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

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While overall Sydney unit prices could rise a 1 to 2 per cent, many apartments in areas such as Parramatta, the Hills area, and Botany Bay suburbs like Banksmeadow, Botany, Eastlakes and Mascot could be cheaper in 2017.
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Prices in Hornsby, Cherrybrook, Pennant Hills and Berowra, Ryde and Canterbury could also fall, the Australian Financial Review reported.
The median price of apartments in Melbourne and Brisbane apartment median prices will fall higher next year, BIS Shrapnel's latest Apartments 2016 to 2022 report says.
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Apartment prices in Melbourne were likely to fall by up to 2 per cent and in Brisbane by up to 3.5 per cent.
Inner to middle-ring Sydney suburbs where the number of apartments under construction are higher than their current share of apartment stock were the weakest localities, BIS Shrapnel residential senior manager Angie Zigomanis said.
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<div>"At first pass, the greatest risks would be in Botany Bay local government area, Ryde LGA, Canterbury LGA, Auburn LGA, Parramatta LGA, Hornsby LGA and Hills Shire LGA," he said.</div>
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"However, we'd then have to overlay whether local factors, such as increased employment in Parramatta and Macquarie Park can justify the extra stock or whether the North West rail under construction will attract more occupants around the proposed stations in the Hills Shire LGA."
"Nevertheless, each of these LGAs are likely to experience softer markets than Sydney overall."
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"It won't be that big, 5 to 10 per cent tops," Mr Zigomanis said of any fall.
"At the end of the day, Sydney is still undersupplied...but landlords will have a lot of competing stock so they would need to sharpen their pencils to attract tenants."
For houses, BIS Shrapnel said forecast rises in all capital cities except Perth and Darwin.
Sydney and Melbourne house prices could rise by up to 4 per cent.
It suggests Brisbane house prices could gain 2 to 3 per cent.
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Eastlakes apartment prices to fall in 2017 amid Botany Bay oversupply: BIS Shrapnel

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Developer Goldfields has unveiled Patch, a contemporary 83-apartment community with an expansive, tree-lined communal area, light, bright and high-contrasting interiors and a striking architectural façade.
Located at 243 Queens Parade in Fitzroy North, Patch is within walking distance of Merri Creek, Clifton Hill and Rushall Train Stations.
<img src="/images/2016/10/05/image003-1.jpg" width="300">
The 12-storey development has 83 one, two and three-bedroom apartments, a communal terrace on level eight and ground floor retail space.
Goldfields’ Managing Director, Marco Gattino, said the company acquired the site with a building permit in place, but chose to partner with architect Fieldwork to refine the offering.
<img src="/images/2016/10/05/1614_Goldfields_QueensPde_HighContrast_Kitchen.jpg" alt="">
 
A communal terrace on level eight is a standout feature of Patch, including a 300 square metre tree-dotted deck, indoor and outdoor dining facilities and a communal kitchen and cooking area that has views of the CBD.
Daniel Cashen at Knight Frank said there had already been a strong response from the market.
<img src="/images/2016/10/05/1614_Goldfields_QueensPde_External_Retail.jpg" alt="">
Most residences will include a car parking space, an additional cage and access to bike storage. 
Patch offers one-bedroom apartments priced from $390,000 up to luxury 240sqm, 3 bedroom penthouses inclusive of 120sqm balcony, for $1,400,000.
Construction is scheduled to commence towards the end of 2016 and expected for completion by the middle of 2018.
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Contemporary 83 apartment Patch complex launched in Fitzroy North

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Inner city high rise apartments are experiencing a growing demand for luxury concierge - almost hotel-style offerings - as buyers look for differentiating factor in Melbourne’s competitive apartment market.
Lendlease is leveraging opportunities in its apartment concierge offerings sensing time poor working professionals, Gen X and Gen Y seek such services to cut down on domestic chores, spend time with their families and improve their personal health and wellbeing.
The head of apartments for Lendlease’s Urban Regeneration business in Australia, Ben Christie, said the resident’s model of customer service was on the rise as buyers begin to prioritise help services when choosing an apartment.
“Buyers are welcoming the future of apartment living by embracing personalised lobby and concierge services.
"We are now seeing purchasers demand more from their building’s amenities, which they have probably underused in the past,” he said.
These services help with move-ins and move-outs and maintenance job.
They sign for deliveries on behalf of residents and even provide personal assistant services such as making dinner reservations, ordering food and reserving tickets.
“The perception that concierge services are only for the wealthy is no longer true.
"These services have become part of a global trend towards outsourcing personal admin tasks.
“Melbourne Quarter is our latest residential development offering concierge services, with the purpose of enhancing the quality of our resident’s living experiences,” he said.
Concierge services on ground and upper ground lobbies will use smart technology systems including online booking platforms, storage systems and digital lifestyle services to connect residents in their community.
“It doubles as a security control and contact point to keep residents safe with two full time concierge attendants seven days a week.
“The quality of a property’s amenities plays a huge role in the clientele it attracts and its rent prices. For investors or owners renting out their property, a high-end concierge and amenity offering can significantly increase rental returns,” said Christie. 
For more information, visit <a href="https://www.melbournequarter.com.au" target="_blank">Melbourne Quarter</a> or the residential display suite at 691 Collins Street, Melbourne.
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Growing concierge culture in CBD apartments for buyers and renters

