Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Joel Robinson

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

South East Queensland’s apartment market is entering a new phase defined by rising prices, constrained affordability, and mounting pressure on the construction pipeline, according to RPM Group’s latest SEQ Apartments &amp; Townhomes Market Report.

The May 2026 report highlights a widening divide between what buyers can afford and what developers can viably deliver, with detached house prices continuing to push more buyers toward apartments across Brisbane, the Gold Coast, and the Sunshine Coast.

RPM says Brisbane’s median house price has reached around $1.5 million, accelerating the shift toward higher-density housing as buyers are increasingly priced out of the detached market.

[smartcode_project:default project_id=135094 project_image_fid=356540]

Median unit prices rose across all three major SEQ markets in the March quarter. Brisbane City recorded the strongest annual growth, with median unit prices climbing 21 per cent to $862,000, while the Gold Coast reached the highest overall median at $950,000, up 17 per cent year-on-year. The Sunshine Coast followed at $870,000, representing annual growth of nine per cent.

RPM noted the affordability gap between houses and units remains significant, with detached homes commanding premiums of 67 per cent in Brisbane and 68 per cent on the Gold Coast relative to apartments.

The report suggests this price disparity is increasingly consolidating buyer demand within the apartment market, particularly among downsizers and owner-occupiers.

“Demand is real. Supply is moving. But they’re operating on different timelines and the gap between what’s being built and what buyers can afford is the defining tension in this market right now,” RPM Queensland and NSW Managing Directors Peter Neale and Clinton Trezise said in the report.

[smartcode_project:default project_id=150787 project_image_fid=366230]

While approvals and commencements are strengthening, RPM argues the delivery pipeline remains constrained by construction costs, labour shortages, and extended build timelines.

Apartment approvals across Queensland increased 86 per cent over the year to February 2026, reaching 12,682 approvals, the highest level recorded since 2016. Brisbane overtook the Gold Coast as the state’s most active apartment approval market, with nearly 5,000 apartments approved over the past 12 months.

Unit commencements also strengthened considerably, rising 48 per cent year-on-year to 5,453 commencements in the December 2025 quarter, the highest level since 2018.

However, RPM’s research found apartment delivery timeframes have expanded sharply compared to the previous cycle. Projects are now averaging around 30 months from approval to completion, compared to roughly 20 months a decade ago.

[smartcode_project:default project_id=143932 project_image_fid=367515]

The number of units under construction has climbed to approximately 31,530 dwellings, nearing the previous 2016 peak, though projects are remaining in the pipeline for considerably longer.

Construction costs continue to weigh heavily on feasibility. RPM found the average apartment construction cost in Greater Brisbane reached $630,000 per dwelling in 2025, exceeding both Sydney and Melbourne. Coastal Queensland markets, including the Gold Coast and Sunshine Coast, were even higher at an average of $817,418 per apartment due to the prevalence of larger premium product.

The report also points to increasing pressure from Olympic-related infrastructure spending ahead of Brisbane 2032, with labour competition expected to intensify over the next several years.

[smartcode_project:default project_id=150017 project_image_fid=370960]

ANZ Associate Director of Property Daniel Gradwell said the underlying demand drivers across South East Queensland remain strong, supported by interstate migration, downsizers, and population growth.

“The challenge is bringing enough supply to market to meet that demand, and nothing on the horizon makes that straightforward,” Gradwell said.

RPM’s analysis found the affordability challenge is becoming more pronounced in the new apartment market itself, with only three per cent of surveyed new apartments priced below $1 million.

Instead, the market is increasingly concentrated in higher price brackets, with the most common new apartment price band across SEQ sitting between $1.5 million and $1.75 million. Around half of all new apartment stock surveyed is priced below $2 million.

The report suggests developers are not necessarily avoiding lower price points by choice, but because current construction economics make delivering affordable apartments increasingly difficult at scale.

