Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

Joel Robinson

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

&nbsp;

Developer GURNER™ Group has revealed $1.65 billion in residential sales nationally across the 12 months to December 2025, driven largely by the continued momentum of its Docklands wellness-focused precinct, Elysium Fields.

The sales result was generated across seven projects in Victoria and New South Wales, headlined by Elysium Fields, GURNER™’s $2.75 billion mixed-use precinct planned for Harbour Esplanade in Docklands.

The project has recorded more than $500 million in sales across the first three towers, equating to around 580 apartments sold.

The first tower, Helios, has now sold out of its 240 private residences, with GURNER™ preparing to release a premium penthouse collection comprising 15 three-bedroom penthouses in coming weeks.

[smartcode_project:default project_id=144441 project_image_fid=370975]

Elysium Fields is being developed on the long-held 20,000 sqm Docklands site at 208-226 Harbour Esplanade, which had remained undeveloped for more than two decades prior to GURNER™ taking over the project around four years ago.

Construction has now commenced across four towers ranging between 18 and 30 storeys, with Hamilton Marino and Maxcon appointed as builders.

Once complete, the precinct is expected to comprise around 1,100 residences, alongside retail, hospitality and public realm uses integrated throughout the site.

[smartcode_project:default project_id=144441 project_image_fid=370981]

Designed by Fraser &amp; Partners in collaboration with GURNER™ Design House, the project has been positioned around the developer’s broader focus on wellness-led residential living.

“We don’t sell apartments. We create a true luxury lifestyle that simply doesn’t exist elsewhere in the market today,” Founder and Executive Chairman Tim Gurner said.

“To deliver that requires an extraordinary level of detail, coordination and discipline across multiple verticals, from design and hospitality through to wellness and service.”

“We’ve always believed that living extends far beyond the physical residence. It’s about how you feel the moment you arrive, how you live day-to-day, and the ecosystem that supports that.” 
[smartcode_project:default project_id=144441 project_image_fid=370977]

The project’s design places a heavy focus on landscaping, wellness amenities and biophilic design principles.

Plans include around 3,700 sqm of landscaped gardens and open space throughout the precinct, alongside a retail and dining offering spanning approximately 5,000 sqm.

The broader public realm strategy centres around what GURNER™ describes as the “Path of Life”, an urban forest and landscaped pedestrian environment intended to connect the various buildings and wellness spaces across the precinct.

The apartments themselves will incorporate a range of wellness-focused inclusions, including purified air and water systems, circadian lighting, antimicrobial surfaces, and optional in-home wellness upgrades.

[smartcode_project:default project_id=144441 project_image_fid=370980]

Gurner said the company’s experience through its Saint Haven wellness clubs had directly informed the residential offering now being incorporated into Elysium Fields.

“We’re seeing a clear global shift toward longevity, performance and proactive health,” Gurner said.

“Our role is to deliver that in a way that feels seamless, highly private and beautifully resolved within the environments we create.”

A large component of the wellness offering is planned through the resident amenity and health facilities proposed within the precinct.

That includes plans for bathing and recovery facilities spread throughout the towers, incorporating mineral pools, saunas, steam rooms, flotation therapy, red light therapy and wellness lounges.

The developer is also seeking approvals for what it describes as a “reverse ageing medical clinic” within the precinct.

[smartcode_project:default project_id=144441 project_image_fid=370978]

According to project information released by the group, the proposed facility would include cryotherapy, IV infusion therapy, infrared and dry saunas, PEMF beds, MRIs, DEXA scans, brain scans and blood analysis services.

Within the first tower, Helios, residents will also have access to a dedicated amenity offering known as the Sky Private Club.

The upper 15 levels of the building will include private lounges, dining spaces, rooftop amenities and optional private wellness studios integrated within residences.

The Helios tower itself comprises 260 apartments ranging between 60 sqm and 300 sqm, including a collection of penthouses.

That includes a planned two-storey penthouse spanning around 600 sqm with uninterrupted bay views.

The Elysium Fields precinct is being delivered in partnership with Digital Harbour Holdings, a consortium that includes the Liberman family, which controls the development rights across the Docklands site.

[smartcode_project:default project_id=144441 project_image_fid=370979]

The sales result comes as GURNER™ continues expanding its national development pipeline beyond Victoria.

