The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

Joel Robinson

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

A subtropical pair of residential towers are in planning for a key South Brisbane site neighbouring the iconic Expo ’88 Skyneedle, with new documents revealing a vertically layered vision designed to respond to the precinct’s evolving high-density character.

The proposal has been lodged by&nbsp;Darveniza Group, which is also is behind the 400-apartment Station Quarter precinct in Alderley.

Darveniza Group, led by Jane Darveniza, the Brisbane-based investor and Queensland rich-lister and widow of the late property magnate Bojan Darveniza, is seeking approval for a mixed-use project encompassing 204 apartments, ground-level retail, food and drink tenancies, and office space across two architecturally integrated towers at 37–39 Manning Street.

Occupying an 1,822 sqm site, the proposed towers would rise above a sculptural podium base, with a recessed landscaped centre, rooftop communal areas, and a total of 220 car parks and 256 bicycle bays. The apartment mix spans one- to five-bedroom dwellings, with a design emphasis on generous balconies, cross-ventilation, and climate-responsive materials.

<img alt="First look: Twin towers proposed for Manning Street site beside Skyneedle" data-entity-type="file" data-entity-uuid="42c1f501-2afd-440b-af49-67c257123ea7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Manning%20podium.png?VersionId=KFlksfWzmDRD.VIYxd_1q3VAel.nN3TH" />

“The development is conceived as two slender twin buildings that meet at a lushly landscaped central recess,” the Finegrain design report states. “The façade is highly articulated with the plan form stepping back and forth to reduce visual bulk and maximise internal occupants’ access to natural light and air”.

A hallmark of the proposal is its integration of greenery, both visually and functionally. Around 77 per cent of the site’s green plot ratio is delivered through vertical planting spines, a green podium wall, and rooftop amenity. Ground-level deep planting and landscaped communal zones aim to create a shaded, walkable interface along Manning Street.

“The stepped plan form introduces variation in balcony setbacks and enclosed apartment areas, enriching both the façade expression and the resident experience,” the design team notes. “At ground and podium levels, this stepping also enhances permeability, maximising pedestrian view lines to the neighbouring Skyneedle and reinforcing a strong sense of local identity”.

<img alt="First look: Twin towers proposed for Manning Street site beside Skyneedle" data-entity-type="file" data-entity-uuid="b3f26dfc-6b93-465c-9ffb-0a2530372a23" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Manning%20site.png?VersionId=JflvKdqDxcaHTFbb9HL5TwoiRgeQ2LqA" />

The site directly adjoins the heritage-listed Skyneedle at 35 Manning Street, an enduring legacy of World Expo ’88. The accompanying heritage impact report by Pendergast Architects contends that the proposal has been carefully conceived to protect the cultural significance and landmark visibility of the structure.

“The design provides setbacks, tower separation and podium articulation to maintain the visibility and landmark role of the adjoining Skyneedle,” the report states. “The significance of the Skyneedle lies principally in its landmark visibility and cultural symbolism, rather than in detailed fabric or architectural setting”.

The proposal sits within the Kurilpa Sustainable Growth Precinct, under Brisbane’s TLPI 02/2023, where revised planning controls support high-density, mixed-use development integrated with subtropical design and increased public realm contributions.

Finegrain’s design reflects this intent, drawing cues from the site's adjacency to Musgrave Park, the subtropical landscape of South Brisbane, and cultural landmarks such as QPAC and South Bank.

Twin green towers proposed for Manning Street, South Brisbane site beside Skyneedle

Clayton

Clayton in Melbourne’s south-east is benefitting from Schiavello’s M-City project, which provides a sophisticated ‘mini-city’ within the suburb.

“M-City is the new gateway to Melbourne’s South East growth corridor,” the project marketing reads.

[smartcode_project:default project_id=528 project_image_fid=46031]

Located just 20 minutes from the Melbourne CBD, M-City rises from a prominent corner on Princes Highway and Blackburn Road and offers the largest lifestyle and retail destination outside of the CBD.

