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

aqualand

Aqualand, a prominent developer in some of Sydney's best locations, is making waves in North Sydney with a strong commitment to revitalising the area.

Urban.com.au's CEO Mike Bird recently sat down with&nbsp;Alex Adams, Aqualand's Head of Sales and Marketing, to understand a little bit more about how Aqualand operate, their dedication to North Sydney's transformation, and their unique approach to development.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/C5bR4GqPcac?si=sbVYvS2idHpk-TDp" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=30959]

Why North Sydney and Aqualand's Vision

Aqualand's interest in North Sydney is not just a passing whim; it's deeply ingrained in the company's DNA. Their Managing Director's passion for the area trickles down throughout the entire organisation.

[smartcode_project:default project_id=30959 project_image_fid=218005]

Their commitment aligns with the local council's vision to invest a whopping $4 billion into the revitalisation of North Sydney's CBD, with the goal of creating Australia's premier micro city. Aqualand shares this vision and aims to be a significant contributor to this transformative process.

Future-Oriented Living at Aura

Unlike older developments that catered to the needs of the past, Aqualand is keen on addressing the evolving preferences of modern residents. Technology has been a focal point in their planning, with provisions for electric vehicle (EV) charging in the building, catering to the growing number of EV owners among their buyers.

[smartcode_project:default project_id=30959 project_image_fid=203003]

Additionally, Aqualand is going the extra mile by offering three Teslas available for all residents to use, making urban living more convenient and sustainable.

The Ongoing Aqualand Difference

Aqualand doesn't consider their job done once the construction is complete. Their commitment extends into post-completion phases. They have a client relationship team that maintains constant communication with residents. What sets them apart is the AQ Club, a client loyalty program that offers benefits like discounts on future purchases, and access to exclusive events and sponsorships.

Creating a Lasting Legacy

Aqualand's forward-thinking approach extends to the retail spaces within their developments. They understand the value of maintaining active, vibrant retail spaces within their buildings. An excellent example is the success of their retail spaces at Lynfield Village and Lulu, a French boulangerie, which has become a local hit.

[smartcode_project:default project_id=30959 project_image_fid=202987]

Their commitment to offering a diverse and high-quality experience is clear in their diverse offerings, from a French boulangerie to high-end Japanese restaurants and wine bars, all set to open by the time the first apartment is settled at Aura.

A Community-Centric Vision

What makes Aqualand stand out is their dedication to creating not just residences but thriving communities. By integrating their own hospitality assets, they add a personal touch to their developments. This approach not only enhances the lives of their residents but also enriches the overall living experience in the area.

Aqualand's commitment to North Sydney is more than just a development; it's a promise of a better future for residents and the community. With an eye on the future, a focus on technological integration, and a dedication to community development, Aqualand is creating a blueprint for what modern real estate development should look like.

[smartcode_project_cta:default project_id=30959]

Aqualand, a prominent player in the real estate development industry, is making waves in North Sydney with a strong commitment to revitalising the area.

Staff Writer

Why Aqualand Is committed to North Sydney's transformation: Five minutes with Aqualand's Alex Adams

Compromise isn’t a word used to describe the apartments in AURA by Aqualand, the new $1 billion tower in North Sydney.

The lack of need to compromise is what’s driven a large number of local downsizers to the luxury development, given the combination of both size and design offered in the larger apartments towards the top of the 28-level building.

Roseville residents Henry and Sandra Rolley are downsizing from their family home for the last two decades to take up residency in a sub-penthouse on level 24 of the Walker Street tower.

While technological advancements and the internet have changed the way we market real estate, it was the trusted letterbox drop which alerted the couple to the project.

[smartcode_project:default project_id=30959 project_image_fid=202995]

"We visited the display showroom and spoke to Domenic (AURA by Aqualand's Sales Consultant), and everything fell into place from there," Henry says.

Continuing their due diligence so they could get a true feel for what it would be like to live at AURA by Aqualand, Henry and Sandra visited the hotel behind the project and took in the views from the 11th level.

One of Sandra's highest priorities on her wish list was to overlook water.

"The extensive terracing in the sub penthouse, paired with 180 degree views from inside which take in the water, will create a very calming environment for us," Sandra says.

[smartcode_project:default project_id=30959 project_image_fid=202994]

It was important for the couple to stay within the local area, and AURA by Aqualand offered the best apartment for quality finishes, size, and location. The couple recently bought a share in a boat which is being moored in Bayview, across from the Royal Sydney Yacht Squadron in Kirribilli.

