ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Affordable Homes

Homebuyers can enjoy savings up to $750,000 by adding just 15 minutes to their daily commute.

By readjusting your search a few train stops further from employment hubs and competitive markets, homebuyers can secure a brand-new off-the-plan property for a fraction of the price.

An extra two minutes on the north-west metro line will save buyers $133,500, with the average Rouse Hill unit price at $668,500, while apartments at Positive Investment Enterprise&rsquo;s Schofields development sells from $535,000 for brand-new two-bedroom apartments.

[smartcode_project:default project_id=32227 project_image_fid=93951]

Kew Schofields delivers a balance between privacy and endless opportunity, located in Sydney&rsquo;s fastest-growing region.

It&rsquo;s no surprise that residents hope to live along the new north-west line, which gets commuters from Rouse Hill to Chatswood in a little over half an hour.

However, many buyers are being priced out of apartments in other metro-line suburbs, including Castle Hill, Epping and Chatswood, thanks to growing demand in these areas.

[smartcode_project:default project_id=93223 project_image_fid=152740]

By living 13 minutes further west, <a href="/buildings/rosella-place-stage-1-56-cudgegong-road-rouse-hill">Rosella Place</a> residents can save up to $265,000 on their three-bedroom home, which is offered from $760,000.

This Rouse Hill property is considerably more affordable than the Castle Hill average unit price for three-bedroom apartments, which sits at&nbsp;$1,025,000 according to the REA Group.

On Sydney&rsquo;s Cumberland line, a five-minute train ride towards Leppington lowers one-bedroom apartment prices by $40,000.

[smartcode_project:default project_id=31751 project_image_fid=160996]

One-bedders in Parramatta average at $434,000, according to REA, while Coronation Property&rsquo;s Merrylands development, Mason &amp; Main, offer an affordable apartment at $394,000.

Mason &amp; Main is ideal for investors and young professionals, located in close proximity to the Parramatta CBD and boasting exclusive residential amenities.

Adding an extra 16 minutes of travel time onto your commute into Sydney can save you $253,000 if you swap a two-bedroom apartment in Erskineville for a brand-new apartment at Bloom Arncliffe.

[smartcode_project:default project_id=6201 project_image_fid=89015]

Erskineville apartments average at $952,000, while the two-bedroom apartments at Bloom, which feature a dedicated study room and private entertaining balconies, are on offer for just $699,000.

In the city&rsquo;s inner-suburbs, securing a three-bedroom unit nine minutes from St James Station can wipe a whopping $767,500 off the price of the same size residence in the Sydney CBD.

[smartcode_project:default project_id=30049 project_image_fid=162882]

According to the REA Group, the average three-bedroom apartment in Sydney is $2,307,500, while Mirvac&rsquo;s luxury art-deco inspired residence next to Green Square station is listed from $1,540,000. &nbsp;

The brand-new 121sqm apartment belongs to the Zetland Portland on the Park project, with bespoke curved ceiling details, built-in robes and smart storage solutions.

By readjusting your search a few train stops further from employment hubs and competitive markets, homebuyers can secure a brand-new off-the-plan property for a fraction of the price

max.kwok_55688

How you can save up to $750,000 on a Sydney apartment by adding 15 minutes to your commute

There&#39;s a lot going for the South East Queensland property market, well before the announcement of the 2032 Olympics.

Queensland&#39;s handling of COVID has seen a number of southern state dwellers move north, buying apartments from Brisbane up to the Sunshine Coast.

There&#39;s expected to be further demand in 2022, when international travel opens up and local and international investors get back in to the market.

There was a 20 per cent rise in of new loan commitments by investors in Queensland in the 12 months to March 2021.

Urban has had a look at the best buys across South East Queensland, all under $495,000.

1. Estilo on Kittyhawk 
Address: 91 Kittyhawk Drive, Chermside QLD 4032 
One-Bedroom apartments&nbsp;from&nbsp;$299,000

[smartcode_project:default project_id=6668 project_image_fid=153835]

Apartments in Estilo on Kittyhawk, the second tower in the three building development in Chermside, north of Brisbane and developed&nbsp;by Gardner Vaughan Group, have been released.

The first tower in the project has finished construction and is sold out.