The mixed-use development delivers residents with a mix of apartments, retail and commercial offerings, creating its own vibrant community that has been carefully curated by leading urban planners.

Designed by&nbsp;Buchan Group, the spacious new residence features a mix of one, two and three-bedroom configurations, as well as resort-style facilities, premium office spaces and an international hotel.

<blockquote>
“M-City’s own International Hotel, emblazoned with a distinctive bronze façade, is set to become a new local landmark, providing understated yet luxurious accommodation for visitors.”
</blockquote>

The hotel provides residents with a range of function venues that offer spaces for memorable occasions, such as meeting rooms, a ballroom and a hotel bar.

[smartcode_project:default project_id=528 project_image_fid=46028]

Each apartment contains floor-to-ceiling glazing, spacious balconies and luxury amenities, including a heated pool, landscaped gardens, private tennis court barbeque areas.

According to the developers, M-City also offers everyday shopping, anchored by Woolworths and Kmart. The retail precinct delivers up to 60 speciality stores, including a butcher, pharmacy and bakery.

[smartcode_project:default project_id=528 project_image_fid=46030]

Just 700 metres from Monash’s Clayton campus, the community features a world-renowned education and science precinct on its doorstep.

The vibrant suburb, which has had an average annual growth of 12 per cent over the last three years, also boasts numerous grocery stores, restaurants, bars and more within walking distance from the home.

The first building, M1, sold out within 14 days, reflecting the attractive investment opportunities the residences present for first home buyers and seasoned investors alike.

[smartcode_project:default project_id=528 project_image_fid=46023]

About the developer

Schiavello has been creating and servicing world-class work and living environments for over 50 years.

Since 1966, Schiavello has worked with thousands of brands across a wide range of industries including office, hospitality, health, retail, residential and education.

&nbsp;

The mixed-use development delivers residents with a mix of apartments, retail and commercial offerings, creating its own vibrant community

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‘The pulse of Monash’: Inside Schiavello’s M-City in Clayton

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The build-to-rent developer Assemble will deliver 3,300 dwellings for low and moderate income households alongside the national not-for-profit provider Housing Choices Australia.

The initial tranche of the pipeline will be focused in Melbourne's inner and middle ring, with Carnish Road in Clayton earmarked as one of the key sites to be delivered under the partnership.

At least 20 per cent of the dwellings will be within the low-income housing component of each community.

Groups offered tenancy may include women experiencing domestic violence, young people living with disabilities, or key workers on low, fixed incomes that provide essential community services.

Housing Choices Australia will manage community housing across Assemble's $1.5 billion future project pipeline of build-to-rent developments. Under the partnership, Housing Choices Australia and Assemble will co-invest alongside institutional equity investors in all projects. 

[smartcode_project:default project_id=4124]

Assemble managing director Kris Daff said that the timing of this partnership is critical as Australia has an affordable housing shortfall in excess of one million dwellings that must be met by 2036.

“We are proud to partner with Housing Choices Australia to deliver much needed long-term mixed-income rental housing. Our partnership demonstrates how the private and not-for-profit community housing sector can work in unison to deliver real solutions to Australia’s critical housing shortage,” said Mr Daff.

“At a time that has been socially and economically devastating for Victoria, fuelled by uncertainty in housing tenure and barriers to home ownership, our communities need support now more than ever to ensure we do not reach crisis point.”

“Build to rent is a scalable model, and when executed to its best effect, it has the potential to meet our nation’s demand for secure-tenure affordable housing. We see mixed-income communities as a blueprint for the future of Australian housing,” said Mr Daff.

Housing Choices Australia managing director Michael Lennon said although new to Australia, build to rent is widely adopted internationally

“The establishment of build to rent as an asset class reflects the growing maturity of the community housing sector in Australia," Lennon said.

“Build to rent recognises that there are very significant unmet housing needs in Australia coupled with a strong desire by institutional investors to diversify and to contribute solutions to the housing crisis. The community housing sector offers ideal partnership opportunities because of its depth of experience in managing tenancies and communities cost effectively.”