“We have a strong pipeline across Australia and are now focused on scaling into key markets including New South Wales and Queensland, while continuing to build on our Melbourne base,” Gurner said.

“We currently have more than $3 billion in the market, growing to over $5 billion by October, and expect to materially outperform last year in the 2026 calendar year.”

The result also reflects the continued strength of the upper-end apartment market in Melbourne, particularly for owner-occupier-focused product with large-scale amenity and lifestyle offerings.

[smartcode_project_cta:default project_id=144441]

Record result anchored by the Group’s “utopian” Elysium Fields precinct – defying market headwinds in Docklands.

Elysium Fields drive Gurner to $1.65 billion in apartment sales over 2025

National Australia Bank (NAB) will fund <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a>, a $1 billion, 52-level luxury residential tower being developed by Central Equity in one of the Gold Coast’s most tightly held coastal locations at Northcliffe.

The project, launched recently by <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a>, one of Victoria’s largest private residential developers, comes at a time when construction funding for large residential developments has become increasingly competitive as lenders tighten exposure to the sector.

Multiplex has been appointed the builder, and construction is now underway.

[smartcode_project:default project_id=108274 project_image_fid=365784]

Since its first project, Central Equity has delivered more than 85 residential developments with a combined end value exceeding $8 billion.

Palmera reflects Central Equity’s growing focus on the Gold Coast luxury apartment market and continues a relationship between Central Equity and NAB that dates back to the late 1980s, when the bank funded one of Melbourne’s earliest inner-city residential towers at a time when high-rise apartment living in the CBD was largely unproven.

“NAB’s funding of Central Equity’s $36 million CBD development in the late 1980’s to the financing of the billion-dollar tower today highlights the long-term relationship between the two organisations in delivering major residential projects” said Central Equity Founder and Chairman Eddie Kutner.

He said NAB’s early support was instrumental in helping establish the company’s development model.

“When we commenced our first residential tower in the late 1980s the concept of funding off-the-plan apartments was still largely untested in Australia,” Kutner said.

“NAB recognised the opportunity early and supported the project when others were uncertain. That relationship has now continued for more than 37 years across many developments.”

[smartcode_project:default project_id=108274 project_image_fid=365771]

Central Equity was established in 1987 when Melbourne’s CBD and Southbank precinct were still dominated by warehouses and commercial buildings. Fewer than 100 residents lived in Southbank at the time, and large-scale residential development in the inner city was not widely considered.

Recognising changing demographics and lifestyle preferences, the company began developing high-rise residential projects designed to bring permanent residents into the city centre.

Central Equity has provided accommodation for approximately 40,000 residents across Melbourne’s CBD and Southbank, while also incorporating supporting infrastructure including essential lifestyle facilities like retail spaces, childcare facilities and neighbourhood activity centres.

Central Equity has spent many years assembling the Palmera development site on the corner of Garfield Terrace and Frederick Street in Northcliffe, creating a supersite of around 3,300 sqm.

The developer said the Palmera apartment tower reflects its long-term view of the Gold Coast as a growing and increasingly diversified economy.

[smartcode_project:default project_id=108274 project_image_fid=365768]

Supported by infrastructure including the light rail network, major road upgrades expanded education, hospital and medical facilities and continued expansion at the Gold Coast Airport with more internation and domestic flights.

Positioned in the tightly held Northcliffe precinct, the 52-level tower will deliver 347 apartments, targeting buyers seeking a high-end coastal lifestyle, from downsizers to interstate investors.

Designed by Marchese Partners with interiors by DBI, Palmera has been conceived as a next-generation residential offering, featuring a collection of oversized apartments, with premium three-bedroom residences offering sweeping northern views stretching from Surfers Paradise through to Burleigh Heads.

[smartcode_project_cta:default project_id=108274]

NAB funds $1 billion Surfers Paradise apartment development, Palmera

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

First look: Aqualand joins St Leonards apartment party

Roberts Co has entered a new phase of growth following its acquisition by Arada, one of the world’s fastest-growing property developers in Australia.

The acquisition is supported by a $50 million capital injection into Roberts Co’s Australian balance sheet, consisting of the previously announced $25 million recapitalisation and an additional $25 million in new funding from Arada.

