Castle Hill’s booming development market is set for another boost, with builder-developer Buildex proposing a new mid-rise apartment building near Castle Towers.

Buildex has submitted plans to The Hills Shire Council for a <a href="https://www.apartments.com.au/new-apartments/197-old-northern-road-castle-hill-nsw-2154">nine-storey building comprising 57 apartments</a> on Old Northern Road. The company acquired two adjoining sites earlier this year, totalling more than 2,683 sqm.

Texco Design has prepared the scheme, which includes five one-bed plus study apartments, 37 two-bedrooms, and 15 three-bedrooms.

Castle Hill has become a hotspot for developers in recent years, undergoing significant transformation driven by the opening of the Hills Showground Precinct to development and the introduction of two metro stations servicing the suburb.

Developers including Deicorp and Kassis Homes have already completed projects, and are progressing future developments, while Meriton, Arada, and Ellipse are currently delivering new projects in the rapidly evolving area.

Staff Writer

First look: Buildex plans 57 apartments near Castle Towers

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/immerse-projects">Immerse Projects</a>&nbsp;has unveiled what it intends to deliver at its recently acquired Toowong site, its debut apartment development in Brisbane.

Immerse, founded by John Kearney who is also the founder of regarded construction company Greyburn, secured the prime Sylvan Road site <a href="https://www.apartments.com.au/news/qld/first-look-immerse-projects-moves-into-brisbane-apartment-market-with-toowong-site-acquisition">earlier this year</a>, in an area which has historical significance to Kearney who&nbsp;studied at the nearby University of Queensland.

"It feels like a full circle moment," Kearney told&nbsp;<a href="https://www.apartments.com.au/" target="">Apartments.com.au</a>.&nbsp;

“I spent many nights at the Regatta Hotel just down the road, as have most people in&nbsp;<a href="https://www.apartments.com.au/developments/brisbane-qld" target="">Brisbane</a>. It’s one of the city’s most well-known hotels, and with several cafes, restaurants, and a CityCat stop nearby, it’s become an even more attractive place to live.”

He is planning a <a href="https://www.apartments.com.au/new-apartments/22-24-sylvan-road-toowong-qld-4066">15-storey project with 88 apartments</a> above an activated ground plane with a shop and hospitality spaces.

<img alt="Toowong podium" data-entity-type="file" data-entity-uuid="c350436b-9d64-46cc-ab6f-defc009e1b65" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_0.png?VersionId=zt7A0_14M62TkZ61YHnGmEck9KM9HqDA" />

The architecture, led by <a href="https://www.apartments.com.au/interior-designers/bda-architecture">BDA Architecture</a>, presents a tower massing that responds to the area's evolving mid-rise context. The scheme incorporates podium and rooftop communal spaces, while the commercial elements aim to activate the Sylvan Road frontage and enhance the site's interface with the adjacent parkland.&nbsp;

Landscaping plans by Ivy May Landscape Architects include subtropical planting and deep soil zones to support stormwater management and visual integration.

Supporting documentation from Mewing Planning Consultants notes that "the proposed development will deliver a mixed-use outcome that enhances the vibrancy of the Sylvan Road corridor" and highlights its proximity to high-frequency public transport and community facilities.

<img alt="First look: Immerse Projects moves into Brisbane apartment market with Toowong site acquisition" 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/22-24%20Sylvan%20%20Rd%20Toowong_Markups.jpg?VersionId=u4_IGzpYLPFfAZSsgCZynov3bm7umwJ." />

&nbsp;

There's been little new apartment development in Toowong in recent years. The most notable is Consolidated Properties two-tower Monarch Residences, which is approaching completion with nearly all of its 224 residences sold.

Kearney describes&nbsp;<a href="https://www.apartments.com.au/developments/toowong-qld-4066" target="">Toowong</a>&nbsp;as a suburb with real depth.

"The suburb attracts everyone, from students to retirees, and that's what makes it interesting."

Joel Robinson

First look: Immerse Projects reveals debut Brisbane apartment development in Toowong

<a href="https://www.apartments.com.au/developers/hyecorp-property-group">Hyecorp</a> is down to its final three-bedroom apartments at Audrey, the developer’s parkside St Leonards South project, pairing the remaining homes with a limited-time offer.

