<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a> is one of Melbourne's longest standing architecture firms.

Founded in Melbourne in 1853 by Joseph Reed, the firm began as Reed &amp; Barnes and has evolved through various partnerships before adopting the Bates Smart name in the 20th century. With a continuous presence spanning more than 170 years, the practice has played a pivotal role in shaping Melbourne’s architectural identity.

In the 19th century, Bates Smart designed several of Melbourne’s enduring landmarks, including the Royal Exhibition Building (1880), a UNESCO World Heritage site, and the Melbourne Town Hall. The firm’s influence continued into the 20th century with notable works such as Ici House (1958), considered Melbourne’s first modern skyscraper and a milestone in post-war Australian architecture.

One of their landmark designs was&nbsp;The First Church of Christ, Scientist, at 336-340 St Kilda Road. The building, which is listed on the Victorian Heritage Register, was designed by Bates, Peeble and Smart with construction completed in 1922. Architecturally, the building is significant as a rare example of early twentieth century classicism applied to a religious building. Historically, the building is significant as the first church of the Christian Science movement.

Melbourne developer Time &amp; Place decided to bring Bates Smart back to the area to design their next residential apartment project, Park Modern.

[smartcode_project:default project_id=138453 project_image_fid=2138]

<a href="https://www.urban.com.au/new-apartments/park-modern-south-melbourne-1-middleton-lane-south-melbourne-vic-3205">Park Modern</a>, on one of the largest island sites on the Melbourne CBD fringe, bordered by Dorcas Street, Wells Street, and Middleton Lane, will comprise two sculptural towers. It is being positioned as a design-forward response to evolving owner-occupier preferences in the Domain precinct.

Tim Price, Director at <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a>, says&nbsp;Bates Smart have got a footprint on this city, probably like no other architect.

"It’s a really nice kind of next chapter story, that they created from a design perspective so long ago," Price told Apartments.com.au.

Park Modern will be the third time Time &amp; Place has worked with Bates Smart, having successfully designed and delivered Collins House and Opera on St Kilda Road together.

The brief focused on creating a built form that would feel contextually appropriate while offering a contemporary evolution of inner-city apartment living.

[smartcode_project:default project_id=138453 project_image_fid=2137]

The focus for Park Modern is squarely on owner-occupiers.

“It’s not always about downsizing," Price says.

"Sometimes it’s just about creating a space which is easily maintained, lock up and leave, reflecting people’s aspirations, whether they’re entertainers, big dining room spaces, big open terraces, they’re important parts of any design consideration.”

The building includes a mix of one, two and three-bedroom apartments, as well as penthouses, with layouts and floor plans designed to suit a broad demographic. The architecture has been shaped to capture&nbsp;view corridors to the Botanic Gardens, Port Phillip Bay and the CBD skyline.

Each apartment has been oriented to maximise natural light and provide a clear outlook, elements often cited by owner-occupiers as key criteria.

[smartcode_project:default project_id=138453 project_image_fid=351806]

Rather than defaulting to a generic luxury offering, the amenity strategy at Park Modern reflects specific insights into how residents want to live. The ground floor will include co-working areas, wellness facilities, and a concierge-led lobby that blends indoor and outdoor design cues.

“Wellness has become a more thoughtful consideration, not just gyms or lap pools, but things like magnesium plunge pools, saunas, daybeds, and studio spaces for Pilates and the regular cardio workout,” says Price.

One notable inclusion is a substantial porte-cochère, a covered vehicle drop-off zone integrated into the site plan. It’s a feature rarely seen in inner-urban developments and speaks to the team’s emphasis on ease of arrival and departure for residents and guests.

A display suite for Park Modern is now open by appointment, giving prospective buyers an early look at the project.

[smartcode_project_cta:default project_id=138453]

Joel Robinson

100 years on, Bates Smart returns to South Melbourne's Domain Precinct to design Park Modern

One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

[smartcode_project:default project_id=114216 project_image_fid=353085]

