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

Buyer Q&A

Young first home buyer Elycia didn’t expect to become a property investor when she purchased an off the plan townhouse at Development Victoria’s <a href="/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">LUMA</a> masterplanned community in <a href="/developments/sunshine-north-vic-3020">Sunshine North</a> several years ago.

“I’d been saving for a while, and it felt like a good time to get into the market,” Elycia said of her purchase.

When she visited the display suite, she could immediately see herself living there, thanks to the variety of thoughtfully designed floorplans.

“I fell in love with how the floorplans were laid out — especially how the living room was positioned quietly away from the kitchen and dining area,” she said.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Having watched her parents build a home from scratch, Elycia was grateful for a simpler path.

“I wanted something with as few choices as possible. Just pick a colour scheme and go,” she said. “You didn’t have to pick bricks, carpet, or underlay — it was all done.”

She selected the light colour scheme and opted for a few upgrades like a premium benchtop, but kept most fixtures standard.

[smartcode_project:default project_id=27783 project_image_fid=255556]

While COVID lockdowns delayed the delivery of her three-bedroom home near Sunshine Station, Elycia, a teacher, said <a href="/developers/development-victoria">Development Victoria</a> was transparent throughout the process.

The fact that Development Victoria is operated by the Victorian Government was a big reason I felt confident buying from them,” she said, adding that she was pleased with their clear communication around the delays, which were widely felt across the building industry.

“It felt slow at times, but once I could physically see the building taking shape, it all started to feel real.”

Importantly, the original purchase price remained unchanged — something Elycia appreciated.

“There weren’t any extra costs passed on to us. I’d paid my deposit, and the balance stayed the same," she said.

[smartcode_project:default project_id=27783 project_image_fid=350574]

Elycia had planned to move in and transfer schools once the build was complete in 2025. But life — and opportunity — had other ideas.

“On settlement, I stayed in the home for one night just to take it all in — to feel a sense of accomplishment for doing this by myself,” she said. “It’s now for someone else to enjoy.”

Development Victoria is currently delivering Stage Two of the LUMA masterplan, located between Ginifer and Albion train stations.

The townhouses vary in configuration and design, ranging from one to four bedrooms, and are designed to be all-electric, featuring solar PV, double glazing, and a minimum 7-star NatHERS rating.

A new public park and future links to the broader Sunshine Precinct — set to become a major employment and infrastructure hub — positions LUMA residents to take full advantage of being in a long-term growth corridor with increasing appeal for a wide range of buyers.

[smartcode_project_cta:default project_id=27783]

First home buyer turned investor: How young teacher Elycia bought her home at LUMA in Sunshine North

Since its completion two years ago, The Grand Residences in Eastlakes still stands as the newest apartment development in the gateway suburb to Sydney's East.

With the final apartments recently being released to the market, we went down to <a href="/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a> to talk to its residents and find out what it's like to live in the development.

[smartcode_project:default project_id=7652 project_image_fid=262590]

There's been a mix of owner-occupiers over the years.

Peter, an interior designer, has been at The Grand Eastlakes since it was completed two years ago, while Prateek had been a tenant in the building before recently purchasing a unit as a rentvestor.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/lIoP_MoLzy8?si=BRxJS9rPleS0f0be" title="YouTube video player" width="560"></iframe>

Both owners talked to the quality of what developer Crown Group has created at The Grand Residences, as well as the extensive facilities in the building and the prime location, offering access to Sydney's best beaches and the thriving cafe and dining hubs of Rosebery and Newtown.

Another resident praised the convenience and accessibility of The Grand Residences, noting its proximity to essential amenities such as cafes, supermarkets, and public transport.&nbsp;

Read more:&nbsp;<a href="/news/nsw/the-prime-eastern-suburbs-location-of-the-grand-residences-eastlakes">The prime Eastern Suburbs location of The Grand Residences, Eastlakes</a>

[smartcode_project:default project_id=7652 project_image_fid=262599]

McGrath Projects, and Crown Property Agency, are marketing the final apartments available in The Grand Residences. They've been popular so far with first home buyers, owner-occupiers, and downsizers.