This investment strengthens Roberts Co’s financial position, stabilises operations, and provides the foundation for strategic expansion beyond its New South Wales base, with a focus on new opportunities in Queensland, including the Brisbane and Gold Coast regions.

With Arada’s international resources and financial backing, Roberts Co will broaden its portfolio across residential, commercial, and infrastructure sectors, reinforcing its strong market position in New South Wales and setting itself to capture growth in one of Australia’s most dynamic construction markets.

Ahmed Alkhoshaibi, Group CEO of Arada, said Roberts Co has a proud Australian heritage, an outstanding delivery record, and a strong reputation for collaboration with clients and partners.

"By combining this expertise with Arada’s global scale and financial capacity, we are creating a platform for sustained growth in the Australian market,"&nbsp;Alkhoshaibi said.

“Our $50 million capital injection, including new funds from Arada, underlines our commitment to both stabilise and expand Roberts Co’s operations, particularly into the fast-growing Queensland market. We see significant potential in South-East Queensland’s pipeline and are confident Roberts Co is well placed to deliver lasting value for clients and communities.”

George Kostas, CEO of Roberts Co, said Queensland, and particularly South-East Queensland, is one of the most active and opportunity-rich regions in Australia right now.

"The lead-up to the Brisbane 2032 Olympic Games will bring unprecedented investment across housing, transport, and infrastructure. Roberts Co is eager to play a major role in that transformation and secure a meaningful share of this fast-growing market.”

Arada pours more funds into Roberts Co, flags expansion into South East Queensland construction market

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Cave Constructions and Clever Design won the HIA 2013 Australian custom built home of the year.
<img alt="hiacustommay10one" src="/images/stories/2013/05/hiacustommay10one.jpg" width="470" height="267">
<img alt="hiacustommay10two" src="/images/stories/2013/05/hiacustommay10two.jpg" width="470" height="462">
What the judges said:
Careful design and execution are commended in this unique home. A design priority was to maximise views, which has been achieved with beautiful outlooks from every room. Judges noted that workmanship was precise and included complicated detailing.
2013 Australian custom built home of the year finalists:
Creative Building Services and Archertec Interiors, ACT &amp; Southern New South Wales
Hammerhead Building Projects, Gold Coast / Northern Rivers
Yarrum Designer Homes, Hunter
A&amp;V Moras Constructions Pty Ltd, New South Wales
Ash Moseley Homes, North Queensland
BOA Homes Pty Ltd, Northern Territory
Yates Builders, Queensland
South Coast Constructions Pty Ltd, South Australia
R &amp; R Quality Homes, Victoria
Giorgi Exclusive Homes, Western Australia
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Cave Constructions and Clever Design win HIA 2013 Australian custom built home of the year

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Moebius House, the Sydney eastern suburbs coastal home, has been listed for sale.  Its owner-architect, Tony Owen practices liquid architecture design - projects parametrically designed using 3D software.
The Dover Heights home's name derives from the geometrical term, Moebius Strip, a surface with only one side and only one boundary component. With views of the CBD, Opera House, Bridge and Sydney Harbour, the curvaceous passive solar design has been recognised as setting a benchmark in environmental innovation.
Its had international focus when Lady Gaga was interviewed at the home by the US internet gossip columnist Perez Hilton.
The listing agents Andrew Hennessy and Michael Pallier of Sydney Sotheby's International Realty will be seeking offers above $4.5 million for the four bedroom, three level house which was completed in 2007.
The 525 square metre block had cost $1.97 million in 2007.
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Tony Owen's Moebius House, Dover Heights listed for sale