The developer is extending a five per cent deposit and a $50,000 settlement rebate on selected apartments, aiming to help owner-occupiers secure one of the final homes ahead of move-in in early 2026.

[smartcode_project:default project_id=110379 project_image_fid=311393]

Located on Canb​erra Avenue opposite Newlands Park, <a href="https://www.apartments.com.au/new-apartments/audrey-st-leonards-13-19-canberra-avenue-st-leonards-nsw-2065">Audrey</a> comprises 102 residences, including a mix of three-bedroom residences and a double-storey, five-bedroom terrace with two outdoor areas.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> and delivered by <a href="https://www.apartments.com.au/builders/north-shore-property-construction">North Shore Property Construction</a>, the project reflects Hyecorp’s focus on owner-occupier planning, with open-plan layouts, extensive storage integration, and a material palette built around stone, oak timber flooring and bespoke joinery. Many of the three-bedroom apartments capture views toward the city and Harbour Bridge.

[smartcode_project:default project_id=110379 project_image_fid=207373]

Hyecorp’s internal design team, Jackson Teece, has emphasised a consistent level of specification across the building, including Miele appliances, integrated refrigeration, brushed metal tapware and large-format stone detailing that conceals cabinetry.

The Tiffany Collection, crowning the development on Levels 12 to 15, features added luxury of fluted standalone baths, heated bathroom floors, custom walk-in robes and upgraded appliance packages across its spacious 155 to 159 sqm homes.

[smartcode_project:default project_id=110379 project_image_fid=301367]

Beyond the private residences, Audrey carries a strong amenity focus. Residents have access to an indoor lap pool and spa, personal training studio, private cinema, music room and private dining room.

A landscaped rooftop terrace with CBD views anchors the communal offering, complemented by an onsite café and an integrated daycare centre within the project.

[smartcode_project:default project_id=110379 project_image_fid=198680]

The location continues to be a drawcard for buyers, with new retail additions at Mall 88, including Coles, alongside Woolworths and the established offerings of Forum Plaza. St Leonards Station and Crows Nest Metro is within easy reach, as are local health precincts such as the Royal North Shore Public and Private Hospitals. Nearby green spaces include Newlands Park, Gore Hill Oval and Naremburn Park, supporting strong day-to-day amenity for families and downsizers alike.

Hyecorp is expected to welcome residents to Hyecorp in early 2026.

[smartcode_project_cta:default project_id=110379]

Audrey St Leonards nears completion – settlement bonus now available

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a>&nbsp;has been given the green light to develop its flagship mixed-use project in the Crows Nest metro precinct.

The NSW Government's Housing Delivery Authority approved the 40-storey tower, aligning with the NSW Government's Transport Oriented Development (TOD) agenda to deliver more homes in highly connected, high amenity locations.

The $600 million tower, at 378-398 Pacific Highway, will comprise 178 apartments with resident amenities, two levels of commercial offices, and a curated retail offering. Freecity will also dedicate a 10 percent Affordable Housing Contribution, supporting the Governments broader housing objectives.

<img alt="Freecity Crows Nest" data-entity-type="file" data-entity-uuid="4de9b03b-e8aa-4929-b3f1-6747acbe6b73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20Crows%20Nest%20Project.jpg?VersionId=oWwFWxGj_oUFEYX4j_qRFdSzcShLw3DG" />

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the tower will offer a diverse residential mix, from one-bedroom homes to expansive four-bedroom penthouses, all crafted to maximise light, views and liveability.

Lawrence Zheng, Co-Founder and Joint CEO of Freecity Group, said the approval represents a significant step forward for both Crows Nest and Freecity.

"We are proud to be delivering a landmark project that brings new homes, new amenity and new economic activity to one of Sydney’s most strategically connected locations,"&nbsp;Zheng said.

"With our $6 billion pipeline of 12 mixed-use projects, this development reinforces Freecity’s commitment to helping deliver the housing supply and transport-integrated precincts the Government is championing.”

Michael Romano, Executive Director of Development, said the companies focus is on "creating places that genuinely enhance how people live day to day - communities that balance accessibility, amenity and neighbourhood vibrancy.”