The family-ran developer are luring investors to the second tower with a $25,000 developer grant, as long as the purchasers pay a $25,000 deposit.

Situated right on Marchant Park, Estilo on Kittyhawk sits across the road from Westfield&#39;s premier shopping centre and is just over 10 minutes from the airport.

2. The Mill 
137 Eugaree Street, Southport QLD 4215 
One-bedroom apartments from $485,000

[smartcode_project:default project_id=7435 project_image_fid=153965]

The Mill presents a collection of 27 spacious apartments, thoughtfully designed to appeal to those who value quality, luxury, space and design.

Developed by PSA Group and designed by BDA Architecture, don&#39;t miss the opportunity to live a life of opulence surrounded by everything you need right at your doorstep.&nbsp;

Queen Street Village, a $550 million integrated masterplanned community is already taking shape and once complete will be within walking distance. It will feature an urban village with retail, dining and entertainment, as well as commercial office space, a medical centre and cinema.

3.&nbsp;Regal Residences Imperial Square 
Address:59-73 Meron Street,&nbsp;Southport QLD&nbsp;4215 
One-bedroom apartments from&nbsp;$364,000

[smartcode_project:default project_id=29350 project_image_fid=154910]

Gold Coast developer Azzura have fast-tracked construction of Regal Residences, the first stage in their $2.3 billion Imperial Square development in Southport.

Also featuring 200 hotel suites, local construction company Descon Group Australia is on the job.

Already around half of the 145 apartments in Regal Residences have sold, with Azzura&#39;s sales director Jason Paris pinning the strong sales on the pent-up demand for new product in the city&rsquo;s CBD hub.

Regal Residences will also include a range of commercial spaces on completion, rooftop bars, and amenities such as rooftop infinity pool, steam room, sauna, gymnasium, spas, zen garden, BBQ and a residents lounge.

4.The Coterie 
Address:&nbsp;365 St Pauls Terrace, Fortitude Valley QLD 4006 
One-bedroom apartments from&nbsp;$383,880

[smartcode_project:default project_id=6257 project_image_fid=141425]

Vicland Property Group&rsquo;s two breathtaking apartment buildings at Fortitude Valley offers a modern-day sanctuary in an energised urban village.

A prestigious collaboration by&nbsp;Rothelowman&nbsp;and&nbsp;Bruce Henderson&nbsp;Architects delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings.

Preserving the history of the site, the Coterie integrates an original heritage bakery fa&ccedil;ade and feature a ground-level retail presence.

Residents will also have access to crafted social spaces that come together as two indulgent rooftop retreats, featuring an alfresco dining pavilion, rooftop pool, garden lounge seating and sun decks.

5. Ocean 
Address: &lrm;84 The Esplanade, Surfers Paradise QLD 4217 
One-bedroom apartments from $425,000

[smartcode_project:default project_id=7974 project_image_fid=72337]

The Meriton-developed Ocean at Surfers Paradise will soon be the tallest high-rise in the area, standing at 252 metres and 76 levels, therefore there will be a number of the higher apartments which look down on every building in the popular Gold Coast tourist hotspot.

Each of the SJB-designed apartments are complete with floor-to-ceiling windows, made to take full advantage of its iconic beachfront views.

Properties are available in a selection of one, two or three-bedroom apartment configurations, with one beds starting from $425,000. Prices over the last six months have ranged from $450,000 to $1.4 million.

<a href="/developments/gold-coast-qld?source_news_article_id=102343&amp;ref=news_body_link" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gold_coasttile_6.png" style="width: 1200px; height: 797px;" /></a>

The entry level apartments in the Queensland market are the next wave to be snapped up, as investors continue to come back in to the market 

jordan_55689

Five properties you can buy in Queensland under $495,000

Perth has been lauded by industry experts as a strong market to invest in with booming conditions and strong demand.

Perth values are up 6.7 per cent over the year, according to the CoreLogic national home value index for April.

This is higher than the combined capital&#39;s average, which is up 6.4 per cent.

Perth auction clearance rates sat at an impressive 92.3 per cent last week when compared to 37.5 per cent at this time last year, reflecting the strong demand which looks like it may swamp market supply.

