Growing national developer Time &amp; Place has announced its fifth new apartment development.

With two projects in Manly and two upcoming in Surry Hills and Potts Point, the developer, which expanded beyond Melbourne just a few years ago, is now heading to Mosman. It is planning 53 new apartments on Redan Street.

The 3,233 sqm site, spanning <a href="https://www.apartments.com.au/new-apartments/40-48-redan-street-mosman-nsw-2088">40–48 Redan Street</a> with frontage to Redan Lane, is located just under 400 metres from Spit Junction Town Centre. It is reported the developer paid around $100 million for the five-site amalgamation.

Time &amp; Place, founded by Tim Price and backed by James Packer’s private investment firm NPACT, has submitted the project as a State Significant Development through the NSW Government’s Housing Delivery Authority pathway.

Of the 53 apartments, 42 will be released to the market, with the remaining 11 allocated as affordable housing in line with NSW Government requirements.

fjc Studio has designed the building. In its Design Report, the architect said the diverse mix of dwelling types and sizes, including 11 two-bedroom affordable housing units, 40 three-bedroom apartments, and two four-bedroom residences, will support a broad demographic, including families, downsizers, and key workers.

The development will rise to nine levels, a height encouraged by the NSW Government due to the site’s proximity to Spit Junction, which has been identified as a low- to mid-rise centre. Developments within a certain proximity to these centres are permitted increased height.

fjc said the project “achieves an appropriate density outcome for its setting by balancing increased housing supply with strong amenity performance,” adding that it “makes a measurable contribution to NSW housing supply targets through the delivery of additional dwellings and dedicated affordable housing.”

The new development will replace five existing two-storey homes.

“By aligning with the objectives of the Housing SEPP and applying careful architectural and urban design principles, the development provides high-quality residential accommodation that integrates sensitively within its established Mosman context and delivers enduring benefits to residents and the wider community.”

Mosman has become increasingly popular with developers in recent years.

Developer Abadeen has been particularly active, with Mosman Residences currently on the market and under construction on Clifford Street. It also has an upcoming Burran Avenue project, comprising just three apartments on the Balmoral Slopes, and recently secured the Midas and Honeysuckle nursery site on Military Road.

Prosker Property has a project on Redan Lane, just a few doors down from Time &amp; Place’s proposed development.

Developers including Toohey Miller, DARE Property Group, and WINIM also have projects underway in the area. In 2024, a five-year target was set for the Mosman LGA to increase housing supply by 500 dwellings by 2029.

Time &amp; Place entered the Sydney market with Two Tides, its under construction Manly development. Given its sales success, it has secured another development in the area, more boutique, facing the beach on North Steyne.

They are hoping to launch their redevelopment of The Chimes in Potts Point this year, and next year will look to take to market Marlborough House, an adaptive re-use of the landmark David Jones warehouse in Surry Hills.

Joel Robinson

Time & Place to take on Mosman apartment market

Brunswick’s civic heart continues to consolidate around the Merri-bek Arts and Culture Precinct, where a growing cluster of cultural institutions, recreation facilities, and public infrastructure has created one of the inner north’s most defined community hubs.&nbsp;

Within this evolving precinct, <a href="https://www.apartments.com.au/new-apartments/saxon-street-by-milieu-brunswick-31-saxon-street-brunswick-vic-3056">Saxon Street by Milieu</a> introduces new housing directly alongside the civic anchors that shape daily life in the suburb.

At 31 Saxon Street, the project sits immediately beside Brunswick Baths and within moments of Brunswick Library and Town Hall, longstanding institutions that support both community services and everyday amenity.&nbsp;

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Next door, the newly delivered Balam Balam Place arts precinct has emerged as a central piece of Merri-bek Council’s cultural strategy, bringing together creative studios, exhibition spaces, maternal and child health services, and community programming in a purpose-built civic facility. Together, these destinations have reinforced the surrounding blocks as a focal point for public life in Brunswick.

This part of <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> forms a key pocket within the suburb’s designated Major Activity Centre, where long-term planning has prioritised walkability, civic investment, and increased housing supply close to transport and services. The surrounding street network reflects that strategy, with compact blocks, established retail corridors and active transport links supporting a lifestyle that is largely navigable on foot.

Within a few minutes’ walk, Sydney Road delivers one of Melbourne’s most recognisable streets, known for its long-running mix of independent retailers, international dining venues and everyday convenience. Tram routes along Sydney Road provide frequent connections south toward the CBD and north through Brunswick and Coburg, while Jewell Station on the Upfield line sits within roughly a ten-minute walk, offering direct train access into the city.