“International examples of build to rent offer a wider array of housing choices, enrich city communities, benefit local economies and most importantly, take pressure off the housing system overall,”  Lennon added.

Assemble currently has a significant project pipeline in Victoria – the largest private portfolio of mixed-income housing.
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At least 20 per cent of the dwellings will be within the low-income housing component of each community

Assemble strike $1.5 billion affordable housing deal with Housing Choices Australia

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Although some student apartment markets are currently impacted by a lack of demand due to the fall in international students, investors can still secure a strong performing long-term investment.

Apartments in student markets more affordable than ever, and according to the Demographics Group’s Simon Kuestenmacher, international students will likely drive a correction in prices for student-focused apartments in the longer term.

“Sooner or later, international students will come back to Melbourne because the demand for a high quality, English-speaking, in-person university experience is not going to shrink while we’ve got those growth economies in Asia,” Kuestenmacher told Domain.

As one of Victoria’s best performing universities, Monash hosts more than 85,000 students at its various campuses around Melbourne.

Urban takes a look at five apartments perfect for students nearby Monash, ideal for scholars and academics, high-income postgraduates and investors.

<h2>Apartments close to the Monash Parkville Campus</h2>

Home to the university’s Faculty of Pharmacy and Pharmaceutical Sciences, the Parkville campus is made up of five buildings on Royal Parade and is close-by Monash Law’s city campus.

Property investors with investments in the surrounding suburbs benefit from the campus, which enrols around 1,100 undergrad and postgrad students, which attracts international students, part-time students and professional researchers.

1. Melbourne Grand, Melbourne 
Address: 560 Lonsdale Street, Melbourne VIC 3000 
One-bedroom apartments from $498,000

[smartcode_project:default project_id=3490]

Winner of the HIA ‘Victorian apartment complex of the year 2020,’ Central Equity’s Melbourne Grant provides an outstanding living experience.

Less than a kilometre away from Monash University’s Parkville campus, postgraduate students and investors alike will enjoy the residence’s ideal location.

The residence features various amenities, including resort-style facilities, residents’ lounge, 17-seat theatre and coffee bar.

2. Parkhill Apartments, West Melbourne 
Address: 408 Spencer Street, West Melbourne VIC 3003 
One-bedroom apartments from $479,000

[smartcode_project:default project_id=27406]

Although a bit further from the campus, three kilometres south, the well-connected Parkhill Apartments offers stylish residences on the fringe of the Melbourne CBD.

Delivered by Central Equity, the project benefits from bright apartments with up to 2.7-metre-high ceilings, spacious balconies and seven-day concierge service.

Located minutes from Queen Victoria Market, transport links and Flagstaff Gardens, this project is one to consider.

<h2>Apartments close to the Monash Clayton Campus</h2>

Clayton campus, the university’s main campus, boasts a student population exceeding 41,000.

The 1.1 sqkm site also hosts the majority of Monash’s 9,000 academic staff, as well as visiting researchers, scholars and doctoral students.

1. Aster Apartments, Clayton South 
Address: 456 Haughton Road, Clayton South VIC 3169 
One-bedroom apartments from $396,800

[smartcode_project:default project_id=4124]

Delivered by Cedar Woods and designed by DKO Architecture, Aster Apartments boasts affordable apartments in the award-winning masterplanned community, Jackson Green.

With over 4,700 sqm of public open space, residents at Aster can enjoy plenty of social spaces to connect with neighbours, just 1.8 kilometres from Monash’s main campus.

Clayton’s South is a hub for healthcare and education, connecting residents to employment opportunities, countless amenities and developed infrastructure.

2. M-City, Clayton 
Address: 2107 Dandenong Road, Clayton VIC 3168 
One-bedroom apartments from $371,300

[smartcode_project:default project_id=528]

Just 700 metres from the Clayton campus, M-City provides a sophisticated ‘mini-city’ in Clayton, within walking distance to grocery stores, restaurants, bars and more.

Shiavello’s development is situated in the lively Clayton, which has had an average annual growth of 12 per cent over the last three years.