Read more:&nbsp;<a href="/news/nsw/how-the-grand-residences-eastlakes-apartments-stack-up-for-investors">How The Grand Residences, Eastlakes apartments, stack up for investors</a>

[smartcode_project_cta:default project_id=7652]

McGrath Projects, and Crown Property Agency, are marketing the final apartments available in The Grand Residences

Why I bought an apartment in The Grand Residences, Eastlakes: Urban buyer testimonial

With substantial forecasted population growth, and the North West Metro, Castle Hill is becoming a sought-after suburb. Offering genuine value compared to more established apartment markets like Chatswood, St Leonards and Macquarie Park, it is attracting first home buyers, investors, downsizers and upsizers. Due to complete Spring 2024, Grand Reve has been billed as the most prestigious development ever offered in the Hills District.

Hear from Sydney local Gerry, who recently purchased his new home at Kassis Homes' Grand Reve as well as Josephine, who recently purchased two new properties at Kassis Homes' Grand Reve.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/b2-cVGxhNtQ?si=GiknCU48EDLJIcz6" 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=94147]

*Dasco has been rated 4.5 gold stars in the NSW Government's Rating System, iCIRT, which helps prospective buyers more easily identify building professionals who have a proven track record, supported by objective evidence of their past capability to deliver buildings you can trust. The more stars, the more confidence your construction industry professional is likely to deliver a reliable outcome.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/VXyo-f3_kEQ?si=TIyi2dsofYbqGT8I" 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=94147]

[smartcode_project:default project_id=94147 project_image_fid=203070]

[smartcode_project:default project_id=94147 project_image_fid=203069]

&nbsp;

Hear from Sydney local Gerry, who recently purchased his new home at Kassis Homes' Grand Reve as well as Josephine, who recently purchased two new properties at Kassis Homes' Grand Reve.


Olivia Round

Grand Reve Recent Purchaser Testimonials from Josephine & Gerry

Downsizers Henry and Sandra share why they decided to purchase their new home at Aura by Aqualand in North Sydney.

Watch the video to learn more:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/c3M4azLt5yg" title="YouTube video player" width="660"></iframe>

<h2>AURA AT A GLANCE</h2>

Address:&nbsp;168 Walker Street, North Sydney 
Developer: Aqualand 
Architect:&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>

[smartcode_project_cta:default project_id=30959]

Staff Writer

BUYER TESTIMONIAL: How Sandra and Henry found their dream home at Aura by Aqualand in North Sydney

Glen Iris locals Andrea and Wayne recently secured not one, but two apartments in the new Glen Iris apartment development, Galerie.

They're amalgamating the two apartments to become on large apartment.

We recently spoke with Andrea and Wayne to talk about their purchase.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/NrDuugdzE3Y" title="YouTube video player" width="660"></iframe>

<h2>GALERIE AT A GLANCE</h2>

Address:&nbsp;1538-1540 High Street, Glen Iris 
Developer:&nbsp;<a href="/developers/lds-property">LDS Property</a> 
Architect:&nbsp;<a href="/architects/ewert-leaf">Ewert Leaf</a>

[smartcode_project_cta:default project_id=112375]

BUYER TESTIMONIAL: Why Andrea & Wayne amalgamated two apartments in Galerie, Glen Iris

Residents have moved into the completed Glen Waverley apartment project Sky Garden.

The striking project was developed by&nbsp;Golden Age Group&nbsp;to a design by&nbsp;Rothelowman.

With buyers having moved in, Urban spoke to investors, Pushpendu and Manisha Gupta about their property buying journey, and what they love about Sky Garden.

The Wantirna locals purchased a two-bedroom, one-bathroom as an addition to their diversified portfolio of property investments.

