<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

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.

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

Buying off-the-plan

Keen golfers&nbsp;have long had the fantasy&nbsp;of&nbsp;waking up on the weekend and getting right into their first round of golf after just a short stroll or a couple minutes in the car.&nbsp;

That&rsquo;s the dream for many, no fighting traffic to get to the club, no need to set aside hours of travel time, and if you get tired and want to quit mid-way through the round,&nbsp;home is round the corner.

Living so close to a golf course sees many of the advantages of living in a golf course community, like quality school zones and&nbsp;increased community amenities, without the downside of a&nbsp;stray golf ball&nbsp;crashing through the&nbsp;window.

Urban has picked out some of the best new apartment developments&nbsp;currently on the market across Melbourne with premium golf course access.

<h2>Omnia</h2>

Address:&nbsp;4-6 Horscroft Place, Moorabbin VIC 3189

[smartcode_project:default project_id=29048 project_image_fid=151675]

One of the standouts of this list is Omnia in Moorabbin, which is close to half a dozen golf clubs just 10 minutes away by car.

The closest&nbsp;golf course is the Brighton Public Golf Course, merely 3.4 km away, followed by the&nbsp;Yarra Yarra Golf Club,&nbsp;Cheltenham Golf Club, Kingston Golf Club and the&nbsp;Royal Melbourne Golf Club to name just a few.

Omnia, by Shenfield Property, has already been drawing in Melbourne CBD commuters&nbsp;seeking a more affordable property without compromising CBD&nbsp;proximity.

Located less than 500 metres from the Moorabbin train station, Omnia is close to a&nbsp;wide range of schools, higher education facilities, caf&eacute;s, shopping and numerous parks and reserves are at your doorstep, including RSEA Park &ndash; home of the St Kilda Football Club.

<h2>Riverbend Park House</h2>

Address:&nbsp;631 Victoria Street, Abbotsford VIC 3067

[smartcode_project:default project_id=29856 project_image_fid=156314]

Riverbank - The&nbsp;Park House resides on the banks of the Yarra River immediately opposite Kew and Studley Parklands, 3kms from the CBD. It is the only development on our list to not only have golf course access just across the river, but is also home to its very own golf simulator, perfect for practicing without all the ball fetching.

If residents are eager to get in a few quick holes, the&nbsp;Studley Park Par 3 Golf Course is right there across the Yarra, even closer than the&nbsp;Yarra Bend Public Golf Course Melbourne which is just 2km away.

Park House is the latest completed development out of Salta Properties, and in similar fashion to Omnia, has seen massive success due to it&#39;s&nbsp;proximity to the CBD while retaining an&nbsp;affordable price point.

The nine level building has been designed by SJB Architects and is finished with interiors by Sue Carr at Carr Design Group

<h2>Port Lane</h2>

Address: 201 Williamstown Road, Port Melbourne VIC 3207

[smartcode_project:default project_id=89720 project_image_fid=147504]

Port Lane has been drawing on&nbsp;not just its beachside location minutes from the Sandridge Beach sand but also how close it is to golf courses. Less than 5km away are both the&nbsp;Albert Park Golf Club&nbsp;and&nbsp;West Gate Golf Club.

ID_Land, listed among Urban&rsquo;s list of 10 developers to watch in Victoria this year, are behind the Williamstown Road development.

Award-winning architects Rothelowman&nbsp;worked in lockstep with interior designers Hecker Guthrie and landscape consultants Tract to create a development that is authentic and distinctive, all while priced lower than Port Melbourne&#39;s median.

Spend your weekends exploring the bayside location, venture into the CBD to peruse the shops and catch up with friends for brunch. Walk to Fishermans Bend, Sandridge Beach, South Melbourne Market or meander along the Bay Trail. Whichever direction residents choose, theyre&nbsp;spoilt for choice, with lush parks and gardens for relaxing, trails for exploring and the Royal Botanic gardens to enjoy an afternoon picnic or bike ride.&nbsp;

<h2>Moonee Valley Park - Thomas Street and&nbsp;Feehan Row</h2>

Address: Moonee Valley Racecourse

[smartcode_project:default project_id=103179 project_image_fid=167491]

Next on the list are a unique pair of developments in Moonee Ponds, Thomas Street and Feehan Row located in the brand new Moonee Valley Park development by Hamton in partnership with Hostplus.