Expected to outperform this year, Urban takes a look at five new Perth apartments that you can secure via Urban today. 
&nbsp;

1. Shenton Quarter, Shenton Park 
Address: Corner of Selby Street and Seymour Avenue, Shenton Park WA 6008 
One-bedroom apartments from $399,000

[smartcode_project:default project_id=26734 project_image_fid=153713]

Developed by Iris Residential, Shenton Quarter delivers 157 light-filled apartments in one, two and three-bedroom configurations in the sought-after Montario Quarter Estate. 
The mix of architecturally designed loft-style townhouses and apartments offer an unrivalled way of living within a vibrant, environmentally-conscious community.&nbsp;

The $140 million mixed-use residential and retail development features spacious balconies and terraces and high ceilings and offers outstanding views.

Designed by Cameron Chisholm Nicol, the project includes a 20-metre pool, residents&rsquo; dining area, children&rsquo;s play area and a stylish outdoor barbeque area. 
&nbsp;

2. Westralia Gardens, Rockingham 
Address: 12 Westralia Gardens, Rockingham WA 6168 
Two-bedroom apartments from $299,000

[smartcode_project:default project_id=26703 project_image_fid=64851]

Featuring 181 residents in one and two-bedroom configurations, Westralia Gardens&rsquo; Lakeview Apartments is the newest project from Yaran Property Group

The development is uniquely located within the manicured grounds of City Park, which boasts two lakes, a children&rsquo;s playground, picnic facilities and stunning water features.

Each apartment boasts split system reverse cycle air conditioning, secure parking and low strata fees, as well as a balcony, modern kitchen and ample storage. 
&nbsp;

3. M/25, Mount Lawley 
Address: 159 Walcott Street, Mount Lawley WA 6050 
One-bedroom apartments from $349,000

[smartcode_project:default project_id=25200 project_image_fid=52750]

M/25, a boutique development with 30 apartments spread over three levels, is delivered by Match and designed by Cameron Chisholm Nicol Architects.

The project&rsquo;s design takes inspiration from Mount Lawley&rsquo;s Federation-style red brick and terracotta homes.

&ldquo;Light flows into the apartments via the landscaped, central courtyard allowing breezes to percolate throughout the building&rdquo;, the project marketing reads. 
&nbsp;

4. Indigo, Subiaco 
Address: 18 Atkinson Street, Subiaco WA 6008 
One-bedroom apartments from $329,000

[smartcode_project:default project_id=8433 project_image_fid=44178]

Delivered by Pindan, Indigo is an 89-resident apartment project, located in the heart of Perth&rsquo;s vibrant Subiaco.

Perfect for downsizers, the property is within walking distance to nature, everyday needs and offers panoramic views of Subiaco and the Commons Park.

Designed by Hames Sharley, the apartments feature open-plan living spaces, large balconies and well-appointed kitchens with built-in storage. 
&nbsp;

5. Arthouse, Joondalup 
Address: 165 Grand Boulevard, Joondalup WA 6027 
One-bedroom apartments from $337,500

[smartcode_project:default project_id=8520 project_image_fid=92515]

Edge Visionary Living&rsquo;s Joondalup residence, Arthouse, is the ultimate place to live, work and play.

Designed by Hillam Architects, the design delivers contemporary architecture, generous balcony space, and a residents&rsquo; lounge.

The development is situated between the recently expanded Lakeside Joondalup Shopping Centre and an array of local retail boutiques.

Expected to outperform this year, Urban takes a look at five new Perth apartments that you can secure via Urban today

May 2021: Five luxury Perth apartments listed for under $399,000

A modernised 91 sqm unit at Lakemba with a lock up garage was Sydney&#39;s cheapest weekend auction sale.

The 1970s apartment came with a storeroom/home office.

The 12/586 Punchbowl Road Lakemba offering was offered through Ray White Punchbowl agents Kamal Ali and Sam Mehedi.

The two bedroom, one bathroom apartment went to auction with a $360,000 price guide.

[smartcode_project:default project_id=24323 project_image_fid=43444]

It was marketed as having a very high rental potential.

It comes with strata fees of $615 per quarter.