[smartcode_project:default project_id=2881 project_image_fid=173740]

MK: How did you discover Sky Garden?&nbsp;

P&amp;M: We discovered it online and after a few calls, we met the team at The Glen display suite and took the process forward.&nbsp;

MK: What makes Sky Garden an attractive investment opportunity?&nbsp;

P&amp;M: The perfect combination of quality, amenities and the amazing location that is within top school and transport zones.

Sky Garden is located just above a very high footfall mall in the east, and that makes it an unbeatable location from an established retail market perspective.&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=168784]

MK: How do the returns in Glen Waverley compare to investments you have in surrounding areas?&nbsp;

P&amp;M: Glen Waverley is sure to be strong in terms of return on investment as the Glen Waverley secondary and primary schools are among the top in the state and very well respected.

The fact that Glen Waverley is also an established blue-chip suburb with good demographics and retail options, makes it the most sought-after suburb in the East.&nbsp;

MK: Which apartment configuration did you opt for, and what led you to narrow down your decision to the apartment you purchased?&nbsp;

P&amp;M: We opted for a two-bed, one-bath option as it&rsquo;s the best configuration for investment returns and rental.&nbsp;

The apartment we bought is in a secluded part of the floor with close proximity to elevators, which lends itself to both privacy and convenience.&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=168551]

MK: Were you already looking for a new property when you discovered Sky Garden?&nbsp;

P&amp;M: We had just started looking at investment purchases when we discovered Sky Garden. The options we were given, and the amazing sales experience, made us decide on this apartment without really looking at other properties.&nbsp;

MK: What made you decide to buy?&nbsp;

P&amp;M: The property gave us the right combination of quality construction, facilities and amenities in a top-notch location.&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=173746]

The fantastic sales and after-sales experience from Golden Age was the most pleasant experience, which made us feel at ease and like we had everything covered.

A special mention goes to Ms Silvia Pan for the absolutely fantastic and friendly sales experience and her support. She gave us so much time, taking us through all the options, responding to our queries and providing the right advice.&nbsp;

MK: What do you love most about what Sky Garden has to offer residents?&nbsp;

P&amp;M:

<ul>
	<li>The fantastic retail shopping and culinary experience with The Glen just below the property.&nbsp;</li>
	<li>The quality of construction and the wholesome facilities for residents.</li>
	<li>The location &ndash; near top-notch schools and transport.&nbsp;</li>
</ul>

MK: Do you have any advice for budding investors?&nbsp;

P&amp;M: Would recommend budding investors look at location as the primary deciding factor &mdash; preferably proximity to top schools &mdash; as these locations will always be in rental demand.&nbsp;

Quality of construction and after-sales and property management support is also very critical to consider.

[smartcode_project_cta: project_id=2881]

Urban spoke to investors, Pushpendu and Manisha Gupta, about their property buying journey, and what they love about Sky Garden

max.kwok_55688

What investors are saying about their Sky Garden, Glen Waverley apartment purchase: Urban's buyer Q&A

Residents have moved in to the completed Glen Waverley apartment project Sky Garden.

The striking project was developed by Golden Age Group to a design by Rothelowman.

With buyers having moved in, Urban spoke to first home buyer Adam Feng about his property buying journey, and what he loves about Sky Garden.

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MK: How did you hear about Sky Garden and were you in the market for a new property at the time?

AF: I used to work at The Glen and would often see Sky Garden salespeople at the kiosk and display suite. At the time I didn&rsquo;t consider buying, but three years later after making enough money, I chose to buy at Sky Garden.

MK: What stood out to you about Sky Garden that assisted you in your decision to buy?

AF: The outdoor environment, especially the huge garden podium. I walk around it at least five times a week, if not every day.&nbsp;

Also, the lift goes directly to the lower ground floor, where The Glen is, so that&rsquo;s super convenient.

The soundproofing in my apartment is really effective. Even though I&rsquo;m facing Springvale Road which can be quite busy, the noise is completely blocked out.&nbsp;

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MK: What made you decide to buy off-the-plan rather than an existing dwelling?

AF: My apartment was new but already finished when I moved in.&nbsp;

MK: What do you love most about living at the development?