These two developments, the Thomas St apartments and Feehan Row terraces,&nbsp;are the debut buildings in the brand new&nbsp;$2 billion Moonee Valley Park masterplan,&nbsp;designed by Rothelowman.

Located on the east side of the development, both are just 3.8km&nbsp;away from the&nbsp;Riverside golf and tennis centre and less than 5km from the&nbsp;Royal Park Golf Course.

Being a part of the Moonee Valley Park has residents living alongside&nbsp;the crowning jewel of the master-plan, the horse-racing club now known as The Valley. With a new grandstand, the Moonee Valley Racing Club aims to be the premier night racing venue and is already home to major races like the Cox Plate.

[smartcode_project:default project_id=102580 project_image_fid=167438]

<h2>Canvas</h2>

Address:&nbsp;272 Barkly Street, Brunswick VIC 3056

[smartcode_project:default project_id=29358 project_image_fid=85966]

ID_Land&rsquo;s latest Brunswick development, Canvas, offers residents a premier home with breathtaking vista&#39;s in a convenient location. It is the one of the developments on this list closest to golf with the Royal Park Golf Course just a kilometre away.

Designed&nbsp;by Rothelowman&nbsp;Architects, Canvas puts a focus on residential facilities with&nbsp;is a variety of rooftop communal spaces providing residential amenity and green spaces, with views of Melbourne&rsquo;s city skyline and parks.

It lies in the heart of Brunswick&rsquo;s vibrant community with retail hotspots, diverse eateries and bustling bars that are just a short walk away.

The development an impressive walk score of 97/100, located less than a minute from nearby shops and just three minutes&rsquo; walk to the nearest tram stop.

<h2>Ivanhoe Gardens</h2>

Address:&nbsp;43 Linden Avenue, Ivanhoe VIC 3079

[smartcode_project:default project_id=22308 project_image_fid=75052]

Residents at Blue Earth Group&#39;s latest apartment development, Ivanhoe Gardens in Melbourne&#39;s north-east, have more than just golf access with&nbsp;over 2,000 sqm of dedicated amenity space.

The development, built across two stages by leading builder Hamilton Marino to designs by CHT Architects, has 13 different entertainment zones.

It is 3.7km away from the&nbsp;Ivanhoe Public Golf Course, as well as the winding Yarra River along which golf courses are dotted along its shores.

For the fair-weather golfer who only hits the greens when the sun is shining, Ivanhoe Gardens is another which offers&nbsp;a virtual golf simulator.

Living so close to a golf course sees many of the advantages of living in a golf course community, like quality school zones and increased community amenities

jordan_55689

Melbourne's newest off-the-plan apartments and their closest golf courses

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A near $7 million sale has been secured by Michael Paproth, of The Agency, in the Gurner South Melbourne project.

A 545 sqm penthouse at 74 Eastern Rd sold over the summer break.

It was 2016 when all top floor spaces were sold off-the-plan in the project near Albert Park Lake with its design by Elenberg Fraser.

The then five buyers saw Gurner secure sales totaling $10.75 million as one buyer bought two penthouses, outlaying $3.5 million to amalgamate the holding.

Another of the penthouses went for $3.9 million and the others were priced around the high-$1 million mark.

Developer Tim Gurner’s brief to designer David Hicks was to design penthouses “akin to a $10 million custom private residence.”

One of the buyers were retired empty-nesters Ross and Jenny Venuto who secured the $3.9 million penthouse.