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A dual-level apartment, the Array East Penthouse in Mirvac's Yarra's Edge precinct has won Apartment of the Year at the 2016 HIA-CSR Australian Housing Awards.
The 425 square metre, four bedroom penthouse with terrace overlooking Melbourne's Yarra River included bespoke Versace, Fendi and Roberto Cavalli pieces and furniture created by illustrator Megan Hess, who styled the interior spaces.
John Carfi, Mirvac head of residential said the awards recognised the intelligence of Array’s design and Mirvac Design’s strong attention to detail.
“These awards are fantastic recognition of Array’s iconic design and the new level of quality, finish and customisation it offers,” he said. 
“Inspired by the reflections of the Yarra River, Array was designed to offer a heightened level of luxury in the waterside area in response to purchaser demand for special apartments.” 
Array’s lobby features a 250 square metre retail space, an art gallery and cafe. There is an onsite gym and lounge area with a Marina YE opposite.
Yarra Point at Yarra’s Edge was named the Australian Apartment Complex of the year in 2015.  
Launching off-the-plan in 2012, the 39 level tower features 199 apartments in total, including the award winning East and West penthouses. 
For more information, <a href="https://arraypenthouses.mirvac.com" target="_blank">click here</a>.
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Mirvac's Array penthouse takes out top apartment accolade at HIA-CSR National Awards

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Frasers Property Australia has been given the green light by the NSW Department of Planning &amp; Environment to develop the final residential stage of Central Park.
The project includes a 292 apartment mid-rise building in the $2 billion Central Park precinct in Sydney's Chippendale.
Frasers Property Australia is developing block 11, a long sinuous building, stretching along the length of Wellington Street.
A design competition was organised for the building under the 2009 concept plan approval for Central Park and Francis-Jones Morehen-Thorp (fjmt) was selected in October 2013, chosen by a panel that included Lucy Turnbull, then a member of the Sydney Metropolitan Development Authority and Chris Johnson, chief executive of Urban Taskforce.
The final piece in Central Park’s residential offering, Block 11 will complete the delivery of over 2,200 apartments across the 5.8 hectare Central Park precinct which has won several awards for urban planning and revitalisation.
The development incorporates a building, ranging from 8 - 13 storeys in height, which curves in the centre to make space for two new public gardens. It will include a mix of one-bedroom suites, two and three-bedroom apartments and a range of two-bedroom dual-key apartments (planned to be launched in late 2016). The design will also incorporate a small amount of mixed-use ground floor retail as well as a childcare centre with capacity for 90 children.
Central Park project director Mick Caddey said the project delivery team is pleased to receive DA approval for this final residential stage of Central Park.
“At its completion, scheduled for 2018, Central Park will have involved a complex nine-year program of design, planning and construction and we are now approaching the last stages of this multi-staged precinct,” Caddey said.
Richard Francis-Jones, design director of fjmt said the practice’s design for this final residential stage of Central Park introduces a curvilinear and fluid architecture.
“The most critical element of the design is the unique façade, which is designed to integrate the outdoor spaces, such as the loggias and balconies, while providing shading and privacy where required,” Francis-Jones said.
“The building is divided into three individual parts, each with its own unique foyer. The western foyer is located directly opposite Chippendale Green. The central foyer is directly opposite Park Lane and the eastern foyer opens onto the northern landscaped area and retail terrace."
Some of fjmt’s recent projects include the harbour-front apartments at Barangaroo South, the Auckland Art Gallery which won the 2013 World Building of the Year award, the University of Sydney Law School, the Surry Hills Library and Community Centre, and The Mint historic restoration.
Sales and marketing of Block 11 are expected to start in mid 2016.
Frasers Property have a free eBook to download titled Australia aspires to global green leadership: The Living Building Challenge <a href="http://propertyobserver.com.au/forward-planning/tools/ebooks-and-webinars/52152-australia-aspires-to-global-green-leadership-the-living-building-challenge" target="_blank">which you can get here</a>.
 