AF: I love the sauna and pool. Not many people use it at 7am, so when my girlfriend and I work out in the morning, we have the whole place to ourselves. We use it at least five times a week.&nbsp;

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MK: Is this your first property purchase? How did you find the due diligence research and purchase process?

AF: Yes, it&rsquo;s my first property purchase. I decided I wanted to buy at 18 and started saving, and settled at Sky Garden at the age of 20. The purchase process was good, my only recommendation would be to ensure you do enough research on your own personal financial situation before looking to buy.&nbsp;

MK: Which colour scheme did you choose for your apartment and how did you personalise your home?

AF: I chose my apartment for its lucky number (909A)&nbsp;over the colour scheme (which is light) and also for its view facing the bay and south side. We can see the police academy on top of the hill which is pretty cool.&nbsp;

Our one-bedroom apartment is perfect for my girlfriend and I, but we bought a sofa bed in case we have visitors. There is a large floor-to-ceiling window, which we have positioned my girlfriend&rsquo;s piano beside &mdash; that&rsquo;s probably the most creative thing we have done with the place.&nbsp;

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MK: Would you recommend living at a lifestyle precinct like Sky Garden? &nbsp;

AF: I would definitely recommend Sky Garden. Firstly because it&rsquo;s super convenient in terms of location and having The Glen right downstairs.&nbsp;

Secondly, the views are unobstructed as we&rsquo;re the tallest building in the area so when I look out my window there&rsquo;s nothing in the way, unlike the city.&nbsp;

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Urban spoke to first home buyer Adam Feng about his property buying journey

Why a first home buyer secured a Sky Garden, Glen Waverley apartment

A lot has changed for Melbourne Square resident Brendan since his days of regular travel to the US and Canada for work through the 2000s.

Now with three adult children, Brendan and wife Jill were looking for a smaller and more practical space to call home, as their old family house in Glen Waverley was just too big for the two of them.

Before settling with his wife Jill on the 55th floor of our East Tower in 2020, the couple had to weigh up their options and think seriously about how their new space would meet the high quality and everyday amenity options Brendan had come to expect from his experiences visiting other integrated lifestyle precincts throughout North America.

Urban caught up with Brendan recently to chat about his purchaser journey and how he and Jill had settled into the growing precinct since deciding to sell the family home and move closer to the city.&nbsp;&nbsp;

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How did you hear about Melbourne Square and were you in the market for a new property at the time?

B: Jill and I actually stumbled across the display suite by pure chance! It had only just opened, so naturally we popped our heads in to check it out and it was not too long after that when we made our deposit.

With no kids at home anymore, our old family home in Glen Waverley was just too big for our needs and we were also moving to Montreal temporarily for my work which meant that we needed to make a decision on our new home while abroad.&nbsp;&nbsp;

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It was the experience we had during our visit to the display suite that got us over the line and led to us officially making our deposit in 2018 while in Canada. It was quite a surreal experience!

Was there anything that made Melbourne Square stand out for you and helped you make your decision to buy at the project over other residential developments?

B: Setting out on our buying journey, we knew we wanted to live closer to the city. With various developments to consider in Southbank and in Docklands, a standout positive when we were enquiring about Melbourne Square were the different floorplan options available at the project.

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I’ve travelled and worked overseas for a number of years and seen similar high-quality developments established in the US and in Canada, however I had not seen this same approach to integrated precinct living showcased locally until we visited Melbourne Square.

One of the major things that stood out to my wife Jill and I was the quality of the development. There has been a particular effort placed behind the integration of shared facilities which is helping build an authentic sense of community. Melbourne Square is like its own mini-neighbourhood.

What do you love the most about living at Melbourne Square?

B: We absolutely love the location of Melbourne Square and being wedged between South Melbourne and the city. The feel of the Southbank community is terrific and it is great having the park and Boyd Street Community Centre just a short walk away to take our young grandson for walks.

Having a full-line Woolworths supermarket downstairs is incredibly convenient as well. If you need anything for dinner it is so handy to be able to pop into the lift and be at the shops in a couple of minutes.