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

Approvals

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Newly approved housing supply has moved to new record heights, with 214,331 dwelling approvals recorded nationally over the past year.
The proportion of these approvals which were for units is also at a record high, accounting for 45.9% of all approvals.
The surge in dwelling approvals has coincided with very low interest rates and surging demand from the investment segment of the market. 
Across the combined capital cities more than half of all dwelling approvals are for units and in each capital city (except Adelaide, Perth and Hobart) more than 50% of approvals over the past year were for units. 
Data from the 2011 Census shows that across the country units are more than twice as likely to be rented as houses. This would indicate a clear preference from the investment segment which is currently so active, for units over houses.
While the number of new dwellings being approved is significant, it is worthwhile examining on a smaller scale the regions where the new housing supply is being approved. Looking at dwelling approvals across SA4 regions of the country, we have listed the top 20 regions for approvals for both houses and units over the 2014-15 financial year to April 2014.
For houses, the region with the greatest number of approvals over the financial year to-date was South East Melbourne (which includes council regions such as Casey and Cardinia) with 4,874 approvals. Looking at the top 20 list published, 15 of the 20 regions listed are located within capital cities with only Geelong, Sunshine Coast, Gold Coast, Latrobe-Gippsland and Bunbury in non-capital city areas. The top 20 list shows 3 NSW regions, 6 regions from Vic, 5 regions from Qld, 1 SA region and 5 regions from WA.
<a href="/images/2015/06/30/2015-06-22--01--house-approvals-2014-15-financial-year-SA4-regions.jpg" target="_blank">Click to enlarge</a>
 <img src="/images/2015/06/30/2015-06-22--01--house-approvals-2014-15-financial-year-SA4-regions.jpg" alt="">
Turning to unit approvals, the list highlights the magnitude of approvals in Inner Melbourne with 12,516 approvals so far this financial year.
This region is already seeing a huge volume of new construction and the pipeline just keeps growing.
To put the volume of approvals in perspective, Brisbane Inner City with the second highest number of approvals (5,808) has less than half as many unit approvals as Inner Melbourne.
The Gold Coast is the only non-capital city area listed amongst the top 20 regions for unit approvals. Looking at the state-by-state breakdown there are 6 NSW regions listed, 6 Vic regions, 4 Qld regions, 1 SA region, 2 WA regions and 1 ACT region.
<a href="/images/2015/06/30/2015-06-22--02--unit-approvals-2014-15-financial-year-SA4-regions.jpg" target="_blank" style="line-height: 1.3em;">Click to enlarge</a>
<img src="/images/2015/06/30/2015-06-22--02--unit-approvals-2014-15-financial-year-SA4-regions.jpg" alt="">
 
With the pipeline of construction activity remaining high and much of it high-density development, the multiplier effect from heightened construction activity should continue for a number of years. 
Of course the biggest hurdle may start to be achieving necessary presales for these projects commence particularly given that many financial institutions are now starting to tighten their lending practices on the request of APRA. 
With a particular focus on investment mortgages this may have an impact on demand from investors who are seemingly a key driver of the surging demand for inner city units.
Cameron Kusher is RP Data’s senior research analyst. Follow Cameron on Twitter <a href="https://twitter.com/cmkusher" target="_blank">here</a>. 
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Surge in dwelling approvals: Cameron Kusher

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ABS Building Approvals data for October continues to show the positive impact of HomeBuilder on the detached house market with the highest number of approvals since early 2000, according to HIA Economist, Angela Lillicrap.
“HomeBuilder was the catalyst for improving consumer confidence in the housing market. The strength of building approvals is due to several factors including low interest rates and changes in consumer preferences."
“HIA New Home Sales data suggests that detached house building approvals will continue to be strong over the coming months. The extension of HomeBuilder will see these strong results carry on well into 2021," added Ms Lillicrap.
Detached house approvals increased by 18.6 per cent in the three months to October 2020 compared to the preceding three months and are 23.2 per cent higher than the same time last year.
Western Australia has seen the largest improvement in the last three months with detached housing approvals 62.8 per cent higher than the same time last year. This is due to the pent up demand for new housing in the state, as well as other state government stimulus measures.
Queensland and the Northern Territory have also experienced strong increases in detached housing approvals, up by 33.0 per cent and 30.6 per cent respectively, on the preceding three months.
Multi-unit approvals remain 12.5 per cent lower than the same time last year.
"The small number of multi-unit projects that gained approval in October are likely to have commenced the planning and building approval process years ago. These are not a good indicator of prospective commencements in this part of the market."
"Slower population growth, particularly in Sydney and Melbourne, and an increased preference for detached houses, will likely see demand for apartments constrained going into 2021,” concluded Ms Lillicrap.
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Detached dwelling approvals soar in WA followed by Victoria, Queensland and NSW