Rental conditions also remain tight across the region. Median rents for one-bedroom apartments rose 12 per cent in Brisbane over the past year to $580 per week, while Gold Coast one-bedroom rents increased nine per cent to $630.

Despite rising rents, RPM noted bond lodgements have generally trended downward over the past five years, indicating more apartments are being absorbed by owner-occupiers rather than retained as investor-held rental stock.

Looking ahead, RPM expects projects targeting the mid-market owner-occupier segment between $1.25 million and $2 million to remain the most viable part of the market, while premium projects in highly constrained coastal or riverfront locations continue to attract demand.

“Construction costs are rewriting the feasibility rulebook across Greater Brisbane, and with little relief in sight, only projects in the right price band, right location, and with presales secured early will make it through,” the report concludes.

SEQ apartment demand outpacing affordable supply as construction timelines stretch: RPM

Burleigh Heads

The South East Queensland developer Spyre Group has lodged plans for their most boutique project yet on the Gold Coast.

Having spent around $11 million on 10 Goodwin Terrace, Burleigh Heads, earlier this year, the Andrew Malouf-led developer has filed for an exclusive collection of just three apartments on the near beachfront site.

Designed by bureau^proberts with landscaping from Cusp, 10 Goodwin is crowned by a two level penthouse with its own private rooftop pool.

&ldquo;10 Goodwin Terrace brings something new to the long-established coastal neighbourhood of Burleigh Heads,&rdquo; the design statement from bureau^proberts suggests.

<img alt="" height="814" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_4.jpg" width="1200" />

&ldquo;It resolves a form and envelope that achieves transparency where maximum exposure is required and shelter where refuge is called for. Demonstrating a deep understanding of the qualities of this site, the architecture creates an expression that honours a coastal landscape and reinforces a sense of belonging to its place.&rdquo;

There was a pre-lodgement meeting with the Gold Coast City Council where a six level development was discussed, however despite the height of adjoining towers, the council considered the building height to represent a departure from the medium density residential zone code and the strategic framework.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_5.jpg" width="1200" />

Spyre&nbsp;went away and came back with just the three apartments, each with a density of one bedroom per 60 sqm.

Goodwin Terrace has been popular for boutique apartment developments. The local developer&nbsp;FORME, led by managing director David Calvisi, recently sold out Luna, at 50 Goodwin Terrace. Those apartments had a starting price of $4.1&nbsp;million.

FORME also sold out&nbsp;Norfolk, designed by Koichi Takada Architects, at 46 Goodwin.

<a href="/developments/gold-coast-qld?source_news_article_id=104762&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_20.jpg" width="1200" /></a>

Spyre have had success locally too, with their sold-out Natura development located around the corner on The Esplanade. More recently Spyre&nbsp;sold out their Coolangatta apartment development Cala Dei in just four weeks.&nbsp;

The&nbsp;collection of 31 two and three-bedroom residences sold for an average of $1.9 million, with 11 sales recording a purchase price over $2.5 million.

Design Statement

10 Goodwin Terrace, Burleigh Heads is an expression of the natural landscape - suspended between an ancient, rugged headland and endless, glassy ocean. Drawing parallels to the topography of Burleigh Headland, the building form steps in unison with the topography. The architectural envelope echoes the ephemeral quality of the ocean with a rippling surface of fluted glass enclosing eastern and western sides. Three whole-floor apartments frame the panorama of rolling sands and Coral Sea that stretches north from this place of unrivalled aspect and outlook.&nbsp;

While the architecture explores an expression that abstracts and champions an exhilarating coastal location, the development is committed to making an enduring contribution to the street and neighbourhood of Burleigh Heads. This will be achieved through carefully considered street and boundary interfaces and a commitment to an architectural and landscape expression that honours this place of natural beauty. For residents of the development, the architecture will create a sanctuary that amplifies the divine qualities of this location &ndash; drawing inside, the sound of waves, salt-laden breezes and tempered, sub-tropical sunlight.&nbsp;