The location was a big tick for the couple, who wanted to remain north of the bridge so they could still keep in touch with their friends who live on the North Shore. They're planning to use the new metro, to be accessed by the future Victoria Cross Station next door, to get around the majority of the time, while the penthouse also offers two parking spaces.

"It's easy to get everywhere from the location," Henry says, adding that he's excited to see the extensive redevelopment of North Sydney when the government infrastructure projects kick off.

"The alfresco dining strips and the regenerated areas of North Sydney on our doorstep have a massive appeal for us.

"We get the best of both worlds with the exciting lifestyle precinct planned for the base of the building, but a calming oasis to come home to above it all."

Read more:&nbsp;<a href="/news/nsw/what-penthouse-buyers-are-looking-for-in-today-s-market-a-look-into-aura-by-aqualand-s-penthouse-collection">What penthouse buyers are looking for in today’s market; a look into AURA by Aqualand’s penthouse collection</a>

[smartcode_project:default project_id=30959 project_image_fid=202986]

Henry has been able to watch the project come out of the ground from the greens at Northbridge Golf Course.

"I've seen the cranes come and I can see the movement on site, which is great," Henry says.

"Soon enough we'll be able to see the level our apartment will sit on which will be an exciting milestone for us."

Coincidentally, a friend who knows one of Aqualand's internal construction team members, is part of Henry and Sandra's Saturday morning riding group, and he can't speak more highly of <a href="/developers/aqualand-australia">Aqualand</a> and their efficiency, which Henry says gives him confidence that the delivery timeframe will be achieved.

[smartcode_project:default project_id=30959 project_image_fid=202656]

Construction of the $1 billion project commenced early last year and is over half way through, with completion slated for mid-2024.

The Rolley's weren't the only local downsizers buying a premium apartment in the project.

A couple of empty nesters departing their Northern Beaches home of 45 years recently secured one of the four-bedroom apartments in AURA by Aqualand. They intend to turn one of the bedrooms into a home office.

It will be a big change for the retiring couple, who bought the house when they were 20. Out with the old and in with the new, as they intend to leave the house and sell their furniture and antiques. They'll be buying all new furniture to better match the space, as well as new art.

The couple will be splitting their time between the apartment, which will be their city base, and their two holiday houses.

They said the whole process of buying off the plan with Aqualand has been a great experience.

Read more:&nbsp;<a href="/news/nsw/how-aura-by-aqualand-adds-a-new-jewel-in-north-sydney-s-crown">How AURA by Aqualand adds a new jewel in North Sydney’s crown</a>

[smartcode_project:default project_id=30959 project_image_fid=203003]

“It was our first time buying off the plan, and Aqualand’s professionalism and high degree of organization and knowledge helped us through the buying journey,” they said.

“We constantly get updates on the project and where it’s up to with construction which is important in this sector of the property market. Everything has been smooth sailing in our first off the plan purchase.”

The extensive community-building curated amenity which Aqualand are developing (a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant), were a big drawcard for the retiring couple, who are looking forward to being part of a community and meeting new people.&nbsp;

They're excited to explore the city and immerse themselves in the culture, having lived in the Northern Beaches all their lives.

They'll be constantly entertaining, with kids and grandkids, as well as overseas visitors, all expected to come and stay at the apartment, which effectively has two kitchens with the butler's pantry.

[smartcode_project:default project_id=30959 project_image_fid=202655]

Aqualand Head of Sales and Marketing Alex Adams calls AURA by Aqualand “an heirloom of a building, providing truly rare and unique homes.”

“What was once a beautiful concept is forming into a truly remarkable destination set to be a new masterpiece in North Sydney,” Adams says.

“The elegant forms and curves of the building are taking shape and the installation of the glass frame facade is making its way up level by level.

“A new release of residences, including a selection from our breathtaking penthouse collection is available and now selling, providing a once in a generation opportunity.”

With construction well underway, the main tower will start climbing to its peak at level 28, with the residential levels forming individual apartments with services, internal walls, and bathroom and kitchen fitouts to commence.&nbsp;

[smartcode_project_cta:default project_id=30959]

Roseville residents Henry and Sandra Rolley are downsizing from their family home for the last two decades to take up residency in a sub-penthouse on level 24 of the Walker Street tower

AURA by Aqualand offers exciting new phase for downsizers

Aura by Aqualand, a multi-billion dollar transformation of North Sydney, introduces a new way of living in this new CBD precinct.