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The new restaurants around the precinct are great too and we are looking forward to trying all of them. We ate at Waku Waku Japanese recently which was really nice and it is exciting to see other dining places starting to open. The precinct certainly has a vibrancy building about it.

Being so close to the world-class Melbourne arts precinct has allowed Jill and I to fully immerse ourselves in the arts lifestyle. I particularly loved walking to the Malthouse Theatre, which is just a short stroll away, to watch some of their latest live outdoor gigs.

What are your favourite amenities at the precinct?

B: I find the pool on level 54 is a great way for me to stay active. It has a great outlook across the city and towards Melbourne’s east and lets you soak in panoramic views of the Dandenong Ranges. That said, I must give an honourable mention to the whole level eight pool and podium area. The pool space in particular will become a central part of Melbourne Square’s community and it has been great to see people soaking up the sun there.

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Jill is also a big fan of the amenity on offer on level 54. Her favourite place would have to be the gym. There is an extensive range of great equipment in there and its generous size and format means it does not get overcrowded.

Would you recommend living at a lifestyle precinct like Melbourne Square to friends?

B: Yes. I would definitely recommend living at a lifestyle precinct like Melbourne Square to friends and family, but particularly to people that are keen to downsize like Jill and I have from our family home.&nbsp;

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The concierge staff at Melbourne Square are lovely, attentive to our queries, and always greet you warmly when coming and going.&nbsp;

On the whole, our experience with the staff we have dealt with across our entire Melbourne Square journey has been phenomenal and the quality of information included in the marketing assets and floorplate designs have all been very accurate. We have not been oversold the precinct and everything matches what has been delivered.&nbsp;&nbsp;

Before buying we were also able to work with OSK and their team to make some modifications to our bathroom; and any defecting issues we had after moving in were actioned very quickly. Further to this, the quality of the fixtures and fittings is everything we had hoped for and there is plenty of natural light that elevates our living spaces.

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Melbourne Square resident Brendan gives Urban an insight into his new purchase at Southbank's Melbourne Square

“It’s everything we had hoped for”: A resident insight into Southbank's Melbourne Square

First home buyers are securing affordable homes at St Albans, thanks to Cedar Woods’ new St.A townhouse development. &nbsp;

The striking project, designed by DKO Architecture, features 254 two, three and four-bedroom homes which have been crafted to give residents an elevated lifestyle.

Among the first home buyers purchasing into the charming development is 24-year-old civil engineer, Jessica Nguyen. &nbsp;

Urban spoke to young property buyer about her buying journey and what she loves about St.A.

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MK: Where did you previously live and why are you moving to St.A?

JN: I currently live in Caroline Springs and decided to move to St.A because of the location. The area has already been largely developed with a train station within walking distance as well as great restaurants.

I spend so much time in the area already. So many of my family and friends live in St Albans and more of my friends are looking to buy in the area.

MK: Were you already looking for property when you discovered St.A?

JN: I’ve been looking for the last few months mainly at new developments around the Maribyrnong, Sunshine and St Albans areas.

<blockquote>
St.A appealed to me because of the price, distance from the city and amenity, available all within my budget.
</blockquote>

MK: What do you love most about what St.A has to offer residents?

JN:&nbsp;There is amazing food and a great community. The train station is a big factor for me, it is walking distance from St.A to the station, whereas right now I have to drive 20 minutes to the nearest station each day.

MK: Which townhome configuration did you opt for, and what led you to narrow down your decision?

JN: I purchased the Argyle townhome which has two-bedrooms, two-bathrooms and a single garage.

<figure><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="372" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/argyle_0.png?itok=BwP0Dq2-" title="The Argyle floorplan" width="580" />

<figcaption>The Argyle floorplan</figcaption>
</figure>

Price was a big influence. I went through a mortgage broker who helped me figure out what I could afford, and I was thrilled that this was slightly under budget.

MK: What was it like negotiating with the sales agent and the team at Cedar Woods?

JN: Minh was really good to work with; he understood my non-negotiables and replied quickly to get the deal done.