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The decline in dwelling approvals appears to be losing momentum, the HIA chief economist Tim Reardon advised after the latest Australian Bureau of Statistics release of its monthly building approvals data covering all states and territories.
Approvals in May 2019 were up by 0.7% from the previous month.
The improvement was led by multi-unit approvals (+2.1%) with detached house approvals down marginally (-0.2%), noted Reardon.
"Recent positive news relating to house prices and new home sales has started filtering through," he said.
"Even if this isn’t the bottom of the cycle the pick-up in new home sales in May suggests the pace of decline is slowing.
"We’re hopeful market confidence has improved following the Federal election and retention of current property taxation arrangements.
"Back-to-back interest rate cuts from the RBA and the pending reforms to APRA’s mortgage lending guidelines should act to minimise any further contraction in residential building."
Seasonally adjusted building approvals in May 2019 were up by 14.4% in Victoria and were flat in NSW.
Approvals declined in Tasmania (-1.2%), South Australia (-2.9%), Western Australia (-4.7%) and Queensland (-6.3%).
In trend terms, approvals in May lifted by 7.2% in the ACT and were down by 6.1% in the Northern Territory.
<a href="https://www.propertyobserver.com.au/images/2019/7/4/building%20approvals%20.jpg" target="_blank">Click here</a> to enlarge:
<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/2019/7/4/building%20approvals%20.jpg" alt="">
Source: HIA 
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Housing downturn loses momentum as good news rolls in: HIA 

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EXPERT OBSERVER
Approvals for new detached houses across Australia have sagged to their lowest level since June 2013.
Building approvals in April 2019 indicate that the number of approvals for all categories of new dwelling fell by 4.7% during the month. New detached house approvals dropped by 2.9% while the volume of approvals for apartments/units saw a 7.2% fall. Total approvals are now down by 24.2% over the past year.
Since the beginning of the new home building downturn in late 2017, the bulk of the pain has been concentrated in the high density segment of the market. 
With today’s figures now showing detached house approvals at a 6-year low, it is ominous that the weakness in new home building is spreading to those parts of the market which are traditionally more resilient during downturns.
Obviously, these figures relate to the month immediately prior to the federal election and the political uncertainty which was then at play has contributed to the weaker results for April.
Now that there has been a clear conclusion to the federal election, a real opportunity exists to push home building activity back in the right direction. 
Many significant infrastructure projects have been announced by government over the past year. Speedily converting these announcements into real, visible activity on the ground would provide a major boost to the building industry, the wider economy and confidence more generally.
During April 2019, the number of approvals for new home rose in Queensland (+11.3%), followed by the ACT (+7.7%) and New South Wales (4.8%). 
The largest drop in new dwelling approvals affected Tasmania (-19.1%) followed by Victoria (-16.1%). There were also falls in new home approvals in Western Australia (-6.7%), South Australia (-3.3%) and the Northern Territory (-2.0%). 
SHANE GARRETT is Master Builders Australia’s Chief Economist
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Detached house approvals reach six year low: Shane Garrett

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The past fortnight has seen three major development applications within City of Parramatta's boundaries receive the go ahead.

Hundreds of new hotel suites and residential apartments stand to be added to both Parramatta's core and emerging apartment enclave Wentworth Point. The trio of developments also stand to add near on $400 million in construction activity to the municipality.

Earlier this week Parramatta's 89 George Street received final approval. Starwood Hotels have committed to the 27 storey tower, with Four Points By Sheraton Parramatta expected to take residence by April 2020.

JZL Properties and Sandstone Capital have backed the project which went to planning late last year, with the intention of providing 271 new hotel rooms within a purpose built tower. Architecture firm Group GSA handled the tower's design, incorporating ancillary uses such as 722 square metres of function space, bar, restaurant, gym and pool.

Parramatta's strong uptake of hotel accommodation continues to generate new hotel activity with recent mooted projects including a 33 storey redevelopment of the Roxy Hotel and additional Meriton Suites slated for Parramatta's riverfront.

<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/image43_15.jpg" rel="gallery-all" title="Four Points By Sheraton Parramatta. Image: Starwood Hotels"><img alt="" class="image-article-full-width-580px" height="342" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image43_15.jpg?itok=5HW_XSDS" title="Four Points By Sheraton Parramatta. Image: Starwood Hotels" width="580"></a>

<figcaption>Four Points By Sheraton Parramatta. Image: Starwood Hotels</figcaption></figure>Second most recent to gain approval is Block B 6-8 Baywater Drive which is the latest substantial apartment development for the Wentworth Point Urban Activation Precinct.