The interior realm explores an experience that presents in trilogy. It is distinguished by open, invited, and private realms which draw distinctive parallels to the open expanse of the ocean, the intermediary shoreline, and the sanctuary found in the refuge of the landscape. This linear sequence, connecting living spaces overlooking the shoreline to private retreats nestled into the foothills of Burleigh Heads, captures the full spectrum of the building&rsquo;s distinctive, spatial experience.&nbsp;

<img alt="" height="729" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_2.jpg" width="1200" />

On the rooftop, the ambition to create a habitable, formed landscape is legible in the expression of cascading pools and terraces. Natural landscape is interwoven to create shade and ground the experience in this place of elevation. Smaller gardens take seed in the crevices of the fa&ccedil;ade where the fluted shell of the east and west fa&ccedil;ade merge to become solid panels encasing the southern edge.

Landscape is further sown into sculptural gardens framing the edges to balconies. Mature, native landscape is introduced at street level to create inviting spaces for the public realm.&nbsp;

<img alt="" height="628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/spyre_rooftop.jpg" width="1200" />

10 Goodwin Terrace brings something new to the long-established coastal neighbourhood of Burleigh Heads. It resolves a form and envelope that achieves transparency where maximum exposure is required and shelter where refuge is called for. Demonstrating a deep understanding of the qualities of this site, the architecture creates an expression that honours a coastal landscape and reinforces a sense of belonging to its place

[smartcode_project_cta: project_id=104773]

Designed by bureau^proberts with landscaping from Cusp, 10 Goodwin is crowned by a two level penthouse with its own private rooftop pool

First look: Spyre Group lodge exclusive Burleigh Heads apartment development

In the 1930s the Old Burleigh Theatre&nbsp;was a popular cinema and&nbsp;dance hall.

The Goodwin Terrace building is now set to start its new life as a mixed-use development, with the Sydney-based developers Weiya Holdings&nbsp;receiving&nbsp;sign off from the Gold Coast Council to create a new local hotspot.

The development&nbsp;will be&nbsp;the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

Weiya Holdings Managing Director Wei Wang said they are looking forward to bringing Burleigh Heads the innovative project.

&ldquo;It&rsquo;s been a long road to get here but we are extremely grateful for the feedback from community that allowed us to devise a truly unique design that maintains that connection to the community while providing sought-after residences on one of the Gold Coasts&rsquo; most coveted beachfronts,&rdquo; Mr Wang said.

Sales are set to launch in the coming weeks for the residential component of the building, the 13-level apartment tower dubbed&nbsp;De-Luxe, named as a nod to the building&#39;s former life.&nbsp;

<img alt="" height="835" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/de_luxe_2.jpg" width="1200" />

That will sit above the existing two storey volume, which will home a street front retail arcade with modern cafe and retail tenancies.

There will be 30 apartments designed by the Brisbane-based architecture firm Conrad Gargett, who specialise in heritage restoration.

Conrad Gargett director John Flynn said the project is exceptionally unique.

&quot;It&#39;s unlike anything we&#39;ve ever seen on the Gold Coast&quot;, Flynn says.

&ldquo;The adaptive reuse of heritage elements aligns De-Luxe&rsquo;s design approach with matured planning schemes employed across some of the world&rsquo;s biggest cities, which is an incredible accolade to be bringing to Burleigh.

<img alt="" height="727" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/de_luxe_3.jpg" width="1200" />

&ldquo;It&rsquo;s difficult to get the cohesion between historic architecture and modern amenity just right, but I believe it&rsquo;s a balance we&rsquo;ve managed to strike with the design of De-Luxe.&rdquo;

Traces of the building&rsquo;s history will be woven throughout the redeveloped structure, including a colonnade of brick piers on the podium&rsquo;s western fa&ccedil;ade and public ground floor space showcasing snapshots and motion picture screen detailing the theatre&rsquo;s history and models highlighting the many phases of the building&rsquo;s life.

Patrick Pancur, sales and marketing manager from Weiya Holdings, has been appointed to market the project.