An ideal location for the next generation of homeowners, businesses and visitors, North Sydney hugs the Sydney Harbour and the city&rsquo;s heartland precincts.

Situated at Walker Street, Aura enjoys a position in close proximity to leading schools, beautiful walks and cultural icons.

Aqualand calls this a &ldquo;new era&rdquo; for North Sydney, with plans for the area visionary in their scale.

[smartcode_project:default project_id=30959 project_image_fid=181048]

This includes 19 key projects in the area delivered by government and private investment, representing an addition of more than 17,000sqm of new parks and plazas.

&ldquo;These visionary new public spaces reveal a dynamic cosmopolitan lifestyle woven into lush greenery and sun-lit corridors&rdquo;, Aqualand Australia note.

Designed by Woods Bagot and Richards Stanisch, Aura will deliver a 28-level tower which will comprise a mix of 386 luxury residences, retails, dining precinct, and commercial spaces.

[smartcode_project:default project_id=30959 project_image_fid=181049]

Extensive resident amenities are also on offer, including pool and gym, dining and entertaining area and outdoor barbecue facilities.

Aqualand&#39;s recently launched hospitality arm, Etymon Projects, has also been engaged on the project to manage a providore, artisan bakery and a contemporary Japanese eatery.

Residents will benefit from decade-long plans designed to transform North Sydney, including a large investment in green spaces and entertainment precincts, and a new pedestrian space on Miller Street. &nbsp;

[smartcode_project:default project_id=30959 project_image_fid=181068]

Between Berry Street and the Pacific Highway, the closure of Miller Street gives room for a 7,450sqm public plaza outside the Victoria Cross metro station.

Other transformations include the conversion of the tramway viaduct to create a large active recreation space and an upgrade to Primrose Park.

This includes four new tennis courts, a barbeque area and a children&rsquo;s playground, while the city will also see new laneways running between buildings and vibrant cafes.

[smartcode_project_cta: project_id=30959]

Situated at Walker Street, Aura enjoys a position in close proximity to leading schools, beautiful walks and cultural icons

max.kwok_55688

How Aura by Aqualand takes advantage of the transformation of North Sydney 

Demand has soared at AURA, Aqualand's $1 billion North Sydney mixed-use tower, with 70 per cent of the first stage already sold.

Local downsizers have been the keenest of buyers so far in the luxury tower, with three-bedroom apartments priced from $3 million proving the most popular as house prices skyrocket across the state.

Two of the sub penthouses sold for $8 million and $8.15 million, with one of the penthouses selling to a local Mosman downsizer.

&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=184943]

The attraction for the majority of buyers was the mixed of being in a leafy residential location, near North Sydney Oval, while also being aware of all of the transformation of the suburb with extensive investment planned.

Heavy government and private investment in North Sydney has been laid out,&nbsp;with 19 key projects to reinforce Miller Street as the civic spine of North Sydney, delivering over 17,000 sqm of new parks and plazas, creating a new network of laneways, and improving pedestrian safety and amenity.

The closure of Miller Street to cars will open a 7,450 sqm public plaza outside the Metro Station and a new smaller plaza outside the post office.

Plans are in place to turn the tramway viaduct into a large active recreation space and new laneways running between buildings and spaces will create hidden pockets of North Sydney, with&nbsp;new cafes and bars and walking trails.

[smartcode_project:default project_id=30959 project_image_fid=181068]

The new Sydney Metro Victoria Cross station, adjacent to AURA, adds another transportation option to the number of trains, buses, ferries, pedestrian and cycling paths at its doorstep, in addition to the freeways in each direction.

Barangaroo is accessible by train in just three minutes.

AURA, at 168 Walker Street, has been designed by award-winning architects Woods Bagot and Richards Stanisich with views overlooking Sydney Harbour, Sydney CBD and North Sydney Oval top of the design thinking.

Apartments feature a simple&nbsp;palette of white marble as a backdrop for the of natural light that comes in through floor-to-ceiling windows, augmented by mirrored surfaces, glazed walls and translucent screens. Residents can choose from three&nbsp;colour schemes—dark, mid, and light.

[smartcode_project:default project_id=30959 project_image_fid=181048]

Marble benchtops anchor kitchen spaces, while marble flooring sits below tall mirrors with dark bronze powder-coated framing in the bathrooms.&nbsp;The bathrooms&nbsp;also feature&nbsp;highest standard in materials—from toughened fluted glass to premium tiling and marble.