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Victoria-based luxury homebuilder Canny has taken out the 2013 Australian HIA Australian Project Home of the Year award for its Lubelso concept home in Malvern.
The two-storey home features three integrated living zones, four bedrooms and an automated trapdoor to the cellar.
“The Lubelso concept home is a fine example of the subtle, yet elegant lifestyle homes we seek to create for our clients,” says Canny managing director Damien Canny.
“It was designed with the modern Australian family in mind, combining broad appeal with an excellent location.”
The concept home is part of the <a href="https://www.lubelso.com.au/home" target="_blank">Lubelso range</a>, which includes several single and double storey pre-designed architectural homes.
The pre-designed homes range in price from just under $875,000 to $1.45 million.
“We were obviously delighted to be awarded the Project Home of the Year at the 2012 Victoria HIA awards, so to be recognised nationally takes it to another level of pride,” says Canny.
Damien Canny founded the Canny Group 19 years ago.
The other finalists were:
Classic Constructions ACT &amp; Southern New South Wales
Hotondo Homes Newcastle Hunter
Camelot Homes New South Wales
Rebetzke Homes North Queensland
Overlander Constructions Northern Territory
Ausmar Homes Queensland
Dado Homes Pty Ltd South Australia
Wilson Homes Tasmania
Grandwood Homes Western Australia
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Luxury Victorian homebuilder Canny wins HIA Australian Project Home of the Year award for Lubelso

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The judging panel for the Crown Sydney Hotel Resort will soon go into deliberation, having released the architectural designs submitted after a design competition for the as-yet unapproved proposed project at Barangaroo South.
Internationally acclaimed architects Adrian Smith and Gordon Gill, Kohn Pedersen Fox and Wilkinson Eyre Architects submitted their designs to be reviewed by the judging panel.
Property Observer is seeking your preferred choice.
<h1 style="font-size: 14px;">Entry below by Adrian Smith and Gordon Gill Architecture (AS+GG):</h1>
 
{yoogallery src=[images/stories/2013/05/may3barangaroofour]}
{yoogallery src=[images/stories/2013/05/may3barangaroofive]}
 
Entry below by Kohn Pedersen Fox Associates (KPF):
{yoogallery src=[images/stories/2013/05/may3barangaroosix]}
<img alt="barangaroosevenmay3" src="/images/stories/2013/05/barangaroosevenmay3.jpg" width="470" height="788">
 
Entry below by Wilkinson Eyre Architects (WEA):
{yoogallery src=[images/stories/2013/05/may3barangarooeight]}
<img alt="barangarooninemay3" src="/images/stories/2013/05/barangarooninemay3.jpg" width="470" height="702">
<img alt="barangarootenmay3" src="/images/stories/2013/05/barangarootenmay3.jpg" width="470" height="702">
 
{module Which proposed Barangaroo hotel design do you prefer?}
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Barangaroo's Crown Sydney Hotel Resort design poll: Property Observer reader survey

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Victoria's best new architecture will be in the spotlight next month when entries to the annual Victorian Architecture Awards are exhibited.
Across the state, 240 projects will compete for awards in eleven categories and the prestigious Victorian Architecture Medal.
In the running for a residential architecture award is Mirvac's River Homes at Yarra's Edge in Melbourne (pictured below).
<img src="/images/stories/2013/04/awardsapril24one.jpg" width="470" height="307" alt="awardsapril24one">
The medium density multiple housing precinct in the Docklands contains 82 townhouses with three distinct house types.
Rooftop terraces overlook a foreshore promenade below.
In contention for an interior architecture award is the Allens Linklaters office (pictured below), designed by BVN Architecture.
<img alt="awardsapril24two" height="308" width="470" src="/images/stories/2013/04/awardsapril24two.jpg">
The workplace occupies seven floors of 101 Collins Street in Melbourne, and focuses on simplicity and elegance.
A dramatic new staircase connecting levels 35 to 40 contributes to the workplace’s integrated environment with key placement of artwork and subtle approach to detailing and material use.
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Mirvac's river homes at Yarra's Edge in Victorian Architecture Awards contention