The development will be the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

De-Luxe apartments set to tower over Old Burleigh Theatre site

The Esplanade, the sought-after strip&nbsp;in Burleigh Heads facing the beach, is seeing record high demand from buyers looking for high-end apartments on the Gold Coast.

A number of projects in recent months have sold out, and now&nbsp;Allure Property Corporation have secured the sales of over half of their apartments in their&nbsp;boutique apartment development 88 Burleigh within just&nbsp;four weeks of the project launch.

Local and interstate downsizers with an existing connection to Burleigh Heads have been the drivers in the $55 million worth of sales, with the average price point around $2.65 million.

Place Projects agent Bruce Goddard said there were 360 inquiries within the first two weeks of its launch.

"The interest has been nothing but stunning with more than half the building secured in a fortnight from 360 inquiries,” said Mr Goddard. “Buyers all know Burleigh well, so we are preaching to the converted.

[smartcode_project:default project_id=92609 project_image_fid=157098]

“The interstate buyers from Melbourne and Sydney all have some existing connection with Burleigh Heads as previous or existing investors, and this is the same from Brisbane.

“Gold Coast buyers make up about 60 per cent of the latest purchases with many of these upgrading from existing apartments along The Esplanade or local buyers downsizing from homes within the Burleigh locale.”

The $90 million development will comprise a 17-level tower with 31 three bedroom apartments designed by DBI Architecture.

[smartcode_project:default project_id=92609 project_image_fid=157100]

Crowning the development will be a 400 sqm penthouse with a private rooftop pool, internal garden, entertaining lounge and 270-degree ocean and beach views from Burleigh Heads to Surfers Paradise.

All the lower-level apartments feature three bedrooms and each apartment’s lobby opens directly on a sky garden forming a vertical green spine on its northern and southern facades.

Recently FORME lodged plans for another <a href="/news/qld/tower-reveal-burleigh-heads-set-for-new-koichi-takada-apartment-tower-by-forme">Koichi Takada-designed apartment tower at 96 The Esplanade</a>, following on from the success of their nearby luxury development Norfolk.

Place Projects agent Bruce Goddard said there were 360 inquiries within the first two weeks of its launch

88 Burleigh sells half its apartments within four weeks of launch

The local developer FORME are set for their fifth luxury beachfront Gold Coast project.

They've submitted plans to the City of Gold Coast council for a 17 level tower of just 30 apartments, designed by the renowned architect Koichi Takada.

It's the second time FORME have engaged Takada to design, after huge success with their other nearby Burleigh Heads developments Norfolk.

[smartcode_project:default project_id=99968 project_image_fid=159160]

"Since the scaffold dropped at Norfolk, the building has quickly become an icon" FORME managing director David Calvisi says, with the architecture flooding social media. Even the popular beach photographer&nbsp;Aquabumps have prints available of the iconic facade.

"Norfolk has been a great success and it was important we carried the key elements of its success, mainly via the architecture, through the design at 96 The Esplanade", Calvisi added.

The&nbsp;new&nbsp;development&nbsp;will home 23 half-floor apartments of around 220 sqm, as well as three full-floor residences with around 440 sqm of space.

<a href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads"><img alt="" data-entity-type="" data-entity-uuid="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/burleigh_2_0.jpg" width="1200" /></a>

Crowning the tower will be a special&nbsp;two level penthouse. Across its 790 sqm floor plate will be a gym, library, theatre and private rooftop pool.

The layouts of all of the apartments have been designed to maximise the views and take in natural light. The open plan living areas typically have bene oriented east to face the ocean, with more private spaces located at the rear of the building.

The Melbourne-based MIM Design is handling the interiors.

<a data-entity-type="" data-entity-uuid="" href="/new-apartments/isabel-by-mosaic-96-the-esplanade-burleigh-heads"><img alt="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/p02.jpg" width="1200" /></a>

The Sydney-based Takada, who is rarely seen on boutique projects,&nbsp;said 96 Esplanade has been the work of the same team as Norfolk on an equally amazing waterfront site.