All apartments offer an open space living to winter gardens, while apartments feature a multi-functional room that facilitates use as a secondary living area, an office, or bedroom.

Aqualand has also just launched its new hospitality arm, Etymon Projects, incorporating a dedicated, world-class concierge service designed to create a 360-degree lifestyle development offering with exceptional service.

Aqualand’s vision is to bring the 5-star hotel experience to its developments by combining traditional concierge services with lifestyle management for the first time.

[smartcode_project:default project_id=30959 project_image_fid=181066]

The new service takes its lead from New York, China, Singapore and Hong Kong luxury apartment living, where applying hotel services and a hospitality ethos to homes isn’t new. In addition,&nbsp;Etymon Project’s next-level The Club will custom-fit its services to fit individual lifestyles.

Options will include Home Management (grocery put away, coordinating tradespeople, watering plants and vehicle maintenance) and Home Event Planning (dinner parties, children’s birthdays and more).

Etymon Projects will also manage a providore, artisan bakery, casual diner and a contemporary Japanese eatery in AURA’s vibrant culinary precinct, acting as an extension to residents&nbsp;apartments and a social anchor for the local community.

[smartcode_project_cta: project_id=30959]

The attraction for the majority of buyers was the mixed of being in a leafy residential location, near North Sydney Oval, while also being aware of all of the transformation of the suburb with extensive investment planned

Downsizer's drive stage one of Aqualand's $1 billion North Sydney apartment tower AURA to 70% sold

The $1 billion mixed-use development, AURA by Aqualand, is lined up to be the focal point of the transformation of North Sydney.

AURA, which will comprise a mix of&nbsp;386 luxury residences, retails, dining precinct, and commercial spaces at 168 Walker Street, will give residents&nbsp;gun barrel panoramic views of the&nbsp;Sydney Harbour Bridge, Luna Park, and the Sydney Opera House.

Award-winning architects from Woods Bagot and Richards Stanisch have combined to create the 28-level tower and apartments, which for off the plan buyers will be available in three different colour schemes;&nbsp;dark, mid, or light.

[smartcode_project:default project_id=30959 project_image_fid=181044]

The highest standard in materials will be used throughout, from toughened fluted glass to premium tiling and marble.

Each apartment will open to a balcony with winter gardens. They have been designed to offer different floorplans and flexible solutions to balance working and living at home.

There will be extensive resident amenity, including a&nbsp;ground level pool and gym, a dining and entertaining area on level nine, and outdoor barbecue facilities, a sun deck, and dining rooms on the top level.

[smartcode_project:default project_id=30959 project_image_fid=181059]

AURA residents will also benefit from Aqualand's recently launched hospitality arm, Etymon Projects, which incorporates a dedicated concierge service&nbsp;designed to create a 360-degree lifestyle development offering with exceptional service.&nbsp;

Aqualand’s vision is to bring the 5-star hotel experience to its developments by combining traditional concierge services with lifestyle management for the first time.

The new service takes its lead from New York, China, Singapore and Hong Kong luxury apartment living, where applying hotel services and a hospitality ethos to homes isn’t new.

[smartcode_project:default project_id=30959 project_image_fid=181045]

Etymon Project’s next-level The Club will custom-fit its services to fit individual lifestyles perfectly. Options will include Home Management (grocery put away, coordinating tradespeople, watering plants and vehicle maintenance) and Home Event Planning (dinner parties, children’s birthdays and more).

Etymon Projects will also manage a providore, artisan bakery, casual diner and a contemporary Japanese eatery in&nbsp;AURA’s vibrant culinary precinct, acting as an extension to residents' apartments and a social anchor for the local community.

Buyers only need to look to Aqualand's most recent successful mixed-use precinct at Central Barangaroo, where the developer was in charge of delivering the&nbsp;residential, commercial, and public spaces.

Aqualand, led by founder and managing director, Jin Lin, has also recently completed the $420 million&nbsp;Blue at Lavender Bay, the luxury apartment tower with 130 apartments, as well as The Revy on Darling Island.

[smartcode_project:default project_id=30959 project_image_fid=181068]

"The vision for AURA is simple enough, but ambitiously bold," Lin says.

"We see this as a once-in-a-generation development, shaping the future of North Sydney and modern luxury living in Australia."

Aqualand's head of sales and marketing, Alex Adams, says there are two ways to create a dream home.

