apartment development, Symphony.

Sherpa fielded over 3,000 expressions of interest for the development which forms part of Sherpa's burgeoning Flourish brand, aimed at offering a more affordable entry point for first home buyers than what else is on the market.

<a href="https://www.apartments.com.au/new-apartments/symphony-south-brisbane-21-23-cordelia-street-south-brisbane-qld-4101">Symphony</a>, proposed for a prime 1,366sqm site at 21–23 Cordelia Street in <a href="https://www.apartments.com.au/developments/south-brisbane-qld-4101">South Brisbane</a>,&nbsp;will deliver 138 apartments across 25 levels, with 25 of the apartments priced under $1 million.

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“The affordability that Symphony presents to residential property buyers has created a remarkable level of enquiry for what we believe is a standout project for the South Brisbane market,” said Sherpa Group founder Christie Leet.

“The Flourish brand has been highly successful for us on the Gold Coast, and it’s evident that Brisbane buyers are equally drawn by the quality and amenity that Symphony offers in one of the most vibrant inner-city locations.”

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Sherpa Group has been among the most prolific developers on the Gold Coast in recent years, undertaking 15 projects since 2018.

The company has currently seven projects in Palm Beach, with four of them under the Flourish brand that is delivering affordable beachside luxury for one of the most undersupplied markets on the Gold Coast.

Symphony, which is positioned at the junction of South Bank, West End, and Fish Lane, is located in the heart of Brisbane’s entertainment, dining and leisure precinct. The location also offers exceptional walkability to QPAC, galleries, riverside parklands, the CBD, major universities, hospitals, and transport hubs.

“As our first development for the Brisbane market, we saw this precinct as a strategic location for Sherpa to deliver attainable housing in one of Brisbane’s most connected and culturally vibrant neighbourhoods,” added Leet.

“Our vision for each project is always founded on a sense of community, which is why we have ensured that locals who already know and love this area were prioritised during the early release of Symphony residences.”

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Symphony has attracted strong interest from a range of buyers, including first home buyers, downsizers, local owner-occupiers, and investors.

Building on a solid reputation where 100 per cent of projects have been successfully delivered on the Gold Coast, Sherpa Group enlisted architectural firm HAL to design Symphony - envisaging an "architectural gem with activated street frontage and an array of amenities to rival five-star resorts."

Symphony features an expansive rooftop wellness and recreation area spanning more than 1,400 sqm across two levels, with all amenities designed to foster community, connection and wellbeing among residents.

The rooftop will comprise a heated pool, steam room, saunas, and hot and cold plunge pools; work from home spaces, private treatment room, pool deck cabanas and private outdoor BBQ areas; a private dining room and residents’ lounge; a fully equipped gym and yoga studio; and panoramic views of the Brisbane skyline and Mt Coot-tha.

Symphony buyers are given access to a full-time concierge service to provide off the plan assistance and construction updates; hard-hat tours during construction; and post-settlement move-in and appliance induction support.

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Sherpa locks in $240m of sales at debut Brisbane apartment development Symphony

ASX-listed developer <a href="https://www.apartments.com.au/developers/cedar-woods" target="">Cedar Woods</a> didn’t miss a beat when the opportunity arose to acquire a prime residential development site in one of Perth’s most popular suburbs. In 2019, the developer secured the former Wembley TAFE site, a 1.4-hectare parcel perfectly positioned on the western edge of <a href="https://www.apartments.com.au/developments/subiaco-wa-6008" target="">Subiaco</a>’s vibrant centre.

The first stage, <a href="https://www.apartments.com.au/new-apartments/incontro-subiaco-133-salvado-road-subiaco-wa-6008">Incontro Townhomes</a>, delivered 41 contemporary homes that embrace the suburb’s unique blend of nature and urban energy. Now, Incontro Apartments continues that story, offering a collection of new residences in a market limited with new residential stock. The rarity of a development in such a prime pocket hasn't been lost on buyers, with more than 60 per cent already sold in the early stages of construction.

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Set on the tree-lined Bishop Street, in a quiet pocket within Western Subiaco, Incontro Apartments offers convenient access to several lush parks and recreation spots.&nbsp;

Within the estate is Incontro’s Little Green, a linear park that connects the Incontro townhome precinct with the future apartment building. This peaceful stretch of landscaped parkland features shaded seating and communal spaces for residents to relax and interact close to home.&nbsp;

Less than 400 metres away is find Henderson Park, a perfect spot for morning walks, weekend picnics or casual exercise. Neighbouring Henderson Park is Mabel Talbot Park, home to Jolimont Lake and a playground, while just a little further lies Pat Goodridge Park, offering a large sports field and another playground.&nbsp;

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For something closer to home, Subiaco Common provides a peaceful green retreat right on your doorstep - ideal for reading under the trees, walking the dog or relaxing with friends.

Beyond the parks and open spaces, Incontro residents are just moments from everything that makes Subiaco such an enviable place to live.&nbsp;

Down the road is Bishop Street Café, a local favourite for a morning caffeine fix. Subiaco’s Rokeby Road and Hay Street are lined with retailers, cafés, vibrant bars and some of Perth’s most loved dining spots, from long lunches at Refuge Small Bar or Juanita’s, to weekend brunch at Community Coffee Co. or Boucla Café. Add to that a strong sense of local community, regular markets, and the energy of Subiaco Square, and it’s easy to see why Subiaco continues to be one of Perth’s most liveable and in-demand suburbs.

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Construction of Incontro Apartments is now underway by <a href="https://www.apartments.com.au/builders/emco-building">EMCO Building</a>. With completion expected in mid-2027, buyers have the chance to join a thriving Subiaco community in the not-too-distant future. &nbsp;

One-bedroom apartments are now sold out, with only a selection of two-bedroom apartments and just three three-bedroom residences remaining. Each features generous layouts, stylish finishes and private balconies to enjoy the leafy outlook that makes this Subiaco address so special. Prices start from $925,000*.

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