“This project reflects the future of urban living - design led, highly liveable and seamlessly connected to the city’s major transport, employment and education hubs. Being directly opposite the Crows Nest Metro means residents can access the best of Sydney with unrivalled convenience."

&nbsp;

Freecity secures approval for Crows Nest metro precinct tower

The Bedford by Mosaic marks the culmination of a near-decade journey for South East Queensland’s most active developer.

Mosaic Founder and CEO, Brook Monahan, said the company first identified the prime Prospect Street, Kangaroo Point site in 2016 as an A-grade opportunity they were eager to secure. They almost bought it at the time, before it was ultimately acquired by Woolworths’ development arm, Fabcot.

The opportunity resurfaced late last year when the site, vacant for nearly three decades, was offered for sale again.

Backed by years of history, feasibility research, and detailed product planning for the 3,195 sqm corner site, Mosaic was able to move swiftly. The Bedford by Mosaic is now proving a clear market success, unsurprising given the depth of work the developer had undertaken on the location and potential density mix well before they owned the land.

Active across both Brisbane and the Gold Coast, and with a development pipeline more than $2 billion, Mosaic has already sold 90 per cent of apartments in what has become the area’s most significant residential addition in more than a decade.

[smartcode_project:default project_id=134792 project_image_fid=328119]

Designed by BDA Architecture, The Bedford comprises 128 two- and three-bedroom apartments, including the Masterpiece Series Skyhomes across the top two levels. These residences offer the largest floorplans and the best views over the river and city. Premium inclusions—such as natural stone benchtops, bespoke cabinetry, and Miele appliances, feature in every apartment, not just the top-tier offerings.

A defining feature of The Bedford is its integrated mixed-use component, set to deliver Kangaroo Point’s first Woolworths supermarket, along with a café and liquor store, bringing long-awaited convenience to the peninsula.

[smartcode_project:default project_id=134792 project_image_fid=355673]

Residents will also enjoy one of Brisbane’s most comprehensive amenity collections. Dubbed the Rooftop Recreation &amp; Retreat Sky Terrace, the wellness-focused spaces include a resort-style pool with sun deck, an indoor/outdoor gym, spa, sauna, steam room and cold plunge.

Additional amenities include a residents’ lounge and relaxation zones, a private dining room with kitchen, barbecue areas, landscaped gardens, an outdoor viewing deck capturing city and river views, and a bookable golf simulator.

[smartcode_project:default project_id=134792 project_image_fid=355681]

The remaining residences at The Bedford span the upper levels of the building and include two- and three-bedroom floorplans, which start from $1,645,000.

Mosaic's in-house building arm has already commenced construction on The Bedford. They estimate a late 2027 completion.

[smartcode_project:default project_id=134792 project_image_fid=328121]

Monahan notes that Mosaic’s most successful projects often begin years before the first plans are drawn. Their new South Brisbane development is no exception, initially making it onto their radar in 2018.

“We aren’t opportunistic,” Monahan says. “Every site purchase is well considered and thought out. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we are looking at now that we might not secure for several years.”

Mosaic is set to launch its new South Brisbane project&nbsp;in the next year, while its latest Gold Coast development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/josephine-by-mosaic-166-the-esplanade-burleigh-heads-qld-4220">Josephine</a>, is coming soon to Burleigh Heads.

[smartcode_project_cta:default project_id=134792]

A decade in the making: Mosaic's long-awaited success story at The Bedford, Kangaroo Point

City of Parramatta

As development ramps up across Western Sydney, especially in the state’s second CBD, Sydney group, SW Developments are next to join the line in keen developers looking to benefit from the growing pipeline of infrastructure upgrades and projects set for the burgeoning area.&nbsp;

The group has lodged plans for two sites within the City of Parramatta, taking up shop in both Thallon Street and Shirley Street in Carlingford.&nbsp;

Dickson Rothschild prepared the designs for the 12-storey towers, which are similar in design and will deliver a total of 178 apartments upon completion.&nbsp;

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor.&nbsp;

<img alt="Artist's impression of the Thallon St development " data-entity-type="file" data-entity-uuid="313d283b-41a4-472f-96d4-66f0e81188cc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.02.27%20pm.png?VersionId=vLq05ycaOMtp0ALv2VAtsOcB9fU.Finl" /> 
Artist's impression of the Thallon St development.