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Final residential stage of Sydney's Central Park development gets nod

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Plans are afoot for a 267 apartment residential project in Sydney's north-west. 
Capital Corporation has submitted a development application (DA) with Hills Shire Council for ‘Esplanade’, proposed to be an integrated community comprising 267 apartments across two high-rises, with a host of resident-only facilities, three levels of boutique workspaces, waterfront dining and retail areas.
The DA is the result of a long consultation process with Norwest Association and Council, says Capital Corporation managing director Steve Grant.
“We know and understand Norwest and Bella Vista as a residential area and business park – we were integral in developing that original vision - but what we could see was its future as an integrated lifestyle destination," said Grant.
“We’ve sought input and consulted extensively on our ideas, and overlaid that with what we’ve learnt from our projects in the Fairway Drive area, in terms of understanding the developing family and empty-nester market around Norwest.
The project, designed by architects Turner, will take come up on the waterfront site best known as the location of the Sydney Ice Arena on Solent Circuit, Baulkham Hills.
The Ice Arena is expected to relocate later this year.
“Bella Vista, which sits within Norwest, has always been considered a premium residential area – outperforming beyond anyone’s expectations. People have always looked on it as a high-end neighbourhood," said Grant.
“Esplanade responds to the fact that many families who moved here two and three decades ago are questioning whether the big house and high-maintenance garden is what they want to deal with for the next ten years.
“Moving into a new home, within easy reach of all the things that make daily life more enjoyable is now a real consideration for people living in the suburbs surrounding Norwest,” he says.
The development will have landscaped gardens, a rooftop cinema, a pool and barbecue areas. 
The project also proposes to upgrade the boardwalk on Norwest Lake, expanding the public space at ground level. 
The Norwest station is close and Grant says he is confident that as the M2 and M7 connected Norwest to the rest of Sydney, so too would the Sydney Metro North-West transform the travel experience in the area and link it even more easily to key education, medical and shopping hubs.
“There are some 20,000 people working in Norwest right now with projections that could grow to 35,000. More than 400 companies base themselves here and investors will see the obvious opportunity in locating attainable urban-style living within such a successful employment centre," he said.
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Esplanade set to deliver next-gen living to Sydney's north west

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The nine time state of origin star, and the NRL's first openly gay player, Ian Roberts is downsizing, off to a new smaller apartment.
His two level apartment in Redfern has been listed with $1.3 million plus hopes through Belle Property Surry Hills agent Charles Touma.
Spread over two levels, the 160 sqm apartment offering cost $640,000 in 2000, and renovated in 2009.
Roberts played for South Sydney Rabbitohs, Manly-Warringah Sea Eagles and North Queensland Cowboys.
Upon retirement in 1998, Roberts began studying acting with roles including appeared as Riley, Lex Luthor's henchman in the movie, Superman Returns in 2006.
This article was first published in the Saturday Daily Telegraph.
 
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Former NRL star Ian Roberts downsizing

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The acclaimed New Zealand screenwriter, producer and director Dame Jane Campion is selling her Tamarama apartment.
She bought the 241 sqm investment property for $1.2 million in 2001.  
The listing comes after Campion confirmed she would be co-directing and co-writing a second season of drama series Top of the Lake with the action to be filmed in Sydney and Hong Kong.
<a href="https://www.realestate.com.au/property-apartment-nsw-tamarama-121964138" target="_blank">Listed by Bethwyn Richards of McGrath for March 19 auction</a>, the property has three bedrooms, two bathrooms and numerous outdoor terraces and deckings.
Jane rose to fame through a series of short films before her feature debut with Sweetie in 1989.
She became the first female to win the Cannes Film Festivals most prestigious prize the Palme d'Or in 1994 for her film 'The Piano' which also secured an Academy Award for best original screen play.
Campion's Castlecrag residence, designed by Alex Popov, was sold in 2008.
This article was first published in the Sunday Telegraph.
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Film producer Jane Campion lists in Tamarama