"[You can] build an average product and hope that people will love it, or you can design something that's iconic and special, that jusut doesn't compare to anything that has ever existed before", Adams says.

[smartcode_project:default project_id=30959 project_image_fid=181055]

"Aura is the latter, an heirloom we hope our home owners will keep within their families for generations.

The first stage of apartments are set to be released to the market, starting from $995,000. There will be 102 apartments in the release, a mix of one, two and three-bedroom apartments.

AURA is expected to be the centrepiece of the ever evolving North Sydney precinct, which is expected to become Sydney's second CBD hub with the amount of plans and infrastructure in the pipeline.

[smartcode_project:default project_id=30959 project_image_fid=181063]

The closing of Miller Street to cars and&nbsp;the massive investment in green spaces and entertainment precincts is expected to increase its attractiveness to future residents.

There are 19 key projects currently reincofrcing Miller Street as its civic spine. Plans are underway for over 17,000 sqm of new parks, plazas, and laneway networks. There's also plans for a&nbsp;Warringah Land Bridge will connect North Sydney with the other side of the freeway, and plans to turn the tramway viaduct into a large active recreation space.

The new Sydney Metro Victoria Cross station will sit adjacent to AURA.

Some 80,000 workers are expected in North Sydney by 2036.&nbsp;

[smartcode_project_cta: project_id=30959]

"The vision for AURA is simple enough, but ambitiously bold," Aqualand founder and managing director Jin Lin says.



"A once-in-a-generation development" - Sales set to launch at Aqualand's luxury North Sydney apartment tower, AURA 

Aqualand&rsquo;s flagship $420m development Blue at Lavender Bay is now complete.

Off the plan buyers are moving in to 61 Lavender Street, Milsons Point. 
&nbsp; 
Blue at Lavender Bay has 130 luxury residential apartments.

Blue&rsquo;s final sales release this month includes just 30 residences.&nbsp;

The remaining apartments include: 
1 bedrooms from $1,160,000 
2 Bedrooms from $1,750,000 
3 bedrooms from $4,100,000

[smartcode_project:default project_id=5770 project_image_fid=24110]

Aqualand is now preparing to bring to market its latest masterpiece, Aura North Sydney.

Aqualand&rsquo;s new hospitality arm, Etymon, has been launched set to provide concierge services.

Aqualand&rsquo;s vision is to bring the 5-star hotel experience to its developments by combining traditional concierge services with lifestyle management for the first time. 
&nbsp; 
Accessible 24/7 to Blue owners and residents, Etymon&rsquo;s highly experienced concierge team can make dining reservations and theatre bookings, welcoming guests, managing everything from parcels to parking, planning itineraries or finding the perfect gift. 
&nbsp; 
&ldquo;We wanted to elevate the level of concierge service within Aqualand developments to set a new standard within the Australian luxury apartment market,&rdquo; explains Lisa Hobbs, Etymon CEO.&nbsp;

&ldquo;Our emphasis is on delivering a hospitality style service that stands out to residents as having their needs, wants and desires at the centre of our approach.&nbsp; 
&nbsp; 
&ldquo;We&rsquo;re taking our lead from New York, China, Singapore and Hong Kong luxury apartment living, where applying hotel services and a hospitality ethos to homes isn&rsquo;t new. People will select their residence based on the concierge provided and are well prepared to pay for their services,&rdquo; she adds. 
&nbsp; 
Etymon&rsquo;s The Club will custom-fit its services with options will including home management (grocery put away, coordinating tradespeople, watering plants and vehicle maintenance) and home event planning (dinner parties, children&rsquo;s birthdays and more). 
&nbsp; 
In October, Etymon will also launch a new restaurant at Blue&rsquo;s base for fine dining in the North Sydney precinct. Part bistro, boulangerie and traitor, Loulou will by spearheaded by head chef Billy Hannigan (ex-The Ledbury and Bistro Guillaume), general manager Lucas Christofle (ex-Half Acre), bar manager, Colin Tam (ex-Charlie Parker&rsquo;s) and sommelier Shun Eto (ex-Icebergs).

[smartcode_project:default project_id=7559 project_image_fid=25809]

Blue’s final sales release this month includes 30 residences

jchancellor-FAypfDUnLy

Aqualand off the plan buyers move into Blue

<html><body>
Aqualand has recently celebrated the structural completion of its iconic $420m North Sydney development, <a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">Blue at Lavender Bay</a>. This monumental tree-topping* event was attended by Managing Director of Aqualand, Jin Lin, Aqualand CEO, John Carfi, and Mayor of North Sydney Council, Jilly Gibson, alongside the wider team.  