“Nature inspired architecture and organic curves are designed to maximise views to the ocean and light, capturing the beauty of the Gold Coast and the essence of coastal living," Takada said.

“A simple and elegant design that is all about celebrating and maximising your connection with nature.The magical experience on this site is the direct connection to the water and the sky – like air, the design features are thin and light, almost invisible.

“The balconies float above the beach, reflecting the soft ripples of the waves below. Expansive balconies celebrate an outdoor lifestyle and open style living. Composed of materials that reference nature, the design is inspired by ripples on water that dissipate over time.”

They've submitted plans to the City of Gold Coast council for a 17 level tower of just 30 apartments, designed by the renowned architect Koichi Takada.

Tower reveal: Burleigh Heads set for new Koichi Takada apartment tower by FORME

<html><body>
Developers can't stay away from the booming Gold Coast market.

The longstanding Queenslander developer Devine Development Group is the latest to join the ever-growing index not wanting to miss out on the current Gold Coast apartment demand.

They've lodged plans for Alba Residences, a $105 million apartment project at North Burleigh.

Set on the dress circle Esplanade facing the beach, the 21 level tower designed by Bureau Proberts will comprise half and full floor residences catering for the top end of the market, with prices starting from $2.25 million.

The full floor apartments will span around 435 sqm and will have four bedrooms, a multi-purpose room, and four bathrooms, while the collection of half-floor apartments will have around 218 sqm of living space with three bedrooms.

The Melbourne-based Mim Design are handling the interior. There will be a lifestyle podium for residents where there will be a swimming pool and a gym.

<img alt="" height="1000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/alba_render.jpg" width="897"> The facade of Alba Residences on Esplanade. Image supplied

It will sit on Esplanade, just down the road from 88 Burleigh, the $90 million tower by Allure Property Corporation.

The seashell-inspired, 17-level tower on The Esplanade, across from Burleigh Heads beach, will home just 31 apartments..

Demand for apartments in Burleigh Heads continues to soar as a surge of interstate buyers is creating a critical shortage of supply, particularly for three bedroom apartments which are being snapped up by downsizers.

Adam Young of Burleigh Heads’ Black and Young Real Estate, who has been selling real estate in the area for over three decades, says he has never seen the market in Burleigh so strong.

<a href="/buildings/the-esplanade-burleigh-heads-146-156-the-esplanade-burleigh-heads-qld-4220"><img alt="" height="928" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_burleigh_main_1.jpg" width="1600"></a> 88 Burleigh on Esplanade. Image supplied

Burleigh is the ‘go to’ destination on the Gold Coast as a lifestyle, entertainment and dining precinct and real estate sales are reflecting the suburb’s newfound popularity.

“The market is very strong, driven by interstate migration and downsizers who see apartment living in Burleigh Heads as under-valued given its central location and the national park setting which is not unlike Noosa,” Young says.

Veteran developer and Devine Development Group head David Devine said Alba would be one of the enduring luxury apartment projects for Burleigh Heads and the timing to enter the market could not be better.

“We have worked for a long time to bring a project together that epitomises beachfront apartment living and Alba is the creation of that,” said Mr Devine.

“We believe is it a fantastic time to enter the market. Burleigh Heads is undoubtedly one of the most sought after residential locations for the luxury downsizer anywhere in Australia and there is certainly currently a shortage of new apartment product tailored to this market.

“Interstate migration to the Gold Coast is very strong as is the value that the Gold Coast offers compared so the southern states. The market is certainly leading the way nationally.”

JLE Projects director Jamie-Lee Edwards says Alba will be the epitome of beachfront living on what is a very tightly held and very high demand beachfront precinct.

“The convergence of sophisticated architectural design and interior styling with uninhibited views and the unparalleled location of Australia’s most recognisable beach, Alba is the pinnacle of contemporary beachfront living.”