43 two-bedroom apartments will be constructed, along with 37 three-bedroom and 11 four-bedroom residences.&nbsp;

Divided via two slots, the tower will be infiltrated with an abundance of natural light and ventilation in the internal corridors, with the elements also modulating the tower’s facade.

The proposed development achieves a built form with good proportions and a balanced composition.&nbsp;

The four-storey podium achieves a human scale within the streetscape with defined bricks in a nod to the existing older building within the streetscape, complemented with an underlying base colour and a lighter frame which reflects the more modern developments in the neighbourhood.&nbsp;

Taking inspiration from the podium, the tower framing elements extend above the roof parapet, crowning the corners of each tower.&nbsp;

The north-eastern portion of the site is landscaped with both communal areas and private terraces, providing additional vegetation on the built form, which softens the tower and provides a complimentary space to the public open area towards the light rail station.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="9c2b1153-0ce7-451b-977c-5d163ecb3780" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.15%20pm.png?VersionId=LNM2Urs1tKn6zRjBiOrSlfhxaptNOAtx" />Artist's impression of the Shirley St development.

The communal open space for the development is located on level one, featuring a pool, barbecue facilities, a gym, spa and a common room. Communal open space will also be provided on the rooftop, embellished in lush landscaping.&nbsp;

Thallon Street benefits from being nearby to a number of goods, services, amenities and public transport options, with a broad concentration of retail and dining businesses, as well as community facilities including parks, recreation centres and schools in the surrounding areas.&nbsp;

The Shirley Street development will take place across a 3,141 sqm site, delivering 87 apartments, with a mix of one, two, three and four-bedroom floorplans atop a 76-place childcare centre and basement carparking.&nbsp;

It said the new proposal would result in better communal open space, a unit mix weighted more on larger apartments.&nbsp;

Conceived as a slender tower, two one-bedroom apartments will feature, along with 41 two-bedroom, 43 three-bedroom and one four-bedroom.&nbsp;

Open space will be provided to the south of the site, along with a communal rooftop space, complete with lush landscaping, shaded seating and barbecue facilities.&nbsp;

<img alt="Artist's impression of the Shirley St development" data-entity-type="file" data-entity-uuid="6e6c27e6-9bb2-4e9d-ab0d-da1b975531c4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-02%20at%203.03.27%20pm.png?VersionId=fOx_tPswgdq4h3gRhJGvzUfoZdDydkRS" />Artist's impression of the Shirley St development.

“The proposed building as amended provides for a high-quality development … on a strategic site in very close proximity of the new light rail station and within proximity of significant buildings within the core of the Carlingford Precinct,” the development application said.&nbsp;

“This building will set a good standard for urban consolidation and design.”

“The proposal achieves a reasonable transition from the denser development around the light rail to the lower density areas within the precinct to the north.”

“The form of the building has been crafted to take into consideration site constraints and has arisen out of urban design analysis taking into account the site context.”

Located near the new Carlingford Light Rail Station, the 9-11 Thallon Street site has been designed to cater for the family owner-occupier, contributing to the changing demographics of Carlingford with the addition of a restaurant and retail space across the ground floor. 

alisonwarters@gmail.com

SW Developments lodge plans for two apartment towers in Sydney’s West 

The leading Western Sydney apartment developer, ALAND, has seen a sharp pick up in investor sales in the last quarter.

At their Parramatta tower, Paramount on Parkes, ALAND&nbsp;saw a 54 per cent uplift in purchases by investors over the last quarter, with&nbsp;ALAND's Chief Executive&nbsp;George Tadrosse saying that&nbsp;demand for quality affordable apartments in Sydney is outstripping supply, which is good news for savvy investors and homebuyers seeking solid future growth.

"There will be very little stock coming onto the unit market over the next 24 months and that is largely due to increased government red tape and increased demand from several buyer types," Tadrosse said, suggesting that those who wait might find themselves out of options.

“Demand for units is high as rising interest rates encourage domestic buyers to shift their focus to the apartment market.

[smartcode_project:default project_id=9187 project_image_fid=164849]

"But now that international borders have opened up, apartment purchasers will also have to face competition from foreign residents who may be looking to rent or buy in Sydney,” Tadrosse said, adding that the two-fold demand was especially good news for investors.