Each apartment contains floor-to-ceiling glazing, spacious, private balconies and luxury resort-style facilities, including a heated pool, landscaped gardens and barbeque zones.

<h2>Apartments close to the Monash Caulfield Campus</h2>

Comprising over 13,000 students, the Monash Caulfield campus is the university’s second-largest.

Located within the Glen Eira City Council, Caulfield boasts good infrastructure, an excellent community feel and great schools.

1. 1060 Carnegie 
Address: 1060 Dandenong Road, Carnegie VIC 3163 
One-bedroom apartments from $459,000

[smartcode_project:default project_id=2882]

Located only 1.3 kilometres from the Caulfield campus, 1060 Carnegie enjoys the convenience of two train stations, four train lines and a dedicated tram route.

Beautiful parks, gardens and sport facilities provide vast amenity to students, homeowners and visiting scholars.

Delivered by Fortune Property Group and designed by Peddle Thorp Architects, the apartments feature landscaped lawns, rooftop garden and integrated storage space.

2. Equus, Glen Huntly 
Address: 28 Watson Grove, Glen Huntly VIC 3163 
One-bedroom apartments from $470,000

[smartcode_project:default project_id=28063]

Placed in the intimate suburb of Glen Huntly, Equus affords a superior quality of life in an exceptional location, just 11 kilometres south-east of the CBD and 1.2 kilometres from the Caulfield campus.

Owner-occupiers and investors will enjoy the area’s relaxed energy and family-friendly neighbourhood.

Equus comprises 39 apartments and offers outdoor entertaining areas, considered space and bright open space.
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According to the Demographics Group’s Simon Kuestenmacher, international students will likely drive a correction in prices for student-focused apartments in the longer term

Student apartments for under $500k close to Monash University campuses

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The $1 billion mixed-use M-City development in Clayton has been completed by contractor Multiplex, on behalf of Schiavello Group.
The site is prominently located at 2109-2125 Dandenong Road, on the corner of Princess Highway and Blackburn Road.
Designed by the Buchan Group, M-City is one of the largest master-planned community single stage developments undertaken in Victoria to date.
"We are delighted to complete one of the most significant new developments in Victoria. M-City is a vibrant miniature city in itself delivering premium office, residential, retail and hotel accommodation. It will quickly become a new lifestyle destination in Clayton," said Graham Cottam, Regional Managing Director of Multiplex Victoria.
Multiplex commenced work on M-City in July, 2018 and construction spanned a two- year period, with up to 1,100 workers on-site during peak periods.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/29/M-city%202.jpg" alt="">
The 30,000 square metre site has a combined built area of over 18 hectares.
Four residential buildings have been built, ranging from three to 12 levels.
There are a total of 665 apartments.
The apartment towers feature rooftop gardens, tennis courts, a swimming pool and spa, a fitness centre, and BBQs.
M-City also features a 4.5-star international hotel that will be operated by Park Royal.
M-City has an eight-level commercial office tower providing 14,000 square metres of commercial space above a two-level retail podium.
The 30,450 square metre retail centre comprises 78 stores including Woolworths, K- Mart, Village cinema complex, a medical centre and a childcare centre with a two-level carpark providing 2,000 car spaces.
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j.ballantyne1990-6AQqhLzZaK

Clayton's $1 billion M-City development completed

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A Clayton mortgagee apartment, directly opposite the suburb’s Monash University campus, has come onto the market for $305,000.
The top-floor apartment features one bathroom, a single bedroom, a balcony, a car space, and a small kitchen.
The unit has 33 square metres of internal floorspace.
Built in 2013, it has never previously sold.
The median unit price in Clayton is $683,000.
Ari Oinonen and Silvana Lakic, from Century 21, have the listing.
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Top-floor Clayton mortgagee apartment listed for $305,000 