More Gold Coast properties on the market right now:

[smartcode_project:default project_id=7974]

[smartcode_project:default project_id=26730]
</body></html>

Plans have been lodged for Alba Residences, a $105 million apartment project at North Burleigh.



Another apartment tower lodged in hot Gold Coast market

Sales have begun at Allure Property Corporation's&nbsp;$90 million Gold Coast project 88 Burleigh.

The seashell-inspired, 17-level tower on The Esplanade, across from Burleigh Heads beach, will home just 31 apartments.

It has been designed by the local architecture firm DBI with the owner-occupier in mind, with spacious apartments each with at least three bedrooms. Interest is expected to come from local downsizers.

The upper-level sub-penthouses have four bedrooms and each span over 400 sqm.

[smartcode_project:default project_id=92609]

Each apartment’s lobby opens directly on a sky garden forming a vertical green spine on its northern and southern facades. Full-height windows and operable panels in the living areas have been used not only to optimise the ocean views, but to allow for natural light and sea breezes by facilitating cross-ventilation.

The ground level will feature&nbsp;a boutique residents club&nbsp;with lounge, kitchen and bar facilities as well as double beach shower.

Apartment prices start from over $2 million.

<a href="/buildings/the-esplanade-burleigh-heads-146-156-the-esplanade-burleigh-heads-qld-4220"><img alt="" data-entity-type="" data-entity-uuid="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_burleigh_two_0.jpg" width="1600" /></a>

DBI director Raith Anderson says 88 Burleigh has been imagined as a “living and breathing extension of the beautiful beachfront location”.

“The project has elegant clean lines and glazing dialogue with the crafted sculptural spine running along the beach façade reminiscent of a Turridae eroded by the sea breeze, which has been directly inspired by Burleigh’s coastal DNA,” said Mr Anderson.&nbsp;

Its beachside façade draws its inspiration and takes its form from the internal structure of a Turrid shell.

Mr Anderson said the design of the development and use of timeless materials reflects Burleigh Head’s established natural palette and the famed sophisticated beach lifestyle.&nbsp;

“The base of the building showcases cascading subtropical seaside landscaped terraces and a sculpted scalloped planted awning which extends the vertical green spine all the way to the luxuriant landscaped ground floor and lobby,” said Mr Anderson.&nbsp;

“The walls and planters are clad with travertine and the ground level meandering landscaped pathways are covered with natural stone, complementing the clean design of the tower and offering an additional layer of sophistication.

“Expansive glass facade with sliding glass screens and feature curved panels provide uninterrupted beach views to the residents while providing comfortable, well protected indoor and outdoor living spaces all year.”

&nbsp;

The seashell-inspired, 17-level tower on The Esplanade, across from Burleigh Heads beach, will home just 31 apartments

Sales launch at Allure's $90 million Gold Coast apartment tower 88 Burleigh

<html><body>
Demand for apartments in the Gold Coast hotpsot Burleigh Heads continues to soar as a surge of interstate buyers is creating a critical shortage of supply, particularly for three bedroom apartments which are being snapped up by downsizers.

That's the view of the local estate agents, who are even seeing old and ageing apartments sell for premium prices.

Adam Young of Burleigh Heads’ Black and Young Real Estate, who has been selling real estate in the area for over three decades, says he has never seen the market in Burleigh so strong.

"Burleigh is the ‘go to’ destination on the Gold Coast as a lifestyle, entertainment and dining precinct and real estate sales are reflecting the suburb’s newfound popularity.

“The market is very strong, driven by interstate migration and downsizers who see apartment living in Burleigh Heads as under-valued given its central location and the national park setting which is not unlike Noosa,” Young says.

"We have swathes of interstate buyers who think we are under-valued, and they are probably right."

Young says the problem in Burleigh is that there are very few three bedroom apartments on the market and those that are put on the market are snapped up very quickly.