[smartcode_project:default project_id=2100]

Landscaper Jack Merlo was engaged to work at the nine-level building of 71 apartments.
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It was 2016 when all top floor spaces were sold off-the-plan in the project near Albert Park Lake with its design by Elenberg Fraser

jchancellor

$7 million penthouse sale secured in the Gurner South Melbourne

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Owner-occupiers can stand to save up to $73,000 in the Parkhill apartment development in West Melbourne.

The project developer Central Equity are matching the VIC government's $15,000 HomeBuilder grant to save Parkhill buyers $30,000.

That, combined with the potential to save up to $43,000 in stamp duty for owner-occupiers, totals $73,000 of savings. 

[smartcode_project:default project_id=27406]

Investors will benefit from the $24,500 in stamp duty concessions, and Central Equity are offering a rental guarantee for investor purchasers.

One bedroom apartments in the block start from $479,000, or closer to $400,000 for owner-occupiers after the savings boost.

Two bedroom apartments start from $619,000, up to $819,000 when including an extra bathroom and a parking space.

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_melbourne_render_2.jpg" width="1202"></a>

The apartments, many spanning more than 70 sqm, have been designed by Central Equity's inhouse design team. They all have up to 2.7 metre high ceilings, a gourmet kitchen with stone benchtops and Miele appliances and bathrooms with German tapware.

The development has a 6.5 star energy rating, with apartments fitted with double glazed windows.

Residents in the building will have access to a seven day concierge, a rooftop gym and a rooftop garden, complete with barbecues and outdoor seating.
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Owner-occupiers can stand to save up to $73,000 in the Parkhill apartment development in West Melbourne.

Buyers could save up to $73,000* on a brand new home at West Melbourne's Parkhill thanks to developer Central Equity matching the government grants

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Around $8 million has been paid for a yet to be constructed Hamilton Hill home.

The home will be built by GRAYA on a 470 sqm block that cost $1.94 million earlier this year.

The 7 Prospect Terrace holding had been held for four decades by the prior owners.

Larc will be a six bedroom, six bathroom home with five car parking, plus its own gym, pool and cellar.

The design is by Joe Adsett Architects.

Matt Lanchashire at Ray White had the off the plan listing in conjunction with Josh &amp; Ruby Property's Josh Brown and Ruby Kiriyama-Brown.

Larc is located next door to Noir (below) that recently sold for just over $9.4 million to an expat as it was finished being built.

Noir was delivered by Zephyr Industries, spanning five storeys with 1,050 sqm of living space.

<img alt="" height="1589" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noir_hamilton.jpg" width="2000">

The five bedroom, eight bathroom manse holds river and city views from every level.

Situated at 9 Prospect Terrace, Hamilton Hill, Ray White agent Matt Lancashire held the listing which was designed by The Artificial and built by Braydon Larkin.

The property is described in the marketing material as "rivalling prestige homes in the international market," from the eight-car basement to a private master level.

The brand new Hamilton Hill residence features, swimming pool, spa, gym, sauna, office &amp; cinema, a recreation level with bar, kitchenette &amp; BBQ, four external balconies and top of the line security measures including facial and fingerprint scanning.

Graya have another two iconic projects in the early stages on Hamilton Hill.

Graya managing director Rob Gray told The Courier Mail that buying a house off-the-plan and being able to customise the design was becoming increasingly popular among wealthy buyers.
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Around $8 million has been paid for a yet to be constructed Hamilton Hill home

Off the plan luxury home sales popular with wealthy Brisbane buyers

Olivia Round

The ultimate off-the-plan guide: 5 property experts share advice for buying a new apartment or townhome

Des and Nobu had been searching for a property for several years before finding their dream home at <a href="/buildings/penny-place-17-penny-place-adelaide">Penny Place</a> in central Adelaide.&nbsp;

With over 200 Urban property listings in South Australia alone, we understand how overwhelming the variety of choice can be when it comes to choosing an off-the-plan apartment. Here's how Des and Nobu narrowed their search and wound up with their brand new apartment.&nbsp;

<figure><a href="/buildings/penny-place-17-penny-place-adelaide"><img alt="" class="image-article_full_width_580px" data-entity-type="" data-entity-uuid="" height="348" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/penny-place-17-penny-place-adelaide-1e1d85fb56ba7cfe85eb073656e9965a.jpg?itok=aqUUEIoS" width="580" /></a></figure>

<h2>WHY PENNY PLACE?</h2>

Penny Place has many selling points, but it was a combination of the prime location, exceptional customer service and architectural reputation of the designer that won Des and Nobu over.

