Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

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

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

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.

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

apartment

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A 1970s Lakemba apartment was Sydney’s cheapest auction sale at $355,000.
It was a mortgagee sale.
The Yerrick Road unit features two bedrooms, a bathroom, and a small balcony.
There is 69 square metres of internal floorspace, plus a secure car space.
It last traded in 2005 when sold for $170,000, but had traded slightly higher in the 2003 boom at $184,000.
Danny Hassen, from The Agency Inner West, sold the property.
The second mortgagee was Magnolia Capital, who are substantial shareholders in The Agency.
Lakemba’s median unit price is $375,000, according to realestate.com.au, with 92 sales over the past year.
Some recent years have seen as many as 300 units sold annually within the suburb.
Based on the last five years of sales, Lakemba has seen a compound price growth rate of 2.1% for units.
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wdavis-8cCN98p7xp

Lakemba mortgagee sale was Sydney's cheapest

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A stylish West Footscray unit sold for $216,000 was Melbourne's cheapest auction, after being listed with a $190,000 to $209,000 price guide.
The ground-floor apartment, at 29/132 Rupert Street, features one bedroom and bathroom, plus off-street parking. 
Located just 10km from the CBD, the 1970s-built home last traded in 2005 for $112,000.
West Footscray's median unit price is $455,000.
Deon Dardha, from Hockingstuart Yarraville, sold the property. 
 
 
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West Footscray apartment is Melbourne's cheapest

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Queensland’s housing market has fared better than that in most other states, although it is still not immune to the nationwide downturn, according to the latest data from Moody's Analytics.
The Queensland property market consists of three distinct groups.
The first region constitutes the bulk of Brisbane, which has experienced healthy growth up to 2018 because of the improved services sector — but now is experiencing a moderate correction, though prices are expected to recover next year, especially for apartments. 
The contrast between apartment and house values is most evident in Brisbane-North, where house prices are expected to grow 0.4% in 2020, while apartment prices are set to rise by 6.2%; there is a similar spread for other regions in Brisbane and Greater Brisbane.
Consequently, apartment prices are expected to perform better than house prices for Brisbane (and Greater Brisbane) in the medium term.
Moody’s Analytics forecasts house values to underperform throughout the forecast period, while apartment prices are expected to grow faster after a trough in late 2019 to early 2020.
This is reversal of trend between the two asset classes from the past few years
<img src="https://www.urban.com.au/images/2019/10/28/QLD%20Moodys.JPG" alt="">
Katrina Ell, Economist, Moody’s Analytics said: "The effects of a higher supply of houses in the pipeline as well as muted income and employment growth mean that house and apartment values in Brisbane-South will contract by 3.5% and 2.6%, respectively, in 2019, though the area’s prospects for apartment prices in 2020 are better.
"In Greater Brisbane areas such as Ipswich, dwelling prices are suffering after heavy falls in apartment values in 2018, following a period of oversupply.
"The second housing area comprised of ‘lifestyle areas’ including the Sunshine Coast, Wide Bay and Cairns, are generally expected to perform better over the forecast period.
"The third housing market region in Queensland comprises commodity or agriculture-producing areas. These include Central Queensland, Mackay-Isaac-Whitsunday, and Darling Downs-Maranoa.
"Housing markets here have seen significant value declines over the past few years partly as a result of the end of the mining boom.
"This year’s uptick in commodity prices and tourism has seen recoveries in areas such as Mackay. However, areas that are more agriculturally geared are forecast to suffer continued declines on the back of drought conditions."
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j.ballantyne1990-6AQqhLzZaK

Brisbane apartments look to flip the script and outperform houses: Moody's Analytics

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EcoWorld International’s 40-level apartment tower ​West Village, ​located in Sydney’s growth corridor, reaches 95 per cent in sales as construction nears topping out.
Said to be one of the tallest residential buildings in Parramatta, West Village will feature 398 apartments.
A majority of the apartments will boast panoramic views towards the Sydney Harbour Bridge, Blue Mountains and the CBD.
Designed by world-class design firm Woods Bagot and featuring landscaping by Myles Balwin, West Village has secured a 95 per cent success rate.
It has close proximity to Westfield Parramatta and the train station, as well as a wide selection of trendy restaurants, bars and boutiques cafes.
EcoWorld International Australia’s CEO Yap Foo Leong ​said the location was a key driver for many buyers combined with the unique development of West Village.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/11/WestVillageParamatta_S130_EXT_HeroLookUp%20-%20Final%202000.jpg" alt="">
"Parramatta truly suits our hallmark for rolling out quality developments in prime locations that can cater to the local needs of the residents and the success West Village has experienced confirms the prediction that Parramatta is set to become the new CBD.”
The development features sustainable, innovative initiatives with lush planting and vegetated areas, as well as rainwater collection and reuse tanks.
West Village offers luxury light-filled apartments with grand balconies with residential amenities including a rooftop viewing platform overlooking the Harbour Bridge complete with BBQ facilities, a virtual golf room, a piano room and a sky garden.
On the ground floor across three street frontages, West Village will feature ground-floor retail and alfresco dining precinct with restaurants and cafes.
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Only 25 apartments remain including a selection of three-bedders priced from $1.26m, two-bedders priced from $820,000 and one-bedders priced from $630,000.
West Village is EcoWorld International’s first Sydney project, with Melbourne project Yarra One also under construction
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West Village, Parramatta secured 95% in OTP sales topping out nears