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Construction has begun on new house in Clayton, south east of Melbourne, to be built especially for at-risk youths.
Frasers Property Australia is partnering with the Property Industry Foundation (PIF) and the Lighthouse Foundation to build the home for at-risk and homeless young people.
The PIF House Program launched in 2017 with the aim to build 125 bedrooms for at-risk and homeless youth in Victoria, New South Wales and Queensland by 2021.
Live-in carers and counsellors in the homes provide support, mentoring and life skills to help rebuild the lives of young people and help them transition to independent living.
Frasers Property is sponsoring and building the PIF House Clayton, which will eventually house up to four disadvantaged youth and two live-in carers, serviced by the Lighthouse Foundation.
At Clayton, a host of other companies and organisations are playing a part, donating materials, time, skills and expertise to the project.
Partners include Corinthian Doors, Dulux Group, Austral Bricks, SMEG, Blind Factory and Beaumont Tiles, among many more.
The collaborative project will result in a brand-new home for at-risk youth, with a build value in excess of $550,000 donated to the cause.
Sarah Bloom, the general manager at Frasers Property Australia, says the sod-turning event, which marked the beginning of construction of the house, was a proud milestone for everyone involved.
“It’s been a huge effort by everyone involved in PIF House Clayton to welcome so many different businesses on board to help with this project,” Ms Bloom says.
“The Property Industry Foundation brings together the generosity and skills of the property and construction industry to build homes for homeless youth,” added CEO, Kate Mills.
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Clayton's PIF house for at-risk youths begins construction 

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Hands were being raised furiously as a total of 26 bids saw a Clayton office/warehouse sell under the hammer on site at Unit 21, 1866 Dandenong Road, for $500,000.
With a 219 square metre total building area, <a href="https://www.raywhite.com/vic/clayton/2057662/" target="_blank">the vacant property</a> provided a balance of warehouse and office space, with three car parks on the title that included two undercover.
The property was marketed and sold by Ray White Commercial Oakleigh Sales and Leasing Consultants Joshua Colosimo and Paul Rizzo.
Colosimo said because the business park was so tightly-held, the sale figure reflected a return of $2,500 per square metre, a record price for the estate.
“There was a genuine buzz around the auction with a crowd of 40 people turning up, and the asset eventually sold to a local investor, who will look to lease the property out,” he said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/26/007_Open2view_ID559863.jpg" alt="">
“The opening bid started at $350,000, and with competition for the site so strong, it was 25 bids later when it eventually sold for $500,000.”   Rizzo said the potential buyers understood the office/warehouse was in a prime location in one of Clayton's most tightly-held and highly sought after business parks.   “The property included a first floor office area of 80sq m* and had ample amenities including ground and first-floor toilets and shower,” he said.   “It also came with a container-height motorized roller door, three-phase power, alarm system, split system heating/cooling and had kitchenette facilities on both the ground and first floor.”
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Clayton office//warehouse sells for $500,000 under the hammer

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The Victorian Planning Authority (VPA) and Monash Council is inviting members of the community to have their say on the PMP Printing site in Clayton as part of Phase 2 of its community engagement process.

The PMP Printing precinct is a 10-hectare site located on the corner of Carinish Road and Browns Road in Clayton currently zoned for industrial land uses. Currently occupied by a printing factory, manufacturing at the site has significantly decreased over recent decades, according to the VPA.

<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/pmp-printing-site-plan.jpg" rel="gallery-all" title="10-hectare site located on the corner of Carinish Road and Browns Road in Clayton. "><img alt="" class="image-article-full-width-580px" height="368" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/pmp-printing-site-plan.jpg?itok=9qh6P_8o" title="10-hectare site located on the corner of Carinish Road and Browns Road in Clayton. " width="580"></a>

<figcaption>10-hectare site located on the corner of Carinish Road and Browns Road in Clayton.</figcaption></figure>The VPA's vision is to renew the 'Strategic Site' as a predominantly residential neighbourhood supported by a mix of businesses, pedestrian friendly streets, a town square and local parks for active and passive use.

<blockquote>
The PMP Printing site has the potential to accommodate a large share of Monash’s future population growth, providing opportunities for people to live and work within the municipality. The renewed precinct will have a higher density and greater mix of housing than the surrounding established suburbs of Monash. 