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The nature of residential development today is fast moving and complex. It has resulted in change, and with change comes fear, along with a heady mix of media commentary and vocal opinion.
Much of this is simply because apartments have never been embraced in our traditional national image of rural and suburban landscapes. 
The place of apartments in our cities has been a subject of continual debate – held up as examples of developer excess on the one hand and almost alien examples of cosmopolitan living on the other and for some commentators regarded as ‘the slums of the future’. 
Apartments represent big city life and the tangible reality of rapid metropolitan growth and densification, however a myriad of niche drivers are working to shape our housing.
Australia is now a very diverse society.
Statistical data and crystal ball forecasting reveals that more Australians are living in and will increasingly move towards apartments. The National Housing Supply Council has estimated that seven out of ten households can now be termed ‘non-traditional’. 
Whilst traditional two-parent households will increase by 20% over the next two decades, the number of couples will rise by 36.7% and the number of single households will soar by 63.7%, with the 65+ age group being the fastest growing in Australia.
Of these, one in five will be single when they retire, and they will be mainly woman. We are also becoming increasingly Asian in our population makeup, with our stable political system and relatively clean physical environment being a desirable destination for migrants.
Our changing city economies based on professional and financial services and education has also played a role. The post-manufacturing-era economy has seen the advent of education as one of our biggest economies, with international students clustering around our universities in new apartment projects.  
Meanwhile the so-called ‘creative hipster’ set have assisted the revitalisation process of our urban areas, attracting cashed-up boomers and pushing up housing prices in the inner and middle suburbs, and in some instances, beyond.  Our cities are now a series of villages of unique character and culture.
 
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Proximity to jobs, education, entertainment and good coffee has been a major target of younger apartment renters, with investor-landlords doing well. Their attitude to the traditional urban fringe is now less attractive due to long commute times, the lack of jobs, infrastructure and services.  
This has been highlighted by the Grattan Institute in its report “Getting the Housing We Want” that Australians do not all want to live in detached housing, with many preferring a much more varied mix of residential options. The downturn of project house-and-land packages on the fringe, along with an increasing shortfall in the supply of terrace housing, townhouses and apartments in established areas, are evidence of this shift.
The ability to deliver good quality commercial residential architecture within a tight financial framework is one of architecture’s greatest challenges.
Commercial apartment construction costs range from $2,500 to $3,000 per square metre and are increasing, compared to a cost of around $900 to $ 1,000 per square metre for detached housing in the fringe.
The typical Melbourne apartment now needs to sell for $8,000 to $10,000 per square metre to cover the cost of development, land and to provide a return commensurate with the risk of development. On this basis a small one-bedroom apartment can cost as much if not more than a new house and land package in an outer suburb. 
As a consequence, apartments are increasingly being downsized to meet entry-level price points and budgets, with some projects offering micro apartments of 35 square metres.
But how much smaller can they go?
The crucial ingredients in residential architecture are unchanged.  It is empathy for the occupants who are seeking a home that balances function and amenity, aspiration and budget.  Getting this right is the basis of good housing to meet the needs of a very diverse and changing society.
Where and what we choose to live in and the financial options to develop, construct, own or rent will have a significant impact to the housing sector.
As architects, we are faced with doing things differently, driven by changing consumer preferences and desires, skyrocketing building costs and skill shortages mirroring today's more diverse, chaotic, networked society.
Innovation in prefabricated manufactured systems will assist reduce construction costs.  Smaller apartments can be adaptable with flexible plan configurations, and beyond the front door, the provision of communal and shared spaces such as lounges and rooftop gardens provide different forms of residential amenity.
There will be no silver bullet, but many varied solutions required to deliver the type and quality of housing we want.
Rob Stent is a director Melbourne-based architecture, interior and urban design practice Hayball and is a past president of the Victorian chapter of the Australian Institute of Architects. Among the buildings he has designed is Lend Lease’s completed Serrata apartment building in Docklands, one of Melbourne's first apartment buildings to achieve a four-star Green Star rating.
 
 
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Diversity holds the key to density