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GUEST OBSERVATION
Most new apartments were not designed with families in mind and parents of young children can struggle to make social connections. 
Newer high-rise developments in Australia’s inner-city areas are increasingly home to parents raising young children. In the <a href="https://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/2071.0%7E2016%7EMain%20Features%7EApartment%20Living%7E20" target="_blank">2016 Census</a>, family households represented nearly half of apartment residents. Close to one in ten children aged 0-4 live in apartments in Australia.
<a href="https://www.sciencedirect.com/science/article/pii/S1353829218311572?dgcid=author" target="_blank">Our research</a>, recently published in <a href="https://www.sciencedirect.com/science/article/pii/S1353829218311572?dgcid=author" target="_blank">Health and Place</a>, explored parents’ experiences of raising preschool-aged children in newer, private high-rise apartments. The parents experienced a range of barriers to making social connections both within their developments and with the surrounding community.
This reflects the fact that most newer high-rise dwellings in Australia have been developed for residents without children. Several studies indicate that this leads to <a href="https://www.tandfonline.com/doi/abs/10.1080/08111146.2012.663729" target="_blank">potential issues</a> for families raising children in high-rise settings, including <a href="https://journals.sagepub.com/doi/10.1177/0308518X16645104" target="_blank">social connectedness</a> among older schoolchildren.
Apartment living through parents’ eyes
Our study used <a href="https://www.propertyobserver.com.au/https://www.ncbi.nlm.nih.gov/pubmed/9158980" target="_blank">Photovoice</a> to explore parents’ experiences of raising children in apartments in the City of Yarra, Melbourne. Apartments represent <a href="https://quickstats.censusdata.abs.gov.au/census_services/getproduct/census/2016/quickstat/LGA27350" target="_blank">46% of available housing</a>) in this inner-city municipality. Parents took ten photographs of the positive and challenging aspects of apartment living.
We then used these images to guide both individual and group interviews. Parents recognised that the shared experiences of raising a young child in the City of Yarra fostered social connections, particularly at mothers’ groups and local parks. One parent explained: 
"So this is my mothers’ group … It’s such a great community to have. I mean we’re kind of a close group now and we’ve just spent the last year growing our kids together … there was people from all different walks of life … and the only thing connecting us is just that we had a child in Yarra at the same time …"
<a href="https://images.theconversation.com/files/285922/original/file-20190728-43149-ts7h0p.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/285922/original/file-20190728-43149-ts7h0p.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
The mothers’ group: ‘we’ve just spent the last year growing our kids together’.
But parents felt that space constraints in high-rise developments limited opportunities for play dates between children. The connections parents developed were also lost when other families planned to leave the community, or had already left, in search of larger homes and outdoor space.
The design of developments did not encourage incidental social interaction with neighbours either. One parent captured this in a photograph titled “Hallway of death”.
<a href="https://images.theconversation.com/files/285923/original/file-20190728-43130-1nyypcn.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/285923/original/file-20190728-43130-1nyypcn.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Hallway of death: ‘you cannot stand and have a conversation there’.
"It’s a nothing space, right? … You cannot stand and have a conversation there, you feel weird … cos you’re in the vortex of death … and if it was a nice space we might go out and he could crawl and that might make people stop and maybe we’d get to know the other people living on the floor …"
The closeness of apartments was also problematic. On one hand, parents wanted to connect with their neighbours. On the other hand, they were concerned about overstepping others’ boundaries, particularly when neighbours were often short-term renters without children. One parent’s photograph, “Close proximity but anonymous”, captured this.
<a href="https://images.theconversation.com/files/285924/original/file-20190728-43153-392znk.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/285924/original/file-20190728-43153-392znk.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
Close but anonymous: ‘it’s anonymous and there’s a lot of turnover’.
"… despite being so close to each other there is a huge level of anonymity … It would be nice to not feel that we might be being disruptive or people are forming judgments about us based on what they see … And because it’s anonymous and there’s a lot of turnover you never really form relationships with people to know what they’re really thinking, so you second-guess it …
"Everyone wants some privacy and maybe when you’re right on top of each other you feel like you’ve got to guard your privacy, but my preference would be for it to be a little more connected than it is."
Families need social support
Parents of preschool-aged children often experience <a href="https://www.sciencedirect.com/science/article/pii/S1040260812000512?via%3Dihub" target="_blank">changes in their social networks</a> at the same as they feel an <a href="https://www.tandfonline.com/doi/abs/10.1080/08111146.2014.969399" target="_blank">increased need for social support</a>. Connections also need to be <a href="https://journals.sagepub.com/doi/10.1068/a41377" target="_blank">closer to home</a>, due to the “place-anchoring” nature of young children and use of local services.
Not having strong social connections with other parents, whether within their own high-rise development and/or the local community, is therefore a problem. It could lead to feelings of loneliness and isolation. These could, in turn, contribute to <a href="https://www.emerald.com/insight/content/doi/10.1108/HCS-11-2013-0021/full/html" target="_blank">psychosocial and health issues for parents</a> and <a href="https://onlinelibrary.wiley.com/doi/abs/10.1111/j.1468-2397.2006.00575.x" target="_blank">poorer health, well-being and education outcomes for children</a>.
What could help?
Recent <a href="/news">Victorian apartment design guidelines</a> briefly acknowledge the importance of ensuring accessibility for families with young children. However, much more can be done to support families in inner-city high-rise developments. This includes fostering social connections.
Local governments can provide further social events in their communities, create infrastructure in parks and playgrounds to encourage families to gather for longer, and require developers to <a href="https://www.tandfonline.com/doi/full/10.1080/23748834.2018.1483711" target="_blank">adopt more family-friendly design guidelines</a> than currently apply.
Developers could also provide more favourable communal spaces inside dwellings for interaction to occur. Body corporate organisations could encourage longer-term leases that allow for the extended tenure needed for residents to form stronger connections.
Guidelines, including in regards to noise, could also be made more flexible to accommodate the increasing number of families with young children taking up residence.
The study was carried out with <a href="https://theconversation.com/profiles/fiona-andrews-525649">Dr Fiona Andrews</a> from the School of Health and Social Development, Deakin University.<img src="https://counter.theconversation.com/content/120983/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Elyse Warner, Lecturer in Health and Social Sciences, Deakin University
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/apartment-life-for-families-means-living-at-close-quarters-but-often-feeling-isolated-too-120983" target="_blank">original article</a>.
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Apartment life for families means living at close quarters, but often feeling isolated too: Elyse Warner