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Active transport also plays a significant role locally. The nearby Upfield Bike Path forms a key north–south cycling corridor linking Brunswick through Parkville and into the central city, reinforcing the area’s reputation as one of Melbourne’s most accessible inner-urban neighbourhoods for cyclists and pedestrians alike.

The surrounding civic cluster extends beyond cultural infrastructure. Siteworks, a nearby creative hub supporting artists and community organisations, adds to the concentration of cultural activity in the immediate area. Educational institutions such as Brunswick North Primary School, Brunswick Secondary College and RMIT’s Brunswick campus are also within easy reach, contributing to the suburb’s diverse resident base spanning families, students and professionals.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/jackson-clements-burrows-architects">Jackson Clements Burrows Architects</a> in collaboration with <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> and landscape architects <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, the nine-level building has been shaped to respond to the surrounding streetscape, with lower levels aligning to the street and upper storeys stepping back to soften its scale and improve solar access.&nbsp;

Curved balcony forms reference nearby heritage architecture, while the development’s public realm improvements include a widened footpath along Saxon Street to strengthen pedestrian connections between the precinct’s civic sites.

Sustainability also underpins the project’s approach. The building is designed to operate entirely on electric infrastructure supported by rooftop solar, with an average 7.5-star NatHERS energy rating and EV-charging readiness across the development. Shared resident amenities will include a landscaped rooftop terrace with barbecue and covered dining areas intended to encourage informal interaction between residents.

Saxon Street marks developer Milieu's fifth project in Brunswick and continues its focus on design-led infill housing across Melbourne’s inner suburbs.&nbsp;

Construction has commenced through reputable builder Manresa, who will complete the project in 2027.

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Saxon Street by Milieu connects residents to Brunswick’s cultural and civic core

Within <a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a>, <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;takes a different approach to larger residences, moving away from the constraints of a single level.

In Grand Residence 3.05, known as the Lustre, plays out across two levels, with a mezzanine configuration that is uncommon in apartment living.

Lustre is a four-bathroom residence where the layout creates a clear distinction between shared and private zones, with uninterrupted views toward the Dandenong Ranges extending the sense of openness from the main living areas.

Entry is to the primary living level, where the kitchen, dining, and living areas are arranged as one continuous space. Timber flooring runs throughout, with a fireplace set within the living zone. Full-height glazing brings in natural light, supported by double glazing that improves thermal performance.

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The kitchen is configured as both a working and social space. A large island bench provides seating, while a walk-in pantry extends storage beyond typical apartment expectations.

Gaggenau appliances, including a 900mm gas cooktop and 600mm oven, are integrated into a layout that connects directly to the adjacent dining and living areas, and outward to the terrace. This balcony includes a built-in BBQ, reinforcing the apartment’s capacity to accommodate larger gatherings without compromising internal space.

A dedicated laundry room, powder room, and a wine cellar area sit discreetly off the main living zone, ensuring that functional requirements are resolved without encroaching on primary living areas. The master suite is also located on this level, designed as a retreat with a walk-through wardrobe and an ensuite that includes double vanities, a bath, and a dedicated dressing table.

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The mezzanine level introduces a second layer of living, rather than simply additional bedrooms. Two large bedrooms with built-in robes are positioned alongside a central bathroom, while a secondary lounge and study area create a self-contained zone suited to children, guests, or extended family. A large storage room further supports long-term usability, addressing a common shortfall in apartment design.

This separation of levels is central to how the residence functions day-to-day. It allows the lower level to operate as the primary entertaining and living space, while the upper level provides privacy and flexibility. The result is closer in feel to a townhouse or standalone home, but with the benefits of apartment living, security, and low maintenance.

[smartcode_project:default project_id=342 project_image_fid=364553]

Candela is close to 80 per cent complete, with Ironside delivering construction ahead of its expected October 2026 completion. The development comprises 58 residences, with a strong owner-occupier profile and a mix of one to four-bedroom apartments and loft-style townhouses.

Candela has exclusive access to private amenities, including a residential lounge and rooftop terrace. A charming café and a lifestyle wellness centre are located on the ground level, designed to foster community connection and extend the living experience beyond individual apartments without competing with the scale of homes like Lustre.