Located at 14-20 Parkes Street Harris Street, Paramount on Parkes offers a mix of one, two and three-bedroom apartments across a 39-level building, along with a resort-inspired pool with a 300 sqm terrace and barbecue area, lush landscaping, and residents’-only children’s play areas.

Construction is well underway on the project and completion is slated for late 2023.

[smartcode_project:default project_id=9187 project_image_fid=181002]

The supply shortage is only set to be exacerbated by the recent announcement to raise the home loan deposit scheme threshold to $900,000 this coming July allowing more first home buyers and first-time investors to enter the market while they can.

While this month’s interest rate rise has given both owner-occupiers and investors pause for thought, Sydney’s unit market remains strong and is shaping up as a popular space for homebuyers, investors and renters alike

“For owner-occupiers, a rate rise can feel more onerous but for investors, it is far less concerning as the interest component of an investor loan is largely tax deductible. We may see a lift in asking rents as interest rates increase, as landlords look to offset any additional expense,” said Tadrosse.

[smartcode_project:default project_id=9187 project_image_fid=164851]

“The good news for owner-occupiers is that lending policies have accounted for an inevitable rate rise to help future proof the serviceability of loans,” he added.

New data from CoreLogic supports the strength of the apartment market, indicating rents are now outpacing those of houses. In its latest Quarterly Rental Review, CoreLogic showed national unit rents have bucked the trend seen since May 2019 and actually rose at a faster pace than national house rents over the first three months of 2022, recording a quarterly growth of 3 per cent while houses only increased by 2.4 per cent.

Similar to the national results, unit rents in the combined capitals also outperformed house rents over the first quarter, increasing 3.1 per cent compared to 2.2 per cent. According to the CoreLogic report, the median Sydney unit rent by the end of March was $546 a week, an 8.3 per cent change over 12 months.

[smartcode_project:default project_id=9187 project_image_fid=164857]

Compared to the previous quarter, gross rental yields for units also rose across Sydney, up 2.3 per cent during the quarter to 3.1 per cent.

Bianca Anton, General Manager of ALAND, said switched on investors are realising the true value of bricks and mortar as a long-term strategy and see units as the more affordable path to that financial freedom.

“Buyers are becoming more educated about the pending gap in their wealth creation so are looking for ways to ride the apartment price wave as far as possible. And with only a limited amount of new apartments available in Sydney right now, it really is a race of ‘first in, best dressed’ especially for those seeking to secure quality property,” she said.

Developer ALAND reveals investor sales soar as demand drives up rental yield

ALAND see apartment investors pour back into to Sydney's west

Parramatta is set to see a solid pipeline of new housing following the sign off of the Parramatta CBD Planning Proposal.

The long-awaited changes to the planning rules for the area will offer&nbsp;the potential to create much needed housing supply and quality jobs for Sydney&rsquo;s second city.

Urban Taskforce CEO Tom Forrest has welcomed the finalisation of the Parramatta CBD Planning Proposal said the new amendments provide capacity for approximately 11,900 new dwellings in the CBD.

&quot;This decision is welcome as it will provide more opportunities to boost housing supply in this LGA and assist the City of Parramatta to reach its five-year housing target of 23,660 new homes by 2026,&rdquo; Forrest said.

[smartcode_project:default project_id=9187 project_image_fid=164849]

However, the final changes to the Local Environmental Plan contain decisions that&nbsp;reduce the proposed development area and remove critical incentives for development of office space.

Urban Taskforce notes that Parramatta North and the Phillip Street Block have been excluded from the process with decisions postponed due to concerns over their heritage and public amenity values.

During the finalisation of the Planning Proposal, Council excluded sites previously endorsed in the Parramatta CBD Planning Investigation Area, inevitably &lsquo;kicking the can down the road&rsquo; to be progressed at a later stage.

[smartcode_project:default project_id=9187 project_image_fid=164848]

This has happened again in the Parramatta North and Phillip Street Block and is a missed opportunity to utilise the full potential of the CBD area, according to Forrest.

The other last-minute DPE change to the plan includes restrictions to the floor space ratio (FSR) from those originally proposed by Parramatta Council.