<figure><a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point"><img alt="" class="image-article_full_width_580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/aqualand_1.jpeg?itok=Czv7941w" title="Blue by Lavender Bay. Image supplied. " width="580"></a>

<figcaption>Blue by Lavender Bay. Image supplied.</figcaption></figure>With 75% of the current collection sold due to high-demand, Aqualand is primed to release additional residences in the following year. As a luxury development, recent sales include a $6.95m, 3 bedroom apartment, a $1.9m 2 bedroom apartment, and a $1.35m 1 bedroom apartment. 

The success of Blue by Lavender Bay has also propelled the launch of Aqualand’s newest project at 168 Walker Street, North Sydney, scheduled for launch in July 2021, this collection will feature approximately 400 residences, as well as a vibrant new retail precinct. A second development, situated in one of <a href="https://www.homely.com.au/belmont-st-alexandria-sydney-sydney-greater-new-south-wales" target="_blank">Sydney’s best locations</a>, Belmont St, Alexandria, will see another 20 additional boutique-style apartments by the end of 2021. 

<figure><a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point"><img alt="" class="image-article_full_width_580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/aqualand_2.jpeg?itok=lgJjBMa5" title="Blue by Lavender Bay. Image supplied." width="580"></a>

<figcaption>Blue by Lavender Bay. Image supplied.</figcaption></figure>The suburb of North Sydney holds a significant portion of Aqualand’s assets in addition to Blue by Lavender Bay and Walker Street, including commercial towers in Blue Street, and numerous buildings in Arthur Street. 

Head of Aqualand’s Sales and Marketing, Alex Adams, noted the growing demand for housing in Northern Sydney suburbs and Aqualand involvement in future constructions.  

<blockquote>
“Market activity and buyer interest has been increasing of late as purchasers see construction well on the way to completion.”
</blockquote>

Primely located in North Sydney’s harbour-side, Blue at Lavender Bay offers 128 spacious apartments designed by renowned <a href="/architects/ptw">PTW architects</a>, with configurations of 1, 2 or 3 bedrooms available. Each home offers unparalleled views of the waterfront, natural stone kitchen features, stone floors, and open-plan living spaces. <a href="https://www.domain.com.au/news/sydneys-top-10-liveable-suburbs-revealed-20160728-gqftrl-281465/#:~:text=And%20now%20he%20has%20official,Consultants%20and%20Deloitte%20Access%20Economics%20." target="_blank">Crowned as Sydney’s most liveable suburb</a>, Lavender Bay provides residents with a coastal village lifestyle surrounded by local cafes, restaurants, public transport and schools, all within walking distance to the CBD. 

<figure><a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point"><img alt="" class="image-article_full_width_580px" height="773" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/walker_st_image.jpeg?itok=R_icfV4S" title="Blue by Lavender Bay. Image supplied." width="580"></a>

<figcaption>Blue by Lavender Bay. Image supplied.</figcaption></figure>*Tree-topping ceremonies hold a century-long tradition with structural completions and signifies a successful execution of a project. 

<h2>Other projects in North Sydney: </h2>

<ul>
<li><a href="/new-apartments/aqualuna-30-alfred-street-milsons-point" target="_blank">Aqualuna </a></li>
	<li><a href="/buildings/blue-at-lavender-bay-61-lavender-street-milsons-point">Blue at Lavender Bay</a></li>
	<li><a href="/new-apartments/milsons-point-nsw-2061">74-80 Alfred Street</a></li>
	<li><a href="/developments/kirribilli-nsw-2061">85-87 Carabella Street</a></li>
	<li><a href="/new-apartments/106-kirribilli-avenue-kirribilli">106 Kirribilli Avenue</a></li>
</ul>
</body></html>