Candela, positioned in the heart of Ivanhoe Village, reinforces the practicality of the address. With a Walk Score of 90, residents are within immediate reach of cafés, retail, parklands, and Ivanhoe Station, while also benefiting from proximity to established schools and healthcare services.

[smartcode_project_cta:default project_id=342]

Inside Lustre: Grand Residence 3.05 at Candela Ivanhoe

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is being shaped around a simple but increasingly rare premise in apartment development: that the built environment should actively support residents’ wellbeing.&nbsp;

Located on the former ABC Studios site on Gordon Street in Melbourne’s south-east, the new neighbourhood sits on an expansive 11,740 sqm site neighbouring the heritage-listed Rippon Lea Estate, whose gardens date back more than 140 years.

Rather than positioning wellness as an add-on amenity, the development integrates it into the physical planning of the site. Architecture by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> is arranged across six low-rise buildings set within extensive landscaping designed by <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, with more than 40 per cent of the land dedicated to gardens and green space. Walking trails, pocket gardens, and mature trees are threaded between buildings, creating a network of green corridors that encourage residents to move through the precinct on foot and spend more time outdoors.

[smartcode_project:default project_id=136535 project_image_fid=288420]

Milieu has intentionally framed these gardens as an extension of the neighbouring Rippon Lea Estate. More than 16,000 new plants will be introduced across the site, with species carefully selected to protect and complement the area’s ecological significance. The approach focuses on strengthening existing environmental conditions while establishing new habitats that support native wildlife, reinforcing the role of the landscape as both an active ecosystem and a defining element of daily life.

A private resident gate will provide direct access to the historic grounds during opening hours, allowing residents to move seamlessly between the development’s landscaped gardens and the estate’s expansive lawns, lakes, and mature trees. The project’s gardens will also be maintained by the same gardeners responsible for Rippon Lea, reinforcing the visual and ecological continuity between the two landscapes.

Complementing the landscape is a dedicated wellness hub designed to support everyday health and recovery. Residents will have access to a gym alongside yoga and Pilates studios, while mineral pools and infrared saunas provide spaces for relaxation and restorative wellbeing. Shared lounges, workshop spaces, and pet care facilities expand the concept of wellness beyond fitness, creating opportunities for social connection and community interaction within the precinct.

Environmental performance is another key component of the project’s wellbeing focus. Elsternwick Gardens will be entirely fossil-fuel-free, with homes designed to operate on renewable electricity rather than gas. Passive design strategies, including cross-flow ventilation, high-performance insulation, and thermally broken double glazing, are intended to maintain comfortable indoor temperatures while reducing energy demand. Solar photovoltaic systems will power common building services, while rainwater harvesting will help irrigate the extensive landscaping across the site.

[smartcode_project:default project_id=136535 project_image_fid=361030]

Milieu Founder and Managing Director Michael McCormack says the scale and setting of the project allowed the team to take a different approach to urban apartment living.

“This site represents a once-in-a-lifetime opportunity to build something truly special,” McCormack says.

“Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Elsternwick Gardens will comprise three residential offerings, Gordon Place, Ripponlea Terrace, and The Garden Pavilion, each designed for owner-occupiers and shaped around high-quality interior design by Woods Bagot, K.P.D.O., and Flack Studio. The first stage, Gordon Place, includes one-, two-, and three-bedroom apartments designed with a strong focus on indoor-outdoor living and sustainability.

[smartcode_project:default project_id=136535 project_image_fid=288412]

Milieu recently appointed <a href="https://www.apartments.com.au/builders/brady-constructions">Brady Constructions</a> to deliver the project, marking a key milestone for the development. The appointment follows the demolition of the former studio buildings on the Gordon Street site, with construction progressing toward the delivery of the nature-led community.

Situated between the established villages of Elsternwick and Ripponlea, the development balances its garden setting with strong urban connectivity. Residents will be within walking distance of cafés, restaurants, and local retail, while nearby train and tram connections provide quick access to Melbourne’s CBD and the beaches of Elwood and St Kilda.

With construction underway and the first residents expected to move in by early 2027, Elsternwick Gardens represents a growing shift in apartment development toward environments that prioritise wellbeing as much as density or location. By placing landscape, sustainability, and shared spaces at the centre of the design, Milieu is positioning the project as a residential neighbourhood where wellness is not just promoted, but built into the structure of everyday life.

[smartcode_project_cta:default project_id=136535]

Elsternwick Gardens' wellness-first design strategy

Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363512]

Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Red & Co unveils amenity-rich Como development in Varsity Lakes

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

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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.

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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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