&ldquo;Parramatta Council proposed an exemption from any FSR controls for office development (greater than 1,800 sqm) in the Commercial Core and the Mixed Use zone. This was proposed to allow for maximum flexibility and as an incentive to future investors.

[smartcode_project:default project_id=7642 project_image_fid=197136]

&ldquo;The Urban Taskforce has repeatedly called for flexibility in the planning controls which will enable the market to create developments that are best suited to the area and best respond to the demand for office spaces, retail, and homes. Council had proposed precisely this and DPE re-imposed unwelcome controls which will limit commercial development and opportunities for quality new jobs,&rdquo; Forrest said.

&ldquo;Parramatta Council&rsquo;s worthy intention was to enable A-Grade office towers to be built with modern designs. The competitive and creative designs of today&rsquo;s modern office towers ensure great look, functional space and build form which is best suited to the demand of the market today and in the future,&rdquo; he added.

Notwithstanding the reduced size of the development area and the FSR restrictions, the finalisation of the CBD Planning Proposal will finally give some certainty to investors.

The amended Parramatta Local Environmental Plan commences on 14 October 2022 but is expected to guide the economic development of the CBD for the foreseeable future.

&ldquo;It is great to see the NSW Government, led by Planning Minister Roberts, tackling housing supply and this is a positive step,&rdquo; Forrest concluded.

The long-awaited changes to the planning rules for the area will offer the potential to create much needed housing supply and quality jobs for Sydney’s second city



Parramatta could see 12,000 new dwellings as CBD Planning Proposal gets greenlight

Meriton has secured a record $5.96million sale in an off-the-plan apartment amalgamation in its 180 George Parramatta project.

The buyer has purchased four apartments in the complex being developed by billionaire Harry Triguboff&rsquo;s Meriton Apartments.

It is due for completion in early 2023.

Meriton national sales director James Sialepis told News Ltd the buyer secured a combined 460 sqm floor space.

[smartcode_project:default project_id=8590 project_image_fid=71714]

&ldquo;To break the record for the highest priced apartment sold in the entire western Sydney is a phenomenal result,&rdquo; he said.

The buyer will be able to customize their layout within the 67 storey glass tower.

There were 522 apartments approved prior to amalgamations in 180 George.

One of the nearby popular off the plan projects in Parramatta is&nbsp;Imperial&nbsp;by Merhis as was the completed The Galleria project at 9 Hassall Street by Nucorp.

Meriton has negotiated a record off-the-plan amalgamated apartment price in its 180 George Parramatta complex

jchancellor-FAypfDUnLy

Meriton secure 180 George Parramatta record apartment sale

Sydney&#39;s second CBD&nbsp;is set for a new modern mixed-use precinct on the foreshore of the Parramatta River.

Plans have been lodged by&nbsp;Hamptons Property Services&nbsp;for 273 apartments across three 14-level towers at 10-12 River Road West. There will also be&nbsp;commercial and retail space on the ground floor.

PTI Architecture has designed the facade with the concept of &quot;waves on the river&quot;, with facade materials including glass, powder coated aluminium, pre-finished&nbsp;brick, and formed concrete.

&quot;The use of the various bronze aluminium trim thicknesses on the curved balcony edges produce a gradient effect that is intended to mimic the sunlight reflecting off the ripples on the Parramatta River,&quot; PTI Architecture&#39;s design statement, signed off by head architect Peter Israel, read.

There&#39;s a vertical slot in the balconies which provide a physical and visual break in the mass, giving the facade an appearance of smaller vertical blocks.

<img alt="" height="841" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/10-12_river_rd_west_parramatta_3.jpg" width="1200" /> 
The mixed-use development on the banks of the Parramatta River. Source: PTI Architecture

There will be 60 one-bedroom apartments, 184 two-bedroom apartments and 29 three bedders.

The site is subject to a Voluntary Planning Agreement which involves dedication of a portion of the foreshore land to Parramatta City Council. The remaining site area would be 6,289 sqm, with 1,992 sqm of the foreshore&nbsp;dedicated to Council.