Expected are 275 apartments within a Tier Architects-designed u-shaped apartment block with a central communal garden and courtyard. The approved project sits between the first stage of Nascorp Properties' Harbour Village apartment development and the mouth of the Parramatta River.

Harbour Village's initial release includes approximately 400 apartments, with the freshly approved Block B shaping as the next major release.

Spanning 9 storeys at its highest point, Block B 6-8 Baywater Drive includes 85 single, 151 double and 39 triple bedroom apartments within the build which is valued at just under $75 million. Block B 6-8 Baywater Drive adds to the thousands of new apartments planned or in delivery within Wentworth Point.

<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/image40_12.jpg" rel="gallery-all" title="6-8 Baywater Drive Wentworth Point. Planning image: Tier Architects"><img alt="" class="image-article-full-width-580px" height="389" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image40_12.jpg?itok=1d5IdMP6" title="6-8 Baywater Drive Wentworth Point. Planning image: Tier Architects" width="580"></a>

<figcaption>6-8 Baywater Drive Wentworth Point. Planning image: Tier Architects</figcaption></figure>Rounding out the trio is Coronation Property 's statement tower at 8 Phillip Street in Parramatta's CBD. The Woods Bagot-designed tower is a mix of apartment and hotel uses, and is expected to stand 200 metres above the Parramatta streetscape.

Final approval was granted at the turn of July for the development which carries an estimated delivery cost of $238.7 million. The 55-storey tower includes 314 apartments, approximately 250 hotel rooms, function/conference facilities and 9 levels of basement parking.

QT Hotels &amp; Resorts have signed on for the tower's hotel aspect, taking approximately 15 levels. Additional project drawcards include a level 18 pool and green space, two restaurants including a Sake by Rockpool Dining Group and a rooftop bar.

Although final approval arrived within the past fortnight, 8 Phillip Street's apartments have been marketed for some time. 

<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/image44_6.jpg" rel="gallery-all" title="8 Phillip Street's open air pool. Image: Coronation"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image44_6.jpg?itok=nmWENvhJ" title="8 Phillip Street's open air pool. Image: Coronation" width="580"></a>

<figcaption>8 Phillip Street's open air pool. Image: Coronation</figcaption></figure>
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silvermb

Three major approvals spur City of Parramatta's construction boom

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EXPERT OBSERVATION
Australian housing finance approvals were a touch firmer than expected in April, the number of owner occupier loans down just 1.4% vs expectations of a slightly larger 1.8% decline.
The value of investor loans recorded a 0.9% dip, much milder than March's 9% drop. Despite this, conditions were soft across most of the detail.
The number of new owner occupier approvals, i.e. excluding refinancing, was more in line with consensus, with a 1.9% decline in April taking approvals down 4.4%yr.
The total value of housing finance approvals, including investors but including owner occupier refi, dipped 0.4%mth to be down 5.8%yr (estimates excluding investor refi look to be down about 6.7%yr). Stepping back, the peak to trough move in the value of new finance approvals looks to be a fall of about 10%, roughly on a par with the 2015-16 pull back.
Click here <a href="https://www.propertyobserver.com.au/images/2018/6/13/finance%20approvals.jpg" target="_blank">to enlarge.</a>
<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/2018/6/13/finance%20approvals.jpg" alt="">
The number of owner occupier construction approvals dipped 0.2% to be down 5.7%yr. The number of owner occupier approvals for the purchase of newly built dwellings fell 3.7%mth but is still up 2.9%yr. On a combined basis, construction-related approvals were down 1.4%mth, –2.9%yr.
The number of approvals to first home buyers (FHBs) continues to ease back from recent highs, declining 1.6%mth. Although approvals are still up 24%yr, they are now 10% off their Nov peak. Activity in this segment has been boosted by increased assistance from state governments in NSW and Vic – measures that in the past have typically generated a significant pull forward in activity that subsequently falls away.
The state breakdown had more detail than usual this month due to the timing of the release which coincided with the release of state lending data for investor loans. The combined figures shows the biggest annual declines in the total value of approvals (incl. investor loans but excl. owner occupier refi) have been in WA (–8.8%yr), NSW (–6%yr) and Qld (–6%yr) with a milder 2.9%yr fall in SA. Vic has seen a slight gain (+1.9%yr) while Tasmania has bucked the national trend with a strong surge (+15.4%yr).
More recent data, from auction markets in particular, suggest housing market conditions have seen a further weakening since April likely reflecting tighter lending criteria. With more stringent assessments also likely to delay loan processing, finance approvals could see a more significant decline in the next few months.
Matthew Hassan is senior economist with <a href="https://www.westpac.com.au/" target="_blank">Westpac</a>.
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Matthew_Hassan-HHWHptmrw4