<blockquote>
"The central location, view to the hills and the Woods Bagot design are very appealing to us.&nbsp;

We attended a sales promotion event in the display suite and met CEO Mark Jarman. His response to our concerns about buying an apartment gave us the confidence to go ahead and sign a contract."
</blockquote>

<figure><a href="/buildings/penny-place-17-penny-place-adelaide"><img alt="" class="image-article_full_width_580px" data-entity-type="" data-entity-uuid="" height="417" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/penny-place-17-penny-place-adelaide-ad4ee200756d9cc05eafa8fe10e5ea71.jpg?itok=AiAhJ9HL" width="580" /></a></figure>

Des and Nobu also commented that the livability of the apartment was a major drawcard.

<blockquote>
"We love the symmetry of the two-bedroom, two-bathroom floorplan and that every room has a full floor-to-ceiling and wall-to-wall view of the city and hills. The seamless flow from the rooms to the balcony will create a more spacious feeling when entertaining, and no step to the balcony gives safer access."
</blockquote>

<figure><a href="/buildings/penny-place-17-penny-place-adelaide"><img alt="" class="image-article_full_width_580px" data-entity-type="" data-entity-uuid="" height="264" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/penny-place-17-penny-place-adelaide-e10be7a7681873af0449f8f060123832.jpg?itok=y87OdqJd" width="580" /></a></figure>

<h2>THE PRE-REQUISITES</h2>

After living in central Tokyo over a decade and enjoying the city vistas, Des and Nobu decided they wanted to move to a home with a view again. Penny Place apartments feature a range of vantage points, including views of the Adelaide hills, the ocean and the city, giving Des and Nobu the outlook they were looking for.&nbsp;

Other features that were on their 'must-have' list included a second bathroom, a Japanese style toilet with a built-in bidet function, no carpet, and, as avid cooks, adequate bench space was essential.&nbsp;

<h2>WHAT WAS IT LIKE BUYING OFF-THE-PLAN?</h2>

When asked about their experience buying off-the-plan from Flagship Property Group, Des and Nobu explained that they were happy with the experience.&nbsp;

<blockquote>
"The friendly manner of the selling agents made us comfortable to ask questions, and because we had never purchased off the plan before, we had many!&nbsp;

We were encouraged to visit the display suite as often as we wanted, and the agents and developers enabled us to visit Kodo next door several times to make comparisons and to confirm the east or west facing view was what we wanted.&nbsp;

Finally, the patience displayed by the Development Manager was extraordinary, as we asked him many times to cost the various changes we wanted to make to our apartment."
</blockquote>

<figure><a href="/buildings/penny-place-17-penny-place-adelaide"><img alt="" class="image-article_full_width_580px" data-entity-type="" data-entity-uuid="" height="290" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/penny-place-17-penny-place-adelaide-4b7a7ffac80a3f756c9dac132b8cd355.jpg?itok=T48IetJn" width="580" /></a></figure>

<h2>THE DUE DILIGENCE TEST</h2>

Des and Nobu explained that they searched the internet to check out Flagship Property's recently completed major developments. These include residential and lifestyle projects in Melbourne, Perth and Sydney, as well as significant government and commercial projects across the country, such as Royal Adelaide Hospital. Flagship Property's glowing track record of landmark developments gave Des and Nobu the confidence to buy their new off-the-plan property, knowing that their home will be built to a high standard.&nbsp;

<blockquote>
"We know a couple who bought off the plan into East Park Kent Town, others in Ergo on Norman Street. They all negotiated variations to the plans to create small changes to suit their unique needs and design preferences. They are all very happy with their apartments, felt it was worth the wait for the construction to be completed, and love the inner-city lifestyle."
</blockquote>

<h2>ADVICE FOR BUYERS</h2>

Des and Nobu have a final word of advice for anyone considering buying within the Penny Place development.