linda_53241

Aqualand celebrates tree-topping ceremony for Blue at Lavender Bay

<html><body>
The Chinese developer Aqualand has lifted its investment in the ASX listed McGrath estate agency from 15 per cent to 18.5 per cent.
The increase in its stake follows Aqualand’s acquisition of an <a href="/news/mcgrath-secure-10-7-million-strategic-investment-from-aqualand">initial 15 per cent in McGrath last year</a>. 
Aqualand will remain McGrath’s second largest shareholder, behind John McGrath's own 22 percent stake.
The acquisition of shares by Aqualand follows a strategic relationship being struck with McGrath last year to explore opportunities for both groups to work more closely together on future prestige project marketing opportunities.
McGrath CEO Geoff Lucas said Aqualand further committed to McGrath "with the belief that our transformation plan is gaining traction, while also looking to take advantage of any strategic opportunities.”
“AL Capital and the Aqualand Group have great confidence in McGrath," Wayne Mo, CEO of Aqualand Group’s investment arm AL Capital said.
There have not been any apartment projects being marketed by McGrath. McGrath shares closed yesterday at $0.215.
Aqualand bought its initial shares when the shares were trading at around $0.425 per share.
Recently Aqualand Australia finally sold its last apartment in Upper North Shore project The Heysen, Turramurra which had two apartments remaining for sale last November. 
Last month Aqualand <a href="/news/oxford-properties-sells-barangaroo-central-to-aqualand">secured the development stake</a> of Barangaroo Central from Oxford Properties.
 
</body></html>

j.ballantyne1990-6AQqhLzZaK

Aqualand takes bigger stake in McGrath estate agency

<html><body>
Canadian development giant Oxford Properties is set to sell its development stake in Sydney's Barangaroo Central project to Aqualand.
According to the Australian Financial Review, Aqualand has closed a "provisional agreement" with Oxford Properties for an undisclosed sum.
Aqualand are also set to take over construction on the 5.2 hectare site.
Oxford had <a href="/news/canadas-oxford-properties-secures-grocons-barangaroo-central-project-equity">joined the consortium last year</a>, securing the right to Grocon's office development rights in the $2 billion project.
Oxford, led by US-based Hines Real Estate, paid around $100 million to secure the office development rights over which Grocon had control.
It was last November when Grocon was <a href="/news/grocon-aqualand-and-scentre-group-awarded-central-barangaroo-precinct">awarded the conjunctional development rights</a> to the $2 billion Barangaroo Central development.
<div class="cq-article-content-media section">Grocon, led by property scion Daniel Grollo, joined with Scentre, who are overseeing the development of the shopping centre, and Aqualand, in the winning consortium.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">Financial pressures continued to press on Grocon who earlier this year sold their final development rights to Aqualand.</div>
</body></html>

Oxford Properties sells Barangaroo Central to Aqualand

<html><body>
Club owner Russell Crowe won't be able to enter, but the South Sydney Rabbitohs faithful are being encouraged to enter an infield obstacle course competition that could see them win a $1 million one bedroom Sydney harbourside apartment.
The Chinese property developer Aqualand, who are the home ground sponsors of the South Sydney Rabbitohs, has embarked on an unusual marketing campaign to get greater recognition across Sydney.
In the lead up to the Bunnies game against the Dragons next month, fans are being encouraged to follow Aqualand's social media channels for a chance to win the apartment.
It's a promotional push from Aqualand who have around 40 apartments left to sell in Blue, their 129 apartment tower at Milsons Point (below).
All four Burgess brothers are helping promote the competition.
Fans will need to follow the Aqualand social media accounts, currently obscure with just 1,550 followers on Instagram, and 650 on Twitter.
(Russell Crowe has 700,000 followers.)
<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/2019/6/28/Aqualand%20Blue.jpg" alt="">
The contestants who sign up the most friends for Aqualand will secure the opportunity to participate in an on field obstacle course.
The winner will advance and face a game of chance where there is small possiblity they could win the apartment.
Expectant fans unfortunately won't get to see Rabbitohs owner Russell Crowe throwing his weight around given staff, players and their family members are not permitted to enter.
The competition went live yesterday with over 500 entries in the first 30 minutes.
It is not restricted to Rabbitohs fans.
The Lavender Street building was the 18 level Samsung office block before Aqualand bought it for $140 million in 2016.
<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/2019/6/28/Aqualand%20Blue%202.jpg" alt="">
They called in PTW Architects to design the luxury 129 apartment tower. There are less than 40 units left to sell.
When sales launched in 2017, the sub-penthouse sold for $8 million.
Both of the buildings penthouses were sold this time last year, one fetching $9 million and the other selling for $10.5 million.
Blue was marketed as the last residential conversion development in the Milsons Point area with views to the city and Harbour Bridge.
This article was first published in the Daily Telegraph.
 
</body></html>

aqualand

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

aqualand

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News