Housing finance approvals dip in May: Westpac

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EXPERT OBSERVATION
The Australian Bureau of Statistics (ABS) has released building approvals data for April 2018. Looking specifically at dwelling approvals, there were 18,701 houses and units approved for construction in April 2018.
The number of approvals is remarkably resilient considering that dwelling values are falling and there has been a significant volume of new housing approved over recent years.
In fact, building activity data for the December 2017 quarter showed there was a record high 46,359 dwellings approved for construction that had not yet commenced.
Since December 2017 a further, 77,634 dwellings have been approved for construction, it will be interesting to see just how many actually are built in the short-term given the backlog which already exists awaiting commencement.
<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/2018/5/31/pluse%201.jpg" alt=""> 
In April 2018, the 18,701 dwelling approvals were split between 10,618 approvals for houses and 8,083 approvals for units. The 18,701 approvals was the lowest monthly number of approvals since December 2017 however, house approvals were 0.7% higher over the month while unit approvals were -11.6% lower.
The 10,618 house approvals was actually the greatest monthly number of approvals since April 2015 while the 8,083 unit approvals was the fewest since December 2017. House approvals in April 2018 were just -2.2% lower than their recent cyclical peak while unit approvals were -31.9% lower than their peak.
 <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/2018/5/31/pluse%202.jpg" alt="">
Taking a closer look at units the data shows that approvals for high rise and townhouses fell over the month while low-rise unit approvals increased moderately. The chart also highlights the magnitude of the surge in high-rise approvals over recent years.
Historically the number of high-rise units and townhouse approvals has been fairly similar however, over recent years high-rise units have well and truly dominated the landscape.
With high rise unit projects becoming harder to make stack-up and presales more difficult as values fall, it’s expected that going forward there will be fewer high-rise approvals and potentially an uplift in medium density approvals such as low- rise units and townhouses.
 <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/2018/5/31/pulse%203.jpg" alt="">
The above chart shows a six month trend of the monthly house approvals data across each capital city. The charts show a clear declining trend in house approvals across Sydney, Brisbane, Perth and Adelaide. At the same time, approvals have remained steady over recent months in Melbourne and Darwin and have started to lift in both Hobart and Canberra.
 <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/2018/5/31/pulse%204.jpg" alt="">
On average over the past six months there have been far more units approved for construction in Sydney, Melbourne and Canberra and far more units approved in each of the other capital cities.
Although unit approvals have eased back of late, they remain close to historic highs in Melbourne and remain well above long-term average levels in Sydney, Brisbane, Adelaide and Canberra.
After years of booming unit approvals and a more moderate lift in house approvals, the recent falls in unit approvals comes at a time in which house approvals are climbing. As the data has shown, the recent declines in unit approvals are being led by high-rise units approvals which have surged to record levels over recent years.
Difficulty with getting finance and the necessary presales to proceed with large scale projects is likely to mean that moving forward houses and lower-density unit projects are likely to be the preferred options for developers.
That’s not to say that high-rise projects still won’t occur but they aren’t expected to be occurring at the magnitude seen over recent years.
Of course just because a dwelling is approved for construction doesn’t mean it will get built immediately.
The building activity data for the end of 2017 showed a record high volume of dwellings approved for construction but not commenced. If anything we would anticipate the number of dwellings in this category to increase further over the coming quarters, especially given the ongoing weakening of the Sydney and Melbourne housing markets.
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Building approvals remain resilient in face of falling dwelling values: Cameron Kusher

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In the planning sense, <a href="/new-apartments/melbourne-vic">Melbourne</a> currently finds itself coming off an all-time high. Whilst numerous large-scale projects are either at construction or have just been delivered, developers have been somewhat more hesitant to plough on with larger planning applications over the course of 2017.