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Based on Urban data, these are the top 5 suburbs in the country with the most development listings available on our site per state and are amongst some of the most viewed by users. 
As activity centres expands and housing affordability fluctuates, these Australian suburbs have one major thing in common, they are booming.

 

<h2><a href="/developments/footscray-vic-3011">FOOTSCRAY, VICTORIA</a></h2>

The inner West suburb of Footscray in Melbourne, Victoria, is seeing unprecedented growth as a major activity centre and cultural hub. Footscray’s population of 20,000 people is set to almost double in the next decade and comprises of Vietnamese, Italian, Chinese, Sudanese, Ethiopian and Sri Lankan migrants with Victoria’s fourth highest proportion of residents born in South-East Asia.  
The developing suburb is a hub of creativity, culture, music and international cuisine and has been chosen as a major activity centre for the Western suburbs of Melbourne. Median housing prices are at $845,000 with median rent costs at $470 per week.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/victoria_one_footscray.jpg" rel="gallery-all" title="Rendering of Victoria Square, Footscray by Kavellaris Urban Design and Developer Growland."><img alt="" class="image-article-full-width-580px" height="435" src="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/victoria_one_footscray.jpg" title="Rendering of Victoria Square, Footscray by Kavellaris Urban Design and Developer Growland." width="580"></a>

<figcaption>Rendering of Victoria Square, Footscray by Kavellaris Urban Design and Developer Growland.</figcaption></figure><a href="/buildings/victoria-square-8-hopkins-street-footscray">Victoria Square</a> is among many of the developments springing up in Footscray and is led by Developers <a href="/developers/growland-group">Growland</a> with 939 dwellings across six buildings. 
Blending into the community fabric of Footscray, Victoria Square will become a new destination for laneway dining with 3000sqm dedicated to cafes and restaurants to be enjoyed by the public. 
The complex features world class amenities such as Australia’s first above ground 400m arterial running track, a resident’s cinema, games rooms, gymnasium, lap pool, private lounge and dining rooms and a sky garden connecting the towers, creating an engaging community amongst the residents.

Prices: 
1 bed, 1 bath, 0 car - $385,000

2 bed, 1 bath, 1 car - $540,000

3 bed, 2 bath, 1 car - $599,000

 

<h2><a href="/new-apartments/liverpool-nsw-2170">LIVERPOOL, NEW SOUTH WALES</a></h2>

Set to become one of Sydney’s third biggest CBD’s, Liverpool is developing strong economic and residential opportunities within the heritage structure of the city centre. 
With a population of over 28,000, the Western city is one of the oldest settlements in Australia with strong community engagement. 
Less than 30% of Liverpool’s population were born in Australia, creating a multicultural environment to which thrives by the Georges River. 
The median housing price in Liverpool is $729,000 with a weekly advertised median rent at $450 with over half of Liverpool residents living in apartments and units.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_foundry_liverpool.jpg" rel="gallery-all" title="Rendering of The Foundry by SJB Architects."><img alt="" class="image-article-full-width-580px" height="390" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/the_foundry_liverpool.jpg" title="Rendering of The Foundry by SJB Architects." width="580"></a>

<figcaption>Rendering of The Foundry by <a href="/architects/sjb-architects">SJB Architects</a>.</figcaption></figure><a href="/buildings/the-foundry-32-34-shepherd-street-liverpool">The Foundry</a> is one of the many developments setting a precedent for inner city centre expansion and with rezoning change to mixed use in 2018, Liverpool is inviting improvements to underutilised and undeveloped sites across the city. With 198 dwellings across 17 floors, the building also features a double height lobby, a landscaped central atrium, private rooftop garden and pool with city and rivers edge views. 
The building is incorporated into the Paper Mill development which is comprised of multiple buildings along the Georges River in the city centre surrounding the 150 year old heritage listed Paper Mill building which will become the new cafe and dining quarter.

Prices:

1 bed, 1 bath - $497,000 to $601,000

2 bed, 2 bath - $580,000 to $704,000

 

<h2><a href="/new-apartments/brisbane-qld">SOUTH BRISBANE, QUEENSLAND</a></h2>

South Brisbane is one of the busiest riverfront suburbs of Brisbane home to the Queensland Museum, Streets Beach, a giant ferris wheel and offers culture, galleries, science exhibits, a vast promenade nightlife and weekend markets. Home to over 8,000 residents and tens of thousands of daily and nightly visitors, the suburb is an important destination connected by the Victoria Bridge to Brisbane CBD.