&nbsp;

It last sold at $210,000 in 2003, meaning the sale represents a near doubling in value

jchancellor

$408,000 Lakemba apartment ranked as Sydney's cheapest weekend apartment auction outcome

The one bedroom apartment at 306/270 King St, Melbourne was the cheapest auction deal.

The apartment was secured for $330,000.

The price guide from the Brady Residential selling agents was $320,000 to $350,000.

It last sold at $317,500 in 2010.

[smartcode_project:default project_id=89720]

There have been two other one bedroom sales this year at $300,000 and $328,500.

The 61 sqm space was last available for rent in March at a $280 a week asking rental through Micm Real Estate.

It was available last November at $350 a week.

Its peak asking rental was $450 a week in early 2019.

The current rental has slipped back to close to its 2006 asking rent of $275.

The block has 175 apartments.

This year has seen five one bedroom apartments that sought rentals at between $280 and $300 a week.

The one bedroom 306/270 King St, Melbourne was snapped up pre-auction for $330,000

$330,000 sale secures Melbourne's cheapest weekend auction deal

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in Melbourne at an affordable price point.

Urban takes a look at five new developments on the market under $400,000.

1. Live City, Footscray 
Address: 124-188 Ballarat Road, Footscray VIC 3011 
One-bedroom apartments from $350,000

[smartcode_project:default project_id=3565]

Backed by developer R&amp;F Property Australia, the new masterplanned community Live City comprises 208 residences spread across 14 floors. The community is set to deliver over 1,400 apartments across eight buildings.

Designed by Elenberg Fraser, each residence features floor-to-ceiling windows, contemporary interiors and an abundance of natural light.

One-bedroom apartments within the complex sell for an affordable $350,000 – the best value property on this list.

2. Ovation, Footscray 
Address:&nbsp;94 Buckley Street, Footscray VIC 3011 
One-bedroom apartments from $367,500

[smartcode_project:default project_id=5490 project_image_fid=78492]

Ovation is one of the latest Footscray apartment developments to be launched.&nbsp;

Developed by Keystone Property Group, Ovation comprises just 131 apartments in the contemporary KUD Architects-designed building on Buckley Street.

Each first home buyer who buys an apartment in the development <a href="/news/vic/first-home-buyers-at-ovation-footscray-given-free-car-on-purchase">gets a free car worth $25,000</a>.

3. Folia, Doncaster 
Address: 59 Stables Circuit, Doncaster VIC 3108 
One-bedroom apartments from $400,000

[smartcode_project:default project_id=22584]

The newest chapter of Mirvac’s Apartments of Tullamore, Folia offers residents sustainable living from an entry price point of $400,000.

Offering 102 one, two and three-bedroom residences, the project boasts an curved façade designed by Mirvac’s in-house design team, greenery-fringed balconies and a rooftop conservatory.

The development has earned a six-leaf EnviroDevelopment accreditation, the highest available in Australia, thanks to its sustainable features, such as a 70kWh solar panel array, battery storage and integrated water management plan.

4. Liberty One, Footscray 
Address: 1 Warde Street, Footscray VIC 3011 
One-bedroom apartments from $396,000

[smartcode_project:default project_id=709]

Liberty One, a Footscray development by Bensons Property Group, features 350 one and two-bedroom apartments from an affordable $396,000.

Designed by CHT Architects, the functional design boasts floor-to-ceiling windows, open-plan living space and private balconies, as well as amenities including a residents’ lounge, gym and outdoor cinema.

First home buyers will save even more with the HomeBuilder grant and stamp duty incentives, with potential savings exceeding $23,000.

5. M-City, Clayton 
Address: 2107 Dandenong Road, Clayton VIC 3168 
One-bedroom apartments from $371,300

[smartcode_project:default project_id=528]

Delivered by Schiavello, the masterplanned M-City offers 460 residences across four buildings. The first building, M1, sold out within 14 days, reflecting the attractive investment opportunities the residences present for first home buyers and seasoned investors alike.

Designed by Buchan Group, the apartments include smart design features, private balconies and an abundance of light.

M-City delivers on its promise of resort-style amenities, boasting a community childcare centre, luxury outdoor pool, tennis court, gym and pharmacy at an entry price of $371,000.

Urban takes a look at five new developments on the market under $400,000.

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