In between project delivery and initiating the planning process for the next generation of noteworthy buildings, there still remains a mass of applications lodged during 2016 at arguably the tail end of the recent apartment development boom which only now are finding resolution. This tranche of large but not exceedingly large apartment and mixed-use projects will form the backbone of construction across Melbourne in the years to come.

After the turn of the new financial year, an abnormally large number of these pending projects have been given the green light across metropolitan Melbourne, making for a plumper development pipeline.

A cross-referencing of the Apartments.com.au Project Database with the planning platforms of various councils has yielded a substantial number of projects that have been approved in the past two months. Thousands of new apartments and hundreds of student accommodation beds across 20 major projects are now clear to proceed at the discretion of the respective developers.

Whilst August boomed for approvals, part one of this focus on the new wave of approvals will account for July 2017.

<h2><a href="/new-apartments/highett-vic-3190">Highett on top</a></h2>

<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/image15_10.jpg" rel="gallery-all" title="Highett's new tallest. Image: Growland"><img alt="" class="image-article-full-width-580px" height="601" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image15_10.jpg?itok=vwJ-mr8x" title="Highett's new tallest. Image: Growland" width="580"></a>

<figcaption>Highett's new tallest. Image: Growland</figcaption></figure>VCAT paved the way for a planning permit to be granted during July for Highett's new tallest building.

Developer <a href="/developers/growland-group">Growland</a> has commenced soft marketing for what will eventually become <a href="/new-apartments/southpoint-highett-1233-nepean-highway-highett">HoriZon Highett</a>. At 13 levels the <a href="/architects/rothelowman">Rothelowman</a>-designed building opposite Southland comfortably out does any existing Highett buildings for height, and is expected to contain 200 plus dwellings.

<h2>PDG Corporation primed </h2>

Two of developer PDG Corporation's four forthcoming developments gained the green light during July.

<a href="/new-apartments/west-melbourne-vic-3003">West Melbourne's</a> <a href="/developments/west-melbourne-vic-3003">17-37 Abbotsford Street</a> and <a href="/developments/melbourne-vic-3000">611-681 Elizabeth Street</a> shape as two substantial projects for the developer who's current interests also include the Munro site at adjacent to QVM and a prospective Barkly Street, <a href="/new-apartments/brunswick-vic-3056">Brunswick</a> apartment block.

As initially submitted, 17-37 Abbotsford Street included 200 apartments and a healthy retail aspect, whilst the reworked Elizabeth Street development on the current Melbourne City Toyota site will also yield hundreds of new dwellings.

<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/image17_14.jpg" rel="gallery-all" title="West Melbourne and Elizabeth Street. Images: DKO Architecture and SJB Architects"><img alt="" class="image-article-full-width-580px" height="203" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17_14.jpg?itok=ef9nvl8S" title="West Melbourne and Elizabeth Street. Images: DKO Architecture and SJB Architects" width="580"></a>

<figcaption>West Melbourne and Elizabeth Street. Images: DKO Architecture and SJB Architects</figcaption></figure><h2>Suburban infill</h2>

The <a href="/architects/interlandi-mantesso">Interlandi Mantesso</a>-designed <a href="/new-apartments/31-43-puckle-street-moonee-ponds">31-43 Puckle Street</a> can now be delivered after receiving a planning permit.

Receiving a Notice of Decision during July, the project is spread over 10 levels and includes 84 apartments and an arcade that will host over 1,000sqm of retail space. The project's stand out feature is its multicoloured facade treatment to its southern and western facades.

Another infill development project adding to its respective suburb's apartment-driven credentials is <a href="/buildings/18-lilydale-grove-18-lilydale-grove-hawthorn-east">10-16 Lilydale Grove</a>, <a href="/new-apartments/hawthorn-east-vic-3123">Hawthorn East</a>. With both Lilydale Grove and the adjoining Montrose Street receiving higher density apartment projects in recent years, 10-16 Lilydale Grove is the latest to add to the area's rapidly evolving streetscape.

<a href="/developers/residence-company-pty-ltd">Residence Company Pty Ltd</a> is behind the <a href="/architects/ellis-group-architects">Ellis Group Architects</a>-designed project that includes 86 apartments and a single retail tenancy.