<img alt="" height="838" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/10-12_river_rd_west_parramatta_5.jpg" width="1200" /> 
Nearly 2000 sqm of the foreshore will be dedicated to Council. Source: PTI Architecture

There&#39;s integrated seating with landscaped planter boxes over the basement car parking at the ground floor level to increase soft landscaping areas as an addition to the Public Domain.

TGS Landscape Architects have also designed landscaped planter boxes on the communal roof top spaces&nbsp;of each building to improve amenity for residents.

The 8,281 sqm combined site comprises 10 and 12 River Road West. Number 10 is&nbsp;currently occupied by various single storey shed used for industrial purposes, while number 12&nbsp;is currently vacant with an existing concrete basement structure as the remnants of a vehicular wrecking yard that previously occupied the site.

PTI Architecture has designed the facade with the concept of "waves on the river".

New mixed-use precinct set for the Parramatta River

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With the Parramatta CBD set to undergo a major transformation over the next five years, the area is seeing unprecedented levels of private investment in property.

“Outlying suburbs such as Parramatta and Liverpool are developing into regional cities, and with improved infrastructure in the works, there is likelihood we will see significant population growth in these areas further from the CBD”, property expert Michael Yardney said.

But why invest? The Parramatta area is ideally located in a growth area, home to a broad range of industries and only a 30-minute train ride from the CBD.

According to Smart Property Investment, the area’s gross rental yield for units sits at 3.8 per cent, almost double the rental yield for houses in the area, which sits at 1.96 per cent.

The suburb will soon service residents with a new light rail between the CBD and Western Sydney airport.

Urban takes a look at five apartments within the council area, starting from $405,000.

1. The Retreat, Lidcombe 
Address: 11 Carter Street, Lidcombe NSW 2141 
One-bedroom apartments from $568,000

[smartcode_project:default project_id=25940]

Offering families a practical sense of home in the rapidly evolving lifestyle hub of Sydney Olympic Park, the 22-storey Retreat development delivers timeless design and functional layouts.

Delivered by Meriton, the curvaceous glass towers form powerful landmarks on the suburb’s skyline.

Among the resort-style, master-planned community’s multiple leisure facilities include an aquatic centre, tennis centre and adventure parks.

Close-by Parramatta CBD and a 20-minute train from the Sydney CBD, Aura provides enviable employment opportunities to its residents.

2. 180 George, Parramatta NSW 2150 
Address: 180 George Street, Parramatta NSW 
One-bedroom apartments from $502,000

[smartcode_project:default project_id=8590]

Another Meriton development, 180 George brings together beautifully curated residences with rich lifestyle amenity across two slender towers.

The 767-apartment development is designed by architect Woods Bagot and features communal open space, a sundrenched podium terrace and a barbeque area.

Rooftop podium gardens, encompassing a 1,200sqm area, a childcare centre and a major national supermarket chain are also included in the site.

The towers are estimated to reach completion in December 2021.

3. Riva, Parramatta 
Address: 30 Charles Street, Parramatta NSW 2150 
One-bedroom apartments from $405,000

[smartcode_project:default project_id=25842]

Situated on a premium riverfront location, Riva offers residents spectacular water views and plenty of natural light.

Riva forms part of the future 180 George mixed-use precinct and offers 146 studios, dual-key and oversized residences in one, two and three-bedroom configurations.

The development features high-quality LED lighting, frameless glass showers, contemporary marble-inspired feature walls and spacious floorplans.

4. Moseley, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

[smartcode_project:default project_id=25486]

Close-by Epping Station, the affordable Moseley project delivers 41 one, two and three-bedroom apartments that match the needs of families, downsizers and young professionals.

Developed by H&amp;T Group, the project boasts contemporary design, modern silhouettes, a gym, communal entertaining areas and an electric charging dock.

Each apartment features timber floorboards, reconstituted stone benchtops and Miele kitchen appliances.

It is located in close proximity to some of the best secondary schools in the country, such as James Ruse Agricultural College, Tara and The King's School.

5. The Galleria, Parramatta 
Address: 23-29 Hassall Street, Parramatta NSW 2150 
One-bedroom apartments from $589,000

[smartcode_project:default project_id=9190]

Nucorp’s Parramatta project, The Galleria, delivers 140 one and two-bedroom residences in Sydney’s second-largest CBD.

Designed by Architex, the Galleria puts you front-row and centre for the exceptional growth, gentrification and cultural change that Parramatta is currently experiencing.