With a median age population of 30 years old, South Brisbane retains its heritage charm and vibrancy with a large amount of big name developments jumping across the river for the waterfront lifestyle and tropical cultural charm. 
Median unit and housing rents are at $510 per week with a median housing price of $994,000. 
Most residents live in apartment dwellings which have a median price of $447,000.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_standard_south_brisbane_woods_bagot.jpg" rel="gallery-all" title="Rendering of The Standard by Woods Bagot"><img alt="" class="image-article-full-width-580px" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/the_standard_south_brisbane_woods_bagot.jpg" title="Rendering of The Standard by Woods Bagot" width="580"></a>

<figcaption>Rendering of The Standard by Woods Bagot</figcaption></figure><a href="/architects/woods-bagot">Wood Bagot</a>’s architecturally designed apartment tower, <a href="/buildings/the-standard-13-17-manning-street-south-brisbane">The Standard</a> is South Brisbane’s latest development standing 105 metres above ground level and comprising of 261 new one, two and three bedroom dwellings. 
The cylindrical tower includes such amenities as a rooftop pool, private dining rooms, theatre, a 240sqm fitness centre, rooftop wine bar, coffee lounge, a spa and wellness centre with sauna and three complementary Tesla vehicles for exclusive resident use.

Prices start at $500,000 for a one bedroom and can range up to $1,200,000 for a penthouse.

 

<h2><a href="/developments/belconnen-act-2617">BELCONNEN, ACT</a></h2>

Belconnen is the inner city suburb of Canberra with a metropolitan population of over 96,000 people. 
With Canberra City Centre’s restricted height and development laws, Belconnen is a designated sub-city which in recent years has developed into a mixed used activity precinct with 40% of residents born outside Australia, the sixth highest for any Canberra suburb.

Surrounding the Ginninderra Lake, Belconnen is home to the John Knight Memorial Park, a 300 store Westfield and the University of Canberra. 
Belconnen remains one of the most affordable districts in Canberra with a median house price of $431,000 and a median weekly rent amount of $410.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/high_society_belconnen_geocon.jpg" rel="gallery-all" title="Rendering of High Society Apartment towers designed by Fender Katsalidis"><img alt="" class="image-article-full-width-580px" height="326" src="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/high_society_belconnen_geocon.jpg" title="Rendering of High Society Apartment towers designed by Fender Katsalidis" width="580"></a>

<figcaption>Rendering of High Society Apartment towers designed by <a href="/architects/fk-australia">Fender Katsalidis</a></figcaption></figure>The <a href="/buildings/high-society-1-grazier-lane-belconnen">High Society Apartments</a> are one of Belconnen’s recent development that showcases the large amount of growth happening in the suburb.  
Designed by Fender Katsalidis, the two 27 storey towers rise with sweeping uninterrupted views of Lake Ginninderra and Greater Canberra and comprise of 541 apartment dwellings ranging between one, two and three bedrooms. Residents will be able to enjoy a rooftop park, barbeque area, wine cellar and cinema. The development also features a 135 room hotel on site which will establish Belconnen City Centre as the major destination it is becoming.

Prices: 
1 bed, 1 bath - $345,900

2 bed, 1 bath - $439,400

3 bed, 2 bath - $692,400

 

<h2><a href="/developments/adelaide-sa">PORT ADELAIDE, SOUTH AUSTRALIA</a></h2>

Approximately 14 kilometres from the Adelaide CBD sits Port Adelaide, a suburb that once was Adelaide’s most important and main supply link for the city and is now becoming a site for urban renewal. 
Traditionally a working class suburb, much is maintained in terms of the heritage and long standing public pubs and bars that line St.Vincent and Lipson Street. 
As one of the oldest settlements in Adelaide, the cultural significance of Port Melbourne is shown through its characteristic taverns and buildings, built in the late 1800’s as well as the vast amount of museums. 
Museums include the National Railway Museum, South Australian Maritime Museum, Aviation Museum, Austbuilt Maritime Museum and the Australian Museum of Childhood. 
Port Adelaide’s median housing prices range in the $570,000 range with a weekly median rent of $388.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dock_one_port_adelaide.jpg" rel="gallery-all" title="Rendering of Dock One Townhomes by Starfish Developments"><img alt="" class="image-article-full-width-580px" height="343" src="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/dock_one_port_adelaide.jpg" title="Rendering of Dock One Townhomes by Starfish Developments" width="580"></a>

<figcaption>Rendering of Dock One Townhomes by <a href="/developers/starfish-developments"">Starfish Developments</a></figcaption></figure><a href="/developments/port-adelaide-sa-5015">Dock One</a> is just one of the many developments happening in the Port Adelaide area, and it is quite a large one with 750 planned townhomes and apartments all ranging two and three bedrooms across one to five levels. 
The architecture, designed by <a href="/architects/enzo-caroscio-architecture">Enzo Caroscio</a> embraces the city’s heritage character and is very much inspired by local history, culture and art. With waterfront or park facing views, residents will be able to enjoy the best of both worlds and its close proximity to the bustling working class heritage centre of Port Adelaide.

As well as a vast landscape for residents to connect and socialise, the development will also refurbish waterfront heritage buildings that need repair.

Prices can range between $400,000 to $650,000.

 

<h2><a href="/developments/perth-wa">PERTH CBD, WESTERN AUSTRALIA</a></h2>

Perth has a vast array of developing suburbs but one that will see the most change will be its very own central district. The Perth CBD the city’s largest economic and cultural hub with facilities such as the Art Gallery of Western Australia, the State Library of Western Australia, the State Theatre Centre, The Perth Concert Hall and many more.