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SPONSORED POST
Australian property developer and hotelier TOGA has unveiled its latest bespoke display apartment to an exclusive audience in Macquarie Park.
Hundreds attended the appointment-only weekend unveiling with potential buyers vying to be among the first to view the highly-anticipated One Twenty Macquarie apartment designs.
One Twenty Macquarie’s display apartment showcases a fully-appointed and furnished two bedroom, two bathroom apartment; a replica approximately 82sqm floor plan featuring available finishes, accurate ceiling heights and apartment upgrade options.  
<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/2016/02/12/15122420-2012020Herring20Rd20-20V0220-20Superman20-20Final202000.jpg" alt="" width="1260" height="630">
The $160-million Turner architects-designed development is set to begin sales in early-March.
At 23-storeys, One Twenty Macquarie is set to be Macquarie Park’s tallest tower and will feature 196 luxury apartments, premium amenities including a gymnasium, a theatrette, landscaped gardens, barbecue facilities, parking and a stylish retail café at its ground level.  
The full-service project gallery with complete to-scale display apartment opened to the general public this week.
TOGA Development and Construction Chief Executive Fabrizio Perilli said One Twenty Macquarie offered a unique opportunity to buyers. 
“This interactive display apartment demonstrates the attention to detail and residential functionality inherent in the One Twenty Macquarie apartment designs,” Mr Perilli said.
“From the tonal stone bench tops to the timber flooring and high-end joinery, One Twenty Macquarie integrates timeless features and modern finishes to create sophisticated living spaces.
Purchasers can expect TOGA’s renowned quality and design excellence upheld by over 50 years’ experience designing, building and delivering rewarding residential experiences,” Mr Perilli said.
Buyers will have the opportunity to choose between two finishes on display; Arcus or Opacus - understated dark or light palettes featuring softly-layered earthy tones.
Visitors to the display apartment can also inspect a large architectural model revealing One Twenty Macquarie from the vantage of 360 degrees as well as interactive digital perspectives of the apartment views and floor plans displayed on Samsung tablet devices.
TOGA General Manager of Sales and Leasing Alex Adams said the opening of One Twenty Macquarie’s showroom provided buyers the chance to step inside one of TOGA’s high-quality apartment designs.
One Twenty Macquarie features a range of apartment types including one-bedroom, one-bedroom-plus-study, two bedroom, three-bedroom apartments and top-floor penthouses.
“The display apartment showcases One Twenty Macquarie’s refined interior designs and allows buyers to explore the spectacular views on offer,” Mr Adams said. 
“The space is designed to offer our clients the opportunity to thoroughly investigate One Twenty Macquarie’s floor plans in a relaxed and authentic environment,” Mr Adams said.
“One Twenty Macquarie is all about location and lifestyle,” Mr Adams added. 
On arrival, guests are greeted by a concierge and assigned to one of TOGA’s in-house project specialists.
The interiors by Turnerdemonstrate an exceptional use of space, harmonious transitions between living spaces and European-inspired styling complete with luxury finishes and appliances.
All One Twenty Macquarie apartments are fitted with first-class Miele appliances.
Apartments boast generous balconies capturing sweeping views to Sydney CBD, North Sydney, Chatswood and Homebush as well as views overlooking Lane Cove National Park
Located at 120 Herring Road, One Twenty Macquarie is positioned 16 kilometres from Sydney CBD and 450 metres from Macquarie University, Macquarie Shopping Centre and Macquarie University railway station.
Visitor parking at the project gallery is readily available free of charge.
Construction of One Twenty Macquarie is expected to complete in late-2018. TOGA is now accepting expressions of interest ahead of One Twenty Macquarie’s March sales launch.
TOGA’s One Twenty Macquarie’s project gallery can be viewed by appointment only and is located at: G03/13-15 Lyon Park Road MACQUARIE PARK NSW 2113.
For more information <a href="https://www.onetwentymacquarie.com.au" target="_blank">click here</a>.
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TOGA unveils One Twenty Macquarie display apartment ahead of launch

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Fitness First founder Tony de Leede was among the off the plan buyers in Bondi's latest residential complex, the Bondi Pacific.
He bought a fourth floor, 220 sqm apartment with curved balcony in 2012 for $3.85 million.
De Leede isn't having to move very far however, now that settlement has occurred.
But he his yet to sell his nearby redundant Campbell Parade beachfront in The Bondi complex which went to December auction.
The apartment bought for $2,725,000 in 2010 has a price guide of in the very high $3 millions <a href="https://www.century21.com.au/property/359497/" target="_blank">through Nicholas Armstrong-Smith at Century 21 Armstrong-Smith</a>.
The fitness industry veteran co-owns Gwinganna Lifestyle Retreat and the Fit N' Fast gyms.
This article was first published in the Saturday Daily Telegraph.
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