The precinct will transition from lower scale three storey townhouses adjacent to existing neighbours up to eight storey buildings towards the centre of the precinct. Commercial buildings along Carinish Road are also proposed up to eight storeys.

- Victorian Planning Authority
</blockquote>

To achieve its vision for the site, the VPA has prepared a concept plan outlining the development intent at the PMP Printing site to ensure that the proposed density is served sufficiently with an appropriate level of infrastructure. This concept plan has been informed by earlier community engagement and technical reports. 

The delivery of infrastructure is being carefully considered by the VPA against the following principles:

<ul>
<li>Principle 1 - The 20 minute neighbourhood</li>
	<li>Principle 2 - Transport</li>
	<li>Principle 3 - Open Space</li>
	<li>Principle 4 - Building design</li>
	<li>Principle 5 - Employment</li>
	<li>Principle 6 - Housing affordability and diversity</li>
</ul>
Following phase 2 of the community engagement process, the concept plan will form the basis of the comprehensive development plan for the site, which will go through a planning scheme amendment process. The VPA and Monash expect to undertake further community engagement during the Amendment advertising process.

<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/pmp-printing-site-community-newsletter-february-2019.jpg" rel="gallery-all" title="Artist's impression of the PMP Print site renewal. Image: VPA"><img alt="" class="image-article-full-width-580px" height="425" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/pmp-printing-site-community-newsletter-february-2019.jpg?itok=k4C1B5iV" title="Artist's impression of the PMP Print site renewal. Image: VPA" width="580"></a>

<figcaption>Artist's impression of the PMP Print site renewal. Image: VPA</figcaption></figure>The PMP site is located within <a href="/developments/clayton-vic-3168">an area of Clayton undergoing significant change</a>, with the neighbouring former Clayton Primary School site to the north due to be redeveloped into a residential village known as Eastwood. Located at <a href="/buildings/eastwood-monash-clayton-29-browns-road-clayton">29 Browns Road</a>, Eastwood will comprise 147 apartments in addition to 72  townhomes, around a common green space, and connected by leafy pedestrian-friendly streets.

To the south on the opposite side of Carinish Road, Cedar Woods is in the throes of redeveloping the former Sigma site into a master planned community called Jackson Green. <a href="/news/cedar-woods-launches-huntington-at-jackson-green-in-melbournes-south-east">As mentioned on Urban.com.au last week</a>, Cedar Woods has launched the third building in the development, Huntington which has already experienced strong sales enquiries.

<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/eastwood_huntington.jpg" rel="gallery-all" title="L-R: Eastwood and Huntington"><img alt="" class="image-article-full-width-580px" height="181" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/eastwood_huntington.jpg?itok=lusvFAHU" title="L-R: Eastwood and Huntington" width="580"></a>

<figcaption>L-R: Eastwood and Huntington</figcaption></figure>To get involved and have your say on the future redevelopment of the PMP Printing site <a href="https://vpa.vic.gov.au/project/pmp-printing-strategic-site/p/key-principles-pmp/">click here</a>. The VPA will be accepting community input and feedback until the 22nd March.

Lead Image: Victorian Planning Authority
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Laurence Dragomir

VPA and Monash seek community input for PMP Printing Strategic Site

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An owner-occupier in the building industry has paid $590,000 for an office/warehouse unit at Clayton in Melbourne’s south-east in a deal brokered by Savills agent Daniel Kelly. 
The <a href="https://www.commercialrealestate.com.au/property/1-1866-princes-highway-clayton-vic-3168-2012556827" target="_blank">unit 25, 1866 Princes Highway</a> property comprises a modern 335 square metre facility which is part of Pomeroy Pacific’s speculative 24 unit Wareca showroom and warehouse development.
"The purchaser was keen to secure a property which offered the best location, not just in terms of access to freeways but also exposure, and a modern building that facilitated operational efficiencies,’’ Kelly said.
He said the vendor, Stockwood Building Group, would relocate to Notting Hill.
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