<blockquote>
"If you commit early you have a greater choice of apartments and then the chance to make changes to your apartment that cannot be achieved once construction is completed."
</blockquote>

Want to learn more about the Penny Place apartments currently available for sale? Speak to a sales consultant today <a href="/buildings/penny-place-17-penny-place-adelaide">via Urban</a>.

Buyer testimonial: Des & Nobu share why they bought a Penny Place apartment in Adelaide

Purchasing an off-the-plan apartment in Australia is quickly becoming a popular option among property seekers, due to housing demand, affordability and the low maintenance lifestyle offered by apartment living. As one of the largest off-the-plan property platforms in Australia, <a href="/">Urban.com.au</a> has noticed growing confidence among those seeking off-the-plan apartments and townhouses and has helped many buyers secure their dream homes and investment properties.

If you’re looking to make a savvy property purchase in the next 6 to 12 months, now could be the best time to buy off-the-plan for the following reasons:

<h2>Building regulations are stricter today</h2>

Australia has experienced a series of construction failures recently (including faulty cladding and structurally unstable foundations), which has led to a more stringent approach to planning approvals and building practices. As a result of this, the quality of new developments today is likely to be of a higher quality than some of the past.&nbsp;

<a href="/">Urban.com.au</a> provides some great resources for buyers to research off-the-plan properties and prior developments delivered by Developers, Architects and Builders.

<h2>Many buyers may be eligible for stamp duty concessions</h2>

If you’re looking to purchase a new apartment which will be your primary residence for 12 months or more, then you may be eligible for an <a href="/guides/how-to-navigate-australias-first-home-buyer-grants">off-the-plan stamp duty concession</a>. While Stamp Duty concession policies vary state-to-state, the concept generally means that the duty you’re required to pay on the property you’re purchasing is heavily subsidised to account for construction costs.

For example, if you were looking to purchase a $500,000 off-the-plan apartment, but $400,000 of that is to be spent on construction costs, the dutiable value of your home would be $100,000*.

*Stamp Duty = Property price, minus construction cost

<h2>House prices are forecast to increase over the next 12 to 24 months</h2>

One of the differences with purchasing off-the-plan is that the value of the property purchased may change prior to settlement as the broader market conditions change. This can have a negative impact if you buy at the top of the market and then experience a downturn prior to settlement. The inverse of this provides a significant upside for buyers, as you can secure a property while prices are low and see the value appreciation prior to settlement. Currently, Australian property is at the lower end of the market – meaning it might not be an ideal time to sell, but could be a great time to buy.&nbsp;

<h2>Mortgage serviceability has become easier for buyers</h2>

Urban has been <a href="/news/a-borrower-s-market-the-reserve-bank-of-australia-cuts-cash-rate-to-a-record-low">tracking the changes</a> made by the Reserve Bank of Australia to the official cash rate, which is currently at a record low of 0.75%. What this means for property buyers is that home loans can be secured at a lower interest rate, making mortgage serviceability more attainable. Term deposits and savings accounts are likely to accrue less interest due to the cash rate cut, meaning property could be considered a more lucrative investment.&nbsp;

<h2>Finance is easier to acquire due to APRA’s loosened lending constraints</h2>

Earlier this year Australian Prudential Regulation Authority (APRA) announced that it would be reducing the minimum interest rate serviceability buffer, providing home buyers with the option to purchase off-the-plan property with a smaller deposit. This gives home seekers on a lower income a greater opportunity of securing a loan, which consequently makes it easier to enter the property market.

Lead image: The Siding by Deicorp

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