Perth CBD is home to just over 10,000 residents which is set to triple in the next decade as infill apartment development by the waterfront has encouraged an influx of movement and growth. 
To accommodate this growth, Perth has turned to revitalising the waterfront with Elizabeth Quay, creating Perth Link, a development on the edge of the city that features the new Perth Arena and strengthening its retail and commercial hub.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_towers_at_eliz_quay_fart_east_consortium.jpg" rel="gallery-all" title="Rendering of the almost completed Towers at Elizabeth Quay by Far East Consortium."><img alt="" class="image-article-full-width-580px" height="290" src="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/the_towers_at_eliz_quay_fart_east_consortium.jpg" title="Rendering of the almost completed Towers at Elizabeth Quay by Far East Consortium." width="580"></a>

<figcaption>Rendering of the almost completed Towers at Elizabeth Quay by Far East Consortium.</figcaption></figure><a href="/buildings/the-towers-at-elizabeth-quay-11-barrack-square-perth">The Towers at Elizabeth Quay</a> are part of the grand urban renewal project set to attract over 12 million visitors annually. The development includes two residential towers, the first Ritz Carlton for Perth and a vibrant waterfront with water park, green space and new connecting bridges.

Located at the head of the precinct, the towers stand as the gateway jewel to the CBD. 
With 379 residential dwellings across two <a href="/architects/cottee-parker-architects">Cottee Parker</a> designed towers, residents will be able to take advantage of full panoramic views of the city and water. Amenities include a pool, gym, cycle cafe, restaurants at ground level, roof gardens and amphitheatre which will host much of the public events around the quay.

Prices: 
1 bed, 1 bath - $793,000

2 bed, 1 bath - $1,283,000

3 bed, 2 bath - $2,541,000

 

 

 

 
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Nick Dante

Booming Australian Suburbs according to Urban

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As the City of Melbourne declares a climate emergency, we are seeing a rise in environmentally conscious and human-centric developments as residents yearn for a sustainable future. 
Here are five new developments across Australia implementing water, energy and waste efficiency into their buildings and providing residents with facilities to alleviate our car dependency.

<h2><a href="/buildings/west-end-185-rosslyn-street-west-melbourne">WEST END, WEST MELBOURNE</a></h2>

<figure><a href="/buildings/west-end-185-rosslyn-street-west-melbourne"><img alt="" class="image-article_full_width_580px" height="280" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/image_39.jpg?itok=kumCn2h9" title="Rendering of West Melbourne's West End by cht architects" width="580"></a>

<figcaption>Rendering of West Melbourne's West End by cht architects</figcaption></figure>Located in one of Melbourne’s emerging urban renewal precincts, West End in West Melbourne combines five apartment buildings and one hotel into a community structure separated by vibrant laneways and tree lined pathways. 
The urban sanctuary comprises of 377 apartment dwellings, laneways with restaurants, bars, cafes and a supermarket with fresh produce store, day spa, medical centre, 24/7 pharmacy, gym, pools, private cinema, wine storage, public art galleries and public parks.

West End is a leading example of new sustainable projects in Melbourne with each building within the precinct designed specifically with affordability, comfort, community or downsizing in mind. <a href="/architects/carr-design">Carr Design Group</a>, Hecker Guthrie, <a href="/news/urban-com-au-profiles-10-of-melbourne-s-top-luxury-apartments">Mim Design</a> and <a href="/architects/six-degrees-architects">Six Degrees</a> all collaborate with <a href="/architects/cht-architects">CHT Architects</a> to create West End with people and the environment in mind. 

[smartcode_project:default project_id=1983]

The open park and laneways lined and landscaped with native trees and shrubs encourage residents to walk and engage with active lifestyles. With 200 bicycle spaces and integrated community spaces, West End demands to reach a 5 star Energy Rating as well as providing residents with the tools to continue their connectivity beyond the complex.

More than 83 per cent of <a href="/news/melbourne-s-largest-inner-city-apartment-west-end-commences-construction">City of Melbourne</a>’s residents live in apartments. Each year apartment living contributes to:

<ul>
<li>22 per cent of the city’s water usage</li>
	<li>Nine per cent of Greenhouse Gas emissions</li>
	<li>More than 20,500 tonnes of waste</li>
</ul>
<h2><a href="/developments/sydney-nsw-2000">QUAY QUARTER TOWER, SYDNEY CBD</a></h2>

<figure><a href="/developments/sydney-nsw-2000"><img alt="" class="image-article_full_width_580px" height="387" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/quay_1.jpg?itok=UHa17KJv" title="Quay Quarter's rooftop garden, rendering by 3XN" width="580"></a>

<figcaption>Quay Quarter's rooftop garden, rendering by 3XN</figcaption></figure><a href="/architects/3xn">3XN</a> along with local partner <a href="/architects/bvn-architecture">BVN</a> and Arup bring Quay Quarter Tower to Sydney’s CBD, a mixed use vertical village that rises 200 metres above the iconic Harbour. 
The large open space atriums within the tower connecting all stacks to each other provide a sense of community with visual transparency offering social interaction amongst people.  
The design of the tower incorporates ⅔ of the existing structure on site. The existing AMP centre was in much need for a revamp so the team at 3XN, BVN and Arup found a solution to incorporate its shell and core into the new tower.

Retaining the old core and recycling the facade and remainder of the floor plates to create 45,000sqm of new floor space will save 10,000 Sydney to Melbourne flights worth of carbon. 
As the new building rises, it rotates in five stacks enhancing views and maximising light for all workers and residents within the building and on street level. Rotating the tower has also been beneficial to providing exterior terraces and communal park spaces for visitors, immediately enhancing the quality of interaction city dwellers have with their environment by providing much needed green space.