MK: What made you decide to buy off-the-plan rather than an existing dwelling?

JN: I wanted to build and found that buying off-the-plan was a lot easier and stress-free. St.A is already a built-up area and I could see the quality and style of homes Cedar Woods delivered.

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MK: St A has impressive nearby amenity. Which amenity is your favourite?

JN: Definitely the restaurants. My favourite is Thuan Phat, I go there every week!

MK: As a first home buyer, how did you find the due diligence research and purchase process?

JN: I asked advice from family who told me to first go to a mortgage broker to understand my budget. I also watched a lot of YouTube videos and listened to podcasts on how to budget and save for my first deposit.

I was also looking at another development in Sunshine but I liked the St.A amenity more. It is already an established community, whereas the other is still a while away from feeling like a community.

MK: Did you have a set of criteria that your first home had to meet?

JN: I very much looked at this purchase as an investment as well as my first home and having two bedrooms, two bathrooms and a garage was a set requirement for me.

I personally wanted a backyard area as well and I had a preference for a downstairs living area.

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As this was my first home, it had to be eligible for the First Home Owner Grant as well as fit within my budget.

What advice would you have for other first home buyers?

JN: Research as much as you can and understand your budget [and] prepare for the expenses of home ownership as well!

MK: Is there anything else you would like to add about your new home or the area more generally? 

JN: St Albans is such a beautiful place; it has come a long way in recent years. It is such good value being so close to the city; the west is the next big thing!

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Among the first home buyers purchasing into the charming development is 24-year-old civil engineer, Jessica Nguyen. Urban spoke to young property buyer about her buying journey 

Why I purchased: The 24-year-old first home buyer of a two-bedroom townhouse at St Albans's St.A development by Cedar Woods

Ryrie Home is the most recent mixed-use project delivered by Victorian developer Franz&eacute; Developments.

Having officially broken ground in April, the tower is on its way to become Geelong&rsquo;s first major hotel and apartment project in 20 years.

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Geelong is the fastest growing regional city in Australia, driven by employment opportunities, education, infrastructure and its coastal lifestyle.

Urban chats with a local first home buyer, who has recently secured their first property at the luxury project, which was listed as Urban&#39;s most popular investor project for Q1 2021.

MK: What made you decide to buy off-the-plan rather than an existing dwelling?

FBH: The government grants on offer as well as the price certainty of buying off the plan. I&rsquo;ve wasted too much time researching and inspecting established properties and then being blown out of the water at auction!

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MK: Which apartment configuration did you opt for, and what led you to narrow down your decision to the apartment you have purchased?

FHB: I opted for a one-bedroom apartment with the easterly aspect! It enjoys views over the city and towards the bay aswell as the morning sun.

MK: Were you already looking for property when you discovered Ryrie Home?

FHB: Yes, I have been looking around the Geelong area for the best part of a year.

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MK: Did you have a set of criteria that your first home had to meet?

FBH: I wanted a property in a convenient location with a good clean layout and high-quality design.

MK: What do you love most about what Ryrie Home has to offer residents?

FHB: The Residents Rooftop area and the ground level retail amenity. It&rsquo;s going to be a great place to host a BBQ on a warm summers night.

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MK: What was it like negotiating with the sales agent and the team at Franz&eacute; Developments?

FBH: The sales agents were great to deal with. Very knowledgeable and helpful. It was actually a fun experience learning more about the project and selecting the perfect apartment for me!

MK: Is this your first property purchase? How did you find the due diligence research and purchase process?

FBH: Yes, it was my first purchase. The sales agents at the display suite gave us lots of information and we found the internet a great source of information too.

Lots of helpful websites to help refine our search which ultimately led to our decision to buy at Ryrie Home.

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MK: What advice would you have for other first home buyers?

FBH: Do your homework and find an agent that genuinely wants to help you make the right decision.

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First home buyers at Ryrie Home purchased an off-the-plan property after wasting too much time inspecting established homes only to be “blown out of the water at auction”


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