“You only have to look at what happened with Spyre Group’s Natura project under construction at Burleigh Heads to see the demand, as they sold 25 apartments our of 33 in one weekend last year.

[smartcode_project:default project_id=27699]

“But the market has gone north since then and people are prepared to pay big dollars to secure three bedders that are rare as hen’s teeth.”

There's also been big money sales away from the new luxury developments. An ageing three bedroom apartment on The Esplanade just sold for $2.5 million, more than $600,000 over its reserve.

There was another unrenovated apartment that sold for $1.5 million off-market.

Burleigh is set for a new development, 88 Burleigh, with Gold Coast development company Allure Property Corporation <a href="/expert-insights/buying/plans-lodged-for-new-burleigh-apartment-development-88-burleigh">lodging plans for the boutique luxury apartment project</a>.

Allure paid $13 million for the 809 sqm site on The Esplanade and have had DBI design the 27 apartment, 17 level tower wrapped in glass.

[smartcode_project:default project_id=92609]
</body></html>

Adam Young of Burleigh Heads’ Black and Young Real Estate says he has never seen the market in Burleigh so strong



Downsizers descend on Burleigh Heads as apartment supply shortage becomes critical

Gold Coast development company Allure Property Corporation has submitted plans for a boutique&nbsp;luxury apartment project at Burleigh Heads called 88 Burleigh.

Allure paid $13 million for the 809 sqm site on The Esplanade and have had DBI design the 27 apartment, 17 level tower wrapped in glass.

It has been designed for the owner-occupier, with a maximum of two apartments per floor, with each apartment having at least three bedrooms and over 200 sqm of living space.

[smartcode_project:default project_id=92609]

The tower will be crowned by a four penthouse spanning the whole of the 17th level, and three four bedrooms full floor sub-penthouses on the levels below spanning over 400 sqm.

Design form DBI Managing Director Raith Anderson says the company has limited the number of residences in the building to create a real sense of exclusivity.

“Market trends at the moment favour high-end ‘sky home’ style offerings in premium locations, and this design has all the hallmarks of a classically luxurious Gold Coast address,” Mr Anderson said.

“We’re aiming to attract local downsizers seeking a superior lifestyle, we also expect to draw significant interest from interstate buyers looking to take advantage of the unrivalled location on one of Australia’s most iconic beaches with everything that Burleigh Heads has to offer.”

“We have designed this building as a living and breathing extension of the beautiful beachfront location,” said Mr Anderson.&nbsp;

“The base of the building showcases cascading subtropical seaside landscaped terraces and a sculpted scalloped planted awning which extends the vertical green spine from Level 17 down the northern and southern elevations.

“The ground level offers meandering landscape pathways that provide a natural entry experience with beach showers for residents and natural stone finishes.&nbsp;

“In the living areas, sliding glass screens and feature curved panels provide uninterrupted beach views for residents while providing comfortable, well protected indoor and outdoor living spaces all year.”

There will be a residents’ club on the ground level with lounge, kitchen and bar facilities where residents and their guests can relax with views across the park to Burleigh Beach.&nbsp;

Syd Walker and Bruce Goddard, of Place Projects, have been appointed as project marketing team for 88 Burleigh.&nbsp;

Allure paid $13 million for the 809 sqm site on The Esplanade and have had DBI design the 27 apartment, 17 level tower wrapped in glass.

Plans lodged for new Burleigh apartment development 88 Burleigh

<html><body>
There is a $4.1 million asking price for the second floor apartment in the Norfolk complex at Burleigh Heads.

The half-floor residence is the last remaining apartment, with 90 per cent selling off the plan in the two months after the project launch last year.

Some 15 apartments have been built on the former site of the Fish House restaurant on Goodwin Terrace. The developer Forme had the striking building designed by architect Koichi Takada. 

Completion is due in April.

[smartcode_project:default project_id=22043]

With 287sqm space, the final apartment has been offered through Jamie Lee Edwards at JLE Projects.

It comes with a generous oceanfront balcony with an integrated barbecue kitchen.