The tower is targeting 6 Star Energy rating as the facade’s sun shading hoods eliminate the need for blinds and the electricity to run lights during the day time. With residents and workers becoming more environmentally conscious, the tower becomes a highly desired place to work and live. 
“We’ve found this green correlation is very popular with the market, leading to higher demand for green buildings, low vacancy rates and better returns,” - Chris Nunn, head of sustainability, AMP Capital Investors.

<h2><a href="/buildings/east-brunswick-village-3-bluestone-way-brunswick-east">EAST BRUNSWICK VILLAGE, MELBOURNE</a></h2>

<figure><a href="/buildings/east-brunswick-village-3-bluestone-way-brunswick-east"><img alt="" class="image-article_full_width_580px" height="294" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/1419_gabrielsaunders-bancogroup-villageavenue-ext-similar_1.jpg?itok=vpbq5fMD" title="Rendering of EBV East Brunswick Village" width="580"></a>

<figcaption>Rendering of EBV East Brunswick Village</figcaption></figure>EBV, East Brunswick is a development that has been designed with sustainability, quality of life and environmental consciousness at the forefront. During the first construction phase alone, 15,000 trucks worth of material have been recycled from the site that has helped create rock products, road bases with recycled concrete and recycled bluestone for pavements. 
An average of 7.5 Nationwide House Energy Rating Scheme NatHERS will be achieved with smart metering, LED lighting and appliances installed with automatic controls, occupancy detectors, daylight sensors and programmable timers. Double glazing and rooftop Solar panels lessens the need for energy usage throughout winter.

Drought tolerant and native plants have been used for landscaping of the project to minimise water usage as there will also be rainwater tanks for flushing, a highly efficient gas centralised hot water system and smart metering so that residents can accurately monitor energy and water consumption. Recycling facilities within the precinct provide healthy waste management and with good access to public transport, residents are encouraged to use the large amount of bike racks, flexi car pods, charging stations for electric vehicles to promote walkable, green neighbourhoods.

As well as rooftop gardens and children's playground, residents will enjoy the apiary, maintained by a qualified bee keeper, providing free local honey. 

<h2><a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 QUEEN STREET, BRISBANE</a></h2>

<figure><a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane"><img alt="" class="image-article_full_width_580px" height="364" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/queen_st_0.jpg?itok=Sx-lWZtU" title="Rendering of 443 Queen Street by Architectus" width="580"></a>

<figcaption>Rendering of 443 Queen Street by Architectus</figcaption></figure>The 185 metre Architectus and <a href="/architects/woha">WOHA</a> designed tower gracing the Brisbane river waterfront offers more than just spectacular, uninterrupted views of the iconic city. 
443 Queen Street will be Australia’s first building to achieve a Generosity Index of 80 and Green Plot ratio of 197% with naturally light filled foyers, lobbies, and ventilated gardens throughout the tower. 
The tower embraces sub-tropical living with overhanging native plants over the podium balconies and a garden environment for each and every apartment. With a structure that resembles a living, breathing organism in a sub-tropical climate, it responds to its natural environment by catching the breeze and shade from the sun with a smart, calculative designed facade. 
The 264 high quality residential apartments enjoy natural green ventilation through a carefully thoughtful sealed square floor plan and will achieve a 5 star energy rating when completed in late 2020.

“443 Queen Street is about shading, sheltering, greenery and sustainability - a building that ‘breathes’ with natural ventilation and light” - Adrian Pozzo, CEO <a href="/developers/cbus-property">Cbus</a> Property.

<h2><a href="/new-apartments/lt-miller-nightingale-55-nicholson-street-brunswick-east">LT.MILLER, BRUNSWICK EAST</a></h2>

<figure><a href="/new-apartments/lt-miller-nightingale-55-nicholson-street-brunswick-east"><img alt="" class="image-article_full_width_580px" height="266" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/lt_miller_1.jpg?itok=epJDeLd_" title="Lt. Miller's rooftop garden, rendering by Gabriel Saunders for ClarkeHopkinsClarke" width="580"></a>

<figcaption>Lt. Miller's rooftop garden, rendering by Gabriel Saunders for ClarkeHopkinsClarke</figcaption></figure>The set of boutique apartments located in Brunswick East, Melbourne, offer a 100% fossil fuel free environment with a 7.5 NatHERS Rating average. 
Electricity will be supplied by an embedded network which will use a variety of renewable sources to power all apartments as well as common areas. Lobbies and corridors will be naturally ventilated with plants on every level and a 20,000 litre water tank to collect rainwater to assist in irrigating the natural surrounding landscape.  
Designed by <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke</a>, in collaboration with <a href="/architects/breathe-architecture">Breathe Architecture</a> and developed by <a href="/developers/lucent-capital">Lucent Capital</a> and <a href="/developers/nightingale-housing">Nightingale Housing</a>, the boutique apartment building has a specific environmental approach within the design, becoming yet another important socially and environmentally conscious complex within Melbourne. With amenities such as a garden rooftop, integration and social interaction between residents is encouraged which greatly impacts positively on the quality of life.  
Natural materials will be used between private and common spaces within the complex, with carefully selected recycled timber and floor materials. The 100% natural renewable carpets for residents are made from cactus fibre and is also 100% biodegradable at the end of its life cycle with natural colouring.  
These are just a few of the ways that Lt. Miller impacts the neighbourhood and sets a standard in conscious design. 