Residents can enjoy a private podium garden or the Church Street dining scene, while onsite commercial spaces at ground level provide a variety of retail offerings.

All apartments come with basement security parking, secure storage spaces, quality SMEG appliances and designer bathrooms.
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With the Parramatta CBD set to undergo a major transformation over the next five years, the area is seeing unprecedented levels of private investment in property

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Five new apartments in Parramatta from $405,000

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The past fortnight has seen three major development applications within City of Parramatta's boundaries receive the go ahead.

Hundreds of new hotel suites and residential apartments stand to be added to both Parramatta's core and emerging apartment enclave Wentworth Point. The trio of developments also stand to add near on $400 million in construction activity to the municipality.

Earlier this week Parramatta's 89 George Street received final approval. Starwood Hotels have committed to the 27 storey tower, with Four Points By Sheraton Parramatta expected to take residence by April 2020.

JZL Properties and Sandstone Capital have backed the project which went to planning late last year, with the intention of providing 271 new hotel rooms within a purpose built tower. Architecture firm Group GSA handled the tower's design, incorporating ancillary uses such as 722 square metres of function space, bar, restaurant, gym and pool.

Parramatta's strong uptake of hotel accommodation continues to generate new hotel activity with recent mooted projects including a 33 storey redevelopment of the Roxy Hotel and additional Meriton Suites slated for Parramatta's riverfront.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image43_15.jpg" rel="gallery-all" title="Four Points By Sheraton Parramatta. Image: Starwood Hotels"><img alt="" class="image-article-full-width-580px" height="342" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image43_15.jpg?itok=5HW_XSDS" title="Four Points By Sheraton Parramatta. Image: Starwood Hotels" width="580"></a>

<figcaption>Four Points By Sheraton Parramatta. Image: Starwood Hotels</figcaption></figure>Second most recent to gain approval is Block B 6-8 Baywater Drive which is the latest substantial apartment development for the Wentworth Point Urban Activation Precinct.

Expected are 275 apartments within a Tier Architects-designed u-shaped apartment block with a central communal garden and courtyard. The approved project sits between the first stage of Nascorp Properties' Harbour Village apartment development and the mouth of the Parramatta River.

Harbour Village's initial release includes approximately 400 apartments, with the freshly approved Block B shaping as the next major release.

Spanning 9 storeys at its highest point, Block B 6-8 Baywater Drive includes 85 single, 151 double and 39 triple bedroom apartments within the build which is valued at just under $75 million. Block B 6-8 Baywater Drive adds to the thousands of new apartments planned or in delivery within Wentworth Point.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image40_12.jpg" rel="gallery-all" title="6-8 Baywater Drive Wentworth Point. Planning image: Tier Architects"><img alt="" class="image-article-full-width-580px" height="389" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image40_12.jpg?itok=1d5IdMP6" title="6-8 Baywater Drive Wentworth Point. Planning image: Tier Architects" width="580"></a>

<figcaption>6-8 Baywater Drive Wentworth Point. Planning image: Tier Architects</figcaption></figure>Rounding out the trio is Coronation Property 's statement tower at 8 Phillip Street in Parramatta's CBD. The Woods Bagot-designed tower is a mix of apartment and hotel uses, and is expected to stand 200 metres above the Parramatta streetscape.

Final approval was granted at the turn of July for the development which carries an estimated delivery cost of $238.7 million. The 55-storey tower includes 314 apartments, approximately 250 hotel rooms, function/conference facilities and 9 levels of basement parking.

QT Hotels &amp; Resorts have signed on for the tower's hotel aspect, taking approximately 15 levels. Additional project drawcards include a level 18 pool and green space, two restaurants including a Sake by Rockpool Dining Group and a rooftop bar.

Although final approval arrived within the past fortnight, 8 Phillip Street's apartments have been marketed for some time. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image44_6.jpg" rel="gallery-all" title="8 Phillip Street's open air pool. Image: Coronation"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image44_6.jpg?itok=nmWENvhJ" title="8 Phillip Street's open air pool. Image: Coronation" width="580"></a>

<figcaption>8 Phillip Street's open air pool. Image: Coronation</figcaption></figure>
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