<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/image18_19.jpg" rel="gallery-all" title="Puckle Street and Lilydale Grove. Images: Interlandi Mantesso &amp; Ellis Group Architects"><img alt="" class="image-article-full-width-580px" height="271" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image18_19.jpg?itok=pfnaZjQO" title="Puckle Street and Lilydale Grove. Images: Interlandi Mantesso &amp; Ellis Group Architects" width="580"></a>

<figcaption>Puckle Street and Lilydale Grove. Images: Interlandi Mantesso &amp; Ellis Group Architects</figcaption></figure><h2><a href="/new-apartments/st-kilda-vic-3182">St Kilda duo</a></h2>

The now demolished Greyhound Hotel at <a href="/buildings/1-brighton-road-st-kilda">1 Brighton Road</a>, St Kilda has received approval for a residential development. Initial plans for the prominent corner site saw <a href="/architects/terry-harper-architects">Terry Harper Architects</a> design an 8 storey building incorporating 43 apartments above 5 retail tenancies.

Approved by VCAT during July, site demolition has been undertaken despite an attempt by Port Phillip Council to gain heritage protection for the landmark structure.

Also nearly, <a href="/developments/st-kilda-vic-3182">190-192 St Kilda Road</a> gained the green light. It is noteworthy simply for its design prowess; small in stature consisting of limited commercial space plus a sole dwelling, the project is big on character with <a href="/architects/peddle-thorp-architects">Peddle Thorp</a> the design force.

<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/image20stk.jpg" rel="gallery-all" title="The works of Terry Harper Architects and Peddle Thorp"><img alt="" class="image-article-full-width-580px" height="254" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image20stk.jpg?itok=TmaA3bGJ" title="The works of Terry Harper Architects and Peddle Thorp" width="580"></a>

<figcaption>The works of Terry Harper Architects and Peddle Thorp</figcaption></figure>Tomorrow Apartments.com.au will highlight the altogether more robust list of approvals granted during August 2017.
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The next wave: 20 freshly approved projects that will further redefine our city

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Continuing from <a href="/news/the-next-wave-20-freshly-approved-projects-that-will-further-redefine-our-city">yesterday's piece</a> covering the boon in recent approvals across greater Melbourne during July, August's approvals and NOD's take precedence below. 

Only last week Apartments.com.au <a href="/news/marriott-confirmed-for-docklands-as-malvern-scores-its-own-substantial-hotel-project">covered the news</a> that<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"> 3-43 Waterfront Way</a> within <a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands">Dockland</a> gained approval during August, with a new Marriott-branded hotel confirmed for the development. The second part of Melbourne's mid year planning bonanza continues below beginning with other projects that fall within City of Melbourne's boundaries.

<h2>CoM approve</h2>

In the City of Melbourne, after a number of design iterations the residential tower slated for 502 Albert Street, East Melbourne has a planning permit.

Created by DCM Architects, the tower has found resolution after 31 months at planning. The most recently advertised version design saw a 20-storey building intended for the site which overlooks Parliament Gardens. 

Included are 105 apartments which are skewed toward single bedroom abodes, after initially being submitted as an ultra-luxury development.

<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/image28melb.jpg" rel="gallery-all" title="East Melbourne, North Melbourne and Southbank in clockwise formation"><img alt="" class="image-article-full-width-580px" height="287" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image28melb.jpg?itok=HLCobtrA" title="East Melbourne, North Melbourne and Southbank in clockwise formation" width="580"></a>

<figcaption>East Melbourne, North Melbourne and Southbank in clockwise formation</figcaption></figure>The planning process for two other developments is all but completed; <a href="/developments/southbank-vic-3006">31 Coventry Street, Southbank</a> and <a href="/developments/north-melbourne-vic-3051">North Melbourne's 15-27 Wreckyn Street</a> both received a Notice of Decision to Grant Permit during August.

The former is an Elenberg Fraser-inspired tower of 120 apartments across 21 storeys for developer <a href="/developers/headland-properties">Headland Properties</a>. It is a redesign amalgamating two separate development sites to create a more substantial scheme with an increased apartment yield and improved resident amenity.

15-27 Wreckyn Street, on the other hand, is UniLodge's latest offering, with hundreds of new student beds sweating on a final permit prior to construction commencing.

<h2>CoPP approve</h2>

Three significant applications within City of Port Phillip can now become bona fide projects. August heralded the approval of <a href="/buildings/saint-moritz-st-kilda-14-16-the-esplanade-st-kilda">14-16 The Esplanade</a>, <a href="/new-apartments/the-charnwood-60-st-kilda-road-st-kilda">54-60 St Kilda Road</a> and <a href="/buildings/park-ave-39-park-street-south-melbourne">37-43 Park Street</a>.