<a href="http://greenstrata.com.au/">Green Strata</a> is a not-for-profit organisation that helps apartment owners and corporations improve sustainability in their buildings.
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5 new Sustainable Apartment Developments in Australia 2019

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GUEST OBSERVATION
In the wake of <a href="https://www.abs.gov.au/ausstats/ABS@archive.nsf/log?openagent&amp;87520033.xls&amp;8752.0&amp;Time%20Series%20Spreadsheet&amp;4871AE45CFEBEB25CA2583D70015586F&amp;0&amp;Dec%202018&amp;10.04.2019&amp;Latest" target="_blank">slumping demand for apartment building</a>, it’s little wonder the multi-unit housing industry has been eagerly eyeing a possible new residential product: “build-to-rent”.
In fact, the <a href="https://www.abs.gov.au/ausstats/ABS@archive.nsf/log?openagent&amp;87520033.xls&amp;8752.0&amp;Time%20Series%20Spreadsheet&amp;4871AE45CFEBEB25CA2583D70015586F&amp;0&amp;Dec%202018&amp;10.04.2019&amp;Latest" target="_blank">latest figures</a> show that apartment-building construction starts were down 36% in 2018 from 2016. But how much will this little-known type of housing solve our housing problems?
Build-to-rent won’t be a silver bullet solution for Australia’s housing affordability stress, but it does have potential to tick the box on several important public policy objectives. These include widened housing diversity, enhanced build standards, and a better-managed, more secure form of private rental housing.
But for this to happen, Australia’s tax settings need adjustment.
What is ‘build-to-rent’?
This refers to apartment blocks built specifically to be rented, usually at market rates, and held in single ownership as long-term income-generating assets.
The enduring owner might be, for instance, an insurance company, an Australian super fund, a foreign sovereign wealth fund, a private equity firm, or the building’s developer.
Although new in Australia, build-to-rent is quite common in many other countries. Under its North American name, “multi-family housing”, the format has generated more than <a href="https://www.nmhc.org/" target="_blank">6.3 million new apartments since 1992 in the US alone</a>. And <a href="https://tinyurl.com/buildtorentlondon" target="_blank">in the UK, a build-to-rent sector</a> has led to <a href="https://www.bpf.org.uk/what-we-do/bpf-build-rent-map-uk" target="_blank">68,000</a> units built or under construction since 2012.
A scattering of build-to-rent schemes are <a href="https://cityfutures.be.unsw.edu.au/documents/551/LCOM_0000_Build_to_Rent_Report_WEB_July_2019.pdf" target="_blank">already underway</a> or completed, mainly in inner Sydney and Melbourne. And they may prove to be the forerunners of a new Australian residential property sector – but that is far from guaranteed.
In Australia, our private rental market is almost entirely owned by small-scale mum-and-dad investors, so this kind of housing would be a largely new departure from typical Australian real estate.
Potential benefits
The build-to-rent development model, involving a long-term owner commissioning an entire building, creates an incentive for higher, more enduring quality than the standard “build-to-sell” apartment development approach.
Importantly, build-to-rent is a long-run investment that caters for rental demand, which tends to grow steadily.
This means the model is largely immune to the fickle changes in housing demand resulting from typically short time horizons and primarily speculative instincts of individual buyers traditionally dominant in our market.
So at its full potential, this new housing product could introduce a valuable counter-cyclical component into the notoriously volatile residential construction industry, helping to offset damaging booms and busts. In other words, build-to-rent can create stability in the Australian property market.
How build-to-rent can incorporate affordable housing
Optimistically, some have claimed build-to-rent could also provide <a href="https://www.smh.com.au/national/build-to-rent-a-potential-solution-to-australia-s-housing-problem-20180904-p501of" target="_blank">an “affordable housing” fix</a> for many earners who are doing it tough in our existing private rental market.
But this could be possible only with the aid of major government funding or planning concessions.
Ideally, housing at rents affordable to low or moderate income earners would be included in predominantly market-rate build-to-rent schemes. Indeed, one major construction industry player <a href="https://www.afr.com/news/politics/national/rod-fehring-would-tackle-affordable-housing-once-and-for-all-20190430-p51io8" target="_blank">recently advocated this</a> as a standard expectation.
So how should affordable housing be provided in this case?
To find out, <a href="https://cityfutures.be.unsw.edu.au/documents/551/LCOM_0000_Build_to_Rent_Report_WEB_July_2019.pdf" target="_blank">our analysis</a> compares the cost of developing affordable housing by a for-profit company with development under a not-for-profit community housing provider.
Thanks to that non-profit format, and the tax advantages that go along with it, community housing providers can, in fact, construct affordable rental housing at significantly lower cost than their for-profit counterparts. Less subsidy is therefore needed.
Nonetheless, government help in some form will be essential to enable an affordable housing element. The most painless way for this to happen, from the government perspective, is through allocating sections of federal or state-owned redevelopment sites to community housing providers at discounted rates.
Encouragingly, this strategy was <a href="https://www.afr.com/real-estate/residential/we-want-our-pound-of-flesh-on-government-site-sales-michael-sukkar-20190606-p51v6d" target="_blank">recently advocated</a> by newly designated federal housing minister Michael Sukkar.
Such designation of government-owned sites could, for instance, be factored into large-scale urban renewal projects like Sydney’s Central-to-Eveleigh and Rozelle Bays. When complete, it could fulfil the <a href="https://www.domain.com.au/news/calls-for-higher-affordable-housing-targets-as-more-people-on-cusp-of-poverty-20170802-gxo11s/" target="_blank">widely voiced</a> demand that 30% of these developments should be affordable housing.
Levelling the playing field
Our modelling shows that under current conditions, even market-rate build-to-rent projects are barely viable – at least in Sydney.
The inflated price of developable land in Australia’s urban housing markets is an important contributing constraint. But <a href="https://cityfutures.be.unsw.edu.au/documents/551/LCOM_0000_Build_to_Rent_Report_WEB_July_2019.pdf" target="_blank">our research</a> also identifies a range of government tax settings that disadvantage build-to-rent, compared with both mum-and-dad-investors and traditional build to sell developers.
Removing less favourable land tax and GST treatment could markedly improve build-to-rent feasibility.
From a housing policy perspective, there’s also a case for the federal government to reconsider its recent “withholding tax” decision that treats overseas-based institutional investment in rental property less favourably than investment in commercial property.
Since such global funds would likely lead the establishment of a new Australian build-to-rent asset class, revisiting the withholding tax changes could be a significant step in making build-to-rent a reality in Australia.
In any case, build-to-rent is no simple solution for Australia’s affordable housing shortage.
But even as a market-rate product, it could fulfil several important public policy objectives. How far it might do so in practice is something that governments rightly need to weigh up when considering industry-proposed tax and regulatory reforms.<img src="https://counter.theconversation.com/content/119603/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
Hal Pawson, Associate Director - City Futures - Urban Policy and Strategy, City Futures Research Centre, Housing Policy and Practice, UNSW.
This article is republished from <a href="http://theconversation.com" target="_blank">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/build-to-rent-could-shake-up-real-estate-but-wont-take-off-without-major-tax-changes-119603" target="_blank">original article</a>.
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Build to rent could shake up real estate but won’t take off in Australia without major tax changes