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The number of dwellings approved for construction rose 3.1% in February in seasonally adjusted terms, after falling for two months, the latest ABS data shows.
This follows a 2% fall in January (upwardly revised from a 2.4% decrease).
Approvals are up 12.8% over the year.
“We have seen indicators of consumer sentiment improve over recent months and we may well be seeing an early sign that this is flowing through to activity on the ground. After two consecutive months where approval numbers slipped back it is pleasing to see a material improvement in February,” said HIA economist, Geordan Murray.
Master Builders Australia chief economist Peter Jones welcomed the improvement in February but expressed concern that a negative trend has developed. 
“Despite the improvement in the seasonally adjusted figures that were buoyed by an unusually high public sector housing figure, a negative trend has emerged in the ‘other’ dwellings sector (units and apartments). 
“The overall negative trend in approvals is very worrying for builders. Despite green shoots and early signs of a recovery, momentum has failed to build," he said.
Dwelling approvals increased in February in South Australia (23%), Western Australia (5.3%), Queensland (3.8%) and Victoria (0.3%) but decreased in New South Wales (-7.7%) and Tasmania (-5.8%) in seasonally adjusted terms. In seasonally adjusted terms, approvals for private sector houses rose 0.5% in February.
However, ANZ also noted the increase was dominated by strong growth in public sector detached house approvals, while private sector building approvals remained subdued (+0.9% month on month).
Private sector house approvals rose in South Australia (9.9%), New South Wales (7.8%) and Victoria (6.3%) but fell in Queensland (-7.7%) and Western Australia (-6.4%).
The value of total building approved fell 3.1% in February, in seasonally adjusted terms, following a rise of 7% in the previous month.
The value of residential building rose 2.5% while non-residential building fell 11%.
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Building approvals up 3.1% in February a "material improvement": HIA

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Austere Melbourne apartment blocks separated from the street and surrounding suburb by imposing podium bases and parking lots are being replaced by developments that engage with their surroundings and create “village hall” community spaces.
Such an approach has been adopted in the design of the <a href="/news">Abbotsford</a> riverfront project on the banks of the Yarra River, a three stage mixed-use residential project by Melbourne-based developer Hamton and designed by architects RotheLowman.
The project, with the first two stages Eden and Haven currently under construction, has deliberately created a public thoroughfare to the <a target="_blank" href="https://www.propertyobserver.com.au/developments/hamton-s-riverfront-homes-the-latest-in-abbotsford-living-as-melbourne-suburb-sheds-industrial-past/2012121858496">Yarra River</a>, incorporating the shops, restaurants and cafes as well as pedestrianised pathways around the site.
As explained by RotheLowman, the design seeks to magnify the experience of transitioning from “grey urban environment to the green river’s edge” and “develops the idea that the architecture and landscape can function as an emulsifier between the fast, frenetic nature of Victoria Street and the calm, tranquil environment of the Yarra River”.
One of the key features of the development is a publicly accessible “pedestrian line between Victoria Street and the Yarra River trail” with the aim of “bringing the tranquillity of the river corridor up to Victoria Street”.
The pedestrian street acts as a place for both the public and residents to meet as well as being the main point of access to each residential lobby.
“Cyclists will also be able to access the Yarra River trail via this street, using bicycle gutters to navigate stairs.”
The project dates back to 2008 and according to Chris Hayton, principle at RotheLowman, included an extensive design process lasting 16 months prior to lodgement of the plans and which sought to collaborate with the local council.
“The council said they would consider allowing the development rise to a greater height in exchange for public amenity,” Hayton tells Property Observer.
He says the idea was to create a new link between Victoria Street and the Yarra River, which included the design of a public space even though it is on private title.
The space has been naturally designed to make visitors or residents want to head down to the river or stay and make use of it during their lunch time.
 
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Hayton says the idea was to create a “spine” with different uses coming off it including restaurants, small cafes, waterfront and offices for lease and purchase with the architectural expression changing to public-use.
No residential is included above this space.
Hayton says design is based around the concept of the “village hall” – a community hub provided by the developer that can be used by the community as they wish.
“We want people from the outside to come in and for the development to interact with the street.
“We don’t want walls of car parking as you get in developments in Southbank.
“The evolution of Melbourne is demanding it. The population is more sophisticated. If they buy or invest they are looking for a place where people will want to go and live, where they are able to walk downstairs to get their milk and where they don’t have to get into their car to kick the footy around.”
He calls it the “milk bar resurgence” and adds that the lessons can be learnt from some of the well-known failings of mixed-use developments at <a target="_blank" href="/news">Docklands</a>.
“If you buy an apartment, it’s not a bad idea to live above shops and offices. It creates a sense of place.”
Hayton says it’s something that’s happening in other cities that are more mature in their development than Melbourne.
“It’s an interesting development time for cities like Melbourne.
“We can’t just expand, growth must occur in different way, without sacrificing quality of life.
“Too often, it may be good pieces of architecture but it is not integrated within the greater context of its immediate site and surroundings,” he says.
The first stage, Eden featuring 214 apartments all of which are sold, is due for completion in 2013.
The second stage, Haven featuring 194 is currently being marketed with apartments currently under construction.
The third stage, due to feature 180 apartments is at the town planning phase ahead of marketing.
The project is being developed by Melbourne developer Hamton with the first two stages being built by LU Simon.
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Abbotsford riverfront project seeks community connection