<a href="/developers/barana-group">Barana Group's</a> bid to transform the current Novotel Melbourne <a href="/new-apartments/st-kilda-vic-3182">St Kilda</a> into 236 dwellings can proceed. Under plans conceived by <a href="/architects/metier3">Metier3 Architects</a>, The Esplanade will eventually be home to a collection of townhouses and apartments, with the mix weighted toward larger two and three bedroom apartments.

<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/image32_8.jpg" rel="gallery-all" title="Park Street, St Kilda Road and The Esplanade"><img alt="" class="image-article-full-width-580px" height="403" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image32_8.jpg?itok=8vkIgGhM" title="Park Street, St Kilda Road and The Esplanade" width="580"></a>

<figcaption>Park Street, St Kilda Road and The Esplanade</figcaption></figure><a href="/developers/spacious-property-development-group-pty-ltd">Spacious Group</a> has also found joy with 54-60 St Kilda Road. The developer now has a <a href="/architects/hayball">Hayball-designed</a> apartment building in its keep, with the initial application calling for 103 apartments and 500sqm of retail space within a 10 level building, which will eventually replace a low-rise commercial building currently onsite.

Elsewhere and <a href="/developers/milbex">Milbex</a> has been successful in increasing the size of its intended tower at 37-43 Park Street, South Melbourne. Dubbed 39W, the tower can now accommodate circa 200 apartments across 20 levels and is a short distance to Milbex's initial project in the area at 52 Park street.

<h2>Middle-ring gains</h2>

387-403 Malvern Road received the go-ahead for <a href="/developers/metrobuild-pty-ltd">Metrobuild Pty Ltd.</a> Under plans devised by <a href="/architects/cbg-architects">CBG Architects</a> the 6 level building can accommodate upwards of 40 dwellings.

<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/image36app.jpg" rel="gallery-all" title="Airport West, Hawthorn and South Yarra in clockwise formation"><img alt="" class="image-article-full-width-580px" height="499" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image36app.jpg?itok=gH4pDvux" title="Airport West, Hawthorn and South Yarra in clockwise formation" width="580"></a>

<figcaption>Airport West, Hawthorn and South Yarra in clockwise formation</figcaption></figure>Key projects in <a href="/new-apartments/hawthorn-vic-3122">Hawthorn</a> and <a href="/developments/airport-west-vic-3042">Airport West</a> also received a Notice of Decision during August.

<a href="/new-apartments/hawthorn-vic-3122">538-542 Burwood Road</a> is primed to add 25 apartments for <a href="/developers/miura-group">Miura Group</a> whilst <a href="/developers/one-pacific-asia-group-pty-ltd">One Pacific Asia Group Pty Ltd</a> is closer to making a mixed-use building at <a href="/new-apartments/83-matthews-avenue-airport-west">83 Matthews Avenue</a> a reality. That project shapes as the first major development within the rezoned Airport West Activity Centre, and as submitted would include apartments, serviced apartments and commercial space.

<h2>Suburban splendour</h2>

<a href="/developments/glen-waverley-vic-3150">Glen Waverley</a> continues to attract a solid stream of higher density projects, with the latest approved being <a href="/new-apartments/glen-waverley-vic-3150">50 Montclair Avenue</a>. The development will see 38 apartments and commercial space over 13 levels, in a scheme devised by <a href="/architects/life-design-architecture">Life Design Architecture</a>.

<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/image40app.jpg" rel="gallery-all" title="Glen Waverley and Moorabbin's sprawling South Road development"><img alt="" class="image-article-full-width-580px" height="253" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image40app.jpg?itok=tDDHZ1pq" title="Glen Waverley and Moorabbin's sprawling South Road development" width="580"></a>

<figcaption>Glen Waverley and Moorabbin's sprawling South Road development</figcaption></figure>With its permit issued mere days ago, the largest project on the agenda is <a href="/developments/moorabbin-vic-3189">420 South Road, Moorabbin</a>.

<a href="/architects/peddle-thorp-architects">Peddle Thorp Architects</a> and <a href="/architects/rpc-architects">RPC Architects</a> have combined for the expansive project that sees hundreds of new apartments and a substantial serviced apartment building approved. As submitted the development consists of five buildings of up to 10 levels across a 20,000sqm site.

420 South Road, Moorabbin was at planning for 14 months prior to its permit being granted.
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