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Three bidders competed post auction for a Dandenong apartment block sold for $3.62 million.
The 16 in-one-line two-bedroom apartments were at 29 Stud Road.
The property sat on a 2,013 square metre land offering, with RGZ2 zoning with medium density development to 13.5 metres.
It was marketed and sold by Ray White Commercial Glen Waverley agents Ryan Trickey and Ben Ainsworth.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/5/14/Stud%20Road%2029%20-%20outlined%20photos%20x43.jpg" alt="" style="font-size: 12.16px;"> 
Trickey said there was mixed interest as the property, on the market for the first time in 45 years, appealed to several buyer groups.
“Investors looked at yield, developers looked at highest and best use, and groups (like the buyer) looked at value add. This ranged from the high $2 million to low-to-mid $3 million,” he said.
“There was a genuine buzz around the auction, and it took 24 bids before the property was in a position to be sold, and it went to a commercial ‘re-conditioner’ who'll renovate the units and add value to the site.
“The property provides a strong reliable income and offered financial security and at fully-leased rental, the property produces $218,140 per annum with only one vacancy on-site right now.
“Being so close to amenities like Dandenong Plaza, Dandenong Market and the train station means there’ll always be a strong tenant demand for young families and professionals alike.”
Ainsworth said Dandenong was a proven re-development precinct with existing permitted construction underway in the local area.
“Being just 30 kilometres south-east of the Melbourne CBD, the property is within walking distance to all central Dandenong infrastructure,” he said.
“It offers excellent access to the Eastern Freeway, Monash Freeway and benefits from Dandenong train line and buses."
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Post-auction offers secure 16 in-one-line apartments for $3.62 million

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The northern Gold Coast leisure-land of Hope Island has become critically undersupplied with less than 50 new apartments currently on the market, according to a new report. 
According to property consultants Urbis, The North Shore precinct which includes Hope Island, is the most undersupplied market on the Gold Coast for apartment buyers. 
“Since the beginning of 2016, only six new apartment projects have been launched to the market across the North Shore Precinct,” said Urbis senior consultant Lynda Campbell. 
“This has resulted in a low level of supply with the September 2018 quarter ending with only 49 new apartments available for sale. 
“This is the lowest level of supply across the four Gold Coast precincts which have supply levels ranging from 277 up to 1,190 apartments.”
Despite the supply shortfall, population forecasts indicate demand for new homes and apartments will continue to rise. 
The Hope Island catchment area is expected to house an extra 35,680 people over the 20 years to 2036, or an average of 1784 new residents a year. 
Gold Coast company Aniko Group, headed by George Mastrocostas (pictured below), has moved to fill the current void in the Hope Island market with plans to launch a major resort-style apartment project this year. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/22/George%20Mastrocostas.jpg" alt="">
Aniko Group will deliver 240 luxury apartments on an 8390 square metre waterfront site at 1 Grant Avenue. 
The move follows last year’s successful sell-out of Aniko’s Three72 Marine development at Labrador and builds on the company’s appetite for high growth markets in south-east Queensland. 
“Hope Island has been very much a slow burn in terms of its maturity as an apartment market, and it’s probably only in the last few years that we’ve really seen that start to fire up,” said Mastrocostas. 
“The area has so much going for it in terms of absolute waterfront lifestyle and key transport infrastructure, and the market is starting to respond to that, especially local buyers who know the area well. 
“Waterfront living is in demand across the Gold Coast and Hope Island is one of the few areas left in the city where we can deliver quality resort-style living without the big premium of coastal apartments. 
“Hope Island has been on our wish list for some time, so we’re excited to be bringing this project to fruition at this time. The early response we have received from the market has been very encouraging.” 
The Hope Island property market is benefitting from a raft of private and public investment being ploughed into the northern Gold Coast region. 
The recent opening of the new $65 million Hope Island Marketplace has become a key investment driver by bringing a range of amenities and new jobs to the heart of the suburb.
This comes on top of the completion of the nearby $450 million Westfield Coomera. 
Infrastructure work planned for the area includes major upgrades to M1 exits and the $400 million expansion of the Gold Coast Marine Precinct, which is set to boost local jobs. 
Anika Group is poised to officially launch 1 Grant Ave soon.
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