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Property Bloom is just completing a three-villa development for a client in Muswellbrook. Under this council’s requirements we needed to design one of the villas for people with disabilities. The villa needed to be adapted to ensure that a person with disabilities could live there comfortably.
Some of the requirements included a kitchen bench designed so that it can be lowered, wider hallways, wider doorways with lever handles, wider access to the shower with a small ramp so a chair may be wheeled in, powerpoints located higher on the wall and a ramp with railing at the front for a stepless entry.
When first told of the requirement, our client saw this as a disadvantage, thinking that the villa would be less marketable than the others. However, as we’ve worked through the building of the development, I can see the opposite. This villa looks more spacious and I think the small adaptations will add value to it.
We have an ageing population where at some time in our lives we are going to want to live in easily accessible homes, with no stairs and wider access for our walking frames or wheelchairs. In addition, almost 20% of Australians have a long-term disability. As the Australian population ages, this percentage will increase.
As we age, we want to live independently for as long as possible, so having more <a href="https://www.propertyobserver.com.au/news/australian-housing-still-least-affordable-in-the-world-despite-recent-improvements-fitch/2013010958698" target="_blank">housing</a> specifically designed for the elderly and disabled makes sense. An accessible home is about freedom – freedom to move about with ease and confidence, knowing that regardless of our circumstances we can remain relatively independent.
Too often our homes are not equipped for changing needs, from raising small children, to welcoming or looking after <a href="https://www.propertyobserver.com.au/demographics/how-australia-s-ageing-population-will-affect-residential-development-peter-chittenden/2013011458755" target="_blank">ageing</a> parents, to recovering from a sporting injury and needing to use crutches or simply finding that the stairs are steeper than they used to be.
Designing an accessible home will not only produce a sustainable home but one you could live in comfortably for a lifetime. This could not be more relevant than now. As our demographics continue to change, there will be more demand for such housing.
More people than you might imagine unexpectedly need accessible housing. My husband, for example, recently needed a knee reconstruction after a surfing injury. We have two flights of stairs in our house, which did not make it easy for him. Australia-wide almost 22,000 people annually have orthopaedic knee surgery. My mother has had two hip replacements and so I can see the benefits that a well-designed home can deliver. Even bringing a pram into my house when I had my babies was tricky with our narrow hallway.
When designing, remember to integrate the adaptable housing components, do not isolate them or use a different standard of materials and finishes and the house will look less like a nursing home. This was our concern for the front entrance ramp and so we designed the balustrade to tie in with our slat fencing than go with the one that the draftsman had used on the plan which did look a little hospital-like.
One last thing to consider as well that I hadn’t thought of, even though my uncle is in a wheelchair, was carpet pile heights. Can you imagine trying to wheel through a thick carpet?
Embrace adaptable design and you may just find your developments in high demand.
Jo Chivers is director of <a title="Property Bloom" href="https://www.propertybloom.com.au/" target="_blank" rel="nofollow" style="font-size: 14px;">Property Bloom</a>, which manages property development.
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Ramping up adaptable design for the aged: Jo Chivers

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Land in Clyde North’s newest community – Berwick Waters, 50 kilometres southeast of the Melbourne CBD – will be released this Saturday with allotments starting from $235,000. 
The Macumba land release comprises eight allotments within the Heritage Hills precinct.
<a target="_blank" href="/news">Berwick</a> Waters – an estate by Australand and Mondous Property Australia – is made up of two precincts, Heritage Hills and Waterfront.
The eight allotments range in size from 444 square metres to 545 square metres.
The 310-hectare community estate boasts extensive wetlands, shared walking and bike trails and will be complemented by three proposed state schools and a town centre.
Purchasers of the Macumba land release will be required to pay 5% of the purchase price to secure the allotment.
The median house price in <a target="_blank" href="/news">Clyde North</a>, which grew 0.35% in the quarter to February 2013, is $397,000.
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