<a href="/buildings/norfolk-burleigh-heads-46-goodwin-terrace-burleigh-heads"><img alt="" height="723" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/norfolk_burleigh_heads_2.jpg" width="1200"></a>

The buyer will also secure beach room storage, along with beach club facilities including pool, gym and sauna.

The 10-level residential complex, which was bought mostly by Brisbane buyers, was built by Brisbane-based developer David Calvisi. Buyers include Cathie Reid and Stuart Giles, the co-founders of the Icon Cancer Care Group and the Epic Good Foundation.

<a href="/buildings/norfolk-burleigh-heads-46-goodwin-terrace-burleigh-heads"><img alt="" height="689" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/norfolk_burleigh_heads_3.jpg" width="1200"></a>

Construction of the adjoining complex, the eight-level Luna is due to be finished in the second half of 2021, with the apartments largely bought by Victorians.

The $709m Broadbeach to Burleigh extension of the light rail on the Gold Coast Highway is underway.

Other residential projects include the 17-storey Natura building, which is under construction on The Esplanade. 

There is also the Kailua project mooted, an 11-­storey mixed-use residential and commercial tower.

The $709m Broadbeach to Burleigh extension of the light rail on the Gold Coast Highway is underway.
</body></html>

The half-floor residence is the last remaining apartment, with 90 per cent selling off the plan in the two months after the project launch last year.



jchancellor

Last apartment in Burleigh Heads apartment development Norkfolk listed for $4.1 million

Luna at Burleigh Heads is now a sellout with all eight sold.

The full-floor residences on the near beachfront were priced from $3.9 million.

Located at 50 Goodwin Terrace, Burleigh Heads the project is separated from the beach by a street and a car park.

Its penthouse is dual-level, with its own rooftop pool.

Each apartment has three bedrooms, with all bedrooms equipped with an ensuite bathroom.

The balconies also have integrated BBQ/outdoor kitchenette areas..

Living rooms are afforded full height windows that frame the ocean scenery.

<figure><a 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/burleigh_2.jpg"><img alt="" data-entity-type="" data-entity-uuid="" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/burleigh_2.jpg?itok=dZO1MAWQ" width="580" /></a></figure>

The 506 sqm site was bought last December for $5.5 million having operated as the Fish House restaurant.

It sits next to the 1981 Burleigh Beach Tower which had five sales during 2020 ranging from $599,000 to $752,500.

The two bedroom two bathroom $599,000 sale had sold at $627,000 in 2017, according to CoreLogic.

<h2>Development Nearby</h2>

Sandbar Burleigh

<figure><a 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/sandbar.png"><img alt="" data-entity-type="" data-entity-uuid="" height="344" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sandbar.png?itok=DqnPHbv0" width="580" /></a></figure>

A development which still has apartments on offer is the Sandbar Burleigh at 1969-1971 Gold Coast Highway. It comprises 163 two and three bedroom&nbsp;residences.

Prices start from $590,000.

Each apartment at Sandbar, Burleigh Heads, is appointed with European fitments by Parisi and premium appliances by Franke.

<h2>Other developments for sale on the Gold Coast</h2>

Shoreline, Surfers Paradise

[smartcode_project:default project_id=22057]

Shoreline is the latest&nbsp;Surfers Paradise tower&nbsp;to be created by Marquee Development Partners.

The boutique 27 apartment development across 17 levels offers residents a luxury unseen in the between Surfers Paradise and Broadbeach for a number of years.

Miles Residences, Kirra Beach

[smartcode_project:default project_id=27575]

The Miles Residences Kirra Point will be one of Kirra Point's most impressive towers when it's completed in 2023.

The development of 118 apartments is part of the redevelopment of the&nbsp;Kirra Beach&nbsp;Hotel. The brains behind the operation is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.

The eight full-floor residences on the near beachfront were priced from $3.9 million.

Burleigh Heads

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Burleigh Heads

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News